Banks Are Scared Of Crypto And Here Is Why
It is no secret that ‘big banks’ worldwide are scared of crypto currencies, and they have every right to be. After all, crypto currencies are the up and coming financial innovation, stripping the centralised institutions of their ability to keep their money movements above board and dirt free. Banks suppress crypto currencies because they are scared of it, and in reality, they are out of their depth with the new Blockchain technology and are scrambling to find a way to stay relevant and clean in todays market. To be blunt, centralised institutions worldwide don’t know how to understand it, control …
Samsung Pay Driving Force Behind Galaxy S10 Crypto Wallet
Since the launch of Samsung’s newest smartphone, the Galaxy S10, it has been confirmed that Samsung Pay is the driving force behind the introduction of the built in crypto-currency wallet; the latest feature and technological advance in smartphones to date. Samsung Pay is already home to 10 million active users. With the integration of crypto currencies this is the “best way to broaden their user base at an international level” claimed Donga, mainstream media outlet in South Korea. The latest crypto currency wallet, enabled with Blockchain technology, already gives Samsung Galaxy S10 users access to Ethereum (ETH), Bitcoin (BTC), Bitcoin …
Bitcoin Inevitable To Succeed In The Crypto Arena
Crypto currencies, including Bitcoin (BTC) have been around for the last ten years, and it is fair to say that they have all had their ups and downs. However, even though there are many people out there who do not want to believe that Bitcoin and other alt-coins will succeed, the reality is, there is inevitability to the success of the crypto space, and this concept-shifting revolution will harvest power with the world over. There are many cynics, including Warren Buffett and many other sceptics within the Wall Street posse who claim that Bitcoin will eventually bite the dust. Although, …
US Pension Fund First To Enter Crypto Asset Universe
Morgan Creek Digital has become the first US pension fund to enter the crypto asset universe, joining the likes of Yale University, the second largest legacy in higher education. This has come after the US national debt has just crossed the landmark level of $22 trillion and the need to devise a potential solution to solve the impending pension crisis in the US. Currently the global debt is hovering above $250 trillion, which is past the debt level of the previous global financial crisis (GFC), which we experienced in 2008. Two pension plans in Fairfax County, Virginia have invested millions …
Opera and Samsung Giving You Crypto At Your Fingertips
Opera, a major Internet browser that can be accessed through Android has integrated its latest, cutting-edge feature boasting a built-in crypto wallet. Off the back of announcing their plans three months ago to explore and advance block chain technology, Opera has embraced this most up-to-date expertise in crypto currency with open arms. Strong, abiding partnerships between Opera with Safello, a European crypto currency exchange and Samsung, South Koreas largest mobile phone corporation will see these companies integrate this latest technology. CEO of Safello, Frank Schuil said, “WITH SAFELLO BROKERAGE ON THE OPERA MOBILE BROWSER FOR ANDROID, BOTH NEW AND EXPERIENCED …
Australia Set To Become Worlds Next Crypto Currency Hub After Banks Exposed
The Royal Commission has released their report into the misconduct in the Australian Banking and Super Annuation sectors and their findings are nothing short of an absolute disgrace to the financial treatment of Australians. Commissioner Kenneth Hayne yesterday finally delivered his findings to the public after an extensive investigation, which was originally opposed and put off by the Australian Government for the last 16 months. So, what did Hayne expose? Evidence of 100s of millions of dollars being taken from Australians through the charging of fees but offering no service, misleading customers and charging dead people, just as a few …
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