6 PREDICTIONS ABOUT FACEBOOK’S NEW CRYPTOCURRENCY
In the latest cryptocurrency news issued by Forbes, Facebook is soon to launch their newest cryptocurrency named Libra, which will be available to all users of their platforms, including Messenger and WhatsApp. Facebook has announced that on June18th 2019, they will reveal plans to announce the finer details of the Stablecoin. Here are six predictions made by Forbes in relation to the cryptocurrency, which is tied to an array of fiat currencies. A Powerful Force For Good, Especially In Developing Countries. Due to developing countries lack of discipline with their central banks and maintaining the value of their fiat currency, …
Japan – The New World Headquarter For Everything Bitcoin
Japan is set to become the world headquarter for everything Bitcoin (BTC) after their Financial Services Agency (FSA) announced this week that they will endorse 11 different cryptocurrency exchanges. This sets Japan on the path to becoming one of the most crypto-friendly countries in Asia. Over the years Japan has been a major leader in Bitcoin and cryptocurrency adoption, accepting Bitcoin as a nationally accepted legal currency in April 2018. Since then, a growing number of companies throughout Japan have been accepting the cryptocurrency. One of the 11-cryptocurrency exchanges that the FSA has endorsed is Bitflyer, which is the largest …
Australian Mansion Will Go Under The Hammer In World-First Live Crypto Property Auction
In a world first, Australia is set to host a live property auction where prospective online buyers and bidders are being asked to pay for their purchase in cryptocurrency, not cash. “It’ll be the first of its kind for a live bidding,” stated listing agent, Nick Witheriff, from LJ Hooker Kingscliff. The property, which is being dubbed the “Jetsons House” due to its futuristic architecture, is a beachfront home located in the northern NSW town of Casuarina. With bidders already registered, both internationally and locally the property will go to auction online on the 8th April 2019, and is expected …
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 …
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 …
Bitcoin Is Better Than Currency
The recent acceptance of Bitcoin as a means of exchange by yet another two large-scale companies has been announced, paving the road to making transactions through crypto currencies a mass, mainstream adoption for companies world wide. The Kolon Group, a South Korean multi-billion dollar, family owned business that deals in auto-parts, fashion, construction, healthcare, chemicals and textiles has entered the block chain and crypto currency way of life. South Korea is one of the worlds most advanced economies and the worlds largest market for Bitcoin, three out of ten salaried workers in South Korea have invested in crypto currencies. So …
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 …
Pay For Your Uber Using Crypto
It has just gotten a lot easier for you to pay for your Uber ride, and it is only just the tip of the iceberg. Uber is the latest trending retailer to open up their doors to this facility, with Nike, Tesco, Ticketmaster, Starbucks, EBay and Google Play already available. The list only begins there, with more and more merchants globally being added on a daily basis. You can expect to see a large expansion of the number of merchants involved as well as countries this will become available to in the next few months. What does this mean for …
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