MASTERCARD IS STARTING A CRYPTOCURRENCY TEAM
MasterCard has sparked interest in the cryptocurrency arena and is seeking professionals to start a cryptocurrency team. “Do you have the desire to work at the cutting edge intersection of payments and Cryptocurrencies,” MasterCard asks. MasterCard has stated that those hired will, “Monitor crypto currency ecosystem trends and develop new products and solutions.” CEO of LowCards.com, Bill Hardekopf, says MasterCard, “Sees there’s a lot of activity in this area. Even if it isn’t going to offer its own cryptocurrency, they know its important to have people who understand the subject.” MasterCard is not the only one who is getting on …
BIG BACKERS ARE BEHIND FACEBOOK’S CRYPTOCURRENCY, LIBRA
We are all aware of the hype around the upcoming launch next year, 2020, of Facebook’s new cryptocurrency, Libra, but what does it actually mean for the cryptocurrency arena, and will it be successful? In the latest news from over the weekend, it has been confirmed that Visa, MasterCard, PayPal and Uber are among only some of the major firms that will invest in the cryptocurrency. It has been announced that the financial, e-commerce, venture capitalists and telecommunications firms will invest around $10 million each. The money invested by the companies will be used to fund the creation of the …
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