Wednesday, January 23, 2019
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“Peaceful revolution” begins with Bitcoin: says Jimmy Song

jimmy
A recent interview with RT’s business host, Max Keiser, quoted the Bitcoin developer, Jimmy Song, remarking that the most popular cryptocurrency, Bitcoin, can actually be a powerful tool to bring about a peaceful revolution. Song said that Bitcoin’s biggest contribution is “decentralization of monetary power”. In contrast, with centralized currencies, the power lies with the government and big businesses. Bitcoin...

Critical State for Blockchain Organizations: McKinsey & Co.

McKinsey & Co, the massive consulting firm has published a detailed report that can cause troubles to the Cryptocurrency or the Blockchain organizations. The firm’s detailed report has words claiming that the cryptocurrency has the best and the highest potential to grow and develop the nations all across the planet, but has still not proven itself in the currency...

No Approval of Bitcoin ETF in Japan – FSA

bitcoin
As per Financial Services Agency’s (FSA) spokesperson, Japan is yet to approve the Bitcoin ETF or Bitcoin Exchange traded funds. He said that neither they are considering it at the moment nor they are anyway approving it at present. Several crypto sources reported last week about Japan’s probability of approving the Bitcoin ETF. It was anticipated that the ETFs will...

Tough times for Elon Musk – SpaceX to lay off 10% of the workforce

SpaceX
Elon Musk, the Tesla billionaire about to lay off 600 employees from the workforce of 6000 at SpaceX. It is reported that the layoff is happening to cut down the cost of the company. Gwynne Shotwell, the President of the company, mailed that the company must have little less amount of workforce on this Friday. As per Shotwell, the company...

Market Eyes on Nvidia as it shifts towards AI and Robotics for the future

robo
Nvidia which was focusing on the making of processor chip for the crypto mining recently shifted its focus towards Artificial Intelligence and Robotics. In Seattle, the company has opened a lab for research which has 30 academicians and 20 roboticists from Nvidia itself. This lab is already started working on various projects which include ‘Cobots.’ Dieter Fox who is a professor...

Malaysia is still a middle ground for Cryptocurrency: Reports

Malaysia
The matter is still undecided for the Malaysian government even after it has given the judgment for the cryptocurrency legalization. The government is still in the neutral space for whether to legalize the cryptocurrency or not. Khalid Abdul Samad, the Federal Territory Minister has reportedly said that the present situation for the legalization of the new currency is yet...

Spain’s Financial Regulators Blacklisted Cryptocurrency Broker, FX Trading Corporation

Spain’s financial regulators caught a broker who was seen dealing with different assets trading without having the permission to do so, and hence, he...