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Banks May Cut Ties With Facebook if Libra Is Launched: ING CEO

Banks may be bound to stop working with social media giant Facebook if the firm launches its Libra stablecoin, according to ING CEO Ralph Hamers. Banks may be bound to stop working with social media giant Facebook if the firm launches its Libra stablecoin, according to ING CEO Ralph Hamers. Bank can choose to “not…
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Kik Messenger Saved From the Verge of Shutdown

Kik almost went to the verge of shutting down because of its lawsuit with the SEC. A buyout from MediaLab saved it. On Oct. 13, Canadian social media and messaging app Kik revealed it’s “here to stay.” This was an apparent reversal from what the company’s CEO, Ted Livingston, said in a blog post —…
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Bitcoin Price Turns Boring Again as Traders Consider Chances of $8.5K

Limited movement on markets sees BTC keep support above $8K but resistance higher up remains conspicuous. Bitcoin price (BTC) continued its rangebound trading on Oct. 22 after failing to crack resistance at $8,300. Cryptocurrency market daily overview. Source: Coin360 Bitcoin shows little sign of major shift Data from Coin360 showed broadly sideways activity for BTC/USD…
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Bitcoin Price, Altcoins Could Attempt Fresh Increase

Recently, bitcoin price managed to recover above the USD 8,000 and USD 8,100 levels. BTC/USD even climbed above the USD 8,200 resistance area, but it seems like the bulls are struggling to gain momentum above the USD 8,250 and USD 8,300 levels. Similarly, ethereum, EOS, bitcoin cash, litecoin, binance coin, ADA and XLM are facing…
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New Crypto Seed Storage Solution Offered: Cryptosteel Capsule

Source: a video screenshot, Youtube, Cryptosteel The Cryptoverse is young and, as such, comes with numerous issues, but also produces possible solutions for those issues each day. One of the latest long-term seed word and other valuable data storage options offered to crypto users is a solid metal capsule for autonomous offline storage of data…
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Adam Back: Creating Altcoins More Attractive Than Building on Bitcoin

Bitcoin technology pioneer Adam Back explained that there’s a greater financial incentive to creating altcoins compared to building on Bitcoin. Bitcoin (BTC) technology pioneer Adam Back explained at the Transylvania Crypto Conference that there’s a greater financial incentive to creating altcoins compared to building on Bitcoin. Forbes reported Back’s remarks on Oct. 21, noting that…
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Kakao Welcomes Binance to Klaytn Council in ‘Scene-shaking’ Move

Source: Instagram, Binance Major cryptocurrency exchange Binance has joined South Korean chat app giant Kakao’s Klaytn blockchain project as the newest member of its governance council. Per a press release, Binance has become the council’s 25th partner, and will also take part in consensus node operation. Blockchain business consultant Lee Jong-cheol told Cryptonews.com, “This is…
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Blockchain and DNA-Based Fuel Tracking Solution Launches Commercially

A blockchain and DNA-based fuel tracking solution for fuel oil has launched after a pilot in the Netherlands. Bunkertrace, a blockchain and DNA-based fuel tracking solution, is using DNA markers to trace bunker fuel oil throughout the supply chain. On Oct. 21, in an article by the American Journal of Transportation, Bunkertrace announced its commercial…
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Victim of $24 Million SIM Swap Case Writes Open Letter to FCC Chairman

SIM swapping victim Michael Terpin wrote an open letter to FCC Chairman Ajit Pai to take action against this type of fraud. SIM swapping victim Michael Terpin wrote an open letter to the United States Federal Communication Commission (FCC) Chairman Ajit Pai. In his letter, posted by Coindesk on Oct. 21, Terpin requested that the…
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China’s Cyberspace Watchdog Approves 309 More Blockchain Services

The Cyberspace Administration of China adds 309 more companies to its list of registered blockchain service providers. The Cyberspace Administration of China, the country’s central Internet regulator, censor, oversight and control agency, has published its second list of registered blockchain service providers. The new batch comprises 309 companies that are representatives of various industries, including…
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