It’s been a rocky couple of months for Bela, a service that is an attempt to disintermediate Instagram through Belacam, a photo-sharing site where you get paid around $.05 in BELA tokens for each “like” your photo gets. Users can withdraw that money or use it to like other users’
What is HiP? With apologies to Tower of Power, this HiP is an upcoming blockchain platform derived from the belief that wealth currently locked in real estate can be active, even providing solutions for those looking to buy their first home. HiP aims to be the first UK company to make real estate wealth more accessible at scale by turning equity and debt underlying a property into tradable,
The advantages to using cryptocurrency are abundant, but some experts remain concerned over the impact mining will have on global economies. Crypto-mining serves two main purposes: Adding transactions to the blockchain and releasing new forms of cryptocurrency. The process can be taxing on computer generator systems because it requires a certain amount of energy and power.
The Federal Bureau of Investigation has 130 cases tied to cryptocurrencies, according to special agent Kyle Armstrong, who was speaking at a conference.
Armstrong is in charge of the FBI’s virtual-currency initiative, which has existed roughly three years. First reported by Bloomberg, the cases are tied to human trafficking,
Ripio Credit Network (RCN) is Argentina’s largest credit card company, claiming 150,000+ active users. The venture if backed by Tim Draper and Boost venture capital.
RCN enables people all over the world to access credit and to provide loans. With this technology, someone in China can lend money to someone in Mexico,
The Luxembourg House of Financial Technology (LHoFT) has partnered with the University of Luxembourg to collaborate on projects within the field of FinTech for the benefit of Luxembourg’s financial services community.
The LHoFT is a new public-private sector initiative dedicated to advancing Luxembourg’s ambitions in financial technology.
Square Cash, the mobile payments app, can trade bitcoin in New York, according to the state’s Department of Financial Services.
The regulator granted Square a virtual currency license, which will allow the mobile app’s users to trade bitcoin in the state. Users elsewhere have been able to trade it since late January.
Metronome aims to be a real currency to be used as a common medium of exchange. To do that, the project has implemented some features they consider to be an improvement over first generation cryptocurrencies like bitcoin.
MTN tokens will have an infinite supply,
Cryptocurrency may rely on blockchain technology, but it is not unassailable. With the rise of blockchain and decentralized networks, users now have the power to control their own finances, however they also may not realize that they face more personal responsibility in terms of keeping their digital assets safe.
Apple has updated its developer guidelines to ban mining cryptocurrencies. The move continues the company’s reluctance to support the cryptocurrency industry, which may take users away from Apple’s own Apple Pay payments system.
The new rules call for developers to avoid mining apps that drain batteries,