News

Binance Backs Maltese Banking Services Provider Founders Bank

Friday, July 13, 2018

Binance, one of the world’s largest cryptocurrency exchanges, has invested in Malta-based Founders Bank, a company that intends to offer banking services tailored for the needs of tech and cryptocurrency businesses, the company announced on Thursday. Founders Bank has applied for a banking license in Malta and is currently awaiting regulatory approval. It said that […] The post Binance Backs Maltese Banking Services Provider Founders Bank appeared first on Coinjournal….

Abra CEO is the Latest Crypto Expert to Make A Bitcoin Prediction, This Time At $50,000

Friday, July 13, 2018

The CEO of the Abra cryptocurrency services app recently stated that the market could see Bitcoin test $50,000 over the “long-term.” Abra CEO: “Long-Term I See Bitcoin At Over $50,000” Inverse, an American technology news source, recently reported that the Bill Barhydt, the CEO of Abra, is yet another expert to make a Bitcoin price prediction, this time at $50,000. However, in stark contrast to other price predictions, Barhydt didn’t…

Texas Regulator Issues Cease and Desist Order to a Network of Crypto Companies

Friday, July 13, 2018

The Texas State Securities Board has taken an emergency action to stop a network of crypto-related companies from illegally offering investments in the state. A token offering and a mining firm are among those targeted by the securities board as selling fraudulent “cryptocurrency-related investments.” Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Emergency Action Taken The Texas State Securities Board announced Thursday that an emergency action has been taken…

Toyota, Ford, and General Motors (GM) All Exploring Blockchain Technology

Thursday, July 12, 2018

Automobile blockchain: Various companies around the world began jumping on the blockchain bonanza last year when cryptocurrency spread like a wildfire in the media and grew in popularity. Everyone tried to see how this new technology could benefit their current systems or even ride the blockchain ‘buzzword’ for a while. Long Island Iced Tea Inc, an iced tea company and tea distributor, jumped on board and changed their name to Long Blockchain…

Abra Announces New Credit Card Payment Options for Bitcoin Purchases

Thursday, July 12, 2018

Bitcoin payment startup Abra has announced the addition of Visa and Mastercard payment options for buying bitcoin on its platform. The new payment option is in partnership with fintech company Simplex, per the company’s blog post. Up until today, users who wanted to purchase cryptocurrencies were limited to a few options that included bank deposits and wire transfers. In addition to these, the company also offers a means of buying…

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