Business

The Block.one company behind the EOS project paid $ 30 million to buy a domain from MicroStrategy for the new social network Voice. This is stated in the document on the website of the Commission on US Exchanges and Securities (SEC). In particular, it is known that the voice.com domain, entered in the GoDaddy registry, was transferred to Block.one on May 30, 2019. “Ultra-premium domain name […]

British inter-dealer broker TP ICAP will begin to act as an intermediary in transactions with cryptocurrency derivatives, reports Bloomberg. The company will provide customers with the opportunity to buy and sell bitcoin futures through the Chicago Mercantile Exchange (CME). TP ICAP will also add support for settlement forwards based on the first cryptocurrency, soon making them available to residents of the United States and Asian countries. Besides, […]

According to a survey conducted by Statista, every fifth resident of Turkey used or currently owns cryptocurrency. Note that Turkey has significant currency restrictions, galloping inflation and, as a result, a high interest rate, which increases the cost of borrowed funds and depresses business activity. Among other negative macroeconomic factors can be noted a significant level of unemployment, falling GDP and a negative trade balance, […]

One of the largest insurance companies in the African continent, Old Mutual, which is part of the eponymous financial holding, refused to insure the equipment for the extraction of cryptocurrency because of the high risks and speculative nature of the industry, ItWeb reports. The company conducted its own research, as well as appreciated customer reviews that have lost money on mining. This was the rationale for the decision to terminate the insurance of any business, […]

Payment giant Visa Inc has launched a corporate payment network B2B Connect based on the blockchain, reports Reuters. The network was created to improve the efficiency of cross-border payments between financial institutions. In particular, B2B Connect implies fast and inexpensive payments without the involvement of intermediaries. Currently B2B Connect serves 30 payment corridors, the number of which Visa plans to increase to […]

Cryptocurrency startup Ripple expands its geography – the company intends to develop business in Latin America and has already opened an office in Brazil. Reported by the Cointelegraph. It is worth noting that Ripple has not yet officially announced the opening of a new division. It is expected that this will happen at CIAB Febraban – an event for financial and banking, which will be held from 11 to 13 June. […]

The developers of the blockchain project Zilliqa announced the launch of smart contracts based on the Scilla language in their core network. In 2017, we envisioned a high performance platform. Guess what? Today, we've delivered on this. We are thrilled to declare smart contracts officially launched !!! […]