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By CCN: Ripple (XRP) and most other cryptocurrencies should be looking over their shoulders now that Facebook has announced it is launching GlobalCoin (or Libra), according to Bitcoin expert Max Keiser. In Keiser’s opinion, GlobalCoin will render altcoins irrelevant, and this includes Ripple. The Bitcoin bull also sees the Facebook coin obliterating payments and remittance […]
FedEx announced today that it won't renew its FedEx Express US contract with Amazon. Instead it will "focus on serving the broader e-commerce market." While Amazon relies on other carriers, usually UPS and the United States Postal Service, FedEx is a… Source: engadget
By CCN: The man who claims to be Bitcoin’s inventor wants to rewrite history by erasing the cryptocurrency’s cypherpunk past. Writing in yet another blistering blog post, Craig Wright claimed he left the cypherpunk movement in the 1990s after growing tired of the antics of Julian Assange. Craig Wright: I Couldn’t Stand Julian Assange Wikipedia […]
By CCN: The Dow and broader U.S. stock market extended their relief rally to a fourth day on Thursday after dismal jobs data bolstered expectations that the Federal Reserve will slash interest rates this summer. Dow Extends Rally; S&P 500, Nasdaq Follow All of Wall Street’s major indexes continued higher on Friday, mirroring a strong […]
By CCN: U.S.-based cryptocurrency exchange Poloniex has revealed that its lenders lost $13.5 million in a sudden CLAM price crash. To cover its losses, the exchange slashed the principal of active BTC loans by approximately 16%. Now outraged Poloniex users are calling the move a “theft” and considering launching a lawsuit against the exchange. An […]