4 Fintech Tools That Can Change The World Of Finance

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4 Fintech Tools That Can Change The World Of Finance
Becky Holton, education expert, professional journalist and blogger, shares her list of top FinTech tools able to not only facilitate financial operations, but to change the financial industry forever.
4 Fintech Tools That Can Change The World Of Finance

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Source: CoinSpeaker

Will eBay Finally Accept Cryptocurrencies Or It’s Just a Clever PR

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Will eBay Finally Accept Cryptocurrencies Or It’s Just a Clever PR
eBay, the US-based e-commerce behemoth, is rumored to make a foray into crypto after its Consensus ads recently leaked online. If eBay does open arms for crypto payments, it could be a boon for adoption.
Will eBay Finally Accept Cryptocurrencies Or It’s Just a Clever PR

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Source: CoinSpeaker

Telegram Gets Set to Emerge with Secure Crypto Revolution

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Telegram Gets Set to Emerge with Secure Crypto Revolution
Dr. Demetrios Zamboglou, Fintech Executive, Blockchain Expert, and ICO Advisor, shares his insights into Telegram potential: be it their own TON Network, or Gram cryptocurrency, explaining why it may be a case for investors of cashing in at the right time.
Telegram Gets Set to Emerge with Secure Crypto Revolution

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Source: CoinSpeaker

10 Traits That Separate Good Bitcoin Wallets from the Bad Ones

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10 Traits That Separate Good Bitcoin Wallets from the Bad Ones
This article takes a look at key points worth keeping in mind if you want to select best Bitcoin wallet out of hundreds of different options available.
10 Traits That Separate Good Bitcoin Wallets from the Bad Ones

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Source: CoinSpeaker

Bitcoin on Wallstreet: BTC Related Companies Trading on the Stock Exchange

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Bitcoin on Wallstreet: BTC Related Companies Trading on the Stock Exchange
In this article, professional stock trader and investor, Baran Giresunluoglu goes over Bitcoin-friendly companies trading on the public U.S. Stock Exchange.
Bitcoin on Wallstreet: BTC Related Companies Trading on the Stock Exchange

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Source: CoinSpeaker

Changpeng Zhao Proposes Cryptocurrency Named SpaceXcoin to Elon Musk

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Changpeng Zhao Proposes Cryptocurrency Named SpaceXcoin to Elon Musk
Crypto community has made numerous attempts to lure SpaceX’s and Tesla creator Elon Musk into the crypto family. The latest try comes from Binance’s CEO offering Musk make his own coin called ‘SpaceXcoin’.
Changpeng Zhao Proposes Cryptocurrency Named SpaceXcoin to Elon Musk

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Source: CoinSpeaker

World’s Biggest Trade Organization ICC Launches Blockchain Initiative for Its 45M Members

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World’s Biggest Trade Organization ICC Launches Blockchain Initiative for Its 45M Members
International Chamber of Commerce (ICC) has decided to integrate blockchain technology in its system. The ICC signed the contract with Perlin Net Group in a conference held in Singapore.
World’s Biggest Trade Organization ICC Launches Blockchain Initiative for Its 45M Members

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Source: CoinSpeaker

PayPal Clampdown on UK Academic Cheating Could Drive Kenyan Writers to Bitcoin

PayPal announced last week that it would no longer process payments associated with academic essay-writing services, intended to give wealthy, lazy students in the UK a way to get qualified without working for it. Although the move might benefit the UK education system, it could cause the loss of jobs for thousands of academics living in the third-world – unless they discover Bitcoin soon.
Reports state that even before the news that PayPal would no longer facilitate payments associated with essay-writing platforms, the company had made it difficult for those living in countries such as Kenya. Of course, Bitcoin does not make you prove who you just because it thinks a payment is “abnormal” for whatever reason.
PayPal’s Censorship Highlights Once Again the Need for Bitcoin
Less than a week after NewsBTC reported on PayPal’s new fee structure potentially alienating merchant users and driving them towards crypto, another example of the company censoring transactions has come to our attention. As announced last week, the global payments giant will no longer work with companies that unite academic writers with students wanting to pay their way through a degree.
The move, according to a report in the Kenyan Tribune, has been influenced by the British Education Secretary, Damian Hinds, lobbying the firm last month. This, according to an extensive exposé by UK newspaper The Daily Mail, was prompted by 46 vice chancellors from various British universities demanding a ban on essay-writing website in the interest of protecting the integrity of UK institutions.
PayPal refuses serve third-world essay-writers providing work for UK students.
Although the move by PayPal might well help reduce the numbers of students obtaining degrees fraudulently, it also creates a powerful incentive for third-world academic writers who depend on such work to explore alternative payment methods – chief amongst these, given that the issue is essentially one of financial censorship, is Bitcoin.
In a lengthy post, a Kenyan academic writer explains just how big the essay writing industry has become in their home nation. Thousands of university graduates, unable to find work elsewhere, rely on high levels of income they can generate through producing texts for lazy, first-world students. The author of the piece details how they are paid more than $1,000 each month for their services, which in Kenya, is higher than the average professional wage.
Even prior to the latest news that PayPal would be withholding services to those believed to be writing essays for students to pass off as their own, the author of the post states that the company would frequently make it difficult for writers to be paid for their work. Examples of this include withholding supposedly large transfers (even as low as $2,000) from professionals until the company had performed various identification checks on individuals. The author believes that such checks were based on an assumption by PayPal that such a sum of money represented a large amount in Kenya and therefore, it must be associated with crime – something, which if true, is hugely discriminatory against those living in third-world nations.
With such relatively large sums of money on the table, it seems likely that any further crackdown by the UK on essay-writing services would just drive those producing dissertations to create their own websites offering services directly for Bitcoin. In fact, the latest move by PayPal might be incentive enough for them to look for less restrictive alternatives already.
 
Related Reading: Is Largely Unbanked Africa Primed for Bitcoin Adoption?
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The post PayPal Clampdown on UK Academic Cheating Could Drive Kenyan Writers to Bitcoin appeared first on NewsBTC.
Source: New feedNewsBTC.com

Max’s Corner: Cryptography of the Present, Past, and Future

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Max’s Corner: Cryptography of the Present, Past, and Future
This edition of Max’s Corner takes a look at some recent developments in cryptography, Mastercard’s quest to find unicorns, and the emerging quantum cryptography arms race.
Max’s Corner: Cryptography of the Present, Past, and Future

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Source: CoinSpeaker

Ripple’s technology is used for transferring billions of dollars around the world, says CEO Brad Garlinghouse

Brad Garlinghouse, the CEO of Ripple, spoke about the payments network around the world on a panel with PayPal’s CEO, Daniel Schulman, at the FinTech Ideas Festival 2019.
Garlinghouse said that the existing payment networks are slow and inefficient and that they need an upgrade since transferring money across border takes days, despite innovations in other areas. He added that blockchain will change all of that as it evolves. Additionally, he stated,
“We have payment networks that are not interoperable… I’m a PayPal customer, I’m a Venmo customer, the lack of interoperability has manifested even within that network.
When Ripple thinks about the future, we’re thinking about how to create interoperable networks in the same way that the birth of the internet of information interoperable networks of information,”
He added that it was possible to access any information on the Internet, but the same was not possible with payments. Garlinghouse added that Ripple was thinking along the same lines as the way Internet perfected interoperability. Further, he added that interoperability will be eventually achieved in payments and that it would happen through blockchain.
Addressing the “not enough use-cases for blockchain” issue, Garlinghouse said that it was not true. He added that the “payments use-case is very real and it is alive and working,” mentioning how Ripple had partnered with over 200 financial institutions around the world and that there are “billions of dollars that we are moving through Ripple’s technology.”
Garlinghouse added,
“At the global scale of cross-border payments, which is measured in trillions it is still early. Even the crazy crypto market, it’s still early. I’m not surprised by the volatility, I think you are seeing some of that wash out with the crypto-winter. I think it is healthy for any market.”
The post Ripple’s technology is used for transferring billions of dollars around the world, says CEO Brad Garlinghouse appeared first on AMBCrypto.
Source: AMB Crypto

DeFi is Growing into the Next Generation of the Crypto Revolution

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DeFi is Growing into the Next Generation of the Crypto Revolution
The movement around decentralized finance (DeFi) is gaining swift traction, and many believe that it’s DeFi that will dominate blockchain space. Let’s find out what it is and why DeFi is such a big deal for the crypto community.
DeFi is Growing into the Next Generation of the Crypto Revolution

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Source: CoinSpeaker

Now US Users Can Spend Their Money Directly on Instagram

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Now US Users Can Spend Their Money Directly on Instagram
Instagram brings a new in-app checkout feature allowing users to shop products without leaving the app. This way Instagram plans to reduce traffic leakage and tap into users’ impulsive buying behavior.
Now US Users Can Spend Their Money Directly on Instagram

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Source: CoinSpeaker

VISA Fintech is Building VISA Crypto Team Recruiting Experts

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VISA Fintech is Building VISA Crypto Team Recruiting Experts
Few months ago, we were witnessing the warnings from analysts that Visa and Paypal will possibly be squeezed out from the market from Bitcoin and other cryptocurrencies. Be as it may for Paypal, but VISA Inc. is building a new “Crypto Team”.
VISA Fintech is Building VISA Crypto Team Recruiting Experts

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Source: CoinSpeaker

Barclays: Facebook Coin Could Bring $19 Billion Additional Revenue, and Here’s Why

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Barclays: Facebook Coin Could Bring $19 Billion Additional Revenue, and Here’s Why
One Wall Street firm sees major upside for Facebook if its secretive cryptocurrency plan works out. Facebook’s reported stablecoin project could be a significant moneymaker for the social media giant.
Barclays: Facebook Coin Could Bring $19 Billion Additional Revenue, and Here’s Why

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Source: CoinSpeaker

Ripple is a Glorified Version of PayPal and XRP is not a Cryptocurrency: Leading Trade Analyst

The long-standing debate of XRP’s securitization continues to haunt the cryptocurrency traders. While Ripple and R3 are growing at an impressive rate establishing partnerships all around the world, the nature of XRP is still unclear as the regulators have primarily focused on Bitcoin for now.
Recently, a silver lining in the cloud was seen after Coinbase’s Addition of XRP. While the CEO of Binance exchange, Changpeng Zhao is almost certain that XRP is not a security, he too confirms that the effect of its securitization would be detrimental.

The court case may take years. But if XRP is ruled as a security, it would seriously hurt a lot of US users, and to a certain extent, other users around the world too. It certainly doesn't look like a security to me, but that's just one person's opinion.
— CZ Binance (@cz_binance) December 12, 2018

Nevertheless, XRP is ranked second according to the total market capitalization. The total number of HODLER’s of XRP is considerably more significant than any other cryptocurrency in the world. Hence, if XRP is defined as security almost $13 billion will be wiped out of the cryptocurrency markets instantly. Moreover, investors who have bought XRP during the bull phase of 2017 or early 2018 would incur even higher losses.
Leading Trade Analyst Breaks the Delusion
Peter Brandt, is a leading chart analyst and financial asset trader. According to the expert, Ripple is nothing but a “glorified version” of PayPay. He added that the zeal towards XRP would turn detrimental as the hopes of the XRP HOLDERs will be shattered.
Brandt has cautioned the traders of manipulation in the price of XRP. Moreover, this does not come as a surprise as nature, circulating supply and fiat volume of XRP has always been a topic of controversy and debate.

The bag holders need to careful in their manipulation of this security (not a crypto). A decline below .2467 and they might be stuck holding a bag full of rotten goods. $XRPUST pic.twitter.com/KWN8gmeaEQ
— Peter Brandt (@PeterLBrandt) March 6, 2019

According to him, the bottom support to XRP is at $0.246 where the cryptocurrency began ascending in 2017 reaching an All-Time High of $3.40. A break below this level would devour investor confidence, and a comeback would be next to impossible. Currently, XRP is trading at $0.315 looking to break towards $0.33 level in the light of the current short term bullish sentiments of the market.
Moreover, XRP is undoubtedly the most popular altcoin with investors all around the world predominantly US, Japan, and Europe. Hence, if the bearish clouds re-appear and the apprehensions of the traders materialize, the cryptocurrency bear markets could sustain for another year.
The post Ripple is a Glorified Version of PayPal and XRP is not a Cryptocurrency: Leading Trade Analyst appeared first on Coingape.
Source: CoinGape