There Are Many Requests from Interested Members, said Libra Association Director

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There Are Many Requests from Interested Members, said Libra Association Director
The Libra Association director granted an interview with a French news firm where he gave a bit more insight into the progress made so far including that the Libra will launch by the second half of 2020 with many members as well.
There Are Many Requests from Interested Members, said Libra Association Director

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Source: CoinSpeaker

PrimeXBT Research: Where to Invest Safely in 2019

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PrimeXBT Research: Where to Invest Safely in 2019
Learn more about why Bitcoin, which is now viewed as a safe haven asset by many, is the safest investment of 2019 and beyond.
PrimeXBT Research: Where to Invest Safely in 2019

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Source: CoinSpeaker

Four Benefits of Accepting Donations in Cryptocurrency

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Four Benefits of Accepting Donations in Cryptocurrency
Cryptocurrencies are able to revolutionize a great range of various spheres and sectors. And charity is not an exception.
Four Benefits of Accepting Donations in Cryptocurrency

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Source: CoinSpeaker

Not Only in Trading, Stablecoins Transactions Surpass Venmo – Is PayPal Next?

Reportedly, on-chain stablecoin transactions have surpassed the number of transactions on Venmo. Venmo is a mobile service owned by PayPal. In Q2 of 2019, the number of on-chain stablecoin transactions on Ethereum alone surpassed Venmo’s to transfer more than $37 Billion.
Total Transaction Volume Venmo Vs. ETH Stablecoins (TradeBlock and Etherscan)
Moreover, the increase was primarily witnessed during Q2 of 2019. Tether was put under a lot of surveillance in the past couple of months by the New York Attorney General. Nevertheless, USD-Tether transactions on the Ethereum blockchain accounted for the majority of the transactions out of the $37 Billion.
Tether was initially built on OMNI, but later the migration to Ethereum and Tron has happened significantly since the starting of this year. Furthermore, other stablecoins like DAI, TUSD, USDC, and Paxos, which follow the ERC-20 standard, also contributed to the volume.
ERC-20 Stablecoin Transaction Volume
The study accounted only for the On-chain transactions, while excluded the trading on Exchanges. Hence, by eliminating the speculative aspect of cryptocurrencies, the data reflected the authentic use of these as a medium of Exchange.
Stablecoins have received a lot of attention since the beginning of this year beginning with JP Morgan’s announcement of the JPM Coin. More recently, Walmart also filed a patent for a Walmart Coin, which will be a stablecoin as well. Facebook has also marketed its cryptocurrency, Libra, as stablecoin backed by a basket of currencies. Therefore, with retail and social media giants turning towards stablecoins is a tremendous boost for it.
Nevertheless, Venmo is a mobile payment application that is restricted in the US only. Moreover, PayPal, which is a global platform of money transfer, recorded quarterly transfers of $172 billion. The stablecoins will look to achieve this volume soon.
Do you think that stablecoins will surpass the trading volume of PayPal and Western Union in global money transfer? Please share your views with us. 
The post Not Only in Trading, Stablecoins Transactions Surpass Venmo – Is PayPal Next? appeared first on Coingape.
Source: CoinGape

Tech Stocks Tank as the US Department of Justice Calls for New Antitrust Probe

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Tech Stocks Tank as the US Department of Justice Calls for New Antitrust Probe
The DOJ says that the antitrust probe aims to monitor any unlawful activities carried out by the tech giants who especially happen to have a huge dominance on internet-based services.
Tech Stocks Tank as the US Department of Justice Calls for New Antitrust Probe

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Source: CoinSpeaker

PayPal’s new mobile payments app may take the fight to Ripple

Many big-league players have started sorting through improved alternatives for fiat and cryptocurrency transactions. Recently, PayPal followed suit by launching its own mobile payments app, Xoom, in an apparent attempt to compete with Ripple. PayPal catapulted its e-funds transfer service to compete with Ripple, its blockchain-based rival, in the crypto-transactions segment. With Xoom, PayPal aims to […]
The post PayPal’s new mobile payments app may take the fight to Ripple appeared first on AMBCrypto.
Source: AMB Crypto

Bakkt Brings on ex. Google Consultant as it Builds Its Mobile App Bakkt Pay

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Bakkt Brings on ex. Google Consultant as it Builds Its Mobile App Bakkt Pay
Bakkt hired a former Google consultant to help broaden its brand and assist with the roll-out of a new app. Bakkt Pay could be released in the next couple of months and will presumably enable instantly converting from cryptocurrencies to fiat.
Bakkt Brings on ex. Google Consultant as it Builds Its Mobile App Bakkt Pay

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Source: CoinSpeaker

Two Blockchain Startups Join Hands for Amazon Purchases with Ethereum

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Two Blockchain Startups Join Hands for Amazon Purchases with Ethereum
Two blockchain startups partnered up to enable Amazon consumers use Ethereum for payments. For this to come true, CLIC Technology is collaborating with Opporty for an app-like browser extension.
Two Blockchain Startups Join Hands for Amazon Purchases with Ethereum

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Source: CoinSpeaker

Facebook Cryptocurrency: Visa, Mastercard, PayPal, Uber Among Top Members of Consortium, Report

Reportedly, Facebook Inc. has signed up more than a dozen companies including Visa Inc., MastercardInc. PayPal Holdings Inc. and Uber Inc. These technology companies form a consortium which will find a similarity to XRP or Stellar Lumens validators through the Stellar Foundation. 
Facebook will reveal the model/whitepaper of its cryptocurrency, Libra on 18th June. The Whitepaper is the basic design of any blockchain based token that outlines the protocol, governance model, total supply, inflation characteristics, and the utility.
The essential criteria of any cryptocurrency warrant decentralized control and borderless transactions. While Facebook cryptocurrency is expected to be banned for the nations that the US has put sanctions on, nevertheless, mainly the cryptocurrency will be made available to about $2.3 billion users worldwide. 
Also Read: Facebook’s ‘Globalcoin’ Will Credentialize Bitcoin as a Store of Value: Mike Novogratz
The cryptocurrency will be a stablecoin backed by a basket of FIAT currencies. Hence, there wouldn’t be much speculation around price. Nevertheless, Facebook’s cryptocurrency will have a significant effect on the existing cryptocurrency markets for the good or the worse.
Firstly, it would clear the securitization doubts around many cryptocurrencies, primarily XRP and EOS. Second, it would directly challenge the existing banking system of the world. The borderless payments scheme with storage of stable value has the potential to make Libra a dominant currency. Furthermore, it would also drastically shift the percentage dominance of the top cryptocurrencies.
Read Everything We Know About Facebook’s Cryptocurrency, Libra/GlobalCoin here. 
Do you think that the MCap of Facebook’s stablecoin will surpass Bitcoin’s $150 Billion at the moment? Please share your views with us. 
The post Facebook Cryptocurrency: Visa, Mastercard, PayPal, Uber Among Top Members of Consortium, Report appeared first on Coingape.
Source: CoinGape

Radix Manages to Replay 10 Years of Bitcoin Transaction History in Less Than 15 Minutes

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Radix Manages to Replay 10 Years of Bitcoin Transaction History in Less Than 15 Minutes
Radix has managed to achieve a speed of over 1 million transactions per second while replaying Bitcoin transactions history.
Radix Manages to Replay 10 Years of Bitcoin Transaction History in Less Than 15 Minutes

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Source: CoinSpeaker

New PayPal Commerce Platform is Ready to Drive Digital Commerce into the Next Era

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New PayPal Commerce Platform is Ready to Drive Digital Commerce into the Next Era
The new PayPal Commerce Platform will allow businesses from all over the globe to connect with more than 277 million active PayPal users and to directly accept more than 100 currencies.
New PayPal Commerce Platform is Ready to Drive Digital Commerce into the Next Era

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Source: CoinSpeaker

CRED: The DeFi App That is Disrupting Lending

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CRED: The DeFi App That is Disrupting Lending
Cred, a decentralized lending ecosystem that facilitates access to credit using cryptos as collateral, is set to disrupt the traditional lending market.
CRED: The DeFi App That is Disrupting Lending

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Source: CoinSpeaker

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