Search results for "bitcoin"

Dogecoin has its day; cryptocurrency is latest 'meme' craze

After fans of the cryptocurrency touted April 20, long an unofficial holiday for marijuana devotees, as “Doge Day,” Dogecoin failed to come close to the $1 target that supporters hoped to reach and was falling in late afternoon trading. The goal may have sounded like a low hurdle, particularly when compared against the $50,000 or […]

'Britcoin' digital currency being considered by UK

British authorities are exploring the possibility of creating a new digital currency that Treasury chief Rishi Sunak touted as “Britcoin.” The Bank of England and the Treasury said Monday that they will work together to assess the benefits of a central bank digital currency, at a time when cash payments are generally on the decline, […]

Coinbase soars in market debut, valued near $86 billion

Coinbase made a rousing debut on Wall Street, with shares of the digital currency exchange rising as high as $429, briefly giving it a market value over $100 billion. Coinbase Global Inc.‘s initial public offering happened with cryptocurrency chatter seemingly everywhere, even at the U.S. Federal Reserve. Digital currencies are being incorporated into business plans […]

Lawmakers press Big Tech CEOs on speech responsibility

The CEOs of tech giants Facebook, Twitter and Google faced a grilling in Congress Thursday as lawmakers tried to draw them into acknowledging their companies’ roles in fueling the January insurrection at the U.S. Capitol and rising COVID-19 vaccine misinformation. In a hearing by the House Energy and Commerce Committee, lawmakers pounded Facebook CEO Mark […]

Twitter CEO Jack Dorsey sells NFT of first tweet for $2.9M

Twitter CEO Jack Dorsey has sold a digital version of his first tweet for more than $2.9 million more than two weeks after he announced a digital auction for the post. The tweet from March 2006, which says “just setting up my twttr,” was bought by Bridge Oracle CEO Sina Estavi, according to Valuables by […]

Digital exchange Coinbase takes a step toward going public

Coinbase has filed papers with U.S. regulators to become a publicly traded company as digital currencies continue to march toward mainstream acceptance. The digital currency exchange is seeking a direct listing, which would allow company insiders and early investors to convert their stakes in Coinbase into publicly traded stock. In a Thursday filing with the […]

Hello Pal platform hits monthly revenue records

Hello Pal International, Inc., announced on Tuesday growing revenues tipping the company as a viable new player in the international live stream, message, travel, and language app space.  The Hello Pal platform is a proprietary suite of mobile applications built on a user-friendly messaging interface that focus on social interaction, language learning and travel. The […]

UK Hospitals Explore Blockchain Tech Remedies

With tech putting its best foot forward when it comes to battling the pandemic, the fight for widespread vaccination is another battlefront that has also commenced and is in it’s prime right now. For the battle of widespread immunizations, U.K. National Health Services (NHS) have taped blockchain tech as part of their arsenal against COVID-19. […]

Are CBDCs the future of monetary systems?

The world is becoming more and more digital as time passes, with finance services championing this transformation, especially with the increasing demand of contactless digital payments swooping in, as the global Covid-19 pandemic magnifies our need for them. Many central banks around the world are looking to create their own digital currencies (CBDC) to spearhead […]