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Japanese E-Commerce Giant Rakuten will Launch its own cryptocurrency

Japan’s largest e-commerce company Rakuten will launch its own cryptocurrency called Rakuten Coin based on Blockchain technology and the existing Rakuten Super Points loyalty program. The announcement was made by Rakuten CEO and founder Hiroshi Mikitani during his speech at Mobile World Congress in Barcelona. Mikitani described the newly announced asset as ‎a “borderless currency,” […]

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Bitwala Launching Crypto-Friendly Banking Service with Debit Card

Bitwala has announced that it is launching a new banking service with real debit cards. Its application with the Federal Financial Supervisory Authority of Germany (Bafin) is pending. Once approved, customers’ funds will be guaranteed up to €100,000. The move follows the suspension of the company’s prepaid Visa cards. Blockchain-based payment service provider Bitwala announced on […]

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Will Global Ad Regulators Reject ICOs?

While crypto startups and ICO issuers worry about social media platforms cutting their ads, they could be missing an even more intimidating threat – regulators. Crypto entrepreneurs reeled late last month after Facebook announced it would be banning“misleading or deceptive” ads about financial products and services, including bitcoin and ICOs. These stakeholders saw a crucial […]

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Time to Decentralize Jesus

Question: How do you recognize a bubble that’s ready to burst? The answer is twofold: When people start going crazy over a certain asset—even the ones who couldn’t have cared less a year earlier. When people start doing insane things with that particular asset. For example, in 2006, I read that some homeowners were taking out home […]

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Tesla to fall victim to cryptojacking

Tesla is the latest corporation to fall victim to ‘cryptojacking’, according to newly released research from cyber security firm RedLock. The researchers’ CSI team found that hackers had infiltrated Tesla’s Kubernetes console (a system for containerized apps that was originally designed by Google) which was not password protected. Within one pod, access credentials were exposed to Tesla’s […]