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Mastercard “Very Happy” to Use Cryptocurrencies, Just Not Real Ones

When you are an entrenched player deep within a certain system, especially one as complex and inflexible as the banking industry, it can be hard to implement changes, even when there is a critical need to adapt to emerging technologies. If a company wants to appear as if it is keeping up with the times, it can simply announce that it is piloting the new technology. Such appears to be the case with Mastercard and cryptocurrency transactions right now. Also Read: US State Exempts Cryptocurrencies From Property Taxes Master Govcoin Card Credit cards giant Mastercard (NYSE: MA) is said to be keeping its options open on adopting the use of …

Coinbase Reveals Partnership With Barclays Bank

Coinbase has revealed that it has obtained a bank account with major U.K-based multinational financial services company, Barclays. The partnership comprises the first agreement reached between a leading U.K bank and a cryptocurrency exchange. Also Read: Secretive High-Tech Wall Street Trading Firm is Now Trading Bitcoin Coinbase Opens Account With Barclays The opening of an account with Barclays has been hailed as a major accomplishment by Coinbase, who have described the deal as comprising the first partnership between a major U.K bank and a cryptocurrency exchange. The U.K chief executive officer of Coinbase, Zeeshan Feroz, stated that “Having domestic GBP payments with Barclays reduces the cost, improves the customer experience…and makes …

The Current Crypto-Bear Run Will be Nothing Like 2014

Since the beginning of the new year, the past three months has seen most cryptocurrencies lose over 60 percent of their values. Bearish markets have started to spark 2014 memories when BTC/USD markets and many altcoins suffered from a year-long downturn. Surely there have been few similarities to the current 2018 bear run and the one that took place four years ago. However there are some deep ecosystem contrasts within the crypto-space that leads one to believe this bearish sentiment won’t last as long — 2018 is not even comparable to the time BTC was called the “worst currency of the year.” Also read: Markets Update: Bears Pull Crypto-Prices Near Last …

Venezuela Recruiting Citizens to Mine Cryptocurrencies

Venezuela is calling for its citizens to build cryptocurrency mining farms throughout the country. The government has set up a crypto mining program which president Nicolas Maduro hopes will attract at least 1 million people such as university students, the unemployed, single mothers and the homeless. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Maduro Seeks Crypto Miners The president of Venezuela, Nicolas Maduro, has launched a program to encourage citizens to set up mining farms throughout the country. Speaking in Caracas, he said young people should be “infected with courage” and set up “cryptocurrency farms throughout Venezuela,” Telesur reported this week. Maduro speaking at Chamba Juvenil. …

Guns N’ Roses Drummer Uses Crypto to Change Music Industry

Rock and Roll Hall of Fame drummer Matt Sorum, formerly of Guns N’ Roses and Velvet Revolver, is lending his name and experience to a new crypto funding project, Artbit, in an effort to eliminate the age-old middle-person between artists and consumers. Also read: Since Embracing Bitcoin, Robinhood App Value Jumps to $5.6 Billion Former Guns N’ Roses Drummer Matt Sorum Wants Artists to Get Paid What They’re Due Rock and Roll Hall of Fame drummer Matt Sorum explains, “My interest is in cutting the middleman. That’s been something on artists’ minds for years. There’s all these people you got to pay along the way. With blockchain, imagine if you bought …












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