Virtual Shopping Application Lolli Goes Beyond Web to 900 Retail Outlets

July 29, 2019  /  by Crypto.IQ
Bitcoin startup app Lolli has witnessed exceptional growth and managed to expand beyond the web into more than 900 retail outlets. Users can make online purchases On Thursday, the Lolli CEO Alex Adelman, while speaking with Yahoo Finance, indicated that the company is partnering with Safeway, one of the largest grocery chains in the U.S.… Read more

Trump Says Bitcoin (BTC) Not Money, Blasts Facebook’s Libra Cryptocurrency, Claims US dollar Stronger Than Ever — Despite Losing 36% of Its Value Since 1999

July 12, 2019  /  by Zachary Mashiach
US President Donald Trump launched an attack Thursday on Bitcoin (BTC) and cryptocurrency in general in a series of three tweets.  In the first, he derided Bitcoin (BTC). Then he blasted Facebook’s Libra cryptocurrency. Finally, Trump declared that the US dollar (USD) the only real currency, saying it is stronger than ever. I am not… Read more

The Malfeasance of the Mainstream Financial Media

May 24, 2019  /  by Ronald Tichenor
Crypto was born in the aftermath of the last financial crisis and was designed to mitigate the damage of the next one. The technological innovation called blockchain — and cryptocurrency as a specific application of blockchain — is a financial innovation, a unique product of our digital age, and a triumph of capitalism. As such,… Read more

Latin American Investment Bank Launches Real Estate Backed Cryptoasset

February 25, 2019  /  by Steven Lubka
The largest standalone Latin American investment bank is making some big waves in the world of cryptocurrency. Banco BTG Pactual SA is launching its own security token backed by distressed real estate assets in Brazil. The token ReitBZ will be launched on a blockchain platform that has yet to be specified. To invest in the… Read more

In a Bid for Sovereignty, Marshall Islands Creating Physical Cryptocurrency Notes

February 4, 2019  /  by Steven Lubka
In March, the Marshall Islands signed a bill into law stating that a new cryptocurrency, the Sovereign (SOV),  would be the official currency of the islands. The small island is seeking to gain sovereignty from the US dollar and all the challenges that come with using it, although the US dollar will still be accepted… Read more

Fidelity is Slated to Launch its Bitcoin Custody Service in March

January 31, 2019  /  by Steven Lubka
According to three people familiar with the project, Fidelity is aiming to launch its Bitcoin custody service in March. Having an established firm like Fidelity offer custody services is a step towards quelling the concerns and addressing the needs for more traditional players to enter the cryptocurrency world. It can also provide a useful service… Read more

Swift Integrating Blockchain Technology Via Partnership With R3’s Corda, Sparks 11 Percent Ripple (XRP) Rally

January 31, 2019  /  by Zachary Mashiach
The Society for Worldwide Interbank Financial Telecommunication (SWIFT) network has announced a partnership with the blockchain firm R3. Specifically, SWIFT global payments innovation (gpi) which is used by hundreds of banks and settles $300 billion of cross-border payments daily, will be linked with R3’s Corda platform during a proof of concept trial. This will be… Read more

Iran Ready to Launch National Cryptocurrency; Central Bank Proposes Slashing Four Zeroes from Iranian Rial (IRR)

January 28, 2019  /  by Zachary Mashiach
According to Al-Jazeera, Iran will be launching its national cryptocurrency before the end of January at the Electronic Banking and Payments Conference in Tehran. This cryptocurrency will be a stablecoin pegged to the Iranian Rial (IRR) and will be completely controlled by the Central Bank of Iran. This Iranian national cryptocurrency will first be used… Read more

Samsung Adds Crypto Wallet to Galaxy S10: Will Apple be Next?

January 28, 2019  /  by Angel Reyes
Already known to be favorable toward blockchain products, Korean tech giant Samsung is rumored to be including a wallet and storage feature on the new Galaxy S10 smartphone. A recent leak of photos of the new device shows an application called KeyStore — assumed to refer to private key storage. Evidently, the app will allow… Read more

Venezuela on Brink of Civil War as Annual Inflation Nears One Million Percent on Cafe Con Leche Index; Crypto Blocked, Localbitcoins (BTC) Shut Down

January 24, 2019  /  by Zachary Mashiach
Localbitcoins Shutdown When Venezuelans Need Bitcoin The Most Volume on Localbitcoins in Venezuela hit a maximum of 5.3 billion Venezuelan Sovereign Bolivars (VES) traded per week in late December after exponentially increasing throughout 2018. This was due to a hyperinflation crisis in Venezuela, which has seen the price of a cup of coffee in Caracas… Read more