There is some risk in crypto. That comes in terms of financial risk as well as security risks. Cryptocurrencies are very secure for individuals to use but advanced hackers can sometimes breech exchanges. Further, software problems at the exchanges can cause problems for some users. These events are rare and they aren’t unique to cryptocurrencies but they are scary for some.
Do you shop online? Are you interested in crypto? What if, online retailers gave you Bitcoin when you shopped online? It turns out that there’s at least one that does, and it’s called Lolli.
A recent internal transfer within Samsung Electronics seems to indicate that the company wants to integrate its crypto wallet into Samsung Pay.
Unstoppable Domains is a blockchain company that aims to offer internet domains that can’t be censored. Their mission is now one step closer to reality with the successful completion of Series A investment round. The investors, led by Tim Draper’s Draper Associates, will inject US$4 million into Unstoppable Domains.
One of the barriers to large-scale cryptocurrency adoption is that crypto can be fairly difficult to spend on everyday items. This is also annoying to those people who have cryptocurrency because they want to spend it rather than treat it like an investment.
Andrew Haldane, Bank of England’s (BoE) chief economist, shared a surprising personal opinion after giving a talk at one UK college. While answering various questions from the audience, he said that Bitcoin could replace cash. This was first shared in a Reddit thread started by a student who attended Haldane’s talk.
One of the biggest obstacles to cryptocurrency adoption is the fact that not too many retailers currently accept it. Crypto enthusiasts dream of a world where crypto is used more as a currency and less as an investment. Unfortunately, there are barriers for businesses that would otherwise adopt crypto. These include a steep learning curve and hardware expenses.
The “world’s largest” crypto mining service for business-to-business companies will be available in the near future. This ambitious project is the scope of a recent strategic partnership between Argo Blockchain and HIVE Blockchain. The two companies have entered into conditional heads of terms. Thus, no money will be exchanged in the transaction. Instead, the companies will swap shares between each other.
Germany is one of the leading economies in the European Union. Now, it wants to become the hotspot for blockchain companies and token trading. According to a local newspaper Handelsblatt, the ruling coalition government of the country plans to adopt clear regulations for tokens. This will happen as early as this summer.
Stocks tumbled earlier this week as the US-China trade war escalated again. Meanwhile, Bitcoin continued the climb that started earlier this spring. CNBC initially made the connection and suggested causality.