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Posts Tagged ‘Debitcard’

Did American Express Get Caught Spreading ‘Anti-Crypto Propaganda’?

US multinational financial services corporation American Express (AMEX) has appeared to join the traditional finance entities publicly criticizing cryptocurrency. Energy Usage: Fact Or FUD? As social media users noted October 15, the company recently “promoted” a post by Bloomberg’s TicToc Twitter-based news portal which claimed the cryptocurrency industry “is using more energy than all the…

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“99 Percent of Cryptocurrencies are Worth Zero”

The interview has been edited and condensed. Nouriel Roubini is a New York-based economist that famously predicted the 2008 financial crisis when only a few considered there might be a threat to the existing course of events at the time. A Harvard alumnus and now a professor at NYU Stern School of Business, Mr. Roubini…

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Notes from the Senate Floor

Normally, there is very limited room for drawing legitimate comparisons between a Senate hearing and an Mixed Martial Arts (MMA) fight. Yet the hearing entitled “Exploring the Cryptocurrency and Blockchain Ecosystem,” which took place on October 11, 2018 on the US Senate’s Committee on Banking, Housing & Urban Affairs’ floor, definitely bore quite a few similarities…

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Mastercard Patent Hints at Plan for Multi-Currency Blockchains

Mastercard has won a patent for a proposed system that would allow for the launch of different kinds of blockchains – including those that support multiple currencies. Published Tuesday by the U.S. Patent and Trademark Office, the patent explains that a group or company may need to store different types of transaction information on a…

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Hope If You Bought Contract with Credit Card

I have an x11 contract that is one month old. Our friends at genesis have suspended the daily accrual and the accrued balance has been zeroed out. Fuck you genesis! I just got off the phone with Visa. I had purchased the contract for $340 using a Visa. Visa is refunding the money for the…

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Coinbase Rolls Out System to Free Up Stuck Bitcoin Payments

With transaction fees “volatile and unpredictable,” sending cryptocurrencies can sometimes be frustrating. So says U.S.-based crypto exchange Coinbase in a new blog post that sets out the issues rising from shifting miner fees, and exactly what it has been doing to address the problem. As most who have sent or received bitcoin will know, the…

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How Crypto Is Stepping Into the Land Down Under

On Sept. 26, Australia’s National Science Agency (CSIRO), an independent Australian federal government agency responsible for scientific research, developed a blockchain network called Red Belly with the University of Sydney. They successfully conducted a pilot test on the Amazon Web Services (AWS) global cloud infrastructure, processing more than 40,000 transactions per second. At 40,000 tx/second,…

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