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CoinspeakerG7 Countries Oppose Facebook’s Libra Launch Until Proper Regulations in Place On Tuesday, October 13, the G7 countries said that they would oppose Facebook‘s Libra launch until proper regulations in place. However, the finance ministers and central bankers of the G7 economies have accepted that digital payments can improve the underlying financial infrastructure while cutting […]

CoinspeakerDeFi’s Institutional Push: Lending Protocol Aave Raises $25 Million A well-known decentralized lending protocol Aave raised $25 million funds to bring DeFi to institutions. On Monday, October 12, Decrypto reported that the investment comes from Blockchain.com, Standard Crypto, Blockchain Capital, and others. We are excited to announce that @blockchaincap @standardcrypto @blockchain ventures have invested into […]

CoinspeakerDIS Stock Jumps 5% in Pre-market, Disney Reorganizes Its Business Focusing on Streaming Shares of the media giant Walt Disney Company (NYSE: DIS) were trading with an approximately 5% rise during the Tuesday’s pre-market trading session. DIS shares closed the Monday’s trading session at $124.97, 0.01% down. The jump is attributed to an announcement from […]

CoinspeakerETH Shares Rise 13% in Pre-market after Ethan Allen Reports Profitable Quarter Furniture maker Ethan Allen Interiors Inc (NYSE: ETH) saw its shares close higher on Monday following the release of the preliminary financial results from the retailer. According to the company’s release on Monday, the company said that its retail sales saw a 10.8% […]

CoinspeakerCovalent: Enterprise-Level Blockchain and DeFi Analytics Software Available to All Covalent removes barriers to blockchain adoption by providing enterprise-level software for anybody that needs it in a practical package that any full-stack developer can use to create cryptocurrency products. The Vancouver-based company is led by Ganesh Swami, former data analytics developer at Silota, and Levi […]

CoinspeakerAAPL Stock Jumps Over 6% a Day Ahead of Apple’s iPhone 12 Launch Event On Monday, October 12, the tech giants continued stampede on Wall Street with Apple Inc (NASDAQ: AAPL) taking the lead. AAPL stock jumped 6.35% closing at $124.40 and a market cap of $2.16 trillion. Later today, October 13, Apple has scheduled […]

CoinspeakerBritish Airways Boss Alex Cruz to Step Down amid Management Shakeup On Monday October 12, IAG (International Airline Group) has revealed that the current chairman and CEO of British Airways Alex Cruz will leave the airline after less than five years of experience in the role. The current CEO and chairman of Aer Lingus, Sean […]

CoinspeakerCryptocurrency Penetration: Digital Assets Can Be Used by Anyone Anywhere in the World Apart from volatility and security concerns, the complexities involved in using digital assets as a medium of payment is undoubtedly a major hurdle impeding mainstream adoption. Until recently, using cryptocurrencies to pay for products and services was a herculean task. And even […]

CoinspeakerJapan Must Reform Central Bank Laws to Accelerate CBDC Issuance A local government official in Japan has said that the country needs to rapidly amend its central bank laws to allow the Bank of Japan (BOJ) to issue a national digital currency. Kozo Yamomoto, the Liberal Democratic Party lawmaker, stated that the central bank of […]

CoinspeakerdeepTradeBot Shares Their Roadmap for 2020-2021 The popular AI crypto-trading solution deepTradeBot.com has just published a list of plans and updates to implement until the end of 2021. The plans are very high, and cover a wide range of tasks and the users’ expectations. Until the end of the current year the company promises 3 massive […]

CoinspeakerAZN Stock Up 1%, AstraZeneca Gets $486M from U.S. for 100K COVID-19 Vaccine Doses AstraZeneca plc (NASDAQ: AZN) stocks were trading slightly above $55 during Monday’s pre-market, nearly 1% up from Friday’s close. The British-Swedish multinational pharmaceutical and biopharmaceutical company AstraZeneca is developing a coronavirus vaccine candidate with a brand name AZD1222. According to the […]

CoinspeakerGemini with BCB Group to Streamline British Payment System Gemini cryptocurrency exchange is fast encroaching into the European market amid the coronavirus pandemic. After acquiring the Electronic Money Institution (EMI) license from the UK’s Financial Conduct Authority, the firm has now partnered with BCB Group to provide United Kingdom residents a means to send and […]

CoinspeakerTesla Employees at Nevada Gigafactory Can Use Bitcoin ATM by LibertyX Tesla Inc (NASDAQ: TSLA) employees’ at the Nevada Gigafactory have been accessing Bitcoin ATM services provided by America’s first and largest U.S. network of bitcoin ATMs LibertyX. The clarification came after a Twitter user @wlrvs posted that he had spotted a Bitcoin ATM at […]

CoinspeakerChina Sees a Boost in Consumption Following Its Week-Long Holiday Per the report released by the Ministry of Commerce of the government of China, the consumption during the holidays was fueled by increased tourist activities across the country. Per the ministry, average sales of consumer foods as well as beverages rose by 4.9% when compared […]

CoinspeakerGOOGL Shares Rise Despite Reports of The Company’s Impending Forced Split Per the report from Politico, the Department of Justice, as well as state prosecutors, are investigating Google for its extensive grip on both the world’s search engine which gives it a competitive edge in the advertising industry. Google alongside its counterparts Apple Inc (NASDAQ: […]

CoinspeakerPfizer, BioNTech Stocks Unstable, New Zealand to Purchase 1.5M Doses of Their COVID-19 Vaccine Investors in Pfizer Inc (NYSE: PFE) and BioNTech SE ADR (NASDAQ: BNTX) are expecting near future good returns, putting in mind New Zealand have signed a deal to purchase 1.5 million coronavirus vaccine doses by early next year. Pfizer and BioNTech […]

CoinspeakerSatoshi Era Bitcoin Valued $11 Million Moved: Strange BTC Whale Transfer Bitcoin worth 11m, which remained dormant in wallet since the time it was mined in 2010, has finally been moved. On early Sunday morning, the 2010 Coinbase rewards of 20 blocks were spent in one block. A professional cryptocurrency trader named Kirill K flagged […]

CoinspeakerVirgin Orbit Looks for Fresh Funding Eyeing $1 Billion in Valuation On Sunday, October 12, the Wall Street Journal reported that Richard Branson‘s small satellite launch business Virgin Orbit is looking to raise around $200 million in fresh funding. If Virgin Orbit can pull this off, it can push the company’s valuations to $1 billion, […]

CoinspeakerU.S. and European Stock Futures Rise amidst Hopes of New Relief Packages The U.S. and European stock futures have coursed on an upward trajectory following hopes of a new relief package both in the United States and the European Union. They defied the impending lockdowns currently being stirred by the resurging cases of COVID-19. The […]

CoinspeakerChinese Shenzhen Rolls Out 10M Digital Yuan in Public Giveaway Program Chine is progressing in the development of its central bank digital currency (CBDC), or digital yuan. Earlier, China revealed that the currency was out for testing in various sectors. Last week, one of the country’s fastest-growing city Shenzhen announced a public giveaway program that […]

CoinspeakerApple Event on Tuesday Could Be Its Most Significant, Says Morgan Stanley The world is all set to witness the most awaited launch of Apple iPhone 12 5G on Tuesday, October 13. The Cupertino-based tech giant is holding a special event where we can probably see the release of 2020’s Apple iPhone lineup. This is […]

CoinspeakerCryptocurrency Derivatives Exchange BitOrb Launches Testnet Trading Tournament with Rewards in Bitcoin and ORBYT tokens Newly launched crypto derivatives exchange BitOrb is hosting a Testnet Trading Tournament for all-levels of traders to win a pool prize worth USD $1,500 in Bitcoin bonuses and 12,500 $ORBYT tokens on their testnet platform. The tournament is free to […]

CoinspeakerTikTok Rival Triller to Consider IPO Option with SPAC The parent company of social networking app Triller has intentions of taking its company for an IPO by partnering with a Special Purpose Acquisition Company (SPAC). Per a Reuters report, the SPAC option for Triller will offer a way to bypass extreme regulatory hurdles that align […]

CoinspeakerBitMax.io Announced the Primary Listing of FIN to Support Secure DeFi Lending BitMax.io (BTMX.com), an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the primary listing of DeFiner’s FIN token (FIN) under the trading pair of FIN/USDT on October 12th at 10:00 a.m. EDT. Deposit and withdrawal were opened […]

CoinspeakerRipple Co-Founder Chris Larsen Says U.S. Is Losing Tech Cold War to China Blockchain is the new battle-field for global economies and technology giants to compete. Last week speaking at the LA Blockchain Summit, Ripple Executive Chairman and co-founder Chris Larsen said that the U.S. can probably lose its financial dominance to China. Speaking at […]

CoinspeakerCheese Bank is Making an Upgraded Compound for Everyone In 2020, DeFi is quietly causing changes in the distribution of global wealth. the real benefits will be felt by users in developing countries more so than anywhere else.With just a smart phone and an internet connection, people from all over the world have the ability […]

CoinspeakerRipple Announces Line-of-Credit Service to Source Capital for Instant Cross-Border Payments On Thursday, October 8, San Francisco-based blockchain startup Ripple Labs Inc announced its new Line-of-Credit service. This service allows customers to source liquidity on-demand using native XRP cryptocurrency and fund instant cross-border payments. This service basically caters to emerging FinTechs and small and medium-sized […]

CoinspeakerMXC Exchange Brings Impermanent Loss Compensation for DeFi Mining On Wednesday, October 7, the world’s leading digital assets trading platform MXC Exchange announced its new DeFi mining product in the market. In an industry-first move, the EQL DeFi mining product by MXC offers impermanent loss compensation for all its users. MXC Exchange notes its new […]

CoinspeakerEuronext to Purchase Borsa Italiana from LSE in Deal Worth Over $5 Billion London Stock Exchange (LSE), the largest and the primary stock exchange in the United Kingdom, has agreed to sell Borsa Italiana stock exchange to French rival Euronext in a deal worth 4.3 billion euros ($5 billion). Moreover, the London Stock Exchange expects […]

CoinspeakerbitFlyer Japan’s Assets Under Custody Topples 161.8 Billion Yen in August Per Coindesk Japan’s report, bitFlyer Japan’s total assets under custody which is the highest the firm has seen since 2018 was most likely fueled by the company’s integration of four additional digital currencies including Ripple (XRP), Stellar Lumen (XLM), Nem (NEM), and Basic Attention […]

CoinspeakerAlphabet-Backed Waymo to Scale Up Its Robo-Taxi Services in Phoenix Alphabet Inc (NASDAQ: GOOGL) subsidiary company Waymo, an autonomous driving technology development company, announced that it will not only scale up its robo-taxi hailing services in Phoenix but will also begin to offer rides in minivans with no human assistant on board. Notably, the robo-taxi […]

CoinspeakerBank for International Settlements Partnered with Seven Global Central Banks in a Report to Detail CBDC Expectations As the world financial system gets digitized, central banks are tirelessly working on developing and issuing their Central Bank Digital Currency (CBDC) in the near future. China is already on the forefront of the game, whereby it has […]

CoinspeakerAMDAX Secures First Cryptocurrency Service Registration With the Dutch Central Bank Per the official update from AMDAX, a client-oriented cryptocurrency exchange firm located in the country’s capital Amsterdam, the DNB’s approval was secured after diligently complying with the regulatory rules in line with Europe’s Anti Money Laundering guidelines (AMLD5). Cryptocurrency services ranging from asset custody […]

CoinspeakerElon Musk: Tesla’s New Battery and Cells, First Go to Model Y at Giga Berlin Tesla Inc (NASDAQ: TSLA) head honcho Elon Musk said on Twitter that the firm is presently working on new, more efficient EV batteries that are intended to be first used at its upcoming Gigafactory assembly plant located near the German […]

CoinspeakerFintech Revolut Dangles Market-Beating 5% Rate Bait to U.S. Savers On Thursday, Revolut announced that American savers would benefit from a brand new 4.5% “bonus” on top of the base annual rates of interest they enjoy. Payouts are given on a monthly basis after calculations are done daily based on an annualized rate. Revolut offers […]

CoinspeakerIBM Shares Rose 5.98% on Thursday After the Company Announced It Will Spin Off Its IT Infrastructure Unit Shares of International Business Machines Corp (NYSE: IBM) closed Thursday’s trading session 5.98% higher than the opening value, $124.07. The jump is attributed to three positive news that the company released yesterday through its website. First, IBM […]

CoinspeakerDow Climbs Over 100 Points In Biggest Raise Since September Besides the Dow Jones (INDEXDJX: .DJI) 100 points gain, the S&P 500 Index (INDEXSP: .INX) also added 0.8% amounting to 27.38 points to close at 3.446.83 while the Nasdaq Composite (INDEXNASDAQ: .IXIC) gained 0.5% to close at 11,420.98. The bullish rally also cascaded down to […]

CoinspeakerMax Levchin’s Lending Company Affirm Confidentially Files for an IPO in the US Affirm, a lending company that provides financing for one-time online purchases, has confidentially filed for a US Initial Public Offering (IPO).  The company has submitted a draft Registration Statement on Form S-1 to the Securities and Exchange Commission (SEC) relating to the […]

CoinspeakerRevolut Strategically Partners with Fireblocks to Introduce New Crypto Services United Kingdom’s most valuable financial technology startup, Revolut Ltd has strategically partnered with Fireblocks, an all-in-one platform to store, transfer, and issue digital assets, to introduce new cryptocurrency services to its customers. According to Fireblocks, Revolut will be leveraging its unique MPC-based wallet and network […]

CoinspeakerSquare Invests $50 Million in Bitcoin, Saying the Crypto ‘Aligns with the Company’s Purpose’ San Francisco-based financial services and mobile payment company Square Inc (NYSE: SQ) has bought 4,709 Bitcoin (BTC). The company has spent $50 million, which represents 1% of its total assets as of the end of Q2 2020. According to Square press […]

CoinspeakerInstacart Lands New $200 Million Funding Round, Valuation Hits $17.7 Billion Per the announcement, the Instacart new funding round has shut up the company’s valuation to $17.7 billion. With the outbreak of the coronavirus and the ensuing lockdowns, business survivals entail the embrace of the digital channels to keep up with demands. This extra need […]

CoinspeakerAmazon’s Rise to ‘The Everything Store’, The Journey and Lessons Learnt Amazon’s journey has not just been such that beams consistency, but also of innovation and the constant desire to place customer’s needs ahead of every intended innovation. The company’s rich history surely has a tale many should learn from. Amazon’s Founder and Chief Executive […]

CoinspeakerThis Boring Project Will Turn All Other Blockchain Into Layer 2 Of Bitcoin Whether you are a Bitcoin Holder or not, you would have to spend 5 minutes getting to know this project that may change Bitcoin’s future. Suppose you are not only a holder, but also a Maximalist. In that case, congratulations, the Bitcoin […]

CoinspeakerArthur Hayes Steps Down as BitMEX CEO Following U.S. Government Charges Last week, the U.S. government charged the leaders of the crypto exchange and derivative trading platform BitMEX. According to the legal filing, the executives have failed to stop money laundering and operated an unregistered trading platform illegally. Following the charges, Arthur Hayes has stepped down […]

CoinspeakerKPMG to Launch New Climate Accounting Capability on Blockchain to Analyze Environmental Risks Audit and professional services firm KPMG is set to offer a blockchain-based Climate Accounting Capability to help firms measure and analyze their greenhouse gas emissions. Per the official announcement, the blockchain-based method also analyzes climate risk impact on asset portfolios as part […]

CoinspeakerBloodbath in DeFi Market: Combined Market Cap of DeFi Assets Crash 25% in One Day, Volumes Drying Up The Decentralized Finance (DeFi) space has finally entered a massive correction after a blasting summer season. The DeFi market has made a sharp downfall in the last 24 hours with the combined market cap of DeFi assets […]

CoinspeakerMOBI Launches First Electric Vehicle Grid Integration Standard on Blockchain The Mobility Open Blockchain Initiative (MOBI), a consortium led by the duo of General Motors Company (NYSE: GM) and Honda Motor Co Ltd (TYO: 7267) has launched the world’s first Electric Vehicle Grid Integration (EVGI) standard on the blockchain through its EVGI working group. Per […]

CoinspeakerCorionX Teams Up with Syscoin to Push Stablecoin Adoption The new partnership will see the Corion and Syscoin Foundations work together to raise awareness about the benefits and vision of open finance, including stablecoins and CBDCs, using AMAs, webinars, training sessions, seminars, working groups, and other means to help educate and raise awareness about the […]

CoinspeakerTesla Owners Complain of In-App Enhanced Autopilot Purchase Feature and Customer Service Tesla Inc (NASDAQ: TSLA) has been hitting the roof when it comes to its growth over the last year. The American electric car-maker has been smashing new revenue records every quarter making it the largest automobile company with a $400 billion market cap. […]

CoinspeakerAsia-Pacific Is Home to Most Billionaires Because of COVID-19 Pandemic Effects Asia-Pacific region is far ahead when it comes to the number of billionaires than any other region. The stock market rally that is pandemic-induced has propelled the world’s super-rich people’s net worth to a new height. Now, the world has 2,189 billionaires, who enjoy […]

CoinspeakerTravel Rule Protocol (TRP) Working Group Backed by ING and Fidelity Unveils Crypto AML Tools The Travel Rule Protocol (TRP), a working group backed by Standard Chartered, Fidelity, ING, and about 22 other firms involved in cryptocurrency transactions has unveiled an Anti-Money Laundering tool dubbed TRP API version 1.0.0. According to Coindesk, the TRP API […]

CoinspeakerLouis Vuitton, Chanel and Volvo to Expand their Markets in Thailand via Japanese Chat App Line World-renowned fashion and auto brands like Louis Vuitton, Chanel, and Volvo have turned to the Japanese chat app Line to embrace Thailand markets. According to Line Thailand chief commercial officer Norasit Sitivechvichit, during the second COVID-19 wave, the country’s […]

CoinspeakerSamsung Q3 Earnings to Beat Estimates as Firm Noted in Its Latest Guidance Samsung Electronics Co Ltd (KRX: 005930) has revealed in its latest guidance that its Q3 earnings likely rose by 58% beating analyst’s expectations. Per a CNBC report, the Samsung Q3 earnings guidance revealed that the company’s operating profit for the quarter likely […]

CoinspeakerJapan’s Financial Giant SBI Acquires Crypto Exchange TaoTao after Failed Binance Bid On Wednesday, October 7, the Japanese financial services group SBI announced the acquisition of local crypto exchange TaoTao. This news comes just two days after TaoTao announced ending partnership talks with Binance, on Monday. SBI acquired 100% of the shares of the regulated […]

CoinspeakerHow Bitcoin Is Making Online Slots More Accessible With plenty of smartphone upgrades over the last few years, online slots have become more popular with consumers. This is likely because apps have made it easier to get involved compared to previously used clunky, unoptimized websites, but also because newer infrastructures such as 4G and now […]

CoinspeakerEosfinex Drives Bitfinex Liquidity to EOS Community with Its Beta Mainnet Launch On Wednesday, October 7, non-custodial digital asset exchange Eosfinex officially launched the beta version of its mainnet to drive Bitfinex liquidity to the EOS community. The beta mainnet launch will provide direct access to Bitfinex’s liquidity market. Besides, the beta mainnet launch will […]