Even though each AirPod provides a reprieve from the noise and stress of the airport, it offers so much more. There are many advantages to using the capsule, including relieving stress and helping you feel more relaxed. If you’ve ever been stuck at the airport waiting for your delayed flight, you’ve probably indulged in some daydreaming. Perhaps you’ve pictured yourself falling asleep on a comfortable bed and waking up refreshed and fully rejuvenated. The reality
While the U.S. Securities and Exchange Commission dishes out subpoenas to cryptocurrency projects like a generous house doles out candy on Halloween, TechCrunch founder Michael Arrington’s $100 million cryptofund has also come under investigation. ‘They Just Have to Figure out What They Want.’ TechCrunch founder Michael Arrington’s $100 million cryptofund has been subpoenaed by the U.S. Securities and Exchange Commission — which is no skin off Arrington’s back. He told CNBC on Thursday: We received a subpoena.
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Tesla, the automotive company, was the victim of a cryptojacking attack as their Amazon cloud account was compromised and used to mine cryptocurrency. Even the largest and most technologically advanced companies can be vulnerable to being hacked. Case in point is the pioneering electric car company, Tesla, owned by tech billionaire Elon Musk. They were recently the target of a cryptojacking attack that saw their Amazon cloud account compromised and used to mine cryptocurrency. Security
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Crypto isn’t currency — at least, according to American multinational banking and financial services holding company JPMorgan Chase & Co. Missing the Point JPMorgan, a New York-based institution with a history that is far from pro-crypto, claimed in a wide-ranging note to clients that cryptocurrencies only make sense as a hedge in one’s investment portfolio — and are neither viable stores of value nor effective currencies. Wrote the company: The huge volatility of the price
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After duplicating charges and draining users’ accounts, Visa has accepted responsibility for the gross error — after initially claiming Coinbase was to blame. Over the past week, Coinbase users have been experiencing a rather unpleasant situation. Numerous users reported erroneous duplicate charges on their credit and debit cards, effectively draining users’ bank accounts and leaving many individuals in potentially dangerous situations. After initially confirming the reports, Coinbase passed the blame for the situation on to Visa,
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CG Blockchain, developers of blockchain-based tech for the investment industry, has announced their partnership with global financial data and analytical tools provider FactSet. The new partnership will enable CG Blockchain’s clients to use FactSet’s order and execution management system for order generation, analysis, and compliance. In return, FactSet will gain access to blockchain tools developed by CG Blockchain. FactSet (FDS) is a publicly traded company that provides analytical and data-driven solutions, technology, content, and services to professional investors.
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Fearing Bitcoin and Seeking to Capitalize on Higher Fees, VISA and Mastercard Reclassify Crypto Purchases as ‘Cash Advances’
Just in time for what some savvy investors might construe as a 60%-off Bitcoin sale, VISA and Mastercard have decided to make buying cryptocurrency more expensive than ever. Bitcoin is “Cash” Now? At some point during the last week, both VISA and Mastercard decided to reclassify Bitcoin transactions as “cash advances” – as opposed to purchases. According to a spokesperson from Mastercard: Over the past few weeks, we have clarified to acquirers – or the
Telegram, a popular non-profit cloud-based instant messaging service, is kind of a big deal. Even so, many big-time cryptocurrency investors aren’t interested in the company’s record-seeking $2bn initial coin offering (ICO). Telegram is seeking to fund a mainstream payment system utilizing multi-blockchain architecture, which will be integrated into their popular messaging application. Even for a well-known and reputable brand like Telegram, however, reaching a target goal $2bn for an ICO is no easy feat, requiring
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The crypto space is going to get very crowded in the next year or two so finding the right token or ICO to invest in will become more of a challenge. Big social media platforms do not help much as content is unregulated, unedited, and they are largely populated by trolls and shills. Scams and fake news are rife and the companies that own the platforms even profit from advertising fraudulent websites. What is needed
Two of BlackRock’s fixed-income managers have resigned from the world’s largest asset manager to launch a cryptocurrency hedge fund. The two BlackRock ex-managers are Adam Grimsley, who was a fixed income specialist for eight years, and Michael Wong, who was the senior portfolio manager and head of fixed income asset allocation, are launching a cryptocurrency hedge fund called Prime Factor Capital. Grimsley and Wong are partnering with Nic Niedermowwe, an Oxford Maths PhD. He will serve
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