PayPal Backs cryptocurrencies for using as ‘Payment Currencies’

Online Payment giant PayPal has firmly backed cryptocurrencies for making payments but maintained that mass adaption of digital assets still has a long way to go. PayPal’s CTO, Sri Shivananda, shared these thoughts at recently conducted Economic Times Global Business Summit. Image Courtesy: Paypal.com For successful mass adaption, Shivananda said, “If consumers start to feel like…

ByGirish ShettiMarch 10, 20200Comments

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Blow to Cryptocurrencies: SC refuses to overturn RBI ban

India’s Supreme Court on refuses to overturn RBI's ban on cryptocurrencies. In a major blow to Cryptocurreny industry, India’s Supreme Court on Tuesday refused to overturn Reserve Bank of India’s (RBI) blank ban that bars banks and other financial institutions from trading into cryptocurrencies. The SC’s judgment over the sensitive issue, which was supposed to arrive…

ByGirish ShettiJuly 4, 20180Comments

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Prices of cryptocurrencies nosedives after South Korean Exchange gets Hacked

Coinrail hacking causes downfall in cryptocurrencies prices. The prices of major cryptocurrencies nosedived on Monday after reports emerged that Coinrail – South Korean cryptocurrency exchange – has been hacked. The development has stoked fresh fears about the potential risks associated with trading in cryptocurrencies. Coinrail did not disclose the exact amount of loss incurred due to last…

ByGirish ShettiJune 12, 20180Comments

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Twitter Announces Ban on all ads related to Cryptocurrencies and ICOs

Twitter to ban on all ads related to o Cryptocurrencies and ICOs. After Facebook and Google, now it is Twitter’s turn to impose ban on all advertisements related to Cryptocurrencies and Initial Coin Offerings (ICOs). Twitter has also officially confirmed the news to Reuter News agency. The ban will come into effect immediately, as per the…

ByGirish ShettiMarch 27, 20180Comments

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