Financial Industry News
Tesla faces another PR disaster after rental car company nextmove canceled an order for nearly 100 Model 3s, citing serious defects. | Source: REUTERS / Amanda Voisard By CCN Markets: A German rental car company has canceled an order for 85 Tesla Model 3 cars after experiencing lousy service and poor performance with the vehicles […]
Continue ReadingMove over, Craig Wright! The “real” Satoshi Nakamoto vows to reveal himself this week and claims he’s hodling 980,000 bitcoin. | Source: Shutterstock By CCN Markets: Move over, Craig Wright! The “real” Satoshi Nakamoto vows to reveal himself as the true inventor of bitcoin over the next few days. What’s more, the “real” Nakamoto claims […]
Continue ReadingSouth Korea’s “Bit-Island” Jeju announced the Blockchain Hub City Development Research Service on Aug. 13. An island with blockchain ambitions Local news outlet JejuDomin reported on Aug. 14 that Jeju announced the Blockchain Hub City Development Research Service on Aug. 13. Furthermore, the author of the report stated that cloud services provider Tilon will carry […]
Continue ReadingThe second trailer for DOOM: Annihilation just dropped, and this cringeworthy movie looks like a low-budget student film project. | Source: Universal 1440 Entertainment/YouTube By CCN Markets: Did you know there’s a movie adaptation of the classic video game DOOM on its way? You probably didn’t. We don’t blame you for it, and we apologize […]
Continue ReadingA fresh batch of economic data risks plunging the US stock market toward its worst sell-off since 2015 – or maybe even the financial crisis. | Source: REUTERS / Brendan McDermid By CCN Markets: When US Treasury bonds suffered their first main yield inversion since the financial crisis, analysts warned that the stock market had […]
Continue ReadingCryptocurrency startup Pundi X announced that its point-of-sale payment gateway (XPOS) will soon be launched in Panama and its surrounding regions. Blockchain development company Chainzilla joined the initiative as a local distributor. Combining cryptocurrency and traditional payments in one terminal On Aug. 14, Cointelegraph in Spanish spoke with Chainzilla CEO, Charles Gonzales, to find out […]
Continue ReadingNinja, fresh off his exit from Twitch, gave a little boy and budding Fortnite fan with cebral palsy an unforgettable shout-out. | Source: Rey Del Rio / Getty Images / AFP By CCN Markets: Fortnite legend Ninja just gave one of his youngest fans an unforgettable shout-out, inspiring a little boy from the United Kingdom […]
Continue ReadingWednesday’s Bitcoin flash crash was not due to a sell-off from Chinese ponzi scam, PlusToken, a researcher has claimed. Sid Shekhar, the co-founder of London-based, TokenAnalyst, said the disputed coins were moved earlier on the blockchain. We Can All Relax, It’s A False Alarm As Bitcoinist reported on Thursday, cryptocurrency influencer, Dovey Wan, brought the $3 billion […]
Continue ReadingThe Takeaway: Monolith turned a $16.9 million ICO into $25 million-worth of assets by riding the bull market of 2017 then taking out DAI loans. This DAI strategy is increasingly common among ethereum-centric startups. MakerDAO and Monolith are now collaborating to connect DeFi loans to a European Visa debit card. Ether fans can spend crypto […]
Continue ReadingUsers of now-defunct Canadian cryptocurrency exchange QuadrigaCX are requesting further information concerning the recent loss of 103 Bitcoins (BTC) during the funds’ recovery. An unfortunate loss As Cointelegraph reported in February, one of the Big Four accounting firms — EY (formerly branded as Ernst & Young) — was appointed by QuadrigaCX as an independent third […]
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