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Jul 17 Trading Analysis: Even the best pandemic stock couldn't move the needle on earnings

Jul 17 Trading Analysis: Even the best pandemic stock couldn't move the needle on earnings

BTC continues to snooze while ALTs continue to put on their dancing shoes with some DeFi names tracking double digit gains on a daily basis this week. If DeFi isn't enough, payments segment is also getting a bid on with Stellar making an announcement that they will be made available on Samsung mobile phones. So what if crypto celebrities and company twitter accounts got hacked, Bitcoin just had another free advertising campaign courtesy of these hackers. Bank of Thailand is also making greater progress in its central bank digital currency as it heads into Phase 3.

Facebook Faces New Hurdles as Brazil’s Central Bank Suspends New WhatsApp Mobile Payment Service

Facebook Faces New Hurdles as Brazil’s Central Bank Suspends New WhatsApp Mobile Payment Service

Brazil’s central bank has suspended WhatsApp’s payments feature in the country. The newly-launched system allows users of Facebook Inc’s WhatsApp instant messaging service to send money via chat.

Chinese Telecommunications Giant ZTE Collaborates with China Mobile to Publish Blockchain and Edge Computing White Paper

Chinese Telecommunications Giant ZTE Collaborates with China Mobile to Publish Blockchain and Edge Computing White Paper

Chinese multinational telecommunications giant ZTE has partnered with China Mobile, along with the Chinese Ministry of Industry and Information Technology Laboratory, and Peking University to publish a “blockchain and edge computing whitepaper.”

Financial Stability on The Brink of Instability Due to Bigtech Companies

Financial Stability on The Brink of Instability Due to Bigtech Companies

FSB Worries that the development of BigTech Companies and their growing user community may cause the disintegration of banks amongst other mainstream financial systems.

Mastercard Tapped to Issue Prepaid Cards Linked to Bahamas’ Central Bank Digital Currency

Mastercard Tapped to Issue Prepaid Cards Linked to Bahamas’ Central Bank Digital Currency

Mastercard has partnered with the Central Bank of The Bahamas and Island Pay to issue prepaid cards that would allow people of Bahamas to instantly convert the Bahamas’ CBDC to cash during purchases.

PBoC Governor Yi Gang Reports $300 Million in Digital Yuan Pilot Transactions

PBoC Governor Yi Gang Reports $300 Million in Digital Yuan Pilot Transactions

China’s digital yuan pilot testing in four of its cities has recorded a sum of nearly $300 million (two billion yuan) in transactions according to the People’s Bank of China's Head.

Ethereum's Vitalik Buterin Thinks Mining Monero on HTC Phones is a “Fool’s Game”

Ethereum's Vitalik Buterin Thinks Mining Monero on HTC Phones is a “Fool’s Game”

Ethereum co-creator has downplayed the partnership between HTC and Midas Labs, which enables Monero mining on mobile phones.

MIT Cybersecurity Experts Warn Against Use of Blockchain Voting Systems

MIT Cybersecurity Experts Warn Against Use of Blockchain Voting Systems

MIT Cybersecurity experts have said that blockchain-based mobile voting systems are vulnerable to serious failures.

Multi-Grammy Winning Singer Akon Planned to Launch Akoin on Stella Network

Multi-Grammy Winning Singer Akon Planned to Launch Akoin on Stella Network

More updates on Akoincity as Akon’s cryptocurrency project will be available on a newly release whitepaper. Akoin will be launched on Stella Lumens (XLM). Will this trigger massive cryptocurrency adoption in Africa?

Coffee Company to Use IBM Blockchain to Connect Farmers And Consumers

Coffee Company to Use IBM Blockchain to Connect Farmers And Consumers

The J.M. Smucker Company, known as Smucker’s, has announced that blockchain technology will be implemented in their system to trace Colombian coffee beans directly back to their source, all the while enabling consumers to support coffee farmers through the platform.

China's Shenzhen Special Economic Zone Now Supports Digital Currency Research

China's Shenzhen Special Economic Zone Now Supports Digital Currency Research

The Central Committee of the Communist Party of China recently announced that the Shenzhen special economic zone would be supporting research and the promotion of digital currencies.

Blockchain Favored by Andrew Yang, America’s 2020 Presidential Hopeful

Blockchain Favored by Andrew Yang, America’s 2020 Presidential Hopeful

Andrew Yang, one of the US Presidential election's hopeful, has asserted that blockchain should be embraced in the voting system.

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