Why Japan’s biggest e-commerce giant entering crypto is a really big deal

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Rakuten, the biggest e-commerce company in Japan with over 102 million users and the 14th largest internet company in the world by annual revenue, has officially entered the crypto exchange market. In an official statement, Rakuten said that Rakuten Wallet will operate as a licensed crypto trading platform. Currently, Rakuten is in the process of…

LA Times begins accepting crypto tips as a verified Brave Browser publisher

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The Los Angeles Times, the fourth-most circulated newspaper in the US, recently signed-up as a verified Brave Browser publisher. The publication will now start receiving tips and recurring contributions in Basic Attention Token. The LA Times is a daily newspaper which has been published in Los Angeles, California, since 1881. It is the largest US…

Facebook allegedly raising as much as $1 billion for its cryptocurrency stablecoin

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Facebook is looking for VC firms to invest in its cryptocurrency project for sums as large as $1 billion, according to NY Times reporter Nathaniel Popper. The company is allegedly designing its crypto as a stablecoin for WhatsApp using a basket of foreign currencies as collateral. Since 2018 Facebook has been covertly working on a cryptocurrency…

TRON DApps gaining market share? Active users spend over $100 a day

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TRON DApps have seen a rise in popularity over the last year, with recent data showing that active users spend, on average, $102 TRX per day on DApps. Apart from the money spent on the apps, there has been a growing number of DApps built on the platform. TRON DApps Attracts “Thousands of Daily Users”…

Russian social media platform Vkontakte may launch cryptocurrency, potential access for 50 million users

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Vkontakte, a Russian social media platform and subsidiary of Mail.ru Group, is reportedly working on a cryptocurrency. According to RNS, a Russian news outlet, Vkontakte’s plan involves the creation of cryptocurrency wallets for its 50 million users on the social media platform. The project, if approved, will enable users to store and transfer Vkontakte’s native…

Weiss Ratings CEO Interview: Crypto Ratings are Needed to Cut Through Hype and Fear

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Weiss Ratings, an investment rating agency, published their first list of cryptocurrency ratings in Jan. 2018. A little over a year later, CryptoSlate interviewed Dr. Martin Weiss, founder and chairman of Weiss Group, on the importance of a rating system for cryptocurrencies, as well as the future of payments, cryptocurrency adoption, and the challenges currently faced…

Why Africa Continues to Lag Behind in Cryptocurrency Adoption

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Africa continues to dominate Google Trends search interest for “bitcoin,” but that has not translated into widespread adoption of cryptocurrency by users and businesses. Apart from opaque regulation and a lack of awareness, one of the major reasons for this failure has been the expansive use of mobile money on the continent. Also read: Report:…

ZenLedger CEO: Fortune 50 Companies Preparing for Blockchain

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CryptoSlate conducted an interview with Patrick Larsen, CEO and co-founder of ZenLedger.io—a cryptocurrency tax software company. He describes his outlook on web 3.0, data privacy, crypto-economics, and the Fortune 50’s outlook blockchain. Background on Patrick Larsen Patrick Larsen studied material science chemistry at the United States Air Force Academy and holds an MBA from the…

Stellar Lumens Jumps 7.3% Following IBM World Wire Announcement

Stellar Lumens Jumps 7.3% Following IBM World Wire Announcement

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Stellar Lumens was recently leveraged in IBM’s blockchain solution, World Wire, which uses the technology to help eliminate intermediaries involved in cross-border money transfers. Following the announcement, the price per lumen rose 7.3 percent. Stellar Lumens (XLM) is an open-source cryptocurrency, similar to XRP, that aims to facilitate remittances by creating a platform that connects…

Watch Out WhopperCoin, McDonald’s Joins LoyalCoin for Crypto Rewards

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McDonald’s in the Philippines has partnered with LoyalCoin to provide a cryptocurrency-based rewards program for customers. Now, users of the app can earn crypto on transactions at McDonald’s and spend it on rewards. Downloading the LoyalWallet App is now more rewarding! Follow the steps below and get a free Burger McDo:Step 1:… Posted by LoyalCoin…