Overstock to Retain Retail Arm, Support Blockchain and Crypto Ventures
Retail giant Overstock.com will not sell its retail arm by early 2019, as previously expected Go to Source Powered by WPeMatico
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Major US Retailer Kroger Drops Visa, Morgan Creek Digital Suggests Lightning Network
After U.S. retailer Kroger rejected the use of Visa cards in some of its store chains due to excessive fees, Morgan Creek Digital has offered to set them up to use the Lightning Network Go to Source Powered by WPeMatico
Global Retail Giant Auchan Expands Blockchain Tracking Solution to Five More Countries
French retail giant Auchan will expand its blockchain products’ traceability solution after successful 18-month pilot in Vietnam Go to Source Powered by WPeMatico
Market Value of Blockchain Adoption to Soar 29-Fold by 2023, Report
New analysis looks at factors behind forecast that market value of blockchain in global retail will soar from $80 million today to over $2.3 billion by 2023 Go to Source Powered by WPeMatico
Overstock CEO Reveals Estimated Date for Selling Retail Business to Focus on Blockchain
Founder of retail giant Overstock Patrick Byrne wants to sell his company’s retail business by early next year to focus on blockchain Go to Source Powered by WPeMatico
Exchanges Round-Up: Palestinians Use Crypto to Transfer Offshore, LXDX Targets Retail Investors
In recent news pertaining to cryptocurrency exchanges, Palestinians are reportedly turning to crypto brokers to facilitate cross-border transactions, XBT Provider has revealed plans to launch an exchange-traded product that will track between 5-10 cryptocurrencies, and LXDX has announced that it will make its platform available to retail investors. Also Read: P2P Markets Report: Record Volume in … Read more
Japan: Tech Giants Hitachi, KDDI Trial Blockchain Biometrics Verification System for Retail
Tokyo-headquartered tech conglomerate Hitachi and telecoms giant KDDI are trialing a blockchain-based biometrics system for retail coupon settlement Go to Source Powered by WPeMatico
PR: Vaultbank to Bring Free Stock Trading with Margin, Top 20 Cryptos, 120+ Fiat Currencies
SAN FRANCISCO — Vaultbank announces the addition of free stock trading to its October Launch. This is in addition to crypto trading and issuance of security tokens. With all of these services on one platform, users will have a single platform solution to invest globally, trade digitally, and cash out locally. The Vaultbank Platform is … Read more
Australian Bank Bans Use of Mortgage Funds for Crypto Speculation
One of Australia’s oldest financial institutions, Bank of Queensland, has prohibited the use of home equity loans for virtual currency speculation. The move has been attributed to concerns pertaining to the growing regulatory oversight of the cryptocurrency sector in Australia. Also Read: Tether Announces Appointment of New Chief Compliance Officer Bank of Queensland Cracks Down on … Read more
Retail Adoption of Crypto Would “Bring the Internet to a Halt” – BIS Report
The Bank of International Settlements (BIS) has leased a chapter from its forthcoming annual report that delivers a critical appraisal of bitcoin and cryptocurrency. The report attacks virtual currencies from several main standpoints: claiming that cryptocurrencies do not effectively perform monetary functions due to price volatility, that the retail adoption of blockchain-based payment mechanisms would … Read more
