Mastercard, the giant payment processor has been fined 650 million dollars for artificially raising fees for merchants a thing that influenced the price increase affecting the overall prices even for customers that do not use Mastercard.
Credit card companies charge a fee called “interchange fees” to the merchants whenever a client utilizes a credit or platinum card for payments in a shop or on the web. These charges used to differ from country to country inside the EU. Mastercard had consistently kept merchants from using lower bank fees accessible outside of their country of origin. This caused more expensive fees … Read the rest
Ripple CEO Brad Garlinghouse spoke at the World Economic Forum in Davos, Switzerland, about the potential of cryptocurrencies to improve the global economy. At a roundtable discussion entitled “The Future of Cryptographic Money,” Garlinghouse mentioned that blockchain technology is highly likely to improve the conditions under which social, banking, and industrial relationships operate:
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“There is an opportunity to fundamentally rewire how modern financial infrastructure works in the pre-funding. You have about $10 trillion pre-funded to banks around the world in order to enable cross-border payments. If you could take advantage of crypto liquidity to fund real-time payments, you could actually
A US-based Tech and entertainment news and reviews media known by the name of BGR as recently revealed that a Samsung insider leaked pictures of the not released yet Galaxy S10 wallet which has a cryptocurrency wallet built on it.
Now, the Galaxy S10 has not yet officially been released to the public but it has been reported that merchants already have it.
The individual in charge of releasing the pictures is known as Gregory Blake. Blake shared some screen captures of what is suspected to be the following Samsung Galaxy. This screen captures shows that it is a feature … Read the rest
Anonymous coin Grin (Gulin, named after Harry Potter’s Gringotts), after a storm of propaganda in the currency circle, we still have to face a reality: because Grin abandoned the concept of address, which makes it Trading operations are more complicated than traditional cryptocurrencies such as BTC. How does this cryptocurrency complete the transaction without an address?
This article is a specific use of Grin wallet tutorial, including initializing the wallet, sending a transaction, receiving a transaction, completing a transaction, viewing the balance, viewing the transaction log, canceling the transaction, checking the wallet, restoring the wallet with the help word.
(Image … Read the rest
Izabella, a baby born this month 2 weeks ago is already preparing for college receiving bitcoin donations.
The Times advert is believed to be the first of its sort (Image: Peter Bowles)
Thanks to a birth announcement on “The Times” newspaper form her father Izabella now owns more than 1 Bitcoins. The story went viral and the donations continue to come to the bitcoin address her father published in the newspaper as a Bitcoin College Fund for his daughter.
Till now more than 300 people have donated bitcoin to the address. Amounts vary from $0.3 to $300.
A whole bitcoin … Read the rest