Facebook is to launch its own digital currency within the next year, saying its plans will deliver an “inclusive and open” financial ecosystem. The cryptocurrency, called Libra, forms part of a wider Calibra digital wallet package under development that will be available as a standalone app before mid-2020. It will initially only allow payments between […]
CRYPTO20 is continuing to gain momentum as it hits $25 million for its Cryptocurrency Index Fund. Over 8,000 contributors are part of the fund which, unlike competitors, is a finished product with a range of investor tools. With just 48 hours left to run, the team behind CRYPTO20 is expecting to build even further and […]
POW, the free digital currency, has taken another significant step towards becoming the first global currency by integrating with a second social media platform; Twitter. Launched on October 3, POW was given away for free to anyone with a Facebook account. So far, 47,000 people have claimed POW via Facebook and are sharing it amongst […]
China is reportedly clamping on the use of virtual currencies after banning the use of cryptocurrencies in fundraising schemes. Reports coming out of the country suggest that so-called initial coin offerings (ICO) have been deemed illegal by regulators within the People’s Bank of China. These sanctions may just be the start of the East Asian […]
If ever you’ve needed an incentive to exercise, a new app could give you a much-needed boost to get active. The British app Sweatcoin tracks your activity and pays you accordingly in its digital currency, which can be used to purchase physical trainers and exercise classes. For every 1,000 steps walked, users earn one sweatcoin (SWC). […]