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World’s first cryptocurrency bank opened in Singapore

April 30th, 2018 at 3:22 pm » Comments Off

The co-Founder of Nuo, Varun Deshpande announced on twitter that they are opening a bank in Singapore. This is not just a normal bank but a virtual bank for cryptocurrencies. He also stated that they will open an ATM for virtual digital money as well. They are also introducing a new technology- Advanced Robotic Account […]



Google futurist and director of engineering: Basic income will spread worldwide by the 2030s

April 19th, 2018 at 11:10 am » Comments Off

Basic income will be widespread by the 2030s, according to Google futurist and director of engineering Ray Kurzweil. Kurzweil is known for making seemingly wild predictions. In 2016, he predicted that by 2029, medical technology will add an extra year to human life expectancies on an annual basis.



Mastercard will support cryptocurrencies – as long as they’re backed by governments

March 27th, 2018 at 10:27 am » Comments Off

It seems Mastercard is gradually softening its stance on cryptocurrency, after CEO Ajay Banga downplayed non-government mandated digital currencies as “junk” back in October last year. In a conversation with Financial Times, Ari Sarkar, Mastercard co-president for the Asia-Pacific region, said the company is open to explore cryptocurrencies created and backed by governments.



Technology meant to make Bitcoin money again just went live

March 27th, 2018 at 10:15 am » Comments Off

The Future of Bitcoin It’s going to be big … or, not. A version of the technology that’s meant to make cryptocurrency payments faster and cheaper went live Thursday.



Experts May Have a Viable Alternative to Universal Basic Income

March 17th, 2018 at 8:19 am » Comments Off

At Brain Bar Budapest, a large hall that was plastered in dark and leafy plants struggled to hold a sea of attendees. The crowd gathered to watch Steve Fuller, author of Humanity 2.0 and the Auguste Comte Chair in Social Epistemology at Warwick University, debate Zoltán Pogátsa, a Hungarian political economist. The topic at hand? […]



How much money you have to earn to be considered rich in 42 major US cities

March 10th, 2018 at 12:17 pm » Comments Off

How much money it takes to be “rich” varies from city to city. About 20% of Americans are upper-income, or “rich,” meaning they earn at least two times the national median household income. The amount of money it takes to be considered rich is largest in San Jose, California.



China is ‘weaponizing capital’ — and it’s keeping the head of the US Navy awake at night

March 8th, 2018 at 10:18 am » Comments Off

China has pursued numerous commercial and infrastructure deals around the world in recent years. Critics see this as a Chinese effort to extent its influence abroad. These financial maneuvers are a source of concern for many — including the head of the US Navy.



82 percent of the wealth generated last year went to the one percent of the global population

January 22nd, 2018 at 10:56 am » Comments Off

LONDON) – Four out of every five dollars of wealth generated in 2017 ended up in the pockets of the richest one percent, while the poorest half of humanity got nothing, a report published by Oxfam found on Monday.



Meet the newest cryptocurrency trend: privacy coins

January 3rd, 2018 at 11:06 am » Comments Off

Privacy and anonymity are all the rage, and these coins are benefiting big time.



Here’s what the World’s Central Banks are saying about bitcoin

December 13th, 2017 at 12:10 pm » Comments Off

More than eight years since the birth of bitcoin, central banks around the world are increasingly recognizing the potential upsides and downsides of digital currencies.



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