Hulu Optimistic about Blockchain Solutions to Advertising Challenges

Join our community of 10 000 traders on Hacked.com for just $39 per month. Video streaming service Hulu is cautiously optimistic about the potential of blockchain technology to solve problems faced by the advertising industry, particularly in the areas of data privacy and brand trust. Adam Moser, head of ad tech and platform operations at Hulu, told PCMag that the company — which, unlike its major competitors, serves ads to lower-tiered subscribers — said that although the firm is not currently pursuing any blockchain applications, it is excited about the…

Crypto Adoption In Australia | Ban On Cash Purchases Over $7,500 USD

Crypto Adoption in Australia: The Australian government’s work to prevent tax evasion is growing. Efforts seem to be moving towards a gradual decline in cash availability, which represents an essential opportunity of growth for cryptos and alternative means of payment. As part of an initiative to prevent undeclared business from being conducted in the country, the Australian government has issued some economic measures to restrict specific conditions that could be harmful to the people. In an official statement entitled “Tackling illegal behavior in the Black Economy” Australia’s Ministry of Revenue…

Bytecoin Price Explodes 82% Following Series of Strange Events

Join our community of 10 000 traders on Hacked.com for just $39 per month. The Bytecoin price has risen sharply for the day, from $0.012075 on close of trading May 13 to $0.012438 on Monday. However, the coin’s price has seen a series of odd events and swings since Binance announced its listing on May 7. By May 9, Bytecoin hit an all-time high of $0.0300, a whopping 343 percent 24-hour price spike. As rumored with new Binance listings, cypto enthusiasts saw this as another pump and dump, unsure Bytecoin would…

Cardano [ADA] Financial System for Developing World

Cardano [ADA], the 7th largest cryptocurrency by market cap, is looking far-beyond becoming just a payment system for the regular cryptocurrency investor. Charles Hoskinson, CEO of Cardano and co-founder of IOHK, had an interview with Rachel McIntosh back in February discussing his long-term vision for Cardano. Financial System of the Developing World – Cardano vs. Stellar [XLM] In his interview, Hoskinson discusses how Bitcoin advertises itself as a payment system and a means of exchange, but anyone that has tried using it for that knows how much it has failed. Back…

Zcash Price Spikes to $345 After Gemini Announces New Trading Pairs

Join our community of 10 000 traders on Hacked.com for just $39 per month. The zcash price spiked to $345 on Monday after cryptocurrency exchange Gemini announced that it will list the privacy-centric cryptocurrency for trading next week. Zcash Price Spikes to $345 Zcash had entered the day trading just above $250, and it traded close to this mark until shortly after 8:00 UTC. At this point, the zcash price experienced a sudden spike to $345. The coin was not able to sustain this level, and it has since ebbed…

Pineapple Fund | Donates More Than $55 Million In BTC

On May 11, the anonymous philanthropist- “Pine”, curator of the Pineapple Fund, published a touching message in Reddit announcing their withdrawal from the crypto-sphere. Five months ago, a Reddit user by the name of Pineapple Fund, posted an announcement on Reddit asking for recommendations to donate upwards of $86 million worth of BTC too. Many were skeptical and confused. However, when the first proofs of the donations became public, the community acquired a sense of enthusiasm and respect towards the project and its rarity in the world of cryptos. “Hello! I remember staring…

St. Louis Fed’s James Bullard Talks Bitcoin And The Economy | CNBC

St. Louis Fed President James Bullard speaks with CNBC’s Seema Mody about the state of cryptocurrencies and blockchain in the U.S. economy, as well as the Federal Reserve’s views on interest rates, inflation and oil prices. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC…

This Is How Blockchain Can Give ‘Invisible’ People An ID | CNBC

Over one billion people worldwide don’t have any form of identification, making it difficult to access many of the social institutions the developed world takes for granted. A UN organization, the World Food Program (WFP), is testing whether blockchain, the technology that powers bitcoin and ethereum, could solve this ID problem. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect…

HSBC Completes World’s First Blockchain Trade Finance Transaction

Join our community of 10 000 traders on Hacked.com for just $39 per month. Financial services group HSBC said on Monday it had for the first time utilised blockchain technology to complete a speedy commercial trade finance transaction that normally takes around a week using normal paper-based processing mediums. The transaction was the first time that a blockchain – the technology which powers cryptocurrencies such as bitcoin – has been used for a commercial trade finance settlement. CNBC reported that HSBC had issued a letter of credit for U.S. food…

Most Big Cryptos Dropped this Week – These Two Bucked the Trend

The cryptocurrency markets are set to end the second week of May on a low note. The total market capitalization for all cryptocurrencies fell below $400 billion for the first time since April 26 on Friday, and has dropped 15.97 percent week-on-week. As of writing, the combined market value stands at $385 billion and could see a further decline as indicated by a head-and-shoulders breakdown pattern on the price charts. Looking at notable individual cryptocurrencies, bitcoin (BTC) has depreciated by 12 percent week-on-week and has outperformed its closer rivals. For instance,…