The Mediatech industry is expanding at a safe place. Many people are comparing it with the Fintech industry. There are plenty of companies which are making a mark in the Mediatech industry. There are predecessors as well which have grown into a multibillion dollar companies like Spotify, Netflix etc. Similarly,...
Developed by Tencent as a Chinese messaging, social media and payment application, Wechat has suspended a third-party blockchain application that provides contractual agreements to users of the application, according  to Caijing, a local media channel. This mini program, called Xiao Xieyi, which was recently put on the market, enabled to use blockchain technology to make contracts on WeChat and create...
Dow tumbles about 200 points as Apple drags tech lower The employees and officials of tech giant Apple is not feeling good these days. The market stocks of Apple have fallen in the stock market on Friday. The latest data from Wall Street revealed that Apple dropped 4.1 percent. The decline is attributed...
Banks are trying to increase their product offerings as well as the features which they have on offer. In order to do so, they are using the products as well as services of the Fintech industry. Till a few years earlier, most of the banks as well as financial institutions...
Square shares reach a historical intraday increased on Monday. The stock increased over 9.5 percent, as shares changed hands at over 200 percent the typical 30-day volume. Several on Wall Street said to CNBC these were clueless regarding the exact catalyst from the share move. Square shares hit an all-time intraday at...
Most of the Fintech start-ups are able to raise capital pretty easily. The venture capital firms, as well as investors, are pouring in dollars in Fintech start-ups. However, many individuals actually worry about the survival of the start-ups. The finance industry consists of behemoths which are reluctant to know...
US Bank has entered into a partnership with Autogravity (financial technology startup) to be the nation's latest financial institution to serve the car-loving Americans through a streamlined loan-application procedure. Car buyers can access the new online tool of US Bank and choose their car, pick a dealership and acknowledge the...
In the meeting of the House Financial Services Committee, subcommittee on Capital Markets, Securities and Investment, members of the Committee inquired from the experts about the latest technological innovation taking place in the financial world. The meeting titled “Examining the Cryptocurrencies and ICO Markets” was held on 14th March...
What are the prospects for Litecoin to bounce back to all-time high? Litecoin had experienced many bullish and bearish spells over the past years, but it continues to be the best choice for investors amid its fast transaction speed and low fees. According to a report by Recorded Future, Litecoin...
According to Bermuda president David Burt's announcement, Binance is planning to establish a new global hub of integration in Bermuda in the next few months. Speaking at a joint press conference Friday, Burt announced that the Binance Charity Authority has signed a memorandum of understanding about donating $ 10 million for technology-related educational programs. An additional $5 million will be used for blockchain startups. In addition, Binance will...