Binance CFO Rips Facebook’s Blockchain Under Megalomaniac Zuck

Binance CFO Rips Facebook's Blockchain Under Megalomaniac Zuck 1  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

By CCN.com: Facebook CEO Mark Zuckerberg is a megalomaniac who’s launching blockchain and cryptocurrency projects in order to squeeze crypto companies out of the dominance he eventually wants to assert over the space. That’s the opinion of Binance CFO Wei Zhou. Misguided bitcoin evangelists have been heaping praise on Facebook for experimenting with blockchain and for saying it might launch its own digital currency. They believe that having a massive multinational conglomerate like Facebook test out use cases for blockchain is lending legitimacy to the nascent industry. However, Zhou —…

Nike, Telegram, Facebook, and Everyone Else Suddenly Love Blockchain

Nike, Telegram, Facebook, and Everyone Else Suddenly Love Blockchain 2  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

By CCN: Nike is launching a blockchain product. Telegram is launching a blockchain. Samsung is reportedly planning to launch its own token platform; building with Ethereum for the S10 wasn’t enough. Facebook is getting into blockchain. Google still hasn’t done much with it, but JP Morgan now uses it. The list of major corporate names edging in on the crypto space is staggeringly long. Should we be excited or turned off? Big Deal or Nah? For one thing, the development of all these new tokenized platforms is a lot of…

Amazon

Amazon 3  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

By CCN: Amazon’s stock is flat in after-hours trading after the company destroyed earnings estimates, beating them by a sizable amount – more than 50%. Amazon continues to conquer the world with nearly $60 billion in revenue in the first quarter alone, skyrocketing 17% from the comparable quarter last year. Amazon’s annual revenue is now roughly half that of Walmart’s. More than 80% of Amazon’s revenue comes from its e-commerce business. Its Q1 revenue has increased 15-fold over the past 11 years. Amazon’s first quarter revenue: 2019: $59.7 billion2018: $51.0…

Bitcoin Exchange Suffers Trader Backlash Months After Suspicious ‘Fire’

Bitcoin Exchange Suffers Trader Backlash Months After Suspicious ‘Fire’ 4  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

By CCN: A crypto trader provided CCN with documents proving that he has lost around 43 Ether all told after depositing it on BiteBTC on Christmas Eve. As we previously reported, the Bitcoin exchange claimed a fire wrecked its servers, but the exchange claimed crypto wallets were safe. Where There’s Smoke, There’s Fire Nearly every tweet sent by the exchange is answered with multiple complaints about deposit and withdrawal issues. The following is an example, which allegedly shows BiteBTC harassing a complaining user: pic.twitter.com/sq2XRCnBdu — Mtarii2 (@mtaroe2) April 24, 2019…

Yelp

Yelp 6  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

By CCN: As bitcoin’s price experienced a surge this week, it seems merchants and consumers are more interested in crypto than ever. Local-search company Yelp has joined the pact by reportedly adding a filter to help users find merchants that accept cryptocurrency. No matter if you’re looking for a burger bar, dog groomer, or any other kind of business listed on its site, you can now zero in on those that let you pay with crypto. Yelp’s move is reflective of a larger move that the crypto space has craved…

French Banking Giant Issues $112 Million Bond on Public Ethereum Blockchain

French Banking Giant Issues $112 Million Bond on Public Ethereum Blockchain 7  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

By CCN.com: The blockchain bug seems to have bitten French banking giant Societe Generale to a point of no return. A little over a year ago, the third largest bank in France by assets unveiled a blockchain-based trade finance platform for all its corporate clients, the we.trade platform. Now Societe Generale has found another use case for blockchain technology – bond issuance. In a statement, the giant lender has revealed that its covered bond unit, Societe General SFH, has issued its first covered bond on the Ethereum blockchain worth over…

Cashaa Now Accepts Debit, Credit Cards for Crypto Purchases

Cashaa Now Accepts Debit, Credit Cards for Crypto Purchases 8  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Online banking platform Cashaa is set to allow users to purchase bitcoin, ether and Cashaa’s own token, CAS, using major credit and debit cards. This new service is a follow-up to the Business Banking Services Cashaa launched earlier in April 2019, which allows both individuals and private firms to open accounts with Cashaa and accept cryptocurrency payments. According to a company statement shared with Bitcoin Magazine, the service will be available to users all over the world, excluding the U.S. Launched in 2016, Cashaa’s stated mission is to use the…

Twitter Stock Rallies a Ridiculous 16% – Here’s Why You Should Sell

Twitter Stock Rallies a Ridiculous 16% – Here’s Why You Should Sell 9  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

By CCN: Twitter stock (TWTR) surged 16% Tuesday on mammoth first-quarter earnings and massive user growth. The company posted $191 million in net income or 25 cents a share. That’s a 213% increase from the $61 million in net income the company achieved in Q1 2018. The platform also saw a tsunami of new monthly active users (MAUs) since January. With 9 million new users over the period, Twitter destroyed expectations of a 4 million MAU decline. Twitter stock jumped nearly 16% after it smashed earnings expectations. | Source: Yahoo…

Bitcoin Price Rages Beyond $5,600 to Hit New 2019-High; New Rally Boom?

Bitcoin Price Rages Beyond $5,600 to Hit New 2019-High; New Rally Boom? 10  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

By CCN.com: Throughout the past 24 hours, the bitcoin price has recorded an increase of 4.3 percent, surging from around $5,280 to $5,630. In the past month, in less than 30 days, the bitcoin price has surged from $3,900 to $5,630, by nearly 40 percent. Good stuff. Golden cross and all. $BTC pic.twitter.com/KX3LKkyFKv — Alex Krüger (@krugermacro) April 23, 2019 Various technical indicators including long-term indicators such as the moving average convergence divergence (MACD) and exponential moving average (EMA) have shown a trend reversal when bitcoin first crossed $5,000, further…

Lyft Stock Just Keeps Crumbling – WTF Is Going On?

Lyft Stock Just Keeps Crumbling – WTF Is Going On? 11  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

By CCN: Ridesharing company Lyft launched its $2 billion IPO to much fanfare, and investors piled into Uber’s largest competitor ahead of its own massive IPO. Since then, however, Lyft’s stock price has fallen off a cliff and just keeps on dropping, seemingly with no bottom in sight. Why is the market rejecting Lyft, and should investors go anywhere near it anytime soon? LYFT Shares Keep Hitting Lower Lows Unfortunately for Lyft investors, it does seem that a sub-$60 share price is here to stay. Its price chart shows a…