Mastercard Had An Outage, So Crypto Had a Field Day

Payments giant Mastercard suffered a severe outage last week that led to a hold-up in transactions. As reported on July 12 by the Financial Times, it had a global impact, sparking a round of complaints from the payment firm’s customer base. As might be expected, those affected quickly took to social media to voice their frustration […]

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What Crypto Really Thinks About Litecoin’s Banking Ambitions

It was news that was perhaps too strange for crypto’s typically divided reactions. First revealed Wednesday, the Litecoin Foundation, the non-profit that develops the software that powers the sixth-largest cryptocurrency, bought a stake in a very real, non-crypto bank. The move was met with applause and skepticism, but also a stunned sense of disbelief from nearly all […]

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Akoin For Africa? Hope, Cynicism Collide As Singer’s Coin Catches Fire

It’s an undertaking that can’t be exaggerated: Akon – the American-Senegalese R&B singer, songwriter and producer – is creating a new cryptocurrency called “Akoin.” Yes, you heard that right. As Akon tells it, the forthcoming coin will serve as the currency for a yet-to-be-developed city in the country of Senegal. The “Akon Crypto City” will occupy […]

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But Why? Crypto Looks for Answers As Facebook Eases Ad Ban

It hasn’t been a great year so far for Facebook, the social media giant that was once the most popular online platform among America’s youth. While roughly half of teens in the U.S. still use Facebook, according to a survey published by the Pew Research Center this year, the company hasn’t been receiving much love […]

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