Facebook ventures deeper into blockchain and cryptocurrency space with a new talent acquisition from Chainspace

Facebook, the biggest social media and social networking firm, has been in the limelight in both the Silicon Valley and the cryptocurrency space. The tech firm has been under the scrutiny of regulators and the public ever since the news of Cambridge Analytics scandal broke out. Despite the negative fame, […]

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Facebook Reports Robust Profit, Stock Bounces 12% After Earnings

Better-than-expected profit is a sign that digital advertisers were still flocking to spend money on the service in order to reach customers even after a series of high profile embarrassments for the world’s largest online social media network. Revenue grew 30 percent from a year ago to $16.9 billion while […]

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Future of Banking Will Now Depend on Both TechFin and FinTech Industries

Photo: Pixabay FinTechs and Techfins (Amazon, Apple, Facebook, Google, and Chinese giant, Alibaba) are increasingly targeting financial services. Some so-called “challenger banks” (Starling, Monzo, Varo) have not yet really challenged to a significant degree, but cannot be taken lightly. What makes this particularly dangerous for traditional banks and credit unions […]

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WhatsApp Might Launch Cryptocurrency for Money Transfers

WBack in April 2018, Facebook publicized the launch of its very own blockchain department. The news wasn’t surprising at all, granted that most major companies are experimenting with the technology. However, last week, the social media giant announced the start of a hiring spree, with focus on blockchain experts and […]

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Despite 2018 Bear Market, Top Crypto Markets Have Outperformed FANG Stocks Since 2017

Despite the 2018 cryptocurrency bear trend renewing gleeful predictions of bitcoin’s demise from mainstream financial analysts, the leading crypto markets have dramatically outperformed the ‘FANG’ (Facebook, Apple, Netflix, and Google) stocks since the start of 2017. Also Read: Linkedin Names ‘Blockchain Developer’ Top Emerging US Job of 2018 FANG Stocks Up […]

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