The United Parcel Service has invested an undisclosed amount in TuSimple, a self-driving truck company. TuSimple joins UPS’ portfolio of investments in innovative technologies, including blockchain, 3D printing, and artificial intelligence.
Dovey Wan of Primitive Ventures has recently drawn attention to a $3 billion Ponzi scheme perpetrated by fraudulent crypto investment outfit PlusToken.
Ripple’s investment arm, Xpring, recently took part in a $4 million seed round for startup Coil, as well as gifted the fledgling company 1 billion XRP to help build its community.
WeWork’s IPO Will Go to Zero After the First Recession By CCN Markets: There’s a song that says, “one is the loneliest number.” In fact, zero is the loneliest number, especially when it is preceded by a dollar sign. And $0 is where WeWork stock is going to go after the next recession hits, but don’t […]
Bitcoin Rejects Safe-Haven Asset Status in Stock Market BeatingBy CCN Markets: The Dow Jones just suffered its worst performance of the year so far, tanking an eye-popping 800 points. Investors tend to do a flight to safety during times like these, which would include assets such as traditional safe-haven gold and the new kid on […]
Coinbase Commerce, an app that allows merchants to accept payments in crypto, will now offer support for Coinbase’s USDC stablecoin thanks to the February Ethereum network update (otherwise known as Constantinople).
Nevada’s financial regulators have changed their interpretation of what constitutes a money transmitter within the state, declaring that any transfer of value – money, credit, virtual currency, or other – will fall under money transmission laws. This change will require operators of the state’s cryptocurrency kiosks to each obtain a transmitter license.
After its initial letter campaign targeting crypto holders who may not have reported their gains or losses on their tax returns, the Internal Revenue Service’s second round of letters targets those who may have misreported their crypto holdings on tax documents.
Crypto developer education tool FumbleChain is a deliberately flawed blockchain that allows developers to earn fumblecoins every time they find a new flaw to exploit.
Samsung’s private key wallet, the Blockchain KeyStore, initially launched with support for Ether and other ERC-20 tokens. Now, the wallet will support bitcoin, though such support will be limited to Samsung‘s S10 and Note10 devices and be only available in Canada, Germany, South Korea, Spain, Switzerland, the US, and the UK.