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Digital Wallet Abra Adds 5 More Altcoins Bringing Total To 25 Supported Cryptocurrencies

Digital Wallet Abra Adds 5 More Altcoins Bringing Total To 25 Supported Cryptocurrencies

Digital wallet and exchange service Abra has announced the addition of five cryptocurrencies to its platform, now letting users buy, sell and invest across 25 cryptocurrencies and 50 national currencies, the company announced on Tuesday. Monero, NEM, NEO, Lisk and Verge are joining 20 other cryptocurrencies including Bitcoin, Dash and Ethereum. The move follows the […]

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Square Stock Price Drops Four Percent After Citron’s Bitcoin “Nonsense” Call

Square Stock Price Drops Four Percent After Citron’s Bitcoin “Nonsense” Call

The share price of San Francisco-based credit card processing giant Square dropped by about four percent after Citron Research, an online stock commentary website, criticized Square’s bitcoin trading solution as hyperbolized. The online stock commentator also made a short call on Square stocks, which led to a further drop in value. Citron Research Short Call […]

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BMW, Ford, GM: World’s Largest Automakers Form Blockchain Coalition

BMW, Ford, GM: World’s Largest Automakers Form Blockchain Coalition

Four of the world’s largest carmakers have joined tech providers and startups to form the biggest-ever consortium focused on applying blockchain tech in the automotive sector. Announced Tuesday, the Mobility Open Blockchain Initiative (MOBI) has revealed founding members including BMW, Ford, General Motors and Renault. Also present among the ranks are the car-parts manufacturers Bosch […]

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Square Shares Dip after Citron Labels Bitcoin Strategy “Nonsense”

Square Shares Dip after Citron Labels Bitcoin Strategy “Nonsense”

Andrew Left’s Citron Research has said that the excitement surrounding payments processor Square’s Bitcoin trading product was “overdone.” Labeling Square a “collection of yawn businesses,” Citron tweeted its opinions on April 30, 2018, and sparked an immediate debate on social media around the issue. Citron’s Price Target Well-Informed The tweet reads in part: “Wall St. […]

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