Regulation is sometimes positioned as the enemy of innovation, an antagonistic force that reduces progress in the name of bureaucracy. However, when implemented sensitively and proportionately, regulation can strengthen a private sector’s reputation by creating the conditions necessary for businesses to focus on and enhance innovation. Getting this right means working with entrepreneurs and providing
Month: November 2020
Cash App, a mobile payment service of Square Inc., generated more than $1.63 billion in bitcoin revenue in Q3 2020, which is an increase of more than 1,000% over the same period last year. The company recently invested 1% of its total assets, or $50 million, into bitcoin. Cash App’s Bitcoin Revenue Soars Square Inc.
Japan’s Nintendo on Thursday hiked the sales forecast for its hit games console Switch to 2.4 crore devices in the year ending March 2021 from 1.9 crore previously, as the COVID-19 pandemic boosts consumer spending on home gaming. The jump in the sales forecast came as the Kyoto-based gaming company reported operating profit for April-September tripled
Flipkart Big Diwali sale 2020 is back again. The Diwali 2020 special sale has kicked off for Flipkart Plus members, 12 hours before the sale goes live for everyone else. This edition of Flipkart Big Diwali sale 2020 will be open until November 13, to take on Amazon’s Great Indian Festival ‘Finale Days’ sale. Flipkart’s
WASHINGTON – Joe Biden is projected to win the U.S. presidential election, according to NBC News, a watershed moment in a deeply divided nation that is facing multiple crises. The call in the race came four days after Election Day, and during close counts in multiple battleground states. President Donald Trump’s campaign has mounted several
Lenovo Legion Phone Duel is listed on the company website, hinting at an imminent launch in the country. The gaming phone was unveiled in July. The listing does not offer any details on pricing or availability. It states that the phone is ‘not sold in India.’ However, Lenovo Legion Phone Duel’s listing on the company’s
OnePlus Watch is back in the news with a fresh leak hinting at a Cyberpunk 2077 Edition of the smartwatch in the offing. OnePlus Watch is not yet official and a recent report suggested that the wearable may have been delayed indefinitely. A tipster shared pictures of the watch straps, marked by the game’s logo
Despite Bitcoin’s (BTC) steep rally in November, the price is consolidating above $15,000 as on-chain analyst, Willy Woo says a blow-off top is unlikely for three main reasons. The three factors are the growing outflow of funds from exchanges, increase in “HODLers,” and data showing that investors already took profit. Bitcoin is moving from exchanges to individual wallets
Speaking at an event on Thursday, Ida Wolden Bache, deputy governor at Norway’s central bank, described a decline in cash payments while elaborating on Central Bank Digital Currencies, or CBDCs. “Only 4% of payments are now made using cash,” Bache said in her speech during Finance Norway’s Payments conference. ”This share is approximately the same as
Maintain your employer brand in a pandemic Read the VentureBeat Jobs guide to employer branding Download eBook For more than a decade, I’ve used Net Applications’ NetMarketShare tool to track the desktop browser and operating system markets. The monthly reports have been critical in gauging which browsers and new versions of operating systems are gaining
Before Facebook shut down a rapidly growing “Stop the Steal” Facebook Group on Thursday, the forum featured calls for members to ready their weapons should President Donald Trump lose his bid to remain in the White House. In disabling the group after coverage by Reuters and other news organizations, Facebook cited the forum’s efforts to
The Secure Access Service Edge (or SASE) has been a very hot buzzword in the past year. A term and category created by Gartner 2019, SASE states that the future of networking and security lies in the convergence of these categories into a single, cloud-based platform. The capabilities that SASE delivers aren’t new and include
While the United States’ election is still undecided, Bitcoin (BTC) is experiencing a major rally as BTC price has nearly reached $16,000 on Nov. 6, the highest level since January 2018. Other asset classes have also been doing well such as Nasdaq, which saw gains of more than 7% in recent days. In the cryptocurrency
On Election Day, Californians chose not only the direction of their government but also the direction of some of the laws that government will administer. With 56% of voters approving it thus far, Proposition 24, also known as the California Privacy Rights Act (CPRA), is on its way to replacing key components of the California
A clumsy trader claims to have “destroyed” their life after inadvertently paying $9,500 in fees for a $120 transaction on the decentralized exchange (DEX) Uniswap. On Nov. 5, Reddit user ‘ProudBitcoiner’ posted that he had accidentally paid 23.5172 Ether (ETH) for a single trade after getting the “Gas Limit” and “Gas Price” input boxes confused
Crypto exchange BLOX received the go-ahead to operate in the Netherlands, making it the first platform to do so since the country implemented the European Union’s 5th Anti-Money Laundering Directive, or AMLD5. “BLOX is the first consumer-focused cryptocurrency company that will be included in the registry of the Dutch Central Bank,” the company said in
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