Amazon Patents Wristband to Monitor Employee Productivity

According to sources, Amazon, the online webstore giant, filed a patent application for a wristband that would monitor employee productivity. These new work “uniforms” would –  “emit ultrasonic sound pulses and radio transmissions to track where an employee’s hands were in relation to inventory bins” Basically, Amazon is able to data track and data mine whether or not employees are actually picking, packing and technically … Continue reading Amazon Patents Wristband to Monitor Employee Productivity

Banco Satander to introduce Blockchain Technology in Q1 2018

“We expect to be one of the first global banks to roll out distributed ledger technology based payments for individuals” Banco Santander will become “the first UK bank to intrudoce Blockchain usage” Santanders plans on achieving this feat through a new app developed in Q1 2018. Santander has been busy testing blockchain technology via transfers and usages, stating: “Once the app is downloaded, users need … Continue reading Banco Satander to introduce Blockchain Technology in Q1 2018

Long Blockchain changes their mind about mining for cryptocurrency

Long Blockchain strategically changed it’s company name in order to ride the wave of the cryptocurrency craze toward the end of 2017. Since the iced tea company’s name change, stock shares soared to a 500 percent increase, while pledging a full on effort to acquire machines in order to mine for cryptocurrency. Plans, however, have changed, dipping shares to a 50% decrease, compared to the … Continue reading Long Blockchain changes their mind about mining for cryptocurrency

The Bee Token confirms phishing attack – $1M in Ethereum stolen

The Bee Token has confirmed that a fake email circulating, offering an ETH bonus, is fraudulent and is attempting to phish users into sending their ETH balance into the culprit’s wallet. The fake email can be seen below: The Bee Token issued an official statement, “Please note that we will NEVER EVER communicate an Ethereum address through an email or Direct Message to you via … Continue reading The Bee Token confirms phishing attack – $1M in Ethereum stolen

6 more weeks of winter for 2018; Groundhog sees his shadow

Another 6 weeks of winter is scheduled for 2018, as Phil, the famous groundhog, emerged from his hole in Pennsylvania today at 7:25 Eastern Time, and saw his shadow. Phil’s predictions have been accurate for the last 104 times, according to records, and this year probably won’t be any different. Looks like you can hold off on that diet plan for another 6 weeks. Continue reading 6 more weeks of winter for 2018; Groundhog sees his shadow

Bitcoin prices continue to fall below $10k threshold

It looks like Bitcoin is having trouble going over that $10k threshold, with prices dropping again in the new year, making long term investors nervous. Bitcoin dipped -13 percent to a week low at around $8,810, on Coinbase, this Thursday morning. It’s good news for new investors buying the dip,  but painful for current “hodl”ers. Continue reading Bitcoin prices continue to fall below $10k threshold

More than 1 Million sign up for Robin Hood’s early access for crypto trading

With crypto exploding in popularity over the last few months, it only made sense for online stock brokerages to begin reaping the benefits. Robinhood, a popular stock trading app,  recently announced they will begin a “no fee – commission free” trading service for Bitcoin and Ethreum in February.  The space is currently dominated by rival trading platform Coinbase, which users often complain of exponentially high … Continue reading More than 1 Million sign up for Robin Hood’s early access for crypto trading

South Korea confirms it has “no intention” to ban cryptocurrency

Finance minister, Kim Dong-Yeon, confirmed today, South Korea has no intention to ban cryptocurrency, ending speculation since January, that a shutdown was imminent. Facing much controversy after his comments of potentially banning cryptocurrency use, the rumors have now been aired, giving the crypto market a little more room to breathe. Meanwhile, Bitcoin and altcoin prices across the board continue to bleed as investors continue to … Continue reading South Korea confirms it has “no intention” to ban cryptocurrency

COINCHECK to Reimburse $425M back to affected users in Hack

The Japanese Crypto exchange, Coincheck, will be reimbursing $425M back to its users who were affected by a series of  database “hacks.” The hack involved around 58B yen that was lost (in NEM coins) which cause Coincheck to shutdown immediately.   The $425M reimbursement will be distributed to the 260,000 users that were affected by the security breach. “We realize that this illicit transfer of funds … Continue reading COINCHECK to Reimburse $425M back to affected users in Hack