Facebook’s Novi, Strike’s Bitcoin App Spell Trouble for Western Union, Analyst Says

Western Union was downgraded to neutral from buy at investment bank BTIG, which says the company’s money transfer platform may face pressure from free alternatives including Facebook’s new digital remittance app, Novi. BTIG analyst Mark Palmer also sees competition from Strike’s service, which leverages the Lightning Network on the Bitcoin blockchain for free remittances. Jack […]

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How to Invest in Polkadot Parachain Auctions: Parachain Projects 101

Polkadot is building a blockchain ecosystem and it’s far from the ICO craze of 2017.  Polkadot enables an internet where independent blockchains can communicate with each other in a secure, trust-free environment. Polkadot is the brainchild of Ethereum Co-founder Dr. Gavin Wood; it aims to achieve blockchain scalability through parachains, or parallel chains. These parachains […]

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