Categories
News Tech

Samsung Galaxy S10 Comes with a Biometric Feature and New Improvements

The hype around Samsung’s S10 is getting bigger and bigger as days go by. Yes, it is true that there is still a long time to go before the South Korean company is going to unveil this phone but, as it always happens with the release of a new phone, some information is bound to slip by, indicating to the users that the phone will have some state of the art feature or a different design.

When it comes to the Galaxy S10, fans are even readier to hear something about the leak since this phone marks a decade of Galaxy phones, one after the other having better and better features.

The biometric feature leak

Bell, a Korean Publisher, suggested that since the phone is bound to mark 10 years of greatness for the company with this range of phones then they just might use the 3D camera tech and apply it to a fingerprint sensor that will be incorporated into the display. This piece of tech has been in the works for some time, as some of you may know, and Qualcomm has already decided to present and it was also applied to a concept phone that came from Vivo.

If we take into consideration the fact that most companies are working on reducing the side of their phone’s bezels, Samsung being part of that group, this will allow the South Korean company to have the space needed to insert this biometric 3D fingerprint sensor.

Now if things go according to plan we may see the Samsung Galaxy S10 being launched right along with the Samsung Galaxy X, a smartphone that is supposed to be foldable. And if Galaxy X does well on the market then we may expect a future Galaxy S or Galaxy Note phone to become foldable as well.

Categories
Crypto Markets News

Nasdaq Is Up To Becoming A Cryptocurrency Exchange, According To Its CEO

As the cryptocurrencies market is maturing, more and more important institutions and investors are attracted by crypto assets. Now, it’s the turn of Nasdaq to draw attention, as its CEO, Adena Friedman, admitted for CNBC that Nasdaq is open to becoming a cryptocurrency exchange.

During the today’s CNBC’s talk-show, Squawk Box, Adena Friedman declared that “certainly Nasdaq would consider becoming a crypto exchange over time” but also admitted that a more regulated cryptocurrencies market is necessary to bring in more investors.

Cryptocurrencies market are seen as the next normal step towards cryptocurrencies market complete maturation

As Adena Friedman said that cryptos need well-established regulations, so did other leaders of important trading companies, financial institutions, and central banks. Accordingly, many financial leaders consider that cryptocurrencies regulations are meant to improve the crypto market and bring more stability, facts which might bring more investors.

Besides, regulating cryptos will bring financial institutions and governments in a position of a slight control over this market, a fact that thrills them but which makes the crypto traders and holders from within the cryptocurrencies market fear the possible collapse of the crypto coins values against fiat currencies.

Until Nasdaq will become a cryptocurrency exchange itself, it supports the existing ones

“I believe that digital currencies will continue to persist it’s just a matter of how long it will take for that space to mature,” said Adena Friedman.

Today, Nasdaq has stated that it started a collaboration with the cryptocurrency exchange Gemini, owned by Winklevosses twins, which grants Gemini access surveillance technology of Nasdaq in order to make sure they provide reliable and well-regulated exchange platform.

Adena Friedman also explained that with ICOs, the situation is not as easy as it is in the case of cryptocurrencies market. She said that “ICOs need to be regulated and the SEC is right that those are securities and need to be regulated as such.”

In short, it would be a significant gain for the whole cryptocurrencies market if, indeed, Nasdaq would become a cryptocurrency exchange. However, the Nasdaq’s CEO speech on CNBC represents a very positive news for the crypto market, which has proven, once again, that will be a future reliable and stable market.

Categories
Crypto News

Cryptocurrencies Regulations: Russia To Ban Cryptocurrencies Payments And Limit ICO Investments

Russia bans cryptocurrencies payments and also limited any ICO investment to about $160 for any non-accredited investors. This is a part of the cryptocurrencies regulations in Russia, a document that has been submitted to the Lower House of the Russian Parliament on March 20th. The legal document has arrived in the decisional house of the Russian Parliament and could be implemented since the summer.

Despite the pioneering and innovative nature of the document, the implemented regulations are striking. Accordingly, both cryptocurrency and tokens can only be used in Russia as a deposit of value or financial assets but not as a payment method.

Technically speaking, cryptocurrencies payments would not be allowed as they are transactions in exchange for goods or services. However,  nothing would prevent exchanging cryptos to fiat currencies via legal systems and if the payment is made in legal tender.

The Russian cryptocurrencies regulations also aim ICOs

The document is differentiating between accredited and non-accredited investors. Accordingly, non-accredited investors will be limited to only a $160 investment in an ICO, this being definitely a very low investment for such projects.

The bill also establishes the basic data a white paper should contain. Thus, the white paper must show the information on the issuer and the shareholders, structure of the issuer’s governing bodies, the purpose of the ICO, and a full business plan.

The new Russian cryptocurrencies regulations target exchanges, as well

The document also focuses on exchange houses, establishing that they can only be legal if they obtain licenses from brokers, dealers, or securities management companies. Alternatively, they must comply with the requirements established by the Russian federal law regarding the organized markets.

Also, the Russian cryptocurrencies regulations document proposes legal definitions of cryptocurrency mining, cryptocurrencies payments, and smart contract. Thus, it defines cryptos as “goods in an electronic format created using cryptographic methods” and declares that cryptocurrency and tokens are considered digital financial assets.

Categories
Crypto Finance News

WikiLeaks’ Bitcoin Account Suspended by Coinbase

In a surprising recent turn of events it looks like Coinbase, a cryptocurrency firm has just made the elective decision to suspend WikiLeaks’ account on their platform. The reasons for their decision are not completely clear but we are going to be looking at the statements that both Coinbase and WikiLeaks have made and present them to you so that you can have all the information you need in order to form your own opinion on this matter.

How did this happen?

Well, first of all we would like to mention what Coinbase does. The cryptocurrency company specializes in providing a feature that allows online shops to accept different cryptocurrencies as payment. Now how does WikiLeaks fit into this equation? Well, it does not only specialize in uncovering and posting documents that are confidential, they also sell T-shirts and posters and they allow their customers to pay for them in Bitcoin.

This weekend WikiLeaks reported that their account got suspended and that they received a message from Coinbase telling them that they were violating the terms of service, however they did not decide to mention the exact terms that were violated, leaving the context to feel very vague.

Sadly, Coinbase was not available to comment on this issue or to provide their side of things. WikiLeaks took things to the next level by tweeting that they are ready to “call for a global blockade of Coinbase”. We will have to wait and see if things will really take this turn or of the situation is going to be solved in a more amicable manner.

For now, we want to end the discussion by reminding people that WikiLeaks has been in favor of Bitcoin, going so far as to actually invest in it and it does seem natural that they would want to keep their option to receive payments in Bitcoin working in the future.

Categories
Crypto Finance News

Goldman Sachs Plans On Opening A Cryptocurrency Trading Desk

On this Monday, April 23rd, it was reported that Goldman Sachs, a major US investment bank, hired an expert in cryptocurrency trading and was evaluating the possibility of opening a cryptocurrency trading desk.

According to the sources, this trader is Justin Schmidt and joined the ranks of Goldman Sachs the previous week with the position of vice president and leader of the area of cryptocurrencies markets of this firm. Also, spokespersons of the company explained that this is the first time they hired an expert in cryptocurrencies and that they have made this decision due to the growing interest that their clients have in the cryptocurrency trading.

On the other hand, according to sources related to Business Insider, Schmidt would join Goldman Sachs to explore the options the company can have in the cryptocurrencies market, including the launch of a desk of cryptocurrencies investments.

Goldman Sachs would be the first bank in the US to implement a cryptocurrency trading desk

If the possible launch of a trading desk focused on cryptocurrencies materializes, Goldman Sachs would be the first US bank to offer this service to its clients.

Rumors of a possible opening of a cryptocurrency trading desk by Goldman Sachs have been heard since last December since Bloomberg published an article claiming that this bank was planning to launch this trading desk but, back then, officials from Goldman Sachs denied these rumors.

Goldman Sachs already offers its clients some services related to cryptocurrencies since it offers exposure to its clients of the future Bitcoin (BTC) contracts launched by CBOE and CME Group, that is, so far the role of Goldman Sachs in the cryptocurrency market.

Just last week, it became known that Barclays, an investment services company based in London, was studying the launch of its own cryptocurrency trading desk, which would be the first of its kind in Europe. So, more than one important financial institution is evaluating offering this type of services to its clients. We shall see if Goldman Sachs will implement such a crypto-related service soon.

Exit mobile version