money

Tez is Google’s new mobile payments app for India

Tez is Google’s new mobile payments app for India

Google already has Android Pay but it seems that its digital wallet platform just isn’t enough. At least not for India. There have been rumors circulating that Google plans on launching a new platform for the subcontinent and those rumors have taken flesh today. Adding to the growing number of mobile wallet solutions already in the market, Google is introducing India to Tez with a promise to make dealing with money simpler while at the same time safer.

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Equifax legal storm is brewing, company doesn’t seem to care

Equifax legal storm is brewing, company doesn’t seem to care

The US isn't just being rocked by disastrous hurricanes, it also beset by what is probably the biggest and most disturbing hacking incident in its history. How big? Nearly half of the country's entire population has had their private information stolen from under Equifax's nose. At that scale, it's not surprising that lawsuits are being thrown at it like a Game of Thrones battle scene. But it seems that not only is Equifax pointing the finger at possibly unrelated parties, it might also be prepping to make a profit out of its own "cybersecurity incident".

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Equifax security breach 2017: The Fine Print [UPDATED]

Equifax security breach 2017: The Fine Print [UPDATED]

Equifax members sought information today after the credit reporting firm revealed an unprecedented company-wide security breach. There are approximately 323.1 million people in the United States according to the United State Census Bureau's 2016 census. Equifax announced that their cybersecurity incident (read: hack) impacted approximately 143 million US-based users.

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China bans use of ICOs in fundraising

China bans use of ICOs in fundraising

Bitcoin, the first successful cryptocurrency, promised to disrupt the way we view and use money, and disrupt it did. And like almost all disruptions, it has left some scrambling to make sense of matters, confusing not just plain folk but even and especially governments and lawmakers. Such confusion often leads to regulation that becomes unfavorable to such new systems. Like, for example, China’s new ruling that makes it illegal to use initial coin offerings or ICOs in raising funds for a startup or product.

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Bitcoin Cash is the Bitcoin fork you probably wished wasn’t

Bitcoin Cash is the Bitcoin fork you probably wished wasn’t

As of August 1, 2017, Bitcoin as we know it is no more. Not that we completely grokked it anyway. No, Bitcoin isn’t yet dead, fortunately or unfortunately. Instead, there are now two. Bitcoin has experienced what is called a “hard fork”, essentially a very big split. So now there are two: Bitcoin and something that is now known as Bitcoin Cash. And while both operate in exactly the same manner, the two are almost completely independent, which is going to make things a lot more confusing moving forward.

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As “hacker” steals $7.4M in Ethereum, $ETH price rises

As “hacker” steals $7.4M in Ethereum, $ETH price rises

This morning an incident occurred that sent an apparent $7.4-million USD worth of cryptocurrency Ethereum to a malicious entity. This was more than likely a hacker who laid dormant with backend control over the website from whens the coin was stolen - until this morning. As a rather sizeable ICO (Initial Coin Offering) opened its doors for investors, this hacker changed the website's target wallet. And boom! This secret wallet was full of $7.4-million USD worth of $ETH.

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Mark Cuban called Bitcoin a bubble, now he supports an ICO

Mark Cuban called Bitcoin a bubble, now he supports an ICO

Earlier this year Mark Cuban said that Bitcoin was a bubble - and the price of Bitcoin fell significantly immediately thereafter. The price of Bitcoin returned to basically the same price it'd been before Cuban spoke - then went higher. Since then, it seems, Cuban decided that cryptocurrency isn't as bad an idea as he recently thought - and is participating in his first ICO.

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Why Ethereum crashed this week ($ETH)

Why Ethereum crashed this week ($ETH)

The cryptocoin system known as Ethereum crashed in the middle of the day yesterday due to a single mega-massive trade. While the ticker showed a relatively significant drop in price throughout the day, it was at 12:30PM (on the 21st of June) that a single order kicked the entirety of the Ethereum universe in the pants. Not on all exchanges - not all at once - but the shockwaves were swift and merciless.

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Send money from PayPal to your bank account almost instantly

Send money from PayPal to your bank account almost instantly

PayPal has always tried to make it easier to move money around without actually moving money around. But, despite those conveniences, there are still some processes that are either too involved, impossible, or simply take too long. For example, getting your own money from PayPal into your bank account can take a whole day, which is almost unreasonable when you think about it. Soon however, those in the US will be able to enjoy near instant gratification when they transfer money from PayPal to their bank accounts.

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Why is $POT so high? PotCoin, North Korea, Dennis Rodman

Why is $POT so high? PotCoin, North Korea, Dennis Rodman

Over the past 24 hours, the cryptocurrency known as PotCoin, or $POT, has risen over 81-percent. That's nuts - and it doesn't just happen because a lot of investors suddenly happened upon the little-known coin. The reason PotCoin is suddenly cashing in in a big way has very little to do with its first sponsorship of an American peace-brokering mission with a foreign entity. PotCoin just sent Dennis Rodman to North Korea.

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Why DigiByte’s price is soaring: $DGB, Minecraft, Memes, and Citibank

Why DigiByte’s price is soaring: $DGB, Minecraft, Memes, and Citibank

This morning it became apparent that the cryptocoin called DigiByte ($DGB) was set to skyrocket in price. In the past 24 hours, the price of the coin went up a cool 43%, and beat its own previous top price (from May 21st) - once, and hasn't looked back since. But why - why has DigiByte suddenly turned into the third most traded coin on the market overnight? We've got a few answers.

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This Twitch streamer wants you to play the stock market with his money

This Twitch streamer wants you to play the stock market with his money

Remember the glory days of TwitchPlaysPokemon? Twitch chat was working toward a common goal - beating Pokemon Red and Blue using only chat commands - and for that initial run, it was an incredible sight to see. Now, one Twitch streamer is giving us an evolution of the TwitchPlaysPokemon idea, but there's more at stake than just beating a video game this time around.

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