#CryptoCorner: Rakuten Acquires #Crypto Exchange, LINE Launches #Cryptocurrency and #Blockchain Network and Yahoo Finance Enables Buying and Selling of Crypto
#CryptoCorner:
Rakuten
Acquires #Crypto Exchange, LINE Launches #Cryptocurrency and #Blockchain
Network and Yahoo Finance Enables Buying and Selling of Crypto
Stocks discussed: (TYO:4755)
#CryptoCorner and Podcast sponsored by Crypto payment tech, #Flip
@FlipToPay ($NXTD) and #AI, #IoT, #Blockchain, #Crypto Technology Company
Gopher Protocol (OTCQB: $GOPH) and Genesis Exchange and Wallet App
Point Roberts, WA, Delta BC - August 31, 2018 - Investorideas.com, a leader
in crypto and blockchain investing news reports on what’s driving the
cryptocurrency markets with today’s edition of Crypto Corner, now available in
podcast.
Listen to today’s Crypto Corner Podcast:
Read this in full at https://www.investorideas.com/news/2018/crypto-corner/08311Rakuten-LINE-Yahoo.asp
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Rakuten Acquires Crypto Exchange, LINE Launches Cryptocurrency and
Blockchain Network and Yahoo Finance Enables Buying and Selling of Crypto
Stocks discussed: (TYO:4755)
We’ve seen a slight recovery in the market over the
past day, with total market capitalization at $225 billion USD and most coins
in the green, according to CoinMarketCap. Bitcoin (BTC) has very nearly recovered its $7000
USD support, as it is trading at $6960 USD at press time.
Rakuten, Inc. (TYO:4755), a Japanese e-commerce giant, has announced the acquisition of crypto exchange Everybody’s Bitcoin from parent company Traders
Investment, Inc. The announcement indicates that the 100 percent acquisition of
Everybody’s Bitcoin will be completed on October 1 at a price of ¥265 million
JPY ($2.4 million USD). The following excerpt details Rakuten’s reason for
wanting to acquire a crypto exchange:
We expect that
the role of cryptocurrency-based payments in e-commerce, offline retail and in
P2P payments will grow in the future. In order to provide cryptocurrency
payment methods smoothly, we believe it is necessary for us to provide a
cryptocurrency exchange function, and have been considering entry into the
cryptocurrency exchange industry as the Rakuten Group.
Another
Japanese company, software giant LINE, has announced that it will
launch its own cryptocurrency, known as ‘LINK’, along with its own blockchain
network, LINK Chain. Designed independently by LINE, LINK will not have an ICO,
but rather will be networked with the use of other existing LINE decentralized
apps (dApps) and used as payments and rewards. The new token will be registered
with LINE’s BITBOX digital asset exchange. LINE CEO Takeshi Idezawa explained
the development of LINK:
“Over the last
seven years, LINE was able to grow into a global service because of our users,
and now with LINK, we wanted to build a user-friendly reward system that gives
back to our users. With LINK, we would like to continue developing as a user
participation-based platform, one that rewards and shares added value through
the introduction of easy-to-use dApps for people’s daily lives.”
In a blog post yesterday,
Yahoo Finance announced that in addition to its listing of over 100
cryptocurrencies, the site will now allow users to buy and sell directly
through the platform. The feature debuted this week on the Yahoo Finance app
for iOS and lets users link their account with TradeIt to buy crypto. Joanna
Lambert, General Manager of Finance and Tech at Yahoo’s parent company, Oath, said:
“As the
leading provider of financial data, insights, and editorial content, we are
constantly looking for ways to better serve audiences on the Yahoo Finance
platform. We first launched our integration with Trade It one year ago,
allowing people to trade on Yahoo Finance for the first time ever. We’re excited to expand this offering to
cryptocurrencies, further connecting our passionate community of investors with
relevant utilities on our trusted platform.”
Sam Mowers, Investorideas
Crypto Corner Sponsors:
Flip™ is the creation of Fit Pay, Inc., a leading provider of
cutting edge payment technology and a subsidiary of NXT-ID (NASDAQ: NXTD).
By leveraging the FitPay Payment Platform™, Flip enables cryptocurrency holders
to seamlessly exchange their cryptocurrency for US dollars and store that value
on a contactless payment device that can be used to make purchases at millions
of retail locations. https://www.fliptopay.com/
Gopher Protocol Inc. (OTCQB: GOPH) is a development-stage company
which consider itself a Native IoT creator, developing Internet of Things
(IoT) and Artificial Intelligence enabled mobile technology. Gopher’s exclusive
licensor filed a non-provisional patent covering a proprietary GRC
Blockchain-Based Radio Generated Digital Currency on June 19, 2018
.Additionally Gopher’s Avant! AI technology has been designed
to supervise the Blockchain System to keep records of all data exchanges. The
AI system will be embedded as an integral part of Gopher’s digital coin
Blockchain system.
GBT is a powerful cryptocurrency
centralized / decentralized exchange which will include a broad range of
services and benefits from cryptocurrency and blockchain markets development,
while avoiding complications and risks arising from crytocurrency ownership,
transfer, and exchange.
The powerful GBTDesk aggregator ensuring exchange of
cryptocurrencies for fiat currencies under smart contracts without
intermediaries is a key element of GBT.
Download
the Genesis Exchange and Wallet App at Google Play
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