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| December 13, 2018

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The Daily: Coinbase Expands Gift Card Program, Facebook Seeks Blockchain Talent

December 11, 2018 |

The Daily: Coinbase Expands Gift Card Program, Facebook Seeks Blockchain Talent

In Tuesday’s edition of The Daily we cover stories about an electronic gift card program that Coinbase is extending to the U.S. market, new job offerings from Facebook that hint at the company’s blockchain plans, and an investment in the field from Unicef.

Also Read: US Law Professor: Confusing Cryptocurrency Regulations Will Hamper Innovation

Coinbase Extends Wegift Partnership to the US

The Daily: Coinbase Expands Gift Card Program, Facebook Seeks Blockchain TalentCoinbase has announced that its trading platform now offers e-gift cards for its customers in the U.S. This means that American users will be able to instantly spend their cryptocurrency balances from the exchange with dozens of new retailers. The development has been achieved by expanding its partnership with the London-based startup Wegift, which supports many well-known brands such as Nike, Tesco, Uber, Google Play, Ticketmaster and Zalando.

Coinbase informed its users that purchasing e-gift cards incurs no withdrawal fees and that bonuses of up to 10 percent make it “smoother than ever to use crypto. Now, you’re just a few clicks away from spending your balance on e-gifts cards for Adidas shoes or your next vacation. Better yet, use some on the holidays — you’re just in time.”

Facebook to Develop Equitable Financial Services?

At the start of 2018, Facebook founder Mark Zuckerberg set a goal for himself to take back power from centralized systems using “encryption and cryptocurrency.” While the year is nearly over and this resolution remains unfulfilled, his company appears to still be focused on the subject. Recently surfaced ads show that Facebook is looking for data scientists and software engineers to help develop new blockchain solutions, possibly including financial services.

The Daily: Coinbase Expands Gift Card Program, Facebook Seeks Blockchain Talent

The company explains to potential candidates that: “At Facebook, we have established a new team building blockchain technologies. It’s a small, fast-growing, but talented group of people who are passionate about changing the world. Our leadership is experienced and are some of the best people working today in their respective fields.”

“The blockchain team is a startup within Facebook, with a vision to make blockchain technology work at Facebook scale. We’re exploring areas of interest across all facets of blockchain technology. Our ultimate goal is to help billions of people with access to things they don’t have now – that could be things like equitable financial services, new ways to save, or new ways to share information.”

Unicef Invests in Six Blockchain Startups

The Daily: Coinbase Expands Gift Card Program, Facebook Seeks Blockchain TalentThe United Nations Children’s Fund (Unicef) has announced that it will provide backing to six blockchain startups from emerging economies trying to solve global challenges using the technology. The Unicef Innovation Fund will invest up to $ 100,000 in Atix Labs from Argentina, Onesmart and Prescrypto from Mexico, India’s Statwig, Utopixar from Tunisia and W3 Engineers from Bangladesh. The financial support is meant to help the companies deliver open-source prototypes of blockchain applications within 12 months.

“Blockchain technology is still at an early stage — and there is a great deal of experimentation, failure, and learning ahead of us as we see how, and where, we can use this technology to create a better world,” said Chris Fabian, Principal Adviser at the fund. “That’s exactly the stage when UNICEF Innovation Fund invests: when our financing, technical support, and focus on vulnerable populations can help a technology grow and mature in the most fair and equitable way possible.”

What do you think about today’s news tidbits? Share your thoughts in the comments section below.


Images courtesy of Shutterstock.


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The post The Daily: Coinbase Expands Gift Card Program, Facebook Seeks Blockchain Talent appeared first on Bitcoin News.

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Your face is your passport: American Airlines launches biometric boarding program

December 9, 2018 |

The use of biometrics to identify air travelers is expanding, with the world’s largest airline launching a program that uses facial recognition technology for some fliers at Los Angeles International Airport.

American Airlines has begun using facial recognition cameras on a 90-day test basis to…


L.A. Times – Business

New York police unveil drone program

December 5, 2018 |

New York City police officials said Tuesday they will deploy drones to assist in rescue missions, traffic-accident investigations and large-scale events, a move that raised privacy concerns among civil-liberty advocates.
FOX News

PR: Coinseed Announces Crypto Cash Back Program

November 2, 2018 |

Coinseed Announces Crypto Cash Back Program

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.

In the US, we all love cash backs as merchants or financial institutions reward small amounts of money to its users for using or buying their products. Well, how about earn that cash back money in crypto instead of good old US dollars?

This is exactly what Coinseed app is doing with their latest product feature. Coinseed lets you invest your spare change in crypto and it makes perfect sense for their users to have this feature.

It takes only 30 seconds to signup on Coinseed and it is completely free. Once you create an account, you can simply select one of the listed online merchants from the app and it will take you straight to the online shop where you can complete your purchase. The list of merchants include Ebay, Walmart, Microsoft, Panasonic and many more. They are continuously expanding this list of merchants.

Once you complete your purchase, you can earn your rewards back in any of the 13 major coins such as Bitcoin, Ethereum and Litecoin. The cash back amount range from 1-8% of the purchase amount. This rate is also getting better over time so join the crowd!

For questions, please contact support@coinseed.co.

Supporting Link
https://coinseed.app.link/4EpzyCJGtR

This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

The post PR: Coinseed Announces Crypto Cash Back Program appeared first on Bitcoin News.

Bitcoin News

GM breaks with Trump administration and calls for nationwide electric-car sales program

October 27, 2018 |

Two of the biggest automakers are pushing back on the Trump administration’s proposed rollback of U.S. fuel-economy standards.

In filings due Friday, General Motors Co. planned to propose that, rather than oppose California’s so-called zero-emission vehicle sales mandate, federal regulators should…


L.A. Times – Business

Teachers sue Navient, alleging it steered borrowers away from accessing loan forgiveness program

October 4, 2018 |

The American Federation of Teachers filed a lawsuit Wednesday against Navient Corp., one of the country’s largest student loan servicing companies, alleging that it steered eligible borrowers away from being able to use a critical student loan forgiveness program.

At the center of the lawsuit —…


L.A. Times – Business

Boeing beats Lockheed for $9.2-billion Air Force trainer program

October 1, 2018 |

Boeing Co. defeated Lockheed Martin Corp. to win its third prize in a recent flurry of defense contracts, snaring a U.S. Air Force contest valued at as much as $ 9.2 billion to build training jets to hone the flying skills of future aviators.

The 351 to 475 training aircraft and 120 ground-based…


L.A. Times – Business

Jeff Bezos says he will invest $1 billion next year in Blue Origin’s New Glenn rocket program

September 20, 2018 |

Jeff Bezos will invest “just over $ 1 billion” next year in Blue Origin’s New Glenn rocket program, and the company will fly people to space “this coming year,” the Amazon.com Inc. chief executive said Wednesday.

Speaking during a keynote address at the Air Force Assn.’s Air, Space and Cyber Conference…


L.A. Times – Business

Russian Industry Association Launching Crypto Certification Program

September 9, 2018 |

Russian Industry Association Launching Crypto Certification Program

The Russian crypto industry association is launching a crypto certification program. Applicants will be evaluated and issued a certificate showing their competency level which can be verified on the association’s website. Training will be offered to those that do not score the required number of points.

Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals

Crypto Certification Program

Russian Industry Association Launching Crypto Certification ProgramThe Russian Association of Cryptoindustry and Blockchain (Racib) unveiled on Wednesday, September 5, the details of its upcoming voluntary crypto certification program.

Formerly known as the Russian Association of Cryptocurrency and Blockchain, Racib announced its name change to the Russian Association of Cryptoindustry and Blockchain on September 6, keeping its acronym unchanged.

Russian Industry Association Launching Crypto Certification ProgramOn September 4, the association approved the concept of crypto trader certification, proposed by its vice president, Andrei Grachev. He revealed that the program will be launched “in the coming month,” RBC reported, adding that the association started developing the criteria for this system in May and the program is now ready to launch.

The certification system will be based on several criteria, the news outlet conveyed, noting that assessments will be made in areas such as “reporting, workflow, customer service, remuneration, risk sharing and profit sharing.” The publication further elaborated:

The competence evaluation will be conducted according to the following criteria: knowledge of technical analysis, knowledge of fundamental analysis, knowledge of semantic analysis, knowledge of risk management, knowledge of money management, skills of drawing up of trading strategy, trading planning skills, margin trading skills, [and] self-control skills.

Program Details

Russian Industry Association Launching Crypto Certification ProgramThe association says “both traders and funds can take part” in this program, the news outlet explained. By traders, Grachev referred to those trading professionally for clients. He noted that the certification “will not be free, because if a person is going to professionally handle this activity and manage other people’s money, he must have some [of his] own capital.”

“There will be several levels” such as basic and professional for “when a person has certain experience and business level,” he told RBC.

“Applicants will receive a certificate confirming the level of their competence. Each registered document has a unique number that can be checked on the organization’s website in the corresponding section,” the publication detailed, adding:

In the event that a trader or fund [manager] can not score the required number of points, he will be offered to undergo training for additional knowledge at the Racib center.

The association has also been keeping a registry of whitelisted crypto companies since July.

What do you think of this crypto certification program? Let us know in the comments section below.


Images courtesy of Shutterstock and Racib.


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The post Russian Industry Association Launching Crypto Certification Program appeared first on Bitcoin News.

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