Japan Megabanks Kill Joint Blockchain Money Transfer Project, Turn to Their Own Cryptocurrencies

Three of Japan’s biggest banks have canceled a joint project of a blockchain-based peer-to-peer money transfer service. The three so-called Japanese ‘megabanks’, Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group and Mizuho Financial Group, said the joint venture was a duplication of their individual efforts. They thus saw no need to continue, according to the Nikkei Asian Review. Per the Japanese publication, the joint initiative would have allowed their customers to send and receive funds using email addresses or mobile phone numbers via virtual accounts linked to their bank accounts. Japanese Megabanks Partner With Fujitsu As previously reported by CCN

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How Traders Can Make the Most of the Bitcoin Price’s Bearish Turn

The bitcoin price on Tuesday continued to pursue its downward trajectory, albeit finding decent support at one of the downside targets. The climate is not favorable for establishing long-term positions, but a few well-timed day trades can help you make the most out of the market’s recent bearish turn. Bitcoin Price Not Favorable for Long-Term Trades BTC/USD opened the Asian trading hours at $ 3,433, down 0.43 percent from yesterday’s high. The pair fell as much as 2.87 percent as the session matured. It established an intraday low at $ 3,337 before correcting higher during the European trading session. As of 19:00

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How Coinstar Could Turn $62 Million Dollars Worth of Literal Trash into Bitcoin

According to an estimate by recycling and waste management company Covanta Holding Corporation, Americans literally throw away $ 62 million dollars a year worth of spare pocket change. Covanta offered CBS News a theory along with the estimate “that the coins are probably tossed accidentally.” Coinstar to Sell Bitcoin for Pocket Change at US Grocery Stores … Continued

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Investors Probably Didn’t Turn Their Backs on Tilray Cannabis Stocks Today

Tilray’s share price plummeted today on the expiry of its IPO lock-up period. But is the sell-off investors exiting cannabis stocks? Or, is it as simple as Tilray “insiders” cashing in their profits? Tilray’s stock lost 17.24% by the end of trading on the Nasdaq today, wiping out recent day’s gains. With its IPO, Tilray … Continued

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