LG Applies for ‘ThinQ Wallet’ Crypto Wallet Trademark in the US

LG Applies for ‘ThinQ Wallet’ Crypto Wallet Trademark in the US

South Korean technology behemoth LG applied for the “ThinQ Wallet” trademark with the United States Patent and Trademark Office. South Korean technology behemoth LG applied for the “ThinQ Wallet” trademark with the United States Patent and Trademark Office (USPTO) on July 2, data published on the official office’s website shows.According to the filing documents, the trademark is for services concerning transaction and settlement services, mobile banking, “issuance of cyber money,” and “payment application software…

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‘PayPal is F*cked’: BitMEX CEO Says Facebook Libra Will Make Banks ‘Dumb Nodes’

‘PayPal is F*cked’: BitMEX CEO Says Facebook Libra Will Make Banks ‘Dumb Nodes’

Arthur Hayes claimed that even if Libra has limited success, PayPal in particular has no chance of succeeding. Facebook’s Libra payment protocol could make central and commercial banks irrelevant, but PayPal has no future anyway, the CEO of derivatives giant BitMEX thinks. Arthur Hayes made the comments in a new interview with Taiwanese news network BlockTempo TV on July 9.Speaking during this year’s Asia Blockchain Summit (ABS), Hayes made grim forecasts for both banks…

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President Maduro Orders The Bank of Venezuela to Accept Petro Crypto

President Maduro Orders The Bank of Venezuela to Accept Petro Crypto

Venezuela’s President Nicolas Maduro ordered the country’s leading bank, Banco de Venezuela, to accept the nation’s cryptocurrency El Petro at all its branches. Venezuela’s President Nicolas Maduro ordered the country’s leading bank, Banco de Venezuela, to accept the nation’s cryptocurrency, the Petro (PTR) at all of its branches, the country’s Finance Ministry tweeted on July 4.According to the tweet, Maduro gave “the express order to open Petro desks in all the branches of the…

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