Binance backs Signal founder to create a new cryptocurrency for mobile payments
Binance Labs, the blockchain incubator arm of the world’s largest cryptocurrency exchange Binance, has backed Signal founder Moxie Marlinspike’s proposal for a new cryptocurrency with $30 million in funding. It’s called MobileCoin, and it’s being touted as a cryptocurrency meant to enhance the user experience on mobile devices. The idea is to solve the usability, scalability, and privacy concerns associated with existing cryptocurrencies. MobileCoin describes in its white paper that its technical design is targeting enhanced user experience by integrating cryptocurrency into mobile messaging apps like WhatsApp or Signal: A user should be able to install the app, enter a… This story continues at The Next Web
SAN FRANCISCO: Netflix's stock market value ballooned to a record $153 billion on Thursday and eclipsed Walt Disney Co for the first time, making it the world's most valuable entertainment company, following a monumental shift by viewers away from cinemas and cable television.
PRESS RELEASE: YellowPepper today announced the close of its $12.5 million Series D financing, with participation from Visa and current investors. The funding will be used to accelerate the momentum of its digital finance platform, which already powers...