Now in Tech: 1/18/2018
Your Daily Dose of Tech News
South Korea considers closing domestic cryptocurrency exchange
middle of the craze of cryptocurrencies, South Korean government is now
considering shutting down domestic exchanges due to excessive speculation and
the digital currencies' involvement in money laundering and crime-related
transactions. The market has been plagued by the news lately and has seen
plunge in major cryptocurrencies.
Apple promises $350 billion investment in US economy
Apple will commit $350 billion investment over five years to US economy, of which $55 billion will be introduced this year to add 20,000 new jobs in this time frame.
Ledger becomes the leader in digital currency wallet
After raising another $75 million for Series B, Ledger, the French startup who has been bringing some of the most secure hardware wallets to the market, is now the leading company in the cryptocurrency wallets. The company sold over 1 million hardware wallets in 2017, compared to only 30,000 in 2016. The money raised will be used for leveling up production and catching up with back-order issues.