October 7, 2019

WATCH: Athena’s Bitcoin ATM Business Blooms in Argentina

[embedded content] In this edition of CoinDesk On Location reporter Diana Aguilar talks to Dante Galeazzi, country manager for Athena Bitcoin in Argentina. Athena is one of the first and biggest crypto ATM networks in the country. Athena has become a lifeline for many refugees and the ability to buy and sell bitcoin – and send...
Read More

Microsoft, Intel Back Ethereum-Based Token to Reward Consortium Efforts

The Enterprise Ethereum Alliance (EEA), the consortium charged with creating standards for businesses to build applications using the ethereum blockchain, has created a system of reward tokens to incentivize groups of companies. The system is backed by Microsoft and Intel. Showcased Tuesday at Devcon 5, the annual ethereum developers conference being held in Osaka, Japan,...
Read More

10 Celebrities Who Are Totally Into Bitcoin

Bitcoin used to be synonymous with drugs but now, celebrities of all stripes are turning on to what used to be the obscure money of choice for the internet’s black markets. For instance, what if I told you that a certain Grammy-caliber rapper has accepted bitcoin for an album in 2014? 50 Cent did, and...
Read More

Enterprise Ethereum Alliance’s Reward Token System Backed by Microsoft, Intel

The Enterprise Ethereum Alliance created a new system of reward tokens that receives the backing of software giant Microsoft and Intel. Microsoft and Intel are backing a new system of reward tokens created by the Enterprise Ethereum Alliance (EEA). EEA creates new reward token system The EEA, which sets standards for Ethereum-based blockchain applications in...
Read More

South Korean KB Kookmin Bank Adopts Blockchain to Improve Internal Processes

Major South Korean bank KB Kookmin Bank is planning to integrate blockchain technology into its internal processes. Major South Korean bank KB Kookmin Bank is planning to integrate blockchain technology into its internal processes. As local news outlet Korea JoongAng Daily reported on Oct. 7, the institution said blockchain technology could offer a multitude of...
Read More

Widow of QuadrigaCX Founder Hands Over $9 Million in Assets to Users

The wife of the late founder of Canadian cryptocurrency exchange QuadrigaCX is handing over roughly $9 million in assets. The widow of QuadrigaCX founder Gerald Cotten, Jennifer Robertson, is handing over $9 million in assets to the users of the now-defunct crypto exchange. Robertson returns most of her assets On Oct. 7, Jennifer Robertson announced in a...
Read More

XRP Surges as Bitcoin Dominance Drops, Sparking Altcoin Season Hopes

After facing a sharp sell-off yesterday, Bitcoin was once again able to find support within the upper-$7,000 region, and its recovery back above $8,000 has triggered a notable XRP rally, which is sparking hopes that the next “altseason” is inbound.XRP’s rally today has led analysts to note that its technical strength is currently building, which...
Read More

GE Pension Failure Could Send Investors into Arms of Bitcoin

General Electric (GE) has decided to freeze its pension plan, removing two of the key features that have come to be associated with retirement savings – secure and guaranteed – for tens of thousands of employees. GE isn’t the first company to pull the plug, but as one of the oldest traditional companies in corporate...
Read More

Ethereum’s price recovery may be assisted by breach of falling wedge

Ethereum hasn’t recorded great price movement in 2019, with the altcoin‘s prices going over the $200 mark on several occasions. However, it has not been able to consolidate on these gains. Ethereum was trading at $176.82 at press time, with a minimal gain of 0.97% on the 24 hour chart as per CoinMarketCap. 1-Day Price...
Read More

Grayscale rebalances DLC fund by reducing all altcoins

The digital asset management firm Grayscale Investments announced the completion of its quarterly review to update the weightings of its Digital Large Cap Fund (DLC). The company claims that the DLC Fund is a passive, rules-based strategy that seeks to provide exposure to the large cap segment of the digital asset class (70% target coverage)....
Read More

UK Regulator Ramps up Crypto Investigations and Considers KYC for Wallets

The U.K.’s Financial Conduct Authority (FCA) has been relentlessly scrutinizing cryptocurrency startups and investigations are up 74% from last year. Meanwhile, proponents of decentralized software development models and open collaboration are upset about the FCA aiming to extend KYC/AML regulations to the publication of open source and zero-knowledge software. Also Read: McAfee to Launch Decentralized...
Read More

Has XRP bottomed? Crypto analysts weigh in

As a bullish impulse is underway some of the most prominent crypto analysts believe that XRP may have bottomed against BTC. Crypto analysts weigh in XRP recently reached price levels that have not been seen since 2017. After plunging over 35 percent in less than a week, this cryptocurrency hit a low of $0.21 on...
Read More

Startup Providing Convenient Bitcoin On-Ramp Lands Google Talent

A London-based startup focused on reducing the barrier to entry for Bitcoin use has just announced an exciting new hire. Joining Azteco will be former Google manager Paul Ferguson.Ferguson has more than 15 years experience that he will bring to Azteco. The startup is trying to make getting exposure to Bitcoin as easy as topping...
Read More

CoinField Becomes an XRP Validator and Hitns as Mystery XRPL Project

The numerous cryptocurrency trading platforms in the world need to find ways to stand out from one another. In the case of CoinField, the company has come up with an interesting approach. They now run an official XRP validator, and another new system in the world to promote the use of Ripple’s technology. It is...
Read More

Big Block Stores: Five Retailers That Are Adopting Blockchain Technology

Retail outlets and big box stores are beginning to adopt crypto and blockchain. How are they using it to manage their supply chains and payments? Blockchain technology has massive potential in almost every area of the economy, and retail is one of the biggest sectors. According to a recent Deloitte report, the top 250 retail...
Read More

Crypto Market Continues to Show Green Candlesticks, BTC Recovers to $8,200

Monday, Oct. 7 — Bitcoin (BTC) continues its rebound together with most of the other cryptocurrencies, with notable gainers Chainlink (LINK) and Tron (TRX) breaking 10% gains on the day. Cryptocurrency market daily overview. Source: Coin360 The world’s most popular crypto coin closed the week with a selloff, pushing its price well below the $8,000 mark...
Read More

The Ugly Side of Traditional Banking

Last week the world saw the ugly part of traditional banking, with Turkey suddenly freezing millions of accounts and Hong Kong ATMs being out of cash. Incidents like these encourage people from all social strata to consider safer stores of value (SOVs), with Bitcoin being the first reasonable option. Turkey Freezes More Than 3M Bank...
Read More

Non-Custodial DEX To Launch On Ethereum By John McAfee

Many analysts are predicting big rises for the Proof-of-Stake protocol known as PoS. They all agree on 2020 to be the deciding year for proof of stake blockchains – and a year when the value of these blockchains will finally break out.Two of the most hotly anticipated PoS networks in the industry are scheduled to...
Read More

Economic Dept. of Dubai Unveils Blockchain-Based Business Registry

The Department of Economic Development in Dubai has announced its move to a blockchain-based unified business registry platform (UBRP). According to a Saudi Gazette report on Oct. 7, the platform aims to improve the ease of doing business in Dubai and enable license issuers to manage trade licenses and corporate registries. The Silicon Oasis Authority, the Dubai...
Read More

The Tech Entrepreneur Economy

As the saying goes, knowledge is power. But with the Internet’s birth relatively recently, knowledge can now become money. The e-learning market is expected to reach an astounding $400 billion, and there are many ways to join in. A good way to teach people about a subject is to write an eBook. There are a...
Read More

Widow Of QuadrigaCX’s Founder Will Use Her Funds To Repay Users

The UAE Social Ministry of Community Development (MOCD) will soon host a competition for developing blockchain software in the social sector. As the latest blockchain news today show, this is a major development for applications of this type.Everything started when the MOCD announced the “Social Blockathon” competition with a total prize fund of $16,300 to...
Read More

Social Media Mentions of ‘Altcoin Season’ Tank in October, Data

Social media mentions of “altcoin season” were fewer and far between in the past weeks, after several crashes almost erased the gains made in 2019. Altcoins gave way to growing Bitcoin (BTC) maximalism, as the leading coin outperformed most smaller assets. Hopes for Altcoin Season Seem Lost Research by The TIE shows that mentions of...
Read More

Analysts Anticipate Further Bitcoin Downside Despite Overnight Surge

After briefly dipping into the $7,000 region yesterday, Bitcoin (BTC) has once again been able to maintain this region as a strong level of support, as it has now climbed back to $8,100 during a strong move that followed its drop to lows of just under $7,900.Analysts are now noting that bears are still in...
Read More

Schnorr + Taproot Soft Fork Promises Big Things For Bitcoin

Engineers and developers are continuously working to provide Bitcoin with technological improvements. Now, most likely, the next Bitcoin technological breakthrough will come through the Schnorr + Taproot soft fork. Greater Scalability, Fungibility, and Script Innovation According to Bitcoin Optech contributor Steve Lee, the Schnorr + Taproot soft fork proposal offers “a whole new world of...
Read More

CME’s Bitcoin Futures witness 50% drop in open interest & volume

On September 9th, Bakkt launched its highly-anticipated Bitcoin Futures contract, with its flagship physically delivered BTC contracts stealing all the attention. The open interest in the derivatives market hasn’t been the same. Market volatility has been a bone of contention for CME’s bitcoin futures contracts. Bitcoin Futures Volume on CME from August to September indicated...
Read More

Bitfinex delays K.im token sale to accommodate user base

Kim Dotcom, the creator of Megaupload entered the crypto sector after announcing the launch of his crypto content publishing and monetisation platform, K.im. While the crypto project was scheduled to launch via Bitfinex in October 21, the exchange tweeted regarding a delay, “kim coin token sale has been rescheduled to start on 6th November 2019...
Read More

John McAfee Launches Non-Custodial DEX on Ethereum

John McAfee finally launched his decentralized exchange, McAfeedex.com, after a day of teasers and shilling on Twitter. The launch, set for 5:00 GMT on Monday, is for the beta version of the exchange. No KYC Free-for-all Market McAfee DEX will initially launch with support only for Ethereum-based tokens, meaning the revolutionary exchange will be another...
Read More

DApps Out, DeFi In: Dapp.com Publishes Q3 Report

DApps are only gaining traction slowly – and in some cases losing ground – but DeFi may accelerate the use of blockchain. That’s the TLDR of Dapp.com‘s Decentralized Application Trends Report for Q3 2019, released today. The report highlights several worrying trends for dApps in the third quarter, which posted significantly lower figures than the...
Read More

Price Analysis 07/10: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, ADA

Bitcoin is holding critical support levels, but can it bounce back? Let’s study the charts
Read More

BitMEX to Showcase Power of Bitcoin’s Lightning Network at Upcoming Crypto Conference

The Lightning Conference, an event focusing on the Bitcoin micro payments scaling solution, Lightning Network, has just announced a novel way to help showcase the power of the technology. The ever-important fuel of all crypto conferences, hot, steaming coffee, will be available for a single satoshi, paid via the Lightning Network, at the Berlin event.Helping...
Read More
1 2 3 6