China is not launching a central bank-backed crypto in November, says China’s state media outlet the Global Times. | Source: REUTERS / Dado Ruvic China is not launching a central bank-backed crypto in November. That’s what Chinese state media outlet the Global Times said, in refuting a Forbes report. Central bank calls report ‘inaccurate speculation’...Read More
Epic Games is knee-deep in a cleverly orchestrated campaign for the hearts and minds of gamers – weekly free games on the Epic Games Store. | Source: Shutterstock While much of the press coverage dedicated to Epic Games focuses on the ethical merits of tempting developers with lucrative deals and community backlash to exclusivity, the...Read More
If you live in Switzerland, blockchain technology could become part of your next shopping trip. Migros, the largest Swiss retailer, is implementing a “blockchain-based traceability system” to trace fresh ingredients. The new system will help the company keep track of its supply chain, tracking fruit and vegetables from from suppliers to the grocery store counter. ...Read More
Switzerland’s largest supermarket chain and retailer, Migros is turning to blockchain to keep tabs on its supply chain for food. Migros announced the implementation of TE-Food’s blockchain-based food traceability system, Aug. 29. Whilst many retailers are incorporating such systems to provide transparent information to customers, Migros is looking to the technology to optimize processes and...Read More
Telegram’s new blockchain project will be compatible with ethereum, according to a tech startup building tools for the network. The messaging company is expected to release the code to run a node on the Telegram Open Network (TON) on Sunday, allowing users to trial its project in advance of the project’s expected mainnet launch on...Read More
Bitcoin (BTC) functionality was officially integrated into Samsung S10 models, with the features currently being available in a few countries. Tech giant Samsung has completed the integration of Bitcoin into its Blockchain Keystore Software Development Kit (SDK). The newest Galaxy Note 10 will also have the new feature. The announcement for the feature was officially...Read More
NEO Price Analysis (NEO/USD) On today’s intraday chart, NEO/USD has noted a remarkable downside move with a strong bearish trend line formed that also signaled a bearish bias. NEO’s price tumbled from where it began the session at $9.5713 to where is presently trading at $8.6780. Additionally, the moving averages also suggested the downtrend since...Read More
Cardano (ADA) was seen taking a deep dig in the last couple of days. The same bothered the traders as ADA is among the few coins in the market that were moving against the market trend. Well, the traders can now take a sigh of relief. ADA is once again moving up on the chart....Read More
Ethereum could start rallying to the upside in the coming days, according to a textbook technical indicator.Prominent market analyst Jonny Moe noted Ethereum trending inside a Falling Wedge pattern, confirmed by converging trend lines, forming lower highs and lower lows. The ETH/USD instrument is about to reach the apex of Wedge which, according to the...Read More
Cryptocurrencies like Bitcoin represent a new asset class that has the lowest correlation to traditional assets, as well as one the best annual performance records. This is the conclusion of blockchain-oriented hedge fund Pantera Capital, which recommends investors to diversify portfolios by allocating a share of it to cryptos. Bitcoin Has Almost No Correction to...Read More
Several Bitcoin Lightning Network projects have been found to carry vulnerabilities that can potentially cause the loss of crypto funds for their users. Projects that are running Lightning Network nodes have received instructions to upgrade their clients as soon as they can. This warning is also applied to those using the popular Éclair crypto wallet....Read More
A new office building being unveiled today in Norway follows a template that its partners hope will spark greater momentum for a smart city movement designed to slow climate change. Powerhouse Brattørkaia will be the latest and biggest energy-positive building in Norway. Located in the city of Trondheim, which has already been recognized as one...Read More
Litecoin has been dragged through the mud recently after suffering a 13.55% price decline over the past week. This brought its price to $63.93 as it broke beneath a long-term rising support line. Litecoin has now dropped by a substantial 33% in the past 30 days alone as investors wonder how long this could possibly...Read More
San Francisco-based crypto-lending and borrowing firm, Dharma, has clarified that it is not working actively on any projects related to XRP. The question arose on Twitter after the firm announcing its closed beta for Dharma version 2. While addressing the controversy surrounding the alleged case of “XRP dumping,” Ripple CEO Brad Garlinghouse had previously stated...Read More
The four-hour and daily time frames show that Dash is now technically oversold Technical analysis highlights substantial amounts of positive MACD price divergence Dash has fallen to its lowest trading level since March 8th this year, as the popular cryptocurrency has been on a virtual one-way decline since peaking around late June. The Dash /...Read More
A new scam related to Bitcoin ATM has come into our notice. Winnipeg authorities identified a fraudulent scheme that tricks gullible victims into sending Bitcoin to a different address. Scammers post an Out of Order message on ATM. The message says that ATM software is under development. It further warns the user not to deposit...Read More
In response to the AWS collapse, BXB Exchange CEO, Kwun Phite Consunji Lock, was very critical about it stating, “Exchanges need to think more about security and look past the so called cloud servers that can put users data in jeopardy”. On August 23rd, numerous cryptocurrency exchanges collapsed due to the failure of Amazon’s web...Read More
In the first quarter of 2019, cryptojacking campaigns aimed at victims’ PCs to mine cryptocurrencies rose 29%, according to a recent report by security software provider McAfee. Hackers Target Windows PCs to Mine Monero The antivirus maker founded by crypto fan John McAfee discovered that both Windows and Apple ecosystems are equally vulnerable to cryptojacking...Read More
A firm backed by billionaire investor Alan Howard is planning to start a crypto fund worth a billion dollars.Financial Times reported that London-based Elwood Asset Management is working on a venture that would design cryptocurrency portfolios for institutional investors. The financial news service cited Elwood’s chief executive Bin Ren who said their platform would ensure...Read More
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex ETH keeps declining, trading at $169.03 this Thursday. Ethereum in technological deadlock; Buterin does not agree. Istanbul update postponed till November at least. Technical Analysis Looking at the Ethereum on the weekly timeframe, we may see that after the correctional growth to 38.2% Fibo, the quotations are developing...Read More
Velas AG announced the launch of two new cryptocurrency wallets, enabled by the Velas blockchain. It is the world’s first blockchain to implement artificial intuition. Velas Web Wallet enables the creation of wallets using mnemonics. Wallet restore using the mnemonics if credentials lose. Velas Desktop Wallet runs on Windows, macOS, and Linux. Users can store...Read More
Bitcoin price surprises the market by slipping below $10K levels on August 28. Crytpo analysts trace Bitcoin whales moving massive BTC tokens ahead this week. On Wednesday, August 28, Bitcoin price showed a sudden downward movement crashing below $10,000 levels in just a few minutes. The BTC movement surely took the crypto investors by surprise...Read More
INFT tokens are now available on the Bitmax platform for trading. Trading will start from 10:00 PM Singapore time (UTC+8) on August 30th. Bitmax has added two trading pairs – INFT/USDT and INFT/BTC. Both trading pairs are eligible for reverse mining. To promote INFT token usage, Bitmax.io will host 3 promotional events – Lucky Draw...Read More
Cryptocurrency exchange Binance has said that it will learn from the regulatory issues that have plagued Facebook’s proposed Libra digital currency. In an interview, Aug 29, Binance co-founder He Yi claimed that the company will engage with regulators from day one regarding its Venus stablecoin project. He also confirmed previous rumors that Venus will be...Read More
View Bitcoin is on track to test $9,000, having dived out of a narrowing price range earlier this week. The cryptocurrency is likely to end August on a negative note, having suffered losses in July and January. BTC may suffer a deeper price drop over the next few months, possibly to the 200-day moving average...Read More
With months of research, the NIX and Flare Wallet teams have successfully accomplished the first automated privacy swap ever made. NIX and KMD tokens trade using NIX Network’s Ghost protocol. Proof-of-concept privacy swaps also become reality with this protocol. Decentralized Exchanges, allowing cross border access through open-sourced software, does not give users complete privacy. Malicious...Read More
In any financial trading space, market sentiment plays a huge role in deciding the outcome or direction of the price over a certain time period. In the cryptocurrency ecosystem, market sentiment is even more evident and sometimes, it is more important than the fundamental properties of the coin itself. Bitcoin, the world’s largest cryptocurrency, usually...Read More
Bitcoin SV is up over 5 percent on Friday’s trading, leading a stuttering crypto market recovery. | Source: Shutterstock Bitcoin SV (BSV) is delivering better returns than rival assets this Friday even after its founder Craig Wright’s embarrassing loss in a recent courtroom battle. As of 11:00 GMT, the BSV-to-dollar exchange rate was trading more...Read More
In September Nike will release a new line of its Huarache shoes but this time, they will be equipped with FitAdapt technology, allowing users to control the lacing via a mobile app or through Siri. Nike has not yet set a price. Advancement in technology and all of its innovations have uses and applications in...Read More
Blockchains are very powerful, but they aren’t developed with every possibility in mind. How do second-layer protocols provide more capabilities? When Bitcoin was created, it was designed to deliver one thing: basic transactions. However, blockchain technology can be built upon, and Bitcoin and other blockchains have been extended beyond, their original capabilities. These extensions are...Read More