BlockChain

  • The Pandemic Couldn’t Have Provided a Better Environment for Crypto
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    Crypto industry has the best historical moment to change its reputation into a successful innovative tech sector within the finance industry. The Fed opening the floodgates to unlimited standing quantitative easing paired with a $6 trillion stimulus package is an unprecedented event. It’s the most heavy-handed intervention by the Fed… Read more »
  • Bitcoin Cash Could Face 51% Attack for $10,000 in Rented Hashpower
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    The Bitcoin Cash halving triggered an 80% drop in hash rate over less than two days — leaving it vulnerable to a 51% attack. The recent Bitcoin Cash (BCH) block reward halving has wreaked havoc on the cryptocurrency’s hash rate — with an apparent miner exodus plummeting hash power more… Read more »
  • Online Voting Not Secure Even With Blockchain, Says US Association
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    The Center for Scientific Evidence in Public Issues penned an open letter urging officials not to utilize blockchain for U.S. elections. With images from the Wisconsin democratic primary flooding the internet this week showing voters braving hail and cold weather in the middle of a pandemic, Americans may be looking… Read more »
  • Bitcoin Price Suddenly Drops Below $7K, Crypto Market Under $200B
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    The price of Bitcoin dropped below $7K for the first time in four days as traders brace for a volatile weekend ahead. Bitcoin (BTC) price dropped nearly $200 in minutes on April 10 to slide below $7,000 for the first time in four days.Data from Coin360 and Cointelegraph Markets showed… Read more »
  • Texas Cloud Mining Firm Shut Down After Fake Charity Pitch
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    The Texas securities regulator has taken emergency action against a cloud mining firm touting unverified charitable donations. The Texas State Securities Board (TSSB) has taken emergency action against cloud mining firm Ultra BTC Mining for issuing unregistered securities. The emergency cease-and-desist order was jointly filed against Ultra Mining by the TSSB… Read more »
  • Craig Wright’s Lawyers Slam Court Order Based on 'Personal Attacks'
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    Craig Wright’s lawyers have slammed a magistrate’s order they argue is wrong in law and based on personal attacks. Lawyers for Satoshi claimant Craig Wright have strongly criticised a magistrate's order as wrong in law and “based in significant part on personal attacks” against Wright and his Kenyan attorney.Wright‘s team… Read more »
  • Chainlink (LINK) Rallies 149% Since March Bitcoin Price Crash
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    Chainlink leads the crypto market with a 149% rally since Bitcoin price crashed on March 13. This week Chainlink (LINK) is on an absolute tear, gaining 47% over the past four days on strong purchasing volume. The price had dropped by a massive 63.50% from March 11 to March 12… Read more »
  • First Public Bitcoin Fund Listed on Toronto Stock Exchange
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    Canadian fund manager 3iQ has launched what Tyler Winklevoss calls ‘the first public Bitcoin fund listed on a major stock exchange.’ Canadian asset manager 3iQ has become the first firm to launch a fund tied to Bitcoin (BTC) on the Toronto Stock Exchange (TSX), after three years of legal wrangling.‘The… Read more »
  • Grayscale Ethereum Trust Trading at 515% Premium
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    Investors looking for a safer way to buy ETH are willing to pay a premium of more than 500% to buy it via Grayscale’s Ethereum Trust. Investors are paying a 515% premium to buy Ether through the Grayscale Ethereum Trust.It costs $90.55 to buy a share in Grayscale Investments’ Ethereum… Read more »
  • Bitcoin SV Just Finished Its First Halving
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    Bitcoin Satoshi's Vision completed its first halving, reducing its block reward to 6.25 BSV. Bitcoin Satoshi's Vision (BSV) just finished its first halving, roughly two years after forking from Bitcoin Cash (BCH) in 2018. BSV completed its halving at approximately 01:30 UTC. This event marks the reduction of the coin's block… Read more »
  • Top 10 Coins More Correlated Than Ever, but Decoupling From Gold
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    Since Black Thursday, Bitcoin’s correlation with other cryptocurrencies has reached unprecedented heights, while turning negative with gold. Black Thursday has triggered two new trends in Bitcoin’s relationship with other cryptocurrencies and gold.Historically, cryptocurrencies have been highly correlated with one another, especially the top ones. The correlation between cryptocurrencies and gold… Read more »
  • World’s Top Customer Relations Platform Integrates Commercial Blockchain
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    The world’s number one customer relationship management platform Salesforce has integrated a commercial blockchain to serve better its clients. The world’s most popular customer relationship management platform Salesforce has integrated Lition’s commercial blockchain technology.Lition is one of the few public/private blockchains currently supported by a major cloud provider, Microsoft Azure.According… Read more »
  • NEM Community in Uproar as Prez Takes 6-Month Paid Sabbatical
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    NEM Foundation President Alexandra Tinsman announced plans to take a 6-month paid sabbatical amid large-scale restructuring of the coin’s operations. Sections of the NEM (XEM) community were in uproar this week after NEM Foundation President Alexandra Tinsman announced her intention to take a 6-month paid sabbatical. Tinsman’s decision to step back… Read more »
  • Chinese Blockchain Project Awards $1M to Third-Party Developers
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    Nervos Network awarded $1 million dollars from its $30 million fund to several development teams. On April 9, Nervos (CKB), a public blockchain network, awarded $1 million dollars to several teams working on enhancements to its infrastructure. This represents the first of numerous upcoming payouts from the network’s previously announced… Read more »
  • Bitcoin Mining Hardware Maker Reports $148M Net Loss in 2019
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    Canaan’s 2019 total net revenue plummeted to nearly $200 million figure. Nasdaq-listed Bitcoin mining equipment manufacturer, Canaan, reported a net loss of $148 million for 2019, according to the latest financial results filed with the Securities and Exchange Commission (SEC).The latest unaudited Q4 and 2019 financial results from the China-based… Read more »
  • Pomp and Kiyosaki Question the Fed’s Actual Role
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    Anthony Pompliano gave his take on Kiyosaki’s Fed claims, agreeing that the entity may not be what it seems. Morgan Creek Digital co-founder and partner, Anthony Pompliano, expressed his view that the U.S. Federal Reserve may not quite be what it seems. His statement came in response to Robert Kiyosaki’s… Read more »
  • UK Company Paid $2.3M Ranson in Bitcoin to Cybercriminals
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    A Bitcoin ransom was paid by a London-based company after suffering a ransomware attack on their systems. London-based company, Travelex, reportedly paid hackers almost $2.3 million in Bitcoin (BTC) after suffering a ransomware attack on January 11.According to sources quoted by The Wall Street Journal on April 9, the UK… Read more »
  • Anthony Pompliano Discloses His Investment Strategy in Times of Crisis
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    In an exclusive interview with Cointelegraph, Anthony “Pomp” Pompliano explained why Bitcoin is the best asset to protect wealth in the upcoming future. In an exclusive interview with Cointelegraph, Anthony “Pomp” Pompliano explained why Bitcoin is the best asset to preserve wealth in the upcoming future. Pompliano reconfirmed his bullishness on… Read more »
  • Facebook Sues User for Cloaking Ads for Fake COVID-19 News and Crypto Scams
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    Facebook and Instagram file suit against user for cloaking ads for COVID-19 disinformation and crypto scams. Facebook and Instagram filed suit against a user who, they allege, operated a cloaking service that allowed ads for a range of scams to slip through the advertisement reviews for both platforms.Facebook’s accusations and… Read more »
  • Novogratz’ Galaxy Digital Continues Losing Streak in 2019, Posts $33M Q4 Loss
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    Galaxy Digital’s net losses saw some improvement in Q4 2019, down from around $68 million in Q3 to about $33 million. Galaxy Digital, a major cryptocurrency investment bank founded by ex-Goldman Sachs partner, Mike Novogratz, continued its 2018 trend by posting another net loss in Q4 of 2019.According to an… Read more »
  • Bitcoin Cash Halving Results in Miner Exodus and Profitability Decline
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    The first Bitcoin Cash halving sees miner exodus, declining profitability and no significant upward price action. The quadrennial block reward halving for Bitcoin Cash (BCH) has come and gone, with miner rewards dropping from 12.5 BCH to 6.25 BCH. The event marked a pivotal moment for the fifth-ranked cryptocurrency by… Read more »
  • Blockchain Non-Profit Trips Mailchimp and Youtube’s Anti-ICO Clause
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    A registered non-profit saw its Mailchimp account banned for alleged terms of service violations crafted during the initial coin offering boom. Youtube and Mailchimp appear to be continuing their policy of indiscriminate bans in the crypto sphere. The Blockchain Education Network, or BEN, a registered 501(c)(3) non-profit organization, saw its… Read more »
  • Exchange CEO Explains Bitcoin Exploring Uncorrelated Price Action
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    Bitcoin looks to be exploring its own price path, AAX crypto exchange CEO Thor Chan explained. Bitcoin’s price initially dumped alongside the mainstream markets, but now looks to be exploring its own route. “When the stock markets crashed, Bitcoin crashed,” AAX crypto exchange CEO Thor Chan told Cointelegraph. “It appeared that… Read more »
  • If Bitcoin Hits $8K, What Will Happen Next?
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    Charlie Burton and Clement Ip discuss why you should be wary of a move above $8K. Bitcoin has been holding above $7K, but where will its next move take it? Many investors are eyeing $8K as a key level for continuing Bitcoin’s upward momentum and possibly pushing it into a… Read more »
  • Blockchain to Authenticate Coronavirus-Response KN95 Face Masks From China
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    Blockchain technology will be used to ensure the authenticity of Chinese KN95 face masks by leveraging VeChain. As the United States continues to struggle with a shortage of N95 masks needed to combat the deadly coronavirus, the Food and Drug Administration announced on April 3 that it has approved the… Read more »
  • Petro Couldn’t Save the Cartel of the Suns Conspiracy From the Sting of Sanctions
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    Despite the high level of privacy, Venezuela’s national crypto could not help avoid international sanctions nor even cover the illicit activities of the country’s leaders. At the end of February, the United States Immigration and Customs Enforcement revealed its Cryptocurrency Intelligence Program, which targets peer-to-peer and darknet markets for the… Read more »
  • Algorithmic Trading Strategies, Explained
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    Algorithmic trading strategies use data, statistics and code to automate the process of buying and selling — and this can lead to serious benefits for traders who implement them. Where can I begin algorithmic trading with cryptocurrency?There are many websites that offer a variety of trading algorithms, which you can… Read more »
  • Bitcoin Price Ignores $2.3T Fed Cash as Pundit Warns of ‘Sucker Rally’
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    The current $7,000+ price performance is getting a highly suspicious reception from traders, as markets see yet more bailouts. Bitcoin (BTC) braved less volatile but choppy trading on April 9 as the United States Federal Reserve flooded markets with trillions in dollars.Cryptocurrency market daily overview. Source: Coin360Fed rolls out trillions… Read more »
  • Sony and Other Major Multinationals File 212 Blockchain Patents in China in 2020
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    35 multinational companies have applied for 212 blockchain-related patents in China, including Microsoft and Mastercard. China has been a hotspot for blockchain patents and development. As Cointelegraph previously reported, the National Intellectual Property Administration of China has awarded 2,191 blockchain patents between 2017 to 2019.Major multinational companies have also shown… Read more »
  • French Financial Regulator Responds to EU’s Crypto Consultation
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    As the European Commission finished its crypto consultation in March, France’s major financial regulator expressed its stance on the matter. As the European Commission finished its public consultation on cryptocurrency assets in March, France’s major financial regulator stepped in to express its stance on the matter.The Autorité des Marchés Financiers… Read more »