Archive for November 6th, 2019

Kim Dotcom Token Sale Postponed Over ‘Regulatory Uncertainty’

November 6, 2019 | By | Reply | 15 Readers More
Kim Dotcom Token Sale Postponed Over ‘Regulatory Uncertainty’

In 2017, Kim Dotcom, the founder of the now-defunct file hosting service Megaupload, revealed a similar service called K.im that planned to give anyone the ability to upload files, documents, code, videos, and music files and get paid in crypto for their work. Since then, Dotcom’s team disclosed there would be an exchange sale for […]

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China Merchants Bank International (CMBI) Participates in $72 Million Token Sale of a Public Blockchain

November 6, 2019 | By | Reply | 16 Readers More
China Merchants Bank International (CMBI) Participates in $72 Million Token Sale of a Public Blockchain

A blockchain that claims to solve the problems of Bitcoin and Ethereum, by allowing users to enjoy scalability features without sacrificing their network securities, raised $72 million USD in an October token sale to major firms including Polychain Capital and China Merchants Bank International (CMBI) and Hashkey Capital. Nervos Network, a blockchain-based firm aiming to […]

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Bitcoin Forms Uptrend EMA Support as Case for Bulls Strengthens

November 6, 2019 | By | Reply | 17 Readers More
Bitcoin Forms Uptrend EMA Support as Case for Bulls Strengthens

Bitcoin’s price has been slowly inching higher after briefly visiting its range lows around $9,000 this past weekend, but in order for bulls to maintain their growing strength, it is imperative that they push BTC past its range high resistance level at $9,500. Analysts are now noting that the bull case for Bitcoin may be […]

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Conceal and Reveal: The Evolution of Privacy Coin Technology

November 6, 2019 | By | Reply | 16 Readers More
Conceal and Reveal: The Evolution of Privacy Coin Technology

Privacy can assume many forms and occur on many levels. The technologies that blockchain architects originally envisioned for privacy coins are now being utilized by an array of crypto stakeholders, from enterprises to exchanges. What began as a means of transacting anonymously has spawned a burgeoning industry, built upon technologies designed to conceal, but which […]

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US SEC Report Notes Trading Suspensions, Actions Against Crypto Firms in 2019

November 6, 2019 | By | Reply | 19 Readers More
US SEC Report Notes Trading Suspensions, Actions Against Crypto Firms in 2019

The United States Securities and Exchange Commission (SEC) suspended securities trading of 271 issuers this year, including some digital assets. The SEC released its annual report for the fiscal year of 2019 on Nov. 6, in which the regulator also noted that the number of suspensions is only slightly lower than last year’s 280. 31 […]

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The Fed Plans on Using blockchain but is Ashamed to Admit it

November 6, 2019 | By | Reply | 18 Readers More
The Fed Plans on Using blockchain but is Ashamed to Admit it

In August, the Federal Reserve announced a plan to develop home-brewed ’round-the-clock-real-time payment and settlement service’ in order to support and offer instantly faster payments. Although we all know what is the only way such a financial state could be achieved, the Fed categorematically denies using the terms decentralized, distributed ledger, blockchain, or cryptocurrency.  According […]

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Cardano (ADA) Price Analysis: Primed For More Upsides

November 6, 2019 | By | Reply | 19 Readers More
Cardano (ADA) Price Analysis: Primed For More Upsides

ADA price is gaining bullish momentum above the $0.0425 resistance area against the US Dollar. The price is likely to break the $0.0450 and $0.0465 resistance levels in the near term. There is a key bullish trend line forming with support near $0.0425 on the 4-hours chart (data feed via Kraken). The price is following […]

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In the era of Bitcoin, what is the relevance of Howey Test?

November 6, 2019 | By | Reply | 17 Readers More
In the era of Bitcoin, what is the relevance of Howey Test?

With innovation comes the need to “define.” The need to ‘legally,’ define what Bitcoin, and the other cryptocurrencies is deemed as important to lawmakers as the disruption they were setting about. Thus the question was surfaced, “What is Bitcoin legally?” and more specifically, “Is Bitcoin a security?,” to answer that, the United States Securities and […]

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China Central Bank Official Predicts Stiff Competition Among Banks Upon the Launch of Digital Yuan

November 6, 2019 | By | Reply | 17 Readers More
China Central Bank Official Predicts Stiff Competition Among Banks Upon the Launch of Digital Yuan

A recent statement by Mu Changchun, the head of China’s Central Bank Digital Currency Research Institute claims that China’s digital currency will lead to strong competition among commercial banks. Institutions will compete to provide the best services using digital currencies. Two-Tier Approach With Digital Yuan – Mu Changchun China’s is the first of nations to roll out a […]

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New Wallet Security Solution ‘Far Superior’ to Multi-Sig

November 6, 2019 | By | Reply | 13 Readers More
New Wallet Security Solution ‘Far Superior’ to Multi-Sig

The CEO of Binance claims that a newly open-sourced solution for wallet providers and custodians is “far superior” to multi-sig security and will reshape the industry. In a tweet published on Nov. 6, Changpeng Zhao linked to a new open-source release from Binance, declaring: “I believe TSS (threshold signatures scheme) will reshape the landscape for […]

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