Archive for February 9th, 2020

Ajay Banga: Too Many Red Flags with Libra

February 9, 2020 | By | Reply | 41 Readers More
Ajay Banga: Too Many Red Flags with Libra

Libra was first announced approximately eight months ago in June of 2019, and for the most part, the reception has been mixed. Why Is Libra Losing So Much Support? Many banks, regulators and members of the public have scoffed at the idea that Facebook – the parent company behind Libra – would seek to enter […]

Read More

Bitcoin’s halving could double production costs for miners

February 9, 2020 | By | Reply | 37 Readers More
Bitcoin’s halving could double production costs for miners

Bitcoin’s surge past the $10,000 mark is, according to many observers, an expected bull run before the halving event slated for later in the year. With Bitcoin’s halving, the scarcity of the king coin is going to increase dramatically and may cement its position as a significant competitor to gold. In a recent Tales from […]

Read More

London-Based Cryptocurrency Exchange LBX Faces Compulsory Liquidation

February 9, 2020 | By | Reply | 41 Readers More
London-Based Cryptocurrency Exchange LBX Faces Compulsory Liquidation

London-based cryptocurrency exchange LBX is the latest digital asset trading venue to face critical difficulties and is now being liquidated. Despite rising crypto prices, which typically lead to an influx of new traders, some regulated exchanges have struggled to survive amidst rising legal fees, compliance costs, and other overheads. Also Read: Crypto Winter Claims Another […]

Read More

Crypto Ban Strikes Again: The Popular Mailing Service MailChimp Bans CryptoPotato’s Account

February 9, 2020 | By | Reply | 43 Readers More
Crypto Ban Strikes Again: The Popular Mailing Service MailChimp Bans CryptoPotato’s Account

Our 20,000 newsletter subscribers may have wondered why they hadn’t received the weekly market update email, as they do on every Friday of the past four years. Unfortunately, CryptoPotato’s mail-service account on MailChimp had been forced closed without prior notice. In a surprising email for the popular email automation platform, they stated: “Our automated abuse […]

Read More

How to Use a U2F Key to Secure Your Crypto Accounts

February 9, 2020 | By | Reply | 44 Readers More
How to Use a U2F Key to Secure Your Crypto Accounts

Universal 2nd Factor (U2F) is an open standard for strengthening two-factor authentication. It involves the use of a physical key to reinforce 2FA, hardening your online accounts from attack. In this guide, we’ll explain how to use a Yubikey to lock down your exchange account, email account, and other valuable online accounts. Also read: German […]

Read More

Tezos [XTZ] Adds 10% To Climb To Top 10 Ranking, Again

February 9, 2020 | By | Reply | 34 Readers More
Tezos [XTZ] Adds 10% To Climb To Top 10 Ranking, Again

Tezos has for the first time this year climbed to become the tenth largest cryptocurrency. This follows a 12% surge in the last 24 hours. It also means that Tezos has once again reached a new year high. With its market cap climbing to over $1.6 Billion, Tezos has overthrown Cardano (ADA) in the top […]

Read More

Chinese Insurance Firms Use Blockchain to Process Coronavirus Claims

February 9, 2020 | By | Reply | 40 Readers More
Chinese Insurance Firms Use Blockchain to Process Coronavirus Claims

Insurance firms in China use blockchain to manage coronavirus-related claims amid the outbreak. English-language local news outlet South China Morning Post reported on Feb. 9 that this month Chinese online mutual aid platform Xiang Hu Bao added the coronavirus to the illnesses eligible for the maximum one-time payout of around $14,300 (100,000 yuan). Blockchain used […]

Read More

Ripple Price Analysis: XRP Stable Above $0.28 Following Bitcoin’s Latest Gains

February 9, 2020 | By | Reply | 42 Readers More
Ripple Price Analysis: XRP Stable Above $0.28 Following Bitcoin’s Latest Gains

XRP saw a small 1.6% price increase over the past 24 hours as the cryptocurrency trades at $0.282. These gains are largely attributed to Bitcoin climbing above $10,000 as XRP fell against Bitcoin itself. XRP remains ranked in the 3rd position with a market cap of $12.37 billion. Key Support & Resistance Levels XRP/USD: Support: […]

Read More

Citigroup and Goldman Sachs Reach a Blockchain Milestone

February 9, 2020 | By | Reply | 42 Readers More
Citigroup and Goldman Sachs Reach a Blockchain Milestone

Citigroup and Goldman Sachs have performed the very first equity swap over the Ethereum blockchain. Citigroup and Goldman Reach a Milestone Such a swap involves one party making a payment to the other in exchange for a return asset. The process is undergoing a period of testing in which an additional 13 organizations will take […]

Read More

Bitcoin volatility ‘appreciating smoothly’ as $10k left in wake

February 9, 2020 | By | Reply | 46 Readers More
Bitcoin volatility ‘appreciating smoothly’ as $10k left in wake

It’s been almost 5 months since Bitcoin fell out of the five-figure heaven, but organic signs are consolidating its return. With the spot price leaving $10,000 in its wake, the market, on both the volatility and volume fronts are showing less erratic and more healthy moves. According to a recent report by Arcane Research, the […]

Read More