Archive for February 16th, 2020

Steemit for Sale: Popular Crypto Blogging Platform Sold to Tron, Community Reacts

February 16, 2020 | By | Reply | 28 Readers More
Steemit for Sale: Popular Crypto Blogging Platform Sold to Tron, Community Reacts

Crypto blogging platform Steemit is undergoing a big change, migrating from its own Steem blockchain to the Tron network. The struggling crypto blogging platform launched in 2016 and made waves when big name libertarian users began to make thousands of dollars per post. The platform’s heyday was short-lived, however, and after the departure of co-founder […]

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Chainlink (LINK) Soars To New All-Time Highs Past $4.90. Could The $350K Ethereum Hack Have Caused It?

February 16, 2020 | By | Reply | 40 Readers More
Chainlink (LINK) Soars To New All-Time Highs Past $4.90. Could The $350K Ethereum Hack Have Caused It?

Chainlink (LINK) gained 2.50% in the past 24 hours, ranking as the only top 20 coin in the green [yes, Tether (USDT) is included. In the past few days the market has been largely trading in the green with Bitcoin (BTC) maintaining its par-$10,000 USD level in four of the past seven days pushing the […]

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Larry Harmon Charged with Operating Illegal Crypto Mixing Business

February 16, 2020 | By | Reply | 35 Readers More
Larry Harmon Charged with Operating Illegal Crypto Mixing Business

The Department of Justice (DOJ) has brought forth its first case regarding the crime of bitcoin and crypto mixing. 36-year-old Larry Harmon of Akron, Ohio, has been charged with operating a company known as Helix, a dark web marketplace designed to “clean” illicitly garnered cryptocurrencies by mixing them with others. Harmon Has Been Operating Helix […]

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84 PBOC Digital Currency Patents Show the Extent of China’s Digital Yuan

February 16, 2020 | By | Reply | 34 Readers More
84 PBOC Digital Currency Patents Show the Extent of China’s Digital Yuan

The People’s Bank of China (PBOC) has reportedly filed 84 patents relating to its plans to launch a digital currency. The patents reveal the central bank’s plans which include integrating digital currency wallets into existing retail bank accounts. The potential for the Chinese central bank digital currency to achieve scale from the get-go has put […]

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Under the Justin Sun: A Closer Look at the Tron Empire

February 16, 2020 | By | Reply | 31 Readers More
Under the Justin Sun: A Closer Look at the Tron Empire

Born in China’s Qinghai Province, 29-year-old Justin Sun is the founder and CEO of Tron, one of the largest blockchain networks in the world.  Sun, who holds a master’s degree in East Asian studies from the University of Pennsylvania and a bachelor of arts in history from Peking University, launched the Tron Foundation in Singapore […]

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This Week Gamers Invested $1 Million in Virtual Blockchain Real Estate

February 16, 2020 | By | Reply | 28 Readers More
This Week Gamers Invested $1 Million in Virtual Blockchain Real Estate

This week alone, gamers, virtual reality enthusiasts, and the cryptocurrency community have invested nearly a million dollars worth of real world currencies into virtual real estate generated and maintained by blockchains. The three largest blockchain generated virtual world games, The Sandbox, Decentraland, and Cryptovoxels, all saw the total trading volume of their digital tokens surge […]

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US Worried Crypto Could Undermine Dollar as World Reserve Currency, Hiring Researchers to Prepare Response

February 16, 2020 | By | Reply | 30 Readers More
US Worried Crypto Could Undermine Dollar as World Reserve Currency, Hiring Researchers to Prepare Response

The U.S. Office of the Director of National Intelligence has admitted that cryptocurrency could undermine the U.S. dollar as the world’s reserve currency. The head of the U.S. Intelligence Community is seeking researchers to detail the impact of that status loss on the U.S., its economy, and national security. Also read: Fed Chair Powell Reveals […]

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Crazy Accurate Analyst Who Predicted $6,400 Bottom

February 16, 2020 | By | Reply | 32 Readers More
Crazy Accurate Analyst Who Predicted $6,400 Bottom

There are few Bitcoin traders that have been as accurate as Dave the Wave over the past year. The pseudonymous cryptocurrency trader predicted in the middle of 2019 that the price of the asset would retrace to the mid-$6,000s to enter a “long-term buying zone” after the over-300% rally that brought BTC from $3,150 to […]

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The CIA Secretly Owned Crypto AG, Did They Secretly Create Bitcoin? (Opinion)

February 16, 2020 | By | Reply | 30 Readers More
The CIA Secretly Owned Crypto AG, Did They Secretly Create Bitcoin? (Opinion)

“It was the intelligence coup of the century.” That’s the assessment of the CIA in a classified report obtained earlier this month by an investigation of the Washington Post. The Post made stunning revelations in a report headlined, “How the CIA used Crypto AG encryption devices to spy on countries for decades.” Crypto AG was […]

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India’s Election Commission Developing Blockchain System for Voting

February 16, 2020 | By | Reply | 35 Readers More
India’s Election Commission Developing Blockchain System for Voting

The Election Commission of India is collaborating with the Indian Institute of Technology to develop a blockchain system for voting, the Chief Election Commissioner has reportedly revealed. The new system aims to allow Indians to vote even when they are away from their hometowns. Furthermore, the commissioner has proposed to link voter IDs with Aadhaar. […]

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