Archive for August, 2020

Unstaffed South Korean Stores to Use Blockchain ID Authentication

August 31, 2020 | By | Reply | 16 Readers More
Unstaffed South Korean Stores to Use Blockchain ID Authentication

Source: Adobe/thanakorn New unstaffed convenience stores in South Korea will make use of blockchain-powered ID solutions – after major domestic blockchain firm Coinplug sealed a deal with a retail operator HP Retail and security provider Cubox. Per iNews24, the firms will make use of Coinplug’s MyKeepin platform, lauched in March this year. The deal will […]

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Expect market regulation ‘avalanche’ if Biden beats Trump — Mulvaney

August 31, 2020 | By | Reply | 19 Readers More
Expect market regulation ‘avalanche’ if Biden beats Trump — Mulvaney

Former Trump chief of staff Mick Mulvaney says a Joe Biden presidency would cause an “avalanche” of regulations. Some economists have also voiced concerns that the Biden administration would lead to a stock market pullback.  This has led many crypto analysts to ponder what impact a strong stock market correction would have on the price […]

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Crypto Intelligence Firm Claims Monero (XMR) Tracking Capabilities

August 31, 2020 | By | Reply | 45 Readers More
Crypto Intelligence Firm Claims Monero (XMR) Tracking Capabilities

The security of Monero (XMR) users could soon be at risk after cryptocurrency intelligence firm CipherTrace announced the creation of tools that enable law enforcement to track transactions on the privacy-oriented blockchain. CipherTrace Claims Ability to Track XMR Transactions According to a press release from Aug 31, CipherTrace collaborated with the US Department of Home […]

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Compound (COMP) moves towards a major resistance in a 10% surge

August 31, 2020 | By | Reply | 19 Readers More
Compound (COMP) moves towards a major resistance in a 10% surge

Compound price reached a massive ATH earlier this year. Since hitting this height, the price was caught up in a bearish momentum that took it quite low. COMP seems to have managed to shake off the bears, and is now trying to recover its price. Compound (COMP) is a new cryptocurrency, and a native coin […]

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Decentralized Oracles on Top of Bitcoin’s Network: RIF Gateways and Chainlink Integration

August 31, 2020 | By | Reply | 18 Readers More
Decentralized Oracles on Top of Bitcoin’s Network: RIF Gateways and Chainlink Integration

IOV Labs has announced the integration of RIF Gateways & Chainlink’s decentralized blockchain oracles into its ecosystem, thus enabling developers to access critical price feeds and data resources generated outside the blockchain network. Decentralized Oracles on Top of Bitcoin’s Network The firm’s smart contract platform, the RSK Network, is designed to leverage Bitcoin’s hash power […]

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5 Chinese Banks to Build Blockchain-powered Trade Platform + More News

August 31, 2020 | By | Reply | 16 Readers More
5 Chinese Banks to Build Blockchain-powered Trade Platform + More News

Source: Adobe/amixstudio Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Blockchain news The China Banking Association (CBA), a self-regulating organization that represents China’s banking sector, will team up with the country’s five biggest banks to co-build a blockchain-powered platform for inter-bank […]

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These Simple Factors Suggest Bitcoin May Plunge to $11k Before Surging

August 31, 2020 | By | Reply | 15 Readers More
These Simple Factors Suggest Bitcoin May Plunge to $11k Before Surging

It has been a rocky past couple of weeks for Bitcoin and the aggregated crypto market. Despite some turbulence, BTC bulls have been able to guard against it seeing any significant near-term downside. Late last week, the crypto started gaining some momentum that sent it to highs of $11,600, at which point it faced an […]

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Real Or Ruse? This Bitcoiner Lost 1400 BTC ($16M) After Installing An Old Electrum Wallet

August 31, 2020 | By | Reply | 14 Readers More
Real Or Ruse? This Bitcoiner Lost 1400 BTC ($16M) After Installing An Old Electrum Wallet

An anonymous Bitcoin investor by the name “1400BitcoinStolen” claimed on Sunday that he lost 1400 BTC after “foolishly” installing an old version of the popular Electrum wallet, but turned out to be a phishing scam. A Trap Explaining the unfortunate incident, the victim said he had not been able to access the funds since 2017. […]

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Bulls Resurface As Ethereum Touches $440, What’s Next? (ETH Price Analysis)

August 31, 2020 | By | Reply | 14 Readers More
Bulls Resurface As Ethereum Touches $440, What’s Next? (ETH Price Analysis)

Ethereum surged by a substantial 10% surge over the weekend as it hit a high of $440 today. The cryptocurrency broke above the previously highlighted pitchfork on the 4-hour chart. Additionally, Ethereum penetrated above a falling price channel against Bitcoin over the weekend. ETH/USD – Bulls Re-Test 2020 Highs Key Support Levels: $420, $408, $400. […]

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Bitcoin Analytics 2.0 – Technical Analysis alone won’t cut it for price predictions

August 31, 2020 | By | Reply | 16 Readers More
Bitcoin Analytics 2.0 – Technical Analysis alone won’t cut it for price predictions

Three black crows – The term itself gives one a sense of foreboding and impending doom. It isn’t the only one either, since there are others like Three inside down and Death Cross too. In fact, technical indicators and candlestick patterns today sound more like warnings than tools for predictions. However, many analysts would argue […]

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