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Beta Voice of EOS Developer Block.one Is Not for Everyone Yet
13.2.2020
Block.one CTO Dan Larimer during the announcement of Voice in June 2019. Tomorrow, Block.one, the company behind the EOS blockchain platform, will be launching the beta version of their decentralized social media platform, Voice. It comes with limitations though.
As promised back in December, Voice...
‘Blockchain Alternative’ Hedera Skyrockets Over 200% on Google Cloud News
13.2.2020
Hedera Hashgraph (HBAR), deemed as a blockchain alternative, has surged in the market over the past couple of days after news came out that the blockchain platform is working with Google Cloud, a suite of cloud computing services, in several areas.
As of pixel time on Thursday (11:00 UTC), HBAR...
XRP Surges After Ripple Signs Deal with Large Egyptian Bank
13.2.2020
XRP, the token associated with the U.S.-based fintech firm Ripple, today soared to its highest level in U.S. dollar terms since July 2019 after the company announced yet another partnership, this time with the National Bank of Egypt, known as the largest state-owned bank in the country.
As...
Bithumb Employee Found Guilty of Security Failings that Led to Hack
13.2.2020
A court in South Korea has found a senior employee at crypto exchange Bithumb guilty of breaches of internet security law. The judge stated that the employee’s actions led to a 2017 hack that saw a raider make off with the personal information of 31,000 customers – and also found the exchange’s...
IRS Says No Taxes on Gaming Cash, Crypto Regulation Remains Hazy
13.2.2020
U.S. taxpayers have been freed from tax obligations on gaming transactions carried out with virtual cash, according to recent language modifications to the Internal Revenue Service (IRS) webpage. However, confusion still remains in the IRS tax regulations for real cryptocurrencies.
The website...
Bitcoin and Altcoins Dip Remains Attractive To Bulls
13.2.2020
Recently, bitcoin price made another attempt to climb above the USD 10,500 resistance area. However, BTC/USD failed to continue convincingly above USD 10,450 and recently started a downside correction. On the downside, there are many key supports near USD 10,050 and USD 10,000.
Besides, there was...
Here’s What Crypto-Related Lawsuits Can Teach Us
12.2.2020
There’s a number of different ways one can get in trouble offering, selling or promoting unregistered and non-exempt tokens or coins, says Barrington Dyer, tech attorney and shareholder at Polsinelly law firm. But the past litigations can teach us a lesson on the blockchain law in the U.S.
When...
Maybe Blockchain Engineering Is Not a Golden Ticket after All
12.2.2020
Are international companies slowing down their once-relentless spate of blockchain hires?
A recent report from jobsearch website Hired suggests that new augmented reality (AR) and virtual reality (VR) engineering jobs are coming up faster than blockchain engineering posts. The firm claims...
USD Coin Issuer Circle Sells Another Business + More News
12.2.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
M&A news
Voyager Digital Canada, the operator of U.S. digital asset broker Voyager and the Ethos Universal Wallet, said it...
Are Chinese Bitcoin Mining Farms Moving to North America and Why?
12.2.2020
Bitcoin (BTC) production is seemingly being shifted to North America from China, which dominates digital coin mining. But if so, what could be the reasons behind it?
At the end of 2019, China's Bitcoin miners controlled some 65% of total hash power, according to CoinShares Research. Also, Chinese...
Ethereum Grows on Gaming Dapps, Tron - on Gambling, EOS - Going Downhill
12.2.2020
Looking into the dapp (decentralized app) ecosystem, things are looking good for Ethereum (ETH) and Tron (TRX), but EOS doesn't seem to have the same fortune.
"While [Ethereum and Tron] are increasing in 2020 January in comparison to 2019 January, EOS is facing a decrease in daily active users...
No Reprieve for LocalBitcoins Traders whose Bitcoin Remains Locked up
12.2.2020
Bitcoin (BTC) traders say they are still waiting to regain access to their tokens two weeks after peer-to-peer cryptocurrency exchange LocalBitcoins quietly suspended their accounts. Account-holders say they have been severely inconvenienced by the move, which has brought their trading operations...
Cryptoverse Cheered on Powell’s Remarks but Missed Warnings
12.2.2020
Jerome Powell at the House Financial Services Committee on Tuesday. Source: a video screenshot, Youtube, Washington Post.
Some crypto market participants believe it’s the remarks by Federal Reserve (Fed) Chairman Jerome Powell on China’s digital fiat that sent bitcoin (BTC) to 5-month highs...
Ethereum and Tezos Surge Most in Top 10 as Altcoins Rally
12.2.2020
Both ethereum (ETH) and tezos (XTZ) surged overnight to post double-digit 24-hour gains, positioning them as two the best-performing cryptoassets among the top 10 coins both over the past 24-hours and for the week.
As of pixel time (10:00 UTC), ETH is up by over 14% over the past 24 hours to...
Japanese Crypto Exchanges Protest as Leveraged Trading Cap Looms
12.2.2020
Cryptocurrency and blockchain industry officials have expressed their displeasure at proposed leverage capping at Japanese exchanges – as a consultation period deadline approaches.
The country’s financial regulator, the Financial Services Agency (FSA), has put forward a proposal that would –...
Bitcoin and Altcoins Restart Uptrend, Climb To New 2020 Highs
12.2.2020
After a short term downside correction, bitcoin price found a strong support above USD 9,650. As a result, there was a strong increase above the USD 10,000 resistance area. The price even broke USD 10,200 and traded to a new yearly high close to USD 10,500.
Also, there were strong gains in most...
Bitcoin Hits New Yearly High After Rallying 4%, Altcoins Turn Green
11.2.2020
After resting for one day below the psychologically important level of USD 10,000, the most popular cryptocurrency, bitcoin (BTC) is back to the five-digit zone after rallying 4% in two hours. Almost all top 100 coins by market capitalization turned green.
At pixel time (17:48 UTC), BTC trades...
Second-Best Month For Bitcoin Futures on CME + More News
11.2.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Exchanges news
Chicago Mercantile Exchange (CME Group), a major financial derivatives marketplace, said today that January 2020...
Crypto Exchange CEO Given Suspended Jail Term after Appeal Fails
11.2.2020
An appeals court in South Korea has upheld a guilty verdict for the CEO of crypto exchange CoinNest. He and two executives were handed a suspended jail sentence.
The exchange, once the country’s third-largest, shut down last year after its Kim Ik-hwan and two senior executives identified only...
Major Food Safety Firm Neogen to Test a Use Case For Blockchain
11.2.2020
U.S.-based food and animal safety Neogen Corporation has partnered with blockchain firm Ripe Technology for tracking food and animal sources.
The connection will allow Neogen to use the Ripe blockchain to track sources for products, as well as resolve issues such as recalls.
Neogen is hoping that...