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Fearless Ripple CEO Keeps Belittling Major Competitors
21.6.2019
Brad Garlinghouse. Source: a video screenshot, Youtube, Bloomberg
As potential new major competitors pop-up one after another and the old ones are overhauling their businesses, Ripple, a California-based blockchain startup focusing on the banking sector, tries not to show that the newcomers might...
Lightning Network Makes Another Important Step Towards Adoption
21.6.2019
A screenshot of the app. Lightning Labs, working on scaling and speeding up Bitcoin transactions, released its first Lightning Mobile App, “the first [Bitcoin] mainnet app on all major mobile and desktop platforms.”
Having already released the Lightning App on desktop, their official announcement...
Bitcoin, ETH, BNB Surging; Other Altcoins Struggling To Catch Up
21.6.2019
In the past two sessions, there were strong gains noted in bitcoin price above the key USD 9,400 and USD 9,500 resistance levels. BTC/USD rallied above USD 9,600 and it even broke the USD 9,800 level. The next stop for the bulls seem to be USD 10,000 in the short term. Similarly, there were strong...
Activation of ETC’s Hard Fork Coming in September
21.6.2019
The Atlantis hard fork, a major upgrade to the Ethereum Classic (ETC) blockchain will be activated in September, the developers have agreed during a public call yesterday.
This will be Ethereum Classic’s first hard fork in over a year, and it comes after disagreements over how and when it should...
Major US Convenience Store Chain Circle K Begins Bitcoin ATM Pilot
21.6.2019
As bitcoin price is getting closer to the USD 10,000 mark, Circle K, one of the United States’ biggest convenience store chains, is set to welcome 20 new Bitcoin ATMs at stores located in Arizona and Nevada as part of a pilot initiative.
The devices will be installed after Circle K sealed a deal...
Bitcoin Rallies, Less Than USD 300 Left on the Road to USD 10,000
21.6.2019
The most popular cryptocurrency, bitcoin, rallied in the past 24 hours, reaching the new high of 2019 and getting closer to USD 10,000, which is considered as a crucial level.
At pixel time (04:40 UTC), bitcoin trades at c. USD 9,750, or almost 5% more than 24 hours ago and is up by 19% in...
Bank of Japan Boss Keen to Follow Facebook's Libra Progress
21.6.2019
Haruhiko Kuroda. Source: a video screenshot, Youtube, Bloomberg
With regulators and financial chiefs around the world lining up to express their concerns and doubts over Facebook’s forthcoming Libra cryptocurrency, it looks like one of Japan’s biggest financial players would rather look on...
This is Why These Two Crypto Companies Joined Libra Association
20.6.2019
Source: Libra, Cryptonews.com
Many discussions have been led about Facebook’s recent announcement of Libra coin planned for launch in 2020, from the regulatory issues to the praises and criticism directed towards it from the crypto community.
One element that needs more attention seems to be...
Competition for Blockchain Companies: the Case of Isle of Man
20.6.2019
The flag of the Isle of Man. As more companies and investors are looking into blockchain-related opportunities, governments around the world are trying to adjust to this trend and lure as many projects as they can.
Fore example, while Lithuania is working on becoming another blockchain...
FOMO is in the Air, Scams are Coming, Warns Antonopoulos
20.6.2019
“SCAMS are coming. Be careful”, warns famous Bitcoin educator, technologist and serial entrepreneur Andreas M. Antonopoulos. The warning is specially directed towards those who are just joining the cryptowrorld as they are the scammers’ easiest pray.
With FOMO (fear of missing out) being “in...
The Incredible Case of Quadriga: Fake Accounts and Lost Millions
20.6.2019
Failed Canadian exchange Quadriga CX was seemingly a fraudulent crypto exchange and does not even “provide any visibility into whether Quadriga was operating profitably or not”, according to the latest report from the QuadrigaCX CCAA (the Companies' Creditors Arrangement Act) monitor. And while...
Bitcoin and Altcoins Struggle at Key Resistance Levels
20.6.2019
Yesterday, we discussed the chances of a fresh increase in bitcoin price above USD 9,200. BTC/USD did climb higher above USD 9,200 and USD 9,300. The price even traded close to the USD 9,400 resistance, where sellers appeared. The price is currently (08:10 UTC) correcting lower, but it is likely...
Facebook’s Libra Facing a World of Regulatory Hurdles
20.6.2019
Facebook and its 27 partners are already running into a number of regulatory headaches from all corners of the globe following the unveiling of its Libra whitepaper earlier this week.
As previously reported, within hours of the social network’s Libra announcement, members of an American House...
Bithumb Hit with Data Leak Charges, Denies Link to Hack
20.6.2019
South Korea’s prosecution authorities have indicted Bithumb, one of the country’s largest cryptocurrency exchanges, accusing the platform of leaking sensitive financial data on around 31,000 of its customers.
However, the company claims that the leak – which prosecutors say occurred in 2017 – and...
Privacy Coins Are Among Best Performers This Week
19.6.2019
Source: iStock/Gregory_DUBUS
Cryptocurrencies that focus on the privacy of their users are among the best performers in the past week, with some of them doubling in value.
What do the numbers show?
The one that seems to be performing the best in the past seven days is Beam, which has been...
EOS Developer Paid USD 30 million for Voice.com
19.6.2019
Block.one, the company behind the EOS blockchain platform, paid USD 30 million in cash for the Voice.com domain, used by their new social media platform.
The news was confirmed by MicroStrategy, a provider of enterprise analytics and mobility software, who sold the domain to Block.one....
Cryptoverse Reached Level 9000 in Trolling Facebook and Libra
19.6.2019
Well, when the cryptoverse plays, it plays hard and directly to the point. This time, a supposedly Hong Kong-based developer targeted the governance structure of the Libra coin project, yesterday announced by Facebook and another 27 organizations.
In the recent update 83, “CRITICAL security vuln...
Tom Lee Has a New Price Target for Bitcoin - USD 40,000
19.6.2019
Tom Lee. Bitcoin is just at the beginning of its bull run, and it will easily surpass its all-time-high, said Fundstrat Global Advisors’ research chief Tom Lee.
According to him, what could power the strong rise in Bitcoin’s price is FOMO (fear of missing out). On Monday, in the note to clients...
Bitcoin and Altcoins Signaling Fresh Bullish Wave
19.6.2019
After bitcoin price traded close to the USD 9,450 level, it started a short term correction. BTC/USD declined below the USD 9,250 support, but the USD 9,000 support acted as a strong buy zone. As a result, the price started a fresh increase and it is currently (08:10 UTC) trading above USD 9,120....
Update Your Firefox Browser, Save Your Crypto
19.6.2019
If you use the Firefox Internet browser, and it’s not Firefox 67.0.3 or Firefox ESR 60.7.1 versions, it’s time for an urgent upgrade, if you want to save your crypto, that is.
Yesterday, Mozilla, the developer of the browser, made an announcement over an issue that has a “critical” impact....