Month: November 2017

Business transactions over blockchain. Fast – Secure – System to System automation. The SophiaTX team has delivered and unveiled a working Proof of Concept that demonstrates how companies can exchange information between their enterprise systems, such as SAP, using SophiaTX blockchain. As per SAP company, its software touches 74% of the world’s transaction revenue and is used by 87% of Fortune 2000 companies. The proof of concept shows the capability of sending a variety of documents and in the demonstration Read more …

The Big Question: What’s going in the Chinese stock market? Main cryptocurrencies say minor losses in early trading on Friday, but quickly regained ground and turned losses into gains. Ethereum had a big day yesterday, surging by more than 10 percent at the most before selling off again. Ethereum ended the day up about 6 percent to $406, breaking through the resistance level at $400. As of Friday morning, ethereum has gained nearly $60 since Monday. Ethereum has also broken Read more …

In a substantially important announcement for cryptocurrencies in South Korea, the second largest bank in the country, Shinhan Bank, has announced that it is in the process of building cryptocurrency wallets for customers to store their digital assets securely. The report comes after Bithumb servers crashed in November, and private data for 30,000 users was leaked in June. The new service would be more secure than outside services, according to the bank’s spokesman. The bank will offer deposits with no fee, but withdrawals will Read more …

The Philippines’ Securities and Exchange Commission (SEC) has announced that it is considering steps to legalize the use of digital currencies in the country by classifying them as securities. The move comes following the financial regulator’s issuance of regulations for the cryptocurrencies like Bitcoin earlier in 2017. The Manila Times reported that SEC Commissioner Emilio Aquino stated in a news conference in late November 2017 that the agency plans to consider virtual currencies as securities so that they can be Read more …

The Chicago Board Options Exchange (CBOE) has released its new Bitcoin derivative contract specifications in late November 2017, with the product itself to be introduced in the market in the next few weeks. With the move, the exchange follows other financial institutions in introducing Bitcoin futures products. The CBOE will use the XBT ticker for its new products. The ticker is exactly the same as the one being used by Bitcoin exchange Kraken in its platform. It is also expected Read more …

This year’s Money 20/20 Conference, which took place in Las Vegas in October, was a huge success as a star-studded lineup of technology decision makers brought their expertise to bear on topics from artificial intelligence (AI), cryptocurrency, finance and tech, peer-to-peer (P2P) payment systems and even Star Wars. The three day affair kept audiences educated and entertained, and participants left with a clear vision for what the future holds for the tech industry. Technology is rapidly changing, and as the Read more …

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. At a time in which bitcoin cash (BCH) surges to $1,680, the cryptocurrency’s lead developer, Deadal Nix, stated that Bitcoin itself is dead as it split into two back in August. According to him, there is now bitcoin cash and bitcoin core/Legacy. Bitcoin is dead. It was split in two. There is bitcoin cash, and bitcoin core/legacy. Deal with it. https://t.co/8W1OprrGSF — Deadal Nix (@deadalnix) November 21, Read more …