Month: February 2018

With the current push for disruptive blockchain solutions among all industries and the obvious fit for gambling segment, the most pressing issue in the gaming industry today has been about how to harness the power of the technology to create a more equitable and fair model for gambling enthusiasts worldwide. Few platforms have been already conceptualized and some even implemented over the last year. However, there remain few fundamental issues with slow, costly blockchain dependent games with a single house Read more …

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. San Francisco, FACETER, the first vendor of computer-vision surveillance technology powered by a fog network of miners, moves presale launch to a new date — February 5th, 2018 at 7:00am UTC. FACETER started its Whitelisting Read more …

There is nothing worse for cryptocurrency enthusiasts than having one’s Bitcoin balance stolen. If this involves an exchange or online wallet, there’s a chance money will be recovered eventually. In every other case, however, there is no recourse or way to get the money back. This situation temps a few global insurers to offer protection against cryptocurrency theft. It is another positive development for the overall ecosystem. Whether or not people will effectively buy these new insurance products, remains to Read more …

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. In presenting the country’s budget plan for 2018 today, Indian finance Minister doubled down on refusing to recognize cryptocurrencies like bitcoin as legal tender amid talk of a wider crackdown on their usage. Speaking at the Indian Parliament while presenting the Union Budget 2018-19 today, India’s finance minister Arun Jaitley said: The Government does not consider cryptocurrencies as legal tender or coin and will take all measures Read more …

One of the internet’s more controversial social media brands is getting into the crypto-powered fundraising game. Revealed in an SEC filing on Tuesday, the alt-right-leaning Gab let slip it intends to raise $10 million in a forthcoming initial coin offering (ICO). But perhaps most notable about the company’s plan is its decision to take a compliant route to reaching investors. As opposed to opening up its token offering to just any global buyer, Gab will pursue its funding under Reg A+, a Read more …

This year has already witnessed an unprecedented number of new startups with innovative blockchain solutions to everyday problems, and it is only a month old. One such company, previously known as SportyFi, has rebranded to SportyCo but still offers the same innovative approach to sports and athletes. The concept is a unique one which facilitates a change how sports and athletes are being financed to achieve athletic success. There is a lofty entry barrier for professional sports in today’s highly Read more …

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Former ‘big three’ Chinese bitcoin exchange BTCC has been acquired by a Hong Kong-based blockchain investment fund. In an announcement this week, BTCC confirmed its acquisition by a blockchain investment fund based out of Hong Kong. While details remain scarce and the terms of the deal are yet to be disclosed, the acquisition breathes new life into the former bitcoin giant, first known as BTC China, laying Read more …

It often does not take much to generate momentum and an upwards price movement in cryptocurrencies. A shill or an announcement on social media can be enough. A facelift or rebrand is also a good way to get traders looking at the project again. RaiBlocks has done just that with an announcement on a new name to resonate with investors. In a Medium post yesterday the Nano core team announced that as the new brand for RaiBlocks. All altcoins have Read more …

Key Highlights Ethereum classic price recovered slightly after trading as low as $25.47 against the US dollar. There was a break above a crucial bearish trend line with resistance at $27.40 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair is struggling to gain momentum above the $28.00-28.20 and is currently correcting lower. Ethereum classic price is slowly recovering against the US Dollar and Bitcoin. ETC/USD needs to break the $28.00-28.20 resistance for further gains Read more …

A new partnership has been inked between identity startup Cambridge Blockchain and IHS Markit, the U.K.-based data analysis firm. The deal will see Cambridge Blockchain complement IHS Markit’s existing services around anti-money laundering and know-your-customer, CEO Matt Commons said in a statement published today. The technology developed by the Massachusetts-based’s startup will be bridged with IHS Markit’s KYC.com platform. The two firms will effectively apply distributed system concepts to the compliance issues tied to know-your-customer information (KYC), which banks must Read more …