Month: February 2018

Fishbank  — the crypto collectibles fighting game had launched Alpha on Ethereum network this weekend. With more than 200 000 early adopters joined the game it is the next rocket to the moon for sure. One of the first participants of early Fishbank tests — Stefano Oppo, an Italian national team rower, professional Olympic athlete. He acquired a couple of legendary crypto shark tokens to become champions in the decentralized food chain this spring. Every fight brings additional value to his Read more …

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. https://i.redd.it/u9u1ji0kvdxy.jpg In Januray, I spoke about bitcoin’s first bottleneck, the price and the second bottleneck, exchanges. I feel the series needs a brief interruption so that we can discuss, yet again, the price; before we move onto different subjects, more technology related. Some are calling this correction a complete bloodbath. I’ve read in many places how this has to be connected with regulatory scrutiny in eastern Asia: due to Read more …

So it’s time to put forward the next of our bitcoin price watch analyses – this time for a Thursday morning European session. This week has not been a good one. Neither was last week, but this one hurts that little bit more given that price has now fallen and held below the $10,000 mark – a level that people have been watching closely as a key psychological threshold. This suggests that – at least near term – we might Read more …

Bank of England Governor Mark Carney said cryptocurrency is often used for money laundering and other illegal activities. The statement was made when he spoke about the need to inject more transparency into the trading process. No Anonymity for Cryptocurrency users According to Bloomberg he told a committee of lawmakers when speaking to the UK Parliament on Tuesday; “A lot of the underlying use for these currencies has been illicit activity, particularly money laundering, potentially closing a chain which at somewhere Read more …

Amid its blockchain and cryptocurrency pivot, cloud-based content delivery network Xunlei has been hit by two class action suits alleging it distributed false information that materially affected its stock price. According to the two latest filings with the New York Southern District court on Jan. 18 and Jan. 24, respectively, the lawsuits against Xunlei and its CEO Chen Lei, CFO Eric Zhou and Zhou’s predecessor Wu Tao, are being brought by investors who purchased Xunlei stock from Oct. 10, 2017 Read more …

The Square Cash App, an app for sending and receiving fiat currency from the mobile payments company Square, has now made Bitcoin (BTC) trading available for almost all of its users, excluding those in New York, Georgia, Hawaii, and Wyoming. Jack Dorsey, CEO of Square and Twitter, announced the news in a tweet Jan. 31, which also included a short cartoon entitled “My First Bitcoin”, explaining Bitcoin to industry newcomers. Instant buying (and selling, if you don’t want to hodl) Read more …

Online hair and beauty bookings system JOLYY plans to build a Blockchain-powered platform, in a bid to increase its efficiency and lower costs for salons and clients alike. The company believes that the beauty industry is one of the noticeable few markets yet to tap into the enormous potential of digital technologies. Many professionals still rely on a telephone, pen and paper for bookings and customer management. “Many of the existing beauty booking platforms aren’t taking full advantage of the Read more …

News The operator of Japan’s most popular chat app with approximately 168 million monthly users has announced its plans to launch a cryptocurrency exchange. Line Corporation has already begun the registration process as a crypto exchange with the country’s financial regulator. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Line Starting Crypto Business The operator of Japan’s most popular messaging app, Line Corporation, officially announced its plans on Wednesday to launch a cryptocurrency exchange. Read more …

Chinese mobile app company Cheetah Mobile has announced its entry into the world of cryptocurrency wallets. Launching its new SafeWallet, the firm says the so-far Android-only wallet app is designed to be user-friendly, allowing customers to easily manage their cryptocurrency assets. An iOS version is slated to follow soon. With SafeWallet users can send and receive cryptocurrency assets, create multiple wallets and import wallets in a variety of formats, a release says. The app currently supports bitcoin and ether, with Read more …

It seems that governments are falling over themselves to crack down on Bitcoin and cryptocurrencies. Each day politicians from different nations berate the blockchain based digital assets and issue dire warnings over their perceived dangers. Mainstream media picks this up and a FUD party ensues, usually fueling a self-perpetuating selloff. The Indian government is the latest to adopt this mentality by stating that they do not consider cryptocurrencies as legal. According to local media Finance Minister Arun Jaitley raised concerns Read more …

Emerging Markets Venezuela’s oil-backed cryptocurrency, the petro, is a step closer to reality following the release of the official whitepaper. The eagerly anticipated document outlines the token model and crowdsale mechanism that will be used to launch the ethereum-based project in February. Having been officially signed off by president Nicolás Maduro, the whitepaper is finally available for scrutiny and it doesn’t disappoint. Also read: Venezuela Announces Whitepaper and Pre-Sale of Its Oil-Backed Cryptocurrency Petro The $5 Billion ICO Read more …