Month: February 2018

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The cryptocurrency markets succumbed to another mid-week slump on Wednesday, with the majority of top-tier coins posting minor declines. Meanwhile, Bitcoin dominance rose to a two-month high as investors continued to consolidate their holdings back into the flagship cryptocurrency. Source: CoinMarketCap At present, the cryptocurrency market cap is valued at $452.4 billion, down from $459.6 billion on Tuesday. This represents a single-day decline of approximately two percent. Read more …

Dubai’s Roads and Transport Authority (RTA) has announced plans to launch a Blockchain-based vehicle lifecycle management system in 2020 that would provide customers which a history of their vehicle from “the manufacturer all the way to the scrap yard,” local news outlet Arabian Business reported yesterday, Feb. 27. The Blockchain project, formed in connection with the Dubai 10x initiative, would show a transparent record of where each vehicle is at any moment of its life cycle. The initiative plans to Read more …

The US Commodity Futures Trading Commission (CFTC) has formally allowed its employees to trade cryptocurrencies, but maintained its ban on Bitcoin futures participation, Bloomberg reports Wednesday, Feb. 28. The regulator, which together with the Securities and Exchange Commission (SEC) oversee asset and commodity legislation nationally, report that they made the decision earlier this month. The CFTC chief lawyer, general counsel Daniel Davis, wrote in a memo to staff Feb. 5 that in response to “numerous inquiries [sic]” they could freely Read more …

Artificial intelligence (AI) could become a driving factor in what the future holds for global economic growth. As a new production factor, AI can change how work is performed and reinforced, introducing new sources and changing the way humans are perceived in driving business growth. Accenture reported that AI could double yearly economic growth by 2035, and change how work is conducted by fostering new relationships between people and machines. AI’s impact on emerging technologies in developed economies may increase Read more …

International banking giant HSBC is reportedly close to testing blockchain in live transactions. Global Trade Review reports that the bank could launch several pilot programs based on existing proof-of-concept (PoC) projects in an effort to begin transitioning to live blockchain transactions. The move was announced during a private media call earlier this week. HSBC senior innovation manager Joshua Kroeker said at the time that the launch would mark the fruition of trials conducted over the course of two years, including one Read more …

Mohammed and Fred, two residents in the United Arab Emirates (UAE), are two cryptocurrency ‘noobs’ that invested in late 2017, unaware the rally would fade all too quickly. The Tale of Two UAE Bitcoin Investors Cryptocurrencies aren’t new. Wikileaks accepts bitcoin donations since 2011, but it only took the world by surprise in 2017 as the surge in news coverage followed the surge in price and market cap, and vice-versa. Enter Mohammed and Fred, two residents in the United Arab Read more …

Blockchain has transformed a number of industries, one, in particular, is the fintech arena. However, one area that remains largely unexplored is the world of humanitarian aid. In reality, blockchain is perfectly suited for this, as it allows users to create and spread information across a large network of computers, which in itself lends to transparency and security. All very critical factors when dealing with a war-ravaged or hunger-stricken country. Deploying such technology would also help fight corruption, allow for Read more …

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. JPMorgan Chase, the largest bank in the US, has formally acknowledged that cryptocurrencies and blockchain technology could disrupt banks. JPMorgan Admits Cryptocurrencies Could Disrupt Banks The firm made this admission in its annual report, which was dated Feb. 27 and filed with the US Securities and Exchange Commission (SEC). Deep in the 301-page document, JPMorgan — which manages $2.53 trillion in assets according to recent estimates — 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. Education Ecosystem (LiveEdu) has announced that their Education token will be issued to crowdsale contributors and also listed on exchanges this week. CEO, Dr. Michael J. Garbade had this to say, “As ICO contributors know, due Read more …

Economy & Regulation Several lawyers have discussed some of the challenges that arise from cryptocurrency ownership during divorce. The anonymous nature of cryptocurrencies creates the possibility for spouses to accumulate wealth that is concealed from their partner. However, this often can lead to parties searching for “pots of gold” that don’t exist. Also Read: Israeli Supreme Court Forbids Bank From Denying Service to Bitcoin Exchange Cryptocurrency Holdings Complicate Divorce Proceedings Several lawyers specializing in divorce have shared some Read more …