An attempt to sue Bitcoin.com over allegedly “fraudulently” presenting altcoin Bitcoin Cash (BCH) as Bitcoin (BTC) has gained support from over 1000 people. Bitcoin.com And Bitcoin Cash: Enough Is Enough? The dedicated Telegram group made up of organizers and those who have lost money due to the cryptocurrency news and information outlet’s practices current holds 1016 members at press time April 30. The group has existed less than a week, but already features well-known cryptocurrency figures including Charlie Shrem and Read more …
Month: April 2018
Bitcoin in Brief Monday: Outage Downs Telegram, Bitcoin Shines on a Bank
The Daily Technical Issues, blockchain plans, and bitcoin pranks – we’ve got a colorful selection of news in today’s Bitcoin in Brief. The popular messaging app Telegram was down for some users in Europe and the Middle East over the weekend, but the problem has been resolved. Also, a bitcoin logo appeared on the facade of the Swiss National Bank building in Zurich. Do you want to know who’s behind the idea? Also read: This Week in Read more …
ANZ and IBM Building Blockchain Solution for Insurance Industry
The Australia and New Zealand Banking Group (ANZ) has announced a blockchain solution aimed to improve efficiency in the insurance industry. Working with tech giant IBM and financial services firm Suncorp New Zealand, ANZ is building a blockchain-based platform that will ease the transfer of data and premium payments between brokers and insurers, ultimately making processes faster and more transparent, a press release published Monday states. According to Paul Goodwin, ANZ’s managing director institutional for New Zealand: “This technology will work with Read more …
PR: How Ubex Uses Blockchain to Disrupt the Advertising Market
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. Cupertino, CA – Ubex is looking to drastically change the digital marketing global industry which earned $229 billion in 2017 and will reach a stunning $335 billion in 2020. They will do so using a Read more …
EOS is Valued Higher Than SpaceX in Late 2017 Despite No Working Non-testnet Product
A lot of people keep an eye on the EOS value as of right now. For a project without a working mainnet, its valuation is astronomical. So much even that the project is now valued higher than SpaceX was back in 2017. Speculation is a very real trend in cryptocurrency, but the real value of EOS is a lot different from its current market cap. Hype and Speculation Push the EOS Price As is the case with most other cryptocurrencies, Read more …
Coinsecure Delays Compensation Claims after $3 Million Bitcoin Theft
Join our community of 10 000 traders on Hacked.com for just $39 per month. Indian cryptocurrency exchange Coinsecure is delaying the compensation process for customers impacted by the theft of 438 bitcoins earlier this month. In an announcement on its website on Sunday, Delhi-based cryptocurrency exchange Coinsecure has offered its reason for the lack of progress in reimbursing its users following the $3 million theft of customers’ bitcoins from its wallets over a fortnight ago. ‘While our last mailer [on Read more …
MasterCard Publishes Patent To Speed Up Blockchain Node Activation
MasterCard has filed a patent for a system to speed up the activation of new nodes in a blockchain, in an application published by the U.S. Patent and Trademark Office (USPTO) April 26. The application, which was first filed on October 24, 2016, outlines that the current difficulty facing new nodes – a computer connected to the blockchain network that stores a copy of the blockchain – is that they are required to individually verify a massive amount of data Read more …
Japanese Regulator Sees Boost In Cryptocurrency Queries
Japanese consumers filed over three times the number of enquiries about cryptocurrency trading and initial coin offerings in 2017 as compared to the previous year, according to data released by Japan’s Consumer Affairs Agency (CAA). The numbers were disclosed at the second cryptocurrency exchange study group meeting hosted by Japan’s Financial Services Agency (FSA) on April 27, providing a glimpse into the country’s spiking interest in, and also concerns about, the cryptocurrency space. Citing data compiled by the CAA, the FSA Read more …
Blockchain-Powered Smart Trip Builds Community of Global Travelers
Have you ever tried to plan a foreign journey? If so, you know that it’s not for the weak of heart. With the modern internet offering a seemingly unlimited number of ways to book flights, reserve hotel rooms, rent a car, or do it all in some sort of package, making the right choice is enough to frustrate even the calmest of travel planners. In fact, it can be hard to even find the right destination in the first place Read more …
Bitcoin Price Corrects to $9,200 while EOS Drops 15%, Market Moves Toward $430 Billion
Join our community of 10 000 traders on Hacked.com for just $39 per month. The bitcoin price has slightly corrected to $9,200 after rising above $9,500. The valuation of the cryptocurrency market has increased to $425 billion, moving towards $450 billion, where it was in the beginning of March. EOS Down 15% EOS, the fifth most valuable blockchain protocol in the cryptocurrency market, has declined by more than 15 percent after recording a meteoric rise in price over the past Read more …
Blockchain Trade Finance Is Breaking Proof-of-Concept Gridlock
Global trade is not just a question of moving merchandise from one point to another. Goods do need to move, but they do so through a web of intermediaries, each with distinct priorities and systems. Exporters, importers, banks, truckers, shippers, customs agents and regulators all require checks and verifications at various points along the chain, and each interlocking part depends on successful completion of the previous phase, and of course, on reliable information. It’s no surprise, then, that the application Read more …
Cardano Price Technical Analysis – ADA/USD Surging Higher
Key Highlights ADA price traded sharply higher and moved above the $0.3600 resistance level against the US Dollar (tethered). There is a short-term connecting bullish trend line forming with support at $0.3180 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair is currently correcting lower, but it remains supported around the $0.3400 and $0.3200 levels. Cardano price gained a lot of traction against the US Dollar and Bitcoin. ADA/USD is now in a bullish zone Read more …