Month: May 2018

Join our community of 10 000 traders on Hacked.com for just $39 per month. DOVU, a London, U.K.-based provider of a blockchain-based data marketplace for the transportation industry, recently completed a test with BMW to use ERC-20 tokens and blockchain technology track vehicle mileage, according to a DOVU article posted on Medium. BMW Leasing Arm Supports Blockhain Pilot BMW invited DOVU to participate in its innovation lab, which seeks new and disruptive ideas. The 10-week pilot began Jan.15 at the Read more …

Nothing much from the fundamental end other than this nice recovery in prices in most coins under our radar. Our focus today is Litecoin and how prices are bouncing off  previous support at $160. Because of clear rejection of lower lows, odds are Litecoin shall edge higher today. Let look at these charts: EOSUSD (EOS) EOS 4HR Chart by Trading View If you were expecting moves, then it is disappointing especially if you are a trend trader. Like most of Read more …

Like most coins in the top 10, Ethereum prices is making a recovery. It is up 12 percent in the last week and with this shift of sentiment from the SEC, it is likely that we might see higher highs in the coming sessions. Besides, Casper FFG is now live at GitHub for wider scrutiny meaning that there is a real push from behind the scenes to finally cement Ethereum as a go to platform for DApps and smart contracts. Read more …

The Financial Executives Research Foundation (FERF) has released a report prepared in partnership with one of the ‘Big Four’ accounting and consulting firms Deloitte, on how blockchain technology is being employed in financial applications, Accounting Today reported May 9. The report entitled “Blockchain for Financial Leaders: Opportunity vs. Reality” analyzes how blockchain could affect financial reporting, staffing, and other areas essential to executives. Researchers surveyed a group of financial executives, 30 percent of whom said they “plan to commit resources Read more …

Join our community of 10 000 traders on Hacked.com for just $39 per month. Nasdaq chief executive Adena Friedman is bullish on cryptocurrency, though she says the “jury is still out” on which particular coin or token will ultimately be the one to experience mass adoption. Speaking on the latest episode of CNN podcast Boss Files, Friedman said that cryptocurrency feels like the “right next step in the space of currency” because a “globalized payment mechanism” is a natural fit Read more …

News Just recently the Bitcoin Gold (BTG) developers announced the project’s consensus algorithm Equihash was “threatened” in a blog post called “A Response to the ASIC Threat.” In the post, the BTG project’s team members explain that they might change the cryptocurrency’s current Equihash algorithm due to the recent launch of the Antminer Z9 mining rig. The firm Bitmain Technologies has once again produced a device that breaks the mold of digital currency networks that claim to Read more …

WeChat, a Chinese messaging, social media, and payment application developed by Tencent, has suspended a third-party blockchain application that initiates contract agreements by app users, local news outlet Caijing reported May 9. Xiao Xieyi, a mini-program launched on Wednesday, was promoted as a service to allow users on WeChat to create contract agreements and a unique social media ID using blockchain technology. This reportedly would ensure that the content and users’ identities are authentic and reliable. The app, according to Read more …

Market Updates Cryptocurrency prices have dropped significantly over the past 72 hours after reaching new highs on May 5. When Bitcoin Core (BTC) prices touched a high of $9,940 USD this past Saturday buyers met resistance and the price tumbled to a low of $8,975. BTC prices today are hovering along between $9,100 and $9,400. Bitcoin Cash (BCH) market values touched a high of $1,829 on May 5, but have subsequently dropped to an average of $1,625 Read more …

Join our community of 10 000 traders on Hacked.com for just $39 per month. Popular bitcoin wallet service Electrum has released evidence demonstrating that copycat client “Electrum Pro” is “bitcoin-stealing malware.” First launched in 2011, Electrum has long been one of bitcoin’s most popular wallet clients, and many users trust the wallet for its proven security, ease-of-use, and its support for advanced features like multisig authentication and compatibility with hardware wallets like Ledger and Trezor. Recently, a new wallet that Read more …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. The cryptocurrency market capitalization has dipped following the criticism from the legendary investors Warren Buffett and Charlie Munger. This time, even the founder of Microsoft, Bill Gates opined that he would short Bitcoin Read more …