Month: November 2018

Twitter Facebook According to several local sources, Coincheck, a major Japanese crypto exchange, is unsure of reopening its exchange after suffering a $500 million hack in January. MineCC, a cryptocurrency miner and analyst based in Japan, reported that Coincheck president Oki Matsumoto said: “I do not know the prospectus of reopening.” Factors Behind the Delay Nine months ago, Coincheck suffered the largest security breach in the history of the cryptocurrency market, losing more than $500 million in XEM, the native Read more …

Key Points Bitcoin cash price dipped sharply and retested the $410 support area against the US Dollar. There was a break above a connecting bearish trend line with resistance at $415 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair could correct lower towards $418 or $415 before it can recover further in the near term. Bitcoin cash price dipped and then recovery quickly above $420 against the US Dollar. BCH/USD could trade towards the Read more …

A developer of decentralized ERC-20 token exchange powered by P2P hypermedia protocol from Protocol labs launches private IT-backed security token. To remove the challenges linked to traditional IPO investing, the security trading platform BaseCore leverages its very own security token: BaseCore token; a stable coin backed by the underlying portfolios of private IT companies. Two major components make up the BaseCore token. An investment element, based on reportedly high-yield assets in the portfolio secured by non-public IT startup assets. A Read more …

Twitter Facebook The verification process of educational credentials in the Caribbean will now be faster after the regional examinations body announced it will begin offering blockchain-based certificates and diplomas to selected candidates. In a statement, the Caribbean Examinations Council (CXC) revealed that it will issue blockchain-based academic certificates starting October 31, alongside the traditional paper-based certificates, to 24,000 candidates who sat their exams in May and June this year. This number consists of the candidates who provided the examinations body Read more …

Promoted The Bitcoin.com Store has now partnered with the company Egifter. Thanks to the collaboration, Bitcoin.com Store patrons can purchase an assortment of over 300 top-branded gift cards to stores and restaurants worldwide with bitcoin cash. Also read: Coinbase Raises $300 Million, Reaching $8 Billion Valuation Over 300 Gift Cards for Food, Entertainment, and Top Retail Brands Last April we re-launched the Bitcoin.com Store, revamping the entire site with the hottest bitcoin merchandise, gear, art, and hardware devices. Ever since, the Read more …

Key Highlights Ethereum classic price extended losses and traded towards the $8.75 level against the US dollar. This week’s followed important bearish trend line is intact with resistance at $9.25 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair may recover a few points, but it is likely to face sellers near $9.20 and $9.25. Ethereum classic price declined further against the US Dollar and Bitcoin. ETC/USD remains in a downtrend as long as the Read more …

Key Highlights Ripple price corrected higher recently and tested the $0.4500 resistance area against the US dollar. There was a break above a key bearish trend line with resistance at $0.4400 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair may correct lower before it could make another attempt to surpass $0.4500-0.4520. Ripple price recovered nicely against the US Dollar and Bitcoin. XRP/USD is likely to clear the $0.4500 resistance to test the next hurdle Read more …

Twitter Facebook Auckland-based cryptocurrency savings and trading platform Vimba has gotten a $330,000 grant from a government entity Callaghan Innovation. Lauding the largesse of the grantor, Vimba CEO Sam Blackmore commended Callaghan Innovation for its belief in the startup. “This is a truly significant investment from Callaghan Innovation and a real show of faith in the future of this very exciting asset class,” he remarked in a press release. Founded in 2014 by a duo of kiwi bitcoin enthusiasts and Read more …

ConsenSys, the ethereum-focused venture studio, has just acquired Planetary Resources, a space venture hoping to mine asteroids. Planetary Resources announced Wednesday that ConsenSys conducted an asset-purchase transaction, taking over the firm, with president and CEO Chris Lewicki and general counsel Brian Israel joining the ethereum-focused startup as a result. The terms of the deal were not disclosed. The company, formed in 2012, was started in the goal of mining asteroids for resources. To date, it has launched a pair of satellites Read more …

Regulation A South Korean district court has ruled that Nonghyup Bank, a major bank in the country, cannot block transactions to the account of cryptocurrency exchange Coinis based solely on the government’s anti-money laundering guidelines. This is reportedly the first time a Korean crypto exchange has taken legal action against a bank for blocking its transactions. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Court Sided With Crypto Exchange The 50th Civil Affairs Division of the Seoul Central District Read more …

Key Highlights ETH price recovered nicely and tested an important resistance near the $198.50 level against the US Dollar. Yesterday’s highlighted major bearish trend line is intact with resistance at $197 on the hourly chart of ETH/USD (data feed via Kraken). The pair must break the $197 and $198 resistance levels to trade further higher in the near term. Ethereum price recovered a few points against the US Dollar and bitcoin. However, ETH/USD faced a strong resistance zone near the Read more …