An Ethereum Classic (ETC) development organization is warning the public against a possible scam that is attempting to exploit users the day after the altcoin completed its hard fork. In a tweet posted by the ETC Cooperative on Jan. 13, they ousted an alleged scam calling itself “EAgharta” in resonance with ETC’s bona fide “Agharta” hard fork: “Needless to say, ‘EAgharta’ is a complete scam, probably from the same people who did something very similar at Atlantis. Stay away. ETC Read more …
Advertisment Delivering AI, IoT, and blockchain solutions for environmental sustainability enabled by smartphone cameras TAIPEI, — In the past few years, scientists and IoT companies have inserted a tremendous number of sensors in farms and natural environments to collect environmental data. However, an overabundance of sensors designed for this purpose and the lack of a proper recycling system would only exacerbate existing technology pollution issues, i.e., more electronic garbage or e-waste. Flowchain, an IoT Blockchain company based in Singapore, is aware Read more …
Over the past seven months, analysts have been wondering when the crypto market is going to revert back to a bull phase. Related Reading: Ripple CEO: These 3 Key Reasons Are Why XRP is Not a Security You see, when Bitcoin started rallying from $4,000 higher in early-2019, analysts and investors thought this was the start of a new bullish paradigm for the cryptocurrency market. But, they were sorely mistaken when BTC fell by 50% from its peak and crypto assets Read more …
Advertisment LONDON, — UK-headquartered global financial technology company TigerWit is proud to announce that it has been accredited with a Financial Services licence from Hong Kong’s Securities and Futures Commission. Hong Kong is a major global financial hub and receiving this licence represents an important development for TigerWit, as the firm sees continued expansion and growth for its trading services worldwide. Financial innovation in Asia and demand for access to financial markets is growing rapidly. TigerWit plans to add even Read more …
Major cryptocurrency exchange Huobi has partnered with a real estate firm in the United Arab Emirates (UAE) to allow real estate investors to pay in cryptocurrencies. The Singapore-based crypto exchange has entered a partnership with fäm Properties, a tech-driven real estate agency based in Dubai, to offer crypto payment options for its real estate investors, UAE-based business publication AMEinfo.com reports Jan. 12. Crypto to enable more stability and liquidity in the real estate market Specifically, the partnership enables fäm Properties Read more …
A United States District Judge has ruled that a previous sanction ordering Craig Wright to give up half of his Bitcoins to the estate of Dave Kleiman will not stand. U.S. Magistrate Judge Bruce Reinhart’s delivered the sanction ruling last August in the long-standing court battle over an alleged 1.1 million Bitcoins which were mined by Wright and Kleiman in partnership in the early days of Bitcoin, shortly after Wright claims he invented it. According to court documents filed with Read more …
European crypto companies are finding themselves in a changing regulatory environment. The new realities they have to deal with stem from the fifth edition of the European Union’s anti-money laundering directive. AMLD5 introduces stricter customer due diligence requirements and some in the industry have realized their business models, based on key principles of the crypto space, are hardly sustainable under the new rules. Also read: EU Countries Commence Crypto Regulations as Mandated by New Directive Netherlands to Introduce Licensing When Read more …
View Bitcoin jumped more than 11 percent last week, confirming a falling channel breakout (bullish reversal) on the weekly chart. The breakout has opened the doors for a re-test of October highs above $10,000. For the next 24 hours, the focus is on $8,200, a level that has proved a tough nut to crack in the last few days. A strong rejection above $8,200 could yield a temporary drop to sub-$8,000 levels. Bitcoin logged double-digit price gains last week, confirming Read more …
There is no doubt that sentiment has turned bullish for bitcoin. It has remained above the psychological $8,000 barrier for the weekend and institutional investors are starting to go long again. Bitcoin Market Cycles Lengthening Analyst Benjamin Cowen has taken a different way of looking at price data in his latest video. He has essentially removed the irrational short term price moves over the past year to average them out. The aim was to estimate how much longer the current Read more …
Lightnet, the company behind the Velo Protocol, recently raised $31.2 million in a Series A round. The funding was led by major financial and business groups including UOB Venture Management, Seven Bank, Uni-President Asset Holdings, HashKey Capital, Hopeshine Ventures, Signum Capital, Du Capital and Hanwha Investment and Securities, according to a press release on Monday. UOB Venture Management is the investment arm of Singapore-based multinational United Overseas Bank, while Seven Bank is part of the group owning the 7-Eleven franchise Read more …
Bitcoin (BTC) clinched a third day trading above $8,000 on Jan. 13 as weekend trading failed to take away bullish momentum. Cryptocurrency market daily overview. Source: Coin360 BTC: major resistance only at $8,800 Data from Coin360 and Cointelegraph Markets showed BTC/USD begin the week at just over $8,100. After exiting the $7,000 range on Friday, Bitcoin managed to retain higher levels, with only one brief trip below $8,000 late Sunday. Bitcoin 7-day price chart. Source: Coin360 Volatility was notably absent Read more …
Researchers from cryptocurrency exchange BitMEX have suggested that the privacy and scalability benefits of Bitcoin’s (BTC) implementation of the Lightning Network are less than expected. A report published by BitMEX on Jan. 11 illustrates the researchers’ efforts to determine the growth of the Lightning Network by trying to extrapolate information about private payment channels from readily available data. The team focused on non-cooperative channel closures and they suggest that — since the network started its activity — about 60,000 such Read more …