Join our community of 10 000 traders on Hacked.com for just $39 per month. The bill would have exempted certain digital currencies from being regulated as securities under the Colorado Securities Act. Colorado’s blockchain bill, House Bill 1426, would have also been a boon for innovation in the state was making its way through the State Assembly but got derailed abruptly on Wednesday in a vote. HB 1426 was all but on its way to the governor’s desk after seemingly Read more …
ASKfm, the largest Q&A social network in the world, is moving the decentralized economy forward by tokenizing social interactions. Here’s everything you need to know about the project — currently undergoing a private token sale — before the ASKT sale is opened to the public. What is ASKfm? In its current state, ASKfm’s is a platform on which individuals are the primary asset in a new decentralized economy built on a new system of values. Now, ASKfm aims to be Read more …
Ukraine may begin formal procedures for legalizing cryptocurrency after its securities chief said the world had already crossed the “point of no return.” “The ‘Point of No Return’ Is Already Passed” In a speech to the International Organization of Securities Commissions (IOSCO) on May 8th, Timur Khromaev, chairman of Ukraine’s National Securities and Stock Market Commission (NSSMC) and head of the Committee on Development Strategy and Economic Analysis of Stock Market, said cryptocurrency “will become an indispensable part of economic Read more …
Distributed ledger startup Ripple published the results of its xRapid pilot programs on Thursday, The report focused on the company’s offering centered around the cryptocurrency XRP, stating that pilot-takers saw significant savings on fees as well as overall transaction times. The company has announced a number of partnerships in recent months with companies piloting xRapid as well as xCurrent, another offering that does not utilize XRP. Head of product Asheesh Birla told CoinDesk that the company looked at seven pilot projects, finding Read more …
Join our community of 10 000 traders on Hacked.com for just $39 per month. Brian Kelly, a prominent cryptocurrency trader, contributor to CNBC’s Fast Money, and founder of BKCM, stated on the May 9 Fast Money show that the adoption of bitcoin by Wall Street’s biggest financial institutions such as the New York Stock Exchange (NYSE) and Goldman Sachs will lead the cryptocurrency market to surge in the short- to mid-term. Kelly is Shocked Earlier this week, as CCN reported, Read more …
The team of financial researchers of which famed Bitcoin advocate Tom Lee is part of has some extra bullish predictions for Bitcoin’s end of 2019 price. Fundstrat’s Sam Doctor wrote earlier today that the price of Bitcoin could reach anywhere between $20,000 and $64,000 next year. Fundstrat Release Second Bullish Call in a Week Sam Doctor’s prediction was explained in a note to Fundstrat’s clients. It set out the reasoning behind such a call, claiming the gains would be a Read more …
Join our community of 10 000 traders on Hacked.com for just $39 per month. The Ethereum Classic Investment Trust was officially listed on over-the-counter (OTC) marketplace OTCQX on Thursday, providing retail investors with the opportunity to purchase shares of the fund through their brokerage and retirement accounts. The fund, which is listed under the ticker symbol ETCG, is a creation of Grayscale Investments, who purchases “physical” ethereum classic tokens and manages custody on its clients’ behalf. Each share represents slightly Read more …
Automated delivery cars or trucks connected via blockchain could one day deliver packages for Walmart, new patent filings suggest. The retail giant hinted at the possible use case in an application filed with the U.S. Patent and Trademark Office (USPTO) back in October and published Thursday. Per the documents, the patent centers around technology tools to secure “restricted access areas” at a customer’s home that would receive packages from the autonomous ground vehicles (AVGs), as Wal-mart calls them. Much of Read more …
Featured A gala held by Tipping Point, a non-profit organization that seeks to invest in efforts aimed at breaking the poverty cycle in the San Francisco Bay Area, has raised more than $14 million USD. The gala comprises the time that Tipping Point has accepted cryptocurrency donations, with the event being attended by the respective chief executive officers of Coinbase, Ripple Labs, and Pantera Capital Management. Also Read: A Brief History of Hidden Messages in the Bitcoin Read more …
Electrum, the popular Bitcoin wallet, has released proof that a copycat wallet is stealing users’ bitcoins. According to Electrum, the malicious knockoff, Electrum Pro, is designed with malware to hijack private seed keys. The platform is urging users to be wary of the fake bitcoin storage service. Electrum vs. Electrum Pro Bitcoin Wallet The development team at Electrum has since been trying to alert users to the possibility that Electrum Pro is a fake. According to Electrum, the counterfeit platform Read more …
Join our community of 10 000 traders on Hacked.com for just $39 per month. The bitcoin price took a $250 nosedive on Thursday, putting an end to what had previously been a day of relative stability. The world’s largest cryptocurrency had spent the majority of the day trading near $9,325 on Bitfinex, though it peaked as high as $9,390 during the early morning hours. At approximately 16:45, the bitcoin price entered a severe downward spiral — severe, at least, in Read more …
An official at the Bank of America (BoA) believes that cryptocurrencies impede the efforts of law enforcement to catch criminals. Cathy Bessant, the chief technical officer (CTO) at the multinational financial institution, believes current transparency in banking allows authorities to police transactions in a way not possible with digital currency. Is Cryptocurrency Actually Easier to Use Than Cash to Evade Authorities? Cathy Bessant spoke to CNBC’s ‘Squawk Box‘ earlier today. On the morning segment, the official cited a lack of transparency Read more …