Day: August 22, 2018

Experts Debate Crypto’s Future and Discuss Use Cases at BlockShow Americas 2018

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The second day of the BlockShow Americas 2018 kicked off with a robust debate on the usefulness of cryptocurrencies between Nouriel Roubini, CEO of Roubini Macro Associates and predictor of the global financial crisis in 2008, also known as ‘Dr.Doom,’ and Alex Mashinsky, founder of Celsius Network. Roubini argued that “in the space of crypto there is zero security,” claiming there is “no democratization and decentralization.” Mashinsky responded “the current system does not work for seven billion people in the world,” while “only people who work on Wall Street can…

XRP Technical Analysis: Ripple’s CTO David Schwartz A Proud Bitcoin Hodler

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Fundamentally, XRP prices should to be skyrocketing and there are hints of that because on a weekly basis, XRP is up 26 percent. However, when we take a closer look in the daily chart, it appears as if sellers are still in charge rebuffing bullish attempts above 35 cents and even 40 cents, our main resistance line. In any case, news of Ripple product merger would go a long way in boosting prices especially now that testing of xRapid has been a success, From the News Three high liquid and…

XRP Technical Analysis: Ripple’s CTO David Schwartz A Proud Bitcoin Hodler

boss

Fundamentally, XRP prices should to be skyrocketing and there are hints of that because on a weekly basis, XRP is up 26 percent. However, when we take a closer look in the daily chart, it appears as if sellers are still in charge rebuffing bullish attempts above 35 cents and even 40 cents, our main resistance line. In any case, news of Ripple product merger would go a long way in boosting prices especially now that testing of xRapid has been a success, From the News Three high liquid and…

Blockchain’s Adoption on Travel Industry

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More concept than concrete. That’s blockchain’s place right now in the world and in travel. Here, though, are three companies bringing blockchain to life in the travel industry. STEP’s Plan to Put Hotels on the Blockchain Blockchain may be an industry buzzword, but STEP—Simple Travel Ecosystem Protocol—is trying to move beyond the buzz to get the hotel industry comfortable with blockchain. Founder and CEO David Brillembourg spent more than a decade buying and structuring hotel deals through private equity and working in tech before that. He said moving hotel rooms…

BlockShow Panelists Argue About Bitcoin’s Decentralization, Blockchain Pros and Cons

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Today, August 21, at BlockShow Americas 2018, speakers at a blockchain-related panel debated the question of the Bitcoin (BTC) blockchain’s decentralization and the benefits of its applications to the global community. At the discussion panel titled “The Great Controversy: Blockchain as Seen From Major Institutions’ Perspective,” participants argued about the actual need for blockchain applications in payment systems and questioned the decentralized nature of the Bitcoin blockchain, as well as its practical implementation by major financial institutions. Nouriel Roubini, CEO of Roubini Macro Associates, claimed that the fintech industry “has…

China’s Social Media Giant WeChat Blocks a Number of Crypto Media Accounts, Sources Say

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WeChat, the 1 billion-user Chinese social media platform developed by Tencent, has reportedly blocked a number of crypto and blockchain related accounts, local financial news outlet Lanjinger reported August 21. Lanjinger quotes a WeChat official as saying that some public accounts were suspected of publishing Initial Coin Offering (ICO) and crypto trading “hype” in violation of the service’s  “Interim Provisions on the Development of Public Information Services for Instant Messaging Tools” terms. The official said that official orders had been given to block all content and permanently block the relevant…

China’s Social Media Giant WeChat Blocks a Number of Crypto Media Accounts, Sources Say

boss

WeChat, the 1 billion-user Chinese social media platform developed by Tencent, has reportedly blocked a number of crypto and blockchain related accounts, local financial news outlet Lanjinger reported August 21. Lanjinger quotes a WeChat official as saying that some public accounts were suspected of publishing Initial Coin Offering (ICO) and crypto trading “hype” in violation of the service’s  “Interim Provisions on the Development of Public Information Services for Instant Messaging Tools” terms. The official said that official orders had been given to block all content and permanently block the relevant…