Day: September 28, 2018

AT&T Introduces Suite of Enterprise Blockchain Solutions

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AT&T has introduced a suite of blockchain solutions to allow enterprises in various industries to track and manage information more efficiently, the telecom giant announced on its website. The solutions include technology from Microsoft and IBM and can benefit users in industries ranging from manufacturing to retail and healthcare. The company noted it is combining its “edge to edge” capabilities with distributed ledger technology (DLT). AT&T’s Internet of Things (IoT) solutions provide monitoring and automation capabilities to various business processes. Manufacturing, Retail And Healthcare For manufacturing companies, AT&T’s blockchain solutions can…

Turn your spare change into cryptocurrency with Crumbsapp

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Crumbs, a cryptocurrency trading app announced it’s official launch. Crumbs allow users to roundup spare change from debit and credit card purchases into baskets of cryptocurrencies, in addition to the instant trading of over a dozen cryptocurrencies. Crumbs is a product of Metallicus, Inc after having been acquired earlier this year. Crumbs plans to have a full integration with its parent company’s peer to peer payments app, Metal Pay, which will allow users to instantly transfer cryptocurrency and USD balances from one app to the other. Despite market conditions, Crumbs plans to…

$88.6 Million in Illicit Funds Funneled Through Cryptocurrency Exchanges

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A recent Wall Street Journal investigation has found that $88.6 million in ill-gotten funds have been funneled through 46 cryptocurrency exchanges, the WSJ reported September 28. $9 million of the suspect funds reportedly went through crypto exchange ShapeShift. ShapeShift is a Switzerland-based digital currency exchange that was formed in 2014 by Erik Voorhees. Unlike other trading platforms, ShapeShift allows users to anonymously trade Bitcoin (BTC), which police can track, but can not identify the individual behind the transaction. To conduct its investigation of crypto money laundering, WSJ reportedly developed a…

Europe Must Embrace Blockchain to Avoid “Cybercolonization”

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The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. On September 27, the EU Competitiveness Council met in Brussels to discuss how to support Europe’s digitization, particularly with regard to artificial intelligence — an area that has tremendous potential, but also faces extreme global competition. AI, of course, runs on data. The unfortunate reality is that U.S. tech companies control and exploit large amounts of European data, in turn monopolizing our digital economy. That’s why I, among 16 other…

Opera Has Built-in Ethereum Support, Browsers to Integrate Web 3.0

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Opera, the fifth most widely utilized browser behind Chrome, Edge, Firefox, and Safari, has added built-in Ethereum support to its desktop app, enabling Web 3.0, an ecosystem that allows users can seamlessly interact with decentralized applications (dApps) and peer-to-peer systems on the blockchain. To utilize Ethereum-based dApps, users are required to have non-custodial wallets like MetaMask to securely send transactions on the mainnet. But, for most casual users, relying on external applications as an additional step towards using dApps could restrict accessibility. As mainstream browsers move towards adding support for…

Less Than 10 Percent of Chinese Middle Class Invests in Crypto, Study Shows

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Less than 10 percent of the Chinese middle class are investing in cryptocurrencies after the government ban, according to a recent study cited by Technode Thursday, September 26. The report called “2018 White Paper on the New Middle Class” was prepared by Chinese financial writer and Professor of Shanghai Zhejiang University Wu Xiaobo. In the study, Wu deciphered the investment habits of members of the Chinese middle class. The newest edition marks the first time Bitcoin (BTC) or cryptocurrencies have appeared in the annual report. To get sufficient data for…

70% of Small-Cap Cryptocurrency Tokens Worth Less than ICO Raised

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More than two-thirds of small-cap cryptocurrency tokens distributed through initial coin offerings (ICOs) are currently worth less than the startups that issued them raised through their crowdfunding sales, a newly-published report has found. Small-Cap ICO Tokens are Hemorrhaging Value According to the report, which was compiled by cryptocurrency research firm Diar, the 562 ICO tokens ranked outside of the 100 largest cryptocurrency market caps have collectively lost $5 billion in nominal value against what these sales raised for the funding teams, with 70 percent of individual tokens seeing losses. Remarkably,…

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, Dash: Price Analysis, September 28

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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. Have Bitcoin and the top altcoins bottomed out? We have been maintaining for some time that Bitcoin and a few other cryptocurrencies are in the process of forming a bottom. Now, several experts are also saying that Bitcoin is likely to rally in…

ICO statement in response to Facebook data breach announcement

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ICO Deputy Commissioner of operations, James Dipple-Johnstone, said: “It’s always the company’s responsibility to identify when UK citizens have been affected as part of a data breach and take steps to reduce any harm to consumers. “We will be making enquiries with Facebook and our overseas counterparts to establish the scale of the breach and if any UK citizens have been affected.” Source

BTC/USD Attempts for Triangle Resistance

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Bitcoin on Friday added 7 percent gains to its prevailing near-term upside momentum as it broke through its interim bias conflict. The BTC/USD kickstarted the day backed by a strong but unusual uptrend from the previous day, which saw a $275-jump within a matter of 1-2 hours. The beginning of today’s Asian session simply saw the pair maintaining the bullish bias, while trending sideways. The price action showed that some traders were expecting BTC/USD to attempt a breakout above the triangle resistance. The pair formed its weekly high towards 6833-fiat, which…