Day: October 25, 2018

Prepaid Cards for Buying Bitcoin from GetCryptoPoints

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Bitcoin gains popularity every day and the number of its owners is growing.  In 2017, the rate of the crypto-coin updated the highs almost every month. In 2018 – we are still waiting for the “winter race” and it is coming up.  With the growth of the rate, the market capitalization of this currency increases, and traders play and benefit from market fall and volatility. Many of them managed to make good money on Bitcoin, investing in it or trading on the stock exchange. Therefore, the question is, what are…

US Court Dismisses Lawsuit Against Coinbase for Alleged BCH Insider Trading

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Major U.S. crypto wallet provider and exchange Coinbase has been granted a motion to dismiss a lawsuit over alleged insider trading during its launch of Bitcoin Cash (BCH) support last year, according to court documents published Oct. 23. U.S. District Judge Vince Chhabria from the Northern District Court of California found that plaintiff Arizona resident Jeffrey Berk had “not sufficiently articulate[d] the legal bases for his claims” in his complaint. The original class action had been filed against the exchange in March, with Berk representing all Coinbase customers who had…

US Regulators Could Approve Bakkt BTC Futures Launch in First Week of November

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The Intercontinental Exchange’s (ICE) Bakkt cryptocurrency platform could get approval to launch its physically-delivered Bitcoin (BTC) futures product from U.S. regulators next week, an unconfirmed anonymous source told tech outlet The Block Thursday, Oct. 25. Bakkt, which seeks to create a “regulated ecosystem” for institutional investors looking to gain exposure to cryptocurrency, had previously confirmed it planned to launch its futures product Dec. 12. Should regulators give the project the green light, ICE’s Bakkt will begin launching its Bitcoin (USD) Daily Futures Contract for clients as soon as the first…

Blockchain Technology Could Transform Australia’s Housing Sector: Report

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Blockchain technology has the potential to revolutionize the housing sector in Australia, according to a study commissioned by a housing nonprofit operating in the country. Per the report prepared by the Australia Housing and Urban Research Institute (AHURI) in conjunction with the University of New South Wales, RMIT University and Swinburne University of Technology, this will happen courtesy of the efficiencies blockchain technology has the ability to generate in the country’s housing sector. Titled ‘Understanding the Disruptive Technology Ecosystem in Australian Urban and Housing Contexts: A Roadmap’, the report notes…

Statement update in response to British Airways breach

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Statement update: 25 October 2018 Following news that more people may have been affected by a breach at British Airways, an ICO spokesperson said: “The ICO’s investigation into a cyber attack at British Airways is ongoing. Meanwhile, we advise people who may have been affected to be vigilant when checking their financial records and to follow the advice on the ICO, National Cyber Security Centre and Action Fraud websites about how they can protect themselves and their data online.” Statement: 7 September 2018 An ICO spokesperson said: …

Bitcoin Price Watch: BTC/USD Forms Double Bottom Near $6,360

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Key Points Bitcoin price declined recently and tested the $6,350-60 support area against the US Dollar. There is a major bearish trend line formed with resistance at $6,410 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is likely forming a double bottom pattern near the $6,350-60 support area. Bitcoin price bounced back sharply from $6,360 against the US Dollar. BTC/USD could accelerate higher once there is a break above the $6,410 resistance. Bitcoin Price Analysis Yesterday, there was a downside reaction from the $6,460…

ICO issues maximum £500,000 fine to Facebook for failing to protect users’ personal information

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The Information Commissioner’s Office (ICO) has fined Facebook £500,000 for serious breaches of data protection law. In July, the ICO issued a Notice of Intent to fine Facebook as part of a wide ranging investigation into the use of data analytics for political purposes. After considering representations from the company, the ICO has issued the fine to Facebook and confirmed that the amount – the maximum allowable under the laws which applied at the time the incidents occurred – will remain unchanged. The full penalty notice can be read here.…

Crypto Entrepreneur Gains Kevin O’Leary’s Approval, Scores $100k Investment

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Betting on an impending crypto bull run, a number of prominent investors have recently thrown mounds of capital at promising cryptocurrency and blockchain startups. Canada’s very-own Kevin O’Leary, once a controversial prime minister candidate, has jumped on the bandwagon, investing a large sum of fiat in up and coming crypto application. Shark Tank’s Kevin O’Leary Invests In Crypto Startup Months ago, per reports from NewsBTC, Kevin O’Leary, a well-known Canadian business pundit and television personality, told CNBC’s Fast Money that Ethereum was poised to overtake Bitcoin. He explained that Bitcoin…

Sony Unveils ‘Multiple Application’ Contactless Cryptocurrency Hardware Wallet

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The research arm of Japanese technology giant Sony announced it had created a contactless cryptocurrency hardware wallet in a press release Tuesday, Oct. 23. The as yet unnamed device utilizes IC smart card technology popular in Japan to communicate with the Bitcoin (BTC) or other cryptocurrency network. The advantages, according to developers from Sony Computer Science Labs (SCSL), lie in dispensing with the need to attach the wallet to a host device via USB, as is the current standard for the industry. “In addition, it is possible to securely generate…

Bitcoin Cash Price Analysis: Upsides In BCH/USD Capped Near $445

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Key Points Bitcoin cash price declined after it failed to break the $445-450 resistance against the US Dollar. There is a connecting bearish trend line in place with resistance at $442 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair must stay above the $430-435 area to avoid a downside break towards $400. Bitcoin cash price is under pressure below $445 against the US Dollar. BCH/USD may continue to face sellers near the $440-450 resistance zone. Bitcoin Cash Price Analysis During the past few days,…