Gang violence is a matter of national concern – but the tools to tackle it must be fair, fit for purpose and above all, trusted by those communities at most risk 16 November 2018 Violent gang crime in London is a matter of national concern. At a time when children are tragically being murdered on the streets and with nearly 200 gangs operating in London, this is a very real and immediate concern and the challenges faced by the Metropolitan Police Service cannot be underestimated. I have the utmost respect…
Day: November 16, 2018
Crypto Market Recovers, But is a Fall to $4,800 Possible For Bitcoin?
Twitter Facebook LinkedIn After recording one of the worst sell-offs in all of 2018, the crypto market has experienced a minor corrective rally, adding $8 billion to its valuation. The Bitcoin (BTC) price is approaching a resistance level at $5,600, a minor resistance level BTC will have to surpass to potentially eye a rally to $5,800 and potentially re-enter the $6,000 region. Since August, BTC had defended the $6,000 support level, which has since turned into a major resistance level. Hence, if BTC initiates a corrective rally throughout the next…
SEC Opened Probe into Erik Voorhees, Crypto Loans Firm Over 2017 $50 Mln Token Sale
Crypto loans company Salt Lending Holdings Inc., once associated with high-profile crypto industry stalwart Erik Voorhees, is facing a U.S. Securities and Exchange Commission (SEC) probe over its 2017 $50 million token sale, the Wall Street Journal (WSJ) reported Nov. 15. Founded in 2016, Salt — which uses clients’ crypto holdings as collateral against fiat currency loans — is reported to have received a subpoena from the securities regulator this February, according to “sources familiar with the matter.” Among other issues, the SEC is said to be investigating whether Salt’s…
The Bitcoin Cash ‘Hash War’ Just Started–And Looks To Be Over Already
The Bitcoin Cash ‘Hash War’ Just Started–And Looks To Be Over Already November 16, 2018 by Ian Edwards Bitcoin Cash (BCH) is in the midst of a battle over its future as rival groups promote different forks of the fourth-largest cryptocurrency by market cap. But it’s looking like the so-called “Hash War” will be over almost as soon as it began, with Bitcoin ABC having taken a strong, early lead over Bitcoin SV in terms of BCH blocks mined. Also read: The Bitcoin Cash Hard Fork–A Who’s Who and Everything…
ICO finds Metropolitan Police Service’s Gangs Matrix breached data protection laws
An investigation by the Information Commissioner’s Office (ICO) found that the Metropolitan Police Service’s (MPS) use of the Gangs Matrix led to multiple and serious breaches of data protection laws. The investigation into the Gangs Matrix, a database that records intelligence related to alleged gang members, began in October 2017 after concerns were raised by Amnesty International. The ICO found that, whilst there was a valid purpose for the database, the inconsistent way it was being used did not comply with data protection rules. It has now issued an Enforcement…
International Charity Oxfam Formally Launches Blockchain Rice Tracker in Cambodia
International charity Oxfam officially launched its BlocRice blockchain supply chain solution for Cambodian rice Nov. 15, Cambodian daily media outlet Khmer Times reports. BlocRice, which aims to use smart contracts to provide transparency and security between rice growers and purchasers in the Netherlands, has been under development and should expand to 5,000 farms by 2022, the outlet notes. “The project aims to test blockchain technology and its smart contracts, a digital 3-way contract farming arrangement between primary producer, Cambodian rice exporter and retailer in Europe, to improve farmers’ livelihood and…
Bitcoin Price Watch: BTC/USD Could Rebound Towards $5,900
Key Points Bitcoin price extended declines below $5,330 and traded towards $5,200 against the US Dollar. There is a major bearish trend line in place with resistance at $5,550 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is likely positioning for an upward move above the $5,600 and $5,700 levels. Bitcoin price extended losses towards $5,200 against the US Dollar. BTC/USD is currently rebounding and it could correct higher towards $5,900. Bitcoin Price Analysis Yesterday, we discussed the chances of more declines below $5,400…
TRX/USD Break Out Trade, Path Towards Jan 24 Lows
Latest Tron News That the Japanese are open to cryptocurrencies and similar blockchain technologies but concurrently stringent protecting investors is true. So tight are applicable laws that investors who lose their digital assets are guaranteed of a recourse. We have seen that happen with the ongoing Mt Gox Civil Rehabilitation Case. Because it is mandatory for exchanges to register with the country’s Financial Services Agency (FSA), investors are safe. Now, under the fund settlement law of which crypto exchanges must follow since they are platforms for buying and selling digital…
Despite Increasing Adoption, LTC/USD Likely to Test $30
Latest Litecoin News In proof-of-work networks, hash is everything. Because of this, Coinmine is desirous of complete decentralization in line with blockchain dicta. As such, the startup with backing from CoinBase and Arrington Ventures is taking crypto mining to homes as their flagship rig—Coinmine One is power efficient—at 120 watts, easy to use—it has its own operating system and use GPU chipsets (AMD RX 570 (4GB)). Just preordered my @coinmine miner. This should be interesting. I always wanted to mine but I hated the inconvenience. Now I have no excuses…
BTC/USD Prices Steady but Further Losses Expected
Latest Bitcoin News In the midst of a severe market slump that has seen Bitcoin slide more than 80 percent from 2017 peaks, Zhao Changpeng is pretty optimistic about crypto. We must note that the fall of Bitcoin has dragged altcoins to new levels with some dropping by as much as 95 percent from their 2017 highs. Nonetheless, Binance is having a stellar year. Pulling in around $3 billion in revenue in the first half of the year the exchange is officially the largest in the world by trading volumes.…