Day: December 6, 2018

SBI Holdings, R3 Embark on ‘Joint Venture’ to Boost Corda Blockchain Use in Asia

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Japanese financial services company SBI Holdings will partner with software firm R3 to expand local use of its Corda blockchain platform, Cointelegraph Japan reported Dec. 5. Quoting local news outlet Nikkei, the report reveals that SBI, which is involved in multiple cryptocurrency and blockchain-related activities, will expand on its existing investment in R3 to create a “joint venture” aimed at promotion. “Europe is the most advanced in blockchain product development,” R3 CEO David Rutter told Nikkei in an interview: “The new joint venture will strengthen the Japanese language service, and…

US Dept. Homeland Security Calls on Blockchain Startups for Anti-Forgery Solutions

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The United States Department of Homeland Security (DHS) is seeking blockchain-based solutions from startups to prevent the forgery and counterfeiting of digital documents, according to a press release published Dec. 4. According to the release, the request has been published under the aegis of DHS’ Science and Technology Directorate (S&T)’s Silicon Valley Innovation Program (SVIP). The call is open to startups or small enterprises that have not had a government contract in the past 12 months (totalling $1 million or more) and that have a workforce of under 200 employees.…

Bitcoin Still on Defensive But Price Rally Possible Over $3.9K

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Bitcoin (BTC) remains on the defensive despite a 4-percent recovery from nine-day lows today, but bearish pressure may weaken if prices rise above key resistance near $3,900. The world’s largest cryptocurrency by market capitalization fell to $3,629 at 05:00 UTC on Bitstamp – its lowest level since Nov. 27. At press time, the price stood at $3,770, representing a 1.5 percent drop on a 24-hour basis. Despite the quick recovery, the odds appear to be stacked in favor of a drop to recent lows below $3,500. To start with, BTC…

Malta, Italy Issue Joint Warning Over Potential Unlicensed Cryptocurrency Exchange

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Malta has warned citizens about an unlicensed cryptocurrency exchange serving its domestic market. Regulators ordered the platform to stop operating in a notice Dec. 5. The offending platform, OriginalCrypto, had first come to the attention of Italian officials concerned it may not have the required license to offer authorized “investment services and activities.” The platform’s owner, SolutionsCM Ltd., has now come under scrutiny from both countries, with Malta’s Financial Services Authority (MFSA) sharing the warning from Italy: “The Commissione Nazionale per le Società e la Borsa (CONSOB) has ordered the…

Ripple, NEM, Cardano, Fetch.AI, Found Blockchain Industry Lobby in Europe

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Four leading global blockchain companies have announced the founding of what they call the first credible attempt to create a unified voice for the blockchain industry at European level. Blockchain for Europe intends to address the fragmented policy debate over the issue in order to lobby in favor of crypto friendly regulation in the European Union. Blockchain for Europe to Influence European Policy on Blockchain and Cryptocurrencies The new lobby for the blockchain industry was founded by EMURGO/Cardano, Fetch.AI, NEM, and Ripple. Prior to the public announcement, the association hosted a Blockchain…

Bitcoin Mining is Still Almost 50% More Profitable to Miners than Bitcoin SV

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Craig Wright’s Bitcoin SV hard fork off of BCH didn’t exactly pan out as he wanted and it seems that this coin isn’t really appealing to miners. When Wright formed an alliance with CoinGeek founder Calvin Ayre to launch a hostile takeover of the Bitcoin Cash (BCH) network, the two men predicted that their BCH implementation, Bitcoin SV (BSV), would quickly accrue near universal support among miners due to its allegedly miner-friendly protocol specifications. Wright went so far that in his tweet, he warned Bitcoin miners that, if they continue…

Russia’s IPChain Launches Blockchain Intellectual Property Registry

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Russia’s IPChain Launches Blockchain Intellectual Property Registry December 6, 2018 by Vladimir Litvinov IPChain, one of Russia’s pioneering blockchain-based intellectual property companies, has launched its blockchain and recorded the first transactions on it. The development comes after another IP and blockchain meld, EDRID, has gained some initial traction in the nation. Also see: How Thailand Is Staying Ahead by Regulating ICOs and Blockchain Investments Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts IPChain Sees Its First Blockchain Transactions IPChain was launched in 2017 as an association of…

Russia’s IPChain Launches Blockchain Intellectual Property Registry

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Russia’s IPChain Launches Blockchain Intellectual Property Registry December 6, 2018 by Vladimir Litvinov IPChain, one of Russia’s pioneering blockchain-based intellectual property companies, has launched its blockchain and recorded the first transactions on it. The development comes after another IP and blockchain meld, EDRID, has gained some initial traction in the nation. Also see: How Thailand Is Staying Ahead by Regulating ICOs and Blockchain Investments Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts IPChain Sees Its First Blockchain Transactions IPChain was launched in 2017 as an association of…

Will They Come From the Community or Governments?

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There are over 2,000 different coins in existence right now, each with their own unique characteristics, uses and communities, while there are masses of different blockchains, platforms and exchanges — all of which answer to competing needs and values. On the one hand, this profusion is one of the key driving forces behind innovation in the crypto sphere. But on the other, it arguably acts as a block against widespread adoption, as the lack of unified standards means that some morally questionable endeavors give the rest a bad name. The…

Bitcoin Price Watch: BTC/USD Bounce From Lows Could Fade Soon

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Key Points Bitcoin price declined and broke the last swing low at $3,730 against the US Dollar. There are two crucial bearish trend lines in place with resistance at $3,850 and $3,900 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price could face a solid resistance and it could decline back towards $3,730. Bitcoin price jumped back after trading towards $3,620 against the US Dollar. However, upsides remain capped near the $3,900 and buyers are likely to struggle. Bitcoin Price Analysis Recently, there was an…