Day: January 21, 2019

Tangem Crypto Wallet | Japan’s SBI Group Invests $15 Million

boss

Announced today, Japanese banking giant SBI Group has invested in Swiss crypto startup Tangem. The company is the creator of a slimline hardware cryptocurrency wallet. SBI Group Invests in Tangem SBI is offering its support to Tangem with a $15 million USD investment. It will use the capital to expand into areas such as stablecoins, ICOs, tokenized asset offerings, and digital identity. Tangem Crypto Wallet Described by the company as a “smart banknote for digital assets,” Tangem’s cryptocurrency wallet mimics a bank card in that it allows a user to make off-chain physical transactions.…

AI Devs Behind Robot Sophia Partner with Blockchain Agricultural Data Firm

boss

Decentralized Artificial Intelligence (AI) firm SingularityNET has announced a partnership with agriculture-focused blockchain startup Hara at the World Web Forum, according to a press release shared with Cointelegraph Jan. 21. Hara’s objective is reportedly to use blockchain to provide Indonesian farmers with useful data like grain price, soil quality and land ownership details. The newly announced partnership between the two firms aims to use this data to offer AI-powered crop diagnosis and data analytics to the ecosystem, according to the press release. As the press release notes, a main goal…

South Korean Exchange Loses $5 Million in Accidental Bitcoin Airdrop

boss

South Korean crypto exchange Coinnest is looking to take back cryptocurrencies accidentally sent to clients in an airdrop. The exchange announced last week that some 6 billion Korean won (around $5.3 million) in bitcoin and other cryptocurrencies were sent to customers due to a computer error, according to CoinDesk Korea. The exchange was trying to airdrop We Game Tokens (WGT) when the incident occurred. Further, due to the server issue, some customers also received Korean won from the exchange. The exchange has no plans to compensate users for any losses suffered…

Tron Price Analysis: TRX Trend Setting, Up 18% From Last week’s Close

boss

Tron prices surge, adds 7.8 percent in the last day Justin Sun hires former SEC official; crypto is no scam Accompanying recent surges are high trade volumes While most trading pairs register losses, TRX is a top performer and up 7.8 percent in the last day. At this pace, TRX bulls will likely drive prices towards 4 cents in coming few days. Tron Price Analysis Fundamentals In one of Nouriel Roubini tweetstorm, the NYU professor goes to great length discrediting crypto calling the burgeoning market a “4800 Pump & Dump…

Blockchain Can Allow for More Inclusive, Borderless Economy

boss

Blockchain can allow for the creation of a borderless economy, Massachusetts Institute of Technology (MIT) professor Silvio Micali claimed in a interview on Bloomberg’s Daybreak Asia, Jan. 21. Speaking on the show, Micali outlined three major properties of blockchain systems that must function simultaneously to enable a more inclusive and borderless economy — security, decentralization and scalability. According to MIT’s Ford Professor of Engineering, until recently, only two of those three basic properties could have been achieved simultaneously at any time. When asked about scalability in particular, Micali stressed that…

Ripple Price Analysis: XRP Accumulation, Bull Pressure Building Up

boss

Ripple prices stable above 30 cents SWIFT—Ripple competition should heat up in coming days Transactional volumes low and dropping XRP success depends on adoption. That’s why an increase in xRapid users is bullish for investors. Even still, the slide of XRP prices have been deflating, and after 12 months of lower lows, we expect Sep 2018 to guide medium to long term price trajectory. Ripple Price Analysis Fundamentals As long as SWIFT dominates, we expect determined competitors to step up their marketing, pitch to potential clients—mostly in areas where most…

Peer-to-Peer Trading Platform Bitquick Implements Bitcoin Cash Support

boss

News Over-the-counter marketplace Bitquick has announced the company is now supporting multiple cryptocurrencies and has officially added bitcoin cash (BCH) to the platform. Now cryptocurrency users can purchase BCH in as little three hours as traders buy and sell coins in a peer-to-peer fashion. Also Read: Regulations Have Ruined the Physical Bitcoin Industry Bitquick Exchange Adds BCH Support Bitcoin cash fans were pleased to hear the marketplace Bitquick.co has integrated BCH support into the over-the-counter (OTC) marketplace. Bitquick was established in August of 2013 and is now owned and operated by…

71+ Million User Volunteer Platform to Launch Blockchain-Based DApp

boss

Chinese non-profit Zhiyuan Hui — reportedly the world’s largest volunteer service platform — has announced its partnership with token economy infrastructure firm EveriToken. The news was announced Jan. 12 in an official EveriToken blog post. As of December 2018, Zhiyuan Hui reportedly serves over 430,000 non-profits, and its 71 million users are reported to have worked over 100 million service hours via its platform. According to the blog post, the United Nations-issued China Volunteer Service Economic Value Measurement Report has valued the platform at over $500 million. In order to…

Bitcoin Price Analysis: $3,800 is Definitive for BTC

boss

Bitcoin Price drop 4.1 percent in the last day Wyoming could be the blockchain and crypto center in the US Participation levels low, prices may consolidate in days ahead. Despite bullish fundamentals, BTC continues to cede ground against the USD. At spot rates, prices are steady and trending within our support zone. Unless otherwise there are sharp gains above $3,800, sellers may snap back to trend. Bitcoin Price Analysis Fundamentals Wyoming may be the center of crypto attention thanks to their openness and embrace of new technology, but the real…

Ethereum’s UpFiring Targets TRON’s BitTorrent As Sun and Buterin Draw P2P Battle Lines

boss

Ethereum’s UpFiring Targets TRON’s BitTorrent As Sun and Buterin Draw P2P Battle Lines January 21, 2019 by Paul de Havilland UpFiring, a file sharing dApp on the Ethereum network, announced its launch on the same day that Justin Sun’s TRON-affiliated BitTorrent announced that BitTorrent Speed–formerly Project Atlas–would be ready by summer. This is the latest episode in the Sun vs Buterin war of words… and platforms. Also read: Bakkt Acquisition: Backend Buyup to Boost Crypto Amid Payments Wars Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts The…