January 31, 2019

TRX Drop 5.2% as Binance plan for Fiat Purchases

January 31, 2019 boss

Tron price is down 5.2 percent a few days after BTT launch Like CoinBase, Binance will soon allow Visa and MasterCard purchases Participation level shrink by more than half from 25 million to less than 15 million After days of impressive performance, TRX is now slowing down. It is down 5.2 percent at the time of writing. Even so, bulls have a chance as long as prices oscillate above 2.5 cents. Tron Price Analysis Fundamentals Binance, the largest cryptocurrency exchange by trading volume, will in days ahead allow crypto traders…

Pantera Capital, Coinbase Back Crypto Startup Staked in $4.5 Million Round

January 31, 2019 boss

Major crypto investment firm Pantera Capital has lead a seed funding round for crypto staking startup, Staked, the company announced in a blog post Jan. 31. The startup, which targets institutional investors of proof-of-stake cryptocurrencies, announced that it raised $4.5 million in the investment round. According to the post, in addition to Pantera Capital, major firms that participated in the round include Coinbase Ventures, Digital Currency Group, Winklevoss Capital, Global Brain, Fabric Ventures and Blocktree Capital. Furthermore, the company also reported that Pantera Capital partner Paul Veradittakit is set…

Germany’s No.2 Stock Exchange Launches Mobile App for Crypto Trading

January 31, 2019 boss

The operator of Germany’s second-largest stock exchange, Boerse Stuttgart Group, has launched a mobile app for cryptocurrency trading. After a year in development, the firm announced Thursday, the Bison app is now available on iOS 9+ and Android 4.4+ devices in Germany, and will allow users to trade in bitcoin (BTC), ethereum (ETH), litecoin (LTC) and XRP and fund their accounts with euros. The app launches with zero trading fees and also provides a built-in wallet for storing tokens, Boerse Stuttgart said. Users can currently only trade between 6 a.m. and…

Germany’s No.2 Stock Exchange Launches Mobile App for Crypto Trading

January 31, 2019 boss

Global Pharma Giant Merck Wins US Blockchain, AI Patent for Product Authenticity

January 31, 2019 boss

Merck, the world’s oldest operating pharmaceutical firm, has won a blockchain patent from the United States Patent and Trademark Office (USPTO), Cointelegraph auf Deutsch reported Jan. 30 The German multinational has developed a system that uses a combination of Artificial Intelligence (AI) and blockchain tech to establish the authenticity of unique physical objects. As Merck reports in a press release Jan. 30: “The new technology uses machine learning to link physical objects to a blockchain through their own unique identifiers or ‘fingerprints‘.” According the firm, the new patent describes a…

Under Fire: Kik Is Gearing Up for a Fight With the SEC

January 31, 2019 boss

Canadian-based social media startup Kik is gearing up to challenge a proposed enforcement action from the United States Securities Exchange Commission (SEC) over a fundraising initiative in 2017. The American securities regulator believes that Kik’s Token Distribution Event (TDE) two years ago violated securities laws. The company raised $97 million during its fundraising phase, a princely sum for a platform that has garnered millions of users since its inception. Following the SEC’s recommendation of an enforcement action in November 2018, Kik was served with a “Wells Notice,” a letter to…

How Can Blockchain Systems Become Powerful Enough for a Global Audience?

January 31, 2019 boss

In the history of blockchain to be written in textbooks, 2018 will probably be known as the year of failing at scaling. An outcry for scalable blockchain systems in 2017 led to a number of companies making attempts at solving the problem of scaling and gradually realising that it’s not that simple. As the year has concluded, ModernToken’s Blockchain Science department presents an overview of known approaches to improving scalability. The great race to reliable scalability started with the outburst of startups and funding campaigns trying to bring distributed ledger…

Florida Appeals Court Defines Bitcoin as Money as Espinoza Ruling Reversed

January 31, 2019 boss

News In 2016, Judge Teresa Mary Pooler of the Eleventh Judicial Circuit of Florida made headlines for a ruling she made during the Michell Espinoza trial. Judge Pooler ruled Espinoza could not be charged with illegal money transmission offenses because bitcoin was not considered legal tender. However, a motion filed with the Florida appeals court has overturned the decision and Espinoza may face the state’s trial courts for an alleged crime back in 2014. Also read: A Look at Openbazaar’s Multi-Currency Wallet and Vendor Listings Bitcoin Was Not the Equivalent of…

Binance: The World’s Largest Crypto Exchange Will Let you Buy Bitcoin With Credit Cards

January 31, 2019 boss

Binance, the world’s largest crypto exchange by daily trading volume, enabled credit card payments on its platform to allow users to purchase Bitcoin and other major crypto assets using Visa and Mastercard. The integration of credit card payments into the Binance trading platform comes after Binance CEO Changpeng Zhao (CZ) emphasized the importance of fiat on-ramps in increasing the mainstream adoption of cryptocurrencies. Why Credit Card Payments are Crucial on Binance Earlier this month, in an interview with Boxmining at the Binance Blockchain Week conference in Singapore, CZ said that…

The World’s Largest Crypto Exchange Will Let you Buy Bitcoin With Credit Cards

January 31, 2019 boss