Day: March 13, 2019

Forte And Xpring create $100 Million Fund To stimulate Mainstream Use Of Blockchain In Games

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“Blockchain technologies’ key innovations unlock vast potential for nearly all forms of digital interaction. Gaming is a $140 billion global industry driven predominantly by digital micro-transaction economies, which we believe will benefit immensely from the integrity and resilience of blockchain technology,” said Brett Seyler, Chief Platform Officer, Forte. “The industry needs solutions that can support these economies at scale with cross-chain interoperability.” Forte’s technology stack includes components designed in close collaboration with Ripple, namely leveraging the open-source Interledger Protocol with XRP serving as a base pair settlement and the container-based hosting solution Codius…

Privacy Coin Monero Cuts Out ASIC Miners to Stay Independent

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On March 9, Monero (XMR) network was successfully upgraded via a hard fork. The new code curbed application-specific integrated circuit (ASIC)-powered mining with a new proof-of-work (PoW) algorithm. Additionally, new dynamic block size algorithm and improved privacy — which is considered to be Monero’s key feature — were introduced. Once the ASIC miners were taken out of the equation, the network’s hash rate dropped over 80 percent — which, however, might be positive for the cryptocurrency in the long term. Anonymity above all: Monero’s main principle Monero is a privacy…

Nasdaq Licences Its Market Surveillance Tech to Crypto Startup Bcause

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United States-based crypto startup Bcause LLC will use Nasdaq’s trading, clearing and market surveillance technology, Nasdaq announced in a press release today, March 13. According to the announcement, Bcause will use the tech for its spot cryptocurrency market, set to launch via Nasdaq’s Financial Framework platform in the first half of 2019. According to Nasdaq, the tech will let the company monitor its markets for manipulative activities and other types of suspicious conduct, therefore creating a more secure spot and derivatives market. Fred Grede, CEO of Bcause, expects that the…

After SEC’s Endorsement, Ethereum (ETH) Likely to Rise than Tank

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Ethereum (ETH) prices stable Constantinople and recent SEC’s head comments bullish for ETH Participation low but likely to rise as projects demand the coin By all means, Constantinople is a demonstration of intention and Ethereum as a platform stands to benefit. Meanwhile, we are bullish on prices expecting that platform demand would see ETH prices rise above $170 in days ahead. Ethereum Price Analysis Fundamentals We must acknowledge that cryptocurrency as a whole is just different. We are in the early stages of adoption, and before these global products break…

NAGA Has Just Released Its New NAGA MasterCard & IBAN Portal

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To mark this event NAGA offers a one-time limited offer: NAGA Card & IBAN completely FOR FREE. This offer is active for the following 7 days only for the first 1,000 users to apply for it. How to get your free NAGA Card? Free NAGA IBAN + Card is available for all approved users with a real-money account. The process of ordering the NAGA Card is three-fold: Upgrade to Live Account on NAGA Visit https://card.naga.com to apply for your free NAGA Card Have your personal NAGA Card delivered to your…

Digital Currency Group, Polychain Back UK Crypto Futures Exchange Coinflex

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Physically delivered crypto futures exchange Coinflex has attracted two more high-profile crypto investors, Digital Currency Group and Polychain Capital, the exchange tweeted on March 12. The new investors have joined Coinflex’s investor consortium, which includes major market making and venture capital names such as Dragonfly Capital Partners, Trading Technologies and Roger Ver. In the same announcement, Coinflex introduced its FLEX Coin, which is designed to encourage liquidity and reward early traders on the platform. Traders will be paid a certain amount of FLEX based on the proportion of the volume…

Tron Tycoon Flaunts Crypto Fortune, Trolls Elon Musk with Tesla Giveaway

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Tesla CEO Elon Musk has yet to add bitcoin as a payment method, but for the crypto community, the door is always open. Tron CEO Justin Sun is putting his money where his mouth is, announcing a $20 million free cash airdrop that includes a Tesla for one follower. Sun wants to celebrate the resounding success of his latest baby, BitTorrent (BTT), and the addition of USDT on Tron later this year. To allay any fears that his account had been compromised in yet another Twitter crypto giveaway scam, Sun…

BitMEX Research Finds ‘Potential Bug’ in Syncing of Ethereum Parity Full Node

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The research arm of major cryptocurrency trading platform BitMEX has revealed in a blog post on Wednesday, March 13, that its Ethereum Parity full node contains a “potential bug.” The alleged bug was discovered while analyzing data from Nodestats.org — BitMEX Research’s new website designed to collect key metrics on Ethereum nodes. In the same blog post, the exchange also announced the launch of Nodestats today, which it created in collaboration with TokenAnalyst. Nodestats shows key data for Ethereum Parity and Ethereum Geth clients — which BitMEX reports are the…

Thailand’s Securities Watchdog Approves Country’s First ICO Portal

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Thailand’s Securities and Exchange Commission (SEC) has given the green light to the country’s first portal for scrutinized initial coin offerings (ICOs). As reported by Bangkok Post on Wednesday, the decision was made by the SEC’s board of directors and now needs final approval from other government bodies such as the Ministry of Commerce, according to the agency’s director of fintech, Archari Suppiroj. The portal is being developed to protect investors by scrutinizing ICOs and auditing their smart contracts, as well as countering financial crimes by ensuring sound know-your-customer processes. Suppiroj further told the Post…

Growing Evidence for Institutional Interest in Crypto and Hope for Positive Change

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Photo: Pixabay In the past year and a half, after the extreme growth and shrinking of the value of cryptocurrencies, there has been surface evidence of growing institutional interest in blockchain technologies and the general crypto industry. This interest would first be identified with the help of large scale venture capitals, looking to diversify their portfolios by investing (on a large scale) in different cryptocurrencies and ICO stage crypto projects. This interest has been quickly followed up with governmental and state level regulation being applied to cryptocurrencies, either to legitimize…