April 4, 2019

Interim Bail Granted to Two Brothers Accused in $300 Mln Crypto Ponzi Scheme

April 4, 2019 boss

The Supreme Court of India has granted interim bail to two brothers who are among the chief suspects accused of running a Bitcoin (BTC)-related Ponzi scheme. The development was reported by Indian tech startup news source Inc42 on April 3. Amit Bhardwaj and his brother, Vivek Bharadwaj, have succeeded in their appeal for interim bail, which they had reportedly requested in November 2018, with Amit asked to deposit ₹10 crores (~$1.5 million) for the bail, Inc42 writes. As previously reported, the Bhardwaj brothers had been arrested on April 4, 2018…

Bitcoin (BTC) Profiteering? Active Wallets Shot Before Apr-2 Price Surge

April 4, 2019 boss

Bitcoin prices register double digit gains and steady above $5,000 An analytical firm notes a spike in wallet active just before the spike. Heightened cryptocurrency wallet activity could have triggered recent price rally. Analytical firm says that only 10 percent of Bitcoin wallets were inactive in the last two weeks leading up to the price surge. In other news, Canada Bitcoin (BTC) forfeiture is the largest in history coming at the time when Bitcoin (BTC) is bottoming up, registering strong gains in the right direction. Bitcoin Price Analysis Fundamentals In…

Bitcoin Dips Below $5,000 as Crypto Market Trend Slightly Reverses to Red

April 4, 2019 boss

Thursday, April 4 — following its first major bullish move in 2019, the crypto markets reversed to see red today, with Bitcoin (BTC) having dipped below the $5,000 threshold. Out of the 20 top coins by market cap, only two altcoins are seeing some growth over the day. Ranked 17th and 18th by market cap, NEO (NEO) and Ontology (ONT) are up around 4.4 and 3.8%, respectively. Market visualization from Coin360 The biggest cryptocurrency, Bitcoin, is trading at $4,972, down around 2% over the past 24 hours. Having hit a…

Austria’s Largest Energy Provider Develops Blockchain Fridge With Bosch

April 4, 2019 boss

Austria’s largest energy provider, Wien Energie, has developed a blockchain-driven fridge in partnership with tech giant Bosch, Cointelegraph’s correspondent reported from the ANON Blockchain Summit Austria. Wien Energie presented the new model during the crypto conference in Vienna on April 3. The official release claims that the decentralized technology is used in the construction of a refrigerator for the first time. The main goal behind the project is to increase consumer interest in the sustainable consumption of energy. A blockchain solution in this case allows one to choose the source…

Parliament Blocks Brexit No-Deal But Bitcoin (BTC) Still in Play

April 4, 2019 boss

On April 3, UK lawmakers were able to pass a preventative measure by one vote that would stop the possibility of No-Deal Brexit. Compared to alternative outcomes over how U.K. transition away from the European Union will occur, No-Deal has been hailed as one of the more catastrophic. The move would have entailed an immediate cease in relations between the U.K. and E.U, with no clear path forward on how the two would interact going forward–in effect producing massive economic, trade and travel uncertainty. However, cryptocurrency analysts have pointed out…

Billionaire Novogratz Slams Litecoin, Screams ‘Buy Bitcoin’

April 4, 2019 boss

Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. By CCN.com: Crypto trader Mike Novogratz fails to see the value in Litecoin. Novogratz, who is at the helm of crypto merchant bank Galaxy Digital, blasts Litecoin’s size and in…

Billionaire Novogratz Slams Litecoin, Screams ‘Buy Bitcoin’

April 4, 2019 boss

Russian Gas Giant Gazprom to Use Blockchain in Gas Supply Agreements

April 4, 2019 boss

The Russian prime minister has welcomed an initiative to use blockchain in agreements over gas supplies by the country’s state-owned gas giant Gazprom, local finance news outlet Vestifinance reports on April 4. The news agency operates under Russian Television and Radio Broadcasting Company (RTR), a major TV channel. The head of Russia’s state-owned gas giant Gazprom, Alexey Miller, has met with Russian prime minister Dmitry Medvedev to report on the development of applications powered by distributed ledger technology (DLT). According to Miller, Gazprom has carried out substantive work with Russia’s…

London council fined by the ICO for disclosing sensitive personal data about alleged gang members

April 4, 2019 boss

The Information Commissioner’s Office (ICO) has fined the London Borough of Newham £145,000 for disclosing the personal information of more than 200 people who featured on a police intelligence database. The database is known as the ‘Gangs Matrix’ and its purpose is to record information in respect of alleged gang members. An ICO investigation found that on 26 January 2017, a Newham Council employee sent an email to 44 recipients that contained both redacted and unredacted versions of the Gangs Matrix. These had previously been sent to the council by…

Start Up Energy Transition (SET) names Blockchain Company Insolar amongst Top 100 Tech Innovators

April 4, 2019 boss

The Start Up Energy Transition (SET) recently named Insolar, a leading Blockchain company offering enterprise solutions, amongst the top 100 firms. SET is an international initiative which supports innovation in transitioning to greener energy, bringing together the most outstanding international start-ups in the field of energy with key stakeholders in the sector, such as Shell, E.ON, EDF and the government offices of several countries. Insolar is a global technology company building innovative public and private Blockchain solutions on their Platform. advertisement SET partners with the German Energy Agency (dena) to…