April 11, 2019

Tron (TRX) Cards, Double digit Gains and now Losses, Back to 2.5 Cents?

April 11, 2019 boss

Tron prices down 12.7 percent Tron dApps activity high Gambling and related betting dApps are driving blockchain and crypto adoption according to a report by dApp tracker. Although most dApps do launch from Ethereum, activity is visible in Tron and EOS. Regardless, TRX is down 10.6 percent after gapping down in the Asian session. Tron Price Analysis Fundamentals Blockchain and cryptocurrency are not only growing, but the tech is maturing. If anything, it appears that last year’s winter did solidify the resolve of developers, platform founders sieving out speculators. The…

Former Paypal, Google Engineering Exec Joins Bakkt as Chief Product Officer

April 11, 2019 boss

A former engineering executive at PayPal and Google will join the team behind the institutional digital asset platform Bakkt, the firm’s CEO Kelly Loeffler announced in a blog post on Medium on April 11. With over 25 years of experience in digital payments, engineering, strategy and operations, Mike Blandina has joined Bakkt as its chief product officer (CPO). As the new CPO of Bakkt, Blandina will lead the firm’s efforts to converge a trusted ecosystem for digital assets with payments use cases in order to help Bakkt bring real applications…

Crypto Hedge Fund Polychain Capital Saw Assets Under Management Drop 40% In Q4 2018

April 11, 2019 boss

Cryptocurrency hedge fund Polychain Capital saw its assets under management (AUM) shrink from an erstwhile $1 billion high to $591.5 million in Q4 2018. The news was reported on by the Wall Street Journal on April 11. The WSJ’s sources attributed the steep decline to a drop in the value of the fund’s holdings amid a protracted crypto bear market, “rather than […] redemptions by investors.” Whereas the hedge fund saw a roughly 40 percent drop in the value of its AUM from April through December 2018, total market capitalization…

Cryptos Struggle With Mass Adoption in Pakistan

April 11, 2019 boss

Almost a year after a blanket ban on cryptocurrencies, Pakistan has come a long way in its attitude toward the space. A recent notice by the State Bank of Pakistan (SBP) declared that institutions willing to work in the sphere of “electronic money” can now get licenced by the SBP to “issue e-money for the purpose of digital payments.” As reported by a Pakistani news association, The Express Tribune, the government hosted a meeting at the Islamabad office of the State Bank of Pakistan on April 1 for the discussion…

Telegram’s Cryptocurrency Stealthily Entered Private Beta: Russian Report

April 11, 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. According to local Russian news outlet Vedomosti.ru, Telegram’s Open Network is now live in private beta, with several programmers and beta testers having access to the highly-touted cryptocurrency project. The…

Telegram’s Cryptocurrency Stealthily Entered Private Beta: Russian Report

April 11, 2019 boss

A Spring Before Bitcoin (BTC) Rally To $50,000 As Brian Projects?

April 11, 2019 boss

Bitcoin prices accumulate above $5,100 Transparency translating to confidence, Bitcoin on the path to $50,000 The transparent nature and increasing oversight on Bitcoin-related transactions mean it hard to launder money via the network. That’s unlike traditional systems where banks now have to fire employees and shoulder heavy fines after flouting AML and KYC rules. It is because of this that Bitcoin (BTC) is gaining ground and resulting demand could fuel the next wave to $50,000 according to Brian Kelly. Bitcoin Price Analysis Fundamentals There is always something special about Bitcoin.…

Blockstack Eyes SEC-Regulated $50 Mln Token Sale With Participation From Harvard Endowment

April 11, 2019 boss

Decentralized computing network Blockstack has applied to the United States Securities and Exchanges Commission (SEC) to launch a $50 million token sale which — if approved — would be the industry’s first SEC-qualified offering. The development was revealed in a filing with the SEC dated April 11. The sale, which is being proposed under the SEC Regulation A+ framework, would be operated via a wholly-owned subsidiary, “Blockstack Token LLC,” and involve the sale of 295 million Stacks tokens. The filing outlines that different allocations of a total of 295 million…

#Metahash Community Has Been Growing… Don’t Miss Out!

April 11, 2019 boss

Blockchain technologies and applications are very much alive and kicking, depending on whose side you are looking. For a bit of history, the #Metahash trial period which ran through Q2 2018, leveraging more than 200 temporary servers throughout the world, are now replaced by token owner nodes after the network became fully functional. From that trial, #MetaHash validated its goal of 60,000 – 80,000 Transactions Per Second and now they have almost 500 server nodes established by the community #MetaGate, the network’s decentralized browser, has changed significantly – from a…

Crypto Industry Is About Fundamental Redesign of Functioning of Civic Society

April 11, 2019 boss

The crypto and blockchain industry is about a fundamental redesign of the basics of how civic society will ultimately function, according to Circle CEO Jeremy Allaire. The CEO provided his stance at a recent panel within the 2019 Spring Meetings of the World Bank Group and the International Monetary Fund (IMF) in Washington, D.C. on April 10. Allaire discussed both the potential and the issues associated with crypto and blockchain-related developments in a panel dubbed “Money and Payments in the Digital Age.” Moderated by the IMF’s managing director Christine Lagarde,…