Day: April 17, 2019

Ethereum Consortium Launches Token Initiative With Microsoft, JPMorgan Chase, Others

boss

The Enterprise Ethereum Alliance (EEA) has launched a blockchain-neutral Token Taxonomy Initiative in partnership with major firms, according to a press release from EEA on April 17. The initiative will seek to define tokens in non-technical and cross-industry terms in a bid to drive enterprise token adoption at scale. The EEA describes itself “a member-driven standards organization whose charter is to develop open, blockchain specifications that drive harmonization and interoperability.” Members of the initiative reportedly include global consulting firm Accenture, major banks Santander and JPMorgan Chase, blockchain incubator ConsenSys, Big…

Telegram Cuts Deal With Wirecard to Build Blockchain Shared Payment and Banking Solutions For TON

boss

Founded by two Russian brothers,  Pavel and Nikolai Durov, Telegram’s  Telegram Open Network (TON), has entered into a partnership with Germany’s Wirecard to team up and work on a single platform for digital financial, payment and banking services. TON raised some USD$1.7 Billion in an ICO in 2018, and is the planned cryptocurrency for Telegram. Telegram, with its 200,000,000 active monthly users, is a popular messaging system with the crypto and blockchain communities – not surprisingly, with its 256-bit symmetric AES encryption, 2048-bit RSA encryption and Diffie–Hellman key exchange. advertisement This follows news of…

eToroX: a secure and regulated cryptocurrency exchange

boss

eToro, a social trading and multi asset brokerage, launched its own secure and regulated cryptocurrency exchange called eToroX. It is a regulated trading venue that offers a range of crypto-assets as well as stablecoins. The exchange will initially offer trading in six cryptocurrencies – Bitcoin (BTC), Ethereum (ETH), ripple (XRP), dash (DASH), Bitcoin Cash (BCH) and litecoin (LTC). It will also offer 37 trading pairs including BTC-USD, XRP-GBP. Additionally, the exchange has introduced eight fiat-backed stablecoins – New Zealand dollar (NZDX), Japanese yen (JPYX), Swiss franc (CHFX), United States dollar…

Bitcoin Price Analysis: BTC/USD Expecting Breakout at $5,299

boss

Photo: Tim Reckmann / Flickr Key Highlights: Bitcoin may continue its ranging movement; the breakout at $5,299 level will expose $5,574; traders should be patient before taking a position. BTC/USD Medium-term Trend: Ranging Resistance levels: $5,299, $5,574, $5,840Support levels: $4,988, $4,742, $4,491 BTC/USD continues sideways movement on the medium-term outlook. The sideways movement of Bitcoin price continues on the 4-hour chart. The crypto started ranging six days ago till the present moment. It is range–bound within the resistance of $5,299 and the support level of $4,988. It is currently touching…

BitMEX Owner Partners With Trading Technologies to Expand Crypto Trading Base and Tools

boss

United States-based professional trading infrastructure firm Trading Technologies International (TT) has partnered with the parent company of Hong Kong cryptocurrency derivatives trading platform BitMEX to open up its products to crypto derivatives traders. TT announced the news in a press release on April 17. As the press release notes, the partnership is between TT and the owner of BitMEX, HDR Global Trading. TT, which offers various market access tools and services, will now offer its market tools to BitMEX traders through its TT platform. Similarly, TT traders will be able…

Crypto Exchange Gemini Rolls Out Native Wallet Support for SegWit Bitcoin Addresses

boss

Gemini, the crypto exchange founded by the Winklevoss twins, has updated its wallet infrastructure to include support for Segregated Witness (SegWit) bitcoin (BTC) addresses. The news was revealed in a Gemini blog post on April 15. SegWit is a scalability solution for the bitcoin network, first activated in late 2017. As well as increasing block size, Segwit moves the “witness” signature data to a separate location. It thus solves what is known as transaction malleability, which is conducive to second-layer solutions like Lightning Network (LN). Claiming that Gemini is the…

Accenture, Generali Launch Blockchain Solution for Employee Benefits

boss

Ireland-based global consulting firm Accenture and Italy-based insurance giant Generali Group’s employee benefits unit have debuted a blockchain solution for employee benefits. The partnership was announced in a press release from the firms on April 16. Generali Employee Benefits (GEB) is an employee benefit solutions provider and global business line of Italy’s largest insurance firm — and 8th largest globally. The press release states that GEB operates the largest employee benefits solutions network worldwide. The blockchain solution will reportedly facilitate data sharing for parties involved in the reinsurance process for…

Telegram’s TON Partners With Wirecard to Develop Digital Financial Services

boss

The development team behind encrypted messaging service Telegram’s forthcoming blockchain ecosystem Telegram Open Network (TON) has partnered with German financial services provider Wirecard. The latter revealed the news in a press release on April 17. TON Labs, which also functions as a knowledge base for decentralized project development, will work with Wirecard to develop new digital financial products, the press release reports. The partnership comes a week after sources hinted that TON had moved to private beta testing mode, a watershed moment for the project since its massive private initial…

Ripple Shouts ‘Global Expansion’ Plan for Crypto-Powered xRapid

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: Asheesh Birla, the senior vice-president of product at San Francisco-based Ripple, recently revealed that the company has aggressive expansion plans for xRapid, its XRP-powered crypto remittance platform. Ripple’s…

Ripple Shouts ‘Global Expansion’ Plan for Crypto-Powered xRapid

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: Asheesh Birla, the senior vice-president of product at San Francisco-based Ripple, recently revealed that the company has aggressive expansion plans for xRapid, its XRP-powered crypto remittance platform. Ripple’s…