Day: April 29, 2019

ChangeNow’s NOW Token Overtakes Peers as the First Issued Token on Binance Chain

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Last week news broke that Binance, which is considered to be the biggest cryptocurrency exchange platform has launched its own Binance Chain as a precursor to the unveiling of its decentralized exchange, the BinanceDEX. The launch of Binance chain sets the stage for the transition of Binance from being a company into becoming a community. In addition, the Binance Chain is a big deal because it could prove to be a worthy competitor to Ethereum as a platform for listing projects and issuing tokens as it’s backed by Binance, which…

$325 Million Bitcoin-Accepting Real Estate Project in Dubai Pauses Operations

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This article has been updated to include comments from the press office of Lady Mone. The Aston Plaza in Dubai, a major bitcoin (BTC) real estate project, is reportedly pausing its operations, British daily news agency The Times reports on April 28. The $325 million project — developed by founder of the Ultimo lingerie brand Michelle Mone and her billionaire partner Douglas Barrowman back in 2017 — includes 1,300 luxury apartments, with at least 150 units planned to be sold in bitcoin. Touted as the first major development of this size…

HTC Plans to Launch 2nd Gen Blockchain Smartphone in 2019

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Taiwanese consumer electronics giant HTC has revealed plans to launch a second-generation model of its blockchain-centric smartphone before the end of 2019. The news was announced in a report from English-language Asian IT news source Digitimes on April 29. According to HTC’s chief decentralized officer Phil Chen, the development is a bid to boost smartphone sales and expand the company’s blockchain ecosystem. As previously reported, HTC first unveiled plans for its blockchain-focused smartphone, dubbed “Exodus,” in spring 2018, launching the product later that year. Chen revealed that sales performance for…

Moody’s Research Warns Corporations That Private Blockchains Contain New Risks

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United States credit rating agency Moody’s Investor Service warned about the dangers of private versus public blockchains in new research issued on April 25. Part of an investigation into the potential impact of blockchain technology on structured finance, the report highlights key differences between current market trends. Specifically, corporations should be aware of the pluses and minuses involved in using private blockchains, which can run without a decentralized consensus or governance mechanism and thus become open to manipulation. “New risks with blockchain technology in securitizations may emerge as well as…

How to Monetize Your Blog or Website With Bitcoin Games

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If you have a popular website, blog or even a large mailing list of people interested in cryptocurrencies or online games, there are a few ways to monetize your traffic. One quick and easy revenue-generating solution is to create a referral program that’s tailored to the interests of your audience. Also Read: How to Start Cloud Mining Bitcoin Cash Monetize Your Traffic With a Referral Program A referral program offers content creators the option to make money from their work, not by getting paid a few cents to display ads,…

Blog: Helping us strike the right balance between journalism and data protection

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Privacy and freedom of expression are both fundamental rights that are equally vital to our society, democracy and way of life. But they can sometimes appear to be in conflict with each other. Our data protection laws aim to reconcile these rights and achieve a crucial balance. But it is important that those organisations engaged in journalism know how to apply the requirements and exemptions in practice.  Respecting individuals’ rights and treating their personal data within the law is vital to maintaining the public’s trust, and this applies to journalism…

Bitcoin on the Defensive But May See Bounce at Key Price Support

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Bitcoin is looking south, as per the bearish divergence of the 14-day relative strength index and other short-term technical indicators. A deeper pullback to levels below $5,000, however, would remain elusive if the 30-day moving average (MA), currently at $5,107 holds ground. That average repeatedly limited losses in March. A rebound from the 30-day MA could be followed by re-test of recent highs above $5,600. A UTC close below the 30-day MA would strengthen the short-term bearish case and expose the 50-day MA lined up at $4,649. Bitcoin’s (BTC) short-term…

$4.3 Million Lost as Crypto Scams in Australia Rise 190% in 2018

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A 190% increase in cryptocurrency scams saw Australian consumers lose $6.1 million Australian dollars ($4.3 million) in 2018, according to a report released by the country’s Competition and Consumer Commission on April 29. The substantial rise from the AU$2.1 million ($1.48 million) lost in 2017 came despite an industry wide slump in cryptocurrency prices, with Australian authorities receiving 674 reports where crypto was used to pay scammers. Most of the victims were targeted by investment scams where they are encouraged to purchase digital currencies or asked to make crypto payments for access…

Bitcoin Momentum Fails, Bearishly Overbought for the First Time Since 2017

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By CCN.com: According to a cryptocurrency trader, a technical indicator of bitcoin is signaling a potential downturn in the market for the first time since December 2017. The indicator, known as the Relative Strength Indicator (RSI) bearish divergence, signals a bearish downtrend and a decline in momentum. The bitcoin price has slightly declined in the past week (source: coinmarketcap.com) The RSI is typically utilized by traders to evaluate the momentum of the trend of an asset or a market. A bearish divergence flashes when the price of an asset, in…

Financial Watchdog Adopts Role as Supervisory Authority for Crypto Sector

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Finland’s Financial Supervisory Authority (FIN-FSA) is set to assume its role as a registration authority and supervisory agency for crypto industry participants as new legislation comes into force this week. The news was revealed in an announcement published by FIN-FSA on April 27. With Finland’s Act on Virtual Currency Service Providers set to come into effect on May 1, the watchdog clarifies that it will henceforth be statutorily required to register all crypto exchanges, custodian crypto wallet providers and cryptocurrency issuers operating in the country. As FIN-FSA notes, the new…