Day: June 12, 2019

Wheaton Precious Metals to Deploy Blockchain in Metal Accounting Processes

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Precious metals streaming company Wheaton Precious Metals (WPM) will use blockchain technology to facilitate its metal accounting processes, mining.com reported on June 12. WPM has reportedly hired software company Blockhead Technologies to deploy its blockchain-based platform STAMP to streamline metal accounting processes. Specifically, the platform purportedly enables its users to track and source certification into mining value chains. By using the platform, WPM aims to boost data management processes and conduct data analysis. WPM is one of the world’s largest precious metals streaming companies. In the fourth quarter of 2018, WPM…

BTC, ETH, XRP, LTC, BCH, EOS, BNB, BSV, XLM, ADA: Price Analysis 12/06

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The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. After the recent rally in crypto markets, most analysts believe that the bear market is over. Barry Silbert, Digital Currency Group founder and CEO, opined that the crypto winter is over and the markets have entered a “crypto spring.” Silbert pointed out that institutional…

Bitcoin: Dorsey’s Square Crypto Snags Ex-Googler

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Square Crypto Takes the Plunge (… Finally) A little over an hour ago, Square Crypto, the Silicon Valley firm’s Bitcoin (BTC) centric initiative/division started making some, uh, odd tweets. Introducing itself as Gary Fuches, the handle, run by Square, the financial technology play by Twitter chief executive Jack Dorsey, claimed that he “loved blockchain in a very big way”. And then in an odd turn of events, “management” came to redact Gary’s comments, revealing instead that Steve Lee will be joining Square Crypto. This, of course, was an evident jab…

Bitcoin: Dorsey’s Square Crypto Snags Ex-Googler

boss

Square Crypto Takes the Plunge (… Finally) A little over an hour ago, Square Crypto, the Silicon Valley firm’s Bitcoin (BTC) centric initiative/division started making some, uh, odd tweets. Introducing itself as Gary Fuches, the handle, run by Square, the financial technology play by Twitter chief executive Jack Dorsey, claimed that he “loved blockchain in a very big way”. And then in an odd turn of events, “management” came to redact Gary’s comments, revealing instead that Steve Lee will be joining Square Crypto. This, of course, was an evident jab…

Napster Creator’s Blockchain Firm Helium Releases IoT Hotspots

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Napster creator Shawn Fanning’s new company Helium has released its internet of things (IoT) wireless hotspot devices with a blockchain-based incentives program, according to an official blog post by Helium on June 12. According to the post, a Helium Hotspot provides wireless connectivity to the Internet; one node on its own will cover about 1/50 to 1/150 of a city, according to the company’s research. The nodes are intended to support a network of internet coverage, one which is decentralized and powered by individual contributors. Contributors are rewarded by an…

Ukrainian Delegation Visits Estonia to Learn About E-Government

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A Ukrainian delegation has visited Estonia to get an expert evaluation of their e-government concept, according to a statement one the website of the Administration of the President of Ukraine published on June 12. Led by advisor to Ukrainian president Mikhail Fyodorov, the delegation met with Estonian authorities on June 10–11. The parties met to discuss future collaboration in the development of new technologies, as well as to get consultations about Ukraine’s govtech concept “Government in a Smartphone.” Fyodorov stated that Estonia was the first government in the world that…

General Motors Leads $23M Funding Round for Spring Labs Blockchain Firm

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United States-based blockchain startup Spring Labs has raised $23 million in a Seed A funding round, according to a press release on June 12. Spring Labs will purportedly use the funds to improve its blockchain-based platform Spring Protocol and develop three new fraud protection products that are designed to combat fraud in the auto financing sector. According to the press release, the new products are Spring Verify, Spring Defense, and Spring Protect, which are designed for identity verification, fraud monitoring/mitigation, and loan stacking prevention, respectively. The products will purportedly provide…

Bitcoin Wunderkind Erik Finman Launches Coinbase Rival

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By CCN Markets: Bitcoin entrepreneur Erik Finman, who became a millionaire by age 18, wants to bring crypto to the masses through a new investing platform called CoinBits. In fact, Finman is so confident in his concept that he projects he’ll be able to onboard one million customers within the next 12 months. Finman: CoinBits Is Better Than Coinbase The 20-year-old high school dropout told MarketWatch that his platform is superior to rivals like Coinbase and Robinhood because it’s much more user-friendly. “The goal of the application is to make…

Eos Developer Block.one Working With Lobbying Firm on Blockchain Issues

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Eos (EOS) parent company Block.one has disclosed that it is a client of a lobbying firm in a disclosure form registered in May. In the document, Block.one is cited as the client of international law firm Holland & Knight LLP, whose offices globally work on over 200 different practice areas including regulatory and government affairs, blockchain technology and e-commerce. In the Specific lobbying issues (current and anticipated) field Block.one indicated “policy related to blockchain.” Block.one has apparently contributed $30,000 for lobbying activities. The document also reveals that Scott Mason and…

XRP Price Could Soar More than 60% Based on Technical Signals: Analyst

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By CCN Markets: On June 6, author and chartist Peter Brandt (@PeterLBrandt) took to Twitter to share his bullish view on Ripple’s price action. In his tweet, he mentioned two cryptocurrencies flashing bullish signals against Tether US (USDT): Litecoin and Ripple. While he did not specify the targets for Litecoin, he emphasized two target prices for Ripple, which are 0.5688 and 0.6260. Trader Peter Brandt sees bullish signals for XRP. | Source: Twitter Peter Brandt is one of the most respected figures in the crypto community on Twitter. While he…