Day: June 12, 2019

Buy From Home Depot and Walmart With Bitcoin Cash Through Alagoria

boss

Ordering from large retailers doesn’t necessarily have to involve fiat money, even when these merchants have yet to adopt crypto payments. A platform called Alagoria lets you buy items sold by Home Depot and Walmart and you can pay with decentralized currencies such as bitcoin cash. Also read: Bitcoin People Directory Lists Crypto-Friendly Merchants Alagoria Gives BCH Holders Access to Major Retailers Alagoria.com is a website that allows you to purchase products offered on Homedepot.com and Walmart.com. To do so, find an item you want to buy and then copy…

Bitcoin Briefly Breaks $8,000 as US Stock Market Sees Slight losses

boss

Wednesday, June 12 — most of the top 20 cryptocurrencies are reporting moderate gains on the day by press time, as bitcoin (BTC) approaches the $8,000 mark again after breaching it earlier today. Market visualization courtesy of Coin360 Bitcoin is currently up over 2% on the day, trading around $7,987 at press time, according to Coin360. Looking at its weekly chart, the coin is up nearly 4%. Bitcoin 7-day price chart. Source: Coin360 Ether (ETH) is holding onto its position as the largest altcoin by market cap, which currently stands…

Germany Gains Blockchain Real Estate Fund From Investment Manager Peakside

boss

European investment manager Peakside Capital Advisors has launched a real estate fund for the German market using blockchain technology, the company confirmed in a press release on June 12. The fund, which focuses on assets between €15 and €75 million ($17-$85 million), is a product of a partnership with German funds-as-a-service technology platform Brickblock. Bricklock operates ScalingFunds, an investment management platform that runs on blockchain. The startup tokenized its first property in March this year, as reported by Cointelegraph Deutsche. In today’s press release, Stefan Aumann, founding partner of Peakside,…

CEO of Major American VC Firm Digital Currency Group: Crypto Winter Is Ending

boss

The crypto winter is likely to be ending, a senior executive at major American blockchain venture capital firm Digital Currency Group (DCG) said in an interview with Bloomberg Technology on June 11. Barry Silbert, DGG founder and CEO, outlined the cyclical nature of the ups and downs of major cryptocurrency bitcoin (BTC), which allegedly means that the recent surge of crypto prices would only continue. Silbert, who is known as a serial crypto investor, specifically pointed out that bitcoin’s price dynamics have been “quite a roller coaster,” with its price…

Cardano (ADA) Leads Crypto Market With Staggering 24% Gain in 4 Days

boss

Cardano (ADA) was trading around $0.095 by 10:00 UTC on the crypto exchange Binance on Wednesday, up 8.52 percent since the Asian market opened, marking the asset’s most towering one-day performance since May 15. The upward price action pushed ADA’s market capitalization to $2.412 billion, or 0.95 percent of the global cryptocurrency market valuation. At its prime, ADA’s net assessment was $29.948 billion, per the data provided by CoinMarketCap.com. Cardano (ADA) Records 24% Gains in Last 4 Days | Image Credits: TradingView.com The past 24 hours witnessed the ADA/USD instrument…

FATF to Release New Rules for Global Crypto Sector, Impacting Exchanges, Funds, Custodians

boss

On June 21, the Financial Action Task Force (FATF) will reportedly publish a note clarifying how participant nations should exercise oversight for the digital assets sector, according to FATF spokeswoman Alexandra Wijmenga-Daniel. The news was reported by Bloomberg on June 12. Per Bloomberg, the new rules will apply to a wide gamut of businesses dealing with cryptocurrencies and tokens — including crypto exchanges, custodians and crypto hedge funds. FATF is an intergovernmental organization established on the initiative of the G7 to promote the implementation of legal, regulatory and operational measures…

Enigma’s Ethereum-Based Private Smart Contract Testnet Goes Live

boss

The testnet of private smart contract network Enigma has been launched, the developers announced in a Medium post published on June 11. Per the announcement, the test network, dubbed Discovery, allows developers to start developing their decentralized applications (DApps). Furthermore, contracts hosted on the Discovery testnet will reportedly be immediately deployed on the Ethereum (ETH) network once Enigma has been implemented on the mainnet. The newly launched network reportedly enables privacy for general computations, which enables DApp developers to create secure applications, according to the post. The author of the…

Blockchain-Based Arm of Live Planet Acquires Former 20th Century Fox CTO

boss

The former chief technology officer at 20th Century Fox Film Corporation, Hanno Basse, has joined Live Planet as the president of its Decentralized Media Solutions division, according to a press release on June 11. According to the report, Basse is expected to work on the division’s blockchain-based video infrastructure platform, the VideoCoin Network, as well as its virtual reality (VR) streaming and publishing services. Basse has contributed to a number of tech innovations that are now standard in modern media, such as HD, 3D, 4K-UHD Blu-ray Disc format, High Dynamic…

Major Hong Kong Property Firm to Seek Regulatory Approval for Tokenized Real Estate

boss

Family-owned property firm Stan Group — which represents the assets of “shop king” real estate scion Tang Shing-bor — is set to meet with Hong Kong’s securities watchdog in January 2020 to seek approval for the sale of tokenized real estate assets. Hong Kong English-language newspaper South China Morning Post (SCMP) reported the news on June 12. Stan Group is reported to have a real estate portfolio estimated at over HK$50 billion ($6.38 billion). Against the backdrop of reportedly lacklustre sentiment in the local property market amid escalating trade tensions…