Day: June 18, 2019

70% of Crypto Exchanges Have Complied With CoinMarketCap’s Transparency Initiative

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Crypto data provider CoinMarketCap says most listed exchanges have complied with its transparency-boosting mandatory data requests. The news marks the end of the first phase of the site’s Data Accountability & Transparency Alliance (DATA) initiative, which pushes for stricter disclosures, which include live trading and order book data. More accurate, timely and unbiased information will enable site users to draw more informed conclusions from CoinMarketCap data, the firm said in a statement. “The new and detailed criteria for listings will provide clear and concrete guidelines for everyone looking to be listed on CoinMarketCap,”…

70% of Crypto Exchanges Have Complied With CoinMarketCap’s Transparency Initiative

boss

Crypto data provider CoinMarketCap says most listed exchanges have complied with its transparency-boosting mandatory data requests. The news marks the end of the first phase of the site’s Data Accountability & Transparency Alliance (DATA) initiative, which pushes for stricter disclosures, which include live trading and order book data. More accurate, timely and unbiased information will enable site users to draw more informed conclusions from CoinMarketCap data, the firm said in a statement. “The new and detailed criteria for listings will provide clear and concrete guidelines for everyone looking to be listed on CoinMarketCap,”…

Twitter User Claims TradingView Has Ignored a Fibonacci Retracement Bug for 5 Years

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Popular chart analysis service TradingView reportedly contains a bug in the Fibonacci retracement technical analysis tool, according to a tweet by self-proclaimed certified Elliott wave analyst Cryptoteddybear published on June 13. The Elliott wave principle is a type of technical analysis for predicting prices in financial markets by looking at recurring patterns. In a video that he uploaded to YouTube, the analyst explains that the tool does linear calculations when in logarithmic charts, which he notes is a significant issue for Elliot wave traders. The official Twitter account of the…

Microsoft, Salesforce Join Hyperledger Enterprise Blockchain Consortium

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Two of the world’s largest top-10 enterprise software companies by revenue have joined the Hyperledger blockchain consortium. Microsoft and Salesforce are among the eight new members announced by Hyperledger Tuesday. The recruits also include Norilsk Nickel (Nornickel), a Russian metal company; Gloscad, a Polish tech company developing solutions for the agriculture industry; and Milligan Partners, a U.S.-based consulting firm focused on tech solutions for supply-chain management. As members, these companies will pay dues based on their size to Hyperledger, an umbrella project for various business blockchains run by the Linux…

Accenture to Sign Blockchain ID Deal With Canada, Netherlands and Aviation Players

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Global accounting giant Accenture will sign a formal deal with Canada, the Netherlands and other parties to use blockchain in identifying travelers. The company’s managing director of capital markets, David Treat, confirmed the move at the Synchronize Europe conference in London on June 18, attended by a Cointelegraph correspondent. Part of its expanding activities in the blockchain sector, Accenture will team up with the Canadian and Dutch governments, as well as Air France-KLM, Air Canada and several airports under a new agreement. Treat will personally ratify the deal, called “Known…

Bitcoin Price Trades Flat on Facebook Libra Blockchain Launch

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View The unveiling of Facebook’s Libra cryptocurrency has failed to put a strong bid under BTC. The cryptocurrency may be vulnerable to a “sell the fact” pullback, too. The 4-hour chart indicates scope for a drop to $8,800. A break lower would expose key average located at $8,500. On the higher side, a high-volume above the crucial Fibonacci retracement level of $9,442 is needed to strengthen the case for a rise to $10,000. Bitcoin (BTC) is struggling to gather upside traction following Facebook’s official announcement of its Libra cryptocurrency project. At 09:00 UTC…

Facebook’s Crypto Wallet ‘Calibra’ is Coming to WhatsApp in 2020

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Published: 18/06/2019 06:51 EST. Journalist: By CCN Markets: The whitepaper of Libra, a crypto asset created by a non-profit organization in Libra Association led by Facebook has been formally released, disclosing key details of the digital asset and the blockchain protocol that supports it. As speculated, Libra will operate as a stablecoin backed by the Libra Reserve and will represent the value of existing assets such as reserve currencies. Early preview of Calibra crypto wallet | Source: Facebook Newsroom Facebook officially announced that Calibra, the first product built on top…

Digital Asset Partners With Amazon AWS Aurora on Smart Contract Language Interoperability

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Blockchain software firm Digital Asset has partnered with Amazon Web Services (AWS) Aurora to make its open-source smart contract language Digital Asset Modeling Language (DAML) more interoperable. The partnership was revealed in a press release acquired by a Cointelegraph correspondent at the IMN Synchronize Europe Conference in London on June 18. The partnership will enable multi-platform DAML support for various blockchain networks, notably including Hyperledger Fabric and blockchain consortium R3’s Corda, both specifically cited in the press release. Introduced in April 2016, DAML is an expressive language designed for financial…

Facebook Releases Cryptocurrency White Paper for Libra Currency

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Social media giant Facebook has released the white paper for its long-awaited cryptocurrency and blockchain-based financial infrastructure project today, June 18. According to the paper, Facebook’s global stablecoin is dubbed “Libra,” will operate on the native and scalable “Libra” blockchain, and be backed by a reserve of assets ostensibly “designed to give it intrinsic value.” Facebook states that the software that implements the Libra blockchain is open source in order to create an open and interoperable ecosystem of financial services and broaden inclusion. The new cryptocurrency will be governed by…

Samsung SDS Tackles Blockchain Adoption Concerns With New Services

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The IT subsidiary of South Korean tech giant Samsung is launching three new products aimed at addressing clients worries about blockchain, the company confirmed in a press release on June 18. Following what it describes as trouble implementing the technology, Samsung SDS said its new offerings will address core areas of concern among its client base. “When companies apply blockchain technology to their business, they have concerns on  Converging services across various industries, connecting different blockchain technologies […] easy application and expansion of blockchain in timely manner,” the release states.…