Day: August 19, 2019

Deloitte Rolls Out Demonstrational Blockchain Platform

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Big Four audit and consulting firm Deloitte has rolled out a blockchain-based platform designed to provide users with blockchain demonstrations and experimentations. In a press release published on Aug. 19, Deloitte revealed the launch of the Blockchain in a Box (BIAB) platform, which the company built based on customer interest in understanding blockchain capabilities in real world use cases.  Demonstrational platform for prototypes Deloitte described the new platform as: “a mobile, self-contained technology platform capable of hosting blockchain-based solutions across four small-form-factor compute nodes and three video displays, as well…

Bank of America Files Patent for Multi-Tiered Digital Currency Wallet

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United States-based investment banking company Bank of America (BofA) has filed a patent for a digital currency wallet with multiple layers of asset access. The proposed wallet would accept different passwords for different amounts of funds requested.  The United States Patent and Trademark Office published BofA’s application on Aug. 15. Per the filing, this technology would comprise a computing platform with a digital wallet interface.  The platform would be configured to operate within a peer-to-peer network for blockchain management — which could potentially be public or private. The application points to…

Price Analysis 19/08: BTC, ETH, XRP, BCH, LTC, BNB, EOS, BSV, XMR, XLM

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Bitcoin is leading a recovery. Is this a bull trap or will it result in a new uptrend? Let’s analyze the charts. 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. Crypto enthusiasts despise fiat currencies while central banks have largely been against cryptocurrencies, as they consider crypto assets to be a form…

3 Reasons Why Bakkt’s September Launch Is Bullish for Bitcoin

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Bakkt is a platform for institutional investors and anyone else to buy bitcoin through its legally compliant system. | Source: Shutterstock By CCN Markets: Most cryptocurrency enthusiasts have been waiting for the launch of bitcoin futures trading platform Bakkt. Recently, the crypto community rejoiced as the ICE-operated company announced the official launch date of Sept. 23. Within 48 hours after the big reveal, bitcoin surged by 10 percent. Many investors know that the entry of Bakkt in the cryptocurrency space is bullish for the long-term health of bitcoin. However, very…

Maltese Crypto Exchange CGEX Shuts Down After Temporary Terminations

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Coinone Global Exchange (CGEX), a Malta-based crypto exchange launched by major South Korean exchange Coinone, will terminate its service in mid-September. Less than a year in operation According to an announcement on Aug. 12, the exchange will shut down services at 2:00 a.m. UTC on Sept. 18. CGEX initially launched in October 2018. CGEX placed a services termination notice on the main page of its website, adding that it has decided that it can no longer maintain service. CGEX’s services termination notice | Source: CGEX  In the notice, CGEX warned…

Gambling or a Window to the Future?

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Recently, there have been an increasing number of blockchain-based prediction markets (PMs) such as Augur, Bitcoin Hivemind, Amoveo, Gnosis, Cindicator, etc. PMs use the technology of smart contracts for bets on various issues. For example, one user could place $100 on President Donald Trump getting reelected for a second presidential term while another person is convinced that a Democratic candidate will win the Oval office in 2020. Once the election is over, the pot is automatically transferred to the winner of the bet. At first sight, betting may not be…

Fidelity Charitable Received Over $100M in Crypto Donations Since 2015

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Independent public charity Fidelity Charitable has received $100 million in cryptocurrency donations, according to its recently published report. In its “2019 Giving Report,” Fidelity Charitable illustrated account development throughout 2018, and provided insights into its growth since its establishment. Generally, the number of donors reached 204,292 in 2018, while back in 2009 the company had 51,918 accounts. Eliminating capital gains taxes When it comes to digital currency contributions, Fidelity received $106 million worth of cryptocurrency donations since it began accepting cryptocurrency in 2015, which includes $30 million in 2018. The…

Win BCH with Bitcoin.com’s Cash Games Stars Leaderboard

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There’s a new promotion happening for Bitcoin.com Cash Games, with new winners each week, and first place taking home $200 in bitcoin cash. It can be said that crypto and gaming are made for each other, thanks to low fees, easy access, and privacy. Now things just got even better, with the new Cash Games Stars promotion, allowing 10 players of some of the most popular games at cashgames.bitcoin.com to win $1,000 in prizes every week. Also Read: Pre-Register for Bitcoin.com’s New Crypto Exchange to Win Bitcoin Cash Prizes Become…

Win BCH with Bitcoin.com’s Cash Games Stars Leaderboard

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There’s a new promotion happening for Bitcoin.com Cash Games, with new winners each week, and first place taking home $200 in bitcoin cash. It can be said that crypto and gaming are made for each other, thanks to low fees, easy access, and privacy. Now things just got even better, with the new Cash Games Stars promotion, allowing 10 players of some of the most popular games at cashgames.bitcoin.com to win $1,000 in prizes every week. Also Read: Pre-Register for Bitcoin.com’s New Crypto Exchange to Win Bitcoin Cash Prizes Become…

SEC Continues to Stall on BTC ETFs, All in Wait for Breakthrough

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The long and uncertain road toward crypto exchange-traded funds (ETFs) being approved by the United States Securities and Exchange Commission (SEC) took its latest turn on Aug. 12, when the regulatory body once again delayed its decision on three ETF proposals. Below is a timeline of all the past and ongoing Bitcoin ETF proposals: What are ETFs?  Similar to stocks in that they are traded on exchanges, ETFs are baskets of securities. ETFs track an index or basket that are proportionately represented in the fund’s share. The development and regulation…