Month: August 2019

HSBC Is First Bank to Finance Transaction via Hyperledger on we.trade

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Multinational banking giant HSBC has reportedly become the first bank to complete financing transaction on European blockchain trade platform we.trade. Since we.trade started the project back in 2017, HSBC recently financed a transaction on the platform within a second round of pilots that started in June 2019, economics magazine Global Trade Review (GTR) reported on Aug. 22. The transaction involved HSBC’s client Beeswift, a Midlands-based producer of protective equipment, and their sale to a Rabobank-banked Dutch firm, the report notes. Based in Dublin, we.trade provides a Hyperledger Fabric-based tool for…

CoinMarketCap Sets November Target Date for New Liquidity Rankings

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CoinMarketCap (CMC), a major source of data about all traded cryptocurrencies, has set the target date of Nov. 12, 2019 to announce a new liquidity ranking system.  DATA Membership CMC revealed the news during the first virtual roundtable held today, Aug. 27, of the Data Accountability & Transparency Alliance (DATA), a group of exchanges and projects in the crypto space formed in May 2019.  DATA currently counts Binance, Bittrex, Huobi, OKEx and others as members. During the DATA roundtable, CoinMarketCap presented three topics for the alliance’s general consideration: the use…

4 Agencies Are Investigating Crypto Exchange QuadrigaCX

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At least four different law enforcement and regulatory agencies are investigating defunct Canadian crypto exchange QuadrigaCX, a new report by bankruptcy trustee Ernst & Young (EY) said. George Kinsman, the court-appointed bankruptcy trustee and EY employee overseeing the exchange’s shutdown and the return of funds to its users, wrote a new report Monday sharing some information about EY’s ongoing attempts to recover crypto and fiat for its creditors. The document outlines the different investigations surrounding the exchange, as well as EY’s motion to transfer QuadrigaCX’s ongoing bankruptcy proceedings from Nova Scotia…

The Bug Bounty Program for Facebook’s Libra Is Now Open to the Public

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The Libra Association has opened its bug bounty program to the public to address security concerns in advance of Libra’s anticipated 2020 launch. Expanding the playing field The announcement comes via a post on Libra’s website on Aug. 27. The post emphasized that the expansion of the program would promote values critical to the Libra Association like “openness, transparency, and global access,”  and ensure minimal issues come launch date. The association wrote that it expects opening the bug bounty program up to the public will encourage “many more people with…

VideoCoin Network Goes Live – Blockchain News

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After a year and a half of hard work and hype, the VideoCoin Network project has debuted its blockchain-powered video infrastructure platform – the VideoCoin Network. The network is for distributing, encoding, and storing video content, and going into the video processing and delivery arena. advertisement For the first time, users can now live stream video content on the VideoCoin Network enabled by the VID Token, which is now available on the KuCoin and Beaxy cryptocurrency exchanges. Content providers can start streaming today at the Videocoin Network. “We built the…

VideoCoin Network Goes Live – Blockchain News

boss

After a year and a half of hard work and hype, the VideoCoin Network project has debuted its blockchain-powered video infrastructure platform – the VideoCoin Network. The network is for distributing, encoding, and storing video content, and going into the video processing and delivery arena. advertisement For the first time, users can now live stream video content on the VideoCoin Network enabled by the VID Token, which is now available on the KuCoin and Beaxy cryptocurrency exchanges. Content providers can start streaming today at the Videocoin Network. “We built the…

EOS Technical Analysis (August 27): A Bullish Momentum

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EOS (EOS)trade is currently trading at $0.28194. Although the cryptocurrency’s price is in a uptrend, when considering the past price’s key points, it can be seen it is currently trading around its resistance. The resistance is also marked by formation of shooting star pattern. The resistance is at $0.2853 and support is at $0.2767. The digital coin’s price is expected to trade between the channel formed by the resistance and support levels until the price breaks out with good volume and closes above $0.2941. Dow Theory According to Dow Theory,…

Karuschain Opens Applications for Blockchain Beta Testers Among Precious Metals Mining Companies

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About Richard Kastelein Founder and publisher of industry publication Blockchain News (EST 2015), a partner at ICO services collective Token.Agency ($750m+ and 90+ ICOs and STOs), director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of some two dozen Blockchain startups and has written over 1500 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat. Irish Tech News…

There is Only a 7% Chance that Bitcoin Price Will Hit $20,000 in 2019

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An analyst has shown data that seems to belittle all forecasts that currently see Bitcoin hitting $20k in 2019. According to the data, there is a 93% chance that Bitcoin will stay below its all-time high. Even though Bitcoin has had a pretty interesting year so far, the price of the king coin has struggled for a while, causing a long period of consolidation without any real pointers to a break out anytime soon. However, bulls – being what they are – are still quite relentless about the coin’s chances…

‘New Normal Bottom Price for Bitcoin Is $10K,’ Says Advisory Group CEO

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Nigel Green, the CEO and founder of financial consultancy firm deVere Group, says that the new normal bottom for Bitcoin (BTC) price is $10,000. BTC price holding $10K level for 3 months London business news outlet LondonLovesBusiness reported on Aug. 27 that Green said: “Looking at its performance this year, I believe that the new normal bottom price for Bitcoin is $10,000. It bounces at this price. If it fluctuates below this level, it shoots back up again. We have seen this in action on Monday when Bitcoin hit $10,500…