Day: September 11, 2019

Seed CX Subsidiary Zero Hash Launches Support for Crypto Derivatives

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Zero Hash, a calculation and settlement agent and subsidiary of cryptocurrency platform Seed CX, has added support for derivatives. According to a press release published on Sept. 11, Zero Hash now allows the settlement of bilateral derivatives transactions and supports settlement functions for forwards. The newly released service provides collateral management for derivatives, including options such as  “the calculation of variation margin, initial margin and final settlement values […] the sending of margin-call notifications.” Expansion to new options After procuring a virtual currency license from the United States Financial Crimes…

Chinese Police Reportedly Close Office of ICO Startup

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The offices of Chinese initial coin offering (ICO) startup GXChain have reportedly been closed by the local police. On Sept. 11, Dovey Wan — founding partner of blockchain-based investment company Primitive Ventures — tweeted a photo of an office taped closed (presumably by Chinese police) and announced that GXChain “got clamped down by the Chinese police.” She also said that she believes the project to be notable and legitimate: “GXChain was a very hot ICO back in the days with ATH market cap over $600M (even now still holds $48M)…

ConsenSys Officially Joins Hyperledger Project – Adding Public Blockchain Capability to Hyperledger

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ConsenSys and Hyperledger announced that ConsenSys has become the newest Premier Member of Hyperledger – and – ConsenSys’s PegaSys protocol engineering group submitted its Ethereum client, formerly known as Pantheon, now known as Hyperledger Besu, the first public chain compatible blockchain submission to Hyperledger. Hyperledger is an open-source collaborative effort created to advance cross-industry blockchain technologies, hosted by the Linux Foundation. advertisement Joseph Lubin, Co-Founder of Ethereum and Founder of ConsenSys, will join the governing board of Hyperledger, which now counts 22 members. “PegaSys and ConsenSys have been committed to…

ConsenSys Officially Joins Hyperledger Project – Adding Public Blockchain Capability to Hyperledger

boss

ConsenSys and Hyperledger announced that ConsenSys has become the newest Premier Member of Hyperledger – and – ConsenSys’s PegaSys protocol engineering group submitted its Ethereum client, formerly known as Pantheon, now known as Hyperledger Besu, the first public chain compatible blockchain submission to Hyperledger. Hyperledger is an open-source collaborative effort created to advance cross-industry blockchain technologies, hosted by the Linux Foundation. advertisement Joseph Lubin, Co-Founder of Ethereum and Founder of ConsenSys, will join the governing board of Hyperledger, which now counts 22 members. “PegaSys and ConsenSys have been committed to…

Ethereum Dev Firm ConsenSys Now a Premier Member of Hyperledger

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Ethereum-focused development firm ConsenSys becomes a premier member of blockchain development project Hyperledger, according to a press release shared with Cointelegraph. Software already submitted Per the release, ConsenSys also submitted its Pantheon Java-based Ethereum client to Hyperledger as the project ​Hyperledger Besu. Besu, which is reportedly the first public chain compatible blockchain submission to Hyperledger, is the fifteenth Hyperledger project.  Hyperledger executive director Brian Behlendorf commented on the submission, saying: “By submitting the code for Hyperledger Besu right out of the gate, ConsenSys is showing its support for our mission…

New Mining Difficulty Metric Points to $31K Bitcoin Price by 2021

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Bitcoin (BTC) price should hit $30,000 during its current price cycle, new data based on mining difficulty suggests. Published by well-known analyst PlanB on Sept. 10, the statistics combine Bitcoin price as a percentage of difficulty lows, along with the number of blocks since the last low. The difficulty is a measure of how difficult it is to find a hash below a given target. Simply put, it measures the complexity of the equations miners must solve in order to validate blocks of Bitcoin transactions.  It can act as a…

Telegram Open Network Labs Releases Development Suite for TON Blockchain

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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…

Mastercard Partners With Blockchain Firm R3 for Payments Solution

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Mastercard partnered with blockchain firm R3 to develop a cross-border payment solution. According to a Mastercard press release published on Sept. 1, the two firms plan to pilot a new blockchain-enabled cross-border payment solution. The system will reportedly focus on connecting global faster payments infrastructures, schemes and banks. Multiple ways to move money Per the release, the announcement is part of Mastercard’s plans to strengthen its cross border payments network, building on its acquisition of global payments company Transfast earlier this year.  The partnership with R3 is part of the…

Analysis: Chainlink Engaged in Pump and Dump Scheme to Manipulate LINK Price

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The blockchain analytic firm, AnChain.ai, recently raised some dust in the crypto sphere when it posted some research findings that suggest Chainlink (LINK) has become a home to the infamous pump and dump scam. Although no confirmations are made yet, the findings by AnChain.ai show that a group of investors are of the habit of manipulating the price of Chainlink’s native cryptocurrency Link. According to the research, which was conducted from April 1 through July 26, the recent price jump experienced around June 28 is as a result of some…

BitMEX Operator HDR Global Hires Former BNP Paribas Exec

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BitMEX parent firm HDR Global Trading has hired a former executive of French banking group BNP Paribas as the group’s general counsel. 28 years of legal expertise Derek Gobel, who served at BNP Paribas for more than 19 years, will now oversee HDR Global’s legal function and help the company move forward in a constantly evolving regulatory environment, according to a blog post on BitMEX on Sept. 11. A member of the Legal 500’s 2017 GC Powerlist in China and Hong Kong, Derek will bring 28 years of experience working…