Day: September 18, 2019

Altcoin Season Is About to Return – Here’s Why – CCN.com

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Alternative coins or altcoins have been slowly bleeding over the last two years. This is especially true for altcoins in their bitcoin (BTC) pairs. Many are down by over 90% from their all-time highs. Some mid-cap coins have even breached their historical support levels and are printing fresh lows on an almost daily basis. The drop was so deep that some retail traders had to cut their losses after months of HODLing. OrangeDog Tweet. | Source: Twitter For experienced traders, watching retail investors capitulate is always a good sign. It…

Altcoin Season Is About to Return – Here’s Why – CCN.com

boss

Alternative coins or altcoins have been slowly bleeding over the last two years. This is especially true for altcoins in their bitcoin (BTC) pairs. Many are down by over 90% from their all-time highs. Some mid-cap coins have even breached their historical support levels and are printing fresh lows on an almost daily basis. The drop was so deep that some retail traders had to cut their losses after months of HODLing. OrangeDog Tweet. | Source: Twitter For experienced traders, watching retail investors capitulate is always a good sign. It…

Snowden: US Seizing My Book Revenue is ‘Good for Bitcoin’

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Former U.S. National Security Agency (NSA) subcontractor Edward Snowden is being sued by the Department of Justice (DoJ) for his latest memoir. The agency won’t stop Metropolitan Books from publishing Snowden’s new book but the government will take the revenue he earns from the memoir instead. Following the book publishing fiasco, Snowden said that the outcome was “good for bitcoin.” Also read: India’s Popular ‘Who Wants to Be a Millionaire’ Show Gives Crypto a Boost US Justice Department Files Lawsuit Against Edward Snowden and Seizes Memoir Revenue The 36-year old…

Snowden: US Seizing My Book Revenue is ‘Good for Bitcoin’

boss

Former U.S. National Security Agency (NSA) subcontractor Edward Snowden is being sued by the Department of Justice (DoJ) for his latest memoir. The agency won’t stop Metropolitan Books from publishing Snowden’s new book but the government will take the revenue he earns from the memoir instead. Following the book publishing fiasco, Snowden said that the outcome was “good for bitcoin.” Also read: India’s Popular ‘Who Wants to Be a Millionaire’ Show Gives Crypto a Boost US Justice Department Files Lawsuit Against Edward Snowden and Seizes Memoir Revenue The 36-year old…

IBM and Citibank Join Singapore Late-Stage Blockchain Accelerator

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IBM, Citibank and video game giant Ubisoft have signed up to Singapore-based blockchain accelerator Tribe Accelerator. Corporations mingle with blockchain startups Local news outlet TheStraitsTimes reported on Sept. 18 that the companies above joined as corporate partners Tribe accelerator for the second edition of its four-month program. Per the report, Tribe helps blockchain startups in their growth-stage by connecting them with major corporations. Startups of this second group operate in fields such as media and advertising, cybersecurity, healthcare, fintech and supply chain management.  The list of participating startups includes Binance-backed…

Craig Wright Asks for 30-Day Extension to Delay 500K Bitcoin Payout

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Craig Wright, a self-proclaimed inventor of Bitcoin (BTC), has asked for another extension of a deadline to settle his case involving his late partner Dave Kleiman. Wright entered negotiations On Sept. 17, Wright’s attorneys filed a new 30-day extension for all discovery and case deadlines, citing the need to facilitate the ongoing discussions with Dave Kleiman’s estate as the parties have entered “extensive settlement negotiations.” According to the document, Wright’s lawyers and Kleiman’s estate have reached a non-binding agreement to settle the matter and are continuing to negotiate and finalize…

Security Analysts: New Crypto Mining Malware for Linux Was Discovered

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Cybercriminals are now exploring new platforms and ways to carry out crypto mining attacks using malicious software (also known as cryptojacking), along with ways to keep the malware undetected. One of such malware attacks has recently been identified by two threat-analysts. Skidmap, a new Linux malware, is not only capable of keeping the cryptocurrency mining hidden, but gives the attackers a backdoor access to the infected system through a “secret master password.” The discovery was revealed in blog post by Augusto Remillano II and Jakub Urbanec from the security intelligence…

BUSD — Binance and Paxos Stablecoin Latest to Get US Regulator Consent

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Over the course of the past few weeks, the global cryptocurrency community bore witness to two major announcements related to stablecoins — with the first being the launch of Paxos’s gold-backed Ethereum token, PAX Gold (PAXG), and the other being the release of Binance’s cryptocoin backed by the United States dollar (BUSD).  Paxos, a global digital asset trust firm, announced the launch of its PAXG token via a press release a few days back. In the document, the firm claims that its product is the world’s first crypto asset to…

Coffee Industry Taps IBM Blockchain Solution to Track Supply Chain

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A group of global coffee companies aims to launch a blockchain platform to track coffee using an IBM-developed app by early 2020. Building on IBM Food Trust Platform Farmer Connect, a tech startup developing farm-to-client traceability tools, has teamed up with the world’s top coffee firms such as Jacobs Douwe Egberts (JDE) and Smucker to apply blockchain to coffee supply chain tracking using the IBM Food Trust Platform, the firm announced on Sept. 18. According to a press release by Farmer Connect, the startup has worked with global tech giant…

Altseason? Bitcoin Price Flat as XRP, ETH, XLM Near 20% Daily Returns

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Wednesday, Sept. 18 — Bitcoin (BTC) was still staying close to $10,200 as the largest cryptocurrency left it to altcoins to produce investor gains. Market visualization. Source: Coin360 Another day, another Bitcoin pump delay Data from Coin360 showed BTC/USD had entered yet another day of flat performance, slowly eroding support above $10,000.  Such sideways trading has characterized Bitcoin for almost a week since a push to local highs above $10,400 ran out of momentum.  At press time, BTC/USD circled $10,190, putting in zero progress since Tuesday as the altcoin market…