Day: September 20, 2019

SLP Token Environment Built on Bitcoin Cash Continues to Expand

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According to public data, a number of individuals are creating tokens using the Simple Ledger Protocol (SLP) on the Bitcoin Cash (BCH) blockchain every day. The SLP ecosystem is expanding and has given anyone the ability to create the next great digital token for tomorrow. Also read: Snowden: US Seizing My Book Revenue is ‘Good for Bitcoin’ SLP Hackathon Prize Pool Grows, Crescent Cash Improvements, and Art on the Bitcoin Cash Blockchain If you follow the BCH community, you’ve likely heard of the Simple Ledger Protocol (SLP) and the tokens…

Verizon Awarded Patent for Blockchain-Based Virtual SIM Cards

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Leading communications and technology company Verizon has been awarded a patent for using virtual subscriber identity modules (vSIMs) for customers’ devices. A filing with the United States Patent and Trademark Office on Sept. 10 details a blockchain encryption technology, wherein a traditional physical SIM card can be replaced with a software SIM version. According to the filing, this ensures more security and the existence of only one copy of the vSIM on one device at a time. The document further explains: “The network device initiates creation of a blockchain including…

Facebook Set on 2020 Launch for Libra, Despite Regulators’ Pushback

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David Marcus, the head of Calibra at Facebook, has said that a 2020 launch for Libra remains the company’s goal, despite regulators’ intense hostility toward the project. In an interview with Swiss newspaper NZZ on Sept. 20, he said that in the intervening time, the team behind Libra would need to address all concerns adequately and to create a suitable regulatory environment. “I see Libra facing greater user acceptance problems than regulatory ones” Marcus addressed regulators’ fears that the social media giant’s planned stablecoin could potentially disrupt central bank monetary…

Bakkt Brings the Legitimacy Bitcoin’s Always Craved – CCN.com

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Bitcoin aficionado and Fundstrat cofounder Tom Lee says he’s more bullish on the crypto sector than ever, remarking that Bakkt’s imminent launch could bring some much-needed legitimacy to the market. Lee tweeted that Bakkt’s launch should bode well for the highly-lauded hopes of institutional involvement in the cryptocurrency industry. Tom Lee looks forward to the launch of Bakkt and the legitimacy it will bring | Source: Twitter Lee’s assertation that Bakkt’s launch may improve the trustworthiness of the industry will be music to many crypto enthusiasts’ ears. Institutional involvement and…

Bakkt Brings the Legitimacy Bitcoin’s Always Craved – CCN.com

boss

Bitcoin aficionado and Fundstrat cofounder Tom Lee says he’s more bullish on the crypto sector than ever, remarking that Bakkt’s imminent launch could bring some much-needed legitimacy to the market. Lee tweeted that Bakkt’s launch should bode well for the highly-lauded hopes of institutional involvement in the cryptocurrency industry. Tom Lee looks forward to the launch of Bakkt and the legitimacy it will bring | Source: Twitter Lee’s assertation that Bakkt’s launch may improve the trustworthiness of the industry will be music to many crypto enthusiasts’ ears. Institutional involvement and…

‘The Business Blockchain’ Author Predicts Year-End Prices of Top Cryptos – CCN.com

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On Wednesday, the author of the book “The Business Blockchain: Promise, Practice, and Application of the Next Internet Technology,” William Mougayar, took to Twitter to share his fearless forecast on the possible year-end prices of top cryptos. The crypto tokens that made Mr. Mougayar’s list include bitcoin, Ethereum, Ethereum Classic, and Binance Coin among others. Strong end of the year predictions from William Mougayar. | Source: Twitter What immediately caught our attention is the author’s predictions on the top two cryptos. Mr. Mougayar believes that bitcoin will print a new…

Blockchain Enters the Frontline in Department of Homeland Security’s War On Counterfeits

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The advantages of blockchain technology are being recognized by various government departments all over the world and the latest one to do so is the US Department of Homeland Security, which is now running a POC using decentralized ledger technology to protect intellectual property. According to a recent report, over 40% of products that are available on major Chinese online retail outlets are counterfeit and a considerable portion of such goods are said to be entering the US territory, in circumvention of US Trademark Laws. The list of such illegal…

CME Group to Launch Options on Bitcoin Futures in Q1 2020

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The Chicago Mercantile Exchange (CME) Group is adding options to its Bitcoin (BTC) futures contracts in Q1 2020, pending regulatory review. The development was announced in an official news release on Sept. 20. Options will give clients more “flexibility to hedge Bitcoin price risk” Tim McCourt — CME Group Global Head of Equity Index and Alternative Investment Products — stated: “Based on increasing client demand and robust growth in our Bitcoin futures markets, we believe the launch of options will provide our clients with additional flexibility to trade and hedge their…

Ethereum, Dogecoin Signal First Bullish Trend Reversal in 2 Years

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When the Binance ban for users in the United States was first announced a few months ago, the market feared that significant volume and money would exit.  Interestingly enough, as the launch of Binance America nears, altcoins are suddenly starting to move upwards with decent volume. Sell the rumor, buy the news. Cryptocurrency market 7-day performance. Source: Coin360 It’s not only Ether (ETH) making significant gains upwards after bouncing from $170 either.  Other altcoins are also currently outperforming Bitcoin (BTC). Stellar Lumens (XLM) is up 42% from its recent bottom,…

‘Bitcoin Now a Regulated Market of Significant Size’

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Crypto index fund provider, Bitwise Asset Management, has given another presentation to the United States Securities and Exchange Commission (SEC) in its bid for regulatory approval of its proposed Bitcoin exchange-traded fund (ETF).  In a memorandum, issued Sept. 17, the SEC published Bitwise’s presentation outlining why it believes the SEC’s concerns have been largely met. Bitcoin spot market now more efficient The presentation started by recapping how the market has evolved and improved over the past two years. Firstly, the spot market has become more efficient, with the average deviation…