Day: October 15, 2019

A New Trend in Crypto Funding Campaigns: Companies Resorting to IEOs

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The second quarter of 2019 demonstrated a growing popularity of the initial exchange offering (IEO), which has replaced the outdated initial coin offering (ICO) model. The new trend — the key role of which is played by a cryptocurrency exchange auditing projects and organizing token sales — has established itself positively among startups.  Crypto market stats show that over 65 IEOs have been launched in the past six months, with about 40 of them having reached their soft cap or even hard cap successfully. About 15 IEOs will be launched in…

Bear Trap? Bitcoin Price Bullish Divergences Emerge Amid Market Fear

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While Bitcoin price (BTC) is moving in a close range and altcoins start to move upwards, the overall sentiment of the market is still fear. Crypto market data. Source: Coin360 Fear is a normal expression seen from investors during downwards trending markets as traders and investors tend to be fixated by short term movements, similar to the euphoria in December 2017.  However, is it justified to have this fear checking the macro perspective of the market, or is it providing a great buy opportunity? Bitcoin stuck in a cage BTC…

NASDAQ Launches AI-Powered CIX100 Crypto Index

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Even a couple of years ago, the crypto index was seen as something that was firmly outside the formal financial system. However, things have changed dramatically over the course of the past two years. In a new development, it has now emerged that NASDAQ, one of the world’s biggest stock exchanges, has listed a crypto index, called CIX100. CIX100 is going to be fully powered by artificial intelligence and is going to list the top 100 cryptocurrencies in the world by market cap. Key Development CIX100 is going to track the…

Layer1 Secures $50M from Peter Thiel, Others to Mine Crypto in Texas

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Cryptocurrency investment and infrastructure platform Layer1 has secured $50 million from a number of industry stakeholders in a Series A funding round. As Fortune reported on Oct. 15, venture capitalist and PayPal co-founder Peter Thiel, early stage investor Shasta Ventures and other industry players committed $50 million to Layer1, which plans to build a wind-powered Bitcoin (BTC) mining facility in West Texas. Layer1 is reportedly planning to vertically integrate its mining operation in the United States. The place nobody has taken advantage of yet Commenting on the development, Layer1 co-founder Alexander…

UAE Financial Watchdog Asks for Public Feedback on Crypto Regulation

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The United Arab Emirates’ (UAE) Securities and Commodities Authority (SCA) has published draft regulations for crypto assets. Seeking feedback from the industry According to an official statement from Oct. 15, the SCA will be collecting public feedback on the draft regulations until Oct. 29 before providing the final drafted legislation regarding the industry. All parties involved in the crypto industry, including investors, brokers, financial analysts, researchers, media and others, are invited to provide their feedback on the document, the SCA noted, adding that the proposals will be taken into consideration…

EToro and The Tie to Track Crypto Sentiment on Twitter for Investors

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The social trading and investing platform eToro has partnered with analytics and finance management startup The Tie to launch a sentiment-based analytical tool to track people’s perception of cryptocurrencies. EToro unveiled the new strategy, dubbed TheTIE-LongOnlyCopyPortfolio, in an official announcement on Oct. 15. The strategy analyzes digital currency-related conversations, processing 850 million tweets every day by means of machine learning and natural language processing technology. Opening trades on positive sentiment signals only When parsing through social media messages, the tool scans each tweet individually to single out tweets related to…

Tokenize Assets, Stocks, Fiat & ETF’s in Exciting XRP Eco-system

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Ripple partner CoinField has today announced its XRPL powered crypto exchange which teases us with a glimpse of the future. Sologenic is a sophisticated XRPL eco-system allowing the trade of on-demand tokenized assets, stocks and ETF’s from over twenty-five global exchanges. We’re making it easy for people around the world to have access to different global stock exchanges via blockchain. This platform tokenizes stocks on the XRPL as demanded, allowing you to trade it against any cryptocurrency & spend in real-time anywhere. Ultimately, Sologenic helps the mass adoption of cryptocurrency…

CipherTrace Expands Monitoring Platform to 700 Tokens

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United States-based blockchain security firm CipherTrace has expanded its crypto intelligence platform to 700 tokens. Tracing hundreds of ERC-20 tokens With the expanded platform launched on Oct. 15, CipherTrace now allows clients to trace more than 87% of the transactional volume of the top 100 cryptos such as Ether (ETH), Tether (USDT), Bitcoin Cash (BCH) and Litecoin (LTC), the firm said in a press release. CipherTrace’s increased monitoring support also includes the capability of tracing several hundred ERC-20 tokens, the company added. CipherTrace has not specified to Cointelegraph what cryptocurrencies…

Bitcoin Is a Weapon for Free Speech in the Face of Government and Corporate Censorship

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The latest skirmishes in the bruising trade war between the U.S. and China have led to the unlikely politicization of the NBA. But how did the views of a basketball executive become such a political football? And what does China’s ideological commitment to censorship say about the value of free speech and of free speech money, as bitcoin is sometimes known? Also read: Berlusconi Admins Disappear — Darknet Users Rush to Find Alternatives US-China Censorship Spat Highlights the Value of Free Speech The Communist Party’s gangsterish demands on private companies…

Enabling access, erasure, and rectification rights in AI systems

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Reuben Binns, our Research Fellow in Artificial Intelligence (AI), discusses the challenges organisations may face in implementing mechanisms in AI systems that allow data subjects to exercise their rights of access, rectification and erasure. Under the General Data Protection Regulation (GDPR) individuals have a number of rights relating to their personal data. These rights apply to personal data used at the various points in the development and deployment lifecycle of an AI system, including personal data: contained in the training data; used to make a prediction during deployment; or that…