Blockchain developers organization Ethereum Classic (ETC) Labs Core (ETC Labs Core) has rebranded to ETC Core. In a Dec. 15 blog post, ETC Core technology coordinator Stevan Lohja announced that ETC Labs Core had been rebranded to ETC Core. Lohja stipulated that this rebranding will assist the company to differentiate itself from ETC Labs, one of the first incubators that supported innovative projects on the Ethereum Classic blockchain. Lohja also introduced the Ethereum Classic development team ETC Labs Core at the beginning of 2019. Since that time, the ETC Core…
Day: December 16, 2019
Chainalysis Report on PlusToken ‘Scammers’ Blamed for Monday’s Crypto Selloff
The slide began at 18:28 UTC on Monday. In just seven minutes, bitcoin slipped 4 percent, to $6,800 from $7,085 according to data from Coinbase. In that time, ether took a bigger hit, dropping 7 percent from $140 to $130. Neither had seen such lows since Nov. 25, when the crypto markets suffered a temporary selloff. Source If You Liked This Article Click To Share blamedChainalysisCryptoMondaysPlusTokenReportScammersselloff CryptoX Portal
Chainalysis Report on PlusToken ‘Scammers’ Blamed for Monday’s Crypto Selloff
The slide began at 18:28 UTC on Monday. In just seven minutes, bitcoin slipped 4 percent, to $6,800 from $7,085 according to data from Coinbase. In that time, ether took a bigger hit, dropping 7 percent from $140 to $130. Neither had seen such lows since Nov. 25, when the crypto markets suffered a temporary selloff. Source
Int’l Regulator Basel Committee Calls for Prudent Rules for Crypto
Global banking regulator Basel Committee on Banking Supervision (BCBS) calls for a conservative prudential treatment framework for crypto assets. The Basel Committee — which includes banking regulators from the United States, Europe and Japan — published its report on the prudential treatment of crypto assets. The study was first announced in November, as Cointelegraph reported at the time. In the document, the regulator claims that the growth of cryptocurrencies and related services can negatively affect financial stability and increase the risks faced by banks. The report reads: “Crypto-assets are an…
Int’l Regulator Basel Committee Calls for Prudent Rules for Crypto
Global banking regulator Basel Committee on Banking Supervision (BCBS) calls for a conservative prudential treatment framework for crypto assets. The Basel Committee — which includes banking regulators from the United States, Europe and Japan — published its report on the prudential treatment of crypto assets. The study was first announced in November, as Cointelegraph reported at the time. In the document, the regulator claims that the growth of cryptocurrencies and related services can negatively affect financial stability and increase the risks faced by banks. The report reads: “Crypto-assets are an…
Former Binance Head of Trading Joins CoinFlex As Chief Strategy Officer
Leslie Tam, former head of trading at major cryptocurrency exchange Binance, has joined cryptocurrency derivatives exchange CoinFlex as its new chief strategy officer. On Dec. 16, the Block reported that former Binance executive Leslie Tam is looking to expand his professional horizons at cryptocurrency exchange CoinFlex, where he will explore new possibilities for the company to expand its services. Leslie Tam previously oversaw the over-the-counter (OTC) trading operations for Binance, one of the world’s largest cryptocurrency exchanges, where he held an executive position as lead of the VIP coverage and…
2 Russian Nationals Charged With Mining Crypto on State Computers
“In Russia, there have been two cases recently when people were brought to criminal responsibility for getting access to computers [of state organizations] and using them to mine cryptocurrencies,” TASS quotes Nikolay Murashov, deputy director of the National Coordination Center for Computer Incidents, as saying during a press conference. Source
Authoritarian Airdop: Maduro ‘Gifts’ Petros to Venezuelans for Christmas
Discussing new trials of an LN point-of-sale app; updates in consumer & institutional crypto derivatives, and Venezuelan petros as holiday bonuses. Source
TikTok Has 1st Viral Bitcoin Video as Owner Launches DLT Venture
Short-video sharing app TikTok has recorded its first viral Bitcoin (BTC)-related video as the firm’s owner reportedly launched a blockchain venture. Posted by TikTok personality The Wolf of Bitcoins, the video depicts a room in a house apparently equipped with dozens of cryptocurrency mining hardware units. The video displays a short caption, “this is why GPU prices went up,” and has a number of Bitcoin-related tags like “Bitcoin,” “explain Bitcoin” and “Bitcoin mining.” Allegedly first appearance of Bitcoin on TikTok feed At the time of this writing, the TikTok has…
What Do Women Want? More Educational Materials Before Investing in Bitcoin
The survey of 1,100 people did not specify how many of them were women. The people were surveyed between March 28 and April 3, 2019. All respondents were between the ages of 25 and 64 and were involved with some form of personal investing, with at least $10,000 in household investable assets (excluding workplace retirement plans or real estate), and at least $50,000 in household income. Source If You Liked This Article Click To Share BitcoinEducationalInvestingMaterialsWomen CryptoX Portal