Day: February 4, 2020

Spending $1 on Bitcoin Every Day Since 2015 Could Have Made You Rich

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It may sound weird for you today but buying at least a dollar worth of Bitcoin since 2015, you would have become really wealthy by these days. Unfortunately, in 2015 we didn’t have a magic ball (and still do not have it) that could tell us that we should allocate $1 each day for crypto to enjoy benefits in 2020. Good Case for Bitcoin Blockchain enthusiasts are making a point for the virtual currency on social media, and among them is the Managing Director at Blocktown Capital James Todaro. What…

Bitcoin SV Sees Minor Split as Blockchain Shifts to ‘Genesis’ Upgrade

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Bitcoin SV (for Satoshi’s Vision) has hard forked with apparently just one minor issue, taking its blockchain back to the first “Genesis” iteration of the bitcoin protocol. The BSV network upgraded at approximately 02:00 UTC Tuesday, implementing Genesis rules that bring about “the full restoration of Satoshis Bitcoin protocol.” Jimmy Nguyen, president of the Bitcoin Association and bitcoin SV advocate, tweeted, adding that the “historic moment” had been confirmed at block 620539. By rolling out the original bitcoin protocol first released by Satoshi Nakamoto in 2009, the Genesis fork removes…

Twitter Co-Founder-Backed Fintech Startup Rolls Out Bitcoin Banking App

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Mode, a financial services firm backed by Twitter co-founder Biz Stone, has rolled out its Bitcoin (BTC) banking app on iOS devices. The British company made its app available globally, with the exception of the United States, fintech-focused media outlet Finextra reported on Feb. 4. Customers can start using the app with as much as £50 ($65) and buy Bitcoin with bank cards or through a bank transfer. The funds are further processed through digital assets custodian BitGo. Mode addresses speed and security issues The app ostensibly allows users to…

OpenLegacy Project Gets $20m Strategic Investment from Japan’s SBI Holdings – Focus on Blockchain

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Sharing is caring! Leading Japanese financial services company SBI Holdings has invested $20 million in OpenLegacy, the market leader in microservice-based APIs for legacy and core systems with a focus on instituting Ripple-powered Moneytap, a blockchain-based payment application in Japan and globally and building Internet banking across SBI’s growing portfolio of Japanese banks. “OpenLegacy will enable our portfolio companies to quickly launch digital innovations, integrating, leveraging, and extending our legacy systems in a fraction of the time, all without changing the underlying systems,” said Yoshitaka Kitao, SBI Holdings President & CEO. SBI has…

Bitspark Shuts Down Amid Restructuring, Coronavirus and Protests

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Hong Kong-based blockchain remittance startup Bitspark has abruptly announced its closure, citing internal restructuring issues. On Feb. 3, Bitspark co-founder and CEO George Harrap officially announced the platform’s plans to shut down its services on March 4, 2020. According to the statement, Bitspark users will be able to withdraw their cryptocurrencies from Feb. 3 to March 4 as the platform’s functionality will stay intact over the period. After March 4, account logins will be disabled for a period of 90 days, with users being able to withdraw their funds via…

Winklevoss Twins’ Crypto Exchange Adds TradingView Integration

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Cryptocurrency exchange Gemini has integrated with one of the world’s leading real-time markets data and charting platforms, TradingView. With the addition, Gemini – a firm founded by Cameron and Tyler Winklevoss – now lets users execute trades directly through the TradingView interface, as well as providing users access to features including charting tools and a busy trading community forum. “You can now use TradingView’s enhanced charting and screening tools, watchlists, and social features to facilitate your trading strategies and order execution, while maintaining the safety and security of trading on…

Winklevoss Twins’ Crypto Exchange Adds TradingView Integration

boss

Cryptocurrency exchange Gemini has integrated with one of the world’s leading real-time markets data and charting platforms, TradingView. With the addition, Gemini – a firm founded by Cameron and Tyler Winklevoss – now lets users execute trades directly through the TradingView interface, as well as providing users access to features including charting tools and a busy trading community forum. “You can now use TradingView’s enhanced charting and screening tools, watchlists, and social features to facilitate your trading strategies and order execution, while maintaining the safety and security of trading on…

Bitcoin Hits Weekly Low as Fears of a $37M Dump Grow

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Bitcoin was heading lower on Tuesday as concerns over a potential $37 million dump grew over traders’ consciousness. The benchmark cryptocurrency hit a new weekly low at $9,116.35 during the early European session, down 5.23 percent from its year-to-date peak of $9,619.95, established Monday. Meanwhile, CME Futures linked to bitcoin plunged by up to 6.13 percent to $9,190. Bitcoin pullback in play after validating $9,600 as resistance | Source: TradingView.com, Coinbase The plunge took place in the form of a wider bearish correction, after bitcoin’s wild upside price rally in…

Bitcoin SV Genesis Upgrade Results in Chain Split

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Bitcoin SV (BSV) performed a scheduled upgrade named Genesis on Feb. 3. As most nodes have not yet updated, this resulted in a minor chain split where two versions of BSV exist. As reported by BitMEX Research, the upgrade occurred at block height 620,538, or about 8:30 PM EST. The subsequent block was considered invalid by old rules, signaling the hard fork. About one quarter of all blockchain nodes are still on the old version, meaning that these cannot synchronize to the main chain. Furthermore, a chain split occurred several…

ICO celebrates excellence in data protection with third annual award for practitioners

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The Information Commissioner is looking for data protection practitioners who have made an outstanding impact within their organisation. The call comes as applications open for the third annual Practitioner Award for Excellence in Data Protection. Previous awards have gone to data protection practitioners who have shown outstanding impact in relation to accountability and inspired public trust and confidence in how personal information was handled. Elizabeth Denham, Information Commissioner said: “It has been an honour to acknowledge members of the data protection community who have had a huge impact when it…