Hedera Hashgraph chose Google Cloud Platform as its preferred cloud provider for deploying its public networks. A Feb 11. post on Google blogs commends Hedera for the choice, while revealing that it is taking an active stake in the project’s governance. Hedera is set to use Google Cloud to host its public testnets and Hedera Consensus Service ecosystem. This allows Hedera developers to benefit from Google’s geographical coverage and infrastructure. Hedera is a distributed ledger technology project rooted in the enterprise world. It uses a hashgraph-based consensus algorithm to allow…
Day: February 11, 2020
The ‘Broom Standing Up’ Challenge Proves Humanity Is Doomed
The “broom standing up” challenge has gone very, very viral. Millions of people seem to care more about standing up brooms than serious issues, such as global warming and politics. Claims that NASA said February 10 is the only day you could make a broom balance are completely false. The “broom standing up” challenge may be the dumbest thing in human history. Yeah, I know we’ve had countless bloody wars, mullets, and Pokémon. But this week’s trending craze – trying to stand a broom up by itself – is undoubtedly…
Crypto Fraud Now Exposing Legacy Banks to Compliance Issues, Reports CipherTrace
The nature of cryptocurrency fraud is shifting away from exchange hacks, and toward Ponzi-style frauds, pyramid schemes and exit scams. A massive 533% rise in the value of such crimes means that as misappropriated funds are laundered, the traditional banking system is increasingly exposed to risk under upcoming Financial Action Task Force (FATF) rules. That’s the conclusion reached by CipherTrace, a cryptocurrency intelligence firm, in a report released today. The Travel Rule requires virtual currency businesses to “obtain, hold and transmit required originator and beneficiary information in order to identify…
Crypto News Roundup for Feb. 11, 2020
With bitcoin dropping below recent highs of $10,000, Markets Daily is back with a slow-day news round-up. Source
Bought the Dip? Bitcoin Price Rebounds Strongly With $11,000 in Sight
Bitcoin (BTC) price made a small correction yesterday as it dropped from $10,100 towards $9,800. However, today’s bullish momentum returned and the price bounced back above $10,000 to make a new 2020 high at $10,370. So is the continuation of bullish momentum likely? Let’s look at the charts to see what could occur next. Crypto market daily performance. Source: Coin360 Bitcoin finds support at $9,800 and continues upwards BTC USDT 12-hour chart. Source: TradingView Many Bitcoin traders were waiting for the price to drop to the support at $9,500 but…
Bitcoin Price to Soar to $100K by End of 2021, Analyst Updates Post-BTC Halving Prediction
The production for the Bitcoin price movements after the halving has been updated. PlanB has explained how BTC price can reach $100,000 in 2021. Bitcoin price started by gaining considerably. A few days ago, the flagship token surged past the $10,000 level before correcting to settle in the upper $9,000s levels. That dip has made some commentators predict that the price will drop below the current yearly lows. But, the author of the most popularly-cited BTC price prediction models, PlanB, disagrees entirely with this prediction. Earlier on February 10, the…
The Ugly Truth About Nintendo’s Assault on the Pokemon Leaker
Nintendo named and shamed the notorious Pokemon leaker. Not only did they publically torch the source of the leak, but they also blacklisted the website. This is a disproportionate response from Nintendo, which seems to be punching down. Nintendo didn’t just uncover the source of last year’s massive Pokemon Sword and Shield leaks. They named and shamed the leaker, and then blacklisted the website to boot. Nintendo’s Pokemon Leaker Shaming Isn’t Persuasive According to Nintendo, a reviewer for Portuguese gaming outlet FNintendo had leaked images from an advance review copy…
The Ugly Truth About Nintendo’s Assault on the Pokemon Leaker
Nintendo named and shamed the notorious Pokemon leaker. Not only did they publically torch the source of the leak, but they also blacklisted the website. This is a disproportionate response from Nintendo, which seems to be punching down. Nintendo didn’t just uncover the source of last year’s massive Pokemon Sword and Shield leaks. They named and shamed the leaker, and then blacklisted the website to boot. Nintendo’s Pokemon Leaker Shaming Isn’t Persuasive According to Nintendo, a reviewer for Portuguese gaming outlet FNintendo had leaked images from an advance review copy…
Tulsi Gabbard Is The Hero Democrats Don’t Deserve, But Need Right Now
Rep. Tulsi Gabbard is up to something. And it’s the exact opposite of what her party’s been up to since Donald Trump won the election in 2016. Tulsi Gabbard is the ‘I disagree with Republicans, but I don’t hate them’ candidate. Not a very common attitude in the Democratic Party today. But it’s the one they need to get their mojo back. Trump hysteria is the source of his power. Moderation would work better. Rep. Tulsi Gabbard is taking heat from fellow Democrats for going on Sean Hannity’s Fox News…
ConsenSys and Skale Kick Off New Token Issuing Platform
Activate is making its inaugural token launch with Skale Network, according to a Feb. 11 press release. Activate is a token launch platform developed by ConsenSys Codefi, which seeks to jumpstart the actual usage of new networks. The platform was announced in October 2019, and it was created specifically to bootstrap adoption for new projects. Its first launch partner and inaugural project is Skale Network, a smart contract platform based on Ethereum. What is Activate? While Activate shares several features with initial coin offering (ICO) platforms such as CoinList and…