Day: February 13, 2020

‘Full Transparency Not Ideal for Cryptocurrency’ Says Chainalysis Exec

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A major global company that helps fight illicit cryptocurrency-related activity does not think that privacy in crypto markets is necessarily bad. Despite representing one of the primary sources of crypto transaction data for federal agencies like the Internal Revenue Service and the FBI, Chainalysis does not exactly oppose the privacy and decentralization of crypto. “Complete transparency is not necessarily an ideal place” Jonathan Levin, co-founder and CSO at blockchain and crypto analytics firm Chainalysis, reiterated his stance to privacy in crypto, claiming that full transparency of cryptocurrency transactions might not…

Dow Futures Collapse as U.S. Warned of 100,000s of Coronavirus Cases

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Dow Jones Industrial Average (DJIA) futures plunged 260 points on Thursday morning. Health experts told the Senate to brace for “hundreds of thousands” of US coronavirus cases. China reported a parabolic rise in deaths and cases after changing its diagnostic methodology. After a record-breaking day on the stock market on Wednesday, Dow Jones futures took a brutal fall overnight. It comes as U.S. health experts urged Congress to take the coronavirus threat more seriously. According to one testimony, there are likely seven or eight unknown cases for every confirmed infection.…

Bitcoin Risks 20% Drop after Rejecting $10,500 Top; Here’s Why

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Bitcoin is gawking at extended losses only hours after it established a new yearly high at $10,500. The benchmark cryptocurrency on Thursday plunged by 3.86 percent to circa $10,094, according to US exchange Coinbase. The crash took bitcoin’s spot rate down by more than $400 within just three hours, showing fresh signs of buyers’ exhaustion in an otherwise booming market. BTC/USD eyeing a deeper correction below $10K | Source: TradingView.com, Coinbase Nevertheless, bitcoin’s move downhill located moderate support above $10,000. The cryptocurrency later managed to register an upside pullback, raising…

Santander Hires Former Apple Pay Exec to Lead P2P Payments

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An executive formerly working on Apple’s payments products has joined Banco Santander. Trish Burgess joins the Spain-based multinational as the new global head of Peer-to-Peer Payments and will direct its expansion of digital payments services globally, according to an announcement Thursday. Burgess worked at Apple for 4.5 years, her LinkedIn profile indicates, where she helped lead the launches of both Apple Card and Apple Pay. The news marks Burgess’ return to Santander, having held a role in securities at the bank from 2007 to 2010. Since then, she’s held senior…

OKEx BTCUSD Options Registers Trading Volume of USD175.6M Volume in its Very First Month

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The leading cryptocurrency and digital asset trading platform OKEx is having a great run as it continues to provide world-class trading products for the global crypto community. The recently launched BTCUSD options trading feature on the platform is reported to have garnered volumes of around $176 million within a span of one month. The figures announced by OKEx puts it at the second place right under Derebit – the largest BTC options platform. Announcing the statistics, the Financial Markets Director at OKEx Lennix Lai said, “We are glad to see…

DTCC Seeks Blockchain-Focused Security Framework for Financial Sector

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The Depository Trust & Clearing Corporation (DTCC), a global financial market infrastructure giant, says traditional IT security frameworks must be updated to tackle the blockchain. An official press release on Feb. 12 took note of the expected rise in adoption of distributed ledger technology like blockchains in financial services globally.  The DTCC has published a new white paper, Security of DLT Networks, which recommends the creation of a comprehensive, DLT-specific Security Framework and, potentially, an Industry Consortium that would spearhead research into standards and guidelines for the sector. New benefits,…

Even Jim Carrey’s Genius Can’t Save the Sonic Movie Disaster

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Sonic the Hedgehog reviews are out. The sweeping consensus is that the movie is a disappointment. The only saving grace is Jim Carrey, but he’s not enough to salvage the movie. We all knew the Sonic the Hedgehog movie was a bad idea from the start. Porting the antics of video game’s favorite hot-footed blue hedgehog to the silver screen felt like an incongruous clash of mediums. Doomed From The Start The risk of defiling a much-loved character was too significant to be worthwhile. Paramount Pictures managed to do just…

Coin Ninja CEO Arrested for Allegedly Laundering $311M With Bitcoin Privacy Tools

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Larry Harmon, the CEO of Bitcoin media site Coin Ninja and founder of crypto wallet provider DropBit, is facing federal charges related to his use of Bitcoin privacy tools. United States federal prosecutors are charging Harmon with conspiracy to launder money and operating a money transmitting business without a FinCEN license. According to an arrest warrant filed earlier this month, Harmon allegedly laundered over 354,468 Bitcoins (BTC) (worth $311 million at the time of the transactions), allowing the users of a privacy tool named Helix, and a darknet search engine…

Hasbro’s MTG Arena Could Absolutely Crush Dominant Hearthstone

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Hasbro has announced that MTG Arena is finally coming to mobile at some point in 2020. Based on the world’s most popular card game, MTG Arena might be the first real competition that Hearthstone has had. If we’re lucky, Arena will completely dominate mobile collectible card games (CCGs). It’s finally happening. Hasbro has announced that MTG Arena will be coming to mobile in 2020. Finally, we’ll have a major competitor to the dominance of Hearthstone. If there’s one game out there that can do it, it’s MTG Arena. It’s based…

Hasbro’s MTG Arena Could Absolutely Crush Dominant Hearthstone

boss

Hasbro has announced that MTG Arena is finally coming to mobile at some point in 2020. Based on the world’s most popular card game, MTG Arena might be the first real competition that Hearthstone has had. If we’re lucky, Arena will completely dominate mobile collectible card games (CCGs). It’s finally happening. Hasbro has announced that MTG Arena will be coming to mobile in 2020. Finally, we’ll have a major competitor to the dominance of Hearthstone. If there’s one game out there that can do it, it’s MTG Arena. It’s based…