Day: February 18, 2020

BitGo Gains Entry to Digital Securities World Through Acquisition of Harbor

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Digital asset custodial company BitGo recently unveiled its purchase of Harbor, an online platform for digitized securities.  “Our vision has always been bigger than wallets and custody,” BitGo CEO Mike Belshe said in a Feb. 18 statement provided to Cointelegraph. “Acquiring Harbor furthers BitGo’s vision of building a new digital infrastructure for financial services.”  Harbor’s website is also promoting the acquisition in a banner at the top of its homepage.   BitGo’s acquisition includes several others Picking up Harbor also means BitGo gains control of the platform’s daughter companies, which include…

EA’s Server Woes Call the Entire Future of Cloud-Gaming Into Question

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EA just suffered a pretty severe server outage. All of their online games appeared to be down, including Apex Legends and FIFA. The EA outage clearly shows some issues with the all-cloud-based future of gaming. Cloud gaming might be the future, but many people are wary. EA’s recent server issues are only expanding these fears. EA is currently suffering some server problems. Many of their online-based games remain unplayable – more than three hours after the company first marked them “resolved.” EA’s lastest server crash is a big red flag…

Telegram Developers Jump to TON’s Defense in SEC Case

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A group of Telegram Open Network (TON) developers, calling themselves “The TON Community Foundation,” have submitted a court document criticizing the SEC’s prosecution of the project. The former messaging app turned blockchain developer has been embroiled in a long-running suit with the United States Securities and Exchanges Commission, which alleges that US$1.7 billion raised from the sale of ‘Gram’ tokens between January and March 2018 should have been registered with the authority because the tokens constitute a security. Telegram has consistently denied the accusations and has recently been backed up…

Telegram Developers Jump to TON’s Defense in SEC Case

boss

A group of Telegram Open Network (TON) developers, calling themselves “The TON Community Foundation,” have submitted a court document criticizing the SEC’s prosecution of the project. The former messaging app turned blockchain developer has been embroiled in a long-running suit with the United States Securities and Exchanges Commission, which alleges that US$1.7 billion raised from the sale of ‘Gram’ tokens between January and March 2018 should have been registered with the authority because the tokens constitute a security. Telegram has consistently denied the accusations and has recently been backed up…

Cloud Giant Microsoft Azure Embraces Commercial Blockchain

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Lition, a commercial blockchain, announced on Feb. 18 that Microsoft has officially brought Lition blockchain solution to its Azure cloud marketplace.   This makes Lition one of the few public/private blockchains currently supported by a major cloud provider like Microsoft. Microsoft also became the first to bring blockchain to the cloud and continues to remain at the cutting edge of blockchain adoption. Enterprises worldwide to benefit from blockchain adoption  Integrating Lition blockchain into Azure allows Microsoft Azure’s worldwide enterprise clients to develop, test and deploy Lition side chains and applications with…

Lame Stadia Update Highlights Google’s Unbelievable Failure

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Stadia will soon be compatible with a selection of Samsung, ASUS, and Razer phones, Google announced today. This is the first time the service has expanded beyond its limited device compatibility since launch. The news continues a long string of underwhelming updates that do little to unleash Stadia’s true potential. Google announced today that it is expanding Stadia compatibility to a broader range of phones from Samsung, ASUS, and Razer. The update will take effect this Thursday, Feb. 20. Stadia Extends Smartphone Compatibility For the first time since the cloud…

Lame Stadia Update Highlights Google’s Unbelievable Failure

boss

Stadia will soon be compatible with a selection of Samsung, ASUS, and Razer phones, Google announced today. This is the first time the service has expanded beyond its limited device compatibility since launch. The news continues a long string of underwhelming updates that do little to unleash Stadia’s true potential. Google announced today that it is expanding Stadia compatibility to a broader range of phones from Samsung, ASUS, and Razer. The update will take effect this Thursday, Feb. 20. Stadia Extends Smartphone Compatibility For the first time since the cloud…

Crypto Hedge Funds See Best January on Record

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Crypto hedge funds that make up Eurekahedge’s index of crypto hedge funds have experienced a 21.15% return in January 2020.   Eurekahedge Crypto-Currency Hedge Fund Index 2017 vibes? This is not only the best January on record (the Index goes back to July 2013) but the first positive return for the month of January since 2017, when it posted a modest 4.85%. 2017 happened to be the most successful year for crypto hedge funds to date. That year, they posted a whopping 1,708.50% annual return. Market sentiment The Index doesn’t include…

European Space Agency Funds Blockchain Project Recording Satellite Data

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While Bitcoin (BTC) might not be ready for the moon yet, its underlying technology of blockchain is being increasingly adopted in space. The European Space Agency (ESA), a major intergovernmental organization dedicated to space exploration, is funding a new blockchain project aiming to boost the world’s mining industry. A known contributor to blockchain technology applications, the ESA has now co-funded a joint project with Scottish startup Hypervine to improve data transparency for the mining industry by combining satellite data and blockchain. The news was reported by oil and gas-oriented publication…

U.S. Recession Trigger Flashes Red – MIT Scientists Give It 6 Months

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The yield on the 10-year U.S. Treasury note has fallen below the yield on the 3-month T-bill, stoking fresh recession talk. Long-duration bond yields are plunging on growing haven demand as coronavirus infects over 73,000 people. Researchers at MIT have used a scientific model to predict the likelihood of recession. The results don’t look good. The U.S. yield curve is inverting again, as demand for long-duration bonds continues to surge in light of the global coronavirus pandemic. While the yield-curve indicator is only used to gauge investor sentiment and the…