Day: February 21, 2020

Bethesda Exit Unlikely to Spell Disaster for Geforce Now

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Bethesda has opted to remove its library from the GeForce Now cloud gaming service. NVIDIA shared the news today but stopped short of providing a concrete reason. It’s not all bad news as the service secured launch day support for Cyberpunk 2077 and hit 1 million users in the past week. Much like Activision Blizzard last week, Bethesda Softworks is the latest publisher to pull its catalog from the GeForce Now cloud gaming service. NVIDIA shared the news today in a post on the official GeForce forums. Bethesda Removals Games…

Chainalysis to Monitor AML Compliance for Crypto Exchange CoinField

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Amid a tightening regulatory scene in crypto, blockchain analytics firm Chainalysis has joined up with digital asset exchange CoinField. CoinField plans to use Chainalysis technology to help with its Anti-Money Laundering, or AML, practices, Chainalysis announced on Feb. 20. Crypto leaves the Wild West behind Media outlets have drawn correlations between the relatively new crypto industry and the Wild West — a niche industry running rogue far from the regulatory spotlight. Over the past two years, however, governing bodies across the globe have cracked down on the industry, shutting down…

OpenSea: From Formula 1 Cars to Crypto Forgeries

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Cointelegraph was on the ground at Non-Fungible Token New York City Event to observe the latest and greatest in NFT. Of the many projects and companies in attendance, we caught up with OpenSea co-founder Alex Atallah to learn what his company is all about. OpenSea is a “marketplace for digital goods, including collectibles, gaming items, digital art, and other digital assets that are backed by a blockchain like Ethereum,” Atallah explained. The whole space has roots in CryptoKitties, but it has grown exponentially since. Now, some of the biggest VCs are…

Ignore This Indicator of an Epic Stock Market Crash

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Larry Kudlow is the top economist in Trump’s White House. He says don’t mind crashing bond yields, or this week’s fearful stock market. Kudlow says these are just “mood swings” while the economy’s fundamentals remain strong. But he’s cherry-picking fundamentals. Other analysts point to the fundamentals Kudlow is ignoring. The ones that indicate a recession ahead and a stock market crash. Larry Kudlow – Donald Trump’s top economist – says you can ignore crashing bond yields. An inverted yield curve is often a leading indicator of a recession ahead, not…

Binance Was Never Even in Malta, Crypto CEO Dismisses “FUD”

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Despite the popular, apparent misconception, Binance has apparently never had offices in Malta. Changpeng Zhao, the platform’s CEO and founder, says the crypto exchange operates without a fixed headquarters. He adds that Binance is striving to become a “true decentralized autonomous organization.” Despite What You Might Have Heard, Binance is Not a “Malta-Based Crypto Exchange” According to a statement from the Malta Financial Services Authority (MFSA), the popular crypto asset exchange Binance has never had a licence in the jurisdiction. The agency comments on a “section of the media” describing…

Binance Was Never Even in Malta, Crypto CEO Dismisses “FUD”

boss

Despite the popular, apparent misconception, Binance has apparently never had offices in Malta. Changpeng Zhao, the platform’s CEO and founder, says the crypto exchange operates without a fixed headquarters. He adds that Binance is striving to become a “true decentralized autonomous organization.” Despite What You Might Have Heard, Binance is Not a “Malta-Based Crypto Exchange” According to a statement from the Malta Financial Services Authority (MFSA), the popular crypto asset exchange Binance has never had a licence in the jurisdiction. The agency comments on a “section of the media” describing…

New Monaco-Based Startup Bitsa Adds XMR Support to Its Prepaid Card

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Italy’s new crypto-powered debit card supplier Bitsa has just expanded its prepaid card with major privacy-focused altcoin Monero (XMR). By enabling Monero support on its Bitsa Card, the company unclocks “all types” of XMR-based card transactions in physical stores and online, including card-to-card transfers and Monero conversion to euro (EUR), Bitsa announced on Feb. 21. Launched in Q3 2019, Bitsa Card supports a total of 12 cryptocurrencies like Bitcoin (BTC) alongside EUR bank transfers and payments so far, Bitsa CEO Luis Vaello said in an email to Cointelegraph. Bitsa Card…

New Italian Fintech Startup Bitsa Adds XMR Support to Its Prepaid Card

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Italy’s new crypto-powered debit card supplier Bitsa has just expanded its prepaid card with major privacy-focused altcoin Monero (XMR). By enabling Monero support on its Bitsa Card, the company unclocks “all types” of XMR-based card transactions in physical stores and online, including card-to-card transfers and Monero conversion to euro (EUR), Bitsa announced on Feb. 21. Launched in Q3 2019, Bitsa Card supports a total of 12 cryptocurrencies like Bitcoin (BTC) alongside EUR bank transfers and payments so far, Bitsa CEO Luis Vaello said in an email to Cointelegraph. Bitsa Card…

Sweden’s Central Bank Finally Embraces DLT, but Only in Simulation Mode

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Sweden’s central bank will soon trial a blockchain-based digital currency – but it’s still in its very early stages, at best. Announced Thursday, Sveriges Riksbank’s e-krona pilot is the latest attempt at a central bank digital currency (CBDC) from an institution that for years fretted over basing any such project on distributed ledger technology (DLT). For now at least, the e-krona pilot is set to move forward on a limited basis. Built by Accenture and based on R3 Corda, Riksbank’s digital currency trials will run as a simulation through February…

After Overnight Flash Crash, Here Are 5 Reasons Why Bitcoin Will Rally Again

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Bitcoin’s (BTC) price hit $9,260 on Feb. 20 and dropped to $9,350 on BitMEX the very next day. Analysts say these two pullbacks were liquidity fills and that the dominant cryptocurrency is likely to sustain its bullish market structure. Technical analysts and industry executives have laid out the exponential moving average golden cross, strong weekly support at $9,500, halving, liquidity fills and rising on-chain activity as the five main factors to support the continuation of Bitcoin’s upsurge over the coming months. Factor #1: The golden cross A golden cross on…