Day: March 6, 2020

CryptoKitties Developers Launch Playground for Developers

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On March 5, CryptoKitties creator Dapper Labs announced the launch of Flow Playground — an interactive interface that lets developers experiment with developing applications on the company’s Flow blockchain. Developers are able to write and run smart contracts, and will be able to explore Dapper Labs “new resource-oriented programming language” Cadence. The language is designed to simplify programming tokenized assets and includes features from Swift and Rust. Flow Playground also lets users create non-fungible tokens, mint fungible tokens, and build a marketplace. Flow blockchain built to alleviate “pain of implementing…

537 Arrests for Money Laundering in 2019

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Anti-money laundering regulations on cryptocurrency and blockchain transactions may be having a positive outcome in East Asia. According to an article released by the Japanese newspaper Nikkei on Mar. 3, the National Police Agency of Japan brought criminal charges in 537 cases against financial institutions involving money laundering or other illegal transactions. These cases come from a total of 440,492 such suspicious transactions reported to the police in 2019. Data from 300,786 transactions out of the 440,492 were determined to have grounds for investigations. Among all companies that were reported,…

Nike, Macy’s Run Blockchain Trial With Auburn’s RFID Lab

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Blockchain might help major apparel brands from Nike to Macy’s better share product data across the retail supply chain, according to a white paper Auburn University’s RFID Lab published Wednesday. The study, named the “Chain Integration Project” (CHIP), saw those retailers and others run Hyperledger Fabric nodes on a slice of their mammoth supply chains. The study found blockchain to be a promising way to share serialized data after following tens of thousands of products like Nike Kids’ Air Force 1 shoes and Michael Kors Parkas as they moved between…

Nike, Macy’s Run Blockchain Trial With Auburn’s RFID Lab

boss

Blockchain might help major apparel brands from Nike to Macy’s better share product data across the retail supply chain, according to a white paper Auburn University’s RFID Lab published Wednesday. The study, named the “Chain Integration Project” (CHIP), saw those retailers and others run Hyperledger Fabric nodes on a slice of their mammoth supply chains. The study found blockchain to be a promising way to share serialized data after following tens of thousands of products like Nike Kids’ Air Force 1 shoes and Michael Kors Parkas as they moved between…

White Label Exchange Provider AlphaPoint Raises $5.6 Million

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New York-based white label exchange provider AlphaPoint has raised a further $5.6 million from investors to help scale its exchange technology. AlphaPoint’s tech is currently used as the backend for 150 exchanges across 35 countries, servicing more than a million end users. The funding will be used for platform development and to roll out more sophisticated exchange features like margin trading, integrated advanced brokerage capabilities, and better liquidity solutions. Co-founder and CEO of AlphaPoint Igor Telyatnikov said these features are just the tip of the iceberg: “Stay tuned in 2020…

Bitcoin Lacks Momentum Above $9k: Here’s Why Bulls Are Comfortable

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Bitcoin finally managed to clear the $9,000 resistance zone against the US Dollar. BTC price must stay above the $8,950 and $8,860 support levels to continue higher in the near term. Bitcoin is trading in a positive zone above the $8,950 and $9,000 levels against the US Dollar. The price traded as high as $9,172 and it is currently correcting lower. There is a key bullish trend line forming with support near $8,860 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could correct a…

Bitcoin Lacks Momentum Above $9k: Here’s Why Bulls Are Comfortable

boss

Bitcoin finally managed to clear the $9,000 resistance zone against the US Dollar. BTC price must stay above the $8,950 and $8,860 support levels to continue higher in the near term. Bitcoin is trading in a positive zone above the $8,950 and $9,000 levels against the US Dollar. The price traded as high as $9,172 and it is currently correcting lower. There is a key bullish trend line forming with support near $8,860 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could correct a…

Binance Coin (BNB) Cryptocurrency Is Surging: Here’s How It Can Refuel BTC

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Binance coin price is gaining bullish momentum above the $20.50 resistance against the USDT. BNB price action suggests bitcoin could also start a decent upward move if it remains stable above $9,000. Binance coin price is up more than 3% and it recently broke the $21.00 resistance against the USDT. The price is likely to rise further if it clears the $21.45 and $21.50 resistance levels. There was a break above a major bearish trend line with resistance near $19.98 on the 4-hours chart of the BNB/USDT pair (data source…

Red Swan and Polymath Tokenize $2.2 Billion of High End Real Estate

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Texas-based Commercial Real Estate (CRE) marketplace Red Swan has tokenized $2.2 billion worth of real estate assets in partnership with security tokenization firm Polymath. Red Swan said it has 30,000 accredited investors already registered to use its platform, and has plans to tokenize a further $4 billion in property over the longer term. Red Swan will profit by keeping a percentage of the equity sold. The issued tokens represent 16 top-tier properties including mid-rise and high-rise apartments in California, New York, and Texas, and a 150-acre hemp farm in Canada’s…

A Key Bottom Is Forming For Ethereum and A Swift Rally Could Occur

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Ethereum is trading below the key $235 resistance area against the US Dollar. ETH price seems to be forming a strong support above $220 and it could soon rally above $235. Ethereum is likely forming a bottoming pattern above the $220 level against the US Dollar. The price could gain bullish momentum once there is a clear break above the $235 resistance. There is a major bullish trend line in place with support near $225 on the hourly chart of ETH/USD (data feed via Kraken). Bitcoin price is trading above…