Month: March 2020

Michael Terpin’s BitAngels Launches Virtual Events to Connect Blockchain Community Amidst Global Coronavirus Pandemic

boss

Michael Terpin‘s global network of cryptocurrency investors is helping to grow the blockchain ecosystem through community events is kicking off BitAngels Virtual Events. During the pandemic, this network of cryptocurrency and blockchain participants will now remain connected and engaged in a virtual online environment, as the Coronavirus pandemic prevents in-person gatherings. Currently, the global community of BitAngels members already has 15 city chapters in multiple countries. “In the best interest of BitAngels chapters worldwide, we’re putting in-person meetings on hiatus and returning to our roots as a virtual network founded…

Michael Terpin’s BitAngels Launches Virtual Events to Connect Blockchain Community Amidst Global Coronavirus Pandemic

boss

Michael Terpin‘s global network of cryptocurrency investors is helping to grow the blockchain ecosystem through community events is kicking off BitAngels Virtual Events. During the pandemic, this network of cryptocurrency and blockchain participants will now remain connected and engaged in a virtual online environment, as the Coronavirus pandemic prevents in-person gatherings. ~ advertisement ~ Currently, the global community of BitAngels members already has 15 city chapters in multiple countries. “In the best interest of BitAngels chapters worldwide, we’re putting in-person meetings on hiatus and returning to our roots as a…

Blockchain-Fueled Company Mateon Report Positive Results For Multiple Covid-19 Drug Candidates

boss

Sharing is caring! Created by the recent merger of TGF-beta RNA therapeutics developer Oncotelic and PoinTR – a cluster computer vision empowered blockchain company,  a new immuno-oncology company Mateon has been created. Mateon is dedicated to the development of first in class RNA therapeutics and is particularly focussing on the development of OT-101, a TGF-Beta antisense drug candidate and a potential solution for the global Covid-19 outbreak. ~ advertisement ~ Dr Vuong Trieu, President and Chief Executive Officer of Mateon stated: “We are excited about our platform for rapid response…

Mt. Gox Casts a Dark Shadow of Crypto’s Collapse — A Long Fight for Justice

boss

Mt. Gox’s creditors will meet today, March 25, as part of a compensation process that seems to go on and on. This news comes at a unique time: amid a pandemic and with the world on the brink of economic crisis. It calls to mind again the 2014 collapse of Mt. Gox, the Japan-based cryptocurrency exchange that once accounted for 70% of the world’s Bitcoin (BTC) trading, a signal moment in crypto history. In anxious times like these, people are inevitably asking: Can a failure of this scale happen again?…

Retail Investors Can Now Use Paxos Gold as Collateral Against Loans

boss

Crypto-lending platform Nexo has today, March 25, opened up the option of using PAX Gold (PAXG) as collateral against its loans to retail investors. A pilot scheme in late 2019 was limited to institutional clients and purportedly saw immediate demand for its gold-backed credit lines. Nexo’s announcement means that collateralized borrowing against high-grade gold is now no longer the preserve of the ultra-rich. Launched in September 2019, Paxos’ PAX Gold token is fully-backed by and redeemable for physical gold, stored in secure vaults. Each token represents one fine troy ounce…

Self-Proclaimed World’s Lightest Blockchain Rolls Out Phase Three of Its Testnet

boss

A new cryptocurrency ecosystem claiming to be “the world’s lightest blockchain” has ostensibly grown to become one of the largest layer 1 testnets by peer count in the industry. Speaking Cointelegraph on March 24, the developers behind Coda Protocol said that phase three of the network’s testnet launch has now drawn over 400 users — with 300 users signing up to stake, and 143 maximum concurrent users. When compared with data from block explorers for other testnets — as well as anecdotal information from professional validators — Coda claims this…

Crypto.com Rolls Out Bitcoin Invoicing Service for Users

boss

Crypto.com, a leading crypto-focused business that allows users to easily buy, sell, earn and pay with bitcoin (BTC) and altcoins at various locations, has announced the launch of its new invoicing service. The firm says the new service makes it possible for merchants using Crypto.com pay, to generate and send invoices to customers interested in paying with their crypto holdings, according to a blog post on March 24, 2020. Innovative Crypto Invoicing Service In an attempt to further eliminate the complexities associated with paying with cryptocurrency, Crypto.com has rolled out…

Bitcoin (BTC) Needs to Overcome These 2 Hurdles Before Breaking $7,000

boss

In brief:  The US Congress finally agreed to a $2 Trillion stimulus package.  Bitcoin (BTC) reacted positively to the news and traded briefly at $6,960, Binance rate. However, the $6,900 resistance area and the CME Bitcoin futures expiry this week, might delay BTC from reclaiming $7,000 and turning it into support. The two major parties in the United States Congress have finally agreed regarding the workings of a stimulus package that will attempt to offset the economic effects of the Coronavirus. The stimulus will be worth $2…

Feds Fight Motion to Dismiss Case Against One Coin Crypto Scam Lawyer

boss

The United States government has stood by its evidence presented against alleged OneCoin money launderer and former attorney Mark Scott. In a memorandum filed on March 24, the government responded to Scott’s appeal that the prosecution provided insufficient evidence that the funds he handled were derived from illicit activities during November’s proceedings — where a jury handed the defendant a guilty verdict.  The former attorney was found to have personally profited $50 million for laundering $400 million in OneCoin’s profits. Scott filed his motion to dismiss the case with the…

Bitcoin Paints Two Extremely Bearish Patterns: Death Cross and Double Top

boss

Bitcoin prices rallied Wednesday to reach an intraday top at about $6,983 but the move did not improve its bearish outlook for the rest of the month. The bitcoin-to-dollar daily chart saw the formation of two extremely bearish patterns: Death Cross and Double Top. The former appeared after bitcoin’s short-term moving average slipped below its long-term moving average. Meanwhile, the latter appeared as the price reached a peak two consecutive times with a moderate decline between them. BTC/USD forming death cross and double top on the same day | Source:…