Samsung now supports Decentraland’s native tokens, LAND and MANA, within its Blockchain Wallet App. Source link
Samsung Adds Support for Blockchain VR Platform Decentraland
Day: July 21, 2020
UK Treasury Wants to Bring Crypto Ads Under Direct Gov’t Oversight
The government of the United Kingdom believes that current rules do not go far enough to protect consumers from misleading crypto ads and is advocating change. New proposals published on July 20 would, if approved, bring the promotion of certain types of crypto assets under direct regulation from the Financial Conduct Authority — or FCA — for the first time. The U.K.’s Economic Secretary to the Treasury and City Minister, John Glen, said: “It’s important that people can understand the financial products they see promoted. If adverts by unauthorised firms…
Key Factors Suggest Ether at Major Breakout Point: $240 Presents Challenge
Ethereum’s Ether is recovering and trading above the $235 resistance against the US Dollar. ETH seems to be preparing for a crucial upside break above $238 and $240. Ether is recovering from the $232 support and trading above $235. The price is now approaching the main $238 and $240 resistance levels. There is a major bearish trend line forming with resistance near $238 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a strong increase if it clears the $238 and $240 resistance levels. Ether…
Banque De France Announced Pilot Candidates For Researching and Testing CBDCs For Interbank Settlements – Blockchain News, Opinion, TV and Jobs
Banque de France has selected a number of candidates to test and present solutions for a new French Central Bank Digital Currency (CBDC), including Swiss Bank SEBA, Accenture, Euroclear, HSBC, Iznes, LiquidShare, ProsperUS, SEBA Bank, and Société Générale. Banque de France announced the overview of candidates for their experiment. SEBA Bank is proud to see that Banque de France selected SEBA Bank according to Guido Bühler, CEO SEBA Bank. “We at SEBA Bank are very proud of this achievement, and to be selected by Banque de France honours us. It…
Experts Concerned Over Twitter’s Ability to Tweet on Behalf of Users
Cybersecurity experts are warning that the Twitter hack on July 15 shows that the social network needs to strengthen its security in order to avoid a worse black swan scenario with serious consequences. In the most recent incident, attackers launched a crypto giveaway scam by posting phishing messages through the hijacked profiles of celebrities and high-ranked political personalities worldwide, collecting over 13 Bitcoin (BTC) from the victims. The attack could have been worse Ilya Sachkov, CEO of threat intelligence firm Group-IB, believes the attack demonstrated a “huge problem of low…
Bitcoin Cash Breaking This Confluence Resistance Could Spark a Strong Surge
Bitcoin cash price declined and retested the $220 support zone against the US Dollar. BCH is now consolidating and facing many hurdles near $226 and $230. Bitcoin cash price tested the $220 support level and it is consolidating losses against the US Dollar. The price is currently facing a strong resistance near the $230 and $231 levels. There is a key bearish trend line forming with resistance near $226 on the 4-hours chart of the BCH/USD pair (data feed from Kraken). The pair must clear the $230 resistance zone to…
Japanese Financial Watchdog Appoints New Commissioner
Japan’s Financial Services Agency (FSA) has officially announced it will hire Ryozo Himino as its next leader. In a July 20 update to the Financial Services Agency’s executive directory, Himino is now listed as the commissioner of the watchdog group. The regulator was formerly the agency’s International Financial Deputy Counselor and the first Japanese Chairman of the Standing Committee of the Financial Stability Board (FSB). Himino will be replacing outgoing commissioner Toshihide Endo, who Bitcoin bull Anthony “Pomp” Pompliano described in his role with the FSA as “a big proponent…
Amir Taaki Knocks Bitcoin Coinjoin Schemes – Calls Methods ‘Absolute Garbage’
On July 17, the well known Dark Wallet creator and early Bitcoin developer, Amir Taaki, criticized bitcoin privacy methods on Twitter. Taaki claimed that UTXO mixing concepts like Coinjoin were “absolute garbage.” Taaki also knocked other concepts like Mimblewimble and privacy-centric coins like monero as well, claiming that zero-knowledge accumulators will be the “anonymous gold standard” going forward. Certain methods of privacy-enhancing and transaction obfuscation like Coinjoin were recently criticized by the early Bitcoin (BTC) developer Amir Taaki. The software engineer created the Dark Wallet application with Defense Distributed’s founder…
CoolBitX Partnering with Elliptic to Address FATF’s Travel Rule
FinTech company CoolBitX may have a solution for countries that have not yet complied with the Financial Action Task Force’s “travel rule”. According to a statement from CoolBitX shared with Cointelegraph on July 21, the blockchain security company announced it would be partnering with cryptocurrency forensics firm Elliptic to address anti-money laundering (AML) regulations for virtual asset service providers (VASPs) in accordance with the Financial Action Task Force (FATF) travel rule. VASPs will have access to both Sygna Bridge — the solution proffered by CoolBitX — and Elliptic’s crypto transaction…
This Technical Pattern Suggests Bitcoin’s $9K Deadlock Could Be Over Soon
Bitcoin is trading above the $9,150 support against the US Dollar. BTC seems to be preparing for a major increase if it succeeds in clearing the $9,200 resistance zone. Bitcoin is still struggling to settle above the $9,200 and $9,220 resistance levels. The price is currently trading above the $9,150 support and the 100 hourly simple moving average. There is a crucial bullish trend line forming with support near $9,155 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is likely to gain bullish momentum…