Day: July 30, 2020

Is Blockchain-Based RBAC the Future of Access Control?

boss

Blockchain technology is best known for making cryptocurrencies such as Bitcoin secure. Due to the fact that it can be used to provide a secure ledger, blockchain seems to be at the traceability and validation solution of the future. As organizations grow, more end points and devices are exposed to sensitive important. Role based security restricts system access from certain users to protect the organization. In the context of the evolving blockchain world, let’s understand how and why Blockchain is going to impact RBAC in a major way. Why is…

‘Huge Demand in India’ Spurs Zebpay to Launch OTC Bitcoin Trading Desk

boss

Indian cryptocurrency exchange Zebpay is launching an OTC bitcoin trading desk. The exchange has shared the details with news.Bitcoin.com, stating that “There is huge demand” among bitcoin traders and arbitrageurs in India for OTC desk services. Zebpay Sees Huge Demand for OTC Crypto Trading in India Zebpay’s OTC desk offers “deeper liquidity and private, more personalized service to institutions and individuals with large orders that might be hard to fill on an open exchange,” the exchange’s OTC page details. Customers can trade BTC against INR with a minimum order size…

RDS Stock Down 3% after Shell Reports Drastic Drop in Q2 Earnings

boss

On Thursday, July 30, 2020, Royal Dutch Shell released its Q2 earnings results. The company reported a sharp decline in its revenue due to civic-19 related demand decline. The company reported a sharp decline in its revenue due to the coronavirus-related demand decline. Giant multinational oil and gas company Royal Dutch Shell Plc (NYSE: RDS.A) published a detailed Q2 2020 earnings report. As anticipated, the company reported a sharp decline in its sales and in turn the revenue for the said time in comparison to the same period last year.…

Blog: ICO launches guidance on AI and data protection

boss

Simon McDougall, Deputy Commissioner – Regulatory Innovation and Technology, discusses the relationship between AI and data protection as the ICO publishes new AI guidance. 30 July 2020 Over the past few years, I have witnessed amazing uses of Artificial Intelligence (AI) in areas such as online retail, banking, and healthcare. The recent pandemic has driven innovation in the use of technology and data but some of the challenges for organisations using AI are constant. For example, Is AI the right technology for the problem? What ethical issues does it create?…

Bitcoin Trading Below $11K Now, BTC Price Wants to Grow but Cannot

boss

On Thursday, July 30th, the BTC growth rate has slowed down. The cryptocurrency is generally trading at $10,936. By Dmitriy Gurkovskiy, Chief Analyst at RoboForex. Bitcoin trading below $11,000 again: BTC price tech analysis Commission fee for BTC transactions has grown New records of BTC trade in the Chicago Mercantile Exchange The growth of the BTC rate: new forecasts On W1, the price has broken the upper border of the descending channel. The quotations keep growing to the resistance level at 100.0% Fibo. The MACD histogram has entered the positive zone,…

Payment methods to integrate in p2p Crypto Exchange

boss

If you are starting your P2P Crypto exchange, you should provide multiple payment options for the users. Facilitating various payment options will not only improve their trade but also helps in the growth of your platform. There are some favorable payment options that you can integrate into your P2P bitcoin exchange script to develop your business. Payment options for your P2P Crypto Exchange software: Card Payments: Card payments are the most preferred payment options among traders. It is completely interlinked with the bank. Credit/Debit card payments are the fastest and…

When Robinhood FOMO? Bitcoin Price Pulling a ‘Kodak’ Means Six Figures

boss

Retail traders on Robinhood have been increasingly seeing “fear of missing out” or FOMO rallies around certain stocks. The latest beneficiary has been the stock price of the renowned camera manufacturer Kodak (KODK) whose stock surged from $2 to $60 in one day.  Therefore, given the current climate of economic uncertainty and “infinite QE,” if the optimism around risk-assets flows over to Bitcoin, chances of a similar rally for BTC price — as some analysts are currently predicting — certainly increase. Moreover, following the Federal Reserve’s FOMC meeting on July…

27 Key Execs at PlusToken Scam Are Reportedly Arrested

boss

The story of PlusToken, one of the largest scams in the cryptocurrency industry, takes another twist as dozens of major suspects have been arrested. As many as 27 core PlusToken team members have been arrested by Chinese police, according to a July 30 report by local industry publication ChainNews. According to the report, the total amount of investor losses in the PlusToken scam is estimated at 40 billion Chinese yuan or $5.7 billion. The report also mentions that investigators have also arrested another 82 core members of the scheme. Dovey…

Bloomberg’s $20K Bitcoin Prediction May Come True Due to “TINA” Effect

boss

Earlier in June, Bloomberg analysts made a bold Bitcoin price prediction, stating that the cryptocurrency could revisit its all-time high near $20,000. The forecast is now receiving further support from a worsening macroeconomic climate. Observers believe that safe-haven assets, as well as equities, could rally further into 2020 because of the TINA effect. It has been close to two months since the day Bloomberg made its boldest Bitcoin prediction. The financial services firm stated that it expects the cryptocurrency to retest its all-time high levels near $20,000. The analogy took…

Netherlands Regulators Greenlight Blockchain-Powered Real Estate Security Token Exchange – Blockchain News, Opinion, TV and Jobs

boss

The Financial Markets Authority in the Netherlands (AFM) has green-lighted Max Property Group (MPG), a real estate investment specialist,  to launch Max Crowdfund, an international real estate crowdfunding platform on blockchain technology on which real estate-backed loans will be placed. After gaining approval from the AFM (approval number 19000066), Max Property Group will now proceed with rolling out the platform, aided by advisory support from Jelurida on the blockchain component. First loans will be placed soon. The crowdfunding platform will make real estate investments available to everyone, regardless of wealth…