Monthly Archives: February 2020

There’s No Such Thing as Tainted Bitcoins

All bitcoins are created equal. But in the eyes of blockchain forensics firms, some bitcoins are more equal than others. If these companies are to be believed, coins that have been used in criminal transactions are ‘tainted,’ destined to be forever linked with nefarious activity. The reality, however, is far different, for ‘taint’ is solely in the eyes of the beholder – and most beholders aren’t Chainalysis. Also read: Chainalysis Report Sheds Light on Darknet Markets and the Need for Onchain Privacy Tainted Coins Are All in […]

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Bitcoin Price Targets $10K as BitMex Open Interest Soars to $1.5B

BitMex Open Interest hits a new high at $1.5 billion as Bitcoin traders attempt to push the price above the $9.8K resistance. The bullish sentiment continues to build in the crypto market as numerous altcoins post double-digit gains on a daily basis. Bitcoin’s spot price (BTC) on crypto exchanges also continues to push higher with the passing of each day and earlier today the price broke above $9,800, extending to $9,862 before pulling back to trade around $9,650.  Crypto market daily price chart. Source: Coin360 Recently published […]

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US Navy Bets $9.5M on Blockchain to Keep Messaging Secret

Receiving $9.5 million, Simba Chain, a blockchain software startup, will install a secure messaging platform for the Department of Defense. The Naval Air Warfare Center, a California-based research group of the U.S. Navy, has given blockchain software startup Simba Chain nearly $10 million to put a secure messaging platform in play.  “The platform will be up this year, with on going updates over the next 4 years,” Simba Chain CEO Joel Neidig told Cointelegraph in a Feb. 6 email.  The Naval research group recently called on Simba […]

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DLT Goes Viral as Live Coronavirus Tracking Spreads to the Blockchain

Distributed Ledger Technology powers a new visualization tool from a blockchain company to track the coronavirus. Blockchain-enabled applications developer Acoer has created a data visualization tool to track the deadly coronavirus. The tool, known as the HashLog data visualization engine, interacts in real-time with Hedera Hashgraph’s distributed ledger technology. This allows researchers, scientists and journalists to understand the spread of the coronavirus and its trends over time through visuals presented on Acoer’s HashLog dashboard.  Acoer’s CEO, Jim Nasr, told Cointelegraph that the HashLog tool pulls data from […]

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French Food Company Looks to IBM’s Blockchain Network for Better Sourcing

IBM Food Trust blockchain platform has onboarded the Avril Group seeking to enhance transparency of products’ prevenance and supply chain. IBM Food Trust blockchain platform has onboarded one more French manufacturer seeking to enhance transparency of product provenance and supply chain. The Avril Group, a vegetable oil, eggs and protein manufacturer, and the owner of brands Matines and Lesieur, has begun using IBM Food Trust network to ensure traceability of its products, according to a Feb. 4 press release. Improving corporate social responsibility and customer experience By […]

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Bitcoin Trust GBTC Shares Spike Despite 30% Premium

Bitcoin and cryptocurrency prices have seen significant gains as the entire cryptoconomy is up more than 40% since mid-December. Grayscale’s Bitcoin Trust (GBTC) has also seen an uptick and shares have climbed 9% this week. The news follows the asset manager’s recent registration as a reporting company with the Securities and Exchange Commission (SEC) and the private placement of its shares. In the last three weeks, GBTC’s price has jumped more than 44%, mimicking BTC’s price patterns despite having a significant premium. Also Read: IOTA, EOS, XLM, […]

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SEC’s Cryptomom Proposes Safe Harbor Framework for Token Projects

United States SEC Commissioner Hester Peirce aka “Crypto Momâ€� has formally proposed a safe harbor from SEC registration for decentralized token projects. United States Securities and Exchange Commission (SEC) Commissioner Hester Peirce has formally proposed safe harbor for token projects. After initially floating the idea in August 2019, Peirce has now formally presented a regulatory vision that would create a safe harbor for projects that raise funds to build decentralized networks. Peirce proposes to provide decentralized network developers with a three-year grace period Speaking at the International […]

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Australia to Release National Blockchain Roadmap After Year of Preparation

The Australian government is going to release its national blockchain strategy on Friday, Feb. 7, following a nearly year-long preparation. The Australian government is going to launch its national blockchain strategy on Friday, Feb. 7, following a nearly year-long preparation. It has been almost a year since the country’s Ministry for Industry, Science and Technology and Ministry for Trade, Tourism and Investment announced the national blockchain strategy and roadmap last March. The new policy roadmap aims to make Australia’s nascent blockchain industry into a global leader, making […]

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Not Just Ebay, NYSE Owner Intercontinental Exchange Pushes Bakkt to Retail With Latest Acquisition

The owner of the New York Stock Exchange, Intercontinental Exchange, stunned many on Wall Street recently with a reported takeover bid for e-commerce marketplace Ebay. Now the group is aggressively trying to push its regulated bitcoin derivatives exchange Bakkt into the retail space with its latest acquisition of a loyalty solutions provider. Also Read: Bakkt Launches Bitcoin Options in US, Futures in Asia Bakkt to Acquire Loyalty Points Wallet Provider Bakkt, the digital assets subsidiary of the parent of the New York Stock Exchange ,  Intercontinental Exchange (NYSE: […]

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Bitcoin ‘Best Bet’ in Crypto, XRP Will ‘Underperform’ — Mike Novogratz

Contradictory statements surround Novogratz’s relationship with XRP, which is a portfolio feature of his crypto merchant bank, Galaxy Digital. Controversial altcoin XRP is still “proving” itself, but Bitcoin (BTC) remains the recommended investment choice in the cryptocurrency world, Mike Novogratz says. In a series of tweets on Feb. 6, venture capitalist Novogratz, who is also CEO of the cryptocurrency merchant bank, Galaxy Digital, delivered modest praise of XRP and Ripple, the company which owns more of it than anyone else. Novogratz “surprised” by XRP performance “This year […]

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