Author Archives: creative

Samsung SDS Partners With Tech Mahindra for a New DLT Product

Samsung SDS announced a joint initiative to launch a new blockchain traceability solution based on Nexledger. Samsung SDS, the IT subsidiary of global tech giant Samsung, has announced a joint initiative to launch a new blockchain-based traceability product. To develop the new project, Samsung SDS partnered with American software firm Pega and Tech Mahindra, a subsidiary of major Indian multinational conglomerate holding company Mahindra Group, according to a press release on Oct. 16. Specifically, the joint initiative will be a combination of Samsung SDS’s enterprise blockchain platform […]

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Crypto News From Brazil: Oct. 14–20 in Review

Cointelegraph Brasil presents a weekly digest of selected cryptocurrency- and blockchain-related news. Brazil has seen another tumultuous week in the cryptocurrency industry as the president of investment scheme Unick Forex said it will only pay customers who have kept their receipts, the 18th million Bitcoin (BTC) was mined, and the alleged pyramid scheme Atlas Quantum denied that videos with balances at Gate.io and HitBTC are fake. Here is the past week of crypto and blockchain news in review, as originally reported by Cointelegraph Brasil. Unick Forex says […]

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Why Is Bitcoin Price Going Up? 4 Indicators Suggest a Potential Bottom

As Bitcoin price successfully held $7,700-$7,800 support again and now back up over $8,200, several indicators suggest a bullish reversal. Bitcoin price (BTC) has continued to fend off support in the $7,800 region for what will be the fifth week running at the end of today.  With the BTC price currently back up over $8,200, several indicators suggest that a potential reversal may be in the cards.  Weekly Crypto Market Performance. Source: Coin360.com 1. Bitcoin price support holds again Bitcoin price seems to have found a bottom […]

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Crypto News From the Spanish-Speaking World: Oct. 13–19 in Review

Mexico announces a new alliance to support blockchain development in Cointelegraph’s weekly digest of news from the Spanish-speaking world. The Spanish-speaking world has seen another week of major cryptocurrency and blockchain developments with the Mexican government announcing a new alliance to support the development of blockchain initiatives. Here is the past week of crypto and blockchain news in review, as originally reported by Cointelegraph en Español. Mexican government announces an alliance to support local blockchain development On Oct. 14, the Federal Ministry of Economy of Mexico and […]

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Top-5 Cryptos This Week: XMR, XRP, BSV, LEO, BNB

A few of the top cryptocurrency performers of the past seven days are forming buy setups. What are the key levels to watch out for? Let’s analyze the charts. While the fundamentals in the crypto space have been improving over the past few months, repeated opposition to popular projects like Libra has kept the sentiment subdued. Speaking at the International Monetary Fund and World Bank fall meeting, German Federal Minister of Finance Olaf Scholz vehemently opposed the idea of allowing Facebook to create Libra because, according to […]

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Libra Loses Key Members, Potentially Forked — Still Looks Confident

Libra proceeds with formalizing its governance structure amid major members dropping out, regulatory upheaval and fork attempts. Earlier this week, initial members of the Libra Association formalized a governance structure after holding their inaugural meeting in Geneva. The transition happened just days after seven high-profile participants, including Visa, eBay and Mastercard, chose to leave the organization. Libra’s setback happened amid general regulatory upheaval in the crypto industry: In October alone, United States authorities fined EOS developer Block.One for holding an unregistered securities offering and halted TON — […]

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Traditional Law and Finance Can Adapt to Bitcoin, These Examples Show

Bitcoin brought about solutions to persistent problems that stood in the way of previous attempts to invent digital money, such as the risk of double spending. Some of its features, however, like the characteristic irreversibility of blockchain transactions, have created certain challenges for the traditional legal and financial systems. At times they may seem incompatible with cryptocurrencies, but that’s not always the case. Also read: Telegram Offers to Postpone Launch of the TON Network Legacy Legal Systems Facing Distributed Ledgers Matthias Lehmann, director of the Institute for […]

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Libra Surprise, Telegram Drama, Cointelegraph Blocked: Hodler’s Digest, Oct 14–20

Cointelegraph has been blocked in Russia, and Telegram’s legal showdown with the SEC has been delayed until February. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week New York district court postpones Telegram’s TON hearing to 2020 It looks like we’re all going to be waiting a while for the legal […]

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Vertical and Horizontal Blockchain Scaling, Explained

Let’s take a closer look at the core concepts underlying vertical and horizontal scaling. What are some of the key points to remember about scalability? It is all about centralization vs. decentralization. For blockchain platforms, the scalability of a given chain often boils down to the level of decentralization possessed by the network. Highly decentralized ecosystems (such as Bitcoin) are quite slow, whereas networks that are more centralized (like EOS, with its 21 Block Producers) are much faster. Therefore, having fewer nodes producing blocks generally makes things […]

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Market Outlook: Crypto Prices Hold Steady but Face a Crucial Turning Point

After sitting around $257 billion, the cryptocurrency market lost $35 billion in less than 30 minutes on September 24. Since then, many digital assets have found new support, but bears have started to claw away at these areas. Most cryptocurrencies are testing their weekly support trendline that started gathering steam in May as the market approaches a crucial turning point. Also read: The World Bank’s Blockchain Bond Is Just a Fancy Way of Selling Debt While Holding Foundational Support, Crypto Markets Face a Fork in the Road […]

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