Monthly Archives: April 2020

New Tron Partnership Lets Gamers Earn Crypto for Streaming

Tron partners with gaming platform, Refereum, paving the way for TRX and BTT rewards. Refereum, a blockchain-based platform that rewards users for video game engagement and streaming, has partnered with Tron.  The collaboration allows Refereum to pay out its video game streaming users in Tron’s TRX coin, and BitTorrent’s BTT token, said an April 2 statement provided to Cointelegraph.   Partnerships, more partnerships, and purchases Tron bought software company, BitTorrent Inc, in 2018. BitTorrent also utilizes an associated crypto asset called BTT, which is built on Tron’s blockchain. […]

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What to Expect When You’re Expecting… the Bitcoin Block Halving

After two previous halvings, Bitcoin is expected to moon… or is it? Many industry experts hold varied expectations for Bitcoin’s price following the block reward halving in May, proving 2020 is anything but mundane.  “On both prior occasions, Bitcoin surged to a new all-time high within 12 months, with the latest coming in December 2017 when the price reached about $20,000, which was followed by a massive decline,” Bill Herrmann, CEO of alternative investment banking firm, Wilshire Phoenix, told Cointelegraph in an email on March 10.  Herrmann […]

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Dow Jones Has a Blockchain-Based Product for Fighting Fraud and Staying Compliant

EastNets and Dow Jones Risk & Compliance have rolled out a blockchain-based feed of sanctions alerts based on a private blockchain network. Dow Jones Risk & Compliance has teamed up with a company called EastNets to build a real-time blockchain-based watchlist feed. This watchlist identifies high-risk third parties for business deals and helps maintain a business’s regulatory compliance. This blockchain-based product currently lets users solve problems associated with manually updating these watchlists and protecting data from cyber criminals. Deya Innab, chief strategy and product officer for EastNets, […]

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Beware! Scammers Are Out for Crypto Amid the Coronavirus Pandemic

Cybercrimes are on the rise amid the global coronavirus pandemic, and scammers are using crypto to facilitate some of their attacks. As the world continues to battle with the deadly coronavirus pandemic, immoral cybercriminals are once again on the prowl. This time, they are using the chaos and fear through phishing techniques and sophisticated malware hacks to access people’s crypto holdings. On March 27, residents in the United Kingdom received warnings from their local councils “to be on their guard against a series of scams attempting to […]

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Anyhedge to Launch Blockchain-Enforced Synthetic Derivatives for Bitcoin Cash

Developers from the organization General Protocols have announced the launch of a synthetic derivatives platform built on Bitcoin Cash. The project Anyhedge aims to be the first decentralized finance (defi) protocol on any branch of Bitcoin and the platform will launch in cooperation with Cryptophyl’s new non-custodial exchange, Detoken. Also read: Film Reels and Steel: Github Plans to Archive Bitcoin Code for 1,000 Years Decentralized Finance on Bitcoin Cash Bitcoin Cash fans were recently introduced to a decentralized hedge solution against arbitrary assets on the BCH network. […]

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Bull Bitcoin Announces Canadian Dollar Payments on Liquid Through L-CAD

Bull Bitcoin, a Canada-based Bitcoin exchange, has announced that it has developed Liquid CAD (L-CAD), a non-custodial, prepaid voucher denominated in Canadian dollars, issued on the Liquid network. In a post on Medium, CEO Francis Pouliot highlights that this product is meant to accelerate the adoption of bitcoin by Canadians. Each L-CAD is purchased with Canadian dollars that then enter a closed-loop system designed to eventually convert into Bitcoin. Bull Bitcoin is not providing a way to redeem L-CAD back to fiat dollars, but acknowledges that they […]

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Here’s Why Bitcoin Price Just Spiked to $7.3K, Liquidating $90M

The Bitcoin price spiked from $6,900 to $7,300, liquidating $90 million on BitMEX and Bitfinex alone. The Bitcoin (BTC) price spiked from $6,900 to $7,300 across major cryptocurrency exchanges, liquidating $90 million on BitMEX and Bitfinex alone. While several traders anticipated the Bitcoin price to see a strong upsurge as it breaks out of the $6,900 resistance level, the abrupt upsurge to $7,300 caught many technical analysts off guard. What happens next to Bitcoin? The Bitcoin price is often susceptible to large downside movements as seen on […]

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How the Pressures of the Coronavirus May Open the Door for Tokenization

Tokenization might be the best way for businesses to adjust to the new reality of the global coronavirus pandemic. The coronavirus pandemic is the only thing on most people’s minds right now around the world. The pending economic fallout is only surpassed by the anxiety induced by surging cases in both the United States and Europe. People remain firmly in quarantine around the world, and consumer demand has fallen off a cliff as people are holed up with only basic necessities. Paired with the awful Purchasing Managers’ […]

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Bitcoin Price Soars 15% to $7.2K But Breaking $8K Won’t Be Easy

Bitcoin price shot up today breaking the $7K level for the first time since its big crash on March 12 but lots of selling pressure remains above. Bitcoin (BTC) is trading at $7,106 representing an impressive 14.7% gain in the last 24 hours and 6.8% for today. Other global markets are also up off the back of President Trump’s comments around the likelihood that crude oil production will be cut back, which is one of the triggers which caused Bitcoin to slide from $9K to $8K in […]

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Philippine SEC Warns of International Ponzi Offering 300% Daily Returns

The Philippine SEC has warned of a fraudulent investment scam offering 9,000% returns through its ‘Bitcoin Revolution’ trading software. The Philippines Securities and Exchange Commission (SEC) warned of a crypto Ponzi scheme targeting Filipino, Australian, and European investors on March 30. The scheme, Bitcoin Revolution, comprises a classic Ponzi in which investors are offered exorbitant compounding daily returns on deposited funds. Bitcoin Revolution claims to have software that produces trades with a success rate of between 88% and 95% — offering a path to seven-figure status over […]

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