Monthly Archives: April 2020

Vonage Co-Founder Launches Decentralized Videochat App to Battle Zoom

Can a new communications platform make security breaches a thing of the past? Jeff Pulver, a Voice Over Internet Protocol (VoIP) pioneer and the co-founder of Vonage, has launched a decentralized application (dApp) that claims to provide the “most secure end-to-end business communications network” available. The move follows reports last week that rival videochat app Zoom exposed personally identifiable information and private conversations on the open web. Centralized data storage provides a centralized point of failure According to Pulver, the problem with existing communication solutions is that […]

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Nestlé Rises to DLT Challenge, Expands IBM Food Trust Blockchain Tool to Coffee

Nestlé, the world’s biggest food and beverage firm, expands its long-running IBM Food Trust blockchain technology platform to its coffee brand Zoégas. Global implementation of blockchain technology in the food industry continues to grow as the world’s biggest food and beverage company, Nestlé, doesn’t put its blockchain efforts on hold. On April 6, Nestlé announced that the company is expanding its long-running IBM Food Trust blockchain technology platform to its coffee brand Zoégas. Getting all necessary coffee info from blockchain database  With this new implementation, Zoégas coffee […]

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Bitcoin Hashrate Increases ⅓ in 2 Days — Will BTC Price Follow?

Bitcoin (BTC) hashrate has increased 33% in just two days while the price of Bitcoin trails behind. Bitcoin (BTC) hashrate has increased 33% in just two days while the price of Bitcoin trails behind. BTC price & hashrate Bitcoin hashrate has exploded from 91,290,582 TH/s on April 4 to 121,029,181 TH/s on April 6. Historically, Bitcoin hashrate and price have exhibited a very close relationship, with a 0.77 correlation. This relationship makes sense considering that the hashrate represents, on the one hand, the production cost of Bitcoin […]

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Bitcoin Price Textbook Breakout Pattern May Trigger Big Rally to $8.5K

Bitcoin price has broken out of the $6,800 to $7,000 resistance range for the first time since its drop to $3,600 on March 12. The Bitcoin price (BTC) has surged by 5.6% in the last 12 hours, cleanly breaking out of the $6,800 to $7,000 resistance range for the first time since its drop to $3,600 on March 12. The strong upward momentum of Bitcoin and its staircase-esque rally in the last three weeks suggest that a textbook breakout pattern is forming. What Bitcoin needs to rally […]

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US Congressional Watchdog Quietly Reveals DLT Prototype Development

The U.S. legislative branch’s supreme auditor has created two job positions with responsibilities including the development and exploration of blockchain. The United States Government Accountability Office’s (GAO) Innovation Lab posted ads for job positions to develop “use case prototypes” for blockchain technologies in late-March. GAO is the supreme audit institution of the U.S. government and provides evaluation and investigative services for Congress. GAO to explore prototype applications for DLT The two positions seek an ‘Interdisciplinary Computer Engineer/Computer Scientist’ and an ‘Interdisciplinary Assistant Director, Computer Scientist/Engineer’ to explore […]

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Q&A: What is Prime Brokerage, and Will it Gain Traction in Crypto?

Is prime brokerage about to become more common in the crypto world, and what benefits can it deliver? We asked Bequant CEO’s for his perspective. From margin trading to futures, many services have made the leap from traditional financial instruments to cryptocurrency. But there’s one that has yet to enter the consciousness of most crypto traders: prime brokerage. Here, Bequant CEO George Zarya explains why 2020 could be the year that this technology starts to gain momentum, how it’s used across commodities and equities, and what it […]

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Kraken Appoints SAFT Architect Marco Santori as Chief Legal Officer

Santori joins to the Kraken’s legal team with broad experience in working on legal frameworks for the crypto industry, including SAFT. The U.S. based crypto exchange Kraken has appointed Marco Santori as the company’s new chief legal officer (CLO), according to an announcement shared with Cointelegraph on April 6th. Santori’s background in crypto law Santori is known for his work in litigating, advising and creating new laws in the crypto industry. Among his professional experience, Kraken’s new CLO worked for Blockchain.com as President, in addition to being […]

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Roger Ver Trashes Bitcoin.​com Coronavirus Layoff Claims as ‘More Bcash FUD’

CEO of Bitcoin.​com Roger Ver has swiped away claims that he laid off 50% of his staff, labeling the news “more Bcash FUDâ€�. Bitcoin.com CEO Roger Ver has brushed aside assertions that his website laid off 50% of its workforce, labeling the claims “more Bcash FUD.” Several cryptocurrency news outlets reported the layoff news after a post appeared on Candor, a site that purports to list jobs lost in response to the coronavirus.  Problems with Candor’s methods However, Candor’s list is entirely user-generated, meaning anyone can list […]

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2 American Banks Have Failed Since Coronavirus Started Spreading in the US

Since the coronavirus started spreading in the U.S., two banks have failed and were shut down by state banking authorities. One was a bank in West Virginia and the other was in the state of Nebraska. The governor of West Virginia has already issued a stay-at-home order due to rising covid-19 cases. Also read: IMF Declares Global Recession, 80 Countries Request Help, Trillions of Dollars Needed Banks Failing During Pandemic The latest bank to fail in the U.S. was a small bank in West Virginia called “The […]

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Ethereum Co-Founder: Finding Satoshi Is Like Finding a Malware Author

Ethereum co-founder suggests applying stylometric techniques to find Satoshi, but there is a caveat. Charles Hoskinson suggests applying stylometric techniques to find Satoshi Nakamoto, but there is a caveat. Stylometrics In an April 5 interview, Ethereum (ETH) co-founder and founder of Cardano (ADA) Charles Hoskinson suggested that the most effective way to find the person or team behind Bitcoin (BTC) is to apply stylometric techniques.  Stylometry is the application of the study of linguistic style, usually to written language. This technique had been previously applied to Satoshi […]

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