Monthly Archives: May 2020

Cointelegraph Joins World Economic Forum’s Strategic Intelligence Network

Cointelegraph has partnered with the WEF to integrate our crypto industry news and analysis feed to its Strategic Intelligence network. We are excited to announce that Cointelegraph has joined the World Economic Forum’s Strategic Intelligence contributor network as a content partner, supplying the latest blockchain and cryptocurrency industry news, market analysis and op-eds into its sophisticated and wide-ranging knowledge base.  Launched in 2019, Strategic Intelligence uses a combination of professional and AI-driven analysis to curate insights from think tanks, institutions and media outlets around the globe. Users […]

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Bitcoin Rising, Satoshi Discoveries, & Google Enters the Race: Bad Crypto News of the Week

Check out this week’s Bad Crypto News It’s been a strange week for BTC as we move forward in our new mining rewards era. The price ends the week down but a late rally has pushed it back over $9,000. Technical analysts expect Bitcoin to continue rising based on the liquidation range of short positions, a discussion of cryptocurrency in Goldman Sachs’s client call, and a lack of funding in the futures market. On the other hand, if ratings agency Weiss is right, more than 21 million […]

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Samsung May Have Appointed New Blockchain Leadership

South Korean tech titan names Woong Ah-yoon as the head of their blockchain division. Although the company made no official announcement, South Korean tech conglomerate Samsung Electronics seems to have been appointed a new Vice President in its AI PM Group / Blockchain Dev Group. Woong Ah-yoon, a former chief architect of Blockchain Solutions for Healthcare and Life Sciences at IBM, recently updated his LinkedIn profile with the new role. However, according to the information provided, he has been reportedly holding the position since January 2020. According […]

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Dogecoin CEO Elon Musk Launches Humans Into Orbit

Voted as the best hypothetical CEO for crypto asset Dogecoin, Elon Musk sent two fresh humans up through the stratosphere today. Elon Musk, a tech mogul with indirect ties to the crypto industry, sent two humans into orbit on May 30 in the first private, manned space craft launch in history.  “The launch will be the first time a private company, rather than a national government, sends astronauts into orbit,” Fox News said in a May 27 brief. “It will also be the first time that astronauts […]

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Hashpower Could Migrate From East to West as Global Mining Landscape Changes

The head of Ripple SBI Asia asserts that hashpower is migrating from east to west, however, notes that significant tensions remain between Chinese and U.S. mining firms. Speaking to Cointelegraph, the CEO of Ripple SBI Asia, Adam Traidman, predicted that the mining industry will continue to see hash rate migrate from east to west, asserting that he is already witnessing the transition begin. “We are seeing a huge interest [from][ wealthy Chinese miners who are paying somewhere on average of $0.03 to $0.05 per kilowatt-hour […] in […]

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‘Black Swans’ for Fiat Will Only Be a Favor for Cryptocurrencies

The more that government stimulus protects the economic pillars, the more it will support the liquidity inflows to Bitcoin and other cryptocurrencies. In the past three decades, the world has been witness to three extraordinary “black swan” events that served as structural crossroads for both societies and economies: the 9/11 terror attacks, the 2008 global financial crisis, and the COVID-19 pandemic. Nearly two decades ago, 9/11 unleashed brazen new escalations of state powers over individuals and monetary controls, all in the name of security from terrorism led […]

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Minecraft Meets the Blockchain Thanks to New Plug-In

Enjin announced the integration of EnjinCraft into the popular video game to boost its blockchain solutions for the gaming industry. Blockchain game technology company, Enjin, announced that their plugin “EnjinCraft” is now available on the popular video game, Minecraft. According to the announcement made by Enjin, the blockchain plugin will allow players to integrate, trade, and use blockchain gaming items through the servers. By integrating blockchain technology, the company aims to make it easy to tokenize Minecraft items and thus incorporate them within the players’ servers. The […]

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Amazon Patented a Blockchain System for Supply Chain Tracking

World’s top ecommerce firm Amazon filed a patent for a blockchain system that tracks goods as they move on the supply chain. World’s top ecommerce firm, Amazon, filed a patent for a blockchain system that tracks goods as they move on the supply chain. Amazon’s patent — dated May 26 — describes a “distributed ledger certification” system. The document explains that the tracking solution would ensure that consumer goods that are sold on its ecommerce site are authentic. The abstract reads: “Features are disclosed for an interface […]

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Hong Kong Vending Machines Choose BCH over BTC

Bitcoin Cash (BCH) proponent Roger Ver says that he did not pay for a Hong Kong vending machine to avoid offering Bitcoin (BTC) as a payment option. After Roger Ver posted a video of a Hong Kong vending machine accepting Bitcoin Cash (BCH) and not Bitcoin (BTC), trader and YouTuber Tone Vays claimed Ver paid for the vending machine to avoid accepting BTC. Ver denied such claims.  Ver demoed a Honk Kong vending machine accepting BCH Ver, an outspoken proponent of BCH, posted a May 29 video […]

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American Panic Led to the Creation and Expansion of the Corrupt Federal Reserve System

The Federal Reserve System was created after the “Panic of 1907” and ever since its inception in 1913, the Fed is one of the most powerful modern central banks in the world. Moreover, the Fed has always been either celebrated or criticized for stepping in whenever the U.S. is stricken with some kind of fear. During the coronavirus outbreak, the central bank has unleashed a massive number of monetary easing tactics, which has prompted editors from Wikipedia to add updated information to the Fed’s Wiki page. The […]

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