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Bull Runs, Mining, and Tor Attacks: Bad Crypto News of the Week

Source Node: https://cointelegraph.com/news/bull-runs-mining-and-tor-attacks-bad-crypto-news-of-the-week
Time Stamp: August 15, 2020 7:00 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Last week, the Bitcoin news was all about lift-off. This week, it’s all about the leveling off. Bitcoin ends the week around $11,400, a fall of about 2.7 percent over the last seven days. That drop included a correction of $700 in one day so the question now is whether the bullish moment has gone or will Bitcoin push on to $15,000? Its first mission will be to break the resistance at $12,000. Bitcoin failed to do that twice in ten days but consolidated after each failure, which some experts believe

Unraveling the Blockchain and Crypto Gaming World One Click at a Time

Source Node: https://cointelegraph.com/news/unraveling-the-blockchain-and-crypto-gaming-world-one-click-at-a-time
Time Stamp: August 15, 2020 7:30 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Regular readers will no doubt be aware of the high expectations currently being placed on the shoulders of blockchain gaming. For advocates of blockchain technology, there is the hope that tapping into the estimated 2.5 billion gamers worldwide will provide a huge leap toward mainstream adoption.Blockchain and distributed ledger technology continue to make inroads into all kinds of industries as an increasing number of people discover and gain an understanding of the benefits that it can bring. From supply chain efficiencies through certification of authenticity and provenance to the immutable

What is Ferrum Network? A Guide to High-speed DeFi

Source Node: https://www.asiacryptotoday.com/ferrum-network-frm/
Time Stamp: August 14, 2020 2:53 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Decentralized finance has risen to become one of the foremost active sectors in the crypto space. With the establishment of decentralized ecosystems with global network effects and interoperability, they have successfully penetrated the fintech industry. One very interesting  DeFi project is Ferrum Network. Ferrum’s revolutionary technology brings networks together, for a consistently high-speed and low-cost transaction experience for each digital asset. It aims to overcome current problems in cryptocurrency usage in real-world finance applications. Table of Contents Background Founder Naiem Yeganeh, along with Co-Founder and COO Ian Friend, laid the

Four of the Top Five South Korean Banks to Offer Crypto Services

Source Node: https://cointelegraph.com/news/four-of-the-top-five-south-korean-banks-to-offer-crypto-services
Time Stamp: August 14, 2020 1:08 AM - Modified On: May 21, 2021 - Published By:
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South Korea’s Woori and Shinhan banks have just announced their intention to introduce “crypto-asset services”. That means that four of the country’s top five banks, holding a combined value of more than $1.2 trillion in assets, are now poised to introduce crypto services.Each of the banks aims to hold and manage cryptocurrencies for clients. Both Shinhan and Woori announced their plans in direct response to the amended Special Financial Transactions Information Act which will change legislation around crypto assets, coming into force next year.Shinhan bank previously announced plans for crypto

90% Crypto Investors Worry About Their Investment – What Will Happen After Their Death

Source Node: https://bitcoinsinireland.com/90-percent-crypto-investors-worry-about-their-investment-what-will-happen-after-their-death/
Time Stamp: August 13, 2020 6:52 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Cryptocurrency and blockchain have become the most trending topic worldwide, especially on the internet. Mostly, investors and traders are involved more in cryptocurrencies. Because the crypto market gives good returns, and it offers an excellent opportunity for the traders too.Recently, a study revealed that 90% of the crypto investors are worried about their investment in cryptocurrencies. They are wondering what will happen to their crypto assets after their Death. However, some people have some proper plans for it. But some investors, particularly younger ones, are only thinking about their own.How

Venezuela May Soon Be Collecting Taxes in Crypto

Source Node: https://cointelegraph.com/news/venezuela-may-soon-be-collecting-taxes-in-crypto
Time Stamp: August 12, 2020 1:10 AM - Modified On: May 21, 2021 - Published By:
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The Bolivarian Council of Mayors in Venezuela signed the so-called "National Tax Harmonization Agreement" for 305 municipalities in the country, including the Petro (PTR) as a means to collect payments of taxes and sanctions.The cryptocurrency is becoming increasingly widely used as the result of a new campaign. According to the government, the vice president of Venezuela, Delcy Rodríguez, will be in charge of implementing a single registry of taxpayers through a digital consultation tool.She will also be in charge of creating an information exchange and monitoring system for companies to record

With Value Approach, Off The Chain Capital Is Changing The Bitcoin Investment Narrative

Source Node: https://bitcoinmagazine.com/articles/with-value-approach-off-the-chain-capital-is-changing-the-bitcoin-investment-narrative?utm_source=rss&utm_medium=rss&utm_campaign=with-value-approach-off-the-chain-capital-is-changing-the-bitcoin-investment-narrative
Time Stamp: August 11, 2020 12:44 PM - Modified On: May 21, 2021 - Published By:
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When viewed from a traditional investing lens, bitcoin may seem like a risky bet. The technology is still relatively new, the price is notoriously volatile and it’s not uncommon to hear investors caution newcomers not to invest more than they can afford to lose in BTC.But the performance of Off The Chain Capital, a digital currency investment firm that focuses on value investing in bitcoin, tells a different story. As one of the best-performing funds in the space, it has shown that reliable performance and BTC can go hand in

USDA Proposes Blockchain Ledger for Organic Product Supply Chain

Source Node: https://cointelegraph.com/news/usda-proposes-blockchain-ledger-for-organic-product-supply-chain
Time Stamp: August 10, 2020 8:55 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

The U.S. Department of Agriculture has proposed amending its rules on organic products to include implementing blockchain technology to trace its supply chain.According to an Aug. 5 report from the U.S. Department of Agriculture (USDA) Agricultural Marketing Service (AMS), the agency said it expects electronic tracking systems, including digital ledger technology (DLT), will play an “essential role” in the traceability of its supply chain of organic products.“DLT can provide secure, verifiable, transparent, and near-instantaneous tracking at the item level in complex supply chains,” the report stated. “Critically, DLT can also

Why Grayscale’s New Digital Currency Ad Could Bring Crypto Investing To Millions

Source Node: https://cointelegraph.com/magazine/2020/08/10/grayscale-ad-digital-currency-history-of-money
Time Stamp: August 10, 2020 9:16 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

This morning Grayscale, the world’s largest provider of cryptocurrency investment vehicles, temporarily turned its attention away from hoovering up the supply of Bitcoin to focus on arguably the most intractable problem in all of crypto: getting your stubborn friends and family on board.  Last Friday Grayscale founder and CEO Barry Silbert teased a massive ad buy on Twitter with the intention to “brrring crypto to the masses” — and this morning he delivered, with spots on CNBC, MSNBC, FOX, and FOX Business, among others. The Grayscale blog, meanwhile, pitches the

China: Loudi City Mayor Promotes Blockchain to Fight Crime

Source Node: https://cointelegraph.com/news/china-loudi-city-mayor-promotes-blockchain-to-fight-crime
Time Stamp: August 10, 2020 6:21 AM - Modified On: May 21, 2021 - Published By:
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The mayor of Loudi, a city in China’s Hunan province, has characterized blockchain technology as a powerful “weapon” that can effectively tackle crime.At a meeting of Loudi’s Municipal Public Security Bureau on Aug. 10, Mayor Yang Yiwen responded to reports on the progress of a trial blockchain project that is currently being conducted by the bureau and a local technology firm. The project combines blockchain technology with multi-party computing and big data to improve trusted data exchange and information traceability across a collaborative network. This network unites telecommunication network operators, banks and