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As Malta Delays Regulatory Clarity, Fewer Firms Remain on ‘Blockchain Island’

Source Node: https://cointelegraph.com/news/as-malta-delays-regulatory-clarity-fewer-firms-remain-on-blockchain-island
Time Stamp: April 3, 2020 11:31 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

It seems that Malta is becoming both less popular among and less populated with crypto firms. The European Union country attracted dozens of industry players in 2018 on the back of the “blockchain island” agenda championed by the local government, but the relevant framework has not yet proven to be effective. Meanwhile, the official rhetoric apparently started to shift away from the blockchain sector, as the government now aims to consolidate it with “other niche sectors.”Meanwhile, the Malta Financial Services Authority, continues to pluck out non-registered crypto agents — be

Nodle Outgrows Stellar, Begins to Migrate to own Blockchain

Source Node: https://cointelegraph.com/news/nodle-outgrows-stellar-begins-to-migrate-to-own-blockchain
Time Stamp: April 3, 2020 12:52 AM - Modified On: August 29, 2021 - Published By:
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Republished By Plato

Nodle Network, an IOTA (MIOTA) competitor, is in the process of migrating from Stellar (XLM) to its own blockchain network with the release of the Arcadia testnet.Nodle is a decentralized network provider that specializes in detecting and connecting the internet of things (IoT). It currently connects over five million active nodes with over 92 million detected devices. While Stellar has been able to handle Nodle’s heavy traffic of 1.3 million daily transactions to date, the company believes it needs to deploy its own blockchain to accommodate some of the advanced features

Stellar Will Give 2.5 Million Lumens To Charities to Help During Crisis

Source Node: https://cointelegraph.com/news/stellar-will-give-25-million-lumens-to-charities-to-help-during-crisis
Time Stamp: April 2, 2020 8:24 PM - Modified On: August 29, 2021 - Published By:
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Republished By Plato

The Stellar Development Foundation has committed up to 2.5 million Lumens to six non-profit organizations to help out during the coronavirus crisis — and they’re calling on the community to help. The SDF will kick the initiative off by donating 100,000 XLM each to six charities, with the remaining funds used to match community contributions on a one-to-one basis throughout April. Strong balance sheetSDF CEO Denelle Dixon told Cointelegraph the Foundation was lucky enough to be in a strong financial position to be able to help:“We're in the fortunate position of having

AT&T Starts Appeal to Dismiss Crypto Investor’s SIM Swapping Case 

Source Node: https://insidebitcoins.com/news/att-starts-appeal-to-dismiss-crypto-investors-sim-swapping-case/256178
Time Stamp: April 2, 2020 4:44 AM - Modified On: August 29, 2021 - Published By:
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Republished By Plato

AT&T has moved to have a long-standing negligence case against it dismissed. Earlier this week, the company filed a motion to dismiss claims that it was complicit in a SIM swapping case that resulted in millions in crypto stolen from its customers. The case itself originated back in 2018, when crypto investor Michael Terpin sued the telecoms giant of negligence and accused it of being complicit in two separate SIM swapping operations. A Timeline of Terpin’s CaseAt the time, Terpin claimed to have lost almost $24 million, but was suing the firm

Price Analysis April 1: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LEO

Source Node: https://cointelegraph.com/news/price-analysis-april-1-btc-eth-xrp-bch-bsv-ltc-eos-bnb-xtz-leo
Time Stamp: April 1, 2020 3:00 PM - Modified On: August 29, 2021 - Published By:
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Republished By Plato

The Dow Jones Industrial Average had its worst first quarter on record. Compared to that, Bitcoin only fell about 10% over the same period, which shows clear outperformance. The resilience of Bitcoin (BTC) in the current crisis shows that it has arrived on the big scene and that it can weather a storm better than some of the traditional asset classes. This is likely to attract several institutional players to Bitcoin.Now, what can we hope for during the second quarter? Bitcoin has a very important halving event coming up next