Tag: bitcoin

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Major Food Safety Firm Neogen to Test a Use Case For Blockchain

U.S.-based food and animal safety Neogen Corporation has partnered with blockchain firm Ripe Technology for tracking food and animal sources. The connection will allow Neogen to use the Ripe blockchain to track sources for products, as well as resolve issues such as recalls. Neogen is hoping that the connection with blockchain technology will provide consumers…
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North Korean Internet Use Spikes 300% as Regime Turns to Cryptocurrencies

North Korea’s internet use saw a 300% surge over the past three years as the country’s regime has continued to rely on cryptocurrencies. North Korea’s internet use saw a 300% surge over the past three years, as the country’s regime has continued to rely on cryptocurrencies for various activities. Exploitation of crypto and blockchain technology…
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Italy’s Securities Regulator Shuts Down 8 Crypto Trading and Foreign Exchange Sites

Italian securities regulator Consob is shutting down 8 FX and crypto websites for providing illegal products and services. Italy’s securities regulator has shut down six foreign exchange websites and two crypto investing and derivative trading sites.  According to Finance Magnates’ Feb. 10 report, the Commissione Nazionale per le Società e la Borsa (CONSOB) has accused…
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Bitcoin and Altcoins Continue Post-Rally Correction

After trading to a new 2020 high near USD 10,200, bitcoin price started a corrective decrease. BTC/USD traded below the USD 10,000 level and even broke the USD 9,850 support area. The price is now approaching the USD 9,650 and USD 9,550 support levels, where the bulls are likely to emerge. Similarly, there was a…
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Trump’s New Budget Would Have Secret Service Investigate Crypto Crimes

President Donald Trump’s $4.8 trillion 2021 budget proposal hopes to return the Secret Service to the Treasury in a bid to enhance cyber and financial crime investigations. President Donald Trump’s $4.8 trillion 2021 budget proposal hopes to reconsolidate the Secret Service with the Treasury Department in order to enhance cyber and financial crime investigations. Established…
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Why Are Tezos, Lisk, Binance Coin Beating Bitcoin so far in 2020?

Bitcoin price reached $10K over the weekend but as its dominance rate dropped many altcoins have continued to post triple-digit gains, namely BNB, XTZ and LSK. Over the weekend Bitcoin (BTC) bulls showed impressive strength as the price punched through $10,000 for the first time in 2020. Interestingly, not only Bitcoin forks have been performing…
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Bitcoin Price Has Set $8.2K Floor, $100K Coming Before 2022 — Analyst

The creator of the stock-to-flow model reveals the belief that Bitcoin will not return below $8,200, putting pay to traders calling for new lows. Bitcoin (BTC) may dip below its 200-week moving average price but will stay above $8,200, one of the industry’s most respected analysts has said. In a series of tweets on Feb.…
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Huobi Token Leads Top 20 as Exchange Joins LG on Klaytn Council

Huobi token (HT), the native token of major crypto exchange Huobi, is the best performing top 20 coin today after the company announced it joined the governance council of Klaytn (KLAY) on Monday. At pixel time (09:41 UTC), HT trades at c. 4.51 and is up by almost 8% in a day, increasing its weekly…
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Should They Stay or Should They Go? Crypto Firms in the EU Must Decide

Thickening regulations may drive crypto firms out of the EU, the rest will have to comply with “unclear and fragmented” laws for benefits in the long run. The European Union lately has been a hotbed for political and regulatory developments that could have a considerable impact on the day-to-day operations of the continent’s financial service…
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Poloniex Rolls Back Trading History After Software Bug Causes a Bunch of Problems

The popular exchange made some executive decisions for traders today. It’s like shooting yourself in the foot with computer code, then magically going back in time to before it happened. Crypto exchange Poloniex confirmed in a series of tweets today that it rescinded 12 minutes of trading history in response to a software problem that…
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