Recently, bitcoin price trimmed most gains and declined below the USD 7,350 support. Moreover, BTC/USD declined below the USD 7,250 support and traded close to the USD 7,150 support. The price is currently (09:00 UTC) trading in a range and seems to be preparing for a fresh increase towards USD 7,350 and USD 7,550. On…
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BitMEX’s insurance fund now holds nearly 0.2% of all Bitcoin in circulation after growing 61% in 2019, but what exactly is it for? The BitMEX Insurance Fund has added nearly 13,000 BTC in 2019, reaching a total of just over 33,491 BTC as of Dec. 30. This is equivalent to 0.19% of the total Bitcoin…
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The Committee of Sponsoring Organizations of the Treadway Commission is planning to release guidance on blockchain for companies looking to deploy the technology. The Committee of Sponsoring Organizations of the Treadway Commission (COSO) is planning to release guidance on blockchain for companies looking to deploy the technology. As The Wall Street Journal reported on Dec.…
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Ethereum researcher turned North Korea advisor has been released on a $1 million bail, and is allowed to travel but will have to stay out of California. After having been denied bail on Dec. 26, Ethereum foundation researcher Virgil Griffith has now been released on a $1 million bond on the condition that he stay…
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Chinese President Xi publicly supports blockchain development in the country. The first blockchain industrial park was opened in Shanghai’s Baoshan District in November 2016 with the goal of not only developing blockchain technology for government-related work, but also for connecting the technology with finance, insurance, real estate, intellectual property and other industries. Shortly after the…
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Users of IOTA, the 24th biggest crypto by market cap, were unable to confirm transactions for 24 hours due to a mainnet incident on Dec. 29. Users of IOTA, the 24th biggest cryptocurrency by market cap, were unable to confirm transactions for 24 hours due to a mainnet incident on Dec. 29. According to an…
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Blockchain funding has decreased substantially in 2019 when compared to 2018, even though adoption is increasing. Blockchain has become a buzzword in the startup ecosystem and multinationals alike. Numerous benefits provided by the technology has incentivized businesses and governments to adopt, explore or invest in it. However, a surprising turn of events took place in…
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Amid volatility and regulatory uncertainty, some projects and individuals came out on top in 2019 while others faltered. Even though the cryptocurrency industry is not new to ups and downs, 2019 has turned out to be the year with the most surprising reveals. The long-lasting bear market of 2018 moved market analysts to call it…
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Cryptocurrency exchange Poloniex confirms data leak after sending out awkward email to customers. Cryptocurrency exchange Poloniex has forced a password reset for all customers due to a leaked list of email addresses and passwords on Twitter. On Dec. 30, the exchange emailed its customers to inform them that a list of leaked email addresses and…
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DLive joins BitTorrent ecosystem to bring blockchain-based content sharing to 100 million monthly active users. Peer-to-peer filesharing giant BitTorrent announced on Dec. 30 that DLive, the blockchain-based live streaming platform, will be joining its ecosystem. Through this partnership, DLive will bring peer-to-peer content sharing and live streaming capabilities to BitTorrent’s 100 million monthly active users.…
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