Tag: bitcoin

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Black Friday Rally to $170 for Ether? — Here’s What Must Happen

Ethereum network’s token Ether (ETH) is showing signs of a bullish reversal and could rebound back to $170 levels after falling to March lows last week. Earlier this week Ethereum’s token Ether (ETH) took a serious tumble as Bitcoin (BTC) price swiftly broke down to $6,560 on Nov. 25. The price dropped through numerous supports,…
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Revamping the Traditional PPV TV Subscription Model With Blockchain

VideoCoin is gearing up to reinvent outdated PPV content consumption to battle Disney+ and Netflix, privacy still an issue to be resolved. For the past few months, the modern world has witnessed TV providers battle it out for the exclusive streaming rights for consumer-favorite shows such as Seinfeld, Friends, The Big Bang Theory, The Office…
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Saudi-UAE Leaders Confirm Forthcoming Jointly-Issued Digital Currency

Saudi Crown Prince Mohammed bin Salman arrived in the United Arab Emirates for an official visit yesterday to discuss joint policy measures, including a digital currency plan. Saudi Crown Prince Mohammed bin Salman arrived in the United Arab Emirates (UAE) for an official visit yesterday to discuss joint policy measures, including a digital currency plan. …
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Klaytn Blockchain Ahead of Facebook’s Libra Network, Says Kakao CEO

The CEO of Kakao said that the Klaytn blockchain developed by its subsidiary Ground X is similar in operation to Facebook’s Libra network but more advanced. Yeo Min-soo, the CEO of South Korean internet giant Kakao, said that his firm’s Klaytn blockchain is similar to Facebook’s Libra except it is way ahead in its development.…
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US Fed Weighs Up Potential CBDC as Countermove Against China

The Fed chairman’s recent letter illuminates how monetary policy bigwigs view crypto and if it might greenlight a USD stablecoin. Where just a handful of years ago, the idea would have been immediately dismissed or even met with ridicule, the United States Federal Reserve is now taking the concept of an official dollar stablecoin seriously.…
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Upbit Promises Swift Reimbursement, Theories Over Missing Funds Swell

Major South Korean cryptocurrency exchange Upbit has lost 342,000 ETH. All users will soon be reimbursed with corporate funds. On Nov. 27, major South Korean cryptocurrency exchange Upbit announced that 342,000 Ether (ETH), accounting for roughly $50 million, were stolen from its hot wallet earlier that day. Details remain vague, and some users are suggesting…
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Security Token Offerings: The Next Big Thing in Fintech

Security token offerings are beginning to provide stiff competition to IPOs. Could they become the norm? For businesses about to embark on periods of rapid growth, access to capital is essential. That said, traditional methods of fundraising sometimes leave a lot to be desired. Initial public offerings can help boost the profile of fledgling brands,…
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KPMG Launches DLT Supply Chain Tool in Australia, China and Japan

Big Four consulting firm KPMG officially launched its blockchain-based track and trace platform in Australia, China and Japan. Big Four audit firm KPMG has officially launched a blockchain-based track and trace platform in Australia, China and Japan. Dubbed KPMG Origins, the tool is designed to increase transparency and traceability of processes in multiple industries such…
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Happy Thanksgiving, Mr. Robot! Here’s Some Bitcoin For You

If it’s crypto-related, the crypto fans will notice it. Bitcoiners saw a Bitcoin (BTC) address in popular TV series Mr. Robot and, in the spirit of Thanksgiving, have actually sent some of the world’s number one cryptocurrency to it. For those of you who haven’t seen it yet, Mr. Robbot is a USA Network’s show…
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‘Reports of the Death of Privacy Coins Have Been Greatly Exaggerated’

Speculation of the death of privacy coins has been greatly exaggerated as regulators are not advocating an outright ban and these coins are already preparing to comply with the infamous Travel rule, according to cryptocurrency intelligence and blockchain security company CipherTrace. “Cryptocurrency users ultimately have to cash out to fiat currency somewhere to  Read more…
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