Wednesday, January 16Your Daily Bitcoin & Altcoin News Portal
IOTA, Tron, EOS, Litecoin and Stellar Lumens Technical Analysis (June 6, 2018)

IOTA, Tron, EOS, Litecoin and Stellar Lumens Technical Analysis (June 6, 2018)

PRICE ANALYSIS
Please share if you find this article interesting. IOTA, Tron, EOS, Litecoin and Stellar Lumens Technical Analysis (June 6, 2018) We have been seeing a correction of most coins under our radar but with yesterday’s events, odds are alt coins buyers would continue increasing their long holdings. IOTA, Litecoin, EOS and Tron are experiencing positive gains and should be our focus of the day.Let’s have a look at these charts:EOS Technical AnalysisEOS Daily Chart by Trading ViewAfter their mainnet launch, those talking saying EOS don’t have a working product should just keep it to themselves. EOSIO 1.0 is but a working product and with many stake holders showing their interest on it, expect many more DApp projects to be done on their platform.As a matter of fact, Block one, the compan
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South Africa’s Central Bank Pilots Tokenized Fiat Interbank Payment System

South Africa’s Central Bank Pilots Tokenized Fiat Interbank Payment System

BITCOIN
Please share if you find this article interesting. South Africa’s Central Bank Pilots Tokenized Fiat Interbank Payment System South Africa’s Central Bank (SARB) has successfully piloted a Proof-of-Concept (PoC) for an interbank payment system that tokenizes fiat using Quorum, according to an SARB press release published June 5th. Quorum is an Ethereum-based private blockchain. According to SARB’s report on the pilot, dubbed ‘Project Khokha,’ all of the bank’s goals were successfully achieved, the primary aim being “to build a proof of-concept (PoC) wholesale payment system for interbank settlement using a tokenized South African rand on distributed ledger technology (DLT).” The project further aimed to investigate the “interconnected” issues of the platform’s scalability, resilie
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Research: Majority of EU, US Exchanges and Wallets Fail to KYC Users – Bitcoin News

Research: Majority of EU, US Exchanges and Wallets Fail to KYC Users – Bitcoin News

BITCOIN
Please share if you find this article interesting. Research: Majority of EU, US Exchanges and Wallets Fail to KYC Users - Bitcoin News Privacy More than two thirds of the leading cryptocurrency exchanges and wallet providers on both sides of the Atlantic fail to conduct proper identity verification checks. According to new research into their onboarding practices, most of the studied platforms do not meet the requirements of the upcoming regulations under the updated EU anti-money laundering directive. Also read: Localbitcoins Updates ToS: ‘Some Situations May Require ID’ ‘Crypto Identity Crisis’ The research, titled “The Cryptocurrency Identity Crisis: An Industry Scorecard for Digital ID Verification for KYC and AML”, looked into the onboarding practices of leading cryptoc
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Money20/20: Central Bank Execs Conclude Crypto Is No Threat to Fiat, Yet

Money20/20: Central Bank Execs Conclude Crypto Is No Threat to Fiat, Yet

BITCOIN
Please share if you find this article interesting. Money20/20: Central Bank Execs Conclude Crypto Is No Threat to Fiat, Yet Representatives from multiple central banks discussed whether or not cryptocurrency could spell the end of fiat currencies during the Money20/20 conference in Amsterdam today, June 5. During a panel talk titled “Cryptocurrency, the Central (Bank) Question”, representatives from the Swiss National Bank, the Bank of Lithuania, the Bank of England, and the Bank of Canada took turns responding to the question “Can cryptocurrencies spell the end of fiat currencies?”. Bank of Canada executive James Chapman stated that cryptocurrencies are only a threat to fiat currencies in a “situation of hyperinflation”. Thomas Moser, an alternate member of the governing board a
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World’s Largest Crypto Exchange Binance Invests in Blockchain-Based Esports Platform

World’s Largest Crypto Exchange Binance Invests in Blockchain-Based Esports Platform

BITCOIN
Please share if you find this article interesting. World’s Largest Crypto Exchange Binance Invests in Blockchain-Based Esports Platform The world’s largest crypto exchange Binance has made an undisclosed investment into blockchain-based esports voting platform chiliZ, according to a press release published today, June 5. According to the announcement, the Malta-based platform in which Binance is investing is part of Mediarex Group, a global sports and entertainment company. Binance and chiliZ will reportedly “join forces” to provide the sports industry with a “fan-driven token ecosystem for traditional sports teams.” According to the press release, chiliZ has already raised $27 mln via an ongoing “private placement”, evidently a closed token sale. The company claims that Binance’
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Police Forces Bust Alleged “New Age Cryptocurrency” Scam in India – Bitcoin News

Police Forces Bust Alleged “New Age Cryptocurrency” Scam in India – Bitcoin News

BITCOIN
Please share if you find this article interesting. Police Forces Bust Alleged “New Age Cryptocurrency” Scam in India - Bitcoin News Altcoins Police in the Indian city of Thane have raided the offices of an alleged multi-million cryptocurrency scam on Monday. According to its promoters, Money Trade Coin (MTC) “provides a safer, more secure and superior alternative of storing wealth in the form of digital currency, to investors as well as commoners.” Investigators, however, accuse it of being a front for an international fraud, misleading investors with promises of high returns, real estate and foreign passports. Also Read: Bitcoin in Brief Tuesday: Wozniak Wants Bitcoin to Rule World New Age Cryptocurrency On its website MTC is described as intellectual property jointly owned
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US: Gov’t Telecoms Agency Seeks Feedback on Blockchain for Its International Agenda

US: Gov’t Telecoms Agency Seeks Feedback on Blockchain for Its International Agenda

BITCOIN
Please share if you find this article interesting. US: Gov’t Telecoms Agency Seeks Feedback on Blockchain for Its International Agenda A U.S. government telecoms agency reached out for feedback on blockchain policy June 4 as officials forecast “increasing focus” on the technology in the coming years. In an announcement, the National Telecommunications and Information Administration (NTIA), which is part of the U.S. Department of Commerce, said that it wanted stakeholders’ input in “shaping its international agenda.” Broadly pertaining to internet governance, that agenda is set to pay specific attention to “emerging technologies and trends” such as blockchain, as well as freedom of information online, privacy and security. “We expect that in the coming years, our focus will increa
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Vietnam’s Finance Ministry Proposes Temporary Ban on Crypto Mining Hardware Imports

Vietnam’s Finance Ministry Proposes Temporary Ban on Crypto Mining Hardware Imports

BITCOIN
Please share if you find this article interesting. Vietnam’s Finance Ministry Proposes Temporary Ban on Crypto Mining Hardware Imports Vietnam’s Ministry of Finance (MoF) has proposed a temporary blanket ban on crypto mining hardware imports, local news outlet VN Express reports today, June 5. The MoF reportedly raised the proposal on Monday, alleging that crypto mining hardware can be used to launch new digital currencies that are “very difficult to regulate.” VN Express cites recent figures from the Ministry showing that in the first four months of 2018 alone, over 6,300 cryptocurrency mining rigs have already been imported into the country. Compared with 2017’s total of 9,300 rigs, the year’s surge was noted by Vietnamese Customs, The Hanoi Times further reports. Using cryptoc
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Twitch Streamers Can Now Tip With Four Cryptocurrencies – Bitcoin News

Twitch Streamers Can Now Tip With Four Cryptocurrencies – Bitcoin News

BITCOIN
Please share if you find this article interesting. Twitch Streamers Can Now Tip With Four Cryptocurrencies - Bitcoin News News Users of the popular video game streaming application Twitch can now tip each other using a variety of cryptocurrencies. The integration is made possible by a firm called Streamlabs who have built a protocol that can send tips through a user’s Coinbase account. Also Read: Decentralized Exchange Compendium ‘Index’ Lists Over 200 Dex Platforms Twitch Users Can Now Tip Each Other With Four Different Cryptocurrencies The well-known video game stream website Twitch is extremely popular, the page sees millions of visitors every month. Now users of the platform can tip each other with four cryptocurrencies including bitcoin cash (BCH), ethereum (ETH), litec
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Samsung Unveils Blockchain Platform to ‘Enhance Competitiveness’ of Finance Businesses

Samsung Unveils Blockchain Platform to ‘Enhance Competitiveness’ of Finance Businesses

BITCOIN
Please share if you find this article interesting. Samsung Unveils Blockchain Platform to ‘Enhance Competitiveness’ of Finance Businesses South Korean electronics giant Samsung is launching its own blockchain platform Nexfinance for finance-related businesses, the company announced in a press release June 4. Samsung SDS, the corporation’s IT arm, confirmed the platform would cater to digital finance businesses looking to transform their structures using cutting-edge technology. Yoo Hong-jun, Vice President of finance business at Samsung SDS commented: “Samsung SDS is planning to launch its digital finance business through Nexfinance, a digital financial platform that combines proven technology and new technology. It will be a companion to solve the troubles of the organization."