Blockchiain-Featured

Bitcoin Forks Flounder Despite Imminent Halvings

Source Node: https://cointelegraph.com/news/bitcoin-forks-flounder-despite-imminent-halvings
Time Stamp: April 8, 2020 4:56 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

With the halvings for Bitcoin Cash (BCH) and Bitcoin SV (BSV) failing to drive a surge in demand, it appears that their block halvings may turn out to be non-events.Despite their halvings, BCH and BSV exhibited normal volume, and strong correlation with the crypto markets at large.Bitcoin forks fail to attract demand heading into halvingsWhile at least six cryptocurrencies prepare to reduce their miner rewards in 2020, the market only appears interested in the forthcoming BTC halving.Within 48 hours of this writing, Bitcoin SV (BSV) will become the latest crypto

Price Analysis April 8: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LEO

Source Node: https://cointelegraph.com/news/price-analysis-april-8-btc-eth-xrp-bch-bsv-ltc-eos-bnb-xtz-leo
Time Stamp: April 8, 2020 3:32 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Central banks around the world have pumped up their economies with huge stimulus measures. JPMorgan Chase’s chairman and CEO, Jamie Dimon, praised the United States for taking swift action to counter the current economic crisis. Despite the kind words, in a letter to JPMorgan shareholders, Dimon warned that the future “will include a bad recession combined with some kind of financial stress similar to the global financial crisis of 2008.”Ballet CEO and founder Bobby Lee expects Bitcoin to reach $10,000 by its block reward halving next month. Lee expects the

Exclusive: US Congressional Watchdog on Prototyping Smart Contracts

Source Node: https://cointelegraph.com/news/exclusive-us-congressional-watchdog-on-prototyping-smart-contracts
Time Stamp: April 8, 2020 2:42 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

The supreme audit institution of the United States, the Government Accountability Office (GAO), posted two job positions with its Innovation Lab concerning the development of prototype applications for blockchain technology during March.Cointelegraph spoke to Chuck Young, the managing director of public affairs at GAO, to find out more about the agency’s interest in distributed ledger technologies, or DLT.GAO to refine auditing processes for blockchainYoung stated that GAO's primary application for blockchain will be as “a digital financial ledger” — indicating that the chief auditor is planning to use blockchain to

The Platform Is Set for Virtual Conferences: Will It Live Up to Its Promises?

Source Node: https://cointelegraph.com/news/the-platform-is-set-for-virtual-conferences-will-it-live-up-to-its-promises
Time Stamp: April 8, 2020 1:09 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

As the global economy struggles to adapt to the rapid changes the coronavirus pandemic has forced upon the world, the virtual conference space is booming. The need to engage, communicate and expand our network has perhaps never been so necessary as businesses struggle to survive what may be the next great economic depression. Blockchain and cryptocurrency are sectors of the financial technology industry that are used to leading the way when it comes to innovation, and it’s no surprise that blockchain conferences are quickly moving online in an effort to keep

Here’s How the Crypto Sector Is Navigating the Pandemic’s Challenges

Source Node: https://cointelegraph.com/news/heres-how-the-crypto-sector-is-navigating-the-pandemics-challenges
Time Stamp: April 8, 2020 12:01 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Despite hopes that a peak of the coronavirus cases is near, the pandemic continues to impact almost every aspect of daily life, becoming a rolling news ticker in itself. When such a disaster strikes, it can be easy to go through each day devouring the latest news as it occurs and digesting each piece as a story by itself without forming an overall picture.This pandemic is a seismic event with far-reaching impacts across different sectors, and crypto is no exception. In fact, because cryptocurrency markets move at breakneck speeds, the

Zoom Data Scandal Shows Blockchain May Be the Future of Communications

Source Node: https://cointelegraph.com/news/zoom-data-scandal-shows-blockchain-may-be-the-future-of-communications
Time Stamp: April 8, 2020 10:41 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

As people around the world started following shelter-in-place orders, popular video conferencing platform Zoom quickly gained new users, noting in a recent blog post that it had reached more than 200 million daily users last month, up from 10 million in December. From virtual conferences to online birthday parties, thousands of individuals have flocked to Zoom in an attempt to remain social at a time when social gatherings are banned.Yet, while Zoom may have seemed like the perfect alternative to in-person gatherings, a major security flaw has been lurking in

Dutch Brokerage Platform Launches Crypto Trading Across Europe

Source Node: https://cointelegraph.com/news/dutch-brokerage-platform-launches-crypto-trading-across-europe
Time Stamp: April 8, 2020 10:15 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

In response to the growing demand for cryptocurrency trading, Dutch retail brokerage platform BUX launched its commission-free cryptocurrency trading platform BUX Crypto.In a statement published April 8, the company announced that BUX Crypto is now available across 25 European countries.BUX stated that its new offering aims to bring new traders into cryptocurrency markets by simplifying the crypto trading process. BUX CEO and founder Nick Bortot said:“We see BUX Crypto as a natural extension of our current lineup, which is focused on offering products that make it simple and affordable for

Chicago DeFi Alliance Launches to Save Decentralized Finance

Source Node: https://cointelegraph.com/news/chicago-defi-alliance-launches-to-save-decentralized-finance
Time Stamp: April 8, 2020 8:58 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Amid the apparent ongoing collapse in decentralized finance (DeFi) lending, a group of major trading and cryptocurrency companies in the United States are launching an alliance to support the sector.Introduced on April 7, the Chicago DeFi Alliance (CDA) aims to provide DeFi-focused startups and entrepreneurs with support and guidance in complying with trading regulations and other applicable requirements.Chicago DeFi Alliance to share its expertise to boost DeFi liquidity and marketsAccording to a blog post by crypto fund Volt Capital, a founding member the CDA initiative, the alliance also includes major

OTC Spreads Exceeded 10% Amid Bitcoin’s Violent March Crash

Source Node: https://cointelegraph.com/news/otc-spreads-exceeded-10-amid-bitcoins-violent-march-crash
Time Stamp: April 8, 2020 8:52 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Over-the-counter (OTC) liquidity provider B2C2 has published a report analyzing the trading spreads exhibited across its Bitcoin (BTC) market and three leading institution-facing spot exchanges throughout March.The study finds that spreads widened significantly amid the dramatic crash of March 12–13, the largest drop in the price of Bitcoin since 2013.Bitcoin order spreads exceed 10% immediately on March 13As the crash began on March 12, bid-ask spreads for batches of 25 BTC bounced from close to single-digit basis points to 200 on its platform — equating to roughly 5%. The report also