Plato Digital Inteligence

Blockchain Traceability Overtakes Payments Among Major Corporations

Source Node: https://cointelegraph.com/news/blockchain-traceability-overtakes-payments-among-major-corporations
Time Stamp: April 8, 2020 3:06 AM - Modified On: May 21, 2021 - Published By:
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Multi-billion dollar companies are more likely to use blockchain for traceability and provenance than for payments and settlement, according to a new analysis of the Forbes Blockchain 50.The now annual Blockchain 50 list was published in late February and includes fifty of the biggest brands in the world who are using blockchain, each with annual revenue in excess of $1 billion in annual revenue. Research from Dutch firm Blockdata, which incorporated its own data in the analysis, found that fifteen have solutions that tackle traceability and provenance, while 13 are using

Bitcoin SV’s Social Platform Twetch Streamlines P2P Payments

Source Node: https://cointelegraph.com/news/bitcoinsvs-social-platform-twetch-streamlines-p2p-payments
Time Stamp: April 7, 2020 11:46 PM - Modified On: May 21, 2021 - Published By:
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Bitcoin SV powered social media platform Twetch has launched a feature to streamline peer-to-peer (P2P) payments.Twetch is a Twitter-like social media platform where users must make micropayments in order to post and engage with content on the platform. Content creators are directly paid for their activity through a revenue sharing system based on likes and shares. The platform is currently in private beta.Command-line style payments featureTweet has rolled out the ability for users to send BSV to each other by entering the command-line ‘/pay’, a user’s tag, and the dollar

Tim Draper: Pandemic Could Be The Tipping Point For Bitcoin

Source Node: https://cointelegraph.com/news/tim-draper-pandemic-could-be-the-tipping-point-for-bitcoin
Time Stamp: April 7, 2020 8:46 PM - Modified On: May 21, 2021 - Published By:
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The global spread of the coronavirus played a major role in the dramatic 2020 stock market crash. The bailout bill for saving the world’s economy is $7 trillion and rising fast. Bitcoin bull Tim Draper believes this confluence of factors may be the tipping point that allows innovations such as Bitcoin and smart contracts to flourish.In an interview on April 6, the global venture capital investor said he was skeptical about the government’s infinite money printing bailout plan and said it would take years before that money “permeates” the global

It’s Time For Beer & Bitcoin: Quarantine Edition

Source Node: https://cointelegraph.com/news/its-time-for-beer-bitcoin-quarantine-edition
Time Stamp: April 7, 2020 7:23 PM - Modified On: May 21, 2021 - Published By:
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In the latest episode of Beer & Bitcoin, Cointelegraph’s YouTube hosts Jackson and Giovanni were joined by Cointelegraph editor-in-chief Jay Cassano and managing editor Kristina Lucrezia Cornèr. They are in quarantine in New York City and Padova, Italy, respectively.But we’re not inclined to let quarantine hold us down. With some beers on hand, it’s easy to get into an engaged crypto discussion.This time the conversation focused on the economic fallout of Black Thursday, Binance’s acquisition of CoinMarketCap, and the near-emergency shutdown of DeFi giant MakerDAO.Check out the full video and

Bitcoin Naysayer Jamie Dimon Praises $2 Trillion Stimulus While Predicting Great Recession

Source Node: https://cointelegraph.com/news/bitcoin-naysayer-jamie-dimon-praises-2-trillion-stimulus-while-predicting-great-recession
Time Stamp: April 7, 2020 6:04 PM - Modified On: May 21, 2021 - Published By:
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JPMorgan Chairman and CEO Jamie Dimon praised the U.S. government for quick action in the wake of COVID-19, yet he criticized it for not having a “pandemic playbook.”Dimon is mostly known among the crypto community for his derisive statements about Bitcoin (BTC). In September 2017, Dimon called Bitcoin “a fraud” right before its historical peak.  On another occasion he said:“It’s worse than tulip bulbs. It won’t end well. Someone is going to get killed.”A few months later, he acknowledged regretting those statements. (And when JPMorgan subsequently announced the JPM Coin,

Jack Dorsey Donates 28% of His Wealth to Global COVID-19 Relief

Source Node: https://cointelegraph.com/news/jack-dorsey-donates-28-of-his-wealth-to-global-covid-19-relief
Time Stamp: April 7, 2020 5:30 PM - Modified On: May 21, 2021 - Published By:
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Twitter CEO and Square founder Jack Dorsey has started a new fund called Start Small LLC, aimed at fighting COVID-19. He’s seeding the fund with $1 billion, roughly 28% of his wealth. He shared the news via Twitter:Source: TwitterThe fund’s efforts will initially focus fighting the global pandemic currently dominating the news cycle, but will eventually switch to providing money for girl’s health, education and universal basic income (UBI) initiatives. Dorsey is really putting his money where his mouth is when it comes to taking action to improve the world:“I

Bitcoin Cash Halving in T-Minus 16 Hours, BSV to Follow

Source Node: https://cointelegraph.com/news/bitcoin-cash-halving-in-t-minus-16-hours-bsv-to-follow
Time Stamp: April 7, 2020 5:09 PM - Modified On: May 21, 2021 - Published By:
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Bitcoin Cash (BCH) will complete its block reward halving over the next 24 hours, with Bitcoin Satoshi’s Vision (SV) following shortly after. One of Bitcoin’s most controversial forks, Bitcoin Cash, will halve in approximately 16 hours as of press time, cutting its block reward from 12.5 BCH down to 6.25.  Bitcoin forks follow the original coin’s leadThe result of community disputes, Bitcoin’s chain split in 2017, forming two assets — BTC and BCH. Consequently, BCH comes with the same maximum coin supply and mining reward payout as its parent, BTC.After the halving,

Bobby Lee Calls For BTC to Reach All-Time High in 2020

Source Node: https://cointelegraph.com/news/bobby-lee-calls-for-btc-to-reach-all-time-high-in-2020
Time Stamp: April 7, 2020 5:04 PM - Modified On: May 21, 2021 - Published By:
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Crypto exchange founder, Ballet crypto wallet company CEO and founder, and member of the Bitcoin foundation’s board of directors, Bobby Lee, sees soaring prices in Bitcoin’s (BTC) future.  Lee said he expects Bitcoin to hit $10,000 by its block reward halving in May in a statement provided to Cointelegraph. The CEO also forecast a $25,000 price tag for BTC by December 2020. The halving means less inflationLee has projected positive price targets for Bitcoin on a few other occasions. In a tweet last November, the CEO predicted the asset will hit $500,000

Bitcoin Spikes by 2x in 26 Days: What’s Actually Behind the Big Rally?

Source Node: https://cointelegraph.com/news/bitcoin-spikes-by-2x-in-26-days-whats-actually-behind-the-big-rally
Time Stamp: April 7, 2020 2:33 PM - Modified On: May 21, 2021 - Published By:
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The Bitcoin (BTC) price has increased by two-fold in less than a month, surging from $3,600 to over $7,350. While traders believe a combination of many factors caused the upsurge, there are three main factors that likely contributed to it.The three factors are a significant surge in spot buys, a massively overextended plunge below $4,000, and the immediate recovery of BTC to major support levels.Factor 1: Bitcoin spot buys on the riseCoinbase, Kraken, Binance, Bitfinex and other spot exchanges saw a substantial spike in buy volume following the March 13

The Crypto Industry’s ‘Bloody Friday’ Lawsuits: Do They Hold Weight?

Source Node: https://cointelegraph.com/news/the-crypto-industrys-bloody-friday-lawsuits-do-they-hold-weight
Time Stamp: April 7, 2020 1:47 PM - Modified On: May 21, 2021 - Published By:
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On April 3, a massive deployment of lawsuits were filed against major crypto industry players across the globe. The eleven lawsuits were filed in the United States District Court for the Southern District of New York in what is being called “Bloody Friday” for the industry.These lawsuits are class action in nature. For those unfamiliar with the term, this means a group of people have joined together to file a lawsuit against another party. Class action lawsuits are not very popular on an international level for a number of reasons,