Bahrain Hopes to Cut Vehicle Data Storage Costs Using Blockchain
Bahrain’s General Directorate of Traffic has a plan to develop a blockchain-based vehicle registry system.
Another Wall Street Trader Moves to a Cryptocurrency Exchange, Talents Migrate
Wall Street is losing a lot of talented individuals in rather quick succession. Steve Hunt is the latest individual to join this growing list. He is the former CTO of Jump Trading and has been acquired by Kraken, the popular cryptocurrency exchange. It is not the first time talent is poached from Wall Street, nor […]
Bitcoin Magazine’s Week in Review: Markets, Miners and Conferences
While Bitmain creates new ASIC Antminers to mine any cryptocurrency running Equihash proof of work, the affected cryptocurrencies look at measures to prevent it. New York has a lot of news happening this week, with the New York Stock Exchange’s parent company looking to get into bitcoin trading and Blockchain Week kicking off with the […]
(UpBit Fraud A Crypto Sell Trigger) IOTA, Stellar Lumens, Tron, Litecoin, EOS: Technical Analysis for May 12, 2018
Of course, news of UpBit involvement in fraud is shocking and more so spells doom for EOS and Tron coin holders. This is because the majority of the exchange’s trading volumes come from the latter’s demand or liquidation. It’s a definite EOS, Tron and Litecoin sell signal visible for everyone here. However, we cannot attribute […]
Blockchain Experts Tell Congress How Crypto Tech Can Combat the Flow of Counterfeit Goods
Leveraging blockchain technology can help improve supply chain management and shipping as well as help protect United States companies from pirated products shipped from other countries which are causing unfair competition and disrupting markets. This claim emerged from presentations and testimonies from experts who spoke at the Congressional hearing of the United States Subcommittee on […]
China Takes Another Step Forward in Promoting Blockchain Innovation
The China Center for Information Industry Development (CCID) of the Ministry of Industry and Information Technology in Beijing announced its first monthly Global Public Chain Assessment Index at a recent conference. The platform is designed to offer detailed reviews of global blockchain projects by renowned experts in academia, industry and government bodies. Previously, the CCID […]
Electrum Imposter Shuts Down Website after Being Exposed as ‘Bitcoin-Stealing Malware’
Copycat bitcoin wallet service “Electrum Pro” has shut down its website after the company it was attempting to impersonate released evidence demonstrating its software was “bitcoin-stealing malware.” As CCN reported, the team behind Electrum (electrum.org) — a popular lightweight bitcoin wallet that has been around since 2011 — released evidence on GitHub demonstrating that the […]
Nvidia Made $289 Million from Cryptocurrency Mining in Q1
Nvidia, the world’s largest GPU Manufacturer, posted their earnings call for the first quarter and reported revenue of $3.21 Billion, which was more than the estimates of $2.89 Billion. According to the report, the company made $289 Million — 9% of their total revenue — from sales to cryptocurrency miners. Nvidia expected to make $200 […]
Omnitude: Bringing Transparency to Online Marketplaces
The new landscape of corporate IT involves ever faster adoption of newer technologies, and Blockchain is no different. Companies of all scales are clamoring to see how ledgers, dapps, and Blockchains can give them a competitive edge. But the amount of interest is outstripping the speed of progress in making business-ready crypto-technology solutions: the most […]
Bitcoin Price Analysis: Bears Take Bulls to Task with New Low
In a surprisingly aggressive move, bitcoin dropped $800 dollars in a few short hours. The move seemed to cripple many of the most bullish markets leaving some altcoins seeing 30–40% drops before finding any local bottoms. Last night’s move marked the first new low since the trading range (TR) formed 3 weeks ago: Figure 1: […]