German bank WEG is paving the way for retailers to begin accepting crypto payments in the year 2020.WEG Helps Institutions Say “Yes” to CryptoWEG Bank is owned by both the blockchain firms Nimiq and Token Pay, as well as by the Litecoin Foundation. In an interview, CEO Matthias von Hauff says that the establishment is beginning to accept applications from companies and businesses that are interested in accepting crypto in the future. He says:You don’t have to be a customer of the bank. All we...
Read More »Craig Wright Incoherently Rambles About Bitcoin Payments & Privacy
Craig Wright continues to befuddle in the cryptocurrency space. The controversial computer scientist who maintains his identity as the one and only Satoshi Nakamoto recently spoke at the CoinGeek conference in Seoul on ‘The Power of Bitcoin SV Scaling’. The conference, which hosted a multitude of speakers, saw Wright headline and speculate on new inventions that could be built on top of his dramatic Bitcoin Cash fork now dubbed Satoshi’s Vision. Craig Wright, the promoter of government...
Read More »‘Excited’ Block.One Settles $24 Million SEC Penalty for Naughty EOS ICO
The Securities and Exchange Commission (SEC) has brought down the hammer on crypto once again, announcing a $24 million penalty on blockchain company Block.one. Yesterday brought equal measures of hope and despair for the cryptocurrency market. A new rating system for cryptocurrency classification sprung up, looking to bolster self-regulation efforts; at the same time, the SEC pounced on EOS‘ parent company, Block.one, for its supposedly unregistered ICO. The company had tried to subvert...
Read More »Could Tether Be the World’s Most Used Cryptocurrency Ahead of Bitcoin?
What is the most used crypto in the world today? Many may think that it is Bitcoin since it accounts for over 67% of the digital-asset world’s market value. They could be wrong. Although dependable figures on trading volumes are rare to come by in the unpredictable crypto finance world, CoinMarketCap.com data shows some interesting reports.The token that has the highest daily and monthly trading volume is Tether that has a market capitalization that is over 30 times smaller than Bitcoin....
Read More »Desperate Maduro Trumpets Crypto Payments with China and Russia
Venezuela’s President Nicolas Maduro has openly declared his regime’s love for cryptocurrencies like Bitcoin and Ethereum. The controversial politician on Tuesday said his government is using cryptocurrencies to access national and international payment infrastructure. He confirmed that Venezuela’s finance minister and central bank are close to introducing “new instruments.” It would give every Venezuelan access to “national and international payments through the central bank’s accounts.”...
Read More »BitTorrent File System On Track for Its Q3 2019 Target With Official Mainnet Launch
BitTorrent File System (BTFS) achieves an important milestone with its official mainnet launch. This is a major step ahead in proceeding ahead with the complete integration with the BitTorrent ecosystem.BitTorrent is a popular and the world’s largest peer-to-peer file-sharing platform. Last year, the TRON Foundation acquired the BitTorrent platform. The BTFS is a protocol and the network’s mechanism that enables peer-to-peer storage and sharing of digital content in a decentralized file...
Read More »Sequoia-Backed Band Protocol Enters DeFi With Ether-Denominated Binary Options
Photo: Band Protocol / MediumBand Protocol, Sequoia-backed data management company, has launched the mainnet of its decentralized trading app. The news follows Band Protocol’s announcement about going live on Ethereum mainnet.2/ Another key highlight today is the launch of BitSwing Mainnet, which represents a perfect example of dApps made possible with $BAND oracle.?Available now on: https://t.co/I5Phc78KEb— Band Protocol (@BandProtocol) September 30, 2019Features of BitSwingCalled BitSwing,...
Read More »Tron (TRX) Price Analysis: Bulls Losing Momentum Near Key Resistance
Tron price started an upside correction from the $0.0117 low against the US Dollar.TRX price is currently trading near the key $0.0150 and $0.0152 resistance levels.There was a break above an ascending channel with resistance near $0.0144 on the 4-hours chart (data feed via Bitfinex).The price could climb sharply if there is a proper close above $0.0150 and $0.0152.TRON price is currently correcting higher against the US Dollar and bitcoin. TRX price needs to surpass the $0.0152 resistance...
Read More »U.S. SEC Charges Block.one for Its $4 Billion ICO and It’s Not as Heavy as You Think
Photo: Block.oneThe EOS blockchain developer Block.one has been charged by the United States Securities and Exchange Commission (SEC) over its 2017-2018 ICO which raised about $4.1 Billion during the process. The Commission charged the company with the relatively low sum of $24 Million which boils down to about 0.58% of the sum raised during the offering which is relatively light when comparing the amount raised to the amount charged.Following the DAO report which highlighted several types...
Read More »Ethereum Price Analysis: ETH Could Struggle To Continue Higher
Ethereum price started an upside correction after trading as low as $152 against the US Dollar.ETH price is currently trading above $175, but it is facing a strong resistance near $185 and $188.There is a crucial bearish trend line forming with resistance near $188 on the 4-hours chart (data feed from Coinbase).The price is likely to struggle to surpass the key $185 and $188 resistance levels in the near term.Ethereum price is climbing towards a major resistance near $185-$188 against the US...
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