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Read More »Chain2020 Hong Kong Blockchain Event Prepares for Over 10,000 Participants
An estimated 10,000 people from around the globe with interest in decentralized finance (DeFi), blockchain and other tech related services will converge on January 15, 2020, rubbing shoulders with seasoned professionals and experts in the field during the Hong Kong Chain2020 event.Chain2020 is a series of educational events seeking to spearhead the promotion of blockchain technology in Asian regions. The event is organized as a key driver in creating a floodgate for security-related...
Read More »The Bitcoin Hash Rate Could Be Behind Its Recent Spikes
As we all know, bitcoin has spent the last few days gaining steam and jumping into higher ranges. While we’ve been quick to assume it has something to do with the political unrest due to tension between the U.S. and Iran, another source is claiming something different.The Bitcoin Hash Rate May Have Something To Do with ThisBitcoin first began jumping upward on January 3 following a U.S. drone strike on Iran that killed off one of the latter country’s top generals. From there, bitcoin – which...
Read More »Sonny Singh: BTC Will Reach the $20,000 Mark Over the Next 12 Months
Another bitcoin price prediction is in the books. This time, the words come from Sonny Singh, an executive with Bit Pay.Singh Predicts Big Things for BTC This YearIn a recent interview, Singh explained that he thinks 2020 will be the year in which bitcoin strikes $20,000 territory again. Thus, crypto enthusiasts will see three 20s this year; $20,000 in 2020. One wonders if this is meant to be funny…On the one hand, it’s good news. Bitcoin – which recently fell back into the $7,000 range...
Read More »Two Plaintiffs Drop Lawsuit against Tether and Bitfinex
Eric Young and Adam Kurtz suddenly revoked their lawsuit against the Bitfinex exchange and Tether founders. The two previously claimed market manipulation and fraud.The plaintiffs said they are crypto traders who suspect that Bitfinex and Tether fed the market with fake data about their volumes, operations, and deals. However, on January 7 both filed a document saying they demand voluntary dismissal for their claims:“The Court having considered the Notice of Voluntary Dismissal Without...
Read More »Bitcoin Falls Back Into the $7,000 Range
What did we tell you all? Political unrest has a lot to do with bitcoin’s sudden rise to power. Now that relations between the United States and Iran are easing up a bit, it appears bitcoin has quickly descended back into the $7,000 range.Bitcoin Is Falling Back DownAt the time of writing, the world’s number one cryptocurrency by market cap is trading for just over $7,800. While this is not a massive difference from yesterday’s $8,000, it’s still a punch in the gut. Many enthusiasts thought...
Read More »Business Analytics Startup Sisense Touches $1 Billion Valuation after Latest Funding Round
New York-based leading business analytics platform Sisense has touched $1 billion valuation after its recent $100 million funding round. Insight Venture Partners led this funding round along with other investors Bessemer Venture Partners, Battery Ventures, DFJ Growth, and others.In the last three years, the company’s valuations have surged 200% as it now serves over 2000 customers. Some of the big names in Sisense’s client list include Nasdaq, Philips, Salvation Army, and Tinder. Amir Orad,...
Read More »Appalling Boeing Employee Messages Suggest 737 Max Was Doomed to Fail
Boeing released several internal messages with company employees expressing their unease with the 737 Max. They discussed the problems existing in the flight simulators used to train pilots on the new jetliner while attempting to avoid extensive regulatory scrutiny of the plane. One company pilot told their colleague in 2016:“This airplane is designed by clowns, who, in turn, are supervised by monkeys.”The company had already given the documents to lawmakers with the U.S. Federal Aviation...
Read More »Bitcoin Price to Rise above $20,000 in 2020 due to This Reason, Says BitPay’s Sonny Singh
If there’s one thing that is absolutely sure about the general Bitcoin community, it’s the bullishness. BitPay Chief Commercial Officer Sonny Singh has now added to this bullishness with a $20,000 Bitcoin prediction for 2020. Singh has joined a long list of industry enthusiasts who believe the sky is only the beginning for the world’s king coin.$20,000 Prediction for Bitcoin in 2020In a recent conversation with Bloomberg’s Taylor Riggs which took place on Wednesday, Singh spoke quite...
Read More »Kik Requires Trial with SEC over the Sale of Kin Tokens
Kik, a Canadian company behind a freeware instant messaging mobile app, has long been involved in a battle with the U.S. Securities and Exchange Commission (SEC) over the enforcement action against Kin token offering in 2017. Now Kik requires trial with the SEC in order to put a legal end to this story.On Thursday, the SEC updated the status of the case and provided a schedule for further proceedings. According to the document, yesterday, on January 9, the parties took a total of 11...
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