Tag Archives: News

Thailand, one of the most-visited countries in the world announced it plans to soon apply blockchain to its Electronic Visa On Arrival (eVOA).Every international traveler is pretty much aware that one of the parts of traveling means unfortunately endless forms, applications to be submitted, and countless checkpoints.Visa paperwork, customs controls, pre-boarding security checkpoints and even hotel passport controls – the same information is checked numerous times and for what? Of course, we...

Bitcoin cash price is currently correcting higher above $180 against the US Dollar.The price is facing many challenges on the upside near $188, $192 and $196.There are two key bearish trend lines forming with resistance near $188 and $196 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to struggle near the $196 level and it might resume its decline.Bitcoin cash price is showing a few positive signs above $180 against the US Dollar. However, BCH/USD must...

After this week was pretty bearish for Bitcoin, it finally turned its way upwards. Some of the merits go to the crypto derivatives platform ErisX that started with its physically settled Bitcoin futures contracts, launching only the second such product suite in the U.S. However, only after Wednesday it went above the $7,000 mark. At the time of writing, it is trading at $7,179 that came as a welcome change that brought a dash of optimism among traders and analysts.With sentiment going up and...

It has become known that Everledger, Tencent and Alrosa will sell diamonds with blockchain IDs. A blockchain startup Everledger will serve as a basis for the retail mini program which is exclusively for WeChat customers. Having one billion Chinese folks using it in everyday tasks, the app gives transparent and truthful details about different things. And now – including the luxury stones. The feature is using blockchain for traceability and transparency. Customers will be able to obtain...

During a Hedge Fund Association Conference in New York, Christine Sandler from Fidelity Investments said that a good custodian must have geographic diversity and knowledgeable staff. She noted:“To do it really well, you have to have geographic diversity, a staff that understands the underlying technology,”That means that people who can sign the multi-signature transactions across the globe, and knowledgeable of the blockchain trends. She thinks that the custodian wallet providers like...

Coin Floor – a cryptocurrency exchange licensed by the Financial Conduct Authority (FCA) in the United Kingdom – has announced that it will be turning its back on Ethereum – the world’s second largest cryptocurrency by market cap and the number one competitor to bitcoin – and removing it from its present list of available (and tradeable) cryptocurrencies.Coin Floor Says It Will Be a Bitcoin Only ExchangeAll ether-based listings will disappear starting on January third. The company says it...

Another case of cryptocurrency fraud is in the books. This time, the circumstances occurred in Oregon and resulted in the arrest of Canadian brothers Jagroop Singh Khatkar and Karanjit Singh Khatkhar.Cryptocurrency Fraud Is Growing QuicklyBoth men have pled guilty to stealing as much as $140,000 in bitcoin funds from an investor who was allegedly convinced that they were part of the cryptocurrency exchange Hit BTC. Both men impersonated the trading platform and could serve as many as two...

At press time, bitcoin isn’t doing so hot. The number one cryptocurrency by market cap is down for the count and trading in the $6,000 range.Bitcoin Still Has LoyalistsAnd yet, much like gold and other precious metals, the digital asset can’t seem to shake its followers, some of whom hold rather prominent positions in the world of finance. One such follower is 59-year-old Nassim Nicholas Taleb, the author of bestselling books like “The Black Swan” and “Fooled by Randomness.”Taleb says he’s...

Tesla stock seems to be unstoppable in the last few days. At the time of writing, the stock just hit a record high, rising 2.39% to $402.67. This puts the company close to that $420 figure that costs its CEO Elon Musk $20 million in fines with the Securities and Exchange Commission (SEC). When the stock reaches $420, Musk said Tesla will go private.Since Tesla announced a surprise profit in the third quarter, the stock has been on a rise. It finally recovered from its problems caused mostly...

Supply chain fintech startup Tradeshift Frontiers, famous for advertising more than two million companies on its platform, said it has cut the cost of cross-border transactions between buyers and suppliers utilizing public Ethereum blockchain.Last year, Tradeshift startup managed to raise $250 million in a Series E funding round led by Goldman Sachs and Public Sector Pension Investment Board (PSP Investments). That brought Tradeshift’s total funding to more than $400 million. The company...