Tag Archives: News

Cybersecurity firm Chainalysis is unveiling its new compliance platform for Bitfinex, one of the world’s leading and most popular cryptocurrency exchanges.Chainalysis and Bitfinex Working TogetherThe platform is designed to detect money laundering before it can occur and monitor any illicit activity that some customers may be looking to perform with cryptocurrency’s help. White-collar crimes like these have long been serious concerns of politicians like those in the United States...

The VeChain Hack announced by the Foundation Medium official page. It claims that the hacker took around 1.1 billion tokens (~$6,500,000) and transferred them onto this address. The coins associated with the hacker were marked on the VeChainStats website. Anytime the hacker will transfer the coins, the website will update the labels.VeChain Foundation is Tracing the CoinsAccording to the short report, VeChain is using special software to track the coins. They have sent notifications to many...

In an ongoing report, Bank of America (BoA) said that Ripple’s cross-border presentation was innovative and praised it. As a fan of XRP, known under the online nickname BankXRP, pointed out on Twitter,  BoA commended Ripple on the deposits of transitional payments.Bank of America : Ripple cross‐border solution Ripple’s distributed ledger solution remedies legacy correspondent banking infrastructure challenges and provides bi‐directional messaging to enhance payment tracking, data...

Ross Ulbricht – the man who’s serving a life sentence for developing the notorious black marketplace Silk Road – is writing letters from prison and trying to guess where bitcoin’s price will head within the next year.Ulbricht Tries to Tell Us Where BTC Will GoAccording to Ulbricht’s latest letter, the world’s primary digital currency by market cap is set to reach $100,000 by the year 2020. Thus, he now joins figures such as Charles Hoskinson, Tim Draper and John McAfee to believe that the...

Last month, telecommunications giant AT&T announced that it will make its 5G service accessible to millions of customers before 2019 runs out. The company initially said that five areas will get the coverage when it eventually goes live. AT&T has however changed its mind and increased the number of areas from 5 to 10.Starting today, the next-generation network will be available to everyone in Birmingham, Indianapolis, Los Angeles, Milwaukee, Pittsburgh, Providence, Rochester, San...

Blockchain penetration in gaming continues to grow as we have two other industry giants joining hands. Semiconductor giant AMD, known for its popular x86 microprocessors, has joined hands with Estonia-based gaming platform Ultra.This strategic partnership is reportedly a part of a common mission of democratizing the gaming industry for players and developers alike. Speaking on this matter, Joerg Roskowetz, Head of Blockchain Technology of AMD, said:“AMD is excited about the use of blockchain...

Microsoft has officially revealed a few details about the new next-generation Xbox model, the Xbox Series X. During the recent Game Awards, the company officially announced the name and the design for the console, with some information but not as much as gamers and analysts would have preferred.From pictures, gamers should expect the Xbox Series X design to look next to nothing like previous Xbox consoles. Regardless, Phil Spencer, the current executive vice-president of Gaming at Microsoft...

European Central Bank’s head (and former International Monetary Fund’s head) Christine Lagarde said that the stablecoins market is gaining momentum and the officials need to keep up with changes:“My personal conviction is that giving the developments we are seeing, not so much in the bitcoin segment, but in the stablecoins projects. And we only know of one at the moment but there are others, being explored and underway at the moment. We’d better be ahead of the curve if that happens. Because...

In what has been seen by many to be a resurgence of the crypto space, decentralized virtual private network project Orchid (OXT) is set to be launched on the Coinbase professional platform – Coinbase Pro. Sources indicated that the ERC 20 based token will be introduced in phases to the platform. A blog post on the premier cryptocurrency exchange’s website indicates that support for OXT will be made available to all clients of the exchange in the supported jurisdictions except the state of New...

The investors in tech stock were pretty concerned this week since the infamous date of December 15 was approaching.However, now they can relax a bit since on Thursday United States President Donald Trump signed off on a so-called phase one trade deal with China, averting the December 15 introduction of a new wave of U.S. tariffs on approximately $160 billion in consumer goods from Asia.The deal presented to Trump by trade advisers Thursday included a promise by the Chinese to buy more...