August 30, 2019

China’s Media Rubbishes Rumors, Says China’s Cryptocurrency isn’t about to Launch

China has rubbished reports going rounds in a section of the media that its Central Bank Digital Currency (CBDC) is all set for a launch after nearly half a decade of thorough research and development. A Chinese state-owned media outlet “The Global Times” took to Twitter to deny a widely-circulated Forbes report that the People’s...
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Blockchain Is Leveraging VR Tech to Its Natural Position

When Facebook bought Oculus Rift in 2014, it seemed to be only a matter of time before the virtual reality (VR) revolution would hit. However, that initial promise from five years ago is now something of an anticlimax. One writer for tech site CNet came away from this year’s consumer electronics show describing how “VR...
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Litecoin is going to Launch its Debit Card in the UK in Q4 of 2019

Litecoin Foundation has tweeted to inform the Litecoin community about its upcoming debit card called Block card in a partnership with Ternio and Bibox; and commented on its accessibility that through this card, you can pay to anyone, anywhere and anytime. Litecoin Updates the Debit Card The Foundation of LTC announced recently that they are...
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Aragon CEO: DAOs Are Back, And Libra Is “Bullshit”

Luis Cuende is not impressed with Libra, or other corporate efforts to enter the world of cryptocurrency. “[T]his is bullshit,” he says. “I didn’t get into crypto because I wanted to work for Facebook.” Cuende leans forward in his chair and stares intently. “I’d rather crypto doesn’t go mainstream than give up on my values,”...
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What’s Being Built – and What’s Not – on 2019’s Smart Contract Blockchains

Has anyone checked in with EOS lately, to see how it’s doing? How about Tezos – any signs of life there? In mid 2017, two of the largest token sales in history birthed two smart contracting platforms that promised to topple Ethereum and usher in an era of fast and low-cost value transfer with dApps...
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Best Job Ever? Get PAID to Pig Out at NFL Stadiums & Watch Football

One sports betting site just poste the BEST job listing ever: NFL food tester. That’s right, you’ll get paid to pig out and watch football. | Source: Joe Robbins / Getty Images / AFP The best jobs in the NFL are the ones where you earn a paycheck without risking catastrophic brain damage: general manager,...
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The Game of the Day: The Latest of Generous Offers by 1xBit

1xBit has always taken pride in its desire to amuse the registered users with an incessant flow of amazing bonuses and offers. Brace yourselves for a brand new specialty called the Game of the Day which will feature seven of the best video slot machines by 1xBit’s devoted provider – Playson. All participants get a...
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XRP rides the bulls for now, but a bear attack seem inevitable

With a circulating supply of 42,932,866,967 XRP and a market cap of $10,995,406,740 at press time, XRP is just recovering from revisiting its lowest value in quite some time. Looking at the 1 hour chart for XRP, a diamond pattern alongside the MACD indicator suggests a short period of stabilization moving into an upwards breakout...
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Chinese State Media DENIES Forbes ‘Scoop’ of State Crypto Launch

China is not launching a central bank-backed crypto in November, says China’s state media outlet the Global Times. | Source: REUTERS / Dado Ruvic China is not launching a central bank-backed crypto in November. That’s what Chinese state media outlet the Global Times said, in refuting a Forbes report. Central bank calls report ‘inaccurate speculation’...
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Epic Games Lures Players with Free Game Tactic

Epic Games is knee-deep in a cleverly orchestrated campaign for the hearts and minds of gamers – weekly free games on the Epic Games Store. | Source: Shutterstock While much of the press coverage dedicated to Epic Games focuses on the ethical merits of tempting developers with lucrative deals and community backlash to exclusivity, the...
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Switzerland’s Largest Retailer To Track Groceries On TE-FOOD Blockchain

If you live in Switzerland, blockchain technology could become part of your next shopping trip. Migros, the largest Swiss retailer, is implementing a “blockchain-based traceability system” to trace fresh ingredients. The new system will help the company keep track of its supply chain, tracking fruit and vegetables from from suppliers to the grocery store counter.  ...
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Supermarket Chain Migros Implements Blockchain-Based Food Traceability

Switzerland’s largest supermarket chain and retailer, Migros is turning to blockchain to keep tabs on its supply chain for food. Migros announced the implementation of TE-Food’s blockchain-based food traceability system, Aug. 29. Whilst many retailers are incorporating such systems to provide transparent information to customers, Migros is looking to the technology to optimize processes and...
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Telegram’s Blockchain Will Be Compatible With Ethereum: Source

Telegram’s new blockchain project will be compatible with ethereum, according to a tech startup building tools for the network. The messaging company is expected to release the code to run a node on the Telegram Open Network (TON) on Sunday, allowing users to trial its project in advance of the project’s expected mainnet launch on...
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Bitcoin Integrated into Samsung Blockchain Wallet

Bitcoin (BTC) functionality was officially integrated into Samsung S10 models, with the features currently being available in a few countries. Tech giant Samsung has completed the integration of Bitcoin into its Blockchain Keystore Software Development Kit (SDK). The newest Galaxy Note 10 will also have the new feature. The announcement for the feature was officially...
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NEO, Zcash, and Dash Cryptocurrency Price Analysis and Prediction for August 30th

NEO Price Analysis (NEO/USD) On today’s intraday chart, NEO/USD has noted a remarkable downside move with a strong bearish trend line formed that also signaled a bearish bias. NEO’s price tumbled from where it began the session at $9.5713 to where is presently trading at $8.6780. Additionally, the moving averages also suggested the downtrend since...
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Cardano Price Embarks Recovery; ADA Touches $0.044

Cardano (ADA) was seen taking a deep dig in the last couple of days. The same bothered the traders as ADA is among the few coins in the market that were moving against the market trend. Well, the traders can now take a sigh of relief. ADA is once again moving up on the chart....
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Here’s Why Ethereum (ETH) Could Rise Substantially

Ethereum could start rallying to the upside in the coming days, according to a textbook technical indicator.Prominent market analyst Jonny Moe noted Ethereum trending inside a Falling Wedge pattern, confirmed by converging trend lines, forming lower highs and lower lows. The ETH/USD instrument is about to reach the apex of Wedge which, according to the...
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Pantera Capital: Bitcoin’s 8-Year-Compound Annual Growth Rate is Massive

Cryptocurrencies like Bitcoin represent a new asset class that has the lowest correlation to traditional assets, as well as one the best annual performance records. This is the conclusion of blockchain-oriented hedge fund Pantera Capital, which recommends investors to diversify portfolios by allocating a share of it to cryptos. Bitcoin Has Almost No Correction to...
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Germany’s Bitwala Launches All-In-One Mobile Bitcoin Bank App

Bitwala launches smartphone banking with integrated Bitcoin wallet and trading for 30 European countries
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Vulnerabilities Found in Bitcoin Lighting Network

Several Bitcoin Lightning Network projects have been found to carry vulnerabilities that can potentially cause the loss of crypto funds for their users. Projects that are running Lightning Network nodes have received instructions to upgrade their clients as soon as they can. This warning is also applied to those using the popular Éclair crypto wallet....
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Norway unveils energy-positive building showcasing smart city potential

A new office building being unveiled today in Norway follows a template that its partners hope will spark greater momentum for a smart city movement designed to slow climate change. Powerhouse Brattørkaia will be the latest and biggest energy-positive building in Norway. Located in the city of Trondheim, which has already been recognized as one...
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Kleiman Files — Craig Wright Controversy Gets Complicated

U.S. Judge Bruce Reinhat has directed Craig Wright to pay his former associate’s kin a little over 500K BTC. Will Wright transfer the crypto?
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Litecoin Price Analysis: LTC Creates At 20-Month Low Against BTC, Is The Pain Over?

Litecoin has been dragged through the mud recently after suffering a 13.55% price decline over the past week. This brought its price to $63.93 as it broke beneath a long-term rising support line. Litecoin has now dropped by a substantial 33% in the past 30 days alone as investors wonder how long this could possibly...
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Dharma clarifies its relationship with Xpring; says it’s not actively working on XRP-related projects

San Francisco-based crypto-lending and borrowing firm, Dharma, has clarified that it is not working actively on any projects related to XRP. The question arose on Twitter after the firm announcing its closed beta for Dharma version 2. While addressing the controversy surrounding the alleged case of “XRP dumping,” Ripple CEO Brad Garlinghouse had previously stated...
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Dash DASH / USD Price Analysis: Uncertain Direction

The four-hour and daily time frames show that Dash is now technically oversold Technical analysis highlights substantial amounts of positive MACD price divergence Dash has fallen to its lowest trading level since March 8th this year, as the popular cryptocurrency has been on a virtual one-way decline since peaking around late June. The Dash /...
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Canadian Police Warn Bitcoin Users About New Bitcoin Scam

A new scam related to Bitcoin ATM has come into our notice. Winnipeg authorities identified a fraudulent scheme that tricks gullible victims into sending Bitcoin to a different address. Scammers post an Out of Order message on ATM. The message says that ATM software is under development. It further warns the user not to deposit...
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BXB Exchange CEO, Kwun Phite Consunji Lock Responds to AWS Collapse

In response to the AWS collapse, BXB Exchange CEO, Kwun Phite Consunji Lock, was very critical about it stating, “Exchanges need to think more about security and look past the so called cloud servers that can put users data in jeopardy”. On August 23rd, numerous cryptocurrency exchanges collapsed due to the failure of Amazon’s web...
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Cryptojacking Campaigns Rose 29% in Q1, McAfee Says

In the first quarter of 2019, cryptojacking campaigns aimed at victims’ PCs to mine cryptocurrencies rose 29%, according to a recent report by security software provider McAfee. Hackers Target Windows PCs to Mine Monero The antivirus maker founded by crypto fan John McAfee discovered that both Windows and Apple ecosystems are equally vulnerable to cryptojacking...
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Ethereum Price Prediction and Analysis for August 30th: ETH Keeps Selling

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex ETH keeps declining, trading at $169.03 this Thursday. Ethereum in technological deadlock; Buterin does not agree. Istanbul update postponed till November at least. Technical Analysis Looking at the Ethereum on the weekly timeframe, we may see that after the correctional growth to 38.2% Fibo, the quotations are developing...
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Billionaire Investor Alan Howard’s Firm to Launch $1bn Crypto Fund

A firm backed by billionaire investor Alan Howard is planning to start a crypto fund worth a billion dollars.Financial Times reported that London-based Elwood Asset Management is working on a venture that would design cryptocurrency portfolios for institutional investors. The financial news service cited Elwood’s chief executive Bin Ren who said their platform would ensure...
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Bitcoin (BTC) $ 95,480.58 1.64%
Ethereum (ETH) $ 3,283.68 1.32%
Tether (USDT) $ 1.00 0.11%
XRP (XRP) $ 2.20 1.42%
BNB (BNB) $ 648.77 1.69%
Solana (SOL) $ 180.98 0.06%
Dogecoin (DOGE) $ 0.312031 3.00%
USDC (USDC) $ 1.00 0.12%
Lido Staked Ether (STETH) $ 3,276.59 1.35%
Cardano (ADA) $ 0.884148 2.03%