Thai National Tech Development Center to Introduce Blockchain in Voting

The National Electronics and Computer Technology Center (NECTEC) of Thailand has developed blockchain technology for e-voting, the Bangkok Post reports on Jan. 2. NECTEC is a statutory government organization that operates under the purview of the National Science and Technology Development Agency and the Ministry of Science and Technology. The organization chiefly promotes the development of computing, electronics, IT and telecommunications. The technology reportedly can be deployed in tandem with traditional voting as Thais become more technologically literate. According to NECTEC, once 5G is eventually adopted, all votes will be…

Indian Police Warn Public Against Investing in Cryptocurrencies

The police of the Indian state of Jammu and Kashmir have issued a public statement, warning the public against investing in cryptocurrencies, local business news daily the Business Standard reported on Jan. 2. Police reportedly warned the public against the “heightened risk” of investments like Bitcoin (BTC) and reminded investors that cryptocurrencies are not sanctioned by the government. The Business Standard quoted the branch’s inspector general as saying: “The general public is informed not to make any type of investment in cryptocurrencies, virtual currencies such as Bitcoin because there is…

Ethereum Price Analysis: ETH’s Bullish Extension Above $150

Key Highlights ETH price climbed higher sharply and broke the $150 resistance area against the US Dollar. There is a short term bullish flag pattern formed with support at $150 on the hourly chart of ETH/USD (data feed via Kraken). The pair is gaining momentum and it may extend gains above the $155 level in the near term. Ethereum price is trading nicely against the US Dollar and bitcoin. ETH/USD is placed nicely above the $144 support and it may continue to move higher. Ethereum Price Analysis Yesterday, we discussed…

Crypto Lenders Are Cashing In on the Crypto Bear Market

Lenders in the cryptocurrency industry are reportedly weathering the recent crypto bear market better than others, Bloomberg reported on Jan. 2. According to Bloomberg, creditors that offer their services in the cryptocurrency industry are “finding strong demand from borrowers who don’t want to sell their virtual coins at depressed prices, as well as from big investors eager to borrow coins for short selling.” Bloomberg reports that revenue of the crypto lending company BlockFi has grown tenfold since June, after which Michael Novogratz’s company Galaxy Digital Ventures invested $52.5 million in…

New York Assemblyman Announces Creation of ‘First’ US Cryptocurrency Task Force

An assemblyman of the New York state (NYS) legislature announced in a Facebook post on Jan. 3 that the state will have the nation’s “first” cryptocurrency task force. In the post, Clyde Vanel, an NYS assemblyman and Chair of Subcommittee on Internet and New Technologies, stated that New York became the first state in the United States (U.S.) to create a cryptocurrency task force aimed at studying the regulation, use, and definition of digital currency. The governor Andrew Cuomo signed the bill dubbed “The Digital Currency Study Bill” into law…

The Brightest Media Burials of Bitcoin in 2018

Ten years ago, on Jan. 3, 2009, the Bitcoin (BTC) network was created. Since then, the asset’s price has famously been subject to volatility. That, along with the inceptive crypto’s focus on decentralization, have been disturbing mainstream media, which still fails to grasp and discuss the concept of Bitcoin without skepticism — hence the omnipresent headlines exclaiming its so-called death. Last year was no different in regard to the FUD (i.e., fear, uncertainty and doubt) about crypto, and Bitcoin specifically — especially considering the bear’s arrival. According to 99bitcoins, the…

New York Forms Blockchain Study Task Force, Hints at BitLicense Update

New York State is officially launching a cryptocurrency task force aimed at helping the state understand cryptocurrencies and their underlying blockchain technology. Governor Andrew Cuomo signed a bill last month creating the task force to study cryptocurrencies, other forms of digital currency and blockchain technology, according to a press release issued Wednesday by the bill’s sponsor, Assemblyman Clyde Vanel. The task force will be composed of technologists, consumers, institutional and retail investors, representatives of enterprises and academics; the members will be appointed by Cuomo, as well as the state Senate and Assembly. The…

Samsung Crypto Wallet | Is the New Wallet Rumor or Reality?

2019 is supposed to bring a lot of things, but is a Samsung crypto wallet one of them? Maybe. According to reports, the company recently filed a UK trademark for a crypto wallet.  Samsung Crypto Wallet: Rumor or Reality? On December 27th, the UK Intellectual Property Office published a filing. It details how Samsung, a South Korean electronics behemoth, has applied for a UK trademark for a crypto wallet. For those who don’t know (and according to blockgeeks.com) a cryptocurrency wallet is a software program that stores both public and…

Bitcoin Closing in Towards $4,000-Resistance in Another Upside Attempt

The bitcoin price on Wednesday showed minor upside movements as it maintained the gains made during yesterday’s session. Bitcoin Price Technical Analysis The BTC/USD exchange rate posted as much as 1.5 percent in gains during the first half of the trading session. The pair notably eyed a rally towards $4,000 but corrected ahead of establishing the said upside target, eventually falling to $3,843, its value at the time of writing. BITCOIN 1D CHART | SOURCE: COINBASE, TRADINGVIEW.COM The price action also confirmed a firm price action similar to what market…

Dark Overlord | Hacker Group Demands Bitcoin or 9/11 “Truth” Comes Out

“We’ll be providing many answers about 9/11 conspiracies through our 18,000 secret documents leak.” The group has already published a “teaser” that names law firms and gives out email addresses. It also mentions the Transport Security Administration and the Federal Aviation Administration, with promises of more to come. Those targeted are expected to pay an unspecified Bitcoin ransom. If they don’t pay up, the group claims “we’re going to bury you with this.” The Dark Overlord The Dark Overlord is a “professional adversarial threat group” that has struck many times before. The hacker group has previously hacked…