Microsoft email hack appears to be worse than initially thought as hackers may have accessed victims’ crypto wallets and exchange accounts Author: Cointelegraph By Kollen Post Source link
By CCN: In 2008, at least 54,000 Chinese babies suffered after ingesting formula that had been contaminated. Demand for safe products has grown year over year, every year, since then. Companies like blockchain-centric Techrock have capitalized on this market by finding unique solutions to the authenticity problem. Techrock uses the blockchain to track every step of a product’s lifecycle and rewards consumers for verifying it through their mobile phones. Chinese Consumers Increasingly Willing to Pay a Premium for Authentic Imported Food In China, it is reportedly difficult to get authentic…
A cryptocurrency venture under construction in Dubai has reportedly been put on hold. British Baroness and multi-million dollar crypto entrepreneur, Michelle Mone, had begun a real estate project called Aston Plaza, which broke ground in 2017. However, citing government inspectors to the site, the project has stopped at only 25% completion. Aston Plaza The $325 million project consisted of two complexes making up 1,300 luxury apartments. At least 150 of those were planned to be sold in Bitcoin. This was the first major development of this size to be available…
The crypto world has continued to grow each passing day, and the industry is closer to global crypto adoption judging from the events and developments of the last week of April. Crypto Adoption: Russia Opens Four Regions The Russian Federation has indicated that it is opening four regions in the country to test cryptocurrency. This is a significant milestone towards crypto adoption around the world. The Federation will test crypto innovations in regions that are not under the purview of the current regulations. A bill drafted by the Economy Ministry of…
By CCN.com: According to a Bloomberg report, billionaire investor Mike Novogratz’s Galaxy Digital Holding Ltd. lost more than $272 million in 2018 amidst an intense crypto bear market. From January to December 2018, the valuation of the crypto market dropped from $813 billion to $113 billion by 86 percent as the bitcoin price crashed from its peak at $20,000 to $3,150. Although the valuation of the crypto market has slightly recovered in Q1, it remains down substantially in the past year (source: coinmarketcap.com) Since December, within a five-month span, the…
Bitcoin prices may slide below $5,000 To protect investors, an Indian government official suggests banning of cryptocurrencies An Indian official believes cryptos including Bitcoin are Ponzi schemes that the country’s regulator should ban. That is despite the acceptance in Japan and other governments taxing the asset like any other commodity. Even so, Bitcoin (BTC) is under pressure and risk dropping below $5,000. Bitcoin Price Analysis Fundamentals Well, after last week’s debate about BitFinex, USDT and the NY OAG suing iFinex, exchanges are yet to recover. There is a premium of…
By CCN: Bitcoin Investment Trust (GBTC), described as “the first publicly quoted securities solely invested in and deriving value from the price of bitcoin” is an investment vehicle that enables investors in the public market to purchase bitcoin in a regulated and protected environment. Why These Crypto Investors Are Buying Bitcoin at $6,179 a Pop GBTC is the closest investment vehicle to an exchange-traded fund (ETF) in the sense that it enables investors to invest in bitcoin without having to worry about storing or safekeeping the dominant cryptocurrency. Traded on…
New York-based online brokerage firm E-Trade Financial Corp. has plans to launch trading services for digital assets, Bloomberg reports. Bitcoin and ether will be the first assets to be supported by E-Trade’s crypto trading service, but the firm has plans to list other assets in the future. This announcement comes on the heels of a report that TD Ameritrade is testing crypto trading on its platform. A tweet by New York Times reporter Nathaniel Popper suggests that E-Trade is bowing to the pressure of its competitors, as a deluge of…
IOTA prices surge 14.6 percent Partnership with Jaguar means rewarding drivers in IOTA, boosting adoption Jaguar announcement did stimulate IOTA bulls. At spot rates, IOTA is up 14.6 percent complete with high volumes, three times the average. Even so, IOTA is technically bullish after late Dec 2018 events thrusting prices above a seven-month resistance trend line. IOTA Price Analysis Fundamentals There is a re-awakening and leading the charts is IOTA, a coin whose founders say will power the world of IoT. However, it has not been like this. Before this…
Singapore-based exchange conglomerate Huobi Group has a unique growth strategy for emerging markets: partner with local entities and then split the profits 50/50. Revealed exclusively to CoinDesk, the South African exchange HIZA will launch in May and join a cohort of 150 platforms under the Huobi Cloud umbrella, according to Huobi Group’s senior business director David Chen. “We will help them get their trading volume up and we’ll expand our business when the market is more mature,” Chen said, adding that up to 80 like-minded partnerships are currently in the…