Day: February 12, 2020

Mastercard and Ripple’s Xpring Join Industry Group to Promote Blockchain Education

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Mastercard has joined a working group that supports blockchain education and research in universities around the world. Blockchain accelerator MouseBelt announced Tuesday it has welcomed 11 founding members into its Blockchain Education Alliance. In addition to the card network, the new members include the innovation arms of payments startup Ripple and crypto exchange Binance; and representatives from Neo, KuCoin and ethereum scaling solution Matic Network. They will join the 13 companies, including Stellar, TRON and Wanchain, that became part of the alliance when it was announced in October. The Blockchain…

Ripple (XRP) Rallies 20% To Hit $0.33 But $0.35 Region Could Be Game Changer

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Ripple rallied around 20% and it broke the key $0.3000 resistance against the US Dollar. XRP price is now approaching the $0.3400-$0.3500 resistance, where it could face a strong selling interest. Ripple price surged above $0.3000 and $0.3200 to move into an uptrend against the US dollar. The price is up close to 20% and it tested the $0.3400 resistance area. Earlier, there was a break above a major bearish trend line with resistance near $0.2460 on the daily chart of the XRP/USD pair (data source from Kraken). The main…

ChainUP Launches EXUP, An Independent Brand of Blockchain Financial Derivatives

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ChainUP has launched EXUP a new financial derivatives technology platform for digital assets to empower the blockchain financial ecosystem. 14th February, 2020, Singapore – On February 11, ChainUP, a leading global blockchain technology service provider, officially launched EXUP, an independent brand of blockchain financial derivatives, creating a new financial derivatives technology platform for digital assets. EXUP is committed to providing customers with secure, stable and efficient blockchain financial derivatives services. Its highly stable and reliable matching engine has been created to [em]power the financial ecosystem on blockchain, through a distributed…

Ethereum Rally Seems Unstoppable: Here’s Why Its Different Than Bitcoin

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Ethereum price rallied another 12% and surged above the $270 level against the US Dollar. ETH traded to a new 2020 high at $275 and it is likely to test $288 and $300 in the near term. Ethereum extended its rise above the key $260 and $270 resistance levels against the US Dollar. The bulls remain in charge and it seems like the price could soon hit $292 and $300. There is a major bullish trend line forming with support near $268 on the hourly chart of ETH/USD (data feed…

Want to Work at Amazon? You’d Be Safer in Prison

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Recent reports suggest that the injury rate at an Amazon warehouse in Texas is almost double the national incident rate. The incident rate in the Amazon warehouse in 2019 was 9.59, while the prison rate is 7.3. Crushed hands and feet, concussion, and electric shock are among the injuries suffered by staff at the Texas factory. Amazon hasn’t had it easy of late when it comes to questions over safety. The retail giant has been under scrutiny from journalists to such an extent that chief PR executive Jay Carney lashed…

Botched Iowa Caucuses Won’t Cast Shadow Over Blockchain Voting

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According to a report released on Feb. 5, a mobile software application that was devised to help calculate the total number of votes in the Iowa Democratic caucus reportedly malfunctioned, resulting in the Democratic Party having to delay its public reporting of last Monday’s results. It was also revealed that a coding issue with the software resulted in the app relaying results that were either partially incorrect or unreliable.  The application under scrutiny was designed by a relatively unknown firm called Shadow Inc. The startup was founded by Gerard Niemira…

The Epic Games CEO Wants ‘Neutral’ Gaming Platforms, but That Isn’t Possible

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The Epic Games CEO claims companies should be apolitical. Tim Sweeney’s word has power in this industry. His statements come off as ignorant. As the CEO of Epic Games, Tim Sweeney knows a thing or two about the games industry. His company built Fortnite, is successfully taking on Steam in the games distribution field, and runs one of the more powerful game development engines. It’s safe to say Sweeney’s insight can be pretty valid. At the recent DICE Summit, Sweeney commented on the state of gaming. He brought up solid…

Dow Futures Plunge After Coronavirus Cases Skyrocket To 60,000

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Dow futures dropped sharply overnight as China reported almost 15,000 increase in coronavirus cases. The leap came as a result of Hubei province making an effort to more accurately report confirmed cases of the virus. A 14th case has now been reported in the United States. Dow futures sold off sharply on Wednesday evening as a parabolic 14,840 case spike of Wuhan coronavirus in China’s Hubei province shocked financial markets. The sharp rise above 60,000 came as Hubei health officials changed the methodology it uses to diagnose the virus. Dow…

Hakim Ziyech Can Be Eden Hazard’s Belated Replacement at Chelsea

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The Blues have reportedly agreed to a fee for the transfer of the Ajax forward. Hakim Ziyech is a brilliant attacker who can both score and set up goals. The Morocco international has the ability to step into Hazard’s shoes. Few clubs endured as frustrating a January transfer window as Chelsea. The club from west London worked hard to lift a FIFA ban on registering new players. They were successful in the courtroom. But the mid-season market came and went without Frank Lampard adding to his squad. The Blues boss…

Could a Digital Dollar Compete on Privacy? Fed Chairman Powell Hints It Might

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Federal Reserve Chairman Jerome Powell has given advocates of financial privacy a glimmer of hope – and hinted at how the U.S. might competitively position a future digitized dollar. In testimony before Congress this week, Powell was asked whether the Fed had any “visibility” into China’s progress developing a central bank digital currency (CBDC). “Yes, we certainly have that,” Powell said. “But they’re in a completely different institutional context. For example, the idea of having a ledger where you know everybody’s payments, that’s not something that would be particularly attractive…