Blockchiain-Featured

Bitcoin Cash Halving in T-Minus 16 Hours, BSV to Follow

Source Node: https://cointelegraph.com/news/bitcoin-cash-halving-in-t-minus-16-hours-bsv-to-follow
Time Stamp: April 7, 2020 5:09 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Bitcoin Cash (BCH) will complete its block reward halving over the next 24 hours, with Bitcoin Satoshi’s Vision (SV) following shortly after. One of Bitcoin’s most controversial forks, Bitcoin Cash, will halve in approximately 16 hours as of press time, cutting its block reward from 12.5 BCH down to 6.25.  Bitcoin forks follow the original coin’s leadThe result of community disputes, Bitcoin’s chain split in 2017, forming two assets — BTC and BCH. Consequently, BCH comes with the same maximum coin supply and mining reward payout as its parent, BTC.After the halving,

Bobby Lee Calls For BTC to Reach All-Time High in 2020

Source Node: https://cointelegraph.com/news/bobby-lee-calls-for-btc-to-reach-all-time-high-in-2020
Time Stamp: April 7, 2020 5:04 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Crypto exchange founder, Ballet crypto wallet company CEO and founder, and member of the Bitcoin foundation’s board of directors, Bobby Lee, sees soaring prices in Bitcoin’s (BTC) future.  Lee said he expects Bitcoin to hit $10,000 by its block reward halving in May in a statement provided to Cointelegraph. The CEO also forecast a $25,000 price tag for BTC by December 2020. The halving means less inflationLee has projected positive price targets for Bitcoin on a few other occasions. In a tweet last November, the CEO predicted the asset will hit $500,000

Bitcoin Spikes by 2x in 26 Days: What’s Actually Behind the Big Rally?

Source Node: https://cointelegraph.com/news/bitcoin-spikes-by-2x-in-26-days-whats-actually-behind-the-big-rally
Time Stamp: April 7, 2020 2:33 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

The Bitcoin (BTC) price has increased by two-fold in less than a month, surging from $3,600 to over $7,350. While traders believe a combination of many factors caused the upsurge, there are three main factors that likely contributed to it.The three factors are a significant surge in spot buys, a massively overextended plunge below $4,000, and the immediate recovery of BTC to major support levels.Factor 1: Bitcoin spot buys on the riseCoinbase, Kraken, Binance, Bitfinex and other spot exchanges saw a substantial spike in buy volume following the March 13

The Crypto Industry’s ‘Bloody Friday’ Lawsuits: Do They Hold Weight?

Source Node: https://cointelegraph.com/news/the-crypto-industrys-bloody-friday-lawsuits-do-they-hold-weight
Time Stamp: April 7, 2020 1:47 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

On April 3, a massive deployment of lawsuits were filed against major crypto industry players across the globe. The eleven lawsuits were filed in the United States District Court for the Southern District of New York in what is being called “Bloody Friday” for the industry.These lawsuits are class action in nature. For those unfamiliar with the term, this means a group of people have joined together to file a lawsuit against another party. Class action lawsuits are not very popular on an international level for a number of reasons,

Investor Sues Crypto Mining Firm Riot Blockchain to Pay $728K in Legal Fees

Source Node: https://cointelegraph.com/news/investor-sues-crypto-mining-firm-riot-blockchain-to-pay-728k-in-legal-fees
Time Stamp: April 7, 2020 1:45 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

An investor sued Nasdaq-listed cryptocurrency mining firm Riot Blockchain for $728,200 that the investor owes in another contract breach lawsuit.According to court documents filed on April 3, the aforementioned sum is the money Riot Blockchain investor Barry Honig and consulting firm GRQ Consultants spent on the legal proceedings over the contracts between the parties. The filing reads:“All of the agreements contain robust indemnification provisions which require Defendant to defend and indemnify Mr. Honig and GRQ against any subsequent lawsuits or claims ‘with respect to any of the’ securities purchases that

ConsenSys Health Launches Coronavirus-related Virtual Hackathon

Source Node: https://cointelegraph.com/news/consensys-health-launches-coronavirus-related-virtual-hackathon
Time Stamp: April 7, 2020 1:31 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

ConsenSys Health announced on April 7 the launch of the “STOP COVID-19 Virtual Hackathon,” which will take place from April 13 to May 11, 2020.The initiative is sponsored by Gitcoin, Hyperledger, ConsenSys, One Million Developers and OpenMined. It aims to leverage blockchain and other technologies to facilitate data access for researchers and healthcare professionals seeking to curb the outbreak coronavirus and prevent future pandemics.The virtual hackathon also hopes to advance cohesion between life sciences and next-generation experts to develop solutions that strengthen public health without sacrificing user privacy. In the

Crypto Payment Network Partners With ID Screening Service

Source Node: https://cointelegraph.com/news/crypto-payment-network-partners-with-id-screening-service
Time Stamp: April 7, 2020 12:47 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Cryptocurrency network TemTum is partnering with identity verification service Shufti Pro to provide Anti-Money Laundering (AML) and Know Your Customer (KYC) screening services for its customers.As part of the partnership announced on April 7, Shufti Pro will verify TemTum clients'  KYC data including date of birth, addresses, names, document numbers, document issue dates and expiration dates.EU’s 5th Anti-Money Laundering Initiative ComplianceThe partnership follows the adoption of the European Union's Fifth Anti-Money Laundering Initiative (5AMLD), which introduces new and, in some cases, tightened KYC measures on financial platforms — including cryptocurrency

Crypto Conference Attendees Prepare to Enter a 3D Virtual World

Source Node: https://cointelegraph.com/news/crypto-conference-attendees-prepare-to-enter-a-3d-virtual-world
Time Stamp: April 7, 2020 12:33 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Blockchain and cryptocurrency enthusiasts have found new ways to come together amid the global coronavirus lockdown. A crypto conference called BlockDown 2020 is scheduled to take place in the virtual realm this month, with big name personalities from the blockchain community set to appear as digital 3D avatars.Notable attendees on the docket include Binance founder and CEO Changpeng Zhao, Stellar co-founder Jed McCaleb, and NEO founder Da Hongfei. Also appearing will be Roger Ver, executive chairman of Bitcoin.com, and Erik Voorhees, CEO and founder of Shapeshift.Musician-turned-crypto-innovator Akon will headline the

P2P Protocol Aims to Simplify Crypto Wallet Transactions With Domain Names

Source Node: https://cointelegraph.com/news/p2p-protocol-aims-to-simplify-crypto-wallet-transactions-with-domain-names
Time Stamp: April 7, 2020 10:58 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

A new protocol is hoping to make peer-to-peer transactions between various wallets and cryptocurrencies simpler for users.FIO Protocol, which launched its mainnet chain on March 26, provides users with interoperable domain names instead of alphanumeric blockchain addresses.An acronym for the “Foundation For Interwallet Operability,” the FIO protocol is live on Trust Wallet and is in the process of integrating with several popular wallet providers — including Bitcoin.com, Edge, Enjin, Coinomi and Atomic.Rather than integrating directly with blockchains, the project offers a decentralized and open-source “usability layer” that integrates with services

NFT Floodgates Open With Impressive Lineup of Blockchain Games in 2020

Source Node: https://cointelegraph.com/news/nft-floodgates-open-with-impressive-lineup-of-blockchain-games-in-2020
Time Stamp: April 7, 2020 10:50 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Blockchain in the gaming industry is one of the space’s hot topics of 2019. This year is catching the interest of both young independent developers and large corporations. Conferences and hackathons are periodically held around the world for developers to search for new ideas for integrating blockchain into games.The main advantages of blockchain are its decentralization and open-source nature, which can significantly change the gaming market. The technology is taking trust between developers and players to a new level, and users can now own and freely exchange in-game assets without

Streamr to Offer Binance’s Real-Time Trade Feeds on Marketplace

Source Node: https://cointelegraph.com/news/streamr-to-offer-binances-real-time-trade-feeds-on-marketplace
Time Stamp: April 7, 2020 8:47 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Open-source blockchain infrastructure Streamr announced on April 7 a new integration with cryptocurrency exchange Binance, in which Streamr will offer the exchange's real-time trade feeds on its marketplace.From now on, Binance’s real-time trades and quotes data for all asset pairs will be available on Streamr, with the aim of targeting algorithmic traders.According to Streamr, traders will now be able to obtain sentiment data and data from other markets via a single technical integration.Motivations behind the partnershipSpeaking with Cointelegraph, Henri Pihkala, co-founder and CEO of Streamr, said that with crypto exchanges serving