Crypto News

Japan’s Largest Financial Information Vendor Adds NRI/IU’s Crypto-Asset Index

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Time Stamp: April 8, 2020 10:09 AM - Modified On: May 21, 2021 - Published By:
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In what could be considered a vital step for Bitcoin and institutional product and business development in Japan, QUICK, arguably the largest financial information vendor in the country, has added a crypto-asset index to its suite of products for Japan’s securities and financial markets. A press release on Wednesday revealed that QUICK is enabling support for the NRI/IU Crypto-Asset Index offered by the intelligence Unit (IU) of Nomura Research Institute, the largest Japanese management consulting and economic research firm. The new integration will allow Nomura Research Institute to offer investment

Aside From ZIL Staking Soon: Zilliqa 2.0 Already in the Works says Amrit Kumar

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Time Stamp: April 8, 2020 10:05 AM - Modified On: May 21, 2021 - Published By:
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Blockchain project, Zilliqa is still on track to launch staking on mainnet before the end of Q2, but could at the same time be moving towards the next version of the mainnet if ongoing integrations to improve the network turns out successful. In a recently concluded AMA session on Wednesday, Colin Miles, the head of marketing for Zilliqa blockchain, reiterated known facts that the current focus of the project is on rolling out staking, teasing a major announcement in the coming days. 🔊 @zilliqa AMA news:@ColinMiles : “I think the

‘Critical Security Vulnerability’ Forces Bisq Exchange to Halt Trading Service

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Time Stamp: April 8, 2020 9:23 AM - Modified On: May 21, 2021 - Published By:
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Non-custodial cryptocurrency exchange, Bisq has announced that it will temporarily halt trading service on its platform following a newly discovered security vulnerability.  Based on the development, the exchange has notified its users not to proceed with any existing transaction or send funds to any party as it could result in a loss.  The temporary halt in trading service does not stop users from overriding the key responsible for this action. However, Bisq does not support the idea as it could hamper users’ security.  “Bisq is a proper distributed peer-to-peer network. So you

UPDATE: Bisq Exchange Losses $250K to ‘Critical Security Vulnerability’ But Has Fixed

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Time Stamp: April 8, 2020 9:22 AM - Modified On: May 21, 2021 - Published By:
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Non-custodial cryptocurrency exchange, Bisq has announced that it will temporarily halt trading service on its platform following a newly discovered security vulnerability.  Based on the development, the exchange has notified its users not to proceed with any existing transaction or send funds to any party as it could result in a loss.  The temporary halt in trading service does not stop users from overriding the key responsible for this action. However, Bisq does not support the idea as it could hamper users’ security.  “Bisq is a proper distributed peer-to-peer network. So you

Number of Bitcoin Addresses With Small BTC on the Rise Since March Sell-off

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Time Stamp: April 7, 2020 10:50 AM - Modified On: May 21, 2021 - Published By:
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Despite the massive sell-off on March 12, Bitcoin (BTC) continues to record increases in the number of addresses holding small quantities of BTC, according to crypto data provider, CoinMetrics. In its “State of the Network Report,” on April 7, CoinMetrics noted that addresses holding from one billionth (1/1B) to one hundred millionths (1/100M) of the total supply of BTC increased by six percent in the last 90 days. Also, the number of addresses holding from one hundred millionths (1/100M) to one ten-millionth (1/10M) of Bitcoin total supply raised by about

Matic Network Allocates 100% of Team & Foundation Tokens to Staking in Second Token Unlock

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Time Stamp: April 7, 2020 9:27 AM - Modified On: May 21, 2021 - Published By:
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Matic Network has shared vital information on how they intend to allocate its second batch of tokens scheduled to be released later this month. According to the project, the need to provide clarity on the details of the “second token unlock” is imperative to address any future concern or confusion, while adding that the token allocation is designed to be favorable to both token holders and the entire Matic Network ecosystem.  The Matic’s token supply is to be allocated based on five distinct categories such as Teams, Advisors, Foundation, Ecosystem,

Ripple Price Analysis: XRP Resumes Uptrend, Battles Minor Resistance at $0.20

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Time Stamp: April 7, 2020 8:56 AM - Modified On: May 21, 2021 - Published By:
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On the 4 hour chart, Ripple (XRP) has broken the resistance at $0.18 and move up to the high of $0.20500. The XRP/USD trading pair has earlier fallen to the low of $0.12 in the last bearish impulse since March 12. Buyers emerged to push XRP upward to $0.18 when it was regarded as being oversold. Unfortunately, the recent upward move is facing resistance at the $0.20 price level. XRP/USD – 4 Hour Chart The resistance is caused by a historical price level. The market is testing $0.20 historical price

Deutsche Bank Places Bitcoin (BTC) at the Center of All Currencies 

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Time Stamp: April 7, 2020 8:44 AM - Modified On: May 21, 2021 - Published By:
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As the world records more than one million confirmed cases of the novel Coronavirus, the German multinational investment bank, Deutsche Bank (DB), sees a strong need for a cashless society during this pandemic time. Current Flaws With Physical Money The use of physical cash potentially poses the risk of spreading the virus, especially dirty banknotes, according to the World Health Organization (WHO). In line with the warning, the central bank of South Korea began quarantining banknotes and even went on to destroy some notes to curb the spread of COVID-19

Secure, Controllable, Decentralized Data Sharing: An Interview With bitYoga CEO Antorweep Chakravorty

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Time Stamp: April 7, 2020 7:34 AM - Modified On: May 21, 2021 - Published By:
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Beyond its primary use case of powering cryptocurrencies, there’s no denying the priceless possibilities embedded in the underlying blockchain technology.  Coinfomania recently spoke to bitYoga CEO Antorweep Chakravorty. The Norway-based startup is a member of the EU-H2020 ARTICONF project and is piloting the adoption of blockchain technology for decentralized and secure data file sharing for the next generation of internet applications. He first spoke to us about how bitYoga got started. Antorweep was an associate professor of the University of Stavanger, Norway along with co-founder, Chunming Rong who was also

PlanB: Bitcoin Needs Only $200M Monthly to Stay Above $7k Level After Halving

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Time Stamp: April 6, 2020 9:43 AM - Modified On: May 21, 2021 - Published By:
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100trillionusd, the anonymous creator of the Bitcoin stock-to-flow model has provided new evidence to support the popular opinion that the price of Bitcoin will surge in the months after its historic third halving that is now less than three weeks away. The latest research puts into perspective the amount of cash inflow that Bitcoin has needed to stay above the $7000 level since October 2017, the reward paid out to miners for verifying a block of transactions, and the total number of transactions added to the Bitcoin blockchain monthly. To

Bitcoin Price Analysis: BTC Holds Above $6,800, Targets $7,000 Overhead Resistance

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Time Stamp: April 6, 2020 8:10 AM - Modified On: May 21, 2021 - Published By:
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On April 1, the BTC/USD trading pair rebounded at its low of $6,180 to reach the high of $6,726. The following day a price spike catapulted the coin to a high of $7,283 and immediately the bears pulled back. BTC/USD – 4 Hour Chart Today, and in the last three days, Bitcoin is relatively stable above $6,800. Besides the recent price spike, there has been price rejection at the $7,000 overhead resistance. On two occasions, the bulls have made two unsuccessful attempts to break the overhead resistance. Consequently, BTC fell

Bank of Korea Launches Experimental Trial for National Cryptocurrency

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Time Stamp: April 6, 2020 5:15 AM - Modified On: May 21, 2021 - Published By:
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The central bank of South Korea has announced the launch of its Central Bank Digital Currency (CBDC) pilot project to determine the requirements of issuing a government-backed cryptocurrency in the future.  According to a report by Yonhap today, the trial which commenced last month is a 22-month program focused on the technological and legal provisions needed to launch a CBDC. The Bank of Korea (BoK) believes the possibility of issuing a CBDC in the future is slim because of the increased demand for fiat currencies, the competitive nature of the global