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Crypto News Roundup for March 5, 2020.
South Korea passes a milestone regulation to restructure exchanges, Ethereum finds itself at a critical make-or-break point, and Bitcoin continues to test the next resistance at $9,150 — all these and more in today’s BeInCrypto daily news roundup for March 5. origin »
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Following India’s Crypto Thaw, WRX and MATIC Surge.
After India’s Supreme Court lifted the ban on crypto trading two days ago, MATIC and WazirX tokens enjoyed significant jumps in price and volume. Supreme Court’s Declaration Changes Indian Crypto...The post Following India’s Crypto Thaw, WRX and MATIC Surge appeared first on Crypto Briefing. origin »
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Ethereum Could be a Stone’s Throw Away From $500 if it Breaks This Trendline.
Ethereum has been able to post some decent gains today, with its latest rally coming close on the heels of Bitcoin’s surge past $9,000. This momentum has allowed ETH to climb into the $230 region, although it has slightly underperformed BTC over the past 24-hours. origin »
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Clearview AI Lawyer Tor Ekeland Says Your Face Is Public Property.
Tor Ekeland made a career of defending hackers. Now he's defending a hacker's trove: a company with three billion images in its database. origin »
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Tezos Surges After Successful “Carthage” Protocol Upgrade.
Tezos successfully voted-in and implemented the network upgrade “Carthage,” causing XTZ to surge 13%. The upgrade fixes several issues from the last version of the protocol. The Tezos network has...The post Tezos Surges After Successful “Carthage” Protocol Upgrade appeared first on Crypto Briefing. origin »
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Ethereum’s ProgPoW Debate Is About Much More Than Mining.
The debate over ProgPoW has become a flashpoint for how Ethereum makes big decisions. origin »
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Here’s Why Analysts Are Bullish On Bitcoin After $9,000 Retake.
After falling as low as $8,400 on the weekend, Bitcoin has mounted a strong recovery over the past few days. Just recently, the cryptocurrency breached $9,000 for the first time in days, now trading at $9,130 as of the time of this article’s writing (TradingView chart can be seen below illustrating this price action). origin »
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Zabo Raises $2.5M From Moonshots Capital, Tezos To Bring Crypto Into The Mainstream.
The crypto software company Zabo, which claims to directly connect bank accounts and crypto wallets, has just raised $2. 5 million in funding so that it can start adding new customers and building its engineering team. origin »
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Malta-Based Trident Crypto Fund Compromised; Data of 266,000 Users Leaked.
According to a report published by Russian media outlet Izvestia on March 5, 2020, Maltese Trident Crypto Fund has suffered a major data leak which is speculated to have compromised personal data of over 266,000 users registered with the platform. origin »
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Web3 Foundation Is Funding a Project To Bring Bitcoin to Polkadot Via BTC-Parachain.
The non-profit organization behind Polkadot, which is the Web3 Foundation, has decided to finance a new bridge that links the blockchain Polkadot network to Bitcoin (BTC). The London-based developer company Interlay is going to be funded by Web3 and build a BTC Parachain that brings BTC-backed assets onto the Polkadot network. The parachain will use […] origin »
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South Korean National Assembly Passing Of Two Amendments, Making Crypto Legal.
First, it was India, now South Korea has taken a positive step towards cryptocurrencies. The recent amendment of the Act on Reporting and Use of Specific Financial Information passed today during a session of the National Assembly, which officially allows crypto trading and holding. origin »
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Bitcoin Fever Ahead of Halving, NY Power Plant Mines $50K BTC Daily With Surplus Electricity.
Since Bitcoin (BTC) value peaked at $20,000 during the 2017 bull market and became the best performing asset of the last decade, everyone has wanted a [digital] piece of it. It's unsurprising, though, especially when since its value has increased. origin »
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BitGo Rolls Out Lending Services to Institutional Investors; 15 Digital Assets Supported.
One of the oldest and largest digital assets custodians, BitGo, has decided to start lending out Bitcoin (BTC) and other cryptocurrencies to big investors. The announcement was made on Thursday. BitGo was founded in 2013 by Mike Belshe, its current CEO. origin »
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How the Bitcoin Market Changed Since 2017’s Bull Run.
Regulation-friendly infrastructure makes 2020's bitcoin market stand out from the Wild West of 2017. origin »
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Zigmabit Launches New Cutting-Edge Endothermic Cryptocurrency Mining Rigs.
Zigmabit’s New Endothermic Cryptocurrency Mining Rigs Make Industrial Scale Hardware Suitable for Use In Residences and Small Business Locations Thanks to Superior Cooling Systems and Low Noise Operation. origin »
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Ethereum’s Top 100 Holders Are Beginning to Accumulate Again.
The top 100 holders of Ethereum have been buying more and more. The ongoing accumulation is a positive indicator that expectations are high. When it comes to cryptocurrencies, it is often useful to look at the movements of top wallets. origin »
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SEC Proposes Amendment for Easier Fundraising.
The SEC announced a proposed set of amendments that would make it easier for companies to raise money. The amendments would increase the amount companies could raise through exemptions and...The post SEC Proposes Amendment for Easier Fundraising appeared first on Crypto Briefing. origin »
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New Chrome Extension Grants Access to Blockchain Domains.
Blockchain domains are somewhat of an interesting trend worth keeping an eye on. Now that Unstoppable Domains is accessible through Chrome and Brave, that situation could get very interesting. There are many benefits to using blockchain domains over their traditional counterparts. origin »
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ICX Pumps After Positive Vibes From South Korea.
The ICX price has been trading in a range since Feb. 6. It reached the bottom of the range on Feb. 26 and began an upward move toward the range high. On March 5, the price created a massive bullish engulfing candlestick. origin »
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Coronavirus Drug Could Cost 750% More Than a Flu Shot.
A potential coronavirus treatment developed by Gilead Sciences could cost up to 750% more than a flu vaccine. This could constrain containment. The post Coronavirus Drug Could Cost 750% More Than a Flu Shot appeared first on CCN.com origin »
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Robinhood Suffers Persistent Outages, Reimburses Traders a Measly $15.
Robinhood experienced massive outages for two days straight, which left traders unable to trade their stocks. Users are being offered just $15 for the inconvenience. Robinhood is among the most popular apps for trading stocks and is steadily expanding its presence in the cryptocurrency market. origin »
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Can NEO 3.0 Improve Upon the Current dApp Problems?.
Building a blockchain ecosystem capable of supporting dApps is one thing. Getting developers to build dApp solutions which people keep using, is seemingly difficult for NEO. Similar to other ecosystems, the NEO blockchain is home to quite a few different distributed applications. origin »
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Foul Play? OKEx CEO Blames Competing Crypto Platforms for Recent DDoS Attacks.
This past Friday, top cryptocurrency trading platforms Bitfinex and OKEx were both subjected to malicious Distributed Denial-of-Service attacks (DDoS) aimed at disrupting the platforms’ operational efficiency by overwhelming the targeted servers with a flood of fraudulent traffic. origin »
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Bitso and Ripple Are Delivering Friction-Free Exchange Across Latin America.
In 2014, the founders of Bitso believed that blockchain technology and digital assets could boost financial access for Latin America’s large underbanked population. A major step in achieving this vision came when the company partnered with Ripple to deliver instant and cost-effective cross-border payments for Mexican businesses and retail customers. origin »
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As ETH Market Sentiment Changes, Top 100 Ethereum Holders Are Increasing Their Stake.
Since the Ethereum (ETH) price has been consolidating in the last 2 weeks, the top 100 ETH holders have had their accumulation of ETH coins increasing, says the on-chain metric provider Santiment. Per a Santiment’s report, the first 100 Ether wallet addresses has accumulated higher percentages of the entire ETH supply in spite of the […] origin »
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XRP Price Continually Fails at $0.24: Here’s Why This Level is So Important.
Ever since tapping multi-week lows on the weekend, the crypto market has embarked on a recovery. XRP, having traded as low as $0. 22 last week is now at $0. 241, rallying alongside Bitcoin, which has retaken $9,000 as of the time of this article’s writing, per data from CoinMarketCap. origin »
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Bitcoin’s Bullish Cycle Returns In Full Force As Market Pundit Projects $100k BTC Price.
Another bullish forecast for Bitcoin has been unveiled as its price draws closer to $10k after surging above $9,000. According to popular crypto analyst Willy Woo, Bitcoin’s bull market has already begun and before it is over, he believes that the king coin will hit $135,000. origin »
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South Korea Remittance Firm, Coinone Transfer, Attributes 50% Monthly Growth to RippleNet.
Coinone began product development on RippleNet back in 2018; immediately after South Korea lifted a ban which earlier sidelined non-bank institutions. With new rules in place, Coinone aimed at using Ripple’s blockchain to tap into the S. origin »
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XRP Aims for New Yearly Highs Despite Mounting Uncertainty.
The controversy around Ripple’s XRP token continues to unravel with the company incentivizing its partners to use its cross-border payment solutions consequently flooding the token’s market supply. origin »
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U.K.: FCA Says BitMex Not Authorized in the Nation, Warns Residents .
The Financial Conduct Authority (FCA) has warned citizens to be wary of BitMex, a Hong Kong-based crypto exchange and derivative trading platform, as the firm is not authorized to operate in the United Kingdom, according to a statement on March 3, 2020. origin »
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Kawbet: An Innovative Bitcoin Casino and Sportsbook Transforms the Betting Space with Fast Withdrawals and More.
Kawbet, a newly launched bitcoin-powered betting platform is poised to revolutionize the sports betting and casino ecosystem with a plethora of innovative services including fast withdrawals, anonymity, lucrative affiliate program, and more. origin »
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ConsenSys, Microsoft, EY Launch Privacy-Protecting Blockchain Protocol .
ConsenSys, a firm focused on solving real-world problems with the Ethereum blockchain, has joined forces with Microsoft and Ernst & Young to roll out Baseline Protocol, an innovative solution that makes it easier for enterprises to use the public Ethereum distributed ledger technology (DLT) mainnet without having to bother about privacy issues, according to aRead MoreRead More. origin »
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Bitcoin Prints Bullish Price Pattern With Move Above $9K.
Bitcoin's bulls look to have established a secure foothold above $9,000, confirming a bullish inverse head-and-shoulders breakout. origin »
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Nike, Macy’s Run Blockchain Trial With Auburn’s RFID Lab.
Blockchain might help major apparel brands from Nike to Macy’s better share their product data across the retail supply chain, according to a new white paper from Auburn University’s RFID Lab. origin »
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Bitcoin Cash Will Avoid Chain Split as Mining Tax Dies.
Bitcoin Cash is on-track to avert a chain split after a proposal that would force miners to contribute part of their earnings to BCH development loses critical support. Reality Check...The post Bitcoin Cash Will Avoid Chain Split as Mining Tax Dies appeared first on Crypto Briefing. origin »
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Bitcoin’s Market Structure is Growing Highly Bullish After Breaking Through This Level.
Bitcoin saw a notable breakout today after being caught within a prolonged bout of sideways trading over the past several days and weeks, with today’s upwards movement bolstering the cryptocurrency’s market structure. origin »
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Even At Sub $200B Market Cap, Bitcoin is A Store of Value Now: Macro Trader Dan Tapiero.
While the US stock market has been recording considerable losses despite the Federal reserve's emergency 50 basis point rate cut, investors have piled into the safe haven asset Treasuries to combat the economic impact of the deadly coronavirus (covid-19). origin »
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Another Pro-Crypto U.S. Presidential Candidate Bows Out of 2020 Race.
Bloomberg CEO and billionaire, Michael Bloomberg, who advocated clear crypto regulations, recently dropped out of the 2020 U. S. Presidential Race. Bloomberg becomes the second pro-crypto U. S. origin »
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Bitcoin News Roundup for March 5, 2020.
HTC makes a miner, gas powers a new bitcoin effort in New York, and BTC goes back up. It's the Markets Daily podcast from CoinDesk. origin »
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2020 Bitcoin Halving Will Produce Similar Results to 2012, 2016 According to PlanB’s S2F Model.
Bitcoin price is back on the move, jumping above $9,110, recording 4. 43% gains in the past 24 hours. The price is seeing much volatility as we near the reward halving. Now, only 67 days are left for the big day that will cut the mining reward from 12. origin »
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Moonshots Capital, DCG, Tezos Back $2.5M Fundraise for Crypto Software Provider.
Zabo, which claims to be able to link bank accounts to crypto wallets directly, raised $2.5 million from Moonshots Capital and other firms to build out its engineering team and customers. origin »
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Tron’s Takeover of Steemit Is Internet History Repeating Itself.
Tron's takeover of Steemit is part of a trend: the takeover of decentralized networks by companies that put their own interests ahead of their users. origin »
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Breaking: Cryptocurrency Now Fully Legal in South Korea.
In another significant development for the cryptoverse, the South Korean National Assembly has officially passed the “Act on Reporting and Use of Specific Financial Information” bill into law, making cryptocurrency trading and holding a legal activity in the nation, reports TheNewsAsia on March 5, 2020. origin »
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Bitcoiners Fire Back at Ripple CEO for Tweet: The Great Mining Spat.
Revolutionary technologies are inherently controversial. This was proven true just this week when the CEO of Ripple Labs, Brad Garlinghouse, bashed Bitcoin and Ethereum in a direct tweet, sparking discourse. origin »
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With Ripple, Coinone Transfer Expands Quickly in Newly Opened Korean Remittance Market.
Coinone Transfer is a blockchain-based financial services company in South Korea leveraging Ripple’s global network, real-time transfer capabilities and transparent transaction features to achieve hypergrowth in the newly opened Korean remittance market. origin »
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Bitcoin Stays Above $9,000 in US Trading.
The price of bitcoin broke above $9,000 on a bullish run at 9:00 UTC (4:00 a.m. EST). origin »
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Unstoppable Domains Chrome Extension Lets Users Browse Ethereum-Based Sites.
Unstoppable Domains, the censorship-resistant web developer, has released a Google Chrome extension in its bid to open up web 3.0. origin »
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Bitcoin (BTC) Bounces Back Above $9,000; Is Another Pre-Halving Rally Underway?.
After attempting to reclaim the $9,000 level a couple of times with no success, the bulls finally gained enough momentum to push the price slightly above $9K on March 5. Bitcoin (BTC) hit a local high of $9,137 a few hours ago. origin »
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Ren Announces DeFi Interoperability Alliance.
Ren, an interoperable liquidity protocol for DeFi, has announced the formation of the Ren Alliance. The Alliance is a consortium of companies and projects operating in DeFi that will help...The post Ren Announces DeFi Interoperability Alliance appeared first on Crypto Briefing. origin »
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Bitcoin Price Rises Back Above $9,100 as Bitcoin Halving Is Less Than 10,000 Blocks Away.
Coinspeaker Bitcoin Price Rises Back Above $9,100 as Bitcoin Halving Is Less Than 10,000 Blocks AwayThe Bitcoin price is rising steadily again and has crossed $9k. BTC halving is getting closer and closer with less than 10,000 blocks away. origin »
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