Siemens Joins Blockchain-Driven Energy Platform to Increase Interoperability in Industry
Nov21

Siemens Joins Blockchain-Driven Energy Platform to Increase Interoperability in Industry

German tech giant Siemens’ energy divisions join an open-source blockchain platform Energy Web Foundation. Two energy divisions of German tech giant Siemens have joined a blockchain-driven energy platform to promote the use of decentralized technologies in the sector, according to a press release published Wednesday, Nov. 21. According to Siemens, its Energy Management and Power Generation Services departments are partnering with...

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Tezos Korea Foundation Partners With Yonsei University for Blockchain Development
Nov21

Tezos Korea Foundation Partners With Yonsei University for Blockchain Development

The Tezos Korea Foundation has agreed to cooperate with a South Korean university on blockchain talents development. The South Korean branch of the Tezos Foundation has signed a Memorandum of Understanding (MoU) with Yonsei University to collaboratively work on the development of blockchain talents, says a Tezos official press release published Nov. 21. The new agreement between the Tezos Korea Foundation and Digital Society Research...

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Stellar Lumens [XLM/USD] Technical Analysis: Short-term relief imminent, but bears still in control of market
Nov21

Stellar Lumens [XLM/USD] Technical Analysis: Short-term relief imminent, but bears still in control of market

Stellar Lumens [XLM] overtook Bitcoin Cash [BCH] and gained the fourth-largest cryptocurrency temporarily while there was a squabble in the Bitcoin Cash community. XLM, in the seven-day chart, has decreased by 18.56%. The current price of XLM is $0.2021, while the market cap is at $3.87 billion. The 24-hour trading is holding steady at $128.06 million. Binance contributes 25% with trading pairs XLM/USDT and XLM/BTC. Binance is...

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Colorado State Commissioner Issues New Cease-and-Desist Orders Against Four Crypto Firms
Nov21

Colorado State Commissioner Issues New Cease-and-Desist Orders Against Four Crypto Firms

Colorado Securities Commissioner Gerald Rome has issued a new batch of cease-and-desist orders against unregistered Initial Coin Offerings (ICOs) operating in the state, taking the total number of signed orders against ICOs in Colorado to 18. Today’s orders follow last week’s order issued by the North Dakota’s financial regulators against a Russian-based ICO that promoted unregistered securities by impersonating...

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ETH Mining Not Profitable, Miner Heats Home With ASIC Rigs
Nov21

ETH Mining Not Profitable, Miner Heats Home With ASIC Rigs

In recent mining news, Susquehanna International Group has reported that it is no longer profitable to mine ether with a GPU. In other news, a Canadian miner has taken to Twitter to share photos of a system that recycles the heat generated by his six ASIC miners, while Jihan Wu has accused Craig Wright of attempting to conduct a 51 percent attack on the Bitcoin Cash network. Also Read: The Daily: BTC Spot Index Launches, Futures...

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Price Dip Aside, Paxful Anticipates Big Week of Gift Card-to-Bitcoin Trades
Nov21

Price Dip Aside, Paxful Anticipates Big Week of Gift Card-to-Bitcoin Trades

That special time of year is coming up — the time when individuals trade in their unwanted or unusable gift cards for bitcoin. And with the price of bitcoin dropping, peer-to-peer (P2P) bitcoin marketplace Paxful is making it possible to use these gift cards to “buy the dip.” Ray Youssef, Paxful’s CEO and co-founder, explained that, over the past few years, the busiest week for Paxful is the one right after Black Friday; in fact, as...

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XRP/USD Technical Analysis: Red to dominate green amidst market volatility?
Nov21

XRP/USD Technical Analysis: Red to dominate green amidst market volatility?

XRP has been switching between greens and reds on a constant basis for the past week, reflecting the high volatility in the market. At press time, the coin was down by 2%, trading at $0.44, with a market cap of $17.8 billion. The 24-hour trading volume was recorded at $1.33 billion. 1-hour XRPUSD 1-hour candlesticks | Source: tradingview In the one-hour time frame, the candlesticks are experiencing a slight uptrend from $0.43 to...

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‘Democratic for All’: New Crypto Exchange Will Be ‘100 Percent Owned By Users’
Nov21

‘Democratic for All’: New Crypto Exchange Will Be ‘100 Percent Owned By Users’

sponsored A new crypto exchange is going to be “100 percent owned” by users – with the community benefitting from voting rights and a share in profits. A hybrid community-owned digital asset exchange is hoping to simplify trades and investments while driving down the cost of transactions. DAREX’s hybrid model enables users to trade utilities and securities – and the revenue generated from these transactions is subsequently shared with...

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Crypto Mining Firm Giga Watt Files for Bankruptcy, Faces Eviction in Washington County
Nov21

Crypto Mining Firm Giga Watt Files for Bankruptcy, Faces Eviction in Washington County

A Washington-based crypto mining company has filed for bankruptcy and is facing eviction in Douglas County. Major U.S. crypto mining and blockchain firm Giga Watt has filed for bankruptcy on Monday, Nov. 19, Washington daily newspaper Wenatchee World reported yesterday, Nov. 20. The top-five crypto mining firms entrant has reportedly filed for Chapter 11 protection in the Eastern District of Washington bankruptcy court, claiming that...

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Bitcoin Cash ABC [BCHABC] will retain Bitcoin Cash [BCH] ticker as per community consensus: Coinbase
Nov21

Bitcoin Cash ABC [BCHABC] will retain Bitcoin Cash [BCH] ticker as per community consensus: Coinbase

Coinbase, on November 20, announced that the Bitcoin Cash ABC implementation will retain the ticker of Bitcoin Cash and not Bitcoin SV implementation by Craig S Wright. Coinbase, in a statement, added that the decision has come after observing the consensus in the community. Bitcoin Cash’s fork is among the most debated topics in the community last week as the hash wars ensued between Jihan Wu and Craig S Wright. Bitcoin Cash ABC...

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Bitcoin Isn’t Volatile – the World Is
Nov21

Bitcoin Isn’t Volatile – the World Is

It’s been a horrible year for cryptocurrency. Assets down an average of 90 percent, constant despair and each new day bringing fresh horror. Who’d want to be a bitcoin trader? But when you zoom out beyond the cryptosphere to gain some perspective, it turns out that crypto’s not doing so badly after all. With trillions of dollars wiped off major tech stocks, 2018 has been unkind to investors across all asset classes. Also read: Fear,...

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Blockchain Capital Exec: Bear Markets ‘Do Bear Things,’ but BTC Has ‘Gigantic’ Potential
Nov21

Blockchain Capital Exec: Bear Markets ‘Do Bear Things,’ but BTC Has ‘Gigantic’ Potential

Blockchain Capital’s Spencer Bogart believes that crypto opportunities are “still gigantic” despite the current bear market. Spencer Bogart, a partner at the venture capital firm Blockchain Capital, believes that crypto opportunities are “still gigantic” despite the current bear market, the expert claimed in an interview with Bloomberg on Monday, Nov. 19. The expert at the crypto and blockchain-focused venture capital startup has...

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21-Year Old American Purported SIM Swapper Arrested for Alleged Theft of $1 Mln in Crypto
Nov21

21-Year Old American Purported SIM Swapper Arrested for Alleged Theft of $1 Mln in Crypto

Authorities in the U.S. state of California have arrested a 21-year old New Yorker for the alleged theft of $1 million in crypto using “SIM-swapping.” Authorities in the U.S. state of California have arrested a 21-year old New Yorker for the alleged theft of $1 million in crypto using “SIM-swapping,” U.S. broadsheet the New York Post reported Nov. 20. SIM-swapping — also known as a “port-out scam” — involves the theft of a cell phone...

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What Could Have Caused The Year’s Biggest Crypto Crash?
Nov21

What Could Have Caused The Year’s Biggest Crypto Crash?

Bitcoin is undergoing a bullish correction on Wednesday, recovering as high as 10% since this week’s low at $4,200. Crypto markets are also recovering slightly. Nevertheless, the insignificant recovery still does not compensate a whopping $70 billion that has been wiped from the crypto market since last Wednesday. The price of BTC crashed by 25%, bringing itself below $5,000 for the first time since October 2017. Other major...

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Ripple’s Cory Johnson says CZ is seeking bias by not giving interviews to non-crypto investors
Nov21

Ripple’s Cory Johnson says CZ is seeking bias by not giving interviews to non-crypto investors

During an interview with Techonomy, Cory Johnson, the Chief Market Strategist of the leading blockchain remittance firm Ripple and former journalist, discussed his views on the topic “Moving Money Across Borders with Cryptocurrency”. Here, he spoke about Facebook working on the blockchain technology and the mindset of members involved in the cryptocurrency space. Regarding the mentality of individuals pertaining to blockchain...

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