BLOCKCHAIN

US Blockchain Firm Partners with Sustainable Construction Firm to Design Data Centers

[ad_1] United States-based Blockchain Holdings Capital Ventures (BHCV) has partnered with SG Blocks, which uses cargo shipping containers in construction to develop its multi-container data centers, according to press release on April 1.The blockchain company, which focuses on real estate, energy and technology companies, will be SG Blocks’ sole partner in designing decentralized data centers. The first prototype is expected to appear in Q4 2019.BHCV eventually plans to open a
BLOCKCHAIN

Crypto Market Rally Continues With Bitcoin Above $4,900, Tech Stocks Bounce Back

[ad_1] Tuesday, April 2 — The leading cryptocurrency Bitcoin (BTC) is holding its gains following a rally last night, with other major cryptocurrency markets registering solid growth as well.Market visualization from Coin360BTC is trading at around $4,904 at press time, holding ground on the day after it broke the $4,500 price mark for the first time this year. The coin has gained 17.66 percent on the day, while its weekly
Business

Andreessen Horowitz Restructures, Registering Entire Staff as Financial Advisors

[ad_1] American venture capital firm Andreessen Horowitz is restructuring by registering all of its employees as qualified financial advisors, Forbes reported on April 2.Andreessen Horowitz — a Silicon Valley company specializing in investing mostly in technology and financial services startups, having raised $1.7 billion across seven funds — told Forbes that it is registering their all 150 employees as financial advisors, which renounces the company’s status as a venture capital
BLOCKCHAIN

Coinbase Reveals Hot Wallet Coverage Up to $225 Mln Via Lloyd’s of London Broker

[ad_1] Major American cryptocurrency exchange Coinbase has revealed details of its insurance coverage for its hot wallet crypto holdings, reportedly covering a $255 million limit via a Lloyd’s of London-registered broker. The details were disclosed in an official blog post from Coinbase’s Chief Information Security Officer (CISO) Philip Martin on April 2.According to Martin, Coinbase has held an insurance policy covering its hot wallet crypto holdings since mid-November 2013, in
EXCHANGES

Gauging the Blockchain Buzz at South by Southwest

[ad_1] Welcome to SXSW Every spring, downtown Austin transforms into blocks upon blocks of in-your-face branding, interactive activities, and venues supplying endless amounts of food and alcohol. Walking downtown, you can hardly move ten feet without watching some demo or getting handed a crisp libation (Editor’s note: or nearly getting clipped by a scooter.) For those of you unsure, I’m referring to South by Southwest (SXSW), a ten-day showcase of
Business

A Guilty Verdict, Impatient Creditors and a Resurrecting Movement: Mt. Gox Saga Continues

[ad_1] It is one of the biggest cryptocurrency hacks of all time and still remains the biggest Bitcoin (BTC) hack the world has ever seen. The 2011, a security breach on Mt. Gox’s platform, the now-defunct Japanese cryptocurrency exchange, saw 850,000 Bitcoin stolen. Although 200,000 BTC have since been recovered, the subsequent closure of the exchange in 2014 left 24,000 creditors in its wake.Eight years later, the story continues with
EXCHANGES

In Fourth Report, QuadrigaCX Court Monitor Recommends Bankruptcy Proceedings

[ad_1] QuadrigaCX monitor Ernst & Young suspects that the beleaguered exchange’s late CEO, Gerald Cotten, may have been financing personal expenditures with company funds, and it is now recommending that the assets in Cotten’s estate be placed under a preservation order. In January, the exchange announced that it was insolvent, owing clients roughly $250 million CAD, after Cotten died of septic shock while honeymooning with his wife, Jennifer Robertson, in
EXCHANGES

U.S Based Online Payment Giant—PayPal, Makes First Blockchain Related Investment

[ad_1] U.S based online payments giant—PayPal, has recently made it first blockchain technology-related investment. According to the report announcing the investment, PayPal reportedly joined the extension of a Series A funding round in Cambridge Blockchain. Amount invested by PayPal not Yet Disclosed This is a startup focused on helping financial institutions and other companies articulate and manage sensitive data using shared ledgers. Although the amount invested by Paypal into the
EXCHANGES

Augur Prediction Market Platform May Have Design Flaws

[ad_1] An analysis of irregularities discovered in the Augur decentralized prediction market platform has identified a number of design flaws. Namely, it identified a potential attack vector based on discrepancies between a market’s expiry date and its outcome date. How A Prediction Market Works A prediction market would seem an ideal use-case for blockchain, harnessing the trustless nature and lack of centralized control. Augur uses the Ethereum blockchain, and allows
EXCHANGES

Bitcoin Price Analysis: Bearish Market Structure Breaks with a Single 20% Move

[ad_1] Introducing our first video price analysis by Bitcoin Schmitcoin. Summary: Bitcoin broke out of a massive consolidation pattern known as an “Adam and Eve” double bottom. The breakout was fueled by short liquidations that stacked up around the $4,000 level over the last 4–5 months. The measured move for the breakout has us testing several resistance levels and ultimately has a price target of around $5,300. We have managed