BLOCKCHAIN

Truffle Announces Upcoming Dev Support for Corda, Hyperledger Fabric, Tezos

[ad_1] Blockchain development company Truffle has unveiled plans to expand its fully managed developer suite to include support for the blockchain protocols Corda, Hyperledger Fabric and Tezos.Truffle founder and CEO Tim Coulter announced the company’s plans at TruffleCon 2019 — Truffle’s annual dev conference — on Microsoft’s campus in Redmond, Washington. Coulter commented on how he thinks these tools will pave the way for collaboration via interoperability, saying:“We are empowering
BLOCKCHAIN

Zambia SEC Warns About Investing in Promoted Onyxcoin Cryptocurrency

[ad_1] The Zambia SEC’s CEO, Philip Chitalu, has warned the public that cryptocurrency OnyxCoin creator Kwakoo is not licensed to give investment advice or solicit funds, from within and outside the country alike.The Lusaka Times relayed the SEC head’s warnings in a report on Aug. 2. According to the report, Kwakoo has been promoting Onyxcoin and soliciting investments from the Zambian public. Relatedly, CEO Chitalu notes that Securities Act, No. 41
BLOCKCHAIN

Buying Crypto With The Apple Card Violates Its Customer Agreement

[ad_1] According to the Apple Card Customer agreement, users will not be permitted to buy cryptocurrencies using the company’s upcoming credit card service.Goldman Sachs published the agreement on July 2, according to a report by Reuters on the same day. As per the report, American tech giant Apple is releasing the Apple Card in partnership with investment banking company Goldman Sachs as part of a broader business plan to bring
BLOCKCHAIN

Buying Crypto on Credit Not Necessarily a Cash Advance

[ad_1] Southern District of New York Judge Katherine Polk Failla has ruled that purchasing cryptocurrency with a Chase Bank credit card does not necessarily count as a cash advance, as per Chase’s contract.According to an opinion and order document dated August 1, Judge Failla has denied Chase’s motion to dismiss a number of the plaintiff’s complaints, which center on the bank charging a user cash advance fees for buying cryptocurrency
Business

Elliptic Launches ‘World’s Largest’ Data Set to Identify Crypto Money Laundering

[ad_1] Cryptocurrency compliance company Elliptic has released the Elliptic Data Set, geared toward identifying cryptocurrency transactions associated with money laundering (AML). The development was announced in a press release shared with Cointelegraph on Aug. 2.Making the crypto world more transparentHaving developed a data set of 200,000 Bitcoin (BTC) transactions with a total value of $6 billion,  Elliptic claims it to be the largest set of labeled transaction data publicly available
EXCHANGES

When It Comes to ROI, Altcoins Are No Match For Bitcoin: Analyst

[ad_1] Bitcoin appears to be back on the rise but will altcoins follow? Alex Krüger thinks not. Bitcoin is King Earlier this week, economist and crypto analyst Alex Krüger tweeted that in his opinion, the majority of altcoins have “become asymmetric bets with an unattractive return profile.” Outside of February – April’s impressive altcoin rally (Alt Season) where a number of altcoins posted 300% to 500% gains, altcoins have performed
Business

Bitcoin.com Appoints New CEO as Roger Ver Leaves Position

[ad_1] Bitcoin.com has appointed Stefan Rust as the company’s new chief executive officer as Roger Ver leaves the post, according to an announcement published on Aug. 2.Rust will continue working on the development of the company’s new products and services that promote peer-to-peer electronic cash. Commenting on the appointment, Rust said:“I’m hugely excited to take on the role of CEO working alongside Roger. Together we can now turbocharge the awesome
EXCHANGES

Banks Stopped Walmart Bank – Now the Retail Giant Hits Back With Crypto

[ad_1] On August 1, it was discovered that the giant retail corporation Walmart has patented plans for a stablecoin that’s backed by U.S. dollars. If released into the wild, the USD-based cryptocurrency would be issued to select Walmart retailers and partners while the patent’s description explains the coin could be used outside of Walmart’s retail scope as well. Walmart’s patent follows Facebook’s recent Libra announcement and the ‘Walmart Coin’ specifications
EXCHANGES

New Bitcoin ‘ATHs Possible in 2019, Likely in 2020’: Report

[ad_1] On Friday, Ikigai Asset Management founder and CIO Travis Kling released an incredibly detailed report which makes a strong case for Bitcoin price achieving a new all-time high in 2020. The Devil is in the Details On Friday Ikigai Asset Management released its tenth monthly crypto and traditional market update and the report was filled with some intriguing Bitcoin price action observations. Ikigai believes that the crypto-sector can “fundamentally