BLOCKCHAIN

Singaporean Gov’t Blockchain Platform Facilitates $15.7 Million in Fundraising

[ad_1] The Singaporean government-backed blockchain platform Tribe has helped raise another $15.7 million for participating companies through its ecosystem.In a press release shared with Cointelegraph on Dec. 2, Tribe Accelerator revealed that a total of $28 million had been raised to date to support start-ups from around the world attempting to solve real-world problems with blockchain technology. The first group of startups reportedly raised over $12.2 million within three months. Managing
BLOCKCHAIN

Former CFTC Chair to Remain Focused on Crypto and Blockchain at New Law Firm

[ad_1] Former United States Commodity Futures Trading Commission (CFTC) chairman Chris Giancarlo was hired as senior counsel at the New York-based law firm Willkie Farr & Gallagher.Digitize the dollar and take power away from central banksOn Dec. 2, Reuters reported that Giancarlo in his new role at Willkie Farr & Gallagher will continue to focus on digital innovation in areas such as cryptocurrencies and blockchain. Giancarlo, also known as “Crypto
BUY/SELL

Bitcoin Price Shifts Toward Key Moving Average as Bears Target $5,000

[ad_1] As part of its current mid-term downtrend, Bitcoin (BTC) could be headed toward its 200-week moving average (MA), a level that has been a major historical bottom. Since hitting its 2019 high of approximately $13,890, Bitcoin has seen lower highs indicative of a downward trend, at least in the mid-term. After a corrective bounce up to $7,875 last week, Bitcoin was unable to shake its larger downtrend, heading back down to
BLOCKCHAIN

US SEC Hires In-House Attorney As New Chief Of Cyber Unit

[ad_1] The United States Securities and Exchange Commission (SEC) has hired Kristina Littman as Chief of the Division of Enforcement’s Cyber Unit, a specialized unit that aims to protect investors and markets from cyber-related misconduct. Littman’s credentialsOn Dec. 2, the SEC announced the new hire. The press release elaborated that Littman started at the SEC’s Division of Enforcement in 2010 as a staff attorney. Since then, she has held several senior
BLOCKCHAIN

Monero Implements Hard Fork, Including New ASIC-Resistant Mining Algorithm

[ad_1] The Monero (XMR) network has been successfully upgraded to RandomX, a new mining algorithm that aims to be ASIC-resistant.On Nov. 30, the Monero community workgroup did a live stream on YouTube in which the upgrade took place at around the 58 minute mark. The new upgrade also introduced proof-of-work (PoW) algorithm, RandomX, which uses random code execution together with memory-focussed techniques to be resistant to application-specific integrated circuits (ASIC)
EXCHANGES

Despite the Recent Slump, Crypto Prices Improved a Great Deal in 2019

[ad_1] As far as prices are concerned, 2019’s cryptocurrency markets fared much better than the year prior. Currently, the entire market capitalization of all digital assets is hovering just above the $200 billion mark. The following is a look at the cryptocurrency market’s biggest gainers and worst losers so far in 2019 to get some perspective of possible outcomes and historical trends as the year ends. Also Read: Gocrypto SLP
BLOCKCHAIN

Ripple Transfers 1 Billion XRP Tokens From Escrow Wallet and Back Again

[ad_1] Whale Alert, the ever-vigilant live tracker for cryptocurrency transactions, noted that Ripple transferred a total of 1 billion XRP tokens from its escrow wallet on Dec. 2.The blockchain-based payments firm moved the massive amount of tokens in two separate transactions, worth around $219 million in total as of press time. Interestingly, the company transferred the exact same amount of tokens back into escrow only seven minutes later, this time
EXCHANGES

Is a Blockchain Based Future in China Really a Good Thing?

[ad_1] Crypto markets are still cooling off from a massive bout of FOMO that originated from China last month. The state’s new endorsement of blockchain technology sent a shock wave of excitement throughout the space, as the nation prepares to launch its own sovereign digital currency. But is this move really a good thing for the space?  China’s New Drive According to recent reports China has clear ambitions to become
Business

This Vibrant Country Is One Of The Fastest-Growing Crypto Nations

[ad_1] At a recent B2B event in Turkey, suit-clad men and women from traditional financial institutions and the public sector stood in line to take a selfie with a guy in a hoodie.That guy, Binance CEO Changpeng “CZ” Zhao, found time to attend the annual Turkish Capital Markets Summit in Istanbul, Turkey on Nov. 19. Between his speech at BlockShow Asia 2019 and the controversy over alleged false reporting, it’s
Business

Cracking $7.4K Opens Path to $8.1K Resistance — Analyst

[ad_1] Bitcoin (BTC) stayed rangebound on Dec. 2 after a descent from near $8,000 over the weekend failed to crack the $7,000 support.Cryptocurrency market daily overview. Source: Coin360Bitcoin volatility lessens but $7.5K evades tradersData from Coin360 showed the largest cryptocurrency trading in a narrower $300 corridor as the week began, with 24-hour performance bottoming out at around $7,180.At the top of the range, BTC/USD nonetheless failed to retake $7,500, at