Payment giant PayPal is seeking a blockchain expert to help identify use cases for the tech in the prevention of financial crimes.
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British Virgin Islands Government Turning to Blockchain? » The Merkle Hash
Blockchain technology was first introduced through Bitcoin as a means to aid and empower global citizens. However, governments worldwide are increasingly looking into the nascent tech as a means of building out their own economies and national infrastructure. Cryptocurrency and blockchain tech have broad applications, as has been exemplified by implementation into a plethora of industries: from cloud computing and predictive analytics to accounting and healthcare. As the space continues to mature, the influence blockchain has as society transitions towards a digital economy will become further evident. Blockchain in Government It’s no secret that governments across the board are now looking into blockchain. While some have only just begun dipping their toes into cryptocurrency, others are wholly entrenched with blockchain initiatives across various sectors. The United States government, for example, has already engulfed on a number of projects, including a healthcare data exchange for patients and 3d printing file storage at military bases. Recently, China has dominated headlines after the nation’s President, Xi Jinping, held a press conference stating China’s intention to go big on blockchain. This recent initiative includes…
Dec 5, 2019 -
Please Explain Bitcoin To Me
It appears macro investor Paul Tudor Jones is not the only billionaire delving into Bitcoin. Today, J.K. Rowling — the billionaire author behind the popular book series “Harry Potter” — dipped her toes in the cryptocurrency world in a surprising way. Here’s how this interesting interaction went down. J.K. Rowling Asks About Bitcoin On May 15th, CoinDesk reporter Leigh Cuen made a half-joking remark that she would “die from happiness” if J.K. Rowling ever pinged her. Surprisingly, the world-famous author did, and she did asking about Bitcoin. In reference to another tweet Cuen published regarding how another author messaged her about Bitcoin, Rowling remarked: “I don’t understand Bitcoin. Please explain it to me.” I don’t understand bitcoin. Please explain it to me. — J.K. Rowling (@jk_rowling) May 15, 2020 With over 14 million followers, Rowling’s inquisitive response about the world of Bitcoin has already managed to gather 2,200 likes, 500 retweets, and 600 comments. Many of these interactions are from people in crypto attempting to convince her of why BTC matters. The Block’s Steven Zheng channeled his inner “Harry Potter,” joking…
May 15, 2020 -
Binance’s US Arm to Launch Tezos Staking This Week
As Tezos (XTZ) staking has apparently been getting more popular in recent months, the service will be soon available on another cryptocurrency exchange in the United States. Binance.US, the U.S. arm of the world’s biggest crypto exchange, Binance, will launch staking rewards this week. As officially announced today, Binance.US will launch staking rewards for XTZ on Thursday, April 16. The service is expected to be activated at 09:00 EST, Binance noted. First XTZ rewards to be distributed in May 2020 In the April 13 announcement, Binance clarified that no action will be needed for Tezos holders to start earning rewards. Additionally, Binance.US noted that the exchange already supports major Tezos trading pairs like XTZ/USD and XTZ/BUSD on Binance.US app, website and API. Similar to already-supported staking coins on Binance.US, the exchange will be taking hourly snapshots of user’s XTZ balances to calculate rewards. While rewards will be calculated daily, distributions will take place on a monthly basis before the 20th day of each month. As such, XTZ’s first distribution will take place in May 2020, Binance.US explained. Tezos staking is…
Apr 13, 2020 -
‘Devastated’ Emily Ratajkowski Needs to Grow up – Bernie Had No Chance
Model Emily Ratajkowski dumped her feelings about Bernie Sanders dropping out of the presidential race today. She said she was “hopeless and devastated.” Maybe if she supported Bernie when he needed it most, instead of posting semi-nude photos, he would’ve had a chance. Bernie Sanders dropped out of the presidential race today. Supermodel and ‘influencer’ Emily Ratajkowski took to Twitter today to dump her feelings about it. Let’s all cry for the supermodel. | Source: Twitter She said she was and “hopeless and devastated and powerless.” While I, too, would pick Bernie Sanders over ‘Sleepy’ Joe Biden, I wasn’t foolish enough to believe in the DNC. Maybe Emily Ratajkowski Should’ve Done a Little More ‘Influencing’ I can understand Emily Ratajkowski’s feelings of hopelessness. We are once again stuck between a rock and a dumb place, with two terrible presidential candidates. Emily has made her feelings about Bernie Sanders relatively visible in past months, but not nearly as visible as her body. When Bernie’s campaign was flashing red alert signals for help, where was Emily? Oh, that’s right, posting semi-nude photos…
Apr 9, 2020 -
Bitcoin Halving Is Time for BTC to ‘Shine’, Mike Novogratz Says
Michael Novogratz said that the upcoming Bitcoin halving event is set to push the BTC price higher especially with the traditional markets are falling due to the COVID-19 spread. Money does not grow on trees. But, it seems like it has started doing just that as governments around the world initiate massive fiscal stimulus packages. All these occurrences coupled with the forthcoming Bitcoin halving present a strong case for BTC. These developments seem to be exciting crypto proponents. One of these proponents is Michael Novogratz, the founder of Galaxy Digital crypto-focused merchant bank. While speaking to the media on April 21 when additional stimulus measures were announced, Novogratz doubled down on Bitcoin before its halving: “Bitcoin has this moment right now. Just today we had another trillion-dollar stimulus—money growing on trees, and my mother taught me when I was younger, ‘money doesn’t grow on trees’.” The Wall Street veteran believes that more people are turning to crypto as fiscal stimulus continues. People are searching for something scarce to safeguard their portfolios. The latest measures by policymakers and reduced rewards for…
Apr 23, 2020 -
Coinbase Announces its Upcoming Cryptocurrency IRA » The Merkle Hash
There is no time like the present, even in the cryptocurrency industry. Coinbase, a provider of exchange and wallet services, is now entering the IRA game. This is made possible following a strategic partnership with Kingdom Trust and Regal Assets. Coinbase Keeps Adding new Services A cryptocurrency-based investor retirement account has been of great interest to many, yet few companies provide such a service. The main purpose of these IRAs is how the cryptocurrency balances are safe from external factors. Hackers or criminals looking to steal user funds will have a very tough day and ultimately be unsuccessful. Furthermore, every account created through Coinbase’s IRA will be insured for up to $200m, courtesy of Lloyd’s of London. For those who are on the fence about investing in cryptocurrencies, this might be the solution they have been waiting for. Plenty of cryptocurrencies will be supported for these IRAs. The list includes Bitcoin, Stellar, Tezos, DAI, Augur, and several dozen other currencies. Some notably absent projects include Binance Coin, Monero, and so forth. It is possible more currencies will be added once…
Nov 16, 2019 -
Three Men Arrested for Running Alleged $722 Million Crypto Ponzi Scheme
United States authorities in New Jersey have announced the arrest of three men who are accused of defrauding investors of over $722 million as part of alleged crypto ponzie scheme BitClub Network, per a Dec. 10 announcement from the Department of Justice. The accusations against BitClub Network According to the press release, BitClub Network promised massive rates of return in exchange for investments in a shared cryptocurrency mining pool. The parties at the center of the scheme then allegedly misappropriated over $722 million of those funds into their own lavish living rather than the promised mining pool. Authorities further accuse the three men arrested of falsifying information on returns in order to solicit more investment as well as The three accused are Matthew Goettsche and Jobadiah Weeks — both from Colorado — and Joseph Abel of California. Authorities are charging the first two with conspiracy to commit wire fraud, which carries a maximum sentence of 20 years in prison, as well as conspiracy to offer and sell unregistered securities. Abel, who was apparently less central to the scheme, has only…
Dec 11, 2019 -
If you want to help after the Nashville tornadoes, give cash, not clothing and other stuff |
Twitter Facebook reddit Pinterest Hacker News LinkedIn Tumblr Google+ VKontakte The wreckage in Nashville was extreme.AP Photo/Wade Payne Powerful storms and tornadoes left a trail of devastation as they ripped through Nashville on March 3, killing 25 people, injuring dozens more and leaving hundreds homeless. As first responders and residents of the Tennessee city searched for the missing, assessed the damage and began to pick up the pieces, relief efforts started taking shape right away. In the aftermath of such tragedies, the urge to help is laudable. Some organizations and community groups don’t want to wait before organizing donation drives. Yet, as someone who has studied how professionals and local communities respond to emergencies, I’ve seen time and again how well-intentioned efforts to donate goods to distant disasters can go wrong. Donations of food, clothing, toiletries and diapers are often the last thing that is needed in disaster-affected areas. Delivering things that people need on the ground simply doesn’t help disaster-struck communities as much as giving them money to buy what they need. What’s more, truckloads of blue jeans and…
Mar 4, 2020 -
Venezuela’s President Promises to Pay Pensioners in Digital Asset Petro
Nov 22, 2019 at 11:59 // News On Sunday November 17 of this year, the current president of Venezuela, Nicholas Maduro made a statement that the government’s financial authorities will pay a Christmas bonus to a large number of retirees and pensioners using their own national digital asset called the Petro. President Nicholas’ announcement was first released on the social media page of Venepress, a domestic news platform, which cited some of the remarks he made about the matter. Up to this point, this kind of event is not the first time that Venezuelan government is dragging Petro virtual currency into the digital wallets of national pensioners. As unveiled in Dec 2018, Venezuela actually tried to directly change retirees’ and pensioners’ annual allowances into Petro tokens. Is Cryptocurrency the Next Savior for Venezuela? The virtual currency that we are talking about was initially rolled out with a pre-sale in early 2018 and caused a lot of worries, especially among external observers including United States President Donald Trump. Towards the end of August, 2019, Petro cryptocurrency was already sarcastically criticized as…
Nov 22, 2019 -
CoinTracking Launches Two Powerful, Free Plug-ins for Crypto Traders
Though the top cryptocurrency exchanges offer charts, many don’t offer the analytical features crypto traders need to make good trading decisions. To help fill this need, CoinTracking has partnered with two companies that specialize in cryptocurrency analytics: IntoTheBlock and Cryptosheets. These new integrations provide a whole new use case for the world’s most popular crypto tax software. CoinTracking was founded in 2012 and went online in April 2013 as the world’s first cryptocurrency tax reporting tool and portfolio manager. The company now has over 585,000 active users, which makes it the leader in the space. While crypto traders are CoinTracking’s main demographic, the company’s powerful portfolio management tools have made it popular among crypto tax and investment firms as well. Now that CoinTracking integrates with IntoTheBlock and CryptoSheets, it has a new use case. In conjunction with the two new plug-ins, CoinTracking can now be used to research altcoins and create entirely new trading strategies. IntoTheBlock’s deep analytical features can be used to make crypto price movement predictions, while CryptoSheets gives traders the ability to create their own custom spreadsheets…
May 2, 2020