uBUCK Debuts | Hybrid Summit 2019 Welcomes Jon Malach

uBUCK Advisor Jon Malach lights up the stage at Hybrid Summit 2019. Hong Kong Blockchain Week is underway and on March 7th, Hybrid Summit 2019 made its debut at HKBW. The blockchain-centered educational event held speakers from all over the world, including IOHK Founder and CEO Charles Hoskinson. Among the many presentations made, the uBUCK presentation, in particular, has gained buzz from the event – according to speaker Jon Malach, uBUCK is offering a new and convenient approach to crypto Mastercards and stablecoin wallets. The Hybrid Summit is an annual event…

Why You Shouldn’t Worry about Crypto Whales Crashing the Bitcoin Price

In a very informative webinar produced by Chainalysis today, the blockchain research firm made the surprising claim that crypto “whales” – individuals with more than $56 million in Bitcoin – pose no serious risk to the price of Bitcoin. What Constitutes a ‘Crypto Whale?’ Chainalysis defines a Bitcoin whale as an investor sitting on at least $56 million worth of BTC at current prices. | Source: Shutterstock In the presentation titled “Who are Today’s Bitcoin and Bitcoin Cash Whales?,” Chainalysis breaks down the types of whales into several categories including…

Bitcoin (BTC) Demand Could Stem From Increasing Bank Scandals

Bitcoin prices consolidating but bullish Obscure banks real culprits in money laundering Transactional volumes drop below average Findings indicate that centralized global banks are agents of money laundering and not Bitcoin or cryptocurrencies as peddled by mainstream media. With high transparency level of public blockchains as Bitcoin’s, the native coin, BTC stands to be the money of the web further pumping prices up. Bitcoin Price Analysis Fundamentals From the very inception, Bitcoin as tech is adapting. With a slew of accusations that the global, decentralized “new money” is anonymous and…

Binance Coin (BNB) Defying Gravity After Sovereign Backing

Binance Coin (BNB) price up 54 percent in last week The government of Argentina is supporting blockchain projects backed by Binance Labs Participation levels explode in recent days Argentina is interested in blockchain projects and an accelerator program in conjunction with Binance Labs. They shall invest $50 in 10 different projects in the next four years. That is the confidence we need, and as Binance Coin (BNB) edge higher, there is an opportunity for traders to benefit from the recent uptick in demand. Binance Coin (BNB) Price Analysis Fundamentals On…

Former Iced Tea-Turned-Bitcoin Mining Firm Sells Beverage Business

Long Blockchain, previously named Long Island Iced Tea, has reached an agreement to sell its ready-to-drink tea business to Canadian firm ECC2 Ventures. The deal is documented in a Securities and Exchange Commission (SEC) document filed on March 6. At the beginning of 2018, the company had rebranded from Long Island Iced Tea to Long Blockchain, seeing a 500 percent jump in shares, noting that it hoped to raise money to purchase Bitcoin (BTC) miners. In August 2018, the company announced that it had again changed its line of business…

South Korea Establishes Special Task Force to Prevent Cryptocurrency-Related Crimes

The South Korean Supreme Prosecutors’ Office (SPO) has announced the establishment of a task force to fight cryptocurrency-related fraud and crimes. The development was reported by the Korean Broadcasting System (KBS), one of the largest national public broadcasters, in an article published on Tuesday, March 5. The new task force will be responsible for the investigation — under the SPO’s authority — of fraud, illegal money laundering, crimes and other illegal activities within the fields of fintech and cryptocurrency. The decision to create a special task force is a response…

Litecoin (LTC) Up 28 Percent, Lightning Network Capacity Up 76 Percent, What can Stop $70?

Litecoin prices surge, up 27.8 percent in last week Lightning Network capacity up 76 percent Participation levels up, averages increase from 954k in mid-Nov to 1.5 million by last week’s close Pumping Litecoin is renewed interest and technical factors. Now that LTC prices are trading above $50 in a bull breakout pattern, Litecoin stands to rally with first targets at $70. Litecoin Price Analysis Fundamentals As alternative and superior money for the web, the primary driver has to be adoption. The more Litecoin (LTC) finds utility, the more its value…

Denver to Use Mobile Voting Blockchain Platform Aimed at Overseas Voters in Elections

The capital and most populous city in the United States state of Colorado, Denver, will use a smartphone app based on blockchain technology for casting municipal election this May, PR Newswire reports Thursday, March 7. According to the announcement, the City and County of Denver will implement a mobile voting platform backed with blockchain tech targeting the “active-duty military, their eligible dependents and overseas voters,” who will be able to use their smartphones to participate in the Denver municipal elections. As the article states: “Eligible voters will be able to…

Hacked IoT Devices and Cryptocurrency Networks Doubled in 2018

In Japan, the number of hacked Internet of Things (IoT) devices and cryptocurrency networks nearly doubled in 2018 when compared to the previous year. English-language local media Asahi reported on March 7. Per the report, the Japanese Police Agency data shows that an average of 2,752.8 intrusions per sensor per day were detected last year, up 45 percent from the previous year. Furthermore, the data also reportedly shows that almost all of the attacks came from overseas. According to the article, if one considers only cryptocurrency networks and IoT devices,…

Kraken Crypto Exchange Poaches a Sony Studio Head for Marketing Push

Kraken, one of the largest U.S.-based crypto exchanges with daily volume of around $100 million, has hired a Hollywood veteran to be its first chief marketing officer. Matt Mason spent the last four years as the studio head of 1-800-N0TH1NG, described on his LinkedIn page as an “innovation lab” in Los Angeles funded by Sony Pictures. He left that job last month to take the newly created position at Kraken. “Building out the marketing function at Kraken is a critical next step for us as we continue to grow our business and…