# Bitcoin News
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June 5,2020 by contributor at Bitcoin
Using cryptocurrencies as a preferred method to “hedge” against real-world risks seems to be a valid play. Data, collated from various bitcoin exchanges, is now pointing towards a huge surge of users, even as retail activity on traditional markets continues to decline. COVID Pushes Bitcoin Adoption As per publicly available...
June 4, 2020 by Osato Avan-Nomayo at
Bitcoin
Despite the current market uncertainties some pundits point to gold and Bitcoin (BTC) as suitable hedges against future downturns. BTC remains of the best performing assets, maintaining its decoupling from mainstream stocks. Bitcoin and Gold as Hedge Against Uncertainties According to June 2020 Bloomberg Commodity Outlook, Bitcoin and gold will...
June 4,2020 by contributor at Bitcoin
Bitcoin Core, the software governing the earliest protocol of Bitcoin, received a facelift on June 3 after a 0.20.0 update was implemented. Among other features is the network’s ability to protect against attacks from large players, such as nations or big computing corporations. Bitcoin now More Protected Termed “Asmap,” the...
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Press Releases
# Blockchain News
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June 5,2020 by Aisshwarya Tiwari at Blockchain
E-commerce juggernaut Amazon has secured a patent that involves using distributed ledger technology (DLT) to track delivery packages. This, according to an article by Nasdaq, June 5, 2020. Amazon Integrates Blockchain Into Its Operations In a bid to leverage the benefits of emerging tech, U.S.-based conglomerate Amazon has filed a patent that utilizes...
June 4, 2020 by Aisshwarya Tiwari at
Blockchain
Norwegian seafood producer Kvarøy Arctic today announced that it had joined IBM’s blockchain-based Food Trust. The partnership will enable Kvarøy Arctic to track its farmed Arctic salmon along the supply chain, Forbes reports, June 4, 2020. Kvarøy Arctic Joins the IBM Food Trust In a bid to leverage the benefits of distributed...
June 3,2020 by Osato Avan-Nomayo at Blockchain
A consortium of 10 multinational oil and gas companies known as the Offshore Operators Committee (OOC) Oil and Gas Blockchain Consortium has reportedly tested a blockchain pilot to explore the possibilities of leveraging distributed ledger technology (DLT) to automate production and cut down operational costs. Details of the Pilot Test...
# Altcoins News
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Blockchain-based decentralized CPU-sharing network Golem (GNT) on June 4, 2020, shared new research that shows a novel concept for identity authentication using Proof of Device, built along the lines of Intel’s SGX technology. Golem Network Shares Proof of Device Concept Recently, Golem Network (GNT) published its research that details into a Proof of Device mechanism for...
June 5, 2020 by Dalmas Ngetich at
Altcoins
The nature of cryptocurrencies means financial transactions are open for illegal monitoring. Monero obfuscates blockchain transactions for improved privacy and anonymity. Towards this end, the Monero Research Lab has issued a funding request for the auditing of the Concise Linkable Ring Signatures (CLSAG). In this audit, the Monero Audit Workgroup...
June 5,2020 by Dalmas Ngetich at Altcoins
Creatives have a hard time protecting their work. Writers, musicians, illustrators, and others can bitterly narrate how their masterpieces have been duplicated even with protection from Intellectual Property (IP) laws. Luckily, blockchain can be used to create a reliable anti-counterfeit infrastructure. For its provenance, Ontology has partnered with OGQ -...
# Regulation News
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June 5,2020 by Anthonia Isichei at Regulation
The Office of the Comptroller of the Currency (OCC), the agency responsible for regulating banks in the United States, has requested public input into possible interface points between crypto and blockchain tech and mainstream banking architecture. OCC Regulatory Review Could Pave Way for Crypto Regulations In a press release on...
June 4, 2020 by Anthonia Isichei at
Regulation
Major banking giants in Japan together crypto exchange platform DeCurret have formed a working group to explore digital currency payments interoperability. Meanwhile, regulators in the country are warning investment advisors to fulfill the necessary licensing requirements before offering their services. Japanese Banks Ponder Digital Settlements Infrastructure According to Reuters on...
June 4,2020 by Ogwu Osaemezu Emmanuel at Regulation
Hester Maria Peirce, a crypto-friendly Commissioner at the United States Securities and Exchange Commission (SEC), has been nominated by President Donal Trump for a second term in office. If the Senate backs her, Peirce, who has been clamoring for more amenable crypto regulations, will remain in office until 2025, reports...
# Price Analysis
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Total crypto market cap added $4 billion to its value since Monday morning and now stands at $274 billion. Top ten coins are all in green for the last 24 hours with Cardano (ADA) and Litecoin (LTC) being the best performers with 10.3 and 3.6 percent of gains respectively. At...
The total crypto market cap added $23.5 billion to its value for the last seven days and now stands at $270 billion. The top 10 currencies are all in green for the same time period with Cardano (ADA) and Ether (ETH) being the best performers with 52.7 and 19.9 percent...
Total crypto market cap lost $9 billion of its value since Monday morning and now stands at $255.5 billion. Top ten coins are all in green for the last 24 hours with Bitcoin (BTC) and Litecoin (LTC) being the best performers with 3.5 and 2.5 percent of gains respectively. At...
# Ethereum News
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June 4,2020 by contributor at Ethereum
Ethereum’s upcoming 2.0 “Serenity” update is regarded by most an important milestone, both technically and from an “investment” perspective in the network’s ETH tokens. However, with fragmented information available, developer Danny Ryan took to a blog post on the topic, days after an insightful AMA with Reddit’s Ethereum community. Rapid...
June 3, 2020 by Ogwu Osaemezu Emmanuel at
Ethereum
Vittalik Buterin, the Russian-Canadian Co-Founder of Ethereum, took to his Twitter handle on June 2, 2020, to state categorically that fixing the global economy is no longer the most pressing issue facing the world in 2020, as compared to 2008 when Bitcoin was created and as such the crypto community...
June 2,2020 by Aisshwarya Tiwari at Ethereum
The North American Collegiate League (NACL), one of the biggest in the U.S. for outdoor, indoor, and e-sports has teamed up with Ethereum-incubator ConsenSys Labs to bring crypto-rewards for tournament winners. Bringing Crypto to E-sports Announced June 1, the partnership sees tournaments tracking and data reported via the Ethereum blockchain....
