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Huobi Indonesia now Facilitating Rupiah (IDR) to Tether (USDT) Trades

December 30, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

Huobi Indonesia, a local partner of global cryptocurrency exchange Huobi Global has launched a fiat-to-crypto trading gateway that will enable the direct trade of Indonesian Rupiah (IDR) to Tether (USDT), and also grant the exchange's local customers access to over 250 cryptocurrencies supported by the platform, reports Coinpedia on December 30,...

YouTube Claims it Deleted Bitcoin Videos in Error

December 27, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

Carl from The Moon (@themooncarl), a crypto-YouTuber revealed that the world's largest video-sharing website YouTube has made an official response after wilfully taking down his crypto-related videos. Nonetheless, @themooncarl says he can never trust centralized platforms again, instead, he will move his audience to a decentralized and censorship-resistant ecosystem, according...

YouTube Launches Attack on Bitcoin, Allegedly Deleting Crypto-Linked Content

December 24, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

Chris Dunn (@ChrisDunnTV), Chico Crypto (@ChicoCrypto), and BTC Sessions (@BTCsess), three popular YouTubers that have been creating highly informative and educating Bitcoin (BTC) related content on YouTube for several years now, have taken to Twitter to lament that the platform is now flagging their content, labeling it as “harmful and...

TRON (TRX) dApp Just.Game Breaks 430M TRX Volume Within Six Hours of Launch

December 23, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

Just.game, a new blockchain game on the TRON Smart Contracts blockchain platform gained a massive transaction volume of over 430 million TRON (TRX) within six hours after its official launch. The game also had the highest 24-hour volume of all TRON decentralized apps (dApps), according to a tweet by the...

Japan’s GMO Internet to Roll Out Yen-Backed Stablecoin in Q1 2020

December 23, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

GMO Internet, Japan’s information technology heavyweight and bitcoin (BTC) trading service provider, has announced that it's now putting the finishing touches to its yen-pegged stablecoin dubbed GMO Japanese Yen (GYEN), alongside its proprietary distributed ledger technology (DLT) network which is slated to go live in Q1 2020, according to a...

IOTA (MIOTA) Launches Experimental Crypto Wallet Dubbed ‘Spark’

December 20, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

The IOTA (MIOTA) team has launched the Spark wallet via IOTA Labs. Spark is a low-security, temporary web wallet designed to hold only small amounts of funds for a very short period. In addition, the IOTA team has also released the project’s 2020 roadmap, according to a blog post on...

The Top U.S. Cities with the Most Bitcoin and Cryptocurrency Investments Per Person

U.S. Congress Introduces a New Crypto Bill to Foster Regulatory Clarity

December 20, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

The United States Congress is introducing the Crypto-Currency Act of 2020, to put in place a sweeping regulatory framework for cryptoassets and to clearly outline the responsibilities of each federal financial regulator in the country, while also mandating these agencies to guide the public on how to participate in the...

Top Slovenian University Unveils Blockchain-Powered Christmas Tree

December 20, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

Blockchain developers at the University of Ljubljana, the largest and oldest university in Slovenia, have created a distributed ledger technology (DLT) powered Christmas tree that allows anyone to control the color of its lights by sending Ethereum donations, reports Decrypt on December 19, 2019. Xmas Trees on the Ethereum Blockchain...

Hackers Using Taylor Swift Image to Embed Monero (XMR) Miner

December 19, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

Bad actors are now embedding the MyKings Monero (XMR) mining botnet in JPEG images of popular singer, Taylor Swift, in a bid to cover their cryptojacking activities on their hosts’ computers, according to a ZDNet report on December 19, 2019. MyKings Monero (XMR) Miner on Rampage In a bid to...

EY Upgrades Its ZKP Technology to Boost Ethereum’s Scalability & Reduce Costs

December 19, 2019 by Ogwu Osaemezu Emmanuel at Blockchain

Ernst & Young (EY), one of the largest professional services firms in the world has announced the release of its third generation zero-knowledge proof (ZKP) technology to the public domain of the Ethereum blockchain. The firm aims to significantly reduce transaction costs on the network while also boosting scalability, according...

Facebook Heavily Criticized in Congressional Hearing, Zuckerberg Evades Specific Questions

Why the U.S. Federal Reserve May Never Green-Light Facebook’s Libra

December 19, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

The United States Federal Reserve Governor, Lael Brainard has highlighted the major reasons why the nation’s financial authorities still feel reluctant to greenlight Facebook’s Libra global stablecoin project. Speaking during a central bank conference in Frankfurt Germany, Brainard hinted that regulators are concerned that Libra could gain global adoption within...

Alchemy Blockchain Firm Receives $15M from Big Silicon Valley Whales

December 19, 2019 by Ogwu Osaemezu Emmanuel at Blockchain

In a Series A funding round, Stanford University alongside top founders in Silicon Valley invested in Alchemy, a blockchain startup founded by two Stanford graduates. The funding has enabled Alchemy to raise $15 million from investors, according to Bloomberg on December 17, 2019. Stanford, Silicon Valley Top Shots Back Alchemy ...

India: Infosys Launches a Suite of Blockchain Solutions

December 18, 2019 by Ogwu Osaemezu Emmanuel at Blockchain

Infosys, an Indian multinational corporation that offers its clients information technology services and more, has launched three distributed ledger technology (DLT) based solutions aimed at enhancing government services, supply chain, and insurance, according to a press release on December 18, 2019. Infosys Unveils DLT Solutions Infosys, a 38-year-old corporation headquartered...

TRON’s (TRX) Justin Sun Donates $1M to Climate Change Activist

December 18, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

Justin Sun, the founder of the TRON (TRX) distributed ledger technology (DLT) project and CEO of BitTorrent, has pledged to donate the sum of $1 million to Greta Thunberg's climate change initiative, according to a tweet on December 18, 2019. Sun Fights against Global Warming Justin Sun, the high flying...

AICPA Unveils Practices to Simplify Cryptoasset Accounting

December 17, 2019 by Ogwu Osaemezu Emmanuel at Regulation

In an effort to enable accounting and auditing firms that service cryptocurrency-linked businesses to formulate accurate and error-free financial statements, audits and more, in a seamless manner, the Digital Assets Working Group of the American Institute of Certified Public Accountants (AICPA), has launched a new practice aid, according to a...

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