MPC is a regulated, fee-centric model that is almost an exact replica of today’s banking system.

Every once in a while, the crypto community crowns a new king for secure transactions, and the latest king seems to be multiparty computation, or MPC. This year, MPC adoption by custodial and noncustodial players has progressed and gained market traction at a rapid pace.

However, it could come at a price. MPC providers offer regulators a backdoor into cryptocurrency transactions. As the industry becomes more reliant on MPC for security, it could end up compromising on the long-held principles of decentralization and censorship-resistance.

The hidden features of MPC

In order to identify where the risks exist, ... Read more »

Category: News | Views: 70 | Added by: danyagames2007 | Date: 22.11.2020 | Comments (0)

A second Bretton Woods era will be even more centralized and even further from a true democracy.

Barely 100 years ago at the start of the 20th century, people were able to exchange dollars for gold at their local bank. While gold was too hard to trade between people, banking institutions held gold and gave people cash for it. This was during what was known as the gold standard. Each sovereign currency’s value was determined relative to a fixed amount of gold. However, in the decades ahead, that standard quickly changed.

Toward the end of World War II, dozens of powerful people organized a meeting to discuss a new monetary agreement designed to minimize the economic damage done by the war. This meeting was named after the ... Read more »

Category: News | Views: 75 | Added by: danyagames2007 | Date: 22.11.2020 | Comments (0)

Ethereum started a strong surge above the $500 resistance against the US Dollar. ETH price traded as high as $562 and it is currently correcting gains.

ETH price traded to a new multi-month high near $562 against the US Dollar.
The price is currently correcting lower below $550, but it is well above the 100 simple moving average (4-hours).
There is a major bullish trend line forming with support near $495 on the 4-hours chart of ETH/USD (data feed via Kraken).
The pair could correct lower, but dips are likely to remain attractive near $530 or $510.

Ethereum Price is Showing Positive Signs

This past week, bitcoin and ethereum gained bullish momentum above $18,000 and $500 respectively against the US ... Read more »

Category: Analytics | Views: 71 | Added by: danyagames2007 | Date: 22.11.2020 | Comments (0)

Bitcoin price traded to a new multi-month high close to $18,850 against the US Dollar. BTC is now consolidating gains (while ripple surged 35%) and preparing for the next major move.

Bitcoin traded above the $18,000 resistance and almost tested the $19,000 level.
The price is now consolidating above $18,000 and the 100 simple moving average (4-hours).
There is a key contracting triangle forming with resistance near $18,800 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
The pair could either rally further above $18,800 or it might correct lower towards the $17,350 level.

Bitcoin Price is Consolidating Gains

This past week, bitcoin extended its rise above the $17,500 and $18,000 res ... Read more »

Category: Analytics | Views: 57 | Added by: danyagames2007 | Date: 22.11.2020 | Comments (0)

Bitcoin has seen a strong surge over recent weeks amid a muted background for the stock market. The price of the leading cryptocurrency has rocketed higher by approximately 70% in the past five weeks while the S&P 500 has only gained a few percent over that same time frame.

This rally in the price of BTC against other assets has allowed it to set some interesting milestones. For context, the market capitalization of Bitcoin is basically at all-time highs despite BTC being slightly shy of its all-time highs.

Bitcoin Surpassing Many Top Companies 

As noted by Anthony Pompliano, an investor in the cryptocurrency space, the number of companies (public) that have a bigger market capitalization than Bitcoin has sh ... Read more »

Category: News | Views: 68 | Added by: danyagames2007 | Date: 22.11.2020 | Comments (0)

The evolution of new digital technologies has created a new shift in the value proposition for financial products and services. Digital asset management based on distributed ledger technology has opened the gates to financial institutions and regulators, with the aim of disrupting this new wave. Nevertheless, it has also opened the door for the creation of fresh and innovative opportunities and ways of conducting business.

Who Is Wallex?

Amidst the beginning of the technological wave, Simone Mazzuca found a missing piece in the grey zone in digital asset management, therefore creating the revolutionary and borderless company Wallex. Constructing the legal-framework of Wallex, Mr M ... Read more »

Category: News | Views: 73 | Added by: danyagames2007 | Date: 22.11.2020 | Comments (0)

An African company backed by Amazon CEO Jeff Bezos, Chipper Cash, has raised $30 million and is launching a cryptocurrency trading service due to high demand for cryptocurrencies, including bitcoin. Users of Chipper Cash will be able to buy and sell cryptocurrencies as well as U.S. stocks, such as Tesla, Apple, and Amazon, through the app.

Jeff Bezos-Backed Chipper Cash to Begin Offering Crypto Trading

African cross-border payments startup Chipper Cash has raised $30 million in a Series B funding round. It was led by venture capital firm Ribbit Capital, with the participation of Bezos Expeditions, the personal VC fund of Amazon CEO Jeff Bezos.

Founded in 2018 by Ugandan Ha ... Read more »

Category: News | Views: 74 | Added by: danyagames2007 | Date: 22.11.2020 | Comments (0)

Analytics firm Coinfirm says the US Department of Justice (DOJ)’s seizure of digital assets associated with the now-defunct Silk Road left behind tokens worth millions of dollars. According to Coinfirm, there are still valuable balances held on forked addresses originating from that wallet.

On November 5, the DOJ announced that a hacker known as Individual X had cooperated with law enforcement and agreed to relinquish control of over $1 billion worth of bitcoins. At the time of the seizure of the 69,370 BTC, reported the DOJ confirming that 1HQ3-the address that was controlled by Individual X also contained approximately 69,370 BCH, BTG, and BSV.

However, in its update following “a ... Read more »

Category: News | Views: 54 | Added by: danyagames2007 | Date: 22.11.2020 | Comments (0)

With cryptocurrency prices on the rise, fraudsters are even more incentivized to conduct their operations. The latest in their activities appears to be impersonating one of the most revered platforms in the blockchain and crypto industry.

Public Beware

Public BewareYesterday, the Financial Conduct Authority (FCA) announced in a report that phony actors had impersonated, a notable trading and wallet provider.

The report drew attention to one Blockchain Ltd., a firm which claims to be affiliated with the trading service,

The FCA explained that operates under the umbrella of Blockchain Access U.K. Ltd and Modulr FS Limited, its principal entity. The firm had gotten approval to ... Read more »

Category: News | Views: 38 | Added by: 4zvezda | Date: 22.11.2020 | Comments (0)

The Bitcoin mining giant appoints a new director with a stellar institutional background as stock prices surge.

Last week, as share prices ripped upwards of 50% to levels not seen since the 2018 cryptocurrency bullrun, Riot Blockchain (NASDAQ: RIOT) appointed former director of the listing committee for the Toronto Stock Exchange, Hubert Marleau, to the Riot board of directors. 

The Colorado-based firm was in the market for a new director after the departure of former Canadian Cabinet member Remo Mancini. Marleau brings a wide range of regulatory and governing experience to Riot, having also served as governor of the Montreal and Vancouver stock exchanges. Marleau also boasts a strong academic background, and he currently ... Read more »

Category: News | Views: 56 | Added by: danyagames2007 | Date: 22.11.2020 | Comments (0)

Van Eck's latest research appears to be an effort towards calming investor fears about Bitcoin... as well as the SEC's.

On Friday, investment management firm Van Eck released new research indicating that Bitcoin’s price movements are less volatile than between a quarter and a third of the stocks listed on the S&P 500. 

In a blog post the German issuer of exchange-traded products said that while Bitcoin has long been considered a “nascent and volatile asset outside of the traditional stock and capital markets,” the reality shows that the world’s largest cryptocurrency trades with volatility comparable to that of some of the largest companies in the world.

On a year-to-date basis, ... Read more »

Category: News | Views: 79 | Added by: danyagames2007 | Date: 22.11.2020 | Comments (0)