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Technical Analysis March 22, 2018

Our highlight of the day is EOS.  Even if most altcoins as NEO, LTC, Lumens and IOTA didn’t record impressive gains, that surge and close above the middle BB is important. Because of that and the fact that momentum is generally positive for most altcoins including EOS, bulls may as well look for buying opportunities in lower time frames. Let’s ...

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Hong Kong’s Securities and Futures Commission Halts Black Cell ICO

Hong Kong’s securities watchdog, the Securities and Futures Commission (SFC), has interfered with the initial coin offering (ICO) of Black Cell Technology Ltd., ordering the firm to halt the sale of its digital currency to Hong Kong buyers. According to the SFC, Black Cell had engaged in “potential unauthorized promotional activities and unlicensed regulated activities.” In response, Black Cell Technology halted ...

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Judge Sentences Five University of Manchester Students Who Sold Millions of Dollars of Drugs on the Dark Web

Five students from the University of Manchester who sold more than £800,000 ($1.12 million) worth of drugs on the dark web using Bitcoin have been sentenced and jailed — the ringleader, Basil Assaf, has received 15 years and three months.   Assaf and his accomplice James Roden were arrested at their Manchester city centre flat on the day the FBI shut down Silk Road in ...

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Twitter CEO Believes Bitcoin Will Emerge as a Single Currency for the Whole World

Twitter and Square CEO, Jack Dorsey, makes no secret of his love for Bitcoin. The tech entrepreneur has recently launched Bitcoin buying and selling options on his company’s “Cash” application, invested personal money in the development of the Lightning Network, and now claims that one day in the not-too-distant-future, Bitcoin will be a single currency for the entire planet. Bitcoin: ...

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Is Venezuela’s “Petro” Digital Currency a Russian-Backed Move Against the US?

Time has discovered evidence to suggest that the Venezuelan oil-backed digital currency, “El Petro”, was helped into existence by Russian officials, bankers, and businessmen. It’s believed that Russia wants to use the currency as an experiment in dodging US sanctions placed against the Eastern power. Digital Currency Cannot be Controlled Like Traditional Cash Can The Russian involvement in the setting ...

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British Teenager Exposes Vulnerability in Ledger’s Nano S Cryptocurrency Wallet

According to his blog, British teenager Saleem Rashid has written code that gives him back door access to the Ledger Nano S, a $100 cryptocurrency storage device that is used by millions around the globe. As per Rashid’s findings, the vulnerability would permit a hacker to drain the wallet of funds. This is particularly of note because Ledger is a trusted name and ...

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Saifu’s Cybersecurity Fundamentals – Evgeny Vigovsky & Thales

Saifu is a crypto-financial platform that offers fiat and cryptocurrency integrated into one account. Their goal is to bring cryptocurrencies mainstream, and they pride themselves on being easy, secure, and regulated. In the second department, they boast two cybersecurity powerhouses: international security giant Thales, and former Head of DDoS protection at Kaspersky Labs, Evgeny Vigovsky. Together, they provide bank-grade protection ...

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“Cryptocurrency Is Not Money”, Says Russia

The Russian Parliament is about to pass a draft bill on cryptocurrencies and digital tokens in which they are considered assets. Unfortunately, locals and tourists won’t be able to pay for goods and services using cryptocurrencies in Russia. Russian Parliament To Regulate Cryptocurrencies The bill outlines the legal framework for mining and blockchain-based transactions and legalizes terms such as “digital ...

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Coca-Cola Taps Blockchain to end Supply Chain Forced Labor

Blockchain technology has a lot of different purposes in the real world. Outside of the financial sector, there are dozens of opportunities waiting to be explored. Coca-Cola and the US State Department are looking into distributed ledgers as we speak. This technology is of great interest to them in terms of addressing forced labor. Coca-Cola and Blockchain Technology Major brand ...

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Biotron’s First Products Use Location Intelligence

Data analytics platform Biotron has developed a compelling go-to-market strategy that rewards users before they even start sharing their data through its mobile application and other tools. The business will use location intelligence to provide brands with insights into their customer base and analytics of their retail chain. In return, users get shares of the revenue before they join the ...

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