The KIN token, released in 2017, is Kik Interactive Inc. commented on the actions of the US Securities and Exchange Commission (SEC), releasing a press release. In response to the SEC's accusations of an unregistered securities issue, Kik CEO Ted Livingston said: “We have been expecting this for quite some time and welcome the opportunity to fight for the future of cryptocurrencies in the United States. We […]
Author: BlockchainJournal
Traditionally, the cryptocurrency market is characterized as high-risk, volatile, with often changing trends. This creates a high emotional threshold for entry into the market of investors in their classic sense. Cryptocurrency investments are the territory of professional traders and hedge fund managers, with their own rules and laws. Having decided to make money on the course speculation both in the short and long term, the private investor gets involved in the fight against a pre-losing position. To win a jackpot, beating a professional on its territory, it turns out only among incredible lucky people or people with unpredictable logic that…
Badger Wallet, a Bitcoin Cash wallet from Bitcoin.com, is now also available for gadget holders that operate on the iOS operating system. Earlier Badger Wallet was only available in the desktop version. Now, users not only of Chrome and Firefox browsers, but also Android devices will be able to store, receive and send BCH tools, as well as tokens that use the Simple Ledger Protocol (SLP). The Badger wallet for smartphones involves several of the same features that are presented in the desktop version, we are talking about storing data in the blockchain, controlling the full client, storing Bitcoin Cash…
Futures reports are a useful tool for traders that helps to capture the mood among major players and complement the vision of the market situation. On what mood reigns in the camp of the "pillars" of the market Bitcoins , told an analyst Dmitry Perepelkin and head of department of communications Inception Fund Ekaterina Skobitskaya. In the period that covers the weekly report from May 21 to May 28, a new gap in bitcoin futures on the CME was formed. On the graph above, I visually displayed this situation. Let me remind you that, historically, gaps show excellent training. This…
The US Securities and Exchange Commission (SEC) filed a lawsuit against the company-developer of instant messenger Kik, accusing it that during the ICO in 2017, she led an unregistered sale of securities. It is reported by CoinDesk. In particular, the Canadian Kik Interactive Inc. accused of violating the provisions of section 5 of the Securities Act of 1933, in accordance with […]
The Federal Bureau of Investigation (FBI) appealed to former QuadrigaCX users of the Bitcoin exchange, who suffered as a result of its collapse, to help with establishing the circumstances of the incident. Reported by the Cointelegraph. In particular, a questionnaire has been published on the agency’s website, the answers to which the FBI plans to use as part of an ongoing investigation. Among other things, users are asked to report logins on QuadrigaCX and clarify whether they passed […]
Binance, the second largest crypto-exchange in terms of trading volumes worldwide, announced the launch of the Trust Wallet wallet for its decentralized Binance DEX trading platform. Recall that Binance acquired Trust Wallet last summer. Initially, the wallet supported ETH, as well as ERC-20 standard tokens. Now Binance has a goal that makes Trust Wallet the default wallet for the decentralized Binance DEX exchange, on which developers are still working. After acquiring Trust Wallet, Binance representatives worked on supporting a purse of even more cryptocurrencies. In the future, Trust Wallet is expected to support tokens that use the PoS (Proof-of-Stake) algorithm.…
Today, the team of developers of the project Monero Outreach, together with the company Arweave, presented a new mining algorithm called RandomX, which is resistant to ASIC devices. In Monero Outreach they hope that RandomX will assist in the company's intentions to prevent the mining giants from dominating in the Monero ecosystem. Monero developers are committed to supporting mining through the use of a GPU, unlike other projects that promote privacy, such as Zcash and Dash. The project actively fought with the manufacturers of ASIC, but all the efforts of the developers assumed only temporary success. The new RandomX algorithm…
Commissioner for the Securities and Exchange Commission of the United States (SEC) Hester Pierce said that her office was too cautious about the approval of exchange-traded funds (ETF) based on cryptocurrency , and called for speeding up the process. Reports about it Financial Times. Last month, Pierce has already said that the SEC "stifles the ETF with its personal attention, as if talking about babies." At the moment, asset managers who intend to launch an ETF must apply in accordance with the Investment Company Act (1940), which, according to many experts, is quite strict regarding cryptocurrency funds. Note that Pierce…
On the night from Monday to Tuesday, the Bitcoin flagship cryptocurrency exchange rate again dropped below $ 8,000. At about 02:00 (Moscow time) the BTC was still trading around $ 8,500, after which a rapid price reduction began. Within an hour, the cryptocurrency lost more than $ 500, in general, in more than 2 hours, BTC lost $ 700. It is noteworthy that the collapse was accompanied by an increase in BTC trading volume – the figure reached $ 21.5 billion. Meanwhile, large altcoins also showed a decline. The course Ethereum, Bitcoin Cash, Litecoin, Binance Coin has fallen somewhere around…