Latest Evants News

Jon Najarian , co-founder of Market Rebellion and CNBC analyst has revealed the reason why he prefers Bitcoin over other cryptocurrencies. He has made these revelations on the podcast of Anthony Pompliano, Pomp Podcast. He has also made several revelations regarding the reason why huge investors do not reveal their accumulation towards Bitcoin . Jon Najarian also trades other cryptocurrencies Even though Jon Najarian prefers Bitcoin but he has revealed that he also trades other cryptocurrencies. Other cryptocurrencies that he trades include ETH, LTC and XLM. He has specified that he trades around five to ten percent of his portfolio in digital assets, every month. After Bitcoin, the cryptocurrency that he prefers is Ethereum. He has started trading in Bitcoin since the time when it was worth $300 and during that time, he was unaware of its value. He did not even sell his Bitcoin during its all-time high in December 2017 as he expected the price to reach higher. He a...

The major crypto exchange Bitfinex has announced to classify the meme-based altcoin, Dogecoin (DOGE) on its platform . On July 10, while making an  announcement  on Twitter, the crypto exchange has stated that by 8:30 in the morning, it would start supporting Dogecoin on its platform. A week ago, one of the TikTok users started a spontaneous publicity campaign for the meme-based altcoin, which soon experienced a boost in its value. TikTok’s Publicity Campaign For Dogecoin According to a report by Google, the campaign has drawn most people’s attention towards it, now many of the new consumers are trying to i nvest in DOGE . While getting impressed with the campaign, the major crypto exchange decided to step into the trading field and list Dogecoin onto its platform. This move by the TikToker not only was profitable in terms of gaining customers but also for the price gain of Dogecoin. After the video was out, DOGE/USD value reached almost two-years high and on Jul...

Jon Barry Thompson who has been accused of a $7 million crypto fraud might be  proved  guilty in this case. This has been revealed recently that the charges which were brought against him by the U.S. prosecutors might be proved right which will prove him guilty. A letter has been submitted to the court through which the prosecutors are seeking for disposition. Along with this, they have also requested the court to set a date in September 2020 for the same. Back in April 2020, Peggy Cross-Goldenberg, the counsel of Thompson has also indicated towards this disposition . Barry Thompson accused of defrauding customers with fraudulent schemes  Barry Thompson has been accused of defrauding cu stomers through Volantis which was a crypto escrow company. He has defrauded customers for up to $7 million in fraudulent schemes. It has been specified by the prosecutor that in between June and July 2018 he took a total of $3 million from a client. He has defrauded the client...

Ripple along with Siam Commercial Bank , the oldest bank of Thailand, is going to introduce a promotional offer that would reduce the transaction fee in the country while processing the international money transfer . With the help of SCB EASY, the customers would be able to make an international payment, says a report. Recently, the blockchain provider and the SCB has decided to lower the transferring fees from 339baht to 199baht. This promotional offer would allow the SCB customers to send their money in twelve major countries like Portugal, Belgium, Austria, Ireland, Netherlands etc. and it would comprise with the USD, Pounds, Euros and Singapore dollars. SCB Easy Provides 24 Hours Service As soon as SCB was approved to leave the Bank of Thailand (BoT) regulatory sandbox, it introduced the SCB EASY app along with Ripple. The outward payment service has been created to help the citizens of Thailand. This app uses the RippleNet service to help its customers within a...

In response to the law enforcement order, Centre banned  and Ehtereum-based address on its platform which holds $100,000 in USD Coin (USDC). Centre, the company that circulates USDC stablecoin, for the first time released the blacklist function, on June 16. Currently, the law enforcement agency did not reveal the actual reason for the ban, but the Center Consortium has published a statement, which says, “Centre can confirm it blacklisted an address in response to a request from law enforcement. While we cannot comment on the specifics of law enforcement requests, Centre complies with binding court orders that have appropriate jurisdiction over the organization ”. Assumption Being Made Regarding Crypto-Related Theft The spokesperson of Center which is been founded by Circle and Coinbase, Josh Hawkins, has not given any specific detail regarding this recent ban, but it is being assumed that the Ethereum-based address was involved in some other crypto-related theft . W...

Bitcoin is that popula r cryptocurrency which has changed the lives of millions of people across the world. Though Bitcoin has gained huge success and world-wide adoption, people must not have imagined this thing during the time when it was introduced . Back in 2009 when it was launched by Satoshi Nakamoto, most of the people were quite sceptical about it while a very few of them were confident about the success. While creating Bitcoin, the main aim was to build up a system where there will not be any kind of third party intervention. Along with this, it was meant for really fast transactions and highly cost-effective at the same time. However, with the increase in popularity and adoption of the network, it seems that this motive of fast and cost-effective transactions seems to be lacking behind. People have a lot of queries regarding the transactions speed and price of Bitcoin. This is called the Bitcoin scalability problem when the network is able to perform transactions at...

Sterling Daines, the financial crime executive currently of the Credit Suisse would  join Libra Association by the end of the year as the new chief compliance officer . He also is the managing director at the company and have previous stints at Goldman Sachs and also was in close touch with the US government. Libra ✔ @Libra_ We’re pleased to announce the appointment of Sterling Daines as the Association’s Chief Compliance Officer. Sterling brings a wealth of experience in # FinancialServices , # Compliance , and # FinancialIntegrity https:// bit.ly/37htAt6   Libra.org libra.org 151 9:34 PM - Jun 10, 2020 Twitter Ads info and privacy 60 people are talking about this The new move by the Libra association to have a new chief compliance officer doesn't come as a surprise. The Facebook-led project has made many attempts lately to improve its compliance schemes as it is one area where i...

Tezos, an open-source platform, has recently  revealed that it is planning to introduce vanity addresses very soon in the future. The firm has taken inspiration to extend its support for domain names and human-readable addresses. This firm has started planning this after receiving a new proposal from the blockchain community. The leader of Tezos Domains projects, Miroslav Bodeček has recently posted an article in which he has explained the goals of the firm. According to the firm, the http://www.classifiedsciti.com/community/announcements/latest-news-on-cryptocurreny-in-india-1757729.htm standard blockchain address comes as an obstacle while using Tezos as a currency. The reason behind this is that it is not easy to read and memorize those blockchain addresses . Now with the human-r eadable wallet, it will become much easier for the firm to tackle this problem. This proposal by Tezos is a draft Even though the firm is planning to implement this plan, it is not...

              The United States Government has given another contract to Simba Chain which is a startup supported by Defense Advanced Research Projects Agency (DARPA). US Military Authorities Fond Of Simba Chain Simba Chain, the favourite startup of the US military authorities, would now develop a blockchain project for the US Department of Defense (DoD). The DoD rewarded Simba Chain with $200,000 contract so that it could build a proof-of-concept for a blockchain-based system which would be used for securing the management of authority’s research and development documentation . The contract is a Phase I of that contract which comes under the Small Business Innovation Research (SBIR) program. On May 12, 2020, while making the  announcement , DARPA-backed startup stated that as per the contract the would create Authenticity Ledger for Auditable Military Enclaved Data Access (ALAMEDA), a blockchain project, which has been scheduled to ge...