How Blockchain Technology Can Combat the Flow of Counterfeit Goods

Join our community of 10 000 traders on Hacked.com for just $39 per month. Leveraging blockchain technology can help improve supply chain management and shipping as well as help protect United States companies from pirated products shipped from other countries which are causing unfair competition and disrupting markets. This claim emerged from presentations and testimonies from experts who spoke at the Congressional hearing of the United States Subcommittee on Oversight and Subcommittee on Research and Technology on Tuesday. The hearing focused on leveraging blockchain technology to improve supply chain management…

IBM And NGO Global Citizen Announce Contest For Blockchain Charity Platform

American multinational technology giant IBM has partnered with Global Citizen, an NGO dedicated to alleviating poverty, to sponsor a contest for a charity donation blockchain platform, a blog announcement states May 11. According to the statement from IBM, one challenge that faces philanthropic organizations is ensuring that donated funds are utilized in an effective and efficient manner, which is true to the mission of the organization. The press release states: “If we are going to solve societal issues such as extreme poverty or infectious disease, we need to make sure…

Cryptocurrency Ecosystem Allows Newcomers To Copy Trades By Professionals

A new ecosystem is bringing together professional traders, cryptocurrency holders and first-time investors in the crypto market – with the platform offering “tailor-made products” for each of them. Tradelize says it has divided its software into specific layers, enabling users with varying levels of experience to find the service that fits their particular needs. For professional traders who know their way around exchanges, Tradelize.terminal provides “sophisticated digital tools” that enables them to analyze data quickly without having to gather intelligence from multiple sources. The company says even seasoned investors are…

UK-Based Crypto Trading Platform Launches “First Regulated” Ethereum Futures

Crypto Facilities, a UK-based cryptocurrency trading platform, has launched the “first regulated” futures contracts for Ethereum (ETH), the world’s second largest digital currency by market capitalization, according to a press-release May 11. Crypto Facilities, which is regulated by the Financial Conduct Authority (FCA) in the UK, started trading Ethereum derivatives contracts Friday at 4 p.m. UK time. The products will enable investors to take a long or short position on the cryptocurrency, which will reportedly allow them to “broaden investment opportunities and manage risks more effectively.” With ETH futures, the…

Adena Friedman Nasdaq CEO | Crypto’s Are The “Right Next Step”

Speaking on the latest episode of CNN podcast “Boss Files”, Adena Friedman, CEO of Nasdaq gave an indication of her optimistic position regarding the future perspectives for cryptocurrencies. The famous businessperson and female inspirational figure mentioned that according to her perceptions, the use of cryptos could represent an evolution or at least an important innovation in the way traditional finance is handled. “Do I think digital currency plays a role in the economy of the future? I think the answer is probably yes” In a segment of the interview devoted…

Top Crypto News | May 7

The second week of May is over, and a lot went down. Especially in the crypto industry. There’s some stuff the crypto community will want to reflect on over the weekend; so, here is this week’s top crypto news.  Top Crypto News | May 7 – May 11  Monday The crypto markets started out on Monday as a sea of red. Dash (DASH), Ethereum (ETH), and Decred (DCR) were all down. So were Cardano (ADA), Tron (TRX), and Litecoin (LTC). Monday saw announcements like Circle adding Monero (XMR) to its investment…

Bank Of Canada Says Blockchain Effective For Securities Settlements, Questions ‘Benefits’

Canada’s central bank, Toronto Stock Exchange operator TMX Group, and non-profit organization Payments Canada, completed tests showing blockchain can be used for instantaneous securities settlements, Reuters reports today, May 11. The three companies concluded that blockchain, the technology originally developed for cryptocurrencies such as Bitcoin (BTC), is usable for automating securities settlements in real time. Both cash and assets can effectively be “tokenized” for instant exchange. Gerry Gaetz, president and CEO of Payments Canada, told Reuters: “This shows that it is possible to deliver payments in a way that has…

‘Flippening’ Between Bitcoin & Ethereum Will Happen in 2018: Roger Ver

Join our community of 10 000 traders on Hacked.com for just $39 per month. Bitcoin cash promoter Roger Ver believes BCH will one day overtake BTC to become the world’s most valuable cryptocurrency. But before that happens, he believes ethereum will take bitcoin’s crypto-crown. Ver, once known as “Bitcoin Jesus,” told The Independent that so-called technologically superior cryptocurrencies like ethereum and bitcoin cash will surpass bitcoin in value in the coming months and years. Ver sees ethereum surpassing bitcoin by year’s end and bitcoin cash by 2020. Analysts refer to…

The Planet Uranus Told This Ex-NFL Star to Buy Bitcoin — and He Listened

Join our community of 10 000 traders on Hacked.com for just $39 per month. Ricky Williams is a former NFL star, and now he’s looking to the stars for investment advice. It’s not unusual for professional athletes to turn to financial services after earning millions of dollars in their career and looking for ways to manage it. For Williams, a former Heisman Trophy winner, the future is in astrology, and when he looked up, the stars aligned for him to buy cryptocurrencies. Williams told CNBC: “When I look at things,…

Facebook ‘Exploring’ Making Its Own Cryptocurrency, Media Report

Facebook is reportedly “exploring” the creation of its own cryptocurrency, news media outlet Cheddar reported May 11. According to Cheddar’s anonymous sources, people “familiar with Facebook’s plans,” the social media giant is “very serious” about plans to launch an in-app virtual coin. The unconfirmed information comes the same week the platform announced that David Marcus, head of its Messenger app, would transfer to heading a dedicated blockchain research group. Marcus’ appointment to Blockchain operations was immediately conspicuous, the executive previously having worked in the finance sphere for PayPal and subsequently…