Chinese Courts Using Blockchain To Secure Sealed Property

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A number of Chinese courts have reportedly used a designated blockchain-based technology to secure and monitor sealed properties. The so-called electronic door seals are now up for a trial in some of the country’s legal institutions, allowing surveillance, based on the novel technology. Electronic Seals To Keep Properties Safe A recent report announced that the novice practice based on blockchain technology...

Bitcoin Gains $350 Intraday as Stock Futures in Green: Monday’s Price Watch

Bitcoin was trading in a tight range over the past range, but the last few hours were marked with notable volatility. The price tumbled to $8,893 on Binance, but it bounced back to $9,240, charting gains of about $350. This happened as futures for legacy market indices and stocks are also trading in the green with slight increases of about...

Litecoin Mimblewimble Still On Track For September Testnet

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Development updates from the Litecoin camp have been pretty thin on the ground recently as DeFi has been taking the crypto limelight. The good news is that the project’s scaling and privacy protocol, Mimblewimble, is still on track. Lead developer David Burkett recently posted the project’s June progress update, which confirmed that it is still on track for a testnet...

Brock Pierce Announces He Will Run In The 2020 US Presidential Elections

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Another popular figure in the cryptocurrency field has decided to take his chances with the 2020 US Presidential Elections. According to a press release, Pierce will be running as an Independent candidate for the elections that are to take place on November 3rd this year. Brock Pierce’s Presidential Race In a somewhat interesting turn of events, the co-founder of EOS Alliance and...

VeChain Price Analysis: Sky is The Limit as VET Charts 65% Gains in 7 Days

VET saw a massive price surge over the past 24 hours as the cryptocurrency reached $0.0168. The coin has been on a rampage this week after exploding by a total of 65%. Against Bitcoin, VET created a fresh 19-month high as it reached the 180 SAT level. Key Support & Resistance Levels VET/USD: Support: $0.0136, $0.011, $0.01. Resistance: $0.0152, $0.0161, $0.018. VET/BTC: Support: 150 SAT, 130 SAT,...

Hackers Exploit Vulnerability in Ravencoin Protocol to Mint 315 Million Fake RVN Coins

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Ravencoin is the latest altcoin project to suffer an inflation bug, after discovering an attack that saw rogue actors mint 315 million counterfeit RVN tokens.  Ravencoin Suffers Inflation Bug The Ravecoin network announced the news of the attack via a Medium blog post on Thursday (July 2, 2020). According to the post, the CryptoScope team alerted Ravencoin to the incident. Both...

2.6 Million Citizens Own Cryptocurrencies, UK’s FCA Reports

In its most comprehensive report on cryptocurrencies to date, the UK Financial Conduct Authority (FCA) outlined that they have increased in popularity and ownership since 2018, with up to 2.6 million people on the island holding digital assets. The UK Watchdogs Advance On Crypto According to the report from the FCA published earlier this week, the UK population and local authorities...

Bitcoin Price Analysis: BTC Anticipates Huge Upcoming Move To End This Uncommon Stability

For the past ten days, the Bitcoin price was trading mostly inside a $200 range between $9000 and $9200. This behavior is very uncommon to a volatile asset such as Bitcoin. Some technical signs point on an end to this saga very soon, probably as the new week starts. Bitcoin Recent Price Action As can be seen on the following 4-hour chart,...

You Can Now Withdraw TRON (TRX) From Over 13,000 ATMs In South Korea

The tentacles of the TRON ecosystem continue to extend their reach across the globe. The latest endeavor has seen TRON join forces with MeconCash, making TRX and JST exchangeable for Korean Won at cash points across the country. More than 13,000 ATMs will support the crypto-fiat swaps as TRON seeks to seal its status as versatile digital cash for the...

Bitcoin Up By 78% from March but Spot Volumes are Down 28%; Increased HODLing Confirmed

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Bitcoin’s average monthly price has appreciated by almost 80 percent since March’s Black Thursday crash. But as per the latest data from CoinGecko, spot trading volumes have gone down by 28 percent quarter on quarter. Are BTC investors holding more than trading? Bitcoin Price is Up, While Trading Volumes are Down CoinGecko shared Part 1 of its Q2 2020 quarterly crypto...