Anthony Pompliano’s Morgan Creek Digital Capital makes strategic investment propagating mass crypto adoption

The cryptocurrency market was helped along in its pursuit of mass adoption, with many proponents of the space lending a helping hand. The latest news about the bigger players in the cryptoverse included the tie-up between Morgan Creek Digital Capital and Ikigai Asset Management.
The official release stated,
“Morgan Creek Digital announced today that it will be the lead anchor investor in Ikigai Asset Management’s flagship fund focused on executing systematic and fundamental liquid hedge fund strategies as well as opportunistic venture-stage crypto asset investments. Ikigai is a crypto asset management firm launched in December 2018 by former Point72 Portfolio Manager Travis Kling and partners Timothy Lewis, and Anthony Emtman.”
Morgan Creek Digital partner, Anthony Pompliano, is a voracious supporter of Bitcoin, and has held a bullish viewpoint about the world’s largest cryptocurrency. Post the partnership with Ikigai, Pompliano talked about the company’s  positive devleopments, and claimed that they were well-positioned to capture the outstanding returns brought by cryptocurrencies in the coming future.
Ikigai Chief Investment Officer Travis Kling said,
“DLT and crypto assets are fundamentally changing our world. We are honored to receive this investment from Morgan Creek Digital and look forward to working closely together with Mark, Jason, and Pomp in this exciting arena.”
Pompliano recently sat down with Galaxy Digital’s Mike Novogratz to discuss elements like liquidity, trust and custody that need to be given a boost. Novogratz stated that the cryptocurrency market was presently a booming place of business, especially with the entry of companies like JP Morgan, Telegram and Facebook. He further claimed that it was a big opportunity to invest, with Wall Street sentiments changing. The Galaxy Digital CEO added,
“Wall street earlier thought that you shouldn’t take risks on something small like cryptocurrencies. They are getting close though, not doing anything but are getting really ready. We are anyway working hard on the security token business and I promise you this, the upcoming tokens and ICOs will be a lot bigger but less sexy.”
 
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Source: AMB Crypto

Bitcoin [BTC/USD] Price Analysis: Cryptocurrency fails to capitalize $4,000 breach as prices fluctuate negatively

Bitcoin [BTC]’s resurgence above the $4,000-mark made headlines across the cryptosphere, with many proponents of the space speculating its escape from the bear’s territory. Bitcoin’s rise has not resulted in an equal increase among other cryptocurrencies though as Ethereum [ETH], XRP and Tron [TRX] are still struggling to increase their prices as well as market cap.
1-hour:
Source: Trading View
The one-hour chart of Bitcoin displayed an uptrend which was the main reason for the price increase from $3,853.42 to $3,971.36. The short-term support was at $3,832.4, while the resistance held at $4,012.91.
The Relative Strength Index fell from the overbought zone, which meant that the buying pressure was losing the race to the selling pressure.
The amplitude of the Awesome Oscillator was comparatively lower than the earlier time period, a sign of the reduced market momentum in the Bitcoin market.
The MACD indicator showed the signal line and the MACD line meeting at the same point after a bearish crossover. The MACD histogram was almost negligible.
1-day:
Source: Trading View
Bitcoin’s one-day graph painted a picture opposite to that of the one-hour graph as the downtrend lowered the price from $6,309.50 to $4,022. The long-term support was at $3,166.52.
The Parabolic SAR was above the price candles at the time of writing, which meant that Bitcoin was still stuck in the bear’s territory.
The Chaikin Money Flow indicator was above the zero-line as the capital coming into the market was more than the capital leaving the market.
Conclusion:
The above-mentioned indicators stated that Bitcoin has not enjoyed any bullish gains after breaching the $4,000-mark. The charts also pointed at the fact that the bear’s hold on the market would continue.
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Source: AMB Crypto

BTC-e main accused Alexander Vinnik continues hunger strike as maximum term time is exceeded

The world of cryptocurrencies has seen several positives in terms of developments and updates, but it has also witnessed a startling number of people taking advantage of its anonymity and decentralization. One of the prime examples of such frauds was BTC-e and its founder Alexander Vinnik, who was arrested in connection with a $4 billion money laundering scandal.
As per latest reports, Vinnik, who started a hunger strike in protest of the continued delay in court decisions, has reached the 88th day of his strike. According to reports, Vinnik already exceeded the maximum term in such legal cases with no impending court decisions on the way. Speaking to RT, Vinnik said:
“Yes, I am in pain, my body hurts and my soul hurts. I have to be very disciplined here and cannot shout or curse at the guards in Greek.”
Vinnik has been in custody for 19 months now and many say that he should have been released after 18 months barring a court decision that never came. Vinnik’s lawyer stated:
“Vinnik is not supposed to be in jail right now. Many businessmen used the exchange to sidestep legal authorities and many of the charges on him were not illegal at the time of Vinnik’s arrest.”
Last year, many countries requested the Greek government for his extradition as France and Russia clamored for it the most. Vinnik was arrested in 2017 while he was vacationing in Greece with 21 criminal charges leveled against him. Brian Stretch, the US prosecutor during the trial stated:
“Cryptocurrencies such as Bitcoin provide people around the world new and innovative ways of engaging in legitimate commerce. As this case demonstrates, however, just as new computer technologies continue to change the way we engage each other and experience the world, so too will criminals subvert these new technologies to serve their own nefarious purposes.”
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Source: AMB Crypto

Bitcoin Cash [BCH]: UnitedCorp files opposition to dismiss against Roger Ver, Bitmain and Kraken in hard fork fraud claims

The Bitcoin Cash [BCH] hard fork that occurred on November 15, 2018, captured multiple headlines with many marking it a major event in the field of cryptocurrencies. The hard fork is the one that resulted in the split of the BCH blockchain to give birth to two different cryptocurrencies: Bitcoin Cash [BCH] and Bitcoin SV [BSV].
The fork was dominated by two camps, the Bitcoin ABC team led by Roger Ver and Bitmain’s Jihan Wu while the Bitcoin SV was led by nChain’s Craig Wright and Calvin Ayre. Post the fork, Ver and Wu were both sued by United Corp, an American management company who claimed that the ABC camp including popular cryptocurrency exchange Kraken, had flouted rules and regulations to benefit from the fork. The initial lawsuit said:
“The defendants [Bitmain, Bitcoin.com, Roger Ver and Kraken] collectively engaged in unfair methods of competition and through a series of unconscionable, deceptive and unfair practices, manipulated the Bitcoin Cash network for their benefit and to the detriment of UnitedCorp and other Bitcoin Cash stakeholders.”
The lawsuit was refuted by the alleged parties, citing lack of evidence and bogus claims. Following this, UnitedCorp has filed a new opposition to dismiss in its lawsuit. The company challenged the defendants to explain their actions under oath and stated that they will pursue discovery by way of deposition or under subpoena of the defendants.
The latest lawsuit made it the first antitrust action brought in the United States that involves the cryptocurrency industry. The new release from the company said:
“Miami‐based United American Corp announced today that their legal counsel Akerman LLP has filed a Consolidated Opposition to Defendant’s Motions to Dismiss Complaint in its suit against Bitmain Group, Bitcoin.com, Roger Ver, Jihan Wu, Kraken, Jesse Powell, Amaury Sechet, Shammah Chancellor and Jason Cox (the “Defendants”). The opposition was filed after the Defendants filed a motion to dismiss the UnitedCorp action on February 1st 2019.”
UnitedCorp also specifically pointed out to Bitmain’s usage of the Overt ASICBoost as a method to enhance Bitcoin ABC’s version of the fork. The company further stated that the firmware was made available in advance of the last Bitcoin Cash update by Bitmain only to Bitcoin ABC-supported pools, which are operated by the Roger Ver owned Bitcoin.com. The lawsuit also added:
“UnitedCorp alleges that these activities are evidence of not only a violation of the accepted standards and protocols associated with Bitcoin since its inception, but a violation of US antitrust laws including parts of the Sherman Act.”
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Source: AMB Crypto

Tron [TRX/USD] Price Analysis: Bearish future predicted as coin price holds steady

Bitcoin’s [BTC] breach of the elusive $4,000 mark was expected to give a boost to the rest of the cryptocurrency market. However, it only resulted in a few, sporadic bullish rises within the spectrum. Coins like XRP and Tron [TRX] suffered under the weight of the bear, as the prolonged downturn refused to reverse itself.
1-hour
Source: TradingView
The one-hour chart for Tron [TRX] displayed a slight uptrend, causing the price to increase from $0.0223 to $0.0229. The support held strong at $0.0223, while the resistance was at $0.0239.
The Parabolic SAR was above the price candles, suggesting that Tron was going through a bearish phase.
The Bollinger Bands were moving parallelly, due to the price candles fluctuating consistently between fixed points. This suggested a lack of volatility in the coin market.
The Chaikin Money Flow indicator crashed towards the bottom of the graph, a sign of the capital leaving the market being more than the capital coming into the market.
1-day
Source: TradingView
Tron’s one-day chart painted a similar picture to that of the one-hour chart, with an uptrend lifting the price from $0.013 to $0.023. The long-term support was set at $0.0116.
The Relative Strength Index flattened in the middle of the graph, signifying the equilibrium between the buying and selling pressure.
The Awesome Oscillator was in a lull due to the reduced market momentum in the Tron ecosystem.
The MACD indicator showed the signal line and the MACD line moving in a conjoined manner, while the histogram was largely painted red.
Conclusion
All the above-mentioned indicators suggested that despite Tron’s uptrends, chances of the price shooting up were low, owing to the lack of market momentum.
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Source: AMB Crypto

‘The IBM Blockchain World Wire will be a paradigm shift for the payments ecosystem’, says IBM Head of Blockchain Solutions

Cryptocurrency companies have worked with the focus of transferring the benefits of digital assets and blockchain technologies into institutional bodies for a better working ecosystem. This was made evident with the introduction of the IBM Blockchain World Wire, a blockchain based network created by the technology giant to make cross border transactions more feasible.
In a video by IBM, Jesse Lund, the Head of Blockchain Solutions at the company, spoke about the benefits of the World Wire and what it means in terms of a global payments scale. Lund stated that over the last twenty years, just like how the internet brought people and services together, IBM plans to do the same with cross border payments and financial institutions. He admitted that the financial infrastructure has not changed for the last 50 years and that global users expect the technology to catch up with other global developments. Lund went on to say:
“The problem with global payments is that they are slow due to the friction generated by different intermediaries. This affects the end user significantly because in the end all they require is the money to reach them. This becomes even more profound for businesses who want to manage their cash flow.”
The IBM official said that the tipping point in terms of technology is coming and that the introduction of blockchain technology changes the dynamic of the financial industry. Lund claimed that the IBM Blockchain World Wire will remove the intermediaries, reduce friction and lower the transaction cost and time. He further added that the novelty of IBM’s new initiative lies in the fact that payment instructions and the actual money moved together as a sequenced set of data. The Blockchain Solutions Head also said:
“We hope to see a global financial network that will facilitate moving money from anywhere to anywhere and that is one of the most exciting concepts that we can work with right now. Just like the internet was a paradigm shift, the introduction of the World Wire is aimed to conduct the next paradigm shift in the world of finance.”
IBM’s World Wire grabbed headlines on March 19, with plans to launch in more than 72 countries. During the launch, Jesse Lund had stated:
“IBM is announcing that it is open for business in payments was support for 72 countries, 47 distinct currencies and 44 unique banking endpoints and a wide range of pay in and pay out locations around the world.”
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Source: AMB Crypto

Tron’s [TRX] Justin Sun says competing with Vitalik Buterin was good for cryptosphere

Mass adoption has been the cryptocurrency market’s key focus area for quite some time, with several proponents of the space reiterating the same as well. The most vocal luminaries of the cryptosphere have been Justin Sun, the CEO of the Tron Foundation, and Vitalik Buterin, the Co-founder of Ethereum.
In a video uploaded by CNBC’s Cryptotrader, Ran NeuNer spoke about the Token 2049 conference that included seminars by Justin Sun, as well as Vitalik Buterin. Justin Sun spoke not only about the organisation’s plans to bring more users to its fold, but also about the Foundation’s future. The Tron CEO talked about his ongoing tussle with Vitalik Buterin, candidly admitting that the arguments between the two have produced good developments for the space. In his words,
“The competition between the both of us is for the good of the space. We have also noticed that only good progress comes out of our talks.”
Sun also revealed that the Tron Foundation had roped in 5000 developers this year, with many more in the pipeline. He was asked whether his company’s multiple updates was a marketing ploy, to which Justin Sun replied that it was not the case. He said,
“The Tron blockchain has a better department, is faster and has a lot more users compared to the OMNI blockchain. You also have to understand that the transactions on the Tron blockchain are free.”
Admitting that mass adoption was a challenge, Sun said that the arrival of BitTorrent was a major boost with its user base of more than a 100 million active users. According to Sun, the 100 million users in the BitTorrent ecosystem have been integrated into the Tron ecosystem. The Tron Foundation official added,
“It is not just the number of user but it is also about the core developments that is happening in Tron. We have real TPS and real transactions with 3-5 DApps coming into the Tron blockchain everyday.”
Tron’s DApp development was also elaborated about in the Tron weekly report recently, which said that the market favoured gambling apps, and the ROI Apps, a high risk application.
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Source: AMB Crypto

Bitcoin Cash’s Roger Ver discusses BCH’s spread in Canada and censorship-resistant social media apps

One of the most popular and significant luminaries of the cryptocurrency field, Roger Ver, the CEO of Bitcoin.com, and an avid Bitcoin Cash [BCH] supporter, recently talked about new technologies integrated with BCH, in a recent video from Bitcoin.com.
The CEO talked about Memo Cash, an application that lets users bypass censorship on Twitter. It was also revealed that the company released an Android app with an iOS application to be released soon. In his words,
“The application also has a faucet that provides users with a few BCH to get started. This is also good news for users who have been complaining about censorship on social media handles, the blockchain service social media age is here.”
Ver also discussed LocalBitcoin adding Bitcoin Cash to 140 Canadian ATMs. LocalBitcoin is the same portal that spoke about the fall in Bitcoin transaction volumes in Venezuela and its neighboring countries.
The BCH proponent opined that the move will benefit Canadians, especially with the fall of QuadrigaCX. The latest reports from QuadrigaCX suggest that its late CEO facilitated withdrawals using personal funds, back in 2018. The late CEO’s wife Jennifer Robertson had said,
“I believe Gerry had the best interests of the business in mind and cared for his customers.”
Roger Ver was an active participant in the cryptosphere and had made several comments supporting BCH and undermining Bitcoin in the past. Recently, he had tweeted,
“Altcoins became BTC’s layer two solution.”
He even echoed the statements made by Gabriel Cardona, the Director of Developer Services and Head of R&D at BCH, who had called the second layer of Bitcoin an “absolutely horrible user experience.”
Not all Bitcoin supporters took Ver’s tweet lightly, with francispouliot, a Twitter user, saying,
“Literally not layers of the object but distinct objects from said object. With all the random non-sensical quotes you post, I wouldn’t be surprised if one day you tweeted out a valid one.”
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Source: AMB Crypto

Tron [TRX] Weekly Report: Justin Sun-led company reveals DApp numbers and BTT airdrop statistics

Tron [TRX] and Justin Sun, the Chief Executive Officer [CEO] of the Tron Foundation, capture headlines regularly due to the sheer number of developments in the roster. This was made clear by Tron’s latest weekly report, which touched on the happenings within the Tron spectrum.
Tron announced that it had designed the deferred transaction model, and finished the update on the solidity compiler version. The company also revealed that a wallet feature for anonymous transactions was being developed, along with sidechain infrastructure for smart contracts.
The weekly report did not fail to talk about BitTorrent, one of Tron’s biggest acquisitions. The report stated,
“BTT is now listed on 35 exchanges including Binance, OKEx, Bittrex and Huobi. Other exchanges included Coinsport, BitForex, Changelly and Bitpie.”
Tron further talked about the second Tron airdrop which oversaw the distribution of 990,000,000 BTT, in less than 3 hours. One of Tron’s main forte is the Tron Developer Community and in terms of TronGrid, the API layer reported that the TrongGrid JS testing was successfully completed.
Data architecture layer resolved database deadlock and overwrite, and implemented read API for accounts/assets. The Block parser layer performed an integration test for accounts and assets, while the data output from the new event plugin was investigated.
Tron was also in the news recently when a DApp review stated that on 16 March, the transaction volume for Tron was more than that of Ethereum and EOS combined. The tweet read,
“As we forcasted on yesterday’s tweet, #TRON volume txn surpass $100 million on Mar 16, namely 5 times more than the sum of #ETH and #EOS.”
Tron posted $102.685 million worth of transactions, while EOS and Ethereum combined held a total volume of $19.601 million. Post the revelation, users in the community expressed their joy, with one Twitter user commenting,
“Often true fundamental value for an asset is not realised until some time later…. $trx should be worth a lot more than what it is at the moment but in due time I think it will re-rate.”
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Source: AMB Crypto

Tron [TRX] posts transaction volume 5 times greater than Ethereum [ETH] and EOS combined

Tron’s rapid developments and updates have consistently made headlines, with several users coming out in support of the currency and calling it the foundation of ‘Web 4.0’. The Tron Foundation also ensured that it stays ahead of its competitors such as Ethereum and EOS, as evidenced by the latest DApp review.
On March 17, DApp Review tweeted that Tron’s transnational volume on March 16 had surpassed that of EOS and Ethereum’s, by 5 times. The tweet read,
“As we forcasted on yesterday’s tweet, #TRON volume txn surpass $100 million on Mar 16, namely 5 times more than the sum of #ETH and #EOS.”
While Tron posted $102.685 million worth of transactions, EOS and Ethereum both clocked $15.631 million and $3.970 million worth of transactions, respectively. After the latest news, Tronics were elated on Twitter, with Rylis, a Twitter user, commenting,
“#TRX should be at 14 billion market cap not #eth in that case . #trx #TRONDApps”
To this, Christian Testore, another Tronic replied,
“Often true fundamental value for an asset is not realised until some time later…. $trx should be worth a lot more than what it is at the moment but in due time I think it will re-rate.”
This is not the first time Tron surpassed both its competitors. It had been previously reported that Tron clocked more DApps than Ethereum and EOS combined. During the time period between March 3-5, Tron’s transaction volume was a whopping $43.616 million, while EOS and Ethereum posted $11.617 million and $4.408 million, respectively.
Many attribute Tron’s increasing volumes to its consistent evolution in the DApp sphere, an area also occupied by EOS and Ethereum. According to reports presented by the Tron Foundation, the organization listed out the breakdown of its DApps, and its unassailable lead in the market. Tron’s weekly report read,
“According to tron.app , as of this week, #TRON has over 187 #Dapps with more than 464 smart contracts. There are 10 decentralized exchanges (DEX) on TRON, 6 collection games, 40 tool Dapps and 4 candybox projects. #TRX $TRX”
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Source: AMB Crypto

Tron [TRX/USD] Price Analysis: Coin shows lack of bullish signals despite BTC staying above $4000

The cryptocurrency market and its sporadic behavior did not stop this week, as prices fluctuated between the territories of the bear and the bull. Bitcoin [BTC], the largest cryptocurrency in the market, which at the time of writing was above the $4000 mark, did not stop other cryptocurrencies like Ethereum [ETH], XRP and Tron [TRX] from settling into a sideways price movement.
1 hour
Source: TradingView
The one-hour chart for Tron showed an uptrend that was a result of a consistent sideways movement, coupled with sporadic bullish rises. The price hike lifted Tron from $0.0223 to $0.0233, while the support was at $0.0221 and the resistance held at $0.0239.
The Awesome Oscillator displayed reduced amplitude due to the lack of market momentum in the Tron market.
The Relative Strength Index was closer to the oversold zone, than the overbought zone, an indication of the selling pressure being more than the buying pressure.
The MACD indicator was close to the axis after the MACD line and the signal line moved as a conjoined pair. The MACD histogram also pointed to a lull in the market, with a mix of bullish and bearish signals.
1 day
Source: TradingView
Tron’s one-day graph was similar to that of the one-hour chart, as the uptrend took the price from $0.0133 to 40.0225, while the long term support held at $0.0117.
The Parabolic SAR was below the price candles at press time, which meant that the market was bullish. Prior to this particular time period, the markers were predominantly above the candles.
The Bollinger bands had converged, indicating reduced market volatility. The lack of price breakouts was also evidenced by the smaller size of the Bollinger clouds.
The Chaikin Money Flow indicator spiked above the zero line, which meant that the capital coming into the market was more than the capital leaving the market.
Conclusion
The above-mentioned indicators suggested that Tron’s bullish rise was not permanent, as the price consolidation took place within a fixed range.
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Source: AMB Crypto

Basic Attention Token [BAT] can now be earned while browsing Vimeo, The Guardian on Brave Browser

The concept of privacy and fungibility was a key area of focus for cryptocurrencies as well as crypto-based applications. Setting aside privacy-oriented coins like Monero [XMR], there have been certain privacy-focused applications that have made their way into the mainstream realm. A key example of the same is the Brave browser, an open source web browser based on Chromium.
Latest reports suggest that users can now earn Basic Attention Token [BAT] while browsing the Brave browser. There are 14,657 detected Brave Browser/BAT Website publishers, many of which are websites frequented by millions of people. The list includes Vimeo, The Guardian, softonic.com and the Washington Post. Some users had queries about the earn feature with one Reddit user, mogberto, asking,
“So quite a few websites I frequent are on there. Does anyone actually make a worthwhile sum from this?”
Another Redditor replied,
“Not really since most bat contribution have largely come from ugp grants to users so far. But Brave has a ton of advertisers lined up for the ads launch. Once that’s live + 1.0 Brave, the amount of money paid for ppl to watch ads is orders of magnitude higher than what the ugp is able to sustain.”
The number of publishers using the browser also shot up over the past six months. BATgrowth.com stated that 35,000 new parties joined the browser since October, bringing the total tally to almost 60,000.
Brave Browser recently announced that the preview of ads developer channel had entered the second phase. The organization announced,
“With today’s Developer Channel update [version 0.63.4], testers on OS X, Linux and Windows x64 [with 32-bit/x86 to follow shortly] will start to see the ads they are viewing being counted [”ad notifications received”] on the Brave Rewards Settings Page [accessible through brave://rewards].”
This feature allows users to contribute BAT to all the websites visited by them. The second phase of development also introduced “anonymous, but accountable campaign reporting for brands” on the browser. Another feature was Brave Ads, allowing visitors to earn BAT while watching the advertisements.
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Source: AMB Crypto

Gemini Exchange’s Cameron Winklevoss: Crypto-winter will lead to lasting innovations

Proponents of the cryptocurrency market never fail to make a splash in the cryptosphere, with many speaking about the future of the field, and the implications of existing technologies. In a recent blog post, Cameron Winklevoss, the Co-founder of the popular cryptocurrency exchange Gemini, spoke about the maturity of the market and the growing interest in cryptocurrencies, among people.
He stated,
“…The crypto market has matured significantly since then. Bitcoin’s value has gone from around $400 to $4,000 today. As crypto has grown up a lot, so has Gemini. We’ve grown from 25 to 200 employees and celebrated many achievements over the past three years, culminating with our recent mobile app launch.”
Winklevoss claimed that the brightest people were flocking towards the field of cryptocurrencies, with the aim to build on the decentralized, permissionless, and open system. He further said that previously, the industry was a “niche,” but it is now becoming something bigger and better.
In his words,
“Trust is the gap. Despite the enthusiasm, there remains much more work to be done to change the public perception of crypto. Recent events like the losses at QuadrigaCX have harmed a lot of people and caused reputational damage for our industry at large.”
The Gemini President added that the ongoing crypto winter will lead to lasting innovation, as the hype of late-2017 hid a lot of bad projects in the hype. Right now however, every single project needed match up to a certain standard. According to him, products built in today’s time would “shape what money looks like tomorrow.”
The Winklevoss brother were previously in the news after Tyler Winklevoss claimed that “every Bitcoin issue has never been a Bitcoin problem.” He touched upon the advantages that crypto and its technology possessed, and at the same time, debunked claims that Gemini was self-regulated. He said,
“The protocols have rules based on math and cryptography but the rule what we are taking about is the humans who deal with the value on top of the protocol. So, we are a trust company regulated as a trust company to protect your value and that’s usually where the cons happen, it’s not at the protocol level, it’s at the company level.”
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Source: AMB Crypto

Qtum partnership with Zeus enables users to trade cryptocurrency on Apple Pay, Samsung Pay

The cryptocurrency market and its developments have been focused on one end goal, the integration of the cryptosphere with the mainstream market. This goal was given yet another boost by the recent announcement from Qtum, a move aimed at increasing its usage among the general populace.
Qtum announced that users of the cryptocurrency can now use it in transactions through popular payment gateways, Apple Pay and Samsung Pay. The company tweeted,
“Great news! #Qtum holders can now use QTUM to pay at all shops via Apple Pay and Samsung Pay using @Zeuxapp!#fintech #paytech #cryptocurrency #Zeux”
According to the company, the cryptocurrency can be used to trade using the Zeus app, which will then enable the user to link it to their Apple Pay or Samsung Pay accounts. Qtum’s blog post read,
“Zeux reduces the friction of using QTUM in the real world and sticks to the nature of cryptocurrency by providing zero-fees on foreign transactions because blockchain technology is borderless! You can use QTUM wherever Apple Pay or Samsung Pay is accepted with your mobile phone on the Zeux app.”
The company believes that with the latest development, Qtum, which is based on a Proof-of-Stake blockchain, will meet “Point-of-Sale terminals around the world.” After the announcement, Miguel Palencia, the Chief Information Officer of the Qtum Foundation, commented,
“We’re excited that Zeux has added QTUM to its app. This adds a tremendous amount of additional utility for our valued community who can now use QTUM for all point-of-sale payments with merchants that accept Apple Pay, and Samsung Pay. Zeux has created a seamless way for people to use crypto in their day-to-day lives without the friction of choosing from a select group of merchants who accept crypto directly.”
Qtum’s focus on real-world applications also led them to partner Amazon Web Services [AWS], which according to the Jeff Bezos-led company, “inspired” them to launch a blockchain service that supported Ethereum and Hyperledger.
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Source: AMB Crypto

Bitcoin [BTC]: Florida Court subpoenas developer in Kleiman estate lawsuit against nChain’s Craig Wright

The lawsuit filed by the Kleiman Estate against Craig Wright took a new turn after Jeff Garzik, an early Bitcoin [BTC] developer and adopter, revealed he was subpoenaed by the US District Court of Southern Florida.
Garzik revealed that the court asked him to present any evidence to support the claims made by Ira Kleiman, sister of the late David Kleiman, who many claim was Satoshi Nakamoto. After receiving the subpoena, Garzik tweeted,
“You got served. The Bitcoin lawsuit drones on. In the interest of radical transparency, here’s the subpoena that just arrived for me.”
The subpoena requested Garzik to reveal any information that the developer may have come across over the years, for the benefit of the Kleiman estate and the court council. There was also a specific mention of an article written by Garzik on David Kleiman, which said,
“My personal theory is that [Satoshi Nakamoto] is the Floridian Dave Kleiman. It matches his coding style, this gentleman was self-taught. And the Bitcoin coder was someone who was very, very smart, but not a classically trained software engineer.”
Garzik’s subpoena further asked the developer to disclose any communication between him and Satoshi Nakamoto, as well as any links to the Tulip Trust or the GICR Trust.
In the original lawsuit, the Kleiman estate claimed that Craig Wright, the current chief scientist at nChain, defrauded David Kleiman and stole his assets, speculated to be close to $1.1 billion. Wright did not take the allegation sitting down and had filed a dismissal appeal. A court document file in Florida stated,
“Here, the Court finds that Plaintiffs have sufficiently alleged a claim for conversion. The Amended Complaint alleges that Defendant converted at least 300,000 bitcoins upon Dave’s death and transferred them to various international trusts, which was an unauthorized act that deprived the Plaintiffs of the bitcoins therein. Accordingly, Plaintiffs’ claim for conversion (Count I) survives Defendant’s Motion to Dismiss.”
Wright’s attorney also rebutted the claims made by Kleiman and stated,
“There was no written partnership agreement between Dr. Wright and David Kleiman and/or W&K Info Defense Research, LLC.”
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Source: AMB Crypto