Binance under the cosh as fake employee profiles flood LinkedIn

In an industry which largely depends on social and online platforms for developments and announcements, personal identities and credentials matter. The recent case of Binance makes this more evident. According to a recent segment aired by BlockTV, Binance is facing some trouble after allegations about a number of impersonators who were reported to be working […]
The post Binance under the cosh as fake employee profiles flood LinkedIn appeared first on AMBCrypto.
Source: AMB Crypto

EY introduces blockchain solution to help governments manage public funds

Today, one of the big four accounting firms, Ernst & Young, announced the launch of EY OpsChain Public Finance Manager (PFM) blockchain to help governments improve processes for financial management of public funds. While government bodies usually allocate funds for different projects and contract third-party agencies to carry out work, EY claims this initiative will […]
The post EY introduces blockchain solution to help governments manage public funds appeared first on AMBCrypto.
Source: AMB Crypto

Bitcoin Futures under $1 billion on BitMEX; investors’ interest continues to drop

Bitcoin’s unexpected slump on 24 September took a majority of the community by surprise. After consolidating above $10,000 consistently since 21 June, Bitcoin was treading under the $8500 range. The fall in valuation is now, exhibiting a direct impact on the Futures market. Before the fall on 24 September, the Futures markets for Bitcoin and […]
The post Bitcoin Futures under $1 billion on BitMEX; investors’ interest continues to drop appeared first on AMBCrypto.
Source: AMB Crypto

Binance Coin’s falling wedge pattern may push price upward

Changpeng Zhao-led cryptocurrency exchange, Binance seems to be taking over the crypto industry by initiating several developments in the ecosystem. The exchange might be looking into global expansion following the launch of Binance.US and P2P trading functionality that enabled users to trade selected cryptocurrencies against the Chinese Yuan. These developments seem to be impacting the […]
The post Binance Coin’s falling wedge pattern may push price upward appeared first on AMBCrypto.
Source: AMB Crypto

Bitcoin’s descending channel predicts a rise to 9K by the end of the month

The drop in Bitcoin’s value during the final third of September was a blow to many a Bitcoin maximalist’s confidence. There were those who thought that the cryptocurrency would never dip below $10,000 again – until it did. But hope is not lost, as the 12 and 24-hour charts could be suggesting a bullish market […]
The post Bitcoin’s descending channel predicts a rise to 9K by the end of the month appeared first on AMBCrypto.
Source: AMB Crypto

Tether more transparent than most banks: VanEck’s Gabor Gurbacs

Recently, Gabor Gurbacs, Director at the investment management firm VanEck, posted a tweet in support of the popular, but controversial stablecoin pegged to the U.S. Dollar, Tether. This tweet comes just one day after Tether became the subject of a class action lawsuit, one alleging that the stablecoin caused $1.4 trillion in damages to the […]
The post Tether more transparent than most banks: VanEck’s Gabor Gurbacs appeared first on AMBCrypto.
Source: AMB Crypto

Bitcoin’s SegWit registers ATH of 57.18%, but transaction fees refuse to drop

On 16 September, Segregated Witness [SegWit] reached a major milestone after reports suggested that Bitcoin transactions on the SegWit protocol hit an all-time high of 50.7 percent. The protocol was first developed by Pieter Wuille back in December 2015, with an intent to reduce processing fees and facilitate faster transactions. Now, according to new data, […]
The post Bitcoin’s SegWit registers ATH of 57.18%, but transaction fees refuse to drop appeared first on AMBCrypto.
Source: AMB Crypto

Bitcoin ETF ensures secure access to BTC for regular investors: Bitwise Exec

The Bitcoin ETF proposal and the question of whether it will get the SEC’s approval has been one of the key talking points of 2019. Several Bitcoin ETF proposals have been submitted to the SEC by institutions such as VanECK Securities, SolidX Management and Bitwise, but none of them have received any positive response, as […]
The post Bitcoin ETF ensures secure access to BTC for regular investors: Bitwise Exec appeared first on AMBCrypto.
Source: AMB Crypto

Cardano’s Shelley a step towards decentralizing entire network: Charles Hoskinson

Recently, Cardano transitioned into the Shelley-era with the launch of its networking testnet. CEO of IOHK, Charles Hoskinson, elaborated on the same during his latest AMA. Hoskinson informed the community that the testnet was receiving remarkable participation as the network currently runs about 100 stake pools and the stake pool channel consists of about 2,400 […]
The post Cardano’s Shelley a step towards decentralizing entire network: Charles Hoskinson appeared first on AMBCrypto.
Source: AMB Crypto

Stellar Airdrop recipients are selling XLM to exchanges for fiat, other cryptos, finds Coin Metrics’ report

According to a recent research report published by the analysis firm CoinMetrics, Stellar Lumens’ airdrops have either been left unclaimed or exchanged to other cryptocurrencies. In the first week of September, Keybase.io came up with ‘The Big Stellar Space Drop’. As part of this airdrop, 100 million XLM were to be distributed among users on […]
The post Stellar Airdrop recipients are selling XLM to exchanges for fiat, other cryptos, finds Coin Metrics’ report appeared first on AMBCrypto.
Source: AMB Crypto

Ripple-backed Coil enters into partnership with Mozilla, Creative Commons

Coil, a Ripple-backed organization which facilitates payment solutions for major companies on the Internet to accept XRP as a form of payment, has entered into a major partnership with Mozilla and Creative Commons. Founded by Ripple CTO Stefan Thomas, Coil came to an agreement with Mozilla and Creative Commons to launch a $100 million grant […]
The post Ripple-backed Coil enters into partnership with Mozilla, Creative Commons appeared first on AMBCrypto.
Source: AMB Crypto

Bitcoin Lightning Network developers confirm exploitation of vulnerabilities on the network

Previously in August, an Australian coder for Bitcoin’s Lightning Network, Rusty Russell, had warned users about security issues in Lightning projects, issues that might lead to a loss of funds. He had then urged the network’s node operators to update their software. In a recent update, developers of the Bitcoin Lightning network confirmed that the […]
The post Bitcoin Lightning Network developers confirm exploitation of vulnerabilities on the network appeared first on AMBCrypto.
Source: AMB Crypto

BitPay in troubled waters once again as Hong Kong Free Press alleges suspension of fund transfers without notice

US-based cryptocurrency payment processor, BitPay, has time and again gotten itself into troubled waters over several issues. In what is the latest salvo against the firm, Tom Grundy, Founder and Chief Editor of the media outlet Hong Kong Free Press, has alleged and highlighted BitPay’s incompetency to process funds, specifically donations that it has been […]
The post BitPay in troubled waters once again as Hong Kong Free Press alleges suspension of fund transfers without notice appeared first on AMBCrypto.
Source: AMB Crypto

Coinbase announces Bootstrap Fund to help support DeFi protocols

With the creation of the USDC stablecoin, Centre Consortium including Coinbase and Circle had strengthened their hold over stablecoins in the volatile market. Coinbase has now stepped up its efforts to encourage growth in the Decentralized Finance (DeFi) space after it announced the USDC Bootstrap Fund for supporting DeFi protocols. Here, the exchange will be […]
The post Coinbase announces Bootstrap Fund to help support DeFi protocols appeared first on AMBCrypto.
Source: AMB Crypto

Bitcoin may dominate financial space; won’t just be an asset for the dark web, claims Michael Goldstein

Anthony Pompliano is well known in the crypto-community as a massive Bitcoin proponent. In the latest episode of his Off The Chain podcast, Pompliano interviewed Michael Goldstein, President of the Satoshi Nakamoto Institute. The pair discussed the current state of Bitcoin and how it has progressed over time, for everyone in the community. Goldstein stressed […]
The post Bitcoin may dominate financial space; won’t just be an asset for the dark web, claims Michael Goldstein appeared first on AMBCrypto.
Source: AMB Crypto