Google Cloud Analyzes Coin Concentration, Adds Six Crypto Datasets

google cloud

Google Cloud, a distributed computing service, has added several new cryptocurrencies to its data collections. The service originally introduced Bitcoin data in February 2018, and it followed up on that with the addition of Ethereum data last summer. Now, six more altcoins—Bitcoin Cash, Dash, Dogecoin, Ethereum Classic, Litecoin, and Zcash—have been added to the service. These additions mean that large-scale crypto analysis is more feasible than ever. The aforementioned datasets are now available to the public, but Google Cloud has already done some work with the datasets on its own.…

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Ethereum Extends Impressive Run, up 35% in 1 Week

Ethereum chart

In the past week, Ethereum, the second most valuable cryptocurrency in the global market, has experienced a strong upward movement, recording an additional three percent increase in value on the day. Within seven days, the Ethereum price has increased from $117 to $159, by over 35 percent against the U.S. dollar, making it one of the best performing crypto assets throughout the past two months. Can the Constantinople Fork Effect Continue to Fuel Ethereum? Analysts have attributed the positive price movement of Ethereum to its upcoming Constantinople hard fork. The…

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Coinbase Moves $5 Billion

Coinbase Moves $5 Billion

Major cryptocurrency exchange and wallet Coinbase recently made what it claims is the largest transfer of crypto on record, a company blog post reports Dec. 19. According to the post, 5 percent of all Bitcoin (BTC), 8 percent of all Ethereum (ETH), and 25 percent of all Litecoin (LTC), along with “many other assets” were moved to new cold storage infrastructure in what the firm “believe[s] is the largest crypto migration on record.” Coinbase reports that last week, the firm “completed an on-blockchain migration of approximately $5 Billion (as valued…

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UNICEF Invests in Blockchain Technology for Its Upcoming Humanitarian Projects

Unicef Blockchain

The United Nations International Children’s Emergency Fund (UNICEF) has announced investing in six blockchain startups. According to UNICEF, the new investments are part of the strategy the agency intends to implement in integrating blockchain in its humanitarian work line. The humanitarian agency already received more than 100 applications from 50 different countries, in response to the shout out it released in Jan. 2018 for young technology startups, while it already has 20 technology firms in its innovation fund, that range from science, machine learning, and virtual reality, to drones. Today,…

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Google hacked to promote Bitcoin scam on Twitter

Google hacked

In the latest in a string of cryptocurrency-related hackings on Twitter, attackers have breached an official Google account to promote a Bitcoin giveaway scam to its over 800,000 followers. The official G Suite Twitter account just blasted the following message to hundreds of thousands of users: Hard Fork has yet to confirm for how long the tweet remained on G Suite’s feed, but it was no less than 11 minutes (as you can notie on the screenshot. (Update 19:52 UTC, November 13: Ernst Mulders, who provided the screenshot above, told…

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Binance crypto exchange launches its analysis wing Binance Research

LOOM NETWORK (LOOM)

The most renowned and world’s largest crypto exchange by trading volume, Binance is launching its own analysis and research division. Binance is calling this new analysis wing as Binance Research. Moreover, the research division will focus on creating industry grade analysis reports. The crypto exchange launched the platform on November 8, 2018, for industry analysis. The crypto exchange made the announcement through their official Twitter handle. Furthermore, they also announced it on their official blog about this. The crypto exchange is calling the new firm, an analysis division to the…

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Spanish bank BBVA issues $150M loan using Ethereum

Etherchain - The Ethereum Blockchain Explorer

BBVA, the 35 billion euro bank from Spain, has officially issued a loan using the Ethereum blockchain. In a test of their pilot loan program, BBVA teamed up with MUFG and BNP Paribas to lend funds to Spain’s national electric company, Red Electrica. Spanish bank BBVA has officially issued a loan via the Ethereum blockchain. As reported by Finance Magnates, BBVA, Spain’s second-largest bank, is working on a pilot program that will issue loans using Ethereum (ETH). In the recently issued loan, Spain’s national electricity company, Red Electrica, received funding…

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London School of Economics introduces online course on crypto

London School of Economics

The London School of Economics (LSE) will be offering an online course on cryptocurrency investing, starting in August 2018, Financial Times reports Monday, July 9. According to the announcement, the new course dubbed “Cryptocurrency Investment and Disruption,” will help students learn some “practical skills to interact with cryptocurrency exchanges,” including how to use cryptocurrency wallets, as well as “evaluate the analytics” of initial coin offerings (ICOs). The LSE, which is alma mater to 36 “world leaders” and 18 Nobel Prize laureates, claims it is known for its motto to “understand…

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Crypto Fool’s Day :)

Crypto LAMBO

Coinmarketcap, a popular cryptocurrency market cap ranking resource, added a “Lambo” currency reference for its listed assets, showing how many “Lambos” each currency is roughly worth. As Bitcoin is currently trading for around $6,561, one Coinmarketcap’s “Lambo” is equal to exactly $200,000. Jesus Coin, described on Twitter as “THE currency of God’s Son,” tweeted today in another apparent Buterin-related prank about the new addition of Ethereum’s co-founder to their management team: I have great news Vitaly Buterin has joined us. Retweet @VitalikButerin, get another 10,000 JC and let’s pass moon…

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XRP will be used for faster international payments by MoneyGram

The global remittance market is a big business. In 2016, remitters sent nearly $600 billion in cross-border payments to help support family members living in their home countries or to settle transactions with business partners. Money transfer companies allow people to send cross-border payments. Unfortunately, the current model requires money transfer companies to use pre-funded accounts across the globe to source liquidity for these payments. The process makes payments costly and slow, which causes headaches for both the companies and their customers. To allow their customers to send and complete…

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Ethereum-Powered Blockchain Real Estate Platform Goes Live In The U.S.

ShelterZoom

ShelterZoom, an Ethereum blockchain-based online offer and acceptance platform for the real estate industry, has gone live in the U.S., with global markets to go live in the first quarter of 2018. New York City-based Cyrus Charter, the first real estate listing customer, is in the midst of an initial test for the ShelterZoom platform that began in November. In addition, 10 customers have begun a beta test. The company also recently announced its first WordPress real estate theme affiliate, Estalik, and its first Australian company, Arena Property Agents. ShelterZoom…

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