‘Biometric Blockchain ATMs’ Scan Your Face to Fight Dark Web Card Fraud

Cutting-edge blockchain ATM prototypes are being rolled out in Saudi Arabia with a unique take on granting users access to funds. The ATMs use biometric scanners to scan the face of each account holder as part of a five-factor authentication process secured by a blockchain app being used by the largest ATM provider in the Middle East. Biometric Facial Recognition With Blockchain Face-scanning verification has the potential to make PIN codes obsolete. Source: CCN / Conor MaloneyThe ATMs are the result of a partnership between Alhamrani Universal (AU) and blockchain…

Binance Dangles $100K in Tokens to Get Users Testing Decentralized Exchange

Cryptocurrency exchange Binance is hoping to boost the number of people testing its upcoming decentralized exchange (DEX) platform by giving away $100,000 in tokens. Announcing the news on Twitter on Friday, Binance CEO Changpeng “CZ” Zhao said: “To test the hell out of @Binance_DEX, we are giving away roughly $100,000 USD equivalent, in REAL $BNB, as reward for our testnet trading competition.” The initiative, he said, would help the exchange launch the mainnet, or live version, of Binance DEX more quickly. According to Binance’s website, the funds will be made available as prizes…

Chinese Miners to Activate Over 1 Million ASICs Ahead of 2020’s Halving

Chinese miners are confident that crypto currencies provide a strong profit opportunity not only for mining even after Bitcoin suffered one of the most important falls in its history. According to an article published by the Chinese portal 8BTC, after many miners cancelled their operations due to the heavy losses caused by the bearish streak, a group of miners have decided to restart their operations with very good expectations about the future of the crypto market. One of those visionaries is Xu Feng, a miner from Ma’anshan, Anhui Province. The…

Fundamentals Grow While Bitcoin Price Stagnates, Where Does BTC Go From Here?

There’s no denying that Bitcoin is at a critical junction in its young ten-year lifecycle as a financial instrument and emerging technology. After becoming a household name in 2017 during the media storm and bull run to an all-time high Bitcoin price of $20,000 per BTC, the leading cryptocurrency erased much of the gains it saw during that time, and has recently stagnated as the market decides where it goes next. But as Bitcoin price consolidates and struggles to revive the bullish momentum it once had, fundamentals are growing stronger…

Ripple (XRP) Fundamentals and Technicals Sync, Bulls on the Way

Ripple (XRP) up 3.5 percent Comments from SEC will clear XRP classification status Transaction volumes more than double those of early Feb—streams from BitFinex How XRP is classified will determine whether the asset will crumble or soar. Even so, the addition at CoinBase Pro and CoinBase opening up the currency to more than 26 million customers is massive for XRP. From candlestick arrangement, it is likely that prices will edge higher in response. Ripple Price Analysis Fundamentals A decade later and Bitcoin, being the world’s most valuable coin, determines digital…

Bitcoin (BTC) shaking off Bears, New Californian “BitLicense” May Slow down Bulls

Bitcoin prices in range mode Controversial AB 1489 bill introduces stringent rules for VCs Transactional volumes low but the trend has been positive The question is whether AB 1489, a new Californian bill, will pass as the state follows the New York route. If so, it is likely that prices will dump in response. However, in the meantime, Bitcoin (BTC) could expand above $4,500 as bulls aim for $6,000. Bitcoin Price Analysis Fundamentals Talk is about the fruitful relationship between favorable and supportive legislation and the entry of high net-worth,…

Op Ed: Defining Decentralization: How Ambiguity Continues to Divide Crypto

There are many keywords in blockchain, but few spark as much emotion as “decentralization.” For many of us, it was the dream of decentralization that inspired us to embark into the industry in the first place — the driving force encouraging us to explore the many industries and practice areas that could be positively impacted by this technology. To say that decentralization is an important element of cryptocurrency’s potential would be a gross understatement. However, I do believe that the crypto community is misguided in its belief that decentralization is…

Binance to Give Away $100,000 in BNB to Test its Crypto Decentralized Exchange

Binance, the world’s largest crypto trading company by volume and geographical presence, is giving a rare offer to its users: get paid for testing its newly released decentralized exchange. The Malta-based startup announced Friday that it is going to distribute $100,000 worth of rewards in its “testnet trading competition.” The round will allow participants to create a wallet and exchange tokens on the Binance decentralized exchange (DEX) testnet. To test the hell out of @Binance_DEX, we are giving away roughly $100,000 USD equivalent, in REAL $BNB, as reward for our testnet…

Bitcoin Price Analysis: Keep an Eye Out for a Close Above the Current High

Shortly after falling from its test of the low $4,000s, bitcoin managed to find support in the mid $3,500s. This has proven to be a relevant level over the last few months, and finding support here would be a sign of relatively strong demand: Figure 1: BTC-USD, Daily Candles, Local Support The high candle spread rejection following our test of the low $4,000s was an indication that we had strong levels of supply left in the market, but for the time being we are holding support. Looking into lower time…