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🗞 Daily Crypto News, February, 4th💰

76
5 years ago
in#bitcoin

  • Bitspark Shuts Down Amid Restructuring, Coronavirus and Protests ;
  • When Will We See the Digital Dollar? ‘Crypto Dad’ Says Soon ;
  • Aztec Launches Privacy Network on Ethereum ;
  • Bitcoin SV Genesis Upgrade Results in Chain Split ;
  • Sony Just Proved That It Is Interested in Security Tokens ;
  • 🗞 Daily Crypto Calendar, February, 4th 💰
  • STEEM Trading Update

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

🗞 Bitspark Shuts Down Amid Restructuring, Coronavirus and Protests

Hong Kong-based blockchain remittance startup Bitspark has abruptly announced its closure, citing internal restructuring issues.

On Feb. 3, Bitspark co-founder and CEO George Harrap officially announced the platform’s plans to shut down its services on March 4, 2020.

According to the statement, Bitspark users will be able to withdraw their cryptocurrencies from Feb. 3 to March 4 as the platform’s functionality will stay intact over the period. After March 4, account logins will be disabled for a period of 90 days, with users being able to withdraw their funds via Bitspark customer support, the announcement reads.

🗞 When Will We See the Digital Dollar? ‘Crypto Dad’ Says Soon

Former CFTC Chairman Chris Giancarlo aka "Crypto Dad" sees the current set of financial systems – the older systems associated with the pre-digital age – as hopelessly obsolete. He aims to fix them.

https://www.coindesk.com/when-will-we-see-the-digital-dollar-the-former-cftc-chairman-speaks-out?jwsource=cl

“During my five years at the commission we saw this sort of new wave of the digitization of our world that's taking place,” he said. “The first wave was the digitization of information, and that's created the Internet as we know it today. But we’re seeing what some people call the digitization of value, or the or the Internet of value.”

🗞 Aztec Launches Privacy Network on Ethereum

Aztec has launched its privacy network on ethereum, providing users with what it said is a cost-efficient solution for keeping transactions private.

Aztec CEO Thomas Walton-Pocock said in a blog post Friday those using the system will be able to transact with private ethereum-based assets. Using the same zero-knowledge proofs (ZKP) as zcash, the protocol has also launched a privacy software development kit (SDK) that allows users to mint their own private assets.

Initially available with dai, Aztec plans to add support for other ethereum-based assets over the next six weeks, according to Walton-Pocock. The team wants to allow users to make their own completely private custom assets by the end of March.

The Aztec protocol uses the zk-SNARKs privacy algorithm to encrypt blockchain data. Its London-based team claim it works more efficiently and at a lower cost than many existing alternative solutions. It is also intended to be used by banks: JPMorgan's blockchain team trialed Aztec during a series of ZKP tests in February 2018.

🗞 Bitcoin SV Genesis Upgrade Results in Chain Split

Bitcoin SV (BSV) performed a scheduled upgrade named Genesis on Feb. 3. As most nodes have not yet updated, this resulted in a minor chain split where two versions of BSV exist.

As reported by BitMEX Research, the upgrade occurred at block height 620,538, or about 8:30 PM EST. The subsequent block was considered invalid by old rules, signaling the hard fork.

About one quarter of all blockchain nodes are still on the old version, meaning that these cannot synchronize to the main chain.

Furthermore, a chain split occurred several hours later. The old chain was extended by one block, meaning that some miners have also failed to upgrade to the new rules.

🗞 Sony Just Proved That It Is Interested in Security Tokens

Sony looks set to get on the security token bandwagon and has indirectly made an undisclosed investment in

Securitize, a San Francisco-based platform that issues and managing digital securities. The investment arm of the music and electronics giant joined a funding round that raised USD 14 million.

Per a joint Sony-Securitize press release shared with Cryptonews.com, fellow investors in the funding round included Japanese financial giants Mitsubishi UFJ Financial Group’s MUFG Innovation Partners and Nomura Holdings. Santander’s InnoVentures investment subsidiary and Blockchain Capital were also named.

Sony’s involvement was made through SFV GB, a venture capital fund jointly managed by its Sony Financial Ventures subsidiary, as well as Japanese VC firm Global Brain.

🗞 Daily Crypto News, February, 4th💰

  • Bitcoin SV (BSV)

"The BSV hard fork will begin when the block height reaches #620,538, scheduled for approximately 04/02/2020."

  • Waves (WAVES)

Odyssey Hackathon 2020 from April 3–5 in Groningen, Netherlands.

  • Chiliz (CHZ)

GAL fan token offering begins.

  • DAO.Casino (BET)

Come and visit DAOGroup stand N9-350 at ICE London on 4-6th of February, 2020.

  • Holo (HOT)

Holochain NYC meetup from 7 PM - 9 PM at Bushwick Generator.

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STEEM Trading Update by my friend @cryptopassion

Here is the chart of my last analysis :

Here is the current chart :

We are having a little correction on the BTC but yeah, everything can happen, STEEM is staying very quiet and till now not following the BTC. It is good news for all of us and we must enjoy the momentum. So regarding an analysis for STEEM, we are in the middle of our support line at 0.155$ and the resistance line around 0.21$. So let's see what will be the direction of the next move on the STEEM. I expect a little correction if the BTC is continuing to drop but regarding a TA point of view, if we break the 0.18$, we could see a continuation of the UP.

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5 years ago
vlemon76
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