Some governments resist change, while others make it a point to keep up with ‘shyfting’ times. The small Caribbean island of Bermuda is one of those places, hosting the rollout of Perseid and Shyft Network‘s e-ID solution in Bermuda.
The identification technology is developed by Perseid and uses the Shyft Network protocol to operate, while the Government of Bermuda is collaborating to introduce innovative technology.
To say that regulators have offered Facebook’s Libra project an icy reception would be an understatement. Cold stares greet Mark Zuckerberg wherever he travels, it seems: and the effect could be to freeze progress on his pet financial boondoggle.
As payment processor giants MasterCard and Visa announced they are joining eBay, PayPal, and Stripe in abandoning the Libra ship, the association may soon be left with a few non-profits helping Facebook sail it to safe shores.
According to the digital asset management solution provider Caspian, which provides professional investors with sophisticated crypto trading tools, the majority of funds they speak to are coming from Europe.
Altcoins have taken a beating over the last few months, as Bitcoin has re-established serious cryptocurrency dominance.
At the time of writing, Bitcoin accounted for 66.7% of all cryptocurrency value. That’s down slightly from a high of over 70%, a couple of weeks back. But it means that the altcoin market has been tougher than skiing backwards down Everest – wearing a blindfold.
Eight years after emerging from the primordial mist, the faster, lighter, and often experimental Bitcoin fork continues to move forward.
Litecoin founder Charlie Lee shared celebrations with the LTC community on Twitter over the weekend, cheering for the continued persistence of the plucky network, since its inception eight years ago. The coin and its community have been through some serious ups and downs over the years.
Bitcoin remains stagnant today, still trading within a few points of the $8,300 level. Diversification in altcoins continues, with most of them showing little action. Exceptions are BNB (up 4.5%), BAT and 0x (both up 12.5%), while Litecoin is one of the low performers with -2%.
Friday afternoons on the East Coast of the USA have inexplicably become the time for big industry announcements. For whatever reason (answers on a postcard, please) the end of the week is deemed the most appropriate time for regulators to drop bombshells.
That’s doubly annoying for this writer, who is in London and sees his ale time unjustly condensed by inconsiderate Occidental regulators. See footnote.
Waves is showing signs of possible price stabilization, as the cryptocurrency attempts to break its multi-month losing streak.
Crypto indices are breaking into the mainstream, as Cryptoindex.com announces the listing of its CIX100 index on the NASDAQ platform.
CIX100 functions as a crypto market benchmark, analyzing cryptocurrency data and filtering it by over 200 factors. It uses a proprietary formula to excludes coin with fake volume.
Once the first filtering is done, Cryptoindex’s proprietary AI algorithm analyzes data from nine of the largest cryptocurrency exchanges, as well as news feeds, Twitter, GitHub, and others.
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