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Last year, Australia’s Ministry of Industry, Science and Technology, and Ministry of Trade Tourism and Investment announced an upcoming national blockchain strategy and roadmap. Recently, the Australian government announced the launching of its national blockchain roadmap. This blockchain roadmap aims at revolutionizing Australia’s blockchain industry. The roadmap contains the benefits of allowing blockchain technology within different sectors. The sectors prioritized are finance and banking. As per the national blockchain roadmap, a yearly business value of more than $175 million could…

The UK’s Financial Conduct Authority, FCA, wants to employ a cryptocurrency enlightened person. The institution announced the job opening on the 6th of February on LinkedIn. The FCA needs an intelligent associate skilled in cryptocurrency to deal with digital assets within the context of the EU’s fifth Anti-Money Laundering Directive, 5AMLD. The 5AMLD became effective on the 10th of January and deals with money laundering and terrorism financing in Europe. On the 31st of January, the UK exited the EU;…

MoneyGram is utilising On-Demand Liquidity, which is a cross-border payment solution powered by Ripple. The On-Demand Liquidity is now available in the five global payment corridors. Recently, Ripple’s senior official, Asheesh Birla noted the firm’s progress with their corporate partners. On the other hand, Bitso also moved $18 million of remittance through XRP at the end of 2019, and its growth is currently at 15% to 20% weekly. Birla also pointed out that MoneyGram is now active in five corridors,…

The BTC/USD price sustained over $9k and surged to $9.5k, and it is now suggesting a powerful uptrend to $10k. Recently, the price corrected to the downside from $9.6k to $9.4k and $ eventually to $9.3k. The price then formed a swing low close to $9079, and the price rose over the barrier at $9.2k. The buyers gathered momentum, thereby phishing the price above the 100 hourly SMA and the $9.5k hurdle zone.  Eventually, the price surged over the $9.6…

BitMEX researched on Bitcoin Lightning Closure and found out that more than 60k non-cooperative channels got dissolved. Seventy-two percent were public channels, while twenty-eight percent were private channels. Instead of considering channel count-based metric, the research perceived the numbers closed as per the value of Bitcoin. The amount of Bitcoin used by the non-cooperative channels amounted to 1070. The public channels used 993 Bitcoins, while the private channels used 131 Bitcoins. When the value count gets considered, the research data…

The ETH/USD price is sustaining some significant support over $185, and the price may continue to uptrend to over $190, and keep it up in the near term. This year, the price attained a fresh high of $195 before a downside retracement. This retracement resulted in below $192 and $190 support.  However, the support zone at $185 became a rugged bullish area together with the 100 hourly SMA. The price eventually formed a swing low close to $184, and currently,…

Recently, there is a rise in women and children trafficking in the United States. However, critical observation of human trafficking is currently ongoing. The US lawmakers, and the Department of Justice under the Attorney General William Barr, are considering the prohibition of cryptography. Barr is against end-to-end encryption and believes human traffickers highly depend on digital communication and the internet, and these perpetrators should get detected and addressed. Barr also pointed out that digital proof is undergoing encryption and that…

Mode is a British company established in 2018, and its parent firm is known as R8 Group. Mode offers financial services and gets backed by Twitter’s joint founder, Biz Stone. The company recently launched its Bitcoin (BTC) banking app devices, running iOS. The new app is now available globally, apart from in the US. This app can get utilised in buying Bitcoin using bank cards, or through bank transfers. The additional processing of the funds is through digital assets custodian,…

Elon Musk, the chief executive of Tesla and SpaceX, got tired of online cryptocurrency scams. On the 1st of February, Musk warned his Twitter followers of cryptocurrency scams which are attaining new levels each day. Scammers involving non-digital currency scams hijack Twitter accounts with an official ‘verified’ seal, and then change usernames to look like renowned individuals’ names in the tech space. These scammers then manipulateTwitter users to send them bitcoins to spurious accounts. How Some Cryptocurrency Scams Occurs and…