Bitcoin Price Must Hit This Key Level to Exit Bear Market

In the wake of Sunday’s crypto massacre, shell-shocked investors have been left with dashed dreams and a lingering question: Will bitcoin’s bear market ever end? Crypto brokerage BitOoda says that the answer lies in two price levels: $4,200 and $6,000 – levels with which retail buyers need to become more acquainted. Bitcoin Price Facing Strong Resistance at $4,200 Writing in a note to clients on Monday, BitOoda Executive VP of Institutional Sales Brian Donovan said that the sell-off demonstrated that the ~$4,200 level had become a significant level of resistance…

Logs, metrics, and the evolution of observability at Coinbase

Up until mid 2018, the only supported way to generate custom metrics for an application at Coinbase was to print to standard output. Each printed line would work its way through a series of pipelines where they could be analyzed, transformed, and parsed until finally landing on an index in our monolithic self-managed Elasticsearch cluster, where engineers could build visualizations and dashboards with Kibana. This workflow represents the best of many worlds. Log entries are easy to generate, and because they can contain fields with unlimited cardinality at microsecond granularity,…

Earn Zcash while learning about blockchain privacy – The Coinbase Blog

We’re launching a new Coinbase Earn page where users can earn Zcash (ZEC) Today we’re launching a new Coinbase Earn opportunity with lessons about Zcash (ZEC). If you’ve received an invite to the Coinbase Earn ZEC Page by email, you can go to the Earn ZEC page to start completing the educational lessons and earn up to $3 worth of ZEC in the process. Zcash is a cryptocurrency which uses recent advances in cryptography to give users the option to protect their financial privacy when transacting with cryptocurrency. Zcash does…

Hands-On Preview of Samsung’s Galaxy S10 Phone Reveals New Crypto Details

A hands-on preview of Samsung’s just unveiled flagship phone, the Galaxy S10, reveals new details of the device’s upcoming crypto features. The first official specs of the phone were announced in the U.S. on Wednesday, but only brief mention was made of its ability to store cryptocurrency private keys. However, in a piece for CoinDesk Korea, Park Geun-mo managed to review the device at Samsung’s flagship D’light store in Seocho-Gu, Seoul, where the tech giant often first showcases its latest products. Launching the “Blockchain Keystore” app on the S10 displays…

Cryptopia Won’t Resume Trading Until Balances Are Secure, Discord Message Notes

The New Zealand police have returned the office building back to recently hacked crypto exchange Cryptopia and granted permission to resume trading. However, the exchange is not ready to renew its activity, according to a message purportedly sent by a Cryptoptia staff member on the official Discord channel on Feb. 24. After the hack that led to more than $16.1 million stolen from the crypto exchange, New Zealand police had launched an investigation along with international law enforcement to track the hackers. The initial hacking attack began on Jan. 15…

Security Token Startup Templum Shifts to Private Blockchains

Security token specialist Templum is shifting from public to private blockchains. Announced Monday, enterprise software vendor Symbiont is building a private blockchain and smart contracts system that Templum will use for future security token offerings (STOs) by its clients. Previously, the regulated broker-dealer left the choice of blockchain protocol up to the issuers, but this posed problems, Templum CEO Christopher Pallotta told CoinDesk. Many were choosing ERC-20 tokens that run on top of ethereum. but that network’s well-known scaling challenges meant trading could be hampered during periods of high transaction volumes,…

Dow Surges 140 Points While Crypto Investors Reel after Bitcoin Blackout

The Dow barreled toward a 140 point gain on Monday after US President Donald Trump announced a delay to the US-China trade deadline. Cryptocurrency investors, meanwhile, were left searching for answers after the bitcoin price crashed below $3,715 just hours after pushing toward $4,200. Dow Sees Triple-Digit Climb, S&P 500 Looks to Jump Past 2,800 As of 8:41 am ET, Dow Jones Industrial Average futures had soared 157 points or 0.6 percent, implying a gain of 140.19 points at the open. Nasdaq futures outperformed with a 0.69 percent surge, while…

Mercedes-Benz to Use Blockchain Tech for Sustainable Transaction Book, Supply Chains

German automobile brand Mercedes-Benz Car has developed a platform based on blockchain technology to increase transparency and sustainability in complex supply chains, according to press release published on Feb. 25. Mercedes-Benz, a division of Daimler AG, a German multinational automotive corporation, has partnered with United States-based software company Icertis for cooperating in the development of blockchain tech for supply chain use. Mercedes-Benz has announced that that they have jointly developed and programmed a prototype with Icertis based on blockchain technology that allows for the storage of documentations and contracts in…

Crypto Startup Enjin to Back Rumored Samsung Galaxy S10 Blockchain Wallet

South Korean crypto company Enjin Wallet has reportedly been appointed by Samsung to back a blockchain wallet in its new Galaxy S10 smartphone, anonymous sources told Asia Crypto Today on Monday, Feb. 25. The anonymous interlocutors provided an image to the outlet that was purportedly posted by Tworld — Korea’s second largest telecom company. The screenshot shows the Enjin wallet being used in the Galaxy S10 for Ethereum (ETH) transactions. The image also features Enjin coin (ENJ) and Basic Attention Token (BAT) — an Ethereum-based token used in digital advertising.…

US Government Returns Bitcoins Retrieved Following 2016 Bitfinex Hack

Bitfinex has announced that some of the bitcoin stolen in a major 2016 hack has been returned by the U.S. government. In a blog post published Monday, the exchange said that 27.66270285 BTC – worth just over $104,000 at time of writing – have been received from the U.S. government, and come as the result of U.S. law enforcement efforts. Bitfinex said that, since the hack, it has been collaborating with international law enforcement agencies “to provide intelligence and assist with investigations,” adding: “Bitfinex was alerted in November 2018 that the…