Author: Editorial Office CVJ.CH

Crypto Valley and the entire Swiss Blockchain scene is facing an existential threat due to the restrictions caused by the Corona pandemic. The Swiss Blockchain Federation recently conducted a broad survey among companies in the Valley. Startups from Crypto Valley are particularly hard hit Due to the uncertainties of the Corona crisis, numerous industry players have already contacted the umbrella organisation and asked for urgent support. Crypto Valley, which today stretches far beyond the canton of Zug, had established itself in recent years as a global showcase cluster in the field of blockchain technology. Survey of 203 companies The Swiss…

In order to improve the traceability of its own coffee brand “Zoégas”, Nestlé is expanding the use of the IBM’s Food Trust blockchain and is entering into a cooperation with the Rainforest Alliance. Zoega’s coffee packaging is labelled with QR codes According to the company, the IBM Food Trust blockchain will provide consumers with more detailed information about the logistics processes. As part of this, Zoégas coffee packaging sold in Sweden will be labelled with QR codes. These can provide customers with various types of information, such as the distance the coffee beans have travelled from harvest to the supermarket…

Central bank policy and monetary system The trend displayed below is one of an expansive monetary policy (which was originally intended to rescue the traditional banking system). Despite being intended only to rescue the traditional banking system, this policy is now further being continued in the hopes of achieving the vision of eternal growth without recessionary periods.  Low interest rates and the continuous printing of new money to buy bonds and shares on the market is fast becoming a normality for central banks. Effectively, the aim is to provide the world with cheap capital. Under the term “Quantitative Easing,” an…

The whistle for “halve-time” is set to blow, with May 2020 creeping ever closer. For those operating in the crypto-verse “halving/halvening” is the talk of the office, with speculation as to what new heights the price of bitcoin will surge to, taking centre stage. This interest in 2020’s most anticipated crypto-event is seemingly mirrored by the volume of searches for “bitcoin halving” on Google Trends. The increase in searches is indicative of the excitement and pull bitcoin has across the globe. But what is the “halving” and what/who may be driving this surge in searches? Bitcoin Halving – a Brief…

Chainalysis (a company specializing in blockchain analysis) helps companies and law enforcement agencies uncover fraud and prevent money laundering. In its recently published Crypto Crime Report, the company recorded the illegal activities that were discovered. Thanks to the inherent transparency of the blockchain, findings can be made that are not possible when investigating money laundering in the traditional Fiat currency world. According to the report, cryptocurrency fraudsters succeeded in scamming 4.3 billion dollars from their victims last year. Most of the illegal money flows were linked to pyramid schemes, including OneCoin and PlusToken. Exchanges are a popular money laundering solution…

An accidental fork is an unintentional separation of the blockchain and can result in the temporary disruption of the network.

Bayerische Motoren Werke, better known as BMW, has announced that the company has successfully tested a platform called “PartChain”. According to the announcement, the test was completed in 2019. Pilot project has already been successfully tested at several locations PartChain will use blockchain as well as cloud technologies from Amazon Web Services and Microsoft Azure to ensure the traceability of automotive parts. The company wants to ensure greater data transparency for automotive parts involving parties that are distributed around the world. In the pilot project already completed, the solution was used for purchasing and tracking headlights. At the time, two…

Bitcoin/USD daily basis Bitcoin USD – Continuously higher lows At the beginning of the reporting week, Bitcoin was able to defend the previous Sunday’s low of USD 5,900. This was followed on Monday by an upward movement which led to a level of 6’600 USD and just below that marked its daily closing price. In the following days the Bitcoin price was able to move steadfastly away from the USD 6,000 mark. This happened within narrow daily bandwidths, but with consistently higher lows. Although the USD 7,200 was briefly eclipsed on Thursday, this was only an intraday result. Thus, in…

This acquisition has been hiding in plain sight for some time. The crypto exchange Binance takes over the popular US crypto information service Coinmarketcap. Coinmarketcap – 35 million requests per month It is now official: Binance has confirmed that it has acquired the, currently ,most popular crypto information service. According to reports in The Block magazine, Binance may have spent around 400 million dollars on the acquisition. According to the magazine, the acquisition was mainly paid for with shares and NBB tokens. The acquisition of Coinmarketcap would place this deal among the top three most expensive crypto acquisitions. The platform,…

An ICO is an Initial Coin Offering. It is the equivalent of an initial public offering (IPO) with cryptocurrencies.

Hyperledger is a project of the Linux Foundation that aims to foster open source innovation in the blockchain space.

Huobi is one of the largest cryptocurrency exchanges. It was founded by Leon Li in China in 2013 and employs over 1,300 employees.

Hot wallets are web or browser wallets that are constantly connected to the internet and provide easy access to cryptocurrencies.

to HODL means to buy and hold a cryptocurrency for an extended period, regardless of market fluctuations.

A high is when the price of an asset reaches its highest point in a given period of time. Highs are important trading signals for traders.

High-frequency trading (HFT) uses computer algorithms to quickly execute multiple orders at once, profiting from very small price differences.