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The Global Crypto Alliance (GCA) is an international decentralized institution formed by professionals in diverse areas of blockchain computing, cryptocurrencies and business development.
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FMW Media Introduces New Clients to its 2020 Network Broadcasts

NEW YORK, Dec. 02, 2019 (GLOBE NEWSWIRE) -- FMW introduces eight (8) new exciting blockchain crypto companies commencing TV series on "Exploring The Block" in December 2019 and throughout 2020:   NativeCoin (N8V) - - NativeCoin will be used by Tribal businesses, enterprises, gaming, sports betting, and Tribal ecosystems worldwide to support daily financial transactions. There are over 560 Native American Tribes and 460 Native run casinos in the United States. CEEK VR - - CEEK VR is a distributor of cryptographically authenticated immersive content and merchandise. CEEK's device agnostic platform is compatible with smartphones, Smart TV's, desktop, Virtual Reality, Augmented Reality and Mixed Reality devices. CEEK's world class partners include Universal Music, Apple and T-Mobile MOR CRYPTO Exchange - - MorCrypto is a cryptocurrency trading exchange with lending services that guarantees 5% monthly ROI paid in Bitcoin. We are also building a cryptocurrency e-commerce platform, a professional sports gaming app and a cryptocurrency mining farm powered by our base coin MOR. The core vision of Morcrypto is to encourage cryptocurrency adoption, stability in cryptocurrency earnings and a marketplace where products can be purchased with cryptocurrency at ease. Digital Assets and Commodity (DACX) - - Digital Asset & Commodity Exchange leverages artificial intelligence and high performance computing technology, optimized towards providing an efficient, secure and compliant marketplace with product solutions for both institutional grade and retail clientele. Our emphasis is on fractionalization of all forms of assets and commodities via tokenization. To bring more opportunities for inclusion for all types of investors; which in turn adds further liquidity to these traditional markets. Global Crypto Alliance (CALL) - - Lead Blockchain Dev & Head of GCSecurity built CALL, the very first ERC777-based, multi-utility token that was ever deployed on the Ethereum Network.  It represents a huge leap forward in smart contract technology, by way of Ethereum's progressive ERC777 protocol (most likely to supersede ERC20) and features Batch Transfer Capability. Packed full of unique & enhanced functionalities, CALL token will be leveraged both inside and outside the GCNews ecosystem, facilitating voting competitions in conjunction with several partner entities and expanding into applications such ...Full story available on
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How a misleading tweet drove Binance-listed Matic token tank by ~70%

Matic, a native token of blockchain scalability project Matic Network, plunged by around 70% within half an hour last night. Triggered by a misleading tweet from Samuel Gosling, founder of cryptocurrency evaluation platform Validity Crypto, Matic token dropped from $0.042 to $0.013 in under 35 minutes on Monday. Gosling tweeted that the Matic Network Foundation transferred around 1.50 billion Matic tokens (15% of the supply, worth about $67 million) in the past 50 days, adding that some of which seem to have been sent for liquidation at Binance. About two hours later, Gosling tweeted that he miscalculated the figures. “I just want to deeply apologize for providing an inaccurate claim, it turns out it was only 381,903,830 $MATIC (3% of the supply) that 'seems' has been liquidated.” Matic Network, in its blog post published Tuesday, said that Gosling’s first tweet “created the FUD” (fear, uncertainty, and doubt) among crypto Twitter and led to the price plunge. “We want to strongly state that the allegations of token movement from our Foundation account, made by a FUD account against Matic team are completely baseless,” it added. Binance CEO Changpeng “CZ” Zhao also tweeted earlier today that the exchange is investigating the matter but it is “already clear that the MATIC team has nothing to do with it. A number of big traders panicked, causing a cycle.” Matic Network held its token sale via Binance Launchpad earlier this year and raised around $5 million. "Matic has been relatively illiquid, and Binance also allows users to margin trade the token. Both of these factors likely contributed to the sharp fall," said Larry Cermak, research director at The Block. 
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Crypto Exchange LedgerX Sends Its Co-Founders on Leave

Twitter rage expressed by CEO Paul Chou isn’t sitting well with the board of LedgerX. The cryptocurrency exchange’s board of directors send co-founder Juthica and Paul Chou on administrative leave. A new interim CEO The Chous’ leave became effective “immediately” and hired Larry E. Thompson as the interim CEO. The board did not reveal the reasons why the founders were removed from the company’s everyday operations. However, the news is being linked with the company’s tussle with the CFTC. In August this year, Paul Chou spoke about the Commodity Futures Trading Commission (CFTC) in great detail, narrating how the regulator had broken the law. In an expletive-filled rant, he talked about bias at the regulator’s end. During the same month, the company had prematurely announced the availability of cryptocurrency futures to US-based retail investors. It was competing with ICE-backed Company Bakkt to launch regulated futures in the US. The new CEO Thompson isn’t a Twitter-ranting founder, but an experienced Wall Street executive with over 30 years of an illustrious career under his belt. He was working at the vice-chairman of the Depository Trust & Clearing Corp. before joining Ledger. He will also work as the lead director of Ledger Holdings. LedgerX’s regulatory problems LedgerX is a US-based company providing clearinghouse and Bitcoin derivatives services. It provides a swap execution facility for institutional cryptocurrency traders who have at least $10 million in assets. Paul Chou and the company have not commented on the move yet. However, CoinDesk reported that they had talked to Juthica Chou on email. She noted that the “board composition is tricky” and no one knows about derivatives, Bitcoin and computer science. She added that disagreements and conflicts with the board become difficult because of their lack of expertise in the field. However, she wished the new management well on her and Paul’s behalf. Some documents received by the publication reveal that the company’s leadership didn’t believe in fair practices at the regulator. They thought that Christopher Giancarlo, the former chairman of CFTC held “personal animus” towards the company because of Paul Chou’s comments. The post Crypto Exchange LedgerX Sends Its Co-Founders on Leave appeared first on - Daily Cryptocurrency and FX News.

Binance Defends Matic After Altcoin Dives 60% Due to ‘Panic’ by Whales

Binance Defends Matic After Altcoin Dives 60% Due to ‘Panic’ by Whales Ethereum (ETH) based cryptocurrency payment network Matic has described as “baseless” claims it manipulated the price of its token after it crashed 60% in minutes. In a blog post on Dec. 10, executives addressed community participants who saw the value of the project’s […] Cet article Binance Defends Matic After Altcoin Dives 60% Due to ‘Panic’ by Whales est apparu en premier sur Bitcoin Central.
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