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KickCoin News

$ODIN is now listed on #BlockDX #decentralizedexchange! We a...

$ODIN is now listed on #BlockDX #decentralizedexchange! We are proud to kick off our Coin Announcements 2.0 campaig… https://t.co/Z8zMEayuHv

2 days ago

Interesting cryptocurrency business ideas for 2019

2018 is the year, the world has woken up, all eyes wide to cryptocurrencies and blockchain. All of the sudden, there is a huge rush among entrepreneurs, investors, startups towards starting an innovative cryptocurrency business. Thanks to the sudden surge in ICO’s and the price of cryptocurrencies earlier this year, the belief in this ecosystem is seeing a hockey stick growth. Also thanks to Startups like “BitExchange”, you can get ready-made blockchain projects [along with 100% Source code] to kick start your venture in 2019 instantly. Cryptocurrency exchange business A cryptocurrency exchange allows anyone to seamlessly trade their cryptocurrencies for other cryptocurrencies or sell it and get fiat currency [USD, AUD, EUR, INR]. Users holding cryptocurrencies would want to trade and multiply or sell it to others. Because of the recent increase in awareness about cryptocurrencies, more and more people are trying to purchase them and this scale of demand cannot be handled by the existing exchanges. Hence, there’s scope for more exchanges. In the recent times, it is even easier for an entrepreneur to start a cryptocurrency exchange business by using a ready-made cryptocurrency exchange script that efficiently matches all the orders on the platform and safely execute the transactions. However, you would need to invest in securing the exchange as it is a prerequisite for starting an exchange. Because of its ease to start, this idea tops the trending cryptocurrency business ideas list. Blockchain powered cross-border payments app Even today, making payments to friends and family abroad is expensive and would take days, owing to middlemen [Banks, exchange agencies, etc] and settlement systems that were built to make money at every stage of transaction. This would bloat up the cost of sending payments to overseas. A blockchain powered app that uses Stellar Lumen’s token, XLM would enable faster transactions by cutting off additional middlemen that slow down the process. Payments made in the sender’s fiat currency [assuming it’s USD] would be converted to XLM tokens and the XLM tokens are sent to the recipient. The recipient can then request for withdrawal in their fiat currency [behind the scenes the XLM is converted to their region’s fiat currency and deposited to recipient’s bank account]. All this at a fraction of the cost and less than a day’s time and now you probably know why it’s among the list of trending cryptocurrency business ideas. Bitcoin borrowing/ lending business The lending and borrowing business thrives globally based on the growing needs and wants of the consumers. It is estimated to go trifold as more and more millennials are looking for avenues to make wise investments with less risks and high returns. As they are also one of the early adopters of cryptocurrencies and offering them a way to multiply their cryptocurrency asset is lucrative. Giving them a guaranteed return for a fixed period of time would woo investors who would want to lend their cryptocurrency assets. Using a Bitcoin borrowing and lending script, you can start a lending business, manage the customer’s, keep track of the transactions, automatically remind borrowers to payback on time across channels, etc. Your source of revenue would be partially through the investments you make with these cryptocurrencies and partially through the interest that is being backed by the borrowers. If you’ve been in the lending and borrowing industry for a while and know it inside-out, this would be your favorite among the trending cryptocurrency business ideas listed here. Bitcoin wallet-as-a-service business Next on our list of trending cryptocurrency business ideas is the Bitcoin Wallet-as-a-service. As you know, cryptocurrency exchanges are extremely vulnerable to attacks and keeping cryptocurrencies in the exchange’s own wallet can be compared to a ticking time bomb waiting to explode, the risk of losing cryptocurrencies is always high. Seasoned traders often shift the cryptocurrencies to a secure wallet that is not operated by the exchange to safeguard it. Starting a Wallet-as-a-service platform would require you to securely store the cryptocurrencies on behalf of the users. Additionally, if you can build the capability to send and receive cryptocurrencies, it makes people’s lives easier. Integrating it with other businesses will allow user to make cryptocurrency payments. You would make money on every transaction executed through the wallet or charge them a subscription fee. Blockchain crowdfunding business Aspiring creators with path breaking ideas often face rejection from investors who fail to see the value in the product. Their secondary medium of choice to raise funds? Crowdfunding. Crowdfunding is a concept that allows a large pool of general public to see what the idea is and then, if they believe in the idea, can choose to contribute sum as small as $5 to anything. Crowdfunding campaigns when backed by many people ha

5 days ago

We have partnered with @futureofbchain to kick off FoB chall...

We have partnered with @futureofbchain to kick off FoB challenges - A 3 month competition designed for those studyi… https://t.co/cLBejOkxYI

5 days ago

Fork Watch: Disputed Consensus and an Abundance of Game Theory

In less than 24 hours the Bitcoin Cash (BCH) network will be facing a hard fork involving consensus changes that are currently disputed and may lead to a blockchain split. Two development teams have proposed different paths for the Nov. 15 upgrade and the clashing BCH reference implementations will be incompatible with each other after the fork commences. Also read: Preparing for the Looming Bitcoin Cash Fork Nov. 15: Two Incompatible Clients With Different Ruleset Changes The Bitcoin Cash community plans for a network hard fork twice a year and this year it has become apparent that the Nov. 15 upgrade may have issues due to the release of two competing ruleset changes. The Bitcoin ABC developers plan to add a new opcode called OP_CHECKDATASIG (DSV) and the introduction of canonical transaction ordering. Then the Bitcoin SV team has plans to introduce four new opcodes: OP_MUL, OP_LSHIFT, OP_RSHIFT, and OP_INVERT. Additionally, SV wants to remove the limit of opcodes per script and raise the block size to 128MB. Bitcoin SV Captures Over 75% of the Global BCH Hashrate According to data taken from Coindance Cash, there is a significant amount of hashrate currently signaling for the Bitcoin SV client. Data shows that over the last 48 hours or more, the Bitcoin SV implementation has been backed by 75-82% of the global hashrate. However, even though the hashrate is backing SV by an overwhelming percentage of computational power, not everyone in the community is pleased with the outcome. SV supporters believe they are supporting a move toward a “stable protocol” and are witnessing the first time Nakamoto Consensus is used to make important development decisions. While some SV supporters believe they are wholeheartedly following “Nakamoto Consensus,” there is a clear amount of BCH supporters who view the hashrate as a “51% attack.” Unlike the 80 percent of miners who supported the Segwit2X upgrade for BTC last year, the amount of hashrate voting for SV is extremely concentrated into just a few pools. Bitcoin Cash (BCH) global hashrate on Nov. 14, 2018. This week the marketplace Openbazaar discussed people’s concerns with the hashrate. “When things settle it is entirely your choice what you do with your coins, but we also recommend being cautious of a chain with hashpower of 50% or more controlled by one entity,” Openbazaar states on Nov. 12. For instance, on Nov. 14, the day before the consensus changes, there are three pools that have most of the BCH hashrate and all of them support SV. Today’s data shows that Coingeek currently has 46.53 percent of the global hashrate. This is followed by SV Pool with 11.11 percent, and BMG Pool with 9.72 percent at the time of publication. The amount of hashrate controlled by a single entity, specifically Craig Wright and associates, has people concerned about the security of the network and many supporters have been vocal about this issue. For instance, some BCH supporters have stated they won’t follow Wright’s SV plan even with the considerable amount of hashrate pointed at the client. Cornell Professor Emin Gun Sirer speaks about selfish mining attacks after the SV hashpower breached 51%. Despite the Hashpower, Some Community Members Just Won’t Follow the ‘Vision’ The early Bitcoin adopter and entrepreneur Olivier Janssens has explained he will not follow Wright’s vision and possibly even retract his support for BCH. “I’m not against Nakamoto Consensus and will support it until the very end — I just won’t support a project where the majority of hashpower is controlled by or in support of a fraud,” Janssens detailed on Twitter. When the mining pool Viabtc was asked whether or not they will join the SV hashrate, the Chinese miners detailed they would not follow Wright’s Satoshi Vision strategy. Viabtc explained to its Twitter followers on Nov. 12: I am sorry we don’t feel right to support the tyrant or lunatic who wishes to kill BCH and just try to invent a new coin of his own to develop his own mining industry, and wishes to kill other companies just out of sheer personal grudge — This is totally unacceptable. Drivechain developer Paul Sztorc believes sidechains can possibly help avoid these hash war conflicts. Certain Statements Furthering the Complexity of the Situation A lot of the community complaints against the SV roadmap have stemmed from Wright’s recent statements and threats toward the ABC fork. For instance, on Twitter Wright has explained that he will make the ABC side of the chain untradeable if there is a split. In fact, BCH users have collected screenshots and Twitter statements of Wright threatening to double spend, orphan blocks, and reorg the ABC chain in order to force miners toward the ABC side. “If you support ABC, we will remove you,” Wright detailed on Twitter on Nov. 12. “When you say I will not go through with this — You will be bankrupted and I will watch — You are wrong,” he adds. Coingeek’s Calvin Ayre wholeheartedly agrees with Wright’s S

7 days ago

Bitcoin & Litecoin Adoption gets a Luxury Boost, ATMs Ready for a Big Kick

Cryptocurrency adoption is constantly on the rise. Bitcoin and Litecoin are being accepted by Surf Air Express for membership. Recently, luxury watch manufacturer Hublot also unveiled its limited edition watch that can only be purchased with Bitcoin. Meanwhile, Bitcoin ATMs are close to crossing 4k worldwide with another boost coming with Germany’s only regulated trading venue for digital currencies acquiring a bank. Pay for Luxury with Bitcoin & Litecoin Bitcoin and Litecoin can also be used to pay for air travels as Surf Air Express announced Surf Air Express X Cryptocurrency. Surf Air Express basically arranges travel and other services solely as a manager of the Surf Air membership program and offers flight prices comparable to business and last-minute economy. The company is “now accepting Litecoin and Bitcoin for their Indiegogo campaign. Purchase your Surf Air Express Membership with cryptocurrency.” The official announcement on its website reads, “The future of travel meets the future of money, We’re proud to offer Litecoin as a payment method for Surf Air Express. Apply now and purchase your Surf Air Express Membership or flight packages.” Its network includes San Francisco/Bay Area, Los Angeles, Santa Barbara, San Diego, Truckee, Napa, Monterey, and Las Vegas in California and Austin, Dallas, Houston, and Midland in Texas. Another boost came into the form of luxury watch manufacturer Hublot. In order to celebrate the 10th anniversary of Bitcoin, Big Bang Meca-10 P2P has been made available online for purchase that will cost USD$25,000. Hublot is exploring these avenues in partnership with OSL, whose Chairman and co-founder Dave Chapman shares, OSL is excited to collaborate with Hublot and LVMH, an industry leader in the luxury world, to enable a digital asset industry first. As investors are increasingly looking to diversify their investment portfolio by adding digital assets with generally low correlations to traditional asset classes, we are committed to providing our clients with industry leading trading solutions to support their investment journey. Bitcoin ATMs gets a Swift Kick The total number of Bitcoin ATMs worldwide has reached just about 4,000 according to Coin ATM Radar. Among these, Litecoin is supported by 2,325 ATMs. Another big jump would be coming with Bitcoin Group SE that is going to venture into ATMs. One of the biggest crypto exchange of Europe, Bitcoin.de has recently acquired a bank Tremmel Wertpapierhandelsbank GmbH, “The acquisition will significantly expand the services offered by Bitcoin Group SE, which operates Bitcoin.de, Germany’s only regulated trading venue for digital currencies.” Leading to the expansion of cryptocurrencies in Germany and Europe this news has the crypto community excited as one enthusiast shares, HUGE Bitcoin news: One the biggest European exchanges https://t.co/8IGDQWk2Wd has bought bank and gained banking license. They plan a massive expansion with 4000 Bitcoin ATMs across Germany. https://t.co/6Gx4tFm0Lq — Ameero (@ameero1) November 13, 2018 The official announcement shares, this acquisition will help, Bitcoin Group SE’s ability to issue its own cryptocurrency products, carry out proprietary trading in cryptocurrencies, and operate cryptocurrency ATMs is now available under the securities service provider’s banking license. The post Bitcoin & Litecoin Adoption gets a Luxury Boost, ATMs Ready for a Big Kick appeared first on Coingape.

7 days ago

Monero Activity Halves After Hard Fork

Monero (XMR) does a great job at hiding from prying eyes. It is a privacy coin, after all. But although expected to be one of the big winners in 2019, new evidence suggests Monero activity is decreasing, partly because of last month’s hard fork. Data collected from Monero Blocks, a block explorer for the XMR network, found the blockchain’s rate of growth had slowed considerably. Whereas the network grew by around 3.2 GB in December 2017 - an all-time high - it only managed to reach slightly above 1.2 GB in October. It was also the slowest blockchain growth for Monero since February 2017, more than 20 months ago. In the previous nine months of this year, Monero has normally managed to grow by a rate above 2 GB. The average blockchain growth rate has so far been at around 1.79 GB. February and March were the only two months - aside from October - where blockchain growth fell below 2 GB. Nonetheless, it grew at a rate of roughly 1.7 GB, nearly 400 MB more than in October. Monero activity A source familiar with the matter told Crypto Briefing that the decline in block growth indicated a “definite” decline in trading activity. Part of this, they explained, was due to the strong market corrections since the start of the year. Network activity is down because prices are down; no coin has escaped unscathed. The source also suggested reduced activity may be a result of Monero’s continued hostility against ASIC mining rigs. Last month’s hard fork changed the hashing algorithm, preventing XMR ASICs from processing transactions on the network. “Monero’s forks to kick out ASIC miners dramatically reduce the network’s hashrate and often price follows hashrate,” the source said in an email exchange. The XMR newsletter, Monero Moon, covered the decline in blockchain growth in this week’s issue, which was published on Monday. The issue also featured the milestone that Monero had exceeded 1.7 billion blocks, four and a half years after the chain first launched. Monero Moon suggested that the “considerable” decline in growth rate was the result of Bulletproof, a protocol that simultaneously improves privacy and reduces the size of a transaction. This has helped cut down ‘blockchain bloat,’ meaning that individual transactions take up less space within a block. Is Monero forked? Another possible cause was ShapeShift’s decision in mid-September to introduce Know-Your-Customer (KYC) checks. The trading platform, popular with Monero users, was forced into implementing basic checks in order to continue operating in the States. “Monero is often the go-to coin for anonymity transactions and Shapeshift was a popular exchange to exchange value into Monero,” the source said. “However, Shapeshift is moving toward KYC and Monero users generally don’t like that.” A move away from a popular XMR trading source will likely have a knock-on effect. A decline in ASICs activity that increases block growth, as well as the extended bear market, will also impact on the number of Monero users out there. The block growth rate for XMR stands at 361 MB for the first half of November. At the current rate, the Monero blockchain could grow by just over 700 MB for the entire month: a far cry from where it was in December, and low even from last month’s performance. Monero may well have been bloated prior to the hard fork, let’s hope it doesn’t become shrunken in November. Disclaimer: The author is not invested in any cryptocurrency or token mentioned in this article, but holds investments in other digital assets. The post Monero Activity Halves After Hard Fork appeared first on Crypto Briefing.

7 days ago

Coinbase Releases a Note to Customers About the Upcoming Bitcoin Cash Fork

The Bitcoin Cash (BCH) blockchain hard forks twice a year. However, an upcoming hard fork of the network on November 15 could be crucial for the BCH community members as it signifies a rift between two opposing camps in the network. Cryptocurrency exchange Coinbase, which will be extending full support for the fork notified the users about the event and told them what to expect when the network forks on Thursday. Coinbase Is Monitoring the Fork The upcoming fork in the network is not compatible with the published roadmap of the BCH network. Therefore, Coinbase will be monitoring the situation closely and make efforts to minimize customer disruption as the network forks and meets the Coinbase security standards. The exchange had already announced that all payments and receipts of BCH in the Coinbase wallet would be paused on their website, iOS and Android apps and its Pro, Prime and Custody offerings, beginning 8 am on Thursday morning. The restrictions will go into effect approximately one hour before the fork. During the event, the users will not be able to sell or remove their BCH from the platform. Coinbase’s Plan During the Event Coinbase will kick into action at 8 am on Thursday, beginning to pause the withdrawals and deposits on its platform. Trading will also remain suspended during the time. The platform will then take a snapshot of the existing BCH holdings, and keep monitoring the fork for network consensus. As soon as the conditions stabilize on the network, Coinbase will notify its customers about the time and date at which they will enable transactions in BCH again. At this time, the exchange will clear all the order books, and fresh trading will begin. The exchange also said: “If another viable chain exists, customers will have the ability to withdraw funds at a future date. We anticipate this will take at least a few weeks but may take longer.” Coinbase has also urged its customers not to initiate any transactions post 3 am as it may take several hours to process those transactions. The exchange also said that it could not predict the duration of the process and for how long the trading will be paused. It will only re-enable transactions after evaluating the viability and the security of the network, along with the prospects of a new chain. Coinbase Releases a Note to Customers About the Upcoming Bitcoin Cash Fork was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

7 days ago

BCH Fight: Bitcoin Cash Bashing Heats Up, Rivals Duke it Out Ahead of Hard Fork

The cryptocurrency industry is still in its infancy, or so we keep being told. That infancy, or childishness, is often revealed on the crypto-sphere’s primary tool for communication, Twitter. No greater example has been seen than the recent battles between rival camps over the upcoming Bitcoin Cash hard fork. Three Camps, One Vision The Bitcoin Cash hard fork, set for November 15, is part on an ongoing network upgrade published in its roadmap. It is a high possibility that the two or even three versions of the fork will be updated from BCH in different ways. The three current proposals are Bitcoin ABC, Bitcoin SV (Satoshi’s Vision), and Bitcoin Unlimited. The first version is Bitcoin ABC which is essentially Bitcoin Cash in its current state with no major changes aside from a few network updates. This was founded by Bitcoin’s own ‘antichrist’, Roger Ver, last year when it split from the original chain in order to increase block size for faster transactions at lower cost. It currently has the majority of the mining power. Bitcoin SV is an opposing liberal branch led by the man often referred to as ‘Faketoshi’, Craig Wright. Its vision is to overwrite existing code and increase block size even further, from 32Mb up to 128Mb in order to scale the network even further. It does not have the community support of the other two. In the third corner is Bitcoin Unlimited which is a compromise between the two above headed by lead developer, Andrew Stone. The upgrade gives more voting power back to the miners to select the changes they want in the network. This would be achieved by switching to the Bitcoin Unlimited client and submitting a Bitcoin Improvement Proposal for proposed changes. BCH Fight The social media outbursts and claims from some of these ‘crypto pioneers’ leading up to this technological division have been a source of entertainment in themselves so here are a few ... And, no you ABSOLUTE cuck Bitcoin IS not even close to a soy boy commitee It is all use hard assed buggers bending you over to show you the light. It is capitalism. Enjoy pic.twitter.com/oLsr2I407v — Dr Craig S Wright (@ProfFaustus) November 13, 2018 The #BitcoinCash Civil War camps, $BCHSV $BCHABC summarized in a few quotes by @ProfFaustus who advocates Bitcoin Satoshi Vision and @rogerkver on the side of Bitcoin ABC. Billions at stake for both sides... Who is right at the end? $BCH #November15th #HardFork pic.twitter.com/s0KyKd94Si — Global Chain (@global_chain) November 14, 2018 BTC supporters are too incompetent to even keep the blocks full like they want. #FAIL https://t.co/7BkqaVqLZS — Roger Ver (@rogerkver) November 1, 2018 The whole BCH community are working together to kick Fake Satoshi out. The resisitence against cult leader proves the inner strength and sophistication of the BCH ecosystem! — Jihan Wu (@JihanWu) November 9, 2018 Will be interesting af to see how the $BCH hash rate reacts when #Bitmain turns on 70,000 asics to signal for $BCHABC. Does the crazy CSW have a hidden move for $BCHSV to outpower @JihanWu and @rogerkver? This #Decentralised hash war is gona be so exciting for the bystanders — Crypto Galacticos (@CryptoGalactico) November 13, 2018 If @jihanwu, @Rogerver & ABC devs want to make #Permissionless Kiddie porn sites and Silk Road Version2.0 They can piss off to #Dash They are NOT adding this to #BCH This is the ONLY real use case they have and it is not happening! — Dr Craig S Wright (@ProfFaustus) November 8, 2018 Bitcoin maximalists on the other hand are reveling in it all, harking back to their own battles when BTC split back in November 2017 to create the BCH fork; Oh well.. Karma's a $BCH. ¯_(ツ)_/¯ — WhalePanda (@WhalePanda) November 13, 2018 Regardless of ideology or fork preference, the petty squabbling is detracting from the real enemy, at least according to the original Satoshi; the centralized banking system. Essentially everyone wants the same thing, to improve the system, but they can’t seem to get over their egos to come to a human derived consensus yet. And so the tweet wars continue, at least until tomorrow when it looks like the miners will decide. Current stats on miner, node and hashrate divisions between all versions can be found on Coin.dance. Image from Shutterstock The post BCH Fight: Bitcoin Cash Bashing Heats Up, Rivals Duke it Out Ahead of Hard Fork appeared first on NewsBTC.

7 days ago

Bitcoin Cash [BCH] free falls by massive 10% a day before hard fork; BCH community awaits result

The Bitcoin Cash [BCH] hard fork slated for November 15 has created quite a ripple in the cryptocurrency community with several clashes within the BCH community adding fuel to the fire. On November 14, the cryptocurrency saw a drastic price drop causing investors and holders to panic. At the time of writing, Bitcoin Cash was sliding at a significant rate of 10.03%, with a total market cap of $8.404 billion. The cryptocurrency was trading for $482.43 with a 24-hour market volume of $1.090 million. A majority of the cryptocurrency’s trade was occurring on OKEx, with a hold on $132.182 million. OKEx was closely followed by Coinbit, which had a grasp on $124.086 million of all the Bitcoin Cash trade. Bitcoin Cash 24-hour chart | Source: CoinMarketCap The price fall has also made Bitcoin Cash the biggest loser among the top-ten cryptocurrencies, with the cryptocurrency sliding at a weekly rate of 22.31%. The upcoming hard fork has also resulted in a scuffle online between major players in the BCH space. One side was led by Bitmain’s Jihan Wu and Roger Ver, the CEO of Bitcoin.com while the other party was led by nChain’s Craig Wright and Calvin Ayre. Jihan Wu had stated: “The whole BCH community are working together to kick Fake Satoshi out. The resisitence against cult leader proves the inner strength and sophistication of the BCH ecosystem!” Cobra, the anonymous handler of Bitcoin.org and previously a supporter of Bitcoin Satoshi’s Vision, stated: “This time last year the Bitcoin community defeated: BITMAIN, ViaBTC, Bitfury, + other miners adding up to >80% hashrate, Jeff Garzik, Gavin Andresen, Coinbase, BitPay, Xapo, Blockchain, venture capitalists, etc. Bitcoin Cash now struggles with a greater opponent: Craig Wright.” The post Bitcoin Cash [BCH] free falls by massive 10% a day before hard fork; BCH community awaits result appeared first on AMBCrypto.

7 days ago

South Korea’s First Crypto Fund Shut Down Over Regulatory Pressure

South Korea is a very interesting region when it comes to cryptocurrencies. In most cases, there is nothing but positive news first and foremost. At the same time, local regulators are looking for ways to ensure the industry gains more legitimacy. This has forced the first cryptocurrency fund in the country to shut down effective immediately. A Major Setback in South Korea Most cryptocurrency enthusiasts look at South Korea as a bastion of proactive regulation. There are some efforts underway to officially regulate Bitcoin and altcoins, but it seems there is no intent on banning this form of money whatsoever. That in itself is a good thing, although there are no permanent solutions in place just yet. As this regulatory uncertainty remains in place, there will be some casualties along the way. For Zeniex, the regulatory pressure has gotten to the company in a major way. They operate an exchange, which remains unaffected for the time being. However, their cryptocurrency fund is closing down immediately. It is an unfortunate development, but something that can’t be helped either. Although it is a bit unclear why their fund is being closed, the company is adamant about doing so. Their current approach has attracted a lot of attention by regulators, which may indicate their lack of transparency is a key point of contention. All existing users should be refunded if they still have outstanding balances, though no specifics were provided on this front. For the time being, the Zeniex exchange will remain in operation. Government officials have no beef with the exchange or its activity itself, which further confirms there were genuine concerns over the fund itself. Being the first to come to market with a cryptocurrency fund gave Zeniex a competitive edge, but it seems they may have to revise that initial plan in the future. The company itself is confident they did nothing to warrant such scrutiny. More specifically, the fund tried to raise 1,000 ETH to kick off this venture. While it is unclear if that attempt was successful, the total amount wouldn’t warrant reporting the activity to the authorities either. How this will pan out exactly, has yet to be determined. Cryptocurrency funds remain a somewhat controversial concept, even in South Korea. It is expected this development will not necessarily affect cryptocurrency in South Korea whatsoever. Considering how there are so many exchanges still generating a hefty trading volume, there is no genuine reason for concern whatsoever. Even so, it seems unlikely any cryptocurrency fund will be set up in South Korea for the foreseeable future. That might hinder overall adoption a bit, luckily there are plenty of other ways to invest in Bitcoin and altcoins moving forward. The post South Korea’s First Crypto Fund Shut Down Over Regulatory Pressure appeared first on NullTX.

7 days ago

Crypto Arbitrage Today: XLM, ZEC, ETC, XEM, BCH, DOGE

In the world of cryptocurrency, altcoins create some very interesting opportunities for arbitrage trading. Today is no different in this regard, although the opportunities will usually involve using the YoBit exchange first and foremost. That in itself is not necessarily a drawback , but it can be considered somewhat of a hindrance. ZCash (Sistemkoin / Poloniex / YoBit) To kick off today’s arbitrage opportunities, it would appear there are numerous options to buy and sell ZCash for quick profits. Buying on Sistemkoin and selling on HitBTC, Poloniex, or YoBit can yield pretty nice profits. There is also an option to buy on Bitfinex, HitBTc, and Gato to sell on YoBit. Profits of up to 2% can be achieved, albeit the average is closer to 1%. Ethereum Classic (Poloniex / Livecoin / Koineks) There are some significant Ethereum Classic price discrepancies when looking at Ethereum Classic across the exchanges. More specifically, the price on Koineks is lower than Poloniex, YoBit, and LiveCoin. Buying on Poloniex, Gate, Binance, and KuCoin is also far cheaper than YoBit. Profits of up to 3% can be achieved with relative ease. XEM (Koineks / YoBit / LiveCoin) There are numerous opportunities to buy and sell XEM on YoBit for a massive profit. More specifically, its price is 12% higher compared to Koineks and 9% higher compared to LiveCoin. This makes for a very interesting opportunity moving forward, although it is evident these gaps will not remain in place for long as more users take advantage of this opportunity. TRX (KuCoin / OKEx / YoBit) There are a few intriguing opportunities for TRX trading, although buying on YoBit is the only option to score some profits moving forward. Buying on KuCoin, HitbTC, OKEx, or Gate and selling on YoBit will allow for easy gains of 1.5% to 2%. Buying on Bitfinex and Binance are also two viable options moving forward, for those who prefer those options. Dogecoin (Gate / HitBTC / YoBit) For Dogecoin enthusiast, there is such money much wow to be made when selling on YoBit. Buying Dogecoin on Gate, LiveCoin, Sistemkoin, Koineks, HitBTC, and Poloniex allows for profits up to 3.7% with relatively little effort. It is a pretty interesting market first and foremost, especially given how other markets are performing at this time. Bitcoin Cash (Livecoin / Kraken / KuCoin) For Bitcoin Cash speculators are arbitrage traders, selling on YoBit will be the best option when buying on Gate, LiveCoin, Kraken, KuCoin, HitBTC, or OKEx. Buying on Kraken and selling on LiveCoin is also an option. Profits will range anywhere from 0.7% to 4%, which makes BCH one of the more appealing altcoins to keep an eye on. Information is provided by Arbing Tool Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency. The post Crypto Arbitrage Today: XLM, ZEC, ETC, XEM, BCH, DOGE appeared first on NullTX.

9 days ago

Ripple and Tas Integration Confirmed while XRP Liquidity Getting a Major Boost

“Ripple is coming.. and TAS is ready!” says Tas website. It’s confirmed that Ripple and the software solution provider are working together as it states, “Ripple is a ‘Global, Neutral Settlement System’ for bilateral settlement and exchange.” Meanwhile, XRP liquidity gets a major boost as wallets and exchanges offer support. Ripple and Tas Working Together According to the Tas Group’s website, it is working with Ripple. On its Real-Time Settlement System section, it reads, “Ripple is coming.. and TAS is ready!” The software solution provider “serves major commercial & central banks and the main Financial Services centers in Italy and Europe and the main global broker-dealers of the Global Fortune 500.” In its one-pager, it shares there is no ‘Global Settlement System’ for cross-border transactions which is further riddled with high transaction fees, costly reserve requirements, the risk of multiple failure points, lack of visibility and has one FX provider while taking 2+ days to settle. And this is where Ripple comes into the picture that provides a ‘Global, Neutral Settlement System’ for bilateral settlement and exchange. Free to use, it involves 100% straight-through processing, full visibility meaning easier compliance, and competitive marketplace where no resources are required and take 5 seconds to settle. Present in 7 countries and over 150 clients worldwide, Tas manages more than 100 million cards internationally. The biggest payments carrier in entire Europe, Tas has been apparently been working with Ripple since 2004 as shared in XRP chat. However, the integration with Ripple now specified on its website, Tas has confirmed of collaboration. XRP Liquidity gets a Swift Kick Meanwhile, XRP is constantly adding liquidity. From today, it will get even a bigger boost as shared by XRP enthusiast Leonidas on Twitter: Since Monday 1 payment platform @advcash 9 exchanges @OKEx @CMCMarkets @GDAC @CGCXofficial @XDAEX_COM @TradeMnOfficial @coinzocom @blockportio @Tokocrypto 4 wallets @atomicwallet @eToro @SpendCard @Trezor 1 lending provider @ihaveCred and its still Thursday$XRP #XRPcommunity — Leonidas (@LeoHadjiloizou) November 8, 2018 Another addition is Belfrics, which is a global crypto exchange and currently operates in 7 countries. XRP enthusiast Leonidas further shares on Twitter, It “is offering $XRP TZS (Tanzanian Shilling) USD NGN KES (Kenyan Shilling) BTC pairs. The total XRP fiat pairs that I know of is now 44.” XRP liquidity is getting a continuous boost with listings, more trading pairs, and traction as a base currency. At the time of writing, XRP has been trading at $0.5035. The post Ripple and Tas Integration Confirmed while XRP Liquidity Getting a Major Boost appeared first on Coingape.

9 days ago

Bitcoin Cash [BCH] bleeds in the market; biggest loser in the past 24 hours with a 5% slump

Bitcoin Cash [BCH], the fourth-biggest cryptocurrency, was bleeding in the market, with the coin losing over 5% in the past 24 hours. The cryptocurrency, which had become the catalyst for a small bull run, is now the biggest loser among the top 10 cryptocurrencies. According to CoinMarketCap, at press time, Bitcoin Cash [BCH] was trading at $520.16, with a market cap of more than $8 billion. The coin had a trading volume of over $782 million and had slumped by 6.50% in the past seven days. Prior to the fall, the coin was trading at its highest peak for the month, at $628.34. Bitcoin Cash [BCH] price chart | CoinMarketCapThe highest trade volume for the coin was recorded on Coinbit with BCH/KRW pairing. This was followed by OKE, BitForex, and DigiFinex with BCH/USDT pair. Nonetheless, the coin continues to sprinkle hopes on the investors as it witnessed a sudden shoot-up in price. It boosted from $502 to $515 within 15 minutes. BCH price hike | Source: Trading View The massive slump in the BCH market has surprised the investors as a majority of them anticipated the bull run to continue for the coin for a longer duration. This can be credited to the upcoming fork scheduled on November 15, 2018, which has also split the whole BCH community. The squabble between the Bitcoin ABC and Craig Wright continues to thrive in the market. Bitcoin ABC along with Bitmain are promoting the Wormhole hard fork, whereas nChain’s Craig Wright along with Coingeek’s Calvin Ayre wants the implementation of Bitcoin Satoshi Vision [SV]. Wright claims that the SV stands right to Satoshi Nakamoto’s vision. Moreover, Roger Ver, a Bitcoin Cash proponent, recently hoped on to Jihan’s Bitmain bandwagon. This event stirred up the entire community as it marked the beginning of the Roger Ver vs Craig Wright war, with Wright sending a mail to Ver stating that he will not trade for two years and welcoming Ver to bankruptcy. All the major exchanges have also announced that they will be supporting the hard fork proposed by the Bitcoin ABC team. Jihan Wu, co-founder of Bitmain said: “The whole BCH community are working together to kick Fake Satoshi out. The resisitence against cult leader proves the inner strength and sophistication of the BCH ecosystem!” In addition to this, both the sides claim that they have the majority of the miners on their side and that they have the hash power to carry forth their implementation. The final decision of the miners will most likely be revealed on November 15 as the ABC implementation could turn out to be successful or unsuccessful. The post Bitcoin Cash [BCH] bleeds in the market; biggest loser in the past 24 hours with a 5% slump appeared first on AMBCrypto.

9 days ago

Bitcoin Cash [BCH]’s ABC implementation supported by BitPay; upcoming hard fork creates stir in the community

On November 9, BitPay, the cryptocurrency payment service provider released a circular that talked about the upcoming Bitcoin Cash [BCH] hard fork and its impact on the BitPay wallets. BitPay stated that during the fork, all the Bitcoin Cash present in the wallet will be safe. The company has also stated that it is highly recommended that users should put a pause on transactions a few hours prior to the hard fork, specifically at 10 am on the day of the fork. The platform also said: “During a hard fork , there is an increased risk that outgoing or incoming transactions can be lost or double-spent.” BitPay has informed users that the platform does not have any plans to migrate from the Bitcoin ABC implementation of Bitcoin Cash to any other implementation that might be launched post the fork. The Stephen Pair led company has also said that they would completely monitor the security risks during the fork so that users can have a seamless experience later. The announcement circular also focused on letting the community know that in case of a split in the chain, Bitcoin Cash will be supported by the company only on the chain that the company proposes, which is the Bitcoin ABC chain. They added: “In the event of a chain split resulting from the hard fork, the BitPay wallet will only support the Bitcoin Cash chain on which we resume to process payments for BitPay merchants. We do not currently have plans to make new tokens from the split available in the BitPay wallet.” The Bitcoin Cash hard fork has created quite a stir in the community with several arguments arising between the two parties on the network. One faction is led by nChain’s Craig Wright while the other side is spearheaded by Bitmain’s Jihan Wu. Roger Ver, the Chief Executive Officer of Bitcoin.com had recently talked about the hard fork, saying: “Most of the arguments on the network are about operation aspects rather than fundamental differences. Apart from the disagreement on the blockchain size implementation, almost everyone agrees that BCH should be used as the world’s currency.” Jihan Wu has also been quite vocal in the battle against Craig Wright, launching several verbal attacks at him. He had said: “The whole BCH community is working together to kick Fake Satoshi out. The resistance against cult leader proves the inner strength and sophistication of the BCH ecosystem!” The post Bitcoin Cash [BCH]’s ABC implementation supported by BitPay; upcoming hard fork creates stir in the community appeared first on AMBCrypto.

11 days ago

Crypto Community Responds to Fake Satoshi’s “F**k You” Email to Roger Ver

Two of Bitcoin Cash’s most high-profile supporters have fallen out over the pending BCH hard fork. Craig “Fake Satoshi” Wright sent an abusive email to Roger Ver earlier this week. Yesterday, Ver responded. Ver Supports Bitcoin ABC, But Thinks the Whole Fork Dispute Could Resolve Itself In a video posted to the Bitcoin.com YouTube channel, one of cryptocurrency’s earliest proponents and investors, Roger Ver, has responded to an email sent from self-proclaimed Satoshi, Craig Wright. The two early Bitcoin pioneers have each sided with one of the opposing camps in the November 15 hard fork (Ver is with ABC and Wright backs Bitcoin SV). Evidently, from the wording of the email, Wright strongly disapproves of Ver’s allegiance. Ver opened the video by screen-sharing and reciting Wright’s correspondence: “If you want a war... I will do 2 years of no trade. Nothing. In the war, no coin can trade. If you want ABC, you want shitcoins, welcome to bankruptcy. It was nice knowing you. Bitcoin will die before ABC shits on it. I will see BCH trade at 0 for a few years. Will you? Side with ABC, you hate bitcoin, you are my enemy. You have no fucking idea what that means. You will. I AM Satoshi. Have a nice life. You will now discover me when pissed off. And so. You could have had proof. Your choice. Fuck you. Craig.” After sharing the email and bringing Wright’s maturity into question, Ver contrasted the controversial crypto figure’s words with those of fellow Bitcoin SV proponent and gambling entrepreneur Calvin Ayre. The Bitcoin.com owner stated that he likes Ayre and paraphrased his response to his decision to side with Bitcoin ABC: “Hey Roger, wherever you’re ready to rejoin the camp that supports economic freedom, we’re here ready for you. That seems like something a sane person would say.” Throughout the video, Ver displayed a mixture of confusion and exasperation whilst explaining how he felt about the disagreement. The man formerly known as Bitcoin Jesus stated that he believed the fork would pass rather uneventfully. He compared it to the Y2K bug, saying that most likely there would be no long-term split but it didn’t hurt to be prepared for that outcome: “I think it’s probably unlikely that there will be a long-term fork, especially because there’s no replay protection... The only way you can prepare for [the fork] in the long-term is to make sure you can treat the two coins as separate coins.” To illustrate his point, Ver reminded viewers of the mess that was made of the Ethereum hard fork following the DAO hack. Since some exchanges did not implement replay protection, customers and exchanges lost money. Ver then mused on which chain would have the majority support if there was a long-term split. Drawing on hash rate evidence, the early Bitcoin investor stated that ABC would have a “significant majority”. He supported this with data from Poloniex, an exchange which has launched futures trading for Bitcoin SV and Bitcoin ABC already: “At the moment, it’s about 1:10 in favour of ABC but I think the volume’s pretty light still.” During the video, Ver is clearly not enamoured by the prospect of another hard fork less than 18 months after that which created Bitcoin Cash in the first place. He even goes as far as to empathise with the “Bitcoin Core” position prior to the August 2017 fork: “One thing that I guess I have learned... The core people previous were really really opposed to any sort of contentious hard fork and I think there’s some merit to being afraid of that. We’re seeing right now the damage that can be caused by having contentious hard fork.” Later in the video he also states: “I wish everyone could all just get along but that’s not reality... I wish that we could build a cryptocurrency that enables more economic freedom for the entire world.” However, Ver does acknowledge that it was only thanks to the ability of one minority group to reject the majority and fork off that created his pet project originally. Finally, the Bitcoin millionaire finally offered up some words of advice for those Bitcoin Cash holders concerned about the outcome of a fork: “Hold you coins in a wallet in which you control the private key. That’s always pretty good advice.” It was not just Roger Ver who has weighed in on the email though. Many prominent commentators and participants in the space have taken to Twitter to voice their opinion. Jihan Wu, the CEO of mining hardware giants Bitmain, tweeted: The whole BCH community are working together to kick Fake Satoshi out. The resisitence against cult leader proves the inner strength and sophistication of the BCH ecosystem! — Jihan Wu (@JihanWu) November 9, 2018 Meanwhile, Emin Gün Sirer referred to the outburst from Wright as a “meltdown”: Can we cut through the CSW meltdown quickly, and go right to the part where he starts filing frivolous lawsuits? — Emin Gün Sirer (@el33th4xor) November 8, 2018 Finally, CNBC’s Crypto Trader presenter Ran Neu-Ner posted a tongue-

12 days ago

Bitcoin Cash Community is Working to Kick CSW Out: Billionaire Jihan Wu

Jihan Wu, the billionaire co-founder of Bitmain, a cryptocurrency conglomerate valued at $15 billion, has said that the Bitcoin Cash community is working together to kick Craig Steven Wright out of the community. “The whole BCH community are working together to kick Fake Satoshi out. The resistance against cult leader proves the inner strength and

12 days ago

Bitcoin Cash [BCH] advocate Roger Ver equates upcoming hard fork to Y2K, says “nothing will happen”

Bitcoin Cash [BCH]’s recent bullish surge had laid the foundation for the cryptocurrency’s hard fork month, with the November 15 event considered as a landmark for BCH by a lot of enthusiasts and fans. Speaking to Ran NeuNer, Roger Ver, the Chief Executive Officer of Bitcoin.com and a popular Bitcoin Cash proponent, touched upon the reasons for the conflicts within the blockchain as well as upcoming changes. According to Ver, one side of the argument is led by Jihan Wu while the other side is in the hands of nChain’s Craig Wright and Calvin Ayres. Ver also stated that there are a few technological disparities between the two parties, with the implementation of the 128 MB blockchain and a few OP codes being the main focus. He stated: “Most of the arguments on the network are about operation aspects rather than fundamental differences. Apart from the disagreement on the blockchain size implementation, almost everyone agrees that BCH should be used as the world’s currency.” Neuner also asked Ver about the chance of an agreement between the two hard fork parties to which the Bitcoin.com chief replied that it will be like the “Y2K panic”, where there is a big hype which leads to no major consequences. He even added that there might possibly be another code chain on GitHub which is something that a majority of the cryptocurrency’s user base wants. He emphasized the statement that Bitcoin Cash has to be used as money because of its transaction speed and seamlessness. Ver went on to say that in terms of the hard fork, he was siding with Jihan Wu, who wants the BCH blockchain to be increased to 128MB in May 2019. He was also candid enough to admit that society needs the financial freedom that Bitcoin Cash provides, claiming it to be “worldwide money”. The hard fork’s political games have only picked up in November, with major players in the cryptoverse teaming up against Craig Wright. This was evidenced when Jihan Wu, the CEO of Bitmain, stated: “The whole BCH community is working together to kick Fake Satoshi out. The resistance against cult leader proves the inner strength and sophistication of the BCH ecosystem!” The post Bitcoin Cash [BCH] advocate Roger Ver equates upcoming hard fork to Y2K, says “nothing will happen” appeared first on AMBCrypto.

12 days ago

Bitcoin Cash [BCH] politics sees developments as Jihan Wu, Litecoin [LTC]’s Charlie Lee and ‘Bitcoin Jesus’ team up against Faketoshi

The Bitcoin Cash [BCH] blockchain’s upcoming hard fork has driven the cryptocurrency ecosystem’s eyes to it, owing to the huge amount of drama surrounding it. More recently, the CEO of Bitmain, Jihan Wu, accused Craig “Faketoshi” Wright of being a “Blockstream spy” as Roger Ver began his involvement in the politics of the fork. Wu also provided more comments on the fork, stating today: “The whole BCH community are working together to kick Fake Satoshi out. The resisitence against cult leader proves the inner strength and sophistication of the BCH ecosystem!” This is the latest in a series of tweets dismissing Craig Wright’s authority, as he claims to be Satoshi Nakamoto. Wright’s claims are also reflected in an email he sent to Roger Ver, the CEO of Bitcoin.com, in which he claimed: “Bitcoin will die before ABC shits on it. I will see BCH trade at 0 for a few hours. Will you? Side with ABC, you hate Bitcoin, you are my enemy. You have fucking no idea what that means. I AM Satoshi.” However, other cryptocurrency communities have also begun joining the fray, as seen by Tazz Alam, a BTC supporter stating: “As a $BTC (Semi) Maximalist, i gotta say I’m loving this drama.. you guys barely had any support as a whole and now that you’re fighting each other constantly, you will be even more divided and less supported.. on behalf of the $BTC community: Thank you.” Twitter user Tommy Mustache stated: “Cut your losses with BCH and come back to the good side. You got persuaded (tricked) by the smooth Roger Ver who can sell ice to an Eskimo if he wants to. I know you will lose over $100m, but you will regain respect and love from the crypto community again. Money can’t buy that.” Charlie Lee, the creator of Litecoin [LTC]: “Bitcoin Satoshi Vision is the real Bitcoin Cash. Karma’s a BCH” Cobra, the handler of Bitcoin.org and previously a supporter of Bitcoin Satoshi’s Vision, stated: “This time last year the Bitcoin community defeated: BITMAIN, ViaBTC, Bitfury, + other miners adding up to >80% hashrate, Jeff Garzik, Gavin Andresen, Coinbase, BitPay, Xapo, Blockchain, venture capitalists, etc. Bitcoin Cash now struggles with a greater opponent: Craig Wright.” The post Bitcoin Cash [BCH] politics sees developments as Jihan Wu, Litecoin [LTC]’s Charlie Lee and ‘Bitcoin Jesus’ team up against Faketoshi appeared first on AMBCrypto.

12 days ago

XRP, Bitcoin Cash, & Dogecoin Down the Most among Top Altcoins & The Glorious Victory of BAT

With Bitcoin, Ethereum, Stellar and others in red, a majority of the cryptocurrencies are in correction Dogecoin, Bitcoin Cash, and XRP are down the most among the top altcoins With over 110% rise in a month, BAT price is costly on a surge Cryptocurrencies in Correction The majority of the cryptocurrencies are retracing after enjoying gains for the past couple of days. The leading cryptocurrency Bitcoin is currently down by 0.46 percent at $6,499 maintaining its stability around $6,500 level. As for the top altcoins, This has the BTC dominance reach 52 percent. As the crypto market goes red, the total market cap goes loses about $5 billion of the value. Among the top altcoins, Bitcoin Cash (BCH) is down the most by 4.20 percent at $601. Recently, BCH saw a surge of 40 percent on the back of the news of its upcoming hard fork on November 15. XRP is another cryptocurrency which is down by the most i.e. by 3.61 percent at $0.5136 among top cryptos. Just a few days back, XRP has been the largest gainer with over 12 percent 24-hours gains as XRP becomes a base currency on exchanges and Ripple shares its plans to open Dubai office. At 25th position, Dogecoin (DOGE) is another altcoin which is down by 5.54 percent at $0.0034. Aeternity (AE) is bearing the highest losses by 12.78 percent at $1.18 while Eternal Token (XET) is today’s biggest gainer with 47 percent greens while having the daily trading volume of less than $900k. BAT- The Winner with over 110% Surge in a Month For over a month now, Basic Attention Token (BAT) is almost constantly on an upward movement as shown in the chart below. From $0.155, in October, BAT has risen over 110%. At the time of writing, BAT has been trading at $0.3713 while being up by 13.52 percent. Currently, at 26th position, the listing by Coinbase played an integral role in giving a swift kick to BAT price. With a $371 million market cap, this cryptocurrency is managing the daily trading volume of more than $34 million. Additionally, “Basic Attention Token radically improves the efficiency of digital advertising by creating a new token that can be exchanged between publishers, advertisers, and users,” the core idea of the cryptocurrency is keeping the investors interested and prices surging. The post XRP, Bitcoin Cash, & Dogecoin Down the Most among Top Altcoins & The Glorious Victory of BAT appeared first on Coingape.

13 days ago

Here are couple events that Cortex is going to kick off this...

Here are couple events that Cortex is going to kick off this November! Please check the link here for more informat… https://t.co/7UkAnJjh15

15 days ago

Ethereum Offers Ethereum Classic A Helping Hand

 Listen Here - https://soundcloud.com/cryptodaily/the-ethereum-classic-conspiracy Ethereum Classic is the Bitcoin Cash of the Ethereum blockchain. Produced as a hard fork from the original Ethereum project in 2016, the aim of Ethereum Classic was to allow developers and Ethereum fanatics to take back control of the Ethereum blockchain, allowing it to remain close to its roots and exist as an Ethereum project, with tight connections to the original Ethereum’s morals and values. According to the Ethereum Classic Website: “Ethereum Classic (ETC) is a smarter blockchain, it is a network, a community, and a cryptocurrency that takes digital assets further. In addition to allowing people to send value to each other, ETC allows for complex contracts that operate autonomously and cannot be modified or censored.” Furthermore: “This may be best explained with an analogy, imagine Bitcoin as a landline phone—it does one thing very well. ETC is like a smartphone—it can do everything Bitcoin can and much more. If the Internet was simply a bunch of interconnected computers, and didn’t have any users or creators making websites, it would be largely useless. In much the same way a blockchain needs users and creators. ETC has both and we’re working on solving real world problems of interconnecting people and their devices.” In essence, Ethereum Classic is a product that has been designed to take Ethereum one step further, without losing sight of the original aims and goals of Ethereum. Because of the nature of the hard fork, some hostility does exist between fans of Ethereum and Ethereum Classic, with many from the Ethereum Classic camp arguing that actually, Ethereum is the newer currency and that Ethereum Classic is actually the original Ethereum cryptocurrency. It gets a little complicated, but as we know similar hostility exists between Bitcoin Cash and Bitcoin too - I guess crypto-fans just like to argue, don’t they? The Ethereum Donation So despite the hostility and despite both projects being distinctly different, according to a new announcement by Virgil Griffith of the Ethereum Foundation, Ethereum’s special projects branch have made a donation of 15,000 ETC to the Ethereum Classic Cooperative, that’s just shy of $150,000.00. The Ethereum Classic Cooperative have been set up to help direct and fund the Ethereum Classic project. Known as ECC, the cooperative focus on funding the development of the Ethereum Classic project, the marketing of the project and also offer funding to community members within the project, therefore the donation made by the Ethereum Foundation will go directly into the future development of Ethereum Classic. Who are ECC? According to the ECC website: “The ECC believes that the Ethereum Classic protocol can enhance the ways that information and value are shared in a digital economy, and is committed to doing its part to realize this potential. Featuring a flexible and intuitive smart contract programming platform that is powered by ETC, Ethereum Classic can propel the development of a global, secure, and decentralized Internet of Things. The ECC has established guidelines for the deployment of its capital across three core investment areas: (1) development; (2) marketing; and (3) community. The ECC will also introduce accountability standards that will be used to monitor the progress of its investment program.” A Spark in the ‘Ethereums’ Relationship As stated then, there has historically been hostility between Ethereum and Ethereum Classic, however in May 2018 this hostility was dampened a little when the Ethereum Foundation invited an official from Ethereum Classic to a conference, in order to sort of some of the differences between the two projects with the aim to create a plan for the future that see’s the two teams work together. According to the announcement by Griffith: “In May 2018 relations began to soften when the Ethereum Foundation invited Anthony Lusardi to speak at the EDCON conference on How ETC and ETH can work together. The Ethereum Classic Cooperative then likewise invited yours truly to speak at the ETC Summit on the same topic.” By making this donation, Ethereum are kick starting what looks to be a new and more positive relationship between the two projects, one that hopes to inspire Ethereum Classic to grow and, by the looks of it, make Ethereum look good in the process. If they didn’t want to gain some positive PR from this, then why would they make a donation of such a high value? According to Griffith: “To celebrate and foster these thawing tensions, we have decided to donate 15,000 ETC (~$150,000 USD as of this writing) to the Ethereum Classic Cooperative. This decision will undoubtedly be met by some with confusion — after all, this is funding that could go into the next wave of grants.” Why have they made this donation? Well, according to Griffith: “The Ethereum Foundation is committed to a diversity of quality, production-capable clients, and alongside n

21 days ago

Kick start your Wednesday with the latest episode of @SAFEcr...

Kick start your Wednesday with the latest episode of @SAFEcrossroads with MaidSafe's @nbaksalyar speaking about our… https://t.co/YaueUyETOt

21 days ago

How would you like to be part of a Digital World?

The world of money and indeed payments has evolved dramatically. Just 10 years ago, international payments were very expensive and slow making it very difficult to send money across borders in a timely fashion if it is possible at all. The advent of blockchain technology and cryptocurrency has revolutionized the payment industry, making it possible to send and receive money in seconds. Many individuals and organizations have seen the advantages of this technology and are already enjoying it while governments and authorities around the world still kick against it. But the question is what will a world without physical cash look like? How will you like to be able to pay your school fees from the comfort of your room using electronic money knowing there is no possibility that the money will get missing? Blockchain technology is here to ensure safe, easy and fast funds transfer from one end of the world to another. Imagine that you could make donations to a charity or for any cause from anywhere without having to go through Western Union and paying exorbitant fees. A major problem especially in developing nations is corruption. This problem is encouraged by the use of physical cash. Imagine however that every money allocated for project, salaries and all are fully accounted for on a ledger that cannot be altered. Every financial transaction will be made available for anyone to verify and as such, embezzlement of funds will be a forgotten issue. Processes such as obtaining licenses and other government-issued credentials will be made easy and fast. Imagine that you don’t have to carry credentials in the form of paper which can be destroyed by fire, water or any other factor in the environment. Physical cash is already on its way out while electronic payment is here to stay. This is the beginning of things to come as more and more adoption is witnessed every single day. Not only the world of money can use blockchain, but machines will also be built using blockchain technology and this has already started with the use of Internet of Things (IoT). This world of endless possibilities is here already but we need to work towards its perfection. Sharing of knowledge and ideas is what will drive us towards perfecting such a world of better life for everyone. A world that will afford the poor and downtrodden the same privileges as the rich and powerful At the Blockshow Asia 2018, ideas will be shared and possibilities explored. It will be a week-long opportunity for you to contribute to the growth and development of blockchain to bring about the world we always dreamt of. You can make a donation to this cause or buy a ticket to witness the whole event first hand. Not only will you be a listener but you could also contribute to improving blockchain to build a digital world that makes everything better. The post How would you like to be part of a Digital World? appeared first on ZyCrypto.

22 days ago

Interview: Blockstream’s Allen Piscitello on Liquid, the Lightning Network, and Bitcoin Core

Allen Piscitello, Blockstream’s Director of Product Management whose main professional focus has been on the Liquid Network, has agreed to answer to a few of Vlad Costea’s questions. This interview is part of Crypto Insider’s celebration of Bitcoin’s tenth anniversary, as Satoshi Nakamoto has famously published the Bitcoin Whitepaper on October 31st 2008. Conceptually, it’s fascinating to observe how far Bitcoin has come: we’ve reached the point where sidechains and second layer solutions are realistic and functional implementations, so Satoshi’s vision of having a scalable competition for banks while retaining accessibility and decentralization is closer to us than ever. However, Blockstream has managed to become a divisive entity in the Bitcoin community, as some members have questioned its legitimacy and its intentions. On one hand, it’s the most upfront, vocal, and involved company in the development of every project which seeks to build layers on top of Bitcoin without compromising the decentralization of the network. On the other and, it seems to be centralizing the talent, the brains, and the resources under a common institutional umbrella, and this type of arrangement is bound to attract criticism. For the purpose of describing Blockstream’s latest releases and the overall involvement in projects such as the Lightning Network and Bitcoin Core, Allen Piscitello has agreed to speak to Vlad Costea and answer to both uncomfortable and PR-friendly questions about the products. As a bonus, the video attached and the transcript also contain a brief dialogue about Magical Crypto Friends, the show which is sometimes deemed as “Blockstream propaganda”. There’s no better way to celebrate this unique anniversary than to get an insight on the future of Bitcoin — and whether you like it or not, the company founded by the likes of Adam Back, Gregory Maxwell, Mark Friedenbach, Pieter Wuille, Jonathan Wilkins, Erik Svenson, and Jorge Timon is the pioneering entity which takes Satoshi Nakamoto’s invention to unprecedented highs. Vlad: Hello and welcome to the Crypto Insider interview! I’m Vlad and today I will be interviewing Allen Piscitello who works for Blockstream, and I’m going to allow him to introduce himself and distinguish between whether or not he speaks on his behalf, or he mentions whatever the statement or the views of the company are. And please, you may speak right now. Allen Piscitello: Alright, yes. My name is Allen Piscitello, the Director of Product Management of Blockstream. That’s what my job is, to help define products that we build at Blockstream. My focus has mostly been on Liquid, which we just released in the last couple of weeks, we have quite a few different exchanges, financial institutions, brokers, traders on this platform to have faster and more private Bitcoin transactions along with other assets. I’ve been at Blockstream for just over a year, I’ve been in the Bitcoin space for nearly seven years as well. So I’ve been following Blockstream since the very beginning and have only recently joined. So thanks for having me on, Vlad! Vlad: Oh, this is a privilege! It’s the first time when I speak with somebody from Blockstream. And there is some sort of mystification of Blockstream going on online. If you read many threads on Reddit, they’re going to mention “Oh these people are not very transparent. They don’t want to speak. They’re concealing themselves from the public eye!”. And I even watched a video, which I think was on the Monero threads, and it was at some conference where Adam Back was also attending. And Fluffy Pony just went there to the reporter and gave and interview while Adam Back had to be persuaded, and he was a little more reluctant to speak to the reporters. Is it just because he’s shy, or do you think he has something to conceal from the reporters, as they might ask malevolent questions? Allen Piscitello: I think it depends on the situation, I know Adam’s definitely one of the more shy people out there. I remember one of my first exposures to Adam, actually, was in 2013 when there was a big deal that they had him on a podcast. And he was very, I think, quiet. He didn’t say very much about things and that’s changed a lot over the years: he’s been speaking at a lot of conferences and he’s been fairly influential in the space. But you know, I think that his comfort zone is in building cryptographic systems and coming up with great ideas rather than being the PR frontman. So I think that might be part of what was going on, I think there’s also a little bit of concern because there are a lot of not-so-fair journalists who do have an agenda. You know, some random stranger comes up, it might not be clear if it’s someone looking to get a “Gotcha!” moment or someone looking to have an honest interview. So I think that might be part of it as well. But I wasn’t there, I can’t speak exactly for what it is, I can only speculate on what it is based on how I know Adam. Adam’s always

22 days ago

Waltonchain Price Surges as Q3 Report Pleases Investors

Even though most of the top cryptocurrency markets are still in the red right now, it is interesting to see how some currencies still note solid gains. Waltonchain is going through a nice uptrend at this time, primarily because of its gains over both Bitcoin and Ethereum alike. That in itself shows this altcoin still has some life left after a rough decline throughout 2018. Waltonchain Price is Rising Quickly Although Waltonchain used to be an active part of cryptocurrency discussions earlier this year, things have seemingly ground to a bit of a halt in recent months. Considering how the year 2018 is incredibly bearish for all cryptocurrencies, such a negative trend is entirely to be expected. Despite this negative trend, it would appear Waltonchain is trying to achieve one last push in late 2018. Over the past 24 hours, the value per WTC has risen quite spectacularly. A very solid uptrend is taking place across the USD, BTC, and ETH markets alike. That shows interest in this altcoin isn’t slowing down, and its trading volume seems to be shaping up nicely. This current trend is seemingly more than capable of pushing the WTC price all the way to $3.5 and potentially a bit more, although it is still too early to draw any real conclusions. Looking across social media, it would appear there is plenty of buzz regarding the Waltonchain Q3 work progress summary. A lot of interesting milestones have been reached, and the future work should not be underestimated either. Any cryptocurrency needs to keep evolving at all times, and it appears Waltconchain is checking a few of the right boxes in this department. Waltonchain Work Progress Summary for Q3https://t.co/UBGqALAzoe#Waltonchain $WTC #Blockchain #IoT #Q3 pic.twitter.com/D78nknXxES — Waltonchain (@Waltonchain) September 30, 2018 Traders and speculators are also keeping a very close eye on Waltonchain and how things are evolving over the past few hours. More specifically, it appears Waltconchain could break a bit higher in the coming hours, even though there are plenty of people already taking profits at this stage as well. The ongoing search for gains and profits is still in play in the crypto industry after a very rough year. #wtc looking like it wants to break hhigher enjoying the volume #btc pic.twitter.com/oTSWjFzjdU — westfsu (@lunastuneas) October 29, 2018 Earlier this week, it appeared the Waltonchain volume on the Bithumb exchange was rising pretty quickly. It is possible this has something to do with the most recent Waltconchain price increase, even though this volume appears to have calmed down a bit ever since. It is very difficult to sustain uptrends in this industry in this day and age. $wtc volume just topped 150mn on bithumb!! here we go #waltonchain #wtc pic.twitter.com/e1KFoW7vM1 — Johnny BKK (@bkk_johnny) October 28, 2018 All current circumstances paint a further Waltonchain price increase to $3.5 and perhaps slightly more. It will be interesting to see if such a trend can be created, let alone sustained. Bitcoin is still getting battered, and it will drag WTC with it eventually. For now, traders need to enter the market with care, as profit-taking can kick in at any given moment. The post Waltonchain Price Surges as Q3 Report Pleases Investors appeared first on NullTX.

22 days ago

Ripple (XRP)’s Strong Bearish Momentum Lasted Less Than A Month

Ripple (XRP) has been in a correction for as long as the rest of the market. However, the sentiment towards Ripple (XRP) has remained a lot different than that that towards most cryptocurrencies. This optimism towards Ripple (XRP) stems from the promise of XRP eventually replacing fiat currencies. Given the low cost and high speed of XRP transactions, it is easy to see why most Ripple (XRP) investors strongly believe in this promise. Most of the time, we see that markets do not care about sentiment. It is also true in the case of Ripple (XRP) and as we can see the price declined all the way $3.2 against the wishes of most investors. However, there are still strong signs of an unwavering belief in Ripple (XRP) even during the bear trend. The first, more important indicator of retail investors’ unwavering belief in Ripple (XRP) can be seen on the charts. The lower half of the above chart for XRP/USD shows a diagram of Elder’s Force Index (EFI) for Ripple (XRP). If we look at this indicator, it shows that the price of Ripple (XRP) surged with incredible strength in late 2017. It also shows that the price of Ripple (XRP) fell with incredible weakness in early 2018. In other words, both the climb and decline were extremely powerful and they happened in very short periods. Even though Ripple (XRP) continued to fall in the subsequent months, the sentiment was never truly bearish. Now, looking closing at the Elder’s Force Index (EFI), we can see that the bearish momentum ran its course in January 2018. After the month of January, the bearish momentum was lost. While the price did decline along with the rest of the market, the bearish momentum was no longer there. In fact, as the EFI shows, the price did manage to break out at two points but was dragged back into correction by a falling Bitcoin (BTC). The first time that happened was in April and the second time it happened was in September this year. The second and most obvious sign is that Ripple (XRP) was one of the first cryptocurrencies to break the downtrend and actually attempt to begin a new cycle. For the third largest coin by market cap to make such a big independent move is nothing out of the ordinary. Chart for XRP/BTC (1W) Sure, most Ripple (XRP) investors would love to see Ripple (XRP) just cut off all ties with Bitcoin (BTC) and break free to do what it wants. However, the fact remains that strategic decisions in the market are made by whales and they do not care about sentiment. Many retail investors in Ripple (XRP) wanted to kick off the XRP rally, but for every XRP loyalist there are whales that do not care about sentiment and would gladly dump on you to choke that rally if it means making a profit. Nevertheless, it was still a solid indicator of retail investors’ special feelings for Ripple (XRP) and confirms our view that Ripple (XRP)’s true bearish momentum lasted less than a month. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1538128067916-0'); }); The post Ripple (XRP)’s Strong Bearish Momentum Lasted Less Than A Month appeared first on Crypto Daily™.

23 days ago

XRP Tip Bot App Ready to further Boost XRP Adoption

XRP Tip Bot is now available on App Store and Google Play and all set to further help in XRP adoption. Meanwhile, price is in the red and bears and bulls are battling for dominance on XRP. XRP Tip Bot on App Store and Google Play XRP gets a swift kick with XRP Tip Bot now made available on App Store and Google Play. A third-party software, it is built on XRP Ledger by a developer named Wietse Wind. The website mentions currently one can send up to 20 XRP. As for how to actually send your cryptocurrency, one needs to get the app and scan the activation QR. The website further instructs that now one has to log into the XRPTipBot through Twitter, Reddit, or Discord. “After logging in you’ll see a QR code. You can scan this QR code with your mobile device.” Now one can send and receive XRP tips in real life, it further adds “Visit your Account App page to download your own Donation QR code.” Recently, in an interview, developer Wind shared, “With the XRPTipBot App it’s really easy to Tip your friends, family or even stores or restaurants in real life. Just enter the amount and scan a QR code. The QR codes on the XRPTipBot Personal Donation pages work as well.” Initially, the app will allow the users to activate by scanning the QR from their desktop. In the meantime, the team is working on its mobile activation. Not long ago, Coil, another third-party micropayment platform integrated XRP Tip Bot and allowed users to make micropayments in XRP. People have been already tipping each other XRP on a number of platforms and the easy availability of this through the app and further on mobile will only add to its usage and ultimately XRP adoption. Meanwhile, the world’s third largest cryptocurrency is trading at $0.4578 while being in red by 0.14 percent. XRP 15-days price chart, Source, Coinmarketcap With a market cap of $18 billion, it is managing the daily trading volume of about $202 million. The price maintaining somewhat of a consistency for the past 15-days with a few exceptions. Currently, bears and bulls are battling to decide in which direction XRP will move as it keeps below $0.50. The post XRP Tip Bot App Ready to further Boost XRP Adoption appeared first on Coingape.

25 days ago

DApp blockchain network Vite setups testnet incentive plans

CryptoNinjas Vite Labs, which is set to launch its testnet for their decentralized application platform has announced incentivize plans for participation. The incentive plan will kick off after the testnet is launched, and after Vite releases a system for... DApp blockchain network Vite setups testnet incentive plans

a month ago

More Stable Than NASDAQ: 3 Factors That Could Wake Up Bitcoin Price

With the exception of brief volatility caused by Tether (USDT), Bitcoin has made a name for itself as a stable asset in recent months - what could shift the status quo? Bitcoin More Stable Than Nasdaq As 2018 rolls on, investors are eyeing multiple possible catalysts that could send prices soaring across cryptocurrency markets. The desire is real; since mid-September, Bitcoin 00 managed to beat Nasdaq’s volatility record to form an unusually safe haven. Leading the way are institutional traders, their accompanying billions of dollars and an increasingly formalized stance on the industry from US regulators. Wall Street Dips Toes Into Bitcoin It’s not secret that the long-awaited opening up of crypto to Wall Street is about to go live. While investors had a taste of the effect last December with the first Bitcoin futures contracts, few major products have hit the market in the meantime. Now, Intercontinental Exchange looks set to kick off a domino effect of Bitcoin investment products, confirming plans to launch its Bakkt physical Bitcoin futures December 12 (subject to getting the nod from regulators). In the offing are also competitors Goldman Sachs, Morgan Stanley, and Citigroup, all of which claim to be responding to customer demand for crypto. Fidelity Investments, announcing its own entry this month, focused on solving the issue of regulated custody, an achievement Galaxy Digital’s Mike Novogratz has publicly acclaimed. Bitcoin ETF on the Horizon Despite the round of rejections Bitcoin exchange-traded funds (ETFs) received from the US Securities and Exchange Commission (SEC) in August, the matter is far from settled. A mediation process continued this week after applicants met with the regulator to discuss concerns - and in the case of VanEck, explain that these were no longer areas of contention in their offering. A green light for ETFs to begin trading would spark a price increase, commentators have long claimed, but such an eventuality is only expected next year at the earliest. Fundamentals Beyond speculative market activity, the underlying health of Bitcoin has only increased during its lengthy price climbdown from last December’s all-time highs amid a record high network hashrate, which market analyst Max Keiser says is followed by price. Dedicated research on the topic has concluded that while there remains some room for more downside in the short term, the network is ready to sustain a U-turn. It’s sentiment shared by analysts such as Tom Lee, who this week suggested it was unlikely that prices would fall below a “floor” of $6000. “Where can the surprise take place? I know a lot of people think Bitcoin’s price will collapse to $3000,” he told Bloomberg. “I think what’s more probable a surprise is that we have a very explosive increase in price.” What do you think about factors to make Bitcoin hit new highs? Let us know in the comments below! Images courtesy of Shutterstock, Blockchain.info The post More Stable Than NASDAQ: 3 Factors That Could Wake Up Bitcoin Price appeared first on Bitcoinist.com.

a month ago

Nexo Price Surge Elevates Altcoin Into Market Cap Top 65

In the world of cryptocurrencies and altcoins, currencies often tend to rise in value for no apparent reason. In the case of Nexo, the current price increase is quite steep, primarily because the platform is offering some new features. All of these developments seem to spark an interest in the project’s native token all of a sudden. Nexo Price Rise is Becoming Steep It is quite interesting to see how altcoins tend to thrive when Bitcoin is going through an extended rough patch. Although not much is happening in the top 20, it has become apparent the top 100 is quite different in this regard. Nexo is such an interesting example, even though it is doubtful this uptrend will remain in place for very long. In the past 24 hours, the value of Nexo has risen by over 24% in the USD, BTC, and ETH departments. That is a very interesting trend, especially when considering how nearly no other currencies note any gain whatsoever. Even so, the overall trading volume of just over $31.m might not be sufficient to sustain this uptrend for very long. The biggest news today is how the value of Nexo is primarily influenced by XRP-related news. The project itself focuses on instant crypto-backed loans. Now that the parent company supports XRP as a currency for such loans, it is getting a lot of attention all of a sudden. A peculiar correlation. #XRP-Backed #Crypto Loans Now Offered by #Nexo https://t.co/AmvJ50DFl3 — Mr (@LinleyHermance) October 25, 2018 At the same time, there is a lot of speculation as to whether or not Nexo is an option worth keeping an eye on right now. Fly Guy Ethereum is convinced Nexo is a “shitcoin”, which is a pretty harsh label to contend with. At the same home, its value has risen significantly, and the current gains over the past three months are adding up quite nicely already. #nexo $nexo why smell #bitcoin roses when you can party with a #shitcoin ? pic.twitter.com/2s4HYloGkb — Fly Guy #ethereum (@FlyGuyInTheSky) October 25, 2018 Those who do like Nexo, on the other hand, are quite happy to see Nexo in the top 100 ranked by total market cap. This current uptrend caps off a 200% gain in the past month alone, which is pretty interesting, all things considered. As such, it will be interesting to see what the coming days offer for this altcoin, as this bull run appears to be unsustainable. $NEXO now ranked #67 in the top 100 in the #cryptocurrency market cap! Up over 200% in the last month! @NexoFinance #NEXO https://t.co/KIjTCKjE2O pic.twitter.com/1rtCfikHTm — CryptoCurrency (@crypto_goat_) October 25, 2018 Although Nexo offers a more than welcome reprieve in the world of cryptocurrencies, one has to keep in mind steep gains often lead to even bigger corrections. Some profit-taking will kick in for Nexo sooner or later, which can easily send the price below $0.15 in quick succession. A lack of overall trading volume isn’t helping matters much either in this regard. The post Nexo Price Surge Elevates Altcoin Into Market Cap Top 65 appeared first on NullTX.

a month ago

@yugo23 Sure! Actually this is a great reason to finally kic...

@yugo23 Sure! Actually this is a great reason to finally kick this series off as this question comes up frequently.… https://t.co/9hzjnLlLCj

a month ago

Decred Price Rocket Pushes Forward as Binance Announces DCR Listing

Altcoins usually thrive when exchanges decide to list specific assets in the future. In the case of Decred, its price has risen significantly once Binance confirmed they would open DCR trading as of tomorrow. A bit of good news can send cryptocurrency markets in either direction fairly quickly these days. Decred Price is Tearing it up It is refreshing to see some interesting uptrends taking place across the numerous altcoin markets today. Even though it would seem Bitcoin’s ongoing sideways action will drag all altcoins with it, Decred proves to be a very interesting exception in this regard. Its current gain has pushed the market cap well past the $400m mark, and the trend appears far from over at this stage. Over the past 24 hours, the Decred price has risen by over 21% in the USD department. There is also a 21.5% increase over Bitcoin, which is far more interesting to keep an eye on. This seems to indicate most altcoins might see a pretty bullish week in the near future, depending on what happens to Bitcoin itself. One DCR is now valued at just over $47, a value that shows this altcoin is far from dead. The big news for Decred is how the altcoin will be listed on Binance as of tomorrow. The altcoin could attract a fair bit of liquidity, even though that has always been one of its weaker points on the exchanges it can currently be traded on. The bigger question is what this means for the currency exactly, primarily where its long-term value is concerned. #Binance Will List #Decred ( $DCR) on 2018/10/24https://t.co/b4EPrXG9cQ pic.twitter.com/SJEtkfeH3D — Binance (@binance) October 23, 2018 As is always the case, some people already think Decred is trading on Binance, which is incorrect. It is certainly true this news will yield some interesting market momentum for the foreseeable future. The Trader FX is keeping an eye on the DCR/BTC market first and foremost, as there is still plenty of room for additional gains in this regard. Strong gains for #DCRBTC as #DCR listed on Binance exchange https://t.co/wOl1hLB5DI #Crypto #cryptotrading #cryptocurrency — The Trader FX (@TheTraderFX) October 23, 2018 This sudden Decred price momentum also triggers a price discrepancy between different trading platforms. An interesting arbitrage opportunity became apparent a few hours ago. Buying DCR on Huobi and selling it on KuCoin would yield gains of over 70%. That is a very hefty arbitrage opportunity, although it seems prices have somewhat normalized between both platforms at this time. Hurry! 78.77% direct arbitrage in #DCR.If you buy DCR in BTC market from #Huobi and sell it on #Kucoin in BTC market, you can make a profit of 78.77%. — KoinKnight (@KoinKnight) October 23, 2018 Courtesy of the current momentum, there is a good chance the Decred price will surpass $50 before this day is over. Sustaining such a major uptrend, on the other hand, might prove to be a bit more difficult than originally anticipated. Although things look pretty bright right now, there is a good chance some profit-taking will kick in sooner rather than later. The post Decred Price Rocket Pushes Forward as Binance Announces DCR Listing appeared first on NullTX.

a month ago

Bloomberg Staged A Simple Poll To Find Out What People Thought Of Cryptos, The Results Were Interesting

It’s not every day that you get people to say what they think about a global issue, but that’s exactly what Bloomberg did. One of Bloomberg’s hosts organized a live poll whereby the participants were to answer a few very important questions about what they thought of cryptocurrencies and the future of the budding industry. In fact, the participants only needed to answer 3 questions. The answers to those 3 questions speak volumes about what the majority of the people really think about the industry. What’s The Future Of Cryptos? To kick off the exercise, the host required participants to whip out their phones and join the live poll. Next, the host dropped the first question. For this first one, people were asked what they thought would be happening in the crypto space within the next 2-5 years. Basically, this question was aimed at testing the people’s optimism about cryptos, and the results were pretty catchy. Apparently, 55% of the people were positive that cryptos are headed for a steady rise while 28% thought the digital assets could take a downward direction. Interestingly, 8% thought cryptos are headed for the stars while 9% expected cryptos to disappear within the next 5 years. How Long Will They Be Around? Next up, the host asked the participants to estimate a time period that they thought cryptocurrencies would be a thing on this planet. The results from that second question practically answered every other question in anyone’s mind about cryptos. A cool 81% of the people are in favor of cryptos staying with us beyond 5 years, while a measly 17% think that digital assets might be gone within the next 5 years. Only one person voted that cryptos could be gone within a year. Now, that’s almost sounds funny, given the various developments going on in the crypto world. Are Governments Scared Of Digital Currency? The third and last question was rather two-pointed. It sought to find out if cryptos are really a threat to fiat’s sovereignty and if they could threaten governments. The results for this one were rather competitive, with 48% voting YES against the 52% that voted NO. All in all, the poll’s objective was clearly met, and from the look of it, cryptos seem to have garnered quite some support over the last few years. As such, the most rational prospect would be a near-future financial revolution spear-headed by mass adoption of digital assets. The post Bloomberg Staged A Simple Poll To Find Out What People Thought Of Cryptos, The Results Were Interesting appeared first on ZyCrypto.

a month ago

Happy Monday, KICK Community! Read this story on one citiz...

Happy Monday, KICK Community! Read this story on one citizen, who built the house full of KICK logos!😲🏠… https://t.co/0ySXBGAGSn

a month ago

Nano Price Uptrend Remains Intact as Value Surpasses $2.1

Some interesting momentum is brewing for the Nano altcoin right now. Although it is still too early to speak of a proper market reversal, the current development shows there is some life left in the altcoin department. Despite a solid increase in the BTC and USD ratio, Nano’s price remains above $2 with relative ease. Nano Price Continues its Uptrend It is an interesting weekend for all cryptocurrencies, even though the gains across the board are pretty slim, all things considered. As long as Bitcoin doesn’t show any real bullish or bearish pressure in the near future, causing altcoins to note some small gains or losses in the process. For Nano, things are heading in the right direction right now, although the momentum still remains somewhat shaky first and foremost. Over the past 24 hours, the nano price has risen by roughly 4% in the USD department. That means the altcoin sustains its value of $2 with ease, and has even reached a new level of $2.1. That is a pretty promising trend for altcoin speculators, even though it is not necessarily sufficient to keep things moving in this direction for the foreseeable future. The 3% gain over Bitcoin, on the other hand, is a bit more promising. Unfortunately for Nano, all of the discussions across social media have something to do with price speculation right now. Considering how this is a sign there isn’t anything spectacular happening to Nano right now, one has to wonder how it impacts the overall market momentum. K Sizzle thinks Bitcoin’s price will push to $7,000 and drag altcoins with it. Shortly after, a retrace will kick in, which is rather common. Seems like a plausible route to 7k mark before a retrace #btc #vet #qsp #omg #xvg #nano #ada #XLM #tpay #eca pic.twitter.com/fRSDGtxEUu — K Sizzle (@KSizzle021) October 21, 2018 Some traders are convinced the Nano price will remain under pressure from people looking to push the value below $2 once again. Whether or not that will effectively happen in the near future, is a different matter altogether. For now, the momentum looks positive, but this trend will effectively lead to a small correction sooner or later. NANO stays under pressure, watch key resistance by trader CryptalDash published October 05, 2018 #bitcoin #nano #nanobtc #btc #cryptocurrency #nanocoin https://t.co/SPp354Nhvy pic.twitter.com/Ofo6XkJuwY — BitcoinAgile (@bitcoinagile) October 21, 2018 Last but not least, Torjus Gaaren is looking for further Nano price gains in the near future. Although the current momentum seems to warrant cautious optimism first and foremost, one has to keep in mind no financial market can continue to rise indefinitely. In the case of Nano, this trend remains in place, although its week trading volume can easily trigger a big sell-off in the future. #NANO very good trade with clear target if it breaks out upwards. Trade described in chart. pic.twitter.com/7hcK6woxMz — Torjus Gaaren (@TGaaren) October 20, 2018 With all of these trends in place, it will be interesting to see what the future will hold for Nano. It is still one of the most resilient altcoins on the market, and its push into Venezuela will undoubtedly continue to generate a fair bit of attention. Altcoins are in a good place right now, which might very well hint at a continual uptrend in the future. The post Nano Price Uptrend Remains Intact as Value Surpasses $2.1 appeared first on NullTX.

a month ago

Estonia’s Government to Devcon, Cory Doctorow “Decentralize, Democratize, or Die”

The biggest blockchain coding event ever is to kick off on October 30th with “light” talks given on that day like “How To Design for Humans” and “BUIDL a Mesh... The post Estonia’s Government to Devcon, Cory Doctorow “Decentralize, Democratize, or Die” appeared first on Trustnodes.

a month ago

OKEX Tim Byun Talks about ETFs, Regulations, The $460M liquidation, Star Xu Rumors and More

OKEX is a world leading digital asset exchange based in Malta. The company provides hundreds of token trading pairs as well as derivatives, serves millions of users in over 100 countries, and handles nearly $1.5B of daily trading volume. We had to chance to interview Tim Byun, OKEX’s Chief Risk Officer. We discussed what got Tim interested in Bitcoin, the companies’ recent relocation from Belize to Malta, and why Tim believes, from features and regulatory standpoint, OKEX stands out from other exchanges. In the interview, Tim talks about his unique role in OKEX, how he heard about Bitcoin the first time, the $460 million controversy that made Star Xu, OKEX founder, put his own money and lastly - talks about the rumors about Xu’s arrest (scroll down to see if it was true or false). How would you describe your role as the CRO of OKEX? What are your primary responsibilities? As the Chief Risk Officer and head of government relations for OKEX, My primary role is to ensure that we are abiding by rules and regulations. For OKEX, which is our token-to-token only platform, it’s exciting because different countries have different rules for token-to-token only platforms. This is separate and distinct from our other business line which is called OKCoin and is a FIAT to token platform. As OKEX’s CRO, I have the great opportunity to come to Malta to meet with the legislature, regulators, politicians and the Prime Minister, to hear their vision of the rules. Hey guys, I want to tell you about Bitcoin: and everybody laughed What initially got you interested in cryptocurrencies and the trading investing side of the market? At first, I was very reluctant and hesitant. Back in 2013 to early 2014, I was the Anti Money Laundering Officer (AML) at Visa. I was living with a friend of mine in Silicon Valley, and he said; “Hey guys, I want to tell you about Tim Byun Bitcoin,” and everybody laughed. I said, “Why would you be interested in Bitcoin?” As the AML officer of Visa, I heard all the sad stories about it, such as the Dark web and Mt. Gox. I said, “Why are you wasting your time?” to which he responded, “Tim, with your Federal Reserve payment system background and your background in Visa, you need to learn the technology.” So, one night he sent me one Bitcoin, and that one Bitcoin came immediately from his phone straight to my phone, and I said, “Wow, this is an amazing technology,” because back then, even if we were both using Bank of America, it wouldn’t happen on Saturday. It would happen on Monday when the banks open, and the server’s kick in and reconcile. Where was the server? Who reconciled this? Who told my friend he no longer has one? Who said to me that I have one Bitcoin? That is the power of Bitcoin that makes it so fascinating. So, that’s when I decided to study and learn about the technology. One thing led to the other; I connected with the guys at Bitpay where were very smart and innovated. Then I ended up joining the company in June 2014. What benefits do you see being brought to the crypto space by providing margin and leverage trading? Do you see any possible downsides? It’s a high-powered product, right? So that’s all it is. Leverage, margin, it just makes them more powerful and faster, but as you’ve already hinted, it could work against you. You bet long, but the market turns around and goes short, you’re out faster. So, you make money faster; you lose money faster, that’s all it is. Whether it’s in the stock market, same thing, same question for Merrill Lynch and Schwab, but margins, leverage, it just makes it a little more powerful, but you have to be aware of what you can and cannot do. For those who are still unclear about the controversy that happened in August regarding the $460 million liquidity position, would you explain what happened and how the socialized loss risk management mechanism was put in place to resolve the issue? Absolutely, and we have, but just a quick recap: A customer of OKEx managed to accumulate a huge long position on BTC quarterly contracts. The position worth over $400Mil was force-liquidated due to unfavored market direction. And due to its sheer size of the order, the order cannot be filled by the market and the said uncovered position (about $9m) triggered OKEx’s societal loss risk management mechanism. Futures is a zero-game game: whoever loss means its counterparties are making an equal amount of profit. So in such case, the losing side was unable to fulfill its obligation to deliver the deemed ‘profit’ to the winning side due to a shortfall on margin. OKEx would then step in and take a portion of profit - in equal percentage - from winning trader to cover shortfall between the liquidated price and settled price. We called this arrangement as a clawback. This system, which has been in place since OKEx was founded, is one of core risk management component of OKEx Futures to handle the systematic risk of the market. And due to its transparent nature, clients of OKEx d

a month ago

Dear KICK Community, if you are wondering what to do this we...

Dear KICK Community, if you are wondering what to do this weekend, why not try playing the cutest blockchain game,… https://t.co/oZpHShg4WO

a month ago

Cryptocurrency is just one of seven types of cryptoassets you should know

Two years ago, the entire cryptoasset market had a value of $9 billion. Had it been a public company, it would barely have cracked the S&P 500 index. Fewer than two years later, the cryptoasset market is $300 billion in size, roughly double the market capitalization of RBC, Canada’s largest lender. The explosion (and recent pull-back) of value in cryptoassets like bitcoin and ether has captured the imagination of developers, and the attention of the media, governments, central banks, the investing public, and regulators. It has made enthusiasts euphoric, Nobel laureates skeptical, and old-school billionaires dyspeptic. Charlie Munger of Berkshire Hathaway went so far as to call bitcoin “noxious poison.” Is there any other kind of poison? To be sure, there is a lot of hype in this market, and the industry must confront such implementation challenges as scaling technology and regulatory uncertainty. But beyond the hype and mania, something profound is happening—the creation of an entirely new digital asset class. This new asset class will transform every industry in the economy, from financial services to pharmaceuticals, media to manufacturing. Existing assets like stocks and bonds will become digital assets and new yet unforeseen assets will emerge, enabling new decentralized business models based on collaboration and clever code. Understanding the various types of cryptoassets, and the different functions they serve, is crucial to thriving in this new decentralized digital economy. In the updated version of Blockchain Revolution, we break them down into at least seven categories: Cryptocurrencies like bitcoin, the granddaddy of all cryptoassets, are instruments of exchange, stores of value, and units of account. To wit, bitcoin today holds over $100 billion dollars and supports billions a day in global transactions. Banks are taking notice, going from “bitcoin bad, blockchain good,” to “bitcoin, yikes!” JPMorgan and Bank of America are speaking openly about the risks cryptocurrencies pose to their business, and Goldman Sachs and TMX Group’s Shorcan are moving swiftly to trade these assets. Platform tokens like ether of the Ethereum blockchain, the $40 billion mega-unicorn and Canada’s most successful start-up ever, are designed to support decentralized applications that eliminate intermediaries in virtually every facet of the economy. Ethereum has also emerged as the leading platform for initial coin offerings (so-called ICOs), where a project can tap into global pools of capital. To date, over $7 billion has been raised through ICOs, 70% of them using Ethereum’s standard, ERC-20. Ethereum and its challengers, Cosmos, Aion, and ICON, will form the backbone of the next era of the internet. Utility tokens are programmable blockchain assets that have utility in an application such as Golem, which aims to aggregate the power of the world’s smartphones into a decentralized supercomputer that anyone can use to run computations in exchange for golem tokens. Think Amazon Web Services without Amazon. Security tokens are native digital bonds, equities, and other securities that trade peer to peer without financial intermediaries. Why should a stock trade settle T+3 when buyer and seller can trade directly and settle T+0 on a decentralized exchange? The Canadian Securities Exchange intends to get into this market. Others would be wise to follow. ICOs have already upended venture capital. Bay Street will be next. Natural asset tokens represent tangible goods like gold, oil, or carbon in peer-to-peer markets with real-time settlement. For example, the Royal Mint partnered with the Chicago Mercantile exchange to create Royal Mint Gold, a digital gold token backed by gold bullion in the Royal Mint’s vaults. The entire commodities market is up for grabs, as is mass-market carbon trading. Cryptocollectibles are entirely unique digital assets. Consider CryptoKitties, an app that enables users to purchase, raise, and even breed unique virtual pets. As of January 2018, Cryptokitties’ 235,000 users had conducted $52 million in transactions. Companies like Everledger and others are enabling the tracking and trading of these rare and very real collectibles on the blockchain. Crypto-fiat currencies are issued and governed by central banks. In 2017, Venezuela shocked many by announcing its launch of “the Petro,” a cryptocurrency backed by the country’s vast oil reserves. The Federal Reserve and Bank of Canada should take notice: implemented properly, crypto-fiat currencies can make markets more efficient, transparent, and inclusive, and central bank policy more responsive to crises and shocks. This Cambrian explosion of cryptoassets will precipitate one of the greatest reorganizations of wealth and transformations to the global economy in our history. This represents a second kick at the can—an opportunity to assure that everyone has the ability to benefit from the prosperity of the digital age. To truly realize that promise, h

a month ago

Apple heads to Brooklyn for its first event there

Apple is coming to the Big Apple. Apple will be hosting its second event in two months on Oct. 30. After unveiling its new iPhone Xs phones and Apple Watches Sept. 12, Apple will likely turn its attention to its other product lines that were glossed over at the last event. Apple’s holding an event on Oct. 30 in NEW YORK. pic.twitter.com/RDosp44rKg — Joanna Stern (@JoannaStern) October 18, 2018 The festivities will take place at the Brooklyn Academy of Music, the first time Apple has held an event in New York. The tagline for the event is “There’s more in the making,” so it’s likely we’ll hear about the rumored updates to the iPad Pro, and potentially updates to Apple’s desktop and laptop computer lines. The new iPad Pro is expected to be thinner and replace the home button with the FaceID security introduced with the iPhone X. Rumors have swirled that the company will finally update the Mac Mini, the minuscule computer that the company hasn’t updated at all in four years. The event will kick off at 10 am US Eastern time (7 am US Pacific time, 2pm UK time).

a month ago

A rare peek inside the FBI’s internal video-streaming service

Internal FBI documents released last week provide an intriguing peek at its private intranet for agents and other personnel. The system—called BU|NET, an apparent portmanteau of “bureau” and “network”—includes FBI.tv, a homegrown YouTube channel of sorts that includes live commercial programming (Fox News, MSNBC, CNN, and the Department of Justice’s in-house legal training network, Justice Television) as well as on-demand offerings like “Active Shooter-Managing the Mass Casualty Threat,” “Advancements in Maritime Intelligence,” “Boston Marathon Bombing Investigation,” and the admittedly unexpected “Bullying in the Workplace.” The documents were obtained by Russ Kick, a researcher and writer who runs AltGov2.org, an online repository of declassified files he has successfully pried loose through the US Freedom of Information Act (FOIA). He learned about FBI.tv only from a tranche of screenshots of the BUNET homepage he received in February. It took Kick a little over six months to get the first set of documents and seven-and-a-half months to get the FBI TV listings. “In the world of FOIA, those are fairly decent response times,” Kick told Quartz. “I run on FOIA time now, so I guess anything under a year seems fast.” Kick, whose site is completely supported by donations, said he didn’t have to negotiate or appeal to get what he ultimately received. However, the records are incomplete. Kick asked for color screenshots of all pages that are linked from the main page. The bureau sent blurry, pixelated black-and-white printouts of 11 of the 28 pages that fit that description. His appeal is currently winding its way through the system for the remaining 17. Beyond FBI.tv, BU|NET also offers: Management tips “At the recent Counterterrorism Division all-hands, best-selling author Dan Pink told attendees that to be engaged and motivated, employees need autonomy, mastery, and purpose—and not to be managed solely with rewards and punishments.” Q&As “15 Minutes With [REDACTED] Endangered Child Alert Program.” Memories of former employees who have passed on “Remembering Dolce the K9,” by [REDACTED], photos by [REDACTED] OPA & [REDACTED] Memphis Division. Three of the seven pictures of Dolce, who was 13 when he died last year, are redacted. “I’m going to chalk it up to overzealousness with the redaction tool,” said Kick. “But it is hard to understand—things you think would get redacted sometimes don’t, while things that shouldn’t get redacted do.” A screenshot of the FBI’s BUNET system (courtesy Russ Kick) Overall, Kick said he was surprised with how few redactions the BUNET menus contained. Some of the systems and applications in the “Resources” menu are previously unknown outside the FBI, such as “Datapointer,” “DownDraft,” and something called “TSLift.” Kick has submitted filings in an attempt to find out more about those three programs, and also has follow-up requests in progress for the “Surveillance” page and multiple “Employee E-Briefs.” “One of the most stunning non-redactions I’ve ever gotten is the manual that the Inspector General of the Intelligence Community uses to perform audits on intelligence agencies,” said Kick. “I was sure it was going to look like Swiss cheese, but there isn’t one bit of redaction in the entire 148 pages. I still wonder if they meant to send it to me like that.” On the other side of the coin, John Greenewald Jr. of reader-supported FOIA clearinghouse The Black Vault told Quartz, “I’ve been waiting a couple of years for documents from the CIA on mind control. I went after some NSA files on Mother Teresa that were denied; I refiled last year and got them, but everything was blacked out. Mother Teresa. What are they hiding?”

a month ago

Basic Attention Token Price Surges as Coinbase Rumors Swell

A lot of excitement can be noted among altcoin traders as of right now. After 0x has been added to Coinbase, a lot of people are looking toward the next coin to make quick profits. It seems Basic Attention Token will be the currency to keep an eye on in this regard. Its current gain is already pushing the value toward $0.25. BAT Price is Rising Rapidly There are many different reasons as to why Basic Attention Token can be a pretty interesting project moving forward. The native asset of the Brave browser has the potential to change the way people look at the internet altogether. It is also a token subject to a fair bit of speculation in the cryptocurrency industry these days, which can lead to quite a bit of volatility along the way. Over the past 24 hours, the Basic Attention Token price has risen by just over 12%. That is a pretty interesting development, especially when considering how most of the top currencies and tokens appear to be on the verge of going in the red again. For BAT, there is also a 12% gain over both Bitcoin and Ethereum, which creates some interesting market momentum at this time. Because of these gains, the value of BAT has surpassed $0.2 already. The main reason for this sudden interest in Basic Attention Token is because Coinbase appears to be on the verge of adding this currency to its platform. More specifically, the exchange had made it clear they were introducing ERC20 tokens at some point. The two currencies named in this conversation are 0x - which has been added - and Basic Attention Token. As such, it appears to be a matter of time until BAT makes it to this platform. @AttentionToken $BAT #BAT will be the next coin added onto @coinbase #ZRX $ZRX pic.twitter.com/SCdZVz7z4R — CryptoCoinGod (@CryptoCoinGod) October 17, 2018 Superman Bitcoin is also quite excited about this particular development. Although Coinbase has not officially shared a timeline for adding Basic Attention Token, it would appear that will be their next priority for the foreseeable future. Many people expect the BAT price to soar because of this addition, although it remains to be seen if that will effectively be the case. $bat #bat once ww break 3300 will fly and when will get on coinbase will be pic.twitter.com/YbZYuxKWXN — SUPERMAN BITCOIN (@eromci) October 17, 2018 Quantum Vision, on the other hand, tries to convey some technical analysis wisdom with BAT speculators. His findings indicate there will be a potential dip which pushes the value down to $0.191 again. Even so, the target for this week seems to hover near the $0.24 mark, a value which certainly isn’t out of reach based on the current circumstances. All Eyes on #BAT. Next on Coinbase. Quick TA quick glance on Binance - $BAT: MACD Crossover bearish div. Volume decreasing, RSI >60 Current Price $0.21105. half a cent inrease before dip. Ideal buy inprice under $0.191 . Target 1 $0.24 cent — Quantum Vision (@Yave_d) October 17, 2018 Every time excitement occurs in the cryptocurrency industry, there is a very good chance a price correction will kick in sooner or later. In the case of Basic Attention Token, it is difficult to predict what the future will hold. If the market follows the same pattern as 0x, when Coinbase actually lists BAT the price should surge further. The post Basic Attention Token Price Surges as Coinbase Rumors Swell appeared first on NullTX.

a month ago

New US Trade Tariffs Will Hit China’s Mining Hardware Makers

New US trade tariffs aimed at China will have a significant impact on the profits of crypto mining equipment manufacturers. Chinese cryptocurrency mining hardware maker Bitmain stands to be the hardest hit by these new tariffs as its Antminer S9 gets reclassified by the office of the United States Trade Representative as “electrical machinery apparatus” which will now incur a 2.6 percent trade tariff. The reclassification of mining gear from their original status as “data processing machines” also brings crypto mining hardware into another goods category which will add a further tariff of 25 percent, bringing the new tariff total from zero to 27.6 percent overnight. The new tariffs couldn’t be worse timed for China with mining gear giant Bitmain, along with two of the world largest manufactures of crypto mining equipment, Canaan and Ebang International, all filing to list on the Hong Kong Stock Exchange. Bitmain filed in September and is waiting to hear the outcome which could result in raising $3 billion. An executive at consultancy firm Quinlan & Associates explained: “The marked decline in the price of bitcoin since the start of the year is likely to weigh on investors’ interest in these companies... [Yet] the fall in the price of bitcoin from its peaks has not been matched by an equivalent fall in the numbers of people mining it.” Ben Gagnon co-founder of LuTech, a bitcoin mining hardware developer suggested that there had been increased activity in the mining sector over the past 18 months, but feels that the impact of the new tariffs will start to kick in: “All manufacturers of mining rigs based in China will likely be affected by the tariff code change and, in turn, be captured by the US trade tariff.” Bitmain’s IPO prospectus claimed that overseas sales made up for 51 percent and 51.8 percent of its revenue in 2016 and 2017 respectively, but neglected to stipulate exactly where the majority of these sales were concentrated. Canaan’s and Ebang International’s overseas sales represented 8.5 percent and 3.8 percent of their total revenue in 2017 respectively. Bitmain has had little to say on the possible effect of President Trump’s trade tariffs, but Mark Li, the senior analyst at Sanford C. Bernstein, thinks that the company’s concerns that its technology is falling behind its competitors are likely to be their major focus. A statement, prepared for Bitmain’s IPO, simply warned that changes in tax rates “due to economic and political conditions” may impact on the company’s financial status. Follow BitcoinNews.com on Twitter: @BitcoinNewsCom Telegram Alerts from BitcoinNews.com: https://t.me/bconews Want to advertise or get published on BitcoinNews.com? - View our Media Kit PDF here. Image Courtesy: Pixabay The post New US Trade Tariffs Will Hit China’s Mining Hardware Makers appeared first on BitcoinNews.com.

a month ago

Dear KICK community! Happy Tuesday! Please have a read on o...

Dear KICK community! Happy Tuesday! Please have a read on our recent article about listing KICK coin on exchanges!… https://t.co/oRXoAzh1y6

a month ago

The Big Blockchain Lie? Unpacking Dr Nouriel Roubini’s take on Bitcoin and blockchain

If crypto needed a kick in the teeth to wake up, Dr Nouriel Roubini delivered. While he might be more famous for predicting the financial collapse of 2008, Roubini has in recent weeks taken to the press to argue against the development of blockchain technology, Bitcoin, Ethereum, and even Initial Coin Offerings (ICOs). At the Congressional hearing on Capitol Hill in Washington DC on October 11th, Roubini testified to US senators that cryptocurrency was “the mother or father of all scams and bubbles” - echoing the likes of other figures such as Warren Buffet and George Soros. Additionally, high-profile interviews on CoinTelegraph, as well as writing published on Project Syndicate, have seen Roubini declare his positionality. Roubini’s views are supported by a number of claims surrounding the blockchain industry. While many of them do have substantial merit, it’s also worthwhile to consider that cryptocurrency - as an emerging asset class and currency system - exists in relative novelty. In the wake of some of Roubini’s most recent remarks, let’s take the opposing view, and explore arguments as to why cryptocurrency might yet succeed. Centrality “There’s a lot of talk about decentralization: Miners are centralized as an oligopoly, coders are centralized, exchanges are centralized — as 99 percent of all transactions occur on a centralized exchange — and there’s a massive concentration of wealth. This is worse than North Korea in terms of income and wealth inequality... The reality is just the opposite: It’s a totally centralized system.” Centrality is (arguably) not a binary concept between the state of being ‘decentralized’ as opposed to ‘centralized’ - as recent interviews from Tone Vays, Jimmy Song, and Simon de la Rouviere perhaps demonstrate best, centrality more akin to a sliding scale - with some maximalists heralding Bitcoin as the gold standard (if you’ll pardon the phrase), while others allege that many altcoin projects require more time and exposure to become sufficiently decentralized. In that view, we have to regard Bitcoin as the most successful (and most decentralized) monetary system we have developed yet, where a distributed web of processing power forming consensus is the network authority. Coders committing improvements to Bitcoin or a range of other altcoin projects exist all over the world, decentralized exchanges have steadily shown growth, and while Bitcoin itself might have a terrible Gini coefficient (as a measure of inequality), it has been argued by the likes of Coinbase CTO Balaji S. Srinivasan that a totally new form of expression is needed to quantify decentralization in cryptocurrency networks. In the same way that other currency networks have grown, it’s further argued that solutions such as layer 2 scaling mechanics (such as the Lightning Network) will promote a further distribution of wealth as Bitcoin (in particular) moves from being a store of value to a true means of exchange. Mobile money There is already a revolution: there’s going to be much more competition, there’ll be much more access. If you are a poor farmer in Kenya today, you are using M-Pesa. On your little smartphone, you can make transactions, you can borrow and lend, you can buy and sell your goods and services, you have a whole slew of financial services without the brick-and-mortar bank. And all these things are available to billions of poor people in Africa. What [do] they have to do with blockchain or crypto? Nothing, zero. So, there is a revolution and it has nothing to do with blockchain.” Writing from South Africa, Roubini is right to say that mobile money platforms such as M-Pesa have cultivated immense support and have offered millions of Africans with an easy platform to trade, barter, and exchange goods and services with. What Roubini discounts, however, is that mobile money networks are tethered to fiat money in some of the most volatile markets around the world. While the African cryptocurrency revolution might just be getting started, we have already seen Bitcoin surge to premium prices in volatile markets such as Zimbabwe, with nations such as South Africa, Senegal, and other territories explore means to not only establish meaningful regulation around cryptocurrencies, but further explore their use cases for cultivating local markets, international remittances, and much more. In fact, cryptocurrency might benefit from the development of mobile money as a lynchpin of sorts to develop a system that is capable of operating at scale, has an easy-to-use interface, and can (most importantly) win over customers. Initial Coin Offerings “An academic study suggests that 81 percent of all ICOs were a scam to begin with; 11 percent of them have failed or have died; and of the remaining eight percent that is traded on exchanges, the top 10 have lost on average, in the last year, 95 percent of their value — more than Bitcoin. So, there was a bubble — and everybody was riding the bubble, everybody was issuing

a month ago

Tezos Price Eyes $1.4 Courtesy of Kraken Listing

A lot of cryptocurrency markets are in the red once again. After yesterday’s upward momentum, one would expect things to keep going. Sadly, that will, once again, not be the case in the cryptocurrency industry. Tezos, on the other hand, is still going strong despite the overall market opposition. How long this trend can remain in place, is difficult to predict. Tezos Price Gets a Healthy Nudge Yesterday was a pretty exciting day for all cryptocurrencies, as a lot of gains were noted in very quick succession. As is usually the case during an extended bear market, this uptrend cannot be sustained for too long. Bitcoin is in the red once again, and most of the top altcoins will follow suit fairly quickly. Tezos is one notable exception so far, although things can still change. Over the past 24 hours, the Tezos price has surged to $1.35 again. This is a solid 5% gain, and also a 6.25% increase over Bitcoin. It is not uncommon for altcoins to gain on Bitcoin throughout 2018, and Tezos will need this momentum to deal with Bitcoin’s ongoing decline. Despite a relatively weak trading volume of just $3.6m, Tezos might very well achieve a market cap of $825m before the day comes to an end. Ever since the Tezos main net was launched a few weeks ago, things have shifted into a higher gear for XTZ. A growing list of exchanges support this token at this time, and it appears that list will continue to grow for quite some time to come. It has been an impressive run for Tezos so far, although it remains to be seen if this can have a lasting effect on the value over time. #Tezos [MainNet Week 4] - Exchanges with $XTZ @Tezos Trading (#MetaTrader 5 Support):@krakenfx @bitfinex@ZbTalk@coinexcom @bitpanda@Gatecoin@gate_io@coinone_info@Rightbtc_@bitcoin_meester@hitbtc@Zironexexchange@ChainEXIO@iBuyTezos1@TezosOTC pic.twitter.com/3KF3u3aGRU — Charles Douthat (@creiddouthat) October 15, 2018 Speaking of exchanges listing XTZ, Kraken has confirmed they will add Tezos this week. That is a pretty big deal, as Kraken is still widely considered to be one of the world’s top cryptocurrency exchanges to date. As such, it will be interesting to see if this new listing can generate any additional volume for Tezos in the future. It is not the most liquid market in terms of trading volume, which can pose some problems if left unchecked. For all "XTZ has to be listed everywhere" lovers: Kraken is listing #tezos #xtz !!! — Phil (@pyromania_blue) October 16, 2018 To further advance the Tezos ecosystem, there will be a growing focus on building dApps. To ensure developers have all of the necessary tools at their disposal, a new online course is announced by the Tezos Commons Foundation. It will focus on building simple dApps first and foremost, yet can provide a solid foundation for developers to work with. “Building dapps on Tezos” #Tezos $XTZ @zastrinlab https://t.co/XEH6lpcss9 — Bitcom (@bitc0m) October 16, 2018 As is always the case in the cryptocurrency industry, sustaining any uptrend has proven to be increasingly difficult. For the Tezos price, things look good right now, although there is still a good chance a correction will kick in sooner or later. The expected market growth throughout Q4 2018 hasn’t materialized as of yet, but there are still two and a half months left in the year to make something big happen. The post Tezos Price Eyes $1.4 Courtesy of Kraken Listing appeared first on NullTX.

a month ago

How long before we see Santa in July? Consult Quartz’s Christmas Creep Calculator™

Is it that time already? The world seems to be conspiring against people who prefer to leave their holiday shopping until late. Shops put up their Santa-themed displays as soon as Halloween has passed. Online magazines publish lists of “last-minute” presents with weeks to spare. And the final fanfare comes when the Christmas lights go up in the main shopping district, far before there is a winter chill in the air. So it goes in London. The lights along Oxford Street will be switched on Nov. 6 this year. For those keeping score, that’s 49 days before Christmas. It’s also one day earlier than last year. Quartz has fed the latest data into its Christmas Creep Calculator, which for years has harnessed cutting-edge artificial intelligence, sophisticated machine learning, and the “Add Trendline” function in Microsoft Excel to project the path of the Christmas shopping season creeping ever earlier in the calendar. Behold: Going by current trends, crass commercialism will overcome seasonal sense around 2130, when the Christmas shopping season in London will kick off in July. The Oxford Street ceremony to mark the start of the holiday shopping season used to take place closer to the start of December, but has been steadily shifting earlier in the calendar over the years. In both 2011 and 2015, the lights went up on Nov. 1, nearly breaking the October barrier. While the US has Thanksgiving and continental Europe has Advent markets, Britain lacks a traditional starting point for the Christmas season. That makes it fertile ground for retailers to experiment with how far they can push the boundaries of Christmas creep. Next year will be the first Christmas after Brexit becomes official, so there could be extra motivation to get shoppers eager to open their wallets as early as possible—for the sake of the economy.

a month ago

XRP Price is Poised to Hit $0.5 Again Later Today

Today is already shaping up to be a very good day for cryptocurrencies. For all intents and purposes, this current massive leap will not last all that long. At the same time, it is the momentum all markets direly needed. XRP is on the right track today, as its value has risen by nearly 10% already. XRP Price is Noting Strong Gains The early cryptocurrency market momentum to kick off this new week is a lot more bullish than anyone could have guessed. Although a strong 5% gain for Bitcoin has been on the cards for a while now, such hourly changes are very uncommon in this industry. This current price trend is affecting all other assets and tokens on the markets in a similar manner as well. For the XRP price, the momentum is intensifying fairly quickly. At this time, the value of XRP is up by almost 10% already, although it remains to be seen how this will effectively pan out as more time progresses. There is a minute gain over Bitcoin, further indicating XRP is benefiting from the current uptrend affecting BTC itself. There is some interesting momentum brewing for XRP, albeit it comes from an unlikely angle. A recent interview shows the White House is effectively looking into cryptocurrency. Although that can mean a wide variety of things, there is genuine interest in Ripple and its native XRP asset. Not everyone is too convinced this current strong uptrend will remain in place for very long. Peter BD, for example, is looking at things from a contrarian point of view. In his opinion, there will be a larger rally to come, but it will be followed by an even bigger crash. An interesting sentiment, although most people are interested in the uptrend first and foremost. Watching the market movement & the conclusion is easy: it goes to the opposite direction of the mass. Yesterday move was expected as most traders went shorting. I do believe in a larger rally in most coins reaching new 'recent highs' followed by a crazy crash #btc #eth #xrp #ltc — Peter BD, PhD (@pBouDib) October 15, 2018 It is very difficult to find any specific reason as to why the value of Bitcoin - as well as all other assets - is surging all of a sudden. The only really interesting correlation is how the value of Tether has once again proven to be anything but stable right now, which might indicate more money is flowing out of USDT and back into cryptocurrencies. An interesting development to keep an eye on over the coming hours and days. Tether down 2.3% and entire market up 5-10% Let's hope people keep pulling out of Tether and putting it back into Cryptos! Very interested to see where this goes.#Tether #USDT #USDC #TUSD #Crypto #Blockchain #Marketcap #Bitcoin #Ethereum #Ripple #XRP #BTC #LTC #ETH #APL pic.twitter.com/QCi6abbsuc — Journey to 100k (@Journeyto100k_) October 15, 2018 With all of this current momentum in place, it will be interesting to see what the rest of the week can offer. If Bitcoin’s trend remains in place for a few days, all markets will continue to bounce back spectacularly. The total market cap has grown by nearly $18bn in a few hours, and XRP seems to be underway to hit $0.5 again. The post XRP Price is Poised to Hit $0.5 Again Later Today appeared first on NullTX.

a month ago

5 Reasons to attend the biggest blockchain Un-Conference in Dubai

The world is moving towards a faster economy and blockchain is the solution. The blockchain is not only making the economy move at a faster pace but also ensures security and privacy at the same time. With more and more startups emerging in the blockchain space, Satoshi United has once again come up with the Un-Conference theme bringing all top blockchain investors, entrepreneurs, enthusiasts, ICOs etc under one roof. This event is being held at V-Hotel, Al-Habtoor City, Dubai on 22nd and 23rd October 2018. The conference will kick start with our panel sessions and keynote session with some of the top leaders in blockchain industry followed by a Yacht Party on Day 1 and then on Day 2, it will be all about networking through Investors Brunch and Rooftop Dinner followed by an after party. If you are a blockchain enthusiast and reading this, here are 5 Reasons - why you should attend Satoshi United, Dubai : 1. The Un-Conference Theme Satoshi United has its theme yet again as Un-Conference - where the vision is to network with the right people and unwind in a grand yet casual audience. You will be witnessing 300+ attendees from over 50+ countries. The UnConference theme is all about networking with the top blockchain entrepreneurs, investors and other prestige attendees through high engaging sessions like Yacht Party, Investors Brunch, RoofTop Dinner apart from the mainstream speaker session and keynotes which is also a part of the conference. 2. $100,000 Pitcher Perfect Competition In order to encourage innovation in blockchain, Satoshi United hosts a segment called, Pitcher Perfect, wherein the participating ICO’s and blockchain startups have a chance to win 100,000 USD in prize money as investment by pitching a breakthrough innovation in-front of the judges and an audience, which includes the top-notch influencers of the industry, blockchain experts, advisors and investors. Yet again, in Dubai, Satoshi himself [pun intended] will be giving out 100K in prize to the best ICO pitch. 3. Interactive Blockchain Exhibition As Satoshi United has already become a platform for blockchain companies, you will be witnessing top blockchain companies who will be displaying their blockchain products and services wherein you get to interact with them and generate business. To name a few you will be witnessing companies like AMBCrypto, CHAINEUM, SMOODY and many more. 4. Amazing Speaker Line-Up The Satoshi united event is dedicated to celebrating the success & deliberating the future of blockchain technology. Satoshi United features the most respected & influential people of the industry. The list of speakers includes an incredible and diverse mix of up to 40 international speakers, from Fintech, blockchain, cryptocurrency and many more industries. More on this is available on their website 5. Exclusive Investors RoofTop Soiree As a special inclusion, Satoshi United will be hosting a sky-high investors soiree in Dubai, which will be completely dedicated to bringing all the investors and blockchain visionaries under one roof. This is an exclusive, investors only gathering and only a few visionary startup teams will get the chance to attend this event. If you wish to be a part of this gathering and you think you make the cut to be present here, just contact the Satoshi team on the details given below. You can purchase your tickets here! [Use Coupon Code: DUBAI20 and get flat 20% discount on your ticket purchase] For more info - you can reach them over mail You can follow them on social media: Facebook Twitter Telegram: @satoshiunited The post 5 Reasons to attend the biggest blockchain Un-Conference in Dubai appeared first on AMBCrypto.

a month ago

Can Origin Kick Middlemen Out Of The Gig Economy?

Origin Protocol has launched its markeplace dApp and beta version on the Ethereum mainnet. It has set it sights on taking the middlemen out of the sharing economy. In essence, Origin Protocol is a platform for developers, who will create their own marketplace for individual industries. It’s a box set of tools, including a blockchain and smart contracts that power the peer-to-peer contracts for jobs, driving you to the bar or selling your used smartphone. Origin has signed up 40 partners to create their own marketplaces and this technology should apply across the board of sales and services. Guaranteed To Get Paid? Vendors can connect with buyers on a Craigslist-style markeplace and advertise their services. User accounts are actually based on Ethereum wallets, which can help take trust out of the equation. Using smart contracts, users can store funds in escrow, releasing them in increments or in on hit when the job is complete. During the beta phase, the development team will focus on security issues and ironing out the bugs with the smart contracts. The initial reception, though, has been encouraging. Origin has a decentralized messaging system and take advantage of low transaction fees that mean much smaller jobs could become a part of the blockchain-based sharing economy. Vendors can also verify their identity, which together with trusted user reviews will become an increasingly important part of the platform. Gig Economy Built Tech Unicorns Uber, Airbnb and People-Per-Hour have shown the potential of the gig economy and the companies have become massive success stories off the backs of their commissions. Origin intends to replace the middleman with a simple smart contract that manages each gig. Marketplaces don’t redistribute the profits they make to members. They accrue to founders and venture capitalists. Building these decentralized marketplaces, we want to make them peer-to-peer, not peer-to-corporate-monopoly-to-peer. -Origin Co-Founder Matt Liu. Origin has a rewards system of tokens designed to give the participants a say in the governance of the blockchain itself, which could help communities create their own smart contracts and turn Origins into a success story. As always, with every gig system, it will live or die on the quality of the people using the system. Problems With Gig Economy The gig economy is legendary for underpriced jobs and non-payment is another big issue that freelancers often face. That’s an issue the blockchain can largely address, with the smart contract largely taking human nature out of the equation. The smart contract can manage the job and release the funds when it’s complete. Disputes are inevitable, with direct sales of physical goods or freelance work, but Origin has a team in place and is working on procedures to handle them as they arise. Get Paid to Stay When people transact through Origin, it plans to issue them tokens that will let them participate in the governance of the protocol. There is also a world of potential for sub-marketplaces, which are really the lifeblood of the app. Origin Protocol is essentially a platform that other developers can use to build their marketplace and promote it to the wider world under their own banner. Popular jobs will find their own ecosystems under the Origin tent, and everything from WordPress fixers to cleaners could find their own storefronts on the blockchain. This could even be a way for established brands to leverage their reputation and create their own P2P marketplaces for goods or expertise. War Chest of Funds Origin knows it could take a long time for this plan to come to fruition and has planned accordingly. As well as the $26.4 million venture capital it started with, the company has raised $9.6 million from two separate token pre-sales. Millennials have a fervent distrust of monolithic corporations, even the new breed like Uber, and there is a move towards democratic ownership of companies and the workplace by the next generation. Origin Protocol does tilt towards to this cultural shift, and could find a niche based on that simple principle. It’s a workable solution that’s in the right place at the right time. That’s no guarantee, but Origin Protocol has made a very solid start. Now it’s down to the quality of the vendors, buyers and employers, as well as the partners building the marketplace. That is really the acid test for the Origin Protocol. The author is not invested in any digital currency. The post Can Origin Kick Middlemen Out Of The Gig Economy? appeared first on Crypto Briefing.

a month ago


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