OmiseGo OMG

$1.51
Market Cap $ 211.617 MM (#31)
24h Volume $ 44.268 MM
Chg. 24h: 1.09%
Algo. score 3.9/5  (#63)
Show Quick Stats

OmiseGo News

Switzerland's Largest Ecommerce Store Begins Accepting Cryptocurrencies

Digitec Galaxus, Switzerland's largest online retailer has started accepting cryptocurrencies. The company hosts around 2.7 million products, ranging from beer to gaming PCs. They will now accept Bitcoin (BTC), Bitcoin Cash (BCH), Bitcoin SV (BSV), Ethereum (ETH), Ripple (XRP), Binance Coin (BNB), Litecoin (LTC), Tron (TRX), NEO (NEO) and OmiseGO (OMG) for purchases above CHF 200 (approx. $200). It was implemented as a joint pilot project with Swiss payment processor Datatrans and in collaboration with Danish crypto payments startup Coinify. It comes with 1.5% fees and a 15-minute window during which the exchange rate does not change. Launched in 2010, Digitec Galaxus is the most popular eCommerce site in Switzerland that reported net sales of $261 million in 2018. (VS)

8 hours ago

Switzerland’s Most Significant Online Retailer Begins Accepting Bitcoin

Digitec Galaxus, Switzerland’s leading online retailer has started accepting BTC, allowing Swiss customers to purchase items using crypto. The retailer also supports payments in BCH, BSV, ETH, XRP, BNB, LTC, TRX, OMG, and NEO. According to the co-founder and CIO of Digitec, Oliver Herren, cryptocurrencies are fascinating and have the potential to become relevant payment means in e-commerce. Oliver further stated that the organization’s move to incorporate crypto payments targets the younger and tech-savvy crowd. Per the official announcement, Coinify would process all transactions and convert the crypto into Swiss Francs. (KE)

12 hours ago

Hacker One Reports 43 Vulnerabilities Detected in Major Cryptocurrency Platforms

An independent investigation conducted by cybersecurity researchers found that crypto and blockchain-related firms have received 43 vulnerability reports over the past month. The software bugs were reported to vulnerability disclosure platform Hacker One, and according to reports, Tezos, Coinbase, EOS, Monero, and Brave were among those impacted by vulnerabilities. An Esports gambling platform called Unikrn had more than 12 software bugs in its source code and OmiseGo (OMG) had at least six software glitches. EOS had 5 vulnerabilities and a Chinese cybersecurity firm called SlowMist discovered a “false top-up” which if exploited, would allow hackers to deposit EOS to various platforms without actually transferring any EOS. SlowMist researches also said the EOS vulnerabilities could impact crypto exchanges and wallets supporting EOS. (RS)

2 days ago

In the Past 30 Days Researchers Found Over 40 Bugs on Blockchain and Crypto Platforms

A recent investigation has shown that white hat hackers have been able to locate more than 40 bugs in popular crypto and blockchain platforms in just the past 30 days. A total of 13 different crypto and blockchain related companies were found to contain a total of 43 vulnerabilities according to the report. The top offenders were Unikrn, which had 12 bugs, OmiseGo, which received six bug reports, and EOS came in third with five bugs. Other vulnerabilities were detected as well on Tindermint, Augur, Tezos, Monero, ICON, the popular wallet interface MyEtherWallet, Coinbase and Brave. (JF)

5 days ago

Almost all of the top 20 blockchain projects with the most developer activity on Github are building on Ethereum

One of the key indicators of the health of a network is how much building is going on. [State of the Dapps](https://www.stateofthedapps.com/rankings?sort=dev_30d&order=desc) does a stellar job at capturing different data sets, and one of them is developer activity on Ethereum, EOS, Steem, and xDai. This information is by no means a definitive picture of the blockchain ecosystem, but the data does represent some interesting trends. Here is a list of the top 20 they put together based on activity 🛠️ Status, Cosmos, High Fidelity, ARK, Gnosis, Storj, Origin Protocol, Aragon, Augur, Simple Token/OST, Metamask, eSteem, Decentraland, SingularityNET, OmiseGO, 0x, Neufund, Civil, Raiden Network, Basic Attention Token. For a full breakdown of each project, check out the original article [**here**](https://media.consensys.net/the-20-blockchain-projects-with-the-most-developer-activity-on-github-6e0d6e748b8d).

6 days ago

Cryptopia Goes Live with Pre-Hack User Balances Held

Troubled New Zealand exchange Cryptopia has relaunched its website, albeit in a read-only format, and has also restored user balances to the pre-hacked state. The initial relaunch date was announced last week on 4 March, but Cryptopia had to delay the relaunch for technical reasons. Update: The read-only site is now live. The holding balance from the 14th Jan is pre hack and we will be using these holdings as a baseline for calculating rebates moving forwards. — Cryptopia Exchange (@Cryptopia_NZ) March 5, 2019 Reeling from the USD 16 million hack back in mid-January, crypto exchange Cryptopia has been closed for all visitors and in maintenance mode for nearly two months. The New Zealand Police department reported that the cryptocurrency exchange was ready to resume operations on 13 February. However, soon after that, Cryptopia admitted that it was not prepared to resume trading until they can fully assess their losses, investigate the hack, and ensure that necessary steps are taken to avoid any mishaps in the future. In another series of Tweets, Cryptopia confirmed that they would be using the customer balance state as of 14 January to further calculate the rebates. Although only minimal details are currently available, the exchange reported that they would be finalizing a rebate and compensation process for the users affected by the fiasco. For now, all Cryptopia users have been advised to reset their passwords and employ two-factor authentication credentials. According to reports by New York-headquartered boutique firm Elementus on the severity of the attack, over USD 16 million worth of Ether and ERC20 tokens were stolen by the hackers. That included USD 2.446 million in Dentacoin, USD 3.57 million in ETH, USD 1.948 million in Oyster Pearl, and other prominent tokens such as Sirin Labs, ZRX, TrueUSD, OmiseGO, and Augur’s REP. The initial reports of the hack emerged in the middle of January but investigations revealed that hackers were still siphoning out crypto from the exchange even two weeks later. The company didn’t announce the date when it would completely reopen its services, but did report that about 24% of all wallets had been moved to new secure servers. 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.com The post Cryptopia Goes Live with Pre-Hack User Balances Held appeared first on BitcoinNews.com.

13 days ago

Omisego Price Analysis: The long wait for value

The OMG token has enjoyed a recent period of upward price activity following a major testnet launch in mid-February and generally favourable market conditions. Medium and long term fundamental concerns still remain, however, with a market-ready product still appearing a long way off — and a token holding community still smarting from a series of broken roadmap promises.

13 days ago

Distributed Digest: Tuesday, March 5, 2019

OmiseGO dishes on its developer program, Ren partners with AZTEC, and the Gitcoin Torch emerges.

14 days ago

Hacked Crypto Startup Cryptopia To Open Its Doors Again, First Through “Read Only” Site

Cryptopia To Launch “Read Only” Site The day has finally arrived. At long, long last, Cryptopia, an altcoin-centric exchange has revealed that it will be reopening its doors. Or in some capacity (not full), at least. The New Zealand-headquartered exchange, hacked approximately six weeks ago for reported millions in an array of crypto assets, took to Twitter to give information on this subject matter just recently. According to the recent update from the firm, who has presumably got clearance from Christchurch authorities and other officials to restart its platform, a “read-only” version of the site will go live sometime today. This site, which will have trading, deposits, and withdrawals disabled, will show balances dated to January 14th, 2019, days before the hack. The read only site will be live today, it will show balances as at 14th Jan 2019. Please use this site to reset passwords and 2FA credentials. We are finalising a rebate process for affected users, more details to follow. Thank you for your support during the last few weeks. — Cryptopia Exchange (@Cryptopia_NZ) March 4, 2019 Cryptopia intends this version of its site to allow users to reset passwords and their two-factor authentication credentials/details. Interestingly, the company didn’t divulge when it would totally reopen its services, but it did note that 24% of all wallets under its custody have been transitioned to new secure servers. How Much Crypto Was Lost, And What’s Next? That’s the question that remains on the minds of all Cryptopia users, now creditors to the exchange. Well, as reported by Ethereum World News previously, the company divulged that a “worst case 9.4%” of its holdings were stolen in the hack, meaning that a majority of the cold wallets were left untouched in this imbroglio. But interestingly, the exact dollar value of the crypto funds was not divulged. However, blockchain analytics group Elementus picked up where the hacked platform was slacking. Per previous reports, Elementus, a New York-headquartered boutique, compiled an in-depth report on the matter that outlined the severity of the attack. The firm’s researchers concluded that over $16 million U.S. dollars worth of Ethereum and ERC20 tokens were stolen by the attackers. $3.57 million of the sum was in ETH, $2.446 million in Dentacoin, $1.948 million in Oyster Pearl, and the list goes on. Other prominent tokens, including TrueUSD, OmiseGO, Sirin Labs, ZRX, and Augur’s REP, were also snatched. Just days after Elementus released its report, the New Zealand-headquartered exchange was hit again. According to a follow-up from Max Galka, the chief executive of the research boutique, 17,000 Cryptopia wallets saw 1,675 Ether leave their care. As to what’s next for unfortunate victims to this debacle, Cryptopia claims that it is currently finalizing a “rebate process for affected users,” adding that details will follow. Will those affected by this fracas get reimbursed? Photo by Mahesh Ranaweera on Unsplash The post Hacked Crypto Startup Cryptopia To Open Its Doors Again, First Through “Read Only” Site appeared first on Ethereum World News.

15 days ago

Ripple’s XRP Wins Over Yet Another Trading Platform, Now It’s Tim Draper Backed Coinhako

CoinSpeaker Ripple’s XRP Wins Over Yet Another Trading Platform, Now It’s Tim Draper Backed Coinhako Positive news for Ripple community: a list of crypto trading companies set to support XRP has enlarged, as Coinhako, Singapore-based crypto exchange backed by a prominent angel investor Tim Draper, has announced listing the currency on its platform. Coinhako has also mentioned the XRP pairings that will act as a new gateway. These pairings are with SGD, IDR, and VND. About Coinhako Coinhako is a crypto trading firm established in 2013 by Yusho Liu and Gerry Eng (CEO and CTO respectively) and backed by Tim Draper. The company is supported by numerous famous investors and firms, including Tim Draper’s Draper Associates and DFJ, Terrace Yang’s Yang Ventures and Boost VC. At the beginning of 2018, Coinhako had trading pairs for Bitcoin (BTC) and Ethereum (ETH). Then they decided to add support for Bitcoin Cash(BCH), Ripple (XRP), Litecoin (LTC), Omisego (OMG), Zilliqa (ZIL), the 0x project (ZRX), Kyber Network (KNC), Status (SNT), Golem (GNT), Basic Attention Token (BAT), Storm (STORM), Binance Coin (BNB) and more. Yusho Liu, CEO and co-founder of Coinhako, commented: “Our recent additions to the Coinhako platform not only puts us at the top for variety of cryptocurrency and fiat trade pairings, it also showcases our leading infrastructure and technical expertise of the team. With more cryptocurrency listings and service extensions to other Asian countries in the pipeline, we are certain that Coinhako will play a crucial role in improving access into the blockchain ecosystem in the region.” In January this year, Coinhako announced it had officially become the world’s first trading platform to offer customers with a total of 100 fiat-crypto pairings. Coinhako is the world's first platform to offer 100 fiat-crypto pairings! 💎Thank you @businessinsider for featuring us! 💎Full article here: https://t.co/QqJ0snptjn#cryptocurrency #bitcoin #btc #blockchain #crypto #fintech #singapore #coinhako #indonesia #malaysia #vietnam pic.twitter.com/JYaQVWOK90 — Coinhako (@coinhako) January 9, 2019 What is more, the exchange supports a total of 25 cryptocurrencies for Singapore, Malaysia, Indonesia, and Vietnam. Although XRP was mentioned in the list of supported currencies and implemented on the Coinhako platform earlier, it was delayed from the release for technical reasons, and the official support was announced only yesterday. Thanks for sharing @LeoHadjiloizou. As promised, here is an update about @Ripple #XRP opening up to all users on our platform! pic.twitter.com/3HRgCmpD6G — Coinhako (@coinhako) March 1, 2019 With adding support for XRP, Coinhako hopes to drive adoption in the Southeast Asia region. Taking into account the increasing user base and popularity of the XRP currency, Coinhako will hopefully achieve its goal. XRP Gains Traction The news is very good for XRP which has recently seen price shoots which resulted from adding XRP to Coinbase’s professional trading platform, Coinbase Pro. Following the announcement, the XRP/fiat pairs will be available across different countries, including the U.S. (except NY), UK, supported European Union member nations, Canada, Singapore, and Australia. Soon after the announcement, the price of XRP shot by over 10%. Yoshitaka Kitao, the CEO of the Strategic Business Innovator Group (SBI), believes that by 2025, every bank in Japan will use XRP. Comparing Bitcoin and XRP, Kitao said that Bitcoin is “still searching for a use case, whereas XRP already has utility as a tool for making faster and cheaper cross border payments.” At the moment of writing, XRP trades at $0.3055, having a decline of 2.98 percent over the past 24 hours. Its market capitalization makes up $12,656,792,938 as on today. *To learn more about XRP coin, Ripple company, and their innovative solutions, please check out our awesome guide. Ripple’s XRP Wins Over Yet Another Trading Platform, Now It’s Tim Draper Backed Coinhako

15 days ago

Coinhako, a Tim Draper-backed Crypto Exchange Announces Support for XRP

Yesterday, Singapore based Coinhako crypto exchange, which is Tim Draper backed announced that it had added support for XRP. This news comes after the exchange announced that it was the first platform in the world to offer 100 fiat-crypto pairings on January 8, 2019. At the start of 2018, Coihako only had trading pairs for BTC and ETH. It then announced support for BCH, LTC, XRP, OMG, ZIL, and ZRX among other coins. However, technical difficulties made it impossible to add XRP at that time. Yesterday saw the exchange list XRP officially. (VK)

17 days ago

OmiseGo now trading on CryptoBridge! ...

OmiseGo now trading on CryptoBridge! https://t.co/rqcWmNbmsy https://t.co/QOJ6z9VTtC @omise_go @ruxperience … https://t.co/6mImalC8i4

22 days ago

Ethereum Classic Price Gains 6% as Developers Mull ETH 2.0 Roadmap Implementation

Based on the current overall crypto market momentum, one would almost think the sky’s the limit. Such a train of thought is very dangerous to pursue among traders who want to pocket some profits over the weekend. While the Ethereum Classic price appears bullish at this time, one has to keep in mind its value tends to go up and down quite often. As such, chasing the top can easily cause some financial headaches. Ethereum Classic Price Rises Ahead of the Weekend In the cryptocurrency world, it is often difficult to determine what drives individual markets. While it is not uncommon for altcoins to derive value from Bitcoin and foremost, Ethereum Classic is seemingly a different creature in this regard. It too benefits fro bullish BTC momentum, although ETC usually does its own thing. Today is seemingly no exception in this regard. Over the past few hours, the Ethereum Classic price has risen by 6.6% to $4.77. Furthermore, there is a 5.8% gain over Bitcoin to bring that value to 0.0011986. Both of these trends are promising, yet they wouldn’t materialize without good trading volume. ETC Notes $218.43m in volume today, which is nearly half of its overall market cap. It is rather interesting to note how the ETC-related discussions on Twitter are evolving right now. Saturn Network is sharing a handy video guide regarding building new tokens and ICOs on top of Ethereum Classic. While this option has existed for quite some time now, it remains to be determined whether or not anyone will make use of this method. Planning your weekend? Why not BUIDL on Ethereum Classic. #ClassicIsCominghttps://t.co/uHYb9lWuBj#SaturnNetwork #Tokens #DEX #BUIDL #EthereumClassic #ETC #ERC223 — Saturn Network (@SaturnProtocol) February 22, 2019 It is also worth noting Ethereum Classic is currently live on the DEX trading platform. Although that is not the biggest exchange solution by any means, their list of support coins and tokens seems pretty solid. They also purposefully opted for not using Tether’s USDT stablecoin but list TrueUSD instead. Very interesting, as it creates a different onramp for ETC as well. Live on DCEX Monero IOTA Bitcoin Litecoin Ethereum OmiseGo Bitcoin cash DASHBitcoin Gold Zcash Ethereum classic XRP TrueUSDFiat on ramp TUSD#ripple #xrp #btc #ltc #eth #omg #bch #dash #btg #zec #etc #tusd #xmr #miota #dcex #dcexofficial — DCEX (@dcexofficial) February 22, 2019 Last but not least, it would appear the ETC core developers are currently mulling whether they should integrate the Ethereum 2.0 roadmap in the future. That in itself is a very interesting topic of debate. This roadmap would introduce a lot of interesting upgrades to ETC, although no final decisions have been made at this time. Definitely something worth keeping an eye on. @preston_vanloon and myself just had a really productive meeting with the $ETC core devs about adopting the #Ethereum 2.0 roadmap for $ETC. No commitments yet, video coming soon. @etclabscore @BobSummerwill @Yazanator — Joseph 0x29a Delong (@josephdelong) February 22, 2019 All of the developments behind the scenes appear to be working in favor of Ethereum Classic. That in itself is a bit of an unusual situation, although one many ETC holders will be quite pleased with. With this decent trading volume in place, the uptrend could, in theory, easily be resumed over the weekend. 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. Image(s): Shutterstock.com The post Ethereum Classic Price Gains 6% as Developers Mull ETH 2.0 Roadmap Implementation appeared first on NullTX.

25 days ago

Vitalik Buterin revela quais criptomoedas ele investe

Por: Livecoins Em um recente Reddit AMA (perguntas e respostas), Vitalik Buterin, co-criador da Ethereum, divulgou as criptomoedas que tem além da própria ETHEREUM. O co-fundador da Ethereum listou os Tokens em que ele investiu, bem como outras fontes de renda e interesses não financeiros que ele achava que precisavam ser compartilhados com a comunidade. O que pode ser uma surpresa para muitos na comunidade é que ele tem duas shitcoins (moeda sem futuro, propósito ou valor), a Bitcoin Cash (BCH) e a Dogecoin (Doge). Ele disse que tem Bitcoin (BTC) e Zcash (ZEC). Juntos, essas moedas somam menos de 10% do valor total de suas propriedades. Ele também tem investimentos em alguns tokens baseados em Ethereum: Rede Kyber (KNC), Maker (MKR), OmiseGo (OMG) e Augur (REP). O artigo Vitalik Buterin revela quais criptomoedas ele investe foi publicado originalmente em Livecoins.

a month ago

Vitalik Buterin Discloses Non-ETH-based Crypto Holdings and Other Sources of Revenue

During a recent “Ask Me Anything” (AMA) Reddit thread Ethereum co-founder Vitalik Buterin revealed that he holds Bitcoin Cash, Bitcoin, Dogecoin and Zcash in his portfolio and the combined value of these holdings account for less than 10 percent of the value of his Ethereum holdings. Vitalik also said he owns Kyber, OmiseGo, Maker, OMG, and Augur and clarified that these holding also represent less than 10 percent of the value his ETH holdings. Buterin mentioned that he has “significant corporate shareholdings” in blockchain research firm Clearmatics and a privacy-focused blockchain startup called Starkware. Buterin said he also draws income for his role with the Ethereum Foundation and for the advisory services that he provides to the tokens disclosed in his portfolio. (RS)

a month ago

Distributed Digest: Monday, February 18, 2019

Ethereum community members support Afri Schoedon, ETHDenver names hackathon finalists, and OmiseGO releases its alpha.

a month ago

Trade Alert: OmiseGO (OMG) Pumps 8% on Plasma Protocol Alpha Release

The alpha release of OmiseGO’s (OMG) Plasma MoreVP, a second-layer scaling solution, has officially launched on the public Ethereum (ETH) network. You must be a subscriber to continue reading Members can login here. FREE 7-DAY TRIAL: Receive access to all Premium content. Subscribe for $10/month Subscribe for $60/year SludgeFeed Premium members gain access to exclusive content

a month ago

OmiseGo Announces Launch of Its Alpha Release 'Ari'

The team behind OmiseGo (OMG), a project that “enables financial inclusion and interoperability through the public, decentralized OMG network,” recently posted the following announcement on their Twitter feed: “OmiseGO's alpha release aka Ari is out! This is our Plasma MoreVP implementation on a public Ethereum network and it is being tested by @hoardexchange at ETHDenver. Yes, Plasma Dog is back!” OMG has been ridiculed in the past for not meeting development deadlines, so it's possible that this major update may help to lift the price of OMG, currently trading at $1.22. (JF)

a month ago

What Crypto Winter? Ethereum Based MakerDAO Posts Staggering Growth

Ever since the crypto asset market began to express signs of onset bear market blues, investors have clamored for oases. While many have cast aside investments in decentralized application-centric platforms, like Ethereum and EOS, for Bitcoin to hedge their formerly-diversified portfolios, many have glossed over MakerDAO, a platform that exemplifies the decentralization and democratization of financial services. Related Reading: OmiseGO and MakerDAO Collaborating for a Decentralized Financial Future Ethereum DApp Use Wanes Research completed by LongHash, recently claimed that blockchain applications, so-called “DApps,” have seen minimal levels of adoption, in spite of their often unique natures. The outlet remarked that on February 1st, a mere 180 out of the 1812 Ethereum DApps that had associated ERC-2o token transactions saw use. Even more harrowing was that 13% of utilized applications had upwards of 100,000 transactions on January 31st. Kevin Rooke, a Canadian crypto researcher, corroborated these figures. Citing data from DAppRadar, Rooke noted that 86% of live applications on Ethereum had zero users on February 9th, while 7% of DApps on the same platform had posted Ether volumes within the same time frame. There are now 1375 live ETH dApps.86% of them had 0 users today.93% of them had 0 tx volume today. Across all platforms there are now 1828 live dApps.77% of them had 0 users today.85% of them had 0 tx volume today. pic.twitter.com/jUHZYuhPTz — Kevin Rooke (@kerooke) February 10, 2019 Although these numbers are foreboding, especially considering some Ethereum proponents’ thesis that decentralized applications are poised for mainstream adoption, there is a silver lining. And a quite big one at that. MakerDAO Outperforms Falling Bitcoin Price Over recent months, MakerDAO, a project that is centered around blockchain-based loans and the Dai stablecoin, has embarked on a quiet rise to fame. Although the project’s efforts have gone mostly unnoticed, Rooke cracked the seal on effectively one of the best-kept secrets in crypto on Sunday, as he unveiled a chart outlined Maker’s sudden spurt in adoption. He noted that over two million Ether is held in MakerDAO’s decentralized finance smart contract. With there being 104 million currently in circulation, Maker’s operations have occupied 2% of the cryptocurrency. While this may not seem impressive, especially considering that MKR, the first of two tokens pertaining to the project, has a market capitalization of $520 million, MakerDAO’s growth has been jaw-dropping. Data from LongHash only underscored the project’s ability to garner traction amid market downturns. It was explained that there are now 7,300 addresses actively using Dai, the second token in the MakerDAO ecosystem. This may be impressive in and of itself, but this figure is purportedly growing by 20% monthly. LongHash explained the importance of this statistic: “While DApps struggle to retain users, and ICO funding has dried up, Dai represents a bright spot in 2019’s cryptocurrency landscape.” Ryan Selkis, the chief executive of Messari, also threw his hat in on the matter. In a cheeky comment on Twitter, Selkis, a long-time crypto insider that was part of Digital Currency Group’s founding team, noted that while Maker is “complex to a newcomer,” it is a “top crypto project to watch. Featured Image from Shutterstock The post What Crypto Winter? Ethereum Based MakerDAO Posts Staggering Growth appeared first on NewsBTC.

a month ago

OmiseGo / USD Technical Analysis: Heavy Losses Underway

OmiseGo is bearish in the short-term after breaking from a symmetrical triangle pattern and setting a new all-time low OMG / USD risks further heavy losses in the short-term The Medium-term outlook for OMG / USD closely mirrors the pair’s short-term OMG / USD Short-term price analysis In the short-term, OmiseGo is bearish with price recently breaking below a well-defined symmetrical triangle pattern on the four-hour time frame chart. OMG / USD has recently fallen to a new record low and continues to trade below its former record low, which was set in December of last year. The pair is likely to remain under immediate selling pressure and risks further heavy losses. Technical indicators are pointing down and have yet to move into oversold conditions on the four-hour time frame. Pattern Watch The bearish break below the symmetrical triangle pattern is the main theme on the four-hour time frame chart. The size of the triangle pattern is substantial and could signal a major depreciation in the OMG / USD pair if the decline continues. OMG / USD H4 Chart (Source: TradingView) MACD Indicator The MACD indicator shows no signs of bullish divergence and appears to be turning bearish after a minor correction higher. RSI The Relative Strength Index has turned bearish and is trending lower alongside the recent fall in the OMG / USD pair. OMG / USD Medium-term price analysis OMG / USD is bearish in the medium-term, with the daily time frame chart also showing price breaking under a large symmetrical triangle pattern. It is also worth noting that the pair has been in a protracted downtrend and has posted eight consecutive negative months. A failed inverted head and shoulders pattern is also visible on the daily time frame chart; this is typically a bearish signal and a sign that buying demand is weak. In line with the lower time frames, medium-term technical indicators are pointing lower, the RSI indicator is notably bearish. OMG / USD Daily Chart (Source: TradingView) Pattern Watch The break below the triangle pattern on the daily time frame is a key development over the medium-term. Traders should also watch for consecutive daily price closes below the December 2018 trading low. RSI + MACD Indicators The RSI indicator is bearish on the daily time frame, while the MACD histogram is starting post lower lows. Conclusion Both short and medium-term analysis shows conclusive evidence that a continuation of the broader downtrend currently underway in the OMG / USD pair remains the most likely scenario. [{"date":1517436257000,"value":15.2499,"volume":69727900},{"date":1517522656000,"value":14.122,"volume":61686200},{"date":1517609056000,"value":12.817,"volume":60658600},{"date":1517695457000,"value":13.9543,"volume":30927700},{"date":1517781857000,"value":11.881,"volume":34638900},{"date":1517868257000,"value":9.85913,"volume":46783300},{"date":1517956757000,"value":10.9987,"volume":55674700},{"date":1518043156000,"value":11.5408,"volume":37425200},{"date":1518129556000,"value":11.8026,"volume":32706700},{"date":1518215952000,"value":12.8969,"volume":41422200},{"date":1518302352000,"value":12.4509,"volume":43475700},{"date":1518388751000,"value":12.4159,"volume":29818800},{"date":1518475152000,"value":12.8516,"volume":25185300},{"date":1518561552000,"value":12.8955,"volume":22292200},{"date":1518647952000,"value":15.5602,"volume":91134100},{"date":1518734352000,"value":16.0734,"volume":50511200},{"date":1518820752000,"value":17.9998,"volume":84038600},{"date":1518907152000,"value":18.1227,"volume":58661500},{"date":1518993552000,"value":17.0896,"volume":43072000},{"date":1519079952000,"value":17.7679,"volume":55539900},{"date":1519166352000,"value":19.8828,"volume":103982000},{"date":1519253351000,"value":17.7203,"volume":117443000},{"date":1519340352000,"value":16.6435,"volume":66257800},{"date":1519428852000,"value":17.5179,"volume":63847600},{"date":1519515252000,"value":16.7425,"volume":51378700},{"date":1519601652000,"value":16.9503,"volume":36842800},{"date":1519688052000,"value":18.0982,"volume":36974200},{"date":1519774452000,"value":20.1783,"volume":113708000},{"date":1519861452000,"value":18.8035,"volume":109137000},{"date":1519947853000,"value":19.3162,"volume":68140900},{"date":1520034551000,"value":18.3314,"volume":50109200},{"date":1520120951000,"value":17.9072,"volume":49501600},{"date":1520207352000,"value":17.9297,"volume":39354300},{"date":1520296751000,"value":16.9842,"volume":39659000},{"date":1520383151000,"value":15.9457,"volume":38345800},{"date":1520469551000,"value":14.7876,"volume":53002600},{"date":1520555951000,"value":13.7751,"volume":40922400},{"date":1520642352000,"value":15.0194,"volume":60836200},{"date":1520728751000,"value":13.0296,"volume":43344300},{"date":1520815151000,"value":14.7348,"volume":30133500},{"dat

2 months ago

ShinhanCard Makes First Cross-Border Proof-of-Concept Transaction Using OmiseGO (OMG)

OmiseGO (OMG), the Ethereum-based blockchain project with the goal of bringing low-fee financial services to the unbanked has recently…

2 months ago

OmiseGO (OMG) Announces ShinhanCard’s Proof-of-concept for Loyalty Program That Uses Ethereum (ETH) Smart Contracts

ShinhanCard and OmiseGO (OMG) have developed the first Proof-of-Concept for the ShinhanCard loyalty program that will enable borderless interoperability. The ShinhanCard is issued by Shinhan Financial Group, one of the largest banking entities in South Korea.

2 months ago

ShinhanCard Makes First Transaction Using OmiseGO

A card provider affiliated with one of the largest financial banking groups in Korea has made its first transaction using OmiseGO (OMG) as a validator. ShinhanCard used a plasma childchain to make a small transaction that was then validated by the OMG network. In a short video demonstration of the proof-of-concept (PoC), the card operator sent a […]

2 months ago

6 Wealthiest Ethereum Wallets may have Faked Decentralization

Data from ORS CryptoHound, an AI-powered blockchain investigator, found activity on the Ethereum blockchain which has been deemed unusual. ORS CryptoHound examined one hundred of the largest Ethereum transactions from Q4 of 2018 and found that the six wealthiest wallets each transferred a large amount of Ether on the same date and that the total value of these transactions was nearly $500 million. Each of the wallets under review contained a 92-98 percent share of OmiseGo tokens (OMG) and each wallet appeared to be created on the exact same day. The wallets also circulated their holdings through a series of transactions wherein tokens were divided equally amongst 39 new wallets which contained exactly 150,000 ETH. The ORS CryptoHound team did not reach any conclusions on who was responsible for the orchestrated transactions but they believe that the movements were designed to make Ethereum appear to be more decentralized than it really is. ORS CryptoHound chief analyst Fabrizio Fontana said that in the future the AI-based blockchain investigator could be used to expose similar transaction anomalies and ensure transparency within the blockchain and crypto-sector. (RS)

2 months ago

ORS CyptoHound: Six Wealthiest Ethereum Wallets Could Have Faked Decentralization

AI-driven investigative tool ORS CyptoHound has revealed unusual activity which took place on December 1st on the Ethereum blockchain. According to ORS CyptoHound, six wealthiest ETH wallets transferred a total of $500m worth of Ether coins on 1st December. These wallets which contained 92%-98% of OmiseGo tokens are said to have been created on December 1st. ORS CyptoHound claims that all the wallets cycled holdings through multiple transactions in a similar manner so that the tokens ended in 39 new wallets which contain 150,000 ETH each. CyptoHound believes an Ethereum whale was trying to fake decentralization through the separation of OMG and ETH. ORS CryptoHound chief analyst Fabrizio Fontana believes the AI-powered investigative tool can be used to pinpoint such oddities in the future. (KE)

2 months ago

Binance Crypto and Blockchain Event in Singapore a Resounding Success

The final presentations of the Binance Blockchain Week in Singapore have concluded today marking the end of the four day event which has attracted thousands of attendees. Two Day Conference Follows Two Day Hackathon The event has been a resounding success with many of the biggest names in the industry taking the stage to promote the crypto ecosystem and a blockchain future. The world’s largest exchange by trade volume identified the need for a unifying conference in a market with a ‘large degree of turmoil’ at the moment. The goals of re-energizing and uniting efforts as uncertainty plagues the industry have been at the forefront of proceedings in Singapore. The first two days held a hackathon based on the Binance ‘buidl’ ethos of working together to improve overall crypto security and foster a safer trading environment for the public. Using the Secure Asset Funds for Users (SAFU) acronym, teams from around the globe entered into friendly competition to enhance innovation in the industry. Some of the innovative concepts from teams included deep graph analytics, avalanche consensus on a custom ledger, an e-commerce platform for a database of user reputation, and a crypto scoring platform. The winning team, Merkle Blox, proposed a smart contract based insurance to victims of hackers, ponzi schemes, or phishing scams. A prize of $50,000 in BNB was awarded. A massive congratulations to the three winning teams of the #Binance #SAFU Hackathon who shared a prize of $100,000 USD worth of $BNB! Teams Perlin, Crypto Lynx & the overall winners Merkle Blox we salute you! #BUIDL #BinanceBlockchainWeek pic.twitter.com/ywixYx43S7 — Binance (@binance) January 21, 2019 The last two days have held the Binance Conference during which over 50 of the biggest names in the industry took to the stage to present their visions for the future of crypto. Yesterday held presentations from several CEOs and industry leaders on a range of topics including decentralized exchanges, dApp adoption and scaling, security token offerings, proof of work, and regulatory frameworks. Today’s presentations included Da Hongfei, NEO founder, talking about the smart economy, followed by a discussion on crypto news and quality information. Justin Sun took the stage for his keynote on a new world of dApps on the blockchain with a good deal of promo for the new BitTorrent and Tron ecosystem and upcoming airdrops for TRX holders. TRON founder @justinsuntron is giving a speech about the progress that #TRON has made and the related information about #BTT at Binance #BlockChainWeek in Singapore. pic.twitter.com/ZlrJZv6q73 — TRON Foundation (@Tronfoundation) January 22, 2019 Others taking the stage over the two day conference included CEO of eToro Yoni Assia, Anthony Pompliano, and of course CZ himself. Representatives from the Ethereum Foundation, Ripple, R3, Qtum, OmiseGO, Ontology, ConsenSys, KyberNetwork, Etherscan, Goldman Sachs, and Circle all added to the mix. The message from the Singapore event has been very clear; crypto is here to stay and building a brighter future for the ecosystem is far more productive than simply focusing on markets and prices. Image from Twitter The post Binance Crypto and Blockchain Event in Singapore a Resounding Success appeared first on NewsBTC.

2 months ago

The Daily: Crypto’s Latest VR World, New Blockchain Analytics Tools

As the maxim goes, bear markets are good for building out cryptocurrency infrastructure - or “buidling” as the meme of the meme goes. Thursday’s installment of The Daily is rich in examples of the sort of development work being undertaken across the industry. From dapp trackers to virtual worlds, there’s a little bit of everything in today’s news roundup. Also read: Bitpay Reports Processing Over $1 Billion Transactions in 2018 Blockchain VR World Beachhead Enters the Fray The blockchain-based virtual reality realm is getting crowded. Decentraland, which resides in the virtual metropolis of Genesis City, has got itself a competitor in the form of Beachhead City. BH2020VR, as it’s also known, aims to blur the line between gaming and roaming a virtual world of commerce and adventure. Income can be earned in-game through protecting the city or supplying defense weapons and other resources. Just as video games like Grand Theft Auto have a main storyline complemented by side missions and mini-games, Beachhead has a primary narrative running through it, but participants are at liberty to interact with the world in a multitude of ways. This includes participating in the cryptoconomy within BH2020VR, purchasing real estate, and upgrading virtual turf by incorporating theaters, shops, and cars including user-generated content. Virtual assets will be tradable within Beachhead as non-fungible tokens, with a tokenized rewards system making BH2020VR feel like the crypto world’s equivalent to The Sims. Dappradar Adds Crosschain Metrics Virtual worlds such as Decentraland and the forthcoming Beachhead are the sort of decentralized applications (dapps) that can be monitored at Dappradar.com. The popular Ethereum dapp tracker has just had an upgrade, allowing it to track onchain activity on the Tron and EOS protocols too. The site now boasts of having stats on 1,700 dapps including decentralized exchanges, crypto collectible marketplaces, and gambling dapps. According to Dappradar’s statistics, the top Tron and EOS dapps are seeing significantly more usage than their Ethereum counterparts in terms of the number of reported daily users. Predictably, betting dapps seem to be faring the best across all blockchains featured on Dappradar. Cryptohound Follows the Money Trail ORS Cryptohound, a blockchain analytics firm, has been sniffing around in the Ethereum network in a bid to identify the source of six “highly unusual transactions” that were spotted in December, comprising approximately 5 percent of the ETH supply. “We discovered that over 5.5m ETH were sent to 39 wallets after 313 transactions,” they explain. “All six wallets have the same portfolio which consists of more than 92% share of OMG tokens” plus 150,000 ETH each. Cryptohound’s investigative report then goes on to speculate over the identity of the entity behind the $500 million move. Demonstrating a practical application for blockchain forensics, a number of leading cryptocurrency exchanges have vowed to freeze funds stolen from Cryptopia. The hackers who infiltrated the New Zealand-based exchange earlier this week, before making off with several million dollars’ worth of ETH and tokens, have attempted to send their ill-gotten gains to Binance and Kucoin, prompting both platforms to freeze the accounts of the suspects. For anyone who cares about the Cryptopia hack, KuCoin will freeze any funds from Cryptopia. Please rest assured. — Michael Gan (@gan_chun) January 17, 2019 What are your thoughts on the stories in today’s news roundup? Let us know in the comments section below. Images courtesy of Shutterstock and Dappradar. Need to calculate your bitcoin holdings? Check our tools section. The post The Daily: Crypto’s Latest VR World, New Blockchain Analytics Tools appeared first on Bitcoin News.

2 months ago

Binance congela algunos de los fondos robados en el hackeo a Cryptopia

Parte de las criptomonedas robada por el hackeo a Cryptopia el martes se enviaron a Binance, los que confirmaron que ya se están congelando parte de estoss fondos.*** (adsbygoogle = window.adsbygoogle || []).push({});La cuenta de Twitter @ShaftedTangu alegó que algunos de los fondos robados como resultado del hackeo a Cryptopia fueron desviados a Binance.Las cantidades enviadas a Binance en cuestión incluyen aproximadamente 7.500 dólares estadounidenses en Metal (MTL), USD $6.750 en moneda KyberNetwork (KNC), USD $7.181 en OmiseGO (OMG) y USD $8.724 en EnjinCoin (ENJ). Todo esto suma alrededor de 30.000 dólares estadounidenses. Vale señalar que todas ellas son criptomonedas poco conocidas.Changpeng Zhao, CEO de Binance, confirmó las acusaciones, asegurando que ya han congelado algunos de los fondos. Twiteó: “Recién comprobado, pudimos congelar algunos de los fondos. No entiendo por qué los hackers siguen enviando a Binance. Las redes sociales serán muy rápidas para reportarlo y las congelaremos. Es una maniobra de alto riesgo para ellos”.Hace dos días, la seguridad de Cryptopia fue violada, dando como resultado “pérdidas significativas”. Esto lo confirmó la policía en Nueva Zelanda.Binance bajo la miraEl tweet de Zhao provocó una reacción en la comunidad de Crypto Twitter. Es el caso del usuario @Crypto_Bitlord, que expresó su desconcierto por el hecho de que Zhao se refiriera a las “redes sociales” como un medio de informar en lugar de a los propios sistemas de vigilancia de Binance.El usuario expresó a través de Twitter: “Estoy genuinamente sorprendido de que los fondos robados de @Cryptopia_NZ hayan pasado fácilmente SIN SER DETECTADOS a través de @binance hasta que las redes sociales los denunciaron. Esto plantea algunas grandes preguntas. ¿Cómo es eso posible con Blockchain?”.Sobre esta acusación el CEO de Binance, expresó: “Es bastante fácil generar una nueva dirección. Nosotros reconocemos cada transacción que hay. Ya tenemos un análisis de Blockchain muy profundo y detallado”. La interrogante continúaSin embargo, la pregunta sigue siendo: si un usuario habitual de Twitter ha podido detectar la transacción en cuestión, cómo y, lo que es más importante, por qué Binance no pudo.Quizás la mejor pregunta, tal como lo plantea @Crypto_Bitlord es:Entonces, ¿está diciendo que los delincuentes pueden robar fondos y simplemente crear una nueva dirección para enviar antes de Binance? Mientras tanto, Binance anunció ayer el lanzamiento de su intercambio fiat-cripto en la isla británica de Jersey. La plataforma está dirigida a operadores de Europa y ofrece pares comerciales BTC / GBP, ETH / GBP, BTC / EUR y ETH / EUR. Fuente: BitcoinistTraducción y versión de Mayi Eloísa Martínez/ DiarioBitcoinImagen de PexelsComparte tu opiniónBINANCE, criptomoneda robada, Cryptopia, HackAdvertisements (adsbygoogle = window.adsbygoogle || []).push({}); The post Binance congela algunos de los fondos robados en el hackeo a Cryptopia appeared first on DiarioBitcoin.

2 months ago

Binance Freezes ‘Some of the Funds’ Stolen in Cryptopia Hack

Some of the stolen cryptocurrency from yesterday’s Cryptopia hack has been sent to Binance, which has confirmed already freezing some of the funds. Binance Freezing Funds Stolen from Cryptopia Twitter account @ShaftedTangu has alleged that some funds stolen as a result of Cryptopia’s hack have been siphoned through Binance. The amounts sent to Binance in question include roughly $7,500 in Metal (MTL) 00, $6,750 in KyberNetwork coin (KNC) 00, $7,181 OmiseGO tokens (OMG) 00, and $8,724 in EnjinCoin (ENJ) 00. All of it totals around $30,000. Changpeng Zhao, CEO at Binance - the world’s largest cryptocurrency exchange by means of traded volumes, has confirmed the allegations, reassuring that they’ve already frozen some of the funds. Zhao commented: Just checked, we were able to freeze some of the funds. I don’t understand why the hackers keep sending to Binance. Social media will be pretty fast to report it, and we will freeze it. It’s a high-risk maneuver for them. Just checked, we were able to freeze some of the funds. I don't understand why the hackers keep sending to Binance. Social media will be pretty fast to report it, and we will freeze it. It's a high risk maneuver for them. https://t.co/i0PeahLzic — CZ Binance (@cz_binance) January 16, 2019 Bitcoinist reported yesterday that Cryptopia’s security has been breached, resulting in ‘significant losses’. Police in New Zealand also confirmed. Binance Caught in the Fire Zhao’s tweet caused a reaction in crypto Twitter’s community as one user (@Crypto_Bitlord) expressed his bewilderment that Zhao referred to “social media” as a means of reporting rather than Binance’s own surveillance systems. I’m genuinely shocked stolen funds from @Cryptopia_NZ have easily passed through @binance UNDETECTED until social media flagged them. This raises some big questions. How is that possible with modern blockchain analysis? — Sir Bitlord (@Crypto_Bitlord) January 16, 2019 On the matter, Binance’s CEO said: It’s quite easy to generate a brand new address. We (and no one) recognize every transaction out there. We already have very in-depth and detailed blockchain analysis. Yet, the question remains - if a regular Twitter user has been able to detect the transaction in question, how, and more importantly - why did Binance miss it? Perhaps the better question, as posed by @Crypto_Bitlord is: So you are saying criminals can steal funds and just create a brand new address to send to before binance? In the meantime, Binance announced today the launch of their Binance Jersey fiat exchange. The platform is aimed at traders from Europe and it offers BTC/GBP, ETH/GBP, BTC/EUR, and ETH/EUR trading pairs. What do you think of Binance missing the transactions in question? Don’t hesitate to let us know in the comments below! Images courtesy of Shutterstock The post Binance Freezes ‘Some of the Funds’ Stolen in Cryptopia Hack appeared first on Bitcoinist.com.

2 months ago

Cryptopia Hack Stolen Funds Moved to Binance and Other Crypto Exchanges - Changpeng Zhao Confirms

A large amount of Ethereum and ERC-20 tokens have been transferred, over the last hours, from Cryptopia to wallets linked with several cryptocurrency exchanges, including Binance. This activity could have been associated with the Cryptopia hack that took place earlier this week, leading the exchange to suspend its operations. Hackers Attempted to Hide Trails Before Sending Stolen Funds to Binance According to Twitter user @ShaftedTangu, the hacker moved vast amounts of ETH and other tokens such as DNC, MTL, MGO, KNC, OMG, ENJ, CENNZ, TrueUSD and others, from Cryptopia-related wallets and then consolidated them into one account. Consequently, he redistributed the funds across multiple crypto exchanges. However, this action which could be seen as an attempt to launder the stolen funds was big enough to trigger the watchdogs that monitor every suspicious, large blockchain transaction. 19,391 #ETH (2,438,152 USD) transferred from #Cryptopia to Unknown wallet Tx: https://t.co/xTxMKRJSD8 — Whale Alert (@whale_alert) January 13, 2019 Social Media Seem to Play a Key Role in Blockchain Security @ShaftedTangu reached out to the representative of the involved cryptocurrency exchanges via Twitter, to warn them about the funds being moved to accounts of their companies. Namely, the exchanges that seem to have received funds from the Cryptopia hack include Binance, Huobi, CoinExchange.io, Digifinex and, KuCoin. Changpeng Zhao, CEO of Binance, went to confirm allegations, saying that the exchange was able to trace and freeze some of the stolen funds. Hey @cz_binance Binance has stolen tokens from Topia hitting it sir. Can you lock it down? https://t.co/0XllsBejUV — I Dream Of Alts (@ShaftedTangu) January 16, 2019 Just checked, we were able to freeze some of the funds. I don't understand why the hackers keep sending to Binance. Social media will be pretty fast to report it, and we will freeze it. It's a high risk maneuver for them. https://t.co/i0PeahLzic — CZ Binance (@cz_binance) January 16, 2019 Opaque Crypto Transactions After Cryptopia Shut Down Operations The crypto community is treating the Cryptopia hack with skepticism, as the stolen fund transfer occurred several hours after the exchange announced its temporary shutdown. This has led many to believe that the incident could have been an inside job, but Cryptopia has not responded yet to any of those allegations. The latest update from the exchange’s Twitter account says that the matter is now on the hands of the appropriate authorities. We cannot comment as this matter is now in the hands of the appropriate authorities. We will update you as soon as we can.https://t.co/9uMiKQwb6u — Cryptopia Exchange (@Cryptopia_NZ) January 15, 2019 Cryptopia Hack Stolen Funds Moved to Binance and Other Crypto Exchanges - Changpeng Zhao Confirms was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com.

2 months ago

A recap of LOOM Network

I originally posted this on r/ethtrader under a thread asking about favorite Ethereum-based projects (here: [https://www.reddit.com/r/ethtrader/comments/af5wh8/what\_are\_some\_of\_your\_favorite\_ethereum\_based/](https://www.reddit.com/r/ethtrader/comments/af5wh8/what_are_some_of_your_favorite_ethereum_based/)) My comments got a bit long, and I figured it might be useful to repost them (compiled) in case people come by this sub wanting to learn more about LOOM. So here's my answer to why LOOM is my favorite Ethereum project: \--- **LOOM Network**. And here's why: **One** \- LOOM addresses **scalability**: EOS \*almost\* worked - with dPoS you can indeed scale. However this comes at the cost of decentralization. 21 block producers can work, but not at the base layer. What if you could get the benefits of decentralization of Ethereum, but also the scalability of EOS: Enter LOOM. LOOM lets you build layer 2 blockchains that are setup on a dPoS consensus mechanism. This is valuable since not everything needs the absolute security of Ethereum. For example, if you're playing a game on the blockchain, do you need to store every single move on Ethereum. Or would it be better to push updates once in a while? You can now run dApps with thousands of users on LOOM, without overloading the Ethereum network. Oh and did I mention that dApp developers pay the cost for dApps, thus making for a much better user experience. I mean, I imagine most users wouldn't enjoy having to pay gas every time they send a tweet. **Two** \- **gaming**. Some people here already mentioned gaming as THE thing that'll bring blockchain to the mainstream. I agree, and so does LOOM. In that sense it's similar to Enjin or Gods Unchained. In fact, LOOM has worked on an extended ERC721 standard called ERC721x, so similar to ENJIN's ERC-1155 standard and similar to Gods Unchained, is building a trade-able card game called Zombie Battleground. Zombie Battleground has been impressive so far - heavy focus on making it free to play and most importantly making it such that people don't even know it runs on blockchain. The idea is to use ZB as a fun way to introduce people to blockchain by allowing them to buy/sell their cards on the marketplace etc. But there's more, Axie Infinity, Cryptowars, Coins and Steel are all building using LOOM. **Third** \- the LOOM sidechains can be used not just for gaming, but all types of applications that need high throughput. For example. global supply chain and logistics has been given shout-outs in ethtrader. It's probably the other big blockchain application at the moment. And once again, LOOM shines here, with **ShipChain, a shipping logistics blockchain startup, building on top of LOOM** **Fourth** \- **Plasma**. You guys remember the hype about OMG and how it was going to bring Plasma to Ethereum. Well, if sidechains, gaming and supply chain using blockchain weren't enough, LOOM also has Plasma covered - being the first team to actually have Plasma Cash. The best part - LOOM wasn't even initially looking into Plasma, but was asked by Vitalik if they could work on it as a method to transfer tokens from the mainnet to LOOM sidechains. That's how good LOOM is - they're ahead of the game with Plasma and it's not even their main focus. **Fifth** \- contributing to the Ethereum ecosystem. LOOM has a **wonderful Solidity coding academy** called CryptoZombies. It's a great way to get your feet wet with coding smart contracts and it's just one of many ways LOOM is contributing to the larger Ethereum ecosystem. So to recap: * Scalability * Games * Shipping/logistics * Plasma * Coding Academy EDIT: Bonus is their epic Medium: [https://medium.com/loom-network](https://medium.com/loom-network) \--- they post updates about once a week, every Friday - with cute Zombie graphics to boot. \--- When asked if LOOM really has Plasma: \--- Actually, they are. Here's some information: Their github repository on Plasma Cash: [https://github.com/loomnetwork/plasma-cash](https://github.com/loomnetwork/plasma-cash) Their Medium posts on Plasma:[https://medium.com/loom-network/practical-plasma-volume-i-gaming-9cfd3f971734](https://medium.com/loom-network/practical-plasma-volume-i-gaming-9cfd3f971734)[https://medium.com/loom-network/loom-network-plasma-5e86caaadef2](https://medium.com/loom-network/loom-network-plasma-5e86caaadef2)[https://medium.com/loom-network/plasma-cash-initial-release-plasma-backed-nfts-now-available-on-loom-network-sidechains-37976d0cfccd](https://medium.com/loom-network/plasma-cash-initial-release-plasma-backed-nfts-now-available-on-loom-network-sidechains-37976d0cfccd) A video of their CEO talking about LOOM Plasma at DevCon:[https://slideslive.com/38911967/practical-plasma-gaming](https://slideslive.com/38911967/practical-plasma-gaming) Vitalik tweeted about LOOM and Plasma: [https://twitter.com/vitalikbuterin/status/984651585476116480?s=21](https://twitter.com/vitalikbuterin/status/984651585

2 months ago

XRP, Litecoin, Cardano added to the first exchange to bridge cryptocurrency and bluechip stocks

DX.Exchange made a huge splash recently when it announced that it was tokenizing securities and stocks of companies like Tesla, Amazon, Facebook etc., but now, it has announced that users can now trade XRP with Bitcoin [BTC] and other cryptocurrencies like Ethereum [ETH], Litecoin [LTC]. DX.Exchange is a community-based exchange regulated by Estonia’s Financial Intelligence Unit [FIU]. Moreover, the exchange is said to be using Nasdaq’s Matching Engine technology. As per their tweet on January 6, 2019, the exchange had made it possible to trade cryptocurrencies like XRP, Ethereum [ETH], Bitcoin [BTC] and even Litecoin [LTC]. However, the articulation of their tweet raised a lot of questions and caused confusion whether XRP was being used as a base pair or not. The tweet also mentioned that registered members would be able to trade without any commission fees. Furthermore, the tweet even mentions options for users to trade via Euro [EUR], Japanese Yen [JPY] and U.S. Dollar [USD]. In a separate post, on the same day, the exchange stated: “Trade @litecoin #LTC with #BTC, #ETH & #USD on http://DX.Exchange from the get go! #exchangeyourway” The Chief Operating Officer at DX.Exchange, Amedeo Moscato clarified a user’s question and said that they will be adding Tron [TRX] to their list of trading pairs. A user @FinesseDLT commented: “The way this is worded insinuates XRP quote pairings like NFLX/XRP, AMZN/XRP in addition to XRP/EUR, XRP/JPY, etc. Damn, I hope this is the case. #xrpthestandard” However, the exchange clarified in the subsequent comments that XRP was not a base pair on the exchange. A Twitter user @Alex commented: “You really should add XRP as a base pair to the stocks. The XRP community is massive and listing that will get a lot of business your way.” The exchange became the first exchange to tokenize securities that could be purchased using cryptocurrencies, this news made a huge splash in the cryptocurrency world as many people were excited about this new development. However, the news also received a lot of critiques who questioned the legal framework of the exchange. The exchange’s tokenized stocks will be going live today and will include cryptocurrencies like Bitcoin [BTC], Ethereum [ETH], XRP, Cardano [ADA], OmiseGo [OMG], Enigma, ShareToken as well as Digibyte [DGB]. The post XRP, Litecoin, Cardano added to the first exchange to bridge cryptocurrency and bluechip stocks appeared first on AMBCrypto.

2 months ago

Nasdaq Powered DX.Exchange To Go Live Today, January 7th

Crypto traders and enthusiasts have waited since May last year for the Nasdaq powered DX.Exchange to go live. News of the exchanges first hit the crypto-verse during last years Consensus event in New York. DX.Exchange was initially meant to feature trading of the top six coins of Bitcoin (BTC), Ethereum (ETH), XRP , Bitcoin Cash (BCH), EOS (EOS) and Litecoin (LTC). DX.Exchange to offer Digital Versions of Top U.S Stocks However, a January 3rd report by Bloomberg informed the crypto and investor communities that DX.Exchange will also allow users to trade shares belonging to companies such as Apple, Facebook, Tesla, Microsoft, Amazon, Netflix, Descartes Systems Group, Baidu, Intel and Nvidia. Each unit of the digital security token will be backed by regular shares of the company on a one to one ration. Such an arrangement will be similar to buying stocks through other large traditional platforms such as TD Ameritrade. The difference this time round will be that the stocks will be represented by tokens on the Ethereum blockchain. DX.Exchange to launch Today, Janaury 7th It is with this background that the team at DX.Exchange announced via twitter that the exchange will be going live today, January 7th 2019. The tweet that did not give an exact time for the launch can be found below. Less than 24 hours to go until you can #exchangeyourway with https://t.co/gavrewTi9F! We can’t wait! See you tomorrow! pic.twitter.com/5kEMSY62V2 — DX.Exchange (@DXdotExchange) January 6, 2019 More Digital Assets and Fiat Pairs The new exchange that holds operating licenses with the Estonian Financial Intelligence Unit, will pair all the aforementioned six major cryptocurrencies with the United States Dollar (USD), the Euro (EURO) and Japanese Yen (JPY). Bitcoin (BTC) and Ethereum (ETH) will also be the base currencies paired with LTC, XRP, Enigma (ENG), OmiseGo (OMG), Cardano (ADA), DASH, ShareToken (SHR) and Digibyte (DGB). The availability of these pairs will be from the first day the exchange goes live. Zero Trading Fees But a Monthly Membership Fee DX.Exchange has a monthly membership fee rather than charging fees on each trade. For $20 per month, traders can trade a monthly trade volume worth $50,000. The $20 is reduced to $10 when paid with the native currency of the exchange: DXCash. Any trade volume above the $50,000 monthly limit, will be discounted if DXCash is used to pay for trading fees and according to the following tiers. Monthly Volume Standard Account DXCash $50,000 0 0 $100,000 0.25% 0.20% $500,000 0.20% 0.15% $1,000,000 0.15% 0.10% $1,000,000 + 0.10% 0.05% What are your thoughts on the Nasdaq powered DX.Exchange? Will it revolutionize crypto trading and the tokenization of regular stocks and assets? Please let us know in the comment section below. Disclaimer: This article is not meant to give financial advice. Any additional opinion herein is purely the author’s and does not represent the opinion of Ethereum World News or any of its other writers. Please carry out your own research before investing in any of the numerous cryptocurrencies available. Thank you. The post Nasdaq Powered DX.Exchange To Go Live Today, January 7th appeared first on Ethereum World News.

2 months ago

Busy Week For TRON With Multiple Developments Including Bitrue Adding New XRP / TRX Pair

Bitrue, cryptocurrency exchange, announced recently that would be adding five new XRP trading pairs to its offerings. XRP, the third largest cryptocurrency in the world according to CoinMarketCap will now be paired with Tron (TRX), Stellar Lumens (XLM), OmiseGo (OMG), Neo (NEO), and Gas (GAS), on Bitrue. Tron’s founder Justin Sun was quick to spot the announcement and retweeted it in support. The announcement came the same day as other positive developments related to Tron as the project appears to be making quick and significant progress. Bitrue Makes the Announcement Bitrue exchange tweeted recently to announce the arrival of five new XRP pairs. It wrote: As promised, we are adding 5 NEW $XRP-based pairs by end of the week! They are TRX, XLM, NEO, GAS and OMG! For other top voted pairs like #ADA and #VET, we will list those tokens first and add them in the next round, which will be pretty soon!https://t.co/i7RmZi2Lxh pic.twitter.com/0BYn3Fmook — Bitrue (@BitrueOfficial) January 2, 2019 Bitrue also stated on January 4 in a tweet that they had launched the most demanded XRP-based pair from their users which is XRP/TRX and that it is now open for trading. Other Developments Related to Tron 2019 has been good for the Tron foundation so far as the number of new Dapps listed on Tron increased by 20 during the first week of the year along with many other positive developments. Another big moment for the Tron network was the announcement that the BitTorrent token will launch later this year. The token sale will run exclusively on Binance Launchpad. The BTT token will be used by the BitTorrent users to enable faster downloads. Justin Sun and the project lead provided more details about the BitTorrent (BTT) in a live stream on January 4th. We are LIVE, tune in to learn about BitTorrent’s new token $BTT! @tronfoundation @bittorrent @utorrentro https://t.co/iEM6jNYoNj — Justin Sun (@justinsuntron) January 4, 2019 BTT is set to boost the adoption of the Tron network as well as blockchain and cryptocurrencies in general. BitTorrent already has 100 million users who will be introduced to the new content distribution framework using BTT Token. However, they will also have the option to opt out if they do not want to use it. This week the Tron Foundation also announced that after January 5, the names of TRC10 tokens would not be unrepeatable anymore. After this time, the token ID will be the only TRC10 token identifier on the network. TRC10 token's name will no longer be unrepeatable after Jan 5 2019, 6:00:00 AM UTC. From that time going forward token ID will be the only identifier. For more details please check the announcement in the link. #TRON #TRX $TRX https://t.co/qTdNa5UnzL — TRON Foundation (@Tronfoundation) January 4, 2019 Busy Week For TRON With Multiple Developments Including Bitrue Adding New XRP / TRX Pair was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com.

2 months ago

Crypto Exchange Bitrue Adds 5 New XRP Trading Pairs

Cryptocurrency exchange Bitrue has announced the addition of five new XRP-based trading pairs. Founded in 2018, the exchange has supported XRP as a base currency since the day of its launch. The exchange experienced quick growth due to its XRP trading pairs. Its users can now trade TRX, XLM, NEO, GAS and OMG against XRP. Also, the exchange has announced a 50% off on trading fee for all XRP pairs. Bitrue saw a volume of $15.7 million in the last 24 hours. (VS)

3 months ago

OmiseGo (OMG) Seeks to Enable Financial Inclusion Through Interoperable Open-source Blockchain Networks

OmiseGo (OMG) is a Thailand, Japan, and Singapore based blockchain platform that seeks to introduce financial inclusion and interoperability via the public, decentralized OMG network. According to OMG’s developers, their network is a ‘scaling solution for finance’ as it aims to enable transparent P2P transactions in real-time. The OmiseGo platform would also allow fiat trading and dApp development. Additionally, the OMG would provide a gateway for users to access, manage, and transact with cryptocurrencies that the network holds securely on chain. The developers plan to make the network highly scalable by using the Plasma architecture, which theoretically allows unlimited scalability. (KE)

3 months ago

Bithumb Exchange Denies Allegations for Faking Up to 94% Trading Volume

Latest report by CER, a cryptocurrency exchange rating service claimed that the Bithumb exchange is wrongly providing its trading volume since summer 2018. Resource unveiled the following stat; September - the trading volume of Bihumb was valued up to $350million November 11 - Bihumb surged at $4.4 billion (jumped up to 12 times as much) December 19 - Bithumb valued at $1.4 billion Source: cryptoexchangeranks.com However, looking at coinmarketcap, Bithumb today on December 20, 2018, stands with the trading volume of $1,740,002,554 which the source claimed that‘it doesn’t appear on CMC’s “adjusted volume” ranking. CER - Bithumb is Probably Involved in Wash Trading Cryptocurrency exchange rating or CER asserted that the Korean based crypto platform, Bithumb is probably engaging in the ‘wash trading’ activity. Wash trading is a form of trading in which investors trade the same ‘securities or financial instruments’. It is a market manipulation activity, created to mislead the financial mechanism within the market. Gleb Myrko, CER marketing lead told Forbes, executive; “Judging from our multifaceted investigation on Bithumb charts we see the signs of trade volumes manipulations, specifically, wash trading,”. He kept on adding that “Having calculated Price-Volume Correlation we came to the conclusion that the trade volume performance is not linked to price fluctuation on the exchange.” Looking closer on the matter, CER gave instances of two events that have happened in the past to prove Bithumb’s wash trading activities. It highlighted the wash trading by Bithumb can be seen during the month of September, in which the daily trade volume of BTC jumped to 10x. Yet another example pointed out is that ‘strange activity kept on happening in an early 11 Am hour every day that eventually delivered 95% of the daily total volume’. For instance, BTC transaction on early September 9,2018 was 7500 which was however 39% of the daily trades and 94% of the total day’s volume. Moreover, it also notes the increase in average transaction size between October 15 and November 11 which has inflated from 0.21 BTC to the 5.88 BTC. Along with Bithumb, CER also points other altcoins those are involving with similar activities - they added LTC, ETC, XMT, OMG, ZEC, BTG and WTC. Bithumb’s stake on Allegations As a response to this claim, Bihumb sent out an email to Forbes, stating “Bithumb is doing nothing to inflate trading volume”. It denies the allegation made by CER and urged how Bithumb is moving forward to promote its services just like other trading platforms. At this point, CER’s Myrko claims that; “Bithumb has mastered a multi-factored approach to conceal its foul play,” Continuing that “As far as we are able to judge the manipulations were fulfilled via matching opposite orders with the same price or by simply drawing transactions out of thin air, so-called ‘painting the tape.'” Coingape is looking closer to the matter to provide the details on this matter and the stake of Bithumb cryptocurrency exchange. Stay connected to know more. The post Bithumb Exchange Denies Allegations for Faking Up to 94% Trading Volume appeared first on Coingape.

3 months ago

Vitalik Buterin Donates $300K to Crypto Startups in a Bid to Push Ethereum 2.0 Development

CoinSpeaker Vitalik Buterin Donates $300K to Crypto Startups in a Bid to Push Ethereum 2.0 Development The genius creator of Ethereum has donated 3000 ETH worth over $300,000 to developers to focus on scaling solutions for Ethereum 2.0. He donated 1,000 ETH grants to three projects: Prysmatic Labs, ChainSafe Systems and Sigma Prime. Prysmatic Labs is working on the sharding client for Ethereum 2.0 whereas Sigma Prime is working on an Ethereum 2.0 client named Lighthouse. Chainsafe systems are also focused on the research and development for Ethereum 2.0. The conversation began when Ryan Sean Adams tweeted about a statement from Fred Wilson - co-founder of Union Square Ventures who criticized Ethereum for its lack of proper leadership and the supposed lack of progression in scaling solutions. Our biggest distraction @prylabs is that we are still working full time for other jobs. Even with recent grants, it’s hardly enough to take the whole team full time with significant pay cuts and it’s certainly not even for us to scale the team to where we need it. — Preston Van Loon (@preston_vanloon) December 18, 2018 Buterin immediately responded: Just sent 1000 eth. Yolo.https://t.co/s1q8K5Wlhs — Vitalik Non-giver of Ether (@VitalikButerin) December 19, 2018 Prysmatic Labs is a group of blockchain developers who got together to tackle the challenge of scaling the network. According to the team’s Medium blog, it chose to embrace the idea of sharding to scale the network. This particular approach will split the Ethereum network into multiple components that communicate and collaborate as opposed to having the tough structure of full nodes. It has the advantage of being more responsive to transactions added to the ledger, but it also requires an overhaul of the current protocol topology that the Ethereum network uses. Buterin went on to donate 1,000 ETH to ChainSafe after one contributor claimed he would drop out of university for a grant. The final 1,000 ETH donation went to Sigma Prime after one developer promised to hire new team members. Buterin confirmed all transactions with a link to the Etherscan block explorer with a warning: https://t.co/c2lyXzXdmC I expect results! 😊😊😊 — Vitalik Non-giver of Ether (@VitalikButerin) December 19, 2018 Crypto donations are not a new thing that just has become popular. They were big also in 2017, the year of the crypto boom, but also in 2018 when the market was (and still is) pretty bearish. Each time donation happens, whether it’s in cryptocurrencies or fiat currencies, it’s proof that not everyone in the crypto space is there for only themselves. According to a survey by WeTrust, as much as 77 percent of crypto holders are interested in making charitable donations. Perhaps it’s the holiday spirit, the fact that giving away a few ETH today doesn’t come at such a high price-tag, or maybe it’s for tax reliefs. It could also just be that the crypto community is largely made up of millennials and this generation simply likes giving to charitable causes. The drop in the price of Ethereum has not been easy on many projects, many companies like Consensys, Spankchain, and Steemit have laid off many of its employees. Despite the price collapse, the developer interest in Blockchain has been increasing consistently with a lot of smart people from reputed companies quitting their jobs to go full time on Crypto. Even though he calls himself non-giver, this is not the first time he actually donated Ether. In February this year, the SENS Research Foundation, a charity funding research for treating-age related diseases, has received a $2.4 million Ether donation exactly from Buterin. The foundation was co-founded in 2009 by Aubrey de Grey, a gerontologist who is researching rejuvenation therapies to extend people’s biological ages, hoping to permit humans to live much longer than ever before. Buterin, who is quoted in the press release as a “fan of Aubrey’s work since [he] first read Ending Aging (de Grey’s book) as a teenager”, then said: “I am happy to have been blessed with the opportunity to personally support SENS’s efforts. Their focus on creating solutions to the diseases of aging, one of the greatest problems facing humanity, is very much in line with my goal to positively impact the lives of millions of people around the world.” In April, together with OmiseGo, Buterin donated $1 million worth of OMG tokens directly to refugees living in extreme poverty. The donation will be made to GiveDirectly, a nonprofit organization operating in East Africa which will deliver the funds. ETH/USD retreated from recent high registered at $109.2; however, the coin managed to stay above $100.00, which is a positive signal for the bulls. Ethereum is changing hands at $102.39 at the time of writing, down 1.8% since this time on Wednesday, but up 1.7% since the beginning of the day. With a market capitalization of $10.6, Ethereum takes the third position cryptocurrency rating. ETH/USD created a bo

3 months ago

Vitalik Is Hodling SPANK and Jesus Coin

A cryptocurrency designed for the adult entertainment industry, as well as one purportedly offering global access to Jesus Christ, are among some of the projects held in Ethereum (ETH) creator Vitalik Buterin’s wallet. More than 100 different cryptocurrencies are currently in one of the wallets owned by the 24-year-old Buterin. As well as more than 7,000 ETH - worth approximately $800,000 - the chief architect for the Ethereum platform also owns $24,000 worth of Kyber Network (KNC) tokens; $400,000 in Maker (MKR) and $28,000 in OmiseGo (OMG). But Buterin’s portfolio also includes some slightly more bizarre tokens, albeit at a far smaller scale. Among these are 69 SpankChain (SPANK) tokens (strangely specific number) - worth roughly $0.01. The protocol facilitates online micropayments for viewers watching adult performers, whom they can tip with SPANK tokens. The wallet address shows this was a single transaction just under a year ago, in mid-January. Although he did give away some Ethereum to developers, as noted below, he has not yet blown his SPANK wad - none of the tokens have been used... yet. Buterin also holds a small amount of Jesus Coin (JC), valued at $0.15 at today’s prices. A joke project, similar to how Dogecoin (DOGE) began, it claims to offer users the “unique advantage of providing global access to Jesus” through such initiatives as decentralizing the church and outsourcing the forgiveness of sins. The project, which held an ICO in 2017, managed to peak at $17m at the start of 2018. Vitalik has not yet redeemed his Jesus Coin, but we hope his Jesus Coin will eventually redeem him - and any sins he may accumulate along the way. How do we know it’s Buterin’s wallet? Although some had already managed to link this wallet address to the Ethereum founder, it became publicly known earlier today. In the small hours of this morning, Buterin announced he had sent 1,000 ETH to a project building on the platform. Preston van Loon, one of the co-founders of Prysmatic Labs, which is developing an Ethereum sharding protocol for Ethereum, complained progress was slow because many of the team still needed to be in full-time employment. Buterin tweeted approximately half an hour later to say he had sent the project around $105,000 worth of Ether and included a link to his wallet address on Etherscan. Just sent 1000 eth. Yolo.https://t.co/s1q8K5Wlhs — Vitalik Non-giver of Ether (@VitalikButerin) December 19, 2018 Buterin has never fully disclosed the amount of Ether he holds. In October he said that the maximum amount he ever had was 0.9% of the total supply, which would be around $38m at current prices. The ETH in this wallet forms a small fraction of his total holdings; it’s not known how much is held in other wallets. Mr. Buterin also holds Finally Usable Crypto Karma (FUCK), a social currency. Looking at his wallet address, Crypto Briefing can confidently state that the creator of Ethereum can only give a solitary FUCK. The author is invested in digital assets, including ETH which is mentioned in this article. Join the conversation on Telegram and Twitter! The post Vitalik Is Hodling SPANK and Jesus Coin appeared first on Crypto Briefing.

3 months ago

On communications, expectations and lessons learned

A frustrated and exceptionally thorough post by a long-time community member gained a lot of traction this week. This level of analysis, the time that went into creating this post, can’t be dismissed as FUD or trolling. You have to really care about something in order to be this disappointed by it. In recognition of this community member’s long history of thoughtful participation in discussions around OMG, we’re going to respond to this post with as much honesty and self-reflection as we can. It’s a pretty huge understatement to say that we’ve learned a lot over the past year and a half, and we’re still learning. Community has been incredibly important to us from the start, but in a way we have sabotaged our own goal of creating an organic and self-sustaining community. We’ve seen this as a top-to-bottom open source effort - open source code, open source community building, open source ideation, open source content creation. We had open channels of communication which early on included openly expressing our excitement and expectations. Looking back, we didn’t do nearly enough to modulate that enthusiasm with an equal dose of restraint. We weren’t talking about challenges at the beginning because we hadn’t yet discovered what they were going to be. The dev team had the foresight to do what the comms team did not: they don’t open up the repos until the contents are reasonably well established and expectations for the future trajectory are clear. In light of a long history of code being copied and used before it’s stable, they recognized the danger - to both the project and public - of putting out incomplete information. This is something we’ve been called out on, apologized for, and done our best to correct. We can’t go back in time but we can continue to strive to improve. It’s a lesson that we’ve learned the hard way, along with the entire crypto community. As Michael J Casey wrote in this [insightful article](https://www.coindesk.com/the-crypto-winter-is-here-and-we-only-have-ourselves-to-blame), we failed to recognize the source of a lot of the enthusiasm and didn’t do enough to temper it with cautions about how young this technology still is - and many people who believed in the potential of the technology were harmed along the way. Most people are still waiting for the moment when they can truly participate, whether as users or stakers or business owners looking for an alternative to rent-seeking payment systems. Too often OmiseGO has spoken for OMG when what we really intended was for this to belong to everyone, and this also set us up as the sole owners of its fate (and by extension, that of the community). We wanted to put out information and participate in discussion, but unwittingly wound up the arbiters of those discussions, the primary source of information. In almost all cases, we see challenges not as setbacks but as items on our to-do list. That’s what R&D is - figuring out what’s hard, finding solutions. The community, on the other hand, largely sees challenges as circumstances outside their control which deter progress toward goals they care deeply about. It took us too long to recognize this imbalance. Our goals haven’t changed and our own enthusiasm for the grand vision hasn’t waned; but our public communications have been reined in significantly as we’ve realized that, bluntly, most people don’t really care until we deliver. We need to take a moment to appreciate our team’s deep commitment to the technology they have been diligently working on through all of this. In the face of incredibly harsh criticism, targeted and graphic death threats, doxxing, harassment, personal attacks, bull market hype, bear market FUD, and persistent questioning of their literal existence, they have kept on. We’ve made plenty of progress on the development front. We’ve had our eWallet in production release since July, and are gearing up to release version 1.1. We are working on taking the output of the OMG Network research and design phase to production; we’ve had MVP (Minimal Viable Plasma) on internal testnet for some time and are working our way down the to-do list to release MoreVP (More Viable Plasma) on a public testnet. Something that really got lost in the noise is the fact that the delay in initial release was primarily due to the decision to discontinue work on Honte (our intermediate solution running on Tendermint) in order to focus on plasma back in April. Honte was quite far along; it would have been functional in the short term and allowing token holders to stake sooner, but not sufficiently scalable for our ultimate goals. Moving away from Honte was a major shift that affected the priorities and order of operations for everything that followed. The same goes for the decision to pursue MoreVP rather than MVP for our public testnet; this change means better functionality and security in the initial release, but also more time needed to build out those additional features. We cou

3 months ago

State of Asia Cryptocurrency and Blockchain: Asia (ex-China) Part 2

As you may have read last week, we are rolling out a new post series for our Premium readers. It will feature recurring updates on the state of Asia Cryptocurrency and Blockchain. We have come up with 4 high-level topics, and every week we will be writing about one of these topics, and rotating through them in the following order. China (with a commentary on recent regulatory trends, media sentiment, and touching on exchanges and company developments) Asia Countries ex-China (with a commentary on regulations, media sentiments, crypto projects, exchanges and company developments) Exchanges And Mining (Binance, Huobi, Upbit, Bitmain, Canaan, etc) Crypto Projects and Funding Trends Check out our previous piece on China. This week, we will be discussing the latest developments in the rest of the Asian countries- Japan, Korea, Singapore, Thailand and India. Given the length of the post, we are splitting the post into several parts. This post will be on Korea and Singapore. Check out the latest post on Japan’s here. We just also released A Quick Guide to Asia Market Entry - China, Korea, Japan, Singapore and a spreadsheet detailing the data here. Check it out and let us know if it’s helpful for you. Thank you for reading. State of Asia Cryptocurrency and Blockchain: Asia Countries (ex-China) Part 2: Korea, Singapore, Thailand and India Read part 1 on Japan here KOREA What’s been happening: The Korea government has been piling on resources and promoting Blockchain adoptions and crypto trading and local exchanges are being further supported by recent regulations. Korea is trying to create its own Crypto bubble and its decisions are all pointing to improving its own state of affairs, while not necessarily engaging with crypto activities and organizations outside of Korea. A new development is that local banks are now providing virtual bank accounts to local cryptocurrency exchanges. South Korea’s Ministry of Science and ICT, and the National Election Commission said they will develop a blockchain-based online voting system by December. The government is also looking to use blockchain technology for tracing beef and providing consumers with information from the food supply chain. Cryptocurrency project ICON showcases 3 joint blockchain apps at an event supported by Seoul Government- Blockchain ID card, voting, and S-coin. The government seems very willing to dedicate resources and funds into the space. This month, the South Korean government has agreed to invest $35 million, triple that of 2018, in next year’s budget to develop blockchain technology and industry related to distributed ledger technology. Given the small Crypto community in Korea, most of the activities are happening in Seoul. On top of the government blockchain budget, Seoul has recently announced that they would create a blockchain complex to house around 200 companies as well as create a 100 billion won ($88 million) fund to foster talents in the sector. Korea’s Financial Services Commission has cleared banks to work with cryptocurrency exchanges by providing virtual bank accounts, and every bank account holder is provided with a virtual bank account by the account issuer. South Korea court has also come out and said banks cannot unfairly treat crypto exchanges. Upbit, South Korea’s largest crypto exchange by volume according to CoinMarketCap, has been approved by the Korea Internet and Security Agency for having a strong infrastructure in place. Korean crypto giant Bithumbmakes into U.S. foray with a partner to create a security token exchange. Newcomer Korean exchange Pure Bit reportedly scammed with at least 13,000 of investor Ethereum. Lastly, on the project side, South Korea’s messaging giant Kakao and Stablecoin Terra partner for blockchain payment system. Kakao Corp, amajor South Korean Internet conglomerate, has established a subsidiary of the company in Singapore to attract foreign investments with cryptocurrencies. South Korean branch of the Tezos Foundation has signed a Memorandum of Understanding with Yonsei University to collaboratively work on the development of blockchain talents. What this means: Korea’s national election commission ran an online voting system, dubbed K-voting, back in 2013, which has since been used by 5.64 million people but trust in the voting system remains low due to hacking and fraud concerns. Subsequently, the regulators are looking to deploy a blockchain voting system and are starting with a trial next month. Korea regulators have always been very vocal about the use case of blockchain and it is clear that they have high hopes for it and is not afraid of test it out. Since the beginning, Korean regulators have recognized their own technical limitations and have worked closely with the most prominent Crypto funds and projects in Korea such as Hashed and ICON, respectively. ICON is one of the largest projects in Korea, and some of its releases and roadmaps certainly demonstrate an extensi

3 months ago

Top Asia Crypto News Round Up from Dec 9th- 12th

Top News in Asia from Monday through Wednesday An OmiseGO community member calls out OmiseGo’s failure to deliver in a detailed timeline Reddit post titled” expectations vs reality, expectation management, developmental status and short/midterm future analysis and concerns”. http://bit.ly/2PwY67O Central bank deputy governor: STO business ‘essentially an illegal financial activity in China’. http://bit.ly/2zXmdYn A supposedly “leaked” WeChat conversation between some of the most powerful Chinese crypto investors surfaced including Binance cofounder He Yi, Chandler Guo, Huobi Exchange chairman Leon Li, Liaode Capital founder, talking about how the EOS team has been pushing down its prices on purpose, and that the group was going to pump up EOS together. Later He Yi and Chandler refuted on Chinese Twitter that these WeChat convos were photoshopped (which is not uncommon in China). Google translated article WeChat, Shenzhen Tax Bureau Launch Blockchain-Powered Electronic Invoices. http://bit.ly/2zUxicN OKEx Crypto Exchange Lists Bitcoin Cash ABC Under Original Bitcoin Cash Ticker. http://bit.ly/2zUBV6K Coin and Token News ADA founder Hoskinson: “I can’t imagine how they’re [Block.One] not going to have some sort of issue with the SEC. http://bit.ly/2rvrceb BitMEX research- BTC hashrate drop equivalent to 1.3 million Bitmain S9 machines switched off: http://bit.ly/2A4POPR Deals and Funds Chinese Blockchain Education Platform Tomato Rubik’s Cube Completes Angel Round. http://bit.ly/2zSqL1Z Exchange News CEO of Dunamu, the parent company of South Korea’s largest crypto exchange Upbit, said that regulation is important to establish industry standards. http://bit.ly/2zYmvhw In the first official meeting between five of the biggest crypto exchanges and the government of South Korea, Cumberland Korea says that both the government and local financial institutions have to acknowledge the efforts of Nasdaq, Fidelity, and some of the largest conglomerates in the global market working to strengthen the infrastructure around cryptocurrencies. http://bit.ly/2A4POPR Regulation News South Korean startup Presto to file constitutional appeal against local ICO ban:http://bit.ly/2L9c3Io Business News Bitmain has secured a long-term cooperation with a wholly-owned subsidiary of China Mobile on the development of artificial intelligence. http://bit.ly/2PyPYDD Samsung has refuted rumors that it has plans to offer a cryptocurrency cold wallet on its Galaxy S10 smartphone. http://bit.ly/2zSI2Z6 Bitmain to Close Israeli R&D Center due to Crypto Market Crash: http://bit.ly/2PyRS7B South Korea’s government will spend $3.5 million USD equivalent to set up a blockchain-enabled virtual power plant (VPP) in the city of Busan: http://bit.ly/2GdLbbw South Korea’s second-largest commercial bank, Shinhan Bank, has embarked on a project to implement blockchain in internal processes to decrease human error: http://bit.ly/2rvpnOna

3 months ago

My take on OmiseGO, expectations vs reality, expectation management, developmental status and short/midterm future analysis and concerns.

Some might know me, as I’ve been around since the beginning shortly after ICO. I was very excited, to the point of shilling it to friends, family, on reddit and twitter. Defending this team, project and community. I tried educating people, correcting FUD and actively engaging in discussions. I am not posting this for sympathy, upvotes or whatsoever. I want everyone to know what has been said, how it’s been said, when it’s been said and compare that with what we have right now. If I posted anything wrong, correct me and I’ll stand corrected. I also believe there are things going on that need attention, for the sake of the future of this project. English is not my native language so I'm trying to keep this post as readable as possible :) The way this project was announced made me feel like this project was different from any other crypto. Had major backers in the likes of Vitalik, Poon. Aims to provide a solution to real world problems, can drastically change lives. This token is supposed to be a utility token, that will eventually ‘earn’ you fees. This way the token will have an intrinsic value, in contrast to many tokens out there. It all felt like a no brainer buying in, especially compared to other tokens/currencies out there. ------------------------------ The last few months were absolutely brutal. Times like these also make you critically assess your ‘investments’ and evaluate where we stand and where we are heading. Ofcourse, bear markets can clog your mind and reasoning abilities possibly even more so than in bull markets. I can safely say I am not immune to these drastic market movements, but even though I have invested a lot of money, it is money I can afford to lose. Which doesn’t mean I should be okay with it. I have been seriously emotionally attached to this investment because I want it to succeed so bad. I care about the project and I appreciate the people working on it. A slur of death threats and extremely offensive, racist remarks is not something the team deserves and I’d like to distance myself from people like this empathically. **We can all come to the conclusion OmiseGO is far from succeeding in their goals laid out in their whitepaper, crowdsale docs and public communications, and I believe now is the time to evaluate and look back all the way to the moment OMG was announced on the 17th of February, 2017 (close to 22 months ago) and announcements, developments plus comms by the team along the way.** ------------------ I will start at the beginning and use tweets from the official OmiseGO twitter account. ####**February 2017** https://twitter.com/omise_go/status/832624847314247681 . Announcement of OMG. Notice how this tweet already contains Q4 2017, which immediately provides a sense of ‘this is all around the corner, all we need is a token sale done in Q2’17. The first few public communications by the OMG team were tweets about tendermint, for example this retweet by the OMG team: https://twitter.com/marekkirejczyk/status/832885686554460160 . PoS research so advanced already! Then there is this retweet of an article containing an interview with Thomas Greco (who’s role has mysteriously diminished) from the 20th of February 2017. https://www.ibtimes.co.uk/omise-using-ethereum-create-decentralised-inter-asia-m-pesa-1607451?utm_campaign=soficalflowtwitter&utm_source=socialflowtwitter&utm_medium=articles Interesting little outtake from this article: > “Wendell Davis, product development lead, Omise, said: "If you are going to launch a mobile money platform you need people to accept it. You need merchants etc. The justification for Omise doing a project like this is we have already done that type of business development with 3,000-plus major merchants from the likes of airlines to large corporate holding companies that have restaurants and things like that. That business is already done; those relationships already exist. > Regarding the token sale and the initial role of token holders, he added: "We want there to be a variety of stakeholders and we want those stakeholders to have access initially to what we are calling our fee revenue. Basically while we are operating this network of wallets - whether on behalf of this company or that company - we are taking small fees. To begin with OMG token holders will be able to claim a percentage of fee revenue so that they can participate in this.” Notice how it suggests the token is going to have utility ‘initially’. ####**May 2017** On the 3rd of May 2017 we have a tweet with Vitalik and Poon sitting at the table with OMG https://twitter.com/JUN_Omise/status/859991740282945537 Shortly after that there’s an ethereum meetup with Poon and Thomas Greco https://twitter.com/omise_go/status/862945097108815872 and just a week later we have the actual OMG whitepaper written by Joseph Poon https://twitter.com/omise_go/status/865570171758542848 . The first question that comes to mind is where is Joseph Poon? Since writing the

3 months ago

Decentralized Cryptocurrency Projects Are Increasing Due to Legal Enforcement’s Threat to Big Exchanges

Statistics now show that the threat posed by law enforcement on the big crypto projects is rising significantly, and this has captured the attention of developers around the globe. Due to the troubling threats, projects like OX, OmiseGo, and Kyber Network have decided to develop new protocols that can be used for token trading. The new protocols will help in building and monetize decentralized exchanges. Although DEXes has since been rolled out, questions on the degree of decentralization and their vulnerability to law enforcers have surfaced. This was recently highlighted by a case against Etherdelta which clearly showed that irrespective of being decentralized or not, developers will always be held accountable over illegal activities on their platforms. (VK)

3 months ago

Are E-wallets a Real Threat to Cryptocurrencies?

CoinSpeaker Are E-wallets a Real Threat to Cryptocurrencies? Cryptocurrency enthusiasts are eagerly awaiting the day when traditional payment methods and fiat money will be left in the past. Nevertheless, it may happen so that precisely these traditional options will greatly contribute to the mass adoption of crypto. Payment systems like PayPal, Paysafecard, and Skrill are better known for a wide audience and are widely used. The question is, whether these traditional trusted alternatives may affect crypto adoption. Tough Times for Crypto After the previous-year hype around them, Bitcoin and the other cryptocurrencies it inspired such as Litecoin, Bitcoin Cash, and Omisego have been experiencing not the best times in 2018. Last year their prices were increasing unbelievably fast but this year the market is affected by the bearish trend which has become a real reason for panic for a great number of crypto traders and investors. In the condition of such volatility, some better-known methods of payment are still considered to be a more popular option for a lot of regular consumers when it comes to online purchases. Many traditional payment systems are doing their best to expand their opportunities and enter new territories with a view to attract more users. For example, the payment system Paysafecard has established a partnership with Google this year, and became a registered payment method in the Play Store. The introduction of options like this may become a real barrier for cryptocurrencies to break into. E-Wallets Dominant in Online Casino Industry PayPal is continuing its global dominance as an alternative payment method, and its net worth has now surpassed eBay at around $15 billion. The online payment platform is well-used in the online casino sector, but there are other options which are perhaps more popular in the industry. Skrill is one of such options. Its digital wallet has over 35 million account holders worldwide. Casinos which accept Skrill tend to attract a lot of players, and it used to be one of Canada’s preferred banking methods. Nevertheless, it has ceased operations in the country. Moreover, it has been recently announced that the service is planning to add the option of buying cryptocurrencies including Bitcoin and Ether. Such an initiative could be a good way to boost the popularity of digital currencies. So, crypto enthusiasts just hope that Skrill won’t get pulled from more countries as it happened in the case with Canada. Though at the current time, it may seem that the popularity of e-wallets and other online payment platforms could mean a threat to cryptocurrencies, it is not so. Such popular payment options as Skrill now are getting involved with e-currencies. And it could be good news for crypto enthusiasts. Thanks to going through a trusted payment method like this, cryptocurrencies have good chances to achieve mass adoption in the years to come. Are E-wallets a Real Threat to Cryptocurrencies?

4 months ago

Podcast Transcript: CryptoAge Obi on Japan’s Regulatory Sentiment and its Growing Blockchain Developers Ecosystem

Checkout our Latest Podcast with Obi In this episode, Joyce Yang from Global Coin Research is joined by Yusuke Obinata, aka Obi, founder of CryptoAge. Obi is deeply involved with the Blockchain community in Japan, and he has been helping multiple US blockchain projects go to market in Japan including Cryptokitties, Quantstamp, and Kadena. Through CryptoAge, Obi organizes frequent, large size developer meetups in Tokyo. He is also the lead organizer of NodeTokyo 2018, the first kind of blockchain developer conference in Tokyo. In this podcast, Obi and Joyce discuss the latest regulatory sentiment towards crypto in Japan, the growing blockchain developers ecosystem and how he advises projects in the US to go to market there. Obi Something interesting thing about Japanese market is that actually a lot of tech enterprises from the big like listed companies to startup interested in Blockchain and most of them have already started working on building something. Joyce Yang Welcome to the Global Coin Podcast. A Podcast where we hear from leading global operators and investors in crypto with their thoughts on the Asia Blockchain and cryptocurrency space. Asia is really a cryptocurrency hub, and understanding the region is as important as understanding what’s going on locally. We also have a newsletter that highlights all the important crypto news coming out of Asia with many translated by our staff directly from the local media. Check it out at [globalcoinresearch.com] I’m your host Joyce Yang and today I am joined by Obi aka Obi founder of CryptoAge. Obi is deeply involved with the Blockchain community in Japan and he has been helping multiple US Blockchain projects go to market in Japan including CryptoKitties, Quantstamp and Kadena. Through CryptoAge, Obi organizes frequent large sized developer meetups in Tokyo. He’s also the lead organizer of NodeTokyo 2018, the first kind of Blockchain developer conference in Tokyo. In this podcast, Obi and I discussed the latest regulatory sentiment towards crypto in Japan, the growing Blockchain developer’s ecosystem and how he advises projects in the US to go to market there. Obi My name is Obi. Yusuke Obinata in Japanese full name, but people call me Obi like Obiwan from Star Wars. I’m based mostly in Tokyo and I’m the founder of CryptoAge which is the Blockchain community for developers in Japan who are excited about crypto Blockchain. I’ve been helping a lot of international Blockchain projects and communities in everything that can be the bridge between them and Japan. So I’ve been helping projects like Quantstamp, OmiseGo, CryptoKitties. I’ve also helped Ethereume foundation to set up the first big meetup which happened in Tokyo back in March which Vitalik and Gavin Wood, Joseph Poon. There were others who came to Japan and we had like 500 people joining us. Joyce Yang That’s really great and I’ve been hearing about you from many different people in the States, who whenever I mentioned I want to try to better understand Japan, they tell me that “you should go meet Obi.” So I’m so glad you’re here on the show and talking to us... Obi Thank you for having me. Joyce Yang Yeah I know it’s great. We love to learn more about what’s going on in Japan and you being here physically it definitely will be very interesting, could you share your perspectives on what’s going on there versus what you’re seeing in the rest of the world. Obi Yes, that’s good. Joyce Yang Yeah. So in terms of crypto and what we’ve seen in the last 6 months in the country, what are your top kind of takeaways for our audience? Obi I think Japan has been like one of the biggest crypto markets in terms of like trading, holding f the Bitcoin and like a general adoption of crypto. So that’s yeah exactly what I’ve been seeing in the past few years. So I’ve gotten into crypto since 2014 when I was working at traditional VC firms investing in Tokyo and Southeast Asia. We’ve invested in a crypto exchange called BitFlyer, we were one of the first investors in 2014. So I’ve seen the market since then and especially until like the beginning of this year, Japan is all about trading and speculation. There haven’t been many developer communities here. Starting from this year, I’ve seen more and more meetups or communities started being formed. And then also, I’ve started one of them and especially in the last 6 months, I’ve seen a huge growth of interest from the developers and also students who don’t really care about the price of the crypto, they’re more interested in the technology and innovative side of the Blockchain. Joyce Yang That’s really interesting. It sounds like you’re saying that the market has really spurred a group of individuals who are very interested in building and developing for the cryptocurrency projects and you’re very involved with that. Obi Yeah. Through CryptoAge, I’ve been hosting meetups for young developers and students at least like once or twice in a month starting fr

4 months ago

Bitmain Launches Crypto Index for Investors, Provides Data on 17 Digital Assets

Chinese cryptocurrency mining hardware manufacturer Bitmain has just released its own cryptocurrency index. Going forward, the firm will provide market data for 17 of the largest digital assets by market capitalisation. Bitmain Crypto Index Will Track 17 of the Most Popular Digital Assets One of the planet’s largest producers of digital currency mining hardware has just published an index of cryptocurrency prices. Bitmain announced the move via its website, BTC.com, earlier today. According to the post, Bitmain’s new price index has been tailored to institutional and individual investors alike. It stated: “The index tracks the performance of the largest and most liquid digital currency in the market and is denominated in US dollars.” The index draws its price data from the largest cryptocurrency exchanges on the planet. To help decide which trading venues are eligible to inform the service, Bitmain analyse each based on its: reputation, regulatory compliance, price transparency, stability, and trading volume. The exchanges making the grade thus far are: Bitfinex, Binance, Bitstamp, Bittrex, GDAX, Gemini, Huobi, Itbit, Kraken, OKEX, and Poloniex. Bitmain will provide visitors to the index with real-time price updates by the second, along with a daily reference price. This latter feature will be updated at 10 a.m. (GMT +8) each day. The coins chosen by Bitmain are: Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), EOS, Ethereum Classic (ETC), Litecoin (LTC), XRP, Dash, IOTA, NEO, Monero (XMR), Cardano (ADA), Tron (TRX), Icon (ICX), Lumens (XLM), Zcash (ZEC), and OmiseGo (OMG). In addition to the 17 single digital currency indices, Bitmain has also created a combined index of the leading 10 cryptos. This will be known as the Bitmain Large Cap 10 Index (BLC10). In the words of the Chinese firm itself, the BLC10 will be: “A comprehensive index of market capitalisation weights, totalling more than 90% of the market’s digital currency market value, covering currency classes, decentralised platform classes and anonymous digital asset classes.” Related Reading: How Much of the 20% Surge of Bitcoin Cash is Affected by Bitmain IPO? Bitmain Still in Choppy Waters In other recent Bitmain news, the Chinese mining hardware manufacturer has just had a class action lawsuit brought against it by one of its U.S. customers. The case claims that Bitmain had redesigned their ASIC cryptocurrency mining chips to earn mining rewards and transaction fees for the company rather than the users themselves. Filing the complaint is an LA resident called Gor Gevorkyan. However, the action is on behalf of all Bitmain’s U.S. customers. Gevorkyan believes this is around 100,000 individuals. He is hoping to sue the mining giant for over $5 million. However, the lawsuit is just the tip of the iceberg with regards Bitmain’s current troubles. Its plan to go public on the Hong Kong Stock Exchange has exposed some dubious figures relating to the company’s inventory. This has prompted a full restructuring of its board of directors. All the while, the once undisputed leader of the hardware manufacturing industry is slipping behind technologically to other companies also building ASIC chips. Featured image from Shutterstock. The post Bitmain Launches Crypto Index for Investors, Provides Data on 17 Digital Assets appeared first on NewsBTC.

4 months ago

Meetup Segurança e Vulnerabilidades Blockchain, novidades

Por: Livecoins Para discutir a temática de vulnerabilidades na rede Ethereum, foi realizado um Meetup sobre Segurança em Blockchain, que foi uma live ao vivo realizada gratuitamente na segunda 26 de novembro de 2018. O especialista em Ethereum, Fábio Hildebrand, explicou que apesar de a maturidade do ecossistema ter aumentado, ataques a smart contracts continuam acontecendo. Ataques recentes à SpankChain, Useless Ethereum Token, e Fomo3d foram mencionados.. De acordo com Fábio, desenvolvedores de SM devem sempre testar a segurança de suas aplicações, escrever as documentações de forma detalhada, e se necessário (para contratos que transacionem altos valores), contratar auditores externos para conferir o código ou ainda abrir um processo de Bug Bounties. Uma dica de Fábio também, é procurar se engajar com a comunidade de desenvolvedores, que em alguns casos fazem uma auditoria de qualidade e de forma grátis nos diversos projetos criados que tenham um impacto positivo para a comunidade. Abrir um canal para receber notificações de ameaças no código para todas as iniciativas é importante, mesmo que apenas um e-mail (básico), pois abrir um Issue no GitHub e tornar a vulnerabilidade pública pode ser prejudicial para projetos, principalmente até que os mesmos sejam resolvidos, podendo ser explorados por atacantes externos atentos. Para melhorar a segurança dos SC, foi criada em 2017 a iniciativa Solidified, que confere a segurança e auditoria dos contratos, sendo Fábio um dos técnicos da iniciativa que trabalha direto do Brasil. Qualquer especialista em segurança blockchain pode ser um auditor e receber recompensas pelo seu trabalho. O processo hoje é executado de forma manual, mas uma Dapp está em desenvolvimento, com previsão de lançamento em 2020. A solução acompanhará a plataforma de bug bounties (já em funcionamento em web.solidified.io) e dum mercado de predição de bugs. A ideia da Solidified, que já está em funcionamento, é criar um mercado de Bug Bounty, garantindo formas mais fáceis de encontrar uma auditoria de contratos inteligentes e com orçamentos justos, ideia semelhante ao projeto OpenZeppelin. A Solidified criou um ambiente na Amazon AWS para desenvolvedores interessados em auditar códigos como treino, que é um projeto educacional no estilo capture the flag. Outro palestrante do Meetup sobre segurança foi o Everton Melo, que detectou um Bug na OmiseGo e outro na PIVX, e recebeu os créditos por seu trabalho de ambas as equipes. Everton, que palestrou também na Roadsec 2018 em São Paulo com a palestra “Como hackear uma blockchain“, falou também sobre a proposta da ISO / TC 307, que é uma proposta para padronizar aplicações blockchain e DLTs. Um outro ponto de sua fala é a analise do Github do Bitcoin Core, Bitcoin Cash e Bitcoin Gold, que de acordo com o analista possuem muitas diferenças, destacando que o Core possui inúmeras vantagens no ambiente open, além de controle de versão superior a seus forks. Fonte: https://docs.google.com/presentation/d/10TR3It78M1AGvhNBUbbNAyoj08atzXAurbEaoWabspE/edit#slide=id.g468f7d3cc2_0_2 De acordo com Everton, as tecnologias devem ser sempre analisadas por seu GitHub, visto que o ponto forte das criptomoedas é o seu código fonte aberto, e que quando detectadas falhas nos projetos, as comunidades devem aceitar e buscar corrigir os problemas sem ataques ao desenvolvedor auditor. O palestrante citou o problema com uma comunidade ao indagar as bases da cripto, que além de não ter acatado as suas críticas, atacou pessoalmente o desenvolvedor. De acordo com Everton, o Bitcoin Core possui uma enorme lentidão ao confirmar falhas devido a complexidade do projeto, e quando detectadas devem ser apontadas pelo auditor a versão do código do qual foram detectadas falhas, para facilitar o trabalho de correção das mesmas e dar mais credibilidade ao seu trabalho. Além disso, destacou o problema do OverFlow presente no código do Bitcoin, que inclusive foi destaque em um Twitter de Jimmy Song recentemente. Para finalizar, Everton destacou que dentre os inúmeros projetos que existem no cenário atual, o que ele mais acredita no longo prazo seria o que une o Ethereum com a Zcash, chamado projeto Alchemy. Em um mercado com inúmeras criptomoedas, existem várias com boas ideias, mas com execuções que não são boas, logo ficar atento ao investir em projetos é importante, destaca Melo. Para quem possui o interesse em aprender a linguagem de programação Solidity há várias opções na web gratuitas, e tende a ser uma das linguagens mais utilizadas por desenvolvedores de blockchain nos próximos anos. Estudar segurança da informação também é muito importante, a fim de evitar problemas com Dapps e Smart Contracts, pois como a Blockchain é imutável, após finalizar a programação e colocar os mesmos na rede fica difícil a correção de bugs no ambiente. Para Fábio, o ataque em contratos na TestNet é difícil, mas no ambiente da MainNet e principalmente que envolve valores, os atacantes podem ter mais ince

4 months ago

Safex presented by Dan Dabek at the OMG Commerce conference ...

Safex presented by Dan Dabek at the OMG Commerce conference in Belgrade, Serbia: A conference about ecommerce and d… https://t.co/CqKSZxu3pH

4 months ago

New Bitcoin Carnage Sends BTC Prices to 2018 Lows, 3-day RSI Matches That of January 2015

The end of the year hasn’t been good for cryptocurrency prices so far. The crypto markets faced another bloodbath on Monday as Bitcoin reached 2018 lows, and is currently trading at $4,591. Ethereum and other altcoins are following suit, while Bitcoin’s market capitalization fell below $100 billion. The longstanding bearish markets are still taking a toll on digital currencies. Crypto expert and investor Alistair Milne also suggests that the 3-day RSI for BTC matches that of its 2015 performance. Crypto Markets Drop Further Bitcoin is currently down by over 10 percent in the past 24 hours according to TradingView. Some of the hardest hit popular coins include Monaco, NEO, and OmiseGO, with over 15 percent declines. Cardano, Monero, and Dash are suffering over 13 percent losses. Most coins in the top 50 bled profusely as the market’s tuned to selling. Digital Currency Fund CIO and crypto investor Alistair Milne shared his views on Twitter earlier in the day. He noted: “Last time the Bitcoin 3-day RSI was this low was the January 2015 ‘capitulation’ bottom.” In a subsequent tweet, he said: “A better view - sorry Note: I didn’t say this is capitulation nor say the 3-day RSI can’t go lower (it can)” It’s not going to end well for Bitcoin and other currencies, as far as the current quarter is concerned. Recently, longtime crypto bull Tom Lee cut his year-end forecast for BTC yet again, predicting a $15,000 - $25,000 range. The Chaotic State of Cryptocurrencies The slump comes days after the Bitcoin Cash hard fork. The fork, which led to the creation of two competing chains - Bitcoin Cash ABC and Bitcoin Cash SV has led to the so-called Hash Wars where each chain is trying to trump the other. Most exchanges are now left with two chains they will have to support and distribute coins between the users. The Bitcoin Cash fork may have had a major impact on the crypto markets which goes on to show the volatility of the crypto market. But that is not the only issues the market has to face. Accounting firm KPMG said last week that cryptos are not ready to be classified as real currencies. It said that using Bitcoin as a store of value will be a “fool’s errand.” It, however, also pointed to the bright side as KPMG chief economist Constance Hunter noted: “More participation from the broader financial services ecosystem will help drive trust and scale for the tokenized economy and help the crypto market grow and mature.” New Bitcoin Carnage Sends BTC Prices to 2018 Lows, 3-day RSI Matches That of January 2015 was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

4 months ago


News courtesy of berminal.com
Enjoying our data? We have spent over 4000 hours on Platform Development and Coin Research. Donations are welcome!
Trading and investing in digital assets is highly speculative and comes with many risks. The analysis / stats on CoinCheckup.com are for informational purposes and should not be considered investment advice. Statements and financial information on CoinCheckup.com should not be construed as an endorsement or recommendation to buy, sell or hold. Please do your own research on all of your investments carefully. Scores are based on common sense Formulas that we personally use to analyse crypto coins & tokens. We'll open source these formulas soon. Past performance is not necessarily indicative of future results. Read the full disclaimer here.
Dark Theme   Light Theme
1