Streamr DATAcoin DATA

$0.0376
Market Cap $ 25.487 MM (#179)
24h Volume $ 1.087 MM
Chg. 24h: 2.96%
Algo. score 3.1/5  (#433)
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Streamr DATAcoin News

Police Warn Computer Users of a New Ransomware Scam

The police cybercrime unit is warning users of a new computer virus called Dharma. Dharma reportedly encrypts and locks files then demands Bitcoin payments for these files to be unlocked. Computers and servers are the primary targets of this virus. Authorities have warned that users should not pay any ransom money to discourage this illegal practice. The cyber crime department has said that currently there is no software to restore the infected files. However, the public has been urged to take precautionary measures such as to back up their data, and not to open links or download attachments sent from foreign sources. (KE)

5 hours ago

Tether Pulled $300 Million USDT out of Circulation Last Week

A few days before Tether dropped 6 percent and lost its dollar peg, Tether LLC, the issuer of the USDT stablecoin, withdrew $300 million worth of USDT from circulation. Data from Omni blockchain protocol shows that Bitfinex sent $300 million USDT to Tether’s treasury address last week. $100 million USDT were sent on Oct 9 and $200 million on October 14. Prior to these transfers, Bitfinex sent $10 million USDT to Tether’s treasury and the stablecoin operator hasn't minted any new coins since September 21. Rumor has it that Tether is struggling to find a banking partner and this could be why fiat deposits were temporarily paused. Since losing its dollar peg, USDT is being abandoned by traders who are now flocking into other stable coins like the Gemini Dollar (GUSD), USD Coin USDC), and Paxos (PAX). Currently, USDT is down 1.49 percent and the price is $0.972. (RS)

20 hours ago

Bitfinex Announces New Reporting Tools For Users

Cryptocurrency exchange Bitfinex has launched a set of reporting tools for users to gain additional insights on their trading activities. The new reports interface will come with responsive pages for all devices. Also, users will be able to download their account data, to analyze them offline. The new tools will be made open-source, giving the community an opportunity to contribute and add features. Bitfinex saw a volume of $1.1 Billion in the last 24 hours. (VS)

a day ago

Investors Sink $11.5 million into Crypto Portfolio-tracking App Blockfolio

Blockfolio has raised $11.5 million from several leading investment funds. Pantera Capital led the funding round with Bitmex and Huobi participating too. Created in 2014, Blockfolio is a crypto portfolio-tracking app that gives price information to crypto enthusiasts. This year, the firm launched Blockfolio Signal, a broadcast channel that links token groups with millions of users. Edward Moncada, the startup’s CEO said the funds would enable the firm to reach its goal of providing quality data and information efficiently by making Blockfolio entirely free. (KE)

a day ago

The Cryptocurrency Market Walks a Fine Line as Bitcoin Slowly Recovers Above $6,300

Today the cryptocurrency market walks a tightrope as the majority of tokens are attempting to stabilize after this week’s sell-off. Most of the top 20 coins are slightly positive and data from Coin360 shows that the market has fluctuated less than 1%. Bitcoin managed to cross above the $6,300 barrier, but the cryptocurrency is still down about 4% for the week. Bitcoin dominance still remains steady at 54.1 percent. Ethereum also has slightly stabilized and hovers slightly above $200, but is still down roughly 11% for the week. Currently, the total market capitalization stands at $202.8 billion. (RS)

2 days ago

Mastercard's Blockchain Aspirations Grow as the Company has another Patent Approved

Last week Mastercard was granted a patent for a blockchain partition system that is capable of storing multiple transaction types and formats. The system would allow the user to receive and store data from “a plurality of subnets”. This means the network could gather and accept information from various computing devices regardless of size and format. Mastercard initially filed for this patent in July 2016 and currently, the company has 80 patent filings that are connected to blockchain technology. It should be noted that securing patents for a technology does not necessarily mean the product or technology will be immediately developed. In 2016 Bank of America chief operations and technology officer, Catherine Bessant said having blockchain patents “is very important” as companies must “reserve our spot even before we know what the commercial application might be.” (RS)

2 days ago

Google Privacy Flaw Opens the Door for the Brave Browser and Basic Attention Token (BAT)

The recent data breach that affected Google plus users has reignited criticisms of the search giant and their methods of collecting private user information. According to Johns Hopkins University professor Matthew Green, Google is breaching trust in its use of Chrome, and this could be setting the Brave browser up for wider adoption. Brave is an open source internet browser that specializes in privacy and integrates the Basic Attention Token (BAT) in its advertising and revenue generating model. As concerns for privacy continue to grow, look for projects like Brave to increase in prominence. (JF)

3 days ago

Artificial Intelligence (AI) Gains Popularity as Bitcoin Declines

Bitcoin has plunged by approximated 70% from its all-time high of $20,000 to trade at around $6,300. This decline has seen the online hype associated with the digital asset fade. AI, machine learning, and how the technologies would revolutionize the world is now the buzz all over the internet. AI is a concept in which devices are independent with regards to coming up with new ideas and processing them. Machine learning involves machines that are programmed to adapt to new data and data analytics. While AI is still far from being achieved, machine learning is quietly changing the world. Examples include its use in autonomous cars and Google’s ‘smart’ ads. (KE)

3 days ago

Crypto Investor Sentiment Improved in September: Huobi Research

Despite the downturn in cryptocurrency prices this year, investor sentiment showed signs of improvement last month. According to Huobi Research data cited in CCN, the investor sentiment index improved by slightly more than 2% in September versus August levels to a reading of 71.1 out of a possible 100. Based on the results, the increase was stronger for the medium-term outlook but the short-term expectation showed improvement as well. Huobi polled hundreds of individual and institutional investors from around the world. (GT)

4 days ago

Gemini Targets Institutional Investors With Omniex Partnership

Cryptocurrency exchange led by the Winklevoss twins, Gemini has announced a partnership with Omniex to target institutional investors. Gemini will make use of Omniex's execution management system that is deployed in the NY5 data center of Equinix. Through the partnership, Gemini will be able to meet the high demands of institutional investors as Omniex is built for it. Also, Omniex is connected to several large crypto liquidity venues, including over-the-counter market makers and leading exchanges across the globe. (VS)

4 days ago

Ethereum Classic Labs Will Invest In 20-24 Startups per Year

Ethereum Classic Labs, the investment wing of Ethereum Classic intends to back anywhere between 20-24 startups every year. The incubator has already launched with 6 projects, that were chosen from a pool of 120 applicants. Without revealing the names of the companies, Elizabeth Kukka, Program Director at ETC Labs said they're working with a blockchain platform for scientific research, a decentralized IoT platform for data in real time, and a VR/AR collectibles app. Ethereum Classic (ETC) is priced at $9.52, losing 2.92% in the last 24 hours. (VS)

4 days ago

Blockchain and AI Push Worldwide Semiconductor Sector Sales to More Than $40 B

The data of World Semiconductor Trade Statistics show that the sales of semiconductors globally were $40.1B in August, a 14.9% increase from 2017's $34.9B. The global sales of July were reported as $39.49 B. A report by Accenture shows that firms that had integrated the Blockchain and AI in the sector made huge profits. Stratistics MRC data shows that more companies intend to embrace blockchain. However, the trade war between the US and China could instigate volatility in the semiconductor industry. (KE)

4 days ago

Blockfolio Raises $11.5M During Series A Financing Round

Blockfolio, the popular Bitcoin and cryptocurrency portfolio management app, recently announced the completion of its Series A financing round in which it raised $11.5 million. The round was led by Pantera Capital and numerous other big names in the crypto space including Bitmex, Huobi, Danhua VC, DCM Ventures, Nirvana Capital and Block72. Blockfolio plans to use the funds raised to help expand their global reach and continue being a leader in the blockchain space by providing quality data and information for free. (JF)

5 days ago

New Kind of Network (NKN) Partners with Portal Network to Establish the NKN Name Service

New Kind of Network (NKN), the United States-based decentralized data relay network, recently announced its new partnership with Portal Network that will see Portal Network help create a domain name service for the upcoming NKN blockchain. The NKN project is working on creating a decentralized networking protocol that enables the trading of unused bandwidth and the direct exchange of data between applications, all without central servers. Some big partnerships of note include agreements with NEO and Ontology, so this may be a project worth keeping an eye on as it develops. (JF)

5 days ago

Active Customers On Coinbase Is Down By 80% In 2018

After Bitcoin fell from its peak of $20,000 in late 2017, trading has also gone down significantly. According to data collected by fintech-focused venture firm Tribe Capital, US customers buying and selling cryptocurrencies on Coinbase has fallen down by 80% from December 2017. Transaction volume has also fallen down by 70% from $24 Billion in Q4 2017 to just $7 Billion in Q3 2018. While the actual result is not comprehensive, it still shows the market trend. However, Coinbase raised $500 Million from Tiger Global last week with a valuation of $8 Billion. (VS)

5 days ago

Cryptocurrency Theft Rises to $927 Million in the First Nine Months of 2018

A recent research report by cybersecurity firm, CipherTrace found that cryptocurrency thefts rose significantly in 2018. To date, $927 million was stolen in the first 9-months of 2018 and this is a 250 percent increase from 2017. The report focuses primarily on criminal activity and money laundering and data showed that thefts in the $20 to $60 million range increased to $173 million in the third quarter of 2018. CipherTrace Group CEO Dave Jevans said that “regulators are still a couple of years behind” and that there are “only a few countries that have really applied strong anti-money laundering laws.” Jevans also pointed out that a number of cryptocurrency exchanges are complicit in money laundering and without saying any specific names, Jevans indicated that more than $2.5 billion worth of BTC had been laundered since 2009. (RS)

5 days ago

Blockchain Gaming could be a $2 Billion Market

The future of video gaming will be driven by microtransactions and this presents an amazing opportunity for blockchain technology and crypto startups. Blockchain-based gaming is a developing sector and data shows that the global blockchain technology market is expected to reach $339.5 million in 2018. The market is forecast to surpass $2.3 billion by 2021. Meanwhile, the gaming industry has a virtual item market worth $70 billion and only 2.5 percent of the more than 2 billion gamers currently pay for virtual goods. The developers of Fortnite are currently earning more than $1.5 million per day from microtransactions and this is revenue from just one free game. When blockchain technology extends to gaming, an ecosystem where players can exchange multiple tokens and listed cryptocurrencies for virtual items will be created and the earning potential will be nearly limitless. (RS)

5 days ago

Blockchain to Transform the Mining Sector

Blythe Masters, the CEO for Digital Asset Holdings, told guests at the London Metal Exchange annual dinner that blockchain is coming to commodity markets. In her speech, Blythe stated that the blockchain technology offers increased confidentiality, less paperwork, better provenance, and enhanced productivity. According to Masters, the current supply chain in the metals and mining industry is complex and ineffective. She added that the antiquated system allows for significant data omissions, security breaches, and corruption. She said the incorporation of blockchain would facilitate the tracking of precious metals and exchange of critical trade documents securely. (KE)

5 days ago

Blockchain Startups Raise $20 Billion via ICOs over the Past 21 Months

Initial coin offerings (ICOs) have attracted $20 billion to their coffers since the beginning of 2017, according to Autonomous Research data cited in Cointelegraph. In recent months, however, ICO fundraising tallies have been on the decline. Nonetheless, the 21-month total surpasses 2016 results by $18 billion. Year-to-date, ICOs have raised $12 billion, with nearly 50% of that amount coming from blockbuster deals by EOS and Telegram. (GT)

6 days ago

20% of Hedge Funds Launched in 2018 are Crypto-Based

Data from market intelligence provider, Crypto Fund Research (CFR) shows that 20 percent of all hedge funds launched in 2018 are cryptocurrency-based. The report indicates that 90 cryptocurrency hedge funds launched in 2018 and by year-end, the number will rise to 120. Cumulatively, roughly 600 hedge funds are slated to launch this year and two-thirds of all operational crypto-hedge funds were opened in the “last seven quarters.” An interesting point to note is that these funds have launched during a prolonged bear market and researchers at CFR believe that while the current growth rate is not sustainable, “there are currently few signs of a significant slowdown.” (RS)

6 days ago

Goldman Small Cap Publishes Research On AR Startup Lampix And Its PIX Token

The Goldman Small Cap Research team has published an analysis of Blockchain startup Lampix and Its PIX Token. Lampix is an augmented reality (AR) startup that uses blockchain for sourcing data to recognise and react to the world. Lampic has a market cap of just $1.6 Million. However, Goldman expects it to go up by 1,000% to $17.8 Million in 2020. Lampix (PIX) is currently priced at $0.01195, losing 0.29% in the last 24 hours. (VS)

6 days ago

Lackluster Volume Pulls Bitcoin well Below $6,600 and Roger Ver Announces that Shoppers will soon be able to use BCH at Walmart and Home Depot

The State Of The Market — October 10, 2018 BTC: $6,566.22 (-0.75%) ETH: $225.95 (-0.48%) XRP: $0.466 (-1.89%) Since forming a double top near $6,730, Bitcoin has consistently posted lower highs and yesterday the cryptocurrency dropped all the way to $6,513. Bitcoin and Ethereum continue to suffer from decreasing purchasing volume and the situation is unlikely to reverse until this issue is resolved. Furthermore, a somber report by Juniper Research suggests that the crypto slaughter is far from over and FundStrat Head of Research Robert Sluymer, advises that right now is not the time to purchase Bitcoin. In other news, shoppers at Walmart and Home Depot might be able to pay for their goods using Bitcoin Cash and Pundi X unveiled a blockchain-powered phone that transmits data via a fully decentralized blockchain network. 1) In a recent interview with CryptoGlobe, Roger Ver, the CEO of Bitcoin.com revealed that users of the Bitcoin.com wallet would soon be able to spend Bitcoin Cash (BCH) at outlets such Walmart, Walgreens, Home Depot, and Safeway. He said that he intends to introduce this functionality before the end of the year and that its users would get a 1% discount every time they shopped. Roger also stated that Bitcoin.com plans to integrate privacy features onto its wallet thus preventing transaction analytics. 2) According to Reuters, The United Arab Emirates intends to officially introduce initial coin offerings (ICOs) and to set forth a fully-fledged regulatory framework in 2019. The ICOs will work as alternatives for companies to raise money. Obaid Said al-Zaabi, Chief Executive at the Securities and Commodities Authority in the UAE, said: “The board of the Emirates Securities & Commodities Authority has approved considering ICOs as securities. As per our plan, we should have regulations on the ground in the first half of 2019.” Furthermore, the EMSCA is reportedly drafting up said regulations with international advisers as well as with the Dubai and Abu Dhabi stock markets. 3) The US Patent office has awarded Mastercard with a cryptocurrency related patent that points to the ability to store different types of transactions on a single blockchain. The patent states, “There is a need for a technological solution to provide a partitioned blockchain that is capable of storing multiple transaction formats and types in a single blockchain.” According to the patent, the partitions, or “subnets,” would hold different transaction types allowing one blockchain to receive information about different transaction types from different sources, creating a more robust blockchain with greater utility. (RS)

6 days ago

Pundi X Launches a Blockchain-based Phone

Pundi X, a global developer of blockchain-based devices, has developed a blockchain-powered phone. Users will now use a decentralized blockchain network in sending messages, transmitting data, and making calls. Function X powers the newly launched mobile phone, XPhone. Using blockchain nodes users can now make phone calls and send messages, therefore, eliminating the need for phone numbers. Zac Cheah, the CEO of Pundi X, has said the XPhone is capable of establishing a big pool of nodes which could be harnessed to assist in achieving scalability and decentralization in the blockchain ecosystem. (KE)

6 days ago

Blockchain Can Make Self-Driving Cars Safe

2016 estimates revealed that there would be 10 million autonomous vehicles by 2020. While tech companies work tirelessly to achieve this, the general public is concerned about safety. Mary Barra, CEO of General Motors said that communication between the cars is crucial to creating an efficient autonomous vehicle (AV) ecosystem. However, the data shared by AVs would be a target of hackers as it would contain sensitive information. Therefore, Incorporating blockchain technology to these vehicles will keep hackers out as the AV system will be hack proof. It will also offer fast data transfer speeds needed in the AV ecosystem. (KE)

6 days ago

Crypto Exchange ShapeShift Makes CNBC's Upstart 100 List of Promising Startups

CNBC has unveiled its Upstart 100 list of promising startups to keep an eye on, and a cryptocurrency exchange has made the list. Zug, Switzerland-based ShapeShift is featured on the list and is among 100 companies selected out of a possible 500 candidates. The startups had to show promise for “building brands” and “breaking barriers” for the future. Other sectors that are represented on the list include enterprise software, healthcare and retail, although ShapeShift appears to be the only blockchain startup on the list. ShapeShift also recently unveiled its CoinCap platform for crypto market data with what exchange CEO Erik Voorhees described as having "highly reliable and robust API data." (GT)

7 days ago

Russia’s State-Owned Sberbank Inks a Deal with Power Company Rosseti for Blockchain Push

Russia’s state-owned Sberbank has partnered with energy giant Rosseti for a distributed ledger technology (DLT) initiative that includes the blockchain. The companies may represent different sectors of the economy, but they are both interested in nurturing blockchain innovation in Russia. According to the press release, the companies are looking to transform Rosetti into a high-tech power play. Sberbank officials will also act as consultants to energy firm Rosseti on delivering greater efficiencies to its power system. In doing so, Russia’s biggest bank will share its research on the blockchain, artificial intelligence (AI), Big Data and more. (GT)

7 days ago

Shapeshift Rolls Out an Upgrade of its Crypto Price Tracker Coin.Cap.io

Shapeshift has rolled out an upgrade of its crypto price tracker and aggregator CoinCap. The upgrade has improved functionality, simplified user design, and increased transparency to ensure real-time crypto data. This aggregator eliminates the need to keep several tabs of various trading platforms to monitor their data. The platform tracks data of over 1200 digital assets and tokens and collaborates data of 67 leading crypto exchanges. (KE)

7 days ago

Miners Use Spy Mining to Earn Fortunes by Generating Empty Blocks

According to Decrypt Media, some mining pools are using spy mining to obtain hashing fees in a morally wrong manner. Bitcoin’s blocks have a data limit of 1MB while those of Bitcoin Cash have 32MB. However, it is not mandatory to fill this space up before moving on to the next block. Spy mining uses this advantage to create new blocks without adding any transactions to the previous blocks. Decrypt revealed that Etherdig has made more than $850,000 using spy mining. F2Pool also uses this mining method. BitMEX alleges that 1.8% of Antpool-generated blocks were empty. (KE)

7 days ago

Multiverse will Offer a Blockchain-Based Online Gaming Experience

Enjin is exploring blockchain technology to change the online gaming world through its project Multiverse. Multiverse will allow players to navigate various gaming worlds with the use of the same gaming characters. Multiverse has copied the idea of Ready Player One Movie which involves the use of the same players in different gaming worlds. With Multiverse, instead of storing a game's data in centralised servers, it will be stored on the blockchain. Multiverse will ensure gamers encounter an exciting gaming experience by having characters with infinite lives that move across various gaming worlds. (KE)

7 days ago

Australia's Anti-Privacy Bill Creates Crisis for Privacy-Centric DApps

In Australia, the Assistance and Access’ bill is calling for a software “backdoor” to encrypted data that allows government authorities to access it on demand. Obviously, this bill would cause a bit of a crisis for privacy focused dApps if passed, which has many blockchain enthusiasts objecting to the bill. As it stands right now, there are more questions than there are answers as to how this bill would affect privacy focused blockchains and dApps, which has prompted numerous large tech companies from around the world to submit a four page notice to the Australian AG opposing the proposed bill. (JF)

8 days ago

SF Blockchain Week: Oasis Labs Unveils Deal with Binance, Andreessen Horowitz’s a16z Crypto, Pantera Capital and Others

Oasis Labs was featured as the opening keynote at SF Blockchain Week today, announcing it has inked a new privacy-fueled partnership with leading crypto funds a16z Crypto, the $300 million crypto fund launched by Andreessen Horowitz, Binance, Accel, Pantera Capital and Polychain Capital. The new venture, dubbed Oasis Hub, is for developers and it’s designed to “accelerate privacy-first computing on the blockchain,” according to the announcement. Oasis Labs is behind a blockchain-fueled “privacy-first cloud computing platform," and CEO Dr. Dawn Song said in a statement: “We've seen strong interest in our private testnet from companies and developers who want to build scalable applications that protect user data and put privacy first--and are constrained by existing platforms.” Developers can join the Oasis Hub by submitting an application. (GT)

8 days ago

Bitfinex Obtains a Banking Partnership with HSBC and Binance Announces it will Donate Listing Fees to Charity

The State Of The Market — October 8, 2018 BTC: $6,637.58 (1.03%) ETH: $228.53 (2.27%) XRP: $0.491 (3.25%) The Cryptocurrency market appears to be warming up after a very slow weekend. Today Bitcoin moved above the $6,600 resistance and at the moment BTC is attempting to overtake $6,700. Most cryptocurrencies have gained roughly 2 to 5 percent and Ethereum managed to break above the $225 resistance to briefly re-test $235. In other news, TRON (TRX) leapt 12% as Justin Sun announced the Virtual Machine launch and the Emirate of Dubai has partnered with PundiX to further facilitate cryptocurrency payments. 1) Larry Cermak, head analyst at The Block, recently reported that Bitfinex obtained a banking partnership with HSBC. According to Cermak, “Bitfinex is now banking with HSBC through a private account of Global Trading Solutions.” Cermak also mentioned that “All EUR, JPY and GBP deposits are paused but Bitfinex expects the situation to normalize within a week.” The announcement of the partnership is well timed and to the benefit of Bitfinex as recent news of Noble Bank filing for bankruptcy called Bitfinex’s solvency into question. Furthermore, an HSBC partnership would be the first ‘proper’ banking partner that Bitfinex has had since breaking ties with Wells Fargo in 2017. 2) In an official blog post, Binance has announced that it will donate the listing fees of new projects to charity. Additionally, the projects that want to be featured in the trading platform will now set their price to appear on the trading platform. To ensure transparency, Binance plans to disclose the project’s listing fees to the Binance Charity Foundation. However, Binance CEO Changpeng Zhao, warns that “A large donation does not guarantee or in any way influence the outcome of our listing review process.” 3) IBM Food Trust, a blockchain network for supply chain tracking, is now commercially available for companies to use. The network spent the last 18 months in various pilot phases as a number of retailers and suppliers trialed the system. Carrefour will be the first major retailer to utilize IBM Food Trust across 12,000 stores in 33 countries. Initially, the system will be used to track Carrefour’s private label products. Walmart also recently announced that it will use IBM Food Trust to capture traceability data from its fruit and vegetable suppliers. (RS)

8 days ago

IBM's Food Trust Blockchain Network Is Now Live

IBM's blockchain network for food supply chain, IBM Food Trust is now commercially available for companies to use. It was in a testing phase for 18 months, with retailers and suppliers using the system. Its first user will be Carrefour, which will use IBM Food Trust across 12,000 stores in 33 countries. Initially, it will be used to track its private label products. Recently, Walmart also announced that it will use IBM Food Trust to capture traceability data from its leafy green suppliers. (VS)

8 days ago

The Security Sector is Embracing Blockchain

The need to ensure the security of essential data such as the data related to enforcement and defence is prompting several governments to embrace DLT in these sectors. The securities regulator in Israel is, therefore, reportedly working on a blockchain-based messaging system to authenticate communications in a bid to ensure data protection. This nascent technology also enables the tracking of illicit financial activities. The UK, Australia, and Russia also have a messaging system that is based on the blockchain. (KE)

8 days ago

Real Estate Giant Colliers International Joins Stellar Network

Colliers International, a Global Real Estate giant with offices in over 69 countries has announced a partnership with Smartlands. Smartlands is a stellar-based project that is designed to tokenize real estate and crowdfund them globally. Using Stellar smart contracts, it can also execute sensitive data like auditing, due diligence, and other procedures. Colliers is one of the largest outsourcing companies in the world, managing assets worth more than $20 Billion. Stellar (XLM) is priced at $0.23925, losing 2.16% in the last 24 hours. (VS)

9 days ago

Empty Blocks On Ethereum’s Blockchain Swell by 637% Before Launch of Constantinople

The usage measures of Ethereum over the past three months have indicated a sharp rise in the number of empty blocks on the network. Per Alex Svanevik, the chief data scientist at CoinFi, spy mining is responsible for the increase in empty blocks as the overall block use, the number of blocks processed a day, and the average time between blocks are stable. Spy mining rewards miners using it even if they do not handle any transactions. After an intensive search, two miner pools were found to be responsible for producing empty blocks. They are F2Pool and Etherdig. (KE)

9 days ago

XRP Dumps 10.04% on the Day

According to data from Investing.com, Ripple (XRP) was trading at $0.47678 by 2:06 AM UTC losing 10.04% in 24 hours. This figure made it the most significant one-day percentage drop since October 2. The plunge saw XRP’s market cap dwindle to $18.92 billion. At its highest, Ripple's market cap reached $79.53 billion. Over the past week, XRP has shed 18.74% of its value. Over the last 24 hours, XRP had a trading volume of $720.72 M while its 7-day trading range was $0.46909 to $0.60468. As at 7:25 AM UTC, the XRP/USD pair was trading at $0.47364. (KE)

9 days ago

ETH News: Vitalik Buterin Intends to Leave Ethereum, Says the Network Can Operate Without His Input

Ethereum’s founder, Vitalik Buterin, during a debate on Twitter, said the blockchain network could run without his contributions. Vitalik tweeted that he has begun detaching himself from Ethereum. According to him, experts such as @dannyryan, @drakefjustin, and @icebearhww among others are conducting a lot of research to ensure the platform runs smoothly after his departure. However, Vitalik did not reveal the official date for leaving the firm. In related news, Ethereum's Developers have postponed the testing for Constantinople. As at 6:02 PM UTC, ETH was trading at $225.72, according to CoinMarketCap data (KE)

9 days ago

ChainLink (LINK) Launches its First 5 Oracles

The Chainlink (LINK) team recently announced that its network is now fully functional and that its first 5 oracles are officially live and working on Ethereum’s Ropsten and Rinkeby test network. The Chainlink project is a network for decentralized data sourcing and has partnered with the SWIFT international financial network as well as with Cornell University’s IC3 blockchain program. The current oracles (external data sources) track cryptocurrency price, flight data and shipping data. Chainlink has future plans to extend its network to both the bitcoin and HyperLedger platforms. (JF)

10 days ago

Binance Crypto Traders Pump DigixDAO (DGD) Price by 25%

According to a report published by Nulltx, the price of DigixDAO (DGD) surged by 25% in the past 24 hours to trade at $48.6. The increase was noted across the USD, ETH and BTC markets. Data show that about 82% of the trades originated from the Binance cryptocurrency exchange. The coin, which is ranked #70 on CoinMarketCap, was listed as the top gainer on Binance. (SK)

10 days ago

Elastic (ESTC) Winds up 94% on NYSE Trading Launch

Elastic (ESTC) shares commercialize open-source software for search and data analytics. They finished up 94% on the Company’s NYSE premiere on Friday even though the S&P 500 closed down 1.7% in the same session. Elastic managed to raise $252 million in an IPO that saw the firm sell 7 million ordinary shares of its stock. The company had initially set the token price range at $26-29 per share. However, it revised the price range last month and priced it at $33-36 per share. The share price surged by approximately 106%, and ESTC closed at $70 per share. (KE)

10 days ago

Chilean Legislators Present Blockchain Resolution to Parliament

On Thursday, October 4, two Chilean MPs suggested a blockchain adoption resolution. The Camara de Diputados, the lower house of the country’s parliament, is currently reviewing the plan. The MPs, namely Angel Calisto and Giorgio Jackson, introduced the drafted resolution hoping to enact a blockchain ecosystem in Chile. Calisto said that the blockchain tech could be used to increase transparency and trust in the activities of government and parastatal entities. Jackson added that 'the resolution aims to enhance cybersecurity standards and reduce bureaucracy in public services.' He said that incorporating blockchain data sharing solutions would save the country a lot of money. (KE)

10 days ago

Criminals Selling Data from Facebook’s Worst Hack in History for BTC and BCH

In recent days, hackers gained access to tens of millions of Facebook accounts, ultimately delivering the stolen data to the dark web where they’re looking to sell it for a profit. The criminals are reportedly accepting cryptocurrencies as a payment method, including bitcoin and Bitcoin Cash. The price tag on a Facebook account is in the range of $3-$12. Live Bitcoin News points out that Monero boasts more privacy features, and it’s surprising that XMR is not the hackers’ payment method of choice. (GT)

11 days ago

Lithuania Report Identifies European Banks in Crypto-to-Fiat Transaction Probe

Lithuania’s financial intelligence unit has investigated crypto-to-fiat transactions that unfolded at European banks over the past couple of years. Several European banks were identified in the report, including but not limited to Danske Bank and Swedbank, according to Bitcoin.com. Clients of the banks traded crypto “worth millions of euro”, and the regulator, which is dubbed the Financial Crime Investigation Service, is probing those transactions seemingly for tax purposes, as Lithuanian locals are included among the bank customers. The data captures the crypto transactions of both individuals and corporations. (GT)

11 days ago

æternity and DSTOQ Collaborate to Offer Security Tokens

The blockchain 3.0 platform, æternity, has announced a new partnership with DSTOQ, a licensed decentralised stock exchange used for trading security tokens. The partnership will allow for the integration of æternity's oracles into the DSTOQ platform. The collaboration aims at breaking barriers present in the trading of tokenised tokens by allowing enterprises to monitor financial data efficiently. æternity's oracles facilitate easy recording and tracking of information on real-world assets. The vision will be achieved by giving individuals access to real-world data which will allow them to make informed financial decisions. (SK)

11 days ago

The French Data Protection Agency Fails to Provide Clarity on EU’s GDPR

The European Union recently released the General Data Protection Regulation (GDPR). The regulators now face a hard task of implementing the recommendations contained in the guideline. EU proposed that all enterprises must honor their clients’ requests to delete their personal data from any blockchain. However, data cannot be deleted from the blockchain network. Although the Commission Nationale de l’informatique et des Libertés (CNIL), the French data protection agency, recently weighed in on the recommendations, it failed to provide solutions on how blockchain and GDPR will co-exist. (SK)

11 days ago

Samsung and Nvidia Manage to Make Record Profits Even as Crypto Mining Slows Down

Samsung forecasts a fruitful fourth quarter in spite of the cryptocurrency bear market negatively impacting demand for ASIC and GPU graphics cards. The Financial Times of London predicts that the prices for Dynamic Random Access Memory (DRAM) and other graphics card components have peaked. Samsung and graphics card manufacturer, Nvidia, intend to scale back production of these components even though they are still managed to accrue record profits in 2018. Nvidia how now shifted its focus toward “modified graphics chips” for data centers that use artificial intelligence (AI) for voice and facial recognition. (RS)

11 days ago

7 Russians Charged By DoJ For Hacks Funded By Bitcoin

Seven officers from Main Intelligence Directorate (GRU) of Russia have been charged by the U.S. Department of Justice (DoJ) for funding hacking attacks globally using cryptocurrencies. GRU is the military intelligence agency of the Armed Forces of the Russian Federation. Dating back as early as 2014, the group used Bitcoin to launder money and purchase infrastructure for their hacks. Additionally, the defendants mined Bitcoin to generate money for their hacks. The group conspired to steal data from 250 athletes and anti-doping agencies across the world after Russia was banned from the 2018 Olympics for its state-sponsored doping program. (VS)

11 days ago

Blockchain Firm Seeks to Disrupt Derivatives Trading

Level01 is a P2P trading platform that provides users with non-custodial and AI analytics-driven exchange for the booming derivatives market. It aims to revolutionize the market by addressing issues such as price manipulation, centralization, and hidden fees. Through Level01, traders can make P2P transactions thus cutting costs. Its users will be able to trade derivatives and options in forex, cryptocurrencies, commodities, stocks, and indices without intermediaries. The platform will offer users with efficient price discovery and good price analytics by incorporating machine learning technology. The firm has partnered with Thomson Reuters which will provide accurate market data via its API. (KE)

11 days ago

BlackBerry's Blockchain Tools to Increase Security in the Healthy Industry

In today's press release, BlackBerry announced that it will be exploring blockchain technology to improve data security in the health industry. BlackBerry's blockchain tool, which is powered by the company's network operation center, focuses on facilitating secure storage and medical data transfer. The blockchain tool will be offered to the Global Foundation to help them in speeding diagnoses of patients. The company has also rolled out QNX OS for Medical 2.0, an operating system that will aid in surgical instruments development. (SK)

12 days ago


News courtesy of berminal.com
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