Streamr DATAcoin DATA

$0.0179
Market Cap $ 12.140 MM (#209)
24h Volume $ 803.764 K
Chg. 24h: 2.44%
Algo. score 3.3/5  (#316)
Show Quick Stats

Streamr DATAcoin News

Nolan Bauerle from @coindesk, talking about Cryptoeconomics ...

Nolan Bauerle from @coindesk, talking about Cryptoeconomics and Data Metrics for the Next Market Cycle on… https://t.co/iZ8sn6upfc

5 hours ago

CZ Claims Substratum Was Delisted For Day-Trading ICO Funds

Last week, cryptocurrency exchange Binance announced that it was delisting Substratum (SUB) among other coins for 'failing to deliver.' The official Substratum account tweeted that they were not informed about the delisting, and claimed that they've been actively developing the project. When Substratum’s CIO Abram Cookson also criticized the exchange, Binance CEO Changpeng Zhao (CZ) hit back that they should not have traded with the funds intended for product development. To this, Cookson replied that it never happened and they're ready to hand over their data to prove it. Its not clear if Substratum actually used the ICO funds to trade and if Binance would give them a second chance. Substratum (SUB) is priced at $0.023185, losing 6.79% in the last 24 hours. (VS)

8 hours ago

More Than 30% of BTC Traffic Stems from the Veriblock Project

Over the last few weeks, a blockchain project called Veriblock whose protocol piggybacks off the Bitcoin Core (BTC) network has sparked debate. More than a quarter of BTC’s transaction numbers stem from the Veriblock system and the project has been criticized for using the blockchain in this manner. Also Read: Orca Pool Mining Operation Aims to Defend Altcoins and Forks From Attacks The Veriblock Chain Is Paying for a Lot of BTC Block Space Most people are unaware that about a quarter of the BTC chain’s daily transactions are due to another project called Veriblock. The Veriblock chain utilizes a system called proof-of-proof (PoP) and the ‘proof’ stems from the security of the BTC chain. Essentially, Veriblock aims to provide alternative blockchain security by immersing a snapshot of the altcoin’s ledger into the BTC chain. Veriblock uses OP return transactions and other methods to embed the blockchain’s state data in an “SP blockchain transaction.” Last month BTC developer and Casa CTO Jameson Lopp noticed that Veriblock was dominating the number of BTC-based OP return transactions. “Source of the now-highest volume of OP_RETURN outputs has been identified as Veriblock “proof of proof” miners,” explained Lopp. “They are creating around 20% of all BTC transactions now.” Jameson Lopp noticed the Veriblock transactions last December. According to statistics published this week, Veriblock captures more than 30-45 percent of transactions on a good day. The project is still in testnet mode and has only recently caught the attention of cryptocurrency enthusiasts. A few other BTC community members have called the project “garbage” and complained about Veriblock spamming the network. As usual, there are various subjective valuations on whether or not some transaction use cases are spam. Most people understand, though, that the network is permissionless by nature and it really doesn’t matter as long as users pay for the block space. Veriblock believes other blockchains will be enticed by the PoP system because it gives them the ability to leverage BTC’s security and reputation. “As a result, the reinforced security provided by PoP will encourage further adoption of these alternative blockchains,” Veriblock’s website details. “The transition of transactions from Bitcoin to alternative blockchains will also facilitate Bitcoin scaling, while continuing to drive value back to Bitcoin miners.” Veriblock testnet statistics. Piggyback Projects Believe the Well-Established First Layer Adds More Security to the Second Chain Because Veriblock piggybacks off of BTC’s security, the project can offer this safety net to alternative networks. Veriblock’s site says this enables early attack detection, protection against sustained 51 percent attacks and double-spend attack prevention. Veriblock is operated by CTO Maxwell Sanchez and CEO Justin Fisher and backed by former Bitcoin developer Jeff Garzik who acts as technical advisor. BTC confirmed transactions per day. Veriblock is not the only project using the BTC chain for leverage as there have been other networks using the chain in a variety of ways. Omni Layer, the network that issues the stablecoin tether (USDT), uses OP_return transactions. Counterparty used a process called proof-of-burn (PoB) and other projects like Namecoin use merge mining. Another project using merge mining is the RSK network and the protocol is currently capturing 45 percent of BTC’s network hashrate. Some BTC proponents dislike the merge mining process as well as other types of sidechain projects like Drivechain, because a few crypto community members are extremely paranoid about giving miners too much power. Veriblock is just another example of a chain using BTC’s established blockchain in order to add more value to what it produces. And because the cryptocurrency’s network is permissionless, people’s opinions on certain projects being “spam” or “inefficient” is little more than internet chatter. What do you think about the Veriblock chain using 30-45 percent of BTC transactions? Let us know what you think about this subject in the comments section below. Image credits: Shutterstock, Veriblock, Twitter, and Blockchain.com. Want to create your own secure cold storage paper wallet? Check our tools section. The post More Than 30% of BTC Traffic Stems from the Veriblock Project appeared first on Bitcoin News.

9 hours ago

The Ultimate Cryptonator Wallet Review

About Cryptonator Cryptonator is an all-in-one service, that features a crypto wallet as well as an exchange platform. Users are able to send cryptocurrency directly to another wallet address or merchandise without requiring third party involvement. The cryptocurrency wallet uses encryption to secure user data, however, you do not retain full control of your private […]

9 hours ago

Facebook grows blockchain team as it looks to onboard 13 new staff

Facebook is now advertising for 13 blockchain-related jobs, its careers site shows; nearly double as many as in December. At the end of 2018, the social media empire’s blockchain team stood at 32 personnel according to a LinkedIn search, having publicly launched in May. Recent adverts for a technical ‘Marketplace Payments Blockchain’ role (which is no longer accepting applications) could add further weight to speculation that Facebook is creating a stablecoin for WhatsApp transfers in India. Another ongoing vacancy for a ‘Brand Strategy’ manager might also suggest that the company is ramping up for a pending launch date, with such hires typically corresponding with the end of a product’s technical development phase. Still, the company has been tight lipped about the full nature of its blockchain tech ambitions for its two billion users, and its plan remain unconfirmed. Several listings, including a Data Scientist role, that appeared in December are still open, although all positions, bar one, were removed from the site temporarily over Christmas. The post Facebook grows blockchain team as it looks to onboard 13 new staff appeared first on The Block.

9 hours ago

Maker's MKR Token Has Risen 37% This Month, Outperforming the Crypto Market

Ether-based token maker (MKR) has recently started outperforming the larger cryptoasset market - as MKR has recorded a 37% net gain so far this month. At present, MKR tokens are trading $529.31 and the market capitalization of the maker platform stands at $529.3 million - making it the 17th largest cryptoasset - according to data from CoinMarketCap. On February 14th, each MKR token was priced at 4.6 ETH, which is notably the token’s highest valuation since October 8th, 2018. At press time, MKR’s value has corrected back to approximately 4.16 ETH, presumably after some traders might have sold some of their holdings in order to make profits.

9 hours ago

ConsenSys-Backed Rhombus Reveals New Products for Ethereum Developers

Connecting blockchain with real-world data, Consensys-backed ethereum startup Rhombus announces exclusive new tools for developers at hackathon ETHDenver.

10 hours ago

How Technology Can Regulate Blockchain

All data on the blockchain is visible and unchangeable. That means that blockchain transactions can be monitored and analyzed by technology

11 hours ago

SEC pode fechar a BitMEX? EtherDelta corre riscos

Por: Livecoins A Comissão de Valores dos Estados Unidos, conhecida como SEC, está de olho em operações com criptomoedas para colocar suas garras em cima, com duas corretoras no radar do governo: BitMEX e EtherDelta. Caso BitMEX A BitMEX é de longe uma das maiores operações de criptomoedas, com opções de contratos futuros, modalidade utilizada por muitos traders. Além disso, a operação possui grande volume e uma entidade própria de pesquisa sobre o mercado cripto (BitMEX Research), logo é um ator importante do mercado de Bitcoin mundial e que se acaso sofrer algum problema pode dar uma abalada nos preços do ativo. Apesar de ter um passado de união com a comunidade cripto mundial, a BitMEX tem sido acusada por alguns de manipular os preços dentro da operação, prejudicando os clientes e favorecendo a plataforma. Isso é negado pelos administradores da plataforma. O problema não é somente esse, pois, a BitMEX vende produtos de derivativos, que são títulos. Outro fator de peso contra a operação é o fato da mesma não possuir o KYC (Conheça seu cliente) implementado, trazendo rumores de lavagem de dinheiro no local. Isso coloca a operação toda como um perfeito alvo para órgãos regulamentadores do ponto de vista legal, mesmo com a comunidade cripto adorando tais recursos. Outro detalhe técnico sobre a BitMEX é o fato de seu DNS estar ligado a empresas norte-americanas que provê tais serviços, podendo ser fechado facilmente caso o governo determine. Caso EtherDelta A SEC não tem gostado de ver exchanges descentralizadas em funcionamento, acusando os desenvolvedores de criar códigos que estão agindo contra a lei. Em um comunicado feito pela SEC em novembro de 2018, o tom foi de agressividade em relação às bolsas descentralizadas e ICOs, que estariam agindo contra a lei. A criptomoeda Paragon também é citada no caso. No último dia 12 de fevereiro a EFF (Fundação Fronteira Eletrônica), entidade sem fins lucrativos luta pela liberdade de expressão, disse que a ação da SEC contra a EtherDelta “levanta questões constitucionais”. A EFF, para ir contra a SEC, se baseia na Primeira Emenda dos EUA, visto que de acordo com a primeira lei da constituição do país é proibido limitar a liberdade de expressão. Mediante isso, na data foi enviada uma carta à SEC contra o processo que corre contra a EtherDelta desde novembro de 2018. Conclusão final Uma das maiores operações cripto em volume está totalmente vulnerável, podendo a BitMEX ser fechada a qualquer momento e abalar os preços do Bitcoin pelo mundo. Cabe o destaque que o FBI fechou o domínio 1broker.com a pedido da SEC, em setembro de 2018. No caso da EtherDelta, mesmo com o apoio público da EFF que é uma instituição de renome na luta pela liberdade, a exchange descentralizada corre riscos com a ação da SEC. Com a EtherDelta sendo fortemente processada pela SEC, uma eventual busca pela BitMEX pode ser também iniciada e com inúmeros precedentes, logo o mercado cripto acompanha esses casos de perto. O artigo SEC pode fechar a BitMEX? EtherDelta corre riscos foi publicado originalmente em Livecoins.

11 hours ago

The Difference Between Blockchain and IoT

The terms ‘Blockchain’ and ‘Internet of Things’ often appear side by side, though in order to understand the true implications of these technological revolutions, we need to actually understand what they are, and of course, how they can work together. The blockchain, as you probably know is a trustless and secured network that can automate a range of processes and can provide storage solutions. Cryptocurrency is a great example of a product that can exist on the blockchain, though the blockchain isn’t simply limited to finance, the blockchain can be used to facilitate a range of processes, from games to gambling and even audit trails. Internet of Things or IoT refers to a broader idea in that the internet is soon to evolve into a new phase. Traditionally, the internet has been a network, a network of connectivity that allows users to use computers as a portal to access data and information. IoT takes that one step further and refers to these computers and devices as being interconnected, things that work together and things that have a connection to the internet, and other technologies. Take a smartphone, for example, it allows us to not only use the internet but to also interact with it. It’s important then, to understand just how blockchain technology and IoT can work together. If they couldn’t, projects like IOTA wouldn’t exist. IoT can help the blockchain grow and indeed, blockchain technology can help improve the prospects of our growing IoT world. According to Jaxenter: “Blockchain on its own is just the technological backbone: enterprises need a way to connect to that technology in order to interact and get value from it. This means integrating the blockchain technology with the applications and platforms enterprises already use - such as Salesforce or SAP - to get access to the data in a format that it can use. Adding IoT technology, and using blockchain to share the data, will soon become as common for manufacturers as automated conveyor belts or basic process optimizations. The potential benefits are so broad, and the relative costs so low, that only a small portion of manufacturers would decide the technology is not worthwhile.” The blockchain should be seen as the skeleton and the muscle structure when IoT is the brain, the skin and the personality of the blockchain. Together, the two can help to change the world we live in.

12 hours ago

Ethereum & Ripple’s XRP Price: ETH With Bullish Setup Versus XRP Bearish Setup

Ethereum Daily During bullish price rises last week, Ethereum outperformed XRP to overtake it in terms of market cap and reclaim the position of the largest altcoin by market cap. The outperformance has continued this week with data from Messari showing the price of Ethereum increasing 5.09% over the past seven days whereas XRP has declined 1.21% over this period. We are also seeing a stark contrast in the price action patterns both cryptocurrencies are forming. Ethereum has been forming a bullish trend continuation pattern and testing resistance, whereas XRP has been forming a bearish trend continuation pattern. We are just seeing Ethereum break above its bullish trend continuation pattern today. Ethereum 4-hour Ethereum formed an ascending triangle pattern which consists of an upward trend line and a point of resistance. This pattern forming increases the likelihood that price can break above the resistance and continue to record price increases. After numerous tests during the week, price broke above today, but traders need to monitor whether price can close above. We are also seeing the 4-hour RSI and MACD increasing to reflect buyer momentum. The 4-hour MACD is crossing its signal line to the upside, which many consider to be a bullish signal. XRP Daily On the other hand, XRP has been trading within a triangle pattern on the daily timeframe. The lower part of the triangle connects higher lows from all the way back in August and the upper part of the triangle is steeper and connects lower highs from April. Given the steepness of the trendline at the top of the pattern compared to the trendline on the bottom, the pattern more closely resembles a bearish trend continuation pattern and increases the likelihood that price will drop going forward. Price has consolidated for much of this week with multiple Doji candles forming on the daily chart. A Doji candle is a candle where the open and the close are around the same point and typically reflects uncertainty from traders. XRP 4-Hour The shorter-term 4-hour timeframe shows that although price continues to trade within the longer term triangle pattern, it is currently trading close to some critical levels, which could be a key reason for the consolidation. $0.286 has been an important point of support and $0.31 has been an important point of both support and resistance. Key Takeaways: Ethereum continued to outperform XRP this week Ethereum formed a bullish trend continuation pattern whereas XRP forms a bearish trend continuation pattern Ethereum broke above key resistance after numerous tests during the week XRP has consolidated for much of the week as it trades closely between two levels DISCLAIMER: Investing or trading in digital assets, such as those featured here, is extremely speculative and carries substantial risk. This analysis should not be considered investment advice, use it for informational purposes only. Historical performance of the assets discussed is not indicative of future performance. Statements, analysis, and information on blokt and associated or linked sites do not necessarily match the opinion of blokt. This analysis should not be interpreted as advice to buy, sell or hold and should not be taken as an endorsement or recommendation of a particular asset. Ethereum & Ripple’s XRP Price: ETH With Bullish Setup Versus XRP Bearish Setup was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com.

15 hours ago

When Should We Expect Bitcoin To Fly?

If you’re a Bitcoin investor, you might be feeling a little impatient at the moment. Perhaps you’re wondering when you should buy next, when you should sell next, or, most importantly, when Bitcoin will fly next. If we go by the historical data, Bitcoin still does have the capacity to reach $20,000.00 again, though as we have seen through 2018, this is not going to happen organically. Bitcoin can’t gain forward momentum by itself anymore because fewer people are interested in the markets. On a mainstream level, interest in Bitcoin and cryptocurrencies has dropped, why? Because people aren’t making any big money off it anymore. We all know that in order for Bitcoin to fly, we need to see this interest peak, yet to see interest peak, we need to see money start coming into the markets, we need to see investors making money again. What will trigger this? Ideally, institutional investment, this should see major investment firms, banks and finance moguls investing in Bitcoin and in turn, telling people about it too. We need to see companies like Goldman Sachs investing a couple of million dollars into Bitcoin. When this happens, rivals will jump on board and in turn, so will retail investors and so will the mainstream population. If Bitcoin starts to move up slowly, and if the name of Bitcoin breaks into the headlines again, then ‘normal’ people will want to start investing, especially given that these ‘normal’ people only really know two things about Bitcoin; it hit $20,000.00 and then it dropped. When the general population see’s Bitcoin start to make way to £20,000.00, FOMO will kick in and investment will begin. When huge ways of investment fall in Bitcoin’s favour, there can only be one result, a bull run. Of course, such a bull run will, in turn, cause a mass sell-off that will bring the price of Bitcoin crashing back down, this is something investors can, of course, expect and plan for. In short, we can only expect Bitcoin to fly when something happens outside of the markets. As we have seen, Bitcoin is currently running on empty. It’s been this way for months, with hype down, Bitcoin can’t progress. Once that hype picks back up again however, we will be seeing a very different picture indeed.

16 hours ago

SWIFT Outperforming Ripple, Bitcoin ETF On The Way, JP Morgan Launches Own Coin, XRP Centralized, Coinmama Hacked, Nasdaq to Add BTC and ETH Indices to its Global Data Services: This Week In Crypto

This week, as usual, was full of activities, most of it focused on the future of cryptocurrencies and cryptocurrency adoption. Top among the stories were predictions on the future price of Bitcoin which have been mostly bullish. The market also experienced a slight relief for most cryptocurrencies and is still showing signs of a higher move. Here are the top stories for the week in case you missed any. Fundstrat 2019 report suggests cryptocurrencies will soar high Financial analysis firm Fundstrat has given cryptocurrency enthusiasts a ray of hope as their outlook report for the year 2019 shows cryptocurrencies will be seeing significant growth. The report highlighted a few indicators of a good market for the year, one of which the increasing disinterest in the U.S Dollar. Other indicators include the possible approval of ETFs and the launch of Bakkt in spite of the SEC’s role in slowing down the growth of the industry. This is one of several bullish predictions that point to a great future for the asset. Ripple Crypto exchange Coinmotion says XRP is not a cryptocurrency A cryptocurrency exchange that just listed XRP, Coinmotion says XRP is very centralized and cannot be considered as a cryptocurrency. Other reasons given by the Finland-based exchange are that the cryptocurrency is not based on a blockchain and is not mined. There have been several arguments about this and reports say that Ripple holds over 60% of the total XRP circulating supply, another reason why it is considered as a highly centralized token. Although Ripple CEO Brad Garlinghouse has tried to fight this argument, several overwhelming points have been raised on the subject by different entities in the space, making it hard to go away. Twitter Poll reveals most people think XRP is the second largest cryptocurrency There have been many arguments on which of ETH and XRP deserves to be the second largest cryptocurrency by market capitalization. Weiss Ratings set up a Twitter Poll on the subject and the result showed out of 1,833 respondents, 80% say XRP should be on the second spot while ETH has 20%. ETH recently took the second spot from XRP based on Coin Market Cap data. Some people (the 80%) believe the data is inaccurate as other websites such as Forbes show XRP market cap at $30 billion. Twitter Bot warns XRP holders to sell their assets A bot has been sending a series of warnings to XRP holders on Twitter to sell their XRP. the warning came as a result of a rumor the Ripple team will soon abandon the company to start a new project. The messages are believed to be sent from Twitter accounts controlled by some mischievous users. It, however, raises suspicion as the Ripple team already are facing accusations that they have inflated XRP market cap and so the price. A similar event was recorded in the past when a similar bot sent messages to Ripple followers encouraging them to buy XRP because the price was going up. Bakkt The long-awaited Bakkt launch has been postponed to later this year. According to information from the CEO of Intercontinental Exchange (ICE) Jeffrey Sprecher, the launch will no longer hold in April as scheduled but has been shifted to later in the year. Although no clear reason was given for the second postponement in the year, it may be due to inadequate preparation for the launch which may be expected in the last quarter of the year. 10 billion BTT sent to thousands of TRX accounts in airdrop Also within the week, Tron sent 10 billion BTT to thousands of TRX accounts in an airdrop for the new BitTorrent token BTT. mainly, Tron CEO Justin Sun stressed that the transactions were carried out in just four hours. This may be a message to the public on the performance of Tron’s platform as the CEO is known to always promote. The company is planning to distribute another 11.8 billion BTT in the coming months. Finance Guru Ric Edelman says Bitcoin ETF is On the Way A finance expert Ric Edelman At this year’s Inside ETFs Conference in Hollywood said a Bitcoin ETF is on the way. According to Edelman, SEC has legitimate concerns that are responsible for the delayed approval of ETF applications but an approval will soon be granted. He added that there are many serious players in the industry whose presence warrant an ETF and VanEck or Bitwise ETF should be approved soon. Nasdaq to add Bitcoin and Ethereum indices to its global data services American stock market and exchange operator Nasdaq has announced its intention to add Bitcoin and Ethereum indices to its global data services in the coming month. The indices Bitcoin Liquid Index (BLX) and the Ethereum Liquid Index (ELX) are to be added to the platform to provide real-time spot or reference rate for 1 BTC and 1 ETH respectively. Bitcoin Investors encouraged to buy Bitcoin before the bear market ends A Chinese Bitcoin bull and billionaire Zhao Dong has said the bear market is the perfect opportunity for intending investors to buy the cryptocurrency before it is too la

17 hours ago

Live From NEO DevCon: Top 5 New Features of NEO 3.0

In a packed conference room on a chilly day in Seattle, where NEO will be opening up their next NGD location, a community of blockchain enthusiasts, international media, and developers gathered together to hear about NEO’s upcoming plans-specifically, what’s going on with NEO 3.0-and when. The Goal of NEO 3.0 NEO co-founder, Erik Zhang, couldn’t attend the conference in person but delivered the details via video presentation. Perhaps that was a deliberate bid to avoid the foray of questions the intensely technical upgrades would almost certainly provoke. Zhang revealed the lofty goal of NEO 3.0-to enable large scale commercial applications. He said that although blockchain had been 10 years in the making: No blockchain is currently capable of supporting large scale communications applications And, no blockchain will-for the foreseeable future, anyway-the timeline for NEO 3.0 remains decidedly TBD. NEO 3.0 is meant to address NEO’s current issues with gas price, platform stability, and scalability, among other things. However, Zhang neglected to mention that to pull this off they will likely require a complete overhaul of NEO as we know it-a hard fork and possible return to a Genesis block. Top 5 New Features of NEO 3.0 In the meantime, here are the top five new features the community can expect from NEO 3.0 (all of which won’t happen next month, next quarter, or even next year). NEO 00 isn’t even thinking about breaking ground with NEO 3.0 until 2020-and that’s an optimistic target. 1. Native Contracts The first new feature of NEO 3.0 will be the addition of a native contract. NEO’s current smart contracts are run in NEO’s VM and can be deployed by any user. With the native contract, they can run any native code directly, are embedded in the core code without deployment, and the contract upgrade does not cause hash changes. Why is this important? Because it will allow for instant verification of transactions, greatly increasing TPS speed. The addition of native contracts will also allow for unlimited data storage. 2. All Assets Created in Smart Contracts There are a few ways to create assets on NEO, explains Zhang, but they are rarely used and most applications create contract assets (such as STOs) as they are more practical. Therefore, they will not support global assets in NEO 3.0. This will streamline and improve system performance. All assets will be created in smart contracts. 3. Internet Resource Access This will allow users to access internet resources in smart contracts through URLs. Consensus nodes can vote on data consistency and execute smart contracts through internet resource access. Again, scaling up, improving TPS, and allowing for greater speed. 4. Improved dBFT Consensus Mechanism This will remove the problem of flaws in the network by adding additional steps in how the Consensus mechanism work. This is especially important when a node has been offline. When the Consensus node comes back online, it needs to synchronize with other nodes, which takes time. In the new dBFT, NEO will add a recovery log and recovery message, which means that dBFT can truly make transactions irreversible. Zhang states: This will be the best consensus mechanism for blockchain. 5. NeoFS NEO smart contracts can’t really store data, at the moment. The cost is extremely high, which means that it cannot offer a workable solution for enterprises just yet. So, they plan to use NeoFS to build a low-cost distributed storage network that will support large enterprises. Users can use the space to store data by paying in gas and everyone in the network can earn gas by sharing unused hard disk space. Wrapping It Up If you’re trying to wrap your head around all that (as many people are), we’ll be breaking it down further by asking the man with the answers-co-founder Da Hongfei tomorrow. But basically, what it all amounts to is greater security, increased TPS, higher efficiency, and reducing the price. Oh, and making NEO “the best blockchain.” Ambitious plans that will align the blockchain with the smart economy of the future. Just not any time soon. Can NEO become a serious rival to Ethereum and other smart contract platforms? Share below! Images courtesy of Shutterstock The post Live From NEO DevCon: Top 5 New Features of NEO 3.0 appeared first on Bitcoinist.com.

17 hours ago

Bitcoin Price Weekly Analysis: BTC Signaling Bullish Continuation, $4K Incoming?

Bitcoin price started a downside correction after a sharp move towards $3,750 against the US Dollar. The price corrected lower and tested the $3,540-3,530 support area, where buyers emerged. Later, there was a break above a key bullish flag with resistance near $3,570 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is placed nicely in a positive zone and it could continue to move higher towards $3,650 and $3,800. Bitcoin price is slowly gaining bullish momentum against the US Dollar. BTC/USD remains in a decent uptrend, with high chances of a bull run towards the $4,000 resistance in the near term. Bitcoin Price Analysis Recently, bitcoin price spiked sharply from the $3,350 support area against the US Dollar. The BTC/USD pair rallied and broke the $3,500 and $3,600 resistance levels. There was also a break above $3,700 level and the 100 simple moving average (4-hours). Buyers pushed the price towards the $3,750 level and a new monthly high was formed near the $3,745 level. Finally, the price started a downside correction and traded below the $3,700 level. There was even a break below the $3,650 level, but the price remained well above the 100 simple moving average (4-hours). During the decline, the price broke the 23.6% Fib retracement level of the last wave from the $3,343 low to $3,744 high. The price traded below the $3,600 level, but buyers appeared near the $3,540-3,530 support area. Moreover, the 50% Fib retracement level of the last wave from the $3,343 low to $3,744 high also acted as a support. A new support base was formed near $3,340 before the price moved higher. Recently, there was a break above a key bullish flag with resistance near $3,570 on the 4-hours chart of the BTC/USD pair. The pair is now placed nicely above the $3,550 level, with a bullish angle. On the upside, an initial resistance is near the $3,600 level, above which there are chances of more gains. The main resistance is near the $3,750 level, followed by $3,800. If buyers remain in action, the price could even test the $4,000 barrier. Looking at the chart, BTC price is showing positive signs above the $3,550 level. Should bitcoin fail to gain pace above the $3,600 level, there could be a bearish reaction. An initial support is at $3,540, below which the price could test the $3,500 support area. Technical indicators 4 hours MACD - The MACD for BTC/USD is slowly moving in the bullish zone. 4 hours RSI (Relative Strength Index) - The RSI for BTC/USD is currently placed above the 50 level. Major Support Level - $3,540 Major Resistance Level - $3,600 The post Bitcoin Price Weekly Analysis: BTC Signaling Bullish Continuation, $4K Incoming? appeared first on NewsBTC.

19 hours ago

Ripple Price Weekly Analysis: XRP At Risk of Sharp Bearish Reaction

Ripple price is struggling to clear the $0.3000 and $0.3100 resistance levels against the US dollar. There is a crucial bearish trend line formed with resistance at $0.3000 on the 4-hours chart of the XRP/USD pair (data source from Kraken). The pair must gain momentum above $0.3000 and the 100 simple moving average (4-hours) for more gains. On the downside, a break below the $0.2940 support could trigger bearish moves in the near term. Ripple price corrected lower after a decent upward move against the US Dollar and bitcoin. XRP/USD is likely to make the next move either above $0.3000 or below $0.2900. Ripple Price Analysis After forming a support near the $0.2850 level, ripple price made a nice upward move against the US Dollar. The XRP/USD pair rallied and broke the $0.3000 and $0.3150 resistance levels. The price traded close to the $0.3200 level, where sellers emerged. A high was formed at $0.3198 before the price started a downside correction. There was a sharp decline below the $0.3100 and $0.3000 support levels. Sellers pushed the price below the 50% Fib retracement level of the last wave from the $0.2853 low to $0.3198 high. Besides, there was a close below the $0.3000 level and the 100 simple moving average (4-hours). Similarly, there were bearish moves in bitcoin, Ethereum, eos, litecoin and other altcoins. Later, ripple found support near the $0.2940 and $0.2950 levels. It traded close to the 76.4% Fib retracement level of the last wave from the $0.2853 low to $0.3198 high. Finally, the price started trading in a range between the $0.2940 and $0.3050 levels. On the upside, there is a crucial bearish trend line formed with resistance at $0.3000 on the 4-hours chart of the XRP/USD pair. Therefore, a break above the trend line and $0.3040 could open the doors for more gains. The next key resistance is near the $0.3110 level, above which the price may test $0.3200. Looking at the chart, ripple price seems to be trading in a range above $0.2940 and preparing the next move. If there is a downside break below $0.2940, the price could test the $0.2850 support area. The next key support is near $0.2770 and the 1.236 Fib extension level of the last wave from the $0.2853 low to $0.3198 high. The overall price action is slightly bearish, but the $0.2940 support might continue to hold losses. Technical Indicators 4 hours MACD - The MACD for XRP/USD is showing a few bearish signs in the bearish zone. 4 hours RSI (Relative Strength Index) - The RSI for XRP/USD just moved below the 50 level. Major Support Level - $0.2940 Major Resistance Level - $0.3000 The post Ripple Price Weekly Analysis: XRP At Risk of Sharp Bearish Reaction appeared first on NewsBTC.

20 hours ago

Ethereum Price Weekly Analysis: ETH Primed To Rise Further Above $125

ETH price started a major consolidation after a nasty upward move above $120 against the US Dollar. There is a contracting triangle in place with resistance at $124 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair is likely to accelerate higher once it breaks the $124 and $125 resistance levels in the near term. On the other hand, a break below $119 might call for more declines towards the $114 or $110 level. Ethereum price is placed nicely in a positive zone versus the US Dollar and Bitcoin. ETH/USD could soon make the next move either above $125 or below the $119 support. Ethereum Price Analysis This past week, there was a solid upward move above the $120 resistance in ETH price against the US Dollar. The ETH/USD pair traded towards the $125 area, where sellers emerged. Later, the price started a major consolidation pattern below the $125 zone. During the consolidation, there were a few attempts to clear the $125 resistance, but buyers failed. Besides, there were bearish waves as well towards the $120 level. The last swing low was formed at $115 and the last swing high was near $124. The price is currently trading near the $122 level and well above the 100 simple moving average (4-hours). The 23.6% Fib retracement level of the last wave from the $115 low to $124 high is near the $122 level to act as a support. It seems like there is a contracting triangle in place with resistance at $124 on the 4-hours chart of ETH/USD. If there is an upside break above the triangle resistance and $125, there are chances of a solid upside continuation. The next resistance above $125 is near the $128 and $130 levels. The main resistance is at $134, where sellers are likely to appear. On the other hand, if there is a downside break below the $120 and $119 supports, there could be more losses. The next key support is at $118 and the 61.8% Fib retracement level of the last wave from the $115 low to $124 high. Below $118, the price could test $116 and the 100 simple moving average (4-hours). The above chart indicates that ETH price is likely preparing for the next key break either above $124 or below $119 in the near term. Even if there is a downside break, the price remains supported above $115. Technical Indicators 4 hours MACD - The MACD for ETH/USD is about to move back in the bullish zone. 4 hours RSI - The RSI for ETH/USD is currently well above the 50 level. Major Support Level - $115 Major Resistance Level - $125 The post Ethereum Price Weekly Analysis: ETH Primed To Rise Further Above $125 appeared first on NewsBTC.

21 hours ago

Report: ICOs Raised 95% Less Capital in January 2019 than They Did in Their Best Month

According to a report by Coinschedule, a crypto analytics firm, ICO investments have plunged by approximately 95%. In March 2018, ICOs raised $5.8 billion, but data from Coinschedule shows that ICOs only managed to raise $291 million in January 2019. The data indicates that the first week of January this year saw less than 50 ICO launches and that the entire ICO ecosystem got only $6 million in investments from 424 various token sales. This figure represents the lowest amount that an ICO has raised since 2017. (KE)

21 hours ago

Ethereum Block Transactions Have Decreased By 94% Since Peak in 2018

As the Crypto Winter drags on, activity on most blockchain platforms has decreased significantly since the peak in 2018, with Ethereum being no exception. According to data from Etherescan.io, the observed transactions per block has declined from its peak of 1349890 units on January 4, 2018, to a value of 468599 units on February 15, 2019, a 94% decrease. Activity across all areas related to ETH, from trading on exchanges to ICO launches and gaming activity, have all decreased to a fraction of their former amounts. (JF)

a day ago

Crypto Tidbits: Meet JP Morgan Coin, SEC Drops Bitcoin ETF Application

After last week’s price action, the crypto market quieted down. Bitcoin entered a lull, while altcoins followed close behind. Yet, the wheels of the crypto train have continued to spin. Twitter CEO Jack Dorsey revealed that his fintech upstart would eventually integrate Bitcoin’s Lightning Network, JP Morgan launched its own digital asset on a private Ethereum-based chain, a Filipino banking giant launched crypto ATMs, and Chainalysis secured millions amid this market rut. Crypto Tidbits Reality Shares Files Semi Bitcoin ETF, SEC Requests Application Withdrawal: Reality Shares, a California-based crypto-centric investment services provider, filed a peculiar application to the SEC, America’s leading financial regulator. This proposal outlined an ETF that was composed of both allocations in CME’s and CBOE’s Bitcoin futures and monetary instruments, like sovereign debt products denominated in the British Pound, Japanese Yen, Swiss Francs, among other government-issued currencies. But, in an odd turn of events, the governmental agency politely requested for Reality Shares to pull its innocuous application. Spokespeople told CoinDesk that the SEC enlisted such a move due to the fact that it wasn’t “appropriate to file a registered 40 Act fund with cryptocurrency exposure at this time.” ICE CEO: Bakkt Is Our Moonshot Bet On Crypto: In the Intercontinental Exchange’s Q4 earnings call, chief executive Jeff Sprecher touched on crypto upstart Bakkt and its prospects in 2019. Sprecher, who is wed to the founder of Bakkt, explained that the company is “unique,” especially due to its independence and intentions. Yet, he explained that ICE has been able to apply its infrastructure — “settlement capabilities, warehouse and custody management capabilities, large treasury operations, and banking connectivity” — to the cryptocurrency venture. And thus, this “star power” has attracted “a lot of very very interesting companies,” such as Microsoft and Starbucks, giving Bakkt the potential to become a “very, very valuable company.” With all this in mind, the finance heavyweight concluded that if you boil Bakkt down, it could be classified as his firm’s very own “moonshot bet [on crypto].” Chainalysis Secures $30M From Silicon Valley Venture Group: Earlier this week, Chainalysis, leading blockchain research and analytics boutique, revealed that it had scored over $30 million in funding for its Series B round, led by Accel, a Palo Alto-based venture group that also has investments in Circle. Accel’s deal with Chainalysis will also see the Bay Area investment group’s Philippe Botteri and Amit Kumar join the blockchain upstart’s board. Per Business Insider, the duo will aid Chainalysis in bolstering its presence, in the European region, along with its overall research efforts. The company explained that this influx of funding will help it double-down on its raison d’etre to make blockchain data easy to digest, useful, and accessible for governments, institutions, and native cryptocurrency firms. Jack Dorsey Hints At Eventual Bitcoin Lightning Integration For Square: Just days after appearing on the Joe Rogan Experience to laud Bitcoin and releasing dozens of crypto-related tweets, Jack Dorsey, the chief executive of both Square and Twitter, took to Stephan Livera’s podcast to confirm that the integration of the Lightning Network onto Square is a matter of “when,” not “if.” Speaking on the rationale of eventually making such a move, Dorsey explained that his firm’s raison d’etre is to serve customers best, with Lightning only accentuating this goal. The Silicon Valley legend added that Square sees Bitcoin’s underlying nature as a currency, rather than solely a speculative asset. And as it stands, the widespread adoption of the Lightning Network is the most promising means to get to that ambitious end. Philippines Banking Giant Has Launched Two-Way Crypto ATMs: According to reports from Filipino media, Union Bank of the Philippines, a banking giant that is the seventh largest in the country, is launching crypto asset automated teller machines (ATM). Per the statement, the company launched its first two-way cryptocurrency ATM earlier this week, allowing customers to purchase and sell assets like Bitcoin for pesos. Union Bank has purportedly collaborated with the Bangko Sentral ng Pilipinas (BSP), the nation’s central bank, to ensure that this newfangled offering is compliant. JP Morgan Launches Ethereum-like Chain For In-House Crypto Asset: In a move that was straight out of left field, JP Morgan Chase, the world’s sixth largest bank, took to CNBC divulging that it would be launching an in-house crypto asset, fittingly named “JPM Coin.”According to a comment from Umar Farooq, the Wall Street institution’s blockchain division lead, the asset will be backed by physical U.S. dollars and will first be based on Quorum, JP Morgan’s private Ethereum-based chain. Eventually, the asset will go multi-chain, with interoperability solutions allo

a day ago

Ripple: After Binance, eToro CEO Shares His Interest in Partnering up With Ripple

In a video that surfaced online, eToro CEO, Yoni Assia, talks about a potential partnership with Ripple. eToro, the leading social trading and investing platform that allows one to invest and trade in cryptocurrencies, stocks, currencies, ETFs, and commodities has added the third largest cryptocurrency on its platform back in December 2018. In the interview that took place at the Paris Fintech Forum in January, this year, Assia talks about blockchain and that it is going to “disrupt the financial services and especially asset management services.” He says currently it is difficult to move assets and shares all over the globe, but with the tokenization of assets, the entire wealth management would be transformed as it would allow the assets to move from one company to another and then sell them seamlessly and in real time. As for Ripple partnership he stated, “We are one of the largest trading platforms for XRP so very interested in forming a relationship with Ripple Labs and understanding what can we do together.” You can watch the entire video here: Earlier As Coingape reported, Binance CEO also hints at a partnership with Ripple to leverage XRP-Powered xRapid. Zhao says, “We’re focused on launching more features right now, so we are working with a number of other partners. With xRapid, there’s nothing going on right now, but in the future, we’ll definitely want to add them as a partner.” The third-largest cryptocurrency with a market cap of $12.4 billion is trading at $0.302 with 24-hours gains of 0.53 percent. While in the BTC market, it is in the red by 0.10 percent, as per the data provided by Coinmarketcap. In the past five days, there hasn’t been much change in the XRP price as it oscillated in a tight range of $0.2947 and $0.3086. The post Ripple: After Binance, eToro CEO Shares His Interest in Partnering up With Ripple appeared first on Coingape.

a day ago

Coinmama Suffers Data Breach Affecting 450,000 Emails and Hashed Passwords

The team at Coinmama has notified users of the crypto brokerage platform that it suffered a security breach that has resulted in customer data being available for sale on a dark web registry. The data included a list of about 450,00 emails and hashed passwords belonging to users who registered until August 5th, 2017. The team at CoinMama also explained that the security issue is part of a bigger breach that affected 24 companies and a total of 747 Million user accounts. Coinmama explains that they are investigating the matter and believe there is no evidence that the data has been used by the hackers. They have created an Incident Response Team to identify the nature and scope of the breach. Consultations have also been sought from leading cyber-security firms. The following steps are being taken to continue protecting their customers. Notifying users affected by this breach with steps to safeguard their accounts and protect their data Requiring users affected to reset their password upon their next login. All other users are urged to verify that their passwords are unique and strong Continue monitoring Coinmama systems for suspicious activity Adding continuous enhancements to Coinmama systems to detect and prevent unauthorized access to user information Monitoring if the compromised data is being used, and keeping our customers notified More on the Larger Breach Affecting 24 Companies Earlier this week, personal information from 620 Million users from 16 companies was put up for sale on Dream Market, a dark web marketplace. A second batch of hacked data with 127 Million user records from 8 companies was later placed on sale by the same individual who goes by the of Gnosticplayers. 6 of the initial 16 sites were running the back-end database software of PostgreSQL. After exploiting a bug, the hacker was able to dump the database to a file and download it. According to TechCrunch, the records from the recently affected 8 companies are as follows: 18 million records from Ixigo 40 million records stolen from YouNow Houzz with 57 million records stolen Ge.tt, 1.8 million accounts stolen 450,000 records from Coinmama 4 million records listed from Roll20 5 million records from Stronghold Kingdoms 1 million records from PetFlow The 16 companies and records initially affected are as follows, and according to ZDNet.com. Dubsmash - 162 million MyFitnessPal - 151 million MyHeritage - 92 million ShareThis - 41 million HauteLook - 28 million Animoto - 25 million EyeEm - 22 million 8fit - 20 million Whitepages - 18 million Fotolog - 16 million 500px - 15 million Armor Games - 11 million BookMate - 8 million CoffeeMeetsBagel - 6 million Artsy - 1 million DataCamp - 700,000 What are your thoughts on the data breach at CoinMama that has affected thousands of emails and hashed passwords? Please share your ideas in the comments section below. The post Coinmama Suffers Data Breach Affecting 450,000 Emails and Hashed Passwords appeared first on Ethereum World News.

a day ago

Bitcoin [BTC] and Ethereum [ETH] brokerage Coinmama hacked; 1.3 million users affected

Coinmama, the Israel-based cryptocurrency brokerage company has suffered a major database breach resulting in 1.3 million users’ data being prone to hackers, as stated in an official announcement on 15 February. The company which allows users to purchase Bitcoin [BTC] and Ethereum [ETH] via credit cards was one among 24 companies that was attacked as part of a multi-platform hack, which affected 747 million records, in total. Companies in the realm of gaming, media streaming, interior designing, and travel were prone to the larger attack. According to a statement on the company’s website, information pertaining to 450,000 email addresses was posted on a dark web registry. The statement from the Coinmama website said: “Today, February 15, 2019 Coinmama was informed of a list of emails and hashed passwords that were posted on a dark web registry. Our Security Team is investigating, and based on the information at hand, we believe the intrusion is limited to about 450,000 email addresses and hashed passwords of users who registered until August 5th, 2017. This comes as part of a larger breach affecting 24 companies and a total of 747 million user records.” Presently, the company is investigating the issue and has since assured people that the hack has not resulted in cryptocurrencies being stolen from users’ wallets. Coinmama further assured customers that their data, primarily related to their credit card information, has not been compromised. The above statement went on to read, “As of February 15, 2019, there has been no evidence of this data being used by perpetrators. Given the dated nature of the published data, we have no reason to suspect that any other Coinmama systems are compromised. Coinmama does not store credit card information.” According to reports, the hacker allegedly goes by the name, ‘Gnosticplayers,’ and put up 127 million stolen user records on Dream Market, a dark web marketplace, from an array of eight different companies. Coinmama features on the list with a database estimated size of around 420,000, with the data selling for the price of 0.3497 BTC. Coinmama’s security breach is the second hack in the crypto-realm this year, with the first being the New Zealand-based cryptocurrency exchange, Cryptopia. Ethereum wallets worth $23 million in Cryptopia were hacked, with the breach persisting for two weeks after the incident. Only this week did the local authorities give a green light for the exchange to resume operations. The post Bitcoin [BTC] and Ethereum [ETH] brokerage Coinmama hacked; 1.3 million users affected appeared first on AMBCrypto.

a day ago

Binance Delisting: Why were SALT lending, Substratum and others delisted from Binance?

Binance, one of the world’s top cryptocurrency exchanges announced on Friday that they will be delisting five altcoins, CLOAK, MOD, SALT, SUB and WINGS. Binance’s reasons for such delisting were articulated in their blog and included, commitment of the team to project, level and quality of development activity, evidence of unethical/fraudulent conduct, among other reasons. This isn’t a surprising development however as some of the delisted tokens do have a very dodgy history. Below is a small collection of facts that could have contributed to Binance’s decision to delist the select tokens. SALT The SALT token has quite a history since it once came under the SEC’s radar in February 2018 when it was subpoenaed for allegedly distributing securities tokens to insiders and seeking information on the $50 million it raised during its ICO. Moreover, as per the data obtained from CoinMarketCap, it can be seen that the price of SALT fell from approximately $18 to a low of $1 and the company were forced to remove the option of paying principal to the loans using SALT tokens. This was a major concern since SALT tokens were fixed at a constant retail price, marked much higher than the market value of the tokens. The price of SALT has suffered a huge blow due to the delisting announcement by Binance. The token which was trading at $0.21 has collapsed massively in a single hourly candle to the bottom and was trading as low at a low of $0.17, which is a decrease of 19%. Considering that Binance is the major contributor to trading volume for SALT [~70% via trade pairs SALT/USDT, SALT/BTC], the actual delisting might cause another huge blow to the trading volume as well as the price. SUBSTRATUM Substratum has also received a lot of negative publicity ever since the ICO ended. Brian Li had reported that there were discrepancies in the ICO funds collected, soon after it ended. His report also suggested that tokens including 2.5 BTC, 702 BCH, 1142 ETH, and 35 LTC were missing from the ICO funds. This report was made worse after he mentioned that the CEO of Substratum was able to afford a ‘$400,000 home and a bunch of new toys in the first week of October 2017″. Moreover, the fact that Substratum’s Founder, Justin Tabb, admitted to using the funds raised through ICO in his trades, for a company that is trying to decentralize the internet raises a huge red flag. The price for SUB followed the same course as SALT, as it fell from $0.044 to $0.026, which is a decrease of 40.9% within a span of a couple of hours of the announcement. The post Binance Delisting: Why were SALT lending, Substratum and others delisted from Binance? appeared first on AMBCrypto.

a day ago

Just In: Coinmama Hacked, 747 Million Records Compromised

One of the largest crypto brokerage platforms in the world has suffered a severe security breach. Coinmama, which is the platform’s name, experienced the breach on February 15. As a result, email addresses and passwords of over 450,000 users have been compromised. The attack involved about 24 websites associated with Coinmama and about 747 million data records. Coinmama boasts a user base of over 1.3 million users. The Discovery Moments after the hack, the platform’s management took swift measures to stem the hack after a list of the compromised email addresses and passwords was leaked somewhere in the dark web. According to the investigating team at Coinmama, only about 450,000 users were affected. Those affected are mainly users who joined the platform before 5th August, 2017. However, no cryptos were stolen during the hack and none of the leaked login information has been used to access the users’ accounts. The platform has since moved to notify its users to change their login details to avoid the leaked information being used to steal from their accounts. The company has also pledged to strengthen the security system on the platform to prevent unauthorized access in the future. Not The First Coinmama isn’t the first online platform to experience such intrusion. Others like MyFitnessPal and Coffee Meets Bagel have had the same experience. According to Ariel Ainhoren from IntSights, the same vulnerability has been used to hack into other large databases and most of these platforms were running a particular database software, PostgreSQL. The vulnerability allowed the hacker to download the databases across multiple websites once they penetrated the main system. Ariel was speaking to TechCrunch. Tricky Timing The hack occurs just as reports are spreading of another crypto exchange known as QuadrigaCX that has lost its customers’ money stored in inaccessible cold wallets. These types of incidents have made the people’s confidence in crypto markets and exchanges in particular to wane, and that’s not something that exchanges would welcome. That adds to the growing sentiment that crypto exchanges have poor security and management systems that don’t quite protect the users’ digital assets adequately. However, most of these cases are isolated, especially considering that there are large crypto exchanges like Binance, Coinbase, and Gemini that have set high-security standards and have never been hacked since they entered the industry. The post Just In: Coinmama Hacked, 747 Million Records Compromised appeared first on ZyCrypto.

a day ago

Yet Another Hack - Coinmama Exchange Suffered Data Breach, Leaking 450K Emails/Passwords

And this weekend arrived with quite serious bulletins around the crypto industry. An Israel based crypto exchange, Coinmama suffered a massive data breach. It has been revealed that about 450000 users were affected and their emails and hashed passwords were breached. Coinmama Suffered Data Breach A quick Reddit post and twitter handle explain that the Coinmama, a cryptocurrency exchange has faced security breach on February 15, 2019. Although the exchange informs its users immediately, the hack left a negative mark on the trading platform. Breaking: #Coinmama hacked and 450,000 users were effected. Make sure you change your passwords if you used the site to buy Bitcoin. pic.twitter.com/2w1OyXmpoe — Jacob Canfield🔰(Official Account) (@JacobCanfield) February 16, 2019 It has also revealed via exchange’s official website that around 450,000 email addresses, as well as the passwords, were leaked from the trading platform. The incident comes amidst the multi-platform hack counting 24 companies affected with the total of 747 million records leaked from travel booking, streaming, and gaming sites. As per the exchange, the data of those users have been posted on a dark web registry. Today, February 15, 2019 Coinmama was informed of a list of emails and hashed passwords that were posted on a dark web registry. Our Security Team is investigating, and based on the information at hand, we believe the intrusion is limited to about 450,000 email addresses and hashed passwords of users who registered until August 5th, 2017. This comes as part of a larger breach affecting 24 companies and a total of 747 million user records. As quickly as the incident happened, the exchange published a blog post on the same day, informing its users about the event and the action that its team is performing immediately. Moreover, the exchange has also sent an email about the incident to all its users. Snap of the email is shared below (Reference of image) No Cryptocurrencies were Stolen The blog post mentioned that the exchange is consulting with leading cybersecurity firms to protect customers. Few of such security steps mentioned on the blog is as follows; Notifying users that were affected by this breach with steps to safeguard their accounts and protect their data Requiring users who are possibly affected to reset their password upon next login and urging all other users to verify that their passwords are unique and strong Monitoring our systems for suspicious activity Adding continuous enhancements to our systems to detect and prevent unauthorized access to user information Monitoring for any external indication that the compromised data is being used, and keeping our customers notified As of now, the exchange has lost user data only and no cryptocurrencies were hacked from the user’s wallet. Moreover, the platform is also reaching affected users to reset their passwords for their Coinmama account which should be strong, robust and unique. Accordingly, Coinmama has also ensured that they’re tracking any external signals that would affect the data of the exchange. Following the Cryptopia hack, Coinmama is the second profile in the crypto industry to get affected in 2019. To read security message from Coinmama, please visit here - Coinmama Account Security The post Yet Another Hack - Coinmama Exchange Suffered Data Breach, Leaking 450K Emails/Passwords appeared first on Coingape.

2 days ago

Huobi’s V2.0 ‘Stablecoin for Stablecoins’ Aims to Close Arbitrage Loophole

Stablecoins are increasing their visibility within the crypto space as the universe of stablecoins expands and they become easier to trade. Now, digital exchange Huobi Global offers, as a trial, the HUSD Solution V2.0 to provide traders with support for interchangeability between various stablecoins. All Stablecoins Seek to Lower Volatility But They are Not 1:1 Interchangeable Stablecoins’ purpose is to minimize price volatility by being pegged to a fiat currency or an exchange-traded commodity, such as a precious or industrial metal. The HUSD Solution V2.0 offers support for interchangeability between four stablecoins: Gemini Dollars (GUSD), Paxos Standard (PAX), True USD (TUSD), and USD Coin (USDC). These four coins are represented by one token, the HUSD. Users can deposit any PAX, TUSD, USDC, or GUSD, and then withdraw any of these four tokens, regardless of which token was initially deposited. Neutral’s article entitled “Case Study of Huobi’s HUSD Solution,” explains, When you deposit any kind of stablecoins, they will be shown as HUSD in your account. You may withdraw any kind of stablecoin; when the balance amount of a certain stablecoin is not sufficient in your account, you may choose any other stablecoin with enough balance amount to withdraw. When announcing the launch of HUSD (V.1) in October 2018, Huobi Global claimed that the HUSD aimed to facilitate traders’ decision-making processes among various stablecoins, while saving trading costs. However, design flaws were detected in the first HUSD version. According to Neutral, the problem with the original version stemmed from the fact that it allowed for 1:1 interchangeability between PAX, TUSD, USDC, and GUSD. That is, any of these coins could be exchanged for USD 1. However, Neutral notes that Huobi Global overlooked the fact that “stablecoins are not interchangeable on a 1:1 basis even though they are equivalent in redeemable value.” These slight price discrepancies contributed to the issuance of various tokens to people at a rebate to increase liquidity. As a result, Traders then took advantage of the situation, using the HUSD solution to redeem and arbitrage for full price. In this situation the 1:1 ratio between stablecoins offered by HUSD did not hold, and market makers took advantage to earn a quick profit. HUSD Solution V2.0 now removes the fixed 1:1 exchange rate, basing the values between stablecoins not only on pricing but also on various other factors. For example, among other factors, the underlying stablecoin price is now set by data obtained from various mainstream exchanges. And, “Users have to designate time and amount independently to interchange stablecoins, going from an automatic exchange to a manual one.” Is There a Stablecoin Craze? The stablecoins universe is expanding. For example, in October 2019, GMO Internet announced the launch of a Yen-pegged stablecoin. And, last month, Cryptogarage joined forces with Tokyo Tanshi to launch the Liquid sidechain based SETTLENET suite, which aims to be the first application Yen-pegged stablecoin. In January 2019, KRWb also announced the upcoming launch of the KRWb, which is going to be a 1:1 Korean Won-pegged stablecoin. This past week saw JPMorgan unveil its JPM Coin stablecoin that will be used in securities transactions and as part of the bank’s treasury services features. Moreover, Facebook, according to a Bloomberg report, wants to issue its own stablecoin to allow WhatsApp users to exchange money. For many, stablecoins represent the future. As CoinJar co-founder Asher Tan put it, “It’s a craze right now.” Do you think stablecoins will become mainstream crypto assets shortly? Let us know your thoughts in the comment section below. Images courtesy of Shutterstock The post Huobi’s V2.0 ‘Stablecoin for Stablecoins’ Aims to Close Arbitrage Loophole appeared first on Bitcoinist.com.

2 days ago

Bitcoin Adoption Increases by 700% Despite Bear Market, Survey Reveals

Bitcoin, the largest cryptocurrency in the world, has recently been the focus of attention of various financial institutions and social networks. Whether it’s the Securities and Exchange Commission (SEC), involved in the approval of the stock exchange investment fund (ETF), and Jack Dorsey, CEO of Twitter, who called Bitcoin “the national currency of the Internet.” Bitcoin is on the bright side of a bear market. Bitcoin adoption by merchants around the world has increased by 700% in the past six years. Data by Bitcoin directory service provider- Coinmap shows that 14,359 venues across the globe accepts Bitcoin as the mode of payment. The heat map shows an increase in the number of places that accept cryptocurrency: The map demonstrates an increasing number of places that legitimately opened a Bitcoin-based business around the globe. The most notable increment in the number of spots that accept Bitcoin is the northern part of South America. If we look at the world view, North America and Europe are the continents that have a majority of stores accepting Bitcoin. Nonetheless, a large portion of China and the subcontinental parts of Southeast Asia are still a long ways behind in terms of the use of cryptocurrency. Furthermore, a survey initiated by Kaspersky Lab shows that there are 13% shoppers around the world use Bitcoin for online shopping. Kaspersky Labs has done this survey in 22 countries on 12,448 consumers. The CEO of the crypto treasury management firm-CoinShares, Ryan Radloff, disclosed the data of Bitcoin adoption via his Twitter handle. The figures show that if we compare the numbers of venues accepting Bitcoin on 31st Dec 2013 and 31st Dec 2018, we will see massive growth in Bitcoin adoption. Even though crypto market has experienced plummet, yet there is an intense interest for digital asset among consumers as well as merchants. According to our recent report, we showed that crypto experts like CryptoMento and Josh Rager are still very much positive about Bitcoin and suggested to invest in it for future purpose. The popularity of cryptocurrency is increasing day by day, and this news will make all crypto enthusiasts happy. The post Bitcoin Adoption Increases by 700% Despite Bear Market, Survey Reveals appeared first on Zerocrypted - Your Daily Cryptocurrency News, Guides And More.

2 days ago

Security Alert: Half A Million Old Coinmama Logins Hacked, No Indication of KYC/AML Breach

Almost 500,000 login credentials to the online Coinmama cryptoasset exchange have been found for sale on the dark web. The Coinmama breach is a small part of a much, much larger hack. There is no indication that personal identification data was stolen.

2 days ago

Coinmama suffers a data breach of 450,000 emails and hashed passwords

Coinmama, a crypto broker that specializes in letting users buy cryptocurrencies with credit cards, announced Friday that it suffered a a data breach of 450,000 emails and hashed passwords. Coinmama said that the breach is only a small portion of a much larger breach affecting 24 companies and a total of 747 million user records. Coinmama does not store credit card information but advised users to change their password. The post Coinmama suffers a data breach of 450,000 emails and hashed passwords appeared first on The Block.

2 days ago

Why Bitcoin’s (BTC) future is vertical and crypto should give up going horizontal

Instead of concentrating on building the vertical second layer on top of the bitcoin network, the industry has been obsessed with developing competing base layers on a horizontal plane in the shape of new blockchains, often at great expense and with relatively little to show for it. That, at any rate, is the contention of Ryan Radloff, the chief executive and co-founder of CoinShares. 2/ Last 3 years our industry has been focused on growing horizontally (not vertically) by creating new “base layer” networks to build on & compete with #bitcoin, mainly because of bitcoin’s flaws: -Not fast enough -Not programable enough -etc... — Ryan Radloff (@RyanRadloff) February 10, 2019 And there is one technology in particular that is witnessing accelerated adoption, achieved not by inventing a “better” blockchain but simply by building on top of what already exists: it’s the Lightning Network. Nodes matter and bitcoin is still on top by a mile As of 10 February, the node counts of leading blockchains had bitcoin in first place with 10,336, Ethereum in second place on 7,574 and coming up fast, Lightning is in third place with a tally of 6,088. Some way behind, in fourth, fifth and sixth place are Litecoin, Bitcoin Cash and Ripple on 1,869, 1,589 and 1,047, respectively. At the time of writing the Lightning node count has risen to 6,293, seeing a 14.6% increase in the past 30 days, according to Lightning data site 1ML. Network capacity has jumped 30% in that same period to $2,506,102 (691.01 BTC) and the number of channels stands at 26,990. Going vertical with Bitcoin as new dapps launch but inactivity grows OK, we can have an argument about bitcoin’s listening (full nodes) and non-listening nodes (SPV) that don’t have their ports open and similar issues to take account of on the other networks, but you get the idea. Bitcoin is by far the most decentralised network, although there is the consideration of the “political” control of those nodes, given the pockets of mining control concentration that ASICs brought to the world. Perhaps we should say bitcoin is the densest (and most secure) network. Radloff argues that for the past three years the industry has been fixated on horizontal development by creating new “base layers” with a “’crypto Keynesian’ type spending model - raising a ton of capital & spending it on projects to promote network growth, hoping the spending would stimulate coin velocity & user growth... Now data is showing that isn’t working.” Although not mentioned by Radloff, it might be noted here that a recent research on Ethereum by LongHash found that 10% of the dapps “running” on its blockchain were inactive. Other data at State of the Dapps report in January revealed that 17% of all dapps were inactive, despite the new apps chart still trending higher. Radloff compares EOS and Tron to the bitcoin network in somewhat disparaging terms, bemoaning the fact that they “still can’t achieve the same network size or node count success as bitcoin or even more embarrassing, bitcoins [sic] second layer - lightning network”. He maintains that the approach of EOS and Tron is akin to governments implementing Keynesian-inspired public spending to manage aggregate demand in an economy with the aim of stimulating economic growth. The development of the Lightning Network, by contrast, according to Radloff, has proceeded along the lines of “minimalist ‘boot strap’ funding”. And in so doing it is proving through example that there’s a different way ahead that isn’t just cheaper but arguably more successful. However, critics of Lightning say its system of pre-funded channels that have to be opened between transacting parties will ultimately make it difficult to grow the network and ultimately an unsuitable solution for payments at scale. Does Cash and pizza prove the point? Which brings us to a couple of news items on the Lightning front that perhaps go some way towards illustrating Radloff’s point. First, Jack Dorsey, the chief executive of both Twitter and Square, who said “it’s not an ‘if’, it’s a ‘when’” for Lightning Network integration in the Cash app, as reported earier this week by EWN. Dorsey is what might be considered a bitcoin maximalist in altcoin circles, given that he has rebuffed all pleas to support top altcoins in Cash. In December last year Cash was the most downloaded app in the finance section of the Google Play app store. And on 8 December it was the No.1 most downloaded app in the Apple app store. No wonder people are jumping up and down about Dorsey bringing Lightning to the app. Now consider the launch of Lightning Pizza by the folks behind the crypto payment app Fold. As the name suggests, the new service enables consumers to buy pizza from Domino’s Pizza with bitcoin. A Cheese Pizza, a Pepperoni Pizza and a Classic Garden Salad purchased from from the New York store on 181 Church Street, costs 523101 satoshis ($18.58). LN.Pizza users get a 5% reduction. Altcoin winter The reader should

2 days ago

Token Sales You’ll Want To Keep An Eye On This Year

For those that don’t know, token sales are the process of generating and selling new cryptocurrency. Even though the details change from sale to sale, this process involves building a smart contract on the blockchain which will then generate and sell the resulting coins. This year, there are a few token sales anticipated to make some noise in the crypto space. Lynked.World This project aims to overcome the trust barrier in digital data and document exchange. Lynked.World is an upcoming project with a multi-faceted blockchain platform which will allow businesses and users to build custom applications and forms based on their business or other contract necessities. Built with smart contracts on the Ethereum blockchain, Lynked.World assists in the finalisation of the deals. Users will be able to control their digital wallets on Lynked.World to store their identification details and other documents. The team behind the project is based in India and there is a lot of potential that this platform has to impact the space. They have set a realistic target for themselves of the hard and soft caps to develop such projects with the soft cap being set at $5 million and the hard cap is set at $25 million. This is a project worth keeping an eye on. Fidelity House Again, built on the Ethereum blockchain Fidelity House is a social content building and aggregation platform. Users are able to communicate with people who have similar interests to them, publish content, update their interests and earn on viewing the content. As an author for original content, you will be paid based on the number of visits on the page. “The currency used as a mode of payment and rewards is called FidelityHouse Coin, an ERC 20 token. The team is based in Switzerland and has an impressive track record in content creation and social networking.” The project can have a good commercial use case with the idea of trustworthy and transparent crowdsourcing journalism which the firm has in mind. Nevertheless, the project will face competition as it is not the only decentralised content generating platform and there are competitors which are taking advantage of AI technologies to strengthen their user engagements. Once again, Fidelity House is one token sale worth looking at in the near future.

2 days ago

Why bitcoin’s future is vertical and crypto should give up going horizontal

Instead of concentrating on building the vertical second layer on top of the bitcoin network, the industry has been obsessed with developing competing base layers on a horizontal plane in the shape of new blockchains, often at great expense and with relatively little to show for it. That, at any rate, is the contention of Ryan Radloff, the chief executive and co-founder of CoinShares. 2/ Last 3 years our industry has been focused on growing horizontally (not vertically) by creating new “base layer” networks to build on & compete with #bitcoin, mainly because of bitcoin’s flaws: -Not fast enough -Not programable enough -etc... — Ryan Radloff (@RyanRadloff) February 10, 2019 And there is one technology in particular that is witnessing accelerated adoption, achieved not by inventing a “better” blockchain but simply by building on top of what already exists: it’s the Lightning Network. Nodes matter and bitcoin is still on top by a mile As of 10 February, the node counts of leading blockchains had bitcoin in first place with 10,336, Ethereum in second place on 7,574 and coming up fast, Lightning is in third place with a tally of 6,088. Some way behind, in fourth, fifth and sixth place are Litecoin, Bitcoin Cash and Ripple on 1,869, 1,589 and 1,047, respectively. At the time of writing the Lightning node count has risen to 6,293, seeing a 14.6% increase in the past 30 days, according to Lightning data site 1ML. Network capacity has jumped 30% in that same period to $2,506,102 (691.01 BTC) and the number of channels stands at 26,990. Going vertical with Bitcoin as new dapps launch but inactivity grows OK, we can have an argument about bitcoin’s listening (full nodes) and non-listening nodes (SPV) that don’t have their ports open and similar issues to take account of on the other networks, but you get the idea. Bitcoin is by far the most decentralised network, although there is the consideration of the “political” control of those nodes, given the pockets of mining control concentration that ASICs brought to the world. Perhaps we should say bitcoin is the densest (and most secure) network. Radloff argues that for the past three years the industry has been fixated on horizontal development by creating new “base layers” with a “’crypto Keynesian’ type spending model - raising a ton of capital & spending it on projects to promote network growth, hoping the spending would stimulate coin velocity & user growth... Now data is showing that isn’t working.” Although not mentioned by Radloff, it might be noted here that a recent research on Ethereum by LongHash found that 10% of the dapps “running” on its blockchain were inactive. Other data at State of the Dapps report in January revealed that 17% of all dapps were inactive, despite the new apps chart still trending higher. Radloff compares EOS and Tron to the bitcoin network in somewhat disparaging terms, bemoaning the fact that they “still can’t achieve the same network size or node count success as bitcoin or even more embarrassing, bitcoins [sic] second layer - lightning network”. He maintains that the approach of EOS and Tron is akin to governments implementing Keynesian-inspired public spending to manage aggregate demand in an economy with the aim of stimulating economic growth. The development of the Lightning Network, by contrast, according to Radloff, has proceeded along the lines of “minimalist ‘boot strap’ funding”. And in so doing it is proving through example that there’s a different way ahead that isn’t just cheaper but arguably more successful. However, critics of Lightning say its system of pre-funded channels that have to be opened between transacting parties will ultimately make it difficult to grow the network and ultimately an unsuitable solution for payments at scale. Does Cash and pizza prove the point? Which brings us to a couple of news items on the Lightning front that perhaps go some way towards illustrating Radloff’s point. First, Jack Dorsey, the chief executive of both Twitter and Square, who said “it’s not an ‘if’, it’s a ‘when’” for Lightning Network integration in the Cash app, as reported earier this week by EWN. Dorsey is what might be considered a bitcoin maximalist in altcoin circles, given that he has rebuffed all pleas to support top altcoins in Cash. In December last year Cash was the most downloaded app in the finance section of the Google Play app store. And on 8 December it was the No.1 most downloaded app in the Apple app store. No wonder people are jumping up and down about Dorsey bringing Lightning to the app. Now consider the launch of Lightning Pizza by the folks behind the crypto payment app Fold. As the name suggests, the new service enables consumers to buy pizza from Domino’s Pizza with bitcoin. A Cheese Pizza, a Pepperoni Pizza and a Classic Garden Salad purchased from from the New York store on 181 Church Street, costs 523101 satoshis ($18.58). LN.Pizza users get a 5% reduction. Altcoin winter The reader should

2 days ago

BuySellHODL Release Highly Informative Crypto Ratings and Price Targets Platform

BuySellHODL has announced the launch of its crypto ratings and price targets platform, which is available in Android and iOS versions. The rating service is currently free and it provides crypto enthusiasts and traders with real-time price target data for Bitcoin and altcoins. This feature makes the app significant for both crypto newbies and experts. The app works by interrogating a vast number of users to get their opinions on the market outlook and uses the data as part of the formula to calculate the ratings and price targets of cryptocurrencies. (VK)

2 days ago

Still Bearish: There Is Still Time For The Bitcoin Bear Market According to Recent Bitcoin Valuations

TL; DR Bitcoins Valuation Charts reveal that we may still be a few months away from hitting the bottom of the market cycle The charts show Bitcoins valuation metrics over the cryptocurrencies entire 10-year history, displaying the progression of each parameter about the market valuation of Bitcoin. If one understands technical analysis and how to read between the lines, market charts can provide a whole range of exciting narratives about where prices have been and where they might be going next. As the crypto markets begin to slowly mature, we are increasingly gaining access to more historical data that technicians can analyze to decipher patterns and predict the future. One such example is a recent series of findings by crypto market analyst Willy Woo. Woo shared a variety of charts showing Bitcoin valuation metrics over the cryptocurrencies for its entire ten-year history (from 2009 to 2019). Each chart displays the progression of a metric about the market valuation of Bitcoin over the past ten years. We’ve shared some of the most notable charts below: The first metric is Realized Cap (RV), which approximates the aggregate value paid for coins in circulation. RV is the orange line, while the blue line is the market valuation of Bitcoin. What this chart reveals is that during each bull cycle, we can see a fast climb from the orange line, which signals new investors jumping into the market and buying at the latest prices. The latest trend shows a flat line for RV, which has historically been a precursor to a surge in prices. The second metric is Thermo Cap (the cumulative security spends by the network). This tracks the maximum amount of capital that has entered the market over time. The chart shows that we have not yet exceeded $10billion entering the Bitcoin market. This gives us a strong indicator of how early it could be for the crypto markets. Delta Cap shows we may not yet be out of the bear market The third (and possibly most interesting) metric is what comes out when combining the moving average of the Bitcoin’s market cap across the entire time range, and subtract it from its realized market cap. The result is called the ‘Delta Cap,’ which is a metric that also used to identify all of the historical market cycles’ bottoms for Bitcoin: When we add an oscillator setting, we get to see how the Delta cap shows what stage we are in the market cycle: Delta Cap is the purple dotted line in between the yellow (Realized cap) solid line and the red dotted line (Average Cap). Every time the Delta cap touches the Realized cap, Bitcoin’s valuation hits the top of the market cycle, and every time the Delta cap touches the Average cap, Bitcoin’s valuation hits the bottom of the market cycle. Based on what we see in the late 2018/2019, we may still have a while to go before we hit the bottom of the current market cycle and start making our ascent upward. Conclusion Overall, charts like these are great examples of how traders can try to create predictions of future price action based on access to a broader history of the market data, pattern recognition and a solid understanding of technical analysis. The post Still Bearish: There Is Still Time For The Bitcoin Bear Market According to Recent Bitcoin Valuations appeared first on CryptoPotato.

2 days ago

TradingView Announces Launch of New Multi-Crypto Dashboard

TradingView, an equity and cryptocurrency market data portal, has launched a brand new multi-crypto dashboard. The team also announced a discounted Premium price locked at 0.09 BTC per year as a way of expressing their support for the crypto community. According to TradingView, this would mean that the lower the BTC, the higher the discount. With a premium plan, users will get real-time data, real-time chats, actionable trading ideas and advanced tools. (VK)

2 days ago

BuySellHODL Unveils Highly Informative Cryptocurrency Ratings and Price Targets Platform

BuySellHODL has announced the launch of its innovative cryptocurrency ratings and price targets platform and everyone can now download the mobile app on their Android and Apple devices. At current, the rating service is free, and it gives crypto enthusiasts and traders quantitative real-time price target data for bitcoin and altcoins, making it a vital tool for both the crypto newbie as well as experts. Bitcoin Price Target and Rating The BuySellHODL app regularly queries a vast array of users to get their opinions on the market outlook. The data is collated and used as part of the formula to formulate the overall ratings and price targets of the digital asset. The ratings and price targets are published and updated every hour on the BuySellHODL website and the rating section of the Android and iPhone apps. Key Features The vital features of the platform are: Real-Time Data - the team, strives to update the crypto price targets every minute, while ratings are updated daily. Quantitative Data and Info Sentiment Analysis available Universally Available- users can get access to the service from anywhere they may be across the globe since its available on the web and smartphones. How it Works Users of the BuySellHODL platform are required to create a “crypto Bio” which are basically questions about their opinions concerning the crypto markets. The platform now uses the data and other metrics to formulate ratings and price targets for each crypto. The bitcoin price target formula comprises of numerous factors including The distribution of the bitcoin Buy, Sell and HODL ratings The distribution of altcoins ratings The bitcoin price prediction survey data. More Features Coming In the coming weeks, the platform plans to add additional ratings and price targets for several established cryptos, including Ether (ETH), XRP, bitcoin cash (BCH), TRON (TRX), Stellar (XLM), Binance Coin (BNB) and more. There will also be an experts section, where it would feature price targets and analysis from thought-leaders in the crypto space. That’s not all; the platform will also launch geographic rating analysis for top crypto locations like the U.S., Japan, Brazil, Taiwan and several others. “There is a severe lack of compelling data and real-time analysis on cryptos. Our app addresses these shortcomings head-on, by providing the first-of-its-kind digital assets content,” said the founder of BuySEllHODL, Clifford Lerner. “Our unique methods of generating the coin ratings and price targets help us to seamlessly provide differentiated data analysis regarding market sentiment trends for each asset and the entire crypto markets,” Lerner added. Website: https://buysellhodlapp.com Telegram: https://t.me/buysellhodl Twitter: https://twitter.com/buysellhodlapp Email: contact@BuySellHodlApp.com The post BuySellHODL Unveils Highly Informative Cryptocurrency Ratings and Price Targets Platform appeared first on ZyCrypto.

2 days ago

BuySellHODL Unveil Highly Informative Cryptocurrency Ratings and Price Targets Platform

BuySellHODL has announced the launch of its innovative cryptocurrency ratings and price targets platform and everyone can now download the mobile app on their Android and Apple devices. At current, the rating service is free, and it gives crypto enthusiasts and traders quantitative real-time price target data for bitcoin and altcoins, making it a vital tool for both the crypto newbie as well as experts. Bitcoin Price Target and Rating The BuySellHODL app regularly queries a vast array of users to get their opinions on the market outlook. The data is collated and used as part of the formula to formulate the overall ratings and price targets of the digital asset. The ratings and price targets are published and updated every hour on the BuySellHODL website and the rating section of the Android and iPhone apps. Key Features The vital features of the platform are: Real-Time Data - the team, strives to update the crypto price targets every minute, while ratings are updated daily. Quantitative Data and Info Sentiment Analysis available Universally Available- users can get access to the service from anywhere they may be across the globe since its available on the web and smartphones. How it Works Users of the BuySellHODL platform are required to create a “crypto Bio” which are basically questions about their opinions concerning the crypto markets. The platform now uses the data and other metrics to formulate ratings and price targets for each crypto. The bitcoin price target formula comprises of numerous factors including The distribution of the bitcoin Buy, Sell and HODL ratings The distribution of altcoins ratings The bitcoin price prediction survey data. More Features Coming In the coming weeks, the platform plans to add additional ratings and price targets for several established cryptos, including Ether (ETH), XRP, bitcoin cash (BCH), TRON (TRX), Stellar (XLM), Binance Coin (BNB) and more. There will also be an experts section, where it would feature price targets and analysis from thought-leaders in the crypto space. That’s not all; the platform will also launch geographic rating analysis for top crypto locations like the U.S., Japan, Brazil, Taiwan and several others. “There is a severe lack of compelling data and real-time analysis on cryptos. Our app addresses these shortcomings head-on, by providing the first-of-its-kind digital assets content,” said the founder of BuySEllHODL, Clifford Lerner. “Our unique methods of generating the coin ratings and price targets help us to seamlessly provide differentiated data analysis regarding market sentiment trends for each asset and the entire crypto markets,” Lerner added. Website: https://buysellhodlapp.com Telegram: https://t.me/buysellhodl Twitter: https://twitter.com/buysellhodlapp Email: contact@BuySellHodlApp.com The post BuySellHODL Unveil Highly Informative Cryptocurrency Ratings and Price Targets Platform appeared first on ZyCrypto.

2 days ago

Coinmama Reveals Hack of 450,000 User Emails and Hashed Passwords

According to a blog post from the cryptocurrency exchange platform Coinmama, their security team recently became aware of a hack that occurred in August of 2017 that saw 450,000 user emails and hashed passwords stolen by the attackers. It has also been determined that the hacker behind this attack is the same hacker that has been in the news recently for posting data for more than 740 million user records, now hacked from a total of 24 different websites, currently on sale for various amounts of Bitcoin depending on the user records an individual wishes to purchase. (JF)

2 days ago

Russia's Plans to Test a Shutdown of the Internet is a Concern to Crypto Miners in the Country

Cryptocurrency miners in Russian are voicing concerns following the announcement from Russia that it will be planning a test that will see the internet in the country shut down for a brief period of time as the government assesses how such a cyber war attack would affect the nation. Data from Bitnodes shows that 2.78% of Bitcoin nodes (291) and 3.02% (271) Ethereum nodes are located in Russia and will be directly affected by the shutdown. The test also highlights the need for projects like Blockstream’s satellite system that helps keep the Bitcoin network operating from space. (JF)

2 days ago

Chainalysis Secures $30M: Despite Bitcoin Crash, Crypto Venture Money Still Flowing

The so-called “crypto winter” has undoubtedly been tough on a majority of this ecosystem’s upstarts, even those with supposedly colossal war chests and copious amounts of talent. Heck, earlier this week, Ripple cut Bloomberg alumni Cory Johnson, the fintech firm’s chief market strategist, due to shifts in the Bitcoin winds. Bitmain, Huobi, and ShapeShift are also among industry powerhouses that have mandated staff cuts to bolster their bear market bottom lines. Other firms, such as Giga Watt and Liqui, have collapsed entirely. But interestingly, it seems that the crash in the Bitcoin price hasn’t deterred opportunities. Even in trying times, money from ambitious venture capitalists and visionaries alike have continued to rush into this space, no holds barred. Blockchain Analytics Group Finishes Series B Ever since it secured $16 million in its Series A funding round during 2018, Chainalysis has become an integral but little-known mainstay in this space. For those who missed the memo, the company, which has headquarters in New York, is a blockchain research and software provider that has played a role in the back offices of the cryptosphere. While the company’s premise may seem boring for most, investors have become enamored with what the team has accomplished, and what it intends to do. In fact, in a press release issued Tuesday, Chainalysis divulged that it had scored over $30 million in funding for its Series B round, led by Accel, a Palo Alto-based venture group that also has investments in Circle. Excited to announce our latest funding round of $30m led by @Accel to support strategic product development of new cryptocurrency use cases and a new office in London! Read more: https://t.co/0Rn2li4wkO — Chainalysis (@chainalysis) February 12, 2019 Accel’s deal with Chainalysis will also see the Bay Area investment group’s Philippe Botteri and Amit Kumar join the blockchain upstart’s board. Per Business Insider, the duo will aid Chainalysis in bolstering its presence, in the European region, along with its overall research efforts. With this influx of funding, the analytics unit has decided to bolster its team. The company currently has 30 open roles, including stints ranging from the vice president of finance to the team lead for cybercrimes. Although the company has its primary offices in New York, many of the new positions are located in London and Copenhagen, the former of which is where Chainalysis is looking to double its headcount. This $30 million dollar deal, which also saw participation from other unnamed financiers, isn’t just about acquiring talent though. Chainalysis divulged that it intends to double-down on its raison d’etre to make blockchain data easy to digest, useful, and accessible for governments, institutions, and native cryptocurrency firms. The company wrote: “We are building a team that is focused on attributing more services associated with criminal activity, including darknet markets, scams, ransomware, terrorist financing, and sanctions evasion.” The New York-based firm also explained that it intends to begin analyzing an array of other cryptocurrencies, not just assets like Bitcoin and Ethereum, while also bolstering its “compliance and investigation software” to create a fair environment for cryptocurrencies. Exact specifics regarding Chainalysis’ plans were scant, but considering that the firm has garnered the support of Binance, Barclays, among a series of other fintech firms, its future remains bright, whether Bitcoin continues lower or otherwise. Related Reading: Chainalysis: Up to 3.79 Million Bitcoins May Be Lost Forever Crypto Venture Tap Still Has Water While props to Chainalysis would be in order, this move only accentuates how the crypto venture capital tap still has water, even in spite of the harrowing market conditions. On Tuesday, Morgan Creek Digital, a crypto-centric venture group headed by fervent decentralist Anthony “Pomp” Pompliano, revealed that it had launched a $40 million fund. The fund, launched weeks, if not months ago, saw investment from two public pension funds that pertain to Virginia, a private institution, a university endowment, and other investors. The fund purportedly already allocated capital towards Bakkt, Coinbase, Harbor, and Blockfi, just to name a few notable crypto upstarts. Speaking of Bakkt, the Intercontinental Exchange-backed initiative secured over $182.5 million in one of the largest crypto-related deals to date. This round saw Boston Consulting Group, CMT Digital, Horizons Ventures, ICE itself, Microsoft’s venture wing, Pantera Capital, and Galaxy Digital make allocations. All this and more only goes to show that although BTC has continued to trade in a tight range, with analysts claiming that lower lows are inbound, the smart money is under the impression that eventually, this market will undergo a resurgence. Featured Image from Shutterstock The post Chainalysis Secures $30M: Despite Bitcoin Crash, Crypto Venture Money Still

2 days ago

Ethereum Core Dev Call #55: ProgPoW audits and Vitalik’s Phase 2 updates

This week’s Ethereum core developer call was relatively light on updates. Here’s our quick notes: Looking ahead to Constantinople in ~2 weeks: The “Cat Herders” will be reaching out to miners in about a week to ensure a smooth transition on node upgrades ahead of the delayed Constantinople fork. Report of new bugs/create2 delays in Constantinople were false: Constantinople is not rescheduled, and no further bugs in the code going into the upgrade have been found since the original delay. On the topic of Create2, Vitalik added, “something to keep in mind for the future, when thinking about rent and deletion, that can lead to contracts not being in state changes...not something we need to figure out in the next few weeks. But it’s useful to keep in mind when getting the ETH 2.0 sharding to a VM spec very soon.” Update on ProgPoW audit: Devs have found a company for benchmark testing whether performance boost impacts AMD/NVDIA cards to see if ProgPoW works. However, having trouble finding an impartial auditor to determine how long ProgPoW ASIC resistance will actually last, given experts that could offer an opinion have potential conflicts of interest because they’re looking into ProgPoW mining themselves. Istanbul hard fork roadmap: Nothing has changed here, the group agreed the one month Constantinople delay shouldn’t impact timing of other forks, and are proceeded as is. Research updates: Phase 0 is well into refinement, Vitalik is now starting phase 1 research which includes sharding of data and not computation. Vitalik noted Phase 1 is actually fairly simply outside of specifying “full proof of custody game.” He suggested running Phase 1 and Phase 2 research in parallel to speed up roadmap, adding, “we should not fall into the mindset in thinking step-wise /non-parallel work on these phases.. because if we do things will really take until 202x or whatever the trolls are saying.” Concluding by declaring his intention to reach out to a lot of 1.X people to solicit feedback on what an ERC20 replacement would look like on top of whatever phase 2 ends up shaping into. The post Ethereum Core Dev Call #55: ProgPoW audits and Vitalik’s Phase 2 updates appeared first on The Block.

2 days ago

Tezos Price Rises 9% amid Environment Manager Smart Contracts Development

While the BTC price continues to trade sideways, Tezos is on a tear, having added 9% in the last 24-hour period to $0.44. Most of the trading is unfolding on crypto exchange UEX in the USDT and BTC markets. There was a development surrounding the Tezos environment manager, which according to GitHub "provides a seamless way to develop smart contracts and dApps locally for public networks such as alphanet and private networks such as sandboxnet." The Tezos environment manager "now supports ReasonML smart contracts natively thanks to Liquidity's .reliq file extension support." Separately, Tezos recently got a boost when Elevated Returns, a “token-focused financial group,” revealed it would build on the Tezos platform for tokenzied real estate. Elevated Returns has a real estate portfolio of more than $1 billion, which it plans to tokenize. Elevated Returns switched from Ethereum to Tezos for the latter’s “superior qualities for asset tokenization,” according to crypto market data firm Messari. (GT)

2 days ago

Two ways blockchain could have a quick impact in healthcare - Health Data Management

The promise of blockchain technology as a practical means of solving elusive healthcare data and transactional challenges has rapidly advanced. For example, a recent Deloitte global survey found that 55 percent of healthcare IT executives strongly believe blockchain will become a “disruptive force” in healthcare. Nearly half (49 percent) of healthcare executives say they plan

2 days ago

Baidu Launches Blockchain Engine for dApp Developers

China’s search engine giant, Baidu, has launched the Baidu Blockchain Engine (BBE), an operating system based on Artificial Intelligence, Big Data, and Cloud Computing, which will enable developers to design decentralized mobile applications in an easier and faster way, according to a press release published February 14, 2019. Developer-Friendly Per the report, Baidu has launched BaiduRead MoreRead More. The post by Ogwu Osaemezu Emmanuel appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News

2 days ago

Weekly roundup Feb. 11 - Feb. 15

This week was a somewhat slow in the crypto world. Bitcoin continued to consolidate, as indecision and stagnation plagued the asset’s path to a new price trend. Although the price of BTC seemingly failed to react, this week did host several interesting eventful news. Catch the top stories from the past several days: Red Bull partners with... FuturoCoin? Reported in a Crypto Insider piece on Monday, Red Bull chose an odd cryptocurrency with whom to partner. More specifically, Red Bull Racing. The Red Bull Gmbh-owned Formula One racing team partnered with FuturoCoin (FTO), as mentioned on an article on Red Bull Racing’s website. At the time of the article, FuturoCoin came in at number 1773 out of 2065 crypto assets on CoinMarketCap’s list of top cryptocurrencies and tokens. Popular YouTuber Sunny Decree mentioned several oddities regarding FuturoCoin in one of his videos. Decree noticed things such as an error in the project’s white paper, as well as suspicions on the project’s insignificance in general. Read on Crypto Insider General Motors adds blockchain with Spring Labs collaboration Also this week, GM Financial (the fiscal branch of mainstream big dog General Motors) posted news of a partnership with Spring Labs. The partnership will reportedly will lead to blockchain incorporation for GM. Details from an AP News press release showed GM Financial joining the Spring Founding Industry Partners (SFIP) group. Under Spring Labs, SFIP reportedly seeks to improve data storage and decrease the occurrence of identity authentication issues, as well as fraud - aspects known to affect the auto industry. Read on Crypto Insider Russia is planning an experiment to shut down its internet Russia reportedly wants digital independence. ZDNet, with data from Russian news outlet RBK, gave details of Russia’s goals to become self-sufficient in the internet department. Associated with a recent law proposal, Russia plans to conduct a test, shutting off its digital data communications from the outside world. As part of the initiative, internet activity will be kept in-house, routed toward regulated outposts for approval. Russia will use the test to gather information, possibly leading to amendments to the proposed law. ZDNet explained, “[a] first draft of the law mandated that Russian internet providers should ensure the independence of the Russian internet space (Runet) in the case of foreign aggression to disconnect the country from the rest of the internet.” Read on Crypto Insider JP Morgan unveils its own cryptocurrency One of this week’s most talked about events was a surprising move by J.P. Morgan. The influential company announced the development of its own stablecoin - the JPM Coin. As detailed in CNBC’s February 14 news, each JPM Coin will have a value of $1 USD. Starting later in 2019, J.P. Morgan will take the asset on a trial run for a small percentage of its transactions. The entity’s cryptocurrency involvement comes as a surprise after bitcoin faced repeated backlash from J.P. Morgan CEO Jamie Dimon over the past couple years. However, as a stablecoin and bank-friendly asset, JPM Coin appears to be quite opposite of BTC. As was expected, crypto influencers on Twitter posted their share of sarcasm and comedy in response to the news. Read on Crypto Insider Crypto Insider also posted several other noteworthy articles, including a look at the top blockchain influencers of 2018, a look at Bitmain’s downfall, discussion on reducing bitcoin’s block size to 300kb and the new touchless crypto hardware wallet card from Status. Also included was a piece about a 0.25 BTC bounty hidden in a game of Ms. Pac-Man. The post Weekly roundup Feb. 11 - Feb. 15 appeared first on Crypto Insider.

2 days ago

ConsenSys Touts Crypto Spring at ETHDenver Event

The ETHDenver "buidlathon" conference is unfolding through the weekend, and one of the highlights of the event so far has been ConsenSys. The blockchain startup, which incubates projects built on the Ethereum network, is seemingly distributing booklets from its ETHDenver booth entitled “#cryptospring, an atmospheric report.” Contributors to the report include ConsenSys Founder Joseph Lubin, The Bounties Network Co-Founder Simona Pop, Gitcoin’s Kevin Owocki, and Alethio Data Scientist Danning Sui. The message of the pamphlet appears to be preparing for the crypto spring, which means different things to different projects. Some of the themes discussed on social media were from regulatory, applications, and R&D perspectives. (GT)

2 days ago

XRP Holds Strong After JP Morgan ‘Slaps’ Ripple With Bank-Centric Crypto

Ripple and its go-to crypto asset, XRP, have long been a nuanced topic of discussion in the cryptosphere. Many have argued that the San Francisco-based fintech startup, deemed a company to watch by Forbes, is sleeping in bed with banks, along with other incumbents of the legacy world. But, this might not exactly be the case, as a Wall Street giant recently revealed plans to issue a digital asset that poses somewhat of a threat to Ripple’s operations but not to Bitcoin’s value. Ripple Under Threat Due To JPM Coin? In a move that was straight out of left field, JP Morgan Chase, the world’s sixth largest bank, took to CNBC divulging that it would be launching an in-house crypto asset, fittingly named “JPM Coin.” According to a comment from Umar Farooq, the Wall Street institution’s blockchain division lead, the asset will be backed by physical U.S. dollars and will first be based on Quorum, JP Morgan’s private Ethereum-based chain. Eventually, the asset will go multi-chain, with interoperability solutions allowing for JPM Coin to be transacted in different ecosystems. Related Reading: JP Morgan: Crypto Value Unproven, Bitcoin (BTC) Could Fall as Low as $1,260 in Near Future Farooq remarked that his team intends the venture to eventually be a multi-purpose asset for the bank’s operations, whereas “anything, where you have a distributed ledger, [that] involves corporations and institutions” will use the stablecoin. For now, however, the JP Morgan executive made it clear that the newfangled offering is intended to bolster the company’s internal, yet international corporate transactions. While this project may have an innocuous premise, many crypto commentators quickly took to Twitter to remark that Ripple’s services and the XRP Ledger’s function could come under fire. “This is a huge slap in the face for Ripple,’’ said @Shaughnessy119. “Ripple’s target market is cross-border payments and remittances and now JPMorgan’s effort is a direct threat.’’https://t.co/vAb67rg2kq pic.twitter.com/80qDJ8U061 — Frank Chaparro (@fintechfrank) February 15, 2019 Tom Shaughnessy, the principal analyst at Delphi Digital (recently merged with 51Cryptos), told Bloomberg that JPM Coin is a “huge slap in the face for Ripple,” explaining that the fintech group’s cross-border payments and remittance efforts may go kaput. Travis Kling, the chief investment officer at Ikigai, echoed this sentiment to a tee. He told Bloomberg that while Quorum is much like Google Sheets, rather than Bitcoin, JPM Coin is “clearly competing directly” with Ripple Labs. Both Kling and Shaughnessy then drew attention to what they see as flaws in the nature of XRP. Kling quipped that it’s a “centralized cryptocurrency,” rebutting comments from Ripple’s CEO, as the Delphi Digital researcher remarked that XRP’s volatile nature will be “contentious” for institutions that are looking for cross-border payments. And interestingly, much of the crypto community was in agreement. Esteemed Bitcoin trader Moon Overlord joked that he’s shocked that JP Morgan created their own coin instead of XRP. Others remarked that JP Morgan “killed the XRP dream,” alongside other quips of similar nature. Tushar Jain, a managing partner at Multicoin Capital, remarked that banks were never planning to use XRP for settlements, thus concluding that JP Morgan will “wipe the floor with Ripple.” But, in spite of all these comments, the value of the popular cryptocurrency has held relatively strong. XRP Stands Its Ground According to data from Live Coin Watch, the asset has posted a mere 1.1% loss over the past 24 hours, while BTC is up 0.07%. While XRP’s slight underperformance may be a cause for concern for some of its holders, some have effectively concluded that the JP Morgan news had no notable material impact on the value of the asset. Interestingly, analysts have had mixed reactions about the fact that XRP barely budged when JPM Coin began to trend on Crypto Twitter. Lucid TA, a technical analyst/fund manager, remarked that XRP’s lack of volatility only accentuates that 95%+ of crypto price action is “determined by capital flows and speculation,” rather than fundamentals. He added that from his point of view, the Wall Street bank’s own crypto asset is “extremely bearish” for Ripple. Here we have yet more evidence that crypto prices are 95%+ determined by capital flows and speculation (and not fundamentals!). JPM releasing its own crypto is *extremely* bearish for $XRP, yet the chart hasn't moved a cent. — Lucid TA (@Lucid_TA) February 15, 2019 Crypto Quantamental, another Bitcoin-friendly fund/investment manager, begged to differ, explaining that XRP’s non-action is a “proof of concept” that the asset adds value to the finance ecosystem. While the trader did admit that Ripple isn’t going to challenge SWIFT head-on, it should be able to garner some traction in the business-to-business and small financial institutions space. I view it opposite. It’s bullish. It’s proof of concept of t

2 days ago

Did Bitcoin Miners Shoot Themselves In The Foot By Advocating For Bigger Blocks?

Throughout the history of Bitcoin’s block size limit controversy, one part of the ecosystem that always seemed in favor of a larger block size limit was miners. Whether it was a proposal for an uncapped block size limit or SegWit2x, miners showed their support for a variety of hard-forking increases to the block size limit over the years. Various mining-related companies such as Bitmain and ViaBTC are also huge supporters of the Bitcoin Cash altcoin, which was created out of the scaling wars. Unfortunately for miners, they don’t control Bitcoin, so the protocol has yet to receive a block size increase via a hard fork, although a soft-forking increase was included as part of the Segregated Witness (SegWit) upgrade. On a recent episode of Magical Crypto Friends, the idea that miners may have shot themselves in their collective feet due to the advocacy for bigger blocks was brought up during a discussion around whether blocks are too big today. Miners Made More Money with Smaller Blocks When talking about whether blocks are too big today, Blockstream CSO Samson Mow stated: “If you’re actually a miner, you would not have wanted SegWit — not because of the FUD about SegWit — but just because you would have bigger blocks. And if you’re a smart miner, you also would not have wanted blocks to get bigger too because then you’re making less money off of the fees. So, I honestly can’t figure out why the miners and Bitmain and everyone were advocating for bigger blocks because now they’re making so much less money off of fees than they could have been making.” “It makes no sense to me either. They were making so much money when the blocks were small and fees were high,” added Litecoin creator Charlie Lee. To Mow and Lee’s point, miners were collecting more bitcoin-denominated transaction fees in 2016 and 2017 (when the 1 MB block size limit still existed) than they are today, according to Quandl. However, some of this data (especially the second half of 2017) is likely useless as the entire crypto asset market was in a gigantic bubble at the time. To play devil’s advocate, it’s possible the bitcoin price could be higher if a hard-forking increase to the block size limit had been implemented, which would increase miner revenue through the block subsidy rather than transaction fees. However, as the failure of the hard fork related to the New York Agreement showed, there simply was not consensus for this kind of change. Lately, Bitcoin Core contributor and Bitcoin Knots maintainer Luke Dashjr has been advocating for a decline in the block weight limit (today’s version of the block size limit). However, such a change seems unlikely to happen on the network at this time.

2 days ago

To the Moon, Trading View Says Yes to Bitcoin-BTC Bottoming Up?

Complete with the “mooning” slogan and a Astronauts in the back ground, Bitcoin investors should get ready for a moon-sling. 2019 is not the year of regulators. It is the year of adoption and Trading View is joining the fray, shifting from fiat to crypto and Bitcoin to be specific. Latest news is that the platform-which is popular among traders because of their unparallel relay of real time data, market insights and easy to use technical features, is finally accepting Bitcoin in its purest form. Platform users can now pay for their yearly premium plan with Bitcoin with prices pegged at 0.09 BTCs. “We have locked the Premium plan price at BTC 0.09 to express our support of the crypto community. What this means for you is that the lower the BTC price the higher the discount!” Trading View Premium Plan at 0.09 BTCs The beauty about this arrangement is that traders stand to benefit or pay for premium depending on the demand of the coin. Trending at current rates of $3663.40 against the USD, it will cost a user roughly $330 to subscribe for Trending View’s Premium Plan. If anything, this is cheap but assuming prices bottom up and surge to $6,000, at 0.09 BTCs, subscription will be expensive forcing many to revert back to USD rails. All the same, there are several advantages to be drawn when one subscribe to Trading View Premium Plan. First, subscription supports the site helping them expand their sources—they currently drawn them from more than 25 crypto exchanges including BitStamp, Binance and BitFinex. The more the sources, the more accurate the asset’s fair value is. Secondly, users benefit from an Ad-free experience, enjoy real time chats, unlimited chart layout and watch lists and for technical analysts, the dream of loading up-to 25 indicators in a single chart. Bitcoin Bottoms What’s on everyone mind now is whether Trading View is optimistic of what the future holds and that asset prices have found bottoms. Note that it has been a deep slide with BTC prices sliding 75 percent from 2017 peaks. It also resonates well with claims a cryptocurrency analyst that this is the last time BTC prices will be trading at current levels. As covered by Ethereum World News, the analyst said: “This “could be” the last time the general population can afford to buy an entire $BTC. After 2021 - Bitcoin could move to a market price where most will only buy fractions. Global income per household is debatable, regardless, $BTC speculative value could be out of reach for most” Trading View deciding to accept BTC without tying it to fiat prices also affirms Kaspersky’s finding that Bitcoin use is up 571 percent in the last five years. “Despite a fall in cryptocurrency prices, there is still a strong desire for digital transactions amongst consumers. Our consumer research has found that 13% of people have used cryptocurrency as a payment method, which was surprising to see.” The post To the Moon, Trading View Says Yes to Bitcoin-BTC Bottoming Up? appeared first on Ethereum World News.

2 days 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