• Nagezeni’s trading contest is on fire: one week left to win Lambo
    One week has passed since Nagezeni & Coinsuper launched one of the major trading competitions of 2018, where participants can win a Lamborghini, exclusive watches and 1000 more prizes. The hype around it is undeniable: NZE token has reached the level of x11 in the BTC/NZE pair and, as early as that, the trading volume is up to 25 million. Does it mean that final winners have been determined at this moment? Of course not, there is still time till 17th of December to become number one! This contest is like a fresh breath of air during the prolonged bear trend that almost completely exhausted both crypto companies and traders. Seeing the huge public engagement and the growing NZE token price, it’s clear that competition is exactly what the current market needed. Within the period between 16th of November and 7th of December, EOS/BTC pair fell by 42%, ETH/BTC by 18%, meanwhile NZE/BTC won 206%. The same pattern can be observed in case of the trading volume: whilst major coins are gradually losing market cap, Nagezeni is gaining ground. What’s with those people who haven’t joined the contest since the beginning? Good news: they have time till 17th of ... read more
    Source: Ethereum World NewsPublished on 2018-12-10By Adrian Mathieu
    3 hours ago
  • Financial Action Task Force Urges UK to Improve AML Activities in Cryptocurrency Sector
    A report on the U.K.’s money laundering and terrorist financing strategy highlights the need to address the “emerging” crypto sector ... read more
    Source: CointelegraphPublished on 2018-12-10By Cointelegraph By William Suberg
    3 hours ago
  • Swiss Post and Swisscom to Develop Hyperledger-based Blockchain Platform
    According to a joint press release published by Swisscom and Swiss Post, on December 6, 2018, the two state-owned entities have come together to form a “simple, secure, and sustainable” platform for blockchain applications in Switzerland. Private Blockchain-based Project While the Swiss Post is Switzerland’s national postal service, Swisscom is one of the country’s largest state-owned telecom service providers. The...Read More. The post by Aisshwarya Tiwari appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News ... read more
    Source: BTC ManagerPublished on 2018-12-10By Aisshwarya Tiwari
    3 hours ago
  • LTC trades in red along with major altcoins: LTC Technical Analysis
    LTC trades in red along with major altcoins: LTC Technical Analysis The overall cryptocurrency market has witnessed a downtrend for quite some time. But there are some coins like EOS, Bitcoin SV, Bitcoin, IOTA, and Binance coin which are trading in the green. Therefore a mixed wave of both green and red is being exhibited by the market. EOS gained the highest over the day and is currently held between both Bitcoin Cash ABC and Bitcoin SV. Litecoin [LTC] on the other hand has been facing a decline in price value over the past few days. The coin has lost nearly 10% market cap over a week and around 52.2 % over a period of one month. LTC/USD The 100 EMA line of the coin indicated that the cryptocurrency was exhibiting a downtrend. The MACD indicates that the digital asset is traveling in the bearish zone for quite some time. The RSI of the coin is at 38.48 which points out that the virtual asset is experiencing increased selling in the market. The key support level of the digital currency is placed at $23.31 above which the coin is trading. The crypto asset exhibits a trading range from $24.76-$26.46. LTC had ... read more
    Source: BCFocusPublished on 2018-12-10By Nitin Murali
    3 hours ago
  • Bitcoin Mining Giant Bitmain Is Collapsing – And It Only Has Itself To Blame
    The Israeli research and development arm of cryptocurrency mining giant Bitmain will close, resulting in the firing of all 23 staff due to market “turmoil.” Glikberg: Bitmain ‘Forced’ To Reevaluate As local media outlet Globes reported December 10, Bitmain, which continues to face financial problems of its own this year, will formally end all activities at its offshoot just three years after it began operations. The 23 employees at the Ra’anana site will not be distributed elsewhere, it appears. Commenting on the move, branch manager Gadi Glikberg, who previously also worked as Bitmain’s global vice president, blamed the ongoing deflated price of Bitcoin 00 and other cryptocurrencies. “The crypto market has been in turmoil for the last few months, forcing Bitmain to examine the various activities in the global company and to refocus activities according to the current situation,” Globes quoted him as telling the affected staff members in an announcement. …Over the past three years, we have built an amazing team with the highest performance capabilities in the field, and our development plans included a lot of work on the field of onboarding and digital access to the general public. Just six months ago, Glikberg ... read more
    Source: BitcoinistPublished on 2018-12-10By Esther Kim
    3 hours ago
  • ETHGlobal Hackathon Is Coming to Cape Town, South Africa in 2019
    After six major hackathon events around the globe, ETHGlobal is bringing its event to Africa. The ETHGlobal Hackathon will debut in Africa between April 19 and 21, 2019 in Cape Town, South Africa. The news was announced by ETHGlobal team member Liam Horne on Twitter. The most recent event in the series occurred from December 7 to 9 in Singapore. For the upcoming Cape Town Hackathon, they have set up an ETHCapeTown twitter account and website. What Does ETHGlobal Cape Town Offer? On its website, ETHGlobal writes: “Building a culture of innovation in the beautiful tech hub of Cape Town, South Africa. Leading minds within the blockchain space will join over 200 international hackers, developers and curious minds to collaborate on building a decentralized future using Ethereum. The occasion will be inclusive and educational, inspiring communities through the creative design of blockchain applications. There has never been a better time to be a part of this community.” The event will be the first to be organized in Africa, providing a chance for hackers to put their skills to test. The Ethereum Foundation and Linumlabs are supporting the event. Volunteers and mentors can apply for the event now. ETHGlobal has organized six hackathon ... read more
    Source: BloktPublished on 2018-12-10By Viraj Shah
    3 hours ago
  • Mixed Weekend Performance for Market Leader Bitcoin [BTC]
    Bearish movements near the end of last week resulted in Bitcoin forming a new 2018 low on Friday around $3200. Price managed to record bullish movements over the weekend moving back up above $3600. The start to this week has seen a return to bearish price action with Bitcoin price currently trading around $3450. The outlook remains extremely bearish. The more bullish movements recorded over the weekend likely served to form a lower high and will likely result in the price of Bitcoin dropping even lower than $3200 on its next significant decline. The key level to monitor for Bitcoin price is $3000. This is an area of both significant trading activity last year and a key psychological point for traders. Bitcoin Daily Chart – Source: Tradingview.com While market conditions remain bearish, the downward movements have started to slow down. The initial bearish spark brought the price of Bitcoin from $6400 to $3900 over the space of just two weeks, an almost 40% decline. The past two weeks which have followed the initial bearish movement resulted in price moving from $3900 to $3500, a significant slowdown in depreciation. Traders are likely to be fearful given the sharp declines but are also ... read more
    Source: BloktPublished on 2018-12-10By John Lee Quigley
    3 hours ago
  • Tokeninsight Agency Names World Best Crypto Exchanges
    Tokeninsight, a cryptocurrency analytics agency, has analyzed the dynamics of cryptocurrency trading platforms’ development over three month and named the best cryptocurrency exchanges in the last quarter, Bitcoin.com reports.   The research shows that during the analyzed period, the cryptocurrency market was in difficult conditions. The assessment of crypto platforms was based on their trading volumes, the level of system protection, and regulatory compliance.   The results of the analysis show that the best stock exchange to date is Binance. Coinbase Pro and Huobi were placed second and third. The next in the ranking are Bitfinex and bitFlyer, which took fourth and fifth places, respectively. The Bitstamp exchange was sixth, and the Singapore trading platform KuCoin completes the top. According to the research, attendance rates have declined on almost all stock exchanges, except for the South Korean platform Bithumb, which was placed twelfth.   The reputation of some exchanges suffered from the violation of regulatory rules. In particular, the popular Hong Kong stock exchange OKEx took eighth place because it repeatedly unilaterally changed its trading rules. The exchange several times modified the algorithm for contract delivery and rolled back data. By way of example, Tokeninsight referred to an incident ... read more
    Source: BlockspointPublished on 2018-12-10
    3 hours ago
  • CBDCs: Will Central Bank Digital Currencies Shape the Future
    In the earliest days of crypto, banks and governments instantly discarded any talks about central bank digital currencies (CBDCs). As time went on, talks slowly began but unfortunately, had almost no room for consensus from either side. Moving on to the present, discussions about CBDCs are reaching a state of maturity. In fact, since the last 3 years, CBDCs have been discussed many times at high-level meetings. The Bank of International Settlements (BIS) and the International Monetary Fund (IMF) have been a part of several discussions how a CBDC can be implemented in the near future. That being said, even with the non-stop advancements in blockchain technology, mass adoption of new payment retail innovations is a nightmare. This is mainly due to the fact that the way people shop and pay and use their cards and phones is very different from country to country. Additionally, in some countries there are many preferences when it comes to fees, interest rates and anonymity. CBDCs reaching levels of mass adoption will prove to be a challenge for all institutions Adoption in one country will probably cause a massive amount of problems of the government and institutions. ... read more
    Source: CoinstakerPublished on 2018-12-10By Ian Karamanov
    3 hours ago
  • NEO [NEO] tumbled into bearish zone to trade in red: Technical Analysis
    NEO [NEO] tumbled into bearish zone to trade in red: Technical Analysis On Monday, the cryptocurrency market opened with a positive note which pulled NEO to trade in green for a brief period followed by a sink. Even though the buying pressure was moderately high over the day, however, the 18th most valuable coin could not get rid of the bears. The upward spiral of the major altcoins in the market scenario took this digital currency up to trade in green for a short time-span. At a time of persistent bearish market condition, Neo [NEO] has experienced a major downfall of around 61% in the last one month and stumbled almost 19% in the past seven days. NEO/USD The MACD shows that the digital asset is hovering at the threshold of bearish zone as it is trading with sluggish momentum. The 100 EMA line, at the time of writing, indicates that the coin is exhibiting a downtrend. The coin is trading below the newly formed support level, which can be noted at $6.68. At present, the hourly RSI indicator is marked at 49.1, which implies that the virtual asset is experiencing high seller pressure in the crypto market. Going by ... read more
    Source: BCFocusPublished on 2018-12-10By Ashmita Dutta
    4 hours ago
  • Bitmain lays off 23 employees in Israel branch; company set on path of doom?
    A local Hebrew-language news portal, Globes today reported that the cryptocurrency mining giant, Bitmain will shut down its development center based out of Ra’anana, Israel this week. The branch is run under Gadi Glikberg and will lay off all the 23 employees working at the location. Glikberg, the Vice President of Bitmain will also leave along with the employees. The speculated reason for the shut down is the general collapse of the cryptocurrency market and devaluation of Bitmain in the mining industry as other players start to take over. This year, many reports, including those released by BitMEX Research had reported heavy fund damage dealt by Bitmain as it sold all its Bitcoin [BTC] to buy Bitcoin Cash [BCH]. While some hold the opinion that Bitmain was acting as a central reserve for Bitcoin Cash [BCH], it all soon underwent trauma as the hard fork of the blockchain approached. Recently, Bitmain announced that it will be focusing on the Bitcoin Cash internal war and took off from the Bitcoin ecosystem to fight the conflict. This backfired and resulted in a major collapse of the market where the bear got its revenge on the bull. Currently, the cryptocurrency market appears to be doomed as ... read more
    Source: AMB CryptoPublished on 2018-12-10By Priyamvada Singh
    4 hours ago
  • Cryptocurrency News| Crypto Adoption in Payments Can Save India $4 Billion
    According to a recent report released by the leading media outlet The Economic Times, India will continue to lead all the other nations in payments this year. Crypto in Foreign Inflow of Money The report further disclosed that this year, the Indian citizens who are working abroad sent to home nearly eighty billion US dollars. With the transactions being conducted by many financial institutions, adoption of crypto in payment process could have saved nearly four billion dollars that were spent as service fees. For instance, if a person has to send money globally then there is an involvement of a third party who is disguised as financial institutions and who take an amount of the money being shared. Also, these banking systems take so many days to approve these transactions making the process even more monotonous. Mahmoud Mohieldin, the Senior VP, 2030 Development Agenda, UN Relations and collaborations at the World Bank said that even with the enhanced technologies, payments fees remain very high, dual the SDG target of three percent. He further added that opening markets to competition and publicizing the use of low-cost technologies will lessen the burden on poor customers. As per ... read more
    Source: The Crypto UpdatesPublished on 2018-12-10By admin
    4 hours ago
  • Huobi Group Launches Huobi Russia, a Local Exchange
    The Huobi Group recently announced the inauguration of its Russia offices and the launch of a new local exchange- Huobi Russia. The exchange will be supported by the Huobi Cloud, its regional exchange partnership program. It will be partnering with VEB Digital Transformation Center and Russian experts in blockchain and exchange trading. Huobi’s Russia Launch The new exchange in Russia will help Huobi create a local footprint and expand into new markets. David Chen, senior business director of Huobi, said: “The launch of Huobi Russia will bring the Huobi’s leading technology and trading expertise to Russian users. Huobi Russia gives Russian traders, and cryptocurrency enthusiasts access to Huobi’s unmatched safety, stability, and user experience.” Andrei Grachev is the new CEO of Huobi Russia. Commenting on the beginning of a new Russia project, he said that the trading volume of Huobi Russia is growing despite the current market conditions. The trade volume for the platform exceeded $20 million in just one day. He noted that the platform would be exploring ways to provide blockchain and business development services to users in Russia. Getting the Nod From VEB Bank Founded in 1922, the first international bank of the erstwhile Soviet Union, VEB ... read more
    Source: BloktPublished on 2018-12-10By Viraj Shah
    4 hours ago
  • IronX Hires Ex-CEO of Sirin Labs to Advisory Board
    IronX is the new cryptocurrency venture of Cypriot brokerage IronFX. ... read more
    Source: Finance MagnatesPublished on 2018-12-10By Simon Golstein
    4 hours ago
  • SEC Postpones Bitcoin ETF Decision Once Again
    The new announcement by the US SEC (Securities and Exchange Commission) states that the decision regarding the potential approval of several applications for a Bitcoin ETF (exchange-traded funds) is once again postponed. This time, the SEC declared that the decision will be made by February 27th, 2019. The application requesting that VanExk SolidX BTC fund get s listed on Cboe BZx Exchange that was published on July 2nd needs to be given order by the commission within 180 days. Originally, the deadline for doing so was December 29th. However, the SEC decided to extend the period for another 60 days, effectively moving it to February 27th. The SEC stated that designating a longer period for making a decision was found appropriate, as more time is needed in order to properly consider the rule change. Cryptocurrencies need a sufficient monitoring mechanism, claims SEC chairman Recent reports claim that the SEC received over 1,600 comments after requesting the public opinion regarding the ETF applications issue. In the past, the SEC rejected many such applications, some of which were even submitted by SolidX itself. In addition, they also rejected the applications submitted by Gemini, the exchange owned by Winklevoss twins. Brothers were attempting ... read more
    Source: Global Coin ReportPublished on 2018-12-10By iBankCrypto
    4 hours ago
  • Bitcoin hashrate takes a hit, falls by 31 percent since November: BitMEX Research
    Bitcoin hashrate takes a hit, falls by 31 percent since November: BitMEX Research Cryptocurrencies had a blast in 2017 and the dizzying heights reached by Bitcoin in December is still fresh in the minds of crypto enthusiasts. The meteoric rise of cryptos led by Bitcoin took the world by storm and it established cryptos in the mainstream consciousness. But 2018 has been more of a dampener and the bearish trends witnessed by the market has seen Bitcoin come down by 45 percent. As per a report published by BitMEX, Bitcoin’s hashrate has come down by around 31% (the equivalent of 1.3 million Bitmain S9 miners being switched off). The situation might appear quite bleak for some, but the BitMEX Research team believes that for some miners (those with lower costs), life may not be as difficult as it seems. The Report adds: “Bitcoin mining industry revenue has fallen from around $13 million per day at the start of November to around $6 million per day, at the start of December. This drop in incentives was even larger than the fall in the Bitcoin price, due to a delay in the way difficulty adjusts. In the six-day period ending 3rd December, ... read more
    Source: BCFocusPublished on 2018-12-10By Rakesh Ranjan Parashar
    4 hours ago
  • PayPal Launches Blockchain-Based Innovation Reward System for Employees
    PayPal’s innovation lab based in San Jose has launched a blockchain-based token program that rewards innovation ... read more
    Source: CointelegraphPublished on 2018-12-10By Cointelegraph By Ana Berman
    4 hours ago
  • Blockchain Centralises Databases To Enhance Australian Government Efficiency
    Blockchain is one such thing, quite associated with cryptocurrency. Along with AI, Blockchain is also a foundational pillar named “Fourth Industrial Revolution”. Blockchain is a database of transactions. When transactions are peripheral in the form of blocks, all network participants’ copy of blockchain update together. Few blockchains are public, others are private. Particularly this ASX update reduces the $100 million spent every year on clearing and settling fees. Thus the market participants no longer need to appease their database with ASX. As they have an updated version of stock ownership is available. This is just a radical demo of the private sector using emerging technology to reduce costs and improve efficiency. Including how can the public sector harness this new force. Governments do not have an enviable track record at keeping information private. But, governments are trying new ways to innovate. What are the solutions to these problems? To overcome with the problem of widely dispersed, incomplete databases, the Australian government is rolling out Govpass. With the upcoming years, eight high-volume government services may pilot the digital identity system. This includes more than 500,000 Australians. Once rolled out completely, it will be safer and easier than before for Australians ... read more
    Source: CoinpediaPublished on 2018-12-10By Qadir AK
    4 hours ago
  • Can Crypto be the solution for Yellow Vest protestants in France ?
    France and especially Paris, has seen four consecutive weekends of demonstrations against fuel tax rises, high living costs and other social issues. On Saturday approximatively 125,000 protesters took to the streets, with more than 1,200 taken into custody. President Emmanuel Macron is expected to announce anti-crisis measures in an address to the nation today.The riots are a result of increased taxes on commodities and services for the average French citizen. The government has also taxed Bitcoin in the country and is bearing in mind a tax of 30% on all gains on cryptocurrency. Some protesters were wearing yellow vests with the words ‘Buy Bitcoin.’
    The protests in Paris are an interesting development for economic inequality around the world.People are fed up with governments using the printing press to increase the cost of living, while driving more folks into poverty. pic.twitter.com/z9lgA7cx9n — Pomp 🌪 (@APompliano) December 2, 2018 The realization of Bitcoin’s value has started with an adoption by European citizens, showing the failure with the traditional government controlling fiat and banking systems. Bitcoin could become more adopted in France in the nearest future in the wake of those recent events. As Chepicap reported last month, thousands of ... read more
    Source: ChepicapPublished on 2018-12-10
    4 hours ago
  • Bitmain Closes Israeli Research and Development Center
    According to Israeli media outlet Globes, cryptocurrency mining giant Bitmain has closed its research and development center in Ra’anana, which was established in 2016. The centre’s 23 employees will be laid off, and Gadi Glikberg, the center’s lead, said: "The crypto market has undergone a shake-up in the past few months, which has forced Bitmain to examine its various activities around the globe and to refocus its business in accordance with the current situation." Bitmain has plans to go public through an IPO in Hong Kong, although there are still many issues left to be addressed for the company. One of them is the performance of Bitcoin and the rest of the cryptocurrency market, which has been very poor in 2018. Another issue are Bitmain’s large holdings of BTC and BCH – the latter has been hit particularly hard by the 2018 bear market, losing 95% of its value since January 1. Bitmain is the world’s biggest manufacturer of cryptocurrency mining hardware, and are best known for their Antminer series of ASIC cryptocurrency miners. The company also operates two of the largest Bitcoin mining pools, BTC.com and AntPool. The two pools combined represented 31.6% of Bitcoin’s total hashrate ... read more
    Source: CoinCodexPublished on 2018-12-10By Peter Wind
    4 hours ago
  • Bitcoin Unique Wallet Addresses Surge about 2x, Showing Impressive Growth
    Bitcoin price is currently in the green while the analyst Mike McGlone says, it’s just a reverse from 2017 frenzy. Meanwhile, Bitcoin unique wallet address is registering big numbers while analysts share their bullish views about Bitcoin’s future. Analyst says “Market Reversing the 2017 Frenzy” Bitcoin has lost 82 percent of its value since its all-time high (ATH). At the time of writing, Bitcoin has been trading at $3,568 with over 2 percent gains. The leading cryptocurrency as per the market cap of $62 billion is managing the daily trading volume of $5 billion. Bitcoin 1 year price chart, Source: Coinmarketcap Recently, Bloomberg reported that technical data suggests that Bitcoin price is heading into a negative pattern as it stated, “Bitcoin is caught in a strong selling trend — its most pronounced since the sell-off it underwent mid-year, when the price tumbled from about $9,300 in May to around $6,600 in July, according to the Directional Movement Index. If that plunge is an indicator of how things might play out, then Bitcoin could be in for a continued rout.” Meanwhile, Mike McGlone, Bloomberg Analyst says, “We’re at a classic psychological stage where the market is reversing the 2017 frenzy.” ... read more
    Source: CoinGapePublished on 2018-12-10By Sagar Saxena
    4 hours ago
  • Crypto Trading Platform ErisX Hires Serial Exchange Founder Matt Trudeau
    Matt Trudeau, who has overseen some 10 global market launches, has joined crypto trading firm ErisX as chief strategy officer. ... read more
    Source: CoindeskPublished on 2018-12-10By Ian Allison
    4 hours ago
  • How Will Bakkt & Bitcoin ETFs Influence The Cryptocurrency Industry
    As 2018 is coming to an end, people are preparing for the future improvements that cryptocurrency needs to be a safe place for the investors. Among the most important and discussed things in 2018 – There’s the launch of Bakkt and a Bitcoin ETF in USA. Both of them are expected to be live in 2019, but how could these change the cryptocurrency industry? Why are people waiting for them? What is Bakkt Exchange and Bitcoin ETF? Bakkt Exchange, a business that will launch in a few weeks, is a cryptocurrency platform which will offer a broad list of services such as trading or warehousing. What makes it special though, is the fact that Bakkt is a product by the same company that launched the New York Stock Exchange – and which plans to enter the market with the support or a few large companies. BCG, Microsoft and Starbucks are a few of the names that will support and will probably have a partnership with Bakkt. Bakkt will also support cryptocurrency to FIAT conversions and expects to move up to $270 billion per year. Starbucks will be one of their testing companies, that will allow users to convert crypto into ... read more
    Source: ZerocryptedPublished on 2018-12-10By Zerocrypted
    4 hours ago
  • BBN Times: Security Tokens will Bring Institutional Investors to the Crypto Space
    In a recent article via BBN Times, Jerry Floros highlighted how regulatory clarity will ultimately shift Initial Coin Offerings (ICOs) to Security Token Offerings (STOs). Despite the current state of differing jurisdiction-based compliance, Floros says the regulatory safety found in security tokens is even likely to bring institutional investors onto the cryptocurrency scene. The Shift from ICO to STO Explained Institutional investors, to include hedge funds, mutual funds, REITs, and investment advisors are slowly entering the cryptocurrency space. The reasoning, says Jerry Floros, is due to increased regulations. The ultimate result will entail exponential growth for the security token industry within the next three years. The following explains why. The 2017 ICO-phase has come and gone. The days of crowdfunding based on a 30 page white paper and no MVP have disappeared. In fact, more than 90% of all ‘utility tokens’ are now worth less than their cost at initial offering. Floros says there has been a significant shift from the 2017 ‘crowd’ investor system to a more professional approach which involves institutional investors. The reason, he says, is the added regulation thanks to security tokens. “With FINMA of Switzerland taking the lead, closely followed by Lichtenstein, Estonia, Malta, ... read more
    Source: The TokenistPublished on 2018-12-10By Gary Stevens
    4 hours ago
  • Tronics Support Plan Completes Phase Four As More Dapps Move to TRON
    After announcing the completion of Phase Four of the Tronics support plan, the Tron Foundation will be giving back over 96 million TRX coins from the 13th, 14th, and 15th addresses. These three addresses will be removed from the list of locked addresses by the Foundation. The blockchain is also gaining acceptance among dApp developers quickly with Bitguild moving from Ethereum to Tron. Giving Back to the Community Tron announced that it would be giving back to the supporters over 40,084,942.291066 TRX from the 13th address (TJCT4patUUunwqJkBusWzG6xdfWCcaQ9YN), 30,849,150.245777 TRX from the 14th address (TXStuWCx1rX7Kw61CGjQaGyz9DjQEoLHNA), and 26,800,712.361681 TRX from the 15th address (TPu2anzdQwyX6karyramGnQBoMwdpJSvXH). Before Tron releases the TRX frozen by the Foundation on January 1, 2020, the supporting funds (provided by the supporters) will match the frozen funds. During this period, the TRX will be owned by the community of supporters but will be managed by the Foundation, ensuring that the number of frozen TRX remains unchanged. Tron announced: “The TRON Foundation would like to extend our heartfelt gratitude to all Tronics… We will continue our commitment to the R&D of the TRON public chain, developing and optimizing more DApps, and enriching the TRON ecosystem. We will march forward with our original faith ... read more
    Source: BloktPublished on 2018-12-10By Viraj Shah
    4 hours ago
  • South Korea’s government to take part in first ever crypto debate
    Given that South Korea embraces cryptocurrency with (mostly) open arms, it's no surprise that its government would agree to hold a debate on crypto.The debate will be held on the 10th of December and will involve members from both South Korea’s Congress and national assembly. The meeting was originally arranged by the country’s native cryptocurrency exchanges, including Bithumb, Upbit, Gopax, and Coinone. Due to the nature of the company's involved, the debate will most likely focus on transparency, privacy and proposed regulation of said exchanges. Furthermore, a representative from one of the countries largest cryptocurrency exchanges, Upbit, will head a panel of experts including the Gopax president as well as members of South Koreas regulatory body, the Financial Services Commission (FSA). The landscape for exchanges based in South Korea is ever changing, last month, as reported, the FSA allowed for domestic banks to provide services to cryptocurrency exchanges, including virtual bank accounts. This debate will go a long way to providing further legitimacy for the country's nascent and expanding cryptocurrency industry; South Korea's National Assembly stands once again as an example for other governments to follow. Read more: South Korea will test out a new blockchain voting system this month Follow ... read more
    Source: ChepicapPublished on 2018-12-10
    4 hours ago
  • Facebook Seeks Blockchain Talent for Five New Company Roles
    Facebook has listed five new blockchain-related jobs on its careers page within the past three weeks, as the social media giant continues to explore the technology’s applications ... read more
    Source: CointelegraphPublished on 2018-12-10By Cointelegraph By Marie Huillet
    4 hours ago
  • IOTA [MIOTA] fights to remain in bullish territory: Technical Analysis
    IOTA [MIOTA] fights to remain in bullish territory: Technical Analysis With slight recovery in cryptocurrency market on Monday, IOTA [MIOTA] despite trading in green, is currently struggling to remain in the zone. The week has begun on a high spirited note in the crypto market as the major altcoins have jumped in bullish zone with buyers gradually taking over. However, the 13th most valuable digital asset by market cap has experienced a meagre spike with a persistent seller pressure. In the previous bearish phase, when the market drowned, IOTA [MIOTA] has tumbled almost 17% in the last seven days and plummeted nearly 51% in the past one month. MIOTA/USD The key support level of the digital asset is traced at $0.239 and at the time of writing, the coin is trading below the line. The MACD, at the time of writing, suggests that the cryptocurrency is struggling to continue with a bullish momentum. The 100 EMA line points to the downtrend of the digital currency in the crypto market space. The hourly RSI indicator is traced at 49.9, which indicates that MIOTA is experiencing gradual increase in selling pressure in the market. According to CoinMarketCap data, the total market cap ... read more
    Source: BCFocusPublished on 2018-12-10By Ashmita Dutta
    4 hours ago
  • What is Bitcoin Hivemind? Complete Beginner’s Guide
    Bitcoin Hivemind — originally Truthcoin —  is an open-source, P2P Oracle protocol and conditional prediction market (PM) proposed by Paul Sztorc (Truthcoin) and designed as a Bitcoin sidechain. Hivemind specifically focuses on governance by addressing problems with multi-factor decision making through a conditional PM. The protocol targets a primary use within the voting system by reducing the problems of multi-factor decision making among a group of people coming to a consensus on a decision. The concept is highly ambitious but provides some valuable insights into governance and the capabilities of PMs. Prediction Markets, Information, and Governance Sztorc gave a presentation on Hivemind at the TAB Conference 2018 in Atlanta earlier this year that is very helpful in understanding the more general vision for the protocol. Sztorc identifies that many blockchain applications do not address a real-world problem, and is ultimately the root cause of their inability to remain relevant or practical. The primary problem that Hivemind addresses is the concept of information aggregation, and the lack of viable means to adequately aggregate information in the Internet era. Information aggregation does not scale without markets, and PMs — specifically InTrade — have proven their economic viability even before blockchains were ... read more
    Source: BlockonomiPublished on 2018-12-10By Brian Curran
    4 hours ago
  • Is A Low ETH Price Actually Better For Ethereum?
    The market is still reeling from last month’s bloodbath. What looked like the beginnings of a potential bull breakout at the start of the month descended into a frenzied sell-off midway through. It’s a mixed picture on the markets this morning. Yesterday’s shock rally added $7bn to the market, although it fell back to $112bn by press time. Few would have thought to see Bitcoin (BTC) back down below $4,000, Litecoin (LTC) at $25 and Bitcoin Cash (BCH) treading water at just above the $100 mark. A price slump affects a payment coin’s utility, simply because less can be bought with it. But for cryptocurrencies that are not designed as payment solutions, the market sell-off may have only had a limited impact on the fundamental utility of the project. Ether (ETH), which is used to fuel transactions on the network, is, in itself, not designed for external payments. That’s confirmed by network activity, which has remained relatively constant even with the sharp drop in prices. Even though ether tokens are now worth half of what they were at the beginning of November, activity hasn’t changed much since the beginning of September.  Since October 1st, the daily number of transactions has been ... read more
    Source: Crypto BriefingPublished on 2018-12-10By Paddy Baker
    4 hours ago
  • Stellar Lumens [XLM] targets resistance at $0.13: Technical Analysis
    Stellar Lumens [XLM] targets resistance at $0.13: Technical Analysis Stellar Lumens [XLM] is witnessing a strong bearish pressure. The coin has fallen without finding support today. The prices are struggling to find a positive momentum to trade above the bullish trendline. Currently, the digital asset is witnessing a negative investor sentiment. At the time of writing, XLM spots a market cap of $2.28 billion and is the fourth largest cryptocurrency. XLM/USD An increasing bearish pressure is causing the prices to fall without finding support. The coin has breached its current support level found at $0.118. Next support level for the prices is traced at $0.113. The virtual asset is eyeing the resistance level found at $0.128 to resume trading above the bullish trendline. MACD levels exhibit a bearish momentum for the coin. The hourly RSI indicates increased selling for the coin. The 100 EMA line shows that the crypto asset is on a downtrend. At the time of writing, the digital currency is trading at $0.12 and is marginally falling against USD by 0.59%. XLM/BTC The crypto asset is losing against Bitcoin [BTC] by 1.53%. At press time, one XLM is equal to around 0.00003351 BTC. Stellar Lumens Latest Updates Stellar Lumens ... read more
    Source: BCFocusPublished on 2018-12-10By Priyanka
    5 hours ago
  • TRON (TRX) Back In The Crypto Top 10
    For three weeks now, the crypto market was in a free fall. There was one moment when it seemed like the coins are finally bouncing back, and Bitcoin managed to climb back to $4,200. However, this uptrend was only temporary, and the coins dropped once again as December started. Not a lot of coins are doing well these days, and almost every single one is trading in the red. Bitcoin is currently priced at $3,864, and the total market cap of the crypto space is barely over $123 billion. As expected by many, the bearish trend is still active, and seemingly at full strength. However, there are a few coins in the vast crypto space that are actually managing to grow in these unfriendly conditions, with the most notable one being TRON. TRON on the rise At the time of writing, TRON is also trading in the red. Although, only hours ago, this was not the case. Even now, TRX is losing only around 0.50% of its value, while all other coins around it are dropping by 4-5% on average. TRON’s increase, while it lasted, was not big. However, considering the current state of the market, it was easily enough ... read more
    Source: Global Coin ReportPublished on 2018-12-10By iBankCrypto
    5 hours ago
  • Trust Wallet Announces Bitcoin Support
    Trust Wallet, a crypto wallet owned by the Binance trading platform and running on the Ethereum blockchain, began to support bitcoin, as reported in a blog.   Wallet users who have devices running on the iOS operating system can now trade with bitcoin. Trust Wallet is now compatible with the SegWit protocol, and customers can send and receive funds using Bech32 (bc1) addresses. Users of the Android system will also have the opportunity to make transactions with bitcoin before the end of 2018. Apart from bitcoin and ether, Trust Wallet supports TRON from the first ten most liquid cryptocurrencies. Six other assets that can be traded in the Trust Wallet include Ethereum Classic and VeChain (17th and 23rd positions on the CoinMarketCap). Also less well-known: Wanchain holds 82nd, and GoChain — 147th, POA Network — 299th, and Callisto — 475th places in the rating.    By the beginning of 2019, Litecoin support will be added. The wallet has automatic support for ERC-20, ERC-223, and ERC-721 token standard. The Binance trading platform acquired Trust Wallet in the summer of 2018 as part of its strategic development, including the purchase of several promising companies.   Earlier, the Binance crypto exchange ... read more
    Source: BlockspointPublished on 2018-12-10
    5 hours ago
  • Chinese Internet Court Uses Blockchain to Protect Copyright Online
    An Internet judge in China’s Hangzhou province decided to enlist the help of blockchain to help defend Intellectual Property (IP) rights. China.org.cn reported that the Internet Court in Hangzhou will begin using a blockchain platform to help writers in the region protect themselves from online piracy. The Internet Court in Hangzhou is one of three in China. Instead of using the regular court system, the Chinese internet courts help people to resolve legal matters online. Piracy is a major problem for creatives, but until now, creating a solid record of authorship has been challenging. According to the article that was published by China.org.cn, Hangzhou is, “home to many, if not most, online writers in China.” The news portal states that there are 107 famous online writers living in a writers’ community in the Binjiang District of Hangzhou. The writers have been working on ways to establish ownership over their work, but they are left with few solid options. Blockchain Internet Copyright Law Many of the writers in Hangzhou reportedly print out their articles or download the work as a means of establishing the time of its creation. Both of these methods are relatively easy to counterfeit. Blockchain is an ... read more
    Source: BlockonomiPublished on 2018-12-10By Nicholas Say
    5 hours ago
  • Crypto Mining Giant Bitmain to Close Israel Facility Amid Declining Profits
    According to a report by local Israeli news publication on December 10, Chinese crypto mining giant, Bitmain, is shutting down its facility in Israel. The company is close its ‘Bitmaintech Israel’ center and fire all the 26 employees working there. Bitmain is the world’s largest manufacturer of crypto mining hardware using ASIC technology. The company also takes care of the Antpool mining pool and the cloud-based mining platform Hashnest. Bitmain’s Israel Facility  Founded in 2016, the facility was built in Israel to find applications of blockchain technology, work on the Connect BTC mining pool and help in developing Bitmain’s artificial intelligence (AI) project Sopho. After running for almost two years, the facility is now going to be shut this week. Bitmain vice president as well as head of Bitmain’s Israel division, Gadi Glikberg, is also reported to leave. According to reports, the reason for the sudden closure of the facility is due to the falling cryptocurrency market leaving the firm with minimal to no margins. “The crypto market has undergone a shake-up in the past few months, which has forced Bitmain to examine its various activities around the globe and to refocus its business in accordance with ... read more
    Source: The Crypto UpdatesPublished on 2018-12-10By admin
    5 hours ago
  • Tron [TRX]’s Justin Sun expects 500% increase of dApp activities
    The whole cryptocurrency market has been trying to dethrone the bear in the past few months. However, the bear continues to be a step ahead, chastising those coins that have decided to rebel against its rule. The coins which have been severely bruised by the bear includes the top ones like Bitcoin [BTC], Ethereum [ETH], XRP, Monero [XMR], and Tron [TRX]. However, Tron has shown the ability of quick recovery when compared to the rest of the coin in the market. Justin Sun, the CEO and Founder of Tron Foundation, continues to keep the focus on the development of the network despite the price plunge. The Founder proposed ‘Proposal 7’ earlier this month, which aims to increase the energy limit and also support the developers. At the time of writing, the proposal has been approved by 28 Super Representatives, with zero negative votes. The SRs who approved the proposal includes BitTorrent, Sesameseed, TronWalletMe, BlockchainOrg, BitGuild, dAppHouse, TheLastMe, TronSpark, TronAlliance, RyboTron, Skypeople, uTorrent, callmeSR, TronVietnam, TronsTronics, BitDogSR, Intergactic-Gaming, Tron-Europe, WinTokenCommunity, CryptoGuyInZA, Tron-Society, InfinityStones, CryptoChain, TRXMarket, BitTorrentNow, Alle-Exchange, Lianjinshu, and JustinSunTron. Succeeding which, Justin Sun stated on Twitter: “Proposal 7 is approved by #TRON community. We will expect 500% increase of #DApp activities after the activation ... read more
    Source: AMB CryptoPublished on 2018-12-10By Priya
    5 hours ago
  • Indian Government Panel Suggests Crypto Dealings Should be Illegal, Local Sources Say
    Regulation making cryptocurrencies illegal has reportedly been suggested to the Reserve Bank of India by an Indian government panel ... read more
    Source: CointelegraphPublished on 2018-12-10By Cointelegraph By Adrian Zmudzinski
    5 hours ago
  • Coinbase Reveals the Assets It Is Considering Listing, Including XRP, NEO, Stellar, and EOS
    According to a recent blog post, one of the largest cryptocurrencies exchanges in the US, Coinbase noted it is considering the addition of several new assets on its platform. The list includes several ERC20 and standalone assets including Ripple’s XRP, one of the most highly anticipated coins to arrive on the platform. Offering Support for More Assets In its blog post, Coinbase said: “We are continuing to explore the addition of new assets and will be working with local banks and regulators to add them in as many jurisdictions as possible.” It added that the goal of the exchange is to support new assets that meet listing standards and comply with local laws. It suggests that the exchange intends to list 90% of all assets by market cap. Which Assets Is Coinbase Considering? All new listings on the exchange have to comply with the Digital Assets Framework created by Coinbase that assess a project based on its security, compliance and other crucial factors. The assets that could debut on the exchange include Cardano’s ADA, Ripple’s XRP, Stellar Lumens (XLM), Tezos (XTZ), ChainLink (LINK), Decentraland (MANA), NEO (NEO), Kyber Network (KNC), EOS (EOS) and Dai (DAI). Other tokens being considered for a possible ... read more
    Source: BloktPublished on 2018-12-10By Viraj Shah
    5 hours ago
  • Abu Dhabi Oil Giant Joins IBM to Apply Blockchain for Value Chain Management
    CoinSpeaker Abu Dhabi Oil Giant Joins IBM to Apply Blockchain for Value Chain Management The Abu Dhabi National Oil Company (ADNOC) joined IBM to pilot a much-anticipated supply chain system. The company made this announcement through a press release published on Dec. 9. ADNOC is a state-owned oil company operating in the United Arab Emirates. The company is also a world leader producing 10.5 cubic feet of natural gas and about 3 million barrels of oil daily. According to the press release, the projected has successfully: “Provided a single platform that tracks the quantities and financial values of each bilateral transaction between the involved companies automating the accounting process” Official Announcement Abdul Nasser Al Mughairbi, the ADNOC Digital Unit Manager, made the project announcement recently in London. He was speaking at the World Energy Capital Assembly. Al Mughairbi illustrated his perception of the fundamental technology terming it as the first blockchain application in the oil and gas industry. He said blockchain is a game-changer. It is set to significantly reduce the company’s operating costs through elimination of labor-intensive and time-consuming processes. The technology will strengthen the trading and marketing of ADNOC’s products simultaneously creating long-term sustainable values. According to an ... read more
    Source: CoinspeakerPublished on 2018-12-10By Wanguba Muriuki
    5 hours ago
  • Bitcoin Could Be An Effective Tool For French Protesters
    Many see Bitcoin as an alternative to fiat currencies, and some are advocating its use for the French public to get its desired outcome in the ongoing “Yellow Vest” protest. Max Keiser, an American broadcaster who hosts Keiser Report, a financial program broadcast on Russian state media channel RT that features heterodox economics theories, says French protesters should consider using the Bitcoin as a tool for the protest, which will limit the amount of bloodshed. Bitcoin- A Tool For Protest “If every French person converted 20% of their bank deposits into #Bitcoin (and got a Bitcoin debit card to use for day-2-day stuff), French banks and the government would collapse and a lot of bloodsheds could be avoided,” he said through his Twitter account. Paris has been in a state of chaos, going through the worst riots in over three decades. There was a video footage of yellow-vest wearing crowds, street brawls and police pelt with rocks as shops, cars, and city infrastructure is set on fire. The protests report having been spark by a government tax hike on goods and services. France’s middle class could be facing the brunt of rising prices on necessities such as fuel and transportation. ... read more
    Source: CoinpediaPublished on 2018-12-10By Akeredolu Feranmi
    5 hours ago
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