• Tendermint Says Last Month’s Cosmos Vulnerability Exposed Security Loophole
    Tendermint Inc. – the for-profit entity behind the core technology of the Cosmos network – released today a full disclosure about a former security vulnerability in the Cosmos SDK. ... read more
    Source: CoindeskPublished on 2019-06-17By Christine Kim
    4 hours ago
  • Binance Launches New Bitcoin-Pegged Crypto Token
    Top crypto exchange Binance has recently announced the launch of a new crypto token pegged to Bitcoin, on its native blockchain- Binance Chain. It is called BTCB and it was introduced to the world via a Binance blog post published on the 17th of June, 2019. It will be a BEP2 token, tradeable for its users on both Binance as well as Binance DEX, a decentralized exchange from the house of the same crypto exchange. According to the announcement, this is only one of the series of crypto-pegged tokens that will be launched on its native Binance Chain. These BTCB tokens will be backed entirely by Bitcoin, and the reserves of Bitcoin against which such tokens are held will be clearly visible on the public blockchain. This will make for simpler and more transparent audits, with information easily accessible to anyone through a public blockchain explorer. As the post emphasizes: “The blockchain offers a much easier way to audit a crypto reserve than a traditional bank balance tether.” As for the process of trading, the post mentions: Large buy orders will be maintained on the trading pair on Binance.com, with a price spread of around 0.1%. This provides an easy way for ... read more
    Source: BTC WiresPublished on 2019-06-17By Rushali Shome
    4 hours ago
  • Charles Hoskinson’s IOHK signs MoU with Georgia’s Ministry of Education to explore use of Atala, Cardano
    Input Output Hong Kong, the third-generation R&D firm spearheaded by Charles Hoskinson, Co-founder of Ethereum and creator of Cardano, made a major announcement pertaining to the firm, earlier today. The Twitter announcement made by IOHK stated that the firm had signed a Memorandum of Understanding with the Georgian government. The agreement signed by both parties will see IOHK collaborating with the Georgian Ministry of Education and Science in order to “[identify] & [implement] a range of #blockchain-enabled projects.” Charles Hoskinson said on Twitter, “First MoU signed with the Minister of Education to explore using Atala and Cardano to build a next generation credential verification system for Georgia and beyond” Source: Twitter A post on Cardano’s forum read, “The Georgian government has identified its university sector – and in particular the work currently underway to ensure comparability with higher-education qualifications across Europe – as one area where IOHK’s expertise will be particularly important.” This aside, the research and development forum would also be working with the government’s business and education services. This will focus on developing blockchain-enabled solutions with the use of Atala and Cardano. Both parties will be working together to support blockchain and digital asset-based companies to further secure ... read more
    Source: AMB CryptoPublished on 2019-06-17By Priya
    4 hours ago
  • Binance Keeps Making Progress, Arax and Lition
    Recent inclusions on Binance Chain are crypto wallet Arax and blockchain network Lition. On Friday, Arax Wallet announced that it had successfully merged with Binance Chain (BEP-2). Its users will therefore be able to store their Binance Coin (BNB tokens) on the wallet. With this partnership, Arax wallet will also be able to list all the coins supported by Binance Chain. The company in an official statement stated that, “Integrating Binance chain in Arax allows users to store and trade other coins listed on Binance chain. Not just that, Arax Wallet will also be able to list all the coins supported by Binance chain, making our wallet a bit more universal.” It also pointed out that the Binance coin (BNB) is currently only supported by two wallets, Trust Wallet and itself. Arax wallet is a multi-currency crypto wallet, it offers several financial services among which are holding tokens, carrying out transfers, token exchange with other users, etc. Binance and Lition  Binance also merged with blockchain network Lition. The company in a tweet on Friday announced that its network was now integrated with Binance Chain. It also informed its users that its native token (LIT) would soon be available on ... read more
    Source: AltcoinBuzzPublished on 2019-06-17By Ifeanyi
    4 hours ago
  • Cryptocurrency price roundup – 11th June to 17th June: Bitcoin (BTC) Above $9,000, Facebook Globalcoin, Binance, Top Movers: ZEC, BSV, NEO, QTUM, XMR, ZIL, EOS, ETH
    It’s been another good week for bitcoin (BTC), with the price now trading at 13-month highs, with a $10,000 price not too far off it would seem. Bitcoin at time of writing is priced at $9,185 according to data site cryptocompare, and there are plenty of signs from the past week’s news that the party is only just getting started. A caveat to that comes from eToro analyst Simon Peters today who is holding to the line that a correction may be imminent: “We’re due a significant correction still and prices could fall back to as low as $6,500 before the next major rise.” Factors affecting the bitcoin price progress this week can be filed under three headings: Geo-politics, Facebook and Binance. Attacks on oil tankers in the Strait of Hormuz, through which a quarter of world oil supply flows, and the associated possibility of war between Iran and the US certainly concentrated the minds of those who see bitcoin as a haven play. Also, ongoing China-US trade tensions and the protests in Hong Kong may have helped bitcoin to catch a bid. You can buy bitcoin with a PayPal account at this page. Binance and Bittrex react to US ... read more
    Source: Inside BitcoinsPublished on 2019-06-17By Gary McFarlane
    4 hours ago
  • Is the scarcity principle a factor in Bitcoin’s valuation or is it just crypto white noise?
    The aspect of scarcity is fundamental to the Bitcoin community, with its limited availability often seen as a virtue in a world where governments have unlimited power to print fiat currencies. With the value of Bitcoin increasing day by day, the virtual asset is getting close to its saturation point. At press time, 17,763,712 BTC were in supply, very close to the 21 million Bitcoin supply cap. However, the last BTC will be minted on 7th May 2140. That is almost 100 years from now. So, there is still a significant period of time before Bitcoin’s production halts for good. Many in the community have suggested that Bitcoin’s scarcity has genuine value because it makes the virtual asset “deflationary.” In light of Facebook’s announcement of “Libra” coin, it has been argued that it will not generate any circumstantial threat to Bitcoin, solely on the fact that Bitcoin was scarce and Libra was not. A recent Medium article released by Forbes summed up the scenario. It stated, “It will take time, but Facebook will greatly accelerate the pace of teaching people about cryptocurrencies. And when this happens, more people will turn to bitcoin for one simple reason — bitcoin is scarce, ... read more
    Source: AMB CryptoPublished on 2019-06-17By Biraajmaan Tamuly
    4 hours ago
  • Binance to Offer Bitcoin-Pegged BEP2 Token for Trading
    Binance has announced the launch of crypto-pegged BEP2 trading pairs starting with a bitcoin-pegged token – BTCB. Bitcoin-Backed Token to be First Ever Crypto-Pegged BEP2 The crypto exchange giant announced the news via a blog post on its website published on Monday (June 17, 2019). According to the statement, Binance plans to offer crypto-pegged tokens on its DEX platform beginning with BTCB. Users will be able to trade the BTCB/trading pair. According to Binance, the trading pairs of these BEP2 tokens will always that of a pegged token and its native cryptocurrency. Binance says each crypto-pegged BEP2 token will be fully backed by the native cryptocurrency. The company says it will also provide the address to the reserve wallet so that interested persons can perform their own personal audit. Changpeng Zhao, the Binance chief even posted a lighthearted Tweet a few hours before the announcement saying there would be a 9001 BTC transaction originating from the platform’s wallet.
    There will be a transfer of 9001 BTC soon, no need to FUD. It's for a good thing, details to follow. Waiting for whale_alert. — CZ Binance (@cz_binance) June 17, 2019 Anyone looking to keep tabs on ... read more
    Source: BitcoinistPublished on 2019-06-17By Osato Avan-Nomayo
    4 hours ago
  • Derivative Guide: Choosing the Right Contract Based on Trading Strategy
    Financial markets have a plethora of derivative contracts that each serve their own distinct purpose. Futures and options are widely known contract standards that run on exchanges, but most forex traders are more familiar with CFD’s – an easier way to leverage yourself in the market without the strict funding requirements as options and futures.Read MoreRead More. The post by Ashwath Balakrishnan appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News ... read more
    Source: BTC ManagerPublished on 2019-06-17By Ashwath Balakrishnan
    4 hours ago
  • Two Startups To Enable Amazon Payments In Ether
    CLIC Technology, which is a crypto payments firm, revealed on 13th of June, in a press release, that they are to collaborate with B2B blockchain infrastructure company Opporty to jointly develop an in-browser extension allowing customers to make purchases from Amazon with the ether (ETH) cryptocurrency. Due to the strategic partnership between the two DLT startups, Amazon customers will be able to pay for items using ether soon. The proposed in-browser app, which will be based on Plasma Cash design pattern for off-chain processing of on-chain assets, and will eventually foster a crypto-powered economy among the masses. The idea of Plasma Cash was unveiled by Vitalik Buterin last year. It is considered by many to be Ethereum’s answer to Bitcoin’s Lightning Network. Currently, on average, the payment platforms built on the Ethereum network can handle about 20 transactions per second, which is way lower than what one might expect from an enterprise-grade financial systems solution. Amazon processes more than 300 transactions per second. However, with Opporty’s Plasma Cash, CLIC Technology is sure that not only will they be able to process a more significant number of transactions per second but also dramatically reduce the processing weight on the network. The throughput ... read more
    Source: BTC WiresPublished on 2019-06-17By Rishma Banerjee
    4 hours ago
  • 2024 Halving Will make Bitcoin have $30 Trn Market Cap & BTC Will be worth $1.5Mln – Data Reveals
    The halving of Bitcoin which takes place after every 210,000 blocks have been mined, representing 4 years interval, has been addressed as a catalyst initiating higher prices for Bitcoin in the market due to what has been obtained in the past, and the scarcity it creates by reducing miners’ reward by 50%. However, analysts and observes are only measuring the impact of the next halving on Bitcoin’s price as the crypto asset rises towards the ceiling, while disregarding the upper one which will take place 4 years after the May 27th 2020. Before or after the 2020 halving, Bitcoin is sure of seeing another new all-time high, and if it bottoms afterwards, it will likely not reach the last bottom value. Therefore, along with the way history has been playing, a new gigantic high would be seen before or after the 2024 halving. According to a research made by a renowned financial qualitative analyst, Bitcoin, based on its present market trend, will have a total market cap of $30 trillion Dollars after the 2024 halving. “Both Bitcoin S2F growth path (95% R2) and Commodity Stock-to-Flow Line (99.5% R2) point to Bitcoin with S2F100+ and $30trn total market value, after 2024 ... read more
    Source: Todays GazzetePublished on 2019-06-17By Khalid Lawal
    4 hours ago
  • Crypto Week #24 Overview
    Binance will stop providing services to U.S. customers. Bitfinex launches LEO’s real-time transparency initiative. Facebook's cryptocurrency is backed by Visa, PayPal & others. ... read more
    Source: Coin360.comPublished on 2019-06-17By The COIN360 Editorial Team
    5 hours ago
  • Bitcoin continues to scale new heights after Wasabi Wallet records first ever 100-person CoinJoin
    Bitcoin [BTC], the largest cryptocurrency in the market, has successfully breached the $9000 mark, boosting the market sentiment. Notably, the digital currency was not the only coin to rise in the market as other coins such as Ethereum [ETH] also registered a significant rise in the market. According to CoinMarketCap, at press time, Bitcoin was trading at $9181, with a market cap of $163.101 billion. The 24 hour trading volume of the cryptocurrency was recorded to be nearly $22.778 billion, with the coin recording a significant rise of over 17 percent in the past week. Keeping the price surge aside, the coin has constantly been in the headlines with news pertaining to its development and new milestones. The coin was placed in the limelight of the cryptocurrency space after report by researchers at the Technical University of Munich [TUM]  claimed that Bitcoin’s carbon footprint was between 22 and 22.9 megatonnes/year, almost the same as that of Vienna or Las Vegas. Further, the coin recently marked a new milestone after Bitcoin surpassed a million daily active addresses, with the last record on the same dating back to November 2017. Weiss Ratings heralded the same, tweeting, “Bitcoin passed an interesting milestone – there ... read more
    Source: AMB CryptoPublished on 2019-06-17By Priya
    5 hours ago
  • Binance announces the launch of Bitcoin-pegged stablecoin BTCB
    Binance recently confirmed that it would be launching its first stablecoin pegged to the British pound, with chief financial officer, Wei Zhou stating that this would be the first of many stablecoins. Now, according to Binance’s blog, the exchange is gearing up to launch stablecoins pegged to various cryptocurrencies as well. ... read more
    Source: ChepicapPublished on 2019-06-17
    5 hours ago
  • Four Security Token Predictions for 2020
    Recently, Matt Dibb of STORating.com wrote about his four ‘outrageous’ predictions for the security token space for 2020. Here’s a recap of his thoughts and whether or not they’re feasible.  The security token market is expected to grow significantly in 2020, but what can we expect? Here are four bold predictions by Matt Dibb of STORating.com. Wrapping Traditional Assets As Tokens Will Be Most Popular Dibb’s first prediction is that wrapping traditional assets as tokens will prove to be more popular than creating security tokens from scratch. That’s ultimately the promise of the security token space: to boost the liquidity of traditional finance. On this point, Dibb is on the mark: adoption will come from traditional asset classes being tokenized. The First Hugely-Successful Security Token Will Fractionize a Massive Private Tech Company or Fund Security tokens are set to disrupt traditional finance, but its technology allows us to fractionalize ownership of major funds and tech companies. What this means is that we could have a secondary market for SpaceX, AirBnB, or even Apple. Ultimately, Dibb believes this will prove to be the spark that allows for the security token space to quickly expand: it will come by making security token ... read more
    Source: The TokenistPublished on 2019-06-17By Sia Mohajer
    5 hours ago
  • Ethereum Price Analysis: ETH Soon To Record a New 2019 High?
    Over the past few days, Ethereum has continued to climb higher and has now reached the May 2019 resistance area between $271 – $279. This area had caused ETH to retrace as the bulls struggled to break above it during May 2019. Ethereum has now increased by a total of 13% over the past 7 days – but some of the technical indicators suggest that the current resistance still may be too strong for ETH. Ethereum remains the second largest cryptocurrency with a current market cap of around $29.12 billion. The coin has been on an incredible bull run over the past 3 months, increasing by a total of 94%. Looking at the ETH/USD 1-Day Chart: Since our previous ETH/USD analysis, we can see that ETH/USD continued to climb higher from the $250 support level but has now reached the aforementioned resistance area around $271 – $279. We can see that the cryptocurrency spiked higher toward the $279 level in yesterday’s trading, however, the price was unable to break above this level. From above, if the bulls can break above the upper boundary of the resistance range at $279 – and above $280 – the next levels of ... read more
    Source: CryptoPotatoPublished on 2019-06-17By Yaz Sheikh
    5 hours ago
  • Bitcoin Outpaces any Fiat Currency Payment System – Lawyer Turned Crypto Pundit Explains
    Bitcoin continues to garner needed popularity in the global economy. It has to keep competing and convincing with its utilities in the payment industry before its adoption can be ascertained. However, a Lawyer turned crypto analyst has points to prove that BTC outpaces any fiat currency payment system. There have been growing expectations that Bitcoin would overrule the functionality of fiat currencies in the close by future. BTC maximalists are up and doing in the campaign to educate and prove its utilities to global bodies, in order to speed up its global adoption. Bitcoin, the largest cryptocurrency by market cap has faced stern challenges and criticisms from the maximalists of other assets, especially Gold. One of their points against BTC is based on its high volatility, thus bring them to conclude it wouldn’t be good as means for payment. A host of countries of the world are making moves to ban or curtail the operation of digital currencies. Bitcoin has generally been their main target. The growth of BTC seems challenging to national currencies of nations like India, United States, China and others. Facebook’s GlobalCoin also known as Libra is underway. This is seen as a big challenge that might ... read more
    Source: Todays GazzetePublished on 2019-06-17By Solomon Odunayo
    5 hours ago
  • New Japanese Coalition For Information Sharing Will Use Blockchain To Ensure Security
    Blockchain has always been praised for its immutability and security, which has proven to be an asset in information storing and sharing for many major corporations and government bodies. Once again, it is these features of Blockchain that are being used by the Japanese in a new data collection initiative. Reportedly, 100 Japanese manufacturing firms have come together to build an information sharing platform using blockchain technology. First published in Tokyo-based financial outlet Nikkei, the report states that the manufacturers are looking forward to the increase in efficiency and security that such a technology would bring to the platform. The priority for such companies who are dealing with extremely sensitive data is that they are looking to keep the information sharing process completely secure and they belive that a technology like blockchain would be able to facilitate that process for them. As the times are progressing, sharing data with competitors is being viewed as an asset rather than a liability. So all these Japanese companies are looking to take part in this information exchnage so as to boost their own growth. Multinational electronics manufacturer Mitsubishi Electric and industrial robotics manufacturer Yaskawa Electric are among the few top names on the ... read more
    Source: BTC WiresPublished on 2019-06-17By Sumedha Bose
    5 hours ago
  • Litecoin Foundation Partners With Glory Kickboxing to Launch Litecoin Payments for Fight Nights
    Glory Kickboxing has announced that Litecoin will now be accepted as a payment method for ticket purchases on fight-nights. Litecoin Advances to Kickboxing Kickboxing promotions company, Glory, has announced that it will be accepting Litecoin payments for fight-night tickets. In line with the integration of Litecoin as a payment method, the firm also announced the introduction of a special package for those choosing to pay with the crypto asset. According to the company, upon every ticket purchase made with the cryptocurrency, there will be a VIP package deal which will enable the parties involved to enjoy the fight-nights in style. This deal is set to kick off at the next fight. Based on the kickboxing promotion firm’s calendar, the next fight is scheduled to take place on 22nd June at Paris La Villette in Paris, France. This, in line with the company’s launch of the #PaywithLitecoin campaign, enlists those opting to join in by using Litecoin or paying with Bitcoin for a VIP ticket along with other promotional packages. These packages include a free event t-shirt, an autographed event poster, a tour backstage as well as an opportunity to meet up with the athletes. According to the firm’s website, only ... read more
    Source: AltcoinBuzzPublished on 2019-06-17By Ifeanyi
    5 hours ago
  • Ripple welcomes one of the ‘Big Four’ South Korean exchanges, Coinone to Ripple Net
    Coinone, hailed in Asia as one of the continent’s “Big Four” cryptocurrency exchanges, is set to join the Ripple family. Announced on June 17, the exchange performs cross-banking services, while implementing Ripple’s xCurrent solution in its operations. The partnership between the San Francisco-based blockchain payments giant, Ripple, and Japan’s SBI Holdings called SBI-Ripple Asia, will see the participation of Coinone. With a growing number of cross-border transactions emanating from the southern half of the Korean Peninsula, several companies have been looking to capitalize. Coinone’s addition to the Ripple network is the first such inclusion of a South Korean cryptocurrency exchange. Speaking about the partnership, CEO of Coinone, Shin Won-hee, told K Banker, a Korean media outlet, “We hope that the cooperation between Coinone and SBI Ripple Asia will provide allow us to introduce a range of financial services that make use of blockchain technology.” Coinone’s official Twitter account added that this integration is ‘about Ripple,’
    It’s about @Ripple, also it’s about @Cross. We’re using #xCurrent for our service in S.Korea. Check out #Cross https://t.co/RMaHaFReUD — Coinone (@CoinoneOfficial) June 17, 2019 Following the CEO of SBI Holdings, Yoshitaka Kitao, being appointed as a board member at Ripple, the Pacific partnership between ... read more
    Source: AMB CryptoPublished on 2019-06-17By Aakash Athawasya
    5 hours ago
  • Samsung Mulls Collaboration with Blockchain and 6G Firms to Stay Competitive
    According to a Bloomberg report published June 16, 2019, South Korean tech giant Samsung is seeking to collaborate with next-generation platform firms to stay competitive in the rapidly advancing technological industry. Keeping Pace with Time Since the dawn of the Internet age, the pace of development in the tech space has been astronomical. Just withinRead MoreRead More. The post by Aisshwarya Tiwari appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News ... read more
    Source: BTC ManagerPublished on 2019-06-17By Aisshwarya Tiwari
    5 hours ago
  • stableDEX.io: A Stablecoin Exchange that will Revolutionize the Crypto Trading Industry
    Cryptocurrencies have been a booming industry for the past several years and there seems to be more potential for this industry in the future, especially due to the growing acceptance and continued developments like the introduction of stable coins which address and solve the issue of excessive volatility and market inefficiencies in the crypto space. Better technology and platforms like stableDEX, which will be fully operational in less than a month, are expected to revolutionize the industry and make it a better place for traders, crypto enthusiasts and everyone involved in the financial markets. The stableDEX platform offers a 100% decentralized peer to peer trading environment. By using stableDEX the users retain full custody and control of the assets within their wallet. The platform offers most of the stablecoin pairs that are currently traded and many more asset-backed tokens will be listed ongoing. stableDEX will offer many tools to assist and support the trading community. Margin Trading to increase the transactional capacity, automated trading for the traders using algorithms with top speed execution. Asset Manager tools to enable decentralized 3rd party trading. stableDEX has its own platform currency called the STDEX token that can be used to pay transaction fees ... read more
    Source: AMB CryptoPublished on 2019-06-17By Guest Author
    5 hours ago
  • Algorand, a Dapp Analytics Suite, Goes Open Source
    The Flipside Crypto partnership will provide a free user engagement analytics suite. ... read more
    Source: CoindeskPublished on 2019-06-17By Daniel Kuhn
    5 hours ago
  • Contentos Joining Binance Chain to Explore the Content Blockchain Ecology in a Win-win Cooperation
    Coinspeaker Contentos Joining Binance Chain to Explore the Content Blockchain Ecology in a Win-win CooperationChangpeng Zhao, CEO of Binance:“We warmly welcome Contentos community as part of our initiative to assist Binance Chain to reach mass adoption by the general public.”As a public blockchain project with a mass of believers in the Asia Pacific market, Contentos has, in the first half of 2019, gradually demonstrated the strength of a cutting-edge project in the public blockchain technology R&D and progress of building global ecology.In the future, Contentos will support the transactions and interactions of over 60 million monthly active content ecology users. Its test net has, in early June, announced to enter the v.03 Venus version as scheduled, including the expansion of up to 10 block nodes, addition of the node election process, economic system model optimization, the enhanced security of consensus mechanism and increased endurance.In terms of IP content and technology ecology, Contentos’ partners have covered Ethereum, TRON, EOS, Ontology, ICON and other well-known public blockchain game and entertainment dApp, and concluded an ecological cooperation agreement with Tomochain, “The Ethereum in Southeast Asia”.Mick Tsai, Co-Founder of Contentos, from Taiwan, has served as Product Research Director in the field of network security ... read more
    Source: CoinspeakerPublished on 2019-06-17By Kseniia Klichova
    5 hours ago
  • World’s Major Broker TP ICAP Expands to Bitcoin Futures
    Coinspeaker World’s Major Broker TP ICAP Expands to Bitcoin FuturesA major international brokerage firm TP ICAP has just announced that they are expanding their services and will offer Bitcoin futures trading. TP ICAP is a global firm of professional intermediaries that operates in the world’s financial, energy and commodities markets. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.These actions are not as sudden as they might seem. About a year ago, TP ICAP formed a working group with the primary goal of examining how to approach cryptocurrencies. Now a year later, we see their plan on how to approach them. They are becoming one of the few firms in the business to offer Bitcoin futures trading. However, Duncan Trenholme, the project manager, feels that many companies will enter the Bitcoin futures market over the next year or two: “[Many institutions] are exploring how tokens can legitimately be traded or stored and I’d expect more projects to hit the market over the next year or two.”At the moment, TP ICAP is working with cash-settled futures contract that trades on a regulated market controlled by the CME Group.Struggle in the Brokerage BusinessApparently, the company ... read more
    Source: CoinspeakerPublished on 2019-06-17By Janis Rijnieks
    6 hours ago
  • Cryptocurrency Exchange Execs to Meet Global Financial Leaders along G20 Sidelines: Report
    The world’s largest cryptocurrency Exchange representatives will sit together with Global finance leaders and global policymakers of the G20 Association in Japan later this month, according to a Financial Times report. Circle, Coinbase, bitFlyer, Kraken, and Huobi have all been confirmed as attendees of the meeting. The Conference has been dubbed as V20, a Virtual Asset Service Providers Summit. We have also reached out to other Exchanges about the agenda of the meeting and their propositions. Virtual Assets Provider Conference, V20 Summit The Summit has been called in light of the new guidelines to be implemented by the FATF for VASPs (Virtual Assets Service Providers). The new proposal plans to implement a new law which requires the Exchanges to share their customer data to the relevant parties and authorities on demand like a bank. However, the Exchanges are proposing against it as it could drive them out of business as people might start leaving the Exchanges due to privacy concerns. Moreover, the AML/KYC compliance is already in effect, which must be sufficient for regulatory concerns. The media also reported that Exchange executives also doubt the feasibility of the information-collection rule. Ricky Li, the co-founder of Altonomy, the digital asset trading firm, ... read more
    Source: CoinGapePublished on 2019-06-17By Nivesh Rustgi
    6 hours ago
  • Bitcoin briefly sets new yearly high of $9,400, next stop $10,000?
    With Bitcoin just having broken through $9,000 yesterday, the coin has continued its stellar performance even going so far as to very briefly set a new yearly high of just over $9,400. ... read more
    Source: ChepicapPublished on 2019-06-17
    6 hours ago
  • Fusion (FSN) to migrate a portion of tokens to Binance Chain
    Fusion (FSN) to migrate a portion of tokens to Binance Chain - CryptoNinjas Fusion, the interchain protocol, has announced that it will be integrating into the Binance Chain ecosystem. The first part of the engagement involves integrating Fusion’s FSN token with Binance Chain. Also, Binance’s BNB token will be one of the first tokens made compatible with Fusion’s interoperable public chain. “Here at Fusion we want to ensure […] Fusion (FSN) to migrate a portion of tokens to Binance Chain - CryptoNinjas ... read more
    Source: CryptoNinjasPublished on 2019-06-17By CryptoNinjas
    6 hours ago
  • Europol To Use “Serious Game” To Train Federal Workers Fight Crypto Crimes
    Europol has announced that it will develop a game in order to train the federal workers on how to trace cryptocurrency movements to detect illicit activities. This announcement comes as part of other crypto-security discussions during the Europol’s sixth Cryptocurrency Conference which took place from June 12-14th and was attended by over 300 cryptocurrency experts from law enforcement and the private sector. Given the anonymity behind cryptocurrency transactions, tracking these illegal crypto activities have been difficult for law enforcement organizations all over the world. A recent example can be cited- the theft of $40 million from the Binance cryptocurrency exchange. The total sum was being divided into smaller parts by the hackers and distributed to a number of wallets in order to make the tracing of funds nearly impossible. Though the transactions were visible on the public blockchain, there were no possible ways to track down the criminals behind it. The game, or the new “cryptocurrency-tracing serious game” by the Europol, will be helping the law enforcement officers to look at these from the other perspective. They will be able to play the criminals at their own game by tracking down their crypto funds movement. The game is being developed ... read more
    Source: BTC WiresPublished on 2019-06-17By Rishma Banerjee
    6 hours ago
  • Bitcoin vs. Litecoin Price Analysis: Bitcoin vs. Litecoin (BTC) Booking New Highs, Litecoin (LTC) Acting Soar
    Bitcoin and Litecoin are often seen walking on the same road. Bitcoin is age-old cryptocurrency whereas Litecoin is comparatively new. The market surge is usually controlled by Bitcoin. A few days back, when the entire market was falling, Bitcoin was the only coin climbing up. The coin not only kept its head held high but … The post Bitcoin vs. Litecoin Price Analysis: Bitcoin vs. Litecoin (BTC) Booking New Highs, Litecoin (LTC) Acting Soar appeared first on CryptoNewsZ. ... read more
    Source: CryptoNewsZPublished on 2019-06-17By Ruti Vora
    6 hours ago
  • Ethereum Classic releases Parity-Ethereum 2.5.2-beta to allow Atlantis hardfork on Morden, Kotti Classic networks
    The original Ethereum [ETH] Co-founders, Vitalik Buterin and Charles Hoskinson, have contributed immensely to the crypto’s growth, while creating complete ecosystems as foundations to build future projects. Amidst the numerous hardforks, a continuation of the original Ethereum blockchain, Ethereum Classic [ETC], has also given rise to numerous projects that currently stand at the frontier of crypto-adoption and development. The ETC-inspired Parity Ethereum is delivering updates aimed at enabling hard forks on various blockchain networks. One of its latest updates, Parity-Ethereum 2.5.2-beta, will enable users perform the Atlantis hardfork on Morden and Kotti Classic networks. The Atlantis hardfork is a protocol upgrade that can incorporate pre-activated EIPs on Ethereum. Additionally, it will also help in easier migration of DApps between networks. The news was revealed by Ethereum Classic’s official twitter handle, which said, “Update enables Atlantis support on the #Kotti and #Morden ETC testnets. New Versions of ‘Parity-Ethereum’ Available: v2.5.2-beta; v2.4.7-stable” The update was expanded upon by the Github page that calls the update “a bug-fix release that improves performance and stability.” The previous upgrade brought in hardforking capability by introducing Petersburg and Kovan Network community hardforks on the Rinkeby and POA-Core Networks. While the supposedly fastest and lightest Ethereum client remains focused on delivering highly customizable blockchains for private use, speculators within the crypto-industry have taken notice ... read more
    Source: AMB CryptoPublished on 2019-06-17By Arijit Sarkar
    6 hours ago
  • Ethereum (ETH) Rally Past $300 Still In Play, Mini Altcoin Season Likely
    Ethereum (ETH) is still on track to rally towards the $300 mark and possibly well past it to touch the top of the ascending channel. The daily chart for ETH/USD shows that the price has found strong support atop the 21 day exponential moving average. As long as it remains above this level, we can expect it to continue its rally towards the top of the channel. So far, Ethereum (ETH) has failed to outperform Bitcoin (BTC) as we see BTC/USD leading most rallies with higher gains compared to ETH/USD. All that could change during the next rally with the beginning of a mini altcoin season that might see Bitcoin (BTC) profits flow into altcoins short term. This is the only strong catalyst that could see Ethereum (ETH) rise towards the top of the ascending channel, otherwise it would get stopped out well before that happens. A lot fo things about this recent rally has been about make-believe. The whales managed to pump the price higher and higher with the retail bulls now fully convinced that the bear market is over and a new bullish cycle is about to begin. For the whales, this is about picking highe price points ... read more
    Source: CryptodailyPublished on 2019-06-17By Jefe Caan
    6 hours ago
  • Charles Hoskinson signs Cardano Atala deal with government of Georgia
    Charles Hoskinson, the CEO of IOHK and co-founder of Ethereum, signed a memorandum of understanding with the minister of education of Georgia and the Free University of Tbilisi to use Cardano and Atala for a blockchain-based credential verification system.
    First MoU signed with the Minister of Education to explore using Atala and Cardano to build a next generation credential verification system for Georgia and beyond pic.twitter.com/Z9tlKpI8Mn — Charles Hoskinson (@IOHK_Charles) June 17, 2019 The MoU represents a broad outline of the agreement between IOHK and the government of Georgia and Free University of Tbilisi reached through negotiations but it is not a legally binding document. It does, however, signal the intention of all parties to move forward with a contract. Atala is IOHK’s enterprise blockchain solution, similar to IBM’s Hyperledger Fabric, with applications such as registrations and deeds, localized currencies, and supply chain catered towards governments. Unlike Hyperledger Fabric, Atala will focus on cryptocurrency adoption according to Hoskinson. Atala may expose the Kingdom of Georgia’s 10 million people to Cardano and its Ada token. In May, IOHK inked a similar deal with the Ethiopian government to build a payment system in Addis Ababa, the country’s capital. ... read more
    Source: CryptoslatePublished on 2019-06-17By Mitchell Moos
    6 hours ago
  • JP Morgan Analyst Admits Institutions are Behind the Bitcoin Bull Run
    An analyst associated with the US multinational bank JP Morgan Chase has admitted that institutional investors are behind the ongoing bitcoin price boom. Bloomberg quoted Nikolaos Panigirtzoglou saying that the market hugely understated the importance of the listed bitcoin futures contracts, mostly because of the overstating of trading volumes by cryptocurrency exchanges. But after asset management firm Bitwise clarified that almost 95 percent of the total reported volumes in the bitcoin market might be fake, the actual amounts posted by the bitcoin futures contracts started showing a bullish picture. Panigirtzoglou found that exact volumes on the CBOE and CME futures contracts in May surged to $12 billion in May from April’s $5.5 billion. In contrast, the Q1/2019’s monthly aggregate volume was close to $1.8 billion. Excerpts from Panigirtzoglou’s report: “The overstatement of trading volumes by cryptocurrency exchanges, and by implication the understatement of the importance of listed futures, suggests that market structure has likely changed considerably since the previous spike in Bitcoin prices in end-2017 with a greater influence from institutional investors.” Change of Heart Panigirtzoglou’s statement closely followed a contrary paper he published on May 17. The JP Morgan report explained how bitcoin’s intrinsic value typically gets determined by its mining expenditures, stating that bitcoin ... read more
    Source: News BTCPublished on 2019-06-17By Davit Babayan
    6 hours ago
  • Analyst Suggests XRP Can Hit $28 If It Follows Bitcoin’s Bull Market Trend
    There is an analyst that believes that XRP could eventually hit $28 if the digital currency follows Bitcoin’s upward trend during the next bull run. According to Credible […] The post Analyst Suggests XRP Can Hit $28 If It Follows Bitcoin’s Bull Market Trend appeared first on UseTheBitcoin. ... read more
    Source: Use The BitcoinPublished on 2019-06-17By Carlos Terenzi
    6 hours ago
  • TP ICAP Enters Crypto Market With Bitcoin Futures
    The interdealer broker plans on adding non-deliverable forwards and opening desks in the US and Asia ... read more
    Source: Finance MagnatesPublished on 2019-06-17By David Kimberley
    6 hours ago
  • Cardano Price Analysis: Cardano (ADA) Got Listed On A New Mobile App
    Cardano (ADA) got listed on the Crypto.com App. Now one can buy and sell Cardano at true cost with bank transfer and credit card as well. The date of Israel meet is fixed, it’s on Monday, June 24, at AYEKA. In the meet, Charles Hoskinson, the developer of Cardano, will be delivering a keynote speech … The post Cardano Price Analysis: Cardano (ADA) Got Listed On A New Mobile App appeared first on CryptoNewsZ. ... read more
    Source: CryptoNewsZPublished on 2019-06-17By Roxanne Williams
    6 hours ago
  • As Far as Blockchain is Concerned, Samsung Trumps Apple and It’s Not Even Close
    Cryptocurrencies have moved far beyond the simple act of Bitcoin trading and other conventional transactions. Organizations and governments around the world have come to see the transformative power of crypto assets and blockchain technology, and it seems that some companies are more sold on the idea of moving into blockchain than others. Earlier today, Bloomberg published a report which detailed that Samsung is working and actively seeking partnerships as part of a potential venture into 6G connectivity and blockchain technology. Citing a company statement, the news outlet noted that the Korean telecoms giant is looking into acquiring platform companies and adjusting to the shifting technological climate. as part of its attempts to ensure smooth adaptation, Samsung is now said to be looking into the development of 6G connectivity and making a foray into blockchain. The move signals massive progress for the global blockchain industry, but it is also indicative of something much larger; Samsung is gearing up to beat Apple, and things could get much worse for the Cupertino giant. Apple’s already lagging behind with 5G Here’s a quick rundown of how things stand between both mobile phone manufacturers; according to a report by Statistica, Samsung holds a significant ... read more
    Source: Inside BitcoinsPublished on 2019-06-17By Jimmy Aki
    6 hours ago
  • Bitcoin Cloud Mining Startup Miningzoo Receives Strategic Investment from Institutional Investors
    -Long crypto, short fiat! Looking for an easy and smart investment solution for the crypto market? Cloud mining of bitcoin at Miningzoo.com is the answer for you. This cloud mining provider, though newly launched, has already gained a solid reputation for its convenience, efficiency, and stability. Miningzoo, a rising start in cloud mining, is on its way to become one of the best cloud mining platforms, gaining attention from global investors. Already in a strategic partnership with Lpool and Li De United Co. Ltd, over the past few months, Mining zoo has obtained new funding from Ceyuan Ventures, a high-tech focused VC and United Capital, adding to its existing investors’ list of Longling Capital, Consensus Fund, etc. (Miningzoo’s mining center with the top-notch miners) Miningzoo boasts large-scale miners based in distributed locations across the globe, equipped with professional operation and maintenance teams, and top-of-the-line miners. Miningzoo provides users with a one-stop efficient bitcoin mining service. At present, the Miningzoo platform focuses on bitcoin mining power for rent. Miningzoo is committed to creating the smoothest experience in cloud mining for clients. Miningzoo was officially launched at 14:00 on June 5, 2019, Hong Kong time. At ... read more
    Source: Global Coin ReportPublished on 2019-06-17By Globalcoin
    6 hours ago
  • Bitcoin Price Analysis: Bears in ‘Disbelief’
    Bitcoin price closed the week at $8,974, up 17.6%, marking a tremendous recovery from the previous week, completely reversing the loss in valuation from the previous week and putting in a new yearly high of $9,391. Let’s take a look whether Bitcoin price can continue onwards and upward and breakthrough the $10k psychological barrier. Bitcoin Price Weekly Chart The weekly chart shows the bitcoin price 00 moving from lows of $3,322 to highs of $9,391. This is a staggering increase of 182%, which is reminiscent of some of the moves seen in late 2017. Although this time it is largely going under-reported in mainstream media and is yet to capture the imagination of the general public, who normally arrive late to the party. Having found support at $7.5k last week and printing new highs on Sunday, BTC/USD has begun the new week positively, again putting the newly found 2019 highs of $9,391 under pressure. The VPVR, which illustrates volume traded at price levels, shows that above $9,300 there is very little price history which — as was found below $6k — can result in fast moves while the market attempts to rationalize the ... read more
    Source: BitcoinistPublished on 2019-06-17By filb filb
    6 hours ago
  • China, U.S and Hong Kong account for 70% of the world’s mining pools, report reveals
    Mining pools have been the backbone of the crypto-ecosystem, owing to their inherited duty to fuel transactions and ensure immutable credibility. Given the power mining pools hold in the space, countries like China, U.S.A, and Russia have been competing to host the world’s largest mining pools and earn the corresponding block rewards. A recent report listed the world’s top 50 mining pools based only on the mined number of coins, which reveals the involvement levels of countries that are heavily invested in crypto and blockchain technology. The report claimed, “The top 10 mined coins have market caps above $0.5 billion dollars, and the #1 coin, Bitcoin, as of our snapshot taken on May 30, 2019, had a market cap of $154 billion.” Source: Medium The graph above suggests a total annual economic value run rate of $8.6 billion, with Bitcoin being responsible for 2/3rd of the economic value so created. Additionally, overall mining per day amounts to $24 million per day, with Ethereum contributing almost $4 million to the same. Source: Medium As evidenced by the table above, China, U.S. and Hong Kong account for 70% of the world’s top 50 mining pools. And while China is currently responsible for nearly half of the annual value produced, ... read more
    Source: AMB CryptoPublished on 2019-06-17By Arijit Sarkar
    6 hours ago
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