Category: Crypto

17-AUG-2019

2 days ago

Bitcoin is ‘Schmuck Insurance’: Morgan creek capital founder – via Bitcoinist
Bank of America Merrill Lynch recently surveyed fund managers and found that investors are the most bullish they’ve been on bonds since the end of 2008. But that popularity comes as long-term risks are developing for traditional asset classes. For these reasons, Morgan Creek Capital Founder & CIO, Mark Yusko thinks new types of protective ‘insurance’ such as Bitcoin may be warranted.

2 days ago

Samsung Galaxy S10 Drives DApp Adoption – via Cryptodaily
The cryptosphere is drowning in dApps; dApp users not so much. There are signs that this imbalance is starting to shift, however, thanks to support from an unlikely blockchain ally. Samsung’s integration of crypto-friendly applications, including an array of decentralized apps, has given the ecosystem an unexpected boost. Now the onus is on dApp developers to push out products that can leverage this springboard to drive broader consumer adoption.

2 days ago

Hong Kong Free Press Adds Bitcoin to Accepted Donation Methods – via beincrypto
The Hong Kong Free Press has officially added Bitcoin (BTC) and Bitcoin Cash (BCH) to its list of accepted donations methods. For the time being, the organization relies on the BitPay payment processor, but the editor-in-chief claims to be working towards providing true peer-to-peer donations using the cryptocurrencies. Hong Kong has been the scene of mass anti-government protests that have been going on for more than 10 weeks now.

2 days ago

These Bitcoin Users Want DAI and DeFi – Here’s How They Plan to Get It – via Coindesk
Summa co-founder James Prestwich wants to bridge the great divide: bitcoin vs. ethereum. Now his firm is teaming up with fellow blockchain startup Keep to launch the Cross-Chain Working Group, which aims to create a protocol for using bitcoin on ethereum-based systems. The group hosted its first meeting on Thursday with more than 40 participants, including curious representatives from interoperability protocol Cosmos and Ripple’s investment arm, Xpring. “The goal is to provide a platform for developers, other than those employed by a base chain, who work across chains,” Prestwich told CoinDesk.

2 days ago

Scammers Move Hundreds of Bitcoin to Exchanges; Is a Dump Inbound? – via NEWSBTC
Over the past couple of days, investors have grown fearful regarding the possibility of a massive Chinese Ponzi scam dumping the significant amount of Bitcoin (BTC) that they hold in wallets onto the markets, which may have contributed to the recent downwards pressure experienced by the entire crypto markets. Now, new data suggests that a small portion of the scammer’s Bitcoin has already been moved to exchanges, which may signal that a massive influx of selling pressure is imminent.

2 days ago

Next Generation Blockchains: Which Advancements Should We Be Eyeing? – via Cryptodaily
Bitcoin – the original and still de-facto blockchain of choice recently reached its tenth birthday. A mere 10 years later, and the network is still capped at around 7 on-chain transactions per second, with an average block confirmation time of 10 minutes. While it is all-but certain that these technical barriers will eventually be a thing of the past, it is important to note that there are now a range of innovative and somewhat disruptive alternatives that the industry should keep an eye on. Whether it’s through increased scalability capacities that can now compete with global legacy systems like Visa, consensus mechanisms that utilize the ever-growing abilities of artificial intelligence, or institutional-grade security that counters the threats of quantum computing of the future – the blockchain industry is moving at an exponential pace.

2 days ago

Analyst Claims Almost 3,500 Successful Hacks on Non-Crypto Companies in 2019 – via NEWSBTC
Popular digital currency industry analysis Twitter account @Rhythmtrader states that almost 3,500 non-crypto companies have had their security breached so far this year. Well over a billion user accounts have been impacted by hackers. Although difficult to verify (RhythmTrader rarely cites where the figures quoted are from), some of the biggest examples have impacted hundreds of millions of users. The ease with which even massive mainstream companies have been hacked should serve as a stark warning for all those choosing to store crypto via centralised methods.

2 days ago

Coinbase Reveals Password Glitch Affecting 3,500 Customers – via Coindesk
Crypto exchange Coinbase disclosed a potential vulnerability Friday, announcing that a tiny fraction of its customers’ passwords were stored in plain text on an internal server log. However, the information was not improperly accessed by outside parties, the exchange said. In a post-mortem shared with CoinDesk, Coinbase outlined “a password storage issue,” impacting less than 3,500 customers (out of more than 30 million worldwide) that briefly resulted in personal information, including the passwords, being stored in clear text on internal logging systems.

2 days ago

Craig Wright Snubbed by US Court, His Supporters by Crypto Twitter – via beincrypto
Craig Wright, the self-proclaimed creator of Bitcoin, is finding himself mired in an elaborate web of lies and deceit that prima facie appears to be of his own making. For starters, Wright’s claim of being the man behind the pseudonym Satoshi Nakamoto was never taken seriously by the vast majority of the cryptocurrency community. And now he seems to be losing ground legally too.

2 days ago

Monolith Means Crypto Can Now Be Spent Anywhere That Accepts Visa – via Cryptodaily
Monolith, the decentralised finance platform that lets you spend your crypto in the real world, has partnered with MakerDAO and Digix to provide users with even more options when spending their cryptocurrency. The unique contract-wallet design of Monolith means customers can use their crypto in the real world. Whether it’s paying for a coffee, cinema tickets or sending money to a friend, it’s all possible on Monolith. The Monolith app, offers an Ethereum-powered banking alternative, and launched around six weeks ago. Since then more than 2,000 wallets have been set up on the Ethereum blockchain.

2 days ago

Ethereum Coders Approve 6 Changes for Upcoming Istanbul Hard Fork – via Coindesk
Ethereum core developers finalized late Thursday a list of six different code changes to be activated for ethereum’s next system-wide upgrade, Istanbul. As agreed in prior meetings, Istanbul will be executed in two parts. The first, which will feature all six code changes, or ethereum improvement proposals (EIPs), is tentatively expected to execute on ethereum mainnet this October.

2 days ago

British Teenager Gets Banned from Internet After Trading Stolen Data for BTC – via U.TODAY
According to Hard Fork, Elliot Gunton, a 19-old teenager from the UK, will spend 20 months in jail after stealing personal data and selling it on the dark web in exchange for BTC. The Norwich Crown Court also issued a Community Behaviour Order, which bans Gunton from using the internet for three and a half years.

2 days ago

XRP records high “Hype-to-Activity” ratio as over-hyped coins record low trading volumes, GitHub activity – via AMBCRYPTO
A recent report by The Tie.io highlighted over-hyped cryptocurrencies on Twitter, and the details are not surprising. Less popular cryptocurrencies with low trading volumes exhibited high “Hype-to-Activity” ratios on Twitter, a social media platform that has become a battleground for scam bots and FUD stompers of the cryptocurrency market. The Hype-to Activity metric measured the hashtags [#] of tweets each crypto has per $1 million in trading volume, after a thorough investigation of 450 cryptos. The main highlight of the report was a high tweet volume to trading volume ratio for XRP, the third-largest cryptocurrency by market cap, while the ratio for other top coins remained relatively consistent.

2 days ago

FinCEN Director Reminds Casinos of Crypto Compliance Requirements – via Coindesk
The director of the Financial Crimes Enforcement Network (FinCEN) said the casino industry needs to up the ante on reporting suspicious activities related to digital currencies. Speaking at an Anti-Money Laundering Conference in Las Vegas on August 13, FinCEN director Kenneth Blanco said the agency has not received the amount of suspicious activity reports (SARs) expected. “There is a misconception that just because FinCEN has not publicly issued enforcement action against a casino or card club since last year that FinCEN is not looking at this financial sector,” Blanco said. “Let me assure you, this is not the case.”

2 days ago

NOBL Research: 25 Million Americans are considering buying Crypto – via Bitcoinist
A recently concluded Nobl Insurance study reveals that the crypto market grew by a spectacular 48 percent in the period 2018 – 2019. Moreover, the study forecast that the American cryptocurrency market will continue to expand in the next 12 months.

2 days ago

Visualized: Bitcoin ROI Crushes Stock Market Returns – via NEWSBTC
Those who are involved in or invested in Bitcoin, likely know full well the crypto asset’s long-term price potential and its potential to become the single global currency across the internet and beyond. They also know that Bitcoin has out-performed every asset in history, including anything the stock market has to offer, even including the likes of Amazon and Apple, and others.

2 days ago

Hong-Kong Protesters Call for a ‘Bank Run’ – Here’s what’s in it for Crypto – via Coingape
The 10th-week of the protest at Hong Kong against the Chinese government rule took a dramatic turn as the protestors shut-down the international airports. It is one of the busiest airports in the world. While incidents of outbreaks were witnessed occasionally, it has mostly been a peaceful protest.

2 days ago

Tron DApp Report reveals new additions to the ecosystem, highlights growing transaction volumes – via AMBCRYPTO
The Tron Foundation released its latest DApp Review, with the report revealing its growing dominance in the DApp ecosystem, as well as the increased use of smart contracts which surged to 1362 last week. The report highlighted the addition of two new DApps to the ecosystem; namely, Tron Name Service (TNS) and Zethyr Exchange.

2 days ago

Bakkt Finally Gets CFTC Approval, Slated for September Launch – via beincrypto
Bakkt, the cryptocurrency-focused exchange set up by Intercontinental Exchange (ICE), is set to open its doors this September. This will see the launch of its digital asset custodial and physically-delivered Bitcoin futures contracts.

We will post Live Crypto News by gathering them from various sources available, It will help you save your time especially for traders who like to know the happenings about various crypto coins. Please feel free to comment or ask your questions in comment section below and If you think this is useful please share it in your circle with your friends and other crypto enthusiasts.

16-AUG-2019

2 days ago

Bitfinex completes redemption of LEO tokens on EOS blockchain following burn – via AMBCRYPTO
On July 8, Bitfinex, the noted cryptocurrency exchange, had announced the spending of 27% of all accrued margin trading fees to buyback and burn UNUS SED LEO tokens. In an update for the same, the exchange today informed the community of completing the redemption and burning of these LEO tokens. Bitfinex tweeted, “The new UNUS SED LEO redemption has now been completed on EOS, burning a total of 1750,570.00 $LEO.”

2 days ago

European Central Bank Website Hack Exposes yet Another Fatal Flaw in the Traditional Banking System – via beincrypto
The European Central Bank (ECB) shut down one of its websites on August 15, 2019, after the site was compromised by hackers. According to ECB, unauthorized parties breached the Bank’s Integrated Reporting Dictionary (BIRD) website, but could not gain access to any market-sensitive data.

2 days ago

Bitcoin Addresses Holding 1 Billionth Of Max Supply Are Getting Closer To 6 Million – via UsetheBitcoin
The number of Bitcoin (BTC) addresses that hold 1/1,000,000,000th of the total Bitcoin supply is currently reaching 6 million. This is according to Coin Metrics Data Pro that provides information about the whole cryptocurrency market. That means that a user would have to hold 0.021 BTC, or close to $220 at the time of writing this article.

2 days ago

Poloniex drops more Crypto pairs as ALTCoins become apparitions – via Bitcoinist
Altcoin fervor is definitely at a low, so much so that crypto exchange Poloniex has dropped 23 pairs citing low volume. Many of the pairs that were popular in 2017 and during the ICO boom have fallen out of favour, as altcoins in general remain at rock bottom prices.

2 days ago

All-Crypto Retirement Accounts Will Be Fined: Australian Tax Office – via Coindesk
The Australian Tax Office (ATO) has sent out warning letters to investors who have placed the majority of their retirement savings in cryptocurrencies. As part of an ATO effort to warn against high-risk retirement investment strategies, 18,000 holders of Self-Managed Super Funds (SMSFs), a type of retirement account privately managed by individuals, were told they face penalties up to 4,200 AUD for breaching regulations, according to local media reports.

2 days ago

Binance DEX Lists Aeron’s CryptoBonusMiles (CBM) Token – via U.TODAY
Aeron, a Blockchain startup that digitalizes and secures aviation logbook data, has announced that CBM, the token of its sub-project CryptoBonusMiles, has been added to Binance DEX. The users of the second largest decentralized exchange were able to start trading CBM on Aug. 15.

2 days ago

Someone Just Hacked Binance Jersey’s Twitter Account – via Coindesk
Binance Jersey’s Twitter account was hacked by an anonymous twitter user called @LightningNetwo9. According to tweets posted on Binance Jersey by the hacker, the hacker is a security researcher claiming to operate with altruistic motivations. The hacking was confirmed via Binance Jersey’s telegram account. The hacker claims he could have used the successful hack to scam Binance Jersey users, particularly with a phishing scam.

2 days ago

Don’t Trade Bitcoin, TexasWest Capital Analyst Tells Investors – via NEWSBTC
The recent sell-off in the bitcoin market has brought the price down by more than 15 percent in just five days. The downside action has appeared against the backdrop of a dwindling global economy, shaking the beliefs of many who consider bitcoin as a safe-haven asset against gloomy macroeconomic sentiments. The absence of big hedging moves is strengthening the cryptocurrency’s bearish bias in the near-term.

2 days ago

South Korea’s ‘Bit-Island,’ Jeju, Redoubles Crypto Efforts After Losing Regulatory Bid – via Coindesk
After losing out to Busan in the competition to be declared Korea’s blockchain “regulation-free” zone, Jeju Island is redoubling its efforts to stay in the game, according to a report in the Jeju Island Daily News. The island, which lies 282 miles south of Seoul and is also a province, announced on August 13th the establishment of the “Global Blockchain Hub City Development Research Service,” in which it will be investing 175 million won ($145,000) for research running through December. The modest project will be carried out by Tilon, a Seoul-based company specializing in secure virtualization. Established in 2001, the company often works with local governments and a wide variety of public institutions.

2 days ago

China’s Digital Fiat Wants to Compete With Bitcoin – But It’s Not a Crypto – via Coindesk
China may be about to launch a fiat digital currency, but in all likelihood, it will only resemble a cryptocurrency on the surface. And it probably won’t use a blockchain. While inspired to some degree by bitcoin and the like, the effort is explicitly framed as a strategy to beat them back. The project was thrust into the spotlight last weekend when a senior official from the People’s Bank of China (PBoC) said at a closed-door conference that the country’s central bank digital currency (CBDC) is ready to launch.

2 days ago

Want to Buy ‘Virgin Bitcoin’? Be Ready to Pay 20% More, Says CEO – via CryptoNews
Buyers of so-called “virgin bitcoins” are paying up to 20% more for coins with no transaction history, Flex Yan, CEO of Babel Finance, a Hong Kong-based crypto financial services company, claims. In a recent opinion piece, published by Bitcoin Magazine, he said that demand for the virgin coins is growing as “without any transactional history, there is essentially no risk of the coins being seized or frozen due to their involvement in questionable past dealings.” According to Yan, the new Financial Action Task Force (FATF) guidelines, that force governments to tighten oversight of the crypto business, have also helped to increase the demand.

2 days ago

Hong Kong Protesters Stage Bank Run as Unrest Continues – via beincrypto
Hong Kong anti-government protesters plan to empty their bank accounts in the latest escalation of the ongoing civil unrest on the island. The action was officially scheduled for today but there is evidence suggesting that protesters have been making large withdrawals over the past few days.

2 days ago

Bitcoin dump contributes to confusion about Plus Token’s foul play – via AMBCRYPTO
Bitcoin [BTC], the largest cryptocurrency in the world in terms of market cap, has been falling consecutively for the past few days, causing a ruckus in the community. After the coin noted a fall of almost 14% over the week, Dovey Wan of Primitive Ventures suspected that Plus Token’s foul play may have caused the price of BTC to fall.

2 days ago

Man Offering Hacking Services for Bitcoin Gets 20-Month Jail Sentence – via Coindesk
A British man has been handed 20 months in jail and ordered to forfeit over £400,000 ($487,000) for offering hacking services and stolen private data in return for cryptocurrency. Nineteen-year-old Elliot Gunton was sentenced at Norwich Crown Court on Friday, having pleaded guilty at a previous hearing, according to a local police news report. Police had found evidence on Gunton’s laptop that he had “offered to supply compromised personal data of individuals to others for them to use for criminal purposes”. The information included mobile phone numbers which could be used to intercept calls and texts in order to commit crimes.

2 days ago

Dash Core Group’s Ryan Taylor laments communication gap between Coinbase and DCG – via AMBCRYPTO
Coinbase, the San Francisco-based cryptocurrency exchange, recently announced that the organization was “exploring” the idea of adding new virtual assets to its platform, a proposal which included Dash among 7 other cryptocurrencies. In a recent Q&A, Ryan Taylor, CEO of Dash Core Group, was questioned about the development of Dash in 2019 and his views on the current situation that was developing between Dash and Coinbase, after the exchange made the announcement.

2 days ago

This Crypto Asset Doesn’t Exist Yet, But Soon You’ll Be Able to Stake It – via Coindesk
Perlin hasn’t even had the token generation event for its PERL cryptocurrency, and already a leading staking-as-a-service startup has agreed to add it to the list of assets it supports. Staked – which has the backing of some of the most notable funds in crypto, including Pantera, Winklevoss Capital and Coinbase Ventures – helps holders of proof-of-stake tokens maximize their returns. Its new listing, PERL, allows access to a suite of applications designed to aid the international trade and trade finance industry, which is still very much bogged down by paperwork, according to Perlin CEO Dorjee Sun.

2 days ago

Santander’s Coinbase Block Are Fake As Reps Respond – via Cryptodaily
Following a Reddit thread, a supposed Santander staff told the poster that they were no longer dealing with Coinbase in the United Kingdom. It didn’t take long for the Spanish bank to deny this rumour though. On the Bitcoin subreddit, the poster u/iCheat69 claimed that they had been talking to a rep from Santander who said that would no longer be allowing customers to deposit money into the US exchange.

2 days ago

Moscow Blockchain Voting System ‘Completely Insecure,’ Says Researcher – via Coindesk
A blockchain-based system that will be used to allow Moscow residents to vote in municipal elections this autumn is very easy to hack, according to a research note from a French cryptography expert. Titled, “Breaking the encryption scheme of the Moscow internet voting system,” the paper by Pierrick Gaudry, a researcher from French governmental scientific institution CNRS, looked at the encryption scheme used to secure the public code of the Moscow city government’s ethereum-based e-voting platform.

2 days ago

BBC Journalist loses $30k ETH from Rookie Mistake – via Bitcoinist
The world of crypto trading and investing can still be a minefield to the uninitiated. Stories of hacks and scams are still commonplace affecting both individuals and huge companies. Some sensible security precautions are necessary in this digital age as one BBC journalist found out the hard way.

2 days ago

Forbes Crypto Expert: Oversold XRP Is Good to Buy Now, Further Drop Is Unlikely – via U.TODAY
Forbes crypto expert and contributor Naeem Aslam believes that XRP is oversold and now is the best price to stock up on it. Earlier today, on August 16, a crypto expert from Forbes, Naeem Aslam, tweeted that Ripple’s XRP is currently oversold. ‘It could be a good buy at the current price’, he says.

2 days ago

Binance’s US Arm to Go Live ‘Within Two Months,’ CEO Says – via Coindesk
The dedicated U.S. arm of cryptocurrency exchange Binance will go live by November, according to Binance’s CEO. Changpeng “CZ” Zhao told Cheddar in an interview on Wednesday that, while the situation is still “in flux,” he expects the new platform would go live in “a month or two.” Due to uncertainties over the U.S. regulatory situation, Binance barred states-side customers from using its global platform Binance.com in mid June, a day after revealing that it would launch the new U.S. division in partnership with a firm called BAM Trading Services.

2 days ago

ASX DLT System ‘On Track,’ Says Annual Report – via Coindesk
The Australian Securities Exchange (ASX) has released its full 2019 financial report, offering some insight into its upcoming distributed ledger-based settlement system. A project that was announced back in late 2017 after trials with blockchain tech had proved promising, the DLT platform is aimed to replace ASX’s ageing CHESS settlement system using technology built by New York-based Digital Asset, then under the leadership of Blythe Masters.

We will post Live Crypto News by gathering them from various sources available, It will help you save your time especially for traders who like to know the happenings about various crypto coins. Please feel free to comment or ask your questions in comment section below and If you think this is useful please share it in your circle with your friends and other crypto enthusiasts.

15-AUG-2019

3 days ago

Kik – SEC verdict may provide a degree of clarity to crypto-regulations in the U.S, claims ShapeShift’s COO – via AMBCRYPTO
One aspect unique to financial markets such as the cryptocurrency ecosystem is FOMO (fear of missing out)slowly, a sentiment that is slowly transcending and permeating every unit of the society. Owing to the growing uncertainty of U.S. regulations, leading in-house crypto-businesses like Circle have started setting base in friendlier neighborhoods outside the United States, countries that welcome uncensored innovation.

3 days ago

Report Shows Almost 295,000 LTC Addresses Were Affected By Dusting Attack – via UsetheBitcoin
294,582 Litecoin (LTC) addresses have been affected by the dusting attack that the network experienced a few days ago. This is according to a recent analysis made by Glassnode, a data metrics firm. At the same time, the company unveiled that there was a similar large-scale attack in April that affected Litecoin.

3 days ago

Andreas Antonopoulos to Release New Book Called “Mastering Lightning” – via U.TODAY
Bitcoin evangelist Andreas Antonopoulos is most probably working on a new book called “Mastering the Lightning.” As the name suggests, it will be centered around the Lightning Network, Bitcoin’s second-layer protocol that is supposed to make the O.G. cryptocurrency more scalable.

3 days ago

Bitcoin Plunges Back Down to $9,600 After Rising Above $12,000 – via NEWSBTC
Last week, a spike in the Bitcoin price pushed it past the $12,000 mark. At the same time, Bitcoin dominance continues to squeeze the rest of the market, closing in on 70%. The highest it’s been since April 2017. Reported volume lends supports to the Bitcoin price movement. At the start of August, this stood at $16.5 billion, topping out at a month to date high of $24 billion around August, 6th.

3 days ago

Maryland Targets Trading Platform Fraud as It Joins ‘Cryptosweep’ Effort – via Coindesk
Maryland Attorney General Brian Frosh said Wednesday that the state’s securities market watchdog will become part of an international effort to crack down on cryptocurrency related fraud. The state is the latest to join “Operation Cryptosweep,” an initiative led by the North American Securities Administrators Association (NASAA). As part of the second wave of the operation, 35 enforcements have been taken and nearly 100 more are pending to date.

3 days ago

Ripple’s Xpring Invests 1 Bln XRP into Content Monetization Platform Coil – via U.TODAY
Xpring, the incubation arm of Ripple, continues the streak of its investments with content monetization startup Coil, which recently received a 1 bln XRP grant (about $265 mln at press time). In such a way, the San Francisco-based crypto juggernaut wants to streamline the adoption of XRP and Interledger.

3 days ago

Bitcoin Investors Feeling ‘Extreme Fear’ — Index Hits 224-Day Low – via beincrypto
The cryptocurrency market sentiment is hitting rock-bottom as of late with the Cryptocurrency Fear & Greed Index hitting a 244-day low. This level has not been seen since December 13, 2018, when Bitcoin (BTC) collapsed to $3,000.

3 days ago

Ethereum’s prospect in the foreseeable future looks bright enough to tap $300+ in upcoming weeks – via AMBCRYPTO
The second-largest cryptocurrency is no exception to the wrath of Bitcoin; price of ETH has collapsed by an excess of 14% in the last 24 hours, which is a result of Bitcoin’s drop. The price of ETH, at press time, was $179.99 and had a market cap of $19.5 billion.

3 days ago

A Mysterious $3B Chinese Ponzi Scheme Is Being Blamed for Bitcoin’s Price Collapse – via beincrypto
PLUS Token was busted this year by Chinese authorities after scamming some $3B via its Ponzi scheme. Now, it seems that the wallets are on the move — totaling over 1% of Bitcoin’s circulating supply.

3 days ago

Bitcoin Posts ‘Unprecedented’ 14 Red 4H Candles in a Row – via beincrypto
Traders are shocked and dismayed that Bitcoin has posted an unprecedented 14 red four-hour candles in a row. After some short-lived relief rebounding above $10,000, the leading cryptocurrency seems to be teetering on the edge of another drop.

3 days ago

Republic Launches First-Ever Security Token Airdrop – And It’s Compliant, Folks – via Cryptobriefing
Republic, an equity crowdfunding platform, has set a new record for the cryptocurrency space: the first first regulation-compliant airdrop of security tokens, which will be available to retail investors both in the U.S. and abroad.

3 days ago

Facebook’s Libra may be the death knell for Weaker Economies – via AMBCRYPTO
60 percent of the world’s population could shift to Facebook’s Libra. The world is at a turning point. Financial crisis seems to be rearing its ugly head, trade wars are heating up, and currency crashes are a regular occurrence. In the midst of these economic uncertainties, central banks are making frantic decisions, some on the offense, many in defense.

3 days ago

How Come The SEC Keeps Delaying The Bitcoin ETFs? – via Cryptodaily
Yet again, the decision on three of the most anticipated ETF’s has been delayed for a later date. The three Bitcoin ETF proposals include Bitwise Asset Management, VanEck-SolidX and Wilshire Phoenix. The United States Securities and Exchange Commission (SEC) has hit the delay button on the EF’s once more in order for them to further evaluate whether the derivatives meet the conditions necessary to protect investors. The rulings for the Bitwise ETF was postponed to October 13th whereas the VanEck-SolidX were pushed back to the 18th October. Wilshire’s Phoneix’s proposals are now set for 29th September.

3 days ago

What is US Yield Curve and Why is it Tickling Bitcoin Investors? – via NEWSBTC
What if there is a way one can predict the next recession accurately? Except, there is none. But thousands of market experts, including economists, fund managers, and traders, still rely on something that help them measure the possibility of an economic crisis ahead. That something is called the US Yield Curve.

3 days ago

SBI Group Exec to Promote Bitcoin SV in Japan and South Korea – via U.TODAY
Former SBI Group executive Jerry David Chan will take a leading role in Bitcoin Association to promote Bitcoin SV in Japan, South Korea and other Asian countries. His effort could boost the adoption of BSV in this region.

3 days ago

New Malware Miner Sneakily Hides When Task Manager Is Open – via Coindesk
Meet “Norman” – a new variant of monero-mining malware that employs crafty tricks to avoid being spotted. The malicious code was identified by researchers at data security firm Varonis when investigating a crypto-miner infestation at a “mid-size company.” “Almost every server and workstation was infected with malware. Most were generic variants of cryptominers. Some were password dumping tools, some were hidden PHP shells, and some had been present for several years,” the firm said.

3 days ago

Former US Senator Fights Against Feds In Favour Of BTC – via Cryptodaily
One of the OG’s in Federal hating is Ron Paul. the crypto-bull and former senator from Texas have chosen the current time of wild volatility in the financial markets to take aim at a new anti-Bitcoin project dubbed ‘FedNow’ in development by the US central bank. It shouldn’t come as a surprise that Paul is unnerved by Jerome Powell’s plans to extend his influence. As the current US president attacks the Federal Reserve with a ruthless thread of tweets.

3 days ago

Can Cryptocurrency Incentivize and Secure Big Data? – via U.TODAY
Today’s technology landscape is defined by two critical but competing elements. Data, the lifeblood of the digital age, is fueling unprecedented insights and analytics, allowing companies to do more and to do it more effectively.

3 days ago

Santander Bank Denies It’s Blocking Transfers To Coinbase In The UK – via UsetheBitcoin
Santander denies it is blocking payments to Coinbase or any legitimate company. This comes after an unverified report released by a Reddit user claiming that a Santander representative in the United Kingdom informed customers would not be able to deposit money to Coinbase. In a conversation with Cointelegraph, the bank confirmed they continue offering services to send funds to Coinbase.

3 days ago

Crypto Miner Company CoinMine Scores $2.5 Million in Seed Round – via Coindesk
Coinmine, the producers of crypto mining hardware and software, announced a $2.5 million seed round of financing. Led by Los Angeles-based M13 Ventures, Republic Labs, Gumi Crypto and early Uber investor Shervin Pishevar contributed funding, according to a statement made August 15. According to a company representative, the financing comes amid a period of 50 percent growth month over month since April. Additionally, according to internal metrics, nearly 10 percent of customers become repeat purchasers, and fewer than 4 percent of Coinmine One mining devices are returned.

3 days ago

Crypto Lenders Have Earned Just 2% on $4.7 Billion in Loans: Report – via Coindesk
A lot of loans have been made in crypto, but lenders have not reaped a lot of profit. That’s the big takeaway from a new report by Graychain, a startup looking to bring credit assessment to the crypto space. The startup released its first report on the collateralized crypto lending industry Thursday, estimating that $4.7 billion has been lent out over the history of the sector, but only $86 million has been earned back in interest. That’s a 1.8 percent return, despite the fact that loans typically cost borrowers 6 to 10 percent on an annual basis.

3 days ago

Crypto Events for today – via Cryptocalendar.pro
1. Zebi (ZCO) — Mainnet Launch
2. Vexanium (VEX) — DApps Competition Submission Deadline
3. Nexo (NEXO) — Dividend Distribution
4. DAOstack (GEN) — PragueDAO Incubator Launch

We will post Live Crypto News by gathering them from various sources available, It will help you save your time especially for traders who like to know the happenings about various crypto coins. Please feel free to comment or ask your questions in comment section below and If you think this is useful please share it in your circle with your friends and other crypto enthusiasts.

14-AUG-2019

4 days ago

Andrew Yang Gets Surprise Endorsement from Elon Musk – via beincrypto
Andrew Yang, the most pro-cryptocurrency candidate running for President, has scored an unexpected endorsement from Elon Musk. It’s likely the two share similar opinions on universal basic income, Yang’s signature policy proposal. The internet was taken by storm recently over Elon Musk’s recent endorsement of Andrew Yang on Twitter. The surprise tweet has thus far been liked over 97,000 times and retweeted some 19,000 times.

4 days ago

Walmart Files Patent Application For Blockchain-Backed Drone Communication – via Coindesk
Walmart has reasserted its interest in blockchain-backed drones with a recent patent application. Commerce giant Walmart filed for an application entitled “Cloning Drones Using Blockchain” in January 2019 with the United States Patent and Trademark Office publishing the patent on August 1. The patent for an unmanned aerial vehicle (UAV) blockchain-based coordination system was published the same day as Walmart’s digital currency patent application.

4 days ago

Despite CEO Claims, Dash Isn’t Really the ‘Most Used’ Crypto in Venezuela – via Coindesk
“Dash is the most used cryptocurrency in Venezuela,” said Ryan Taylor, CEO of Dashpay, as he stood on stage last May during CoinDesk’s Consensus event. This statement has been repeated time and again by Dashpay, hinting that crypto is taking off in Venezuela’s economy. But after investigating the true uptake of the crypto in Venezuela, this statement – while bold – isn’t quite true.

4 days ago

Will Investors Flee to Bitcoin as Recession Looms? – via NEWSBTC
The global economy has been facing increasing downwards pressure as of late that has sparked significant fear amongst traditional investors, and now one historically accurate indicator is flashing warning signs of an imminent recession, which could prove to be a positive thing for Bitcoin (BTC). Importantly, analysts are also noting that the sheer amount of global bonds that are currently trading at a negative interest rate is also reason enough for investors to ditch the traditional economic system in favor for Bitcoin and decentralized options.

4 days ago

New IRS Warning Letters Target Crypto Investors Who Misreported Trades – via Coindesk
The U.S. Internal Revenue Service (IRS) is sending another round of warning letters to cryptocurrency users, this time to taxpayers it believes to have misreported income from exchange transactions. In addition to the three letters sent last month to crypto traders advising them they may have incorrectly filed their taxes, the IRS is now also telling certain investors that they did, in fact, report the wrong amount of income from crypto transactions. And the agency is looking to collect.

4 days ago

Measuring The True Impact Of The Blockchain – via Cryptodaily
One of the main trends of 2019 is expected to be tokenisation. This can be anything from a pizza delivery service to artwork can be subjected to tokenisation. Along with AI development, tokenisation will give us an opportunity to order goods and services carried out by autonomous machines and pay with tokens for the completed work. If we take a look at a few aspects of day to day life that could be changed by both virtual assets and the blockchain.

4 days ago

Charlie Lee Explains Slow Litecoin Core Development and Why We Shouldn’t Worry – via beincrypto
Speculations are rife about the fate of Litecoin as the world’s fifth-largest cryptocurrency by market cap struggles to rope-in competent developers to take charge of protocol development. Two conflicting possibilities emerged over the weekend, including one that suggested Litecoin is as good as dead due to stagnant R&D and a lingering lack of transparency.

4 days ago

Nevada Crypto ATM Operators Now Require Money Transmission License – via Coindesk
Nevada’s regulatory stance on cryptocurrency kiosks has shifted, now requiring a state money transmission license. Speaking with CoinDesk, BitAML Senior Advisor Annelise Strader said Nevada abruptly and without announcement changed its regulatory stance on cryptocurrency kiosks. Following the last legislation session closing in May without passing a proposed cryptocurrency bill, Strader says the state’s regulatory team changed its interpretation of what constituted a money transmitter within the state. Kiosks must be licensed by the state and will require a surety bond requirement.

4 days ago

Massive UK Newspaper Heralds Bitcoin and the “Golden Age of Cryptocurrency” – via NEWSBTC
The United Kingdom’s widely circulated Metro news publication has published a surprisingly bullish article explaining Bitcoin for its millions of readers. The article is scant in its detail but does feature a full Bitcoin explanation video. The overall tone of the clip is incredibly optimistic for Bitcoin’s long term. Rather than caution against its use, it seems to encourage it, explaining in the simplest possible terms and providing information on how to buy the crypto asset.

4 days ago

XRP Massively Falls Amid New Lawsuit Claiming The Digital Asset Is An Unregistered Security – via UsetheBitcoin
XRP, the third largest digital asset in the market, is currently experiencing a massive fall of almost 10% in the last 24 hours. This is according to data provided by CoinMarketCap, in a day in which digital currencies are operating with large price losses. The virtual currency has dropped under its long-term support of $0.28.

4 days ago

Elizabeth Stark Denies Calling on the SEC to Investigate Bitcoin Cash – via beincrypto
Elizabeth Stark, the co-founder of Lightning Labs, has denied rumors that she directed the attention of the United States Securities and Exchange Commission (SEC) towards Bitcoin Cash. After a Twitter user alleged that Stark had called for the SEC to investigate BCH, Bitcoin engineer Jameson Lopp responded with a YouTube link to provide more context and quell the controversy. The video, recorded at a San Francisco Bitcoin Meetup in December 2017, shows Stark explaining the SEC’s ruling on Initial Coin Offerings (ICOs).

5 days ago

This Cryptocurrency Plunged 62% After SEC Files Emergency Lawsuit – via NEWSBTC
The United States Securities and Exchange Commission has filed an emergency lawsuit in a Brooklyn federal court in an attempt to prevent a somewhat popular ICO from spending the money that was raised from the issuance of its cryptocurrency. News of this emergency filing instantly led to a massive dump for Veritaseum, which raised a total of nearly $15 million from an Initial Coin Offering in mid-2017 and early-2018, and this emergency lawsuit may be emblematic of an imminent crackdown on unregistered securities that were offered through the course of the 2017 and 2018 ICO craze.

5 days ago

XRP Payment Exploit Targeted on Beaxy Exchange, Trades Rolled Back – via beincrypto
The price of XRP/BTC recently crashed due to a coordinated sell-off and exploit on the new exchange Beaxy. All trading activity and withdrawals have been halted. Cryptocurrency exchange Beaxy, which launched only in June, is facing controversy after its XRP/BTC trading pairs plummeted due to a sell-off by a coordinated group. The cryptocurrency dropped 40% relative to BTC during the attack. So far, the perpetrators are still unknown.

5 days ago

Samsung Quietly Adds Bitcoin to its Blockchain Keystore – via NEWSBTC
Korean tech giant Samsung has added Bitcoin support to its Blockchain Keystore SDK. This will eventually allow users to use Bitcoin with applications via the company’s secure storage hardware featured on supported devices. In addition to adding Bitcoin, the Samsung Blockchain Keystore SDK will also support the Klaytn network too. Klaytn is the blockchain effort by Korea’s largest social messaging company, Kakao.

5 days ago

Ripple takes a step towards decentralization as it sees a significant fall in its dUNL – via AMBCRYPTO
Ripple is undoubtedly one of the largest firms in the cryptospace today. The San Francisco-based exchange has been stung by a lot of criticism recently, despite repeated attempts by the Brad Garlinghouse-led team to disambiguate centralization claims of its cryptocurrency, XRP. A lot has been argued about its consensus protocol, the most recent one being on the issue of Ripple’s validators.

5 days ago

It’s Not Just Bitcoin That Has A Problem With Money Laundering – via Cryptodaily
As is the general consensus, Bitcoin can supposedly make it easier for criminals and fraudsters to conduct illegal transactions. The amount of money laundered through Bitcoin is nothing in comparison to the multi-trillion dollar network of illegal transactions that pass through traditional banks on a yearly basis. In a recent report published by the United Nations Office on Drugs and Crime, there are more than trillion dollars illegally transacted through the traditional banking system every year. In another recently published report, this time by Bloomberg called “The Cost of Dirty Money”, there are diagrams of the complex world of money laundering, featuring a web of banks, fines and prison sentences. In the report, there are several bad ‘actors’ listed some of which include, JP Morgan Chase, Citigroup, Liberty Reserve, Wachovia, HSBC, Deutsche Bank, Standard Chartered.

5 days ago

Altcoin Chainlink On-Chain Activity Makes It A Standout In Crypto Market – via NEWSBTC
The crypto market is a new and emerging asset class that – due to the various innovation factors, its speculative nature, and the technological intricacies of each individual coin – makes assigning a value to any altcoins exceedingly difficult to pinpoint with any sort of accuracy. Crypto analysts use a variety of metrics to determine any fundamental benefits that could affect the long-term price growth of the asset. One such metric is on-chain activity, and according to a prominent crypto analyst, few altcoins are as “attractive” as Chainlink – a crypto asset that recently took the market by storm – when comparing on-chain activity data.

5 days ago

Chainlink (LINK) dump erases $600 Million in market value – via Bitcoinist
Roughly $600 million in the market value of LINK tokens has been erased after a series of bulk sales triggered in July. Following a 4chan media blitz conducted by the Chainlink development team, valuations have fallen by nearly 60% (after reaching highs above $4.80 on June 29th).

5 days ago

Bitcoin’s ‘Kimchi Premium’ Vanishes Again as Trading Range Tightens – via Coindesk
The spread between the price of bitcoin on South Korean and U.S.-based crypto exchanges, which returned in June and hit 16-month highs, has disappeared once again. A measure of how much more South Koreans pay for bitcoin, the spread, known colloquially as the “kimchi premium,” has reached remarkable levels, peaking at 54.48%, according to researchers at the University of Calgary. It then dropped and ultimately vanished, only to return again recently, running at around 5 to 10%.

5 days ago

Tether’s Trading Volume Suggest Bitcoin Could Surge To $20,000 – via Cryptodaily
Recent perks in the trading volume of one of the world’s leading stablecoins; Tether, suggests that Bitcoin could be about to embark on another huge price surge up to Bitcoin’s all time high of $20,000.00. Because Tether is a stablecoin, the value of it’s tokens does not change, it’s fixed to the price of the US Dollar (and other cryptocurrencies). The premise of this is that stablecoins give investors a way of buying cryptocurrency via stable means, without having to keep transferring from FIAT to crypto. Tether in short just turns your US Dollars into easier to spend, virtual dollars.

We will post Live Crypto News by gathering them from various sources available, It will help you save your time especially for traders who like to know the happenings about various crypto coins. Please feel free to comment or ask your questions in comment section below and If you think this is useful please share it in your circle with your friends and other crypto enthusiasts.

13-AUG-2019

5 days ago

Akon To Speak At Malta Blockchain Summit As Attendees Prepare Ahead Of November – via Coingape
Popular African-American Hip Hop star, Akon has been confirmed as one of the speakers at the forthcoming Malta AI and Blockchain Summit. The event, which is dedicated to blockchain and cryptocurrencies is scheduled to hold in November and will feature Akon amongst many other speakers.

5 days ago

Fundstrat’s Tom Lee Sticks with His Bullish Bitcoin Prediction Despite Trump Delaying China Tariffs – via U.TODAY
The Bitcoin price has plunged below the $11,000 level, which came on the heels of the Trump administration delaying tariffs on Chinese goods until December. On top of that, China’s Ministry of Commerce announced that it would restart trade talks with the US in the nearest future.

5 days ago

Decentralized Governance In Action: Decred Debates Market Liquidity – via Cryptobriefing
When it comes to governance, Decred’s (DCR) open decision-making stands out. The digital currency offers a fully decentralized system in which the entire community can criticize and debate important proposals, without risking a community split. Most recently, that governance system has focused on optimizing liquidity on DCR exchanges. The community is using Decred’s off-chain governance tools to choose the best market maker for trading in the hybrid PoS/PoW cryptocurrency.

5 days ago

PIVX Response to Network Vulnerability Casts Doubt on Project – via beincrypto
The CEO of cryptocurrency research and analytics firm Lunar Digital Assets believes there is something fishy going on at PIVX. Han Yoon claims to have been told directly contradictory versions of events from the project’s developers and was met with juvenile hostility for wanting to discuss a network vulnerability that was supposed to have been patched in January of this year.

5 days ago

Crypto Investors Believe There’s More Pain Ahead For the Altcoin Market – via NEWSBTC
Bitcoin has had near non stop bullish momentum throughout 2019, but the altcoin market hasn’t been near as fortunate – sans a couple of outliers. The sentiment surrounding altcoins is in the gutter, and prices of even top altcoins have continued to drop in USD value and even more so in their BTC ratios. Even with all the negativity in the altcoin market, the vast majority of crypto investors expect there to be “more pain” ahead for altcoins like Ethereum, Ripple, and Litecoin.

5 days ago

Joseph Lubin Wants You to Be Familiar with Ethereum 2.0 Terms – via U.TODAY
A cursory glance at Ethereum 2.0 is bound to make users confused because of a plethora of new terms. Alethio’s Alex Tzapulica decided to bring some clarity to the table by compiling a comprehensive list with all of them.

5 days ago

Norwegian Air Offers Discount on Crypto Payments as its Owners Chalk Bigger Plans – via Coingape
Reportedly, Norwegian Air Shuttle, aka as Norwegian, which offers cheap flights worldwide is reeling under financial stress. The Airline company has been unable to generate profits in the last couple of years. The management, has hence, looked to diversify their business into cryptocurrencies. As reported earlier on Coingape, the Norweigian Founders are launching a cryptocurrency Exchange, Norwegian Block Exchange (NBX), which is due for launch next month.

5 days ago

Tron network records 500 million smart contract triggers; Tron-based USDTs in circulation continue to surge – via AMBCRYPTO
The Tron Foundation’s native cryptocurrency, TRX, has been bouncing up and down CoinMarketCap’s cryptocurrency charts. The coin was once the 10th largest cryptocurrency in the market, maintaining its position for quite some time. During the last few weeks however, the coin has been plummeting down in terms of market cap and was found at the 13th position yesterday. However, TRX had jumped back into the 12th position, at press time.

5 days ago

Seed CX Begins Testing Swap Contracts Settled in Real Bitcoin – via Coindesk
Bitcoin derivatives provider Seed CX has begun testing its margin swaps products with users, the company said Tuesday. Investors can now onboard to try out Seed CX’s swaps product matching platform during the testing period through its subsidiary Seed SEF, a regulated swap execution facility (SEF), the company announced. Seed CX’s CEO Edward Woodford told CoinDesk that the testing would allow market participants to test both their connections to the marketplace, as well as the products themselves “to ensure they are working as expected.”

5 days ago

Veritaseum Price Tanks Following SEC Accusations of Fraudulent Token Offering – via beincrypto
The United States Securities and Exchange Commission (SEC) has started legal proceedings against the cryptocurrency startup Veritaseum. Among other allegations, the regulator claims that the firm launched its 2017 initial coin offering (ICO) without proper authorization.

5 days ago

Power Ledger Successfully Demos P2P Energy Trading In Japan – via Cryptobriefing
Power Ledger has successfully trialed a blockchain-based peer-to-peer energy trading platform, in partnership with Japanese utility company KEPCO. The five-month trial was conducted in Osaka, one of the largest cities in Japan. Power Ledger managed the energy trading needs of the local grid, balancing between local producers of solar power and the consumers.

5 days ago

Ethereum releases Geth V1.9.2; lays groundwork for Istanbul hardfork – via AMBCRYPTO
There have been multiple Ethereum Improvement Proposals [EIP] submitted for approval, but only a handful managed to get approved for its upcoming hardfork – Istanbul. A new set of updates were released by the devs for Geth called Blue Thessia [v1.9.2], a multipurpose command line tool running a full Ethereum node. It includes features for its Istanbul hardfork.

5 days ago

SEC Guidance Gives Ammo to Lawsuit Claiming XRP Is Unregistered Security – via Coindesk
Investors in the cryptocurrency XRP have filed a new complaint against Ripple that marshals the Securities and Exchange Commission’s own words to argue that the startup illegally sold unregistered securities. The amended complaint, filed Aug. 5 in a year-old lawsuit against Ripple, includes several new arguments and may be the first federal case to cite the SEC’s guidance for applying existing law and regulation to crypto tokens.

5 days ago

Canada To Have New Crypto-to-Retail Payment Processing Solution – via UsetheBitcoin
Canadians are expected to have access to a new cryptocurrency solution for retail payments. The information was released by Coinberry and Cyclebit, two recognized Canadian crypto companies, in a press release on August 12. This is expected to help crypto users to make digital currency payments.

5 days ago

Legal Expert Katharina Pistor Weighs in on Facebook’s Libra – via Coindesk
“You can’t put the genie back into the bottle,” said Katharina Pistor at our exclusive event in DC during the Libra hearings. Pistor, the Edwin B. Parker Professor of Comparative Law at Columbia Law School, explored the legality – and importance – of corporate tokens like Libra in a world that seems reticent to adopt them. “Facebook’s Libra is designed to become a new global currency that will complement existing fiat currencies. It is designed as a for-profit currency of currencies,” Pistor said at the House Financial Services Committee on July 17.

5 days ago

ICON Foundation Will Give Away 3 Million Tokens Towards Representative Elections – via NEWSBTC
Blockchain interoperability network ICON has announced a token giveaway in the run-up to its eagerly anticipated community elections. 3 million ICX tokens (about ~$600,000 USD) will be disbursed to members of the ICON community throughout the pre-voting period, which commences on August 26.

5 days ago

Will this Coinbase-backed Crypto Derivatives Exchange offering 150x Leverage Challenge BitMEX? – via Coingape
According to a report, upcoming London-based crypto derivative exchange Blade has secured funding amounting to $4.3 million. Among the exchange’s investors are popular companies including Coinbase, Slow Ventures, SV Angel, A.Capital, as well as Justin Kan and Adam D’Angelo.

5 days ago

New Zealand’s ASB Bank Takes Stake in Trade Finance Blockchain Startup – via Coindesk
A New Zealand bank has invested a “significant” amount in a startup working to put trade finance on a blockchain. Announced Tuesday, ABS Bank – an institution owned by the Commonwealth Bank of Australia – said it backed the TradeWindow platform after taking part in a pilot utilizing its tech to carry out a trade between a Korean importer and a New Zealand meat exporter last year. A.J. Smith, founder and CEO of TradeWindow said the undisclosed investment means his firm is one of the first tech companies in the country to backed directly by a New Zealand bank.

5 days ago

This Crypto Is Worth Less Than 1 Cent. VCs Are Betting Millions on Its Future – via Coindesk
Not all token sales led to quick failures or cash grabs. Some were part of a broader, albeit ambitious, business strategy. The blockchain startup Patientory, which makes a consumer health app and offers enterprise data management services to hospitals and clinics, just closed a $5.2 million Series A including R/GA Ventures. This comes as the startup’s first funding round since it split off from the Patientory Association, a nonprofit created after the May 2017 initial coin offering (ICO) of ethereum-based PTOY tokens raised $7.2 million.

5 days ago

Bitcoin Becoming a Better Hedge as US National Debt Hits $22.5 Trillion – via NEWSBTC
Bitcoin can be many things depending on how it is used. A form of digital money, a trading vehicle for short term gains, a long term investment, or as we have seen more recently, a hedge against government instigated economic hardships.

5 days ago

Multiple North Korean Cryptocurrency Hacks Under UN Investigation – via NEWSBTC
The United Nations has launched an investigation into North Korean cyber-attacks which targeted cryptocurrency exchanges in the neighboring South. India has also been a victim in the digital crime spree which targeted 17 countries in total.

We will post Live Crypto News by gathering them from various sources available, It will help you save your time especially for traders who like to know the happenings about various crypto coins. Please feel free to comment or ask your questions in comment section below and If you think this is useful please share it in your circle with your friends and other crypto enthusiasts.

12-AUG-2019

6 days ago

Korea Prepaid Card Invests in Blockchain-As-A-Service Company Bezant – via Coindesk
Korea Prepaid Card has made a major investment in Singapore-based Bezant, becoming the blockchain developer’s second largest shareholder. The news comes from an announcement on Bezant’s website. The terms of the deal were not disclosed and the exact split is being kept confidential by agreement between the two companies, according to the the release. Since April 2019, Bezant has been offering Blockchain-as-a-Service (BaaS) using Hyperledger Fabric technology. It also has a coin of its own, the BZNT, ranked about number 320 in terms of capitalization at about $8 million. In 2018, Bezant achieved the fastest-growing ICO in Asia, selling out available tokens in less than an hour.

6 days ago

Social Media Is Pushing Blockchain Developers Out – via Cryptodaily
Overall, social media has helped cryptocurrency and blockchain technology grow. Social networks such as Facebook and Twitter allow for open, honest and clear discussion about cryptocurrencies and also give users a platform through which they can learn from each other and collaborate. As a result, social media is generally leading a charge for the mainstream adoption of cryptocurrency thanks to it’s liberal and open nature.

6 days ago

Chinese Selling Bitcoin [BTC] at a Discount, Is the ‘Safe Haven’ Narrative a Misconception? – via Coingape
The relatively positive perception change from China on Bitcoin came as positive news last month. The Chinese legal system recognized Bitcoin as a virtual property and then the Central Bank issue an info-graphic about it. Moreover, the devaluation of the Chinese currency is continually affected the purchasing power of citizens. However, the narrative of Bitcoin as a safe haven still seems absent from the Country.

6 days ago

Stick To Sports, Mark Cuban: You Clearly Don’t Understand Bitcoin – via Cryptobriefing
Billionaires are always good for a spectacle. Elon Musk tweets a line about his favourite currency, and Dogecoin moons; when Mike Novogratz or Warren Buffett think aloud, the market holds its breath. Now another of the gilded breed is offering an unqualified opinion. Mark Cuban, who made billions during the dotcom era, said in an interview last week with a gold news site that he couldn’t see much separating the yellow metal from Bitcoin (BTC).

6 days ago

CEO of Dash Core Group discusses SEC’s ‘no-action letter’ and PrivateTransaction development – via AMBCRYPTO
CEO of Dash Core Group discusses SEC’s ‘no-action letter’ and PrivateTransaction development. 2019 has witnessed a series of announcements from the Dash Core Group community. DCG first revealed that they were planning a testnet release in December for Dash Platform, also termed as Evolution. It was indicated that project Evolution would allow developers to release their own devnet and also register independent test identities with the Dash Platform Naming Service.

6 days ago

Exit Scams Swindled $3.1 Billion From Crypto Investors in 2019: Report – via Coindesk
Cryptocurrency crime made good money last quarter, although less than in the first quarter of 2019. According to an initial release of CipherTrace’s Q2 2019 Cryptocurrency Anti-Money Laundering Report to CoinDesk, aggregate crypto losses reached $4.3 billion this year. Hacking thefts amounted to $125 million, adding to a 2019 total of $227 million. Excluding the QuadrigaCX hacking of $195 million, hackers stole $161 million in Q1. Given that CipherTrace’s price estimations are set at the time of initial reporting, current valuations would be much higher.

6 days ago

SEC Delays Decisions on 3 Bitcoin ETF Proposals – via Coindesk
The U.S. Securities and Exchange Commission (SEC) delayed making a decision on three bitcoin exchange-traded fund (ETF) proposals Monday. The ETFs, proposed earlier this year by asset managers Bitwise Asset Management, VanEck/SolidX and Wilshire Phoenix, and filed with exchanges NYSE Arca and Cboe BZX, are all seeking to become the first such investment vehicle based on bitcoin.

6 days ago

Over 18000 BTC worth over $200 million moved – via AMBCRYPTO
It has been an interesting past week for Bitcoin as the price surged past $12,000 mark but at press time, it was hovering again in the lower range of $11,000 after witnessing a 6 percent fall on 10 August. The volatility of BTC’s price had a noticeable effect on other assets but Bitcoin’s arbitrary movement had the market confused whether these were bullish or bearish traits.

6 days ago

Nearly $500M Locked In DeFi Smart Contracts – via Cryptobriefing
Ethereum-based lending continue to dominate the nascent sector of decentralized finance (DeFi). Nearly half a billion dollars’ worth of assets are locked up in DeFi smart contracts, with stablecoin and CDP provider MakerDAO (DAI) remaining the clear market leader. According to data from Defipulse, decentralized finance now accounts for $475M in total value, up from nearly zero two years ago. After rapid growth, that figure has fallen somewhat after reaching an all-time high of $683M in late June.

6 days ago

Crypto Analyst: Look For One Simple Sign Before Alt Season Has Officially Begun – via NEWSBTC
Throughout 2019, and even during the 2018 bear market, the promise and allure of an “alt season” have kept crypto traders buying each dip in the altcoin market, meanwhile, Bitcoin and its parabolic rally have only decimated the alternative crypto asset category further through growing BTC dominance. The tides have started to turn and Bitcoin dominance has begun to reverse. As altcoins bounce strongly and give hope that the bottom is in, one crypto analyst warns that one simple signal must occur before any crypto investors should consider that an “alt season” has begun.

6 days ago

Bitcoin Price Reaches More Than $12,300 in Argentina as Peso Tumbles 30 Percent – via U.TODAY
On Aug. 12, Argentina’s peso tumbled more than 30 percent after its incumbent president President Mauricio Macri lost the primaries by a huge margin. The center-right politician was defeated by his left-wing rival Alberto Fernández. Bitcoin bull Anthomy Pompliano didn’t waste any time to predict that Argentina could be the first country to face a currency crisis during the looming global recession.

6 days ago

Ripple’s B2B strategy is helping people build new business, says Ripple’s Audience Marketing Director – via AMBCRYPTO
Ripple is synonymous to ‘Tsunami’ when it comes to the cryptocurrency ecosystem. Although most crypto businesses have made headlines for duping investors, the “frictionless payments” pioneer has taken crypto adoption to the next level. To sum up the current state of affairs, Shanna Leonard, Sr. Director of Audience Marketing at Ripple said in a conference, “Ripple is not just selling a technology project to financial institutions. We are working with regulators in every country around the world to educate, influence and provide the needed direction.”

6 days ago

Will Security Token Offerings Have their Breakthrough Moment? – via beincrypto
Tokenized securities were set to be the next evolution for digital currencies, though still it seems like the security token offering (STO) hype is deflating. Throughout 2018, as the bear market ensued for cryptocurrencies, including ICO tokens, the attention shifted towards security and asset tokenization – the process of digitizing real-world assets. The tokenization process promises to bring more liquidity and overall improve accessibility for investors to assets that otherwise would be off-limits.

6 days ago

Historical Data Shows Bitcoin Price Correction Could Last 5 More Months – via NEWSBTC
While crypto investors and traders are ready for the next bull run to fully commence, Bitcoin price has once again been rejected from highs above $12,000 and is potentially looking at more downside in the coming days. This is all normal, according to historic Bitcoin price charts, according to one crypto analyst, who says that past early bull market corrections have lasted roughly 200 days. If history repeats itself, which it often does, there could be another 5 months left for the current crypto market correction.

6 days ago

Tron’s weekly report reveals positive updates as it records highest surge this week – via AMBCRYPTO
Justin Sun-led Tron Foundation is almost always in the news for its constant developments in the ecosystem. Most recently the much-awaited Sun Network which claims to solve scalability issues went live on the Tron network. Every week, the foundation releases a report in 15 languages citing the several advancements in the Tron ecosystem.

6 days ago

IOST-Backed Emogi Network Launches With Two Established DApps – via Cryptobriefing
Today Emogi announced the launch of a network for engagement-based micropayments and staking. The IOST-incubated ecosystem features two already-existing apps: Berminal, a cryptocurrency news aggregator, and Bermi, a video sharing social media similar to TikTok.

6 days ago

Bitcoin Sees Constant Demands In Hong Kong As Protesters Seek Anonymity – via Coingape
The demand for bitcoin in Hong Kong has soared higher and higher by the weeks as protesters seek the anonymity of transactions and privacy from law enforcers in the country. At the moment, the price of bitcoin on popular Hong Kong crypto exchange, TideBit is about $11,477.34, about $80 higher than figures derived from coin market cap and most other crypto exchanges outside Hong Kong. As a matter of fact, the figure had been around $160 within the last week.

6 days ago

Crypto Code Commits Remain Near All-Time Highs, Despite Price Declines – via Coindesk
The least committed contributors were the first to leave as cryptocurrency market caps went south. That’s the main finding from Electric Capital’s second “Developer Report,” which was published Monday. The report analyzes code activity in all the open-source repositories in crypto and follows the venture capital firm’s first such report from March.

6 days ago

Three UK Men Busted Over Bitcoin-Based Drug Ring – via Coindesk
A bitcoin-based drug gang landed a cumulative 20 plus years in prison following a UK police bust. Colin McCabe, Toby Woods, and Robert Price sold over 1 million pounds worth of Class A drugs including cocaine, ketamine, and cannabis. The trio sold their products on the dark web and shipped as far as Australia, according to an August 9 BBC report. The FBI first tipped off UK police of the self-proclaimed ‘Project4’ drug ring.

6 days ago

Goldman Sachs Gives Investors a Rare Signal to Buy Bitcoin – via beincrypto
Major investment bank Goldman Sachs has just told investors that they should use the current dip to their advantage and buy Bitcoin. The firm is placing a short term target at $13,971.

6 days ago

Colu May Buy Back ICO Tokens in Pivot Away From Blockchain – via Coindesk
Blockchain startup Colu is eliminating blockchain from its business plan. Citing regulatory uncertainty, technical challenges and growth in non-blockchain related opportunities the company is concluding its blockchain project, the Colu Local Network (CLN), according to a statement. As part of the scale down, the company will repurchase approximately 54 million tokens sold during its $17 million ICO from those that participated in the crowd-sale.

6 days ago

New Zealand Allows Workers To Receive Their Salary In Stablecoins – via UsetheBitcoin
New Zealand becomes one of the first countries to allow workers to receive their salary in cryptocurrencies. The information was released by the country’s tax regulator the New Zealand Inland Revenue Department. The new ruling is expected to be applied as soon as September 1st.

6 days ago

Trading Vet Jim Wyckoff Is Not Bearish on Bitcoin Despite Recent Price Drop – via U.TODAY
The Bitcoin price fell sharply below the $11,200 level on Aug. 10, which indicated a mounting selling pressure. Still, trading vet Jim Wyckoff, who has been involved in markets for over 30 years, believes that this is not a bearish sign for the crypto king.

6 days ago

There is No Place for Binance IEOs on Binance US Yet – via CryptoNews
While Binance US, the American branch of major cryptocurrency exchange Binance, included four stablecoins among its 30 potential candidates to be listed on this upcoming platform, no Binance IEOs (initial exchange offerings) are on the list. Hyped projects such as BitTorrent (47th by market capitalization), Fetch.AI (207), Celer (180) and Matic Network (127), that raised capital on the Binance Launchpad platform, have been left outside of the list alongside with many other coins, including Tron (13th by market capitalization).

6 days ago

Bitcoin Cash Labeled a ‘Wounded Animal’ But BCH Could Still Surge 150% – via NEWSBTC
There has only been one mover and shaker in the world of cryptocurrencies over the past month or so. All eyes have been on Bitcoin while its smaller siblings have been eroded as altcoins remain in deep hibernation.

6 days ago

Major South Korean Holding Company Will Use Ripple Tech for Donations Platform – via beincrypto
SK C&C, the holding company of South Korea’s third conglomerate the SK Group, plans to develop a donation platform on Ripple. A stablecoin will also be issued linked at a 1:1 ratio with the Korean won along with a utility token.

6 days ago

IBM, Tata Become First Big Techs to Back Hedera Blockchain – via Coindesk
IBM and Indian telecom company Tata Communications have joined the governance council of Hedera Hashgraph, a blockchain-like public network for enterprises. Now, eight of the 39 available spots for governing council members are filled, the network announced Monday. “Our goal is to create the most decentralized governing body of any of the major public platforms,” Mance Harmon, CEO of Hedera, told Coindesk. “We’re covering multiple industries … and we’re wanting global coverage.”

6 days ago

Coinbase UK Ditches Zcash, Founder Insists Coin is Compliant – via CryptoNews
The UK-based branch of popular American crypto exchange Coinbase is de-listing Zcash (ZEC) from its trading platform, an email sent out to clients late last week revealed. According to the email, the privacy-focused cryptocurrency will be removed effective August 26, 2019. All clients are asked to either sell or convert their ZEC holding to another supported asset by that date. Failure to do so will lead to any remaining ZEC being automatically liquidated to British Pounds, the update said.

6 days ago

Kakao Teases 2019 Launch of Crypto Wallet, Dapp Partners – via Coindesk
Messaging app giant Kakao – which launched its own blockchain in June – has said it plans to release a cryptocurrency wallet dubbed “Klip” later this year. The firm posted a teaser page to the “More” tab in its KakaoTalk app on Aug. 12, according to a report from CoinDesk Korea, offering a few details of the planned product.

We will post Live Crypto News by gathering them from various sources available, It will help you save your time especially for traders who like to know the happenings about various crypto coins. Please feel free to comment or ask your questions in comment section below and If you think this is useful please share it in your circle with your friends and other crypto enthusiasts.

11-AUG-2019

7 days ago

Utah Blockchain-Based Primary Election Voting Pilot to Roll Out Next Week – via beincrypto
The trial will allow overseas voters, including active-duty military personnel and holidaymakers, to register their votes for the upcoming municipal primary election using the Voatz app. Blockchain-based voting has recently been hailed as a solution to two major problems faced by many elections. The first being voting manipulation, while the second is providing a cheap and reliable way to securely record absentee votes.

7 days ago

IDC: Blockchain Industry Spending to Grow by More Than 300% by 2023 – via beincrypto
According to an update to the Worldwide Semiannual Blockchain Spending Guide by the International Data Corporation (IDC), blockchain spending is predicted to grow at a staggering rate between 2019 and 2023.

7 days ago

Coinbase Pro Announces Algorand (ALGO) Listing – via SludgeFeed
Following a series of major exchange listings over the past month, Algorand (ALGO), a new permissionless, pure proof-of-stake blockchain project led by Turing Award winner Silvio Micali, has officially landed a listing on Coinbase Pro.

7 days ago

80% of Tether Controlled by Just Over 300 Addresses – via beincrypto
According to a report by Bloomberg, 318 addresses hold $1 million or more of Tether tokens (USDT). This finding suggests that the distribution of Tether is limited to a mere few players. These large holders, referred to as whales, include Malta-based Binance and Hong Kong-based Bitfinex. This type of centralized holding could potentially affect the coin’s reputation in the future.

7 days ago

Tron’s community welcomes Sun Network code V1.0 with open armsn – via AMBCRYPTO
Tron Foundation launches its scalability solution called ‘Sun Network’s’ V 1.0 today. Built to expand the capacity of Tron mainnet, Sun Network will also incorporate multiple scaling projects like the DAppChain, smart contract optimized application side-chain and cross-chain communications. Tron foundation CEO Justin Sun took to Twitter to announce the launch of the Sun Network’s DAppchain Code.

7 days ago

Ripple SVP Asheesh Birla confirms MoneyGram’s xVia integration – via AMBCRYPTO
Ripple has taken the word ‘partnership’ to the next level as it dictates domination over the entire cross border payments ecosystem. As the recent Ripple-MoneyGram initiative continues to define financial momentum within various geographies, the quest to find out the core inner-workings has led crypto enthusiasts to carry out surprise AMA sessions with business leaders. Answering one such question, Ripple SVP, Asheesh Birla shared that MoneyGram is using xVia API to access RippleNet for cross border payments.

7 days ago

Bitcoin Is ‘Ludicrously Undervalued’ As A Financial System Says Raoul Pal – via beincrypto
Raoul Pal, the founder of Global Macro Investor and Real Vision Group, took to Twitter to point out that global financial markets and currencies are at a very fragile point. In a volley of tweets, Pal claimed that with the dollar rising at an uncontrollable rate, we could witness all major Asian currencies falling by 20 percent or more. He added that Bitcoin (BTC) is gaining popularity as an alternative system.

7 days ago

China’s central bank announces completion of virtual currency after meticulous planning since 2014 – via AMBCRYPTO
Mu Changchun, Deputy Chief in the Payment and Settlement Division of the People’s Bank of China [PBOC], recently announced at the third “China Finance 40 Yichun Forum”, that the development period of People’s Bank of China’s [PBOC] digital currency was near completion and it was “said to be ready.” Changchun also revealed that the Central Bank’s virtual asset would be operated and established on a two-tier structure in order to deal with China’s massive economy, resource endowment, and vast population.

7 days ago

Derivatives Drama: The Unintended Consequences of Crypto Regulation – via Coindesk
Last week’s kerfuffle over the launch-that-wasn’t of LedgerX’s physically delivered futures platform highlights two very important lessons, one obvious and one less so. The obvious conclusion is that one needs to tread very carefully when it comes to claiming regulatory approval. LedgerX announced the launch of its retail physically delivered bitcoin futures platform, only to find that the Commodity Futures Trading Commission (CFTC) had not yet approved a necessary amendment to its clearing license. Tensions flared and the launch was subsequently walked back.

7 days ago

Mark Cuban Considers Bitcoin Is Be Better Than Gold – via UsetheBitcoin
Bitcoin (BTC) has an advantage over gold according to the billionaire entrepreneur Mark Cuban. During a recent interview with Kitco, Mr. Cuban said that gold will continue to be mined in the future but Bitcoin has a limited supply. Mark Cuban is an investor that does not support gold as a store of value and investment asset.

7 days ago

Decentralized Finance (DeFi) Challenges the Global Financial System – via CryptoNews
Do you still think crypto is a scam? That smart contracts are useless? If so, please allow me to introduce you to a phenomenon you may not know about. Decentralized Finance, or what the crypto crowd calls “DeFi.” I’m talking about a soon-to-be, separate, parallel universe in the world of finance. One that uses strictly Distributed Ledger Technology (DLT).

7 days ago

Binance’s Tips on How to Avoid Dusting Attack After Litecoin Case – via U.TODAY
After a dusting attack on Litecoin users, the crypto exchange Binance gave some tips on how to protect your wallet.

7 days ago

Litecoin has an advantage over Bitcoin in Segwit adoption – via AMBCRYPTO
Bitcoin’s scalability issue has been a big concern for the community ever since other altcoins and forked coins found a way to make transactions faster and less costly. So, when Segregated Witness (SegWit) came into the picture, people expected Bitcoin to be among the first to adopt it. However, it was litecoin who implemented the Segwit protocol first in April 2017 even though they did not really need it.

7 days ago

New Jersey Bureau of Securities Issues Cease and Desist Orders Against Two ICOs – via beincrypto
The New Jersey Bureau of Securities has issued emergency cease and desist orders to the blockchain startups Zoptax and Unocall. The state cracked down on the companies as part of its “Operation Cryptosweep” that aims to protect investors from fraudulent Initial Coin Offerings (ICOs.) According to the state’s press release, both companies were allegedly offering unregistered securities to retail investors.

7 days ago

Litecoin’s Charlie Lee explains Github inactivity; promises more focus on development side – via AMBCRYPTO
It has been a monumental year for Litecoin; the silver coin improved its valuation by almost 190 percent since January and the virtual asset also completed its 2nd Litecoin halving last week. However, Litecoin was under the gun over the past few weeks after it was observed that the digital asset recorded almost zero activity on Github in 2019. Many community members raised the questions of the silver coin’s shortcoming on the tech front.

We will post Live Crypto News by gathering them from various sources available, It will help you save your time especially for traders who like to know the happenings about various crypto coins. Please feel free to comment or ask your questions in comment section below and If you think this is useful please share it in your circle with your friends and other crypto enthusiasts.

10-AUG-2019

1 week ago

Report Shows Exchange Hacks Are Falling Compared To Industry’s Growth – via UsetheBitcoin
Since exchanges operate in the cryptocurrency market they have been affected by attacks and hacks from different parties. This has been one of the major problems faced by the crypto industry as a whole due to a large number of funds lost by investors around the world.

1 week ago

Reverse Altcoin Season at the Brink of Collapse – Here’s What Analysts Predict for ‘Hodlers’ – via Coingape
The beginning of the year saw Bitcoin [BTC] and altcoins deep in a bearish market as they tested their lows. The probability of their demise or rise was almost equal with them sharing similar dominance ratios. However, in less than eight months into the year, the dynamics of the cryptocurrency markets have shifted vastly. Bitcoin’s dominance has grown to about 70%.

1 week ago

Bitcoin.com Changes Default Buy From BCH To BTC, Roger Ver Responds to Situation – via Coingape
Popular cryptocurrency company bitcoin.com recently changed its website’s default buy button from Bitcoin Cash (BCH) to Bitcoin (BTC) and some users are reacting to this change in a number of ways. On Saturday, bitcoin.com users seemed to have noticed a sudden change in the default buy button on the company’s website. A Reddit account posted the update on r/bitcoin’s page, notifying the community of this sudden unannounced change. The change, according to the Reddit post gave preference to Bitcoin (BTC) as the new default buys over Bitcoin Cash (BCH) which was previously used cryptocurrency.

1 week ago

IBM Files Patent for a Blockchain-Based Web Browser – via Coindesk
A new patent application from IBM describes a blockchain-based web browser. Filed on August 6 by the United States Patent and Trademark Office, IBM’s patent is for a web browser backed by a peer-to-peer network. The browser collects pre-specified information from web browsing sessions, according to the patent. The information is then transferred to a network of peer-to-peer nodes for collection and storage. Information collection depends on the type of browsing experience chosen. Browsing on a work computer versus a personal browser would demand different settings, for example.

1 week ago

Bitcoin 2019 Rise Is Due to Institutional Investors Says Report – via beincrypto
Fidelity and other big-name financial giants are buying a major stake in Bitcoin, according to a new report by CoinShares. It claims that this recent tsunami of institutional money is pushing Bitcoin’s price upward this year despite little retail interest.

1 week ago

Litecoin Users Affected By Dusting Attack – How To Avoid It? – via UsetheBitcoin
According to a recent tweet released by the cryptocurrency exchange Binance, there are several Litecoin (LTC) users that have been affected by a dust attack. Although this is not a threat to users, it shows that there are malicious parties trying to get information about large Litecoin holders.

1 week ago

Ripple leads the pack after XRPL validators get ranked – via AMBCRYPTO
The XRP community reached yet another developmental goal after XRPLstats, an XRPL statistics monitor, announced on Twitter a ranking for all its validators. The aforementioned ranking is based on certain criteria; namely, Availability, Consistency, Reliability, and Transparency. The rankings in question are using the public API at the moment.

1 week ago

Bitcoin Becomes the World’s Eleventh Largest Monetary System – via beincrypto
Bitcoin is now the eleventh largest money supply in the world, as pointed out by Twitter user Rhythm Trader. Bitcoin, with a market capitalization of $208 billion, is only marginally behind Russia and India and has overtaken many powerful nations such as Canada, Australia, and South Korea.

1 week ago

In Big Block Hard Fork, Craig Wright’s Bitcoin Has Left Nodes Behind – via Coindesk
In the wake of a recent network upgrade, a number of nodes have been separated from the bitcoin SV blockchain, a development that highlights why “hard forks” have long been the subject of passionate infighting among cryptocurrency developers. According to block explorer Blockchair, roughly 20 percent of BSV nodes are still running an older version of the software. That’s before most of the bitcoin SV moved to a new blockchain in an upgrade known as a “hard fork,” executed on July 24th, which increased the blockchain’s block size parameter to 2 GB with the goal of increasing transaction volume.

1 week ago

Now That Bitcoin ‘is Digital Gold,’ Which Crypto is For Payments? – via CryptoNews
Ever since the post-April cryptocurrency bull market, Bitcoin has been gradually consolidating its status as a store of value. This was confirmed most emphatically on July 11, when Federal Reserve chairman Jerome Powell told the U.S. Senate banking committee that investors use the cryptocurrency “as an alternative to gold.” “It’s a store of value, a speculative store of value, like gold,” he added, providing further weight to the theory that Bitcoin’s relative lack of correlation with other assets makes it a safe haven. But assuming that this theory is largely true, it needs to be asked whether other cryptocurrencies are now superior as means of payment.

1 week ago

Crypto Gamers Are Showing Little Interest in the Decentralized Nature of NFTs – via Coindesk
A new report on the nascent ecosystem of blockchain-based games indicates that one of the model’s most-trumpeted characteristics — the ability to mix and swap data between games – isn’t panning out. The idea of cross-overs between games isn’t exactly new. Series like Nintendo’s Super Smash Brothers perhaps best exemplify this approach, with familiar characters coming together in one game. But those characters are all under Nintendo’s control — and it’s this area that blockchain games promise a new paradigm, in which a player’s hard-earned progress could be utilized in one game and, as they choose, moved to another.

1 week ago

Low Transaction Fees Prove Bitcoin Network Is Scaling Well – via beincrypto
As the price of Bitcoin has increased since the start of the year, transaction fees have remained surprisingly low. Median transaction fees are hovering around $0.15 with Bitcoin over $10,000, as opposed to the 2017/18 bull run where fees were often above $1.

1 week ago

Tron Founder Justin Sun: Getting TRX Listed on Coinbase and Binance US Is Priority #1 – via U.TODAY
In a recent tweet, a member of the Tron community, TronSpark user, cited the list of the coins that Binance considers adding to its soon-to-be-launched US branch. TRX was not on that list. Binance did that following Coinbase in its intention to list more coins. TronSpark says that TRX must also get onto one of those platforms, since there are big investors interested in trading TRX who must not be lost.

We will post Live Crypto News by gathering them from various sources available, It will help you save your time especially for traders who like to know the happenings about various crypto coins. Please feel free to comment or ask your questions in comment section below and If you think this is useful please share it in your circle with your friends and fellow crypto enthusiasts.

09-AUG-2019

1 week ago

Yang Advances in the 2020 US Presidential Race, Here’s What Survey Predits for Crypto-Enthusiasts – via Coingape
Andrew Yang, the 44 years old Tech Entrepreneur running for the Presidential election in 2020, has made another progress. Among the fight between Democrats, Andrew Yang has become the ninth candidate to qualify for the next round. The Tech Entrepreneur, attorney, and philanthropist is very popular among the crypto-community. He has often been known to express himself as a proponent and has promised clear guidelines and regulations in his tenure.

1 week ago

Bitcoin price on way to $250,000 by Q1 2023: Tim Draper – via Bitcoinist
Billionaire venture capitalist and Bitcoin bull Tim Draper is making media waves again. Draper is well known for predicting that Bitcoin will top $250,000 by 2022 and on Thursday he discussed the prediction with Yahoo Finance. Draper told Yahoo Finance‘s YFi PM that Grit BXNG, a boxing gym Draper invested in, will accept BTC. According to Draper, this would make the Grit BXNG the first gym in America to accept Bitcoin.

1 week ago

Dash Claims “Better Than Bitcoin” Security – via Cryptobriefing
The Dash (DASH) network is now more secure than Bitcoin (BTC), according to several executives of the core team. An upgraded consensus protocol and instant-by-default transactions are expected give Dash significant advantages in user experience and the network’s utility. Known as LLMQ-based ChainLocks, the upgrade uses masternodes to ‘lock’ new blocks, thereby preventing network forks or double-spends. Each successful block becomes immutable as soon as it is broadcast, making its transactions irreversible.

1 week ago

Binance’s US Subsidiary Is Weighing 30 Different Cryptos For Listing – via Coindesk
Binance, the world’s largest cryptocurrency exchange by trading volume, has said that it is considering 30 potential cryptocurrencies and digital assets for its forthcoming U.S. subsidiary. According to a Medium post published August 9, Binance US — a “tailor-made platform to access cryptocurrencies in the United States” — has adopted a Digital Asset Risk Assessment Framework to meet compliance requirements of the country.

1 week ago

This Lucky Bitcoin Bull Names the Main Reason Why You Should Invest in Blockchain Stocks – via U.TODAY
John Hargrave knows a thing or two about rising from the ashes. After losing his fortune during the infamous dot-com bubble, he became rich once again because of Bitcoin. However, according to Yahoo! Finance, Hargrave now focuses on Blockchain, the very technology that underpins the first cryptocurrency.

1 week ago

Litecoin records stronger SegWit adoption, despite Bitcoin hitting ATH a few weeks ago – via AMBCRYPTO
With figures amounting to less than half, not many Bitcoin wallets have implemented the backward compatible upgrade, SegWit, even after two years of its official release. Just two weeks ago, Bitcoin’s transactions had soared to an all-time high with respect to SegWit, with 48.1% of all BTC payments leveraging the upgrade. Previously, the SegWit adoption rate had stalled, with only around 40% of all BTC transactions leveraging the upgrade between January 2018 and April 2019.

1 week ago

Ripple CEO Intends to ‘Press Advantage’ With New Investments – via Coindesk
Blockchain payments startup Ripple is looking to make new investments and acquisitions, with a few deals reportedly underway, according to the company CEO. This announcement comes in light of Ripple’s Q2 report, which detailed the company’s total sales of its native token XRP increasing by nearly 48 percent to $251 million. This growth was driven primarily by a strong uptick in institutional sales.

1 week ago

Wirex Steps Closer To Launching Japanese Crypto Exchange – via Cryptobriefing
Japan’s industry association for cryptocurrencies has approved a license application from Wirex, making it one of the few virtual payments platforms to receive preliminary authorization to operate in the country. The Japan Virtual Currency Exchange Association (JVCEA) today welcomed Wirex Japan as type II member. While membership does not confer any additional business privileges, it is the first step towards receiving a full exchange license.

1 week ago

Crypto Entrepreneur Jeremy Gardner Pitches Reality Show to TV Networks – via Coindesk
Will a bitcoin millionaire become the next reality TV star? Serial entrepreneur Jeremy Gardner, the 27-year-old co-founder of Augur and the Blockchain Education Network, is taking on Hollywood with a self-funded YouTube series called the “Crypto Castle Chronicles.” Produced by Adrian Basch, formerly of Vice and now a contributing producer on the CNBC Africa “Crypto Trader” show hosted by Ran NeuNer, “Crypto Castle Chronicles” is being shopped around to television networks, Gardner said.

1 week ago

EtherFlyer Greatly Outperforms Binance DEX as Decentralized Cryptocurrency Exchanges Triple Their Trading Volumes Over the Last Year: Report – via U.TODAY
According to a recent study conducted by cryptocurrency research firm DataLight, decentralized crypto exchanges have tripled their volumes over the last year. While decentralized trading platforms occupy only a modicum of the crypto market, they have become a growing trend in 2019.

1 week ago

Why the English Premier League Is Embracing Cryptocurrency – via beincrypto
Sports endorsements in the crypto-world have taken center stage this year. The English Premier League, in particular, has taken a noticeable liking to the emerging cryptocurrency industry.

1 week ago

MangoCoin Fraudulently Uses Bitmain’s Name To Sell Cloud Miners – via Coingape
A new crypto platform named MangoCoin was fraudulently using the name of Bitmain to sell its cloud miner. Bitmain quickly responded to it in a blog post stating that it has no association with the company whatsoever.

1 week ago

Bitcoin mounts a challenge to the government and its regulatory overlords – via AMBCRYPTO
Every invention or discovery the world has ever seen came to be because of the inadequacy of the present. Steam engines evolved because of the inadequacy of transportation, computers and mobile phones evolved because of the inadequacy of technology, and the Internet was born out of the inadequacy of communication and information. Bitcoin too was created out of inadequacy. The inadequacy of the government.

1 week ago

Gann Theory Suggests Bitcoin Price at “Do or Die” Moment, Important Pivot Ahead – via NEWSBTC
Bitcoin price continues to struggle to regain the bullish momentum it had during the parabolic climb above $10,000, but bears have also been unable to push the price of the leading crypto asset by market cap any lower, resulting in an impasse that is playing out in recent price action. The indecision may have been easily predicted, using Gann theory – the practice of using mathematics, geometry, and time to predict price movements in stocks and other financial assets – according to one analyst’s “Gann chart.” The same chart also appears to suggest that Bitcoin price is at a critical “do or die” moment that will define the months to come.

1 week ago

Bitcoin Investing Scam Gets in the Crosshairs of US Regulator – via U.TODAY
The Texas State Securities Board (TSSB) has filed a cease and desist order against cryptocurrency firm Forex and Bitcoin Trader that that operated like a typical pyramid scheme. The regulator reports about an increasing number of such frauds after Bitcoin surged to nearly $14,000 back in June.

1 week ago

Standard Chartered Bank See’s Success With Voltron – via Cryptodaily
Standard Chartered are a leading British banking and financial service firm that have recently announced some very exciting news from within their native blockchain project known as Voltron. Voltron is a blockchain based financial trading platform, one that has been set up as a platform to encourage the use of blockchain technology for institutional level financial trade. Standard Chartered really are spearheading some very interesting developments with Voltron, so, to hear that the first successful transaction has taken place within the network is very exciting news indeed.

1 week ago

Bitcoin (BTC) Has Yet To Decline Like The Rest Of The Market – via Cryptodaily
Usually, we see the market dance to the tunes of Bitcoin (BTC) but that is not what happened recently as altcoins started to decline while Bitcoin (BTC) was still holding its ground. In fact, a comparison of the 4H chart for BTC/USD and ETH/USD would make that difference very clear. Anyway, we have yet to see a meaningful bearish breakdown in Bitcoin (BTC). So far, it is trading in a pennant and traders are of the view that this could break to the upside just as it could to the downside although the RSI points to the latter. A lot of traders are still overly bullish and believe it or not, this is the turning point where one of these two sides has to win.

1 week ago

Peter McCormack hits back at Bitcoin SV’s Craig Wright with stinging rebuttal – via AMBCRYPTO
Craig Wright’s tryst with the law is far from over. After a UK Court threw out the the nChain Chief Scientists’s libel suit against Bitcoin.com’s Roger Ver, the self-proclaimed Satoshi Nakamoto is back in the news.

1 week ago

Ripple’s Michelle Bond backs a ‘principle-based framework’ for crypto-regulations in the United States – via AMBCRYPTO
Apart from Bitcoin’s resurgence and the brief bull run the market had been on since April, 2019 has been highlighted by governments and financial institutions seriously discussing crypto-regulations. The fire was fueled by Facebook’s introduction of Libra, an announcement which made major headlines, especially after both the U.S Senate and the U.S House of Representatives took the crypto-project’s case very publicly.

1 week ago

Litecoin (LTC) Acknowledged as Payment Token by IMF, Community Says It’s Unofficial – via U.TODAY
A co-founder of Litecoin, Xinxi Wang, has recently tweeted that the International Monetary Fund (IMF) has finally admitted Litecoin to be a payment token and actually approved of LTC. The data comes from the IMF report where Litecoin is called a digital method of payment. However, the LTC community has expressed its strong doubts.

1 week ago

15 Nations Plan Global Crypto Monitoring System Under FATF: Report – via Coindesk
Fifteen nations are planning to set up a system to monitor cryptocurrency transactions alongside the Financial Action Task Force (FATF), a Friday report indicates. According to Nikkei Asian Review, the aim is to stem the movement of funds for illicit purposes, such as money laundering and funding of terrorism, by collecting and sharing transaction data, as well as the personal information of cryptocurrency users.

1 week ago

Bitcoin in Tug of War Between Bulls and Bears as Trading Range Tightens – via Coindesk
Bitcoin (BTC) is witnessing indecisive price action for the third day, with a break above Wednesday’s high of $12,145 needed to revive the bullish outlook. The leading cryptocurrency is currently trading at $11,690 on Bitstamp, representing a 0.85 percent drop on the day. Prices hit a high of $12,040 in the Asian trading hours before quickly falling back below the $12,000 mark. Today is the fourth straight day of bull failure above $12,000.

1 week ago

Brian Kelly Considers 2019 Will Be A Very Important Year For Bitcoin – via UsetheBitcoin
Brian Kelly, the founder and CEO of BKCM LLC, considers that the current year is going to be a turning point for Bitcoin (BTC), the largest and most popular digital asset in the world. At CNBC’s Squawk Box, he said that for the first time since 2013, Bitcoin is being traded like a macro asset.

1 week ago

This Bank Gave Bitcoin to Its Entire Staff. Now It’s Taking Crypto Clients – via Coindesk
A small bank in New York City has started doing business with cryptocurrency firms, joining the very short list of U.S. financial institutions to embrace the sector. Quontic Bank opened a checking account for a bitcoin ATM company a few weeks ago and is in the process of completing a contract to deliver banking services to another crypto startup. The bank wouldn’t name either client.

1 week ago

Altcoins Annihilated as Crypto Winter Threatens to Return – via NEWSBTC
This week in crypto has been a miserable one for altcoins with a number of them dumping double digits. Bitcoin has largely held on to its gains but the same cannot be said for its siblings which are in danger of freezing over once again.

1 week ago

Binance Enter Negotiations With Hacker – via Cryptodaily
Yesterday we reported on an on-going dispute between leading cryptocurrency exchange Binance and a hacker, who claims to have stolen passport and ID card scans of around 10,000 users of the platform. This is quite a large claim given that if this personal information is released, Binance would find themselves in some very tricky waters indeed. The hacker is naturally asking for a Bitcoin ransom in return for an assurance that the documents won’t be released. Yesterday when we reported on the story, it seemed that Binance were certain the hacker did not have any personal information from within their systems, though new reports are now starting to suggest that Binance may have been involved in negotiations with the hacker previously, back in May amid reports of a large scale hack.

1 week ago

Binance Receives Letter of Appreciation from Japan for Charity Efforts in 2018, Twitter User Accuses CZ of Hypocrisy – via U.TODAY
Binance has just spread the word that it had received a letter of appreciation for its help with donations back in summer 2018 when the floods burst out in Japan.Overall, the community’s reaction to the news has been quite neutral so far. No comments with admiration, congratulations or encouragement have been posted. One user, however, accused Binance of hypocrisy, saying that donation collecting for major disasters, like the floods in Japan or Notre Dame, are merely self-promotion for those who collect them. He pointed out that wealthy celebrities and companies have already donated enough to rebuild the cathedral. However, he states, nobody collects donations for less well-known disasters, like those in Yemen or Indonesia.

1 week ago

Crypto Tax Startup Recap Launches Its UK Application – via beincrypto
Innovate UK grant winners Recap recently released a desktop application that simplifies tax positions for cryptocurrency investors. Recap brings transparency to cryptocurrency finances, while ensuring financial data is protected using end-to-end-encryption. This follows recent rumours of a HMRC crackdown on cryptocurrency tax.

1 week ago

Coinbase Sets Out How It Foiled a ‘Sophisticated’ Hacking Attack – via Coindesk
Cryptocurrency exchange Coinbase has described how it was targeted by, and foiled, “a sophisticated, highly targeted, thought out attack” aimed to access its systems and presumably to make off with some of the billions of dollars’-worth of cryptocurrency it holds. In an Aug. 8 blog post that sets out in technical detail how the plot unfolded and how the exchange countered the attempted theft, Coinbase said the hackers used a combination of means to try and hoodwink staff and access vital systems – methods that included spear phishing, social engineering and browser zero-day exploits.

1 week ago

Senior CFTC Official Who Set Bitcoin Futures Policy Is Leaving: Report – via Coindesk
The U.S. Commodity Futures Trading Commission (CFTC) is losing another senior level staffer. Bloomberg Law reports Friday that a number of sources have said Amir Zaidi, director of the CFTC’s Division of Market Oversight (DMO), is to leave the regulator within weeks. Zaidi had been in the post since early in 2017 and was the official responsible for setting policy on bitcoin futures trading and redrafting the rules on OTC swaps markets.

We will post Live Crypto News by gathering them from various sources available, It will help you save your time especially for traders who like to know the happenings about various crypto coins. Please feel free to comment or ask your questions in comment section below and If you think this is useful please share it in your circle with your friends and fellow crypto enthusiasts.

08-AUG-2019

1 week ago

Trump Administration Places Fresh Sanctions on Venezuela While Freezing Assets – via beincrypto
U.S. President Donald Trump has signed an executive order freezing all Venezuelan government assets and property starting August 5, 2019. The new sanctions were announced in the wake of escalated tensions between America and the Venezuelan government led by Nicolas Maduro.

1 week ago

Bitcoin Outshines Gold Amid Risk Aversion in Financial Markets – via Coindesk
Bitcoin is outperforming gold amid heightened uncertainty in the global markets. The world’s most valuable cryptocurrency is currently trading at $11,700, representing 16 percent gains on a month-to-date basis. Meanwhile, gold, the traditional safe-haven asset, has added 6 percent this month. The precious metal picked up a bid at $1,400 on Aug. 1 as the U.S. President Trump’s decision to escalate trade tensions with China triggered a flight to safety. The S&P 500, a global benchmark for riskier assets, fell 0.90 percent on the same day.

1 week ago

The UK Is Quietly Preparing To Chase Unpaid Crypto Taxes – via Cryptobriefing
The British Government has requested that cryptocurrency exchanges hand over user identity data and transaction histories. HMRC, the U.K. tax authority, is expected to pursue unpaid tax revenues from the past three to four years.

1 week ago

India set to lose $12.9 billion worth of market if they proceed to ban crypto – via AMBCRYPTO
The rumors about the Indian government planning to put a blanket ban on cryptocurrencies finally turned out to be true. The official report along with the draft bill from the interministerial committee tasked at formulating the framework for crypto use was released on July 22, a day before the Supreme Court was scheduled to hear the crypto case.

1 week ago

Gemini Announces the Addition of Its Market Data to CME’s Bitcoin and Ethereum Indices – via U.TODAY
The Winklevoss-owned cryptocurrency exchange joins the industry’s leading exchanges to help CME price its Bitcoin futures. Gemini, the leading cryptocurrency exchange founded by the Winklevoss twins, has announced that its data will be added to the Chicago Mercantile Exchange (CME). The futures exchange has cryptocurrency indices for Bitcoin and Ethereum that are provided by CF Benchmarks.

1 week ago

Bitcoin Dominance Hits Two-Year High – via Cryptobriefing
Bitcoin dominance is now at 68%, the highest level of the past two years. In a recent report, Binance researchers indicated that these “historical” levels represent a “triumph” for BTC, as other cryptocurrencies lose ground Or, to put it more briefly: Bitcoin is the biggest cryptocurrency, with twice the market share of every other digital asset combined. That’s the simple definition, but what does Bitcoin’s market dominance actually mean in practice? There’s a lot to consider – not just in Binance’s new report, but also Bitcoin’s past market data.

1 week ago

Bitcoin Price Analysis: After Breaching $12,000, BTC/USD Has Been Showing Signs Of Weakness – via beincrypto
On August 6, 2019, the Bitcoin price reached a high of $12,325. A sharp decrease followed. BTC reached a low of $11,249 the next day. It has been increasing since. The highest price that has been reached was $12,153.

1 week ago

Can Blockchain Be a Driver of Transparency in Governance? – via CryptoNews
Following the financial crisis of 2008, governments across the globe scrambled to find ways of improving transparency and efficiency, not only in financial services but across various areas of government. MiFID II (the Markets in Financial Instruments Directive) in Europe and the Dodd-Frank Act in the U.S. are perfect examples of efforts to ensure fairer, safer and more efficient markets, while facilitating greater transparency for participants. In a world that increasingly demands more accountability, it is worth asking — can Distributed Ledger Technology (DLT), blockchain offer an avenue for greater transparency in governance?

1 week ago

LTO Network Partners with NEN to Improve Standards and Processing – via beincrypto
NEN, a Dutch-based standardization institute, has collaborated with Dutch blockchain platform startup LTO Network to provide certificate verification services. NEN is considered a trendsetter among standardization organizations in the Netherlands.

1 week ago

Insured Staking: How Much Longer Can Institutions Resist? – via Cryptobriefing
Institutional investors are either the bane of crypto, or its savior. It just depends on who you ask. For some, major institutional involvement is a validation of the theory that digital assets must have inherent value – after all, risk-aversion is a well-established characteristic of those who are accountable for the funds of their clients.

1 week ago

Korean Fintechs Are Creating a Blockchain for Trading OTC Securities – via Coindesk
A blockchain platform for the trading of unlisted securities is being developed in South Korea, according to a report in the Chosun Ilbo. The goal is to take transactions that are now expensive, slow and insecure and make them efficient and accessible to a wider range of investors. Six local participants are involved in the project, including Koscom—the IT arm of Korea Exchange—KEB Hana Bank, Hana Financial Investment, Daejeon Technopark, Amicus Lex—a startup—and an association for accelerators. They are aiming to have the system in place by the second half of the year.

1 week ago

Earning Bitcoin while you buy goods is the ‘New Shopping Experience’ – via bitcoinist
There are many ways to make money through Bitcoin. Now, a modality posed to gain momentum is to incentivize customers through loyalty programs that give bitcoins for their purchases online.

1 week ago

Verge’s X17 Mining Algorithm Being Abused By Unknown Entity – via beincrypto
An unknown entity has reportedly been exploiting Verge’s X17 mining algorithm for the past few months. A recent Reddit discussion thread revealed that public mining pools have been unable to mine any blocks for the past 100 days.

1 week ago

Crypto Startup Alum Katherine Wu Joins VC Firm Notation Capital – via Coindesk
Katherine Wu was up until 3 a.m. Wednesday annotating Kik’s response to its complaint from the U.S. Securities and Exchange Commission (SEC). In 130 pages, Kik went point- by-point through the SEC’s case, and Wu went through page-by-page and indicated which ones readers of her blog should take in, skim or just skip. “That’s what I do for fun,” she told CoinDesk later that morning. And now Wu is once again employed to dig deep, into startups.

1 week ago

Robinhood Trading App Starts Operating In The UK After Receiving Regulatory Approval – via UsetheBitcoin
The recognized trading app Robinhood has been approved by regulators in the United Kingdom to operate in the country. In order to do so, a subsidiary of the U.S. firm has been working to receive the approval of the Financial Conduct Authority (FCA). The goal is to provide free crypto trading services to users in the country.

1 week ago

Best Cryptocurrency Investment Strategy? Meet Dollar Cost Averaging – via U.TODAY
Dollar-cost averaging is an astonishingly simple strategy that will be suitable for all types of traders and investors. Day traders might enjoy the rollercoaster ride of the exhilarating highs and gut-wrenching lows of the crypto market. However, if you are level ended and playing the long game in crypto, then you’ll most likely be interested in applying a traditional Wall Street strategy called dollar cost averaging (DCA) in your cryptocurrency investments. This piece provides insight into all you need to know about how DCA and how it can make you a better investor in the long term.

1 week ago

No Humans Required: Commerzbank Develops Blockchain Payments for Automated Trucks – via Coindesk
Commerzbank has developed a blockchain-based solution for machine-to-machine payments that it says could be used to allow automated trucks to pay for power charging without the need for a human to get out their wallet. Calling it a “concrete pilot project,” the German bank worked together with its incubator research and development unit and Daimler Trucks on the system that it said “deals with fully automated payment processing of charges between a tank charging station for electricity and a lorry system.”

1 week ago

Gods Unchained Summons MTG Game Director – via Cryptobriefing
Blockchain gaming has come a long way since Crypto Kitties. Immutable, the company behind Gods Unchained, is now making a major push to attract gamers from outside the blockchain space. In addition to enabling debit card game purchases, the company has also recruited Chris Clay, former game director for Wizards of the Coast.

1 week ago

Bitcoin Network Hash Rate Hits New High Over 80EH/s – via NEWSBTC
Just a week after the Bitcoin network notched up another new hash rate high, it has done it again and this one is a bit of a milestone. For the first time ever, Bitcoin’s hash rate has topped 80 Exahashes per second. According to Bitinfocharts.com network hash rate hit 80.249 EH/s yesterday. The latest milestone has not gone unnoticed on crypto twitter.

1 week ago

The Battle For On-Chain Scalability: Who’s Leading? – via beincrypto
When Satoshi Nakamoto first released their vision for a global payments system backed fully by decentralized cryptocurrencies like Bitcoin, the pseudonymous developer would have no doubt been aware that the technology would need to have the capacity to facilitate a significant throughput.

1 week ago

Whales control 80% of global Tether supply – via Bitcoinist
According to a report by Coin Metrics, 318 addresses own 80% of the current total supply of the Tether stablecoin. Bloomberg quoting excerpts from the Coin Metrics study reported that these addresses own at least $1 million in USDT. The report also revealed that major exchanges like Binance and Bittrex are among the USDT whales. Tether accounts for a significant portion of cryptocurrency trades across several platforms in the market.

1 week ago

Indian Govt to Pitch Bitcoin Ban Bill in January – via NEWSBTC
The Indian government is planning to introduce its controversial bitcoin ban bill in December-January parliamentary session, according to local crypto news provider Crypto Kanoon. The decision surfaced during an ongoing court hearing between the Reserve Bank of India (RBI) and regional cryptocurrency exchanges. Officials representing the Narendra Modi’s financial ministry submitted a draft bill before the Supreme Court judge, which would serve as the basis of the future of cryptocurrencies in India.

1 week ago

Monero’s privacy is preferred by users, claims John McAfee – via AMBCRYPTO
Running parallel to the crypto adoption predicament is the need to redefine privacy in finance. Tech juggernaut John McAfee strongly believes this as the main reason why government-built crypto assets are destined to fail. In a recent interview, McAfee echoed a similar sentiment while stating that “any government’s attempt to create their own crypto is going to fail” because it will be controlled and monitored by the government.

1 week ago

Scammers Impersonate IRS, Steal From Cryptocurrency Holders – via beincrypto
According to recent reports, scammers have once again started targeting cryptocurrency owners — this time by impersonating the Internal Revenue Service (IRS).

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