11-June-2019

2 months ago

Why Generating Random Numbers On A Blockchain Is Harder Than You Think – via Cryptodaily
The challenge comes from the conflict between deterministic and probabilistic events. By its nature, blockchain depends on deterministic events. Even though a block producer or miner could be anyone in the network, game theory sets the conditions. So, in Bitcoin’s proof of work protocol, the miner that uses the most computational power to find the correct hashing solution will be the next block miner. Therefore, predictability is based on the fulfillment of particular conditions.

2 months ago

Analysts are Still on Edge About Potential Bitcoin Collapse Despite Momentum – via newsBTC
Due to the strength of this sudden move, which came after days of relative weakness and non-action, optimists believe that BTC is ready to hit play, resuming its previous uptrend. There is a multitude of analysts, however, that are still on edge, waiting patiently for a pullback to even lower levels than $7,500.

2 months ago

$150 Million New USDT Tether Printed: What Does It Mean? – via Cryptopotato
The most popular stablecoin issuer Tether has printed yet another $150M worth of USDT. The Chief Technical Officer at Bitfinex, which is associated with Tether, Paolo Ardoino, has weighed in, saying that the amount is authorized but not issued.

2 months ago

Betting Big With Crypto Playing Cards – via Cryptodaily
Crypto Playing Cards was created with a mission of bringing awareness to several popular cryptocurrencies. The company believes their cards are a fun and easy way to drive engagement with cryptocurrency amongst newcomers and crypto enthusiasts alike. The Crypto Playing Cards are uniquely designed with original imagery of Bitcoin, Ethereum, Litecoin, and Neo on the faces of the cards which replace the traditional spades, diamonds, hearts, and clubs. They otherwise look and feel like standard playing cards.

2 months ago

NEO Global Development Invests And Partners With Liquefy To Develop A Security Token Ecosystem – via Cryptodaily
NEO Global Development (NGD) announced today that it will invest in and partner with Liquefy, to develop a NEO based security token ecosystem and allow asset owners to issue security tokens based on NEO.

2 months ago

US National Archives and Records Administration Proposes Blockchain Solution to Verify Documents – via beincrypto
The U.S. National Archives and Records Administration (NARA) is mulling over how to apply blockchain technology to its government sector. The NARA is rolling out these technocratic proposals in response to the rise of deepfake videos online.

2 months ago

From McDonalds to Binance CEO: What is ‘CZ’ cryptocurrency net worth? – via Chepicap
If you are in any way part of the cryptoverse, you have without a doubt heard of the founder and CEO of Binance, Changpeng Zhao. Perhaps you know him better as ‘CZ’, the man who started out with flipping cheeseburgers at McDonald’s and who is currently running the largest cryptocurrency exchange that no longer needs an introduction.

2 months ago

Philippines central bank cautions against the advancement of cryptocurrencies – via FXSTREET
The governor of the Philippines central bank has cautioned against the risk that could emanate from the advancement of cryptocurrency use in the nation. According to The Philippines Star on Monday quoted Benjamin Diokno, the governor of the Bangko Sentral ng Pilipinas saying that the regulatory institution is going to continue monitoring the use of digital assets in the country.

2 months ago

Largest Bank in South Korea Looks to Create Digital Asset Trust – via beincrypto
KB Kookmin Bank has just made public a strategic business agreement with Atomrigs Lab to focus on digital assets and cryptographic security. KB is the largest bank in Korea with a revenue of over $25B annually.

2 months ago

Chinese man commits suicide after losing 2,000 BTC through leverage trading – via Chepicap
Hui was suspected of embezzling 2,000 BTC from users of the firm to short Bitcoin with 100x leverage and lost all the funds. Hui had become a well known crypto trader with several accurate calls garnering the serial entrepreneur a following. Hui started his own crypto startup, BTE.TOP.

2 months ago

Messaging Giant Telegram’s ICO Token Is at Last Going on Public Sale – via Coindesk
As reported by TechCrunch, a limited sale of the gram token will take place on the Liquid exchange from July 10. The offering reportedly comes before a full public sale planned for October. The cost of the token and the targeted total for the raise are not being disclosed as yet.

2 months ago

The SEC’s Chairman explained the issues with Bitcoin ETF – via FXSTREET
The head of the US Securities and Exchange Commission (SEC) Jay Clayton explained why the regulator hesitates with the decision on bitcoin ETFs.

2 months ago

Binance margin trading plans explained by Twitter user, CZ confirms plans – via Chepicap
While Binance is set to launch their margin trading in the coming weeks, with testing currently ongoing, many are looking forward to seeing what the exchange will offer compared to margin trading giant BitMex.

2 months ago

Bitcoin ATMs Reach A New Record With 300 New Installments In May – via UsetheBitcoin
According to data provided by CoinAtmRadar, there have been 306 new instalments of Bitcoin (BTC) ATMs around the world in May 2019. CoinAtmRadar shows that in May 2019, the net change in the number of ATMs installed for virtual currencies was 228 machines. As the market starts growing once again, the interest in virtual currencies expands as well.

2 months ago

Ethereum Classics accelerates Atlantis upgrade: Looks forwards to collaboration with Ethereum – via FXSTREET
The much anticipated Atlantis hard fork on Ethereum Classic (ETC) will be accelerated. In fact, the testing of the upgrade has been scheduled to take place in a couple of weeks contrary to the earlier scheduled in August. Moreover, the activation of the mainnet will take place in exactly six weeks after the testing phase.

2 months ago

A Single Bitcoin Satoshi Is Worth More Than Some National Currencies – via beincrypto
Many love to scoff at Bitcoin (BTC), claiming that it’s not ‘real money.’ However, its smallest denomination, commonly referred to as a ‘satoshi,’ is currently worth more than some national fiat currencies.

2 months ago

Metaco Offering Crypto Custody Insurance via Giant Broker Aon – via Coindesk
Aon, the world’s second-largest insurance broker by revenues, has lined up a panel of insurers to provide cryptocurrency coverage for clients of Metaco, a digital asset custody technology firm.

2 months ago

Fraud-Fighting ‘Watchtowers’ Are Coming With the Next Big Lightning Release – via Coindesk
Watchtowers have long been considered a missing piece of bitcoin’s lightning layer, as they’re crucial for squashing fraud on the experimental, off-chain network that could make bitcoin payments faster and more scalable. With version 0.7 of the LND software release coming at an undisclosed date in June, Lightning Labs is launching the most complete build of a network watchtower to date.

2 months ago

Crypto Events for today – via Cryptocalendar.pro
1. TRON (TRX) — Monthly BTT Airdrop
2. Kin (KIN) — CoinFalcon Exchange Delisting
3. Holo (HOT) — AMA on YouTube
4. Pundi X (NPXS) — Conference at CES 2019 Asia in Shanghai
5. Pundi X (NPXS) — Kyber Network Exchange Listing

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