15-AUG-2019

2 months 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.

2 months 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.

2 months 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.

2 months 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.

2 months 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.

2 months 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.

2 months 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.

2 months 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.

2 months 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.

2 months 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.

2 months 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.

2 months 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.

2 months 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.

2 months 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.

2 months 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.

2 months 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.

2 months 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.

2 months 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.

2 months 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.

2 months 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.

2 months 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.

2 months 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

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