18-AUG-2019

2 months ago

Bitcoin Isn’t Slow: Unconfirmed BTC Transactions at Post-2017 Low – via beincrypto
Roger Ver, a noted Bitcoin Cash supporter, often posts on Twitter that Bitcoin is slow, expensive, and unreliable. However, just looking at the mempool, unconfirmed transactions have been low for a long time now.

2 months ago

The Real Benefits of Blockchain Are Here. They’re Being Ignored – via Coindesk
Introducing as many people as possible to the benefits of decentralization is a cause almost everyone in this industry shares. The issue is that, in making the technology more accessible, many developers are sacrificing the benefits of decentralization for the sake of convenience.

2 months ago

Is Bakkt Really Bullish for Bitcoin? Here’s What Analysts are Saying – via beincrypto
Bakkt, the long-awaited cryptocurrency trading platform by the Intercontinental Exchange (ICE) announced Friday that it (finally) obtained the regulatory approval to go ahead with the launch of the company’s institutional-grade custody solution and physically-delivered Bitcoin Futures contracts.

2 months ago

NEO News Roundup: Travala Expands, Narrative Development Update and Switcheo Improves Wallet – via UsetheBitcoin
As the cryptocurrency market continues to expand in terms of fundamentals, crypto networks are also offering new services and products to clients around the world. NEO and the whole ecosystem remain important players in the cryptocurrency industry. In this article, we will cover some of the latest news related to the NEO ecosystem.

2 months ago

Teen sentenced to 20 months in prison for hacking services in exchange for cryptocurrency – via AMBCRYPTO
Elliot Gunton, a 19-year old teenager from Mounteney Close in Norwich was sentenced to a 20-month prison sentence on 16th August. Gunton was also asked to pay back £400,000 for hacking services he offered in exchange for cryptocurrencies. A Norwich Crown Court on Friday sentenced him for his crimes after he pleaded guilty in earlier hearings. Gunton was caught when the police visited his house in June 2016 to see whether he was complying with the Sexual Harm Prevention Order for a previous offense. Police authorities seized Gunton’s laptop in April 2018 after they found software which he used for committing cybercrimes.

2 months ago

Bitcoin Experiences Biggest Weekly Decline Since November 2018 – via beincrypto
Bitcoin just saw its biggest weekly decline since last year. The world’s largest cryptocurrency dropped by 15 percent to around $10,145, which is its biggest five-day fall since November 2018. Bitcoin is currently struggling to stay above the $10,000 level in light of strong price resistance due to the easing of the US-China trade war. More recently, cryptocurrency analysts have backed the idea of Bitcoin becoming a safe-haven asset.

2 months ago

Tron Hits 3.5M Accounts in Just 417 Days – via beincrypto
It’s been a little over a year since TRON’s mainnet went live, but the network recently hit 3.5M accounts. TRON has been embroiled in some controversy for the past few months, but the network recently hit a supposed milestone. As Dave (@redpillblue1) writes on Twitter, TRON hit its 3,500,000th account in just 417 days.

2 months ago

Apparently the ‘Real’ Satoshi Nakamoto Will Reveal Himself Tomorrow – via beincrypto
In a ridiculous press release, Satoshi Nakamoto Renaissance Holdings announced that Satoshi Nakamoto will reveal himself tomorrow, on August 18th. As you’d expect, the response has mainly been mockery and laughter on Twitter.

2 months ago

Ripple (XRP) May Face Grim Future Despite Today’s Bounce – via NEWSBTC
Earlier this past week Ripple (XRP) along with the aggregated crypto markets faced an incredibly sharp sell-off that sent XRP reeling down to lows of $0.25, which marked a significant pullback from the mid-$0.30 region where it has previously found stability. Although the crypto was able to post a small bounce today, analysts are still noting that XRP broke below its 2018 support level, which could mean that significantly further losses are imminent.

2 months ago

Blockchain Investors Have New Criteria For Funding Decisions: “Revenue Generation” – via Cryptobriefing
Blockchain investors’ tastes are changing, it appears. A new report reveals some interesting numbers regarding the quantity of money flowing into blockchain since 2013, with more than $23 billion mostly piling into early-round investment. A shift is taking place in terms of which geographic regions and vertical segments of the industry are seeing investment beyond the early stages. The release of the Investments in Blockchain report coincides with the launch of Outlier Ventures’ first Base Camp program to “support the development and growth of new technologies in the open data economy.”

2 months ago

Coinbase CEO’s Tweet on Institutional Investments in Crypto Raises Questions – via beincrypto
Coinbase officially announced the acquisition of Xapo’s institutional custody business earlier today, CEO Brian Armstrong took the opportunity to share the bullish update with the crypto community. Shortly after sending out the word on the big strategic move, Armstrong took to Twitter to claim that the decentralized digital economy was taking in around $200-400 million in institutional investments every week.

2 months ago

Will Growing Interest from China Propel Bitcoin’s Price Higher? – via NEWSBTC
Bitcoin (BTC) has incurred a significant amount of volatility as of late. This tumult was perpetuated yesterday due to news regarding the release of Bakkt’s physically-settled Bitcoin futures product, which many investors view as a bullish development for the broader cryptocurrency market. In addition to this, growing interest from China may help the Bitcoin price climb higher in the coming months.

2 months ago

Coinbase: Institutional folks buying $200-400M worth Crypto a week – via Bitcoinist
Brian Armstrong talked about institutional investors in the cryptocurrency space on Twitter earlier this week, saying the question of whether or not institutions will adopt cryptocurrencies has been answered. Coinbase is reportedly seeing hundreds of millions of dollars per week pouring in from legacy financial institutions.

2 months ago

Bexplus Wallet: New Way To Diversify Your Profits – via Cryptodaily
Bexplus is a popular marginal exchange, which allows users to trade crypto futures with 100x leverage. However, this August Hong-Kong based company introduced platform’s new lending feature: BTC-Wallet with annual interest. Here’s a review of new lending service. According to Bexplus, while platform is a marginal exchange where trading requires some knowledge and certain experience in trading, the BTC-Wallet is designed especially for traders, who is new to leveraged trading and don’t want to take high risks.

2 months ago

How Bitcoin is Becoming Omnipresent Using Satellites and Networking – via Coingape
Bitcoin [BTC] is a virtual currency whose transactions are primarily executed on the internet. Its dependence on it to exist, however, raises doubts on its store of value and currency argument. While the internet is ubiquitous during today’s time, there are still places on Earth where access is limited. Nevertheless, Bitcoin is growing more powerful than ever. Samson Mow, the Chief Strategic Officer of Blockstream tweeted about the Blockstream’s satellite service which was launched two years ago. The satellites provide for free synchronization with the Bitcoin ledger.

2 months ago

Celer Networks In Talks To Help NEO Scale Further – via Cryptobriefing
The Celer Network (CELR) could become a scaling solution for multiple blockchains. Representatives of the NEO team are discussing the possibility of integrating Celer’s layer-two scaling protocol with NEO’s blockchain platform. NEO has already integrated with Trinity Network, an existing off-chain scaling protocol developed in-house by NEO developers. John Wang, NEO’s Director of Eco Growth and the $100M EcoBoost fund, says that an integration with Celer is now “under discussion.”

2 months ago

Gold and Bitcoin May Someday Appreciate at the Same Rate – via beincrypto
In charting the steady appreciation of gold and Bitcoin, one user has determined that we may see the growth for both commodities intersect sometime in the coming decades.

2 months ago

Binance Update: iOS App Available on the App Store – via Coingape
The world’s largest crypto exchange, Binance is again available in the Apple App store after a month of being inaccessible. Apple users can now download the iOS app of Binance cryptocurrency exchange.

2 months ago

This ICO Startup Didn’t Die During Crypto Winter. It Has DAI to Thank – via Coindesk
Monolith CEO Mel Gelderman told CoinDesk he wants to promote an “ethereum lifestyle,” starting with the way he runs his London-based token startup. From his perspective, that lifestyle is about seeking financial solutions beyond traditional banks. Since Monolith was funded by an initial coin offering (ICO) of TKN tokens that raised $16.9 million from retail investors in May 2017, Gelderman said his team turned the ICO proceeds into roughly $25 million worth of assets through prudent trading and collateralized debt positions (CDPs), using ether as collateral to take loans denominated in dollar-pegged DAI tokens.

2 months ago

Tron Founder Justin Sun Asks Community about Next Dapp They Want to See, TRX Fans List Their Ideas’ – via U.TODAY
Justin Sun claims he wants to make a better blockchain world, suggests the community gives him ideas on what Tron-based dApp they want released next. The Tron founder Justin Sun is ‘back on fire’ as said in his recent tweet and promised to a) return TRX into the top-ten list on CoinMarketCap, b) to get BTT back to the top-thirty rank on CMC.

2 months ago

Litecoin Founder Charlie Lee Invests in Startup That ‘Makes Bitcoin Easy to Use’ – via U.TODAY
On Saturday, Charlie Lee tweeted about a startup which, as per him, is really important for the industry, even though it has been around for three years now. The Litecoin founder compares his confidence in it with the times when he joined Coinbase back in 2013. At the end of the post, Lee adds: ‘I’m an investor in Casa’.

2 months ago

OmiseGO Use Cases Expand With Burger King Thailand Embracing OmiseGO eWallet Suite – via UsetheBitcoin
Burger King Thailand (Minor International Pcl) launched a crypto eWallet that uses the OmiseGO eWallet Suite. Minor International Pcl is one of the largest hospitality, restaurant and lifestyle companies in Asia. The information was released by OmiseGo on its official site a few hours ago.

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