Viabtc CEO Proposes BCH Organization to Establish Standards

News On August 31 the CEO of the firm Viabtc, Haipo Yang, published a blog post proposing the establishment of a standardization organization like the World Wide Web’s W3C consortium. Haipo Yang wants to start a similar group called the Bitcoin Cash Standard Organization (BCSO) in order to create standards and achieve better transparency when it comes to BCH consensus proposals. Also read: How to Monitor the BCH Stress Test and Get Involved Viabtc’s Haipo Yang Proposes to Initiate a Standardization Read more …

Bitcoin Magazine’s Week in Review: More Than an Academic View of Progress

This past week has seen progress in two aspects of Bitcoin: privacy and payments. Attitudes toward blockchain technology are also showing progress as two surveys reveal. And yet, regulation does not necessarily seem to be keeping pace. Here are some of the stories that we’ve been following at Bitcoin Magazine. Stay on top of the best stories in the bitcoin, blockchain and cryptocurrency industry. Subscribe to our newsletter here. Advances in Bitcoin Technology The Anatomy of Anonymity: How Dandelion Could Read more …

Ethereum Price and Usage Disappoint Despite ETH Futures Rumors

CBOE could launch Ethereum (ETH) futures by the end of 2018 if US regulators approve its product, anonymous sources told Business Insider August 30. ‘Getting Comfortable’ CBOE, which launched pioneering Bitcoin futures in December last year, is currently waiting while the Commodity Futures Trading Commission (CFTC) to “get comfortable with the product before its official launch,” the publication reported citing “people familiar with the matter.” The news comes amid a continued downturn in ETH’s fortunes, with Ethereum price 00 battling lows Read more …

The 12th-Largest Cryptocurrency Continues to Range Trade

On Friday Aug 31, Tron (TRX) crept higher than the day before, but the momentum was already fading out by noon. The crypto is now trading at $0.0247, which is lower than early this week, says Dmitriy Gurkovskiy, chief analyst at RoboForex. Technically, the overall long-term trend is still descending, and it will be this way until the price breaks out the major channel resistance. Meanwhile, in the short-term, a correctional trend is forming on H3, with the target precisely Read more …

Firefox to Block Cryptojacking Malware in New Browser Releases

Firefox will block cryptojacking malware in future versions of its web browser, according to an announcement August 30. The move comes as part of an anti-tracking initiative expected to be implemented over the next few months. In the announcement, Firefox cites a study by browser extension Ghostery, stating that 55.4 percent of the total time required to load an average website is spent loading third party trackers. Future versions of Firefox will reportedly block such practices as cryptomining scripts that Read more …

Kiev’s Bessarabsky Market Accepts Cryptocurrencies for Groceries

News Bessarabsky market, a landmark of Ukraine’s capital, is introducing crypto payments. Fruits and vegetables are already sold for a number of cryptocurrencies including bitcoin cash (BCH). The initiative to offer the alternative payment option aims to show how simple it is to use cryptocurrency in everyday life.   Also read: New Bill Clarifies Crypto Taxation in Poland BCH and BTC Accepted for Fruits and Vegetables Kiev’s historic Bessarabsky market, an indoor marketplace located in the center of the capital Read more …

Bitfi Closes Wallet Bounty Program, Removes ‘Unhackable’ From Branding

Cryptocurrency hardware wallet manufacturer Bitfi has officially closed its bounty program, according to an August 30 tweet, in addition to removing the “unhackable” claim from the wallet’s marketing materials. In its statement, the company admitted “vulnerabilities,” and yet avoided speaking about multiple alleged hacks of the device. Bitfi also confessed to hiring a “Security Manager who is confirming vulnerabilities that have been identified by researchers.” The company expressed appreciation for “the work and effort of the researches,” stating that the Read more …

Average Cryptojacking Website Makes Only $5.80 per Day

The amount of money that the average cryptojacker makes in a day places them squarely below the developed world’s poverty line. This came to the fore after a study conducted by researchers at Germany’s Braunschweig University of Technology revealed that even though some high-traffic websites profit handsomely from cryptojacking, the average ones only manage to reap minimal returns. “On average these websites attract 24,721 visitors per day and keep them for roughly 3 minutes on average. Overall, we thus observe Read more …

Artwork Fit for the Rich and Famous Sold for Cryptocurrency

An artist who has sold pieces to Hollywood A-listers, rock stars, and professional athletes recently sold an entire collection of his work for cryptocurrency. Lincoln Townley is is disrupting the world of art sales with his unorthodox methods of exhibition, as well as the payment methods he accepts. Artist Embraces Technology to Shake Up the World of Fine Art Lincoln Townley is a London and LA-based artist. His high-profile collectors include the likes of Michael Caine, Al Pacino, Sting, and Read more …

ETC and DASH Top Ten

Markets and Prices During August, the monthly volume posted by the majority of leading cryptocurrency markets continued to decline. Despite such, the ETC and Dash markets again defied the trend to post an increase in trade volume, with XRP also bucking the downward trend this month. Also Read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals Top 5 Most Traded Cryptocurrency Markets Posts Month-Over-Month Decline in Volume Trade volume for BTC pairings declined by 5.34% during August – falling Read more …

Former Ripple CTO’s Blockchain Project Coil Enters Closed Beta

“Coil, a new company founded by Ripple’s former chief technology officer Stefan Thomas, has launched a closed beta. The project – which aims to allow web content creators to better monetize their work – was announced in May, when Thomas departed Ripple. In an interview, Thomas detailed the closed beta, describing the initiative as a way to level the playing field for content creators. “If you’re big you can have a subscription service like Netflix or Spotify. If you’re big Read more …

CBOE Close to Launching Ethereum Futures: Report

CBOE, the Chicago exchange that pioneered the listing of bitcoin futures in the U.S., has quietly begun telling market makers that it is close to launching a new cryptocurrency product: ethereum futures. Citing an unnamed source with knowledge of the situation, Business Insider reports that CBOE wants to become the first U.S. exchange to list an ethereum futures product, which would transform ether into more of a two-sided market by allowing professional traders to go both long and short on Read more …