Technology & Security On Friday, Nov. 16, the developers behind the full node projects Bcoin and Bcash announced an application that allows users to complete cross-chain atomic swaps between both the BCH and BTC chains. The Bcoin programmers have also released a guide, videos and code for beginners and experts who want to swap BTC for BCH in a decentralized fashion. Also read: Markets Update: Traders Expect Major BCH Action When Exchanges Open BCH and BTC Cross-Chain Swaps With No Read more …
U.S. Deputy Attorney General Rod Rosenstein has called for international cooperation in investigating crimes conducted using cryptocurrencies at an annual meeting of Interpol. Speaking at Interpol’s 87th General Assembly on Sunday, Rosenstein addressed the topic directly, saying “we must not allow cybercriminals to hide behind cryptocurrencies.” While he acknowledged that there are some beneficial use cases for cryptocurrencies, he also noted that criminals are using them for a number of illicit activities, citing the WannaCry ransomware and Alexander Vinnick, the Read more …
Twitter Facebook LinkedIn The bitcoin price crossed another psychologically-significant milestone on Monday, but, unlike the last time it hit this mark, the bulls are no longer cheering. Earlier today, at approximately 16:30 UTC, the bitcoin price fell below $5,000 for the first time in 2018. On Coinbase, BTC/USD fell to $4,950 before bouncing back above the $5,000 threshold, taking the flagship cryptocurrency to a 13-month low and reducing its market cap to a present value of just $89 billion. BTC/USD | Read more …
Genesis Mining has made a name for itself in the crypto industry as one of the leading, and a reliable mining contracts provider. While the platform has got a strong following of crypto-miners, enthusiasts, and professionals, it is also known to take initiatives towards creating awareness about cryptocurrencies, their underlying blockchain technology, cryptocurrency mining and more. The educational and promotional campaigns run by Genesis Mining so far has been appreciated by the masses. The first cryptocurrency, Bitcoin was introduced by Read more …
A broad selling action in the cryptocurrency market today saw ICO coins losing 15 to 20 percent of their value. And the sentiment is likely to extend thanks to the U.S. Securities and Exchange Commission (SEC). The U.S. regulator at the beginning of this month charged the founder of a decentralized exchange (DEX) EtherDelta on accounts of enabling the trade of unregistered securities. The Exchange until this time was available to investors as a source of liquidity for the ICO Read more …
Twitter Facebook LinkedIn A new video released by Bitcoin.com puts their CEO Roger Ver firmly in the camp of people who do not believe that Craig Wright is Satoshi Nakamoto. Ver appeared in the video with lawyer Daniel Kelman to discuss the goings-on of Bitcoin Cash following the hard fork that took place last Friday. Several shots were fired at the Bitcoin SV camp, the first of which was related to the “stability” of the other Bitcoin Cash fork. Ver Read more …
Major NGO the Russian Authors’ Society (RAO) will launch a blockchain-based financial platform for intellectual property-secured loans, according to Russian news outlet TASS Nov. 16. RAO’s CEO Alexander Sukhotin revealed that the project, dubbed CoFi, is at its final stages of development and is set to be launched in the first quarter of 2019. The platform intends to bring together potential intellectual property rightsholders and investors that are ready to provide loan funds. The intellectual property market is facing a Read more …
Bitcoin dropped below $5,000 for the first time in over 13 months on Monday. CoinDesk price data reveals the world’s largest cryptocurrency by market capitalization fell to $4,981 shortly after 16:30 UTC on Monday, signifying a dollar-decline of more than $500 for the day when the move occurred. That’s the lowest figure since Oct. 12, 2017, and as of press time, the price has recovered somewhat to $5,048 – still signifying a decline of more than 9 percent. The broader cryptocurrency Read more …
A blockchain network is preparing for the imminent hard fork to the second version of its core system on 28 Nov – with users set to benefit from flexible transaction fees and the ability to develop their own plugins with ease. ARK has been preparing Core V2 of its platform for some time, and has stressed that its community will not be affected by the hard fork as long as they update their desktop or mobile wallets to the latest Read more …
Major cryptocurrency exchange, OKEx, faces a backlash from traders, after changing the terms on $135 million of Bitcoin Cash (BCH) futures contracts. The exchange says it forced early settlement of the contracts to protect investors from volatility following the Bitcoin Cash split. A Little Notice… Hong Kong-based OKEx, made the unusual decision to settle the Bitcoin Cash 00 futures contracts early, as prices were tanking. The exchange refrained from notifying clients prior to the move in order to reduce risk of market Read more …
Altcoins Central bankers have been talking about issuing their own digital coins ever since they first saw the appeal that bitcoin holds for many people. However, the latest indications point to it being a very long time until we will see national crypto assets coming from any stable economies. Also Read: The Daily: Teens Want Bitcoin, Coinbase-Funded Game to Enter Beta Don’t Hold Your Breath for a Digital Baht The governor of the Bank of Thailand, Veerathai Santiprabhob, has revealed Read more …
The U.S. Federal Election Commission (FEC) has released a new draft opinion that clears the way for people to mine cryptocurrencies as a way to support their preferred candidates. In a memorandum dated Nov. 13, attorneys with the FEC responded to a proposal submitted in September by OsiaNetwork LLC, which at the time asked if individuals would be able to provide their computers’ processing power to mine cryptocurrencies. Funds raised through this method would be used to support political committees, Read more …