Month: September 2019

The heavy hand of regulators has been stifling the growth of the cryptocurrency industry in the U.S. and caused innovators to flock abroad. In a bid to mitigate one aspect of this problem, major players have now created a joint system for rating what constitutes a security token. Also Read: International Crypto Exchange Luno Adds Bitcoin Cash Trading Uniting Against Regulatory Uncertainty A group of digital finance companies has announced the formation of the Crypto Rating Council, a member-operated organization Read more …

IOHK CEO Charles Hoskinson announced a partnership with sneaker manufacturer New Balance at the Cardano Summit in Bulgaria on Saturday. The stated goal? To use IOHK’s Cardano blockchain to ensure that New Balance shoes are authentic. In the video below, Hoskinson offers a tidbit about the planned partnership. “For a little while we’ve been working with a shoe company. Do you guys know New Balance? We’re working on an authentication product with the Cardano blockchain.” New Balance will be announcing Read more …

Millions of tokens have been stolen from the Fusion Foundation, the non-profit tasked with maintaining the network of the same name. In a blog post, the foundation said one of its wallets, containing 10 million of the Fusion Network’s native FSN tokens and 3.5 million ERC-20 FSN tokens had been drained Saturday. The thief’s haul was worth an estimated $3.75 million as of press time. The Fusion Foundation went on to suggest it may have been an inside job, writing: Read more …

Executives at the Bank of Ireland (BOI) could join a trial in the case against Mark Scott, who allegedly helped launder nearly $400 million via cryptocurrency scam scheme OneCoin. Four BOI witnesses to testify remotely On Sept. 29, the government of the United States submitted a court motion seeking the testimony of four witnesses via closed-circuit television from a remote location in Ireland. Initially set for Oct. 7, 2019, the trial has been recently adjourned to Nov. 4, 2019, while Read more …

Advertisment If you have been in the world of cryptocurrencies for a long time, you should have experienced the evolution of the business models. In the initial phase, there were many business models linked to advertising. The already known “faucets”, and the PTCs (Paid To Click) were a viable way of acquiring small portions of cryptocurrencies to go deep into this world. Then multiple problems arrived and only the best projects have survived. And today we introduce you one of Read more …

A system-wide upgrade is coming to ethereum’s Ropsten test network on Wednesday. And while “Istanbul” should ultimately introduce network efficiencies, the testnet launch won’t be smooth sailing for everyone. For governance platform Aragon, in particular, the code changes are expected to break roughly 680 smart contracts, according to Aragon One CTO Jorge Izquierdo. These smart contracts typically manage the governance of decentralized applications (dapps) running on the ethereum blockchain. Izquierdo tells CoinDesk this means forced upgrades are required for the Read more …

Obtaining reliable information about darknet markets (DNMs) is a constant struggle, given the propensity of news sites and forums to come and go. No sooner has one portal gained ascendancy than it’s been toppled by law enforcement or exited under mysterious circumstances. The recent disappearance of darknet forum Dread has left a gaping hole in the DNM community – and a host of unanswered questions. Also read: Despite Setbacks, Darknet Markets Show Continuous Growth in 2019 Hugbunter Flicks the Dead Read more …

Litecoin has recently broken out of a descending channel on the Bitcoin pair and looks poised for a bullish reversal as Bitcoin continues to create lower lows. Traders speculate Bitcoins decline could fuel a Litecoin pump over the coming days. Litecoin 1-Hour Price Analysis On the 1 hour chart for LTC/BTC we can see a wedge type pattern has formed as price levels re-test close to the breakout point of the descending channel which will be visible on the daily Read more …

The Blockchain Transparency Institute (BTI) has collected the evidence for a long-running suggestion – that Tether (USDT) is used deliberately to sway crypto markets. Wash trading was noted in 64% of all trading activity. 34% of Tether Trading is Genuine Recent research conducted by the Blockchain Transparency Institute has identified some alarming figures regarding the amount of wash trading that takes place among the leading cryptocurrencies. By calculating the disparity between the reported and adjusted volumes of each crypto, the Read more …

Advertisment Yes, a hot (online) cryptocurrency wallet is definitely not the safest way to store bitcoin. Even the freshest newb knows that. But let’s face it — you’ll still have to use one to buy and sell BTC and other cryptos. Today we’ll show you how to protect cryptocurrency wallet online. We’ve gathered below 7 security tips and a few more crypto wallet protection measures as a bonus. 1. Keep Only a Small Sum of Coins in Your Virtual Wallet Read more …

Advertisment The third-largest digital currency on the market, XRP, has been one of the standout performers in today’s session, which has seen most major coins bouncing back after recent losses. The digital coin had a disappointing session yesterday, but it managed to minimise its losses for the day. The coin spent the better part of the session moving on a downward trajectory, with its price falling to as low as $0.237 in the early afternoon session. However, the coin managed Read more …

Major cryptocurrency exchange Binance announced in a blog post published on Sept. 30 that it is launching a market maker program. Per the announcement, users whose monthly trading volumes exceed 1,000 Bitcoins (BTC) — or can reach such volumes — and who also have quality market making strategies can immediately join the program. Binance explains that the aim of the initiative is to bring more liquidity to the exchange. A bid for more liquidity The firm notes that the program Read more …