January 24, 2020

Hedera Hashgraph: What Happened to the ‘Bitcoin Killer’?

Hedera Hashgraph appeared in 2019, and took the crypto world by a storm. Despite being a bit late to the game, Hedera Hashgraph quickly called itself a “Bitcoin Killer”, despite the failure of multiple projects to achieve that feat before it. HBAR Still Suffering from Faulty Tokenomics But despite the fanfares at launch, all that the HBAR token managed to achieve was to go from $0.15 to $0.010 within a few months. The asset did not even have a relief rally, and its tokenomics and promises for smart contracts failed to appeal to the crypto community. But Hedera Hashgraph is still around, tooting its horn and growing a community of firm believers. The network, which reaches consensus using a unique ‘gossip’ protocol, touts lower latency times and lightning fast transaction times. In this regard, Hedera Hashgraph repeats the model of […]
January 24, 2020

Crypto News Roundup and Interviews for Jan. 24, 2020

Bitcoin’s up as Davos ends. This is CoinDesk’s Crypto News Roundup for January 24, 2020.
January 24, 2020

A Look at the AI Economy for 2020

The ways artificial intelligence are applicable to businesses are broadly universal. For example, machine learning technology can enhance manufacturing, supply chain, and transportation operations, using custom models and AI-based software to perfect efficiency, discover each department’s loss value, and even reduce waste. What better way to ring in the new year than enhancing your business?    Oddly, more than half of business leaders (60%) are eager to find a reason to use AI, but only half of their organizations have actually developed a plan. In addition to directly interacting with your business, artificial intelligence can help your enterprise stay individual from the competition. Even so, 84% of enterprise leaders across the globe consider data science technology to give them a boost ahead of the competition.   Using Artificial Intelligence can also help you adjust comfortably to your business’ ever-changing market. […]
January 24, 2020

Elon Musk Reveals His True Opinion on Bitcoin and Crypto

Elon Musk revealed his stance on crypto, noting that it is a good replacement for cash
January 24, 2020

UK Cricket Club Will Issue This Season’s Tickets Over a Blockchain

The blockchain-based ticketing system will be used for all Lancashire Cricket Club’s domestic and international fixtures in 2020.
January 24, 2020

Your PGP Key? Make Sure It’s Up to Date

Identity thieves now have another tool at their disposal: bitcoin hashing power.
January 24, 2020

XRPTipBot Gets Twitter Ban Over ‘Impersonation’ Claims

Twitter has banned the XRPTipBot account again this week, claiming its impersonating another account. Ripple and TipBot developer Wietse Wind, assured users that funds are safe, and has since implemented a new working version of the XRP-tipping mechanism for the platform.  XRPTipBot: Too Good At Impersonating Itself Wind first took to Twitter itself (where else?) to inform users that the @xrptipbot account had been blocked, and not for the first time. Funds were safe, but Twitter tips could no longer be processed through the account, he explained. He was given no option to request an unlock, and all followers were gone. Please note: @Twitter decided to ban the @xrptipbot account. Again. Funds are safe, but tips on Twitter can’t be processed at the moment (as they have blocked that). App Reddit and Discord work fine. Twitter: please have the decency […]
January 24, 2020

Russia Banned from Participating in International Sporting Events for Four Years

For the past few weeks, there have been many controversies about the latest Russian ban to participate in major international sports events.  Russia was banned for four years after its athletes were found to have used banned drugs.  This means that Russia will not be allowed to participate in the 2020 summer Olympics in Japan, and the 2022 Football World Cup, which will be held in Qatar. The Russian state-owned Tass News Agency first released the news which were later confirmed by the World Anti-Doping Agency. Can Russians Participate Under Neutral Flag?  While the Russian National Anthem and the flag can’t be present at international events, athletes can participate in sports under a neutral flag. This gives hope to Russian fans, especially those who are planning to place bets for their countrymen on betting sites such as cherrycasino.com.  But this […]
January 24, 2020

Trump ‘Loves’ Negative Rates and ‘Could Get Used to’ Them, Criticizes Fed at World Economic Forum, China Trade Deal

U.S. President Donald Trump spoke at the World Economic Forum in Davos, Switzerland Tuesday saying the U.S. and other nations are “forced to compete … with nations that are getting negative rates, something very new.” Trump took direct shots at the U.S. Federal Reserve, claiming they’ve not lowered rates quickly enough. The harsh words echo remarks made just last week during the “phase-one” China trade deal signing ceremony, where the president stated he doesn’t know “where the hell it leads” but that negative interest rates such as implemented in Germany and Japan are “incredible.” Also Read: Maduro Opens International Crypto Casino Trump Enamored by Minus Signs During his speech at the World Economic Forum in Davos, Switzerland, President Trump lamented the U.S. being unable to keep up with countries like Germany and Japan which have negative interest rate policies (NIRP). […]
January 24, 2020

Crypto Lending Will Do More Good Than Traditional One

Unless you have been living under the rock, you will know crypto lending is thriving more than any other segment of the cryptosphere. Of course, there are apparent reasons for it because lending and borrowing is a direct consumer business. But, honestly, I am too surprised by its growth where companies like BlockFi, Celsius, YouHodler have issued loans worth billions of dollars. At first sight of crypto lending products in 2018, I was quite skeptical whether this industry-vertical will take-off or not. This thought was mainly because crypto lending is fully collateralized, and the fiat world where we live in there is less off collateral at stakes. Especially when you have interest rates as low as zero or negative, which means money is free, and anyone can have it without sufficient collateral. In such kind of scenario, who would want […]
January 24, 2020

10% of Central Banks Surveyed Close to Issuing Digital Currencies: BIS

A fifth of the world’s population may well have access to a central bank digital currency in as little as three years, according to a BIS survey.
January 24, 2020

Bahrain Becomes Next Country to Trial Digital Currency

The central bank of Bahrain is the first to pilot a new toolkit developed by the world economic forum. This toolkit will help Bahrain’s central bank determine if a Central Bank Digital Currency (CBDC) is the right fit for the gulf kingdom. Other nations considering CBDCs will also be using the toolkit in the future. Bahrain Jumps on CBDC Bandwagon The central bank of Bahrain has been chosen as the first central bank to employ the World Economic Forum’s (WEF) newly released tool kit for determining if the Middle Eastern nation would benefit from implementing a CBDC. A CBDC is a digitized sovereign currency issued by a nation’s central bank, which would be similar to current public blockchain networks. Bankers and policy makers have done a 180 degree turn on cryptocurrencies and are now considering issuing their own. The WEF […]
January 24, 2020

Exchanges Hold More Bitcoin Than Ever as Coinbase Wallet Nears 1M BTC

Coinbase’s mushrooming cold wallet balance underscores the persisting trend of investors trusting third parties with their Bitcoins
January 24, 2020

Hawaii Introduces Bill Authorizing Banks to Offer Crypto Custody

A bill in the Hawaii State Senate aims to clarify its classification of digital assets and pave the way for banks to provide custody services
January 24, 2020

WEF Unveils Global Governance Consortium for Digital Currencies

The WEF has unveiled a new consortium devoted to designing a global governance framework for digital currencies
January 24, 2020

Tron Price Analysis for January, 24th – TRX Falling

On Friday, January 24th, the Tron is declining, trading at $0.0159. On D1, the last wave of declining after the attempted tests of the support area between $0.0110 and $0.0117 changed for an impulse of growth that has managed to break out the resistance line of the mid-term channel. Such a situation may mean the beginning of a new uptrend forming. The nearest goal of the growth will be the local fractal $0.0230 but only after a breakout of $0.0185. On the MACD, the lines are getting ready to cross 0 to the positive area, which supports the idea of an uptrend forming. However, if the crossing fails, and a Black Cross appears on the indicator, the quotations may fall to $. 0085. On H4, we can see a slight decline as a correction of the previous impulse of growth. […]
January 24, 2020

Notes From the WEF: Cash Is Dead, Long Live Digital Cash

Consensus is building on one issue at the World Economic Forum in Switzerland: Cash is dead.
January 24, 2020

Elon Musk Opens Up on Bitcoin, Finally

Elon Musk, the CEO of Tesla and SpaceX, recently attended a podcast in which he briefly discussed his views on Bitcoin, stating that he is “neither here nor there” on the digital currency. Elon Musk finally talks about crypto Elon Musk has become quite a popular internet personality over the last several years. He has participated in various podcasts, and become a big part of the meme community on the internet. However, one area where his views were only assumed but never really confirmed, is the cryptocurrency sector. Musk has posted several tweets mentioning cryptocurrencies such as Bitcoin, Ethereum, and even Dogecoin, for which he said it’s his favorite concept. However, he never admitted to being a crypto user or investor, and he never really explained his stance, until now. Recently, Musk has appeared in an episode of ‘Third Row […]
January 24, 2020

Hydro Protocol open-sources its most useful tools for interacting with Ethereum

The team of Hydro Protocol, an open-source framework for building decentralized exchanges, has now open-sourced three project libraries it found most useful for interacting with the Ethereum blockchain. Beyond the three libraries open-sourced today, Hydro Protocol says more will be coming in the months ahead in an effort to give back to the community. Listed […] CryptoNinjas: Hydro Protocol open-sources its most useful tools for interacting with Ethereum
January 24, 2020

Japanese Lawmakers Are Working On A Central Bank Digital Currency

Japan could be working on creating a new digital currency in order to improve its monetary policy, among other things. This is according to a recent report released […] The post Japanese Lawmakers Are Working On A Central Bank Digital Currency appeared first on UseTheBitcoin.
January 24, 2020

Decentralized storage platform Sia adds streaming video endpoint

Sia, a decentralized blockchain storage platform, announced today the addition of a streaming endpoint. Users can now stream their favorite content from a fast, cost-effective and fully decentralized network. Prior to this, Sia could only be used to store files but there is a lot more potential to it. The Sia team affirms that streaming […] CryptoNinjas: Decentralized storage platform Sia adds streaming video endpoint
January 24, 2020

Can Crypto Cold Wallets Help Measure Exchange Dominance?

Crypto exchanges have come under fire recently for allegedly fabricating volume figures. It is an easy thing to do so researchers are looking at other ways to measure dominance, and cold wallets could be one. There are a number of differing ways to rank crypto exchanges and daily volume appears to be one of the most popular. Leading analytics platforms such as Coinmarketcap now offer three metrics for exchange volume; adjusted, reported and liquidity. Yesterday, Bitcoinist reported on the latest monthly crypto exchange review from analytics firm Crypto Compare. The top exchanges in terms of volume were not what we would expect and there is very little transparency for these results. Today, for example, an obscure Republic of Seychelles registered exchange called Bilaxy is topping the CMC charts for reported daily volume which it claims is over $2 billion. Can […]
January 24, 2020

Tether Launches Gold-Backed Stablecoin and Begins Trading on Bitfinex

Tether launches a gold-backed stablecoin while trading on Bitfinex has already started
January 24, 2020

Week Two of RBI Vs. Crypto at the Supreme Court of India

The historic case brought against the Reserve Bank of India’s ban on banks’ dealings with cryptocurrency businesses resumed this week at the country’s Supreme Court
January 24, 2020

Is Japan Entering the Central Bank Digital Currency Space Too?

Recent reports indicate that Japan might be moving towards launching its own CBDC, although uncertainty remains high due to reports that deny the decision. Japanese lawmakers might be moving in on the crypto space Ever since Facebook confirmed the rumors that it plans to launch its own cryptocurrency, lawmakers, regulators, and central banks around the world started taking the crypto sector a lot more seriously. While some were in a hurry to try and come up with rules and regulations for the digital assets, central banks decided on a different approach. Many of them started working on their own digital currencies, calling them CBDCs (Central Bank Digital Currencies). The new trend was sparked by China’s announcement of the upcoming ‘digital yuan,’ but many others were soon to follow. Now, according to a recent report by Reuters, Japan might be the […]
January 24, 2020

Panic Withdrawals at Indian Bank Over Alarming KYC Notice

Hundreds of customers went on a withdrawal spree after an Indian bank announced its revised KYC requirements. The bank’s action followed the decision by the Reserve Bank of India (RBI) to include the National Population Register letter as a valid KYC document for opening bank accounts. Customers are worried their funds could be frozen. Also read: Regulatory Roundup — New US Crypto Tax Bill, Central Banks Join Forces on Digital Currencies Customers on Withdrawal Spree Customers of the Central Bank of India’s Kayalpattinam branch in the state of Tamil Nadu have been on a “panic withdrawal” spree after the bank issued a notice in a local newspaper regarding its revised know-your-customer (KYC) requirements, local media reported on Jan. 23. The Central Bank of India, a government-owned bank, is one of the oldest and largest commercial banks in India. The notice, […]
January 24, 2020

Electroneum launches ETN Rewards to replace cloud mining

The UK-based cryptocurrency has incentivized millions of new people to begin exploring how easy it is to use ETN and begin understanding the benefits of alternative paths to financial inclusion. The world is changing quickly. Technology is revolutionizing the way we live and go about our daily routine. Start-ups are disrupting every sector we can […] CryptoNinjas: Electroneum launches ETN Rewards to replace cloud mining
January 24, 2020

DApp platform ArcBlock launches native token swap service and asset chain

ArcBlock, a custom blockchain development platform, today announced the official release of its Token Swap Service and asset chain. From today, ArcBlock users and developers will have access to fully utilize token swap operations for their applications, services, and utility. The ArcBlock team says they will soon be deploying additional swap service instances in more […] CryptoNinjas: DApp platform ArcBlock launches native token swap service and asset chain
January 24, 2020

Continued Losses See Bitcoin Erase 40% of Recent Price Rally

Bitcoin’s price pullback has gathered steam in the last 24 hours, erasing a major portion of the cryptocurrency’s recent gains.
January 24, 2020

Celsius to Begin Offering Compounding Interest on Crypto Deposits

Celsius Network, a cryptocurrency lending platform, will begin offering compounded interest on cryptocurrency deposits
January 24, 2020

Ethereum Staking Taking Off With Over 1 Million ETH Primed For 2.0

Ethereum prices may not be very positive at the moment but fundamentals are improving as the network gears up for proof of stake. Testnets indicate that up to a million ETH could be already staked in anticipation of Beacon Chain. Ethereum has fallen back below $160 today as crypto markets continue their correction. Chinese New Year has been partially blamed for the selloff and the exit of over $10 billion from crypto markets this week. In the short term none of this really matters for Ethereum which is still showing solid fundamentals and development progress. How Would You Like Your Stake? As reported yesterday by Bitcoinist, one of Ethereum’s most important smart contracts was successfully verified enabling deposits to be made in preparation of the migration to proof of stake. It has been estimated that around a million ETH has […]
January 24, 2020

Japanese Officials Are Working on a Digital Currency

In an unexpected turn of events, Japanese lawmakers are set to propose a digital yen
January 24, 2020

Ripple’s Brad Garlinghouse Hints Firm May Seek IPO Within 12 Months

The Ripple CEO said at Davos that an initial public offering is seen as the “natural evolution for the company,” perhaps even this year.
January 24, 2020

Cypherpunk Harry Halpin Takes on Davos

Nym Technologies CEO Harry Halpin speaks to CoinDesk’s Leigh Cuen about the waning power of the Davos elite.
January 24, 2020

Italian Winery Adopts Interactive Screw-Caps With Blockchain Verification

Italian winery Vigneti Massa is launching blockchain-enabled caps for some of its wines, allowing consumers to verify the vines and vintage of individual bottles
January 24, 2020

Japanese Lawmakers Will Propose Digital Yen to Counter Libra, China: Report

Around 70 politicians from Japan’s ruling Liberal Democratic Party plan to propose the nation issues its own digital currency.
January 24, 2020

US Deficit Will Be at Least 6 Times Bitcoin Market Cap — Every Year

The U.S. budget deficit has shot up 55% as a percentage of GDP since the 1960s
January 24, 2020

Top Blockchain Layer 2 Solutions For dApps In 2020

The scalability problem within blockchain has seen the rise of layer 2 solutions that seek to solve a variety of scalability issues that exist within layer 1 blockchain platforms today. Take the payments area as an example, today it’s clear that if decentralized blockchain platforms are to compete against their centralized peers like Visa and PayPal, they need to work on increasing the number of transactions per second (TPS) they can handle. Layer 2 solutions exist on top of blockchains and aim to solve a variety of scalability issues, including scaling smart contracts, payments, and off-chain computation. The idea is to move the most significant load of work off-chain, guaranteeing security through the use of permissionless blockchain as anchors. In this piece, we are going to take a look at four top layer 2 blockchain solutions for dApps in 2020. […]
January 24, 2020

Ripple CEO Hints at IPO, Says More Crypto Firms Will Go Public in 2020

CEO Brad Garlinghouse has hinted that Ripple may pursue an IPO, saying he expects more industry firms to pursue public flotation in 2020
January 24, 2020

Crypto Exchange BTCMEX Rallies Traders in Latest Affiliate and $120 Trading Bonus Programs

Cryptocurrency exchanges are evolving in step with the new innovative trends that are becoming mainstays in blockchain technology. One particular exchange, BTCMEX, is tapping several modern crypto-trading tools to bring out the best in crypto traders and has now launched a generous affiliate program and trading bonus scheme. BTCMEX Bitcoin/cryptocurrency trading has taken off in big ways over the past few years, and in order to capture the interest of fledgling traders and seasoned veterans, cryptocurrency exchanges have begun to adapt and cater to the ever diversifying needs of the modern crypto trader. In an unpredictable market, traders are often drawn to exchanges that have robust trading tools, are fast, responsive, and don’t gouge traders with obscene fees. BTCMEX is a new exchange founded by China’s foremost Bitcoin bull, Li Xiaolai, who is also the founder of Steemit and the […]
January 24, 2020

Ripple Reports Selling Just $13M of XRP Last Quarter

Ripple sold $13 million in XRP last quarter – down 75 percent from its Q3 sales of $66.24 million.
January 24, 2020

Ripple’s XRP Sales Saw a Historic Low in Fourth Quarter of 2019

After getting rid of programmatic sales, Ripple made only $13 million in XRP token sales in Q4 2019
January 24, 2020

What Is the Ideal Block Size and Fee Cost?

Many of the debates around block size in Bitcoin operate under the false premise that the question can even be properly answered by a central authority. But markets are better at deciding these questions and block sizes and fee costs should be worked out by miners and users, not development committees. Also read: How is Bitcoin Cash Different from Bitcoin Core? Price-fixing doesn’t work Dan Held writes in his latest Medium post: A decentralized economy complements the dispersed nature of information spread throughout society. Each company is an attempt to take the local knowledge that it has and create a good or service that ultimately is the correct capital allocation (aka profit). This is correct, which makes me think he must not understand the point he’s trying to make, because Held also argues that Bitcoin developers must impose production quotas […]
January 24, 2020

Bitcoin Thieves Arrested in Japan for Pilfering $700k in BTC

The Japanese police arrested two suspects for the theft of Bitcoin (BTC) from the coffers of the relatively small market operator CoinExchange. Internal Information Helped Order Bitcoin Withdrawals for Personal Enrichment Yuto Onitsuka, 25, and Takuma Sasaki, 28, reportedly stole 78 million yen in Bitcoins, equivalent to about $710,000, reported Japan Times. The theft was possible for former employee Onitsuka, who knew the access credentials to the wallets of CoinExchange. The small market operator closed in late 2019, after accruing losses due to the bear market. The theft happened in October 2018, about a year before the exchange closed when Bitcoin had stabilized around $6,400. The BTC stolen was tracked to foreign and domestic exchanges, thus identifying the culprits. Onitsuka and Sasaki reportedly never met each other, and only communicated through crypto-related bulletin boards. Sasaki used the login credentials to […]
January 24, 2020

Bitcoin Cash Analysis: Primed For More Downsides Below $300

Bitcoin cash price started a fresh decline after it failed to stay above $400 against the US Dollar. The price broke a few key supports near the $350 and $340 levels. There was a break below a major contracting triangle with support near $331 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair remains at a risk of more losses below the $312 and $300 support levels in the near term. Bitcoin cash price is declining and struggling to stay above $312 against the US Dollar. BCH/USD is likely to accelerate lower towards $272 if it breaks the $300 support. Bitcoin Cash Price Analysis This week, bitcoin cash price started a downside correction from well above the $365 level against the US Dollar. BCH price broke a few key supports near the $340 and $330 […]
January 24, 2020

Will a Ripple IPO Spell Doom for XRP Prices?

In an interview with the Wall Street Journal at Davos 2020, Ripple CEO Brad Garlinghouse pretty much-confirmed intentions to take the company public. The effects on XRP as an investment could be catastrophic. Ripple Chief Speaks of IPO According to reports in Ripple-centric media and tweets from company executives, Brad Garlinghouse has virtually confirmed that an IPO is on the cards for the fintech firm. There was nothing on his own feed, but SVP of Product Asheesh Birla tweeted this earlier; “We’re not going to be the first and we’re not going to be the last, but I expect us to be on the leading side… it’s a natural evolution for our company.” “In the next 12 months, you’ll see IPOs in the crypto/blockchain space. We’re not going to be the first and we’re not going to be the last, […]
January 24, 2020

Bitcoin Price Rally Falters as Bulls Fight to Hold the $8.3K Support

#Bitcoin price dropped below $8.5K, leading price briefly below the $8.3K support but bulls are working hard to defend the 200-DMA
January 24, 2020

Gift Bitcoin Cash for Chinese New Year With a Limited Edition Red Envelope Paper Wallet From Bitcoin.com

Giving red envelopes full of money to friends and family is a traditional way to celebrate the Lunar New Year in China and other Asian cultures. This year you can gift your loved ones bitcoin cash with a limited edition Red Envelope BCH paper wallet from Bitcoin.com. Also Read: Bitcoin Games Celebrates Lunar New Year 2020 With Introduction of Free Spins Say Happy Lunar New Year With Bitcoin Cash The Lunar New Year festivities will begin as a new moon appears on Saturday, 25th January 2020. To celebrate the holiday, Bitcoin.com has developed a limited-edition themed paper wallet for Asian BCH users to gift as a Red Envelope. If you are not familiar with this feature, a paper wallet is a physical way to store digital assets. You can load any amount of crypto on a wallet like that and […]
January 24, 2020

Various Stablecoins Make Inroads in the Shadow Side of Commerce

Stablecoins have become a staple in the world of crypto assets. Beyond being exchanges on trading platforms, however, their adoption has seemingly remained fairly limited. However, some smaller merchants see merit in these currencies pegged to the US Dollar. Stablecoins Fuel Off-the-books Trading Lanes Primarily importers and exporters of goods across Asia and Europe see merit in USDT and USDC. This is based on information provided by payment process and OTC trading outfits. It is believed that millions of US Dollars are changing hands every single day.  Some others report a hefty increase in monthly volume and expect it to go up even further.  It is evident that there is some merit to a digital asset that maintains its value at all times. Primarily if the US Dollar in physical form is not as accessible or liquid as some may […]
January 24, 2020

BlockFi Adjusts Interest Rates to Lure Larger Crypto Deposits

BlockFi, recently announced it would make changes to the interest they pay for bitcoin and ether deposits.
January 24, 2020

Is There Such Thing As Bitcoin Insurance?

When we talk of financial security and investments, insurance will always be part of the topic since this will help you secure your future. In fact, you might even think of getting life insurance for you and your family, or probably you already own a car insurance if you have purchased your car. There are different types of insurance, and you should get the ones that you genuinely need. But have you heard of a Bitcoin insurance? Well, if you are a cryptocurrency enthusiast, you probably heard of it. However, it’s possible that you haven’t thought of getting one, especially that you are not yet fully equipped with knowledge about it. What is a Bitcoin Insurance Bitcoin is a cryptocurrency released in 2009 by someone with an alias, Satoshi Nakamoto. This digital currency can be used to buy or sell […]
January 24, 2020

The Future of Insurance in 2020

Surely, the insurance industry is one of the biggest out there. The revenue made by this industry has already reached over 5 trillion US dollars and it’s still on an upward trend. 2020 is already here and many already have their predictions when it comes to how the industry will do this year and even the next few years. The main concern that insurance and insurers have is mainly change. Insurance firms are expected to fight, adapt, be effective, and quickly move when it comes to this if they want to remain strong in the next few years. Auditing and consulting company Deloitte recently has a new campaign called A Demanding Future: The Four Trends that Define Insurance in 2020. Deloitte was able to survey 200 CEOs, CFOs, CROs, and CTOs from sectors like life and annuity insurers, Property and […]
January 24, 2020

The ICO and IEO Are Dead. What’s Next for Crypto Fundraising?

So long ICO and your short-lived successor the IEO. It was nice knowing you. We’ll remember the good projects you spawned, but mostly we’ll recall the financial mismanagement, misaligned incentives, regulatory side-stepping, and token-holder acrimony. Regardless of whether you view the ICO era as a net good or bad for the crypto industry, it’s an era that’s now winding down. A trickle of initial exchange offerings will continue into this year, but the golden age of token sales is fading into the rearview mirror. In their place, industry participants are scrambling to find a fairer means of raising capital and allocating tokens, one that doesn’t invite the wrath of regulators and the ire of bag-holders left clutching tokens that have died a slow death. While the jury is still out on which ICO and IEO alternatives pass muster, there are […]
January 24, 2020

HODL Bitcoin or Trade Bitcoin – Crypto Adoptees Reveal Preferences

HODLING. When investors purchase cryptocurrency with the intent of deriving long-term price appreciation, the objective is to incrementally increase BTC holdings over time. The thinking behind this methodology is rooted in the demand/supply function. The supply of Bitcoin is limited to 21 million BTC, and there are currently 18,163,812 Bitcoins in circulation, with 86.49% of Bitcoins already issued.  By deduction, steady demand will invariably lead to higher prices when supply is limited. HODLING is one technique used by adoptees to engage in the crypto market. It assumes a linear progression of the pricing mechanism. The expectation is that long-term appreciation in prices will ensue, allowing investors to benefit from holding this cryptocurrency.  It works in a similar fashion to traditional stock market investments where you buy low and you sell high. Crypto Traders Leverage BTC Price Movements At a price […]
January 24, 2020

Millennial and Male: 3 Crypto Card Issuers Profile Their Average User

Platforms offering debit cards that can be topped up with cryptocurrency have enjoyed growing popularity in the crypto community. They provide a payment solution for those who earn and own digital coins, enabling in-store and online crypto payments. Their expanding user base provides a snapshot of the kind of people who spend crypto on a daily basis and what they like to buy. Also read: Crypto Debit Card Targets Generation Z With a Promise of Financial Freedom Highly Educated, Overachieving Foodies Three European companies with crypto card products shared what they know about their users with news.Bitcoin.com. Madrid-based fintech startup 2gether provides banking services to residents of the Eurozone through its mobile app. The company issues a debit Visa linked to its wallet which supports about a dozen cryptocurrencies. Major ones such as BTC, BCH, ETH, and XRP account for […]
January 24, 2020

Keeping Your Assets Safe — Crypto Insurance May Soon Become the Norm

Experts weigh in on the future of the crypto industry: “The crypto community needs a reliable insurance mechanism”
January 24, 2020

Ripple Tops List of Blockchain Capital Raisers in 2019

Ripple raised the highest amount of funding among blockchain companies last year, according to a report by CB Insights. Ripple Raises $200 Million at a Valuation of $10B Last month, we reported that Ripple secured $200 million in a Series C round from investors like SBI Group, Tetragon Financial Group, and Routee 66 Ventures. The blockchain firm led by Brad Garlinghouse was valued at $10 billion at the time. The investment round helped the XRP issuer to top the list of blockchain firms by the amount of funds secured last year. Ripple plans to use the funds for talent hiring, opening new offices overseas, and enhancing balance sheet flexibility. Ripple was followed by Figure Technologies in the list of largest funding rounds. The latter raised $103 million to support the expansion of its blockchain-based platform Provenance. Figure uses the platform […]
January 24, 2020

Bitcoin’s Privacy and Scaling Tech Upgrade ‘Taproot’ Just Took a Big Step Forward

A privacy and scalability upgrade that could turn out to be one of bitcoin’s largest to date has passed a couple of milestones that were little noticed outside technical circles.
January 24, 2020

3 Reasons Why the Crypto Market is Crashing Today

The global crypto market capital has shed another $7 billion today, as Bitcoin and the wider altcoin market continue to struggle to find support. We’re here to explain why this is happening right now. Bitcoin is the main trading pair with every other cryptocurrency or token on most major exchanges. If Bitcoin’s price rises, most other coins and tokens also rise, sometimes even outperforming Bitcoin itself in price action. The same is also true if Bitcoin’s price declines. Traders love this volatility, but smaller investors trying to time the market often get wiped out. Here are 3 major reasons for why the crypto market has been in it’s recent slump, despite the hype surrounding Bitcoin’s upcoming halving. Let’s take a look. 1. Chinese New Year is right around the corner In two days, Chinese New year kicks off, and all […]
January 24, 2020

Paypal Pullout Prompts Pornhub to Add Tether as Payment Option for Its Adult Models

The porn industry is seen by many as a perfect fit for widespread cryptocurrency usage as it suffers from financial censorship far more than most businesses. When Paypal stopped servicing Pornhub models, the company hinted it might turn to digital currency as an alternative and now this has been accomplished with the Tether stablecoin USDT. Also Read: Pornhub Suggests Crypto Payments After Paypal Censors Model Payouts Pornhub Turns to Tether as Payment Method Pornhub, part of the Canada, Montreal-headquartered online adult entertainment conglomerate Mindgeek, has announced that they have added three new payout methods for their models including USDT. “Since PayPal’s decision to stop payouts to thousands of Models two months ago, we’ve been hustling to start the new year on a good note and offer you more options to make things a little easier,” the company’s support team explained […]
January 23, 2020

Accused Bitcoin Launderer Vinnik Reportedly Arrives at French Hospital

Accused money launderer Alexander Vinnik arrives at French hospital
January 23, 2020

Bitcoin Puzzle Worth 2.1 BTC STILL Unsolved, Find New Clues Here

With its 2.1 bitcoin (BTC) puzzle still unsolved, a Phemex co-founder has offered a few clues to help in cracking the code. The crypto derivatives trading platform is one of the new entrants in the market, going live late last year with an operational presence in Singapore. Clues To The Bitcoin Puzzle In a letter published on the Phemex website on Thurday (January 23, 2020), Max Wong, co-founder of the crypto derivatives exchange platform offered a few clues for the 2.1 BTC puzzle put out earlier in the week. The hints provided by Wong are: The first 21-digit prime found in consecutive digits of e is: 957496696762772407663 The private key you derive from Satoshi’s portrait is a big integer, not Wallet Import Format (WIF) The filename of the picture is irrelevant The next step involves converting some words from the […]
January 23, 2020

Kik Representative Will Give Deposition in SEC Case on Jan. 28

A Kik representative will give a deposition before the court on Jan. 28 in continuing SEC case
January 23, 2020

Securities Regulator of India Bets on Blockchain

The chairman of the Security and Exchange Board of India says that blockchain may bring a paradigm shift in the securities market landscape
January 23, 2020

Crypto Scam Dupes a 75-Year-Old Woman in the U.K.

It’s always rough to see people lose their money to crypto scams, but when those people are 75 years of age and when the money lost was their life savings, it’s really disheartening. Crypto Scams Take On New Forms This is the case for Frances Foster from Plymouth in the United Kingdom. At 75 years old, Foster is at an age where virtually every cent means something. A life in retirement can yield great returns, but it can also mean health problems, doctor visits and solitude. While this may not have been the case for Frances, the scam is even more hateful when one takes her age into consideration. Foster came across an ad for a new bitcoin platform late last year. The company was advertising relatively high returns, which intrigued her and gave rise to the investing bug that […]
January 23, 2020

Cross-chain private exchange protocol Ren inches closer to mainnet

Ren, an open protocol that enables the permissionless and private transfer of value between any blockchain, has announced today it is now closer than ever to launching its mainnet. The impending launch follows last year’s release of a working testnet and launch of a developer portal. The final stages of testing are now underway, the […] CryptoNinjas: Cross-chain private exchange protocol Ren inches closer to mainnet
January 23, 2020

Bitcoin Cash Miner Jiang Zhuoer Answers Infrastructure Funding Questions

On Wednesday, Btc.top founder Jiang Zhuoer disclosed that five mining operations had plans to donate roughly $6 million in coinbase rewards (depending on market prices) to developers building Bitcoin Cash infrastructure. The news was met with mixed reviews as some of the specifics of the deal were scrutinized and the miner funding subject has been the topic of debate across the entire cryptosphere. On Jan. 23, Zhuoer discussed the developer fund idea in an Ask-Me-Anything (AMA) appearance on Reddit. Also Read: Bitcoin Cash Sees Mining Pool Shift and Hashrate Surpass 4 Exahash Bitcoin Cash Proponents Have Mixed Feelings About the Proposed Infrastructure Funding Plan In the world of cryptocurrency funding developers has always been a controversial subject no matter where the money comes from. There have been many attempts to fund blockchain infrastructure development using a variety of schemes like […]
January 23, 2020

Facebook: The Rise of a Giant and the Libra Cryptocurrency

Facebook has wrapped up almost 16 years of history. Founded in 2004 chiefly as a social network company, Facebook initially launched to connect Harvard University students together. The company’s first steps happened at a notorious historical moment, with the first iteration starting off in a Harvard dorm room. Mission: Connecting the World The company’s initial mission sounded innocent enough, based on the idea of connecting people through a single platform. Mark Zuckerberg, the company’s founder, has mentioned in multiple variances. Facebook was not originally created to be a company. It was built to accomplish a social mission – to make the world more open and connected In late 2019, Facebook counted almost 2.5 billion users worldwide, once again making it the largest social network. The connectivity and invitation algorithms expanded the number of users, leading to global network of people.  […]
January 23, 2020

Hawaiian Bill Would Let Banks Act as Crypto Custodians

Hawaiian lawmakers have submitted a bill that allows banks to provide custody for digital assets.
January 23, 2020

Litecoin ‘Digital Silver’ Narrative Is Proven Wrong, New Data Shows

Litecoin isn’t “digital silver” but new data suggests silver’s price action can help predict LTC price