Fun Price Product If you’ve been in the cryptocurrency space for a year or two, then you’ve definitely heard of CryptoKitties. If you’re like me, you probably laughed at the idea of collecting virtual kittens and never bothered to check it out. Back during the crypto craze in 2017 and 2018, I remembered the amount...Read More
Academic interest in crypto and blockchain is increasing across the board, according to a study from Coinbase published Wednesday. The crypto exchange looked at the world’s top 50 universities (according to the U.S. News & World Report ranking) and found that 56 percent have blockchain or crypto classes available. Last year, Coinbase found 42 percent to...Read More
Today Bakkt revealed that one of the most important pieces of the puzzle is in place. They are days away from securely custodying bitcoin for clients. | Source: Shutterstock For months we didn’t hear a peep out of Bakkt, and now the NYSE owner-backed exchange won’t hush and it’s music to the ears of the...Read More
XRP – the cryptocurrency that is closely associated with the FinTech company Ripple – has faced a significant amount of bearish volatility as of late, which many analysts believe has been caused by Ripple selling a large amount of tokens onto the markets each quarter.Brad Garlinghouse, the CEO and founder of Ripple, is now trying...Read More
Based on a recent report, the Santiago Stock Exchange (STE), the Global Trade Directory (GTD), and the Central Securities Depository (DVC) has come together to form a new Hyperledger blockchain project to stabilise the Chilean stock market and bring in new investors from overseas. The Technology Consortium will investigate cases regarding the usage of blockchain...Read More
Almost a month after getting caught misusing our Siri voice recordings, Apple says they’re sorry. Would they be sorry if they were never caught? | Drew Angerer / Getty Images / AFP Apple, who was caught listening to our data earlier this month, just apologized for their privacy violations. In a post to their site,...Read More
It has been a while since Monero malware made headlines. Recent research by Avast shows this industry is far from dead. The Retadup worm is currently infecting thousands of windows machines in Latin America. Once a device is infected, the malware will begin mining the Monero cryptocurrency and attempt to avoid detection. The Retadup Threat...Read More
French police have shut down a massive botnet that has been used for Monero (XMR) cryptojacking. Cryptojacking backed by “massive firepower” BBC News reported the development on Aug. 27. According to the police, the botnet was distributed by sending virus-laden emails with offers for erotic pictures or fast cash, and further propogated through infected USB...Read More
Square Crypto, the cryptocurrency branch of Jack Dorsey’s Square, touted the virtues of bitcoin giveaways but didn’t actually give any away. | Source: Shutterstock Square Crypto, the cryptocurrency unit of Jack Dorsey’s mobile-payment company Square, extolled the virtues of gimmicky bitcoin giveaways. But then it didn’t offer to give any away. What a crypto tease!...Read More
Facebook is offering thousands of dollars as a reward for those testers who find bugs in its upcoming Libra cryptocurrency. Libra Invites Your Security and Privacy Review of its Architecture and Design Facebook envisages empowering billions of people all over the world through its single global ‘cryptocurrency’, Libra. It will be supported by a simple...Read More
Crypto enthusiasts have noticed that the Ethereum blockchain has come awfully close to reaching capacity due to the added transactions stemming from the Tether (USDT) network. The transaction count since mid-August shows the ERC20 version of tether has surpassed the original version that uses BTC. ERC20 tether transactions cost users more than $260,000 in the...Read More
Major file sharing company BitTorrent, a subsidiary of blockchain company Tron, is going to internally test its blockchain-based live streaming platform in Q3 2019. Platform overview BitTorrent announced the news in an official blog post on Aug. 27. According to the announcement, the streaming platform — called BitTorrent Live (BLive) — supports live video content...Read More
Facebook recently declared its plans to join the digital market by 2020. The move which has about twelve countries on board will see the tech giant create its own online currency named Libra. The Global coin is already ahead of other cryptocurrencies such as Ethereum and Ripple among others. But the currency must overcome a...Read More
In a matter of minutes crypto prices crashed. There is currently a story doing the rounds that the French police stopped a bot dubbed a “crypto jacking virus”. ETC/USD is currently the worst affected down just over 11%. USD 150 million worth of longs were also said to be liquidated at the BitMEX exchange. Litecoin price analysis:...Read More
The decentralized cryptographic ledger and the house of Ripple’s native cryptocurrency, XRP Ledger index 49624361 contained 370 transactions and the closing time for the ledger was just 3.5 seconds in the early hours of 28th August. The total fees for the transactions executed was 26.27 XRP. This event was tweeted by a Twitter user called...Read More
Yikes. Bitcoin (BTC) hasn’t been doing too well as of late. But altcoins, unfortunately, have been doing worse.Related Reading: Bitcoin Plunge Through $9,600 Liquidates $144 Million in BitMEX LongsOn Wednesday morning, the victors of the latest tug-of-war between bulls and bears were decided.Within a few minutes’ time, the Bitcoin price shed some $400 to $500...Read More
TSMC, the world’s largest independent semiconductor foundry and chip supplier for Bitmain, is facing multiple lawsuits from its competitor GlobalFoundries (GF). Alleged patent infringement GF, the second biggest semiconductor foundry by sales after TSMC, filed several lawsuits in the United States and Germany, accusing Taiwanese TSMC of infringing on 16 GF patents, according to an...Read More
Bitcoin (BTC) has now further extended its period of consolidation around the key $10,000 support level and has failed to post any sustainable bounce since dipping below this critical support level over the weekend.Analysts are noting that Bitcoin’s technical structure is currently expressing signs of bullishness, with one prominent analyst explaining that he expects BTC...Read More
Dubai-based fintech company Wethaq has entered into a strategic partnership with enterprise software firm R3, in order to create a platform for issuing and trading sukuk securities based on R3’s Corda offering. A platform for Islamic securities According to a press release on Aug. 28, Wethaq’s platform is built on R3’s open source enterprise blockchain...Read More
Bitcoin fell by 1.86% on Tuesday. Partially reversing a 2.41% rally from Monday, Bitcoin ended the day at $10,184. Bearish through the morning, Bitcoin fell from a start of a day intraday high $10,395 to a midday intraday low $10,021. Falling well short of the day’s major resistance levels, Bitcoin slid through the first major...Read More
3 min read In Hebrew, the word, “kesem” translates to, “magic” in the English language. The beauty of magic is that it can do anything, including bring joy back into the eyes of someone who hasn’t seen it for a long time. Christopher Rodriquez (Iota-Gamma, ’18) wants to give that feeling to each and every...Read More
The twenty-fourth episode of Magical Crypto Friends focused on Litecoin, the development FUD surrounding the coin, the recent halving and its Mimblewimble implementation. The creator of the cryptocurrency, Charlie Lee, addressed various questions pertaining to these topics in the 25-minute discussion. Addressing the development FUD, Lee stated that this was one of the most common...Read More
Facebook’s Libra cryptocurrency project is offering up to $10,000 to security researchers to find security flaws in its testnet. | Source: Shutterstock Facebook’s cryptocurrency project is offering security researchers from anywhere in the world thousands of dollars to find bugs in its Libra cryptocurrency testnet. The Libra Association, which is in charge of the cryptocurrency...Read More
Controversy continues to surround Tether, as recent market moves have vaulted the crypto into the sixth position on the world’s list of digital assets. As Tether fires up its printers once again, many market commentators wonder if this will lead to a sustained BTC prop above the 10K level. Controversial cryptocurrency Tether continues to make...Read More
The chairperson of the South Korean Financial Services Commission (FSC) has stated that he is in favour of a proposed reporting system for crypto exchanges operating in the nation. The regulations may serve to make digital currency trading platforms more transparent, as well as helping to protect against money laundering and other financial crimes.The proposal...Read More
Bitcoin’s price slid more than $600 in 30 minutes, falling back below $10,000 on Wednesday. Beginning at 17:50 UTC and lasting until 18:20 UTC, BTC witnessed a large pullback from $10,200 to $9,600, followed by a small bounce near $9,740, providing temporary support. Bitcoin opened the day at just under $10,200. Over the trading day,...Read More
Tether is back in the news, but this time it’s just moving house. Large numbers of the controversial dollar-valued token are migrating to Ethereum from Bitcoin’s OMNI layer, resulting in a boom in active USDT-ETH addresses. A Coin Metrics State of the Network analysis, released August 27, 2019, reports that the number of USDT-ETH active...Read More
