August 31, 2019

Craig Wright to Challenge Court Ruling in $10 Billion Bitcoin Lawsuit

Self-proclaimed bitcoin inventor Craig Wright plans to challenge judge Bruce Reinhart’s ruling that knocked down his affirmative defenses. | Source: (i) YouTube (ii) REUTERS / Dado Ruvic / Illustration / File Photo; Edited by CCN Self-proclaimed bitcoin inventor Craig Wright plans to challenge the recent ruling against him in the $10 billion lawsuit filed by...
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Artificial Intelligence is a Valuable Tool for Voice Fraudsters

New technologies are often both a blessing and a curse. Artificial intelligence is shaping up to be no different in that regard. Criminals are now using AI and voice technology for monetary purposes. The rise of voice fraud should not be underestimated, as it can hit any company around the world in the future.  Abusing...
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Bounce Off $9,000 Could End Bitcoin Price Correction; Here’s Why

While selling pressure has undoubtedly dissipated, the Bitcoin (BTC) price is still struggling. As of the time of writing this article, the cryptocurrency is trading for $9,550, which is 6.5% lower than BTC was at one week earlier.Related Reading: Prominent Investor Says Bitcoin Has “Failed” As a Safe Haven: BTC Slips 5%But, bulls might get...
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German blockchain startup Bitwala launches all-in-one Bitcoin banking platform

Bitwala, a German blockchain-based startup, has announced the launch of an all-in-one platform for banking with Euros, as well as buying and selling bitcoin. With a quick set-up via video verification, the new app will enable users to start banking and trading Bitcoin within minutes. A national identification card, including valid address proof, is required...
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Crypto News From Brazil and Portugal: Aug. 24-31 in Review

This week saw major expansion of crypto payments in Brazil, new standards freeing Bitcoin from Portuguese taxes, and the allegedly fraudulent Grupo Bitcoin Banco’s refusal to pay clients their deposited funds.  Brazil’s central bank announced that it would classify cryptocurrencies according to International Monetary Fund (IMF) guidelines on Aug. 26. With the new classification under...
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Pantera Capital Makes Investment In Polkadot And Three Other DLT Projects

Pantera Capital, a hedge fund and investment company have invested in Polkadot and at minimum three other initiatives which are focused on scalability. Other projects adopted by Pantera are Origin, BloXroute, and Filecoin. The purpose of the collaboration is to find lasting solutions to major scalability problems being confronted within the crypto ecosystem, and all...
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Little actions that can have ripple effects on your life : The Standard

Life changes need not be drastic, you can make a few changes right now, which if you stick to, will change your life forever.1. Use the 2-minute ruleYou have likely experienced the phenomenon where you decide to do a little bit of something, such as going for a walk, and end up doing a lot...
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Crypto News From the Spanish-Speaking World: Aug. 24-31 in Review

The Spanish-speaking world saw a number major developments this week, with several companies accepting cryptocurrencies as a form of payment and the Venezuelan government making new claims about the use and acceptance of the controversial Petro coin. Here’s the past week of crypto and blockchain news in review, as originally reported by Cointelegraph en Español. Spain:...
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How Facebook Libra Is Seeking Compliance, but May Not Launch by 2020

For the cryptosphere, August was marked by the hotly debated announcements of world giants regarding the releases of international cryptocurrencies. The People’s Bank of China (PBoC) announced the imminent release of a national digital currency, Walmart began developing its own blockchain, Binance launching the Venus project, and Pavel Durov’s TON finally shared its release date....
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Brave Referral Payout Changes Hint at Future Explosive Ecosystem Growth

The browser war continues to heat up in an interesting manner. Brave is the “new kid on the block” trying to make an impact. Some interesting changes are coming regarding referral payouts. This will be of great interest to users, although it is only a small step in the right direction.  Growing Number of Publishers...
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Bitcoin, Major Stablecoin Wallets Added to Samsung Galaxy S10

Earlier this year, the Samsung Blockchain Wallet was added to their flagship phone, the Galaxy S10. Initially only supporting Ethereum and some ERC20 tokens, the Samsung Wallet now supports Bitcoin, Binance Coin (BNB), and most of the major stable coins. Putting Bitcoin Wallets in Everyone’s hand Now that some of the biggest coins are supported,...
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Ethereum tokens locked up in DeFi apps reach a yearly-high of 2.773 million ETH

In the cryptocurrency space, major assets like Bitcoin, Litecoin, and Bitcoin Cash are generally focused on transactions or payments. However, Ethereum, the 2nd largest virtual asset in the market, also has its own platform where users are able to create their own decentralization applications [dApps]. One category of dApps that have been gaining mass traction...
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Litecoin’s inability to ride the halving wave should not be a concern for Bitcoin

Litecoin block reward halving commenced on 5 August. However, contrary to the hype around it, the prices failed to pump or show any tremendous rise. As per data from BitInfoCharts, the hashrate on Litecoin’s network has instead decreased dramatically by 33% since the halving. Even the price of the altcoin has seen a massive dip,...
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Bitcoin Bull Jack Dorsey’s Twitter Hack Is a Wakeup Call for Crypto Security

Yesterday, the CEO of Twitter and Square Inc., and staunch Bitcoin and crypto supporter, Jack Dorsey, had his personal Twitter account hacked by the way of a SIM-swap attack and SMS-based backdoor.The hack demonstrates that even the CEO can have his own company’s highly-valuable personal account compromised, and is a painful reminder that if it...
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Crypto Tidbits: Bakkt Bitcoin Custody, China’s Cryptocurrency On the Horizon, XRP In Hot Water

Another week, another of Crypto Tidbits. Bitcoin saw yet another tumultuous week in terms of price action. It fell by over 8% in one day, as bears managed to take control of the market. But, despite this downward price movement, this industry continued to trudge forward.Related Reading: Crypto Tidbits: Bitcoin Hash Rate High, Square Crypto...
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Canon RF 24-70mm f/2.8L IS USM lens lands for EOS R and EOS RP users

Group uncovered toward the start of the year around one of the six focal points they were taking a shot at. The RF 24-70mm f/2.8L IS USM has now been declared by the group. Good with the EOS R and EOS RP bodies, the new optic seems to offer picture takers much equivalent to existing...
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Top 5 Smart Contract Platforms To Watch in 2020

The number of blockchain-based smart contract development platforms available to crypto developers is now greater than ever. Over the last 18 months, a Cambrian explosion in smart contract platforms has resulted in an embarrassment of riches and a plethora of options. No longer are crypto projects forced to choose between network effects (Ethereum) and scalability...
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Crypto News From Spanish-Speaking World: Aug. 24-31 in Review

This week from Cointelegraph en Español: news on payments in Spain, the Petro in Venezuela and Paypal in Mexico
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Charming Oddity Untitled Goose Game to Land on Nintendo Switch

Dev House House was out to ruffle some feathers by announcing the release date for possibly the best-titled game ever – Untitled Goose Game. | Source: Christian Petersen / Getty Images / AFP Melbourne-based four-person development team House House was out to ruffle some feathers when it announced yesterday the release date for possibly the...
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US Air Force Steps Up Blockchain Use: What Else Is the Pentagon Up To?

This week saw twin reports from smart contract startup Simba Chain and blockchain data management firm Constellation, both of whom announced contracts with the United States Air Force.  New utility in USAF Judging by these developments, the U.S. Air Force is looking seriously at new tech to shore up supply chains and rearrange data. Simba...
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Crypto-exchange Bitbns launches trading services in the UAE using AED

Noted cryptocurrency exchange, Bitbns, is in the news after it announced yesterday that traders in the UAE would be able to buy and sell on the platform using AED (United Arab Emirates Dirham). We know you all have been waiting for this moment for so long; so have we. Today, our efforts have come to...
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Bitcoin Mathematics: Why 21 Million BTC May Have Been Chosen

Everything about Bitcoin is heavily steeped in mathematics – defined as the study of quantity, structure, space, and change. Quantity has always been of particular interest to crypto investors and traders – in increasing the quantity of one’s own holdings, and the impact the hard-capped quantity of BTC has on its long-term value.The post appeared...
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How Trump’s Tweet Could Salvage this S&P 500 Stock

Exxon Mobil was muscled out of the S&P 500 index’s top 10 stocks, but a potentially bullish scenario for oil could return the stock to its former glory. | AP Photo/Carolyn Kaster Exxon Mobil has not been able to escape the wrath of the global economic slowdown and the U.S./China trade war. The company, whose...
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Bitcoin being increasingly viewed as a store of value by retail investors as US-China trade war threatens to go on

The U.S-China trade war has left both nations’ economies in a state of distress, accelerating geopolitical tension. However, several analysts speculate that the ongoing trade war between two of the world’s largest economies has been beneficial to Bitcoin. Bitcoin’s entry into the monetary world was during a period of economic recession and the coin’s resistance...
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Cardano (ADA) Price Fuels the Bull; Price Rally on the Charts

Cardano (ADA) takes the uptrend for the intraday traders. The future holds many surprises for ADA traders. Cardano (ADA) has shown a remarkable improvement in the price of the coin in the previous week. The last few days have been a nightmare for the traders as the coin was under huge market pressure. Today, the...
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Bitcoin Price Analysis: $9,400 Key Support Holds For Now

Bitcoin’s volatility has drastically decreased over the last few weeks as price action unfolds close to key support at $9,400. This key support line creates the bottom of the asymmetrical triangle stemming from $14,000 down to $9,400 mentioned in a previous analysis on Bitcoin. Bitcoin 1-Hour Analysis On the 1 hour chart for XBT/USD, we...
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Australian Coder Warns Users of Lightning Network’s Vulnerabilities

Bitcoin’s Lightning Network coder discovered “security issues which could cause loss of funds”
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Ethereum’s DApps to operate on Telegram’s blockchain via Solidity

This year, cryptocurrencies seem to have lured huge private tech companies like Facebook, JP Morgan, and Fidelity into the cryptocurrency market. The latest addition to this list is instant messaging service, Telegram, and it is set to launch its very own cryptocurrency “GRAM” very soon. On 1 September, the messaging giant will debut testing its...
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Psst, Bitcoin Fans! It Doesn’t Matter Who Satoshi Nakamoto Is

Despite the hysteria over the identity of Satoshi Nakamoto, it doesn’t matter who he is because bitcoin transcends any individual. | Source: Shutterstock There has been a barrage of media coverage in recent weeks over the identity of Satoshi Nakamoto, the mysterious inventor of bitcoin. The coverage hit a fever pitch this week due to...
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Ripple Price Analysis: XRP Holds Strong Against BTC But Can The Bulls Regain Control?

XRP has seen a sharp decrease of 10.49% over the previous week, bringing its price to $0.2566. The cryptocurrency lost 21% over the past 30 days and 37% over the past 3 months. XRP remains the third-largest cryptocurrency with a market cap of $11.07 billion. Looking at the XRP/USD 1-Day Chart: Since our previous XRP/USD...
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Bitcoin (BTC) $ 98,175.30 5.43%
Ethereum (ETH) $ 3,494.95 6.69%
Tether (USDT) $ 1.00 0.19%
XRP (XRP) $ 2.32 8.65%
BNB (BNB) $ 696.61 3.98%
Solana (SOL) $ 198.37 9.41%
Dogecoin (DOGE) $ 0.336882 10.80%
USDC (USDC) $ 1.00 0.21%
Cardano (ADA) $ 0.944553 9.35%
Lido Staked Ether (STETH) $ 3,492.55 6.67%