On August 9, 2019, Twitter user and developer H_M_X_ (@hmatejx), a member of the XRP community, announced that he will be releasing an automatic detector for Ripple xRapid transactions from US Dollars to Mexican Pesos. Automatic detection of xRapid transactions from Bitstamp (USD) to Bitso (MXN) comming soon… pic.twitter.com/d7CQmsbGwF — H_M_X_ (@hmatejx) August 9, 2019...Read More
Just recently, Amazon cloud service AWS experienced an outage which is causing a service disruption on several Asian cryptocurrency exchanges. Binance is one of the exchanges. In recent news, Amazon has experienced a cloud service outage which has caused several crypto exchanges, including Binance, to report problems. Binance is seeing international problems, the company CEO...Read More
Ripple, a real-time gross settlements system and remittance network, had recently announced a strategic partnership with MoneyGram, one of the world’s foremost money transfer companies. Immediately after this partnership went live, XRP/MXN volume on Bitso rose by 25%. Breanne M. Madigan of Global Institutional Markets at Ripple commented, “New (and notable) data shows that although...Read More
Binance is no stranger to cryptocurrency hacks and scams, with $40.7 million (700 BTC) being stolen from the exchange just recently. While Changpeng Zhao, the exchange’s CEO managed to alleviate concerns with informed communication, the exchange was also targetted by a leak of KYC documents. Today, Binance released an official blog post titled “Update &...Read More
John McAfee, an eccentric crypto fan and U.S Presidential candidate announced to introduce Shadow Trading feature on his latest cryptocurrency trading platform, McAfee Magic. The shadow trading is meant to serve non -professional traders. The platform enables beginners to shadow trading experts, with the ease to shadow multiple professionals simultaneously. Eventually, the Shadow Portal allows...Read More
The US government has singled out cryptocurrencies including Bitcoin as a funding mechanism for the ongoing trend for smuggling the drug fentanyl. FinCEN Advisory Mentions Cryptocurrencies In an advisory issued on August 21, the Financial Crimes Enforcement Network (FinCEN) highlighted the use of “convertible virtual currency” (“CVC”) in facilitating the black market. According to the...Read More
According to a recent update on the Chinese social media network WeChat, a source close to the chip-manufacturing firm, Taiwan Semiconductor Manufacturing Company, revealed that Bitmain has reportedly placed an order for 600,000 mining chips. If true, this hige bid is likely to bring in huge profits for Bitmain. Interestingly, this batch includes the latest...Read More
Ever since its announcement in mid-June 2019, the libra coin has been dealing with pressure from the public and U.S. regulators. Facebook, the social media giant, has been prone to hacking risks that have led to the breach of information security. U.S. lawmakers have been skeptical about Facebook and the libra coin. Today, it seems...Read More
Bitmain firm, Bitcoin (BTC) mining giant is purchasing more crypto mining chips that could result in a surprising profit of $1.2 billion. Cryptocurrency mining giant Bitmain Technologies will boost its size by roughly 50% in the next six months behind a supreme hardware order as leaked by the nearest source. Bitmain Technologies Targets 50% Capacity...Read More
Ethereum Classic is making significant gains while trading on Friday. | Source: Shutterstock By CCN Markets: Ethereum Classic (ETC) is currently on a massive bull run this week, increasing its price by 30% in three days. The cryptocurrency continued its surge steadily today, skyrocketing its value by over 15% today. $ETC #EthereumClassic making a bit...Read More
In recent news, Patrick Byrne, the long-time CEO of Overstock has announced in a letter to shareholders, that he is stepping down from his position. His position will be temporarily replaced by Jonathan Johnson. Recently in a letter to all the shareholders, Overstock‘s CEO Patrick Byrne announced that he is resigning from his position at...Read More
Photo: Carbon Black, Inc. / Twitter In recent news, VMware which is a publicly traded software company announced two very significant purchases. The software company bought Pivotal which is an American multinational software and services company and Carbon Black which is a publicly traded security company focusing on modern cloud-native workloads. Both companies together are...Read More
A blocked Bitcoin donation to help the fight against the Amazon Rainforest fires has become the latest publicity headache for BitPay. BitPay Fails To Resolve BTC Freeze According to a social media exchange on August 23, the embattled cryptocurrency payment processor is facing fresh criticism after it failed to allow a $100,000 Bitcoin 00 donation...Read More
Social media networks are both useful and dangerous tools. Particularly when it comes to SnapChat, the service has received a fair bit of criticism over the years. That will not change in the near future either. Now that arms dealers are selling guns illegally through this platform, a very troublesome era has been ushered in. ...Read More
Eccentric crypto-proponent, tech security expert and U.S Presidential candidate, John McAfee, today announced the introduction of a Shadow Trading feature on his latest cryptocurrency trading platform, McAfee Magic. McAfee’s tweet read, https://t.co/5jRN3sAXvG Shadow Trading is now functional. Give it a try. — John McAfee (@officialmcafee) August 23, 2019 On the FAQ section of the webpage,...Read More
Retail and institutional investors alike are increasingly turning to safe-haven assets like gold and bitcoin. | Source: Shutterstock By CCN Markets: As the fear of an upcoming global recession is continuously surging, the interest in safe haven assets, like bitcoin and gold, is growing too. And now a major Australian news publication deems the two...Read More
The week has ended with reclamation of five figure prices by bitcoin. Some of the altcoins have been marginally dragged up with it, but many including Ethereum are still looking extremely weak. Bitcoin Back Over $10k The past five instances bitcoin has dropped into four figures have been brief encounters. There is clearly a mass...Read More
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex EOS sales continue, but on Friday, August 23rd, the market mood is too ambiguous. At the end of the week, the EOS is declining, trading at $3.62. Technical Analysis On the daily timeframe, the EOS remains inside the downtrend, the quotations inside the channel. The short-term situation in...Read More
Wikipedia co-founder Larry Sanger does not want to develop his decentralized applications atop EOS blockchain. The veteran technologist, who chose EOS to run his decentralized content distribution platform Everipedia, threatened to fire the blockchain project. He criticized EOS for becoming a de facto centralized ledger controlled entirely by the Chinese entities. Stating that Everipedia couldn’t...Read More
Bhavin Vaghela, Xendpay’s Head of Product Innovation. Photo: Ripple Ripple announced that they went into the partnership with the UK remittance firm Xendpay therefore widening their portfolio made from big companies that are already using Ripple’s product across their payment services – MoneyGram, Standard Chartered Bank, American Express etc. From Xendpay they disclosed what kind...Read More
The blockchain revolution starting with Bitcoin had a great impact on the world, not just because it highlighted the importance of a decentralized financial system, but mainly because it highlighted how distributed systems can put power back in the hands of consumers. A recent study by Placeholder, a New York-based investment firm, compared cost structure...Read More
The WalletLink feature provides a secure encrypted link connecting the browser to the Coinbase Wallet app and letting users access the DApps from anywhere. Crypto exchange Coinbase has been introducing several products and services to bring convenience and ease-of-use to its customers. The company has recently introduced a new system called WalletLink for the Coinbase...Read More
Ending the 10-year history of naming releases after desserts, the company is bailing on providing a codename beginning with a subsequent letter of the alphabet (in this case, Q), which is the way we’ve been referring to Android up to now. This year is Android 10, next year will be Android 11, and so on....Read More
According to expert predictions, the Bitcoin dominance registered on CoinMarketCap has been tweaked for liquidity. Forecasting that in reality, the dominance could cripple the survival of Altcoins. As the current value of Bitcoin hovers around $10,000, it’s dominance upsurges in correspondence. According to CoinMarketCap’s estimate as at Thursday, 5th August. BTC dominance was sitting around seventy...Read More
Tezoz Foundation is all set to launch Tezos Satoshi’s Treasure Hunt in collaboration with the alternate reality game, Satoshi’s Treasure. According to the official release by the Tezos Foundation, Tezos Satoshi’s Treasure Hunt is a multi-player game in which players would be able to solve puzzles to receive Tez [XTZ] from a prize pool of...Read More
The new iPhones, iPads, MacBook Pro, and Apple Watch are all expected by the end of 2019, the report said, whereas the revised AirPods and HomePod could come later. Successors to the two XS models will carry a “Pro” label but the biggest omission from the entire iPhone 11 range is 5G. New report from...Read More
At present, the crypto space retains bullish sentiments with major coins staying green. Also, Bitcoin price is showing minor gains of 1%, while altcoins demonstrate positive momentum. Tron is leading second among top 20 crypto market with 6% gains. TRON coin price has been on a roll for the past 24 hours. At Press time,...Read More
As per Telegram TON Board channel, the first version of TON, the Telegram blockchain, will be launched on September 1st. According to the platform: “The development of the TON core technology is almost complete, according to sources close to Telegram. The version is expected to be launched by 1 September 2019: it will include a...Read More
Brian Kelly is bearish on the bitcoin price in the short term but believes there is a generational buying opportunity coming in BTC/USD. | Source: CNBC/YouTube By CCN Markets: The bitcoin price might have broken back above the $10,000 level today, but one notable trader isn’t impressed. Speaking on CNBC, crypto investor Brian Kelly, who...Read More
Craig Wright uploaded the Bitcoin white paper to SSRN, an academic journal database, to cement his claim to the title of Satoshi Nakamoto. | Source: YouTube By CCN Markets: Self-proclaimed bitcoin inventor Craig Wright took another step to cement his claim to the title of Satoshi Nakamoto. Today (Aug. 22), Wright uploaded the Bitcoin white...Read More
