Dependent Independence, and What Is the Crypto Economy?
The rates of Bitcoin and many other cryptocurrencies, even relatively stable coins, such as Ripple, have fallen by seven percent or more after the overall recovery and uptrend of last week. In the meantime, no less interesting events are taking place in the classical economy and fiat exchanges as the financial systems of many countries are reacting to external political actions. Because of American sanctions in connection with the Skripal case and the growing Turkish crisis, the Russian ruble began to fall as of August 8, the dollar rate exceeded 68 rubles for the first time in two years, and the Central Bank of Turkey, in turn, introduced extreme measures to save the national currency, the lira, and will spend $11 billion on the endeavor. At first glance, a similar downward trend may manifest a direct link between the digital and the classical economy. But are the two systems that are developing according to their own scenarios at different rates so similar and subject to the same moods?
Learn More! >
The rates of Bitcoin and many other cryptocurrencies, even relatively stable coins, such as Ripple, have fallen by seven percent or more after the overall recovery and uptrend of last week. In the meantime, no less interesting events are taking place in the classical economy and fiat exchanges as the financial systems of many countries are reacting to external political actions. Because of American sanctions in connection with the Skripal case and the growing Turkish crisis, the Russian ruble began to fall as of August 8, the dollar rate exceeded 68 rubles for the first time in two years, and the Central Bank of Turkey, in turn, introduced extreme measures to save the national currency, the lira, and will spend $11 billion on the endeavor. At first glance, a similar downward trend may manifest a direct link between the digital and the classical economy. But are the two systems that are developing according to their own scenarios at different rates so similar and subject to the same moods?
Learn More! >
decenter.org
Dependent Independence, and What Is the Crypto Economy?
Is the crypto economy a mirror image of classical economics in the digital world?
Will Tron Become the "Chinese Answer" to the Dominance of Ethereum?
Everyone started speaking seriously about the TRON startup after its successful ICO in September 2017, when it managed to raise $70 million in just a few days. Today, the project's token, the TRX, is traded on almost all major exchanges and is reaching for the top ten in terms of capitalization, and TRON founder Justin Sun does not stop calling his project a soon-to-be substitute for Ethereum.
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Everyone started speaking seriously about the TRON startup after its successful ICO in September 2017, when it managed to raise $70 million in just a few days. Today, the project's token, the TRX, is traded on almost all major exchanges and is reaching for the top ten in terms of capitalization, and TRON founder Justin Sun does not stop calling his project a soon-to-be substitute for Ethereum.
Read More >
decenter.org
Will Tron Become the "Chinese Answer" to the Dominance of Ethereum?
TRON has ambitious goals of supplanting Ethereum, but serious allegations are hampering its ambitions.
📨 #DeCenterDaily
📊 A Bitcoin (BTC)-based exchange-traded note (ETN) listed on the Nasdaq Stockholm exchange is now being targeted toward U.S. investors.
via Bloomberg
🇱🇮 Binance LCX has announced the launch of a fiat-to-crypto exchange.
via Cointelegraph
🇨🇳 There has been a growing number of crypto-related legal disputes in China lately.
via Bitcoin.com
🇬🇧 According to a new study, approximately 30 percent of businesses in the U.K. fell victim to cryptojacking attacks in July alone.
via ccn
📉 Nvidia has reported a substantial decline in the sale of cryptocurrency GPUs.
via CoinDesk
📊 A Bitcoin (BTC)-based exchange-traded note (ETN) listed on the Nasdaq Stockholm exchange is now being targeted toward U.S. investors.
via Bloomberg
🇱🇮 Binance LCX has announced the launch of a fiat-to-crypto exchange.
via Cointelegraph
🇨🇳 There has been a growing number of crypto-related legal disputes in China lately.
via Bitcoin.com
🇬🇧 According to a new study, approximately 30 percent of businesses in the U.K. fell victim to cryptojacking attacks in July alone.
via ccn
📉 Nvidia has reported a substantial decline in the sale of cryptocurrency GPUs.
via CoinDesk
Vitalik Buterin speaks on the state of Ethereum, the future of blockchain, and Google trying to hire him.
Recently, I am spending a lot of time working on the proof-of-stake and sharding protocols. This is what the Ethereum research community is focusing on more than anything else at this point. We think that proof-of-stake and scaling are both really important and there has been a lot of progress on improving the algorithms and the development of multiple limitations over the last couple of months.
Read More >
Recently, I am spending a lot of time working on the proof-of-stake and sharding protocols. This is what the Ethereum research community is focusing on more than anything else at this point. We think that proof-of-stake and scaling are both really important and there has been a lot of progress on improving the algorithms and the development of multiple limitations over the last couple of months.
Read More >
Silicon Valley-based cryptocurrency trading platform Sfox has raised $23 million in new investment, led by venture firms Tribe Capital and Social Capital, to help investors make large trades by routing their orders to multiple places, enabling faster execution and better prices.
Read More >
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Business Insider
SFOX Raises $22.7 Million for Its Institutional Crypto Asset Management Platform
PALO ALTO, Calif., Aug. 16, 2018 /PRNewswire/ -- SFOX, a cryptocurrency prime dealer for high-volume traders and institutional investors, announced today th...
How Much Can You Earn with the Lightning Network?
One of the developers of Lightning Alex Bosworth is considered to be the sender of the first real transaction on the Lightning main network. On December 27, shortly after the successful testing of the protocol, he reported on topping up his mobile balance with the help of a Lightning payment through the Bitrefill service. And on January 20, a reddit user described the "first physical purchase" via Lightning, as he purchased a VPN router from the TorGuard provider, which had earlier announced the support of Lightning payments. In February, the most famous pizza buyer Laszlo Heinitz joined the ranks of the first users. In 2010 he paid 10,000 BTC for a pizza, and this year he bought two pizzas via the Lightning Network.
Learn More Now! >
One of the developers of Lightning Alex Bosworth is considered to be the sender of the first real transaction on the Lightning main network. On December 27, shortly after the successful testing of the protocol, he reported on topping up his mobile balance with the help of a Lightning payment through the Bitrefill service. And on January 20, a reddit user described the "first physical purchase" via Lightning, as he purchased a VPN router from the TorGuard provider, which had earlier announced the support of Lightning payments. In February, the most famous pizza buyer Laszlo Heinitz joined the ranks of the first users. In 2010 he paid 10,000 BTC for a pizza, and this year he bought two pizzas via the Lightning Network.
Learn More Now! >
decenter.org
How Much Can You Earn with the Lightning Network?
The Lightning Network offers some earning opportunities, but are they worth it?
What Affects the Cost of Bitcoin?
The capitalization of the cryptocurrencies market fell to $190 billion this week. Bitcoin and almost all altcoins have fallen in price, but the cryptocurrency with the nine-year history decreased more slowly, as a result of which its market dominance increased to the next high of the year at 54 percent. Compared with the record value of $20,052, reached on December 17 last year, Bitcoin found itself at $6,000, losing about 70 percent of its price from the peak. As Tom Lee, the head of Fundstrat Global Advisors, said on August 12, his organization tracks the movement dynamics of 50 cryptocurrencies, and "they are moving in the same direction." He admitted that Fundstrat had just started "dividing the market into sectors."
Learn More Now! >
The capitalization of the cryptocurrencies market fell to $190 billion this week. Bitcoin and almost all altcoins have fallen in price, but the cryptocurrency with the nine-year history decreased more slowly, as a result of which its market dominance increased to the next high of the year at 54 percent. Compared with the record value of $20,052, reached on December 17 last year, Bitcoin found itself at $6,000, losing about 70 percent of its price from the peak. As Tom Lee, the head of Fundstrat Global Advisors, said on August 12, his organization tracks the movement dynamics of 50 cryptocurrencies, and "they are moving in the same direction." He admitted that Fundstrat had just started "dividing the market into sectors."
Learn More Now! >
decenter.org
What Affects the Cost of Bitcoin?
The price dynamics of Bitcoin may seem erratic, but they are quite predictable.
📨 #DeCenterDaily
🇨🇳 Chinese police have arrested three suspects allegedly involved in a massive cryptocurrency theft.
via CoinDesk
🇮🇳 Former head of India’s branch of Bitconnect has been arrested.
via Bitcoin.com
❌ SoftBank official has said the company is not involved in the investment deal with Bitmain.
via Cointelegraph
🏃🏻♂️ Cumulative downloads of Square’s Cash app have surpassed those of Paypal’s Venmo.
via ccn
🔞 Tube8, an adult entertainment platform, will use blockchain to reward their visitors with cryptocurrency for certain interactions with the platform.
via TNW
🇨🇳 Chinese police have arrested three suspects allegedly involved in a massive cryptocurrency theft.
via CoinDesk
🇮🇳 Former head of India’s branch of Bitconnect has been arrested.
via Bitcoin.com
❌ SoftBank official has said the company is not involved in the investment deal with Bitmain.
via Cointelegraph
🏃🏻♂️ Cumulative downloads of Square’s Cash app have surpassed those of Paypal’s Venmo.
via ccn
🔞 Tube8, an adult entertainment platform, will use blockchain to reward their visitors with cryptocurrency for certain interactions with the platform.
via TNW
“As the crypto-asset class seasons and institutional demand builds, there are a plethora of opportunities for traditional firms.”
via Bloomberg
via Bloomberg
Playboy is suing a cryptocurrency technology company on allegations of fraud and breach of contract, claiming that the latter failed to integrate the blockchain technology into Playboy’s online media channels.
Read More >
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Cointelegraph
Playboy Lawsuit: How Blockchain Developer Failed The Vice Industry Token
Regardless of the court’s decision, VIT network creation could still become an important precedent, if it is to happen.
Cryptocurrency exchanges Gemini, Bitstamp, BitFlyer, and Bittrex have formed the Virtual Commodity Association. The organization will aim to eliminate fraud and manipulation in cryptocurrency markets.
Read More >
Read More >
Bloomberg.com
The Biggest Digital Exchanges Are Teaming Up To Police the Crypto Space
Several of the world’s largest digital exchanges joined an effort to root out bad behavior in the $214 billion cryptocurrency industry.
The Crypto Market in a Bubble: Which Altcoins Are Not Meant to Survive the "Ice Age?"
Not the best of times have befallen the market of altcoins as the rate of even such resilient digital assets as Ether, ZCash, and Monero has crept downward. Meanwhile, Bitcoin has been less affected in recent weeks by the overall market decline, as the world's first cryptocurrency has maintained its position and has not fallen below $5,800. At the end of July, Bitcoin rose to $8,450. Such a striking difference from its colleagues could not but cause discussion in the crypto community. Thus, despite the negative forecasts, Bitcoin coped with a sharp decline in the cryptocurrency market. Questions about whether the fate of the dinosaurs, which suffered a quick and imminent death, is in store for the altcoins, or whether the reasoning about the impending disappearance of most of the coins is nothing more than unjustified speculation will all be discussed in the following article.
Learn More >
Not the best of times have befallen the market of altcoins as the rate of even such resilient digital assets as Ether, ZCash, and Monero has crept downward. Meanwhile, Bitcoin has been less affected in recent weeks by the overall market decline, as the world's first cryptocurrency has maintained its position and has not fallen below $5,800. At the end of July, Bitcoin rose to $8,450. Such a striking difference from its colleagues could not but cause discussion in the crypto community. Thus, despite the negative forecasts, Bitcoin coped with a sharp decline in the cryptocurrency market. Questions about whether the fate of the dinosaurs, which suffered a quick and imminent death, is in store for the altcoins, or whether the reasoning about the impending disappearance of most of the coins is nothing more than unjustified speculation will all be discussed in the following article.
Learn More >
decenter.org
The Crypto Market in a Bubble: Which Altcoins Are Not Meant to Survive the "Ice Age?"
The crypto market may be in a bubble, meaning that most altcoins will face extinction with no resurrection in sight.
China: Despite the Ban on Digital Currencies, Development of DLT Has Been Chosen
Everyone knows the rumors regarding the sharply-negative attitude of the Chinese government toward digital assets and the release of tokens. Leading miners and crypto instruments have left the country, picking more friendly jurisdictions. The general public, however, does not lose hope to join the world of innovations, at least through the technology of the distributed registry, which is not banned in China but has even received the full approval from the ruling party.
Read More >
Everyone knows the rumors regarding the sharply-negative attitude of the Chinese government toward digital assets and the release of tokens. Leading miners and crypto instruments have left the country, picking more friendly jurisdictions. The general public, however, does not lose hope to join the world of innovations, at least through the technology of the distributed registry, which is not banned in China but has even received the full approval from the ruling party.
Read More >
decenter.org
China: Despite the Ban on Digital Currencies, Development of DLT Has Been Chosen
China is trudging through the bureaucracy to reach the path of blockchain development.
📨 #DeCenterDaily
🇻🇪 The new bolivar’s value will be linked to a cryptocurrency.
via Bloomberg
🇨🇳 Zheshang Bank has issued securities worth $66 million, using its proprietary blockchain platform.
via CoinDesk
📊 China’s Center for Information Industry Development (CCID) officially released its fourth crypto project ranking.
via Bitcoin.com
🇺🇸 The U.S. Customs and Border Protection (CBP) plans to use the blockchain technology to verify the North American Free Trade Agreement (NAFTA) and Central American Free Trade Agreement (CAFTA) certificates.
via ccn
🗣 BlockShow Americas 2018 has opened its doors.
via Cointelegraph
🇻🇪 The new bolivar’s value will be linked to a cryptocurrency.
via Bloomberg
🇨🇳 Zheshang Bank has issued securities worth $66 million, using its proprietary blockchain platform.
via CoinDesk
📊 China’s Center for Information Industry Development (CCID) officially released its fourth crypto project ranking.
via Bitcoin.com
🇺🇸 The U.S. Customs and Border Protection (CBP) plans to use the blockchain technology to verify the North American Free Trade Agreement (NAFTA) and Central American Free Trade Agreement (CAFTA) certificates.
via ccn
🗣 BlockShow Americas 2018 has opened its doors.
via Cointelegraph
The HODL crowd is getting rekt—at least according to Google.
Source >
Source >
Tencent has also denied its participation in the Bitcoin mining giant Bitmain’s latest funding round.
Source >
Source >
Aastocks
AASTOCKS Financial News - Popular News
Provide HK Stocks News and Financial News, including Stocks’ company news, announcement, result, world economic data, world markets news, china’s policy, forex and fund news, warrant and CBBC news
MetLife has started piloting diabetes insurance payments on a blockchain in Singapore. The project will aim to assist pregnant women diagnosed with gestational diabetes.
Read More >
Read More >
Cointelegraph
MetLife Subsidiary LumenLab Pilots Blockchain Insurance System for Diabetes
Singapore-based digital innovation center Lumenlab is testing a blockchain-enabled parametric, automated insurance product for diabetes sufferers.
Why Ethereum Fell below $300 and What Vitalik Buterin Has to Say about It
August 13, 2018, became one of the most unfavorable days in the last nine months for Ether (ETH), the second cryptocurrency in the world in terms of market capitalization, because the coin’s rate dropped to $260. Two days later, the co-founder of Ethereum Vitalik Buterin did not react to the drop in the value of the cryptocurrency and talked about his current developments and upcoming plans at a private event in San Francisco.
Continue Reading >
August 13, 2018, became one of the most unfavorable days in the last nine months for Ether (ETH), the second cryptocurrency in the world in terms of market capitalization, because the coin’s rate dropped to $260. Two days later, the co-founder of Ethereum Vitalik Buterin did not react to the drop in the value of the cryptocurrency and talked about his current developments and upcoming plans at a private event in San Francisco.
Continue Reading >
decenter.org
Why Ethereum Fell below $300 and What Vitalik Buterin Has to Say about It
The rate of Ether is beating new lows, and the founder of the network has something to say about it.
📨 #DeCenterDaily
🇦🇺 People in Australia will soon be able to pay their bills in cryptocurrency.
via Bitcoin.com
🇨🇳 WeChat has reportedly blocked a number of crypto- and blockchain-related accounts.
via CoinDesk
📈 The Bitcoin price has increased by more than 5 percent within a short period of time due to the temporary downtime of cryptocurrency exchange BitMEX.
via Cointelegraph
🗣 In an interview with NullTx, Apple co-founder Steve Wozniak discussed his involvement in a new crypto startup company and his interest in the blockchain technology.
via NullTx
💸 Non-profit organization Coin Center has called for legislation that will provide Bitcoin investors with a safe harbor on federal taxes incurred as the result of hard forks.
via ccn
🇦🇺 People in Australia will soon be able to pay their bills in cryptocurrency.
via Bitcoin.com
🇨🇳 WeChat has reportedly blocked a number of crypto- and blockchain-related accounts.
via CoinDesk
📈 The Bitcoin price has increased by more than 5 percent within a short period of time due to the temporary downtime of cryptocurrency exchange BitMEX.
via Cointelegraph
🗣 In an interview with NullTx, Apple co-founder Steve Wozniak discussed his involvement in a new crypto startup company and his interest in the blockchain technology.
via NullTx
💸 Non-profit organization Coin Center has called for legislation that will provide Bitcoin investors with a safe harbor on federal taxes incurred as the result of hard forks.
via ccn