The topic of regulation has been kicked around in crypto circles for what seems ages. Some, think it’s essential in order to have a more trustworthy environment where business knows where it stands and governments are more comfortable with a blockchain world they don’t yet fully understand. Others hold that regulation is the antithesis of what was imagined when the first freshly minted bitcoin ventured out into the bright new dawn of decentralisation.
There are many different paths to choose from, to improve cryptocurrency usability. Lately, I’ve been focused on project tokenomics as I have a feeling that better rewards distribution is the way forward. For instance, traditional exchanges do not provide enough rewards to users; a few exceptions are Binance, Coss, or ABCC. I especially like the last one
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With the exception of the SEC’s FinHub announcement, it has been a quiet week for regulatory news — something we’ve been getting a lot of recently as U.S. officials clamp down on unscrupulous coin offerings and crypto companies.
Instead, stablecoins crowded headlines this week, as tether — among others — had difficulties retaining its peg, and top exchanges rolled out support for some of the asset class’ regulatory-compliant newcomers.
All the while, developers remind us that, even in bear markets, the tools of innovation continue to work against the buzz of speculation.
Within hours of a bug that split Ethereum’s testnet being found, the problem was fixed and as was predicted, the glitch was related with the new Ethereum Improvement Proposal (EIP) which adds efficiency gains to calculations with only Parity to apparently be affected.
A Rust developer called, Wei Tang said:
“The bug has been fixed. It affects parity and aleth, which we had the same bug,” with aleth being a C++ eth client. He continued to say, “I fixed the SSTORE refund saturating sub bug and confirmed that it indeed computed the same state root as geth. I guess when Afri wakes up, we’ll try to get a patch release really soon which should fix the current consensus issue on Ropsten.”
The US Marshals Service has announced an upcoming auction for over $ 4 million worth of bitcoin seized during various legal proceedings. The sealed bid auction, which is scheduled to take place in November, will offer approximately 660 BTC seized during about 31 federal criminal, civil and administrative cases under the asset forfeiture framework of the
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Most of the top altcoins are not doing all that great as of right now. Things may improve moving forward, as the IOTA price is slowly carving out some gains over the past few hours. There is still a long way to go to speak of an official uptrend, albeit these early signs appear to be rather promising.
IOTA Price is Moving Up
It is refreshing to see some positive trends forming in the world of cryptocurrencies right now. More specifically, the past week hasn’t seen too much positive momentum, albeit there hasn’t been any real setback either. For IOTA, things have remained at a near status quo for some time now. That is all coming to change, as the value surpassed $ 0.5 again.
When the idea of a working digital currency like bitcoin was introduced, many of its early adopters disliked the current bureaucratic system, with a cartel of bankers pulling the world’s monetary strings. Over time, however, something weird has happened and the idea of permissionless innovation perverted into people literally asking nation states for permission, begging for ETFs, and creating a settlement layer for the ‘new 1%.’
This week’s cryptocurrencies market analysis will concentrate on technological advancements in the blockchain space in quarter 4. The analysis will focus on major technological upgrades occurring in quarter four along with Ambrosus (AMB) being a top contender to produce returns well in excess of 100% in the immediate short term.
3 Cryptocurrencies We Predicted Would Rally
Last Week’s Piece, which highlighted the cryptocurrency GOChain 00, resulted in GO increasing more than 50% in value in the 48 hours that followed. This is similar to TRIG, VIBE, and EVX, which all had rallies in excess of 50-250% following analyzing their short-term developments.
One of the most common (and most valid) criticisms thrown bitcoin’s way over the years has been the issue of price volatility. With price swings of 10 percent or more in a single day, how is anyone supposed to use this digital asset as a real-world currency?
While a number of different theories have been discussed in terms of how bitcoin will eventually become a less volatile form of money, the reality is there is only one real solution to this problem: time.
Bitcoin’s Future Price Has a Wide Range
While the cryptocurrency market has suffered significant losses in 2018, the number of deals related to blockchain and crypto companies has surged 200% over the same period. According to a recent CNBC report that cites data compiled by JMP Securities, there have been 115 deals involving cryptocurrency or blockchain, and the total is on pace to […]
The tether price (USDT) is once again trading near $ 0.98 after failing to crack through the $ 1.00 threshold, prolonging the USD-pegged cryptocurrency’s departure from dollar parity. The USDT token had on Friday briefly surpassed a global average of $ 0.99, its highest mark since plunging below $ 1.00 on Oct. 15. Unable to sustain that recovery, the
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Mike Novogratz, a prominent cryptocurrency investor, and CEO of Galaxy Investment Partners has toned down his optimism, reiterating that he doesn’t expect a price surge in the price of Bitcoin until institutional adoption occurs, which could happen in the first half of next year. Speaking with Bloomberg’s Erik Schatzker on “Bloomberg Markets: The Close,” the
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Chromium’s latest release has included an improvement to the Brave (BAT) payment interface with a 22% improvement on loading times.
Brave Software is the company behind the open source ad blocker, Brave browser. They have revealed a new version of its browser which is 22% faster with a better user interface for Basic Attention Token (BAT) rewards.
According to the reveal, Brave’s desktop browser is now Chromium based which means it’s built from Google’s open source web browser project. Google extensions are therefore supported as well. The version prior to this update was based on a specialised toolkit developed by the Brave team called Muon. This also allows developers to develop their own browsers or similar like applications.
A recent report from ICO Rating has found that only 46% of cryptocurrency exchanges meet the desired security parameters with the remaining 54% considered to have sub-par security measures in place, leaving hundreds of thousands of traders and investors exposed. The sample group of exchanges contains 100 exchanges all of which have a 24-hour volume of
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SALT (SALT), an issuer of cryptocurrency-backed loans, announced this week that it now accepts Dogecoin (DOGE), the cryptocurrency named after the popular meme, as a collateral option. According to the announcement, SALT users can now leverage their DOGE holdings to secure a USD loan. SALT already supports Bitcoin, Ethereum and Litecoin as collateral options on its platform. […]
Beginning on Thursday, crypto markets experienced a massive sell-off which affected most coins and brought down total market capitalization of cryptocurrencies to $ 200 billion, down $ 25 billion in the space of a few hours in what was overall a bearish week for cryptocurrencies as a whole, but ethereum in particular. Behaviour of investors indicates that
Institutional investors, venture capitalists, and other well-heeled entities “in the know” are using a year-long bear market to buy up future technologies for what might turn out to be pennies on the dollar.
It Takes Money to Make Money
Yesterday CNBC reported that most of 2018 has been a “deal frenzy” for cryptocurrency and blockchain-related companies as mergers and acquisitions (M&A) are reported to have increased by 200 percent. Pitchbook had JMP Securities crunch M&A data the results showed that by the end of 2018 there will have been 145 M&A deals.
A committee of tax experts in Japan that is responsible for advising the government on taxation matters has called for the simplification of the country’s cryptocurrency tax filing process. According to officials of the tax panel, the process is currently complicated and a change is required in order to enhance accuracy and compliance. Per a
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North Korean cybercrime hacking group The Lazarus Group is currently the biggest crypto hacking syndicate in the world, having stolen millions worth of cryptocurrencies from online exchanges. Also known as HIDDEN COBRA, which works at the behest of the North Korean government, the Lazarus Group has been responsible for some of the world’s largest cyber attacks including the Sony hack in 2014, the Wannacry ransomware outbreak, military espionage and a number of attacks on South Korean businesses.
A new cryptocurrency mining facility opened in Armenia on Oct. 18. The $ 50 million farm will extract bitcoin and ethereum using 3,000 machines, according to local media reports. Around 120,000 more miners are to be added in the months to come.
Multi Group and Omnia Establish Landmark Armenian Mining Facility
The mining project, spearheaded by Armenian real estate investment company Multi Group Concern and Malta-registered Omnia Tech International Company, was officially launched in the Armenian capital of Yerevan on Thursday. The country’s Prime Minister Nikol Pashinyan, businessmen and entrepreneurs from China, South Korea and the United Arab Emirates attended the ceremony, Arka News Agency reported.