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Binance Showcase Decentralized Exchange Progress in Latest Video

December 6, 2018 By Mark Lyford Leave a Comment

Binance just offered its users an in-depth sneak peek of its forthcoming decentralized exchange (DEX). Announced in March of 2018, the decentralized exchange will be built on Binance’s own Binance chain, the soon-to-be base layer for BNB, Binance’s trading currency that is currently an ERC-20 token.

A December 4, 2018, YouTube video posted by Binance’s official channel showcases the work the Binance DEX has undertaken on the project since its last update.

Displaying the exchange in a testnet view, a representative from the Binance DEX team gives viewers a rundown of its main features: its web wallet, reading interface and built-in block explorer. The DEX, he reveals, will be available for users to trial “on a testnet soon.” Read more...

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One Week Later: The Latest Developments in the Bitcoin Cash Split

November 24, 2018 By Mark Lyford Leave a Comment

Bitcoin Cash, the “big block” project that forked away from the Bitcoin blockchain in August 2017, “hard forked” (split) into two different coins last week: “Bitcoin Cash ABC” (BCHABC) and “Bitcoin Cash SV” (BCHSV).

One week later, the Bitcoin Cash ABC chain has accumulated more proof of work and has been “ahead” of the Bitcoin Cash SV chain practically since the split. Its native currency, BCHABC, is also trading higher on exchanges. Most Bitcoin Cash ABC proponents, therefore, feel victorious — but not all Bitcoin Cash SV proponents consider the battle to be over just yet. Read more...

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Op Ed: SEC’s Latest Declaration Creates Legal Minefield for Digital Assets

November 21, 2018 By Mark Lyford Leave a Comment

On November 16, 2018, the U.S. Securities and Exchange Commission (SEC) issued a public statement clarifying its intent to regulate activities involving the issuance and trading of digital assets. The SEC’s Statement on Digital Asset Securities Issuance and Trading pronounces that three categories of financial services that utilize blockchain or other distributed ledger technologies (DLTs) are within the purview of the SEC and require registration with the SEC unless exempt. This broad, authoritative declaration is not unexpected, as, to date, the SEC has stated that all digital assets — regardless of whether they function as alt coins or utility tokens — are securities at least initially and, thus, subject to its jurisdiction. Read more...

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One Day After the Bitcoin Cash Hard Fork: Takeaways and Latest Developments

November 17, 2018 By Mark Lyford Leave a Comment

Bitcoin Cash, the “big block” project that forked away from the Bitcoin blockchain in August 2017, “hard forked” (split) into two different coins: “Bitcoin Cash ABC” (BCH ABC) and “Bitcoin Cash SV” (BCH SV).

At the time of writing, the Bitcoin Cash ABC chain has more accumulated proof of work, and its native currency, BCH ABC, is trading higher on (futures) exchanges. Most Bitcoin Cash ABC proponents, therefore, feel victorious — though many Bitcoin Cash SV proponents have not yet conceded defeat.

Well over a day since the split, here are the main takeaways and latest developments. Read more...

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Binance the Latest Exchange to List Goldman Sachs-Backed USDC Stablecoin

November 16, 2018 By Mark Lyford Leave a Comment

Leading cryptocurrency firm Binance has become the latest exchange to list the USDC stablecoin. In a statement, the cryptocurrency exchange indicated that trading of the USDC and bitcoin (USDC/BTC) pair, as well as the Binance token and the USDC (USDC/BNB) pair, will commence on November 17. Depositing the stablecoin which is pegged on a one-to-one

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Latest Release of Badger Wallet Supports SLP and Wormhole Tokens

November 8, 2018 By Mark Lyford Leave a Comment

On Wednesday, Nov. 7, the developers of the Badger Wallet announced the team had released Badger version 0.0.7, the first bitcoin cash wallet that supports sending and receiving both Wormhole and Simple Ledger Protocol tokens. Additionally, the wallet’s latest release includes a decentralized application programming interface (API), alongside Cash-ID authentication abilities.

Also read: Huobi Opens Office in Russia, Plans Startup Accelerator and Mining Hotels Read more...

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Bitcoin Falls to 19th[!] in China’s Latest Blockchain Rankings

November 4, 2018 By Mark Lyford Leave a Comment

A latest blockchain ranking report has put Bitcoin behind the new blockchain projects like EOS and Ethereum. The 6th Global Public Blockchain Technology Assessment Index, published by the China Electronic Information Industry Development (CCID), a government organization, listed bitcoin at the 19th position according to technological merits. At the same time, blockchain projects that surfaced

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Have You Seen The Latest Bittrex Announcement?

October 30, 2018 By Mark Lyford Leave a Comment

For customers of Bittrex, the launch of their new project Bittrex International will change a few things so it’s important to know what is staying the same and what will be different in the coming weeks.

Their new digital trading platform will feature a smoother approval for token process and provide you with more trading options for qualified international customers. This means if you’re an international customer then here are main things to look out for:

Things that are changing Read more...

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Have You Seen the Latest dApp To Go Live On VeChain?

October 22, 2018 By Mark Lyford Leave a Comment

Listen Here – https://soundcloud.com/cryptodaily/have-you-seen-the-latest-dapp-to-go-live-on-vechain

This week we are met with an exciting new announcement from the VeChain project, the launch and roll out of the latest VeChain decentralised application, giving VET the chance to pave it’s own way into entering the market that is currently dominated by Ethereum and EOS. This announcement is important as DBET, or Decent.bet, the dApp that has moved to the VeChain blockchain was initially an Ethereum project. Could this be the start of of a mass Ethereum exodus, onto the VeChain blockchain? Read more...

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TRX Won’t Slow Down, Check Out TRON’s Latest Announcements

October 11, 2018 By Mark Lyford Leave a Comment

Listen Here – https://soundcloud.com/cryptodaily/trx-wont-slow-down-check-out-trons-latest-announcements

TRON and the TRON Foundation have made very exciting progress through the start of October and continue to impress the crypto community. Granted, the value of TRX is still stagnant, however this doesn’t have any reflection on the progress of the TRON Foundation. Just because TRX is down low, it doesn’t mean the TRON team aren’t working hard in the background. TRX is down as a result of the bear market and the organic nature of this regressive market. When the markets turn round, we can hope that TRX will be one of the first cryptos to fly high. As it stands though, we can’t even begin to guess when this may happen. Read more...

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Facebook Latest Hack Confirms An International Need For Blockchain Technology

October 3, 2018 By Mark Lyford Leave a Comment

The latest news out of Facebook this week is that the social network has been subject to yet another mass data hack, one that calls into question once again the integrity of users data on Facebook. These sorts of hacks are becoming more and more common within social networks and mark very bad news for the likes of Mark Zuckerberg who are trying to make their platforms a safer place.

The reality of it all is this – current technology is not strong enough to hold off hacks and attackers, the tech industry now demands a new alternative, an alternative that can be found in blockchain technology. Read more...

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Top 5 Banks Joining Ripple’s Latest Blockchain-based Payments Competitor

September 30, 2018 By Mark Lyford Leave a Comment

Banks and other financial service providers pay increasing attention to blockchain technology. JPMorgan is effectively taking on Ripple in terms of building a DLT-based global payments network. Their Interbank Information network has received the backing of these five prominent banks, among other entities. A promising sign for what the future may hold.

#5 ANZ

As one of the founders of the Interbank information network, ANZ plays a key role in the process of incorporating blockchain technology. Although it remains to be seen if this bank will ever use DLT for a commercial product, one cannot deny the opportunities which loom on the horizon. ANZ has an ongoing partnership with IBM to build a blockchain infrastructure as well. Exploring different options will yield the best results in this growing industry. Read more...

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Ripple’s Latest Announcement Puts The Good In Crypto

September 29, 2018 By Mark Lyford Leave a Comment

Okay, we understand that cryptocurrency does not contain the word ‘Good’ however, it goes without saying that Ripple’s latest announcement is one that certainly does put the ‘good’ in crypto.

Ripple for Good is the latest announcement from the Ripple team. Ripple for Good aims to focus on funding new projects within education and financial inclusion. Ripple for Good came as a result of around $ 80 million in funding donations, with an additional $ 25 million coming from Ripple directly.

Continue reading Ripple’s Latest Announcement Puts The Good In Crypto at Crypto Daily™. Read more...

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Exchange Tokens Outperform During the Latest Crypto Rally

September 23, 2018 By Mark Lyford Leave a Comment

The latest crypto market rally has seen multiple digital asset categories surge in price, but none as much as the tokens associated with popular cryptocurrency exchanges and protocols. While the AltDex 100 Index (ALT100), a benchmark index for large-cap cryptocurrencies and tokens, is currently up 12.1% on the week, the AltDex Exchange Token Index (ALTEXC), a benchmark index for the […]
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Here’s What Happened To TRON TRX – Crypto’s Latest Superstar

September 21, 2018 By Mark Lyford Leave a Comment

TRON, the project owned and managed by Justin Sun, backed by the TRX cryptocurrency, and led by a community managed by the TRON Foundation. 2018 has been a very important year for one of cryptocurrencies newest additions. Though young, the TRON project has grown from strength to strength, reaching new heights and pleasing investors in the process.

2018 has seen some landmark achievements, from reaching Coinmarketcap’s top ten to the full launch and roll out of the TRON mainnet, things did look super promising for this project. Read more...

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Ripple, Stellar Gain Huge In Latest 15% Market Rally

September 21, 2018 By Mark Lyford Leave a Comment

FOMO fever (fear of missing out) is once again spreading among investors after a bearish month for cryptocurrencies has turned into a price surge. Ripple (XRP) has seen the biggest gains among top 50 coins rising 42% to $ 0.46 over the past 24 hours while Stellar (XLM) came in second at 20% to $ 0.24 in early Friday trading.

Other notable increases were seen from Cardano (ADA) at 18% to $ 0.08 and Qtum (QTUM) at 17% to $ 3.94.

Continue reading Ripple, Stellar Gain Huge In Latest 15% Market Rally at Crypto Daily™. Read more...

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Latest TTC Protocol Development Progress

September 19, 2018 By Mark Lyford Leave a Comment

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned … Continued

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Medici Ventures’ Latest Blockchain Investment Bridges Fiat With Crypto

September 14, 2018 By Mark Lyford Leave a Comment

Medici Ventures, Overstock’s blockchain technology company, has invested an undisclosed sum in a Utah based company called Bitsy that specializes in bridging cryptocurrencies with fiat. The investment marks one of several that Medici Ventures has made in recent years as its parent company, under the leadership of CEO Patrick Byrne, continues to tout blockchain technology’s

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Venezuelans Queue Up at Gas Stations as Maduro’s Latest Fintech Plan Falters

September 11, 2018 By Mark Lyford Leave a Comment

As Venezuelan President Nicolas Maduro starts rolling out major monetary changes, citizens have hit a snag with the new point-of-sale systems at gas pumps, according to a report from Reuters. Long lines gathered at gas stations where drivers were unable to use the payment systems to purchase gas, adding to the list of infrastructure problems caused

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Citigroup is the Latest Bank to Offer Crypto Custody: Here’s How it Will Affect the Market

September 10, 2018 By Mark Lyford Leave a Comment

According to Business Insider’s Frank Chaparro, sources close to Citibank revealed that the $ 175 billion New York-based bank will offer crypto custody solutions to institutional investors. Through the launch of a product called Digital Asset Receipt (DAR), Citigroup will enable institutional investors to invest in cryptocurrencies in a fully insured and regulated manner. Similar to … Continued

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