The United States Securities and Exchange Commission (SEC) has postponed its decision on the Direxion Bitcoin exchange-traded fund (ETF) filing until September 2018. The SEC is yet to approve any of the Bitcoin ETF applications it has received despite the sustained clamor from various stakeholders.
https://bitcoinist.com/sec-postpones-decision-on-direxion-investments-bitcoin-etf-filing-until-september-2018/
Topic: ✷ News ✷ Analytics ✷ Analysis ✷ Forecasts (Read 2256 times)
Bank of England to Open New Payment System to Blockchain Users
The Bank of England is executing a complete overhaul of its interbank payment system, and officials have now confirmed that it will open the network to fintech firms that process transactions across a blockchain network. The British central bank on Monday published a report evaluating its recent Proof-of-Concept (PoC) with several firms operating in the distributed ledger technology (DLT) space, a test intended to examine the feasibility of connecting blockchain firms to an updated version of the bank’s Real-Time Gross Settlement (RTGS) service... Read More
Decentralized prediction market Augur is attracting criticism following its launch as potentially illegal markets begin to surface on its platform.
https://bitcoinist.com/augur-assassination-markets-worry/
https://bitcoinist.com/augur-assassination-markets-worry/
Binance, the world’s largest cryptocurrency exchange by trading volume, is purportedly about to enter the South Korean market.
https://bitcoinist.com/binance-plans-enter-south-korea/
https://bitcoinist.com/binance-plans-enter-south-korea/
Bitcoin’s price increase continues Tuesday, July 24, as it managed to climb past $8,000 for the first time in two months. Despite remaining around 60 percent below its all-time high in December, the world’s largest cryptocurrency is on a rally which, according to Brian Kelly, is here to stay.
https://bitcoinist.com/brian-kelly-bitcoin-price-rally-real/
https://bitcoinist.com/brian-kelly-bitcoin-price-rally-real/
Crypto’s most popular wallet service is getting a mobile app for secure login.
One of the most popular services to access the Ethereum myetherwallet blockchain, is developing its own mobile application for iOS and Android, called MEW Connect.
The application will allow users to access their address without having to enter a private key.
https://guce.oath.com/collectConsent?brandType=nonEu&.done=https%3A%2F%2Ftechcrunch.com%2F2018%2F07%2F23%2Fmew-connect-app-secure-login%2F%3Fguccounter%3D1&sessionId=3_cc-session_ea4f3542-aedb-4a90-898a-dec7736f780c&lang=&inline=false
Etherscan rushes to plug vulnerabilities following strange hacking attempts overnight
Etherscan, the most widely used Ethereum blockchain, quickly fixed the vulnerabilities in its security system after hackers successfully manipulated the Disqus API – a third-party service that Ethereum uses to publish comments to Ethereum addresses.
https://thenextweb.com/hardfork/2018/07/24/etherscan-hacking-attempts/
Etherscan, the most widely used Ethereum blockchain, quickly fixed the vulnerabilities in its security system after hackers successfully manipulated the Disqus API – a third-party service that Ethereum uses to publish comments to Ethereum addresses.
https://thenextweb.com/hardfork/2018/07/24/etherscan-hacking-attempts/
Moving to Malta has opened up for us the door to space with the ability of implementing new products.
It is certainly sensational information for our users because thanks to this ability we are happy to announce 7 important introductions in the last two weeks on our exchange, within:
- trading platform - BitBay PRO, offering to customize whole exchange to your preferences and allowing to use professional tools and indicators for in-depth analysis,
- new cryptocurrencies, i.a. Monero, Zcash, Golem and OmiseGo,
- and FIAT Currency Exchange, offering express exchange of EUR, USD and PLN with 0% fee.
Products were introduced for the comfort for our users. We believe those implementations are successive and essential steps in a life of our company. At this moment we plan to listen to users’ feedback to improve BitBay PRO in BETA version.
Enjoy information about implements:
BitBay PRO: https://bitbay.net/pro/en/
FIAT Currency Exchange: https://bitbay.net/en/helpdesk/my-account/how-to-use-the-fiat-exchange
Cryptocurrencies: https://bitbay.net/en/release/golem
https://bitbay.net/en/release/omisego
https://bitbay.net/en/release/monero
https://bitbay.net/en/release/zcash
Thank you all for your support and given trust.
Contact us via:
https://www.facebook.com/BitBay
https://twitter.com/BitBay
https://instagram.com/bitbayofficial/
https://www.linkedin.com/company/bitbay/
BitBay is your best space for cryptocurrency trading!
It is certainly sensational information for our users because thanks to this ability we are happy to announce 7 important introductions in the last two weeks on our exchange, within:
- trading platform - BitBay PRO, offering to customize whole exchange to your preferences and allowing to use professional tools and indicators for in-depth analysis,
- new cryptocurrencies, i.a. Monero, Zcash, Golem and OmiseGo,
- and FIAT Currency Exchange, offering express exchange of EUR, USD and PLN with 0% fee.
Products were introduced for the comfort for our users. We believe those implementations are successive and essential steps in a life of our company. At this moment we plan to listen to users’ feedback to improve BitBay PRO in BETA version.
Enjoy information about implements:
BitBay PRO: https://bitbay.net/pro/en/
FIAT Currency Exchange: https://bitbay.net/en/helpdesk/my-account/how-to-use-the-fiat-exchange
Cryptocurrencies: https://bitbay.net/en/release/golem
https://bitbay.net/en/release/omisego
https://bitbay.net/en/release/monero
https://bitbay.net/en/release/zcash
Thank you all for your support and given trust.
Contact us via:
https://www.facebook.com/BitBay
https://twitter.com/BitBay
https://instagram.com/bitbayofficial/
https://www.linkedin.com/company/bitbay/
BitBay is your best space for cryptocurrency trading!
Indicator Suggests Bitcoin's $8K Rally Is Overstretched
Bitcoin (BTC) market has had a bullish start to the week, but the momentum could wane in the next few days, technical studies indicate.
The leading cryptocurrency rose to a fresh two-month high of $8,130 on Bitfinex today, having witnessed an inverse head-and-shoulders breakout last week.
The 39 percent rally from the seven-month low of $5,755 reached on June 24 has put the bulls back in a commanding position. Hence, further gains could be on the cards, albeit after a brief pause or a price pullback as a key technical indicator is flashing overbought conditions.
At press time, BTC is changing hands at $8,100 on Bitfinex — up 40 percent from the seven-month low of $5,755 reached on June 24.
https://www.coindesk.com/indicator-suggests-bitcoins-8k-rally-is-overstretched/
Bitcoin (BTC) market has had a bullish start to the week, but the momentum could wane in the next few days, technical studies indicate.
The leading cryptocurrency rose to a fresh two-month high of $8,130 on Bitfinex today, having witnessed an inverse head-and-shoulders breakout last week.
The 39 percent rally from the seven-month low of $5,755 reached on June 24 has put the bulls back in a commanding position. Hence, further gains could be on the cards, albeit after a brief pause or a price pullback as a key technical indicator is flashing overbought conditions.
At press time, BTC is changing hands at $8,100 on Bitfinex — up 40 percent from the seven-month low of $5,755 reached on June 24.
https://www.coindesk.com/indicator-suggests-bitcoins-8k-rally-is-overstretched/
Scam or Be Scammed? Ponzi Games Are Breaking Out on Ethereum
The hottest new apps on ethereum resemble an old favorite: the Ponzi scheme. At least that's the early consensus on FOMO 3D and PoWH3D, two of the platform's top three apps entering Tuesday.
According to data website DappRadar, both games have amassed 20,000 ether ($9 million) in trading volume over the last 24 hours, a figure that puts them on par with top decentralized exchanges and that exceeds the highest highs of CryptoKitties, the blockchain's most famous viral decentralized application (dapp) to date.
Perhaps unique to both projects though is how they create an incentive to bring new people in so users can share the spoils as they do so. Both applications also collapse if new users quit joining in a way that's similar to a basic pyramid scheme.
However, these particular games make it much more complicated (and maybe more fun).
"At the core, they seem to be taking the ideas of pay-per-bid auction models that were popular in 2009–2011, except instead of selling 'real' products for the bid price, they sell nothing tangible or of real value," Sid Kalla, of token project consulting firm Turing Advisory Group, told CoinDesk.
In penny auctions, people paid a tiny amount of money to make a bid on a real item. The final winning bidder might get a deal, but the organization running the auction would make many times over the price of the item from the fees collected on the way to that bid.
https://www.coindesk.com/scam-or-be-scammed-ponzi-games-are-breaking-out-on-ethereum/
The hottest new apps on ethereum resemble an old favorite: the Ponzi scheme. At least that's the early consensus on FOMO 3D and PoWH3D, two of the platform's top three apps entering Tuesday.
According to data website DappRadar, both games have amassed 20,000 ether ($9 million) in trading volume over the last 24 hours, a figure that puts them on par with top decentralized exchanges and that exceeds the highest highs of CryptoKitties, the blockchain's most famous viral decentralized application (dapp) to date.
Perhaps unique to both projects though is how they create an incentive to bring new people in so users can share the spoils as they do so. Both applications also collapse if new users quit joining in a way that's similar to a basic pyramid scheme.
However, these particular games make it much more complicated (and maybe more fun).
"At the core, they seem to be taking the ideas of pay-per-bid auction models that were popular in 2009–2011, except instead of selling 'real' products for the bid price, they sell nothing tangible or of real value," Sid Kalla, of token project consulting firm Turing Advisory Group, told CoinDesk.
In penny auctions, people paid a tiny amount of money to make a bid on a real item. The final winning bidder might get a deal, but the organization running the auction would make many times over the price of the item from the fees collected on the way to that bid.
https://www.coindesk.com/scam-or-be-scammed-ponzi-games-are-breaking-out-on-ethereum/
A New Bitcoin Wallet Fulfills an Old Privacy Promise
"From here on out, people can't say bitcoin is not private anymore."
That's how veteran developer Adam Fiscor, now CTO and co-founder of the privacy tech startup Zksnacks, described the importance of the Wasabi Wallet, set to debut on August 1.
This desktop-friendly bitcoin wallet, which can only be used with the anonymizing Tor browser, will be the first (relatively) mainstream light wallet to offer CoinJoin transactions, dispatching lots of transactions at once to obscure their sources.
First proposed by Bitcoin Core legend Gregory Maxwell in 2013, CoinJoin is one of the most prominent attempts to solve one of bitcoin's greatest challenges: while addresses are pseudonymous, all transactions are publicly recorded on the blockchain, undermining user privacy.
While developers have been experimenting for years with improved anonymity models, Wasabi Wallet will finally make using CoinJoin as easy as flipping a switch.
Because these privacy tech projects generally avoid collecting data about their users for obvious reasons, it's hard to determine how many people use privacy-oriented wallets. However, Samourai Wallet's Android app, arguably the bitcoin industry's leading privacy wallet since the project was founded in 2015, has garnered at least 27,000 downloads. https://www.coindesk.com/privacy-bitcoin-wallets/
"From here on out, people can't say bitcoin is not private anymore."
That's how veteran developer Adam Fiscor, now CTO and co-founder of the privacy tech startup Zksnacks, described the importance of the Wasabi Wallet, set to debut on August 1.
This desktop-friendly bitcoin wallet, which can only be used with the anonymizing Tor browser, will be the first (relatively) mainstream light wallet to offer CoinJoin transactions, dispatching lots of transactions at once to obscure their sources.
First proposed by Bitcoin Core legend Gregory Maxwell in 2013, CoinJoin is one of the most prominent attempts to solve one of bitcoin's greatest challenges: while addresses are pseudonymous, all transactions are publicly recorded on the blockchain, undermining user privacy.
While developers have been experimenting for years with improved anonymity models, Wasabi Wallet will finally make using CoinJoin as easy as flipping a switch.
Because these privacy tech projects generally avoid collecting data about their users for obvious reasons, it's hard to determine how many people use privacy-oriented wallets. However, Samourai Wallet's Android app, arguably the bitcoin industry's leading privacy wallet since the project was founded in 2015, has garnered at least 27,000 downloads. https://www.coindesk.com/privacy-bitcoin-wallets/
A marketplace on a blockchain for the photo industry plans to expand into other means of digital content. The new platform Wemark leverages smart contracts, allowing photographers to license their content to customers directly, not giving up the rights to the middlemen and keeping an essential share of the revenue.
https://bitcoinist.com/blockchain-platform-for-direct-digital-content-trade-released/
https://bitcoinist.com/blockchain-platform-for-direct-digital-content-trade-released/
Evolve Markets has announced the addition of Zcash to its platform – which allows users to trade Bitcoin, emerging altcoins, and other currencies on the Metatrader 5 platform.
https://bitcoinist.com/zcash-trading-now-supported-by-evolve-markets/
https://bitcoinist.com/zcash-trading-now-supported-by-evolve-markets/
It’s customary for cryptocurrencies to enjoy a substantial increase in their price after managing to secure a listing on Binance – the world’s largest cryptocurrency exchange. Today, Binance announced the listing of Holo (HOT) while Upbit listed the Basic Attention Token (BAT). Unsurprisingly, pumps followed in both cases.
https://bitcoinist.com/holo-hot-basic-attention-token-bat-prices-pump-following-exchange-listings/
https://bitcoinist.com/holo-hot-basic-attention-token-bat-prices-pump-following-exchange-listings/
G20: Cryptocurrencies doesn't Threaten the World Financial System
At a meeting of finance ministers and heads of central banks, which was held in Buenos Aires as part of the G20 meeting, it was determined that digital currencies don't pose any threat to the global financial system. At the same time, the G20 believes that the situation must be controlled.
You can find more here: https://uniton.io/en/news/G20-Cryptocurrencies-doesnt-Threaten-the-World-Financial-System
At a meeting of finance ministers and heads of central banks, which was held in Buenos Aires as part of the G20 meeting, it was determined that digital currencies don't pose any threat to the global financial system. At the same time, the G20 believes that the situation must be controlled.
You can find more here: https://uniton.io/en/news/G20-Cryptocurrencies-doesnt-Threaten-the-World-Financial-System
Encrypted email provider ProtonMail appears to be eyeing the possibility of raising funds via an initial coin offering, according to a current job offer.
https://bitcoinist.com/protonmail-ico-proton-shares/
https://bitcoinist.com/protonmail-ico-proton-shares/
Chinese City Starts a $1.5 Billion Fund to Promote Public Blockchain Projects
Nanjing, Jiangsu’s capital, is committed to investing in public blockchain projects and overall token economy. The capital of this Chinese province put together a 10 billion yuan ($1.5 billion) fund in a blockchain investment fund.
A Beijing-based alliance, Zhongguancun Blockchain Industry Alliance, is teaming up with Nanjing City to launch this blockchain investment fund of $1.5 billion. The alliance, formed by government research institutes and blockchain companies, revealed the bold initiative at the first Industrial Public Chain Summit (IPCS). Among the high-level government official attendees, there was the Deputy Secretary of the Communist Party of China, Luo Qun.
https://www.ccn.com/chinese-city-starts-a-1-5-billion-fund-to-promote-public-blockchain-projects/
Nanjing, Jiangsu’s capital, is committed to investing in public blockchain projects and overall token economy. The capital of this Chinese province put together a 10 billion yuan ($1.5 billion) fund in a blockchain investment fund.
A Beijing-based alliance, Zhongguancun Blockchain Industry Alliance, is teaming up with Nanjing City to launch this blockchain investment fund of $1.5 billion. The alliance, formed by government research institutes and blockchain companies, revealed the bold initiative at the first Industrial Public Chain Summit (IPCS). Among the high-level government official attendees, there was the Deputy Secretary of the Communist Party of China, Luo Qun.
https://www.ccn.com/chinese-city-starts-a-1-5-billion-fund-to-promote-public-blockchain-projects/
Cryptocurrency Fraud Now Second Most Common Investment Scam in Australia: Watchdog
Australia’s national consumer watchdog has warned that cryptocurrency trading scams have grown ‘significantly’ over a 12-month period and are now the second most-common kind of investment scam in the country.
An independent government authority tasked with the mandate of enforcing consumer protection laws with oversight into scam-related trends in Australia, the Australian Competition and Consumer Commission (ACCC)has a scam-alert domain dubbed ‘Scamwatch’.
In a warning on the ongoing alert radar on Monday, the watchdog raised public caution in bringing attention toward increasingly ‘prevalent’ cryptocurrency trading and binary option scams. Cryptocurrency trading scams, in particular, have seen marked growth in the last twelve months and have become the ‘second most common type of investment scam offer pushed on victims,’ the ACCC said.
https://www.ccn.com/cryptocurrency-fraud-now-second-most-common-investment-scam-in-australia/
Australia’s national consumer watchdog has warned that cryptocurrency trading scams have grown ‘significantly’ over a 12-month period and are now the second most-common kind of investment scam in the country.
An independent government authority tasked with the mandate of enforcing consumer protection laws with oversight into scam-related trends in Australia, the Australian Competition and Consumer Commission (ACCC)has a scam-alert domain dubbed ‘Scamwatch’.
In a warning on the ongoing alert radar on Monday, the watchdog raised public caution in bringing attention toward increasingly ‘prevalent’ cryptocurrency trading and binary option scams. Cryptocurrency trading scams, in particular, have seen marked growth in the last twelve months and have become the ‘second most common type of investment scam offer pushed on victims,’ the ACCC said.
https://www.ccn.com/cryptocurrency-fraud-now-second-most-common-investment-scam-in-australia/
Over the past year, we’ve seen the rise in popularity of ICOs as a fundraising tool in the cryptocurrency space. In order to stand out from the crowd, some ICOs have enlisted the help of celebrities in an attempt to boost their credibility. Here’s a quick look of some of the more notable celebrity endorsed projects.
https://bitcoinist.com/celebrity-endorsed-ico-projects-where-are-they-now/
https://bitcoinist.com/celebrity-endorsed-ico-projects-where-are-they-now/
HashFlare, a cryptocurrency cloud mining services, has shut down its Bitcoin mining service. The platform also terminated all related BTC mining contracts citing lack of profitability in operation. The price of the Bitcoin, the top-ranked cryptocurrency has struggled throughout 2018, declining by more than 60 percent since the start of the year.
https://bitcoinist.com/hashflare-shuts-down-bitcoin-mining-services-users-struggle-to-withdraw-funds/
https://bitcoinist.com/hashflare-shuts-down-bitcoin-mining-services-users-struggle-to-withdraw-funds/
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