Topic: ✷ News ✷ Analytics ✷ Analysis ✷ Forecasts - page 29. (Read 2256 times)
President Xi Jinping for the first time in a positive way publicly spoke about the technology of the distributed registry, recognizing its breakthrough potential, reports CoinDesk.
On May 29, Ethereum Classic hosted a hardcore, designed to remove the so-called "complexity bomb".
This fork was an update of the network and did not provide for the separation of the detachment. As a result of the upgrade, the "complexity bomb" was successfully eliminated.
This fork was an update of the network and did not provide for the separation of the detachment. As a result of the upgrade, the "complexity bomb" was successfully eliminated.
Germans show appetite for crypto investments
A survey conducted in February-March 2018 by Postbank, a German bank, indicates that at least one in three Germans are interested in investing in cryptocurrency.
Read more: https://medium.com/@lendoplatformltd/germans-show-appetite-for-crypto-investments-b54ed386d23f
South Korea May Soon Legalize ICOS.
http://bitcoinist.com/south-korea-may-soon-legalize-icos/
Stablecoin analysis: panacea to crypto volatility or disaster waiting to happen.
http://bitcoinist.com/stablecoin-analysis-panacea-to-crypto-volatility-or-disaster-waiting-to-happen/
http://bitcoinist.com/south-korea-may-soon-legalize-icos/
Stablecoin analysis: panacea to crypto volatility or disaster waiting to happen.
http://bitcoinist.com/stablecoin-analysis-panacea-to-crypto-volatility-or-disaster-waiting-to-happen/
South Korea’s National Assembly Officially Proposes Lifting ICO Ban
South Korea’s national legislature has officially proposed to allow domestic initial coin offerings, effectively lifting the ban imposed by the government in September last year. With the lack of proper guidelines, South Korean companies have been migrating abroad to launch their token sales.
https://news.bitcoin.com/south-koreas-national-assembly-officially-proposes-lifting-ico-ban/
South Korea’s national legislature has officially proposed to allow domestic initial coin offerings, effectively lifting the ban imposed by the government in September last year. With the lack of proper guidelines, South Korean companies have been migrating abroad to launch their token sales.
https://news.bitcoin.com/south-koreas-national-assembly-officially-proposes-lifting-ico-ban/
BitBay Forced to Move to Malta Because of Polish Banks BitBay, the largest cryptocurrency exchange in Poland, has decided to suspend its activities in the country - simultaneously starting business in the jurisdiction of the Republic of Malta, due to banks no longer cooperating with the exchange. The move was announced May 29th, and up to the end of May 31st, users will be able to use all functions of the exchange in Poland.
you can find more here: https://cryptonews.com/news/bitbay-forced-to-move-to-malta-because-of-polish-banks-1894.htm
Survey: Three out of Ten Germans Are Considering Crypto Investing.
https://cointelegraph.com/news/survey-three-out-of-ten-germans-are-considering-crypto-investing
https://cointelegraph.com/news/survey-three-out-of-ten-germans-are-considering-crypto-investing
Website Outlines The Cost of 51% Attack on Altcoins: It’s Lower Than You Think
A website has been created that estimates the cost of a 51% attack on different cryptocurrencies, allowing attackers to maliciously double spend, meaning to spend the same balance twice. The site developer who goes by /u/xur17 on Reddit spoke to CCN about their motivation for creating the site:
“There was an attack against Bitcoin Gold a few days ago, which made me curious what the cost of an attack would be with rented hashing power. I did the math and was honestly kind of shocked – someone could attack a cryptocurrencies worth close to a billion dollar for < $10k an hour and even less than that if you include the block rewards.
This got me to calculate the same figures for other coins, and again it was cheaper than I thought it should be. The goal of the site is to drive more attention to what I see as a pretty glaring problem with these smaller coins. Hashing power is easily retargetable, so not only can people rent hashing power, the larger mining pools can redirect hashing power at smaller coins for a few hours to attack them.”
The picture below is taken from the crypto51 website which was posted on the cryptocurrency subreddit of Reddit yesterday. While other websites have much higher estimates for the cost of a 51% attack, they did not factor in the possibility of renting the mining equipment instead of buying it.
Cost of 51% Attack https://www.ccn.com/website-outlines-the-cost-of-51-attack-on-altcoins-its-lower-than-you-think/
A website has been created that estimates the cost of a 51% attack on different cryptocurrencies, allowing attackers to maliciously double spend, meaning to spend the same balance twice. The site developer who goes by /u/xur17 on Reddit spoke to CCN about their motivation for creating the site:
“There was an attack against Bitcoin Gold a few days ago, which made me curious what the cost of an attack would be with rented hashing power. I did the math and was honestly kind of shocked – someone could attack a cryptocurrencies worth close to a billion dollar for < $10k an hour and even less than that if you include the block rewards.
This got me to calculate the same figures for other coins, and again it was cheaper than I thought it should be. The goal of the site is to drive more attention to what I see as a pretty glaring problem with these smaller coins. Hashing power is easily retargetable, so not only can people rent hashing power, the larger mining pools can redirect hashing power at smaller coins for a few hours to attack them.”
The picture below is taken from the crypto51 website which was posted on the cryptocurrency subreddit of Reddit yesterday. While other websites have much higher estimates for the cost of a 51% attack, they did not factor in the possibility of renting the mining equipment instead of buying it.
Cost of 51% Attack https://www.ccn.com/website-outlines-the-cost-of-51-attack-on-altcoins-its-lower-than-you-think/
Zcoin’s Merkle Tree Proof Release Seeks to Bring Back Fairer Mining
https://bitcoinmagazine.com/articles/zcoins-merkle-tree-proof-release-seeks-bring-back-fairer-mining/
https://bitcoinmagazine.com/articles/zcoins-merkle-tree-proof-release-seeks-bring-back-fairer-mining/
Dominance of Big Banks in UK Means London Might Miss the Boat on Bitcoin
London has enjoyed a status of a global financial hub for centuries and served as a pioneer for brand new trading options for decades. However, some fear it is now in danger of getting left behind by the hottest emerging asset class – cryptocurrency. One of the main reasons for this appears to be the dominance of the big banks over the UK economy.
Link: https://news.bitcoin.com/dominance-of-big-banks-in-uk-means-london-might-miss-the-boat-on-bitcoin/
London has enjoyed a status of a global financial hub for centuries and served as a pioneer for brand new trading options for decades. However, some fear it is now in danger of getting left behind by the hottest emerging asset class – cryptocurrency. One of the main reasons for this appears to be the dominance of the big banks over the UK economy.
Link: https://news.bitcoin.com/dominance-of-big-banks-in-uk-means-london-might-miss-the-boat-on-bitcoin/
Coinbase Takes Another Step Toward Trading ICO Tokens by Acquiring Paradex
https://bitcoinmagazine.com/articles/coinbase-takes-another-step-toward-trading-ico-tokens-acquiring-paradex/
https://bitcoinmagazine.com/articles/coinbase-takes-another-step-toward-trading-ico-tokens-acquiring-paradex/
MAST to further reduce Bitcoin transaction sizes Merklized Abstract Syntax Tree (MAST) is a BIP (Bitcoin Improvement Proposal) that will enable Bitcoin to facilitate incredibly complex smart contracts, by extrapolating the power of Merkle trees and adding onto the current P2SH (Pay to Script Hash) capabilities of Bitcoin.
you can find more here: https://www.crypto-news.net/mast-to-further-reduce-bitcoin-transaction-sizes/
The time required for handling bitcoin transactions and the commission for them are significant obstacles to recognizing the most famous crypto currency as a means of day-to-day calculations. While competitors were trying in vain to occupy this vacant place, at bitkoin, it seems, everything has been adjusted.
Over the past three months, the average commission rate for bitcoin-transactions has become one of the lowest since 2011.
Over the past three months, the average commission rate for bitcoin-transactions has become one of the lowest since 2011.
The founder of McAfee Incorporated John McAfee, famous in the field of crypto-currency due to his eccentric forecasts at the bitcoin rate and questionable promotions, can issue his own currency, provided with crypto-currencies.
First Bitcoin Mining Conference Hashes Over the High Cost of Energy
https://bitcoinmagazine.com/articles/first-bitcoin-mining-conference-hashes-over-high-cost-energy/
https://bitcoinmagazine.com/articles/first-bitcoin-mining-conference-hashes-over-high-cost-energy/
Bitcoin in Brief Monday: Poloniex Responds to Frozen Accounts Complaints
https://news.bitcoin.com/bitcoin-in-brief-monday-poloniex-responds-to-frozen-accounts-complaints/
https://news.bitcoin.com/bitcoin-in-brief-monday-poloniex-responds-to-frozen-accounts-complaints/
CNBC episode where Spencer Bogart advises to buy bitcoin now. Also he mentions some other altcoins. He is bearish on NEO, Cardano. check it out https://hooktube.com/watch?v=zjiadubTE6U
All you can see is cryptocurrency news all over this forum especially in the Press section. Regarding the growth of the bitcoin price. It is still has not grown to what everyone wants. Its current situation makes everyone go crazy and makes them fear of investing in it. But surely the price will grow. As for the other altcoins, I am not interested in their growth because I am opting for long investment. Perhaps ETH will surprise people.
people are waiting for a long time and already a lot of people have sold their coins in the negative, and bitcoin does not grow,how much more can we wait? 
Draft Law Requires Israeli Firms to Report on Clients’ Crypto Activities
The Israeli Ministry of Finance has published draft prohibiting money laundering regulations with provisions specifically pertaining to virtual currencies. The proposed regulations will also introduce a suite of new reporting requirements for financial service providers, including strict conditions regarding the cryptocurrency activities of clients.
Link: https://news.bitcoin.com/draft-law-requires-israeli-firms-report-clients-crypto-activites/
The Israeli Ministry of Finance has published draft prohibiting money laundering regulations with provisions specifically pertaining to virtual currencies. The proposed regulations will also introduce a suite of new reporting requirements for financial service providers, including strict conditions regarding the cryptocurrency activities of clients.
Link: https://news.bitcoin.com/draft-law-requires-israeli-firms-report-clients-crypto-activites/
Average Blockchain Project Dies in Less Than Two Years: Report
Recent years have seen a huge surge in the number of blockchain projects entering the space, with 871 ICOs raising over $6 billion last year compared to just 29 ICOs raising $90 million in 2016. Already this year there have been 777 ICOs and counting as more startups get on the ICO bandwagon – but not all of them are going to make it.
Since the invention of blockchain in 2008 there have been 80,000 blockchain projects launched around the world, and a report from the Chinese government has found only 8% of those are being actively maintained. The 92% that failed lasted an average of 1.2 years before maintenance on the projects ground to a halt.
He Baohong of the Cloud Computing and Big Data Research Institute under CAICT, a scientific institute under the Ministry of Industry and Information Technology (MIIT) commented on the short lives of these projects at the China International Big Data Industry Expo 2018 in Guizhou, China:
“(These projects) came out very quickly, but die quickly as well. In this circumstance, governments globally are accelerating their efforts to establish unified standards in order to help blockchain projects to achieve real-life applications.” https://www.ccn.com/average-blockchain-project-dies-in-less-than-two-years-report/
Recent years have seen a huge surge in the number of blockchain projects entering the space, with 871 ICOs raising over $6 billion last year compared to just 29 ICOs raising $90 million in 2016. Already this year there have been 777 ICOs and counting as more startups get on the ICO bandwagon – but not all of them are going to make it.
Since the invention of blockchain in 2008 there have been 80,000 blockchain projects launched around the world, and a report from the Chinese government has found only 8% of those are being actively maintained. The 92% that failed lasted an average of 1.2 years before maintenance on the projects ground to a halt.
He Baohong of the Cloud Computing and Big Data Research Institute under CAICT, a scientific institute under the Ministry of Industry and Information Technology (MIIT) commented on the short lives of these projects at the China International Big Data Industry Expo 2018 in Guizhou, China:
“(These projects) came out very quickly, but die quickly as well. In this circumstance, governments globally are accelerating their efforts to establish unified standards in order to help blockchain projects to achieve real-life applications.” https://www.ccn.com/average-blockchain-project-dies-in-less-than-two-years-report/
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