Particl Community Update #9

Did you miss our last AMA/FAQ livestream on Youtube? Don’t worry, this update should keep you up to speed with all the latest developments and news surrounding the project!To fight off spammers, all Particl listings require users to submit a small listing fee. This feature is important in fighting off spam as it makes it unprofitable for the attacker to do so, at least when done on a larger scale. Taking the listing fee out of the equation would leave an opportunity for spammers to mess with the network and potentially even defraud the funds contained in the “Free Listing Pool”. Note that we’re currently going over many strategies to help with and kickstart the adoption of the coming marketplace and that we are aware a strategy needs to be adopted to not end up with a difficult “Chicken and Egg”…

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Bitcoin Trading Outperforms Stocks Despite Range-Bound Momentum

Bitcoin Trading Outperforms Stocks Despite Range-Bound Momentum
Source: Livebitcoinnews.com

Investing in 2018 has become somewhat of a troublesome venture. It is difficult to find any market that has performed quite well for an extended period of time. However, analysts agreed that Bitcoin had outperformed stocks over the last week. A somewhat surprising development, given the rough year cryptocurrency has had so far. Bitcoin Trumps Stocks Again A recent discussion on CNBC paints an interesting future for cryptocurrencies. By comparing the stock market with Bitcoin, the latter clearly wins in the performance department. The lack of massive volatility is doing the world’s leading cryptocurrency some favors, for a change. Analyst Jeff Kilburg confirms a price near or above $6,250 is a good buy opportunity. Although the discussion pertains to CBOE futures, parallels can be drawn with the live markets. It appears Bitcoin is poised to rise in value, yet no…

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86% of ICO Tokens Now Worth Less than Initial Cryptocurrency Exchange Listing Price

86% of ICO Tokens Now Worth Less than Initial Cryptocurrency Exchange Listing Price
Source: Dailysatoshi.com

Global professional services firm Ernst & Young (EY) has released a report on the performance of ICOs over the last year, and in keeping with the bear market for cryptocurrency assets, the trend was predictably downward. Just 10 Tokens Count for 99% of All ICO Gains EY released a report on ICOs back in December 2017, The post 86% of ICO Tokens Now Worth Less than Initial Cryptocurrency Exchange Listing Price appeared first on CCN The post 86% of ICO Tokens Now Worth Less than Initial Cryptocurrency Exchange Listing Price appeared first on Your Daily Satoshi.

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Expect More Crypto Hedge Funds To Close in 2018… But Not For Why You Think.

Expect More Crypto Hedge Funds To Close in 2018… But Not For Why You Think.
Source: Bitcoinist.com

In a recent tweet thread, Anthony “Pomp” Pompliano, co-founder of Multicoin Capital, outlines why many of crypto hedge funds might be closing their doors in 2018. Most people would expect that the bear market and the prices would be the number one reason why most hedge funds are closing up shop. While this is certainly a factor, Pomp believes that it has to do more with the fee structures that the funds set-up in 2017. In 2017, 198 hedge funds launched and in 2018, it’s projected that 220 hedge funds will open. 2017 was a great year to start a crypto hedge fund, especially the earlier part as the returns were massive and investors made great returns. 2018, on the other hand, has seen a significant downturn in many of the cryptocurrencies like Bitcoin, Ethereum, Ripple, Litecoin and Stellar, Zcash and…

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CFTC Complaint Results in Bitcoin Ponzi Scheme Platform Paying Millions in Restitution

CFTC Complaint Results in Bitcoin Ponzi Scheme Platform Paying Millions in Restitution
Source: Livebitcoinnews.com

A complaint filed by the U.S. Commodity Futures Trading Commission (CFTC) against a crypto platform and its CEO has resulted in the Federal Court ordering the business to pay over $2.5 million in restitution. The world is an expensive place, which is why some of us look at different ways to grow our wealth whether it be taking a second job or looking for investment opportunities. Over the course of two years, this is probably what duped investors were thinking when they signed up with New York-based Gelfman Blueprint, Inc (GBI). According to a Commodity Futures Trading Commission (CFTC) press release, GBI under its CEO, Nicholas Gelfman, operated a Bitcoin Ponzi scheme between 2014 and 2016. Through 80 investors, the platform received over $600,000. As with any scheme of this nature, the company’s employees recruited victims and got them to put their…

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Bitcoin Ponzi Scheme Busted! Gelfman Blueprint, Inc (GBI) to Pay $2.5 Million Fine

Bitcoin Ponzi Scheme Busted! Gelfman Blueprint, Inc (GBI) to Pay $2.5 Million Fine
Source: Livebitcoinnews.com

A complaint filed by the U.S. Commodity Futures Trading Commission (CFTC) against a crypto platform and its CEO has resulted in the Federal Court ordering the business to pay over $2.5 million in restitution. The world is an expensive place, which is why some of us look at different ways to grow our wealth whether it be taking a second job or looking for investment opportunities. Over the course of two years, this is probably what duped investors were thinking when they signed up with New York-based Gelfman Blueprint, Inc (GBI). According to a Commodity Futures Trading Commission (CFTC) press release, GBI under its CEO, Nicholas Gelfman, operated a Bitcoin Ponzi scheme between 2014 and 2016. Through 80 investors, the platform received over $600,000. As with any scheme of this nature, the company’s employees recruited victims and got them to put their…

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Bitcoin Ponzi Scheme Founder Slapped with $2.5 Million Fine

Bitcoin Ponzi Scheme Founder Slapped with $2.5 Million Fine
Source: Dailysatoshi.com

New York investment firm Gelfman Blueprint, Inc. (GBI) will see over $2.5 million in fines for fraudulent practices, as filed by the Commodity Futures Trading Commission (CFTC). According to the agency, this marks the first time that CFTC has made an anti-fraud enforcement action involving bitcoin. Yesterday’s CTFC press release states that Gelfman Blueprint Inc. The post Bitcoin Ponzi Scheme Founder Slapped with $2.5 Million Fine appeared first on CCN The post Bitcoin Ponzi Scheme Founder Slapped with $2.5 Million Fine appeared first on Your Daily Satoshi.

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Ether Price Analysis: Historic Support Tested Amid Signs of Distribution

Ether Price Analysis: Historic Support Tested Amid Signs of Distribution
Source: Dailysatoshi.com

It’s been weeks since ether has seen a new high or a new low and the market has found itself range-bound. At the moment, we are seeing signs of distribution as large rounds of selling have remained present during key support tests: Figure 1: ETHUSD, 4 Hour Candles, Trading Range So far, for the last few weeks, ether has seen a trend of higher lows and low highs (the converging red trendlines). The three arrows shown above display the presence of heavy selling pressure (supply) and, so far, the market has failed to garner enough buying pressure (demand) to bring the price level back above the AR level shown above and buying pressure seems to be waning. The lower boundary of the trading range (the dark blue line) has proven to be strong support and the last week’s trend has…

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TAP Secures Investment from Alphabit and FBG Capital

TAP Secures Investment from Alphabit and FBG Capital
Source: Coinspeaker.com

AlphaBit, one of the first regulated crypto funds, is the biggest in the middle east whilst FBG Capital was described by Forbes as Asia’s hottest crypto fund. TAP aims to be a one stop shop for anyone involved, or looking to be involved, in crypto currencies. With the easiest fiat onboarding process, multiple exchanges linked by one app (with only 1 KYC process), a powerful “middleware” engine adding convenience never seen in the crypto sector and a payment card attached, TAP will facilitate the next adoption wave of crypto whilst making the lives of current crypto holders much easier. There are many ways in which TAP will add convenience to the sector, for example, TAP will eliminate the need to move funds from one exchange to another to complete an alt to alt trade. TAP will allow a fiat pairing…

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Factom Seems Keen to Enter the Stablecoin Market

Factom Seems Keen to Enter the Stablecoin Market
Source: Themerkle.com

It is safe to say the cryptocurrency industry has seen its fair share of stablecoins already. This market is open to competitors, although nearly 10 different offerings exist already. Even so, the Factom team is confident they can add at least one more competitor to the mix. Their unique stablecoin implementation will be presented later this month. Factom has Bold Plans Every venture pertaining to blockchain and cryptocurrency is worth paying attention to these days. Although things may be a bit different in the world of stablecoins, the new venture by Factom will still get quite a bit of attention. The team claims they have built a new implementation which might help shape the future of stablecoins altogether. Not too much is known about Factom’s exact plans. The team alluded to such a project in a recent blog post, although…

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TAP Releases New Alpha Version of Their App

TAP Releases New Alpha Version of Their App
Source: Coinspeaker.com

TAP will provide an app that is a one stop shop for anyone involved, or looking to get involved, in crypto currencies. With the easiest fiat onboarding process, multiple exchanges linked by one app (with only 1 KYC process), a powerful “middleware” engine adding convenience never seen in the crypto sector and a payment card attached, TAP represents a major leap forward in making crypto both more accessible to new investors and more convenient to current adopters. The main feature added to this latest update is the integration with the Binance exchange. TAP now supports two exchanges, Binance and Kraken, and will scan both these exchanges to find the customer the best price. The middleware reads both exchange order books as if they were one and can split a trade over both exchanges if that delivers the customer a better…

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Ether Price Analysis: Historic Support Tested Amid Signs of Distribution

Ether Price Analysis: Historic Support Tested Amid Signs of Distribution
Source: Bitocoinmagazine.com

It’s been weeks since ether has seen a new high or a new low and the market has found itself range-bound. At the moment, we are seeing signs of distribution as large rounds of selling have remained present during key support tests:Figure 1: ETHUSD, 4 Hour Candles, Trading RangeSo far, for the last few weeks, ether has seen a trend of higher lows and low highs (the converging red trendlines). The three arrows shown above display the presence of heavy selling pressure (supply) and, so far, the market has failed to garner enough buying pressure (demand) to bring the price level back above the AR level shown above and buying pressure seems to be waning. The lower boundary of the trading range (the dark blue line) has proven to be strong support and the last week’s trend has seen relatively…

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If Your Bitcoin is Stolen, There’s Only a 20% Chance You’ll Ever Get it Back

If Your Bitcoin is Stolen, There’s Only a 20% Chance You’ll Ever Get it Back
Source: Dailysatoshi.com

If you’re ever so unfortunate as to become the victim of a bitcoin theft, there’s very little chance that you will ever see your cryptocurrency assets again. For this reason, security experts have suggested that only a fraction of these cases ever get reported, as victims believe they are not likely to retrieve stolen cryptocurrency. The post If Your Bitcoin is Stolen, There’s Only a 20% Chance You’ll Ever Get it Back appeared first on CCN The post If Your Bitcoin is Stolen, There’s Only a 20% Chance You’ll Ever Get it Back appeared first on Your Daily Satoshi.

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The Daily: Blockchain Surveillance vs Privacy Protocols

The Daily: Blockchain Surveillance vs Privacy Protocols
Source: Bitcoin.com

The battle for privacy is ramping up. Every day, in the cryptocurrency space, we learn of increased blockchain surveillance, countered by the efforts of privacy protocol developers. We’ve got stories from both sides of the divide in this episode of The Daily, plus a “bitcoin mansion” that’s up for sale. Also read: Blockchain Surveillance Firm Partners With Cryptocurrency Exchange Binance Flagging Bitcoin Volume – But What Does It Mean? Trading volume in the cryptocurrency markets has been low of late, with BTC, as the market leader, particularly exposed. One analyst, who’s been studying bitcoin’s trade volume all the way back to 2012, has observed that the intraday range for the past two months ranks in the bottom decile. “It’s now the fourth longest consecutive period where volume has been this low,” he noted. While low volume is generally a bearish sign,…

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Ethereum dApp Roundup Part 1: Platforms

Ethereum dApp Roundup Part 1: Platforms
Source: Btcmanager.com

The incredible versatility of the Ethereum blockchain has enabled a plethora of different decentralized apps (dApps) to exist. In the following series will see ten platform dApps under the spotlight. 1. Golem Making extra cash while browsing social media is the central promise of Golem, a peer-to-peer market for putting your computer’s excess CPU power to use for other people….Read More. The post by Priyeshu Garg appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News

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The ‘Hodlers of Last Resort’ Saviors of Bitcoin

The ‘Hodlers of Last Resort’ Saviors of Bitcoin
Source: Bitcoinist.com

We have all listened to no-coiner acquaintances reasoning that, “Bitcoin is purely virtual, so the price could crash to nothing”. But why are they wrong? Who are the heroes that stop the drop in a bear market cycle? These, my friend, are Bitcoin’s Buyers of Last Resort. What Goes Up… The rise of bitcoin has depended on increasing adoption, occurring as more people discover, then desire, then buy bitcoin. If only this discovery was purely organic, based on word of mouth, and led to a steady accumulation of new users over time. The resulting appreciation in bitcoin price would be stable and sustainable. Unfortunately, adoption happens in waves. A few positive articles in mainstream media causes a swell of new investors, eager to snap up the available coins at any price. Momentum traders join in the fun, speculating to profit from…

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$571 Million: Notorious North Korean Hacker Group Has Stolen a Fortune in Cryptocurrency

$571 Million: Notorious North Korean Hacker Group Has Stolen a Fortune in Cryptocurrency
Source: Dailysatoshi.com

Even though blockchain technology has all sorts of security applications, one thing is for sure: cryptocurrency exchanges are vulnerable to cybersecurity attacks, and hackers have exploited these flaws for massive gains. However, no hacker crew has been quite as successful as the infamous North Korean group of hackers, dubbed “Lazarus,” which is responsible for the The post $571 Million: Notorious North Korean Hacker Group Has Stolen a Fortune in Cryptocurrency appeared first on CCN The post $571 Million: Notorious North Korean Hacker Group Has Stolen a Fortune in Cryptocurrency appeared first on Your Daily Satoshi.

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North Korean Hacking Group Lazarus Behind $571M in Hacks Since January 2017

North Korean Hacking Group Lazarus Behind $571M in Hacks Since January 2017
Source: Bitocoinmagazine.com

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.In a report acquired by news outlet HardFork, cybersecurity outfit Group-IB outlines trends in hi-tech cybercrime, detailing 14 different attacks on cryptocurrency exchanges since January 2017. It suggests that Lazarus has been responsible for the disappearance of over $571 million in cryptocurrency.What is most interesting about the data from Group-IB is that a large majority of the targeted exchanges are domiciled in South Korea,…

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10 Days That Shook the World of Bitcoin

10 Days That Shook the World of Bitcoin
Source: Bitcoin.com

When Bitcoin’s history is written, the following events will command a chapter apiece. Bitcoin is a creeping revolution that does not lend itself to listicles, and thus any such attempt is destined to fall short. What follows, therefore, is a potted history of a transformative technology whose greatest moments have yet to come. In chronological order, these are the days that shook Bitcoin to its core. Also read: Cypherpunk Essentials: A Beginner’s Guide to Crypto Privacy Satoshi’s Final Bow, December 12, 2010 One of the most significant days in Bitcoin happened before most people had even heard of it. Dec. 12, 2010 didn’t startle the community at the time, but the date would go down as the most pivotal since the mining of the genesis block. That’s the day when Satoshi Nakamoto composed his final Bitcointalk post and then quietly checked…

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