Coins & Blockchain News

There are still a lot of unknown factors when it comes to the upcoming Bitcoin Cash hard fork. With numerous camps emerging, one has to wonder how many chains will exist after the fork itself completes on November 15th. So far, the hashrate statistics are quite telling, although that only tells one part of the story at this time. Bitcoin Unlimited (Status Quo) Four different “versions” of Bitcoin Cash may exist after the hard fork completes. This is primarily because there are many conflicting opinions on what the future of this altcoin will entail. In the case of Bitcoin Unlimited (status quo), it pertains to network nodes who will simply not upgrade to the new rules under any circumstances. It has an estimated 4% of the network hashrate, although this number has been on the decline for some time now….

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Photo: TAS Group / Twitter In an official announcement, San Francisc0-based blockchain startup Ripple is now joining hands with software solution provider TAS. The official TAS website confirms its engagement with Ripple saying “Ripple is coming.. and TAS is ready!” As we all know, “Ripple is a ‘Global, Neutral Settlement System’ for bilateral settlement and exchange.” On the other hand, software solution provider TAS works with several commercial and central banks across Europe and other parts of the world. Moreover, TAS is also the main broker-dealer of the Global Fortune 500. The company has also got its Financial Services centers in Italy and Europe. Apart from being the biggest payments carrier in Europe, TAS also has a global presence across 7 countries. TAS serves 150 clients worldwide and also manages over 100 million cards globally. Dieter Schoene, managing director of TAS Germany…

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Loudi, a city in China’s Hunan province, launches a real estate-focused blockchain platform and issues its first electronic certificate

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There are less than two days left until the Bitcoin Cash (BCH) network faces a contentious hard fork and BCH markets are showing some unusual activity. They are being driven by heavy trading volumes that have doubled in the last two days, while BCH/USD short positions on Bitfinex have touched an all-time high. At the moment, bitcoin cash is trading for $529 per coin with more than $900 million worth of global swaps in the last 24 hours. Also read: Cryptocurrency ATM Growth Spikes Exponentially to 4,000 Machines Worldwide    Cryptocurrency Rally Stalls As news.Bitcoin.com stated during our last markets update, all eyes are on bitcoin cash prices before the pending fork and this is still the case. On Tuesday, Nov. 13, the overall cryptocurrency economy is valued around $214 billion with over $13.3 billion in global trade volume over the…

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On November 8, 2018, blockchain and cryptocurrency mining firm DMG Blockchain announced the opening of its new 85-megawatt crypto mining facility in Canada, as per a press release by Global News Wire.  Massive Mining Facility DMG Blockchain Solutions Inc. has just announced the inauguration of a new crypto mining facility that is capable of a running an 85-megawatt mining operation….Read More. The post by Nuno Menezes appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News

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The Bitcoin Cash civil war is just days away from culminating in a contentious blockchain split, and the lead developer of the faction with the minority hashrate has advised that the development community should “get a patch ready” in case they need to pursue an emergency hard fork to change the cryptocurrency’s Proof-of-Work (PoW) algorithm. The post ‘Nuclear Option’: ABC Dev Won’t Rule out Changing Bitcoin Cash PoW Algorithm appeared first on CCN The post ‘Nuclear Option’: ABC Dev Won’t Rule out Changing Bitcoin Cash PoW Algorithm appeared first on Your Daily Satoshi.

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Cybercriminals continue to devise and perfect new strategies to steal Bitcoin and other cryptocurrencies. In 2018 alone, the activities of these online syndicates have led to the theft of hundreds of millions of dollars. Here are some of the popular tactics used by these criminals to steal cryptocurrency online. Trojans and Malware Recently, Live Bitcoin News reported on Swiss authorities warning cryptocurrency exchange platforms of the emergence of modified e-banking trojans. This strain of trojans targets cryptocurrency trading platforms. Cybersecurity firm Kaspersky Labs says hackers have also created a new iteration of the deadly Rakhni trojan. This particular variant is capable of performing both cryptojacking and ransomware exploits on the target victim. Apart from trojans, other forms of malware also constitute a danger to cryptocurrency owners and users. Recently, Kaspersky Labs also warned that syndicates like the North Korea-based Lazarus…

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Bitcoin cash bears are lining up. There are now almost twice as many open short positions betting that the price of bitcoin cash (BCH) will fall as there are longs betting on a rise in its price. According to data from crypto exchange Bitfinex, which allows margin trading for multiple cryptocurrencies, there are currently 89,457 open BCH short positions and 53,322 longs. This is, perhaps no coincidence, since there is a network update scheduled for bitcoin cash set to take place on Nov. 15. Under one possible outcome, BCH will split into two chains – centered around the Bitcoin ABC and Bitcoin SV code implementations – resulting in two distinct cryptocurrencies (and what is effectively a doubling of one’s holdings). While margin traders are strongly favoring a bearish outcome, both longs and shorts reached all-time highs in the last 24-hours. Shorts positions…

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Nov 13, 2018 at 17:18 // News Nagezeni, a project developing a crowd-tipping solution in cryptocurrency, enters crypto exchanges. Starting from November 12, users will be able to acquire NZE tokens on CoinSuper, one of the largest platforms in Asia. Customers can trade, buy, and sell their coins in a convenient and secure way. Note that the NZE/BTC pair will available at first. Founded in Hong Kong in 2017, CoinSuper has quickly gained the popularity among traders and now is included in the top 25 exchanges with a daily trading volume of $150 million – $200 million, according to Coinmarketcap. The exchange counts more than one million users allowing them to deal with 75 pairs of cryptos. CoinSuper provides both fiat-to-crypto and crypto-to-crypto exchanges in BTC, BCH, ETH, and others. Besides, customers can trade in USD, which also attracts people….

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E-commerce giant Amazon wins two patents related to methods for protecting the integrity of digital signatures and distributed data storage

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Nov 13, 2018 at 17:02 // PR Recently launched cloud server cryptocurrency mining service, Splitt is now making the heads turn in the global crypto community. Designed to make cryptocurrency mining user-friendly and safe for all, Splitt has secured an investment of well over $5 million from more than ten thousand investors over the last three months. Splitt, a recently launched cryptocurrency mining service equipped with a cloud server, is now taking giant strides towards becoming a highly preferred choice amongst the crypt mining enthusiasts around the world. Following its mega launch in August, Splitt has done well to secure close to one hundred thousand users and ten thousand investors in less than three months. Official sources have revealed that the company has already received an investment of more than five million for further development of the business.    As…

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Ahead of Thursday’s hard fork of bitcoin cash, the war of the mining pools is becoming even more lopsided. Data from Coin Dance indicates that bitcoin cash mining pools which have pledged support for the Craig Wright–led result of the fork, Bitcoin SV, control some 76.39 percent of the hash power utilized in mining blocks over the last 24 hours. While bitcoin cash will almost certainly split after the fork, questions remain about which of the two resulting coins – Bitcoin ABC and Bitcoin SV – will succeed. Wright in particular has vowed to destroy the ABC network, going so far as to threaten ABC proponents on Twitter. SV’s hash power advantage is up from 73.62 percent just a day ago. In particular, CoinGeek, the platform owned by Wright supporter Calvin Ayre, jumped from controlling about 30.6 percent of the…

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Blockchain Valley Ventures (BVV), a Switzerland-based venture capital firm and accelerator, has announced it is launching a new regional unit in Singapore. The company revealed the move during the Singapore Fintech Festival on November 12, 2018. BVV’s Asian Expansion With the island nation as their next stop, the Swiss blockchain firn has prepared the foundation for bolstering its presence in Asia….Read More. The post by Priyeshu Garg appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News

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Cryptocurrency inventor, fund partner and advocate Max Keiser is predicting new all-time Bitcoin price highs as the stock market tumbled again this week. Bitcoin to ‘New All-Time High’ as Stock Market Slumps A drop in share prices for both Goldman Sachs and Apple has equated to an approximately 160-point loss for the Dow Jones November 12, leading Keiser to suggest the index could collapse to below the significant 10,000 barrier in future. “10 (years) of cash transfusions from central banks – masking the globe’s economic death in 2008 – hasn’t worked,” he wrote on Twitter. “Dow 10,000 here we come. (Bitcoin) will make new (all-time high).” 10 yrs of cash transfusions from central banks – masking the globe’s economic death in 2008 – hasn’t worked. Dow 10,000 here we come. #Bitcoin will make new ATH. — Max Keiser, tweet artist…

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The Russian branch of Raiffeisen Bank and major oil company Gazprom Neft have conducted a trade finance transaction via a blockchain-issued bank guarantee

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U.K. startup Revolut has announced that its customer base has surpassed three million users. The fintech platform, which has quickly become a viable online alternative to traditional banking, was established in 2015. It currently offers payment and exchange services for a growing number of fiat currencies and cryptocurrencies. Also read: Huobi Opens in Russia, Plans Startup Accelerator and Mining Hotels Fintech Startup Defies Skepticism The company marked the milestone on Twitter: “Three years ago, banks and investors laughed at us. Today, we have signed up three million customers and no one is laughing now. Thank you!” The announcement came about three months after Revolut launched a new debit card that offers support for some of the leading digital coins. Revolut Metal is the platform’s premium service. For a monthly fee of €13.99 (less than $16), users can get a free…

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Bitmain, the world’s largest bitcoin mining firm, has reportedly undergone a major board reshuffle ahead of its initial public offering (IPO), which should set a record for the nascent cryptocurrency industry. Bitmain Sees Major Board Shakeup — CEO Jihan Wu Loses Voting Rights Citing company information registered with the local government, Chinese industry media outlet The post Bitcoin Mining Giant Bitmain Shuffles Board Ahead of IPO: Report appeared first on CCN The post Bitcoin Mining Giant Bitmain Shuffles Board Ahead of IPO: Report appeared first on Your Daily Satoshi.

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Nov 13, 2018 at 16:18 // PR 13 – 14 March, 2019Dead Sea – Jordan Why the 2nd Blockchain & Fintech Summit is Different?    1 – Jordan is positioning itself as a financial hub for the entire region.    2 –  New platforms, systems, solution and Crypto currencies. 3 – New vision, new mission and new markets.    4 – Speakers and participants will focus on the development of the Fintech, Crypto and Blockchain sector, its current condition and potential, key challenges, problems and their solutions. The conference will allow the discussion of aspects of digital economy regulation solutions.    5 – The event program includes presentations, which will be interested for software developers, as well as investors and entrepreneurs who are going to promote and their businesses.    6 – B2B BROKERAGE EVENT is a series of 20-…

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Cryptocurrency exchanges need to keep their infrastructure up-to-date at all times. For Binance, tomorrow marks such an important day. Although the company isn’t changing anything major, the company will temporarily suspend all services. During this eight-hour period, users will need to look for other trading alternatives. Binance System Upgrade Announcement On Monday, popular cryptocurrency exchange Binance announced that it will go offline for an eight-hour period beginning at 2:00 am UTC on November 14. A system upgrade will be performed, albeit no details of the upgrade have been made public at this time. As the platform will be offline, no deposits, withdrawals, or trading will be completed. It is unclear if this Binance upgrade has to do with the upcoming Bitcoin Cash hard fork. The platform will support this fork through a balance snapshot to be taken on November 15th….

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