Bitcoin India: Firm accused of Rs 200 Crore Fraud - Coinnounce

Weekly Update: $WIB, $VID, $CHZ on ParJar, Pynk crushes Web Summit, XIO swap bridge, Sentivate reorg... – 1 Nov - 7 Nov'19

Weekly Update: $WIB, $VID, $CHZ on ParJar, Pynk crushes Web Summit, XIO swap bridge, Sentivate reorg... – 1 Nov - 7 Nov'19
Hi folks! We are catching up real quick. Here’s your week at Parachute + partners (1 Nov - 7 Nov'19):

Three new projects and their awesome communities joined the Parachute fam this week: Wibson, VideoCoin and Chiliz. Welcome! And if you missed, we also added Shuffle Monster, Harmony and CyberFM last week. #cryptoforeveryone is getting bigger by the day. Woot woot! In this week’s TTR trivias, we had Richi’s movie quiz qith a 25k $PAR pot. Charlotte's Rebus trivia in TTR on Tuesday had 25k $PAR in prizes for 10 Qs. Noice! Jason’s creative contest for this week was #artdeadmin: “draw/paint/sketch/whatever you imagine a group of the parachute admins doing together”. Click here to check out some of the entries of the TTR Halloween photo contest from last week. Doc Victor (from Cuba) hosted a Champions League wager round in tip room. And congrats to Victor (Anox) for passing his final Medical exams. We have 2 Doc Vics now. One from Cuba and the other from *redacted*.
Some of the top #artdeadmin submissions. Insane talent!
Jason’s running medal collection. Say what!
Andy shared the latest standings in the Parachute Fantasy Football League (#PFFL). Clinton (7-2) is on top followed by Chris (7-2) in second place and Hang (7-2) in third place. So close! As we rolled into November, Parachute crew signed up for Movember. So now we have 3 teams from the Parachute fold, doing a no-shave November for men’s health issues: Parachute (Tony, Cap, Alexis, Cuban Doc Vic, Richi), TTR (Vali, Ashok, Tavo, Alejandro, Marcos, PeaceLove) and TTR-Ladies (Mery, Martha, AngellyC, Liem, Durby, LeidyElena, Charlotte). Show them some support peeps! This is all for charity. Show them some support folks! This week’s #wholesomewed was about “your most precious possession and give us the story of why it is so precious to you”. A whole lot of $PAR was given out for some real wholesome life stories. Best. Community. Eva! Two-for-Tuesday theme for this week: colors! As always, a melodic Tuesday thanks to Gian! And thank you Borna for writing about Parachute and ParJar on the Blockchain Andy blog.
<- This is where Jose creates his magic. Respect / Cuban Doc Vic’s doggo, Symba, could easily be a TTR mascot. Good boi! ->
This week at aXpire there were two separate $AXPR burns: 20k of last week and 200k of this week. Last week’s news recap can be seen here. Congratulations to the team for being conferred the honour of being handed a key to Miami-Dade County by Mayor Carlos A. Gimenez at the 2019 Miami-Dade Beacon Council Annual Meeting & Key Ceremony. aXpire's disruptive solutions like Resolvr (expense allocation), Bilr (invoice management) and DigitalShares (deal marketplace) help hedge funds and PE firms scale through better profit margins. How? Read here. Did you know that the 2gether Ambassador Zone lets you customise referral messages with a #PicOfTheDay while you earn some sweet 2GT rewards? Super cool! There was an upgrade to the platform this week that might have led to a temporary deactivation in withdrawals while the update was being deployed. CEO Ramón Ferraz’s interview by BeInCrypto was released. Founder Salvador Algarra travelled to an ABANCA event for a keynote speech on Fintech innovation. Next week he will be at Rankia's Blockchain and Crypto Tech gathering to speak on "Blockchain, from predicting the future to building it". CardRates’ feature article on 2gether came out this week. The BOMBX:XIO token swap bridge went live. The swap will be open till 15th December. Plus, $XIO is now listed on DDEX and Switcheo. There were some disruptions in the bridge from time to time because of heavy traffic. Hence, the team also set up a manual swap page as an alternative solution. And please be wary of scammers posing as admins to help with the swap instructions. For any doubts, always reach out to accounts with admin tags on the official Telegram channel. The first set of incubated startups will be revealed on the 22nd of November. Ever wanted to find out about the people who frequent the BOMB token chat? Well, the BOMB Board is running a "Humans of Bomb" series to feature some of the most active members. This week, say Hello to Gustavo.
Key to Miami-Dade County awarded to aXpire. Cool!
WednesdayCoin’s founder Mike floated the idea of making WednesdayClub open on all days. The nature of the $WED token will not change on chain. Just that it will be usable inside the DApp everyday. What do you think? Let him know in the Reddit thread. Birdchain’s $BIRD token was listed on Mercatox this week. A new monthly referral contest was launched as well. 50k BIRD tokens to be won. Nice! Want the SMS feature to be released in your country? Start promoting! A featured article on Chainleak capped off the week perfectly for Birdchain. $ETHOS, $AXPR (aXpire), $HYDRO, $BNTY (Bounty0x) and $HST (Horizon State) were added to the eToro Wallet. The airdrops for Switch’s various token holders were distributed this week. As mentioned earlier as well, $ESH and $SDEX are revenue sharing tokens. Winners of the John McAfee contest and trading competition were announced. Congratulations! Tron blockchain support will be added to the Switch-based McAfeeDex next week. The news was covered by Beincrypto, U Today, Crypto Crunch, Altcoin Buzz and Tron’s Justin Sun as well. The Dex was featured in a Forbes article about John McAfee’s views on Libra. The latest community contest at Fantom involves writing educational articles on the platform. If you have been following Fantom developments, then this would be a breeze. Also, USD 100 in FTM tokens to be won. Sweet! Check out the cool $FTM merch on display at Odd Gems fashion. Even though these are not official gear, they have the blessings from the project. CMO Michael Chen sat down for an interview with Crypto Intelligence India to talk about the upcoming mainnet launch. The crew also appeared for an AMA with Atomic Wallet community. The latest technical update covers "Golang implementation of Lachesis consensus" or Go-Lachesis in short. Check out its demo with 7 nodes here.
Parachute presentation (WIP). That’s right. 500k transactions and counting. Wow!
While the Uptrennd Halloween contest got over last week, AltcoinBuzz made a friggin amazing graphic! Don’t forget to follow the Ann channel to stay up to date with the latest from Uptrennd. Founder Jeff Kirdeikis also announced that he will be working closely with PrefLogic on Security Tokens. Jeff’s interview with MakerDAO Biz Dev Gustav Arentoft came out. After some upgrades on Uptrennd, withdrawals are live again. Instead of the weekly meme contest, there was a flyer contest this week. 5k $1UP prize pool for winners. Wicked! The latest community picked TA report was on ETH. And the crew reached Malta for the AIBC Summit. More pics next week! Did you know that you can get Opacity Gift Codes for various plans at ShopOpacity.com? If not, make sure to read up on the Opacity October update. Catch up on the latest at District0x from the District weekly. The District Registry was live demo’ed. Looks cool! Hydro crew travelled to the Web Summit in Lisbon to spread word on the project. They were also represented at the Chicago fintech science fair this week. For a summary of the last few weeks gone by at Hydrogen, you can read the Project update and Hydro Labs update. We have covered most of these in previous posts. For the latest scoop on Hydro Labs, there’s always the Ann channel. Silent Notary’s Ubikiri wallet is undergoing upgrades. One of which is, wallets will be auto-named after creation. A ton more upgrades to be released. Sentivate announced a reorganisation in the company in order to devote full focus on Sentivate. The parent company will close and all resources will move to Sentivate. Here’s another use-case story to emphasise the potential of Universal Web. In the latest community vote on Blockfolio, folks voted overwhelmingly Yes on whether they would like to see more explainer articles on web tech. Also, the epic shoutout from Scott Melker (The Wolf Of All Streets) has to be the best thing ever!
Updated Sentivate roadmap for next 3 months
Pynk travelled to the Web Summit in Lisbon (wonder if they crossed paths with Hydro and SelfKey teams) as an official delegate of the Mayor's International Business Programme and were featured by KPMG. How to catch people’s eyes in a Summit where everyone is trying to grab your attention? With LED back packs. Genius! Such a lit idea, that even Web Summit tweeted it. Woohoo! And then they rocked a series of pitches to get to the big stage. Wins in Round 1 and quarter finals ensured an entry into the semi finals on the main stage. Click here to watch their presentation. Great job guys! Business Insider Poland included Pynk in their list of 12 Fintech companies worth following. The latest Pynk Tank episode delves into deep fakes in political advertising. One of the upcoming features on the platform will be the addition of gold to the daily price prediction tool. Pynk has "absolutely no interest in Bitcoin fanatics, ‘bagholders’ or ANYONE who mentions moons or Lamborghini’s. It’s tacky". This vibes perfectly with Parachute. Read more on Pynk's guide to becoming a super-predictor here. Horizon State announced that it will be resuming business under a new management. Welcome back! The original $HST token will not be supported anymore. The team will be looking into how the token holders are included in the new system. DENGfans, don’t forget to check the mini-projects posted by Mathew in the Telegram channel. Look up #getDENG in the channel. If you’re proficient in excel and VB, get in touch. Shuffle Monster’s $SHUF token is now listed on Dex.ag which acts as a decentralised price aggregator. CyberFM distributed the $CYFM payouts for October this week. Total payout as of 1st Nov is USD 266k+ in crypto. Say what!
Pynk’s LED back packs are a stroke of genius
OST’s Pepo was the 19th most popular dApp on State of the DApps last week. This week it climbed to the 16th position. Upcoming features on Pepo include video replies, threads and debates. Stay tuned! OST crew was at the Web3 UX Unconference in Toronto to talk all things UX. Next week they will be at ETHWaterloo to present and judge the UX award there. SelfKey’s $KEY token got listed on Hong Kong’s Lukki exchange. Like Hydro, the SelfKey team also attended the Web Summit in Lisbon for networking. If you were there, hope you said Hi. Ever wondered how Distributed Identity keeps your information private and safe when blockchains are supposed to be public? Click here to find out how SelfKey does this. More insight was shared into the Chainlink partnership this week by Constellation CEO Ben Jorgensen. The team attended the Air Force Space Pitch Day where it was selected to pitch the platform to attendees. Go get’em! How and why does Constellation do things? Check out the Constellation Principles. The October update for Yazom covers news such as alpha build of the app nearing completion, ongoing deal negotiation with clients etc.

And with that, we close for this week in Parachuteverse. See you again soon. Ciao!
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Day 8: I will post this guide regularly until available solutions like SegWit, order batching, and Lightning payment channels are mass adopted, the mempool is empty once again, and tx fees are low. BTC Core SegWit GUI coming May 1, Coinbase incompetence exposed, more exchanges deploy SegWit

BACKGROUND
Segregated Witness (SegWit) was activated on the Bitcoin network August 24 2017 as a soft fork that is backward compatible with previous bitcoin transactions (Understanding Segregated Witness). Since that time wallets and exchanges have been slow to deploy SegWit, and the majority of users have not made the switch themselves.
On Dec 18 2017 Subhan Nadeem has pointed out that: If every transaction in the Bitcoin network was a SegWit transaction today, blocks would contain up to 8,000 transactions, and the 138,000 unconfirmed transaction backlog would disappear instantly. Transaction fees would be almost non-existent once again.
Mass SegWit use alone could empty the mempool, result in blocks that are not completely full, and make it possible to include transactions with $0 fee once again.
On Jan 11 2018 when BTC sends went offline at Coinbase the mempool began to rapidly empty. Later in the day when service was restored there was a sharp spike up in the mempool. Subsequently, that afternoon Brian Armstrong finally had to break his silence on the topic and admitted Coinbase is working on SegWit but has still not deployed it. It appears that the high fees bitcoin is experiencing could be easily addressed and need not exist.
SegWit is just one technique available to exchanges and users to reduce pressure on the Bitcoin network. You can make the switch to SegWit on your next transaction, and pressure exchanges to deploy SegWit NOW along with other actions that will reduce their transaction impact on the network. You can help by taking one or more of the action steps below.
ACTION STEPS
  1. If your favorite wallet has not yet implemented SegWit, kindly ask them to do so immediately. If your wallet is not committed to implementing SegWit fast, speak out online any way you can and turn up the pressure. In the meantime start using a wallet that has already implemented SegWit.
  2. If your favorite exchange has not yet implemented SegWit, try to avoid making any further purchases of bitcoin at that exchange and politely inform them that if they do not enable SegWit within 30-days they will lose your business. Sign-up for an account at a SegWit deployed/ready exchange now and initiate the verification process so you'll be ready to bail
  3. Help educate newcomers to bitcoin about the transaction issue, steer them towards SegWit wallets from day one, and encourage them to avoid ever purchasing bitcoin through non-SegWit ready exchanges that are harming bitcoin.
  4. Spread the word! Contact individuals, websites, etc that use bitcoin, explain the benefits of SegWit to everyone, and request they make the switch. Use social media to point out the benefits of SegWit adoption.
IMPORTANT NOTE: The mempool is currently still quite backlogged. If you are a long-term holder and really have no reason to move your bitcoins at this time, wait until the mempool starts to clear and transaction fees go down before moving your bitcoins to a SegWit address or SegWit friendly exchange.
BEYOND SEGWIT - BATCHING, PAYMENT CHANNELS, LIGHTNING
Batching is another great way that exchanges can reduce their fees. See: Saving up to 80% on Bitcoin transaction fees by batching payments. Despite the benefits of batching, some exchanges have been slow to implement it. Users should demand this or walk.
Beyond SegWit & Batching, Lightning Network integration will have even more effect. Lightning is now active and exchanges could setup payment channels between each other so that on-chain transactions need not take place. Some ideas have to outline how that might work are here: Google Doc - Lightning Exchanges. Which two bitcoin exchanges will be the first to establish a lightning channel between themselves and offer free/instant transfers between them for their customers? This will happen in 2018
MEMPOOL/SEGWIT STATISTICS
NEWS/DEVELOPMENTS/VICTORIES
SELECTED TOP EXCHANGES BY BATCHING & SEGWIT STATUS
Exchange Segwit Status Batching Status
Binance NOT READY Yes
Bitfinex Ready Yes
Bitonic Ready Yes
Bitstamp Deployed Yes
Bittrex ? Yes
Coinbase/GDAX NOT READY No
Gemini Ready No
HitBTC Deployed Yes
Huboi ? ?
Kraken Deployed Yes
LocalBitcoins Deployed Yes
OKEx ? ?
Poloniex ? Yes
QuadrigaCX Deployed Yes
Shapeshift Deployed No
Note: all exchanges that have deployed SegWit are currently only sending to p2sh SegWit addresses for now. No exchange will send to a bech32 address like the ones that Electrum generates
Source 1: BitcoinCore.org
Source 2: /Bitcoin
Official statements from exchanges:
SELECTED WALLETS THAT HAVE SEGWIT ALREADY
Make sure you have a SegWit capable wallet installed and ready to use for your next bitcoin transaction
SegWit Enabled Wallets Wallet Type
Ledger Nano S Hardware
Trezor Hardware
Electrum Desktop
Armory Desktop
Edge iOS
GreenAddress iOS
BitWallet iOS
Samourai Android
GreenBits Android
Electrum Android
SegWitAddress.org Paper
FAQs
If I'm a HODLer, will it help to send my BTC to a SegWit address now?
No, just get ready now so that your NEXT transaction will be to a SegWit wallet. Avoid burdening the network with any unnecessary transactions for now.
Why is SegWit adoption going so slowly? Is it a time-consuming process, is there risk involved, is it laziness, or something else?
SegWit will require some extra work to be done right and securely. Also, most exchanges let the user pay the fee, and up to now users have not been overly concerned about fees so for some exchanges it hasn't been a priority.
Once Segwit is FULLY adopted, what do we see the fees/transaction times going to?
Times stay the same - fees will go down. How much and for how long depends on what the demand for transactions will be at that time.
What determines bitcoin transaction fees, to begin with?
Fees are charged per byte of data and are bid up by users. Miners will typically include the transaction with the highest fee/byte first.
Can you please tell me how to move my bitcoins to SegWit address in Bitcoin core wallet? Does the sender or receiver matter?
The Bitcoin core wallet does not yet have a GUI for its SegWit functionality. Download the latest version of Electrum to generate a SegWit address.
A transaction between two SegWit addresses is a SegWit transaction.
A transaction sent from a SegWit address to a non-SegWit address is a SegWit transaction.
A transaction sent from a non-SegWit address to a SegWit address is NOT a SegWit transaction. You can send a SegWit Tx if the sending address is a SegWit address.
Source: HowToToken
What wallet are you using to "batch your sends"? And how can I do that?
Using Electrum, the "Tools" menu option: "Pay to many".
Just enter your receive addresses and the amounts for each, and you can send multiple transactions for nearly the price of one.
Why doesn't the Core Wallet yet support SegWit?
The Core Wallet supports SegWit, but its GUI doesn't. The next update will likely have GUI support built-in
Why isn't a large exchange like Coinbase SegWit ready & deployed when much smaller exchanges already are? Why do they default to high fees? Where is the leadership there?
Draw your own conclusions based on their own words:
March 2016 - Coinbase CEO Brian Armstrong has reservations about Core
Dec 2017 - Coinbase is STILL working on Segwit
P2SH/bech32 FAQs
What are the two SegWit address formats and why do they exist?
It's been a challenge for wallet developers to implement SegWit in a way that users can easily and without too much disruption migrate from legacy to SegWit addresses. The first wallets to enable SegWit addresses – Ledger, Trezor, Core, GreenAddress – use so-called “nested P2SH addresses.” This means they take the existing Pay 2 Script Hash address – starting with a “3” – and put a SegWit address into it. This enables a high grade of compatibility to exist wallets as every wallet is familiar with these addresses, but it is a workaround which results in SegWit transactions needing around 10 percent more space than they otherwise would.
Electrum 3.0 was the first wallet to use bech32 addresses instead of nested p2sh addresses.
Source: BTCManager.com
What is the difference in address format between SegWit address formats P2SH and bech32?
P2SH starts with "3..."
bech32 starts with "bc1..."
Which addresses can I send from/to?
P2SH Segwit addresses can be sent to using older Bitcoin software with no Segwit support. This supports backward compatibility
bech32 can only be sent to from newer Bitcoin software that support bech32. Ex: Electrum
Source: BitcoinTalk.org
Why did ThePirateBay put up two Bitcoin donation addresses on their frontpage, one bech32 and one not?
The address starting with a "3..." is a P2SH SegWit address that can be sent BTC from any bitcoin address including a legacy address. The address starting with a "bc1..." is a bech32 SegWit address that can only be sent to from newer wallets that support bech32.
SEGWIT BLOG GUIDES
PREVIOUS DAY'S THREADS
There's lots of excellent info in the comments of the previous threads:
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Stellar Lumens HODL alert: 2017 Round up, Partnerships, Lumens vs. Other Cryptos

Welcome everyone! The future of Stellar Lumens is bright! Today we will look at the accomplishments of Stellar.org in 2017.
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2017 Round Up
IBM / Stellar Partnership
• Kik Messenger’s KIN coin to move from Ethereum to Stellar in 2018
• Stellar ATM introduced in Singapore
• Jed McCaleb confirms IBM/Stellar has 30 banks on board (Youtube Video)
Lightyear.io enables forward thinking financial entities to easily join the Stellar ecosystem.
• IBM adds 8 new validators from 8 different countries onto the Stellar network (article)
Forbes calls Stellar “venmo, but on a global scale - and for larger bodies like banks and corporations.”
• Stellar Lumens Is Up 6,300% Since March and Is Aiming for Big Blockchain Partners (article)
• Many new partnerships (listed below) that will be using the Stellar network in 2018.
Binance and GoPax Exchanges Adds Stellar
Ledger Nano S support is now available for Lumens (XLM)
• The next coin to break into the top 10 cryptos (article)
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2017 Partnerships & Financial Institutions
IBM - is an American multinational technology company headquartered in Armonk, New York, United States, with operations in over 170 countries. IBM partnered with Stellar to help financial institutions address the processes of universal cross-border payments, designed to reduce the settlement time and lower the cost of completing global payments for businesses and consumers.
SatoshiPay - a web payment system that helps online publishers monetize digital assets like news articles, videos, or PDFs in tiny increments without friction.
EXCH.ONE - is a FinTech software company based in Switzerland currently working to integrate its platform and its first technology adopter Euro Exchange Securities UK Ltd. into the Stellar network. This addition to the Stellar network will bring access to currency markets of South and Central America,UK and a number of EU countries.
Novati (ASX:NOV) - is an Australian-based software technology and payment services provider. Novatti is currently working to integrate it’s platform into the Stellar network with the ultimate aim to build a global money transfer solution to provide cross border, cross currency and cross asset payments.
Pundi X - is an Indonesia based fintech company that provides POS device, debit card, multi-currency wallet that empowers individuals to buy and sell cryptocurrency at any physical store in the world. They say "buying cryptocurrency should be as easy as buying a bottled water."
MoneyMatch - is a Malaysia based fintech startup that provides a fully-digital peer-to-peer currency exchange platform for customers to transfer and exchange foreign currencies with complete ease and at great value. The company plans to integrate with the Stellar network and enable pay in and pay out from Malaysia.
Streami - is a Korea based fintech company that offers blockchain enabled cross-border remittance service and recently launched a cryptocurrency exchange. The partnership extends both on the exchange side and remittance operations.
Neoframe - is developing and marketing trading solutions for big brokerage firms in Korea and extends its business to blockchain based applications. Neoframe developed high performance centralized cryptocurrency exchange as well as secure wallet solutions and is working with big financial players. The company is planning to launch a remittance business for ASEAN countries (Thailand, Vietnam, Indonesia, Malaysia, Philippines, Singapore, Myanmar (Burma), Cambodia, Laos, Brunei) using Stellar.
SureRemit($RMT) - is a Nigeria based global non-cash remittances company. SureRemit leverages the Stellar blockchain platform to connect immigrants abroad directly with merchants that provide the services needed by their loved ones back home. With Remit tokens, immigrants all over the world can access digital shopping vouchers that can be spent on goods and services at accepting merchants wherever they are.
Cowrie Integrated Systems - is a Nigerian based Value Added Service Provider. Cowrie provides services at the intersection between telecoms and finance. Cowrie recently joined the Stellar network to bring novel fintech services to the African market.
Smartlands - is a Stellar-based platform designed to create a new class of low-risk tokens, secured by real, profitable assets in the real-world economy. Smartlands is designed to promote investments in the agricultural sector by allowing investment in individual projects, agricultural companies or indexes of groups of projects. These investments will be fully collateralized by agricultural real estate, other productive assets such as fruit or nut trees or, in some cases, the actual crop.
Klick-Ex - is an award winning regional cross-border payments system delivering financial infrastructure for emerging markets. It has been responsible for dramatic uptake in digital financial services in unbanked regions of the world, and lowering costs for banks, central banks and consumers in low liquidity currencies. Its key presence is in the Pacific and Europe, and it is a founding member of www.APFII.org processing more than 775,000 transactions per second, per billion of population (source).
Mobius - Mobius connects any app, device, and data stream to the blockchain ecosystem. Our simple and easy to use bidirectional API allows non-blockchain developers to easily connect resources to smart contracts and more. The Mobius MVP acts like Stripe for Blockchain by introducing innovative standards for cross-blockchain login, payment, smart contract management, and oracles. The Mobius Team includes David Gobaud, Jed McCaleb (Stellar.org founder), Jackson Palmer (creator of Dogecoin), and Chandler Guo (notorious Bitcoin & blockchain investor).
Chaineum - Chaineum, the first French ICO Boutique, will use the Stellar network for upcoming ICOs. “Chaineum is positioned as the first “ICO Boutique” in France, providing a range of end-to-end services to companies and international start-ups wishing to develop with this new funding mechanism. Chaineum is preparing 8 ICOs by the end of 2017, for European, North American and Asian companies, of which cumulative amount could reach € 200 million." (source)
Poseidon Foundation - Poseidon will simplify the carbon credit market with the creation of an ecosystem built on Stellar.org’s blockchain technology. This technology will prevent double counting of carbon and will be consistent across jurisdictions, making it easier for companies to deliver and measure progress towards their climate targets or other goals such as deforestation-free commitments.
Remitr - Remitr is a global platform for cross border payments, licensed in Canada. Remitr uses the Stellar network for international settlements for businesses as well as other payment partners. Remitr’s own payout network of 63 countries, comprising several currencies, is extended onto the Stellar network.
MSewa Software Solution (MSS) - MSewa Software Solution (MSS) Payments provides a one-stop digital payment service available across the Globe. MSS Payments aims at serving the consumers (Banked, Unbanked and Underbanked) with mobile banking facilities on the move from anywhere by transferring funds in their mobile phone.
PesaChoice - PesaChoice is a leader in international bill payment services for the African diaspora. PesaChoice aims at making international bill payment process easy, seamless, secure, with reasonable and competitive service fees, and up to date technological advances.
SendX - Singapore based SendX, in partnership with Stellar, is the better way to move money worldwide. The SendX team believes that the future of transactions is decentralized and distributed, bringing true equity to everyone across the value chain.
VoguePay - VoguePay, with offices in the United Kingdom and Nigeria, is partnering with Stellar to become the cheapest and most efficient way to send money between the United Kingdom and Nigeria. In the coming months, they expect to expand this service to other selected African countries.
HashCash - Hashcash consultants build financial solutions for banks and financial institutions over blockchain. We leverage the Stellar platform to build products that vastly improve the remittance and payments experience for banks and their customers. Transfers happen lightning fast at a fraction of current rates and operational cost is significantly reduced. HashCash is headquartered in India, with operations across South Asia and the Gulf.
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Stellar Lumens vs Other Cryptocurrencies
Lumens vs. Bitcoin: Jed McCaleb spoke at Distributed Markets in 2017 about the advantages, but more importantly, the disadvantages of Bitcoin. Listen to the talk here. Jed said, “Bitcoin is this awesome innovation. The first thing it does is converts a real world resource, electricity, into a digital asset. So it takes something from the real world and puts it into the digital realm. The second thing it does is provides immutable public record. It’s basically a database that everyone can see but no one change arbitrarily… That’s great, Bitcoin solves the double spin problem [ of proving possession and transmitting volume]… [However, to fix the problems of bitcoin] you might think well maybe we’ll just kind of keep adding [software] to Bitcoin until we get there, but that’s not really the way software works. You want to have the design from the beginning and solve these simple issues. Bitcoin was designed to be a new currency, it wasn’t really designed to be this unifying universal payment network. So that’s what Stellar does. It solves these three remaining issues.”
Lumens vs. Bitcoin #2: According to wired.com, "Bitcoin mining guzzles energy - and it's carbon footprint just keeps growing." Wired says "Today, each bitcoin transaction requires the same amount of energy used to power nine homes in the US for one day... The total energy use of this web of hardware is huge—an estimated 31 terawatt-hours per year. More than 150 individual countries in the world consume less energy annually. And that power-hungry network is currently increasing its energy use every day by about 450 gigawatt-hours, roughly the same amount of electricity the entire country of Haiti uses in a year." Because Stellar is based on a consensus algorithm rather than mining, it takes much less energy to run the Stellar network. The Poseidon Foundation decided to build their platform on Stellar rather than Ethereum or Bitcoin because of this (twitter source).
Lumens ICO tokens vs. Ethereum ICO tokens: According to Stellar.org, "traditionally, ICO tokens have been issued on the Ethereum network in the form of ERC20 tokens. ERC20 tokens are easy to issue and are infinitely customizable using Ethereum’s smart contracting language. However, recent events have highlighted and exacerbated some weaknesses of the network, including slow transaction processing times for the network during ICOs and increasingly expensive gas prices (by fiat standards) for transactions and smart contract execution. Moreover, many organizations require only basic tokens; they adopt the risk of Ethereum’s Turing complete programming language without taking advantage of many of its benefits."
"While Ethereum has the most expressive programming capabilities, we believe Stellar is the best choice for ICOs that do not require complex smart contracts. Stellar’s primary goal is to facilitate issuing and trading tokens, especially those tied to legal commitments by known organizations, such as claims on real-world assets or fiat currency."
Stellar vs. Ethereum #2: The median transaction time on Stellar is 5 seconds, compared to approximately 3.5 minutes on Ethereum (source). Stellar has a negligible transaction fee (.00001 XLM ~= $0.0000002) with no gas fee for computation, while depending on the complexity of the computation, the median cost for a transfer on the Ethereum network is $0.094. Security: While both Stellar and Ethereum run on a decentralized network, the Stellar network has fewer security pitfalls. Stellar uses atomic transactions comprised of simple, declarative operations while Ethereum uses turing complete programming capabilities which produces less auditable code and greater risk of exploitable vulnerabilities (source). Recently, a security flaw in the Ethereum network froze millions of dollars. According to Mobius ariticle written by David Gobaud, "On November 6, 2017, Github user deveps199 'accidentally' triggered a bug in Parity, a popular Ethereum mult-sig wallet, that froze more than $152 million in Ether across 151 addresses. The bug impacted several token sales including Polkadot, which has had ~$98 million out of its recent $145 million sale frozen."
"Mobius had none of its ongoing pre-sale Ether frozen because we do not trust Ethereum’s Smart Contract based multi-sig wallets given the vast Turing complete attack surface and did not use one. Security broadly is one of the main reasons the MOBI token that powers the DApp Store is a Stellar Protocol token and not an Ethereum token."
Lumens vs. Ripple: According to Wall Street Bitcoin Exchange, "Many investors like to compare the company [Stellar] to Ripple, and there are a lot of similarities, being that some of the founders worked on the Ripple team. In what can now be looked at as another blockchain development drama that plays out on chat boards and in interviews all across the globe. Stellar declared they fixed Ripple’s problems with their hard fork, however, Ripple has failed to admit to any of the flaws in its design that the Stellar team has pointed out." The article concludes by saying, "We Choose XLM Over XRP For 2018. That is why we are going with Stellar Lumens over Ripple in our portfolio for the rest of 2017 and 2018. After holding Ripple for a long time this year, it just never seems to make the big break like other names with bigger market caps like Bitcoin Cash, Dash, and Litecoin have. While we are holding on most all our larger market caps, we feel that Stellar Lumens will be one of the break out coins for 2018."
.
.
Conclusion
The stellar.org team is doing an amazing job making partnerships and pioneering the use of blockchain technology for various types of transactions. What we are seeing is a new technology that can actually be used to solve real-world problems. As a community, we need to continue supporting Stellar and we will quickly see it power transactions across the world. What are your thoughts about Stellar? What do you see in the future of Stellar? Any important news you want to share? Comment below.
submitted by chargingerman to Stellar [link] [comments]

CryptoKitties Ran Wild on Ethereum First. Now Tether Is Clogging the Digital Ledger

The digital ledger behind the supposed better version of Bitcoin is running out of capacity.
That was the warning last week from Ethereum co-founder Vitalik Buterin, who noted that the cost of processing transactions done in the digital token Ether on the underlying blockchain may get too expensive for some users.
Ether’s network utilization has spiked into the 90% level, according to tracker Etherscan. As utilization increases, transactions costs could follow suit, possibly making potential corporate users hesitate to use Ethereum, Buterin said.
Almost two years ago, Ethereum was getting clogged up as the digital game CryptoKitties took off. Then thousands of initial coin offerings, which turned out to be mostly scams, took up space on the network. More recently, though, as a majority of the ICOs went bust, a new tenant is taking over Ethereum: The controversial coin known as Tether.
In the last 30 days, Tether paid computers which process transactions on Ethereum’s digital ledger $260,000 in fees, according to data researcher Ethgasstation. That’s about 17.5 times more than CryptoKitties and six times more than the world’s largest distributed exchange, IDEX.
Tether’s use has been growing, as more of the coin has been issued. Its market capitalization recently passed $4 billion, up from $2.7 billion a year ago, according to CoinMarketCap. And at least 40% of all Tether runs on the Ethereum network, John Griffin, a finance professor at University of Texas at Austin, estimated in July. Tether was used in 40% and 80% of all transactions on two of the world’s top crypto exchanges, Binance and Huobi, respectively, Coin Metrics said recently.
As Tether takes up more capacity, that leaves less for other developers. Ethereum was touted by enthusiasts when it was created as a better Bitcoin—one with extra features that would let people automate tasks and even set up so-called autonomous corporations, ones that run themselves via software. But most of the most popular so-called dapps—apps designed for such networks—currently run on competing digital ledgers, according to tracker DappRadar.
Some developers are staying away from Ethereum for now, waiting for it to tweak its technology to increase network capacity, said Jeff Dorman, chief investment officer at Arca, a Los Angeles-based asset manager that invests in cryptocurrencies and other digital tokens.
“So the biggest implication today is simply that developers may be incentivized to wait until this transition happens before fully committing to build on Ethereum,” Dorman said. “Tether isn’t helping.”
Ethereum is still working to figure out how to get to its ambitious vision of Ethereum 2.0—requiring a major overhaul of its technology that some worry may not even work.
While Ethereum currently employs computers called miners to verify transactions—a setup Bitcoin uses as well—it’s moving to so-called staking, a completely different way of verifying transactions. Techniques such as sharding, in which certain groups of computers keeping track of only certain transactions versus all transactions on the network—should help as well. But this technological transition “is not a guarantee and is still on the horizon,” Dorman said.
“The Ethereum blockchain has been ‘almost full for years,”’ Buterin said in an email to Bloomberg. “I think it’s still good to develop apps, but anything substantial should be developed with scalability techniques in mind, so that it can survive higher transaction fees that would come with further growing demand for Ethereum. In the longer term, Ethereum 2.0’s sharding will of course fix these issues.”
The number of Ethereum transactions is actually down from their peak in January 2018, according to Etherscan. Average Ethereum transaction fees are still many times lower than Bitcoin’s, but they’ve been volatile, according to BitInfoCharts.
Tether was introduced in 2015 as a way to provide liquidity to exchanges because lingering concerns about illegal uses have made it difficult for them to secure banking services. New York’s attorney general in April accused the companies behind Tether of engaging in a cover-up to hide losses and co-mingling client and corporate funds.

More must-read stories from Fortune:

—How Reliance Jio became India’s wireless wonder
—Google is cracking down on [internal political debates
](https://fortune.com/2019/08/23/google-workers-political-debates-internal-policy/)—[Apple card review](https://fortune.com/2019/08/22/apple-credit-card-review/): A (mostly) rewarding way to pay
—No humans needed: Chinese company uses [A.I. to read books and the news
](https://fortune.com/2019/08/24/sogou-ai-newsreader-author-initiative/)—ProPublica: How Amazon and Silicon Valley [seduced the Pentagon
](https://fortune.com/2019/08/22/amazon-bezos-silicon-valley-pentagon-defense/)_Catch up with[_Data Sheet](https://cloud.newsletters.fortune.com/fortune/nloptin?nl=DATA_SHEET&source=LinkStack)_, Fortune’s daily digest on the business of tech._
* More Details Here
submitted by acerod1 to Business_Analyst [link] [comments]

Cryptocurrency and Blockchain – Industry News – (07.05.19 – 07.12.19)

Total Market Cap, as of 07.12.19 at 12:00pm (PST): U.S. $320,641,857,854 (+ 0.47%)

Missed last week’s update? Click here

STORY OF THE WEEK

• Japanese cryptocurrency exchange Bitpoint has suspended services due to a 3.5 billion-yen (U.S. $32 million) hack on its hot wallets. Of the 3.5 billion yen, 2.5 billion were customer funds.

CRYPTOCURRENCY TRADING SERVICES

KuCoin launches KuMEX, a platform offering bitcoin derivatives (perpetual contracts) with leverage up to 20x.
Shapeshift launches custodial platform to allow users to trade crypto whilst having full custody of his/her own private keys.
• On July 8th, 2019, Polish crypto exchange BitMarket abruptly shuts down citing liquidity issues.
Binance lowers ethereum and erc-20 block confirmations down from 30 to 12 for deposits and withdrawals to and from the platform. Bitcoin transactions are down from 2 to 1.
Poloniex launches fiat-to-crypto trading and credit card purchases for crypto.
Binance launches margin trading for Bitcoin (BTC), Binance Coin (BNB), Ethereum (ETH), XRP, Tether (USDT), and Tron (TRX). The platform will initially support up to 3x leverage, with the intention to eventually offer up to 20x leverage.

REGULATION

India’s Ministry of Home Affairs to offer specialized trading sessions dubbed “Investigation of Cases Involving Cryptocurrencies” to help law enforcement combat cryptocurrency related scams.
The Inland Revenue Authority of Singapore (IRAS) proposes a Goods and Sales Tax (GST) exemption scheduled to go into effect on January 1st, 2020 for cryptocurrencies that are designed as a medium of exchange.
Blockstack becomes the first to receive approval from the U.S. Securities and Exchange Commission (SEC) to move forward with its token offering under a Reg A+ listing.
• Amendments to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act of Canada require Canadian and foreign platforms dealing with cryptocurrency to implement full-scale compliance procedures and to report all deposits and withdrawals that are CA $10,000 or more.

TECHNOLOGY

Samsung releases an ethereum software development kit (SDK) for android developers. The kit provides tools to make it easier to build decentralized applications and the ability to leverage a payment gateway for cryptocurrency remittances.

INSTITUTIONALIZATION

• No significant developments this week pertaining to institutional players in the space

PEOPLE

Fidelity Digital Assets updates its hiring board to onboard 10 blockchain based job positions. Specifically, the firm is looking for a vice president, director, leading software engineer, blockchain software engineer, product designer and various other roles.
Bitstamp hires ex. Gemini compliance executive Caitlin Barnett to serve as its new U.S. Chief Compliance Officer.

TWITTER

@realDonaldTrump– “I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity....”
@jespow – “If you study crypto, you will find much to agree with. Crypto is about personal responsibility and choice. It is about free markets and competition. It is about mathematical, verifiable, perfectly enforceable regulation. Crypto is to commerce what Twitter is to speech: democracy.”
@APompliano – “It’s a store of value” — Jerome Powell, Chairman of the Federal Reserve talking to the Senate Banking Committee about Bitcoin THE VIRUS IS SPREADING 🔥”
submitted by Edmund_N to CryptoCurrency [link] [comments]

Cryptocurrency and Blockchain – Industry News – (07.05.19 – 07.12.19)

Total Market Cap, as of 07.12.19 at 12:00pm (PST): U.S. $320,641,857,854 (+ 0.47%)

Missed last week’s update? Click here

STORY OF THE WEEK

• Japanese cryptocurrency exchange Bitpoint has suspended services due to a 3.5 billion-yen (U.S. $32 million) hack on its hot wallets. Of the 3.5 billion yen, 2.5 billion were customer funds.

CRYPTOCURRENCY TRADING SERVICES

KuCoin launches KuMEX, a platform offering bitcoin derivatives (perpetual contracts) with leverage up to 20x.
Shapeshift launches custodial platform to allow users to trade crypto whilst having full custody of his/her own private keys.
• On July 8th, 2019, Polish crypto exchange BitMarket abruptly shuts down citing liquidity issues.
Binance lowers ethereum and erc-20 block confirmations down from 30 to 12 for deposits and withdrawals to and from the platform. Bitcoin transactions are down from 2 to 1.
Poloniex launches fiat-to-crypto trading and credit card purchases for crypto.
Binance launches margin trading for Bitcoin (BTC), Binance Coin (BNB), Ethereum (ETH), XRP, Tether (USDT), and Tron (TRX). The platform will initially support up to 3x leverage, with the intention to eventually offer up to 20x leverage.

REGULATION

India’s Ministry of Home Affairs to offer specialized trading sessions dubbed “Investigation of Cases Involving Cryptocurrencies” to help law enforcement combat cryptocurrency related scams.
The Inland Revenue Authority of Singapore (IRAS) proposes a Goods and Sales Tax (GST) exemption scheduled to go into effect on January 1st, 2020 for cryptocurrencies that are designed as a medium of exchange.
Blockstack becomes the first to receive approval from the U.S. Securities and Exchange Commission (SEC) to move forward with its token offering under a Reg A+ listing.
• Amendments to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act of Canada require Canadian and foreign platforms dealing with cryptocurrency to implement full-scale compliance procedures and to report all deposits and withdrawals that are CA $10,000 or more.

TECHNOLOGY

Samsung releases an ethereum software development kit (SDK) for android developers. The kit provides tools to make it easier to build decentralized applications and the ability to leverage a payment gateway for cryptocurrency remittances.

INSTITUTIONALIZATION

• No significant developments this week pertaining to institutional players in the space

PEOPLE

Fidelity Digital Assets updates its hiring board to onboard 10 blockchain based job positions. Specifically, the firm is looking for a vice president, director, leading software engineer, blockchain software engineer, product designer and various other roles.
Bitstamp hires ex. Gemini compliance executive Caitlin Barnett to serve as its new U.S. Chief Compliance Officer.

TWITTER

@realDonaldTrump– “I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity....”
@jespow – “If you study crypto, you will find much to agree with. Crypto is about personal responsibility and choice. It is about free markets and competition. It is about mathematical, verifiable, perfectly enforceable regulation. Crypto is to commerce what Twitter is to speech: democracy.”
@APompliano – “It’s a store of value” — Jerome Powell, Chairman of the Federal Reserve talking to the Senate Banking Committee about Bitcoin THE VIRUS IS SPREADING
submitted by Edmund_N to CryptoMarkets [link] [comments]

Groestlcoin Release September 2018

Introduction

As always, the past 3 months since 22nd June have been crazy busy. The bears might still be around, but the show must go on and of course has not slowed the Groestlcoin development team in the slightest. Here’s a quick overview of what has already happened since the last release: - Integrated into the bitbns exchange, with the ability to buy Groestlcoin directly with the Indian Rupee. - Groestlcoin Rebrand Vote – Whilst there was much talk and push for a rebrand vote, the overall result was almost unanimously in favour of keeping our unique and conversation-starting name. With just 83 votes to Rebrand, and 2577 votes to No Rebrand. Thank you for all who voted, the funds raised are being used to fund ongoing hosting and development costs. - Integrated into the Cryptobridge exchange. Cryptobridge is a popular decentralised exchange where you always hold the private keys to your funds, only YOU have access to them. - Groestlcoin has been added to SimpleSwap – Groestlcoin can now be swapped with over 100 other cryptocurrencies, without signing up! - Groestlcoin has been added to UnoDax, one of the leading cryptocurrency exchanges in India, with TUSD, BTC and INR trading pairs. - Groestlcoin has been added to SwapLab.cc, where you can buy Groestlcoin using Bitcoin and over 50 other altcoins. Purchasing with VISA/Mastercard is coming VERY SOON. Discussed later: - Groestlcoin has been listed on #3 largest exchange in the world on volume, Huobi Global! More on this to come further on in the announcements. - Groestlcoin has been added to the Guarda Multi-Currency Wallet. - Groestlcoin has been added to Melis Multi-Device, Multi-Account, Multi-Platform, Multi-Signature advanced wallet! Already this list is far more than most other cryptocurrencies have achieved in the past 3 months. But this is just the tip of the iceberg of what has been developed.

What's been Happening?

GRSPay Released

We are so excited for this, that it has it's own separate reddit thread. Head over there now at https://www.reddit.com/groestlcoin/comments/9ikr5m/groestlcoin_releases_grspay/? to see more on this!
https://www.melis.io/assets/logo-navbar-4b6f0d372f15b2446d3fa4c68f346e4fb08ee113941186cee58fd6135f3f8b7d.svg

Melis Wallet

The the most advanced wallet for Bitcoin, Bitcoin Cash, Litecoin and now Groestlcoin.
With Melis you have the complete control of your bitcoins and private keys, you can define spending limits policies and make use of two or more factors authentication. Melis is open source, published on GitHub.

How Melis Works?

You can create as many accounts as you want. An account is a part of your wallet that can be customised to your requirements. You can choose how many co-signers are required to spend funds. The accounts are completely independent and act like separate wallets from each other but can be accessed via the same details. A core feature of Melis is the ability to set a ‘primary’ device. With this you can set an account as ‘Secure’ so it is only viewable (and accessible at all) from the Primary device. You can have a savings account hidden from the outside world whilst also having your ‘spending’ funds available on the go. With Melis you can create a multi-signature account between N people, where up to N signatures are required to sign a transaction, choosing if any of those should be mandatory.
Core Features:
https://guarda.co/assets/images/1PGo4ID.svg?1537791124643

Guarda Wallet

Safer than ever! Desktop Light Wallet - Anonymous and fast!
With Guarda Multi-currency Desktop Light Wallet you don’t need to register. Guarda has no access to your private keys or funds. You can receive, send, store, buy and exchange cryptocurrencies in complete anonymity and safety. All these features are available on Linux, Windows or MacOS. Choose the one that suits you!
More info about Guarda wallet on www.guarda.co
https://holytransaction.com/images/logo.png

Integrated into HolyTransaction

What is HolyTransaction?

HolyTransaction gives users access to the crypto world with a universal cryptocurrency wallet and instant exchange.

Features

For more information, visit Holy Transaction here.
https://www.groestlcoin.org/wp-content/uploads/2018/09/next-grs-groestlcoin.jpg

Integrated into NEXT Wallet

What is NEXT?

NEXT is a modern, next-generation stylish open-source Desktop wallet.

Features

For more information, visit NextWallet here.
https://blockchainfinancial.com/mediaserve2018/09/admin-06143647-bcf_logo_vec_256x256.png

Integrated into Blockchain Financial

What is Blockchain Financial?

Blockchain Financial is a set of web based services for individuals and companies that want to make things happen with the Cryptocurrencies Ecosystem. - For those that don't know anything about cryptocurrencies, we offer tools that will let them receive, send and operate with an assortment of coins. - For those that are already riding the wave, we offer tools that will let them do all those things that they weren't able to do.

Blockchain Financials mission

We're not here to reinvent the wheel. We're here to make it run smoother for you, and we provide some of the most useful services you'll find on the internet, made in a way that is easy to understand and use on a daily basis. In short, we're a bunch of people that claim to be Crypto Evangelists. We strongly believe in cryptocurrencies, and our main promise is to push them up so more people get involved and take all the advantages they offer.

More information from Blockchain Financial

Back in 2014, the world was taken by storm when Facebook approved the first cryptocurrencies tipping apps. The first was for Dogecoin, and the second was for multiple coins.
The project was hosted on whitepuma.net, and persisted for almost two years, built up a massive user community and gave a home to Bitcoin, Litecoin, Dogecoin and dozens of other bitcoin-based altcoins.
After very active months, the tipping hype started to fade away. Then, the developers decided to jump into the next stage: bringing not only tipping, but also mining and a widget that could be embedded on websites to allow everyone to accept payments. Sadly, the work was never completed because the project started to require an unsustainable amount of resources. Then, in a painful decision, a shutdown was announced by December 2015.
A couple of months after whitepuma.net was closed, the source code was released by its creator as Open Source on GitHub. But it wasn't maintained.
Now, some of the original members of the dev and admin teams gathered up with a handful of the WhitePuma's elite users, and decided to make something good with the best pieces of the old source code. That, with fresh new ideas and the power of the BardCanvas engine, synthesized the core of Blockchain Financial.
More info about Blockchain Financial wallet on .
For more information, visit [Blockchain Financial](www.blockchainfinancial.com)
https://www.huobi.com/image/logo.aeb4723.svg

Groestlcoin Listed on Huobi

Who are Huobi?

Huobi was founded in China and is now based in Singapore, with offices in Hong Kong, South Korea, Japan and the North America, currently sitting #3 in volume on Coinmarketcap. Huobi is a great leap forward for our growing presence in Asia and we are very excited to be listed here!
You can find the official Huobi announcement here.

Groestlcoin Core v2.16.3 - Please Update ASAP

A new major Groestlcoin Core version 2.16.3 is now available for download which includes both a Denial of Service component and a critical inflation vulnerability, so it is recommended to upgrade to it if you are running a full Groestlcoin node or a local Groestlcoin Core wallet.
v2.16.3 is now the official release version of Groestlcoin Core. This is a new major version release with a very important security updates. It is recommended to upgrade to this version as soon as possible. Please stop running versions of Groestlcoin Core affected by CVE-2018-17144 ASAP: These are 2.13.3 and 2.16.0.
As a result in this, all exchanges and services have been asked to upgrade to this version, so please be patient if wallets go in to maintenance mode on these services.

What's new in version v2.16.3?

This is a major release of Groestlcoin Core fixing a Denial of Service component and a critical inflation vulnerability (https://nvd.nist.gov/vuln/detail/CVE-2018-17144) exploitable by miners that has been discovered in Groestlcoin Core version 2.13.3 and 2.16.0. It is recommended to upgrade to 2.16.3 as soon as possible. If you only occasionally run Groestlcoin Core, then it's not necessary to run out and upgrade it right this second. However, you should upgrade it before you next run it. If you know anyone who is running an older version, tell them to upgrade it ASAP. Stored funds are not at risk, and never were at risk. At this time we believe over half of the Groestlcoin hashrate has upgraded to patched nodes. We are unaware of any attempts to exploit this vulnerability. However, it still remains critical that affected users upgrade and apply the latest patches to ensure no possibility of large reorganizations, mining of invalid blocks, or acceptance of invalid transactions occurs.

The Technicals

In Groestlcoin Core 2.13.3, an optimization was added (Bitcoin Core PR #9049) which avoided a costly check during initial pre-relay block validation that multiple inputs within a single transaction did not spend the same input twice which was added in 2012 (Bitcoin Core PR #443). While the UTXO-updating logic has sufficient knowledge to check that such a condition is not violated in 2.13.3 it only did so in a sanity check assertion and not with full error handling (it did, however, fully handle this case twice in prior to 2.1.0.6). Thus, in Groestlcoin Core 2.13.3, any attempts to double-spend a transaction output within a single transaction inside of a block will result in an assertion failure and a crash, as was originally reported. In Groestlcoin Core 2.16.0, as a part of a larger redesign to simplify unspent transaction output tracking and correct a resource exhaustion attack the assertion was changed subtly. Instead of asserting that the output being marked spent was previously unspent, it only asserts that it exists. Thus, in Groestlcoin Core 2.16.0, any attempts to double-spend a transaction output within a single transaction inside of a block where the output being spent was created in the same block, the same assertion failure will occur. However, if the output being double-spent was created in a previous block, an entry will still remain in the CCoin map with the DIRTY flag set and having been marked as spent, resulting in no such assertion. This could allow a miner to inflate the supply of Groestlcoin as they would be then able to claim the value being spent twice.
Groestlcoin would like to publicly thank Reddit user u/Awemany for finding CVE-2018-17144 and reporting it (https://lists.linuxfoundation.org/pipermail/bitcoin-core-dev/2018-Septembe000064.html). You deserve gratitude and appreciation from cryptoworld, and you have ours. If you want to support him for his work, please consider donating to him on his bitcoin cash address: bitcoincash:qr5yuq3q40u7mxwqz6xvamkfj8tg45wyus7fhqzug5
http://i.imgur.com/3YhyNZK.png

Groestlcoin Electrum-GRS 3.2.2 - Ledger & Trezor Edition

What is Electrum-GRS?
Electrum-GRS is a lightweight "thin client" groestlcoin wallet Windows, MacOS and Linux based on a client-server protocol. Its main advantages over the original Groestlcoin client include support for multi-signature wallets and not requiring the download of the entire block chain.

Changes:

http://i.imgur.com/3YhyNZK.png

Electrum-GRS Mobile Android

What is Electrum-GRS Mobile?

Electrum-grs is a lightweight "thin client" groestlcoin wallet Android based on a client-server protocol. Its main advantages over the original Groestlcoin client include support for multi-signature wallets and not requiring the download of the entire block chain.

Changes

Groestlcoin EasyVanity Released

Groestlcoin EasyVanity is a Windows app is built from the ground-up in C# and makes it easier than ever before to create your very own bespoke Groestlcoin address(es), even whilst not connected to the internet! You can even generate multiple keys with the same prefix and leave it on overnight whilst your CPU or GPU collects and stores these addresses locally.
If you're tired of the random, cryptic addresses generated by regular groestlcoin clients, then Groestlcoin EasyVanity is the right choice for you to create a more personalized address.

Features

• Ability to continue finding keys after first one is found • Includes warning on startup if connected to the internet • Ability to output keys to a text file (And shows button to open that directory) • Ability to make your match case sensitive (Where possible) • Show and hide the private key with a simple toggle switch, and copy the private key straight to your clipboard • Show full output of commands • Includes statistics whilst the application is running • Ability to choose between Processor (CPU) and Graphics Card (GPU) • Automatically detects 32 or 64 bit systems • Features both a Light and Dark Material Design inspired Themes • EasyVanity's search is probabilistic, and the amount of time required to find a given pattern depends on how complex the pattern is, the speed of your computer, and whether you get lucky. • EasyVanity includes components to perform address searching on your CPU (vanitygen) and your OpenCL-compatible GPU (oclvanitygen). Both can be built from source, and both are included in the Windows binary package. • Prefixes are exact strings that must appear at the beginning of the address. When searching for prefixes, Easyvanity will ensure that the prefix is possible, and will provide a difficulty estimate. • The percentage displayed just shows how probable it is that a match would be found in the session so far. If it finds your address with 5% on the display, you are extremely lucky. If it finds your address with 92% on the display, you are unlucky. If you stop EasyVanity with 90% on the display, restart it, and it finds your address with 2% on the display, your first session was unlucky, but your second session was lucky. • EasyVanity uses the OpenSSL random number generator. This is the same RNG used by groestlcoin and a good number of HTTPS servers. It is regarded as well-scrutinized. Guessing the private key of an address found by EasyVanity will be no easier than guessing a private key created by groestlcoin itself. • To speed up address generation, EasyVanity uses the RNG to choose a private key, and literally increments the private key in a loop searching for a match. As long as the starting point is not disclosed, if a match is found, the private key will not be any easier to guess than if every private key tested were taken from the RNG. EasyVanity will also reload the private key from the RNG after 10,000,000 unsuccessful searches (100M for oclvanitygen), or when a match is found and multiple patterns are being searched for. • Free software - MIT. Anyone can audit the code. • Written in C# - The code is short, and easy to review.

Groestlcoin Sentinel (Android & Blackberry) – Mainnet + Testnet

What is Sentinel?

Groestlcoin Sentinel is the easiest and fastest way to track/receive/watch payments in your offline Groestlcoin Wallets. Groestlcoin Sentinel is compatible with any standard Groestlcoin address, BIP44 XPUB (Extended Public Key) BIP49 YPUB and BIP84 ZPUB
Groestlcoin Sentinel is a great solution for anyone who wants the convenience and utility of a hot wallet for receiving payments directly into their cold storage (or hardware wallets). Sentinel accepts XPUB's, YPUB'S, ZPUB's and individual Groestlcoin address. Once added you will be able to view balances, view transactions, and (in the case of XPUB's, YPUB's and ZPUB's) deterministically generate addresses for that particular wallet.

What's New?

The P2SH paperwallet supports creating P2SH paperwallets in bulk, keypair generation with QR codes and sweeping tool. Groestlcoin believes strongly in privacy, the live version does not collect and store IP or transaction data.
Changes
Features
The BECH32 paperwallet supports creating BECH32 paperwallets in bulk, keypair generation with QR codes and sweeping tool. Groestlcoin believes strongly in privacy, the live version does not collect and store IP or transaction data.
Features
![WebWallet](https://i.imgur.com/Z2oj7bj.png)

Groestlcoin Web Wallet Update 1.4

What is Groestlcoin Web Wallet?
Groestlcoin Webwallet is an open source, multisignature, HD Wallet and more! Webwallet is a a open source browser based Groestlcoin webwallet.
Webwallet is a playground for Groestlcoin in javascript to experiment with. It supports multisig, OP_HODL, RBF and many more. Groestlcoin believes strongly in privacy, the live version does not collect and store IP or transaction data.
Changes:
submitted by Yokomoko_Saleen to groestlcoin [link] [comments]

Cryptocurrencies are largely negative as Bakkt announces official December launch of Bitcoin futures trading

Crypto News

Sources:
https://www.ccn.com/caspian-ico-raises-19-5-million-for-institutional-crypto-trading-platform/ https://www.coindesk.com/fidelitys-blockchain-incubator-lead-just-went-full-crypto/ https://www.coindesk.com/htc-will-start-shipping-the-exodus-blockchain-phone-in-decembe https://cointelegraph.com/news/nyse-parent-company-reveals-launch-date-for-bitcoin-futures-on-bakkt-platform https://www.theice.com/publicdocs/futures_us/exchange_notices/ICE_Futures_US-Notice_BitcoinLaunch102218.pdf https://www.coindesk.com/bitcoin-futures-will-go-live-on-ices-crypto-trading-platform-in-decembe https://www.ccn.com/nyse-owners-bitcoin-futures-market-will-open-in-mid-decembe https://www.coindesk.com/payments-startup-square-is-open-sourcing-its-bitcoin-cold-storage-solution/ https://cointelegraph.com/news/national-bank-of-canada-pilots-blockchain-to-combat-complex-processes https://www.ccn.com/sec-suspends-cryptocurrency-related-otc-stock-for-false-claims/ https://cointelegraph.com/news/us-sec-suspends-securities-trading-of-nevada-based-firm-for-false-crypto-claims https://cointelegraph.com/news/govt-owned-holding-company-subsidiary-invests-in-binances-singapore-expansion https://www.coindesk.com/singapores-sovereign-fund-venture-wing-invests-in-binance/
submitted by QuantalyticsResearch to CryptoCurrency [link] [comments]

Vanbex Labs Q&A with Founder Lisa Cheng

Vanbex Labs Q&A with Founder Lisa Cheng

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Last Friday, we held a live Q&A session with our Founder, Lisa Cheng regarding any questions around our latest re-brand announcement. Our development and organization is evolving and Etherparty will now be officially called Vanbex Labs. We would like to thank everyone who sent in their questions regarding this exciting period on our Telegram channel. It's your support that drives us to deliver best-in-class products and services.
For those who did not have a chance to join us, below are the most important recaps.

What is the meaning of Labs in the new name?
The Vanbex Labs name comes from our desire to experiment, invent and develop with blockchain technology. Labs represents a bold and ambitious expansion on our services and products.

Can you tell us more about the security token platform?
Rocket 2.0 is in response to our anticipated shift in the market, as many of you know Etherparty was created out of Vanbex.

Our expertise has always been being first movers and innovators, to this end we are creating an autonomous security token platform that business as well as institutions will be able to use to create equities, asset backed assets on the blockchain our roadmap will include features such as voting, dividends, and payback

What’s the timeframe for Rocket 2.0 to arrive, many companies are busy with STO’s already.
There is certainly a lot of activity around Security Tokens out there which is great to see, clearly there is a very strong market need for platforms build around this new trend. Rocket 2.0 is well under way and will be released in early 2019, with features built to fit specific market demand.

What do you (Lisa) and Kevin see as the vision for Vanbex?
For myself I envision Vanbex's consulting division working with larger and more global projects, that leverage our historical experience of understanding the nuances in the blockchain industry

Our Vanbex Labs division will continue producing innovative solutions by leveraging the smart contract architecture that first originated with Rocket.

When will the rebrand kick in?
Rebranding is a lot of work, but we will be launching the new website and Vanbex Labs brand in Q1 2019.

Now that Etherparty is a part of Vanbex by name does the FUEL token get another function?
We definitely wanted to make sure there was no confusion around the role of FUEL, so thanks for bringing it up!

FUEL will actually be expanding as a Utility Token. As the projects and technology services of Vanbex Labs expand, so will the use of FUEL to power these services.

Do you think potential customers are waiting for Rocket 2.0 before they commit and launch?
Great question, although difficult to answer. We are always in meetings with new potential clients, and needs and requirements quickly evolve with the market. It’s hard to say definitely that X amount of customers are waiting, but the goal of Rocket 2.0 is to evolve to meet the needs of our current and future clients.
Also how is the adaptation to different blockchains coming along?
Thanks for the question! As you likely know, we currently support Ethereum and Bitcoin blockchains but have plans to expand. Right now we are considering the market fit and adoption for our next supported blockchain.

What are the plans for Vanbex reaching exchanges in India?
India is definitely a locale we have considered in the past, and continue to research into the future. We are always looking for the right exchanges to list FUEL, based on market demand and liquidity.

What is the plan or thought process for getting listed on Coinbase?
Great question. We are always exploring new exchanges for FUEL, but we need to make sure we are expanding at the right pace, into the right territories. We currently have a strong presence on Binance, which has been our focus.

We love coinbase, our relationship goes back a couple years and they have done lot for the blockchain/crypto industry. They are definitely on our radar, but we want to get the first version of Rocket 2.0 out and have them explore it.

The EU is a great market, have you thought about attending any events here?
We actually went to a ton of events over the course of 2018, some of the biggest in the blockchain space. European events are something we will look at for our attendance in the coming year.

Do you feel that you have been 100% transparent with us? If not, what are the reasons to hold things back?
Transparency is something that is extremely important to us and a we strive to keep the community informed of all the latest updates. However, our focus is always product development, which can lead to “downtime” between announcements as we work hard to build great things.

Could you elaborate on how those partnerships are coming along and what if any other partnerships are in the works?
Thanks for asking! Partnerships are something we are always pursuing, for our in-house products, clients, and business services. We are strong believers in the power of the blockchain community working together. There are several key partnerships we are working on behind the scenes, and as Vanbex Labs expands in the future expect to see news.

When do we get an updated roadmap?
An updated roadmap will be released in the near future, alongside more developments around the official Vanbex Labs rebrand.

How are Hero / Saturn coming along?
Hero and Saturn are still being explored internally from a market fit and brand perspective. Vanbex Labs is actually built to accommodate an expansion in product exploration and development, so there will be a lot more news around future products once the rebrand is completed.

How do you (Lisa) see Vanbex operating in the next few years?
That’s a tough question. The blockchain industry changes so much year-to-year. However, we are focused on keeping Vanbex at the forefront, especially when it comes to technology development. This is actually a big reason why we wanted to rebrand to Vanbex Labs, to focus on a broader set of products and blockchain tech services.

Do you have a plan on getting on Korean exchanges?
We are not exploring Korean exchanges right now, but this could change in the near future. We are always looking for new markets for our FUEL Token.

Other than the Security Token project, are there more projects in the pipeline?
That's a great question. Vanbex Labs reflects our intent to explore many new blockchain projects, including a front end API that allows different products to be built.

Recently yourself and Mr. Hobbs were making some great connections in China. Could you elaborate on how those partnerships are coming along and what if any other partnerships are in the works?
China was a very successful trip where we got to meet Canaan, our current partners, and community members. We built a relationship with Global Blockchain which is going strong today. We were also exploring the idea of operating Vanbex in China, but ultimately decided to stay in Canada.

Is a China expansion still possible in the future? Considering the importance of that market to the industry and all…
China is a market that we are certainly keeping an eye on. We will continue focusing our engagement and partnerships there. As for moving there, we have no plans for that currently.

How is the Qtum integration coming along?
Great question! Qtum was one of the partners we got to meet face to face in China. Our development team was engaged with them but had to table these integrations for now to focus on our future release. However, with the API we will then be able to support these types of partners more easily.

I'm a trader and initial participant of Etherparty pre-ICO. What I have noticed is the lack of interest, volume, and knowledge of the coin in the general public. What are you guys doing to bring more awareness to the general public?
Thank you for participating in our FUEL token sale and believing in the future of our technology. We are working to strategically bring more partners to the platform while building a dedicated infrastructure to support continuous application development. While there are a lot of loud projects in the space, our focus has always been blockchain technology and development. The truth is, a lot of our products and services are aimed at enterprise level customers, and not something we would typically be able to announce to the public.

What securities licences have you obtained or are in the process of obtaining in the future - what is the rough timeline for that?
As Rocket 2.0 will be providing software for companies to launch security tokens, our partner who has an EMD license will be the firm that facilitates the trading and selling of these assets.

What is Capiche?
Capiche is still early and we are looking at integrating them into the schedule around Q2 2019.

What’s the timeline on getting that API out? As Comet is Q1, Hero / Saturn are in the works (they will still take some time?).
The focus right now is the release of Rocket 2.0, and the API will be explored shortly afterwards. It’s a bit too early to specify a date, but we are looking at the first half of 2019.

It has been an amazing journey so far being at the fore-front of decentralized technology, and we can't wait to see what we can come up with next!
submitted by Jeffy39 to etherparty [link] [comments]

Blockchain in FinTech — Investor’s View

Blockchain in FinTech — Investor’s View
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As the inflated expectations around blockchain technology have retraced back to the realistic development around it, we stride forward towards reaching the plateau of productivity in realizing the true power of Blockchain Technology.

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Thus far, blockchain has been the largest crowdfunding exercise in history. A blend of VC funding & IPO but yet a standalone entity with its own quality embedded, ICOs have been garnering the required capital for blockchain companies to produce blockchain enabled solutions.
FinTech companies create an ecosystem that fosters the collection of vast amounts of data and builds trusted relationships with clientele. Financial Institutions have realised the importance of these ecosystems and are attempting to engage with and bring innovation inside their companies.FinTech solutions on the other hand are exploring various possibilities of incorporating blockchain technology in its core in order to stay ahead in the curve of financial revolution. Legend believes this century to be of Financial Revolution and blockchain enabled fintech is the way forward to achieve this.

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FinTech companies are driving market changes by focusing on emergent technologies that will provide a renewed experience for their customers. One specific technology is Blockchain. The most likely business use cases of blockchain, as seen by 55% of respondents, is in Payments Infrastructure, followed by Fund Transfer Infrastructure (50%), and Digital Identity Management (46%). In fact, the latter is being explored as a possible area of blockchain use by various government services. We have also witnessed growing interest in the technology from insurance companies in areas such as personal and marine insurance, including claims processes.
Though the coherent system in Blockchain-FinTech is yet to be put in place, there are several nations across the world who’ve embraced this evolving technology. Let’s have look on the top three countries leading the race of Blockchain — FinTech startups. Singapore Popularly known as the financial hub of the world, it is of no surprise that Singapore is the global innovation leader in the Blockchain-FinTech space. The third largest ICO market in the world, Singapore, is an early advocate ofblockchain technology and crypto. Singapore’s strategic position is to let the crypto market grow with minimal intervention, provided that crypto market does not qualify as regulated market and, hence, fall under existing financial markets and securities regulations. If the latter is the case, the company may be subject to full blown regulatory regime set forth by MAS (as for any other Fintech business). It would nevertheless be slightly cheaper to step up a fully compliant business in Singapore compared to Europe. Gibraltar An early advocate of crypto — Gibraltar is popularly known as ‘the crypto-harbour’. Earlier this year, the government started drafting legislation to regulate ICOs. As a result, Gibraltar has already attracted a lot of cryptocurrency exchanges, among them BTCC, CEX and eToro. This spring the Gibraltar Blockchain Exchange (GBX) successfully completed its Rock Token sale. There are multiple applications for a DLT license at Gibraltar at the moment, and more than 200 applications for an ICO to hold at GBX. Gibraltar is a home to gambling, insurance and fintech companies, a mix that promises to keep the nation ahead in the technology curve. Malta The ‘Blockchain Island’, Malta is producing comprehensive law drafts to regulate the Blockchain Market. This has attracted major crypto businesses like Binance & OKex. Malta’s Parliamentary Secretary stated, “Malta has become a natural point of reference on the international sphere and companies such as Binance will continue to look into Malta to further expand their operations or establish a base.” If you’re keen to find out more, the upcoming Malta Blockchain Summit runs from November 1–2 and spans four conferences hosted over two days.
As Forbes reports, these are top three Blockchain companies, bringing innovative solutions to transform the world. These companies have garnered worldwide trust and following amidst the turbulent sea of uncertainty regarding crypto regulations.
The Bitfury Group, Amsterdam Produces both hardware and software for Bitcoin mining and security, as well as a wide range of software to support blockchains in government, supply chains and insurance. Blockchain, London. World’s most popular cryptocurrency wallet, enabling users to manage private keys for Bitcoin, Bitcoin Cash and Ether. Its Expansion to U.S. now allows crypto trading in 22 states, including California.
Chain, San Francisco Offers blockchain technology for financial institutions, as well as ledger balance software for fintech and ecommerce companies
In India, the stellar growth Blockchain Technology has sprung a new breed of blockchain startups across the nation. While many who have been early adopters, are now incubating this growing breed believe blockchain to be as revolutionary as the internet. Top Indian companies who’ve also made considerable footprints worldwide in the blockchain domain are:
Auxesis Group Auxesis Group, world’s leading blockchain company who is closely working with several Indian state governments to incorporate Blockchain enabled solutions in various sectors including EHR, Land Records, Supply Chain, Invoice Financing among others. They are progressively building a platform, Auxledger, which brings the next generation features of Customization and cross-chain communication enabling Blockchain in mainstream enterprise adoption.
CoinSecure Coinsecure is one of the early movers of Bitcoin and blockchain technology in India. They provide an easy to use Bitcoin exchange, merchant services, a blockchain explorer, as well as a hosted wallet. They have a simple and single motto of “Connecting India to Bitcoin”. They seem to be doing just that and show no signs of stopping.
Trestor Trestor is an India’s first blockchain startup, which has created “Trest” a secure, digital, store of value. Using the power of Trestor’s blockchain and their decentralised network of trustless nodes ‘Trests’ can be transferred directly from person to person anywhere across the globe.
These are early days yet, with blockchain still in an exploratory phase.
It’s the startups of today that will give rise to the solutions of tomorrow, and for the second time in one generation, we have the opportunity to watch an industry growth everest north — Industrial Revolution 2.0, enabled by Blockchain.
submitted by Nikcollet to Auxledger [link] [comments]

Crypto AM News Recap You Need to Read: Cryptocurrencies off lows, Dash to roll a 'first’ for the crypto industry

Crypto Market Recap

Crypto Developments in Financial Services

Crypto Regulatory Enviornment

General Crypto News

Sources:
https://coinmarketcap.com/ https://www.coindesk.com/us-homeland-security-is-interested-in-tracking-privacy-coins https://www.fbo.gov/index?s=opportunity&mode=form&id=7ed0c5ef2df7e26ffb5c1dee3ceaa171&tab=core&\_cview=0 https://cointelegraph.com/news/japanese-government-to-prevent-crypto-tax-evasion-with-new-reporting-system-sources-say http://mainichi.jp/english/articles/20181204/p2a/00m/0na/010000c https://www.ccn.com/lubin-forget-price-ethereum-adoption-is-growing-rapidly/ https://www.ccn.com/exclusive-dash-claims-crypto-industry-first-with-automatic-instantsend-transactions/ https://blog.dash.org/product-brief-dash-core-release-v0-13-0-5d7fddffb7ef https://github.com/dashpay/dash/pull/2140 https://cointelegraph.com/news/major-south-korea-tech-holding-and-consensys-sign-mou-to-develop-blockchain-business-hub https://cc.sk.co.kv2/introduction/centerView1.vw https://www.ccn.com/major-indian-business-school-issues-blockchain-certs-to-combat-fake-degrees/ http://www.businessworld.in/article/SP-Jain-School-Of-Global-Management-Issues-Blockchain-Enabled-Certificates-To-Its-Students-/28-11-2018-164631/
submitted by QuantalyticsResearch to CryptoCurrency [link] [comments]

Western Union is about to introduce cryptocurrency transfer services. Read more in the analytical report

Western Union is about to introduce cryptocurrency transfer services. Read more in the analytical report
Key market events in December 17-23, 2018
  1. According to the Blockchain Transparency Institute, most exchanges lie about their transaction volumes. The real figure is close to 1% of the number displayed on the CoinMarketCap. Bitfinex and Binance are exceptions, though, of course, many have doubts about Binance.
2.Bloomberg gained access to the financial documentation of Tether Limited, which issues the USDT stablebcoin, and confirmed that almost a year ago, on January 31, 2018, all the coins issued by the company were secured by $2.2 billion.
  1. Payment giant Western Union is about to introduce cryptocurrency transfer services right after the tests are done. However, according to the president of the division of the Global Money Transfer payment system Odilon Almeida, so far the cryptocurrency has not gained wide traction, since it needs to be controlled by the authorities and reduce volatility.
  2. The Reddit user under the nickname sotashi urged Bitcoin owners UTC to withdraw their funds from all exchanges on January 3 at 16:00 to celebrate the decade of Genesis Block, and at the same time to check how many bitcoins are in circulation now and whether all exchanges are truly decentralized.
  3. The Coincheck cryptocurrency exchange, which lost more than $500 million to the hacker attack in January 2018, received an operating license from the Financial Services Agency of Japan after improving service, increasing security and introducing anti-money laundering measures.
  4. An accounting company Grant Thornton LLP conducted a second audit of stablecoin USD Coin (USDC) by Circle and Coinbase, which confirmed it was secured by fiat currency. By the end of November 2018, 177,190,279 USDC were released, and $180,192,792. 7 more remained in the reserves of issuing companies.
  5. Bitcoin network complexity dropped by 10% as the coin value grew, and the miners started earning more on mining this first cryptocurrency.
  6. Coinbase, the largest US exchange, confirmed that it was transferring almost $5 billion in cryptocurrency to a new repository for the cryptoassets of its clients. The total transfer amount included 5% of company’s Bitcoin reserves, 8% of Ethereum stash and 25% of Litecoin.
  7. The analytical company McAfee Labs published a report, which says the number of virus software for hidden mining increased by 4467% in 2018. IoT devices are the main attack vector.
10.Facebook began the development of a stablecoin secured by US dollar for WhatsApp users. The coin would be launched in India, where the messenger has about 200 million active users.
  1. ConsenSys aims to close its startup incubator, which included 36 projects. The company explained that all these startups have not created cost-effective products and are not ready to join the new ConsenSys. Therefore, the number of ConsenSys employees can be reduced by 60%.
  2. The Israeli firm GMT, which has 250 branches and cooperates with MoneyGram, American Express and other financial companies, has joined the RippleNet network.
  3. Wong Ching, a 24-year-old Bitcoin millionaire, decided to raise awareness about the crypto industry in a rather peculiar way - he dropped 100 million Hong Kong dollars (about $12.8 million) from the roof of a high-rise building.
Market analytics from club experts for December 17 - 23, 2018
Surprisingly enough, the last week turned out to be rather joyful and full of festive mood. The price of BTC and altcoins started to grow. The total market capitalization climbed from $103 billion in the beginning of the week to $133 billion.
Trading volumes also showed a good growth - on average roughly $17 billion. The BTC kept dominating the market at 53-54%, falling to 49% only by December 20, when there was a massive increase in altcoin price.
The BTC price climbed from $3276 to $4009 over the week, peaking at $4144.
This week witnessed the historical maximum of BTC trade volume - 2.27 million BTC or $9 billion. The last record was set on December 7, 2017, with almost 2 million BTC.
Moreover, the drop of recent corrections during the weekend was followed by good purchasing volumes.
There are reasons to assume that the buyers have accumulated enough funds and strength, and the reporting periods, together with the u, keep pointing out that the trend is about to change - if not globally, then at least locally. We expect quite a few landmark events in 2019 - the launch of Bakkt is just one of them. The train is about to leave, so hop on!
Changes in the cost and capitalization of the TOP-10 cryptocurrencies in the period for December 17-23, 2018:

https://preview.redd.it/fmbgy5d359621.jpg?width=610&format=pjpg&auto=webp&s=caa637c2bb8b84f1c288808b12d396b72e441e02
4. TOP-3 growing coins from the long-term portfolio for December 17-23, 2018 (including portfolio updates)
What an amazing week – all coins in the recommended portfolio showed growth! The best-performing coins are NKN +110% (successful launch of the testnet), Mysterium MYST +103% (release of a VPN application for the blockchain), Edgeless +96% (official launch of Slots). Others kept up, with the exception of Quarkchain QKC, which only grew +7%.
Want to be the first to receive news, updates from analysts and trade signals? Join @gitsupport channel and start earning with us!
submitted by Golden_Island_Club to u/Golden_Island_Club [link] [comments]

Weekly Crypto Recap for the week ending July 27

Developments in Financial Services

Regulatory

General News

submitted by QuantalyticsResearch to CryptoMarkets [link] [comments]

Weekly Crypto News Recap for the Week ending July 27

Developments in Financial Services

Regulatory

General News

submitted by QuantalyticsResearch to CryptoCurrency [link] [comments]

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