July 25, 2018

Blockchain-Based Betting Platform Augur Now Features ‘Assassination Markets’

July 25, 2018 boss

So-called “assassination markets” have now popped up on blockchain event betting platform Augur, Mashable media outlet reported July 24. Users are now betting on when certain public figures will die. Created by the non-profit Forecast Foundation, Augur launched its Ethereum (ETH) mainnet-powered predictions platform on July 9, according to Fortune. On the platform, users can make a prediction about the outcome of any event. If a user believes the outcome will happen, they buy shares with ETH. If a user believes the event will not occur, they can short the…

People Said Ethereum Could Not Be Done, but It Is a Remarkable Success

July 25, 2018 boss

The interview has been edited and condensed. “[..]I met Joe. Joe is the CEO of ConsenSys, and he has something about him; he is an inspirational figure, he has this ability to excite people about this future” This is how Ajit Tripathi, a partner at ConsenSys, described Joseph Lubin during the recent interview to Cointelegraph in response to a question about why he joined ConsenSys. A 53-year old Canadian-born entrepreneur is one of the most prominent figures in the blockchain space. He co-founded Ethereum, a decentralized platform for applications and…

Stellar Price Continues to Moon, Sees 10% Increase in 4 hours

July 25, 2018 boss

The stellar price reached a two-month high on Wednesday evening as it soared by well over 10% on major exchanges to reach a value of $0.33 on Bitfinex. Although there did not seem to be any particular news today to trigger this spike, the cryptocurrency — more accurately referred to as lumens (XLM) — has been in the news of late with considerable positive developments. XLM’s volume also increased considerably on Binance, with over $17.5 million traded as at 10PM GMT. The development from Coinbase last week had also seen…

MetaMask Browser Extension Pulled From Google Chrome Store for 5 Hours, ‘Unsure’ of Cause

July 25, 2018 boss

MetaMask, a browser extension for interacting with the Ethereum network, was pulled from the Google Chrome Web Store, it announced in a tweet Wednesday, July 25. The app has since been listed again, the company confirmed in a post five hours later. MetaMask is one of the oldest and widely used decentralized apps (DApps) on the Ethereum network, serving as an important gateway for the network’s users. According to MetaMask’s official Twitter account, the company is “unsure” of the reasons for Google Chrome’s decision to temporarily delist its extension from…

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, TRON: Price Analysis, July 25

July 25, 2018 boss

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Institutional investors and the approval of a crypto exchange traded fund (ETF) by the U.S. Securities and Exchange Commission (SEC) are the two possible triggers that could boost the recovery in cryptocurrencies. The SEC has decided to postpone making a decision on the…

Crypto Ads on Google | Company Confirms the Ban Remains

July 25, 2018 boss

A bittersweet moment hit the crypto industry Wednesday morning. At the start of the week, platforms were alerted that crypto ads on Google were back. Specifically, advertisements for Coinbase. However, this was all speculation, and we even noted that it could be a mistake—and that’s what it was. The online media giant has confirmed that, no, crypto ads on Google are not back. Why is this bittersweet? Well, many hoped that Google was following in the lead of Facebook, which lifted rules on the crypto industry. Many disagreed with an…

Ex-Programmer of Russian Payments Firm Qiwi Used Company Equipment to Mine 500K Bitcoins, CEO Claims

July 25, 2018 boss

The CEO of Russian payment services provider Qiwi Sergey Solonin has claimed that an ex-employee of the company used its payment terminals to mine bitcoins in 2011. The programmer, who has not been named by Solonin, has managed to mine 500,000 bitcoins, according to a July 25 report by news site Meduza. During his lecture at the Moscow Advanced Communications School (MACS), Sergey Solonin said that one of Qiwi’s programmers had used its payment terminals for cryptocurrency mining, managing to mine 500,000 bitcoins in 2011, worth about $5 million that…

Crypto Asset Brokerage Co-Founded by Uber Ex-CTO to Launch Zero-Fee Trading App in 2018

July 25, 2018 boss

A licensed U.S. crypto asset brokerage dubbed ‘Voyager’ has revealed plans to launch a zero-fee mobile trading app in Q4 this year, according to a press release published on BusinessWire today, July 25. The new platform intends to bring investors a single access point to trade and manage their assets across multiple crypto exchanges, without charging fees or setting minimums for orders. Voyage will use smart order routing (SOR) — a software popular with banks and brokers in traditional markets that uses algorithms when directing orders across various trading venues…

Bitcoin Price Awaits Possible Spoiler Ahead of July Futures Close

July 25, 2018 boss

Bitcoin traders may have their eyes on a different kind of chart this week. That’s because Friday, July 27 is the date that bitcoin futures contracts offered by derivatives giant CME Group are scheduled to expire. A financial product that lets institutions and professional traders long or short the crypto asset (betting on its future performance), history shows the price of bitcoin drops 7.89 percent on average in the five days prior to a contract expiration. As such, data suggests the event could trigger a healthy pullback in prices for…

BTCUSD Likely to Retest $8,500

July 25, 2018 boss

A $300 drop sounds problematic in a traditional market, but the sentiment is not the same when it comes to Bitcoin. The digital currency, in the past week, rose over 39% against the U.S. Dollar to eventually establish 8511-fiat as its new weekly high. The upside is credited to serious sellers exiting the market, leaving behind the holders and intraday players to buy the token cheap. In the past 24 hours, however, the BTC/USD has slipped to as low as 8165-fiat, owing to an unavoidable correction phase. So, is the…