September 28, 2018

Luxury Watchmaker Hublot Unveils New Model, Available for Bitcoin Only

September 28, 2018 boss

Swiss luxury watch brand Hublot has unveiled its new watch Big Bang Blockchain in an official announcement September 19. The new model has been released to commemorate the upcoming 10th anniversary of Bitcoin (BTC). As per Hublot’s release, the 210-piece limited edition can only be purchased with BTC. The number of units symbolises the fact that the number of bitcoins will never exceed 21 million. To promote and sell the model, Hublot has partnered with Octagon Strategy Limited (OSL) – a major Asian digital asset brokerage which will help process…

Over $80 million laundered through 46 exchanges, one exchange stands out

September 28, 2018 boss

With cryptocurrencies came the one issue that law enforcers across the globe will spend sleepless nights trying to keep up. Money laundering is that one thing that was given a lifeline by cryptocurrencies. According to a research done by the Wall Street Journal (WSJ) together with a London-based blockchain forensics company, it has been revealed that over $80 million laundered through 46 exchanges in just two years. The amount discovered can be higher considering that the research only reviewed around 2,500 suspicious wallet address Although 46 exchanges were responsible to…

Monero Dodges Yet Another Attack With Community’s Help

September 28, 2018 boss

This week, the developers of Monero (XMR) patched a bug that could allow an attacker to ‘burn’ the funds of an organization’s wallet. The breach was initially revealed by a community member, and XMR developers were quick enough to fix it before any damage was done. Anonymity above all: How Monero works Simply put, Monero (XMR) is a cryptocurrency like Bitcoin (BTC), but with an additional focus on anonymity. It was established in 2014, when bitcointalk.org user thankful_for_today forked the codebase of Bytecoin into the name BitMonero. To establish the…

Japanese IT Giant GMO Launches Zcash Mining Software Client

September 28, 2018 boss

Japanese internet services giant GMO Internet Inc. has launched a new mining software client designed for mining Zcash (ZEC) on graphic processing units (GPUs). GMO announced the new client, dubbed Cryptknocker, in a news release published September 28. Cryptknocker has reportedly been designed to enable users to mine cryptocurrencies that are based on the Equihash consensus algorithm using commonly-available GPU chips. Unlike more specialized Application-Specific Integrated Circuits (ASICs), GPUs are widely used in many domestic computers. As previously reported, when Zcash’s developers unrolled Equihash – the mining algorithm Zcash, as…

EU Markets Regulator Extends Restrictions on Selling Crypto-Based Derivatives

September 28, 2018 boss

The European Securities and Markets Authority (ESMA) has decided to extend its restrictions on contracts for differences (CFDs), including crypto-based ones. The agency has announced its decision in an official release published Friday, September 28. A CFD is a contract signed between a buyer and a seller, which stipulates that the difference between the current value of an asset and its value at contract time will be compensated by the seller if positive, or by the buyer if negative. According to ESMA’s release, the restrictions, which originally came into effect…

Developers Unveil Two New Bitcoin Cash Full Node Clients Written in Go

September 28, 2018 boss

The creators of the counterparty.cash protocol and Openbazaar developer Chris Pacia have announced two separate Bitcoin Cash full node clients written in the programming language Go (golang) — Gocoin-cash and Bchd (gcash). Also Read: BCH Roundup: Markets and Developments Leap Ahead This Week Gocoin-cash: A Full Bitcoin Cash Solution Written in Go Language The Bitcoin Cash network has a lot of full node clients which include Bitcoin ABC, Unlimited, Bcash, Parity Cash, XT, SV, and the Bitprim implementation. Some of the clients are written in the original C++ programming language Satoshi used when the…

Bear Market? CoinMarketCap Lists Record 2,000 Active Cryptocurrencies

September 28, 2018 boss

The great cryptocurrency bear market of 2018 may have put a damper on speculative investor interest in this nascent asset class, but it does not seem to have led to much of a slowdown in the number of new altcoins being released on the market. CMC Reaches 2,000 Listed Cryptocurrencies To wit, cryptocurrency resource site CoinMarketCap hit a new milestone on Friday, as its market cap rankings now include data on more than 2,000 active coins and tokens, an increase of more than 600 since the beginning of 2018. A…

Japan’s Messaging Giant LINE Announces New Digital Coin and 5 Decentralized Apps

September 28, 2018 boss

Japanese social messaging giant LINE has unveiled 5 new decentralized applications (DApps) and a new Japan-focused digital coin. The plans were announced in a press release shared with Cointelegraph Friday, September 28. LINE’s messaging service is reported to have over 214 million active users, with 30 million in Japan already using its mobile payment service, Line Pay. The firm has today revealed that its new series of DApps will focus on a range of service categories, including “prediction, Q&A,” as well as reviews of products, food and locations. LINE’s overseas…

Was Billinaire Investor Novogratz Corrrect? Signs of Bottom in Crypto

September 28, 2018 boss

Billionaire investor and hedge fund legend Mike Novogratz could be right after all. Since he called a bottom in the crypto market on September 13, the market has notably recovered, fueled by large rallies of most major cryptocurrencies. Since September 13, within less than three weeks, the cryptocurrency market has recorded a major movement on the upside. Ethereum (ETH), which struggled to see a recovery in its momentum throughout August, recorded a 24.44 percent increase in value while Ripple (XRP) saw a staggering 105% surge in price. One-week performance of…