Day: November 3, 2018

Tether says it has $1.8 billion in Bahamian Bank

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Tether, the company behind the controversial namesake cryptocurrency, said it has a bank account with Bahamas-based Deltec Bank & Trust Ltd. In a statement Thursday, Tether attached a letter attributed to Deltec saying that the crypto company had $1.8 billion (R25 bn) in the account as of Oct. 31. A Deltec spokeswoman didn’t immediately have a comment. Tether has grown to become one of the most traded digital assets but has been shrouded in concern that it’s not actually backed by dollars as its creators claim. Much of that uncertainty has arisen because Tether…

Players Fight in Futuristic Post-Apocalyptic World to Get Real Prizes

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A new mobile “multi-blockchain” game, supporting a whole range of different cryptocurrencies, is ready to be launched in late November 2018. Estonian game-developer Ether Dale, created Glitch Goons, a player versus player (PvP) automatic fighting game where users can buy special items during their presale to customize and upgrade their characters. Features of the game Ether Dale describes Glitch Goons’ universe as a futuristic post-apocalyptic world where cybernetic animal-humanoids fight with each other. There is also an advanced character management system which allows players to modify and upgrade their fighters…

Amsterdam Threatened: ‘Give Us Bitcoin (BTC)… Or Else’

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Terrorists Seek $110,000 Bitcoin (BTC) Ransom Per an exclusive report from NLTimes, a Netherlands-based media outlet for English readers, supposed “terrorists” have emailed a handful of Amsterdam-based businesses, such as local cafes, asking for a ransom to be paid in Bitcoin (BTC). The anonymous terror group, which may or may not be legitimate, threatened the aforementioned businesses with hand grenades and mass shootings if a ransom of 50,000 Euros worth of Bitcoin (8.94 BTC) isn’t paid. These messages have since been seen by local Dutch authorities, who are now reportedly…

Bitcoin Cash, Stellar, Monero, EOS, Ripple, ARK

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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. Bitcoin (BTC) turned ten on Oct. 31, but there were no fireworks to mark the celebrations: the cryptocurrencies continue to trade in a tight range. Arthur Hayes, CEO of BitMEX, believes that the current period of low volatility can remain for another 12…

Crypto Markets See Mixed Signals While BCH and XLM Grow Significantly

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Saturday, Nov. 3: crypto markets have seen mixed signals over the day, with most of the top 20 cryptocurrencies by market cap experiencing. slight fluctuations. Bitcoin Cash (BCH) and Stellar (XLM) are seeing significant gains on the day of more than 3.5 percent, according to CoinMarketCap. Market visualization from Coin360 Following a slight price rebound, Bitcoin (BTC) has failed to foothold the $6,400 price point today. The major cryptocurrency is down around 0.4 percent over the past 24 hours and is trading at around $6,348 at press time. The intraday…

Lack of Diversity in Ethereum Smart Contracts Pose Risks to Whole Ecosystem, Report Says

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A lack of diversity of Ethereum (ETH) smart contracts poses a threat to Ethereum blockchain ecosystem, according to research by a group of analysts from Northeastern University and the University of Maryland released on Oct. 31. The paper, entitled “Analyzing Ethereum’s Contract Topology,” claims that most Ethereum smart contracts are “direct- or near-copies of other contracts,” which represents a potential risk if a copied smart contract contains a vulnerable or a buggy code. Partially supported by the U.S. National Science Foundation, the study has analyzed Ethereum smart contracts’ bytecodes during…

Bitcoin Cash Surges 12% Prior to Hard Fork as Coinbase Reveals Support

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Twitter Facebook LinkedIn Over the last 24 hours, Bitcoin Cash (BCH) has increased by around 12 percent from $425 to $477 prior to its hard fork. On November 2, CCN reported that Bitcoin.com and Binance decided to support the version of Bitcoin Cash set forth by ABC, the original developers of the BCH software that forked the Bitcoin blockchain network last year. Upon the announcement of Bitcoin.com and Binance, the price of Bitcoin Cash increased from $425 to $460, briefly reaching $470. Since then, the price of BCH has risen…

Winklevoss Brothers File Charges Against Bitcoin Investor And Ex-Convict Charlie Shrem – They Want 5,000 Bitcoins

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The Winklevoss twins have made a name within the crypto community as two of the people who became billionaires courtesy of the Bitcoin boom. The two brothers, Tyler and Cameron Winklevoss, are also the founders of the budding crypto exchange Gemini. They have been in the news as some of the most active people pushing for the approval of a Bitcoin ETF. They even presented a proposal for review by SEC. However, this time around, they’re in the news as plaintiffs in a case involving the renowned Bitcoin investor Charlie…

Overstock Rwanada Launch Blockchain Land Rights Platform

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Twitter Facebook LinkedIn Medici Ventures is a wholly owned subsidiary of Overstock, one of the most cryptocurrency friendly businesses in the world, whose CEO has frequently promoted the use of bitcoin and other cryptos. Medici is specifically geared toward blockchain businesses, development, and technology, and on Thursday it signed a second Memorandum of Understanding with the Rwandan Government (specifically the Land Management and Use Authority and Information Society) for the development of a blockchain-based land management and property rights platform. In a nutshell, the blockchain will be used to secure…

Markets Update: Bitcoin Cash Prices See Steady Gains Over the Last Two Days

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Since our last markets update five days ago, cryptocurrency traders saw a lower range of volumes after cryptocurrency prices dropped in value. Now, this Saturday during the weekend trading sessions, most of the top digital asset prices have seen some slight gains between 1-5% over the last 24 hours. But one digital currency, bitcoin cash, has spiked significantly in value gaining well over 12% over the last 24 hours and 9% for the last seven days. Also read: New Bitcoin Cash Stress Test Sees 700,000 Transactions in One Day  Top 10…