Day: November 23, 2018

A Bug Making Ethereum Transactions on Exchanges Vulnerable Has Been Fixed

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A bug centering around a new Ethereum token, GasToken, which was enabling abuse on cryptocurrency exchanges, appears to have been resolved. The details are provided in a report originally published on November 13, 2018, that discussed how the bug was exploited by attackers, and what digital platforms could do if they wished to protect their hot wallet funds. It was unclear which exchanges could or could not be affected by the bug. Thus, private disclosures were issued to “as many exchanges as possible” according to a Medium post. While it…

Snark.art Launches Blockchain Laboratory for Tokenizing Artworks

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Brooklyn-based startup Snark.art has launched its blockchain laboratory to tokenize creative artworks of artists. The startup is kicking off with a partnership with acclaimed artist Eve Sussman whose project 89 seconds Atomized will be tokenized on the blockchain network and distributed to art lovers in pieces of digital blocks, which the company calls “atoms.” By providing fractional ownership through atoms, art lovers can own a piece of the video frame by purchasing an atom. The full video, with 10-minute running time, has been broken down into 2,304 atoms. Each atom…

VanEck Subsidiary MVIS Launches Bitcoin OTC Index

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MV Index Solutions (MVIS), a subsidiary of investment management firm VanEck, has announced the launch of MVIS Bitcoin U.S. OTC Spot Index (MVBTCO), a bitcoin-based index and the first one that monitors the performance of bitcoin across established over-the-counter (OTC) platforms in the U.S., according to a company statement. The index will cover the spot price of bitcoin from these OTC platforms: Circle Trade, Genesis Trading and Cumberland. MV Index Solutions helps to develop, license and monitor asset classes such as fixed income markets, equities and more, with the use…

Here’s How You Can Get Amazon to Kick Some Cash to a Bitcoin Charity

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Are you planning to do some shopping on Amazon this holiday season? If so, you can also support BitGive, the first registered 501(c)(3) nonprofit charity that uses the power of bitcoin to support some great philanthropic projects around the world. This year, BitGive is celebrating its fifth anniversary of charitable work in the Bitcoin space. And while shoppers can support its philanthropic efforts year round through the AmazonSmile program, now is the time of year when you might be spending a bit more time (and money) on the Amazon website.…

Gibraltar’s Regulator Grants Full License to the Gibraltar Blockchain …

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The Gibraltar Blockchain Exchange (GBX) has been granted a license from the Gibraltar Financial Services Commission (GFSC) required to operate a regulated blockchain exchange. The exchange was granted the Distributed Ledger Technology License Category 3, which represents the “highest category that can be awarded” within the DLT regulatory framework by the GFSC. “Securing authorization as a DLT provider here in Gibraltar is affirmation of our tireless efforts to position the GBX among the premiere Digital Asset Exchanges globally. Today’s announcement renews our ambition to create a world leading, institutional-grade token…

Your Thanksgiving Turkey’s Provenance Might Be on a Blockchain (Seriously)

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Honeysuckle White is giving family and friends gathering for Thanksgiving dinner this year the opportunity to talk turkey with a traceable blockchain code on more than 200,000 turkeys sold through 3,500 retailers around the U.S. The traceable turkeys, a limited supply of which is also available through internet retailer Amazon, offer consumers a high-tech connection to the farm where the centerpiece of the meal began its journey to the table. The blockchain, which Honeysuckle White developed using Hyperledger’s Sawtooth platform, is intended to establish a “proven and trusted environment to…

French Residents Will Soon Be Able to Buy Bitcoin (BTC) in Local Tobacco Shops

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KeplerK, a France-based fintech firm has established a strategic partnership with tobacco shops in the region to enable them to sell bitcoin (BTC) to cryptocurrency enthusiasts in the state starting from 2019, reported Reuters on November 22, 2018.    KeplerK Fueling Bitcoin Adoption Amidst Per sources close to the matter, purchasing the world’s flagship cryptocurrency, bitcoin in France will soon be a smooth and seamless process, thanks to a deal between KeplerK,  and thousands of French tobacco shops. Keplerk has reportedly contracted a local cash register software firm to print…

Ethereum Price Analysis: ETH/USD Extending Declines Below $120

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Key Highlights ETH price failed to move above the $135 and $136 levels against the US Dollar. There is a new key bearish trend line formed with resistance at $127 on the hourly chart of ETH/USD (data feed via Kraken). The pair is currently under pressure and it could accelerate declines below the $120 level. Ethereum price is faced a fresh round of selling against the US Dollar and bitcoin. ETH/USD broke the $120 low and it could accelerate further losses. Ethereum Price Analysis Yesterday, we saw a minor upside…

Crypto Leaders Weigh In On Bitcoin Collapse, $3,000 Target Touted

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“Bitcoin Was Overpriced All Year” While some industry savants expected crypto’s recent crash for months on end, many ‘common Joe’ investors were caught off-guard by this rapid bout of selling pressure. Aiming to clear the air surrounding this sell-off, which sent Bitcoin (BTC) freefalling to $4,500, CoinTelegraph recently brought on a number of industry leaders to weigh in on market conditions. Tone Vays, a former institutional trader turned Bitcoin maximalist, first noted that in his opinion, that was no factor that catalyzed crypto’s recent crash, nor was there a catalyst…

TRX/USD Bearish, $250 million Gap for a Tron–Monero Flip

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The Bitcoin—altcoin couple is the reason why altcoins resurgence depends on Bitcoin price ticks. At the moment it is a Bitcoin winter and altcoins are struggling. TRX/USD and EOS/USD prices are trending below key support levels despite Ledger Nano S providing support for EOS dApps. Let’s have a look at these charts: EOS/USD Price Analysis Despite the biting market conditions, you can now use your Ledger Nano S to interact with EOS dApps. Nonetheless, some functions as Chintai or removing orders from DEXs aren’t available.  Ledger will soon release a…