Day: December 7, 2018

Switzerland’s ‘Crypto Valley’ Zug Ranked ‘Fastest-Growing’ Tech Hub in Europe

boss

The Swiss city of Zug, home to crypto and blockchain development hub “Crypto Valley,” has been ranked the fastest-growing tech community in Europe. Swiss startup news channel StartupTicker reported this on Dec. 6. According to the latest annual “State of European Tech” report from London-headquartered global technology investment firm Atomico, Zug came out top in a comparison of year-on-year growth of attendees to tech-related “meetup” events per European city, with a 177 percent increase as compared with last year: Comparison of YoY growth of attendees to tech-related meetup events per…

Coinbase Considers Adding 30 New Crypto Assets to Its Exchange

boss

After adding support for several new tokens over the past months, Coinbase has revealed more than 30 crypto assets it is considering for listing. However, the San-Francisco-based exchange is not adding the 31 tokens to its platform just yet, but rather, is “continuing to explore the addition” of the assets, according to a blog post published Friday. The tokens included in the list range from ERC-20 tokens to independent projects. “Over time, we intend to offer our customers access to greater than 90 percent of all compliant digital assets by market…

South Korean Crypto Exchanges Overtake Maltese Ones by Daily Trade Volume

boss

Cryptocurrency exchanges registered in South Korea have overtaken their Maltese-registered counterparts by average daily trade volume in November. This is according to a report by cryptocurrency market data provider CryptoCompare, published Thursday, Dec. 6. The November edition of CCCAGG, a monthly crypto exchange review published by CryptoCompare, shows that South Korean exchanges, including Bithumb, Coinone, Korbit and Upbit among others, registered a combined $1.4 billion of average daily trade volume. In the meantime, their competitors in Malta had only achieved $1.2 billion. This is a significant change when compared to…

Bitcoin News Crypto Currency Weekend Roundup December 10

boss

Bitcoin News The rundown: Bitcoin and all major currencies were down in the morning; Global fintech company BANKEX launches its own BANKEX Token Exchange; Cryptocurrency trading platform Coinsquare acquires cryptocurrency wallet BlockEQ; U.S. lawmakers introduce new bills to help prevent virtual currency price manipulation; and the Securities Commission Malaysia to regulate issuances of gital currencies and digital tokens via initial coin offerings. Here is what is happening in the cryptocurrency market on Friday. SEE: US Energy Initiatives Now Owns $5.1 Million Sumcoins SEE: SinglePoint Gives Projections On 2019 In the…

Crypto Project Says It Can Reverse Transactions and Recover Accounts Without Private Keys

boss

A startup which bills itself as “blockchain’s financial district” has launched its network — and says its debut heralds “the beginning of true financial freedom.” WORBLI enables businesses and individuals to enjoy “seamless access to financial services,” and paves the way for developers to build their own applications on its network. Its ecosystem uses EOSIO software, with the startup’s team saying this unlocks a series of benefits. Firstly, users benefit from fast and feeless transactions, allowing applications on the network to operate without bottlenecks and delays — and they also…

TRON CEO Says He Will ‘Rescue’ ETH and EOS Developers From Alleged ‘Collapse’ of Their Platforms

boss

Decentralized internet protocol TRON CEO Justin Sun has said the company will build a fund to “rescue” Ethereum (ETH) and EOS developers from “the collapse” of their platforms, in a tweet, Dec. 6. Sun made his offer with the precondition that the developers “migrate” their decentralized applications (dApps) to the Tron Foundation network. In the heat of the blistering crypto market crash, one aggrieved commentator immediately quipped, “So… we jump from sinking ship to another sinking ship?  Sh**, I’m in. When jump, sir?” EOS New York, purportedly the twitter account…

Underdog Bitcoin SV Beats Top Coins after Rising 32.5% in 48 Hours

boss

Bitcoin SV on Friday totaled its bullish rally to 32.5 percent while the rest of the crypto market remained red. The highest intraday BSV/USD rate on BitFinex today was noted at 114-fiat. At the same time, Bitcoin SV’s ideological rival Bitcoin Cash continued its crash cycle after dropping another 15% on its real-time 24-hour timeline. Other coins, including the world’s largest cryptocurrency Bitcoin, also remained inside a negative territory owing to their respective fundamental and technical reasons. TOP 10 COINS ON COINMARKETCAP.COM | AGGREGATED DATA The early Christmas in the…

Two US Bills Focus on Cryptocurrency Market Manipulation and Improving Regulations

boss

Two new bills focusing on cryptocurrency market manipulation aim to “position the United States to be a leader in the cryptocurrency industry,” their sponsors claimed Dec. 6. The bills, dubbed “The Virtual Currency Consumer Protection Act of 2018” and “The U.S. Virtual Currency Market and Regulatory Competitiveness Act of 2018” will go before the House of Representatives having been compiled in mid-November. A bipartisan effort, their authors, congressmen Darren Soto and Ted Budd, said they wish to “provide data on how Congress can best mitigate these risks while propelling development…

Finance Regulator, Central Bank Say Cryptocurrency Regulation ‘Being Put in Place’

boss

Malaysia’s finance regulator and central bank issued a joint press statement Dec. 6 in which they confirmed they were “putting in place” legislation on cryptocurrency and Initial Coin Offering (ICO) assets. The statement from the Malaysia’s Securities Commission (SC) and Bank Negara Malaysia (BNM), which follows comments from senior government official that regulation of the sector could appear in Q1 2019, also reiterates the need comply with securities laws where appropriate. “The SC will regulate issuances of digital assets via initial coin offerings (ICO) and the trading of digital assets…

Mastercard Files Patent for Increasing Anonymity of Blockchain Transactions

boss

Mastercard has filed a patent for a method of anonymizing transactions on a blockchain, according to an application published by the United States Patent and Trademark Office (USPTO) Dec. 9. The filing outlines that “the use of one or more intermediary addresses to obscure the source and destination of funds in a blockchain transaction” can be used in order to “increase anonymity of entities associated with blockchain addresses.” The proposed technical solution would entail a series of “anonymization request[s]” designed to anonymize the transactions themselves, rather than just the user…