Day: December 29, 2018

The Daily: Wallet Hacking Debate Heats Up, Bitcoin-Based Patreon Alternative Emerges

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The Daily To kickstart the weekend, we’ve curated a handful of short but compelling stories from across the crypto sphere. First up, we’ll revisit the fallout from Wallet Fail’s demonstration of hardware wallet cracking. We’ll then move on to a Patreon alternative that’s powered by cryptocurrency and a viral tweetstorm about everything that’s allegedly wrong with Ethereum. Also read: Blockchain Company Buys Spanish Soccer Club, Cementing Crypto-Sports Connection More Hardware Wallet Manufacturers Respond to Hacking Claims As we reported yesterday, a team known as Wallet Fail have captured attention after…

Wall Street Journal Finds Whitepaper Fraud Among 16 Percent of Crypto Projects. So What?

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Wall Street Journal Finds Whitepaper Fraud Among 16 Percent of Crypto Projects. So What? December 29, 2018 by Paul de Havilland The Wall Street Journal has reported that 16 percent of cryptocurrency projects engaged in whitepaper fraud. In a December 27th article, the storied news outlet has reported findings likely to surprise nobody… least of all itself. Also read: ConsenSys to Shrink With Ether Price, Lubin Remains Upbeat Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts Whitepaper Fraud a Concern, But No Surprise Whitepaper fraud is practically…

Kraken Enables Bitcoin Cash and XRP Margin Trading

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Crypto exchange Kraken has launched margin trading options for two of the top digital currencies by market capitalization, Bitcoin Cash and XRP. High Risk Margin Trading Expanded at Kraken Margin trading allows users to leverage their accounts with funds they do not actually possess. This can lead to far greater profits but and also greatly amplify losses. One wrong trade can wipe out an entire account so it is not for the feint hearted. San Francisco based Kraken has just added two more crypto assets to the six it already…

‘Yahoo of Crypto:’ Bitcoin Economist Makes Case again Ethereum

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Tuur Demeester, Founder of Adamant Capital Ethereum is at best a $13 billion “science experiment,” believes Tuur Demeester. The Austrian economist, known for his anti-Ethereum remarks, explained why he has been overly pessimistic about the blockchain project in a 50-pointer thread. A majority of these points referred to the Ethereum team’s earlier promises of improving the main chain’s scalability. Ethereum Can’t Scale? Demeester, for instance, touched upon a peer review report of Ethereum’s Casper/sharding whitepaper, a solution that was proposed to scale the mainnet in 2014. The review, as the…

Samsung Seeks UK Trademark For Cryptocurrency Wallet

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South Korean electronics giant Samsung is apparently seeking a trademark in the United Kingdom for a cryptocurrency wallet, according to a Dec. 27 filing with the U.K. Intellectual Property Office. In the “Classes and terms” section of the application, Samsung cites such developments as “Computer software for use as a cryptocurrency wallet; Computer software for cryptocurrency transfer and payment using blockchain technology; Computer application software for smartphones, namely, software to allow users to transfer cryptocurrency based on blockchain technology and pay via 3rd party’s application software.” The application follows rumors…

Bitcoin Cash Mining Showcased at the Houston Rockets Game

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News On Dec. 27 the Houston Rockets challenged the Boston Celtics. During the game’s intermission, two contestants participated in a contest called the Antpool Red Planet Race. The participants played a game that involved ‘mining’ bitcoin cash (BCH) on the court floor in the hope of winning $300 worth of BCH. Also Read: Many Self-Proclaimed Bitcoin Inventors and Satoshi Clues Were Debunked in 2018  Houston Rockets Fans Get a Taste of Bitcoin Cash Mining Bitcoin technology got some mainstream attention during the Rockets and Celtics match on Thursday. The mining operation…

Ethereum (ETH) Closes In On XRP After 15% Gain

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ETH Aims To Overtake Second Seat After 15% Gain Friday saw the cryptocurrency market undergo a strong reversal after a red day. In the past 24 hours, per data compiled by Live Coin Watch, Bitcoin (BTC) has found itself up by 7.22%. And interestingly, as altcoins underperformed BTC on Thursday, Friday’s leg higher saw a number of leading alternative crypto assets, like Bitcoin Cash (BCH) and XRP, post-double-digit gains that would make equities market investors jealous. Yet, as normal, there have been a few cryptocurrencies that have stood out like…

Japanese Financial Regulator Receives 190 Cryptocurrency Exchange License Applications

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The Japanese Financial Services Agency (FSA) received 190 cryptocurrency exchange license applications, an unnamed FSA staff member told Cointelegraph Japan on Dec. 28. The FSA has given the local crypto industry self-regulatory status, certifying the Japanese Virtual Currency Exchange Association (JVCEA) to oversee the space. The JVCEA is now expected to develop anti-money-laundering (AML) policy and providing guidelines to crypto exchanges. As Cointelegraph recently reported, such a license was recently granted to cryptocurrency exchange Coincheck. Following a hack at the exchange in January, it received two business improvement orders from…

Multi-Blockchain Crypto Collectible Game Integrates TRON and Promises Unique Updates

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Blockchain Cuties, a decentralized crypto collectible game already available on two blockchain platforms — Ethereum (ETH) and EOS — has recently added a third platform based on the decentralized protocol TRON. Blockchain Cuties has announced that the TRON version of the game will have unique content, including Cuties, items and probably locations. Future of DApps “We have been seeking an opportunity to work with TRON since June 2018 and now, we’re finally here,” Vladimir Tomko, CEO of Blockchain Cuties says. The game developer believes that adding the TRON community will…