January 18, 2019

Report: bitcoin transactions on darknet markets

January 18, 2019 boss

Use of bitcoin as a form of payment doubled in 2018 on darknet market sites, where users can buy anything from illegal drugs to fake IDs, even though the price of the cryptocurrency crashed, according to a study by data firm Chainalysis. Bitcoin transaction volumes on darknet markets rose throughout 2018 to an average of $2 million daily, nearly double the activity measured at the start of the year, according to Chainalysis. Overall bitcoin flowing into darknet markets fell to $600 million in 2018 from $700 million a year earlier,…

BTC Volumes Shrink 22% From Jan 10

January 18, 2019 boss

Bitcoin Price in a $300 range mode ShapeShift bombarded with US DoJ subpoenas in Q4 2018 Transaction volumes dip, moving averages slide from 18k to 14k in four days Participation levels are low, and with drying transactional volumes, BTC prices are ranging. However, with a flurry of subpoenas, exchanges are wary. All in all, we retain a bullish outlook expecting breakouts above $3,800 as Bitcoin rally to $5,000. Bitcoin Price Analysis Fundamentals The US is the world’s largest economy, and as one of the major players in crypto, their regulatory…

Thailand’s Stock Exchange Plans to Set up a Licensed Digital Asset Exchange: Report

January 18, 2019 boss

The Stock Exchange of Thailand (SET) is planning to set up a regulated digital asset exchange, local news agency The Bangkok Post reported on Jan. 17. Citing the vice chair of SET’s board of governors, Pattera Dilokrungthirapop, — аlso chair of the Association of Securities Companies — the report revealed that the national stock exchange plans to apply for a digital asset operating licence from the country’s Ministry of Finance within the year. According to the plan, SET’s member securities firms will be able to apply to become brokers and…

Ripple Price Analysis: XRP Consolidates For the Eighth Straight Day

January 18, 2019 boss

Ripple prices in a 2 cents trade range below 34 cents Mercury FX demonstrates the power of XRP Prices ranging as daily average trading volumes drop t0 23 million—streams from BitFinex Although the path of least resistance ought to be northwards, sellers are currently pinning down bulls. Nonetheless, our XRP/USD trade plan is upbeat, and with Mercury FX moving huge sums from the UK to Mexico using XRP, it seems like we are on the early stages of widespread adoption. Ripple Price Analysis Fundamentals Today marks the seventh day of…

UAE Telecom Operator du Announces Blockchain Solution For Fake Drugs

January 18, 2019 boss

UAE Telecom Operator du Announces Blockchain Solution For Fake Drugs January 18, 2019 by Akshay Makadiya UAE-based telecom operator du, previously known as Emirates Integrated Telecommunications Company, has unveiled its latest Blockchain Platform as a Service (BPaaS) use case–eliminating fake drugs from the pharmaceutical supply chain. The announcement was made at the Unlock Blockchain Conference in Dubai. Also read: How Your Bitcoin Losses in 2018 Could Be a Win… At Tax Time Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts Blockchain to Help Eliminate Counterfeit Drugs Announced…

Binance Declines to Confirm Locations for Reported Crypto-Fiat Exchange

January 18, 2019 boss

Major crypto exchange Binance plans to expand to eight new countries in 2019, according to a report from crypto outlet The Block, Jan. 17. Following the report, a Binance spokesperson has declined to confirm six of the alleged locations in comments to Cointelegraph today, Jan. 18. Just a day after the major cryptocurrency exchange launched its new European-focused platform for fiat-crypto trading in Jersey, The Block published a report that included a screenshot of a spreadsheet allegedly outlining all the locations for Binance’s fiat-crypto exchanges that are already-launched, intended and…

Blockchain Data Developer Spring Labs’ Research Program Gains 16 Startup Members

January 18, 2019 boss

United States-based blockchain startup Spring Labs announced sixteen fintech companies had joined its partner program prior to the release of its Spring Protocol in a press release Jan. 17. Spring Labs, which last year raised $15 million in funding, aims to release anti-fraud technology in the form of private P2P data sharing technology, powered by blockchain. At the same time, it has convened the Spring Founding Industry Partners (SFIP) Program, a research effort comprised of partners aiming to further reduce data fraud and boost security prior to the Protocol’s public…

Academics and Pantera Capital’s “Better Bitcoin” Is still Slower than Visa

January 18, 2019 boss

A non-profit group comprised of MIT and bay area academics, as well as hedge fund Pantera Capital was formed to develop a coin that can offer faster speeds of processing transactions than Bitcoin. How to Make Unit-e More than a “Nice Idea” Teachers from Massachusetts Institute of Technology, Stanford University, and Berkeley’s University in California along with five other colleges have teamed up with hedge fund Pantera Capital to develop a cryptocurrency that could overtake the pioneer cryptocurrency in terms of transactions speeds, as reported by Bloomberg. The group…

Academics and Pantera Capital’s “Better Bitcoin” Is still Slower than Visa

January 18, 2019 boss

Ethereum Devs Propose Activating Constantinople Hard Fork in Late February

January 18, 2019 boss

UPDATE (Jan. 18, 2019, 15:40 UTC): Constantinople hard fork activation has been set for block number 7,280,000, scheduled to hit on February 27th, according to developer Péter Szilágyi. Ethereum core developers have proposed activating Constantinople – a planned system-wide upgrade that was called off earlier this week – in late February. Also called a hard fork, Constantinople is now estimated by developers to go live some time between Feb. 26 and Feb. 28, with a block number to be determined at a future date. The proposal was made during a core…