January 28, 2019

Company and Uni to Build Crypto Model Addressing Bitcoin’s Shortcomings

January 28, 2019 boss

A crypto company has signed a memorandum of understanding with a university in the United States with the aim of building the cryptocurrency model envisaged by Satoshi Nakamoto when the Bitcoin network was launched 10 years ago. SovereignWallet says it will be collaborating with the University of Southern California’s Viterbi School of Engineering to develop the project, which has been named the MUI Meta-Blockchain. While profits associated with Bitcoin have become “highly concentrated with a small number of miners with large capital […] especially those who have the most powerful…

Bitcoin, Ripple, Ethereum, EOS, Bitcoin Cash, Litecoin, Tron, Stellar, Bitcoin SV, Cardano: Price Analysis, Jan. 28

January 28, 2019 boss

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. The trend in crypto continues to be down. After a period of low volatility, cryptocurrencies are again headed south. There are no takers for cryptocurrencies even after such a huge fall because money is moving back into the traditional safe haven, gold, according to…

100% Completed: The BitTorrent ICO is a 15-Minute Sellout

January 28, 2019 boss

BitTorrent, acquired by Tron last year, completed an ICO today beginning at 3:00 PM UTC using Binance Launchpad. Two simultaneous sales were run for Binance Coin and Tron. Neither market lasted longer than 15 minutes, according to Binance. More BTT was available for Tron than BNB. In the BNB session, all 23.76 billion BTT were sold to token sale participants within 13 minutes and 25 seconds. Meanwhile, in the TRON session, all 35.64 billion BTT were sold within 14 minutes and 41 seconds. BTT is a TRC-10 token that incentivizes…

The BitTorrent ICO is a 15-Minute Sellout

January 28, 2019 boss

Eurasian Economic Commission Prepares Report on Cryptocurrencies, Considers Regulation

January 28, 2019 boss

The Eurasian Economic Commission, which serves as an executive body of the Eurasian Economic Union (EAEU), has prepared a report on cryptocurrencies to promote regulation in the area. Russian news agency TASS reports on the development on Monday, Jan. 28. The Commission’s minister for integration and macroeconomics, Tatyana Valovaya, said that EAEU — a political and economic union established by Russia, Armenia, Belarus, Kazakhstan and Kyrgyzstan in 2014 — aims to create a consolidated financial market by 2025. As the cryptocurrency and blockchain industries are becoming more robust, the EAEU…

BTT Token Sale Marked By Sharp TRX Price Declines

January 28, 2019 boss

Tron prices drop 11.7 percent BTT token sale in progress at Binance Launchpad Transaction volumes pick up, bulls still in control Asset prices may be dropping, but TRX is still a top performing coin. It is up one spot in the liquidity ranking displacing XLM as the eighth most valuable. While sellers are firmly in control, we expect support at 2.5 cents before prices snap back to trend and rally to 4 cents. Tron Price Analysis Fundamentals There has been a reshuffle, and TRX is now the eighth most valuable…

Austrian Capital Vienna Develops Reward Token for Citizens in Partnership With University

January 28, 2019 boss

The Austrian capital, Vienna, is currently developing a blockchain-based token as a part of an incentive program, digital innovation news outlet Trending Topics writes on Monday, Jan. 28. The coin, reportedly dubbed the Vienna token and first announced in December 2018, will be developed together with the Vienna University of Economics and Business. Shermin Voshmgir, the head of the Vienna-based Research Institute for Cryptoeconomics, noted that the token could be granted in return for providing feedback about the city, in an application designed to pay for parking within the city,…

Mystery Bitcoin Miners Are Altering Mining Pool Dominance

January 28, 2019 boss

Mining During the first month of 2019, studies have revealed the growing trend of unknown miners processing blocks on the Bitcoin Core (BTC) network. A few years ago, most mining pools began revealing their identity via the coinbase parameter when they found a block. Over the last two years, however, unknown miners have started to dominate as established operations have lost a considerable share of hashrate. Also read: Bloq Labs Reveals Software Suite That Aims to Increase Hash Power by Double Digits Unknown Bitcoin Miners Have Been Shifting Hashrate Dominance The…

IBM Food Trust Blockchain Set to Expand to New Suppliers, Consumers in 2019

January 28, 2019 boss

Swiss-headquartered food retail giant Nestle S.A. says that the blockchain-based IBM Food Trust initiative — which counts major global retailers such as Walmart and Unilever as members— is gearing up to onboard new suppliers and retailers this year. Benjamin Dubois, digital transformation manager of global supply chain at Nestle, spoke of the development in an interview with Swiss regional bilingual daily newspaper 24 heures on Jan. 28. As reported, the IBM Food Trust blockchain has been underway since fall 2016, with the first product trials spearheaded by Walmart in China…

Tether Replaces EOS to Become 4th Largest Crypto, Shows Market is Very Weak

January 28, 2019 boss

Stablecoin Tether (Ticker: USDT) has replaced EOS to become the fourth largest cryptocurrency by market capitalization, showing weakness in crypto markets. The inclination follows the cryptocurrency market’s depressive performance this Monday. Over the last 24 hours, the price of all the top coins, including Bitcoin, Ripple, Ethereum, and others, trended in a negative region. Similarly, the value of EOS, Bitcoin Cash and Litecoin also slipped heavily on a 24-hour basis. Tether Chart on CoinMarketCap.com In contrast, Tether’s USDT traded at around $1.01 and the stablecoin saw appreciation in its market…