February 16, 2019

Vitalik Buterin Dismisses Rumors New Constantinople Feature Allows Attack Vector

February 16, 2019 boss

Ethereum (ETH) co-founder Vitalik Buterin and other core devs have dismissed allegations that a new smart contract creation feature set to be released in the forthcoming Constantinople hard fork will have negative security implications. The discussion was held during a Ethereum core developer call on Feb. 15. The feature in question is called “Create2” — designated as Ethereum Improvement Proposal (EIP) EIP-1014 — and is intended to allow for interactions with a contract that does not yet exist on the blockchain — specifically, “addresses that do not exist yet on-chain…

Ordinary Stablecoin or XRP Killer? What We Know About JPMorgan Chase’s New Cryptocurrency

February 16, 2019 boss

On Feb. 14, United States banking behemoth JPMorgan Chase announced its own cryptocurrency. Significantly, it is the first time a major U.S. bank has tapped into digital assets for direct use in business operations. It is fair to say that move comes unexpectedly for JPMorgan Chase, whose CEO, Jamie Dimon, is famous within the crypto community for his anti-Bitcoin (BTC) remarks. Here are the main outtakes from reports and comments about the new virtual currency, dubbed “JPM Coin.” JPM Coin aims to increase settlement efficiency, initially within three of its…

Samba Bitcoin Will Feature Bitcoin at Rio de Janeiro Carnival

February 16, 2019 boss

Photo: Pixabay A renowned traditional samba school named Imperatriz Leopoldinense is going to perform during the 2019 ‘Carnaval do Rio de Janeiro’, where the school has chosen its theme on ‘Money.’ In the festival, which will begin from 2nd March to 9th March, the school will be featuring the story from the first metal coins and paper bills to modern day cryptocurrencies. The theme is named ‘Give Me Some Money.’ The intention behind choosing such a theme for the performance is to explain the bonding between human and money. The…

Major Crypto Brokerage Coinmama Reports 450,000 Users Affected by Data Breach

February 16, 2019 boss

Israel-based crypto brokerage Coinmama — which allows users to purchase Bitcoin (BTC) and Ethereum (ETH) using a credit card — has suffered a major data breach affecting 450,000 of its users. The incident was disclosed in an official company announcement on Feb. 15. The breach is reportedly part of a mammoth, multi-platform hack that affected 24 companies and a total of 747 million records — among them gaming, travel booking and streaming sites. Coinmama says a list of around “450,000 email addresses and hashed passwords” of users who registered on…

Anarcho-Capitalist Smart City Adopts Crypto as Sole Recognized Medium of Exchange

February 16, 2019 boss

Liberstad — a private, anarcho-capitalist city in Norway — has adopted a cryptocurrency native to its blockchain-powered smart city platform as its official medium of exchange, according to a press release published on Feb. 12. Founded in 2015, Liberstad is the outcome of the Libertania project, run by the nonprofit Liberstad Drift Association, which aims to create a city-society autonomous from government interference — eschewing taxes in favor of private sector funded services. As reported, the city’s freehold plots were first sold for either Bitcoin (BTC) or Norwegian krone in…

Why bitcoin’s future is vertical and crypto should give up going horizontal

February 16, 2019 boss

Instead of concentrating on building the vertical second layer on top of the bitcoin network, the industry has been obsessed with developing competing base layers on a horizontal plane in the shape of new blockchains, often at great expense and with relatively little to show for it. That, at any rate, is the contention of Ryan Radloff, the chief executive and co-founder of CoinShares. 2/ Last 3 years our industry has been focused on growing horizontally (not vertically) by creating new “base layer” networks to build on & compete with…

Why bitcoin’s future is vertical and crypto should give up going horizontal

February 16, 2019 boss

Substratum Delisted From Binance, KuCoin–Again Raising Alarm Bells and Questions For ICO Investors

February 16, 2019 boss

Substratum Delisted From Binance, KuCoin–Again Raising Alarm Bells and Questions For ICO Investors February 16, 2019 by Paul de Havilland With Substratum delisted from Binance, it becomes one of a five-coin cull of projects that do not meet the exchange’s standards. Yet again, this serves as a reminder to those considering investing in ICOs to do their due diligence. Also read: Fight or Flight? How Laws and a Lack of Trust Affect Bitcoin Trading We love hearing from our readers. Sound off on our Twitter or Facebook pagesCheck out our insights & interviews with influential…

Substratum Delisted From Binance, KuCoin–Again Raising Alarm Bells and Questions For ICO Investors

February 16, 2019 boss

Crypto Analyst Takes Bet That Bitcoin (BTC) Will Hit $1,165 Prior to $10,000

February 16, 2019 boss

What? Bitcoin Could Hit $1,165 Before $10,000 Financial Survivalism, a Bitcoin proponent and self-proclaimed “financial revolution prepper,” recently remarked that from his point of view, BTC could fall to $1,165 in the near future, citing the so-called “Hyperwave” form of price analysis. Survivalism even remarked that if the flagship cryptocurrency reaches Phase 1 of its Hyperwave formation, it could rapidly spike under that level in a wick. He was so confident that Bitcoin will eventually hit that price point, 68% lower than current levels, that he took up a wager…