Day: March 21, 2019

Binance API Seemingly Reveals Ongoing Margin Trading Implementation

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Changes made to the public Application Programming Interface (API) of major cryptocurrency exchange Binance seemingly reveal that the company is working on implementing margin trading. A Reddit user brought the API changes to public attention on March 20 after they were updated last week, noting that the Binance public API response differs from what it should be according to the official documentation released by the company on GitHub. More precisely, the API now includes two additional boolean — which means that their value can be only true or false —…

Creditors Will Soon Receive Decisions Over Rehabilitation Claims

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Nobuaki Kobayashi, trustee of the now-defunct Bitcoin (BTC) exchange Mt. Gox, has announced he has concluded the processing of creditors’ rehabilitation claims and that they will be notified of the results within days. The announcement was published in an English translation on March 19. As previously reported, roughly 24,000 creditors are thought to have been affected by Mt. Gox’s 2011 hack and subsequent collapse in early 2014, which resulted in the loss of 850,000 BTC valued at roughly $460 million at the time. Tokyo attorney Nobuaki Kobayashi, who was appointed…

Shanghai Launches Smart City Program with MXC Blockchain Startup

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China has a strong record of spearheading technological innovation, and it appears to be continuing the trend with its interest in blockchain and IoT supported Smart Cities. Recent developments indicate that the government of Yangpu – a district in the major Chinese city of Shanghai, has initiated an agreement with the MXC Foundation to drive the creation of an IoT-based Smart City. Smart Cities Aim to Improve the Quality of Lives For those unaware, a Smart City is an ideological term that refers to the development of cities that have…

Lightning Labs Releases Loop Feature to Improve Bitcoin Payments on Lightning

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Photo: Coinspeaker Lightning Labs has announced the alpha launch of a new feature that will improve the process of sending and receiving Bitcoin on the second layer of Lightning Network. Called ‘Lightning Loop’, the feature will enable users to receive Bitcoin in increasing quantities without having to close and reopen new payment channels. Announcing the alpha release of Lightning Loop, a non-custodial service that makes it easier to receive #bitcoin on Lightning. With Loop, users can get inbound capacity and withdraw from Lightning while keeping channels open. 🔁 Read more…

Mt. Gox Is Taking a Step Towards Paying Out Creditors

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The long-defunct bitcoin exchange Mt. Gox is finally moving toward settling creditors’ accounts in cryptocurrency or cash. The exchange’s rehabilitation trustee, Nobuaki Kobayashi, announced Tuesday that he had either approved or disapproved creditors’ claims and had also notified the Tokyo District Court about the step taken. In the next few days, the trustee said he will declare the results of his decisions on the claims and creditors will be notified by various means. For instance, those who filed claims through the Mt. Gox online filing system will be able to check…

Sirin Labs Partners With MyEtherWallet to Enhance Outreach of Blockchain Smartphone

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Swiss developer Sirin Labs will integrate popular cryptocurrency interface MyEtherWallet (MEW) in its Finney blockchain smartphone, the company confirmed on social media on March 21. Sirin, which released Finney late last year, will now allow MEW users to purchase the device through the latter’s mobile and web interface. In addition, MEW will feature as the go-to wallet interface for Finney users. The move, Sirin and MEW said, came about as a result of a need to drive adoption and make the process of accessing and handling cryptocurrency tokens more straightforward.…

WSJ Claim of $9 Mln Laundered Via Shapeshift Based on Flawed Investigation, Analysts Say

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Blockchain intelligence firm CipherBlade has accused the Wall Street Journal (WSJ) of using flawed investigative methods and thus overestimating the extent of alleged money laundering via crypto exchange ShapeShift. CipherBlade’s analysis of the WSJ report was published in a blog post on March 20. As reported, the WSJ published a lengthy exposé in fall 2018 that alleged ShapeShift had facilitated the laundering of at least $9 million via cryptocurrencies — purportedly more than any exchange with offices in the United States in the course of the Journal’s investigations. The WSJ…

Bitcoin Nears $4,100 as Tokens Gain 20%; Industry Execs Say Crypto Bottom’s In

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The valuation of the crypto market rose by $1.5 billion overnight as the bitcoin price closed on $4,100 and a handful of tokens recorded gains in the range of 10 percent to 25 percent. Based on the global average price of bitcoin as shown on Coinmarketcap.com, the bitcoin price has remained above the $4,000 resistance level for more than seven days. 7-Day Bitcoin Price Chart (Source: Coinmarketcap.com) Join CCN for $9.99 per month and get an ad-free version of CCN including discounts for future events and services. Support our journalists…

Bitcoin, Ether, and XRP Weekly Market Update March 21, 2019 – BTCMANAGER

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The total crypto market cap increased by $6.7 billion for the seven-day period and now stands at $141.4. At the time of writing bitcoin (BTC) is trading at $4,121 while ether (ETH) stands at $141. XRP’s Ripple is at $0.322. BTC/USD Bitcoin was extremely volatile during the March 14 session and was trading in the $3,860 to $4,000 range before closing at $3,950 on the Bitfinex daily chart. It climbed to $4,000 on the next day, March 15 gaining 1.2 percent of the value and successfully escaped the $3,800 to…

‘Decentralization Is the Essential Foundation of Blockchain’, Exclusive Interview With Cudo Ventures’ Matt Hawkins

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‘Decentralization Is the Essential Foundation of Blockchain’, Exclusive Interview With Cudo Ventures’ Matt Hawkins March 21, 2019 by Paul de Havilland Matt Hawkins is a serial entrepreneur and founder and CEO of Cudo Ventures, a company whose GPU mining software is running on machines in over 130 countries around the world. We sat down with Matt to have a chat about crypto mining, the future of Proof of Work, and his views on the dominance of ASIC mining rigs. Also read: AT&T Hit With $224 Million Crypto Theft Suit Over Alleged…