Day: May 3, 2019

Alternative Bitcoin Cash Full Node Bchd Now Includes Public API

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On May 3, the developers behind the Bchd project, a Bitcoin Cash full node implementation written in Go (golang), announced the release of a public application programming interface (API). The latest API feature shipped with the new version 0.14.3 offers an out-of-the-box solution that the Bchd developers say “just works.” Also read: Indian Supreme Court Postpones Crypto Case at Government’s Request Bchd Developers Announce Public API This week, Bchd developers announced the gRPC API for the alternative full node bitcoin cash implementation written in Go (golang). The Bchd project already…

Four Leading US Drug Companies Join Blockchain Project to Manage Chargebacks

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Pfizer Inc. and other leading American pharmaceutical companies have joined a project to build a blockchain network for the health and pharmaceutical industry, according to a press release on May 2.   McKesson Corporation, AmerisourceBergen Corporation, Premier Inc. and Pfizer Inc. have joined the MediLedger Project Contracting and Chargebacks working group. MediLedger — which is an initiative of San Francisco-based blockchain tech company Chronicled Inc. —  is designed to reduce costs and make processes more efficient in data sharing by developing a common network. The solution will purportedly automate the…

Fee Has Successfully Stabilized DAI, MakerDAO President Says

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DAI stablecoin, which is pegged to the United States dollar, is now in a relatively stable position, according to the president and COO of MakerDAO, Steven Becker, in an Q&A session on May 2. The transcript of the meeting, which focused on demand and supply imbalance, appeared on Reddit. Becker discussed the efficacy of the stability fee alongside MakerDAO’s head of community development Richard Brown and Vishesh Choudhry of the company’s Foundation Risk Team. According to Becker, DAI is now stable thanks to the community’s implementation of the stability fee.…

Report: Craig Wright Serves Roger Ver with Libel Suit

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Australian computer scientist Craig Wright has served Roger Ver, CEO of Bitcoin.com, with a libel suit at a London bitcoin cash meetup according to a report by Decrypt on May 2. According to the report, Ver called Wright “a fraud and a liar” in a YouTube video — which has since been stricken for violating YouTube community guidelines — that prompted Wright’s libel suit. Ver commented to Decrypt that he will be fighting the lawsuit. Wright has served legal suits to other figures in the crypto sector, who have denied…

Phase Zero Code for Ethereum PoS Transition Can Be Completed by June 30: ETH Core Devs

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A code for the Ethereum (ETH) blockchain’s first-stage transition to a proof-of-stake (PoS) consensus algorithm could be completed by June 30, as stated in an Ethereum core developers meeting on May 2. In a bi-weekly call, Ethereum researcher Justin Drake claimed that the developers team expects to prepare code specifications for phase zero by the end of June. Drake stated: “We’re still very much on track. Still, [code] simplifications are coming through, which is great and the process of fine combing is also for finding these final bugs.” Phase zero…

Facebook Partners with E-Commerce Companies to Support Crypto Payment

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The Wall Street Journal has reported that Facebook is in talks with various e-commerce companies and financial firms to support its crypto payment that is under development. So far Facebook has engaged MasterCard and Visa about the project that is known as Project Libra. Crypto Payment Facebook is expected to commit $1 billion to the development of crypto payment. The company has approached various e-commerce companies to invest in its crypto payment feature and be a partner of the network. Paying via crypto will not be limited only to Facebook…

3 Reasons Bitcoin Will Race Toward a New Record High at $20,000

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By CCN: The bitcoin price surged as much as 7.60-percent on Friday to establish a new 2019 peak at $5,796.93. The uptrend pushed bitcoin’s year-to-date rally to an impressive 54.08-percent. At the same time, it brought the asset’s total recovery to an astounding 82-percent and set the cryptocurrency well on its way to a fresh record high. Here are three factors that indicate the bitcoin price has not only found a bottom but is also well on its way to smashing through the $20,000 peak it set in late 2017.…

Ongoing Recovery Is Bullish For Bitcoin (BTC): Fundstrat

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Fundstrat Awaits Rally Past $6,000 Over the past 48 hours, Bitcoin (BTC) bulls have begun to return en-masse. As of the time of writing this, BTC is trading at $5,675, finding itself up by around 5% in the past 24 hours. Crypto assets as a whole have yet to post similar gains, leading some to postulate that Bitcoin’s recent rally has much to do with the Tether and Bitfinex news, but some are sure that the asset’s chart remains bullish. In a recent research note obtained by Bloomberg, Robert Sluymer,…

Dark Web Portal Wall Street Market Being Tied to Bitcoin Exit Scam

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The dark web platform Wall Street Market, which underwent a complete crash weeks ago before finally being pulled by authorities, is now being tied to a Bitcoin or cryptocurrency exit scam. Wall Street Market, which was estimated to be the second largest marketplace on the “dark web,” was officially shuttered by authorities on May 3. According to a release by Europol, the platform was taken down and three of its principal traders were arrested. Similar to other dark web portals–The Silk Road being one of the more historic and relevant…