Day: May 27, 2019

Pseudonymous Messaging With Integrated Payments Is Blockchain’s Killer App

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E-cash inventor David Chaum says he believes the real killer app for blockchain and cryptocurrencies will be privacy-oriented messaging systems integrated with payments. Chaum made his remarks in an interview on the Bloomberg Odd Lots podcast on May 27. Chaum — a trailblazing American cryptographer who invented a secure, privacy-preserving digital currency back in 1982 — told Bloomberg that he believes that increased awareness around privacy and digital sovereignty in the contemporary era has paved the way for blockchain and cryptocurrencies to make a breakthrough as a mass society and…

App Offering Free Bitcoin and Ether to Users Is a Scam, Malware Hunter Warns

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An app that claims to give users the chance to earn $45 a day in free bitcoin (BTC) is a scam, according to a tweet by an “independent malware hunter” posted on May 20. The software, known as Bitcoin Collector, is advertised on a website that supposedly enables users to share a unique URL with their friends with payouts of 3 ether (ETH) (worth about $800 at press time) for every 1,000 people who click on it. But according to a security researcher who goes by the nickname Frost on Twitter, the app is a…

Cryptocurrencies bounce back with Bitcoin scoring 10% gains this monday

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Bitcoin soared to the highest level in a year, extending a run that has seen prices more than double since March. The largest cryptocurrency climbed as much as 10 per cent on Monday from levels on Friday, and was trading at $8,847 as of 10.25am in Tokyo. Rival coins were also stronger at the start of the week. Litecoin added almost 9 per cent and Ether, the second largest digital token, rose 6 per cent. Crypto proponents are taking encouragement from a string of recent headlines showing greater interest in…

Deutsche Telekom Unit to Cooperate With Binance-Listed Project on Autonomous IoT Network

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A unit of German telecom giant Deutsche Telekom will work with Binance-listed project Fetch.AI (FET) to develop decentralized IoT network innovations, according to a press release shared with Cointelegraph on May 22. Fetch.AI, a Cambridge-based tech startup, has signed a memorandum of understanding (MoU) with Deutsche Telekom’s T-Labs to build and implement autonomous agents (AEAs) on the Fetch.AI test network in order to integrate them into Internet of Things (IoT) device communications. The new partnership intends to find out how AEAs can be incorporated into IoT devices in order to…

Why Analysts are Adamant Bitcoin Rally is Just Gettin’ Started After 130% Gain

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The past 12 hours have been a blur for the crypto asset market. In a matter of hours, Bitcoin (BTC) rushed passed key resistance levels at $8,000, $8,400, and $8,800. This marked the first time that BTC had decisively broken above $8,400 since May… 2018. Sitting at $8,850 as of the time of writing this, Bitcoin is situated in an area of minimal support and resistance, leading some to postulate what comes next for digital assets. Let’s take a look at what analysts think. Related Reading: Binance’s CZ Expects Bitcoin…

Why Analysts are Adamant Bitcoin Rally is Just Gettin’ Started After 130% Gain

boss

The past 12 hours have been a blur for the crypto asset market. In a matter of hours, Bitcoin (BTC) rushed passed key resistance levels at $8,000, $8,400, and $8,800. This marked the first time that BTC had decisively broken above $8,400 since May… 2018. Sitting at $8,850 as of the time of writing this, Bitcoin is situated in an area of minimal support and resistance, leading some to postulate what comes next for digital assets. Let’s take a look at what analysts think. Related Reading: Binance’s CZ Expects Bitcoin…

Cryptopia Fumbles Customers’ Stolen Crypto Recovery in Catastrophic F**kup

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By CCN: Cryptopia, the cryptocurrency exchange shattered by an over $16 million hack earlier this year, is in a huge mess as a third-party server host demands $2 million to release customer data. The fall of Cryptopia In January, Cryptopia got hacked two times. In the first case, the attacker stole approximately $16 million worth of Ethereum tokens from over 76,000 wallet addresses. At the second time, the losses were less significant; the hacker siphoned a total of 1,675 ETH. PLEASE DO NOT SEND ANY DEPOSITS TO CRYPTOPIA. — Cryptopia…

Cryptopia Fumbles Customers’ Stolen Crypto Recovery in Catastrophic F**kup

boss

By CCN: Cryptopia, the cryptocurrency exchange shattered by an over $16 million hack earlier this year, is in a huge mess as a third-party server host demands $2 million to release customer data. The fall of Cryptopia In January, Cryptopia got hacked two times. In the first case, the attacker stole approximately $16 million worth of Ethereum tokens from over 76,000 wallet addresses. At the second time, the losses were less significant; the hacker siphoned a total of 1,675 ETH. PLEASE DO NOT SEND ANY DEPOSITS TO CRYPTOPIA. — Cryptopia…

Telegram’s TON Testnet Blockchain Light Client Uploaded to GitHub

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A GitHub user seeming uploaded the first version of the Telegram Open Network (TON) blockchain light client on May 25. Per the readme information file on GitHub, the client — if configured properly — connects to a full node for the TON blockchain testnet and sends some queries to it. The apparent existence of a testnet is in line with reports released in April, according to which Telegram opened access to a testing version of the TON Blockchain to a limited number of global developers, including Russian development teams. The document…

Yahoo! Japanese Cryptocurrency Exchange Taotao Confirms May 30 Launch

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Japanese cryptocurrency exchange Taotao will launch its trading service on May 30, Cointelegraph Japan reported Monday, quoting a social media update. Taotao, which is 40% owned by internet giant Yahoo! Japan’s YJFX, will initially offer trading in bitcoin (BTC) and ether (ETH). Margin trading will also be available in litecoin (LTC), XRP and bitcoin cash (BCH) in addition to BTC and ETH. The start date brings to a close a year-long process since Yahoo! Japan closed the 40% percent equity deal in the exchange, then called BitARG, in April 2018.…