Day: May 29, 2019

Cashscript Is Coming, Bringing Ethereum-Like Smart Contracts to Bitcoin Cash

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On May 27, the analytics and data web portal Coin Dance announced the team has added the Cashscript project to the website’s development tracker. Cashscript is a high-level language that enables basic smart contract functionality on the Bitcoin Cash (BCH) network. Also Read: Crypto Assets Outshine Most Traditional Investments in 2019 Meet Cashscript: A High-Level Programming Language for Bitcoin Cash Smart contract functionality is coming to the Bitcoin Cash network, which will allow developers to not only use the peer-to-peer cash as a medium of exchange, but also execute unique…

3 Major Cryptocurrencies Gearing Up for Shocking Rallies

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By CCN: With bitcoin creeping within inches of $9,000 on Bitfinex a few days ago, it seems that all eyes are on the king of cryptocurrencies. While the digital coin looks bullish, we believe that it has topped off for now. Thus, it will serve you better to look elsewhere, specifically at ethereum, ripple (XRP), and cardano. These three cryptocurrencies are showing unbelievable strength, and they are not getting the attention they deserve. Ethereum Price on the Verge of Surging to $365 Far too many traders are sleeping on ethereum.…

BTC Holdings Make Up $1.97B of $2.1B Assets Under Management

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American digital asset manager Grayscale announced that out of the firm’s $2.1 billion of assets under management, $1.97 billion resides in its bitcoin investment trust. The firm tweeted the figures on May 28. According to the published data, the bitcoin (BTC) trust is responsible for nearly 94% of the firm’s total assets under management. Meanwhile, the firm also noted that its bitcoin cash (BCH) trust is worth $6.7 million and its ether (ETH) trust $13 million, while the XRP trust is worth $5.7 million. The second-biggest trust is the one…

BUX and ABN AMRO Clearing Partner on Blockchain-Powered Stocks Investment Mobile App

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Global securities services provider ABN AMRO Clearing has signed a contract to provide European mobile investment platform BUX with blockchain technology for a forthcoming commission-free stock trading mobile app. The news was revealed in a BUX news release on May 29. According to the news release, ABN AMRO Clearing processed 3.79 billion trades in 2018, and reportedly consistently ranks as a top three clearer for listed derivatives and cash securities, OTC products, warrants, commodities and FX across the majority of time zones.   BUX’s new app, dubbed STOCKS, is slated…

Hong Kong Bitcoin Exchange CoinBene Earns Public Warning in Germany

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By CCN: CoinBene, who denied being hacked earlier this year, is not registered to do business in Germany. German regulators want you to know that. Bitcoin Exchange Coinbene Swears it Wasn’t Hacked: Traders Fear the Worst https://t.co/lxvz06DxGZ — CCN.com (@CCNMarkets) March 28, 2019 Regulated exchanges, still not the norm in cryptoland, go the extra mile of registering in every country where they intend to operate. In the United States and elsewhere this can mean numerous rounds of registrations – several states, including New York, have their own crypto regulations. Germany…

Tezos Is About to Undergo Its First Token Holder Administered Update

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Disclaimer: The headline of this article previously read that Tezos underwent a hard fork and was subsequently corrected. After three months, a governance vote of public smart contract-enabled blockchain tezos (XTZ) started on Feb. 28 has been concluded — as scheduled — three months later, on May 28. Cryptocurrency news outlet Coindesk reported yesterday that the voting process has approved the upgrade — dubbed Athens A — and that the implementation is imminent. Tezos is a so-dubbed “self-amending” proof-of-stake blockchain, which means that it has an integrated upgrade system managed…

Indonesia to Improve Its Shipping Industry With New Multi-Million Blockchain Project

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Singapore-based blockchain firm PLMP Fintech will participate in a multi-million logistics project in partnership with the government of Indonesia, according to a press release on May 29. The new initiative is made in partnership with the Ministry of Trade of Indonesia and intends to transform the country’s shipping industry starting from the Riau Province, which is located on one of the world’s busiest shipping lanes. The project is a result of a new memorandum of understanding (MoU) signed between PLMP Fintech and major industry-related entities in the Indonesian city of…

Researchers Say 50,000 Servers Worldwide Infected With Privacy Coin Cryptojacking Malware

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As many as 50,000 servers worldwide have allegedly been infected with an advanced cryptojacking malware that mines the privacy-focused open source cryptocurrency turtlecoin (TRTL). The news was revealed in an analysis by international hacker and cybersecurity expert group Guardicore Labs on May 29. As reported, cryptojacking is an industry term for stealth crypto mining attacks which work by installing malware that uses a computer’s processing power to mine for cryptocurrencies without the owner’s consent or knowledge. Having first detected the campaign in April and traced its origins and progress, Guardicore…

A Huge Bitcoin Price Correction is Still a Couple of Months Away: Analyst

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The bitcoin price has dropped by up to 5.80 percent from its recent peak of $8,947. But the cryptocurrency’s least-awaited downtrend has still not begun, according to Josh Rager. The prominent cryptocurrency analyst said on Tuesday that bitcoin’s next downside correction is still a couple of months away owing to its past behaviors. Rager noted that bitcoin takes an average of 98 days to initiate big pullbacks in an uptrend. The cryptocurrency’s last significant price correction took place on May 17, which means it has at least three months to…

Share Bitcoin Cash Related Shortlinks Using BCH.gg

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Projects and members of the Bitcoin Cash community often need to share important information with other BCH enthusiasts. If you are involved with the cryptocurrency, there’s a website called BCH.gg you can use to shorten URLs, with each shortlink featuring the BCH name. Also Check: How to shorten adult links and Get paid to share your links on the Internet BCH.gg Provides Stats About Shortened Links BCH.gg is an easy to use online tool developed by the crypto market stats and charting data website Coinsalad.com for the Bitcoin Cash community.…