Day: October 10, 2019

Coinbase Pro Releases iOS Mobile App, Promising Usability and Mobility

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Major American cryptocurrency exchange Coinbase has launched a mobile app for its professional trading platform Coinbase Pro.  Coinbase introduced the app in an Oct. 10 announcement. It provides access to more than 50 trading pairs for users in over 100 countries, and generally duplicates the platform’s features including real-time candles, depth charts, order books and types. Coinbase Pro’s mobile app users will pay the same fees for orders as those executed on the desktop platform. Although the Coinbase Pro mobile app is currently only available for iOS users, an app for Android…

Ripple Criticized for Alleged Misrepresentation of Relationship to XRP

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Ripple Labs, the administrator of blockchain payments network Ripple, has come under criticism for allegedly misleading representations that it “discovered” — rather than created — the XRP token. In a series of heated tweets on Oct. 9, Coinmetrics.io co-founder and Castle Island Ventures partner Nic Carter took the company to task for ostensibly attempting to obfuscate the nature of its relationship to XRP: “For the record, these psychopaths are still literally and without a shred of irony claiming that they ‘discovered’ XRP as opposed to having created it.” “Akin to…

US CFTC Chairman Says Ether Is a Commodity, ETH Futures Coming Next

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Chairman of the United States Commodity Futures Trading Commission’s (CFTC) believes that Ether (ETH) is a commodity, with ETH futures trading a coming reality. Heath Tarbert, new CFTC chairman who overtook J. Christopher Giancarlo in July, put forward his stance on Ether, other cryptocurrencies and forked coins at Yahoo Finance’s financial event  All Markets Summit on Oct. 10, Yahoo Finance reports. First CFTC guidance on Ether While the CFTC has been very clear that Bitcoin is a commodity, this is reportedly the first time that the authority has provided a…

Food, Shelter and Clothing: Bitcoin Cash Charities Making a Global Impact

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Eatbch, the unique charity movement providing assistance in the form of community-delivered meals fueled by Bitcoin Cash, continues to serve Venezuela and South Sudan, and is now expanding its connections. The South Sudan Eatbch group just announced they are working with local activists to help shelter and provide for orphans, while across the ocean another initiative, Coins 4 Clothes, is providing warmth in Canada. Also Read: Over 200 Venezuelan Taxis Discover the Benefits of Bitcoin Cash Food and Shelter via BCH The Eatbch project homepage states that “eatBCH is not…

Cryptocurrency Wallets MyCrypto and Ambo Add Multiple New Features

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Cryptocurrency wallets MyCrypto and Ambo (recently acquired by the former) have both announced major updates of their software. Among other improvements, MyCrypto added a multi-account management system. A major overhaul According to a press release shared with Cointelegraph on Oct. 10, MyCrypto’s software has seen a major overhaul with a new user interface and a new homepage, dashboard, screen lock, an updated address book and outgoing transaction procedure. That being said, all those new features are so far included only in the beta (early access) version of the wallet and…

Block.one Rolls Out an Improved Version of EOSIO for Developers

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Popularly known for its industry-leading transaction speed and flexible utility with its EOS (EOS)trade cryptocurrency, Block.one has again broken its record by debuting a better version of its EOSIO 1.0 protocol. The firm asserts that the new protocol, simply dubbed EOSIO 2, was built with developers in mind and we have no doubt about that as the protocol comes equipped with different developer tools to make life easier and better for developers. The goal, according to the company, is to “make it faster, simpler, and more secure to build on…

Bitfinex Doesn’t Have to Compile Documents During Appeal, Judge Says

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A New York judge has rejected a New York Attorney General’s office request to have Bitfinex and Tether collect all documents pertaining to an alleged $850 million cover-up and $900 million line of credit. The NYAG’s office asked New York Supreme Court Justice Joel Cohen to order Bitfinex, Tether, and a number of other affiliated entities to compile all documentation about the loan earlier this month during an ongoing appeals process. Bitfinex opposed this request in another letter sent to the judge earlier this week. On Thursday, the judge ruled…

Tron, Stellar Are Founding Members of Blockchain Education Alliance

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Tron and the Stellar Development Foundation are part of a new alliance that will provide university students with a working knowledge about blockchain technology. Teach students about blockchain In a news release shared with Cointelegraph on Oct. 10, it was announced that top crypto projects Tron and Stellar will work together to form a new educational alliance that will provide university students with the connections and knowledge needed to successfully enter the blockchain industry workforce. Tron and Stellar, together with 11 other members of the Blockchain Education Alliance, will jointly develop…

Alipay to Ban All Bitcoin-Related Transactions

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Alipay, the digital payment arm of Chinese e-commerce giant Alibaba, has declared that it will be banning any transactions related to Bitcoin (BTC) and other cryptocurrencies. Combating illicit players On Oct. 10, Alipay reiterated its anti-crypto stance in a Twitter thread, which warned that the company is closely monitoring over-the-counter transactions to identify irregular behavior and ensure compliance with relevant regulations. Alipay wrote: “If any transactions are identified as being related to bitcoin or other virtual currencies, @Alipay immediately stops the relevant payment services.” This move follows various reports that Alipay…

TON’s Value to Surpass $20B Over 5 Years, Says New Research

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Telegram Open Network’s (TON) value is expected to surpass $20 billion over a five-year horizon, according to a new research by New York-based blockchain venture and digital assets fund Decentral Park Capital. “A sleeping giant awakens” The 59-page document — titled “The Current State of Telegram Open Network. A sleeping giant awakens” — states that TON’s native cryptocurrency Gram (GRM) can possibly become one of the top 10 protocol assets in five years. The research points out TON’s high potential, stressing that it can serve as a gateway for crypto…