Day: December 2, 2019

Litecoin-Funded Grin Developer Challenges Mimblewimble’s Privacy Issue

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A Grin (GRIN) developer funded by the Litecoin Foundation has suggested a solution for fixing the “Achilles heel of Mimblewimble privacy.” David Burkett, a developer at Mimblewimble’s (MW) privacy-centric coin Grin, started a thread on monthly updates detailing progress on both Grin’s development and the integration of MW’s privacy-focused technology into Litecoin (LTC). The developer announced the news on Twitter on Dec. 1: “I’ll be posting monthly status updates detailing progress on the LTC MW EB (YAY acronyms). This is geared toward those interested in LTC development, but will also…

The Vertcoin Cryptocurrency Just Got 51% Attacked – Again

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Occurring on Sunday, Dec. 1, the blockchain reorganization caused five “double spends” to the value of 125 vertcoin (VTC) worth approximately $29. “Each of the double-spent outputs are coinbase outputs owned by the attacker and it is unknown to whom the coins were originally sent before being swept to an attacker address after the reorg,” Lovejoy said. Source

Blog: ICO and The Alan Turing Institute open consultation on first piece of AI guidance

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2 December 2019 A blog aimed at data scientists, app developers, business owners, CEOs or data protection practitioners, whose organisations are using, or thinking about using, artificial intelligence (AI) to support, or to make, decisions about individuals, by Simon McDougall, Executive Director Technology and Innovation What do we really understand about how decisions are made about us using artificial intelligence (AI)? The potential for AI is huge, but its implementation is often complex, which makes it difficult for people to understand how it works. And when people don’t understand a…

$7,800 Next as Bitcoin Displays an Indication of Price Leap

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The Bitcoin CME gap has turned out a tradable situation as of late, in any case, in past weeks, the gap has remained underneath the weekly gap however this isn’t the situation now. On November 29, the CME market left at $7,800, and at the hour of composing, Bitcoin was trading at $7,278.04. This implies if the CME is filled, Bitcoin may encounter a 7% value growth. While the scenario isn’t ensured aftermath, it has turned out an entirely dependable and extraordinary measurement for the cryptocurrency as of late, and…

Dutch Crypto Startups Brawl With Regulators Over Scope of EU Money Laundering Rule

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Banking compliance consultant Simon Lelieveldt, who has worked for the DNB and as a Dutch financial historian, said the two entities are trying to be proactive and not repeat past mistakes. Regulators are under pressure from critics who say lax oversight, particularly concerning the Netherlands largest bank, ING, led to the 2008 collapse. ING received a €10 billion government bailout, an amount it eventually paid back with interest. Source

Can Blockchain Technology Really Solve The Problems Faced By The Cannabis Industry?

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For sure, anything related to technology may seem too complex for the ordinary person. Despite having a somewhat complex name, blockchain technology is quite easy to understand. I’m just an ordinary person like you and me, yet I was able to perform research on blockchain technology, and let me tell you, it’s quite impressive. If you have been following cryptocurrency over the last few years, you may have already come across the term “blockchain.” If you’re not a tech expert like me, then you would have relied on Google for…

Binance Crypto Exchange Adds Four Trading Pairs for Russian Ruble

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Major cryptocurrency exchange Binance listed four Russian ruble trading pairs, according to an announcement on Dec. 2. The first trading pairs featuring the ruble include Binance Coin (BNB), Bitcoin (BTC), Ether (ETH) and XRP. Binance CEO Changpeng Zhao commented on the development in a tweet sent the same day. Binance’s addition of trading pairs follows the introduction of ruble trading on the platform in late October when Zhao announced that users could then deposit and withdraw fiat funds in rubles.  Zhao has previously lauded Russia’s position as an important jurisdiction…

How the Upcoming Bitcoin Halving Compares to Previous Cycles

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For those standing very close to the crypto charts, it might be easy to get discouraged by the gloomy nature of recent markets. However, new comparisons of the current halving cycle to those in the past have emerged and might put some wind back into the sails of traders, hodlers, and cryptocurrency enthusiasts in general. Also Read: As Halving Interest Grows, Spectators Discuss Miner Hoards and Capitulation Miners Unfazed as Halving Approaches Though crypto prices took a big dip in November, with BTC falling 30% from a high of $9,486…

P2P Bitcoin Marketplace Paxful Set to Surpass LocalBitcoins in Volume

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Peer-to-peer (P2P) Bitcoin (BTC) marketplace Paxful recently hit an all-time-high in weekly traded volume. As of Dec. 2, CoinDance data reveals that for the week of Nov. 23, Paxful saw close to $30 million in P2P Bitcoin trades continuing a consistent upward trend since the platform’s inception. Weekly Paxful Volume (Global), 2015-present. Source: CoinDance Paxful trumps LocalBitcoins’ trend Paxful is a P2P over-the-counter platform that connects users offering to buy and sell Bitcoin using gift cards, Paypal, domestic bank transfers and other payment methods. As a decentralized and non-custodial service,…