Day: December 3, 2019

Ethereum Devs Reconsider ‘Difficulty Bomb’ Timing as Hard Forks Loom

boss

In light of the earlier-than-expected uptick, Conner drafted EIP 2384, the Istanbul/Berlin Difficulty Bomb Delay, included in EIP 2387. In a little over six weeks, block times have increased from 13.1 to 14.3 seconds, Conner said. And, as the difficulty bomb is an exponential feature of ethereum, a one-second change has large implications down the road.  Source If You Liked This Article Click To Share BombDevsDifficultyEthereumForksHardLoomreconsiderTiming CryptoX Portal

Wisdomtree’s Physically Backed Bitcoin ETP Goes Live on SIX Stock Exchange

boss

New York-based ETF provider Wisdomtree has launched a physically backed bitcoin exchange-traded product (ETP) on Switzerland’s SIX stock exchange. According to Wisdomtree, the new product is not cash-settled like most ETPs traded on the SIX exchange as the BTCW investment product will be settled in BTC. Also read: 7 Crypto Exchange-Traded Products Now Live on Swiss Bourse Wisdomtree Launches Physically Backed Bitcoin ETP on Switzerland’s Principal Stock Exchange On December 3, the American firm Wisdomtree Investments (NASDAQ: WETF) announced the launch of a new BTC-based exchange-traded product (ETP) that will…

Wisdomtree’s Physically Backed Bitcoin ETP Goes Live on SIX Stock Exchange

boss

New York-based ETF provider Wisdomtree has launched a physically backed bitcoin exchange-traded product (ETP) on Switzerland’s SIX stock exchange. According to Wisdomtree, the new product is not cash-settled like most ETPs traded on the SIX exchange as the BTCW investment product will be settled in BTC. Also read: 7 Crypto Exchange-Traded Products Now Live on Swiss Bourse Wisdomtree Launches Physically Backed Bitcoin ETP on Switzerland’s Principal Stock Exchange On December 3, the American firm Wisdomtree Investments (NASDAQ: WETF) announced the launch of a new BTC-based exchange-traded product (ETP) that will…

SoFi Obtains BitLicense to Offer Crypto Trading Services in New York

boss

California-based financial firm SoFi has acquired a BitLicense from the New York State Department of Financial Services (NYDFS), the regulator said in a statement on Dec. 3. SoFi is now one of 24 crypto-related firms that have obtained a BitLicense since 2015, Bloomberg Law’s crypto reporter Lydia Beyoud tweeted the same day. Specifically, SoFi has acquired two licenses — a virtual currency license (BitLicense) and a money transmitter license — that will allow SoFi Digital Assets to offer crypto trading services to its New York customers.  According to the announcement,…

5 Crypto Projects That Crushed It in 2019

boss

As 2019 nears its apex, it’s time to take a look back at the projects that crushed it this year. Crypto startups that shrugged off bearish market conditions, community apathy and industry in-fighting, and focused on shipping clean code and great products. There’s a lot of noise in the cryptosphere, but the following projects cut through it like a knife, delivering original solutions with genuine utility. Having killed it all year, you wouldn’t bet against this quintet doing it all over again in 2020. LiquidApps EOS scaling project LiquidApps emerged…

Global Android Vulnerability Could Grab Wallet and Banking Data

boss

The exploit works by highjacking a legitimate app as it’s launched on almost any Android phone. Instead of going to the welcome screen or login page, the exploit allows a piece of malware to display so-called permissions pop-ups, the kind that asks if the app can access your contacts, location, and stored data. When you approve the request, the malware is given all of the permissions instead of the legitimate app, which continues to run as if nothing happened. Source

Binance Cryptocurrency Exchange Adds Support for Tezos Staking

boss

Binance — the second-largest crypto exchange by daily trade volume — has announced support for Tezos (XTZ) staking, according to an announcement published on Dec. 3. Starting on Dec. 4, Binance’s users will be able to trade with XTZ, with XTZ rewards to be calculated daily based on live snapshots and distributed monthly. The distribution is set to end before Jan. 20, and after that on the 20th day of each following month. Binance said that users must hold at least 1 XTZ in order to qualify for staking rewards.…

Ripple Return 1 Billion XRP to Escrow, Will Price Start to Rise?!

boss

Since day one investors have been obsessed with the fact Ripple releases 1 billion XRP from escrow every month to sell directly to wealthy investors & institutions. This discounted XRP was sold directly to major institutional investors and organizations with proceeds going to the advancement of the XRP ecosystem. As usual, 1 billion XRP released from escrow on Dec 1st, almost immediately it was returned to the same wallet meaning all XRP must now be bought on exchanges. As readers may recall from the previous quarterly report, Ripple publicly announced…

Data Shows Crypto Exchange Volume May Not Equate to Website Traffic

boss

As a young industry, the cryptocurrency space has been like a revolving door, seeing numerous companies, projects and assets come and go with the wind. Crypto exchanges, in particular, have seen their fair share of changing tides. Outfits such as BitMEX and Binance have grown since 2017 while newcomers such as Bybit have more recently entered the spotlight.  It is not uncommon for such exchanges to gain social media attention as various personalities promote their reference links and talk about different digital assets on crypto-Twitter and YouTube.  BitMEX, Bitfinex, Coinbase,…