Day: January 8, 2020

Monero’s Triptych Research Could Vastly Improve Its Anonymity

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The Monero Research Lab (MRL) has released Triptych in a Jan. 6 paper proposing trustless logarithmic-size ring signatures. As Monero’s core anonymity mechanism, research aimed at decreasing their size could improve the coin’s privacy significantly. Monero (XMR) is a privacy coin that uses several distinct mechanisms to obfuscate parts of a transaction. The primary line of defense against transaction tracing comes from ring signatures. These work by aggregating a sender’s true coins with a set of decoys, picked semi-randomly from other points in the blockchain. There are currently 10 decoys…

Decentralized Aragon Court Now Onboards Jurors to Settle Real Cases

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Decentralized management platform Aragon has begun onboarding jurors for its decentralized Aragon Court set to be launched in mid-February. Per Aragon’s official website, the company developed a community governed decentralized organization, with the objective of operating as a digital jurisdiction and an online decentralized court. By rolling out Aragon Court, the team behind the project aims to eliminate “traditional artificial barriers such as national jurisdictions or the borders of a single country” when it comes to adjudicating disputes. As of Jan. 7, Aragon Court began letting members convert the network’s…

Facebook’s Calibra Looks for Two Marketing Professionals

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Facebook’s Calibra is on the hunt for two marketing specialists as the company continues development of its Libra stablecoin project. The company is looking for a head of media, digital marketing and community and a head of brand for the Calibra digital wallet unit. The roles ask for applicants with a minimum of 15 years of experience in their respective fields, as well as upwards of ten years of leadership and people management experience. Per the job ads, the proposed head of media will be engaged in building acquisition and…

Oman’s Largest Port Joins Blockchain Shipping Platform TradeLens

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The largest port in the Middle Eastern nation of Oman has signed up to TradeLens – a blockchain supply chain platform founded by IBM and Maersk. The Port of Salalah recently became a member of the shipping data project as part of its digital transformation efforts, according to a report in the Times of Oman on Wednesday. The platform enables companies along the shipping supply chain to share data on cargoes in real time over its permissioned blockchain, ultimately aiming to bring improved transparency and efficiency to international trade. According…

Oman’s Largest Port Joins Blockchain Shipping Platform TradeLens

boss

The largest port in the Middle Eastern nation of Oman has signed up to TradeLens – a blockchain supply chain platform founded by IBM and Maersk. The Port of Salalah recently became a member of the shipping data project as part of its digital transformation efforts, according to a report in the Times of Oman on Wednesday. The platform enables companies along the shipping supply chain to share data on cargoes in real time over its permissioned blockchain, ultimately aiming to bring improved transparency and efficiency to international trade. According…

Bitcoin Just Got Rejected at $8,400, And It Means a Big Fall Ahead

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Bitcoin is showing first signs of a weakening upside momentum as traders adjust their sentiments near key resistance areas. The benchmark asset on Wednesday plunged by up to 3.15 percent in what appears to be a corrective action. The move downhill prompted it to establish an intraday low of $8,202.57 on Coinbase. It also escalated the possibilities of an extended downside action as the market heads into a perceivably relaxed US session. So it appears, investors are betting that the Iranian missile attacks on American stations in Iraq would not…

South Korean Authorities Formulate Legislation to Boost Mainstream Bitcoin Adoption

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South Korea’s Presidential Committee on the Fourth Industrial Revolution (PCFIR) is advocating that the Korean government makes cryptocurrencies mainstream by introducing friendly regulations that will help to integrate distributed ledger technology (DLT) powered digital assets into the traditional financial world, according to an Ibtimes report. PCFIR Push to Make Cryptocurrency Mainstream Per sources close to the matter, the PCFIR is advocating for the South Korean government to set well-defined cryptocurrency regulations in the country in a bid to bridge the gap between digital assets and traditional finance. Reportedly, cryptocurrency regulations…

What Are the Biggest Crypto and Blockchain Topics to Follow in 2020

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I see exciting developments in applications in the fields of mobility, energy and real estate: The Austrian blockchain specialist Riddle&Code developed a “Car Wallet” for Mercedes Benz. It is planned that the Car Wallet will be installed in new models in 2020. This means that in the future, cars will be able to pay for their services themselves, such as parking fees, tolls, refueling/loading, insurance, etc. A revolution and an important milestone for autonomous driving. And cars built in 2020 will be on the road for the next 30 years,…

Crypto Lending Firm BlockFi Adds Support for Litecoin and USD Coin

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Major cryptocurrency lending company BlockFi has added support for two new assets to its list of supported digital currencies. According to a press release shared with Cointelegraph on Jan. 8, the firm has added major altcoin Litecoin (LTC) and USD Coin (USDC) — the dollar-backed stablecoin from major United States-based cryptocurrency exchange Coinbase.  The new additions mean that BlockFi users can now trade and receive loans as well as interest with the aforementioned cryptocurrencies. Clients can earn monthly compounding interest through the BlockFi Interest Account (BIA). USDC carries an annual…

Ripple’s XRP Struggles After Explosive Price Rally; And Bigger Losses Are Likely

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Ripple blockchain’s native asset XRP showed signs of a weakening bullish momentum as traders’ reassessed their risks in the altcoin market. The third-largest cryptocurrency by market capitalization plunged by 4.24 percent on Tuesday. The losses came as a correction to an explosive price rally registered earlier this week, wherein the XRP-to-dollar exchange rate swelled by circa 15 percent. As of today, the pair was more or less flat in the absence of adequate buying sentiment. The XRP price hints a reversal upon testing a key resistance trendline | Source: TradingView.com,…