April 4, 2020

BitValve offers ZERO-Fee P2P Trading

April 4, 2020 boss

What is BitValve P2P Exchange ? The main idea behind BitValve P2P Crypto Exchange is that every person in the world would be able to access, buy and sell, their favorite cryptocurrency by using any payment method available, whether it is fiat or cryptocurrency, and trading directly with other users. The Platform will ensure the security of the transaction by acting as a trusted escrow service. Furthermore, the Platform will have a positive effect on the countries that are currently facing a financial crisis, such as Venezuela, by giving their…

Staking, Consensus and the Pursuit of Decentralization

April 4, 2020 boss

Oh, the wonders of decentralized consensus — that dream of permissionless blockchains to be censorship-resistant, trustless, collaborative and egalitarian for a potentially global community of users. While lofty in ideals, consensus is foundational for each crypto network, which must agree upon that most basic question of who decides what on the network. Decentralized consensus in the form of a proof-of-work mechanism was at the core of Satoshi Nakamoto’s innovation when creating Bitcoin — all additional protocol elements stem from PoW’s ability to reach consensus regarding the digital ledger through the computational…

Blockchain Experts Weigh in on Russia’s Controversial Coronavirus Tracking App

April 4, 2020 boss

Experts suggest that blockchain technology could have been a better solution for handling coronavirus-related data in Russia. Moscow’s COVID-19 App is pulled from Google Play On March 25, an app called “Social monitoring” appeared in Google Play store. According to the app’s description, it was designed for social monitoring as well as for providing access to emergency services. Users soon noticed that the app required many sensitive permissions, including geolocation, bluetooth pairing, biometric data, and calls. Notably, the data was also being openly transmitted without encryption. The backlash against the…

Crypto Community Largely Approves of Binance Acquiring CoinMarketCap

April 4, 2020 boss

Despite markets all over the world facing ever-worsening economic troubles amid the ongoing coronavirus pandemic, it seems as though the crypto industry has been able to weather the storm, at least thus far. In this regard, Binance — the world’s largest cryptocurrency exchange — has recently reached an agreement to acquire CoinMarketCap, one of the most prominent crypto data websites. The official announcement was made by both companies on April 2, with Binance CEO Changpeng Zhao telling Cointelegraph that CMC and Binance have from the very start been working to…

Billionaire Optimistic On Bitcoin as a ‘Flight to Safety’

April 4, 2020 boss

In an interview with Morgan Creek Digital founder, Anthony Pompliano, Chamath Palihapitiya, billionaire CEO of venture capital firm, Social Capital, said that now could be Bitcoin’s time to shine. “I think Bitcoin needed a moment like this for it to be relevant,” Palihapitiya said. “It’s still a speculative instrument, and it’s too speculative for it to be reliable,” he explained. Bitcoin is still too turbulent In his interview with Pompliano, Palihapitiya talked about a bevy of topics pertaining to the current global economy. In terms of replacing USD or other…

Voyager Onboards 40,000 Circle Invest Customers

April 4, 2020 boss

Crypto trade service firm, Voyager Digital Canada, has completed its acquisition of Circle’s retail-facing investment app. On April 3, Voyager announced it had onboarded Circle Invest’s more than 40,000 accounts onto its platform — excluding residents of New York, North Carolina, and Alaska. Voyager now reports a user base of more than 200,000 in total. Circle Invest was sold in exchange for a 4% stake in Voyager in February. Voyager onboards Circle Invest clients Voyager offers commission-free trading on 34 crypto assets and USD. The firm will continue to offer…