Day: April 16, 2020

Blockchain Voting Systems Could Be the Future, but Current Flaws Persist

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As shelter-in-place orders are extended throughout the United States due to the coronavirus pandemic, controversy around online voting systems has surfaced. The dangers of internet voting were recently publicly announced by the American Association for the Advancement of Science, or AAAS. On April 9, the AAAS Center for Scientific Evidence in Public Issues wrote an open letter to U.S. governors, secretaries of state and state election directors expressing great concern regarding the security of online voting systems.  While the letter stated that “internet voting is not a secure solution for…

Libra Just Made a Bunch of Changes to Play More Nicely With Regulators

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After a rocky road with the United States Securities and Exchange Commission, key decision-makers at Libra have gone back to the drawing board to re-tool their cryptocurrency platform to be more palatable to regulators. First of all, Libra has applied for a payment system license from Swiss regulator FINMA (Swiss Financial Markets Supervisory Authority). This is a huge milestone on the way to some publicly usable Libra payments system, but there is still work to be done. Libra’s licensing process will continue to require input from other central banks and…

Bitcoin Volatility-Tracking Options See 25% Monthly Volume Increase

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Move, an options contract which tracks Bitcoin’s (BTC) daily volatility, recently saw a 25% 30-day trading volume increase on the crypto derivatives platform, Delta Exchange. According to an announcement which Delta Exchange sent to Cointelegraph on April 16, Move contracts worth $8 million were traded on the platform over the past 30 days. The platform also observed an additional $1 million worth of Ether (ETH) volatility tracking contracts traded during the same time period. The exchange’s CEO Pankaj Balani said: “Whilst the first 2 weeks of March saw just over…

Bitcoin and Ether Market Update: April 16, 2020

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Total crypto market cap added $9.4 billion to its value since Monday morning and now stands at $201.4 billion. Top ten coins are all in green for the last 24 hours with EOS (EOS) and Ether (ETH) being the top performers with 9.7 and 9.5 percent of gains respectively. At the time of writing Bitcoin (BTC) is trading at $7,087 on the Bitstamp daily chart, while ether (ETH) moved down to $172 and Ripple’s XRP fell further to $0.191. BTC/USD Bitcoin remained flat on Sunday, April 12 even though it…

Bitcoin.com Exchange Now Supports Reserve’s Stablecoin RSV and the Utility Token RSR

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Bitcoin.com’s Exchange continues to grow and during the last few months, the platform has added support for a number of well known tokens. This week, the trading platform has added support for the Reserve stablecoin (RSV) and the project’s utility token (RSR). Bitcoin.com Exchange users will be able to trade RSV and RSR with trading pairs like bitcoin cash (BCH) and tether (USDT). Also read: China’s Research Institute Updates Crypto Ranking — Review Affected by Pandemic Bitcoin.com Exchange Adds Two Reserve Tokens – RSV and RSR Since launching the trading…

Bitcoin.com Exchange Now Supports Reserve’s Stablecoin RSV and the Utility Token RSR

boss

Bitcoin.com’s Exchange continues to grow and during the last few months, the platform has added support for a number of well known tokens. This week, the trading platform has added support for the Reserve stablecoin (RSV) and the project’s utility token (RSR). Bitcoin.com Exchange users will be able to trade RSV and RSR with trading pairs like bitcoin cash (BCH) and tether (USDT). Also read: China’s Research Institute Updates Crypto Ranking — Review Affected by Pandemic Bitcoin.com Exchange Adds Two Reserve Tokens – RSV and RSR Since launching the trading…

Social distancing

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This One Financial Trend Will Make Bitcoin Succeed: Billionaire

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While Bitcoin has embarked on a steep recovery since the $3,700 lows seen in March, some have still been questioning the value of cryptocurrency. Case in point: a hedge fund manager named Mark Dow recently shared that he thinks the cryptocurrency is on the “edge of a cliff,” adding: “I’ve been saying…that Bitcoin on the chart is facing massive overhead resistance. Based on this chart, this rn is a textbook opportunity to short,” he said while pointing to the below image. But, according to a billionaire investor, the leading cryptocurrency…

Hardware Wallet Leader Ledger Adds Tron Support to Its Software

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Leading hardware wallet producer Ledger announced that its official wallet software now supports Tron (TRX). According to an announcement, Ledger Live — the official wallet software for Ledger’s hardware wallets — now allows its users to manage their Tron addresses. Furthermore, Ledger hardware wallet owners can also stake their TRX directly from the software. The announcement reads: “You can now manage your Tron (TRX) into Ledger Live and stake them, which means getting rewards without doing anything!” Ledger also announced that — to celebrate the added Tron support — the…