Monthly Archives: September 2018

The Bitcoin Files Protocol Provides a BCH Secured File Storage System

This weekend the Simple Ledger Protocol (SLP) developers have announced another new feature to the Bitcoin Cash network called the Bitcoin Files Protocol (BFP). The first implementation of the file storage system has been added to the SLP version of the Electron Cash light client. Also read: Simple Ledger Token Creation Platform Launches on the BCH Network The Bitcoin Files Protocol Anonymous and censorship-resistant file storage is hard to come by these days as governments and corporate entities have made it difficult for peer-to-peer file sharing. Now a […]

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Dubai Department of Finance Launches Blockchain-Based Payment System for UAE Gov’t

Dubai Department of Finance has launched a blockchain-powered payment system geared towards government entities in collaboration with Smart Dubai Office. The Dubai Department of Finance (DoF) has partnered with the Smart Dubai Office (SDO) to launch a blockchain-powered payment system. The news was reported on by a local news site Zawya, September 23. The new platform, called “Payment Reconciliation and Settlement,” was officially launched Sunday, September 23. It is reportedly geared towards government entities, such as the Dubai Police, Roads and Transport Authority (RTA), Dubai Health Authority […]

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Swiss Bankers Association Acts to Prevent Crypto Firm Exodus

The Swiss Bankers Association (SBA) has released a set of guidelines intended to bolster the availability of financial services to cryptocurrency companies. They are in response to the stubbornness of many banks to provide financial services to crypto-related businesses. Also Read: Markets Update: Despite Negative Headlines – Crypto-Prices Continue to Rise Swiss Bankers Association Publishes Guidelines Intended to Stem Crypto Exodus The Swiss Bankers Association has published guidelines aimed at financial institutions who are willing to partner to cryptocurrency and DLT businesses. The guidelines are a response to growing concerns […]

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Study Finds “No Evidence” of USDT Price Manipulation

A study examining the widely suspected correlation between Tether issuance and BTC price movement, undertaken by Wang Chun Wei and published by the University of Queensland, has found that USDT grants do not have a “statistically significant” effect on price fluctuations. Despite refuting the correlation between price fluctuations and Tether grants, the study notes a “positive relationship” between USDT issuance and “increased crypto-trading the following day.” Also Read: China During Crypto Ban: One Woman Tries to Live on Bitcoin  Study Finds No Statistical Correlation Between Tether Issuance and […]

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Markets Update: Despite Negative Headlines – Crypto-Prices Continue to Rise

A few days ago digital asset markets saw some good gains pushing the entire crypto-economy up past $229 billion. Both bitcoin cash (BCH) and bitcoin core (BTC) had nice percentage spikes with BCH up 13 percent, and BTC up 3.5 percent over the last week. However, the biggest gainer this week was ripple (XRP) jumping over 103 percent over the course of the past seven days. Also read: Bitcoin Glyphs Added to Apple’s Shortcuts Application Cryptocurrency Markets Rebound and Consolidate It was a weird week in cryptocurrency land, […]

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All But One of Top 20 Cryptos See Green, Bitcoin Safely Above $6,700

Crypto markets are seeing another wave of growth, with Bitcoin trading above $6,700 and 19 out of the top 20 coins firmly in the green. Sunday, September 23: crypto markets are seeing another wave of green. All but one of the top 20 cryptocurrencies by market cap have made gains over the past 24 hours, according to CoinMarketCap. Market visualization from Coin360 After suffering a slight decline yesterday, Bitcoin (BTC) rebounded today, trading above $6,700 throughout the day. The cryptocurrency is at $6,734 as of press time, […]

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From a Ripple to a Tidal Wave: Collaboration With PNC Leads to XRP Surge

XRP is the talk of the crypto world — becoming the world’s second biggest cryptocurrency by market cap following a week of positive news for Ripple. In another major milestone for cryptocurrency adoption, United States bank PNC will begin using RippleNet to process international payments for its clients. Ripple made the announcement on Sept. 19, stating that PNC’s Treasury Management unit will be using its xCurrent software solution to expedite cross-border transactions for the bank’s U.S. commercial clients. According to initial reports, xCurrent will allow PNC clients […]

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Iceland’s Industry to Shift From Crypto Mining to ‘Pure Blockchain Business,’ Insiders Say

Chairman of an Icelandic data center provider claims that the local crypto industry is going to shift from crypto mining to “pure blockchain business.” Iceland’s crypto industry is expected to move away from crypto mining and shift to “pure blockchain businesses.” This is according to forecasts made by a number of local industry insiders who talked to the news site Red Herring September 23. Halldór Jörgensson, chairman of Reykjavik-based Borealis Data Center, told Red Herring that demand from local crypto and blockchain facilities is “shifting more towards […]

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A Snapshot of Cryptocurrency Forks Shows the Biggest Winners and Losers

Forking cryptocurrencies, usually Bitcoin or one of its offshoots, was all the rage 12 months ago. Today, the spate of new forks has dwindled to a trickle. With the benefit of hindsight, and armed with over a year’s worth of data, it’s possible to determine which forks succeeded and why. Also read: Six New and Improved Cryptocurrency Analysis Tools Fork-o-mania Is Over Forking mania has come and gone. Nine months ago, all manner of dead and dying coins were being artificially revived and their prices pumped under the […]

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Hodler’s Digest, September 16-23: Elon Musk Wants Advice on Twitter Crypto Scammers, the US SEC Wants Comments on BTC ETFs

A Japanese cryptocurrency exchange is hacked of almost 6,000 bitcoins, and Elon Musk turns to Dogecoin creator to get rid of Twitter crypto scammers Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link. Top Stories This Week Japanese Cryptocurrency Exchange Zaif Hacked Of Reported 5,966 Bitcoins As a result of a security breach […]

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