Monthly Archives: May 2019

Phase Zero Code for Ethereum PoS Transition Can Be Completed by June 30: ETH Core Devs

Code specifications for the first Ethereum transition phase to PoS could be prepared by the end of June. A code for the Ethereum (ETH) blockchain’s first-stage transition to a proof-of-stake (PoS) consensus algorithm could be completed by June 30, as stated in an Ethereum core developers meeting on May 2. In a bi-weekly call, Ethereum researcher Justin Drake claimed that the developers team expects to prepare code specifications for phase zero by the end of June. Drake stated: “We’re still very much on track. Still, [code] simplifications […]

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Op Ed: 3 Reasons Why Crypto Has an Exchange Problem

While the Crypto Winter may be lingering with us into the spring, crypto exchanges are doing just fine. According to CoinMarketCap, there are now 255 major crypto exchanges. That’s a notable increase from a year ago, when there were 208. A booming exchange industry sounds like a positive, but we can do with fewer exchanges for cryptocurrencies to establish themselves as a dominant force in the global financial system. For crypto to truly thrive, the ecosystem needs only five or six exchanges — and certainly no more […]

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Major Darknet Marketplace Wall Street Market Shuttered by Law Enforcement

Wall Street Market, the second-largest darknet in the world in recent months, has been shut down by international law enforcement agencies, including Europol as well as U.S., German, Dutch and Romanian law enforcement. Three suspected operators of the online marketplace for illegal goods and services have been arrested in Germany, while some of the highest-selling suppliers of narcotics were arrested in the United States. Darknet markets are the digital black markets only accessible through the anonymizing Tor browser; they use bitcoin and other cryptocurrencies for payment. They […]

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Bitcoin Price Analysis: Bitcoin is Ready to Test $6,000 Level

Summary: Bitcoin continues to see strong buys following the news that shook out the market just one week ago. The short count continues rise and the bears are now drowning a slow, steady climb to new highs. Once these shorts close, we will very likely see a cascade of buy orders hit the market, known as a “short squeeze.” Now that we’ve climbed out of the “no-mans-land” described over the last few weeks, we are encountering a potential area where supply might start to hit the market. […]

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Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, EOS, Binance Coin, Stellar, Cardano, TRON: Price Analysis May 3

The recent recovery in bitcoin has pushed its market cap above $100 billion. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Intercontinental Exchange Inc (ICE) has been loading up on digital assets for its cryptocurrency platform Bakkt, according to its chief executive officer Jeffrey Sprecher. This has helped ICE […]

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Ethereum Foundation Re-Releases Community Website

The Ethereum Foundation has decided to release a new iteration of their community website ethereum.org. The Ethereum Foundation has decided to release a new iteration of their community website ethereum.org, according to an official tweet on April 30. According to an Ethereum Foundation blog post on the same day, ethereum.org is intended to be a repository of community-created Ethereum content, such as documentation and tutorials built by community members. The Ethereum team goes on to say: “This is a website for a community that is busy getting […]

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Chaos Reigns as Darknet Markets are Downed

In the last 72 hours, numerous darknet markets (DNMs) have been downed in a concerted DDoS attack. Meanwhile, Europol has been crowing over its success in toppling two markets that were already known to be stricken, Wall Street and Valhalla. As the dust settles, darknet users have been trying to separate FUD from fact. Also read: The Darknet Rises With 6 New Markets Europol Claims Two New Scalps from the Dark Side of the Web Three Germans have been arrested for their alleged involvement in running Wall […]

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Binance API Seemingly Reveals That Margin Trading Has Been Enabled for Nine Trading Pairs

Changes made to the public API of Binance seemingly reveal that the company has enabled margin trading for nine trading pairs. Changes made to the public Application Programming Interface (API) of major cryptocurrency exchange Binance seemingly reveal that the company has enabled margin trading for nine trading pairs. As Cointelegraph previously reported in March, the API had been updated to add two variables. The name of the first added variable is “isSpotTradingAllowed,” while the second is “isMarginTradingAllowed.” The self-explanatory variable names seemingly suggest that Binance is in […]

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German Police Seize Six Figures in Crypto From Suspects Involved in Dark Web Site

The Wall Street Market, the world’s second largest dark web market, was shut down with six figures in crypto seized by police. German police, along with Europol, have shut down servers of a dark web marketplace and seized six figures in crypto from the arrested suspects, Europol announced on May 3. The Wall Street Market, reportedly the world’s second-largest dark web market, has been shut down by the German Federal Criminal Police under the authority of the German Public Prosecutor’s office. According to the report, German authorities […]

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Introducing the Bitcoin Magazine Podcast

Bitcoin is the world’s most popular digital currency. It’s also the original decentralized and digitally scarce asset. That means no single person, authority or organization can control or create more of it. For these reasons, Bitcoin holds the potential to upend our traditional financial systems, the same systems and practices that have plagued people for centuries. If you read Bitcoin Magazine, chances are you probably know a lot about this stuff. Founded by Vitalik Buterin and Mihai Alisie in 2012, Bitcoin Magazine is the original source of […]

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