Monthly Archives: October 2019

UAE’s Social Ministry to Grant $16K in Blockchain Contest

The UAE Ministry of Community Development announced a new competition for building blockchain apps for the social sector. The United Arab Emirates’ Ministry of Community Development (MOCD) will host a competition for developing blockchain software in the social sector. Driving blockchain for awareness and social care The MOCD announced its “Social Blockathon” competition with a total prize fund of $16,300 to encourage the development of blockchain-based applications for educational, social and recreational purposes, the country’s official news agency, Emirates News Agency, reported on Oct. 6. According to […]

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Crypto News From Brazil: Sept. 30–Oct. 6 in Review

Several Brazilian cryptocurrency firms are under investigation in Cointelegraph’s weekly digest of news from the country. Brazil saw another week of reports on alleged cryptocurrency scams as the Sao Paulo Court ordered to block the assets managed by Unick Forex, while another firm was reported of promising 400% returns through a cryptocurrency investment scheme. Here is the past week of crypto and blockchain news in review, as originally reported by Cointelegraph Brasil. Unick Forex reportedly flees offices but apparently will resume operations Following a police investigation of […]

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Bitcoin Cash Proponents Prepare for Forthcoming Upgrade Features

In five weeks, the Bitcoin Cash (BCH) network will upgrade once again, adding two new features to the blockchain. The first component added will be Schnorr support for OP_Checkmultisig, which will allow more complex mechanics to multi-signature transactions and all signature checking operations will support Schnorr signatures. Lastly, the upgrade will finalize the BIP62 malleability vector by enforcing Minimaldata in script, otherwise known as the “Minimaldata” rule. This enhancement aims to make “most of the transactions on the BCH network (including all P2PKH transactions) be non-malleable.” Also […]

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Fiat-Backed Stablecoins ⁠— Attempt to Take the Best of Both Worlds

Stablecoins backed by fiat money — what is their goal and which ones do investors prefer and for what uses? Stablecoins attempt to be fiat currencies among cryptos. They can be a medium of exchange, a means of storing value and a unit of account. Unlike other digital coins, stablecoins are tied to some kind of stable asset — such as the United States dollar, euro or even gold. Linking to such assets confirms the coin’s stability and mitigating the volatility of cryptocurrencies. Related: Stablecoins Explained With […]

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PayPal Ditches Libra, Crypto Stagnant, Mark Cuban Hates BTC: Hodler’s Digest, Sept. 30–Oct. 6

PayPal pulls out of the Libra Association, crypto markets fail to recover, and Mark Cuban says he’d rather have bananas than BTC. Coming every Sunday, Hodler’s Digest will help you 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 PayPal officially pulls out of the Libra Association It’s official: PayPal has left the Libra Association — the governing body […]

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10 Crypto Trading Mistakes That Will Leave You Broke

The majority of crypto traders are overexposed to digital assets and lack balance in their portfolios. In situations such as these failure to plan is a plan for failure. The crypto market has extremely low barriers to entry, meaning anyone with an internet connection, a smartphone or a computer and a bit of starting capital can theoretically become a trader. Sadly, most of these beginners learn hard lessons and go broke. Here are 10 common mistakes made by beginning traders that you should avoid at all costs.  […]

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Top-5 Crypto Performers: LINK, TRX, EOS, XRP, ADA

Will the first signs of recovery in altcoins sustain or turn out to be a dead cat bounce? Let’s study the charts. Fundstrat Global Advisors co-founder Tom Lee believes that Bitcoin does well when the S&P 500 market index moves up. Though Bitcoin might act as a macro hedge against global turmoil in some instances, it has largely performed negatively when the S&P 500 has dropped. It will be interesting to see how Bitcoin moves in the next few weeks. Bakkt’s launch did not generate the interest […]

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Liechtenstein Adopts Token Act to Attract Crypto Business

One of Europe’s smallest but richest nations, Liechtenstein, has made a significant step towards clarifying the regulatory environment in its already crypto-friendly jurisdiction. The parliament of the German-speaking principality in the heart of Europe has just passed a law that is likely to entice even more crypto companies to its territory. Also read: Turkish Government Freezes Over 3 Million Bank Accounts Comprehensive Regulatory Framework Passed Unanimously On October 3, Liechtenstein’s legislature voted unanimously to approve the “Token and Trustworthy Technology Service Providers Act” (abbreviated TVTG in German), […]

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South Korea’s Crypto Youth | Cointelegraph Documentary

Cointelegraph travelled to South Korea to meet a new generation of crypto entrepreneurs. In the last few decades, South Korea has been among the fastest developing countries in the world. It is currently the planet’s third-largest crypto economy, after the United States and Japan.  Cointelegraph traveled to Korea to meet a new generation of crypto entrepreneurs who are building the future of blockchain. Among the people we talked to were representatives of established firms — such as crypto investment funds Hashed and Kakao’s blockchain subsidiary GroundX — […]

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Bitcoin History Part 18: The First Bitcoin Wallet

Bitcoin users today are blessed with a panoply of feature-rich software and hardware wallets. When Bitcoin launched, however, there were no wallets. It took Satoshi Nakamoto to engineer the first desktop client, and his creation proved surprisingly resilient, serving the community faithfully for years. Also read: Bitcoin History Part 17: That Time Mt. Gox Destroyed 2,609 BTC When Bitcoin-Qt Was the Only Wallet in Town The first bitcoin wallet was a full client, which meant you had to download the entire blockchain history for it to synch. […]

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