Monthly Archives: January 2019

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Bitcoin SV, TRON, Cardano: Price Analysis, Jan. 4

Naysayers continue to believe that Bitcoin is a scam and can neither become a currency nor act as a store of value. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. The first ever bitcoin was mined 10 years ago on Jan. 3, 2009. Since then, the original cryptocurrency […]

More info

Ethereum Core Devs to Move Forward With ASIC-Resistant PoW Algorithm

Ethereum core developers have reached a tentative consensus to implement a new proof-of-work algorithm that would increase the efficiency of GPU-based mining on the network. Ethereum (ETH) core developers have reached a tentative consensus to implement a new proof-of-work (PoW) algorithm that would increase the efficiency of GPU-based — as opposed to ASIC-based — mining on the network. The development was discussed in a meeting today, Jan. 4. During the meeting, developer Hudson Jameson noted he had heard “very little dissent” to implementing  “ProgPoW,” which has so […]

More info

Huobi and OKEx to Support Upcoming Ethereum Constantinople Hard Fork

Crypto exchanges OKEx and Huobi will support the upcoming Ethereum Constantinople hard fork which will fundamentally change the Ethereum blockchain. Leading cryptocurrency exchanges OKEx and Huobi Global will support the Ethereum (ETH) Constantinople hard fork which is estimated to happen between Jan. 14 and 18, according to a press release shared with Cointelegraph. The Constantinople hard fork is an upgrade, which is supposed to fundamentally change the Ethereum blockchain, with the synchronous nodes update to the entire system. The hard fork encloses separate Ethereum Improvement Proposals (EIPs) […]

More info

‘Bitcoin Is My First Love’: Coinbase CEO Champions Top Coin on Its 10th Birthday

Co-founder of U.S. crypto exchange Coinbase Brian Armstrong confesses that Bitcoin is his first love and that the “full promise of Bitcoin is still yet to be realized.” Brian Armstrong, founder and CEO of United States cryptocurrency exchange Coinbase, has confessed that “Bitcoin is my first love” in a series of tweets commemorating the coin’s 10th birthday, Jan. 3. Summing up a thread in which he explained how he entered the industry and built one of its most successful firms, Armstrong wrote: “Bitcoin is one of the […]

More info

Number of Chinese Crypto Lawsuits Doubles in 2018

According to China Judgements Online, a database of Chinese court documents, half of all lawsuits pertaining to cryptocurrencies were filed last year, highlighting an increase in fraudulent activity despite China’s regulatory crackdown. The database indicates that at least 202 cryptocurrency scams were promoted via more than 3,000 different platforms. Also Read: Indian Central Bank’s Report Shows Cryptocurrencies Are Not Currently a Threat Half of All Chinese Crypto Lawsuits Were Filed Last Year China Judgements Online, a website that publishes Chinese court documents, has estimated that 202 cryptocurrency scams […]

More info

Pixel-by-Pixel, New Project Offers Game Where Crypto Players Can Create Blockchain Art

sponsored The “first arts and games smart economy on the EOS blockchain” is planning to use non-fungible tokens to address issues of provenance in the art community. A new project is gearing up to be the “first arts and games smart economy on the EOS blockchain” — offering games and giving artists the chance to showcase their creative works and monetize their passion. PixEOS says that the first game on its platform offers a new twist on the pixel-drawing titles previously seen on the EOS blockchain. Offering […]

More info

India: Central Bank Report States Crypto Does Not Threaten Financial Stability

The Reserve Bank of India issues its annual financial report, stating that cryptocurrencies pose no threat to the financial industry. The Reserve Bank of India (RBI) has stated that cryptocurrencies currently pose no threat to financial stability in its recent financial report, published Dec. 28. The document entitled “Report on Trend and Progress of Banking in India 2017-18” reads: “[C]rypto-assets do not pose risks to global financial stability currently. The market continues to evolve rapidly, however, and this initial assessment could change if crypto-assets were to become […]

More info

Crypto Is Tightening Up Its Anti-Money Laundering Game, While Banks Are Still Being Fined for Non-Compliance

Morgan Stanley isn’t the only bank to have been fined recently for Anti-Money Laundering non-compliance. In 2018, barely a month passed without an official at a financial institution or government department calling on crypto to clean up its act. In the last quarter of the year alone, the United States Department of the Treasury, the Canadian Parliament and the Russian Federal Financial Monitoring Service all urged or announced the introduction of Anti-Money Laundering (AML) laws for cryptocurrencies, and all of them based their moves on the (noticeably […]

More info

China Banking Body to Develop Multi-Use Blockchain Platform With Major Banks

Chinese banking blockchain platform will be built with funds from various banks and the United Nations Development Bank. China’s self-regulatory bank organization the China Banking Association (CBA) will launch a blockchain-based platform to improve efficiency across the sector, participants confirmed in a statement Dec. 29. The project, formally dubbed the ‘China Trade Finance Inter-bank Trading Blockchain Platform,’ aims to use blockchain to target trade finance, transactions and other financial services. Multiple guinea pigs have signed up to pilot the platform, among them well-known names such as HSBC, […]

More info

Circle’s Cryptocurrency OTC Desk Swapped More Than $24 Billion in 2018

Finance company Circle claims its over-the-counter (OTC) cryptocurrency trading desk swapped a notional volume of $24 billion last year. The Boston-based company’s Circle Trade desk reportedly executed more than 10,000 cryptocurrency settlements between 600 unique counterparties in 2018. Also Read: New Full Node Client ‘Bitcoin Verde’ Joins the BCH Ecosystem Despite the Crypto Bear Market in 2018, Circle Sees Significant Growth Last year the digital asset company Circle made a lot of moves behind the scenes within the cryptocurrency economy. In a blog post written on Jan. 3, […]

More info
1 2 3