Monthly Archives: January 2019

BitTorrent Tokens Sold Out in Under 15 Minutes, Netting Over $7 Mln

The BitTorrent token sale concluded on the Binance Launchpad platform despite some technical difficulties. The BitTorrent token (BTT) sale on the Binance Launchpad platform concluded today Jan. 28, netting $7.1 million dollars with the sale of 50 billion tokens in under 15 minutes. Binance announced the conclusion of the sale in an official blog post. BitTorrent is a protocol for peer-to-peer file sharing, allowing users to distribute files such as music or videos over the internet. BTT is based on a Tron TRC-10 token, and will be used […]

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Arwen Enables Self-Custody for Traders of Centralized Crypto Exchanges

Centralized exchanges are a common security concern in the cryptocurrency ecosystem. As a single point of failure they can be strong-armed by governments, routinely targeted by hackers, or operators could pull an exit scam and elope with client funds. Despite these risks, they dominate cryptocurrency trading volumes. A new solution promises to enable trade to use centralized exchanges but without handing over control of coins to them. Also Read: Belarus’ Largest Bank May Establish a Cryptocurrency Exchange Not Your Keys, Not Your Coins Boston-based startup Arwen (formerly […]

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Owner of Hacked Crypto Exchange BitGrail Sentenced to Return Funds to Customers

Francesco Firano, the founder of hacked Italian cryptocurrency exchange BitGrail, has been sentenced to return as many stolen assets to customers as possible. Francesco Firano, the owner and founder of hacked Italian cryptocurrency exchange BitGrail, has been sentenced to return as much of the assets to his customers as possible. Scans of the court decision were released by the Bit Grail Victims Group (BGVG) on Medium on Jan. 28. The Italian Bankruptcy Court published the sentence on Jan. 21. A post by the BGVG published the same […]

More info Enables Cash-for-Bitcoin Exchange Via the Lightning Network

Many are predicting that 2019 will be the year Bitcoin’s Lightning Network sees massive growth and becomes a more common way to make bitcoin payments, and a new company based in England’s East Midlands hopes to help with that process. Today, has announced the launch of its cash-based bitcoin exchange, which includes Lightning Network integration. With this new exchange, users will be able to avoid touching the blockchain when they decide to buy or sell bitcoin for cash. The new exchange was founded by former Neo […]

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Blockchain Tech and the Energy Industry: More Decentralization and Greater Efficiency

How blockchain is helping to decentralize the energy industry.   The association between blockchains and energy is usually a negative one. “The Bitcoin blockchain is so wasteful of electricity,” or so the argument goes, “that it would push global warming to dangerous levels if it were ever used on a massive scale.” Research published in the influential journal Nature backs up this warning. Yet, if we were to look beyond Bitcoin, it becomes apparent that blockchains in general are being increasingly put to good use by the […]

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Nvidia Decreases Q4 Revenue Estimates Citing Crypto Mining Decline, Conditions in China

GPU manufacturer Nvidia has adjusted its projected sales revenue for Q4 to be lower than previous estimates. Taiwan-based computer hardware producer Nvidia updated its financial estimates for Q4 for the fiscal year of 2019, according to a press release on Jan. 28. The company is reflecting weaker forecasted sales in its gaming and data center platforms, which comes from excess mid-range channel inventory following the slump in cryptocurrency markets. Q4 revenue is expected to be at $ 2.20 billion, opposed to the previous projection of $2.70 billion […]

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Rewriting Satoshi: Company and Uni to Build Crypto Model Addressing Bitcoin’s Shortcomings

sponsored A company has signed a memorandum of understanding with a university to create the cryptocurrency model that Bitcoin’s inventor envisaged a decade ago. A crypto company has signed a memorandum of understanding with a university in the United States with the aim of building the cryptocurrency model envisaged by Satoshi Nakamoto when the Bitcoin network was launched 10 years ago. SovereignWallet says it will be collaborating with the University of Southern California’s Viterbi School of Engineering to develop the project, which has been named the MUI […]

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Back to Basics: What Is Money?

Our current economic system can be compared to a merry-go-round that has us consuming, trapped in debt and spending as quickly as we earn. What is fiat currency? Why do we use it and who controls it? And how does it compare to gold and bitcoin? It is worth going back to basics, to better understand the fundamentals of what makes money money. Also Read: Why a Global Recession Would Be Good for Bitcoin What Is Money? The earliest coin, featuring a lion The first ever currency is credited to King […]

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Blockstream Breaks into Japanese Market with JPY Stablecoin, Partnership

Blockstream is partnering with Japanese fintech giant Digital Garage to bring a JPY stablecoin to the Bitcoin network. To spearhead the project, Blockstream and the ¥120 billion (just over $1 billion) firm are working under the label Crypto Garage with the help of Tokyo Tanshi, the “largest inter-dealer broker in Japan w/ billions in trades daily,” according to Samson Mow, Blockstream’s chief strategy officer. The collaborative is building the yen-pegged coin (JPY-TOKEN) on Blockstream’s Liquid network, a Bitcoin sidechain that tacks additional technical features onto the blockchain, […]

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Bitcoin, Ripple, Ethereum, EOS, Bitcoin Cash, Litecoin, Tron, Stellar, Bitcoin SV, Cardano: Price Analysis, Jan. 28

The market has still not found a solid bottom and initiating positions in a downtrend is not a good strategy. 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. The trend in crypto continues to be down. After a period of low volatility, cryptocurrencies are again headed south. There are […]

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