Daily Crypto Digest – 012

There is no doubting this anymore. Crypto investing and trading has reached a new level when we compare activities of the past few months to recent weeks.

What was expected after the recent FUD news involving the Bitfinex saga and its issuing of Tether was to see another big fall in price breaking the upper resistance line to new low resistance? But as we have it, the line is thicker than it looks and we haven’t found the real pressure to suppress and breakthrough it yet or better maybe it may never be touched again going into the future.

This show of resilience is a good pointer that indicates a near significant upturn of the market. B1 June announcement and the awaited Bakkt approval are two of the major events many are speculating should ignite the long-awaited bull market that seems to be taking forever.

Until that happens, the present market condition is a thing to be happy about.

Some discussions you may find interesting and be part of

Pixabay image

Reddit

I am seeing this more lately. It seems people are now more wary of how their crypto assets could be accessed in the event something bad happen to them. This discussion on Reddit has a good insight on many possibilities to go about this.

Do you agree linking blockchains together could decrease congestions on networks?

Tether makes another claim backing USDT amounts.

Twitter

The owner of NYSE buys crypto custodian in a push to offer Bitcoin.

Are most workers not happy with their work after coming across cryptocurrency as this Man suggests? 

Bitfinex integrates a solution that informs traders of on-chain, social and development data for better trading decisions and experience.

Reports and Updates in the news.

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More use case for cryptocurrency and blockchain projects is the dream of every crypto enthusiasts. 

Bit by bit the dream is getting realized on a rapid basis.

If you are conversant with price action, you should notice a good spike in the price of the IOTA coin.

No, the spike wasn’t a result of ordinary trading activities, it was as a result of a recent bullish news about the partnership of IOTA with Jaguar Land Rovers.

The motor maker announced the use of verifiable Internet of things data (IOT) in cars to inform present road conditions and weather state from cars using the IOTA crypto coin to reward car owners.

Read the in-depth report on Coindesk.

More flexible approach to crypto is emerging in popular countries

Many countries deem crypto handling and investing a very risky move, and yes to some degree they are right. But the brutal strict regulation placed by some of these countries far outweighs the risk they pose.

Recently, it was reported that Russia is planning to test crypto in four of its region – an experiment to have a better overview of crypto investing and trading and its results.

Look more into this by continue reading on news.bitcoin.com.

Neo revitalized

If a popular story could be preached about NEO, then it is how its made many millionaires when the brand name NEO was adopted over the former “antshare” brand name.

The viral growth of NEO took a solid base through the introduction of an incentive mechanism to holders by introducing a supplementary token popularly known as ‘GAS’ which is monthly generated.

Despite this innovative stability mechanism, NEO suffers a big deal when the news broke of how very centralized the system is.

Now, NEO is turning a new leaf by launching an entirely new blockchain in the much awaited upcoming NEO 3.0.

Existing coins would be swapped with the newly created coins when the system goes live.

Read more about NEO 3.0 on Cointelegraph.

Other reports and updates in the news.

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Old twitter account @Bitcoininfo tipped a total of $10,000 in BCH to charities and random people on Twitter for a period of 48hours.

There is a significant decrease in cryptojacking after Coinhive mining service got shut down. 

Bitmain plans to develop better mining equipment to leapfrog competitors.

A popular anti-malware firm discovered over 152,000 infected Ethereum wallets.

24 countries discuss global standard for cryptocurrency regulation.

This digest is concluded.

Thanks for your time reading the digest.

Remember to visit my blog often for more interesting digest.

Cheers 🙂

Disclaimer

The contents of this post are intended for information purpose only and should never be taken as an investment or trading advice. All information contained herein is linked to their respective sources without being taking word for word except in quotes and references.

Daily Crypto Digest – 011

It is now becoming clear more than ever, crypto dealings need some good regulations, the type that takes into consideration all parties involved.

Why am I calling out for this? Because there is a need to curb activities like wash trading, cartels, and pump and dump trading schemes.

The impact a balanced regulated framework can have may be an immediate game changer.

Although, the effect may progress steadily and slowly but should be a good solution in the long run.

Taking pumps and dumps as a good example. There was a noticeable reduction in the number of groups that continually engage in the scheme when the SEC put up the “whistleblowing” activity during the early period of 2018.

A good experiment to show there is a need for regulation, a fair one to be precise.

Many sorts of unscrupulous behaviors happen because the lust for quick riches and greed is a great enemy or disadvantage to the decentralized moves we all call for.

Yes, we shouldn’t be taken as slaves by big authorities. No giant cooperation should be able to use our personal prints and data as they see fit. But if we have something to learn from the past few years; it is that total decentralization should not be encouraged because of its disastrous effect.

In theory, total decentralization sounds really good, who could reject the notion of freedom? But practical examples have shown us the bad side of it as various kind of players are called to the party and for sure not all individual have a good motive.

Taking the DPoS consensus for example. In theory, the consensus looks really ideal, like I mean the perfect algorithm for the socially inclined community of people as each representative or block producer is continually voted in by the participants of the network and can be ranked or voted out if the community decide the BP contribution isn’t ethical or benefiting anymore. What a perfect way to actualize a democratic governing body.

However, it has also shown us how bad it to established an autonomous framework without some strict penalty guideline to punish offenders.

Decentralization, as postulated by the majority, means anyone should be able to do as they see fit. To some extent, this is very true, but by our nature and rational intelligence, there is a marked difference between good and bad morals and their effects on our lives and society.

The factual part of it is that both states of morals are easily expressed through us.

Strict policing, rules and laws had been the greatest solution to hibernate the show of bad behaviors. Even the Supreme being conformed to it by the laws stated in the Bible.

In that respect, crypto dealings shouldn’t be an exception if we truly want to achieve a genuine and fair decentralized system.

My reasons for writing out this opinion is connected to why the price of BTC took a sudden slump despite the buying interest and sentiments.

One report stated it was caused by the influx of the newly printed Tether tokens by Bitfinex. So far Bitfinex denied such activity, leaving the truth of the matter in an unconfirmed state.

Alright! Let look into some latest catch-up and updates in the media and forums.

Reddit

Pixabay Image

Bitcoin price during the early days of Silk Road. What it was traded for would blow your mind.

In doubt whether cryptocurrency will fail? Don’t be surprised the Internet got more douted during its early days.

Bitcoin broke 400k transactions on the 24th of April, the 8th highest ranking daily transaction for bitcoin.

Twitter

Word of wisdom from Dan Larimer on morals.

Rumors about Nike developing its own cryptocurrency.

A user is already benefiting from the just-launched Brave browser ad reward.

Reports and Updates in the News.

Pixabay Image

It was reported some few days ago that a hacker found a way to guess dozens of Ethereum private keys, stealing over 45,000 Ether along the way.

In a new report, research shows, many hundreds of Keys are weakly generated and are susceptible to theft.

The news stated that “the probability of a chance to hack 256-bit encryption adopted by most blockchains would take years”, but after some thorough testing and analysis, over 700 Ethereum Keys was reported to be at risks of being hacked.

Read the In-depth report now on news.bitcoin.com.

Industry leaders deliberate on how to realize the mission of cryptocurrency.

Bitcoin was created with the sole aim of replacing the traditional fiat currency.

This mission was clearly stated in the Genesis block of its blockchain – revealing the corrupt and unreliable ways of the old system and the need to replace it.

Over the years, the currency had struggled to convince this mission could be realized base on many factors some of which include the slow confirmation time and excessive power usage for its production, so much that the digital currency is now considered a store of value.

However, its supporters and movers aren’t giving up easily.

In the news – it was reported that Top Traders and company representatives including Binance and Coinbase held a talk in Singapore to include cryptocurrency in the global financial framework and bring about more use cases to it.

Read the full report on Cointelegraph

Other reports and updates in the news.

America rapper Lil Pump started accepting bitcoin through his merchandise store ‘Unhappy’.

The UK based ‘Wirex’ to launch 26 stablecoins as part of its partnership with Stellar.

Crypto lender Genesis processed over $425M crypto loans in the first quarter of 2019.

IBM plans to apply blockchain technology at Lenovo Data Center Group following a new agreement.

GRS launch crypto-based variance swap to hedge against volatility.

The feeling when you get beared.

Sourced from Reddit. 

Thanks for your time reading the digest.

Remember to visit my blog tomorrow for another interesting digest.

Cheers 🙂

Disclaimer

The contents of this post are intended for information purpose only and should never be taken as an investment or trading advice. All information contained herein is linked to their respective sources without being taking word for word except in quotes and references.

? Daily Crypto News, April, 26th?

  • Bitfinex Covered $850 Million Loss Using Tether Funds, NY Prosecutors Allege;
  • The Darknet Rises With 6 New Markets ;
  • Buterin Proposal Could Turn Ethereum Staking Into $160 Million Industry ;
  • Malta’s Financial Regulator Issues Guides on Crypto Assets, Scams;
  • John McAfee Vows to Unmask Crypto’s Satoshi Nakamoto, Then Backs Off ;
  • ? Daily Crypto Calendar, April, 26th?
  • STEEM Trading Update

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

? Bitfinex Covered $850 Million Loss Using Tether Funds, NY Prosecutors Allege

The New York Attorney General’s office has alleged that crypto exchange Bitfinex lost $850 million and subsequently used funds from affiliated stablecoin operator Tether to secretly cover the shortfall.


According to a press release issued Thursday, NYAG Letitia James announced that she had obtained a court order against iFinex Inc., which operates both Bitfinex and Tether, ordering them to cease violating New York law and defrauding New York residents.


James said that an investigation by her department determined that iFinex “engaged in a cover-up to hide the apparent loss of $850 million of co-mingled client and corporate funds,” adding:


“New York state has led the way in requiring virtual currency businesses to operate according to the law. And we will continue to stand-up for investors and seek justice on their behalf when misled or cheated by any of these companies.”


?The Darknet Rises With 6 New Markets

As Dream dies and Wall Street exits, a string of new darknet markets (DNMs) has emerged to take their crown. The majority of these have only been operational for a matter of weeks, and have launched at a time when trust in DNMs is running low. The success or failure of these marketplaces will be pivotal in shaping the darknet’s crypto-powered economy in the months to come.


New Heads on the Darknet Hydra
As the legend goes, for every head the hydra loses, two new ones take its place, and so it seems to be on the darknet. The loss of Dream and Wall Street has spurred four new DNMs, bringing the total of recently launched markets to six. The first of these, Cryptonia, promises two-of-three bitcoin multisig, a wallet-less escrow system, two-factor authentication, strong anti-phishing measures based on public key cryptography, and EXIF metadata stripper for images.

The Darknet Rises With 6 New Markets

? Buterin Proposal Could Turn Ethereum Staking Into $160 Million Industry

A new proposal by Vitalik Buterin, the creator of ethereum, suggests he is considering increasing rewards for validators who would secure the operation of the next version of the world’s second-largest blockchain.


Ethereum 2.0 is by far the biggest upgrade on the horizon for the ethereum blockchain, today valued at $17.5 billion. Its broader goal is to erase ongoing bottlenecks to transaction throughput and significantly decrease costs on the network.

Rather than relying on a proof-of-work consensus protocol whereby miners compete to bundle together blocks of transactions and add them to the ever-growing chain, ethereum 2.0 will rely on a proof-of-stake consensus protocol whereby validators stake their own funds and attest to blocks and transactions being created on the network.

? Malta’s Financial Regulator Issues Guides on Crypto Assets, Scams

Malta’s financial regulator has issued a note to the public regarding the risks of crypto assets and the possibility for scams, news outlet Times of Malta reported on April 25.


The Malta Financial Services Authority’s (MFSA) new guidance note intends to warn the public about cryptocurrency investments and related risks, and educate people on how to identify and avoid scams and fraudulent schemes.


The guidance reportedly outlines the most common types of digital currency-associated scams, which include fake iInitial coin offerings (ICOs), crowdfunding ventures promising higher gains which are availed of once the coin becomes active, and fake exchange platforms and fake e-wallet apps.

? John McAfee Vows to Unmask Crypto’s Satoshi Nakamoto, Then Backs Off

John McAfee, the eccentric antivirus pioneer known for his brushes with the law, said he has spoken with Bitcoin creator Satoshi Nakamoto and plans to reveal the person’s identity.

But the timing of the announcement is up in the air. After previously telling Bloomberg he would expose Nakamoto “within a week,” he backed off the plan. McAfee said Tuesday on Twitter the controversy could hurt his efforts to fight an extradition to the U.S.
“People forget that I am a technologist,” he said. “I am one of the best.”
In delaying the revelation, McAfee posted a letter from Mario Gray, his extradition lawyer, saying that exposing Nakamoto could make him the target of lawsuits — forcing him to defend himself “on many fronts.”


“Releasing the identity of Satoshi at this time could influence the trial and risk my extradition,” he said in a tweet. “I cannot risk that. I’ll wait

? Daily Crypto Calendar, April, 26th?

“We are proud to announce the release of Conceal Smart Nodes on April 26!”

We will open an AMA thread as we get closer to the AMA date where users can ask questions and we will answer them during the AMA on the 26th…

“The hackathon will launch on Friday, April 26th and end on Saturday, May 11th.”

Our CEO, @CharlesNader, will have an Ask Me Anything session this friday (April 26th at 18:00 UTC-6).

All exchanges, mining pools, node operators, and full node wallet users must upgrade to ZEN 2.0.17 prior to block #505212, April 26.

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STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

Yesterday we were testing the support line at 0.39 and I was saying you that I was hoping it won’t break. It has been broken and as annonced, it created an acceleration in the drop. We are now stabilizing because we have a little bounce on the BTC from its support line but for sure STEEM did again a very bad drop yesterday… I will give you the next support in my next article.

image.png

Last Updates

Join this new Free To Play on the STEEM Platform !

Daily Crypto Digest – 010

Workin: Can you hear the sound in the air?

Buckley: Yes.. faintly, buh I can hear em

Workin: What does it whisper?

Buckley: szz.. szz.. It’s very weak and your thick voice isn’t helping either

Workin: Listen you scumhead.. Listen again!

Buckley: mism… mism.. optimism. Originating like a big roar from afar, reaching to us with struggles like a bird flying through a raging wind. It like something is trying to tell us a thing about the future.

Workin: about what?

Buckley: I am not a wizard nor do I analyze or interpret as you do. So, how do you expect me to know that?

Workin: as for the advantage of age. I think I should decipher this. It was in the summer of 2015, I was in the wood with Martin just as we two are, a similar voice erupted. Same with Zeus in 2017. For the big part.. What follows that two periods was something unimaginable and the later event was stronger than the former.

Buckley: what event?

Workin: the bulls in their large numbers migrating from the far west flooded our county. Chasing away the bears we have long fought against as they rally with great strength. Our pastures flourished with their fresh manure, leaving our land with an abundance of nutrients to hold onto.

Buckley: then I can’t wait to get my friends prepared. I need to inform JimmyInfosiondtwoAntigenx, Sulex and all I could. Because if by your words, the upcoming rally would be greater than the past. We need to get our pastures prepared.

Optimism! It moving quietly in the air. Rising up to the heights with bigger strength.

Unless a person is not an active follower, the mood revolving around social discussion platforms like Reddit and Twitter is something to be excited and curious about. It has been a while since people of varying experience and expertise speaks about historical events and records like in this moment.

Topics like the golden cross, phase of renewed optimism and so on are now being deliberated upon in a manner that has long been seen.

Overall daily trading volume isn’t planning to cool down the mood either.

The past 36 hours saw another upward movement by the king himself, putting everyone in awe of his next direction. Alts were really dumped out of FOMO to rally along with the king, but several corrections along the way must have signaled an unknown direction.

The direction of the next movement is very unpredictable, calling for more carefulness in other to stay safe.

Happy trading or HODLing.

Let look at some of the recent happenings and discussions.

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Reddit

A crypto scammer got called out in public by a desperate investor.

A short story of a 75 years old man who bought crypto for his grandchildren.

“I traveled 1 year around the world on 1 BTC(plus alt) – and wrote a book about it”.The fantasy of a crypto investor.

Twitter

EOS main net reaches 1 million accounts.

Samsung rumored to be developing blockchain solutions with Ethereum and ICON.

A take on how some exchange incentivizes wash trading.

Tron partnered with Liverpool FC. What a bullish news! ‘Yet to be authenticated‘.

Updates in the News

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Created along with the debut of the internet are companies with the focus on providing large-scale access to digital service or information such as the Google search engine, Amazon web service and the rest.

Fast forward to a few more years, we saw various models of businesses formed around the users accessing these services.

User-generated data created a lot of revenue opportunities. The advertisement industry took a new form of engagement. Product development relies on the core behavior and patterns of users.

To the unfair part, individuals with the right to these data are cheated out of the information they provide by being totally ignored in the revenue sharing mechanism.

Good awareness is now widely spread among users on how they are being robbed of their personal prints and belongings.

This has ushered a rally calling for a decentralized move. Luckily with the birth of the blockchain, the move is having more fruition than earlier predicted.

Revamping one the crucial gateway to access the internet is the Brave project with the introduction of the Brave browser built on the chromium browser infrastructure.

Brave reward content creator using the BAT token, distributed via the user accessing such creator’s content.

Now, users can now enroll in the advertising network system Brave promises during its initial founding stage to be eligible for a fair reward for viewing and engaging with advertisement served through its partners.

Read the in-depth update now on Coindesk.

Other Reports and Updates

Samsung invested €2.6 million in hardware crypto security firm Ledger.

Binance launch new service in Singapore.

Samsung is developing an Ethereum based blockchain and may issue its own token.

Ledger appoints new CEO.

TrustToken plan to release four additional stablecoins this year.

John McAfee hinted about knowing Satoshi but fear being charged against by the U.S government.

An interview with ETF consultants and applicants by Cointelegraph to gain more overview about the future effect of ETF on cryptocurrency. Youtube video

https://youtu.be/aU2nd5aDoXw/

Put some grin on your cheek with this crypto meme as I round up this digest

Sourced from Reddit.

Thanks for your time reading the digest.Remember to visit my blog tomorrow for another interesting digest.

Cheers 🙂

Disclaimer

The contents of this post are intended for information purpose only and should never be taken as an investment or trading advice. All information contained herein is linked to their respective sources without being taking word for word except in quotes and references.

? Daily Crypto News, April, 25th?

  • Samsung Developing Ethereum-Based Blockchain, May Issue Own Token;
  • Litecoin Led Bitcoin’s Price Rally, Now It’s Hinting at a Pullback ;
  • Big Players Transforming Crypto Exchanges in Japan ;
  • Binance Singapore Launches But Offers Just One Trading Pair;
  • John McAfee Vows to Unmask Crypto’s Satoshi Nakamoto, Then Backs Off ;
  • ? Daily Crypto Calendar, April, 25th?
  • STEEM Trading Update

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

? Samsung Developing Ethereum-Based Blockchain, May Issue Own Token

South Korean electronics giant Samsung is developing its own blockchain network and eyeing the issuance of its own token further down the road.


An exclusive CoinDesk Korea report on Tuesday, citing a person “familiar with Samsung’s internal situation,” said that the company’s blockchain task force – part of its wireless division – is building a blockchain mainnet based on ethereum.  The work, however, is still at the “internal experimental” stage.


The source said:
“Currently, we are thinking of private blockchain, though it is not yet confirmed. It could also be public blockchain in the future, but I think it will be hybrid – that is, a combination of public and private blockchains.”


?Litecoin Led Bitcoin’s Price Rally, Now It’s Hinting at a Pullback

Bitcoin could fall back to $5,000 in the next few days, as litecoin – which guided markets higher in the first quarter – is showing signs of weakness.


Bitcoin’s long/short ratio has dropped well below 1.00 for the first time since Jan.1, signaling growing bearish sentiment. Further, the 14-day relative strength index is teasing a bearish divergence. Therefore, a price pullback looks likely.


The case for a drop to $5,000 would weaken if the price bounces up from the ascending 10-day moving average, currently at $5,303.

? Big Players Transforming Crypto Exchanges in Japan


Government-approved cryptocurrency trading platforms in Japan are undergoing changes with big players entering the market. News.Bitcoin.com talked to Japan’s top financial regulator to learn about the regulatory implications of the changing business models and internal systems of regulated exchanges.


“There is no need to re-register. If its business model or internal control system are to be changed, FSA will rigorously review them from the perspectives of user protection and others”.

Big Players Are Transforming Cryptocurrency Exchanges in Japan

? Binance Singapore Launches But Offers Just One Trading Pair

Binance has launched a new cryptocurrency exchange in Singapore after months of anticipation, TechCrunch reported on April 23, albeit with limited features.


Users of the platform are only able to purchase bitcoin (BTC) using Singapore dollars (SGD,) meaning far fewer trading pairs are available for consumers compared with the company’s main exchange.


The Binance Singapore website suggests that the service is being offered in conjunction with Xfers, a local payment service that claims to offer a crypto wallet approved by Singaporean regulators. Three steps are listed for new customers: creating an account with Binance Singapore, linking their Xfers account, and beginning to buy and sell bitcoin as they wish.

? John McAfee Vows to Unmask Crypto’s Satoshi Nakamoto, Then Backs Off

John McAfee, the eccentric antivirus pioneer known for his brushes with the law, said he has spoken with Bitcoin creator Satoshi Nakamoto and plans to reveal the person’s identity.

But the timing of the announcement is up in the air. After previously telling Bloomberg he would expose Nakamoto “within a week,” he backed off the plan. McAfee said Tuesday on Twitter the controversy could hurt his efforts to fight an extradition to the U.S.
“People forget that I am a technologist,” he said. “I am one of the best.”
In delaying the revelation, McAfee posted a letter from Mario Gray, his extradition lawyer, saying that exposing Nakamoto could make him the target of lawsuits — forcing him to defend himself “on many fronts.”


“Releasing the identity of Satoshi at this time could influence the trial and risk my extradition,” he said in a tweet. “I cannot risk that. I’ll wait

https://twitter.com/officialmcafee/status/1120803594041688069/photo/1

? Daily Crypto Calendar, April, 25th?

“On April 25th, Deex opens the platform for OTC (Over The Counter market) market trading.”

“April 25–26, Seoul, South Korea, K.E.Y PLATFORM 2019”

Activation of Shift Core v7.0t will occur at block 22,400.

Thursday around 9 PM UTC we will add new language to our website: Polish.

“Purchase Q-Gas backed IOU with USDT,” on BitAsset.

image.png

STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

Yesterday we were testing the support line at 0.39 and I was saying you that I was hoping it won’t break. It has been broken and as annonced, it created an acceleration in the drop. We are now stabilizing because we have a little bounce on the BTC from its support line but for sure STEEM did again a very bad drop yesterday… I will give you the next support in my next article.

image.png

Last Updates

Join this new Free To Play on the STEEM Platform !

? Daily Crypto News, April, 24th?

  • Bitcoin Price Sees First ‘Golden Crossover’ Since 2015;
  • The Ethereum Name Service Is Turning Nearly 300,000 .ETH Domains Into NFTs ;
  • IBM Issued Patent for DLT-Supported Data Sharing and Validation ;
  • French Lender Societe Generale Issues $112 Million Bond on Ethereum;
  • Survey Shows South Koreans Increased Crypto Holdings by 64% Last Year ;
  • ? Daily Crypto Calendar, April, 24th?
  • STEEM Trading Update

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

? Bitcoin Price Sees First ‘Golden Crossover’ Since 2015

Bitcoin’s daily chart is reporting a “golden crossover” – a bull cross of the 50- and 200-day moving averages – for the first time since October 2015. The crossover represents a long-term bearish-to-bullish trend change.


A convincing close today above $5,466 (April 10 high) would establish another bullish higher high and boost the prospects of a rally to $6,000.


That rally, however, may be preceded by consolidation or price pullback, as the golden crossover is accompanied by the overbought readings on the relative strength index and a neutral long/short ratio.


The case for a pullback to $5,000 would strengthen if the price fails to close (UTC) today above $5,466 (April 10 high).


? The Ethereum Name Service Is Turning Nearly 300,000 .ETH Domains Into NFTs

An effort to build a domain name system on top of the ethereum blockchain network is gearing up for a major upgrade early next month — and the project’s developers are urging stakeholders to prepare.


At the heart of the upgrade is the replacement of the Ethereum Name Service’s registrar, with the goal of vastly speeding up the process of registering .eth, .xyz, and .lux domain names. What’s more, names registered on the ENS will be treated as non-fungible tokens (NFTs), allowing them to be bought and exchanged like similar kinds of tokens on the ethereum network.


During an April 16 blog post, Ethereum Name Service (ENS) lead developer Nick Johnson wrote that registered domain users have one year after May 4 to migrate their domain to a new registar that is replacing the existing one.

? IBM Issued Patent for DLT-Supported Data Sharing and Validation

Tech giant IBM has been awarded a patent for a mobile data sharing method that uses distributed ledger technology (DLT), according to documents published by the United States Patent and Trademark Office (USPTO) on April 23.


The product described in the filing represents a continuation of U.S. patent application filed in November 2017 entitled “Information Sharing Among Mobile Apparatus.” IBM proposes a method executed by a mobile apparatus to verify information that has been shared between two devices.


In detail, the platform can collect specific information and deliver it to nearby computing nodes, with subsequent publishing of a verified incident event on a distributed ledger. The collected data is further used to map information updates.

? French Lender Societe Generale Issues $112 Million Bond on Ethereum

French financial services giant Societe Generale Group has issued about $112 million worth of bonds in the form of a security token on the public ethereum blockchain.


Announced today, a subsidiary called Societe Generale SFH used the OFH token (obligations de financement de l’habitat, or home financing obligations) to represent 100 million euros of covered bonds, a type of security that is backed by specific assets but remains on the issuer’s balance sheet.


However, according to a report published Tuesday by bond rating agency Moody’s Investors Service, Societe Generale was “the sole investor,” meaning the firm issued the securities to itself and no outside buyers were involved.

? Survey Shows South Koreans Increased Crypto Holdings by 64% Last Year

Over the last few years, South Korea has become a hotspot for cryptocurrencies and the region captures a large amount of the world’s digital asset trade volume. A survey published on April 20 by the Korea Financial Investment Association shows that the average South Korean cryptocurrency trader has increased their crypto holdings by 64.2% over the last year

Survey Shows South Koreans Increased Crypto Holdings by 64% Last Year

In 2017, cryptocurrency markets were extremely popular among South Korean traders and numbers that year definitely outshone the recent KOFIA poll published this week. According to another survey, one third of South Korean workers were crypto investors in 2017 but the average investment was less at $5,260 per investor. Another difference between then and now was the amount of younger (20s and 30s) South Korean investors was about 80% of the respondents polled. At the time, the South Korean won captured a third of the world’s crypto trade volume in 2017 behind the USD and JPY. Today the currency is still usually a top five trading pair, according to data from sites like Coinlib.io and Cryptocompare.

? Daily Crypto Calendar, April, 24th?

“We will be holding a Q-Gas and IOU AMA in our main Telegram channel (https://t.me/qlinkmobile) on April 24, 7 PM HKT.”

“The next Virtual Happy Hour will be on 4/24, 9:30PM-11:30PM (PST)!”

“Join @BlockchainSeatt’s April Meetup, co-hosted with @codefellows tomorrow at 6 PM (PST).”

The PACE Tour heads to Zurich for a hackathon with the Jaguar I-PACE, a presentation by Streamr, and a collaborative workshop.

“… We will have all ALA Reclaim payouts completed.”

image.png

STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

So yeah it was expected even I was trying to stay optimist… After the break of the support line around 0.43$, the next objective was to go test the next support, the orange line around 0.39$. This is now done and the market is really trying to break that line so I’m not sure we won’t have a break quiet soon and an acceleration with the drop. Courage dera holders, it will be the time of the altcoins also…

image.png

Last Updates

Join this new Free To Play on the STEEM Platform !

Daily Crypto Digest – 009

Sometimes, the harder you fall, the stronger you rise”. – Anonymous 

Every now and then we are mostly faced with one challenges or the other. It may be financial, spiritual or physical. But every time you fall, the best thing to do is to rise and stand firm again. Why? Because no one would be there to pick you up.

This is the cryptoland, and there are different fall that could manifest in various ways.

Talk of buying a crypto coin at a prize you dim safe only to later realize you are one of those who bought the top, or maybe due to your trading convenience you slept soundly leaving your crypto on an exchange with the confidence that you are protected from price risk having set a stop loss at a target you are willing to take a loss only to wake up to the news that the exchange has been hacked.

It could be the loss of a private key, it may be the direct compromise of your device. Whatever challenges you might have been through, “you really need to pick yourself up and rise again”.

Maybe you risked so much denting your way of life as a result. You got very hard on yourself thinking about where to start from. I am glad to tell you there is a solution and that solution is “starting all over again”.

No doubt! Your decision made things worse, it prolonged your days of struggle. Mind you, you have got no option than to “start over again”. Yeah! It worth it. Why? Because the greatest thing that is happening to your life right now is the privilege of living, and the grace of life itself is worth living for.

So, pick yourself back up and start over again.
Your experience just made you stronger, you got wiser, more rational and also careful. 

There is winning time for everyone at a different period. Your winning time will come.
As long as you wake up, stand on your feet, breath in and out, every day is a new chance for new opportunities.

Dear reader, don’t mind me for my naughty dry advice, the cryptoland is just a dangerous path to journey, it takes only the strong to survive, and the strong become stronger as the downside of it can hardly be averted. 

But there are winning days for everyone, all it takes is to sit tight, hold your breath and strike at the right moment, and if your subjected right moment turns out the other way. Don’t go hard on yourself tomorrow might just be another better opportunity.
Alright! Let get into today’s digest.


Some discussion you should be part of.

Pixabay Image

Reddit

This analysis indicated the Golden Cross just formed on Bitcoinsince 2015.

The comments on the post would definitely make bubbles in your stomach .

BMW announced VerifyCarpower by the VenChain blockchain.Crypto is getting more adoptionthan you think.

NEO revitalize their coin economic model of the awaited NEO 3.0_

Twitter

A report of NASDAQ secretly testing Bitcoin-basedproduct.

Charlie Lee(litecoin founder) perspective on cryptocurrency as a payment method.

Binance completed the swap of BNB ERC token to its native coin on its main net._

Reports and Updates in the News.

Blockchain became widely speculated as a disruptive tech base on the combination of its makeup technologies, especially cryptography and the unit identifier using hashes.

Taking into consideration all aspects that make it’s immutable and secured such as a sequential ordering of block, history of block authenticity and many others. It will be quite difficult to carry some set of attacks on the tech.

But that status took a huge blow.Recently, in the news, there is a report of a hacker who was able to guess the private keys of over 700 accounts containing about 45,000 either put together, an incident which questions the credibility of the algorithm used for generating private keys on the Ethereum blockchain.

As the common know, a software system needs a single point of weakness to be rendered vulnerable. Let see what impact this have on the general view of blockchain and how the community reacts to it.

Read the in-depth news now on Cointelegraph.

Staking Is The Next Profit Mining

Gone are the days when the general belief to profit on cryptocurrency is to HODL or engage in trading in the hope of better valuation per unit of owned asset.

But there are now some different ways to profit by just holding an asset provided it is done the rightful way.

One of it is staking owned asset for a particular period of time which may be a period of 6 months, 9 months, or a year with the aim of realizing some interest.

This new mechanism is seeing the establishment of different projects providing such opportunities.

In the news – BlockFi ‘a crypto lending service” saw a major in flush of customers staking their Bitcoin or Ether asset(s) with the aim of benefiting from the annual interest rate.

Continue the read on Coindesk.

Other Updates and Report in the news.

You can now shop with Bitcoinon Amazon.

This crypto app lets you track and analyze over 2,000 crypto asset price and performance.

Here is another app that gauges the market mood and sentiment for better analysis.

The story of a wealthy founder who lost over $130 Million in bitcoin investment.

Crypto-base transfer can cut remittance fee costs in Africa by 90%.

Survey shows South Koreans increased crypto holding over the last year by 64%.

Teen sent to 10 years imprisonmentfor attempted crypto hacking on cell phones._

Put a little grin on your cheek with this meme as I round up this digest

This meme is sourced from a Reddit post.

Thanks for your time reading the digest. Remember to visit my blog tomorrow for another interesting digest.

Cheers 🙂

Disclaimer

The contents of this post are intended for information purpose only and should never be taken as an investment or trading advice. All information contained herein is linked to their respective sources without being taking word for word except in quotes and references.

? Daily Crypto News, April, 23rd?

  • Vitalik Suggests Raising Stake Rewards;
  • Crypto-Based Transfers Can Cut Remittance Costs in Africa by 90% ;
  • CFTC Chair Giancarlo Hints at What’s Holding Back Bakkt’s Bitcoin Futures;
  • Early Spotify Investor Contributes to Blockchain Art Registry in $7 Mln Funding Round;
  • An Interview With Congressional Hopeful James Felton Keith;
  • ? Daily Crypto Calendar, April, 23rd?
  • STEEM Trading Update

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

? Vitalik Suggests Raising Stake Rewards

Ethereum co-founder Vitalik Buterin proposed a higher staking reward for the upcoming proof-of-stake (PoS) algorithm implementation on the Ethereum blockchain on GitHub on April 20.


Per the proposal, 2,097,152 ether per year would be issued when 134,217,728 ether is staked and validating transactions, resulting in an annual return for stakers of 1.56%. The current circulating supply of the coin is 105,764,762 ETH, which means that this amount of stacked ether is a theoretical maximum of sorts.


The proposal also estimates the annual return for various quantities of validating ether. For instance, if only 1 million ETH was staked with this configuration, validators would receive an annual return of 18.1%. The community on Reddit has reacted to the proposal seemingly well, with many defining the rates as more reasonable than the previous ones.


? Crypto-Based Transfers Can Cut Remittance Costs in Africa by 90%

Remittances have become a lifeline for many people in Sub-Saharan Africa, but the cost of sending money via banks and money transfer operators remains punitively high. On average, it costs 9.3% (of value transferred) to send the equivalent of $200 to the region, the highest remittance rates anywhere on the planet, according to the new World Bank 2019 report. However, the cost drops dramatically by as much as 90% when money is sent through cryptocurrency-based fintech companies like Bitpesa.


Africans working abroad last year sent $46 billion to support families in their home countries. The money is often used to pay for education, buy food and clothes, start a business, build a house and cover daily living costs. Money sent from overseas is a vital tool of survival for many families in Africa’s often unstable economies.

Crypto-Based Transfers Can Cut Remittance Costs in Africa by 90%

“We process our remittance payments with a blend of traditional and personal insurance such as pooling, as well as using cryptocurrency,” Zoo elaborated. “Our fees are 1 to 3% so it’s significantly lower than those mentioned in the World Bank report. A lot of our clients are money transfer operators that actually move the money and we are the underlying technology or software behind what they do as well as being their foreign exchange provider.”

Crypto-Based Transfers Can Cut Remittance Costs in Africa by 90%

? CFTC Chair Giancarlo Hints at What’s Holding Back Bakkt’s Bitcoin Futures

The Takeaway
Bakkt, the proposed bitcoin futures exchange, remains in regulatory limbo

CFTC Chairman Christopher Giancarlo wouldn’t discuss specific proposals, but his general comments about crypto regulation offer hints at the reasons Bakkt is languishing

Part of the problem appears to be the firm’s plan to custody its own bitcoin, and clear trades through its parent company’s clearinghouse

This proposal may present issues both in terms of regulatory jurisdiction and opposition from other clearinghouse participants

?Early Spotify Investor Contributes to Blockchain Art Registry in $7 Mln Funding Round

The blockchain-based art registry startup Artory has reportedly raised over $7 million in Series A funding round from an early Spotify investor among others. The development was announced by art-focused publication the Art Newspaper on April 22.


Artory — ledger of which enables users to trace provenance and title data, as well as record sales of works of art —  has reportedly secured $7.3 million from a group of investors, including private investing firm 2020 Ventures, which backed Swedish audio streaming platform Spotify, American logistics company Postmates, and luxury goods resale platform The RealReal.


Nanne Dekking, the founder of the project, said that the funds will be allocated for further improvement of the registry’s data and development of the platform’s functionality. Dekking said that they are “are building something that has to be vetted, accurate and easily searchable to show the depth of information behind every artwork.”

? An Interview With Congressional Hopeful James Felton Keith

James Felton Keith is the kind of guy who’s so clean-cut, it’s intimidating, from the sharply-pressed suit right down to the meticulously trimmed nails. He has delicate features, studied economics at Harvard, and is often known by his patrician initials: J.F.K.

But his origins, and frequently his demeanor, are a lot more hardscrabble than all that suggests. Keith, who is black, grew up in Detroit—we met there when he spoke at the RadicalxChange conference—before transitioning to New York. He considers the Big Apple home, and now he’s mounting a 2020 campaign to depose incumbent Adriano Espaillat in New York’s 13th Congressional District, which encompasses both Harlem and Washington Heights—a cultural spectrum Keith says he’s well-positioned to span.

? Daily Crypto Calendar, April, 23rd?

BAT releases milestone 0.63.x, which includes a variety of features, around April 23.

“#ARK Core Update v2.3 will go live on April 23rd 2019 at 4pm UTC.”

“We will be de-listing BWX due to an upcoming token swap on Tuesday April 23, 2019. Please cancel all orders before withdrawing.”

DAPS trading competition on BitMart from April 23rd – May 7th.

Genesis 2019 conference in Toronto, Canada from April 23-24.

image.png

STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

It looks like the BTC is preparing for a possible Break Out, UP or DOWN, we will see in some hours. However, a UP Break Out will perhaps help us to finally break that resistance line at 0.43 that we are not able to stay uper more than some hours. Again I don’t understand the importance gave by the market for that resistance line but we cannot ignore it.ave been a little bit too much optimist yesterday by enjoying the break of the resistance line at 0.43$. We had a little UP just after that break but the sellers came back powerfully and just destroy that line again within some hours. Everything has to be done again now… and we have even the risk to go test the support line in orange around 0.39$. Let’s see friends…

image.png

Last Updates

Join this new Free To Play on the STEEM Platform !

? Daily Crypto News, April, 22nd?

  • Four Olympic Gold Medals Winner Tennis Player Serena Williams Invests in Coinbase;
  • Bitcoin SV’s Delisting Isn’t ‘Censorship.’ But It’s Still a Problem;
  • JPMorgan Expanding Blockchain Project With 220 Banks to Include Payments;
  • Current Bitcoin Misery Index Never Been Reported in Bear Market;
  • An Interview With Congressional Hopeful James Felton Keith;
  • ? Daily Crypto Calendar, April, 22nd?
  • STEEM Trading Update

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

? Four Olympic Gold Medals Winner Tennis Player Serena Williams Invests in Coinbase

World famous tennis player Serena Jameka Williams revealed in an Instagram post published on April 17 that in 2014, she launched her investment business Serena Ventures and silently invested in over 30 companies, including major cryptocurrency exchange Coinbase.


According to the official website of Serena Ventures, the market cap of the portfolio is over $12 billion, and the diversity of the founders of the companies in which the firm invested is 60%. The website further notes that the fund is focused on early stage companies, encourages collaboration among portfolio companies and expands partnership opportunities.


According to Wikipedia, Williams won four gold medals at the Olympics, and the Women’s Tennis Association ranked her world No. 1 in singles on eight separate occasions. Moreover, in August last year, business news outlet estimated her net worth to be about $180 million.

? Bitcoin SV’s Delisting Isn’t ‘Censorship.’ But It’s Still a Problem

Is cryptocurrency exchange Binance’s delisting of bitcoin SV a form of censorship?


And if so, doesn’t that make hypocrites out of all the Bitcoin Core supporters and Craig S. Wright haters who cheered the downgrading of the latter’s competing bitcoin project? Are they not applying a double standard by simultaneously arguing for immutable, “censorship-resistant” blockchains?


These are the questions bitcoin skeptics are putting to a cryptocurrency community they view as failing to comply with the Voltairean maxim that one should fight for someone’s right to say something regardless of whether you agree with it. (Yes, I know it wasn’t actually Voltaire who said that…)


Whether this “gotcha” is fair or not, it has given rise to a far more interesting crypto debate than the tiresome, yearlong squabble between Craig Wright-supporting BSV holders and Craig Wright-loathing BTC holders, the one that triggered the delisting in the first place. (Before Binance CEO Changpeng Zhao, known as CZ, made his decision, BTC supporters had pressured him to punish Wright for filing defamation lawsuits against Twitter accounts that had refuted the bitcoin SV founder’s claim to be Satoshi Nakamoto.)

? JPMorgan Expanding Blockchain Project With 220 Banks to Include Payments

Investment banking giant JPMorgan Chase is planning to expand an existing blockchain project to include settlement features as it seeks to fend off competition from payments upstarts such as TransferWise and Ripple.


The blockchain-based Interbank Information Network (IIN), set up in partnership with Australia’s ANZ bank and the Royal Bank of Canada back in 2017, currently allows its over 220 banking members to quickly address payments that contain errors or get held up for compliance reasons – problems that can takes weeks to solve with multiple banks being involved across the payments chain.


The Financial Times reported Sunday that John Hunter, head of global clearing at JPMorgan, said the IIN is fast developing and that the bank is “looking at the ability to do more at the point of settlement.”

?Current Bitcoin Misery Index Never Been Reported in Bear Market

Fundstrat Global Advisors founder Tom Lee pointed out that the value currently reported by his company’s bitcoin (BTC) sentiment indicator Bitcoin Misery Index (BMI) has never been seen in a bear market. Lee made his comments during an interview with Cointelegraph published on April 19.


During the interview, Lee noted that through 2018, the BMI has not been over 50, while it now recently touched a value of 89. According to Lee, values over 67 have never taken place in a bear market.

Lee concluded:
“It means that a bull market is likely starting.”

? An Interview With Congressional Hopeful James Felton Keith

James Felton Keith is the kind of guy who’s so clean-cut, it’s intimidating, from the sharply-pressed suit right down to the meticulously trimmed nails. He has delicate features, studied economics at Harvard, and is often known by his patrician initials: J.F.K.


But his origins, and frequently his demeanor, are a lot more hardscrabble than all that suggests. Keith, who is black, grew up in Detroit—we met there when he spoke at the RadicalxChange conference—before transitioning to New York. He considers the Big Apple home, and now he’s mounting a 2020 campaign to depose incumbent Adriano Espaillat in New York’s 13th Congressional District, which encompasses both Harlem and Washington Heights—a cultural spectrum Keith says he’s well-positioned to span.

image.png

? Daily Crypto Calendar, April, 22nd?

“After 2 years of development, we are proud to announce that IoTeX Mainnet Alpha will be launched on April 22.”

“The Emblem Mobile Wallet is nearing completion and I expect to begin rolling it out to the community over the next 2 weeks.”

Binance will delist “Bitcoin SV” BCHSV on April 22, 2019.

“April 22nd, the biggest partner of Phantasma until now will be revealed”

“DATE CONFIRMED The first phase of #BiboxOrbit will launch on Apr 22.”

image.png

STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

I have been a little bit too much optimist yesterday by enjoying the break of the resistance line at 0.43$. We had a little UP just after that break but the sellers came back powerfully and just destroy that line again within some hours. Everything has to be done again now… and we have even the risk to go test the support line in orange around 0.39$. Let’s see friends…

image.png

Last Updates

Join this new Free To Play on the STEEM Platform !


Daily Crypto Digest – 008

Yeah! It another digest after some time out.

I wish I could keep to the title of the digest series with the daily tag use, but sometimes circumstance can act very naughty against personal goals.

Whichever way, it’s been fun writing about blockchain and crypto related stuff as I found a passion that would be hard to let go within the sphere.

Setting out with this digest series – my aim was to push myself to put something out there every day but I need to take things as it is presently and work towards being fairly independently (a day I can’t wait to experience) then I can start blaming my self more. Who knows ‘crypto might just be the mantle of liberty’ I so much crave.

Enough of the stories.

Let get into today’s digest.

“Silence after a sudden noise” – I couldn’t find a better phrase to qualify the present market condition. The king has chosen to fend off intruders by setting up some resistance at $4,900-$5050 marks. Tested many times but not broken, the fortress seems to be HODLing. It’s now a question of if the exhausted bears would finally surrender and run off into their jungle to allow the King expand his dynasty, or if they will keep fighting until there is no more legacy left in their veins.

Whatever their decision is, their time of merriment seems to be over.

It is understandable why they find it giving up so easily, no one could simply give up after colonizing a place of abundance for so long, the taste of the blood shed by longs still makes butterflies in their stomach, sustaining them even through the harsh winter without a single loss in meat mass.

Now, the juvenile bulls in their big numbers are waiting rather impatiently inside the fortress, picking up every meal they could to build up their strength for the upcoming great run, while their wearing fathers hold up the tiring bears over the walls.

This for sure would be a run that would go down in history, their numbers are that much terrifying.

Some discussions you should be part of.

Pixabay Image

Reddit

The HODL legacy persists among believers, demonstrated in different ways. This demonstration is truly explicit.

You must have heard of some crypto related suicide which may be very terrifying to your ears, but be ready to hear the shock of a life with the staggering number of suicide the 2008 financial crisis caused.

Undercover reports on bitcoin bull run imminency.

Another exit scam.

A crypto startup that developed wallet without private keys. Incredible!

Twitter

The launch of the widely awaited Binance chain.

English Premier league cryptocurrency sponsorship deal is gaining more exposure.

Russian operative used cryptocurrency at almost every stage in their online efforts to interfere in the 2016 U.S election.

Reports and Updates In The News

Pixabay Image

It is a famous story in the bible – the story of David and Goliath.

The small boy of few age from nowhere who defeated a full-grown Man with immense strength and reputation. Growing himself to become a great king that ruled a big kingdom.

This story could be compared to a startup that developed so aggressively to become the industrial leader disposing all Goliaths that ruled for many years before its birth.

I am talking of no one but the Binance exchange. The leading exchange that seems to be running on a non-extinguishable volcano.

Binance took the industry by storm, setting new rules and examples as it progresses upward. Now, the company standards are being considered as a template for future developments by other exchanges.

When it comes to marketing Binance is exceptional, talk of the product; the company knows exactly how to mould its mole, what of a sustainable community and growth, they perform incredibly.

As part of its development, Binance recently launched its scalable mainnet chain migrating it token from the Ethereum chain which swap will commence on the 23 of April.

Right before it gets started, a project “Mithril” whose focus is on social mining i.e the act of rewarding content creators by the community of readers and curators, has already taken a spot as the first project to migrate to the Binance chain.

Read more about this migration now on Cointelegraph.

Take Your Crypto Privacy to Another Level

Traditional services we have been accustomed to are making the slogan “be your own bank” a hard nut to crack for the majority. If any crypto follower would tell about his/her greatest challenges, keeping and safeguarding private keys would make the top of the list.

Rewiring from the addicted old ways of trusting centralized services with our wealth and property demanded more mindfulness than we are ready to give.

But our negligence comes with the price of dashing away our magical money straight to the mouth of the masked wolves.

Mostly, the simple mistakes we make comes from the pattern of our behaviors when dealing with these digital assets rather than the direct theft of the coins from our physical devices.

This guide is meant to show you some little steps and precaution you could adopt to strengthen your privacy and improve your online behaviors when it comes to crypto dealings.

Read the guide now on news.bitcoin.com.

YouTube

Crypto market update from Nugget’s news.

https://youtu.be/J0962fVmspE

Other updates and reports in the news

Pixabay Image

Poloniex supports Tether USDT on the Tron network.

Maker holders debate on whether to raise the stability fee for the DAI stablecoin.

Bitcoin SV is struggling with its large block size after a series of block re-structuring. 

Research shows some America retirees hold some bitcoin while the majority haven’t heard of it before.

Potential benefits and drawback of central bank owned cryptocurrency outlined by The Bank of Russia.

Coinbase saw 60% less than the forecasted revenue for 2018.  

IOTA and Evrything are providing their solution to aid transparency in the supply chain consumer goods sector.

Enjoy this meme as I round up this digest. 

Sourced from a Reddit post.


Thanks for your time reading the digest. Remember to visit my blog tomorrow for another interesting digest.


Cheers 🙂

Disclaimer

The contents of this post are intended for information purpose only and should never be taken as an investment or trading advice. All information contained herein are linked to their respective sources without being taking word for word except in quotes and references.