Tag: palnet

Public blockchain tokens will soon be trading on a major securities exchange.

Revealed exclusively to CoinDesk, Swiss security token firm BlockState plans to “passport” half a dozen ERC-20 tokens from ethereum, the second-largest public blockchain, to Corda, the private distributed ledger technology (DLT) platform developed by R3.

Before the end of the year, the tokens will be locked up in a smart contract on ethereum and “mirrored” versions of them will run on Corda. This is akin to global depository receipts, where shares of a company are held in custody in one country and a certificate representing ownership of them is traded in another.

Bitcoin mining has become competitive than ever.

Bitcoin mining difficulty – the measure of how hard it is to earn mining rewards in the world’s largest cryptocurrency by market cap – has reached a new record high above 7.93 trillion. That’s a seven percent jump from the 7.45 trillion record set during the recent two-week adjustment cycle, which was the highest since October 2018.

Bitcoin is designed to adjust its mining difficulty every 2,016 blocks (approximately 14 days), based on the amount of computing power deployed to the network. This is done to ensure the block production interval at the next period will remain constant at around every 10 minutes. When there are fewer machines racing to solve math problems to earn the next payout of newly created bitcoin, difficulty falls; when there are more computers in the game, it rises.

The Takeaway

Facebook’s Libra white paper includes a brief but potentially seismic nod to digital identity standards.

With 2 billion users worldwide, Facebook may be able to succeed where others have failed in jump-starting a globally accepted digital ID.

Some identity experts say this is even more important than the cryptocurrency, but others question how much control Libra would give users and find its approach overbearing.

Bitcoin’s (BTC) price fell by $1,400 within minutes after a crash of United States-based cryptocurrency trading platform Coinbase.

Coinbase first reported that it was investigating an issue in which its API and website were not functioning properly at 1:47 p.m. PDT on its status website. 

Singapore-based crypto exchange Bitrue has suffered a major hack, losing 9.3 million XRP and 2.5 million cardano (ADA) from its hot wallet. The news was revealed in an official statement from the exchange published as a twitter thread on June 26.

At the time of the breach — 1 a.m. GMT+8 June 27 — the stolen funds would have been worth over $4.5 million in XRP (valued at $0.488) and $237,500 in ADA (valued at $0.095), according to CoinMarketCap data.

The exchange states that a purportedly single hacker first “exploited a vulnerability in our Risk Control team’s 2nd review process to access the personal funds of about 90 Bitrue users,” subsequently using this first experience to access the exchange’s hot wallet and steal the cryptocurrency. 

LTO Network presents business track at Containers Today.

RISE Rewards reduction from 12 to 9 per block at block #2,108,160 (approximately June 27).

CEO Claude Eguienta hosts June “Office Hours AMA” in TEL’s official Telegram from 5-6 PM.

“Our founder and CEO, @yanbonknorg1 , is going to visit Seoul on June’27 and introduce @NKN_ORG to the Korean market.”

We would like to share with you the latest development and future plans of Bibox and hear from you your feedback and suggestions.

This resistance line at 0.43$ is still there… unbreakable… we are testing it and testing it but we don’t have the volume to break it more than some minutes. What else to say… imagine now that the BTC will correct, I’m quiet sure that we will break very easly all our support line. So yeah let’s wait and see what the steem want for us but again we are not on a ideal pattern.

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Bitcoin (BTC) rose above $12,900 for the first time in over 17 months backed by consistent levels of volume.

Recent price action could set scope for $13,700 in the coming day on the back of strong bullish momentum.

The hourly chart reveals extreme levels of volatility presenting harsh trading conditions for the average trader.

The Commodity Futures Trading Commission (CFTC) has cleared bitcoin derivatives provider LedgerX to offer physically settled bitcoin futures contracts.

The CFTC said Tuesday it had approved LedgerX’s application for a designated contract market (DCM) license, meaning the company can now offer the new futures contracts. LedgerX is the second company to receive approval to offer physically settled bitcoin futures; other firms, such as Intercontinental Exchange’s Bakkt, Seed CX and ErisX plan to enter this market. (While Bakkt’s own futures contracts have been self-certified, the firm is waiting for the New York Department of Financial Services to license its warehouse).

Unlike the cash-settled bitcoin futures listed by the Chicago exchanges Cboe and CME, in physically settled futures the buyer receives the underlying commodity when a contract expires, rather than the fiat equivalent. 

Bitcoin’s (BTC) parabolic advance over $12,000 has taken its market dominance above 60% for the first time since April 2017, data from CoinMarketCap confirmed on June 26.

Following its rapid appreciation in recent days, the bitcoin price reached levels not seen since immediately after the end of its 2017 bull run.

The successes have come at the expense of altcoins, which have so far failed to produce similar performance. As a result, BTC dominance of the overall cryptocurrency market cap is now 62% – more than at any time in the past two years. 

Facebook published plans for the Libra cryptocurrency in seven languages, including Indonesia’s Bahasa – a move that offers perhaps the clearest glimpse of what Facebook’s fintech ascent might look like.

“Indonesia has the fourth-highest number of Facebook users in the world,” Pang Xue Kai, co-founder of the Indonesian crypto exchange Tokocrypto, told CoinDesk. “If Facebook’s Libra can address the [local] issues, it has the potential to succeed.”

According to the annual media report released by We Are Social and Hootsuite, Indonesia has the world’s highest rate of Facebook post engagement among internet users, over 4 percent, and the highest frequency of online shopping, with 86 percent of Indonesian survey respondents saying they bought something online in the past month.

The President of Uganda, Yoweri Museveni, will officiate the 2019 Africa Blockchain Conference, according to a report by Kabuubi Media Africa on June 24

According to the report, The 2019 Africa Blockchain Conference — not to be confused with  The Blockchain Africa Conference 2019 which occurred in April — will be held from July 3 to July 4, and the theme is ’Africa 4.0:  Preparing Africa for the 4th Industrial Revolution.’ The conference topics will reportedly include fintech, payment systems, and the future of education.

President Museveni reportedly supported the use of blockchain technology in Uganda during his inaugural speech. Museveni is said to have cited four economic areas that he believes should be supported by blockchain technology: agriculture, manufacturing and processing, services, and the ICT sector.

Tritium Wallet will be available to download on Wednesday, June 26th.

Bitforex Listing

Hubi will open DGB/USDT trading pair at 2:00pm on June 26.

Hot Pot Challenge on Binance DEX 2019/06/21 -2019/06/26 “A Trading Competition with 25,000,000 RAVEN to be airdropped”

“AMA with @stratisplatform CEO, Chris Trew in the #Binance English Telegram group.”

This resistance line at 0.43$ is really blocking us since weeks now. We have to wait and see when the market will have the power to break it or if we will see an important correction taking place from it. The Steem is really controlled in this range since weeks by a whale I supposed and without a break out, I don’t expect any big move.