August 23, 2019

Coinbase Dapps Can Now be Accessed Via Desktop Browsers

Coinbase officially announced that users will have the possibility of accessing DApps (decentralized applications) through their desktop browsers. According to the blog post, this new accessibility is due to Coinbase Wallet’s WalletLink service, with WalletLink acting as a secure bridge between the user’s desktop browser and Coinbase Wallet app. “ Starting today, Coinbase Wallet users...
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John McAfee’s cryptocurrency trading platform launches Shadow Trading feature

Eccentric crypto-proponent, tech security expert and U.S Presidential candidate, John McAfee, today announced the introduction of a Shadow Trading feature on his latest cryptocurrency trading platform, McAfee Magic. McAfee’s tweet read, https://t.co/5jRN3sAXvG Shadow Trading is now functional. Give it a try. — John McAfee (@officialmcafee) August 23, 2019 On the FAQ section of the webpage,...
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AWS Temporary Outage – Binance Suspends Transactions

AWS Tokyo services faced a temporary outage due to the overheating of part of chassis in the machine room on Friday. The recovery of AWS services in Tokyo is already in progress but not fully resolved yet. This had caused a price instability at some cryptocurrency exchanges in many of the Asian countries.  Correspondingly, Binance,...
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Asian Crypto Exchanges Crashed Due to Amazon’s AWS Cloud Servers

The Tokyo-based servers have from Amazon experienced some issues which caused Asians crypto exchanges to have operational problems. The CEO of Binance, Changpeng Zhao took to Twitter to alert users of this issue, stating that “Amazon’s servers are returning 500 Internal Server Error, blocking access to APIs related to the processing of withdrawals.” The servers...
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UK Employee Explains Why He Chose a 100% Bitcoin Salary

An employee at crypto exchange Coin Center was given the option to receive part — or all — of his salary paid in Bitcoin, and he went the full monty
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Bitcoin Increasingly Bearish Despite Price Bounce to $10.2K

View Bitcoin’s recovery from $9,755 to $10,255 seen in the last 24 hours lacks volume support and could be short-lived. Supporting the case for a drop back to $9,755 are the rising-wedge breakdown on the hourly chart and a bearish candlestick pattern on the 3-day chart. Wednesday’s rising-wedge breakdown on the 4-hour chart is still...
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Korbit Exchange Review: Best Exchange in South Korea?

There are many crypto exchanges in South Korea. Today, we will be reviewing one of the oldest crypto exchanges in the country, Korbit. About Korbit Korbit is one of the biggest crypto exchanges in South Korea, and it was also the first Korean cryptocurrency exchange to offer fiat trading (Korean Won) against Bitcoin. Korbit.co was...
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Mainstream News Trumpets Bitcoin, Gold as Global Recession Hedge

Retail and institutional investors alike are increasingly turning to safe-haven assets like gold and bitcoin. | Source: Shutterstock By CCN Markets: As the fear of an upcoming global recession is continuously surging, the interest in safe haven assets, like bitcoin and gold, is growing too. And now a major Australian news publication deems the two...
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The Financial Cost of Downtime

Technology over the past few decades is becoming more and more prevalent in society and we become more dependent, when it fails it wreaks havoc on our lives. The world is very dependent on tech and when it fails, even our homes are at risk, with our security systems and even our appliances relying on...
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Bitcoin Panic Unwarranted But Ethereum Still ‘Ugly’ Below $200

The week has ended with reclamation of five figure prices by bitcoin. Some of the altcoins have been marginally dragged up with it, but many including Ethereum are still looking extremely weak. Bitcoin Back Over $10k The past five instances bitcoin has dropped into four figures have been brief encounters. There is clearly a mass...
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EOS Price Analysis and Prediction for August 23rd: EOS Bears Remain Strong

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex EOS sales continue, but on Friday, August 23rd, the market mood is too ambiguous. At the end of the week, the EOS is declining, trading at $3.62. Technical Analysis On the daily timeframe, the EOS remains inside the downtrend, the quotations inside the channel. The short-term situation in...
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Libra Members Think about Quitting Project Due to Regulatory Pressure

As regulatory pressure continues to mount against Facebook’s proposed cryptocurrency Libra, at least three companies that are part of the governing association of Libra are contemplating withdrawing their support for the much-hyped stablecoin. According to Financial Times, two members of the Libra Association may leave the community altogether. Also, one member is allegedly concerned that...
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How to Buy Tezos (XTZ) in 2019

Tezos is a blockchain project that supports decentralized applications and smart contracts. The platform governs itself by establishing a true digital commonwealth and facilitates formal verification. Apart from smart contract support, Tezos is a self-evolving blockchain project. Tezos protocol undergoes constant development through on-chain governance. This enables the network to grow over time instead of...
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Circle Looks to Raise $100M for Its Equity Platform SeedInvest

Circle seeks talent to raise and to deploy a $100 million venture capital fund for its equity crowdfunding platform SeedInvest
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Winklevoss Twins on Bitcoin: ‘Wall Street Has Been Asleep at the Wheel’

The Winklevoss twins say Wall Street remains one step behind the retail sector when it comes to crypto
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Cardano {ADA} hunting for community managers in China; ADA breached the $0.050 level

Cardano operates under the guidance of IOHK [run by Charles Hoskinson who was an Ethereum co-founder] as well as EMURGO which oversees funding. The Cardano Foundation has a critical role in the advancement of “third-generation blockchain technology”. The Shelley Era will be fully implemented by the end of this year [if everything goes according to...
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Controversy Raises As Bitpay Rejects $100,000 For Amazon Rainforest

Bitpay donated $100,000 to the Amazon rainforest charity but it got rejected as it didn’t pass BitPay’s internal checks. Amazon Watch, an organization supporting the Amazon rainforest’s ecology and indigenous peoples, had tweeted regarding this in an attempt to reach out to this person and resolve this issue. Investigating this rejection, it was noticed that...
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Crypto Taxation Around the Globe — What Do Regulations Look Like?

Different countries use individual taxation schemes to govern their respective crypto industries. Let’s take a look at some of them…
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Facebook’s Libra May Be Losing Key Supporters Amid Growing Regulatory Uncertainties

The controversy around Facebook’s Libra continues as some of its backers are trying to distance themselves from it. At least three of the main supporters have met in private to discuss a potential retreat from the project as the regulations experience strong resistance, as reported by the Financial Times. The severe backlash from politicians and...
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Cryptocurrency Mining Giant Bitmain Buying 600K More Crypto Miners

Bitmain Technologies, one of the Cryptocurrency mining giant announced that it has placed a new order to buy 600,000 mining machines. As per the reports, part of the machines includes the latest 7nm model, with a hashrate of 50TH/s. Based on the hashrate, Bitmain’s total hash power is expected to jump by about 50% after...
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Plenty Of Buyers For Four Figure Bitcoin But Where Will BTC Go Next?

The market chop has continued all week as Bitcoin has oscillated between $11k and the high $9k price ranges. It has not remained in four figures for long but analysts are tending towards bearishness in the short term.Bitcoin Buyers Still Below $10kFrom its low of $9,750 yesterday, BTC recovered to reclaim the $10k level pretty...
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EOS is De Facto Centralized, Says Wikipedia Co-founder

Wikipedia co-founder Larry Sanger does not want to develop his decentralized applications atop EOS blockchain. The veteran technologist, who chose EOS to run his decentralized content distribution platform Everipedia, threatened to fire the blockchain project. He criticized EOS for becoming a de facto centralized ledger controlled entirely by the Chinese entities. Stating that Everipedia couldn’t...
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The New Bitcoin Banks Are Here

A new age of banking is imminent. Legacy models will be forced to follow suit or become obsolete in the eyes of value holders worldwide, as new bitcoin and crypto services take over, seeking to implement blockchain systems with an eye on convenience and financial inclusion. Announcements of stablecoins and exchange services from giants Binance,...
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Ripple Puts Remittance Company Xendpay on Board

Bhavin Vaghela, Xendpay’s Head of Product Innovation. Photo: Ripple Ripple announced that they went into the partnership with the UK remittance firm Xendpay therefore widening their portfolio made from big companies that are already using Ripple’s product across their payment services – MoneyGram, Standard Chartered Bank, American Express etc. From Xendpay they disclosed what kind...
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Amazon Cloud Outage Causing Major Issues at Some Crypto Exchanges

Problems with Amazon’s cloud service, AWS, are disrupting services at some cryptocurrency exchanges on Friday. The Binance exchange is seeing problems internationally, according to its CEO Changpeng “CZ” Zhao, who tweeted: It’s causing some 500 error messages on APIs and affecting some withdrawal processing — CZ Binance (@cz_binance) August 23, 2019 The KuCoin cypto exchange is...
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Decentralized crypto-service networks are more cost-effective & secure than centralized ones, claims Placeholder research

The blockchain revolution starting with Bitcoin had a great impact on the world, not just because it highlighted the importance of a decentralized financial system, but mainly because it highlighted how distributed systems can put power back in the hands of consumers. A recent study by Placeholder, a New York-based investment firm, compared cost structure...
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MVL Token(MVL) To Be Listed On Binance DEX Soon

Binance, a global cryptocurrency exchange, has decided to add MVL Token(MVL) on the exchange platform as per an announcement. The MVL/BNB trading will be opened at 2019/08/23 9:00 AM (UTC) on Binance desktop as well as mobile platforms. If you have ERC-20 version of MVL, you can swap to BEP-2 via this link. MVL is...
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Coinbase Wallet Unveils WalletLink Letting Users Access DApps on Desktop Browsers

The WalletLink feature provides a secure encrypted link connecting the browser to the Coinbase Wallet app and letting users access the DApps from anywhere. Crypto exchange Coinbase has been introducing several products and services to bring convenience and ease-of-use to its customers. The company has recently introduced a new system called WalletLink for the Coinbase...
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UK Financial Ltd. and Maya Preferred Have Completed DFS Acquisition

UK Financial Ltd. and Maya Preferred 223 have announced that their 51% acquisition of Digital Fantasy Sports (DFS) – a gaming currency that specializes in fantasy sports, esports, & casino play, is complete. On the heels of the finalization, the company will be raising the backing amount of gold and silver of each DFS to...
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Google Goes On a Diet – No More Sweets, Just Numbers

Ending the 10-year history of naming releases after desserts, the company is bailing on providing a codename beginning with a subsequent letter of the alphabet (in this case, Q), which is the way we’ve been referring to Android up to now. This year is Android 10, next year will be Android 11, and so on....
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