CryptoDaily; Ethereum, blockchain, KickICO, Ripple [XRP], Bitfinex, EOS [EOS], Bitcoin [BTC]; July 28,2018
Ethereum goes ‘Constantinople’ to make its network more efficient and cost-effective
Ethereum has geared up for its upcoming upgrade – Constantinople. The open-source, public, blockchain-based distributed computing platform is introducing the upgrade to refurbish its platform like never before.
The network’s system-wide upgrade is the second fraction of a two-part series of upgrades. Read more
Accenture ships blockchain to augment its logistics network
Accenture, a global management consulting company is eyeing blockchain technology as a tool to upgrade its logistics arm. The probable blockchain implementation was announced through a patent application that was published on 26th July, reported Coin Telegraph. Read more
Blockchain technology can add $5 bn to Indian economy in 5 years: Nasscom official
Blockchain technology, by raising productivity and cutting down costs, has the potential to add value of up to $5 billion to the Indian economy in the coming five years, a top Nasscom official told IANS in an interview.
KickICO loses $8 million tokens in major security breach but worry not
In yet another ICO hacking incident, KICKICO, a blockchain-based crowdfunding platform, lost KICKO tokens worth $7.7 million on Thursday.
KICKICO CEO Anti Danilevski revealed the security breach in a Medium post. He stated the issue was under control and all KickCoins will be returned.
He claimed the hackers gained access to the account of a KICK smart contract – tokens of the KICKICO platform – on July 26 at 9.04 UTC. The team realized about the attack when they received several complaints from the victims who found tokens worth $800,000 missing in their wallets, Danilevski. Read more
360 Blockchain procures ICORanker.com and BlockchainRanker.com
360 Blockchain Inc. has successfully completed the acquisition of the profitable blockchain based properties. On 5thJuly, 2018 the announcement was made about these procurement of the valuable blockchain assets. The company envisions the empowerment, development and extensive adoption of blockchain in diversifying fields. Read more
Kraken may hire you if love crypto like it’s your job
You follow the blockchain technology like it is your job? Crypto enthusiasts, rejoice. Digital currency exchange Kraken may hire you if you live in South Africa, and willing to work remotely. The US-based exchange has openings in several departments, including engineering, legal and finance. Read more
Bitcoin rallies to $8241 after SEC chief Hester Peirce supports cryptocurrency ETF
The first generation cryptocurrency, Bitcoin‘s price dropped after the news broke, U.S. Securities and Exchange Commission rejected a request to list an exchange-traded fund managed by Tyler and Cameron Winklevoss for the second time.
On Thursday SEC revealed that it is not completely convinced that bitcoin [BTC] has sufficient surveillance. Also, it added that Cboe Global Markets Inc., which would have listed the Bitcoin ETF, failed to show that the underlying market was “resistant to manipulation.” Read more
Nasdaq ‘holds’ secret meeting to legitimize cryptocurrency, Winklevoss twins’ Gemini representative attends
The cryptocurrency markets have been bearish this week after the US Securities and Exchange Commission rejected the Winklevoss twin’s second attempt to list a Bitcoin ETF [exchange-traded fund] on a regulated stock exchange.
Ripple [XRP] welcomes growing regulatory scrutiny
If history is anything to go by, the cryptocurrency industry has faced severe resistance from regulators around the world. The climate, however, seems to be changing with multiple countries now legitimizing digital assets after passing proper laws and regulations. A Ripple [XRP] executive has said that the San Francisco-based blockchain platform is thrilled that more regulators are scrutinizing the industry. Read more
Beware of the Crypto Mining Malware PowerGhost: Kaspersky warns
Kaspersky Lab researchers have found a new crypto-currency miner, PowerGhost. The malware mainly targets corporate networks in several regions, mostly in South America.
The malware “is capable of stealthily establishing itself in a system and spreading across large corporate networks infecting both workstations and servers,” Kaspersky reveals. Read more
Bitfinex, EOS [EOS] join hands to build dapp Eosfinex, Bipanda offers EOS for cash
Bitfinex, the cryptocurrency trading platform headquartered in Hong Kong, has joined hands with EOS [EOS] to produce Eosfinex. Bitfinex marketing head Kasper Rasmussen announced the development in a press release.
Eosfinex will be made combining the Bitfinix platform’s expertise with the scalability and speed of EOS.IO, he said. Read more
Is crypto only for libertarians? New survey reveals the truth
When Crypto came into prominence it was restricted only to the authoritarian. But a recent survey, titled ‘Q2 State of Blockchain’, by CoinDesk Research to find out the association between crypto and libertarianism reveals that libertarians have strong leanings towards the virtual currency. Read more
Good news for Ripple? Partner SBI holdings’ new exchange in high demand
Ripple partner SBI Holdings’ VCTRADE – first bank-backed cryptocurrency exchange of Japan featuring Ripple (XRP), Bitcoin (BTC) and Bitcoin Cash (BCH) is reportedly in high demand. The news was highlighted by twitter user @BankXRP. Read more
Supporting John McAfee & his “unhackable” Bitfi Wallet, Binance airdropping Bitcoin and Ethereum
John McAfee had recently challenged hackers to hack his “unhackable” Bitfi Wallet. But many crypto users feel it can still be hacked. Someone even challenged McAfee asking him if he will “eat his own hat and livestream it”, even “if atleast one person hacks” the wallet. However, he is still confident enough to pursue his Bitfi challenge. Among the many supporters siding with McAfee, Binance is the latest one, who has come to the fore supporting the wallet of McAfee. “We could not do this without your support we have decided to do a huge airdrop to show our appreciation,” said the Binance tweet. Read more
Controversial crypto exchange FCoin opens IOTA (MIOTA) deposit
Chinese cryptocurrency exchange FCoin gained attention of the crypto-verse soon after it started trading in May. The reason being shockingly high transaction volumes. However, exchange was not even been listed on the CoinMarketCap, despite having one of the highest transaction volume in the world. The exchange in a recent tweet revealed that it has opened IOTA (MIOTA) deposit. Read more
TransferGo launches instant-pay facility for Bitcoin (BTC), XRP, ETH, BCH and LTC
TransferGo, the money transferring app has introduced a new feature that will enable users to perform transactions of up to five cryptocurrencies—Bitcoin, Bitcoin Cash[BCH], Ripple’s XRP, and Litecoin[LTC], and Ethereum[ETH]. With this feature, one can float his/her own business of transferring cryptocurrencies. But the app does not support transactions of all virtual coins like XRP, said a report by Finextra. Read more
Crypto contest voting manipulation will be dealt “strictly”: Binance CEO
Binance CEO, Changpeng Zhao has addressed the issue of the speculated vote manipulation by the Redditors. On Twitter, Zhao has expressed his concern stating manipulation of votes for getting “Community coin of the month” would be dealt with stringent measures. Binance, the popular multilingual cryptocurrency exchange on 24th July, 2018 has opened the voting round for the event by nominating five projects. Read more
US House of Representatives want more focus on rules of cryptocurrency trading
US Congressman Rep. Bill Huizenga, a frontrunner to lead the House Financial Services Committee of the US Congress, has assured strict regulation to protect investors in cryptocurrency trading. The Michigan Republican urged the Congress to have an oversight of the crypto market which is ‘muddled and fairly opaque’. Read more
Cardano [ADA] CEO Charles Hoskinson calls Bitcoin and Ethereum worthless
Charles Hoskinson, the co-founder and CEO of Cardano, has thrashed Bitcoin and Ethereum calling them unworthy of their leading positions in the market. On the other hand, he thinks that Cardano [ADA] has what it takes to make it the first trillion dollar cryptocurrency. Hoskinson is hopeful that the Cardano [ADA] token would expand its utility to the day-to-day life in the near future. Read more
Crypto Price Prediction 2018: Cardano [ADA], Stellar Lumens[XLM], EOS[EOS]; July 27
The new talk of the crypto world was the bullish trend of bitcoin. But after the news broke that regulators had rejected a proposal for a crypto exchange-traded fund for the second time, bitcoin was trading down 1.2% at $8,068. The bitcoin rally brought a volatile price swing in the price of the cryptocurrency which affected all other major altcoins. Read more
Tron is 80 times faster than Ethereum, Justin Sun claims
Tron has been in the news for all its new developments. The most hyped one was obviously acquisition of BitTorrent. The platform officially confirmed the news, making the Tron community curious is what’s coming next for the network.
In a recent tweet, Tron founder, Justin Sun claimed that Tron is 80 times faster than Ethereum. He added, “With 14 years of experience, @BitTorrent is providing a world-class service to 100 million users in 138 countries. Add the two together and you get the largest and most advanced peer-to-peer network in the world!” Read more
IOTA vs Ethereum Classic: Who will win the IoT market?
There is no doubt that all the cryptocurrencies trying to beat each other to reach the top. With unique methods and strategies those that have managed to get the attention of people are in the top list. Such is, IOTA – the cryptocurrency which is traded on major exchanges under the symbol MIOTA. It has already made a name for itself in the crypto-verse with hopes that it would revolutionize the industry. Read more
Bill Miller, billionaire Bitcoin [BTC] investor, calls altcoins “worthless”
Bill Miller, a 67-year-old robust proponent of Bitcoin [BTC], called altcoins “worthless”. Miller, whose net worth is marked at $2billion, as a fund manager and billionaire investor has presented his perspective to Bloomberg. The interview with Bloomberg was held on Friday where he has given a vivid picture of his possession of Bitcoin [BTC]in partnerships. Read more