CryptoDaily; Coinbase Wallet, Ethereum, Tron, Bitcoin, EOS ; September 5,2018 22410
Bitcoin News
Sep 5, 2018 at 8:08 PM


Former PM of Estonia undertakes blockchain journey to transform the healthy lifestyle industry

Taavi Rõivas, a former Prime Minister of Estonia, has joined a blockchain startup in its Supervisory board. Lympo, as the startup is called, works to transform the healthy lifestyle ecosystem. The startup collects data through blockchain, by monetizing and incentivizing wellness data. The ex-Prime Minister of Estonia will be serving as the Chairman of Lympo. The startup made the promising announcement through an official post. Read more

“Blockchain-independent” project to be built on Cardano to make financial smart contracts smarter

‘Financial contracts’ is a common term in the world of business and the individuals looking forward to “encode their contract onto the blockchain”, can reach out to Marlowe. Marlowe is a project that has been designed and financially backed by IOHK, a technology company established by Cardano founder Charles Hoskinson. Primarily built for Cardano blockchain, Marlowe is working to be “blockchain-independent framework for writing financial smart contracts by simply visually composing known building blocks”. Read more

People’s Bank of China’s blockchain trade finance platform enters trial phase

According to a report published by Shanghai Securities News, the People's Bank of China (PBoC) has officially launched the testing phase of a blockchain trade finance platform. The main aim of this platform is to facilitate financial transactions and trading.The Shenzhen Central Sub-branch of the People's Bank of China has entered the trial phase of the so-called “Bay Area Trade Finance Blockchain Platform.” Read more


Coinbase Wallet update: Now, favourite dApps can be kept in one place

Having favourite dApp is nothing new, almost all investors might be having one. Keeping that in mind, Coinbasewallet came up with a new update where one can put all their preferred dApp in one place.Earlier, the only way investors could do that was bookmarking them on thenweb browser. However, now with the new Coinbase wallet update consumers can place those bookmarks on their Coinbase Wallet. It will be displayed for them on the home screen. Read more

Ethereum co-founder Vitalik Buterin might have a solution to crypto funding problem

Free-riders, that is, people or businesses profiting from the under-provision of public goods is in the crypto ecosystem. As noted in a new paper written by Ethereum founder Vitalik Buterin, Microsoft researcher Glen Weyl and Ph.D. of economics at Harvard, Zoë Hitzig. According to CoinDesk report, these free-riders pose a serious problem. It's a problem that even creating a problem outside the crypto market as well. However, in the recent paper the authors mainly focuses on how it harms the blockchain project. Read more

Tron enters entertainment world with BitTorrent Play for iOS users

Tron has recently stepped into the entertainment industry through an app known as BitTorrent Play exclusively for the iOS users. On the popular social media platform, Twitter, BitTorrent has brought before the world this app which can allow users to access entertainment content like videos and music from their phone. The list of Apple devices that support the download of the newly released BitTorrent Play of Tron involve iPad, iPod and iPhone. Read more

EU Lawmakers discuss ‘Standard’ on ICO regulations and Crowdfunding

Tuesday, 4th September, saw a meeting of the Members of the European Parliament (EU), where the topic of discussion was concerning a new set of regulations on Initial Coin Offerings (ICOs) held within the bloc of European States.The discussion was around the wider benefits and concerns that would be faced with these rules for the ICOs and the larger framework of crowdfunding, the attendees to the meeting were members the All-Party Innovation Group within the European Parliament. Read more

Bitcoin adoption takes a step forward with Lightning Network

The Lightning Network that creates a layer on top of the Bitcoin blockchain gets a boost from a start-up CoinGate. The payment processing company is reportedly adding its 4,000 merchants to the off-chain system, making Bitcoin adoption take a step forward.According to Forbes report, the merchants which will be able to accept payments through Lightning Network include: Chronoswiss and Louis Chevrolet (Swiss watch manufacturers), (gaming store), Bitlaunch (hosting service), Livejasmin and Manyvids (adult websites). Read more

Seoul to host government officials from ‘Crypto Havens’

With the worldwide embrace of cryptocurrency and blockchain technology, several countries are turning themselves in ‘Crypto Havens’ by adopting cryptocurrency in the mainstream and embracing the underlying technology. Seoul, the capital of South Korea will be the venue for government officials of these very countries to discuss and deliberate the future of this technology and the impact it will have on the industry. Read more

Binance Exchange greets Bitcoin Diamond [BCD] for withdrawal and deposits

Binance, a popular cryptocurrency exchange with a speedy growth, has recently welcomed Bitcoin Diamond [BCD] for withdrawal and deposits. Based in China, this digital exchange platform holds a significant position in the entire crypto space. Binance on the popular social media site, Twitter has posted today, on 5th September about its announcement of withdrawal and deposit of Bitcoin Diamond [BCD] from 10 am [UTC] onward. Read more

Bitcoin ETF applicant to win approval if it “looks, feels & smells” as per SEC’s need: Abra CEO

Bill Barhydt, Abra CEO has expressed that SEC approval can be won if Bitcoin ETF applicant presents itself as per SEC's requirement. Abra is a payment start-up based on Bitcoin. In a recent interview with CNBC, Bill has clarified that reputed financial institution has higher probability to win approval from the commission than the newly emerging start-ups. He has stated that in a year's time, SEC would give its approval to a Bitcoin ETF applicant provided it satisfies the needs of the commission. Read more

Bitcoin Diamond [BCD] sparkles with a massive 346% rise in an almost bearish market

Bitcoin Diamond [BCD] shows a huge leap of 346% in the last 24 hours amidst a bearish market trend of the major cryptocurrencies. On considering the top fifty cryptocurrencies in the coinmarketcap list, except this particular crypto coin and Tether [USDT], others have experienced a downfall. The primary purpose for the creation of Bitcoin Diamond [BCD] is increasing block size limit Bitcoin [BTC] to a mark of 8MB. Read more

Cryptocurrency Mining Recognized in Iran, following US Sanctions

With the Trump administration pulling out of the Joint Comprehensive Plan of Action (JCPOA) or the Iran Nuclear Deal, an economic vice grip has been placed on Iran, who has turned to cryptocurrencies as the solution. Much like deteriorating Venezuela venturing into the crypto-space by issuing an oil-backed cryptocurrency, the Petro, Iran looks to venture into the crypto-space. Read more

Changelly withhold hundreds of Monero due to “high risk” KYC concerns

The privacy coins such as Monero (XMR), Zcash (ZEC) and others have been the center of controversy, as some claim that their privacy policy might enable activities like money laundering, terrorist financing and others. Now, according to a recent report, some Monero (XMR) users have been disappointed after finding out that cryptocurrency exchanges like Changelly has the ability to effectively “steal” users’ cryptocurrency. Read more

Bitcoin can get you a more than four centuries old historic building in the scenic Malta city

The breakthrough of Bitcoin (BTC) in real estate is no longer something new to look forward to. But this mansion in Malta is grabbing people’s attention as it is up for sale and can be bought only with Bitcoin.Thrilled at the prospect, even the Bitcoin enthusiast, John McAfee posted the news on Twitter, stating: "Maltese Mansion goes on sale for BTC in advance of Malta conference." Read more

Bitmain Technologies plans for $1Billion fundraising, despite Bitcoin volatility

Bitmain Technologies, the premier bitcoin miner and the designer of the ASIC chips, is looking towards an Initial Public Offering (IPO) with an aim of $1 billion in their pre-IPO, having completed the registration for the same in August 2018, this despite the falling value of the Bitcoin massively affecting their demand. Read more

The story behind Tron’s acquisition of BitTorrent revealed

According to a report published by Coin Desk on September 4, when Justin Sun, Tron  founder bought BitTorrent in one of the most hyped and talked-about acquisitions of the year, he wasn't the only bidder. To make the case more dramatic, he wasn’t even the highest bidder.So, what went on behind the scenes that finally tipped the balance in Justin Sun’s favor. Read more

Australian Securities Exchange defers its transition to blockchain by six months

According to a report by the Sydney Morning Herald, the Australian Securities Exchange (ASX) has postponed its move to adopt blockchain for equity transactions by six months.The report says that the decision to delay the move comes as the exchange plans to devote more time to user development and testing. Read more

Former Deutsche Bank MD welcomes Yasuo Matsuda aboard on his cryptocurrency startup

FXcoin Ltd., a cryptocurrency startup in Japan that was established by Tomoo Onishi, has welcomed Yasuo Matsuda as a senior strategist. Matsuda, as a senior strategist will be responsible for doing research on virtual currencies, reported Bloomberg.Tomoo Onishi, the founder and Chief Executive Officer of FXcoin Ltd. was previously associated with Tokyo Foreign Exchange Market Committee and Deutsche Bank. He confirmed that Matsuda, who was a foreign-exchange trader at Deutsche Bank since 2012, will start working for FXcoin Ltd. from this month and will be sharing regular reports of the market. Read more

Belgium’s financial regulatory authority blacklists 28 sites for crypto-related frauds

Belgium’s Financial Services and Markets Authority (FSMA) today added 28 new sites to its crypto-related fraudsblacklist, as it reiterates its warnings to consumers to stay alert and not be caught in the false claims made by fraudsters and swindlers.The FSMA noted that despite its repeated request and warnings, the agency continues to receive reports about customers being swindled by fraudsters who are leaving no stone unturned to capitalize on the cryptocurrency hype. Read more

EOS [EOS] now supported by Ledger’s hardware wallet

Ledger, which provides security and infrastructure solutions for cryptocurrencies, said on Tuesday that it would now support EOS [EOS] on its hardware wallet Ledger Nano S along with six other digital assets.The company, which also develops blockchain apps for individuals and companies, has a practice of releasing new third-party coin apps on the first Tuesday of every month – referred to as Crypto Tuesday. Read more

Alexander Vinnik, a Bitcoin fraud & BTC-e owner to be deported to Russia: Greek Supreme Court

Alexander Vinnik, the alleged owner of BTC-e exchange platform will soon be expelled to Russia, as per Supreme Court of Greece ruling. A news media outlet in Russia, namely, RIA Novosti  on 4th September has made the revelation of the declaration. Vinnik has previously been involved in a fraud, money laundering case involving Bitcoin and is currently, sent to Russia for encountering charges of cyber fraudulence. Read more

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