BLOCKCHAIN NEWS New partnership of TRON involves cloud computing provision, not blockchain: report TRON founder Justin Sun recently teased the community by stating that it was partnering with an “industry giant”. It was followed by wide speculation in the community, with some strongly suggesting that
TRON is partnering with Baidu, China's largest internet search provider.
Read more Apple co-founder Steve Wozniak joins a blockchain investment firm Steve Wozniak, the tech icon and co-founder of Apple, has ventured into the fray of blockchain. Wozniak is now the co-founder of
EQUI Global, a venture capital (VC) firm powered by blockchain technology. Announced via a
Medium post, the company describes itself as a “
venture capital tech innovator”. EQUI Global aims to disrupt the VC space, which it deems too traditional for the modern age.
Read more CRYPTOCURRENCY NEWS Fastest among all cryptos: Nano [NANO] adds $20 million to its market cap Nano's rise today has become the talk of the crypto community.
Nano [NANO] has hiked by 13% and has added over $20 million to its market cap. The cryptocurrency's performance in the market has been praised by many. It emerged as the winner of the cryptocurrency race in August outperforming the top 30 cryptocurrencies by market capitalization.
Read more Binance burns $17 million in BNB for its 5th quarter burn In early 2017, when
Binance first released its whitepaper, many were attracted by the proposed quarterly buyback policy of the exchange. The process in which Binance would be allocating 20% of its profits to buy back its token BNB at market values apparently to please investors. This would go on until they bring back and destroy 50% of the total BNB. After the process, only 100 Million BNB will be left.
Read more New tracker shows users need to pay 5% more Tether [USDT] than USD to buy Bitcoin The Tether debacle has stirred the crypto community. While some suspected something was wrong with
Tether[USDT] on account of repeated controversies surrounding the coin, others chose to believe in the world's leading stable coin in the crypto market. It was not until a few days ago that the crypto token, whose value is pegged to $1, lost its stability and slipped by 5% in the market - dropping below the $1 mark. Many have said that the eighth largest cryptocurrency in the world is losing its charm and has begun its downfall.
Read more Cryptocurrency lending firm Nexo denies close association with Tether [USDT] Nexo, a cryptocurrency lending firm, recently shared on Twitter about its relation with the USD-backed stable coin
Tether [USDT]. Nexo stated that the company has never held any significant amounts of USDT on its balance sheet. This came after a fresh round of speculations arose last week regarding the status of Tether [USDT] being fully backed by dollars. Tether Ltd, the company that issues USDT tokens, has repeatedly affirmed that each USDT coin is backed by dollars. However, the company has failed to provide proof of its dollar holdings.
Read more CoinText wallet facilitates Bitcoin Cash [BCH] transactions via text message for Argentina, Turkey users CoinText has started offering a new SMS-based
Bitcoin Cash wallet service in Turkey and Argentina. The dire economic conditions in these two countries have resulted in a sharp rise in the use of cryptocurrency. “Bitcoin is better money,” said Vin Armani, founder and chief technology officer of CoinText, in an online
statement. “Many Turks and Argentinians already understand this due to high inflation. We are excited to provide tools to help them use cryptocurrency.”
Read more Following Coinbase listing, 0x [ZRX] surges by a whopping 33% Coinbase, one of the largest crypto exchanges in the world, has announced its support for
0x [ZRX], currently sitting on the 22nd spot in terms of market cap. Announced via a
Medium blog post, Coinbase said that it will begin to support ZRX via its Android and iOS applications. Customers can now trade or simply send and receive 0x, in addition to coins such as
Bitcoin [BTC],
Bitcoin Cash[BCH],
Ethereum [ETH], among others, as stated by Dan Romero, vice president and GM of Coinbase Consumer in the blog post.
Read more Bitfinex eyes Hong Kong-based Bank of Communications as its new banking partner After briefly banking with HSBC through a private account via Global Trading Solutions,
Bitfinex is eyeing at banking with Hong Kong-based Bank of Communications through a private account via Prosperity Revenue Merchandising Limited, according to a
report by The Block. Citibank is the moderator between the two in terms of US Dollar wire transfers to the exchange.
Read more Russian hacker faces criminal charges for illegal Bitcoin mining A hacker, 21 years of age is facing criminal charges for illegally mining Bitcoin (BTC) by hacking the government-owned servers, according to a local news
report on Tuesday, citing the regional office of Russia’s
Federal Security Service (FSB). It was found through constant investigation that the hacker hacked public administration servers in three Russian regions. When the intruder tried to hack the equipment of Internal Security Division in the city of Yaroslavl, he was caught in the act.
Read more Users can now store TRX using Morph as Tron partners with multi wallet Tron recently partnered with Morph multi wallet which assures to deliver a safe and simple place to store TRX.
TronFounder, Justin Sun, took to Twitter to share the news with the community. In his words, “Thanks for the support to #TRON. You can start storing your #TRX on Morph now! $TRX”. According to the official post by Morph, “Create a TRX wallet, send, receive and convert your Tron in a few quick and easy steps. The cross platform wallet is available on both Android and iOS with a web client in the works.”
Read more Media startup Civil’s token sale fails to take off The token sale that was meant to write a new chapter in the evolution of online journalism seems to have not taken off and the worst that was feared has come true. There was a certain sense of anticipation mixed with a tinge of uncertainty when
Civil unveiled its ambitious plan to sell $8 million worth of its cryptocurrency, called CVL. But it seems that Civil’s
initial coin offering (ICO), which was meant to fund a new economy of journalism based on blockchain failed to attract sufficient interest. This was announced by the company in a Medium
blog post today.
Read more DLT capable of supporting 100 million trades per day: DTCC study The
Depository Trust and Clearing Corporation (DTCC), a firm that provides infrastructure services to financial markets across the world, has released a
new study that demonstrates that
distributed ledger technology (DLT) is capable of supporting 100 million trades as average trading volumes per day in the US equity market. The study was conducted by Accenture and powered technology by Digital Asset (DA) and R3. It proved that DLT can perform transactions at a very high rate compared to public block chains.
Read more Coinbase announces support for 0x protocol [ZRX] token One of the leading cryptocurrency exchanges in the world,
Coinbase announced on Tuesday that it now supports ZRX at Coinbase.com and in the Coinbase Android and iOS apps. This announcement was made by Coinbase in its Medium blog. The customers can now buy, sell, send, receive, or store
ZRX, along with Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, and
Litecoin. While this service will be available in most jurisdictions, it will not be available for residents of the United Kingdom or the state of New York initially. They will have to wait for some more time.
Read more Gaming platform Plair partners Safe Haven to boost VeChain’s ecosystem In a major strategic decision,
Plair has announced a strategic alliance with
Safe Haven. This was made public by the company in a Medium blog on Tuesday. According to the blog, Plair and Safe Haven’s foundations will do a strategic token swap to support the Safe Haven, Plair, and the VeChain ecosystem. The blog goes on to add that the company’s public sale will be held on the ThorBlock platform.
Read more Huobi lists four new stablecoins: PAX, TUSD, USDC, and GUSD Just like OKEx,
Huobi has also listed four coins at roughly the same time. The coins include Paxos Standard (PAX), True USD (TUSD), USDCoin (USDC), and Gemini Dollar (GUSD). Beginning this Friday, the fifth largest crypto exchange by trading volume will start accepting deposits of the four stablecoins, according to an
announcement made by Huobi Global.
Read more BlockFi backs Litecoin[LTC] as collateral and GUSD as loan funding option BlockFi, the leading crypto-to-USD lender, which creates lending and debt products for cryptoasset owners will now support Litecoin (LTC) as collateral and Gemini's GUSD
stablecoin as a loan funding option, according to company's Medium blog post. This marks the company’s first expansion of accepted collateral into top 10 cryptocurrencies.
Read more Bitfinex rolls out new fiat deposit system amid Tether debacle Bitfinex, the second largest crypto exchange by market cap has rolled out its new fiat deposit system, revealed the company's official
blog. The exchange had yesterday announced that they had paused all fiat deposits for certain users. They had also mentioned that the company was planning to create a new and robust fiat deposit system to improve the efficiency of fiat deposits on their exchange platform.
Read more EOSBet security breached again: Hackers steal 65,000 EOS Gambling dApp EOSBet, which runs on the EOS blockchain, has been compromised yet again in another blow to the
EOS community. According to a
report by TheNextWeb, the hackers have taken advantage of another vulnerability on its smart contract, robbing EOS wallets of $338,000. The EOSBet team has said that they have patched the smart contract vulnerability of EOSBet and many other contracts.
Read more Bakkt snaps up Coinbase’s Adam White; on track to start testing next month Bakkt, the much-awaited digital asset platform, is gearing up to set the crypto space ablaze by bagging big names in the blockchain and tech industry. Confirming recent media reports,
Bakkt said in a
blog post on Medium that it has appointed former Coinbase executive Adam White as its chief operating officer. White will begin his stint at Bakkt next month. He had previously served as vice president and general manager of leading crypto exchange Coinbase.
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