Friday , 23 February 2018

News

Robinhood launches cryptocurrency trading in 5 states

The Robinhood mobile trading app launched zero-fee Bitcoin (BTC) and Ethereum (ETH) trading for the first batch of the users of its Robinhood Crypto platform on Thursday, Feb. 22, as announced on the company’s blog. Beginning Thursday, users who pre-registered for Robinhood Crypto will begin receiving emails inviting them to participate in an early access program for the platform, which …

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Bitcoin dominance is up while the crypto market is seeing an overall downturn

On Monday, the cryptocurrency market cap had traded near $510 billion for most of the day, but at approximately 18:00 ET, $32 billion evaporated from the index. By the time of writing, the market had recovered to $484.6 billion, but this nevertheless represents a single-day decrease of more than four percent. While Bitcoin (BTC) dominance is up and Bitcoin transaction …

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New Bitcoin code coming with full SegWit support

Finally activated last August after months of controversy, SegWit is now spurring developers to put together a more structured, “themed” release for the software, an unusual development for the team behind the world’s oldest and most valuable cryptocurrency network. Most of the time when Bitcoin Core introduces new changes to the cryptocurrency’s code, the loose group of volunteer developers simply …

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Lenovo explores Blockchain to authenticate physical documents

Chinese multinational PC company Lenovo has filed a patent with the U.S. Patent and Trademark Office (USPTO) for a system to “verify integrity of physical documents,” using a “security Blockchain.” The patent was first submitted in 2016 but was only granted by the U.S. Patent and Trademark Office last week. The patent uses blockchain technology as the basis of a …

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Visa takes responsibility for Coinbase overcharges

Visa and payment processing company Worldpay issued a joint statement on the Coinbase blog today, Feb. 17, taking responsibility for charging Coinbase customers multiple times for the same transaction. Before admitting fault in the statement published by Coinbase today, Visa had at first shifted the blame back to Coinbase, telling the Financial Times on Feb. 16 that it had “not …

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New ‘Ethereum Community Fund’ sponsoring ETH infrastructure

Notable ethereum stakeholders are joining forces to create a fund for projects building on the world’s second-largest blockchain. It is called Ethereum Community Fund (ECF), and aims to connect and fund the growth of Ethereum (ETH) infrastructure, according to the ECF website. ECF the effort is the result of a collaboration between Cosmos, Golem, Global Blockchain Labs, Maker, OmiseGo, Raiden …

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Bitcoin price reaches $10K across major exchanges

Bitcoin is attempting to extend its recovery, its price is back above $10,000. The last notable time bitcoin, the number one cryptocurrency by market capitalization, passed this threshold was in December of last year as it charted a course to record highs around $20,000. Since the Feb. 6 low around $6,116 (as per CoinMarketCap) – a correction that saw bitcoin …

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Cisco and the Cyber Police of Ukraine have revealed a Ukrainian Bitcoin phishing scam

The Cisco’s threat intelligence team Talos, reported that technology conglomerate and the Cyber Police of Ukraine have revealed a Ukrainian Bitcoin (BTC) phishing ring that has stole over $50 mln over a three year period. Talos was first alerted to the phishing threat on Feb. 24, 2017, when a Ukrainian-based phishing scheme, COINHOARDER, targeted the blockchain.info wallet service through Google …

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Litecoin price leaps to $200

Litecoin (LTC) is putting on a show today amid news a group of developers may seek to fork its blockchain, the fifth-largest by total value. The cryptocurrency was last seen changing hands at $216, a one-month high, according to data service CoinMarketCap. Overall, LTC has appreciated by 33 percent in the last 24 hours, up over 100 percent from the …

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Microsoft will implement Blockchain-based ID system

For the past year, Microsoft researchers have explored how blockchain and other distributed ledger technologies (DLT) can be leveraged to create “digital identities” for the billions of people who do not have reliable identification. In a blog post released on Feb. 12, Microsoft’s Identity Division researcher Ankur Patel doubled down on its belief that blockchain technology is the right solution …

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