A research which studied user data leaks from cryptocurrency exchanges has revealed that Americans are the main targets for cryptocurrency hacks.
- Crypto ecosystem needs users who utilize tokens for its intended purpose
- Fads like CryptoKitties is essential for adoptions
- Governments vs Cryptos
- Proof of Stake vs Proof of Work
- On NYSE’s new Bakkt platform
XRP/BTC Drops Despite Lawsuit Against Ripple is Denied – What’s next? It’s Invest Diva’s Kiana Danial https://www.investdiva.com/ with News BTC and here is your cryptocurrency update.
Shai Rubin gives you a world class simple to understand and follow as to what the blockchain is and in specific an open immutable distributed ledger aka blockchain / tokens / cryptocurrency / smart contracts / distributed databases / etc.
In under 15 minutes!
A common language lesson on what it is. If it cannot be explained simply or commonly then the one does not have a commanding grasp of what Bitcoin / Altcoin and a blockchain is and is not. Citi Innovation lab is in good hands 🙂
Blockchain explained. Shai Rubin, CTO of Citi Innovation Lab, explains in an easy and simple way the basics of blockchain.
Bitcoin ABC Lead Developer Amaury Séchet talks about gigabyte-sized blocks that would bring Bitcoin Cash up to Visa and Mastercard scales, and incremental upgrades to ensure security. Read more here: http://ayre.to/ZKaY30kr3wJ
Tether, one of the most-traded cryptocurrencies, shows a pattern of being spent on Bitcoin at pivotal moments, helping to drive the world’s first digital asset to a record price in December, according to research by a University of Texas professor known for flagging suspicious activity in the VIX benchmark.
“Tether seems to be used both to stabilize and manipulate Bitcoin prices,” finance professor John Griffin and co-author Amin Shams wrote in a paper released Wednesday.
Questions about Tether and Bitfinex have dogged the cryptocurrency world since last year, when Bitfinex lost banking relationships yet continued to operate. The U.S. Commodity Futures Trading Commission subpoenaed both firms in December, seeking proof that Tether is backed by a reserve of U.S. dollars, as it claims. Tether and Bitfinex haven’t been accused of wrongdoing.
“Bitfinex nor Tether is, or has ever, engaged in any sort of market or price manipulation,” Bitfinex Chief Executive Officer JL van der Velde said in an emailed statement. “Tether issuances cannot be used to prop up the price of Bitcoin or any other coin/token on Bitfinex.”
Griffin and Shams — in a paper titled “Is Bitcoin Really Un-Tethered?” — set out to understand how the 2.5 billion Tether coins in existence have flowed through markets. While little public information exists about how Tether is created, it generally trades for around $1 because each coin is supposed to be backed by $1 of fiat money in a bank. The currency, which started trading in 2015, is pitched as a stable alternative to Bitcoin’s volatility, acting as a haven for crypto investors.
Blockchain is going to be changing perhaps everything we do. It is already beginning to challenge traditional ways we have kept records, managed supply chains, and produced trusted contracts. It will enhance security and reduce the uncertainties.
What is your business doing to capture the value of the blockchain?