Immediately after the Bitcoin Cash hard fork, the blocks on the Bitcoin ABC chain started filling up with nonsensically small transactions. At the time of writing shortly after the fork, three such blocks had been mined with a total of more than 50,000 transactions worth less than 0.5 BCH total. As seen in the video below,
The post Bitcoin Cash: ABC Network Suffered Spam Attack as Hard Fork Activated appeared first on CCN
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-
Bitcoin Cash: ABC Network Suffered Spam Attack as Hard Fork Activated
-
What We Know About Bitcoin Cash’s Two Rival Blockchains
The bitcoin cash blockchain officially split today into two competing networks – but the story seems to be far from over. -
What We Know About Bitcoin Cash’s Two Competing Blockchains
The bitcoin cash blockchain officially split today into two competing networks – but the story seems to be far from over. -
What We Know About Bitcoin Cash’s Two Blockchains
The bitcoin cash blockchain officially split today into two competing networks – but the story seems to be far from over. -
Curated blockchain and cryptocurrency news – Week 45
via crypto-news.netWelcome back to another week of our collection of the most interesting cryptocurrency and blockchain news stories. Google gets hacked on Twitter, Social good campaigns, a headmaster gets busted for stealing electricity to mine ETH, blockchain voting apps, an island state looking to create their own national cryptocurrency and more in this week’s cryptocurrency and blockchain news update.November 8th
GoodDollar, social good research initiative started by eToroAs reported by TheNextWeb, well -
Report: ICO Funding Stumbles in Q3, Regulation a Primary Factor
via newsbtc.comA recent report details just how weak initial coin offering (ICO) fundraising is becoming amidst the persisting 2018 crypto bear market, with Q3 being the least successful fundraising quarter for ICOs so far this year.
ICO Fundraising Drops Sharply in Q3
The report, which was conducted by independent research firm, ICORating, notes that a total of just over $1.8 billion was raised by a total of 597 ICO projects in Q3 2018, down significantly from the over $8.3 billion that was raised in Q2 2018. -
Fork Wars: Bitcoin Cash Dev. Warns that CoinGeek Will Attack ABC
During a largely celebratory live stream regarding the ability of Bitcoin ABC’s upgraded version of Bitcoin Cash to survive and thrive in a post-fork universe, Bitcoin ABC’s self-proclaimed “benevolent dictator,” Amaury Séchet, said that he believes, due to metrics that are publicly available, that BCH mining pool CoinGeek is presently preparing an attack against the ABC
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eToro Cryptocurrency Wallet Review
Social trading platform eToro released its cryptocurrency wallet on November 6, 2018, to much fanfare. The company, which only last month became the first platform to list Binance Coin (BNB) outside of the Binance ecosystem, has already promised to roll out additional features to the wallet, with the initial release coming with a few limitations. […]
The post eToro Cryptocurrency Wallet Review appeared first on Coinjournal. -
Daily Crypto Roundup 11/15/2018
Today was an eventful day in crypto. Bitcoin Cash hard forked, Dogecoin sees more transactions than BCH, Iranian crypto interest, and further scam reports. All while Bitcoin seems to have found a bit of price support. Catch up on today’s action.
After The Fork: How Competing Bitcoin Cash Blockchains Might Wage War
The much anticipated Bitcoin Cash hard fork took place today. The already controversial BCH has turned even more controversial as the team has split in two directions.
Roger Ver -
Bitcoin Cash War Begins: Hash Power of BCH Increasing Rapidly
via newsbtc.comBitcoin Cash’s controversial chain split scheduled for today has been activated at block number 556,766.
Around three hours after the split, it appears that one of the main instigators of the fork is struggling to keep pace with the mighty combined hash rate of Bitcoin.com and Bitmain.
Where’s All That Hash Power Then Craig?
According to data provided by cryptocurrency statistics website Coin.Dance, at the time of writing, Bitcoin.com, supporting the Bitcoin ABC side of the hard -
Binance Warns Iranian Traders to Withdraw Crypto Amid Sanctions
Binance is advising its remaining users in Iran to withdraw their money as the cryptocurrency exchange seeks to comply with international sanctions. -
Bitcoin Market Cap Slides Below $100 Billion as BCH Fork Spooks Investors
It has been more than 24 hours since bitcoin scared investors with a sudden 10 percent drop. But there hasn’t been a concrete recovery action — yet. The bitcoin-to-dollar exchange rate has surged 2.21 percent from its previous low at 5291-fiat, now trading at 5408-fiat. The coin’s market cap has risen likewise but remains below
The post Bitcoin Market Cap Slides Below $100 Billion as BCH Fork Spooks Investors appeared first on CCN -
Moscow Residents are Slowly Warming to Crypto Payments: Study
In Moscow, green shoots of crypto adoption are starting to emerge. Indeed, of the Moscow locals who prefer non-cash payment methods such as mobile payments, 1% are using cryptocurrencies while 5% appear to be on the verge of doing so, according to Forbes, citing a study by Yandex.Money. The survey, which was also a product
The post Moscow Residents are Slowly Warming to Crypto Payments: Study appeared first on CCN -
European Central Bank Exec: Bitcoin is the “Evil Spawn of the Financial Crisis”
via newsbtc.comYet another prominent member of the established financial industry has expressed scepticism about Bitcoin. This time it is European Central Bank executive, Benoit Cœuré.
Cœuré: Bitcoin Is a Clever Idea, Just Not a Good One
Bitcoin and the rest of the cryptocurrency space has not had a very pleasant 24-hours. With prices plummeting and speculation over whether the Bitcoin Cash split occurring today is the cause, now probably is not the best time to be bringing news -
Interview: Anthony Lusardi (ETC Cooperative) on the uniqueness of Ethereum Classic
In spite of adhering to the values of true non-interventionist decentralization, Ethereum Classic is an underdog. The battle of Turing-complete blockchains features more resourceful warriors who, despite choosing governance over immutability, seem to get more traction.
This happens, in part, due to the scaling debates and the constant need for decentralized applications to run smoothly. Being able to support millions of users who transact constantly is no small feat. However, Ethereum Classic ha -
Bitcoin Cash: ABC Futures Cross $300 in Hard Fork Aftermath
With bitcoin cash mining its first forked block, the futures prices of SV and ABC are fluctuating wildly. The BCHSV futures price jumped 10.7 percent against the US dollar, rising from $88.12 to $97.51 within just an hour — before sinking below $90 after the fork. Meanwhile, the BCHABC futures price rate saw a 9 percent
The post Bitcoin Cash: ABC Futures Cross $300 in Hard Fork Aftermath appeared first on CCN -
Circle’s USDC Stablecoin to Be Listed on Binance, Trading Begins Tomorrow
Goldman Sachs-backed startup Circle has announced that Binance will list its USDC stablecoin. Binance, one of the world’s largest cryptocurrency exchanges, has opened deposits for USDC. Beginning tomorrow, at 10 p.m. EST, trading for USDC/BTC and USDC/BNB pairs will be possible. The news of the addition of Circle’s USDC stablecoin comes at a time when […]
The post Circle’s USDC Stablecoin to Be Listed on Binance, Trading Begins Tomorrow appeared first on Coinjournal. -
How Low Can It Go? Bitcoin Settles Below $5,600 as Altcoins Continue to Drop
via newsbtc.comFollowing yesterday’s widespread and significant drop across the entire cryptocurrency markets, Bitcoin has settled below $5,600, the lowest price it has seen this year, and many altcoins have continued dropping.
At the time of writing, Bitcoin is trading down over 8% at its current price of $5,560, recovering slightly from its low point of $5,350, which as of now is BTC’s lowest price of the year. Bitcoin’s massive drop over the past couple of days has caused its market cap to -
Breaking: Bitcoin Cash Hard Forks — BCH Hash War Begins
Minutes ago, Bitcoin Cash activated a hard fork that splintered the fourth-largest cryptocurrency’s network into at least two competing versions, currently referred to by their primary software clients, Bitcoin ABC (BCHABC) and Bitcoin SV (BCHSV). The Bitcoin Cash network upgraded shortly after 18:00 UTC, when the BCHABC and BCHSV chains diverged at block 556767. Bitcoin.com
The post Breaking: Bitcoin Cash Hard Forks — BCH Hash War Begins appeared first on CCN -
IMMO Has Denied Rumors of Collaboration With the Rothschilds, and That Is Why We Are Now Surer Than Ever
via newsbtc.comAs reported by multiple media sources, an IMMO High1000 Evangelist, Gabriel Brack, has dispelled rumors about the involvement of the Rothschilds in creating the reserve cryptocurrency project – IMMO. Brack stated that the involvement of the Rothschild family in the creation of IMMO is purely speculative. Meaning that the intricate tangle of myths and theories, in which the media has confused IMMO, seems to have been unraveled. However, Gabriel Brack’s denial of communication with the -
Bitcoin Cash Just Split Into Two Blockchains
A contentious hard fork on the bitcoin cash blockchain has been activated. -
Bitcoin Cash Just Officially Split Into Two Competing Blockchains
A contentious hard fork on the bitcoin cash blockchain has been activated. -
How BANKEX is Driving a Digital Finance Transformation with Blockchain
This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. It might be hard for the younger generation to believe, but there was once a time when people were not able to buy online. However, Amazon once digitized
The post How BANKEX is Driving a Digital Finance Transformation with Blockchain appeared first on CCN -
This Bitcoin Skeptic Wants to Make ‘Stable’ Cryptos for Venezuela
Economist Steve Hanke has joined the board of advisors for the P2P cryptocurrency exchange AirTM and will guide its Latin American expansion, including a new system for price-stable assets he will design. -
BitMEX CEO Accurately Called $5,000 Bitcoin in August, Is $2,000 Next?
via newsbtc.comBitcoin has set a new low for 2018, and is now inching closer and closer to BitMEX CEO Arthur Hayes’ prediction that Bitcoin will reach $5,000.
BitMEX CEO Called for Bitcoin to Test $5K Support, Nails Prediction
Outspoken CEO and co-founder of popular margin-trading platform BitMEX has made a number of predictions about Bitcoin’s price since the leading cryptocurrency by market cap reached its all-time high of $20,000 last December.One of his most recent predictions, calling for Bitc -
Bitcoin Cash Hard Fork: How Did We Get Here?
As the actual hard fork of Bitcoin Cash approaches and users face the prospect of two versions of Bitcoin Cash, it’s important to remember what led Bitcoin Cash to this situation. As such, here is an albeit incomplete recap. The Block Size Debate Beginning around the middle of 2015, Bitcoin blocks started becoming full, and
The post Bitcoin Cash Hard Fork: How Did We Get Here? appeared first on CCN -
Without SWIFT, Iran turns to crypto
On November 5th, the United States put into effect the harshest round of sanctions on Iran to date, scaling back Tehran’s ability to do business with foreign entities significantly.
As a result of these sanctions, and mounting pressure from the U.S., Society for Worldwide Interbank Financial Telecommunication (SWIFT), the international payments facilitator, has cut off services to the country’s Central Bank. Though SWIFT is a Belgium-based company, some of its biggest clients are in -
ERC1538: Future Proofing Smart Contracts and Tokens
A new Ethereum Standard has been proposed. While I rarely cover still developing tech, ERC1538 is an interesting one worth bringing up. Smart contracts are the current and next big thing in cryptocurrencies. They could change the way we do business. They could eliminate countless middle men in supply chains. They could create entirely new […]
The post ERC1538: Future Proofing Smart Contracts and Tokens appeared first on Coinjournal. -
Coinbase-Backed ‘Gods Unchained’ Releases Gameplay Trailer
The makers of the ethereum-based fantasy card game released a new video, giving players a feel for what to expect. -
Police Arrest 8 Over Alleged $68 Million Crypto Pyramid Scheme in Japan
Police in Tokyo have arrested eight men alleged to have run a cryptocurrency pyramid scheme that amassed about $68.70 million. -
The Brexit Deal, a Tumbling Pound, and a Ceaseless Crypto Bloodbath
At long last after two-and-a-half years of negotiations in a painful process that can only be described as watching a slow-motion train wreck, a Brexit deal has been struck–a tentative one, at least. However, instead of cracking open the champagne, the pound has tumbled against the dollar, ministers are resigning left and right, and Theresa
The post The Brexit Deal, a Tumbling Pound, and a Ceaseless Crypto Bloodbath appeared first on CCN -
Ahead of Bitcoin Cash Fork, Mining Power Still Favors SV
Bitcoin cash's ongoing hash war remains lopsided, with mining pools supporting Bitcoin SV controlling nearly 75 percent of the current network. -
OKCoin is Expanding to Argentina
"¡Estamos Expandiéndonos a Latinoamérica!" says the company. -
Newsflash: Bitcoin Cash Price Careens Below $390 as Hard Fork Approaches
The bitcoin cash price crashed below the $400 level on Thursday, less than two hours before the fourth-largest cryptocurrency’s network is expected to splinter into competing versions following a contentious hard fork. The crypto market had already been battered over the previous 48 hours, with every major cryptocurrency posting losses in excess of 10 percent
The post Newsflash: Bitcoin Cash Price Careens Below $390 as Hard Fork Approaches appeared first on CCN -
Binance Exchange Will List the USDC Stablecoin This Week
Binance, one of the world’s largest cryptocurrency exchanges by trading volume, is adding support for stablecoin USDC. -
Binance Exchange Will List Circle’s USDC Stablecoin This Week
Binance, one of the world’s largest cryptocurrency exchanges by trading volume, is adding support for Circle-issued stablecoin USDC. -
Hydroelectric dam in Paraguay poses a dilemma for crypto-mining
With an abundance of energy provided by the mighty Itaipú dam in Paraguay; a dilemma arises. Should the country invest in the sprouting crypto-mining industry, or invest in tackling the country’s immediate poverty?Itaipú is a hydroelectric dam on the Paraná River which runs on the border between Brazil and Paraguay. The dam’s hydroelectric power plant produced the most energy of any in the world as of 2016, providing the country with an abundance of energy.People -
Japanese Pyramid Scheme Takes $68 Million in Bitcoin
Eight men have been arrested, of whom six have admitted to the crime. -
Bitcoin is the ‘Evil Spawn of the Financial Crisis’: European Central Bank Board Member
One of the Eurozone’s chief monetary economists heaped some backhanded praise at Bitcoin on Thursday, arguing that the flagship cryptocurrency was an “extremely clever idea” that suffers from “manifold problems.” Benoît Cœuré, who serves on the European Central Bank’s executive board, made this claim during remarks at the Economics of Payments IX conference, which is
The post Bitcoin is the ‘Evil Spawn of the Financial Crisis’: E -
Return of Rights and Interests to the Community: DragonEx Implements Community Democratic Voting
This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned
The post Return of Rights and Interests to the Community: DragonEx Implements Community Democratic Voting appeared first on CCN -
Tumultuous Crypto Market: Bitcoin Market Cap Finds YTD Low Under $100 Billion
via newsbtc.comAfter remaining stagnant at $6,400 for the better part of a season, Bitcoin (BTC) finally saw an awakening on Wednesday, as the now-1o-year-old crypto asset saw an influx of trading pressure. However, as many feared, this awakening, while powerful in its own right, wasn’t the one that many optimistic crypto investors were hoping for.
Instead of breaking above the well-cited $6,800 line of resistance, BTC fell, collapsing under $6,000, then $5,800, and finally at $5,700, where the asse -
Crypto Custodian BitGo Adds New Stablecoins in Bid to Woo Institutions
BitGo now supports over 100 assets, including new stablecoin offerings, as it works to offer a wide spectrum of services for institutional investors. -
Bitcoin Mining Firm Canaan Slashes IPO Target — and May Not Go Public Anytime Soon
Canaan, one of the world’s largest bitcoin mining firms, may be having second thoughts about its plan to go public in one of the cryptocurrency industry’s highest-grossing initial public offerings (IPO) to date. Chinese Bitcoin Mining Firm Delays IPO The Hangzhou-based Canaan had been one of at least three Chinese bitcoin mining firms planning to
The post Bitcoin Mining Firm Canaan Slashes IPO Target — and May Not Go Public Anytime Soon appeared first on CCN -
Creating a Comprehensive Digital Assets Ecosystem (DAE)
This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. The article is penned by Dane Keller Rutledge. October 24, 2018- A comprehensive digital assets ecosystem (DAE) can be created by combining a decentralized digital assets exchange with a secure … Continued
The post Creating a Comprehensive Digital Assets Ecosystem (DAE) appeared first on CCN -
PBoC: Cryptocurrencies Won’t Disrupt the Traditional Money System
China’s central bank has yet again reiterated that it is not impressed with cryptocurrencies. -
XRP Eclipses Ethereum, What is Next For The Major Cryptocurrencies?
via newsbtc.comIn what has been one of the largest single purges of the cryptocurrency markets this year, Ripple’s XRP token has surpassed Ethereum in terms of market capitalization.
The Bottom Just Fell Out Of The Bottom
Just when we thought that things couldn’t get much worst and the bottom was in, the bottom fell out and markets nosedived again. Over the past 24 hours crypto markets have dumped almost $30 billion as they fell from around $210 billion to a 2018 low of $180 billion. The dust has s -
Malaysian Banking Group CIMB Taps Ripple for Blockchain Remittances
Malaysian banking group CIMB has joined Ripple’s blockchain-based payments network, RippleNet, seeking faster cross-border payments. -
Crypto Crash Impacts Large Financial Firms as SBI Shares Decline
On November 15, the crypto market experienced a wipeout of more than $27 billion, as its valuation dropped from $210 billion to $183 billion. As CCN reported, the intensity of the drop reached to a point in which Bitcoin dropped by more than 11 percent, after having defended the $6,000 support level for nearly six … Continued
The post Crypto Crash Impacts Large Financial Firms as SBI Shares Decline appeared first on CCN -
Craig Wright, Defender of Satoshi’s Vision, on Social Media Warpath
The Australian programmer is threatening those who don't support his new version of Bitcoin. -
Coinshares Exec: Bitcoin in Financial Crisis, Altcoins in Liquidity Crisis
via newsbtc.comThe jaws of crypto investors fell to the floor on Wednesday, as cryptocurrencies, such as Bitcoin, Ether, and XRP, plummeted to establish new year-to-date lows. Although some cynics feared this rapid bout of capitulation for months, for many investors, this strong sell-side pressure, which saw BTC fall under $5,800, came straight out of left field.
To bring clarity to the precarious market conditions, CNBC Fast Money rebooted its crypto segment, which was on a multi-week hiatus, to subseque
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