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  • Bitcoin News - 22 January 2019, 9:50 am

    A South Korean crypto exchange mistakenly sent its customers BTC and other cryptocurrencies due to an error during an airdrop. Some users immediately sold the coins, causing the prices of a number of cryptocurrencies on the exchange to sharply fall. The exchange said, however, that the majority of customers have agreed to return the assets. […] The post Airdrop Causes Exchange to Accidentally Send BTC to Customers appeared first on Bitcoin News.Read More

  • Cointelegraph.com News - 22 January 2019, 8:51 am

    Japanese e-commerce giant Rakuten will control its crypto exchange and prepaid card service through a new setup called Rakuten Payment. Japanese e-commerce firm Rakuten has announced a revision to its corporate restructure, setting up a new payments subsidiary that includes its cryptocurrency business, Cointelegraph Japan reported Jan. 21.Rakuten, known informally as ‘Japan’s Amazon,’ originally revealed in August last year it would seek to reorganize its various offshoots in order to improve accountability and decision-making processes.Now, the company says it will rebrand its loyalty subsidiary, Spotlight Inc., to a new entity, Rakuten Payment, which will also run its cryptocurrency exchange.Rakuten Payment, along with other details of the restructure, should go live by April 1, the company stated in an accompanying press release Jan. 18.Once launched, it will form an umbrella for two operations: cryptocurrency exchange Everybody’s Bitcoin, which Rakuten also acquired last August, and prepaid card service Rakuten Edy.Officials explained in the press release:“[W]e have been preparing the Group Reorganization through a company split, to clarify accountability, improve management efficiencies and optimize allocation of resources, and thereby further grow and expand the Rakuten Ecosystem and maximize corporate value.”Rakuten has been interested in the cryptosphere for several years, first opting to accept Bitcoin (BTC) on its platform in 2015.The hands-on approach to the industry mirrors that of other major Japanese internet entities such as SBI Group, which in addition to its own exchange also invests heavily in related startups.Read More

  • Bitcoin News - 22 January 2019, 7:48 am

    Buying bitcoin is not a revolutionary act. Nor should it be. And yet the way statists, apparatchiks and politicians bang on, you’d think the mere act of acquiring digital currency was akin to receiving the keys to a pandora’s box in which lurks every illicit artifact known to man. One day, these dinosaurs will begrudgingly concede […] The post How to Buy Bitcoin Anonymously appeared first on Bitcoin News.Read More

  • Bitcoin News - 22 January 2019, 3:00 am

    Have you ever thought about creating a cryptocurrency giveaway during a hosted event? Now you can create your own crypto-based sweepstakes with Bitcoin.com’s event paper wallet generator. With Bitcoin.com’s Golden Ticket program and open source code, the software allows anyone to develop fantastic tickets funded with bitcoin cash (BCH). Also Read: Peer-to-Peer Trading Platform Bitquick Implements […] The post Host a BCH Giveaway With Bitcoin.com’s Golden Ticket Software appeared first on Bitcoin News.Read More

  • Cointelegraph.com News - 22 January 2019, 1:07 am

    On-chain transactions of Ethereum hit an all-time high in December 2018, according to a report by crypto analytics firm Diar. The on-chain transaction value of Ethereum (ETH) hit an all time high in December 2018, crypto analytics firm Diar reports on Jan. 21.On-chain transaction levels of the third largest cryptocurrency reached 115 million in December 2018, an all-time high excluding the activity following a hard fork caused by the DAO hack in 2016. Dair stated, “In terms of transaction count on-chain the ‘super computer’ has found stability since October bobbing between 16–17 million monthly transactions.”On-Chain Ethereum transaction Volumes. Source: DiarConversely, the United States dollar value of the on-chain transactions is at a 22-month low. U.S. dollar value on-chain last year was $815 million, down from $1.1 billion in 2017. Diar further states:“A 97 percent drop in on chain transaction value from peak in January versus December 2018 was by and large the cause of an 80 percent drop in Ethereum’s price.”U.S. dollar value of on-chain transactions. Source: DiarDiar states that fees are unlikely to interfere with growth as Ethereum has some of the lowest fees for on-chain transactions.The Constantinople hard fork in the Ethereum Network was recently delayed after the discovery of a security vulnerability allowing a reentrancy attack.According to ChainSecurity, the smart contract audit firm that discovered the attack, the Constantinople upgrade introduces cheaper gas cost (transaction fees) for some operations on the Ethereum network.An unexpected side effect allegedly enables reentrancy attacks via the use of certain commands in…Read More

  • Bitcoin News - 22 January 2019, 1:05 am

    Last year, Sindri Stefansson was arrested for his part in what has been described as the biggest heist Iceland has seen – over $2 million worth of Bitcoin mining equipment stolen in an operation that left police baffled. He has now been jailed for four and a half years along with his team of thieves.  […] The post Mastermind Who Planned Iceland’s Biggest Bitcoin Heist Jailed for 4.5 Years appeared first on Bitcoin News.Read More

  • Cointelegraph.com News - 21 January 2019, 11:51 pm

    The port authority of one of Europe’s busiest ports has reportedly signed an agreement under which it will collaborate with IBM on a blockchain-based shipping platform. The Port Authority of the Bay of Algeciras (APBA) has signed an agreement under which it will collaborate with IBM on its shipping platform Tradelens, Europa News reported on Jan. 21. Tradelens is a digital platform based on blockchain technology developed by both IBM and international shipping giant Maersk.Algeciras is one of the top 10 busiest ports in Europe, hosting over 70 million tons of cargo traffic annually. In 2017, the port had a container throughput of 4.3 million containers.According to an APBA note seen by Europa News, the platform will allow APBA to more securely and efficiently exchange information and documentation between partners within a supply chain. Per the note, the platform will generate value for shippers, freight forwarders, logistics operators and shipping companies.Europa Press states that by the end of 2018, the solution onboarded more than 100 organizations and 20 port operators. Tradelens has reportedly registered 230 million shipments and processed more than 20 million containers.Leading port operators have been increasingly implementing blockchain technology to streamline their operations. In October 2018, the  Port of Rotterdam in the Netherlands partnered with major Dutch bank ABN AMRO and the IT subsidiary of Samsung to test blockchain for shipping.In June 2018, a subsidiary of Abu Dhabi Ports became the first entity in the country to deploy its own blockchain solution. The subsidiary, Maqta Gateway LLC,…Read More

  • Cointelegraph.com News - 21 January 2019, 11:37 pm

    Statements from several industry insiders suggest that cryptocurrencies are undervalued, and a reversal should soon be on the cards. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.The market data is provided by the HitBTC exchange.Marcus Hughes, the United Kingdom lead counsel for major United States crypto exchange and wallet provider Coinbase, expects huge developments for Bitcoin (BTC) in the next two years.Hughes is confident about the European Union coming up with a more defined regulatory framework for crypto in 2019. After the regulations are in place, Hughes anticipates large investment banks to finally enter the scene.U.K.-based investor and entrepreneur Alistair Milne is confident that Bitcoin will break out of its lifetime high and sustain above it. He has based his opinion on the anticipated increase of the level of adoption of the leading cryptocurrency. Milne is certain that Bitcoin will survive for another 100 years.Similar to how prices tend to overshoot to the upside during a bull market, they also usually overshoot to the downside. Changpeng Zhao, the CEO of Binance, believes that a lot of development has taken place in the crypto space, implying that cryptocurrencies are currently undervalued.So should the traders start buying? Let’s find out.  BTC/USDBitcoin (BTC) has been trading below the moving averages since Jan. 10. Attempts by the bulls to push the price higher have…Read More

  • Cointelegraph.com News - 21 January 2019, 11:12 pm

    Digital securities platform Securitize has joined the IBM Blockchain Accelerator program, aiming to address debt issuance using blockchain technology. Compliance platform for digital securities Securitize has joined the IBM Blockchain Accelerator program, Forbes reports on Jan. 21.According to Forbes, Securitize CEO Carlos Domingo said that the firm’s goal is to build a debt issuance platform using blockchain technology. Domingo said:“…we hope to modernize the $82 trillion dollar corporate debt market — which is currently riddled with inefficiencies and high fees — with blockchain technology.”The accelerator will purportedly last three months and will conclude with a presentation and demonstration of Securitize’s platform. The program includes a blockchain architecture workshop and consultations with IBM and external mentors. Domingo also stated that the firm plans to integrate Hyperledger in order to design products and issue debt on a blockchain.In November 2018, IBM and Columbia University announced two blockchain accelerator programs that aim to help startups in the crypto space. The programs form the Columbia-IBM Center for Blockchain and Data Transparency, a joint innovation center that was established by the tech giant and the ivy league school in the summer of 2018.Blockchain technology has been previously suggested as a means by which financial organizations could combat “bad debt.” In his 2016 book Blockchain Revolution, Alex Tapscott observed that loan fraud is one of the leading causes of “bad debt.”Tapscott suggested that in a future where all borrowers store their personal ID’s in a decentralized database, loan fraud will become a thing of past.Read More

  • Bitcoin News - 21 January 2019, 11:00 pm

    Switzerland’s Falcon Private Bank has introduced a cryptocurrency wallet as well as support for direct transfers of BTC, BCH, ETH and LTC for private and institutional investors. The bank said investors can now directly transfer cryptocurrencies to and from its own “segregated Falcon wallets.” They can also convert their digital coins into cash. Also read: Chile to […] The post Falcon Private Bank Launches Crypto Wallet With Support for Direct BTC and BCH Transfers appeared first on Bitcoin News.Read More

  • Cointelegraph.com News - 21 January 2019, 10:28 pm

    Senior adviser to Bank of England Governor Mark Carney said that cryptocurrencies are slow, lack value and fail basic financial tests. Huw van Steenis, senior adviser to Bank of England’s (BOE) Governor Mark Carney, told Bloomberg in an interview Monday, Jan. 21, that cryptocurrencies fail fundamental financial tests.Van Steenis joined BOE in 2018, having previously worked at Schroders and Morgan Stanley. He is currently heading a review of the future of finance, according to Bloomberg. When asked about crypto’s potential to become a threat to economic stability, van Steenis said:“I’m not so worried about cryptocurrencies. They fail the basic tests of financial services. They’re not a great unit of exchange, they don’t hold value, and they’re slower.”Van Steenis noted that registering new entrants into the banking system, especially technology firms, is one of the major challenges for BOE.He also stressed that traditional banks are slow when it comes to adopting new technologies. “What I love when meeting with fintechs is their obsession with customers. The challenge is will they get customers before the traditional banks can innovate,” he concluded.In March, the Treasury of the United Kingdom launched the Cryptoassets Taskforce, which is comprised of the Financial Conduct Authority and BOE, in order to develop a relevant legal framework for cryptocurrencies.U.K. Finance Minister Philip Hammond said in a statement that the new crypto task force will work on creating industry standards for facilitating fintech and bank collaborations, as well as supporting innovation throughout the fintech industry.In October, the taskforce released a…Read More

  • Cointelegraph.com News - 21 January 2019, 8:35 pm

    Blockchain.com is looking to partner with an undisclosed stablecoin project by the end of 2019, the firm’s CEO reportedly reveals. Crypto wallet provider Blockchain.com is seeking to partner with an unnamed stablecoin project by the end of 2019, the firm’s CEO Peter Smith revealed in an interview with crypto news agency The Block Jan. 21.Blockchain.com, which reportedly provides 32 million wallets, with most of them active to date, is allegedly considering listing a stablecoin on its platform.In the interview, the CEO of Blockchain.com stressed that the existing high competition in stablecoins will eventually make the market even more active than it is now. Smith reportedly stated that the firm “will make a move in there soon,” claiming that Blockchain.com is “not here to just make it easy to invest in Bitcoin (BTC).”Smith explained his positive stance on stablecoins, suggesting that the biggest cryptocurrencies have become more of an investment vehicle rather than tool for making transactions. He continued:“For us, stablecoins give us the power of giving everyone a U.S. dollar checking account. […] There’s no challenger bank with 30 million bank accounts. At the same time as we do that, we’ll be doing it in a way that allows them to still control their funds, to still be financially sovereign individuals.”While Smith has not specified any exact details about the planned partnership, he noted that Blockchain.com previously invested in a number of still undisclosed stablecoin projects. He also mentioned major stablecoins including Tether (USDT) and Paxos (PAX), stressing that the…Read More

  • Cointelegraph.com News - 21 January 2019, 8:16 pm

    An executive at ConsenSys stated that the firm did not lay off more than 10 percent of staff amid a more competitive market. Recent layoffs at blockchain software technology company ConsenSys did not exceed 10 percent of staff. The company’s Executive Director of Enterprise and Social Impact Vanessa Grellet spoke to Cointelegraph about the recent developments at the Crypto Finance Conference in Switzerland on Jan. 18.Grellet said that the staff cuts were a “natural movement” and mainly affected support staff, while developers and technical employees were largely unaffected. She said:“I’ve been at the company for two years and a half. When I joined it, we were 60, and we grew to a company that has 1,200 employees all over the world. The way we hired people was related to where the opportunities were, projects etc., and we grew a little bit fast.”Grellet also said that dismissals can be treated as part of the “natural evolution” of ConsenSys, as the crypto space matures and “not related to any price change.” She compared recent layoffs to similar processes in big financial companies she worked for, stating that they restructured every two years as the companies grew.Discussing her previous working experience at the New York Stock Exchange (NYSE), Grellet said that traditional markets and the crypto industry are each on a “very different level of maturity.”When asked about signs of crisis in blockchain industry and criticism of ConsenSys not being able to deliver on its promises, Grellet said that she still sees huge…Read More

  • Bitcoin News - 21 January 2019, 7:48 pm

    An idea to allow companies from certain sectors and in some regions to use cryptocurrencies is gaining traction in Russia. The proposal has been included in a draft law prepared by the Economy Ministry, a high-ranking parliamentarian has voiced his support, and big business is discussing its implementation. Also read: No Reason to ‘Bury’ Cryptocurrencies, […] The post Russian Institutions Back Proposal to Let Companies Use Cryptocurrency appeared first on Bitcoin News.Read More

  • Cointelegraph.com News - 21 January 2019, 7:43 pm

    Decentralized AI company SingularityNET and blockchain-powered agricultural data firm Hara announce a partnership to improve farming in Indonesia. Decentralized Artificial Intelligence (AI) firm SingularityNET has announced a partnership with agriculture-focused blockchain startup Hara at the World Web Forum, according to a press release shared with Cointelegraph Jan. 21.Hara’s objective is reportedly to use blockchain to provide Indonesian farmers with useful data like grain price, soil quality and land ownership details. The newly announced partnership between the two firms aims to use this data to offer AI-powered crop diagnosis and data analytics to the ecosystem, according to the press release.As the press release notes, a main goal of the partnership for the firms is to expand access to information on crop diseases with the goal of making diagnosis more automated.SingularityNET gained attention globally as the technology in part behind a humanoid robot named Sophia, developed by Hanson Robotics. The robotics firm’s chief scientist, Ben Goertzel, is also SingularityNET’s founder and CEO.As Cointelegraph reported in December 2017, SingularityNET received five times the amount of demand expected for their token sale, reportedly postponing the sale and later raising $36 million in one minute.Last year saw a number of blockchain applications in food and farming, many of which focused on increasing the transparency and efficiency of supply chains. In October, the world’s four largest agriculture companies, commonly known as ABCD, announced a partnership to digitize international grain trading by using blockchain and AI.In December, Medici Ventures, the blockchain venture arm of Overstock.com, purchased $2.5…Read More

  • Cointelegraph.com News - 21 January 2019, 6:17 pm

    An MIT professor of engineering claimed that blockchain can allow for a borderless economy if implemented in a decentralized, secure and scalable way. Blockchain can allow for the creation of a borderless economy, Massachusetts Institute of Technology (MIT) professor Silvio Micali claimed in a interview on Bloomberg’s Daybreak Asia, Jan. 21.Speaking on the show, Micali outlined three major properties of blockchain systems that must function simultaneously to enable a more inclusive and borderless economy — security, decentralization and scalability. According to MIT’s Ford Professor of Engineering, until recently, only two of those three basic properties could have been achieved simultaneously at any time.When asked about scalability in particular, Micali stressed that a decentralized system really needs superior technology to provide the same level of participation and confidence that is enjoyed by centralized systems.When asked about security breaches in blockchain systems, Micali stated that centralized systems are far more vulnerable to hacking attempts, pointing to the frequency of security and privacy breaches that repeatedly take place among centralized institution of various sorts.The professor expressed optimism about blockchain in terms of security, noting the level of security built into the concept of a trustless system:“Only a true decentralized system, where the power is really so spread that is going to be essentially practically impossible to attack them all and when you don’t need to trust this or that particular node, is going to bring actually the security we really need and deserve.”Recently, a group of major United States universities, including MIT, Stanford…Read More

  • Bitcoin News - 21 January 2019, 5:45 pm

    Over-the-counter marketplace Bitquick has announced the company is now supporting multiple cryptocurrencies and has officially added bitcoin cash (BCH) to the platform. Now cryptocurrency users can purchase BCH in as little three hours as traders buy and sell coins in a peer-to-peer fashion. Also Read: Regulations Have Ruined the Physical Bitcoin Industry Bitquick Exchange Adds BCH […] The post Peer-to-Peer Trading Platform Bitquick Implements Bitcoin Cash Support appeared first on Bitcoin News.Read More

  • Cointelegraph.com News - 21 January 2019, 5:40 pm

    Reportedly the world’s largest volunteer service platform, Zhiyuan Hui, has announced its partnership with crypto startup EveriToken. Chinese non-profit Zhiyuan Hui — reportedly the world’s largest volunteer service platform — has announced its partnership with token economy infrastructure firm EveriToken. The news was announced Jan. 12 in an official EveriToken blog post.As of December 2018, Zhiyuan Hui reportedly serves over 430,000 non-profits, and its 71 million users are reported to have worked over 100 million service hours via its platform. According to the blog post, the United Nations-issued China Volunteer Service Economic Value Measurement Report has valued the platform at over $500 million.In order to manage this astonishing volume of users and service hours, Zhiyuan Hui has reportedly decided to build a transparent volunteer tracking platform on the EveriToken public blockchain.Via the new system, governments, enterprises and non-profits will be able to award an estimated almost one million volunteers per day with “Yi Coin” points in exchange for their volunteer activity and service hours.Volunteer data will be recorded on-chain onto what EveriToken terms an “open public welfare ledger.” The blog post continues to outline that:“[T]he everiToken-based system provides audit trails for various stakeholders with access rights, including governments and funders, eliminating the possibility of fraud for the various poverty alleviation projects and government foundation subsidy programs managed by Zhiyuan Hui.”Yi Coins can reportedly already be used to buy basic goods — such as food, electronics and hygiene products — from almost 100 unmanned retail locations, using EveriToken’s micropayments solution.At press…Read More

  • Cointelegraph.com News - 21 January 2019, 4:31 pm

    Swiss Falcon Private Bank has introduced direct transfers of crypto and crypto-fiat withdrawals. Switzerland-based Falcon Private Bank has introduced support for direct transfers and storage of select cryptocurrencies, according to an official press release published on Jan. 21.The bank announced that both private and institutional investors can now directly transfer a selection of major cryptocurrencies to and from the institution’s own “segregated Falcon wallets,” as well as convert crypto into fiat money.To start, Falcon reportedly only supports four major cryptocurrencies, Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), and Litecoin (LTC), the press release notes.With the recent move, Falcon claims its has made blockchain assets “fully bankable,” with the select cryptos being included in the bank’s portfolio statements, as well as in tax reporting documents.In the press release, the private bank also mentions its “proprietary custody solution” that it claims to provide secure storage of digital assets. Falcon’s custodial service has been audited and examined by third-party providers, the company stated. The bank also states that its crypto service is compliant with local Anti-Money Laundering and Know Your Customer regulations.Falcon Private Bank was first authorized to manage blockchain-based assets in July 2017, following approval from the Swiss Financial Supervisory Authority (FINMA).Recently, major Swiss private investment bank Vontobel launched a crypto custodial service targeting banking institutions and asset managers.In late December, FINMA published guidelines for their fintech license, with blockchain assets-related companies reportedly set to begin applying for the license starting from 2019.Read More

  • Cointelegraph.com News - 21 January 2019, 3:45 pm

    According to research conducted by the Bank for International Settlements, Bitcoin’s problems are only solvable by departing from proof-of-work. Bitcoin’s (BTC) problems are only solvable by departing from a proof-of-work (PoW) system, according to research published by the Bank for International Settlement (BIS) on Jan. 21.According to the paper, when in the future Bitcoin’s block rewards fall to zero — given that only a limited number of new Bitcoin will ever be created — transaction fees alone will not be able to sustain mining expenses. The argument implies that the Bitcoin network would become so slow that it would be virtually unusable, stating:“Simple calculations suggest that once block rewards are zero, it could take months before a Bitcoin payment is final, unless new technologies are deployed to speed up payment finality.”The study further notes that while second-layer solutions like the Lightning Network could help, “the only fundamental remedy would be to depart from proof-of-work.” Such a departure, according to the report, would “probably require some form of social coordination or institutionalisation.”The document’s overall conclusion is that, according to the researchers, “in the digital age too, good money is likely to remain a social construct rather than a purely technological one.”The Switzerland-based BIS is an organization consisting of 60 central banks, which reportedly account for 95 percent of global GDP.As Cointelegraph recently reported, another BIS report published on Jan. 8 found that seventy percent of central banks worldwide are conducting research into central bank digital currency issuance.Another report published by the…Read More

  • Bitcoin News - 21 January 2019, 3:40 pm

    During the first two weeks of 2019, initial coin offerings (ICOs) raised roughly $90 million, according to data published by Icobench. Of the total funds raised this year so far, $80.2 million can be attributed to the Chelle Coin ICO. Also Read: How US Government Shutdown Affects Bitcoin ETF Approval Slow Start to 2019 for Initial […] The post ICOs Produce Slow Start to 2019 appeared first on Bitcoin News.Read More

  • Cointelegraph.com News - 21 January 2019, 1:40 pm

    Crypto hardware wallet developer Tangem says newly raised funds will go towards increasing penetration in industries such as transport and loyalty. Switzerland-based Cryptocurrency ‘smart card’ wallet manufacturer Tangem has secured $15 million in funding from Japanese finance giant SBI Group, the company confirmed in a press release Jan. 21.Tangem, which began issuing its first wallets in June 2018, aims to increase cryptocurrency adoption by making assets spendable in a manner similar to conventional smart cards often used in transport and loyalty settings.Ticketing and loyalty will now form two of the target industries Tangem hopes to leverage to spread crypto smart cards, according to Tangem’s press release. The company also said it is eyeing initial coin offering (ICO) token distribution, identity and anti-counterfeiting.“With this additional investment in 2019, we will be able to extend our product offering in other industries and provide better support to companies which embrace the idea of physical distribution of blockchain assets,” co-founder Andrey Kurennykh commented in the press release.While Tangem is a relatively nascent project, the investment marks just another outlet for SBI in the cryptocurrency sphere.As Cointelegraph reported, the company is currently deeply involved with expanding its presence in various aspects of the industry, from opening its own exchange in Japan to working with banks on blockchain tools.SBI’s dedicated crypto subsidiary, SBI Crypto Investment, the same entity behind the Tangem funding, last week announced it was funnelling an undisclosed amount into another Swiss wallet startup, Breadwinner AG.Read More

  • Bitcoin News - 21 January 2019, 1:08 pm

    In today’s edition of The Daily, we cover a reflection on the passing year by the cryptocurrency mining technology giant Bitmain, a mobile app released by social network Memo and new turnover figures from a Bitcoin ATM network in Australia. Also Read: South Africa Wants to Mandate Registration of Crypto Services Bitmain Reflects on 2018 […] The post The Daily: Bitmain Reflects on 2018, Memo Releases Mobile App appeared first on Bitcoin News.Read More

  • Cointelegraph.com News - 21 January 2019, 1:07 pm

    Despite a significant uptick in the creation of decentralized crypto exchanges in 2018, their centralized counterparts continue to control the vast majority of industry trade volumes. Despite a significant uptick in the creation of decentralized crypto exchanges (DEX) in 2018, their centralized counterparts continue to control the lion’s share of global industry trade volumes. The finding was reported in the 2018 Cryptocurrency Exchange Annual Report from crypto and blockchain research organization TokenInsight, shared with Cointelegraph Jan. 21.TokenInsight’s report, which has reportedly analyzed data from over 400 global crypto exchanges, indicates that DEX account for just 19 percent of the global exchange ecosystem. Further, the trading volumes on DEX amount to less than 1 percent of those on centralized exchanges.Global crypto exchange ecosystem analysis from TokenInsightThe low figures come despite TokenInsight’s analysis that DEX platforms gained significant industry traction in 2018. According to the report, the growth was due to developments in decentralized trading protocols and infrastructure, as well as what the report characterizes as the explosive growth of the decentralized applications (DApps) trading market.The report underscores that whereas centralized platforms “are challenged by problems of opaque trading rules, intransparent fund storage and security,” DEX offer “deal-matching and asset liquidation realized through smart contracts,” and allow users’ funds to remain under their own control.In light of a number of high-profile centralized exchange hacks last year, the report argues that the industry is also increasingly recognizing the security benefits of the DEX model.While the year-long figures clearly demonstrate low DEX adoption rates…Read More

  • Bitcoin News - 21 January 2019, 11:10 am

    Ukraine’s crypto business sector has decided to address the deficit of developers in the field. Several companies, the industry’s association and an educational organization have teamed up to organize a professional course that will teach students how to create solutions utilizing crypto technologies. Also read: No Reason to ‘Bury’ Cryptocurrencies, Russian PM Medvedev Says Win-Win […] The post ‘Satoshi Way’ Course to Prepare Crypto Developers in Ukraine appeared first on Bitcoin News.Read More

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