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Japan’s LinkedIn Rival ‘Recruit’ Invests into BEAM Privacy Coin from Its $25 Million Blockchain Fund

A Japanese company called Recruit, which is known as the local equivalent of LinkedIn, Booking.com, Yelp, Zillow and others into a single app has announced that it has invested in cryptos. The company has invested in Beam Development Limited, the company that created the BEAM tokens. We are happy to reveal that Japanese public group, Recruit Co. LTD has invested in Beam prior Mainnet. This investment helps Beam fulfill its mission in Japan too when it comes to deploying a compliant, scalable, and confidential cryptocurrency. https://t.co/suw6uaibVt @_tanayuk — @Beamprivacy (@beamprivacy) February 18, 2019 Beam Privacy Coin has revealed that the Japanese group invested in the company before they released their mainnet and that this will the company to deploy its product on Japan more easily. According to the official information released by the companies, the investment was made at the beginning of January and it was made through a Recruit’s venture fund that is only focused on investing in the blockchain technology. The value of the investment was $25 million USD. This fund is known as RSP Blockchain Tech Fund Pte. Ltd. It is designed to deploy capital to startups that are focused on this emerging tech. The company is now interested in non-equity funds and it is already planning to organize a token sale agreement that will help with the growth of the industry. Recruit decided to invest in the blockchain technology because the company decided that confidential transactions were a key element that could private companies more interested in using the blockchain, which would help with the growth of the industry as well as to benefit the company for investing in this tech. The reports affirm that Recruit saw the revolutionary aspect of cryptos and decided to facilitate innovation while preserving the confidentiality of the transactions. However, the company is certain that this kind of technology will have to be regulated in order to achieve the best results so that no abuse is made using the technology. Recruit has made at least four more blockchain investments recently, including companies like ShoCard, bitFlyer, Veem, and Shift. About BEAM BEAM is the new token created by the Beam Development Limited team. The token is a privacy coin just like Monero (XRM). It uses the MimbleWimble protocol, which is used to cloak the transactions and mix them in a way that nobody will ever be able to determine who is making the individual transactions. Because of the efficiency of the protocol, BEAM tokens made quite a significant splash when its mainnet was launched last month. BEAM has a market cap of $7.2 million USD and it is currently down 4% in the last 24 hours. Its current price is $1.17 USD. Bitcoin (BTC), Ethereum (ETH), XRP (Ripple), and BCH Price Analysis Watch (Feb 18th)
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Litecoin Price Supported by News on Private Transactions

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex The Litecoin reached its high since Nov 14 2018 through the heavy rise last week. Currently, the crypto is trading at around $43. On H4, the price made an upmove after a long downtrend and then a convergence. The coin approached 76% Fibo, while the uptrend stopped near the upper channel boundary, which means a reversal may be near. The new short term move may still make a new high reaching 76% Fibo, or $48.12. The support is meanwhile at $35.27. On H1, the latest uptrend ended with a divergence, and the crypto is now correcting, falling to 50% and 61.80% Fibo, or $39.41 and $37.62, respectively. The overall trend is still ascending, and the Stochastic is moving to the oversold territory, which means a new uptrend and new highs are ahead. In the most in-demand crypto rating, the LTC rose to the 4th place, and, fundamentally, this may be very easily explained. The Litecoin partnered with MimbleWimble, which may drastically increase the privacy level in the network. The thing is that Litecoin Foundation starts working with Beam devs in order to implement MimbleWimble protocol, which will allow them to increase the security and privacy level. The LTC and MimbleWimble transactions are now being tested, and once the token conversion process is fully functional, it will also become available for the regular LTC users. This will make all transactions 100% private and secure. The devs are ready to share all the info regarding this project. Later, more cryptos may well go this way, too. Disclaimer Any predictions contained herein are based on the authors’ particular opinion. This analysis shall not be treated as trading advice. RoboForex shall not be held liable for the results of the trades arising from relying upon trading recommendations and reviews contained herein. Image(s): Shutterstock.com The post Litecoin Price Supported by News on Private Transactions appeared first on NullTX.
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Aspiring Crypto Exchange Beaxy Adds New Altcoin Trading Pairs in Second Round of Listings

New platform Beaxy has been vocal about their aspirations for the cryptocurrency industry, stating that they want the title of “best spot cryptocurrency exchange on the market.” To make this a realistic possibility, the platform recently had its first announcement of listings that will become active when the platform launches. In a report from Sludgefeed, the exchange’s official Twitter account posted a second round of altcoin listings to come. The post was simple, stating, “Beaxy is excited to begin the announcement of second round listings with Stratis! $STRAT @stratisplatform pic.twitter.com/CTgwYx6uQC.” The new altcoins for this second round include: Komodo (KMD) Stratis (STRAT) Holochain (HOT) Syscoin (SYS) Ren Protocol (REN) Digibyte (DGB) Ravencoin (RVN) Beam (BEAM) Sludgefeed recently reported on the first 25 coins that will be added as listed pairs on the platform almost two weeks ago. The first round of listings included well-known crypto assets in the industry, like Bitcoin (BTC), Ethereum (ETH), NEO (NEO), XRP (XRP) and EOS (EOS). The whitelisting for the upcoming token sale was listed on Paperstreet by Beaxy. This website is a compliance infrastructure platform, which often hosts coin offerings for crypto investors while hosting investor syndication services as well. The token sale is not scheduled until Monday, February 11th, though it is the best chance to get in at the bottom price level for BXY tokens before they are available for trading. Anyone that wants to pre-register for Beaxy can visit https://beaxy.com/Registration?code=Y2CTAGM4CJ. Bitcoin (BTC), Ethereum (ETH), XRP (Ripple), and EOS Price Analysis Watch (Feb 7th)
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Litecoin’s Charlie Lee Confirms Talks With Privacy Coin Beam In Order To Use MimbleWimble

Just a few days ago Charlie Lee, the creator of Litecoin, affirmed that he was very interested in the MimbleWimble protocol. The protocol, which used by companies like Beam, is used to hide transactions in order to turn your token into a privacy coin. This could be a game-changer for LTC, so the community was hyped when he announced the possibility. Now, Lee has used Twitter to confirm that the Litecoin team has been talking with Beam about MimbleWimble and the idea to use it on Litecoin. This signalizes an effort to put scalability aside for now and to pursue privacy instead. While the company has affirmed that talks are happening, this is far from a confirmation that LTC will use the privacy technology. Also, it will not use it in same way as Beam, which implemented Switch and ElGamal commitments, while LTC is thinking about using a bulletproof version of MimbleWimble with extension blocks. Charlie Lee is not an enthusiast of how Switch Commitments with ElGamal work, so he is opting for a different way instead of this one. The idea of using the protocol was very well-received among the community, which has been interested in privacy for a long time now. If the idea actually turns into reality, there is a pretty good chance that Litecoin will start to be a more valuable asset on the market. About The MimbleWimble Protocol According to the reports, MimbleWimble, whose name is based on Harry Potter, allows the user of the token to encrypt data made about all transactions on the network, which is mostly done by blinding factors. The technology also uses CoinJoin, which is a kind of a mechanism that was specifically devised in order to combine several payments into one, which hides the transactions even more. In fact, Beam, which uses MimbleWimble, promises to be even more private and secure than popular options like Zcash and Monero, the two most high-profile privacy coins in the market now. According to its creator, it is the best storage of value in the market now. The CEO considers “sovereignty of one’s own information” to be a “basic human right”, which is why he created the token. Team has been chatting with the @vcorem and @beamprivacy team about MimbleWimble on Litecoin with Extension Blks. Pleasantly surprised that Beam has already implemented switch-commitments w/ ElGamal. It's a safety switch to protect against quantum computing breaking CT soundness. — Charlie Lee [LTC] (@SatoshiLite) February 6, 2019
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“Grin is intended to be medium-of-exchange, and Beam is intended to be for store-of-value”, says Mastering Bitcoin author

During the recent Q&A session, Andreas Antonopoulos, the author of Mastering Bitcoin, elucidated on the difference between Grin and Beam, the two cryptocurrencies that are based on the same protocol – MimbleWimble. The protocol enables the coins to make transactions without disclosing information of the amount and addresses involved in the transaction. According to the author, MimbleWimble makes space for the optimization of privacy and scaling at the same time. The protocol was introduced in 2016 by an anonymous contributor who goes by the French name of Lord Voldemort, Tom Elvis Jedusor. He said: “Immediately, an effort was made to implement this. The first effort, which started two years ago, is an open-source community project called Grin. It is primarily research focused to bring MimbleWimble to life by creating an implementation.” This was followed by Andreas stating that Grin is an open-source project and that it is crowdfunded. Additionally, the coin was not pre-mined and there was initial coin offering [ICO] and a financial model that would support the development of the project, apart from the volunteers of the cryptocurrency community. Whereas, Beam was introduced a year later with a completely different mode. The author stated that there was a foundation behind Beam and the project also has a pay-out to the Treasury. Andreas further stated that this project attracted investments from Venture Capital firms and that there was an organization that funds for the development of the project. “They have two different approaches [to governance]: one is a very grassroots, community development model that is mostly research search focus. The other one is more commercially oriented, intending to [create] a viable commercial product. Grin has a command-line interface [for Linux, OSX and Windows], which is not that easy to use. Beam has a full graphical user interface and mobile wallet, which is easier to use.” He went on to say that both the projects have different monetary models; Grin issuing 60 new coins per minute in a linear, continuous issuance schedule. On the contrary, the Beam has a monetary policy that is similar to Bitcoin, a fixed supply. “The way these are [each] advertised or described by those developing them is, Grin is intended to be medium-of-exchange, and Beam is intended to be for store-of-value […] Grin and Beam are both open-source. Initially, Beam was not open-source, but they are now both open-source and exchanging code, learning from each other.” The post “Grin is intended to be medium-of-exchange, and Beam is intended to be for store-of-value”, says Mastering Bitcoin author appeared first on AMBCrypto.
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Litecoin’s Charlie Lee Announces MimbleWimble Could Be Used For LTC Confidential Transactions

Charlie Lee, the creator of Bitcoin, surprised people on Twitter recently after he said that the Litecoin Foundation was exploring the idea of using MimbleWimble in order to make anonymous transactions. The message has come in a good time, as the community manager of the Litecoin Foundation, Ilir Gashi, has recently stated that people should keep their expectations low at the moment about new privacy features and that there was plenty of work to be done in this regard. We haven't announced anything. Just letting the community know what we are exploring and seeing what people think about MimbleWimble and extension blocks. — Charlie Lee [LTC] (@SatoshiLite) February 3, 2019 Lee’s message is a breath of fresh air for the people who are interested in privacy features for Litecoin. However, Gashi has clarified that nothing is set on stone yet and that the company is currently only looking at the MimbleWimble technology in order to see if it is a good idea. Charlie Lee has also affirmed that the Litecoin Foundation was currently moving its plans ahead to solve fungibility issues of the token and that solutions could be implemented via a soft fork. About the MimbleWimble Protocol The MimbleWimble protocol was created by a developer called Tom Elvis Jedusor. Basically, this protocol inspired by the Harry Potter universe is used in many privacy coins like Beam and Grin and it has become very popular since it was launched. You can use to encrypt data associated with transactions, which could make them more secure in case someone does not want other people to know about their transactions. This protocol uses CoinJoin, a software that basically is used to combine many payments into only one, which makes them basically impossible to track as the information is encrypted. People like Charlie Lee are interested in this protocol mostly because it looks like a very scalable technology and it could even become more scalable than high-profile tokens like Bitcoin in time. However, it is simply too early at the moment to be sure whether the Litecoin Foundation will see MimbleWimble as the ultimate technology for doing what they want or not. One of the reasons that might lead for not using the technology is because, as Charlie Lee has commented before, one of the issues of using the technology is that it might require a hard fork, something that the foundation is not very keen at this moment. The Litecoin Market At the time of this report, Litecoin was the 6th largest token in the market by capitalization. It has been trading at $33 USD and it has a market cap of $2 billion USD with a volume of $750 million USD daily. Some traders have bullish expectations on the token now as it will reduce its block reward from 25 to 12,5 tokens soon, too, so it looks like Litecoin is in a good place for now.
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Bitcoin Deemed Fairest Of Them All As No Altcoin Has Had The Privilege Of As Fair A Launch As BTC

Launching a new cryptocurrency for the industry is a delicate issue. All cryptocurrencies have dealt with the frustration and criticism that comes with the distribution schedule of a coin, though the one with the fairest launch has easily been Bitcoin. The best time to get in on any innovation is by starting when the concept is still young. Though every tech does not bring enrichment to the developers, Bitcoin and most others have. There was no initial coin offering (ICO), no reward for founders, and nothing to set the precedent, but Bitcoin was highly lucrative for some of the earliest investors. In fact, these investors have been able to launch subsequent cryptocurrencies as a result of their work. Perfect examples of these investors include Vitalik Buterin (Ethereum), Charlie Lee (Litecoin), Dan Larimer (Bitshares, Steemit, EOS), Zooko (Zcash), and Jed McCaleb (Ripple, Stellar). Even though the altcoins launched soon after Bitcoin’s success, they still received criticism from the public. Zcash has a 20% mining reward, which has remained controversial, despite being used for the development of the platform. They have also been investigated for the lacking in zero-knowledge proofs that would otherwise bring more validation. Ethereum has been critiqued for their coin allocation to certain whales in the industry and has been accused of developing their tokens as securities, rather than the utilities that they are meant to be. The EOS uncapped ICO, which lasted an entire year, frustrated the community. Ripple has been the subject of plenty of debated over the validity of their decentralization, holding the majority of XRP, and the lack of evidence of Ripple’s originating activities. Grin and Beam are the newest protocols to enter the industry, and they share the Mimblewimble privacy technology that has caught the interest of many crypto enthusiasts. Apart from that, they are much different. Grin’s team is fairly anonymous, lacking in founders’ reward and pre-mine, though it still offers a community platform that lacks a leader. Beam, on the other hand, is publicly known in their team and has a founders’ reward that spurs the development of the platform. The fairness of the launch of Grin is still debatable, considering multiple factors. Incentives need to be aligned when a crypto asset is launched, which motivates the rest of the people involved the motivation to devote the work needed to the project. The incentives keep users going when the platform is suffering as well, which is much different from Bitcoin. Bitcoin supporters had none of those guarantees, so they knew the risk was high. In a post on Uncommon Core, an article titled “Grin and the Mythical Fair Launch” was written by Arjun Balaji. In it, Balaji says that “a fair launch offers equal opportunity — not equal outcome — to acquire a coin 1) over a long period of time 2) at a relatively equal price.” In the end, the writer concludes that the launch of Grin ”excels in both dimensions.” However, without any reward for the developers, finding the funds to continue working. Based on a recent report on the news site Bitcoin.com, one developer has been working to raise $63,000 but has only accumulated $25,000. Due to the setup of Beam and other projects like Zcash, there is no issue like this. While it is easy to attack the way that Bitcoin lacked support for creators at the beginning, and how the mining back then was set up for thousands of bitcoins mined at a time, no one can argue that Bitcoin survives. Without the foundation of Bitcoin originally, there would not be any of the thousands of cryptocurrencies that are around today.
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Grin Falls Below $7: Could it Recover?

Since its January 15th mainnet launch, Grin began trading momentarily above US$250, fell all the way to $2.50, climbed up to $15, and fell once more below $7. All eyes have been on this exciting project, and speculators across the space are itching to know: where does it go next? While its initial trading in the three figure range may have been a blemish more than anything else, the rise back to $15 was legitimate, and propelled by tens of millions in daily volume despite a lack of access on top exchanges. Fueled primarily by markets on Hotbit and Bitforex, optimists saw $15 as just the beginning, while skeptics argued that GRIN would never see that price again. At current prices of US$6.85, GRIN carries a respectable market cap of roughly $9 million. With daily volume continuing to exceed $10 million, interest in GRIN remains among the highest of all coins. To get a better understanding of why GRIN has made such a buzz, and where it might be headed next, an understanding of the basis of the project must be established. What is Grin? Grin, alongside recently launched Beam, represents a pioneer of MimbleWimble technology. MimbleWimble is a novel approach to distributed ledger technology: a lightweight blockchain alternative that eliminates all unnecessary bloat in favor of maximum privacy and scalability. Grin is unique from other cryptocurrencies in that it operates in the absence of addresses, transaction amounts, and transaction histories. Additionally, it was developed by volunteers in the absence of an ICO since soon after MimbleWimble was first introduced in 2016. Much of the initial hype around Grin came from the support of prominent Bitcoin Core supporters, who have suggested that Grin represents one of a select few instances in which an altcoin represents a worthwhile initiative. This support was highlighted best by the decision by Theymos for Grin to be accepted on Bitcointalk, the first currency accepted beyond Bitcoin. Tokenomics If you stop your analysis without looking at Grin’s tokenomics, it probably looks clear that it still has room to appreciate in value significantly. However, the emission schedule of Grin represent a monumental dilemma for traders and, even more so, for long term holders. The maximum supply of Grin is infinite, and its emission schedule is constant. 60 Grin is awarded every block, and with block times fixed to one minute, that represents one new Grin minted every second for eternity. Per day, that translates to 86,400 new Grin every day. At $6.85 per Grin, almost US$600,000 in new money needs to enter Grin every day just for the price to remain constant. If, for the next 24 hours, there was no net change in the money invested in the ecosystem, Grin would fall to $6.43. As a point of reference, US$6.3 million needs to enter Bitcoin every day to offset the introduction of new coins from block rewards. Grin would match that number at a price of $73 per coin. Alas, the calls for $300 Grin do seem highly unlikely. It’s also important to keep in mind that for every day that passes, more money needs to be put towards buying Grin for the price to increase. For example, for Grin to hold at $6.85 by end of year, the market cap would need see growth of over US$195 million. Alas, traders and speculators must weigh the trade-off between technology and tokenomics when handling Grin. With such an intense emission schedule, one must feel very strongly about what Grin brings to the table as a prerequisite to accumulate it. US$15 per Grin certainly isn’t an insurmountable feat, but that amount of growth is a greater obstacle to Grin than most other cryptocurrencies. The post Grin Falls Below $7: Could it Recover? appeared first on NullTX.
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Crypto Market Update Jan.29: Crypto In Red, Despite Optimism Following BitTorrent Fundraising

2019 began with a mixed trend. Bitcoin and other cryptos are still around and creating great interest among the public. The large media bodies continue to monitor developments in the field regularly. In addition, the sector’s regulatory framework continues to take shape, and large and institutional entities continue to examine the possibilities for entry into the crypto market, despite the decline in the price and trading volume, and the instability of the market. The BitTorrent (acquired by TRON), ICO made use of the Binance Launchpad platform to issue a token for use on the platform, and only 600 investors managed to participate in the offering, which is not even 0.6% of BitTorrent’s users. The sale, which reminded us of the FOMO that can be manufactured by an ICO, was completed within fifteen minutes and was made possible through the BNB or TRX only, which affected trading in those cryptocurrencies as well. Grin and Beam generated a lot of interest among traders, who seem to have lost interest in the rest of the market. These are players who already hold Bitcoin and other cryptocurrencies. If the investments came from new players who are enthusiastic about the technology and the innovation brought by the aforementioned Alts, we would have seen demand for Bitcoin and a greater impact on the market as a whole. A little more of the action this week was from a post by Vlad Zamfir, a well-known Ethereum developer. He opened a front against what he calls the “Szabo Law”, which asks that no changes be made to the protocol unless changes are necessary for specific technical purposes. The issue generated heated debate on the Web. The volume of trading closes exchanges, causes problems of liquidity, creates difficulty in raising new capital or relying on fixed income, and causes the collapse of new startups. In addition, tightening the regulatory ropes and claims made against many companies that raised capital from the public froze the market until further notice. Crypto News VanEck-SolidX Bitcoin ETF Proposal Withdrawn: What does this Really Mean for Bitcoin? The much-anticipated CBOE Bitcoin ETF application which was awaiting approval has been shockingly withdrawn following the US government shut down. Bitcoin Does Latin America: LocalBitcoins Volume Has Kept Increasing Drastically Since 2017. Amid an economic crisis in some Latin American countries, reports from Coin Dance show that citizens in affected countries are trading high on Bitcoin via LocalBitcoins. The Binance KYC Data Breach: The Hacker Confirms the Attack. An anonymous hacker known under the pseudonym “ExploitDOT” has released more proof of a recent data breach at Binance and three other major crypto exchanges. New Findings Claim that Ripple’s Market Cap is Only $6.1 Billion (Overstated by 48%). Reports from a crypto research company suggest that the XRP market cap, currently about $13 billion, ought to be around $6.9, but Ripple refuted this by stating that its correct market cap should be $31 billion. Jeff Schumacher at Davos: Bitcoin Price Will Go To Zero. Speaking at the World Economic Forum meetup in Switzerland, Jeff predicted the fall of the world’s largest cryptocurrency. Liqui Exchange – The End: Users are Requested to Withdraw Their Funds. Following a policy change, the Ukrainian crypto exchange announced that it has come to the end of the road, hence shutting down its platform Charts This week we have chart analysis of Bitcoin, Ethereum, Ripple and BRD – Read more here. The post Crypto Market Update Jan.29: Crypto In Red, Despite Optimism Following BitTorrent Fundraising appeared first on CryptoPotato.
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This Time is Different...

Is this time REALLY different? Let's talk about what we can learn from the recent pumps on LINK, BEAM and GRIN, and how human psychology can really influence crypto trading. Let's also talk about why the KIN/KIK ICO battle brewing with the SEC might be big news for the other ICOs as well. #crypto Kik is planning to fight a likely U.S. Securities and Exchange Commission (SEC) enforcement action over its 2017 initial coin offering (ICO). https://www.coindesk.com/chat-app-kik-says-it-will-fight-sec-over-possible-ico-action Margin trade crypto to hedge your portfolio (only for advanced investors and traders): Bitmex - https://www.bitmex.com/register/9taqGR Buy and Trade altcoins on Binance - https://cryptobobby.com/binance Secure your Crypto with a Ledger Nano S: Amazon (faster shipping): https://cryptobobby.com/ledger-amazon Ledger (slower shipping, but cheaper): https://cryptobobby.com/ledger Get a Free Trial of Coinigy (the trading/charting software I use): https://cryptobobby.com/coinigy Follow me on Steemit: https://steemit.com/@cryptobobby Follow me on Twitter: https://twitter.com/crypto_bobby Join the Facebook Group: https://www.facebook.com/groups/140921189836895/ Portfolio Tracking: Blockfolio - https://www.blockfolio.com/ CoinTracking.info - https://cryptobobby.com/cointracking Bitcoin.tax - https://cryptobobby.com/bitcointax *Some of these links may be affiliate links, meaning if you click and purchase something, I may receive a small commission at no additional cost to you. I only recommend companies and products I personally use, and any commissions help to pay for content creation. Thanks! * ** This is not financial advice and these are simply my own opinions, as such, this should not be treated as explicit financial, trading or otherwise investment advice. This is not explicit advice to buy these cryptos, do you own research.**
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Crypto Market Update Jan.15: 2019 Has Lots Of Exciting Crypto News, But No Trading Volume

It’s been a routine week in the crypto market. Bitcoin’s volatility continues to shake the market up and down, and it seems that it is still leading the market, and a cryptocurrency that manages to take its place as “better than Bitcoin” has not yet been born. This week we saw a decline of 13% on average on the major cryptocurrencies. Most of the leading Altcoins have dropped, but have not reached the floor yet, in what looks like a technical correction. Most alternative currencies seem to be stabilizing, although some of them seem to have changed the trend in trading against Bitcoin. This can also be clearly seen in the dominance of Bitcoin in the market. The first two weeks of 2019 can be summed up as very weak in terms of trading with a low trading volume that does not remind you of the hype around the same date last year. However, even though the weaker hands have evaporated from the crypto space, developments continue as usual, and we expect to see new trends such as the stable currencies we saw in 2018 or the STO phenomenon that is raising its head, and the results of these trends have not yet been fully seen. Also, one has to remember that the projects where money was raised during the ICO craze may still surprise with useful products that will change the market as it looks today. MimbleWimble is gaining momentum. Last week, Beam was launched based on the new technology that excited the crypto community and today a parallel project will be launched that meets the name Green and uses similar technology. The path of these projects is long and full of question marks and bugs, as we have seen at the beginning of Beam. However, it is quite possible that such projects will awaken the market. In conclusion, the Crypto market has lost a lot of its value in the past year, but is still alive, kicking, and growing up. There are those who mention the Dot-com bubble of 2001 as an analogy that proved that the survivors and the visionaries were the ones who led the market later on. Crypto News World’s 23rd Richest Man Invests in Cryptocurrency Exchange Bakkt’s First Funding Round. Li Ka-Shing, a Hong Kong billionaire, has been identified as one of the notable investors in Bakkt’s first funding round which ended on December 31, 2018. Li Ka-Shing. Photo by Reuters Cryptopia Admits Being Hacked: Stolen Amount is Unknown, a $2.5M Transaction Could be Revealing – The details of the hack, including the stolen amount, remain unknown for the moment, although there are indications that the theft includes nearly $2.5 million of Ethereum coins.The exchange has gone offline since then for investigation. Russia to Buy Billions of Dollars Worth in BTC Next Month, Russian Economist Says.  As the unilateral economic sanctions war between Russia and the US continues, Russia is reportedly considering the conversion of $470 billion fiats into Bitcoin. Ethereum Classic’s 51% Attacker Has Mysteriously Sent Back $100,000 To Gate.io Exchange. Strange things are indeed happening in the crypto space. The anonymous hacker behind the recent Ethereum Classic 51% has reportedly returned $100k worth of ETC to crypto exchange Gate.io for unknown reasons. Chinese Mining Giant Bitmain Is Closing Another Overseas Office. Crypto winter has hit Bitmain once again, as the mining company forcibly shut down two offices in less than 40 days citing “ongoing business adjustment.” Steemit Social Network Bans Users Amid Censorship Resistance. The supposedly decentralized social media platform has banned  some of its users for trying to leak documents that contain what they tagged as “hidden truths of 9/11.” Ethereum Jan.16 Fork Constantinople Upgrade: Everything You Need to Know. The most significant event in January – Ethereum Constantinople Upgrade – is upon us, and if you’re still confused, then here’s all you need to know about the upcoming hardfork. Bittrex Opens OTC Desk Supporting Close to 200 Digital Tokens. The American crypto exchange has officially launched its over-the-counter (OTC) trading desk with support for 200 digital assets. However, only approved customers are eligible to trade with the OTC. For more news, visit our Crypto News section. Charts This week we have chart analysis of Bitcoin, Ethereum, Ripple, Tron and Tezos – Read more here. The post Crypto Market Update Jan.15: 2019 Has Lots Of Exciting Crypto News, But No Trading Volume appeared first on CryptoPotato.
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Beam: The New Scalable Confidential Cryptocurrency | BlockchainBrad | MimbleWimble | Crypto privacy

BlockchainBrad chats exclusively with Beam CEO Alexander Zaidelson about a new scalable confidential cryptocurrency. The new ultra private currency uses the very impressive MimbleWimble protocol because #privacymatters. They are a real, for profit company that mean business! Their MainNet is live and mining is already underway! No ICO, No premine, but they are a startup that has a very busy year ahead! ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● 0.52 Scalability and Confidential Meaning 3.30 Lightning & Integration 4:15 PoW + Security 7:55 Zcash/Monero comparison 10:30 Peterson Commitment, sum of output/input matching 12:30 Cut through mechanism 16:40 Regulation & Compliance 20:40 MainNet 22:50 Grin. unfunded, community startup 23:56 Distinction between Beam & Grin 25:56 Beam: for profit & enterprise 28:00 Raise 29:00 VCs 31:45: Core Features 34:00 Equihash 35:00 TPS Talk 37.9 Beam Dream Team 41.20 Business experience 44:38 Token Talk 46.00 Competition & BTC 49.50 Beam Wallet 51.11 Wallet Vulnerability 55:00 Beam explorer 1:00 Closing discussion ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● Core features Complete control over your privacy All transactions are private by default No addresses or other private information are stored on the blockchain Superior scalability due to compact blockchain size Opt-in Auditability Confidential Assets Support online and offline transactions, atomic swap, hardware wallets integration Wallet app for mobile and desktop Governance model No premine No ICO Backed by Treasury Establishing a non-profit foundation to govern the protocol after ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● Mainnet launch: Desktop wallet app CLI wallet OpenCL miner CUDA miner Blockchain explorer Confidential assets support ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● Post-mainnet: Atomic swap (with bitcoin) Integrated bitcoin wallet Mobile wallet (Android) Payment platforms integration (API) Hardware wallet integration Mobile wallet (iOS) Opt-in auditability Web wallet ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● PAYMENT/DONATION DISCLOSURE: This was 100% free and I received no financial compensation for doing this video; not in fiat, tokens or any form on payment. Since several months ago, I decided to do only free content unless legitimate ambassadorships were involved. I believe that sponsored content is not a problem if disclosed, but this was NOT sponsored and there was absolutely no compensation received in any way, shape or form for this interview. ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● GENERAL DISCLAIMER: The information provided is not to be considered as a recommendation to buy or invest in certain assets or currencies and is provided solely as an educational and information resource to help traders make their own decisions. Past performance is no guarantee of future success. It is important to note that no system or methodology has ever been developed that can guarantee profits or ensure freedom from losses. No representation or implication is being made that using the attached material will guarantee profits or ensures freedom from losses. BlockchainBrad shall not be liable to the participant for any damages, claims, expenses or losses of any kind (whether direct or indirect) suffered by the participant arising from or in connection with the information obtained this website or directly from the website owner. #BTC #MimbleWimble #cryptocurrency #Beam #PrivacyMatters #BeamPrivacy #bitcoinchallenger
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Crypto News: Elon Musk Talks Bitcoin and Binance Expands

The cryptocurrency market had quite the shakeup last week, causing a spike in most digital currencies. On Valentine’s Day, six days ago, JP Morgan announced that it would launch a test for its new JPM coin. This was the biggest crypto news to surface in quite some time. Now, digital currencies seem to have corrected, and most are trading red today. In today’s crypto news, we’ll discuss Elon Musk’s interview and the details behind him calling Bitcoin “quite brilliant.” Also, we’ll look into Binance’s new testnet they just released. Crypto News: February 20th, 2019 Elon ... ﾿ Read The Full Article On CryptoCurrencyNews.com Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges. All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.
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XRP, BTC and BNB Price Analysis and Prediction

XRP achieves  a high of $0.35499 BTC Targets $4000 level BNB gets over $10 level XRP/USD The rally by XRP in the last few days seemed to have gained momentum as the currency yet again achieved new highs, before tracing its way back to its current level of 0.3380 as of going to press. XRP managed to weather off the bearish engulfing at the dawn of 19th as the bulls managed to strike a price reversal on the upwards and pushed the currency price to a new high of 0.35499. This didn’t last for long though as the bears came calling and pulled the price down to a low of 0.32820. Later, a death cross pattern was formed when the 21 day MA crossed over the 7 day MA seemingly signaling that the price would fall down even further. True to this, the bears pulled the price further down to a low of 0.32363. XRP Forecast Looking at the Moving averages, it seems that an intertwining is imminent.The RSI is between 40 and 60, seemingly portraying that the currency is set to trade sideways. This scenario would be ideal for an intra-range strategy with support levels at 0.32363 and resistance at 0.3521. BTC/USD The price of BTC seems to be striving to achieve and outlive the 4000 territory. Even though there have been instances on the last 24 hours when the bears have pulled the priced below the 4000 mark, the price is currently above $3980 with its next target set for $4000. The RSI is at around 60 seemingly signifying that the price should be headed for consolidation before the next rally. The 7 day and 21 day MAs are also seemingly getting intertwined. This may portray that sideways trading may be in the offing. BTC Forecast The current scenario is ideal for range bound strategies that would set the resistance levels at 4050-4100 and support at 3950-4000. Traders can go long if the price bounces back from the support levels and go short if it pulls back from resistance levels. BNB/USD In the last couple of days, BNB has been experiencing bullish growth last seen in 2017 when it was launched. Currently, RSI levels are close to 70 seemingly portraying that the currency is at overbought levels. The 7 day MA is still maintaining a significant margin against the 21 day MA. Recent efforts by the bears to pull the price back below 10 have borne no fruit. As it is, the currency seems to find solid support at 10.50. BNB forecast Current candle stick formation seems to point to a rising wedge. This may mean that a breakout is imminent and the price may be pulled back. If a breakout occurs, traders can go short and put their support levels at 10.50. The post XRP, BTC and BNB Price Analysis and Prediction appeared first on ZyCrypto.
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Crypto Firm Gladius Tattles on Itself Before SEC Brings Down the Hammer

The SEC acknowledged a settlement with Gladius Network LLC today. Gladius raised almost $13 million in an ICO at the height of the crypto boom, from October to December 2017. The company tattled on itself last August, self-reporting potential violations to the SEC. As a result, the regulator has been gracious enough to opt not to impose additional financial penalties on Gladius. The catch? Gladius has to offer refunds on all ICO tokens. Gladius Reports Itself to the SEC The settlement is similar to the agreement NEO reached with Chinese regulators. In the case of NEO, the token had already The post Crypto Firm Gladius Tattles on Itself Before SEC Brings Down the Hammer appeared first on CCN
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Elon Musk Praises Bitcoin: “Paper Money is Soon Going Away”

Notorious billionaire and entrepreneur Elon Musk once again expressed his enthusiasm for cryptocurrency and blockchain technologies in the latest episode of ARK Invest’s FYI podcast: “On the Road to Full Autonomy With Elon Musk,” courtesy: bitcoin.com In an interview for Tasha Keeney, Musk pointed out several advantages that cryptocurrencies have over traditional fiat money. For Musk, the future of finance goes hand by hand with a global adoption of cryptocurrencies as a means of payment. Musk supported Jack Dorsey’s idea that Bitcoin could become the native currency of the internet. This notion, which he described as “interesting” has been shared by several influencers such as Tone Vays, Jimmy Song and Max Keiser, who consider that although altcoins have important uses, Bitcoin is the best candidate to become the equivalent of money 2.0. Elon Musk: Bitcoin is The Future… But We’re Not There Yet However, aware that there is still a long way to go for cryptocurrencies to replace fiat money, Musk commented that at the moment he does not plan to invest in developments related to this technology, or even experiment with its use in Tesla: “I think that the Bitcoin structure was quite brilliant, it seems like there’s some merit to Ethereum as well, and maybe some of the others. But, I’m not sure if it would be a good use of Tesla resources to get into crypto.” Musk pointed out that one of the advantages of using crypto is precisely that it gives users the freedom to carry out financial transactions without the restrictions imposed by banks or government agencies. When Keeney commented that certain governments impose restrictions on some inhabitants, Musk pointed out precisely that the cryptos were born to combat this excessive control and that in the future, fiat money as we know it “is going away.” “It bypasses currency controls. Paper money is going away, and crypto is a far better way to transfer value than pieces of paper.” Musk has had a presence in the community for his optimistic statements and vision of the role blockchain technologies will play in the society of the future. Previously during the scams boom on Twitter, Musk jokingly commented  At this point, I want ETH even if it is a scam — Elon Musk (@elonmusk) August 28, 2018 The post Elon Musk Praises Bitcoin: “Paper Money is Soon Going Away” appeared first on Ethereum World News.
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