Top Crypto Releases to Be Aware Of (Oct 15—22, '18)

If you follow tech updates, then you may pay attention to CyberMiles, PundiX, UTRUST, Monero and Stellar

CyberMiles (CMT) — Mainnet is launched on October 15, '18

At the same time, ERC20 CMTs migrated from the Ethereum blockchain to the CyberMiles blockchain’s MainNet and became native CMTs on a one-to-one basis.

PundiX (NXPS) — Blockchain-powered XPhone is released on October 15, '18

According to the announcement, ‘unlike traditional phones which require a centralized mobile carrier, XPhone runs independently without the need for that. And it runs on another Pundi X invention, one which holds even more potential: the Function X blockchain.

UTRUST (UTK) — Native apps for IOS and Android will be released on October 16, '18

200+ Merchants Live Transactions

Monero (XRM) — Schedules a Network Upgarde on October 18, '18

This new Monero upgrade will bring a new hard fork to the token, which will be made to improve its efficiency and to tweak the proof of work algorithm of the token to make it resistant against ASIC mining.

To be sufficiently prepared, a user, service, merchant, pool operator, or exchange should run CLI v0.13.0.0 or GUI v0.13.0.0.

Stellar (XLM) — IBM Blockchain World Wire will be launched on the Stellar Network on October 22, '18

Using blockchain technology and the Stellar protocol, IBM Blockchain World Wire will make it possible for financial institutions to clear and settle cross-border payments in seconds.

XLM

0.1040 USD
0.49%

UTK

0.02208 USD
0.16%

CMTC

0.008310 USD
0.00%

Related news

Bitcoin Miners’ Refuge? Zcash Mining Hash Rate Sees 650% Growth

While the bitcoin hash rate has taken a downward shift during the latter half of last year, Zcash has been on a constant upward movement that could make it a crypto miners refuge. Miners Flocking to Zcash The reports of Bitcoin miners leaving the crypto mining scene has been doing the rounds since mid-2018 after the crash of 80 to 90 percent in cryptocurrency prices. Bitcoin is down about 82 percent from its all-time high at $20,000 to about $3,500. Around October, Bitcoin hash rate took a dip and only started upward descent in mid-December. According to Diar’s latest report, cryptocurrency miners are flocking to Zcash due its block reward halving period. “Cryptocurrency miners have found refuge in solving for Zcash with the block reward still two halving periods behind Bitcoin (Zcash follows the same controlled supply model with differing block times).” The privacy-focused cryptocurrency, Zcash is a code fork of Bitcoin protocol that uses  zero-knowledge proofs to “enable privacy-preserving transaction data.” It first came into existence in late October 2016. The hash rate of Zcash has been growing on a constant upward movement as can be seen in the 1-year chart above. “With 7200 ZECs up for grabs daily the networks mining hash rate has been able to sustain a 650% growth as other cryptocurrencies lose equipment in the face of the ongoing bear market and stiff competition.” Earlier this month, zooko Took to Twitter to share the ongoing developments in Zcash to share that “As expected, the GitHub thread about radically revamping Zcash mining is heating up. https://github.com/zcash/zcash/issues/3672 … It’s important because at today’s prices there is more than $400K/day of new Zcash issuance” The community is also working on Zcash blossom, a “dual-proof-of-work scheme, where one algorithm is backward compatible with current mining equipment, and another is designed to work well with GPUs on a temporary time scale.” Harmony mining will be affecting the miners as its goal is to make the Zcash ecosystem more resilient by “spreading issuance and political influence among distinct kinds of stakeholders.” The post Bitcoin Miners’ Refuge? Zcash Mining Hash Rate Sees 650% Growth appeared first on Coingape.
CoinGape

Iceland’s “Bitcoin Bandits” Sentenced in Big Crypto Mining Theft Case Worth Nearly $800,000 USD

It has been reported that the primary suspects in the “Big Bitcoin Heist” of 2018 have been sentenced to prison terms following the much-reported heist that saw them steal over $750,000 worth of crypto mining equipment. What Was The ‘Big Bitcoin Heist’? On January 16, 2018, the four men hired three more individuals in order to rob the Advania mines. The crew was able to steal 225 fully functional Bitmain mining rigs with the help from an ‘inside man’ and allegedly wore security uniforms. This particular heist was the crew’s biggest and the robbery reportedly took hours. The ‘inside man’ gave the thieves a security access code and a layout of Advania’s floor plan. Iceland police arrested two members of the gang on February 1, 2018, with an illegal stun gun and more than a half ounce of cocaine. From that point, one of the suspects purportedly turned on Stefansson and his gang, so the police were able to track down each member of the group following the first two arrests. The first of the individuals arrested include Sindry Thor Stefansson, who was originally arrested in April for the theft of mining equipment in the country. Based on translated court documents, another six individuals were tied into the charges, which is a total of ten criminal counts. The full charges include “possession of weapons, cocaine, and theft of over $2 million USD worth of mining computers and equipment.” What added a twist to the drama was when Stefansson escaped from prison. He was placed in the low-security prison a little over a week ago though he has been in custody. He fled through a window before taking the approximately 60-mile trek to Keflavík International Airport, where he used a stolen passport to board a passenger plane bound for Sweden and where security footage spotted him. Interestingly, he was on the same flight as the Prime Minister of Iceland. The Final Sentance All in all, seven men were sentenced for the heist, with Sindri Þór receiving the heaviest sentence. The computers were never found and the men were sentenced to pay Advania, the company that owned the computers, 33 million ISK(close to $270,634) in damages. Stefansson was not charged additionally for his attempted escape and just four and a half years in Prison. Hafthór Logi Hlynsson will serve 20 months and Matthías Jón Karlsson was sentenced to two-and-a-half years. Both Peter Stanislav Karlsson and Viktor Ingi Jónasson will have to spend 18 months behind bars while the others get lighter punishments.
Bitcoin Exchange Guide

STELLAR (XLM) Daily Price Forecast – January 22

  XLM/USD Medium-term Trend: Ranging Supply zone: $0.2000, $0.2500, $0.3000 Demand zone: $0.0800, $0.0600, $0.0400 XLM is still in consolidation in its medium-term outlook. The strong bearish pressure that dominated the range from 19th January after the formation of the large bearish candle was sustained. $0.1033 of the lower demand area of the range was broken twice yesterday as XLM dropped to $0.1025 in the demand area before the end of the session. Today's opening candle at $0.1027 sustained the bearish momentum as new low was attained at $0.09963 as the exhaustion set in and the bulls returned and pushed the coin back up into the range at $0.1044 in the supply area. The cryptocurrency is in a range-bound market and trading between $0.1147 in the upper supply area and at $0.1033 in the lower demand area of the range. Traders should wait for a breakout at the upper supply area or breakdown at the lower area with a retest before a position is taken. XLM/USD Short-term Trend: Bullish The cryptocurrency is in a bullish trend in its short-term outlook. After dropping the coin at the lower line of the descending channel the bears lost momentum as the bulls returned. The formation of a bullish long-tailed candle at $0.09963 signal the bulls returned while the break at the 10-EMA confirmed the bulls takeover. XLMUSD has risen to $0.1045 in the supply area with a target at $0.1090 in the supply area in the short-term.           The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.
Bitcoin Exchange Guide

Hot news

By continuing to browse, you agree to the use of cookies. Read Privacy Policy to know more or withdraw your consent.