Augur news

A decentralized oracle and prediction market platform.

World latest news

Coinbase Just Added Augur REP, Price Surges 13%

Coinbase, on April 18, announced the addition of the Augur (REP) token to its digital assets list on its… The post Coinbase Just Added Augur REP, Price Surges 13% appeared first on Invest In Blockchain.
Invest In Blockchain

Augur’s (REP) Is Now On Coinbase Crypto Exchange; Unless You Live in New York

Coinbase, one of the largest cryptocurrency exchanges in the United States, has now started to offer a new asset for its clients: Augur (REP). The announcement was originally made on the company’s official blog. Starting today, (almost) all customers with Coinbase accounts will be able to start trading the Augur Reputation Token (REP). Customers will […]
Bitcoin Exchange Guide

Augur (REP) is now available on Coinbase

Starting today, Coinbase supports Augur (REP) at Coinbase.com and in the Coinbase Android and iOS apps. Coinbase customers can now buy, sell, convert, send, receive, or store REP.REP will be available for customers in most jurisdictions, but will not initially be available for residents of the state of New York.Augur’s Reputation token (REP) is an Ethereum token designed for reporting and disputing the outcome of events on online prediction markets. Reporters are rewarded for reporting the outcome of events correctly.One of the most common requests we receive from customers is to be able to trade more assets on our platform. With the announcement of our new listing process last year, we anticipate listing more assets over time that meet our standards. We are also investing in new tools to help people understand and explore cryptocurrencies. We launched informational asset pages (see REP here), as well as a new section of the Coinbase website to answer common questions about crypto.You can sign up for a Coinbase account here to buy, sell or convert REP today.Augur (REP) is now available on Coinbase was originally published in The Coinbase Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.
The Coinbase Blog

Breaking down Augur’s v2 prediction market upgrades—now using Ethereum stablecoin Dai

Augur, a blockchain-based prediction marketplace, recently released its v2 upgrade, introducing a wide array of new features including Maker Dai integration, important bug fixes, and use-it-or-lose-it forking for REP. Augur’s Long-Awaited v2 Upgrade Augur (REP), a blockchain-based decentralized protocol that allows cryptocurrency users to create their own prediction markets, has announced the release of its version 2 upgrade. According to the company’s Apr. 8th blog post, this is the first major upgrade to the platform since its release in July last year. Source: Augur GitHub The single biggest request the company received since its initial release was allowing for trading with a stablecoin. The first version of August used ether (ETH) for all trading but decided to introduce a stablecoin denomination to combat ETH’s volatility. The v2 contracts will still reference “Cash,” a contract that wrapped ETH and was given additional trust by privileged transfers contracts, but will instead point to the Dai (DAI) stablecoin in addition to its existing ETH offering. Augur’s New Rollout Addresses Problems and Bugs From V1 Invalid Market Hack Fixed: Apart from the ability to trade with a stablecoin, the Augur community wanted to solve the risk of invalid markets. In v1, a market resolves as “Invalid” when reporters deem its outcome ambiguous or unverifiable. As shares in such markets could be turned in for an equal amount of money, this allowed for “bad actors” to manipulate the market. The newest version made Invalid a tradeable outcome like any other, thus enabling traders to hedge the risk of Invalid outcomes and gauge their likelihood via market forces. Decentralized REP Price Calculations: Version 2 also resolved another bug regarding fees paid to reporters by traders. The platform is now fully decentralized and the company introduced a built-in double action that will act as the price feed for reporters. ” Two double auctions will take place each week where a pot of DAI and REP are sold for one another, and a REP price is calculated from the sale prices,” the company explained. Mandatory Voting on Forks: Augur also implemented a “use-it-or-lose-it” forking ultimatum—if a market in Augur v2 forks users have 60 days to participate or they will lose all of their REP. The platform’s newest iteration also allows for disputes to occur immediately following one another. The previous version required REP holders to wait until the next available window to dispute the tentative winning outcome. In v2, anyone can dispute an outcome regardless of when it won or when the next window begins. New ERC777 Standard: The company also addressed the deficiencies of the ERC20 standard by introducing ERC777. The new standard is backward compatible with ERC20, Augur explained, but it also improves on many of its features. This allows for developers to make their apps interact with Augur tokens without having to give full transfer permissions to users. Market Duration Limit: A limit to market durations was also introduced to combat the lack of security of markets that remain on the old versions of the platform. While v2 also brought numerous other features and fixes, these are the ones the company believes users will benefit the most. Augur was lambasted for its horrible user experience and bugs in v1. Hopefully, these upgrades will make the platform more usable, and in turn, make it one of Ethereum’s killer apps. The post Breaking down Augur’s v2 prediction market upgrades—now using Ethereum stablecoin Dai appeared first on CryptoSlate.
Cryptoslate

Augur / Bitcoin Technical Analysis: Slowly Warming Up

/* custom css */ .td_uid_1_5cb495e080281_rand { min-height: 0; } /* custom css */ .td_uid_2_5cb495e080656_rand { vertical-align: baseline; } Augur has a neutral short-term trading outlook against Bitcoin The four-hour time frame shows that the REP / BTC is struggling to find direction The daily time frame shows that a large inverted head and shoulders pattern remains valid Augur / Bitcoin Short-term price analysis Augur has a neutral short-term outlook against Bitcoin, with the REP / BTC pair currently struggling for direction around its 200-period moving average on the four-hour time frame. The four-hour time frame is also showing that REP / BTC buyers have repeatedly struggled to ignite a bullish inverted head and shoulders pattern. Technical indicators across the four-hour time frame are rising as bulls try to take back control of price action.   REP / BTC H4 Chart                                                                         (Source: TradingView)   Pattern Watch Traders should continue to monitor the inverted head and shoulders pattern that is currently dominating the trading action on the four-hour time frame.                                                                                        Relative Strength Index The RSI indicator on the four-hour time frame has turned bullish as buyers start to take control of the REP / BTC pair in the short-term. MACD Indicator The MACD indicator has turned bullish on the four-hour time frame after a brief technical correction lower. Fundamental Analysis The recent uptrend movement was triggered by the announcement that the protocol will undergo a major upgrade, that will introduce a comprehensive suite of improvements, including the ability to trade DAI for stability. Earlier this month, REP was also listed on Coinbase, which had a positive effect on the price and liquidity of the coin. Augur / Bitcoin Medium-term price analysis Augur has turned bullish against Bitcoin over the medium-term with the REP / BTC pair continuing to trade above its trend defining 200-day moving average. The large inverted head and shoulders pattern that can be seen across the daily time frame still remains valid, despite the recent technical correction lower in the REP/BTC pair. The daily time frame is also showing that the REP / BTC pair is creating bullish higher highs and lower lows as buyers remain in control over the medium-term.   REP / BTC Daily Chart                                                                         (Source: TradingView)   Pattern Watch The upside projection of the inverted head and shoulders pattern on the daily time frame would take the REP / BTC pair towards levels not seen since May 11th, 2018. Relative Strength Index The RSI indicator on the daily time frame is turning bullish, after a brief correction below neutral. MACD Indicator The MACD indicator on the daily time frame is currently conflicted, with the MACD histogram correcting higher while the MACD signal line is still bearish. Fundamental Analysis Augur remains a strong project from a fundamental level. However, it is still highly dependent on the development of Ethereum. Ethereum scalability issues hinder the development of Augur, which make it highly susceptible to speculation-driven moves. Conclusion The REP / BTC pair is at risk of further losses in the short-term if bulls continue to struggle to ignite the bullish pattern seen on the four-hour time frame. Augur’s medium-term prospects against Bitcoin appear more optimistic, with the large inverted head and shoulders pattern pointing to an upside recovery back towards levels not seen since May 2018. Check out our coin guide for the Augur prediction platform. Augur ChartChart byCryptoCompare baseUrl = "https://widgets.cryptocompare.com/"; var scripts = document.getElementsByTagName("script"); var embedder = scripts[ scripts.length - 1 ]; var cccTheme = { "General":{"borderWidth":"0px","borderColor":"#FFF","showExport":true}, "Tabs":{"borderColor":"#FFF","activeBorderColor":"rgba(28,113,255,0.85)"}, "Chart":{"fillColor":"#222","borderColor":"rgba(28,113,255,0.85)"}, "Conversion":{"lineHeight":"10px"}}; (function (){ var appName = encodeURIComponent(window.location.hostname); if(appName==""){appName="local";} var s = document.createElement("script"); s.type = "text/javascript"; s.async = true; var theUrl = baseUrl+'serve/v3/coin/chart?fsym=REP&tsyms=USD,EUR,CNY,GBP'; s.src = theUrl + ( theUrl.indexOf("?") >= 0 ? "&" : "?") + "app=" + appName; embedder.parentNode.appendChild(s); })(); #ccpw-ticker-24533 .ccc-chart-header { background: #1c71ff} #ccpw-ticker-24533 #ccc-chart-block .exportBtnTop, #ccpw-ticker-24533 a.tabperiods.tabperiods_active, #ccpw-ticker-24533 .coin_details { color: #1c71ff; background: rgba(28,113,255,0.15); } #ccpw-ticker-24533 .coin_details { border: 1px solid rgba(28,113,255,0.16); } .ccpw-container_chart #ccpw-ticker-24533 .coin-container:after, .ccpw-container_four #ccpw-ticker-24533 .coin-container:after {border-color:#ccc !Important;} Decentral Media, Inc., the publisher of Crypto Briefing, is not an investment advisor and does not offer or provide investment advice or other financial advice. Nothing on this website constitutes, or should be relied on as, investment advice or financial advice of any kind. Specifically, none of the information on this website constitutes, or should be relied on as, a suggestion, offer, or other solicitation to engage in, or refrain from engaging in, any purchase, sale, or any other any investment-related activity with respect to any transaction. You should never make an investment decision on an investment based solely on the information on our website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an investment. The post Augur / Bitcoin Technical Analysis: Slowly Warming Up appeared first on Crypto Briefing.
CryptoBriefing

Augur [REP] Price jumps 5% as the Project Announces Major Update.

Augur is a leading Ethereum-based prediction market platform which envisions to bring the power of blockchain to the betting and gambling industry. While the coin has found decent success in establishing its use case, the project team has announced that it is about to undergo a major update calling it Augur 2.0. Augur 2.0 will be a remedy to issues the Coin faced in 2018. 2018 was a relatively bad year for all cryptocurrencies as prices of most coins and tokens hit the bottom. But with Augur, things were even more difficult as the token faced certain issues with its fundamentals. One particular issue that Augur struggled all of 2018 was that bad actor could create invalid prediction markets—such as markets that end before an outcome is known—allowing them to exploit these markets for profit.  Augur 2.0 aims to solve this. According to the official announcement “ In V2, Invalid will be a tradeable outcome like any other, enabling traders to hedge the risk of Invalid outcomes and gauge their likelihood via market forces. For example, if a market’s order book consistently has BUY orders for Invalid above .2, that suggests there is a greater than 20% chance the market is Invalid. For conservative users, this should be a warning to not trade the market.” Apart from the issues resolution, Augur is also upgrading its token standard from ERC 20 to ERC 777. ERC20 which is a simple, commonplace standard in the Ethereum ecosystem has many applications built over it. But for a project like Augur, it has its own set of deficiencies. Hence project has decided to move to ERC777 which according to the team is a better standard to be with as  ERC777, is backward compatible with ERC20 but also improves upon many of its features. While other features will also bring significant upgrades to the project, Augur will be launching a new token which will be denominated in MakerDAO’s Dai (DAI) stablecoin as part of a major upgrade to its platform. Augur claims that introducing DAI-denominated markets will make trading less volatile as compared with Ethereum (ETH), which has been used for trading on the platform thus far. “For V1, the usage of ETH was accomplished by using a contract (‘Cash’) that wrapped ETH and was given additional trust by the Augur contracts to take privileged transfers. The V2 contracts will still reference ‘Cash,’ which will instead point to an ERC20 Token with no extensions. At release time, this will be set to the Multi-Collateral DAI token.” The market appreciates the upgrade. The upgrade news did bring some joy to the investors as the price of the coin started rising up. Even amidst slumber markets the token was up almost 5% clearly signifying that the markets have accepted the welcome change. Source: Coinmarketcap Augur 2.0 is a significant upgrade over its previous version and does hold some legs that can take the coin higher. How sooner that would be is something that the Augur investors would be waiting for Will Augur break into top 20 coins in 2019 on back of this update? Do let us know your views on the same. The post Augur [REP] Price jumps 5% as the Project Announces Major Update. appeared first on Coingape.
CoinGape

Blockchain Prediction Platform Augur to Launch Stablecoin DAI-Denominated Markets

Blockchain Prediction Platform Augur to Launch Stablecoin DAI-Denominated Markets Blockchain-powered event betting platform Augur has launched a token denominated in MakerDAO’s Dai (DAI) stablecoin as part of a major upgrade to its platform. The news was announced in an official blog post tweeted on April 8. Augur argues that introducing DAI-denominated markets will make trading […] Cet article Blockchain Prediction Platform Augur to Launch Stablecoin DAI-Denominated Markets est apparu en premier sur Bitcoin Central.
Bitcoin Central

Augur (REP) Protocol Incorporates New Features via V2 Upgrade

Augur (REP), a blockchain-based decentralized prediction marketplace that enables users to bet on a vast array of events in the real world, has announced the release of its v2 upgrade, which has now loaded the platform with new features like stablecoin integration and more, according to a blog post on April 8, 2019. Augur ImprovesRead MoreRead More. The post by Ogwu Osaemezu Emmanuel appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News\
BTC Manager
More news sources

Trending

Hot news

Hot world news

Judge Dismisses Winklevoss Lawsuit Against Charlie Shrem

Judge Jed Rakoff of the US District Court for the Southern District of New York dismissed the Winklevoss case against Charlie Shrem in which the twins allege Shrem stole $26 million worth of cryptocurrency. The judge said a settlement was reached, though details of the settlement are confidential. Either party can reopen the case by May 5 if not completely satisfied.
Ethereum News

How Bullish Should Bitcoin Investors Be with Forbes Blockchain 50 List of Powerhouse Companies?

As per an all-new report released by Forbes earlier today, big-name players such as Amazon, Walmart, Ripple, have all developed a host of blockchain based tools to help the global dev community propagate the use of DLT (distributed ledger technology). While cryptocurrency is struggling to achieve mainstream adoption, these #Blockchain50 companies are committing manpower and […]
Bitcoin Exchange Guide
By continuing to browse, you agree to the use of cookies. Read Privacy Policy to know more or withdraw your consent.