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Bitcoin Exchange Guide’s Most Important Negative Moments of Cryptocurrencies During 2018

The cryptocurrency market did not have a good year in terms of price performance. The drop can be also related to several issues that hit the market during the last 12 months. For example, back in January, the Japanese cryptocurrency exchange Coincheck was hacked. This attack resulted in the loss of 523 million NEM tokens (XEM), close to $500 million at that time. This situation has severely affected the market and marked an inflexion point in the regulatory environment in Japan. This situation showed the risks associated with having virtual currencies stored in an online platform. The best advice is to store virtual currencies in a cold wallet without being connected to the internet. Although the exchange gave back users’ funds, the effects on the space and on NEM were noticeable. Now, the exchange is operating once again. There is another exchange that was hacked for about $195 million. BitGrail is an Italian exchange that has been targeted by a group of hackers that stole 17 million XRB (currently NANO). Japan has since then improved its regulatory environment. It has created new regulations for exchanges and every crypto company that wants to operate in the market must be previously approved by the government. Another issue that has affected the credibility of some projects was the scandal around the TRON white paper. The TRON white paper has been accused of being copied from many other projects. .@justinsuntron why does your TRON whitepaper make wholesale copying of @IPFSbot and @MineFilecoin without a single reference? Bitswap, PoRep, PoSt, these are not your ideas? — Bedeho (@bedehomender) January 7, 2018 Justin Sun, the founder of the TRON Foundation, said at that moment that this could be related to the fact that they did not have an office in San Francisco to work on this. Furthermore, he provided the latest Chinese version of the whitepaper. Another thing that the market experienced this year was a bear trend that affected the price of most virtual currencies in the space. Since Bitcoin reached $20,000 at the end of 2017, it has dropped during different periods of times, Bitcoin fell under $7,000 back in February for the first time in 2018. During the next monhts, it reached $6,000 but tried to recover on different occasions. However, it fell under $6,000 in November and it reached the lowest point in more than one year when it was traded under $3,300. Nouriel Roubini, the economics professor that is known for predicting the global financial crisis in 2008 has been a very present figure this year in the space. Since the very beginning, it has attacked virtual currencies, Bitcoin (BTC) and experts in the field. He was present at a hearing organized by the U.S. Senate Committee on Banking, Housing and Urban Affairs back in October. At the event, he attacked Peter Van Valkenburgh, research director at Coin Center, and has also been very hard against virtual currencies. For example, he said that no one uses Bitcoin more than criminals and terrorists. Additionally, he had a public discussion with Vitalik Buterin, the co-founder of Ethereum. He mentioned that Buterin is a scammer and that he stole 75% of all the Ether available. However, Buterin explained that he did not have this amount of money. 99% of crypto land is one shitcoin traded for another shitcoin. And the average shitcoin lost 90% or more of its value in the last year. So Crypto Land is Crap Land, a cesspool of lunatics with severe Freudian scatological obsessions that swim 24/7 in their own stinking shit. — Nouriel Roubini (@Nouriel) October 11, 2018 One of the most harmful things that affected the whole ecosystem during 2018 was the hash war between Bitcoin ABC and Bitcoin SV. On November 15, Bitcoin Cash (BCH) was going to experience a network upgrade. However, the community was divided on how the network should be prepared to scale. This is why Bitcoin SV and Bitcoin ABC supporters decided to start a hash war. Bitcoin SV (BSV) supporters were nChain’s Craig Right and CoinGeek’s Calvin Ayre. Those opposed to Bitcoin SV and supporters of the Bitcoin ABC proposal were Bitmain’s Jihan Wu and Bitcoin.com CEO Roger Ver. Just a few hours before this network upgrade, the market dropped to the lowest point in more than a year. Indeed, Bitcoin dell down to $3,300 after this conflict in the network. Due to Bitcoin’s price decrease, the network has also lost part of its hash rate. Bitcoin’s hash rate lost around 50% since its all-time high in August. During this hash ware, Bitcoin SV miners were not able to dominate the chain. In the end, they decided to split from the Bitcoin Cash network and create their own coin (BSV). The market has experienced very negative things this year, and these were the most important ones. However, there are many important things that are worth mentioning. Bitcoin has experienced a genuine growth in terms of development. Other virtual currencies had also experienced a positive year taking into account their developments.
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Bitcoin Exchange Guide’s Top 2019 Cryptocurrency Trends to Look for with High Expectations

After a bearish 2018 which has brought huge losses to the crypto industry, investors around the world are looking forward to 2019 and new changes that will arrive with it. Many believe that the next year will be the one when cryptos will finally take over and go mainstream. While this is unlikely to happen so soon, as there are many obstacles along the way, it might be a year when the process will actually start. Even so, many are hesitant to make particularly bullish price predictions, as the crypto market remains volatile and unpredictable. However, there are still numerous new trends that might arrive, which is something that many are looking forward to. 1. The Role Of Stablecoins Might Change Around a year ago, cryptocurrencies were at their peak, and most of them hit new heights in terms of value and market cap. New investors flooded the space, and the money flow was massive. At the time, no one had any reason to believe that the trend will stop in 2018, and that changes in the new year will be so drastic. However, one trend that took off is the popularity of stablecoins. In the highly-volatile market that impacts the prices in the most unpredictable ways, having at least some sort of stability can mean a huge difference. This is exactly what dollar-pegged coins brought, which is why many of them became quite popular. No matter how investors feel about them, stablecoins became a big force in the crypto space in 2018. It is currently unclear what might happen to them in 2019, as the crypto market still evolves, and new changes can be expected on every turn. If the bear market continues in the next year, stablecoins will remain useful and popular. On the other hand, if positive changes arrive, the resulting impact might make them obsolete. 2. The Evolution Of Privacy Protocols Online privacy was always one of the most important aspects of the internet, and the same is true for digital currencies. After Bitcoin turned out to be not as private as everyone believed it to be, a lot of new privacy protocols entered the development. However, this is yet another aspect of the crypto space that has yet to mature and fully develop, and many believe that Mimblewimble-powered Grin and Beam could bring all the necessary privacy that crypto holders might want. Naturally, a single privacy protocol will not change the entire crypto space. However, it will be a big milestone in an attempt to fight back against blockchain surveillance that started to take place. Furthermore, Bitcoin Core is expected to get Schnorr signatures in the following year, which might bring additional privacy technology, such as Coinjoin. Similar efforts are being made to make the Ethereum network more private, and numerous pro-private projects, protocols, and platforms are already in the making. 3. 2019: The Year Of Security Tokens? ICO was a trend that really took off in 2017, and while many new startups saw potential in it, it soon grew out of control, and countless issues emerged. In 2018, however, things took a turn for the worse, and it can be said without any doubt that this year killed ICOs entirely. While the crypto community still speculates about the ICO era, it is unlikely that anyone will try to bring it back ever again. Even if they tried, it would likely result in a failure, as everyone has learned just how many pitfalls lie along that way. Back in early 2018, everyone expected this year to be the one where security tokens will blow up and start dominating the space. As we now know, this prediction never came to be. However, it is still possible that it was simply too early for it to happen, and that it might arrive at some point in 2019. Of course, there is still no guarantee, as there are countless technical issues to be taken care of first. Even if that happens, there are still regulations that need to arrive in order to properly stabilize the space. It is important to remind ourselves that cryptocurrencies are still very much new and that it has been only a decade since they even came to be. While many are ready for a change, the shift to digital money is an extremely massive one, and it will require time. Even so, analysts believe that security tokens and STOs will eventually become the standard model for deploying crypto projects of the future. 4. The Rise Of Decentralized Credit Networks Decentralized credit networks brought a lot of new changes when it comes to infrastructure development. Things such as social credit, collateralized loans, open finance, and alike did not only receive tools necessary for them to become possible, but the entire concept was confirmed to work. Now that this milestone was reached, 2019 is expected to be the year when the trend will take off. Finally, billions of unbanked and underbanked people around the world will be able to gain access to this sort of services, with numerous new projects appearing throughout the year. Some projects that were already launched in 2018 managed to prove their value even under this year's conditions, which were more than unfriendly for a new type of service based on crypto. Not only that, but they will likely expand on the number of coins they will accept, and even go beyond, to include non-crypto assets. 5. Mass Adoption Of dApps Decentralized applications were a part of the crypto world ever since Ethereum was launched. Since then, many other projects appeared, dedicated to application development instead of just offering a digital currency. However, the lack of any real killer apps prevented dApps from going mainstream, in addition to other issues that the crypto space has had to face. This might change in 2019, and even if one or more dApps finally get to experience mass adoption, it will be a big victory for the crypto and blockchain space. Of course, this may be nothing but wishful thinking at the moment, with many experts claiming that it will be at least a few more years before a blockchain-based game goes viral. New investments might arrive due to things such as crypto collectibles, or perhaps VR projects. One such project, called Decentraland, is expected to see its official launch in 2019. When it does finally see the light of day, it will offer an entire virtual world based on blockchain technology, which might become a meeting ground for crypto gamers, as well as other projects. 6. Solving The Scaling Problem Scalability issues were always one of Bitcoin's greatest problems, as the coin can only handle a few of them at once. Over the years, developers came up with a number of different solutions for this issue, most of which eventually turned out to be inefficient. However, one project still shows promise to this day, which is the Lightning Network. Simply put, the project will add an additional layer to Bitcoin blockchain, which will provide an unlimited number of unrecorded transactions between individuals who are in need of a quick way to trade. Only after the last trade is performed will tunnels that connect the two parties be closed, and the final state of things will be recorded on the blockchain, massively reducing the number of transactions that need validation. This way, Bitcoin will drop one of the largest problems that it had since the day it was launched. 7. The Year When Institutions Will Go Crypto Attracting institutional investors to the crypto space has proved to be quite a challenge, and the main issue was to resolve problems that are making the crypto world unsafe for business. These problems include high volatility, the lack of regulations, price manipulation, potential asset theft, not to mention the fact that the space is still new, and institutional investors will first have to explore the space and learn how to use it. However, a number of projects dedicated to providing additional options are currently in the works, including the Bakkt exchange, Bitcoin ETFs, custodial services, and more. The launch of these projects will provide institutions with terms of trading they are already familiar with, and it will create a safer environment which will provide an easy transmission. As mentioned, cryptocurrencies will still need years to completely take over, but the first step may yet be made in 2019, which is less than a week away.
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Bitcoin Exchange Guide Recounts the Major Crypto Market Events of 2018

After 2017 ended in a price surge that brought huge profits to anyone even remotely invested into crypto, many were expecting that 2018 will be the same, or maybe even better. However, the year has been dominated by bearish markets, huge losses, headlines regarding hacking attacks, crypto regulations, and news of highly-anticipated projects being postponed. Now, in the final days of 2018, let's take a look back and see what marked the year of 2018 in terms of crypto, and what impact these events had on the emerging digital currency space. Billions Of Dollars Lost Right At The Start While 2017 was the year when crypto trend grew, and prices mirrored this effect, 2018 was the total opposite in terms of value. The first days of the year have seen the last remnants of growth, and Bitcoin even managed to exceed $20,000 per coin. Soon enough, however, the market crashed, and this price now seems like nothing more than a distant memory. The top 10 coins lost a lot of their value in following months, with the total crypto market cap dropping by around $600 billion in the first half of the year. After seemingly reaching stability that lasted for a few months, the market crashed again in mid-November, and they continued dropping until mid-December, where a slight surge that lasted one week brought what might be delicate stability. South Korea Regulating Crypto Space Another consequence of a successful 2017 was the increase in exposure for crypto. With thousands of new investors flooding the space, countries around the world concluded that it is time to start seriously considering crypto regulations. While numerous governments around the world started working on the issue, it appears that South Korea may be the most successful in bringing these concepts to reality. January 2018 was dominated by headlines of price decline and South Korean court decisions which finally gifted Bitcoin with an official economic value. The country did more than that, however, and they introduced a cryptocurrency account system which also banned the anonymous trading of digital assets. Hacking Attacks Hit Numerous Exchanges Despite positive development in South Korea, this is not the only Asian country that has made crypto-related headlines. Japan was also mentioned quite often, especially due to hacking attacks that hit its crypto exchanges. Coincheck was the first on hackers' hit list, and after being compromised, it lost anywhere from $400-534 million worth of NEM. The attack occurred on January 26, and it marked yet another historic exchange hack. However, the loss did not have as large an effect as it was expected. Then, in April, another large attack took place, this time targeting the wallet belonging to an Indian crypto exchange, Coinsecure. The breach resulted in a theft of around $2.7 million in BTC. The exchange blamed CSO Amitabh Saxena, stating that it had a role in this incident. Finally, in September, Indian law enforcers decided to make a move and file charges against several suspects, claiming that the crime was helped by an insider. ICOs Failing Due To Unfriendly Conditions With crypto boom happening in late 2017, a lot of new projects ended up being conceived, and numerous startups hoped to use the trend and investors' willingness to invest in any coins they can find for gathering funds. However, as soon as 2018 kicked off, these projects started seeing a lot of trouble. Not only did the prices decline and the massive cash flow suddenly decreased, but agencies like the US SEC and CFTC cracked down on ICO as well. These agencies had numerous busts on various projects, many of which received cease and desist orders. As soon as in February 2018, reports about failed projects started arriving, one of which claimed that around 47% of ICOs that started in 2017 already failed. The crackdowns continued throughout the year, and they started occurring in the entire world. Even some celebrities that got involved in ICOs ended up paying for it, even if they only promoted these projects. Venezuela's Petro Venezuela's struggling economy is already well-known around the world, and due to harsh conditions, the country's government decided to introduce the first state-backed crypto this year. The coin is called Petro, and it was launched in February 2018. To this day, no one is actually sure if the project works, however, Nicolas Maduro, the country's president, has pointed out advantages of going crypto numerous times. In November 2018, Petro's price was nearly tripled, while the Ministry of Communication and Information came up with a law that allows the currency to be used for commercial transactions. The decision to “toy around” with a so-called multi-asset backed crypto while the entire country is struggling was criticized by many, but the project still remains alive, although the effects have yet to be seen. The Bitcoin ETF Dilemma Despite the massive drop in value, the crypto space did attract a lot of attention, and institutional investors finally became interested. Crypto supporters were waiting for months to see whether or not the US SEC will approve Bitcoin ETF applications, which the regulator continuously delayed. In July 2018, one such application was filed by the CBOE, in cooperation with Vaneck and SolidX. This application was believed to have a chance with the SEC, and that it will not be rejected like all the others. However, as mentioned, the SEC continued to postpone the decision, and the date eventually got pushed further into 2019. The same happened with the Bakkt exchange project, which is expected to bring daily futures contracts. The trading was originally supposed to start in December 2018, but it got postponed and is currently expected to arrive in late January. Bitcoin Cash Hard Fork Finally, one of the largest impacts of the crypto market came in mid-November, after Bitcoin Cash had its second hard fork. The first one was performed successfully in the spring of 2018, and it brought numerous new features which brought a lot of additional development to the project. The second one, however, resulted in a blockchain split and the creation of a new coin — Bitcoin SV. The split was caused due to disagreement within the BCH community regarding the BCH update, and the two coins are currently steadily moving away from the event. What Does The Future Hold For Crypto? 2018 was definitely an eventful year for crypto, despite many difficulties that the entire crypto space had to go through. Many believe that the next year will be a prosperous one, and maybe even the first of many that are about to arrive. Many interesting events with potentially significant consequences are expected in 2019, including Bitcoin ETF approval, the launch of Bakkt, and continuation of projects' development. While no one can predict what will actually happen regarding any of these or other projects, investors still remain hopeful.
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Bitcoin Exchange Guide’s Top 15 Cryptocurrency News Headlines For Today [VIDEO]

Stellar's Lightyear Acquires Visa and Citi-Backed Crypto Startup Chain Stellar's Lightyear Acquires Visa and Citi-Backed Crypto Startup Chain C-CEX Crypto Exchange Experiences Hack, Loses All DOGE and LTC Funds C-CEX Crypto Exchange Experiences Hack, Loses All DOGE and LTC Funds KuCoin Invests $3 Million AUD Into Bitcoin Australia Exchange For Global Growth KuCoin Invests $3 Million AUD Into Bitcoin Australia Exchange For Global Growth Stealthy Blockchain Messaging App By Blockstack To Create WeChat Of dApps Stealthy Blockchain Messaging App By Blockstack To Create WeChat Of dApps Australia's NSW And Secure Logic To Use TrustGrid Blockchain Network For Driver License Credentials Australia's NSW And Secure Logic To Use TrustGrid Blockchain Network For Driver License Credentials 0x Project and Harbor Compliance Platform Partner For New Security Token Standard 0x Project and Harbor Compliance Platform Partner For New Security Token Standard Paxos Gets NY Regulatory Backing For “Paxos Standard” Stablecoin, a USD-based Crypto Token Paxos Gets NY Regulatory Backing For “Paxos Standard” Stablecoin, a USD-based Crypto Token Mastodon Review: The Crypto-Friendly Decentralized Social Network Mastodon Review: The Crypto-Friendly Decentralized Social Network Roger Ver, Bobby Lee Debate Which Bitcoin is Closest to Satoshi's Whitepaper and BCH Wins Roger Ver, Bobby Lee Debate Which Bitcoin is Closest to Satoshi's Whitepaper and BCH Wins Native Crypto Exchanges Tokens are Experiencing Three Month Lows Native Crypto Exchanges Tokens are Experiencing Three Month Lows Bitcoin Tests $6,000 Support Level 6 Times in Past 3 Months, Crypto Markets Appear to Have Found Bottom Bitcoin Tests $6,000 Support Level 6 Times in Past 3 Months, Crypto Markets Appear to Have Found Bottom European Commission VP: “We see that Crypto Assets Are Here To Stay” European Commission VP: “We see that Crypto Assets Are Here To Stay” Crypto Investors Could Benefit from Tax Cuts on Capital Gains from Boris Johnson Crypto Investors Could Benefit from Tax Cuts on Capital Gains from Boris Johnson CryptoFortunes War Games Paid Research For Privately Funded Token For Gaming Leaks CryptoFortunes War Games Paid Research For Privately Funded Token For Gaming Leaks Charlie Lee of Litecoin (LTC) Criticizes Ethereum Blockchain's Immutability Charlie Lee of Litecoin (LTC) Criticizes Ethereum Blockchain's Immutability Ex-Hedge Fund Manager and Crypto Trader Affirms Goldman Sachs is Manipulating the Market Ex-Hedge Fund Manager and Crypto Trader Affirms Goldman Sachs is Manipulating the Market WeChat Crypto Ban is in Full Effect as Bitmain and Delphy See Censorship on Messaging App WeChat Crypto Ban is in Full Effect as Bitmain and Delphy See Censorship on Messaging App Meet Winklevoss Twins' Newest Innovation: “Gemini Dollar” (GUSD) Stablecoin Meet Winklevoss Twins' Newest Innovation: “Gemini Dollar” (GUSD) Stablecoin Spotlight Seeker Nouriel Roubini Bashes Ethereum dApps' Ecosystem for Inactivity and Scams Spotlight Seeker Nouriel Roubini Bashes Ethereum dApps' Ecosystem for Inactivity and Scams Why the SEC is Investigating Bitcoin and Ether Exchange-Traded Investment Products Why the SEC is Investigating Bitcoin and Ether Exchange-Traded Investment Products
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Bitcoin Exchange Guide’s Crypto News For September 8: What Happened in the Blockchain World?

Here's part one to what happened in the blockchain world today! Make sure you check out all of Bitcoin Exchange Guide's video news reviews each and every day. Thomas Lee of Fundstrat Reveals “Alt-coin Correction Index” with Sell-off History Thomas Lee of Fundstrat Reveals “Alt-coin Correction Index” with Sell-off History Satoshi Nakamoto Grand Reveal Party On or Before January 1, 2020: Will a Bitcoin (BTC or BCH) Swap Happen? Satoshi Nakamoto Grand Reveal Party On or Before January 1, 2020: Will a Bitcoin (BTC or BCH) Swap Happen? Blockchain Department at Facebook is Expanding with Sixth Public Position Hiring Blockchain Department at Facebook is Expanding with Sixth Public Position Hiring “Wall Street Won’t Save Bitcoin” .. but does “Crypto” Need Wall Street's Financial Saving? “Wall Street Won’t Save Bitcoin” .. but does “Crypto” Need Wall Street's Financial Saving? Liquid by Quoine Launches as New Crypto Trading Platform for “Liquidity” Liquid by Quoine Launches as New Crypto Trading Platform for “Liquidity” Ripple CEO Weighs in on XRP Coin Being a Security Issue at Techcrunch's Disrupt Event Ripple CEO Weighs in on XRP Coin Being a Security Issue at Techcrunch's Disrupt Event Michael Arrington Drops F-Bomb to SEC in Bold Retort about Crypto Hodlbacks Michael Arrington Drops F-Bomb to SEC in Bold Retort about Crypto Hodlbacks MSN Bitcoin Fud Shares How Much Money You’ve Lost If you Bought Crypto At The Top Of The Bubble MSN Bitcoin Fud Shares How Much Money You’ve Lost If you Bought Crypto At The Top Of The Bubble OKCoin Digital Asset Trading Platform Expands to the United States OKCoin Digital Asset Trading Platform Expands to the United States General Counsel at Ripple Untimely Exits Remittance Payment Blockchain Company General Counsel at Ripple Untimely Exits Remittance Payment Blockchain Company CoinJar Trading Exchange In Australia Lists Zcash (ZEC) Cryptocurrency CoinJar Trading Exchange In Australia Lists Zcash (ZEC) Cryptocurrency MicroBarBox.com Accepts Bitcoin Cash Payments For Gift Box Delivery Service MicroBarBox.com Accepts Bitcoin Cash Payments For Gift Box Delivery Service Coinspectator Opens Real-Time Cryptocurrency News Aggregator Coinspectator Opens Real-Time Cryptocurrency News Aggregator Abra Crypto Wallet Joins Forces With Coinify To Expand European Market Services Abra Crypto Wallet Joins Forces With Coinify To Expand European Market Services Cloudbric To Use Hacken Bug Bounty And White Hat Crypto Security Platform Cloudbric To Use Hacken Bug Bounty And White Hat Crypto Security Platform CINDX Crypto Asset Manager For Traders Launches Security Token ICO CINDX Crypto Asset Manager For Traders Launches Security Token ICO ConsenSys And Coursera Partner To Offer Blockchain Technology Course ConsenSys And Coursera Partner To Offer Blockchain Technology Course Spitball 2.0 Opens Blockchain Education Market With Tokenized Student Economy Spitball 2.0 Opens Blockchain Education Market With Tokenized Student Economy Ethereum (ETH) Developers Actively Looking For Beacon Chain ASICs Ethereum (ETH) Developers Actively Looking For Beacon Chain ASICs COSIMO X Opens Blockchain Tokenized VC Fund For VR/AR, IoT And AI COSIMO X Opens Blockchain Tokenized VC Fund For VR/AR, IoT And AI
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Bitcoin Exchange Guide Authors, Editors & Publishers Team

The grand reveal of the BitcoinExchangeGuide.com daily news team. A quick skim and virtual survey of us and you will see we are a mixed bag of heavy handed writers, authors, editors, publishers and overall Bitcoin enthusiasts who strive for greatness when it comes to cryptocurrency-based content creation, generation and curation. As it stands today, our mission is to research, review and report more bitcoin and blockchain related content than any other website on the Internet and have been doing so this entire year and last year's historic run. This has not been easy an feat to accomplish. We have many more mountains to move in order to get to the level of cryptocurrency culture we want to achieve within this blossoming and beautifully designed ecosystem under the Bitcoin umbrella. Please reach out to get in touch with any author here at Bitcoin Exchange Guide. They will gladly connect with you for any questions, followups or interviews. If you are interested and involved in cryptocurrencies and would enjoy writing about them and getting paid to generate content, please feel free to reach out as well as we are always looking to expand as we continue our rise and ascension up the ladder of most active cryptocurrency communities in the world.
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BAT Outperforms Bitcoin, XRP On New Brave Browser “Rewards” Feature

Brave Browser Announces BAT “Rewards” Feature On Tuesday, Brave Browser, a crypto-friendly internet application headed by the founder of Mozilla Firefox, Brendan Eich, made a surprising announcement, seemingly aiming to start of 2019 with a proverbial bang. Via a company release, conveyed through its in-house blog, the Brave and Basic Attention Token (BAT) team, which consists of Eich, coupled with an array of fintech, Silicon Valley, and crypto veterans, revealed that it would be previewing “opt-in ads in [the] desktop browser developer channel.” While this feature sounds nebulous, there’s more to this integration than meets the eye. In fact, as broken down in a PC Magazine feature article, this new advertising model will allow common Joes and Jills to earn crypto, in the form of BAT, and potentially other rewards in the feature. This new offering, dubbed Brave Rewards, will siphon 70% of earned ad revenue to users who agree to view advertisements. The remaining 30% will be paid to Brave’s war chest — a likely controversial play, but one necessary for the blockchain project’s long-term survival. Rewards will be available via Brave’s developer/test browser edition. It wasn’t exactly divulged when the innovative feature would hit the publics’ desktops, but the following GIF is how the feature will work: Looking outwards, the Brave team revealed that they expect opted-in users to earn upwards of $60 to $70 a year in the near future, with their preliminary projections predicting that $224 a year could be earned by 2020 through Brave’s in-house ecosystem. While this sounds great — an effective free $224/year for viewing ads — like all things too good to be true, there’s a catch. At the time of writing, Brave has announced support for BAT token withdrawal, as the company wants Rewards’ users to reward their favorite content creators, whether it be large new portals or Youtubers. After this feature goes live successfully, Brave intends to activate “publisher-integrated ads,” which will allow content creators to feature “private ads” on content creators’ pages through the startup’s systems. The company subsequently explained its Brave Ads offering and its applications/benefits from a top-down perspective, writing: With Brave Ads, we are reforming an online advertising system which has become invasive and unusable. Users have turned to ad blockers to reclaim their privacy from ads that track them and sometimes even infect them, and publishers are finding it increasingly difficult to earn ad revenue to sustain quality content with intermediaries that collect huge fees. It is important to reiterate that at this time, this newfangled feature is technically in its beta phase. Due to this positive news, the popular altcoin, which recently gained the support of industry powerhouse Coinbase, has posted a respectable price gain. At the time of writing, BAT is currently valued at $0.125 apiece, posting a 3% in the past 24 hours. The crypto, currently the 36th in this market’s standings, is currently outperforming Bitcoin (BTC) by 2.7%, and Ethereum (ETH) by 2.4%. Crypto Lulls: Bitcoin, Ethereum, XRP Post Barely Any Movement In the same vein of cryptocurrency prices, the broader market has posted close-to-zero movement in the past 24 hours. Per data from Coin Price Watch, BTC has found itself at $3,645 — a mere 0.58% gain over the past day. Other leading crypto assets have also posted slight gains, but have still underperformed BAT. XRP, the go-to asset for fintech upstart Ripple, is up 1.27%, as it sits just shy of the $0.33 price level at $0.3296. ETH, which recently tumbled due to the delayed Constantinople fork, has found itself up by 2%, regaining a portion of the losses incurred yesterday. While the market is trending slightly positive, some analysts expect that BTC is ready to dive. Speaking to MarketWatch, Jani Ziedens of Cracked Market claimed that BTC, if truly oversold, should be posting monumental gains right now, rather than finding itself in an extended lull. So, Ziedens added that this “lethargic base” indicates that demand is limited, “incredibly weak” even, and as such, lower crypto bottoms may be inbound. BAT Title Image Courtesy of Descryptive.com via Flickr The post BAT Outperforms Bitcoin, XRP On New Brave Browser “Rewards” Feature appeared first on Ethereum World News.
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Cryptopia Hacker Moves Stolen Crypto to Binance; Community Alerts CZ and Funds Are Frozen

It is clear that hackers gave themselves a place to stay in the cryptocurrency industry, which was only made more evident by a recent security breach that happened over the last few days. Cryptopia, a leading exchange in New Zealand, announced a breach that ended in a major theft on January 14th. However, unlike the unfortunate tale that many other exchanges succumb to, that is not the end of the story. The official statement notes that Cryptopia has placed itself into a maintenance mode, helping them to protect their accounts until the regulatory authorities of New Zealand provide other details. Both the High Tech Crimes Unit and the local police are pursuing investigative efforts, though they have commented that “a significant value of cryptocurrency may be involved.” At this point, the actual amount has not been released, and no substantial details have been provided. Still, that has not stopped local news portal Radionz from reporting that the loss is close to $3.6 million. A Twitter user, ShaftedTangu, seems to know where these digital assets are going. On the posts, the user said, Hey @cz_binance Binance has stolen tokens from Topia hitting it sir. Can you lock it down? https://t.co/0XllsBejUV — I Dream Of Alts (@ShaftedTangu) January 16, 2019 Through a string of additional tweets, the user continued to track the funds, as he mentioned wallet address 0x9007a0421145b06a0345d55a8c0f0327f62a2224. In another tweet, he claimed, “Currently the 0x900 wallet contains around $10 mil USD of tokens, large amounts are $PRL $2mil, $CENNZ $1.168 mil, $Denacoin $2.73 mil, $MSP $0.99 mil” Luckily, just under four hours after the original tweet, CZ Binance replied. The reply said, Just checked, we were able to freeze some of the funds. I don't understand why the hackers keep sending to Binance. Social media will be pretty fast to report it, and we will freeze it. It's a high risk maneuver for them. https://t.co/i0PeahLzic — CZ Binance (@cz_binance) January 16, 2019 With such a nonchalant type of reply, it is quite a victory for Cryptopia and Binance that the funds could be frozen at all. However, the victory has not been won yet, considering there is no indication of exactly who performed the hack in the first place. Cryptopia has remained silent, though they posted to their own Twitter profile, saying, “We cannot comment as this matter is now in the hands of the appropriate authorities. We will update you as soon as we can.” As a result of these issues, Zhao posted that users should keep their holdings on exchanges, rather than a hardware wallet. However, his post caused an onslaught of negative replies, with some saying that his post implied that self-storage is substantially riskier than storing on a seemingly “reputable” exchange. Zhao later retracted, saying that he was not advising investors to store funds on exchanges. In the first half of 2018 last year, there was over $731 million lost in thefts involving exchange hacks. However, none have reached the severity experienced by the 2014 Mt. Gox hack.
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Binance Freezes ‘Some of the Funds’ Stolen in Cryptopia Hack

Some of the stolen cryptocurrency from yesterday’s Cryptopia hack has been sent to Binance, which has confirmed already freezing some of the funds.  Binance Freezing Funds Stolen from Cryptopia Twitter account @ShaftedTangu has alleged that some funds stolen as a result of Cryptopia’s hack have been siphoned through Binance. The amounts sent to Binance in question include roughly $7,500 in Metal (MTL) 00, $6,750 in KyberNetwork coin (KNC) 00, $7,181 OmiseGO tokens (OMG) 00, and $8,724 in EnjinCoin (ENJ) 00. All of it totals around $30,000. Changpeng Zhao, CEO at Binance – the world’s largest cryptocurrency exchange by means of traded volumes, has confirmed the allegations, reassuring that they’ve already frozen some of the funds. Zhao commented: Just checked, we were able to freeze some of the funds. I don’t understand why the hackers keep sending to Binance. Social media will be pretty fast to report it, and we will freeze it. It’s a high-risk maneuver for them. Just checked, we were able to freeze some of the funds. I don't understand why the hackers keep sending to Binance. Social media will be pretty fast to report it, and we will freeze it. It's a high risk maneuver for them. https://t.co/i0PeahLzic — CZ Binance (@cz_binance) January 16, 2019 Bitcoinist reported yesterday that Cryptopia’s security has been breached, resulting in ‘significant losses’. Police in New Zealand also confirmed. Binance Caught in the Fire Zhao’s tweet caused a reaction in crypto Twitter’s community as one user (@Crypto_Bitlord) expressed his bewilderment that Zhao referred to “social media” as a means of reporting rather than Binance’s own surveillance systems. I’m genuinely shocked stolen funds from @Cryptopia_NZ have easily passed through @binance UNDETECTED until social media flagged them. This raises some big questions. How is that possible with modern blockchain analysis? — Sir Bitlord (@Crypto_Bitlord) January 16, 2019 On the matter, Binance’s CEO said: It’s quite easy to generate a brand new address. We (and no one) recognize every transaction out there. We already have very in-depth and detailed blockchain analysis. Yet, the question remains – if a regular Twitter user has been able to detect the transaction in question, how, and more importantly – why did Binance miss it? Perhaps the better question, as posed by @Crypto_Bitlord is: So you are saying criminals can steal funds and just create a brand new address to send to before binance? In the meantime, Binance announced today the launch of their Binance Jersey fiat exchange. The platform is aimed at traders from Europe and it offers BTC/GBP, ETH/GBP, BTC/EUR, and ETH/EUR trading pairs. What do you think of Binance missing the transactions in question? Don’t hesitate to let us know in the comments below! Images courtesy of Shutterstock The post Binance Freezes ‘Some of the Funds’ Stolen in Cryptopia Hack appeared first on Bitcoinist.com.
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