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Block DX: Safe Free-Market Decentralized Exchange by Blocknet

What Is Block DX? As the crypto space expands its operations, many users are looking for a platform where they can perform exchanges directly from their own wallets without involving an intermediary while maintaining a centralized exchange experience. This is where Block DX comes into play. The platform is arguably the most secure, fastest, and […]
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Blocknet Release Beta Version of Multi-Blockchain Router – XRouter

The post Blocknet Release Beta Version of Multi-Blockchain Router – XRouter written by Richard Kastelein appeared first on Blockchain News - Security and Utility Tokens, Tokenomics, Cryptoeconomics Blocknet has released the beta version of XRouter, a blockchain router that will provide for multi-chain, lightweight dApps to harness contracts and protocols from different blockchains, allowing them to communicate and use each others’ specific features. XRouter lays the foundation for multi-blockchain architectures and an “Internet of Blockchains”. XRouter is one part of the Blocknet Protocol, […] The post Blocknet Release Beta Version of Multi-Blockchain Router – XRouter written by Richard Kastelein appeared first on Blockchain News - Security and Utility Tokens, Tokenomics, Cryptoeconomics
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Blocknet launches beta of blockchain app interoperability protocol XRouter

CryptoNinjas Blocknet, a 2nd layer blockchain interoperability protocol that enables communication, interaction, and exchange between different blockchains, today has released the beta version of XRouter which makes it possible to build decentralized apps using features from any public or private blockchain. It will serve... Blocknet launches beta of blockchain app interoperability protocol XRouter

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Binance and NEO Accused By Blocknet For Stealing Info Used To Build Binance DEX

TL; DR New suspects that Binance may be using their exchange listing application process as a way to steal information from unsuspecting competitors eager to be listed on their exchange. Blocknet revealed that Binance asked highly technical questions about their code and development process, possibly as a way to get information to develop their newly released DEX. Evidence shows that NEO co-founder Erick Zhang was involved in the questioning process, perhaps looking to acquire data to further the development of NeoFS’s storage solution. However, whether the suspects are correct, Blocknet had known that Binance were planning their DEX before contacting the exchange for the first time.   Binance, one of the biggest and most trusted exchanges in the crypto space, may have a dark side to how they’ve acquired information necessary to build their highly anticipated decentralized exchange (DEX). Binance officially launched their DEX just yesterday. However, new evidence has come out that portrays Binance as misusing their power as a highly popular exchange to deceive eager crypto projects into sharing sensitive information about themselves to get listed. These projects would then be ignored, and their applications are forgotten once Binance had received all the information they wanted from them. Binance Seeks for Blocknet Technical DEX Info According to Tyler Swope from the Chico Crypto Youtube Channel, this is precisely what happened to Blocknet, a second layer blockchain interoperability protocol. The project has its DEX, named BlockDX. Like others, it was also one of the projects that many people in the crypto space have been hoping would be listed on Binance. Well, Blocknet did apply to be listed on Binance’s Exchange on August 2018, submitting the standard online application.  The project followed the usual procedure, which includes answering a series of simple form of questions about the team, nature of the project, target industry, etc. Binance listing application. Source: ChicoCrypto Youtube Channel These are standard non-intrusive questions that Binance asks all projects applying to be listed. However, when it came to Blocknet, apparently these standard questions were not enough to evaluate their application; Binance’s head of business development, Ashley Ouyang, had then sent an email to Blocknet with an additional application form that included more questions. Blocknet filled out the form and responded to Ashley the very next day. Then over a month went by with no response from Binance. The radio silence from Binance seemed suspicious to Blocknet, and they began reviewing the questions they had answered in the second application. Only then they realized how much more intrusive the questions were, which made them even more suspicious. Some of the many questions in the second application include information on: Blocknet’s interoperability infrastructure and whether they could find the code in their GitHub. Why Blocknet chose to build their DEX How Blocknet solves the domain name system problem in the blockchain If Binance could receive access to BlockNet’s private repository to view their latest developments The questions Blocknet were asked by Binance. Source: ChicoCrypto Youtube Channel As we already mentioned, when Blocknet answered all of these questions and submitted the application, Binance cut off all communication with them and would not reply anymore. Given that Binance announced that they would be launching their DEX on March 2018 (5 months before Blocknet’s application), some questions are raising whether or not Binance was trying to gather as much information about their competitors to help fastrack Binance DEX development process. NEO plays a role in the deception to gain info about a storage solution Further proof of this claim can be found in the identities of the people involved in the communication between Binance and Blocknet. On the second application, Blocknet revealed that quite a few Binance developers (such as Nigel Yee and ‘CC’) had a hand in composing the more technical questions that Blocknet answered. But most surprising of all, Blocknet suspect that Erick Zhang, the CTO of NEO, was also involved. Zhang assisted in creating NEO’s dBFT (delegated byzantine fault tolerance) consensus. As can be seen on Blocknet’s video, Zhang is the one asking questions about their Github repo, infrastructure, how they solved their DNS problem and if they could elaborate on their blockchain based storage solution. Erick Zhang on Binance whitepaper. Source: ChicoCrypto Youtube Channel The storage solution question is critical since NEO has been looking to develop a storage solution for NeoFS, while Binance has been looking for the same solution for their DEX. Erick Zhang is also an angel investor in Binance, which explains his willingness to collaborate with Binance in providing information from DEX platforms like Blocknet to benefit his project NEO and Binance. Shocking News or Innocent Behaviour? Ultimately, this is shocking news because Binance has built up such a strong reputation for being highly trustworthy and ethical in their business dealings so far. If these accusations are true, then it’s a red mark for future projects looking to get listed on Binance and sharing confidential data. If during the application process it becomes evident that they have even a minor competitive edge over the exchange, they could be forced to give Binance more information or face being rejected. In the case of Blocknet, also when they did comply and provide all the information they were asked for, they were still dismissed. Although we can say that Blocknet was naive in assuming that the sensitive information they revealed would only be used to evaluate their listing application, it’s clear that even they were caught blindsided by the shady practices of crypto’s most “trusted” exchange, Binance. Binance: DEX Plan Were Publicly Announced However, whether or Blocknet’s suspects are right, the facts are that it’s well-known that Zhang is an adviser for Binance, so no doubt he will assist the exchange where he can. Also, Binance announced publicly that they are building a DEX even before Blocknet approached them for the first time. If they were afraid of competition, Blocknet did not have to contact Binance for any reason, and certainly not to disclose any confidential technical information. The post Binance and NEO Accused By Blocknet For Stealing Info Used To Build Binance DEX appeared first on CryptoPotato.

Why Investors Should Pay Attention to Blocknet

Even in the “crypto winter” we are currently living in, the blockchain industry is still growing. This is a good thing for the industry in many ways, but all of these various networks have developed in a siloed and separated way. Some companies have emerged that seek to help the various networks work together and […] The post Why Investors Should Pay Attention to Blocknet appeared first on Hacked: Hacking Finance.

Blocknet XWallet Technology Releases New Update With More Trading Functionalities

Blocknet, a decentralized platform-as-a-service blockchain solution, has released an updated version of its digital wallet that has many new functionalities. Among the features that have been upgraded include proposal voting, coin control and trade history, while the most notable addition is the XWallet technology. The launch of the new wallet features represent the achievement of significant milestones as stated in the Blockchain roadmap. According to the development team, the purpose of the update is to improve user experience and extend the functionalities of the Blocknet protocol. The most significant improvements made on the new wallet are: Trade History The Blocknet Protocol will now feature an online transaction history services through which traders can view completed orders. To access this service, clients must have the Trade History API which will be availed to the public during the next wallet update. XWallet This functionality enables the Blocknet Protocol to establish the blockchains that are compatible with a specific services node connected to the network. This gives developers an easy time in identifying blockchains that support SPV and XRouter services, meaning that they can leverage contracts and protocols from other distributed ledgers and create cross-chain DApps. In due course, XRouter will offer support for multiple blockchains, facilitating the simple integration of SPV into DApps. Simplified Proposal Viewing The new update lists proposals according to the newness to the network. Alternatively, proposals can be sorted according to their current status. Simplified Proposal Voting It is considerably easier to vote for proposals, as the new UI features all three options, namely ‘yes’, ‘no’ and ‘abstain’. Coin Control The coin control section has been moved to separate window, thereby giving a more aesthetic feel. Furthermore, it is easier to personalize configurations since the settings are displayed in a listed format. Instead of using Electron, the developers opted for the C ++ programming language because it offer more security.
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Blocknet introduces trade history and XWallet technology with new wallet update

Blocknet, the blockchain agnostic decentralized platform-as-a-service today released a wallet update that includes updates to proposal voting, coin control, trade history and integration of Blocknet’s new XWallet technology. The development of trade history and... Blocknet introduces trade history and XWallet technology with new wallet update

Blocknet successfully sends Syscoin transaction without SYS blockchain installed

Blocknet, a blockchain agnostic decentralized platform-as-a-service has announced that its XRouter technology successfully sent a Syscoin transaction from one address to another, all without the SYS blockchain installed. The very first mainnet SPV transaction of... Blocknet successfully sends Syscoin transaction without SYS blockchain installed
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Amun AG Launches New Exchange-Traded Product With Data Provided By Bitwise Crypto Index

The fintech firm based in Switzerland, Amun AG, released its new plans to launch an exchange-traded product (ETP) using Bitwise 10 Select Large Cap Crypto Index as a benchmark. The Swiss SIX Exchange has already allowed several other ETPs to operate in the country. Amun AG Works On New ETP Bitwise Index Services has just […]
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OmiseGo Price Analysis OMG / USD: Burning The Stash

OmiseGo has a bullish short-term bias, with the cryptocurrency rallying to a fresh 2019 trading high The four-hour time frame shows the OMG / USD pair has invalidated a bearish pattern The daily time frame time highlights that bulls are attempting a major technical breakout Fundamental Analysis OmiseGo has gained momentum after GO.Exchange announced that it is planning to use its profits to burn OMG tokens. GO.Exchange is a new blockchain project from OmiseGo team, and it marks a major milestone for the OmiseGo ecosystem. OmiseGo / USD Short-term price analysis OmiseGo has a bullish short-term bias, with the cryptocurrency performing a bullish breakout on the four-hour time frame. The four-hour time frame shows that OMG / USD bulls have invalidated a head and shoulders pattern, with price now testing back towards the head of the bearish pattern. Technical indicators on the four-hour time frame are bullish and continue to issue a buy signal.   OMG / USD H4 Chart by TradingView                                                                                  Pattern Watch Traders should note that the upside target of the invalidate bearish and shoulders pattern is located at the November 14th, 2018 swing-high. Relative Strength Index The RSI indicator on the four-hour time frame is bullish, although it is now extremely overbought.                                                                                  MACD Indicator The MACD indicator on the four-hour time frame is bullish and continues to issue a buy signal. OmiseGo / USD Medium-term price analysis OmiseGo has a bullish medium-term trading bias, with the cryptocurrency attempting a major breakout on the daily time frame. The daily time frame is showing that OMG / USD bulls are trying to ignite a bullish inverted head and shoulders pattern. The attempted bullish breakout has so far proved unsuccessful, with price slipping back towards neckline support. Technical indicators across the daily time frame are bullish and continue to issue a buy signal.   OMG / USD Daily Chart by TradingView   Pattern Watch Traders should note that the November 2018 trading high is the overall upside target of the bullish pattern on the daily time frame. Relative Strength Index The RSI indicator is also bullish on the daily time frame, although it is correcting from overbought conditions. MACD Indicator The MACD indicator is bullish on the daily time frame and continues to issue a buy signal. Conclusion OmiseGo bulls have successfully invalidated a bearish head and shoulders pattern on the four-hour time frame, opening-the-door for further short-term gains. Medium-term bulls now need to ignite the large bullish pattern on the daily time frame or they risk the prospect of a failed technical breakout.   Check out the OmiseGo coin guide.   OmiseGO ChartChart byCryptoCompare baseUrl = ""; 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=OMG&tsyms=USD,EUR,CNY,GBP'; s.src = theUrl + ( theUrl.indexOf("?") >= 0 ? "&" : "?") + "app=" + appName; embedder.parentNode.appendChild(s); })(); #ccpw-ticker-24546 .ccc-chart-header { background: #1c71ff} #ccpw-ticker-24546 #ccc-chart-block .exportBtnTop, #ccpw-ticker-24546 a.tabperiods.tabperiods_active, #ccpw-ticker-24546 .coin_details { color: #1c71ff; background: rgba(28,113,255,0.15); } #ccpw-ticker-24546 .coin_details { border: 1px solid rgba(28,113,255,0.16); } .ccpw-container_chart #ccpw-ticker-24546 .coin-container:after, .ccpw-container_four #ccpw-ticker-24546 .coin-container:after {border-color:#ccc !Important;}   The post OmiseGo Price Analysis OMG / USD: Burning The Stash appeared first on Crypto Briefing.

Approval For Settled Bitcoin Futures On LedgerX

The New York-based LedgerX LLC is “a US-regulated trading platform for physically-settled digital currency derivatives” and has had its application for designation as a contract...
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