Daily News Digest Featured News

Monday October 22 2018, Daily News Digest

Bitcoin
Source: CoinMarketCap

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United States

Crypto Markets See Slight Rebound, Bitcoin Trades Above $ 6,500 Again (CoinTelegraph), Rated: AAA

Sunday, Oct. 21: crypto markets have seen a slight rebound today, with 19 out of the 20 top cryptocurrencies by market cap in the green, and Bitcoin (BTC) back to trading above $6,500, according to CoinMarketCap.

Most of the top 20 cryptocurrencies have seen a slight growth within 0.5 and 2 percent, while Bitcoin Cash (BCH) and NEM (NEO) have seen more gains today, up 2.4 and 4.5 percent over the past 24 hours respectively.

crypto market
Source: Coin360 and CoinTelegraph

Bitcoin has seen growth within the day, up almost 1 percent over the past 24 hours, and having been trading above $6,500 for most of the day. The major cryptocurrency is trading at $6,539 at press time, which constitutes 3.2 percent growth over the past 7 days.

Bitcoin
Source: CoinMarketCap
Ethereum
Source: CoinMarketCap

Bitcoin Congestion Reaches 95%; Fees Remain Relatively Low (NewsBTC), Rated: AAA

Bitcoin blocks experienced up to 95 percent congestion this month, but it didn’t impact its transaction fees, which remain at around $0.1.

Source: Willy Woo Twitter Profile
Source: Willy Woo Twitter Profile

Fundstrat’s Tom Lee: $ 25k For Bitcoin (BTC) Still Possible, “People Are Too Bearish” (Ethereum World News), Rated: A

When it comes to Bitcoin bulls, there isn’t anyone as optimistic as Tom Lee, a veteran market analyst on Wall Street. Over the course of the past year, on dozens of occasions, Lee has claimed that the foremost crypto asset is poised to surpass $25,000, even in spite of the bearish market conditions.

We [at Fundstrat] just published a report this week that pointed out to our clients that when Bitcoin is under its 200-day, it only goes up 50% of the time in the next six months. But when it’s above its 200-day, it is up 80% of the time [in the next six months], so the trend implied by the 200-day is obviously very important.

Bitcoin’s White Paper Gave Us Liberty – Let’s Not Give It Back (CoinDesk), Rated: A

Ten years after Satoshi published the white paper that gave us bitcoin – and the explosion of innovation it launched – I continue to be astounded at its transformative power.

Money is such a fundamental part of life, and it has played such a huge role in mine, for good and bad. Bitcoin is the awakened sleeping giant of it all because it has fundamentally and forever changed money and, more importantly, money’s seat of power.

DO WAGES NEED TO BE PAID IN BITCOIN FOR RETAIL ADOPTION TO HAPPEN? (Bitcoinist), Rated: A

Is this a case of chicken and egg? If more retailers accepted Bitcoin, would more employees expect their wages paid in Bitcoin? Or, does Bitcoin need to be viewed more widely as a replacement for fiat first?

Sorry, I Turned Off My Bitcoin Faucet (Because Money) (CoinDesk), Rated: A

In November 2015, I started operating 99Bitcoins’ faucet. Almost three years later, on Oct. 8, I shut it down.

Throughout its history, the faucet paid out over 12.795 bitcoins to its users. Here’s its story.

NEW YORK CITY MANSION HITS THE MARKET FOR EITHER CASH OR BITCOIN (Bitcoinist), Rated: B

A 10,720-foot mansion next to Manhattan’s Riverside Park is on the market for $15.9 million dollars. The buyer is open to accepting cash or Bitcoin from a buyer.

With Upcoming Litecoin Core Update, Team Says Transactions Will Only Cost Half A Cent (Invest in Blockchain), Rated: AAA

The improvement is the team’s response to the increasing transaction costs since the Litecoin token (LTC) has risen in value. Currently, the average transaction fee hovers around $0.05.

The change would bring the price down to $0.005, a significant reduction that puts fees at the same levels as 2015. Contrast that to Bitcoin’s current transaction fee, which hovers around $0.10, and Litecoin becomes a much more viable alternative.

Crypto Enthusiast Created an Electric Bicycle that Runs on Bitcoin and Litecoin (CryptoVibes), Rated: A

Recently a German cryptocurrency enthusiast Matthias Steinig just created an electric bicycle that runs on Bitcoin and Litecoin.

It operates quite simple, the user has to scan the QR code from the bicycle using an app then send payment to turn on the bike and its motor. The customer can pick from 3 options on the screen on the bike and then a QR code is generated with the price based on the time the user selects.

Zcash, Stellar, BAT and Cardano Grow Awaiting Coinbase Listing (Use the Bitcoin), Rated: AAA

Zcash (ZEC), Stellar Lumens (XLM), Basic Attention Token (BAT), and Cardano (ADA) are trading positively. These cryptocurrencies are growing faster than other coins in the market since Coinbase could list one of them soon.

These Altcoins Are Pumping Following the 0x Listing (SludgeFeed), Rated: A

While ADA is only up roughly 5% on the week, BAT is up over 30% and XLM and ZEC are up around 13%.

The AltDex 100 Cryptocurrency Index (ALT100), a benchmark index for large-cap cryptocurrencies and tokens that notably does not include stablecoins, is currently around 4% over the last week.

AltDex 100
Source: SludgeFeed

ETHEREUM FOUNDATION GRANTS $ 120K TO DATA-TRANSPARENCY STARTUP TRUEBLOCKS (Bitcoinist), Rated: A

TrueBlocks received the award to continue working towards a “fully-decentralized way to access data from any Ethereum address or smart contract.” The money will support the project over the next six months.

Blockchain Might Make Voting Worse — Not Better (CCN), Rated: A

Three researchers with the Initiative for CryptoCurrencies and Contracts (IC3) are questioning whether, as some proponents claim, blockchain technology will be able to change the internet voting sector for the better.

Major Online Rental Platform Allows Users to be Paid in Ripple (NewsBTC), Rated: A

Omni, the online item rental and storage management startup, is now allowing its users to get paid in Ripple, capitalizing off of the cryptocurrency boom. The addition of the XRP payment method comes after the startup raised $25 million in XRP this past January.

Floyd Mayweather, DJ Khaled facing lawsuit over ICO (CoinGeek), Rated: B

According to a report published by TMZ, Mayweather faces a lawsuit from investors over the ICO for the Centra Tech crypto startup. They claim that the he is personally responsible, in part, for the millions of dollars lost by investors when the digital currency fizzled.

Ephrata, Washington Imposes Year-Long Ban on New Cryptocurrency Mining Operations (CoinTelegraph), Rated: B

The city of Ephrata, Washington, will halt new crypto mining developments in the city for the next 12 months, Eastern Washington and North Idaho daily newspaper The Spokesman Review reports Friday, Oct. 19.

International

Research Shows Bitfinex Loses Tether (USDT) Market To Binance, Poloniex and Huobi (Bitcoin Exchange Guide), Rated: AAA

The Element Group has recently produced statistics to show that the biggest USDT holders in the market are not Bifinex anymore, which is only ranking in sixth on their list. The information, which was tweeted by Ran Neuner, a CNBC commentator, on October 19, shows how the market seems to be making UDT move away from Bitfinex.

Tether
Source: @TheElementGrp

Ethereum [ETH] only accounted for 4% of Genesis trading loan book by end of September 2018 (AMBCrypto), Rated: AAA

Michael Moro, CEO of Genesis Global Trading, recently said that the platform lending out Ethereum [ETH] and short selling it was not the cause for its price decline.

In an interview with CNBC Fast Money, Moro said that Ethereum accounted for about 28% of the Genesis Global Trading loan book. They saw it decline to about 25% in August, and it further rallied down to 4% by September.

Ethereum Genesis Global Trading
Source: CNBC

As the prices of Bitcoin approach “the magical” $6,000 – $5900 level, short sellers could start buying back in and quickly closing out their short positions.

13 Crypto Exchanges with the Lowest Fees (Blocklr), Rated: AAA

Over the last couple of years, crypto exchanges have been popping up around the world. Today, there are over 200 exchanges that conduct transactions using more than 7,000 pairs of crypto and fiat currencies.

However, out of these 200 cryptocurrency exchanges, the bulk of transactions is conducted on just 10. These 10 exchanges are responsible for over 80% of the daily crypto trading volume.

13. Coinbase

Coinbase includes a spread of 0.50% for each cryptocurrency. For example. if the price of a cryptocurrency is $1,000, then Coinbase will display a price for consumers of $1,005. In addition, it charges a Coinbase Fee, which can be either a flat fee or a variable fee that depends on the region and type of payment used.

12. BitMEX

The cryptocurrencies you can trade on BitMEX include Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Cardano (ADA), EOS (EOS), Litecoin (LTC), Ripple (XRP), and Tron (TRX).

It offers a 0.025% rebate to market takers in Bitcoin Futures and 0.050% for other crypto futures. On the other hand, it has a 0.075% fee for Bitcoin Futures takers and a 0.025% fee for other futures.

10. Coinbase Pro

8. Poloniex

Taker fees start at 0.20% for a volume of up to $10 million but reduce to 0.18% when the 3o-day trading volume is between $10 million and $15 million. After that, the fees are 0.02 percentage points lower for each $5.0 million increase in trading volume. When trading volume tops $30 million, the fee amounts to 0.10%.

For makers, there are no fees when the transaction volume exceeds $7.5 million and are between 0.02% and 0.10% for lower amounts.

7. Gemini

When it comes to fees, Gemini calculates a fee between 0.10% and 1.00% both makers and takers, although the actual fee varies depending on the trading volume.

5. Kraken

Kraken is one of the top 10 crypto exchanges with a total trading volume of over $120 million in the last 24 hours.

Market makers don’t pay any fees if their 30-day trading volume is above $10 million. However, if the volume falls, they have to pay a 0.02% fee, which can go up to 0.16% if the volume falls below $50,000. On the other hand, takers fees start at 0.26% if the trading volume is below $50,000 and can drop to 0.10% if the volume goes above $10 million.

3. Bitfinex

2. HitBTC

HitBTC charges market takers a 0.1% fee. Moreover, HitBTC rewards market makers with a 0.1% rebate.

1. Binance

Binance tops our list of crypto exchanges with lowest fees. It has a 24-hour trading volume of $917 million, which makes it the largest exchange in the world. Binance supports over 380 cryptocurrency and fiat currency pairs.

Both makers and takers are charged 0.10% if the trading volume is below 100 Bitcoins or below 50 BNB. For takers, the fees remain the same until the volume reaches 500 Bitcoin and 200 BNB. After that, takers’ fees go down. The lowest fee for takers is 0.04% for a trading volume above 150,000 Bitcoin and 11,000 BNB.

For makers decline to 0.090% if the volume exceeds 100 Bitcoin and 50 BNB. Makers fees continue to fall with higher volume until 0.020% that is charged if the trading volume exceeds 150,000 Bitcoin and 11,000 BNB.

Top 5 Crypto Performers Overview: Stellar, Ripple, NEO, Cardano, EOS (CoinTelegraph), Rated: AAA

Stellar bagged the pole position by gaining about 15 percent in the past seven days.

Stellar
Source: CoinTelegraph

The second best-performing cryptocurrency that is showing almost double-digit growth is Ripple, which has been in the news this whole month.

Currently, it is trading below both the 20-week EMA and the 50-week SMA, but is trying to form a higher low at $0.37185. The previous low was $0.25300. If the bulls succeed in pushing the price above $0.76440, it will indicate a probable bottom and might signal the start of a new uptrend. The higher levels to watch on the upside are $0.96 and $1.22.

The NEO/USD pair is looking weak as it is trading close to its year-to-date low of $13.60337627. There has been no visible bounce since early August, which shows a lack of buying interest. A break of the support levels will be very negative and can result in a drop to the next support at $6.47815308.

Cardano has shrugged off the infighting as the price went up by about 5 percent in the past seven days.

Cardano
Source: CoinTelegraph

The EOS/USD pair has been trading in the range $4.4930–$6.8299 for more than two months. The positive thing is that the bulls haven’t allowed the price to slip to the critical support at $3.8723. Instead, they are attempting to form a higher low at $4.4930.

Why Governments will trust Bitcoin and no other cryptocurrency ever (Coinnounce), Rated: AAA

The technological innovation with Bitcoin could improve the lives of the poor

It is self-understood and deep seeded that the Bitcoin and various other cryptocurrencies require the usage of Smartphones or any other electronic gadget, so as to undertake transactions in a simple manner. It must be emphasized that the users need not go to any of the banks or ATM to undertake the financial transactions. Therefore, the countries which are underprivileged with respect to such facilities of banks or ATMs then Cryptocurrencies like Bitcoin must be a great sigh of relief for the entire community of that particular country.

Bitcoin helps in controlling corruption, in countries, where the government is corroded with it

Tracking a person’s identity through his IP address along with the public key visible on the public blockchain is not that difficult. When the government would entirely run on Bitcoin, then there would be no room for corruption, as everyone’s account could be tracked easily through the main blockchain.

Bitcoin assists the government to bring stability to their economy

Bitcoin is inflation proof, where a centralized authority can’t control the production of Bitcoin. Even if the government undertakes the jurisdiction of Bitcoin and legalize it, they have no control over its circulation and production.

Decentralized nature of other altcoins

Bitcoin is preferred over other cryptocurrencies, as it is absolutely decentralized with no controlling authority. Other cryptocurrencies no matter how much ever decentralized they deem to be, have a particular owner and a governing organization (according to an article published on bitcoin.com) but Bitcoin is the odd one out.

3 Cryptocurrencies are Well-Settled to Beat BTC Price in Q4 (The Oofy), Rated: A

GOChain increased in price by 50% in just 48 hours; following other cryptocurrencies like VIBE, TRIG, EVX all enjoyed their rallies while increasing in price by 50 to 250%.

Bitcoin Cash (BCH) Price Prediction

After reaching an all-time high value of around $4000 in December 2017, Bitcoin Cash has tumbled downward since then.

Bitcoin Cash

Ambrosus (AMB) Future Forecasts

AMB has total $20 million market capitalization. However, if it reaches the target of $100 million then the price of AMB will increase by 500% (or 5 times).

Cardano (ADA) Future Forecasts

Cardano price today
Source: The Oofy

The Future of The Blockchain According to 7 Experts (Cryptoline News), Rated: A

The Need For Credible Crypto Backing Will Grow

Claus Jepsen believes that money, whether physical or virtual needs credible backing.

The Blockchain Will Continue to Mature and Strengthen

Allison Clift believes that as the blockchain technology that supports not only virtual currencies but other types of businesses matures we will continue to see its real value emerge.

Increase in Blockchain Based Government Systems

Rohan Pinto believes that the distributed ledger technology (DLT) is here to stay. Dubai is one city that has decided to take the lead when it comes to adopting emerging technologies. The city has vowed to replace all government systems with Blockchain structures by the year 2020.

There will be Transparency across Different Industries

Antonio Altamirano believes that the DLT will ensure there is transparency across different industries.

There will be Widespread Distributed Data Models

According to Billy Bosworth, the Blockchain has already highlighted a critical aspect of how data will work in the coming decades. A world where data will increasingly be distributed.

There will be More Standardization and Collaboration

Thiru Sivasubramanian believes one area that is likely to see advancement in Blockchain will be the standardization of interoperability among different blockchains.

There will be More DLT-Based Security Measures

Chalmers Brown sees more focus being placed on the powerful potential of the distributed ledger technology for financial and non-financial applications.

Salaries for blockchain engineers are skyrocketing, now on par with AI experts (CNBC), Rated: A

Blockchain engineers are making between $150,000 and $175,000 on average, according to global stats provided to CNBC by Hired, a San Francisco firm that helps clients recruit tech candidates. That’s quite a premium over the $135,000 salaries that typical software engineers earn on average, according to Hired, which uses data from its service to compile the stats.

3 WAYS CRYPTOCURRENCY INVESTORS CAN ADAPT TO MAKE MONEY IN 2019 (Bitcoinist), Rated: A

STRATEGY 1: GO LONG ON CRYPTO-STARTUPS WITH REAL WORLD PARTNERSHIPS

Of course, the cryptocurrency market is fast paced, high risk and possibly better suited to day traders in 2018, but a small selection of coins that one is willing to wait 2 to 5 years on might not be the worst idea.

Companies like IOTA, Ripple (XRP), GoByte (GBX), IOST and Stellar Lumens (XLM) are likely contenders.

STRATEGY 2: TAKE A BREAK AND LET ROBOTS HANDLE THE TRADING

Instead of focusing on 50 to 100 percent gains and attempting to time the market, investors could go for the low hanging fruit and let robots do all the hard work. Most cryptocurrencies fluctuate at least 1 to 2 percent daily and trading bots could easily cover this for investors 24-hours a day 7-days a week.

STRATEGY 3: RUN A MASTERNODE TO MAXIMIZE RETURNS WHILE ACCUMULATING EXTRA COINS

While operating a masternode tends to require a hefty initial investment, operators are rewarded with block rewards (tokens) of whichever cryptocurrency network they are supporting. Most operators are compensated with 5 to 20 percent of a block reward and these ‘rewards’ are meant to help compensate operators for the cost of running the node.

Currently, the cost of operating a GoByte masternode is a one-time investment of 1,001 GBX and potential investors can visit https://masternodes.online/currencies/GBX/ to learn more about the process. At the time of writing, the cost is roughly $890.00 and hosting is merely $1.21 to $5.00 per month.

How the Dollar-Backed Crypto Tether Might Be Influencing the Price of Bitcoin (TheStreet), Rated: A

There are many red flags surrounding the cryptocurrency Tether (USDT). The first is the lack of transparency surrounding the cryptocurrency.

Last week, cryptocurrencies jumped as the controversial dollar-pegged token Tether fell to $0.93 (it has since rebounded to $0.97). In turn, the price of Bitcoin, Ether and XRP rose 7% higher, according to CoinMarketCap data.

Monero (XMR) Serves as a Stronger Testing Ground for Bitcoin Than Litecoin, Concludes DAR (Blockmanity), Rated: A

Monero, the privacy based Cryptocurrency is often looked at as an experimental Testnet like Litecoin. Digital Asset Research concludes the other way around that Monero is a stronger testing ground for the experimental Bitcoin network than Litecoin.

Why do they conclude that? One Word: Bulletproof

See the full report here.

Will there be a SWIFT – Ripple Partnership Soon? (Ethereum World News), Rated: A

In fact, this controversial cryptocurrency has gained so much traction that it even “took” Ethereum’s place for several hours as the second most important cryptocurrency within the global market cap.

However, despite Ripple’s conceptual philosophy, many users have speculated about what the future of startup might be, and lately, there has been a rumor that SWIFT, the ultimate representative of the traditional money transmission system, would be in danger of being replaced by Ripple or even thinking about using its technology.

Ravencoin (RVN) Continues Surge, Up 200% Since Binance News (Ethereum World News), Rated: A

Preceding CZ’s tweets regarding the project, the crypto asset was worth $0.014 a pop and was seeing close-to-zero volume on the exchanges it was supported on. But, once the tweet quickly circulated through the cryptocurrency community, the altcoin saw a 1000% increase in volume, catalyzing an immediate 20% spike to $0.017. In the days that followed, Ravencoin saw continually growing volume figures, but the price of RVN remained relatively steady. However, as investors awoke on Tuesday, it became apparent that another price surge was in the cards, as RVN moved from $0.018 to $0.033 on Thursday afternoon.

Due to the fact that this second surge was seemingly a residual run-up following RVN’s Binance listing, the asset pulled back to $0.0279 on Saturday morning.

This bullish news saw RVN undergo its third surge in the past month, with volumes reaching their near all-time highs as the altcoin moved to $0.0415, a tad shy of its all-time high, which was set in March of this year. At the time of writing, RVN has slightly scaled back to $0.0407, but the digital asset is still posting a gain of 33.15% in the past 24 hours.

Ravencoin
Source: Ethereum World News
European Union

Ethereum Devs Reach Consensus to Delay Constantinople Hard Fork Until January 2019 (CoinTelegraph), Rated: AAA

Ethereum (ETH) core developers have reached a consensus to delay a planned hard fork of the protocol until January 2019, in a meeting Friday, Oct. 19.

Binance Launches Crypto Trading Strategy Competition; 8,000 BNB for Winner (Bitcoin Exchange Guide), Rated: A

Binance, the largest cryptocurrency exchange in the crypto market, has recently announced on its blog that the Binance Trading Strategy Competition has begun.

The competition will be held from  October 18 (so it has already started at the time of this report) and it will last until November 1.

The competition will be distributing a total of 37,000 Binance Coins (BNB), worth almost $370,000 USD due to its current value, which was $9,85 USD at the time of this report.

Binance Burns $ 17M Worth of BNB But Fails to Drive Up Market Price (Bitrates), Rated: B

Binance, the highest-volume crypto exchange, has announcedthat it has burned over 1.6 million of its BNB tokens, an amount of crypto that is currently worth $17 million.

Digital bank offers clients unique access to diamond ICO (Swissinfo), Rated: A

Swiss digital bank Swissquote is allowing clients to participate in initial coin offering (ICO) crowd investing schemes via its platform. Account holders will be able to buy tokens from industrial diamond manufacturer LakeDiamond, which is raising funds for new machinery.

Online Fiat Wallet Neteller Launches Cryptocurrency Exchange Service (Bitcoin.com), Rated: A

Digital fiat currency wallet provider Neteller has started allowing its users to buy, sell, and hold cryptocurrencies including BTC, BCH, ETH, ETC, and LTC. The cryptocurrency service is already live in 10 countries and the company “plans to roll it out to more than 50 additional markets.”

ING Bank Launches Zero-Knowledge Tech for Blockchain Privacy (CoinDesk), Rated: A

ING Bank is continuing further down the path of advanced blockchain privacy with the release of its Zero-Knowledge Set Membership (ZKSM) solution, announced this week at the Sibos banking conference.

Ledger’s CEO Wins Ernest & Young’s Coveted Award (CryptoDigest), Rated: B

Eric Larcheveque, the CEO of Ledger, has won Ernest & Young’s Entrepreneur of the Year Award for heading a start up with the greatest potential internationally.

United Kingdom

Vo1t: Inside The Secret Bunker Where Billions In Crypto Is Stored (Forbes), Rated: A

So, you’ve become a bitcoin billionaire, with a fast car, luxury mansion and jet-setting lifestyle. There’s just one problem, how on earth are you going to keep your newfound digital fortune safe?

At the end of a dark corridor, behind blast doors buried some 60 feet underground, in the bowel of an abandoned nuclear bunker, a secret data center might hold the answer.

China

Heads of Bitmain, Binance and Other Crypto-Related Businessmen Among China’s Richest (CoinTelegraph), Rated: AAA

The Hurun Research Institute released its annual China Rich List on October 10. Included in this list of 1,893 individuals are 14 people who have made their fortune from cryptocurrency and blockchain related business ventures.

crypto rich China
Source: CoinTelegraph

China requires blockchain-based information service providers to register users using real names, censor postings and store user data (SCMP), Rated: A

Under proposed new rules, companies and entities operating in China that provide blockchain-based information services will have to ask users to register their real names and national identification card numbers, censor content deemed to pose a threat to national security and store user data to allow inspection by authorities.

Is Demand For Bitcoin Mining in Decline? Chip Maker Slashes Target (NewsBTC), Rated: A

Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest dedicated independent chipmaker, has predicted a drop in demand from the cryptocurrency mining community in the fourth quarter this year. The growth target of 7 to 9 percent was slashed to 6.5 percent partly due to the demand dynamics of bitcoin miners.

Australia

NEM Foundation Launches Blockchain Hub in Melbourne (CCN), Rated: AAA

Melbourne is now home to a new blockchain hub where NEM representatives will provide support to members of the public on blockchain technology and cryptocurrency.

A high profile crypto project briefly endorsed by Michael Clarke has gone down in flames (Business Insider), Rated: A

Global Tech, the crypto startup backed by former Aussie cricket captain Michael Clarke, is no longer.

The entity has announced that its initial coin offering (ICO) has been blocked by ASIC, the corporate regulator.

Asia

Monero Becomes Bulletproof (Medium), Rated: AAA

A couple of weeks ago, we shared some of the findings of our report on Zcash and made strong assertions about its technology. While we never intended for it to be an attack on Monero, it was certainly perceived as such by some in the community — especially after the media picked up the story.

What was overlooked was the fact that, like Zcash, we also see tremendous potential in Monero.

In fact, as I will describe in this post, Monero and Zcash are about to be become cousins once Bulletproofs activate on Monero’s mainnet on Thursday.

Monero
Source: Digital Asset Research

The idea behind a Ring Signature scheme is simple, yet very powerful. The true sender of a message combines his or her own signature with multiple other signers to create a unified digital signature. Rather than a single identity, this unified digital signature represents a group. E-cash pioneer David Chaum and researcher Eugene van Heyst first described such a system in a 1991 paper, when they were working with the Dutch government on a cryptographically-sound voting system.

real signature
Source: Digital Asset Research

In Monero’s terminology, a decoy signer pulled from historical transactions is called a mixin. 

iVendPay Founder Sergey Danilov on Bringing Cryptocurrency Vending Machines to Asia (CCN), Rated: A

Smart vending machines capable of handling cryptocurrency payments will be installed throughout Malaysia and Israel by the end of 2018 as a result of a partnership between iVendpay and GoByte.

The smart vending machines process payments in under 3 seconds with no fees.

Latin America

Brazil’s Largest Bitcoin Exchange Just Fired ‘at Least’ 20 Employees (CCN), Rated: AAA

Mercado Bitcoin, Brazil’s largest cryptocurrency exchange by trading volume, recently fired “at least” 20 employees amid restructuring efforts being made to “focus on professionalization, better governance and more agility in customer service.”

Authors:

George Popescu
George Popescu
Allen Taylor
Allen Taylor

About the author

Allen Taylor

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