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  2. No, the U.S. government didn't officially recognize Craig Wright as Satoshi. View the full article
  3. The Ethereum Foundation has released its Spring 2019 update, reporting the status of its ongoing initiatives and outlining the its plans for the next year. Although it’s hardly bedtime reading, the blog post outlines the development plans for the largest smart-contract ecosystem, including a substantial investment in Ethereum’s next upgrade. $30 Million Investment Over the Next 12 Months The biggest revelation is that the Foundation has earmarked $30 million to invest in the Ethereum ecosystem over the next twelve months. Of this, $19 million will be allocated to developing “the Ethereum of tomorrow,” aka Ethereum 2.0. The 2.0 initiatives include state channels and the Plasma scaling protocol as second-layer solutions, zero-knowledge R&D, and development of smart contract languages. As the post explains, over the past year Ethereum 2.0 advanced from a research project to an engineering effort. Therefore, the funding will be spent on engineering activities as well as attracting key developer talent from within the academic community. As is to be expected in a new and burgeoning sector, developer talent is one of the biggest bottlenecks. The Foundation is now opting to tap into academic institutions as part of its future development plans. From the $30m allocation, $3m is being put towards developer relations, education, and onboarding. The body is also planning a specific focus on Asia, given the opportunities for growth. A further $8m will be allocated to “the Ethereum of today,” sustaining Ethereum’s position as the worlds biggest smart contract platform. On a tactical level, these funds will be directed into ongoing initiatives. These include Geth, which is an implementation of an Ethereum node in the Go programming language, and Solidity, Ethereum’s native programming language. Other Key Points While the $30m investment is the main headline, the Foundation also took the opportunity to clarify its role in the broader Ethereum ecosystem. The Foundation holds 0.6% of all circulating ETH (around $155m at today’s prices) as well as cash reserves. Since these reserves will deplete over time, the Foundation will also encourage funding from other sources. According to the update, the Foundation intends to take on a more active voice in the Ethereum community, where it can “bring attention to important but relatively unknown projects, [and] share valuable information about Ethereum’s progress with the public.” Keeping Ahead Of the Crowd Ethereum’s first-mover advantage is rapidly diminishing, with stiff competition from the likes of EOS, TRON, and Zilliqa. After frustrating delays with the Casper and sharding protocols, the investment of 20% of the Foundation’s ETH reserves in development should be encouraging to ETH investors. It will also help links with academic and technical communities outside the crypto world, attracting much-needed talent as well as building a solid marketing base for bringing in more outside investment. Despite the challenges, ether tokens continue to perform well, with a healthy medium-term outlook. Overall, Ethereum is continuing to hold its own, even in the face of heavy competition. The post Ethereum Foundation Earmarks $20M For ETH 2.0 appeared first on Crypto Briefing. View the full article
  4. Real easy way to get some free crypto.
  5. A bitcoin transaction mixer has been seized and shut down by authorities in the European Union. View the full article
  6. Ethereum (ETH) up 15.8 percent $30 million set aside for Ethereum’s ecosystem development The Ethereum Foundation appears to be fast-tracking Ethereum 2.0 development after committing $30 million. Once Ethereum 2.0 activation, ETH bulls will benefit, and prices may soar back to their all-time highs. Ethereum Price Analysis Fundamentals Overly, Bitcoin price expansion in the last seven weeks or so was beneficial for altcoins, especially Ethereum (ETH). In May alone, the second most liquid asset rallied 55 percent after sinking to $75 in Dec 2018. However, with streams of supportive fundamentals and determination of the Ethereum Foundation to roll out Ethereum 2.0 on time could be the momentum behind Ethereum (ETH) price resilience. Towards achieving their objectives, the Ethereum Foundation is committing $30 million over a year saying the funds will primarily cover ecosystem development with a focus on layer-2 solution Plasma, their key developers and maintenance of Ethereum 1.0. As the race for scalability heats up, it is inevitable for Ethereum to continuously improve its source code now that recent findings reveal that albeit the low throughput, the platform has a mature ecosystem while active developers keen on ensuring the network remains decentralized and distributed as possible. Of the $30 million, $19 million will go towards building an excellent platform, the “Ethereum of tomorrow” opening up smart contract languages and putting more research towards the eventual implementation of zero-knowledge proofs that Vitalik had said would concurrently scale Ethereum without opting for layer-two solutions or shards. Candlestick Arrangement Up 15.8 percent in the last week, Ethereum (ETH) bulls are steadfast and in control. Even though we are definite, expecting prices to rally past our resistance lines at $275 towards $300, prices are consolidating within a $25 range inside May 19th high low which is bullish now that the uptrend is clear. Therefore, unless otherwise, prices breach $275 reversing losses of late last week in a trend continuation phase complete with high participation levels hinting of underlying momentum, then conservative traders ought to stay on the sidelines until our trade conditions are valid. Before then, aggressive traders can search for undervaluation in smaller time frames and load up on dips with stops at $230. From our last ETH/USD trade plan, any drop below May 19th low invalidates our bullish outlook giving room for a retracement, a retest, towards the $170 to $190 support zone. Technical Indicators As a result, our anchor bar is May 19th bull bar with 271k in volumes. Breaks or drops below $275 or $230 must be at the back of high transaction volumes above 271k or preferably 822k of May 16th. Chart courtesy of Trading View. Image Courtesy of Shutterstock The post Ethereum Foundation’s Determination is “Very” Bullish for ETH appeared first on NewsBTC. View the full article
  7. Due to the declining popularity of Initial Coin Offerings (ICOs), would-be investors in cryptocurrencies and blockchain projects that are wanting to raise funds for their endeavors have been turning to the more rigid Security Token Offerings (STOs) due to their increased security and the fact that they align with SEC regulations. This is much to the annoyance of many members of the crypto community, who believe that STOs are counterproductive to the point of token offerings, which is to allow crowdfunding without numerous barriers. SO if you read until this point and find it interesting here is The Full IEO guide
  8. By CCN: We previously reported on Craig Wright’s legal actions against Peter McCormack, host of the What Bitcoin Did podcast. Wright claims McCormack engaged in libel by calling him a “fraud” for claiming to be Satoshi Nakamoto. McCormack has received his second notice from Wright’s legal team, which claims in part that the podcaster failed to acknowledge the suit against him properly. The following is the latest letter from his solicitors of Craig Wright. Based on the copyright news yesterday, it is very clear their game plan. I have until Friday to make a decision. Not contesting this is an The post Fuming Craig Wright Demands Podcaster Tell Court He Created Bitcoin appeared first on CCN View the full article
  9. Today
  10. A common meme in the cryptocurrency space is that it has the potential to help people in countries where only the rich and powerful access to global financial ...
  11. Fresh from integrating Apple Pay into its iOS app, the company behind a multicurrency digital wallet says support for Google Pay will come within weeks #SPONSORED View the full article
  12. Bitcoin and crypto at critical levels! Don't make the same mistakes as last time! Tether admits it bought $BTC with $USDT, the real problem with #cryptocurrency, ...
  13. Why am I experiencing a mnemonic seed recovery failure? What are derivation paths? Is there a security risk for watch-only wallets with the master public key?
  14. smoe

    [email protected]

    Yes, [email protected] is back with the new "Scraper" since 4.0.3.
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  16. Veteran gold bug Peter Schiff still thinks gold will win out over Bitcoin – because it is allegedly easier to shut Bitcoin down. Peter Schiff: Bitcoin Won’t See Use If ‘Illegal’ That was one of the conclusions in a wide-ranging debate Schiff had with ‘The Bitcoin Standard’ author Saifedean Ammous on trader Tone Vays’ YouTube channel May 20. A much-anticipated showdown for the cryptocurrency community, Ammous spent 90 minutes trying to argue against Schiff’s position that gold is – and always will be – superior to ‘digital gold.’ “You can’t build a global money transfer system based on gold because governments have confiscated gold in the 1930s, governments still control the majority of gold, governments are able to influence the market for gold through their sales and lending… and governments own a big chunk of the gold,” Ammous said. Schiff has become an increasingly vocal proponent of the precious metal as Bitcoin advocates increasingly forecast its downfall as a global store of value. The precious metal’s unwieldiness – and hence lack of security and utility – make it unable to match BTC as one-size-fits-all money consumers can transact in securely and save with confidence, they say. For Schiff, this is incorrect. “I can transfer my rights to my gold – I can have gold sitting in a vault in Brinks and I can send my ownership rights instantly for free,” he summarized, adding the electricity cost of the Bitcoin network additionally made it inferior – especially as there was “no value” behind it. ‘Digital Gold’ Should Make Schiff Worried Ammous contended that this “value” was also missing in items such as computer files, which Schiff would nonetheless pay money to preserve if a hacker seized control of his physical computer. The gold mogul did receive support, even from within cryptocurrency. Barry Silbert, founder and CEO of Digital Currency Group, applauded him for his public dedication to preserving gold’s integrity, even if this was ostensibly misplaced. “Amazing to me that a $8 trillion asset class has so few public advocates. The bench of informed bitcoin proponents is super deep and growing,” he tweeted following the interview. Others were less forgiving. A chart of the ratio of gold to Bitcoin disproving Schiff’s vision of decreasing popularity and value is now circulating on social media. Even for Ammous, however, the end game for the yellow metal at the hands of Bitcoin is not a certainty. Despite its node setup being naturally more resistant to government takeover – even if authorities worldwide deem it illegal – Bitcoin could still become more centralized than is desired. “My point is that even in the worst case scenario bitcoin can support thousands of final clearance banks, which is thousands more than the single-node USD or gold systems of the last century,” he said on Twitter paraphrasing his interview response. “It thus has a much better chance at resisting centralization. I can’t promise it will!” What do you think about Bitcoin vesus the yellow metal? Let us know in the comments below! Images via Shutterstock The post Peter Schiff Believes Gov’t Can Shut Down Bitcoin More Easily Than Gold appeared first on Bitcoinist.com. View the full article
  17. Bitcoin (BTC) ranging but stable A portion of Tether reserves was used to invest in Bitcoin (BTC) Tether and iFinex, the parent company, are controversial though they play a crucial role in the ecosystem. Despite their claim that every USDT in circulation is pegged 1:1 against the USD, it appears that they are also investing in Bitcoin and other assets according to the latest Supreme Court transcript. Bitcoin Price Analysis Fundamentals The controversy around Tether Limited, the official issuer of USDT or Tether, appears to be perpetual. A few weeks after the New York office of the Attorney General accused BitFinex of fraud, it is now emerging that Tether Limited used some of their reserves to invest in Bitcoin and other “assets” extending beyond cash and its equivalent as mentioned in their homepage. Questioning this decision, New York Supreme Court judge Joel M. Cohen said: “Tether sounded to me like sort of the calm in the storm of cryptocurrency trading. And so, if Tether is backed by Bitcoin, how is that consistent? If some of your assets are in a volatile currency that Tether is supposed to somehow modulate, that seems like it’s playing into what they are saying.” While the role of BitFinex and Tether cannot be understated, their somewhat opaque operation is everything against blockchain principles. Therefore, this revelation will draw more questions weeks after BitFinex commingled with Tether (USDT) reserves. Candlestick Arrangement At the time of press, Bitcoin (BTC) is down 1.6 percent and back in red. Even so, the fact that prices is trending inside May 19th high low is bullish from an effort versus result perspective. Although we expect BTC bulls to take charge and edge higher in line with our interpretation of candlestick arrangements, bears of May 17th may flow back if bulls fail to close above $8,500 as mentioned in our last BTC/USD trade plan. If anything, it is crucial that buyers overcome this resistance, break above this minor consolidation as bulls aim for $10k. If not and prices print lower in days ahead, wiping out gains of May 19th as bears of May 16th and 17th flow back confirming the double bar bear reversal pattern, then prices may retest $6,600. Technical Indicators To reiterate our stance, buyers are in control. However, it is ideal that prices close above $8,500. Propelling this up thrust should be high transaction volumes exceeding 25k and most importantly 47k of May 13th. Conversely, any drop below $6,600 should be with equally high volumes halting our stance. Chart courtesy of Trading View. Image Courtesy of Shutterstock The post Tether Limited “Investing” in Bitcoin (BTC) is a Bullish Signal appeared first on NewsBTC. View the full article
  18. Cryptopia’s liquidation serves to warn crypto traders of potential risks surrounding centralized exchanges View the full article
  19. BTC - Bitcoin Technical Analysis price today 22.5.19 Bitcoin remains within a nice parallel channel and importantly over the .382 Fib, while alt coins such as ...
  20. By CCN: The Litecoin price has enjoyed a breakneck bull run in 2019, launching the cryptocurrency nearly 200 percent higher in less than six months. But while cautious investors might be tempted to take their profits and run, a crucial upcoming event could send Litecoin another 140% higher over the next three months, enabling LTC to eclipse the $220 mark for the first time in more than a year. The trigger from this mammoth ascent? Litecoin’s long-awaited “halvening,” which will slash block rewards by 50%, from 25 LTC to 12.5 LTC. Historically, such halvenings (or “halvings”) have proven to be The post Why Litecoin Will Skyrocket 140% in Less Than 3 Months & Hit $220 appeared first on CCN View the full article
  21. MasterGeret

    In which altcoin to invest?

    Nowadays there are a lot of some tokens that can bring you good profit if you are trading because they are very flexible in the market due to some obvious reasons. Check bancor price, for example, and compare with last week. I think that you will be interested in that. I prefer to diversify my funds between a lot of trading "baskets" and coins.
  22. Satoshiquest- Unlimited satoshi with surf,10 sec.ads,offers etc.,-Low Min.+Proof
  23. A group of four banks have successfully issued a promissory note, a type of legally binding loan agreement, through a new blockchain platform View the full article
  24. Decentralization is not only a feature of the cryptocurrency industry; for many, it’s the defining cause. The centralization of power and money in the hands of the few has inspired crypto advocates around the globe to seek a path toward a fairer, more equitable society. The distribution of wealth is one factor in that quest: but equally important is the distribution of decision-making. And particularly, the notion that having proverbial skin in the game counts for something. That’s why we have proof-of-stake, a consensus mechanism designed to avoid the oft-perceived ‘selfishness’ of proof-of-work cryptocurrencies. While variations exist, and the debate over the merits of the two continues, most agree that proof-of-stake – when implemented correctly – can offer somewhat more ‘democratic’ solutions than PoW. If decentralization offers governance-based democracies that essentially hard code fairness into their systems, then participation in those democracies becomes crucial to the mission. The cause of decentralized decision-making is being put to the test right now, as a proof-of-stake blockchain project is polling its stakeholders on a unique maneuver to fit a unique situation. What BitGreen Is Doing… BitGreen, with a market capitalization of around $6M, is asking its stakeholders to vote on a proposal to implement a wallet update – which, if passed, would then enable the blockchain to fork – in a direct response to the Cryptopia exchange fiasco. While the blockchain proposal acknowledges that “So far, Cryptopia has operated ethically–they have rapidly implemented protocol fixes and froze stolen community funds when reported. There is no evidence to suggest they will perform an unfavorable settlement to depositors,” some community members are unconvinced that Cryptopia will dutifully return all funds to their rightful owners. Among them is Jason Stone, Founder of Battlestar Capital – one of the world’s largest service providers for Proof of Stake chains. “As a service provider for the BitGreen community, we felt that the most important aspect of our role, regardless of the outcome, was to ensure our clients participate in the vote: as a fair, value-add service provider, ultimately it is our responsibility to act as a custodian of good governance.” According to Stone, discord channels have seen heated debates between community members regarding the best, and most practical measures to respond to the Cryptopia situation. And he believes that since these debates are revolving around the kind of serious governance issues that blockchains will have to address at some point, they are healthy – even when the participants are fired-up. The Cryptopia Hack New Zealand exchange Cryptopia was hacked in January this year, losing around $16 million of customer funds. The hack may have been the result of lax security, and the proceeds appear to have been on the move in recent days – Huobi claims to have frozen some of those assets, which have been publicly tracked by Telegram user Whale Alert. The response of the exchange was underwhelming, and heavily-criticized. Some users reported that they would be taking ‘haircuts’ – percentages of their total account value in BTC would go towards covering the losses – essentially, the exchange would spread the losses of the ETH and ERC-20 tokens amongst its users. Blockonomi reported that these haircuts would range in value, from 14% for Bitcoin to 43% for Litecoin – and 100% for Ethereum. The exchange closed for a while, then reopened for the resumption of trading – but although BTC, LTC and DOGE deposits were allowed, withdrawals of anything other than those three coins were never enabled again. Poor customer communication compounded the issues, and on May 15th the exchange was placed into the hands of liquidators Grant Thornton of New Zealand – despite promising for months that withdrawals of altcoins would be enabled. And here’s where it gets interesting. Why Is This Small Exchange A Battleground? A surprisingly large number of small-cap blockchain projects were listed on Cryptopia. And for many of them, the exchange represented a significant portion – or even a majority – of their total liquidity. BitGreen. ColossusXT. Linda. Polis. Bulwark… to name a few. Although they may not all be household names, when the value of these coins is aggregated, millions of dollars are at stake. The closure of the exchange may prove devastating to the participants in those blockchains’ ecosystems: not only is a significant portion of their supply now locked, but the liquidity that feeds chain health and management is ebbing and the stakeholders are losing their opportunity to benefit from the economy. Before Cryptopia was placed into the hands of the liquidators, these tokens were transferred into a number of wallets – one for each chain, in fact. That was a mistake. The Role of Centralized Exchanges Centralized exchanges are widely-regarded to have most of the power in the cryptocurrency world these days – perhaps even more than the miners who have dictated many of the more dramatic events in recent crypto history, such as Bitcoin hard forks. The outsized influence of Binance, for example, was illustrated recently when CEO Changpeng Zhao unilaterally delisted Bitcoin SV, ostensibly to punish Craig Wright for bullying tactics in the community. Binance has almost single-handedly revived the concept of globalized crowdfunding this year, leading the way with its Initial Exchange Offering platform, Launchpad, and spawning a variety of imitators who have brought new projects to market with varying degrees of success. Successful exchanges are knife-sharpening specialists in a cutthroat industry. But when a centralized exchange closes down (and, let’s be generous, assuming it’s not an exit scam) what happens next? According to the front page of Cryptopia’s defunct website, “The liquidators are focused on securing the assets for the benefit of all stakeholders.” “Stakeholders” is a very broad term; and the customers and project developers for tokens like BitGreen are unconvinced that their best interests will be represented when it comes to liquidating the remaining assets. Decentralization In Action With the tokens for each chain held in just one wallet, the Masternodes (the participants that support the network’s integrity) were presented with an opportunity. In the world of crypto, ‘reorg’ is a dirty word. It’s shorthand for “messing with the blockchain” – and given that the immutability of the distributed ledger is its defining characteristic, suggesting a reorg is essentially like asking a vegetarian to eat his cat. (Interestingly, Binance’s CEO broadcast is thoughts on the notion of a reorg to the Bitcoin blockchain after a recent 7,000 BTC hack on his exchange – resulting in some passionate arguments that forced him into an apologetic climbdown… and neatly diverting the conversation from the missing $40M.) So a reorg was off the table; but in the case of Cryptopia, it wouldn’t be necessary – because by placing all of the individual blockchain’s tokens into a single wallet, the exchange offered them up on a platter. The assets could be frozen, sure – but not by the liquidators, or whoever placed the tokens into those wallets in the first place. They could be ‘frozen’ by the real stakeholders: the people who owned the tokens. A Master(node) Plan Since the parties involved value the tenets of decentralization, they couldn’t, and wouldn’t, force a hard fork (a chain split that decouples one future from another; the history for both chains remains the same, but their future diverges). So instead – and according to the rules of good governance and fairness – they started by asking their communities what they should do. Reuben Yap, CEO of Zcoin, is an outspoken advocate of good governance – and his blockchain project was recently used by the Thai Democratic Party to ensure the integrity of a leadership election. “Although many believe that the ‘code is law’ and ‘blockchain is immutable’, edge cases like this bring both important legal and ethical considerations. With masternode coins, this is even more prominent as many have implemented governance via masternode voting to make decisions on its network and require developers to make changes to enforce them. Purely enforcing ‘code is law’ in this scenario breaches the social contract the project has with its users. It also brings up interesting questions as to whether funds stored with an exchange are merely debts owed to customers (in which the funds will form part of the assets to be liquidated) or are actually customers’ property (which will have to be returned).” The BitGreen vote began yesterday: of the 2,176 nodes with a say, the vote currently looks like this: Total number of nodes voted: 660 (30%) Total yes votes: 343 (52%) Needed yes votes for this Proposal: 1091 While the positives of a ‘yes’ vote may seem fairly clear, there are downsides too. A ‘yes’ is a show of power. It demonstrates that blockchains do NOT need to be completely at the mercy of centralized exchanges, and that stakeholders hold the (private) keys to their own destiny. But on the flipside, what does that vote say about the nature of decentralization? The egalitarian nature of the BitGreen scenario need not be a blueprint only for good – it’s easy to see how it could be co-opted by those with darker agendas. And of course, there’s the minor fact that the legal situation is unclear. A yes vote, followed by 51% of nodes updating the wallet, would effectively lockout a designated custodian. Why Participation Matters Jill Richmond, Founder of the Digital Asset Trade Association (DATA) and BitGreen spokesperson, explained that “The debate has been a contentious one in the BitG community, but isn’t that where battleground should be? Ultimately, we have an opportunity to demonstrate the power of decentralized governance in making somewhat preventative but equally critical decisions.” Jason Stone feels vindicated in the pursuit of a vote, no matter the outcome. “Participation, and adhering to the group’s collective beliefs, is what is most important to us. Battlestar contacted clients within an hour of the vote proposal; we were surprised and humbled that over 70% of clients with a vote to cast responded with their preference within 24 hours of notification. And yes, we will continue to pester every one of our clients with a vote to cast, until they either do so, or abstain!” Governance is regarded by many as one of the evolutionary hurdles for blockchain. The technology is an enabler – but an enabler of what? His view is that a successful vote is one which demonstrates that “…the people who own these coins pay attention to what’s happening in their ecosystem. We believe that interest in governance and progress is directly correlated to the growth in technology and value of these projects.” Democracies have a habit of throwing up unexpected consequences – and the legal framework that grows up around them is often messy, becoming increasingly granular over time. As evidenced by the BitGreen vote, blockchain is beginning to face questions of self-governance, looking to find the equilibrium between idealism and pragmatism. In other words, it’s growing up. One of the beautiful things about the blockchain: you can watch the vote right here. The post What’s At Stake: How Blockchain Governance Found Its Voice Over The Cryptopia Hack appeared first on Crypto Briefing. View the full article
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