World’s Best Crypto suggestions

China’s state-sponsored Blockchain Service Network (BSN) is reportedly moving to start integrating with public blockchains like Ethereum and Nervos Network. News of these potential integrations come just a week after news broke about the BSN utilizing Chainlink Oracles to increase the speed and security of transactions taking place on-chain. This news seems to bode well for the blockchains and projects involved, and one venture capitalist believes that it will help advance the Chinese crypto sector – which has previously been strangled by regulations. China’s National Blockchain Service Network to Integrate Ethereum, Report Claims China’s BSN is a national blockchain that is backed by the country’s State Information Center, China Mobile, UnionPay, and others, although the country keeps most of the details regarding this initiative secret. It now appears that the BSN is moving to integrate decentralized and public blockchains into their network, including Ethereum and Nervos. Ac

Hello all would like to get a feel for what others do. I’m wondering if to CoinJoin, and for what purpose? Should you CJ all your funds? What are the pros and cons of CoinJoin? Thank you! 😊 submitted by /u/DesperateClue8 [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3i8R4Wt

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A Nikkei article states that Soramitsu will start testing its ‘White Tiger’ digital currency for retailers at a university in Fukushima. Japanese blockchain company Soramitsu announced it would start testing a new local digital currency for retailers at the University of Aizu. According to a June 29 report in the Nikkei newspaper , Soramitsu will begin testing “White Tiger,” a digital currency sitting on the company’s native Hyperledger Iroha blockchain. The digital asset will be tested at cafeterias and shops at the University of Aizu in Fukushima Prefecture, 300 km north of Tokyo, starting on July 1 before gradually being utilized at locations off campus.  The introduction of White Tiger is part of a smart city campaign by public officials and private entities in the City of Aizu-Wakamatsu. Participating stores will be able to receive digital payments from the area’s roughly 120,000 residents through smartphone apps or charge cards. Soramitsu, based in Tokyo, is one of the blo

Ethereum has been woefully underperforming Bitcoin over the past few days, with the cryptocurrency’s USD pair fast approaching a crucial “last-ditch” support level could catalyze a massive downtrend – should it be broken below. The weakness ETH has seen against both USD and BTC has come about despite it incurring massive fundamental growth. The cryptocurrency has seen its daily transaction volume rocket to its 2017 highs, with the explosively popular DeFi trend directing massive user inflows to the ETH blockchain. This has created a divergence between Ethereum’s technical and fundamental strength. Analysts don’t believe that the fundamental growth seen in recent weeks will be enough to stop it from seeing further downside. One analyst is now calling for a 20% decline against its Bitcoin trading pair. This weakness could be compounded by a massive influx of tokens into exchange wallets, signaling that investors are prepared to offload their Ethereum holdings if it makes any big n

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Ethereum-based predictions platform Augur announced it would be launching the second version of its platform starting on July 28. Blockchain-powered event betting company Augur says that users of its REP cryptocurrency need to migrate their tokens once a new version of the platform is available starting July 28. According to an announcement posted to the platform’s website on June 29, Augur v2 will launch on the Ethereum ( ETH ) mainnet at the end of next month. This means that REP token holders need to manually migrate their coins to the new version, REPv2. Augur stated that current tokens will be renamed “REPv1” to lessen any confusion. ‘Use it or lose it’ says platform In addition, the company said the release of Augur v2 would require all REP token holders to participate in any forking, should it occur. Those who fail to do so within 60 days will have their holdings “forever unable to participate in any of the forked and future universes of Augur.”  However, the platform emp

While Bitcoin has seen its fair share of short-term volatility, on a macro scale the cryptocurrency is still consolidating. The below chart from Blockroots founder Josh Rager, a crypto trader, displays this well. The chart shows that over the past ~seven weeks, BTC has been effectively trapped between $8,500 and $10,000. Each breakout has failed to lead to a follow-through. Chart of BTC’s price action over recent months by Josh Rager (@Josh_rager on Twitter). Chart from Tradingview.com Yet the consolidation is reaching a breaking point: volatility indicators show that any day now, Bitcoin will finally move out of the range. And considering the length and magnitude of this consolidation, it could be “huge.” Related Reading: A Hacker Just Drained $500k in Ethereum & Altcoins From a DeFi App Bitcoin Could Soon See a Massive Move, Analysts Say According to the analysts at Bitcoin Bravado, a crypto research group, a “huge” move in these markets is coming: “BTC volatility is cu

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Crypto derivatives giant BitMEX announced it would be launching corporate services for customers at the exchange. Hong Kong-based cryptocurrency derivatives exchange BitMEX is launching a new program with benefits for its corporate clients including enhanced security service, and accounting. According to a June 22 announcement on BitMEX’s support page, the exchange is launching a new program for corporate customers, BitMEX Corporate. Accounts on the crypto exchange that are not owned and operated by an individual can now ensure their BitMEX holdings are the legal property of a corporation. BitMEX said the new features were created for clients who need “different ownership structures for their accounts”, the means for their employees to access and manage accounts, and security requirements. However, the announcement also stated that options like multi-user login and instant transfers between accounts would be available later in 2020. Still mired in controversy Though BitMEX remai

Ethereum’s budding decentralized finance ecosystem has gone parabolic over recent weeks. The value of cryptocurrencies locked in DeFi applications has skyrocketed to $1.65 billion, 65% higher than this metric was just 12 days ago. Simultaneously, the number of users leveraging applications like Compound, Maker, and Synthetix has skyrocketed. Unfortunately, a purported hack just took place that may temporarily slow DeFi’s growth. $500k in Ethereum and Other Altcoins Stolen in Hack Early Sunday afternoon, reports started to spread via social media that a DeFi hack/attack took place. Word first spread via Telegram, according to The Block’s Steven Zheng . An admin of a Telegram group noticed that there was an issue with Balancer, a DeFi protocol focused on facilitating token swaps. “Apparently someone drained a Balancer Pool made up of WETH and STA and got away with $500k worth of WETH,” Zheng wrote, becoming one of the first to spread news of this via Twitter. Hours after Zheng

A hacker took over my Coinbase account and stole what amounted to a little over two bitcoins. I reached out to Coinbase customer service, and they didn’t answer. In fact it was an automated message and I was hung up on. I then emailed Coinbase detailing the situation and this is how they responded: “Hello Saul, Thank you for contacting Coinbase about the unauthorized activity on your account. We appreciate your patience while we work through a high volume of support tickets. Before we can restore access to your account, we need you to confirm that you have taken the following security precautions: 1) Scan your devices with anti-virus software and ensure that your device’s operating systems are up to date. 2) Reset your email’s password to something that is long, random, and unique to your email account. You should also enable 2-step verification if you have not already done so. Additionally, please check for any unfamiliar rules, filters, forwarding addresses, or recovery emails.

Ethereum’s weakness as of late has primarily been rooted in that seen by Bitcoin. From a fundamental perspective, the cryptocurrency is arguably at one of its strongest points ever, with daily transactions recently breaking 1 million while its userbase sees massive growth. This strength has not translated into positive price action yet, as all of the profits within the Ethereum ecosystem have been limited to the booming DeFi sector. It is a strong possibility that some of these profits will cycle into ETH, but it remains unclear as to how long it might be before this takes place. In the near-term, analysts do believe Ethereum is positioning to see further weakness as it continues underperforming Bitcoin. One analyst is even noting that a break below the crucial support that it is currently hovering above could be all that is needed to send it reeling to below $170. This decline could come about in the next few days if buyers continue losing their strength. Ethereum Has Yet to En

I have seen a post with this same idea on this sub before, but I think we should keep having the conversation. Since there are only 21m Bitcoins in existence, if mainstream adoption takes place 99% of the global population will not be able to hold whole coins. Therefore, it would make more sense to focus commerce from the perspective of say 100,000 satoshi rather than 0.001 Bitcoin. I have even seen someone propose that we flip the terminology so that 100,000,000 “bitcoins” equal a whole “satoshi”. Would this kind of approach make the protocol more palatable to a larger audience? submitted by /u/Pathfinder608 [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/2YGVKLy

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So far, I've not found any commentary about the network settings of the Green Wallet. Found nothing on their site and did not find a sub for them on Reddit. Neither proxy nor tor has ever functioned. Always a failure to either connect my node, or to even hit the ON switch for a Tor connection. Any skinny on these setting would be welcome. OTOH, Bluewallet connects to my Node without a problem. submitted by /u/PeteDaKat [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/2CTniF7

After a more than 150% rally from March’s lows, Bitcoin’s upward momentum has petered out over recent weeks. For nearly two months, the cryptocurrency has been caught in a tight range between $8,500-10,000. This has resulted in a key trend indicator halting its uptrend. According to a trader, if the indicator slides further, there’s a high chance a strong drop will ensue. Related Reading: There’s a Bitfinex “Whale” Looking to Buy Bitcoin in the High-$8,000s Bitcoin Could Drop as Trend Indicator Poises to Roll Over According to a trader , Bitcoin’s one-week Stochastic RSI reading is about to print a bearish sign: a bearish crossover while the Stochastic is above 70. Each time this sign has appeared in BTC’s history, a “pretty heavy correction” followed suit. For instance, near the $10,500 highs earlier this year, the indicator saw a bearish crossover prior to the 60% correction. Long-term Bitcoin Stoch RSI analysis by trader "Coiner-Yadox" (@Yodaskk on Twitter). Chart f

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Growing With Blockchain is a book for business decision makers who want to discover more about the possibilities of blockchain technology. Growing With Blockchain: From Disruptive Potential to Operational Reality, as its title suggests, is about blockchain. Specifically, it is about turning the disruptive potential of blockchain into an operational reality, in order to help your business grow. It is aimed squarely at decision makers, particularly those who may already be considering the possibilities of blockchain technology for their company. It comprises 19 short essays (and a foreword), written by 18 of the leading blockchain performers. It should be noted that this book is written from a U.K. perspective, although a few chapters focus on subjects that are U.K. specific. Each chapter looks at a particular aspect of blockchain technology and how it can be utilized by businesses. Although the book is “blockchain, not Bitcoin,” it does look at payments as an application of blockc

In 2017 and 2018, thousands of entrepreneurs were attempting to launch their own crypto project to capitalize on the bubble-like conditions. Due to the mania, there are now over 5,000 digital assets listed on CoinMarketCap — and there are likely thousands of others that failed to make the cut. Unsurprisingly, not everyone is convinced that all players in such a saturated market have value. One prominent venture capitalist, in fact, went as far as to say that 99% of crypto projects are simply “garbage.” Related Reading: DeFi Effect: Scaling Debate Begins as Ethereum Fees Reach Two-Year Highs Most Crypto Projects Are “Garbage”  Jason Calacanis is a prominent entrepreneur, author, and angel investor. If you’ve heard of him, it’s likely because of his angel investments in Robinhood, Uber, and Trello. He’s also interested in the crypto space. In 2019, he was bearish, postulating that Bitcoin could fall to $500. Yet, the investor has recently begun to change his mind, telling Morgan

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First off, i'll come out and say it. I'm not on the hold bitcoin forever train. Im more of a, deposit $ on to bitcoin and try and use it as I would my bank account but hoping to get some solid ROI instead of the terrible interest rate a checking account would. As I spend BTC I can simply buy more. Anyways.... Just wanted to say that for those people who haven't tried using the lightning network, give it a shot. Download a mobile wallet, transfer some sats to it and try sending a few transactions out. I recently started using Bluewallet since IOS lightning wallets aren't as common as android but there are some other ones out there as well. My next step is to set up a lightning node to have full custody of my keys like I do with my trezor but the custodial LN wallet has been SUPER simple to use. Just don't put more $ on there than you would be willing to loose since at the end of the day you are trusting someone else. I think in the future a simple lightning walle

It’s been a tough past few days for Bitcoin . After holding $9,300 for days on end, the cryptocurrency on Saturday slipped under $9,000. The leading cryptocurrency reached a local low of $8,840 on many leading spot and margin exchanges. Many traders were caught off guard by this move to the downside. At least $20 million worth of longs on BitMEX alone were liquidated during this drop. This adds to the approximately $50 million in longs liquidated across the past few days. BTC position liquidation chart for BitMEX from crypto derivatives tracker Skew.com Buyers seem to be stepping in, though, providing Bitcoin with a boost as it enters a crucial price region. Bitcoin Whale Is Stepping In According to a crypto day trader , Bitfinex’s order book data shows that a big buyer (or buyers) is stepping in. He shared the image below to illustrate his point. It shows that seemingly a single player or small group of players have stacked Bitcoin buy orders between $8,600 and $8,800. The

Because I've been seen a lot of post lately about people getting scammed with these free Bitcoin giveaways and how you have to send the money to receive money I'm going to send $50 a Bitcoin to the next 10 people to post there wallet addresses. There's nothing else to it. edit:.OKAY NO MORE ADDRESSES. As for the paranoid dude with top comment... Do you even understand how Bitcoin and Bitcoin wallets work? You're loss. Everyone else, thanks for letting me farm your data. Suckers.... Jk. Edit 2: Okay, I lied. I sent 12 of you $50 in bitcoin BUT, the fee came out of your $50 so you're receiving $49.00 instead. Edit 3: Proof Edit 4: I was going to do another giveaway of $100 to 10 random redditors but now I'm regretting even doing the first giveaway. There's so many paranoid fucks that need to go outside and stop being cynical. No one on reddit is a unique snowflake, nor do any of you matter to the point that someone would give away $1000 dollars in Bitc

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We need more common senses and protocols like bitcoin to limit the power of government, thus build a stronger community with minimal engagement from the government. Bitcoin is our first step to the evolution of human society. submitted by /u/LaziSnail [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/2BjThh9

Symantec revealed that a WastedLocker ransomware attack was blocked on time after an early alert by the cybersecurity firm. Cybersecurity firm Symantec blocked a ransomware attack by a group known for demanding payment in Bitcoin ( BTC ) directed at 30 U.S.-based firms and Fortune 500 companies. The announcement published by the cybersecurity firm claims that the Evil Group, the malware gang behind the attacks, targeted the IT infrastructures of the firms. Still, the companies were alerted in time to prevent deployment of the ransomware. The group used the ransomware WastedLocker and managed to breach the security of the victims' networks and unsuccessfully attempted to laying the ground for staging the attacks. Gang asks for million-dollar payments  Cointelegraph reported recently a study made by the cybersecurity firm Fox-IT, a division of NCC Group, warned about the return of Evil Group's cybercriminal activities, after a short period of going quiet. The gang is well

At the start of 2020, Bitcoin was trading above $10,000 for the first time since June 2019. Several indicators and sentiment suggested a new bull market was underway. But the “white swan” pandemic that put the world on lockdown, also put a stop to Bitcoin’s momentum. And according to a new tool developed by a respected crypto analyst, it may take another couple of months to get back there. White Swan Pandemic Causes Widespread Crypto Market Chaos Major US stock indices were setting records for the highest price ever traded in February 2020. At the same time, there was a renewed interest in cryptocurrencies. The decentralized finance movement brought Ethereum to a record-string of weekly positive closes, and Bitcoin reclaimed $10,000. But in Wuhan, China, an outbreak was spreading rapidly, threatening the rest of the global economy. By the time early March rolled around, investors began to brace for the worst. Related Reading | BTCUSDPlunges Below Crucial $9,000 Support; What Ana

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There’s no doubt Ethereum decentralized finance (DeFi) has been a hot trend over recent weeks. Nothing shows this as well as the value of cryptocurrencies locked in With DeFi gaining steam, there have been new voices chiming in. One such voice commenting on DeFi is Ross Ulbricht, one of the earliest known Bitcoin adopters and the founder of the online marketplace Silk Road. Related Reading: DeFi Effect: Scaling Debate Begins as Ethereum Fees Reach Two-Year Highs Ethereum’s DeFi Flagship MakerDAO Is a “Cool Concept”  Ulbricht, who is currently serving time in prison due to his involvement in the Silk Road, published a piece on June 26th outlining his thoughts on MakerDAO. He opened it by saying that he thinks the Maker Protocol is a “cool concept” yet noted that the structure of the protocol does have flaws: “Vault owners in the Maker Protocol are doing something similar [to modern banking]. They are holding ether in their vaults, then lending out DAI backed by that ether. […] Th

It’s been a quiet past few weeks for Bitcoin. After reaching $10,400 at the start of June, the cryptocurrency has seen a correction and now trades in the low-$9,000s. Although a bear trend has yet to form, many have stated that the rejection BTC faced at $10,400 was bearish. After all, $10,400-10,500 is the exact region Bitcoin faltered at in February, prior to the crash to $3,700. Yet a crucial on-chain signal that appeared at the start of three previous bull runs has just been seen. Related Reading: U.S. Congressman Davidson Says BTC Is “Required to Defend Freedom” Bitcoin Flashes Crucial Bull Sign A cryptocurrency technical and on-chain analyst noted on Jun. 26 that an important on-chain signal just appeared: The MVRV Long/Short Differential indicator passed above 0% after a multi-month correction. Blockchain analytics firm Santiment describes the MVRV Long/Short Differential as follows: “MVRV is a measure of how much each coin holder paid for their coins and compares it t

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Blockchain data transparency offers a figurative ocean of information at a click. New data shows that Ripple whales are buying up any XRP small fish sellers are offering up. In the past, XRP broke out from downtrends with an explosive move. With so many whales accumulating, will there soon be a “thar she blows” moment? Ripple Protocol Reveals Public Wallet Data, What Does It Say? XRP is the native cryptocurrency token of the Ripple protocol, another distributed ledger like Bitcoin or Ethereum. The beauty of blockchain distributed ledger technology is the transparency it provides. Anyone can access this information, at any time using various explorer tools. Blockchain data available includes how many transactions are made, at when, and for what amount. It also contains details of how much crypto is stored in the wallet, along with the wallet address. Related Reading | Ripple Whale: It Only Takes $20,000 To Become a One-Percenter  This publicly available information can be helpf