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Ethereum Classic is an open, decentralized, and permissionless public blockchain, that aims to fulfill the original promise of Ethereum, as a platform where smart contracts are free from third-party interference. ETC prioritizes trust-minimization, network security, and integrity. All network upgrades are non-contentious with the aim to fix critical issues or to add value with newly proposed features; never to create new tokens, or to bail out flawed smart contracts and their interest groups.
Cryptocurrencies extend losses as Coincheck reopens new account signups and limited trading services
A user on a Malwarebytes forum, 1vladimir, reported yesterday of suspicious behavior surrounding a cryptocurrency price tracking application, called CoinTicker -- after further inspection of the application, users discovered that CoinTicker is a trojan horse that installs two remote back doors on a host computer upon being downloaded. The two remote backdoors allow a malicious actor to remotely take control of a host computer. At the time, it is unknown how many individuals may be affected by the malware.
An article by the Financial Times details that big four auditor, PricewaterhouseCoopers (PwC), has hired as many as 400 blockchain experts in an effort to best serve clients’ blockchain needs. Ralph Weinberger, head of PWC’s global network assurance methodology group, told the Financial Times, “We are devoting significant resources to how we might provide audit services in not just cryptocurrency, but blockchain.” PwC has focused on helping companies understand compliance procedures involving cryptocurrencies while assuring firms properly meet tax obligations relating to crypto assets. The Financial Times’ article concludes that PwC has a strong desire to become a leader in blockchain compliance and technology, pointing out that the big four auditor already has a section of their website dedicated to blockchain.
eToro, a popular social cryptocurrency trading platform, has partnered with Binance, the world’s largest cryptocurrency exchange, to list Binance Coin (BNB) on eToro. This marks the first exchange to list BNB tokens for trading using fiat. BNB was first issued by Binance to serve as the “gas” that powers its cryptocurrency exchange -- often times, BNB is used on Binance to pay for trading fee, exchange fees, listing fees, and partner applications. The addition of BNB on eToro brings the total cryptocurrency assets offered on the exchange up to 13.
JPMorgan Chase Bank’s blockchain, Quorum, is going to be used to tokenize gold bars using smart contracts, according to an article by the Financial Review. Quorum was originally developed in partnership with the Ethereum Enterprise Alliance to be applied in the financial sector, however, employees at JPMorgan Chase have begun to test its applications in industries like healthcare, aviation, and banking. JPMorgan Chase’s head of blockchain initiatives, Umar Farooq, is quoted by the Financial Review, saying, “We are the only financial player that owns the entire stack, from the application to the protocol.”
Monex Group, a Japanese internet broker who purchased Japanese cryptocurrency exchange, Coincheck, after it was hacked in January 2018, is reopening new account signups and offering limited trading services on Coincheck, as per a statement issued Tuesday morning. This news comes after Coincheck reported yesterday of a 66% revenue drop in CY3Q2018. According to the announcement, users are now able to deposit four cryptocurrencies into accounts, including Bitcoin (BTC), Ethereum Classic (ETC), Litecoin (LTC), and Bitcoin Cash (BCH). A strict know-your-customer process will be in place for new users registering with Coincheck, the announcement detailed.
Russia’s Financial Monitor Service (FMS) has contacted the Financial Action Task Force (FATF) to request an intergovernmental initiative to manage the supply and flow of cryptocurrencies. The FATF is a global financial regulating body -- this past June, it announced that it would build global-binding policies for cryptocurrency exchanges. Deputy Director of the FMS, Pavel Livadny, confirmed that the FMS is seeking cooperation from al FATF member countries, pointing to money laundering as the primary concern in cryptocurrencies. Livadny also went on to confirm that Russia’s FMS will seek to impose a restriction on cryptocurrency transactions over USD$9,000.
The cryptocurrency community is coming together to refute claims by Nature after it posted a research report claiming that Bitcoin (BTC) mining could help temperatures increase by more than 2 degrees Celsius in just 11 years, depending on BTC’s rate of adoption. Cryptocurrency experts are arguing that the study’s assumptions are “naive”, saying the study’s assumptions would require BTC to scale to an unrealistic 310 billion daily transactions on chain and that block sizes would have to be a massive 3.2 gigabytes.
The UK’s Financial Conduct Authority (FCA) is considering a ban on the sale of cryptocurrency-based derivatives, according to a Monday report by the Financial Times. The UK’s FCA published a statement Monday detailing that it is set to launch a consultation in the first quarter of 2019 concerning whether or not to place a ban on the sale of cryptocurrency-based derivatives at some point in the future. The FCA is also reportedly launching a parallel consultation into whether or not to extend its regulatory jurisdiction onto cryptocurrency assets themselves and the exchanges and wallet services that work with cryptocurrency assets. The FCA detailed in its statement issued Monday that it has, “made clear that in its view crypto assets have no intrinsic value and investors should therefore be prepared to lose all the value they have put in.”
Binance users can now buy Bitcoin with practically all of the fiat currencies in existence; Binance, which is one of the leading cryptocurrency exchanges in the world, has partnered with the peer-to-peer crypto exchange Paxful. Via this partnership, Binance users can now use 167 different fiat currencies to buy Bitcoin. Capital — Bitcoin, ICO & Cryptocurrency portfolio tracker for your Mac. Keep track of all your investments in crypto coins effortlessly. Capital lets you track all your investments in Bitcoin, Ethereum, Litecoin or in any of the 2.000+ altcoins on any of the 85 exchanges with which the application is integrated. PORTFOLIO OVERVIEW:- Capital offers you a clear overview of your total portfolio ... Binance suffered a major hack in which over $40 million worth of Bitcoin was stolen in 2019. Though Binance claims that it has significantly increased its security measures since the attack (like ... Welcome, you have come to the right place to explore Bitcoin & crypto! With over 200 coins to trade, Binance is the world’s largest exchange by trading volume. Trusted by millions of users worldwide, Binance enables you to buy Bitcoin, Ethereum, Link, Tezos, Cardano and Binance Coin, and more, all… Quickly access real-time price and market cap data for Bitcoin, Ethereum, Bitcoin Cash, Bitcoin Diamond, Binance Coin, Litecoin, Ripple XRP, Monero, Cardano and over 7,000 other coins trading on more than 300 cryptocurrency exchanges such as Binance, HitBTC, Coinbase, OKEx, Gemini, Kraken, and 300 more. Analyze price action visually with comprehensive line charts or candlestick charts and take ... PRICE PRICE IN BTC VOLUME 24H PRICE GRAPH (7D) 1: Bitcoin • BTC: 1.21%: $15,631.58: 1.00000000: $26.9B: 2: Ethereum • ETH: 10.61%: $459.54: 0.02939723: $11.5B: 3: Tether • USDT: 0.08%: $1.00: 0.00006399: $49.3B: 4: XRP • XRP: 6.25%: $0.260771: 0.00001668: $882.3M: 5: Chainlink • LINK: 12.77%: $12.36: 0.00079066: $1.2B: 6: Bitcoin Cash • BCH: 4.73%: $259.88: 0.01662482: $870.6M: 7:
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