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April 28
Today Sunday

7*24H News Daily Blockchain

  • 14:36

    Bitcoin Doesn't Care About The Bitcoin ETF, etoro's Mati Greenspan Says

    Mati Greenspan, the senior market analyst at eToro, chided the ETF stating, "The idea of the SEC approving a Bitcoin ETF is basically saying that the government is going to approve something that the banks made. I don't think Bitcoin cares very much about that." If the ETF is approved by the SEC, it would open "larger crypto investments" allowing hedge fund managers to enter the space. However, in Greenspan's opinion, this would only add to Bitcoin as an investment vehicle, as these managers will not "try to figure out what cold storage is," and will only enter for the price volatility. He said, "Basically, having an ETF, is another vehicle that they can invest in Bitcoin, in an easy way." He added that a "significant impact in the price" could manifest by the approval or rejection of a Bitcoin ETF, however, he cautioned stating that this will affect the market "only for a short period of time."

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    From: CoinNess
  • 14:17

    Ethereum Sees Over 3k Pending Transactions

    Citing data from Etherscan.io, as of 06:15 on April 28, the Ethereum network currently sees 3,174 pending transactions, showing a stable and smooth network. CoinNess.com Market Index: ETH, $158.15, +0.84%.

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    From: CoinNess
April 27
Yesterday Saturday
  • 23:20

    BTC Mentioned 92 Times On Twitter Last Hour

    As observed by CoinNess.com, statistics by CoinTrendz.com show BTC was mentioned 92 times on Twitter in the last hour, holding the first position. The top 10 mentions of cryptocurrencies on Twitter in the last hour are as follows: BTC (92 mentions), ETH (40), XRP (33), LTC (25), BCH (18), XLM (18), EOS (16), NEO (13), TRX (13), and USDT (12).

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    From: CoinNess
  • 23:17

    Vitalik Buterin Pays No Heed To Wright's Legal Notice, Labelled "Unlawful" By BSV's Ayre

    The curious case of Craig S Wright, the self-proclaimed Satoshi Nakamoto, and his dishing out of legal notices to the cryptocurrency community has not died down yet. The latest fury arose when Vitalik Buterin, the co-founder of Ethereum had irked the BSV camp by paying no heed to the "Letter of Claim" addressed to him. Calvin Ayre, the spearhead of the Satoshi's Vision project alongside Wright, labeled Buterin's dismissal of the legal notice "unlawful." He further delved into the mindset of the Ethereum co-founder, stating that Buterin was aware that Wright is, in fact, Satoshi Nakamoto. His April 25 tweet attacking Vitalik Buterin read, "Vitalik is loud, annoying, immature and just play unlawful, but is ignoring his opportunity to prove his case. I would say Vitalik already knows CraigisSatoshi and has been attacking only as a way to unlawfully attempt to stop superior technology."

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    From: CoinNess
  • 23:14

    Wash Trading Or Defrauding Users In Tether (USDT) May Not Trigger Extradition To The US

    Over the past two years, Tether has been accused of numerous shady deals, with the latest one being the withdrawal of a large sum of money to cover up BitFinex losses. In a tweet by Loomdart, the cryptocurrency trader believes there are some reasons why Tether continues to take part in shady transactions. The tweets saying: "The reason that most wash trading exchanges use USDT for volume spoofing and not USD is that wash trading against a token is probably not going to get you extradited to the US, but wash trading against USD probably will."

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    From: CoinNess
  • 21:14

    The London Block Exchange Has Been Insolvent Since Autumn Of 2018, Alleges Peter McCormack

    Peter McCormack, the host of What Bitcoin Did podcast, alleged that the London Block Exchange is insolvent and that it has been insolvent since Autumn of 2018. McCormack alleged the same in his tweet thread as he stated: "1/UK Cryptocurrency exchange @LBXSocial is trading insolvent and has been since Autumn 2018. Further: – Staff have not been paid since Dec 18 – The CEO @benjamindives has spent the pension pot – Creditors are owed £millions – There are no developers to fix app issues."

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    From: CoinNess
  • 20:58

    Moody's: Blockchain Tech Makes Securitized Trades More Efficient, But Devs Might Introduce Risks

    Frank Cerveny, Senior Analyst at Moody's, says blockchain usage in securitization is still "in a very early stage," but banks and other financial institutions are looking at its utilization. Its usage at scale would introduce new risks, Cerveny says, including a potential over-reliance on a few developers or dev studios. New key transaction parties will be introduced to the process, namely the entities that serve as developer, provider and operator of a blockchain. They may be either closely linked or identical with the originator, or independent third-party service providers, which could lead to a certain degree of counterparty concentration risk.

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    From: CoinNess
  • 20:47

    Zcoin Encounters Vulnerability In Zerocoin, Results In Forged Coins Below 1% Of Circulating Supply

    Zcoin, a cryptocurrency that focuses on anonymity and privacy with the implementation of the Zerocoin protocol, released an official statement pertaining to the Zerocoin vulnerability discovered by the team. The announcement stated that the vulnerability was found in the protocol itself and that it had affected all Zerocoin implementations. The report further stated that the vulnerability had resulted in the creation of a "forged coin," which amounts to below 1 percent of the Zcoin's circulating supply. It was not a code flaw, but a cryptographic flaw "in one of the proofs in the Zerocoin protocol" that has been present since the very beginning. This vulnerability has resulted in the project's team deciding to opt out of the protocol and shift to Sigma, with the Mainnet transition timeframe noted to be around six weeks. The report stated that further details on the cryptographic flaw would be released later on, including the number of coins forged.

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    From: CoinNess
  • 20:01

    Greyscale Investments Brought In Over $20 Million In Total Investments

    New York-based Greyscale Investments, a division of Digital Currency Group, brought in over $20 million in total investments, according to a statement issued by CEO and Founder Barry Silbert. The said uptick marked Greyscale's best week since 2017 and pushed the firm's assets-under-management worth to circa $1.21 billion.

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    From: CoinNess
  • 19:55

    Legendary Kiss Rocker Gene Simmons Says Bitcoin Isn't Dead

    Gene Simmons, the frontman for the highly popular old school band Kiss, has claimed on previous occasions that he only endorses products in which he firmly believes or with which he has an "emotional connection." He recently stated he believes Bitcoin isn't dead. He said, "Bitcoin is volatile, but every time people think it's dead, it goes up a little."

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    From: CoinNess
  • 19:16

    Report: Crypto Mining Malware Has Plummeted Since Coinhive Closure

    Cyber security firm Malwarebytes has revealed in a report that crypto mining attacks have plummeted by 79 percent compared to the same time a year ago. The report added that the primary reason for the decline was the closure of Coinhive last month. "Marked by the popular drive-by mining company CoinHive shutting down operations in early March, consumer cryptomining seems to have gone the way of the dodo. Detections of consumer-focused Bitcoin miners have dropped significantly over the last year and even from last quarter," it added.

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    From: CoinNess
  • 18:43

    Bitcoin Cash Bull Roger Ver States He Does Not Own '@bitcoin,' Allegations Are False

    Roger Ver, CEO of Bitcoin.com, clarified on an ongoing rumor that he owns the Twitter handle '@bitcoin,' saying that he has nothing to do with it and that his actual handle is @rogerkver. In his words: "The @bitcoin handle is run by someone else since 2009 and some people in the cryptocurrency space know him too. Evidently, he likes Bitcoin Cash more because the original Bitcoin was supposed to be like Cash but now it is more of a science project. The fact that I would publish anti Bitcoin tweets from another handle is false as I would never solicit you for anything and want people to realize on their own that BCH is the currency that will bring economic freedom to the whole world."

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    From: CoinNess
  • 18:20

    Indian Private Sector Bank HDFC Issues 'Threatening' Emails Against Cryptocurrency Buyers

    The Housing Development Finance Corporation Ltd (HDFC), the largest private lender in India, has been ramping up its efforts in opposition of the country's cryptocurrency industry. According to a tweet by Indian virtual currency proponent Indian CryptoGirl, HDFC has begun disseminating "threatening" e-mails to those users who purchased cryptocurrencies. In what is already a tumultuous environment for virtual currencies in the South Asian country, things look to get worse. The tweet further stated that users would have to "clarify" the nature of their transaction within a 30-day period, failing which the bank would "freeze" the account.

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    From: CoinNess
  • 18:15

    Atonomi Token Faces Class-Action Lawsuit, Might Return $25 Mln For Offering Unregistered Security

    Stephen Palley, a prominent lawyer in the crypto community, posted a tweet thread detailing the Federal Class Action lawsuit which Atonomi Token was facing for the alleged sale of an unregistered security. The crowd sale for Atonomi Token took place in mid-2018 and it raised $25 million, however, the token has been classified as a security according to the on-going investigation. Palley's thread stated that the class-action lawsuit would take place in the state of Washington DC.

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    From: CoinNess
  • 18:09

    BTC Topped List Of Crypto Net Outflows With $35.43 Mln In Past 10 Hours

    Monitored by CoinNess.com, from 00:00 to 10:00 (UTC) on April 27, BTC registered a net outflow of $35.43 million in the past ten hours. 1. The Top 3 net cap inflows in the crypto market are: ETH (+$4.01 mln), ETC (+$3.28 mln), TRX (+$2.41 mln); 2. The Top 3 net cap outflows in the crypto market are: BTC (-$35.43 mln), LTC (-$9.52 mln), BCH (-$4.04 mln). For more alerts on real-time market changes, add your portfolio at "Watch List" to enable the Intelligent Market Monitor, seizing more investment opportunities.

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    From: CoinNess
  • 17:06

    Series Of 'China Official' Scams Where Victims Transfer Money Using Bitcoin Machines Prompts Police Alert

    Do not fall for scammers who impersonate officials from China and ask victims to transfer money using Bitcoin machines, said the police in a fresh alert on Saturday (April 27). This comes hot on the heels of recent cases of such scams, and after scam alert posters beside a Bitcoin machine were torn down, according to a police statement. Police were alerted to the case of vandalism at Tampines One mall on April 18 and officers from Bedok Police Division investigated the matter. They found that a 45-year-old man was believed to have removed the posters from the wall beside the Bitcoin machine. During follow-up investigations, the man revealed that he received a call from someone purporting to be a foreign law enforcement officer. The "officer" claimed that the man was under investigation for a transnational crime. The man was told to transfer a total of $1,000 on two occasions to an account using the Bitcoin machine at Tampines One.

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    From: CoinNess
  • 16:34

    Weekly Baidu Searches Of Both Blockchain, Bitcoin And Ether Saw An increase Copmared With Last Week

    Citing statistics of Baidu Search Index, the past seven days, from April 20 to April 26, saw an average of 5,240 searches of blockchain per day, marking a year-on-year decrease of 75% but a comparative increase of 4%. Besides, Bitcoin held an average of 19,308 searches per day, with a year-on-year decline of 49% but a comparative growth of 2%. Ether registered an average of 4,033 searches per day, down by 45% on a year-on-year basis but a rise of 3% compared with last week.

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    From: CoinNess
  • 16:15

    A New Teaser Coming Soon, Says John McAfee

    John McAfee introduced a teaser to all his followers on Twitter. He promises his followers about the first ever crypto credit that will be accepted everywhere. Although the real details are still not known, he promises it to be coming soon. McAfee has not yet revealed when the credit cards will be available for use or how can they get it. But, McAfee affirms the card is acceptable everywhere. Also, the image that is shown in the tweet depicts a visa credit card having a American themed flag and McAfee's face on it.

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    From: CoinNess
  • 16:07

    XRP Enthusiasts: XRP Will Act As A Bridge Between The Traditional Financial And Cryptocurrency World

    It's no secret that XRP enthusiasts believe that the digital asset will act as a bridge between the traditional financial and cryptocurrency world. Ripple believers feel that XRP delivers where other cryptocurrencies do not. They think XRP's speed and liquidity make it the perfect asset to link currencies all over the world. Santiago Velez, on Twitter, expanded on what the theory of being a bridge currency entails. He goes on to predict that XRP will probably not be widely used by everyday consumers. "The Federal Reserve will not use it, IMF will not use it, World Bank will not use it, average consumer most likely will not use it (directly) or hold it in any great quantity. No central bank will use it, nor should they." He goes in to explain that XRP could be the key to create a liquid representation of all human assets. "The value transfer between ledgers will be facilitated in large part by atomic transactions by the XRPL and will be supra-national, supra-technical, and with zero counter-party risk. That is the Endgame, eliminating all counter-party risk in human value transfer with XRP," said him.

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    From: CoinNess
  • 15:52

    Bitcoin Blockchain Gets Hot And Heavy After Tether And Bitfinex Drama

    On April 26, 2019, Bitcoin's number of transactions reached a large number and it could be connected to the New York AG's lawsuit against Bitfinex and Tether. In addition, the total number of confirmed transactions reached a relatively higher point as well. Although the Tether and Bitfinex effect will not matter in the long run, Bitcoin's unconfirmed transactions reached a maximum of 26,373 on April 26, 2019.

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    From: CoinNess

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