Corporate digital currencies showed many useful features at this stage of the cryptocurrency industry development. Bitcoin-enthusiast Ari Paul believes that the year 2019 with a high degree of probability can be called the year “cryptocurrency intranet”, that is, the launch of various corporate cryptocurrencies working on non-decentralized blockchains . Indeed, we recently heard that JPM Coin from JP Morgan is appearing, and FacebookCoin is expected to be released from Facebook. 1 / It is a crypto intranet (or permissioned blockchains, or bankcoins and corporatecoins), – Ari Paul (@AriDavidPaul) March 1, 2019 Ari Paul, who in mid-February did not see any…
Author: BlockchainJournal
American startup VaultTel presented a tiny hardware cryptocell , which is inserted into a slot for a SIM-card of mobile phones, reports Finance Magnates . According to company representatives, the new device combines the VaultTel App and a special chip, the task of which is to store private keys on devices that support biometric authentication systems. VaultTel’s web site says that biometric authentication allows cryptotransaction on a smartphone only to its owner. Also, as an additional security measure, users can link a chip to a single device or a specific region. The solution uses the AES 512 block encryption algorithm,…
Supporters of cryptocurrency often talk about them as a means that will help to overthrow the centralized monetary system. However, it seems that things are such that we are still very far from the implementation of this concept. The current problem is the widespread acceptance of cryptocurrencies, which can only be achieved in close connection with centralized institutions, such as government and regulators. And therefore, it is safe to say that centralization is inevitable in the cryptocurrency space – at least for now. Cryptocurrencies promised us to carry out a financial revolution through decentralization , when all actions on the…
According to new reports, Litecoin has broken a new milestone after the Lightcoin Lightning network has reached more than 1,000 channels. According to Merkle: All cryptocurrencies must constantly grow and develop. For Bitcoin and Litecoin, the Lightning network is now considered the “holy grail” of scaling and instant payments. It is not yet known whether this will be efficient, but it seems that everything is going smoothly. Litecoin is still a popular cryptocurrency, despite the sudden fall in prices in 2018. Obviously, investors continue to believe in Litecoin technology. It is worth emphasizing that the ultimate goal of Litecoin is…
The founder of the TRON Foundation, Justin San, in a commentary on the post of the head of the Binance exchange, Changpen, Zhao, called the rapidly growing BNB token "new Bitcoin." Huge Congrats on $ BNB, a new # Bitcoin❤ – Justin Sun (@justinsuntron) 5 March, 2019 r. The saying of Sana was not liked by all users of the popular social network. BNB will never be BTC !!!! – lalit [BTC] [NEO] (@Lalitkatel) […]
This Wednesday, the Advisory Committee, created by the Israeli Securities Administration (ISA) at the end of 2017, presented a final report on the regulation of cryptocurrencies. “The world of cryptoactive assets proved to us last year that a careful and continuous study of [this] dynamic and innovative area [can] allow us to make decisions that balance the need to encourage innovation and the obligation to protect [retail investors], ” said ISA Chairman Anat Getta . The excitement that characterized the market in 2017 subsided, but the technology remained to develop further. ” According to a statement issued by the regulator,…
The developers of the Russian blockchain-company Waves Platform put the stub on the official website of the project. Now on the main page, instead of the usual information, the text “We begin to change everything” is displayed. The company declined to comment on the blackout. However, the founder and CEO of Waves, Alexander Ivanov, said that the latest news about the ecosystem will not appear until next week. There won't be any news in $ waves […]
Bitcoin started a new week by reducing its value, however, the activity of users of the main cryptocurrency network continues to grow. According to the latest data provided by analysts, the number of bitcoin transactions in February approached the maximum values of December 2017, when the main cryptocurrency was trading above $ 19,000. One analyst under the nickname Moon Overlord tweeted a post in which he stressed: The number of transactions in the Bitcoin network is close to the maximum reached in December 2017. Using BTC is almost always high, and when will the price catch up with it? The…
At the end of February, the Plenum of the Supreme Court banned money laundering using cryptocurrency . Corresponding amendments have been made to the court ruling of 2015 on the practice in cases of money laundering. The subject of the crimes under Art. 174 and 174.1 on the legalization of criminal proceeds, cryptoactive assets, which are obtained as a result of criminal activity, are now considered. Following the FATF standards developed (Financial Action Task Force) , the Supreme Court clarified that the subject of a crime could be “money converted from virtual assets (cryptocurrency) acquired as a result of a…
The TrustToken platform has entered into a partnership with Armanino accounting company, thanks to which traders will be able to track real-time security of steablcoin TrueUSD (TUSD) with fiat US dollars in real time. We are proud of the #TrueUSD funds. The dashboard will be launching in April. https://t.co/DyQMdmAxT2 – TrustToken (@TrustToken) 5 birch 2019 p. […]
