It would be foolish to deny the essential role of white paper in the development of the cryptocurrency industry, given at least the fact that it was initiated by Satoshi Nakamoto's nine-page document . White paper Nakamoto created the basis for the innovative and decentralized Bitcoin payment network and the underlying blockchain technology , as well as for more than 2,000 altcoins, whose capitalization today is $ 128 billion. White paper in cryptoindustry is considered an effective marketing tool. He explains the meaning of the project for potential users and helps to attract investors. At the very beginning, the bitcoin…
Author: BlockchainJournal
The Global Index Data service from the Nasdaq Stock Exchange began to display two cryptocurrency indices Bitcoin Liquid Index (BLX) and Ethereum Liquid Index (ELX). Brave New Coin, which provides the above indexes, plans to launch another index linked to the XRP token rate called Ripple Liquid Index (RLX). “The program of liquidity indices responds to the request of traders for clear pricing of liquid […]
The Central Bank of Bahrain (CBB) has issued the final rules for regulating activities related to cryptocurrency assets . This is the local edition of TradeArabia . The new rules concern licensing, business management and risk management, minimum capital, control environment, anti-money laundering and terrorist financing (AML / FT), business conduct, conflict of interest prevention, reporting and cyber security. In addition, for those who are licensed by CBB as a cryptobirth operator, the regulatory framework contains requirements for the harmonization of orders, transparency of trading and post-trading, measures to prevent market manipulation and abuse. TradeArabia stressed that the regulator has…
The long-awaited updates of Constantinople and St.Petersburg will make significant changes to the Ethereum blockchain . Improvements will affect the specifications of the underlying protocols, client APIs and contract standards. The official announcement states that the planned updates will occur simultaneously at block No. 7,280,000, which, according to Amberdata.io, is likely to occur on February 28. According to the Ethereum blog, the exact date may vary depending on the time the blocks were created and the updates can be activated 1-2 days earlier or later than the planned date. Recall that the activation of Constantinople, which is part of a…
Worldwide data convincingly show that investors are very interested in the cryptocurrency industry. Blockchain and cryptocurrency are two concepts that have already gone beyond the interests of a small circle of geeks interested in all sorts of technological innovations. In the cryptocurrency sphere huge financial resources are spinning – just look at the statistical data on the capitalization of fintech companies. It is ruled by players who may be bought by new owners for hundreds of millions of dollars. What are the main trends can be identified? Fintech companies that focus on improving the efficiency of payments receive the lion’s…
The Plenum of the Supreme Court legally prohibited the laundering of revenues converted from virtual assets. Relevant amendments have been made to the court ruling of 2015 on practice in cases of money laundering, reports the portal “Right”. Now the subject of the crimes under Art. 174 and 174.1 on the legalization of criminal proceeds, virtual assets are also considered – cryptocurrency obtained as a result of illegal activities. Note that […]
Researchers from Stanford University and Visa Research, a division of the international payment system Visa, reported that they have developed a privacy policy for smart contracts Ethereum . According to the published document , Zether’s “fully decentralized confidential payment mechanism” created by them is compatible with both Ethereum and other smart contract platforms. The smart contract developed by researchers can be executed independently or by other smart contracts, supports encryption of balances on accounts, and allows depositing, transferring and withdrawing funds using cryptographic tools, as well as blocking them, which ensures enhanced confidentiality. The cost of one such transaction is…
Speaking of bull signals for Bitcoin , there is a view of the rest of the cryptocurrency market, since the main and very first coin is an important catalyst and driving force for the entire ecosystem as a whole, which Forbes writes about, describing three bull signs that, in aggregate give greater confidence in the sustainability of the upcoming rally. The first sign is the universal growth of cryptocurrency , and not the flow of money from one coin to another, where over the past week only 7 coins out of 100 showed negative dynamics, where BTC grew by almost…
The price of a cryptocurrency made a successful attempt of a breakthrough after a relatively long period of no volatility. Currently, Bitcoin is trading at $ 4,185. According to some analysts, the prerequisite for asset growth was the record trading volume of BTC futures this week. In addition, most traders note the change in trading in favor of the bulls. Perhaps we are witnessing the end of the longest bearish trend in the history of Bitcoin. After rising to $ 300 at the beginning of the week for several days, the leading cryptocurrency kept below the psychologically significant level of…
The other day, Ikigai's director of investment, Travis Kling, published a tweet in which he reminded the crypto-community that it was only a matter of time before Bitcoin ousted fiat currencies. The tweet is complemented by the image of the analytic company Crypto Voices, which provides a separation between bitcoin and fiat currencies. The Crypto Voices team explains that today the 30 leading fiat world currencies are estimated at $ 19.6 trillion. Bear market reminders- BTC is the hardest money we ever had. Print this out. h / t @crypto_voices pic.twitter.com/XDCioztkcJ – Travis Kling (@Travis_Kling) February 19, 2019 The value…
