The standard of living of a modern average person is the result of many years of innovation, inventions and production. A person’s daily life consists of solutions aimed at simplifying and improving it. One of the systems that has a huge impact on people's lives is money. At its core, it is a universal measure of value. Money allows people to quantify their value and receive rewards based on this. People make money by doing what others find useful, and with the help of money they can buy goods and services that they do not produce personally. The modern financial…
Author: BlockchainJournal
The first digital currency traded in a narrow range for a long time, and over the last week not only showed a sharp decline, but also reached annual minimums. At this cost, Bitcoin is 4,666 US dollars. It is expected that many investors were panicked and began to withdraw their savings in a hurry. But do not forget the already proven fact that the cryptocurrency market is manipulated. This is understood by those traders who have dealt with the nuances of the cryptocurrency market and, in particular, with blockchain technology. Many experts are confident that such a bearish…
The Huobi cryptocurrency exchange unit in Beijing set up an ad hoc committee to cooperate with the Chinese Communist Party. Thanks to a new initiative, Huobi plans to receive support from the country's ruling party for its business in the region, CoinDesk writes. In a blog , Huobi representatives said that the principles and policies of the Chinese Communist Party should be implemented in the work of private organizations. Huobi founder Li Lin noted that the creation of a committee is an important milestone in the company's history. Photo: huobiinfo.com According to the demand of the Chinese Communist Party, state-owned…
Network new fork Bitcoin SV has undergone an attack of reorganization on the block # 557301, according to Bitcoin Cash Fork Monitor. It is not yet known whether the network was deliberately attacked or whether the consensus failed to happen by chance. Reorganization of blocks allows you to delay or reverse transactions. Some representatives of the community suggested that the attack was undertaken in order to delay the process of opening deposits on the stock exchanges and possible massive sales. Earlier, Bitcoin SV trading opened OKEx and Kraken. Subscribe to BlockchainJournal news in Telegram: BlockchainJournal Live – the entire news…
Representatives of Huobi Global have confirmed that the team behind Bitcoin Cash ABC has established a control point to protect funds from re-spending, and therefore its longer chain compared to Bitcoin SV is considered to be crypto-trading as BCH. In this case, from November 19, users will be able to place funds for the further purchase of this asset. At the same time, users who have kept Bitcoin Cash before the hard forks of the network will receive Bitcoin SV (BSV) tokens in the 1: 1 ratio. Trading in the BSV / BTC pair will begin on November 21, and…
The manufacturer of hardware wallets Trezor announced the appearance of fake devices Trezor One, created and distributed by unknown people. Note that fake wallets are usually sold at a discount, which should already alarm buyers. [PSA] In recent weeks, we’ve discovered that it’s been a treasurer. For more information, please read our latest blog post here: https://t.co/tpe21iTVXm – Trezor (@Trezor) November 19, 2018 Also in Trezor stressed that it is necessary to pay attention to the protective hologram on the package. Left – fake, right – original Wallet developers asked all users who bought fakes to contact support and in…
On the eve of the hard forks in the Bitcoin Cash network, the OKEx exchange without warning closed several positions for BCH futures for $ 135 million. Because of this, some traders suffered losses, Bloomberg writes. On November 14, OKEx changed the terms of futures contracts for Bitcoin Cash, arguing that protecting customers from the looming market volatility associated with the future hard forks. On November 15, due to a technical malfunction on the platform, traders could not make transactions within two hours, while increased volatility was observed in the market. According to the manager of Consensus Technologies Chao Changhei,…
On Monday, November 19, the price of the first cryptocurrency updated the annual minimum, falling on a number of exchanges below the psychological mark of $ 5000. As of 4:37 PM UTC, Bitstamp quotes fluctuate in the range of $ 4,980- $ 5,020. Bitstamp data At the same time, the bitcoin capitalization has updated the 13-month low and reached $ 88 billion. We add that the daily trading volumes of stablecoins, against the background of such a tight drawdown, have increased significantly. In the meantime, the hash rate of the first cryptocurrency network also showed a fall. Thus, the indicators…
The founder and managing partner of Morgan Creek venture capital firm, Anthony Pompiano, said that soon many cryptocurrency hedge funds will be forced to close, and ICO projects have penalties and bankruptcy ahead. Pompiano is convinced that this is a natural process of cleansing the industry from "tourists". ICP projects. They don't even realize what is happening. I'm chaining up the chain email. Sign up here for the HEAT ? https://t.co/FWGNNJu0ry – Pomp ? (@APompliano) November 18, 2018 He stressed that most cryptocurrency funds will close due to the fact that investment managers will not be able to write out…
Cryptobirge Huobi opened an office in Moscow: Russian users will get round-the-clock support in Russian and much more – but the crypto-exchange does not stop there, planning educational and credit programs for blockchain-entrepreneurs, and possibly lobbying. Round-the-clock support in Russian is already in Russia a serious competitive advantage. Despite the fact that the largest cryptobirds Binance, OKEx and Bitfinex have already translated websites into Russian, the solution of technical problems in Russian is not yet available, said Russian trader Anton in an interview: "None of the largest exchanges will respond to a request in Russian" For some time, the BTC-e…