More recently, EdgeWallet launched an update, which supports BIP 70 protocol for BCH. This will allow users to pay BitPay accounts directly using Bitcoin Cash in their wallet. In the official tweet Edge announced: Now @EdgeWallet has BIP 70 support for #BCH. Now you can directly pay @BitPay invoices Before BitPay introduced the payment protocol (BIP 70), the total number of errors in the payment of invoices was up to a thousand per week. BIP 70 eliminates all these problems, preventing any manual errors, as it blocks the amount and address of Bitcoin. In addition, BIP 70 registers transactions first…
Author: BlockchainJournal
The head of Brazil's largest brokerage company Grupo XP , said that in the next few months the organization will launch trading of such top-end digital currencies as Bitcoin and Ethereum , according to the newsletter Cryptoglobe. At the beginning of last week at an event in São Paulo Guillerme Benchimol, who is CEO of Grupo XP, announced the launch of a new trading platform aimed at trading crypto-currencies . This decision of the company is primarily due to the high demand for virtual coins, which is 5 times higher than the shares. After all, according to statistics, only 600,000…
American technology company Ideanomics will partner with Asia-Pacific Model Electronic Port Network (APMEN) Trade Tech Co. to optimize the supply chain with blockchain technology. Together with APMEN Trade Tech Co. Ideanomics is aimed at using blockchain and what it calls "super-artificial intelligence" in order to "cut out middlemen" when processing cargo delivery. The first use of tools will take place in two major Chinese ports – Shanghai and Guangzhou, the first of which is the world's busiest port in 2017. This step marks a continuation of the growing trend in the supply chain sector, with a number of large corporations…
Bitmain, one of the best manufacturers of equipment for crypto currency mining, has launched the Antminer DR3 installation. This installation is specifically designed to extract Decred's crypto currency. In Twitter, Bitmain posted the following information about the device: the hash rate will be reached at 7.8 TH / s, with energy costs of 1410 W.
A well-known supporter of digital currencies and one of the main "bulls" of cryptology Mike Novograts once again predicted the take-off of bitcoin . This time, on the air of CNBC, the investor stated that by the end of this year the value of the largest coin will jump by 30%. According to him, there is a high probability of a breakthrough to $ 10,000, however Novogrags allows a more modest increase in the bitcoine rate to $ 8,800. The founder of the crypto bank Galaxy Digital stressed : Now, institutional investors are creating a more extensive infrastructure for the…
Tyler and Cameron Winklevoss, creators of the crypto currency trading platform Gemini, are seeking to expand the exchange to the UK market. According to CoinMarketCap, Gemini Trust, based in New York in 2014, currently holds the 58th place among the largest crypto-exchange markets around the world. Twins Winklewoss now hired advisors to oversee the potential expansion into the UK market. "We continue to explore potential jurisdictions around the world to provide the best-in-class crypto currency trading service that will provide growth and infrastructure for the entire digital asset community." The firm is currently "approaching" the filing of an application with…
The founder of Ethereum Vitalik Buterin proposed to use the ZK-SNARKs zero-disclosure protocol, initially applied in the ZCash network, for on-site scaling of the platform. This approach will allow to convert transaction data into so-called compressed proofs, the size of which remains unchanged regardless of the number of inputs. According to Buterin, special relay nodes can aggregate transactions, while receiving a commission. He is convinced that this will help to increase the number of transactions per second in the Ethereum network 24 times, and for ERC-20 tokens – 50 times. Thus, the second crypto currency network can process about 500…
New York blocking start-up Chainalysis in the study bitcoin-wallets concluded that the number of bitcoins under the control of long-term investors and market speculators over the past summer has hardly changed. As reported by @coindesk , our latest research on #cryptocurrency monetary aggregates signals on the market during the summer months, as investors and speculators hold their positions. Read our original piece: https://t.co/UOf37L1oGx – Chainalysis (@chainalysis) September 24, 2018 As of the end of August: investors had 6.4 million (30%), and speculators – 4.8 million (23%). In this case, lost forever and still undersized coins account for 29% of the…
According to a new report of the consulting company Satis Group, the volume of trade on the crypto currency market in 2018 already exceeded the corporate debt of the United States. In the fifth regular study of crypto-currency assets, experts note that the growth of trade in digital currencies continues even despite the decline in the price of virtual money. Comparative statistics of traditional and digital finance Based on historical data, the experts of the Satis Group estimated the volume of trade in crypto-currencies in 2018 at the level of 7.300 trillion dollars, which is by 243 billion more than…
Crypto-currency Ripple managed to drop Ethereum from the second position in terms of market capitalization. Now, above the XRP is only Bitcoin. According to CoinMarketCap, XRP currently has a total estimate of $ 23.9 billion, which is $ 400 million higher than that of Ethereum. During the past day, the price of XRP rose by 64 percent, consolidating the weekly rally by more than 113 percent. Commenting on the recent XRP rally, Matthew Newton, an analyst at eToro, said: "It seems that the XRP correctly aligned the stars." Ed Cooper from Fintech-company Revolut said in a statement that "it remains…