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Crypto Exchange Bithumb Global Finally Changes Status from Beta Testing After Brutual Hack

The global version of the South Korea crypto exchange Bithumb has just come out of beta. According to a recent press release, Bithumb Global has been properly launched now, which will boost the company’s mission to expand its business to other countries, especially Japan, which has a big audience. Bithumb Global’s new 1.0 version is […] дальше »

2019-9-26 00:47


IBM exec stresses on tokenization of assets; says Facebook’s entry brings legitimacy to underlying tech

In a recent talk with CNBC, Jason Kelley, IBM’s general manager of blockchain services said that the subject of crypto should be kept aside, and tokenization of assets should be brought to focus. According to IBM exec, the need of the hour was to distinguish between talk of cryptocurrencies and “tokenization” of assets. дальше »

2019-9-23 20:30


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IMF Educates on Stablecoins, Is Government Adoption Possible?

The International Monetary Fund has always shown some crypto-curiosity. In a recent document, the IMF commented on the use cases and utility of stablecoins, or assets with a pegged value. IMF Bigs Up Stablecoins In a recent IMF staff paper, part of the Fintech Notes series, the organization outlines the promises and risks of those assets, as a new arrival on the fintech scene. дальше »

2019-9-24 20:00


Bitcoin Price ‘Poised To Break Upwards’ As Trajectory Demands $100,000

Bitcoin may struggle to decide whether to trade above or below $10,000, but analysts are confident that the only way now is up. Bitcoin Still ‘Best Performing Asset In History’ As BTC/USD traded around $9950 on September 23, positive sentiment began building as theories compared current trends to Bitcoin’s recent lows of $3100. дальше »

2019-9-23 14:00


Understanding PLONK

Special thanks to Justin Drake, Karl Floersch, Hsiao-wei Wang, Barry Whitehat, Dankrad Feist, Kobi Gurkan and Zac Williamson for review Very recently, Ariel Gabizon, Zac Williamson and Oana Ciobotaru announced a new general-purpose zero-knowledge proof scheme called PLONK, standing for the unwieldy quasi-backronym “Permutations over Lagrange-bases for Oecumenical Noninteractive arguments of Knowledge”. дальше »

2019-9-24 04:03


Bitcoin re-lending or rehypothecated systemic risk is overblown and not assertive in the market, claims Su Zhu

Crypto derivatives market is an essential part of the virtual asset ecosystem as it represented around $2.5 trillion markets in Q1 2019. In the recent Invest Asia 2019 event in Singapore, Su Zhu, CEO at Three Arrows Capital shed light on the derivatives market and listed out various use-cases that have developed over time from […] The post Bitcoin re-lending or rehypothecated systemic risk is overblown and not assertive in the market, claims Su Zhu appeared first on AMBCrypto. дальше »

2019-9-23 01:39


Wells Fargo executive boasts of stablecoin’s better efficiency, higher speed against SWIFT

Wells Fargo, a Fortune 500 company providing financial services, has been the latest institution to express potential interest in blockchain and cryptocurrencies. As announced earlier, the organization revealed its plans to test an internal settlement service, Well Fargo Digital Cash, which would operate on its own Distributer Ledger. дальше »

2019-9-21 00:30


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Crypto Isn’t Sound Money, Says Swiss Central Bank Official

Swiss central bank official Thomas Jordan says crypto isn’t sound money but stablecoins have the potential to see widespread adoption. Crypto Won’t See Mainstream Adoption Speaking during a recent event at the University of Basel, Jordan — chairman of the governing board of the Swiss National Bank (SNB), argued against the value proposition of crypto as currencies. дальше »

2019-9-19 17:00


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Meet Panda, an illicit cryptocurrency mining crew terrorizing organizations worldwide

Cybersecurity researchers have profiled a hacking crew named “Panda” believed to have amassed roughly $90,000 worth of cryptocurrency via remote access tools (RATs) and illicit mining malware. The Cisco Talos Intelligence Group noted that while Panda isn’t exactly sophisticated, it has persisted as one of the internet’s most active attackers in recent years. дальше »

2019-9-18 15:12


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ING: People who know the least about cryptocurrencies are the most excited about them

Were you thinking that cryptocurrency mass adoption was just around the corner? Well, perhaps think again. A recent study from Dutch bank ING has found that cash still reigns supreme. ING says in its report that general sentiments towards cryptocurrencies and their usefulness “have not changed drastically” since the bank conducted a similar survey a year ago. дальше »

2019-9-18 11:37