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TTC Protocol (TTC) Cryptocurrency Price at $0.039323 – Down -6.55 Percent on Major Exchanges Since Yesterday – 24 Hour Volume Hits $1,821,901

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TTC Protocol (TTC) traded down -6.55 percent to dollar in the last day time period closing 01:00 on September 9th EST. TTC Protocol at this time has a marketcap of $8,862,336 and its 24 hour trading volume is approximately $1,821,901. Within the period of time covering seven days, TTC Protocol is -15.02 percent against the dollar together with a move of -0.23 percent through the last hour.

 

 

Let’s take a look at how the other currencies have performed in the last 24h:

 

Happycoin (HPC) is trading at $0.21 against the USD, a -14.52% change since yesterday. The Bitcoin price of HPC is currently at 0.00003465 BTC.

Hackspace Capital (HAC) is trading at $0.00 against the USD, a -4.38% change since yesterday. The Bitcoin price of HAC is currently at 0.00000040 BTC.

Minereum (MNE) is trading at $0.05 against the USD, a -1.64% change since yesterday. The Bitcoin price of MNE is currently at 0.00000796 BTC.

HireMatch (HIRE) is trading at $0.02 against the USD, a -4.98% change since yesterday. The Bitcoin price of HIRE is currently at 0.00000245 BTC.

Binance Coin (BNB) is trading at $9.35 against the USD, a -6.87% change since yesterday. The Bitcoin price of BNB is currently at 0.00151261 BTC.

Equal (EQL) is trading at $0.00 against the USD, a -11.80% change since yesterday. The Bitcoin price of EQL is currently at 0.00000018 BTC.

Canada eCoin (CDN) is trading at $0.00 against the USD, a 0.81% change since yesterday. The Bitcoin price of CDN is currently at 0.00000078 BTC.

TTC Protocol Report

TTC Protocol has a total supply of 225,371,786 coins. It started on 29th January, 2014.

 

Coming from cryptocompare: “TittieCoin is another coin attempting to sync up with the erotic industries – a scrypt proof of work crypto currency.”

 

 

A few useful links are following, should you wish to get more concerning TTC Protocol:

 

Website: http://tittiecoin.com/

Github: https://github.com/tittiecoin

Twitter: TittieCoin™

Reddit: https://www.reddit.com/r/tittiecoin/

Facebook: https://www.facebook.com/Tittiecoin

TTC: For Traders

Anyone can find TTC at trading exchanges like Novaexchange, Yobit, Cryptsy, Cryptopia, DEx,

 

It’s not necessarily always possible to buy cryptos including TTC Protocol instantly using US dollars. Market players looking to purchase TTC may perhaps need to firstly buy Bitcoin or ETH using an market place that has got dollar trading pairs like Coinbase or perhaps GDAX. Buyers will then use this BTC or Ethereum to obtain TTC Protocol using one of the exchanges we listed previously.

http://www.economicsgazette.com/ttc-protocol-ttc-cryptocurrency-price-at-0-039323-down-6-55-percent-on-major-exchanges-since-yesterday-24-hour-volume-hits-1821901.html

 

 

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BITCOINWhat is Bitcoin Dark? How is it different from Bitcoin and Bitcoin Cash?

 

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Coinnounce

Coinnounce

BITCOINWhat is Bitcoin Dark? How is it different from Bitcoin and Bitcoin Cash?Published 13 mins ago on September 8, 2018 By Janet F. Sanchez Bitcoin Dark uses Proof of Stake consensus mechanism and it doesn't require any kind of brute force computations to achieve access to the mining activity.

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Realizing some of the key differences between the various Bitcoin forks and Bitcoin.

Intro

You are absolutely wrong if you consider the cryptocurrency market to be stable. Many of the Bitcoin siblings itself have been causing a lot of disturbance within the Bitcoin as well as the cryptocurrency market in general. Many Bitcoin forks were initiated, in order to solve the problems that persisted in Bitcoin but as they proved to be more efficient and interactive than Bitcoin, the people’s attention automatically was attuned towards them, rendering the high amount of uncertainty in the market. Also, a generalized technological advancement has constantly been supporting the cryptocurrency domain in its widespread adoption. Bitcoin has gone through many forks which also turned out to be proiminant cryptocurrencies just as bitcoin. Bitcoin Cash, Bitcoin Gold and Bitcoin Dark are some of them. Let us go through Bitcoin Dark in detail today.

 

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Coinnounce

Coinnounce

BITCOINWhat is Bitcoin Dark? How is it different from Bitcoin and Bitcoin Cash?Published 13 mins ago on September 8, 2018 By Janet F. Sanchez Bitcoin Dark uses Proof of Stake consensus mechanism and it doesn't require any kind of brute force computations to achieve access to the mining activity.

SHARE TWEET

Realizing some of the key differences between the various Bitcoin forks and Bitcoin.

Intro

You are absolutely wrong if you consider the cryptocurrency market to be stable. Many of the Bitcoin siblings itself have been causing a lot of disturbance within the Bitcoin as well as the cryptocurrency market in general. Many Bitcoin forks were initiated, in order to solve the problems that persisted in Bitcoin but as they proved to be more efficient and interactive than Bitcoin, the people’s attention automatically was attuned towards them, rendering the high amount of uncertainty in the market. Also, a generalized technological advancement has constantly been supporting the cryptocurrency domain in its widespread adoption. Bitcoin has gone through many forks which also turned out to be proiminant cryptocurrencies just as bitcoin. Bitcoin Cash, Bitcoin Gold and Bitcoin Dark are some of them. Let us go through Bitcoin Dark in detail today.

 

 

 

Bitcoin forks

According to the experts, it is estimated that Bitcoin itself has almost 10 to 15 hard forks in the form of siblings. However, most of the hard forks have become insignificant and are very unpopular, but some of the Bitcoin forks have been very dominant and has even witnessed to threaten the existence of Bitcoin itself. Bitcoin Cash along with Bitcoin Dark are only some of the Bitcoin forks which have the capability to give a head to head competition to Bitcoin. In fact, Bitcoin Cash has already gained Momentum and has become one of the top 5 cryptocurrencies in the market Bitcoin Dark, on the other hand, is still in its developmental stages and is sure to provide an immense amount of efficiency as well as scalability to the financial domain.  

 

 

 

Differences between Bitcoin Dark Bitcoin Cash and Bitcoin

One of the key differences between the Bitcoin brothers is the usage of different consensus algorithms according to the respective architectures. It is very well known that the first cryptocurrency, Bitcoin incorporates the Proof of Work consensus algorithm in order to secure the transactional authenticity of the data. It is to be realized that, even Bitcoin Cash incorporates the Proof of Work consensus mechanism, in order to secure its transactional information on the blockchain. On the contrary, Bitcoin Dark uses the efficient Proof of Stake consensus mechanism, where it doesn’t require any kind of brute force computations to achieve access to the mining activity.

Differences in the mining activities

When it comes to the mining activity, it is well understood that Bitcoin along with Bitcoin Cash incorporates the ASIC mining criteria, as they use the intensive Proof of Work Algorithm. On the other hand, as Bitcoin Dark utilizes the Proof of Stake, a mechanism which doesn’t require much processing power, its mining activity is predominantly vested with CPU as well as GPU equipment. In a nutshell, Bitcoin Dark utilizes an eco-friendly approach to the Crypto mining activity as Bitcoin and Bitcoin Cash uses the Proof of Work’s SHA256 which is lesser environmental friendly.

Generalized opinion within the cryptocurrency space

People have a very generalized mindset when it comes to the popularity and the notions of a coin.  With respect to Bitcoin, it is the most well-known cryptocurrency as it has the first mover’s advantage. All the crypto enthusiasts got familiar to the crypto domain only through bitcoin itself. Whereas, even the Bitcoin Cash community was able to tip its popularity amongst the community. Bitcoin Cash’s popularity is mostly due to the transactional capabilities, with faster speed and reduced costs. On the other side, Bitcoin Dark has constantly been under speculations by various cryptocurrency professionals, as it is deemed to be one of the most useless forms of cryptocurrency in the market. But if one carefully observes the various technologies involved by the cryptocurrency blockchain platform, then it is hard to decide that the cryptocurrency is not useful enough.

 

 

 

Which one of the three is worth investing in?

Bitcoin can be considered for a long-term investment. Whereas Bitcoin Cash is also highly reliable as both the cryptocurrency are highly backed up by highly experienced team members but when it comes to Bitcoin Dark, as not much information along with its online popularity is observed to be available on the internet, the cryptocurrency is expected to vanish within the domain itself. The former 2 coins can be considered for investments whereas Bitcoin Dark can be considered for short term gains

https://coinnounce.com/what-is-bitcoin-dark-how-is-it-different-from-bitcoin-and-bitcoin-cash/

 

 

 

 

 

 

 

 

 

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Ghana is second world

Ghana is 2nd Worldwide in Search for Bitcoin online

http://cdn-af.op-mobile.opera.com/news/detail/cfac488fff1bdacd2ac22b0b99e06f15_gh?features=171&client=mini&uid=10cdc3b0f1275f459cf8962f2c7c79206c678822&like_list=laugh-surprise&like_count=60&share=1&sharesource=whats_app&shareuid=3f657cc0b1abbe270bf00fe81ffe259e8f71ad94

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TIME WASTING AND STRESS ARE OVER WITH COFRED.

Cofred is the fastest way to pay and get paid. The ultimate goals at Cofred are to build a secure online global environment for users and merchants that is flexible and easy to use.

The fastest leading online Company (Cofred) in Ghana, Nigeria and Africa as whole, has introduced a new method for buying PayPal on CofredExchange.

PayPal is an online payments system that supports online money transfers and serves as an electronic alternative to traditional paper methods like Cheques and money orders.
https://blog.cofredcoin.com/2018/09/07/time-wasting-and…over-with-cofred/ 

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Malware Targeting Bitcoin ATMs Goes on Sale for US$25,000.

Regular bank ATMs have long been a target for criminals but now bad actors are turning their sights on Bitcoin ATMS as cryptocurrencies gain acceptance.

According to Trend Micro security researchers, a malware targeting Bitcoin ATMs has been discovered in the underground markets. The Bitcoin ATM malware which is being sold at a price of US$25,000 takes advantage of a service vulnerability that allows users to purchase bitcoin worth 6,750 in US dollars, British pounds or euros. The cryptocurrency purchases are done using Near-Field Communication (NFC) or the Europay, MasterCard and Visa (EMV) pre-written cards which are provided to buyers of the malware.

https://blog.cofredcoin.com/2018/09/07/malware-targetin…sale-for-us25000/ ‎

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Iran Legitimizes Crypto Mining Industry, Bitcoin Price Spikes to $24,000 Locally

The Iranian government’s recognition of cryptocurrency mining as a legitimate industry propelled bitcoin price to hit record highs at a time when the country closes in on its own national cryptocurrency to evade sanctions.

According to local news agency IBENA, the country’s High Council of Cyberspace (HCC) has confirmed that the government now sees the mining of cryptocurrencies like bitcoin as a legitimate industry. HCC secretary Abolhassan Firouzabadi stressed that the authority will “declare the framework and final policies” for startups and companies in the cryptocurrency sector before the turn of this month.

Notably, the senior government official pointed to a unified policy approach among several government bodies including the ministries of Communications and Information Technology, Industry, Mining and Trade, Energy as well as the Ministry of Economic Affairs have all agreed that crypto mining “has been accepted as an industry.”

As reported in November 2017, Firouzabadi has taken a decidedly embracive approach to the use of cryptocurrencies in Iran, under regulation.: https://blog.cofredcoin.com/2018/09/07/iran-legitimizes…to-24000-locally/ ‎

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Ethereum Falls

Ethereum price falls to 12 months low as Altcoin suffers

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Number of Australians holding cryptocurrency triples since January despite market plunge

THE number of Australians who own cryptocurrency has nearly tripled since the start of the year despite the market crashing from its peak at the height of crypto-mania in December.

A survey of 2000 people by Finder-backed brokerage firm HiveEx round 13.5 per cent owned crypto in August, compared with just 5 per cent when the same study was conducted in January.

It comes after the price of bitcoin plunged by nearly $US1000 this week to around $US6400 following reports Goldman Sachs was backing away from plans to launch a cryptocurrency trading desk.

“Crypto bulls are feeling the doom and gloom,” ThinkMarkets chief market analyst Naeem Aslam said in a note. “The price of bitcoin is threatening this year’s low once again ($US5887) and this isn’t a good sign at all.”

The 13 per cent decline dragged down the rest of the crypto market, with the total market capitalisation of more than 1900 digital currencies tracked by Coinmarketcap falling by about $US40 billion.

Bitcoin plunged by nearly 15 per cent this week.

Bitcoin plunged by nearly 15 per cent this week.Source:Supplied

Bitcoin had rallied slightly to $US6500 at the time writing after Goldman Sachs chief financial officer Martin Chavez dismissed the reports as “fake news”.

Mr Chavez was reported by CNBC as telling a tech conference in San Francisco the investment bank was still working on a bitcoin derivative because “clients want it”.

According to the HiveEx study, 50 per cent of those who held crypto did so as an investment, 34 per cent blamed FOMO and 26 per cent said they were using it to save for retirement. More than a third said they were planning to pay their tax bill with crypto.

While 80 per cent of respondents said they would use cryptocurrency regularly for day-to-day purchases if it was as easy to use as Australian dollars, the study found many were still wary.

Of those who don’t own any digital currencies, 65 per cent said it was because they didn’t understand or it was too difficult to use. More than one in five said they thought it was a scam. The same number said it was a bubble.

Last month, Finder co-founder Fred Schebesta revealed his plan to create the “first crypto bank of Australia”. Mr Schebesta said the interest now was actually “so much higher” than during bitcoin’s manic rise in 2017.

“Just because the price of bitcoin has gone down and people feel angry, that doesn’t reduce the interest,” he said. “The interest has boomed.”

 

https://www.news.com.au/finance/money/investing/number-of-australians-holding-cryptocurrency-triples-since-january-despite-market-plunge/news-story/92d7fee403ed8e93a53deb9acbcd37b7#

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Horizen (ZEN) Sees 15% Gain As Grayscale Invests $6.3 Million

Grayscale Unveils Horizen-Focused Fund With $6.3 Million Investment

Grayscale Investments, one of the foremost investment-focused firms in the cryptosphere, has just divulged that it will be creating a new fund that will solely be focused on the Horizen (ZEN) crypto asset, a lesser known altcoin that found its legs in late 2017.

Grayscale?@GrayscaleInvest

Grayscale Makes $6.3 Million Bet on Cryptocurrency $ZEN http://fortune.com/2018/09/06/grayscale-cryto-horizen/?utm_source=twitter.com&utm_medium=social&utm_campaign=social-button-sharing … via @FortuneMagazine cc: @jeffjohnroberts

2:29 PM - Sep 6, 2018

Grayscale Makes $6.3 Million Bet on Cryptocurrency Zen

A privacy edge?

fortune.com

Twitter Ads info and privacy

 

 

For those who aren’t in the loop, Horizen is a privacy-centric cryptocurrency project that forked off ZCash’s blockchain in mid-2017. However, this wasn’t a plain old fork, as the team behind Horizen (formerly ZenCash) intended to develop on top of ZCash’s original code to appeal to a broader audience, while also offering anonymous transactions via zero-knowledge proofs (ZK-snarks).

Speaking with Fortune reporters, Rob Vigilone, the co-founder of the cryptocurrency project, revealed the vision for his brainchild. As ZEN’s privacy feature is now well-developed, developers intend to produce apps that leverage ZK-snarks and the Horizen blockchain to offer private messaging, media sharing, voting, and data storage to privacy-conscious individuals, corporations and groups.

Now back to the matter at hand…

Grayscale, who is the firm behind the Bitcoin Investment Trust vehicle, has just purchased $6.3 million worth of ZEN tokens (~400,000 ZEN as per September 5th prices) to establish the aforementioned fund, which will allow accredited investors or financial institutions to essentially purchase shares that ZEN’s every move. Grayscale’s ZEN fund now joins similar vehicles that have a focus on Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, XRP, and ZCash.

 

This move came as a surprise to many, as ZEN is a lesser-known project in this nascent industry, even though it holds a strong position as the 72nd largest cryptocurrency by market capitalization. So while its $83 million valuation is not a figure to scoff at, such an asset would often be off the radar of firms like Grayscale and Coinbase, for example.

However, Michael Sonnenshein, the managing director of Grayscale, spoke with Fortune to explain why his firm decided to make this unexpected move. As per statements from the executive, Grayscale’s top brass believe that Horizen is backed by “superior technology and a strong team” and may prove to be a valuable asset for blockchain-focused companies that intend to utilize the privacy features offered in Horizen’s ecosystem.

ZEN Sees 15% Surge In Otherwise Bearish Market

Once this news broke, ZEN immediately saw a surge in value, as many saw the substantial investment in the project as a bullish sign, to say the least. At the time of writing, ZEN is currently at $18.04 and is up a staggering 14.33% on the day,

Image Courtesy of CoinMarketCap

As a direct result of the news, ZEN quickly became the leading asset in the top 100 cryptocurrencies, as other crypto assets continued to struggle after Wednesday’s sell-off. It is unclear whether this positive price action will continue, but considering that an influential firm like Grayscale purchased a staggering ~7% of all ZEN tokens (and will likely not sell them) may signal that the price of this asset will continue to run in the mid-term.

 

https://ethereumworldnews.com/horizen-gain-grayscale-invests-fund/

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NEWS BITTREX PARTNERING TO LAUNCH CRYPTOCURRENCY TRADING PLATFORM FOR LATIN AMERICA AND THE CARIBBEAN

One of the leading US-based cryptocurrency exchanges is partnering up with a fintech company to launch a digital asset trading platform in Latin America and the Caribbean.


FOCUS ON USER EXPERIENCE

The new digital asset trading platform in Latin America and the Caribbean will supposedly see an enhanced focus on user experience. Bittrex is partnering up with Cryptofacil – a fintech digital asset trading platform which will be responsible for customer operations, support, compliance, marketing, and sales. The team responsible for all of the above is based in Uruguay.

Andres Szafran, co-founder at Cryptofacil said:

With a unique user interface, our platform will allow our customers to manage trades in a simple way, with premium services and competitive market fees. We developed Cryptofacil to focus on basic customer requirements: a simple and easy to use cryptocurrency platform with superior customer support and value-added services in a safe and secure environment.

The new trading platform will be underpinned by Bittrex’s technology and is said to include over 270 token pairings.

Bill Shihara, CEO at Bittrex, notes:

Cryptofacil and Bittrex will provide Latin American and Caribbean customers a reliable, fast and secure trading platform that also offers access to some of the world’s most innovative blockchain projects.

Bittrex is partnering up with Cryptofacil – a fintech digital asset trading platform which will be responsible for customer operations, support, compliance, marketing, and sales.

A STEADY PATH

Bittrex seems to be following a steady course of international expansion. In July, the Bitcoinistreported on another partnership the platform entered into with the London-based invest.com. The joint venture is supposedly going to become “the ultimate platform to trade cryptocurrency in a safe and secure environment.”

The collaboration between invest.com and Bittrex targets primarily the European market. Speaking on the matter, Itai Avnery, spokesman and co-founder in the partnership noted:

Our goal is to become the most reputable platform in the EU and later in numerous countries across the globe.

According to CoinMarketCap data, Bittrex has seen a trading volume slightly upwards of $86 million in the last 24 hours.

 

https://bitcoinist.com/bittrex-in-partnership-to-launch-cryptocurrency-trading-platform-for-latin-america-and-the-caribbean/

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Goldman Sachs CFO Calls Trading Desk Rumors “Fake News”

Bitcoin (BTC), Cryptocurrency–Despite reports surrounding a potential cryptocurrency trading desk by Wall Street goliath Goldman Sachs–and its subsequent closure–the company has since come out to debunk any such reports.

First reported by CNBC on September 6, Goldman Sachs Chief Financial Officer (CFO) Martin Chavez has explained that reports related to the company abandoning its intended cryptocurrency trading desk have been “fake news,” and described the entire scenario as a premature understanding. Speaking at the TechCrunch Disrupt Conference in San Francisco, the CFO of Goldman Sachs put the situation rather bluntly,

“I never thought I would hear myself use this term but I really have to describe that news as fake news.”

 

While Bloomberg had originally reported at the end of last year that Goldman Sachs was working on the implementation of a cryptocurrency trading desk to be launched in 2018, a story out of Business Insider earlier this week claimed that the project had been shuttered. The Business Insider report quoted unnamed sources as the basis of the information, giving evidence that the Wall Street firm had decided to do away with the previously hyped up trading desk. In addition, the story cited the unclear regulatory environment of cryptocurrency–a feature that many have been alluding to as a barrier to institutional investors–was the primary reason for Goldman shelving the project, at least in the interim.

 

Chavez has since come forth to say that the excitement over a Goldman Sachs crypto trading desk got ahead of the facts, with the industry not yet being at the point of maturation necessary for such a venture,
“When we talked about exploring digital assets […] it was going to be exploration that would be evolving over time. Maybe someone who was thinking about our activities here got very excited that we would be making markets as principal and physical Bitcoin, and as they got into it they realized part of the evolution but its not here yet.”

Chavez also went on to say that the bank has no intention to proceed with physical Bitcoin trading at this point in time, claiming that a more reliable custody solution was needed before they would consider the option. However, the company does still provide liquidity for BTC future contracts through CBOE and CME, a feature that some have seen as a prelude for the industry finally obtaining approval by the U.S. Securities & Exchange Commission for Bitcoin Exchange-Traded Funds. Expanding upon the idea of Goldman Sachs venturing into Bitcoin directly, Chavez called the idea “tremendously interesting,” but also went on to state that it would be challenging to implement in the current market form,

“Physical bitcoin is something tremendously interesting, and tremendously challenging. From the perspective of custody, we don’t yet see an institutional-grade custodial solution for Bitcoin, we’re interested in having that exist and it’s a long road.”

https://ethereumworldnews.com/goldman-sachs-bitcoin-trading-desk-fake-news-2018/

 

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Southeast Asia’s Biggest Crypto Exchange Adds 4 Million Users in 2018.

 

Throughout the past year, Coins, the biggest crypto exchange and brokerage in Southeast Asia, has more than tripled its user base from 1.5 million to more than 5 million users, adding 4 million users during a market correction.

In June, CCN reported that Coins became the first cryptocurrency startup in the Philippines and all of Southeast Asia to reach 5 million users. Since then, the company has aggressively targeted other markets in the region including Malaysia and Thailand, establishing highly anticipated cryptocurrency brokerage infrastructure in countries that lack exchanges and trading platforms.

Partnership With Tens of Thousands of Remittance Outlets

The Philippines’ finance sector is structurally different compared to most other countries. The vast majority of Philippine workers and professionals are unbanked and do not rely on banking services to send and receive money.

Instead, most rely on local remittance networks like Lhuillier and Palawan Pawnshops that operate more than 10,000 branches across the country. At remittance outlets, residents can withdraw and send money, pay utility bills, acquire microinsurance, and receive loans.

Speaking to Tech in Asia, the Coins.ph team, which oversees the Philippine market of Coins, stated that its partnership with Palawan’s 2,500 brick-and-mortar outlets streamlined the process of gaining mainstream adoption in the local market.

Coins CEO Ron Hose said:

“Payments is not an easy business. You have to get everything right – your product, your marketing, your technology. You have to make sure that customer funds are safe, that you’re following regulations and compliance, that someone can help users if they have an issue.”

Since its launch in 2014, Coins has stayed true to its roots to support the unbanked. On Coins.ph, Coins.my, and Coins.th, it is possible for users to buy and sell cryptocurrencies like Bitcoin, Ethereum, and Bitcoin Cash, pay utility and credit card bills with cryptocurrencies, and cash out funds stored in digital assets via local banks and remittance outlets.

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Bahrain Minister Hails Blockchain Technology, Urges Adoption.

Bahrain Minister of Electricity and Water Affairs, Dr. Abdulhussain Mirza has called blockchain technology a “true mark of progress” as he urges companies to take full advantage of its benefits.

Speaking at the SmartSec Cyber Security and Blockchain Conference 2018, Mirza said the blockchain technology is an “important advancement” that helps us find a secure way to “facilitate transactions.

 Technologies such as blockchain take us a huge step forward in finding a secure way to facilitate transactions. Blockchain’s ability to protect user’s data is a true mark of progress, because it can be applied in different companies from different industries including cybersecurity.

The Minister also urged Bahraini companies to embrace the initiative as it has the power to promote “innovation” among the “great minds of the community.” He also spoke on cybersecurity and its threat to the global community. According to Mirza, “cyber-security is an essential part of our lives,” and the threat of cyber-attacks should not be taken lightly.

“These global cyber-attacks affected more than 60 countries including Bahrain last year, and the Central Bank of Bahrain recently issued a warning to banks and financial institutions of orchestrated attacks planned at ATMs around the world,” he added.

Bahrain has remained silent on where it stands with blockchain and cryptocurrencies, while Dubai has continued to revolutionize the region with giant strides made in the use of blockchain, Internet of Things and Artificial Intelligence. Mirza’s words is an unexpected voice of reason in an area that is not known for taking bold steps.

Nonetheless, the country issued a regulatory sandbox license to Palmex, a digital asset exchange funded by ArabianChain Technology, allowing it to trail it services as regulators set the stage and consider necessary controls for trading digital assets.

ArabianChain founder and CEO Mohammed Alsehli had said at the time, “As the only regional digital asset exchange with a Sandbox license, we expect to see a significant rise in awareness and adoption, driving a huge spike in the number of trades and token-

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Turkey’s National Stock Exchange Builds Blockchain Database Platform

Borsa Istanbul, Turkey’s state-backed stock exchange, has announced the development of a blockchain platform that will store details of new customers and share documents on a decentralized network.

In an announcement on Wednesday, the bourse operator said the blockchain platform was developed in-house to accommodate Know Your Customer (KYC) norms, registering new customers and the sharing of information and documents securely in a ‘fast, reliable and transparent platform’.

Notably, the blockchain platform has already enabled a number of entities including the national depositry, the clearing and settlement authority as well as Borsa Istanbul to share and sync their customer databases.

In translated statements reported by local newswire Anadolu, the bourse said:

With the blockchain-based project, which was prepared by Borsa Istanbul IT team, information in the customer database of Borsa Istanbul, Istanbul Clearing, Settlement and Custody Bank (Takasbank), and the Central Securities Depository of Turkey’s (MKK) has been synchronized.

Further, document management and the editing of customer information will also be facilitated on the blockchain network. “In this way, possible mistakes in the information input into the database will be avoided,” the statement read.

Borsa Istanbul adds that the platform is technically adept and capable to “perform a high number of operations and can be used in other projects”, explaining its security framework borrows from the robust safeguards enabled by blockchain technology.

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Market Overview

Bitcoin - USD (^BTCUSD)

6,450.08 -503.93 (-7.25%) 23:20 CT (CRYPTO)

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Jun 18Jul 2Jul 16Jul 30Aug 13Aug 275,500.006,000.006,500.007,000.007,500.008,000.008,500.006,450.56

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Market Capitalizations

Full List

  Name Symbol Last %Chg Volume Market Cap 

Bitcoin

BTC

6,430.81

-7.52%

$6,561,254,703

$111,539,160,801

Ethereum

ETH

227.3660

-7.48%

$2,703,969,809

$23,233,083,943

XRP

XRP

0.283500

-3.87%

$410,388,227

$11,461,465,528

Bitcoin Cash

BCH

509.7490

-6.72%

$586,396,025

$8,860,074,479

EOS

EOS

5.021210

-8.11%

$1,143,842,822

$4,597,914,500

Stellar

XLM

0.198153

-14.16%

$75,731,541

$3,720,077,153

Litecoin

LTC

55.14500

-8.90%

$410,182,005

$3,242,638,417

Tether

USDT

0.996709

-0.29%

$4,614,703,661

$2,747,351,166

Cardano

ADA

0.085933

-18.57%

$116,871,416

$2,227,999,806

Monero

XMR

114.6725

-5.95%

$63,172,927

$1,893,032,092

IOTA

IOT

0.557600

-11.07%

$60,317,678

$1,566,844,154

Dash

DASH

169.2881

-9.36%

$176,114,559

$1,409,750,183

TRON

TRX

0.020899

-17.00%

$161,821,007

$1,374,072,096

NEO

NEO

19.03410

-10.03%

$156,735,538

$1,244,879,931

Ethereum Classic

ETC

11.45590

-7.45%

$273,732,182

$1,202,748,924

Binance Coin

BNB

9.710633

-14.99%

$29,766,948

$927,487,098

NEM

XEM

0.100520

-18.21%

$20,658,486

$904,682,821

 

VeChain

VET

0.015612

-19.40%

$55,024,202

$865,736,303

Tezos

XTZ

1.230303

-14.69%

$3,450,567

$747,395,840

Zcash

ZEC

126.9010

-7.46%

$139,186,287

$601,978,367

Dogecoin

DOGE

0.004939

-5.79%

$55,480,168

$572,973,036

OmiseGO

OMG

3.691570

-9.30%

$45,328,869

$522,700,500

Lisk

LSK

3.756741

-18.56%

$6,964,362

$412,573,761

Bitcoin Diamond

BCD

2.679596

+102.18%

$197,827,006

$412,006,351

Bytecoin

BCN

0.002053

-23.83%

$10,077,904

$377,863,665

 

https://www.barchart.com/crypto

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Crypto world rocked after long-time advocate backpedals

It’s a dark day for crypto when one of the best known platforms offering peer-to-peer trading, more in line with the original vision for Bitcoin than centralized exchanges, will start asking users for personal information. 

Erik Voorhees, chief executive officer of cryptocurrency exchange ShapeShift AG, said in a blog post on Tuesday the platform is launching a membership program, which "requires basic personal information to be collected." And will "become mandatory soon." It seems like .. 
 

Read more at:
//economictimes.indiatimes.com/articleshow/65695748.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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Cryptocurrencies widely plunge after report Goldman is rolling back plans

Bitcoin prices continued to take a hit on Thursday morning Asia time, following a report that Goldman Sachs was dropping its plans for opening a trading desk for cryptocurrencies.

The world's largest digital currency fell to a low of $6,279.08 around 8:36 a.m. HK/SIN, according to data from industry outlet CoinDesk.

Beyond bitcoin, the price of other cryptocurrencies also continued to plunge, according to tracking site CoinMarketCap. As of 11:09 a.m. HK/SIN, the price of ethereum had fallen by 19.72 percent in only 24 hours, while Ripple's XRP token had seen its value dive by 13.92 percent and bitcoin cash dropped by 18.79 percent during that time.

Digital currencies often move in tandem, pulled by the fortunes of bitcoin — which far exceeds its peers in terms of market size. Despite recovering a bit from its earlier daily low, bitcoin is still down about 12 percent over the last 24 hours, according to CoinMarketCap. That figure roughly matched the percentage change shown in CoinDesk's price tallies.

The major recent news in the crypto space came from a WednesdayBusiness Insider report, which cited people familiar with the issue saying Goldman continues to see uncertainty in the regulatory landscape for cryptocurrencies. In October of 2017, the Wall Street behemoth had said it was looking into the possibility of launching a new trading operation focused on bitcoin and other digital currencies.

The report also cited executives as concluding that more steps, many of which are beyond the company's control, need to be taken before a regulated financial institution would be allowed to trade cryptocurrencies.

 

In October of 2017, Lloyd Blankfein, Goldman Sachs' outgoing CEO, had tweeted that the bank was "still thinking about bitcoin."

Another bit of recent bearish news for cryptocurrencies came late last month when the U.S. Securities and Exchange Commissiononce again rejected proposals for a bitcoin exchange-traded fund as it continued to voice concern over fraud and possible manipulation in bitcoin markets. In bids to attract institutional investors, multiple groups have attempted to obtain SEC approval for cryptocurrency-focused exchange-traded funds.

According to data from CoinMarketCap, the cumulative market cap for all cryptocurrencies expressed in U.S. dollars has plunged approximately 72 percent since the beginning of 2018.

https://www.cnbc.com/2018/09/06/bitcoin-other-cryptocurrencies-plunge-after-report-on-goldman-plans.html

 

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Alibaba, IBM Ranked Top Globally for Number of Blockchain Patent Filed

Tech giants Alibaba and IBM are vying for the top spot on a new list that ranks global entities by the number of blockchain-related patents filed to date, published August 3.

iPR Daily — a media outlet specializing in intellectual property — says it consolidated data as of August 10 from across China, the EU, America, Japan and South Korea, as well consulting the International Patent System from the World Intellectual Property Organization (WIPO).

China’s Alibaba only just seals first place, having filed a total of 90 blockchain-related patent applications, whereas IBM has to date filed a total of 89.

In third place is Mastercard — with 80 filings — followed by Bank of America, with 53. Fifth on the new list is China’s central bank, People's Bank of China (PBoC), which has filed a total of 44 patent applications devoted to its project for central bank digital currency.

WIPO data has previously indicated that the highest number of patent filings for blockchain technology in 2017 came from China, which filed 225 that year as compared with the America’s 91 and Australia’s 13.

China’s embrace of the technology is counterbalanced by an increasingly stringent stance against decentralized cryptocurrencies, which has intensified yet further in recent weeks.

This split position is mirrored by Alibaba’s founder Jack Ma, who has been vocal in his endorsement of blockchain, even while reserving skepticism for cryptocurrencies.

IBM for its part has been steadily expanding its involvement in blockchain across diverse fields, recently signing a five-year $740 million deal with the Australian government to use blockchain and other new technologies to improve data security and automation across federal departments, including defense and home affairs.

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Crypto Mining Accepted as an Industry by Iranian Authorities.

The Secretary of Iran's Supreme Cyberspace Council revealed that various ministries of the country’s government have accepted crypto mining as an industry, local news agency IBENA reports September 4.

According to the report, the Cyberspace Council’s secretary Abolhassan Firoozabadi stressed that the mining of cryptocurrencies such as Bitcoin (BTC) has been approved as an industry by major government authorities. However, official legislation forming a legal framework for the industry has yet to be introduced in the country.

Firoozabadi said that crypto mining has been accepted as an industry by Iran’s major authorities, including the Ministry of Information and Communications Technology, the Central Bank, the Ministry of Industry, Mine and Trade, the Ministry of Energy, as well as the Ministry of Economic Affairs and Finance.

Firoozabadi stated that the Iranian National Cyberspace Center is developing a platform for cryptocurrency mining regulation. He added that the government is also considering the launch of a national cryptocurrency in order to create a financial tool to cooperate with Iranian business partners amid economic pressure from U.S. sanctions.

The secretary reportedly claimed that the relevant authorities will introduce a regulatory framework for crypto-related startups and firms in late September.

In late August, Iran’s National Cyberspace Center revealed that the draft of the state-backed cryptocurrency project is ready, following instructions from President of Iran Hassan Rouhani. At that time, the deputy director in charge of drafting regulations for Iran's Supreme Cyberspace Council claimed that the idea of launching a national cryptocurrency is being actively pursued.

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BITCOIN PRICE LATEST: CRYPTOCURRENCIES INCLUDING ETHEREUM, LITECOIN AND RIPPLE ALL DECLINE IN VALUE

Bitcoin’s price has dropped by 6.15 per cent over the last 24 hours - while almost all of the alternatives to the market leading cryptocurrency are also in decline.

At the time of publication, all but two of the top 50 digital currencies by market capitalisation have fallen in value since yesterday, according to CoinMarketCap. 

Bitcoin is now valued at $10,526 (£7,594) as a result of the drop - thought to have been sparked by the US Securities and Exchange Commission warning that platforms being used to trade digicoins will ultimately have to be registered before they are allowed to continue operating.

Ethereum, the second most valuable digital currency, is down 7.62 per cent to $799.61 (£576.96) while ripple XRP, the third most valuable digital currency, is down 6.81 per cent to $0.90 (£0.65).

:: Follow the latest bitcoin news on our liveblog

Bitcoin cash and litecoin, which complete the top five, are down 6.81 per cent and 7.01 per cent respectively. They are now valued at $1,153 (£832) and $189.49 (£137) in turn.

?Golem, ranked 55 of the 1,541 digital coins on the market, suffered the biggest decline of anyone in the top 100, having fallen by 16.63 per cent to $0.38 (£0.27). 

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