coin renders

Use our news to inform cryptocurrency trading decisions, stay up-to-date on happenings in the industry, and more!

Gemini To Become First BitLicensed Exchange To Offer Trading in Zcash
The New York State Department of Financial Services has authorized Gemini Trust Company to offer trading of Zcash, Litecoin and Bitcoin Cash. Tyler Winklevoss, Chief Executive Officer of Gemini Trust Company, LCC said, “We are proud be the first licensed exchange in the world to offer Zcash trading and custody services and look forward to providing customers with a safe, secure, and regulated place to buy, sell, and store Zcash, an incredible new form of digital cash.”

Crypto Mining Company Coinmint Moving To Revamp 1,300 Acre Alcoa Plot
Once used for aluminum smelting, an Alcoa plant in Upstate New York is going to be converted into one of the world’s largest bitcoin mining centers. CNBC reports Coinmint said Tuesday it “would invest up to $700 million in the upstate New York location, which it expects to be the biggest bitcoin mining center in the world. The project will create an estimated 150 jobs over the next 18 months.”

Cryptocurrency Theft Malware Now An Economy Worth Millions
According to a new research report titled “Cryptocurrency Gold Rush on the Dark Web” by Carbon Black, the market for malware and tools designed for the theft of cryptocurrency is growing swiftly. ZDNet states, “The researchers estimate that over the past six months alone, a total of $1.1 billion has been stolen in cryptocurrency-related thefts, and approximately 12,000 marketplaces in the underbelly of the Internet are fueling this trend.”

Image courtesy of Carty Sewill, http://cartyisme.com/.

Cold storage through a hardware wallet such as the Ledger Nano S is among the safest, most secure, and widely recommended way to store crypto assets. However, using a hardware wallet isn’t always straightforward: not all coins are supported, user interfaces are clunky, and users are often required to use multiple apps to interact with different blockchains.

Ledger, the company behind the best-selling Ledger Nano S hardware wallet, seeks to rectify those user experience issues with new desktop and mobile applications that unify all supported cryptocurrency tokens under one central app and dashboard. Ledger first announced the new applications, which will take the place of the existing Google Chrome apps provided by Ledger, back in February of this year.

In a Twitter post, Ledger has revealed that the “initial version” of the Ledger Wallet desktop native application will be available starting on July 9th. Ledger says that even though there is an added wait to their original launch estimate, the wait will be “worth it.” The firm says regular periodic updates will follow after launch – the first of which should be adding ERC20 support.

The mobile version of the Ledger Wallet application is still on track for an “end of Q4 2018” release.

The new Ledger Wallet app is a web-based solution (the current Ledger Manager app is Google Chrome browser-based) that will support 28 different cryptocurrency tokens, multiple ledger devices, and come with a central dashboard to manage all aspects of a user’s digital currency portfolio, including sending and receiving crypto tokens, as well as viewing account balances and transaction histories.

In future updates, Ledger expects to eventually support over 100+ cryptocurrencies, enable integration of third-party apps, and more.

Ledger is a Paris, France-based company founded in 2014 with the goal of “securing the new disruptive class of crypto assets.”

Reddit user /u/Aiwa4 has created a tool named Investor Data, which follows Reddit comments looking for specific keywords referencing cryptocurrencies. This data is used to track the popularity of various cryptocurrencies. The tool is available to anyone on the internet and is funded by donations.

Investor Data

Investor Data's main interface

 

Currently, Investor Data tracks  27 cryptocurrencies over 3 subreddits. Namely /r/CryptoCurrency, /r/CryptoMarkets, and /r/BitcoinMarkets are used as the data source. Aside from Bitcoin and its forks, due to an issue separating similar names, ‘most’ top 20 cryptocurrencies make up the list of 27. The data is placed on a table, with a percentage and time used to indicate popularity. The table is updated every 5 minutes and requires a reload to update locally.

Further planned features for Investor Data include interactive graphs and a JSON based API. Also mentioned is a plan to implement a similar tool for Google Trends and Twitter, and the possibility of putting all the data together for a more complete look at the cryptocurrency community.

Most popular currency on Reddit

EOS's rankings on Investor Data at the time of writing

Investor Data reported that the most talked about currency at the time of writing was EOS, with Ethereum and NANO tied for second place.

The spread of data over time provides a nice look into whether or not a given amount of activity is new. Short-term increases, for example, would indicate hype around a cryptocurrency, while long-term increases without similar short-term numbers could indicate sustained interest.

Issues

Currently, the site does not have a valid SSL certificate, meaning that malicious parties may be able to fake the site for their own benefit. Otherwise, as stated above, the tool currently does not differentiate between forks that have similar names, for example, Bitcoin and Bitcoin Cash. Therefore, any statistics referencing these coins will be for every fork. Investor Data’s FAQ does state that differentiating forks with similar names is being worked on. There is not a timeline available for when this will be fixed.

 

Update: /u/Aiwa4 has stated in a comment to BlockExplorer that they plan to procure an SSL certificate to remedy the above mentioned issues with SSL.

 

coin renders

Use our news to inform cryptocurrency trading decisions, stay up-to-date on happenings in the industry, and more!

US Department of Justice, CFTC Investigating Bitcoin Market Manipulation
The United States Department of Justice has launched a probe into claims of market manipulation across bitcoin markets. BlockExplorer’s Tony Spilotro tells us that the investigation is in collaboration with the Commodities and Futures Trading Commission, which oversees derivatives of bitcoin and other coins.

Revolut Users Make 100,000 Bitcoin, Litecoin And Ethereum Exchanges Every Day
Forbes reports, “London-based fintech startup Revolut — which is today adding Bitcoin Cash and Ripple XRP to its cryptocurrency trading app — has revealed its users make around 100,000 Bitcoin, Litecoin and Ethereum exchanges everyday.”

Coinbase To Add Crypto Staking Feature in the Future
San Francisco-based Coinbase, one of the United States largest cryptocurrency exchanges, is following up their most profitable fiscal year with aggressive expansion, making a number of big-name acquisitions such as Earn and Cipher Browser, and rolling out an extensive suite of new products aimed at satisfying the needs of institutional investors.

American Express Announces a Blockchain Application To Its Membership Rewards Program
American Express is integrating blockchain technology developed by Hyperledger, an open source blockchain project, that will let merchants create customized offers for cardholders.

Image courtesy of Carty Sewill, http://cartyisme.com/

800x600tb_op1.1

PRESS RELEASE:

On June 20, Tbilisi will host the main crypto event of Georgia – Blockchain & Bitcoin Conference Georgia 2018. Participants and partners of the event are founders and promoters of the blockchain industry in the country.

Program and partners

The conference will feature Georgian and foreign crypto experts: entrepreneurs, investors, founders of blockchain companies, developers, representatives of state authorities, lawyers and economists.

Partners of the event are founders of blockchain industry in Georgia: Association Blockchain Georgia, Bitcoin Embassy Georgia and Blockchain Systems Institute. These organizations became the most active propagandists of blockchain and digital assets in the country.

Guests will enjoy discussions on topical issues: specifics of mining in Georgia, state regulation and state administration, prospects of ICO holding in the country.

Exhibition area will include well-known companies representing the international blockchain industry: suppliers of mining equipment and farms, ICO projects, blockchain platforms, integrators, developers and organizations providing technological and financial services.

Venue

The event will be held in the upmarket hotel Radisson Blu Iveria Hotel in the center of Tbilisi. Address: 1 Rose Revolution Square.

Organizer

The event is held by the international company Smile-Expo, which created a network of blockchain events in 20 countries. For 12 years of its activity, it has established itself as the organizer of large-scale industry events in Europe, Asia and even in Australia.

Follow the news on the official website of Blockchain & Bitcoin Conference Georgia.