Crypto Pioneer David Chaum Says His New Blockchain Beats Bitcoin

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eCash creator and pioneering cryptographer David Chaum unveiled his Elixxir cryptocurrency September 19 following two years of behind-the-scenes development. Targeting Consumer Scale Speaking at the Consensus Singapore conference, Chaum said his latest project addressed the shortcomings in speed which currently prevent bonafide blockchain-based assets such as Bitcoin scaling quickly. “It is widely recognized that some fundamental solutions are needed in order for blockchain technology to make the critical leap from store-of-value to consumer-scale payment andRead MoreThe post Crypto Pioneer David Chaum Says His New Blockchain Beats Bitcoin appeared first on Bitcoinist.com.

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Top 6 Cryptocurrencies Adding the Most Data to Their Blockchain

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When it comes to looking at the different cryptocurrencies on the market, the length of one’s blockchain is often discussed as well. Some currencies tend to add a lot of data to their chain compared to others. The following currencies are ranked by the size in kilobytes added during the past 24 hours. Source for […]The post Top 6 Cryptocurrencies Adding the Most Data to Their Blockchain appeared first on NullTX.

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XRP Jumps 14% Following Potential xRapid Launch and New Partnerships

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XRP, the cryptocurrency associated with Ripple and their xRapid settlement system, jumped nearly 14% overnight following a recent 20% jump that can be attributed to a variety of factors. The cryptocurrency is currently sitting at $0.369, up from its 24-hour price of just over $0.32. The continued rise in the cryptocurrency’s price was unexpected, and...The post XRP Jumps 14% Following Potential xRapid Launch and New Partnerships appeared first on NewsBTC.

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Crypto Exchange Kraken Announced Expanding Their OTC Services

  35 minutes before

US-based crypto exchange Kraken announced a major expansion to its over-the-counter (OTC) trading services. The announcement hints a set of ultracompetitive advantages to institutional investors and wealthy individuals looking to invest in large block trades without giving specific details. Last Monday, Sept. 17, Kraken reported on its official blog about expanding its OTC trade services, enhancing large […]Crypto Exchange Kraken Announced Expanding Their OTC Services was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

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XRP to the moon, Ripple Price Analysis

  46 minutes before

Published on CoinnounceRipple price has jumped 30% since Tuesday on expanded volumes of now $600 million in the previous 24 hours. That takes after various declarations identified with more banks joining Ripple’s installments framework called RippleNet. It might likewise be identified with expectation for their meeting, Swell, which none other than Bill Clinton is to open toward the […]The post XRP to the moon, Ripple Price Analysis appeared first on Coinnounce.

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Another Cryptocurrency Exchange Hack Hits Japan

  54 minutes before

Another cryptocurrency heist has shaken Japan. This time, 6.7 billion yen ($60 million USD) worth of company and user funds have vanished from Japanese cryptocurrency exchange platform Zaif.Tech Bureau Corp, the Osaka-based company that operates Zaif, estimates the heist occured on September 14, 2018, between 5 p.m. and 7 p.m. local time. The exchange detected the breach on September 17, 2018, and reported the event to authorities the following day. Of the stolen money, the hacker siphoned 4.5 billion yen (about $40 million USD) from user accounts and 2.2 billion yen (just under 19.5 million USD) from the company’s own assets. The three virtual currencies stolen include bitcoin, monacoin and bitcoin cash. Of those, $37.8 million were bitcoin funds (5,966 BTC). Tech Bureau Corp will be able to tell the exact number of bitcoin cash and monacoin stolen once it gets its servers back up. All the cryptocurrency was taken from a server managing its hot wallet. A hot wallet refers to a wallet that remains online for immediate transactions. In contrast, a cold wallet represents more secure, long-term storage that is kept offline. Japan’s Financial Services Agency (FSA) has already issued two business improvement orders (one in March 2018, the other in June 2018) to Tech Bureau Corp for its lax management structure. Now the financial watchdog is considering issuing a third warning, reports the Japan Times.The exc...

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Charlie Lee Defends Litecoin Against ‘FUD’ from Short-Sellers

  56 minutes before

Litecoin creator Charlie Lee is striking back at what he calls a “concerted effort to suppress” the LTC price on the party of bearish traders and hedge funds who are attempting to short the coin. Writing in a thread posted on Twitter, Lee — who created LTC in 2011 and now develops it full-time —The post Charlie Lee Defends Litecoin Against ‘FUD’ from Short-Sellers appeared first on CCN

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Why Your Financial Advisor Won't Talk to You About Bitcoin

  1 hour before

Bitcoin is in the news, and we’ve all seen the stories about early investors who’ve made millions and driven away in new lambos. So it’s only natural that people who haven’t invested already are wondering if they should. Unfortunately, when they turn to their financial advisors for help, they’re often let down by professionals who can’t or won’t discuss it. Why won’t more financial advisors talk to their clients about bitcoin and other cryptocurrencies? Here are several explanations.Your Advisor’s Firm Forbids Recommending CryptocurrencyMerrill Lynch, Morgan Stanley, JPMorgan and Wells Fargo reportedly do not allow their financial advisors to make cryptocurrency recommendations to clients. Wells Fargo only allows advisors to give their clients research primers on digital currencies, and Merrill Lynch bans its advisors from trading bitcoin futures and Grayscale’s Bitcoin Investment Trust.Other advisors who aren’t banned from discussing crypto with clients are hiding behind their “fiduciary” duties. That's hogwash. An advisor’s fiduciary duty requires them to act in their clients’ best interests. In the case of cryptocurrency, that duty should mean providing well-informed, unbiased information,  not refusing to discuss it or to make recommendations about potential investments. Adding an alternative asset such as bitcoin to an investment portfolio can provide an additional source of uncorrelated alpha, the...

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Is this the best time to buy Cardano? Cardano Price long term analysis

  1 hour before

Published on CoinnounceThe name Cardano sounds familiar does it not? That’s because the whole world is talking about how you would regret if you do not buy Cardano today at the current cryptocurrency market as the opportunities seem vast and beneficial if you buy Cardano now.   What is Cardano? It is another cryptocurrency like bitcoin and […]The post Is this the best time to buy Cardano? Cardano Price long term analysis appeared first on Coinnounce.

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