Month: July 2018

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What if ethereum looked more like monero? Fusing the privacy features of the latter into ethereum would make many of the platform’s stakeholders, including developers who have been working on privacy-enhancing features for some time, excited. But privacy techniques are rarely utilized because of the serious trade-offs presented – such as larger storage requirements and
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Cryptocurrency investment firm Pantera Capital reported a more than 10,000 percent lifetime return on Friday, coming five years after its formation. In an email, co-chief investment officers Dan Morehead (who is also CEO) and Joey Krug shared the figure as they celebrated the fund’s fifth anniversary. Perhaps unsurprisingly, they’re still bullish about bitcoin, particularly in
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Ethereum developers are already implementing code for Constantinople, the network’s next system-wide upgrade. The second part of a series of upgrades to make the ethereum network more efficient and less costly in terms of fees, Constantinople will be activated sometime before October’s Devcon4 ethereum conference, according to stakeholders during a core developer meeting Friday. That
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Decentralized cryptocurrency wallet SafeWallet is launching a new QR code-based user identification system to replace mnemonic phrases and private keys, the firm announced Friday. The app, operated by China-based Cheetah Mobile, will use a two-tier security system to grant users access to their holdings, according to a press release. The first stage will have users scan
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Professional consulting giant Accenture Global Solutions may be considering using blockchain to streamline and automate shipping logistics. According to a document published by the U.S. Patent and Trademark Office on Thursday, the proposed system would determine certain types of attributes for objects being shipped and store that information on a blockchain. The proposed system will
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Advertisement Within hours that the SEC announced that it has rejected a proposed bitcoin ETF submitted by the Winklevoss Twins, the bitcoin price dipped below the $8,000 mark and is now currently teetering back and forth across that psychologically-significant level. CCN reported on the breaking ETF announcement earlier today. About the ETF The announcement comes after
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Advertisement Editor’s Note: The price analysis was drafted at 19:30 UTC, July 26th. Amid a treacherous start to 2018, Bitcoin began bouncing back May 10th when the coin’s market capitalization dominance began its 11% ascent to 46.9%. In the past week Bitcoin has returned 9.7%, and in the last month is up almost 45%. In
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Crypto security startup BitGo’s latest technology – “predictive UTXO management” – sounds technical, but it’s got an end goal that everyone will understand: cutting crypto fees. Revealed exclusively to CoinDesk, BitGo is the first mainstream crypto company adopting a spin on “coin selection,” a scaling technology that’s been one of many touted as a way to
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Iran may soon issue its own cryptocurrency as a way to bypass new economic sanctions enacted by U.S. President Donald Trump. A plan to develop an “indigenous” cryptocurrency is currently on the agenda of the government’s Science and Technology Department, according to Iran’s official news outlet PressTV. Alireza Daliri, the department’s deputy head in charge of investment
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