Top 5 Peer-to-Peer (P2P) Bitcoin Exchanges In India
Binance Review 2020: Is it Still the Best Crypto Exchange ...
How DeFi Can Work for India Binance Blog
Buy Bitcoin & Cryptocurrency in India Bitcoin Exchange ...
Bitcoin As An Election Hedge; Binance’s Bait And Switch
Binance Becomes Member of India’s IAMAI Crypto Exchange ...
Cryptocurrencies on pace to close volatile trading week positive following Ethereum Classic addition to Coinbase Index Fund and the launch of the BOLT privacy overlay for Zcash on the lightning network
Developments in Financial Services
Binance is launching a JV with Liechtenstein Cryptoassets Exchange (LCX) to launch a fiat to cryptocurrency exchange, Binnace LCX. The exchange/platforming will be based in Liechtenstein and offer trading between Swiss Francs (CHF) and euros (EUR) against major digital currencies pairs with the potential for new trading pairs in the future.
bloXroute Labs, along with a partnership with a team of student at Northwestern University, are experimenting with a trustless scheme to address the scalability limitations of Bitcoin’s P2P platform. At the moment, with the Lightning Network, Bitcoin transactions capacity is capped at 82 BTC. According to Sarit Markovich, professor of strategy at Kellogg School of Management at Northwestern University, the bloXroute solution is scaling at 100x better and are targeting 1,000x.
BOLT, a privacy overlay for the lighting network that will be applied to zcash, was formally launched on Github today. BOLT will obscure transaction, balances and sendereceiver identities. The BOLT upgrade to the zcash protocol is considered a soft fork.
Coinbase, according to CEO and co-Founder Brian Armstrong in an interview with Bloomberg, is adding 50k new users a day. Assuming this run-rate, it implies Coinbase will add 350k new users a year.
DGE, a South Korean blockchain developer, who launched its native cryptocurrency TMTG a few weeks ago that is linked to value of gold is attempting to partner with global gold exchanges (after agreements with the Korea Gold Exchange and Vau Diamond Exchange) to create a stable ecosystem for TMTG. In the opinion of DGE, many cryptocurrency developers do not consider the stability of their coins and its impact to the ecosystem these cryptocurrencies support.
Ethereum Classic is +18% this morning after crypto’s inclusion into the Coinbase index fund after being added to the Coinbase Pro trading platform. At the moment, Ethereum Classic has a 0.91% allocation in the fund.
Huobi, the Singapore-based cryptocurrency exchange (and third largest cryptocurrency exchange in the world), has announced partnerships with Yatai International Holding Group, Vnesheconombank, Chi Fu Group, Asia International Finance Holdings, and Dbank Group to create cryptocurrency trading exchanges/platforms in the Philippines, Taiwan, Indonesia, and Canada. The five companies will use Huobi’s Cloud service which will provide the different platforms with the tools they need to open their exchanges on a proven framework.
LINE, a Japanese social messaging app, announced that is forming a USD$10mm blockchain venture capital fund. The company believes the decision to create a blockchain venture fund will make LINE one of the first publicly traded companies to formalize token investments through a corporate fund structure.
Pantera Capital announces it has raised USD$71mm for a third cryptocurrency fund. Calling it Venture Fund III, Pantera has already begun to make investments following an allocation to cryptocurrency trading platform Bakkt (that has a JV with ICE).
Ripple Labs continues to focus on expansion plans, even in the face of recent lawsuits from the District Court of California. The lawsuits content that Ripple’s native cryptocurrency, XRP, should be considered a security which the company flatly rejects. In spite of these issues, Ripple Labs remains focused on its overseas expansions plans in Asia and the Middle East.
Ripple Labs has endorsed three cryptocurrency exchanges, Bittrex, Bitso, and Coins.ph as its preferred partners for transactions with Ripple’s xRapid payments system. Management at Ripple Labs is encouraging users in the US, Mexico and the Philippines to use these exchanges while transacting with xRapid. XRapid is a solution for Ripple’s blockchain-based real-time gross settlement system and is meant to facilitate international fiat transfers between financial institutions.
Square announces that customers will be able to buy/sell Bitcoin via its Cash App across all 50 states in the United States.
The Tokyo Stock Exchange (TSE) is publicly expressing concerns about the acquisition of Beat Holdings, listed on the TSE, by Noah Ark Technologies, a Hong Kong-based cryptocurrency frim. The TSE concerns are related to management’s bias to stay away from the cryptocurrency sector.
The Australian Securities Exchange (ASX) is exploring using a distributed ledger technology (DLT) in place of its current clearing house electronic sub-register system. According to Dominic Steves, Managing Director and CEO of the ASX, shifting to a DLT system would save the exchange as much as USD$23bn. A DLT would permit customers to use nodes instead of sending messages and connect to the whole database instead of having to communicate with several different databases and should help eliminate errors.
Bitmain’s upcoming IPO is coming under scrutiny as investors continue to worry about its long-term viability. Specifically, there seem to be concerns about Bitmain’s reserve of Bitcoin Cash which is considered an illiquid position given the daily turnover in current Bitcoin Cash markets. Bitmain’s IPO is currently being valued at USD$18bn.
Bloomberg is reporting that a Bitcoin-based ETN that is listed on Nasdaq Stockholm will begin targeting US investors. The ETN, Bitcoin Tracker One, is listed and traded in Sweden but is now being quoted in USD$. Traders will buy the ETN in a similar way that they buy ADRs where transactions are in USD$ but settlement, clearing and custody will be done in SEK.
Alexander Petersons, product director of cloud mining service Hashtoro.com and self-proclaimed crypto-enthusiast, believes the cryptocoin industry will begin shifting to cleaner and smart mining by taking advantage of local climates to help reduce electricity consumption. While cryptocurrency critics cite costs of crypto mining as an impediment that will limit widescale adoption of digital currencies, Petersons and the team at Hashtoro.com believe the use of clean energy will help address the challenges of scalability.
Bitcoin.com CEO Roger Ver has hinted the online cryptocurrency news publisher may consider an ICO in the future. The topic was brought up during a conversation with one of Bitcoin.com’s lead developers about developing tokens on the Bitcoin Cash blockchain - - Bitcoin.com published a new tool helping aspiring developers to build tokens on the Bitcoin Cash protocol.
A group of researchers/hackers have claimed to have hacked John Mcafee-backed hardware wallet Bitfi. According to its advertising, Bitfi claims to be unhackable. The researchers/hackers claim to have had complete access to a Bitfi wallet for the past two weeks, tracking data being sent out of the wallet while still being connected to the Bitfi servers.
According to a research report by Citrix, 59% of UK companies have been affected by cryptojacking malware. Cryptojacking malware employs its victim’s computational resources without their permission in order to mine cryptocurrencies for the attacker and leads to a wasteful increase in electric power consumption and the slowing down of affected devices. According to Citrix’s research, 80% of the cryptojacking cases took place in the last six months.
Deviant coin releases its whitepaper ahead of the launch of its hybrid decentralized exchange and its open-source hardware wallet. The novelty of Deviant is that it proposed to create rewards within its ecosystems without the typical centralized control of node operators. The Deviant network offers improved speed with stealth addresses for complete anonymity, encrypted messaging for secure communication, low transaction fees, lower confirmation time, and a limited total supply.
The Ethereum community continues to struggle with DApps topping the number of downloads on the blockchain network that are promising investments with high returns that turn out to be fraudulent. As an example, Team JUST, the anonymous development team behind the gambling DApp FOMO 3D is warning that an indentical version of its game is eating up 1/3 of the Ethereum network’s total computational power and raising USD$7mm over the past week.
Genesis Mining, an Iceland-basd hashpower hosting service, is forcing customers to upgrade their Bitcoin mining contracts following this year’s drop in cryptocurrency valuations. The company is discounting the upgrade price of its Radiant service per 1 TH/s to USD$180 from USD$285. In 60 days, Genesis announced it will terminate open-ended contracts that mine less than the daily maintenance fee.
Hash House, a crypto-themed café and workshare space in the city of Xi’an, the capital of Shaanxi Province in China, has recently launched. Among its many features, Hash House will provide visitors with learnings materials on cryptocurrencies and will hose seminars and meetups on different crypto topics.
China News reports that the Hong Kong University of Science and Technology (HKUST) Business School has received a USD$20mm research grant to investigate the security capabilities of electronic payment systems. Partnering with University of Hong Kong (HKU), the Chinese University of Hong Kong (CUHK), and the City University of Hong Kong (CityU), the HKUST-led research initiative will focus on artificial intelligence, network security and blockchain technologies.
During an unofficial discussion with Quartz India, unnamed state official in the Indian government, which is examining the impact of the virtual currency ecosystem.
IBM files updates to a pending patent for managing a databases management system (DBMS) using a blockchain database. The patent was initially filed in December 2017 and covers the idea of connecting a blockchain databases with a traditional central database.
Joe Lubin, the co-founder of Ethereum and ConsenSys, does not see the recent sell-off in cryptocurrencies constraining growth of the crypto ecosystem. In an interview with Bloomberg, Lubin suggested the recent run-up in cryptocurrency valuations is similar the previous six bubbles with each bubble more pronounced than the previous.
Joe Lubin, the co-founder of the Ethereum Foundation, during an interview with Bloomberg, claims Ripple is not a blockchain technology and is not a competitor for Ethereum. In Lubin’s mind, Ripple is a payment system, not a blockchain technology. In the case of EOS, Lubin cautions against its decision-making framework and doesn’t believe it is should be treated as layer-one technology yet.
Users can now be paid to participate on the lightning network nodes. The average fee on the lightning network currently is about 1 satoshi. In comparison, the montly income of using the lightning network has been estimated to be closer to USD$2 for a prominent application developer.
Microsoft recent patent applications suggests the company is looking to use trusted execution environments (TEEs) within its blockchain technology. TEEs are pre-determined types of blockchain or other security protocols in validation nodes. TEEs will help assist in the implementation of consortium blockchain networks and will also assist in verifying blockchain transactions on networks where multiple pre-authorized entities must interact.
Saudi Arabia officials warn citizens in a formal joint statement from the Ministry of Trade & Investment, Ministry of Information and Saudi Arabian Monetary Agency that trading Bitcoin and other cryptocurrencies are illegal in The Kingdom. This press release is in contrast to The Kingdom’s positive disposition to blockchain technology.
Taproot, a protocol overlay for Bitcoin pushed by one of Bitcoin’s most well-known developers Greg Maxwell, will offer a privacy layer which will address Bitcoin critics who believe the benchmark cryptocurrency’s privacy is awful. Taproot, supported by other popular Bitcoin developers, will require the Schnorr upgrade which is still not ready to be implemented. The power of Taproot will be the ability to make smart contract transactions look like any regular Bitcoin transaction, offering anonymity for senders and receivers.
The national government of Vietnam has decided to ban imports of cryptocurrency mining equipment. According to the Ho Chi Minh City Customs Department, 3,664 ASIC devices were imported into the city in C1H2018. The ban of cryptocurrency mining equipment is related to a government investigation into a ICO-fraud that scammed USD$660mm from 32,000 domestic investors. At the moment, cryptocurrencies are outlawed as payments in Vietnam after the Vietnamese Central Bank refused to accept cryptocurrencies as a recognizable form of non-cash payments.
During an interview with Crypto Congressman Jason Hsu, Vitalik Buterin, the co-Founder of the Ethereum Foundation, highlighted his worries about the lack of sustainable applications on the Ethereum blockchain. Buterin is working on a proof-of-stake and charting protocols to help address the current bottlenecks that are preventing widescale adoption of Ethereum. In his opion, privacy concerns remain the biggest hurdle for widespread adoption of Ethereum in the financial sector.
The same account you use for INR to crypto conversion, you can access spot trading, high USDt savings rate via ok piggy bank, and their very popular IEOs. Cons: Still relatively young in the market; 3. LocalBitcoins. LocalBitcoins boasts as the first P2P Bitcoin exchange to gain mainstream adoption in India. Since the start of August, the P2P ... Decentralized Finance, ... Bitcoin being one of the most important and significant DeFi applications is still in its infancy, even with its current $220 billion market capitalization, hinting that there’s a long way to go before any of the DeFi products are adopted by the masses. The Future May Mirror The Past. ARPANET, the predecessor of the Internet, was invented in the 1960s while the ... Reports have emerged that Binance with Mumbai based crypto exchange, WazirX, has committed close to $50 million in funding for their Blockchain for India Initiative. The main objective of the initiative would be to invest in India based Blockchain startups that are in the crypto space. Binance, exchange de criptomoedas - nós operamos a maior exchange de bitcoin e altcoins do mundo por volume I can’t imagine Binance offers the same VERY low rate on transfer to a bank as they do on crypto to crypto exchange. I assume part of their justification at all of these companies for offering such LOW fees for crypto to crypto exchange is because it keeps your assets IN HOUSE and then, in theory, more likely to leave your currency where it is because they’re the lowest on conversion fees. Crypto Community Criticizes India's Stance Towards Cryptos. Last week, Finance secretary Subhash Chandra Garg revealed that the report containing crypto regulation recommendation is ready to be submitted to the finance minister. India is proposing a 10-year jail sentence for those who mine, hold, or transact with cryptocurrencies. Trade over 40 cryptocurrencies and enjoy the lowest trading fees in America. The fastest and easiest way to buy & sell Bitcoin (BTC) on Bitbns cryptocurreny exchange in India. Trade Cryptocurrencies in INR on Bitbns at a Lowest trading fee in India. Get Free Bitcoin in our Flash Sale. Harvest Finance: $24M Attack Triggers $570M ‘Bank Run’ in Latest DeFi Exploit Coinbase's crypto debit card is launching in the U.S. and lets users earn back bitcoin [ The Block ] On Thursday, the global crypto exchange, Binance, had announced that it would join the Internet and Mobile Association of India, or IAMAI. IAMAI is a crypto-asset exchange committee, dedicated to ...
EPISODE 81: Today BitBoy and JChains are very excited to have CZ from Binance on the show. Along with CZ, they discuss Chainlink hitting an all-time high, India getting its crypto ban lifted, and ... Heute geht's um folgende Themen: Indien kann Bitcoin nicht regulieren, Binance entwickelt eigene Blockchain für dezentrale Exchange & Bitcoin $1Million Ende 2020 1.) India Can’t Regulate ... Binance cloud is here, According to the announcement from Binance, Binance Cloud will serve as an all-in-one infrastructure platform for customers and partners to launch digital asset exchanges ... 🚨 MEGA BITCOIN BLUEPRINT SALE 🚨 https://www.btcblueprint.com 🔥 Up To $600 Discount - Limited Time 🔥 🔲 My Top 3 Recommended Exchanges 🔵 Phemex http ... Binance Bitcoin Futures, ... Bill Gates, Ripple & Google Team Up to Bank 1.7 Billion People - Duration: 10:12. Jungle Inc 7,471 views. New; 10:12. Mix Play all Mix - The Modern Investor YouTube ... Breaking News : One More Indian Cryptocurrency Exchange Closed KoinOK Exchange shutting down Another Indian Cryptocurrency Exchange shut down KoinOK Exch... My Second Channel: https://www.youtube.com/channel/UCvXjP6h0_4CSBPVgHqfO-UA ----- Supp... 24/7 Live Bitcoin Algo Trading on Deribit Exchange (DeriBot) Bitcoin Trading Robots 158 watching Live now BITCOIN,Cryptocurrency Ban in India,BITCOIN TECHNICAL ANALYSIS,SUNDAY LIVE - CRYPTOVEL ... Binance Official Meetup Bengaluru, India 2019 Visit us on www.binance.com Disclaimer: We respect our users' right to privacy and if there is any complaint/objection to being included in our video ... Binance COMPETITION and Live Trading News - 币安 Binance Cloud Launch Binance Network English 8,358 watching Live now LIVE How To Sell BITCOIN TO INR On Wazirx Exchange - CRYPTOVEL - Duration: 8:26.