Daily Crypto - Bitcoin, Blockchain, Ethereum, Altcoin & Digital Cryptocurrency World News

Markets as of 12-21-2017 9AM PST ($USD)

-BTC $15,450

-ETH $793

-LTC $297

Key Updates

-Ripple has finally surpassed the $1 mark.

-EtherDelta cryptocurrency exchange reports it has been hacked.

-The Bosch Group is now investing in IOTA.

-Bitcoin.com CEO Roger Ver has defended US exchange Coinbase’s alleged insider trading.

-Bitcoin Cash and ZCash are coming to OpenBazaar in early January.

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Markets as of 12-19-2017 9PM PST ($USD)

-BTC $16,850

-ETH $793

-LTC $334

Key Updates

-The Ethereum network successfully processed 1 million transactions over the past 24 hours.

-Bitcoin.com co-founder and CTO Emil Oldenburg, commented that Bitcoin is “useless”.

-South Korean exchange Youbit has announced it is filing for bankruptcy after hackers stole 17% of its net assets.

-EU states have agreed to implement stricter rules on the use of cryptocurrencies.

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Markets as of 12-16-2017 3PM PST ($USD)

-BTC $19,450

-ETH $697

-LTC $300

The Coinbase exchange announced they will add SegWit support in 2018. This comes after thousands of customer requests for supporting SegWit. In an interview with CNBC, Coinbase president Asiff Hirji also hinted at the addition of new coins to the exchange.

Markets as of 12-15-2017 3PM PST ($USD)

-BTC $17,635

-ETH $689

-LTC $304

Key Updates:

-Bloomberg adds Ethereum, Ripple & Litecoin to The Terminal.

-Mist Browser Beta v0.9.3 and below is vulnerable to malicious websites.

-Scott Cutler, senior vice president of eBay states “seriously considering” accepting bitcoin.

-CryptoKitties processed more than $12 million in sales.

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On this episode we discuss tokenization with Shane Fontaine, Lead Engineer at CoinCircle.

* Uses for tokenization.

* Tokenization models such as burning tokens, parametrizing tokens, and pausing of tokens.

* Ethereum ERC20, ERC223, and ERC721 non-fungible tokens.

* CryptoKitties.

Links:

Ethereum Los Angeles Meetup

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NOTE: This is an emerging and highly technical space. You should understand how involvement in this space impacts you and acknowledge all risks before participating or implementing any recommendations.

Daily Crypto Guest CEO:

Jason Goldberg is the serial entrepreneur behind Fab.com, Hem and Jobster.com. He and his team have just launched Simple Token, the first platform to give consumer-facing apps the ability to tokenize without the need or expertise to create or maintain new blockchains and token ecosystems.

Support Daily Crypto

This episode was not paid by Simple Token. We rely on support from listeners like you. Please support us by becoming a patron: https://www.patreon.com/dailycrypto

Markets as of 11-18-2017 9PM PST ($USD)

-BTC $7,816

-ETH $348

-LTC $69

Key Updates:

-Nasdaq filed a patent for a Distributed Ledger Technology (DLT) that would record and store asset ownership data.

-LedgerX has initiated the launch of long-term Bitcoin futures options called LEAPS.

-The Lightning Network can now be used to send transactions across different blockchains (BTC - LTC).

-Community developers expect to release Monero hardware wallet prototypes by late 2017.

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Key Updates:

-JP Morgan was sanctioned in June by the Finma for money laundering and reportedly tried to prevent the publication of the judgment.

-The Korean ATM manufacture Hyosung has added support for Bitcoin purchasing to it’s ATMs.

20 global financial institutions will participate in the blockchain based Hong Kong Trade Finance Platform (HKTFP).

-Vitalik Buterin suggested that the Casper proof-of-stake protocol is ready to be tested.

-Visa B2B Connect blockchain based platform expected to roll out in mid-2018.

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Cash App Bitcoin Integration

The Cash App by Square Inc. has launched Bitcoin integration for a small number of users. Users can now buy, sell or store Bitcoin on the App. Select users can swipe right from their Cash Card page to access the bitcoin features.BitMEX Exchange to Sell User’s Bitcoin Cash

Hong Kong based Bitcoin Mercantile Exchange (BitMEX) has announced they be will selling all users’ Bitcoin Cash, and credit their wallet with the Bitcoin proceeds. Anyone that was holding Bitcoin on their exchange on August 1st at 1:17 PM UTC, a few seconds after block 478,588 will be credited with the Bitcoin proceeds.

London Block Exchange gains Visa Partnership

The UK based firm London Block Exchange is launching a new Cryptocurrency Debit Card called Dragoncard. Users can pay with Bitcoin, Ethereum, and Litecoin anywhere that takes Visa. However, holdings are exchanged to pounds as a way to spend money. London Block Exchange also claims to have a digital wallet app and a cryptocurrency exchange.

UPDATE: London Block Exchange has removed “Accepted anywhere that takes Visa” from their website. We cannot confirm a partnership.

American Express Bank Transfer via Ripple

American Express announced they are launching a Blockchain-Enabled Cross-Border Business-to-Business Payments platform with Santander UK allowing users to send money from England to the U.S. in seconds via the Ripple network. The platform will be using RippleNet in hopes of replacing SWIFT and ACH transaction bank transfers that take up to two days to complete.

the experience is instant and seamless. here is a video showing where it is in the app: pic.twitter.com/GMJulaQWVr

— Zach Miles (@zachmil_es) November 15, 2017

NOTE: This is an emergent and evolving highly technical space. You should understand how involvement in this space impacts you and acknowledge all risks before participating or implementing any recommendations.

The Segwit2x hard fork scheduled for November 15th has been postponed. The announcement was made in a message sent by Mike Belshe, which stated “we hope the community will come together and find a solution, possibly with a blocksize increase. Until then, we are suspending our plans for the upcoming 2MB upgrade.” The message was sent to a Bitcoin-segwit2x public mailing list.

The most important difference between Bitcoin and Bitcoin Gold is a new proof-of-work mining algorithm. Instead of SHA256, the new coin uses the memory-hard Equihash proof-of-work function that’s also used by Zcash [1].

Mark Yusko, founder and CEO of Morgan Creek Capital Management has made predictions suggesting that Bitcoin will eventually be worth $400,000. He stated

“This will change the supply and demand equation for banking. It is that big. I’m not surprised at all that bankers, financiers and Saudi Princes are coming out against it. This is a truly disruptive technology.” [2].

The US Secret Service agent, 35-year-old Shaun Bridges, who aided investigations into the Silk Road marketplace, was sentenced on November 2nd to an additional 2 years in jail and ordered to forfeit the stolen 1,600 Bitcoins, currently worth over $10 million [3].