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    Crypto Currency Markets Anti-Addiction Notice...lol

    July 03, 2020

    Crypto Currency Markets Anti-Addiction Notice...lol

    Anti-Addiction Notice...lol

    Posted: 03 Jul 2020 04:16 AM PDT

    ADA bull run is not over yet.

    Posted: 03 Jul 2020 08:02 AM PDT

    Cardano partners with Coinbase to allow users to store and stake ADA - Decrypt

    Posted: 03 Jul 2020 07:35 AM PDT

    The Rise and Fall of ICOs

    Posted: 03 Jul 2020 11:20 AM PDT

    Total Bitcoin Miner Revenue Crosses $17.5 Billion As Hash Rate Rises

    Posted: 03 Jul 2020 11:43 AM PDT

    Whale: Before the Next Bitcoin Bull Run, Expect an Altcoin “Extinction Event”

    Posted: 03 Jul 2020 10:07 PM PDT

    Ebang Plans Offshore Exchange as NASDAQ Share Prices Falter

    Posted: 03 Jul 2020 09:06 PM PDT

    Exploring the growth of DeFi with DMG, COMP and more

    Posted: 03 Jul 2020 09:28 AM PDT

    Ergo and the explosion of DeFi

    Posted: 03 Jul 2020 06:42 PM PDT

    DeFi is the next major frontier for blockchain technology – but what does the current surge of interest mean for Ergo?

    The narrative around blockchain technology is evolving in front of us. The use cases for smart contract platforms are becoming clearer by the day, encapsulated in the catch-all term of 'DeFi', or Decentralised Finance.

    DeFi services are often much like their traditional counterparts, including lending and derivatives platforms, as well as more exotic services. Unlike their conventional analogues, though, these are open platforms, accessible by anyone and built with the transparency and security that come from the blockchains on which they are hosted.

    The DeFi surge

    The last two weeks have seen the nascent DeFi space change rapidly, catalysed by the launch of lending platform Compound's governance token, COMP. One of the inherent benefits of DeFi is transparency, and the impact of this move can clearly be tracked on websites like DeFi Pulse.

    Compound almost immediately took the top spot in terms of Total Value Locked (TVL), pushing the Maker Protocol into second place. From a baseline of $100 million, Compound rose to over $600 million TVL in only ten days, as tens of thousands of users flocked to take advantage of the platform's distribution of COMP tokens in the new craze of 'Yield farming'.

    But it certainly wasn't all back for the rest. In the same period of time, the Maker Protocol hit an all-time high for the amount of Dai generated using its Vaults. Meanwhile Sythetix, a synthetic assets platform, has doubled its TVL.

    This is not like a bear market rally in the regular crypto world, where value is simply shuffled between BTC and alts, while the general trajectory is down. Something else is at work here.

    Unconventional thinking

    The reason may rest on another inherent property of DeFi platforms: composability. Because DeFi dApps are transparent and open, they can be built upon and adapted, creating new dApps easily. And then those dApps themselves can be plugged into other applications, adapted and redeployed in a virtuous circle of usage.

    Compound's rise goes hand-in-hand with the rise of other DeFi initiatives because it is so easy to connect different platforms in the DeFi world. It's almost hard to view these as distinct platforms at all, when the boundaries are so porous. Assets can be leveraged, lent and deployed on one dApp in order to take advantage of the benefits currently offered by another. And there's evidence – thanks to the transparency of the blockchain – that's exactly what's happening.

    DeFi demands some unconventional thinking. Instead of viewing the sector in the fairly natural human terms of competition, who is #1 and what their lead is over #2, it requires a paradigm shift and a recognition that composability means collaboration by default. It's not only desirable, but unstoppable – inseparable from what DeFi is, at its core. Open, collaborative financial services.

    For Ergo, the surge of interest in the sector is an exciting development and confirms the decision to prioritise diverse smart contract and DeFi functionality. It also points to the need for interoperability between blockchains, enabling any smart contract protocol to interact with any other.

    Ergo is well on the way to that end with atomic swaps, which will facilitate cross-platform activity – and ultimately, the use of ERG and Ergo assets in Ethereum and other blockchains' DeFi services, and vice versa.

    DeFi will clearly be a big part of financial services provision in the coming years, and Ergo will bring unique contributions to the space.

    submitted by /u/Guilty_Pea
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    A weekly analysis of top crypto projects

    Posted: 03 Jul 2020 12:43 PM PDT

    4 Effective TA Indicators One Should Study

    Posted: 03 Jul 2020 06:15 AM PDT

    Austria's fintech firm launches digital payment which will help over 2,500 merchants

    Posted: 03 Jul 2020 06:13 AM PDT

    Top and Worst coins according to trend and momentum indicators, July 3rd

    Posted: 03 Jul 2020 03:29 PM PDT

    CoinGecko just published Q2 2020 Quarterly Cryptocurrency Report (Part 1)!

    Posted: 03 Jul 2020 02:19 AM PDT

    Bitcoin Spots Errors in US Jobs Report Way Ahead of Wall Street

    Posted: 02 Jul 2020 11:45 PM PDT

    Bitcoin Is the Great Opportunity You Need to Seize in the Midst of the Current Economic Crisis

    Posted: 02 Jul 2020 11:29 PM PDT

    Up 10%: Cardano (ADA) Holders Can Now Store and Stake on Coinbase Custody

    Posted: 03 Jul 2020 01:11 PM PDT

    Weekly Crypto News — July, 03

    Posted: 03 Jul 2020 08:25 AM PDT

    What important crypto events happened last week?

    Regulation, Government, Mass Adoption

    📌 The U.S. court classified Coinbase as a traditional bank after the exchange revealed its customer information at the request of the FBI. This decision was made when considering the appeal of Richard Gratkowski, sentenced to 5 years and 10 months in prison. Earlier, the FBI found out that between June 2016 and May 2017, Richard Gratkovsky used Bitcoins to purchase prohibited pornographic materials involving minors. Having detected the wallets used by him, the agency turned to Coinbase with a request to disclose information about this client. The exchange complied with this requirement without a court order.

    📌 Binance Exchange has confirmed the launch of a cryptocurrency debit card in partnership with Swipe. Information about this appeared on the official website of the company but later disappeared. One of the features of the card will be the ability to exchange cryptocurrencies for fiat money in real-time. Users will be able to transfer money to the card directly from the Binance trading account. Payments will be instant, funds can be spent immediately after crediting. In addition, cardholders will be able to withdraw cash from ATMs.

    📌 The District of Columbia Bar has allowed lawyers in Washington D.C. to accept payments in Bitcoins and other cryptocurrencies. Representatives of the organization noted that cryptocurrencies are rapidly gaining popularity as a means of payment and lawyers cannot stand aside from these changes. Acceptance of payment in crypto is permissible if the lawyer is able to ensure the safe storage of assets. To do this, he must have basic knowledge in the field of blockchain.

    Projects, Collaborations, Startups

    📌 BlockFi, a company operating in the cryptocurrency lending market, reported a doubling of monthly revenue in the second quarter. The driver was halving and launching a mobile application. "By now, monthly income has quadrupled since the end of last year and doubled if we start from the end of March," said Zac Prince, co-founder, and CEO of the startup.

    📌 CoinGecko, an analytical service, has announced a partnership with cybersecurity company Hacken. As part of the collaboration, CoinGecko integrated into the so-called Trust Score cryptocurrency exchange security assessment metrics based on the platform data from Hacken. Among others, Hacken considers platform infrastructure security, including server security, two-factor user authentication, spam and phishing protection, and other criteria.

    📌 According to Messari, the market capitalization of dollar-tied stablecoin Tether (USDT) reached $10.3 billion. The growth since the beginning of the year, when the figure was $4.76 billion, exceeded 116%. Other stablecoins are significantly inferior to USDT in terms of market supply.

    📌 Binance cryptocurrency exchange has completed a major update of the trading engine, increasing the processing speed of operations by 10 times, company CEO Changpeng Zhao said. According to him, the update was the largest in the history of Binance. It took two years to develop it. Zhao noted that in doing so, the exchange is preparing the "next wave" of cryptocurrency market growth.

    Blockchain

    📌 According to Messari, Bitcoin and Ethereum account for more than 99% of the commissions received by all miners. Over the past 24 hours, the total amount of commissions in the Bitcoin network has amounted to $407,571. Ethereum has a significantly higher rate — $814,082.

    📌 On June 30, at block # 637 056 in the Bitcoin network, the planned recalculation of mining complexity took place. The indicator has undergone the most insignificant change since March 22, 2010, having decreased by 0.0033% from 15.7847 T to 15.7842 T. Thus, the complexity of mining Bitcoin almost did not change for the first time in 10 years.

    📌 A transaction of 101 857 BTC (~$ 933 million at the time of sending) was recorded in the Bitcoin network between anonymous addresses. Transaction passed between anonymous addresses. The commission was only 48 cents. An anonymous whale used the SegWit protocol, which reduced costs by 41%.

    📌 One of the Bitcoin users included the message "Hello, Noah! Welcome to the world, little one" in one of the transactions, thus recording the birth of their first child. The unchanging and censorship-resistant nature of Bitcoin will ensure that this message remains forever on the blockchain while it continues to function. The current case demonstrates a widely discussed scenario for using the first cryptocurrency as a decentralized database.

    Hacking, Cyber Crimes

    📌 Russian Sergei Medvedev admitted involvement in the cybercriminal organization Infraud, which traded stolen personal data, compromised credit cards, malware, and other illegal things. "Over the course of its seven-year history, Infraud caused an estimated loss of about $2.2 billion and more than $568 million in actual losses to a wide range of financial institutions, sellers and individuals," the US Department of Justice declared.

    📌 The criminals received a $1.14 million ransom after a successful attack on the University of California. The software installed by hackers encrypted the data on the university's servers at the School of Medicine, making the information temporarily unavailable. To fix the problem, the institution had to pay 116.4 BTC.

    📌 An unknown hacker managed to withdraw $500,000 in altcoins WETH, WBTC, SNX, and LINK from the pool of the Balancer Labs DeFi project using a smart contract vulnerability that allowed an attacker to create a shortage of funds in the pools.

    ​

    That's all for now! For more details follow us on Twitter, subscribe to our YouTube channel, join our Telegram.

    submitted by /u/CoinjoyAssistant
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    Switzerland’s InCore Bank integrates with Kraken to enhance fiat deposits

    Posted: 03 Jul 2020 04:30 AM PDT

    Digital Yen Testing To Start & CBDCs Being Primed for Ripple XRP - Cardano ADA 2020 Coinbase Listing

    Posted: 03 Jul 2020 11:54 AM PDT

    Symbol from NEM — the Wordpress of Blockchains.

    Posted: 03 Jul 2020 06:31 AM PDT

    10 interesting DeFi apps to follow in 2020

    Posted: 03 Jul 2020 08:18 AM PDT

    The TOZEX project has great potential for developing a successful business.

    Posted: 03 Jul 2020 07:58 AM PDT

    The TOZEX project has great potential for developing a successful business. This will allow the project to become a leader in cryptocurrency and standard banking services for the crypto industry for all TOZEX participants and create the most efficient business among the largest financial companies.

    https://tozex.io/

    bonyaserg

    submitted by /u/bonyaserg
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