Blockchain & Cryptocurrency News Roundup - January 20, 2019

in #blockchain6 years ago

Blockchain & Cryptocurrency Digest January 20, 2019.jpg

1. Substratum --- The Disrupter of the Hosting Industry

Decentralization in today's world doesn't need any definition as Blockchain has quite aptly described it and has practically put it to good use. The Substratum Network also utilizes this tech to create easy to access peer-to-peer internet and an efficient (not to mention cost-effective) web hosting realm.

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2. Bitcoin Price: BTC Stands at $3,800 with Pleasant Signs of Growth

Bitcoin has started to stabilize in terms of valuation recently at nearly $3,800. After a long bear market and being in a state of a continuous plunge, the market has shown signs of stability and subtle growth. As of today, the market has shown pleasant signs of greens.

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3. SETL, a Blockchain Firm, Appoints Christian Noyer, Former Governor of French Central Bank

SETL is a British startup that was founded in 2015. It aimed to link the financial industry with the blockchain. At the moment, SETL allows the transfer of payment among people by facilitating the procedures related to the market transactions. Moreover, it also updates a permissioned distributed ledger of ownership and transaction records. The blockchain-based startup has recently welcomed governor of the Banque De France, Christian Noyer, to be a member of the board of directors. He was also the vice president of the European Central Bank.

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4. Bitcoin or Other Cryptos Will Not Replace Fiat in the Near Future, According to CEO Niffler.co

BlockPublisher recently got in touch with the Chief Executive Officer and Co-Founder of Niffler.co, George B, as he shared his perspective regarding this world of bitcoin. Niffler.co is a free simulated cryptocurrency exchange and community that allows our users to simulate live crypto trading without risking their capital.

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5. "We Intend to Achieve Measurable Collaboration via Innovative Methods in Mechanism Design in The Year, 2019", Regards Chicago Blockchain Project.

The Chicago Blockchain Project is nevertheless optimistic that they an induce the effect of the blockchain technology in a way that it deserves not as a supporting software behind the shadows of major cryptocurrencies, like bitcoin.

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6. Ethereum Is Sure To Go Big Because of This

Have you ever had a moment where you wanted to say something using an emoji and there wasn't any that could describe it perfectly? Remember the time we had to beg companies to add those emojis and all that.

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7. "Please Remove The Ban From Cryptos In India As Other Countries Are Progressing Rapidly In This Department", Nischal Shetty Pleads Before the Indian Government

Nischal Shetty, the founder and the chief executive officer for both WazirX India and Crowdfire, sets his sights over the Indian banks banning cryptos as per the official orders. India has been a hub of the cryptos even though the government resent the inclusion of cryptos into their financial circle.

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8. Bet You Didn't Know What This Does In Blockchain

A lot of people aren't aware of the fact that there are different kinds of blocks in the cryptocurrency and blockchain technology. So, we're breaking them down for you into... b l o c k s

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9. Here's Why We Need to Look Beyond Proof-of-Work (PoW)

The reports of Ethereum Classic getting hacked took the entire crypto world by storm. Since Ethereum Classic is employing the famous Proof-of-Work (PoW) consensus algorithm at its core, questions have begun to arise regarding the safety of other PoW employing chains. Not going far beyond, the world's leading cryptocurrency in terms of market capitalization, bitcoin, is also employing PoW underneath. Does this mean we need to move on from PoW? The answer, probably yes, not just because of the hacking issue, but also due to the energy consumption problem.

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10. CEO of Heisenberg Capital and StartCOIN Holdings Shares her Take on Bitcoin (BTC) ETF

Since the arrival of bitcoin (BTC), it has been striving for getting approval and acceptance of governments and countries. For mass adoption, people often consider bitcoin (BTC) ETF as one of the most influential activities, capable of making bitcoin (BTC) common and acceptable. As SEC postponed all its proceedings due to a government shutdown, crypto enthusiasts raised concerns for BTC ETF decision. Therefore, to explore some insight about the pending decision, BlockPublisher reached out to Stacy Herbert.

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11. Here's Why A Pure Proof-of-Stake (PoS) Approach is Optimal for Decentralization, As Per Head of Cryptography Algorand

BlockPublisher recently got in touch with the Assistant Professor at the University of Waterloo and the Head of Cryptography at Algorand, Sergey Gorbunov, as he shared his thoughts regarding PoW being flawed in detail. As per Algorand's website, it essentially provides a foundation for existing businesses and new projects to operate globally in the emerging decentralized economy.

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12. Cryptocurrency Market Graphs Go Red Again

Red is in the air today as well, with 4--10% loss in almost all major cryptocurrencies.

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13. There's More to EthTown Than You Know, Come and Find Out

As promised we're back with yet another scoop on the ETH Town. If you read my previous post, click here, you'd know I just covered the basics and what every player can or is supposed to do once you join the game. But now, I'll be talking about all the things that you can play with once you become part of the ETH Town community!

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14. Darkweb Selling Data Breached from Top Cryptocurrency Exchanges

On investigation by the reporter, it was found out that a huge amount of data was on sale being offered at prices of $10 for 100 documents or more, while discounts were offered to those who make bulk purchases. As reported, the ad is still up and running on the dark web.

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15. Organic Cosmetics Brand Lush Joins The Bitcoin Bandwagon

The brand recognizes the importance of being a part of change and progress in today's day and age and will soon be joining the likes of Expedia and Microsoft.

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16. Bitcoin (BTC) Not on the Wall Street, Thanks to ETNs Deficiency

The digital currency has still not made a name for itself in the Wall Street which is believed to be so due to the fact that not enough exchange traded notes (ETNs) have yet been released for bitcoin and that is the reason why the Wall Street investors are hesitant on joining the crypto world, according to Ed Tilly. Mr. Tilly said in the interview:

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17. Data Explosion And The Role Of Blockchain In Securing It

Today there exist a myriad of use cases blockchain is catering to. It is a more secure, transparent and reliable platform, hence it is being incorporated in various computerized systems to strengthen their security. Undeniably there have been a lot of reported cases of cryptocurrencies being stolen from their holders but blockchains remain tamper proof, exposing no vulnerability. This is what has made blockchain such an ideal inclusion as to secure various platforms.

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18. Requirement of Licenses for Crypto Operations Might Help End Unidentified Activities in Netherlands

The increase of anonymous buying and selling of crypto assets in Netherlands forced the Minister of Finance to seek help from financial authorities and De Nederlandsche Bank, a central bank in Netherlands so that a solution could be derived to end the anonymous trading of crypto assets.
An effective solution was proposed to Mr. Pete Hoekstra which was actually a step back for the crypto industry in Netherlands as organizations and exchanges would have to apply for licenses in order to acquire crypto assets or else they might face punishments.

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19. Is Mining Bitcoin (BTC) In Bear Market A Mistake?

Bitcoin's value is still oscillating, volatile as ever. It has not even been a month into the new year and the cryptocurrencies value has seen some major ups and downs. We entered into 2019, with Bitcoins value a little over $3700, since then it has crossed $4000 and fallen down to around the same price again. The possibility of achieving heights to which the currencies value rose once upon a time in 2017, seems to be getting farther away as we witness the market being bearish than ever. But what does this mean for miners?

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