🗞 Daily Crypto News, January, 30th💰steemCreated with Sketch.

in #cryptopcurrency • 6 years ago

  • Fidelity May Formally Launch Its Crypto Custody Service in March ;
  • This Spongebob-Themed Tech Proves That Bitcoin’s Lightning Is Advancing ;
  • A Look at Openbazaar’s Multi-Currency Wallet and Vendor Listings ;
  • Two Hacker Groups Stole $1 Billion From Crypto Exchanges ;
  • DApp Survey Highlights Poor User Uptake as Major Pain Point for Developers ;
  • 📑 Daily Crypto Calendar, January, 30th💰
  • STEEM Trading Update

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

🗞 Fidelity May Formally Launch Its Crypto Custody Service in March

Fidelity Investments’ new crypto custody service may officially launch in March.

The storage component of Fidelity Digital Asset Services LLC (FDAS) is already live, with some assets under management, a person familiar with the situation told CoinDesk Tuesday. Bloomberg reported, in a story initially available only on its terminals, that Fidelity was aiming for March for a formal launch.

“We are currently serving a select set of eligible clients as we continue to build our initial solutions,” the company said in a statement. “Over the next several months, we will throughly engage with and prioritize prospective clients based on needs, jurisdiction and other factors.”

🗞 This Spongebob-Themed Tech Proves That Bitcoin’s Lightning Is Advancing

“Wumbology, the study of ‘wumbo’. It’s first grade, Spongebob!”

For the uninitiated, that’s a quote from the Nickelodeon animated series Spongebob Squarepants. Spoken by the jolly starfish Patrick Star, it describes the word “wumbo” – to which the eponymous character responds: “I don’t think that’s a real word.”

Well, thanks to some up-and-coming technology built on bitcoin, Star is looking to be correct.

Pinched from the cartoon, the term wumbo now describes one of the next milestones for bitcoin’s lightning network, the payments layer bitcoin developers are heads-down on in order to solve the digital money’s biggest problem: that it only supports a few users right now – let a worldwide ecosystem.

🗞 A Look at Openbazaar’s Multi-Currency Wallet and Vendor Listings

On Jan. 17, the blockchain and cryptocurrency company OB1 released Openbazaar version 2.3 which provides users with the ability to use a multi-currency wallet within the marketplace. Since then, there’s been a large number of added listings and an increased amount of people trading cryptocurrencies in a peer-to-peer fashion.

🗞 Report: Two Hacker Groups Stole $1 Billion From Crypto Exchanges

A new report alleges that just two groups of hackers dominate the majority of cybercrime directed against cryptocurrency exchanges. Together, these groups have responsible for stealing about $1 billion of cryptocurrency so far.

Digital surveillance company Chainalysis has released its latest “crypto crime” report, claiming to identify two groups responsible for the majority of hacks in the field. Its findings were obtained in part by analyzing the different practices the thieves used for laundering their illicit gains.

🗞 DApp Survey Highlights Poor User Uptake as Major Pain Point for Developers

Decentralized data aggregator Fluence Labs highlighted user uptake as the number one problem facing decentralized app (DApp) developers in a new survey released on Jan. 29.

The DApp industry, which began using the Ethereum blockchain in 2017, has since grown to number around 1,800 products, according to listing resource DappRadar.

EOS and TRON have since risen to compete with Ethereum as host blockchains, the latter nonetheless still being home to 87 percent of DApps, Fluence says.

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📑 Daily Crypto Calendar, January, 30th 💰

  • Vexanium (VEX)

"Vexanium will be participated on Coinfest Roadshow this January and February."

  • Cardano (ADA)

"... #EMURGO preps new marketing materials for our fast approaching events like Japan Blockchain Conference!"

  • Waves (WAVES)

Predict and win 35 #WAVES Sponsored by Indacoin.

  • Insolar (INS)

The Insolar team will publish the platform's tech paper on January 30, 2019.

  • IoTeX (IOTX)

IoTeX News Digest YouTube Campaign EP27 from Sunday, January 27, 3AM PST — Wednesday, January 30, 3AM PST.

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STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

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Here is the current chart :

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So we are exactly in the same situation than the BTC. After the big drop of yesterday, we are consolidating just under the resistance line in orange, making a pause. Be sure that we will have soon a new move and consider the current chart as a pause. We have more propabilities to continue the drop but let's see. Exactly as on the BTC, we have a support line in red under our current level. If we break that line, it will be to make new lows on STEEM so let's hope that this line will hold us if we touch it...

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6 years ago in #cryptopcurrency by
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     6 years ago 

    @vlemon has set 1.000 STEEM bounty on this post!
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    Bounties are a new way you can earn rewards irrespective of you Steem Power. Go here to learn how bounties work.

    Earn the bounty by commenting what you think the bounty creator wants to know from you.

    Find more bounties here and become a bounty hunter.

    Happy Rewards Hunting!

    [-]
     6 years ago 

    Congratulations to the following winner(s) of the bounty!

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      [-]
       6 years ago 

      I've been pretty skeptical about the Lightning Network. Then I came cross this analysis which makes some very solid points: https://medium.com/@jonaldfyookball/mathematical-proof-that-the-lightning-network-cannot-be-a-decentralized-bitcoin-scaling-solution-1b8147650800 Plus, EOS has already made LN obsolete:

      Thanks for the updates.

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      2 votes
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      [-]
       6 years ago 

      Hopefully, Steem will make the list of competitive dApp platforms/interfaces.

      BTW, Any leads on how to participate in the WAVES predict and win competition above?

      Posted using Partiko Android

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      2 votes
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      [-]
       6 years ago 

      W@hen it comes to DAPPs I don't think the amount of DAPPS on the platform matters at all. There is thins 80/20 rule anyways. Most your results comes from few good DAPPs. EOS/TRON can scale and even STEEM has some cool DAPPS with a good amount of users. When SMTs come out things will change even more drastically.

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      [-]
       6 years ago 

      thank your Good news sharing,
      before, EOS and TRON were not optimistic,
      but now it seems - come to the fore

      [-]
       6 years ago 

      Indeed, even STEEM has a lot of dapps.
      It has to be easier to allow even my grandma to use them.

      Posted using Partiko iOS

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        [-]
         6 years ago 

        The Openbazaar it's very interesting: I'll try it! ;)

        Thank you!

        [-]
         6 years ago 

        Please do and give me your feedback.

        Posted using Partiko iOS

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          [-]
           6 years ago 

          Calling @originalworks :)
          img credz: pixabay.com
          Nice, you got an awesome upgoat, thanks to @vlemon
          BuildTeam wishes everyone a bullish new Year!
          Want a boost? Minnowbooster's got your back!

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            [-]
             6 years ago 

            Nice Initiative of providing daily crypto news. Enjoyed and following you.

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              [-]
               6 years ago 

              Hi @vlemon!

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              Your UA account score is currently 4.763 which ranks you at #1444 across all Steem accounts.
              Your rank has dropped 2 places in the last three days (old rank 1442).

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