Crypto_Telegraph

2018-11-03 11:59:19 Circle, Coinbase and ConsenSys are among the group of “founding members” choosing to leverage crypto nonprofit Global Digital Finance to create new ethics standards.
Businesses Will ‘Demonstrate Professional Standards’

In an October 1st press release, the recently-formed Global Digital Finance (GDF) announced it was releasing its Code of Conduct (also known as the GDF Code) and Taxonomy for Cryptographic Assets after a two-month ratification period from its community over a “series of mini summits.”

The Code, the release explains, is the departure point for what should become a “shared rulebook” government reputable businesses in the cryptocurrency arena.

These will then “demonstrate to their customers, markets and regulators, that they abide by ethical and professional standards in their conduct with clients, money handling, risk management, and market practice,” GDF claims.


https://telegra.ph/Cryptocurrency-Code-Of-Conduct-Comes-From-Circle-Coinbase-and-Others-11-03 Open / Comment

2018-11-03 11:54:15 FOMO Moments
Markets are creeping up as the weekend starts; BAT flying, Bitcoin Cash and Stellar rising.

As we enter the weekend crypto markets are slowly recovering. Trading in Asia has pushed total market capitalization back over $205 billion and things are generally heading upwards today, albeit leisurely.

Bitcoin has made no movements over the past 24 hours and is still holding the $6,400 support level. From a half month stay at $6,500 BTC dropped to $6,300 and has bounced back to its currently levels indicating that it is still consolidating at this price. Ethereum has dragged its way back to $200 over the past two days and that is where it is staying at the moment.


https://telegra.ph/Cryptocurrency-Market-Update-BAT-Pumped-by-Coinbase-Pro-Listing-11-03 Open / Comment

2018-11-03 11:52:13 After days of lower lows and horizontal consolidation, altcoins are ending the week on a high. ADA/USD is up three percent in the day and could breach key price levels over the weekend. At the same time, LTC/USD bulls did manage to reverse Oct 29 losses while EOS/USD prices could race to $7 if today close higher igniting buys.

Let’s have a look at these charts:


https://telegra.ph/Weekly-Wrap-Up-ADAUSD-Leads-the-Revival-as-LTCUSD-Reverse-Oct-29-Losses-11-03-2 Open / Comment

2018-10-28 10:08:11 I remember reading Satoshi Nakamoto's bitcoin white paper for the first time a few weeks after it was released. I also remember the phrase that really grabbed my attention:

"We propose a solution to the double-spending problem using a peer-to-peer distributed timestamp server to generate computational proof of the chronological order of transactions…"

Of course, at the moment, I thought, "Whoa, this can't be true. How can he possibly have a solution to the double-spend problem that is peer to peer?"


https://telegra.ph/The-Double-Spend-What-Bitcoins-White-Paper-Solved-Forever-10-28 Open / Comment

2018-10-28 10:03:39 STAYGE Network

STAYGE Network is an entertainment ecosystem based on blockchain that tokenizes the influence of the fandom to utilize it on various apps and business models. The fan community service generates and distributes the tokens based on the fans’ contribution; furthermore, the fans can spend the rewarded tokens on DApps such as e-commerce, games, contents services and more.

https://telegra.ph/STAYGE-Network-09-23 Open / Comment

2018-10-28 10:03:02 A new token is set to be launched on the ethereum blockchain this January, one that will be backed one-for-one by the world's largest cryptocurrency.

The companies behind the initiative include decentralized exchange startups Kyber Network and Republic Protocol, as well as cryptocurrency custody company BitGo. What's more, a number of ethereum-based projects are also reporting that they will support adoption of the token once released.

These include decentralized cryptocurrency exchanges and finance-focused blockchain projects participating as "launch members," such as MakerDAO, Dharma, Airswap, Gnosis, IDEX, Radar Relay, Compound, DDEX, Hydro Protocol, Set Protocol and Prycto.

Aimed at replicating the utility of bitcoin in a way that's interoperable with ethereum, the "wrapped bitcoin" or WBTC token will facilitate any decentralized application running on the blockchain.


https://telegra.ph/A-New-Token-Is-Coming-To-Ethereum--And-Its-Fully-Bitcoin-Backed-10-28 Open / Comment

2018-10-28 10:00:46 "We haven't had an opportunity like this in the past 500 years."

That's Amir Taaki speaking on a closing panel at the Web3 Summit in Berlin Wednesday, and his statement was greeted with breathless applause by the audience. An early bitcoin developer, Taaki addressed a crowd of more than a thousand coders that had gathered to discuss "Web 3.0" – or the restructuring of internet infrastructures with an emphasis on decentralization.

"Maybe the technological proposals that people are talking about are not very well grounded, but I do see a huge amount of young, idealistic people with a lot of capital," Taaki said, adding:


https://telegra.ph/Defending-Decentralization-Like-a-Twice-in-a-Millennium-Chance-10-28 Open / Comment

2018-10-28 09:55:51 Major Hong Kong-based cryptocurrency exchange OKEx will delist over 50 trading pairs with weak performance, according to an announcement published Oct. 25.

As per the announcement, at 6:00 am Oct. 31, 2018 CET, the exchange will halt the trading of a swathe of pairs that they cite as having weak liquidity and trading volume. The exchange warned users that they should cancel their orders of the affected pairs from the platform.

OKEx also made a point of noting that it will delist only the indicated trading pairs, but not the tokens themselves.

Andy Cheung, Head of Operations at OKEx, called the move “housekeeping” in a tweet today, Oct. 27, saying about OKEx and other top exchanges: “As leaders, we are responsible for promoting a robust ecosystem [...] We need to take action on those underperforming tokens now.”

In a tweet announcing the delisting yesterday, Cheung also noted:


https://telegra.ph/Worlds-Largest-Crypto-Exchange-OKEx-to-Delist-50-Trading-Pairs-Due-to-Weak-Performance-10-28-2 Open / Comment

2018-10-28 09:53:20 The U.S midterms are approaching, and the threat of digital interference in U.S elections remains a major concern. Should potentially anonymous donations to election candidates in crypto be allowed?

The U.S Federal Election Commission ruled to allow Bitcoin (BTC) 00 and other cryptocurrency donations in 2014. In individual states, the rules can be very different. Eight states allow cryptocurrency contributions, while seven have banned them entirely according to Politico. Other states are undecided, leaving federal law to reign.

California, home to Silicon Valley and a state where you might expect cryptocurrency donations to feature more heavily, last month banned any donations in digital coins.

California Commissioner Frank Cardenas, speaking at the hearing that delivered the ban said:


https://telegra.ph/Are-Cryptocurrency-Donations-Worth-the-Risk-for-the-US-Midterms-10-28 Open / Comment

2018-10-28 09:50:43 Companies and exchanges are jumping on the stablecoin bandwagon — but just how promising is this concept and doesn’t it go completely against everything Bitcoin stands for?
Dollar-Pegged Money is Nothing New

Disneyland’s first president, Jack Lindquist, introduced the in-house currency called Disney Dollars in 1987. These paper notes featured pictures of Mickey Mouse and other popular Disney characters. They were sold at the theme parks in denominations of $1, $5, $10, $20, and $50 — just like their USD counterparts.


https://telegra.ph/Stablecoins-Are-The-Disney-Dollars-of-Crypto-10-28 Open / Comment