Ripple's head of information security is leaving the company.

Revealed exclusively to CoinDesk, Sujay Jaladi is departing the San Francisco-based firm, which is best known for its role in developing XRP, the third-largest cryptocurrency by market capitalization. Jaladi is joining Harbor, a startup that provides a compliance platform for issuers of private securities housed as tokens on the blockchain.

The company's R-Token standard (the R stands for "regulated") is compatible with ethereum's popular ERC-20 token framework, and, according to Harbor's white paper, can be used to tokenize interests in real estate, limited partnerships, fine art and other assets areas.
More here: https://www.coindesk.com/ripples-head-of-information-security-leaves-for-token-startup/

The Bill and Melinda Gates Foundation is partnering with Ripple Labs Inc. and digital payments firm Coil to implement the Interledger Protocol, the Foundation’s Deputy Director and Principal Technologist Miller Abel tweeted Oct. 17. The Foundation itself has not made a formal announcement regarding the partnership.

Apart from the implementation of Ripple’s Interledger Protocol, which is designed to connect different payment ledgers and enable the faster processing of cross-border transfers, the partnership is set to explore the ways Mojaloop can support “pro-poor payment systems.”
More here: https://cointelegraph.com/news/gates-foundation-to-partner-with-ripple-and-coil-to-support-pro-poor-payment-systems

If there's money to be made in the crypto markets, you can bet traders will be the first on the scene.

Such was the case at least last week, when Coinbase Pro, the cryptocurrency trading platform operated by San Francisco startup Coinbase, announced it would list the cryptocurrency 0x (ZRX), a move that put the "Coinbase effect" on display when ZRX surged nearly 40 percent on the news.

That perhaps isn't so much of a surprise. Coinbase is the largest U.S. cryptocurrency exchange by volume, and recently valued at $8 billion because of its millions of users, a common byproduct of new listings is a double-digit price surge.

Still, it wasn't just Coinbase that got a tip off about the listing prior.

Data shows prices for ZRX began to surge on other exchanges a few minutes before Coinbase made its official public announcement at 17:00 UTC. But while there were whispers online about the possibility of insider trading, a charge the exchange has denied in the past, there's another explanation that is perhaps more plausible.

Savvy traders may have been simply making use of well-timed trading bots, computer programs that automatically scout technical price charts and exchange APIs to identify actionable and profitable developments. The bots can then either immediately act on their findings by placing a trade, or send a signal to their users in the form of a message via social media.

It's often free to receive the signals, but bots capable of placing trades generally come at a cost.

Altcoinnotify, for example, is a bot used only for signals only, and is free on Twitter. On the other hand, more expansive and customizable bots like Cryptohopper, which are capable of placing instantaneous trades based on multiple signals, can cost $20 to $99 per month.

If traders would like more control over a bot, they can even program their own. Estimates suggest experienced programmers can put together the code in just a few days, though it remains a matter of expertise to search for the right buy and sell signals.

In the case of this particular listing, API bots like Lightingsignal appear to have been designed well enough to read Coinbase Pro's API and notice that it had added a new cryptocurrency to it's server. As can be seen in the image below, the bot sent out a signal via Twitter at 16:57 UTC, four minutes before the public announcement.

Cryptocurrency trader Johnny Moe explained how such a signal can give a significant advantage, putting them a leg up above traders seeking to place their own bets on exchanges.
More here: https://www.coindesk.com/how-savvy-traders-gamed-coinbases-latest-crypto-listing-for-a-35-payday/

Another continuance has been granted in the case against against Renwick Haddow, known for his Ponzi and Bitcoin scams. The order for the continuance was signed on October 12th, but was made available to FinanceFeeds late on Monday, October 15th.

The continuance was requested by the US Government. Their motion states that counsel for Haddow and counsel for the Government are engaged in discussions concerning a possible disposition of this case. The negotiations have not been completed but the Government said it planned to continue the discussions.

The Government has requested a 30-day continuance until November 12, 2018, to continue the foregoing discussions and reach a disposition of this matter. The request has been granted by the Court.

This is the sixth order of continuance that has been granted in this case.

In June last year, the charges against Renwick Haddow were unsealed. The criminal complaint charges him with two counts of wire fraud — one relating to the Bitcoin Store scheme and the other relating to the Bar Works scheme. Each charge carries a maximum prison term of 20 years.

Under the allegations, Haddow, who is a citizen of the United Kingdom, from November 2014 through June 2017, solicited investments in start-up companies he created and controlled, including Bitcoin Store — a purported online platform for purchasing, selling, and storing the digital currency known as “Bitcoin”—and Bar Works, which purports to be a company that adapts former restaurants, bar premises, and other locations into co-working spaces. When doing so, Haddow made material misrepresentations about the management, operations, and historical performance of those companies.

For example, Haddow concealed his interest in Bitcoin Store and fabricated the purported “experienced team of leading investment professionals” working at the company. In connection with Bar Works, Haddow adopted the alias “Jonathan Black” to further hide his role in the schemes. He claimed that “Jonathan Black” had an extensive background in finance and had a role in setting up “Car Share,” a car-sharing app.

Haddow solicited investments through his control of InCrowd Equity Inc., which represented itself as a type of crowdfunding portal through which investors could purchase shares of start-ups supposedly vetted by InCrowd. He did so without disclosing to investors that he had an ownership interest in both InCrowd, on the one hand, and Bitcoin Store and Bar Works, on the other. Haddow also misappropriated without permission funds purportedly invested in Bitcoin Store and Bar Works for his own use and the use of others.

The case, captioned USA v. Haddow (1:17-mj-04939), goes on at the New York Southern District Court.
Source: https://financefeeds.com/ny-court-allows-continuance-case-targeting-ponzi-fraudster-renwick-haddow/

Week # 4 (01/10 - 07/10)

Twitter Campaign
Twitter Url: https://twitter.com/cryptojings
Like & Re-tweet
1. https://twitter.com/elyqdcom/status/1045182685222764544
2. https://twitter.com/elyqdcom/status/1045721843280343046
3. https://twitter.com/elyqdcom/status/1045145512561790979
4. https://twitter.com/elyqdcom/status/1046075524320235522

Tweet
1. https://twitter.com/cryptojings/status/1048059701236097025
2. https://twitter.com/cryptojings/status/1049137774991818752
-----------------------
Facebook Campaign
Facebook Url: https://www.facebook.com/jings0077
Like & Share
1. https://www.facebook.com/jings0077/posts/2139836212931676
2. https://www.facebook.com/jings0077/posts/2140297162885581
3. https://www.facebook.com/jings0077/posts/2140801486168482
4. https://www.facebook.com/jings0077/posts/2141292519452712

Post
1. https://www.facebook.com/jings0077/posts/2141293279452636
2. https://www.facebook.com/jings0077/posts/2142795029302461

Week # 5 (08/10 - 14/10)

Twitter Campaign
Twitter Url: https://twitter.com/cryptojings
Like & Re-tweet
https://twitter.com/elyqdcom/status/1047001544003129344
https://twitter.com/elyqdcom/status/1042504020252868611
https://twitter.com/elyqdcom/status/1047021683243175936
https://twitter.com/elyqdcom/status/1046952484672036864

Tweet

https://twitter.com/cryptojings/status/1050554192438341632
https://twitter.com/cryptojings/status/1051725267591258113

-----------------------
Facebook Campaign
Facebook Url: https://www.facebook.com/jings0077
Like & Share

https://www.facebook.com/jings0077/posts/2144587309123233
https://www.facebook.com/jings0077/posts/2144787952436502
https://www.facebook.com/jings0077/posts/2145417755706855
https://www.facebook.com/jings0077/posts/2146287182286579

Post
https://www.facebook.com/jings0077/posts/2144589382456359
https://www.facebook.com/jings0077/posts/2145422755706355

Bitcoin and other major cryptocurrencies saw more losses on Friday morning in Asia, due to the recent slump in global equity markets thanks to the escalating trade war between the U.S. and China as well as central banks driving up interest rates.

Bitcoin edged down 0.22% to $6,282.3 at 11:06 PM ET (03:06 GMT) on the Bitifinex exchange.

Ethereum tumbled 4.03% to $196.51 on the Bitifinex exchange.

XRP slid 7.34% to $0.39555 on the Poloniex exchange, while Litecoin also fell 2.51% to $51.801 on the Bitifinex exchange.

Some economists are increasingly critical of cryptocurrencies. Global economist Nouriel Roubini, who predicted the financial crisis in 2008, warned that the hype of crypto-assets is dangerous.

“Crypto is the mother or father of all scams and bubbles,” he told the U.S. Senate Committee on Banking, Housing and Community Affairs during a recent hearing, CNBC reported.

Roubini said people asked him frequently about whether they should purchase digital tokens, “especially folks with zero financial literacy – individuals who could not tell the difference between stocks and bonds – went into a literal manic frenzy of Bitcoin and crypto buying.”

He accused “scammers, swindlers, criminals, charlatans, insider whales and carnival barkers,” who misled “clueless retail investors’ FOMO [fear of missing out]” for “scammy crappy assets at the peak that then went into a bust and crash – in a matter of months – like you have not seen in any history of financial bubbles.”

The slide in stock markets also affected confidence in the digital tokens market. Quartz’s John Detrixhe said that investor’s risk aversion might be creeping into crypto assets. He also said bitcoin’s price fell below the cost of electricity needed to mine the digital tokens, which could be another reason for the dip.

Meanwhile, the S&P 500 went down 2.06%, hitting a three-month low on Thursday after a 3.29% slide on Wednesday. Dow 30 and Nasdaq also fell 2.13% and 1.25% respectively on Thursday, while the U.S. dollar index dropped below 95 at 94.69.

U.S. President Donald Trump has blamed the Federal Reserve for increasing interest rates.

“I think the Fed is making a mistake. They are so tight. I think the Fed has gone crazy. Actually, it’s a correction that we’ve been waiting for for a long time, but I really disagree with what the fed is doing,” said Trump on Wednesday.
Source: https://www.investing.com/news/cryptocurrency-news/cryptocurrencies-fall-further-on-slide-in-global-stock-markets-1641616

After more than half a year of price drops and losses in value, Bitcoin’s price has finally demonstrated signs of stability. For weeks, Bitcoin managed to remain above the price of $6,550 per coin, which was followed by a small price surge that has allowed the coin to reach $6,600.

Not only that, but Bitcoin’s volume also saw a 12% increase that has taken it from $3.2 billion to $3.6 billion according to CoinMarketCap. While this state of the market did not include all the altcoins, with some of them even experiencing losses, the situation regarding Bitcoin did look promising.

However, the new situation has changed that, as both investors and analysts woke up to the news of crypto prices going down.

Bitcoin volume predictions
Cryptocurrency analysts around the world have been predicting that the recently-balanced situation regarding Bitcoin and many altcoins will not last. While some believed that Bitcoin volume will go up, others have been claiming that it will drop once again, as it has finally happened.

At the moment, Bitcoin has managed to drop below what was recently believed to be its bottom, with a new price being at $6,297. Instead of reaching milestones such as $6,800, and then $7,000 mark as many have hoped, BTC actually dropped by around 6%.

For a while, Bitcoin has been showing signs that it is ready to grow once more. However, the trouble once again lies with the market, which has followed a recent drop in bonds and stock markets. In the meanwhile, experts warn that the market is still not done with the new correction.
Read more at http://globalcoinreport.com/bitcoin-volume-new-bull-run/

Bitcoin (BTC) and Bitcoin Cash (BCH) services firm Bitcoin.com is planning to buy or set up its own crypto exchange, the company’s CEO Roger Ver revealed in an interview with Bloomberg Oct. 9.

According to Ver, the upcoming crypto trading platform will be placed on the Bitcoin.com website, which is expected to generate a great amount of traffic via various services such as wallet transactions and news. Ver said the new platform will get “thousands or tens of thousands of new users every single day” through Bitcoin.com.
Source: https://cointelegraph.com/news/roger-ver-bitcoincom-may-launch-its-own-crypto-exchange