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Topics - CebuBitcoin

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61
Ang Ripple ay humahantong sa Crypto Coalition na naghahanap ng pangangalaga ng Gobyerno na naghihikayat sa Crypto, Blockchain

Ang Ripple ay humantong sa isang grupo ng mga tagapamahala ng Crypto sa mga Regilar ng Lobby at sa Binuo ng Clopto at Blockomin noong Huwebes, Setyembre 27. Ayon sa ulat, ang koalisyon ng mga kumpanya ng Crypto na nakabatay sa San-Francisco ay nagpaplano na magbayad ng Klein / Johnson Group, isang Bipartisan Lobby Group, upang tulungan ang Crypto at Blockchain Community sa conveying sa mga regulator na nangangailangan ng industriya ng suporta mula sa gobyerno, ang bagong grupo, na tinatawag na securing America of Value Coalition ng Layunin, ay naglalayong lumambot ang paninigas ng gobyerno upang kumportable ang kumpetisyon ng pagbabago at suporta sa ecosystem ng global crypto markets.

Source

62
JD.com Opens Institute for Building ‘Smart Cities’ With Blockchain and AI

A division of Chinese e-commerce giant JD.com, JD Finance, has established the Smart City Research Institute at its headquarters in Nanjing, reported People’s Daily September 28.

Jingdong Group (JD.com) is a Chinese e-commerce company that focuses on new technological implementation in e-commerce, logistics, and finance. With the new Institute, JD.com aims to facilitate the development of “smart city” construction with the use of artificial intelligence (AI), big data, and blockchain technologies. 

The company’s first regional headquarters in Nanjing will influence “the entire East China region” and aims to reduce industry costs and increase efficiency. The report states that the company priorities are:

Readmore: https://cointelegraph.com/news/jdcom-opens-institute-for-building-smart-cities-with-blockchain-and-ai

63
A group of lawmakers from the U.S. Congress has sent a letter to Securities and Exchange Commission (SEC) Chairman Jay Clayton, calling for regulatory clarity regarding cryptocurrencies, CNBC  reported September 28.

According to CNBC, more than a dozen congressmen asked Clayton to tell investors how the SEC plans to regulate digital currency. The lawmakers requested clarity on the criteria for identifying digital tokens as “investment contracts” and therefore securities, in addition to a  description of the tools the SEC will use to provide more concrete guidance to innovators in the field. The letter reads:

Readmore: https://cointelegraph.com/news/us-congressmen-call-on-sec-for-regulatory-clarity-regarding-cryptocurrencies

64
Major altcoin Ethereum (ETH) is about to see a “trend reversal and rally strongly” up to $1,900 per token by the end of 2019, according to Fundstrat head of research Tom Lee, as Bloomberg reported September 27.

In a note to clients of Fundstrat Global Advisors, Lee noted the “overly negative” sentiment on the Ethereum market, which he says will be a basis for its strong rebound in the near future.

In his prediction, Lee has referenced the historical performance of Ethereum, citing that the times when the altcoin “underperformed peers by two standard deviations,” the price trend saw a subsequent reverse.

Lee concluded that Ethereum will reach $1,900 by the end of 2019 — a price point that is at least 40 percent higher than Ethereum’s all-time high of $1,349, recorded on January 13, 2018. The price of Ethereum is $230 at press time, meaning that the altcoin’s price will surge by 726 percent by the end of the year, according to Lee.

Readmore: https://cointelegraph.com/news/tom-lee-ethereum-will-rally-strongly-up-to-1-900-by-the-end-of-2019

65
Chinese Tech Giant Baidu Releases ‘Super Chain’ White Paper

Chinese search engine and web services company Baidu has released the Baidu Blockchain White Paper V1.0 on Wednesday, September 26, which describes the development of a “Super Chain” network system.

Baidu Blockchain Lab released the blockchain white paper focused on “the independent development of the ‘Super Chain’ network system.” The paper introduces the idea of commercializing the Baidu cloud blockchain blockchain-as-a-service (BaaS) platform in addition to six applications based on the Super Chain; Totem, Degree Universe, Baidu Association, Treasure Chest, Encyclopedia Online, and Hubert.

According to the white paper, Baidu’s Super Chain is more efficient than a traditional blockchain in that performs with a higher degree of hardware utilization. Per Baidu, Super Chain nodes “use multi-core parallel computing to maximize CPU utilization and increase throughput.”

The Super Chain is a stereo network that supports parallel sidechains. There is a root chain, which manages parallel chains and the operating guidelines of the entire network, that supports data exchange with each chain.

The Super Chain operates on what is dubbed a “pluggable consensus mechanism.” Within the network, the Super Chain allows different parallel chains to choose their own consensus mechanisms. It also supports consensus escalation through a voting mechanism.

The white paper states that Baidu will focus on applying the technology in food safety, product quality, new retail, new manufacturing, supply chain finance, intellectual property and trading, travel, tourism and social networking.

Readmore: https://cointelegraph.com/news/chinese-tech-giant-baidu-releases-super-chain-white-paper

66
US Judge Rules to Bring Alleged Cryptocurrency Scam Under CFTC Oversight

A U.S. federal district judge has ruled that an allegedly fraudulent crypto token meets the definition of a commodity, bringing the case under regulators’ purview, Finance Feeds reports September 27.

Judge Rya W. Zobel of the Massachusetts District Court ruled Sept. 25 against a motion to dismiss a case that had been launched by the Commodity Futures Trading Commission (CFTC) against an allegedly fraudulent crypto scheme known as “My Big Coin Pay Inc.,” reported to have been based in the state of Nevada.

The CFTC had sued tech entrepreneur Randall Crater, and other relief defendants tied to his firm, for allegedly violating the Commodity Exchange Act (CEA) by manipulating investors to buy My Big Coin (MBC) via a series of misleading or false statements. A total of 28 investors are purported to have been defrauded of a collective $6 million, having been led to believe that MBC was “backed by gold” and was being “actively traded” on various crypto exchanges.

The defendants are further alleged to have “arbitrarily” manipulated the value of MBC to dissimulate the price fluctuations of a legitimate cryptocurrency, despite investors purportedly themselves being unable to withdraw funds or trade their MBC token holdings.

Readmore: https://cointelegraph.com/news/us-judge-rules-to-bring-alleged-cryptocurrency-scam-under-cftc-oversight

67
Monero News & Updates / Monero Developers Have Patched the ‘Burning Bug’
« on: September 26, 2018, 01:53:39 PM »
The developers of open-source cryptocurrency Monero (XMR) have patched a bug that could allow an attacker to “burn” the funds of an organization’s wallet while only losing network transaction fees, according to an announcement published September 25.

The bug was reportedly discovered after a community member described a hypothetical attack on the XMR subreddit. The bug could purportedly affect merchants and organizations in the XMR ecosystem, enabling an attacker to trigger significant damage. The blog post further describes how the bug would be exploited:

Readmore: https://cointelegraph.com/news/monero-developers-have-patched-the-burning-bug

68
Ang Google higanteng higante ng U.S. ay naka-set upang i-update ang patakaran ng ad nito noong Oktubre, muling pagsasaayos ng ilang mga negosyo sa crypto upang mag-advertise sa platform nito. Inihayag ito ng kumpanya sa isang opisyal na post Martes, Setyembre 25.

Ayon sa opisyal na anunsyo, simula sa Oktubre, papayagan ng Google ang nakarehistrong mga palitan ng cryptocurrency upang mag-advertise sa platform ng Google Adwords nito, na naka-target sa mga audience ng U.S. at Hapon. Ang pahayag ay nagsabi:

Readmore: https://cointelegraph.com/news/breaking-google-to-reverse-crypto-ad-ban-for-exchanges-advertising-in-us-japan

69
The U.S. tech giant Google is set to update its ad policy in October, reallowing some crypto businesses to advertise on its platform. The company announced this in an official post Tuesday, September 25.

According to the official announcement, starting in October Google will allow registered cryptocurrency exchanges to advertise on its Google Adwords platform, targeting the U.S. and Japanese audiences. The announcement says:

This decision follows an announcement in March that all crypto-related businesses will be banned from buying ads on Google Adwords, described by industry insiders as “unfair” and “troubling.”

To justify its crypto ad ban, Google said that it was protecting its customers from fraudulent offerings, including but not limited to “initial coin offerings, cryptocurrency exchanges, cryptocurrency wallets, and cryptocurrency trading advice.”

Other tech giants, such as Facebook and Twitter have made similar statements in a wave of crypto advertisement bans earlier this year.

Since then, Facebook has reversed its ad ban for pre-approved cryptocurrency firms, while still maintaining a ban on Initial Coin Offering (ICO) advertisement – a move similar to the one made today by Google.

Back in June, during an exclusive interview with Cointelegraph, Wikipedia’s Jimmy Wales commented on the attempts to regulate the blockchain and crypto industries, saying: “You can’t ban math. You can’t ban blockchain.”

Readmore: https://cointelegraph.com/news/breaking-google-to-reverse-crypto-ad-ban-for-exchanges-advertising-in-us-japan

70
Ethereum Forum / ETH or BTC? which coin will survive?
« on: September 25, 2018, 02:55:57 PM »
Share please your opinion
What are the +/- for each one and Why will this one survive?
Maybe there is something that you see and other don't

71
Cryptocurrency discussions / Credits or Vechain ?
« on: September 25, 2018, 02:52:21 PM »
What is the fundamental difference between Credits and Vechain? If you have to choose, which one will you choose? You can include your main reason other than price. Thank you for the time. I hope you will achieve mutual success.

72
Cryptocurrency discussions / Advantage of crypto
« on: September 25, 2018, 02:48:42 PM »
Crypto allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.

73
Binance CEO: ‘I Don’t Understand Why the Bitcoin Price Isn’t Shooting Through the Roof’

Changpeng “CZ” Zhao quietly offered a utopian forecast for the cryptocurrency industry and his ubiquitous cryptocurrency exchange, Binance–which he revealed is becoming increasingly institutionally oriented and will launch five to 10 fiat-to-crypto operations in nearly every continent.

Speaking at Consensus Singapore, the Binance chief whip suggested that the regulatory breakthroughs seen last week have now provided an onramp for institutional entrance to cryptocurrency and that the market may have greener pastures ahead.

Zhao was presumably giving the nod to Gemini’s new regulated stablecoin and BitGo’s approval to operate as a qualified custodian, both of which have been widely heralded as pivotal pieces of infrastructure for institutional participation in cryptocurrency. He stated:

“Custodian solutions, insurance, are very important, and stablecoins are very, very important—actually all of those things happened in the last week—I don’t understand why the Bitcoin price isn’t shooting through the roof.”

Where such comments would seem bullish, the Chinese-Canadian billionaire noted that price predictions were not his forté—a foreseeable disclaimer, given his position as chief executive of the world’s largest cryptocurrency exchange by daily volume.

Zhao did go on to offer a data-driven bull flag of sorts, explaining that Bitcoin has exhibited unrelenting growth on weekly, monthly and yearly time scales. There may be little certainty found in Zhao’s obligatory projections; however, the executive explained at length Binance’s devotion to fueling market growth.


Continue @ https://cryptoslate.com/binance-ceo-i-dont-understand-why-the-bitcoin-price-isnt-shooting-through-the-roof/

74
Over the past week, altcoin Ripple’s (XRP) price has gone through the roof. It has seen an unprecedented 140 percent growth over the past seven days, up almost 63 percent in the past 24 hours alone, trading at around $0.61 at press time.

XRP has gone as far as to beat Ethereum (ETH) to be ranked number two by total market capitalization on CoinMarketCap (returned to the third spot by the press time). What could possibly drive the price so high? While there’s no definite answer to that question, here’s some background and theories.

Ripple is a California-based payment network and protocol company that was established in 2012. Essentially, it focuses on facilitating transfers between major financial corporations.

Ripple is not quite your average cryptocurrency — in fact, some might argue it’s not a cryptocurrency at all. It champions a less conventional ideology for the industry: Ripple doesn’t want to overthrow the government along with the banking system. Conversely, it chose to work with mainstream financial players from the very start. As Brad Garlinghouse, CEO of Ripple, told Cointelegraph in March:

Readmore

75
Usapang Presyo / Bitcoin Cash at USDT price analysis
« on: September 22, 2018, 11:49:21 AM »
Ang Bitcoin Cash ay nakabalik din kasama ang iba pang mga cryptocurrency. Ito ay nasira sa 20 araw na EMA at maaari na ngayong lumipat sa 50 araw na SMA, na nasa ibaba lamang ng linya ng paglaban ng pababang channel.
Ang isang break mula sa pababang channel ay nagpapahiwatig ng isang malamang na pagbabago sa trend. Ang mga antas upang panoorin para sa upside ay $ 660, at sa itaas na $ 880.

Kung ang mga toro ay nabigo sa paglabas ng channel, ang pares ng BCH / USD ay maaaring manatiling maaga sa pagitan ng $ 400 at ang linya ng paglaban ng channel. Ang mga negosyante ay dapat magtatag ng isang bagong posisyon lamang sa isang nakumpirma na break out ng channel dahil hanggang sa gayon, ang trend ay nananatiling pababa.

Pinagmulan

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