🔥 One of the Uber founders, that is specialized in private transportation, Garrett Camp is going to issue its own digital currency Eco.
Creators are going to exclude anonymous transactions, using only verified nodes to confirm and support the network.
Definitely keep watching over it 📈
Creators are going to exclude anonymous transactions, using only verified nodes to confirm and support the network.
Definitely keep watching over it 📈
CEO of the Hong Kong blocking company IOHK, Charles Hoskinson believes that the Cardano project he created has all chances to get around in competition the two leading crypto currencies in the world Bitcoin and Ethereum.
"We work tirelessly and move much faster. Ethereum is developing Casper, its own proof-of-stake consensus algorithm, for about three years already.
We are working on our Ouroboros consensus algorithm for a year and a half and have made much progress, already having a working network for proof-of-stake. If you are a developer of smart contracts, today you can do everything on Ethereum, and when our layer is ready, deploy your smart contract on our system. Everything will be safer, faster and cheaper than on Ethereum "
"We work tirelessly and move much faster. Ethereum is developing Casper, its own proof-of-stake consensus algorithm, for about three years already.
We are working on our Ouroboros consensus algorithm for a year and a half and have made much progress, already having a working network for proof-of-stake. If you are a developer of smart contracts, today you can do everything on Ethereum, and when our layer is ready, deploy your smart contract on our system. Everything will be safer, faster and cheaper than on Ethereum "
💰 Germany: "Virtual currencies acquire the status of legal means of payment, because they are used by transaction participants as an alternative contractual and instant payment method," the German government explained.
Such an expected news for the Europeans🤗
Such an expected news for the Europeans🤗
☀️ The solar energy will be used for mining in Japan
The Japanese energy company from Kumamoto city, Kumamoto-Energy, has recently announced that it plans to use solar energy for cryptocurrency mining. This direction will be occupied by a subsidiary company “OZ Mining”, established in February. Such a solution from Kumamoto-Energy gives new opportunities for mining, at the same time using renewable resources and not harming the environment.
According to forecasts, when the crypt industry will reach its peak with an exponential growth, most of the planet's energy resources will be on the verge of exhaustion. If you do not stop mining, it can lead to an environmental disaster. But recent statements about the use of solar energy give hope that everything will be balanced in the future.
Renewables are unevenly distributed, roads are not well-developed, but the world should strive to generate energy with the help of solar energy, tidal energy, wind and other renewable sources ⚡️
The Japanese energy company from Kumamoto city, Kumamoto-Energy, has recently announced that it plans to use solar energy for cryptocurrency mining. This direction will be occupied by a subsidiary company “OZ Mining”, established in February. Such a solution from Kumamoto-Energy gives new opportunities for mining, at the same time using renewable resources and not harming the environment.
According to forecasts, when the crypt industry will reach its peak with an exponential growth, most of the planet's energy resources will be on the verge of exhaustion. If you do not stop mining, it can lead to an environmental disaster. But recent statements about the use of solar energy give hope that everything will be balanced in the future.
Renewables are unevenly distributed, roads are not well-developed, but the world should strive to generate energy with the help of solar energy, tidal energy, wind and other renewable sources ⚡️
👌 Binance and Bitfinex reported a decrease in transaction fees in the bitcoin network
On March 1, developers of Binance's crypto-exchange systems announced that they have reduced the fee for transactions in the bitcoin network by 50% 💼
On March 1, developers of Binance's crypto-exchange systems announced that they have reduced the fee for transactions in the bitcoin network by 50% 💼
Breaking news 🌐
PayPal is developing its own system of instant crypto payments
PayPal is developing its own system of instant crypto payments
Russia: Vladimir Putin Signals Obligatory Cryptocurrency Regulation Will Begin ‘July 1’
Russia’s president Vladimir Putin has signalled cryptocurrency regulation in the country should become law “by July 1” this year, according to the official government publication Parlamentskaya Gazeta Feb. 28.
Putin has set in stone the release date for a regulatory package, now called the Digital Assets Regulation Bill, which first appeared last year.
Its introduction will end years of uncertainty in which cryptocurrency - along with investors corporate and private - lay in a gray area, with local authorities in Russia taking various contradictory moves to decide which aspects of it were and were not legal.
Last week, a court in St. Petersburg annulled a law enacted in July 2017 which suddenly banned the distribution of educational materials related to Bitcoin.
“Operation of cryptocurrency markets is linked to specific risks, and nationwide regulation of this arena is therefore essential,” parliamentary finance committee chairman Anatoly Aksakov said in an appraisal during a discussion late February.
At the same time, lawmakers in Moscow are currently preparing ICO and crowdfunding laws, some key details of which continue to cause friction between the central bank and government ministers.
According to Parlamentskaya Gazeta, the Central Bank of Russia specifically wishes to criminalize ICO token investments, while the Ministry of Finance (MinFin) wants regulation.
“The central bank has come out against the legalization of this kind of digital currency inasmuch as citizens could then actively invest in instruments without considering possible risks,” Aksakov commented on the ongoing deadlock.
Russia’s president Vladimir Putin has signalled cryptocurrency regulation in the country should become law “by July 1” this year, according to the official government publication Parlamentskaya Gazeta Feb. 28.
Putin has set in stone the release date for a regulatory package, now called the Digital Assets Regulation Bill, which first appeared last year.
Its introduction will end years of uncertainty in which cryptocurrency - along with investors corporate and private - lay in a gray area, with local authorities in Russia taking various contradictory moves to decide which aspects of it were and were not legal.
Last week, a court in St. Petersburg annulled a law enacted in July 2017 which suddenly banned the distribution of educational materials related to Bitcoin.
“Operation of cryptocurrency markets is linked to specific risks, and nationwide regulation of this arena is therefore essential,” parliamentary finance committee chairman Anatoly Aksakov said in an appraisal during a discussion late February.
At the same time, lawmakers in Moscow are currently preparing ICO and crowdfunding laws, some key details of which continue to cause friction between the central bank and government ministers.
According to Parlamentskaya Gazeta, the Central Bank of Russia specifically wishes to criminalize ICO token investments, while the Ministry of Finance (MinFin) wants regulation.
“The central bank has come out against the legalization of this kind of digital currency inasmuch as citizens could then actively invest in instruments without considering possible risks,” Aksakov commented on the ongoing deadlock.
Warning: Issues on Binance
This morning a large number of users are reporting issues with their accounts on Binance.
Issues:
Many people have logged in to find that all their altcoins were sold for BTC, and that many users also placed buy-orders for a specific coin at a price multiple times above its regular value.
This is only effecting users who have issued API keys on their accounts.
Binance has confirmed the issue stems from the API via third-party tools and is not a direct compromise issue.
Security Suggestions:
If you use third-party trade bots, automation tools, portfolio trackers, or portfolio management tools that use Binance API keys you should consider:
Disabling those accounts either on Binance or the tool itself.
Disabling "trade" access to the API on Binance, or resetting the key.
Disabling your API keys on any other exchange that is hooked into the same systems.
Ensuring your 2FA is enabled, and you are using a strong and unique password.
At this time it does not seem like Binance was directly compromised in any way, but we are still awaiting official comments.
We will try to keep you updated as new information develops.
Edit - Update 1:
Binance is aware of the issue and investigating.
They have disabled withdrawals during this investigation to ensure that any compromised funds remain in their control.
They have confirmed this has only effected users with API keys
Binance Community Manager has responded in this thread and will help keep us up to date
This morning a large number of users are reporting issues with their accounts on Binance.
Issues:
Many people have logged in to find that all their altcoins were sold for BTC, and that many users also placed buy-orders for a specific coin at a price multiple times above its regular value.
This is only effecting users who have issued API keys on their accounts.
Binance has confirmed the issue stems from the API via third-party tools and is not a direct compromise issue.
Security Suggestions:
If you use third-party trade bots, automation tools, portfolio trackers, or portfolio management tools that use Binance API keys you should consider:
Disabling those accounts either on Binance or the tool itself.
Disabling "trade" access to the API on Binance, or resetting the key.
Disabling your API keys on any other exchange that is hooked into the same systems.
Ensuring your 2FA is enabled, and you are using a strong and unique password.
At this time it does not seem like Binance was directly compromised in any way, but we are still awaiting official comments.
We will try to keep you updated as new information develops.
Edit - Update 1:
Binance is aware of the issue and investigating.
They have disabled withdrawals during this investigation to ensure that any compromised funds remain in their control.
They have confirmed this has only effected users with API keys
Binance Community Manager has responded in this thread and will help keep us up to date