Litecoin has hit what creator Charlie Lee has called two “milestones,” passing $60 and a $3 bln market cap for the first time. Data from Coinmarketcap showed Sunday delivering Litecoin’s best performance in its four-year history based on Chinese and South Korean trade volumes. At press time, its market cap had increased further to $3.2 bln, while cross-exchange prices averaged around $61.50, slightly below the all-time highs reached Sunday. https://cointelegraph.com/news/litecoin-milestone-trading-sends-price-over-60-market-cap-hits-3-bln |
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Bitcoin’s value is skyrocketing today on August 29 reaching an all-time high of $4,650 per BTC across global exchanges. Bulls don’t seem to be letting up as the price continues to climb after short periods of pullbacks as $5K per BTC could be just around the bend. Bitcoin Surpasses Another All-Time High After a solid week of bouncing around the $4,250-4,350 range, bitcoin markets kicked into high gear on Monday after the weekend, reaching a new all time high. At press time the price per bitcoin is hovering around the $4580-4630 territory and sell walls look extremely flat on many popular exchanges. Bitcoin trade volume has been strong commanding $2.2B worth of trades over the past 24-hours, and bitcoin dominance is averaging around 46 percent. The highest trade volumes for bitcoin right now are currently stemming from Japan, China, the U.S., South Korea, and India. Interestingly, Asian markets from exchanges like Bitflyer, Bithumb, and Huobi are currently trading roughly $50 less than western exchange spot prices https://news.bitcoin.com/markets-update-bitcoin-skyrockets-to-4650-setting-new-all-time-high |
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A team of software developers supported by serial entrepreneur Mark Cuban has launched the digital currency Ethereum-based Mercury Protocol for the communication industry on Aug. 24. The protocol’s system is underpinned by the ERC20 token called the “Global Messaging Token” (GMT). According to Mercury Protocol lead Blockchain developer Preethi Kasireddy, the protocol uses the GMT token as a utility metric for communication platform participation. https://cointelegraph.com/news/entrepreneur-mark-cubans-team-launches-ethereum-based-mercury-protocol |
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Cyber hackers from North Korea have reportedly targeted Bitcoin exchanges in South Korea in retaliation to new sanctions imposed by the United Nations against the hermit state as of late August 2017. According to South Korea’s Cyber Warfare Research Center, at least one Bitcoin exchange was targeted by a hacking attempt that possibly originated from North Korea. The assault was allegedly distributed through a dedicated email campaign. If the emails are opened by employees of the targeted exchanges, the attached malware will embed itself in the company's’ computer networks. So far, there are no exact figures on the number of exchanges that were hit by the attack. https://cointelegraph.com/news/north-korean-hackers-reportedly-attack-bitcoin-exchange-in-south-korea |
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The digital currency Dash will be holding it’s own dedicated conference in London on September 24. The event is organized by Keynote, the same company that puts together the North American Bitcoin Conference in Miami and the World Blockchain Forum, among several others. Dash Core Team CEO Ryan Taylor has promised major announcements will be made and important business partnerships will be revealed at this one day event. The conference will be held at The Oval Space in London. Dash’s timing is convenient because the World Blockchain Forum begins the following day at the same venue. Around 350 participants are expected at the event. Ryan Taylor will be a keynote speaker, as will Founder and Strategy Advisor Evan Duffield. The event will feature panel sessions on hot topics such as the development of the upcoming Evolution upgrade, a Dash debit card, and the newly-announced Dash Labs. https://cointelegraph.com/news/dash-hosting-dedicated-conference-in-london-this-september-promises-major-announcements |
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There are a few ways bitcoiners can store their funds securely by utilizing cold storage options like a paper wallet and hardware wallets. Currently, there are only a few well-known hardware wallet manufacturers that produce cryptocurrency storage devices such as Keepkey, Ledger, Opendime, and Trezor. However, there are two other hardware wallets that have entered the market called Digital Bitbox and Bitlox. https://news.bitcoin.com/a-look-at-two-alternative-bitcoin-hardware-wallets-on-the-market |
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Fred Ehrsam, Coinbase co-founder, has said at Y Combinator Demo Day 2017, an annual event held by one of the most prominent and leading venture capital firms, that only two startups out of 130 are building Blockchain-inspired products. It has become quite evident that demand towards Blockchain technology and Blockchain-based applications from the global technology industry has increased significantly over the past two years. Multi-billion dollar technology conglomerates and financial institutions including Visa, Microsoft and IBM are actively hiring Blockchain developers to successfully deploy decentralized infrastructures in their existing networks. https://cointelegraph.com/news/ethereum-will-be-worth-1000-in-couple-of-years-aragon-co-founder |
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Ask any oldtimer, and you’ll find that masterluc is something of a legend in the Bitcoin community. His main claim to fame is that he called the top of the November 2013 Bitcoin bubble and the subsequent bear market. On December 6, with the price at $1100, he said: “Third day in a row I wake up, see charts and ask myself "Is this the end?" and third day in a row answer is "Yes.” End of first historical bullish trend 2010-2013.” https://cointelegraph.com/news/legendary-bitcoin-trader-masterluc-predicts-15000-bitcoin-this-year |
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Sounds fantastical? Maybe, but Blockstream swears it isn't as crazy as it sounds. Today, the bitcoin infrastructure company is launching Blockstream Satellite, an ambitious attempt to use leased satellites to beam bitcoin nearly anywhere in the world. Now in beta, bitcoin users in Africa, Europe, South America and North America can already use the satellites to download a working bitcoin node capable of storing the network's entire transaction history. But while complex conceptually, the company believes its end result can solve a real issue facing the $66 billion network – without internet, you can't access bitcoin. And this poses a problem for bitcoin proponents who believe the cryptocurrency could be especially beneficial to people without internet, who also generally live in areas with economic instability. So, Blockstream decided to set its sights on a solution, and found it in space. According to Blockstream CEO Adam Back, the project is all about putting bitcoin into the hands of those who "desperately need" it. https://www.coindesk.com/blockstream-using-satellites-beam-bitcoin-earth |
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LocalCoinATM, the Ontario-based bitcoin and Ethereum ATM manufacturer, has installed its first batch of Ethereum ATMs in Canada. These were installed over the past week in three different locations: Toronto, Brampton and Etobicoke. All of the ATMs were launched in branches of Hasty Market, a popular convenience store chain in Canada. LocalCoinATM released an official statement: “We’re excited to announce that we’ve added support for Ethereum on all our Bitcoin ATMs in Toronto and the GTA. We are the first Ethereum ATM providers in Toronto. Ethereum has revolutionized the crypto industry with its smart contract features.” https://cointelegraph.com/news/toronto-receives-its-first-ethereum-atms-targeting-mainstream-adoption |
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