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CryptoKaiju, the UK-based blockchain start-up which made waves around the world last year, has announced the release of its second-generation Bitcoin-themed collectibles. Jaiantokoin is based on the idea of a giant anthropomorphic cryptocurrency and follows in the footsteps of 2018’s debut figure, Genesis. Genesis made history in 2018 when it became the world’s first vinyl toy to be fully traceable on a public blockchain. It sold out in just over one month and went on to be sold on secondary markets for as much as $280 per collectible. Much like its predecessor, the new toy which is named “Giant Token” uses tamper resistant NFC tags and is digitally unique. Each is backed by a non-fungible ERC-721 token, which is the same token standard used in the highly popular virtual game, CryptoKitties. http://www.spankystokes.com/2019/03/cryptokaiju-launches-their-second-batch.html |
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クリプト怪獣はイーサリアムブロックチェーンの技術が活かされた、柔らかいビニール製のキャラクター模型です。 怪獣の模型一つ一つが、ERC-721対応のスマートコントラクトにリンクしたNFC対応の権限証書と耐タンパー性を備えています。 怪獣はリリースに向けた様々なデザインとあなたの一番好きな仮想通貨をもとに作られています。 一回の生産では、変異型、特別版、一回限りのものが含まれます。一回の生産はスマートコントラクト内で希少性を証明されたものに限られます。 キャラクター模型の一つ一つが代替不可能なトークンで裏付けされています。これは同じ怪獣が2つ存在せず、それぞれに特定の名前、説明、特徴があり、中には他の怪獣よりレアなものもあるということになります。 クリプト怪獣のおもちゃ第一号、ジェネシスは2018年11月にリリースされ、40日以内に売れ切れました。次回のリリースである“ジャイアント・コイン”は、2019年3月に250点数量限定でリリース予定です。 新しいクリプト怪獣の発売を祝って制作チームは怪獣を数体ファンの方々に抽選でプレゼントいたします。 ご希望の方はこのページのメーリングリストに登録してください。 https://gleam.io/Ihl76/- |
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Following the success of their first Ethereum powered vinyl toys, UK based company CryptoKaiju are about to launch the second Generation at the end of the month. Genesis made history in 2018 when it became the world’s first vinyl toy to be fully traceable on a public blockchain. These Bitcoin-themed collectibles have the ability to be tracked in the Kaiju via a tamper-proof resistant tag in its foot. This allows you to know you’re dealing with a legitimate release and also the rarity of the release. The token ensures that the collectible can’t be duplicated, counterfeited or faked and also means that every CryptoKaiju is digitally unique. Each Kaiju is unique and is made up of several different fields Name D.O.B Batch Colour 2 traits A description The characterisation process for Kaiju from the genesis batch was manual with CryptoKaiju creating unique characters as well as taking inspiration from the crypto industry and paying homage to pop culture. With the exception of Kaiju given away to friends, each has been randomly assigned to an order. https://www.thetoychronicle.com/news/coming-soon-second-genesis-of-vinyl-blockchain-toys-by-cryptokaiju/ |
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As a long time collector of designer vinyl toys, last summer I came up with the idea of tokenizing physical collectibles. I approached my friends at KnownOrigin/ Blockrocket and we worked together on the concept until we’d developed something that was functional and that we all liked, and so CryptoKaiju was born. At this point, we had no idea if anyone would be interested in the project, but took the plunge and began the long process of producing a small run of vinyl toys, opting for 120 monsters based on a character that we’d produced for a CoinJournal print which we’d also turned into an NFT. https://medium.com/cryptokaiju/batch-1-roundup-841748c9bdf |
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The U.S. Government doesn’t care about your losses. They don’t care if you get scammed. What they care about is their own power, keeping it, and controlling you. There is no better illustration of that than in the disparity in the sentences of Ross Ulbricht and Joshua Homero Garza. It’s been three years since Garza’s actions and even longer since Ulbricht’s arrest so a recap is in order. Joshua Homero Garza, better known simply as Josh Garza was the CEO and founder of GAW Mining, which initially sold mining hardware. Eventually they started to rent out hashing power in the form of “cloud mining” the problem was, they didn’t have the mining capabilities they claimed to have. Unlike hardware and other cloud mining solutions, Garza claimed that his “hashlets” would never become obsolete and would always be profitable. A claim anyone who has spent any time around anything technology related would tell you is impossible. So, Garza and his band of cronies started paying out old investors with new investor money. You can probably guess what happened next. The Ponzi band-aid could only last so long before there wasn’t enough to go around so Garza started the next phase of his scheme: Paycoin. Paycoin was billed as a Bitcoin killer. A chance for investors to get in cheap and see the kind of returns early bitcoin adopters got to enjoy. It touted partnerships with VISA, MasterCard, Amazon and Target. It got a long article on the Wall Street Journal website. It was backed by investment firm Cantor-Fitzgerald. https://coinjournal.net/josh-and-ross-the-government-doesnt-care-about-you/ |
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There are trillions of dollars worth of capital not being used. Or rather, they are being used so ineffectively that they might as well not be used. Capital tied up in the supply chain and slowed by the ancient fiat system results in a lot of waiting, borrowing and general ineffective use. Sweetbridge thinks they can fix that, but only if regulators let them. The financial regulatory system in the United States is a hodgepodge of different state regulations, federal regulators and red tape that is preventing financial innovation that could free up untold capital and reinvigorate our economy. https://coinjournal.net/regulation-is-why-the-us-is-losing-the-crypto-war/ |
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At Consensus 2018, we sat down with Ben Chan, CTO of BitGo to discuss what the future holds for the company. Chain explained that this year the company is focused on improving their custodial services and was interested in the decentralized exchange space. “For this year, it’s really about custody. We want to keep improving and strengthening our position in custodial services. Towards the end of the year, we’re working to offer other financial services on top of [custody]. We’re really interested in decentralized exchanges. We believe that [decentralized exchanges] provide a new source of liquidity, as well as more interesting ways to trade.”Chan predicts that 2018 will likely be the year we see large institutions adopting cryptocurrency and introducing distributed ledger technology. https://coinjournal.net/ben-chan-discusses-the-future-of-bitgo/ |
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Crypto-mining malware is draining enterprises’ CPU power with an estimated 23% of organizations globally being affected by the Coinhive variant during January 2018, according to Check Point’s latest Global Threat Impact index. Researchers of the firm discovered three different variants of crypto-mining malware in its top 10 most prevalent threat with Coinhive ranking first. Other crypto-miner malware that made the list include JSEcoin ranked fifth, and Cryptoloot ranked eighth. The firm claims more than one-in-five organizations around the world had been affected by the Coinhive variant last month. https://coinjournal.net/23-organizations-globally-affected-crypto-mining-malware-coinhive-says-cybersecurity-firm/ |
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The digital currency exchange Bitstamp has chosen Onfido’s identity verification engine to onboard new customers. Onfido provides a full-stack identity verification platform, which will assist Bitstamp in processing its large amount of new customer signup requests. In December, due to the massive surge in demand for cryptocurrencies, many exchanges were forced to close their doors to new customers. This is reflective of a larger issue within the crypto ecosystem, that of scalability. The existing infrastructure did not have the capacity to handle all of the new traffic, which resulted in many would-be customers being unable to open trading accounts on various platforms, and caused long delays in transaction speed on the Bitcoin and Ethereum networks. According to a recent press release, Bitstamp has been receiving more than 100,000 new account requests daily since December. At the moment, Bitstamp is the EU’s largest exchange by volume, and has over three million customers. To their credit, Bitstamp never shut down new customer registrations, even though trading volume on the change increased by over 1,000 percent in 2017. In addition, Bitstamp has responded to the surge in demand for new accounts by quadrupling its staff size. https://coinjournal.net/bitstamp-enlists-onfido-improve-new-customer-onboarding/ |
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Japan’s Financial Services Agency (FSA) plans to take administrative actions against hacked cryptocurrency exchange Coincheck after the company announced the loss of 523 million units of NEM cryptocurrency (about US$530 million) from a hack. The FSA suspects that a lack of proper security measures allowed hackers to steal a record haul of cryptocurrency on Friday, according to a report by Nikkei Asian Review. The regulator will issue a business improvement order to Coincheck later on Monday and order the company to strengthen its safeguards to prevent a recurrence, Japan’s chief cabinet secretary Yoshihide Suga told a regular news conference. https://coinjournal.net/japans-financial-regulator-responds-coincheck-us530m-hack/ |
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Spencer Bogart, a prominent venture capitalist and a partner at Blockchain Capital, stated that the integration of bitcoin from Robinhood and TT is a big deal. This week, Trading Technologies International Inc, better known as TT, has added Coinbase into its network that allows various assets and products to be traded on major exchanges. TT CEO Rick Lane said in an interview that adding Coinbase onto the company’s system would increase the liquidity and accessibility of cryptocurrencies for institutional investors and large-scale retail traders. https://coinjournal.net/prominent-vc-robinhood-tt-integrating-bitcoin-big-deal/ |
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There have been quite a few proposals to raise Bitcoin’s block size limit by way of a hard fork over the past three years, but none of them were able to gain consensus among the nodes on the network. The key selling point of such an increase to the block size limit has always been the idea that an increase in the supply of block space will lead to lower transaction fees and the ability for the network to process more transactions per second, but the current congestion seen on the Bitcoin network has actually had a positive impact in terms of the forced optimization of companies’ interactions with the blockchain. While higher transaction fees have undoubtedly priced out some low-value use cases of Bitcoin block space, the optimizations being implemented by bitcoin custodians and wallet providers should help the cryptoasset network retain its core value proposition of decentralized, censorship-resistant digital money over the long term. https://coinjournal.net/op-ed-bitcoins-high-fees-forcing-companies-optimize-interactions-blockchain-thats-good-thing/ |
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South Korean cryptocurrency exchanges including Bithumb, Coinone, and Korbit are adding more employees than banks and financial institutions, local mainstream news networks have reported. YTN, one of South Korea’s largest mainstream media outlets, revealed that Bithumb, which processes more than $2.6 billion worth of cryptocurrency trades on a daily basis, has been hiring more talents and experienced specialists from the country’s finance sector than major financial institutions. The hiring spree came after the government called on local trading platforms to operate as fully regulated financial institutions. After an emergency meeting to discuss cryptocurrency regulations on December 13 was held, the South Korean government has focused on regulating the local cryptocurrency market and tightening policies for exchanges. https://coinjournal.net/south-korean-cryptocurrency-mania-exchanges-adding-employees-banks/ |
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Litecoin, which is an altcoin that has long been marketed as the “silver to bitcoin’s gold”, was not the most difficult thing for creator Charlie Lee to launch. He simply took the Bitcoin Core codebase, changed a few parameters (such as the block time and mining algorithm), and then posted the new creation on bitcointalk.org. More than six years after this initial launch, this close relationship to the code found in Bitcoin Core, which is effectively the reference implementation of the Bitcoin protocol, has become one of Litecoin’s greatest strengths. https://coinjournal.net/charlie-lee-wants-test-new-solution-bitcoin-fee-estimation-litecoin/ |
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TumbleBit is one of the latest developments in the land of Bitcoin privacy proposals, and it’s gaining a large amount of attention from those who understand the importance of fungibility in digital cash systems. This privacy enhancement essentially allows a user to send transactions through a tumbler without the possibility of having their funds stolen or the tumbler learning about the connection between the sender and the receiver. This improvement can be implemented without any changes to the Bitcoin protocol, which has some wondering how well Bitcoin will soon be able to compete against the more privacy-focused altcoins such as Monero and Zcash. http://coinjournal.net/tumblebit-part-1-bitcoin-privacy-proposal-compare-monero-zcash/ |
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During a recent presentation at Paralelni Polis in Prague, Czech Republic, Blockstream President Adam Back shared his personal vision for scaling Bitcoin to handle more users over the next few years. His plan is mostly based on the Bitcoin Core roadmap for capacity increases (originally written up by Blockstream CTO and Bitcoin Core contributor Greg Maxwell on the Bitcoin development mailing list). http://coinjournal.net/blockstream-president-adam-back-shares-roadmap-scaling-bitcoin/ |
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Bitcoin’s saving grace for scalability (at least in the eyes of the vast majority of Bitcoin Core contributors) should be ready for use this summer. The Lightning Network, which is a generalized network of payment channels that enables instant bitcoin transactions with practically no fees, could be live as soon as this summer. This new protocol layer built on top of the Bitcoin blockchain has received a lot of attention and hype over the past couple of years, and a fix for transaction malleability via Segregated Witness has resolved some of the code and design complexities involved with the network. http://coinjournal.net/lightning-network-should-be-ready-this-summer/ |
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