The COINsistent Show - The Crypto Actuallity that /Actually/ Matters!

[museakira78]

"Bitcoin and cryptocurrency exchange hacks and security breaches are still a common occurrence but the biggest bitcoin market places are working hard to change this—with mixed success.
The bitcoin price regularly takes a beating due to bitcoin exchanges and cryptocurrency platforms losing its user's data and, in worst cases, their actual coins.
Now, Binance, the world’s largest cryptocurrency exchange by trading volume which has built a reputation of transparency and reliability, has warned users it’s investigating an alleged leak of verification data."

Taken from the article: Serious Security Warning Issued For World's Biggest Bitcoin And Crypto Exchange, Binance
Read it by going to: https://www.forbes.com/sites/billybambrough/2019/08/08/serious-security-warning-issued-for-worlds-biggest-bitcoin-and-cryptocurrency-exchange-binance/#7fef68556158

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[msap100]

"From early next year, Facebook intends to let its two billion-odd users - more than 139 million of whom are in Africa - make digital payments through its apps and popular messaging service WhatsApp using a new crypto-currency called Libra.

It could have profound implications for a continent which receives a huge amount of remittances - and is one of the least-banked regions of the world, something that has allowed for other innovations like mobile cash payments to take hold in Africa."

Taken from the article: Will Facebook's digital money Libra be good for Africa?
Read it by going to: https://www.bbc.com/news/world-africa-48882301?intlink_from_url=https://www.bbc.com/news/topics/cyd7z4rvdm3t/crypto-currency&link_location=live-reporting-story

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[museakira78]

"This entire year has been pretty bleak for the majority of altcoins which have barely managed to drag themselves out of the frozen quagmire of crypto winter. Since last Friday, total crypto market capitalization has grown by 7 percent but it is by no effort of any of the altcoins."

Taken from the article: Altcoins Annihilated as Crypto Winter Threatens to Return
Read it by going to: https://www.newsbtc.com/2019/08/09/altcoins-annihilated-as-crypto-winter-threatens-to-return/

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[msap100]

"Bitcoin, which recorded a new hash rate high, and increased by over 12 percent over the same seven day period, is responsible for all of those market gains. At the time of writing total market cap is at $304 billion, $20 billion higher than this time last week. According to Tradingview, BTC dominance is almost 71 percent and the altcoins are getting obliterated.
Ethereum has dumped over 5 percent today in a slide back below $215. Since its high of $238 earlier this week, ETH has been in free fall plunging 10 percent to current levels. With no fundamentals in sight and weak technical, Ethereum could be back below $200 by next week, especially if big brother decides to pull back again."

Taken from the article: Altcoins Annihilated as Crypto Winter Threatens to Return
Read it by going to: https://www.newsbtc.com/2019/08/09/altcoins-annihilated-as-crypto-winter-threatens-to-return/

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[museakira78]

"The Binance-owned digital currency wallet, Trust Wallet, has released a desktop application for macOS.
The team behind Trust Wallet announced the development in a tweet today, Aug. 12, also revealing that the wallet will be available in the Mac App Store shortly.
In a series of tweets, Trust Wallet founder Viktor Radchenko disclosed that support for Linux will be launched next week. Radchenko further said that the main challenge for the team now is to port Trust Wallet to Windows, which they have ostensibly not done yet. Radchenko also noted that most desktop crypto users — around 75% — are on Windows."


Taken from the article: Binance’s Trust Wallet Releases Desktop App for MacOS
Read it by going to: https://cointelegraph.com/news/binances-trust-wallet-releases-desktop-app-for-macos

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[msap100]

"Blockchain technology is among the most disruptive forces of the past decade. Its power to record, enable, and secure huge numbers and varieties of transactions raises an intriguing question: Can the same distributed ledger technology that powers bitcoin also enable better execution of strategic projects in a conservative sector like construction, involving large teams of contractors and subcontractors and an abundance of building codes, safety regulations, and standards?"

Taken from the article: How Blockchain Will Change Construction
Read it by going to: https://hbr.org/2019/07/how-blockchain-will-change-construction

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[museakira78]

"2019 is the year when the blockchain ecosystem and the crypto industry as a whole had to get sober. After a wild 2017 and a bear 2018, the blockchain space is back on an upwards trajectory with new developments. There are no more Initial Coin Offerings (ICOs) to distract the crypto ecosystem and the building mentality is back on. This post-ICO and post-useless-PR-partnerships age urges the blockchain community to be less focused on the current price of bitcoin and more focused on producing meaningful services and advancements. Big projects from established enterprises like Facebook Libra are taking all the media space now and this is net positive for the enterprise blockchain space as well."


Taken from the article: Large Enterprises Are Betting On Blockchain In 2019
Read it by going to: https://www.forbes.com/sites/biserdimitrov/2019/08/13/large-enterprises-are-betting-on-blockchain-in-2019/#4ede26b11bff

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[msap100]

"Governments worldwide are changing the way they regulate crypto assets to comply with the global cryptocurrency standards set by the Financial Action Task Force (FATF). Some are amending existing laws, while others are creating a new system to cooperate and share data.
A number of countries worldwide are reportedly setting up a new cryptocurrency system to help them comply with the FATF standards. Fifteen nations are planning to create a global system “to collect and share personal data on individuals who conduct cryptocurrency transactions,” Nikkei reported on Aug. 9, noting that “the G7 members, Australia, and Singapore will develop the new system.” The G7 members are France, Japan, Canada, Italy, Germany, the U.K., and the U.S."

Taken from the article: Crypto Regulations Are Changing Worldwide to Comply With FATF Standards
Read it by going to: https://news.bitcoin.com/crypto-regulations-changing-worldwide-comply-fatf-standards/

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[museakira78]

"A quick look at the crypto market top ten by market cap and how they’ve performed in correlation with Bitcoin could help shed some light in which of the bunch will return to their former glory and even go on to set new highs.
According to data shared by San Diego-based Blockforce Capital Chief Investment Officer David Martin, only two of the top ten crypto assets have outpaced Bitcoin in 2019 thus far: Litecoin and Binance’s native token, Binance Coin or BNB."

Taken from the article: Altcoin Apocalypse: Only Two of Top Ten Crypto Cap Have Outperformed Bitcoin
Read it by going to: https://www.newsbtc.com/2019/08/12/altcoin-apocalypse-crypto-bitcoin/

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[msap100]

"Central banks worldwide are examining the possibility of issuing a central bank digital currency (CBDC), with some already testing theirs for different uses. Countries that have advanced their digital currency projects include China, Singapore, Canada, the Bahamas, Thailand, Uruguay, and Sweden. India has also included the digital rupee in the country’s draft cryptocurrency bill."

Taken from the article: Central Banks Worldwide Testing Their Own Digital Currencies
Read it by going to: https://news.bitcoin.com/central-banks-testing-digital-currencies/

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[museakira78]

"The hackers behind a sophisticated seven-year Chinese government intelligence operation simultaneously use their talents to hack for personal profit by putting a bull’s-eye on targets in the cryptocurrency and video game industries"

Taken from the article: China’s cyber-spies make money on the side by hacking video games
Read it by going to: http://[Suspicious link removed]/309i1Qe

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[msap100]

"Ever since Facebook unveiled its plan to launch a cryptocurrency, Libra, policymakers around the world have been up in arms. Beyond core concerns of trust, they are worried Libra could be used to launder money, finance terrorism or destabilize central bank fiat currencies.
They're right to be worried. Libra should not move forward until all concerns are fully addressed. But the debate surrounding Libra underscores a larger issue with the lack of clear regulation of cryptocurrencies at large."

Taken from the article: The current state of crypto regulation is hurting US companies
Read it by going to: https://editi[Suspicious link removed]/2019/08/07/perspectives/libra-facebook-cryptocurrency-regulation/index.html

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[museakira78]

Confirmed in a press release on Aug. 19, Rakuten Wallet, which is a subsidiary of Japanese e-commerce giant Rakuten, said spot trading of three cryptocurrencies — Bitcoin (BTC), Ether (ETH) and Bitcoin Cash (BCH) — was now live.
In future, developers plan to release an app for iOS and Android, use of which will be mandatory for deposits and withdrawals.

“Customers who already have a bank account with Rakuten Bank will be able to easily open a Rakuten Wallet account simply by entering the required information on the online application form,” the press release added.

Taken from the article: Japan’s Retail Giant Rakuten Officially Launches Crypto Exchange
Read it by going to: https://cointelegraph.com/news/japans-retail-giant-rakuten-officially-launches-crypto-exchange

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[msap100]

"For those unfamiliar, asset-backed tokens are blockchain-based units of value that are pegged to real-world assets, such as company shares, real estate, diamonds, or commodities. They represent a large subcategory of security tokens and allow users to hold ownership rights over a physical and tangible asset in a digital form. Recently, the US Securities and Exchange Commission (SEC) released a new document that defines digital assets and elaborates on how issuers and investors should treat them. The regulator’s framework is regarded as an analytical tool to determine which digital assets behave as securities and fall under SEC’s radar. When a fully operational legal framework is developed around security tokens, they might slowly but steadily replace many of the traditional trade operations by bringing more automation and transparency."

Taken from the article: What Are Asset-Backed Tokens and Why Do They Matter?
Read it by going to: https://finance.yahoo.com/news/asset-backed-tokens-why-matter-121932321.html?guccounter=1

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