Thursday, August 30, 2018

BTC.com / Dfinity / Google Play / Tron

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Here are today's ten most important Bitcoin stories, efficiently ranked & summarized by smart humans, not algorithms:

$BTC (1:21 p.m. EST): $6,881.24 (-1.84%) // 90-day high: $8,362.59 // 90-day low: $5,755.25/ / More

$BCH (1:22 p.m. EST): $530.82 (-3.95%) // 90-day high: $1,663.91// 90-day low: $513.11 // More

$ETH (1:22 p.m. EST): $278.68 (-3.54%) // 90-day high: $790.72 // 90-day low: $242.75 // More

$LTC (1:23 p.m. EST): $59.61 (-2.95%) // 90-day high: $162.87 // 90-day low: $52.78 // More

$XRP (1:23 p.m. EST): $0.32 (-4.35%) // 90-day high: $0.86 // 90-day low: $0.22 // More

Here are the 10 most important stories about bitcoin and cryptocurrencies today

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1. BTC.com, a subsidiary of Bitmain, has released a client specifically built to mine ethereum. "We expect mining operations to grow to 12 [percent] of ETH total hashrate in the next 12 months." said Zhuang Zhong, director of BTC.com's mining pool. Company officials said the proposed transition from a Proof-of-Work algorithm to a Proof-of-Stake consensus style would not deter it from mining ethereum, if the Casper protocol gets implemented. –THE NEXT WEB

BTC.com releases client built to mine ethereum
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2. Dfinity, a blockchain-related startup, raised $102 million in funding. The company wants to create what it calls a "world computer" using a decentralized cloud computing network that could displace the current giants in cloud services. Andreessen Horowitz led the round, which includes investments from Polychain Capital, SV Angel, Village Global and Aspect Ventures. -CNBC

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3. Cryptocurrency mining apps continue to appear in the Google Play Store despite a ban created last month. Google revised its terms of service to say it does not allow apps that mine cryptocurrency on devices. The company would allow apps that mine coins remotely. Despite this change, though, apps such as Bitcoin Mining, BTC Miner Pool, and Pickaxe Miner, can still be downloaded despite not altering their offerings to comply with Google's updated policy. -CCN

Mining apps still in Google Play store despite ban
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4. The Origin Protocol has rolled out a peer-to-peer messaging application built on ethereum. The project is building a decentralized marketplace and the messaging app will serve as an encrypted communication channel between buyers and sellers. The technology will use a users' ethereum address as a public identification for sending and receiving text message. The content itself is encrypted through the users' private keys. -COINDESK

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5. The price of tron has gone up by more than 10 percent in the past two weeks. The jump has corresponded with news that the team behind tron will begin working with SesameSeed to create a new payment platform, Seedit. As the company explains, Seedit would work as a p2p platform that allows users to send tokens to content creators. –ETHEREUM WORLD NEWS

Tron prises rises alongside payment app interest
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6. Approximately 8 percent of American adults own cryptocurrency. The results come from a Harris Insights poll released earlier this month. The survey revealed that 41 percent of people have a negative image of cryptocurrency. The biggest reason remains price volatility, seconded by security concerns. –ETHEREUM WORLD NEWS

7. California continues to work on legislation to create a blockchain working group. The bill, introduced earlier this year, was recently modified.. –COINDESK

8. A dark web hacker sold the data of 130 million people for eight bitcoin. The data was gathered from a security breach of the Huazhu Hotels Group in China. –ETHEREUM WORLD NEWS

9. Businesses want people who know blockchain. Here is how learning about the technology can help a career. –ENTREPRENEUR

10. A look at how commingling and rehypothecation affect bitcoin. Financial firms use these tools to boost profits and now they may be used more in crypto. –INVESTOPEDIA

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From the Forums

High expectations for the next ethereum upgrade.

Charlie Lee recommends buying.

Buying dinner with bitcoin cash.

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Written and curated by David Stegon. He has been a reporter for 15 years, the past 10 focused on technology. Follow him @davidstegon.

Editing team: Lon Harris (editor-in-chief at Inside.com, game-master at Screen Junkies), Krystle Vermes (Breaking news editor at Inside, B2B marketing news reporter, host of the "All Day Paranormal" podcast), and Susmita Baral (editor at Inside, recent bylines in NatGeo, Teen Vogue, and Quartz. Runs the biggest mac and cheese account on Instagram).

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