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Litecoin halved

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August 5, 2019 NEW RECORD: The total computing power now dedicated to securing the bitcoin blockchain has set yet another record. According to data from mining services operator BTC.com, the average bitcoin mining hash rate over the last two weeks has reached 71.43 quintillion hashes per second (EH/s), up from 64.49EH/s on July 23. The threshold was breached as bitcoin adjusted its mining difficulty at block height 586,672 on Monday 2:52 UTC – that is a 6.94EH/s, or 10.78 percent jump since mid July. Full story REDUCED REWARDS: Litecoin (LTC), now the fourth-largest cryptocurrency by market capitalization, has just reduced its block reward for miners by half. The litecoin blockchain reached the trigger block height of 1,680,000 at 10:16 UTC on Monday, according to the litecoin explorer from mining pool operator BTC.com. Occuring every 840,000 blocks (roughly every four years), this anti-inflationary “halving” event reduced the reward from the previous 25 LTC to 12.5 LTC. Full story TOKEN PUMPER: Alexey Andryunin, a 20-year old college student from Moscow, became a sensation after he opened up to CoinDesk how his company was helping little-known token projects get traction via inflated trading volumes. In a new video interview, he further explains the business of market manipulation and explained why he believes the current market rules make manipulation inevitable. Full story BARRED DOMAINS: Crypto companies may be banned from hosting .bank and .insurance domain extensions. fTLD Registry Services, a domain name system (DNS) registry, announced it is looking to restrict the DNS extensions from generic banking “service providers.” The proposal comes amid an alleged uptick in applications for .bank domain names by crypto firms, it said. Originally, the .bank domain was reserved for government-regulated retail banks, savings associations, national banks, or bank holding companies. Full story BIG NAMES: IBM has launched a new blockchain project called Trust Your Supplier (TYS), with big name firms Anheuser-Busch InBev, GlaxoSmithKline, Lenovo, Nokia, Schneider Electric and Vodafone already on board. Announced Monday, TYS joins IBM’s successful stable of track-and-trace supply chain and logistics blockchain consortia, which include Food Trust and TradeLens. TYS is focused on supplier onboarding, an umbrella term relating to a wide and varied assortment of supplier information like ISO certifications, bank account data, tax certifications, certificates of insurance and other supplier data required for exchanging purchase orders and invoices. Full story DOMINANCE RATE: Bitcoin is looking north, having broken out of a bearish price pattern with a move above $11,120 early this morning. The move is backed by a surge in the dominance rate to the highest level in over two years and bullish technical indicators. As a result, the next resistance line at $12,000 could come into play in the next few hours. The bullish case would weaken if prices fall back below $11,120, although that looks unlikely. Full story​ BUYERS' BAN: Apple’s new credit card won’t let users purchase cryptocurrencies, according to its customer agreement. The Verge reported Friday that the agreement, posted to Goldman Sachs’ website, also prohibits customers from purchasing casino chips and lottery tickets. However, the ban might not be all that unusual – many credit cards prohibit the purchase of cash equivalents, while some states have made it illegal to use credit cards to buy casino chips or lottery tickets.  WHO WON #CRYPTOTWITTER Copyright © 2019 CoinDesk, All rights reserved.  Our mailing address is:  250 Park Avenue South New York, NY, 10003, US  Want to change how you receive these emails? You can update your preferences or unsubscribe from this list

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How YOU Could Get Funded Up to $250,000 ASAP

Dear trader,  I'm looking to make 100 traders a lot of money...  Want to be one of them? I'm going to prove to you RIGHT NOW that you could potentially build a LARGE PORTFOLIO and NEVER LOSE MONEY from a trade ever again...  Sounds impossible, right? Here's how it works...  Every day, I turn traders like yourself into professional part-time "funded traders." I know my stuff and I will quickly train you to trade much better than you are now... Once you've gone through our training and proved you've learned the materials , I'll give you a chunk of our money to trade with...  When you lose a trade, you won't lose a single penny, we cover all the losses... When you win a trade… you keep up to 85% of the profit.  Yes, we take a small cut, but here's why you REALLY want to do this... If you make a 10% gain right now with a $2,000 account, that's a hypothetical $200 profit for you... But if you make that same 10% gain with OUR $250,000, that's a hypothetical $21,250 profit for you...  Would you rather bank $200 or $21,250? That's practically like turning a small $200 profit into a new car! Powerful stuff, right?  It's simple math. Yes, this was a hypothetical example, but we DO fund our members up to $250,000, while they risk $0 of their own money, and many of them really do make strong gains and sometimes massive gains...  Does that sound good to you? If you like money, then it should! Best of all is, you will continue to trade on your own time, from wherever you want, and all you need is a few hours per week to do it!  So, if you're ready to boost your trading profit potential, then sign up for my next available Free "Funded Trader" Starter Session right now.    Join My Free "Funded Trader" Starter Session and Learn How to Possibly Earn Over $2,000 A Week! In this free session, you'll learn:  How YOU Could Get Funded Up to $250,000 ASAP The REAL reason why 95% of amateur traders LOSE MONEY! 3 Tricks that pro traders use to make consistent profits How you can get FREE top-of-the-line operating systems, software, tools, and support to aid your trading... How you could potentially achieve 100:1 Margins on trades Our systematic plan to helping people with little or even no trading experience potentially Earn over $2,000 a Week! We can only allow a certain number of traders in at a time due to limited capital, so we reserve the right to restrict the number to 100 signups.  Don't delay, be 1 of the 100 lucky traders to sign up first and learn how to trade my money to dramatically boost your profit potential.  I can't wait for you to get started!  Regards and Happy Trading, Nate Allred Head Training Advisor, Apiary Fund  P.S. If you ever thought there was something keeping you from making better trades, there is... You'll learn all of my trading tricks here.  P.P.S. If you ever thought you couldn't make a lot of money because you didn't have enough to start with, you're right... It's the old adage, "It takes money to make money." Go ahead and click here and learn how you can get funded and boost your trading profits.    Twitter Medium Archive | Sponsor CoinSnacks | 5500 Military Trail Suite 22-250 | Jupiter, Florida | 33458 Unsubscribe | View in Browser

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Bitcoin nears $12,000 / Litecoin halves rewards / Crypto "sextortion" scams

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Presented by Subscribe | View in browser Hi everyone and happy Monday, It's the beginning of the month, so that means one thing: it's Jargon Watch time! The next Jargon Watch is on Wednesday 7th August. If there's any term within the crypto space that you've heard of, but aren't too sure what it means, send me an email and I'll add it to the next Jargon Watch post to help clear up any confusion.       Market Watch: Bitcoin is once again showing that it can keep people on their toes after jumping in value by nearly nine percent in a 24-hour period. Litecoin is also pushing the boat out and is back within the $100 mark following its reward halvening. Bitcoin: $11,893 (⬆️ 8.78%) // $212.4 billion market cap. Ethereum: $235 (⬆️ 6.44%) // $25.4 billion market cap. XRP: $0.327 (⬆️ 2.12%) // $14 billion market cap. Litecoin: $100 (⬆️ 7.00%) // $6.3 billion market cap. Top 100 Winner: ABBC Coin: $0.264 (⬆️ 95.83%) // $146 million market cap. Top 100 Loser: NEXT: $1.31 (⬇️ 9.27%) // $66 million market cap. Prices are as of 13:25 p.m. EDT.       1. Bitcoin is within touching distance of $12,000 amid trade war tensions. At the time of publishing, the number one crypto asset has seen a near 10 percent rise in 24 hours, rising to $11,744. The increase comes after the Chinese yuan dropped seven per dollar as well as escalating trade tensions between the U.S. and China. Further tensions come after U.S. President Donald Trump proposed adding 10 percent tariffs on an additional $300 billion in Chinese imports from the beginning of September. –BLOOMBERG       2. Litecoin has halved its mining rewards as it hits the $100 mark. According to mining pool operator BTC.com, the fourth-largest crypto asset saw rewards drop from 25 Litecoin to 12.5 Litecoin. Similar to how Bitcoin works, the halvening event takes place every 840,000 blocks or roughly around every four years. Since the beginning of the year, Litecoin has risen from $30 to a high of around $140 in June. –COIN DESK       A MESSAGE FROM LEMONADE Lemonade is redefining insurance for urban dwellers, taking a flat fee and giving unclaimed funds to charity. Lemonade is an insurance company that breaks the mold and redefines the home and renters insurance model, using technology for total transparency. Policies start as low as $5. 3. A new report has found that "sextortion" scams earned criminals $1.2 million in Bitcoin over the past 12 months. The report, by cybersecurity company Symantec, discovered that scammers threatened to send victims photos or videos of themselves allegedly looking at pornography websites through hacked web cameras. However, the only way to get around this was to send the scammer the requested amount in Bitcoin (usually around $708) to ensure that the so-called footage wasn't shared with friends and family. –COINTELEGRAPH       4. Iran has cleared up its position on crypto mining, and now says that it's a legitimate industry; however, a bill ratified by the Iranian Cabinet over the weekend says that it doesn't recognize crypto trading as lawful. Cryptocurrencies also won't be considered legal tender by the Central Bank of Iran, while mining will only be permitted inside of Iran after certain conditions have been met, one of which is that mining is done within a 30-mile radius of all local centers. –AL JAZEERA       A MESSAGE FROM AUDIBLE We invite you to try Audible FREE. Find your perfect listen by continuing below ⬇️ Listening makes us smarter, more connected people. It makes us better partners, parents, and leaders. And there's no better place to start listening than Audible. Sign up at audible.com/insidenews for your 30-day Audible free trial and get your first audiobook plus two audible originals for free.   5. Crypto bull Mike Novogratz has said that the Bitcoin rally "could have real legs" amid instability in Hong Kong and trade tensions between the U.S. and China. In a tweet posted today, Novogratz didn't say how far Bitcoin could go, but he has previously indicated that the currency has the potential to rise to $20,000 again by the end of 2019. –COINTELEGRAPH       6. The People's Bank of China (PBoC) is expected to ramp up its efforts toward the development of its cryptocurrency in the coming months. Other things China's central bank is keen to work on include improving its fintech services to meet new challenges. The PBoC's renewed interest in developing its own cryptocurrency follows the announcement of Facebook's proposed Libra coin. –TOKEN POST       7. Peter Schiff, an American stock broker and Bitcoin critic, has argued that recent events relating to China's economy doesn't mean fresh interest is being turned to Bitcoin. In a tweet, he added that CNBC was "devoting" more airtime to Bitcoin than gold and was tricking its audience into purchasing the asset. –COINTELEGRAPH       8. Cisco, IBM, Nokia, and Vodafone are a few of the companies that have teamed up to create a blockchain network aimed at improving supply chain management. The network, Trust Your Supplier, hopes to reduce time-consuming processes as well as help to cut errors and fraud in supply chains. –REUTERS       9. Volvo Cars have used the blockchain to map the use of recycled cobalt in a set of cars. It is also using the technology to monitor the use of the mineral from the Democratic Republic of Congo. The move comes at a time when vehicle makers are facing pressure from customers to ensure they aren't using conflict materials or relying on child labor. –THE BUSINESS TIMES       10. Acting Secretary-General of the Thai Anti-Money Laundering Office (AMLO), Pol Maj Gen Preecha Charoensahayanon, has said that the Thai government will amend existing anti-money laundering (AML) laws to regulate cryptocurrencies. The aim is to prevent the assets from being used for illegal purposes in the future. –THE BANGKOK POST       This newsletter was written and curated by Rebecca Campbell. She has been writing and reporting on various industries for the past 10 years, more specifically tech in the last three. Connect with her on Twitter. Editor: David Stegon (senior editor at Inside, whose reporting experience includes cryptocurrency and technology).       Ad Start listening with a 30-day Audible trial and your first audiobook plus two Audible Originals are free. Visit audible.com/insidenews

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