Wednesday, September 4, 2019

Has Your iPhone Been Hacked?

Websites delivered iOS malware to thousands of visitors in the biggest iPhone hack ever.

📌 Crypto Summer Recap, Binance X, and Don't Make These Mistakes

 MUST READS 

VanEck, SolidX to Offer Bitcoin ETF-Like Product to Institutions


Investment firms Van Eck and SolidX, two firms behind a Bitcoin ETF proposal currently before the SEC, have given up waiting on the SEC to authorize their Bitcoin ETF. They are now moving ahead with an alternate solution...
 

Don't Make These Five Common Mistakes


Time for a refresher. Here are 5 common misconceptions about blockchain and cryptocurrencies.

Cheat Sheet:
  1. No such thing as "the" blockchain
     
  2. Blockchains aren't magic
     
  3. Public blockchains need cryptocurrency to work
     
  4. Cryptocurrency is not unregulated
     
  5. Cryptocurrency works like gold, not dollars
     

"Binance X": Binance Launches Platform for Developers


Binance, the world's largest cryptocurrency exchange by trading volumes, has rolled out yet another offering. This time, a platform for developers, called "Binance X," with the ultimate goal of boosting the mass adoption of cryptocurrencies.
 

 SPONSORED 

Collect Your Share of $500 Billion in "Cannabis Checks"


Thanks to a "loophole" in Section 10113 of the Farm Bill... Americans can collect a piece from all pharmaceutical, beverage, and hemp products sold in America. 
 
All you need to do is follow a few simple steps…

 

 DEEP DIVE 

☀️ Summer 2019: What We've Learned


As we enter the Fall Season, Nathaniel Whittmore and a handful of other crypto experts took it upon themselves to recap the previous 3 months on all things crypto...

The answers (along with some helpful discussion) to the following questions are in this mega-informative thread:

1. What did we learn this Summer?

2. Predictions for the Fall?

3. What's one thing we should be talking about more?

...and of course, some BTC price predictions for the end of the year.
 

Bitcoin & Macroeconomic Uncertainty


Is Bitcoin actually an uncorrelated asset?

Galaxy Digital has the answer. They just released a research report looking into the correlation of bitcoin vs. equities, fixed income, commodities, and major news events. Here are their findings...
 

 SPONSORED 

Earn $23,500 in 45 Minutes?


It's not stocks… Not bonds… And not real estate… Yet, for a few lucky readers, this type of simple source of income could send you real, hold-in-your-hand paychecks for the rest of your life.
 

 REGULATORY FRONT 

🇨🇳 First Look: China's Central Bank Digital Currency


Binance Research just published a report overviewing China's Central Bank Digital Currency (CBDC). In the big picture, this seems like China's direct response to Facebook's Libra... and we can expect China to be far more aggressive in regards to distribution and creation.
 

Crypto Banking Regulation Around the World, First Signs of Growth


It's not too surprising that more and more cryptocurrency banks are springing up, offering an alternative to tired legacy systems and allowing room for an emerging asset class.

However, there are still some significant hurdles for these emerging institutions. Here's a closer look.

 

 TWEET OF THE WEEK 

Other Articles You May Enjoy

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September 4, 2019
SECRET WORK: The People’s Bank of China (PBoC) is charging full speed ahead with its digital currency plans, hoping to beat Facebook’s Libra to market. A dedicated team from the central bank’s Digital Currency Research Lab is now developing the system in a closed-door environment, away from the PBoC’s downtown Beijing headquarters, a person close to the bank told CoinDesk. The team has been working in this separate location since early summer so they could fully concentrate on the project, the source said. Full story

MINER RULES? Cryptocurrencies are helping to facilitate human trafficking, and thus should be regulated far more heavily than at present, an expert witness told a U.S. Senate subcommittee yesterday. David Murray, vice president for product development and services at Financial Integrity Network, recommended that Congress create a new class of regulated financial institutions known as “virtual asset transaction validators,” i.e. crypto miners. Regulating miners in this way would be tantamount to prohibiting them from participating on public blockchain networks, said Peter Van Valkenburgh, director of research at Coin Center. Full story

SLEUTH FUNDING: Blockchain forensics firm Elliptic has raised $23 million in a Series B funding round led by Tokyo-based financial institution SBI Holdings. Announced Wednesday, the funding will help drive Elliptic’s Asia expansion, which includes a recently opened Singapore office and another in Japan that will open this week. Tomoyuki Nii, executive officer for overseas investment at SBI Investment, who will be joining Elliptic’s board of directors, told CoinDesk that the Japanese company contributed $10 million to the funding round. Full story
 
REMEMBERING HAL: On Friday, Sept. 6, bitcoiners around the world are vowing to run in memory of the late Hal Finney. Anyone is invited and dozens of the technology’s enthusiasts have already pledged to join. Finney, long touted as one of the first people to see the promise of bitcoin, died in August 2014 after a battle with amyotrophic lateral sclerosis. Team Satoshi, a group who wants people to raise awareness of bitcoin through sport, is throwing the event in Finney’s memory because he loved to run. Full story

LOBBYING HIRE: Blockchain payments tech provider Ripple has hired a former political adviser to boost its advocacy efforts with lawmakers in Washington, D.C. In a tweet reposted by Ripple on Tuesday, the new hire, Ron Hammond, announced that he has joined the firm as its new manager of government relations. Hammond previously served as a legislative assistant for Rep. Warren Davidson, where he led the drafting of the “Token Taxonomy Act” – an attempt to bring in legislation giving cryptocurrencies clearer legal standing in the U.S. Full story
POSITIVE SIGNALS: Bitcoin validated Monday's breakout with a high-volume 2 percent gain on Tuesday. So, the probability of BTC challenging key resistance at $10,956 in the next couple of days has increased. A UTC close above that level would revive the short-term bullish outlook. The case for a rise to $10,956, however, would weaken if prices drop below the hourly chart support at $10,286. Full story

PENSIONS SAVER: When U.S. employees change jobs, the funds saved in their pensions account are very often left behind, according to a Forbes piece that cites a figure of $2 trillion in 401(k) funds that is collectively lost by workers not rolling over their savings. However, blockchain could provide a solution, the author suggests. A blockchain system that tracks retirement accounts could allow employees to keep better tabs on their funds, while a token could be provided to a bank or financial institution to trigger the rollover of the account when they shift jobs.

WHO WON #CRYPTOTWITTER
 

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