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Altcoin


New code is set to be released that would make obsolete the mining hardware designed by chip maker Bitmain for the decentralized storage protocol siacoin. Revealed in an email obtained by CoinDesk, Obelisk, a startup that aims to offer alternative mining equipment for the protocol, has proposed code would give those running the software the …

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XRP, the world’s third-largest cryptocurrency by market capitalization, fell to its lowest price of 2018 on Tuesday. At 00:01 UTC, just after Monday’s close, the cryptocurrency dropped to $0.27 cents for the first time since December 12, 2017, according to CoinDesk price data. XRP was last seen trading at $0.2705, marking roughly a 2.95 percent decline since …

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More than 170,000 devices in Brazil were targeted in a cryptojacking attack last month. According to a blog post published by security firm Trustwave, a wide-scale cyberattack was launched on MicroTik routers late last month. The effort led to the installation of the Coinhive mining software in a “mass” infection of more than 17,000 devices. Trustwave security researcher …

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The price of XRP, the world’s third-largest cryptocurrency by market capitalization, fell to a new 2018 low on Wednesday. Data from Bitfinex shows the cryptocurrency dropped to $0.35 – seven cents from the previous yearly low of $0.42 in July. Indeed the current price stands at its lowest level since December 12, 2017, days before …

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A member of the Ukraine Central Election Commission is investigating the use of blockchain in elections. Oleksandr Stelmakh, working for Ukraine’s Central Election Commission, commented on the ongoing trial Tuesday by way of Facebook. The trial run began back in July when Stelmakh encouraged his friends on Facebook to participate in a “test vote” that had …

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Tokens on the blockchain protocol neo may be indivisible – but it’s becoming apparent that its community is not. Perhaps ironically, it’s the very notion of indivisibility that has proved contentious to the coin’s investors and users in recent weeks. More specifically, a Github proposal to change the structure of the NEO token – one …

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Cryptocurrency payments startup Ripple is partnering with Madonna to raise funds for orphans in the African nation of Malawi. The legendary pop icon announced the fundraiser Monday as a way to celebrate her 60th birthday, saying all donations would go to Raising Malawi, a non-profit organization she co-founded with American screenwriter Michael Berg in 2006, to support its …

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Former U.S. President Bill Clinton will headline Ripple’s Swell conference later this year, the cryptocurrency payments startup announced Tuesday. The 42nd President of the United States will both give a keynote address and participate in a question-and-answer session, Ripple said in a press release. The conference will take place in San Francisco over the first …

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Cryptocurrency services firm AlphaPoint is powering a new decentralized exchange, the company announced Monday. DCEX, a San Francisco-based marketplace, formally opened registration for its platform, though clients will not be able to begin trading for a few more weeks. The exchange notably uses XRP as its “base currency,” meaning many of its trading pairs are …

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HTC’s new blockchain-compatible smartphone will support litecoin, creator Charlie Lee said Sunday. Lee announced the news Sunday, adding that he was joining the development team of the HTC Exodus as an advisor. The news comes days after Lee claimed he met with the Exodus’ team last week. Lee further confirmed that the Exodus will support the …

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If any coin is going to fly under the radar, it makes sense for a privacy coin to do so. Spectre (not be confused with a separate project called SPECTRE), created two crypto tokens – the aptly named spectre token and the xspec token – in 2016, but hasn’t received much notice from the crypto community …

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What if ethereum looked more like monero? Fusing the privacy features of the latter into ethereum would make many of the platform’s stakeholders, including developers who have been working on privacy-enhancing features for some time, excited. But privacy techniques are rarely utilized because of the serious trade-offs presented – such as larger storage requirements and …

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Payments startup Ripple reported a sharp decline in XRP sales in the second quarter of 2018, when compared to the first three months of the year. The Q2 2018 XRP Markets Report, published Tuesday, explains that the company sold $75.53 million in XRP, compared to the previous quarter’s $167.7 million – marking a decrease of 54.96 …

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What constitutes an election? According those backing ethereum competitor neo, just one candidate and two voters. The public blockchain project, whose tokens are valued at over $2 billion by crypto investors, went so far as to claim in a July 4 blog post that it had entered a “new era” in which its token holders …

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Litecoin creator Charlie Lee could be made a board member at the German bank the Litecoin Foundation – the group in which he serves as managing director – recently obtained a stake in. The deal for a 9.9 percent stake in WEG Bank AG resulted through a partnership with the crypto startup TokenPay, as previously …

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It was news that was perhaps too strange for crypto’s typically divided reactions. First revealed Wednesday, the Litecoin Foundation, the non-profit that develops the software that powers the sixth-largest cryptocurrency, bought a stake in a very real, non-crypto bank. The move was met with applause and skepticism, but also a stunned sense of disbelief from nearly all …

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Cryptocurrency exchange OKCoin has launched a branch in the U.S. market offering trading services between U.S. dollars and several major cryptocurrencies. According to OKCoin’s website on Friday, the exchange has already launched the new offering and is now accepting U.S. dollars deposits and withdrawals, as well as trading against bitcoin, bitcoin cash, litecoin, ethereum and ethereum …

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Cryptocurrency exchange OKCoin has launched a branch in the U.S. market to offer trading services between U.S. dollars and several major cryptocurrencies. According to OKCoin’s website on Friday, the exchange already started the new offering with support of U.S. dollars deposit and withdrawal as well as trading against bitcoin, bitcoin cash, litecoin, ethereum and ethereum classic. …

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One of the most unusual and potentially transformative deals in the cryptocurrency space started as an argument on social media. Back in April, Charlie Lee, the creator of litecoin, was exchanging barbs on Twitter with Derek Capo, the CEO of payment processor TokenPay. But their fight quickly turned into a friendly exchange of direct messages, …

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Ripple has a new senior vice president of business and corporate development. The San Francisco-based distributed ledger startup announced Wednesday the hire of Kahina Van Dyke, who most recently served as Facebook’s global director of financial services and payments partnerships. According to LinkedIn, Van Dyke is also a board director for Progressive Insurance and has …

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