UTC-05:00,Sunday , January 20th 2019
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Today ,Sunday,January 20, 2019
  • 04:23 Turkish Crypto Exchange Sistemkoin's Disturbing Security Flaw Reveals Major Withdrawal Complaints

    Turkish crypto exchange Sistemkoin had done $68 million in volume over the 24-hour period at time of writing. However, according to a report from a user and security researcher, there are significant security problems with the exchange. There are two aspects to our anonymous tipster's report. First, anyone with a program called Burpsuite and a Sistemkoin account to compromise the support tickets of other users. Our tipster has spent well over a week trying to notify the exchange of the problem, with no response. The other aspect of the vulnerability is that most of the tickets our source saw were related to problems with withdrawals. This should be cause for concern for obvious reasons.
    Click 'Read More' for details.
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  • 04:01 BTC Remained the Most Mentioned Crypto on Twitter in the Last Hour

    As observed by CoinNess.com, statistics by CoinTrendz.com show BTC, XRP and HOT were the Top 3 most mentioned cryptocurrencies on Twitter in the last hour. The full list is as follows: BTC (64 mentions), XRP (49), HOT (35), ETH (32), APL (17), LTC (16), TRX (15), NEO (15), NPXS (15), and EOS (14).
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  • 03:22 "Wasted-Battery Circulation Management System" Selected as Public Pilot Project in South Korea

    According to the South Korean Central Daily News, the Jeju state government in South Korea announced that it will invest 36.6 billion won in information technology fields such as the construction of big data analysis models. In addition, in the public offering of the public pilot demonstration projects, the "Wasted-Battery Circulation Management System Project" based on blockchain was selected as a blockchain public pilot project.
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  • 03:09 Singapore's Payment Services Act Passed by Congress

    According to Bplus, the Singapore Payment Services Act has been passed by the Congress. Singapore's minister of education, Ong Ye Kung, said on behalf of the Singapore Monetary Authority (MAS) that MAS will consult with relevant industries in the near future and formally introduce the implementation and exemption provisions of The Act. The Payment Service Act will directly affect many cryptocurrency exchanges, wallets and OTC platforms in the Singapore market, and regulate related businesses from both risk control and compliance.
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  • 01:16 BTC Remained the Most Mentioned Crypto on Twitter in the Last Hour

    As observed by CoinNess.com, statistics by CoinTrendz.com show BTC, ETH and XRP were the Top 3 most mentioned cryptocurrencies on Twitter in the last hour. The full list is as follows: BTC (79 mentions), XRP (63), ETH (39), HOT (39), LTC (28), TRX (19), BCH (14), NEO (14), XLM (13), and EOS (13).
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  • 00:07 Crypto Market Sentiment on Jan. 20: Fear Further Alleviated

    Citing statistics from alternative.me, Fear & Greed Index currently reads 35, four units higher than that of yesterday, indicating that the crypto market is less racked by a selling pressure. As per the index, a value of 0 means "Extreme Fear" while a value of 100 represents "Extreme Greed."
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Yesterday ,Saturday,January 19, 2019
  • 23:55 Cardano's Charles Hoskinson: New Revamp Simplifies System and Rids of Redundancies

    During a spontaneous AMA session, Charles Hoskinson, CEO of Input-Output HK and Cardano developer, discussed the recent internal workshop at Berlin to conclude Cardano's Delegation Specification. The coin's Shelly phase is all set to launch in the first quarter of the year.
    Hoskinson cited that Delegation Spec is an incumbent and significant component for the construction of the system and emphasized on the need for a user-friendly and readable spec for security auditing in cryptographic protocols.
    To know more about the current progress of this 11th most valuable crypto, click 'Read More.'
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  • 23:48 Block.one: Four Reasons Why Developers and Enterprises Are Looking at EOSIO

    Block.one recently published an article detailing four reasons why the developers and enterprises are drawn to EOSIO, whose mainnet is merely half a year old but already has at least 260 projects being built on top.
    Four reasons include that it's scalable, fast, virtually free, and green. Click 'Read More' to learn more about the four characteristics.
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  • 23:39 BCH "Is Dead" and BSV Is a "Worthless Shitcoin," Says Bitcoin.org Founder

    In a tweet published on Jan 19, founder of bitcoin.org Cobra referred to Bitcoin Cash as a failure, pointing out that it is a dead project, with no real leadership or purpose. He said that if the project continues like this, in a few years it will have a value of 0% and becomes another one of the altcoins forgotten by the cryptoverse.
    For those who think that "BSV is the real BCH," Cobra also dedicated a few words on January 7th. "Time to sell all my BSV. Worthless shitcoin," tweeted Cobra.
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  • 22:35 Soulja Boy Says Bitcoin's Glory Days Have Passed

    Roughly three months after rapper Soulja Boy paid homage to Bitcoin in his fourth studio album, he is now asserting the cryptocurrency's glory days have passed by.
    The 28-year old rapper said in a recent interview how investing in Bitcoin is now more of a gamble: "you're not going to get the same returns as you would if you had gotten in on it early because it became mainstream and everybody know about Bitcoin now."
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  • 22:14 CoinNess.com Market Surveillance Jan 20: Bitcoin Embarks on Downward Trend

    As of 03:00 (UTC) on Jan 20, Bitcoin (BTC) is outlining a trend pointing south, with its global index marking $3,733.83, up by 1.82% in the past 24 hours.
    The broad market is still on the bullish end of the spectrum, with only 11 out of Top 100 by market cap dropping.
    The global market cap marks $124.48 billion, and the 24-hour trading volume is $16.16 billion.
    Major Coins
    1. BTC quotes show $3,680.80 USDT on Binance, $3,776.80 on Bitfinex and $3,695.52 on Coinbase Pro;
    2. CoinNess.com Market Index presents quotes for major cryptocurrencies besides BTC as following: XRP marks $0.331 (+ 1.33%); ETH marks $124.41 (+ 2.16%); BCH marks $130.19 (+ 1.05%); EOS marks $2.48 (+ 0.41%); LTC marks $32.75 (+ 3.64%); ETC marks $4.44 (+ 0.96%).
    Top 3 Gainers and Losers in Cryptocurrencies
    1. Top 3 gainers among Top 100 cryptocurrencies by market cap: R (+ 24.36%), REP (+ 24.25%), SALT (+ 20.39%);
    2. Top 3 losers among Top 100 cryptocurrencies by market cap: ATP (- 5.22%), OKB (- 0.77%), MONA (- 0.72%).
    Top Gainers and Losers in Categories
    1. Top 3 gainers among 49 categories: Agriculture (+ 23.31%), Advertising Concept (+ 8.43%), Vote Election (+ 7.24%);
    2. Top 3 losers among 49 categories: Decentralized Transactions (- 29.50%), AI (- 9.41%), Supply Chain (- 4.16%).
    Cap Flows of Coins/Exchanges
    1. Top 3 capital inflows within the last 24 hours: OMG (+ $105 mln), BTC (+ $93.12 mln), BTG (+ $91.50 mln);
    2. Top 3 capital outflows within the last 24 hours: ETH (- $71.06 mln), EOS (- $47.84 mln), ETC (- $27.67 mln);
    3. Net inflows/outflows of exchanges: Binance (+ $6.57 mln), Bitfinex (+ $621.50 K), Coinbase Pro (- $3.26 mln).
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  • 21:56 Vitalik Buterin: Constantinople Has NO Impact on Ongoing Ethereum Projects

    Vitalik Buterin reiterated the fact on Twitter that the upcoming Constantinople hard fork precipitates no impact on the steady progress of Casper, sharding, and Serenity.
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  • 21:34 8 Crypto Debit Cards You Can Use Around the World Right Now

    News.Bitcoin.com compiles a list of eight cryptocurrency debit cards available for enthusiasts.
    BitPay and Shift are two providers of such cards in the U.S.; Wirex, Revolut, and Cryptopay are the European counterparts. Fuzex, Crypto.com, and Aximetria have launched new cryptocurrency debits cards in the past few months.
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  • 21:01 Overstock's tZERO Is Approaching 60 Companies

    The tZERO security trading platform is currently talking to 60 different companies. One such company is Elio Motors that might be the next firm to have its token listed on the platform.
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  • 20:12 CoinNess.com DApp Monitor: 12 New DApps Added

    Citing data by DApp Review, as of 00:00 on January 20 (UTC), there are 1,524 ETH DApps, 331 EOS DApps and 163 TRON DApps.
    1. Top 3 ETH DApps by trading volume in the past 24 hours are: FCK (4,099 ETH), CDP Portal (2,130 ETH) and dice2.win (1,842 ETH).
    2. Top 3 EOS DApps by trading volume in the past 24 hours are: BetDice (2.93 mln EOS), Fastwin (1.65 mln EOS) and Poker EOS (1.55 mln EOS).
    3. Top 3 TRON DApps by trading volume in the past 24 hours are: TRONbet (748 mln TRX), ALLBET (38.77 mln TRX) and TronTrade (30.86 mln TRX).
    4. New DApps: ETH DApps (2); EOS DApps (3); TRON DApps (12).
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  • 20:02 Leaders of a Korean Crypto Exchange Imprisoned over Fraudulent Transactions

    Two leaders from the South Korean cryptocurrency exchange Komid were arrested for their roles in fraudulent trading volume reports on their platform.
    According to Blockinpress, the leaders were sentenced to serve jail time for the crime. The Chief Executive Officer [CEO] of the company recognized as Choi received a 3-year sentence, while Park, another leader was sentenced to 2-year sentence for fraud, embezzlement, and misconduct.
    As per the reports, the prosecutors outlined the charges as a scheme wherein the two defendants fabricated 5 million transactions on their platform to cheat the investors into thinking that the volume projected was legitimate which earned them $45 million.
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  • 19:57 Two-Week Bitcoin Baby Now Bags £3000 Worth of Bitcoin for College

    Izabella Bowles becomes the youngest Bitcoin hodler as a age of two weeks thanks to a cleverly worded ad in The Times by her father Peter, CEO at Dynamo PR.
    The ad read, "BITCOIN BABY: On the 6th January 2019 to Wioletta (nee Witek) and Peter, daughter, Izabella Anna Bowles, sister to Philip. Weighed 2.2 kg. Bitcoin College Fund: 1ZAB5XeMdvax2S8eZT7GQ6Nj4xjbsw1Y."
    The parents initiated the fund in order to put their daughter through college, and with 300 people making donations so far ranging from £0.30 to nearly £300 it appears she may be on her way, with a total number nearing £3000, although where Bitcoin goes over the next 18 years is anyone's guess.
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  • 19:33 Lightning Network Co-Creator Is Designing a Scaling Solution Called Utreexo

    A blockchain researcher has been working on a scaling effort for the unspent transaction output set found in the Bitcoin protocol.
    According to recently published description of research by Tadge Dryja, the Lighting Network co-founder is working on a dynamic accumulator called Utreexo. The project could theoretically allow network participants to verify the state of the chain's consensus rules with smaller sets of cryptographic proof.
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  • 19:15 Binance Co-Founder Warns of BTT Token Sale Entrustment

    HE Yi, co-founder of Binance, took it upon herself to send out alerts of potential fraudulent activities regarding the BitTorrent token sale, talk of the town recently.
    She heard about a resurrection of entrustment of BTT token sale and warned whoever intended to participate of potential runaways.
    Binance's token sale platform, Binance Launchpad, will commence the BitTorrent (BTT) token sale at 15:00 (UTC) on Jan 28.
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  • 18:56 Litecoin Foundation UFC Sponsorship Was About Building the Brand, Says Charlie Lee

    Litecoin was in the limelight because of the Litecoin Foundation's massive sponsorship which featured a recent one of a UFC fight occurring in December 2018.
    Charlie Lee explained that the Foundation, in the past, has sponsored several individual athletes but they don't often sponsor an event. He stated that the Foundation took this step because "it just seems like the reach is better."
    He went on to say that this sponsorship, for him, was just about building the Litecoin brand because "everyone's heard of Bitcoin, not many people have heard of Litecoin." Lee also stated that the idea of sponsoring the event was by the community manager, who works for the parent company.
    CoinNess.com Market Index: LTC, $3,729.51, +1.96%.
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  • 17:14 Reddit Bitcoin Community Accused Roger Ver of Running a Bitcoin Cash Scam

    Earlier this week, Roger Ver, the CEO of Bitcoin.com received significant criticism from the Bitcoin community when he tweeted that Bitcoin Cash [BCH] in 2019 is what Bitcoin [BTC] was when it was originally released in 2009. Ver further substantiated his claim by saying that those who are looking to purchase BTC in 2019, are "looking for BCH, the peer to peer electronic cash system." He also included the original whitepaper highlighting the peer-to-peer system, which he believes BCH currently holds. Needless to say, proponents of the Bitcoin community were not happy with this comparison, and in one of the posts in the r/Bitcoin subreddit, which has over a million subscribers, he was accused of borderline scamming inexperienced investors. Several displeased investors are accusing Bitcoin Cash of trying to increase adoption by leaching off the fame of Bitcoin proper. Some have even said that this comparison is yet another ploy by Roger Ver to increase awareness about Bitcoin Cash.
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  • 17:09 Chile to Start Taxing Cryptocurrency Earnings in Second Quarter of 2019

    Chile is to start taxing cryptocurrencies in April when taxpayers pay their yearly income taxes, but it's unclear at what rate. According to local media reports, the country's revenue authority has included crypto assets in the Annual Income Tax Returns form, which will be declared as "other own income and third-party income from companies that declare their effective income."
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  • 17:02 Bitcoin's Lightning Network Sets Up for a Major 2019 Rollout While Current Capacity Crosses 540 BTC

    Lightning Network (LN) has been gaining a lot of traction lately and looks like 2019 is going to be the year that will see major improvements to this network. The goal is to make Bitcoin and blockchain transactions instant and scalable. Since the second half of 2018, Lightning Network has seen a lot of development and growth. According to the data provided by 1ML, the capacity has reached 542.66 BTC that amounts to over 2 billion at its current price.
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  • 16:57 Bitcoin's Lightning Network Sets Up for a Major 2019 Rollout While Current Capacity Crosses 540 BTC

    Lightning Network (LN) has been gaining a lot of traction lately and looks like 2019 is going to be the year that will see major improvements to this network. The goal is to make bitcoin and blockchain transactions instant and scalable. Since the second half of 2018, Lightning Network has been seeing a lot of development and growth. According to the data provided by 1ML, the capacity has reached 542.66 BTC that amounts to over 2 billion at its current price.
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  • 14:23 BTC Remained the Most Mentioned Crypto on Twitter in the Last Hour

    As observed by CoinNess.com, statistics by CoinTrendz.com show BTC, ETH and XRP were the Top 3 most mentioned cryptocurrencies on Twitter in the last hour. The full list is as follows: BTC (117 mentions), ETH (49), XRP (39), TRX (34), LTC (29), BCH (25), EOS (23), NEO (21), XLM (20), and APL (18).
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  • 13:52 CoinNess.com Market Surveillance Jan 19: Bitcoin Dropped Below $3700

    As of 18:00 (UTC) on Jan 19, Bitcoin (BTC) is fluctuating below the $3,700 level, with its global average price marking $3686.73, up by 1.5% in the past 24 hours.
    The broad market is experiencing an uptrend, with now 5 out of Top 100 by market cap dropping.
    The global market cap marks $124.71 billion, and the 24-hour trading volume is $16.67 billion.
    Major Coins
    1. BTC quotes show $3,674.03 USDT on Binance, $3,770.6 on Bitfinex and $3,690 on Coinbase Pro;
    2. CoinNess.com Market Index presents quotes for major cryptocurrencies besides BTC as following: ETH marks $125.70 (+2.47%); XRP marks $0.3268 (+2%); BCH marks $123.01 (+2.6%); EOS marks $2.46 (+2.5%); LTC marks $32.23 (+5.1%); ETC marks $4.43 (+3.7%).
    Top 3 Gainers and Losers in Cryptocurrencies
    1. Top 3 gainers among Top 100 cryptocurrencies by market cap: APL (+56.28%), PAY (+24.21%), HOT(+19.76%);
    2. Top 3 losers among Top 100 cryptocurrencies by market cap: INB (-1.03%), NEXO (-0.93%), HC (-0.76%).
    Top Gainers and Losers in Categories
    1. Top 3 gainers among 49 categories: Decentralized Transactions (+10.2%), Notarization (+9.26%), Data Economy (+8.76%);
    2. Top 2 losers among 49 categories: Patent Copyright (-0.37%), Stable Coin (-0.21%).
    Cap Flows of Coins/Exchanges
    1. Top 3 capital inflows within the last 24 hours: DASH (+$191.9 mln), BTG (+$124.42 mln), BTC (+$115.51 mln);
    2. Top 3 capital outflows within the last 24 hours: EOS (-$41.12 mln), ETC (-$23.92 mln), PAX (-$17.64 mln);
    3. Net inflows/outflows of exchanges: Binance (+$6.87 mln), Bitfinex (+$5.19 mln), Coinbase Pro (-$5.49 mln).
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  • 12:48 Saudi-Emirati Powerhouse Announces 7 Joint Initiatives in Vital Sectors

    The seven announced initiatives are Saudi-Emirati Pilot cryptocurrency The first of its kind joint pilot cryptocurrency was launched during the meeting. The cross-border digital currency will be strictly targeted for banks at an experimental phase with the aim of better understanding the implications of Blockchain technology and facilitating cross-border payments. The virtual currency relies on the use of a distributed database between the central banks and the participating banks from both sides. It seeks to safeguard customer interests, set technology standards and assess cybersecurity risks. The project will also determine the impact of a central currency on monetary policies.
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  • 11:56 CoinNess.com Weekly News Roundup, Jan 14-19: The Malta Gaming Authority (MGA) Implements Phase 1 of Crypto and DLT Regulatory Sandbox

    1.[Policy]1. The Malta gaming authority (MGA) implements Phase 1 of crypto and DLT regulatory sandbox; 2. Bank of England governor acknowledges digital currencies but says they are still a way off, 3. FSA issued measures to improve review transparency of virtual currency exchange registration; 4. Wyoming passes two new blockchain and crypto-related bills; 5. Bakkt and Bitcoin ETF fail to get green light amid US government shutdown;
    [Cryptocurrency]1. Euro Exim Bank will start using XRP in cross-border payments before the end of Q1 2019; 2. Chinese cybersecurity company discovered a chain named "Ethereum Classic Vision" that counterfeits Ethereum (ETH) hard fork; 3. Steemit banned The Dark Overlord, a hacker group who says they have damning evidence and 9/11 papers; 4. NanoPool has mined Ethereum block 7080000 on Jan 17;
    [Exchange] 1. ETC 51% attacker has returned $100,000 worth of ETC to gate.io; 2. HSBC is engaging with BNM to push Blockchain Trade Finance Platform; 3. The cumulative trading volume of Huobi DM Contract has broken through $20 billion; 4. Genesis Global Trading has recently reported a 50 percent year-over-year increase in its trading volume.
    [Others]Bitmain Technologies is shelving its plans to create a mega Bitcoin mining facility in Rockdale, Texas; 2. Investors poured £200 mln ($256 mln) into UK cryptocurrency startups in 2018, according to data by Pitchbook and London & Partners; 3. Cybersecurity companies Slowmist and Shieldpeck have signed alerts to multiple attacks.
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  • 11:01 Cobra: Bitcoin Cash Is Dead, Will Be Worthless in a Few Years

    Cobra, a pseudonym for the infamous co-founder of Bitcoin.org and Bitcointalk.org, has stated that BCH is worthless.
    His tweet stated: "Bitcoin Cash is dead. Needs new leadership and direction/purpose otherwise it'll be worth $0 in a few years."
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