Altcoin Magazine’s Weekly Recap 25.02.2019–03.03.2019
Here are some of Altcoin Magazine’s TOP Cryptocurrency News, Technical Analysis, and Articles of the week:
Monday — February 25, 2019
Fidelity Digital, the crypto active asset division of Fidelity Investments, was the first traditional financial institution to participate in the Lightning Torch initiative.
The company Mercury FX, engaged in international currency transfers, has announced plans to open ten new payment channels that will use the Ripple’s xRapid solution.
On Saturday, the first cryptocurrency broke through the psychological mark of $4,000 and seemed to be beginning its long-awaited growth — the weighted average rate at CoinMarketCap reached $4207.
According to experts, the update of the Ethereum network will take place at block 7,280,000, approximately on February 28.
How I was able to install the latest stable version of web3 on my windows machine
It was late 2017. Bitcoin was all over the news. Everyone was talking about it. Everyone was trying to get in on the frenzy.
Tuesday — February 26, 2019
After the price of Bitcoin and the prices of most Altcoins started with a heavy correction to the new week, that image picked up during the day. Also here and there, there was some recovery but the prices give a varying picture at the moment.
While the sharp fluctuations of the Bitcoin rate, which we witnessed last week, for some turn into massive liquidations, others use it in order to build up their already impressive wealth.
An anonymous hacker managed to transfer 2.09 million EOS ($7.7 million) from a hacked account. Presumably, this was a consequence of the mistake made by the new manufacturer of EOS units.
Altcoin News: Coinbase Again Risks Being at the Center of the Insider Trading Scandal, Now with Listing XRP on Coinbase Pro
Coinbase this Monday announced that it has added support for XRP cryptocurrency on its full-featured trading platform, Coinbase Pro.
The right and wrong of going off the power grid is a hot topic of political and social debate in Australia right now.
‘Your TV is watching you. And making money off you. And you don’t care?
Samsung will market the Galaxy S10 a blockchain-friendly smartphone. To explain, the S10 will offer “blockchain-enabled mobile services” and cryptocurrency key storage, Cryptoslate claims.
Wednesday — February 27, 2019
Cryptopia cryptocurrency exchange lost about 10% of all its funds due to hacking in January. They now reporting on Twitter.
Center for Information and Industry Development of China (CCID) has released the tenth rating of cryptocurrency. Tron made his debut at the top of the list, and Bitcoin slightly improved its position.
The user of the Bitcointalk forum under the nickname warith (Warith Al Mawali) claims that he lost $60,000 — $70,000 due to the vulnerability of the popular cryptocurrency wallet Coinomi.
Venture and technology company CoVenture presented the results of astudy indicating that many large cryptocurrency exchanges can participate in the manipulation of trading volumes, at least indirectly.
Facebook CEO Mark Zuckerberg plans to introduce the blockchain into the process of recognizing users of web services without intermediaries.
Most people who have heard about Bitcoin and other cryptocurrencies associate them with anything but humanitarian relief, yet, that is exactly what it may be enabling for one of the world’s worst current basket cases, the formerly richest country in Latin America, Venezuela.
Digital payments ecosystem and potential equalizer for the 1.7 billion people without access to a bank account, Electroneum, recently announced the rollout of a USD $80 Android smartphone which rewards users in cryptocurrency (specifically, Electroneum’s native token ‘ETN’).
Thursday — February 28, 2019
Altcoin Analysis: Green Rate in February: Bitcoin Finishing Positively for the First Time in Six Months
Today is the last day of February, and for Bitcoin, there is another glimmer of hope on the horizon. The price of Bitcoin is positive for the first time in six months (at the end of the month). The price of Bitcoin started at $3,360 on Bitstamp in February. At the time of writing, Bitcoin stands at $3,800, almost $450 more.
Altcoin News: Square Payment Platform, Founded by Twitter CEO Jack Dorsey, Sold Bitcoins in Excess of $166 Million in 2018
The Square payment platform, founded by Twitter CEO Jack Dorsey, sold Bitcoins in excess of $166 million in 2018, evidenced by the company ‘sfinancial statements prepared for the United States Securities and Exchange Commission (SEC) and presented on Wednesday.
According to eToro, a brokerage company ad, the XRP coin became the has become the most traded digital asset (by unique open trades) on the platform in January 2019.
Launched this month, a crypto-brokerage platform Voyager will acquire the developer of the wallet service Ethos.io for $4 million, writesCoinDesk.
Contemporary Monetarism Vs Old Monetarism. A new economic thinking has been started: The Cryptocurrency Monetary School
Commercial Banks are now beginning to legitimize cryptocurrencies, and strategically they are moving their business models to possible new digital virtual coins to reach a future ‘centralized’ position in the Banking industry.
Despite the Bear market, governments around the world have not been deterred, but instead have taken keen steps towards studying, implementing and regulating Cryptocurrencies — Few national governments have begun test piloting and experimenting with this nascent technology.
Friday — March 1, 2019
Altcoin News: Kraken Offers $100k for Help in Locating the Missing QuadrigaCX Assets
Kraken cryptocurrency exchange offers a reward of up to $100,000 to anyone who can solve the mystery of the QuadrigaCX.
Altcoin News: Constantinople and St. Petersburg Updates Were Successfully Activated on the Ethereum Network
February 28 at 18:57 UTC time, on the block 7,280,000 in the Ethereum network, the update Constantinople was successfully activated.
Lawmakers in the US state of California submitted a bill proposing to allow companies producing and selling marijuana to pay taxes using stable coins.
According to anonymous insider information, The New York Times reports that the largest social network has already prepared the launch of its own cryptocurrency and is already in talks with the exchanges for listing.
Saturday— March 2, 2019
Placeholder venture company partner Chris Burniske expressed the opinion that a very small number of tokens — no more than 50 — has a use in real life.
Seven global oil companies, including the American giants ExxonMobil and Chevron, have teamed up to create a blockchain consortium.
Bittrex Cryptocurrency Exchange held a $1.5 million round of start-up financing for the South African VALR cryptocurrency platform.
The blockchain development team of JPMorgan Chase is testing the AZTEC protocol, created on the basis of evidence with zero disclosure (ZKP), CoinDesk reported.
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