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RightBTC adds new savings account service; lists DASH
RightBTC adds new savings account service; lists DASH
RightBTC adds new savings account service; lists DASH – CryptoNinjas
RightBTC, a bitcoin/crypto exchange company, has announced the launch of a savings accounts service. Interest calculation commences after assets have been transferred into the savings account.
Based on the annual rate of each coin, the interest earned will be calculated and distributed automatically to the savings…
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New Trend Emerges for Bitcoin Price; All Eyes on the Retrace After Rejection/ bitcoin exchange,Cryptocurrency exchange,FX Margin bitflyer,CoinMarketCap,poloniex,bitfinex
Bitseven.com - Bitcoin (BTC) has finally reversed from its uptrend, after a long period of gains within an ascending triangle. Yesterday the leading crypto was rejected, after a false breakout at the $5,350 area. The move invalidated the ascending triangle, a bullish pattern, and has left nowhere to go but down. This failed breakout of the triangle is by no means surprising, as Bitcoin was consistently overbought on the indicators. And after such a fantastic runup, a correction should be welcomed as healthy, and needed to build support is there is to be another leg higher into $6k territory. The critical level to watch now is $5,000-4,900. Two indicators define this first level of defense for the retrace: The 4-hour 55 exponential moving average (EMA), and the 0.38 Fibonacci retracement level. The $4.9 level is also noteworthy because it represents the breakout’s initial support level, back on April 3. This is precisely where the initial daily candle closed, confirming some confidence in a new uptrend. A deeper retracement would not be surprising, however, nor disastrous. A fall to anywhere above $4,600 would land above the important 200 day moving average; and would also be a retracement above the 0.68 Fibonacci level, falling below which would signal a rather deep correction and perhaps a lengthy stay below $5k. The price action on a granular scale looks like nothing but a series of bear flags. No bullish indicators are yet visible on a small scale (15 minute chart show), with a falling RSI along with falling price (blue circles, below). Based on this indicator, another leg down looks more likely than not. Looking at the daily RSI, we can see that the dramatically overbought price action has cooled off; but there is still plenty of conceivable downside to go before the retrace settles. Holding the (indicated) RSI level of 65 seems unlikely, and doing so would be extremely impressive - which, as we have seen of late, is not outside the realm of Bitcoin’s possibilities.
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Pasaran Eropah tutup lebih tinggi; Dax naik 0.40%
Saham Eropah adalah naik selepas penutupan loceng pada Selasa. Pada penutupan perdagangan Eropah, DAX Jerman meningkat 0.40%, FTSE 100London meraih 0.71%, CAC 40 Perancis melonjak 0.81% dan STOXX 50 EURO naik 0.69%. Sementara itu,pada Wall Street, ekuiti pasaran naik selepas pembukaan. Purata Perindustrian Dow Jones naik 0.67%; indeks S&P 500 meraih 0.42%, manakala indeks 100 Nasdaq melonjak 0.32%.
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BitSEVEN | Pertukaran Mercantile Bitkoin: Menjual beli, Leveraj Sehingga 200x
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Gratitude can transform common days into thanksgivings, turn routine into joy, and change ordinary opportunities into blessings... #Wixlar #WixlarCoin #Cryptocurrency #Crypto #Blockchain #ICO #CryptoLife #CryptoNews #Cryptos #BlockchainNews #BitConMe #Bittrex #Poloniex #Kucoin #Kraken #Bithumb #Upbit #Mercatox #Korbit #CoinRail #HitBTC #RightBTC #Coin25 #MEW #EtherDelta #ForkDelta #P2P #Binance #BinanceExchange #BTC #Bitcoin #BCH #BitCoinCash #ETH #Ethereum #EOS #ADA #Miota #LTC #IOTA #Litecoin #Cardano #Steem #Stellar #Monero #Doge #Dash #DashCoin #MoneroCoin #Steemit #XLM #BCG #BitCoinGold #BitcoinNews #BTCnews
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5 Razones para comprar Tron (TRX)
TRON (o TRX) se encuentra entre las criptodivisas de reciente creación con una oferta inicial de monedas (o ICO) que se lanzó en septiembre de 2017. Desde noviembre de 2017, la moneda TRON se ha revalorizado más de un 2000% con una oferta de mercado de unos 65.000 millones de dólares y una oferta de 100.000 millones de dólares. Actualmente ocupa el puesto número 14 en varias plataformas de intercambio de criptodivisas populares, TRON ofrece mucho potencial de inversión a los inversores con una inversión de solo 12 millones de dólares para duplicar su precio.
Aquí hay cinco razones por las que usted, como inversor, debe invertir en esta criptodivisa de rápido crecimiento:
1. El equipo detrás de TRON
TRON ha sido creado por la fundación TRON, una organización sin ánimo de lucro con sede en Singapur, inspirada inicialmente por Sir Tim Burners-Lee. El director general de la empresa, Jusin Sun, es conocido por ser el prodigio del multimillonario chino y fundador de la empresa de comercio electrónico Ali Baba, Jack Ma. Además de este hecho, Jusin Sun también es conocido por:
- Fundar la aplicación para smartphones Peiwo - Estar en la lista de los 30 mejores de Forbes (menores de 30 años) de 2015 a 2017 - Representar el crecimiento de la criptomoneda Ripple en China
Hay fuertes especulaciones sobre una posible asociación entre TRON y Alibaba, lo que supondría un gran impulso para esta criptodivisa.
2. Contenido distribuido
La plataforma TRON tiene como objetivo proporcionar una plataforma descentralizada de contenido distribuido en todo el mundo. Esto desafiará a las plataformas centralizadas de distribución de contenidos como YouTube y Google, que actualmente tienen el monopolio de todos los contenidos distribuidos por los usuarios. TRON permitirá a los usuarios no sólo publicar contenidos gratuitos, sino también ser dueños de sus contenidos.
3. Transacciones baratas
Gracias a sus modelos de comercio basados en UTXO, las transacciones basadas en TRON son rápidas (con más de 1.000 transacciones por segundo) y prácticamente gratuitas (a 0,000005 céntimos por transacción). En comparación, las tarifas de transacción de Bitcoin y Ethereum son actualmente de 5 y 1 dólares respectivamente.
4. Plataforma independiente de Blockchain
Con el exitoso lanzamiento de la red principal de la moneda TRON el 31 de mayo de 2018, TRON estará equipado para proporcionar más capacidades como una plataforma Blockchain independiente y no limitada por su red Ethereum. Gracias a los múltiples servicios y ventajas de su tecnología blockchain, TRON ofrece tendencias alcistas en sus precios de negociación actuales, y la industria estima que puede alcanzar un precio alto de 0,08 dólares o incluso 3 dólares a finales de 2018.
5. Apoyo de Bixin
Establecido en el año 2014, Bixin se encuentra entre las billeteras de criptodivisas basadas en blockchain más grandes del mundo, proporcionando soporte a las principales criptodivisas como Bitcoin y Ethereum. En un anuncio reciente, Bixin ha ofrecido su apoyo a las actualizaciones de blockchain basadas en TRON y a la migración de tokens. Siendo un modo seguro y conveniente de comercio de criptodivisas, el apoyo de Bixin y otras importantes plataformas de intercambio digital como RightBTC es un buen augurio para los inversores de TRON.
Conclusión
Al igual que las acciones de centavo que se ofrecen en Wall Street, el lanzamiento de ICO de monedas de criptodivisas como TRON y BAT coin está ganando impulso en el mercado y se ven entre las mejores oportunidades de inversión emergentes para los inversores. Clasificada entre las monedas de mayor rendimiento en 2018, TRON está respaldada por el equipo de gestión adecuado y está lista para crecer significativamente en el futuro cercano.
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Dual mining setup 2021: Bat file | Basic Combination | Monero & Ethereum

Dual mining monero and ethereum - Dual mining was quite popular in 2017, when each miner could easily set up the mining of Ethereum and one of several altcoins at the same time. Since many double coins are no longer profitable :to mine nowadays, the popularity of dual mining on video cards has sunk into oblivion. But, since some users are still interested in double mining, let's take a digression into history and tell you how it was. We will also present the digital coins available for double mining in 2021. Each mining algorithm has its own specific features, which load the computing units and memory of video cards in different ways. This allows two algorithms to compute and mine two different coins at the same time. This article will focus on how dual mining of cryptocurrency worked and what was "dug" in dual with ether, or similar coins. What is dual mining and how does it work When mining cryptocurrencies that use the Ethash hash function (ETH, ETC, EXP and others), the greatest load during calculations falls on the memory of the video card. At the same time, the graphics processor is loaded very little. This allows simultaneous mining of two cryptocurrencies using one video card. As a rule, for this they use the Claymore's Dual Miner program, which perfectly works simultaneously with Nvidia and AMD video cards in one rig running a 64-bit operating system Windows 7 or 10. The best alternative program Phoenix miner initially did not support this option. Then the developers added support for double mining, but few people used it anymore. However, in the latest releases of miners, claymore and phoenix dual mining is still available. How to set up dual mining Setting up dual mining consists in setting the optimal overclocking parameters for video cards, which should ensure maximum performance, stability, automatic fan control and load reduction when overheating, as well as setting parameters associated with a specific mining pool. - Before that, an operating system, drivers must be installed and configured on the rig, and the calculation mode for drivers from AMD must be enabled. The recording of the required settings of the mining program is recorded in the BAT file intended for its launch. Let's take a closer look at how to configure it to run dual mining. Bat file for dual mining Dual mining can be done both on one pool (for example, Ether and Pascal on Coinotron ), and on different ones (for example, Ether on Ethermine and Decred on pool.mn/dcr ). When setting up the mining of the selected coin for a specific pool, you must familiarize yourself with the help section on its website. There should be the recommended parameters in the BAT batch file launch parameters.The easiest way to configure launch parameters is if there are identical video cards in the rig. If you do not take into account the overclocking parameters, then for Nvidia and AMD video cards, the BAT file setting for dual mining is as follows (for the Coinotron pool when mining ETH and Pascal): EthDcrMiner64.exe -epool coinotron.com:3344 –ewal username.worker_name -epsw worker_password -esm 2 -dcri 22 -dcoin pasc -dpool coinotron.com:3348 -dwal username.worker_name -dpsw worker_password -allcoinspo In addition, it is necessary to set the parameters for overclocking, fan control and temperature. Their setting for dual mining does not differ from the parameters used for mining one coin.For more fine tuning of the miner, the commands are used, which can be found in the Readme file !!! , which is located in the miner folder. Let's take a closer look at these values: - EthDcrMiner64.exe is the path to the mining executable file. If the BAT file is located in the folder with the program, then you just need to specify the name of the executable file for mining. In order to avoid problems during mining, you need to add it to the list of exceptions in the antivirus and firewall; - -epool coinotron.com:3344 is a parameter that specifies the address and port of the pool. To mine ETC on the same pool, enter the value coinotron.com:3345. On Ethermine, when mining ether, enter the value us1.ethpool.org:3333 (or eu1, eu2, us2, asia1 when using other servers of this pool); - -ewal username.workername - username on the pool and the name of the rig. On some pools, there is no need to create separate workers, but if there is an optional opportunity to use them, then it is better to use it. This is useful for controlling the operation of the rigs. On Ethermine, this line will look like this: -ewal wallet_address.worker_name; - -epsw worker_password - here the worker's password is specified, which is indicated on the pool. Many pools use the English letter x instead of a password. On Ethermine, this parameter will look like: -epsw x; - -esm 2 - this parameter (Ethereum Stratum mode) is set in accordance with the pool parameters. For Coinotron this parameter is 2, for Ethermine -1; - -dcri 22 - the parameter of the intensity of the mining of the second coin. If you do not set this parameter, it defaults to 30. This parameter can be adjusted during mining by pressing + and - . One press will change the intensity by 1 unit up or down, respectively. Usually, this parameter is selected experimentally so that the mining speed of the first coin is the highest; - -dcoin pasc - this parameter indicates which coin is mined as the second one (in this case - Pascal). For mining Decred indicate -dcoin dcr, for siacoin sc ", for LBRY lbc, for mining other coins using Blake2s and Keccak algorithms, indicate blake2s and keccak, respectively. - -dpool coinotron.com:3348 - address and port of the pool for mining the second coin; - the values -dwal username.worker_name and -dpsw worker_password are the mining parameters of the second cryptocurrency, which are set similar to the pool settings for the first coin; - -allpools 1 - parameter related to the commission to the developer. If a pool is used for mining, which is not included in the list of pools used by Claymore, then the program may terminate without setting this parameter; - -allcoins -1 is a parameter associated with mining for a developer, which must be specified when mining coins other than Ether as the first cryptocurrency. When set to -1, the miner will first work for the developer, and then for the user. This will help to avoid program malfunctions with different sizes of the DAG data block, which is needed when mining cryptocurrencies with the Ethash algorithm. If the computer freezes during the start of mining, then it is worth increasing the size of the swap file, reducing the overclocking of the cards, and also adding the -gser 1 or 2 parameter to the command line for smoother inclusion of video cards in Ethash mining. Sometimes, when the cards overheat, the question arises of how to disable dual mining in the Claymore's Dual Miner program. To do this, just add the -mode 1 parameter to the BAT file , which will switch the program to mining only the first coin. If you want to enable dual mining, you need to set this value to -mode 0. Example, Metaverse Cryptocurrency (ETP) As an example, let's take a look at how to mine Metaverse (ETP) coin in dual. To mine this cryptocurrency, you need to open a wallet, select a pool with the lowest ping, set up a batch file to run and run it.A wallet for this coin can be downloaded from the official website, or you can use a wallet on one of the exchanges, for example, Bitfinex, HitBTC, RightBTC. The pool addresses can be taken from the site https://explorer.mvs.org/mining. For the Russian pool https://comining.io when mining with the second Pascal coin on Coinotron, the batch file will look like this: EthDcrMiner64.exe -epool s.comining.io:9999 -ewal address1.worker1 -epsw x -esm 3 -dcoin pasc -dpool coinotron.com:3348 -dwal login2.worker2 -dpsw password2 -allpools 1 -allcoins -1 In order to have the highest income, you need to constantly monitor which coins can be mined profitably in dual. Basic currency combination options Ethereum was most often the first coin, but other compatible altcoins can also be staked. For example, Ether Classic, Expanse, Musicoin, Ubiq and other lesser known cryptocurrencies that follow this algorithm. The second cryptocurrencies were mined: Decred, Siacoin, LBRY Credits, as well as less common cryptocurrencies with Pascal, Blake2s algorithms (for example, Verge, NevaCoin, Tajcoin) and Keccak (SmartCash, MaxCoin and others). When mining new, little-known coins, you need to understand that in the future there may be problems with their sale due to the lack of support on most cryptocurrency exchanges.The most profitable coin for mining at a particular point in time can be tracked on the Whattomine website . Which coin to choose for dual mining The income from mining the first coin can be viewed at the following addresses (for the most famous cryptocurrencies): - Ether - https://whattomine.com/coins/151-eth-ethash; - Ether Classic - https://whattomine.com/coins/162-etc-ethash; - Expanse - https://whattomine.com/coins/154-exp-ethash; - Musicoin - https://whattomine.com/coins/178-music-ethash; - Ubiq - https://whattomine.com/coins/173-ubq-ethash. The profitability of mining the second coin can be viewed at: - Handshake - https://whattomine.com/merged_coins/67-eth-hns; Which coin to choose for dual mining Yield calculators for other coins can be found at https://whattomine.com/calculators . Tracking the profit from mining on these calculators will help you understand what is better to mine in dual with ether or its clones. To enter values into the calculator, you need to know the approximate mining speed of a given algorithm, power consumption and the cost of one kilowatt in dollars.At the time of this review, this service offers a single Handshake (HNS) coin for double mining . It is not supported by traditional Ethereum miners: Claymore's Dual Miner and Phoneix miner. And, in general, the broadcast is not the first, but the second violin here. The HNS cryptocurrency can be mined in tandem with ether using the NBMiner utility (NebuTech miner), but due to the low profit, miners have lost interest in it. Is dual mining beneficial, advantages and disadvantages Is dual mining beneficial, advantages and disadvantages When mining a second coin, the following factors need to be considered: - Currently, ASIC miners have been issued for most of the coins for the second coin algorithms ; - The speed of mining the second coin on video cards is not so high and profitable, so dual mining currently makes sense for coins that do not run many ASICs; - The latest versions of Claymore's Dual Miner do not have a developer commission from mining the second coin. Dual mining made it possible to earn additional cryptocurrency without spending additional costs on the purchase of new equipment. The rate of most of the coins that are mined as a second cryptocurrency is quite low, and the difficulty of mining profitable tokens is very high. As such, mining the second coin now does not actually offset the increase in electricity costs. With the tokens that were profitable in the past for dual mining, only ASIC miners are now working. Basic currency combination options However, there is a lesser known, but quite profitable option for the combined mining of Zilliqa + Ethereum digital currencies. It is supported by three mining pools: - Rustpool.xyz; - Ezil.me; - Shardpool.io. The data was taken from the crypto mining monitoring service https://miningpoolstats.stream/zilliqa . Zill + Eth mining is different from traditional dual mining. Your cards do not pick up a hash for both cryptocurrencies at the same time. Working on one of these services, you mine ETH most of your time. At the right time, your rig will be transferred to Zill mining, and when the period is over, it will return to Ethereum. Everything happens automatically, the only thing that is required from you is to correctly configure the executable file. Sample customization: PhoenixMiner.exe PhoenixMiner.exe -pool us-zil.rustpool.xyz:8008 -wal ADRES ETH –pass ADRESS [email protected]: 9999 @ 4G -worker zilminer -proto 2 Enter your wallet numbers instead of ADRES ETH and ADRESS ZILL , save the file with the bat extension and start combined mining. If you do not regret mining Ethereum from nanopool.org, you can specify a different server, and replace the large Ether with another Ethash altcoin. But in the current period, Ethereum is the most relevant. You will practically not lose anything on the air and get additional profit. A farm with a hash rate of 100 MH / S brings 0.087 ETH + 20 Zill per day. According to data from https://coinmarketcap.com/currencies/zilliqa/ as of July 31, 2020, the cost of one Zilliqa crypto coin is equivalent to 0.18 USD. You can get both addresses at once by installing the Trust Wallet multicurrency wallet on your smartphone . Read the full article
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Are Decentralized Crypto-Exchanges the Solution to Attacks? Within the last four years, up to $1.3 billion worth of crypto-currency has been stolen through hacks that have occurred on crypto-currency exchange platforms. According to Miko Matsumura, CEO of Evercoin, a non-custodial crypto-currency exchange, the biggest problem for these exchange platforms is the fact that they are centralized (also known as custodial). Simply explained, Within the last four years, up to $1.3 billion worth of crypto-currency has been stolen through hacks that have occurred on crypto-currency exchange platforms. According to Miko Matsumura, CEO of Evercoin, a non-custodial crypto-currency exchange, the biggest problem for these exchange platforms is the fact that they are centralized (also known as custodial). Simply explained, custodial exchanges hold users’ money for them and also have control over their private keys. These private keys are what users use in order to access their funds. The fact that an entity holds these keys on behalf of all the users puts the users’ funds at risk. If a hack were to occur on a custodial platform, which we have seen before, these hackers will have access to the users’ keys, thus allowing them to access their money. Of all the problematic practices that centralized exchanges are known for, critics have raised the most concern about this one in particular. Matsumura has urged users to avoid using exchanges that will require them to give over their private keys. Under no circumstances should users give their private keys to an exchange or any other entity. Doing so can make their accounts vulnerable, and this could lead to catastrophic results should an exchange platform be infiltrated. The numerous hacks that have occurred on custodial exchanges have caused many investors to think twice about investing in crypto-currency. The first way these non-custodial exchanges can calm investors’ fears is through explaining the added security that decentralized exchanges offer. Jay Zhou, CMO of Loopring, a protocol for decentralized crypto exchanges, explained that due to the decentralized nature of the exchanges, users will always have their assets in their wallets. A wallet is a term used for the storage space of users’ crypto-currency. There are two types of wallets – a hot wallet (that refers to an online wallet for storing cryptocurrency) and a cold wallet (an offline wallet that usually comes with password-protection). It is usually advised that users – and exchanges – keep the majority of their funds in cold wallets to prevent cybercriminals from accessing all their money. Michael Ou, CEO of CoolBitX, the creator of cold wallet storage system Coolwallet, seconds this saying that “Exchanges should implement multiple hardware wallets plus multiple authorization for internal transactions.” Exchanges should also “offer hardware wallets to every user” and “ask users to keep the coins in their own hardware wallets [in order] to reduce the coins collected as much as possible, and avoid the exchange wallet from becoming a honey pot for hackers,” adds Ou. By taking matters into their own hands, users don’t have to put their trust in a third party to handle any of their assets or settle any trades or disputes. This gives users total control, allowing them to feel comfortable about where their money is being held. In order for decentralized exchanges to become successful, companies must have basic crypto-currency trading knowledge and experience before launching such an exchange, Zhou added. Remarks from Kenny Shih, executive director at Coinsuper, a Hong Kong based exchange, supported Zhou’s recommendation. Shih mentioned that traditional institutions (e.g. banks) want to know that an exchange is operating legitimately. Simply put, they want to ensure that the exchange is trading with investors who are qualified and legitimate. Transparency is important for investors and institutions seeking to invest in crypto-currency because they need to know that their funds are being traded on the platform. Allaying the concerns of these traditional institutions would go a long way in attracting more mainstream investors to cryptocurrency. While the decentralized exchanges continue to grow, centralized exchanges can focus on improving their security in order to prevent more hacks from occurring. The less hacks that occur successfully, the more credible crypto-currency exchanges will appear to mainstream society. Kiran Raj, Chief Strategy Officer at Bittrex, mentioned that security is an integral part of blockchain technology, “Centralized exchanges serve a key role in the blockchain ecosystem by combatting malicious actor; providing market transparency and price discovery; as well as a secure platform for increased participation.” The presence of reliable security is what will draw more mainstream investors into the crypto-world. The public needs to know that their investments – their money – are safe. Ou describes the situation in three parts: as hacks scare off potential investors, exchanges can reduce the rate of hacks by encouraging users to use cold wallets, thus “The reduction of hacks will make potential investors feel more comfortable to participate in the crypto market.” Investors will feel more encouraged to invest in crypto-currency once they know that their assets will be with an exchange they can trust. One of the reasons the mainstream world feels they are not ready for decentralized exchanges is due to the anonymity that is often seen as a benefit for users. Many institutions fear that this will promote illegal entities to make use of these platforms to launder their money. Shih emphasized that crypto-currency exchanges also need to take regulation seriously. Incorporating means such as KYC (Know Your Customer) and AML (Anti-Money Laundering) is a way to win the trust of mainstream investors and financial institutions. KYC and AML involve the verification of users of exchange platforms – especially detailing where they source their funds and whether they are being traded in a legitimate way. But Sterlin Lujan, Communications Ambassador at Bitcoin.com suggests that decentralised exchanges are more in line with the “purpose of cryptocurrency” i.e “to maintain user privacy, freedom, and anonymity” because of these KYC regulations. Centralized exchanges comply with Know Your Customer and Lujan explains that “In this regard, “KYC” regulations are antithetical to the spirit of cryptocurrency. Many crypto-holders prefer to keep their identity to themselves as they trade coins.” The concern that the sensitive information provided through KYC could also be lost to hack is “just one of many reasons why decentralized exchanges are so important and why they are emerging,” adds the executive. Matsumura recommended that all exchanges conduct frequent security and penetration tests in order to ensure that their systems are always free from security flaws. Penetration tests involve the process of identifying any major security flaws on the platform. Security flaws can never be taken for granted. The presence of one alone can spell disaster for any platform. Hosho founder, Yo Sub Kwon, one of the major blockchain leaders in blockchain security, supported Matsumura’s recommendation with his statement: “Exchanges should do the bare minimum by getting annual penetration tests. They should be actively having their security tested, with every feature added or significant code changed often. We also encourage all exchanges to implement an ongoing bug bounty program to award hackers for their efforts rather than penalizing them or encouraging them to go to black markets.” Bug bounty programs are rising in popularity; with companies like PolySwarm, a decentralized threat intelligence community, encouraging white hat hackers – cybersecurity experts who use their skills for good reasons – to participate in identifying security flaws on a variety of online platforms. Simply explained, a bug bounty program involves a group of white hat hackers screening platforms for any irregularities or security flaws that could lead to future problems. These hackers are rewarded for their work and platforms are able to test the security on their platforms, preventing any malicious entities from infiltrating their system. Steve Bassi, CEO of PolySwarm explained that “Having a bug bounty program allows honest users to contribute by: Allowing them to avoid legal risk via clearly defined the bug bounty parameters Rewarding them for their hard work in identifying flaws and helping them get fixed. It is a no-brainer and I would argue an essential aspect of the security of any widely used platform.” Though, Bassi stressed that “bug bounty programs are not a substitute for rigorous, professional, third party audits; they complement.” Many people in the crypto-currency industry believe that we are ready for decentralized platforms. It is up to exchanges, and other companies that require high-level security on the blockchain, to take the steps required to ensure that their platforms are secure and reliable. Al-labaghi, Head of RightBTC, a global cryptocurrencies exchange, said that most importantly, all exchanges need to put in the effort to educate their users on how to manage their wallets, keep their assets secure, and how to trade safely. The RightBTC head also highlighted that most crypto-currency investors – especially the new ones on the scene – are not clued up on appropriate security measures. Moreover, the majority of exchanges focus more on ensuring that their exchanges are easy to use, but do not divert enough attention towards educating their users on trading safely. Decentralized exchanges have not been widely adopted yet because they are neither fast, practical, nor inexpensive enough to build in comparison to centralized exchanges. Low liquidity and the lack of orders placed on decentralized exchanges as a result of high fees and validation time also means that they are not currently worth the while of traditional investors. Lujan also notes that many “suffer from poor UI and UX” and some also require users to be online simultaneously, making it inconvenient to complete transactions. Decentralization, as described here, is an inevitability as it does provide greater transparency when trading on the blockchain. But as centralized exchanges remain the norm there is the imperative for them to offer greater security and safety information to users in the meantime. https://coinmarked.com/are-decentralized-crypto-exchanges-the-solution-to-attacks/?feed_id=108&_unique_id=5d621b53b020c
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Metaverse Foundation Launches New DNA Token on RightBTC
Metaverse Foundation Launches New DNA Token on RightBTC


Press Release – updated: Sep 11, 2019
TORONTO, September 11, 2019 (Newswire.com) – Metaverse announced today that their Dual Chain Network Architecture, has officially launched the native DNA token on RightBTC, a leading cryptocurrency exchange, with trading having commenced at 6:00 am UTC, September 10th.
“The listing on RightBTC will provide huge liquidity to the DNA token, as well as a…
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Expert Cryptocurrency Trading Analyst Shows How A Real Bitcoin Bottom Looks Like Via Charts/ CoinMarketCap,poloniex,bitfinex,bitmex,bittrex,bithumb,bitcoin price,etf bitcoin
Bitseven.com - How Does A Real Bitcoin Bottom Looks Like?
Ever since Bitcoin dropped down from $6k to $3,200 level, Bitcoin bottom has been the topic of discussion in the crypto space. Some analysts have already called out a bottom while others are predicting a move below $3k or even between the $1k and $2k range.
Now, market analyst and trader, Benjamin Blunts is sharing how a real Bitcoin bottom should look like,
“This is what a real bottom should look like for those of you having trouble envisioning it,” while asking the crypto enthusiasts to be patient, “Patience young ones, good things come to those who wait.”
“In case it wasn't clear, this is not a prediction, merely what an ideal bottom should look like. If it happens and we get a false breakdown spike, great, i’ll be stoked, if not, buy the breakout/retest.”
Recently, crypto trader, Josh Rager conducted a poll with his audience to determine if people did buy Bitcoin between the range of $3,100 and $3,900 in the past four months as he himself did.
“So far 65% of people who answered this pole have bought Bitcoin at its low range prices. Considering majority of my audience is brilliant but bear biased. I'd have to say that 70%+ of retail investors/traders on CT have bought BTC near the bottom.”
Bitcoin bottom might be in or might not be, that’s yet to be seen, but today a big development has been made that is driving crypto adoption forward. The second-largest stock exchange in the world by market cap, Nasdaq is officially expanding its global data service by including Bitcoin and Ethereum.
Earlier this month, the stock exchange had made an official announcement stating
“The Bitcoin Liquid Index (BLX) and the Ethereum Liquid Index (ELX) are each designed to provide a real-time spot or reference rate for the price of 1 BTC and 1 ETH respectively, quoted in USD, and based on the most liquid ends of their markets.”
The BLX which is one of the most widely referenced BTC indices among the crypto traders has been calculated back to 2010 while ELX is calculated back to 2014. Both the indices are calculated using a methodology that is independently audited against the key IOSCO principles. Moreover, the data will be refreshed at a frequency of 30 seconds.
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Crypto Market Wrap: Is a Red Monday About to Intensify?
Crypto market consolidation continues Monday; XRP, BSV and ATOM still climbing, EOS and Tron falling back.
Market Wrap
The weekend has seen gains on crypto markets as another correction gets quashed. Friday’s big $25 billion dump did not extend into the weekend and things started to recover pretty quickly. Total market capitalization climbed above $270 billion again and the longer term uptrend is still going strong.
Bitcoin reached an intraday high late Sunday when it made it just above $8,800. Since then BTC retreated to $8,700 where it has spent most of the past day. A fall back to $8,600 has left it level on the day as the prospects of further losses mount.
Ethereum has remained flat on the day with virtually no movement. ETH is just under $270 at the time of writing and is likely to mimic whatever Bitcoin does in the next few hours, a move back to support at $250 is looking more likely.
There are only a couple of altcoins moving in the top ten at the time of writing. XRP has lifted itself up 4 percent or so to reach $0.448 and Bitcoin SV appears to be having another manipulated pump as it surges 17 percent. BSV is currently at $218 but considering how it got there leaves little confidence in this one. Not a lot is going on with the rest of them aside from EOS which has dumped 5 percent failing to get any fomo from the weekend B1 event.
The top twenty also only has a couple of coins on the move. Cosmos is one of them as ATOM gets an 11 percent spike and Ethereum Classic is the other as it makes around 4 percent. Tron is following EOS and losing 5 percent but the rest are pretty flat on the day.
FOMO: Metaverse ETP Spikes
Today’s dose of fomo is going to ETP which has jumped 18 percent in the past few hours. Most of the trade is going on at RightBTC and there doesn’t appear to be much driving it. BSV as mentioned is getting pumped again and Maximine Coin is back up there with another 15 percent spike.
There are no big dumps going on at the moment as markets remain in consolidation mode. Those at the bottom of the performance pile for the top one hundred include Aion and Mixin dropping 7-8 percent each.
Total crypto market capitalization 24 hours. Coinmarketcap.com
Total crypto market capitalization is currently at $272 billion which is back to where it was this time yesterday. Aside from Friday’s up and down, crypto markets have been pretty sideways all week and are where they were again last Monday. A Bitcoin correction could be imminent as red starts to seep in to the markets on Monday.
Market Wrap is a section that takes a daily look at the top cryptocurrencies during the current trading session and analyses the best-performing ones, looking for trends and possible fundamentals.
The post Crypto Market Wrap: Is a Red Monday About to Intensify? appeared first on NewsBTC.
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Crypto Market Wrap: Is a Red Monday About to Intensify?
Crypto market consolidation continues Monday; XRP, BSV and ATOM still climbing, EOS and Tron falling back.
Market Wrap
The weekend has seen gains on crypto markets as another correction gets quashed. Friday’s big $25 billion dump did not extend into the weekend and things started to recover pretty quickly. Total market capitalization climbed above $270 billion again and the longer term uptrend is still going strong.
Bitcoin reached an intraday high late Sunday when it made it just above $8,800. Since then BTC retreated to $8,700 where it has spent most of the past day. A fall back to $8,600 has left it level on the day as the prospects of further losses mount.
Ethereum has remained flat on the day with virtually no movement. ETH is just under $270 at the time of writing and is likely to mimic whatever Bitcoin does in the next few hours, a move back to support at $250 is looking more likely.
There are only a couple of altcoins moving in the top ten at the time of writing. XRP has lifted itself up 4 percent or so to reach $0.448 and Bitcoin SV appears to be having another manipulated pump as it surges 17 percent. BSV is currently at $218 but considering how it got there leaves little confidence in this one. Not a lot is going on with the rest of them aside from EOS which has dumped 5 percent failing to get any fomo from the weekend B1 event.
The top twenty also only has a couple of coins on the move. Cosmos is one of them as ATOM gets an 11 percent spike and Ethereum Classic is the other as it makes around 4 percent. Tron is following EOS and losing 5 percent but the rest are pretty flat on the day.
FOMO: Metaverse ETP Spikes
Today’s dose of fomo is going to ETP which has jumped 18 percent in the past few hours. Most of the trade is going on at RightBTC and there doesn’t appear to be much driving it. BSV as mentioned is getting pumped again and Maximine Coin is back up there with another 15 percent spike.
There are no big dumps going on at the moment as markets remain in consolidation mode. Those at the bottom of the performance pile for the top one hundred include Aion and Mixin dropping 7-8 percent each.
Total crypto market capitalization 24 hours. Coinmarketcap.com
Total crypto market capitalization is currently at $272 billion which is back to where it was this time yesterday. Aside from Friday’s up and down, crypto markets have been pretty sideways all week and are where they were again last Monday. A Bitcoin correction could be imminent as red starts to seep in to the markets on Monday.
Market Wrap is a section that takes a daily look at the top cryptocurrencies during the current trading session and analyses the best-performing ones, looking for trends and possible fundamentals.
The post Crypto Market Wrap: Is a Red Monday About to Intensify? appeared first on NewsBTC.
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Kurs XRP traci 10%, podczas wyprzedaży/ Bittrex, OEX, EXX, bitFlyer, RightBTC,Handel DOBI, Allcoin, CoinBene, Bitbank, Bitinka, CoinsBank, Poloniex
Bitseven.com - XRP kosztowało dziś 0,32221$, o godzinie 13:30 (11:30 GMT), jak wykazuje Investing.com Index. Tym samym kurs XRP stracił w trakcie dnia 10,16% wartości. W związku ze spadkiem kursu XRP, zmniejszyła się również kapitalizacja rynkowa kryptowaluty, osiągając poziom $13,80010B i notując spadek o 8,09%. Najwyższa kapitalizacja rynkowa XRP wynosi $79,53400B. W ciagu ostatnich 24 godzin, cena kryptowaluty wahała się w przedziale od $0,32221 do $0,35354, natomiast w ciągu ostatnich 7 dni XRP odnotowało zmianę wartości. Kurs monety zanotował stratę na poziomie 3,38% wartości. W ciągu ostatnich 24 godzin, wolumen obrotu kryptowalutą wyniósł $1,59917B, czyli 2,69% całkowitego wolumentu obrotów na wszystkich kryptowalutach. W ciagu ostatnich 7 dni wolumen obrotu XRP wahał się w przedziale od $0,3222 do $0,3794. Ze swoją obecną ceną, XRP znajduje się 90,21% od swojego historycznego maksimum, zanotowanego na poziomie $3,29 , osiągniętego w dniu: 4 Styczeń 2018. Notowania innych kryptowalut Kurs kryptowaluty Bitcoin znajduje się na poziomie $4.977,3, jak wykazuje Investing.com Index, odnotowując tym samym spadek o 4,67%. Kurs kryptowaluty Ethereum znajduje się na poziomie $161,05, jak wykazuje Investing.com Index, czyli notuje stratę o 11,54%. Kapitalizacja rynkowa kryptomonety Bitcoin wynosi $89,17303B, czyli 52,28% całkowitej kapitalizacji rynkowej kryptowalut, podczas gdy kapitalizacja rynkowa kryptomonety Ethereum wynosi $17,29246B, czyli 10,14% całkowitej kapitalizacji rynkowej kryptowalut.
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EOS (EOS) Hits Market Cap of $3.20 Billion

EOS (CURRENCY: EOS) traded down 0.3% against the US dollar during the 1 day period ending at 1:00 AM Eastern on February 7th. Over the last week, EOS has traded down 8.4% against the US dollar. One EOS coin can now be bought for about $3.53 or 0.00091355 BTC on exchanges including Liqui, Bithumb, Bilaxy, and YoBit. EOS has a market cap of $3.20 billion and $1.41 billion worth of EOS was traded on exchanges in the last day.
EOS (CRYPTO: EOS) is a distributed proof-of-stake (dPOS) coin that uses the DPoS hashing algorithm. It launched on June 26th, 2017. EOS’s total supply is 1,006,245,120 coins and its circulating supply is 906,245,118 coins.
EOS Coin Trading (Selling and Buying)
EOS can be bought or sold on the following cryptocurrency exchanges: RightBTC, Rfinex, OTCBTC, BitFlip, ZB.COM, HitBTC, Tidebit, DragonEX, BtcTrade.im, TOPBTC, CoinBene, Instant Bitex, Neraex, Bitbns, Huobi, Bilaxy, GOPAX, Liqui, Upbit, OEX, COSS, OKEx, Cryptopia, YoBit, Coinbe, IDAX, Exrates, Binance, Coinrail, Kraken, BCEX, Bit-Z, Ovis, Kuna, Zebpay, CoinEx, ChaoEX, Livecoin, CPDAX, CoinTiger, Kucoin, Poloniex, Fatbtc, ABCC, IDCM, Exmo, Vebitcoin, Bithumb, BitMart, DOBI trade, Bibox, BigONE, Coinone, C2CX, OpenLedger DEX, Hotbit, LBank, Cryptomate and CoinExchange.

It is usually not presently possible to purchase alternative cryptocurrencies such as EOS directly using US dollars. Investors seeking to acquire EOS should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly or Gemini.
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Dual mining setup 2021: Bat file | Basic Combination | Monero & Ethereum

Dual mining monero and ethereum - Dual mining was quite popular in 2017, when each miner could easily set up the mining of Ethereum and one of several altcoins at the same time. Since many double coins are no longer profitable :to mine nowadays, the popularity of dual mining on video cards has sunk into oblivion. But, since some users are still interested in double mining, let's take a digression into history and tell you how it was. We will also present the digital coins available for double mining in 2021. Each mining algorithm has its own specific features, which load the computing units and memory of video cards in different ways. This allows two algorithms to compute and mine two different coins at the same time. This article will focus on how dual mining of cryptocurrency worked and what was "dug" in dual with ether, or similar coins. What is dual mining and how does it work When mining cryptocurrencies that use the Ethash hash function (ETH, ETC, EXP and others), the greatest load during calculations falls on the memory of the video card. At the same time, the graphics processor is loaded very little. This allows simultaneous mining of two cryptocurrencies using one video card. As a rule, for this they use the Claymore's Dual Miner program, which perfectly works simultaneously with Nvidia and AMD video cards in one rig running a 64-bit operating system Windows 7 or 10. The best alternative program Phoenix miner initially did not support this option. Then the developers added support for double mining, but few people used it anymore. However, in the latest releases of miners, claymore and phoenix dual mining is still available. How to set up dual mining Setting up dual mining consists in setting the optimal overclocking parameters for video cards, which should ensure maximum performance, stability, automatic fan control and load reduction when overheating, as well as setting parameters associated with a specific mining pool. - Before that, an operating system, drivers must be installed and configured on the rig, and the calculation mode for drivers from AMD must be enabled. The recording of the required settings of the mining program is recorded in the BAT file intended for its launch. Let's take a closer look at how to configure it to run dual mining. Bat file for dual mining Dual mining can be done both on one pool (for example, Ether and Pascal on Coinotron ), and on different ones (for example, Ether on Ethermine and Decred on pool.mn/dcr ). When setting up the mining of the selected coin for a specific pool, you must familiarize yourself with the help section on its website. There should be the recommended parameters in the BAT batch file launch parameters.The easiest way to configure launch parameters is if there are identical video cards in the rig. If you do not take into account the overclocking parameters, then for Nvidia and AMD video cards, the BAT file setting for dual mining is as follows (for the Coinotron pool when mining ETH and Pascal): EthDcrMiner64.exe -epool coinotron.com:3344 –ewal username.worker_name -epsw worker_password -esm 2 -dcri 22 -dcoin pasc -dpool coinotron.com:3348 -dwal username.worker_name -dpsw worker_password -allcoinspo In addition, it is necessary to set the parameters for overclocking, fan control and temperature. Their setting for dual mining does not differ from the parameters used for mining one coin.For more fine tuning of the miner, the commands are used, which can be found in the Readme file !!! , which is located in the miner folder. Let's take a closer look at these values: - EthDcrMiner64.exe is the path to the mining executable file. If the BAT file is located in the folder with the program, then you just need to specify the name of the executable file for mining. In order to avoid problems during mining, you need to add it to the list of exceptions in the antivirus and firewall; - -epool coinotron.com:3344 is a parameter that specifies the address and port of the pool. To mine ETC on the same pool, enter the value coinotron.com:3345. On Ethermine, when mining ether, enter the value us1.ethpool.org:3333 (or eu1, eu2, us2, asia1 when using other servers of this pool); - -ewal username.workername - username on the pool and the name of the rig. On some pools, there is no need to create separate workers, but if there is an optional opportunity to use them, then it is better to use it. This is useful for controlling the operation of the rigs. On Ethermine, this line will look like this: -ewal wallet_address.worker_name; - -epsw worker_password - here the worker's password is specified, which is indicated on the pool. Many pools use the English letter x instead of a password. On Ethermine, this parameter will look like: -epsw x; - -esm 2 - this parameter (Ethereum Stratum mode) is set in accordance with the pool parameters. For Coinotron this parameter is 2, for Ethermine -1; - -dcri 22 - the parameter of the intensity of the mining of the second coin. If you do not set this parameter, it defaults to 30. This parameter can be adjusted during mining by pressing + and - . One press will change the intensity by 1 unit up or down, respectively. Usually, this parameter is selected experimentally so that the mining speed of the first coin is the highest; - -dcoin pasc - this parameter indicates which coin is mined as the second one (in this case - Pascal). For mining Decred indicate -dcoin dcr, for siacoin sc ", for LBRY lbc, for mining other coins using Blake2s and Keccak algorithms, indicate blake2s and keccak, respectively. - -dpool coinotron.com:3348 - address and port of the pool for mining the second coin; - the values -dwal username.worker_name and -dpsw worker_password are the mining parameters of the second cryptocurrency, which are set similar to the pool settings for the first coin; - -allpools 1 - parameter related to the commission to the developer. If a pool is used for mining, which is not included in the list of pools used by Claymore, then the program may terminate without setting this parameter; - -allcoins -1 is a parameter associated with mining for a developer, which must be specified when mining coins other than Ether as the first cryptocurrency. When set to -1, the miner will first work for the developer, and then for the user. This will help to avoid program malfunctions with different sizes of the DAG data block, which is needed when mining cryptocurrencies with the Ethash algorithm. If the computer freezes during the start of mining, then it is worth increasing the size of the swap file, reducing the overclocking of the cards, and also adding the -gser 1 or 2 parameter to the command line for smoother inclusion of video cards in Ethash mining. Sometimes, when the cards overheat, the question arises of how to disable dual mining in the Claymore's Dual Miner program. To do this, just add the -mode 1 parameter to the BAT file , which will switch the program to mining only the first coin. If you want to enable dual mining, you need to set this value to -mode 0. Example, Metaverse Cryptocurrency (ETP) As an example, let's take a look at how to mine Metaverse (ETP) coin in dual. To mine this cryptocurrency, you need to open a wallet, select a pool with the lowest ping, set up a batch file to run and run it.A wallet for this coin can be downloaded from the official website, or you can use a wallet on one of the exchanges, for example, Bitfinex, HitBTC, RightBTC. The pool addresses can be taken from the site https://explorer.mvs.org/mining. For the Russian pool https://comining.io when mining with the second Pascal coin on Coinotron, the batch file will look like this: EthDcrMiner64.exe -epool s.comining.io:9999 -ewal address1.worker1 -epsw x -esm 3 -dcoin pasc -dpool coinotron.com:3348 -dwal login2.worker2 -dpsw password2 -allpools 1 -allcoins -1 In order to have the highest income, you need to constantly monitor which coins can be mined profitably in dual. Basic currency combination options Ethereum was most often the first coin, but other compatible altcoins can also be staked. For example, Ether Classic, Expanse, Musicoin, Ubiq and other lesser known cryptocurrencies that follow this algorithm. The second cryptocurrencies were mined: Decred, Siacoin, LBRY Credits, as well as less common cryptocurrencies with Pascal, Blake2s algorithms (for example, Verge, NevaCoin, Tajcoin) and Keccak (SmartCash, MaxCoin and others). When mining new, little-known coins, you need to understand that in the future there may be problems with their sale due to the lack of support on most cryptocurrency exchanges.The most profitable coin for mining at a particular point in time can be tracked on the Whattomine website . Which coin to choose for dual mining The income from mining the first coin can be viewed at the following addresses (for the most famous cryptocurrencies): - Ether - https://whattomine.com/coins/151-eth-ethash; - Ether Classic - https://whattomine.com/coins/162-etc-ethash; - Expanse - https://whattomine.com/coins/154-exp-ethash; - Musicoin - https://whattomine.com/coins/178-music-ethash; - Ubiq - https://whattomine.com/coins/173-ubq-ethash. The profitability of mining the second coin can be viewed at: - Handshake - https://whattomine.com/merged_coins/67-eth-hns; Which coin to choose for dual mining Yield calculators for other coins can be found at https://whattomine.com/calculators . Tracking the profit from mining on these calculators will help you understand what is better to mine in dual with ether or its clones. To enter values into the calculator, you need to know the approximate mining speed of a given algorithm, power consumption and the cost of one kilowatt in dollars.At the time of this review, this service offers a single Handshake (HNS) coin for double mining . It is not supported by traditional Ethereum miners: Claymore's Dual Miner and Phoneix miner. And, in general, the broadcast is not the first, but the second violin here. The HNS cryptocurrency can be mined in tandem with ether using the NBMiner utility (NebuTech miner), but due to the low profit, miners have lost interest in it. Is dual mining beneficial, advantages and disadvantages Is dual mining beneficial, advantages and disadvantages When mining a second coin, the following factors need to be considered: - Currently, ASIC miners have been issued for most of the coins for the second coin algorithms ; - The speed of mining the second coin on video cards is not so high and profitable, so dual mining currently makes sense for coins that do not run many ASICs; - The latest versions of Claymore's Dual Miner do not have a developer commission from mining the second coin. Dual mining made it possible to earn additional cryptocurrency without spending additional costs on the purchase of new equipment. The rate of most of the coins that are mined as a second cryptocurrency is quite low, and the difficulty of mining profitable tokens is very high. As such, mining the second coin now does not actually offset the increase in electricity costs. With the tokens that were profitable in the past for dual mining, only ASIC miners are now working. Basic currency combination options However, there is a lesser known, but quite profitable option for the combined mining of Zilliqa + Ethereum digital currencies. It is supported by three mining pools: - Rustpool.xyz; - Ezil.me; - Shardpool.io. The data was taken from the crypto mining monitoring service https://miningpoolstats.stream/zilliqa . Zill + Eth mining is different from traditional dual mining. Your cards do not pick up a hash for both cryptocurrencies at the same time. Working on one of these services, you mine ETH most of your time. At the right time, your rig will be transferred to Zill mining, and when the period is over, it will return to Ethereum. Everything happens automatically, the only thing that is required from you is to correctly configure the executable file. Sample customization: PhoenixMiner.exe PhoenixMiner.exe -pool us-zil.rustpool.xyz:8008 -wal ADRES ETH –pass ADRESS [email protected]: 9999 @ 4G -worker zilminer -proto 2 Enter your wallet numbers instead of ADRES ETH and ADRESS ZILL , save the file with the bat extension and start combined mining. If you do not regret mining Ethereum from nanopool.org, you can specify a different server, and replace the large Ether with another Ethash altcoin. But in the current period, Ethereum is the most relevant. You will practically not lose anything on the air and get additional profit. A farm with a hash rate of 100 MH / S brings 0.087 ETH + 20 Zill per day. According to data from https://coinmarketcap.com/currencies/zilliqa/ as of July 31, 2020, the cost of one Zilliqa crypto coin is equivalent to 0.18 USD. You can get both addresses at once by installing the Trust Wallet multicurrency wallet on your smartphone . Read the full article
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This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release.
After facing many challenges and successes in the past year, ABBC Foundation welcomes the New Year with interesting developments related to their Multi Crypto Wallet. The company’s technical team focused mainly on further improving the internal functionalities and security features of the ABBC MC Wallet in order to serve the ABBC community better and give more of the desired value and results to the supporters of ABBC. The team was able to revamp and restructure the key internal programming to provide a better experience to their users. The company wants their audience to know that despite the many challenges they faced, the startup ABBC Foundation is still continuing to grow as a company.
Based on the most recent announcements, the ABBC Foundation is recommending all their Hybrid Wallet users to download their ABBC MC Wallet including the users who are qualified for the ABBC CASH airdrop. ABBC Foundation also mentioned that they are implementing new security layers. The purpose of these new implementations is to protect users from any possible threats to users’ security. Also, they very recently made an email and Google OTP manual guide that aims to help users better understand the usage of their MC Wallet.
Now, the ABBC MC Blockchain Wallet is in the final stages of development. The ABBC Foundation is developing a new and improved ABBC MC Blockchain Wallet to better suit the needs of the community. This advancement will make the wallet have higher security. ABBC Wallet will be one of the first few to make a blockchain wallet. This is done for the benefit of the users. This is also made in preparation for ABBC Foundation’s future projects.
There have been many negative reports in mainstream media about the cryptocurrency industry, but there are also many positive developments. ABBC Foundation aims to contribute to the many positive developments to the blockchain industry as a whole. The upgrade stated above is one of the many things that ABBC Foundation is implementing to improve their relationship with their audience.
Another one of their plans is that they are preparing for ABBC to get listed in more major exchanges. The most recent exchange that listed ABBC is ZBG exchange. ABBC Foundation initially listed on 9 major exchanges. The exchanges were Bitforex, Coinsuper, Coinbene, Ooobtc, Dragonex, Idax, Topbtc, Rightbtc and Sistemkoin. These are top exchanges that offer the best trading experience. After a while, ABBC got listed in an additional four major exchanges getting a total of 13 exchanges listing ABBC. These four are Bit-Z, Exrates, Dobi Trade and ZBG. Now, there are more plans to get listed in many other major exchanges.
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BTI Claims Only Two of Top 25 Crypto Exchanges Accurately Report Volume
The Blockchain Transparency Institute (BTI) has published its December 2018 “Exchange Volumes Report,” claiming that only two of the top 25 cryptocurrency exchanges by reported volume on Coinmarketcap pairings accurately report their trade volume. The report also asserts that wash-trading is estimated to comprise 99 percent of the purported volume for 12 of the top 25 cryptocurrency pairings by reported volume.
Also Read: Cryptocurrency Enthusiasts Can Pay $10 Million for a 12-Night Stay in Space
BTI Claims Binance and Bitfinex Accurately Report Volume
According to the BTI’s December report, the two largest exchanges by trade volume are Binance and Bitfinex, both of which the report asserts do not distort their volume through wash-trading. According to Coinmarketcap’s reported volume rankings, as of this writing, Binance ranks as the third largest by 24-hour volume, with Bitfinex positioned at 21st place.
The BTI estimates that Upbit is the third largest exchange, despite ranking 39th on Coinmarketcap, followed by 27th-ranked Kraken, 34-ranked Coinbase, 41st-ranked Bitstamp, 54-ranked Bitflyer, 62nd-ranked Poloniex, 50th-ranked Bittrex, and 55th-ranked Gate.io. As such, BTI estimates that only one of the top 20 exchanges by reported volume should be ranked in the top 10.
The report also takes particular aim at Okex, claiming to have found “just about all of their top 30 traded tokens to be engaging in wash trading.”
Wash-Trading Estimated to Comprise 80% of Reported Volume Among Top 25 Crypto Pairings
BTI’s December volume rankings report also analyzed the purported volume of the top 25 virtual currency pairings by reported trade activity, again finding Binance and Bitfinex to have accurately reported trade volume.
Wash-trading has been estimated to comprise 80 percent of reported volume among top 25 crypto pairings. The BTI also found wash-trading forms 99 percent of trade activity for 12 of the pairings, including Coinbene’s top-ranked BTC/USDT pairing, Oex’s fifth-ranked ETH/BTC pairing, Digifinex’s eighth-ranked BTC/USDT pairing, and Coinbit’s ninth-ranked BTC/KRW pairing.
The BTI estimated only one percent of the reported trade volume to be genuine for the top 25-ranking pairings hosted on Coinsbank, Ooobtc, Rightbtc, Dobi trade, Bcex, Simex, and Coinzest.
Of Adjusted Volume Rankings by Crypto Pairing, 30% Found to Engage in Wash-Trading
Based on BTI’s research, the most-traded cryptocurrencies pairing is Binance’s BTC/USDT pairing, despite ranking third on Coinmarketcap at the time of the report’s publication. The BTI asserts that all of the top five-ranked pairings by adjusted volume to have accurately reported trade activity, with Bitfinex’s then fourth-ranked BTC/USD pairing ranking as the second largest by volume, followed by 33rd-ranked BTC/USD pairing on Coinbase, Bitflyer’s 42nd-ranked BTC/JPY pairing, and Kraken’s 47th-ranked BTC/USD pairing.
Despite the BTI finding only a quarter of the reported volume for the BTC/USDT pairings hosted by Hitbtc and Huobi to be genuine, both pairings retained their rankings as the sixth and seventh most traded cryptocurrency pairings.
Upbit was found to accurately report the volume of its BTC/KRW pairing. According to BTI, the pairing ranks as the eighth-most traded cryptocurrency pairing, despite ranking 60th according to Coinmarketcap. The purportedly second-ranked BTC/USDT on Okex was found to comprise the ninth most traded cryptocurrency market, despite only 11 percent of reported volume having been found to be genuine. BTI found the then 82nd-ranked BTC/USD pairing on Gemini to comprise the tenth most traded market, also estimating reported volume to be accurate.
The BTI warns token projects against paying to list on exchanges suspected of wash-trading, arguing that the tactic is employed to entice aspiring crypto projects into paying exorbitant listing fees.
What is your response to the BTI’s December findings? Share your thoughts in the comments section below!
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The post BTI Claims Only Two of Top 25 Crypto Exchanges Accurately Report Volume appeared first on Bitcoin News.
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