Daily BTC transaction increased to levels 10-month-old

The number of daily transactions of Bitcoin (BTC) continues to grow, last week the average for the day amounted to 277 672, is a maximum of 10 months old.

According to Blockchain, the number of daily transactions reached a peak during the rally of December-January, when it was approximately 500 000. At least reduce the interest of investors and of prices in April, this number dropped to 135 000.

April daily transactions nearly doubled, to over the last few days values 300 000. At the same time Bitcoin was down, now the cryptocurrency fluctuates above the level of $ 6000, this is a high price level, because of the logarithmic analyses pointed to $ 5000.

During the same period, the cost per transaction or the remuneration of the miners, divided by the number of transactions, since January has declined steadily and is currently at the level of at least $ 36.

As the maturity of the bitcoin network, a network of altcoins are also beginning to gain momentum: 9 November, the number of transactions carried out on the network TRON, amounted to 1,367 million, surpassing the record of Ethereum in 1,349 million, recorded January 4, 2018.

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MobileGo ICO is one of the most successful blockchain projects the gaming industryAdvertising

MobileGO is one of the most interesting blockchain-recent projects. Despite the turmoil of recent times, internal and external, token MobileGO has been and remains a profitable asset, really bringing the holder. How is it that the whole market in the “red zone”, and MGO grow? All in good time.

The idea MobileGO belongs to the team known for developing coins GAME, which is designed for the computer games industry. In 2016, the team came to Sergei and Maxim Sholom. The new members it was decided to hold krausel and ICO MobileGO – a completely new project. MobileGO is, in fact, was a continuation and development of the ideas developed in previous projects. One of the main directions of the token, as you can tell from the title, became mobile, and computer games.

Another way to use tokens MGO was the platform of eSports, currently in development. Tokens were given the opportunity to participate in independent tournaments using peer-to-peer connection. This is implemented using smart contracts Ethereum.

MobileGO ICO has collected 53 000 000 dollars in may 2017. In the summer of MGO tokens could be bought at cryptocurrency exchanges. But then followed a series of operational errors and the split command.

Largely on hand MobileGO played HYIP cryptocurrency token jumped from about 59 cents at the start of sales to 1.89 dollars at the peak. Great support was given to the token and the updated plans now MGO is planned to integrate in the new gaming ecosystem GNation.

In the spring of the token adjusted and the team worked on the new partnership agreements. By the summer, when all other currencies continued to fall, MobileGO began to grow more than 500% over the past two months. By this point in the community were only truly loyal to the ideas of the project people. And now the developers have decided a little to please the community in November, will be launched airdrop. On the official website MobileGO to fast all the information about the distribution, so it’s worth to visit it. Further details can be found on the website of airdrop: https://airdrop.mobilego.io/

Now (2 November 2018) the token costs about 70 cents, making it one of the few altcoins that are more expensive than at the start of sales. Developers continue to actively support and to finish the project, so the growth of the MGO is provided.

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Jihan Wu had lost their voting rights in the Board of Directors Bitmain

The world’s largest manufacturer of equipment for mining Bitmain has reorganized, which resulted in the Jihan Wu lost his seat in the Board of Directors.

Now co-founder and shareholder of the company is no longer its Director and co-Chairman of the Board of Directors — local media claims that Wu remains as a member of the Supervisory Board and participate in polls on issues of operational management of the company will not accept.

This and other personnel reshuffle, obviously, due to the preparation for the IPO in any case, it is logical to assume that the departure of Wu from the operative management of the company needs to reassure potential investors who might be not happy with too great powers of the Creator and the owner of the company, at the same time he was its CEO.

Recall that Bitmain filed its preliminary application for IPO on the Hong Kong stock exchange in late September. In the document disclosed the company’s financial performance, but do not specify a number of details regarding the IPO. in particular, it does not indicate the number of shares to be placed, and a timeframe for placement.

According to the prospectus offering of shares and revenue Bitmain for 2017 is $ 2.5 billion, in 2016 — $ 277,6 million Revenue for the first half of 2018 amounted to $ 2,84 billion in gross profit last year was $ 1.2 billion, in 2016 — 151,3 million for the first half of 2018 — $ 1 billion.

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Anonymous bought a million litecoin. Now he owns the biggest LTC wallet

Last week, the Litecoin system has processed one of the largest transactions in its history. Someone bought 1.15 million coins LTC totaling $ 61 million. It is noteworthy, that the fee for the group transaction was only 50 cents

Looks like the funds have been reallocated from several outdated addresses to a new address with multipoles Segwit. Now it is the largest number of litecoin. The most money in the previous address reset, indicating the same owner.

As they say on AMBCrypto, transfer of legacy addresses were made in multiple transactions 20 thousand LTC. At least four of them had the remains of more than 150 thousand coins. Data about the owner of the wallets are missing. It is also unknown whether address one person or group of persons.

What are the advantages SegWit?

A deprecated address different from SegWit addresses of the transaction speed and security. Operations inside SegWit have lower Commission. The innovation allows for a “group” of transactions, which saves time.

Also worth noting is a new opportunity to change the unique identifier of the transaction in advance of confirmation. This allows users to mask the transaction, even if all prerequisites are met.

Recently appeared information about the upcoming update Litecoin Core 0.17, after which a Commission within the network of Litecoin was to fall ten times.

Today Litecoin is trading at $ 51. The capitalization of the coins exceeds $ 3 billion and a daily turnover of 375 million.

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“Kaspersky lab”, a Digital identity on the darknet you can buy for $1

According to a new study of “Kaspersky Lab”, the average value of the stolen digital user profile in darkwave is $ 1. Typically, the cybercriminals receive user profile information during phishing attacks and vulnerabilities in applications and software.

Experts “Kaspersky Lab” conducted a study of the darknet markets, which found that cyber criminals can sell “digital life” user for less than $ 50. This will include details of social media accounts, Bank details, remote access to servers or desktops, information from popular services and Uber, Netflix and Spotify, games resources, applications for Dating and porn sites. The price for one account hacked on average is $ 1. When purchasing wholesale make discount.

Today, “digital identity” is an essential asset for cybercriminals, as hypothetically they are able to take the money in debt or commit a crime on behalf of another person.

Usually theft of digital profiles takes place in the course of phishing attacks and use information and applications. After the success of such an attack, attackers get the password databases that contain email addresses and passwords to log into a particular service.

It is noted that some crooks selling user data on the darknet, even offer customers a lifetime warranty: if one account stops working, instead he will be given another completely free.

In October, the newspaper Independent reported that the darknet sites that sell data of more than 50 million users Facebook.

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SVK CRYPTO WITH MYLES SNIDER OF AURORA EOS – 262

https://www.podbean.com/media/share/pb-pk3et-9ee724

Today’s episode comes live from the EOS Hackathon in San Francisco with a special guest in Myles Snider the CEO of Aurora EOS. 

 

Welcome to the SVK Crypto, 15 Minutes of Crypto Fame, brought to you by your host, Charles Storry. We provide daily cryptocurrency content and analysis on topics such as Bitcoin, Ethereum, Altcoins and ICO’s.

 

We not only produce our daily content we feature CEO’s of all exciting ICO’s! Stay tuned to find out more!

 

If you’d like to stay in touch or get more info from me, please SUBSCRIBE to the channel and spread the good word!

 

Follow us on Twitter: https://twitter.com/SVK_Crypto

 

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Bitmain has lost $ 5.5 million because of an unknown hacker. Company sues

In addition to the difficult financial situation, Bitmain also has serious problems with hackers. Recently in the district court for the Western district of Washington there was a lawsuit in the case of an anonymous hacker who stole $ 5.5 million from the wallets mining giant. A situation occurred in April, but the official document representatives of the company filled in only recently.

Bitmain against hackers

As stated in the document, an unknown hacker under the name John Doe was able to obtain control over the company’s account on Binance. Bitcoins to wallet, Bitmain the offender used to manipulate the price Aldona Decentraland (MANA). After a few successful transactions anonymous brought their “profits”.

Lawyers Bitmain declare that the loss of the company “has exceeded 5.5 million dollars in Bitcoin and other digital assets.” According to them, crook “managed to steal almost 617 BTC”. The incident happened on April 22, the day the price of Bitcoin was $ 8935$ .

Part of the circuit the hacker is also listed in the lawsuit. The prosecution argues that the offender used two accounts of the exchange on Binance and two accounts on Bittrex (there were also 2.3 million coins MANA). Then John Doe manipulated the price Aldona placing buy orders “significantly above the market price”.

In other words, Doe inflated the local bubble, with the price of the asset. After other bidders have begun to act in their interests, the hacker leaked the unsuspecting traders a couple million MANA. For this price Aldona plummeted, and he got the opportunity to take the stolen cryptocurrency from the exchange to your wallet.

According to Cointelegraph, the damage from the hacking of exchanges in the first nine months of 2018, 2.5 times the statistics of 2017.

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SVK CRYPTO WITH HIGH FIDELITY LIVE FROM SAN FRANCISCO -261

https://www.podbean.com/media/share/pb-n6vrw-9ec4d5

Today’s episode comes live from San Francisco from the High Fidelity HQ with none other than Philip Rosedale the founder of High Fidelity!

 

Welcome to the SVK Crypto, 15 Minutes of Crypto Fame, brought to you by your host, Charles Storry. We provide daily cryptocurrency content and analysis on topics such as Bitcoin, Ethereum, Altcoins and ICO’s.

 

We not only produce our daily content we feature CEO’s of all exciting ICO’s! Stay tuned to find out more!

 

If you’d like to stay in touch or get more info from me, please SUBSCRIBE to the channel and spread the good word!

 

Follow us on Twitter: https://twitter.com/SVK_Crypto

 

Visit our website: http://www.svkcrypto.com

 

Email us: cstorry@svkcrypto.com

 

Telegram: https://t.me/SVKCrowd

SVK Crypto – Daily News Blog

THE SILICON BEACH RECAP – 260

https://www.podbean.com/media/share/pb-3w7ef-9ead4d

Today Charles Storry and Shane Kehoe recap their time so far in Santa Monica, California (aka Silicon Beach)!

 

Welcome to the SVK Crypto, 15 Minutes of Crypto Fame, brought to you by your host, Charles Storry. We provide daily cryptocurrency content and analysis on topics such as Bitcoin, Ethereum, Altcoins and ICO’s.

 

We not only produce our daily content we feature CEO’s of all exciting ICO’s! Stay tuned to find out more!

 

If you’d like to stay in touch or get more info from me, please SUBSCRIBE to the channel and spread the good word!

 

Follow us on Twitter: https://twitter.com/SVK_Crypto

 

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Telegram: https://t.me/SVKCrowd

SVK Crypto – Daily News Blog

Upcoming hardwork BCash untie the hash the war

With high probability BCash will face the hash war between supporters of the forks of the ABC and SV that can cause and even the split of the network.

Differences are in the two competing designs BCash: Bitcoin ABC, which intends to introduce many improvements, and Bitcoin SV, which focuses on a more structured approach and a significant increase in the size of the block.

SV is primarily supported nChain and CoinGeek, ABC has the support of Bitcoin.com, Coinbase, Binance and others.

Lead developer for OpenBazaar Chris Pacia (Chris Pacia) inclined to support users to fork ABC, adding that the network with the most number of users will be more valuable:

“Craig and his supporters coined the term “hash war” to the debate in their favor. In fact, the hash of the war does not exist. The hash will never be the determining factor that indicates how users appreciate the coin. War has always been for users. It becomes obvious that Craig loses it”.

However, from the point of view of the mining hash rate yet the result is not so straightforward, because the share CoinGeek and SVPool make up almost 30% the last 24-hour blocks.

Chief specialist nChain Craig Wright published against competing customer ABC series of tweets in which he predicted a complete failure:

“For the record. Many people like to see me as a Cassandra. Well, here’s another prediction: slow or fast, but we will win. I want people to understand what is Bitcoin. Even if I have over the year slowly pulling one Satoshi of value network ABC, we’ll do it. Without compromise.”

“If ABC remains at SHA256d and does not implement protection against replay, we use it. Until the network becomes weak, while at the global level, the coin will not stop minimise, as long as anywhere else will continue to work the last processor. If you think that I won’t get to the last developer with the processor to burn this last Bastion of hope, you just don’t know me! This is not revenge. It’s a lesson. And I’m going to burn it in the hearts and souls of all socialists of the ABC so that their grandchildren remembered! Have a nice day.”

The result of hard forks are still unclear, so not all of the parties involved assess threats to Wright as reasonable. Technical Director CoinText VIN Armani is convinced that the hash capacity CoinGeek and nChain is sufficient to cause significant damage. In his Twitter account, he called to prevent the hash war.

It is noteworthy that Armani drew attention to the potential threat posed by affiliated miners, who carried out the attack on the PoW network, causing a decrease in their market value.

The increased strife within the community suggests the need for improving management systems and consensus. For example, Dash had no such problems, as the network operates the voting system. Similar functions in other coins is able to resolve the differences to expand a hash of the war as the only possible option of resolving the dispute.

Hash war BCash demonstrates the fragility of the PoW algorithm. Recently launched mining pool has promised to intentionally create empty blocks of other cryptocurrencies to hurt the networks:

“The Shark Pool miners will mine only empty blocks, altcoins and thereby secure a profit of BCH.”

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