In Krasnoyarsk region will be the largest in Russia mining farm

As reported TASS with reference to Daniel Zakamaldina, General Director of mining company BitBaza, in the Krasnoyarsk region in Siberia will create one of the largest mining farms in Russia.

Sakamaki said that the region chose “from the point of view of energy security and cost reduction”. Investment in infrastructure is estimated at 3 billion rubles (about 48 million U.S. dollars).

There will be mining farm, one of the largest in Russia. Output is planned to create a product that will liquid mining, so the project is strategic. Krasnoyarsk region is a surplus of electricity. It industrial Park “Brave” has at its disposal three busbar connection to the national grid

Sakamaki noted that construction in the industrial Park has been ongoing for more than a month. According to Zakamaldina, originally a mining farm will consume 10 MW of electricity, then the consumption will be increased to 120 MW.

The project plans to attract specialists from the graduates of the Siberian state University. The heat generated in the process of mining, will be converted into heat energy and used for heating of residential premises.

Earlier this month in the Russian city of Orenburg, the interior Ministry officers arrested two people who were engaged in mining in this case, all consumed electricity was actually stolen from the local power grid. During the investigation, it was discovered and confiscated more than 6,000 ASIC-s with a total value of more than $ 9 million.

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Mastercard hires more blockchain developers

Mastercard announced on Thursday that it has hired 175 new developers , including experts in blockchain technology.

New developers will join the team Mastercard in Leopardstown, Ireland, where the headquarters of Mastercard Labs. They will be involved to create more efficient payment systems.

Sonia Gilan, Manager of Mastercard in Ireland, said that the company is working to expand access to financial services.

The projects on which we work, promote financial integration in the country and abroad. Their goal is to provide consumers, businesses and governments to the most innovative and secure payment methods.

This is a significant step forward in the direction of blockchain developments in this company.

In 2016, the company has released a set of experimental APIs based on blockchain technology, the purpose of which was “to give developers the opportunity to work on new technologies that have not yet been commercialized”. In October last year, the firm announced that it will use these developments to increase the speed of making payments.

Mastercard also works extensively in the patent field in the region blockchain.

In September last year, the company filed a patent for the blockchain system, which describes how to work with “orders, invoices and transactions.” Two months later, Mastercard filed a further patent application in which the blockchain is used to increase the speed of transaction.

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SVK CRYPTO PODCAST 121 – 13/04/2018 – What is Bitcoin Private?

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!

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SVK Crypto – Daily News Blog

Legendary footballer Luis Figo becomes the face of ICO

Legendary soccer star Luis Figo becomes the brand Ambassador of the next ICO project.

Portuguese footballer, winner of the award “Golden ball” (2000) and the title of best player in the world by FIFA (2001), will represent the company Stryking Entertainment, titled “football Stars”.

“When I first heard about the “football Stars”, I immediately liked the idea. Football analysis is becoming increasingly high-tech, so generalizing the experience of the fans will provide the platform to the market place. I’m happy to support an experienced team Stryking Entertainment and to talk about their platform, which allows fans to interact with teams and players they support,” said Figo in a statement accompanying the announcement.

With Figo, the company plans to popularize the token STRYKZ through the ICO, the details of which are yet to be published. The token actuates the fictional football network, which aims to promote a Fig, using their football connections.

Figo has joined the growing list of celebrities supporting the ICO. Lionel Messi became the face of Sirin Labs, Michael Owen has invested in GCOX, and Ronaldinho was promoting SportyFi.

Last month the eight-time world Boxing champion Manny Pacquiao signed a contract for the promotion GCOX , Singapore ICO, functionality which will allow the celebrities to create their own cryptocurrency.

Luis Suarez, another famous player, have used the power of social networks to advertise the platform for predictions Stox, who also conducted the ICO and is now estimated at $ 36 million.

Recently, the Commission on securities and exchange Commission (SEC) accused the founders of the Centra Tech fraud. The brand Ambassador of this project was made by American boxer Floyd Mayweather, who for a fee was supported by ICO in your Instagram.

The SEC has repeatedly warned investors that endorsed by celebrities ICO may be illegal. Also, the Commission notes that celebrity advertising the ICO may violate “the laws banning the advertisement of” if you do not disclose the fact that compensation for promoting the product.

The post Legendary footballer Luis Figo becomes the face of ICO appeared first on FineCrypto.


Top Crypto News – 13/04/2018

Kindred Spirits: Why Hardcore Early Adopters Are Dead-Set on Kik’s ICO


“I’m long-term bullish and short term I have no idea.”

That’s how Fred Wilson, a partner at Union Square Ventures and one of the most widely respected VCs working today, answered a question about the crypto market in general and specifically his outlook for Kin, the soon-to-be launched token created by the messaging app, Kik.

Wilson made the comment in a small event space on Prince Street in Manhattan, sitting in front of 28 people that Kik had flown in from 13 countries (including Japan, India and Australia), and all of whom seemed to be holders of Kik’s ethereum and stellar token.

Kik had brought them together to serve as the first wave of ambassadors for the new token, serving on Reddit, Telegram, Kik groups and anywhere people might want to talk about it.

So, when Wilson expressed that mix of confidence and uncertainty, he wasn’t just giving the latest market’s hot take; he aligned himself with a prevailing sentiment in the room, hope mixed with some confusion. A part of his role there seemed to be to induct Kik’s guests into an ever-widening circle of the true believers backing the new model for monetizing digital experiences enabled by kin.

“I wouldn’t say it was my idea, but I would way I was one of a group of people who collaborated on coming up with it,” Wilson told the room. “Obviously, I think it’s a great idea.”

Wilson spoke during the last fireside chat of the day, in conversation with CoinFund CEO Jake Brukhman.

CoinDesk had been invited to the event to interview Kik CEO Ted Livingston as the the two day event opened. During that conversation, Livingston described himself as a wreck two years ago, as the company lost marketshare to Facebook-owned products.

In Wilson’s telling, he helped bring his fellow investors in the company around to a crypto-led strategy, so that now Livingston could say:

“Our investors are very supportive, but it took us a while to get there.”

Faced with what he saw as the impossibility of monetizing a messaging app with ads amidst the Facebook-Google advertising duopoly, Livingston elaborated, “Our new plan was to develop a new economy around a new currency.”

An economy is, of course, one form a community takes, which helps to explain why Kik has invested in forging bonds between its early advocates, expanding the cadre from that early circle that sold the Kik board to a larger one that can sell lots of people using services online.

Here’s the funny thing about it’s early advocates, though: by and large, they don’t use Kik. During our interview with Livingston, we asked the crowd whether or not they were big Kik users before Kin came along. Only five or six raised their hand.

It’s remarkable because when Kik first unveiled this idea, many people viewed its existing audience as its unfair advantage over potential social crypto competitors.

Livingston volunteered, “Our users of Kik are largely unaware.”

Crypto Summer Camp

Arriving at the gathering on Prince Street felt a little like coming back to summer camp, with lots of people chatting with that peculiar spirit of reunion. Only it wasn’t a reunion – these people hadn’t met face-to-face before, they had spent a lot of time talking online.

And it was clear that certain levels of rapport had been established. This particular hit home during the (not really necessary) ice-breaking round when one community member in particular introduced himself. “Hi, I’m Dillon,” Baltimore’s Dillon King said. Everyone broke into applause. “And I don’t actually look like Yoda.”

Later we would learn that King is one of the most active voices on kin’s Telegram and Reddit channels. “I kind of play the role of the educator,” he told CoinDesk.

King was dressed like a lot of the guys at the gathering (it was very nearly all men), in a purple t-shirt and a black-zippered hoodie, apparently in tribute to Livingston, who wears those two things nearly every day. He said was glad to finally get to meet people from the Kik staff in a setting where they didn’t have to constantly speak as if cameras were rolling he said.

“In general I just wanted to meet everybody,” he explained.

We have known for a long time that people can build real bonds and relationships online as well as offline, but there’s other ways in which online life is not as much like the real world as it could be. And that’s the impetus behind kin: deepening digital reality.

“We want mainstream consumers to use cryptocurrency and we think the hardest problem with that is setting up a system, setting up an economy, in a place where they would actually use it,” Livingston told the room. That place is the internet, buying and selling for purely digital goods and services.

Livingston said they had focused on picking ambassadors who understood that there was a real opportunity in creating entirely digital markets. In fact, he took it so far that he said he hopes to see such robust digital markets that people quit thinking in kin-dollar or kin-yen terms, and instead thinking fiat terms in real life and kin terms online.

Just like people don’t think about exchange rates when they buy lunch from the corner burrito place.

As we spoke to ambassadors on the floor, it was clear that they still had questions about how a stable economy could rest on unstable crypto. “There’s things I don’t understand,” Australia’s Will Gikandi told CoinDesk.

Gikandi took advantage of every Q&A to pepper each speaker with questions. It was clear that he wants to believe it could all work, but he still doesn’t quite see how.

The money

Probably the biggest applause line of the whole day came when Livingston said:

“I’m not in this for a money, though I do think kin is going to be very valuable.”

It helps here to step back and revisit what Livingston believes is so big about the kin idea. He saw himself surrounded by peer companies that had successfully built communities but couldn’t make money. The idea of kin is to create a way for all those companies to monetize without ads or user fees.

Livingston describes that economy as having two pieces: a cryptocurrency and a software platform that can reward developers for creating active markets for that cryptocurrency.

The strangest part of this whole kin idea is that second part, called the Kin Rewards Engine (KRE), controlled by the non-profit Kin Foundation. The idea is that developers will try to build apps that encourage users to exchange kin with each other.

“We don’t want developers to charge consumers,” Livingston said. “We want to set up is what we call a consumer-to-consumer economy.”

So, someone might build an app where users send artists photos and pay them in kin to make drawings of them. The artist would keep all her earnings, but the KRE (which holds 60 percent of the kin that will ever be created) would pay the app’s developer every day relative to the amount of economic activity it created within the whole kin economy.

Wilson said that there’s lots of companies in his portfolio who would probably benefit from jumping on the KRE once its built, but he thinks there’s more opportunity with developers just having their first glimmer of an app idea now.

That said, USV is so convinced that in the future tech companies will earn so much in tokens that its begun negotiating what it calls “token exchange agreements” with the companies it backs. In these agreements, it would have the option to exchange its equity for tokens a company has earned from doing business (not what they generated by issuing them in an ICO).

One member of the audience wanted to know when developers could begin building business models around the KRE?

Livingston wouldn’t commit, but he did give his interlocutor a standard by which to hold him accountable. There’s three ways Kik has to lead, he argued. It has to have a blockchain that can support a million users, it has to have lots of regular consumers actually earning and spending in crypto and it has to have a functional incentives system (like the KRE).

If any other company starts to show traction in any of those three areas, that’s when kin backers should start getting angry.

“Who’s in first place. We have no idea. Nobody knows,” Livingston said, concluding:

“The race hasn’t even started yet.”

Photo of Ted Livingston welcoming kin supporters courtesy of Kik.
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Bitcoin in Brief Friday: That Green Candle (Fomonomics)


Bitcoin Makes a Move

Cryptocurrency Has Already Made You Rich – You Just Didn’t NoticeAfter days of stagnation, bitcoin finally made a move on Thursday and it was a biggie. The largest green candle witnessed in a month, big enough to wipe out a slew of shorts in an instant. When bitcoin wants to it makes like the wind, treating hodlers to all the thrills of riding the world’s giddiest roller coaster. In a single hour, a record $ 1.2 billion of BTC was traded. Previous bitcoin breakouts have proven to be damp squibs, so while optimism remains, traders aren’t holding their breath.

Altcoin Roundup

Cryptographic researchers claim to have found vulnerabilities in a group of privacy coins that includes zerocoin and PIVX.

Coinsheets writer Dmitriy is tweeting 100 days of shitcoins in which he appraises a bunch of alts in a tweet apiece.

EOS has been one of this week’s big gainers, and is one of the few coins to be up in 2018. A number of reasons have been postulated for its sudden gains including an upcoming airdrop and imminent mainnet launch.

Bitcoin in Brief Friday: That Green Candle

One critic who’s not feeling those EOS vibes is Jackson Palmer, who complained: “People don’t seem to realize that there is no actual EOS “network” that the ERC-20 tokens can be redeemed on. They’re just releasing the code and there will be *multiple* networks/blockchains you can then hopefully redeem some sort of other token on. It won’t be “EOS” though.”

Crypto Scammers Are Getting Smarter

How’s this for an ingenious way to load up on gas?

Bitcoin in Brief Friday: That Green Candle

Bittrex Reopens Registrations

This week Bittrex reopened new user registrations. Then it closed them again after being swamped by demand. And now it’s opened them again, this time for good hopefully.

Finally, crypto has a new word: fomonomics, the art of studying Google search trends to identify when the masses are about to FOMO into bitcoin again.

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Indian Exchange Coinsecure Claims Insider Job in $ 3 Million Bitcoin Theft



Indian bitcoin exchange Coinsecure has disclosed a theft of 438 bitcoins, valued at approx. $ 3.4 million at press time, from its wallet in what is the country’s biggest cryptocurrency theft to date.

Delhi-based cryptocurrency exchange Coinsecure has accused its own CSO of stealing the coins from the company’s wallet in an FIR (First Information Report) filed with the police on Thursday. In an announcement on its homepage, the exchange said some of its bitcoin funds had “been exposed” and “seem to have been siphoned out to an address” that is beyond its own control.

Coinsecure insists its own systems haven’t been compromised nor hacked. Instead, the exchange points to the unconvincing claim of its CSO, Amitabh Saxena, who contends the theft occurred during a separate “exercise to extract BTG (Bitcoin Gold)” to distribute among its customers.

Coinsecure wrote:

Our CSO, Dr. Amitabh Saxena, was extracting BTG and he claims that funds have been lost in the process during the extraction of the private keys.

According to the police complaint (pinned below), Coinsecure CEO Mohit Kalra, who holds the private keys for the company’s wallets along with the CSO wrote: “On 9th April 2018, we were informed by our CSO, DR. Amitabh Saxena, that 438.318 bitcoins (worth INR 19 Crores – Approx.) were stolen from our company’s bitcoin wallet due to some attack.”

Notably, he added in the complaint:

As the private keys are kept with Dr. Amitabh Saxena, we feel that he is making a false story to divert our attention and he might have a role to play in this entire incident. The incident reported by Dr. Amitabh Saxena does not seem convincing to us.

In a separate statement to the Times of India, the chief executive revealed that the private keys were exported online. “It looks like a crime committed intentionally,” he added. “We have shared our suspicions with the Cyber Cell and contacted specialists to find out the source of the hack and trace the bitcoins.”

Coinsecure recruited Saxena as its Chief Scientific Officer in September 2017, citing credentials as a professor of Computer Science in Australia and previous tenures at Hewlett Packard (HP) and Accenture. “Doc comes with an extremely strong understanding of the crypto space and has a lot of ideas and implementations that he will be bringing to Coinsecure,” the exchange said at the time, pointing to his scientific research articles on the blockchain space.

In his complaint, chief executive Kalra also stressed that the CSO might be a flight-risk, asking the police to seize his passport to keep him from flying out of the country.

Meanwhile, Coinsecure insists it will recover and reimburse customers who have seen their funds stolen.

The exchange said:

Irrespective of funds being recovered, we re-assure all our customers that you will be indemnified from our personal funds.

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Beyond Banking: R3 Is Expanding Its Vision for Global Blockchain


R3 may have started as a consortium of banks looking to use blockchain technology, but it’s broadening its ambitions.

Now a startup whose staff numbers in the hundreds, R3 is proposing its distributed ledger technology platform, known as Corda, be used to link together a wide range of businesses, not just financial ones. The core idea is similar to the one originally pitched: if companies share data and assets with each other on Corda, they can ax duplicative processes and trust that they are all on the same page about who did what.

In an example offered by R3 CTO Richard Gendal Brown, airlines, travel agents and hotels around the world could reach consensus on which plane seats and rooms have been booked, knowing that the data being shared is the same for everyone all the time.

Taking this idea further, R3’s platform lead Mike Hearn claims Corda would power a future “automatable economy” where bots help to run supply chains.

“When we stepped back and looked at what we had built, we saw something that was far more broadly applicable,” Brown told CoinDesk, adding:

“It’s the freedom and power that comes from knowing that what you are looking at either as a human or a business or even some sort of futuristic robot – is not only correct, but it’s current, and it is shared with your counterparts.”

While Brown said Corda has attracted interest from a variety of industries (“people in insurance, people in healthcare, people in government, energy – you name it”), the new positioning of the platform comes at a time when the dust appears to have settled after 2016’s hype about corporations exploring blockchain.

All eyes are now looking for delivery.

Meanwhile, rivals such as the Hyperledger consortium, with the help of IBM, are courting seemingly every sector and business line with some flavor of enterprise blockchain solution.

For R3, it’s a pivotal time, as the startup is finalizing the first commercial distribution of the open-source Corda platform, targeted for the end of the second quarter. This paid product will be widely available to businesses, beyond consortium members.

Open, but private

While R3, one of the first companies to promote the idea of members-only blockchains, is moving toward a more inclusive model, it’s not going whole hog.

Rather, Brown describes the vision as “an open shared network – but still private, secured and permissioned.”

The R3 Corda team were inspired by ethereum’s goal of participants all running the same business logic while getting rid of silos and friction between different applications, he said.

However, the global broadcast design of public blockchain networks, while perhaps necessary in a trustless system like bitcoin, is unpalatable to enterprises.

“My critique of some of the enterprise blockchain platforms is that being originally inspired by a full broadcast system, I would argue that often they share too much,” Brown said.

To address this problem, the governing Corda design sought to minimize the amount of data that has to be shared among participants, while convincing someone that something is true.

Corda will not show data up front, Brown said, but will send a piece of evidence to convince the other parties about a fact or set of facts, regardless of whether it’s to do with banking, hotels or airlines.

‘Demilitarized zone’

Aside from keeping data private within the Corda network, sharing it via the internet presents another, more immediate problem. Most companies have their own highly secured data centers, and run their existing applications on their own infrastructure behind lots of firewalls.

“The data that actually matters, the data that you want to bring into consensus, is hidden deep inside data centers of banks and large firms,” Brown said. “This necessarily involves the opening of connections between these firms and sharing data, over the public internet.”

Simply putting an enterprise blockchain node on the internet, as one would do with a bitcoin or ethereum node, is insufficient at best and possibly hazardous, he said.

“Firstly, it’s nowhere near the corporate data, and second what happens if it gets hacked? That’s a big attack surface.”

To reconcile this, the Corda node, which needs to be close to the systems of the bank or the manufacturer or the airline, runs there on existing servers or on cloud infrastructure owned by that firm, securely managed in a way that these firms know how to do, Brown said.

But a small part of the node that needs to be able to connect to the other firms and receive connections from them has to be visible on the internet.

“We take a tiny bit of the node – we call it the float – and allow it to float out away from the main node and just sit out in the demilitarized zone as they call it,” Brown said.

This piece of the node is “very small, very hardened, very protected,” Brown said, adding:

“That’s the bit that is exposed to the bracing winds of the internet,”

In this way, Corda nodes are connected yet stay protected.

“The main business logic runs where it matters inside the organization and a tiny highly secured piece floats out onto the internet and is responsible for all communication,” Brown said.

‘Working insanely hard’

Ahead of the commercial release of Corda expected this quarter, R3 has just shipped version 3.0 of the free open-source version, which features what Brown calls “wire stability.” This gives developers the same certainty about their data that API stability did for their code.

“One version of a Corda 3 node deployed to a network will be compatible with any future version of Corda, so that you don’t have to upgrade the whole network,” Brown said.

Asked if he has detected any loss of appetite in the enterprise blockchain space, Brown said: “No, not really. Of course you might expect me to say that. But here’s why – because what I see is developers working insanely hard” in response to demand.

“Regarding the commercial version of Corda we are offering, I am being asked every day when is that going to ship,” he added, concluding:

“Maybe this is not visible from the outside, but the people who are preparing to launch major initiatives and go live, they are so heads down on delivery and execution they are not making much noise yet externally.”

R3 office image via CoinDesk.
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SVK Crypto – Daily News Blog

SVK CRYPTO PODCAST 120 – 12/04/2018 – How much is 1 BTC really worth?

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:

Visit our website:

Email us:



SVK Crypto – Daily News Blog

The largest cryptocurrency exchange, Japan’s BitFlyer tightens the verification procedure

BitFlyer, a major Japanese bitcoin exchange, announced April 12 that the process of “know your customer” will be complicated in connection with which was recently hit by criticism from regulators.

According to the company announcement, starting April 26, users registering online, you will not be able to send cryptocurrency assets or withdraw Japanese yen, while their identity and address will not be confirmed. The verification procedure will now be carried out by receiving a letter from the exchange that is sent to the user-specified address. Payment for goods in bitcoin through the service BitFlyer will also be disabled until the confirmation of identity.

Such actions on the part of the exchange are a response to criticism of the Agency for financial services of Japan (FSA). The regulator has expressed concerns about possible fraud during the passage of the identity check on the bitFlyer platform.

The fact that the exchange allowed users to start trading immediately after submitting scanned copy of any identity document. Financial regulator of Japan does not believe these measures are sufficient in the fight against money laundering.

Despite the fact that the exchange denies its dismissive attitude toward the rule of “know your client”, she went to meet the FSA requirements.

Changes on the exchange occur during the scrutiny of the Japanese regulator, the internal cryptocurrency exchanges in respect of their anti money laundering and compliance with business registration.

Just yesterday, the FSA fined cryptocurrency platform Blue Dream, which is still in the process of applying for a business registration in FSA. The exchange was ordered to suspend its activities until June 10. The FSA said that Blue Dream broke the rules protect clients, not giving them all the necessary information about their own cryptocurrency Coin BD.

Over the last few days this is the third cryptocurrency platform fined by the financial regulator. It seems that the fight against money laundering in Japan has become a priority for the FSA.

The post The largest cryptocurrency exchange, Japan’s BitFlyer tightens the verification procedure appeared first on FineCrypto.


Epic Fail: Russia greedy miners lost farm value of $ 9.3 million

Employees of the interior Ministry of the Russian Federation with the power support of fighters of Regardie detained two men who organized in the territory of one of the abandoned factories of Orenburg underground farm for mining cryptocurrency.

To locate a farm managed in a banal way — on the trail induced the employees of energy companies that went to the police with a statement that recorded a large loss of power.

Your visit to the mining-farm law enforcement authorities recorded on video:

On the territory of an abandoned factory of rubber technical products of the interior Ministry was discovered and seized more than six thousand units of equipment connected to the mains and power supply cables leading to the substation located nearby. Judging by the photo published by the media, Bitcoin is mined by miners from Bitmain Antminer S9 whose market value is about $ 3000 per unit.

The news of the exposure of the largest in the Volga Federal district of the underground mining farm first appeared in the media a month ago, but only on April 11 this fact was confirmed by the official representative of the Ministry of internal Affairs of Russia Irina Wolf.

Against the “owners” of the farm initiated a criminal case under article 165 of the criminal code of Russian Federation (“Causing property damage by deception”) on the basis of theft of electricity in amount of 60 million rubles.

However, if you believe Orenburg TV channel “Region”, true farm owners among those detained was not. Investors live in the UK, and the local “Director” for a long time is wanted. Most likely, the money received from sponsors to pay for the electricity he put in his pocket, and brought suspicion. Channel sources tell us what a wonderful lifestyle recently led the farm Manager bought an expensive foreign car, visited foreign resorts, walking in a big way in restaurants and clubs.

Likely to take the rap for it and investors will have a simple “watchmen” one of the largest mining farms in Europe.

The post Epic Fail: Russia greedy miners lost farm value of $ 9.3 million appeared first on FineCrypto.


SVK CRYPTO PODCAST 119 – 11/04/2018 – Ripple investing into Blockchain Capital?

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:

Visit our website:

Email us:



SVK Crypto – Daily News Blog

Cryptocurrency wallet Ledger now supports Monero

Lead developer Aldona Monero (XMR) Ricardo Sanji said that cryptocurrency wallet Ledger will soon begin to support Monero.

During an interview for one of the episodes of the podcast Doug Polk on April 9, Sanji said that the integration of “already” happened.

If you are using a dev kit, you can use Monero with Ledger. Today it was still a couple of commits that should solve the minor problems… I hope that with the release 0.12.1 Monero will be the official support Ledger”.

Recall that just a week ago Monero made a hard fork to do the impossible, this cryptocurrency mining using ASIC-s.

Spanje previously promised “to do everything in his power” to small miners would still mine the cryptocurrency. Supporters of ASIC-s were forced to create alternative versions of Monero by forks.

Among them Monero and Monero Original Classic. According to Google Trends, both of these new altcon enjoyed considerable popularity among speculators.

Not to say that support Ledger did not affect the price of XMR. However, the effect was significantly smaller than expected by investors of the cryptocurrency. On 11 April, the price rose about half a percent and is now hovering around $ 166.

Meanwhile, users Ledger temporarily unable to access their funds in a Bitcoin Cash. From 9 to 11 April, all balances in the currency wallets in the Ledger was incorrect.

The new version of Bitcoin-ABC (Cash Bitcoin node) is incompatible with our parser. As a result, the balances shown in the Ledger wallet, is wrong.

The company promises to solve this problem today April 11.

Full podcast episode:

The post Cryptocurrency wallet Ledger now supports Monero appeared first on FineCrypto.