The Company Behind Zcash Announces Proposed Solution to Trusted Setup

Electric Coin Company (ECC), which launched and supports the development of privacy-coin Zcash recently published a paper called: Halo: Recursive Proof Composition without a Trusted Setup. On Sept. 10, ECC announced in a blog post that engineer and cryptographer Sean Bowe had discovered a way of “creating practical, scalable and trustless cryptographic proving” techniques, which …

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Crypto Market Plummets $58 Billion as Major Coins Fall 30% in Bloodletting

The crypto market is undergoing a major correction on Thursday’s trading. | Source: REUTERS The global cryptocurrency market lost $58 billion in a flash crash on Thursday morning as bitcoin makes a retreat. The combined value of the world’s cryptocurrencies dropped from $386 billion to $328 billion – a 14.9% loss overall. Just hours previously …

Crypto Market Plummets $58 Billion as Major Coins Fall 30% in
Bloodletting
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UAE Now Has A Local-Based Exchange

Bitex has officially opened its Cryptocurrency exchange services in the United Arab Emirates (UAE) to become the latest Crypto trading platform in the country. The new exchange is expected to allow the locals to buy the listed coins on its platform using the local currency. UAE has been working towards regulating the Crypto sector with …

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A closer look at a password storage issue affecting 3,420 customers

We recently began emailing 3,420 Coinbase customers to let them know that a bug on our signup page resulted in some registration details being stored in clear text in our internal web server logs. While we are confident that we’ve fixed the root cause and that the logged information was not improperly accessed, misused, or …

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Should you Pre-Order an Obelisk GRN1 ASIC for GRIN? – Pros and Cons

Obelisk, a fairly new ASIC manufacturer based on the US, announced the pre-sale of their first ASIC for GRIN Coin. During the pre-sale, the company charges $3,000 USD per unit. Once the pre-sale ends, the price will rise to $6,000 USD per unit. The estimated performance of the miner is 100 GPS at 800 W, …

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Tether: A Necessary Evil, Or Crypto Salvation?

It is one of the most controversial topics this year. Tether has been in the news for months. New projects, scandals, and lawsuits involving USDT have made headlines in 2019. Despite all of that, it is still the most powerful stablecoin. This story consists of accidental creation of 5 billion of USDT, problems with New …

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Why Blockchain built the crypto exchange of its dreams

We are crypto users first. That mindset has been at the heart of every product we’ve launched since we started building in 2011 for the crypto community. We built the first block explorer to visualize data and the first API to make it easy to build applications in the crypto space. We brought noncustodial wallets …

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How Profitable is it to do Ethereum Cloud Mining?

Ethereum which was launched in 2015 has now emerged as one of the leading cryptocurrencies in the market. The question, however, remains whether it is still easy to mine this cryptocurrency after three years. So, to know whether cryptocurrency mining is profitable or not, you will need to consider costs of installing and maintaining the …

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Bitcoin price (BTC/USD) hovers around $10,600 as rally stalls

The Bitcoin price (BTC/USD) rally has stalled near the $10,600 mark, but the original cryptocurrency’s share of the market keeps rising. The digital coin had a rocky trading session yesterday, as it momentum started waning after five days of gains. The coin experienced a number of swing throughout the day, with its price mostly moving …

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