Alex Sunnarborg Altcoin News augur DApp Ethereum News 

There’s Less than $100k at Stake on Ethereum Gambling DApp Augur

Tetras Capital Founding Partner Alex Sunnarborg has revealed that decentralised gambling platform Augur is suffering from the same lack of volume that continues to plague the decentralized application (dApp) ecosystem at large. Reacting to the platform’s weekly report released on January 9, Sunnarborg stated that the total volume of active markets on Augur is, in fact, less than $100,000. In the report, Augur placed the total value of bets placed on the platform at $2,040,934.63 (13,451 ETH). This value was achieved across a total of 1,724 markets. Writing on Twitter,…

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51% Attack Altcoin News dash Mining nicehash 

Single Wallet Owner Possesses 51% of Hashrate

The NicheHash crypto mining marketplace contains the majority of the hashpower on the Dash network. A concerned Reddit user raised the alarm today. Single Miner Mining More Than 50% of All Dash Blocks Source: CoinWarz Dash has a total of almost 1,900 Terrhashes per second at time of writing. Meanwhile, NiceHash is responsible for more than 1,000 TH/s across over 25,000 miners. Over $2.2 Million Earned by Single Miner Analysis by the concerned Reddit user found that three of the top addresses over the last few thousand Dash blocks are…

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Altcoin News asic Bitcoin Scams BitConnect John Bigatton Madelin Bigatton 

Regulators Freezes Assets of BitConnect Promoter John Bigatton

John Bigatton, the only representative for BitConnect Australia, has had his assets frozen by the  Australian Securities and Investments Commission (ASIC), functions very similarly to the Securities and Exchange Commission in the United States. Bigatton can’t travel, as part of the ongoing investigation. In the video below, Bigatton celebrates with BitConnect victims as cash rains to a Star Wars theme. From Financial Advisor to Alleged Crypto Scammer Bigatton is also a director and shareholder in BitConnect International. BitConnect as a whole is under investigation by several international bodies, including the…

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Altcoin News Altcoin Prices Binance bittorrent Justin Sun tron TRX 

TRON Cryptocurrency (TRX) Plows into the Green as Bitcoin Price Stagnates

After a continuous flow of positive news from the TRON Foundation, the TRX coin is outpacing the rest of the top 35 currencies with 24-hour growth of over 7%. Bitcoin (BTC) is up less than 1% today. TRON has reported anything from achieving major blockchain milestones to an ever increasing number of dApps on its chain in recent weeks. TRON Price Over the Last Month Source: Trading View What might be triggering TRON’s current rise, however, is that BitTorrent will sell its token on the Binance Launchpad. The TRON Foundation…

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Altcoin News Cardano Ethereum tron 

The Top 10 Cryptocurrencies Aren’t The Most Actively Developed

CoinCodeCap.com keeps track of the development activity of dozens of cryptocurrencies. Bitcoin is the 52nd most active cryptocurrency in terms of development, though it is the most active in terms of daily trading volume. It also has the largest market capitalization by far, and arguably more liquidity than several national currencies around the world. The top 10 cryptocurrencies do not necessarily line up with the most actively developed. The top 10 most active development teams in cryptocurrencies tracked on the site are: Cardano (ADA) Augur (REP) 0x (ZRX) Ethereum (ETH)…

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Altcoin News Ethereum jed mccaleb ripple Stellar tron 

Stellar, Ripple Co-Founder Jed McCaleb

Jed McCaleb According to Stellar, Ripple, Mt. Gox, and e-Donkey co-founder Jed McCaleb, Tron is “just garbage.” McCaleb, who forked away from Ripple to create Stellar due to personal differences with the mission of Ripple’s corporate board at the time, also feels that the crypto market is doing well. He pointed out to Yahoo! Finance that it’s “way way up” even if it’s had some turbulence over the course of 2018. McCaleb was asked over the phone what his takeaways are from crypto space “beyond the price.” McCaleb said that…

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Altcoin News Exchanges kraken ripple Ripple Labs Ripple News XRP XRP symbol 

Kraken Wades into XRP Cryptocurency Naming Debate

As Kraken adds XRP margin trading, it appears to have been drawn into a Ripple versus XRP naming debate that first emerged earlier this year. How the debate began with Kraken is unclear, but Kraken tweeted in an obvious response to a reference to its adding “Ripple XRP” to the platform and a recent blog post announcing the additions of XRP and Bitcoin Cash (BCH) to its margin trading offering. There does seem to be some ambiguous, and maybe tongue in cheek requests to buy “Ripple” shares rather than XRP…

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Altcoin News Ethereum News 

‘Yahoo of Crypto:’ Bitcoin Economist Makes Case again Ethereum

Tuur Demeester, Founder of Adamant Capital Ethereum is at best a $13 billion “science experiment,” believes Tuur Demeester. The Austrian economist, known for his anti-Ethereum remarks, explained why he has been overly pessimistic about the blockchain project in a 50-pointer thread. A majority of these points referred to the Ethereum team’s earlier promises of improving the main chain’s scalability. Ethereum Can’t Scale? Demeester, for instance, touched upon a peer review report of Ethereum’s Casper/sharding whitepaper, a solution that was proposed to scale the mainnet in 2014. The review, as the…

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Altcoin News Craig Wright Patreon 

Smart Contracts are What is Needed for Alternatives to Patreon: Craig Wright

The chief scientist of blockchain firm nChain, Craig Wright, has indicated that Bitcoin could one day emerge as a major means of making automated payments for subscription services, similar to Patreon. Asked by YouTuber ‘Philosophie Workout’ whether it would be possible to pay for subscription services such as Patreon on a regular basis, Wright answered in the affirmative. According to Wright this would require the use of smart contracts. Wright said: What we need are people creating new apps, new smart contracts, new formats… nChain’s chief scientist then added that…

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Altcoin News Bloomberg Stablecoins Tether usdt 

Stablecoin Company Tether Ltd. Made $6.6 Million in Interest from January to July 2018, Report Does Not Confirm Full Cash Reserves

An investigative report by Bloomberg News has revealed that Tether makes a substantial amount of interest on its US Dollar reserves. The US Dollar reserves are kept in banks across several jurisdictions including Canada, the Bahamas and Puerto Rico. According to bank statements seen by Bloomberg, Tether earned at least $6.6 million in interest between January 2018 and July 2018, which potentially raises a question about whether Tether’s operating practices should benefit the company more than its users. The report further reveals that while Tether may in fact have the cash reserves…

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