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Everyday, I bring you the most important CryptoNews so you can stay updated with the latest developments.
- Bitcoin Gold: What to Know About the Blockchain's Next Split
- Intel Partners With Ledger to Integrate Bitcoin Wallet Software and SGX Tech
- Overstock to Release Blockchain Product to Curb Naked Short Sales
- DHS Issues Public Warning on Hackers Targeting US Public Infrastructure
- Russia Promises Regulation Will Not Kill ICOs
- BTC Trading Update by @cryptopassion
🗞 Bitcoin Gold: What to Know About the Blockchain's Next Split
In short, bitcoin gold aims to achieve two goals:
First, bitcoin gold wants to change how mining works by making it so the most powerful mining machines (called ASICs) can no longer be used.
Second, by attracting more people to this system over time, it hopes to free the bitcoin network from the large companies that offer these products, and it argues, command undue influence on the network.
Differences include:
The bitcoin gold cryptocurrency is set to be created in advance (prior to the code being open-sourced to the public).
About 1 percent of the total cryptocurrency tokens mined before the blockchain goes public will be used to pay the bitcoin gold development team.
Once this distribution is over, the team claims it will launch the cryptocurrency so that users can redeem their coins.
Read more & Source: https://www.coindesk.com/bitcoin-gold-know-blockchains-next-split/
🗞 Intel Partners With Ledger to Integrate Bitcoin Wallet Software and SGX Tech
"Following the launch of a line of hardware wallets based on our operating system integrated in a secure chip, working with a leading player like Intel is a unique opportunity to keep providing our growing client base with innovative solutions for cryptocurrency and blockchain applications," Eric Larchevêque, Ledger's CEO, said of the partnership.
Read more & Source: https://www.coindesk.com/intel-ledger-partner-cryptocurrency-storage-integration/
🗞 Overstock to Release Blockchain Product to Curb Naked Short Sales
After three years of development, a subsidiary of the U.S. retailer now has a tool to let short-sellers identify and borrow shares they want to trade against, instead of shares they might not actually possess. Called a Digital Locate Receipt (DLR), the technology based on the company's tZERO platform appears to be designed to curb the practices of so-called naked short selling in which investors trade on stocks they promise to borrow, but do not.
"All DLR creations and purchases are registered to the blockchain creating a permanent order trail and accessible digital record."
Read more & Source : https://www.coindesk.com/overstock-release-blockchain-product-curb-naked-short-sales/
🗞 DHS Issues Public Warning on Hackers Targeting US Public Infrastructure
Whenever a US agency launches a public warning regarding an imminent threat, people need to heed the government’s words. Most recently, there has been growing concern over hackers targeting local energy and industrial firms. If any of these attacks were successful, the US public infrastructure would be affected in a severe manner. We can only hope things don’t unravel to such a degree, although it is still a very real possibility.
Read more & Source : https://themerkle.com/dhs-issues-public-warning-about-hackers-targeting-us-public-infrastructure/
🗞 Russia Promises Regulation Will Not Kill ICOs
Russia’s First Deputy Prime Minister Igor Shuvalov promised not to let initial coin offerings (ICOs) in Russia “die” because of regulations last week. Despite bills being prepared to regulate them, President Vladimir Putin has said that ICOs hold “tremendous potential” and should not be obstructed.
Read more & Source : https://news.bitcoin.com/russia-regulation-icos/
BTC Trading Update by @cryptopassion
As foreseen in my previous publication ( BTC - Will test soon the support line ), we are testing the long term support line :
The hard fork related to Bitcoin Gold is now done as the block 491407 has been reached. The immediate effect is that most of the altcoins are green today. Let see what will happen to the Bitcoin in the coming hours. In all the cases, we will have soon a important break out in one of the direction as we are arriving at the end of the triangle.
🗞 Daily Crypto News, October 23rd 💰
🗞 Daily Crypto News, October 22nd 💰
🗞 Daily Crypto News, October 21th 💰
🗞 Daily Crypto News, October 20th 💰
🗞 Daily Crypto News, October 19th 💰
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