- Ethereum Has More Than Twice as Many Core Devs per Month as Bitcoin: Report ;
- Onecoin Leaders Indicted in the U.S. for Operating 'Fraudulent Pyramid Scheme' ;
- Ethereum Block Count Spikes as Difficulty Bomb Diffuses on Schedule ;
- German Financial Regulator Issues Paper on Blockchain Securities Regulation ;
- Making Progress: Clarifying Crypto And ICO Rules In Japan ;
- 📑 Daily Crypto Calendar, March, 9th 💰
- STEEM Trading Update
Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!
🗞 Ethereum Has More Than Twice as Many Core Devs per Month as Bitcoin: Report
Ethereum (ETH) has the most developers working on its base protocol of all cryptocurrencies, not counting community project developers, according to a report by crypto asset management firm Electric Capital. The report was published in a Medium post on March 7.
Per the post, the company fingerprinted over 20,000 code repositories and 16 million commits to obtain data, which reveals that on average 216 developers contribute code to ETH repositories every month. The company also specifies that this data “is undercounting the number of Ethereum developers since we do not include ecosystem projects like Truffle.”
🗞 Onecoin Leaders Indicted in the U.S. for Operating 'Fraudulent Pyramid Scheme'
On March 8, the Department of Justice and the U.S. Attorney’s Office Southern District of New York (SDNY) announced that officials have indicted two of the top leaders of the notorious Onecoin project. The prosecutors charged Onecoin cofounders Konstantin Ignatov and Ruja Ignatova with a slew of charges in connection with defrauding investors. Konstantin Ignatov was also arrested in Los Angeles and appeared before a judge in California.
"Additionally, Onecoin Ltd. has claimed to have a private “blockchain,” or a digital ledger identifying Onecoins and recording historical transactions — The investigation has revealed that Onecoin lacks a true blockchain, that is, a public and verifiable blockchain".
🗞 Ethereum Block Count Spikes as Difficulty Bomb Diffuses on Schedule
The rate at which new transaction blocks are being added to the ethereum blockchain is back on the rise after the network’s successful upgrades, Constantinople and St. Petersburg, last week.
According to blockchain analytics site Etherscan, the daily block count increased more than 1,500 blocks within a 24-hour period after the upgrades, implemented as hard forks, were accepted onto the main network.
The spike in block numbers is a direct result of Ethereum Improvement Proposal (EIP) 1234 activated last Thursday, which was designed to effectively disable a piece of code in the software known as the “difficulty bomb,” for a period of 12 months. Meant to encourage the platform to transition to a new proof-of-stake (PoS) consensus algorithm, the code has incrementally been increasing the mining difficulty of the ethereum network and slowing block creation since December of last year.
🗞 German Financial Regulator Issues Paper on Blockchain Securities Regulation
The German Federal Ministry of Finance has published a key issues paper on the treatment and regulation of blockchain-based securities, according to a ministry announcement on March 8.
In the paper initially released on March 7, the regulator discusses the introduction of regulations for electronic securities and the issuance of crypto tokens. The document stipulates that the regulation of electronic securities should be technology-neutral, which means that they could be based on blockchain, or distributed ledger technology (DLT).
🗞 Making Progress: Clarifying Crypto And ICO Rules In Japan
The Japan Cryptocurrency Business Association (JCBA) is weighing in with ideas as the nation's financial services regulator works out new regulations for ICOs and cryptocurrency. The trade group says it wants to aid in "the sustainable development of cryptocurrency business[es]" in Japan. This group, comprised of crypto exchanges, banks, insurance companies, and associated businesses, also wants to educate business professionals and the public at large about the budding crypto ecosystem and related technology such as blockchain.
📑 Daily Crypto Calendar, March, 9th 💰
- Pundi X (NPXS), Pundi X NEM (NPXSXEM)
Deposit NPX / NPXSEM into XWallet to join the distribution scheme from March 10, 2019 - May 31, 2019.
- Monero (XMR)
The upcoming scheduled protocol upgrade of March 9 is intended to fork at block height of 1788000.
- Waves (WAVES)
"Next week, all holders of Waves Community Token who hold at least 10 WCT in their wallets will receive 100 WRT."
- Lethean (LTHN)
"We are in the process of finalizing the next wallet update, which should be released next week."
STEEM Trading Update by my friend @cryptopassion
Here is the chart of yesterday :
Here is the current chart :
It looks like the consolidation from the big UP of yesterday is already stabilizing and trying to start a new UP again. If it is the case, it would have been a very short and small consolidation so I prefer stay careful and look what will happen in the coming hours. On this kind of break out, a pull back on the broken line is usual but not mandatory so stay carefull till we didn't break the previous UP.
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