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Microsoft and Intel Introduce Ethereum-Based Token Under EEA’s New Initiative

In what seems to be cooperation between two of the biggest organizations in technology, Microsoft and Intel have indicated their willingness to back the reward token of the Enterprise Ethereum Alliance which is the сryptospace’s first open standards association which sets the standards for Ethereum’s blockchain architecture.The token was revealed at the annual Ethereum developers conference taking place in Osaka, Japan (Devcon 5) as a means of providing compensation for those who are involved...

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Telegram Vulnerable to New Form of Crypto Malware

Telegram is once again in the news, only this time, it doesn’t have to do with some fancy new partnership. The encrypted chap application is being used by hackers looking to potentially steal cryptocurrency.Telegram Has Had Its Ups and DownsThe thefts are occurring through a new form of malware known as the Masad Stealer, which searches through internet cookies, browser passwords and clipboard data. Hackers in charge can replace with data of their own, i.e. bitcoin or cryptocurrency addresses...

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Telegram Partners with Anchorage for Institutions’ Benefits

Telegram – the encrypted chat system that now boasts more than 30 million users – is partnering with crypto custodian platform Anchorage to ensure Telegram’s new cryptocurrency, the gram, is added to its list of token offerings.Is Telegram Set to Conquer Libra?Anchorage is one of the 28 governing bodies in the Libra Association. The bad news is that recently, PayPal – which has been one of Libra’s primary supporters through David Marcus, a former PayPal exec and the head of Facebook’s...

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Lawsuit Claims Bitfinex and Tether Manipulated the ‘Largest Bubble in Human History’

In a typical class action, a plaintiff, per Wikipedia, sues a defendant or more of them on behalf of a group, or class, of absent parties. This differs from a traditional lawsuit, where one party sues another party for redress of a wrong, and all of the parties are present in court. We already reported of how Bitfinex and Tether are expecting another lawsuit for market manipulation.Now, a class-action lawsuit was filed on Monday against Bitfinex, Tether and other members in the United States...

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Cardano and Ethereum Might Finally Switch to PoS in 2020

2020 is looking to be a year of PoS blockchains. While Tim Ogilive, the founder and CEO of multi-blockchain staking service Staked argues that 2019 has already been a big year for PoS, we have a lot to expect from the upcoming year. First and foremost, Ethereum, the second-largest cryptocurrency by market capitalization, is expected to finally switch to PoS. They have been wanting the switch from 2014, when Vitalik Buterin said that he viewed PoS as a way for Ethereum to mature.“Ethereum 1.0...

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You Can Bet on whether or not Facebook’s Libra will Launch by 2020

Facebook’s forthcoming digital currency, the Libra, is probably the most uncertain project in the cryptocurrency industry at the moment. Ever since the company announced its plans to issue the asset, there has been significantly heavy backlash both from the public and also from the U.S. Congress, so much that the earlier proposed date for early next year is quite shaky, if not completely impossible. Now, a crypto futures exchange firm seems to be taken advantage of all the uncertainty of the...

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Many Widely-Followed Traders are Bullish on Ripple Against Bitcoin

Ripple has been deteriorating in bear territory for most of 2019 against bitcoin. The third-largest cryptocurrency is down by over 63% year-to-date. The deep dive has driven many traders to take a bearish stance on the XRP/BTC pair. A trader seeing a massive XRP dump. | Source: TwitterNevertheless, the widely-followed accounts on Crypto Twitter (CT) think otherwise. They are seeing encouraging developments in the coin that they are sharing bullish charts. XRP/BTC Looks Hungry, Says Analyst...

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EOS Scaling Solution the DAPP Network Gets a Major Upgrade

The DAPP Network, born out of frustration at the rising cost of vRAM for EOS’ virtual hard drive, has just had a major upgrade. Developer LiquidApps has announced the release of DSP 2.0, bringing with it a wide range of new features and fixes. Combined, these improvements make the emergent EOS scaling solution a force to be reckoned with, and pave the way for a flurry of new decentralized applications that can operate at scale. The DAPP Network is not a sidechain for EOS – LiquidApps call it...

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Bitcoin Price Goes Below $8,000 as the Cryptospace Experiences a Squeeze

In what seems to be a return to bearish tendencies, Bitcoin price has dipped below $8,000 overnight, fortunately, major altcoins haven’t followed suit this time. At the time of writing, BTC was down 0.83% to $7,967.00.The altcoins, on the other hand, have fared differently with each altcoin seeming to find its ground. Ethereum (ETH) is down 0.51% to $174.16, XRP is up 5.44% to $0.27, EOS is up 1.27%, Tether down 0.71% to $1 while Litecoin is down by 0.97% to $55.68. Several factors may be...

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German Finance Minister Speaks in Favor of Digital Euro

Olaf Scholz who is currently the German finance minister has indicated his stance on the cryptocurrencies in particular and electronic money in general. According to local sources, he made his position known last week and also revealed skepticism for private-interest cryptocurrencies such as Facebook’s Libra. He proposed the introduction of an electronic Euro which won’t serve a replacement of the current Euro system but will be used alongside it.He said:“Such a payment system would be good...

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