The Latest Crypto News From The Interwebs - 3rd August 13:00

in #bitcoin6 years ago

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PR: BUBI Launches Code Review Bounty Program

Via Bitcoin.com PR Fri Aug 03 18:30:06 BST 2018
The Bubi Code Review Bounty Program, organized by the Bubi Technical Community, will be officially launched on August 4th, 2018. The event has prepared prizes for those who report bugs or give optimization suggestions, with a prize pool of up to one million dollars. Developers can visit the official website to sign up, review the BUBI Chain X source code, get rewards, and finally achieve self-worth.
Tagged with #Press-release #Big-Data-of-CAICT #Blockchain-Committee #bounty-program #BUBI-Chain-X #Bubi-Code #BUMO #CAICT #CCF #Cloud-Computing #code-review


Korea’s Financial Watchdog Calls for Stock Trading on a Blockchain

Via Samburaj Das Fri Aug 03 12:44:00 BST 2018
infrastructure for trading stocks in the country. First reported by domestic news publication Korea Joongang Daily, the Financial Supervisory Service (FSS) has advocated the use of blockchain for stock trading in a report focused on the subject released on Thursday......
Tagged with #Blockchain-News #News #FSS #south-korea


Blockchain in Charity, Explained

Via Cointelegraph By Connor Blenkinsop Fri Aug 03 12:25:00 BST 2018
Making donations in crypto, mining for good causes and clamping down on corruption: here’s how blockchain is shaking up the charity sector.....
Tagged with #Blockchain #Charity


‘Lack Of Stability’ Among Factors Preventing Global Bitcoin Breakout, Says UBS Strategist

Via Cointelegraph By William Suberg Fri Aug 03 12:23:00 BST 2018
Volatility, scalability, regulation: UBS repeats familiar misgivings over Bitcoin.....
Tagged with #Bitcoin-Regulation #Switzerland #Banks #ETF #UBS


Germany’s 2nd Largest Stock Exchange to Launch ICO Platform, Multilateral Crypto Trading

Via Cointelegraph By Marie Huillet Fri Aug 03 12:07:00 BST 2018
Germany’s second largest stock exchange, the Stuttgart Börse, has revealed plans to develop a new ICO platform and a multilateral crypto trading venue.....
Tagged with #Blockchain #Germany #Cryptocurrencies #ICO #Markets #South-Korea


Bitcoin Eyes Short-Term Bear Market After Two-Week Lows

Via Omkar Godbole Fri Aug 03 12:00:08 BST 2018
Bitcoin has retraced 40 percent of the rally from the June low of $5,755, signaling a short-term bullish-to-bearish trend change......
Tagged with #Markets #Bitcoin #Markets-News #Subfeatured #price


OKEx Initiates ‘Clawback’ after Bitcoin Futures Market Unable to Cover $420 Million Liquidation

Via Gerald Fenech Fri Aug 03 12:00:08 BST 2018
ital after a forced liquidation on July 31st threatened to destabilize its operations. The futures contract amounted to a staggering $420 million worth of BTC. OKEx moved swiftly to counter this liquidation with.....
Tagged with #Exchanges #News #bitcoin-futures #okex


The Daily: Hackers in High Demand, China Hires Cryptographer

Via Lubomir Tassev Fri Aug 03 11:55:06 BST 2018
Traders in the US, Russia and China are the most common victims of cyberattacks targeting cryptocurrency exchanges as you’ll discover in this edition of The Daily. Another study has found that the demand for services provided by hackers is much higher than what’s currently on offer. The same can be said for experts in cryptography: […]
Tagged with #The-Daily #Blockchain #Censorship #China #cryptojacking #Ethereum #Exchanges #Hackers #Hacks #Malware #mining


OKEx Confirms $9M Clawback After 'Enormous' Bitcoin Futures Position Fails

Via Wolfie Zhao Fri Aug 03 11:06:05 BST 2018
After a user made an "enormous" gamble on bitcoin futures, and lost, OKEx said it is having to claw back millions from other traders......
Tagged with #Markets #Exchanges #News #Trading #OKEx #Futures-Contracts #Original


Coinbase Begins British Pound Support for UK Bitcoin Customers

Via Yashu Gola Fri Aug 03 10:50:41 BST 2018
ancisco company announced on Wednesday. Until now, Coinbase UK users had to convert their cryptocurrency holdings into Euro and then into pound sterling via international transfers. The process owed costly intermediaries; for instance, SEPA fees that could go.....
Tagged with #Bitcoin-Exchange #Bitcoin-Regulation #Exchanges #News #coinbase #uk


PR: Nexty Platform – a Breakthrough for E-Commerce and Retails

Via Bitcoin.com PR Fri Aug 03 10:30:22 BST 2018
The emergence of cryptocurrency has opened new vistas for the fintech industry. However, issues of high transaction fees, delays in completing coin transfers, as well as wild price swings continue to plague the emerging cryptocurrency landscape. Nexty is a blockchain platform that promises instant transfers at zero fees and smart staking & smart holding program to hedge against the volatility of cryptocurrencies.
Tagged with #Press-release #Airdrop #CoinBene #Discounts #IDAX #luxury-services #Nexty #NTY #smart-holding #smart-staking #Tokens


Hedera Hashgraph Raises $100 Million, Claims $6 Billion Valuation

Via Lester Coleman Fri Aug 03 09:35:06 BST 2018
file storage service and a smart contract platform, has raised $100 million from institutional and has announced a valuation of $6 billion. The company announced on Twitter that it is currently offering tokens at $0.12, the same amount that investors.....
Tagged with #Altcoin-News #Altcoin-Prices #Blockchain-News #Funding #ICO-News #News #Smart-Contracts #Hedera-Hashgraph #Zaki-Manian


G20 Crypto Regulations Could Unleash Real Blockchain Change

Via Jonathan Padilla Fri Aug 03 09:00:44 BST 2018
Increased regulation, as long as it is done with industry cooperation and the aim of de-risking the broader market, will hasten blockchain adoption......
Tagged with #Features #Regulation #Legal #Business-News #Subfeatured #FSA #G20 #Zug #Cryptocurrency-Regulations #FCA-Sandbox


Think-tank: Business Value of Blockchain to ‘Reach $2 Trillion by 2030’

Via Jack Mathis Fri Aug 03 08:43:16 BST 2018
forecasts blockchain technology could lead to a business activity value of $2 trillion by 2030. The report includes all value that blockchain adds as an entire vertical (not specific coin market caps). $2 Trillion: Too Conservative? Though.....
Tagged with #Bitcoin-Economics #Blockchain-News #News


Bitcoiners Hope to Have a Friend in Top US Regulator Jay Clayton

Via C. Edward Kelso Fri Aug 03 08:35:30 BST 2018
Bitcoin might have a mole, a sympathetic insider at the highest levels of the US financial regulatory apparatus, if recent ecosystem press accounts are to be believed. According to a US Securities and Exchange Commission (SEC) meeting transcript, SEC Chair Jay Clayton has privately expressed deep knowledge of cryptocurrencies, including during a heated exchange with […]
Tagged with #Regulation #Bitcoin #bitcoin-etf #Cryptocurrency #Eric-Werner #ETH #Howey-Test #Jay-Clayton #N-Featured #SEC #Securities


Mt Gox Creditors Are Preparing to Claim for Bitcoin Repayments

Via Wolfie Zhao Fri Aug 03 07:33:48 BST 2018
A group of creditors of the now defunct bitcoin exchange Mt. Gox have started preparing a rehabilitation plan to claim for bitcoin repayments......
Tagged with #Exchanges #News #Mt-Gox #Japan #Original


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Sources bitcoin.com , cointelegraph.com ,coindesk.com,blockchain.com,ccn.com,cryptocurrencynews.com

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I'm still confused about that trader that got liquidated. SO he was holding over 4 million of these contracts going long and since the price of BTC dropped on the 31st he got liquidated but how does that equate to short contract holders having to pay the tab?