Category: Altcoin news

Altcoin news

Operation Alts 2019: Investors Want To Increase Sales In An Agressive Way

Analytical team of the well-known consulting company A. T. Kearney believes that in 2019, investors will massively sell altcoins and start buying bitcoins. As stated in the company’s published report, traders will invest in Bitcoin, since this coin has been on the market for a long time and has established itself as the most reliable asset compared to questionable altcoins. “By the end of 2019, Bitcoin will regain almost two-thirds of the capitalization of the cryptocurrency market, since the Altcoins lose their attractiveness due to the growing risks associated with the dominance of bearish sentiments,” the report’s authors emphasize. According

Altcoin news

Bitfinex and Ethfinex Listed Four More Stablecoins

Since December 4, Bitfinex and Ethfinex crypto exchanges have listed four new dollar stablecoins in addition to the already listed Tether and Dai. These are: USDC, True USD, Paxos, and Gemini USD. All new stablecoins traded in pairs with USD. From today customers can access all major stablecoins at Bitfinex, as we introduce USDC, True USD, Paxos, and Gemini USD to our existing Tether and Dai offering. Read more about our recent additions here: https://t.co/VCGSIfZbPd. — Bitfinex (@bitfinex) 4 декабря 2018 г. More detailed information about these and other stablecoins can be found in our review. Earlier, Bitfinex raised commissions

Altcoin news

Trezor Wallet Starts Native Support For ETH, ETC And ERC-20 Tokens

The manufacturer of hardware wallets for storing cryptocurrency Trezor plans to expand the range of supported digital assets. The team said it will add native support specifically for Ethereum, Ethereum Classic and ERC20 tokens. As stated in the text of the corporate blog, these cryptocurrencies have been supported by Trezor hardware devices for quite a long time. But now the development team, which used to have the help of developers from MyEtherWallet, MyCrypto and MetaMask, will be able to independently support the specified cryptocurrencies. Also, Trezor notes that these extensions are also available to owners of its devices and will

Altcoin news

51% Attack On Vertcoin

51% Attack is the most unpleasant thing, which creators of cryptocurrencies may experience. Unfortunately, the current condition of the cryptocurrency market is all about issues for most new cryptocurrencies, which are trying to prove their value in the crypto world. The creators of Vertcoin said that their cryptocurrency has undergone a 51% attack. In the recent weeks, Vertcoin (VTC) got affected by the hackers’ attack, which managed to complete double-spending transactions for more than $100,000. The project’s creators demonstrated the whole process of this attack, by showing the vulnerable blocks. A 51% attack is the most popular method for hackers,

Altcoin news

OKEx Is On Fire: Crypto-plaftorm To Launch a New Derivative

OKEx Digital Asset Exchange continues to change its policy. Now the main focus of the work site – making a profit. This allowed the exchange to launch a new derivative product – a perpetual swap, which brings it closer to providing a full set of financial crypto products. According to the OKEx press release, a perpetual swap is a virtual derivative intended for transactions between private individuals. The product will allow investors to trade the cryptocurrency rate. A perpetual swap works like futures, it has no expiration date and it takes place every day, which allows traders to withdraw their

Altcoin news

Ledger Opened Doors For Monero

A cryptocurrency wallet Ledger, mainly a Nano S model, from now on supports Monero. Developers of the popular cold wallet announced it on Twitter. Ledger Nano S is now fully compatible with the Monero GUI 0.13 app. Ledger CEO, Eric Larchevêque, confirmed the latest update: “Due to this update, Ledger devices cover 90% of the full cryptocurrency market cap”. The company does not plan to stop at this point. An integration and connection of other actual crypto assets gonna last. In terms of the company’s traditional process, new releases will be presented monthly. Monero holders can install the above-mentioned app

Altcoin news

Spammers Encourage to Dump Stellar

Today a transaction of an incredible amount of 99,999,999,999 XLM was recorded on the Stellar network. Everything would be fine, but the transaction volume (more than $16.6 billion) exceeds the market capitalization of Stellar XLM, and the number of coins exceeds the circulating supply five times. The comment on the transaction calls for getting rid of the coins: “DUMP IT :BOG::BOG::BOG:” In fact, we are talking about an old bug discovered in April, allowing users to make unlimited transactions to themselves. The commission is still paid. Although such a bug does not carry any threat, its existence is misleading for

Altcoin news

Coinbase Adds ZCash

One of the leading cryptocurrency exchanges in the USA, Coinbase, keeps delighting the crypto traders with a good news. The official Coinbase Twitter page informs that the exchange adds Zcash in its listing of available cryptocurrencies. It was also mentioned that users can make deposits, but the ZEC/USDC trading pair is not yet available. The trading for the pair will be active once the cryptocurrency will be supported with enough liquidity. As it is known, Coinbase has the usual procedure for the listing of any new digital asset. There are four stages: balance’s replenishment, limit orders issuance, limit orders comparison,

Altcoin news

Botnets Illegally Mine Cryptocurrency

So says Kaspersky Labs in its study on this topic. Experts note that the problem of illegal mining is quite serious. Only in the last three months, the number of attacks on miners has tripled. Malicious software is developed in order to secretly infect mining equipment to obtain cryptocurrency for free. Moreover, such programs adversely affect the performance of mining machines, which significantly lose their effectiveness. According to Kaspersky Labs, the spread of viruses and malware to the mining device has been going on since January of this year. The whole process takes place through the so-called botnets, which resemble

Altcoin news

Cryptocurrency Market Review, November 24: Bitcoin Stands Firm, XRP And Ethereum Have Little Hangover After Black Friday

Today, on Saturday, November 24, Bitcoin holds a $4,300 level, while XRP and Ethereum drop in value. Bitcoin after the hard week begins a weekend with a positive start. At press time, Bitcoin price is $4 318,36 (+0.41%). BTC Market cap is $75 101 032 959B. XRP after a Black Friday on the market plunged by 1.33% to $0,40. Ethereum continues its drop, by slumping 1.26% to $123,02. While crypto community still chooses between BCH ABC and SV, Bitcoin Cash jumped for 2.14% to $204,66. Stellar still cannot restore his previous level of $0,25-0,29. Its current price – $0,179 (-1.94%).

Altcoin news

GloBee Platform Decided to Remove Bitcoin Cash

GloBee cryptocurrency platform decided to stop supporting operations with Bitcoin Cash due to the uncertainties associated with the recent hard fork and the ensuing hash war. This was reported by Samson Mow, Blockstream CEO, on his Twitter page. Aaaand it’s gone! #Bcash pic.twitter.com/8Z0GV7DtC1 — Samson Mow (@Excellion) November 23, 2018 Indeed, now Bitcoin Cash is on the verge of survival. Yesterday, its price managed to jump to the level of $325, but in the morning BCH lost 13.81% in value and is now trying to stay at the level of $200.68.

Altcoin news

EXMO Crypto Platform To Reduce Fees For Payment Systems

The cryptocurrency exchange EXMO has announced a reduction in commissions for AdvCash, Visa / MC, Qiwi, Payeer and Jeton payment systems. According to the official message of the crypto platform, these changes came into force on November 22. Also, the EXMO team will use the new commission system for all those operations that pass the exchange verification. Now the platform has a flexible commision system. So, for those who deposit funds into the platform in Russian rubles (RUB), the following commissions are entered: for entry into Visa / MC – 4.45%, for Qiwi – 4.95%, for withdrawal – Visa /

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