$3.2 Trillion in Bitcoin Payments Processed in 2018, Better Version of Gold?

Image: Shutterstock By CCN.com: Throughout 2018, more than $3.2 trillion worth of Bitcoin payments were processed on the public blockchain network. The high on-chain transaction volume of the dominant cryptocurrency has demonstrated the efficiency of the asset as a cross-border payment method and as an alternative to existing settlement systems for international payments. Is Bitcoin a More Efficient Version of Gold? Often, Bitcoin is compared to gold as a store of value and a medium of exchange. Both assets are unaffected by the performance of the broader financial market and…

TRON (TRX) and Ripple (XRP) Up, Despite $5 Billion Loss this Weekend

The entire cryptocurrency market has hit a bit of a bear run moving into the new week. Towards the end of last week, most digital currencies saw quite a spike in prices. That didn’t last long as most of them quickly plummeted towards the end of the weekend, taking off $5 billion from the total market cap. Today, we’ll take a look at TRON (TRX) and Ripple (XRP). Both of these coins are seeing green today. Let’s take a closer look at why this may be. TRON (TRX) TRON, now…

Autonio Welcomes Stan Larimer | Autonio Team Expands

The Autonio team is proud to announce that Stanley Larimer (@stan) has joined Autonio’s advisory board. Stan will be working closely with the Autonio team to advise on the development of the NIOdex, assisting Autonio in developing their network within the cryptocurrency industry, and ensuring the humanitarian values of Prosperism remain an important influence on the project. https://steemit.com/bitshares/@stan/autonio-and-the-sovereign-sky Stan has four decades of experience in software, hardware, and systems engineering, program management, and business development. He contributed on 17 different R&D programs for air, ground, sea and space systems and…

Why Crypto is En Route to the Longest Bear Market in History

Image: Shutterstock By CCN.com: The crypto market is en route to experiencing the longest bear market in its 10-year history. As Ran Neuner, the host of CNBC’s Crypto Trader said, if the latest bear market lasts for another month, it will surpass the 420-day correction the crypto market experienced from 2014 to 2015. “If this bear market continues for another month it will be the longest bear market in Crypto history; 2014/15 – 420 days. 2018/19 -390 days,” said Neuner. What is Triggering the Crypto Bear Market to Extend Across…

Rocke Malware | Sneaky Monero Miner Can Disable Cloud Security

There is a new malware out there to watch out for. Dubbed the Rocke Malware, this form of cryptojacking has the ability to disable cloud security software so as to illicitly mine for Monero (XMR) undetected. Rocke Malware Discovered Cybersecurity firm Palo Alto Networks is the team behind the worrying discovery. It published a report yesterday saying that the hacking goes by the disguise the Rocke Group and is targeting public cloud systems. If downloaded, the malware takes administrative control, uninstalls cloud security products and then inputs a code that mines for…

Stellar (XLM) the Latest Cryptocurrency Added to Grayscale

Grayscale, a cryptocurrency investment group, has just announced that it has launched its latest fund. This new fund is dedicated specifically to Stellar (XLM). 1/ We are excited to announce two big developments! First, today marks the launch of Grayscale Stellar Lumens Trust! Investors can now gain exposure to the price movement of XLM through a traditional investment vehicle. For more info go to https://t.co/izJooCsKwS — Grayscale (@GrayscaleInvest) January 17, 2019 Grayscale Adds Stellar (XLM) Grayscale is a digital asset management firm that operates under the Digital Currency Group umbrella. Before…

Binance Freezes Tokens from Hacked Cryptopia Exchange

New Zealand-based crypto exchange Cryptopia was hacked two days ago. The thief (or thieves) made off with approximately $3.6 million in cryptocurrency. Now, the biggest cryptocurrency exchange, Binance, has frozen tokens sent to its wallet by the alleged hackers. Binance Freezes Tokens According to Binance CEO Changpeng ‘CZ’ Zhao, the exchange reportedly received an unspecified amount of cryptocurrency that social media users noted looked suspicious. The transactions were coming from addresses known to be related to the Cryptopia hack. Cryptopia currently remains shut down while police investigate the hacking. The Frozen Tokens CZ spoke…

Dragonchain Partnership With Hurify | IoT and Blockchain Merger

A Dragonchain partnership was announced earlier today. The blockchain leader is partnering with Hurify Digital Markets to revolutionize decentralized IoT and blockchain development. Dragonchain Partnership The US’s Dragonchain is a blockchain developer that works across four business areas: enterprise services, entertainment, education, and project incubation/acceleration. The company wants to empower businesses with an enterprise-grade blockchain solution. Hurify, at its core, is a “global ecosystem for developer communities, entrepreneurs, and IoT solution vendors.” Its members span the globe. Hurify Digital Markets, then, is an IoT project development platform that uses smart contracts to “support IoT project development and deployment…

Ripple Update | XRP Private Keys at Risk but CEO Optimistic

Ripple has been in the crypto news quite a lot these past few weeks. The company behind the world’s second-largest digital currency, XRP, has released statements on growth, a hack, and a number of other developments with its platform. Today, we provide our readers with a Ripple update and the latest developments of the xRapid platform. Ripple Update: Potential Private Key Vulnerability This morning, Ripple provided investors with an update regarding a recent research paper released by DFINITY Foundation and the University of California. In this paper, both parties revealed…

2019 a Year of Accumulation For Bitcoin, Recovery by Year’s End

Bitcoin could see a recovery by the end of 2019. | Source: Shutterstock In the past 24 hours, the crypto market has recovered from $120 to $123 billion as the Bitcoin price avoided a further drop below the $3,600 mark. The bitcoin price avoided a further drop below $3,600. Ethereum has also been able to rebound relatively quickly from the delay of the Constantinople hard fork, which initially caused a 10 percent drop from $130 to $116. Slow Grind Up For Bitcoin Expected in 2019 Due to the intensity of…