Gemini launches Ethereum-backed stablecoin
The Gemini cryptocurrency exchange announced yesterday that it plans on establishing a stablecoin built on the Ethereum blockchain and backed by the U.S. dollar.
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Crypto market daily report – September 7, 2018
The cryptocurrency markets registered a slight revival on Friday with most of the major currencies showing a small increase overall. Bitcoin Cash registered a 5% increase to trade at around $520 at press time, but turnover appeared to be weak with selling pressure probably putting the price down further.
Crypto market daily report – September 6, 2018
In what seems to be another case of déjà vu, the cryptocurrency markets wiped out two weeks of positive gains in a matter of a few hours with the value of the entire market dropping by no less than $40 billion.
Crypto market daily report – September 5, 2018
Bitcoin Cash held up well on the $630 level and was making small pushes upwards towards the $650 level with a possible breakout towards the $700-$800 levels appearing possible in the next 24-48 hours.
Crypto market daily report – September 4, 2018
Bitcoin Cash was relatively stable trading between the $620 and $640 mark on Tuesday morning at press time—it practically remained in the same price levels all day with only minor movements up or down.
Ripple CTO claims XRP crypto coin ‘more decentralized’ than BTC
David Schwartz, chief technology officer at Ripple Labs, has published a paper claiming XRP cryptocurrency is actually more decentralized than Ethereum and BTC, in the latest attempt to persuade the skeptics.
Android app scams users into purchasing fake Ethereum
Google has taken steps to try and control the amount of extraneous and questionable cryptocurrency-related applications found on the Play Store.
Crypto market daily report – August 23, 2018
The cryptocurrency market experienced another downturn on Wednesday afternoon and Thursday morning, with most major currencies seeing the gains made on Tuesday vanish within a matter of a few hours.
Crypto market daily report – August 21, 2018
The cryptocurrency market appeared to be in a state of flux with most coins experiencing sharp downturns.
Ethereum a phisher’s favorite: Kaspersky report finds $2.3M lost to criminals outside traditional phishing
In terms of traditional phishing, the Kaspersky system intercepted 58,000 attempts to connect to fake websites posing as crypto wallets and markets.
Crypto market daily report – August 15, 2018
Bitcoin Cash recovered well and was trading at around the $510 level, which means an increase of around 6% over a 24-hour period.
Crypto market daily report – August 3, 2018
The cryptocurrency market continued its decline on early Friday morning as a negative sentiment seemed to prevail over all the Top 10 coins.