Lack of Diversity in Ethereum Smart Contracts Pose Risks to Whole Ecosystem, Report Says

A lack of diversity of Ethereum (ETH) smart contracts poses a threat to Ethereum blockchain ecosystem, according to research by a group of analysts from Northeastern University and the University of Maryland released on Oct. 31. The paper, entitled “Analyzing Ethereum’s Contract Topology,” claims that most Ethereum smart contracts are “direct- or near-copies of other contracts,” which represents a potential risk if a copied smart contract contains a vulnerable or a buggy code. Partially supported by the U.S. National Science Foundation, the study has analyzed Ethereum smart contracts’ bytecodes during…

Crypto Markets See Mixed Signals While BCH and XLM Grow Significantly

Saturday, Nov. 3: crypto markets have seen mixed signals over the day, with most of the top 20 cryptocurrencies by market cap experiencing. slight fluctuations. Bitcoin Cash (BCH) and Stellar (XLM) are seeing significant gains on the day of more than 3.5 percent, according to CoinMarketCap. Market visualization from Coin360 Following a slight price rebound, Bitcoin (BTC) has failed to foothold the $6,400 price point today. The major cryptocurrency is down around 0.4 percent over the past 24 hours and is trading at around $6,348 at press time. The intraday…

Bitcoin Cash, Stellar, Monero, EOS, Ripple, ARK

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Bitcoin (BTC) turned ten on Oct. 31, but there were no fireworks to mark the celebrations: the cryptocurrencies continue to trade in a tight range. Arthur Hayes, CEO of BitMEX, believes that the current period of low volatility can remain for another 12…

Bitcoin Cash Surges 12% Prior to Hard Fork as Coinbase Reveals Support

Twitter Facebook LinkedIn Over the last 24 hours, Bitcoin Cash (BCH) has increased by around 12 percent from $425 to $477 prior to its hard fork. On November 2, CCN reported that Bitcoin.com and Binance decided to support the version of Bitcoin Cash set forth by ABC, the original developers of the BCH software that forked the Bitcoin blockchain network last year. Upon the announcement of Bitcoin.com and Binance, the price of Bitcoin Cash increased from $425 to $460, briefly reaching $470. Since then, the price of BCH has risen…

Overstock Rwanada Launch Blockchain Land Rights Platform

Twitter Facebook LinkedIn Medici Ventures is a wholly owned subsidiary of Overstock, one of the most cryptocurrency friendly businesses in the world, whose CEO has frequently promoted the use of bitcoin and other cryptos. Medici is specifically geared toward blockchain businesses, development, and technology, and on Thursday it signed a second Memorandum of Understanding with the Rwandan Government (specifically the Land Management and Use Authority and Information Society) for the development of a blockchain-based land management and property rights platform. In a nutshell, the blockchain will be used to secure…

Why Blockchain Is the Right Fit for Gold and Diamonds

This week, two major news within the precious metals industry broke. First, the world’s largest diamond company, Russia’s Alrosa, joined a blockchain project aimed at increasing transparency. Secondly, the world’s largest bank, JPMorgan, reportedly started to use its blockchain to tokenize gold. Indeed, blockchain has been pioneering both gold and diamond industries — complex ecosystems that heavily rely on supply chains, where cargo passes through dozens of geographical locations before arriving at its destination. The technology has helped to avoid corruption and improve quality by tracking valuable assets at every…

‘Tis the Season — to Evaluate Bitcoin’s Price Performance

Twitter Facebook LinkedIn By Rafael Delfin, Head of Research at Brave New Coin, a leading provider of high-value cryptocurrency market data and insights, since 2012. October 31st, 2018 marked the 10-year anniversary of the publication of Bitcoin’s white paper. While it was initially circulated among a small and obscure cryptography mailing list, one decade later, the implementation of the mythical white paper is disrupting the world’s notion of money, sovereignty, and everything in between. Since its inception, bitcoin’s performance has been nothing short of extraordinary. With its highly volatile nature,…

170,000 Shops Globally to Sell Bitcoin, Altcoins

While the number of people who want to use Bitcoin or Ethereum for their daily purchases is growing, one of the most confusing aspects for beginners is still how to actually buy and sell crypto. Online peer-to-peer exchanges may look questionable or too complicated for some users. Purchasing altcoins may be even more complicated – in order to buy many of them, users have to purchase major cryptocurrencies first. Netcoins Inc. is one of the companies that aims to offer a solution for those who prefer to buy Bitcoin and…

SEC’s End-of-Fiscal-Year Report Reveals Heavy Action Against …

The U.S. Securities and Exchange Commission (SEC) has released a report detailing actions taken against fraudulent ICOs and financial ventures, and, indeed, the year has been wrought with cases. The report details actions for 2018’s fiscal year, which ended on September 30, and offers insight into the ICO-related fraud that has seemingly come to light over the past several months. Misconduct actions against ICOs and similar cryptocurrency ventures are led by the organization’s Cyber Unit, which became fully operational this year. The SEC explains in the report, “We believe our…

ADA/USD Leads the Revival as LTC/USD Reverse Oct 29 Losses

After days of lower lows and horizontal consolidation, altcoins are ending the week on a high. ADA/USD is up three percent in the day and could breach key price levels over the weekend. At the same time, LTC/USD bulls did manage to reverse Oct 29 losses while EOS/USD prices could race to $7 if today close higher igniting buys. Let’s have a look at these charts: EOS/USD Price Analysis Check out this article highlighting our latest #blockchain research project focused on the an analysis of the architecture and performance of…