The Hyperledger Technical Steering Committee has approved the Ursa project, a modular cryptography software library, according to an official announcement Dec. 4.According to the statement, as Hyperledger has matured, projects “have started to find a need for sophisticated cryptographic implementations.” The post describes Ursa as a shift from having each project implementing its own protocols to collaborating on a shared library.Ursa is meant to avoid wasted work on duplicate projects, enhancing security by simplifying analysis and making it “less likely for less experienced people to create their own less secure implementations.”Furthermore, the project is supposed to grant “the ability to enforce expert review of all cryptographic code” and simplify cross-platform interoperability since multiple projects would use the same libraries.Hyperledger states that with the new library “blockchain developers can choose and modify their cryptographic schemes with a simple configuration file.” Also, Ursa will purportedly have “implementations of newer, fancier cryptography.”The library is divided into two, smaller libraries. The first contains simple, standardized, modular cryptographic algorithms and the second one “more exotic cryptography.” Advanced cryptographic algorithms like pairing-based signatures, SNARKs, aggregate signatures, and threshold signatures are cited as examples.Software will be primarily written in Rust, but will have “interfaces in all of the different languages that are commonly used throughout Hyperledger.”Hyperledger expects that Ursa will ease development since “it is easier for new projects to get off the ground if they have easy access to well-implemented, modular cryptographic abstractions.”Hyperledger is increasingly popular for institutional and commercial use. As Cointelegraph previously reported, major Russian bank Sberbank recently concluded an over-the-counter OTC foreign exchange repurchase agreement by employing smart contracts on the Hyperledger Fabric Platform.In November, French retail giant Carrefour deployed a food tracking platform based on Hyperledger in its Spanish network. The system will be used to track free-range chickens raised without antibiotics. window.fbAsyncInit = function() FB.init( appId : ‘1922752334671725’, xfbml : true, version : ‘v2.9’ ); FB.AppEvents.logPageView(); ; (function(d, s, id) var js, fjs = d.getElementsByTagName(s); if (d.getElementById(id)) return; js = d.createElement(s); js.id = id; js.src = “//connect.facebook.net/en_US/sdk.js”; js.async = true; fjs.parentNode.insertBefore(js, fjs); (document, ‘script’, ‘facebook-jssdk’)); !function(f,b,e,v,n,t,s) if(f.fbq)return;n=f.fbq=function()n.callMethod? n.callMethod.apply(n,arguments):n.queue.push(arguments); if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version=’2.0′; n.queue=;t=b.createElement(e);t.async=!0; t.src=v;s=b.getElementsByTagName(e); s.parentNode.insertBefore(t,s)(window,document,’script’, ‘https://connect.facebook.net/en_US/fbevents.js’); fbq(‘init’, ‘1922752334671725’); fbq(‘track’, ‘PageView’);
Decentralized internet protocol TRON announced its plans to launch a blockchain gaming fund dubbed TRON Arcade in a press release shared with Cointelegraph Nov. 29.TRON Arcade, which the company says is designed to “empower developers,” will see investment totalling a giant $100 million over the next three years.The move is another long-term commitment from TRON, which acquired file sharing giant BitTorrent earlier this year.According to TRON CEO Justin Sun, the Arcade will “play a crucial role” in the firm’s expanding popularity.“TRON strives to tackle existing issues faced by the gaming industry by leveraging the open, transparent, and immutability of blockchain technology,” he commented in the press release, continuing:“TRON Arcade will play a crucial role in encouraging developers to join in our mission and provide the best blockchain gaming experience to users around the world.”In line with what has become a common theme in its publicity, TRON highlighted the attributes of its network such as transaction speed versus those of Ethereum (ETH).Sun himself had continued the PR drive prior to the company’s announcement, taking to social media this week in an attempt to woo Ethereum developers over to his platform as prices tanked. window.fbAsyncInit = function() FB.init( appId : ‘1922752334671725’, xfbml : true, version : ‘v2.9’ ); FB.AppEvents.logPageView(); ; (function(d, s, id) var js, fjs = d.getElementsByTagName(s); if (d.getElementById(id)) return; js = d.createElement(s); js.id = id; js.src = “//connect.facebook.net/en_US/sdk.js”; js.async = true; fjs.parentNode.insertBefore(js, fjs); (document, ‘script’, ‘facebook-jssdk’)); !function(f,b,e,v,n,t,s) if(f.fbq)return;n=f.fbq=function()n.callMethod? n.callMethod.apply(n,arguments):n.queue.push(arguments); if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version=’2.0′; n.queue=;t=b.createElement(e);t.async=!0; t.src=v;s=b.getElementsByTagName(e); s.parentNode.insertBefore(t,s)(window,document,’script’, ‘https://connect.facebook.net/en_US/fbevents.js’); fbq(‘init’, ‘1922752334671725’); fbq(‘track’, ‘PageView’);
The lawyer for Alexander Vinnik, the alleged former operator of defunct cryptocurrency exchange BTC-e, said his defendant will go on a hunger strike this Monday, Russian state-owned news outlet TASS reported Nov. 23.According to Timofey Musatov, the head of the lawyers representing Vinnik, the reason given for the hunger strike is that “he [Vinnik] was stripped of the right for defense in France and, consequently, in Greece.” The lawyer also noted that “it became clear that the [French-issued] European arrest warrant expired.”In 2017, Greece’s supreme court ruled to extradite Vinnik to the U.S., where he faces charges of money laundering and fraud. In June, a Greek court ruled to extradite Vinnik to France. The Greek Supreme Court discussed Vinnik’s extradition to France on Nov. 19, but postponed the ruling to Nov. 29, as TASS reports.According to TASS, Musatov also accuses the judge of the Greek Supreme Court of ignoring him and his team:“The Greek Supreme Court’s judge completely ignores the work of lawyers who cannot even file a petition. She does not give them an opportunity to speak or do it.”The lawyer stated that “[i]f there is no fair trial, he will inevitably be deported to the United States through France, where he will get something close to a life sentence, which equals death.”He then further clarified Vinnik’s reasoning stating that “after observing this situation, Alexander realized that he would either get a fair trial or die.”The head of the team of lawyers also explained that his defendant “understood that he does not have any other options and decided to go on a hunger strike on Monday in protest against this situation.”According to Musatov, Vinnik came to this conclusion when his Greek lawyer, Zoe Konstantopoulou, “openly” said during the Nov. 19 court session that “the court would not treat any citizen of an E.U. member country or Greece as it treats Alexander just because he is a Russian national.”As Cointelegraph reported this week, Konstantopoulou is also accusing the Greek Supreme Court of violating her defendant’s rights by failing to provide translations of court documents at his request. window.fbAsyncInit = function() FB.init( appId : ‘1922752334671725’, xfbml : true, version : ‘v2.9’ ); FB.AppEvents.logPageView(); ; (function(d, s, id) var js, fjs = d.getElementsByTagName(s); if (d.getElementById(id)) return; js = d.createElement(s); js.id = id; js.src = “//connect.facebook.net/en_US/sdk.js”; js.async = true; fjs.parentNode.insertBefore(js, fjs); (document, ‘script’, ‘facebook-jssdk’)); !function(f,b,e,v,n,t,s) if(f.fbq)return;n=f.fbq=function()n.callMethod? n.callMethod.apply(n,arguments):n.queue.push(arguments); if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version=’2.0′; n.queue=;t=b.createElement(e);t.async=!0; t.src=v;s=b.getElementsByTagName(e); s.parentNode.insertBefore(t,s)(window,document,’script’, ‘https://connect.facebook.net/en_US/fbevents.js’); fbq(‘init’, ‘1922752334671725’); fbq(‘track’, ‘PageView’);
Poloniex announced Tuesday that it will be the first cryptocurrency exchange to offer a pending bit coin (BCH) hard-fork deal during the ongoing debate on the technology roadmap.
Polonyex, which is run by Goldman Sachs-supported start-up Circle on Wednesday, will offer customers the option of purchasing Bitco Cash ABC (BCHABC) and Bitcoin SV (BCHSV) transaction tokens.
This is the first time Poloniex has offered a pair of password-protected deals before possible fork, according to the company's blog post, as part of a broader strategy to improve the company's customer experience.
Read the post:
"We are doing this work to give our customers the ability to prove support for one coin through trading activities, and Poloniex will support two trading markets after hard fork."
In this message, the exchange stressed the intention to maintain neutrality during the split so that the community could decide which block chain to support during the split. We also stated that each hard fork will be evaluated individually to determine whether to support the fork or continue the pre-fork transaction.
USD / BCHSV, USDC / BCHABC, and Bitco trading pairs.
Customers may convert BCHABC and BCHSV into equivalent amounts if they wish to withdraw funds, but can not withdraw BCHABC and BCHSV in front of the fork.
The exchange plans to continue supporting the ABC and SV bit coin trading after forking on November 15th.
Overall, news occurs when the transaction time of the encryption asset is slower. If a news trader is spiking late and a block-chain user needs to continue to support it, you can generate a competing block of chains to receive additional tokens.
At a press conference, the price of bitcoin cash fell 0.81 percent during the day.
Tram tracks via Shutterstock
CoinDesk, a leader in block-chain news, is a media outlet that pursues the highest standards of journalism and adheres to strict editorial policies. CoinDesk is an independent operating subsidiary of the Digital Currency Group, which invests in cryptocurrencies and block-chain startups.
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In the US, we all love cash backs as merchants or financial institutions reward small amounts of money to its users for using or buying their products. Well, how about earn that cash back money in crypto instead of good old US dollars?
This is exactly what Coinseed app is doing with their latest product feature. Coinseed lets you invest your spare change in crypto and it makes perfect sense for their users to have this feature.
It takes only 30 seconds to signup on Coinseed and it is completely free. Once you create an account, you can simply select one of the listed online merchants from the app and it will take you straight to the online shop where you can complete your purchase. The list of merchants include Ebay, Walmart, Microsoft, Panasonic and many more. They are continuously expanding this list of merchants.
Once you complete your purchase, you can earn your rewards back in any of the 13 major coins such as Bitcoin, Ethereum and Litecoin. The cash back amount range from 1-8% of the purchase amount. This rate is also getting better over time so join the crowd!
For questions, please contact [email protected]
This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
HomePress ReleaseSpaceBit Capital Announces the First Tokenized VC Fund for the Final Frontier
25 October 2018 [Via Satellite].
On the 25th of October 2018, Spacebit Capital announced the world’s first ever tokenized venture capital fund for the space industry. The announcement was made simultaneously at the World Investment Forum in Geneva and the World Blockchain Summit in Dubai.
Making a Greater Leap for Crypto
The private space industry is a rapidly-growing market, projected to be worth trillions of dollars in the near future, according to a recent Goldman Sachs (2016) report. A new vision of space is beginning to emerge. Once only accessible to governments and large corporations, it is now open to small companies and even for public participation. Exciting projects involving new space missions, the Moon, Mars, and asteroid mining will all bring considerable opportunity and economic value for future generations.
Those resources will not only change the course of humanity but also provide an avenue for investors to meaningfully participate in our next great adventure. Blockchain alone gives us unprecedented capabilities to create and trade value in society. As the foundational platform of the Fourth Industrial Revolution, it can help to create and distribute new values to be gained from exploring the final frontier. Tokenisation of missions and space assets will help to create and measure new value to humankind, whilst appreciating increased liquidity and public participation.
Tokenizing the Final Frontier
The fund will focus on early stage, space-related IP intensive companies for near earth and lunar applications and predominately invest in downstream (software) and commercial applications relevant to satellite communications and data, with a particular focus on those incorporating blockchain technology. It is well known that satellite data and its efficient communication has been an enabler of new commercial opportunities and social innovations, from applications in intelligent transport and smart cities through to the agriculture, insurance, and maritime industry. The ability to tokenize communications and data is a key enabler for the future economy, allowing for such opportunities to be extended, forming a new global space economy whilst redefining the existing venture capital model and bringing liquidity into long-term space projects.
The funds’ secondary investments will target enabling technologies, such as those in propulsion, robotics and remote sensing which are required for the upcoming generation of Space missions. To complement the fund a network of Crypto Space Angels has been formed, comprising of experts, investors, and visionaries from the cryptocurrency and blockchain industries.
Crypto Angels for Space Technology
The creation of the Crypto Space Angels network is another step toward realizing a greater mission for crypto and creating an ecosystem to enable mankind to venture further into space. The purpose of the Crypto Space Angels is to create a global network of crypto investors who want to make a difference and support development of the space industry.
Fund partner Pavlo Tanasyuk commented: “We have developed a clear roadmap for our future investments and a pipeline of space projects ready for execution and funding. The initial investment phase will concentrate on the European markets. We believe that the creation of Spacebit Capital will help harness the latest innovations in satellite data and communications technology and drive the next digital revolution. We are soon opening investment opportunities to qualified investors, but in the future, we hope to establish a hybrid model where any individual will be able to directly invest in large-scale space projects, which forms a key part our vision”
Spacebit Vision: https://www.youtube.com/watch?v=6p28wNUCWX8
Contact: [email protected]
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The launch date for Bitcoin futures on the Bakkt platform has been announced.
Bakkt is a platform for trading, storing, and spending digital assets, and was created earlier in 2018 by Intercontinental Exchange—the parent company of the New York Stock Exchange (NYSE).
Bitcoin Futures Launch Date
According to a document released today, the launch date for trading is December 12th, 2018. The document explains the idea further:
“Each futures contract calls for delivery of one Bitcoin held in the Bakkt Digital Asset Warehouse, and will trade in US dollar terms. One daily contract will be listed for trading each Exchange Business Day.”The contracts will be physically settled and cleared by ICE Clear US Inc.
Earlier in September, ICE announced that the “first contracts will be physically delivered BTC futures contracts versus fiat currencies.”
Why Create Bakkt?
Bakkt is aiming to offer a federally regulated market for Bitcoin. Through its futures program, it will try to make Bitcoin a secure and trusted global currency with hopes of major adoption by big financial institutions.
Bakkt will create a path for these major money managers to offer Bitcoin mutual funds, pension funds, and ETFs as highly regulated, mainstream investments.
>> Elon Musk Tweets About Bitcoin and People are Losing It
Bitcoin futures offer traders the chance to bet on the price of Bitcoin at a later date. Traders can bet and profit accordingly.
The first major exchange to launch Bitcoin futures was the Chicago Board of Exchange (CBOE) in December 2017. The launch of Bitcoin futures caused mania throughout the market, to the point that trading had to be stopped twice due to CBOE speed breakers, which slow or pause trading when price movements are excessive.
Now similar to ICE’s launch of Bitcoin futures, NASDAQ is preparing to launch its own contracts soon.
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Taiwanese electronics company HTC has announced the presale of its widely-discussed blockchain smartphone, Exodus 1, the product’s official Twitter account reveals Oct. 23.The Exodus 1 presale was officially announced today during the Web3 summit, taking place Oct. 22-24 in Berlin. According to the HTC Exodus website, “early access” to the phone can currently only be purchased via Bitcoin (BTC) or Ethereum (ETH), and is available to 34 regions, including the U.S., U.K. and Hong Kong.At press time, pre-orders for the Exodus 1 are listed at around $960 (0.15 BTC or 4.78 ETH), with shipping date stated as December 2018.As per the official announcement on Twitter, the company states it is seeking collaboration with “a community of developers and enthusiasts […] to keep building security.”HTC first revealed its plan to launch blockchain-powered smartphone back in May 2018. The company then promised Exodus 1 would support “multiple blockchain protocols,” such as Bitcoin, Ethereum, Lightning Network (LN), and Dfinity network, as well as boast a universal cryptocurrency wallet.In July, HTC confirmed its plans to install a native crypto wallet inside its phone. The company also announced it would support CryptoKitties, the once-popular Ethereum-based decentralized application (DApp) game. Later that month Litecoin (LTC) founder Charlie Lee revealed that he would consult HTC in the making of the blockchain smartphone.However, the current Exodus 1 is not exactly what HTC had promised earlier, as U.S. tech journal The Verge points out. When announced in May, as The Verge reports, HTC’s “decentralized chief officer” Phil Chen had said that each Exodus phone would function as a “node” to facilitate bitcoin trading. Chen also stated at the time that the phone would allow users to “own [their] own identity.”The model available for pre-order today evidently provides a crypto wallet in a secure are “protected from the Android OS,” as The Verge notes, but the other promised features are reportedly lacking. window.fbAsyncInit = function() FB.init( appId : ‘1922752334671725’, xfbml : true, version : ‘v2.9’ ); FB.AppEvents.logPageView(); ; (function(d, s, id) var js, fjs = d.getElementsByTagName(s); if (d.getElementById(id)) return; js = d.createElement(s); js.id = id; js.src = “//connect.facebook.net/en_US/sdk.js”; js.async = true; fjs.parentNode.insertBefore(js, fjs); (document, ‘script’, ‘facebook-jssdk’)); !function(f,b,e,v,n,t,s) if(f.fbq)return;n=f.fbq=function()n.callMethod? n.callMethod.apply(n,arguments):n.queue.push(arguments); if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version=’2.0′; n.queue=;t=b.createElement(e);t.async=!0; t.src=v;s=b.getElementsByTagName(e); s.parentNode.insertBefore(t,s)(window,document,’script’, ‘https://connect.facebook.net/en_US/fbevents.js’); fbq(‘init’, ‘1922752334671725’); fbq(‘track’, ‘PageView’);
The United States Marshals Service (USMS) has announced an auction of 660 BTC that is scheduled to take place on Nov. 4. Under the auction rules, interested participants must formally identify themselves to the USMS and submit deposits of $200,000.
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USMS to Auction Forfeited BTC in Seven ‘Blocks’
The auction is scheduled to take place across two “series” and seven “blocks.” The “Series A” portion is set to comprise six individual auctions of 100 BTC each, while the “Series B” round will involve a single auction for the remaining 60 BTC. The bitcoins were confiscated from undisclosed parties in various federal criminal, civil and administrative cases, with many of them forfeited to the Drug Enforcement Administration and the Federal Bureau of Investigation.
Bidder registration will open at 8:00 a.m. EDT on Oct. 22 and is scheduled to close at noon EDT on Oct. 31. Bidders will not be permitted to view competing bids and will not be able to change the value of their bids after submission.
Deposits to Be Returned to Ineligible Bidders
The USMS is scheduled to notify all prospective bidders of their eligibility to participate in the auction process by no later than 5:00 p.m. EDT on Nov. 1. Applicants who are deemed to be ineligible to participate in the auction will have their deposits returned to them. The deposits of participants whose bids are not selected as winning bids will also be returned.
In addition, the USMS states that “bids that are contingent on financing terms of any kind will not be considered.” In addition, it requires that “all bids must be made in U.S. dollars.”
Winning Bidders Expected toPay BTC Transfer Fees
The USMS will retain the deposits of the winning bidders and credit them toward their purchases. Winning bidders who fail to finalize their transactions will forfeit their deposits, as long as the USMS is not at fault.
The USMS also notes that “any transfer fees associated with the transfer of the bitcoins will be paid by the buyer.” However, buyers will be given the chance to choose the fees that are charged in the transfers.
The USMS will start to return deposits to auction participants as soon as the bitcoin transactions are finalized. It adds that it aims to process all returns within five business days. However, it acknowledges that return times could take slightly longer depending on how many people participate in the seven auction blocks.
What is your response to the United States Marshals Service’s upcoming BTC auction? Share your thoughts in the comments section below!
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