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South Korean exchange Upbit closes fiat trading for foreigners

South Korean exchange Upbit closes fiat trading for foreigners

Posted by  on  21/07/2020
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The South Korean cryptocurrency exchange Upbit will prohibit the trading of fiat currencies to foreign traders and will focus on serving local users due to regulatory uncertainty. Upbit, a South Korean exchange, is concerned that the marketplace is having difficulties in bringing digital and fiat currency trading to international users. The key problem is the impossibility of securing uncontrolled trading in fiat currencies using verified bank accounts. Upbit announced that it has entered into a
Bitcoin miners power consumption is on the rise again

Bitcoin miners’ power consumption is on the rise again

Posted by  on  20/07/2020
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Despite the decrease in energy consumption of BTC miners shortly after the halving, when inefficient AISC miners began to disconnect from the network, this figure has now started to rise again. After bitcoin halving in May, when the reward for mining a block for miners fell from 12.5 BTC to 6.25 BTC, many unprofitable and inefficient ASIC miners left the network. Then it was reported that the energy consumption of Bitcoin miners decreased by 24%,
Binance will partner with BitRiver to bring miners to its pool

Binance will partner with BitRiver to bring miners to its pool

Posted by  on  20/07/2020
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Binance wants to consolidate more hashrate of the Bitcoin network from Russia and Central Asia in its pool by deploying a physical server node at the BitRiver mining site in Bratsk. As reported by Binance and BitRiver, the initiative will allow BitRiver ASIC miners who decide to switch to Binance to get a better connection and direct routing to the mining pool. In turn, Binance will have access to clients who manage devices hosted on
Heartwood hard fork activated on Zcash blockchain

Heartwood hard fork activated on Zcash blockchain

Posted by  on  17/07/2020
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In the anonymous Zcash cryptocurrency blockchain, the Heartwood hard fork is activated on block 903,000. The update will ensure mining privacy. Heartwood is the fourth update to the Zcash network since the advent of this cryptocurrency in 2016. Heartwood was activated with the support of the Zcash Foundation and the Electric Coin Company (ECC), supporting the development of the Zcash cryptocurrency. The update contains two suggestions for improving Zcash (ZIP): “Shielded Coinbase” (ZIP 213), which
ESET discovered GMERA Trojan stealing cryptocurrency

ESET discovered GMERA Trojan stealing cryptocurrency

Posted by  on  17/07/2020
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ESET specialists discovered the GMERA Trojan, which steals cryptocurrencies from traders. The software is distributed under the guise of crypto asset trading applications on Apple MacOS. ESET, a cybersecurity company, said malware has been integrated into fake cryptocurrency trading applications. After installing these extensions, it begins to steal digital assets from user wallets. Attackers impersonate the Kattana trading platform. They copied the site of the service and promote their software under the guise of four
Bitcoin Core developer has proposed a new smart contract language for Bitcoin: Sapio

Bitcoin Core developer has proposed a new smart contract language for Bitcoin: Sapio

Posted by  on  16/07/2020
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Bitcoin Core team member Jeremy Rubin is working on a new smart contract language for Bitcoin that will increase user control over their BTC. Jeremy Rubin showed off the new Sapio language on Saturday at the RecklessVR virtual reality presentation meeting, which many audience members joined in VR headsets. He plans to release a programming language as part of his new research organization, Judica. Stateful smart contracts that fix state enable users to save money
Quantstamp Audit Firm Approves Launch of Prysm Client for Ethereum 2.0

Quantstamp Audit Firm Approves Launch of Prysm Client for Ethereum 2.0

Posted by  on  16/07/2020
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Head of Audit Firm Quantstamp Richard Ma announced that he is ready to launch the Prysm client to upgrade Ethereum 2.0. Prysm got the approval of the auditor after the Ethereum developers started discussing the launch date of the zero-stage update last week. Justin Drake suggested that it will be released no earlier than January 3, 2021, and Ethereum co-founder Vitalik Buterin insists that its deployment begin this year. To date, nine clients using different
The developer proposed to “reset” the state of the Ethereum blockchain for scaling

The developer proposed to “reset” the state of the Ethereum blockchain for scaling

Posted by  on  15/07/2020
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The Ethereum developer has proposed introducing stateless clients into the current version of Ethereum to scale the network with minimal security damage. The amount of account balances supported by network nodes, called state, continues to increase as applications and projects interact. An independent developer Alexei Akhunov may have a solution to this problem, the idea of ​​which he borrowed from the Cosmos project. The new proposal, dubbed ReGenesis, was published on EthResearch in June. It
BitGo Service Introduces FATF Compliance Toolkit

BitGo Service Introduces FATF Compliance Toolkit

Posted by  on  15/07/2020
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The custodial service BitGo integrates a tool into cryptocurrency wallets that ensures compliance with the requirements of the Financial Action Task Force on Combating Money Laundering (FATF). BitGo company announced that it was the first cryptocurrency wallet operator with a built-in API that will allow you to transfer additional information about users and their transactions. The new BitGo tool aims to increase transparency and meet the requirements for virtual asset service providers (VASPs). According to
Grayscale Increases BTC and ETH Shares in Digital Large-Cap

Grayscale Increases BTC and ETH Shares in Digital Large-Cap

Posted by  on  14/07/2020
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Grayscale Invesments rebalanced the Digital Large-Cap fund, which includes cryptocurrencies with a large market capitalization. The shares of BTC and ETH are increased due to XRP, BCH and LTC. On Twitter, the investment company reported that the share of bitcoin in the fund increased by 0.5% and now amounts to 81.5%. The share of ether increased by 2.1% and now it occupies 11.7% of the fund. The shares of XRP, BCH and LTC decreased by