Last week, Binance announced acquisition of Trust wallet and since Coinbase does not want to be left behind, it has announced today that it has acquired Toshi and the Toshi wallet now becomes Coinbase Wallet. This is define future of the decentralized web and make that future accessible to anyone.
Charts are now available in the CEX.io application for both iOS and android phones. If you know how to read a chart, you can make better and more informed trading decisions.
People always complain about cryptocurrency exchanges. No exchange is perfect but there is one exchange that is in the lime light lately and getting a lot of ‘smack’ from people. It’s HitBTC. Several have been complaining about inability to withdraw their funds from the exchange. One user had to be wait for full four months and several tickets just to get his funds withdrawn from the exchange.
If you live in Baltic and fan of cryptocurrency, CopPay has got you covered. You will now be able to pay for Samsung products using Bitcoin, Ethereum, Litecoin, Ripple, Dash, Nem, and Steem. CopPay is also being accepted in the local restaurants and other retailers as well. CopPay has also initiated a referral program to accelerate cryptofication all over Europe.
ElectrumG Bitcoin Gold wallet is now available for download, which is basically an electrum wallet for the BTG. This allows the users to manage their funds without downloading Bitcoin Gold blockchain that runs into many gigabytes. So think of it like your typical android wallet but made for desktop – you don’t have to download blockchain – simply use seed or private keys to send funds.
Purse.io, a website which lets you shop on Amazon on Bitcoin has added option for Bitcoin Cash. There was a rumor about Purse adding BCH support last year as well but looks like it took them some additional time to get it working.
DNS servers of Bitcoin Gold were hacked yesterday and the official website, bitcoingold.org is redirecting to “Juice Wrld – Lucid Dreams” YouTube video. The official forum, forum.bitcoingold.org is also redirecting to the video but direct links to forum topics are not redirecting to video and are inaccessible.
Few days back, we mentioned how the Bitcoin Gold was changing its mining algorithm to make BTG mining difficult for the ASIC miners. Today, the Bitcoin Gold team has begun testing the new algorithm on their test pool. So if you are a miner, you might want to test it.
Bitcoin Gold currently makes use of equihash algorithm which is already being used by cryptocurrencies. Bitcoin Gold is going to use modified version of this algorithm in order to keep their blockchain ASIC resistance and prevent it from 51 percent attacks. Current equihash requires minimum 50MB memory but runs faster with 144MB memory. These memory requirements were said to be enough to prevent ASIC manufactures from building ASIC. In 2018, this is not enough.
Ministry of industry and information technology, China has released public blockchain ratings and surprisingly, bitcoin is not #1 on the list. The top 5 coins are Ethereum, Steem, Lisk, Neo and KMD. This is followed by Stellar Lumens, Cardano, IOTA, Monero and Stratis. Bitcoin ranks #13, trailing behind Qtum and Bitshares.