Category: Other

Popular cryptocurrency exchange, Bitfinex has issued a warning to all their users via email that individual residents of USA are not allowed to use their services and access to exchange services will be terminated soon. Bitfinex has prohibited access to US residents and are not allowed to do any kind of trading on the exchange. So if you are a US resident, we urge you to move your funds to other exchanges. If you are a non-US unverified user, get your account verified before the exchange bans you and confiscates your funds. Binance is a good alternative.

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There are two ways to make money – one is honest way and another is by cheating. Unfortunately, scammy Indian ICOs are on the rise. Meet Hirebits, which was pointed by a reddit user bacontoralpha. He says that their whitepaper is full of red flags and indeed it is. There is no legit company behind the ICO and looks like they are just raising money to pull another Confido-like scam.

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Most blockchains still have a single-tiered network where the wallet and server are one in the same at the core level. The original NEM architecture was one of the first to efficiently design and utilize a two-tiered network.  Project Catapult is the first ever announced network using Three. The lead developer working on Catapult told that; older blockchains scale linearly, one server serves only a certain amount of clients.

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PivX Core wallet v3.0.6 has been released that brings myriad bug fixes and stability enhancements. While it is not a mandatory upgrade if you are already running 3.0.5.1 but is recommended to upgrade to keep everything up to date with core updates. Several users were complaining about wallet syncing problems and this update is meant to solve those issues. How to Update to this version? First, gracefully exit/stop the current wallet from the wallet. (File – Exit or ./pivx-cli stop).

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Bittex is the most popular cryptocurrency exchange out there. The exchange is now pushing some updates regarding placing orders. They justify the changes for showing their ‘commitment’ to providing fair and efficient price discovery. They feel that these changes will improve overall trading experience on their markets. Effective today, Bittex will remove orders that are older than 28 days. Many orders have no reasonable expectation of being filled and clog the order books. So this is a good idea.

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Monero team has released 0.11.1.0 and is a part of their mandatory 0.11 update. This major release increased minimum ring signature size to 5 across network and banned duplicate ring members in ring signature. Monero team has been hyper-active over the past few weeks in tweaking the most of it. These updates bring strength and confidence in the entire community. This new release brings myriad enhancements to Monero. Complete changelog is given below. Download links are given at bottom of this post.

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Verge team has launched Pandoon which is a coin tracker that lets you synchronize trades on supported exchanges and checks how you are performing. Pandoon give you complete overview of your trades and calculates your profits and losses. Pandoon records many different transactions types in order to keep an accurate portfolio balance for accounting and tax purposes. So gone are the times where one had to keep an excel sheet or a mobile application like blockfolio to manage your portfolio. With Pandoon, all of your trades are synchronized automatically and displayed accurately in real time. So it is like blockfolio but you do not have to manually enter or edit data yourself. All that is done automatically whenever you buy or sell anything.

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A new crypto currency by the name of BFX coin has popped up recently and is slowly getting a lot of traction. It is yet another scam coin by a small company in India that claims to do this and that but in reality offers nothing. Just like ATC coin that took money of many people who wanted to get-rich-quick, the BFX coin wants to do the same. The company is operating from Delhi, India while it has its headquarters stated elsewhere – just the ATC Coin, another scam crypto coin whose owner was recently caught by Indian police.

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The IGNIS ICO completed on November 4^th 2017. This makes the IGNIS first ICO to make use of NXT as base. So now that the ICO has concluded, 100 million JLRDA + all unsold JLRDA from the last round minus marketing expenses are put up for sale for 1.45NXT. Any unsold JLRDA tokens will be kept by the Jelurida until the IGNIS shapshot is done. They will be used for promotion and fund future development.

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MalwareBytes has added BitConnect website to the list of its blocked sites. One of the users enquired about this on Malwarebytes’ website thinking it could be a false positive but the staff member immediately responded by saying “fortunately, this is not a fp (fake positive)”, implying that the BitConnect’s website is indeed harmful for the users. Bitconnect crypto coin has been getting a lot of heat lately. Bitconnect has been deemed as Ponzi scheme. It promises its users 500 percent return in cash. In addition, users also get guaranteed profit of over 90 percent. The team promises users there is no risk of loss which raised quite a few eye brows.

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