Japanese police arrested Yuki Takenaka, head of Ripple Trade Japan (RTJ) who is believed to have issued an IOU to a customer in Miyagi Prefecture for Ripple currency worth 1.4 million Japanese yen. Mr Takenaka is also believed to have issued fictitious IOUs worth 120 million yen to other customers have well. This was done despite the absence of money to back the IOUs. He has already admitted to the allegations.
Last month we posted about how the atomic swap between Komodo and Bitcoin was performed using only electrum servers. In the same article, we mentioned how this will made available to the public as “BarterDex”. The developer behind this upcoming decentralized exchange has spilled some more features on the official slack channel of barterdex.
Bittrex is one of the most popular crypto currency exchanges and lately got into a lot of heat for banning and disabling accounts on a lot of users. Bittrex has issued an official report on this saying that the cryptocurrency exchange often does compliance reviews to protect their service and prevent their users from harm. In this review, they temporarily suspend / disable / ban certain accounts. The total number of accounts were not revealed but less than 0.1 percent were affected.
Zcash (Zerocoin Electric Coin Company) and JP Morgain announced that they have started the integration of ZSL (zero knowledge security layer) technology on Quorum blockchain which is a JP Morgan’s Enterprise. This latest development will ensure confidentiality while supporting regulatory disclosure that is one of the key requirements in the field of financial industry applications. Earlier this year, JP Morgan and Zcash announced technology partnership to combine talents in developing distributed ledger financial technology. Microsoft is also gave its support to this very effort. All three companies, Zcash, JP Morgan and Microsoft are members of Ethereum Enterprise Alliance.
Kyber Network has announced on their official block that they have successfully burnt nearly 10.3 million KNC tokens. These were sent to unspendable address that no one controls. Total KNC coin supply was 226,000,000 and after burning of tokens, it has been reduced to 215,625,348.
Jelurida has released Ardor timeline on their website and that mentions Nxt as simple and secure crowd funding solution for the new ICOs. All this will be done in first quarter of 2018. The Ardor’s release timeline also mentions in positioning the Nxt Blockchain Creator Kit as a viable solution for new blockchain projects. A lot of security related features will be added too. Permission layer and peer communication encryption for private blockchain solutions will added in this quarter as well.
Purism has announced its collaboration with Monero crypto currency that is private by default. Purism has added Monero for payments on its online store which is a great boon for those users who value privacy over anything else. This will allow the Purism Librem 5 smartphone users to make cash-like payments in form of Monero. This will also enable users a much lower barrier to entry for leveraging the benefits of cryptocurrency.
The new and unique Fairloris plug-in is a worldwide project of great social importance. It is designed for people who like to communicate on the Internet, read reviews on websites, share their own comments and share useful information with others. The plugin is an application for browsers which you are able to leave feedback and comments on every page, regardless of whether there is a commentary function or not. Anyone can use it – simply install the plugin into the browser. For the moment only a demo version is available at Chrome browser, but the developers promise to create a plug-in for all browsers and even a mobile application by the end of 2018. The last step is to create a browser with an integrated comment function. But that’s not all. Active participants of Fairloris will be rewarded with the crypto currency of the project. This is then exchangeable for real money.
Anyone interested in buying Bitcoin or any other cryptocurrency might have stumbled upon dozens of similar guides. In practice, buying bitcoins can be a confusing process. There are so many questions before you can even get started: Where can you buy bitcoins? Is it legal? Is it safe? Where can you get a good price? And many more. Sounds familiar, doesn’t it?
First day of Red Pulse ICO concluded yesterday and refund for transactions made before and after of Red pulse ICO has initiated. Also, transactions exceeding the 1 transaction allowed per participant in each period. Refunds were also sent for transactions exceeding the cap set in each period.