Decentralized vs Centralized Bitcoin Exchanges, Binance wants both

Binance has just announced that they plan to develop a public blockchain in order to create a new exchange.  This time, a decentralized exchange.     Taken from the Binance statement:- “After extensively researching decentralized exchange frameworks and analyzing existing implementations, we believe significant improvements can be made in providing Binance users with a level of trading experience to which they are already accustomed. Centralized and Decentralized exchanges will co-exist in the near future, complementing each other, while also having interdependence. We stand here today because we believe that Blockchain…

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Bitcoin in freefall after Binance hack

Bitcoin prices plunged today on speculation that major crypto exchange Binance has been hacked.     The exchange has denied being attacked but several users reported that their altcoin holdings were liquidated unexpectedly and without consent. There is speculation that Binance’s trading bot was at the heart of the issue, while others believe hackers may have orchestrated an attack on the Bitcoin exchange… Binance has halted trading and withdrawals. Full Story: – HACKED     Exchange hacks have plagued Bitcoin since inception, remember the Mt. Gox hack?   This constant…

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132 Crypto Investors file lawsuit against CoinCheck after hack

In a recent report by Japanese media outlet, Sankei, it was stated that 132 cryptocurrency investors filed a lawsuit again CoinCheck, the Tokyo based Bitcoin Exchange.       “Five customers and two corporations already filed a lawsuit seeking a refund of 12 virtual currencies themselves in the district court. The defense team tabled the payout of 13 kinds of currencies deposited by 132 persons, the payment of 100,000 yen each”   Japanese cryptocurrency exchange Coincheck announced on Friday, Jan. 26, that it is suspending all withdrawals after a Ripple payment worth…

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EOT, a Sleeper Coin Crypto Dreams are Made of

With the meteoric rise in the Bitcoin price, everyone is looking for the next big thing and thus we have the rise in new currencies, tokens and the ever popular ICO [Initial Coin Offering].  Traders and investors alike are looking for the “magic coin” that could make their dreams come true.   However, as with everything in life, these dreams don’t come true easily and most new cryptocurrencies will end up on the scrapheap of despair.   The Rise of Tokens and the ICO   The ease with new tokens can…

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Embedded Vault now Supports the Cryptocurrency Waves

  Embedded Vault, the world’s most secure software wallet that turns any computer into a secure hardware device, now supports the cryptocurrency Waves.  Currently, the downloading of the Embedded Vault is FREE, for a limited period only.         The unique interaction between hardware, encryption and blockchain technology, Embedded Vault is a solution that can mitigate the risk of holding cryptocurrency such as Waves, without the need to purchase additional hardware.  Your private keys are not stored anywhere due to the innovative “Dynamic Key Creation” where private keys…

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Embedded Messenger, World’s First Encrypted Blockchain Messenger to launch in April

  LIMERICK, IRELAND, 3 February 2018 — Embedded Downloads announced today the launch of what they believe could be the blockchain killer application of 2018, Embedded Messenger.     According to the company, Embedded Messenger will use blockchain technology giving users the ability to send messages from public key to public key,  creating a secure and private messaging environment.     The company highlighted the following features of the new application.     User Identification via Dynamic Key Creation:     Embedded Downloads pioneered the concept of Dynamic Key Creation, a…

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Fitness Tracking App reveals secret US Army bases

Fitness tracking company, Strava has been revealing sensitive information about the location and staffing of military bases and spy outposts around the world.     The details were released in a data visualisation map that shows all the activity tracked by users of its app, which allows people to record their exercise and share it with others.   Amazingly this map, released in November 2017, shows every single activity ever uploaded to Strava – more than 3 trillion individual GPS data points, according to the company.   Users can use…

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Introducing the Embedded Vault – The World’s Most Secure Cryptocurrency Software Wallet

  LIMERICK, Ireland, Jan. 22, 2018 /PRNewswire/ – Embedded Downloads, the developers of the BitVault®, the world’s first blockchain smartphone, have introduced what they call: – “The world’s most secure cryptocurrency software wallet”     With a unique interaction between hardware, encryption and blockchain technology, the company has created a solution that they believe can mitigate much of the risk of holding Bitcoin and other cryptocurrencies without the need of purchasing additional hardware.     Dynamic Key creation – Your private keys are never stored The defining feature of this product is that the private…

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Ledger user loses £25 000 of Crypto

Quoted from Reddit: – I have not used my Ledger in a week, today I decide to check the value of my XRP, Litecoin and Dash only to discover that all of them showed up as zero and had been transferred somewhere else yesterday all around the same time at 7:30pm.     I am not sure how this is possible as I have not access my Ledger in a week. I do not know what do to as the total value is over £25000, has by currency been stolen…

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What was the First Product to be Bought with EOT?

Cryptocurrency is becoming more popular as a peer to peer payment system and there is no doubt that adoption will increase over time.   The utility cryptocurrency, EOT, recorded the first sale in December 2017.       How does a payment work – A transfer of funds between two digital wallets is called a transaction and this transaction is submitted to a public ledger called the blockchain where it awaits confirmation.  When a transaction is made, wallets use an encrypted electronic signature to provide a mathematical proof that the transaction is…

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