2020loading... What do Bitcoin,  Ethereum, Litecoin, and Dogecoin have in common? They’re cryptocurrencies — digital currencies that use cryptography to secure users’ holdings, control the creation of new currency units, and facilitate the transfer of existing units from one person or party to another. They’re peer-to-peer and completely decentralized: When someone transacts with cryptocurrency, the transaction is broadcast to a network of users, ensuring that the units can’t be double spent.How to Make Money Mining Bitcoin on AndroidSolo Mining on 9fd350d278fe So just how hard is it to make money mining cryptocurrency on a smartphone? It depends. You’re not going to have much luck with Bitcoin — the exponential rise in popularity (one Bitcoin is worth $8,347.98 as of publication time) has made it an attractive target for crypto mining entrepreneurs. Every Bitcoin has a cryptographically generated 64-bit address, and a public key and private key that unlocks that address — that’s what’s generated by Bitcoin miners. But Bitcoin has a hard-coded currency unit limit of 21 million, and the current difficulty is such that most phones will take months to generate a fraction of a Bitcoin.Hash rate, defined as the output of a hash function, is the speed at which a given device can complete the aforementioned cryptographic puzzles. At a Bitcoin difficulty of about 3.8 million and conversion rate of $8,380 per Bitcoin, the NVIDIA GTX 1080 Ti, one of the most powerful graphics processing units (GPUs) on the market, can only generate $0.01615 in one month at a hash rate of 980 MH/s (980 million hashes per second).For the sake of comparison, here’s a list of Android smartphones by cryptocurrency hash rate (using the CryptoNight algorithm in MinerGate)The Best Cryptocurrency & Bitcoin Mining Apps For AndroidNow that we have established the best approach for mining cryptocurrency on Android, the next step is installing a cryptocurrency mining app that’ll automate the process. These Bitcoin, Ethereum, and Monero mining apps for Android automatically download pending transactions from the blockchain and put your phone’s processor to work, uploading the work when it’s complete. loading... MinerGate Mobile MinerMinerGateMinerGate Mobile Miner, a smartphone spin-off of the popular MinerGate cryptocurrency mining client for desktop PCs, is extraordinarily user-friendly (minus the occasional pop-up advertisement or two). It supports Monero, Bitcoin, Bytecoin, Dashcoin, DigitalNote, FantomCoin, Infinium-8, MonetaVerde, and QuazarCoin, and it’s one of the few cryptocurrency mining apps with a built-in wallet for storing generated coins, a cryptocurrency price-checking tool, miner chatrooms. It also makes it easy to withdraw coins to MinerGate’s cryptocurrency exchange, Changelly.comAfter you create an account with MinerGate, which is mandatory, you’re presented with two options: Mobile Mining or Buy Cloud Mining. The first uses your phone’s system-on-chip to mine cryptocurrency, and the second offloads the processing to MinerGate’s servers for a nominal fee. The former option’s the better bet; given cryptocurrency mining’s razor-thin margins, cloud mining is rarely worth the associated surcharges. Unfortunately, MinerGate offers only cloud-based mining for Bitcoin and Monero.MinerGate lets you customize the cryptocurrency mining experience to a degree. You can increase or decrease the app’s thread count (i.e., the number of processor cores it’ll use to mine coins). And you can prevent it from mining when your phone’s off the charger, low on battery, or on mobile data. You can also switch between one of three speeds during mining  — low, medium, or high. Higher mining speeds require more system resources.MinerGate MobilePrice: Free Crypto MinerCrypto Miner might not have MinerGate’s slickness and polish, but it supports a larger number of cryptocurrencies and algorithms, including Bitcoin, Litecoin, Yacoin, Quarkcoin, Groestlcoin, DiamondCoin Evolution v 2.0, Monero, Helixcoin, Skeincoin, and many others. (Not all algorithms are available in the free version; you’ll have to purchase access to individual algorithms if you opt not to shell out $2.28 for the Pro app.) It’s also optimized for NEON, ARM’s advanced SIMD (single instruction multiple data) architecture extension for Cortex-A processors, and requires that you join a mining pool.Crypto Miner keeps things simple. Once you enter your mining pool credentials and select an algorithm from the drop-down menu, you’re free to specify the number of processor threads dedicated to the app’s decryption routine (only up to four, oddly, even on phones with eight-core processors). You’re also able to set the processing priority, and to choose whether the app’s allowed to run in the background or alert you of newly generated coins.Crypto Miner (BTC,LTC,X11,XMR)Price: Free NeoNeonMinerNeoNeonMinerNeonNeon Miner, much like Crypto Miner, requires that you join a cryptocurrency mining pool. Among the list of cryptocurrencies supported are Bitcoin, Litecoin, Feathercoin, Vertcoin, and that just scratches the surface. The UI isn’t the prettiest, and the banner ads are a bit of an annoyance. But NeonNeonMiner offers a detailed cryptocurrency mining log and excellent autoconfiguration script that’ll detect most smartphone system-on-chips in seconds.As far as the options are concerned, NeonNeonMiner is in line with other cryptocurrency mining apps for Android. You’re free to switcining protocols/algorithms. And you can increase or decrease the number of processing threads across which the app will run when irmingDASH.. CryptoCoin Miner)Price: Pocket MinerIf you don’t intend to switch between cryptocurrencies often, LitecoinPool.org’s Pocket Miner might be the mining app for you. It only supports one cryptocurrency, Litecoin, on LitecoinPool’s servers. You’re unlikely to find local system-on-chip mining profitable — short of an ASIC miner, it’ll take you months to generate enough Litecoin to pay for the electricity your phone consumes — but Pocket Miner plays nicely with cryptocurrency clients for desktops and custom mining rigs.The settings menu is where you’ll find options for increasing or decreasing the processor thread count, selecting the server nearest you, and automatically stopping/starting mining when your phone’s charging, running low on battery, or connected to Wi-Fi. MinerSmartphoneHash rateHuawei Mate 950 H/sSamsung Galaxy Note 850 H/sSamsung Galaxy S8 Plus45 H/sSamsung Galaxy S745 H/sOnePlus 541 H/sGoogle Pixel 240 H/sLeEco Le 240 H/sXiaomi Redmi Note 335 H/sAsus ZenFone Selfie18 H/sAsus ZenFone 217 H/sSamsung Galaxy S514 H/sNexus 510 H/siRULU eXpro Tablet10 H/sOnePlus 3T8 H/sSamsung Galaxy A38 H/sLG G47 H/sSamsung Tab V3 Lite6.15 H/sOnePlus One6 H/sMotorola Razr Max5 H/sAlcatel Vodafone Smart Tab 3GClearly, that old smartphone you’ve had lying around in a drawer forever isn’t going to make you rich overnight. That said, there’s an alternative to Bitcoin mining that’s comparatively profitable: mining alternate cryptocurrencies (“altcoins” for short) and trading them for Bitcoin.Take Zcash, for example. At a difficulty of about 8.4 million and a conversion rate of 0.028 Zcash per Bitcoin, the NVIDIA GTX 1080 Ti can generate $59.4 in one month. That’s not exactly a goldmine, and your smartphone will generate just a fraction of that total. But it’s a heck of a lot better than the fractions of a penny on the dollar you get with Bitcoin mining.4 H/sGet linkFacebookTwitterPinterestEmailOther AppsCommentsPost a CommentPopular posts from this blogGet free moneyAugust 12, 2020Get free money : Tabrez malim for funRead morePowered by BloggerTheme images by Michael Elkan

converting it to Bitcoin.

While the benefits were initially highly incremental for the company, MicroStrategy seems to be raising its game now.

As a recent Ecoinometrics report pointed out, MicroStrategy might be trying to raise another $400 million to invest in Bitcoin. At the most basic of levels, what does this entail? Well, with such an investment, MSTR might not be looking at the profitability of its cash reserves alone. Instead, it may also have an eye on the improvement of its own stock value.

The attached chart illustrates the growth of BTC v. MSTR v. NASDAQ in 2020 and as observed, MSTR and BTC have been on a parabolic rise. This is an astounding difference because between 2019 and August 2020 (MSTR’s Bitcoin treasury investment program), MSTR enjoyed a 51% correlation to NASDAQ.

In fact, the spike in its stock value has taken flight since the start of the BTC investment program. Following the same, the correlation flipped, with MSTR having a 52% correlation with BTC and only 21% with NASDAQ at the time of writing.

This is not unusual because Saylor and MicroStrategy possibly understood that they are still at the beginning of the accumulation phase. These institutions have been eyeing Bitcoin has a strong store of value, and MSTR’s investment plan with Bitcoin has now improved its stock value as well.

In fairness, MicroStrategy’s investment plan is very aggressive. It is truculent to the point that any 2017-esque dip in Bitcoin’s value would cause havoc for these organizations. However, what should be noted here is that Bitcoin’s economic landscape has changed dramatically of late.

After attaining a high on 24 November, Bitcoin has consolidated, but not declined drastically on the charts. Why? Well, it is because these institutions are absorbing the possible selling pressure exhibited by the retailers.

Now, other institutions may follow MSTR’s path as well. Custodial services such as BitGo and Grayscale are currently at the forefront of representing institutional investors and it is important to note that investors often pay a premium on these exchanges.

The fact that Grayscale has absorbed a massive amount of BTC in 2020 is suggestive that their clients are only increasing by the day.

The only difference is that MicroStrategy is making its plans public. It might not be long before others too openly invest huge sums in Bitcoin.

What is key to Bitcoin Futures, Options markets’ recovery?

What you should know about Ethereum’s security model

Biraajmaan is a full-time journalist at AMBCrypto covering the US market. A graduate in Automobile engineering, he writes mainly about regulations and its impact with a focus on technological advancements in the crypto space.

Was this weekend different than the previous ones for Bitcoin?

Here’s how many Bitcoin is left for retailers to buy

Bitcoin: What will price discovery above $20,000 need?

Why Ethereum’s competitors might have a slim shot at taking the crown

Forget Bitcoin as a store of value! Here’s why it’s much more than that…

FTX adds 9 more tokenized stocks including Square, PayPal, MicroStrategy etc.

ecosystem, we don’t realize what this implies, so, let’s take a look at what this means.

Grayscale Investments has been at the forefront of bringing bitcoin to institutions and retail alike. However, what goes unnoticed by most is the rate at which they are buying BTC.

Jan 2017 – Jan 2018, their BTC holdings increased by 9.87%. The same trend was observed from Jan 2018 to Jan 2019 with a 15.73% growth in holdings. From Jan 2020 to June 2020, the holdings increased by a whopping 89.39% to 536.86K BTC that they hold [not accounting for the first week of December].

Grayscale is gobbling up bitcoin at an unprecedented rate as more institutions realize what the future for the dollar holds.

In an interview with CNBC Michael Saylor casually mentioned that it would produce profits in excess of $500 million next year and it would debase by 15-20% if held as cash, which is why he invests it in bitcoin, which provides 100% yearly return. Just from August 2020 to December 2020, Michale Saylor has scooped up a whopping 40,824 BTC, which is approximately 7% of what Grayscale holds.

These two companies are just the ones that are in the news or being talked about widely in the crypto space.

Let’s take a look at the ones that aren’t.

As one can see, these companies together hold about 0.888 million BTC or 888K BTC. This number is only going to go up.

The question that should, at this point, come up in is – “Will there be any BTC left for people like you and me, the retail side of the market?”

Let’s take a look at that.

Total BTC supply – 21M To be mined – 2.434M Circ. supply – 18.565M Lost BTC – ~4M Free float – 14.565M

So, we have approximately 14.565 million BTC circulating in the free market. 6.09% of this is already owned by these institutions, which leaves a total of 13.667M BTC to us retail folk, right?

Let’s try to approximate the bitcoins being held by whales or owned/held solely by exchanges.

There are a total of 15.866M BTC held in wallets containing more than 10 BTC, which are whales [very losely]. However, this includes the lost bitcoins [of 4M]. deducting that, we have 11.866M BTC held by whales/exchanges.

So, 11.866M BTC out of 13.667M BTC is held by either whales or exchanges or both, which leaves about 1.801M BTC readily available and for the taking of retail, institutions, and whales alike.

Although the above is a very vague approximation of numbers by loosely defining whales, exchange supply, etc., this does bring out a portion of the truth if not the whole truth itself, which is bitcoin is scarce.

Why Ethereum is the most dominant cryptocurrency?

SBI Digital Asset Holdings to partner with SIX Exchange

Akash is a full-time cryptocurrency writer and an analyst at AMBCrypto. He is an engineering graduate with an avid interest in finance and economics. Attracted to the chaos of trading, Akash has invested in BTC, ETH and XRP for educational purposes.

Why MicroStrategy will not stop investing in Bitcoin

Was this weekend different than the previous ones for Bitcoin?

Bitcoin: What will price discovery above $20,000 need?

Why Ethereum’s competitors might have a slim shot at taking the crown

Forget Bitcoin as a store of value! Here’s why it’s much more than that…

FTX adds 9 more tokenized stocks including Square, PayPal, MicroStrategy etc.

Mohammed bin Zayed. The scammers did not just stop there, but went further to claim that they will be helping investors to gain large profits from trading Bitcoin.Apparently, the scam did succeed in tricking many unsuspecting users by using the crown prince name as well as his multiple titles such as the Supreme Commander of the Armed Forces, and claiming that he had earlier invited people to invest in a crypto scheme (whose cost is Dh1,000 or about $270) that would make them rich within seven days of investment.An endorsement by the crown prince himself was more than enough for thousands of people to immediately get lured into the Bitcoin scheme whilst interested participants did not mind sharing their phone numbers as well as email addresses with these criminals.Accordingly to the report, Facebook ultimately decided to act after many submitted complaints by deleting the crypto scams page that was operating from both Argentina and Ukraine. The page had operated freely for weeks, and apparently as a Facebook ad as well, before it was finally shut down.While all the investigation is still ongoing, finding out all the details about this fraudulent activity, citizens have been advised to check the genuineness of any campaign they come across. These kind of shady campaigns usually ask for either donations or pledges, while they usually operate online and on social media platforms without an actual physical location.How the Crypto Fraudsters Operated As expected, first of all they made use of a promotional post (advertisement) that aided in directing people to the fake story which was clearly unsolicited in the news feed of UAE residents.This post had the crown princes picture and was marked as being sponsored. Also, it included a fake quote which was surely not real, yet it claimed to be made by the crown prince saying that the Bitcoin scheme was actually his way of giving back to his beloved people. The scam also directed users via links to other scams, which unsuspecting victims did not only like or comment on, but they also went further to share the post on Facebook, increasing the scope of the fraud.After Facebook brought the page down, the government of Abu Dhabi made its own responsible move to educate and remind its citizens that they will need to be much more cautious of fraud, especially those that take place on the web. Residents were also urged to verify whatever information that comes their way by checking with some official channels before responding and investing in such schemes.A digital marketing expert based in Dubai said he was surprised at the way people responded to the scam without suspecting a thing. He has been residing in Dubai for roughly two years, and he also made mention of Facebook stepping up in being more vigilant with every content the social network promotes.Everything about the scheme was fake, including the name of the author that told readers his success story of making Dh26,000 within three days. Instead of the picture of Michael Alvarado (the person who claims to be the writer), the picture he used was that of a United States based freelance journalist known as Timothy Seppala.This is not the first time that crypto fraudsters use the name of celebrities and known figures to entice users. Previously, the name and photos of renowned actor William Shatner , famous tech entrepreneur Elon Musk and even New Zealands Prime Minister were exploited to promote similar cryptocurrency scams.Sharing Is Caring:Related Posts: Abu Dhabi Ports Explores Blockchain-Based System for CargoAlternative Data Explains Why Bitcoin SuddenlySony and Fujitsu to Combat Fake Japanese ProficiencyMultiple Fake Twitter Accounts of Elon Musk PushBrazilian Presidential Candidate Haddad Puts

drug dealer convicted for trafficking in drugs and weapons on the dark web.Phan’s 2018 arrest and the subsequent seizure of his Bitcoin wallet was a first for Canada, and Jevans’ certification as an expert witness is a first for the Canadian court system.The Canadian government appreciated Dave Jevans’ help | Source: Business Wire“I would have loved to have access to a tool such as CipherTrace when I originally conducted this investigation in May of 2015. The report prepared by Dave really was the pivotal piece in the Crown’s case for forfeiture.”Phan argued that half of his crypto stash wasn’t from drug dealing. He contended that only his Bitcoin was used on the dark web. However, CipherTrace’s Dave Jevans painted a different picture in court.Although the CipherTrace news release notes that the arrest took place in 2015, a local police website states that the investigation began in March 2018 and concluded in May of 2018. However, to our knowledge, the following statement in the press release is accurate:“At the Crown Attorney’s request, Judge Kelly qualified Mr. Jevans to testify as an expert, making him the first-ever Bitcoin expert witness qualified by a Canadian court.”Phan used both Agora and Evolution. Agora may still be in operation. However, Evolution exit scammed in early 2015 and this reporter was interviewed by the BBC related to his reporting on the events.Phan didn’t have much of a case, and wouldn’t have gotten far in the US either. During the search of his condo, police found nearly every drug they suspected him of selling. They also discovered his unencrypted Bitcoin wallet.In the US, if convicted of drug dealing, the government can seize most or all of your assets pending trial. Asset forfeiture laws are so that simply carrying cash can cause the cash itself to be charged with a crime. Last month, however, the Supreme Court ruled that there are limits on how much police can seize. The Land Rover case, in which police claimed a $42,000 vehicle in relation to $225 worth of drug sales, marked the first time the government enforced the constitutional protection against “excessive fines.” The ruling doesn’t change the risk to property much, but it enables people to argue that they were excessively fined, as lawyer Wesley Hottot told the New York Times:“The new thing is that they can now say at the end of it all, whether I’m guilty or not, I can argue that it was excessive.”Phan lost his appeal to retain around half of his cryptos. The government is effectively $1.2 million richer as a result. Whether they will auction the coins, as other governments have done, is unknown at this time.While every dark web marketplace seems to have a shelf life, the show goes on. The lucrative market invented by Ross Ulbricht is still a key use case for cryptocurrencies. Regardless of the authoritarian stance of governments toward recreational drugs. Such transactions would be impossible without cryptocurrency.P. H. Madore has written for CCN since 2014 and is currently Head of Crypto. Please send breaking news tips or requests for investigation to [email protected] His website is http://phm.link

also in a large number of movies, which are entirely devoted to this topic. With this in mind, we’ve decided to collect the best blockchain and crypto-related movies in order to help you take a break and relax. It is worth noting that you will need a few hours to enjoy all films, but the following list definitely deserves your attention. You want the latest news about Crypto? Then follow us on Google News! Year: 2017 Duration: 55 minutes Director: Tim Delmastro The main idea of ​​this documentary is the influence of Bitcoin on the daily lives of people around the world and the use of cryptocurrency instead of fiat. In addition, you will be able to know more about the history of Bitcoin, its main properties, and features. This movie will show you how cryptocurrency works in an easy to understand manner. The film starred Roger Ver, who is one of the main promoters that support the use of cryptocurrency as a payment method for any services and goods. Moreover, the main characters of the film are the famous trader, Tone Vays, and Bitcoin expert, Trace Meyer. Additionally, it is worth mentioning that film makers have focused on the process of forming a global currency, which is simply impossible to control. Year: 2015 Duration: 1 hour Directors: Torsten Hoffmann (co-director), Michael Watchulonis (co-director) Even today, when the word “Bitcoin” is well-known, a term such as “blockchain” remains a mystery to the vast majority of people. The main purpose of the film is to popularize cryptocurrencies and to make people understand, in simple language, what blockchain is and its role in their life. Particular attention in the film is given to the difference between Bitcoin and fiat money or any other payment method in the history of mankind. Bitcoin is represented as the first fully decentralized payment facility in the world where there is no place for intermediaries and third parties. Year: 2018 Duration: 1 h 24 min Director: Alex Winter This is a new movie from which we can learn more about blockchain technology and its features. The film shows the full story of the creation and development of blockchain technology. So, you will know about all the possibilities that distributed ledger technology provides – from cryptocurrencies to the secure storage of personal information. Apart from this, the director emphasized the personal opinions of experts in order to better illustrate the whole importance of blockchain technology. The interviews for the documentary were given by venture investor Tim Draper, head of the Guardian Circle, Mark Jeffrey, and activist Lauri Love. Year: 2014 Duration: 1 h 36 min Directors: Travis Pitcher, Joseph Lebaron (co-director) The main argument of most cryptocurrency critics is the fact that you can’t buy everyday things with Bitcoin, and even more so, with any other digital coin. For this reason, we’ve chosen to tell you about this remarkable documentary about the life of two young people, Austin and Beccy Craig. They’ve decided to try something that at first seemed unattainable: to live 100 days on cryptocurrencies. As a result, in the first part of the movie, you will find out what Bitcoin is, how it is used, its problems and features as well as its difficulties in application. Then, you will be amazed at how the spouses are trying to pay for all things with cryptocurrency. You will definitely like the movie because of all the funny moments that involve the process of convincing the sellers to accept cryptos. Year: 2014 Duration: 35 min Director: SQ1.tv This documentary is based on several interviews that the filmmakers took from leading market experts: In these interviews, you will find out about the basics of the blockchain, Bitcoin, as well as industry forecasts for the coming years. If you are a crypto enthusiast, you need to watch this masterpiece, as all the big minds are reunited in a video of just a few minutes. They explain the main concepts in an easy to understand manner, even for newbies. Undoubtedly, there are a lot of blockchain technology, Bitcoin, and cryptocurrencies related movies, through which you can learn about this industry, its history, as well as possible development scenarios. If you are interested in cryptocurrencies, then we highly recommend watching at least a few of the above movies. Featured image: togetherwerock.com coindoo.com is author of this content, TheBitcoinNews.com is is not responsible for the content of external sites.   source: -must-watch-while-staying-home/ TheBitcoinNews.com is here for you 24/7 to keep you informed on everything crypto. Like what we do? Tip us some BAT Send Tip now!

gained 2%, pushing it over $8 on the global charts. Litecoin and Ethereum are maintaining their ranges.The expected carnage in Bitcoin SV-land hasn’t taken place. Yet. But there’s been a steady rise in volume, as seen here:Steady increase in BSV volume. | Source: CoinMarketCapAs regards Bitcoin SV, many of the people on Coinbase had already waited so long to get their tokens they probably didn’t miss it by the time it came as a Valentine’s day gift. As such, it makes as much sense for them to take a “hold and see” approach as anything.One interesting market to watch and potentially play is BCH/BSV. It would be interesting to see how much volume now flows out of BSV into BCH, from those who stood on the ABC side of the philosophical fork. Yet there only appears to be only one such market, with no activity. This owes to the fact that both BCH and BSV are treated as altcoins, rather than base pair coins, most everywhere.The spread between Bitfinex and Coinbase is just under $100 today. Coinbase is calling it $3,566-$3,569 at press time.The only notable thing about the 24-hour period for BTC is it had a minor spike in intraday trading.Not much to see here. The 24-hour high was nearly $3,700 at Bitfinex and over $3,610 at Coinbase. We clock Coinbase prices as more realistic, given their massive end-user base.Don’t let the calm get to you. No one’s sure which way it will break next time. All we can say is: go with your gut. If you feel this is a “dip,” buy it. If not, wait and see.Ethereum would look a lot sexier at $125 or $150, but it struggles every time it gets near $123.By press time, Coinbase had it for $120.15. Remembering the $1,000 days of Ethereum, it sure does feel like it’s time to buy, buy, buy. But then again, just the other week we had opportunities to buy at $105. It’s your life, trader.Binance Coin had a nearly 5% gain over the 24-hour period, thrusting it past $9 over the course of $84 million in volume. We wonder if the increased demand is from Voyager, who just launched this week and probably have a strong need for fee discounts attained when using BNB.BNB traded up 5% while Binance for once wasn’t the most active market in the world.Demand for BNB is purely based on the usefulness of Binance itself. As that goes, it’s interesting to note that for the first time in a long time, Binance was not #1 in volume over the 24-hour period. “Adjusted” volume, that is, which accounts for some factors known to CoinMarketCap.In any case, the exchange holding the crown as most used in the last 24 hours is ZB.com. They did most of their volume in QTUM, while Binance did most of its in Bitcoin.What an interesting paradigm has been created. ZB describes itself as:“[A]n international top-level domain which invested by well known enterprise and it is legal and safe. ZB.com provide trading service for blockchain asset such as Bitcoin, Ethereum and Litecoin to the customers around the world. It uses multiple security technologies such as distributed server clustering, distributed storage and hot and cold wallet separation to ensure customer asset security. Focusing on providing safe,convenient and comfortable blockchain asset trading service to global customers.”Even so, it’s not well-known among crypto investors. We’ll see how long it holds this title, or if Binance regains its throne.P. H. Madore has written for CCN since 2014 and is currently Head of Crypto. Please send breaking news tips or requests for investigation to [email protected] His website is http://phm.link

The Russian analyst, who has a large following from his region, was surprisingly bullish.When asked about whether or not he agrees with the cheery sentiment put forth by pundits like Tom Lee, who recently claimed that Bitcoin’s current fair value is anywhere from $10,000 to $14,000 on CNBC and Bloomberg, or digital gold proponent Michael Novogratz, he agreed. Radchenko opined that more likely than not, BTC found a long-term floor at $3,150, meaning that the bottom could very well be in.However, that’s not to say that new highs are inbound. Far from. In fact, the analyst hinted that there’s a massive likelihood that new highs won’t be inbound for Bitcoin this year, nor will there be a 2017-esque bull rally in the near future. He states that by August, over three months away, BTC would have only likely reached $7,000 apiece, which is 30% above current levels. From there, he expects for a local top to be rejected, meaning that BTC could fall down to $5,000. But by the end of the year, Bitcoin could very well see $10,000. And some have agreed. Per previous reports from this outlet, Clem Chambers, the chief executive of ADVFN explained that BTC could see $10,000 by the end of the year.He explains that the recent issuance increase in Tether (USDT), among other stablecoins, is what is “going to lift BTC,” looking to the fact that fundamentally, money “flowing into crypto is what sustains and raises prices.” As Chambers explains, for the current inflationary Bitcoin to have a positive money flow, new fiat has to enter in every day to “match new supply” and to ensure that a crash doesn’t ensue. With USDT supply recently increasing, and there being clear signs that “dry powder” is being unloaded into the cryptosphere, Chambers concluded that there is a “clear pathway upwards” for BTC. The increase in incoming fiat isn’t the only bullish catalyst, however.Chambers looks to the fact that Bitcoin has begun to “eat into the interest in gold, at least in the U.S.” He adds that as such, when the need arises for capital flight and store of value, Bitcoin will begin to share a “crown with gold” for that market. He lays out a conservative case: if BTC eats up even 20% of gold’s market share, BTC will be “through its previous $20,000 high,” even if use cases other than being a store of value for the asset aren’t developed.Arthur Hayes, too, would agree. As we covered previously, the chief executive of BitMEX wrote that there that market will show “green shoots” as this year comes to a close, allowing Bitcoin to “claw back to $10,000.” Backing his call, he draws attention to a number of factors, like the recent dovish state of the Federal Reserve, among other factors.

most of the of us on Coinbase had already waited goodbye to salvage their tokens they doubtlessly didn’t leave out it by the time it came as a Valentine’s day reward. As such, it makes as powerful sense for them to purchase a “spend and examine” manner as anything else.One attention-grabbing market to ogle and doubtlessly play is BCH/BSV. It’s miles also attention-grabbing to blueprint how powerful volume now flows out of BSV into BCH, from of us who stood on the ABC side of the philosophical fork. But there totally appears to be like to be totally one such market, without a instruct. This owes to the truth that both BCH and BSV are handled as altcoins, as a change of unsuitable pair coins, most everywhere.The unfold between Bitfinex and Coinbase is appropriate underneath $100 this day. Coinbase is calling it $3,566-$3,569 at press time.The definitely valuable thing about the 24-hour duration for BTC is it had a minor spike in intraday procuring and selling.No longer powerful to blueprint right here. The 24-hour excessive became in relation to $3,700 at Bitfinex and over $3,610 at Coinbase. We clock Coinbase prices as more life like, given their massive conclude-user unsuitable.Don’t let the easy salvage to you. Nobody’s particular which manner it can rupture subsequent time. All we can sing is: hurry along with your intestine. In the event you maybe is also feeling right here’s a “dip,” purchase it. If no longer, wait and examine.Ethereum would watch loads sexier at $125 or $150, but it struggles on every occasion it will get shut to $123.By press time, Coinbase had it for $120.15. Remembering the $1,000 days of Ethereum, it particular does feel admire it’s time to hang, purchase, purchase. But on the opposite hand, appropriate the diversified week we had opportunities to hang at $105. It’s your existence, trader.Binance Coin had a in relation to 5% accomplish over the 24-hour duration, thrusting it previous $9 over the course of $84 million in volume. We wonder if the increased ask is from Voyager, who appropriate launched this week and doubtlessly have an spectacular need for fee reductions attained when the exhaust of BNB.BNB traded up 5% while Binance for once wasn’t the most active market on this planet.Inquire of for BNB is exclusively in step with the usefulness of Binance itself. As that goes, it’s attention-grabbing to instruct that for the principal time in a long time, Binance became no longer #1 in volume over the 24-hour duration. “Adjusted” volume, that is, which accounts for some factors identified to CoinMarketCap.As a minimal, the change keeping the crown as most veteran in the final 24 hours is ZB.com. They did most of their volume in QTUM, while Binance did most of its in Bitcoin.What a inspiring paradigm has been created. ZB describes itself as:“[A]n world high-stage domain which invested by successfully identified enterprise and it’s correct and stable. ZB.com present procuring and selling service for blockchain asset corresponding to Bitcoin, Ethereum and Litecoin to the possibilities across the area. It uses more than one security technologies corresponding to dispensed server clustering, dispensed storage and frosty and sizzling wallet separation to be certain customer asset security. Focusing on providing stable,handy and delighted blockchain asset procuring and selling service to world possibilities.”Even so, it’s no longer successfully-identified amongst crypto investors. We’ll blueprint how long it holds this title, or if Binance regains its throne.P. H. Madore has written for CCN since 2014. He is receptive to ideas on his work.

of the people on Coinbase had already waited so long to get their tokens they probably didn’t miss it by the time it came as a Valentine’s day gift. As such, it makes as much sense for them to take a “hold and see” approach as anything.One interesting market to watch and potentially play is BCH/BSV. It would be interesting to see how much volume now flows out of BSV into BCH, from those who stood on the ABC side of the philosophical fork. Yet there only appears to be only one such market, with no activity. This owes to the fact that both BCH and BSV are treated as altcoins, rather than base pair coins, most everywhere.The spread between Bitfinex and Coinbase is just under $100 today. Coinbase is calling it $3,566-$3,569 at press time.The only notable thing about the 24-hour period for BTC is it had a minor spike in intraday trading.Not much to see here. The 24-hour high was nearly $3,700 at Bitfinex and over $3,610 at Coinbase. We clock Coinbase prices as more realistic, given their massive end-user base.Don’t let the calm get to you. No one’s sure which way it will break next time. All we can say is: go with your gut. If you feel this is a “dip,” buy it. If not, wait and see.Ethereum would look a lot sexier at $125 or $150, but it struggles every time it gets near $123.By press time, Coinbase had it for $120.15. Remembering the $1,000 days of Ethereum, it sure does feel like it’s time to buy, buy, buy. But then again, just the other week we had opportunities to buy at $105. It’s your life, trader.Binance Coin had a nearly 5% gain over the 24-hour period, thrusting it past $9 over the course of $84 million in volume. We wonder if the increased demand is from Voyager, who just launched this week and probably have a strong need for fee discounts attained when using BNB.BNB traded up 5% while Binance for once wasn’t the most active market in the world.Demand for BNB is purely based on the usefulness of Binance itself. As that goes, it’s interesting to note that for the first time in a long time, Binance was not #1 in volume over the 24-hour period. “Adjusted” volume, that is, which accounts for some factors known to CoinMarketCap.In any case, the exchange holding the crown as most used in the last 24 hours is ZB.com. They did most of their volume in QTUM, while Binance did most of its in Bitcoin.What an interesting paradigm has been created. ZB describes itself as:“[A]n international top-level domain which invested by well known enterprise and it is legal and safe. ZB.com provide trading service for blockchain asset such as Bitcoin, Ethereum and Litecoin to the customers around the world. It uses multiple security technologies such as distributed server clustering, distributed storage and hot and cold wallet separation to ensure customer asset security. Focusing on providing safe,convenient and comfortable blockchain asset trading service to global customers.”Even so, it’s not well-known among crypto investors. We’ll see how long it holds this title, or if Binance regains its throne.P. H. Madore has written for CCN since 2014. He is receptive to feedback on his work.This site uses Akismet to reduce spam. Learn how your comment data is processed.Enter your email address to subscribe to Cryptos UK and receive notifications of new posts by email.

elements regarding the Canadian Bitcoin exchange’s sudden closure and supposed $150 million in missing crypto funds. Here is a run-down of what we know — and don’t know — so far.For over a year, suspicions have circulated that Michael Patryn might actually be a famously convicted scammer by the name of Omar Dhanani. Dhanani was a member of the Shadowcrew and plead guilty to numerous counts of identity fraud back in 2005.According to lawyer Stephen Palley, Dhanani also used the name Omar Patryn in a forfeiture case. Omar Patryn was also a name used to start a company called Midas Gold Exchange.So I saw a claim that Omar Dhahani is really Michael Patryn of the Quandringa Exchange.Omar Dhanani has a pretty easy to find criminal history.He also used the name Omar Patryn as an aka in a 2005 forfeiture case.Again, these allegations have not been definitely proven. However, Palley added on Twitter:“If we were in front of a jury, with just this, and the burden was preponderance of the evidence — hard to imagine a jury concluding anything other than that the two people are one and the same, in my personal opinion.”At a minimum, having an identity thief in the upper echelons of a company that handles people’s personal and financial information is a major problem. QuadrigaCX repeatedly claimed a year ago that Michael Patryn had left the company years before. Nevertheless, the information and proper divulging of it might have foreshadowed the eventual problems the exchange faced. Clearly, not all is well with a company that has such things going on.This isn’t the first time QuadrigaCX has run into trouble. | Source: ShutterstockBack in October, the Canadian Imperial Bank of Commerce froze around $22 million in QuadrigaCX funds. The bank claimed it was unable to ascertain the real ownership of the money.The bank began having issues with QuadrigaCX when several bank wires were recalled.CIBC was unsure if it should return the money or not, while at the same time it couldn’t be sure if all of the money in the account belonged to Quadriga. It therefore sought help from the courts to determine the best course of action, according to the Globe and Mail.“CIBC says in court documents that it had received wire recalls from seven of the 388 depositors and was not sure whether to honour the requests. CIBC says it tried to investigate, but was not able to resolve the matter. As a result, the bank is seeking what is known as an “interpleader order,” which would allow it to pay the money into court and have the justice system decide where it should go.”As CCN reported over the last week, it’s unclear whether QuadrigaCX actually possessed $150 million in crypto at the time of its closure and/or Cotten’s death. Blockchain analysts have released inconclusive reports, but so far no one has found evidence that the exchange was solvent. Taylor Monahan says that her investigation found that the company definitely didn’t possess a significant enough amount of Ethereum to make it liquid.2016: 0x0ee4e2d (blue)Biggest outgoing TXs go to:– A Bitfinex Deposit Address #1 (red)– 0x027beef (green)– 0xb6aac (purple) pic.twitter.com/jsPOnIADGIWorse, a lot of the funds seem to have moved to external exchanges. If the movements tracked by various blockchain analysts aren’t suspicious, we don’t know what is.According to a death certificate with a misspelling of Cotten’s name, Gerald Cotten passed away on December 9 in India. His wife claims he was opening an orphanage at the time. Without regard to that, over a full month went by before the exchange began to falter and Cotten’s death was announced by the Bitcoin exchange.Jack…. look at the Death Certi… the name is even spelt wrong! pic.twitter.com/HeGOr09PpWIt’s not surprising that officials in India might have misspelled a Western name. This reporter has repeatedly misspelled Cotten’s name, confusing it for the way that Senator Tom Cotton’s name is spelled.All the same, the length of time between the death of the CEO and the announcement is suspicious. That it coincides with the faltering of the exchange is even more interesting. The crypto exchange suddenly needs funds that it didn’t need for a month previous to remain solvent? And nobody gets anything as a result?It’s probably common to update your will before going to a foreign country, if you have significant assets. There are several ways to make sure your loved ones can have access to your documents. One is to keep a copy of a master password with access to more important information with your attorney. Another is to trust them while you are alive.Reportedly, Cotten’s laptop has been difficult to get into. If the funds actually exist, it would seem the founder is more cautious than some examples we’ve seen in the crypto community, like the crypto payments firm employee who sent $5 million in Bitcoin out by accident.Nevertheless, traces of Cotten’s digital life are few and far between. His LinkedIn profile is no longer active. We wonder if someone had access to that. And if so, what else has he/she/they had access to?Everything will come out in the wash. The case brings to mind the mysterious disappearance BitConnect exec John Bigatton’s wife. She disappeared without a trace as the walls came crashing down around Bigatton, leaving open the possibility that she is somewhere off-shore holding funds for Bigatton.P. H. Madore has written for CCN since 2014 and is currently Head of Crypto. Please send breaking news tips or requests for investigation to [email protected] His website is http://phm.link

recent movements in this market. The Russian analyst, who has a large following from his region, was surprisingly bullish. When asked about whether or not he agrees with the cheery sentiment put forth by pundits like Tom Lee, who recently claimed that Bitcoin’s current fair value is anywhere from $10,000 to $14,000 on CNBC and Bloomberg, or digital gold proponent Michael Novogratz, he agreed. Radchenko opined that more likely than not, BTC found a long-term floor at $3,150, meaning that the bottom could very well be in. zslot_0',101,'0'])); However, that’s not to say that new highs are inbound. Far from. In fact, the analyst hinted that there’s a massive likelihood that new highs won’t be inbound for Bitcoin this year, nor will there be a 2017-esque bull rally in the near future. He states that by August, over three months away, BTC would have only likely reached $7,000 apiece, which is 30% above current levels. From there, he expects for a local top to be rejected, meaning that BTC could fall down to $5,000. But by the end of the year, Bitcoin could very well see slot_2',134,'0'])); And some have agreed. Per previous reports from this outlet, Clem Chambers, the chief executive of ADVFN explained that BTC could see $10,000 by the end of the year. He explains that the recent issuance increase in Tether (USDT), among other stablecoins, is what is “going to lift BTC,” looking to the fact that fundamentally, money “flowing into crypto is what sustains and raises prices.” As Chambers explains, for the current inflationary Bitcoin to have a positive money flow, new fiat has to enter in every day to “match new supply” and to ensure that a crash doesn’t ensue. With USDT supply recently increasing, and there being clear signs that “dry powder” is being unloaded into the cryptosphere, Chambers concluded that there is a “clear pathway upwards” for BTC. The increase in incoming fiat isn’t the only bullish catalyst, however. Chambers looks to the fact that Bitcoin has begun to “eat into the interest in gold, at least in the U.S.” He adds that as such, when the need arises for capital flight and store of value, Bitcoin will begin to share a “crown with gold” for that market. He lays out a conservative case: if BTC eats up even 20% of gold’s market share, BTC will be “through its previous $20,000 high,” even if use cases other than being a store of value for the asset aren’t developed. 2','ezslot_4',102,'0'])); Arthur Hayes, too, would agree. As we covered previously, the chief executive of BitMEX wrote that there that market will show “green shoots” as this year comes to a close, allowing Bitcoin to “claw back to $10,000.” Backing his call, he draws attention to a number of factors, like the recent dovish state of the Federal Reserve, among other factors.

enable instant payments, something that Bitcoin was unable to do due to its slow transaction confirmation times. For instance, a transaction on the bitcoin blockchain is confirmed after 10 minutes compared to 2.5 minutes on the Litecoin blockchain. The Litecoin platform uses the proof-of-work (PoW) consensus algorithm. The algorithm is characterized by a computer power-intensive mining process. Although this algorithm is like the one employed by the Bitcoin blockchain, it has one significant difference. Bitcoin employs the SHA-256 hashing function while the Litecoin protocol makes uses of the Scrypt hashing function. Notably, the difference in the hashing functions gives each platform its distinctive transaction speeds. Another difference between the two largely similar coins is their creators. While bitcoin was created by a pseudonymous Satoshi Nakamoto, Litecoin was created by Charlie Lee, a computer scientist, and a former Coinbase employee. From price swings to Charlie Lee’s shocking revelation, the number seven top crypto, with a market cap of $2.7 billion, continues to make waves in the cryptocurrency space. For example, in August last year, Litecoin’s founder Charlie Lee revealed that development activities on the platform were almost to a near-halt since the beginning of 2019. In a tweet, Lee apologized for not informing the Litecoin community in time: Apart from Lee’s revelation, the Litecoin price has, in the latest past, been on the limelight for both the good and the wrong reasons. At the end of the first quarter of 2019, the Litecoin price recorded a 100 percent increase, having jumped from $30 to $61 in three months. The appreciation was a phenomenon considering it recorded such impressive figures in the first quarter in the year 2017. In February 2020, the price of Litecoin rejuvenated the hopes of its community after it retained its earlier crown of $70, which it had last worn in September of 2019. From $43 to $70 in just one month, this was seen as an early sign of an impending bitcoin rally. Most significantly, this theory was hoisted by a similar phenomenon that was witnessed in March of 2019. Instead of continuing with its upward trajectory, the price of Litecoin took a hit, possibly due to the coronavirus pandemic. From a high of $70 in February, LTC is retailing at $42.19. With the pandemic not having an end in sight, Litecoin is likely to test its support levels at $40, $27, or its 2018 low of $22. Litecoin predictions, just like any other popular cryptocurrency, are done according to various aspects. For instance, some forecasts solely rely on technical analysis. In contrast, others are pegged on the market news and community engagements. Additionally, to increase the accuracy of the prediction, a Litecoin forecast can be prepared using advanced methods such as machine and deep learning. Deep learning, unlike machine learning, takes into consideration more factors such as technological progress, security, competitions inside the crypto space, political factors, among others helping it to bring a more accurate prediction. The Litecoin price prediction for the next ten years varies. However, there’s a significant indication the LTC price is destined for greatness. Litecoin’s second halving event took place in August 2019. In the cryptocurrency world, halving is directly equated with an increase in the price of the cryptocurrency. This equation relates less supply with a hike in price. The LTC halving reduced the amount miners make for confirming a single transaction from 25 LTCs to 12.5 LTCs. Luckily, a short term Litecoin price predictions 2020 seems to promise investors a relatively good harvest. For instance, technical analysis shows that the Litecoin LTC price started the year on a low but has since put up a resistance giving bulls a chance to push the bears back into the woods. Experts are using this bullish momentum to project a good year for Litecoin investors. Some, like Railblock Forecast, a YouTube channel, puts the price of LTC at $712 by the time we reach December 2020. Using TradingView data, Dalin Anderson predicts that LTC will achieve a price of $500 in h. Unfortunately, others are not so optimistic. Wallet Investor, for example, has a Litecoin price prediction of $30 and $22.95. TradingBeasts, LongForecast, and DigitalCoinPrice are forecasting that the price of Litecoin will reach $47, $55, and $106, respectively. Lee, Litecoin’s founder, is seemingly not interested in giving price projections for his creation. In 2019, while appearing on the Off the Chain podcast hosted by Anthony Pompliano, Lee fails to g: In the next five years, the Litecoin trend of a bullish resistance is likely to continue. However, a five-year Litecoin prediction is likely to give a higher return on investment (RoI) to those who have already secured a quiet corner in the LTC train. Wallet Investor forecasts that by the time they are done with 2025, the LTC USD ratio will be 1:1693. DigitalCoinPrice, on the other hand, restrained itself from putting a number on its five-year projection, although it sees a significant increase. On whether the price of LTC will one day match that of Bitcoin, DigitalCoinPrice notes that that will be unlikely in the foreseeable future. Interestingly, other indicators show that the top cream is not a reserve of only the King Crypto. If a projected bull run is something to go by, the price of Litecoin is likely to reach highs of $4,600 before the end of 2022, and it could exchange hands at $5,000 after 2022. Since a bull run is likely to be followed by a bear market, the LTC price is expected to lose its grip and plummet to $700 before finding its grip again and reaching highs of $90,000 by the year 2025 or beyond. On the lower side, LTC is likely to retail at $8,721 by the end of 2025. After 2025, LTC analysts forecast good tidings for investors. With halving occurring after approximately every four years, by 2030, LTC will have experienced its fourth halving. With this, the prices of Litecoin between 2025 and 2030 will mostly revolve around the halving events. What will also come into play at this time is how the price behaved in the past after a similar event. With a rally almost always expected after a halving event, commentators foresee Litecoin closing the decade in the first three top cryptocurrencies in the market by having gained a considerable market cap. Some predictions are putting the price of the coin at a high of $1500 by the end of 2030. ConPriceForecast, a platform that provides cryptocurrency forecasts, isn’t so bullish. For instance, its Litecoin price prediction foresees LTC trading at $255.87 in mid-2026 and will close the decade with a USD value of $375.86. To arrive at these figures, the CoinPriceForecast system uses forecast models governed by unique data parameters. Then, a computer fitted with a learning module uses the parameters to make informed decisions. Over time, as the learning module interfaces with large sets of data, the computer can predict real-world outcomes. A key point to note is that the code behind the learning module can interact with liquidity on exchanges, time-series data, coin events, media news, among other factors likely to influence the forecast of a specific cryptocurrency. Litecoin price prediction 2020 puts the coin at a crossroads; LTC can either gain or lose. However, considering the current coronavirus pandemic and its huge negative impact on the cryptocurrency market, the price of LTC may not achieve much this year. Going by WalletInvestor, TradingBeasts, LongForecast, and DigitalCoinPrice predictions, the price of Litecoin is likely to oscillate between $30 and $100. However, if the COVID-19 pandemic is comprehensively controlled before the year ends, a Litecoin price prediction 2020 sees a possible high of $500 as predicted by Anderson. With the crypto and traditional financial markets taking a hard hit from the COVID-19 pandemic, investors are asking, “will Litecoin go up?” Luckily, from the outlook, Litecoin investors should take a front-row seat since a view into the future looks promising. Between today and 2025, commentators forecast that LTC will trade at between $500 and $90,000 on the higher side and between $7 and $8,721 on the lower side. Much of this success is being attributed to halving and recent developments such as the ability to send Litecoin directly from WhatsApp, the Litecoin network having higher transaction confirmation speeds than bitcoin, among others. Although it’s hard to predict Litecoin’s price with utmost accuracy in days to come, predictions are seeing a rise, especially in the period beyond 2020. Absolutely! Going by the LTC price projections above, and the expected growth rate in the crypto community, the decision to invest in Litecoin should be made sooner rather than later. But, LTC being a virtual currency; investing should be made after a thorough price analysis with a special focus on the possibility of a price drop and or a price increase. Unfortunately, one analyst can see that it’s unlikely that the profits made by investing in Litecoin can guarantee even the RoI level realized from an investment in Bitcoin. A key point announced many times ago, before putting your money in Litecoin, is whether you’re in it for the short or the long haul. Additionally, the volatility of digital currencies, and the investment policy should be a focal point for anyone new looking to invest in Litecoin. What’s your timeline mark? Is a week way within your expectations? Investors should consider the “all rights reserved” status of the policy and whether the rights reserved by the portfolio manager override their rights. Note that an investment policy should clearly indicate the general client objectives and how the manager would meet them. If there might be a fall expected based on predictions, a manager should be able to warn the client. Apart from the risks involved, Litecoin being established crypto, having a full-time head, and the ability to make small investments makes LTC a good investment.   Source: https://www.cryptopolitan.com/litecoin-price-prediction/

nuts. According to a CBC report today, the notorious Bitcoin exchange may be sold to compensate victims. Additionally, Cotten’s encrypted laptop will be handed over to lawyers for the exchange’s creditors and “eventually given to a court-appointed monitor.”So far, the company filed for protections under a Depression-era law that prevents complete destruction of insolvent businesses in Canada. They are considering selling the exchange’s IP assets in an effort to satisfy debts.However, in another bombshell report, CCN’s Joseph Young reported that there may be no such cryptocurrency to speak of. There is a lot of money on the line. It seems likely that the best efforts at cracking the laptop will be employed in an effort to recover the funds. But, like some analysts have suggested: there may be no cryptocurrency to recover.“Some of the main addresses of QuadrigaCX also reportedly sent outgoing transactions after the death of its CEO Gerald Cotten, which should not be possible if the CEO had full control over all of the firm’s wallets.”Combined with suspicions about the foundation of QuadrigaCX, rumors of an exit scam have cropped up.So I saw a claim that Omar Dhahani is really Michael Patryn of the Quandringa Exchange.Omar Dhanani has a pretty easy to find criminal history.He also used the name Omar Patryn as an aka in a 2005 forfeiture case.This isn’t the first time those allegations have surfaced. Last year, QuadrigaCX responded to similar claims thus:“We must have ruffled someone’s feathers. This guy is posting hypothetical nonsense about someone with a different name of someone who left our company more than two years ago.”CCN is still investigating the issue of QuadrigaCX’s founding. If a relevant report comes of our investigation, our readers will be the first to know. We have thousands of wallet addresses known to belong to @QuadrigaCoinEx and are investigating the bizarre and, frankly, unbelievable story of the founder's death and lost keys. I'm not normally calling for subpoenas but if @rcmpgrcpolice are looking in to this, contact @krakenfxQuadrigaCX grew up to become the biggest Bitcoin exchange in Canada. A Canadian wrote to this reporter describing his overall experience as positive, saying:“I used it primarily because at the time my weekly purchase limit with Coinbase was fairly low, and since I wanted to purchase more than I could on Coinbase, Quadrigacx was a convenient way to go.”In a follow-up e-mail, however, the anonymous Canadian wrote:“I spoke to a friend however last night, who I loosely keep in touch with, who has more experience than I do with crypto. Long story short, his experience with QuadrigaCX was not positive at all. When he cashed out some crypto, the cheque they sent him was late by a month, and it bounced.”As we reported in regards to the shuttering of the exchange, QuadrigaCX started having banking problems last October.“The exchange was the largest in Canada by volume until its sudden demise this month. The company’s public notices leave many details out. They are not the first Canadian exchange to suddenly face problems. MapleChange is another notable example.”It seems the rest of the story of QuadrigaCX will play out in court. Whether it has any salable assets remains to be seen. Most of its moves in the coming months will be dictated by judges and lawyers.P. H. Madore has written for CCN since 2014 and is currently Head of Crypto. Please send breaking news tips or requests for investigation to [email protected] His website is http://phm.link

funding and reluctant scientific journals Analysis Despite recent advances in academic research into the blockchain for everything from central bank digital currencies to pacemakers, universities and governments lag in their willingness to fund basic research in the sector. While researchers are getting creative when presenting their work to traditional institutions, the situation is holding up research. Recent pre-print research on Bitcoin’s Lightning Network drew wide attention in the crypto sphere, largely thanks to its underlying allegation that the network is a way of centralizing the network. As attractive as such a controversial study is, it is not alone. Research into crypto topics has been expanding. One deeply involved party is Andrea Baronchelli. A blockchain researcher at City University of London and the Turing Institute, Baronchelli is co-author of several papers on crypto markets and one pre-print on dark web marketplaces. “You are absolutely right, there aren't many groups doing research on cryptos — yet,” Baronchelli told Cointelegraph optimistically. “Many academics still do not understand what cryptos are, and have not yet realised what an incredible resource of open data they offer.” Marek Laskowski, a senior blockchain advisor at Novera Capital and author of another recent pre-print on decision making in blockchain systems, commented on the importance of independent work in the field. Speaking to Cointelegraph, he said that “Basic empirical research [...] is done by passionate researchers who do this sort of work in their spare time.” Such a perspective makes sense, given that Laskowski himself is not backed by a university. According to Laskowski, government funds for research in general “seem to be drying up.” The problem goes beyond blockchain research, but as an issue it hits crypto particularly hard given its unique history: Complicating this situation is increasing engagement from certain major universities with blockchain. Stanford recently backed an alumni-founded startup looking to provide blockchain developer tools. In 2018, Ripple made headlines by donating $50 million to a roster of universities to up their blockchain education. Carnegie Mellon University, which houses one of the top computer science programs in the U.S., has an entire program dedicated to blockchain. At the beginning of the year, received a $4 million donation from an alumnus and Maker contributor dedicated to DeFi education. Yet their actual spending on academic research in the area remains unclear, and Carnegie Mellon’s press team declined to comment for this piece. “Academic work on crypto is not particularly well funded as a sector,” Michael Zargham, a visiting crypto-economics researcher at the Vienna University of Economics and Business told Cointelegraph. “I don’t see a sustainable source of funds for crypto space specific research.” Zargham would know, given that he also runs his own research firm, BlockScience, which focuses on artificial intelligence and blockchain. It would be unfair to say that institutions had neglected funding into blockchain as a whole, including research spending. The issue is that current funding models don’t treat blockchain as a subject for research so much as a tool to be made to spec. The largest spenders are looking to solve specific problems. “At Vienna University we’ve gotten some project-based research projects from the City of Vienna and from Telecoms,” Zargham said. “But this is more project oriented and less academic in nature.” On a bigger scale, the U.S. Department of Defense, is a major source of research funding in a wide range of fields and has spent a lot of money on developing blockchain. These grants have similarly gone toward specific solutions for defined problems rather than basic research. Laskowski of Novera Capital noticed a similar trend in how the private sector funds research in the sphere: In an email to Cointelegraph, Baronchelli noted that crypto research is somewhat relegated to its niche. He said, “the community being small, your work gets (initially, I hope) less attention/funding than some other topic would get.” Attention and exposure are critical raw materials for researchers pleading their cases before institutional funding. Consequently, linked to insufficient funding for basic blockchain research is the problem of getting that research published. Pre-print servers, which house much of the research mentioned above, are great for scientists looking to lay claim to a topic before competitors. As they are not peer-reviewed, however, research papers in pre-print remain in limbo, largely uncitable in central scientific discourse. Searches for crypto-linked keywords through the archives of juggernauts like Nature and Science turn up only a host of opinions and news pieces — no research as research. Even their less selective open-access sister journals Nature Communications and Science Advances (where this reporter used to work) face this issue. Nature’s subsidiary Scientific Reports has put out some research on the subject, but Scientific Reports is substantially less picky about qualifications like impact. Like the similarly modelled PLOS ONE, Scientific Reports measures its annual output in the tens of thousands, as compared to The more selective journals in these families typically have their first pick of research, with rejected papers often transferring to journals lower on the totem pole within the same organizations when editors think they meet standards of scientific rigor but not general interest or significance. What that means for crypto and blockchain research is a cap on exposure in top-tier multidisciplinary journals — a lack of faith from publishers that translates into a death knell when courting institutional money, which is notorious for its obsessive counting of citations and impact factors and h-indices. One of blockchain’s advantages is its flexibility as a field and its applications, meaning that the range of research grants a lab focusing on the subject can apply to is theoretically wide. As Zargham said: Zargham indicated an example in a recent application from his team for a grant backed by the Austrian central bank. The grant itself highlights the prospect of a central bank digital currency, while the applicants received informal unwritten interest in use of blockchain for the project. It is via other, better-funded disciplines and independent interest that blockchain research has seen its funding up to now. For the time being, the field seems set to remain dependent on the resourcefulness of researchers and their hopes for the future.