MakerDAO Voters Divided on How Much to Hike Fee for DAI Stablecoin

Token holders for the programmatic loan system MakerDAO have once again signaled support for raising fees through a now-weekly online poll. Starting tomorrow, the winning proposal from this poll will enter into a secondary round of voting call the “executive vote” whereby MKR token holders ratify the fee increase and formally activate it within the system. These fees make it essentially more expensive for users of the MakerDAO system to take out loans and mint new dollar-pegged stablecoins, dubbed DAI, into circulation. For the past few months, an excess supply…

Platform Launches Leveraged Bitcoin CFDs for Speculation on Movements Against JPY and USD

A platform has launched a leveraged bitcoin contract-for-difference (CFD) product, enabling traders to speculate on the cryptocurrency’s price movements against the Japanese yen and United States dollar. Liquid says demand for crypto derivatives is rising and believes these financial products have the potential to enhance awareness about the many hundreds of coins and tokens in the marketplace today. Crypto derivatives are gaining popularity because of how they can help protect traders against volatility in the marketplace. When it comes to futures, traders may benefit from being able to buy or…

What the Coinbase team built during our spring hackathon

At Coinbase, hackathons are a crucial part of our company culture. Each hackathon is a chance to take a break from our day-to-day work, explore new ideas, and build effective prototypes. Hackathons stimulate the creativity of participants and foster problem-solving and risk-taking in a casual and collaborative environment. Building an open financial system for the world will always require us to explore and innovate. This is why we hack — and we call these events “Vision Hacks”! Last week we were proud to host our first Vision Hack of 2019: Crypto For…

Stablecoin USDT Launched on Tron Blockchain

Tether has started issuing its stablecoin USDT on the Tron (TRX) blockchain. The development was announced in a blog post published on April 17. The development is an upgrade from the OMNI protocol-based USDT —  which is pegged to the United States dollar on a 1:1 basis — that now enables users to hold and transfer the cryptocurrency through smart contracts on Tron ensuring instant delivery. “It enables interoperability with Tron-based protocols and Decentralised Applications (DApps) while allowing users to transact and exchange fiat pegged currencies across the Tron Network,”…

National University of Columbia Joins Blockchain Global Consortium for Science

The National University of Columbia is joining the global  blockchain consortium for science dubbed Bloxberg, Mauricio Tovar Gutiérrez, co-director of the research group at inTIColombia told Cointelegraph en Español on April 15. Bloxberg is a blockchain initiative formed by 12 research organizations from 10 countries and led by the Max Planck Society, with the National University of Colombia to be the only institution from Latin America. The parties reportedly aim to establish an infrastructure that “broadens the scientific landscape of regionally and nationally governed blockchain networks to become the first…

Textbook Stock Trading Indicator Forecasts 31% Rally

Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. The bitcoin price could attempt a runup towards $6,800 in the near-term, according to one popular stock trading indicator. Bitcoin on the Verge of a Bump-And-Run Reversal? Dubbed a Bump-and-Run…

PayPal Wins Patent for Ransomware Detection Solution

Global payment processing platform PayPal has been awarded a patent for a technique that can help with the timely detection and reduction of ransomware attacks. Ransomware attacks are a form of malware that takes over the victim’s computer, locks up the files therein and demands a ransom before the files can be accessed again — often to be paid in cryptocurrency. “Frequently, the malicious party will demand that the user pay him some amount of anonymous crypto-currency (e.g., BitCoin) in order to have the user’s files decrypted so that they…

Five Years in the Making, Bisq Exchange Launches Its Bitcoin DAO

Decentralized autonomous organizations (DAOs) are one of crypto’s more novel and ambitious applications — one that Bitcoin, until recently, has had nothing to do with. In practice, they’re a bit younger than Bitcoin forks and older than smart contract-focused blockchains. The idea is that you can devise a decentralized governance system using the blockchain’s cryptographic controls — rule of code, so to speak. Using tokenomics and technical schemes, the DAO affects certain laws over its participants, incentivizes them to play by the rules and encourages the community to hold itself…

$20k by 2041 False Even if Bitcoin (BTC) Is Maturing With Deep Liquidity

Bitcoin (BTC) trend is bullish but below Apr-11 highs Analyst says Bitcoin (BTC) may take 22 years to re-test 2017 highs Accompanying firm upsides is shifting sentiment and recovering prices. At spot rates, Bitcoin (BTC) gains are low, but even so, it is volatile enough and attractive for risk-off traders. Our immediate targets remain at $5,800 and $6,000. Fundamentals The community is haggling over price and for good reasons. Bitcoin, as we know, is the primary driver of the crypto asset space and therefore, where it stands is quite essential.…

NYDFS: Why We Rejected Bittrex’s Application for a BitLicense

Shirin Emami is the executive deputy superintendent for banking at the New York State Department of Financial Services. Bittrex purportedly aims to get the facts straight about the denial of its license applications by the New York State Department of Financial Services (DFS) in recent statements to the media (including CoinDesk). But, the cryptocurrency exchange leaves out the context necessary to understand its failures to comply with DFS’s licensing requirements, it continues to misstate the facts and it presents a misleading picture about the denial. First, Bittrex claims that DFS…