Grin Price Up Over 11% as Former Developer Tests ASIC Miner
Grin (GRIN), a major privacy-focused cryptocurrency, is apparently no longer resistant to mining with Application-Specific Integrated Circuits — or ASICs — according to a former core developer. Gary Yu, a former core Grin developer, used a Grin ASIC mining device to test out the miner’s performance, according to an Aug. 10 post on Grin’s official forum. Yu purportedly managed to mine three blocks in less than 24 hours, with a block reward totaling at 180 GRIN, or $118 as of press time. ASIC-powered mining occurred at block heights 819660, 820461, and 820801, Yu added.
Helen Partz 23:05
Bitcoin network's hashrate is122.49EH/s，mining difficulty is16.95T
According to data from BTC.com，bitcoin network's hashrate is122.49EH/s，mining difficulty is16.95T. Next Difficulty Estimated：(+1.42%)17.19T Date to Next Difficulty：13Days4Hours Unconfirmed Txs：10,798
EOS Mainnet's vote ratio is 59.63%, REX Lent is 58.61%
According to data from eospark.com, EOS Mainnet's vote ratio is 59.63%, REX Lent is 58.61%. More EOS mainnet summary are as follow： EOS Price ：$ 3.13USD Cap Rank ：No.13 Accounts ：2,013,503 Tokens ：5,497 Total Supply：1,021,796,755.2152 Ram Status ：40.40% 76.2/188.7GB
Ethereum network's hashrate is 190,187.72 GH/s，mining difficulty is 2,550.40T
According to data from eth.btc.com，ethereum network's hashrate is190,187.72 GH/s，mining difficulty is2,550.40T. ETH's price ：$ 391.64 Avg Gas Price：85.00Gwei Pending Txs ：166197
Organix becomes the second project funded by the Newdex Seed Fund
According to the official website of Newdex (https://newdex.io), the world’s leading Decentralized Exchange, Organix has become the second project funded by the Newdex Seed Fund, and the release of the initial fund has been completed. Organix (http://ogx.network) is a decentralised synthetic asset issuance and trading protocol based on EOS. OGX is the basic token on Organix protocol, which can be used as collateral to mint OUSD. OUSD is the stable coin in the whole system, the system always values 1 OUSD at 1 USD backed by a 800% initial collateralisation ratio, to ensure the price of OUSD can absorb large price shocks of OGX. Synths can be exchanged with OUSD on the synthethic exchange of Organix system through prices supplied by oracles, included but not limited to fiat currencies, commodities, cryptocurrencies and their inverse assets. xx
Announcement | The TokenPocket Foundation Completed the Fifteenth Round of 6,720,639 TPT Buyback & Burn
According to the financial statement of the TokenPocket Foundation, the total revenue of TP Wallet in July was 16,102 EOS, 4,025.50 of which was used to buyback 6,720,639 TPT. This amount of TPT will be burnt later with the following burn address: tpburningacc. Due to the virus outbreak, the buyback fund for this month increased by 45% compared to the last month. TPT climbed by 300% in price during the last two months. Incubated by the TokenPockect Foundation, the decentralized synthetic asset issuance platform Organix launched its official website this month, with the first edition of white paper released, and specific OGX airdrop for TPT holders started. Community members can earn TPT rewards by giving feedback of product bugs and suggestions through TP official Wechat, Weibo, and campaigns. You can also apply to become a TP man, participant in community construction, and earn monthly contribution TPT rewards.
TokenPocket Foundation 12:00
Organix Protocol | The Airdrop Program and Website Are Released!
Organix Protocol official website: http://ogx.network/#/ Community Airdrop All qualified participants will share 48,000 OGX and the distribution will be completed within one week after the event ends. Event time: 10th AUG, 2020 — 14th AUG, 2020 (SGT) TPT Holder Airdrop Organix will airdrop to the TPT holders who meet the requirements after the snapshot at 12 am on 13th August 2020 and the distribution will be completed within one week after the event ends.
Organix Protocol 11:35
Web Traffic on Global Crypto Exchanges Surged 13% in July
Global crypto exchanges have reportedly seen a significant increase in web traffic in July as cryptocurrency prices gained momentum. According to data from crypto analytics startup ICO Analytics, web traffic on global crypto exchanges increased by 13% on average in July 2020. Illia Kmez, head of content at ICO Analytics, told Cointelegraph that centralized crypto exchanges added 26% in web traffic since December 2020. In order to provide calculations, the startup analyzed web traffic of around 100 exchanges including international trading platforms and exchanges that only operate in one country, Kmez said.
Helen Partz 23:57
Minneapolis Fed’s Kashkari Calls for Stricter Lockdown
The president of the Minneapolis Federal Reserve, who once claimed the Federal Reserve was flush with cash, called for a nationwide lockdown to fight COVID-19. In an op-ed in The New York Times, Neel Kashkari and co-writer Michael T. Osterholm of the Center for Infectious Disease Research and Policy at the University of Minnesota said a more restrictive lockdown of up to six weeks is necessary to fight the virus and save the economy. Kashkari and Osterholm said the U.S. “gave up on our lockdown efforts to control virus transmission well before the virus was under control.” For them, there is no trade-off between health and the economy, but, for a lockdown to truly work, only truly essential workers must be allowed to work.
Emilia David 23:54
China’s National Blockchain Network Launches International Website
China’s blockchain-based Service Network (BSN), the country’s nationwide blockchain project, has just launched an official international website. Appearing on Aug. 10, the new english-language BSN website aims to help bring global developers to the project. He Yifan, CEO of Red Date Technology, a local private company and a founding member of the BSN, told Cointelegraph that the new website allows developers to use BSN services and public chain services via the portal.
Helen Partz 23:52
Japanese Messaging Giant LINE’s LN Token Trading on BitMax
Crypto exchange BitMax just made Japanese messaging app LINE’s token available for trading. According to an Aug. 6 notice from LINE, the biggest messaging app in Japan with 84 million active monthly users will be making its native LINK (LN) token available for trading through crypto exchange BitMax. This makes LN the sixth crypto asset currently supported by the exchange, including Bitcoin (BTC), Ethereum (ETH), XRP, Bitcoin Cash (BCH), and Litecoin (LTC). The LN token was originally issued in 2018 for users as part of a rewards program through the messaging app. BITFRONT, LINE’s native exchange that covers areas outside Japan, started supporting the token in October 2018.
Turner Wright 23:50
‘Capital Flight out of Asia Is Taking Bitcoin Express’ Says Max Keiser
Capital flight out of Asia is one of major reasons for Bitcoin (BTC) hitting new 2020 highs in August, a major Bitcoin advocate believes. Max Keiser, a famous American broadcaster and known Bitcoin bull, is confident that rising tensions in Asia are one of factors for Bitcoin’s rally up to $12,000. In an Aug. 10 tweet, Keiser argued that Bitcoin is a solid method to move big amounts of money abroad while crossing borders. According to Keiser, a number of people in Asia are using Bitcoin to move their money out of the continent as geopolitical tensions risk affecting markets. “Capital flight out of Asia taking the Bitcoin express,” Keiser wrote.
Helen Partz 23:47
IP Australia and National Rugby League Use Blockchain Against Fake Products
Australia’s top-tier rugby league, the National Rugby League, along with IP Australia will trial a blockchain-based application to curb the sale of counterfeit products. IP Australia is an agency of the Department of Industry, Innovation and Science that orchestrates and regulates the issuance of intellectual property rights and legislation relating to patents, trademarks, registered designs and plant breeder's rights in Australia. According to a ZDNet report, the new application uses blockchain to enable trademark owners to link their products to the government register. It acts as proof of their products’ authenticity, their origin and helps them control the use of their mark.
Mohammad Musharraf 23:45
Canadian Weatherman Frankie MacDonald Is Bullish on Bitcoin
Frankie MacDonald, an amateur meteorologist based in Nova Scotia, has recently been using his platform to talk up Bitcoin in his charismatic voice. In a series of tweets beginning Aug. 8, MacDonald posted videos stating his views on the cryptocurrency to his 118,500 followers. The Canadian weatherman said that Bitcoin (BTC) is “worth more than American dollars,” taking viewers through the numbers if they owned anywhere from 1 BTC — $12,007 as of press time — to 10 million BTC, or over $160 billion at the time. The 36-year-old YouTuber began making videos on the platform in 2009, which focused on meteorology in Canada and the United States. MacDonald gained momentum online, standing out with his unique style of forecasts.
Turner Wright 23:40
Number of Bitcoin Cash Whales Drops Following 39% Price Surge
Following a 39% price surge at the end of July, at least 10 Bitcoin Cash whales have left the network, possibly trading or selling their millions in holdings. According to Crypto Twitter user Ali Martinez, data from analytics site Santiment shows the number of investors holding between 10,000-100,000 Bitcoin Cash (BCH) — roughly $3-30 million — has fallen by 10 since Aug. 1. The drop comes after the token surged 38.7% from $224.46 on July 17 to a three-month high of $311.34 on July 31, implying that a number of whales could have sold their holdings. Data from @santimentfeed shows that the selling pressure behind #BitcoinCash is surging dramatically. The firm recorded a major drop in the number of addresses holding 10,000 to 100,000 $BCH.Since Aug 1, roughly 10 whales have left the network, representing a 5.6% decline. pic.twitter.com/uriR5j8K8q
Turner Wright 23:38
New York Financial Regulator Greenlights 10 Tokens for Custody
The New York State Department of Financial Services has issued a greenlist of 8 virtual currencies for sale and trade, and 10 coins approved for custody by licensed entities. According to a Aug. 3 update on the New York Department of Financial Services website (NYDFS), state regulators have approved 8 cryptocurrencies for listing and trading. These tokens include Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC), Binance USD (BUSD), Gemini Dollar (GUSD), Pax Gold (PAXG), and the Paxos Standard Token (PAX). The NYDFS also greenlighted the same coins for custody as well as XRP and Ethereum Classic (ETC). “Any entity licensed by DFS to conduct virtual currency business activity in New York may use coins on the Greenlist for their approved purpose,” the NYDFS stated. However, it clarified that any licensed business needed to inform the regulatory body prior to using any greenlisted token.
Turner Wright 23:36
Bitcoin Price Suddenly Drops by $500 in Seconds to Fill Futures 'Gap'
Bitcoin (BTC) dropped several hundred dollars in seconds on Aug. 10 as $12,000 once more proved too hot to handle. Cryptocurrency market daily snapshot Aug. 6. Source: Coin360
William Suberg 23:33
Bitcoin Price Tackles $12,000 After Breaking Through a Key Resistance Zone
Within the last hour Bitcoin (BTC) price pushed through the $11,800 resistance and finally made its way back above $12,000. Crypto market daily price chart. Source: Coin360
Ray Salmond 23:19
More Than 10,000 New Blockchain Companies Established in China in 2020
Blockchain and crypto data platform LongHash revealed on August 8 in a tweet that China’s blockchain sector has grown substantially despite the pandemic this year. It stated that over 10,000 blockchain companies were established between January and July. The report also shows the current number of blockchain-related companies in China is on track to surpass 2017’s total figure. LongHash said 2020 could also pass 2018’s total of 18,500 and for a new all-time high.
Ting Peng 23:17
China: Loudi City Mayor Promotes Blockchain to Fight Crime
The mayor of Loudi, a city in China’s Hunan province, has characterized blockchain technology as a powerful “weapon” that can effectively tackle crime. At a meeting of Loudi’s Municipal Public Security Bureau on Aug. 10, Mayor Yang Yiwen responded to reports on the progress of a trial blockchain project that is currently being conducted by the bureau and a local technology firm. The project combines blockchain technology with multi-party computing and big data to improve trusted data exchange and information traceability across a collaborative network.
Marie Huillet 23:15