The Raven's Dispatch

The Raven’s Dispatch – Elon Musk hackers strike again – Dec 4, 2018

No Elon is not giving away Bitcoin, but he is getting high

Elon Musk high

“psssst hey man, Elon musk here. You want some free bitcoin..No? How bout some Ethereum, I got the good stuff..none of that ETC crap. All you gotta do is send is send me BTC and I’ll send you back more”…….

You gotta hand it to hackers, they are creative. According to reports, hackers involved in the Elon Musk crypto scam have made a comeback. This time, however, they are using spoof version of popular websites. This is a well planned and executed attack so be sure you are on the look out. And if Donald Trump reaches out to you offering Bitcoin, cordially tell him to eff off.

The overall cryptocurrency market only lightly power bombed us dropping from $131bln to $125bln representing a single digit drop of 5% in the past week. Look at what we’ve come to my friends, finding relief in single digit drops. /sigh

Livecoinwatch
Livecoinwatch.com

For a more detailed price analysis check out our weekly piece Cryptocurrency markets weekly analysis.

WHAT’S NEW AT CRYPTO IS COMING

When to Buy Bitcoin: A Guide to Stacking Satoshis – When it comes to investing in Bitcoin, there are a couple of popular strategies to follow. In the end, you may find that a combination works best for you.

Leading Indian Business School Uses Blockchain For Certificates – A leading Indian business school has issued over 1,000 certificates to students using blockchain technology. The certificates are live on the Ethereum blockchain, for authentication for prospective employers or other organizations.

Elon Musk Hackers Are Back With A Different Scam Strategy – Hackers are using spoof version of popular websites to show pop up ads that are claiming to give free Bitcoin and Ethereum.

Ohio Loves Bitcoin And Blockchain – Startup invests millions into blockchain – Ohio startup accelerators seek to attract blockchain companies by offering millions in funds, hoping that it will revitalize neighborhoods that need it the most.

Interview With Cryptocurrency Analyst Murad Mahmudov – To get a unique, expert insight into the current state of the cryptocurrency space, CryptoIsComing spoke to Princeton graduate Murad Mahmudov, a cryptocurrency analyst, economist, and angel investor working in crypto.

ICO Venture, Evion, shut down by Swiss Court – The cantonal court of Zug Switzerland has shut down cryptocurrency mining firm Envion AG for an allegedly floating an unauthorized Initial Coin Offering (ICO).

Andreessen Horowitz-backed Harbor Launches Tokenized Securities Platform With $20M Sale – Recently, Harbor, a blockchain startup focused on tokenizing securities, such as real estate, fine art or private equity, launched its initial offering – the sale of a $20 million students dorm near the University of South Carolina.

Hardware Wallet Review: Trezor Model T vs Nano Ledger S – You really can’t be too careful when it comes to storing cryptocurrencies. One of the main ideas behind the crypto movement is individual financial freedom and responsibility. Of course, freedom and responsibility are a two-way street, aren’t they?

CRYPTOCURRENCY NEWS FROM AROUND THE INTERNET

Bitcoin is down more than 80% from last year’s high, nearing its worst-ever bear market – O’ Rly? The last time we had a crypto winter like this? 2010.

Nasdaq Plans to Pursue Bitcoin Futures Despite Plunging Prices, Sources Say – Nasdaq Inc. is moving ahead with a plan to list Bitcoin futures, according to two people familiar with the matter, betting on sustained interest despite the cryptocurrency’s dramatic plunge over the past year.

Behind Coinbase’s quiet roll-out of OTC crypto trading this month – Bet ya didn’t see that coming. Me neither.

Crypto Exchange Giant Binance Creates Combined Stablecoin Market – Binance, which is the top exchange by volume – doing nearly twice the 24-hour volume of its nearest competitor at time of writing – has announced that it is creating a new unified stablecoin market.

SEC Fines Floyd Mayweather And DJ Khaled For Illegally Promoting A Fraudulent ICO – The SEC has fined two celebrities for failing to disclose payments they received for promoting initial coin offerings (ICOs).

American Tech Giant Intel Files New Patent for Energy-Efficient Bitcoin Mining – U.S. technology giant Intel has filed a new patent for “energy-efficient high-performance Bitcoin mining,” according to a U.S. Patent and Trademark Office (USPTO) filing published Nov. 27.

r/Bitcoin reaches 1 million subscribers on Reddit – Now if only we could get 5,000 newsletter subscribers…mmmmmmm

rBitcoin 1mil

Homeland Security Wants to Track Your Privacy Coins – The effing feds. Am i rite? The U.S. Department of Homeland Security wants to know whether there is a way to track privacy coins that could be used for criminal activity.

Binance’s future plan: Binance Chain that hosts millions token creation – Binance’s CEO, Chang Peng Zhao, or more familiar as CZ revealed his company future plans to support the development of blockchain technology.

Thanks for joining us this week! If you have something interesting you would like to submit reach out to us at info@cryptoiscoming.com. And don’t forget, Crypto is Coming!

Follow us on twitter @cryptoiscomin

Like us on Facebook

Visit our crypto swag store on Teespring

The Raven’s Dispatch – Aug 30, 2018 – Binance LCX, a Game Changer

Game Changer: Binance and LCX Crypto Exchange Joint Venture

Nobody puts Baby in the corner. Since it’s inception in 2017 Binance has dominated the crypto exchange world. Binance reached the highest volume of any exchange just six months after launch and valued at almost $2 billion within the same time frame. Crazy growth.

And the story doesn’t end with massive volume, it continues with Binance expanding with international initiatives in Bermuda, East Africa (Uganda), Malta and now Lichtenstein. The successful joint venture of Binance and Liechtenstein Cryptoassets Exchange (LCX) heralds the launch of a fiat-to-crypto exchange: Binance LCX. This, ladies and gents, is a game changer. For in depth understanding of the venture check out our latest piece here.

The overall cryptocurrency market has shown strong signs this past week growing from $216bln to $232bln representing a 7% increase. If you are on Crypto Twitter then then you may attribute this to crypto twitter personality Romano recently eating a$$. Or it could just be that the bears have lost steam (I prefer the former explanation). Could the bear market be coming to a close? Along with bitcoin the top 5 (and top 100) also surged as evident from belows screencap from Livecoinwatch.

Live Coin Watch

Bitcoin (BTC): Never a dull moment in the crypto market. If you wan’t peace, head over to the stock markets. We be riding a ragin’ bull here. Week to week we experienced a very nice bump in price returning to $7,000 and settling on $7,065 as of this post. This represents 5.7% growth. We’ve been in this bear market for 8 months, are we seeing a turnaround?

Ethereum (ETH): Showed more sideways movement compared to Bitcoin but positive nontheless. ETH has taken a beating since July so any news that is positive is good news. ETH currently sits at $281 as of this post experiencing a slight increase of 3% week to week.

Neon Exchange (NEX): NEX, also known as Neon Exchange, is a platform for payment services and decentralized crypto trade. NEX aims to combine the performance of centralized exchanges with the trust and security features of decentralized exchanges.

What makes NEX different from other DEXs? Crypto enthusiasts are all looking forward to a day when one can have cross-chain transactions. Imagine sending bitcoin tokens to an Ethereum wallet. Well, NEX is bringing that reality closer by allowing trades between Ethereum networks and tokens based on the NEO platform. It’s apromising project which recently announced their Public ICO.

If you are interested in to learn more about NEX check out our what is guide here for more details.

WHAT’S NEW AT CRYPTO IS COMING

What is Ethereum’s Casper update? – Casper is Ethereum’s chosen Proof of Stake protocol, headed up by team leader Vlad Zamfir. The protocol implements a process the dev team claims can punish malicious elements.

Singapore teams up with Deloitte and NASDAQ to develop blockchain technology – In a remarkable development the Singapore Exchange (SGX) and the Monetary Authority of Singapore (MAS) has announced that they will launch a collaborative effort to develop a hi-tech Delivery versus Payment (DvP) platform.

What Will Bakkt Do For Crypto? – The Intercontinental Exchange, operator of the world’s largest stock exchange, launched Bakkt, a global cryptocurrency platform allowing private and institutional investors alike to buy, sell, store, and spend digital assets like Bitcoin. The crypto market cap is about to explode. Yippee ki-yay.

What Is Bitcoin Second Layer Rootstock (RSK)? – Rootstock is an open-source smart contracts platform that allows seamless DAPP development and more miner rewards through merge-mining. At the foundation, RSK will be a scalability solution to Bitcoin.

Crypto Transactions in Russia Might Have to Be Reported Very Soon – A government official has proposed a law which would force Russians to report any crypto transactions above $9,000. The parliament has now to decide how to proceed next.

UBS Bullish on Blockchain, Bearish on Bitcoin – Don’t tell that to the bulls trying to turn around the market. CEO of Swiss investment banking giant UBS, Sergio Ermotti, came out with a bold claim recently. He said that blockchain was “almost a must” for business.

Samsung SDS launches blockchain-powered banking certification platform – Samsung SDS, a subsidiary of South Korea’s largest IT company, has announced that it has created a banking certification platform called ‘BankSign’ based on blockchain technology.

Hong Kong immigration policy to attract Distributed Ledger Technology talent – The latest immigration policy is a testament to Hong Kongs efforts to attract distributed ledger technologies (read: Blockchain) expertise to their market.

Cryptocurrency Demand Remains High in the Malaysian Markets – Asia and the Pacific are well on their way to accepting crypto (no matter how hard China tries to shut it down). The Malaysian cryptocurrency markets remain strong despite the massive decline in price throughout the year.

CRYPTOCURRENCY NEWS FROM AROUND THE INTERNET

A Programmer Ate Ass to Save Cryptocurrency – Cryptocurrency prices are down, so a developer met up with cryptocurrency enthusiasts and adult film performers Brenna Sparks and Bobbi Dylan to eat some ass and save the market.

Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) Now Tradable On Yahoo Finance – Cryptocurrency adoption has gotten a new dimension now that Yahoo Finance has integrated the buying and selling of Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) on its platform.

SEC Taking Second Look at Nine Bitcoin ETFs that were Denied Wednesday – One day after the U.S. Securities and Exchange Commission (SEC) rejected proposed rule changes for nine bitcoin ETFs, the Commission initiated a review of all related decisions. That pain you feel in your neck, don’t worry it’s only whiplash.

‘Bitcoin should not EXIST!’ Wolf of Wall Street baffled by price rise – warns of ‘scam’ – Classic example of the Pot calling the Kettle black. The Wolf of Wall Street Jordan Belfort hit out at the cryptocurrency and said investors are “brainwashed”.

China’s Search Giant Baidu to Censor Crypto Discussion – The great crypto firewall of China is real. Baidu has recently started censoring cryptocurrency-related discussions on its online forums. The search giant’s move is in line with China’s crackdown on cryptocurrencies.

Coinbase UK CEO Explains Why a Lack of Regulation is the Biggest Problem Facing Cryptocurrency – Zeeshan Feroz, CEO of Coinbase UK, spoke with CCN recently about the recent developments in the cryptocurrency exchange industry and the space as a whole.

Ethereum (ETH) Wale Moves 20,000 ETH Tokens Worth $5.5 Million to Bitfinex – An anonymous individual considered to be one of the very first Ethereum investors has moved approximately 20,000 ETH coins to Bitfinex.

Tom Lee Remains Firm on His $20K BTC Target, VC Anthony Pompliano Predicts Downfall – Bears vs Bulls…FIGHT! Popular crypto analysts Tom Lee and Anthony Pompliano share contradictory views on when Bitcoin is headed next. Take a look at what they have to say.

India’s Central Bank Sets up a Blockchain Unit – The new department will work to strengthen the knowledge of the Reserve Bank of India on new and emerging financial technologies.

Gossip Mag Claims Bill Cosby is Using Bitcoin to Hide His Fortune [He’s Probably Not] – An online gossip magazine claims to have insider information that disgraced actor Bill Cosby is using bitcoin to try to conceal what remains of his fortune from his creditors.

Four out of five executives surveyed by PwC report blockchain initiatives underway – 84% of executives surveyed by PwC report blockchain initiatives underway – 15% fully live. The new research from PwC surveyed 600 executives in 15 countries and territories, on their development of blockchain and views on its potential.

New Data From CFTC Shows Bearish Bitcoin Futures Are on the Decline – Bearish positions for non-commercial contracts of Bitcoin (BTC) futures are on the decline, according to the latest Commitments of Traders (COT) report released by the U.S. Commodity Futures Trading Commission (CFTC) August 24.

Ripple CTO: XRP More Decentralized Than Bitcoin (BTC) And Ethereum (ETH) – Oy vey. “Bitcoin and Ethereum are currently viewed as the gold standard for decentralization…Since these blockchains are considered decentralized, then by design, the XRP Ledger is also — if not more so — decentralized than both Bitcoin and Ethereum.”

World Bank launches world-first blockchain bond – The World Bank has priced the world’s first public bond created and managed using only blockchain in a A$100 million ($73.16 million) deal designed to test how the technology might improve decades-old bond sales practices.

Thanks for joining us this week. If you have something interesting you would like to submit reach out to us at info@cryptoiscoming.com. And don’t forget, Crypto is Coming!

Follow us on twitter @cryptoiscomin

Like us on Facebook

Visit our crypto swag store on Teespring

Crypto Meme

Singapore teams up with Deloitte and NASDAQ to develop blockchain technology

In a remarkable development the Singapore Exchange (SGX) and the Monetary Authority of Singapore (MAS) has announced that they will launch a collaborative effort to develop a hi-tech Delivery versus Payment (DvP) platform. 

Deloitte and Nasdaq exploring settlement of tokenised assets

This will not only improve settlement times for financial entities and investors, who are looking to conduct transactions through digital currencies, but will also lead to greater operational efficiency. The Monetary Authority of Singapore (MAS) is a powerful Singaporean public body which serves the roles of Singapore’s chief financial regulator and its central bank.

The MAS handles matters related to money circulation, banking, securities and insurance-industry regulation. DvP is utilized to counter the risks involved in the settlement process of securities and ensures that various types of assets are transacted only when the corresponding payments have been made.

Established companies betting on Blockchain

Support for this collaboration will come from established financial players like NASDAQ and Deloitte, along with blockchain startup ‘Anquan’. Stakeholders of this project will make use of the open-source technology developed during Project Ubin, a blockchain project launched earlier by the MAS to test the settlement of interbank transactions.

The ultimate aim is to develop a distributed network where different financial entities can engage in securities by utilizing blockchain platforms. Chief Fintech Officer of MAS, Sopnendu Mohanty, hailed this announcement and said:

“Singapore has a vast pool of talent and expertise in the blockchain arena and by this collaboration of big financial players other local Fintech companies are going to benefit greatly”.

Tinku Gupta, Head of Technology at SGX said,

“This project will eliminate both seller’s and buyer’s risk during the DvP process which will greatly benefit the whole financial ecosystem.”

The Raven’s Dispatch – The Week in Cryptocurrency – June 21, 2018

BITHUMB HACKED – $30 Million in crypto lost

“Just when I thought I was out, they pull me back in!” Just when we think the bulls are gathering the troops, the hackers (and exchange) bring us back down. One of the largest exchanges in the world, Bithumb, based in South Korea was recently hacked for $31 million. How did that affect the Bitcoin price? Not much. We are still holding that $6000 support, fam.

The top 5 in terms of marketcap remains unchanged but all showed weekly growth as per the Livecoinwatch image below. The overall cryptocurrency market in the past week increased from $279bln to $289bln representing a 3.5% increase in the past seven days. Your bags are not the only ones suffering. EOS is the only in the top 5 which did not recover as well week to week, likely to do with the news of the “constitutional crisis” their block producers are having.

Bitcoin:  BTC dropped 4% to $6772 in the past week as of this post. Even with the news of the Bithumb hack Bitcoin held that strong $600 support and showed signs of life. How many more Bart patterns are we going to see this year? It wouldn’t surprise me if “The Bart” becomes an accepted crypto technical analysis pattern in the future.

Ethereum: Aaaaand it’s back. Or is it? ETH grew 10% over the past week settling at $537 as of this post. I don’t really see many people saying “buy ETH at $500, you will never see it again” on the social media anymore. I wonder why?

TETHER (USDT): Tether is back in the news this week so we figured we would highlight it in this weeks Dispatch. The idea behind Tether to have each USDT token backed 1:1 by USD reserves. By holding a US dollar for every USDT Tether token, Tether claim that the value is pegged to the USD and will remain stable. The very definition of a stablecoin.

This is great for people looking to secure profits from their holdings, and even better for day traders – nobody wants to profit by exchanging one coin for another only to see both plummet in value. This is great idea, unfortunately the lack of transparency from Tether itself has many doubting each token is backed by a US dollar.

There is not much in terms of price to discuss, because Tether should never deviate from it’s value of $1. That’s not the case as you can see below. USDT has deviated from it’s 1:1 pegging of the dollar, most drastically when it came onto exchanges in February 2015 and again between April and June 2017.

What’s new at Crypto is Coming

Square Granted Bitcoin Trading License – Payment processing company Square has been granted a New York BitLicense, which enables them to operate a cryptocurrency exchange and allow New York residents to trade Bitcoin.

Law firm Freeh, Sporkin & Sullivan LLP (FSS) confirms Tether fully backed by USD – The often criticised and controversial company Tether shared a “transparency update” via twitter yesterday.

Total Dominance: The Story of Binance – The exchange has seen meteoric growth, reaching the highest volume of any exchange just six months after launch and valued at almost $2 billion within the same time frame, making it the fastest ever platform to reach ‘tech unicorn’ status.

Crypto Facilities To Launch Litecoin Futures – UK cryptocurrency exchange, Crypto Facilities, is set to launch Litecoin derivatives contracts from Friday, June 22, according to rumours. The exchange will be offering both short and long positions with weekly, monthly, and quarterly maturities for LTC joining Bitcoin (BTC) and Ripple (XRP) futures. The exchange also added Ethereum (ETH) futures last month.

Underdog EOS Block Producers you should root for – The purpose of this piece is to highlight some of the best candidates at risk of not getting enough votes to earn a spot, and why you might want to support them with your vote, to have a more decentralised and stronger EOS network.

EOS BPs heavily controlled by exchanges (2 from Huobi) and other potential issues – Adding to our recent series of posts on EOS, Nic Carter did a quick recap of the current 21 EOS block producers filtering them by organization, % of stake, affiliation with any cryptocurrency institution, geographical legal jurisdiction. Makes sense to vote for those underdog BPs, eh?

EOS leaving exchanges vulnerable to hacks? – Whoa, that’s a lot of heat for EOS  aint it? Crypto enthusiast Emin Gun Sirer put up an interesting thread today on twitter predicting a massive exchange hack in the next 12 months….all because of potential EOS vulnerabilities.

Is this the cryptopocalypse? Visualizing historical BTC corrections – Check out this visual from the crew at howmuch.net. An easy way to put things in perspective and calm your nerves.

Tezos Refusing To Relinquish Funds Unless Customers Reveal Their Identities – Say what?! Tezos, a much-anticipated smart-contracts platform aiming to rival Ethereum with added features such as self-governance, is holding user contributions to the ICO hostage pending completion of KYC (Know Your Customer).

How money flows into and within Crypto (cool visualization) – Cool visual representation of how money flows in cryptocurrency from coinlib.io. Really easy way to view how money comes into crypto from fiat currencies and how it moves within the ecosystem once it’s there.

What Is A Mainnet Launch and which upcoming launches should you keep an eye on – We have a look at what is a Mainnet, why it matters for your investment and the upcoming mainnet launches you should keep an eye on.

How cryptocurrencies compare with Visa and Paypal – This graphic shows how the top cryptocurrencies (by marketcap) compare to VISA and PayPal in terms of transactions per second.

Explaining Augur for Beginners (infographic) – Augur is highly touted project in the cryptocurrency industry. With its launch date approaching, we decided to take a closer look at how the platform actually works. At it’s core Augur is a prediction market built on top of the Ethereum Blockchain.

Bitcoin ATMs around the world (visualization) – Are there any Bitcoin ATMs in your neck of the woods?

Interview: Gregor Zupanc – DAA Fund Manager at ICONOMI – If you haven’t already, check out our latest interview of ICONOMI DAA fund manager Gregor Zupanc. Get some insight into how they select which crypto to include in their fund Solidum Capital.

Bitcoin hash rate spiking to all time high…despite price slump – Miners don’t seem to be worried about the price in the short term with new entrants continuing to enter the market.

Cryptocurrency news from around the internet

Korean crypto exchange Bithumb says it lost over $30M following a hack – Just weeks after Korean crypto exchange Coinrail lost $40 million through an alleged hack, another in the crypto-mad country — Bithumb — has claimed hackers made off with over $30 million in cryptocurrency.

Bitcoin Is Controlled by China, Won’t Disrupt Banks: Ripple CEO – Wow, salty much? Since Coinbase announced Ethereum Classic (ETC) would be the next available coin on their platform the Ripple CEO has been on angry fit.

Here’s why EOS will confiscate your tokens if you HODL for too long – Bad news keeps rolling in for EOS.

Goodbye, Denver Post. Hello, Blockchain – They left The Denver Post amid newsroom layoffs and interference in the editorial process by the newspaper’s hedge-fund owners. And now those reporters and editors are creating their own news outlet, The Colorado Sun.

Research: Tether, Bitfinex ‘Manipulation’ Reason Behind 2017 Bitcoin Price Highs – EOS and Tether can’t catch a break this week. Tether (USDT) has once again become the source of criticism after a new study blamed it for Bitcoin price manipulation in 2017, The New York Times reports Wednesday, June 13.

‘Evolve & Adapt’: Goldman Sachs May Trade Cryptocurrencies, Not Just Futures – My, my, my how times change…In less than 6 months. Investment banking giant Goldman Sachs is getting more serious about launching a full-scale cryptocurrency trading operation.

29% of High Net Worth Individuals Have a High Degree of Interest in Crypto – Capgemini’s 22nd annual World Wealth Report, which tracks investment trends of high net worth individuals, found that more than half of those surveyed have at least some interest in cryptocurrencies.

Nasdaq CEO says ICOs are ‘taking advantage’ of retail investors – Initial coin offerings have serious potential to rip off retail investors, mostly due to a lack of public information, according to Nasdaq CEO Adena Friedman.

‘Selling Crypto Now Is Like Selling Apple in 2001’, Says eToro CEO – Just #HODL

Walmart wins patent for medical records stored on blockchain – Walmart has been awarded a patent for a system that would store a person’s medical information in a blockchain database and allow first responders to retrieve it in the event of an emergency.

We hope you enjoyed this weeks The Raven’s Dispatch! Don’t forget to sign up for our newsletter so you can receive notifications via email that a new Dispatch was released! Also if you have any interesting news you would like to submit contact us at info@cryptoiscoming.com

Follow us on twitter @cryptoiscomin

Like us on Facebook

Visit our crypto swag store on Teespring