• Hacker steals $6.7 million worth of tokens from VeChain Foundation
    The Block

    Hacker steals $6.7 million worth of tokens from VeChain Foundation

    VeChain Foundation, the nonprofit behind the construction of the VeChain public blockchain platform, has announced that their buyback address was compromised at 12:27 pm ET on Friday.The post Hacker steals $6.7 million worth of tokens from VeChain Foundation appeared first on The Block.

  • Cardano edges closer to live staking, releases rewards calculator
    Coin Rivet

    Cardano edges closer to live staking, releases rewards calculator

    ADA holders are waiting with bated breath for the highly anticipated launch of Cardano's Shelley incentivised testnet, which is expected to arrive any day now. IOHK, the engineering company behind Cardano, completed the ADA balance snapshot in November, which identified users who were eligible to take part in staking. Although the new release will still be in testnet mode, participating users will still earn real ADA rewards which will be deposited in their wallets at the end of the testnet period. Stake pools will also be live on the testnet, which allow dedicated node operators to have other users delegate their stake to them as they validate transactions on the network. Stake pool operators will be required to register throughThe post Cardano edges closer to live staking, releases rewards calculator appeared first on Coin Rivet.

  • Tron’s largest decentralised exchange acquired by Poloniex
    Coin Rivet

    Tron’s largest decentralised exchange acquired by Poloniex

    TRXMarket, the largest decentralised exchange by volume on the Tron network, has been bought out by Poloniex for an undisclosed amount. Poloniex is one of the oldest cryptocurrency exchanges in the space having launched in 2014. It was previously part of crypto payments processor Circle before the companies split earlier this year. The TRXMarket team shared in a Medium post on Wednesday that the exchange had been acquired and announced a full rebrand of the site. The new exchange is called PoloniDEX and has already changed its web address to ‘poloniex.org’. The TRXMarket team says that users can still visit the original domain and all users' funds are protected. TRXMarket, already renamed PoloniDEX on Twitter, shared the news in aThe post Tron's largest decentralised exchange acquired by Poloniex appeared first on Coin Rivet.

  • Poloniex acquires TRON-based DEX to offer decentralized trading
    The Block

    Poloniex acquires TRON-based DEX to offer decentralized trading

    Cryptocurrency exchange Poloniex has acquired TRXMarket, a decentralized exchange (DEX) built on the TRON blockchain.  Poloniex, the exchange whose recent spinoff from Circle was partially financed by TRON founder Justin Sun, announced the acquisition on Wednesday in a blog post.The post Poloniex acquires TRON-based DEX to offer decentralized trading appeared first on The Block.

  • Cardano’s Shelley testnet shows a lot of promise
    Coin Rivet

    Cardano’s Shelley testnet shows a lot of promise

    While most of the top-20 cryptos are angrily in the red today, Cardano (ADA) has been making steady gains over the last few days. It’s currently up by around 3% in the last 24 hours, making it one of the very few green coins today. So why is ADA baulking the bearish trend? Shelley testnet sees 100+ staking pool registrations Implemented to bring about the full decentralisation of Cardano, the recently released Shelley testnet is already showing a lot of promise. According to one Cardano enthusiast on Twitter (liked and retweeted by both The Cardano Report and Cardanians.io), in just two days, more than 100 staking pool registrations were recorded on the Shelley testnet. Over 100 registered staking pools onThe post Cardano’s Shelley testnet shows a lot of promise appeared first on Coin Rivet.

  • Weiss Ratings claims Cardano is ‘vastly superior’ to EOS
    Coin Rivet

    Weiss Ratings claims Cardano is ‘vastly superior’ to EOS

    In a series of tweets published this week by the official Weiss Crypto Ratings account, the financial ratings firm claimed that while EOS was first to market, rival Cardano has "vastly superior" technology. The ratings firm later stated that Cardano’s imminent release of its Shelley phase was a turning point for the protocol, which would allow investors to earn passive ADA through staking for the first time in the blockchain’s history. Cardano is clearly superior to EOS. EOS was first to market, but it’s becoming increasingly clear that of the two, Cardano is vastly superior. More details on this in subsequent tweets. ADA crypto cryptocurrency -- Weiss Crypto Ratings (@WeissCrypto) November 13, 2019 However, conflicting ratings on the Weiss websiteThe post Weiss Ratings claims Cardano is ‘vastly superior’ to EOS appeared first on Coin Rivet.

  • Cardano prepares for Shelley era with incentivised testnet release
    Coin Rivet

    Cardano prepares for Shelley era with incentivised testnet release

    Cardano’s long-awaited Shelley era is rapidly approaching, with the company now launching an incentivised testnet which will reward ADA holders for delegating their stake. As part of Cardano’s Shelley phase, which will see the third-generation blockchain protocol move to a fully decentralised state, researchers at IOHK - the engineering and development arm behind Cardano - are allowing users to earn real rewards for taking part in network consensus. Launched in 2017, Cardano has gained a huge following in the crypto space largely due to its adoption of formal verification methods and highly scientific approach to building its protocol infrastructure. It's currently the 12th largest cryptocurrency by market capitalisation. As a proof-of-stake rather than a proof-of-work blockchain, blocks will be validatedThe post Cardano prepares for Shelley era with incentivised testnet release appeared first on Coin Rivet.

  • Samsung adds TRON support to Blockchain Keystore development kit
    The Block

    Samsung adds TRON support to Blockchain Keystore development kit

    TRON, the dApp development network, has announced that its network is being integrated into the Samsung Blockchain Keystore software development kit (SDK).The post Samsung adds TRON support to Blockchain Keystore development kit appeared first on The Block.

  • SEC reaches settlement with the firm behind Sia Network
    The Block

    SEC reaches settlement with the firm behind Sia Network

    Nebulous Inc, the firm behind the Sia decentralized cloud storage network, has entered a settlement agreement with the U.S. Securities and Exchange Commission (SEC).The post SEC reaches settlement with the firm behind Sia Network appeared first on The Block.

  • Binance adds staking support for TRON; becomes super representative with over 59% of votes
    The Block

    Binance adds staking support for TRON; becomes super representative with over 59% of votes

    Binance has added support for TRON staking to its recently launched staking platform, the exchange announced on Monday. Starting Oct. 1, Binance users with TRX on the exchange will begin receiving their share of the block rewards produced by Super Representatives on the TRON network.The post Binance adds staking support for TRON; becomes super representative with over 59% of votes appeared first on The Block.

  • XRP-focused crypto exchange Bitrue entering into lending space
    The Block

    XRP-focused crypto exchange Bitrue entering into lending space

    Bitrue, a Singapore-based cryptocurrency exchange focused on serving the XRP community as it supports over 50 XRP pairs, is entering into the lending market.The post XRP-focused crypto exchange Bitrue entering into lending space appeared first on The Block.

  • Binance.US to start accepting deposits for Stellar, Cardano, Ethereum Classic, BAT and 0x
    The Block

    Binance.US to start accepting deposits for Stellar, Cardano, Ethereum Classic, BAT and 0x

    Binance.US, the U.S. arm of the exchange giant, announced today that it will allow customers to deposit five additional cryptocurrencies. At launch tomorrow, the exchange will support six cryptocurrencies and one stablecoin - Bitcoin, BNB, Ethereum, XRP, Bitcoin Cash, Litecoin and Tether.The post Binance.US to start accepting deposits for Stellar, Cardano, Ethereum Classic, BAT and 0x appeared first on The Block.

  • DappRadar raises $2.3M from Naspers and Blockchain.com Ventures
    The Block

    DappRadar raises $2.3M from Naspers and Blockchain.com Ventures

    DappRadar, a decentralized app data and analytics platform, has raised $2.3 million in funding led by Naspers Ventures with participation from Blockchain.com Ventures and Angel Invest Berlin.The post DappRadar raises $2.3M from Naspers and Blockchain.com Ventures appeared first on The Block.

  • Louis Vuitton boss Bernard Arnault denies setting up a firm in Belgium to invest in crypto
    The Block

    Louis Vuitton boss Bernard Arnault denies setting up a firm in Belgium to invest in crypto

    Bernard Arnault, chairman and CEO of luxury goods brand Louis Vuitton (LVMH), has denied media reports that he had set up a firm in Belgium to invest in cryptocurrencies.The post Louis Vuitton boss Bernard Arnault denies setting up a firm in Belgium to invest in crypto appeared first on The Block.

  • Venezuelans can now shop with crypto, including BTC and BNB, at retailer Traki’s 49 stores
    The Block

    Venezuelans can now shop with crypto, including BTC and BNB, at retailer Traki’s 49 stores

    Traki, one of the largest chains of department stores in Venezuela, is now accepting payments in ten cryptocurrencies and tokens, including bitcoin (BTC) and Binance coin (BNB), at its 49 retail stores.The post Venezuelans can now shop with crypto, including BTC and BNB, at retailer Traki’s 49 stores appeared first on The Block.

  • Justin Sun too sick for Warren Buffett lunch, but OK for Tron party
    Coin Rivet

    Justin Sun too sick for Warren Buffett lunch, but OK for Tron party

    Tron CEO Justin Sun couldn’t attend his much hyped lunch on Thursday with Warren Buffett due to kidney stones, he claimed. But that didn’t stop him from rocking up at a Tron-organised party in San Francisco on the same day. Tron party with @justinsuntron & @CryptoWendyO It’s been a fun trip. I’ve got a lot of cool stuff for the channel coming soon. pic.twitter.com/toejAdeOdC -- ₿it₿oy (@Bitboy_Hodl) July 26, 2019 The appearance followed on from Sun penning an apology to the media, public and regulators for “over-marketing” the Buffett lunch. “I experienced unprecedented storms, doubts, and pain. I stayed up all night, and I deeply reflected on my past words and deeds and over-marketed myself," he wrote. “My words and deedsThe post Justin Sun too sick for Warren Buffett lunch, but OK for Tron party appeared first on Coin Rivet.

  • Crypto wallet Abra restricting US services due to regulatory uncertainty
    The Block

    Crypto wallet Abra restricting US services due to regulatory uncertainty

    Cryptocurrency wallet provider Abra has announced some major changes for its U.S. users due to “continued" regulatory uncertainty in the country.The post Crypto wallet Abra restricting US services due to regulatory uncertainty appeared first on The Block.

  • Tron’s Justin Sun apologizes for ‘vulgar’ self-promotion ahead of Warren Buffett lunch
    The Block

    Tron’s Justin Sun apologizes for ‘vulgar’ self-promotion ahead of Warren Buffett lunch

    Tron founder Justin Sun today publicly apologized for “over-marketing” his scheduled lunch date with Warren Buffett and his previous disregard to Chinese regulators, amidst speculation that he is currently under border control imposed by the Chinese government. The post Tron's Justin Sun apologizes for 'vulgar' self-promotion ahead of Warren Buffett lunch appeared first on The Block.

  • Tron crypto founder Justin Sun apologizes for conduct, denies reports of China travel ban
    Yahoo Finance

    Tron crypto founder Justin Sun apologizes for conduct, denies reports of China travel ban

    Crypto entrepreneur Justin Sun publicly apologized for what has played out after he bid $4.56 million on a charity lunch with Warren Buffett.

  • Report: Chinese government restricts Justin Sun’s travel, scuttling his lunch with Warren Buffett
    The Block

    Report: Chinese government restricts Justin Sun’s travel, scuttling his lunch with Warren Buffett

    Chinese news site Caixin reported that TRON founder Justin Sun has been subjected to border control by the Chinese government, effectively nixing his much-anticipated lunch with Warren Buffett.The post Report: Chinese government restricts Justin Sun's travel, scuttling his lunch with Warren Buffett appeared first on The Block.

  • Japanese crypto exchange Bitpoint hacked, lost $32 million
    The Block

    Japanese crypto exchange Bitpoint hacked, lost $32 million

    Japanese cryptocurrency exchange Bitpoint has announced today that it has been hacked, losing about 3.5 billion yen ($32 million) in cryptocurrencies, including XRP.The post Japanese crypto exchange Bitpoint hacked, lost $32 million appeared first on The Block.

  • Margin trading at Binance goes live
    The Block

    Margin trading at Binance goes live

    The world’s largest cryptocurrency exchange Binance has today officially launched margin trading for “evolving cryptocurrency traders.” Margin trading is trading with borrowed money, which comes with higher profit potential and greater risk.The post Margin trading at Binance goes live appeared first on The Block.

  • Chin-chin: Justin Sun reveals Warren Buffett lunch details
    Coin Rivet

    Chin-chin: Justin Sun reveals Warren Buffett lunch details

    As we're sure you're aware, Justin Sun has a lunch date with Warren Buffett. Somewhat unsurprisingly, Sun is milking the auction prize for all it’s worth, announcing on Twitter that he’s selected San Francisco’s Quince, a “three-Michelin starred restaurant in the historic Jackson Square,” for the 25th July, $4.5 million meal. I'm pleased to announce that this years eBay PowerOfOneLunch with @WarrenBuffett will be held July 25 at @quincesf, a three-Michelin starred restaurant in San Francisco's historic Jackson Square. TRON TRX https://t.co/XZCt3lY8oI -- Justin Sun (@justinsuntron) June 27, 2019 "My team looked at many restaurants in the city, on the hunt for an intimate and amazing setting for me and up to seven guests (including Litecoin creator Charlie Lee) toThe post Chin-chin: Justin Sun reveals Warren Buffett lunch details appeared first on Coin Rivet.

  • Bitwise, Amun launch a new crypto ETP on Swiss stock exchange
    The Block

    Bitwise, Amun launch a new crypto ETP on Swiss stock exchange

    Cryptocurrency asset manager Bitwise and Swiss fintech company Amun AG have launched a new exchange-traded product (ETP) on Switzerland’s top stock exchange SIX, and it promises to offer diversified liquid exposure to the nascent digital market. The post Bitwise, Amun launch a new crypto ETP on Swiss stock exchange appeared first on The Block.

  • Tron and BitTorrent’s $1 billion hype-fuelled pump and dump
    Coin Rivet

    Tron and BitTorrent’s $1 billion hype-fuelled pump and dump

    Traders who bought the rumour and sold the news of Justin Sun's May 26 teaser tweet could have effectively participated in an epic pump and dump for the TRX and BTT digital tokens. Following the so-called master marketer's tweet, Tron immediately saw its market cap rise from $1.8 billion to $2.6 billion, with BitTorrent also seeing $200 million worth of gains. However, both projects have since seen $600 million and $100 million wiped off their respective valuations over the last few weeks. Something huge and amazing going about TRON and BitTorrent. I will share with you after June 1. I think I have 70% to win and nail it. Fingers crossed! $TRX $BTT -- Justin Sun (@justinsuntron) May 26, 2019The post Tron and BitTorrent's $1 billion hype-fuelled pump and dump appeared first on Coin Rivet.