A crypto platform says “pioneering technology” known as command chain protocol (C2P) is going to be instrumental in ensuring the industry is protected with strong security in the future. ILCoin says C2P was designed to prevent 51% attacks — one of the biggest risks that cryptocurrencies face today. This is when malicious actors acquire the majority of the computing power in a network, create a new chain and potentially double spend funds. As reported by Cointelegraph, Ethereum Classic fell victim to such an incident back in January. In its white paper, ILCoin says this protocol consists of a “set of …

Sunday, April 21 — most of the top 20 cryptocurrencies are reporting slight to moderate losses on the day to press time. Bitcoin (BTC) has fallen below the $5,300 mark again, according to data from Coin360. Market visualization courtesy of Coin360 Bitcoin is down just under 1% on the day, trading at $5,291 at press time, according to CoinMarketCap. Looking at its weekly chart, the coin is up over 3.7%. Bitcoin 7-day price chart. Source: CoinMarketCap As Cointelegraph reported earlier today, Fundstrat Global Advisors founder Tom Lee pointed out that the value currently reported by his company’s bitcoin sentiment indicator …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. The International Monetary Fund and the World Bank have launched a private blockchain and quasi-cryptocurrency to bridge the gap between its employees and the blockchain technology. The cryptocurrency will be called “Learning Coin” and will have no monetary value, but the staff will earn these coins after reaching certain educational milestones. The developers …

Sunday, April 7 — most of the top 20 cryptocurrencies are seeing moderate to notable gains on the day by press time, as Bitcoin (BTC) climbs over the $5,100 mark. Market visualization courtesy of Coin360 Bitcoin’s price has seen a gain of two and a half percent on the day, trading at around $5,156 by press time, according to CoinMarketCap. Looking at its weekly chart, the current price is a solid 20% higher than $4,095, the price at which Bitcoin started the week. Bitcoin 7-day price chart. Source: CoinMarketCap Bloomberg analyst Mike McGlone claimed earlier this week that Bitcoin is …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. As the cryptocurrencies are rising from the bottom, we have started to hear some bullish voices again. Arthur Hayes, co-founder and CEO of BitMEX, expects the price of Bitcoin to reach $10,000 this year. One of the events that can cause the price to move northward is the launch of Bakkt. The digital …

The Thai Securities and Exchange Commission (Thai SEC) has updated the list of cryptocurrencies suitable for use in initial coin offering (ICO) investments and trading pairs. An official Thai SEC statement reported the development on Feb. 28. Until now, Bitcoin (BTC), Ethereum (ETH), Ripple (XRP) and Stellar (XLM) could be used for the purposes mentioned above when complying with regulation in Thailand. In this statement, the commission informs the public that Bitcoin Cash (BCH), Ethereum Classic (ETC) and Litecoin (LTC) have been added to the list. Lastly, the statement also specifies that the presence of any given crypto asset in …

Wednesday, Feb. 27 — most of the top 20 cryptocurrencies are reporting very slight gains and losses on the day by press time. Bitcoin (BTC) is approaching the $3,900 mark again, according to CoinMarketCap data. Market visualization from Coin360 At press time, Bitcoin is up less than half a percent on the day, trading at around $3,859, according to CoinMarketCap. Looking at its weekly chart, the current price is over three percent lower than $3,971, the price of BTC one week ago, and nearly 9 percent lower than $4,209, the mid-week high reported on Feb. 24. Bitcoin 7-day price chart. …

Monday, Feb. 25: cryptocurrencies are today seeing a blood-red market rout, with virtually all of the top 20 coins posting losses of between 7 and 17 percent, as data from Coin360 shows. Market visualization by Coin360 Top cryptocurrency Bitcoin (BTC) is down a round 8 percent on the day and is trading around $3,836 to press time, according to CoinMarketCap data. Today’s crash is the second day the coin — and wider market — is reporting losses, with Bitcoin having yesterday tumbled from an intraday high of $4,210 to around $3,800. The sharp downturn has squeezed the cryptocurrency’s gains on …

Sunday, Feb. 24 — the top 20 cryptocurrencies saw a sharp market reversal, reporting heavy losses over the 24 hours to press time after earlier today seeing major gains. Most of the severe downward movement among top coins happened in under half an hour. Bitcoin (BTC) broke the $4,150 mark again today before falling back under $3,900 to press time, according to Coin360 data. Market visualization from Coin360 At press time, Bitcoin is down over 5 percent on the day, trading at around $3,806, about 10 percent down from its mid-day high of $4,210, according to CoinMarketCap data. Looking at …

Thursday, Feb. 7 — most of the top 20 cryptocurrencies are reporting slight to noteworthy gains on the day by press time, with Bitcoin (BTC) hovering just over $3,400 again, according to Coin360 data. Market visualization from Coin360 At press time, Bitcoin is up a fraction of a percent on the day, trading at around $3,409, according to CoinMarketCap. Looking at its weekly chart, the current price is just over 1.5 percent lower than the price at which Bitcoin started the week. Bitcoin 7-day price chart. Source: CoinMarketCap According to TransactionFee data, there haven’t been so many Bitcoin transactions per …

Bob Summerwill, a developer at blockchain tech company ConsenSys, has joined the Ethereum Classic Cooperative as its executive director, according to an official announcement on Jan. 29. The Ethereum Classic Cooperative manages the development and growth of the Ethereum Classic (ETC) cryptocurrency’s protocol. Ethereum Classic is the result of a hard fork in 2016, arising out of differences into how to respond to the high-profile DAO hack of the Ethereum (ETH) blockchain. Per the announcement, Summerwill will develop relationships that help the mission of the organization and grow ETC’s development and community. Summerwill will also support ongoing ETC initiatives such …

Tuesday, Jan. 29 — most of the top 20 cryptocurrencies are reporting moderate gains on the day at press time. Bitcoin (BTC) is trading just over $3,400 again, according to Coin360 data. Market visualization from Coin360 At press time, Bitcoin is down just a fraction of a percent on the day, trading at around $3,450, according to CoinMarketCap. Looking at its weekly chart, the current price is lower than $3,655, the price at which Bitcoin started the week, trading sideways until yesterday, Jan. 28. Bitcoin 7-day price chart. Source: CoinMarketCap Ripple (XRP) has gained about half a percent in the …