Day: December 15, 2018

Ethereum Price Weekly Analysis: Upsides in ETH Remains Capped Near $98

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Key Highlights ETH price declined recently and traded towards the $80-81 support area against the US Dollar. There was a break above a major bearish trend line with resistance at $84 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair may continue to move higher, but it could face sellers near the $98 and $100 levels. Ethereum price failed to gain bullish momentum versus the US Dollar and Bitcoin. ETH/USD remains a sell near the $98-100 resistance area in the near term. Ethereum Price Analysis This past…

Business Models Should Be ‘Re-Imaged’ for Blockchain, Says Barclays Rep

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A Intrapreneur from financial services giant Barclays has expressed the idea that blockchains should be built with regulatory compliance in mind, tech news website The Next Web (TNW) reported Dec. 14. Speaking at a Hard Fork Decentralized event, Barclays’ Julian Wilson stated that when building blockchains, developers need to “reconfigure our approach and way of thinking.” Wilson argued that not all business models require blockchains and that the tech should not be used, as TNW paraphrased his words, “as bolt-ons or additions to current business models.” TNW also reports that…

‘Wasteland’ Director’s New Blockchain Gaming Store Signs up 22 Publishers

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Co-founded by veteran game developer Brian Fargo, Robot Cache will purportedly be the first blockchain-based digital marketplace for video games. Brian Fargo Launches Blockchain-Based Steam Competitor The PC games platform is set to launch sometime in 2019 but has already signed up 22 publishers and 700 games for its blockchain-based competitor to Steam. “Wasteland” director Brian Fargo | Source: Wikimedia Commons/Jean-Frédéric Robot Cache has several unique features. It plans to offer the option for game users to re-sell their game purchases and mine a “virtual currency” called IRON when their…

Blockchain Payments’ Mass Adoption Is 3-5 Years Away, Says BitPay CEO

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The CEO of crypto merchant platform BitPay Stephen Pair stated that speculation on future adoption drives Bitcoin’s (BTC) price more than “actual utility,” in an interview on CNBC Dec. 13. Speaking on the reasons behind Bitcoin’s current value, compared to its historic price highs, Pair told reporters: “A very big component of the [Bitcoin’s] price is certainly speculation. It’s investors that are speculating on the future usage and adoption of this technology. I’m sure a small component of that price is the actual utility.” When asked about a Bitcoin ETF’s…

Top Cryptos See Mixed Gains & Losses, Bitcoin Fights to Stay Over $3,200

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Saturday, Dec. 15: the top 20 cryptocurrencies report a mix of moderate gains and losses, with Bitcoin (BTC) briefly dipping under $3,200 before climbing back above the price mark by press time. Market visualization from Coin360 Bitcoin started the day around $3,228, but after a mid-day high of $3,275, it fell back to the current price of $3,232, after touching its lowest point of $3,191 earlier today. At press time, Bitcoin is down a fraction of a percent over the last 24 hours. On the weekly chart, the prices in…

Spend your crypto balance on e-gift cards – The Coinbase Blog

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We often hear from customers that they want to be able to do more with their cryptocurrency. We’ve spent 2018 focused on behind-the-scenes utility work to help them do just that. This work has culminated in 12 big updates that we’re excited to share with the community — one announcement every day for our very own 12 Days of Coinbase. These are our holiday season thank you to the community as we head into a big 2019. What better way to start the 12 Days of Coinbase than with a new way…

Empowering Venezuelan families with GiveCrypto – The Coinbase Blog

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At Coinbase, we’re dedicated to creating tomorrow’s open financial system, not only by allowing people to buy crypto, but also to use it. GiveCrypto.org (founded by CEO Brian Armstrong) takes some of the best parts of that system — cross-border accessibility, ease of small payments, and real-time transfers — to empower those who don’t have enough in our legacy economy. That’s why we’re using 12 Days of Coinbase as an opportunity to make a $10,000 donation in Zcash ($ZEC) to support their pioneering work. Our donation will support GiveCrypto.org’s project in the Venezuelan border…

Token Refreshes – The Coinbase Blog

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Every time we log into an app using our Facebook or Google account, we rely on the authentication protocol OAuth. As developers, we frequently have to work with APIs that use OAuth as their authentication mechanism. The Coinbase App uses OAuth to authenticate users so they can buy and sell digital currencies with the Coinbase API. “Highly accurate depiction of OAuth authentication” After receiving a token, apps typically persist it and apply it to each request that requires authentication. In the Coinbase Android app, we do this using an Interceptor.…

Scaling & Developer Productivity – The Coinbase Blog

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At Coinbase we care about developer productivity. As we’ve scaled from a single service to many, we’ve invested in tools that give us the confidence to rapidly ship new services to production. Like other growing technology companies we’ve been scaling our once monolithic infrastructure through new microservices that encapsulate well defined tasks, buy-down technical debt and help us move fast. As we’ve gone down this path our DevOps team has worked to maintain high developer productivity. We’ve used data to guide our work that we’re now sharing here and hope…

Single Sign On via Consensus – The Coinbase Blog

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The Infrastructure Team at Coinbase has the goal of enabling any engineer in the company to quickly and securely access and deploy complex infrastructure. This effort started with our secure deployment pipeline Codeflow, was extended by our codification tooling GeoEngineer, and utilized by our blockchain infrastructure project Snapchain. Our latest project to empower engineers was to make it easy and safe to elevate their own permissions temporarily to perform complex infrastructure changes. Everything that engineers do at Coinbase is locked down by a mechanism that implements consensus. In order to…