Day: November 1, 2019

Telegram Releases Test Gram Wallet Despite Pending SEC Suit

TradingBTC

Telegram has released a test version of its desktop wallet for its own digital coin, known as Grams, despite an injunction from the SEC preventing the launch of its planned blockchain, Telegram Open Network (TON). Users can download the desktop app on Windows, macOS, and Linux 64 bit from Telegram’s official website. The app greets users with the message, “Now you have a wallet only you control – directly, without middlemen or bankers.” Users can also engage in test transactions with Grams distributed by a special Telegram bot; however, it warns that these…

Telegram Releases Test Crypto Wallet Despite SEC Lawsuit

TradingBTC

Telegram, the messaging app company turned blockchain startup, has released an early desktop wallet for its “gram” token. Now users can download the test app for MacOS, Windows and Linux 64 bit on Telegram’s official website and get their keys on the TON testnet. The wallet asks users to save 24 seed words and create a password for payments, after which the wallet is ready to receive and send grams. “Now you have a wallet only you control – directly, without middlemen or bankers,” the app says to new users. Users can…

Decred, Stellar Post Massive Gains as Bitcoin Uptrend Halts

TradingBTC

Decred (DCR) and Stellar (XLM) were moving higher on Friday as traders shifted focus from sideways-biased bitcoin. The thirty fifth-largest blockchain project by market valuation, Decred, today surged by as much as 17.83 percent against bitcoin to trade at 1,755 sats a token. At the same time, the altcoin’s performance against the US dollar also improved, with DCR/USD pair registering up to 19.14 percent gains since the market open, to trade at $18.73 a token. Decred’s DCR outperforms bitcoin on Friday morning trade | Image credits: TradingView.com Stellar, the world’s…

BitMEX Exchange Exposes User Base in Email Mishap

TradingBTC

If you have an account with crypto derivatives exchange BitMEX, there’s never been a better time to update your security preferences. On Friday at 08:00 UTC, BitMEX alerted its clientele via blog and Twitter that it had accidentally revealed all of its users’ emails via carbon copy (CC). So, if you have an account with BitMEX, anyone obtaining the email has a portion of what’s needed to access your account. It also potentially opens users up to targeted phishing attacks. According to data tweeted by data analytics firm Skew, BitMEX has…

Huobi Cloud to Offer White-Label Exchange Services in Middle East, Africa

TradingBTC

Huobi Cloud, part of the crypto exchange Huobi Group, has announced its plan to provide more local financial institutions with white-label exchange services based on cloud technology in the Middle East and Africa. Existing institutions include the Nigeria-based SaBi exchange, with about $100,000 worth of daily crypto trading volume, and the South African exchange HIZA, which is expected to go live in the fourth quarter. Mohit Davar, EMEA regional president of Huobi Group, described to CoinDesk how these institutions are looking to leverage an international platform’s security resources and deeper…

Ripple (XRP) Price Set For Downside Thrust Before Higher

TradingBTC

Ripple price is facing an increase in selling pressure below the $0.2980 resistance against the US dollar. The price is likely to decline below the $0.2880 support before it could start a fresh increase. There is a key bearish trend line forming with resistance near $0.2940 on the hourly chart of the XRP/USD pair (data source from Kraken). Ethereum is also declining, but it might find a strong support near the $175 level. Ripple price is slowly declining below key supports against the US Dollar and bitcoin. XRP price might…

Ethereum (ETH) Stuck In Range, Bitcoin Struggling Near $9K

TradingBTC

Ethereum price declined recently and traded below the $180 support area against the US Dollar. Bitcoin is under pressure and it seems to be struggling to stay above the $9,000 support. There is a new connecting bearish trend line forming with resistance near $183 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent upward move if it breaks the $183 and $185 resistance levels. Ethereum price is showing a few bearish signs versus the US Dollar, similar to bitcoin. However, ETH price is…