Ethereum Developer Virgil Griffith to Be Released on Bail to Parents

Virgil Griffith is slated to be released to his parents’ home in Alabama pending some pre-release conditions, after a ruling by U.S. District Court Judge Vernon Broderick in New York Monday. “Laws in this country are not suggestions,” Judge Broderick told the accused Ethereum Foundation developer as the hearing began, according to a tweet thread from Matthew Russell Lee, founder of Inner City Press, who covered the hearing live from the courtroom. Griffith is now slated be released to his parent’s Tuscaloosa home under a $1 million bond. Griffith is…

Bitcoin to Benefit More from Trade War in 2020 than Halving Analysis |

A misguided euphoria rising from the “phase one deal” between the US and China could help bitcoin becoming one of the most profitable investments in 2020. The offbeat asset has been pursuing a flat trajectory ever since Washington and Beijing reached an initial agreement. It spent its entire December in a tight range defined by $7,000 and $7,600, barring a short-term dump-and-pump action that took the price below $6,500. Price has been fluctuating in an 8% range all December | Source: TradingView.com The bitcoin’s price sideways action came against the…

MARKETS DAILY HOLIDAYS: Hot Wallets and Cold Storage?

On today’s holiday episode, we’ll define and demystify the blockchain concepts of “Hot Wallets” and “Cold Storage” Disclosure Read More The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Author: Adam B. Levine Source link

Binance.US Opens Beta Testing of iOS App to All Users

Binance’s crypto exchange for United States-based users, Binance.US, has opened beta testing of its iOS application to all users. The exchange announced the news in a Dec. 30 tweet, revealing the successful private beta test and inviting all of its clients to participate in the iOS beta. The private beta testing phase began on Dec. 18, giving Binance.US the opportunity to address possible flaws and have them resolved before making the app available to a wider audience. Following iOS beta testing, Binance.US made it available for beta testing on Android…

IOTA Fixes ‘Minor’ Network Bug Following 15-Hour Mainnet Downtime

The IOTA Foundation said it has resolved a software bug that prevented transactions from confirming on the IOTA network for 15 hours. According to a GitHub submission from an IOTA developer around late Sunday night UTC time, a bug in the node software created a “corrupt ledger state.” “There is an edge case where IRI [IOTA Reference Implementation] didn’t account for a transaction that was shared between two distinct bundles. Once it marked it as ‘counted’ in one bundle, it was ignored for the next bundle,” the GitHub post reads.…

Binance Will Support Newly Announced Ethereum Muir Glacier Upgrade

Major cryptocurrency exchange Binance will suspend Ether (ETH) deposits and withdrawals to support the recently announced Ethereum network Muir Glacier upgrade. In a Dec. 30 blog post, Binance said that deposits and withdrawals will be suspended on the platform prior to the Ethereum network block height of 9,200,000 selected to execute the upgrade. Ether trading will not be affected While ETH trading will not be affected during the upgrade, deposits and withdrawals will be reopened once Binance deems the upgraded network to be stable. Binance noted that it will not…

Thanks to Better UX, This Year Dapps Will Go Mainstream

This post is part of CoinDesk’s 2019 Year in Review, a collection of 100 op-eds, interviews and takes on the state of blockchain and the world. Jason Goldberg is founder of OST, which powers the ethereum application layer, and Pepo, an app where people share videos for tokens. As recently as a year ago, even the most ardent blockchain proponents had to concede the user experience was too clunky for any app using cryptocurrency to make it in the mainstream. After all, who could imagine users accustomed to smooth on-boarding…

AI For Everyone: Super-Smart Systems That Reward Data Creators

This post is part of CoinDesk’s 2019 Year in Review, a collection of 100 op-eds, interviews and takes on the state of blockchain and the world. Ben Goertzel is founder and CEO of SingularityNET, a blockchain-based AI marketplace project. As AI rapidly pervades every sector of the economy, there are few questions more urgent than who owns, controls and guides the data used to train AI systems, and the models and conclusions that AI learns from this data.    Right now the answer tends to be: Large corporations. Data about our…

Bitcoin News Summary – December 30, 2019

   Google-owned video giant YouTube had erroneously removed several cryptocurrency-related videos. YouTube representatives have claimed that the removals were done in error and some content has started to be restored. Nonetheless, the unilateral nature by which YouTube videos were removed has led many content creators to explore migration to decentralized video hosting alternatives. At the same time, this wasn’t the only sudden and unexplained ban that Google issued this week. Ethereum wallet and decentralized app browser Metamask’s android client was banned from the Play app store. The MetaMask team…