Tencent Create Cryptocurrency Research Group To Growing Its Payment Company.

The Chinese conglomerate Tencent is said to have formed a group to research cryptocurrencies with a market capitalization of over $ 460 billion. Tencent has released an internal note to staff, according to Chinese media outlets, stating they are searching for someone to lead the digital currency research team. The team will be part of the payment unit of Tencent and will work upon expanding the payment industry of the firm. The team will help progress the payment plan structure of the firm and maintain the long-term healthy development of…

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Binance.US: Launches App’s Beta Test on Android Devices

Binance’s crypto exchange is now available for beta testing on Android devices for the U.S .- based users, Binance. The US. Binance.US encouraged the public to take part in the beta test of the crypto trading framework on Android devices in a tweet published on Dec. 25. Customers will help Binance.US identify potential vulnerabilities through this testing phase and iron them out for a wider audience before the launch of the app. It comes right after the Binance. US beta test process was revealed on Dec. 18 for iOS users.…

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Buterin Plans To Speed Ethereum 2.0 Transition By Using Eth1 Friendly Validators.

Co-founder of Ethereum Vitalik Buterin recently published an alternative solution for an early Ethereum 2.0 upgrade. On December 23, a Ethereum research forum reported Buterin has developed a “rapid schedule for the change from Ethereum 1.0 to Ethereum 2.0 via a new type of ETH validator named” eth1-friendly validators”. He claims this new alternative proposal will require less “rearchitecting” in the network. Concurrently , “Specifically, it requires stateless clients, but NOT stateless miners and NOT webassembly, and so requires much less rearchitecting to accomplish.” Noted Buterin. Ethereum 2.0 is a…

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Chinese Internet Giant Tencent: Plans to Create Digital Currency Research Group.

Tencent, the operator of the Chinese social media app WeChat, plans to set up a research group. On digital currency to further promote blockchain research projects in technology. Chinese media outlet iFeng announced on Dec. 23 that the Chinese Internet giant released a statement to its workers. Says the company is currently looking for the research group’s new head. The digital currency research group, which is yet to be formed. Will reportedly concentrate on the further advancement of Tencent in the digital payment industry through the use of blockchain technology. Blockchain diamonds for sale on WeChat Tencent recently announced a new collaboration with the world’s largest diamond mining company, Russia’s Alrosa, and Everledger blockchain network. To launch…

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Bitpay Had 3-Hour Interruption On BTC Payment.

BitPay a global provider of bitcoin payment services reported on December 22 that its operation had a temporary suspension of Bitcoin (BTC) payments. Bitcoin settlements on BitPay were temporarily inaccessible for about 3.5 hours as the service worked to fix processing bugs, tweeted BitPay Support on December 22. The service was restored by 4:25 PM EST, according to the information. A number of users reported that the service was inaccessible before the BitPay official notice on BTC payment issues. Several Bitpay users on Twitter indicated that Bitcoin payments for all…

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$480K Hackers Grab: From Blockchain Platform Nuls

Blockchain Nuls network lost NULS tokens worth nearly $480,000 due to a hack, according to a security update tweeted on Dec. 22. Nuls said in his tweet that it had detected the transfer of 2 million tokens, of which 548,354 tokens worth around $131, 600 had entered the trading market and were now untraceable. Mandatory hard fork upgrade to be released ASAP Nuls agreed to hard fork the blockchain at block height 87,800 in response to the robbery. The remaining 1451645.65303905 NULS which have not entered the trading market will…

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PBoC Claims Yuan Digital Cryptocurrency Are Different From BTC And Stablecoins.

Mu Changchun, Deputy Director of the People’s Bank of China (PBoC) said that yuan ‘s digital origin would be distinct from Bitcoin (BTC) and stablecoins. On December 24, a Chinese news outlet South China Morning Post repoted that the head of the PBoC ‘s digital currency research group said China’s digital currency would be a digital yuan with no space for speculation about its worth. Also without the protection of a currency basket. “The currency is not for speculation. It is different to bitcoin or stable tokens, which can be…

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Bitcoin Highlighted: As Fed Continues Pumping Liquidity Into Economy

The Federal Reserve Bank of New York (Fed) has managed to inject liquidity into the market amid reports that the economy remains stable. The latest action included a repurchase (repo) deal worth about $58 billion. The deal took two parts, one with an overnight term for $26 billion. The second for around $32 billion had a 14-day period. Fed Pumping in Cash The repo agreement policy of the Fed shifted in earnest before the financial crisis of 2008. The intent of these short-term collateralized loans is to move cash into…

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Ethereum Foundation To Update nodes before activation of the Muir Glacier

Ethereum Foundation has officially announced a planned update to block number 9,200,000 for Muir Glacier to the network. The following upgrade to Istanbul is expected to be enabled on the mainnet at block number 9,200,000 around January 1, 2020. “[IMPORTANT] Upgrade your nodes for the Muir Glacier upgrade happening on Jan. 1, 2020!” Noted in the Ethereum Foundation’s tweet. Node operators or miners should update to the new Ethereum client edition : “If you use an exchange [such as Coinbase, Kraken, or Binance, a web wallet service [such as Metamask, MyCrypto, or MyEtherWallet],…

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Craig Wright Discloses The Root Of Satoshi Nakamoto’s Name.

Craig Wright, a self-proclaimed Bitcoin (BTC) developer, revealed what he says is a document that reveals the roots of the alias Satoshi Nakamoto. On December 19, an interview published by the industry news source Modern Consensus, Wright gave his interviewer a report describing a report from a JSTOR scientific journal’s internet archive, dated Jan. 5, 2008. The article is about a person who lived in Japan between 1715 and 1746 called Tominaga Nakamoto. “Nakamoto is the Japanese Adam Smith. Honest Ledger + Micro Cash. Satoshi is Intelligent History. Not too…

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