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Report suggests Tether market manipulation on Kraken cryptocurrency exchange

Jun29
by on June 29, 2018 at 3:46 pm
Posted In: Around the Web, cryptocurrency, Finance, Hard Fork


The ‘USD-backed’ cryptocurrency Tether (USDT) is struck with another market manipulation controversy. A Bloomberg report published today suggests the possibility of wash trading of Tether on cryptocurrency exchange desk Kraken. The study found frequent repetitions of oddly specific orders, going into five decimal points. — highlighting the possibility of bot trading. Bloomberg pulled data of 56,000 Tether trades from Kraken’s public order book that happened between May 1 and June 22. The research found the cryptocurrency’s trading on the exchange desk to be defying the principles of economics. While most cryptocurrencies and other securities see fluctuations in price based on large buy…

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After The Rock’s headphones, what other products should celebs release?

Jun29
by on June 29, 2018 at 3:28 pm
Posted In: Around the Web, distract, Gadgets, gear


THE ROCK – the world’s most charismatic steroid user – has just released a product he described on Instagram as “the WORLD’S FIRST over the ear headphones engineered for HARDCORE TRAINING.” Apart from, THE ROCK, they aren’t really, are they? Are they? Are they really, THE ROCK? In fact, other famous person Cristiano Ronaldo – in conjunction with Monster – has already released his own pair of over-ear headphones engineered for sport. They’re called, and I quote, “ROC SPORT BLACK PLATINUM OVER-EAR HEADPHONES.” The caps are required, otherwise they’re not extreme. To be fair to THE ROCK, the marketing collateral…

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EOS creator Block.one to ‘participate’ in blockchain governance

Jun29
by on June 29, 2018 at 1:29 pm
Posted In: Around the Web, cryptocurrency, Hard Fork


EOS, the world’s fifth largest cryptocurrency, has been mired in chaos over ‘governance,’ ever since its blockchain went live earlier this month. Block.one, the currency’s parent company, is now jumping in to take control in its own hands. Block.one will participate in the EOS block producer elections, the company announced on its website on Thursday. As a recipient of 10 [percent] of the initial EOS token allocation, Block.one recognizes its responsibility to participate as an active minority voting member. As such, our approach has been carefully considered, and Block.one will soon begin allocating votes to block producers that share the…

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Lightning-powered app lets you play roulette on the blockchain

Jun29
by on June 29, 2018 at 9:51 am
Posted In: Apps, Around the Web, cryptocurrency, Hard Fork


Blockchain developers won’t be at peace until every single thing in the world is on blockchain. Or, so it seems. Web developer Rui Gomes has created Lighting Spin — a web app that lets you play roulette over Bitcoin Lightning Network. The app lets you wager anywhere between 1,000 Satoshi (approximately 6¢) to 100,000 Satoshi (approximately $6) per round. All you need to play the game is load your balance using a wallet service with support for the Lightning Network – like Eclair, for instance. You can choose the multiplier you want to wage at. This means that if you…

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