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SophiaTX Integrates Blockchain Technology With SAP
In September, SophiaTX announced the first open-source platform to primarily integrate blockchain technology with SAP software, used by 87 percent of global businesses and 98 percent of the top 100 most-valued brands.To advance blockchain into business operations, the blockchain must integrate with ERP enterprise resource planning and other enterprise applications such as SAP, notes the SophiaTX white paper. This sector has been relatively untouched until recently when Equidato Technologies ASource: http://cryptscout.com/news-portal/?id=20&ref=2038&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
Zen Protocols Mission for Decentralized Finance
In Eastern traditions, Zen is often defined as a total state of focus, a merging together of body and mind. It involves dropping illusions and seeing things as they are in the present moment.Based in Tel Aviv, Zen Protocol recognizes that starting in the here and now is vital to innovation and progress. Its mission To create a platform that allows anyone in the world find and use financial products in a highly secure manner.Zen Protocols eclectic team of developers and crypto veterans aims toSource: http://cryptscout.com/news-portal/?id=20&ref=2037&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
Goodbye Bugs How Formal Verification Could Fortify Smart Contracts
As a way to eliminate bugs in high-risk code, a style of software programming known as formal verification is making its way into the blockchain world.Put simply, formal verification uses math to specify and analyze a program for errors in logic. However, because of the time and cost involved, formal verification is best reserved for situations where human life or large sums of money are at stake.Currently, formal verification is used to verify the correctness of high-risk code in transportatSource: http://cryptscout.com/news-portal/?id=20&ref=2036&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
This Bitcoin Developer Is About to Take on the Mining Hardware Industry
BtcDrak, the most active pseudonymous Bitcoin Core contributor to date, is making a move into the mining hardware industry. The developer, who besides having contributed to the Bitcoin Core repository also maintainsbitcoincore.organd the Bitcoin Core Community Slack, told Bitcoin Magazine he helped set up ASIC chip manufacturing company Halong Mining over the past year, and produced an initial batch of mining hardware, with plans to ship to consumers in early 2018.We started a mining projectSource: http://cryptscout.com/news-portal/?id=20&ref=2035&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
Bitcoin Exchange Globitex Granted European Electronic Money License
Globitex, a new bitcoin exchange co-founded by former Bitcoin Foundation Executive Director Jon Matonis, is announcing that its parent Globitex Holding Latvia group company NexPay UAB has been granted an Electronic Money Institution EMI license by the Bank of Lithuania, a regulatory authority in the European Union, to carry out payment services and e-money issuance in the EU.The acquisition of the EMI license will allow Globitex to integrate with the Single Euro Payments Area SEPA euro paymenSource: http://cryptscout.com/news-portal/?id=20&ref=2034&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
Video Streamers Have More Options with These New Blockchain Startups
Innovative technology companies are leveraging blockchain technology to build next-generation business models and Content Delivery Networks CDNs for video streaming, a multibillion-dollar industry that continues to grow. According to data revealed by Theta Labs, one of the companies covered below, the video content and streaming market accounts for 67 percent of current internet traffic and could reach 82 percent by 2020. The new players promise to decentralize global video streaming, while aSource: http://cryptscout.com/news-portal/?id=20&ref=2033&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
Fake WiFi network used by hackers to steal more than 100,000 worth of bitcoin
Austrian police say cyber-thieves transferred bitcoins worth more than 100,000 89,000, $117,000 from a man's account while he was logged into a restaurant's public WiFi.Source: http://cryptscout.com/news-portal/?id=17&ref=495&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
Hacker Allegedly Siphons $31 Million Out of Tether, Driving Further Speculations About the Cryptocurrency
Tether, a cryptocurrency pegged 1-to-1 to the U.S. dollar, was allegedly hacked today to the tune of $31 million.Tether functions to convert U.S. dollars to a type of cryptocurrency. The projects token USDT is pegged to the dollar and is used in exchange trading. The idea behind Tether is that instead of having to sell your bitcoin or other token for a fiat currency, you can convert it to USDT, and either hold it in USDT or else transfer your USDT to another exchange and use it to purchase toSource: http://cryptscout.com/news-portal/?id=20&ref=2032&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
Tether hack Nearly $31m in cryptocurrency was stolen by a hacker
Tether said it is now attempting to get the stolen funds back and also ensure that the hacker cannot spend the money.Source: http://cryptscout.com/news-portal/?id=17&ref=494&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
NAGA Flourishes at the Epicenter of Blockchains Digital Disruption
Blockchain technologys disruptive force in business and commerce has been well documented. With strong momentum ensuing from its beginnings as the foundational technology supporting Bitcoin, distributed ledger technology shows great promise in terms of its potential impact on the future of our planet.One emerging enterprise at the nexus of these developments is The NAGA Group AG, a German fintech company. NAGAs strategic aim is to create world-class mobile and web applications for the capitalSource: http://cryptscout.com/news-portal/?id=20&ref=2031&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
Op Ed We Never Thought of That When Venture-Backed Companies Undertake Reverse ICOs
With well over $3 billion raised this year alone, in very little time initial coin offerings ICOs have emerged as a major source of venture finance. Even companies that have already raised conventional venture funding will be tempted to raise additional funds through ICOs. Although not fully intuitive, some have labeled token issuances by entities that previously obtained equity financing as Reverse ICOs.One prominent example of a Reverse ICO has already occurred. Recently, Kik Interactive suSource: http://cryptscout.com/news-portal/?id=20&ref=2030&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
Rublix Is Reimagining Crypto Trading
The soaring fortunes of bitcoin and cryptocurrencies is attracting massive amounts of media attention worldwide. This has led to a steady stream of traders flocking to the space amid record prices and subsequent asset returns. In some circles, this exuberance has to raise concerns about a bubble akin to the great global recession of 2008. On a weekly basis, a seemingly endless stream of new crypto projects, many predicated on little more than a hastily developed white paper and website, are bSource: http://cryptscout.com/news-portal/?id=20&ref=2029&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
Now the SegWit2x Hard Fork Has Really Failed to Activate
In case there were any remaining doubts, it now seems clear that the SegWit2x hard fork will not happen.The SegWit2x project, a product of the New York Agreement signed onto by a long list of companies and miners in May, had scheduled a hard fork to double Bitcoins block weight limit today. And while the controversial effort was suspended by leaders of the project last week, this would not have stopped anyone else from proceeding with it. Companies like Coinbase were indeed taking into accounSource: http://cryptscout.com/news-portal/?id=20&ref=2028&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
Blockchain Coalition Seeks to Make Bitcoin Welcome in Wyoming
A group of people are on a mission to bring Bitcoin back to the state of Wyoming after unfriendly laws made it impossible to transact with cryptocurrencies there more than two years ago.The Wyoming Blockchain Coalition announced its formation this week. Its volunteer members aim to create a legal and regulatory environment in the state that welcomes cryptocurrencies and blockchain technology companies with open arms.Among the groups advisors are Patrick Byrne, CEO of Overstock Byrne lives inSource: http://cryptscout.com/news-portal/?id=20&ref=2027&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
Crypto Trading and Traditional Assets New Options for Investors
While trading of crypto-assets is booming, some investors are looking for options to trade traditional assets like stocks via cryptocurrencies. Three new operators are among those developing trading platforms to meet this need, with blockchain-based tokens pegged to the underlying assets.AnkorusAnkorus is establishing a platform that will permit trading traditional assets, including stocks, bonds, futures, options, gold, silver, commodities, ETFs, FX and bitcoin futures with cryptocurrency. ASource: http://cryptscout.com/news-portal/?id=20&ref=2026&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
Dispelling the Doomsayers The Future of China's Blockchain Development is Still Bright
The post Dispelling the Doomsayers The Future of China&39s Blockchain Development is Still Bright appeared first on Bitcoin Magazine.Source: http://cryptscout.com/news-portal/?id=20&ref=2025&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
A Beginners Guide to Claiming Your Bitcoin Gold and Selling It
This is a re-write of A Beginners Guide to Claiming Your Bitcoin Cash and Selling It. Please note Everything in this article is just advice based on our best understanding of the current situation.Bitcoin Gold also referred to as Bgold, and trading under the ticker BTG launched November 12, 2017. Since the Bitcoin blockchain technically forked on Bitcoin block 491407, anyone who held bitcoin BTC on October 24, 2017 should have an equivalent amount of BTG attributed to their Bitcoin private keSource: http://cryptscout.com/news-portal/?id=20&ref=2024&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
The Lightning Network Now Supports Transactions Across Blockchains
Although still in testing phase,thelightning network can now be used to send transactions across different blockchains. The Lightning Labs development team successfully swapped testnet bitcoin for testnet litecoin through a lightning channel this week ownership of the coins changed hands, while no transaction was recorded on either blockchain.Previous atomic swaps that I have done were on-chain, and had the on-chain limitations of slow transactions and high transaction fees, Litecoin creatorSource: http://cryptscout.com/news-portal/?id=20&ref=2023&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
Bitcoin Price Analysis BTC Pushes All-time Highs and Tests Historic Resistance
Throughout the life of bitcoins two-year bull run, it has been confined within two macro trends one parabolic and one linear both on a logarithmic scaleFigure 1 BTC-USD, 1-Day Candles, Macro TrendThe parabolic envelope black curves has confined the entire bull run throughout the last two years. Over the weekend, we saw a test of the lower curve that proved to be proper support and propelled the market into a bounce that now has the market testing the upper linear trendline purple lines at thSource: http://cryptscout.com/news-portal/?id=20&ref=2022&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
Russian cybercrime mastermind accused of $4bn bitcoin fraud
Greece's Supreme Court on Wednesday 15 November postponed until December an extradition hearing for Russian cybercrime suspect Alexander Vinnik.Source: http://cryptscout.com/news-portal/?id=17&ref=493&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
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