🗞 Daily Crypto News, June, 11th💰
- Liquid Cryptocurrency Exchange to Host Public Phase of Telegram ICO ;
- Major Korean Bank Signs MoU With Atomrigs Lab to Explore Crypto Asset Management ;
- 100 Bitcoin Users Perform What Might Be Largest ‘CoinJoin’ Transaction Ever ;
- Fraud-Fighting ‘Watchtowers’ to Arrive in Next Bitcoin Lightning Release ;
- Bitcoin People Directory Lists Crypto-Friendly Merchants ;
- 📑 Daily Crypto Calendar, June, 11th💰
- STEEM Trading Update
Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!
Telegram, which has not provided an official statement on the move, became the focus of international attention last year when it held a private initial coin offering (ICO) for Gram, which raised $1.7 billion for its Telegram Open Network (TON) project.
A message from an unofficial TON channel on Telegram wrote that Liquid could be attempting to catch on to the hype surrounding the as-of-yet unreleased token, and that investors should wait for official information from Telegram.
Major South Korean commercial lender KB Kookmin Bank has signed a Memorandum of Understanding with blockchain technology firm Atomrigs Lab to jointly explore digital asset management and protection solutions. The news was released at a press conference at the bank’s office in Seoul on June 11.
The MoU — signed yesterday, June 10, in Seoul — establishes that the two partners will focus on digital asset market growth and new crypto-related businesses, according to Korean news outlet Yonhap News.
Atomrigs Lab is a firm specializing in blockchain development for the financial sector, and has been developing blockchain-based digital asset protection technologies using next-generation cryptography.
The community behind the privacy-centric bitcoin app Wasabi Wallet recently brought together 100 people to collectively execute a “CoinJoin” transaction on bitcoin in what might be the biggest event of its kind.
Some context: bitcoin itself is far from private, as users can, via the blockchain, see where coins are being transferred to and from. One effort to afford greater privacy to transactions is CoinJoin, a long-standing technology first proposed in 2013 by long-time bitcoin idea man and cryptographer Greg Maxwell. The idea is that transactions can be made more private by jumbling a number of different transactions together and then redistributing them.
At 100 transactions, Wasabi Wallet’s effort might be the biggest, but it’s certainly an advancement for the privacy tech as a whole.
So-called lightning network “watchtowers” — a much-anticipated next step for securing the network — are coming soon.
Watchtowers have long been considered a missing piece of bitcoin’s lightning layer, as they’re crucial for squashing fraud on the experimental, off-chain network that could make bitcoin payments faster and more scalable. With version 0.7 of the LND software release coming at an undisclosed date in June, Lightning Labs is launching the most complete build of a network watchtower to date.
When someone uses lightning, it’s necessary for someone using it to remain online to make sure their “counterparty” isn’t trying to steal those funds. But this is obviously a UX nightmare; for example, customers don’t have to monitor their Wells Fargo accounts every day to ensure that they’re not being defrauded.
The number of businesses accepting cryptocurrencies for goods and services has been growing, particularly for P2P coins such as bitcoin cash. Finding places where you can spend your digital cash is easy thanks to platforms such as Bitcoin People.Bitcoinpeople.online is a merchant directory listing companies that support payments in bitcoin cash (BCH) and several other major coins and tokens. It’s useful for both potential customers who want to find places to spend their digital currencies and for businesses that are willing to accept digital assets for their products.
If you are a crypto entrepreneur, you can sign up and list your businesses for free. To do so, you need to register with the platform. Creating an account requires you to choose a username and password and provide a valid email address. You can also promote your brand as a featured business on the Bitcoin People homepage and on other relevant pages for about $1 per month.
📑 Daily Crypto Calendar, June, 11th💰
Holochain AMA No. 27 on YouTube at 6 PM (UTC).
On June 11th at 00:00 UTC we will reward TRON $TRX holders with 990,000,000 $BTT.
MATIC sponsors [email protected] hackathon from June 11-13 in Bengaluru, India.
STEEM Trading Update by my friend @cryptopassion
Here is the chart of yesterday :
Here is the current chart :
As you can see on the chart, the STEEM is doing a nice UP today, and continuing its progression of the last days, ignoring the correction that we experienced yesterday. However, look the chart that I drawed today for you : Be really carefull with that double top pattern. We need to break that line very soon or if it si not the case and that we start to drop now, it will be a very bearish signal...
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