🗞 Daily Crypto News, September, 29th💰

in #steem5 years ago

  • Custody Services for Digital Assets: Everything You Need to Know ;
  • SteemKnights, a GREAT Live Chess & Bluff Game to try ! ;
  • How Leverage Can Help With Bitcoin’s Price Discovery ;
  • Asian Institutions Are Finally Warming to Crypto Hedge Funds ;
  • Zcash Bug Could Reveal Shielded Full Nodes’ IP Addresses ;
  • 📑 Daily Crypto Calendar, September, 29th💰
  • STEEM Trading Update

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

🗞 Custody Services for Digital Assets: Everything You Need to Know

Bitcoin (BTC) has a unique advantage: self custody, which the traditional financial system cannot compete with. It is important that the Bitcoin ecosystem maximizes this competitive advantage in order to compete with the legacy system.

Custodial solutions are important for financial markets, whether traditional or innovative, and have been historically limited for Bitcoin. But why do institutional investors need custodial services, and what are the unique challenges of Bitcoin custody?

SteemKnights, a GREAT Live Chess & Bluff Game to try !

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Have you tried SteemKnights yet?

The Beta is out and I just played a few matches, it is quite nice and fun !

Strategy and bluff are very important and I can definitely see myself playing once in a while.

I believe this is a great addition to the STEEM Blockchain and we should all give it a try.

Battle Rules

The goal is to kill the enemy king, you have 3 different types of unit each one winning over a type (just like rock/paper/cisors).

Rules are quite simple, you should just know that you do not know what your oponents units are ! So you have to guess all the time :D !

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To try it out just click here

Official Trailer

If you feel like trying, please use my reference link: https://steemknights.com/ref/@vlemon & Tag me in the comment to receive a nice upvote & much more ;) !

SteemKnights Website

This is going to be FUUUUUUUUN :D !

🗞 How Leverage Can Help With Bitcoin’s Price Discovery

Bitcoin (BTC) is like any other asset class in that it captures value through organic price discovery conducted via trading activity on global exchanges.

Yet leverage and margin trading, in general, can help “turbo-charge” demand for an asset. They can also free up capital, thus increasing liquidity within a given market as traders look to use their capital elsewhere.

It’s an investment strategy of using borrowed money for the use of various financial tools to increase the potential return of an investment.

🗞 Asian Institutions Are Finally Warming to Crypto Hedge Funds

The Takeaway:

Asian institutional investors, mostly high-net-worth individuals and family offices, are increasingly showing interest in digital assets, with some having allocated part of their portfolios to crypto hedge funds.

The gloomy macroeconomic outlook and the news of Facebook’s Libra and China’s central bank digital currency have fueled this interest, market participants say.

Crypto hedge funds in the region face hurdles to getting off the ground, including licensing, banking, custody and insurance.

🗞 Zcash Bug Could Reveal Shielded Full Nodes’ IP Addresses

A bug in all Zcash (ZEC) implementations and most of its forks could leak metadata containing the full nodes’ with shielded addresses (zaddr) IPs.

Komodo (KMD) core developer Duke Leto disclosed the bug in a blog post published on his personal website. A Common Vulnerabilities and Exposures (CVE) code has already been assigned to track the issue on Sept. 27. Leto explained:

“A bug has existed for all shielded addresses since the inception of Zcash and Zcash Protocol. It is present in all Zcash source code forks. It is possible to find the IP address of full nodes who own a shielded address (zaddr). That is, Alice giving Bob a zaddr to be paid, could actually allow Bob to discover Alice’s IP address. This is drastically against the design of Zcash Protocol.”

📑 Daily Crypto Calendar, September, 29th💰

  • TCS Token (TCS)

The Crypto School win burn 6000TCS.

  • GameCredits (GAME)

Mining reward for GAME is cutting in half per mining schedule. Expected at block 2519999.

  • ICON (ICX)

"The Foundation is extending the ICX Giveaway period through October 29th and updating the Network Decentralization Plan"

  • BitTorrent (BTT)

"BTT/USDT and BTT/BTC will be available for trading on @dcoinexchange starting on September 29 17:00 SGT!"

  • Fusion (FSN)

"Fusion will upgrade its test network at block height 534,500, expected to arrive on Sunday the 29th of September."

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STEEM Trading Update by my friend @cryptopassion

Here is the chart of yersterday :

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Here is the current chart :

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The STEEM is still consolidating and we can see that the volume is decreasing and decreasing and this is the sign of an explosion quiet soon. Now don't expect a big move (drop) like we experienced some days ago. That move has been prepared during weeks inside the triangle that we broke. So for the next move, we should move of at least some percents in some hours.

Last Updates

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