Ethereum Core Devs Debate Constantinople Hard Fork and “Difficulty Bomb” During Meeting

Ethereum (ETH) core developers have held their regular meeting on YouTube August 24 on the progress of client implementation and tests of the Enterprise Integration Patterns (EIPs) for the upcoming Constantinople hard fork. The meeting started with a discussion of the latest updates on the processes of no-proof blockchain tests and the progress achieved on …

S. Korea’s Top Crypto Exchange Upbit Defies Bear Market, Posts $100 Million Profits in Q3 2018

South Korea’s largest crypto exchange, Upbit —  a crypto-only platform run by a subsidiary of Korean tech giant Kakao —  has posted a $100 million profit in the third quarter (Q3) of 2018, Yonhap News reported August 23. As Yonhap reports, Kakao’s recent Semiannual Report indicates that the net profit of Upbit operator Dunamoo was …

Pornhub Partners With PumaPay to Accept Crypto as Payments

Canadian adult entertainment streaming website Pornhub has announced a partnership with cryptocurrency payment and billing startup PumaPay to enable its users payments in cryptocurrencies, according to a tweet August 23. Pornhub is now accepting PumaPay, with its “unique” pull payment protocol that will allow users automatically pay for their subscriptions, including PornHub Premium. PornHub promoted …

World Bank and Australia’s Largest Bank Issue Bond Exclusively Through Blockchain

The World Bank and the Commonwealth Bank of Australia (CBA), the country’s largest bank, have issued a public bond exclusively through blockchain technology, Reuters reports August 23. The World’s Bank official mandate for the project was first unveiled August 10. The A$100 million ($73.16 million) deal entails two-year bonds that will settle August 28 and …

New York State to See Bitcoin Mining Operation Powered by Hydroelectric Dam in Q4 2018

A California-based Bitcoin mining company has completed work on a repurposed hydroelectric dam to service its new mining farm, a press release announced Thursday, August 23. DPW Holdings will now prepare to use the dam, which is located in Valatie Falls, New York, as the source of electricity for its yet-to-be-built mining facility towards the …

US Federal Trade Commission Issues Warning on Bitcoin Blackmail Scam ‘Targeting Men’

The Division of Consumer and Business Education of the U.S. Federal Trade Commission (FTC) published an article August 21 titled “How to avoid a Bitcoin blackmail scam.” The FTC’s letter focuses on consumer protection, in what it calls a “new scam targeting men,” warning about blackmailing scams demanding payments in Bitcoin (BTC). The brief letter …

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, IOTA: Price Analysis, August 22

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. On August 21, at 01:00 AM UTC time, …

Altcoins See Red, While Bitcoin Shows Dogged Resilience

The crypto markets are somewhat bearish today, August 21, with virtually all of the top twenty coins by market cap seeing losses of 3-6 percent on average, as Coin360 data shows. Bitcoin (BTC) continues to show relative resilience – the top coin nonetheless continues to trade below the $6,500 price point. Despite a short-lived market …