Bitcoin may seem to be more volatile than traditional assets but in crypto markets it is considered relatively stable compared to alternative cryptocurrencies. Bitcoin (BTC) is the biggest cryptocurrency by market value. Not only is it used as the base currency of choice for trading smaller digital assets, it is also less vulnerable to manipulation or sudden price swings compared to altcoins, most of which are based on Ethereum’s blockchain. However, that pricing situation may change during the third quarter, according to options market data. The spread between the three-month at-the-money implied volatility for Ethereum’s ether (ETH) token and bitcoin Australia Post announced that bitcoin will be available for purchase at all postal service outlets. Libertyx announces 25,000 new Bitcoin ATM machines at 7-Eleven, CVS and Rite-Aid locations in the U.S. DigiFinex, a world’s leading cryptocurrency exchange, today has completed an extensive rebranding effort in response to accelerated company growth and a renewal to its corporate vision in becoming an all-encompassing crypto asset management platform. Blockchair has announced the release of a new Bitcoin transaction privacy meter. This is the Privacy-o-meter feature built into its block explorer and API.
Author: By OneCryptoNews
Bitcoin Is Not Dead: Get Yours At Your Local Post Office
Bitcoin adoption shows no signs of slowing down.
On June 24th, Australia Post announced that bitcoin will be available for purchase at all postal service outlets.
Bitcoin ATM – Getty Images
In partnership with Bitcoin.com.au, customers will be able to purchase Bitcoin and other cryptocurrencies at 3,500 locations using the Post Billpay feature. Both cash and credit card payments will be accepted.
Australia Post, originally established in 1809, is one of the country’s longest running organizations. This move is expected to inspire trust in the digital currency for new users.
Currently, Bitcoin can be acquired through exchanges (differ by country), through Bitcoin ATMs (8,000 machines worldwide) or through peer-to-peer purchases.
One Bitcoin ATM provider, Libertyx, announced last week that it will expand its network to 25,000 locations across the U.S., in 7-Eleven, CVS and Ride-Aid locations.
Some argue that Bitcoin has infinite price appreciation potential, as there is a finite number of Bitcoin – 21 million units. Given the current world population, that means only 0.27% people can own 1 Bitcoin each. At the time of writing, BTC price is $9,105.19.
Author: Tatiana Koffman
After having more than 4 million users, DigiFinex now announces major rebranding
Release: June 29, 2020. For Immediate Release
DigiFinex, a world’s leading cryptocurrency exchange, today has completed an extensive rebranding effort in response to accelerated company growth and renewal to its corporate vision in becoming an all-encompassing crypto asset management platform.
Over the 2 years, DigiFinex has cemented its status as the market leader of crypto exchanges. It has experienced rapid growth, tallying 4 million registered users in over 150 countries with regulated exchange licenses. This growth reflects the remarkable rise in the complexity and popularity of crypto trading in recent years, with a need to execute customer-centric wealth management across products and services.
Kiana Shek, the CXO at DigiFinex, unveiled, “It’s a major milestone in the company’s evolution as a digital finance exchange. It perfectly illustrates our growing ambition and redefines who we are to drive change and shape the future of the crypto industry with all possibilities. That’s the reason I have stepped up from Co-Founder to CXO, meaning we have the potential to be anything.”
She added that their brand ethos has always been built on integrity, diversity, dependability, and sustainability – these are what keep DigiFinex’s business progressing in the past years. They also pride themselves on being able to make crypto trading and asset management easier and more accessible to their users. It guards users’ assets as they do for their families, which echo their new tagline – ‘Beyond Your Wealth Companion’.
The previous few quarters have been particularly exciting for the increasing demands on the crypto derivatives market, where DigiFinex itself has launched DigiDeriv for the market too. The activities happening among the markets are reflecting the acceleration of crypto adoption worldwide. To meet the rising demand for crypto asset management and related products, DigiFinex has also introduced Crypto Quant Fund and Flexi Earn, to generate passive income for users with different risk appetites; and also Crypto Loans, to provide instant liquidity. To enhance crypto adoption, DigiFinex provides various ways to purchase crypto, including P2p transactions and buy crypto with credit and debit cards, and now supports more than 40 fiat currencies in purchasing over 20 cryptocurrencies including Bitcoin and Ethereum. DigiFinex has been unifying all these assets behind its clear, clean revitalized brand of DigiFinex and it is proud to be the bridge between traditional and the crypto markets.
- Covers our website, logo, graphics, communications, and correspondence
- Color: royal purple/cyber grape and peppermint green that convey authority and trustworthiness in an understandable way.
- Typerface: font type’s name to reflect our team’s vibrance and passion for the industry
- Navigation: user-friendly navigation of essential information about products, services, a resource centre for either desktop, mobile or tablet use.
- Founded in 2017.
- Headquartered in Hong Kong with global offices in China, Singapore, Japan, Australia, Malaysia, and Korea.
- With 4 million+ registered users, with 800,000 active users from 150+ countries.
- Ranks around top 5 on CoinMarketCap among 240+ other international exchanges, with 200+ cryptocurrencies listed, supporting 200+ trading pairs in 4 markets: BTC, ETH, USDT and DFT.
Name: Laura Liu
Company URL: http://www.digifinex.com
Privacy meter for Bitcoin transactions
Blockchair has announced the release of a new Bitcoin transaction privacy meter.
Today we release Privacy-o-meter — a tool for Bitcoin users and developers to assess the privacy level of their transactions. Many of you have heard about blockchain surveillance companies. Privacy-o-meter is the first step to defend yourself against heuristics they use. pic.twitter.com/g15TMgSYaw
— Blockchair (@Blockchair) June 24, 2020
This is the Privacy-o-meter feature built into its block explorer and API, and allows users to measure the privacy level of a transaction.
Privacy-o-meter uses 50 heuristics to process the privacy level of a transaction, revealing how much information about the identity of the parties involved is made public by the transaction.
In fact, Bitcoin’s blockchain, as is well known, is public, open, and transparent, so it can be analyzed by anyone.
There are numerous blockchain analysis tools for tracing transactions, such as Chainalysis, Elliptical, CipherTrace and Crystal, but they are paid tools, accessible only to a few.
Therefore, ordinary Bitcoin users rarely are able to perceive the level of privacy of their transactions, which often is not particularly high.
Privacy-o-meter was launched precisely to help anyone verify the privacy level of a BTC transaction.
Specifically, it uses some indicators including the number of transactions recorded on the public addresses used, the number of addresses involved, rounding, the possible presence of multisig, and other parameters.
Generally, even wallet manufacturers, besides common users, do not pay much attention to raise the level of privacy of transactions, so that many do not even display alerts when the user sends a transaction set to have a low or very low level of privacy.
This means that, compared to protocols such as Zcash, Monero and Dash, most transactions in the Bitcoin network are easy to analyze.
Bitcoin does not have a native transaction obfuscation feature, which can actually compromise scalability, and mixers are often expensive and not easy to use.
For these reasons, despite what many believe, the average privacy level of BTC transactions is quite low.
At the very least, once the transaction has been recorded, Blockchair’s new tool helps users to verify the effectiveness of the measures undertaken to safeguard their privacy.
Author: By Marco Cavicchioli
– 29 Jun 2020