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Market Summary
Market Cap: $107B
BTC Dominance: 48.37%
24 Hour Volume: 3.3B
Active Currencies: 840
Active Assets: 191
Active Markets: 4855
The majority of today was fairly calm, but over the last few hours we've seen quite the increase in Bitcoin. We're sitting at a total market cap around $107B, up significantly from yesterday. With the sudden increase in Bitcoin it's overall market dominance has jump back up to 48%.
Nearly everything is green over the last week, with BCH being the only one in the red. It appears as more people are gaining access to their tokens, they're cashing them out for more BTC. While there are some impressive gains over the last 24 hours, OMG is up an insane 62%; 217% for the week.
News
Price of Bitcoin Cash Plummets as Exchanges Open Deposits - altcointoday
Price of Bitcoin Cash Plummets as Exchanges Open Deposits Following a difficult drop which stabilized the network, Bitfinex announced the opening of Bitcoin Cash deposits and withdrawals. While several smaller exchanges had already enabled Bitcoin Cash funding, Bitfinex has become the first major exchange to do so. They are requiring 20 confirmations before Bitcoin Cash deposits are…
FBI Arrest WannaCry Kill Switch Creator in Vegas - altcointoday
FBI Arrest WannaCry Kill Switch Creator in Vegas In a surprising turn of events, the FBI have arrested Marcus Hutchins, the WannaCry kill switch creator, in Las Vegas for allegedly creating and distributing the Kronos malware to steal banking logins from victims’ computers. Hutchins, from Ilfracombe in Devon, who goes by the name of Malware Tech,…
Cryptocurrency Exchange Bittrex Allows Users to Deposit Bitcoin Cash - altcointoday
Cryptocurrency Exchange Bittrex Allows Users to Deposit Bitcoin Cash The ongoing debacle regarding Bitcoin Cash is far from over. A lot of exchanges still have to credit user balances accordingly. The exchanges having done so already still struggle with deposits and withdrawals. Bittrex, the exchange generating most of the BCH trading volume, finally…
Filecoin Presale Raises $52 Million Ahead of ICO Launch - coindesk
San Francisco-based startup Protocol Labs has sold $52 million in a token pre-sale ahead of an initial coin offering launch next week. Notable backers of the Filecoin pre-sale include Union Square Ventures and Sequoia Capital, according to a representative of the startup. The Wall Street Journal covered the pre-sale earlier today, and in a tweet, reporter Yuliya Chernova said that Winklevoss Capital, Digital Currency Group and Y Combinator president Sam Altman also took part.
Patent Reveals Nasdaq Planning Blockchain-Powered Data System - coindesk
Exchange operator Nasdaq is seeking to patent a system for securely distributing time-sensitive information via a blockchain. The U.S. Patent and Trademark Office (USPTO) released the patent application – entitled "Systems and Methods for Securing and Disseminating Time Sensitive Information Using a Blockchain" – on August 3, though it was initially submitted in late January of this year.
Mastercard Eyes Cryptocurrency Refunds in New Patent Application - coindesk
A new patent application from Mastercard suggests that the global credit card issuer is exploring ways to build refund services for cryptocurrency users. The application, titled "Information Transaction Infrastructure", was published by the the U.S. Patent and Trademark Office (USPTO) on August 3, having been submitted in late January. Vladimir Goloshchuk, who according to LinkedIn previously worked as a senior analyst at Mastercard, is listed as the sole inventor.
Bitcoin Cash Block Production Accelerates as Mining Difficulty Adjusts - coindesk
After a slow start, blocks on the newly launched bitcoin cash blockchain are now being mined more frequently. When the cryptocurrency originally split from the main bitcoin blockchain earlier this week, blocks were crawling in, with the first one taking about five hours to find and another taking nearly 13 hours. This came as no surprise to many, since bitcoin cash has much less mining power (with only a few groups, ViaBTC, Bitcoin.com and other unknowns securing the new blockchain).
Videos
Give Me My Money 😡 How To Claim Your Bitcoin Cash On Ledger Nano Hardware Wallet (The Cryptoverse) - Chris Coney - YouTube
Are you claiming your free Byteball? - CryptoGordo - YouTube
Super Secret Crypto Stuff / NEO (Antshares) ROCKING China / Vinay Gupta / BCH Is The REAL Bitcoin - Crypt0 - YouTube
What is Bitcoin Cash? An Update On Bitcoin - Ameer Rosic - YouTube
Research
- WannaCry hackers are converting bitcoins to 'totally anonymous' Monero to hide their tracks
- NEO- There is a reason you keep hearing about it
- IOTA Foundation Enters Historic Partnership with Refugee Nonprofit
- TenX Dev update — August 4, 2017