London, UK, Sept. 11, 2020 (GLOBE NEWSWIRE) — One of the most anticipated cryptocurrencies of 2020 – Crypton (CRP) – is coming to the international cryptocurrency market. Recently, it has become available for trading on the exchange platforms latoken.com and zg.com, where everyone can now buy, sell, and exchange CRP. All the up-to-date information about the coin exchange rate is available on coingecko.com.
*Crypton is the internal cryptocurrency of Utopia P2P network — a revolutionary data privacy project on the Internet created by the anonymous creators.
For anyone who missed the chance to invest in Bitcoin at the early stage of its development, here is a second chance to get in on the ground floor and invest in a new and rapidly developing cryptocurrency right now. At this stage of development, everyone can buy the cryptocurrency at the lowest price. So, invest a little now, and make a profit as the value increases steadily.
As a result, by investing in Crypton, you contribute to the usage and popularization for private use of such tools as:
- uMessenger: An instant messenger where communication between users is decentralized and encrypted.
- uMail: Protected file sharing with secure information transfer.
- Idyll Browser: An anonymous browser with hidden traffic based on its own security protocol.
- uWallet: An encrypted e-wallet based on blockchain technology where financial transactions are in a chain on master nodes, and everyone has a chain with uNS channels.
- uNS: A unique domain name system as a completely secure alternative to DNS.
- Mining bot: A special bot that uses unique proof-of-memory technology for a quick way to earn Cryptons just using the ecosystem.
Each Utopia client gets all the necessary Internet tools for the modern world in one place with the internal cryptocurrency Crypton. Note that it is becoming more and more popular on international cryptocurrency exchanges every day.
Crypton has many similarities with Bitcoin. Neither currency used an ICO, and both have a high degree of protection based on decentralization.
Nobody knows who is the real owner of these projects. Bitcoin was developed by a person or group using the name Satoshi Nakamoto, while the developer of Crypton is the team of anonymous creators. They decided to hide their real names to avoid pressure from government agencies and third parties. In the case of Crypton, it is helping to provide a real revolution in the cryptocurrency world.
Moreover, CRP does not display any transaction data. It is intended for anonymous payments. Third parties do not have access to information about the identity of clients who use Cryptons for personal purposes. The entire process of conducting a transaction is linked under a cryptographic signature. The transfer itself over the network is also wrapped in encryption.
Until now, the Utopia platform has only been available for desktop devices. However, the developers have already announced the release of a mobile version of the ecosystem. In other words, Utopia is poised to become even more accessible and popular, which means that Cryptons will significantly increase in price.
Take a chance and be one of the first who earn money on a developing cryptocurrency. Start investing in CRP right now.
Company: Utopia p2p
[ Back To TMCnet.com’s Homepage ]
Crypto-to-fiat gateway XanPool raises $4.3 million in pre-Series A funding
Crypto-to-fiat gateway infrastructure provider XanPool has raised $4.3 million in pre-Series A funding.
The round was led by OK Group, with participation from venture firms HashKey and Gumi Cryptos. With the fresh capital in place, XanPool plans to expand its operations into the Eastern hemisphere.
Founded last year, Hong Kong-based XanPool helps users convert their cryptocurrency to local fiat currencies and vice versa. While its operations appear to be like a crypto exchange, XanPool said it is fast and doesn’t custody customer funds.
“Conventional crypto exchanges require long waiting times — several hours days to days — to clear deposits and withdrawals. […] XanPool…software enables users to settle their cryptocurrency to local fiat currency in seconds instead of hours, without taking custody of customer funds throughout the entire process,” said XanPool.
The firm’s software supports local payment solutions such as FPS in Hong Kong, IBFT in Pakistan, and InstaPay in the Philippines. XanPool said it currently has over 75,000 transacting users in over eight Southeast Asian countries and has plans to expand into Pakistan, Bangladesh, Russia, Japan, Korea, Australia, and New Zealand in the coming two quarters.
To that end, XanPool has also hired former SWIFT executive Daniel De Weyer as its director.
© 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Author: Yogita Khatri
European Crypto Exchange Hacked for $5.4 Million in Bitcoin
Eterbase, a Slovak cryptocurrency exchange, revealed Thursday that it had been hacked for $5.4 million. Cyber-criminals broke into six hot wallets containing bitcoin, ethereum, algo, ripple, tezos, and tron, stealing everything, it said.
Hot wallets are active digital asset accounts connected to the internet. Eterbase used these wallets to facilitate day-to-day trading activities on its platform. However, hot wallets tend to be susceptible to hacks on account of their being connected to the internet.
“Law enforcement authorities have been informed and we will assist as much as we can in the ongoing investigations,” said Eterbase, in a short statement. The exchange sought to reassure fretful investors, stating, “we have enough capital to meet all our obligations.”
Following the breach, Eterbase has now suspended all deposits and withdrawals, including any trading, until Sept.10. The exchange said it will resume operations once an audit of its security systems has been completed.
According to a series of messages posted on its Telegram channel, Eterbase detected the hack, but was powerless to stop it. Eventually, the company tracked the crypto assets as they left its coffers.
A large part of the stolen money allegedly ended up at Binance, Huobi Global and Hitbtc, it claimed on Twitter. Eterbase has now contacted these exchanges, requesting that the funds be frozen.
In July, another European crypto exchange Cashaa lost 336 bitcoin (worth around $3.1 million at the time) to hackers. The London-based platform said the hacker attacked one of its Blockchain.com wallets, which is used to store BTC and make transfers from the exchange.
Worldwide, bitcoin exchanges have become a prime hunting ground for cyber-criminals. Last year, Japan’s Bitpoint was raided for $32 million and a few months later South Korean platform Upbit suffered a $52 million loss. Zaif, another Japanese exchange, was attacked for $60 million in 2018.
What do you think cyber-attacks on cryptocurrency exchanges? Let us know in the comments section below.
The post European Crypto Exchange Hacked for $5.4 Million in Bitcoin appeared first on Bitcoin News.
Author: By TeamMMG
Bitcoin Hits $10.4K; Ether Balances on Exchanges Fall to 7-Month Low
Bitcoin was trending upward before losing momentum; ether holders are moving their cryptocurrency off exchanges.
Bitcoin continued its upward momentum from Wednesday, with the world’s oldest cryptocurrency rising as high as $10,488 on spot exchanges such as Coinbase before losing some steam and now moving in a sideways pattern.
Constantin Kogan, partner at crypto fund of funds BitBull Capital, points to bitcoin’s relative strength index, or RSI, as an indicator of where the market might be headed. RSI measures price changes to indicate market conditions, such as “overbought” when there has been too much buying or “oversold” when there is too much selling.
Related: Privacy Startup Nym Will Pay You in Bitcoin to Run Its Mixnet
“The relative strength index has shifted in favor of growth after the price climbed to $10,355,” said Kogan. “There is a chance to return to the pivotal area of $10,756, but not everything is as rosy as we would like to see.”
Kogan said bitcoin price action will depend on the global economy’s performance for the balance of 2020.
“Many analysts predict that BTC will continue to rise in price in the long term,” Kogan added. “However, this year a breakthrough is unlikely. It is expected next year if we won’t see a global recession escalation.”
Related: Binance’s New Platform Will Connect CeFi and DeFi With $100M Fund
In bitcoin futures, open interest has been hanging around the $3.7 billion mark for the past week.
“This represents a lot of indecision in the BTC market,” said Daniel Koehler, liquidity manager for cryptocurrency exchange OKCoin, regarding the stasis in bitcoin futures. “I think many larger players hedged at these high price levels and are waiting for momentum to clearly go in one direction.”
Henrik Kugelberg, a Swedish over-the-counter crypto trader, points to the longer-term outlook of bitcoin versus fiat’s performance. “The macro perspective is of course that all currencies will lose value and the only hedge in the currency market the coming months is bitcoin.”
Indeed, the U.S. Dollar Index, a measure of the American currency against a basket of other fiat, is still in the doldrums, down 0.30% Thursday.
Ether (ETH), the second-largest cryptocurrency by market capitalization, was up Thursday, trading around $364 and climbing 2% in 24 hours as of 20:00 UTC (4:00 p.m. ET).
The balances of ether on centralized exchanges is at a seven-month low. On Wednesday, 17,158,739 ETH sat on exchanges, the lowest it had been since Feb. 9, according to data from aggregator Glassnode.
“My immediate thought is that many people have moved their ETH off exchanges to be able to participate in yield farming,” said Andrew Tu, an executive at quant trading firm Efficient Frontier. “A load of other traders likely moved their ETH to be able to provide liquidity to Uniswap pools. SushiSwap is a prime example of this.”
Notable losers as of 20:00 UTC (4:00 p.m. ET):
Author: News Bureau