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Crypto Daily Report – June 9
This document is being provided publicly in the following form. Please subscribe to FSInsight.com for more. Members Area Crypto Daily Crypto Daily Report – June 9 Crypto Daily Crypto Daily Report – June 9 June 9 FSInsight Team Crypto Daily Report The Most Important Daily Data for Digital Assets Daily Analysis from FSInsight June 9, 2021 Late Tuesday evening, lawmakers in El Salvador's Congress voted by a supermajority in favor of making bitcoin legal tender. The law allows for the prices of goods and services to be denominated and paid in BTC, and perhaps more notably, exempts any exchanges in bitcoin from capital gains tax. Coinbase (Nasdaq: COIN) revealed Tuesday that its institutional holdings grew 170% from $45 billion to $122 billion in Q1 2021 as demand skyrocketed alongside the latest crypto bull run. The Company has over 8,000 institutional clients, many of which use its Coinbase Custody product. Crypto exchange Gemini acquired custody specialist Shard X for an undisclosed amount on Wednesday morning. Gemini COO, Noah Perlman, stated that the acquisition will enable Gemini " to meet the current demand for fast withdrawals, interacting with DeFi staking, or the transferring of digital assets with greater efficiency." Daily Important Metrics CRYPTO SIZE SENTIMENT BULLISH SIGNAL Bullish signal is tied to the crypto market growing Market Cap $1.5T +$42B ( +2.79% ) BTC Dominance 41.64% ( +1.49% ) STABLE COINS FUTURES CME BULLISH SIGNAL A positive spread between Futures Prices and Spot BULLISH SIGNAL Prices is Bullish Increase in circulating -
Implementation of Smart Contracts for Blockchain Based Iot Applications
Implementation of smart contracts for blockchain based IoT applications Georgios Papadodimas, Georgios Palaiokrasas, Antoniοs Litke, Theodora Varvarigou Electrical and Computer Engineering Department National Technical University of Athens Athens, Greece [email protected], [email protected], [email protected], [email protected] Abstract—An increasing number of people, organizations [11], funding mechanisms [12] and many more. A milestone and corporations are expressing their interest in the for the course of blockchain technology was the development decentralization technology of the blockchain. The creation of of Ethereum project, offering new solutions by enabling smart the blockchain marks the time when we start building contracts’ implementation and execution. The Ethereum distributed peer-to-peer networks consisting of non-trusting blockchain is a Turing complete platform for executing smart members that interact with each other without a trusted contracts [13], [14], and not just a ledger serving financial intermediary but in a verifiable manner. In this paper, we transactions. It is a suite of tools and protocols for the creation propose a decentralized application (DApp) based on and operation of Decentralized Applications (DApps), blockchain technology for sharing Internet of Things (IoT) “applications that run exactly as programmed without any sensors’ data, and demonstrate various challenges addressed possibility of downtime, censorship, fraud or third-party during the development process. This application combines blockchain technology with IoT and operates through smart interference”. It also supports a contract-oriented, high-level, contracts that are executed on the Ethereum blockchain. More Turing-complete programming language [15], allowing specifically the application is a platform for sharing (buying and anyone to write smart contracts and create DApps. -
Versus Decentralized Prediction Markets for Financial Assets
Wolfgang Pacher Centralized- versus Decentralized Prediction Markets for Financial Assets Are blockchain-based prediction market applications simply the better solution to forecasting financial assets? MASTER THESIS submitted in fulfilment of the requirements for the degree of Master of Science Programme: Master's programme Applied Business Administration Branch of study: General Management Alpen-Adria-Universität Klagenfurt Evaluator Assoc.Prof.Mag.Dr. Alexander Brauneis Alpen-Adria-Universität Klagenfurt Institut für Finanzmanagement Klagenfurt, May 2019 Affidavit I hereby declare in lieu of an oath that - the submitted academic paper is entirely my own work and that no auxiliary materials have been used other than those indicated, - I have fully disclosed all assistance received from third parties during the process of writing the thesis, including any significant advice from supervisors, - any contents taken from the works of third parties or my own works that have been included either literally or in spirit have been appropriately marked and the respective source of the information has been clearly identified with precise bibliographical references (e.g. in footnotes), - to date, I have not submitted this paper to an examining authority either in Austria or abroad and that - when passing on copies of the academic thesis (e.g. in bound, printed or digital form), I will ensure that each copy is fully consistent with the submitted digital version. I understand that the digital version of the academic thesis submitted will be used for the purpose of conducting a plagiarism assessment. I am aware that a declaration contrary to the facts will have legal consequences. Wolfgang Pacher m.p. -
Metamask Pre-Assignment
MMS 562F: Tech Driven Transformation MetaMask Pre-Assignment Campbell R. Harvey Duke University and NBER February 2021 Setup • Metamask is a cryptocurrency wallet that is used to interface with the Ethereum-based Apps • We will be setting up this Wallet on your mobile device (iOS or Android only) – If you are unable to use a mobile device, the end of this deck has a web browser tutorial (Page 19) – If you already have MetaMask on your browser, the end of this deck has a tutorial to link your Web Account to the Mobile App (Page 25) Campbell R. Harvey 2021 2 Setup • Download the Metamask app from the App Store or Google Play Store • Click Get Started • Click Create a new wallet • Create a new account by typing in a password of your choosing and pressing “Create” • Go through the prompts to secure your wallet • Store Secret Backup Phrase in a secure location, ideally paper or a password manager – not on your phone or computer. • Type in secret backup phrase Campbell R. Harvey 2021 3 1 Using MetaMask 1. Network • This determines which Ethereum Network you are using. Click on this to see all network options in a 2 dropdown. For this class we will only discuss or use the Main Ethereum Network and the Ropsten Test Network. 3 Campbell R. Harvey 2021 4 1 Using MetaMask 1. Network • The Ethereum Mainnet is where live ether (ETH) with real value exists and is 2 used for payment and applications. I will refer to this as the “main network” or the “mainnet” 3 Campbell R. -
Blockchain & Cryptocurrency Regulation
Blockchain & Cryptocurrency Regulation Third Edition Contributing Editor: Josias N. Dewey Global Legal Insights Blockchain & Cryptocurrency Regulation 2021, Third Edition Contributing Editor: Josias N. Dewey Published by Global Legal Group GLOBAL LEGAL INSIGHTS – BLOCKCHAIN & CRYPTOCURRENCY REGULATION 2021, THIRD EDITION Contributing Editor Josias N. Dewey, Holland & Knight LLP Head of Production Suzie Levy Senior Editor Sam Friend Sub Editor Megan Hylton Consulting Group Publisher Rory Smith Chief Media Officer Fraser Allan We are extremely grateful for all contributions to this edition. Special thanks are reserved for Josias N. Dewey of Holland & Knight LLP for all of his assistance. Published by Global Legal Group Ltd. 59 Tanner Street, London SE1 3PL, United Kingdom Tel: +44 207 367 0720 / URL: www.glgroup.co.uk Copyright © 2020 Global Legal Group Ltd. All rights reserved No photocopying ISBN 978-1-83918-077-4 ISSN 2631-2999 This publication is for general information purposes only. It does not purport to provide comprehensive full legal or other advice. Global Legal Group Ltd. and the contributors accept no responsibility for losses that may arise from reliance upon information contained in this publication. This publication is intended to give an indication of legal issues upon which you may need advice. Full legal advice should be taken from a qualified professional when dealing with specific situations. The information contained herein is accurate as of the date of publication. Printed and bound by TJ International, Trecerus Industrial Estate, Padstow, Cornwall, PL28 8RW October 2020 PREFACE nother year has passed and virtual currency and other blockchain-based digital assets continue to attract the attention of policymakers across the globe. -
Gemini Now Supports Dogecoin. Much Wow. | Gemini
5/6/2021 Gemini Now Supports Dogecoin. Much Wow. | Gemini Get started INDUSTRY PRODUCT May 04, 2021 Gemini Now Supports Dogecoin. Much Wow. We are thrilled to announce that trading and custody are now available for Dogecoin (DOGE), the funnest and friendliest crypto in the observable universe. Trading for DOGE is available on our API/FIX and Active Trader™ applications for USD, and on our mobile and web applications for USD, GBP, EUR, CAD, AUD, HKD and SGD pairs. With DOGE as part of the pack, we now offer over 40 cryptos for Wet ruased cionogkie as ntod im cpurosvet oanddy c uastnodm izaen oourt sheervric e1s1, ecnrsyurpe tcomsp flioanrc ec, uansdt oprdotyec. tL yeouarrn account. By continuing to use Gemini, you agree to our use of cookies. To learn more about coomokiesr aen da hboow utot cahalln gteh yeo ucr rsyetptintgoss, v wiewe o suru Ppripvaocyr tP ohliecyr.e. Dogecoin Is No Joke Manage OK https://www.gemini.com/blog/gemini-now-supports-dogecoin-much-wow 1/6 5/6/2021 Gemini Now Supports Dogecoin. Much Wow. | Gemini Dogecoin is the people’s money. It’s organic, irreverent, and fun. It’s not forced on us by a government or some other cGeentt sratalrted authority, it’s chosen by us, for us — by the people, for the people. Wow. For many, the idea of emergent money that is not mandated by fiat is hard to grok. We’re used to being told what money is. For most of our lives, paternalistic money is all we’ve ever known...until Bitcoin. -
Decentralized Reputation Model and Trust Framework Blockchain and Smart Contracts
IT 18 062 Examensarbete 30 hp December 2018 Decentralized Reputation Model and Trust Framework Blockchain and Smart contracts Sujata Tamang Institutionen för informationsteknologi Department of Information Technology Abstract Decentralized Reputation Model and Trust Framework: Blockchain and Smart contracts Sujata Tamang Teknisk- naturvetenskaplig fakultet UTH-enheten Blockchain technology is being researched in diverse domains for its ability to provide distributed, decentralized and time-stamped Besöksadress: transactions. It is attributed to by its fault-tolerant and zero- Ångströmlaboratoriet Lägerhyddsvägen 1 downtime characteristics with methods to ensure records of immutable Hus 4, Plan 0 data such that its modification is computationally infeasible. Trust frameworks and reputation models of an online interaction system are Postadress: responsible for providing enough information (e.g., in the form of Box 536 751 21 Uppsala trust score) to infer the trustworthiness of interacting entities. The risk of failure or probability of success when interacting with an Telefon: entity relies on the information provided by the reputation system. 018 – 471 30 03 Thus, it is crucial to have an accurate, reliable and immutable trust Telefax: score assigned by the reputation system. The centralized nature of 018 – 471 30 00 current trust systems, however, leaves the valuable information as such prone to both external and internal attacks. This master's thesis Hemsida: project, therefore, studies the use of blockchain technology as an http://www.teknat.uu.se/student infrastructure for an online interaction system that can guarantee a reliable and immutable trust score. It proposes a system of smart contracts that specify the logic for interactions and models trust among pseudonymous identities of the system. -
A Survey on Volatility Fluctuations in the Decentralized Cryptocurrency Financial Assets
Journal of Risk and Financial Management Review A Survey on Volatility Fluctuations in the Decentralized Cryptocurrency Financial Assets Nikolaos A. Kyriazis Department of Economics, University of Thessaly, 38333 Volos, Greece; [email protected] Abstract: This study is an integrated survey of GARCH methodologies applications on 67 empirical papers that focus on cryptocurrencies. More sophisticated GARCH models are found to better explain the fluctuations in the volatility of cryptocurrencies. The main characteristics and the optimal approaches for modeling returns and volatility of cryptocurrencies are under scrutiny. Moreover, emphasis is placed on interconnectedness and hedging and/or diversifying abilities, measurement of profit-making and risk, efficiency and herding behavior. This leads to fruitful results and sheds light on a broad spectrum of aspects. In-depth analysis is provided of the speculative character of digital currencies and the possibility of improvement of the risk–return trade-off in investors’ portfolios. Overall, it is found that the inclusion of Bitcoin in portfolios with conventional assets could significantly improve the risk–return trade-off of investors’ decisions. Results on whether Bitcoin resembles gold are split. The same is true about whether Bitcoins volatility presents larger reactions to positive or negative shocks. Cryptocurrency markets are found not to be efficient. This study provides a roadmap for researchers and investors as well as authorities. Keywords: decentralized cryptocurrency; Bitcoin; survey; volatility modelling Citation: Kyriazis, Nikolaos A. 2021. A Survey on Volatility Fluctuations in the Decentralized Cryptocurrency Financial Assets. Journal of Risk and 1. Introduction Financial Management 14: 293. The continuing evolution of cryptocurrency markets and exchanges during the last few https://doi.org/10.3390/jrfm years has aroused sparkling interest amid academic researchers, monetary policymakers, 14070293 regulators, investors and the financial press. -
Makoto Yano Chris Dai Kenichi Masuda Yoshio Kishimoto Editors
Economics, Law, and Institutions in Asia Pacific Makoto Yano Chris Dai Kenichi Masuda Yoshio Kishimoto Editors Blockchain and Crypto Currency Building a High Quality Marketplace for Crypto Data Economics, Law, and Institutions in Asia Pacific Series Editor Makoto Yano, Research Institute of Economy, Trade and Industry (RIETI), Tokyo, Japan The Asia Pacific region is expected to steadily enhance its economic and political presence in the world during the twenty-first century. At the same time, many serious economic and political issues remain unresolved in the region. To further academic enquiry and enhance readers’ understanding about this vibrant region, the present series, Economics, Law, and Institutions in Asia Pacific, aims to present cutting-edge research on the Asia Pacific region and its relationship with the rest of the world. For countries in this region to achieve robust economic growth, it is of foremost importance that they improve the quality of their markets, as history shows that healthy economic growth cannot be achieved without high-quality markets. High-quality markets can be established and maintained only under a well-designed set of rules and laws, without which competition will not flourish. Based on these principles, this series places a special focus on economic, business, legal, and institutional issues geared towards the healthy development of Asia Pacific markets. The series considers book proposals for scientific research, either theoretical or empirical, that is related to the theme of improving market quality and has policy implications for the Asia Pacific region. The types of books that will be considered for publication include research monographs as well as relevant proceedings. -
Performance Analysis of Blockchain Platforms
UNLV Theses, Dissertations, Professional Papers, and Capstones August 2018 Performance Analysis of Blockchain Platforms Pradip Singh Maharjan Follow this and additional works at: https://digitalscholarship.unlv.edu/thesesdissertations Part of the Computer Sciences Commons Repository Citation Maharjan, Pradip Singh, "Performance Analysis of Blockchain Platforms" (2018). UNLV Theses, Dissertations, Professional Papers, and Capstones. 3367. http://dx.doi.org/10.34917/14139888 This Thesis is protected by copyright and/or related rights. It has been brought to you by Digital Scholarship@UNLV with permission from the rights-holder(s). You are free to use this Thesis in any way that is permitted by the copyright and related rights legislation that applies to your use. For other uses you need to obtain permission from the rights-holder(s) directly, unless additional rights are indicated by a Creative Commons license in the record and/ or on the work itself. This Thesis has been accepted for inclusion in UNLV Theses, Dissertations, Professional Papers, and Capstones by an authorized administrator of Digital Scholarship@UNLV. For more information, please contact [email protected]. PERFORMANCE ANALYSIS OF BLOCKCHAIN PLATFORMS By Pradip S. Maharjan Bachelor of Computer Engineering Tribhuvan University Institute of Engineering, Pulchowk Campus, Nepal 2012 A thesis submitted in partial fulfillment of the requirements for the Master of Science in Computer Science Department of Computer Science Howard R. Hughes College of Engineering The Graduate College University of Nevada, Las Vegas August 2018 c Pradip S. Maharjan, 2018 All Rights Reserved Thesis Approval The Graduate College The University of Nevada, Las Vegas May 4, 2018 This thesis prepared by Pradip S. -
$5.75 $727,91Mm $664,28Mm $7.50 +31.16% +
ETC INSIGHTS JULY 2020 07 MARKET JULY 01 JULY 31 $5.75 $7.50 +31.16% PRICE PRICE $727,91MM $876,75MM +148,835MM VOLUME (1D) VOLUME (1D) $664,28MM $857,30MM +193,020MM MARKET CAP MARKET CAP TECHNOLOGY UPDATES Core Geth seeing more adoption Core-geth is seeing the largest growing node adoption. Ethereum Classic no longer has LTS support for OpenEthereum or Multi-geth. Therefore, Ethereum Classic nodes must transition to Core-geth or Besu. 2nd most popular client, likely to reach most popular as Ethereum Classic no longer has LTS support for OpenEth & Multi-geth DEVELOPMENT Signatory and affiliated tools are nearing more maturity Growing collaboration with MetaMask regarding OpenRPC SigTools nearly Alpha Learn More ROADMAP CHANGES Tooling team is gathering requirements for a wallet project which may impact roadmap NEW TOOLS & FEATURES Signatory Core Learn More COMMUNITY ACCELERATOR NEWS & COHORT MEMBER UPDATES ETC Labs Announces Cohort III, Blockchain for Impact Startups Learn More EVENTS Blockchain course Angel Investing Learn More Learn More Ask Me Anything (AMA) Learn More SFBW’s Unitize 2020 Virtual Conference Watch the Presentation MOIP Episode feat. ETC Labs CEO Terry Culver Watch the Episode UNIVERSITIES INTEGRATIONS PARTNERSHIPS NEWS & EXISTING PARTNER UPDATES SWARM Alpha Event Learn More Launch Connect with Bloq, a developer suite platform for ETC and multi-chain support Learn More ETC Labs partners with World Wildlife Foundation Learn More WORKS IN PROGRESS ETC to build a stablecoin with top stablecoin project Diversifying support with more decentralized storage projects Leading AML project to support Accelerator startups and ETC SPOTLIGHT COHORT III Png.me Prescypto Open Relay Learn More Learn More Learn More IN THE NEWS RECENT MEDIA COVERAGE Ethereum Classic Labs Presents its Third Cohort and its Startups Learn More ETC Labs Launches Cohort III To Support Blockchain-Powered Impact Startups Learn More Ethereum Classic (ETC) Going Hot about How to Run a Swarm Node Learn More MoIP Interview with Terry Culver CEO ETC Labs Learn More ETC INSIGHTS JULY 2020. -
Bitcoin & Other Virtual Currencies
Delaware Attorney General Investor Protection Unit Investor Advisory: Bitcoin & Other Virtual Currencies Virtual currencies, which include digital and crypto-currencies, are gaining in both popularity and controversy. Virtual currencies can offer lower transaction fees and greater anonymity. However, virtual currencies can carry substantial risk. Virtual currencies have fluctuated wildly in value, investors have had their investments in virtual currencies stolen by hackers, and MtGox, previously the largest virtual currency exchange, recently shut down after losing more than $350 million of Bitcoin. What is Virtual Currency? Virtual currency is an electronic medium of exchange that, unlike real money, is not controlled or backed by a central government or central bank. Virtual currencies include crypto-currencies such as Bitcoin, Ripple, Litecoin, Peercoin, and Dogecoin. Such currencies can be bought or sold through virtual currency exchanges and used to purchase goods or services where accepted. Even though some companies and individuals may accept a virtual currency as a monetary equivalent, the Internal Revenue Service has announced that it would treat virtual currency as “property” and not “currency” for tax purposes. Risks Associated with Virtual Currency As with all investments, those tied to virtual currency have risk. However, buying and trading in virtual currencies carries unique risks that are not found in other investments. Some common concerns and issues you should consider before investing in any virtual currency include: Virtual currencies are not legal tender, so stores, internal controls and may be more susceptible to websites or people do not have to accept them as a fraud and theft than regulated financial institutions. form a payment.