Eleven New Crypto Projects Join Messari Disclosures Registry Including ADA, LSK and Beam

A total of 11 new projects have announced this week that they joined the Messari Disclosures Registry. The registry includes several projects, the most popular new ones are Cardano, V Systems, Lisk and Beam, all which are in the top 100 crypto projects by market cap. Akropolis, Fusion, Keep, Permission, Orbs and Elrond were also added.

With these new projects becoming a part of it, the registry now has a total of 54 projects. Back when it was launched at the end of last year, the Messari registry had only 12.

The Messari Registry

The registry was created to bring more transparency to the crypto market. Each project can decide on its own whether to participate. If the project does participate, they disclose information about their business to investors, which can check the database at any time before they invest in it.

According to the founder of Messari, Ryan Selkis, being able to find basic information about cryptocurrencies is essential to make good investments, which are able to let the industry move forward.

It was in order to distribute information freely that the registry was first created back in 2018. With the new companies that were listed now, the Messari Disclosures Registry is set to become even more important. Cardano alone has a market cap of over a billion USD and a large community, so its entrance is bound to attract more curious investors to the database.

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Author: Daniel W

Did Archive.org and Microsoft Office Just Expose Craig Wright as “FakeToshi”?

  • Craig Wright published an article that he claimed to have made in 2007.
  • The version of Microsoft Office used to publish this paper wasn’t available until after the paper’s alleged creation date.

Craig Wright is known by the entire cryptocurrency world as the man who claims that he is the true creator of Bitcoin, claiming to be the true identity of Satoshi Nakamoto. He’s claimed this statement for years, and the topic has been brought even more into the spotlight this year with a court case that has been challenging this claim. Now, it looks like Wright is being exposed by another source.

On August 18th, a paper was uploaded by Wright to a database called Payments Providers and Intermediaries as Defined in the Law of the Internet. The submission date has been removed, but the paper is dated in 2007, showing the first line of the original Bitcoin whitepaper. Allegedly, Wright’s paper from 2007 said,

“In a similar manner to the web, a purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a payment intermediary.”

Even though this information would realistically validate Wright’s claims, it barely took 24 hours for this whole plot to be completely exposed. Peter McCormack, who is already tied in with Wright as a result of a lawsuit that accused him of libel, discovered some interesting facts regarding the paper. McCormack downloaded the only archived version of this document, finding that the creation date of the paper was August 18th.

The paper was created in Microsoft Office 365, according to the metadata, which wasn’t even released for commercial use until 2011. However, Wright claims that this exact paper is from 2007, which would be impossible with this version of Office. This isn’t even the first time that this program has been the pitfall of Wright’s claims.

In July this year, Wright submitted documents as part of the ongoing Kleiman trial, which he claimed to be from a specific date. However, in using a version of the Calibri font, which wasn’t available until 2015, Wright’s choices again were exposed as impossible. McCormack, who is presently being sued by Wright for claiming that he is not Satoshi, tweeted to ponder why Wright is even going after him, when it is clear that the document could not possibly have been created when he said.

McCormack was sued by Wright in April this year, after he refused to agree that Wright is the official creator of Bitcoin. Wright sued Roger Ver, the owner of Bitcoin.com, as well, but the case was dismissed by the UK court for not being relevant.

Even with another self-proclaimed Bitcoin creator in the world, Wright is seemingly working to do everything he can to say that he’s the one and only Satoshi. But, is he?

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Author: Krystle M

Over 3.5 Millions Accounts Registered on Tron Mainnet As TronWallet Adds Bitcoin Support

Tron CEO and founder, Justin Sun, has just reported that the total number of accounts on the Tron mainnet now exceeds 3.5 million. Moreover, the block height has reached 11984687 with 1073 online nodes.

This wide scale adoption of the network is astonishing given that Tron launched a little over a year ago. Just the other day TronWallet in a tweet said that it was adding Bitcoin to its wallet. As per the tweet the wallet is set to support Bitcoin in the coming days, however, no timelines were given. The tweet read:

Although the Tron foundation seems to be doing pretty well going by the stats, its native coin TRX has plummeted to the 14th position according CoinMarketCap’s top rated cryptos.

Tron does have a functioning mainnet, which many cryptocurrencies do not. It is also a blockchain platform which supports a wide range of decentralised applications (dApps) competing with the likes of other blockchain platforms Ethereum and EOS. In fact, it was found that Tron has surpassed Ethereum and EOS in total dApp users. It may be these factors which are increasing Tron’s popularity.

It may also be due to the ease of using the network. Creating an account on Tron is relatively easy, which may explain the high number of registered accounts. It requires a mere 0.1 TRX to generate a key pair and to extract a public key. It is thus possible that while the network has a large number of real users, they are not completely active.

1 TRX is worth $0.02. Tron might still be struggling because its popularity is a double-edged sword. It receives a major amount of negative publicity due to the antics of Justin Sun, who always seems to be embroiled in controversy.

The most recent of this is the massive failure of his planned lunch with Warren Buffett. Sun donated a staggering $4.5 million to charity to have lunch with the famed crypto-sceptic. After creating a media circus out of the event, the lunch eventually got cancelled due to Sun’s ‘kidney stones’, a claim which is still questioned.

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Author: Joseph Kibe

US Customs and Border Protection Advisory Group To Launch Blockchain Shipping Proof-of-Concept

An advisory committee for the US Customs and Border Protection (CBP) has revealed that they are intending to launch a live test of its blockchain-based intellectual property rights proof of concept.

The panel is called Commercial Customs Operations Advisory Committee (COAC) and has been monitoring the agency’s blockchain tests and had been expected to submit related recommendations at its quarterly meeting in December. The POC strives to facilitate shipments based on known licensing relationships through the use of blockchain.

Their most recent report says:

“The working group has been active with the current POC on IPR. Since the last in person meeting in March, the working group has progressed through the overall project design, implementation of the initial engineering plan, and integration of Trade and CBP systems. Live testing of the system will start at the end of August and conclude late September.”

The COAC advises the Secretaries of the Department of the Treasury (Treasury) and the Department of Homeland Security (DHS) on the commercial operations of U.S. Customs and Border Protection (CBP) and related Treasury and DHS functions. They are involved in three ongoing proof-of-concept projects involving blockchain technology.

This is particularly a remarkable movement towards blockchain adoption because CBP is the largest federal law enforcement agency of the United States Department of Homeland Security, and is the country’s primary border control organization.

Just last year, the agency launched a live test of a blockchain-based shipment tracking system. While testing, the agency intended to establish standards of interaction between different blockchains to ensure that all firms and software will be easily connected to customs without the need for additional customization.

In similar news, the Department of Homeland Security is seeking from the private sector solutions that use blockchain to digitally issue and verify licenses, certifications, and other documents related to supply chain security and other issues.

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Author: Sritanshu Sinha

Australian Tax Office Determines Retirement Portfolios Fully Backed By Crypto Are Illegal

The Australian Tax Office has recently declared that any kind of self-managed fund that is backed only by crypto is breaking the law. Despite what it may look like, this is not a change or a new approach. No Australian retirement fund can have more than 90% of its value in a single asset class.

As you may know, these self-managed funds do not have any specialized company taking care of them, only the main investor. People are legally obliged to diversify their portfolios in this case, possibly in order to save them from themselves.

Unfortunately, this means that someone who has profited a lot from Bitcoin will have to sell some of it and buy other assets instead of being fined by the government.

According to Australian news site Micky, a total of 18,000 funds received warning letters this week because of this. The amount of them that only held crypto was not disclosed. Any self-managed fund that does not comply with the law can be fined in up to $4,200 AUD, which is not a lot if you got rich investing in Bitcoin by yourself.

Crypto Are Risky Investments

Despite how much you may not like that the government is meddling in your investments, the law was created with “good intentions”. It is more dangerous to invest in a single asset class. Cryptos, for instance, are highly volatile.

If you invested all your retirement money in Bitcoin when it was worth $20,000 USD and got out when it was around $4,000 USD, you would have lost 80% of your money. Cryptos are a great investment, but a diversified portfolio is always great.

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Author: Lillian Peter

Coinbase’s Password Vulnerability May Have Affected 3,500 Customers

Coinbase has recently reported that the company found a vulnerability in its system that affected the passwords of some users. According to the company, some passwords were stored in a plain text file on the company’s servers.

The information was not accessed by any outside source at any time, but around 3,500 customers had their passwords stored in a less than secure way up until recently. The glitch may have affected only 0.1% of the clients but was relevant enough to be disclosed.

How has this happened, in the first place? According to the company, due to a very specific error in the procedure. The registration form would simply not be loaded correctly and the attempt to create the account would fail. However, the log of the failure would be sent to the company.

According to Coinbase, the error would happen when JavaScript was not properly loaded during the inscription.

This meant that the name, information, and password of the person would be still in an unprotected place after the person succeeded in creating the account. Over 90% of the time, the customers retried and used the same password again, which caused the vulnerability.

After discovering this possible vulnerability, Coinbase looked at the other files present on the company’s database to see if another one could be problematic. Fortunately, no others were found at the time of this report.

According to a recent post, the company completely fixed the problem and excluded the file with sensitive information. All accounts that may have possibly be affected also were prompted to create new passwords in order to protect their assets.

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Author: Gabriel Machado

Survey Reveals Four Out of Five Colombians Are Open To Cryptocurrency Investments

A new survey has recently revealed that 86.5% of Colombians are familiar with Bitcoin (BTC) and that around 80% of them are actually open to investing in this market. The survey was made by the P2P Bitcoin platform Paxful together with Toluna Insights.

According to the information presented by the survey, at least half of everyone between the ages of 25 and 40 has already expressed at least some mild interest in buying cryptos. Most of them wanted to buy Bitcoin (79%). Ethereum, the second-largest token of the market, had only 3% of the people interested in it.

32% of the people who participated in the survey affirmed that they had already participated in crypto transactions and 59% believed that the adoption of the technology would continue to grow in the near future.

Curiously, 91% of the people who responded seemed to be aware that cryptos could change the future of finances forever. 86% affirmed that the technology would need to be properly regulated in the country, as they believed that the current legislation was probably not suited to handle it.

However, only 20% of the respondents actually used crypto at least once. The P2P trading volume in the country is growing a lot recently, although there is no clear explanation for why except the fact that cryptos are getting more mainstream adoption recently.

In the U. S., around 11% of the population have bought Bitcoin, recent research has shown. Most of them have between 18 and 34 years. Despite only a small percentage of the people have ever used it, 89% have heard about it at least once.

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Author: Gabriel Machado

Blockstream’s Samsom Mow: Bitcoin May Be Bad For Payments, But Lightning Network Can Fix It

Samson Mow, the CSO of Blockstream, has recently affirmed that the Lightning Network solves one of the major problems of the Bitcoin network on a recent interview.

According to him, the whole idea behind BTC is not really to be a currency to be used in everyday activities. The way he sees BTC, it is all about a great way to store value digitally. It is, therefore, a medium for the transfer of wealth, not really a currency. He believes that affirming this has made several people dislike him and affirm that he hates Bitcoin, but that’s far from the truth.

His view is only that BTC was created for that purpose, not to be money. Fortunately, he affirmed, the Lightning Network was created in order to give BTC a shot at becoming the kind of currency that can be used any day.

The LN is pretty fast and the fees are very low. It was created exactly with these payments in mind. One the network reaches mainstream adoption, it can change Bitcoin. No longer people would need to wait hours before transactions are complete.

He also affirmed that something that was interesting about Bitcoin was that the token had some kind of “virgin birth”. Unlike the altcoins that came later and copied its concepts, it was really decentralized and unable to be controlled by a single group. All the times that people tried, hard forks happened.

In related news, Mow has recently affirmed that Facebook’s Libra would be screwed if people decided to make the right choice and use BTC instead.

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Author: Bitcoin Exchange Guide News Team

Fundstrat’s Tom Lee: Bitcoin Is A Great Safe Haven Asset, Can Reach New All-Time Highs This Year

Tom Lee, one of the senior analysts of Fundstrat Global Advisors, has recently affirmed that Bitcoin is the “genuine safe haven” asset during a recent interview for Fox Business.

According to him, whenever there is political turmoil, crypto prices tend to go up a lot. This happens because people are trying to protect their assets from devaluation, so they use Bitcoin. The premium in markets such as Hong Kong right now is proof of that.

Bitcoin Is Good For A Diverse Portfolio

The investor also affirmed that BTC has been doing great this year. After the bear market, the asset was worth only over $3,000 USD and now it has surpassed $10,000 USD and stayed there. The future is set to be even better, he believes, and the all-time high can be broken before the end of the year.

Lee affirmed that BTC is a great strategy for diversification mainly because it is not really correlated with the rest of the market, so it does well when the traditional market is not doing well.

He believes that investing at least 1 to 2% of your portfolio in BTC is the best bet for times such as the one we are in.

The crypto community surely wants Lee to be right. The market was very popular when prices were going up a few months ago and most people still believe that BTC will rise more and take the whole altcoin market together to the moon.

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Author: Bitcoin Exchange Guide News Team

Glassnode Reveals Litecoin Dusting Attack on Binance Affected Nearly 300,000 Wallets

A recent dusting attack that was made against the Litecoin network affected almost 300,000 wallets on Binance. The attack affected exactly 294,582 addresses, despite reports that only a few were affected.

This was revealed by Glassnode, a metrics company that used its technology to map out the attack. According to the company, the attack was similar to another one that happened in April.

Initially, Coinbase affirmed that only 50 wallets were affected. The company did it as soon a the attack happened on August 9. This, the company affirmed, affected only 0.00000546 LTC, almost nothing. The truth, however, seems to be quite different.

Curiously, some people affirm that the dusting attack was actually not a real attack after all. Jan Happel, the founder of Glassnode, told the crypto media that the “attacker” was not actually trying to harm anybody.

His address was identified and he claimed that he was only trying to advertise his exchange, which is based in Russia. The goal was to “reach out” to several wallets to advertise their mining pool services, which were focused on the Litecoin community.

Despite being a very weird reason, nobody was actually harmed by the so-called dusting attack, so there may be some truth to his statements.

At the moment, there is also not a real explanation as to why Binance believed that only a few addresses were affected at first. James Jager, from the Binance Academy, however, posted that they managed to identify the person and that it was a wide attack sometime after the event happened.

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Author: Daniel W