The MVIS CryptoCompare Digital Assets 10 Index closed at 3,831.55 yesterday at 5 pm (GMT) and has since risen 0.48%.

At the time of writing, the Bitcoin price is sitting at $8,759 representing a gain of 9.43% in the last 24 hours. More than $740 worth of BTC were exchanged in the BTC/USD market representing a 15% share of the global daily volume. The pair with the most volume was the BTC/USDT with a 68% share.

Istanbul Upgrade: 28 Ethereum Improvement Proposals Under Consideration

Ethereum’s developers have submitted 28 Ethereum Improvement Proposals (EIPs), which include recommended codebase modifications that may be integrated into the upcoming Ethereum (ETH) network hard fork, called Istanbul. The EIPs are expected to change the smart contract platform’s mining algorithm, code execution and pricing mechanism, and data storage process.

During the last bi-weekly meeting between Ethereum Core developers, the blockchain network’s development team discussed various approaches and EIPs which may help the platform scale effectively. Commenting on the process for considering EIPs to be added to Istanbul, Hudson Jameson, the Community Relations Manager at the Ethereum Foundation, remarked:

"We’ll talk more on the All Core Devs Gitter channel to wrangle in some of these EIPs that are still stuck in proposed and as quickly as possible decide on which ones are being implemented for Istanbul."

Swiss Telecom Is Bringing Crypto Collectables to TV

Telecommunications giant Swisscom has unveiled a new approach to using non-fungible tokens (NFTs). The product, called Noow, will display art that you own, and you and the artist will know how many copies of his or her works have been distributed. The app comes from a Zug-based, Dloop, which formed out of Swisscom’s accelerator, Kickbox. Greater Zurich Area News reported:

"Digital art is displayed on screens in places such as hotels, restaurants and offices. Changing sequences or animations create a unique ambience. However, a lack of copy protection systems and distribution platforms means that these works are often used illegally. The startup dloop intends to change this situation with its NOOW app. The blockchain solution guarantees the ownership rights for buyers and payment for artists."

BCH May Have Sustained Double Spend

Bitcoin Cash (BCH) appears to have experienced a two-block chain reorganization resulting in a 3,392 BCH double spend. The claim was made in a report released by the research arm of cryptocurrency derivatives exchange BitMex on May 24. Per the report, the recent BCH hard fork experienced three interrelated issues.

Firstly, an apparent bug evidently exploited by an attacker right after the hard fork. The attacker was able to “broadcast transactions which met the mempool validity conditions but failed the consensus checks.” Miners attempting to produce blocks with said transactions were not able to, instead producing empty blocks. The empty blocks reportedly resulted in concern among miners who “may have tried to mine on the original non-hard fork chain, causing a consensus chainsplit.”

The third interrelated problem was that the consensus chainsplit reportedly prevented a system meant to recover funds accidentally sent to SegWit addresses from functioning. According to BitMex Research, “[t]his failure may have resulted in a deliberate and coordinated 2 block chain re-organisation.” The report claims:

“Based on our calculations, around 3,392 BCH may have been successfully double spent in an orchestrated transaction reversal."

ZedXe Launches Buyback and Burn Program

ZedXe.com, an Estonia based cryptocurrency exchange, and wallets security by US regulated BITGO, has introduced Buyback and Burn program for 2 million ZFL tokens. The program intends to benefit both current and new token holders.

A coherent roadmap will navigate the program which works as follows:

Price: USD 0.36* (Minimum)
ZFL Tokens: 2,000,000** (Minimum)
When: July 15, 2019
Where: ZedXe Exchange (On Chain)
Pair: BTC / ZFL

ZedXe Buyback and Burn Program Eligibility Criteria

In order to benefit from ZedXe Buyback and Burn program, users need to fulfill the following criteria:

• Minimum daily volume of 0.1 BTC per user / account in BTC / ZFL pair  
• Multiple trades (buy / sell orders) will be accepted to calculate daily or total accumulated volume.
• No maximum cap of trading volume for any account. Accounts / Users, who fulfill the requirement of daily volume or total accumulated volume at the end of the period, will qualify as top beneficiaries of Buyback and Burn.
• Total accumulated volume of each user will be calculated on July 14, 2019 and the lists will be uploaded on ZedXe exchange website.

* In case the price of each ZFL token reaches USD 0.36 or over, by or before July 14, 2019, ZedXe Exchange will buy back the tokens at 100% (USD 0.72 or more) of the final value set at the specified time of July 14, 2019.

** ZedXe Exchange will buy-back and burn minimum 2 million ZFL Tokens (out of 180 million circulating supply), and maximum tokens, as per total accumulated volume, by July 14, 2019.

Participate in ZedXe Buyback and Burn Program to maximize your profit while trading

 

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