Cryptocurrency news today September 1

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Cryptocurrency news today September 1

Team Cryptocoins.group presents to your attention our regular column – “the news of the cryptocurrency today”. Recall that in this column we publish news, which influence on the exchange rate of the cryptocurrency of the TOP 100 by market capitalization according to Coinmarketcap.

On the first day of autumn, the cryptocurrency market once again came into motion: all of the top ten Coinmarketcap shows growth, and even the most “modest” of bitcoin has added at least 1-1,5%. But the growth leader on September 1 the times for the week was EOS, which added 6%. A 5% increase in litecoin, 4.5% – Cardano.

But the real sensation has made the cryptocurrency AurumCoin per day has risen by more than 5700% and soaring to the 23rd place ranking Coinmarketcap. However, the mere study showed that such explosive growth was triggered by transactions with a total volume of only $6,000 on a crypto currency exchange Cryptohub. While AurumCoin is present in the listing only three trading platforms, including Cryptohub, and on the other cryptomeria input and output of coins is frozen. The very coin in cryptosuite is considered “dead”, as the developers have stopped support a year ago. Given the extremely low liquidity of an asset can hardly be considered polumilliardny capitalization AurumCoin true.

Dutch economist Joost van der Burgt conducted a study which compared the growth dynamics of the number of queries on the subject of cryptocurrencies in Google and change the course of bitcoin. The study showed that, prior to January 2018, the correlation between the rate and the number of queries was almost absolute, however, since the beginning of this year, the fall in the interest of Google to bitcoins far exceeded the depreciation of the currency. On the basis of obtained data we can conclude that bitcoin is more “lightly”, and instead of falling to 90% is received on a gradual decline in prices with short periods of growth.

Re videoconference developers of Ethereum, held on 31 August, the participants came to the agreement on the reduction of the remuneration for the formation of the block from 3 to 2 ETH. Offer under the code name EIP-1234 will be activated during the next hard forks the network. Another important decision of the participants of the conference was the transfer of the implementation of “bombs of complexity” for another year. “Bomb complexity” needs to start the process of transition with the algorithm of proof of work to proof of the bet, and this operation is one of the most important stages in the development of Ethereum.

Platform Lisk has officially completed the transition to the new Protocol Lisk Core 1.0. Team Lisk said that this event is the most important in the history of cryptocurrency, as it is a consequence of a strategy of gradual and balanced development. The transition to the new Protocol was announced a few weeks earlier, and the majority of users have already followed the recommendation to update the software. Those who still have not updated your client, team Lisk reminds you to do this in the near future. Concurrently with the migration to Lisk Core 1.0 was launched a new API, layers, the P2P communication and the ability to send custom messages along with the cryptocurrency transaction.

The company Ripple has achieved the unification of the two lawsuits filed against it by disgruntled investors. Ripple argued his request by the fact that the plaintiffs Vladi of Sakinaw and David Oconer present similar claims and it can be regarded as a comprehensive claim. It is interesting that the claim of David Oconer had to deal with judge Mary Weiner, previously removed on request Ripple from the case Vladi Zakirova. It is not known whether Weiner is scheduled for a complex case, and will Ripple to seek re-allotment.

Japanese police have promised in the near future to start the system for tracking the cryptocurrency transactions of users suspected of committing financial crimes. Given that some cryptocurrency in principle exclude the possibility of identification of the sender and receiver of a transaction, the system will focus on bitcoin and ether. As for the most anonymous currency like Monero or Dash, the authorities of Japan have already taken steps, in fact declaring these currencies outside the law.

The famous rap artist and actor Eminem contributed to the popularization of cryptocurrency, citing a bitcoin in one of the songs of his latest album. According to some experts, the words “now everybody’s doing bitcoin,” delivered in the song of the idol of generations, should arouse the interest of the General public to the cryptocurrency. In addition, the fact that Eminem says the word “bitcoin” as a matter of course suggests that the cryptocurrency is a very well-known financial instrument.

Stay tuned not to miss any important event from the world of cryptocurrency!

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