Bug on Kraken Let Users Buy Bitcoin at Levels Below Market Price

A bug on Kraken made it possible for traders to buy and sell Bitcoin at lower and higher levels than the market price. On Sept. 13, United States-based crypto exchange Kraken experienced a bug that allowed some users to buy or sell Bitcoin (BTC) at a notably different price from Bitcoin’s actual market price due to a reported system bug. The next day, Kraken posted a Twitter thread explaining that the bug resulted from testing an unreleased advanced order type. While Bitcoin was trying to hold $10,300 mark on the…

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Harbor Tokenizes $100 Million in Real Estate Funds on Ethereum Blockchain

Blockchain startup Harbor announced a partnership with Seattle-based real estate investment firm iCap Equity to tokenize $100 million in real estate funds. The startup Harbor announced a partnership with Seattle-based real estate investment firm iCap Equity to tokenize $100 million in real estate funds. On Sept. 16, Harbor announced in a blog post that iCap Equity is using Harbor’s blockchain-enabled platform to improve its liquidity in four of its real estate funds which manages over $100 million in assets. Harbor created the tokens on the Ethereum blockchain, which represent portions…

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BIS Economist Proposes DLT-Based Financial Market Monitoring

An economist from the Bank for International Settlements has proposed new ways of supervising financial risks with distributed ledger technology. An economist of the Bank for International Settlements (BIS) has proposed new ways of supervising financial risks through distributed ledger technology (DLT). In a recently released working paper, economist Raphael Auer made the case for so-called embedded supervision, which would automatically monitor tokenized markets. This would purportedly eliminate the need for the collection, verification and delivery of companies’ related data. New forms of transparency and data credibility Per the report,…

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New Linux Malware Mines Crypto While Remaining Undetectable

Two threat analysts recently stumbled upon Skidmap, new Linux malware that keeps its cryptocurrency mining operations hidden. Two threat analysts recently stumbled upon new Linux malware that keeps its cryptocurrency mining operations hidden. On Sept. 16, Augusto Remillano II and Jakub Urbanec revealed in a post on Trend Micro, a security intelligence blog, that they found new Linux malware. According to the analysts, this malware is particularly notable because of the way it loads malicious kernel modules to hide its cryptocurrency mining operations. Malware provides hackers full access to infected…

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HTC Smartphone Adds Built-in Wallet for Bitcoin Cash

Bitcoin.com announced a partnership with Taiwanese telecommunications manufacturer HTC to support Bitcoin Cash on the Exodus 1 smartphone. Bitcoin.com announced a partnership with Taiwanese telecommunications manufacturer HTC to support Bitcoin Cash (BCH) on its flagship smartphones. In a press release on Sept. 16, Bitcoin.com announced that it and HTC would begin a long-term partnership wherein the HTC Exodus 1 will provide built-in wallet support for Bitcoin Cash. Bitcoin.com states that the phone supports BCH without having to download a BCH wallet from an app store. Current users will need to…

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Bug on Kraken Let Users Buy Bitcoin $2K Cheaper and Sell $2K Higher

Some Kraken clients were buying Bitcoin at $8,000 or selling at $12,000 due to a bug in the test of an unreleased order type. Some Kraken clients were buying Bitcoin (BTC) for $2,000 cheaper than the market price and selling it for nearly $12,000 on Sept. 13. On Friday, United States-based crypto exchange Kraken experienced a bug that allowed some users to buy or sell Bitcoin at a notably different price from Bitcoin’s actual market price due to a reported system bug.  On Sept. 14, Kraken posted a Twitter thread…

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Price Analysis 16/09: BTC, ETH, XRP, BCH, LTC, BNB, EOS, BSV, XMR, ADA

The impending launch of Bakkt could likely determine the price of Bitcoin for the next few weeks. Many central banks across the world are racing against each other to devalue their currencies. Crypto fund executive Travis Kling believes that Bitcoin (BTC) is a great hedge against irresponsible monetary and fiscal policies of central banks and governments. Tim Draper has said that his target price of $250,000 for Bitcoin is conservative because at that price, the leading cryptocurrency will have only about 5% market share of the currency world, which may…

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Sparkswap Desktop Lets Users Deposit Bitcoin Directly Into Their Lightning Wallets

Lightning service provider Sparkswap now features a desktop application with a first-of-its-kind killer feature: USD-to-bitcoin purchases that deposit sats directly into a user’s Lightning wallet. Dubbed “Sparkswap Desktop,” the new product “allows consumers for the first time ever to buy bitcoin directly into their Lightning wallets using USD,” according to a press release shared with Bitcoin Magazine. To use the feature, users wire a fee-free ACH transfer to a U.S.-domicile escrow account held by Sparkswap’s payment partner; from here, Sparkswap transfers the bitcoin into the user’s wallet using atomic swaps.…

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First Crypto ATM Now Finally Operational in Venezuela

Venezuela’s crypto situation has been viewed as a joke by a lot of people. While the country’s official cryptocurrency, the Petro has received countless criticisms, president Maduro keeps insisting that the country is taking the project further. It also appears that Venezuela has recently managed to get its first crypto ATM. Data from Coin ATM Radar reveals that the country’s first crypto ATM was installed last week. According to the official data, the crypto ATM is located in the city of San Antonia del Tachira. The crypto ATM doesn’t seem…

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Inner Mongolia Regulators Demand That China Bans Mining Farms

China may the crypto mining capital of the world, but mining in the country doesn’t come without risk. As Coinstaker revealed earlier in the year, many mining farms in Sichuan came under government investigation. It seems that the crackdowns on the mining facilities in Sichuan were not enough and the Chinese autonomous province of Inner Mongolia has had its regulators issue a notice. The notice demands that Chinese authorities aid the province in “cleaning up” its mining enterprises. Chinese crypto outlet ChainNews reports that 5 departments of Inner Mongolia have…

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