Bitcoin and cryptocurrency round-up: 20 February 2018
What to know today.
Bitcoin gets its SegWit on for real; there are increasing numbers of crypto crooks and liars; and a look at some brutally flawed Ethereum smart contracts.
Plus there are signs of development in Western Union's Ripple tests and read about the day's movers and shakers.
1. All together now
Bitcoin developers have gotten together to get the users together.
SegWit works, but it's always been a pain to use. The most recent bitcoin update hits at these pain points.
2. $1,218,206. Could probably be worse
It could stand to be better too.
That's how much Australians have reported as lost in crypto scams to the ACCC amidst a proliferation of crooks and liars.
3. Meet the Ethereum dumb contracts
Researchers have programmed a new tool for checking Ethereum contracts to see if they're fatally flawed.
It definitely works because they found over 3,500 real doozies.
4. What's the hold up?
Banks can plug 'n play Ripple tech a lot easier than a remittances company like Western Union.
There are signs of testing proceeding, but be careful how you interpret them.
5. By the time you read this, it's too late
Hello, kitty.
6. Finally, some FUD
Sick of this bull market nonsense? Put some informative and pragmatic information on the limitations and challenges of P2P in your coffee.
Latest cryptocurrency news
- Ethereum price: Upward surge noted but fears of near-term volatility continue to persist
- Can Anchorage bring crypto staking and DeFi to banks?
- Bitcoin price crashed after touching US$42,000 – and that’s okay
- Bitcoin price hits US$40,000 again before meeting resistance
- Bitcoin price: Strong gains may put new all-time highs in reach
Picture: Shutterstock
Disclosure: At the time of writing the author holds ETH, IOTA, ICX, VEN, XLM, NANO, SALT and BTC.