The Project Circle Supported by the Goldman Sachs Launched a Stablecoin

Despite numerous rumours, a major American investment bank Goldman Sachs is quite an active participant of the crypto world. Moreover, it is backing up a successful crypto startup Circle which is quickly gaining momentum.

The project has announced the launch of USD Coin, a stablecoin backed up by the US dollar. Thus, the price of USDC is going to be 1 USD.

According to the official blog post:

Exchanges where USDC will be listed for trading soon include DigiFinex, CoinEx, Poloniex, KuCoin, OKCoin, Coinplug and XDAEX.

Recently, stablecoins have become quite popular, for example, another tokenized US dollar, Tether, is also gaining popularity.

We remind you:

Almost 13 Million Tether Coins Were Transferred to Bitfinex

Subscribe to The Coin Shark news in Facebook: https://www.facebook.com/coinshark/

Cryptocurrency Prices Today, December 19: Crypto Is Showing A Long-Term Growth, Ethereum Has Overcome The $100 Mark

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, Dash, Monero: Cryptocurrency Prices

According to the online platform Coingecko, Bitcoin (BTC) added 7.7% in the past 24 hours. The price at the time of writing is $3719 per coin.


Cryptocurrencies are in a stable green zone:

Bitcoin Cash added 26.34% over the past 24 hours and costs $114 per coin;

Ripple increased by 9.85% and its cost is $0.37;

EOS grew by 21.76% and its price is $2.45;

Litecoin gained by 5.56% and its value is $30;

Cardano became more expensive by 9.31% and its cost is $0.035;

Stellar added 9.06% and costs $0.11;

IOTA flew up by 16.4% and its value is $0.24;

Dash grew by 10.15% and its price is $79;

Monero became more expensive by 11.13% and costs $48.

Over the past 24 hours, Ethereum has added 8.99%. The coin rate is $103, according to Coin 360.

The total market capitalization rose to $123 billion. Bitcoin’s share is 53.7% of the total. In monetary terms, it is $66 billion.

Subscribe to The Coin Shark news in Facebook: https://www.facebook.com/coinshark/

Kaspersky Lab’s Report: Cryptojacking Crimes Have Increased By 400% in 2018

Kaspersky Lab has published report that about 13 million cryptojacking crimes have been committed in 2018. This number is quite impressive, however, if we look at it from the annual statistics point of view, we can see that the amount of cases are up by 400% this year alone.

Cryptojacking is a term to describe malicious activity when a culprit generates cryptocurrency (transfer funds) without the owner’s knowledge using a compromised device. This kind of crypto crime is highly popular in the financial world.

The most common jacked cryptocurrency by cryptojackers is Monero (XMR). The virus or malware enters a user’s PC, usually it happens when the later watches online ads or solves captcha. Then the script creates chaos on a PC’s CPU power making the system run slowly.

Our editorship urges you to be careful in order not to fall into the hands of criminals. We want to remind you:

Kaspersky Detected a Crypto Exchange Hacker Attack Coming from North Korea

Subscribe to The Coin Shark news in Facebook: https://www.facebook.com/coinshark/

Coinbase Now Has a Crypto-to-Crypto Trading Option for Commerce Customers

The cryptocurrency exchange Coinbase has added a long-awaited feature to its system: its users can now buy and sell crypto for crypto directly. The innovation is called Coinbase Convert and is already available at the site Coinbase.com and both Android and iOS apps.

The trading pairs presented at Coinbase were selected based on the feedback of the exchange customers. This move will help the company to involve larger retail audience and engage it in digital trading.

According to the manager of the exchange Anna Clifton:

We’ll continue iterating on the product and expanding the functionality. An increasingly large number of customers will have this functionality available.”

We remind you:

Coinbase Will Again Offer Trading Pairs for Bitcoin Cash

Subscribe to The Coin Shark news in Facebook: https://www.facebook.com/coinshark/

Malta Is Going to Launch a Blockchain Bank

It seems like Malta will soon open a financial institutions that will provide services for blockchain and crypto-related businesses, which is going to big a big step towards the introduction of cryptocurrency in Europe, since the conventional banks rarely have crypto-friendly terms.

RnF Finance Limited, a Maltese firm, has already applied to the financial authority of the country in order to get a license to create a blockchain bank.

Its CEO, Roderick Psaila, mentioned the following details:

The Bank shall engage into four main business streams: Offer banking services to corporates; Lending; Private Banking and Wealth Management.

The newly-emerged bank will focus its investments on the blockchain technology and artificial intelligence.

We remind you:

Bank of America Has Officially Patented A System for Saving Crypto Actives for Significant Corporations

Subscribe to The Coin Shark news in Facebook: https://www.facebook.com/coinshark/

The Schoolboy Bitcoin Millionaire Believes that Bitcoin Is Pretty Much Dead

As it has been reported by the Marketwatch, Erik Finman, a teenager who became a millionaire back in the times when Bitcoin cost 20 thousand dollars, gave a very negative outlook for BTC in the future.

Bitcoin is dead, it’s too fragmented, there’s tons of infighting I just don’t think it will last. It may have a bull market or two left in it, but long-term, its dead,” said Finman.

As for Litecoin, here the teenager is sure that this coin “has been dead for a while”. He also mentioned those coins that, in his opinion, still have a chance at the market, such as Ethereum, ZCash and, surprisingly, Bitcoin Cash.

Although Eric is still very young and not that experienced, the fact that he owned 4 million dollars in BTC in 2011 make his predictions quite reasonable.

We remind you:

How Is a Schoolboy Millionaire Doing: A Story About the Youngest Bitcoin Richer

Subscribe to The Coin Shark news in Facebook: https://www.facebook.com/coinshark/

Cryptocurrency Prices Today, December 18: BTC and the Rest of Cryptocurrencies Are in the Green Zone

crypto prices

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, Dash, Monero: Cryptocurrency prices

According to the online platform Coingecko, Bitcoin (BTC) added 5.7% in the past 24 hours. The price at the time of writing is $3453 per coin.

The remaining cryptocurrencies are also in the green zone:

Bitcoin Cash added 6.69% over the past 24 hours and costs $86 per coin;

Ripple grew by 13.39% and costs $0.33;

EOS increased by 21.76%, and its price is $2.45;

Litecoin gained 4.28%, and its cost is $28;

Cardano added 9.69%, and its value is $0.031;

Stellar became more expensive by 10.69% and costs $0.10;

IOTA grew by 11.83%, and its cost is $0.24;

Dash gained 8.82%, and its price is $69;

Monero added 6.58% and costs $43.

Over the past 24 hours, Ethereum added 7.80%. The coin rate is $93, according to Coin 360.

The total market capitalization is $112 billion. Bitcoin accounts for 54.4% of the total volume. In monetary terms, it is $60 billion.

Subscribe to The Coin Shark news in Facebook: https://www.facebook.com/coinshark/