Ethereum Receives New Wallet Release: Integration With Coinbase Buy Widget

The foundation, led by Vitalik Buterin –the inventor of the decentralised protocol– has been working non-stop to advance forward with the project’s ambitious roadmap.


Coinbase Buy Widget Makes Its Way into Ethereum

The main new feature of this Ethereum Wallet release is the inclusion of the Coinbase Buy Widget (a quick FIAT gateway that allows the instant purchasing of up to $5 worth in cryptocurrency ). The Coinbase buy widget has been making its way into several services and apps, like Decentral’s multi-wallet Jaxx.

For now, the offer is limited to United States residents, and the widget requires the creation of a Coinbase account for first-time clients, Alex Van de Sande, lead designer for the Ethereum foundation, said:

As Coinbase adds more markets, they will be added to the wallet, and we are looking into how we can use their bank transfers integration to allow unlimited daily amounts. We are not getting any fees or compensation for this (unlike our ShapeShift affiliate program which sends about 0.25-0.4% to the Ethereum Tip Jar) but we are very excited to see another adoption barrier being taken down. We thank the Coinbase team for their help making this a reality.

Another major update on the wallet software is the inclusion of an experimental replay prevention feature, to avoid collisions with Ethereum’s Classic blockchain. The wallet now warns users about the dangers of having their transactions replayed on “similar ethereum chains”, as peers and transactions signed in one network leak into others.

The new feature allows users to either prevent the replay-prone transactions to happen, or to “use that transaction to send the same amount to a different contract, like a newly created account or an exchange.” Alex Van de Sande warns users, as these features are experimental and should be tested with small amounts.

Download links for all the supported platforms can be found on the official channels. Paranoid users will want to compare the binaries checksums to make sure they are downloading tamper-proof software.

Image via: Ethereum Foundation

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The new Blockchain-as-a-service platform, Stratis, will launch tomorrow 14 days after of the Initial Coin Offering period.

The project gathered 915 Bitcoin (around $60k worth at the end of the ICO period) in exchange for 84 million STRAT tokens (85.7% of the 98 million total supply) making each token worth 1089 Satoshi or $0.01.

These tokens will allow corporations to create their own custom blockchains in a way that best fits their business model and size, within the Stratis Platform. Companies can now set every aspect of their private or public blockchains from algorithm to anonymity and issuance rate.

Not only will they have complete control over this one-click design process, but they will also have access to the expert advice provided by the London-based Stratis consultancy agency that will accompany and help businesses find the blockchain specs and features that best suit them.

Corporations can also use Stratis as a way to test their dapps or smart contracts in a “testnet” environment and to tweak already existing blockchains to their liking. Users can combine features from multiple blockchains or mimic them completely in a private setting.

Stratis will even be ready for fiat gateway integration in case the client’s business model requires it. Stratis sidechains can also be accessed via liteclient wallets or even APIs that, along with its Proof of Stake (PoS) system, allow any company to access the Stratis services, without the need for heavy hardware requirements.

Stratis developments will also be put to use in the Bitcoin ecosystem by further developing the C# .net Bitcoin library, NBitcoin and by making contributions to the Sidechain Elements Project, developed by Blockstream.

No exchanges have been officially confirmed, but they will be able to add Stratis once the code is officially released tomorrow, on the 9th of August. Stratis tokens are expected to be on the market soon.

DECENT, a blockchain-based content distribution platform, announced the date of the DECENT token (DCT) sale: on September 10, investors will be able to purchase a stake in the novel blockchain-based platform.

According to the official website, DCT will be used in the publishing and buying process on DECENT Platform.

[this] allows individuals or organizations to buy, sell & share genuine digital content without any third party influence or restrictions. It also serves as an anti-spam protection and reward for seeders/miners (or publishers in DECENT terminology).

The team behind DECENT aims to create an independent publishing platform for everybody around the world, using blockchain technology to ensure trusted, secure and transparent transactions.

DECENT Crowdsale Allocation

The crowdsale will allocate a significant amount of resources to development and operations; a breaking down of this distribution can be found in the chart below:

DECENT Founder Visits China

DECENT has managed to acquire important partners in China. DECENT’s founder, Matej Michalko, has been attending and speaking at several conferences in the country. Michalko had the chance to talk about the DECENT distribution network at BTCKan’s event in Shangai.

Crossing the Chasm of Blockchain Technologies is the name of the presentation that Michalko gave in an event held on last Sunday. The presentation featured the introduction of DECENT-Stream, a “fully decentralized P2P video streaming service.”

The team behind DECENT has established a number of partners, including NewsBTC and its Chinese franchise, as well as Chinese crypto news giants HxTop and Wanbizu. Talks with related consumer electronics companies (such as for eReaders) will soon be underway.

DECENT Partners

The project leaders also recently unveiled a Development Plan & Roadmap. The team intends to build an ambitious platform:

We plan to release multiple applications on top of the protocol which will build the initial infrastructure. To help the growth of DECENT Network, we also plan to offer protocol implementation support for app developers. Last but not least, we have a plan to build a hardware solution, plug & play smart TVs, that will run on DECENT Network.

The full roadmap can be found in this link. The number of features to be implemented will depend upon the amount of money collected in the crowdsale, but the team is committed to delivering a working platform no matter what. The project has an official BitcoinTalk thread, Slack channel, and Telegram group.

Colbitex, Colombia’s first Bitcoin exchange launched its platform in testnet mode on June 3, 2016. The service was working without any incidents for the past month, and on July 25 the exchange entered a beta phase, where real transactions took place.

Colbitex’s Run Lasted 8 Days

The service operated normally for the space of 8 days, with an average daily volume of 1.44 BTC. However, on August 2, the company announced the discontinuation of the website:

Dear customers, we are currently reviewing some of our processes and regulatory framework, with the hopes of continuing to provide a legally viable service. We will release further information in the next days. We implore our customers to contact our support department to process all withdrawals.

Colbitex was offering Bitcoin exchange services with local currency (The Colombian Peso COP). The suspension comes a week after Colbitex entered formal operations and it’s a major setback for the local Bitcoin ecosystem. The regulatory revision will establish a legal precedent in the government’s stance on cryptocurrencies.

Legal Status of Bitcoin in Colombia

The legal status of Bitcoin and other cryptocurrencies in Colombia isn’t properly defined. Virtual currencies (including crypto) are not recognized as legal money nor they are prohibited.

The Superintendencia Financiera de Colombia (SFC) is the Colombian government agency responsible for overseeing the financial regulation and market systems. On March 27, 2014, the SFC released a memo alerting about the dangers of using Bitcoin, the declarations express concern about the lack of regulatory framework in the crypto space.

Bitcoin is non-backed asset, it has not been recognized as a legal currency in Colombia. None of the exchanges or transactional services related to Bitcoin are properly regulated by Colombian laws.

The Chamber of Digital commerce, a trade association comprised of industry leading companies representing the digital assets and blockchain sector, unveiled a new initiative called Smart Contract Alliance (SCA). 

The project aims to promote real world applications of this new “vital technology”, as the press release says:

Smart contracts have the potential to deliver greater efficiency, transparency and automation across industries. The SCA’s mandate is to educate and enhance the understanding and adoption of smart contracts, provide a forum to develop industry standards and help shape a pro-growth policy framework.

Another objective of this new Smart Contract Alliance is to promote the education and to improve the current understanding of smart contract technology; thus accelerating its adoption in the real world.

The Smart Contract Alliance Will Have A Technology and Legal Chair

The press release indicates that  Mark Smith, CEO of Symbiont will lead the technology working group dedicated to exploring and promote Smart Contract applications. Mark Smith stated:

“As a pioneer of smart contract technology, Symbiont’s end goal has always been realworld implementation. This initiative will be key in bridging the gap between concept and reality, and making smart contracts accessible across the board.

Sean Murphy, a partner at Norton Rose Fullbright, will lead the legal department. About this new initiative, Murphy said:

With real-world applications of any major advance in technology like smart contracts, regulation and policy play a pivotal role.

Smart Contract Alliance Members
The Smart Contract Alliance is sponsored by major players in the industry.

 The Smart Contract Alliance will seek to educate companies and politicians alike about the benefits of this technology.

The SCA will be formed by a wide variety of companies, including: Symbiont, Norton Rose Fulbright, Bitfinex, Blake, Cassles & Graydon, Bloq, Cognizant, ConsenSys, Deloitte, The Depository Trust & Clearing Corporation, Eris Industries, Georgetown University’s Center for Financial Markets and Policy, Gem, IBM, Microsoft, Perkins Coie, Ley Pillsbury, String Labs, Tether, y Wipfli.

Source: Digital Chamber of Commerce.
Image via Pexels.


Trezor was one of the first hardware wallets and is also one of the most secure. The wallet was designed for storing large amounts of bitcoin securely, and therefore it is not meant for daily usage. Keeping that in mind, let’s take a look at the Trezor.

Trezor Hardware Wallet

The wallet features a strongly-built exterior, about as large as a USB drive. Trezor is powered by the micro-USB port on the bottom and is powered by a relatively weak Cortex ARM chip. Keeping in mind that a hardware wallet isn’t exactly the most resource-consuming thing a CPU needs to do, it’s perfect for the device.

The device itself is truly secure; it uses entropy to generate a random seed and needs a plugin to access it. The plugin requires you to enter a PIN number displayed only on the Trezor to log into the device. The PIN changes each time the device is used.

This means that a hacker could only get into the wallet if they had taken the physical wallet, which is difficult to do. The wallet will require you to write down a 24-word seed that you should write down; it is the only way to recover the wallet in case someone steals it.

Like a traditional hardware wallet, it requires you to confirm each transaction via clicking a button on the Trezor, and the wallet can only be accessed on the web wallet provided via the plugin. Note that it requires you to log in each time. While not incredibly time-consuming, it does take a fair bit of time to send transactions; security is what they aim for here.


  • Well-Built
  • Very Secure


  • Not meant for daily usage
  • Requires USB to be used

Overall, the Trezor is a very secure hardware wallet that does what it’s supposed to do if you need a long-term storage solution for your Bitcoin.

Ledger Nano

The Ledger Nano is a very convenient hardware wallet using relatively safe methods of transfer. While not the most secure, the cost of the Ledger is especially cheap and reliable; it uses EEPROM memory that is usually found in electronics requiring small amounts of data to be stored, with lots of that data being erased and reprogrammed.

Ledger nano plug large
Ledger Nano Hardware Wallet

The device needs to be set up on a completely secure computer. If you ever need to recover the wallet, the recovery code sheet features a QR that can be used to create another copy of the 2FA card they included with your Ledger. The 2FA card keeps costs down greatly, as it provides secure access with very low costs.

To set up the wallet, you’ll need to install a Chrome addon, just like the Trezor. The seed should not be put onto your computer or anybody else’s computer, it should be written down as it is the only way you can restore the wallet in the event of loss or hardware failure.

You will need the card for doing nearly anything on the Ledger- the wallet will give you a task to complete, and you’ll need the card to do so. Just like any other wallet you’d use, the interface is nearly identical, except for the part where you need to complete the validation process. None of this should take very long.


  • Reliable Build
  • High Quality
  • Cheap
  • Can be used for daily use


  • Needs a secure computer to start
  • Needs Chrome browser to use

While no wallet is safe in the Bitcoin world, hardware wallets provide security and reliability that will help keep hackers at bay. The web wallet and paper wallet is simply not a good choice for storing large amounts of Bitcoin, and hardware wallets help store them.

While they offer great security, hardware wallets are not meant for daily use and it will be very inconvenient to do so. We recommend storing small amounts of Bitcoin on a ‘Hot Wallet’ that can be easily accessed- Blockchain, or any other light wallet, and keeping the majority of your bitcoin on a secure paper or hardware wallet for security. That’s all of today, we hope we’ve helped you pick a reliable Bitcoin hardware wallet!

Images via: Pexels, Trezor, Ledger

The much anticipated Halving (Reduction in half of the reward given to bitcoin miners) and the Brexit (the exit of the UK from the European Union) are two important events that happened in the middle of this year.

Both events brought a lot of speculations, and if we take a look at the behavior of both currencies after these two events, we will note that after the Halving and the Brexit Bitcoin remained stable. On the other hand, the pound sterling has been experiencing high levels of volatility, right after the Brexit.

Pound Sterling British
On July 6, Pound Sterling became more volatile than Bitcoin. Source: Bloomberg

The reporter and financial analyst Yacob Peterseil said:

While bitcoin is not exactly regarded as stable — it’s bounced around between $2 and $1,137 over the past five years — it’s become an unlikely haven for currency investors in the aftermath of Brexit.

The aftermath of the Brexit caused stocks and bonds to fall. News agency Reuters reported that the markets lost more than $2 trillion in valuation. However, stocks have substantially recovered since then. Ian Williams, a strategist analyst at advisory firm Peel Hunt, said:

The attitude of US investors appears to [be] skepticism that the UK will ever leave the EU and if it does, that the global fallout can be largely contained.

Volatility Ahead?

The cryptocurrency is also seen as a haven by holders of declining FIAT currencies like the Venezuelan Bolivar. The South American country is experiencing the worst economic crisis in its history, and the inflation rate is nearing 30% per month.

Bitcoin Price

Since June 16 the Bitcoin price has been fluctuating inside a triangle, and technical analyst has been warning that the pressure is building up.

The next price movement is expected to be a large one. Yesterday Bitcoin experienced a positive breakout. However, the volume hasn’t followed up, and a pullback is now introducing even more uncertainty about the trend’s direction.

Image via: Pexels

The Halving just happened, We’re all still alive, and so is Bitcoin! The first 12.5 BTC block was mined by F2Pool (the largest mining operation in the world) at 17:46 (GMT). Bitcoin price and hashrate seem to be stable after a 5% price drop just half an hour before the Halving.

Bitcoin Price Halving

The speculation is over and any dramatic changes regarding the value of Bitcoin will probably happen within the coming months if they occur at all.
Bitcoin saw some volatility in the last few months, which was overall positive considering BTC rose from $420 to $630 in a period of 3 months, reaching the $789.78 (Data via Bitfinex) mark on the 16th of June.

So what does the future hold for the 12,5 block reward Bitcoin? Some worry the block reward reduction will cause a big portion of miners to abandon the industry, thus slowing the Bitcoin blockchain, which would in turn cause the price to drop and drive even more miners out of the business, in a downward avalanche that could end Bitcoin (a Death Spiral).

This would be the worst case scenario for Bitcoin, which is unlikely to happen to the first cryptocurrency with a market capitalization of $10.07 billion.

Innovation and development of mining hardware like the new Antminer S9 or the S7.

Many believe that new ASICs should balance the supply and demand scale, allowing the Bitcoin blockchain to remain healthy shaking the Death Spiral predictions the ground.

The new Antminer S9 has 14.5 TH/s hashing power. Supply is limited, however, and we should still see some volatility in the coming months, affecting all users and bitcoin-related companies.

Vlad Cealicu, CTO and co-founder of CryptoCompare said:

With the halving out of the way, we are expecting a lot of volatility in the Bitcoin price in the following week. Another interesting area to watch is bitcoin mining contracts and how the operators will cope with the reduced block reward.

One thing is sure, the halving already happened and nothing broke. We still don’t know who Satoshi Nakamoto is, but whoever he, she or they might be, they can rejoice in the fact that Bitcoin survived another halving and continues to prove itself over again.


Three weeks ago, NXT announced Ardor, a child chain platform built for anyone. This Blockchain-as-a-service platform will allow users to create their own sidechain’s, while still being able to communicate with the main NXT blockchain.

This will allow regular users to benefit from lower storage requirements while still being able to interact with other sidechains and the main NXT 2.0 blockchain, bringing along features like asset-to-asset exchange (a long requested featured in the NXT platform and cross chain asset trading.

The announcement seems to have been well received by the crypto community as NXT experienced a 157% rise in value since the day of the announcement.

NXT Price

This increase in value was bound to happen, considering that the only way to get Ardor is through NXT balance. This effect can also be observed in Ethereum that shot up a few days after the creation period for The DAO started.

But unlike an ICO or a creation period, The NXT foundation will distribute the Ardor tokens throughout users depending on their NXT balance at a ratio of 1 Ardor token for 1 NXT, meaning that users will get to keep both NXT and Ardor tokens.

This will be achieved through a snapshot campaign that will run from July 14th to October 12th. During this period, daily snapshots of the NXT balances in the user’s wallets will be taken hourly,  and will then be averaged and the Ardor tokens will be uniformly distributed across users.

Exchanges On Board with NXT

Major exchanges Poloniex, BTC38, and Bittrex have also agreed to participate snapshot and distribution process being the Ardor creation, allowing users who don’t have an NXT wallet to still benefit from this campaign, and opening the doors for simple fiat currency investments and allowing users to safely trade NXT without the fear of missing out on Ardor. Other exchanges may also follow suit by setting up the Ardor snapshotting system for their customers.

The Ardor platform will not be available at the end of the distribution process in October, but tokens can be exchanged freely until its release during the third quarter of 2017.

 Bas Wisselink, Director, Nxt Foundation said:

This is a really exciting time for Nxt users and people who wouldn’t normally engage with the cryptocurrency world. Many of the concerns our users had with regard to scalability and the ability to customize individual chains using the central Blockchain have been addressed with the design of Ardor. The introduction of Fiat currency exchange will enable retail investors and people beyond the Fintech and investment world to access the benefits of a decentralized asset exchange in these uncertain times.

Users who simply want to hold NXT until the distribution period can do so while forging more NXT. Considering that the cryptocurrency has a Proof of Stake consensus algorithm, users can earn rewards from transaction fees proportional to their NXT balance while contributing to the NXT blockchain and ecosystem as a whole.


Te team behind the development of Litecoin, the first alternative cryptocurrency announced the latest roadmap concerning the improvement of the blockchain solution created by Charles Lee. Litecoin is well known for its similarity with Bitcoin.

Litecoin was first created in 2011, since then the market capitalization has grown –totalling more than $200 million–. Litecoin is a ‘fork’ of the Bitcoin original source code, however, the first alternative cryptocurrency adopted a few changes from its ancestor:

  • The block time was reduced 2.5 minutes per block.
  • The total amount of Litecoins in circulation will eventually reach 84 million (instead of the 21 million Bitcoins to ever exist).
  • The Proof-of-Work algorithm, Scrypt, which is ‘memory intensive’ (it has some level of resistance against ASICs).

Litecoin is especially popular in China, where it’s seen as a Bitcoin-correlated asset.

Litecoin Roadmap

The Litecoin Association is a non-profit organization registered in the State of Texas, USA.

Organised by passionate volunteers the Litecoin Association brings together the expertise of technologists, activists, and business people and works to improve the Litecoin experience for entrepreneurs, investors, consumers and the general public alike.

The association has worked alongside the Litecoin core development team to bring a roadmap, the goal is to boost its adoption and to release new features. The document detailing the association’s new announcements can be found here. In short, the Litecoin Association has decided to bring a new member to its board of directors.

Franklyn Richards will be joining the association’s ranks. According to the roadmap document, Richards has been involved with Litecoin since 2013 managing the association’s youtube channel and social media. Additionally, Richards has directed projects including and LoafWallet.

In the more technical side of things, Litecoin will see a new client release. This feature-rich update will bring several protocol upgrades, they are too many to enumerate, but the mosts important are Segregated Witness adoption, HD wallet, small optimizations in memory management, faster transaction validations, Tor protocol support, and much more.

Litecoin will also future-proof its implementation, the team will include upgrades that will enable Litecoin to support the Lightning Network, Compact Blocks, and a smart-contract solution.

Source: Litecoin Association

Image via Litecoin Branding Guide