Cardano {ADA} publishes weekly technical report; looks to embrace a brighter dawn

What will take to beat #ETH as the dominant smart contract platform? A significant boost in #TPS w/o compromise in security or decentralization.

Cardano is ranked at #11 in the market above Stellar Lumens and UNUS SED LEO. The trading volume recorded stands at $41.933 million, while the supply has 25,927,070,539 ADA coins in play for now. Currently, the total market cap of Cardano is $1.172 billion. ADA is priced at $0.045209 at present, with a plunge rate of 0.10% noted in the course of the past 24-hours.

A couple of V2 API endpoints were integrated with the wallet as developers keep working on it diligently. Daedalus will soon have newer features. The Cardano Explorer UI will be implemented shortly. Other highlights of this week [as mentioned in the report] include Backend Optimization, Networking, and so on.

Resistance may be felt at $0.0527 if the altcoin manages to soar within the next couple of days. Data from the ADA/USD candlestick chart on tradingview points to sellers and buyers fighting against each other to ensure one group controls the pace of the coin. Support can be found close to the $0.0431 level.

Although the MACD line has stayed to the north of the signal line for the majority of August and September, the performance could improve. The final peak of the Awesome Oscillator bears the brown shade, but the one dedicated to yesterday is green.

Progress for staking in @YoroiWallet is looking good! Have a quick peak of the work in progress 🙃 @emurgo_io@seiza_explorerpic.twitter.com/LLdKU79hWg

— Nico Arqueros (@NicoArqueros) September 13, 2019

After 2 weeks, the entire community will rejoice as the 2nd Year Anniversary transpires. Few have shot clips with regards to their incredible journey and may be featured on the Cardano ADA Anniversary video. The deadline for the aforementioned contest was 13th September.

Software Engineers, Product Managers, and Developers can apply at https://iohk.io/careers/ if they are inquisitive overachievers.

What will take to beat #ETH as the dominant smart contract platform? A significant boost in #TPS w/o compromise in security or decentralization. Higher speeds come at the cost of either decentralization (#EOS) or security (#Holochain). #ADA, #FTM or #ALGO could be the answer.

— Weiss Crypto Ratings (@WeissCrypto) September 4, 2019

About Post Author

Aditya Chatterjee

A specialist in comics and cryptocurrencies with an inclination towards DASH and Cardano. I have an innate desire to be a seasoned trader in the near future. Analyzing candlestick charts is a personal hobby.

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CMA (Crypto Mass Adoption) – Lumi Wallet Collab: Making Crypto Simple

The informational and educational platform on cryptocurrencies, CMA (former CoinMarketApp), and anonymous multi-currency Lumi Wallet announce …

The informational and educational platform on cryptocurrencies, CMA (former CoinMarketApp), and anonymous multi-currency Lumi Wallet announce a partnership based on the same goals – making crypto as simple and accessible as possible.

Common Grounds

What unites these two projects is that they are both more than just a tool of one function. Lumi Wallet is not just a multicurrency wallet, but a whole ecosystem for integrated features of different blockchains. With a built-in browser, price graphs, and exchange, Lumi covers most of the everyday needs of an average crypto user in one app. Lumi supports a wide variety of coins, including BTC, ETH, EOS, and is soon to become open-source.

“Our users are offered a new experience, more complete. Wallets are essentials for interacting with blockchains and Lumi Wallet will be part of the first apps that we will release on our app platform. This collaboration will accelerate adoption for the whole community, as such we are looking forward to more opportunities, that this collaboration will generate.”

Karim, CEO of XDLT

CMA which is now owned by XDLT, is an information platform that contains comprehensive data on cryptocurrencies and has a rich App platform to explore data on the current state of affairs in crypto. CMA gets information on the markets directly from CoinMarketCap, and on ICOs from ICOWatchlist.com, the blockchains raw data and business analysis studio is accessible with SQL and is powered by XDLT. CMA is ready to launch a new inclusive platform where the community can deploy their favorite blockchain project applications and is revamping the “crypto knowledge center” to open a whole new dimension of functionality for users to explore the world of blockchain and cryptocurrencies and help their favorites blockchain projects get adopted.

Both projects have web versions and apps for IOS and Android but most importantly, they share the same vision of how products for cryptocurrencies users should function. As Diana Furman, the CEO of Lumi Wallet states:

“To make informed assumptions about the market, investors need platforms that assess and share factual information in an understandable way. This is CMA. To make informed decisions, users need flawlessly working instruments with nice UI. And that’s Lumi. We both strive to simultaneously educate new users and give a seamless experience to old-timers, so the partnership had been written in the stars”

Diana Furman, CEO of Lumi Wallet

Fruits of collaboration

Lumi Wallet and CMA have come together because of the same values and view of the market: to make cryptocurrencies useful and friendly to crypto-enthusiasts and newcomers alike, your product has to reflect those qualities itself.

Therefore, both apps are going to support each other’s endeavors in the informational and educational fields. So make sure to keep up with media announcements!

Useful links

CMA – Download (Android, iOS), Follow (FB, TW, INSTA)

Lumi Wallet – Download (Android, iOS), Follow (FB, TW)

I’ve been traveling abroad for 2 years — here are 5 critical apps I use to stay on top of my budget …

In addition to seeing your expenses in your home country’s currency, you can also see your expenses in the local currency, which is helpful. Plus …

woman no moneyNaparat / Shutterstock

  • When living and traveling abroad, it’s crucial to use budgeting apps to make sure you don’t overspend.
  • From tracking how much I spend on food and entertainment to helping me keep track of various foreign currencies, money apps like Trail Wallet and PayPal are a constant travel companion of mine.
  • Visit Business Insider’s homepage for more stories.

I’ve lived abroad for more than two years now, and one key way I’ve managed to do it successfully is by managing my budget.

Although the word “budget” doesn’t necessarily conjure up excitement, it’s a necessary element of any successful trip. Budgeting and finance apps definitely make keeping track of your money easier, and — dare I say — fun. As a freelance writer, my monthly income varies, which makes using these apps even more crucial.

Read more:I’ve been living and traveling in Europe for 2 years — here are 9 things that are cheaper abroad than in the US

From seeing what categories I overspend in — such as food or entertainment — to monitoring my credit score, each app helps me track my finances in a different way.

During my time abroad, I’ve tested out various money apps. Here are five of the most critical ones I use to stay on top of my budget while traveling.

Trail Wallet

Shutterstock/progressman

Trail Wallet is an app that allows you to track your spending per trip or per month. Aside from monitoring where your money is going in various categories, from accommodation to transportation to food, you can also set a daily budget, which is my favorite perk about the app. And you can easily go from checking what you’ve spent so far to how much money you have left to spend.

In addition to seeing your expenses in your home country’s currency, you can also see your expenses in the local currency, which is helpful. Plus, when you’re online, you can see the latest exchange rate, too.

And, before you lose your receipts from the day, you can just take pictures of them and add them to the app. (I can’t be the only one who’s prone to losing receipts right after I get them.)

The only downside? Currently, Trail Wallet is only available on iOS.

Mint

Mint

If you’re not an iPhone person, Mint is a good alternative to Trail Wallet. I already had it installed when leaving the US, so I was used to the way I worked.

Highlights of the app include how it links to your various bank accounts, as well as credit cards and investments. And the color-coded pie chart makes it simple to see how much money you spend in various categories, such as “shopping” and “bills.”

You can set budget amounts for these categories, too, and if you overspend, the app will alert you — which will naturally encourage you to not do so again, or to reduce spending in another category, like food and dining.

Mint will also update you on your credit score, which is motivating when it comes to how you spend money.

Although Mint does not convert to other currencies — it only shows monetary amounts in US and Canadian dollars — this does not bother me since I can just use a currency converter if need be.

Mint is available on iOS and Android.

XE

Bronek Kaminski/Getty Images

Whether you switch countries as often as I do — every one to three months — or not, the XE currency converter app makes it easy to look up exactly how much you’re spending.

Even though you may have certain countries’ conversions memorized — these days, one euro is equivalent to a few cents more than a US dollar and four zloty in Poland are equivalent to one US dollar — having an app quickly do your money conversions for you definitely helps and will prevent you from accidentally overspending.

You can also see up to 10 currencies at once — such as dollars, euros, and British pounds. The app also allows you to transfer money internationally, which is another bonus.

The XE app is available on both iOS and Android.

See the rest of the story at Business Insider

See Also:

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Four Out of Five Top Bitcoin QR Code Generators are Scams: Report

Cryptocurrency wallet ZenGo wrote the findings in a blog post published on Aug. 29. Reportedly, when researching prior to implementing QR Code …

Four out of the first five results presented when querying Google for a “bitcoin qr generator” lead to scam websites.

The findings

Cryptocurrency wallet ZenGo wrote the findings in a blog post published on Aug. 29. Reportedly, when researching prior to implementing QR Code support in their wallet, ZenGo learned of the prevalence of scam QR Code generators. The company explains how the alleged scam works:

“These sites generate a QR code that encodes an address controlled by the scammers, instead of the one requested by the user, thus directing all payments for this QR code to the scammers.”

QR codes are a way to share data (in this case public keys) in a visual way that can be scanned with devices featuring a camera — usually a smartphone. Such codes are believed by many to be the most convenient way to share a wallet address when in-person — in retail transactions, for example — since it avoids the need to type long strings of seemingly random characters.

Successful scams

During their investigation, ZenGo researchers found out that some of those scams have gone as far as also changing the addresses contained in the clipboard to the scam address. Some, on the other hand, personalized the scam address to be of a similar format to the one provided by the user. Lastly, the company notes that those scams are also successful:

“Summing up the balances of the scammy addresses we had observed, we found out about scams worth about $20K. We assume they are just the tip of the iceberg, as scammers probably change their addresses to avoid detection and blacklisting.”

As Cointelegraph reported in July, the South Korean Justice Ministry estimates that cryptocurrency-related crimes have caused 2.69 trillion won (about $2.28 billion) of financial damage between July 2017 and June 2019.

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Apple ‘watching cryptocurrency’, considering Apple Pay tipping features

Now, Apple Pay vice president Jennifer Bailey has hinted that Apple is also keeping a close eye on cryptocurrency, while also looking at ways to …

Apple has taken its push into consumer finance up a notch recently with Apple Card and the continued expansion of Apple Pay. Now, Apple Pay vice president Jennifer Bailey has hinted that Apple is also keeping a close eye on cryptocurrency, while also looking at ways to improve Apple Pay.

Ecobee HomeKit Thermostat

At a private event in San Francisco this week, Bailey explained to CNN that cryptocurrency is something that Apple is “watching” and that the company believes it has long-term potential:

“We’re watching cryptocurrency,” Jennifer Bailey, vice president of Apple Pay, recently told CNN’s Chief Business Correspondent Christine Romans at a private event in San Francisco. “We think it’s interesting. We think it has interesting long-term potential.”

This is the first time Bailey has acknowledged Apple’s interest in cryptocurrency, though it’s unclear what the company’s intentions might be. Square has added support for trading cryptocurrency to its iOS app, and theoretically, similar functionality could be added to the Wallet app on iOS. Whether or not that’s something Apple has planned remains to be seen.

Elsewhere, Bailey noted that adoption of contactless payments has been slower in the United States than in Europe, but that Apple is seeing improvements:

“When you go to Europe, they bring you a wireless terminal. You can tap to pay,” she said. “We see that happening in the US too, but it’s still taking some time.” Bailey also noted that it can be costly for businesses like gas stations to adopt new systems.

Also in terms of adoption, Bailey said that Apple battles consumer perception that paying with a physical card is more secure than Apple Pay:

Apple must also grapple with what Bailey calls a “misperception” among some consumers that “paying with your physical card is more secure than actually paying with your mobile phone.” The truth, she adds, “is completely the opposite.” But Bailey admits “a lot of education” is still needed to help consumers understand that point.

One thing Bailey acknowledged is that tipping is sometimes made harder with Apple Pay, due in large part to the lack of support on certain point-of-sale terminals. “One of the key areas where customers would like us to do more is actually in tipping,” Bailey said.

There are numerous ways Apple could change how tipping works, including incorporating features into Apple Cash and Apple Card.

Last but not least, Bailey addressed concerns about the Apple Card’s durability and Apple’s recent support document outlining how to keep Apple Card in good shape. “We want it always to look perfect and unblemished,” Bailey said.

What do you think of Bailey’s comments? Would you be interested in seeing Apple Pay adopt new tipping and cryptocurrency features? Let us know down in the comments.

Withings smart scale


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