The Blockchain – powered Genaro Network (GNX) dropped $-0.000144413200000002 on …

It was bad day for Genaro Network (GNX), as it declined by $-0.000144413200000002 or -0.88%, touching $0.0161742784. International Cryptocoin …

It was bad day for Genaro Network (GNX), as it declined by $-0.000144413200000002 or -0.88%, touching $0.0161742784. International Cryptocoin Analysts believe that Genaro Network (GNX) is looking for the $0.01779170624 goal. According to 4 analysts could reach $0.032621022679705. The highest price was $0.0163547949 and lowest of $0.0157771421 for January 22-23. The open was $0.0163186916. It last traded at OKEX exchange.

For a month, Genaro Network (GNX) tokens went down -18.97% from $0.01996 for coin. For 100 days GNX is down -66.12% from $0.04774. It traded at $0.1717 200 days ago. Genaro Network (GNX) has 650.00M coins mined with the market cap $10.51 million. It has 675.00 million coins in circulation. It was founded on 28/09/2017. The Crypto GNX has proof type and operates under algorithm.

Genaro Network is an Ethereum-based storage network, providing blockchain developers a one-stop solution to deploy smart contracts and store data simultaneously.

One of the major components of the Hub is the Genaro Accelerator, a resident incubation and acceleration platform that supports the creation of the DAPPS that utilize the Genaro Network. It provides mentorship, technical expertise, marketing support, and community funding to allow the teams and projects to grow.

GNX is an ERC20 token that powers Genaro Network.

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ORS CryptoHound Uncovered $500 Million Worth of Hidden Ethereum

Having analyzed the one hundred biggest Ethereum transactions for the last quarter of 2018, ORS CryptoHound discovered some common patterns in …

LUGANO, Switzerland, January 23, 2019 /PRNewswire/ —

A fresh investigation by ORS CryptoHound, an AI-powered blockchain analytics and investigative tool, revealed highly unusual activity that took place on December 1, 2018.

(Logo: https://mma.prnewswire.com/media/812510/ORS_CryptoHound_Logo.jpg )

Having analyzed the one hundred biggest Ethereum transactions for the last quarter of 2018, ORS CryptoHound discovered some common patterns in the behavior of the six wealthiest wallets. Firstly, all of them transferred enormous amounts of ETH on the same day, with the total value corresponding to nearly half a billion dollars (according to the then exchange rate). Secondly, each of the addresses shared a similar portfolio breakdown: ranging from a 92% to 98% share of OMG tokens. Thirdly, the wallets appeared to have the same creation day and followed a similar pattern of cycling the holdings through multiple transactions. Eventually, the initial tokens ended up equally distributed between thirty-nine new wallets, each holding precisely 150,000 ETH.

The investigation team did not point directly at any specific person or organization that might have been behind the interrelated wallets, accounting for 5% of the total Ethereum supply. However, a hypothesis was drawn at the end of the research, suggesting that it is likely a crypto whale attempted to fake decentralization. The theory goes that this individual (although it could be an organization or fund) believed that they could separate the ETH and OMG holdings, thus protecting the integrity of the Ethereum brand.

“This investigation is one of the early case studies showing AI’s potential in blockchain and cryptocurrency analysis,” said Fabrizio Fontana, Chief Analyst of the ORS CryptoHound research team. “Our goal is to provide a free and easy-to-use platform for everyone who wants to collect as much data as possible about a specific blockchain address or transaction,” he added.

About:

ORS CryptoHound is an intuitive, multi-blockchain platform for analysing, investigating and reporting on BTC, ETH and ERC-20 tokens transactions with the help of Artificial Intelligence algorithms. Its functionality includes tracking the money flows for a specific address, visualizing the token portfolio, calculating the historic token values, generating bank-like statements and more. The end users include cryptocurrency traders, financial analysts and compliance professionals.

SOURCE ORS CryptoHound

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Ripple/XRP: “XRP is definitely coiling up”, says prominent trader and charting expert

“@PeterLBrandt do you have any insight into XRP (Ripple). … Peter Brandt is well-known for his prediction of the 2018 crash of cryptocurrencies and …

Source: @PeterLbrandt

“Coiling Up” is a technical term used to signify a market which has the potential to make a strong move in one direction after being pushed in the opposite direction or held flat. The idea is that if a market should be headed in one direction due to its fundamentals but has pressure in the opposite direction, it will eventually make a strong move in the course of the original fundamental direction.

Moreover, the coiled move will be more significant and substantial than the move if it would have continued in the normal direction without interference.

Brandt’s tweet doesn’t necessarily mean that the movement of price will move upwards, it could go either way. In addition to the technicals, Ripple is on a crusade with a slew of partnerships with various institutions around the world.

Ripple has over 200+ partnerships which are spread over 40 countries and each one of them is using Ripple’s blockchain solutions, be it xRapid, xCurrent, or xVia.

Brandt’s tweet faced a lot of commotion in the community as Brandt had said that “XRP will replace NO portion of global forex trading volume” in August 2017.

@CarpeNoctom replied to Brandt’s tweet saying:

“Almost every crypto chart looks like that

So I guess everything is worthless soon

Sorry not sorry”

Another Twitter user, @OSD728 commented:

“If the prices of xlm do go that low I will definitely buy more not saying I want it to but still that’s a good entry point”

Peter Brandt is well-known for his prediction of the 2018 crash of cryptocurrencies and for his accurate predictions when it comes to technical analysis or charting.


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AnChain.ai Raises $2M in Seed Funding

Smart Contract Auditing Platform (CAP), a containerized cloud SaaS, offering automated Solidity smart contract online auditing and top-tier expert …

anchainAnChain.ai, a Mountain View, California-based AI-powered blockchain security company, raised $2m in seed funding.

The round was led by Amino Capital, with participation from CRCM, Susquehanna Investment Group and Brain Robotics. In conjunction with the funding, Huican Zhu, managing partner of Amino Capital, joined AnChain.ai’s board. Howie Xu and Chris McCann from Greylock Partners joined AnChain’ai’s advisory board.

The company intends to use the funds to continue to expand operations.

Led by Victor Fang, CEO, and and Ben Wu, COO, AnChain.ai is an AI power blockchain security company, offering two flagship products:

– Situational Awareness Platform (SAP), which proactively protects smart contract assets like ETH, ERC20, BTC, etc. It provides Situational Awareness, Threat Intel, Knowledge Graph to secure blockchain transactions for DApps and Exchanges.

– Smart Contract Auditing Platform (CAP), a containerized cloud SaaS, offering automated Solidity smart contract online auditing and top-tier expert auditing service.

FinSMEs

23/01/2019

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All Systems Go For Zilliqa’s (ZIL) Mainnet Launch on the 31st of January

… team also highlighted the fact that the Mainnet launch marks one year since the initial token generation event (TGE) of ZIL on the Ethereum network.

The team at Zilliqa gave the crypto community their 26th update on the progress of the ZIL network just yesterday, the 22nd of January. This particular project update was unique in that it was the last one before the launch of the Mainnet that has been scheduled for the 31st of January this year. The announcement by the Zilliqa team also highlighted the fact that the Mainnet launch marks one year since the initial token generation event (TGE) of ZIL on the Ethereum network.

This project update…is the last project update before the launch of the Zilliqa mainnet on January 31, it marks the one-year anniversary of our token generation event (TGE), and it — most importantly for us — represents an entire year’s worth of work and bi-weekly updates from the Zilliqa team.

We’d like to thank everyone for taking the time to read about what we are building and we will make sure to continue the tradition moving forward.

The first ZIL tokens went live on Huobi on January 25th, 2018.

All Systems Go for the Mainnet Launch on the 31st of This Month

The previous project update by the team at Zilliqa notified the crypto and investor communities of the finishing touches being done towards creating the final end product that is the ZIL Mainnet. All aspects of the platform have been tested and retested on the third version of the Testnet, code-named Mao Shan Wang. The team at Zilliqa has had a tradition of naming the Testnets after the Durian family of fruits. Version 1 was code-named Red Prawn and Version 2 was code-named D24

The unofficial roadmap leading up to the Mainnet launch is as follows:

  • Bootstrapping the mainnet to mitigate against attacks when hashpower is low
  • Testing of mining rewards and sharding

There will be a Token swap window of several months after the Mainnet is launched. More on this will be released by the team after the 31st of Janaury.

Current Market Performance of ZIL

Checking coinmarketcap.com, we find that ZIL is currently valued at $0.022 and down less than a percentage point in the last 24 hours. With the mainnet only one week away, it will be worth observing the market reaction of the ZIL token due to the pending event.

Late last year, Coinbase listed ZIL alongside other ERC20 tokens as the exchange plans to expand its selection of digital assets for its customers. There was also speculation that facebook was building on the Zilliqa network. However, this was debunked almost immediately by the team.

Many crypto enthusiasts believe that the Zilliqa mainnet will be a game changer to the level of causing a few shock-waves in the blockchain industry.

What are your thoughts about the Zilliqa Mainnet launch? Does it pose a threat to other blockchain projects such as Tron and Ethereum? Please let us know in the comment section below.

Disclaimer: This article is not meant to give financial advice. Any additional opinion herein is purely the author’s and does not represent the opinion of Ethereum World News or any of its other writers. Please carry out your own research before investing in any of the numerous cryptocurrencies available. Thank you.