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Telegram plans to begin a public test of its blockchain on September 1

Telegram-plans-to-begin-a-public-test Telegram plans to begin a public test of its blockchain on September 1

According to one of the project's investors, on September 1, Telegram plans to begin a public test of its blockchain - TON (Telegram open network).

During the public test, the TON network node code and instructions for installing it should appear in the public domain. Sharding (the process of breaking transactions into separate pieces to ensure scaling) and consensus (a mechanism for confirming new blocks in the blockchain) should also be available, which will allow testing the entire blockchain.

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Nigel Green: Bitcoin’s new normal bottom price of $10,000

Nigel-Green-Bitcoins-new-bottom-price Nigel Green | Founder and CEO of deVere Group

The founder and CEO of the consulting company deVere Group, Nigel Green, believes that the new "bottom" for Bitcoin is now at around $ 10,000.

"Looking at its performance this year, I believe that the new normal bottom price for Bitcoin is $10,000. It bounces at this price. If it fluctuates below this level, it shoots back up again. We have seen this in action on Monday when Bitcoin hit $10,500 in a matter of minutes," Green said.

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Marcus Swanepoel: Bitcoin is bought for investment, not for payments

Marcus-Swanepoel-Bitcoin-is-bought-not-for-payments Marcus Swanepoel | CEO of the LUNO

Luno cryptocurrency exchange CEO Marcus Swanepoel expressed the opinion that 90% of users use Bitcoin for investment or speculation, not for payments.

In an interview with CNBC, Swanepoel said that only a small part of the first cryptocurrency users use it for transactions and payments in the real world.

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BabelFinance Research: Chinese investors await the Bitcoin growth

BabelFinance-Chinese-investors-await-the-Bitcoin-growth BabelFinance Research: Chinese investors await the Bitcoin growth

A survey conducted by the Chinese cryptocurrency company BabelFinance showed that local investors are waiting for the growth of Bitcoin, and according to 30% of respondents, the Bitcoin exchange rate for the year will exceed $ 30,000.

The study showed that the average Chinese cryptocurrency investor is a young, well-educated man with above-average income. More than 76.3% of male respondents have a college degree or higher.

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Mark Carney: cryptocurrency like Libra should become the global reserve currency

Mark-Carney-cryptocurrency-like-Libra-should-become-the-global-reserve-currency Mark Carney | The Head of The Bank of England

The Head of The Bank of England Mark Carney said the US dollar, which is the global reserve currency, needs to be replaced with a digital currency similar to Libra.

According to Carney, trade wars are detrimental to growth and disrupt multilateral cooperation, while central banks live in a world with low interest rates as they struggle to recover from inflation.

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BLOCONOMIC EXPO 2019: THE REVOLUTION OF IR4.0 AND BLOCKCHAIN SPECTRUM

PRESS-RELEASE-BLOCONOMIC-EXPO-2019 BLOCONOMIC EXPO 2019 | Press-Release

Putrajaya, 19th August 2019: BLOCONOMIC has successfully kicked off a blockchain expo with over 1000 attendees coming from 30 countries for 2 days event. The event has been officiated by Minister of Entrepreneur Development, YB Datuk Seri Mohd Redzuan, with his support in blockchain industry in Malaysia.

Bloconomic managed to bridge government agencies with blockchain agency and company like Malaysia Blockchain Association, MaGIC, and TriveAcademy by creating collaboration on training in education spectrum. This initiative is expected to groom and develop more talents who are passionate about going into this transformation initiative.

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Research: Bitcoin is best positioned to become the money of the internet

Bendik-Norheim-Schei-Bitcoin-dominance Bendik Norheim Schei | Arcane Research analyst

According to Coinmarketcap, the Bitcoin dominance in the cryptocurrency market is currently about 68%, but Arcane Research analysts believe that in reality it reaches 90%.

The researchers emphasized that the services, when assessing the dominance of the first cryptocurrency, do not take into account liquidity in the market and a decrease in the price of an asset when mass selling tokens.

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ICORating will pay SEC a penalty for failure to disclose payments for positive reviews on ICO

ICORating-will-pay-SEC-a-penalty ICORating | Russian analytical firm

The US Securities and Exchange Commission (SEC) fined Russian analytical firm ICORating for not reporting payments for positive feedback on various ICO projects.

The analytical company ICORating is engaged in evaluating investments in ICO projects. It includes team members of well-known cryptocurrency projects, for example, NEO.

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Spencer Bogart: Bitcoin will survive even during a major financial crisis

Spencer-Bogart-Bitcoin-will-survive Spencer Bogart | General partner at Blockchain Capital

Spencer Bogart, general partner at Blockchain Capital, a venture capital firm, expressed confidence that Bitcoin will become a safe asset in the long run.

In an interview with Bloomberg, Bogart noted that the risks of devaluation of fiat money would boost the Bitcoin exchange rate.

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Jeremy Allaire: people, who want to control their capital, buy Bitcoin

Jeremy-Allaire-people-buy-Bitcoin Jeremy Allaire | Circle startup CEO

Circle startup CEO Jeremy Allaire expressed confidence that Bitcoin is attracting investors as a safe asset.

At CNBC's Squawk Box program, Allaire noted that despite the recent volatility of the first cryptocurrency, Bitcoin remains a popular risk hedge.

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