THELOGICALINDIAN - In todays Bitcoin in Brief weve got capacity of a new interoperability accord to actualize proxy tokens such as bitcoin that can be represented on a distinct blockchain Theres additionally account of UAEs aboriginal Shariahcompliant barter added simjacking escapade and Zencash has a makeover Weve got a lot to bite over so lets constrict in
Also read: Hiding Bitcoin Cash in Pictures With the New Pixel Wallet App
Simjacking for Sports Cars
Simjacking, in which a fraudster ports a victim’s cellphone annual to a new handset, with the ambition of burglary their crypto, is on the rise. Last ages we reported on Joel Ortiz, who’s accused of burglary $5 actor in bitcoin in this manner. Motherboard has now appear capacity of his 19-year-old co-accused, who, according to the indictment, has been active the dream while assuming all the crypto memes. Xzavyer Narvaez is believed to accept invested some of his ill-gotten simjacking assets in a McLaren sports car, and was pictured alongside it in a now deleted Instagram column with the explanation “Live fast, die young”. Narvaez has been appear on bond but his declared accomplice in abomination Joel Ortiz charcoal in detention.
Zencash is Now Horizen
After enlisting the casework of a branding aggregation and assuming all-encompassing association consultation, Zencash has pulled a Raiblocks/Nano and claimed a new name. As of August 22, the cryptocurrency is accepted as Horizen. The project’s co-founder Robert Viglione said: “The Zencash activity has abundantly acquired back its birth added than a year ago, and it’s now time to aggrandize our cast to added accurately reflect our mission to advance the axiological animal appropriate of aloofness worldwide.”
“What initially launched as a privacy-focused cryptocurrency has adapted into a abundant broader and acutely able belvedere that will host a array of privacy-focused applications, including defended messaging and publishing.” One benefit of the rebrand is that the cryptocurrency will get to absorb its ZEN ticker.
UAE Launches First Sharia Compliant Exchange
Earlier this year, a research paper claimed bitcoin to be adjustable with Shariah law. That approach has now been put into convenance with the enactment of the UAE’s aboriginal Shariah-compliant exchange. The platform, which is actuality created by Adab Solutions, will account Muslims in the Emirate states who ambition to acquirement cryptocurrency whilst adhering to Islamic article on finance. Just to ensure it’s adjustable with all things Shariah, the barter affairs to set up an centralized Shariah Advisory Board.
Crypto Matchup Enables Social Trading
From the UAE to the Dominican Republic now, the home of Crypto Matchup, a new app to animate amusing cryptocurrency trading. One of the better successes of the bitcoin banknote association has been adorning the act of sending and accepting crypto through a ambit of fun mini-projects such such as Pixel Wallet. Crypto Matchup can be added to that list. It aims to advice cryptocurrency admirers about the apple align breezy meet-ups to accomplish trades in-person. In accession to BCH, it supports bill such as BTC, LTC, and DASH. A desktop aperture and beta Android app are accessible to try now.
Proxy Bitcoin, Anyone?
Uphold, Cred, Blockchain at Berkeley, and Brave accept teamed up to actualize a affiliation that will baby-sit the Universal Protocol Platform. It will accredit proxy tokens of all kinds to be created and managed, advantageous the interoperability botheration that obliges bill such as ethereum and bitcoin to abide on abstracted chains. Proxy tokens will serve as a representation of the basal asset.
“The aboriginal canicule of the internet were actual agnate to the apple of blockchain today, with abounding altered technology platforms burst and butterfingers of communicating with one other,” said JP Thieriot, co-founder of Uphold. “We accept that the Universal Protocol Platform is a technology that has the abeyant to affix blockchain technologies, abundant like the advance of the TCP and IP protocols that collection the internet appear accumulation adoption.”
What belief from today’s assembly bent your attention? Let us apperceive in the comments area below.
Images address of Shutterstock, Motherboard, and Crypto Meetup.
Need to account your bitcoin holdings? Check our tools section.
