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Cryptocurrency End of Day Recap

May 11, 2018

  • A group of researchers reportedly have discovered a series of code patterns which break Zcash’s anonymity protocol. The findings of this claim have been posted in a blog titled “An Empirical Anlaysis of Anonymity of Zcash”
  • Roger Ver believes a Ethereum will overtake Bitcoin in a process called “flippening”. Roger Ver is known as “Bitcoin Jesus” and was once a vocal supporter for Bitcoin
  • The cryptocurrency market has lost about USD$50bn in market capitalization in the past 24 hours from rumors that South Korea’s Upbit exchange is guilty of fraud
  • Facebook is looking into developing its own cryptocurrency according a report by Cheddar. Rumors are that a digitalized currency on Facebook’s platform will be used for payments on the site
  • The Bank of Canada (BoC) has shown that instant securities settlement process is successful with the their distributed ledger blockchain technology
  • Quantamize’s rolling 3-Day Cryptocurrency Signals will be updated after tonight’s UTC close. Cryptocurrency “Buy” or “Don’t Own” signals will be updated on 30 top cryptocurrencies