DAILY CRYPTOS ESPRESSO – news from 02 Sep 2019

The Ethereum drop seems never-ending. A new analysis estimates a value as low as $ 140. 

Security issues have been found in the Lightning Network which could cause loss of money if you don’t upgrade the node software right away.

The Gram token sale is doing exceptionally well in Asia. The TON network promises easy porting of Ethereum smart contracts.

Bitcoin (BTC)

  • Update Your Lightning Nodes or Lose Funds

    Live Bitcoin News    
    02 September 2019

    Security flaws within the Lightning Network could cause loss of money if not fixed. The official problems will be disclosed on September 27. In the meantime, people are urged to update their nodes.

  • Alternative Cryptocurrencies & Markets

  • Looming ‘Death Cross’ May Send Ethereum Plunging to $140

    02 September 2019

    Ethereum is down by over 52 percent from this year peak of $363.30. Some traders even consider it will be “dead money for years.” It looks like a busted bubble with no exit plan. Ethereum is not dead, we but the price will likely go further down. The analysis indicates that it might go to $140 before recovering. If it fails even to hold that level, it could slide down to $100. 

  • Banks, Lenders & Stablecoins

  • Exchanges, Trading, Wallets & Payment Platforms

  • Liquid Crypto Exchange Unveils Digital Wallet Address for Gram Token Sale Proceeds

    02 September 2019

    Japanese cryptocurrency exchange Liquid is storing $4,118,853.70 worth of USD Coins (USDC) for the Gram token sale in Asia. Gram is the yet-to-be-released native token for the Telegram Open Network (TON). Additional tokens have been distributed between other partner exchanges who accepted undisclosed amounts of Gram tokens. The token sold at three times the ICO price of March 2018. The TON blockchain will allow the porting of Ethereum smart contracts. TON Labs is building a programming language to develop smart contracts on the Ethereum network. 

  • Brokers, Fund Managers & Analysts

  • Scams, Frauds, Hacks & Legal Problems

  • Crypto in Politics & Taxes

  • Blockchain Applications