Crypto News Flash: Bitcoin (BTC), Ethereum (ETH), Ripple and XRP, Tron (TRX), Monero (XMR)
From a new mainstream chapter for Bitcoin to a multi-billion dollar tease at Tron, here’s a look at some of the stories breaking in the world of crypto.
Bitcoin
Bitcoin’s mainstream popularity has now spread to the children’s book series Goosebumps. The discovery was made on Reddit, through an image of the book Haunted Halloween: Movie Novel.
In the story, two characters discover a wooden crate, with one wondering, “Dude, I bet this thing is stuffed with gold and diamonds and bitcoins…”
His crypto-savvy friend responds, “Bitcoins are a crypto-currency. They are not actual coins, they are virtual coins. See, it starts with a process known as mining…”
Ethereum
The public spat between Ethereum creator Vitalik Buterin and NYU economist and crypto basher Nouriel Roubini continues.
On Twitter, Buterin mocked the idea of needing special knowledge to predict an upcoming economic crash, as Roubini did when he predicted the 2008 financial crisis. Roubini was quick to respond.
I officially predict a financial crisis some time between now and 2021.
Not because I have any special knowledge or even actually think that, but so that I can have a ~25% (or whatever) chance of later being publicly acclaimed as "a guru who predicted the last financial crisis".
— Vitalik Non-giver of Ether (@VitalikButerin) October 10, 2018
Vitalik, just shut up & speak about stuff that you can claim u know a lil about. You have promising Proof of Stake since 2013 & we are still waiting for a system that is scalable, decentralized & secure. But that is impossible as your inconsistent trinity principle proves. https://t.co/2VtkG764wL
— Nouriel Roubini (@Nouriel) October 10, 2018
Ripple and XRP
A poll from Weiss Ratings is revealing the strength of Ripple’s community on social media.
The Twitter poll asked which coin under $1.00 is the best buy. XRP beat Cardano, Stellar and IOTA by a long shot.
In your opinion, which one is the best coin to buy under $1:#XLM #StellarLumens #Cardano #XRP #IOTA #Stellar
Follow our feed to find out our answer!
— Weiss Ratings (@WeissRatings) October 11, 2018
XRP is currently the third most talked about coin on Twitter, behind Bitcoin and Ethereum, according to Cointrendz.
Tron
Tron founder and CEO Justin Sun dropped a major tease about an upcoming partnership.
Finally, First time to partner with tens of billions USD valuation industry giant. Guess the name 😊#TRON #TRX $TRX
— Justin Sun (@justinsuntron) October 12, 2018
From Alibaba to Baidu, there’s a lot of rumor and speculation. However, no official details have been released.
Monero
Fake Adobe Flash updates that contain Monero mining malware are spreading.
According to researchers at Palo Alto Networks, 113 malicious Flash update impostors have been found. Once installed, the malware secretly uses your computing power to mine Monero.
If you decide to update Flash, make sure you’re installing it from a reliable source. Also watch out for a pop up box that says the publisher is unknown. Palo Alto Networks says it’s not sure exactly which websites are spreading the malicious software.
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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin or cryptocurrency. Your transfers and trades are at your own risk. Any losses you may incur are your responsibility. Please note that The Daily Hodl participates in affiliate marketing.
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