Top cryptocurrencies fall

Bitcoin, Ethereum, Ripple , Litecoin and other top cryptocurrencies lose their positions 
11 July 2017   1924
Blockchain

Distributed database that is used to maintain a continuously growing list of records, called blocks.

Top 15 cryptocurrencies are rapidly losing their positions.

Cryptocurrencies chartCryptocurrencies chart

Bitcoin

First decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen

Only Bitcoin is holding "well" - it lost only about 7%. Ethereum, Ripple, NEM, IOTA, Monero, EOS, Zcash, Waves and AntShares lost more than 20% in only 24 hours. 

Only few hours ago, a lot of cryptocurrency enthusiasts thought that there "will be big move" of Bitcoin.

Bitcoin was between $2,400 and $2,800 since June 16, a considerably less volatile period to that which preceded it, according to data from Coinmarketcap.

Ethereum

Open-source blockchain-based distributed computing platform featuring smart contract functionality, which facilitates online contractual agreements 

Fall of Ethereum can be caused by it's rapidly increased difficulty. One of the reasons of this anomaly is new "ice-age bomb". It is down by 25% in the week, reached $186. 

Additionally, experts expect new big "spikes" in the nearest future due to SegWit launch at 1st of August. 

MyEtherWallet to Roll Out MEW Connect

The application provides a secure login to user accounts
19 September 2018   140

Developers of the popular wallet MyEtherWallet presented the final version of the mobile application MEW Connect.

The application provides a secure login to user accounts. With MEW Connect, users do not need to enter a private key to open a wallet. Instead of using a private key, the introduction of which may pose a security risk, the user reads a special QR code.

Kosala Hemachandra, MyEtherWallet founder in talk with TechCrunch said that he he hopes beta users will comb through the code and help find issues with the app before its wider release.

The app is available for both iOs and Android. MyEtherWallet.com service is visited daily by about 600 thousand users.

Recall, the beta version of MEW Connect was introduced in July.