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PrismTech Announces Availability of Open Source DDS Community … – Business Wire (press release)

Posted on June 7, 2017 by admin

BOSTON--(BUSINESS WIRE)--PrismTech, a global leader in software platforms for distributed systems, today announced the release of the open source DDS Community Edition v6.7. This new release adds significant new functionality and a new open source licensing model to the DDS Community Edition, the leading open source implementation of the Object Management Group's (OMG) Data-Distribution Service (DDS) standard.

The DDS Community Edition v6.7 is being released to the open source community under the widely adopted Apache license, version 2.0 source code license. Unlike many other code licenses the Apache license places relatively few restrictions on the use or availability of the code.

The new DDS Community Edition v6.7 introduces many new features compared to the previous release including:

The new release also includes numerous other updates to the code base such as: performance and footprint improvements, bug fixes, robustness and maintainability improvements.

DDS has been witnessing incredible growth in adoption across a large number of application domains, culminating in its recommendation as part of virtually all Industrial Internet of Things (IoT) Reference Architectures, said Angelo Corsaro, CTO, PrismTech / ADLINK Technology. With DDS Community Edition v6.7 we are making available the most advanced DDS implementation on the market under the liberal open source license Apache license version 2.0. This will help reduce the IoT adoption barriers and further accelerate the penetration of DDS in this new and exciting market.

The latest DDS Community Edition v6.7 open source software can be downloaded from PrismTechs website at: http://www.prismtech.com/dds-community.

For customers needing a fully commercially supported DDS product, PrismTech also offers the Vortex OpenSplice product suite, for further details please visit: http://www.prismtech.com/vortex/vortex-opensplice.

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About PrismTech

PrismTechs customers deliver systems for the Internet of Things, the Industrial Internet and advanced wireless communications. PrismTech supplies the data connectivity solutions, tools and professional services they need to build systems with the required: platform coverage, performance, scalability, efficiency, flexibility and robustness. PrismTechs customers service many market sectors, including: industrial automation, energy, healthcare, transportation, smart cities, financial services, aerospace and defense. For additional information about PrismTech, visit the web site at http://www.prismtech.com.

Vortex is a trademark of PrismTech. DDS and Data-Distribution Service are either registered trademarks or trademarks of Object Management Group, Inc. in the United States and/or other countries. All other trademarks are the property of their respective owners.

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PrismTech Announces Availability of Open Source DDS Community ... - Business Wire (press release)

Opening up the world of cryptography – FederalNewsRadio.com

Posted on June 6, 2017 by admin

Todays interview is with the founders of Virgil Security: Michael Wellman CEO and Dimitri Dain CTO. The subject is cryptography.

Many will say that the idea of creating a firewall and solid defense is not up to date. They will argue that today the threat is already inside the firewall, or what many call the insider threat. In the commercial world, many financial institutions have reduced fraud through encrypting all data. Todays tools do not provide the latency and delay that many think when considering encryption.

Virgil Security has products that work with software developers to give them the ability to build secure products by using cryptography. In fact, with todays proliferation of sensors and other Internet of Things (IoT) devices, encryption is more important than ever.

During the discussion the topic of trust came up frequently. Virgil Security can help developers provide trusted solutions to mathematically ascertain that you are dealing with the authentic data, device, and identity.

Listen to the interview to get a new perspective on cryptography, encryption, and the entire Public Key Infrastructure (PKI)

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Opening up the world of cryptography - FederalNewsRadio.com

Cybersecurity and cryptography in the post-quantum world – Bloomberg Government (blog)

Posted on June 6, 2017 by admin

Bloomberg Government regularly publishes insights, opinions and best practices from our community of senior leaders and decision makers. This column is written byMarc Van Allen and Umer Chaudhry, who both work inJenner & Blocks DC Office.

A quantum computer can solve certain computational problems in fewer steps than a classical computer. While this efficiency presents opportunities in areas such as machine learning and data analytics, it also poses certain risks in cryptography and cybersecurity. As Dr. Daniel Amihud Lidar of the University of Southern California notes: [t]he irony of quantum computing is that if you can imagine someone building a quantum computer that can break encryption in a few decades into the future, then you need to be worried right now.

The U.S. government is currently researching solutions to potential challenges posed by quantum computers. For organizations that operate classified or unclassified national security systems (NSS), and companies that build products used in NSS, the National Security Agency (NSA) recommends moving to a more quantum-resistant Commercial National Security Algorithm Suite. As quantum computers approach market-readiness, cryptography and cybersecurity professionals in all industries should be assessing their security frameworks and the potential of post quantum-resistant encryption techniques to protect their digital communications.

Impact of Quantum Computers on Encryption

Much of todays digital world relies on public key cryptography to ensure secure communication and transactions between parties. While hackers can steal private information by impersonating authorized users, phishing, or installing malicious software on computer networks, traditional computers are unable to crack standard forms of encryption. Anticipating the power of quantum computers, the American Innovation and Competitiveness Act of 2017 requires the Director of the National Institute of Standards and Technology (NIST) to develop cryptography standards and guidelines for future cybersecurity needs, including quantum-resistant cryptography.

A recent NIST report confirms the risk to public key cryptography posed by quantum computing. NIST found that current encryption methods such as the Diffie-Hellman key exchange, Rivest-Shamir-Adleman (RSA) cryptosystem, and the elliptic curve cryptosystem, are vulnerable to quantum computers. Current encryption methods depend on classical computers inability to factor large numbers in a reasonable time. However, decades ago, Peter Shor of Bell Labs demonstrated that theoretically a quantum computer could find the prime factors of an integer much faster than a classical computer. As quantum computers mature and increase in the size of qubits, the threat to current encryption protocols becomes more imminent.

Export Control

For national security, it is important for the U.S. government to regulate the export of high performance computers, encryption technology, and quantum cryptography. U.S. companies working in this area must ensure compliance with the governments Export Administration Regulations (EAR). Necessary licenses must be obtained to export and even transfer encryption and cryptography technology between a U.S. company and its foreign subsidiary.

Post-Quantum Cryptography and Public-Private Collaboration

Research in post-quantum cryptography is underway in the international community. Substantial progress is being made in Europe through the European Union (EU) projects PQCrypto and SAFEcrypto, and in Japan via the CREST Crypto-Match project. In the U.S., NIST has established the Post-Quantum Crypto Project and is gathering comments from experts to standardize one or more quantum-resistant public-key cryptographic algorithms. More recently, President Trumps executive order on cybersecurity directs the Secretaries of Homeland Security and Commerce to jointly lead an open and transparent process [] to improve the resilience of the internet and communication ecosystem. As a result, NIST has reissued its draft Cybersecurity Framework, seeking comments from industry by June 30, 2017.

The U.S. government will likely be amongst the largest buyers of quantum computers. Therefore, companies with substantial investments in quantum computing such as Google,IBM, and Microsoft should consider working with the U.S. government to develop standards and guidance regarding risks and challenges presented by quantum computers. Such interaction may also help educate government stakeholders on the benefits of leveraging quantum computers to solve important problems through data analytics, machine learning, and artificial intelligence.

Britain PM Theresa May Calls to ‘Regulate Cyberspace’ And Critics Are Going Ballistic – Fortune

Posted on June 6, 2017 by admin

British Prime Minister Theresa May has responded to last nights attack in central London in part by calling for tighter controls on online communication. Her words have outraged some technologists who say that the proposal is both unacceptable and at fundamental odds with the spirit of the Internet.

"We cannot allow this ideology the safe space it needs to breed," May said. "Yet that is precisely what the Internet, and the big companies that provide Internet-based services, provide. We need to work with allied democratic governments to reach international agreements that regulate cyberspace to prevent the spread of extremist and terrorism planning. And we need to do everything we can at home to reduce the risks of extremism online."

She added: "We need to deprive the extremists of their safe spaces online."

The comments continue a string of anti-privacy declarations from Mays Conservative government including calls in March for a so-called backdoor to the WhatsApp secure messaging service and major increases in Internet control. May was a sponsor of the Investigatory Powers Act that gave the U.K. government broad surveillance powers.

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Even as they mourned a tragedy that left several Londoners dead and scores injured, commentators showed little but contempt for Mays perspective.

In a long screed, author and BoingBoing co-editor Cory Doctorow eviscerated Mays comments as a classic piece of foolish political grandstanding from a politician who doesnt understand technology very well. Restricting cryptography or building the kind of backdoors that May wants would cripple the Internet as we know it, Doctorow argues: "There's no back door that only lets good guys go through it." Besides, he adds, it cant even be done from a technical standpointthe Internet simply isn't built for top-down administration.

"There is no legal or technical mechanism by which code that is designed to be modified by its users can co-exist with a rule that says that code must treat its users as adversaries and seek to prevent them from running prohibited code," he writes.

Zack Beauchamp at Vox points out that Mays desire for a digital lockdown probably couldnt prevent attacks like the one that happened in London, even if it could be implemented. Thats because, as May herself has made clear, theres no sign that the attackers were part of a broader terrorist network, or connected to perpetrators of other recent attacks. Crude attacks of this sort, says Beauchamp, generate few digital warning signs.

"Its hard to catch people who plan their attacks quickly and dont communicate widely," he writes. "You cant stop someone from driving their car to a crowded area and ramming pedestrians."

Writing at the Guardian , Charles Arthur says May's proposed Internet regulations "open a Pandora's box" of complication.

"The British government could insist that the identities of people who search for certain terror-related words on Google or YouTube or Facebook be handed over," Arthur writes. "But then whats to stop the Turkish government, or embassy, demanding the same about Kurdish people searching on 'dangerous' topics?"

The denizens of 4chan, the popular (and often anonymous) Internet message board and community, were less refined but no less forceful in their analysis of Mays position.

Among the reproducible comments from its "Internet Regulation" section: "they dont care about terrorism they want control over population" and a sarcastic "BAN THE INTERNET."

Not everyone agrees. John Mann, Member of Parliament for England's northern Bassetlaw district, offered support for May's position. "I repeat, yet again, my call for the internet companies who terrorists have again used to communicate to be held legally liable for content," he tweeted Sunday morning.

Meanwhile some prominent Brits such as media personality Piers Morgan have tried to draw attention to massive cuts made to British police forces under May and the Conservatives. Mays critics are blaming those cuts, rather than online freedom of speech, for enabling recent attacksan argument that could seriously weaken Mays anti-terrorism position in advance of a national election on Thursday.

Julian Assange exploring ways to guest host Hannity’s radio …

Posted on June 6, 2017 by admin

"I'm looking into it," Assange said in a Twitter direct message. "My physical circumstances means that nothing is easy."

Assange had previously said on Twitter that he was interested in starting a weekly radio show or podcast. After Hannity saw his tweet, he made Assange an offer.

"If you would like to fill in for me one day I am on over 550 stations and 14 plus million listeners," Hannity wrote in a tweet.

Hannity has not always spoken kindly of Assange. In 2010 he accused him of "waging [a] war" against the U.S. and questioned why he hadn't been arrested. But since Wikileaks published thousands of internal electronic communications from the Democratic National Committee and the chairman of Hillary Clinton's 2016 presidential campaign, Hannity has praised him. The Fox News host even traveled to London, where Assange had holed up in Ecuador's embassy to avoid extradition to Sweden, to interview him.

In recent weeks, Hannity has referenced Assange while promoting a baseless conspiracy theory that suggests slain DNC staffer Seth Rich was the person who provided a large cache of internal emails to Wikileaks, and later murdered in connection for the supposed leak. There is no evidence to support this assertion, and police have said Rich was likely the victim of a botched robbery, but Assange stoked the flames of the conspiracy theory in an interview in which he said his sources often take "very significant risks" to provide information to Wikileaks. On his television show Tuesday night, Hannity promised to keep looking into the debunked theory and said he'd have an announcement "sooner rather than later."

It was not clear what Assange would discuss if he were to fill in for Hannity, but he did note in a Twitter direct message to CNN that Ecuador's newly elected president has warned him to avoid meddling in the politics of other countries. Assange said that is something which "must be worked through."

A Fox News spokesperson did not immediately return a request for comment.

CNNMoney (New York) First published May 31, 2017: 4:29 PM ET

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Julian Assange: NSA Leaks Suspect Reality Leigh Winner ‘Must Be Supported’ – Newsweek

Posted on June 6, 2017 by admin

WikiLeaks founder Julian Assange said that an intelligence contractor arrested for allegedly leaking NSA documents to a news website must be supported.

Reality Leigh Winner, 25, was charged with criminal offenses Monday, after allegedly leaking the secret documents to a news outlet.

Alleged NSA whistleblower Reality Leigh Winner must be supported, tweeted Assange Monday alongside a picture of Winner. She is a young woman accused of courage in trying to help us know.

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Court documents filed Monday by the government did not outline which media organization the documents were leaked to, but a senior federal official told NBC that Winner is the alleged leaker of documents published by The Intercept, which described Russian attempts to hack U.S. voting systems before the 2017 presidential election.

The site reported that the documents show Russia may have breached elements of the voting system, with disconcertingly uncertain results."

The complaint alleges that Winner admitted printing out the secret documents and mailing them to a media outlet.

During the campaign WikiLeaks published documents allegedly stolen by state-sponsored Russian hackers from the Democrat Partys email servers, in what U.S. intelligence agencies have alleged was part of a deliberate Russian attempt to discredit presidential candidate Hillary Clinton.

The new documents seem to have been leaked in a bid to expose the extent of Russias attempts to subvert the election, but Assange still backed Winner.

It doesnt matter why she did it or the quality [of] the report, Assange added in a separate tweet. Acts of non-elite sources communicating knowledge should be strongly encouraged.

WikiLeaks founder Julian Assange makes a speech from the balcony of the Ecuadorian Embassy, in central London, Britain February 5, 2016. Reuters

WikiLeaks published secret U.S. documents leaked by former U.S. soldier Chelsea Manning in 2010, including thousands of diplomatic cables and military reports on U.S. operations in the MIddle East.

For several years Assange has taken asylum in the Ecuadorian embassy in London, claiming that rape allegations made against him in Sweden are politically motivated, and that if he traveled to the country for questioning, he could be extradited to the U.S. where he would face charges for publishing the Manning documents.

Sweden announced it was dropping its investigation into the rape allegations in May, but Assange remains in the embassy, with a Metropolitan Police warrant for his arrest still active.

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Julian Assange: NSA Leaks Suspect Reality Leigh Winner 'Must Be Supported' - Newsweek

The Case For Droning Julian Assange | Mediaite – Mediaite

Posted on June 6, 2017 by admin

After a very long period of mollycoddling, the Trump administration appears to finally be getting tough with Wikileaks. During a press conference in April, Attorney General Jeff Sessions said that he was looking for ways to arrest and prosecuteits mercurial leader, Julian Assange. That same month, CIA Director Mike Pompeodenounced the organization as a hostile intelligence service, but added that the problem of Wikileaks and Assange offered no quick fix.

With all due respect to the estimable CIA Director, I would proffer there is a quick fix.

We can drone Julian Assange.

In a controlled targeted strike, the United States canblow up the Ecuadorian embassy in London, where he currently resides, and put an end to Mr. Assange and Wikileaks.

Now hear me out; I dont use the D-word lightly. The fact is, Mr. Assange is no ordinary hacker, fleecing little old ladies or snatching R&D from Microsoft. He is a nefarious actor on the world stage. His disclosures have directly aided and abetted Americas international adversaries from Russia to ISIS, and his leaks have unquestionably made Americans and many others less safe around the world. Assanges actions are not hacking, they are cyberterrorism and they should be dealt with thusly.

Assange should be given an ultimatum, say 48 hours, to surrender to British authorities, or face a drone strike.

If you accept the premise that drone attacks are appropriate in some situations where it is impossible to apprehend suspected terrorists, then a proposed drone attack against Assange seems permissible,Robert Precht, a former public defendertold Mediaite. Giving the option of surrendering or being attacked actually seems generous.

Its a subject on which Precht is uniquely qualified to opine. In 1993 he served as the defense attorney for World Trade Center bomber Mohammad Salameh, which he later recounted in his book,Defending Mohammad.

Having defended the lead suspect in the World Trade Center bombing case, I would say the evidence of conspiring to commit terrorist acts is greater in Assanges case than the evidence against some of the World Trade Center defendants, who are all serving life sentences now, he told Mediaite.

It takes only a cursory look at Assanges record to see how Precht came to his conclusion.

Back in 2010, Wikileaks released a cable listing numerous sensitive sites around the world. As the New York Times reported at the time, the listing was a potential goldmine for terrorists looking to launch attacks against U.S. interests andpersonnel. Then-British Foreign Secretary William Hague called the leak particularly reprehensible, adding to BBC Radio that, there is great concern, of course, about disclosing a list of targets that could be of use to terrorists or saboteurs.

Just a year later, another document dump from Wikileaks released the names of thousands of individuals whose inclusion in secret U.S. cables stood to put them in immense personal danger. Many of them were activists and fellow whistleblowers like Assange himself. Publishing the files without the redactions served no public interest.

We deplore the decision of WikiLeaks to publish the unredacted state department cables, which may put sources at risk, read a joint statement issued by Assanges then-media partners,The New York Times, El Pais, Le Monde, Der Spiegel and the Guardian which reported the news.

Per the Guardian:

Diplomats, governments, human rights charities and media organizations had urged WikiLeakss founder, Assange, not to publish the full cache of cables without careful source protection WikiLeaks has published its full archive in an easily accessible and searchable manner, the first time the content has been made widely available to those without sophisticated technical skills.

It wasnt a one-off either. Wikileaks has continued its practice of recklessly releasingunredacted names, with a fresh example in just March of this year.

To me, the fact that he released documents identifying vulnerable targets of terrorism is damning, said Precht.

The amazing thing about droning Julian Assange is that, once oneaccepts the premise that he is drone-worthy, the elegance and humanity of that option becomes readily apparent.

The British, which the BBC estimates have spent 12,000,000 on Assange related security costs, would likely be happy enough for any solution that gets rid of him. And since there is no risk of Assange escaping, negotiations between the U.S. and Ecuador could take place with full transparency with zero risk for miscommunication.

If a credible threat of drone strike were calmly issued to the Ecuadorians, they would almost certainly eject Assange, negating the need for it in the first place. On the odd chance they refused, a date for droning could be set and publicly announced, giving Embassy staff ample time to evacuate themselves from the area. Londons finest, meanwhile, could ensure the zone was completely cordoned off from civilians.

At the risk of being trite it would be like droning fish in a barrel.

As former president George W. Bush once said, the United States should make no distinction between terrorists and those harbor them. Ecuador is harboring a terrorist, and the United States should send a message that, that is still not okay.

[image via screengrab]

Follow Jon Levine onTwitter/Facebook.

This is an opinion piece. The views expressed in this article are those of just the author.

Cryptocurrency ICO Education The Basics – The Merkle

Posted on June 6, 2017 by admin

Over the past few months, there has been an increased focus on cryptocurrency ICOs. These initial coin offerings are a great way for investors to buy into a project at an affordable price. At the same time, the project developers try to raise as much money as possible to finish their creation as soon as possible. It is a well-balanced ecosystem, but a lot of people are still confused about certain ICO aspects. In this series, we will try to address some concerns people still have.

As most people should be familiar with by now, buying into a cryptocurrency ICO is the same as backing a project on Kickstarter or IndieGala. Investors receive a reward for pledging money to the cause, even though not all of these projects may succeed in the end. Unlike traditional crowdfunding campaigns, cryptocurrency ICOs do not accept credit cards or other traditional payment methods. Most projects only accept investments in either Ether or Bitcoin, albeit some projects accept additional currencies and tokens as well.

There is another similarity to cryptocurrency ICOs and crowdfunding projects. It is always of the utmost importance to invest as early as possible. In the case of a cryptocurrency ICO, early investors often received a specific percentage of tokens on top of the regular amount. These bonuses can either be time-based or based on the amount of tokens sold already. As we have seen with a lot of recent ICOs, time to buy in is incredibly limited, though.

Even though these similarities between cryptocurrency ICOs and crowdfunding projects should not be overlooked, that is far as both concepts can be compared. With a crowdfunding project, backers can often get a refund of their money if the project fails to deliver. That is not necessarily the case with a cryptocurrency ICO, although most projects lock funds in a smart contract. By using this technology, it is a lot easier to refund investors if needed, albeit that happens very rarely these days.

Moreover, it is always a good idea to check how many tokens will be generated during a particular cryptocurrency ICO. A lot of projects issue a billion tokens or more, which theoretically makes it impossible for them to gain any major value. That is a common misconception, though, as cryptocurrency ICOs often increase their value a tenfold or more in the first few months. Most of these tokens are quickly listed on exchanges, which means there will be plenty of liquidity as well.

Speaking of the number of tokens being issued, there are two creation models projects can make use of. First of all, there is the static supply option with a predetermined value. This means a fixed number of tokens will be issued which will always be sold at the exact same price. This levels the playing field for both early and late investors alike. It is possible this method will be considered less attractive by speculators, since there is no option to buy cheaper coins. Then again, these tokens often see their value appreciate over time just as well as other projects.

The second option revolves around a static supply with a dynamic funding goal. The distribution of cryptocurrency ICO tokens is made based on how much money has been raised to date. More funds raised will result in a higher price per token. This also means early investors will see the value of their token increase during the remainder of the ICO. These are often the most popular types of ICOs, although they often reach their funding goal in minutes or hours.

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Bitcoin Price on Track to hit US$3000, Total Cryptocurrency Market cap Surpasses US$102bn – The Merkle

Posted on June 6, 2017 by admin

Things are looking incredibly promising for Bitcoin and the BTC value right now. With the overall cryptocurrency market cap surpassing US$102bn, the fear of missing out is setting in around the world. A lot of consumers and investors want to ensure they make a strategic investment in cryptocurrency right now. As a result, the Bitcoin price keeps going up and is well underway to hit US$3, 000 in the near future.

Just yesterday, we discussed how the total cryptocurrency market cap would surpass US$100bn very shortly. Fast forward to today, and that is exactly what happened. As of right now, the total market cap sits at over US$102bn, and it seems there is still a lot of room for future growth. A lot of fresh capital has entered the cryptocurrency ecosystem, just as it has done so over the past few weeks.

Rest assured a lot of people are closely monitoring the Bitcoin price right now. A new all-time high has been set virtually every hour, and it looks like the momentum is not over just yet. Right now, one Bitcoin is valued at US$2,908. That means we are getting incredibly close to hitting US$3, 000. This value represents a target most experts claimed was well out of reach. Then again, one cannot properly predict how a free market will evolve despite technical analysis, charts and observations.

Even though Bitcoin is not the only cryptocurrency shooting up in value, it remains the most important one to a lot of traders. If Bitcoins value goes up, so will the value of other cryptocurrencies, digital assets, and tokens. It is in everybodys best interest to see the Bitcoin price appreciate over time. Then again, it is also possible a lot of investors will convert alternative currencies back into Bitcoin, which will lead to some volatility in these markets.

With close to US$2bn in 24-hour trading volume, it is evident demand for Bitcoin is not slowing down anytime soon. Korean exchanges have already projected the Bitcoin value at over US$3,000, although traders in these regions often pay a hefty premium to buy and sell Bitcoin. China has Bitcoin valued slightly higher compared to the American exchanges, although the gap is a lot smaller than most people would expect.

When looking past the Bitcoin trading volume generated by various alternative currencies and tokens for a moment, it is evident fiat currency-based trading is increasing in volume. The USD, KRW, CNY, and even EUR markets are all providing a lot of trading volume right now. This seemingly indicates people are converting their fiat currency to Bitcoin and vice versa. Based on the current charts, it looks like most people are actually buying Bitcoin, rather than selling it. This is a sign of FOMO settling in, although it is still too early to tell what is going on exactly.

For the time being, it is unclear what will happen to the Bitcoin price. The previous sharp increase in value was met with an equally sharp dip shortly after. It is possible Bitcoin will reach US$3, 000 without too many problems. On the other hand, the price may drop a fair before resuming this upward trend. Regardless of which scenario comes true, there will be plenty of eyeballs glued to Bitcoin trading charts over the coming days.

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Total Cryptocurrency Market cap Will Reach US$100bn Very Soon … – The Merkle

Posted on June 6, 2017 by admin

Cryptocurrency enthusiasts all over the world are keeping a close eye on the way things are evolving as of late. The world of Bitcoin and other currencies is nothing short of amazing right now. At this rate of growth, the entire cryptocurrency market cap will surpass US$100bn in the coming days or weeks. That is absolutely unprecedented, and perhaps only a sign of things to come.

Everyone is well aware of how Bitcoin and other currencies have seen their share of ups and downs. It would be rather strange to see things go up all the time, as that would ultimately result in a massive cryptocurrency bubble. Sometimes, a good correction will pave the way for future value gains, which is exactly what the cryptocurrency world is showcasing right now. As a result, we are getting very close to the illustrious US$100bn market cap.

To put this into perspective, the cryptocurrency market cap has never been worth US$100bn to date. To some people, that may come as a surprise, given the thousands of coins, assets, and tokens in circulation right now. The blatant truth is how the vast majority of cryptocurrencies have been considered to be worthless for quite some time now. Even though a lot of coins still dont have any major value, the ones that actually offer something interesting are finally getting some positive attention.

Bitcoin is still the dominant cryptocurrency in terms of market cap, with US$42.1bn. It is quite interesting to note the ENTIRE cryptocurrency market cap was worth less than that just a few short months ago. Ethereum is not too far behind, with a US$22.5bn market cap at the time of writing. The top five is completed by Ripple with their XRP asset as well as New Economy Movement and Ethereum Classic. Litecoin is very close to ETC, and their market cap positions switch quite regularly in favor of one or the other.

Despite Bitcoin still being the top dog, the Bitcoin Dominance Index is changing in favor of alternative solutions. Bitcoin represents 44.5% of the entire cryptocurrency market cap, a number that seems to drop lower and lower every single week. That is a good thing, though, as it shows a lot of investors are diversifying their portfolio. There are many baskets to put eggs in, even though Bitcoin is often considered to be the safer investments compared to alternative options.

All of this results in the cryptocurrency market cap being a hair away from US$95bn. For an industry which has only been around nine years, that is quite amazing. It also goes to show all of the negative media attention has done nothing to discredit Bitcoin and other cryptocurrencies in the slightest. Albeit there is no mainstream adoption to speak of right now, things are slowly evolving in a rather interesting direction. It will be intriguing to see how things evolve next.

Once the cryptocurrency market cap surpasses US$100bn, all bets are off. We have seen a lot of money flowing into cryptocurrency over the past seven to eight weeks. This rate of growth is simply unprecedented, and there is no point in trying to predict the future. It is certainly possible this is only a glimpse of what the future may hold for cryptocurrency as a whole. The bigger question is which coins will surprise us next, as we have seen some spectacular value changes over the past few weeks already.

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Total Cryptocurrency Market cap Will Reach US$100bn Very Soon ... - The Merkle

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