GitHub lifts ban on Tornado Cash’s code repositories

GitHub, the most widely used software hosting online platform, has today reversed its decision to completely ban Tornado Cash’s open source code. However, despite lifting the ban, the functionality of the code repositories remains restricted to “read-only” allowing visitors to only open and read the code.

The move comes days after the US Treasury clarified that the sanctions against Tornado Cash did not apply to the sharing and reading of the app’s code.

Tornado Cash ban

Tornado Cash was launched in 2019 as a privacy-preserving tool aimed at shielding users’ financial activities on public blockchains like Ethereum.

The use of Tornado Cash and certain Ethereum addresses connected to the app was blacklisted by the US Treasury Department Office of Foreign Assets Control (OFAC) in August. The OFAC cited the app’s use by criminals for money laundering.

It was after the blacklisting by the OFAC that GitHub banned and removed the entire Tornado Cash code to remain compliant with the regulator.

Why did GitHub reverse its Tornado Cash ban?

However, the US Treasury on September 13 clarified that the blacklisting of Tornado Cash did not prohibit people from reading and sharing the app’s code.

The official post by the US Treasury read:

“US persons would not be prohibited by U.S. sanctions regulations from copying the open-source code and making it available online for others to view, as well as discussing, teaching about, or including open-source code in written publications.”

It is following this clarification that GitHub has modified its blanket ban on the app’s code although the full functionality of Tornado Cash on GitHub has not been reinstated.

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Reserve Rights (RSR) rallies ahead of mainnet launch: here’s where to buy the RSR

Reserve Rights (RSR), the native token of Reserve Protocol, has rallied 33% in the past 24 hours as the mainnet launch nears. The token was trading at $0.007756 at press time.

The mainnet launch is expected to take place in October this year with five audits already completed so far.

To help traders who want to take advantage of the current Reserve Rights price surge ahead of the mainnet launch, Coinjournal has prepared this brief guide on where to buy the RSR token.

To find out more, please continue reading.

Where to buy RSR cryptocurrency

Binance

Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600. Binance is also known for having low trading fees and a multiple of trading options that its users can benefit from, such as; peer-to-peer trading, margin trading and spot trading.

Buy RSR with Binance today

KuCoin

Kucoin is a cryptocurrency exchange which offers over 200 cryptocurrencies. Kucoin has a wide range of services, such as; a built-in peer-to-peer exchange, spot and margin trading, bank level security and a wide range of accepted payment methods. Users can benefit from a beginner-friendly interface and relatively low fees.

Buy RSR with KuCoin today

What is Reserve Rights cryptocurrency?

Reserve Rights (RSR) cryptocurrency is a native token of the Reserve Protocol, which is a pool of stablecoins. It was launched in May 2019 after a successful Initial Exchange Offering (IEO) on the Huobi Prime platform.

The Reserve Protocol is designed to reduce risk through diversification and decentralized governance.

The RSR token is an ERC token and it is used for insuring Reserve stablecoins (RTokens) on the Reserve Protocol through staking and for governing the Reserve Protocol pools through proposing and voting on changes to be effected on the pool configurations.

RSR stakers receive a staking reward for providing insurance to RTokens.

Should I buy RSR today?

RSR could be a good buy now that its price is rallying ahead of its mainnet launch, which is expected to trigger a further upward movement.

However, the cryptocurrency market is an extremely volatile market and it can be very unpredictable at times. Therefore, it is important to proceed with caution.

Reserve Rights price prediction

Analysts expect RSR to maintain the current bullish trend, which they predict will gather momentum after the Reserve Rights mainnet launch, scheduled for October.

Reserve Rights social media trends

 

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Prosper has updated its coin circulating supply: you can buy the Prosper token here

The price of Prosper cryptocurrency has dipped by more than 14% today after Prosper announced that it had updated its coin supply on Coin Market Cap and CoinGecko. At press time, PROS was trading at $0.9305 down from a daily high of $1.14.

In a tweet, Prosper, however, clarified that the update did not result in an increase in token supply but only updated the displayed number of the circulating PROS tokens to include all the DEXs LP liquidities.

To help traders seeking to take invest in Prosper (PROS) cryptocurrency, Coinjournal has prepared this brief guide on where to buy the PROS token.

To find out more, please continue reading.

Where to buy Prosper token

Binance

Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600. Binance is also known for having low trading fees and a multiple of trading options that its users can benefit from, such as; peer-to-peer trading, margin trading and spot trading.

Buy PROS with Binance today

What is Prosper?

Prosper is a non-custodial cross-chain hedging and prediction market platform that uses on-chain liquidity aggregation technology.

In addition to the on-chain liquidity aggregation technology, Prosper also borrows from Binance Smart Chain and Avalanche and also uses Chainlink oracle to provide accurate price feeds to its users.

The Prosper platform features prediction insurance, a binary liquidity model, on-chain liquidity aggregation and cross-chain support, fiat support, custom pools, DAO governance, and prediction mining.

The native token of the Prosper platform is denoted as PROS and it is used as a prediction insurance token, a DAO governance token, a commission token, and a premium/subscription token.

Should I buy PROS today?

PROS could be a good buy now that it has updated its coin supply. However, contrary to the expectation of many, the token price has dropped considerably instead of rising after the update.

In addition, the crypto market is extremely volatile and you should proceed with caution.

Prosper price prediction

Analysts are optimistic that PROS will soon go above the resistance level at $1.60, despite today’s drop.

However, it will have to first break through the resistance level at $1.49 before making a dash for the $1.60 level.

$PROS social media trends

 

The post Prosper has updated its coin circulating supply: you can buy the Prosper token here appeared first on CoinJournal.

What is pushing Ripple (XRP) price up?

The price of Ripple’s XRP token is up 26.9% in the past week and 6.9% in the past 24 hours, outperforming most of the top cryptocurrencies like Ethereum and Bitcoin which are struggling to make considerable gains.

At press time Ripple’s XRP was trading at $0.4326.

Factors contributing to XRP’s recent price rise

There are two main factors believed to be behind the recent XRP price surge and they are increased trader optimism and high whale movement.

Trader optimism on XRP has increased considerably despite the ongoing Ripple lawsuit against the US SEC. majority of traders believe that XRP has the most bullish set-up in the crypto market with a potential for a further breakout.

One of the things that have increased traders’ optimism about XRP is the recent visit of Caroline D. Pham, an American attorney who serves as a commissioner of the Commodity Futures Trading Commission (CFTC) to Ripple Labs. The visit raised speculations that the XRP would be classified as a commodity rather than security as the SEC has been insinuating.

There has also been significant whale movement over the past few days with the two most recent whale movements being a transfer of 30 million XRP tokens and another 261 million XRP tokens between wallets.

The post What is pushing Ripple (XRP) price up? appeared first on CoinJournal.

Helium token holders approve migration to Solana protocol

Helium (HNT) token holders on Wednesday formally voted to migrate from Helium layer-1 blockchain to Solana protocol.

81.41% of the 6,177 voters voted in favour of the migration in a proposal that was called the Helium Improvement Proposal (HIP 70) which was aimed at making the network able to meet user demands. The HIP 70 proposal had been made on August 31 citing that the move would:

“Bring significant economies of scale through the vast range of compassable Solana developer tools, features, and applications.”

Helium switching to Solana protocol

The Helium Foundation said that the migration to Solana will allow the HNT token to become more compatible with decentralized finance (DeFi), non-fungible tokens (NFTs), and Web3 projects.

Helium Foundation COO Scott Sigel in a statement said:

“Solana has a proven track record powering some of the world’s most important decentralized initiatives and they were an obvious choice for us to partner with. Moving to the Solana blockchain allows us to focus our efforts on scaling the network as opposed to managing the blockchain itself.”

Helium still struggling with revenue

Weeks leading to the proposal, Helium had attracted some controversy with concerns about the network’s revenue potential.

However, prominent investors have defended Helium saying that it is still building its infrastructure and the revenue would come later.

Once the migration is completed all the tokens of the Helium ecosystem including HNT, IOT, and MOBILE will become available on Solana. A new version of the Helium Wallet App will also be unveiled.

The post Helium token holders approve migration to Solana protocol appeared first on CoinJournal.