Aeternity AE

Market Cap $ 262.624 MM (#32)
24h Volume $ 4.538 MM
Chg. 24h: -1.62%
Algo. score 4.0/5  (#46)
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Aeternity News

Blockchain-Hackathon and ICO-pitching at the Malta Blockchain Summit

CoinSpeaker Blockchain-Hackathon and ICO-pitching at the Malta Blockchain Summit The global blockchain community met again in Malta for the ​Malta Blockchain Summit​ between November 1st and 2nd. The summit brought together 7,000 delegates, more than 100 speakers and 150 partners from all around the world. Speakers and guests at the event were leaders in the fields of finance, technology and innovation and included individuals like ​John Mcafee, Brandon Synth, Charles Hoskinson, Scott Stornetta, John Matonis​ to name a few. The summit has been organized with the support of the Prime Minister of Malta, Joseph Muscat​ who opened the Malta Blockchain Summit with a speech: “​In Malta we are building the necessary quarter’s and channels in order to make good use of the force of nature that this technology is going to provide, and that is why I believe that Malta has become one of the centres of these new technolgoies”. In partnership with ​CryptoFriends​, the ​Malta Blockchain Summit​ hosted ​Blockchain Hackathon ​and​ two-day ICO pitchingn session​. At the ​Malta Blockchain Hackathon​ up to 200 participants took their chance to impress some of the best in the business and to win a 50k prize. ​A number of teams of developers gathered at the Summit to produce a dApp, or other smart contract implementation on the chosen platform using both decentralised and distributed solutions. The winners were selected by Hackathon judges, including ​Scott Stornetta, Charles Hokinson, Ilya Smagin, ​and​ Lucas Park​. ​Here are the results: 1st place - Team: Blockchain Charity Lottery 2nd place - Team: TPass 3rd place - Team: Tensegrity CEO of Malta Blockchain Summit, ​Eman Pulis​ presented the winning teams with the illustrious €50,000 prize at the main stage of the Summit. First place won €25,000, second prize won €15,000 and third prize won €10,000. The Blockchain Hackathon was sponsored by ​Etoro​, ​DAO.Casino​ and ​tZERO​. The ​ICO-pitching​ session was held on November 1st and 2nd and featured 30 ICO projects. ​The first day​ of the ICO-pitching session ended with gorgeous results. Some really solid projects were presented. ​Rise Token​ startup took the 1st place. AE Token​ company took the 2nd place.​ ​Day 2​ of the ICO pitching was great as well! Congratulations to projects ​Tatau​ and ​GoMama​ for achieving the 1st and 2nd places. Top level business and networking events are one of ​Cryptofriends specialities, get in contact with our team if you would like to take part in our future events in 2019 - ​​. CryptoFriends​ is a global group of well-connected professionals who are building smart connections in the blockchain space. Every time they organise an event, they search for cool locations, new topics and top speakers. Their events have a unique dynamic and are aimed at creating an ideal environment for networking. Click ​here​ to check out their website to learn about their future events. Blockchain-Hackathon and ICO-pitching at the Malta Blockchain Summit

2 days ago

XRP, Bitcoin Cash, & Dogecoin Down the Most among Top Altcoins & The Glorious Victory of BAT

With Bitcoin, Ethereum, Stellar and others in red, a majority of the cryptocurrencies are in correction Dogecoin, Bitcoin Cash, and XRP are down the most among the top altcoins With over 110% rise in a month, BAT price is costly on a surge Cryptocurrencies in Correction The majority of the cryptocurrencies are retracing after enjoying gains for the past couple of days. The leading cryptocurrency Bitcoin is currently down by 0.46 percent at $6,499 maintaining its stability around $6,500 level. As for the top altcoins, This has the BTC dominance reach 52 percent. As the crypto market goes red, the total market cap goes loses about $5 billion of the value. Among the top altcoins, Bitcoin Cash (BCH) is down the most by 4.20 percent at $601. Recently, BCH saw a surge of 40 percent on the back of the news of its upcoming hard fork on November 15. XRP is another cryptocurrency which is down by the most i.e. by 3.61 percent at $0.5136 among top cryptos. Just a few days back, XRP has been the largest gainer with over 12 percent 24-hours gains as XRP becomes a base currency on exchanges and Ripple shares its plans to open Dubai office. At 25th position, Dogecoin (DOGE) is another altcoin which is down by 5.54 percent at $0.0034. Aeternity (AE) is bearing the highest losses by 12.78 percent at $1.18 while Eternal Token (XET) is today’s biggest gainer with 47 percent greens while having the daily trading volume of less than $900k. BAT- The Winner with over 110% Surge in a Month For over a month now, Basic Attention Token (BAT) is almost constantly on an upward movement as shown in the chart below. From $0.155, in October, BAT has risen over 110%. At the time of writing, BAT has been trading at $0.3713 while being up by 13.52 percent. Currently, at 26th position, the listing by Coinbase played an integral role in giving a swift kick to BAT price. With a $371 million market cap, this cryptocurrency is managing the daily trading volume of more than $34 million. Additionally, “Basic Attention Token radically improves the efficiency of digital advertising by creating a new token that can be exchanged between publishers, advertisers, and users,” the core idea of the cryptocurrency is keeping the investors interested and prices surging. The post XRP, Bitcoin Cash, & Dogecoin Down the Most among Top Altcoins & The Glorious Victory of BAT appeared first on Coingape.

5 days ago

Stellar (XLM) gets Starlight for Private, Instant, and Free Payments

The 6th largest cryptocurrency currently in the red has now gotten its own Lightning Network in the form of Starlight, a payments channels that allows private, free and instant payments. Stellar Network gets its own Lightning Network in the form of Starlight At the time of writing, Stellar has been trading at $0.2334 while being down by $0.26 percent. The sixth largest cryptocurrency has been managing the daily trading volume of $34.9 million. As shown in the chart below, Stellar has been on a downward momentum. XLM 7-days price chart, Source: Coinmarketcap Though a bearish scenario seems to be in order, the price can surely bounce off of $0.20 if able to maintain stability above $0.23. Meanwhile, Starlight, a payment channel implementation on Stellar has been released as the official announcement reads, “Interstellar is pleased to announce a preview release of Starlight, an implementation of bidirectional payment channels on Stellar. Payment channels allow parties to transact privately, instantly, and securely while paying zero fees.” By using the network to lock up some funds for channel’s participants use, the payments are made private, instant, and free when normally payment on the network would have involves small fee and waiting for confirmation. The security is further ensured through special information in the form of signed Stellar transactions that ae not published to the network. When the channel closes, only the final settlement balances are revealed to the network while all other activity remains private and known to it participants only. Currently, connected to the Stellar testnet, as pointed out in the announcement, Stellar now has its own Lightning Network, “Starlight payment channels are analogous to the Bitcoin payment channels used in the Lightning Network. As we extend the Starlight project to support not only payment channels but also multi-hop payments across those channels, we plan to build in compatibility with other payment-channel networks, such as Lightning and Interledger.” The preview supports bilateral channels including built-in wallet application and Starlight payment channel software. Though it allows transacting in XLM only for now, “Future versions will support any asset issued on the Stellar network.” The post Stellar (XLM) gets Starlight for Private, Instant, and Free Payments appeared first on Coingape.

17 days ago

SharesPost Launches ERC-20 Token Index

You’ve heard of the Dow Jones Industrial Average, the NASDAQ Composite and the S&P 500. There are also crypto indices, like those by Coinbase and Galaxy Digital. And now there’s one more. On Thursday, SharesPost launched the SharesPost Token Index to track the growth and maturity of ERC-20 token market. According to the San Francisco-based financial services company, the index is representative of the broad blockchain sector and includes credible projects whose digital tokens have defined utility. Among the cryptos included are Binance (BNB), OmiseGO (OMG), Ox (ZRX), Zilliqa (ZIL), Aeternity (AE), Basic Attention Token (BAT), Pundi X (NPXS), Holo (HOT), Augur (REP), Populous (PPT), WaltonChain (WTC), IOST (IOST), aelf (ELF), Bancor (BNT) and Loopring (LRC). These blockchain projects are ranked at least No. 89 (Bancor) on CoinMarketCap, while Binance Coin is the highest-ranked token at No. 14 with $1.26 billion in market capitalization. The firm’s Token Index gives long-term investors the ability to view in real-time and on daily basis at how a composite of credible blockchain projects are performing against Bitcoin (BTC) and Ethereum (ETH). Its purpose is to inform investor decisions. Since July the index has outperformed Ethereum and underperformed Bitcoin. And over the past 12 months (since October 2017), the index of ERC-20 tokens has grown 17 percent. During the same period, Ethereum has dropped 17 percent while Bitcoin has increased by 59 percent. “We saw a need to provide a meaningful measure of token performance to help inform investor decisions and make the market more comprehensible for everyday people,” said CEO Gregory Brogger in Oct. 25 statement. Not all tokens are treated equally. The index is calculated using a market cap-weighted methodology that uses factors such as circulating supply, market cap, trading volume, trading history and token price to reflect the maturity of the market. The current weighting consists of 31.93% Binance Coin, 12.55% OmiseGO, 10.24% Ox, and 7.33% Zilliqa as four largest ERC-20 tokens that constitute the SharesPost Token Index. Binance Coin (BNB) is the digital coin of the world’s largest cryptocurrency exchange, Binance, in terms of trading volume. At $9.80 it’s down 60% from its all-time high of $24.50 in January. The second-largest project by market cap, OmiseGO, provides decentralized financial solutions across borders. Observers say that blockchain tech is unlocking the potential of the financial sector. “Blockchain technology has completely redefined the idea of a traditional transaction,” Marshall Hayner, CEO of Metal, told Crypto Briefing. “Financial banking, credit card systems, and investment portfolios are all so integral to our society, but completely intimidating to the average consumer .... Blockchain as a framework, which does not warrant a third-party, has unlocked potential for an entirely new type of banking, and in turn, has the ability to strengthen us as a society.” At $6,480 Bitcoin is down 68% this year from its all-time high of nearly $20,000 in January. At $204 Ethereum is down 85% from its all-time high of nearly $1,400 in January. The $209 billion cryptocurrency market is down 75% from its all-time high of nearly $830 billion in market capitalization. The author holds Bitcoin which is mentioned in this article. The post SharesPost Launches ERC-20 Token Index appeared first on Crypto Briefing.

18 days ago

@hitbtc @mojo5979 @slatecurrency AEON is a community project...

@hitbtc @mojo5979 @slatecurrency AEON is a community project and literally everything (including this twitter) is r…

19 days ago

Aeternity Readies AE Token Migration Away from Ethereum

Smart contract-fueled blockchain platform Aeternity is readying the launch of its mainnet. Aeternity will soon begin the token migration process away from the Ethereum blockchain onto its own mainnet, which will unfold over four phases. Following each phase of the migration, a hard-fork of the Aeternity blockchain will occur. Aeternity on Twitter thanked Ledger, AirGap, MetaMask and MyEtherWallet for their support of the AE token migration. AE is currently up more than 10% to $1.42 on trading volume of $20 million. (GT)

24 days ago

@ArtK0r It was RingCT without bulletproofs that added most o...

@ArtK0r It was RingCT without bulletproofs that added most of the size to the Moenro blockchain (13KB/tx). AEON wil…

24 days ago

Cryptocurrency Market Update: A New Brave Browser Boosts BAT

FOMO Moments Another flat Saturday as markets are stagnant; Only BAT and DGTX heading higher. The weekend has brought no joy to crypto markets which have remained immobile for the past few days. The slow downward slide seems to have halted just below $210 billion market capitalization where things remain for another day. Bitcoin is at the exact same place it was on Friday, $6,480 and there is no sign of a breakout just yet. A similar story is being played out in the Ethereum camp during Asian trading this morning. ETH is immobile again today at around $204. Alcoins are nearly all in the green but gains are so small they are hardly worth mentioning. The biggest movement in the top ten is Stellar which has inched up 2.2% to $0.244 this morning. The rest are static with small upwards movement of around one percent on the day. The top twenty is a little more mixed with more red creeping in. Zcash is also up 2.2% trading at $120 right now but the rest have moved less than a percentage point in either direction. Interest in altcoins is at rock bottom this month. Today’s big pump is BAT which has jumped 16% to $0.240 on the day. A new Brave browser release with BAT integrated for tipping websites was launched a couple of days ago which is driving momentum now. Trade volume has quadrupled from $6 to $24 million, over 60% of which is on Binance. New Brave desktop browser available for download at This latest milestone on our way to 1.0 is Chromium-based, has 22% faster load time than our previous Muon-based version, & unveils Brave Rewards beta (previously Brave Payments). — Brave Software (@brave) October 18, 2018 Basic Attention Token has made 33% since this time last Saturday and is also up over 50% on the month. Digitex Futures is also in pump mode, adding 15% to its price levels over the past 24 hours and Aeternity is looking strong with a 10% gain. Getting the red end of the digital stick is Polymath, as yesterday’s pump predictably dumps today. POLY has dropped 11% of its previous gains in this tired pattern of ups and downs. Komodo is also shedding some today with a 7% decline. Total crypto market capitalization has not moved since Friday morning and is still at $208 billion. The daily lows are getting shallower though so it could get back over $210 billion during Euro and US trading today. Since last weekend markets have climbed 3.5% but they are still very flat. FOMO Moments is a section that takes a daily look at the top 20 altcoins during the current trading session and analyses the best performing ones, looking for trends and possible fundamentals. The post Cryptocurrency Market Update: A New Brave Browser Boosts BAT appeared first on NewsBTC.

25 days ago

Bitcoin Sheds 5 Percent Triggering a $14 Billion Market Dump

As at 01.09 UTC, Bitcoin began shedding some of its recent gains to trade below $6550. Within half an hour, it had dropped by an additional $244 to trade at $6,305. In the past 24 hours, it lost 5% triggering a cascading effect of price drops in the cryptocurrency and equity markets. Most of the top 100 coins followed suit, crashing spectacularly. Ethereum plunged by 9% to trade at $206. Bitcoin Cash dropped 11% while XRP lost 9.7% to change hands at $0.428. IOTA, TRX, and NEM lost more than 9%. The total market cap is just above $200 billion having dumped $14 billion. Aeternity is the only coin that had defied the drop. It had gained 7.7% to trade at $0.19. (KE)

a month ago

Joe Crypto: Is Bitcoin Holding Us All Back?

It’s another muggy, close and humid day on the market as the pressure continues to build, but the crypto world is being physically restrained right now as Bitcoin wrestles with resistance points ranging from $6,500 to $7,000. Until Bitcoin conquers these demons, most of the market will stay mired in minimal gains and losses. From $219.31 billion at 3PM EST yesterday to $217.77 billion today, the market was basically treading water. That leaves us looking for a few standout stars. The encouraging part is that the real chargers of the moment tend to have real news, developments and technical achievements driving their coin price. So let’s take this as positive news, rather than staring blankly at flat charts. Loom Network Bears Fruit The big winner today was an altcoin in the relative depths of the Top 100. Loom Network didn’t bother with the white papers and the theory, it simply delivered a dApp scaling solution for Ethereum. A simple update on September 14th, a Medium post detailing the company’s Q3 roadmap, has put the company back in the news and the coin has made stealthy gains all month before taking off today. A month ago the market cap was at a low point of $38.34 million. Now it sits at $90.86 million. It has been dubbed the ‘EOS of Ethereum’ and its Delegated Proof-of-Stake (dPoS) consensus means it has potential to become an Ethereum equivalent to Rootstock. Loom Network is tightly focused on video games and gambling on the blockchain with a sidechain arrangement. The company took the Loom Unity SDK on tour and gave developers a chance for a hands-on meeting. Games developers are starting to see what the blockchain can do for them and Loom Network has positioned itself in a lucrative space. In the last month, it has been in the press and is increasingly being talked of as the gambling blockchain. If it can secure even a small slice of that $51.96 billion industry, Loom Network’s current 78th place on CoinMarketCap and $83.96 million market cap will be a distant memory before long. Aeternity One For The Ages? Higher up the charts in 32nd place, Aeternity bucked the market trend and added 16.91% to its token price. Last week’s deal with LimeChain and the recent link-up with cryptocurrency exchange DSTOQ are just two of the developments that sent Aeternity on a charge this last week, reaching a market cap of $294.76 million. Hailing from the tiny European nation of Liechtenstein, it’s a blockchain with a lot of similarities to Ethereum. Yanislav Malahov played a part in Ethereum and he’s the main man behind this scalable smart contracts platform. Oracles help modify and track smart contracts, and the wider world is starting to buy in to the idea. In the last month, the coin has made steady upward progress in a turbulent market. So, it could be one to watch for the long term. Eternal Plays The Long Game Eternal had a good day in the office, too, hitting a 12.03% increase over the last 24 hours while the big guns all chalked up losses. Eternal jumped more than 640% in a single week back in August and this is relatively small in comparison. But it’s all progress. Pundi X made the first blockchain phone call and its coin price responded with a 9.98% rise to $0.0017 and the market cap hit $212.43 million. At the XBlockchain Summit in Bali, Pundi X showed the blockchain communications technology in full effect, with the first phone call on a device which needs no centralized carrier. This is big news, and if the tech works then a 10% boost in the coin price will be the warm-up. Digitex Futures Gears Up To Go Live Right down in 98th place, Digitex Futures had a day to remember with an 11.57% boost in its token price. It’s aiming for commission free trades on Bitcoin, Litecoin and Ethereum futures, and its tech goes live in Q4. But the buzz is building and Digitex Futures is turning into an outside bet. The biggest loser of the day was Maker, but that coin has been on a charge for so long that we won’t read too much into today’s slip of 12.51%. It’s more of a correction, while Bytecoin’s 5% loss was actually an improvement on yesterday, when Binance announced it would delist the coin. Static at the Top The biggest concern is the top of the table, where only three of the top 20 coins increased in value over the last 24 hours. Even they only managed fractions of a per cent and they make up the vast majority of the cryptocurrency market. Really, we’re stuck watching Bitcoin as it goes through an existential crisis and decides just where it belongs in the world. If it can puncture these resistance points and break $7,000, then the market might look like a very different place. The author is not invested in any digital currency. The post Joe Crypto: Is Bitcoin Holding Us All Back? appeared first on Crypto Briefing.

a month ago

Aeternity Price Aims for $1.25 as Traders Explore Altcoins for Profits

It is evident the current cryptocurrency momentum will make this Wednesday anything but pleasant to enjoy. More specifically, there is so much red across the charts, it becomes easy to overlook the coins going in the green. One of those coins is Aeternity, a cryptocurrency which many people tend to overlook. Aeternity Price is on a Tear Even though Bitcoin’s negative price momentum usually drags all altcoins with it, Aeternity shows things can be done differently. This particular altcoin notes some of the strongest gains in the top 100, despite not being a low-cap altcoin by any means. With its total valuation of nearly $286m, Aeternity has grown quietly behind the scenes without attracting a lot of attention. That situation might come to change fairly soon, especially given these current changes. The Aeternity price is up by over 12% in the past 24 hours, courtesy of 14% gains over both Bitcoin and Ethereum. If these trends keeps up, things will get very interesting for AE holders moving forward. All of this is achieved with $15.4m in trading volume, which primarily stems from and Binance at this time. A very interesting market to keep an eye on, for obvious reasons. Finding the exact reason for this Aeternity price rise is not all that easy. Although there is some excitement regarding the video recorded during the BlackSeaChain conference of 2018, it might not necessarily warrant this AE price increase. At the same time, it also shows the project’s team is quite intent on ensuring the word gets out about Aeternity, which is always a smart idea. ¿Ya descubriste la serie de videos #BlackSeaChain2018 de @Quanterall? Philipp Klein y Ray Jacobs de @apeunit muestran cómo #aeternity está tratando de hacer que la experiencia del usuario de sus #aepps sea lo más perfecta posible. Mira el video aquí: — æternity Español (@aeternityesp) October 9, 2018 Regardless of the reason behind this latest price rise, it is evident traders are quite happy with the way things are going right now. CRACKadabra explains how the Aeternity price has progressed nicely and seems well underway to keep going up as more time progresses. Although this current increase is very steep, a correction might not be forthcoming for a little while. AE (Aeternity) semua TP terpenuhi dengan sempurna AE (Aeternity) TPs reached perfectly #CRACKadabra #invesment #profit #completed #perfect #bitcoin #btc #altcoin #cryptocurrencies #trading #tp #takeprofit #AE #Aeternity — CRACKadabra (@CracKadabra) October 10, 2018 Last but not least, Bobcat Crypto is at it again by confirming the buy signals and positions to close regarding Aeternity. A healthy 15% profit has been noted from a trade opened just a few days ago, further indicating this current uptrend was bound to happen at this time. At the same time, this appears to signal the bull run could be on its last legs. BUY trade for $AE (Aeternity) opened on 10/4/2018 4:26 PM has been closed at a PROFIT of 15%. Trade opened on Binance ( at BTC 0.00016033. Trade closed at BTC 0.00018438.#AE #Crypto #Cryptocurrency #Binance #Aeternity — Bobcat Crypto (@BobcatCrypto) October 10, 2018 As is always the case in the world of cryptocurrency, strong gains are usually followed by even steeper corrections. In the case of Aeternity, it is very likely this trend will not remain in place for more than a few hours. At the same time, the current value of $1.23 can trigger another wave of buying by speculators and push the price higher in the process. The post Aeternity Price Aims for $1.25 as Traders Explore Altcoins for Profits appeared first on NullTX.

a month ago

DSTOQ consults the Oracle: aeternity may beat Augur

Blockchain-based data feeds will now be used to inform securities traders. DSTOQ, a decentralized stock exchange on the stellar protocol, recently announced a partnership that would integrate data from aeternity’s decentralized oracles directly to the trading platform. The partnership would allow DSTOQ’s traders to view key data—like latest price movements and global news—on DSTOQ’s app. The post DSTOQ consults the Oracle: aeternity may beat Augur appeared first on Crypto Briefing....

a month ago

Aeternity Partners With LimeChain To Promote Blockchain

Blockchain startup Aeternity has announced a partnership with LimeChain, for the development and promotion of Blockchain applications. LimeChain is a Blockchain development and consulting company. Aeternity will work on a protocol level, while LimeChain will work towards application development. Aeternity (AE) is currently priced at $0.9629, losing 11.70% in the last 24 hours. (VS)

2 months ago

Aelf Updated its Progress Report from Aug 20th-Sept 2nd

Alef has updated its progress report from Aug 20th-Sept 2nd, and the project updated its progress on main chain development, team building, project cooperation, marketing, and community, as well as media cooperation. The major highlights of its progress show on Network, Inter-chain Communication, Cluster, and Tests. It is also reported that Async Capital, a hybrid digital fund, officially joined the Aelf Innovation Alliance. According to the co-founder and COO of Chen Zhuling, the company is currently aiming to solve the problem of poor blockchain scalability. Alef is dedicated to building the public chain for the future business based on blockchain technology. (RL)

2 months ago

Bitcoin Stable Above $7,200 As Alts Bleed Out

After crossing $7,000 last week, Bitcoin has slowly managed to creep above $7,200 and has been stable. With the recent gains, Bitcoin shorts saw a new spike today, going up by more than 50%. This is the first time that an increase of 10,000 BTC shorts was seen in a span of just 3 hours. However, there are no indications of Bitcoin's price falling down yet. Alts on the other hand, with low volume, have suffered losses. Tokens like ICON, Ontology, Aelf, WaltonChain, and 0x are bleeding out and some of them have even seen double-digit losses. (VS)

2 months ago

CryptoDredge Mining Software Updates To Support New Algorithms

CryptoFredge, popular mining software for Nvidia GPUs has announced an update to version 0.9.0. The new version comes with a bunch of bug fixes and new mining algorithms. Some of the supported algorithms are CryptoNight V7 (Monero, Aeon), CryptoNightHeavy, and CryptoNightFast. CryptoDredge is available for both Windows and Linux, and comes with a 1% developer fee. (VS)

2 months ago

Man Who Took Loan To Invest In Crypto Is Now Paying For It

It is not always a great idea to take loans and invest in markets. Especially in cryptocurrencies, which is extremely volatile. But one French expat in the UAE learnt it the hard way. He took a $100,000 loan when the market was at an all-time high late last year. However, the market tumbled after that. As a result, he now has to pay two-thirds of his monthly salary to the bank for the next three years. (VS)

2 months ago

A Lawmaker in South Korea Suggests for Special Cryptocurrency Zone for Initial Coin Offerings

As per Business Korea report, the leader of Bareunmirae Party, Jung Byung-guk has come up with a new proposal for ICOs. According to Byung-guk, there should be special cryptocurrency zones for ICOs. These regulations have come up despite the ban of tokens in the country. The lawmaker proposes an area designated for blockchain which will be free from regulations. The lawmaker hopes other nations will embrace these suggestions. (KE)

2 months ago

Israel Set to Roll Out its First State-backed Cryptocurrency

Jerusalem Post on 26th of August announced that Israel is seeking to launch its state-backed cryptocurrency as a solution for tax evasion in the country. The idea was brought forth by both Tel-Aviv and Jerusalem's authorities. The bank of Israel together with the Ministry of Finance in the country are reported to be looking into rolling out the states own digital currency in its bid to fight tax evasion. Israel appears among the top ten as a home for crypto and a country with most fertile innovators of the blockchain. (VK)

2 months ago

Study: Bitcoin Price to Surge and Reach $98,000 Over the Next Five Years

A study conducted by Satis, an ICO advisory firm, found that Bitcoin could prospectively reach $98,000 in the next five years. According to the report written by Sherwin Dowlat and Michael Hodapp, Bitcoin (BTC) will reach $96,000 by 2022. Monero (XMR) and decred (DCR) will also see an upswing with XMR hitting $18,000 and (DCR) reaching $535. BCH, XRP, and ETH are expected to nosedive. The report adds that the value of crypto assets required to sustain the economy will increase from roughly $500 billion in 2019 to $3.6 trillion by 2028. (KE)

2 months ago

South Korea's Jeju Island Appeals To President For Allowing ICOs

After South Korea completely banned ICOs, the governor of Jeju island is hoping to turn his autonomous region into an Initial Coin Offering (ICO) free zone. At a recent meeting with President Moon Jae-in, Governor Won Hee-ryong once again pitched his plans. The governor plans to convert Jeju island to a blockchain special zone, like Zuk in Switzerland. Both domestic and foreign blockchain companies will be able to conduct their business within the province. (VS)

2 months ago

Dubai to Host BIISUMMIT on October 22nd, 2018

The blockchain Innovation and Investment Summit (BIISUMMIT) is set to happen on October 22nd in the UAE, Dubai. The event is termed one of the largest in the middle east and focuses on blockchain investment and ICOs. In attendance will be world class ICO speakers and advisors among them; Sally Eaves, Roger Ver, and Simon Cocking. The event will see more than a 1000 Dubai, and middle east high-end investors and delegates attend. The event reportedly will feature presentations on case studies about the forthcoming and continuing projects based on blockchain tech. The summit has been said to be the driver of "unmatchable business development opportunities." (VK)

2 months ago

Up Next Bitcoin $10,000, Says Genesis Trading

With the bitcoin price holding above $7,000, traders want to know if the gains are sustainable. Michael Moro, who is at the helm of Genesis Trading, says the bull market is here to stay. He pointed to the recent rejection of the bitcoin ETFs by the U.S. SEC, which didn’t trigger a market sell-off like it normally does. The bears are “out of steam.” He believes bitcoin $10,000 is next, and the catalyst is “slow and steady growth” coupled with trading volume. (GT)

2 months ago

Bitcoinist Partners with CoolWallet S

CoolWallet S has announced its collaboration with Bitcoinist. CoolWallet S supports LTC, ETH, BTC, XRP, and ERC 20 based tokens. CoolWallet S can be supported by Android and iOS phones. The CEO of CoolBitX Michael Ou has stated that the partnership will enable them in educating the crypto community about the wallets security. Further, CoolBitX has organized a giveaway where it will give CoolWallet S devices to individuals. (SK)

2 months ago

Israel May Adopt National Cryptocurrency to Curb Tax Evasion

Reports have emerged that the Israeli government is exploring the creation of a national currency. The country’s Finance Ministry and Central Bank believe the national currency (digital shekel) will help in combating tax evasion. If created, Israel will join a long list of countries including Venezuela and Canada to adopt a state-backed cryptocurrency. Venezuela’s oil-backed Petro was created to deal with the country’s looming hyperinflation. (VK)

3 months ago

Former Bank of America VP: Blockchain Patents are Meaningless

To date, Bank of America (BofA) has filed nearly 50 patents connected to blockchain technology and just last week the bank updated a 2014 patent to for an online cryptocurrency storage system. With that said, in somewhat peculiar news, former BofA Vice President, Michael Wuehler, issued a tweet where he described the patents as “meaningless”and only designed to stir up press coverage that will make the bank look innovative. Wuehler said, “My name is on 8 of the 50 Blockchain patents filed by BofA and from my perspective they are meaningless other than making the press releases and public perception of innovation.” (RS)

3 months ago

ICONLOOP: A Participant in this Year's Cultivate Innovative Youth Talents

ICONLOOP has shown their excitement for being selected as one of the participants of a project dubbed "Cultivating Innovative Youth Talents 2018." The project has been brought forth by Korea Institute for information $ communications Technology Promotion together with Korea Ministry of Science and ICT. The project is meant to strengthen technologies competitiveness in the nation along with giving a solution to the problem of youth unemployment via cultivating 5400 youth talents. ICONLOOP will be offering a 6-month intensive curriculum for information security and multi education to students at the University of Baekseok. 25 students who will be selected for blockchain specialist training Course will get employed by ICONLOOP. (VK)

3 months ago

Pixel BCH Wallet Allows Users to Send BCH Using a Picture

The Pixel team has launched the Pixel Bitcoin Cash (BCH) wallet. The innovative wallet enables users to send BCH tokens through a picture. The wallet, which is already available on Google Play Store, uses the AES256 encryption technique developed by Python. Users can send a picture with an embedded BCH transaction to a receiver. The wallet has the ability to encode and decode ]information on an image. The Pixel team has announced that it will soon release the iOS version of the wallet app. (VK)

3 months ago

Israel's Tax Regime Could be Hindering Cryptocurrency Mainstream Adoption

Israel is witnessing the mainstream adoption of cryptocurrency with the state's Finance ministry officials speaking of a state-backed digital asset. The rolling out of this digital asset will reduce the number of cash transactions, clamp down on evasion of tax, and laundering of money. Taxes of 46% and 25% for cryptocurrency transactions to corporates and individuals respectively could be hindering adoption despite Israel being ranked #10 for being the most innovative globally. The leading institutional banks in the nation are leading the adoption through strategic partnerships with blockchain-based start-ups. (KE)

3 months ago

Indiegogo Allows Companies to Sell New Asset-Backed Digital Tokens

Indiegogo, one of the largest global fundraising websites, is looking to expand its cryptocurrency offering by allowing companies to sell new asset-backed digital tokens. The tokens are classified as securities, and will be issued by a real estate investment trust (REIT) called Aspen Digital. According to Stephane De Baets, founder, and president of Elevated Returns, owner of the St. Regis, "We think we have a once-in-a-lifetime opportunity to create a benchmark for what real estate tokenization looks like." He also plans to continue tokenizing properties in his portfolio if the Aspen Coin does well. (RL)

3 months ago

New Blockchain Exchange-Traded Fund backed by Walmart Surfaced

First Block Capital, which is a new blockchain exchange-traded fund and backed by Walmart, has surfaced. The company is based out of Vancouver, Canada and is currently undergoing the process of regulatory approval. According to the Chief Executive Officer of the firm, Bill Stormont, the ETF is set to be traded on Aequitas NEO Exchange in Canada next month. The similar funds in the United States, namely, the Reality Shares Nasdaq NexGen Economy ETF and the AmpliTransformationalnal Data Sharing ETF have inspired its creation. However, there existed criticism against these ETFs for charging their investors a heavy premium on holding the most basic financial stocks. (RL)

3 months ago

UAE Based Company Launches World's First Shariah Compliant Crypto Exchange Platform

On 21st August, a UAE based company ADAB Solutions announced the launch of the world's First Islamic Crypto Exchange [FICE] platform. The project aims at providing access to high-tech financial services to 1.8 billion Muslims around the planet. Most of the Muslim investors have distanced themselves from investing in digital currencies as they are not clear about whether it complies with Islamic financial laws or not. FICE states that they will help Muslims and the crypto community make transactions in compliance with Muslim norms. (RL)

3 months ago

The South Korean National Assembly Kick Started a Meeting for Blockchain and Cryptocurrency

According to Business Korea, the South Korean National Assembly has kick-started a meeting for discussing ICO regulation, cryptocurrency, and blockchain frameworks, as well as other steps to support optimal growth of the digital assets sector. It is reported that South Korea will soon release draft bills on the cryptocurrency market. Lawmakers are also reportedly working with authorities to prepare investor protection guidelines about ICO investing. Meanwhile, Korea’s minor opposition, the Bareunmirae Party expressed their support of an "Industry 4.0" spearheaded by the likes of IoT, artificial intelligence and blockchain technologies.(RL)

3 months ago

Blockchain ETF Offers Investing Solution in Household Names

A newly unveiled ETF by First Block Capital, a Vancouver-based investment firm, would allow investors to invest in corporations that are heavily involved with blockchain technology in a safe a regulated fashion. The financial product, dubbed the FCB Digital Ledger Technology Adopters ETF, will provide investors with an onramp into the blockchain industry using the firm's traditional brokerage investment accounts. The new ETF will be available on Canada’s Aequitas NEO Exchange next month. Speaking on the new product, First Block Capital’s COO, Bill Stormont, remarked: “The fund won’t rely on the blockchain sector being fashionable. You’re looking at companies that are going concerns. They don’t necessarily live or die by their blockchain investments but as they integrate them, our hope is that these kinds of names perform.” (EH)

3 months ago

aelf Is Planning For Mainnet Launch After Successful Testnet

After successfully testing aelf Testnet 1.0, the decentralized cloud computing blockchain network is now planning for the Mainnet launch. aelf testnet achieved 15,000 transactions per second (TPS) which is a big milestone for the company. They're hoping to launch the mainnet in Q1, 2019. aelf (ELF) is currently priced at $0.3636, gaining 2.62% in the last 24 hours. (VS)

3 months ago

ConsenSys Readies Israeli Debut, Hunts Blockchain Talent in Tel Aviv

ConsenSys’ Israeli debut is nearing with the countdown set for the fall. ConsenSys Israel will support local blockchain startups that are developing decentralized apps including token-fueled projects. To do this, ConsenSys is looking to bolster its operations with the addition of 30-plus blockchain developers by year-end. Hewlett Packard alum Dror Avieli will be overseeing the company’s Israeli business. ConsenSys Founder Joseph Lubin reportedly said Israel is a “hotbed” for technology innovation though it took a while for the country to integrate Ethereum. (GT)

3 months ago

Israeli Startup Is Bringing Music Streaming To Blockchain

Israeli Startup Music Messenger has announced that it is looking to launch a music streaming service using blockchain. The new project will rival other companies in the space like Spotify and Apple Music. It will come with Music Messenger Tokens (MMT), which users will be able to earn by listening to advertisements. Also, the startup will offer 90% of the proceeds to artists instead of 50% which other streaming services offer. (VS)

3 months ago

New ConsenSys Subsidiary: ConsenSys Expands in Israel

ConsenSys, a developer for blockchain software has announced the rolling out of ConsenSys Israel, its subsidiary. ConsenSys Israel is set to open this fall in a bid to give support to firms based in Israel for the building of apps that are decentralized in their ConsenSys labs. Additionally, it's looking forward to initiating projects through a token-oriented platform called the Token Foundry. Further, through its ConsenSys Solution domain, it will consult government and trading firms and through its ConsenSys academy train developers while also providing project investments via ConsenSys Venture, its venture capital arm. (VK)

3 months ago

Adab Launches Shariah-Compliant Cryptocurrency Exchange Platform

The UAE-based company Adab Solutions recently launched the First Islamic Crypto Exchange (FICE), a Sharia-compliant cryptocurrency exchange platform that employs an in-house Shariah Advisory Board (SAB) to ensure that the exchange complies with Shariah principles at all times. The platform also has plans to launch an ICO in September for its native Adab tokens, which will allow users to access the services of the exchange, and all commissions will be paid out in Adab tokens. (JF)

3 months ago

eToro Exchange Lists IOTA as Roster of Altcoins Expands

eToro, a social trading platform, has expanded its roster of cryptocurrencies. The exchange took to Twitter to announce it is listing IOTA, which is now live on the London- and Israeli-based exchange. IOTA, which is an internet-of-things-fueled project behind the Tangle technology, has been expanding its IOTA Foundation with new hires of late, including Trinity desktop wallet developer Rihards Gravis. The developments did little to lift the IOTA (MIOTA) coin, which is the No. 11 cryptocurrency based on market cap and is trading down fractionally in the last 24 hours. (GT)

3 months ago

Crypto Exchange Is Working With Regulators In Middle East After Saudi Ban

Following the sudden ban of Crypto trading in Saudi Arabia last week, crypto exchange Bitoasis is now working with other regulators in the region to make sure they'll be able to continue doing business. The exchange currently operates in UAE, Kuwait, Bahrain, Oman and Saudi Arabia. Bitoasis is hoping to educate regulators on Cryptocurrencies and help them form Crypto regulations, instead of a blanket ban. (VS)

3 months ago

Blockchain Technology Used by China Aerospace in Invoicing

China Aerospace Science and Industry Corporation, a government-backed firm, reportedly is using blockchain tech in invoicing both internally and externally making electric bills to be credible, verified and traceable. This practice has been tried in Beijing, Hubei, Anhui, and Shandong among others. Over 300,000 invoices will be added seeing the reduction of management costs. (VK)

3 months ago

Crypto Facilities Launches Bitcoin Cash(BCH) Futures

Crypto Facilities, a partner to CME group, has announced that it has added Bitcoin Cash to its list of futures products. In December 2017, Crypto Facilities had announced that it would offer the first Bitcoin Cash-Dollar (BCH/USD) futures. The move is aimed at broadening investment opportunities while also expanding the Crypto Facilities’ derivatives offering. While commenting on the development, Timo Schlaefer, CEO of Crypto Facilities, said he hopes the launch of Bitcoin Cash futures will bring transparency and liquidity to the digital asset class. (VK)

3 months ago

90% of Employees of Binance Receive Salary in the Exchange's Token-BNB

90% of employees of Binance, reportedly receive their salary in the exchange's token, Binance Coin (BNB). This news was revealed by Michael Arrington, a tech figure and managing director of Arrington XRP Capital, after his meeting with CEO of Binance, Changpeng Zhao, calling him one of the greatest "business titans" of our time. While taking a salary in cryptocurrency might seem like an incredibly risky decision, BNB has performed relatively well amid the downward pressure across the board in the cryptomarket, recording a 15% increase this year. At press time, BNB is trading at $ 10.04, up 2.21% in the last 24 hours. (RL)

3 months ago

How Hodlers Can Protect Themselves from SIM Swapping Hacks

Sim swapping as a means of hacking is on the surge, and the most recent victim is Michael Terpin who lost $24 M worth of cryptos. Industry experts in cybersecurity have provided ways that investors can use to avoid falling a victim of this. Hodlers and Traders are urged to use alternative authentication applications, to store cryptos in an exchange offline unless there is a need for a transaction, requesting for more security protections from the mobile provider, not posting a phone number online, and not boasting of crypto gains. (KE)

3 months ago

The Crypto Market Records Losses of $9 Billion in 3 Hours; Tokens Decline by More than 10%

Within three hours, the crypto market has seen a $9 B loss in its valuation caused by declines of tokens and cryptocurrencies with small market capitalizations. In the past two days, the crypto market was in the green that saw coins record positive changes of 30%-50%. Nano, Ziliqa, and Aelf had notably increased but yesterday, they recorded declines of 18%, 13% and 12.9% respectively. Other worst perfomers were Wanchain 12.23%, Nuls 11.70%, Loopring 11.44%, Bitcoin Diamond 11.29% , IOST 10.85%, and VeChain 10.39%. (KE)

3 months ago

Ukraine to use Cryptocurrency as its Financial Instrument

Ukraine is set to use cryptocurrency as one of its financial instruments following Timur Khromaev, the head of the National Securities and Stock Market Commission words that they would be submitting the bill to the parliament end of this year or early next year for considerations. Timur further said cryptocurrencies are a financial tool that cannot be taken as legal tender and that Kyiv, should come up with conditions to develop the market for crypto in Ukraine too. He had earlier on reiterated that crypto regulation had gained support from the Financial Stability Council of Ukraine. (KE)

3 months ago

China Is Looking To Use Blockchain To Fight Corruption

China has a 'fapiao' system where sellers give a legal invoice. But it was set up with 1980, and is largely inefficient and corrupt. Tax authorities of Shenzhen and a state-owned aerospace firm are now testing a blockchain solution to streamline the process. These invoices will be recorded on the blockchain, which is immutable and can be traced back. (VS)

3 months ago

CME Futures Partner now Offers Bitcoin Cash Futures

Crypto Facilities recently announced that a Bitcoin Cash (BCH) futures product will launch at 4PM BST on Friday, August 17. The group made media ripples when it partnered with CME Group for the development of the original Bitcoin Futures in December 2017. Crypto Facilities explained that the addition was representative of BCH’s heavyweight status as a “top five coin” and CEO Timo Schlaefer suggested that “we expect our new contracts to spur the evolution of the crypto markets by bringing greater liquidity and transparency to the digital asset class.” (RS)

3 months ago

Maerki Baumann Starts Accepting Funds Generated from Investors'Crypto Activities

Maerki Baumann, a Swiss bank has announced that it would be accepting FIAT from cryptocurrency activities by investors. It will become the second in the country after Falcon Private Bank to offer these services. They came to this decisions after they realized a majority of people resorted to going past the border to seek these services from Liechtenstein's Bank Frick. Maerki Baumann, have come forth to offer their customers with financial experts. (VK)

3 months ago

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