DxChain Token DX

Market Cap $ 2.706 MM (#461)
24h Volume $ 110.438 K
Chg. 24h: -14.30%
Algo. score 3.0/5  (#563)
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DxChain Token News

Please disregard a report and rating on AdEx published by in...

Please disregard a report and rating on AdEx published by info.binance.cо. This website is spoofing a legitimate… https://t.co/8fjtaN9uJX

a day ago

Africa and the Middle East: Crypto and Blockchain News Roundup, 2nd to 8th November 2018

Africa and the Middle East Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country. South Africa South Africans turn to crypto to avoid inflation: More and more South Africans are starting to own cryptocurrencies as a means to avoid the volatility of the local fiat currency, the rand, which has fallen as much as 20% against the USD last year alone. According to a survey by Luno, a local cryptocurrency platform, more than 29% of the people surveyed owned cryptocurrencies in the country and almost 70% have heard about virtual currencies. While trading is not commonplace, it is because most see cryptocurrencies are a way to hedge against inflation and instability of the rand. While cryptocurrency ownership numbers are quite high, only 23% stated that they had used cryptocurrencies for transactions and only 12% had used them for cash transfers to friends and family. This shows that the ownership numbers have not translated to actual market penetration but only act as a buffer against inflation. Ghana Local entrepreneur calls Bank of Ghana’s attitude towards crypto “worrying”: National Banking regulator Bank of Ghana’s attitude towards cryptocurrency transactions has been termed as negative and worrying by a local blockchain entrepreneur. He made these comments after the bank repeatedly stated that blockchain is unreliable and people should stop using it. According to Eric O A Annan, blockchain innovator and entrepreneur of KuBitX, the regulator should come up with necessary regulations to mainstream the industry rather than having a defensive posture. He argues that millions of transactions are taking place through cryptocurrencies and blockchain daily. He made these comments during the first Blockchain Ghana conference in Accra earlier this week. The innovator also urged the central bank to adopt blockchain technology for efficiency and transparency. Uganda Binance signs up 40,000 Ugandans in opening week: Binance got as many as 40,000 sign ups in Uganda within its first week of opening in the country. The massive response indicates that Ugandans are ready to invest in cryptocurrencies by the thousands as it presents viable alternatives to the public. There are only two cryptocurrencies available for trading right now on Binance Uganda: Bitcoin and Ether. The country may see their use in the microfinance sector as more than 70% of Ugandans remain unbanked. Israel Bank of Israel decides against state crypto: The Bank of Israel has official decided against issuing a state cryptocurrency in the country after a government study group recommended against it. The study group was formed by the governor of the state bank and included members from different government departments, banking community and blockchain industry. The move is in line with the attitude of many other central banks towards state cryptocurrencies. Abu Dhabi Securities exchange releases blockchain paper: The Abu Dhabi Securities Exchange (ADX) has published a thought paper on cryptocurrencies and blockchain infrastructure digital assets, according to state news agency WAM. According to WAM, the paper discusses the required technical and operational criteria for setting up digital assets as well as supporting financial institutions though cryptocurrency assets. The document itself was prepared with the help of Central Securities Depositories under the supervision of International Securities Services Association. UAE is looking at blockchain technology and cryptocurrencies with excitement and now the national regulator believes that ICOs will be allowed by 2019 in the UAE market for investments. ICO regulations are currently being drafted by the Abu Dhabi and Dubai stock markets. Follow BitcoinNews.com on Twitter: @bitcoinnewscom Telegram Alerts from BitcoinNews.com: https://t.me/bconews Want to advertise or get published on BitcoinNews.com? - View our Media Kit PDF here. Image Courtesy: Bitcoin News The post Africa and the Middle East: Crypto and Blockchain News Roundup, 2nd to 8th November 2018 appeared first on BitcoinNews.com.

a month ago

Abu Dhabi Securities Exchange Releases Thought Paper on Crypto Assets

Abu Dhabi Securities Exchange (ADX), in collaboration with Central Securities Depositories and with support from International Securities Service Association (ISSA), recently released a thought paper containing infrastructural guidelines for distributed ledger technologies, and issuance of cryptocurrencies, reports the Emirates News Agency on 6 November 2018. In an attempt to provide clarity on the technical and operational standards required for the issuance of cryptocurrencies, ADX designed the thought paper as a sample protocol to form a framework guiding financial institutions who want to transit back and forth between traditional financial assets and cryptocurrencies. The securities exchange, having 69 traditional Emirati companies listed already, continues to drive towards innovation to achieve the fintech pinnacle. This was clarified in a statement made by its CEO Rashed Al Blooshi: “At ADX, we embrace new and innovative technology and are always looking to capitalize on advancements in FinTech... ADX continues its efforts to manage the transition from conventional assets to more encrypted assets, which are witnessing major and rapid development in the region.” Al Blooshi sees ADX as an important player in the regular financial markets. By leveraging its membership with the ISSA Central Securities Depositories Working Group, it plans on gaining more exposure to distributed ledger technology in order to further develop the blockchain infrastructural space. He further acknowledges that the current financial market is outdated and in need of an infrastructural overhaul and that this should be prioritized alongside incorporating standards of governance in order to keep the market whole and maintain investors’ confidence. Apart from the fintech application of blockchain, as a nation, the UAE has shown great interest in the development of other blockchain-related products and promoting the industry within its economy. In April, the UAE government launched the Emirates Blockchain Strategy 2021. This scheme is expected to help the emirate nation capitalize on the perks of blockchain enterprise by transforming 50% of government transactions into the blockchain platform by 2021. Objectively, this would help it save AED 11 billion in transactions and document processed routinely, 398 million printed documents annually, and 77 million work hours annually - in summary, save time, efforts and resources. A little further down the year, the UAE began showing interest in initial coin offerings (ICO), when its national securities regulator hinted on plans to open up its capital market to ICOs. Rigorous regulatory exercises accompanied this intention since ICOs, according to the Board of Emirate Securities, are now considered as securities. Follow BitcoinNews.com on Twitter: @BitcoinNewsCom Telegram Alerts from BitcoinNews.com: https://t.me/bconews Want to advertise or get published on BitcoinNews.com? - View our Media Kit PDF here. Image Courtesy: Pixabay The post Abu Dhabi Securities Exchange Releases Thought Paper on Crypto Assets appeared first on BitcoinNews.com.

a month ago

Abu Dhabi Securities Exchange to Create Infrastructure for Cryptocurrency Assets

The Abu Dhabi Securities Exchange has released a paper aimed at creating the infrastructure necessary to accommodate transactions with cryptocurrency-based assets and facilitate the implementation of distributed ledger technologies in the emirate. The platform wants to support financial institutions in their efforts to introduce services related to innovative investment instruments. Also read: Professional Course Prepares Russian Lawyers for the Cryptocurrency Industry ADX Shares Views on Cryptocurrency Regulation The paper, in which the Abu Dhabi Securities Exchange (ADX) sets out its views on a regulatory framework for cryptocurrencies and digital assets, has been produced in cooperation with the emirate’s Central Securities Depository. The organization has been tasked with examining the phenomenon and participate in the creation of a safe and efficient environment for both the issuers of these assets and potential investors. The document has been prepared under the auspices of the International Securities Service Association. According to a report by WAM, the state-run news agency of the United Arab Emirates, the exchange has been working to identify the “technical and operational criteria required to issue cryptoassets,” as the new asset class is seeing rapid development in the region. ADX also wants to provide a reliable reference for financial institutions trying to manage the transition from traditional assets to cryptocurrency-related instruments. Abu Dhabi to Upgrade Market Infrastructure Commenting on the release, the chief executive of ADX, Rashed Al Blooshi, noted the importance of upgrading Abu Dhabi’s existing financial market infrastructure. He also highlighted the need to incorporate comprehensive standards of governance within traditional systems in order to improve the quality of the infrastructure, prevent market fragmentation and increase investor confidence. “Financial market infrastructure plays a pivotal role in supporting crypto markets, offering investor protection, preventing market fragmentation, as well as making it possible for financial institutions to provide advanced services in the field of cryptoassets,” Al Blooshi pointed out. He added that ADX is embracing innovative technologies and is constantly looking to capitalize on fintech advancements, particularly those regarding cryptoassets. The exchange is trying to optimize the benefits offered to its investors and stakeholders, the executive said. In recent years, the region of the Arab Peninsula has been opening up to cryptocurrencies and related products and technologies. In January, the Abu Dhabi Global Market, an international financial center located in the heart of UAE’s capital, announced the adoption of a regulatory framework for cryptocurrency activities such as those performed by trading and custodial platforms. This past September, the UAE Securities and Commodities Authority approved a plan to adopt regulations for initial coin offerings (ICOs). The watchdog recognizes the issued tokens as securities. The launch of the first cryptocurrency exchange registered in the United Arab Emirates has been announced this week. What do you think of ADX’s regulatory initiative? Share your thoughts on the subject in the comments section below. Images courtesy of Shutterstock. At Bitcoin.com there’s a bunch of free helpful services. For instance, have you seen our Tools page? You can even lookup the exchange rate for a transaction in the past. Or calculate the value of your current holdings. Or create a paper wallet. And much more. The post Abu Dhabi Securities Exchange to Create Infrastructure for Cryptocurrency Assets appeared first on Bitcoin News.

a month ago

Team AdEx is back at the office, ready to BUIDL. We'd like t...

Team AdEx is back at the office, ready to BUIDL. We'd like to thank the organizers or @EFDevcon and all of the love… https://t.co/pAaxhhQf9i

a month ago

We're giving away ADX token bounties during Devcon4! Here's ...

We're giving away ADX token bounties during Devcon4! Here's one where you can win some ADX by simply tweeting a pic… https://t.co/vgNAmgA06c

a month ago

Eddie the Moonicorn is hitting Prague for Devcon4 together w...

Eddie the Moonicorn is hitting Prague for Devcon4 together with team AdEx - what should we do while we are there?… https://t.co/PFcH6PW3Mq

a month ago

The AdEx team is attending Web3 Summit in Berlin today - fin...

The AdEx team is attending Web3 Summit in Berlin today - find our CEO Ivo Georgiev or our PR manager Helena Flack i… https://t.co/kaVjI4YrFf

2 months ago

The cat (errr... the doge?) is out of the bag: AdEx is a Ser...

The cat (errr... the doge?) is out of the bag: AdEx is a Serenity level sponsor of Devcon4! Hope to see you in Prag… https://t.co/aL4r2EdNgd

2 months ago

Ethereum’s (ETH) Annual Developer Conference Is Less than 2 Weeks Away

The annual Ethereum (ETH) DevCon for this year will be held in Prague, Czech Republic, from the 30th of October till the 2nd of November. The conference is where Ethereum based designers, developers, researchers and artists meet. It is a family reunion hosted by the Ethereum Foundation to further educate and empower the Ethereum community to build more and better decentralized applications. Increased Community Participation at this Year’s DevCon Back in late July, the Ethereum Foundation introduced a more participatory and all-inclusive program for the event this year. Ethereum community members were allowed to apply to participate in the following activities during the event: Give a presentation: Participants to give a 5-minute lightning talk or a 20-minute presentation on the topic of their choice Lead a workshop: Participants could teach people to do something. Such an activity would be 2 hours long and participants should help their audience “get their hands dirty” by either writing code or learning to tell stories Host a breakout room: You could be creative and come up with your own programming for Devcon4. You could host dapp design critiques, facilitate a conversation, do live security reviews...just to name a few Applications have since been closed to allow ample time for the Ethereum Foundation to organize the event appropriately. Sponsors and Supporters The Ethereum Foundation has since published a list of Sponsors for the event. The sponsors are further categorized into 6 tiers to provide support in significant and impactful ways. A few of the sponsors include: AdEx, Blockchain Asset Ventures, Blockfolio, ShapeShift, SingularDTV, Ernst & Young, Golem, Microsoft, Energy Web Foundation, just to name a few. A new support tier of Scholarships and Grant supporters has been added to help bring new talent into the space. The grants and scholarships will provide support for academic programs for students on their way to becoming experienced developers. Conclusion This year’s Developer conference is particularly important for the Ethereum project and community, given the underlying issues of scaling the platform as well as coming to a consensus on the Constantinople upgrade. What are your thoughts on the Ethereum Developer Conference? Are you attending the event? What are your expectations? Please let us know in the comment section below. The post Ethereum’s (ETH) Annual Developer Conference Is Less than 2 Weeks Away appeared first on Ethereum World News.

2 months ago

Congrats to team VR3 who won the AdEx challenge at the Block...

Congrats to team VR3 who won the AdEx challenge at the Blockchain Summit LATAM hackathon. They did a great job plus… https://t.co/M4FZ9naZDa

2 months ago

We have been mentioning @cosmos and @polkadotnetwork in the ...

We have been mentioning @cosmos and @polkadotnetwork in the context of the AdEx protocol for a while now; here is m… https://t.co/qJJfApiHXq

2 months ago

How blockchain actually disrupts industries

The ubiquitous blockchainization is actually a thing. The technology which was implemented about a decade ago to underpin a system of decentralized transactions we call Bitcoin has already taken its foothold in a multitude of industries from gaming to healthcare and cybersecurity. In 2017 alone, dozens of blockchain-driven projects have emerged, and while some of them did not make it, others have proven themselves viable in their respective niches. The reasons why blockchain technology is applicable almost everywhere are quite simple. In this information-driven age, there is hardly any industry that does not extensively use databases. However, centralized solutions are often prone to hacking as they have a single entry point, and therefore are more prone to security vulnerabilities. Blockchain, thanks to its distributed architecture, doesn’t have all those shortcomings of centralized databases and offers utter accountability, and immutability. While applying blockchain in finance seems to be pretty much obvious, given the tech’s intended appropriation in the first place, projects from many other industries have also embraced its promise. And some of them play in big leagues now. Finance Cryptocurrency projects aside, blockchain has sparked interest in companies that are better described as traditional. Banks and financial services companies, while being quite cautious about new promising technologies, proved to be quite happy to jump on board the innovations train with Ripple, one of the most famous blockchain-related financial companies to date. Often seen in the cryptocurrency community as a sellout, Ripple has garnered different opinions throughout the years of its operation. However, the list of its partners, which includes giants like Santander, UniCredit, and MoneyGram cannot fail to impress. Today, Ripple remains distributed tech’s best shot at becoming a legitimate part of the global financial system. Insurance Hand in hand with finance, the insurance industry is also vulnerable to database breaches. Other problems inherent in insurance are fraud and customer management issues. While the industry is yet to see a solution that could rival Ripple’s effect on international finance, there are numerous other platforms that offer running insurance on decentralized ledgers. One of them, Etherisc, as the name suggests, uses Ethereum infrastructure to create decentralized applications insuring particular risks like flight delays, health, or even crops. The company intends to create an insurance marketplace to capitalize on the risks and insurance-related services. Real Estate Just like any other industry, a real estate has its own risks. It involves too many people, from construction workers to real estate brokers, and has seen lots of ups and downs, including halted construction, property issues, and so forth. Blockchain seems to be a perfect fit for the industry, especially when it comes to dealing with complex ownership issues. However, there are numerous regulatory and legal problems with blockchain that need to be addressed so that startups in the industry could go big. Propy is one of many other blockchain-based startups that seek to revolutionize the real estate market and the way it operates. The project is working with governments to issue title deeds in a timely and cost-effective manner. It also provides potential buyers with comprehensive information about the listed property, such as air pollution, noise, and many more. Recently, Propy facilitated the US’ first real estate deal recorded in Ethereum blockchain. Thanks to the technology’s inherent immutability, this can make any dishonest behavior with respect to real estate virtually impossible. Advertising Advertising, especially in the digital medium, is among the most profitable industries in the world. However, the complexities of market fragmentation, various jurisdictions, privacy concerns, and of course massive frauds make these waters extremely troubled while leaving most parties involved in the process less than satisfied. There are many projects that seek to tackle some or all of these issues in some way. One of the most prominent blockchain-powered solutions in this area is AdEx, an ad network that claims to bring blockchain’s transparency and trustworthiness to digital advertising. Last year, it was the first ever blockchain project to strike a deal with a mainstream media company, Ink, which focuses on travel media. Today, AdEx’s blockchain-powered ad network is operating in beta. Entertainment When it comes to entertainment, the most plagued issue is copyright infringement. Publishers, producers, and creators lose millions because of piracy. However, on the other end of the leash, regular users cannot often access the content they want legally and therefore have to opt for less legal methods. Trying to solve this issue is White Rabbit, one of many blockchain-powered projects focused on entertainment. While other projects in t

2 months ago

Top 3 Blockchain Projects That Change Ads We See Online

Blockchain has spread its wings over lots of industries, from gaming to insurance. Still, one of the industries that arguably needs the technology’s features more than others is digital advertising as most of its problems go down to insufficient accountability, lack of transparency, and high susceptibility to fraud - in a word, everything that blockchain can easily solve. No wonder that there are numerous projects that work on creating a solution to that plague. Most of them, however, see the solution differently, and focus on different things. While it can eventually lead to an unnecessary fragmentation of already heavily divided market, it still creates healthy competition, which is economically sound in the long run. But anyway, what exactly do blockchain believers offer to the advertising industry? AdEx AdEx is a decentralized ad exchange that raised $10 million over just 3 hours into their ICO back in June 2017. The platform’s creators claim that it can “disrupt and replace” the traditional advertising in digital media by enabling direct collaboration between advertisers and publishers. The platform claims that it can ensure 100% monetization of ad traffic while providing clear and transparent reporting, connecting advertisers to publishers around the globe, minimizing ad fraud risks, and asking no fees in return. Notably, AdEx already offers a beta version of the platform, and welcomes advertisers and publishers to try it. BAT BAT, or Basic Attention Token, is one of the first solutions offered by blockchain startups in the realm of online ads. It is a digital currency that underpins Brave, a pay-to-surf web browser. It monitors user interaction with websites in order to tailor ads to a specific audience and make them actually interesting. The tokens are payable to users for viewing ad integrations or visiting relevant websites. Being one of the first attempts to create a blockchain-powered ecosystem for advertising to garner serious media attention, this solution still has certain downsides. The most obvious of them is the use of cryptocurrencies, which are still beyond the conceptual grasp of wider audiences, and pariahs to most serious businesses. Additionally, the solution requires one to install special software, and generally isn’t very time efficient. AdShares AdShares offers a decentralized marketplace for ads that can be bought and sold in a transparent fashion. Other advantages of the platform include “more liberal” moderation, which means that censorship rules there are pretty mild. However, while it all looks pretty good, AdShares suffers from the same problem as its peers: all transactions on the platform can run exclusively in its native tokens, which can potentially scare away lots of potential customers who aren’t ready or willing to deal with cryptocurrencies. Conclusion The blockchain industry itself is still pretty young, and suffers from most problems typical for any other nascent industry. When it comes to advertising, most blockchain-powered projects have the biggest downside in the eyes of the big league companies: they use cryptocurrencies which are yet to garner any mainstream recognition. This conceptual issue aside, their solutions hold a great promise, and are likely to evolve into something bigger the next decade. Digital advertising industry is truly plagued by lots of problems, all of which apparently can be solved by using decentralized architecture and solutions. However, only time will tell which form this eventually takes. This is a sponsored article and does not necessarily reflect the opinions or views held by any employees of NullTX. This is not investment, trading, or gambling advice. Always conduct your own independent research. The post Top 3 Blockchain Projects That Change Ads We See Online appeared first on NullTX.

2 months ago

How To Trade Pullbacks Using RSI and ADX

Often times trading the cryptocurrency markets successfully entails following the path of least resistance. As a trader, we want to be in tune with the market whenever possible. One of... Continue reading "How To Trade Pullbacks Using RSI and ADX" The post How To Trade Pullbacks Using RSI and ADX appeared first on UseTheBitcoin....

2 months ago

Ethereum will Struggle to Climb back Above $300

Ethereum remains in bearish territory and the 4-hour chart suggests that it will not break above $202 for the near term. The most likely scenario is that the altcoin will be range-bound for the next few days unless bitcoin manages a trend reversal. The RSI continues to dip into bearish territory while the ADX and DI indicator show that even in the event of a reversal, gains above $226 are unlikely. At the time of writing, ETH is down 4.79% and the price is $190.33. (RS)

3 months ago

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