ICON ICX

$0.6867
Market Cap $ 266.067 MM (#32)
24h Volume $ 17.281 MM
Chg. 24h: -4.69%
Algo. score 3.7/5  (#96)
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ICON News

Cryptocurrency is just one of seven types of cryptoassets you should know

Two years ago, the entire cryptoasset market had a value of $9 billion. Had it been a public company, it would barely have cracked the S&P 500 index. Fewer than two years later, the cryptoasset market is $300 billion in size, roughly double the market capitalization of RBC, Canada’s largest lender. The explosion (and recent pull-back) of value in cryptoassets like bitcoin and ether has captured the imagination of developers, and the attention of the media, governments, central banks, the investing public, and regulators. It has made enthusiasts euphoric, Nobel laureates skeptical, and old-school billionaires dyspeptic. Charlie Munger of Berkshire Hathaway went so far as to call bitcoin “noxious poison.” Is there any other kind of poison? To be sure, there is a lot of hype in this market, and the industry must confront such implementation challenges as scaling technology and regulatory uncertainty. But beyond the hype and mania, something profound is happening—the creation of an entirely new digital asset class. This new asset class will transform every industry in the economy, from financial services to pharmaceuticals, media to manufacturing. Existing assets like stocks and bonds will become digital assets and new yet unforeseen assets will emerge, enabling new decentralized business models based on collaboration and clever code. Understanding the various types of cryptoassets, and the different functions they serve, is crucial to thriving in this new decentralized digital economy. In the updated version of Blockchain Revolution, we break them down into at least seven categories: Cryptocurrencies like bitcoin, the granddaddy of all cryptoassets, are instruments of exchange, stores of value, and units of account. To wit, bitcoin today holds over $100 billion dollars and supports billions a day in global transactions. Banks are taking notice, going from “bitcoin bad, blockchain good,” to “bitcoin, yikes!” JPMorgan and Bank of America are speaking openly about the risks cryptocurrencies pose to their business, and Goldman Sachs and TMX Group’s Shorcan are moving swiftly to trade these assets. Platform tokens like ether of the Ethereum blockchain, the $40 billion mega-unicorn and Canada’s most successful start-up ever, are designed to support decentralized applications that eliminate intermediaries in virtually every facet of the economy. Ethereum has also emerged as the leading platform for initial coin offerings (so-called ICOs), where a project can tap into global pools of capital. To date, over $7 billion has been raised through ICOs, 70% of them using Ethereum’s standard, ERC-20. Ethereum and its challengers, Cosmos, Aion, and ICON, will form the backbone of the next era of the internet. Utility tokens are programmable blockchain assets that have utility in an application such as Golem, which aims to aggregate the power of the world’s smartphones into a decentralized supercomputer that anyone can use to run computations in exchange for golem tokens. Think Amazon Web Services without Amazon. Security tokens are native digital bonds, equities, and other securities that trade peer to peer without financial intermediaries. Why should a stock trade settle T+3 when buyer and seller can trade directly and settle T+0 on a decentralized exchange? The Canadian Securities Exchange intends to get into this market. Others would be wise to follow. ICOs have already upended venture capital. Bay Street will be next. Natural asset tokens represent tangible goods like gold, oil, or carbon in peer-to-peer markets with real-time settlement. For example, the Royal Mint partnered with the Chicago Mercantile exchange to create Royal Mint Gold, a digital gold token backed by gold bullion in the Royal Mint’s vaults. The entire commodities market is up for grabs, as is mass-market carbon trading. Cryptocollectibles are entirely unique digital assets. Consider CryptoKitties, an app that enables users to purchase, raise, and even breed unique virtual pets. As of January 2018, Cryptokitties’ 235,000 users had conducted $52 million in transactions. Companies like Everledger and others are enabling the tracking and trading of these rare and very real collectibles on the blockchain. Crypto-fiat currencies are issued and governed by central banks. In 2017, Venezuela shocked many by announcing its launch of “the Petro,” a cryptocurrency backed by the country’s vast oil reserves. The Federal Reserve and Bank of Canada should take notice: implemented properly, crypto-fiat currencies can make markets more efficient, transparent, and inclusive, and central bank policy more responsive to crises and shocks. This Cambrian explosion of cryptoassets will precipitate one of the greatest reorganizations of wealth and transformations to the global economy in our history. This represents a second kick at the can—an opportunity to assure that everyone has the ability to benefit from the prosperity of the digital age. To truly realize that promise, h

31 minutes ago

LINE Corp Announces Exclusive LINK Listing on BITBOX Cryptocurrency Exchange

Japanese messaging app, LINE Corp, today announced that its token, LINK, was listed exclusively on BITBOX cryptocurrency Exchange. LN Trading Pairs The LINK (LN) token, according to LINE Corp is available exclusively on its cryptocurrency exchange, BITBOX. Along with LN, three other major virtual currencies are also listed on BITBOX. They include Bitcoin (BTC), Ethereum (ETH), and Tether (USDT). The company’s announcement represented an upgrade in the LINK token and also made the LN recognizable and useful in the virtual token industry. Commenting on the launch, Takeshi Idezawa, the CEO of LINE Corp, said: We’re very pleased that users are now able to trade LINK on BITBOX, which is a major step forward in our plans for creating a token economy that rewards user participation. We think it is important to promote co-creation and mutual growth with LINK while ensuring BITBOX continues to develop as a user-friendly platform that adds value to those who use it and contribute to our services. Proposed TRX Airdrop The messaging app also announced the inclusion of different airdrop events by its cryptocurrency exchange platform, to commemorate the LN listing. Bitbox will also airdrop TRX tokens to LINK token holders. Customers will receive an equal number of TRX for their LN. Furthermore, for traders who deposit TRX on the platform, they will also receive an airdrop of LINK. The company provided a website containing details of airdrop events and other limited events on Bitbox’s website. Also, the company’s cryptocurrency exchange plans to offer several LINK-based rewards, such as discounts and trading fees. LINE Betting Big on Cryptocurrency The Japanese messaging giant is not new to the digital currency scene. With a user base of about 200 million, LINE Corp has taken remarkable steps in the virtual currency space. LINK Corp, in May, inked a partnership deal with Korean cryptocurrency ICON (ICX). The collaboration could tentatively result in millions of LINE customers using the ICON blockchain platform to access dApps. The Japanese company further took a giant step by establishing its own cryptocurrency exchange, called Bitbox, in Singapore. Bitbox would offer over thirty different digital currencies, including major ones like Bitcoin, Litecoin, and Ethereum. The company further announced that Bitbox would only offer crypto/crypto market transaction. As at June, LINE Corp announced that the services of the trading platform would be available to users around the world, except the United States and Japan. In addition to its Bitbox launch in Singapore, the company added TRON (TRX) to its Bitbox exchange, through multiple trading pairs. The pairs include TRX/BTC and TRX/ETH. Image courtesy of LINE Corporation. The post LINE Corp Announces Exclusive LINK Listing on BITBOX Cryptocurrency Exchange appeared first on Ethereum World News.

a day ago

ZenSports

ZenSports is a peer-to-peer sports betting marketplace where anyone can create and accept sports bets with anyone else in the world, without the need for a centralized bookmaker. Would you like to receive the latest free Airdrop Alerts? Join our Airdropalert Telegram. ZenSports is airdropping 500 SPORT tokens (~$ 3) to the first 10,000 airdrop participants. ICO price: 1 SPORT = 0.006 USD How to join? Go to the ZenSports AirDrop form. Join ZenSports on Telegram. Submit you ICON wallet address to the ZenSports Telegram Bot. Join ZenSports on Discord. Follow ZenSports on Twitter. Follow ZenSports on Facebook. Submit your ICON wallet address and other details to the ZenSports AirDrop form. ...

a day ago

Speculation Increases for Icon [ICX] With Burn Approaching

Icon was one of the projects which many traders and investors were optimistic about at the start of the year. But Icon got swept up in the bear market with other cryptocurrencies, decreasing from above $12 in January to around $0.70 today. Talk about the project has been reignited with a number of significant events upcoming for the Icon. The project has its mainnet swap coming up where the ERC20 tokens which are currently placeholders for Icon are swapped for actual ICX tokens that will operate on the Icon mainnet. The project will also be burning 15% of tokens which many anticipate will increase the value of the project. Lastly, the project has been building partnerships throughout the bear market which may serve them well in the next bull market. Price action is currently trading near the daily 50 EMA which has been acting as a resistance point during Icon’s prolonged downswing. However, ICX seems to have reached some key support around $0.57 which it has tested numerous times and failed to drop below. ICX Daily Chart - Source: Tradingview.com ICX has formed a series of higher highs and higher lows on the hourly since the increase which has occurred yesterday across the cryptocurrency market. A bearish divergence is now occurring with price forming higher highs and RSI forming lower highs. This shows price continuing to increase despite buying pressure dropping. The MACD is also beginning to converge to the downside showing seller momentum increasing. ICX Hourly Chart - Source: Tradingview.com Key Takeaways Speculation about ICX reignites with a number of key events upcoming for the platform. Price has formed a series of higher highs since increase across the market yesterday. Bearish divergence occurring on the hourly showing price increasing to higher highs despite buying pressure falling. DISCLAIMER: Investing or trading in digital assets, such as those featured here, is extremely speculative and carries substantial risk. This analysis should not be considered investment advice, use it for informational purposes only. Historical performance of the assets discussed is not indicative of future performance. Statements, analysis, and information on blokt and associated or linked sites do not necessarily match the opinion of blokt. This analysis should not be interpreted as advice to buy, sell or hold and should not be taken as an endorsement or recommendation of a particular asset. Speculation Increases for Icon [ICX] With Burn Approaching was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2 days ago

The Internet has chosen a bizarre orange mascot named Gritty to lead the Antifa resistance

In a turn of events that can only be described as peak 2018, “Gritty”—the googly-eyed, bearded orange monstrosity who serves as the recently adopted mascot of the Philadelphia Flyers—has emerged as an icon of the left-wing, anti-fascist militant group Antifa. On Sept. 24, 2018, the National Hockey League’s Philadelphia Flyers unveiled Gritty as its “talented but feisty,” “loyal but mischievous” mascot, “a fierce competitor known for his agility.” While recent evidence suggests that Gritty is neither talented nor agile, he is most definitely fesity—to the point of threatening another team’s mascot, the Pittsburgh Penguin, “Sleep with one eye open tonight, bird.” All this has utterly won over the people of Philadelphia, who are in the grips of Gritty-mania despite the fact that he looks like a Muppet who got booted from Sesame Street for drug-dealing. Local residents get Gritty tattoos, businesses sell Gritty doughnuts and cupcakes, and online platforms from Reddit to Instagram are awash with Gritty fan accounts. And now, thanks to the Internet, Gritty has also become a symbol of Antifa and American socialism. It’s not entirely clear when Gritty first emerged as a left-wing icon, but observers point to this tweet from Jacobin Magazine on Sept. 26: Gritty is a worker — Jacobin (@jacobinmag) September 26, 2018 The tweet seems to have sparked a slew of parody Gritty fan accounts on Instagram and Twitter-the most notable of which, @FellowGritty, paints Gritty as an anti-capitalist, anti-fascist mascot. A subreddit, r/Gritty, also features memes of Gritty scaring off Republicans, killing Nazis, and encouraging public riots. The antifascist movement featured Gritty’s image at a rally against Donald Trump in Philadelphia on Oct. 2, chanting “Gritty hates Trump” outside the convention center where the president was giving a speech: More “Gritty hates Trump” chants, this time in front of the Convention Center (where the President is currently inside) pic.twitter.com/Fe8IXUNp5G — Michaela Winberg (@mwinberg_) October 2, 2018 It’s unclear why left-wing activists believe that Gritty is the perfect embodiment of their beliefs. Perhaps it’s because, as Stacey Ritzen of The Daily Dot writes, “Everyone loves an underdog.” Or maybe it’s because of Gritty’s role as a symbol of Philadelphia, a city with strong blue-collar roots. Gritty’s transformation into an Antifa icon is typical of an age where everything is politicized, according to the Wall Street Journal’s Jillian Kay Melchior. She wrote in an editorial that “in an era when everything from Nike and the NFL to your local restaurant is a political battlefield, this development is as predictable as it is sad.” But the New Yorker’s Ian Crouch was quick to counter that if the left hadn’t embraced Gritty, he might have well gone the way of Pepe the Frog: “It’s more fun to love Gritty than to hate him, and, recognizing this, the left grabbed him before the right got the chance.” And what does Gritty think about all this? It’s beside the point, according to Reddit user BrinxJob: “The man” (Muppet?) “can’t even vote as he’s likely a registered felon.”

2 days ago

The Internet has chosen a bizarre orange Muppet named Gritty to lead the Antifa resistance

In a turn of events that can only be described as peak 2018, “Gritty”—the googly-eyed, bearded orange monstrosity who serves as the recently adopted mascot of the Philadelphia Flyers—has emerged as an icon of the left-wing, anti-fascist militant group Antifa. On Sept. 24, 2018, the National Hockey League’s Philadelphia Flyers unveiled Gritty as its “talented but feisty,” “loyal but mischievous” mascot, “a fierce competitor known for his agility.” While recent evidence suggests that Gritty is neither talented nor agile, he is most definitely fesity—to the point of threatening another team’s mascot, the Pittsburgh Penguin, “Sleep with one eye open tonight, bird.” All this has utterly won over the people of Philadelphia, who are in the grips of Gritty-mania despite the fact that he looks like a Muppet who got booted from Sesame Street for drug-dealing. Local residents get Gritty tattoos, businesses sell Gritty doughnuts and cupcakes, and online platforms from Reddit to Instagram are awash with Gritty fan accounts. And now, thanks to the Internet, Gritty has also become a symbol of Antifa and American socialism. It’s not entirely clear when Gritty first emerged as a left-wing icon, but observers point to this tweet from Jacobin Magazine on Sept. 26: Gritty is a worker — Jacobin (@jacobinmag) September 26, 2018 The tweet seems to have sparked a slew of parody Gritty fan accounts on Instagram and Twitter-the most notable of which, @FellowGritty, paints Gritty as an anti-capitalist, anti-fascist mascot. A subreddit, r/Gritty, also features memes of Gritty scaring off Republicans, killing Nazis, and encouraging public riots. The antifascist movement featured Gritty’s image at a rally against Donald Trump in Philadelphia on Oct. 2, chanting “Gritty hates Trump” outside the convention center where the president was giving a speech: More “Gritty hates Trump” chants, this time in front of the Convention Center (where the President is currently inside) pic.twitter.com/Fe8IXUNp5G — Michaela Winberg (@mwinberg_) October 2, 2018 It’s unclear why left-wing activists believe that Gritty is the perfect embodiment of their beliefs. Perhaps it’s because, as Stacey Ritzen of The Daily Dot writes, “Everyone loves an underdog.” Or maybe it’s because of Gritty’s role as a symbol of Philadelphia, a city with strong blue-collar roots. Gritty’s transformation into an Antifa icon is typical of an age where everything is politicized, according to the Wall Street Journal’s Jillian Kay Melchior. She wrote in an editorial that “in an era when everything from Nike and the NFL to your local restaurant is a political battlefield, this development is as predictable as it is sad.” But the New Yorker’s Ian Crouch was quick to counter that if the left hadn’t embraced Gritty, he might have well gone the way of Pepe the Frog: “It’s more fun to love Gritty than to hate him, and, recognizing this, the left grabbed him before the right got the chance.” And what does Gritty think about all this? It’s beside the point, according to Reddit user BrinxJob: “The man” (Muppet?) “can’t even vote as he’s likely a registered felon.”

2 days ago

ICON (ICX) Increases Ties With South Korean Government

South Korea is a powerhouse when it comes to crypto markets. Things that happen in this Southeast Asian nation have big implications across the entire market and crypto ecosystem. The government’s role in shaping the future of this market is paramount and crypto projects close to that will have the edge. ICON seems to be making more progress than others in this department. In a recent Medium post the Korean crypto team highlighted its latest development and ties with the government. Firstly it emphasizes how important government decisions can be for the crypto industry with some of the world’s largest exchanges based with huge daily trade volumes. It also states that leading traditional companies are seeking to tokenize existing business models and apply blockchain technology to optimize operations. Now that Bithumb has been taken over by another conglomerate, all major exchanges in Korea are now operated by large consortiums, giving them that extra layer of security and consumer confidence. ICON has positioned itself as the leading platform in Korea focused on serving these large corporations with blockchain solutions; “Hence, the business partnerships with companies like LINE (joint venture), Samsung Electronics, SK Planet, and Smilegate. All national leaders in their respective industries,” the post added. Looking back to 2016, ICON has been the leading tech partner for a number of core government initiatives in the insurance, healthcare, customs service, and education industries. It has also received government funding from the Ministry of Creation and Science, and the Ministry of Science, ICT and Future Planning. Not many other crypto projects can claim such an accolade. In July this year ICONLOOP was selected to support national election development as the; “blockchain technology consultant for ‘Building the Next Generation Election System based on Intelligence Information Technology’, launched by the Korea National Information Society Agency and supervised by Korea National Election Commission (NEC).” Blockchain based ballot counting and voting systems will be developed with this partnership. Korea’s plans to develop Jeju Island as a blockchain hub also involve ICON as recent discussions were held by local dignitaries and the ICON team. Similar plans to turn Seoul into a major blockchain center have resulted in meetings between politicians and industry specialists. Last month ICONLOOP was selected as an operator of Seoul’s Standard Blockchain platform for the ‘Seoul Blockchain Demonstration Project,’ commissioned by the Seoul Metropolitan Government. The list goes on but it is clear that ICON and the South Korean government are heavily intertwined. Unfortunately for the team and investors ICON’s native token, ICX, has not escaped the bears this year. ICX has dropped way down the market cap chart and is currently 34th with $265 million. Today it is trading at $0.683 which is its lowest level for a year and 94% down from its all-time high of over $12. The future looks bright for ICON so now could be the best time to pick up some low priced tokens. The post ICON (ICX) Increases Ties With South Korean Government appeared first on Ethereum World News.

2 days ago

Cryptocurrency Trading Update: Crypto Market Pullback From Big Bounce

FOMO Moments Markets have receded a little from the spike; Tezos, Bytecoin and Icon still climbing. Yesterday’s big bounce has been sustained today and markets are holding their gains at the moment. The rally added over $20 billion into crypto markets initially however a pullback has seen levels drop a little. Total market capitalization is currently over $210 billion. Bitcoin has retreated a little from its daily high of almost $7,000 and is currently trading at $6,650 - the level it remained at for so long previously. BTC trade volume which exceeded $7 billion on the day has pulled back to $5.8 billion which is still almost double the $3 billion it was at 48 hours ago. Ethereum has dropped back 2% to trade at just over $210, showing a similar pattern to Bitcoin. Altcoins are a mixed bunch this morning with some pulling back and others continuing to gain. In the top ten XRP and Stellar are in the green by a percent or two, the rest have declined by a similar amount. Following a day of Tether being the only coin in the red USDT is clawing back its peg as it approaches a dollar again. It is currently trading at $0.975 according to Coinmarketcap. In the top twenty Tezos is out in front adding a further 6% on the day as XTZ gets listed on Kraken. The rest have dropped back between 0-2 percent from Monday’s big pump. Dogecoin is falling further with a 3.5% loss on the day. Today’s fomo jump in the top one hundred is Aurora climbing 15% at the moment, closely followed by DigixDAO up a similar amount. Bytecoin and Icon are also doing well today rising 8-9 percent. Taking the hit is Digitex Futures which has been pumping for a couple of days, DGTX is down 12% on the day. Eternal Token is also dropping 10% at the moment. Total crypto market capitalization is currently at $213 billion. This is up 6.5% in 48 hours but down 3.5% from yesterday’s spike which took it to $221 billion. Trade volume doubled in 24 hours but has pulled back to around $16 billion at the time of writing. Markets have held this level for the past day which could signal further upsides as the week goes on. 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 Trading Update: Crypto Market Pullback From Big Bounce appeared first on NewsBTC.

2 days ago

Meet the kererū, New Zealand’s “gluttonous and glamorous” bird of the year and your new lifestyle icon

If you’re looking for clues as to how to live your best life, nature has the answers. New Zealand’s kererū pigeon—also known as the kūkū, kūkūpa, or wood pigeon—is a “clumsy, drunk, gluttonous, and glamorous” creature that was just voted 2018 Bird of the Year in an annual competition held by Forest and Bird, a national conservation organization. nice one #kererū #BirdOfTheYear pic.twitter.com/q2Regi7BS5 — digital tox (@this_guy_spoops) October 14, 2018 This bird, distinctive to New Zealand, is a true lifestyle icon, giving Instagram influencers a run for their money. Always well-dressed—wearing green and grey feathers and a “smart white vest” as the national government puts it— it knows how to chill and how to celebrate, eats mostly fruit, can brew its own booze, and usually makes a dramatic entry. The New Zealand wood pigeon in all its glory. The kererū pigeon announces its arrival with a distinctive “whoosh” of its wings heard only in the forests of New Zealand. And sometimes this party animal gets too drunk and falls from its perch in the trees. See, the wood pigeon lives on berries, buds, flowers, and leaves, and during peak berry season, it gorges on ripe fruit, sits in the sun, and brews alcohol in its own belly until it’s so inebriated that it has to be taken to native bird sanctuaries to “sober up.” Besides serving as a role model for those of us who want to have more fun, the bird’s also got an important role in local conservation. The fate of many New Zealand forests is linked to that of the kererū, according to Forest and Bird. It’s the only surviving native bird big enough to swallow and disperse the seeds of local large fruit from the karaka, miro, tawa and taraire trees. The 14th annual Bird of the Year competition was popular but politically fraught. While 48,000 New Zealanders voted legitimately, there was also “fowl play,” according to Forest and Bird, which had to jettison the votes of 1,800 Australians attempting to get in on the elections against the rules. The wood pigeon’s successful campaign was led by Green Party member of parliament Chlöe Swarbrick. Kererū supporters emphasized the bird’s size and prodigious appetite—it grows to about 20 inches in length from head to tail feathers. The kererū earned 5,833 votes for the win, despite a celebrity endorsement from comedian Stephen Fry on behalf of the kākāpō, which earned second place. Last year’s winner was the kea, a native parrot with olive-green feathers and a splash of orange hidden under its wings. “New Zealanders have voted overwhelmingly for change and the kererū pledges to honor this groundswell of popular opinion and govern for the many.” Team Kererū campaigner Tim Onnes said in a statement thanking voters for their support. “It has been a long and arduous campaign and we couldn’t have done without [them].” Why can’t humans do politics more like birds? My @NZStuff cartoon today. #BirdOfTheYear #kārearea #kākāpō #tui #kiwi pic.twitter.com/8YlPbLnq92 — Jeff Bell (@JeffBellNZ) October 14, 2018 If you’re feeling sorry for birds who just couldn’t compete with the charms of the drunken pigeon, console yourself with this: The black stilt, or kaki, attracted 500 matches on the dating app Tinder.

3 days ago

3 Cryptocurrencies That Could Outperform Bitcoin in the Medium-Term (GO, ICX, ETH)

ICOs were all the rage at the height of the 2017 crypto bull-run. However, with over 9 months in bear mode, most individuals have forgotten about them entirely. But with catalysts piling up in the short-term, cryptocurrencies that focused on ICOs could make a come back in Q4 of 2018 with GO and ICX leading the charge. Cryptocurrencies Market Situation There are literally catalysts piling up on top of catalysts from Yale’s investment in 2 crypto funds to Coinbase having more user sign-ups this year than last. BAKKT is expected to become a CFTC-regulated exchange, founded by the owners of the NYSE. Their first and primary product is Bitcoin Futures. However, the main difference being that each future contract will have to own and hold the underlying BTC associated with the contract. Currently, futures are traded on the spot price at a specific time. This new platform creates a different market for BTC where traders must actually buy the underlying asset, namely bitcoin; hence the name ‘BAKKT’. This could lead to an immediate bull run for BTC and other cryptos as BTC’s circulating supply is consumed by futures traders. With major catalysts seeming to be coiling the crypto market spring it is important to analyze what crypto niches and specific coins may provide the highest returns once a real bull market begins. ETH was one of the last cryptocurrencies to fall holding a value over $1,000 into February, and not surprisingly ETH and other ICO related coins (NEO, ICX and GO) have recently bottomed out as well; though they’re yet to recover like some other alts. With a bull-run seeming imminent, however, GO and ICX are positioned as top candidates to produce major returns while NEO 00 and ETH 00 seem to likely lag due to their inflated market caps. GoChain (“GO”) When compared to other platforms similar to Ethereum, GoChain is second to none. Their market cap is minuscule compared to the other coins on this list giving it significant room for upward momentum. With an $18 million market cap GO is a fraction of ETH and ICX. However, this is likely because of GoChain’s unfortunate timing of having an ICO in the middle of the bear market. Even in the turbulent bear market, they were able to secure a Binance, Bittrex, and Upbit listing. So why is GO 00 superior to ETH or NEO? ETH has 13 transactions per second (tps) while NEO has 33. GO has 1300 tps. Their consensus mechanism is Proof-of-Reputation, which is vastly different than ETH’s Proof-of-Work and NEO’s dBFT. On paper, GoChain’s team is one of the most impressive in the blockchain space. Their CEO, which I’ve had the pleasure of speaking to directly, was the former hedge fund manager in charge of over $250 million in assets. Travis Reeder, the CTO, has been building infrastructure and applications for the past 20+ years. He pioneered Iron.io which pioneered serverless cloud computing and 1 million tps. Matt King is the head of Business Development and a former Harvard Undergrad and Yale Business School graduate who worked for Microsoft and Morgan Stanley. Ian Alexander, Head of Customer Success recently moved from IBM’s Hyperledger to GoChain. If this team is not impressive, there won’t be one in blockchain that ‘does it.’ Their advisory board is as impressive as their core team. However, their tech and tps are what will set them apart in the long run. GoChain has one of the 3 fastest protocols with a live mainnet in the crypto space at 1300 tps. Transferring between exchanges routinely takes less than 2 minutes. Block times are every 5 seconds with fees of $0.001 per transaction. By the middle of 2019, this number is supposed to increase ten-fold to 13,000 tps. The first 5 projects (ICOs) have been announced on the GoChain platform and each will raise capital in the form of GO tokens (remember what happened when 100 ETH ICOs all took place?). Currently, 15 dApps are built on the GoChain platform with dozens more in the pipeline. Recently, GoChain announced a partnership with Microsoft Azure to help drive enterprise adoption as GoChain is the only protocol that offers customer support services. GoChain also has their “TurboWallet” which is a P2P crypto payment system with a messaging app built by the GoChain team. Currently, the platform is deployed on Telegram and will be moving to other messaging platforms shortly. With a team that is beyond ‘stacked,’ a market that seems to be building momentum, the highest tps of any live mainnet in the ICO space, partnerships with Microsoft (and others), listings at 3 top exchanges and a market cap under $20 million. Therefore, GO could see its valuation rise, particularly if overall market sentiment starts to recover. As the bear market has been coiling the crypto spring for 8+ months, coins like GO should be targeted if you believe in the future of ICOs. In my opinion, GO is likely to post the highest returns of any crypto described on this list. ICX “The Korean Ethereum,” was a great nickname, until Korean’s stopped t

5 days ago

Bithumb Announces Super Airdrop Festival on Eve of its 5th Anniversary and its Stake Sale

The second largest exchange in the world by adjusted volume and the largest cryptocurrency exchange in South Korea, Bithumb has announced a Super AirDrop Festival- Season 2 to celebrate its 5th anniversary. Bithumb super airdrop festival, the first event under new owners According to the recent announcement, Bithumb will regularly airdrop coins worth 100 million Won ($88,500) every day and investors who participate in this festival will be allowed to buy coupons and trade via the exchange. Super Airdrop Festival STARTS NOW! Bithumb has invited you to Airdrop Event. Don’t miss out and visit [https://t.co/jcYn5XqFyK] for details. pic.twitter.com/ItPkKacDyt — Bithumb (@BithumbOfficial) October 12, 2018 The coupon cost amounts to 10000 won ($8.85) and the participants must trade for a minimum of 1 hour on the platform in order to qualify for the airdrop. The airdrop festival will begin from October 8th until further exchanges. This festival is only permitted to the top 300 traders, each operating with a different airdrop amount depending on the rank. This is not the first time Bithumb has announced an airdrop festival. In September 2018, Bithumb conducted Season 1 of its ‘Super Airdrop Festival ‘, where it refunded traders 120% of trading fees. The exchange had also set aside then a limit of KRW 1 billion per day for the refunds, which came out to KRW 167 million (USD 149,000) of rewards each day. Although this event was marred with claims of Wash Trading. Earlier in March, Bithumb announced an ICON airdrop from 21 March to 25 March specifically for members who trade in excess of 1 million Won ($885). ICON hailed as the “Korean version of the ETH” shot up massively during the airdrop period. It’s been a super interesting month for Bithumb as the exchange recently had an ownership change when the majority stake in Bithumb was sold to Singapore based BTC Global. the consortium, led by a chief plastic surgeon and avid blockchain investor Kim Byung-gun on 12 October for 400 billion won ($353.64 million). According to what is reported in some media, the airdrop is partly in celebration of the new owners. Apart from these the exchange has also added several coins to its trading services. Coins such as SALT [SALT], Raiden Network Token [REN], Enjin Coin [ENJ] and Primas [PST], Loom Network [LOOM] and BHP Cash [BHPC] were all added to Bithumb in the past few days. This airdrop festival is expected to pull some good crowd to the exchange and one can see some good volumes in the coming days at Bithumb. One can just hope this airdrop is not marred by another malicious act like the previous one was with claims of wash trading. Will Bithumb exchange scale new heights under its new leadership? Do let us know your views on the same. The post Bithumb Announces Super Airdrop Festival on Eve of its 5th Anniversary and its Stake Sale appeared first on Coingape.

5 days ago

Worst Cryptocurrencies of 2018 Have Left Some Heavy Bagholders

Tales of woe are easy to come by in the current market, in which most altcoins are faring multiples worse than bitcoin. Investors that have avoided the following projects, however, can draw some solace. Also read: US Court Issues Emergency Order Halting a Planned Initial Coin Offering This Year’s Underperforming Coins Have Fared Worse Than You Think It’s easy to find underperforming altcoins from the past 10 months of largely bearish market action. Echelons easier, in fact, than finding the handful that have weathered the storm and have appreciated in value or, at the very least, have outperformed bitcoin. Taking a magnifying glass to 2018’s altcoin dunces makes for a productive exercise; not to revel in the misfortune of others, but for educational purposes. “I bought the ‘dip’ a dozen times this year,” one Redditor complained recently. “Went down after each time.” Another remarked: “I’ve lost 95 percent of 25k and have been buying all the way down.” The “hodl” meme that prospered in 2017, helping traders through “China bans bitcoin” FUD and other negative news cycles, has largely been abandoned now that hodling has been proven to be a disastrous strategy for anyone heavily invested in altcoins. The BTFD (Buy the F- Dip) meme has also waned, as traders have learned that in many cases the dip is often merely a precursor to a series of even lower dips. Lesson 1: There’s a Big Difference Between a 90% and a 95% Loss Wanchain (WAN), one of the more established cryptocurrency projects, is down 90 percent from its all-time high (ATH). The helpful break-even multiple column provided by Onchainfx shows that WAN would need to do a 10x to reach its previous ATH. Icon (ICX) is down 95 percent in comparison. On paper, it may sound like ICX has fared only marginally worse than WAN, and yet it would take a 20x multiple for icon to reach its former peak of $12.04 per token. The worst performers of 2018 by break-even multiple, according to Onchainfx Lesson 2: Don’t Trust the Market Cap of Forked Coins Market cap, or the number of coins in circulation multiplied by price per coin, is a notoriously crude yardstick, but it’s particularly bad when it comes to forks. Coins like bitcoin private and bitcoin diamond have market caps calculated by the number of BTC holders who could technically claim the forks. But in reality, the vast majority of bitcoiners have no interest in these minority forks and will never bother to obtain them, making their true circulating supply and market cap significantly lower. Bitcoin atom (BTA), for example, has a market cap of $4.67 million. Its 24-hour volume is less than $15,000, however, and BTA is down 99.98 percent for the year to date, according to Coincodex. Another coin with a supposedly high market cap, ignis, is down 99.66 percent this year, despite technically having a cap of $30 million. Ignis has fallen so far, its yearly chart appears to be dead after March. Lesson 3: There’s No Such Thing as a Price Floor Just because an altcoin is down more than 90 percent doesn’t mean the road to (partial) recovery is in sight. Many traders racked up huge losses this year — not from buying at the top, but from buying at what they believed to be the bottom. As one trader confessed: I bought bitclave (CAT) on exchange at ICO price thinking wow a shitcoin finally at ICO ... then it went -99% on me. As one can see in Telegram channels that share the collective salt of crypto investors, everyone’s portfolio is underwater this year. It’s just that some have shipped water at a much faster rate than others. In the case of leading cryptocurrencies such as bitcoin core, bitcoin cash and ethereum, the vast majority of investors didn’t purchase these assets at their ATH. Anyone who held BTC or BCH a year ago, for instance, would still be up on their investment by around 30 percent. The markets aren’t nearly as gloomy as crypto’s worst critics would suggest — except in the case of traders who got carried away and diversified into risky altcoins and ICO tokens during peak mania. “I had a dream of making so much I could retire. I thought it was a once in a lifetime opportunity to make tons of cash and I was worried about missing out so I took a huge risk,” one investor recently confessed. “Life has humbled me. I’m an idiot.” Do you think altcoin investors will be shrewder in picking their portfolios in the future, or will the lessons of 2018 be promptly forgotten when the bull market returns? Let us know in the comments section below. Images courtesy of Shutterstock, Onchainfx, and Blockmodo. Need to calculate your bitcoin holdings? Check our tools section. The post Worst Cryptocurrencies of 2018 Have Left Some Heavy Bagholders appeared first on Bitcoin News.

6 days ago

Inside the first tuna auction at Toyosu market, Tokyo’s Tsukiji successor

Tokyo’s famed Tsukiji market, the largest seafood market in the world, closed last week after eight decades of operation. Hosting tens of thousands of merchants, buyers and tourists, the chaotic Tsukiji was an icon of fast-moving, food-obsessed Tokyo. While the stalls and restaurants in the “outer market” will remain accessible, most of the major business has moved to Toyosu market, a brand new 407,000 square foot facility a few kilometers away. Some die-hards aren’t thrilled with the new digs, for both nostalgic and practical reasons. Sellers worry the new location will result in a drop-off of business. Some are concerned about potential pollution at the new site, which used to host a gas plant. Environmental safety tests over the last year showed highly elevated levels of benzine in the groundwater. As recently as last month, some sellers were still filing lawsuits to delay the move. For others, the move to the gleaming, modern Toyosu is a blow to Japan’s culinary soul. “On a purely professional level, maybe Toyosu is better, but on a sentimental level, it’s Tsukiji ... the head says yes, but the heart says no,” Lionel Beccat, a Tokyo-based chef, told AFP. Tokyo fishmonger Toshitaka Moria put it more succinctly to the New York Times (paywall): “Dirty is best.” The most iconic sight at the late Tsukiji, the early morning tuna auction, resumed at Toyosu yesterday, as crowds of discerning fish buyers sized up the day’s offering. The ritual is traditionally a major draw for lines of bleary-eyed tourists, but few were in sight at Toyosu. The new market is still letting tourists view the tuna auction, but from the separate observation deck. Photos of the first auction show fish buyers picking up right where they left off. Sizing up the catch A prospective buyer looks at frozen tunas. A prospective buyer inspects tunas before bidding. A wholesaler checks the quality of frozen tuna. Getting down to business An auctioneer gestures during one of the the first tuna auctions on the opening day of the new Toyosu fish market. Tourists won’t be able to get a ground level view of the proceedings, instead they can watch from an observation deck above the market. The first tuna auction underway at Toyosu. Wholesalers carry tuna after the first tuna auctions on the opening day of the new Toyosu fish market. The rest of Toyosu springs to life Toyosu coming to life on its opening day. Wholesalers take part in an auction at the greengrocery area on the opening day of the new Toyosu market. A man makes a big at a fruit and vegetable auction. A fishmonger cuts tuna meat at a wholesalers’ area. Auctioneers take part in a wasabi auction. The new Toyosu market replaces the 83-year-old Tsukiji Market

6 days ago

These Tokens are the Worst Performing Cryptos in 2018: Factors and Trends

Investment consultation firm Pension Partners released an index listing the worst performing cryptocurrencies in 2018. Qtum, a cryptocurrency-backed hybrid blockchain platform, suffered a maximum 93.9 percent loss by Q3 2018. A high marketing pitch, which projected Qtum as the best of both blockchain and mainstream worlds, allowed the project to establish an all-time high token value at $82.66 in January. But eventually, Qtum project lost shine due to decreasing performance and increasing challenges. Its blockchain has seen a significant drop in the number of daily transactions, while the mining difficulty has also fallen drastically. At the press time, QTUM is trading at $3.47. NEM Plunges 91% The New Economy Movement, or NEM, began as a revolutionary blockchain project for enterprises. During early 2017, the Japanese firm received substantial financial support from local investors. NEM sold its XEM tokens at the initial rate of $0.00023107 and by the end of April 5th, 2015, the company had made its early investors a 68,537.2 percent profit. But like many other crypto assets, XEM too failed to sustain its upside and dropped squarely in 2018’s market-wide bearish bias. NEM maintains its position among the top ten cryptocurrencies market cap, indicating it has retailed market attention and belief. ICON (ICX) Drops 90% ICX, like Ether, is a crypto-native to a blockchain project called ICON and has been one of the most affected victims of the market-wide bearish sentiment. The project has everything going on for itself: steady development, a good and reliable team and an ambitious goal to interconnect difference blockchains. But regardless of efforts, ICX remains one of the most underperforming crypto assets in 2018, with a negated 90 percent return for his early investors. The ICX/USD is now trading at $0.61, much lower than its all-time high near $12. Other Tokens Cardano, Lisk, and IOTA despite their strong fundamentals have also dropped hugely in an overall bearish crypto market. While Cardano, a native token of a distributed computing platform, plunged by 89.9% by Q3 2018, Lisk and IOTA, two of the most talked-about blockchain protocol tokens, also imposed 86.6 and 87.6 percent losses on their holders, respectively. At the same time, EOS and Bitcoin turned out to be the worst-best winners, dropping the least in the market-wide crash. EOS, a close competitor of a 74.7 percent down Ethereum, dropped 33.4 percent, while Bitcoin, the leading digital currency by market cap, dropped close to 54 percent. Future Expectations The uptrend of native coins still depends on the success of their blockchain ecosystems. As of now, Ripple, Ethereum and EOS are among the most promising blockchain projects as the demand for decentralized solutions will likely grow in 2019. Many analysts believe tokens like XRP, ETH, EOS, and LTC are in bottom formation phase. Bitcoin, for instance, is already holding its downtrend at a strong bottom area below $6,000. Crypto market has found weak fundamentals in poor adoption, which again was caused by the lack of proper regulations and the failure of many blockchain projects. 2019 is considered to be a year that would bring more clarity from governments and regulators on crypto and blockchain alike. Likewise, more investments would follow suit, especially from institutional investors that are already joining crypto hedge funds, expecting a complete reverse of 2018’s bearish performance. The post These Tokens are the Worst Performing Cryptos in 2018: Factors and Trends appeared first on NewsBTC.

6 days ago

These Tokens are the Worst Performing Crypto in 2018: Factors and Trends

Investment consultation firm Pension Partners released an index listing the worst performing cryptocurrencies in 2018. Qtum, a cryptocurrency-backed hybrid blockchain platform, suffered a maximum 93.9 percent loss by Q3 2018. A high marketing pitch, which projected Qtum as the best of both blockchain and mainstream worlds, allowed the project to establish an all-time high token value at $82.66 in January. But eventually, Qtum project lost shine due to decreasing performance and increasing challenges. Its blockchain has seen a significant drop in the number of daily transactions, while the mining difficulty has also fallen drastically. At the press time, QTUM is trading at $3.47. NEM Plunges 91% The New Economy Movement, or NEM, began as a revolutionary blockchain project for enterprises. During early 2017, the Japanese firm received substantial financial support from local investors. NEM sold its XEM tokens at the initial rate of $0.00023107 and by the end of April 5th, 2015, the company had made its early investors a 68,537.2 percent profit. But like many other crypto assets, XEM too failed to sustain its upside and dropped squarely in 2018’s market-wide bearish bias. NEM maintains its position among the top ten cryptocurrencies market cap, indicating it has retailed market attention and belief. ICON (ICX) Drops 90% ICX, like Ether, is a crypto-native to a blockchain project called ICON and has been one of the most affected victims of the market-wide bearish sentiment. The project has everything going on for itself: steady development, a good and reliable team and an ambitious goal to interconnect difference blockchains. But regardless of efforts, ICX remains one of the most underperforming crypto assets in 2018, with a negated 90 percent return for his early investors. The ICX/USD is now trading at $0.61, much lower than its all-time high near $12. Other Tokens Cardano, Lisk, and IOTA despite their strong fundamentals have also dropped hugely in an overall bearish crypto market. While Cardano, a native token of a distributed computing platform, plunged by 89.9% by Q3 2018, Lisk and IOTA, two of the most talked-about blockchain protocol tokens, also imposed 86.6 and 87.6 percent losses on their holders, respectively. At the same time, EOS and Bitcoin turned out to be the worst-best winners, dropping the least in the market-wide crash. EOS, a close competitor of a 74.7 percent down Ethereum, dropped 33.4 percent, while Bitcoin, the leading digital currency by market cap, dropped close to 54 percent. Future Expectations The uptrend of native coins still depends on the success of their blockchain ecosystems. As of now, Ripple, Ethereum and EOS are among the most promising blockchain projects as the demand for decentralized solutions will likely grow in 2019. Many analysts believe tokens like XRP, ETH, EOS, and LTC are in bottom formation phase. Bitcoin, for instance, is already holding its downtrend at a strong bottom area below $6,000. Crypto market has found weak fundamentals in poor adoption, which again was caused by the lack of proper regulations and the failure of many blockchain projects. 2019 is considered to be a year that would bring more clarity from governments and regulators on crypto and blockchain alike. Likewise, more investments would follow suit, especially from institutional investors that are already joining crypto hedge funds, expecting a complete reverse of 2018’s bearish performance. The post These Tokens are the Worst Performing Crypto in 2018: Factors and Trends appeared first on NewsBTC.

6 days ago

An Italian street artist is transforming fascist graffiti into food

Italy’s rich history has something for everyone. The country that brought the world fine artists like Michelangelo and Sandro Botticelli, and gastronomical treasures like mozzarella cheese and tortellini, is also where Benito Mussolini’s fascism was born in the early 20th century, an ultranationalism exported across Europe. Neo-fascists still thrive in Italy today, with a strong resurgence recently especially, and they use symbols of the past, like the Nazi Party swastika, to promote hate. In Verona, where foodie and street artist Pier Paolo Spinazzè lives, hate propaganda has been on the rise. Spinazzè fights it with love, combining his longtime passions for food and art. His subversive street art transforms divisive messages into culturally appropriate art almost everyone can get behind. Known as “Cibo,” which means food in Italian, he systematically covers swastikas and hate speech in Verona with paintings of, well, food. A delicious replacement for a distasteful symbol. As he told Vice in a recent report on his project, Italy’s food culture is a source of pride for him, while its divisive, racist, and hateful tendencies are a source of shame. “It’s more than what we like to eat,” he says of the local cuisine. “It represents who we are.” The artist’s work is subversive partly because he, like the neo-fascists, repeats symbols. He often covers a swastika with a painting of pumpkin tortellini, for example. People who see the work have come to know that Cibo’s image is replacing a hate symbol. “In this way, I create an icon and a repetition,” he tells Vice. And his work has become so well-known that followers on social media inform him whenever new neo-fascist rhetoric appears on the streets so he can get out there and turn it into visual treats. Spinazzè not only enjoys drawing food, he also works in the restaurant industry and cooks himself. Before he used his love of all things culinary to subvert hate, he was painting giant groceries, basically, on empty walls throughout northern Italy. In 2008, after a friend was killed by extreme nationalists, the artist started using his paintings to remove traces of fascist propaganda from the streets. For Spinazzè, even the most quintessentially Italian dishes symbolize cross-cultural unity. A caprese salad of mozzarella, tomatoes, basil, and olive oil is an international project and a “message that cuisine is open to the world,” he says. “The basil comes from India, the oil from Syria, the mozzarella is Italian, and tomatoes originate in Colombia.” The street artist used this salad image (top) to cover up hate graffiti from a far-right group. Cibo’s street art is admired for its style and the substantive underpinnings. On his Facebook page, a fan recently wrote, “You are a hero.” Still, Spinazzè receives threats from those who don’t appreciate his subversion, he says, and he doesn’t want to be the only one fighting hate with art. He urges others to join him in his mission to save Italian cities from dangerous propaganda and politics. “Unfortunately, fascism was a dark moment in our history,” he tells Vice. “The ideology, the hate, the separation that fascism promulgated is now being promoted by some of today’s parties. I’ve taken a stand because of this.”

6 days ago

Analysis Reveals Nano, Stellar, XRP, EOS, NEO and IOTA Are Among the Fastest Cryptocurrencies on Binance

Nano is currently the fastest cryptocurrency on Binance, according to a crypto coin tracker that monitors the deposit speed of all coins on major exchanges. The breakdown from Bitcoin Kit lists Nano on top, with a block time of three seconds and one confirmation required to approve the transaction. Next up is Stellar Lumens, ICON, Skycoin, XRP ...

8 days ago

This simple tweak to a standard request will make you a more effective leader

It’s hard to imagine Brené Brown, guru of vulnerability and icon of bookstore self-help aisles, frustrated. The one-time social worker and professor at the University of Houston has risen to fame helping millions of readers make peace with the discomfort that comes with feeling emotionally exposed, or flirting with the risk of failure and shame. Still, in an excerpt from her new book, Dare to Lead (Random House), Brown describes a past moment of aggravation with two of her assistants. The anecdote is part of a lesson about being an effective leader. Brown writes: I’m out of town with my colleagues Murdoch and Barrett facilitating a daring leadership workshop. I ask them to collect one role-play scenario from everyone participating in our two-day training while I’m meeting with the CEO. I want to use these scenarios the next day. Later that evening, they slide a folder stuffed with handwritten scenarios under my hotel door. I wake up the next morning and panic. Now I have to sort through them and type them up. I’m frustrated with Murdoch and Barrett, and they have no idea why. It’s a classic case of expectations not being met because they were never voiced. We’ve all lived it. “Do they expect us to read their minds?” employees ask of their managers, who in turn think to themselves, “Do I have to spell everything out?” Brown explains that she and her assistants learned to avoid this conflict by stealing a basic project management tactic. She writes: The next time, I ask for the same thing, but Murdoch replies with, “Sure. What does ‘done’ look like?” I say, “Please type them up, and you and Barrett should pick three that are specific enough to be meaningful but general enough to apply across the group. It would be helpful if I could get them before 8 p.m. so I can review them tonight.” This is much better. It’s a simple question, one employees should ask frequently if their manager seems to lead through telepathy. Clarifying what done looks like can proactively minimize any risk of frustration later. Brown, however, still sees an opportunity for improvement. To stop at this juncture, she explains, means that she has taught her assistants how to follow her orders and do things her way, which is not an inspired way to lead. She calls it “leading from control and compliance.” She would rather be the manager who works with employees to create what she calls a shared sense of purpose—in her case, not only to sell books or seminars, but to change lives. So Brown and her crew tweaked the question “What does done look like?” to make it a clarion call: “Paint done.” She describes how it works by revisiting the role-playing scenarios assignment. This time she imagines Murdoch asking, “Paint done.” “Rather than slinging directives ‘West Wing’ walk-and-talk style, we find Barrett and talk for five minutes,” she writes. I say, “Here’s my plan. I want to collect scenarios from the participants today so we have new role-plays for the group tomorrow. I don’t want to reuse the ones we brought and used today. They’re really struggling with these hard conversations, and the more specific the scenarios are to their issues and culture, the more helpful the role-playing will be. My plan is to have you collect them and sort through them tonight, looking for ones that are specific but have broad appeal. I’d like y’all to type up three of them and make copies. Instead of breaking the group into pairs, I want to do triads with one person observing and supporting. So, if we have three role-plays for each group, they can each take a turn.” Murdoch and Barrett think about it for a minute, then Barrett says, “One issue is that everyone here today is from operations. Tomorrow is the marketing team. Will that affect the relatability of the role-plays?” Me: “Dammit. It totally changes what I’m thinking. Thank you.” For her team, “paint done” creates space for input from all parties. It “unearths stealth expectations and unsaid intentions, and it gives the people who are charged with the task tons of color and context,” she writes. “It fosters curiosity, learning, collaboration, reality-checking, and ultimately success.” “Leaders who work from compliance constantly feel disappointed and resentful, and their teams feel scrutinized,” she adds. It takes some courage to invite everyone into the process, but that’s part of Brown’s whole argument. To be sure, “paint done,” also is a bit cheesy. The language may not work for every manager, but the concept is powerful nonetheless. If you’re managing young people who can’t deal with orders that don’t seem attached to any meaningful goal, any version of “paint done” will get you further than issuing orders.

8 days ago

Litecoin Founder Charlie Lee Plans to Walk Out Of Litecoin to Enable it Become Fully Decentralized

Although Bitcoin may have been the first cryptocurrency on the blockchain technology, the former Google employee and computer scientist who created Litecoin three years after Bitcoin, has claimed that his network is more centralized. Charlie Lee mentioned this in an interview with SFOX and disclosed the fact that the Litecoin network has benefited from having a public face, unlike Bitcoin. Satoshi Nakamoto, the anonymous person or group behind the Bitcoin network, has remained unknown until now, despite the massive growth of the network beyond initial thoughts. On this basis Lee, described having a public face as an oxymoron for a decentralized ecosystem such as Litecoin. To explain the advantage of having a public face, Charlie Lee pointed to the ease of SegWit integration on the Litecoin network. First, he stated that it is usually hard to carry an ecosystem forward especially when many forces are working against it. This difficulty is increased even more by the absence of the founder. Evidently, Bitcoin has struggled to integrate SegWit even though it could bring a lot of benefit to the network. Lee said “I saw SegWit as an amazing feature, but there was all this FUD around it. I realized I could help out by pushing Litecoin towards getting SegWit activated. Being its creator, I was able to make that happen.” Bitcoin only integrated SegWit three months after Litecoin even though the former was introduced earlier. This strength has allowed Litecoin to grow rapidly. Lee Will Step Down As Litecoin Icon “Some time” In the future, having a public face would no longer be beneficial as it is now and Charlie Lee revealed that at a certain point, he would have to step down and allow Litecoin to be more decentralized. But this will be “when Litecoin is used and more as a real-world currency. At that point, it wouldn’t make sense for the creator to still be around, dictating things.” For the time being, Litecoin native currency (LTC) is currently the seventh largest crypto by market cap with a press time price of $57. The post Litecoin Founder Charlie Lee Plans to Walk Out Of Litecoin to Enable it Become Fully Decentralized appeared first on ZyCrypto.

8 days ago

B21

B21 is a fintech company headquartered in Gibraltar that developed a personal wealth management platform exclusively for crypto assets. B21 is a mobile-focused investment platform that enables the mass market to easily create and manage diverse portfolios of crypto assets like Bitcoin, Ethereum, EOS and many others. B21 is rated 3.7/5 on ICO Bench. B21 is airdropping 6 B21 tokens (~$ 1) to airdrop participants and 5 Stakes for every referral, up to 20. ICO price: 1 B21 = 0.16 USD How to join? 1.Register to the B21 AirDrop platform. 2. Download the B21Life mobile App available for Android & IOS. 3. Complete the Sign-up process adding ‘B21 Bounty’ as the referral option to earn 10 Stakes. 4. Join B21 on Telegram. 5. Follow B21 on LinkedIn. 6. Click on ''Airdrop'' from the dashboard and submit your details to earn 6 B21 tokens. 7. Click on the ''Share'' icon from the App to earn 5 Stakes for every referral that install the App. More info about the Airdrop/Bounty in the B21's Medium blog. Join OFFICIAL Airdropalert Telegram and Airdropalert Twitter for daily updates on crypto airdrops! ...

14 days ago

Malta’s PM Hails Cryptos and Blockchain During UNGA

Prime Minister of Malta Joseph Muscat summoned his nerves of steel to say the biggest, boldest statement about blockchain to the world. Speaking at the UN General Assembly, Muscat hailed blockchain technology and said that it would eventually allow cryptocurrencies to become the future of money. He is now being glorified as an icon on Reddit forums, Malta’s PM Hails Cryptos and Blockchain During UNGA was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News....

17 days ago

ICON's Council Chair Has Been Invited To Be The President Of ICO Committee In South Korea

The self-regulated Korea Blockchain Association has invited Chair KJ Eee, the council chair of ICON to be the president of its newly formed ICO Committee. The Korea Blockchain Association now has over 60 members, including top exchanges like Upbit, Bithumb, and CoinOne. While cryptocurrencies are legal and regulated in South Korea, ICOs have been completely banned from the country. Therefore, the purpose of the newly formed ICO committee is not yet clear. While some regulators have asked the country's financial regulator to revoke the ban, no decision has been made yet. (VS)

17 days ago

New Tool - Representative Charts for Nano

Hi all, To further help Nano's decentralization I've built a tool to show changes in vote weights assigned to representatives. This data can be used when considering a representative for your account. Link: [Representative Charts for Nano](https://monivea.com/nano-rep-charts/) ([Screenshot](https://imgur.com/7VovUUD)) Features: - Select time period for voting weight changes (e.g. 24 hour change, 1 week change etc...) - Select only representatives moving up or down the charts - Detailed view showing a representative's full chart movement over all time periods (simply click on a representative's name) - QR codes and Nanode links for representatives - Icon to show which representatives rebroadcast votes Some periods (e.g. 1 Month) don't yet have data as I only started building network snapshots two weeks ago. Just to emphasize, I don't mean for this tool to promote a competitiveness between representatives, rather to present an accurate picture of the current state of decentralization. To be added: - Estimation of a representative's uptime - Website URLs for representatives - Visualizations? I'd love to hear your feedback and suggestions for improvements to this tool. Thanks Nano community! *// frakilk*...

18 days ago

ICON (ICX) Chosen to run the Digital Strategy MBA course at aSSIST

ICON (ICX) has announced that it was chosen to run an official program for the Digital Strategy MBA course at aSSIST (a Seoul School of Integrated Sciences & Technologies), a professional business school. The name of the new program is ‘The Dapp planning and development practice using ICON.’ The course will start in the 4th semester of the masters program beginning in January 2019, and will “teach ICON platform operations and applications of blockchain that enable real-world workers to leverage blockchain as a foundation for startups and new business initiatives.” (JF)

21 days ago

Hello ICON community, I am new to this community. I am loving many aspects of ICON.

Happy to join community here. I just found out that ICON has so many partnerships and already has so many products/services running like ICONex and ICONick and some decentralized applications....

22 days ago

Stayge

STAYGE Network is an entertainment ecosystem based on blockchain that tokenizes the influence of the fandom to utilize it on various apps and business models. The fan community service generates and distributes the tokens based on the fans’ contribution; furthermore, the fans can spend the rewarded tokens on DApps such as e-commerce, games, contents services and more. Stayge is rated 4.0/5 on ICO Bench. Stayge is airdropping up to 3800 STG tokens (~$ 7) to airdrop participants and 200 STG tokens (~$ 0.35) for every referral. ICO price: 1 ICX = 400 STG How to join? 1. Start to chat with the Stayge AirDrop Telegram Bot. 2. Join Stayge on Telegram. 3. Follow Stayge on Twitter & Retweet the pinned Tweet. 4. Follow Stayge on Facebook & Share their page. 5. Subscribe Email at the top of the Stayge website. 6. Submit your ICON wallet address and other details to the Bot. You can create your ICON wallet on the official ICON website. Join OFFICIAL Airdropalert Telegram and Airdropalert Twitter for daily updates on crypto airdrops!...

22 days ago

South Korea’s Biggest Telco SK signs MOU with ICON

SK Planet, a subsidiary of the South Korea’s most prominent telecommunications firm SK, has signed a memorandum of understanding with ICON. ICON is reportedly the largest blockchain project in the country. The partnership will see SK utilize crypto and blockchain to compensate users of its mileage system, which now boasts 35 million users, i.e., more than half the country’s population. So far, SK Planet has not provided the technical details of the project, nor did they mention any other partners to work with to smoothen the process of integrating the blockchain tech into its existing infrastructure. According to J.H. Kim, a council member of the ICON foundation, "through cooperation with SK Planet, which has OK Cashbag and Syrup services already being widely used by the public, ICON will keep up the hard work to popularize blockchain." (RL)

23 days ago

South Korea’s Biggest Telco SK Officially Partnered With ICON

In a recent announcement, South Korea’s most prominent telecommunications firm, SK, has partnered with ICON—the largest blockchain project in the country. The partnership will see SK utilize crypto and blockchain... Continue reading "South Korea’s Biggest Telco SK Officially Partnered With ICON" The post South Korea’s Biggest Telco SK Officially Partnered With ICON appeared first on UseTheBitcoin....

23 days ago

ICON Team Extends Token Swap Period to October 25th

The Icon Foundation has announced the extension of the token swap period. The ICX token swap started in June and has been extended by a month to October 25. The ICON team has said the token swap completion rate currently stands at about 83%. The token swap allows the holders of ERC20 ICX tokens to obtain the new MainNet ICX with a 1:1 swap exchange rate. (VK)

a month ago

ICON Released Version 3.0 of Its MainNet

The popular blockchain network ICON has announced the release of version 3.0 of its MainNet, on which ICON’s Smart Contract on Reliable Environment (SCORE) is now fully operational. SCORE is the implementation environment of ICON smart contracts, the foundation for creating DApps on the ICON platform. The ICON team also opened testnet with this release, enabling developers to conduct tests before deploying to the mainnet, and the team has future plans to open devnet, which allows testing via the AWS Marketplace, supporting local development environments. (JF)

a month ago

Seoul Metropolitan Government Selects ICONLOOP to Illustrate Seoul Blockchain Platform

The ICON Foundation has been selected by Seoul Metropolitan Government to demonstrate Seoul blockchain platform. It would be an "operator of Seoul's standard blockchain platform for Seoul Blockchain Demonstration Project." The project reportedly is the government's "Information Strategy Planning for the development of a Blockchain based Municipal Innovation." This includes among others; the introduction of two leading blockchain businesses and the Seoul standard blockchain platform. The next six months will see ICONLOPP apply its self-developed blockchain engine, loopchain to the Seoul Blockchain Standard Platform, mobile-voting system, and used car trading system. (KE)

a month ago

NEO Launches $30K Creative Design Competition to Boost Brand

NEO (NEO), a blockchain platform for smart contracts referred to as the Ethereum of China, has launched a creative design competition, incentivizing designers with $30,000 in rewards to upgrade the project’s website and icon. NEO reportedly has opened two reward tracks for both the website and icon designs. Through the competition, Neo wants to expand its community as well as to communicate more effectively within the industry. The rebranding also comes as the project gears up to launch its much-anticipated version 3.0 platform update. As of this writing, NEO stands at $18.34, up 1.74% in the last 24 hours. (RL)

a month ago

Neo Announces Design Competition To Improve Brand

Blockchain project has announced a creative design contest to improve its brand image and visual representation. The competition is open to anyone in the community and comes with a reward of 200,000 RMB worth GAS. The contest is broken down into two categories: website design and icon design. The first prize winner for the website design will earn RMB 40,000 in GAS, while that for the icon design will win RMB 30,000 in GAS. NEO is currently priced at $18.46, gaining 8.89% in the last 24 hours. (VS)

a month ago

ICON Foundation Releases its Yellow Paper

ICON Foundation recently announced the release of its yellow paper. The document outlines the main operational policies of the firm aimed at achieving full decentralization. ICON said it was working to improve its ‘Delegated Proof of Stake (DPoS)’ in a bid to improve smart contract executions. The document also outlines the governance structure which is based on the principles of contribution, decentralization, and interchain. ICO also addresses the issue of transaction fees and ICON Incentives Scoring System (IISS) in its new document. (VK)

a month ago

Menlo One Receives Funding From TDLR Capital Ahead of ICO

Blockchain startup Menlo One has announced that it has received funding from TDLR Capital ahead of its planned ICO. Menlo One is planning to build an open-source platform for the development of dApps. TDLR has offices in London, New York and Hong Kong and has funded several startups in these regions. These include ICON, Cardstack, Ox, GBX, Gifto and Quantstamp. Menlo One’s ICO is scheduled for September 17. (SK)

a month ago

ICON Partners With Portal Network To Build ICON Name Service

Blockchain startup ICON has announced a partnership with Portal Network, to build a Name service for its native cryptocurrency. Portal Network will provide blockchain-based domain name services to make it easy for ICON users to transact with each other. The two companies will build ICONick (ICON Name Service) which can be used to link ICON wallets to ‘yourwebsite.icon’ domains. ICON (ICX) is currently priced at $0.8221, losing 12.79% in the last 24 hours. (VS)

a month ago

ICON Foundation Releases ICONLOOP's Corporate Identity, Ready to Push the ICON Project to Korea

The ICON Foundation has announced the rolling out of the new Corporate Identity(CI). The CEO of ICONLOOP, JH Kim said the rebranding showed that ICONLOOP was ready to push for the project (ICON) in Korea. The rebranding reportedly will enable the network to enhance their presence in two market districts. ICONLOOP will develop a private blockchain network for the government and institutional clients, while ICON will develop dApps public blockchain infrastructure. This is in a bid to enhance the bond between the two. (KE)

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

Total Market Cap Increases by $8 Billion; Bitcoin Manages to Stay Above $ 7k

Despite negative predictions by analysts, Bitcoin has managed to be supported above $7000, seeing the total market cap add $8 B. The top performers were Dash, Verge, EOS, and Monero and had surged by 7%-12%. Tokens such as Tron, Ox, Binance Coin and ICON which were among the best performers against the Bitcoin, have recorded fewer gains. Tokens on Binance such as Ontology, ICON, and VeChain have recorded large trading volumes. As of 11:10 PM UTC, Bitcoin was trading at $7098. 44, according to CoinMarketCap. (VK)

2 months ago

Eminem Mentions Bitcoin in His Most Recent Album Kamikaze

Bitcoin (BTC) recently received praise from pop star icon Eminem. Eminem mentioned the blockchain in a song on his new album dubbed Kamikaze. Royce Da 5’9’ is featured on the track named Not Alike. Quotable lyrics are "...Remember everyone used to bite nickel, now everybody doing bitcoin..." Kamikaze was launched on midnight Thursday, August 30. Prior to Eminem’s mention of bitcoin (BTC), the blockchain was also mentioned by celebrities such as Ellen DeGeneres and John Oliver. Rapper 50 Cent is also reported to have accepted bitcoin (BTC) in 2014 for his album named Animal Ambition. (KE)

2 months ago

ICON Foundation Scores New Partnerships, Working on a Crypto Hub in Korea

Recently, W Foundation and ICON have signed a momentum of understanding. Also, it has gained momentum in Korea through an upcoming Crypto Hub in the country, after it recently met with the governor of Jeju island. Since Jeju Island, Korea is working to be a blockchain hub, and ICON Foundation could be at the forefront of making this a success. ICON has been bullish in the weekly charts and was up by 3.52% to trade at $0.927307, as of 4:37 AM UTC, according to CoinMarketCap. (KE)

2 months ago

New Research: Wild Outlook for Bitcoin, Ripple, Cardano and Monero in the Next Decade

According to a new analysis performed on the top 10 cryptocurrencies by market cap, there will be some major gainers and major losers. Satis, an ICO advisory firm, finds that Monero and Bitcoin will make moonshots. Ripple (XRP) and Cardano (ADA) are expected to nosedive and lose more than 99% of their value over the next decade. Beyond the top 10 cryptocurrencies, Satis predicts that blockchains such as AION, ICX, ADA, and REP will suffer extinction. The report, however, states that it is hard to predict the price of any coin in the crypto industry. (KE)

2 months ago

ICON Partners With W Foundation To Protect The Environment

Blockchain startup ICON has announced a partnership with W Foundation, a non-charitable group for environmental preservation and refugee relief. The two foundations will work together to create W Green Pay (WGP), a pollution reduction compensation system. WGP rewards individuals for their greenhouse gas mitigation efforts. Icon (ICX) is currently priced at $0.814377, losing 10.3% in the last 24 hours. (VS)

2 months ago

German Brokerage to Provide Crypto Index Funds for Institutional and Retail Investors

Financial asset manager, Iconiq Funds has announced plans to launch a number of token based index funds at the start of Q4 in 2018. Investors will be able to engage with traditional and regulated financial mechanisms such as exchange traded funds (ETFs) and exchange traded notes (ETNs). While Iconiq is based in Germany, the first crypto-index will launch in Malta and is currently being reviewed by the Malta Financial Services Authority (MFSA). (RS)

2 months ago

Valatie Falls to Generate Power for DPW to Start Bitcoin Mining

Valatie Falls, a hydroelectric dam based in New York will generate power for DPW Holdings Inc. for a mining farm of Bitcoin. The mining is expected to begin its operations in this year's last quarter. The subsidiary of DPW will create the farm with the use of AntEater miner. The miner was established through collaboration with Samsung semiconductors. (KE)

2 months ago

Altcoin Market Update

As Bitcoin slowly consolidates and climbs toward $6,800 a handful of altcoins are also posting higher volume and impressive gains. At the moment WAN is up 33.43% and ICX 32.62%. According to CoinMarketCap, Wanchain’s market cap rose by $9 million over the past 24 hours and ICX’s market cap has risen by $94 million. Fortunately there is no pump and dump involved as both increased on the news of new partnerships, wallet upgrades and other developments that will lead to greater adoption. (RS)

2 months ago

Daily Berminal Brief (8/27/18): IOTA and ICON Gain More Than 20%, While Bitcoin Leap to $6,785 After a Weekend of Range Bound Trading

1) IOTA and Fujitsu joined forces to enable the leading multinational IT equipment firm to use IOTA blockchain for their services and products. The collaboration has seen its prices surge by 21% today. At the time of writing, IOTA traded at 0.6115, a jump of 18.83% from a low of $ 0. 5168. This has seen its market cap stand at $1.8 B, according to CoinMarketCap data. (Read More.) 2) Willy Woo, a renowned analyst, and crypto investor has said that the crypto market this year is much better than four years ago. He says this year's price correction shall not be like the 2014 slip that saw Bitcoin price hit the lowest for three years before 2017's; Bitcoin declined by 90%. According to Woo, this was caused by Mt.Gox bankruptcy. The developments this year such as institutional players entering the crypto space makes him bullish. (Read More.) 3) ICON (ICX) is one of the two coins that did very well in an otherwise flat crypto market weekend ICON, dubbed as the Ethereum of South Korea, soared up to $0.922910 in 24 hours, according to data from Coinmarketcap.com. The trade volume has moved from a paltry $16 million per day to $84 million a day, within a span of a week. The team behind ICX has announced a $5 million coin purchase scheme, which will see the value of the coin show some uptick due to deflation. ICONLOOP has also been added into a large-scale South Korean government project. (Read More.)

2 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)

2 months ago

ICON Price Surges Over 24% in 24 Hours

Most coins in the cryptocurrency markets recorded significant gains on Monday morning. The price of ICON (ICO) surged by over 24% in the past 24 hours despite sitting outside the top 25 coins ranked by market cap. The impressive price performance has been linked with the rise in Bitcoin price. However, it is unclear how long the altcoin will be on the upward channel. (VK)

2 months ago

Crypto Market Continues Dipping while ICON Gains by 23%

24 hours ago saw ICON and WanChain record a gain of 23%. The two has been said to be currently the best assets in performance in the crypto market worldwide. Bitcoin had analysts concerned as it saw a decline of its volume drop from last week's $4.5 billion to the current $3.5 billion while Ether volume has declined to $1.3 billion from $2 billion. Tether, however, saw an increase of its volume to $2 billion from 1.5 billion. Ethereum, Ripple, Bitcoin Cash and EOS have not been spared either as they all saw a huge drop in their volumes. (KE)

2 months ago


News courtesy of berminal.com
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