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Tezos founder Arthur Breitman's insightful thoughts on governance

Tezos founder Arthur Breitman wrote an insightful twitter thread about governance. I have copy&pasted it here. Link to the twitter thread: []( Arthur wrote on 9 March 2019: "In 2014, before the Tezos paper came out, almost no one was talking about governance of cryptocurrencies. Today, there isn’t a single project that doesn’t discuss its own plans for governance. I am proud that Tezos led the way here. But what is governance, and why do we need it? Governance is a procedure used to manage shared resources. When resources are private, and not shared, there is no need for governance. For example, if you own an egg, you can eat it now, eat it later, let it grow into a chicken, give it away. It’s your egg. If 2 people own an egg, their desire can conflict. In order to allow them to make decisions about one egg, their needs to be rules. One rule could be that the older person decides, another rule could be that they flip a coin, another that they have so split the egg. That is governance in a nutshell : it takes many. potentially conflicting, inputs and gives a single output. Governance exists in many institutions, inside companies, inside families, inside clubs, inside sports team, etc. When we think about cryptocurrencies, we think mostly about private property. If I own a coin, I can keep it or spend it. f I keep it in a multi-sig address, there are governance rules, but very clear and simple : if m out of n agree to a transaction, then it can happen. We do not immediately think about governance because it doesn’t look like cryptocurrencies need it. If everyone decides what they want to do with their own coins, why is there a need? It turns out that, in these networks, some resources are shared by the entire community. One example of a shared resource is the network itself! Who runs it? Who operates it? In Bitcoin, miners maintain the network. They are rewarded for doing so by creating new coins in every block. This is a form of governance, where inflation is used to incentivize honest behavior Another shared resource is the protocol itself, the rules by which the cryptocurrency operates. If those rules never change, then there is no need for governance. However, if the rules evolve, then there needs to be a procedure for deciding how they should evolve. In the world of open source software development, a traditional solution for governance is to fork. If I want to use a piece of software a certain way, and you want to use it another way, there is no need for conflict. Fork-based governance works well for software if there is no need for us to run the same version. However, cryptocurrencies need consensus, and they require everyone to run the same version. When the software for a cryptocurrency is forked, two incompatible assets are created. Since the software is open source, each of us can modify and tweak our own version. We do not need to agree to run the same version. This is called a fork, and I refer to the procedure as fork-based governance. This is a problem, because money derives its value from a network effect. Forking reduces the network effect. Typically, when cryptocurrency forks, one fork will capture a much larger portion of the mindshare. So maybe there is no problem after all? Maybe the best fork will win? Unfortunately, there is no guarantee that the “best” fork wins. Because one fork typically "wins", we know that a form of governance is happening, but what does it reflect? Does it reflect market judgment? Does it reflect a choice by the miners or the block validators? In reality, this is a coordination game. Market participants have to identify which branch will attract the most interest from the other participants. This is very circular, everyone is watching what everyone else does and tries to do the same thing. In the end, the winning branch is the one people expect will win. It is not primarily based on merit, but rather on the ease of coordinating around that solution. Attempting to address this underlying problem of coordination in the absence of formal rules is one of the main motivations for Tezos and the on-chain governance mechanism. By having a clear mechanism from the start, the aspiration is to ensure that the network can adopt better technology as it becomes available \*and\* that network effects are preserved. That coordination can be maintained around one chain. However, it shouldn’t be \*too\* easy to implement major changes to the protocol. The system for upgrading Tezos - or any blockchain protocol- needs to be designed so that it is possible to implement improvements but difficult to implement changes which harm the network. In building this sort of mechanism, on should encourage coordination around the solution that keeps the network united together. The way Tezos does this is thr

9 hours ago is worth up to 55 DAPPTs tokens. Share your referral link to earn 10 DAPPTs tokens for every referral. Also, you will get an additional 50 DAPPTs tokens every time you invite 5 new users. About is the largest App Store for decentralized apps, space where everyone can learn about what decentralized technology is and how it can transform the world to help users and developers understand, create and enjoy this exciting new technology with confidence. Would you like to receive the latest free Airdrop Alerts? Join our Airdropalert Telegram.

10 hours ago

Financial Conduct Authority Next Coin Market Warning

On Wednesday, the Financial Conduct Authority (FCA), a regulatory branch of the UK Government published a notice that refers to suspicions surrounding Next Coin Market, a cryptocurrency trading platform that promises to allow users to trade Bitcoin in a secure manner. Next Coin Market appear to be operating via a legitimate website under legitimate means, though the FCA believe that Next Coin Market have been using a fake website that declares Next Coin Market is registered by the FCA in order to trap UK investors into purchasing Bitcoin through their platform. The full announcement reads as follows: “We believe Next Coin Market is an illegal organisation based in Bulgaria, claiming to be an FCA authorised firm offering cryptocurrencies to UK consumers. We have become aware they are sending consumers a link to a fake website, which gives the impression they are authorised by the FCA, when they are not. This is criminal activity. If you have been approached by Next Coin Market, or another unauthorised firm with a link to our website, please contact us. If you have transferred money to the firm, you should also report your concerns.” Furthermore: “Anyone who deals with an unauthorised firm is not protected by the Financial Services Compensation Scheme and cannot complain to the Financial Ombudsman Service. Consumers can check whether a website is genuine by checking the web address (domain name or URL), which appears in the address bar at the top of the webpage. Ours should always begin with: or for the Financial Services Register website.” If you have been involved with Next Coin Market then you should take time to review your transactions and ensure that you have not been duped out of assets. Furthermore, we would also recommend ensuring you no longer use the platform as a result of the FCA warning. This isn’t the first time the FCA have issued warnings In a bid to make cryptocurrency investment safer, the FCA regularly issue warnings about projects that they believe could be scams or operation outside of the best interests of the investor. Sadly, this industry is full of bad actors, it’s only thanks to investigations by the likes of the FCA that these bad actors are exposed. This weeks warning should continue to remind you just how risky this industry really is.

12 hours ago

Cardano’s Charles Hoskinson: JPM Coin is last-ditch attempt at dying industry’s desperate bid to stay relevant

JP Morgan’s internal cryptocurrency called the JPM Coin doesn’t seem to have a lot of fans in the cryptocurrency space, with yet another nay-sayer lashing out at the investment bank’s bold move. Charles Hoskinson, the co-founder of Ethereum; creator of Cardano, and CEO of IOHK, called the JPM Coin an abomination. Speaking at the Hybrid Summit, Hong Kong, Hoskinson did not mince his words when asked about JP Morgan’s crypto-turnaround and the introduction of an internal payments cryptocurrency for the bank’s clients. He stated: “I saw the JP Morgan Coin, and listen - you guys just don’t get this space. You don’t know how any of these things work. It’s an abomination of a concept.” Banks have mulled an internal currency that can be used for cross-border transactions and internal administrative needs, but no one ever introduced a cryptocurrency. However, Hoskinson called this an “executive fantasy,” adding that such a coin will have “no need or utility”. He stated: “It’s just a proof of concept for the sake of being a proof of concept to say that they’re in the space, and they can justify some sort of bizarre executive fantasy.” Cryptocurrency proponents often see traditional Wall-Street bankers as the conniving and deceitful scammers that the decentralized world was created to fight against. Hoskinson referred to them as “criminals,” who have done “horrible things over the last few decades”. Hoskinson said that the current rate of growth of the cryptocurrency industry will result in an inevitable clash between the disruptors, the virtual currency economy, and the legacy, the traditional financial order. The JPM Coin, in his opinion, is an example of the dying embers of an industry on death row, desperately trying to prove its relevance in a changing technological and financial world. He stated: “But I see these things as the last vestiges of a dying industry trying to achieve some form of relevance. And I have very little respect for this type of work. I don’t see it as a positive thing.” Charles Hoskinson, besides being a mainstay in the cryptocurrency industry since its early days, is also an avid promoter of blockchain technology. He propagates its use on a macro-level, with an objective of not just corporate-integration but integration on a global-economy level. He stated: “Once you have blockchain tech, you have digital identities, you have wallets, and then you can link them to permissionless systems like Cardano and Ethereum, and give them access to credit, insurance, remittances and these types of things.” Hoskinson is not alone in his JPM Coin criticism, other big names in the financial and cryptocurrency field have lashed out at the BankCoin too. The CEO of Ripple, Brad Garlinghouse, stated that the JPM Coin “misses the point,” adding that a cryptocurrency backed by fiat is a “liability”. Nouriel Roubini stated that calling the JPM Coin a cryptocurrency “was a joke”. Referring to the coin as a “pseudo crypto coin,” he compared it to the second largest altcoin in the market, XRP. The post Cardano’s Charles Hoskinson: JPM Coin is last-ditch attempt at dying industry’s desperate bid to stay relevant appeared first on AMBCrypto.

14 hours ago

Crypto Market Wrap: Quick Recovery From $3 Billion Dump, Chance For Further Gains?

Crypto markets recover from a mini dump; Stellar and Cardano holding up, BSV and Maker sliding, Kyber Network surging. Market Wrap As we enter the weekend crypto markets are still consolidating but have recovered from a $3 billion dump a few hours ago. The majors have been largely motionless over the past 24 hours and total market capitalization is still holding above $130 billion. The lack of momentum could signal another big dump around the corner but the quick recovery is promising. Bitcoin has hit $3,950 twice over the past day but the second move resulted in an instant dump back to $3,875. This resistance wall is proving very hard to overcome for BTC. In the past couple of hours it has managed to regain some steam to get it back over $3,900 but only just. Ethereum continues to weaken and has dropped to $135, its lowest level since Tuesday. A rally was looking promising before markets followed Bitcoin’s bounce off resistance again. ETH has maintained its lead above XRP which has also declined a further 1.5% on the day. The top ten is all red during Asian trading today aside from Stellar which has made almost 1.8% on the day taking XLM to $0.087. Litecoin has also posted a marginal gain as it reaches $57 and extends its lead over EOS which has lost over 2%. Tron is down 2.5% at the moment as its market cap continues to dwindle. Altcoins in the top twenty are equally mixed with marginal movements at the time of writing. Cardano is still in the green but only just, the rest are flat or falling. Bitcoin SV, Maker, and Ethereum Classic have taken the biggest slides with losses of over 3% a piece at the moment. FOMO: Kyber Network Cranking Today’s big pump in the top one hundred is Kyber Network which has surged 75% as volume increases tenfold. Binance is getting a third of the global trade volume but South Koreans are also buying it up in KRW on Upbit and Bithumb at the moment with a combined 50%. It appears that a coin burn, roadmap update, and KyberDAO Voting Experiment has driven the fomo for KNC; Calling all Kyber community members! As part of our early experiments to gather feedback and metrics on building a DAO, you are invited to participate in the first KyberDAO Voting Experiment using @AragonProject Find more details here: — Kyber Network (@KyberNetwork) March 8, 2019 Project PAI is also on the fomo train with a 60% pump today as the alpha version of their PAIYO app gets launched. Enjin Coin is also going strong still adding 30% to reach $0.20. At the messy end of the top one hundred altcoins are Nexo and Chainlink dropping 7% each. There are no major dumps occurring right now as most coins are still range bound. Total market cap 24 hours. Total market capitalization is still at $133 billion where it was this time yesterday. Markets are starting to recover from a $3 billion dump a few hours ago and daily volume has increased again to $34 billion. Crypto markets are only 2.3% higher than they were this time last Saturday but gains on the month are still an impressive 10%. Market Wrap is a section that takes a daily look at the top cryptocurrencies during the current trading session and analyses the best-performing ones, looking for trends and possible fundamentals. The post Crypto Market Wrap: Quick Recovery From $3 Billion Dump, Chance For Further Gains? appeared first on NewsBTC.

16 hours ago

Blockmason Link and MagnaChain partner to advance blockchain-based gaming

CryptoNinjas Blockmason, a developer of foundational, base-layer blockchain technologies, and MagnaChain, a developer and operator of blockchain systems and distributed applications, today announced the signing of a Memorandum of Understanding (MOU) and collaboration to advance the blockchain-based game development industry. Per the terms of... Blockmason Link and MagnaChain partner to advance blockchain-based gaming

a day ago

Morpheus Labs

Morpheus Labs Airdrop is worth a minimum of $25 in MITX tokens, depending on your points. Share your referral link to earn more points. About Morpheus Labs Morpheus Labs is a Singapore-based blockchain startup founded in the Year 2017. Their primary aim is to build a comprehensive and inclusive Blockchain Platform-as-a-Service (BPaas) and App marketplace that enables organisations and developers to rapidly design, deploy and operate distributed ledgers at the fraction of the current cost and time. Morpheus Labs is listed on CoinMarketCap. Would you like to receive the latest free Airdrop Alerts? Join our Telegram or Twitter.

a day ago

Rtrade Launches Temporal: A Cloud Suite for Decentralized and Blockchain Based Applications

Vancouver, British Columbia - March 7, 2019 — RTrade Technologies is proud to announce the launch of Temporal, a versatile tool for companies with large amounts of data to secure, store and track. The platform can be used as is, or customarily built to manage and deploy blockchain-based applications and non-blockchain data-storage solutions for any enterprise. Temporal is a first-of-its-kind open-source API for distributed data storage solutions that can be easily integrated into any existing application stack, quickly and safely scaling projects with turnkey IPFS tools without sacrificing security. With flexibility in mind, the plug-and-play design of the API is swappable with other storage protocols for developers and partners to update at will. This production launch will fundamentally change how users and enterprises manage data as they migrate to Web 3.0 architectures. “The centralized, slow, expensive ways of HTTP have become outdated. We developed Temporal to help give back data control to the users,” said Derrick Foote, Founder and CEO of RTrade Technologies. “Our team’s passion, drive and core values have been dedicated to this project from day one. Privacy of data has unfortunately become a luxury online in the last few years. This is why we’ve created tools to help foster trust and transparency in the decentralized web.” Web 3.0 represents a paradigm shift in the way users interact with, transport and store data in a truly decentralized manner. Internet companies are already having a tough time staying ahead of content demands. With the rise of IoT, advancements in AI and many other great technologies in the tech sector consuming data faster than ever before, the need is greater than ever for a solution that truly revolutionizes the way we store data and connect online. RTrade’s Temporal platform offers a scalable solution for the internet’s growing data security concerns. Temporal is available to use for free, along with priced options for more monthly storage and tracking capabilities. About RTrade Technologies Founded in 2017, RTrade has already worked with industry leaders who have been developing in the blockchain space since 2014, such as Chainlink and Storj Labs. RTrade handles some of the most resilient IPFS infrastructures, with code merged into go-IPFS, go-IPNS and Libp2p main code base. RTrade is dedicated to building and growing technology in the right way, with a focus on private networks, data storage and data monitoring systems that make it easy for companies to adapt. The post Rtrade Launches Temporal: A Cloud Suite for Decentralized and Blockchain Based Applications appeared first on NullTX.

2 days ago

UK Regulator: 3% of Consumers Surveyed Have Bought Cryptocurrency

The U.K.’s Financial Conduct Authority (FCA) published two reports on consumer attitudes and awareness to crypto assets in the country. The research includes qualitative interviews and a national survey of 2,132 British consumers. Also Read: In the Daily: Tokenized ETFs, Chainalysis, Binance Labs in Argentina 3% of Brits Report Buying Crypto Assets The number of consumers who reported buying cryptocurrencies in the national survey stood at just 51. From this, the FCA estimates that only 3 percent of Brits have ever bought crypto assets. Of those who reported buying crypto, around half spent under £200 ($263) and a large majority of those said they had financed the purchase with their disposable income and not with borrowed money. 50 percent reported to have spent their money on BTC, 34 percent chose ETH, and 20 percent invested in BCH, LTC and XRP. These findings could indicate under-reporting by cryptocurrency owners, some of whom may wish to keep their investments private, but the figure seems to have alleviated the fears of the regulators. Christopher Woolard, the FCA’s Executive Director of Strategy and Competition, commented: “The results suggest that although crypto assets may not be well understood by many consumers, the vast majority don’t buy or use them currently. Whilst the research suggests some harm to individual crypto asset users, it does not suggest a large impact on wider society.” 27% of UK Consumers Can Define Cryptocurrency In its summary of the research, the FCA has intimated that some cryptocurrency investors are clueless and greedy. For example, it highlights the handful of interviewees who said they made their purchases without completing any research or due diligence beforehand, despite the fact that this is true of many casual forex and stock investors who do the same. The FCA also tries to link cryptocurrency owners to “risky behaviors” such as listening to friends, acquaintances and social media influencers over the government’s warnings. Moreover, it notes that “many told the qualitative researchers that they were distrustful of mainstream media or official sources of information.” Additionally, it highlights that 73 percent of those surveyed said they didn’t know what cryptocurrency is or were unable to exactly define the term. The term was most recognized by middle class and upper middle class men aged 20-44 years old. What do you think about the findings of the FCA’s research? Share your thoughts in the comments section below. Images courtesy of Shutterstock, FCA. Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH and other coins, on our market charts at Satoshi’s Pulse, another original and free service from The post UK Regulator: 3% of Consumers Surveyed Have Bought Cryptocurrency appeared first on Bitcoin News.

2 days ago Airdrop is worth up to 90 FFM tokens (~$ 1). Share your referral link to earn 10 FFM tokens (~$ 0.10) per referral. About Library is a blockchain-based peer-to-peer library for useful free and paid content that will provide one single place to publish and preserve useful files of all types. Using this platform, anyone can publish files that they think have some value. These files will be stored on a hybrid-decentralized network to ensure fast download speed and uninterrupted access to files, even if there are no seeders online or the main servers go down. Users will be able to receive tokens for useful work - uploading, sorting, tagging files - and will be able to spend them on legally buying copyrighted files, increasing private storage space or exchanging them for other extra services. is rated 4.5/5 on ICObench. Would you like to receive the latest free Airdrop Alerts? Join our Telegram or Twitter.

2 days ago

Ripple’s XRP Makes Another Step Forward Going Live on Huobi OTC

CoinSpeaker Ripple’s XRP Makes Another Step Forward Going Live on Huobi OTC Just recently, the whole crypto community has been actively discussing XRP listing on Coinbase. It was a milestone for both of them which has resulted in disputes whether there were no Coinbase’s listing rules violations due to the controversial nature of the relations between Ripple and XRP. Though Ripple is doing its best to convince the audience that XRP is not a security and it’s not centralized, there are still a lot of doubts from the side of the industry’s participants and players. XRP on Huobi OTC Nevertheless, XRP is moving forward. As it has been announced, the coin has recently joined Bitcoin, Ethereum, Tether, Eos and Huobi Token in the list of digital assets supported by Huobi’s over-the-counter (OTC) trading platform. This update is said to be available to the platform’s users in 24 different world’s currencies, the list of which includes USD, GBP, CND, CAD, EUR and others. The maker fee will be different for different currencies. As for the taker fee, it is set at 0%. Speaking about their new move, Livio Weng, the CEO of Huobi Global, stated: “In addition to serving as Huobi Global’s main onramp, Huobi OTC is also our main platform for users who prefer peer-to-peer trading. It is very important for our overall trading system. The addition of Ripple is a big step forward in expanding our already extensive offering here.” Of course, Mr. Weng meant to say XRP instead of Ripple in this very context, nevertheless, it’s quite a common case for these two notions to be misused. The main aim of the peer-to-peer OTC wing of China-based crypto exchange Huobi is to provide a reliable link between digital assets and fiat currencies. Also, it functions as an escrow to those who place buy or sell ads on the platform and then carry out transactions exchanging crypto and fiat currency. As for Huobi Global itself, it is the world’s eighth largest crypto exchange by trading volumes and it makes a huge contribution to the growth of XRP. The share of Huobi Global exchange in XRP trading globally accounts for 5.729% and the exchange contributes over $20.733 million worth of trading volume for XRP through the offered trading pairs: XRP/USDT, XRP/BTC, XRP/HT. XRP Performance In February, when it was announced that XRP had been listed on Coinbase, it was expected that this news would boost the liquidity of XRP by manifold times. Quite soon, the price of XRP increased by more than 10%. Nevertheless, the growth didn’t last long. Now it is ranked third in the list of major cryptocurrencies with a market capitalization of $12.979 bln. It is traded for $ 0.31 and has gained 0.32% over the last 24 hours. But even these not very positive changes in its price despite all the recent achievements do not make XRP community lose hope for the bright future. Ripple’s XRP Makes Another Step Forward Going Live on Huobi OTC

2 days ago

PR: ClinicAll Revolutionizes the Healthcare Industry With Blockchain

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. is not responsible for or liable for any content, accuracy or quality within the press release. These days, the most revolutionary and demanded invention with many ways of application is Blockchain. Many people believe Blockchain is only about cryptocurrencies and the methods we deal with money. But what if we told you it is designed to improve the quality and efficiency of medicine? Large enterprises, growing businesses, and ambitious startups are continually introducing Blockchain solutions into healthcare, making great progress in this industry. The fact is, this technology doesn’t heal patients and isn’t used as a remedy against incurable diseases, but it excellently solves crucial problems found in the modern healthcare system. Through the use of Blockchain with its high level of security, privacy and interoperability of patient data, numerous medical organizations are turning to the patient-oriented model and drastically improving healthcare facilities. We deservedly call it a panacea for the troubles in the world of health. Where and Why the Healthcare System Fails The main principle of the healthcare industry is the provision of high-quality medical services to patients. However, the bureaucracy and federal regulations make health management fairly inefficient and lengthy. There is a big gap between providers of healthcare services and receivers, and every year, this gap becomes more immense due to the constant increase in the number of patients. This tendency leads to obstacles when healthcare providers are unable to store and manage large amounts of medical data, especially taking into account personal health data are scattered over different institutions and departments. As a result, required information is not accessible and available in case of emergency. Another pitfall is outdated medical systems storage of patients’ records. The absence of innovation prevents doctors from making accurate diagnostics and prescribing effective treatments. This situation is exacerbated by software flaws and bad usability: Up to 40% of healthcare service providers’ records contain errors or misleading information. Patients are not the only ones suffering from healthcare defects. A striking fact is, the cost of data breaches for healthcare organizations is estimated at up to $380 per record(, and this figure continues to increase. The huge amount of financial data crimes and spamming are the result of non-access and lack of control of personal data by patients. Healthcare organizations pay high costs for this. Another widespread crime is drug counterfeiting leading to $200 million of losses. The modern healthcare industry can’t be considered a single, entire and automatically operated ecosystem. It’s sad to acknowledge medical organizations misuse patient data and don’t provide highly effective health services. That’s where advanced and totally secure technology can clean up the mess, and Blockchain is the superman in this story. Blockchain In Simple Words The Blockchain is undoubtedly one of the most ingenious inventions of the last years. This technology logs and keeps information in multiple locations through an encrypted digital ledger, which prevents the leakage of valuable data and cases of hacking. In this way, if a computer is compromised, Blockchain allows you to to prevent loss by controlling access to the digital ledger. The main feature of Blockchain is all information is stored in sequential blocks, and once written, this info can’t be changed or deleted. It can only be complemented by adding new blocks. No one can edit the previous blocks with data. Furthermore, blockchain is a decentralized system; contained data are not managed by one holder and are not stored in a single central place.The blocks go one by one in a secure sequence (chain), which has a link to the previous block and evidence about time of the creation or improvement. These mechanisms make Blockchain the most secure and inventive technological system. The Benefits of Blockchain Technology For Healthcare The Blockchain era in the healthcare sector has already begun. It has enough power to improve patient care quality and maintain the price of medical services at a reasonable rate. Blockchain opportunities for healthcare are abundant, and below, we cover the potential (and real) ways of using this technology both by healthcare providers and patients. Data security and integrity The ongoing amount of medical data increases every day. Information managed by medical organizations includes patient health information (PHI), electronic health records, data collected from monitoring systems and medical insurance. Blockchain allows medical organizations to verify the correctness of data and store it safely. Due to the integrity property, the w

3 days ago

Bitsdaq Candy Campaign

Bitsdaq Airdrop is worth up to 6000 BXBC tokens. Additionally, you will get 200 BXBC tokens for daily login and the reward will accumulate. Share your referral link to earn up to 1000 BXBC tokens for every referral. About Bitsdaq Bitsdaq is the official partner of Bittrex in Macau, Singapore, and Canada, a new exchange based in Hong Kong, leveraging Bittrex’s technology to provide customers a secure, advanced and reliable platform and an extensive selection of digital tokens. The platform aims to become the global digital currency trading platform in Asia. Would you like to receive the latest free Airdrop Alerts? Join our Airdropalert Telegram.

3 days ago

1.3 Million Leaked Transactions Link Major Banks to $8.8 Billion Money Laundering Scheme

A new set of reports by the Organized Crime and Corruption Reporting Project, compiled from over 1.3 million leaked transactions from 238,000 companies, have linked many major banks to a scheme to channel billions of dollars out of Russia. The Troika Laundromat is unique in that “it was created by a prestigious financial institution.” Also read: SEC Chair Explains Key Upgrades Needed for Bitcoin ETF Approval $8.8 Billion Money Laundering Scheme The Organized Crime and Corruption Reporting Project (OCCRP), a non-profit media organization, published a set of reports this week detailing a complex money laundering scheme “to channel billions of dollars out of Russia” which it and Lithuanian news site uncovered. “The data, which was compiled from multiple sources, represents one of the largest releases of banking information ever, involving some 1.3 million leaked transactions from 238,000 companies,” worth $470 billion, the project website describes. OCCRP Executive Director Paul Radu elaborated: Among the counterparties on these transactions were major Western banks such as Citigroup Inc., Raiffeisen, and Deutsche Bank. The dozens of companies in the system also generated $8.8 billion of internal transactions to obscure the origin of the cash. He noted that Citigroup did not respond to a request for comment, Raiffeisen declined to comment, and Deutsche Bank refused to comment for legal reasons, claiming to have limited access to information on the transactions in question. The Troika Laundromat This money laundering scheme is referred to by the OCCRP as the Troika Laundromat. “The Laundromat wasn’t just a money laundering system. It was also a hidden investment vehicle, a slush fund, a tax evasion scheme, and much more,” Radu wrote. “The Troika Laundromat is unique among the Laundromats that have been uncovered in recent years in that it was created by a prestigious financial institution.” He further explained that this scheme involved Russian private bank Troika Dialog between 2006 and early 2013. The bank was established in the early 1990s and became the country’s largest private investment bank. It was purchased in 2012 by Russia’s largest state-owned lender, Sberbank. A 2006 interview with Troika co-founder Pavel Teplukhin revealed that the bank had a strong relationship with a local Citibank office where up to 20 percent of its new investors came from. This made the New York-based Citibank Troika’s biggest “external agent,” Radu emphasized, adding: Other major international banks, including Credit Suisse and Standard Bank Group, did significant business with Troika as well. Widening Fallout Following the Troika Laundromat reports, “Finland’s Nordea Bank and Germany’s Deutsche Bank have also been drawn into the widening fallout, as OCCRP partners revealed they received 700 million euros [~$791 million] and $889 million respectively in potentially dirty money,” OCCRP reporter Harry Holmes wrote Wednesday. Another OCCRP reporter, Katarina Sabados, reiterated: Among the implicated European banks are Danske Bank, Deutsche Bank, Credit Agricole, Swedbank, Raiffeisen Bank International, and Coöperatieve Rabobank. Meanwhile, prosecutors in the Netherlands said on Wednesday that they are evaluating signs of Dutch involvement, Reuters reported. The news outlet conveyed that “Dutch magazine de Groene Amsterdammer, part of the OCCRP group, alleged that ING, ABN Amro and unlisted Rabobank handled hundreds of millions of euros in improper payments.” What do you think of the Troika Laundromat? Let us know in the comments section below. Images courtesy of Shutterstock and the OCCRP. Need to calculate your bitcoin holdings? Check our tools section. The post 1.3 Million Leaked Transactions Link Major Banks to $8.8 Billion Money Laundering Scheme appeared first on Bitcoin News.

3 days ago

Introducing Free SimpleFX Live Quotes and Charts Widgets

SimpleFX has just added new real-time charts and quotes widgets. You can customize them in just a few clicks and place on your website giving more value to your readers. The widgets are available at the affiliate management platform, and each has a personalized referral link. Each time a new SimpleFX user registers after clicking a widget, the new account will be linked with the website owner’s account, who will get up to 25% lifetime revenue share from any transaction spread ever generated by the new SimpleFX customer. It’s as simple as that. The Live Widgets are one of three major features added recently to SimpleFX. The other two are Trading Ideas - a tool for sharing strategies, activating followers and earning recognition as well as lifetime revenue - and Multicharts - a multi-tasking tool for live trading. SimpleFX promotes the new features with a “March Madness” offer. For the whole month, traders can earn $500 with a 20% spread cashback. Start trading today and make the most of the lower spreads. Increase your traffic and engagement rates Millions of people invest in cryptocurrencies globally, hundreds of millions own stock, and billions are following currency exchange rates. They are looking for the real-time quotes. They want to compare the prices of different instruments and see the current trends. These needs generate billions of Google searches every day. Quotes and charts are a great way to increase traffic to your website. The SimpleFX live widgets will: Increase the traffic to your website Reduce the bounce rate for visits Prolong the average time spent on the website Improve your website’s visibility in search result pages Give you additional revenue streams Let me walk you through each of the widgets. Market Overview Widget You can use the easy editor to create a unique content. The symbols you add will be automatically grouped into different categories, such as cryptocurrency, Forex, Equities JP, Equities US, etc. You can also pick a dark or light theme to match your site’s design better and adjust the size to fit the layout and present all the quotes and charts you want to show. You can do similar adjustments also with the other widgets. Live Quotes With just a few clicks you can create a list of any real-time tickers that change as the market prices flow. Pick any instrument. You can decide what you want to show your visitors. Remember that you can place many Live Quotes tables on your site or blog. In this widget you can also decide which elements you’d like to show: Widget Header, Symbol, Sell and Buy buttons, 24h Change and a flag that shows the region or instrument category. Feel free to adjust the size of your live quotes widget, as well as the language. SimpleFX Live Quote and Chart Widgets are fully international and will help you reach audiences anywhere in the globe. Live Quotes Bar This is a great widget to place at the very top of a finance-related site. Whenever you write about cryptocurrency, stock or anyhow relate to foreign exchange you can customize the real-time live quotes bar accordingly. You can add or remove any trading instrument by typing a part of the name into the search bar, and clicking the “+” or “-” button. Live Quotes Bar Widget is a horizontal ticker where the prices change in real-time. You can add as many instruments as you want. Intraday Chart This advanced chart widget is very simple to use. Just start typing the symbol and you will see how the result list narrows to what you search for. Then press the green “+” button to get the intraday chart of the instrument you want. The data on the intraday chart is one of the most sought after information for people searching for the “bitcoin price”, USDCNH rate or Nvidia stock price. Now the best part about the new SimpleFX Live Widgets. Your site’s visitors can click “SELL” or “BUY” buttons to directly go to the SimpleFX WebTrader. For every referral that registers to the service through a widget on your page, you will get a lifetime revenue share of up to 25 percent. Not bad! Currency Converter Last but not least a handy currency converter. You can reach an audience of billions of people who are looking for foreign exchange rates of their currency. It’s a universal tool. You can choose the default currencies pair that will appear in your site, however, the visitors can use the converter to calculate any exchange rate they want. It’s a conversion tool designed to attract a broad audience as possible. Still, every visitor that creates an account clicking “Powered by SimpleFX” label or any other referral link on the page will join your lifetime revenue network. Give SimpleFX Widgets a try and see yourself how effective they can be. They are 100% free, and we will pay you up to 25% lifetime rev share for every account registered after clicking at any of the widgets. You can use the widgets to upgrade your site or to create a new website. The post Introducing Free SimpleFX Live Quotes and Charts

3 days ago

How Trump Drove Up Bitcoin Prices — For a Few Months at Least

I previously thought there wasn’t much of a link between quantitative easing and crypto, in large part because crypto is such a niche market. But the data tell a different story.

3 days ago

How Trump Drove Up the Price of Bitcoin — For a Few Months at Least

I previously thought there wasn’t much of a link between quantitative easing and crypto, in large part because crypto is such a niche market. But the data tell a different story.

3 days ago

Vodi X

Vodi X Airdrop is worth up to 120 VDX tokens (~$ 12). Share your referral link to earn 10 VDX tokens (~$ 1) for every referral. About Vodi X Vodi is the next generation of messaging and financial mobility, all-in-one mobile application. A smart, fun and rewarding messaging app, available in iOS and Android, that will revolutionize and redefine what it means to connect with loved ones, search, make last-minute gift purchase instantly, conveniently recharge prepaid mobiles worldwide, and make international calls from anywhere. Would you like to receive the latest free Airdrop Alerts? Join our Airdropalert Telegram.

3 days ago

In the Daily: Opera Browser, EY Tax Tool, Elliptic, Cryptopia Exchange

In this edition of The Daily we cover the next step in the crypto strategy of the Opera browser, a new tax reporting tool for major cryptocurrency investors from EY, a response from Coinbase’s former surveillance partner Elliptic, and an update on hacked New Zealand exchange Cryptopia. Also Read: Gibraltar Exchange to List Bitcoin Cash Fiat Trading Pairs Opera to Bring Crypto Wallet to iOS Opera Ltd (NASDAQ: OPRA), the Norway-headquartered company behind the web browser used by over 320 million people, has announced Opera Touch for iOS to Web 3. This means that users of Apple devices will soon gain access to a full-featured browser with an integrated native cryptocurrency wallet and dapp browsing functionalities. The company made the decision following the success of its crypto wallet and dapp explorer in Opera for Android, and in response to popular demand from the Ethereum community. Earlier this year the Norwegian browser-maker enabled its Android users in Scandinavia to buy cryptocurrencies directly on their smartphones. EY Creates Crypto Tax Tool Ernst & Young, one of the “Big Four” global accounting firms, has launched a solution in the U.S. for facilitating accounting and tax calculations for cryptocurrency transactions. The EY Crypto-Asset Accounting and Tax (CAAT) tool was developed by integrating recently acquired technology assets and related patents. It sources transaction-level information from major exchanges, consolidates the data, and allows for the automated production of various reports and dashboards as well as preparation of IRS tax returns. According to EY, the tool will be used to serve institutional clients that have crypto assets on their balance sheets, as well as both institutional and individual clients who trade such assets on a smaller scale. From a retail client perspective, the product will be offered to high net worth individuals served by the private client services practice. The accounting firm reports it has seen a significant increase in the number of clients that hold and trade crypto assets. Elliptic Rejects Allegations of Selling Users’ Personal Data Dr. James Smith, the CEO of Elliptic, has confirmed that his company provided cryptocurrency surveillance services to Coinbase but denied distributing traders’ personal information for financial gain. The exchange has been under a lot of public pressure recently following its acquisition of Neutrino, a competing surveillance service with ties to Hacking Team. One way Coinbase defended the acquisition is by claiming that having a surveillance team in-house will prevent the need to send information to third parties that can then sell that client data. The CEO of Elliptic explained that the company has no access to end users’ personally identifiable information. “Our exchange clients, including Coinbase, do not provide us with any personally identifiable information about their users. Our clients use our solutions to screen specific transactions for risk. We do not require or request any transaction data that we can link to individuals, and do not have any other client information such as names, addresses or social security numbers.” His carefully worded denial stopped short of stating that Elliptic has not passed data onto third parties for purposes other than financial gain, however. Hacked Exchange Cryptopia Is Back Online The website of New Zealand-based cryptocurrency exchange Cryptopia is now back online. The platform, which was hacked at the start of the year, losing almost 10 percent of its assets, is operating in read-only mode and showing balances as they were on Jan. 14. The company has also announced that the next phase in its recovery will be introducing cancel-only mode in the coming days for users to cancel any positions before the trade engine is turned back on and full operations recommence. What do you think about today’s news tidbits? Share your thoughts in the comments section below. Images courtesy of Shutterstock. Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH and other coins, on our market charts at Satoshi’s Pulse, another original and free service from The post In the Daily: Opera Browser, EY Tax Tool, Elliptic, Cryptopia Exchange appeared first on Bitcoin News.

3 days ago

Coinbase Partner Denied Company’s Claim of Selling Data - Controversial Neutrino Acquisition On New Turn

Yet another debate raised up for Coinbase exchange. While the firm intends to end up the controversial Neutrino acquisition discussion (going on since so long), Coinbase’s client took to Twitter, denying the claim that the executive of Coinbase made in a recent interview. Highlights of the controversial event so far (Topic simplified) Feb 19 - Coinbase acquired Neutrino team and confirmed it via an official blog Feb last week Mounting Debate on the acquisition of Ex-Hacking team of Neutrino The company responded to the reason behind its acquisition #DeleteCoinbase Boycott Captured Company’s attention March 01 - Coinbase’s Director of Sales Explains why acquisition was Important and claimed ‘platform’s previous analytics provider indulged in ‘selling client data to outside sources’. March 04 - Coinbase pushed out Ex-Hacking team behind Neutrino, claiming that they didn’t properly evaluate everything in view of mission and value as a crypto firm. March 04 - Elliptic, the Coinbase partner denies Coinbase’s claim of selling exchange’s customer data March 05 - Coinbase clarifies, the exchange itself never shared customer data with any third party analytics service provider Christine Sandler who is the director of institutional sales at Coinbase had recently discussed Neutrino acquisition and claims the previous analytics providers were reportedly selling client’s data to outside sources - following the heating bulletins on her claim, now Coinbase reports that she misspoke it. But as seen, such claims cannot go unnoticed - consequently, Coinbase’s partner Elliptic denies the allegation reported last Friday in an interview. The CEO of Elliptic, James Smith took to Twitter and explained his response to how his firm works with client data. My response to recent questions around how @elliptic works with client data: — James Smith (@DocJamesSmith) March 4, 2019 In a blog post, he discussed about ‘personally identifiable information’ with exchange clients like Coinbase; Elliptic has no access to end users’ personally identifiable information. Our exchange clients, including Coinbase, do not provide us with any personally identifiable information about their users. Our clients use our solutions to screen specific transactions for risk. We do not require or request any transaction data that we can link to individuals and do not have any other client information such as names, addresses or social security numbers. Addressing these situations, Coinbase reports that; “never shared our customers’ personally identifiable information with any third-party blockchain analysis vendors.” However, it wasn’t known which former client that Coinbase’s Sandler was addressing to - further the type of data which was in the high debate had also kept in secret. Indeed, it’s a fact that the blockchain companies as a part of their proprietary products, sell aggregate wallet data but without the name or identifying personal information. So for now - Coinbase’s former client responded to Sandler’s claim and Coinbase clarified that she misspoke and nothing involved as such. There’s no further comment from Coinbase and Ellipit’s Smit, Share your thoughts what do you think on this nightmare for Coinbase so far! The post Coinbase Partner Denied Company’s Claim of Selling Data - Controversial Neutrino Acquisition On New Turn appeared first on Coingape.

4 days ago

Coinbase Data Firms Speak Out On Peddling Private Information

A major cryptocurrency exchange and two blockchain research companies have been hit with a wave of bad press over recent allegations of the sale of users’ personal information. Last month, popular U.S. cryptocurrency exchange Coinbase announced the purchase of controversial blockchain data company Neutrino, citing the fact that their previous provider had sold private user data to unauthorized third parties. In the midst of the ensuing backlash, James Smith, CEO of blockchain data research group Elliptic, a former partner of Coinbase, penned a public announcement denying any involvement in the sale of personal information. Smith replies: I have been disappointed to see reporting in the past few days which has incorrectly implied that Elliptic is distributing personal information for financial gain. Such comments fundamentally misunderstand the data we analyse, the insight we share with our clients, and the role we play in the industry.” The firm contends that it does not collect private data that could link any transactions to individuals, but instead merely catalogs and compiles an exchange’s transaction history. Similarly, Chainalysis, another major cryptocurrency data research company, released a public statement teetering somewhere between an explanation and a defense of its own data collection methods. Much like Smith’s response, Chainalysis clarifies that it does not collect or store any personally identifying user data on its platform. The company states: “Exchanges that use Chainalysis KYT (Know Your Transaction) for AML compliance submit their transaction data—not personally identifiable customer data—to Chainalysis to automate the process of transaction monitoring.” The company went on to restate its inability to track personal information twice more in its response, though comment on whether or not the firm had ever sold any private data was notably missing. As the narrative unfolds, more public disclosure, statements and responses may be necessary from each company involved to fully clear its name. The author is invested in digital assets, but none were mentioned in this article. Join the conversation on Telegram and Twitter! The post Coinbase Data Firms Speak Out On Peddling Private Information appeared first on Crypto Briefing.

4 days ago

ChainLink / USD Technical Analysis: On The Edge

ChainLink is bearish in the short-term with the cryptocurrency below key support and price starting to make bearish lower lows A bearish head and shoulders pattern is also taking shape across the four-hour time frame The medium-term outlook for LINK / USD is currently bullish, although the cryptocurrency is sliding back towards its 200-day moving average ChainLink / USD Short-term price analysis ChainLink has turned bearish over the short-term, with the cryptocurrency creating bearish lower lows and falling below its key 200-period average on the four-hour time frame. Bulls have repeatedly failed to break above the November 2018 trading high, with the upside technical failures helping to create a potential head and shoulders pattern on the four-hour time frame. Continued weakness in the LINK / USD pair will likely prompt a key test of the January 10th trading low, which is also the neckline of the previously mentioned head and shoulders pattern. LINK / USD H4 Chart (Source: TradingView) Pattern Watch If bulls fail to rally the LINK / USD pair above its current yearly trading high, the chances of a bearish head and shoulders pattern forming will dramatically increase. Stochastic Indicator The Stochastic indicator on the four-hour time frame is attempting to correct higher, which could signal a potential re-test of the pair’s 200-period moving average on the four-hour time frame. The short-term sell-off is partially caused by the market downtrend. In addition, investors might also start taking profits, from the bull run that happened for the past six months, which can be better seen in LINK / ETH and LINK / BTC pairs. ChainLink / USD Medium-term price analysis The LINK / USD pair remains bullish over the medium-term, with the cryptocurrency trading above its 200-day moving average since the start of the year. ChainLink is starting to come under increasing selling pressure and is now moving closer towards its 200-day moving average. Furthermore, the LINK / USD pair has recently broken below a well-defined triangle pattern on the daily time frame. The Ichimoku cloud on the daily time frame chart also highlights that bearish selling pressure is increasing, with the cryptocurrency falling back inside the cloud and testing towards the actual baseline of the Ichimoku cloud. LINK / USD Daily Chart (Source: TradingView) Pattern Watch Traders should watch for continued weakness below the triangle pattern on the daily time frame, as it may signal the start of a stronger decline in the cryptocurrency. Cloud Watch Price is now trading clearly inside the Ichimoku cloud on the daily time frame with the Kijun-sen line offering major technical support. MACD Indicator The MACD indicator on the daily time frame is turning lower, with a bearish line crossover currently underway. There are several reasons for the bullish medium-term potential of the project. The project is trying to solve the biggest problem of smart contracts, the lack of oracles. It might be the closest of any project to offering a solution. Fundamentally it remains strong and faces little in terms of public competition. In addition, the project has been trading near its ATH from January 2019, in terms of BTC and ETH and overall has shown a bullish pattern for the past few months for these trading pairs, which may signal confidence in the project from the crypto faithful. Conclusion Traders should closely monitor ChainLink over both time horizons; the LINK / USD pair is currently at risk of losing its medium-term bullish outlook, with the cryptocurrency edging closer to major technical support on the daily time frame. Traders should note that the LINK / USD pair has traded above its 200-day moving average since the start of the year; a bearish break under the 200-day should provoke strong technical selling. However, technical selling is not driven by changing fundamentals or recent news and does not affect the overall positive story for the project. [{"date":1520201053000,"value":0.603521,"volume":3463420},{"date":1520290454000,"value":0.588264,"volume":5263430},{"date":1520376853000,"value":0.537057,"volume":3244080},{"date":1520463253000,"value":0.525829,"volume":5256720},{"date":1520549653000,"value":0.482987,"volume":3521820},{"date":1520636053000,"value":0.477102,"volume":3331400},{"date":1520722454000,"value":0.470811,"volume":2573540},{"date":1520808853000,"value":0.51167,"volume":2483160},{"date":1520895253000,"value":0.509494,"volume":5148560},{"date":1520981653000,"value":0.552291,"volume":4143210},{"date":1521068054000,"value":0.449266,"volume":5457250},{"date":1521154453000,"value":0.418345,"volume":8354450},{"date":1521240853000,"value":0.43702,"volume":10683900},{"date":1521327254000,"value":0.379678,"volume":9308280},{"date":1521413653000,"value":0.366556,"volume":9778420},{"date":1521500053000,"value":0

4 days ago

Reacting to Public Ire, Coinbase Drops Neutrino Execs With Hacking Team Ties

After a week of community discontent, cryptocurrency exchange Coinbase has decided to sever its business relationship with Neutrino employees who previously worked at the notorious Italian malware/software provider Hacking Team.Blaming “a gap in [Coinbase’s] diligence process,” CEO Brian Armstrong writes in a Medium post that Coinbase “did not properly evaluate everything from the perspective of our mission and values as a crypto company.”“We took some time to dig further into this over the past week, and together with the Neutrino team have come to an agreement: those who previously worked at Hacking Team (despite the fact that they have no current affiliation with Hacking Team), will transition out of Coinbase. This was not an easy decision, but their prior work does present a conflict with our mission. We are thankful to the Neutrino team for engaging with us on this outcome.”Last week, Neutrino’s link to Hacking Team came to light thanks to Twitter commentators like Block Digest’s “Janine.” At least three individuals in Neutrino’s core team (CEO Giancarlo Russo, CRO Marco Valleri and CTO Alberto Ornaghi) had been principal employees of Hacking Team, as well as Luca Guerre, an intern-turned-software-engineer at the company.Coinbase did not disclose which team members would be let go, so there’s no information to indicate how many other Neutrino employees might be affected by the severance. Armstrong also offered no timeline in his post for when these departures would take place.Disbanded in 2016, Hacking Team made headlines during its business’ zenith for selling surveillance malware to authoritarian governments. Their software’s use has been implicated in inumerable privacy and human rights abuses, including the death and imprisonment of journalists and civil rights activists.News of Hacking Team’s abuses spread like wildfire through the community, in part stoked by tenacious media coverage and social media backlash, culminating in a #DeleteCoinbase campaign.And apparently, this heat was enough for Coinbase to decide to dissolve its connections with the people previously associated with Hacking Team.Previously, the exchange had defended its acquisition in a blanket statement sent to the press. Coinbase stated that it “does not condone nor will it defend the actions of Hacking Team,” but that it was “important for [it] to bring [blockchain analysis services] in-house to fully control and protect our customers' data, and Neutrino’s technology was the best we encountered in the space to achieve this goal.”A few days after this response to the situation, Coinbase’s Director of Institutional Sales, Christine Sandler, would tell Cheddar that the need to bring these services in-house to protect data was due to its former blockchain analysis providers monetizing user data, something that is against Coinbase’s privacy policy.In his post, Armstrong mentions that Neutrino was also acquired because their old providers didn’t support all the assets [the exchange] wanted to have on [its] platform,” so it “examined the players, found that Neutrino had some of the best technology in this area, and decided to acquire them.” This article originally appeared on Bitcoin Magazine.

4 days ago

(LINK) Chainlink Price Prediction 2019 / 2020 / 5 years

(LINK) Chainlink Price Prediction & Forecast[Updated 4 March 2019] Thinking of investing in Chainlink in March 2019? Here is our honest price prediction and forecast. Overview Update (Mar 4, 2019): Among cryptocurrencies this year, Chainlink (LINK) has displayed relative stability and even growth. While the token has not continued its early climb, it continues to show

4 days ago

Coinbase CEO Claims Neutrino Team Will Be Asked To Leave

The CEO and co-founder at Coinbase, Brian Armstrong announced on 4th March that employees of Neutrino, who had previously worked at the controversial computer surveillance software company in Italy, Hacking Team would be asked to leave the US crypto exchange. Recap But before we get into it, let’s have a quick recap at Armstrong’s decision on this story. On 19th February, the US cryptocurrency exchange announced that it had "acquired Neutrino, a blockchain intelligence platform." The Engineering director at Coinbase, Varun Srinivasan explained in a blog post his reasoning behind the acquisition. "Blockchain intelligence is increasingly important in the crypto ecosystem, and is necessary to achieve our mission of bringing the open financial system to the world. By analyzing data on public blockchains, Neutrino will help us prevent theft of funds from peoples’ accounts, investigate ransomware attacks, and identify bad actors. It will also help us bring more cryptocurrencies and features to more people while helping ensure compliance with local laws and regulations. Neutrino’s technology is the best we’ve encountered in this space, and it will play an important role in legitimizing crypto, making it safer and more accessible for people all over the world." This week Yesterday, Armstrong posted a blog post that claimed that Coinbase wishes to “transition out” those employees of Coinbase who have had prior ties to Hacking Team. The CEO started by pointing out that in order to work with the banking system, Coinbase had no choice but to "implement a know-your-customer (KYC) and anti-money-laundering (AML) program, and a key part of those programs is blockchain analytics." In acknowledging Coinbase’s mistake, Armstrong said: "However, we had a gap in our diligence process. While we looked hard at the technology and security of the Neutrino product, we did not properly evaluate everything from the perspective of our mission and values as a crypto company. We took some time to dig further into this over the past week, and together with the Neutrino team have come to an agreement: those who previously worked at Hacking Team (despite the fact that they have no current affiliation with Hacking Team), will transition out of Coinbase. This was not an easy decision, but their prior work does present a conflict with our mission. We are thankful to the Neutrino team for engaging with us on this outcome." Coinbase has most likely suffered in terms of its image but it isn’t clear as to how much just yet. One Twitter user put a link to the new blog post with a caption of “A thread on why Coinbase firing former Hacking Team team members isn't good enough.”

5 days ago


Havaex Airdrop is worth up to 200 HVX tokens (~$ 40) in celebration of the launching event. Share your referral link to earn 50 HVX tokens (~$ 10) for every referral. Top 50 on the referral rank system wins up to 500.000 HVX tokens (~$ 100.000). About Havaex Havaex is a Hong Kong cryptocurrency derivative exchange that will provide an intuitive and professional trading platform that incorporate LYZE’s data analytics technology. Unlike other exchanges, Havaex will support a wide variety of crypto futures trading service, more than 30. Investors can profit by maximizing market exposure via free leverage ratio adjustment, up to 100x. Havaex will also support perpetual futures contracts. Would you like to receive the latest free Airdrop Alerts? Join our Airdropalert Telegram.

5 days ago

@joselitommutuc Hey there, its within the description of eac...

@joselitommutuc Hey there, its within the description of each voting choice (the link to the submission) before som…

5 days ago

Great to see Partners already earning coins! Share your affi...

Great to see Partners already earning coins! Share your affiliate link and earn 100,000 EFIN coins for every Partne…

5 days ago

Interview with Alex Gladstein from the Human Rights Foundation, and Leo Weese, President of the Bitcoin Association of Hong Kong

In this podcast interview, we get Alex and Leo’s take on China and Hong Kong’s approach to Bitcoin from a political, cultural and humanitarian perspective. We also talk in-depth about China’s technology and data control policies and mining. The podcast went over time, but there were so many great discussions that we made sure to include the entire 1 hour 15minute conversation in transcript below. Alex Gladstein is Chief Strategy Officer at the Human Rights Foundation. He has also served as Vice President of Strategy for the Oslo Freedom Forum since its inception in 2009. Leonhard (Leo) Weese, is the President of the Bitcoin Association Hong Kong. Alex Gladstein Hey, I’m Alex Gladstein. I’m the chief strategy officer of the Human Rights Foundation. We’re a non-profit that focuses on helping people who live under authoritarian governments. So we focus on closed societies and tactics and tools and strategies and sort of campaigns that might help people who live in places that don’t really have a Free Press or might have difficulty connecting to the financial system or let’s say the internet or who don’t enjoy the same sort of rights and freedoms that others do when it comes to things like being able to start a business or a local non-profit and things like that. So we’ve been looking at how technology can help people in tough political environments for a long time. Obviously things like encryption, VPNs. You know, avoiding censorship and surveillance has been a key theme. I think digital hygiene has become more and more important in the last few years especially.... And a couple years ago through you know engagement with a company called BitFury which started as a Bitcoin mining operation, we started to look at you know Bitcoin as one of these tools. So through my engagement with them and then a series of other companies in the wider cryptocurrency space and Blockchain space, I just started to get connected to people who are building and investing and thinking about the new world that Bitcoin and its brethren would bring about. And in particular, I started to get very interested in Bitcoin specifically as a liberation tool. I think it has some remarkable sort of aspects and attributes that make it really well-suited to help people who live in dictatorships and to help people who don’t have the luxury of being part of the modern financial system. So in particular, this ability to send money in a peer-to-peer way without having to go through the financial system you know if you have a basic phone and access to the Internet at either end, the ability for these two entities to transact with each other without having to ask permission, without needing a passport, without having to prove their identity or prove themselves to some sort of state approved entity is a pretty radical innovation. Truly radical innovation. I think on the same level that back in the 90s, the ability to start encrypting credit card information and stuff really helped give birth to the modern ecommerce society. I think Bitcoin is really starting to change the way that money can be moved abroad. And not just for individuals, but also for like regional agencies. So when we talk about whether it’s like sort of subdivisions of the UN or ACN you know thinking about helping people who don’t have access to money or services or who are victims of disaster or political attacks, things like that, I think this ability for good intentioned government entities to be able to send funds or resources directly to people without having to go through local governments is going to be really interesting, I mean your listeners should consider governments like the Burmese dictatorship for example who often try to bully international aid partners by saying like “no. We’ll only let you come in here and help people if you do X Y & Z.” I mean with Bitcoin, we can basically say screw you. Like we’re just going to give the money right away. So it’s kind of amazing to start to think about the impact it will have in the region you know especially given the backdrop of what’s happening in China obviously the region’s most powerful country most populous country where the government is using advanced technology to implement a pretty terrifying and comprehensive police state. Bitcoin remains something that and we can get more into this that they don’t seem to be cracking down on as much as they should or we think they would be and it remains a really interesting area for us to consider moving forward. Joyce Yang Yeah. I love to get in more detail to discuss both of you regarding this topic. Leo, why don’t you quickly introduce yourself to our audience as well. Leo Hi I’m Leo. I’m currently acting as president of the Bitcoin Association of Hong Kong. We are a not-for-profit that aims to bring the community together to get people to learn about Bitcoin, learn from each other, learn from guests, we hold meet ups and talks, panel discussion, seminars, an annual con

5 days ago

How To Use A Bitcoin Mixer To Make Your Transactions More Anonymous

Bitcoin transactions are known to be anonymous. Users are able to transact instantly without interference from third parties. However, this might not be the case after all due to some factors. With the public blockchain available to everyone, individuals can access your full transaction history. If keen, some individuals can use the transaction history combined with additional external information to narrow down your true identity. In this case, your cover is easily be blown. To tackle these challenges, Bitcoin mixers come into play. Bitcoin mixers throw off a potential spy from the trail of your transactions by mixing funds that can be easily identified with others. The process of Bitcoin mixing comes at an extra fee alongside some delays. With most mixing services you send Bitcoins and then you receive the same amount of other people’s Bitcoin to your address. In this process, you will be anonymous once again. To enhance trust, we have peer-to-peer Bitcoin mixers where the mixing process is undertaken by a group of people. Some of the popular Bitcoin mixers include How Does Bitcoin Mixer Work? Bitcoin mixer is for Bitcoin owners who aim to remain anonymous while conducting transactions. Users seeking anonymity have an opportunity to use Bitcoin mixer’s special automatic algorithms. The platform further provides room for peer-to-peer payments and donations. Through the platform, a Bitcoin owner can arrange to meet other holders and mix their funds on their own. The platform completely eliminates any chances of a user establishing a link between the incoming and outgoing Bitcoin addresses. The Bitcoin tumbler aims to protect a user’s personal information from hackers who conduct blockchain analysis to reach their targets. Note that before using services of Bitcoin Mixer, you need to set up an email address and anonymous wallet. For security purposes, it is advisable to use burner address that will be destroyed within hours based on the service provider. You will then need a wallet that will be used to send Bitcoin to the mixer. The same wallet will also receive mixed funds. How Long Does Bitcoin Mixing Last The mixing period majorly depends on factors like your demands and your security level. With Bitcoin Mixer, the process can last between 1 to 6 hours. In most cases, six hours is the ideal period for mixing Bitcoins. Bitcoin Mixer stands out in the market because it gives users an opportunity to set their own mixing time. However, the time frame should not be less than 30 minutes. It is important to note that the more period taken to mix, the higher the security level of your coins. While setting the time on Bitcoin mixer, indicate the wallet that will receive the money. Bitcoin Mixer User Interface Bitcoin mixer offers its services to the user in a straightforward manner. Getting started with the platform is very easy. All you have to do is to enter the wallet address where the blended Bitcoins will be forwarded to. The next phase is to select your preferred timeframe for the mixing. In the next stage, you will be presented with a window indicating the amount of Bitcoin you will receive after the mixing process. From there, sit back a and wait for your Bitcoin to be blended. Note that once the Bitcoins have been sent to Bitcoin Mixer, the platform waits for six network confirmation for each transaction. Furthermore, Bitcoin mixer has automated services that work without any human assistance. When the mixer finishes its work, it simply removes all linked information. Bitcoin Mixer Security Levels Bitcoin Mixer is based on anonymity. As such, the platform does not store the user’s email address contacts within a period of 24 hours. Bitcoin Mixer does not give out any information all Bitcoin transactions within its servers. The information is not even available in the system since it’s deleted once a transaction ends. No logs are stored in the Bitcoin servers. Bitcoin Mixer Transaction Fees For every transaction, Bitcoin Mixer charges a random commission of between 2-5%. Unlike other mixers, you can select the transaction charge in order to enhance faster transaction. Notably, if you wish to adjust the charges, Bitcoin Mixer has an available customer desk. The minimum amount required to mix is 0.02 BTC. However, any amount less than that will be considered a donation. Additionally, for every transaction in the mixer, you get a personal fee of 3.56% + 0.0001 for every transaction of the mixer. Customer Care Bitcoin Mixer offers clients with a contact form that for reaching out to the team in case of challenges. Furthermore, Bitcoin Mixer has a Frequently Asked Question section where a new user can get all the information about the platform and its services. Bitcoin Mixer Criticism As seen above, there is no limit to the number of Bitcoins to be blended. In other words, the platform allows the mixing of large amounts of funds which can be illegal since it violates the anti-str

5 days ago

Unlike The Petro, Iranian Crypto Rial Could Be A Success

Things look bleak for the Islamic Republic of Iran again. Sanctions reimposed by Donald Trump are likely to put pressure on an economy that has been performing well in recent years. Iran’s gross domestic product (GDP), which had steadily risen from $375bn in 2015 to $430bn in 2017, is predicted to drop by more than $100bn in 2019. And in the past five years, the value of the Iranian rial against the dollar has almost halved, falling from $0.000040 to $0.000024. Economic instability may be on its way, but a sovereign digital asset - which the regime is said to be seriously considering - may offer a softer landing than the U.S government would like to see. Iran’s proposed gold-backed cryptocurrency, dubbed the ‘crypto rial’, could even be a surprising success. What is the crypto rial? The world first heard reports Iran was developing a sovereign cryptocurrency last summer. But there was little news for more than seven months until late January, when the Central Bank of Iran released an early draft of a bill that would lift the nation’s blanket ban on cryptocurrencies, whilst maintaining certain restrictions. Then a week later, in early February, Iran unveiled plans for a crypto rial, to be backed by the country’s gold reserves. The government announced that more than a billion tokens would be minted, issued by four of the country’s largest banks. Users would also be able to see the reserves themselves, with a video link to footage of the reserves around the clock. A report by digital asset security firm CipherTrace said there would be clear benefits for the Iranian regime and economy if it was to issue a state-backed cryptocurrency. According to CipherTrace, what is effectively a gold-backed stablecoin could arrest the declining value of Iran’s national currency. But it will also potentially allow Iran to bypass economic sanctions; lead to the establishment of an alternative monetary zone outside of the West’s influence; and even bolster the regime’s standing within the country. “We conclude that such a currency and the regulations that Iran is proposing, will in fact, result in a flourishing cryptocurrency,” the analysts wrote in the report. What are the key benefits? Crypto Briefing reached out to the analysts behind the CipherTrace report. CEO David Jevans said Iran’s crypto rial is “clearly” motivated by its attempts to evade sanctions. Over the phone, Jevans explains that it would be a simple matter to get it listed on exchanges without KYC-AML requirements. So long “as they get other people to use it” - which is where a stable value backed by gold may come in - Iran could easily convert crypto rial into a popular cryptocurrency, such as Bitcoin (BTC) or Ether (ETH), which are tradeable worldwide. “This is a major use-case; crypto has already been used to get cash out of the country,” Jevans says. “People want liquidity and the ability to move money where they want it.” A change of hands through friendly countries, such as Russia or even China, would allow value to essentially bypass any sanctions placed explicitly against the regime. Through a monetary backdoor, Iran could access the global market, mitigating the effects of sanctions. But there are additional benefits to the country’s leaders. It would release Iran from an over-reliance on SWIFT - the Society for Worldwide Interbank Financial Telecommunication - which since the 1970s has been the payment network for transactions between financial institutions around the world. As Jevans points out, this is not a “bottom-up” movement. There are still few details available but the regime would essentially be in control of the blockchain. It could potentially track every single transaction taking place in and outside of its borders if the crypto rial were to catch on. “Although they [Iran] would not rely on a centralized system such as SWIFT, allowing the people to do more,” Jevans explains. “It would have much greater surveillance. The state can survey the blockchain far easier.” How is it better than the Petro? The crypto rial isn’t the first attempt to create a sovereign virtual currency, nor is it the first to try and evade sanctions. Last year Venezuela attempted to launch its own ‘Petro,’ backed by the country’s oil reserves, as a way to circumvent US-imposed sanctions and stabilize the economy. But so far, the grandiose claims enshrined in the whitepaper haven’t converted into a strong user-base or monetary alternative. The idea of a ‘sovereign cryptocurrency’ raised eyebrows when the Petro was first unveiled in December 2017. Its subsequent demise confirmed doubts about sovereign cryptocurrencies. But CipherTrace argues Iran’s attempt may be more successful. Despite protests, the regime is far more stable than the one in Venezuela and has adapted to functioning under imposed sanctions - the US has had some sort of economic embargo ever since the 1970s. Diplomatically speaking, Iran is nothing like Venezuela. It enjoys strong relationships w

5 days ago

15 Ways to lose your Bitcoin; and how to avoid it

Research firm Chainanalysis estimated that as much as 20% of all Bitcoin in existence is lost forever. At the time the study was released that was about 3.8 million Bitcoins that could never be recovered. In this article, we will explore all the possible ways one can lose their Bitcoins. Cryptocurrency hackers Cryptocurrency exchange hacks account for the majority of Bitcoin lost. Exchanges are popular targets for cybercriminals making up 27% of the attacks in 2018. Mt. Gox was the first high profile hack in cryptocurrency but since then many major exchanges have been hacked including Bitfinex, Bitstamp and most recently New Zealand based cryptocurrency exchange Cryptopia lost 9.4% of their total holdings. Phishing Cybercriminals stealing peoples Bitcoin by fraudulently obtaining usernames, passwords and login into hot wallets and withdrawing all coins. Some of the most common cryptocurrency phishing scams are fraudsters impersonating exchanges using email templates and emails that closely resemble emails from the exchange, which often require you to click on a link to correct an issue with their account, this link leads to a fake page that collects your login details. Remarkably, Ethereum is the hottest target for phishing schemes. Ponzi Schemes A Ponzi scheme is a form of fraud where early investors are paid out quick profits with funds obtained from the most recent investors. A Ponzi scheme has no realistic way of making money and offers people unrealistic returns. In crypto, an example of an alleged Ponzi Scheme is the BTC Global scheme which promised it’s investors returns of “2% per day or 14% per week.” About 28000 South African Investors lost about R1 Billion. Fake cryptocurrency wallets Fraudsters create fake wallet apps and list them on google play store, they usually mimic real cryptocurrency wallet apps. Their purpose is to get peoples credentials or steal peoples crypto. Some of this apps request users private keys and wallet password after launching them so that those details can be used to withdraw crypto from the real wallets whereas the others are just wallets that allow you to deposit but not to withdraw once you have sent the crypto. Catfishing Fake social media accounts are created impersonating reputable cryptocurrency projects or people. This is used in combination with phishing to get access to user accounts login details, for example, you get a fake twitter account impersonating the founder of Ethereum and that account tells you that if you deposit your ETH into an account, your ETH will be doubled. Not only are crypto-reputations used for catfishing schemes, financial and celebrity figures such as Richard Branson are used. Malware Malware on torrent sites and Google Play Store is built to steal Crypto from vulnerable sorts. For example, there is a malware program Clipper which uses the act of users copying and pasting wallet addresses to steal crypto. For example, if you send BTC to an address you usually copy and paste the address because it’s a long string of random characters, the clipper malware would then swap the wallet address when you paste which means you would send crypto to the wrong address. Fraudulent ICOs People who are new to crypto fall prey to fake initial coin offerings (ICOs) who advertise themselves as a new cryptocurrency investment that will yield high returns. They utilise the fear of missing out (FOMO) only for the projects never to materialise and the funds are never returned to the investors. Experienced investors know how to analyse projects based on the team to assess if they have the skills to deliver on their promises and whether there is already a minimum viable product etc. One of the more famed fraud ICOs is Centra, which was endorsed by Floyd Mayweather. Pump and dump schemes A pump and dump is price manipulation, fraudsters use social media groups to hype up projects or tokens known as “shit coins” because they add no value or have no real use-case which goes up exponentially in value overnight. Once the value increases, the fraudsters sell their tokens and soon after the massive sell off the token price sinks dramatically causing the people who held on for longer or who bought at higher prices to make massive losses. Celebrities or people are also used to create hype around said “shit coins”. Lost or damaged cold storage device There are stories of people who got involved early in Bitcoin when it was not worth much and they threw away their old computers, misplaced hardware wallets etc or their computers were damaged. Carelessness Sending your Bitcoin to wrong addresses, some wallets and exchanges have options that prevent users from sending coins to the wrong wallets (non-Bitcoin). Misplaced private keys People lose their private keys or the owners of the wallets and private key dies without sharing them or their location with anyone else. A recent example is the recent death of Gerald Cotton, who was the CE

5 days ago

In the Daily: Facebook Security Hole, Tron Attracts Snakes, the Satoshi Symbol

In Monday’s edition of The Daily, we examine Facebook’s latest security scare, and what this means for cryptocurrency users. We also take a look at classic snake game which is coming to the Tron blockchain, and consider some potential design for Bitcoin’s satoshi symbol. Also read: Startup Company Sets up Bitcoin ATM in Botswana Facebook’s New Feature Gets the Thumbs Down Facebook, which previously encouraged users to link their cell phone to their account for authentication purposes, has quietly made those numbers publicly searchable. As a result, every one of your Facebook friends - and potentially every single person on Facebook, depending on your security settings - can look up your number. For cryptocurrency users, accustomed to hearing cautionary tales of SIM-swapping, this is particularly troubling. For years Facebook claimed the adding a phone number for 2FA was only for security. Now it can be searched and there's no way to disable that. — Jeremy Burge (@jeremyburge) March 1, 2019 Thanks to Facebook’s new feature, an attacker can obtain a target’s cell phone number with comparative ease and from there socially engineer their way into taking controlling of it. “Using security to further weaken privacy is a lousy move — especially since phone numbers can be hijacked to weaken security,” tweeted one security expert. In related news, the Guardian is reporting on how “Facebook has targeted politicians around the world ... promising investments and incentives while seeking to pressure them into lobbying on Facebook’s behalf against data privacy legislation.” Hypersnakes Slides Its Way onto the Tron Network Tron Arcade and Mixmarvel have teamed up to bring the classic game to the blockchain. Hypersnakes, the blockchain iteration of, allows players to compete and earn TRX without a wallet, making it easier for gamers to acquire cryptocurrency. The classic game comes with added battle royale gameplay, airdrop treasure chests and other features design to incentivize adoption and fuel competition. Hypersnakes launched in beta on March 1, with the full release scheduled for mid-March. Tron Arcade, with $100 million of backing, is dedicated to funding and publishing high-quality games in the blockchain space. To date, gaming and gambling have proved two of the most popular use cases for the Tron network. Bitcoiners Propose Satoshi Symbol The satoshi or “sat” is the smallest unit of bitcoin, 100 million of which make up a whole bitcoin. While Bitcoin has had an unofficial logo for years, no one seems to have bothered drafting one for the humble sat. As focus has returned to microtransactions in recent months, however, coupled with the “stacking sats” movement - saving small amounts of bitcoin in the assumption they’ll one day be worth a lot - there has been renewed interest in the simple sat. A number of user-generated designs have been shared on r/bitcoin this week, with the most popular, with 1,400 upvotes, comprising the S and @ symbols fused together to create “sat.” The proposed satoshi symbol What are your thoughts on the stories in today’s news roundup? Let us know in the comments section below. Images courtesy of Shutterstock. Need to calculate your bitcoin holdings? Check our tools section. The post In the Daily: Facebook Security Hole, Tron Attracts Snakes, the Satoshi Symbol appeared first on Bitcoin News.

5 days ago

4 Most Common Hacking Methods To Steal Your Bitcoin

According to research from Chainanalysis, as much as 20 percent of all Bitcoin currently in circulation is to be lost forever. When this research was conducted, this would sum up to about 3.8 million Bitcoins that could never be recovered. So today, let’s take a look at all the possible ways that you can lose your Bitcoins. There are a lot of scams and hacks out there so it’s important to know what to be wary about when dealing with your cryptocurrency. Pyramid schemes This is a big one that seems to happen a lot in the crypto space. Also known as a Ponzi scheme, it is a form of fraud where early investors are paid out quick profits with funds obtained from the most recent investors. A Ponzi scheme has no realistic way of making money and offers people unrealistic returns. In crypto, an example of an alleged Ponzi Scheme is the BTC Global scheme which promised it’s investors returns of “2% per day or 14% per week.” almost 30,000 investors from South African have lost about $1 billion overall. Phishing Hackers and scammers seem to be always on the move, stealing Bitcoin by fraudulently obtaining usernames, passwords and login into hot wallets and withdrawing all coins. Some of the most common cryptocurrency phishing scams are fraudsters impersonating exchanges using basic templates in emails that look exactly the same to the real thing. Phishing emails will commonly require you to click on a link to correct a problem with their account. From here you will probably be asked to enter your personal details. Ethereum is one of the popular targets for phishing schemes. Hackers In general, cryptocurrency hackers account for the majority of Bitcoin’s losses. Exchanges are popular targets for cybercriminals and make up around 30 percent of attacks last year. The first big hack was the Mt. Gox exchange but since then, there have been a lot of major exchanges which have been attacked. One of the most recent hacks was with the New Zealand based cryptocurrency exchange Cryptopia who lost 9.4 percent of their overall crypto. Mistakes Another way that Bitcoin and cryptocurrencies can be lost is through mistakes and carelessness. Some wallets and exchanges have options that prevent users from sending coins to the wrong wallets (non-Bitcoin). But it’s always worth triple checking your addresses, it’s not worth the loss.

5 days ago


YPTOspace Airdrop is worth up to 200 YPTO tokens (~$ 8). Share your referral link to earn 5 YPTO tokens (~$ 0.2) for every referral. About YPTOspace YPTOspace aims to create a global ecosystem in cryptocurrency. According to YPTOSpace, the significance of this innovation is the capacity to manage all features related to finance and cryptocurrency on a single platform, ensuring greater privacy and security with high-speed scalability. Would you like to receive the latest free Airdrop Alerts? Join our Airdropalert Telegram.

5 days ago Rolls Out a Two-week Airdrop for its New DAPPT Token

On Friday,, a leading Dapp data, and Dapp distribution platform announced that the two-week airdrop for its new token dubbed 'DAPPT' had started. Per the announcement, DAPPT is an ERC-20 that facilitates the ecosystem of Dapps by providing the incentive mechanism to Dapp users to enhance accessibility. also unveiled that it would link all activities and services on its platform to DAPPT. In so doing, the site would enable users to use the token in the partnered decentralized apps and access premium functions. The platform would give 200,000 DAPPT to its users on a first come, first serve basis. (KE)

6 days ago


SomeSing Airdrop is worth up to 600 SSX tokens (~$ 6). Share your referral link to earn 100 SSX token (~$ 1) for every referral. Also, you will receive 0.5 SSX tokens per click of your unique referral link. About SomeSing SomeSing is a social music service that incorporates blockchain technology so that producers can get rewards for creative activities that everyone can enjoy their favourite songs and recreate the songs. SomeSing is rated 4.1/5 on ICO Bench. Would you like to receive the latest free Airdrop Alerts? Join our Airdropalert Telegram.

7 days ago

@Robbie22432210 @efinexchange @CoinMarketCap Link will be po...

@Robbie22432210 @efinexchange @CoinMarketCap Link will be posted on Twitter, Facebook and Telegram at 10:00 AM EST…

7 days ago


OOOBTC Airdrop is worth 10 OBX tokens (~$ 0.5). Share your referral link to earn 50 OBX tokens (~$ 2.5) for every referral. About OOOBTC OOOBTC is a Singapore based cryptocurrency exchange taking a step ahead to enhance security and user experience by being the first major exchange to introduce atomic cross-chain transactions on their platform, giving a real challenge to fellow centralized exchanges. OOOBTC has an interesting selection of rare altcoins and a nice trading platform with some advanced features, which makes it quite attractive. OOOBTC Exchange is listed on Coinmarketcap. Would you like to receive the latest free Airdrop Alerts? Join our Airdropalert Telegram.

9 days ago

South Africa's Standard Bank will Launch a Permissioned Blockchain for Overseas Exchange Services

On Thursday fintech news outlet FinExtra reported that South Africa’s Standard Bank will launch a private permissioned blockchain that will be used for overseas exchange trades for corporate clients. The platform is built on Hyperledger Fabric and will launch in the second half of 2019. Standard Bank is also planning to link Shyft, its foreign currency trading app, to the platform and the blockchain solution is expected to hasten the processing of international trades, foreign exchange payments and settlements. The platform also increases transparency as all transactions and accompanying documents can be viewed by all involved parties in real-time. Standard Bank head of foreign exchange, Richard de Roos, said that the blockchain solution will reduce the occurrence of trade failure and also increase the visibility of liquidity. (RS)

9 days ago

Catch up with the latest #Telcoin AMA featuring Mayo from Bi...

Catch up with the latest #Telcoin AMA featuring Mayo from Biz Dev via the video link below or over at our telegram.…

10 days ago


AMA STREAM IS STARTING IN LESS THAN 15 MINUTES! ⭐️ Are you ready for #stquestion? 🙂 Join the link right now:…

10 days ago


Bcnex Airdrop is worth 65 BCNX tokens (~$ 6.5). Share your referral link to earn 10 BCNX tokens (~$ 1) for every referral. About Bcnex Bcnex is a place to buy, exchange and trade blockchain-based tokens and a wide range of digital assets in Vietnam and the rest of the world. Also, It is a highly secure and stable trading platform built on microservices architecture that meets the most stringent customer requirements, which can handle up to 2,000,000 orders per second. Would you like to receive the latest free Airdrop Alerts? Join our Airdropalert Telegram.

10 days ago

Imperial Rush

Imperial Rush Airdrop is worth up to 11.500 coins. Share your referral link to earn 100 coins for every referral who sign up and 250 coins for every activated account. Also, you will receive 5000 coins for every hero they reserve. Exchange coins for valuable Hero crypto tokens and in-game Gold cryptocurrency. About Imperial Rush “Imperial Rush: Rising Heroes” is the next generation online strategy game based on hybrid blockchain technology. Every Hero is an ERC-721 crypto token that has its own unique set of skills and special abilities, those may be used to win tactical battles, gain control over territory and summon more powerful Heroes. Would you like to receive the latest free Airdrop Alerts? Join our Airdropalert Telegram.

11 days ago

@jwmcpeak @ShitcoinSherpa A link to the article was in the t...

@jwmcpeak @ShitcoinSherpa A link to the article was in the trade UI. The article was also posted on Twitter. Anno…

12 days ago


BlockStamp Airdrop is worth up to 50 BST tokens (~$ 15). Share your referral link to earn up to 6 BST tokens (~$ 1.5) for every referral. About BlockStamp BlockStamp is a blockchain-based gambling protocol, which features several games. Protect's cooperation between trustless parties at the gambling market like casino operators and players eliminates the need for trust between industry participants and brings increased transparency to the gambling ecosystem as a consequence of blockchain technology. BST Token is being traded at Crex24 Exchange. Would you like to receive the latest free Airdrop Alerts? Join our Airdropalert Telegram.

12 days ago

Particl's March 1st hardfork is coming fast, and it's time t...

Particl's March 1st hardfork is coming fast, and it's time to prepare your nodes accordingly! Follow the link belo…

12 days ago

New Tools Allow NANO Users to Tip on Reddit and Twitter

In two separate yet related developments for the Nano (NANO) project, users of Reddit and Twitter now have access to tools enabling them to tip other users using NANO. The Nanno team posted this message on their twitter feed recently: “Introducing the all-new Reddit Nano Tip Bot! This ingenious application of the $NANO protocol showcases just how easy modern day #cryptocurrency #microtransactions can be, especially when retrofitted to popular, well-established platforms like Reddit!” A separate twitter user has also posted a link to a Twitter Chrome plugin that enables NANO tips on Twitter. (JF)

13 days ago

It's wonderful to see our Node and Block Explorer being used...

It's wonderful to see our Node and Block Explorer being used in this way! For those interested, here is the link t…

13 days ago

The easiest, fastest, and most secure crypto wallet for Ethe...

The easiest, fastest, and most secure crypto wallet for Ethereum and ERC20 tokens. Click the link to get it on Goog…

15 days ago

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