Mithril MITH

$0.0525
Market Cap $ 25.673 MM (#119)
24h Volume $ 4.392 MM
Chg. 24h: -7.47%
Algo. score 3.2/5  (#392)
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Mithril News

2019 Community Predictions

Happy New Year! We hope you had a restful and blissful holiday season and New Years day.As we enter 2019, we asked some of the most influential and thoughtful members of the GCR community to share their outlook on the Asia cryptocurrency and blockchain trends for this coming year. What will happen to the crypto markets in Japan, Korea and China? Where will the breakout opportunities and regions be? What should we in the west pay attention to?Given what we’ve seen in the industry thus far, here’s a collection of what some of them expect in 2019. Alex Pack, co-founder and managing partner of Dragonfly Capital Usage: The most natural early users of cryptoassets have always been in Asia, where the discrepancy between widespread smartphone penetration and low financialization of the economy makes it ripe for adoption of crypto’s financial applications. In 2019, as we move through the infrastructure and into the application phase, crypto businesses and infrastructure projects will be forced to look to Asia for their go-to-market strategies, to work with the large Asian distribution channels, and build for Asian users. Exchanges as Distribution Channels: The largest crypto businesses in the world are already in Asia - of the top 20 exchanges by volume no more than a handful are based outside of Asia, as are the largest mining companies. In 2019, we will start to see these exchanges and mining companies act as distribution channels, offering new financial products and smart contract-based applications to their users. Regulation: today the U.S. is still the most important center for crypto technology and product development in the world, but the uncertain regulatory climate could change that. The U.S. is in danger of losing its tech giant crown to more flexible Asian countries and the clock is ticking. If the regulatory situation in the U.S. doesn’t dramatically improve within 1-2 years, we could see Asian cities like Hong Kong, Singapore, and Beijing becoming the new global hubs of crypto technology. Benny Giang, co-founder of Cryptokitties Korean market will have consolidation amongst technology and crypto businesses next year. There will be a huge effort amongst some of the top gaming companies to break into this space. What this means as a whole, is that Korea will be leading the way for consumer adoption in the earlier part next year. Lots of questions will be raised such as decentralized systems being slow vs semi-centralized systems with mass adoption. Japan’s largest tech companies have secretive R&D teams. From my perspective, I don’t think a lot of the efforts will translate into new business lines in 2019. However, there is a handful of experienced veteran game producers who have formed their own blockchain gaming studios. A lot of high-quality blockchain games will be released in Japan late Spring to Summer of next year. This will set a new standard for a hybrid on chain/off chain blockchain games. Lots of things are happening in China but we’ve started to focus more attention into Japan and Korea. There’s a high percentage chance of a better blockchain gaming ecosystem forming within those countries at least for 2019-2020. Until regulations are more clear from China. Good signs is the gaming license freeze is over! Zac Cheah, founder and CEO of Pundi X Blockchain will dominate the realms of emerging tech in 2019. We will see more and more traditional companies adopting blockchain technologies. Industries that are seeing an increased adoption of Blockchain are banking, financial services, insurance, supply chain management, healthcare, e-commerce, gaming and academics. Government bodies have also started implementing blockchain. A number of initiatives have been taken across jurisdictions both at federal and state/provincial levels to implement blockchain to improvise on services and transform inter-governmental and citizen transactions. Areas like titles transfer, taxation, and identification have gained traction for blockchain in the Government sector. Jehan Chu, co-founder and managing partner of Kenetic Capital Asia will lead the way for blockchain adoption globally as large internet companies and conglomerates roll out production applications across supply chain, finance and yes, even (private) cryptocurrency. Korean gaming will demonstrate some of the first large-scale user adoption of crypto, while China will show more blockchain application layers inside of centralized enterprise structures. Finally, Asia will lead regulatory the pack with progressive structures coming out of Singapore, Hong Kong and possibly Japan. While the US will see isolated wins like a possible Facebook cryptocurrency, they will likely fall behind as 2019 sees Asia putting applications into production en mass. Jason Fang, managing partner at Sora Ventures I think most of the hottest deals you see in the US will continue to stall, basically tell the same story until their team falls apart or they run out of mon

16 days ago

Cryptocurrency Market Update: Binance Coin (BNB) Climbing as EOS Gets Crushed

FOMO Moments Markets recouping daily losses, Binance Coin and Nem are in the green, EOS is getting hammered. The downward motion on crypto markets has continued today as digital currencies slid further back before making a recovery. Monday’s declines have carried on into Tuesday during the Asian trading session but total market capitalization has managed to recoup to similar levels below $130 billion a couple of hours ago. Bitcoin bulls have failed to keep the digital currency above $4,000 causing it to drop into dangerous territory. A 5% dump saw BTC fall to an intraday low of $3,840 a couple of hours ago before it managed to bounce back. At the time of writing Bitcoin had pulled back to just above $4k again. Ethereum has fallen back to $112 and does not look like making any discernible recovery anytime soon. Altcoins are all still red at the moment with some getting more punishment than others. In the top ten EOS is getting pounded with a 10% dive to $2.55 as more centralization woes plague the project. As has been the case for a few weeks now Bitcoin Cash is collapsing, it was the worst performing crypto in November and has lost another 6% today. There is only one winner in the top twenty at the moment and that is Binance Coin climbing 9% on the day. BNB has reached $5.60 as it partners with Decentraland with a MANA competition and crypto Airbnb platform Tripio. Nem and Dogecoin are also gaining a little but the rest are falling, Ethereum Classic and Bitcoin Gold by the most at 6%. Pump of the day goes to Factom again adding 27%, ODEM and Pundi X are also performing strongly at the moment with double figure gains. As predicted, yesterday’s fomo altcoins are dumping today, namely Centrality, Mithril and MobileGo, all dropping double digits along with EOS. Total crypto market capitalization has managed to bounce back to yesterday’s levels after hitting a low of $124 billion a couple of hours ago. At the time of writing it is around $129 billion which is no gain over Monday. Since last Tuesday markets have gained 4% but since the same time last month they have been smashed 38%. FOMO Moments is a section that takes a daily look at the top 20 altcoins during the current trading session and analyses the best performing ones, looking for trends and possible fundamentals. The post Cryptocurrency Market Update: Binance Coin (BNB) Climbing as EOS Gets Crushed appeared first on NewsBTC.

2 months ago

Crypto Market Update: Weekend Gains Wiped Out in $5 Billion Fall

FOMO Moments Monday is red as markets wipe out weekend gains, Bitcoin Cash, Stellar, Iota sliding, Ethereum Classic staying afloat. It didn’t last. Crypto markets are back down again today after recovering a little over the weekend. The complete lack of buying pressure at the moment indicates that the bears are still in full control of things. Total market capitalization has been pushed back down to $130 billion again. Bitcoin has found a consolidation channel between $4,000 and $4,300 and it doesn’t seem to have the momentum to break on the upside. BTC is down 3% back at $4k at the time of writing. Two ‘Bart Simpson’ type chart patterns have formed over the last week indicating that BTC could be about to fall again. Ethereum has already fallen, dumping 3.5% since yesterday back to $113. Altcoins are all in the red again today, wiping out weekend gains. Bitcoin Cash is taking the biggest hit of over 6% at the moment as it slides further down the chart. Stellar has held on to fourth, but only just as it too has lost over 5% on the day. The rest of the top ten is dropping 2 - 4 percent at the time of writing. Further down the chart there is only one beacon of green in the top twenty. Ethereum Classic is up over 3% on the day which has taken it over $5 again. A recent Github heist and resolution may be the cause of the current momentum for ETC. The rest of the altcoins in this section are falling 2 - 5 percent on the day. Today’s big dose of FOMO is going to Mithril which has pumped 32% overnight. MobileGo and Decentraland are also in double figures at the time of writing with 14% gains each. Unsurprisingly previous pumpers are now dumping, namely Bitcoin Private and Theta Token down 15% and 12% respectively. After laying off a whole bunch of staff, Steem is also getting hit today. Around 3.7% has been lost from crypto markets since Sunday. As another $5 billion flows back out of digital currencies market capitalization drops back below $130 billion again. Markets are back to the same level there were at this time last week and appear to be range bound between $130 and $140 billion. Bitcoin’s dominance is still around 53.6% so the ratio has remained stable for a while. FOMO Moments is a section that takes a daily look at the top 20 altcoins during the current trading session and analyses the best performing ones, looking for trends and possible fundamentals. The post Crypto Market Update: Weekend Gains Wiped Out in $5 Billion Fall appeared first on NewsBTC.

2 months ago

Bitcoin faced with red; focus on building for a bullish tomorrow

As it stands, the cryptocurrency market seems to be starting the week in the red with a moderate dip after what seemed to be a slight recovery. After the plummet midway through November, Bitcoin saw a low of $3587 USD on the 25th of November. At present, the token is taking a little rollercoaster around the $4000 USD zone with slight inclines and declines showing no major action either way. At present, the market is flooded with red with patches of greens coming from several altcoins. Mithril, a token based on Ethereum’s platform, is boasting the highest day-on-day trading increase sitting 35.5% higher in value. It seems, however, that unless the big influencers, such as Bitcoin, Ripple and Ethereum, move steadily upwards, the market is unlikely to pick itself off the ground. Although the red is not a welcome site for traders and investors, business owners in the industry seem optimistic about the aggressive bear market. Vinny Lingham, the CEO of cryptocurrency company Civic Key, has said that this is the best state in which to start building for a time when the bull market kicks in. In my experience, it’s absolutely the best time to build a business! https://t.co/TnX3EH7aPl — Vinny Lingham (@VinnyLingham) November 29, 2018 CNBC’s Cryptotrader Ran Neuner has expressed the same opinion too, saying that a business should aim to “[b]uild and test things in a bear market, if they work you can be certain of success in the bull market.” The post Bitcoin faced with red; focus on building for a bullish tomorrow appeared first on Coin Insider.

2 months ago

Binance Lists Mithril (MITH), Donates 20,000 BNB To Charity

World's largest cryptocurrency exchange Binance has announced the listing of Mithril (MITH). Mithril is an ERC-20 token on the Ethereum blockchain to power its decentralized social media platform that rewards all content creators. It has a market cap of $87 Million. Binance users can start depositing MITH right now, and trading will be live against BTC and BNB on 15th November at 2:00 PM (UTC). Also, Binance revealed that Mithril will be donating 20,000 BNB (approx. $160,000) to Binance Charity Foundation for the listing. Mithril (MITH) is priced at $0.225475, losing 11.18% in the last 24 hours. (VS)

2 months ago

Follow 4 Follow on Lit - Mithril App [Having Fun!]

Hi there, I just downloaded Lit. I'm having lots of fun. Kinda reminds of the first time I joined Instagram. Please follow me ***@cyberpunk*** I will **followback** ASAP! \- \- Feel free to list your ID too so we can get this growing. I want the community to come together. Feels a bit distant. Also noticed a ton of Chinese users. Are they a lot of Westerners here? \- \- PS. Found out about this via Binance listing Mithril on Nov. 15th & first Reddit post too :D ​ See you

2 months ago

#Binance Lists Mithril ($MITH) ...

#Binance Lists Mithril ($MITH) https://t.co/PiOqmzoIju If you want to learn more about MITH, head over to… https://t.co/rFDtWJECXi

2 months ago

A Few Lessons From Facebook On Blockchain Mass Adoption

Chris Hughes became super wealthy thanks to his Facebook stock. Now, this entrepreneur from Silicon Valley wants to restore the middle class, and believes this can be done through his idea. His new book, Fair Shot, outlines a guaranteed income for the poor in the US. “Most Americans cannot find $400 in the case of an emergency like a car accident or a hospitalisation, yet I was able to make half a billion dollars for three years of work. Something is profoundly wrong with our economy and in our country, and we have to fix it,” Hughes laments. Sounds credible? Those in the media employs reputation management through the power of social media and this man intends to overturn bad publicity by getting the crowd’s good grace - through a presscon and a book. This event took place on April 2018 but we’re now on the last few months of 2018. Whatever the long term results of this social media ploy, there are a few lessons learned by those in the Blockchain space after the Facebook scandal and we listed a few of them here. Lessons Learned This is a difficult lesson for Facebook but one that can easily pave the way for others to take on the widening gap for centralized social apps. With increasing disquiet and distrust over the use, sale and loss of personal data, the intrusion of unwanted advertising, diminishing rewards for content creators and a changing landscape, the time is now right for blockchain-based social apps to challenge centralized social platforms such as Facebook, Instagram and Twitch. Content creators generally do not share in the profits from advertising sales, except on YouTube and Twitch, where creators can have a limited share in profits, but only above certain thresholds. Even then, YouTube and Twitch take 25-45% of advertising revenues while YouTube recently changed its rules on profit sharing. Creators must comply or look for somewhere else to share their content. This has led to over 100,000 content creators registering with Patreon in a bid to connect more with their fans and benefit from their patronage and tips. However, many patrons are unhappy with the financial burden being placed upon them. With newcomer Howdoo about to launch, we might be about to see an exciting challenge to traditional social apps and also to Patreon. Howdoo has been quietly executing its goal of delivering a unique social experience that combines the best of social media and blockchain without compromising on the user experience. The second lesson is that for Howdoo or any other blockchain social platform to take advantage of the current climate, it needs to scale fast and provide a unique user experience while appealing to the ever-changing demands of social media users. Before it can challenge the incumbent centralised platforms comparison, Howdoo first needs to be benchmarked against its main blockchain competitors Mithril and Steemit: Like Mithril and Steemit, creators and anyone that engages with content on Howdoo will be able to earn udoos (the Howdoo token) for liking and sharing content while there will be a unique gamification layer that rewards users for regular usage and adds additional value to the platform Furthermore, other unique features missing from both Steemit and Mithril are live streaming, tipping and paywalls. A user can tip or donate with a click of a button, with the content creator receiving 100% against 90% on Patreon. With Howdoo there are no service or processing fees. For a project to keep abreast of other strong contenders for the same space, it must have its token on crypto exchanges. A lot of projects suffered because of this hindsight. Fortunately, Udoo is listed on several exchanges as well as Blockfolio, with the most volume being on Coinbene. With a current market cap of $6m and an improved platform and user experience, it can easily match and surpass Mithril. This is a valuable lesson for the other projects to base their strategies on - keep your project going with validation through the crypto market. Since Howdoo offers something even more unique, it is not unrealistic to expect Howdoo to corner a large stake in a market currently being dominated by centralized social platforms. Community Empowerment Advertising is a key component of any social media platform with Facebook generating $6.18 to $26.76 per user each quarter. With $50 billion annually spent on digital, in-game goods, it is essential to have thriving, engaging and supportive communities that will attract advertisers. While some have argued that “social apps on the blockchain cannot compete for contented subscribers and advertisers on incumbent centralized platforms” I have noticed that respected Musicians, Gamers and other high profile content creators across beauty, fitness, and lifestyle are signing up as supporters of Howdoo. Last month, Howdoo announced that it was accepting username reservations. Over 25,000 users have already signed up for their usernames with more being added every day. Content creators wh

2 months ago

How Do We Make Blockchain User-Friendly for Mass Adoption?

It’s been forecasted that by 2021, there will be over 3 billion worldwide registered social media accounts and with blockchain-based businesses aiming to disrupt many industries, one has to ask if established and emerging social media apps on the blockchain can supplant the incumbent centralized social platforms? For blockchain to fully become mainstream, it is essential for it to illustrate an increased real-world use. There has to be real businesses with real communities, usable and live products, and a strong, active business development aimed at growth, user-base, AND revenues. Regardless of the technological and financial benefits, at the heart of achieving mass adoption of blockchain is the user experience and a community excited to use the platform. One area that has the potential to go mainstream is Social Media with Steemit and Mithril paving the way for others. While these platforms have been relatively successful in attracting users from the cryptocurrency community, they have arguably been unable to offer a significant challenge to the current centralized platforms. Unique Social Experience With increasing disquiet and distrust over the use, sale and loss of personal data, the intrusion of unwanted advertising, diminishing rewards for content creators and a changing landscape, the time is now right for blockchain-based social apps to challenge centralized social platforms such as Facebook, Instagram, and Twitch. Content creators generally do not share in the profits from advertising sales, except on YouTube and Twitch, where creators can have a limited share in the profits, but only above certain thresholds. Even then, YouTube and Twitch take 25-45% of advertising revenues while YouTube recently changed its rules on profit sharing. Creators must comply or look for somewhere else to share their content. This has led to over 100,000 content creators registering with Patreon in a bid to connect more with their fans and benefit from their patronage and tips. However, many patrons are unhappy with the financial burden being placed upon them. With newcomer Howdoo about to launch, we might be about to see an exciting challenge to traditional social apps and also to Patreon. I have been following the development of Howdoo over the last few months. It has not courted huge publicity, but it has been quietly executing its goal of delivering a unique social experience that combines the best of social media and blockchain without compromising on the user experience. For Howdoo or any other blockchain social platform to take advantage of the current climate, it needs to scale fast and provide a unique user experience while appealing to the ever-changing demands of social media users. Before it can challenge the incumbent centralised platforms’ comparison, Howdoo first needs to be benchmarked against its main blockchain competitors Mithril and Steemit: Name/Facts Howdoo Mithril Steemit Market Cap $6Mn $102Mn $226Mn All time high N/A $350Mn $1.8Bn Accounts 25,000+ 10,000 940,000 Type Layered platform Streaming friendly Photo-sharing Limited use Crypto-focused Standard Setter Launched December 2018 July 2018 March 2016 Like Mithril and Steemit, creators and anyone that engages with content on Howdoo will be able to earn udoos (the Howdoo token) for liking and sharing content while there will be a unique gamification layer that rewards users for regular usage and adds additional value to the platform Furthermore, other unique features missing from both Steemit and Mithril are live streaming, tipping, and paywalls. A user can tip or donate with a click of a button, with the content creator receiving 100% against 90% on Patreon. With Howdoo there are no service or processing fees. Udoo is listed on several exchanges as well as Blockfolio, with the most volume being on Coinbene. With a current market cap of $6m and an improved platform and user experience, it can easily match and surpass Mithril. Since Howdoo offers something even more unique, it is not unrealistic to expect Howdoo to corner a large stake in a market currently being dominated by centralized social platforms. Community Empowerment Advertising is a key component of any social media platform with Facebook generating $6.18 to $26.76 per user each quarter. With $50 billion annually spent on digital, in-game goods, it is essential to have thriving, engaging and supportive communities that will attract advertisers. While some have argued that “social apps on the blockchain cannot compete for contented subscribers and advertisers on incumbent centralized platforms”, I have noticed that respected Musicians, Gamers and other high profile content creators across beauty, fitness, and lifestyle are signing up as supporters of Howdoo. Last month, Howdoo announced that it was accepting username reservations. Over 25,000 users have already signed up for their usernames with more being added every day. Content creators who act early should be ab

2 months ago

Brokerage and Risk Management Firm, Formosa Financial Announces Client Onboarding Q4 2018 Mithril Client #1

Formosa Financial, a brokerage and management firm have been working round the clock in the development of a one-stop digital asset platform. The project has been at the forefront of the company, after its completion of the private round funding in May 2018. Redefining and Developing the Platform In its bid to become a household The post Brokerage and Risk Management Firm, Formosa Financial Announces Client Onboarding Q4 2018 Mithril Client #1 appeared first on ZyCrypto....

4 months ago

Exodus Wallet Lists Stellar Lumens (XLM)

Stellar has announced that its token Stellar Lumens (XLM) is now supported on Exodus Wallet. The announcement comes a few days after the firm announced that it had reached a milestone of 1 million active user accounts. The firm said users could now send, receive, store or exchange the token directly within the wallet. The wallet has also added support for Mithril (MITH) token. (VK)

5 months ago

Australia to Establish a Blockchain Platform Nationwide

IBM, Herbert Smith, and Commonwealth Scientific and Industrial Research Organisation of Australia have joined forces to form Australia's National Blockchain. The partnership will aim to build a platform of smart contracts that will work across all the industries. The IBM blockchain will be used in the pilot testing of this project which will begin before the year-end. Businesses in the country such as the healthcare will benefit from this project. (VK)

5 months ago

Australia Is Creating A National Blockchain With IBM

The Commonwealth Scientific and Industrial Research Organization (CSIRO) in Australia has announced a partnership with law firm Herbert Smith Freehills and IBM to create Australian National Blockchain (ANB). The aim is to automate transactions with pre-defined legal smart contracts on the ledger. The new platform will be able to access data from external sources, like IoT and execute transactions automatically when the conditions are met. A pilot is expected to start by end of 2018. (VS)

5 months ago

Ohio Hopes To Become Blockchain Hub In The US

At a recent press conference, Ohio state representatives expressed interest at becoming a blockchain hub. However, Ryan Smith, representative of Ohio House said they are looking at blockchain technology behind cryptocurrencies, rather than the digital tender. Smith hopes to position Ohio as the state for Blockchain innovation. The state representatives are also working closely with local universities to ensure the development of blockchain talent. (VS)

5 months ago

Hashtags on the Mithril "LIT" app

Hi everyone, I am new to the Mithril app which is quite "lit" with the whole Idea behind it. Sometimes a lil bit laggy but overall as good as IG or Snapchat. I wonder though if someone knows from the developer team or anyone if there is any plan to integrate a hashtag function which would help finding particular content within the Mithril ecosystem. Hope someone knows sth as this would extend the functionality and sustainability of the app. Otherwise feel free to follow me on Mithril @saimon\_sayz...

5 months ago

Miami to Host the this Year's Cannabis Conference and Expo

Miami will host this year's Cannabis Conference and Expo at the end of this week. The conference will see legal members of the Cannabis industry network and share ideas about this dynamic industry. The key speakers will be among others, Keith Stroup and Aaron Smith. The major topics of discussions will be the current developments of the legal and accounting sectors, methods of production and technology. (VK)

5 months ago

Peter Smith: It's Blockchain that Signs up Over 50,000 Users Daily not Coinbase

In an interview, Brian Armstrong, the CEO of Coinbase said that the Coinbase platform received over 50,000 people who signed up to the platform. Later, it was clarified this figure was experienced in 2017 where cryptocurrencies were bullish in the market. Peter Smith, blockchains firms CEO has since come forth to refute these claims in a tweet saying that its blockchain that signs up over 50000 users daily not Coinbase. Despite some Twitter users bashing his claims, statistics show that this technology is still alive regardless of the dismal decline experienced recently of 70%. (KE)

5 months ago

Wall Street Executive: Bitcoin is in "Show Me Mode"

According to CNBC Fast Money, bitcoin is in “bitcoin purgatory” as it trades between $6,000 and $7,500. Bart Smith of Susquehanna International Group appears to agree as he explained that the market is in “show me mode”. Smith agrees that bitcoin is still in a bear market until prices reach new highs and a positive decision from the SEC regarding Bitcoin ETFs would help to raise prices. Smith remains bullish about bitcoin’s long term prospects but was surprised that recent news about InterContinental Exchange (ICE) announcing the development of a cryptocurrency platform had little positive effect on bitcoin price. (RS)

5 months ago

Ready to Rally: Was $5,800 the Bottom for Bitcoin?

Bitcoin (BTC) price leapt from $5,850 to $6,500 in just 3 days and the upward move has also translated to noticable gains in altcoins. VeChain has risen by more than 50%, while Ontology and ICON racked up 30% gains. Investors are now wondering whether BTC has reached a bottom and while BitMEX CEO Arthur Hayes and Susquehanna technica lead, Bart Smith, believe BTC has further to drop, it appears that the cryptocurrency may be reversing. Cryptocurrency markets have not seen a significant recovery since the rally from $5,900 to $10,000 and the fact that investors are exiting stablecoin positions to buy BTC also suggests that we are on the verge of a mid-term rally. In order to maintain momentum, BTC will need to sustain above $7,000 but the current short-term outlook is quite bullish and investors are clearly feeling optimistic. (RS)

5 months ago

UK Cybercrime Center Urges Crypto Enthusiasts to Beware of Fraud

The Bitcoin and cryptocurrency mania is still high, long after their prices peaked in December 2017. Cryptocurrency fans and fraudsters are drawn to the nascent money market in equal measure. People in some are using digital currencies to circumvent political and economic instability, while others 'hodl' and grow their investment for the future. Fraud is rife. In the UK, about 2.1 million pounds were lost to cryptocurrency scams, as reported by London's Action Fraud Center. Paulin Smith, the director of the center, said that enthusiasts should be wary of the opportunistic fraudsters who could dupe them in the promise of unrealistic returns. (KE)

5 months ago

Blocksmith Launches Alpha Version of ChainSentinel, a Smart Contract Monitoring Service

The Blocksmith team, a UK-based development studio, has announced the release of the alpha version of ChainSentinel, a NEO based blockchain monitoring service that gives users access to the most up to date smart-contract data without the need to run and monitor a full node. Blockstream focuses on building accessible blockchain enabled products that solve real-world problems. ChainSentinel allows websites and dApps to ‘listen’ for smart contract data without needing to check the blockchain directly on a full node to obtain the data. (JF)

5 months ago

Bithumb Resumes Deposit and Withdrawal Services – Upbit Reveals 127% Cash Reserves

Bithumb, the largest cryptocurrency exchange in South Korea, has announced that deposit and withdrawal services for BTC, ETH, ETC, XRP, LTC, BCH, ZEC, QTUM, and MITH will resume on August 4 at 7 p.m. KST. These services were halted after a recent $40 million hack of the exchange. Upbit, the second largest exchange in the country, released an audit report Friday, which showed its cryptocurrency reserve ratio stands at 103% of total deposits made by customers, and a cash reserve ratio of 127%. This is a sign of good health, meaning that the exchange could cover all withdraw requests made by users. (JF)

6 months ago

Bitcoin Should Break $6800 Resistance Before Going Bullish, Bart Smith

The head of digital assets in Susquehanna and a bitcoin hodler, Bart Smith, has come forth to defend bitcoin saying though it's been bearish for three days, he believes it is set for price improvement so long as the fluctuations create a positive trend. Investors, however, are worried Bitcoin's prices might stagnate between $6000 and $7000 following the rejection of Bitcoin's first ETF by SEC. Bitcoin so far has lost 4.22% value declining from $8400 to $7500 range. Speaking to CNBC, Smith said to bounce back to a bullish price it must have a breakthrough above the $6800 level. (VK)

6 months ago

Bitcoin Supported at $7,500 Level, Experts Remain Bullish

Bitcoin's rebound from a low of $5800 to a high of $8500 has been attributed to entry of institutional money and retail volume resurgence. The rebound has seen crypto analysts believing that bitcoin's rally is near. Bitcoin's price which has formed support at $7500 has seen slight movements throughout the day. However, Crypto experts such as Bart Smith and Mike Novogratz have remained bullish on the leading cryptocurrency. As of 9:54 PM UTC, BTC was trading at $7558.05, according to CoinMarketCap. (KE)

6 months ago

Bitcoin Price Needs to Find "Higher Highs and Higher Lows", Says Susquehanna's Bart Smith

Bart Smith, Susquehanna’s head of digital assets, explained what he is watching for in the bitcoin price. He said on CNBC, “We need to see higher highs and higher lows.” The level that concerns market technicians is $6,800, which if the BTC price were to fall below would be detrimental, he said. If bitcoin could hold at least $7,500, it's a bullish indicator. Smith believes it’s a positive that the bitcoin price didn’t fall further than it did in the wake of the SEC’s denial of the Winklevoss bitcoin ETF, and the price could advance from current levels with “more good news on the horizon.” (GT)

6 months ago

Binance Lists Polymath (POLY) after Community Vote

Binance has listed Polymath (POLY) on its platform after it won the July community vote beating NKN (NKN), Mithril (MITH), Locktrip (LOC) and Libra Credit (LBA). Although the coin was awarded a fee-free listing on the exchange, the token will only be paired with Bitcoin (BTC) and Binance Coin (BNB). The coin is currently trading at about $0.57 with trading volumes off peaking at about $49 million. The token is currently listed in several Asian exchanges including KuCoin, Upbit and Huobi. However, the token is currently limited to Bitcoin and Ethereum trade pairings. (VK)

6 months ago

MITH whales dumping before DQ in the Binance Community Vote

Damn, you're sick people, faking binance votes and them dumping on innocent people before DQ, MITH lost all it credibility after this binance vote....

6 months ago

Mithril caught cheating in the binance vote

https://etherscan.io/address/0x107910c7c6cd6cf9011384cf62df2341873a63ec#tokentxns https://etherscan.io/address/0x20cb24c78bdb1bf17e6a1d4e2fd1cc80aa1a5c5b#tokentxns Here you can see how Mithril is cheating/manipulating the Binance vote which is clearly agains their rules. I hope Binance keeps their word and bans them....

6 months ago

Blockchain Inc CEO Peter Smith Says Institutional Capital Fueling Crypto Gains

While 2017 was the year of the individual investor in cryptocurrencies, 2018 has experienced a shift and will go down in history as the year of the institutional investor. Indeed, institutional capital is largely to thank for the run-up in the bitcoin price of late, and BTC's dominance over the broader cryptocurrency market is set to persist. Blockchain Inc’s Peter Smith says that institutional investors are keen on bitcoin as it has the most regulatory clarity out of all the coins, and he expects the price to “outperform” altcoins for the balance of the year. Institutional investors will also flock to the market when infrastructure is built out further, which Smith predicts will occur in the middle of next year. (GT)

6 months ago

Bitcoin to Outperform Altcoins while Actualization of Institution Effect will Take Place in 2019, Blockchain CEO

Bitcoin is the preferable choice of the foundation that will outperform other altcoins, but the institutions' effect will be realized by 2019, according to Blockchain CEO Peter Smith. In an interview with Bloomberg, Peter Smith explained that the crypto market is seeing a different type of order flow and there are a lot of investment discussions and institutional interest in the market, but it will take time to realize. BTC is currently trading at $7,330 after almost touching $7600 mark by reaching $7594 before taking a dip and sliding down to $7270. (KE)

6 months ago

Mithril Advances Nearly 8% amid FCoin Listing and Launch of Vault Withdrawals

Mithril (MITH) coin is advancing nearly 8% on the heels of a today's FCoin listing. The Mithril team said in a blog post: "FCoin is the world's first transparent digital asset trading platform with assets and will distribute 80% of the revenue to [FCoin Token] FT holders on schedule." FCoin is a digital assets trading platform founded by Huobi's former CTO Zhang Jian. Mithril also announced the launch of its withdrawal feature on Mithril Vault. (GT)

6 months ago

Susquehanna's Bart Smith Says Bitcoin's Two Use Cases Are Here to Stay

Susquehanna Group's Bart Smith believes bitcoin is still king. He told CNBC that bitcoin's two primary use cases -- as a store of value and for cross-border payments -- aren't going anywhere. While the market may have gotten overheated from the influx of ICO tokens, bitcoin is digital gold. Meanwhile, bitcoin has risen as the reserve currency of the cryptocurrency community outside of the U.S., where as much as 95% of crypto trading occurs. (GT)

6 months ago

Wall Street's Crypto King Refers to Bitcoin as the 'Currency of the Internet'

Bart Smith while on CNBC's Fast Money, in a discussion on the utility of Bitcoin, referred to Bitcoin as the Currency of the Internet. Smith, dubbed 'Wall Street's Crypto King' for his optimistic attitude towards crypto investments, said Bitcoin is so far the best investment because individuals are functionally using it. He further noted that Bitcoin has a competitive advantage compared to other coins because of its developed utility. (KE)

6 months ago

Mithril All-in-One Thread

Welcome to Mithril Community! _______________________ **Introduction: What is Mithril** _______________________ Mithril (MITH) takes social media to a whole new level by providing a unique reward for people’s time, money spent, and data shared. With the invention of Blockchain technology, the current generation of social media is obsolete - the average user is not rewarded for creating unique and beautiful content. Mithril is introducing the concept of “social mining”: allowing creators to earn MITH for creating and sharing interesting content - just like how a miner is rewarded in Bitcoin. The first App to use mine Mithril is Lit. It is already available to download on both Android and iOS devices (download the beta here: https://lit.live/). With Lit, creators can already upload and share stories to the Lit community and earn MITH! The current App is just a taster of what is to come with features such as Lit Stories, Lit Discover, and Lit Chatroom coming on the way. Mithril is building an ecosystem of social media apps. The vision is to provide freedom to enhance existing platforms and create revolutionary new ones so that everyone can get rewarded for their time and effort spent. We are also building the Mithril Merchant network for real world places to accept and use MITH. _______________________ **Download Lit** _______________________ The first App to use mine Mithril is Lit. It is already available to download on both Android and iOS devices. With Lit, creators can already upload and share stories to the Lit community and earn MITH! Users could share their stories via Lit Stories, and be rewarded with Mithril tokens based on their stories impact and influence across the network. The current App is just a taster of what is to come with features such as Lit stories, Lit Discover, and Lit Chatroom coming on the way. **Download Lit:** https://lit.live/ _______________________ **Mithril Merchant Network** _______________________ Mithril tokens will soon be accepted throughout the Mithril Merchant Network, with online applications such as dating services, premium content channels, and live-stream applications, or retailers, starting with INST.RECYCLE. _______________________ **Official Sources** _______________________ * Official Website: https://mith.io/ * Twitter: https://twitter.com/MithrilToken * Medium: https://medium.com/mithriltoken * YouTube: http://pse.ee/5S6ZB * Facebook (Mithril): http://pse.ee/5S6YY * Facebook (Lit): http://pse.ee/5S6ZT * Facebook (Lit 中文): http://pse.ee/5S6ZW _______________________ **How do I get MITH?** _______________________ Social Mining it on our Lit app (Download the Beta Here: http://pse.ee/5QYFZ) Bitfinex.com Bithumb.com OKEx.com _______________________ **Mithril in the News:** _______________________ * [Social Darwinism - Why Mithril is the next evolution of social networking](https://globalhalo.com/2018/04/18/social-darwinism-why-mithril-is-the-next-evolution-of-social-networking/) * [Mithril: Decentralized Social Media That Rewards Creators for Content](https://sludgefeed.com/mithril-decentralized-social-media-that-rewards-creators/) * [These Are the Best Performing Cryptocurrencies of 2018](https://news.bitcoin.com/these-are-the-best-performing-cryptocurrencies-of-2018/) * [Interview with Jeffrey Huang, founder of Mithril](http://www.analysisinchainspodcast.com/e/61-interview-with-jeffrey-huang-founder-of-mithril/) _______________________ **FAQ** _______________________ **How do I social mine Mithril:** Download the Lit App (https://lit.live/) and start sharing your story (pictures or short videos). You will receive Mithril automatically daily! **Is it safe to mine Mithril / Does it consume battery power**' Mithril is mined socially! It doesn't consume any more power than any other app like Instagram or Twitter **What is the Mithril Vault** The Mithril Vault when it is released will allow the safe storage of different cryptocurrencies. We are currently diligently adding extra features! ...

9 months ago

When will we be able to withdraw our Mithril from Lit App?

hey guys When will we be able to withdraw our Mithril from Lit App? ...

9 months ago


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