Telcoin TEL

$0.0004
Market Cap $ 13.353 MM (#176)
24h Volume $ 40.222 K
Chg. 24h: 3.17%
Algo. score 3.4/5  (#257)
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Telcoin News

@EkovahC @Crypto_NLD @quant_network @telcoin_team @XYOracleN...

@EkovahC @Crypto_NLD @quant_network @telcoin_team @XYOracleNetwork Telcoin is using Ethereum blockchain? Why don't… https://t.co/ErkAt8IRZx

2 days ago

Proud to be presenting at “From Chaos to Clarity” at NEXT BL...

Proud to be presenting at “From Chaos to Clarity” at NEXT BLOCK in Tel Aviv tomorrow, Dec 12th. Come meet us to lea… https://t.co/CInko0nmCg

4 days ago

Former Israeli Prime Minister Ehud Barak says Bitcoin is a Ponzi Scheme

Ehud Barak, the former Prime Minister of Israel, believes that blockchain is an important technology but he advises that Bitcoin is a Ponzi scheme that should be avoided at all costs. Barak made the comments at the Globes Most Promising Startups event in Tel Aviv after being asked if investing in medical marijuana was the equivalent of investing in Bitcoin. According to Barak, “Blockchain itself is a mathematical technological concept and an interesting and important methodology [whereas] Bitcoin and all the others, that’s a Ponzi scheme.” Barak’s sentiments also align with Wall Street financial analyst Gary Shilling, who similarly dismissed Bitcoin as a “grand Ponzi scheme”. In fact, Shilling is so sure of this that his New Jersey investment firm, A. Gary Shilling & Co., has been shorting Bitcoin for some time. (RS)

12 days ago

Report: Crypto Exchanges Are Recording Impressive Revenues

Cryptocurrency exchanges are catching up to their traditional counterparts, a new study suggests.According to a report released by global professional services company Accenture, revenue from cryptocurrency exchanges is now matching that of traditional exchanges. Some of the changes discussed in the document, “Capital Markets Vision 2022,” include the rise and growth of cryptocurrencies, and how blockchain technology could potentially help traditional firms unlock value and add new levels of efficiency to their operations. Traditional exchanges typically generate solid pre-tax margins, but their growth prospects tend to be modest at best, the document explains. Thus, many traditional firms have begun finding ways to bring cryptocurrency trading to their customers as a means of potentially increasing their revenue while offering investors the chance to build more diversified portfolios. The report says that cryptocurrency exchanges and servicing hold a 64 percent pre-tax margin. The authors say that, in just a few short years, crypto exchanges have “exploded from virtually nowhere” and now represent a substantial amount of revenue, matching that from traditional exchanges with a discrepancy in composition of margin and turnover that differs by a factor of roughly 1,000. Markus Boehme — co-author of the report and managing director at Accenture Strategy — explains, “Adapting a trillion-dollar industry for the digital age while it’s entering an era of profound disruption is a complex and shapeshifting goal, but it is also an era that provides significant opportunities for those who act fast as value pools are being redistributed. Nimble firms will be able to capture new profit opportunities in a ‘race for relevance’ while also benefiting the industry’s customers.” Furthermore, blockchain technology is becoming increasingly popular amongst traditional financial players, and the report states that nearly every significant member of the capital markets industry is experimenting with blockchain infrastructure to some degree. The authors say that blockchain’s uses go beyond simply recording transactions and ultimately extend to factors like updating reference data, creating fractional and digital asset vehicles, and redefining syndicates. In addition, the authors explain that, while artificial intelligence (AI) is likely to affect the industry first, blockchain technology could affect the industry in a more significant and long-term way. They suggest that blockchains have many uses in trading and market infrastructure, and that many of these use cases can already be seen in the exchange sector. Two examples include the Australian and Toronto Stock Exchanges, which are both using blockchain to replace legacy settlement systems. In addition, the Tel Aviv Stock Exchange is now working on putting collateral management on a distributed ledger. The document states that blockchain technology has the power to significantly reduce costs in the financial industry by reducing redundancy. Many traditional firms depend on functions that are consistently repeated due to what the report calls a “lack of a universal source of truth.” Employing a distributed ledger to record trade executions and settlements could knock out the need for several of the firms’ repeating functions. We believe that both AI and DLT [distributed ledger technology] have the potential to grow substantially as we head toward 2022 and beyond. Their use cases could extend not only to optimizing and mutualizing current processes, but also to unlocking value in existing data and assets and allowing the industry to target completely new revenue streams. In all, the report suggests that utilizing DLT could lead to potential savings of nearly $100 billion. However, the timing of this reduction will depend greatly on when DLT becomes the financial industry backbone. The authors say a solid plan for implementing DLT strategies is necessary for allowing clients to capture a larger share of their back-office value chains. To view the full report, click here. This article originally appeared on Bitcoin Magazine.

16 days ago

Moshe Hogeg, a Famous Israeli Crypto Entrepreneur Facing Accusations of Embezzling ICO Funds

Moshe Hogeg, a renowned Israeli crypto entrepreneur, is facing accusations of misusing funds from two ICO projects. Consequently, IDC Investdotcom Holdings, the company that conducted the ICOs has become insolvent. Seventeen individuals alleging to be shareholders in the company have filed a petition seeking to liquidate the organization. According to a report by The Times of Israel, a court in Tel Aviv has subsequently appointed a temporary liquidator. The petitioners claim that Moshe failed to share the firm’s proceeds and instead squandered. (KE)

17 days ago

Telcoin Collaborates with Jumia to Enhance Service Delivery and Increase Efficiency

Telcoin, a Japan-based firm that offers telecom-focused blockchain solutions has partnered with Jumia, a top online e-commerce brand in 15 African countries. This partnership would incorporate the blockchain technology into Jumia to increase the volume of goods and services it offers. Per the announcement, the associates would start their operations in Nigeria. According to the CEO of Jumia Nigeria, Juliet Anammah, they would trust Telcoin to handle currency conversion since Jumia does not support cryptocurrency payments at the moment. (KE)

17 days ago

Telcoin new partnership with @JumiaNigeria , a leading onlin...

Telcoin new partnership with @JumiaNigeria , a leading online e-commerce marketplace accessible in 15 African count… https://t.co/TduyK5b0v7

19 days ago

Telcoin is excited to announce a partnership with Jumia, a l...

Telcoin is excited to announce a partnership with Jumia, a leading online e-commerce marketplace accessible in 15 A… https://t.co/3VgcapSqdO

19 days ago

Teen Offering Fake Bomb Threats for Bitcoin Sentenced to 10 Years in Prison

The cryptocurrency industry attracts people from all strides of life. Some people see the big picture, whereas others want to get rich quick. One teenager making fake bomb threats has been sentenced to 10 years in prison. Interestingly enough, this perpetrator was paid nearly $800,000 in Bitcoin. Bomb Hoaxes are a Serious Crime It remains unclear what drove this teenager to commit multiple bomb hoaxes. He targeted schools, hospitals, Jewish centers, and so forth. It is expected over a hundred separate incidents have been recorded over the years. Such a large-scale operation cannot go by unnoticed for very long. Ultimately, the teenager responsible for these prank calls was arrested. Earlier this week, he received a jail sentence of ten years in prison. For a 19-year-old, that is a rather harsh reality check. He received this sentencing in Tel Aviv, as the perpetrator is of American-Israeli descent. A different case against this person is underway in the United States where the Justice Department aims to sue him for hate crimes. Most of these crimes were committed during his years as a minor. All convictions pertain to hoaxes committed after turning 18 years old. Charges include making threats, conspiracy to commit a crime, and even money laundering. That latter angle involves Bitcoin, the world’s leading cryptocurrency. Developments like these give Bitcoin an even worse reputation than it already has today. The Bitcoin Angle Raises Eyebrows Court documents obtained by the New York Times indicate this person preferred to be paid in Bitcoin. He was an active darknet user and always favored BTC to remain somewhat anonymous. Bitcoin is a favored payment method on underground forums, though its actual use in criminal activity is extremely low, despite critics’ claims. For all of his efforts, the teenager earned 184 bitcoins - roughly $775,000 at current prices. Not all of these payments have to do with bomb hoaxes. The user is also active in terms of child pornography, drugs, and bomb-making guides. This further confirms the individual has a clear intent to commit various crimes in search of quick money. Fake bomb threats cost $40 to execute, which makes for a rather appealing business model to the right people. The defendant has refused to give up access to his Bitcoin wallet meaning that, at this time, the government cannot seize the funds in question. A small portion of his earnings was exchanged to cash. Everything else is still stored in an undisclosed Bitcoin wallet. It is unclear if any action will be undertaken to gain access to the money in question. Do you think that criminals will continue to use Bitcoin despite its proven lack of true anonymity? Let us know in the comments below. Images courtesy of Shutterstock The post Teen Offering Fake Bomb Threats for Bitcoin Sentenced to 10 Years in Prison appeared first on Live Bitcoin News.

20 days ago

3 Blockchain Conferences You Don’t Want to Miss Out On

A number of key Blockchain events a lining up to usher participants in the ecosystem into the next developmental phase of the novel technology. The ICO era of 2017 marked a significant landscape in the life of blockchain technology and the concept of tokenization. The effect of this era reverberated across various aspects of the industry. At the same time, it attracted a lot of new players both from the technical and investment angles. As the ICO phase wanes, project teams and industry leaders are beginning to focus on the fundamentals of the underlying technology. The incidental slump in crypto prices, led by Bitcoin is not free of the fact that development teams of various products are selling off accumulated cryptos for product development purposes. This core factor symbolizes the advent of a new phase in the life of blockchain technology and cryptocurrencies. The blockchain industry as an entity has been a product of continuous education, growing awareness, and robust networking. Meetups and conferences have become established as the birthplace of trends and direction for the industry. The blockchain industry is presently confronted with a critical transition phase. Therefore, key events are being organized where top experts from blockchain and other related industries can share their opinions as they analyze the future of the industry. Next Block Conference, Tel Aviv The NextBlock Conference is set for December 12, 2018, in Tel Aviv, Israel. It is an event that aims at engaging, educating and impacting participants. According to the event organizers, the conference is designed for blockchain professionals, business, funds and start-ups alike. It is a program that promises to provide participants with an opportunity for high-end networking with the very top leaders in and across the industries. David Weild IV, Vice Chairman of NASDAQ, Chairman, and CEO of Weild and Co. Inc shall be delivering the keynote address at NextBlock 2018. Beyond Blocks Summit, Bangkok With Bangkok standing out as one of the blockchain friendly cities within the Asian region, industry participants are using the opportunity to express themselves in that region. The Beyond Blocks Summit which will take place on November 26-27, 2018 sets the stage for industry leaders to present their views on industry trends and the way forward. Charles Hoskinson, Founder & CEO of IOHK (Cardano), Wei Zhou, Chief Financial Officer at Binance, Ryan Gaylor, Director of Corporate Payments at Ripple are a few of the numerous experts that will be presenting at the high-end event. The event is an opportunity for participants to engage with the fastest growing blockchain platform while maximizing the opportunities to interact and network with the major industry players. The year 2019 promises to bring to life numerous expressions of blockchain products that have been brewing underground. Blockchain enthusiasts and industry participants are positioning themselves strategically in other not to miss out on the imminent trend of upcoming events. Nitron Summit 2019, San Francisco The Nitron Summit 2019 is positioned to herald the industry into this new trend. The event is set to take place in San Francisco on January 17-18, 2019. According to the organizers, the event is aimed at breaking industry barriers and fostering innovation within the blockchain industry. This is the first international summit to be hosted by TRON. Blockchain is evolving, and new trends keep emerging. Being a community-based technology, conferences and educational programs remain a vital tool in the development and propagation of the technology. With the imminent era of mainstream introduction close by, events such as elaborated above cannot be overemphasized as products and connection with certainly find new leases to life. Altogether, the next phase of blockchain development will unfold as the industry continues to expand. 3 Blockchain Conferences You Don’t Want to Miss Out On was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

20 days ago

3 Conferences that Target the Next Phase of Blockchain Development

CoinSpeaker 3 Conferences that Target the Next Phase of Blockchain Development 2018 stands out as the year when the blockchain industry engaged the various angles that define the ecosystem. The record price of Bitcoin and other cryptocurrencies at the beginning of the year reveals the potential of value stored in the technology. The flexibility of the crowdfunding systems that blockchain permitted showed new ways of capitalization. Certain challenges also gave birth to new ideas and different ways of thinking, which have reflected on the industry as a whole. For instance, the “Scaling” difficulty encountered by bitcoin has led to a lot of people considering it as digital gold, rather than a transaction vehicle. Keeping in Touch with the Trend The popular way to maximize the opportunities that are presented by the blockchain industry remains to be well informed about the trends and development. At the same time, the community design of the entire ecosystem makes it expedient for networking to be a very strong tool in driving ideas within the industry. Blockchain conferences have proven to be vital platforms that aid the development of the industry as a whole. Education, exposure, connection, and networking are benefits that have been emphasized by blockchain summits and conferences. Industry leaders have found a way to make their opinions known and present facts of their intense analysis of developments during these events. Thus, it is no surprise that with every transition period comes key events that herald the new season. A number of blockchain events have been slated for the year ending 2018 and the beginning of 2019. This period coincides with the transition from the ICO era to the product development/launch season as eagerly anticipated. Hence, participants are taking an opportunity to position themselves strategically as the new wave kicks off. Beyond Blocks Summit, Bangkok November 26-27, 2018 will witness the Beyond Blocks Summit in Bangkok, Thailand. Bangkok as a city is growing in reputation as a blockchain friendly environment. This reputation automatically attracts various key players and startups, thereby making it easy for blockchain to thrive based on synergy. Considering this outlook, it is reasonable to expect a robust and versatile event where major players will be well represented. Therefore, the summit which will feature A-listers like Charles Hoskinson of IOHK, Wei Zhou of Binance and Ryan Gaylor of Ripple isn’t one to be taken for granted. Some of the key topics in the Summit agenda include: • Silicon Valley Vs Asia: Path To Redemption In Crypto • Scalability: The Quintessential Blockchain Hurdle • Cryptocurrency Exchanges: A (Not-so) Long Term Vision The Next Block Conference, Tel Aviv With speakers that cut across both the blockchain and mainstream ecosystem, the Next Block Conference provides a platform to dissect the numerous developments that the industry has experienced, especially in 2018. The event is planned to set the tone for the next phase which is about to kick while providing participants with a clear industrial outlook on what to expect. Beyond education and guidance, the event also promises to provide networking opportunities for participants to build fruitful and lasting relationships. Nitron Summit 2019, San Francisco As one of the early events of 2019, TRON will be hosting its first international summit on January 17-18, 2019. It is an event that also attracts a wide range of experts from within the blockchain industry and beyond, as well as famous icons such as Kobe Bryant. TRON as an entity is dedicated to accelerating the decentralization of the Internet through blockchain technology and decentralized applications. Therefore, as the blockchain movement grows and encroaches into the mainstream, there is not a better time to foster innovation within the industry. This is the focus of the Nitron summit. Blockchain evolution continues, and research and ideas will be continually communicated through the right channels. Conferences, summits and meetups have served as an effective platform for education, communication, and networking. There is still a lot to achieve within the industry and these events as mentioned above do have significant roles to play as participants position themselves to maximize the opportunities provided. 3 Conferences that Target the Next Phase of Blockchain Development

20 days ago

American-Israeli Teenager Jailed for Making Bomb Threats to Make a Bitcoin Fortune

A Tel Aviv court has sentenced an American-Israeli teenager Michael Kadar, who made a Bitcoin fortune from bomb threats, to a 10-year prison term. The 19-year old generated about 184 Bitcoins, about $800,000 from bomb threats. Kadar is said to have made about 2000 bomb hoaxes between 2015-2017. His services, which were paid in Bitcoin, were offered on the darknet. He charged $500, $40, and $80 for making bomb threats to commercial jets, private residences, and schools respectively. Kadar made the threats from Ashkelon, Israel using sophisticated software which changed his voice and concealed his location. Several police forces collaborated in the investigation and found cash in US dollars when they raided his place. However, he did not disclose his Bitcoin wallet details. (KE)

21 days ago

Today Laurent-Michel TAMET spoke about Telcoin vision @ClubO...

Today Laurent-Michel TAMET spoke about Telcoin vision @ClubOpenInnov https://t.co/7bxwqW2a2K

23 days ago

Israeli Startup Launches Crypto Funds Amid Institutional Push

Since the value of Bitcoin began to recede in early-2018, investors from across the globe have sought to find a silver lining to latch onto. However, with initial coin offerings (ICOs) seeing less than adequate amounts of interest, security tokens failing to pick up steam, and corporations remaining hesitant to adopt blockchain-based technologies, investors have only found hope in institutional involvement. And, with a number of developments and cries for the arrival of the “institutional herd,” it has become apparent that finally, after a multi-month downtrend, crypto investors can find some much-needed solace. Silver Castle Launches Two Crypto Funds, Looks to Institutional Investors According to a report from Bloomberg, Silver Castle, a Tel Aviv, Israel-based digital asset investment house, has recently launched two cryptocurrency-centric funds. Silver Castle’s first fund trades on the back of an undisclosed group of algorithms, which reportedly analyze the momentum of the five most capitalized cryptocurrencies, before opening short or long positions as it sees fit. Eli Mizroch, CEO of Silver Castle, explained that these algorithms have been used in-house for over a year, with results being in the “high double-digits,” presumably in terms of percentile. The second fund, which also makes use of algorithms, offers investors a collection of this market’s top 10 cryptocurrencies. The latter fund is likely aimed at the long-term crypto investor, while short to medium-term investors would have a penchant for the former. By year’s end, Silver Castle, Israel’s first institutional-focused cryptocurrency investment corporation, hopes to have $50 million in investor capital under its belt via the two aforementioned funds. Speaking on his firm’s appeal to institutional grade investors, Mizroch stated: “We spent close to a year building robust infrastructure for managing other people’s money at the level of institutional grade with very, very high security.” If the two aforementioned funds garner adequate support, Mizroch hinted at his startup’s plans to offer a third fund, which would be focused on investing capital in ICOs and tokens. Silver Castle evidently wants to maintain its hegemony over the Israeli crypto ecosystem, as a multitude of startups and organizations in the region continue to eye blockchain technologies and cryptocurrencies. Israel-based eToro, for one, recently doubled-down on its crypto-related offerings, launching a cryptocurrency wallet after first offering Bitcoin (BTC) speculative trading in 2014. Binance CEO: Institutional Involvement Is “Very Net Positive” Interestingly, Silver Castle’s foray into professionally managed crypto funds comes amid a newfound drive to obtain the business of institutional players in this market. Speaking with The Street’s Jordan French, Changpeng “CZ” Zhao, CEO of Binance, explained that “increased institutional participation is a very good thing.” Bringing up Boston-based Fidelity Investment’s recent foray into the crypto market, dubbed an “all-in play” by optimists, CZ noted that the establishment of Fidelity Digital Asset Services (FDAS) “suggests the crypto market cap will grow a lot more.” Essentially using the age-old concept of the “snowball effect” to describe this market’s potential growth cycle, Zhao then explained that as this market swells, so will adoption, subsequently bolstering prices. The Binance executive then discussed volatility in this market, verifying the popular theory that institutional involvement calms emerging markets, like Bitcoin, while also enticing more players in. Taking this all into account, in short, as put by Zhao: “All of this I think is very positive. It’s just a matter of time [that institutions will arrive en-masse]. I don’t know how quickly it will happen, but it will happen.” Zhao’s aforementioned comments echo a tweet he made in late-October, in which he noted that “sooner or later,” funds from the pockets of institutions will make a perceptible appearance in cryptocurrency markets for the first time ever. Interestingly, Zhao isn’t the only industry savant to be making such claims, far from it in fact. Mike Novogratz, a former institutional banker-turned-cryptocurrency investment deity, recently lauded FDAS’ proposed custody solution, before subsequently aiming his firm’s scopes at institutional clients. Related Reading: Why Are Novogratz, Fidelity, and Bakkt Banking on Institutional Crypto Investors? Featured image from Shutterstock. The post Israeli Startup Launches Crypto Funds Amid Institutional Push appeared first on NewsBTC.

25 days ago

Giant Social Trading Platform, eToro, to Launch its Own Stablecoin

eToro, a social trading and multi-asset brokerage firm with offices in Israel, Cyprus, and the UK, is reportedly planning to launch its own stablecoin. When questioned about whether eToro would be releasing its own stablecoin (at the Finance Magnates London Summit), Yoni Assia, the CEO of eToro, confidently said: “Absolutely, yes!.” Founded in 2006 and established first in Tel Aviv, eToro...

a month ago

Israeli Crypto Mining Startup Bitfarms Pursues a Public Listing in the Canadian Markets

Israeli crypto mining farm company Bitfarms has filed for an IPO in Canada, according to reports. The company, which is also listed on the Tel Aviv Stock Exchange, has filed a preliminary prospectus with Canada's securities regulator, according to reports. Bitfarms previously merged with Canada’s Backbone Hosting Solutions and has dual headquarters in Ramat Gan and Montreal. Bitfarms CEO Wes Fulford explained that the company is pursuing the Canadian listing because it’s “one of the most active public markets” for blockchain startups. (GT)

a month ago

The Daily: Coffee Company to Pay Farmers in Bitcoin, Bitfury’s Latest Investment

In today’s edition of The Daily, we feature an upcoming bitcoin cash token backed by physical diamonds and an American coffee company that has decided to add cryptocurrencies to its payment options. Additionally, we look at a public mining company that may get a dual listing in Canada, as well as the latest investment by Bitfury. Also Read: GMO Internet Reports Crypto Exchange Profit Up Over 34% in Q3 2018 Rosetta Coffee Adopts Bitcoin Payments Rosetta Coffee, a specialty coffee company based in Lynchburg, Virginia, and Outer Banks, North Carolina, has announced that it will soon adopt cryptocurrency payment options. On the client-facing side of the business, transactions will go through Shopping Cart Elite’s e-commerce platform. With this, the online store will be able to accept BCH, BTC, BCD, DASH, ETH, LTC and XZC. Rosetta Coffee emphasized that farmers will also directly benefit from the new process, as part of its commitment to purchasing fair-trade coffee. “Cryptocurrency allows them to receive payment directly and immediately without paying a middleman. They will be able to take home more of what they earn,” said Aaron Skeen, co-founder of Rosetta Coffee. “We think this is awesome and it aligns directly with our mission. In the coming weeks and months, we’ll be working with farmers to iron out this process and make it more accessible.” Hello Diamonds Developing BCH Token Hello Diamonds, a part of the Cyprus-based Hello Group — which acquired the domain Bitcoincash.io earlier this year — is developing a new token backed up by physical diamonds. The company revealed that the “Diamcoin,” which is scheduled for launch in the first quarter of 2019, will be based on a bitcoin cash (BCH) smart contract protocol. “The Bitcoin Cash network allows for fast and cheap transactions and this is fundamental to our reasoning,” the developers explained. “We firmly believe that the Bitcoin Cash smart contracts will be the best choice for Hello Diamonds and we aim to scale and be the world’s most used stablecoin.” The token will use the Wormhole protocol, which creates the WHC “second layer” on top of the BCH network, a process which Hello Diamonds concluded “scales much better than Ethereum.” Bitfarms Seeks Listing in Canada Tel Aviv Stock Exchange-listed cryptocurrency mining company Bitfarms has started the regulatory process to examine the potential of having its shares listed on a Canadian exchange. The Canada-headquartered company has filed a preliminary prospectus with the Ontario Securities Commission, which was made available to the public on Nov. 12. It details a potential business arrangement between Bitfarms and a newly created Canadian private company, Bitfarms Canada, for the planned move. “We are currently evaluating a listing in Canada as we endeavor to grow Bitfarms’ visibility, improve our access to capital and streamline expenses,” commented Wes Fulford, chief executive officer of Bitfarms. “Our analysis suggests that Canada has one of the most active public markets in our emerging industry, with several blockchain infrastructure and cryptocurrency mining companies having listed and raised significant capital over the last 12 months.” Bitfury Invests in Institutional Crypto Company Bitfury Group, the San Francisco-based manufacturer of bitcoin mining hardware — which recently completed an $80 million private placement funding round — has announced a new investment of its own. The company has acquired an undisclosed but “substantial” minority stake in Final Frontier, a specialist cryptocurrency investment firm operating out of Switzerland’s so-called “Crypto Valley” region. This move is meant to help Bitfury to develop institutional-grade financial products and services for professional investors. “This is a groundbreaking partnership between a blockchain technology firm and an experienced team from traditional finance,” said Valery Vavilov, CEO of Bitfury. “With the blockchain space institutionalizing, we consider it an important step forward for the entire ecosystem and for our own mission to be the world’s leading full-service blockchain company.” 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 Bitcoin.com. The post The Daily: Coffee Company to Pay Farmers in Bitcoin, Bitfury’s Latest Investment appeared first on Bitcoin News.

a month ago

Telcoin is pleased to join the @blockfolio Signal beta to ke...

Telcoin is pleased to join the @blockfolio Signal beta to keep you updated with the latest developments from our le… https://t.co/PuZ6ZlKjLz

a month ago

Telcoin is pleased to join the Blockfolio Signal beta to kee...

Telcoin is pleased to join the Blockfolio Signal beta to keep you updated with the latest developments from our lea… https://t.co/ZEf6Lir87Q

a month ago

NEXT BLOCK Blockchain Conference: Tel Aviv + Fabulous FashionTV after-party

On 12 December 2018, Tel Aviv Stock Exchange, Israel will host NEXT BLOCK Conference “From Chaos To Clarity: 2019 Trends” organized by Krypton Events. Bringing together over 350 participants and 20+ distinguished speakers, the Conference will hear from top blockchain experts looking into 2019 trends. As a good tradition, the event will be celebrated by a yet another luxurious FashionTV Party by NEXT BLOCK, which adds to the chain of the most fabulous crypto-parties of 2018. Meet NEXT BLOCK Keynote speaker - David Weild IV, a stock market expert best known for his position as Vice Chairman of NASDAQ. David is also the “father” of the Jumpstart Our Business Startups [JOBS] Act and has been involved in drafting legislation for the US Congress. Among our first speakers are: Jan Sammut, founder, and CEO of RefToken, Ofer Rotem, General Partner, Collider Ventures, active Israeli angel investor in blockchain related startups since 2013, Naeem Aslam, Columnist with Forbes, Chief Market Analyst of ThinkMarkets, Gianluca Massini Rosati, Founder and CEO presso Xriba, Ilan Tzorya, Founder and CEO of Krypton Capital, Avia Arika, Head of the Avia law, Marc P. Bernegger, Serial Fintech, and Crypto Entrepreneur. Check NEXT BLOCK to know more about the experts and the agenda of the event! Present your company in the EXPO ZONE or during the ICO Pitch Session, where each participant will have 5 minutes to earn the investor’s trust! Find out more, buy a ticket, become a sponsor or media partner at NEXT BLOCK. Follow the conversation on Facebook, Telegram, Instagram, and Twitter. Media contact: Svitlana Kokarieva, Project Manager, svitlana.k@kryptonevents.com, +38 063 213 12 12 The post NEXT BLOCK Blockchain Conference: Tel Aviv + Fabulous FashionTV after-party appeared first on AMBCrypto.

a month ago

eToro announces GoodDollar experiment to reduce wealth inequality

GoodDollar experiment to research how to reduce wealth inequality using blockchain GoodDollar is an open source community project eToro announces $1m in funding and calls for more ‘brains, ambassadors and funders’ to join the experiment Global, multi-asset, investment platform eToro today announces the launch of the GoodDollar experiment with $1 million in funding from the company. The company is calling on more partners to join the initiative which aims to reduce wealth inequality using new technologies underpinned by blockchain. The experiment will research implementing a cryptocurrency that pays social interest to those who have less, and is continuously distributed to any verified participant for free, creating a global, open, universal basic income (UBI). Yoni Assia, eToro Co-founder and CEO, said: “The success of new technologies should not be measured only by their ability to power new industries and disrupt old ones, but also on their ability to affect positive change in the world. Too often the tech world focuses on generating commercial value, rather than societal value. Technology should be used to tackle the great challenges of our time. This is especially true of blockchain, which has been harnessed in many creative ways, but hasn’t yet been used to tackle our really big challenges.” The GoodDollar experiment is an open invitation for the global community to rethink the existing economic framework. GoodDollar aims to create a non-speculative cryptocurrency that aims to find ways to reduce wealth inequality on a global scale. It is geared towards a global UBI distribution mechanism that is deployed via smart contracts. Yoni Assia continued: “Inequality is the crucial economic challenge of our time. In 2017 just 1% of the world’s population owned more than half of the wealth. With the rise of technology unemployment, the tech industry needs to find solutions for those with less to participate in the economy and pursue their purpose. “We see a growing interest amongst tech entrepreneurs, such as Mark Zuckerberg and Elon Musk, who understand the challenge of global wealth distribution and want to create a research framework for how technology can help solve this issue. “The merging of blockchain technology, growing support for UBI and the realization that wealth inequality must be reduced, may finally converge into a new global economic system that would give all humans the financial freedom to pursue their purpose and happiness.” eToro Co-founder and CEO Yoni Assia first shared the idea of addressing wealth inequality a decade ago in an article published in November 2008 entitled ‘The Visible Hand’. Yoni’s vision is now being made a reality by a team based across Tel Aviv, London, and wherever the right expertise exists. Yoni Assia added: “We believe that we can create a mass-market cryptocurrency that is engineered to reduce inequality and provide a universal basic income. Engineers, product designers and economists are currently developing the prototype. Today is just step one on a long, ambitious journey. “I would like to invite more partners to join this important experiment. We’re looking for experts in the fields of decentralized identity, governance, local and global adoption of financial products, and wealth distribution. We are also on the hunt for ambassadors to help spread the word about the project, and for funders to help us deliver GoodDollar. So if you’re passionate about using technology for social good, please get in touch.” * Source: Credit Suisse Wealth Report, November 2017. As of October 2018, 0.7% of addresses hold as much as 87% of total bitcoin in supply - source: BitInfoCharts, October 2018. Further information on GoodDollar, including how you can get involved, can be found here. The post eToro announces GoodDollar experiment to reduce wealth inequality appeared first on CryptoPotato.

a month ago

.@jeffwilser of @breakermag stops by Bancor's office in Tel ...

.@jeffwilser of @breakermag stops by Bancor's office in Tel Aviv for an in-depth conversation with @galiabenartzi:… https://t.co/6pVZQKO8nP

a month ago

New Hampshire Opens Arms to Bitcoin Embassy, Second in the US

New Hampshire in the U.S. is once again showing how crypto-friendly it is with the opening of a Bitcoin Embassy, making it the second in the country. Teaching the Basics of Bitcoin Located on Route 101 in Keene, New Hampshire, is the Bitcoin Embassy. The aim of it is to provide a place where people can learn about cryptocurrency in a fun and easy manner, in addition to delivering network opportunities. It will also bring Bitcoin 101 lessons to individuals and businesses. This is the second Embassy located in the U.S. The other is situated in Atlanta, Georgia. The addition of the Bitcoin Embassy to Keene brings the total to 11. The remaining ones can be found in Amsterdam, Helsinki, Kiev, London, Montreal, Perth, Stockholm, Tel Aviv, and Warsaw. In a report from the New Hampshire Public Radio, Chris Rietmann, executive director of the Embassy, said: For regular everyday people who have heard about Bitcoin and they are intrigued by the idea, we can basically get them up to speed without throwing lots of technical jargon at them. He adds that Keene was the ideal fit due to the high number of people who accept Bitcoin in the area. Other areas in New Hampshire, which are embracing the crypto space include Portsmouth and Merrimack. Both of these places are also seeing a rise in the number of Dash payments. New Hampshire Embraces New Technology The state of New Hampshire has taken an open arms approach to cryptocurrency and the blockchain. So much so, that last June, Chris Sununu, the Governor of New Hampshire, signed a bill into law that removes digital currency traders from the state’s money transmissions laws. Receiving support from grassroots organizations, the bill has paved the way for New Hampshire to be seen as a crypto-friendly state. To also promote that New Hampshire is embracive of the space, the state-based newspaper, Monadnock Shopper, published a front-page article, last year, about Bitcoin in Keene and the businesses that accept it. These include Route 101 Local Goods, Liberty Lobby, ThinkPenguin, Keene Website Designers, and LocaCopia. Even though other countries and governments are taking a hardline - such as China and India - about cryptocurrency, states such as New Hampshire are showing that while the technology is still new there’s nothing to be afraid of. Instead of cracking down on it, why not embrace it to see where it may lead? Do you think New Hampshire is becoming the crypto state of the U.S.? Let us know in the comments below. Images courtesy of Shutterstock. The post New Hampshire Opens Arms to Bitcoin Embassy, Second in the US appeared first on Live Bitcoin News.

a month ago

The World’s First Decentralized and Secure Proof of Location Protocol on the Blockchain

CoinSpeaker The World’s First Decentralized and Secure Proof of Location Protocol on the Blockchain Most peoples’ doubts related to cryptocurrency are based on their uncertainty of its real power. You can’t touch it, see it, or feel it in your hands, and this factor can be intimidating for new users. Platin’s development team is here to change that by making digital assets more real and accessible with the help of its brand new Proof of Location (PoL) protocol, entirely based on blockchain technology. According to the company’s whitepaper, Platin represents itself as the world’s first decentralized and secure PoL protocol, which allows its users to geo-locate a digital asset (cryptocurrencies, documents, images, etc.) anywhere on the map and anywhere in the world, in real time. The Platin system consists of an aggregate of inter-functional, inter-cooperating subsystems, which allow for leveraging of privacy preserving location credentials at an unprecedented scale. The protocol decentralizes the location services marketplace with secure location capabilities and proof verification for any digital asset fueled by Platin’s own PTNX coin, making it a secure, decentralized, and incentivized peer-to-peer location protocol available to businesses from all around the globe. The Platin protocol will help end the abstractness of digital assets like cryptocurrencies by bridging the gap between the physical and the digital worlds. By leveraging a decentralized peer-to-peer protocol for location-centered operations, Platin provides well-known blockchains (Ethereum/Solidity, EOS, and others) with its Geographic Information System (GIS) extensions. These extensions allow developers to request and define secure location proofs on the blockchain. The high level of security is reached with the help of the Platin PlexusTM. Thanks to the integration of the platform’s native token PTNX, Platin’s protocol incentivizes individuals, organizations, and large groups of people to move and interact with digital assets, as well as with each other. Through innovation, and by knowing the exact location of their assets in a physical space, users can feel more comfortable on the blockchain. The fungibility of PTNX allows it to be exchanged for other currencies; this will help to promote and encourage positive behavior amongst the platform’s participants. PTNX can function as a great incentive for the Platin ecosystem because they can be utilized as rewards, and distributed in varying amounts to participants that run Platin policies at different levels. Platin’s Many Use-Cases Being developed by a world-class team of professionals experienced in blockchain, security, mobile, and AR, Platin has the potential to transform every industry from retail to ride-sharing, and from supply chains to the disintermediation of large-scale international humanitarian relief efforts. Platin’s proof of location protocol provides the tremendous advantage of top-notch security for protecting high-value assets, as well as a level of interoperability and flexibility that allows Platin to utilize pre-existing infrastructure to achieve global coverage, ultimately enabling the platform to be used anywhere on the planet, irrespective of the area of deployment. Aside from redefining the way humanitarian aid efforts are carried out, Platin also has another important use-case in the business world. The Platin system allows businesses to leverage Platin’s incentive system for attracting customers, incorporating retailer branding, and adopting advanced marketing strategies. Cryptocurrency airdrops can be used to provide customers with access to exclusive discounts, while Platin Geo Airdrops can be used to drop branded tokens at eventful locations with lots of potential customers. This will help businesses expand their outreach and customer-base immensely. The Platin Team is Truly Global The founders are based in Israel, and their software developers are based in Tel Aviv and Kiev, which include a team of full-time employees, experts in blockchain (Ethereum, EOS), mobile (Android, iOS), full stack programming, designers, 3D modelers, Solidity developers, and more. Their Japan team leads partner relations and business development. Platin’s team partners with Sir Tim Berners Lee, the inventor of the World Wide Web who also rejects the idea of web services centralization, by working with the World Wide Web Consortium (W3C). Together, they work on codifying the creation, storage, presentation, verification, and user control of location credentials. The company will run a token sale in order to incentivize the ecosystem’s early adoption and further development. The TGE will officially launch on October 28, 2018 and last for one month. The hard cap is estimated at $18 million, and a soft cap at $3 million. The PTNX utility tokens enable secure and verifiable location proofs to be requested via Platin’s Proof of Location (PoL) protocol on the blockchain. In addition, the toke

2 months ago

Bitfarm Launches Bitcoin Mining Pool With Low Commissions

Canadian Bitcoin mining firm Bitfarms has launched its Bitcoin mining pool with decent incentives. Miners who join the new pool before November 15 will have to pay no commission for life, while other miners will have to pay just 1%. Bitfarms announced the launch of its pool in September this year. Bitfarms operates four facilities in the Canadian province of Quebec, mining bitcoin, Bitcoin Cash, ethereum, Litecoin and Dash. The company made a revenue of $22.3 million and $4.9 million profit in its first six months. In April 2018, the firm merged with an Israeli ghost company to obtain a listing on the Tel Aviv Stock Exchange, where now Trades under the ticker BLLCF.TA. (VS)

2 months ago

Top 10 Cities To Spend Your Bitcoins

As Bitcoin's popularity grew this year, more merchants have started accepting it as a form of payment. Investopedia used Coin ATM Radar and coinmap.org to compile a list of the best cities to visit around the world for spending bitcoins. The trends are very clear, with crypto-friendly countries having sensible regulations at the top. San Francisco, home to one of the largest crypto exchange, Coinbase took the top spot with 177 Bitcoin-accepting merchants and 29 Bitcoin ATMs. It was followed by Vancouver, Amsterdam, Ljubljana, and Tel Aviv. (VS)

2 months ago

Africa and the Middle East: Crypto and Blockchain News Roundup, 19th to 25th October 2018

Africa and the Middle East Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country. Kenya Restaurant accepts Bitcoin and Dash for food and crypto classes: A new restaurant in Kenya is offering food and cryptocurrency classes in exchange for cryptocurrencies. Situated in the small town of Nyeri, the local tech-savvy restaurant embraced cryptocurrency payment as a first in the region. The town itself is 150 km from the capital Nairobi and lies near the popular destination of Mount Kenya. According to the proprietress of the eatery, Wambagu: “Since the world is becoming more global, my place is also becoming a global restaurant.” Wambagu prides herself on being a cryptocurrency pioneer in the country and people flock to her restaurant because of her excellent food. She has also introduced cryptocurrency education classes for interested individuals inside her restaurant every Sunday and attendees can also pay the nominal fee in Bitcoin. South Africa South Africa deemed most crypto-friendly country in region: South Africa has been deemed as the most pro-crypto country in the African continent according to a report by French banking group BNB Paribas and Capgemini IT company. According to the report, South Africa has allowed cryptocurrency payments, trades and investments without too much regulatory backlash. The country is also investing a lot in blockchain and crypto education as well as becoming home to an increasing number of Bitcoin ATMs and cryptocurrency exchanges. Other African countries are also progressing but a relatively slower pace. Kenya and Ghana are also catching up with South Africa and allowing a pro-crypto culture within the countries. African Union Blockchain and crypto making a difference in Africa: Cryptocurrencies and DLT are paving way for economic inclusion and stimulating growth in the African countries. Many public sectors are weighing up the option to use cryptocurrencies to battle corruption and inefficiency in government departments. While globalization and mercantilism have happened largely at the expense of African nations and exploitation of their resources, it is refreshing to see that cryptocurrencies and blockchain technology are helping African people and governments push back. The recent adoption of blockchain systems for rare earth metal tracking in Rwanda is a good example because of rampant labor violations going in the mines that provide the world with much of the metals that are used in electronics manufacturing. Turkey CoinText Introduced in Turkey: Turkey, along with Argentina, are now within the operational coverage of CoinText, an offline SMS-based cryptocurrency trading solution. With the new service, Turks will be able to use Bitcoin Cash (BCH) through an SMS rather than a wallet which is connected to the internet and thus susceptible to intrusion. Cryptocurrency trading in the country has reached record levels after a recent plunge in the demand of local currency lira. Israel Central banks wants to help blockchain companies: At the Israeli Blockchain Summit in the capital of Tel Aviv, Bank of Israel Head of Innovation and technology, Daniel Hahiashvili, said that the bank is looking to facilitate blockchain companies in the country. His statement echoed change occurring in the system after the Bank of Israel banned cryptocurrencies five years ago. United Arab Emirates Government finds solution for ICO liability: The UAE regulator Securities and Commodities Authority (SCA) has announced a plan that will recognize cryptocurrencies as securities and thus make them liable for SCA’s jurisdiction. While such a move may be detrimental and less encouraging for cryptocurrencies and new ICOs, it is still one of the more popular ways to regulate new ICOs and their tokens. The SCA has also warned about investing in cryptocurrencies before. Follow BitcoinNews.com on Twitter: @bitcoinnewscom Telegram Alerts from BitcoinNews.com: https://t.me/bconews Want to advertise or get published on BitcoinNews.com? - View our Media Kit PDF here. Image Courtesy: Bitcoin News The post Africa and the Middle East: Crypto and Blockchain News Roundup, 19th to 25th October 2018 appeared first on BitcoinNews.com.

2 months ago

Diligently following the plan and positioning Telcoin for a ...

Diligently following the plan and positioning Telcoin for a great future! in Pic: Claude & Eric at the Bangko Sent… https://t.co/TK1lNGG7lX

2 months ago

Private key’s disadvantage? The narrator who luckily won a Bitcoin draw and the less-lucky ending

TL;DR A recent conference hid Bitcoin wallets under the seats. Three lucky attendees won 0.1 BTC each. The Bitcoin was stolen from two of the three wallets, might be by someone involved in the ‘supply chain’ that made out the wallets As a conclusion, you must secure your private keys, and in case the wallet is not secured - transfer the funds to a 100% secure wallet. As we try to explain Bitcoin and how it is going to change the face of the global economy, the buzz around Blockchain technology continues to gather momentum and many conferences are held around the world. The case that we will present to you happened at a conference held in Tel Aviv last week and included a valuable lesson for holders of Bitcoin and other cryptos. Our story began on a sunny day when many of the local Blockchain industry made their way to a routine Blockchain event. While delivering the opening remarks, the conference moderator announced that an envelope was affixed to each of the participants’ chairs, containing a private key for a digital paper wallet. Three of these wallets were loaded with 0.1 bitcoin, about $650 for the lucky winners. Among the hundreds of participants was Dael Shalev, author of the bestseller “Bitcoin and Your Economic Future.” To Dael’s surprise and delight, he discovered that the public address that appeared on his fancy paper wallet did indeed contain 0.1 BTC. Paper wallets are considered very safe, so the hero of our story (and our book) was happy and continued his day thinking that he would pass his loot to his hardware wallet as soon as he got home. But then the story took a less favorable turn when the money disappeared from the paper wallet. In retrospect, it turned out that a few minutes after the wallet distribution someone transferred the Bitcoin from the paper wallet, and the joy of winning was replaced by sorrow. It seems that Dael was not the only one holding a copy of the private key printed on his paper wallet. As we know, whoever owns the private key holds the Bitcoin. Dael will probably have to finance his next vacation from another source. But he was not alone. There were three wallets loaded with Bitcoin and three happy winners. An inspection conducted by the event organizers revealed that another wallet had been emptied of its contents about half an hour later, suggesting that someone in the wallet ‘supply chain’ had access to the private addresses and had scanned them until they found the wallets with the Bitcoin. All that was required was a copy of the wallets and a smartphone. The rationale is simple: go over each address, one after the other. Although the Bitcoin from the third wallet was not stolen, the organizers’ embarrassment remained, for their intentions were good. Conclusion: Steps for security first So, if you get a paper wallet as a wedding gift, work payment, lottery, debt refund from a friend or any other grant, the assumption must be that the wallet is insecure or hacked. Even if the source is honest and decent. They are only a person, and someone may have cheated them without their knowledge and photographed or obtained a copy a different way. Whether it’s the printing press, the delivery person or anyone else exposed to the private key they can effortlessly transfer the contents of the wallet to themselves. Don’t be lazy. If you receive a paper wallet, immediately forward it to a local wallet where you are the only person who controls its private key. Do you have a paper wallet that you have made yourself and is safe in its durability? Remember that a paper wallet is only good for as long as it remains completely confidential. If you have a maid, or friends of the children, or visitors or anyone other than you, and they see the private key of the paper wallet, even if only for a moment, the money could be lost. It is complicated to produce a paper wallet that is safe from being hacked. There may be spyware on the computer, in the printer, or even on the motherboard chip. In conclusion, in the world of cryptocurrencies, freedom comes with responsibility. Learn how to secure your Bitcoin best. And remember “Not your private key - Not your Bitcoin.” The post Private key’s disadvantage? The narrator who luckily won a Bitcoin draw and the less-lucky ending appeared first on CryptoPotato.

2 months ago

Manila - October 17- Very first official TEL/PHP transaction...

Manila - October 17- Very first official TEL/PHP transaction through Telcoin wallet! #TEL #financialinclusion… https://t.co/6rrMBqtWsv

2 months ago

Israel's Tel Aviv University Is Set To Establish Blockchain Institute

Tel Aviv University in Israel is setting up a blockchain institute to educate interested students on blockchain technology and its use cases. The institute will be named after Sirin Labs CEO Hogeg Moshe, as he is the single largest investor for the institute. Moshe has invested NIS 7 Million (approx. $1.9 Million) for Israeli students to compete with their overseas counterparts. The institute will also organise conferences, seminars and webinars on Blockchain technology. (VS)

2 months ago

NEXT BLOCK Blockchain Conference Tel Aviv + Fabulous FashionTV After-Party

Bringing together over 350 participants and 20+ distinguished speakers, the Conference will hear from top blockchain experts looking into 2019 trends. As a good tradition, the event will be celebrated by a yet another luxurious FashionTV Party By NEXT BLOCK which adds to the chain of the most fabulous crypto-parties of 2018 by NEXT BLOCK. Among our first speakers are: Jan Sammut, founder, and CEO of RefToken; Ofer Rotem, General Partner, Collider Ventures, active Israeli angel investor in blockchain related startups since 2013, Naeem Aslam, Columnist with Forbes, Chief Market Analyst of ThinkMarkets, Gianluca Massini Rosati, Founder and CEO presso Xriba, Ilan Tzorya, Founder and CEO of Krypton Capital, Avia Arika, Head of the Avia law. Check next-block.org for more experts and the agenda of the event! Present your company in the EXPO ZONE or during the ICO Pitch Session, where each participant will have 5 minutes to earn the investor’s trust! Find out more, buy a ticket, become a sponsor or media partner at next-block.org. The post NEXT BLOCK Blockchain Conference Tel Aviv + Fabulous FashionTV After-Party appeared first on CoinSpeaker.

2 months ago

The GBX team took part in 'Gibraltar Day' in Tel Aviv. Phili...

The GBX team took part in 'Gibraltar Day' in Tel Aviv. Philip Young, Marketing and Business Development Director at… https://t.co/uIOjaolSuB

2 months ago

Demo Day will run from 9:00am to 4:30pm EST, and the selecti...

Demo Day will run from 9:00am to 4:30pm EST, and the selection committee will be tuning in from Tel Aviv. Final dec... https://t.co/C8FHuHaKcU...

2 months ago

Israel is Saving Millions for Crypto Investors, Cuts Down Crypto Taxes by 50%

Cryptocurrency investors in Israel can heave a sigh of relief as the government looks for alternative and more transparent ways to calculate taxes for the industry which will lead to “real tax calculation.” In an announcement made during a blockchain conference in Tel Aviv, the Deputy Director General of the Israel Tax Authority (ITA), Roland Am-Shalem told attendees that the new system will not calculate taxes by estimation like the current one but will rather allow investors to decide how they wish to pay their taxes. The current method known as First In, First Out (FIFO) which has been criticised as over taxing, calculates taxes on crypto-related earnings by matching “the value of the assets of tokens to those that are most recently purchased.”, which is grossly inaccurate. Because cryptocurrencies are only recognised as assets and not currencies in Israel, the FIFO method only estimates the value of the assets and is used as an easy way out when tax authorities are not able to get precise estimates for crypto assets. This has led to crypto investors paying huge undue taxes on their hard earned profits, which may have discouraged the growth of the industry in the country. Taxes calculated by investors however must be verifiable using blockchain transaction timestamps for instance to be accepted. Meanwhile the country’s securities regulator Israeli Securities Authority (ISA) has started using blockchain in its online messaging system to ensure integrity and reliability of information sent between the regulator and companies under its jurisdiction. Because of its mandate of ensuring a safe Securities market and protection of investors’ interest, ISA has turned to blockchain technology because of the irreversible nature of records when using the technology. This according to the authorities will ensure safe, secure and unalterable communication that will also prevent denial of communication by parties involved. Israel has earlier been a hub for crypto investors despite its old method of tax estimation. With this new development, the country may be getting a new influx of investors very soon. With more friendly regulations than the U.S and an openness to the sector, Israel could experience a great boost in its economy as a result of growth in the cryptocurrency industry. Crypto assets could also be considered as currencies such as is obtainable in Venezuela, Dubai and other countries, not just as a store of value as they are currently thought of in Israel. The post Israel is Saving Millions for Crypto Investors, Cuts Down Crypto Taxes by 50% appeared first on ZyCrypto.

2 months ago

Sirin Labs CEO Donates $1.9 Million To Blockchain Institute In Israel

Moshe Hogeg, the co-founder and CEO of Sirin Labs has donated 7 Million shekels ($1.9 million) to create Israel's first blockchain institute in Tel Aviv University (TAU). The institute will research and disseminate information about blockchain technology across all sectors like healthcare, law, business, and government services. Blockchain institute will be headed by professor Dan Amiram, the subdean of the School of Management. (VS)

2 months ago

Israeli Tax Authority Looks to Deliver Transparency to Crypto Tax System

The Israeli government is looking to overhaul the way cryptocurrencies are taxed, which should slash the tax bill of crypto investors, according to a tax official at a recent blockchain event in Tel Aviv. The Israel Tax Authority official stated that the government is looking to deliver greater transparency to the tax system as it relates to cryptocurrencies. Israel has been adhering to a controversial tax method known as First In, First Out, or FIFO, which is reportedly riddled with problems that lead to over taxation. In the new approach, Israel won’t rely on estimations for its formula on taxing cryptos and will give investors more input on the process. (GT)

2 months ago

Tel Aviv University Partners with Sirin Labs Co-Founder for Blockchain Hub

Tel Aviv University is making a blockchain push and has partnered with tech entrepreneur Moshe Hogeg for the project. They plan to launch Israel’s maiden blockchain center, which will be called the Hogeg Institute for Blockchain Applications and will be dedicated to educating others on the technology. Hogeg, who is backing the project with NIS 7 million, is quoted in The Jerusalem Post as saying: "I believe that by granting knowledge, practical tools and scholarships to students, we will help train the next generation which will spearhead the next technological revolution." (GT)

2 months ago

Ethereum Blockchain Challengers Tron and Qtum Look to Become Top Distributed Ledger Networks

A Tel Aviv and New York-based blogger claims that Tron and Qtum are the main challengers of Ethereum. According to him, DApps and smart contracts offered by Tron and Qtum will edge out Ethereum. Yoan Vilner is a startup mentor at Microsoft and Google-led accelerator projects and blockchain tech blogger. He recently published an article...

2 months ago

ClanPlay Announces $2 Million Funding To Build Blockchain Rewards Platform

Tel Aviv based startup ClanPay has announced that it has raised $2 million in venture funding to build a blockchain rewards platform for games. The platform will also serve as a social hub for clan-based games like clash royale. The funding round was entirely from Bicameral Ventures, to leverage its 2 Million users. The new platform will be built on Aion blockchain. AION is currently priced at $0.4177, gaining 0.6% in the last 24 hours. (VS)

3 months ago

The Fate of Cryptocurrencies in Israel Still Unknown

With cryptocurrencies experiencing mainstream adoption across the world, the Israeli government has been approaching the cryptocurrency topic with a lot of caution. However, this has not prevented the startups from venturing into the nascent industry. In December 2017, the Tel Aviv Stock Exchange delisted all the bitcoin-related companies from the exchange following a sudden crash of Bitcoin market. It is reported that the exchange pulled the plug on cryptocurrency trading after Bitcoin prices declined by about 20% overnight. Prior to this, the Israeli government had allowed the crypto industry to grow uninhibited. The fate of cryptocurrencies in the country is still unknown. (SK)

3 months ago

Telcoin is now live on Ethos! ...

Telcoin is now live on Ethos! https://t.co/Wo9gzXaiY8

3 months ago

Telcoin has formally requested MAS (Monetary Authority of Si...

Telcoin has formally requested MAS (Monetary Authority of Singapore) review of our business for a money remitter li… https://t.co/Tgff5v5N7e

4 months ago

TEL is now live in BRD "BRD is a simple and secure way to g...

TEL is now live in BRD "BRD is a simple and secure way to get started with crypto." https://t.co/TFeIRNWyVE

5 months ago

Telcoin signs with a major African operator to start testing...

Telcoin signs with a major African operator to start testing how financial inclusion can be increased through Block… https://t.co/kECFbsx4Z2

6 months ago

Meeting with the ACPR and moving forward with regulations, T...

Meeting with the ACPR and moving forward with regulations, Telcoin is making progress in France too!… https://t.co/D7JQQFRKmY

6 months ago

Dispelling The Myths Behind Tron (TRX), The Most Misunderstood Coin In Crypto

**Pasted this as a link yesterday but it was removed. Copied and pasted so forgive any formatting errors. Links not included here. Will post a link back to the original article if you want to check it out. If that's not cool mods let me know and I'll remove the link. Gracias.** Tronix (TRX) has come under fire quite a bit lately and I can't help but think that it seems like an organized campaign to smear the coin. It has experienced massive growth recently and it seems that it has become a victim of its own success. The Bad Yes, Tron did reference some of Ethereum's code and violate the copyright license. They have since corrected this. Official statement. There was also an incident where it was alleged that Justin Sun cashed out $1.2 billion of his coins. This was also proven to be false as there is a public record of the wallet with the coins still inside. Wallet in question here. Justin Sun is also accused of hyping up the partnership with BAOFENG, calling it the Chinese Netflix when in fact it's most famous for creating a video player that allows users to stream content. Link to the article here. Article excerpt: > Moreover, as explained in the announcement, the partnership is — strictly speaking — with Baofeng BFC, a division within the company that is developing the company’s Blockchain Consensus Network (BCN) and producing hardware devices. This division is separate from Baofeng’s video playback service, which has an estimated 200 million monthly users. As others have said, in the crypto world anything goes. Because of it's rapid adoption, non-existent regulation and high profit potential, crypto investing has become a snakepit where nothing is as it seems. The Good Now let's examine the good things about this company, of which there are a lot. Social Media stats for TRX are very high Twitter: 194k Reddit: 51k Medium: 2.4k (last post 1/12/18) Discord: 4700 Github repository: 243 commits (1/14/18) These are extremely healthy for any company. Add to this the fact that the coin is only 4 months old and it's incredibly impressive. Justin Sun's PEIWO Appis a massive music/audio content provider in China Over 10 million registered members with 1 million active users per month. This is Justin Sun's claim to fame other than Tron, and Tron will be integrated with the platform, giving it a use case almost immediately. > “Peiwo APP is a leading application of online audio content community and a core member of the TRON Union. This access to the national high-tech enterprise qualification represents significant recognition of the long-term persistence of Peiwo APP. Recently, we also noticed that the popularity of online audio entertainment has been on the rise, and the market is constantly expanding. For Peiwo APP, we can only make progress steadily and provide better Service, so as to live up to everyone’s support.” Source This effectively means that Tron will have at least 1 million members who use its currency in order to interact with the map. Need I say more? Their CEO, Justin Sun has achieved a lot at a young age Taken from Sun's LinkedIn: > Justin (Yuchen) Sun is the founder of TRON and Callme (PEIWO) APP. TRON is the world top 40 crypto network and blockchain entertainment content protocol. PEIWO is one of the largest voice live streaming apps in China. Justin is on the list of Forbes 30 under 30 for three times from 2015 to 2017. He is the only millennial student of Hupan University and becomes a protégé of China’s tycoon Jack Ma, Chairman of the Alibaba Group. Justin obtained a Master Degree from the University of Pennsylvania after he received a bachelor degree from Peking University. Founded a massively successful tech startup? Protege of Jack Ma? Oh, and let's not forget this little tidbit: Sun was a Chief Representative and Adviser for Ripple Labs in China. Yes, THE Ripple. Now personally, I'm not a fan of the coin because I feel that crypto should move away from banks. But you can't deny the success and growth that the company has had. I would imagine that with Sun working there, he probably had the opportunity to learn quite a bit and also make important connections in the crypto world. Tron has an all star A-List team Pasted from this article: JIHAN WU: This is definitely an all-star guy. He is the co-founder BITMAIN who studied economics and Psychology in Peking University, Beijing China. Bitmain’s headquarter is in Beijing, with offices in Amsterdam, Hong Kong, Tel Aviv, Qingdao, Chengdu and Shenzhen. Having Jihan Wu as an investor in TRON further reinforces the viability of the company. SHUOJI ZHOU: He is a founding partner of FBG Capital who studied at the University of Electronic Science and Technology of China Chaoyang District, Beijing, China. His LinkedIn profile further illustrates how big this guy is. HITTERS XU: Is the Founder of Nebulas & ico365. BINSHEN TANG: Is the Founder of Clash of Kings with over 10 million MAU worl...

a year ago


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