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TenX News

Square Launches a New Bitcoin Initiative

Square, the payments company run by Twitter CEO Jack Dorsey is reportedly hiring to build out the team for Square Crypto, per a string of tweets penned by the executive Wednesday evening. Square Crypto will work towards building out the nascent bitcoin ecosystem, separate from Square's own business interests in the market."Square is hiring 3-4 crypto engineers and 1 designer to work full-time on open source contributions to the bitcoin/crypto ecosystem. Work from anywhere, report directly to me, and we can even pay you in bitcoin," Dorsey said in a tweet. (RL)

an hour ago

Payment Service Square is Hiring Crypto Engineers, Offers Salaries in Bitcoin

Payment platform Square is looking for cryptocurrency engineers and is offering to pay them in Bitcoin

4 hours ago

Square Is Hiring New Crypto Engineers — And It Wants to Pay Them in Bitcoin

Payments startup Square wants to bring on crypto-focused engineers and designers, and may pay them in bitcoin.

5 hours ago

ICO Investors Threaten Legal Action Against Sparkster

Sparkster, an ICO which raised tens of millions of dollars last year, may become the first token sale to face legal action in the UK. Sparkster (SPRK) raised $30M in its initial coin offering (ICO), which concluded in July 2018. Investors are now threatening legal action against the project, alleging that founders purposely misled investors during the sale, with promises of returns as high as 300 times their initial investments. The Telegram handle highlighted in the image below is used by a Sparkster admin who describes himself as the CEO. The investors also claim that the team didn’t make any progress with the underlying product. SPRK tokens were originally slated for release a month after the sale’s completion, but the project has repeatedly pushed back the token release date. Last week, the team announced that tokens would be released in late April. One of the unhappy investors is CryptoArnie, a London-based crypto personality. He explained investors became increasingly worried by the project’s lack of communication. “I know one person who invested $150,000, and another who put $25,000 into Sparkster,” Arnie said on the phone. “Now the team’s gone AWOL and people are calling for action.” Sparkster was pitched as a decentralized cloud network, which would allow users to write software without needing to code. Built on the Ethereum (ETH) platform, SPRK tokens are units of exchange for users to sell software ideas on an online marketplace. The project claims on its website that the Sparkster network is highly scalable, able to handle more than ten million transactions per second. Legal action Although Sparkster insists it will release investors’ tokens, many worry the value of the SPRK tokens will plummet as soon as they go onto the open market. Some want a refund. Messages seen by Crypto Briefing show that Daya offered to pay back investors. “If you paid in USD, we will refund you in USD,” he promised one investor. This was quickly refuted by another member of the team, “Sparkster hasn’t said anything about “refund.”” Many investors feel they are now at an impasse. Arnie explained he and three hundred other investors are in the process of putting together a collective-action to submit to the Financial Conduct Authority (FCA), the UK’s lead financial regulator. Authorities in the USA have already taken action against a handful of ICOs. The SEC ordered two projects, Paragon and Airtoken, to refund investors after they concluded both were unregistered securities sales, as Crypto Briefing reported at the time. The SEC took action because the Howey Test defines in no uncertain terms what classifies as a security under American law. But in the UK, and the EU more broadly, the legal framework is not so clear. The Directive on Markets in Financial Instruments (MiFiD 2) - which applies across the union - defines a security according to whether it was transferred on a secondary market, rather than on the nature of the investment itself. But London-based investors say they have a case; the lack of progress on the product means the sale was misleading, and they claim to be in discussions with multiple legal firms. The unprecedented nature of the matter could make it a “landmark case” in how UK authorities protect investors participating in crowdsales. “The FCA needs to protect investors,” Arnie said, “there has to be proper regulation of utility tokens.” The FCA declined to comment. Filing complaints Some investors have already started to take action. One investor who asked that we only used his first name, Joseph, said he had already filed a complaint with the FCA back in February. An Indian citizen, he doubted the project’s quality, but invested because, he said, ICO investor and influencer Ian Balina had “marketed” it. “I’m a software developer and knew it was a crap project as soon as I saw the code,” Joseph said. “I invested $2,000 because I trusted Ian, he was the one who persuaded me to invest.” Sparkster has confirmed that Balina invested in the token sale. In early June, Balina declared it was one of the best upcoming ICOs on the market - rating it with a 90% “Hall of Fame” label on his ICO spreadsheet. Although Sparkster released footage of Balina supporting their ICO at an event last May, he has strenuously denied claims that he was ever paid to promote the token sale. In a tweet that has since been deleted, Balina said, “I was never paid by Sparkster. I’m just a frustrated investor like everyone else.” Joseph believes that although his investment is small compared to many others, someone needed to put in a complaint with the FCA. Crypto Briefing reached out to Balina for comment but hadn’t received a reply by the time we went to press. What has Sparkster said? Sparkster has denied any allegations of wrongdoing. Daya has said he has been unable to communicate with investors because his mother is in a “critical condition” in hospital. In an Ask-Me-Anything (AMA) on Friday evening, Sh

9 hours ago

JP Morgan Exec: More Partnership Than Competition Between Banks and Crypto

A JP Morgan Chase executive has put forth an interesting compromise between cryptocurrency and the banking framework-two industries that have long been put at odds. Speaking in an interview with CNBC’s Squawk Box on Mar. 20, JP Morgan’s Global Head of eCommerce Solutions Ron Karpovich made the claim that there is “more partnership instead of competition” between existing financial establishments and what has often been viewed as a banking disruptive market in cryptocurrency. Karpovich’s comments for collaboration between the two industries comes just a month after his bank announced the development of the JPM Coin, a blockchain-based stablecoin that will function on J.P. Morgan’s internal payment network for clients. While some analysts at the time made the comparison to the role of XRP in Ripple’s payment protocol, Binance Research subsequently dispelled that notion. Instead, Binance’s team pointed out that JPM Coin will be limited in scope and more than likely only available for the use of JP Morgan clients as opposed to inter-bank operability. Nonetheless, Karpovich’s comments appear to give an indication of reaching across the aisle, with the executive contending that blockchain-based payments will increase the utility of JP Morgan transfers. However, he also goes on to claim that cryptocurrency innovators and entrepreneurs should avoid shunning the banking industry all together, and that they will have to rely upon banks to move funds. Karpovich told CNBC, “Ultimately behind the scenes, they [crypto innovators] are going to have to use a bank to move funds. There’s more partnership instead of competition in that space. When it comes to margins and capabilities — payments is never something that grows in margin, nobody wants to pay for a payment. That’s one of the hardest parts of this process: you have limited resources in the capability to sell, so you need highly efficient and large players.” The JP Morgan executive stressed the need for more efficient and cost-effective payments as the primary driver for innovation in the space of both banking fintech and blockchain-based cryptocurrencies. However, Karpovich finds blockchain somewhat poised to fade into the back-end of technology, as opposed to achieving mainstream adoption by forward-facing cryptocurrencies. In the case of the JPM Coin, blockchain makes up a component of the technology that will ultimately be used by clients without them directly engaging in the process, as some believe will propel the adoption of cryptocurrency. Karpovich also dispelled the idea that JP Morgan had contradicted its stance on crypto with the development of the JPM Coin, particularly given anti-Bitcoin comments from the bank’s CEO Jamie Dimon, “I think there’s a difference between trading a cryptocurrency that’s in the market that’s ubiquitous versus using the technology to enhance your payments infrastructure. We look at the technology as being a means to doing things faster and cheaper: every CEO would like to make things faster and cheaper. So from that standpoint I think it represents a buy into the concept of using blockchain.” Overall, Karpovich remains positive on the development of blockchain and blockchain-based payments as a field of interest for banks to develop upon. The post JP Morgan Exec: More Partnership Than Competition Between Banks and Crypto appeared first on Ethereum World News.

9 hours ago

Korean Giant Kakao Corp to Introduce Crypto Wallets Soon to 44 Million Users

South Korea has always been one of the nations where cryptocurrencies generate a strong enthusiasm in the population, and several major corporations are determined to exploit the full potential of blockchain technologies and their surrounding hype. Kakao Corp, one of the leading internet companies in the country, has demonstrated a growing interest in the use of cryptocurrencies and blockchain technologies. Recently, an article published by the Korean financial news portal FN News, the Asian giant is natively setting up a crypto wallet in its instant messaging application Kakao Talk. Kakao Friends: Little comics used in Kakao Talk Kakao: Getting Ahead of Its Competition With this decision, Kakao would be introducing about 44 million people (the reported number of users of the instant messaging platform) to the world of crypto coins. The portal explains that Kakao intends to make it possible for users to send money to each other quickly and easily: “All users of KakaoTalk will have a cryptocurrency wallet and will be able to send and receive crypto as easily as sending a KakaoTalk message. Although transacting in cryptocurrencies is easy for those who are used to the process, the possibility of doing it from within the messaging application itself with no prior configuration is something that millions of potential customers would appreciate. Kakao’s payment processing service is by no means small. According to information from ZDNetin 2018 alone, Kako Pay processed over 20 trillion Won in transactions (about 17.7 billion dollars). This strategy allows Kakao to place itself at the forefront of a service that is attracting a good part of significant competitors that also want to use cryptocurrencies and blockchain technologies to facilitate remittance of money via messaging applications. Giants like Facebook, Telegram, and even Naver are actively working on the development of crypto payment services. Kakao is Not Only Working on a Cryptocurrency Wallet. They Want To Build a Native Blockchain To Integrate All Kakao Services Kakao’s bet is much stronger. Not only do they expect to facilitate transactions with cryptocurrencies, but they are also working hard on a native blockchain which they hope to launch in mid-2019- The Klaytn project has already raised more than 90 Million dollars in the first round of a Private Coin Offering The community of crypto enthusiasts welcomed the plan with optimism. Heslin Kim, the South Korea-based CEO of BlockchainROK, commented to CCN that such initiatives could play an essential role in the future adoption of crypto by society: “Kakao is representative of South Korea, a country with over 55 million people. It embodies the fast paced, technology driven lifestyle that Koreans adopt so readily. It’s an app so deeply attached to what it means to be Korean.The fact that one of the most widely adopted apps, with over 95% market share, is publicly promoting and spreading blockchain/crypto is tremendous for mainstream adoption. Connect the dots with the market share and total population. With Samsung’s S10 and now Kakao’s wallet we can continuously expect Korea to be at the forefront of the DLT disruption.” The post Korean Giant Kakao Corp to Introduce Crypto Wallets Soon to 44 Million Users appeared first on Ethereum World News.

10 hours ago

Bitcoin (BTC) Going Mainstream, Accepted By a $4.7 Billion Company

Bitcoin Price steady, may rally Avnet now accepts Bitcoin via BitPay Participation low but demand picking up By collaborating with BitPay, Avnet now joins the likes of Microsoft and Dell as corporations accepting Bitcoin as payment. Regardless, Bitcoin (BTC) prices are steady and could close above $4,000. Bitcoin Price Analysis Fundamentals Based in Phoenix, Arizona and drawing $17.4 billion in revenue, Avnet—one of the largest electronic component distributors in the US and one of the most capitalized Fortune 500 Company has partnered with BitPay, a Bitcoin and Bitcoin Cash payment processor. Because of this tactical—and even profitable shift, Avnet is the third major corporation in the US to accept crypto payments after Microsoft and Dell. “When a customer elects to purchase with Bitcoin (BTC) or Bitcoin Cash (BCH), Avnet will work with BitPay to verify the funds, process the order and complete the transaction. Avnet and BitPay will also have the ability to manage and process cryptocurrency requests outside the US on a country-by-country basis.” In days ahead, the corporation will let their customers pay for services using cryptocurrencies in a move that reveals how the world if fast shifting from fiat and embracing a global and trusted alternative. Aside from immutability, the VP of Avnet, Sunny Trinh, pointed at several advantages tied to Bitcoin including cost saving and elimination of barriers common when rolling out products to the market. Besides, settling with Bitcoin is usually faster and safer than using traditional set-ups charging exorbitant fees. If anything, this has been on the writing for a while. Avnet has been working with Bitcoin.com as they create a secure crypto wallet as the tech-centric company prepares for a transition to cryptocurrency. Candlestick Arrangement Even though Bitcoin (BTC) prices are trending inside Mar 16 high low, bulls appear to be in control. It is easy to see why. Despite demand tapering in the last few days, prices are edging higher. At this pace, we expect a recovery of Feb 24 losses. That is mostly thanks to increasing demand and Bitcoin (BTC) prices rejecting lower lows as they align along the upper BB. Like in our previous BTC/USD trade plans, every dip should be a buying opportunity with reasonable targets at $4,500. Such is only possible if BTC is steady above $3,800—our breakout level now minor support. Technical Indicators Participation is low, and in the next few days, Mar 16 candlestick anchors our trade plan. It has been successful in holding price action in the last few days and has decent volumes—13k versus 7k. Dictated by candlestick arrangements, buyers will be in control if prices race above $4,200. As always, accompanying this move must be high volumes exceeding 13k thereby confirming bull pressure of Mar 5. The post Bitcoin (BTC) Going Mainstream, Accepted By a $4.7 Billion Company appeared first on NewsBTC.

10 hours ago

Switzerland’s Biggest Online Retailer Starts Accepting Payments in Bitcoin (BTC) and Altcoins

Digitec Galaxus AG, the biggest online retailer in Switzerland, has decided to enter the crypto space and has done so through the main door. In an official press release published on its website a few hours ago, the e-commerce giant announced that as of today, customers will be able to pay for their purchases with Bitcoin (BTC) and a significant number of altcoins: “As one of the first online shops in Switzerland, Digitec Galaxus now accepts cryptocurrencies: customers of the two online shops digitec and Galaxus can now use Bitcoin, Bitcoin Cash ABC, Bitcoin Cash SV, Ethereum, Ripple (XRP), Binance Coin, Litecoin, TRON, NEO or OmiseGO to pay for all purchases with a total of over CHF 200.- or more”. The firm was able to implement this new payment method thanks to a strategic alliance with the Swiss e-payments company Datatrans AG. This fintech, for its part, works together with Coinify (a crypto payment provider) to guarantee the instant conversion of crypto into traditional fiat currency. Crypto Payments: Innovation is Always Good For Business Despite not being wholly convinced of the advantages of blockchain technologies, Oliver Herren, Chief Innovation Officer at Digitec said that the company was willing to take that step a long time ago, but had to wait for the ecosystem to develop a bit to ensure a safe and innovative implementation: “We’ve been wanting to do this for ages, but the effort it would have required has just always been too big. Now we’ve found a simple solution with Datatrans and Coinify. Thanks to our very own engineering team Spectre, the implementation has been a relatively effortless and straightforward matter”. However, Claudio Schaad, leader of Team Spectre showed greater enthusiasm, explaining that the development team was really optimistic about the use of cryptocurrencies to expand their services: The question of the hour was: what was the coolest, most impactful project they could come up with? They found their answer in a half-attempted but finally abandoned agile initiative: cryptocurrencies. The mystery-mongers at Spectre laughed and said: this fits us like a glove” Mr. Herren explains that Digitec Galaxus AG would not be directly involved in the handling of cryptocurrencies. At the time of payment, customers send tokens that are immediately exchanged by Coinify into fiat, which is immediately transferred to the retailer. The process has a 15-minute payment window to minimize the risk associated with the volatility of the cryptocurrencies. The payment option is enabled for all the 2.7 million products available for purchase on both Digitec’s website - geared towards consumer electronics - and Galaxus - an online warehouse for the general public. The post Switzerland’s Biggest Online Retailer Starts Accepting Payments in Bitcoin (BTC) and Altcoins appeared first on Ethereum World News.

10 hours ago

Binance Reportedly Has Plans to Integrate Margin Trading, Sells BTC for Fiat in Australia

A Redditor reports that the world’s biggest crypto exchange may just plan to expand trading opportunities by offering margin trades in the future A while ago, a Redditor going by the name ‘enriquejr99’ who insists he is good at programming, published a post claiming he has spotted margin trading features on Binance API. Is Binance expanding its trading opportunities? The Redditor demonstrates a little of the code he found on the API documentation of Binance and analyzed it. However, he claims this code has not been enabled so far. Enriquejr99 says that for all Binance crypto pairs (over 480 of them) spot trading is enabled and margin trades are disabled. Still, he adds that the code he has found may be the sign that Binance is working on letting its customers conduct margin trades in the future. Despite other exchanges are doing their best to surpass Binance, the latter remains the most popular trading platform. Its community keeps increasing and Binance Coin, which is used on Binance Launchpad for token sales and by numerous partners too, is currently sitting on spot #7 on CoinMarketCap, being ahead of Tron (#10), Tether (#9) and XLM (#8). At press time, BNB is trading at $15.25. The Redditor believes that by offering margin trades Binance will attract even more customers and will significantly raise its profits. Its rival exchanges, such as OKEx and Bitfinex, are already benefiting from the market of margin trading which operates quite high volumes. The Binance CEO Changpeng Zhao seems ready to get a share of these profits for his exchange too. Setting fiat-to-crypto operations in Australia On Wednesday, Binance also announced that it has launched Binance Lite Australia platform. It allows ordinary people to buy Bitcoin in nearly 1,400 newsagents stores with Australian dollars. In the future, the exchange intends to add other fiat currencies to this service, apart from AUD, as well as offer a wider choice of crypto coins to buy. By this move, Binance hopes to accelerate mass crypto adoption in Australia. This is not the first time, the crypto exchange is offering locals to embrace crypto. In autumn 2018, it was reported that Binance had struck a partnership with an Australian startup TravelbyBit, investing $2.5 mln. TravelbyBit offers POS in airports around the world and in Australia itself, allowing people to convert BTC and ETH into fiat or pay for services directly with crypto. In the future, the company plans to add BNB to their terminals too. The post Binance Reportedly Has Plans to Integrate Margin Trading, Sells BTC for Fiat in Australia appeared first on Ethereum World News.

11 hours ago

North Korean Revolutionaries Turn to Crypto to Oust Kim Jong-un

An organized dissident revolutionary group calling itself Cheollima Civil Defense is actively working to overthrow Kim Jong-un and the government of North Korea. The group has announced that they will be selling visas to the new country beginning Sunday, and supporters can pay with the Ethereum cryptocurrency. The price is one ether for the first 1,000 visas, which will be issued via the blockchain. Two hundred thousand passes will be granted using the blockchain. The official site doesn’t say what the per-visa cost will be once 1,000 have been issued. The South China Morning Post, which first reported on the The post North Korean Revolutionaries Turn to Crypto to Oust Kim Jong-un appeared first on CCN

11 hours ago

North Korean Dissidents are Using Crypto to Overthrow Kim Jong-un

An organized dissident revolutionary group calling itself Cheollima Civil Defense is actively working to overthrow Kim Jong-un and the government of North Korea. The group has announced that they will be selling visas to the new country beginning Sunday, and supporters can pay with the Ethereum cryptocurrency. The price is one ether for the first 1,000 visas, which will be issued via the...

11 hours ago

People Are Paying Bitcoin to Send Weird and Wild Messages Into Space

You’re not sure where it will end up exactly or who will actually read it. But you type up a message, pay a couple of cents in bitcoin and click the “send” button. Your message zips through space - yes, space - then is broadcast out of a satellite, blanketing the world. The result? A

11 hours ago

A Lightning API for Bitcoin Futures Data Has Launched

An experimental service that allows users to pay for futures data from exchanges Kraken and BitMEX via the lightning network is now live.

11 hours ago

Crypto Payment Card to Be Launched by Banking Platform: XRP, XLM, BTC Supported

A banking startup is about to launch a debit card which crypto enthusiasts will be able to use to pay for goods with crypto

11 hours ago

Bitcoin Technical Analysis BTC/USD March 2019 - Bitcoin Price Prediction

Introduction Recently in the news with CNBC, Tom Lee an analyst with Fundstrat makes a projection towards the future Bitcoin price dynamics, using the MA-200 and a sustained price above the $4000 level as a reference point for future bullish breakout. He further mentioned that it may take five to six months before a bullish trend can be confirmed. Join us as we analyze the patterns that we consider to be significant for a bullish trend recovery, as well as the critical support and resistance levels of the BTCUSD pair. Let’s see what are the most possible bitcoin price predictions. Technical Analysis BTCUSD: Monthly Chart In this technical analysis we pay a lot of emphasis to accumulation patterns. These patterns indicate levels where selling and buying pressures are highest from which there’s a high probability of price continuation in the direction of the pattern. On the other hand, a price close beyond the critical support or resistance levels of the pattern highlights increased volatility and a highly probable change in trend direction. The double accumulation patterns indicate a higher bullish or bearish pressure as seen on 01 May to 01 June 2017, and 01 September to 01 October 2018. Most recently on the monthly chart is the double bearish accumulation pattern on 01 December 2018 to 01 January 2019. These patterns leave critical resistance and support levels at 19891.0, 7788.0, 4384.0, and 1826.2 respectively. BTCUSD: Weekly Chart After breaking through the bearish accumulation resistance on December 17 ’18, the crypto giant transitions into a bullish trend with stable support established at $3223.4. The swift rush in bullish volatility lost momentum and was unable to exceed the $3223.4 support level before continuing the upward trend, reinforced by a bullish accumulation on February 25 ’19. BTCUSD: Daily Chart Proceeding from a daily chart outlook, a failure of bearish accumulation resistance was established on January 30 ’19, and February 08 ’19offers a better and low-risk entry compared to the weekly chart. Both breakout points left strong support levels behind at $3422.0 and $3405.3 with a 21% and 14.8% price gain respectively. BTCUSD: 4-HOUR Chart Making reference to the 4hour chart above, Bitcoin price plummets by 3.11% for a short selling opportunity, as against a 1.0% risk after a close below the double bullish accumulation support on March 03 ’19. Later on March 05 ’19, an opposite breakout of double bearish accumulation was triggered resulting in a 9.1% price increase of the BTC. Recently on March 16 ’19 12:00 a breakdown of bullish pressure is triggered, indicating a pullback in the current bullish trend. BTCUSD: 2-HOUR Chart The 2hour time frame started off on 06 March ’19 06:00 by triggering a breakout of bearish accumulation. The price chart from this short time horizon shows huge price whipsaw, left support at 3850.0, after which the trend resumed a bullish swing. On 09 March ’19 16:00, the bulls failed to a collapse of bullish accumulation and later a bearish fakey pattern on 11 March ’19 04:00. Both landing a 2.54% gain for a short sell trade. A bullish engulfing pattern on 12 March ’19 04:00 and Bullish accumulation pattern on 14 March ’19 14:00 got price prepared for a 5.43% increase to a 2.15% risk. Critical Resistance Levels of Bitcoin (BTC) 4-Hour 4167.3, 4113.2 Daily 4282.4 Weekly 4384.0 Monthly 4384.0, 4218.0 Critical Support Levels of Bitcoin (BTC) 4-Hour 3944.6, 3869.2, 3850.1, 3787.4, 3767.5 Daily 3948.4, 3936.0, 3767.0, 3631.0, 3422.0, 3405.3 Weekly 3773.3, 3223.4 Monthly 3215.2, 3003.0, 1826.2 Conclusion and Projection One of two scenarios will have to hold for us to see a switch in trend from bullish to bearish. Firstly, a price close above the monthly charts critical resistance level of 4384.0 will give a decisive confirmation of the switch to a bullish trend. Secondly, if the current month (March) close bullish within the high-low range of February, a bullish accumulation pattern is triggered, also confirming a transition from bearish to a bullish trend. This article was provided by Cryptocointrade. Cryptocointrade is an informational source for crypto trading. They publish crypto trading platform reviews, crypto trading bots’ comparisons and information regarding crypto trading education. In addition, they have three different blogs, crypto technical analysis, crypto fundamental analysis and general trading blog. Both crypto trading beginners and more experienced crypto traders will find valuable information on Cryptocointrade. The post Bitcoin Technical Analysis BTC/USD March 2019 - Bitcoin Price Prediction appeared first on Zerocrypted - Your Daily Cryptocurrency News, Guides And More.

11 hours ago

How To Earn Small Amounts Of Bitcoin

The emergence of cryptocurrencies has brought about different means of earning money from the digital currency sector. Individuals are looking for ways to earn online from the ever-expanding industry. Most specifically, people are working for Bitcoin. Earning Bitcoin online is a mutual engagement. You will need to invest your time or knowledge before you can earn any money. If you’re interesting in earning cryptocurrency that you can swap for Bitcoin, you can check out article about earning cryptocurrency. Below are various ways to earn money through Bitcoin. Note that some means involve minimal efforts while others are demanding. Online Bitcoin earning majorly depends on the level of your input. However, it is paramount you have some knowledge about the cryptocurrency industry for you to make money. Here are some of the best ways to earn Bitcoin online. Paid-to-Click Websites Paid-to-Click websites fall under the micro jobs for Bitcoins earnings. This model pays users in Bitcoin for visiting or viewing certain advertisements. The web has dozens of PTC websites that pay a small amount of Bitcoin for visiting the platforms. The leading platform is Ads4BTC. Under this website, users can view ads for 5 seconds, 10 seconds or 20 seconds. The fees awarded is based on the amount allocated to viewing adverts. Daily earnings can be less than $10 per day hence not lucrative. Bitcoin Faucets Bitcoin faucets also fall under the miro Bitcoin earnings. This is a form of a website that pays small amounts of Bitcoin to its users, with owners making money by placing ads on their website. Individuals who view the ads or complete surveys get paid in Bitcoins. For Bitcoin-related websites, this is one of the biggest source of traffic amounting to 50%. Faucets let visitors earn a certain percentage of the Bitcoin that they give away to any visitors referred. Users are currently deploying a Bitcoin faucet rotator that allows them to quickly surf different faucets and earn a commission through the rotation. Bitcoin Content Writing This mode of earning is for those willing to share their knowledge about Bitcoin. We have different online platforms that pay for producing content related Bitcoin and the crypto sector in general. To become a good writer in this field, you need to be knowledgable and passionate about the crypto sector. Your Bitcoin earnings will depend on your level of expertise. With more experience, you can make a decent living for just sharing knowledge. BitcoinTalk Signature Campaigns Bitcoin Talk Forum is another lucrative avenue for earning Bitcoin online. The platform has the signature campaign for users to write posts including product campaign in the signature. The payment on Bitcoin Talk signature varies depending on a user’s membership level. The lowly-ranked members receive the least amount of Bitcoin compared to veteran members. Note that to become a full-time member on the platform, you need to have at least 120 published posts. All campaigns are determined by factors like the word limit and weekly posts. Based on the quality of your post you can earn about $50-100 for 24 hours of work, exclusive of the posts needed to obtain full membership to the forum. Additionally, through Bitcoin Talk, you can earn through bounties offered by various cryptocurrency firms. You perform tasks like blogging and social media posting. Your pay will be determined by the number of followers. Such campaigns usually occur when a firm is running an ICO. In this case, payments are only made after the ICO is over. Bitcoin Mining Mining is among the oldest form of earning Bitcoins in rewards. At the start, mining was easy and very lucrative. Pioneer miners made lucrative earning through mining. Mining has evolved over the years and now you can use computer programmes. In this case, mining is done by utilizing a computer’s processing power. As the years went by, the value of Bitcoin increased which related to high profits. In the current age, Bitcoin mining is a bit hard as it requires more processing power and it is more profitable with specialized equipment. Furthermore, Bitcoin mining involves a lot of electricity. As a result, profitable mining is being done by major companies in regions with cheap electricity. Affiliate Marketing If you own a blog tackling cryptocurrencies, you can monetize it and earn in Bitcoins. Under this model, you earn a commission for each referral for the Bitcoin business you have partnered with. Note that with high traffic on your blog, the higher the earnings. Through affiliate marketing, you can also sell a product related to the Bitcoin business. Provide Bitcoin-related Services If you have technical knowledge in cryptocurrencies, then your expertise can be a source of income. The cryptocurrency sector has a number of opportunities that involve development. Most companies are startups and have limited infrastructure and they are in dire need of experts in software development, web

11 hours ago

On BIP 157, Neutrino, and the Light Lightning Client

There are plenty of reasons why the Lightning Network is great and is considered one of the best things that happened to Bitcoin in years. First of all, “unfairly cheap”, instant, and more private transactions are finally possible in a scalable way. Secondly, riding the Lightning also requires running a Bitcoin node, which strengthens the security of the network and creates a greater incentive to keep the device running. Thirdly, running the said node finally pays, as routing payments through your channels adds small amounts of satoshis to your wallet. This may not be much yet, but in the future it can at least cover the electricity costs. However, the onboarding delay is still pretty inconvenient for many users, as the amount of time required to synchronize a full node is a deterrent factor that may stand in the way of efficiency. The risk of this conservative model is that newbies will simply use custodial wallet solutions like Tippin.me, Wallet of Satoshi, or Bitrefill’s rented channel opening. As opposed to waiting for longer than a day for a computer to synchronize the entire Bitcoin blockchain (which is as large as 209 gigabytes at press time), impatient users will simply take the shortcut and think that they’re using the Lightning Network while actually accessing the services of a centralized company. Read more: On reducing the Bitcoin block size to 300kb In this context, Node Launcher lead developer Pierre Rochard expressed his advocacy for BIP 137 and its merging into the Bitcoin Core client. With this addition, users will be able to operate non-custodial Lightning wallets in a matter of seconds, and then experience the truly fast nature of the network. It also enables a convenient way of running clients on mobile devices, which has the potential to exponentially increase adoption. On the other hand, there are vocal critics who remain conservative and express concerns on the incentive model and security. What is BIP 157? In a nutshell, BIP 157 (officially titled “Client Side Block Filtering”) is a 2017 research project conducted by Bitcoin developers Olaoluwa Osuntokun, Alex Akselrod, and Jim Posen. It seeks to improve upon the light client model introduced in BIP 37 and removes many of the security concerns associated with Mike Hearn’s previous work. Unlike previous attempts, this proposed implementation is more robust and requires a lower amount of trust. For context, CoinJoin light wallet implementation, Wasabi Wallet, also uses BIP 157 in order to facilitate a secure, private, and trustworthy way of mixing your bitcoins that doesn’t require downloading the entire blockchain. While the developers of Wasabi did include a way for the client to get connected to the user’s full node, the operation is not necessary and can be regarded as an extra step for precaution. Read more: Going off the chain! Now, one can argue that there is a big difference between intending to onboard millions of people on the Lightning Network through a light client, and serving the few thousands who want to increase the fungibility of their coins. There is an issue of scale, and the biggest problem that may emerge concerns the idea of running a node: why would anyone consume electricity and make use of over 200 gigabytes of storage when the shortcut is way more accessible? Neutrino, despite being a potential trigger of mainstream adoption, is problematic for the incentive system. Also, as the next section is about to present, some bitcoiners are concerned about the security model too and suggest that every light client should ideally be accompanied by a full node - so you ride the Lightning within minutes, but at the same time leave your computer on to finish synchronization for the sake of your security. The pros and cons of Neutrino-enabled light wallets Node Launcher lead engineer Pierre Rochard stands out as the most vocal of BIP 157 advocates, and he seems to be convinced that Lightning should live up to its name from the first minute. A Neutrino-enabled light wallet would turn the sync days into mere minutes, which means that mainstream adoption can potentially become a rapid and feasible phenomenon. With the right user experience and enough applications published on all major app stores, Lightning might really take off. In regards to the issue of bypassing the full node requirement, Mr. Rochard presents BIP 157 as a preliminary method or “gateway drug”. Essentially, the implementation is all about convenience and the first contact with the technology, so anyone can test Lightning and see its capabilities without the initial long sync-driven delay. At a later point, a full node can be engaged to complete all security requirements. With the Node Launcher, there's no tradeoff with decentralization, as LND uses #BIP157 for rapid on-boarding while your Bitcoin full node takes hours/days/weeks to sync in the background. Once your Bitcoin full node is ready, #BIP157 usage stops and you use your Bitcoin full node — Pie

11 hours ago

Biggest Online Retailer In Switzerland with a Revenue of Almost $1 Billion, Now Accepting Payments in BTC, ETH, XRP, TRX, BCH, LTC, BNB

The largest online retailer in Switzerland Digitec announced it is going to start accepting digital assets for payment on its platform. The company stated that they will be receiving payment for all their 2.7 million products in cryptocurrencies like Bitcoin, Ethereum, Bitcoin Cash, XRP, Binance Coin (BNB), Litecoin, Tron, OmiseGo, NEO and Bitcoin SV. These cryptos would be used as payment for its numerous products which ranges from beverages to gaming accessories at a minimum amount of 200 CHF. As one of the first online shops in Switzerland, Digitec Galaxus now accepts cryptocurrencies: customers of the two online shops digitec and Galaxus can now use Bitcoin Cash ABC, Bitcoin Cash SV, Ethereum, Ripple, Binance Coin, Litecoin, TRON, NEO or OmiseGO to pay for all purchases with a total of over CHF 200.- or more. According to the report, this initiative was developed in conjunction with a Swiss payment processor, Datatrans and a Danish payment processing startup Coinify. The system allows customers 15 minutes of processing as payment is made and converted to fiat at a fee of 1.5 percent to avoid a violation. The process of making payment with cryptocurrency on the eCommerce store is as simple as a customer choosing cryptocurrency as a payment option while checking out. The customer will be redirected to the Coinify website to select preferred payment crypto, he will receive a conversion rate with payment details in a text or RD code for 15 minutes. After completion of the transaction with the information received, Coinify will confirm payment within few minutes before Digital Galaxus processes customer’s order. According to a report, Digitec Galxus choose to adopt cryptocurrency in an effort to reach a greater customer base which is the younger generation. And also update their business level and improve public assessment. Oliver Herren, CIO, and co-founder of Digitec Galaxus Said, Cryptocurrencies are fascinating and likely to become a relevant means of payment in e-commerce - we want to support this development, The post Biggest Online Retailer In Switzerland with a Revenue of Almost $1 Billion, Now Accepting Payments in BTC, ETH, XRP, TRX, BCH, LTC, BNB appeared first on ZyCrypto.

11 hours ago

Binance Announces Australia Fiat Onramp

Binance, the world’s leading cryptocurrency exchange by volume, has just announced a new offering in the Land Down Under. As cryptocurrency adoption is expanding in Australia, specifically with the launch of over 30,000 crypto friendly ATM’s, Binance Lite Australia will now provide a new way for the continent’s citizens to quickly and conveniently access cryptocurrencies. The service aims to be the easiest way for Australians to buy bitcoins at Newsagents in over 1300 locations nationally. At launch, Binance Lite will only provide support for Bitcoin with cash (AUD), though it eventually plans to expand access to other cryptocurrencies and other fiat purchasing options. Increased alternatives for users to buy cryptocurrencies means increased liquidity for the markets in general, says Binance CTO Wei Zhou. Wei said: “We are excited to continue to roll out more fiat to crypto gateways around the world to support the growth of our industry. Australia has been at the forefront of blockchain innovation and we hope Binance Lite Australia can play a role to further this cause.” This new on-ramp is not Binance’s only new addition, and the exchange has made a sustained push to add new perks and options. Through partnership with Simplex, the exchange opened the gateway for its millions of users to use their credit cards to buy several cryptocurrencies seamlessly online. Prior to that, Binance made XRP its newest base pair, a significant move at a time in which the token either didn’t have base pair status on major exchanges, or simply hadn’t been listed at all. And with the development of Binance DEX, the platform’s upcoming secure decentralized exchange, and Binance.je a specialized fiat-to-crypto channel for Euros and British pounds, Binance appears determined to demonstrate commitment to its customers. Binance continues to cultivate solutions for its Australian market, with a $2.5 million USD investment in TravelbyBit, a blockchain-based travel startup enabling users to pay for travel related fees and services using BTC and Binance Coin (BNB). As the cryptocurrency space matures, Binance’s philosophy of strategic developments, centered on customer-first mass adoption, may prove that the exchange’s meteoric rise and subsequent success was no fluke. The author is invested in digital assets including BTC, and XRP which are both mentioned in this article. Join the conversation on Telegram and Twitter! The post Binance Announces Australia Fiat Onramp appeared first on Crypto Briefing.

11 hours ago

Switzerland’s Biggest E-Commerce Retailer Accepting Bitcoin Payment for 2.7 Million Products

As crypto awareness widens across the globe, major market players began accepting it as a means of payment. Switzerland’s largest online retailer, Digitec Galaxus has announced to accept the Bitcoin and other cryptocurrencies for about 2.7 million products. Crypto Payment on Rising Digitec Galaxus AG is reportedly a big believer in emerging technology - thereby kick-started with accepting other cryptocurrencies beside Bitcoin. Per the announcement, the platform is enabling its customers to use Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Bitcoin SV (BSV), Litecoin (LTC), Binance Coin (BNB), NEO (NEO), TRON (TRX), OmiseGo (OMG) when buying any product from its store. The announcement is a result of the new payment system recently developed by its software team called Team Specter. Consequently, all transactions will be made via Coinify, a Danish crypto payment processor - in conjunction with Datatrans AG, a Swiss e-payment specialist. It is, however, a pilot project by the team. “Cryptocurrencies are fascinating and could become a relevant means of payment in e-commerce. We would like to support this development,” says Oliver Herren, Digitec co-founder, and Chief Innovation Officer. “We wanted to do that for a long time, but the effort was too long for a long time.” Switzerland’s quick consent to crypto and tech emerging trends made it as the ‘new crypto hub’. According to the reports, the system of the payment will remain open only for 15 minute time which completes all the payment with 1.5 percent fee - resulting in the stable exchange rate within this 15 minute time window. Means that the checkout page of crypto payment will be redirected to Coinify website which helps you pay via cryptocurrency for the products purchased from Digitec Galaxus. With the budding interest in online shopping among web users, E-commerce or online shopping stores are increasing at a rapid pace. Acceptance of cryptocurrency payment among these platforms will eventually increase the awareness of decentralized payment across the globe and subsequently enable users to access a new way of payment beyond bank transfer. Addressing the reason behind company’s quick acceptance of crypto, Oliver Herren explains that; Because you have some and you want to use them. Or because you cannot turn them into real money because your bank does not accept it. Or maybe just because you can and like to try new things. As noted, the initiative is a pilot project and will be available only to the residents of Switzerland or the Swiss customers at the initial stage. Upon the successful implementation, Digitec Galaxus is aiming to extend crypto adoption across Germany as well. The post Switzerland’s Biggest E-Commerce Retailer Accepting Bitcoin Payment for 2.7 Million Products appeared first on Coingape.

11 hours ago

FunFair Makes ‘Fun’ and ‘Fair’ Gaming Possible With Its Blockchain Solutions

In the world of gambling, “house edge” revolves around one simple principle. Over time, the casino, or “house,” will gain a mathematical advantage over their players or a greater chance to win more often than their patrons, hence the saying - “The House Always Wins.” Obviously, this is no great revelation, and casino players and those who enjoy gambling know that this is par for the course in any and all major casinos. However, what is not known with any great degree of confidence, even if the casino reports it, is the house edge that an online casino operator truly has over its players. Although the majority of casino operators act honestly, there are those who game the system; rigging the odds in their favor by tampering with the randomness of game outcomes. Stefan Kovach, CCO of FunFair But there’s one UK based company whose proprietary technology promises to bring an end to the era of unfair online gambling, and they’re on a crusade to bring fun, fair and transparent gaming to casinos and players worldwide - the aptly named FunFair. Blokt caught up with Stefan Kovach, CCO of FunFair, to talk about their latest developments, the outlook for the future, and how they identified a need for provably fair gaming. Founding FunFair Technologies Co-founded in 2017 by Jez San, the gaming industry veteran behind 3D poker site PKR.com, experienced developer Oli Hopton, and long-time technology manager Jeremy Longley, FunFair is a live blockchain casino platform which solves many of the randomness issues which are currently rife in the gambling industry. San was awarded an OBE for his services to the British tech industry, and has a long history of innovating in the technology sector, helping to develop the very first 3D graphics chip which made the development of the classic Nintendo game Star Fox possible; after which he moved into gaming, and eventually into the world of decentralized technology. Kovach remarked that: “Our three innovative co-founders launched FunFair with the culmination of its successful ICO in 2017, after which our team grew quickly as the project moved from a technical proof of concept, to a viable, commercially-minded operation. We now have a team of around 40, with varied and deep backgrounds from within the gambling, decentralised tech and video gaming industries.” FunFair was founded around two principles, fun and fairness, and the FunFair team are using blockchain to bring players provably fair and premium gaming experience. What Is Provably Fair Gaming, and Why Is It Needed? As we briefly discussed in our introduction, certain aspects of online gambling take place behind closed doors. Operators who don’t play by the rules could be intentionally changing the odds in their favor, and realistically, for the average Joe gamer, this would be incredibly hard to prove. Kovach explains: “Players get a raw deal with certain casinos. The nature of igaming revolves around private remote game servers, a black box in the control of the house that players must trust to return random numbers. Although most do not, there is a public perception that many operators fiddle with randomness and often exit scam with players’ funds, while it’s clear that too many hold on to players funds for far too long.” Likewise, players must trust that online casinos are enacting the correct custody of their funds. For example, an online poker player who wishes to stake $10,000 during a game must trust that the casino will adequately protect their large lump sum deposit. More importantly, the player has to be confident in the knowledge that if they win, the online casino will pay out their winnings in full and on time. Although larger gaming operators are less likely to engage in nefarious activities due to their frequent auditing and reporting requirements; less well-regulated gaming sites may take the opportunity to defraud players, knowing they’re unlikely to be exposed. However, this isn’t just an issue for casino players. For honest small gaming operators out there, it’s difficult to attract and keep new players, who feel they may have a fairer experience with a larger operator. Blockchain, due to its immutable and open source nature, offers transparent and auditable code, as well as funding custody services which are always in the players’ control. This gives players “provably fair” gaming solutions. Typically, blockchain solutions have encountered problems with scalability - in short, the ability to process many hundreds or thousands of transactions in a short space of time, an integral feature for online casino operators. As it happens, FunFair has a solution for that too. Leaving It to Fate? FunFair solves blockchain scaling for gaming scenarios through its proprietary “fate channel” technology, a key feature of FunFair’s technology stack. But FunFair hasn’t left anything to fate, here’s how fate channels and their native FUN token work, and what they solve. How Do Fate Channels Work? Asked why fate channels a

11 hours ago

BitcoinNews.com Bitcoin Market Analysis 17th March 2019

Buyers are approaching the liquid zone, in which sellers with great desire begin to sell. When the price touched the trend line, the volumes increased and the pins appeared. Also, this price zone coincides with the upper trend line of the triangle, where the price is traded from November 2018. One more week ended where the buyers decided to check the strength of the sellers. The whole week, the price was traded under the level of $3,988 and buyers did not have enough strength to stay above this level. However, the sellers did not try to continue to fall. From Friday, buyers still managed to break through the local level and test the upper trend line of the triangle. How did this happen? The breakdown of the level was on small volumes. After the breakthrough, the sellers did not try to bring this level under control. It is perfectly visible on the volumes of a red candle below the price of $3,988: This fact seems suspicious to us, since buyers have not been able to break through this level for a whole month, and on 15 March, they have made it without obstacles. The main volume of this week was recorded on 16 March in the process of testing the upper trend line of the triangle. Let’s consider the situation on the 15-minute timeframe: The increased volumes did not give the final result to buyers and the trend line was not broken. Also, taking into account the pins on increased volumes, we can conclude that most of these volumes were formed by sellers who locally unrolled the price from the trend line. Therefore, given the nature of the movement and the quantity of volumes this week, we think that the probability of breaking the triangle upwards and continuation of a strong rapid growth remains unlikely. If we analyze how, during four months starting from November, buyers are trying to build their attacks, it becomes clear that every subsequent attack grows weaker: Pay attention, how aggressiveness and volumes are decreasing during each growth attempt. The impression is that sellers are simply exhausting buyers before a new fall wave. This is another fact in favor of sellers. Marginal positions of buyers decreased this week. However, at the moment of the test of the trend line, the buyers believed in the chance of breaking the triangle up and began to open their positions emotionally, after which it would be equally emotional to close them: Sellers have been increasing their positions for the second week in succession. This happens on the growth of the coin. This testifies to their confidence that the fall will still continue: According to the wave analysis, globally, the wave Y continues to form now. At the price of $4,360, the wave W = Y * 0.5. Now the price is under this level. And if buyers can not break through this price, then the global prospect of continuing the fall will be up to $2,650: Therefore, until buyers aren’t acting with increased volumes and a positive mood, we will not believe in the future of the change in the annual fall trend and in the best case, expect the continuation of consolidation within the triangle maximum until the beginning of April. 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. About the Author: Peter Oleshchuk is a trader and technical analyst. He has spent two years studying and analyzing the crypto market. Image Courtesy: Bitcoin News The post BitcoinNews.com Bitcoin Market Analysis 17th March 2019 appeared first on BitcoinNews.com.

11 hours ago

PR: Trading Ideas, Multicharts, and Live Widgets - SimpleFX Promotes New Features With Lower Spreads

Bitcoin Press Release: Online digital broker and trading platform SimpleFX has announced the launch of new features, including ‘Trading Ideas’, Multicharts and Live Widgets. March 19th, 2019, St. Vincent and the Grenadines - Multi-currency and cryptocurrency Web trader platform SimpleFX has just added three groundbreaking new features to its award-winning WebTrader and promotes the improvements with a “March Madness” offer. For the whole month, traders can earn $500 with a 20% spread cashback. The fast-growing broker with over 200,000 active traders worldwide aims at being the go-to app for the new generation of mobile-first traders. SimpleFX new features, Trading Ideas, Multi-charts and Live Widgets are all designed to fit the needs of the growing social trading community. The broker introduces useful tools for linking beginner traders with influencers, who can now mentor their followers earning recognition and up to 25% revenue share. Empowering The Community With SimpleFX Trading Ideas Trading Ideas is a captivating social trading feature that allows the users to share their opinion on cryptocurrency, stock or forex trends, educate beginners as well as gain community appreciation and earn lifetime revenue share through the Unilink.io affiliate program. SimpleFX users can create a Trading Idea in just a few clicks - making a snapshot of their chart analysis, adding a comment and sharing it inside the app, in social media or through any other channels. Each Trading Idea carries the user’s referral link that will track the registrations and trades to pay out the lifetime revenue share. Engaging the network of followers is a common challenge for affiliates in the FinTech sector. The registration on SimpleFX is free and there are no minimum deposits, so it’s very easy to gather a substantial number of followers. Teaching them how to trade and make profitable orders is more difficult. SimpleFX affiliate partners can make big, successful trades with Trading Ideas. This feature will also help SimpleFX traders make earn a revenue share, and share / direct instructions and tips. A beginner can follow profiles of the users that provide valuable advice. Free Quality Content For Publishers, Bloggers, and Influencers SimpleFX Live Quotes and Charts Widgets are other tools promoted with the “March Madness” offer. Publishers, bloggers, and influencers can create unique content in just a few clicks. SimpleFX has released five new widgets - Market Overview, Live Quotes, Live Quotes Bar, Intraday Chart, and Currency Converter. They are fully customizable. The publishers and bloggers can pick the symbols they want to present to match their site’s content, as well as the widget’s layout, size, and style to match their website design. Each time a new SimpleFX user registers after clicking a widget, the new account will be linked with the website owner’s Unilink.io profile. The publisher will get up to 25% lifetime revenue share from any transaction spread ever generated by the new SimpleFX customer. Both the Widgets and Trading Ideas are available in the Unilink.io affiliate manager dashboard. Introducing An Easy Multitasking Feature Multicharts are the third new addition by SimpleFX. Although the broker acknowledges that mobile trading is the future, the app designers are working to improve the experience of desktop and laptop traders. The goal is to maintain SimpleFX WebTrader as a multiplatform tool fit for every screen and context. The Multicharts feature allows splitting the main section of the app into two, three, four or even six windows. Each one can be configured to show a different symbol, timeframe, or chart type. If you need a fast and reliable trading app with 1:500 leverage the “March Madness” promo a great opportunity to give SimpleFX.com a try. Start trading today and make the most of the 20% lower spreads. Media Contact Details Contact Name: SimpleFX Ltd. Contact Email: partnership@simplefx.com Visit the SimpleFX Official Site - https://simplefx.com Follow SimpleFX on Facebook - https://www.facebook.com/simplefxltd Find SimpleFX on Twitter - https://twitter.com/SimpleFXcom Find SimpleFX on Telegram https://t.me/SimpleFX_Blog Find SimpleFX on Steemit https://steemit.com/@simplefxblog Find SimpleFX on Medium https://medium.com/@affiliates_1463 Find SimpleFX on Instagram https://www.instagram.com/simplefxcom/ Read more on SimpleFX Blog https://blog.simplefx.com/ Download the SimpleFX App for iOS devices - https://simplefx.com/ios Download the SimpleFX App for Android devices - https://play.google.com/store/apps/details?id=com.simplefx.app Watch a SimpleFX YouTube video - https://www.youtube.com/channel/UCsBdrL2JIv4KxhjM2Gw5ccw Simple FX is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of stable value, or of any v

11 hours ago

PR: Midas Protocol Integrates with Kyber Network and IDEX to Create Universal Wallet

Bitcoin Press Release: Midas Protocol, a universal wallet is bringing accessibility and security for all its users in the blockchain sphere. March 18th, 2019, Singapore - At the heart of Midas ecosystem, Midas Protocol is a universal wallet created for everyone, from new users to experts. It aims to be the most innovative wallet for all essential crypto needs, from safekeeping, intelligent trading and portfolio management. Over the past years, growing a strong ecosystem has increasingly been targeted by many firms’ as one of their priorities, regardless of the industry they belong in. Developing a robust ecosystem within industries focused on the use of blockchain technology is therefore not much of a diversion from the direction all other businesses are taking. The Midas ecosystem‘s concept lies in utilizing a collection of tools and platforms with a single aim to help people trade, invest and promote wise and secure use of cryptocurrency. Available on both iOS & Android, Midas wallet supports multiple blockchains such as BTC, ETH, USDT, NEO, TUSD, TVND, TOMO, ZCOIN, MAS, DIVI various ERC-20s, NEP5, TRC-20 tokens, and counting. The wallet has also integrated with Kyber Network and IDEX for hassle-free in-app trading directly from a mobile wallet with over 500 tokens; integrated with Vinex Network for trading through API. It has a built-in dApp browser that runs seamlessly with deep-link and address book for convenience use. The most important and essential part of Midas infrastructure is the secure and user-friendly multi-coin wallet that gives users the ability to: Run on all major platforms: Mobile (both iOS & Android), Desktop & Web (coming soon) Safely store various type of cryptocurrencies Safely send coins and tokens to friends and contacts. Safely connect and spend cryptocurrencies on any E-commerce platform that accept crypto payment directly or via a crypto payment service provider. Safely and directly trade with decentralized exchanges without sending private key to any external party Safely and directly trade with centralized exchanges without sending API key to any third party Monitor and manage their portfolio: how it changes over time, and historical transactions/trades in details Get notified when important crypto news release or when a cryptocurrency in user’s portfolio change substantially or trades get executed Get rewards with high-performance ROI portfolio Subscribe, follow, copy trade strategies from top investors/traders For better security, the data file that contains private keys and API keys is encrypted by a user’s password, therefore user’s data & private key are protected from thieves. Midas has also partnered with Sentinel Protocol to integrate Midas Wallet to Sentinel Protocol’s Interactive Cooperation Framework (ICF) API with Threat Reputation Database (TRDB), which contains Security Intelligence Whitelists and Blacklists detailing confirmed IOC’s of threats related to phishing, malware, hacks, and scams. Midas Protocol has joined some of the world’s leading wallets and exchanges  as a member of the Foundation for Interwallet Operability (FIO). Alongside Midas wallet is a crypto exchange - Vinex.Network, another key pillar of the ecosystem. The dynamic and fast growing exchange has listed many highly sought-after coins & tokens. It has also been featured on Coingecko recently. Essentially, Vinex.Network exchange offers: High performance trading: the capability to process 500,000 orders per second Extensive APIs: Support 3rd-party trading platforms and algorithmic trading bot 24/7 support Mobile support Staking reward ( $DIVI & more coins adding soon) Airdrop center OTC support Leaderboard as Social Trading Functionality Other features are underway In parallel with their core development, Midas is also working with various partners to offer a range of new additions to their ecosystem: A stablecoin for Vietnam market: TrueVND (http://www.truevnd.com), listed on Vinex.Network, IDEX, Tokenomy and a peer-2-peer TVND exchange (http://www.tvnd.market) TomoDice (http://www.tomodice.com) and McashDice (http://www.mcashdice.com): gaming platform dApp that run flawlessly from Midas dApp browser. TomoBowl (http://www.tomobowl.com): A social gaming arena where players can play directly against each other or in a group. Tomobowl will be a dApp fully integrated into Midas wallet. Tomovatar (integrated in Tomobowl): a set of avatar that can be used on Tomobowl, Tomodice, Tomodome, and Mcashdice. This set of avatar is non-fungible in nature, hence tradable directly on a marketplace on Tomobowl. TomoDome (http://www.tomodome.com): the hall of fame for Tomochain builders and supporters as well as for the partners of Tomochain to showcase their branding in one place. Midashimaya (http://www.midashimaya.com): the Amazon on Blockchain, a decentralized and online department store that offer to shop owners the capability to open shop and sell to buyers who can sign and pay directly by using Mi

11 hours ago

How Blockchain Can Help Fight Climate Change

Blockchain is often misunderstood to be an energy-inefficient technology, with the Bitcoin mining process frequently criticized for its energy usage and perceived wastefulness. But in actuality, the technology behind the cryptocurrency allows for the decentralization of systemic processes which can help maximize energy efficiency as the world looks for sustainable solutions in the fight against climate change. Decentralizing the power grid As the number of small renewable energy installations like rooftop solar panels grow, electricity grids can become strained as they were designed to facilitate energy from large, centralized sources rather than from many smaller origins. One way in which blockchain has already proved its value, in this case, is through facilitating peer-to-peer energy transactions which allow energy users to pay each other directly for excess energy in their local area. Community energy sharing projects have quickly found success across the globe, with notable projects taking off in New York and Australia. In Brooklyn, the LO3 Energy microgrid project was hailed as a success by the local residents. “To be able to provide energy, for emergency services, or someone in need, that’s how a neighborhood comes together,” said one participant, Noah Elgart. However, the move towards decentralized energy markets cuts out the main market players as they stand today, namely retailers, metering point operators and the major energy supplies corporations themselves. Creating pressure groups, these actors have a high stake in the energy sector remaining in a centralized form. Perhaps partly in lieu of their influence, peer-to-peer energy sharing in Europe is still limited to regulated pilots or privately-owned microgrids — a long way from people having the freedom to sell their unused energy supply from their independent renewable energy source. Blockchain energy tracking An enormous benefit of blockchain energy tracking is its ability to prevent double counting as the data collected is immutable and transparent. For the technology to work, it would only need to rely on a properly calibrated and installed smart energy meter to transmit the data. For electricity to be allowed legal classification as renewable in Europe, the supplier must receive a Renewable Energy Guarantee of Origin (REGO) certificate which is issued per MWh. Small energy producers who generate less than this amount are unable to receive the certificate or sell their energy as renewable. Blockchain energy tracking has been discussed as a potential way for these smaller suppliers to verify energy output and quantify their supplies, allowing consumers greater access to more choice of renewable energy suppliers. A changing landscape Whether blockchain adoption in the energy industry will really take off is still a question but as the case studies have shown so far, its potential is enormous. Concerns of the impending impacts of climate change are already driving progress in the energy sector and blockchain is proving it can transform the way data is stored and exchanged. As it stands, blockchain appears to be a leading technology that can enable the transition to a renewable, decentralized energy grid that empowers consumers to make climate-conscious energy decisions. 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 How Blockchain Can Help Fight Climate Change appeared first on BitcoinNews.com.

11 hours ago

Op Ed: Hanging Money Launderers Out to Dry: The Role of KYC/AML in Blockchain

Crime isn’t supposed to pay, but sometimes the wages of sin are paid in bitcoin. Last week, Japanese police reported that 2018 saw a tenfold increase of cryptocurrency money laundering. In 2017, Japan’s National Police Agency discovered fewer than 700 instances of crypto money laundering. Last year, they found more than 7,000 cases. What is it about this new asset class, which is enabled by blockchain distributed ledger technology, that makes it so appealing to criminals? And what can be done to keep cryptocurrency clean?Cryptocurrencies present the world with a radically new way of thinking about value. As a rule, there’s no central issuer like a mint, no printed bills or stamped coins, and no government affiliation. Given these radical differences from traditional money and cryptocurrency advocates’ concerns about institutions and centralization, some uncontroversial and long-established aspects of traditional finance have proven unpopular in the crypto world. One of the most important disputes, and the most central to stopping crime, is over anti-money laundering (AML) and know-your-customer (KYC) regulations.In addition to stymying money laundering, KYC/AML rules help combat illegal drug trade, halt terrorist financing, and prevent trafficking. Outside observers are sometimes surprised that such measures inspire resistance from the cryptocurrency world, but many of the technology’s earliest adopters believed in full anonymity as a principle. Though absolute anonymity may have a theoretical appeal for some, it may cause more problems than it solves. When cryptocurrency exchanges are hacked, anonymity protects the perpetrators. When the Mt. Gox exchange was hacked in 2014, the hundreds of millions of dollars of “lost” money could be traced to accounts, but those accounts could not be linked to individuals. Similarly, while anonymity can permit bad actors to execute money laundering, it makes price manipulation via pump-and-dump schemes far simpler. By making these activities possible, anonymity contributes to cryptocurrency’s notorious volatility and makes it that much less likely that digital currencies will become stable stores of value.Contrary to some arguments, KYC and AML are not “centralizing” forces that corrupt the blockchain. Rather, they will lead to greater decentralization by inspiring greater faith in the network and encouraging new participants in blockchain technology. The blockchain community can be fractious, but if there’s one thing almost universally agreed upon, it’s that major financial institutions will shortly enter the market. The largest banks and financial firms, many of them centuries old, might be persuaded to invest in volatile assets, but they’re far more reluctant to stake claims in sectors considered legally suspect. KYC and AML eliminate a substantial barrier to entry; their implementation could bring greater and safer investment to blockchain technology.Roughly half the world’s population currently uses banking services; as developing economies emerge onto the world stage, the number of bank users will only grow. As globalization progresses, this newly banked population will cross oceans and borders, further increasing the already high demand for remittance payments and international money transfers. AML and KYC protocols enable banks to confidently invest in cryptocurrency and encourage their customers to do the same, thus opening cryptocurrency to half the world’s population. Even the unbanked may benefit: bank involvement in cryptocurrency will inspire more robust infrastructure and more accessible interfaces for cryptocurrency trades, which might allow the unbanked to make their first investments and establish their financial reputations, so long as they have a cell phone and access to the internet.Much of the international monetary framework rests on 40-year-old protocols and standards like SWIFT; there are periodic updates, upgrades, and adjustments, yet the system remains far slower than might be expected for one of the economic engines of the contemporary world. Cryptocurrencies are less than a quarter of SWIFT’s age, but in the single decade they have existed, their speed, infrastructure, reliability and versatility have all experienced incredible growth and surpassed many of SWIFT’s capabilities. With proper KYC and AML, there’s every chance that cryptocurrencies could be used to transfer payments more quickly, securely and reliably than today; cryptocurrency could become an essential underpinning of the world financial system.The rapid maturation of cryptocurrency — in 10 years, it has grown from a hypothetical on an obscure internet mailing list to a multi-billion dollar industry — has made legislators and regulators around the world take notice. All over the world, officials, many of whom lack tech experience, are beginning to craft and enforce cryptocurrency rules. In the United States, for example, the Securities and Exchange Commission has labeled bloc

11 hours ago

Bitcoin Accepted as Payment Option by Major US Electronics Company

Avnet has become the latest major enterprise to begin accepting payment in bitcoin and other cryptocurrency. On March 19, 2019, the company announced that it will allow customers to pay for goods and services using bitcoin and bitcoin cash. Crypto payment processor BitPay will facilitate the transactions.Founded in 1921, Avnet is one of the oldest major American electronics companies. With more than 15,000 employees and net income north of $250 million, it’s also one of the country’s larger technology firms. Today, its business centers around helping to design and manufacturer electronics for other companies.On Tuesday, Avnet announced that the companies it works with can now pay for their goods and services using bitcoin and bitcoin cash.The new payment options are available immediately, Sunny Trinh, the company’s vice president of demand creation, told Bitcoin Magazine in an email. He added that the company has already “closed several multi-million-dollar transactions” using cryptocurrency.“Our customers have been asking to pay in cryptocurrency, and we listened,” Trinh said. “Bitcoin gives our customers added flexibility, and we are excited to offer our customers the option to pay with bitcoin or bitcoin cash.”Avnet’s decision to begin accepting bitcoin and bitcoin cash reflects an effort to make it easier for businesses to purchase goods and services from the company by giving clients one less challenge to worry about during the difficult work of bringing new products to market.“We recognized that cryptocurrency would help our customers overcome the competition and challenges they face every day in taking their ideas from design to production,” Trinh said. “And we listened to our customers who said they would like the option to pay for our products and services with cryptocurrency.”“Cryptocurrency is one more way we help our customers bring their products to market faster,” he added.Sonny Singh, chief commercial officer at BitPay, expressed a similar sentiment. He wrote in a statement, “I predict Avnet will attract many new blockchain-focused customers from around the world that want to take advantage of paying with bitcoin.”The idea that accepting bitcoin is important for generating new business is notable, especially coming from a century-old, blue-chip enterprise. So far, most of the companies that have taken the step of accepting payment in bitcoin have been younger and smaller.This trend has found its way to Switzerland, as well. Digitec and Galaxus, an online retailer akin to Amazon, has also started accepting cryptocurrency as payments. Coinify will act as a payment processor for the website, accepting bitcoin, bitcoin cash, ether, litecoin and other notable altcoins and immediately converting these funds into Swiss francs for the retailer. This article originally appeared on Bitcoin Magazine.

11 hours ago

Switzerland’s Largest Online Retailer Starts Accepting 10 Cryptocurrencies

The largest Swiss online retailer, Digitec Galaxus, has started accepting crypto payments at its two stores. Customers can choose from 10 cryptocurrencies to pay with including BTC, BCH, BNB, ETH, TRX, OMG, and XRP. One of the stores specializes in consumer electronics while the other focuses on everyday needs. Also read: SEC Chair Explains Key Upgrades Needed for Bitcoin ETF Approval Digitec Galaxus Accepts Crypto Payments Digitec Galaxus AG announced Tuesday that customers can now pay for their purchases with cryptocurrencies at its two online shops: Digitec and Galaxus. Ten cryptocurrencies are supported — BTC, BCH, BSV, BNB, ETH, LTC, NEO, OMG, TRX, and XRP. Checkout page on galaxus.ch. Claudio Schaad, leader of Team Spectre, one of the teams that make up the engineering department at Digitec Galaxus AG, discussed the new payment option in a blog post on his company’s website. “We’ve been looking into cryptocurrencies for a while now,” he revealed. The post explains that “instead of creating an own wallet or even cryptocurrency, digicon or the such, Spectre chose [to] work with a company called Coinify,” adding: In simpler terms: while shopping, if your purchase price exceeds 200 francs, you have the option to pay with cryptocurrencies. What arrives on digitec’s end are Swiss francs. Digitec specializes in IT, consumer electronics and telecommunications goods while Galaxus claims to be the largest online department store in Switzerland with a growing range of products for everyday needs. The two stores form Digitec Galaxus AG, its website describes. According to Oliver Herren, co-founder and CIO of Digitec Galaxus, the company currently has around 2.7 million items for sale, from shoehorns to wheat beer to gaming PCs. He was quoted as saying: Cryptocurrencies are fascinating and could become a relevant means of payment in e-commerce — we want to support this development. Paying With Cryptocurrencies A blog post on Galaxus’ website details that “The new payment option was created as part of a pilot project together with the Swiss e-payment specialist Datatrans AG,” which works with Danish crypto payment provider Coinify. Customers shopping on digitec or Galaxus can choose to pay with cryptocurrency at checkout. They will be redirected to a page on Coinify which displays the amount due in BTC with a QR code. Customers can choose among the 10 supported cryptocurrencies and complete the checkout process. Prices are locked in for 15 minutes. When choosing a cryptocurrency other than BTC, customers are asked to provide an address so that funds can be returned should an error occur. Furthermore, the company warns of a processing delay when paying with other coins. The blog post further notes that “Normally, the payment confirmation by Coinify takes place within a few minutes,” adding: Digitec Galaxus does not charge any fees for cryptocurrency payments. Coinify charges a conversion fee of 1.5% of the purchase amount. Other, but small, transaction fees will be charged depending on the currency, as well as how fast the transaction is to be confirmed. What do you think of Digitec Galaxus accepting 10 cryptocurrencies? Let us know in the comments section below. Images courtesy of Shutterstock, Coinify, and Digitec Galaxus AG. Need to calculate your bitcoin holdings? Check our tools section. The post Switzerland’s Largest Online Retailer Starts Accepting 10 Cryptocurrencies appeared first on Bitcoin News.

11 hours ago

This Version of Lode Runner Is Fueled by BCH-Powered SLP Tokens

On March 18, Portuguese programmer Cláudio Gil revealed the launch of an old 80s video game that uses Bitcoin Cash-based Simple Ledger Protocol (SLP) tokens for interactive play. The Lode Runner SLP version is a port of the classic 1983 puzzle-oriented action game that allows people to play using the Badger wallet and non-fungible SLP coins called LVL. Also read: SEC Chair Explains Key Upgrades Needed for Bitcoin ETF Approval Lode Runner and SLP Tokens Token creation on the Bitcoin Cash (BCH) network has been prolific lately as BCH supporters have been minting a wide variety of SLP-based tokens. The majority of the SLP tokens have been made for fun and people have been sharing the coins with friends. This week, software developer Cláudio Gil took the SLP concept to another level by integrating SLP tokens with the classic 2D video game Lode Runner. Playing entails using the Badger wallet to choose a level and send LVL tokens. Users can also play via the Electron Cash SLP version by sending LVL to the token address. After initiating the game, the player controls the character (Lode Runner) in order to collect all the gold pieces on the level while being chased by a random number of enemies. The Lode Runner SLP version creator says that the game is a great use case for non-fungible coins built on top of the BCH network. “This is actually a case of non-fungible tokens, because there’s one for each level, with unbounded supply, because anyone can generate a new token in the game over screen,” Gil detailed on Monday. “In this game, each token is also a life and if you deposit three LVL050 tokens you start with three lives.” A Plethora of Use Cases for Representative Tokens Built on Top of Bitcoin Cash Gil explained that the game was produced with help from the web version of Lode Runner, Bitcoin.com’s Bitbox toolkit, the Simple Ledger Protocol, and a few BCH developers willing to lend a hand. The programmer says you can only get tokens when you lose the same and at the ‘game over’ screen user can pay a quarter of a penny to receive a token for that level. “You can then click the number 10, at the start screen, to start from there — And you can also always show off your merit and get the LVL150 token.” The programmer also noted the SLP version of Lode Runner is experimental and emphasized that everything runs in the browser. Although there really isn’t that much money involved, Gil noted that it is “hard to steal any funds since people, at most, deposit 1/4 of a cent for a few seconds.” The Lode Runner game with interactive SLP token support opens up the protocol to unbound use cases and different types of exhibitions with non-fungible minted tokens as well. Other types of games could be integrated with SLP token support, the coins could be used for website paywalls, blurry picture sites, and other concepts that involve representative tokens. During the last two weeks, the tokens have been used for different use cases like Telegram and Twitter tip bots, and payment processor support too for merchants. After Gil released the Lode Runner SLP version, many BCH supporters spoke of enjoying the classic game infused with a new type of crypto gaming. “I used to play Lode Runner a lot when I was a kid — This brings me back,” Coinbase Engineer Josh Ellithorpe tweeted on Monday. What do you think about the Lode Runner SLP version that uses tokens for interactive gameplay? Let us know what you think about this subject in the comments section below. Image credits: Brøderbund Software, and the Lode Runner SLP Version. Need to calculate your bitcoin holdings? Check our tools section. The post This Version of Lode Runner Is Fueled by BCH-Powered SLP Tokens appeared first on Bitcoin News.

11 hours ago

American Electronics Giant Avnet Now Accepts Bitcoin Cash Payments

Avnet (Nasdaq: AVT), a Phoenix, Arizona headquartered technology solutions company, has announced on Tuesday that it is now working with Bitpay to accept cryptocurrency payments for its products and services including bitcoin cash (BCH). Also Read: Bitmain Releases Miner 3x More Powerful Than Its Predecessor One of the Largest Global Technology Solution Providers on the Fortune 500 Founded in 1921, Avnet is one of the world’s largest distributors of electronic components and embedded solutions. It ranks at number 128 on the Fortune 500 list and at number 414 on the Fortune Global 500, with revenues of about $20 billion a year. The electronics giant explained that it is adding support for cryptocurrency payments to provide its customers with more convenient ways to complete their financial transactions so they can focus on developing their products - not on how to pay for them. “As one of the largest global technology solution providers on the Fortune 500 list, Avnet is truly an innovative company that listens to the needs of their customers, as demonstrated by their decision to accept bitcoin payments,” said Sonny Singh, Bitpay’s chief commercial officer. “Not only is paying with bitcoin easier and faster than with credit cards and bank wires, it is less expensive and acceptance of it is growing. I predict Avnet will attract many new blockchain-focused customers from around the world that want to take advantage of paying with bitcoin.” Several Multi-Million-Dollar Cryptocurrency Transactions Already Closed Avnet also revealed on Tuesday that it has already closed several multi-million dollar cryptocurrency transactions within the first month of accepting cryptocurrency payments. This includes working with Bitcoin.com to develop a new hardware wallet that will enable cryptocurrency storage and provide the highest level of security for transactions. The way the cryptocurrency payments service works is that when an Avnet customer elects to make a purchase with bitcoin core (BTC) or bitcoin cash (BCH), the company will work with Bitpay to verify the funds, process the order and complete the transaction. The two American companies will also have the ability to manage and process cryptocurrency requests outside the U.S. on a country by country basis. What do you think about Avent accepting bitcoin cash payments via Bitpay? Share your thoughts in the comments section below. Images courtesy of Shutterstock and Avent. 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 American Electronics Giant Avnet Now Accepts Bitcoin Cash Payments appeared first on Bitcoin News.

11 hours ago

BTC Adoption Grows With Fortune 500’s 2 Million Customers

Fortune 500 tech firm Avnet is adopting crypto payments, allowing consumers to pay in Bitcoin and Bitcoin Cash for the businesses software solutions. The company is catering to professionals in the tech industry. According to the announcement: “Today’s developers are looking for flexibility as they take their products to market, and this announcement provides our customers with more convenient ways to complete their financial transactions.” Avnet is working with one of the industry leaders, BitPay. This platform processes more than $1 billion on an annual basis when it comes to cryptocurrency payments to facilitate the new payment option. “When a customer elects to make a purchase with Bitcoin (BTC) or Bitcoin Cash (BCH), Avnet will work with BitPay to verify the funds, process the order and complete the transaction. Avnet and BitPay will also have the ability to manage and process cryptocurrency requests outside the US on a country-by-country basis.” The tech firm has a focus on the rise of Bitcoin, which crossed 290,000 on-chain transactions on Saturday. Avnet says it’s preparing for changing the landscape and “positioning ourselves - and our clients - to be ready for it.” Avnet has noted the advantages of crypto payments including real-time conversion rates, shrunk down to a 15-minute window, ease of use of online platforms and a fixed one percent fee which won’t look anything when compared to traditional intermediaries. Currently, Avnet is working with Bitcoin.com to develop a new hardware wallet for more secure cryptocurrency storage. Plus, it says that it already processed several multi-million dollar crypto transactions within the first month of accepting Bitcoin. “Not only is paying with Bitcoin easier and faster than with credit cards and bank wires, it is less expensive and acceptance of it is growing. I predict Avnet will attract many new blockchain-focused customers from around the world that want to take advantage of paying with bitcoin.” The firm has more than 15,000 people working for them in 125 different places in Europe, Asia and North America. In addition, there are more than 1,400 technology suppliers serving over 2 million customers across 140 countries. Bitcoin will get massive exposure as well as the potential of mass adoption.

11 hours ago

Stellar (XLM) Remains Strong, Eyes Further Gains Before The Next Decline

Stellar (XLM) is holding strong above the 61.8% Fib retracement level. This level used that used to be a resistance has now turned into a strong support. The 4H chart for XLM/USD shows that the price has enough room to rally from here in the days ahead. Stellar (XLM) has seen the momentum shift in its favor after the recent Coinbase listing. It was well deserved for a cryptocurrency like Stellar (XLM) which is in many ways a superior technology to Ripple (XRP), the third largest coin by market cap. Stellar (XLM)’s alliance with IBM has enabled it to gain a lot of traction recently. The cryptocurrency is already making waves in the financial industry with its state of the art blockchain and low cost, speedy transactions. Stellar (XLM) has a higher probability of being more readily accepted by the crypto community compared to Ripple (XRP) as the former focuses on empowering the masses whereas the latter focuses on empowering the banks. The entire cryptocurrency movement is about cutting dependence on the financial system that has enslaved generations after generations. If we can reduce reliance on post with email, why can’t we do the same with money? Bitcoin (BTC) transactions may not be cheaper and faster but then again Bitcoin (BTC) was not created for that purpose. The purpose of Bitcoin (BTC) was to cut the double spending problem and to produce a form of money that is immune to inflation. When people realized that blockchain technology can be used for a lot more, they came up with cryptocurrencies like Ripple (XRP) and Stellar (XLM). Jed McCaleb, the CEO of Stellar (XLM) was the CTO of Ripple before he created Stellar. So, Stellar (XLM) and Ripple (XRP) are direct competitors as both are fighting for the same thing but in different ways. It is clear that Bitcoin Cash (BCH) and Litecoin (LTC) are better choices for online spending compared to Bitcoin (BTC). This is why most people pay with these cryptocurrencies instead of Bitcoin (BTC) to save on transaction fees and time. However, Ripple (XRP) and Stellar (XLM) are certainly a lot better than Bitcoin Cash (BCH) and Litecoin (LTC) in this regard. A lot of merchants that accept Bitcoin Cash (BCH) and Litecoin (LTC) might not have any problem accepting Stellar (XLM) even though they may have some problem with accepting Ripple (XRP) as it is seen as a bank coin or a centralized coin by a large number of people in this industry. The daily chart for XLM/BTC shows that Stellar (XLM) still has to break past the 38.2% Fib retracement level if it is to rally further. The probability of a golden cross remains low as XLM/BTC does not seem likely to break above the 200 day moving average. That being said, it might continue to trade sideways for a while as the rest of the market catches up to it before the next decline sets in.

11 hours ago

TokenPay (TPAY) Price Gets Boost from Testnet Launch

Along with a public testnet, EFIN exchange and the EFIN token will become part of the TokenPay ecosystem.

11 hours ago

Bexplus Analyst: A Bigger Bullish Run Will Come If Bitcoin Successfully Surpass $4600

Since April 2018, it’s the first time for Bitcoin price to maintain a fourth consecutive week with a green candle close, reaching highs during the week of $4040 with strong volumes backing and finding support when $3900 was tested. The short-term bullish outlook for BTC has been strengthened. However, according to some analyst predictions, bear-to-bull will not achieve until BTC crosses the $4600 mark and moves towards $6000. If to take a long-term look of the cryptocurrency market, everything may remain bullish. But if you prefer making profits at a faster rate, BTC futures trading with 100x leverage is a better option for you. Source: BexPlus What is 100x Leverage Futures Trading? Futures trading is another popular transaction type in the cryptocurrency market. Different from spot trades, futures trading allows you to buy/up or sell/down, which means you can make a profit on both BTC price rising or falling. In addition, in the spot trade, if you want to buy 1 bitcoin, you have to pay $3990. But in futures trading, you just need to pay 1 bitcoin [$3990] to purchase 100 bitcoin contract with 100x leverage added. To conclude it, 100x leverage futures trading enables you to open 100 bitcoin contracts with only 1 BTC used as margin, betting on price up or down. Source: BexPlus Established in Hong Kong 2017, Bexplus is one of the world-leading futures exchange in cryptocurrency area. BTC, ETH and LTC perpetual contracts with 100x leverage are main trading products in Bexplus. Bexplus exchange Android and iOS apps are available in 36 countries with 21 languages supported. Bexplus futures exchange is popular for the following reasons: No spread: 90% of futures exchanges deliberately set the spread, making users more difficult to earn money through trading. If you traded futures contracts before, you will find that you will lose a little money once you opened a position. But in Bexplus, you don’t need to pay any money on opening a contract. Trading Simulator: Bexplus provides 10 BTC for users, especially for beginners to be familiar with BTC futures trading in the trading simulator. You may get to know how to open and close positions, set stop-loss and stop-profit points, etc. 100% Deposit Bonus: To trade in Bexplus, you need to deposit BTC in firstly. Now deposit Bitcoin in your Bexplus, you will get 100% free BTC bonus according to your deposit amount. For example, if you deposit 10 BTC in, you will gain 10 BTC as a free bonus, which will increase your margin rate to avoid positions blowup when huge market fluctuations suddenly happen. Source: BexPlus Popular activities to earn BTC are ongoing in Bexplus Up to 50% Invitation Referral Reward Invite friends to register and trade in Bexplus, you can earn 10%-50% of your invitees’ each deposit instantly. It will be counted with BTC and directly credited in your account. For more info click here. Source: BexPlus Earn Up to 72% Annualized Interest with Upgraded BTC Wallet Balance in the upgraded BTC wallet will be calculated annualized interest which will be up to 72%. Easy to get profits without trading! For more info click here. Source: BexPlus You can also follow Bexplus here. We also have a presence on Facebook, Twitter, and Telegram For Business cooperation contact here. The post Bexplus Analyst: A Bigger Bullish Run Will Come If Bitcoin Successfully Surpass $4600 appeared first on AMBCrypto.

11 hours ago

You can now buy one of the best hardware wallets on the mark...

You can now buy one of the best hardware wallets on the market from https://t.co/BzSXhGhYhq and pay with SmartCash.… https://t.co/xfHC8INKy9

12 hours ago

Bitcoin SV and Qtum Partner With Zeux for In-Store Crypto Payments Via Apple Pay and Samsung Pay

London-based fintech Zeux aims to be the first fully mobile payment app to allow fiat and crypto payment at stores accepting Apple Pay or Samsung Pay. The company recently announced that it will list cryptocurrencies Qtum and Bitcoin SV (BSV), and customers will also be able to spend Bitcoin and Ethereum. Zeux is a digital […]

13 hours ago

Pakistan Reverses Its Ban On Crypto

In April last year, the State Bank of Pakistan (SBP) imposed a complete ban on cryptocurrencies. However, the country's Finance Minister Asad Umar has now issued a recommendation to legalize both crypto trading and businesses in the country. It will require exchanges to be registered. Also, crypto trading will be considered as investments and traders will have to pay taxes on gains. While the sudden reversal comes as a surprise, Pakistani celebrity Wakar Zaka revealed that he was behind it. Cryptocurrencies were viewed as an instrument to facilitate money laundering. After the ban, Zaka was in constant contact with the Finance Minister and educated the country's top officials on cryptocurrencies. Since the move to legalize has received strong support from the Finance Minister, it is expected to be rolled out by July 20. (VS)

15 hours ago

Great to see our Asian-Pacific awareness campaign starting t...

Great to see our Asian-Pacific awareness campaign starting to pay dividends. TokenPay CEO @DerekCapo has made count… https://t.co/kQBULxsaoW

2 days ago

Due to the fact that almost all auctions are hosted by 3rd p...

Due to the fact that almost all auctions are hosted by 3rd parties, merchants must pay high fees to conduct busines… https://t.co/lDxJBpHIsS

2 days ago

Spanish Banking Platform 2gether Launches Prepaid Visa Debit Card that Supports Cryptocurrencies

Spanish banking platform 2gether recently announced the launch of its prepaid Visa debit card which allows holders to pay for goods and services using cryptocurrency. At the launch, users of the platform are able to use the new card an pay in Euros or instantly convert Ethereum, Bitcoin, Ripple, Bitcoin Cash, EOS, Stellar and Litecoin at the point of sale terminal. As a special promotion to help with adoption, users within the 19-member Eurozone economic bloc are able to use the card without paying any fees. (JF)

2 days ago

Winklevoss Twins Say Crypto will Introduce Something More Significant than Facebook

Yesterday, Tyler and Cameron Winklevoss, the founders of the Gemini crypto exchange, took time for an interview with The Telegraph to discuss the future of the crypto space. According to the twins, Facebook's secretive crypto project is good for the crypto-verse, but crypto heralds something that is more significant than the social networking era. Cameron stated that cryptocurrencies are placing markets on resources that are more significant than sharing photos. Tyler added that although people want to connect, finding a way to pay people and pay for things using crypto would be more significant. (KE)

3 days ago

Qtum Partners with Zeus to Introduce Crypto Trade on Apple Pay and Samsung Pay

Qtum recently unveiled that it had collaborated with Zeus in a deal that would allow its users to transact through Apple Pay and Samsung Pay. Per the announcement, traders can use the QTUM token for transactions through the Zeus wallet. Qtum stated that it chose the Zeus wallet because it enables the smooth use of QTUM in real-world applications and because it facilitates zero-fee transactions. According to Miguel Palencia, Qtum's CIO, Zeus adding support for Qtum is a significant step for the project as it would increase the coin's utility. (KE)

4 days ago

@APompliano Nice to see TokenPay featured in Forbes, alongsi...

@APompliano Nice to see TokenPay featured in Forbes, alongside our partner. Getting major media attention organical… https://t.co/SPJbWPKj8q

5 days ago

@TarisAragon @Egg198 @tokensuisse The TPAY Tracker Certifica...

@TarisAragon @Egg198 @tokensuisse The TPAY Tracker Certificate is coming soon from @tokensuisse. It is planned and… https://t.co/kt8iYSbLBQ

5 days ago

Bitcoin Ransomware Paralyses Boston's Legal System For Two Weeks

Boston public defenders have unveiled that they are experiencing a ransomware attack that started on February 27. The organization chose not to pay the ransom that the hacker had demanded in BTC. The committee instead decided to use back-ups to restore their system and continue providing services. Per the Boston Globe, this decision resulted in a 'weeks-long slowdown' that affects everyone in the system. The attack crippled payments and the organization's digital services such as email. The committee stated that it is still representing clients and that the hacker had not released any confidential client information. (VK)

5 days ago

Crypto Roundup – QTUM Relating to Apple Pay and Samsung Pay & Nasdaq-Powered Full-Stack Crypto Ecosystem to Go Live in H1 2019

Eight coins from the top 10 coins by 24-hour volume posted positive changes, ranging from 0.18% to 18.01%. QTUM surges 24% after announcement relating to Apple Pay and Samsung Pay. The World’s first Nasdaq-powered full-stack cryptocurrency ecosystem to go live in H1 2019.

6 days ago

Step 1: Order and receive a TenX Card Step 2: Take selfie wi...

Step 1: Order and receive a TenX Card Step 2: Take selfie with said card Step 3: Post selfie on Twitter with… https://t.co/DY24Fer14X

6 days ago

TenX Cards are now shipping to users residing in Australia, ...

TenX Cards are now shipping to users residing in Australia, Hong Kong, Malaysia, Singapore, and New Zealand. Join… https://t.co/TTRxfJO0mV

6 days ago

Users can now pay in Dai on the @loomnetwork marketplace and...

Users can now pay in Dai on the @loomnetwork marketplace and any dapps building on Loom get Dai as an available pay… https://t.co/ga1iMZwZCw

6 days ago

Report Claims Increase in Cryptojacking Shows Hackers are Shifting Toward Discreet CyberAttacks

A recent article from IT news website ComputerWorld revealed that hackers are steadily shifting toward more discreet forms of launching cyber attacks. Data from Darktrace, a cybersecurity company, revealed that crypto jacking attempts increased by 78 percent throughout 2018 and analysts expect this trend to continue throughout 2019. Darktrace director of threat hunting Max Heinemeyer said many ransomware victims are unable to pay Bitcoin ransoms due to ‘technical ineptitude’ and he suggested that hackers find crypto jacking to be a more effective method. Heinemeyer said, “crypto jacking is low and slow and guarantees a profit” without relying on the victim’s technical expertise to deliver funds. Heinemeyer also explained that other jacking methods like stealing credit card credentials are becoming increasingly laborious as criminals need to establish money laundering networks in order to avoid law enforcement. (RS)

6 days ago


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