Viacoin VIA

$0.5525
Market Cap $ 12.782 MM (#250)
24h Volume $ 4.347 MM
Chg. 24h: 9.42%
Algo. score 3.3/5  (#329)
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Viacoin News

We are very close to releasing Viacoin Eclair, one of our Vi...

We are very close to releasing Viacoin Eclair, one of our Viacoin Lightning Network clients. Viacoin Eclair feature… https://t.co/KiXTy0T0yI

4 hours ago

Netherland Government-backed Odyssey Hackathon Set to Examine the Use of Blockchain and AI in Various Systems

Netherland government-supported Odyssey Hackathon, formerly known as the Dutch Blockchain Hackathon and Blockchaingers has announced that its third edition will take place from April 11 to 15, 2019. Per the announcement, the event would have 1,500 attendees. This edition will explore the use of the blockchain and AI to better sectors such as energy transition, public utility networks, biometric data communication, and cargo insurance among others. According to Raymond Knops, the state secretary for the Interior and Kingdom Relations of the Netherlands, this event showcases the real-world applications of the blockchain and AI via viable economic solutions. (KE)

13 hours ago

@TheRealBlockFi @Nic_C4fe @Lendabit_com @BitfuryGroup Do sen...

@TheRealBlockFi @Nic_C4fe @Lendabit_com @BitfuryGroup Do send us your inquiry via https://t.co/qzpWh0Wzvy, please.… https://t.co/zSpHfghNOE

a day ago

Travala (AVA) Launches Crowdfund Campaign

Travala (AVA), the NEO-based travel booking platform, launched a new crowdfunding campaign on March 19th on the CrowdCube start-up and early-stage business fundraising platform. The goal of the campaign is to raise funds to help accelerate its marketing efforts and grow the platforms awareness. Travala is looking to raise $3.5 million in funding via traditional Series A round, with 4.05% of total newly established shares being allocated for crowdfunding access. As an incentive to participate in the sale, Travala pledges to match crowdfunding investors with AVA tokens for each £1 they contribute, at a one-to-one ratio. (JF)

2 days ago

The Tor Project Now Accepts Donations in 9 Different Cryptos

The digital anonymity-focused nonprofit Tor Project recently announced that it is now accepting donations via cryptocurrencies directly, currently supporting ten of the top cryptos. The project has been accepting Bitcoin donations for several years, but a switch from BitPay to a partnership with Kraken has enabled an expansion of the accepted cryptos. The donation page for the Tor Project now lists Bitcoin, Bitcoin Cash, Dash, Ethereum, Litecoin, Monero, Stellar Lumens, Zcash, and Augur’s REP tokens. (JF)

2 days ago

ICYMI: The 10,000 WAX Sticker Mega Drop is live🔥 There's 10,...

ICYMI: The 10,000 WAX Sticker Mega Drop is live🔥 There's 10,000 WAX Stickers worth $0.25 each (via Instant-Sell) fo… https://t.co/78oNM7428Q

2 days ago

"@Syscoin: The List of FIAT/SYS Trading Pairs and Exchanges ...

"@Syscoin: The List of FIAT/SYS Trading Pairs and Exchanges is Growing!" via #Drlove @publish0x… https://t.co/1hvKczawOa

2 days ago

Bain-Backed Crypto Exchange Seed CX Is Expanding to Asia

Chicago-based cryptocurrency exchange Seed CX, which Bain Capital backed last year, is expanding to Asia via a local partnership.

2 days ago

Thanks for participating in @CoinGecko ‘s #WBTC (Wrapped BTC...

Thanks for participating in @CoinGecko ‘s #WBTC (Wrapped BTC) Giveaway! Details have been sent via email on how to… https://t.co/AzODTi1Ubi

2 days ago

Emerald CLI v0.25.3 - critical bug fix release via @etcdev ...

Emerald CLI v0.25.3 - critical bug fix release via @etcdev https://t.co/iDiEpQu9pR

2 days ago

Blockchain-Based Numerai Prediction Market Raises $11 Million in ICO

Numerai (NMR), the US-based prediction market startup and hedge fund, announced that it has raised $11 million in an initial coin offering (ICO) to launch its project Erasure. Numerai is a project on the Ethereum blockchain that provides a blockchain and cryptographic token-based ecosystem for incentivizing anonymous data scientists to create predictive models. The Erasure platform will enable users to sell their predictions to any investment fund in the public network via the peer-to-peer InterPlanetary File System (IPFS), and directly connect their crypto wallets to the Ethereum-based marketplace. (JF)

3 days ago

IPC Systems and Omniex Partner on a Crypto Trading Deal

Earlier today, IPC Systems a provider of trading communications solutions to financial services firms has announced a new partnership with Omniex. Through this deal, IPC Systems would provide its clients with access to a broad range of crypto-asset exchanges and OTC providers via the IPC Connexus Cloud. IPC already offers Connexus Cloud users the window to access various crypto pricing products such as CME and Cboe's crypto indices and reference rates. The two firms unveiled in a joint statement that this partnership would provide institutional-grade resources and real-time information for the parties that trade in crypto markets. (VK)

3 days ago

Ripple-Backed Startup Launches New Initiative to Make XRP a Mainstream Payment Option

The founder of Ripple-backed XRPL Labs is taking a unique approach to driving adoption of the digital currency XRP. Weitse Wind recently launched a crowdfunding campaign to bring XRP to 3.3 million online stores via WooCommerce. The effort was a hit, with an independent coder successfully integrating XRP onto the leading e-commerce platform in less […]

3 days ago

Hey are you a dev or want to learn the basics of #DApp devel...

Hey are you a dev or want to learn the basics of #DApp development on the #Nebulas #Blockchain via #JavaScript? Com… https://t.co/7HMzkRNQ95

3 days ago

A preview of the #Blocknet XRouter: Access any available RPC...

A preview of the #Blocknet XRouter: Access any available RPC command via XRouter without installing that blockchain… https://t.co/C8Nw7ACea7

3 days ago

What is an Initial Exchange Offering (IEO) and How it differs from ICO?

China’s late 2017 ICO ban left crypto startups in the country trying to find alternative solutions to raise funds for their projects. Projects started to discover the new trend of Initial Exchange Offerings (IEOs). This innovation allowed them to perform their fundraising with no fear of the law or the authorities. What is an IEO? An Initial Exchange Offering, as its name suggests, is conducted on the platform of a cryptocurrency exchange. Contrary to Initial Coin Offerings (ICOs), an IEO is administered by a crypto exchange on behalf of the startup that seeks to raise funds with its newly issued tokens. As the token sale is conducted on the exchange’s platform, token issuers have to pay a listing fee along with a percentage of the tokens sold during the IEO. In return, the tokens of the crypto startups are sold on the exchange’s platforms, and their coins are listed after the IEO is over. As the cryptocurrency exchange takes a percentage of the tokens sold by the startup, the exchange is incentivized to help with the token issuer’s marketing operations. IEO participants do not send contributions to a smart contract, such as governs an ICO. Instead, they have to create an account on the exchange’s platform where the IEO is conducted. The contributors then fund their exchange wallets with coins and use those funds to buy the fundraising company’s tokens. IEOs on exchange platforms An increasing number of cryptocurrency exchanges have started to embrace IEOs. One of the first in line was Binance, which launched its IEO platform Binance Launchpad. In January, BitTorrent - that was bought by TRON - initiated a token sale on Binance Launchpad and raised $7.2 million in less than 15 minutes, hitting the crowdsale hardcap. While 15 minutes to sell all tokens in a crowdsale is better than anything a crypto startup can dream of, a token issuer on the Binance Launchpad established an even better record. The second IEO on the cryptocurrency exchange’s platform, Fetch.AI, hit the hard cap of $6 million in just 22 seconds. After observing the success of Binance Launchpad, other notable exchanges announced launches of their own IEO platforms. Among the IEO platforms are Bitmax Launchpad, Bittrex IEO, OK Jumpstart (OKEx), KuCoin Spotlight, and Huobi Prime. IEO Exchange Platforms IEO vs. ICO - what are the differences? We’ve created a table to show you the main differences between IEOs and ICOs. Here it is: Advantages and disadvantages of IEOs Trust One of the main advantages of IEOs is trust. As the crowdsale is conducted on a cryptocurrency exchange platform the counterparty screens every project that seeks to launch an IEO on its website. Exchanges do this to maintain their good reputation by carefully vetting token issuers. Therefore, IEOs can eliminate scam and dubious projects from raising funds via cryptocurrency exchange platforms, and it becomes much harder to scam contributors with IEOs. The RAID IEO case is an excellent example. Recently, Bittrex announced that it had canceled its IEO for the RAID project a few hours before the start of the crowdsale. The reason for canceling RAID’s plan to raise $6 million from contributors was a terminated partnership between RAID and the e-gaming data analytics company OP.GG. According to Bittrex, the partnership between the two companies was a vital part of the project, and when the cryptocurrency exchange became aware of the event, it decided to cancel the token sale as they believed it was not in the interest of Bittrex’s customers. Security Token issuers do not have to worry about the crowdsale security as the exchange is managing the IEO’s smart contract. The KYC/AML process is also handled by the crypto exchange as most service providers do KYC/AML on their customers after they create their accounts. Easier for the projects Token issuer startups benefit from the more flawless process of launching IEOs on exchange platforms - compared to doing their ICOs “on their own.” While the fundraising organizations have to pay fees for listing and a percentage of their tokens, the exchange will help them with marketing. So, startups launching their IEOs require a lower marketing budget than if they decide to go with an ICO. Moreover, token issuers can take advantage of the exchange’s stable customer base to receive more contributions to their projects. Listing As token listings are also “in the deal,” it is a natural process that the cryptocurrency exchange where the IEO is conducted lists the coin of the startup after the crowdsale is over. While IEOs seem like a more secure and efficient alternative to ICOs, the costs associated with token sales can be high for startups. Listing fees can go as high as 20 BTC, while exchanges can even take a 10% cut from the tokens of the fundraising companies. How to participate in an IEO? As IEOs are currently, relatively rare in the crypto community, it is not that hard to find one that you like. After you’ve found your IEO of choice, you ne

3 days ago

Ethereum Price Analysis: ETH Turning Bullish, Targets Fresh Weekly Highs

ETH price gained traction and surpassed the key $138 resistance level against the US Dollar. The price formed a strong support near the $136 level before climbing above $138. This week’s major bearish trend line was breached with resistance near $138 on the hourly chart of ETH/USD (data feed via Kraken). The pair is now trading nicely above the trend line and eyeing more gains above $140 and $142. Ethereum price slowly moved above key resistances against the US Dollar and bitcoin. ETH could continue to move higher towards the $145 resistance as long as it is above $138. Ethereum Price Analysis After a brief consolidation, ETH price formed a strong support near the $135 and $136 levels against the US Dollar. The ETH/USD pair slowly moved higher and broke a few important resistances near the $138 level. There was even a close above the $138 level and the 100 hourly simple moving average. This is a positive sign and has opened the doors for more gains above the $142 and $144 levels. More importantly, bitcoin price already climbed higher, challenging the $4,050 resistance, and it may continue to rise in the near term. Therefore, it could help ETH, XRP, and other cryptocurrencies. During the recent upside, this week’s major bearish trend line was breached with resistance near $138 on the hourly chart of ETH/USD. There was a break above the 50% Fib retracement level of the last decline from the $142 swing high to $135 low. The price traded close to the $140 level and later corrected lower. It traded below the 23.6% Fib retracement level of the recent wave from the $135 low to $140 high. However, the $138 level and the 100 hourly SMA acted as a strong support. Besides, the 50% Fib retracement level of the recent wave from the $135 low to $140 high acted as a support. The current price action suggests that the price is well supported above $138 and it may continue to rise. An immediate resistance is at $140, above which the price could break the $142 level. Looking at the chart, ETH price is trading in a positive zone above the $138 level. If buyers remain in action, the price may even challenge the $145 resistance level. On the downside, if there is a break below the $138 support, the price may revisit the $136 support. The main support is near the $135 level. ETH Technical Indicators Hourly MACD - The MACD for ETH/USD is currently gaining traction in the bullish zone. Hourly RSI - The RSI for ETH/USD climbed above the 50 level and it is currently near the 55 level. Major Support Level - $138 Major Resistance Level - $142 Ethereum Price Analysis: ETH Turning Bullish, Targets Fresh Weekly Highs was last modified: March 21st, 2019 by Aayush JindalThe post Ethereum Price Analysis: ETH Turning Bullish, Targets Fresh Weekly Highs appeared first on NewsBTC.

3 days ago

March Asia Crypto Update: On Current Trends Cross- Borders

The Quick Take From talking to various people and projects from the West, many projects that have launched are now looking for adoption by putting serious efforts and resources into Asia go-to-market development. Also, despite what Arjun Balaji says from The Block, we don't think the market in Asia has really recovered at all. Western projects are now putting resources into competing for adoption in Asia This is exciting for us as this is a topic that we've been stressing for the last year- when identifying potential use cases and adoption, crypto companies that want to pursue long term value HAVE to pay attention to the Asia region, given the numerous crypto-friendly jurisdictions and diverse testing grounds. Large projects are growing their Asia presence and we are seeing it play out in various ways. Large projects are growing their Asia presence and we are seeing it play out in various ways. I don't think it is an accident that the new CMO of Cosmos happens to hav... Want to see more? Join our subscription for just $150 a year, or less than $13 a month, to get access to all the unique Asia content and resources, latest in-depth analysis breaking down the most important Asia crypto happenings, exclusive conference calls with industry insiders such as Kyle Samani, and access to all our interviews with the most influential people in the Asia crypto industry. Read alongside with the founders and members of Scalar Capital, Sequoia Capital, renown journalists from the New York Times, TechCrunch, The Information, founders and management teams from the top US and Asia technology and blockchain companies including Tencent, Alibaba, Cryptokitties, ConsenSys and Coinbase. Our analysis and insights have been featured in Forbes, South China Morning Post, Hackernoon, TechCrunch, The Information and more. Sign Up Below and Get Immediate Access Annual Subscription for $150 a Year Price: $150 Email:* Invalid Email Password:* Invalid Password Password Confirmation:* Password Confirmation Doesn't Match Password Strength Select Payment Method stripe Pay with your credit card via Stripe Please fix the errors above Here are some awfully nice things that our subscribers are saying: I've been following your newsletter for a while now and I've learned so much about China, Korea, Japan, so the news has been super helpful. - Benny Giang, co-founder of Cryptokitties and Fortune Cat [Global Coin Research] differentiate themselves by reporting on daily news out of Asia and translate some of the media reports directly. - Linda Xie, co-founder of Scalar Capital I've been reading your newsletter for a while and I find it really informative! You do a really good job of summarizing what's going on in Asia news, which I have not been able to find elsewhere. I especially enjoyed the Tencent/JD/Alibaba analysis! - Kartik Talwar, Partner at A. Capital To learn more about our premium plan, go here

3 days ago

SimpleFX Forex Trading Platform Introduces Exciting New Features with Lower Spreads

Online digital broker and trading platform, SimpleFX have updated its system, adding exciting new features including lower spreads, trading ideas, multi charts, and live widgets and more. SimpleFX, a highly functional multi-currency and cryptocurrency trading platform has announced the integration of groundbreaking new features to its system. To commemorate the addition of these features, SimpleFX has launched the “March Madness” promo, to enable traders to earn $500 with a 20 percent spread cashback. With more than 200,000 active users across the globe, SimpleFX is poised to become the number one platform for the new generation of mobile-first traders. The added features, trading ideas, multicharts, and live widgets are all built to cater to the numerous needs of traders. SimpleFx has also added tools that are dedicated to connecting newbie traders with influencers who can mentor them and earn recognition and 25 percent revenue share. SimpleFX Empowering Traders SimpleFX has now incorporated a social trading feature that makes it possible for traders to share their opinion on cryptos, stock or forex trends, educate new traders, while also gaining community appreciation and earn revenue share for life via the Unilink.io affiliate program. Trading ideas can be created with just a few clicks, making a snapshot of their chart analysis, adding comments and sharing the strategy on social media and other channels. Importantly, each trading idea bears the referral link of the creator, to make it easier for the lifetime revenue share to be sent to them. As stated earlier, the SimpleFX Live Quotes, Charts Widgets, and the March Madness promo have also been added to the system. For publishers, bloggers, and influencers, creating new content has now become a frictionless process on the SimpleFX platform. The five new customizable widgets added to SimpleFX are Market Overview, Live Quotes, Live Quotes Bar, Intraday Chart, and Currency Converter. Accordingly, users can select the symbols they wish to present, in line with the content on their site, as well as the layout of the widget, size, and style to match the design of the site. Interestingly, whenever a new SimpleFX user clicks on a widget and registers on the platform, the new account will be linked with their Unilink.io profile and the publisher will be eligible to get a 25 percent lifetime revenue share from any transaction spread generated by the new user. The Widgets and Trading ideas can all be found on the Unilink.io affiliate manager dashboard. The Multicharts Feature The Multicharts feature allows traders to split the main section of their charts into several windows, with each window configured to show a different symbol, timeframe or chart type. Website: https://simplefx.com Facebook: https://www.facebook.com/simplefxltd Email: partnership@simplefx.com Twitter: https://twitter.com/SimpleFXcom The post SimpleFX Forex Trading Platform Introduces Exciting New Features with Lower Spreads appeared first on ZyCrypto.

3 days ago

BitMax.io (BTMX.com) Announces Primary Listing Partnership with BOLT

BitMax.io (BTMX.com), the industry-leading next-generation digital asset exchange, has announced a strategic partnership with BOLT, a company whose vision is to be the largest mobile wallet in the world, powered by content. BitMax.io will primarily list BOLT (BOLT) under the trading pairs of BOLT/BTC and BOLT/USDT. Trading will start at 9:00 a.m. EDT on Mar 26th, 2019. What is BOLT? BOLT’s vision is to be the largest mobile wallet in the world, powered by content. Built on Zilliqa, the fastest Blockchain platform, its mission is to democratize the chain between content producers and users. BOLT has focused their efforts in building token utility partnerships, including hardware manufacturers like Hisense in South Africa (over 6M active devices), partnering with International Cricket Council to broadcast the Cricket World Cup in June 2019, exchanging tokens for mobile data plans with Digi (part of Telenor, with over 11.8M subscribers) in Malaysia, and having an ecosystem of telco network operators around Asia and Africa with a user base of almost 80M users. The BOLT ecosystem is democratic, enabling secure, direct access between consumers and content producers. Everyone is welcome to participate. On BOLT+, our video streaming service, those who create content can earn tokens from those who view the content. Those who help the community by voting on content can earn tokens as well as those who translate content into another language. Eventually, we will also allow users to trade BOLT tokens for discounted mobile data plan top ups either through direct redemption or bidding on the BOLT Marketplace. Gluing the whole ecosystem together is the BOLT Wallet, which will be released at the end of Q2 2019. BOLT users will be able to use the BOLT Wallet to top up BOLT Token balances (via telco redemption or external wallet address), send BOLT Tokens to other users, trade BOLT Tokens for access to other parts of the BOLT ecosystem. This access includes the BOLT Marketplace and access to premium content on BOLT+ (interactive video app). Loyal advocates of BOLT are rewarded through user referral programs, or with exclusive access to premium programming that is first to air. The advantages BOLT offers Key takeaways: - BOLT has existing Partnerships with hardware manufacturers, telco networks and premium content partners. BOLT has 2 main products - “BOLT+”, a video streaming service, and the BOLT Wallet. The vision is to be the largest mobile wallet in the world, powered by content, and to bring the benefits of the blockchain (security, democratization, and access) to a mass audience. - BOLT will launch a blockchain ready wallet, “BOLT Wallet” for mass adoption by Cricket World Cup 2019, a global event which will be watched by millions. - BOLT has integrated with blockchain ecosystem partners such as Zilliqa, Bitmax.io, and Switcheo for purposes of the permissionless blockchain, token trading and token to telco mobile data marketplace infrastructure respectively. - BOLT’s upcoming global sports events on the radar for 2019 to be enabled by the blockchain includes the Rugby World Cup in November 2019. - BOLT has an all-star team hailing from Facebook, Twitter, Coca Cola, Samsung and more. Present access to entertainment involves too many middlemen. Mark-ups are excessive leading to higher costs for end-users and content partners don’t have much incentive. Existing social media and video content platforms have high bandwidth consumption that makes them expensive and ineffective in the developing world. Mobile network infrastructure cannot support 4G and 5G. A centralized business model that collects data and sells it to advertisers is becoming increasingly unattractive. Such business models are also unable to mobilize the community to self-sensor and to moderate to community-determined standards. BOLT will offer bandwidth friendly, interactive content accessible on mobile devices. It will give emerging markets access to informational, uplifting and localized content. The BOLT team BOLT is run by a proven network of digital strategists, venture builders and media veterans from some of the biggest companies in the world including Facebook, Coca-Cola, PayPal, Samsung, and Twitter. The team all has one thing in common - the desire to build a meaningful, global movement for the underserved. Jamal Hassim is the Founder and CEO of BOLT. He is a seasoned broadcast, media and technology entrepreneur. Prior to founding BOLT, he held key management positions in NTV7, 8TV, and the TV3 group. Before this, he was the Chief Operating Officer of SPH Mediaworks in Singapore. Christel Quek is the Co-Founder and Chief Commercial Officer of BOLT. As a technology executive, she has built brands and digital businesses since the advent of the digital economy. She is also an Advisor to Zilliqa, a next-generation high throughput blockchain platform. Previously, Christel was Head of Content at Twitter across International Markets and led Social Bu

3 days ago

Blockchain Cruise Takes Place on the Mediterranean from June 9-13

The 2019 CoinsBank Blockchain Cruise will set sail from June 9-13. CoinsBank is a blockchain solutions provider that includes products like a digital wallet and services like an exchange and merchant tools for cryptocurrencies. Guests are invited to join an epic Mediterranean cruise aboard the iconic Oasis of the Seas for what promises to be CoinsBank’s most extravagant event to date. Last year’s event drew 2,000 attendees from 58 countries. The luxury trip departs from Barcelona and finishes in Rome, with stops in Palma de Mallorca, Marseille, and La Spezia. As always, the Blockchain Cruise presents unrivalled networking opportunities with professionals across every aspect of the blockchain industry. Attendees will have a chance to introduce their business to some of the biggest names in crypto throughout the five-day event. Most notably, one sponsor secured a multi-million-dollar deal with crypto celebrity John McAfee aboard a recent Blockchain Cruise event. There is simply no better place for entrepreneurs to get their business card in the hands of someone who can take them to the next level. This year’s conference will be bigger and better than ever, covering topics ranging from blockchain’s social impact to business use cases, data privacy, exchanges, and STOs vs. IPOs. We’ll also wrestle with the topic, “What if blockchain is not a panacea?” “We are very excited to offer this unparalleled networking opportunity for the second time,” said Kristina Bliadze, Event Coordinator of CoinsBank. “The potential of blockchain can only be realized through an active and supportive community, which is something we aim to foster through the Blockchain Cruise. “ Tickets for the 2019 Blockchain Cruise can be purchased via CoinsBank.com. Special packages are available for sponsors and exhibit partners. The post Blockchain Cruise Takes Place on the Mediterranean from June 9-13 appeared first on ZyCrypto.

3 days ago

Ethereum Price Watch: ETH Set To Make A More Decisive Move In The Next Couple Of Days

In the last couple of days, the market has shown a low level of volatility, one that has not been witnessed for some time now. Top coins like BTC, ETH, and XRP have remained within the range of their recent rally. By establishing high support positions, the coins are well positioned for the next rally. However, they all have to get above key resistance levels established in the last couple of days before the next strong bullish rally. Via Coin360.com In the last 24 hours, the market has turned green with most major coins recording gains of between 1% to 5%. ETH, in particular, has seen gains of a little over 1% and is now exchanging for $140. Getting above this position was key to ensure its short-term outlook remains bullish. Now it will need to break out above $145. A more decisive move will see the coin rally and hit as high as $150, where the coin will encounter much stronger resistance. ETH in the past has mimicked the behavior of BTC and with the crypto leader now eyeing a position above $5,000 in the next couple of weeks, the altcoin leader will look to reciprocate the growth rate, easily seeing it rally above $200. Since ETH dropped below $200 towards the end of November, the coin has failed to reach these highs, only reaching as high as around $162. A break out above $150, signals a strong bullish outlook and a possibility at getting above $200. Anything above $150 will additionally signal the end of the crypto winter being experienced in the market although this will have to be coupled with other cryptocurrencies getting above their respective key resistance levels. With the market currently highly unpredictable, if the bears take over, we could see prices pull back to around $135. Despite the pullback, the drop will still play in favor of the bulls since trading above the $133 support position allows the bulls to consolidate and make a come back. It is only when prices fall below $130 that there will be real concern that the bears might be taking over. The post Ethereum Price Watch: ETH Set To Make A More Decisive Move In The Next Couple Of Days appeared first on ZyCrypto.

3 days ago

Switzerland Parliament Favors Crypto Regulations with 99 Majority of Votes

In a wake of blockchain and crypto-focused laws by Japan, Swiss parliament approved the motion presented to launch regulations on crypto assets. Following the motion approval in the National Council or lower House of Switzerland’s federal legislature, it will now be reviewed by the parliament’s upper house ( Council of States). Votes in Favors of Crypto Regulations As per the Swiss news media outlet, National Council received the majority of votes that favors crypto regulations within the country. A motion to adopt a regulation for digital currency had presented in the lower house of Switzerland parliament by Giovanni Merlini. The latest press reports on March 21 revealed that the motion was approved with 99 to 83 votes while 10 declines to vote. As a result of major votes favoring the laws on cryptocurrency, the National Council approved a motion. The National Council approved a motion by Giovanni Merlini by 99 votes to 83 with 10 abstentions. It calls on the Federal Council to adapt the provisions on judicial and administrative procedural instruments so that they also apply to cryptocurrencies such as bitcoin. To note, a motion was presented by Giovanni Merlini who is a liberal public representative in the Federal Assembly. The motion instructs and influences federal assembly to look after the crypto industry in Switzerland. Referring to motion, he argued that such regulations will help the country reduce the crime and existing gap in the market which is indirectly affecting an investor’s interest. While Merlini talks in favors, many others argued in all opposite view thus with 83 votes, the motion approval wasn’t easy. Few people also raised a question on the crypto trading platform - whether these exchanges be regulated as financial intermediaries or will be regulated under FINMA the Swiss Financial Market Superiority Authority. Cryptocurrencies can be issued by anyone with a decentralized, cryptographic-based peer-to-peer network, argued Merlini. A large part of the crypto currencies was also completely anonymous, which favored extortion and money laundering. In addition, it should be clarified how risks can be contained and whether the persons responsible for the cryptocurrency trading platforms should be treated as equivalent to the financial intermediaries and placed under the supervision of the Financial Market Authority Finma. As a result of the discussion, it was decided that the crypto exchanges will be recognized as financial institutions and will then be overseen under the purview of FINMA. Merlini earlier claimed that the use of cryptocurrency can help the country reduce criminals for various acts such as money laundering. As for now the motion is approved in the lower house of the Swiss parliament and will now be considered by the upper house. Stay tuned with Coingape to know the proceeding matter of the motion. Note - the quotes mentioned above are translated via Google translator The post Switzerland Parliament Favors Crypto Regulations with 99 Majority of Votes appeared first on Coingape.

3 days ago

In the Daily: Coins at Kiosks, Micropayment Solutions, Token Launchpad, GPU Inventory

In this edition of The Daily, we feature a couple of announcements by leading crypto exchanges. Binance starts selling cryptocurrency for cash at newsagent stores in Australia, while Huobi is launching its new token listing platform. In other news, Aeternity and Satoshipay join forces to offer faster crypto micropayments and Nvidia expects to clear mining chip inventory in this quarter. Also read: Crypto Data Feed, BSV Sale, Bitmain Office Closed Binance to Sell Cryptocurrencies at Newsagents in Australia Binance, the world’s leading cryptocurrency exchange by volume, has announced the launch of Binance Lite Australia, a platform that will allow local residents to buy cryptocurrency at more than 1,300 newsagents across the country. Currently, the new cash-to-crypto service supports only purchases of bitcoin core (BTC) with Australian dollars (AUD) but other digital coins and fiat currency options will be added in the future. To acquire the crypto, customers will have to place an order online and then deposit the cash at the nearest newspaper kiosk. But before they can do so, they will have to provide their personal details and pass account verification on the website of the platform, binancelite.com. Verified users will be able to place their orders and receive the coins within minutes, the exchange promised in a blog post. Binance Lite Australia will charge a 5 percent fee for the service. Token Launchpad Huobi Prime to Go Live on Tuesday Digital asset exchange Huobi announced the launch date of its new token listing platform. Huobi Prime will go live next Tuesday, March 26, the company revealed in a tweet this week. The first campaign based on Huobi’s launchpad will be held by a project called TOP Network, which will distribute 1.5 billion TOP tokens among its users in three 30-minute rounds. According to the announcement, Huobi Prime will allow crypto projects to trade their coins immediately in a model described by the exchange as “direct premium offering.” Tokens issued through the platform, which is an alternative to Binance Launchpad, may be listed in the future on Huobi Global and Hbus in trading pairs with USDT, BTC, ETH, and KRW. Aeternity Invests in Micropayment Platform Satoshipay Aeternity, a project developing a blockchain protocol for smart contracts with open code, has acquired a stake in Satoshipay. According to a press release, the deal was sealed during the latest financing round for the micropayment service. Satoshipay will now be able to integrate Aeternity nanopayment solutions and offer its users faster transactions. Axel Springer SE, one of the largest digital content companies in Europe which runs news outlets such as Upday, Die Welt, Bild, and Business Insider, will be among the first users of the new services offered by Aeternity and Satoshipay. Its users will be able to pay for the content with cryptocurrency via the Satoshipay wallet. Nvidia to Clear Mining GPU Inventory Video card manufacturer Nvidia is expecting to soon clear the excess inventory accumulated in anticipation of high demand for cryptocurrency mining equipment. The company believes it will manage to achieve that during Q1 of 2019, according to comments made by its CFO Colette Kress during a meeting with investors in California this past Tuesday, Bloomberg reported. The stockpile of unsold graphics processing components was created when the sales of chips dropped last year following the decline in cryptocurrency prices. What are your thoughts on today’s news tidbits? Tell us in the comments section. Images courtesy of Shutterstock. At Bitcoin.com there’s a bunch of free helpful services. For instance, have you seen our Tools page? You can even lookup the exchange rate for a transaction in the past. Or calculate the value of your current holdings. Or create a paper wallet. And much more. The post In the Daily: Coins at Kiosks, Micropayment Solutions, Token Launchpad, GPU Inventory appeared first on Bitcoin News.

3 days ago

IBM Announcement Pushes BTC And XLM

The markets have seen a small amount of positivity over the past few weeks, though when we say small, note that we do mean small. As it stands, the markets are still way down from the figures we witnessed this time last year, with no chance of a surge that will pull Bitcoin back to $20,000.00 expected anytime soon either. Earlier this week, IBM made a huge announcement with regards to their Blockchain World Wire Global Payment Network, an announcement that seems to have had a positive impact on Bitcoin and Stellar, though the rest of the markets have remained stagnant. It’s worth noting that Blockchain World Wire works on the Stellar network, so it’s no surprise that this news has benefitted XLM, which at the time of writing has a value of $0.113. I should mention that this is not investment advice, even though this news has helped push XLM and Bitcoin ever so slightly, it’s not going to cause the markets to sky rocket, therefore this should not be taken as investment advice. If you do decide to invest in Stellar, Bitcoin or any other cryptocurrency, do so off your own back, informed by your own research. Only invest what you can afford to lose. According to Forbes, Marie Wieck, the General Manager at IBM Blockchain has said: "We've created a new type of payment network designed to accelerate remittances and transform cross-border payments to facilitate the movement of money in countries that need it most. By creating a network where financial institutions support multiple digital assets, we expect to spur innovation and improve financial inclusion worldwide." The major announcement from IBM came at the start of this week, when IBM announced that the Blockchain World Wire Network had seen an expansion across more than 50 countries, meaning a whole load of new countries had adopted this technology, therefore meaning that a load more people and institutions would start to use Stellars technology in order to settle payments. Great news for Stellar, bad news for Ripple - arguably Stellars closest rivals. “This partnership was a significant step forward for cryptocurrencies. This is because instead of Stellar trying to compete with chartered financial institutions, they were able to include them in a productive way that is beneficial to all parties involved.” Once the underdog in the shadow of Ripple, Stellar is now at the fore of international payments via the blockchain. The war between the two is hotting up, which can only result in the development of bigger and better blockchain technologies. What an exciting time to be an investor!

3 days ago

Coin Stats Launches World’s First Fully Guaranteed Mobile Crypto Wallet To 500,000 Active Users

Most secure mobile wallet utilizes the hardware that's already in 1.6 billion phones and provides FIPS 140-2 based, military-grade security. Privately, securely send crypto assets via WhatsApp and other messengers (San Francisco - March 21, 2019) Coin Stats, the cryptocurrency research and portfolio tracker with over $5 billion in crypto portfolio and 500,000 monthly active users, launched Coin Stats Secure Wallet, the world’s first guaranteed, secure, hardware-rooted digital wallet on March 21. This groundbreaking platform, developed with and powered by SignKeys, has been launched to complement the incredibly popular Coin Stats portfolio tracker app. It gives Coin Stats users the ability to track and make transactions directly in the app, rather than having to rely on an outside wallet or exchange. Based on military-grade security (FIPS 140-2), the wallet uses an ultra secure, specially licensed and hardware-based environment, already available on 1.6 billion existing smartphones. This level of security allows SignKeys and Coin Stats to provide a guarantee that no other wallet does. SignKeys provides a unique guarantee on the full value of crypto assets in a user’s wallet, up to 10 times the value of KEYS tokens that user holds. The minimum balance of $10 worth of KEYS tokens will protect $100 in other crypto assets including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP) as well as more than 220 other altcoins, simultaneously. This in itself is an achievement, as most hardware wallets can only hold a handful of different types of tokens at the same time and require a dongle. The wallet includes numerous innovations beyond just security. For example, users will be able to privately and securely send crypto assets through existing messengers like WhatsApp. Atomic swaps - currently available between KEYS and BTC - will allow immediate peer-to-peer exchange. “With so much news of hacks on exchanges, and wallets so complex to use they’d drive Satoshi mad, it’s no wonder blockchain is so intimidating to the masses,” said Joseph Toh Founder at SignKeys. “Launching the world’s first guaranteed cryptocurrency wallet together with CoinStats, one of the largest crypto portfolio providers, is a true opportunity to restore confidence in the market.” (See a full interview with Joe here.) Narek Gevorgyan, Founder at Coin Stats, said, “Keeping your cryptocurrencies secure and easily accessible is still pretty complex, which slows down the crypto adoption. The wallet solution we’re going to release with SignKeys is a first step into solving that problem together.” (See a full interview with Narek here.) Coin Stats advisor Mark Mueller-Eberstein helped to facilitate this collaboration with SignKeys. Coin Stats and SignKeys will extend their B2B capabilities beyond the wallet with offerings that easily integrate to financial products and systems, replacing the need for costly custody solutions. The Coin Stats app is free to download from the Apple AppStore or Google Play. About Coin Stats Coin Stats is one of the biggest cryptocurrency price and portfolio trackers on a market offering automatic portfolio tracking by connecting your wallets and exchange account. Currently Coin Stats supports over 4000 coins and 200 exchanges, providing detailed analytical access to your cryptocurrency portfolio. About SignKeys SignKeys is the first guaranteed, secure, hardware-rooted digital wallet that lives on your mobile phone. The SignKeys wallet supports more than 220 tokens, and guarantees crypto assets stored within at a 10:1 ratio based on the value of KEYS tokens owners hold. SignKeys mission is mass adoption, so companies can OEM/White Label SignKeys solutions rather than waste two years and take risks to build a proprietary solution. As of end January, 2019, the company has distributed more than $2 million worth of KEYS tokens in private placement. Founded in 2017 by Joseph Toh, from a long career helping traditional institutions adopt new technologies with executive roles at Credit Suisse and Accenture. The team has grown to 34 people spread across Asia, Europe and the United States. To learn more about SignKeys visit signkeys.com. The SignKeys Secure Wallet is currently available for download for iOS and Android..

3 days ago

Zeux Lists IOTA for Crypto Payments at Retail Stores, Encouraging Its Wider Adoption

On March 21, the Zuex app team made an announcement through their Medium blog that the company has taken another step towards the cryptocurrency world. This time Zeux has added IOTA (MIOTA) to the list of its payment methods. IOTA will let you buy regular things at regular stores In a few weeks, regular buyers will be able to use IOTA to pay for goods and services in shops that are friendly towards Apple Pay and Samsung Pay systems. Zeux has got an FCA regulatory license. This company that works in the field of financial services is preparing to launch in the EU next month. In 2020, it intends to roll out to the US where it will be cooperating with a great number of stores - from ones selling grocery to coffee shops. We are excited to announce we are adding another #cryptocurrency #IOTA token for crypto #payments in @ZeuxApp https://t.co/MYnbon8btQ@iotatoken @frankjzhou @DavidSonstebo @DomSchiener @NickAyton @popochen888 @pomp— Zeux (@ZeuxApp) March 21, 2019 The platform will enable its customers to do several things in one place, i.e. conduct payments, store funds and invest them. The app will work both with fiat and cryptocurrencies. A beneficial cooperation The founder of IOTA, David Sønstebø, believes that by collaborating with Zeux his company will get IOTA adoption to a much higher level than the one the coin is standing on now. The CEO of Zeux, Frank Zhou, seems quite enthusiastic about helping to bridge the crypto industry with the world of traditional economy and fiat. He reckons that Tangle, the independent blockchain protocol used by IOTA, is a good basis for developing Dapps and that Zeux may use it for this purpose in the future. In an interview, Zhou shared that he is glad that Zeux will be able to give IOTA users more financial freedom. Zeux and other crypto coins About a week ago, the banking app added another digital coin to its arsenal of financial tools - Qtum. Once the app launches, its users will also be able to pay for goods with this coin or invest it. Earlier than that, the app teamed up with Bitcoin SV, so now this token will also be used by Zeux customers. Crypto adoption via retail payments Many experts and crypto enthusiasts are certain that massive adoption of decentralized digital currencies first of all depends on user awareness and opportunities to conduct everyday payments. Some crypto coins are already accepted by numerous merchants thanks to many apps and payment systems, such as Spend app, CoinGate, TravelbyBit, etc. Tron and BitTorrent offer their own card which enables users to spend these two coins, TRX and BTT, directly, with no third-party apps. The post Zeux Lists IOTA for Crypto Payments at Retail Stores, Encouraging Its Wider Adoption appeared first on Ethereum World News.

3 days ago

Lightning Labs Releases Loop Feature to Improve Bitcoin Payments on Lightning

Coinspeaker Lightning Labs Releases Loop Feature to Improve Bitcoin Payments on LightningLightning Labs has announced the alpha launch of a new feature that will improve the process of sending and receiving Bitcoin on the second layer of Lightning Network. Called ‘Lightning Loop’, the feature will enable users to receive Bitcoin in increasing quantities without having to close and reopen new payment channels.Announcing the alpha release of Lightning Loop, a non-custodial service that makes it easier to receive #bitcoin on Lightning.With Loop, users can get inbound capacity and withdraw from Lightning while keeping channels open. 🔁Read more and try it out: https://t.co/KoAXDm9JFl— Lightning Labs⚡️ (@lightning) March 20, 2019The process of creating a channel on the Lightning Network is similar to conducting a usual transaction over the Bitcoin network. Opening a payment channel requires users to pay the same fees and wait the same amount of time as sending a regular Bitcoin transaction the blockchain.However, further transactions made with the payment channel have much lower costs. The difficulty was in the network’s usability. Until now, when a user’s channel reached maximum capacity, it could accept no more payments, which made it inconvenient for businesses.With Lightning Loop, it will be all different. It will be easier to receive funds on Lightning Network, as users will be able to securely move funds in and out of the Lightning Network using non-custodial Bitcoin contracts. As the developers stated, with Loop, users, businesses, and routing node operators can keep Lightning channels open indefinitely, making the network more efficient, more stable, and cheaper to use.In a blog post, Lighting Labs developers Alex Bosworth and Bryan Vu stated:“This initial release focuses on on the ability for people to receive with what we call Loop Out. Lightning Loop Out allows users to increase their receiving capacity by offloading their funds from the network while keeping channels open.”They added:“The lightning loop will specifically allow funds to be moved outside of the payment channel and into a bitcoin wallet, cold storage, or fiat currency via an exchange. This emptying of the channel allows users to receive more payments, while still continuing transactions and looping out again. As a result, new recipients on the network no longer need to rely on others to open channels with them, before they’re able to start receiving payments.”Further, Alex Bosworth and Bryan Wu compared Lightning channels with money tubes:“Lightning channels are like tubes of money: the more you send the more you can receive, and the other way around. Money moves around in the tube, but the total amount of funds remains constant. So, unlike other payment systems, Lightning requires “inbound capacity” in order to receive funds. “With Lightning Loop, the efficiency, scalability, and usability of Lightning are expected to improve immediately.Lightning Upgrades: Loop Out And Loop InAs the developers pointed out, Lightning Loop is only the first step of the two upgrades expected to be implemented. Lightning Loop belongs to Loop Out — the feature that increases users’ receiving capacity by offloading their funds from the network while keeping channels open.The second feature expected to be released is called Loop In. It will allow making payments to Lightning Channels from exchanges and other on-chain sources. As a user makes a series of purchases via Lightning, the channel balance decreases.Loop In will refill these funds on Lightning from a regular on-chain bitcoin wallet or via an exchange account, and continue to add additional funds, which means that users can stay connected to their payment channels, even after they have depleted the entire balance of all their open payment channels through spending.This year is likely to become fateful for Lightning Network, as the developers are building great plans. Some big events have already taken place. The recent Lightning Torch experiment that attracted over 140 participants from over 37 countries has sparked interest from such figures as Twitter CEO Jack Dorsey and Binance CEO Changpeng Zhao.Moreover, the latter proposed Elon Musk to take keep the fire going for Lightning Torch. Such attention from outstanding players is definitely a good sign, that’s why crypto fans have a subject of rejoicing.Lightning Labs Releases Loop Feature to Improve Bitcoin Payments on Lightning

3 days ago

Indian exchange Coindcx launches lending program; will support five cryptocurrencies

Indian cryptocurrency exchange, Coindcx, recently announced the launch of its crypto-lending program, Dcxlend. The program would allow users to earn interest on the cryptocurrencies held within the exchange. The announcement stated that the program’s beta testing phase was over, and five cryptocurrencies are supported by the program, including Bitcoin [BTC], USD Tether [USDT], Ethereum [ETH], XRP and Binance Coin [BNB]. Sumit Gupta, the CEO of Coindcx, shared his thoughts with Bitcoin.com, and said that only BTC and USDT were supported during the beta phase. He said that the exchange had over 120 lenders, which led to the daily circulation of 170 BTC, over the testing period. He also said that the exchange was still scaling up, and that the platform would add more crypto tokens soon. The CEO further explained that the exchange had an internal settlement and liquidation mechanism for margin trading. However, it did not have a funding wallet. He stated, “Funds are then lent to the users only when the margin trade is open, with no withdrawal access and hard liquidation with 7.5% maintenance margin.” After the announcement, the exchange’s website was updated to show monthly interest rates. The rates were, 2 percent for BTC, 1 percent for USDT, 1 percent for BNB, 0.75 percent for XRP, and 0.75 percent for ETH. Gupta added that BTC had the highest interest rates owing to the fact that most of the exchange’s traders did margin trading on BTC markets. The lending term lengths associated with the program were 7 days, 15 days and 30 days. The interest rates would be subject to change, according to the market dynamics of “demand and supply.” Moreover, the exchange announced that the cryptocurrencies lent via Dcxlend would also be used to provide leverage to users on Dcxmargin, another prominent service offered by the crypto exchange. The post Indian exchange Coindcx launches lending program; will support five cryptocurrencies appeared first on AMBCrypto.

3 days ago

Finding the Next Unicorn with TokenMarket

As excitement around Security Token Offerings (STOs) continues to escalate, TokenMarket, a global investment platform, recently announced that they will be conducting their own STO. The platform, which focuses on raising capital for the most exciting technology startups, has already seen promising blockchain based projects raise over $300 million from more than 30 businesses. Their most recent project, Fetch.AI raising $6m in 22 seconds in the public allocation of their sale. Founded in 2016 by Ransu Salovaara and Mikko Ohtamaa, TokenMarket has become synonymous for being at the forefront of pioneering blockchain based token sales. Entirely self-funded to date, they have generated over $12m in revenue since 2017. TokenMarket is now launching their own STO, demonstrating their platform’s effectiveness in raising capital and aiming to set the ‘gold standard’ for tokenized equity offerings. Working within the Financial Conduct Authority’s (FCA) Regulatory Sandbox, TokenMarket will be operating under UK Crowdfunding regulations, the licence they wish to operate under for other clients if granted the full licence. The crowdfunding element of the offering, which plans to raise up to £2 million will be one of the first regulated tokenized crowdfunding campaigns in the UK. TokenMarket has stated in a recent press release that the funds raised will be used to “capitalise on the $100 billion a year market of startup and growth company financing.”, in doing so; acquiring further legal and regulatory licenses, as well as expanding its presence within the Middle East and Asia. The STO framework is able to create a fairer investment opportunity for both investors and businesses alike, utilising blockchain in order to do so. Salovaara explained to us that “by democratizing these exciting startup investment opportunities, TokenMarket will be looking to create a new era of fundraising.” They will be looking to tackle this by expanding its platform in which investors can research, invest and trade tomorrow’s next tech “unicorns.” TokenMarket’s platform will give early-stage businesses a new, exciting and more transparent way to gain investment in their project. Starting with its own equity, TokenMarket is looking to prove that the STO framework can be a success if used properly. Whilst this might seem a risk to some, for Salovaara, it marks the companies dedication to “demonstrating our commitment to this revolutionary financial model.” One of the main benefits of STOs is ground floor access for all types of investors. Both institutional and smaller investors are able to have access to emerging tech startups and growth companies that are not readily available via traditional fundraising models. The TokenMarket platform is designed to provide investors with the information they require to make informed financial decisions, accessing pre-vetted companies. This includes; detailed financial information, team backgrounds, technology deployed, specific IP advantages and market opportunity amongst other details VCs would evaluate before investing. Security tokens have the potential to give investors access to 24-hour trading on secondary markets, unlike traditional exchanges like the Alternative Investment Market (AIM) or the New York Stock Exchange. Traditionally investors can be illiquid for an average period of 5-8 years, whereas security tokens have the potential to provide investors liquidity on a shorter time-frame. TokenMarket has put a high level of importance on this vetting process, applying a high barrier of entry on companies they decide to work with and showcase on their platform. By doing so, TokenMarket will give investors unrivalled access to emerging tech companies within an end-to-end platform designed to bring these opportunities to the masses. Given TokenMarket’s attention to detail in choosing high calibre clients, their future tokenized equity and debt offerings are set to showcase how this innovative method of financing will lead to mass adoption. It does seem as though the business is looking to change the way in which people are able to access investment opportunities. By using the STO platform for their own investment round,TokenMarket shows the underlying confidence they have in their platform and pioneering approach to improving the funding landscape for Startups. The post Finding the Next Unicorn with TokenMarket appeared first on NullTX.

3 days ago

Our second Amsterdam Meetup will begin shortly! If you canno...

Our second Amsterdam Meetup will begin shortly! If you cannot attend, feel free to join us via the live stream of t… https://t.co/YHaZydrLB7

3 days ago

Sirin Labs Partners With MyEtherWallet to Enhance Outreach of Blockchain Smartphone

Sirin Labs is aiming to increase the profile of its blockchain smartphone via an integration with MyEtherWallet

3 days ago

WSJ Claim of $9 Mln Laundered Via Shapeshift Based on Flawed Investigation, Analysts Say

Analysts have accused the Wall Street Journal of using flawed investigative methods and grossly overestimating the extent of alleged laundering via crypto exchange ShapeShift

3 days ago

Bitcoin Core Developer Matt Corallo Proposes “The Great Consensus Cleanup”

Bitcoin-Core developer Matt Corallo has recently proposed a series of changes to the Bitcoin consensus code, dubbed “The Great Consensus Cleanup” in a new BIP, and submitted an associated pull request which implements the requisite code adjustments. The changes would be executed via a BIP-9 soft-fork in order to change a small proportion of consensus-related […]

4 days ago

XRP Adoption Gains Traction as New Feature Allows Users to Send XRP by Email

A new Microsoft Outlook add-on designed by a developer named SchalaubiDev (@SchalaubiD) allows users to send XRP via email. SchalaubiDev posted a screenshot of the add-on on Twitter and he said that Wietse Wind, the developer of TipBot and the current lead of XRPL Labs, helped with designing the API. At the moment the project is not open source but SchalaubiDev said he plans to make it available in the future. SchalaubiDev said the recipient does not require an XRP address to send cryptocurrency as the funds to the XRP TipBot after the email is sent. The recipient will then receive an email from MoneyMessage and the access data is included in the message. The platform is limited to a 20 XRP maximum and SchalaubiDev said the add on will be added to Gmail in the near future. (RS)

4 days ago

Crypto Exchange Aggregator Caspian to Offer Crypto Options and Futures Trading

Cryptocurrency futures and options trading has been launched by exchange aggregator Caspian via new partnership

4 days 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.

4 days 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.

4 days ago

Skywire Mainnet: Skycoin Heralds Public Release

With blockchain companies everywhere aiming to empower their platforms’ users, it can be difficult to stand out from the crowd. Skycoin is hoping to do just that with its Skywire application, and the Skycoin development team have now unveiled the developer version, with the announcement made just days ago in Shanghai. This gives developers the capability to download, install, build and run the Skywire mainnet via the command line interface. Skywire’s creators have also stated that during the next few weeks full documentation for the developer release will be made available. What is Skywire Mainnet? Skywire is Skycoin’s flagship product The post Skywire Mainnet: Skycoin Heralds Public Release appeared first on CCN

4 days ago

IBM World Wire Loosen Banks, Bullish for Ripple (XRP)

Ripple prices flat Stellar—IBM partnership and roll-out of World Wire bullish Transaction volumes must spike above 60 million for bulls or bears to be in charge IBM involvement is a game changer. Although they are launching from Stellar, their confidence in blockchain could see banks experiment with crypto. In that case, some may decide to leverage RippleNet thereby boosting XRP prices—especially if they opt to use xRapid. Ripple Price Analysis Fundamentals Optimistic as we may, we also recognize that banks are conservative. Before experimenting with new technology, it is unusual for them to demand demonstrations with cogent explanations as to why they should shift. However, it is the entry of IBM and Big Blue’s decision to launch a similar service in World Wire, which somehow competes with Ripple. From public data, both promise to cheap and instantaneous fund transfer in a secure medium via digital assets—XRP in Ripple and stable coins of even fiat in World-Wire. Ripple utilizes their proof of correctness ledger while IBM has a rather fruitful partnership with Stellar Network. The same person, Jed McCaleb founded these ledgers. Nevertheless, a game changer in this situation is IBM track record in banking. By actively offering solutions for financial institutions as they aim to improve customer experience by “building agile core banking systems, offering innovative payment services and optimizing enterprise risk management,” banks will be willing to experiment with the idea of unregulated, decentralized money. That means, with the field open, some may decide to join a more mature ledger actively working with regulators from all over the world in RippleNet, therefore, increasing Ripple’s customer base. Candlestick Arrangement All the same, Ripple (XRP) prices are under immense sell pressure. At the time of writing, the third most valuable coin was up 1.6 percent from last week’s close with a market cap of $13 billion meaning the gap between ETH—XRP is widening. Despite this “insurmountable” sell pressure, we are optimistic of price surges. Backing our stance is strong supports at 30 cents. In the last three months, sellers have been unsuccessful and yet to drive prices below 30 cents as prices consolidate within a tight 4 cents trade range. Unless otherwise there are breaks below this support level, it is highly likely that the result of this accumulation is a strong breakout above 40 cents mirroring gains of late Sep 2018. Technical Indicators By yesterday’s close, participation was low at 6 million averaging 14 million. Since we are bullish, we expect prices to spike. Complementing this is increment would be high volumes exceeding 60 million. The post IBM World Wire Loosen Banks, Bullish for Ripple (XRP) appeared first on NewsBTC.

4 days 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

4 days 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...

4 days ago

Crypto is Breaking Out, But Bitcoin (BTC) Still Needs To Surmount $4,400

Crypto Breaks 1Yr+ Downtrend Over recent weeks, the crypto market has embarked on a stellar rally. While some have described the price action as a “bull trap” or something of a similar nature, some evidence is pointing towards the fact that this market may be on the verge of a long-term rally, or at least a long bout of sideways movement underscored by a bullish trendline. The fact that Bitcoin (BTC) recently surpassed $4,000 has only somewhat cemented this theory. Nik Patel, a popular content creator in this space, recently took to Twitter to lay out his thoughts on the market. Citing the recent movement seen in the value of all digital assets, he noted that this sum has finally broken out of a 15-month downtrend resistance line, and is holding well above a short-term uptrend. Total Market Cap: Steadily rising volume since January, and we've now broken out of a 15-month downtrend. Bears in disbelief. pic.twitter.com/HwKdCSsqAl — Nik Patel (@cointradernik) March 17, 2019 Patel, much like many other crypto traders, then touched on the volume profile, explaining that the steadily rising increase has him slightly enthused. And with that, he concluded that more likely than not, bears are currently in a stage of disbelief, potentially setting a precedent for a further move to the upside. He adds that this ticker’s daily chart “does look bullish for the market.” But, it isn’t exactly that cut and dried. Firstly, the cryptocurrency market capitalization (CMC) still remains under its 200-day moving average, which has acted as a pseudo-resistance in this bear market and a pseudo-support in 2017’s rally. To surmount this level, CMC would need to surpass ~$145 billion or so, currently 10% above current levels. In a separate tweet, Patel touches on this, explaining that yes, we won’t be seeing all-time highs soon and that this budding market remains rangebound despite the casual trendline break. In case it needed to be mentioned: - no, we won't be seeing ATHs anytime soon- comments on this prove bears are in disbelief- we remain range-bound & breaking trendline resistance doesn't mean we're free of the bear market- comparing now to Nov '18 is stupid for many reasons https://t.co/QfwjgXZyk0 — Nik Patel (@cointradernik) March 17, 2019 Bitcoin Needs $4,400 In his most recent blog post, he touched on Bitcoin specifically, explaining what levels traders of the flagship cryptocurrency should watch in the near future. He notes that while there was a “bullish continuation” of last week’s positive-leaning momentum, and that BTC is holding above some key short-term supports, traders would be remiss to call for the moon. Patel explains that Bitcoin needs to close above $4,400 on solid volume to confirm that it is not rangebound, setting the stage for a further move to the upside. But, considering that BTC topped out its last rally at around $4,200 or $4,300, there may be some key resistance levels in the region to move past. Filb Filb, a preeminent trader, made a comment of a similar nature just recently. He explained that above $4,400 has a huge void in volume, and Bitcoin could thus move drastically higher from there if that auspicious level is reached. Title Image Courtesy of Descryptive.com Via Unsplash The post Crypto is Breaking Out, But Bitcoin (BTC) Still Needs To Surmount $4,400 appeared first on Ethereum World News.

4 days ago

Bitcoin (BTC) Over-Extended, Will It Pull Back To $3,500—800 Zone?

Latest Bitcoin News In one way or another, Bitcoin is now stable. And it wasn’t always calm waters and thanks to its whipsaws, analysts as well as traditional market influencers found new terms describing the world’s most valuable crypto asset. Jamie Dimon called it a scam before his corporation ironically launched the first ever inter-bank settlement private token, the JPM Coin. Read: Bitcoin Won’t Be $3,000 Cheap Again, Crypto To Trend Higher In April However, it is Charlie Munger, the vice chair of Berkshire Hathaway-whose head, Warren Buffet, is against the idea of crypto, that stole the show after calling it rat poison. Weeks later, Warren Buffet said Bitcoin was Rat Poison squared. Whether Bitcoin is a scam, a fraud, a Ponzi or rat poison, enthusiasts and builders are undeterred. For true believers eyeing the overall prize, it’s all about adoption which is encouragingly gathering pace and gaining traction especially after the launch of the experimental Lightning Network whose capacity now exceeds 1,000 BTC processing more than $4 million as a result. It has been a year or so after roll out but the benefits are beginning to permeate. Also Read: Here’s why The Bitcoin Lightning Network Capacity Exceeds $4.2 million More merchants are now accepting cheap, LN payments while those in Twitter can receive instantaneous tips via Bitcoin LN after Jack Dorsey endorsed Tippin.me. BTC/USD Price Analysis After a stellar week, Bitcoin prices are up but stable in the last day. Prices are up 1.6 percent from last week’s close but likely to add more in days ahead. From a top down approach, sellers have the upper hand and the situation has been made worse by the failure of buyers to completely reverse Feb 24 draw downs. As it is a bear bar, wide ranging and supported by above average volumes, bulls will be effectively in charge if prices close above Feb 23 highs as laid out in previous BTC/USD price analysis. Trend and Candlestick Arrangement: Bullish in short-term Within a Minor Breakout Pattern In the short-term, Bitcoin prices are held within a $1,300 consolidation with resistance levels at $4,500 or Dec 2018 highs and supports at $3,200. Those are 2018 lows from where prices found support and rode higher. Regardless, it appears as if Bitcoin (BTC) bulls have a temporary advantage over bears and trading within a bullish breakout pattern with supports at $3,800. Going forward, we shall borrow cues from our previous BTC/USD trade plan while expecting gains above $4,500 now that prices appear to be banding along the upper BB albeit with low participation levels. All the same and as emphasized before, every low should be a loading opportunity and the only time this position will be null is when prices dip below $3,800 cancelling projections based on the double bar bull reversal pattern of Mar4-5. Volumes: Bearish Despite our optimism and expectations of price revival, our anchor bar is based on Feb 24. It is bearish and fueling this liquidation are high volumes at 36k versus 19k average. Since the past three weeks prices are trading within this bar’s high low, it means sellers have the upper hand unless of course there is a spike in prices driving prices above $4,500 complete with high transaction levels exceeding 40k. it is only through this route that bulls of Feb 18—37k versus 12k would be in charge as prices edge closer to $4,500. All charts courtesy of Trading View—BitFinex This is not investment advice. Do your own research. The post Bitcoin (BTC) Over-Extended, Will It Pull Back To $3,500—800 Zone? appeared first on Ethereum World News.

4 days ago

Ethereum Price Analysis: ETH Turned Vulnerable Below $140

ETH price failed to climb above the $140-141 resistance area and declined against the US Dollar. The price even broke the $137 support level and traded to a new weekly low near $135. This is a major bearish trend line formed with resistance at $140 on the hourly chart of ETH/USD (data feed via Kraken). The pair may extend the current downside correction if it fails to surpass the $140 resistance area. Ethereum price is slowly moving into a bearish zone against the US Dollar and bitcoin. ETH is now at a risk of a bearish reaction if it fails to climb above the $140 hurdle. Ethereum Price Analysis Yesterday, we saw the start of a downside correction in ETH price from the $144 swing high against the US Dollar. The ETH/USD pair declined below the $140 support level and traded close to the $137 level. Later, there was an upside correction, but the price failed to clear the $140-141 resistance area. The price also failed to climb above the 61.8% Fib retracement level of the last slide from the $144 swing high to $137 swing low. As a result, there was a fresh drop and the price even broke the $137 support level. A new weekly low was formed near the $135 level and the price is currently correcting higher. It moved above the $137 level and the 100 hourly simple moving average. There was a break above the 50% Fib retracement level of the recent decline from the $141 high to $135 swing low. However, there is a strong resistance formed near the $140 and $141 levels. There is also a major bearish trend line formed with resistance at $140 on the hourly chart of ETH/USD. An immediate resistance is just below $140 and near the 61.8% Fib retracement level of the recent decline from the $141 high to $135 swing low. To resume the last bullish wave, the price must break the $140 resistance and the trend line. If buyers fail to push the price higher, there are chances of a fresh drop below the $135 swing low. Looking at the chart, ETH price is currently correcting the last week’s gains from the $128 swing low. It is approaching a couple of important supports such as $135 and $136. Having said that, if it fails to climb above the $140-141 resistance area, there is a risk of a downside correction below $135. ETH Technical Indicators Hourly MACD - The MACD for ETH/USD is slowly gaining pace in the bullish zone. Hourly RSI - The RSI for ETH/USD spiked above the 50 level and it is currently moving higher towards 60. Major Support Level - $135 Major Resistance Level - $140 Ethereum Price Analysis: ETH Turned Vulnerable Below $140 was last modified: March 19th, 2019 by Aayush JindalThe post Ethereum Price Analysis: ETH Turned Vulnerable Below $140 appeared first on NewsBTC.

4 days 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.

4 days ago

Citibank está preparando o terreno para usar a Ripple (XRP)?

O Citibank desistiu de apostar em qualquer tecnologia própria voltada para as criptomoedas. Isso nega qualquer envolvimento do banco com o ativo digital “Citicoin”. Com essa afirmação, a empresa poderá aproveitar ecossistemas que já ofereçam soluções financeiras totalmente integradas à tecnologia blockchain. O gigante Citibank foi apontado como um das recentes instituições financeiras que decidiu apostar em criptomoedas. O banco estaria envolvido em um projeto similar ao anunciado pela JP Morgan no mercado há pouco tempo atrás. Contudo, parece que o banco não deve apostar em uma criptomoeda própria. Desse modo, o caminho pode estar aberto para a Ripple (XRP), a “queridinha” dos bancos. Chefe de inovação do Citibank cita SWIFT como alternativa a Citicoin Sem citar a Ripple, o Citibank esclareceu que deverá usar sistemas que já existem no mercado. Por outro lado, o chefe de inovação do banco citou o SWIFT. Embora o sistema de liquidações transfronteiriças ainda não apresente a tecnologia blockchain, essa pode ser uma solução encontrada pelo banco norte-americano. Em relação a tecnologia SWIFT, o próprio sistema de pagamentos reluta para incorporar a tecnologia blockchain em seus serviços. Em vários momentos rumores apontavam uma parceria entre a Ripple (XRP) e a SWIFT. Caso isso aconteça, a Ripple (XRP) poderia ver seu preço explodir, graças ao volume de transações que ganharia com a integração a tecnologia blockchain. Porém, por enquanto tudo isso não passa de especulação do mercado. Para Gulru Atak o banco deve integrar alguma tecnologia já existente em seus serviços. Dessa forma, empresas como a Ripple pode ser uma das grandes cotadas para oferecer soluções via blockchain para o Citibank. “Decidimos fazer melhorias significativas nos trilhos existentes, aproveitando o ecossistema de pagamentos”. Banco está preocupado em oferecer melhorias para tecnologia blockchcian Para Gulru, o Citibank deverá apresentar soluções relacionadas a tecnologia blockchain. O executivo acredita que essa tecnologia deve apresentar melhorias. Sendo assim, a instituição financeira deverá propor mudanças em algum sistema e ou tecnologia existente, em busca de adequar o produto as necessidades do banco. A Ripple possui uma tecnologia que pode ser considerada um ecossistema completo de pagamentos. Vários bancos já utilizam a tecnologia Ripple em suas transações. Dessa forma, o Citibank poderia ser o próximo, explorando a tecnologia blockchain da criptomoeda que possui softwares voltados para a liquidação de pagamentos e transação de fundos. Saiba mais em Citibank está preparando o terreno para usar a Ripple (XRP)?

4 days ago

Confira 4 criptomoedas que merecem atenção em 2019

Nem todas criptomoedas alternativas (altcoins) conseguem fazer tanto sucesso no mercado. Em vários casos, muitos investidores até esquecem que algumas criptomoedas estão entre as maiores do mercado, por exemplo. De esquecidas à impopulares, essas 4 altcoins podem surpreender ainda em 2019, confira: VeChain (VET) A VeChain (VET) está entre as 25 maiores criptomoedas do mercado em volume de capitalização. Embora esteja entre as maiores, nem todos os investidores já ouviram falar sobre essa altcoin. Por outro lado, a VeChain (VET) já surpreendeu em 2019, ao conquistar os melhores desempenhos em algumas ocasiões no mercado. Com mais de US$ 300 milhões de capitalização, a VeChain (VET) pode crescer neste ano, caso o mercado de ativos digitais reaja positivamente nos próximos meses. Tudo indica que essa altcoin apresentará melhorias em seu projeto. Sendo assim, o envolvimento da VeChain (VET) com projetos do setor automotivo, mercado de luxo e logística podem consolidar essa altcoin no mercado. Factom (FCT) A Factom (FCT) pode não ser uma altcoin nova no mercado, mas seu desempenho em 2019 já deu o que falar. Em vários momentos de valorização de todo o mercado essa criptomoeda viu seu preço subir expressivamente. Contudo, o plano ambicioso da Factom (FCT) pode colocar essa altcoin em evidência. Com um projeto voltado para a integração de blockchains distintas, a Factom (FCT) poderá apresentar em breve um novo ecossistema ao mercado. Isso significa mais inovação para essa altcoin, que está entre as 80 maiores atualmente. Com quase US$ 61 milhões de capitalização, a Factom (FCT) poderá ver seu preço disparar após seu novo projeto ser lançado. Para isso a criptomoeda fechou uma parceria com o Systems Planning and Analysis (SPA). Waves (WAVES) No começo de 2019 a Waves (WAVES) surpreendeu o mercado com uma enorme valorização. Em alguns momentos esse ativo digital também esteve entre os dez melhores desempenhos do mercado, em análises diárias. Subestimada por todos, a Waves (WAVES) também está entre as 25 maiores criptomoedas e possui quase US$ 280 milhões de capitalização. Com um preço rondando os US$ 3 novamente, a Waves (WAVES) pode surpreender em 2019. Com uma rede inteligente, que gera taxas para seus utilizadores, a plataforma Waves pode ganhar ainda mais adeptos ao longo do ano. Além disso, a altcoin está voltando suas atenções para criar um ecossistema criptográfico envolvendo a indústria de games. Nexo (NEXO) A Nexo (NEXO) talvez seja a altcoin mais impopular da lista. Essa criptomoeda está quase saindo do ranking das cem maiores e possui uma capitalização de quase US$ 50 milhões. Por outro lado, o projeto da Nexo (NEXO) pode colocar esse ativo digital entre os maiores do mercado. Ainda pouco difundido, o mercado de empréstimos envolvendo criptomoedas será completamente promissor. É apostando no crescimento deste setor que a Nexo (NEXO) apresenta sua tecnologia, ao criar um sistema integrado de empréstimos via tecnologia blockchain. Saiba mais em Confira 4 criptomoedas que merecem atenção em 2019

4 days ago

Best Cryptocurrencies With A Working Product

Before investing in cryptocurrencies, many investors settle for projects that have a fully working product or service. Notably, a working cryptocurrency project should be active and available to the general public. These projects are used by individuals and businesses for decentralized applications, smart contracts or cryptocurrency payments. Before qualifying as a working project, a cryptocurrency should have a release history, achieve key milestones, release a real product, early adoption, and have any user base. However, the market has projects that consider their mainnets as working products without any notable adoption. In this guide, we have some of the best cryptocurrencies with a working product. All these projects share a few things in common. They have a strong team, robust community and they have long term viability. Basic Attention Token (BAT) The Basic Attention Token is already a working project integrated with the Brave browser. At the moment, Brave browser has about three million users both on desktop and mobile version. This user base makes BAT one of the most popular cryptocurrency working projects. The browser’s main goal is to enhance the privacy of users. Brave seeks to offer fast and secure browsing experience without adverts courtesy of the inbuilt ad blocker. This concept is different from peers like Google Chrome and Firefox. Under the Brave business model, content creators earn through the BAT token. Furthermore, readers can distribute BAT tokens to their favorite content creators. Brave users also earn through BAT by browsing compatible websites. Users can agree to replace usual adverts, with anonymous adverts from Brave to get payments. According to the BAT team, users can earn up to 70% of revenue from the adverts. BAT seeks to revolutionize the online advert system by blocking adverts. It plans to pave a new way of adverts with a focus on user attention, rethinking the way online adverts are delivered. In this case, BAT token acts as the currency to facilitate the sale of advertising space to content creators. The future of BAT heavily depends on the growth of Brave browser’s advertising model. However, with the rapid rise of Brave, BAT’s prospects seem promising. VeChain Thor VeChain Thor is a blockchain platform for the supply chain management system. The project uses the tamper-proof and distributed ledger technology. With VeChain, both retailers and consumers can find out the quality and authenticity of the products they purchase. Through the project, it is easy to track all supply chain information like materials used and service history. Stakeholders record and verify this information to build a secure supply chain ecosystem. Furthermore, VeChain deploys numerous smart chips alongside the blockchain to monitor products. These chips have the capability of being rolled out in IoT systems and items like QR codes, RFID trackers, and NFC chips. VeChain is a promising project that deploys two main tokens. We have the VeChain Tokens (VET) and VeThor Tokens (VTHO). The two tokens work as GAS where VET is for staking VTHO. The former pays tokenized transactions. Furthermore, VET offers holders a higher priority and more rights on blockchain services. Any VET holder receives VTHO for performing smart contracts and operating apps. The supply chain is a huge industry and VeChain Thor’s growth is just a matter of time. The industry has massive moving parts. Everything involved in getting everything you buy, from gas to food, clothes, and drugs has a supply chain. VeChain has also formed a partnership with the Government of China, along with numerous international firms. The platform has partnered with Healthcare Co Ltd, Hyperledger, Jiangsu Printed Electronics Co Ltd, Kuehne & Nagel, Microsoft, PwC among others. These partnerships are positioning VeChain as the disruptive, and innovative force for reshaping the supply chain management industry. This means that the value of VET is set for positive gains. Enjin Coin Enjin coin is a blockchain gaming frontier. The coin is an ERC20 token from the Ethereum network. Based on the development platform, the Enjin coin works as a cryptocurrency. Furthermore, it has smart contract capabilities. The Enjin team created the coin around gaming with the aim of transforming the asset as the most used digital currency in the industry. Developers can integrate Enjin coin and software development kits in gaming communities. With the rollout of gaming in the blockchain, we have a reduction in fees and fraud cases. Enjin Coin is also spearheading the development and management of virtual goods to the gaming industry. Developers can set up a currency specifically for their community supported by Enjin coin as the base currency. In return, the coins are able to get benefits of the blockchain like speed. In the end, we have an interlinked ecosystem of games and communities that allow movement of assets between different platforms. Notably, every asset is

4 days ago

Weekly roundup March 11 - March 15

Another week has passed as the crypto space trudges through 2019 into the middle of March. The headlines rolled in while bitcoin’s price remained in a similar range as last week. Check out the details from this week: Bitcoin price still in the trenches of uncertainty Bitcoin’s continued to fluctuate in the upper $3,000 range for most of this week. The asset still appears indecisive in its pursuit of further downward movement, or a change in trend to the upside. Bitcoin’s daily chart, however, showed the 50-day moving average (MA) headed for a possible bullish crossing of the 100-day MA. Read on Crypto Insider Paxos plans to tokenize multiple real-world assets Paxos announced its intention to release new digital assets “backed by precious metals and publicly traded stocks,” as stated in an article from Fortune detailing an interview with Paxos CEO Chad Cascarilla on Fortune’s show - “Balancing the Ledger.” Paxos already experimented on transactions with tokenized equities and bonds with success, Cascarilla said to Fortune, including, “We’re getting pretty close, and I think we’ll see it in 2019.” Cascarilla also mentioned work with blockchain-based commodities. He expects a gold-based blockchain asset to see introduction in 2019. Although, Fortune noted Paxos still waits on a green light from the U.S. Securities and Exchange Commission (SEC). Read on Crypto Insider SEC chairman brings clarity on ETH security classification Last July, William Hinman, SEC director of corporate finance, made comments in a speech on ethereum’s (ETH) status as a security, as reported by Coin Center. “Based on my understanding of the present state of Ether, the Ethereum network and its decentralized structure, current offers and sales of Ether are not securities transactions,” said Hinman in the speech. For additional clarity on the matter, Coin Center, along with Representative Ted Budd, sent a letter to SEC chairman Jay Clayton. On March 12, 2019, Coin Center reported Clayton responded with a letter, in which he included many different references to various situations. Essentially, he stated some digital assets may begin as securities, but might morph out of security status depending on alterations to the asset over time. Clayton also said in the letter, “I agree with Director Hinman’s explanation of how a digital asset transaction may no longer represent an investment contract if, for example, purchasers would no longer reasonably expect a person or group to carry out the essential managerial or entrepreneurial efforts. Under those circumstances, the digital asset may not represent an investment contract under the Howey framework.” Read on Crypto Insider Coinbase Pro lists Stellar Lumens (XLM) Wednesday saw Coinbase announce the listing of Stellar Lumens (XLM) on its Coinbase Pro exchange for supported regions, via a blog post. Coinbase Pro opened for XLM deposits on March 13, 2019, according to the post. XLM will go through Coinbase Pro’s typical four-stage listing process, ending in full trading. Available trading pairs mentioned are XLM/USD, XLM/EUR and XLM/BTC. Read on Crypto Insider Ex-CEO of Mt. Gox found “not guilty” A Japanese jury found former Mt. Gox CEO Mark Karpeles “not guilty” regarding embezzlement and company law violations, according to a report from Crypto Insider. The Tokyo District Court did, however, conclude Karpeles to be guilty of “tampering with records,” Crypto Insider reported. Additionally, Karpeles faces legal action from two Mt. Gox customers, Gregory Greene and Anthony Motto, who reportedly lost their funds on Mt. Gox, Crypto Insider included. Read on Crypto Insider This week Crypto Insider also interviewed Elizabeth Powell, managing director at Steemit, and wrote articles on the new “Crypto” movie, Timechain as Satoshi’s vision and crypto in the developing world, as well as several other topics. The post Weekly roundup March 11 - March 15 appeared first on Crypto Insider.

4 days ago


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