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Showing posts from August, 2018

SEC Stays Wednesday Decision Denying Bitcoin ETF Applications, Commission Will Review

Peirce — who criticized the agency’s recent disapproval of a Winklevoss-backed bitcoin ETF — posted a copy of a letter, sent by the agency and addressed to NYSE, attesting to the fact that the chairman and commissioners will personally review the applications to determine whether SEC staff ruled appropriately. The letter does not give a timetable for when the Commission will make that determination. Developing…

Trends Of Blockchain Technology Is Now Rising Over The World Of Digital Marketing

As the competition in the IT sector grows on the graph, digital marketing has become the key aspects for almost every business to stand out from their competitors. Since the trend of digital is highly impossible to descend, the adoption of blockchain technology in this era seems a lot more impressive. WHAT IS BLOCKCHAIN TECHNOLOGY? You might have heard about Bitcoin, the digital cash which is moving up and down in terms of volume. Bitcoin is a cryptocurrency which is completely decentralized, means that it runs cross-border (across the world) without the involvement of central authority. This type of cryptocurrency/Bitcoin is built on a technology called Blockchain where the records of transactions are created as a digital ledger. Since it is digital, the transactions cannot be altered or deleted which makes it as the best possible solutions for industries like Political, stumbling on identity & personal data, banking & financial sectors, healthcare and digital marketing as...

CargoCoin ICO at Glance

Token Symbol/Ticker:  CRGO Blockchain the token is made on:  Ethereum ICO dates:  15-04-2018 - 31-12-2018 Token price:  1 USD Soft and Hard Caps: Soft-cap: 5 mln USD Hard-cap: 55 mln USD [embed]https://youtu.be/ys0__ZB3uBU[/embed] CargoCoin is designed to be a smart contract, crypto currency platform, decentralising global trade and transport. The platform target is to facilitate and optimise the interaction amongst traders, freight forwarders, shipping lines, booking agents as well as all other parties involved in the international trade and transport of commodities and cargoes. The platform users experience outlines well-balanced ecosystem based on cutting edge crypto security and frictionless interaction. ​CargoCoin objective is to provide a global marketplace environment and utilities for facilitation of trade, transport, exchange of documents and payment options at low cost in real time. The platform architecture is based on the principles of high level ...

Blockfreelancer ICO at Glance

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Token Symbol/Ticker: BFC Blockchain: Ethereum ICO dates: 11/9/2018 - 2/10/2018 Token price: $0.09 Soft and Hard Caps: Soft cap: $1360000 Hard cap: $17860000 Blockfreelancer  is a decentralized, transparent, lucrative system for freelancers,employees and companies,using the Ethereum blockchain and smart contract.Our solutions includes freelancers and job marketplace, skills and reputation verification system in a totally decentralized and transparent platform.Now freelancers, full-time employee and companies can meet without boundaries. ​Any one can make money from Blockfreelancer regardless of your age status, whether you"re a stay-at-home mummy,student,disabled,or need ways to make extra money.Now companies will save cost and the hustle of hiring, with our one leap decentralized ratings and skills verification system. Social media and other useful links https://blockfreelancer.com/tokensale/ https://www.facebook.com/blockfreelancer/ https://t.me/joinchat/Isg4fxBIUNevym...

DAEX ICO at Glance

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T​oken symbol:  DAX Token blockchain:  Ethereum KYC Starts:  8th August, 1PM GMT KYC Ends:  8th September, 1PM GMT Sale Starts:  9th September, 1PM GMT Sale Ends:  14th September, 1PM GMT Token sale price:  $0.07 Soft cap:  7,000ETH     ​Hard cap:  10,000ETH The Global DAEX Foundation ( www.daex.io ) are the creators of DAEX (Digital Assets Exchange), an open and distributed clearing ecosystem for cryptocurrency exchanges. The goal of the project is to alleviate the responsibilities of centralized exchanges by providing them with identity authentication, asset registration, asset clearing and asset settlement services. ​Centralized exchanges who are part of the ecosystem will remain in control of matching trades, although the aforementioned services will be provided by DAEX using distributed ledger technology and smart contracts. With a wide range of products, the ecosystem will provide several benefits t...

Promax 7.2: The Most Effective and Powerful among the Ethereum Miners launched

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The developers have offered the market with high-specs GPU based Ethereum miners which were used all over by the enthusiastic miners. However, these former miners are still less productive, consuming too much power, not efficient, and lack of profitability for sure. So, is it the end? Of course not, in fact, the solution of the problems is already available and this monster called Promax 7.2. The most productive GPU based Miner Promax 7.2 is actually on their third batch. Since launched Promax 7 has grabbed in public attention due to a revolutionary Multi -Mining crypto currency feature. Promax 7 eth miner can effectively mine Ethereum ,zcash, monero and so on. The miner is said to generate 3710 MH/s. For mining the zcash, Promax 7.2 can generate 59484 Sol/s of Hash Rate. It hashing performance is far better than the one’s already available in the one.  Promax 7.2 advanced performance is actually the result of 68 Nvidia p102 graphic cards. Since the miner is built in with inv...

NEW YALE STUDY: EVERY PORTFOLIO SHOULD INCLUDE 6% BITCOIN (AT LEAST)

A new research paper published by an Economics Professor at Yale University recommends a portfolio with at least 6% in Bitcoin.   ADDING BITCOIN TO YOUR INVESTMENT PORTFOLIO   According  to Professor Aleh Tsyvinski, Bitcoin should be an imperative part of your portfolio, regardless of whether you are enthusiastic about the cryptocurrency or not.   For an optimal construction of one’s portfolio, the economist holds that Bitcoin should account for at least 6 percent of it. Those who are less enthusiastic about the world’s most popular cryptocurrency should hold 4 percent of it.   In any case, though, regardless of your position on the matter, Bitcoin should comprise a minimum of 1 percent of your portfolio just for diversification purposes.   The study seems to fall in line with the observations of another scholar – Professor Dragan Boscovic from the Arizona State University.  Speaking  on the matter of cryptocurrencies, he noted: ...

BINANCE UNVEILS DECENTRALIZED EXCHANGE AMID DOUBTS OVER ETHOS

Major cryptocurrency exchange Binance has revealed a “rough, pre-alpha” demo version of DEX, its own decentralized exchange which could ultimately take over from its current platform. ‘A BIG STEP’   Introducing a video walkthrough of the exchange, CEO Changpeng Zhao said developers were “very aggressively” on getting a usable product to market.   The DEX demo is the first major event on the timeline of the Binance Chain project, the public Blockchain, which the exchange  formally announced  in May.   “As a public blockchain, Binance Chain will mainly focus on the transfer and trading of blockchain assets, as well as provide new possibilities for the future flow of blockchain assets,” a blog post issued at the time reads.   Binance Chain will focus on performance, ease-of-use, and liquidity. Binance Coin (BNB) will be upgraded to exist on its own blockchain mainnet, becoming a native coin. At the same time, Bin...

Bitcoin Cash Acceptance Grows — Dish Network and Flow Partner With Bitpay

This week Bitcoin Cash (BCH) proponents will be pleased to hear that more merchants can now accept bitcoin cash due to the crypto-payment processing firm Bitpay announcing a few strategic partnerships this week. The first announcement stems from the subscription television channel provider, Dish, who announced on August 9th that BCH is now accepted as a payment option after collaborating with Bitpay. Further Bitpay joined forces with the firm Flow.io and BCH payments can be used with global cross-border e-commerce platform on more than 60 different payment methods across 200 countries. Television Network Dish Now Accepts Bitcoin Cash   Bitcoin cash payments can now be used to pay for television subscription services with the company Dish after the firm announced migrating away from its former payment processor to Bitpay. The partnership allows Dish customers to utilize their bitcoin cash to pay for monthly subscriptions, and pay-per-view movie events. The company says as ...

The ICO Market Has Hit the Brakes

The ICO economy succumbed to a dramatic decline in Q2 of this year. Such was the extent of the slump that its pushed the average ROI for ICOs into the red for the first time since records began. New figures released this week show the severity of the great ICO slowdown. Token Sales Are in Trouble   The fact that most ICOs from the last quarter are mired in the red will come as no surprise: anyone who’s glanced at their portfolio in the last 90 days will have deduced that much. New figures from  ICOrating.com  reveal the extent of the decline, but do provide a glimmer of hope for certain segments of the market. A detailed report highlights a number of interesting trends, the most headline-grabbing being the fact that despite an increase in funding, from $3.3 billion in Q1 to $8.3 billion, 50% of ICOs in Q2 failed to raise more than $100,000.   Other noteworthy statistics include: Only 7% of ICOs from Q2 have been able to secure listings 55% of all ICOs from th...

The Trillion-Dollar Bottleneck Solving the Crypto Custody Issue

After strong gains by Bitcoin and other cryptocurrencies at the start of July, a downturn arrived a month later. Over a ten-day span the total market cap of cryptocurrencies cratered by 26 percent, from $297 billion down to $221 billion (8/9/18), according to  CoinMarketCap . The market loss of    $76 billion erased more than all of the gains made in July.   A  Bloomberg News report  revealed a massive margin call was made on a wrong-way trade as the likely cause behind the sharp drop in the market.   But Goldman Sach’s chief investment officer  Sharmin Mossavar-Rahamani added  fuel to the fire , declaring: “…We expect further declines in the future given our view that these cryptocurrencies do not fulfill any of the three traditional roles of a currency: they are neither a medium of exchange, nor a unit of measurement, nor a store of value.”   Yet, within the same week,  Goldman spoke from the other sid...

Crypto News Flash: Bitcoin, Ethereum, Tron, EOS, Binance, Litecoin

From a big pile of EOS bounties to toilets on the Tron blockchain, here’s a look at some of the stories breaking in the world of crypto.   EOS   EOS has handed out the vast majority of all bug bounties on record. To date, the company has  rewarded  hackers with more than $440,000 for finding loopholes in its platform. According to  Hard Fork , that’s two thirds of all crypto bug bounties in 2018.   Tron (TRX)   Tron is putting toilets on the blockchain. A new  partnership  with China-based portable toilet maker MOSHROOM will let people pay to use the bathroom via cryptocurrency. The companies will begin by targeting Southeast Asia and India.   Bitcoin, Ethereum and Litecoin   A new  poll  from the American Institute of CPAs finds that 48% of Americans are completely unfamiliar with Bitcoin, Ethereum and Litecoin.   Of those who are familiar with cryptocurrencies, 24% think they will rise in value over...

World Bank Mandates Commonwealth Bank of Australia to Issue Bond Using Blockchain Tech

Commonwealth Bank of  Australia  (CBA), the largest  bank  in the country, has been mandated by the World Bank to arrange a  bond  issue exclusively on a  blockchain , according to a press  release  Aug. 10. CBA will reportedly arrange the first bond globally to be “created, allocated, transferred, and managed using blockchain technology.” The Blockchain Offered New Debt Instrument (bond-i) will be issued and distributed on a blockchain platform under the operation of the  World Bank  in Washington, and CBA in Sydney. The two organizations are using a private  Ethereum  blockchain, but the CBA “remains open” to alternatives as “other blockchains are developing rapidly.”  Microsoft  conducted an independent review of the platform to assess its security and resilience. CBA Executive General Manager of Institutional Banking & Markets International James Wall said: “We...

After a Catastrophic Week, Crypto Markets Rally Forth Into the Green

August 9: The summer crypto rollercoaster continues, as the market sees a healthy rebound into the green after sustaining  major losses  yesterday. On August 8  total market capitalization had shrunk to $219 billion –– its  lowest level  since mid-November 2017. In today’s upward bounce, virtually all of the major cryptocurrencies have posted gains, as data from  Coin360  shows.   Bitcoin  (BTC) is trading at a solid $6,500 at press time, up around 3.2 percent on the day. The leading cryptocurrency shot up around $300 within the space of two hours earlier today, from $6,229 to $6,528. Having since slightly corrected downwards, the coin is nonetheless trading $330 higher at press time than its 24-hour low at $6,144. Bitcoin’s weekly losses however remain at a stark 14 percent, with a more modest 3.5 percentage loss on the month.   While today’s sprightly uptick may assuage some edgy crypto nerves,  Dogec...

Web Browser Brave to Add Cryptocurrency-Based Twitter and Reddit Tipping

Those thousands of hours you spent crafting witty memes while you should have been doing your algebra homework may finally earn you more than retweets and Reddit karma.   CNET  reports  that Brave, the privacy-centric web browser launched by Mozilla co-founder Brendan Eich and funded by an  initial coin offering  (ICO), plans to roll out Reddit and Twitter tipping to its native cryptocurrency payments system.   After manually enabling the payment system through the browser’s settings page, users will be able to link their social media accounts to their in-browser  Basic Attention Token  (BAT) wallets and both tip and accept tips from other users.   “The model will be tipping — a user likes a tweet and can give BAT to the tweeter, and optionally tweet back that he tipped,” the company said, adding that the feature would go live later in the year.   As CCN  reported , Twitch streamers and YouTube channel operat...

Satellite TV Giant DISH Network Now Accepts Bitcoin Cash

Bitcoin cash has been confirmed as the second cryptocurrency payment option by subscription model pay-TV provider, DISH.  As announced on the company’s website , in addition to bitcoin which was adopted in 2014 as a payment system, subscribers can now pay for services using bitcoin cash.   Since 1980,  DISH Network Corporation  has played a significant role in the evolution of pay-TV. The company provides services to millions of customers across the globe through its numerous subsidiaries. The services include satellite DISH TV and streaming Sling TV services. The company also operates a national in-home installation workforce and advertising solutions among other services. Maintaining Brand Versatility   The adoption of bitcoin cash by DISH happens at a time when the company is also migrating to  BitPay  as a new blockchain payment processor for cryptocurrency transaction with customers.   John Swieringa, executive vice president and chief ...

100% Benefits, CBNT Disrupting the News System

CBNT (cbnt.io), a decentralized news, and content sharing community will build a well-designed incentive system to create a win-win ecosystem for all participants, including content/articles providers, content readers (viewers), ad publishers, and token holders. In the CBNT community, whether you are content generators or content viewers, both sides can receive tokens “Mining Rewards”. As CBNT grows and traffic boosts, all the profit of numerous ads will also be distributed to all of the participants.   Innovation in the CBNT community: participating is mining; 100% benefit exchanging; Decentralized Autonomous Organization (DAO); practicing decentralized self-operation management of “group wisdom”. All participants in this ecosystem can get 100% corresponding rights and benefits, thus to achieve a win-win system of "content, traffic, and advertising."   In the past, the seriously unequal relationship between the media companies, content creators, and re...

CRYPTOCURRENCY REMAINS POPULAR IN SOUTH AFRICA, BUT SCAMS AND QUESTIONS STILL LOOM

Sales for an exclusively African cryptocurrency opened up in August to those with a South African bank account — seemingly capitalizing on virtual currency’s popularity in the nation. Despite growing interest, however, scams and fraud are still rife in the country.   Cryptocurrencies like Bitcoin have seen a surge in popularity across South Africa as the nation grapples with growing political and economic uncertainty.   The nation has  made international headlines  as the ruling African National Congress (ANC) and President Cyril Ramaphosa discuss contentious land reform policies in a country facing high unemployment rates and liquidity crises.   As a result, more and more citizens are researching virtual currencies, and rising trade volume inside of the country has also been seen. Research from a pan-African investment bank in July  revealed how 38 percent of South Africans “wish they had invested” in cryptocurrency.   Legal re...

MULTIPLE COMPANIES TESTING OUT CRYPTOCURRENCY FROM MESSAGING APP KIK

Messaging service Kik unveiled their own cryptocurrency last year, partially as a way to set it apart from the competition. A growing number of companies are now trying out Kik’s ‘Kin’ virtual currency and associated application for their own usage.     Kik, well-known for their  popular ad-free messaging service , had a  highly successful  $100 million ICO last year.   The company’s Kin token is designed to help users get rewards for finishing activities like surveys and quizzes and for watching interactive videos. Kik has teamed up with Blackhawk Network to also let users trade in rewards for gift cards from places like Dominos, Nike, and Sephora.   Companies like Red Bull and Swarovski have been recently experimenting with Kin in order to give fans tokens in exchange for answering survey questions.   Now even more  companies have taken an interest  in Kin’s  exclusive  Android app, Kinit, which ...

Exchanges Round-Up: Goldman Considers Crypto Custody, SA Exchange Launches USDT

Goldman Sachs Exploring Crypto Custody Services   Bloomberg  has  reported  that leading financial services company, Goldman Sachs Group Inc., is exploring cryptocurrency custody as a potential future product. According to “people familiar with the matter,” Bloomberg wrote that the firm “is considering a plan to offer custody for crypto funds.”   A spokesperson for Goldman Sachs stated: “In response to client interest in various digital products we are exploring how best to serve them in this space. At this point, we have not reached a conclusion on the scope of our digital asset offering.”   A lack of established custodians in providing cryptocurrency services has increasingly been perceived as a barrier to institutional investment into virtual currencies in recent discourse, with Blake Estes of Alston & Bird  stating  last month: “So much of the security of bitcoin and other cryptocurrency rests with...

Electron Cash Wallet Now Available for Basic Feature Phones

Electron Cash Can Now be Installed on Nokia Style Feature Phones   Last February the Electron Cash lead developer, Jonald Fyookball,  announced  the development team would be funded by the firm Coingeek, and Electron Cash would launch a bunch of new features over the course of the year. So far the team has launched a  new iOS version  of the wallet and added a  Coinshuffle plugin  to the client’s desktop version. Now, this week the Electron Cash team has released a Java Micro-Edition of the wallet (J2ME) which makes the client available to feature phones much like the popular and less sophisticated Nokia phones.   “Electron Cash published a new wallet: The ‘J2ME’ version of Electron Cash. J2ME stands for Java Micro-Edition,” the  Electron Cash lead developer  explained in an  interview  with the publication Coingeek.   "With Electron Cash for J2ME, now users who only have access to basic ...

Former Charles Schwab Exec Joins SEC-Registered Company to Develop Crypto Settlement Network

San Francisco-based SharesPost, Inc. has named Nick Grabowski as Chief Technology Officer. The former Vice President of Application Architecture and R&D at Charles Schwab has led teams of application and systems architects, designers and engineers in building enterprise-class financial services platforms.   SharesPost  is a liquidity provider to the private technology growth asset class. A FINRA-registered broker-dealer, SEC-registered Alternative Trading System (ATS) and registered investment advisor, the company has more than $4 billion in secondary market transactions in shares of more than 200 leading technology companies.   “Our strategy is to create a single, global marketplace for traditional and digital securities of private growth companies. Connecting U.S. and Asian investors and companies on our ATS is a key objective in realizing that vision,” says SharesPost founder and CEO, Greg Brogger. Grabowski, who joins the firm’s executi...

Traditional European Banks Integrating Bitcoin and Crypto Into Banking Services

Traditional European financial institutions are integrating Bitcoin and cryptocurrencies into their services. Switzerland, Germany and Liechtenstein are at the forefront with Maerki Baumann & Co. AG, Falcon Private Bank and Bank Frick serving clients in crypto-related businesses and services. Switzerland   Zurich-based Maerki Baumann & Co. AG has announced that it  will be accepting  cryptocurrencies, according to a report by International Investment. The bank serves private clients, institutional clients and external asset managers.   Due to money laundering regulations and concerns, most banks are rejecting cryptocurrency deposits. To limit the scope of origin and the due diligence involved in tracking the source of the digital assets, Maerki Baumann is accepting crypto deposits only from payments received for services rendered, including mining.   International Investment reports,   ”Maerki Baumann closely monitors the d...

Ripple May Face a Fourth Lawsuit Claiming XRP Is a Security – Law Firm Announces New Investigation

Ripple may face a fourth lawsuit connected to the legal classification of the cryptocurrency XRP.   Rosen Law Firm says it is  investigating  whether Ripple Labs, Inc. violated federal securities laws in connection with its sale of XRP.   The New York-based firm says it “represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.” It also says it is preparing “a class action lawsuit to recover losses suffered by purchasers of Ripple’s XRP tokens.”   Ripple has already been hit with  several class-action lawsuits filed in California  claiming XRP is a security.   May 3 – Law firm  Taylor-Copeland files  a class action suit in San Francisco, California against Ripple Labs Inc, XRPII LLC and CEO Bradley Glaringhouse. June 5 – Law firm  Robbins Arroyo files  a class action suit in San Mateo, California again...