• Cashout in 6 Seconds: ORCA Solution for Instant Crypto to Euro Withdrawals Will Cure Head-Aches for Crypto Users
    Want to cash out Ethereum or other cryptocurrencies from an exchange instantly without paying ridiculous fees? ORCA can help you. The passage linking cryptocurrencies together regular finance is being laid. Yesterday ORCA Alliance has presented their technological case for the community during a live event streamed online. Mere 6 seconds. That’s how long it took ORCA to complete a transfer from a cryptocurrency exchange straight to user’s bank. The demonstration was opened by Laurent Bourquin, Chief Operating Officer of ORCA and former investment bank analyst who presented the changing landscape of global finance. L. Bourquin claimed: The whole banking sector is being disrupted <…>. A couple of years ago it had been inconceivable to think that a start-up can enter the closed market of retail and investment banking and take over a part of its market share. According to him, new IT-based market players are challenging banks and providing cheaper, more efficient services. To intensify the changes further, Open Banking is already making it’s way to Europe while other countries are watching closely to jump onboard. Most importantly, cryptocurrencies are capturing people’s attention and have become the most recent trend widely discussed in the world of finance, especially due to ... read more
    Source: BitcoinistPublished on 2018-06-14By Bitcoinist.net
    6 months ago
  • Bitcoin a ‘Valued Investment Opportunity’ Says Arizona State University Professor
    A slight beam of good news shines over the bleeding cryptocurrency market as Arizona State University Professor Dragan Boscovic discusses the future of Bitcoin from a trading standpoint. The scholar seems to think that Bitcoin is regarded by investors as a ‘valued investment opportunity’. Dragan Boscovic is a computer science research professor at Arizona State University (ASU) and also a director of the Blockchain Research Lab – a project that aims to further the development blockchain-based technology’s applications. In a recent interview with ASU Now, Boscovic offers his insight on Bitcoin’s past, present, and future as an investment asset. Bitcoin Goes to Wall Street In December 2017, with the eyes of the financial world firmly fixed on Bitcoin, two major futures exchanges – CBOE and CME Group – began offering bitcoin futures. It was an exciting time for the cryptocurrency. The launch of futures trading marked a turning point in Wall Street’s sentiment toward the crypto industry, allowing for a gradual, but nonetheless definitive, entry into mainstream adoption. The excitement continued into the new year as the Intercontinental Exchange (ICE), which also owns the New York Stock Exchange (NYSE), announced that it was developing a cryptocurrency data feed. The service, which ... read more
    Source: BitcoinistPublished on 2018-06-14By Georgi Georgiev
    6 months ago
  • Bitcoin Price Bounces From $6,100 to $6,500, Market Buys Breathing Room
    The bitcoin price has demonstrated a short-term corrective rally from $6,100, rebounding to $6,500 over the past 24 hours, rising by around 6.5 percent. Small cryptocurrencies and tokens followed the price movement of bitcoin on the upside. Strong Oversold Condition The latest corrective rally of BTC and its swift recovery from $6,100 to $6,500 can The post Bitcoin Price Bounces From $6,100 to $6,500, Market Buys Breathing Room appeared first on CCN ... read more
    Source: CCNPublished on 2018-06-14By Joseph Young
    6 months ago
  • International Watchdog to Introduce Binding Regulations for Cryptocurrency Exchanges
    The Financial Action Task Force (FATF) – a multi-national agency tasked with combating global financial criminal activity, will discuss developing and introducing legally binding rules for governing cryptocurrency exchanges later this month. Reuters reports that the Paris-based agency – comprised of 37 countries – will meet with both the Gulf Cooperation Council and the European Commission in an attempt to establish legally binding regulations governing cryptocurrency exchanges. Developing Binding Guidelines The push for the development of said guidelines comes after a call on behalf of financial policymakers from G20 economies earlier in March. The current rules, which were set back in 2015, are non-binding, making enforcement among the countries challenging and inconsistent, to say the least. According to the guidelines which are currently in place, cryptocurrency exchanges need to be registered or licensed and they need to verify the identity of their customers in order to prevent money laundering. Yet, due to their non-binding nature, 68% of cryptocurrency exchanges fail to comply with the KYC requirements. A government official, speaking on condition of anonymity, noted that the discussions are to begin on June 24th and are supposedly going to take a closer look at the currently existing rules and determine ... read more
    Source: BitcoinistPublished on 2018-06-14By Georgi Georgiev
    6 months ago
  • Ripple: Banks Unlikely to Apply Blockchain for Cross-Border Payments in Near Future
    Ripple’s chief cryptographer David Schwartz claims banks will not use blockchain for cross-border payments in near future ... read more
    Source: CointelegraphPublished on 2018-06-14By Cointelegraph By Helen Partz
    6 months ago
  • ‘Leonardo da Vinci’ Puts Mona Lisa Painting on the Blockchain
    Bitcoin core developer Peter Todd defended Blockchain art startup Verisart against Terence Eden June 13 after claims the company believed he had painted the Mona Lisa. ‘Obvious Fraud’ In a Twitter discussion, Todd alleged Eden, who currently runs Open Standards for the UK Government Digital Service (GDS), “misunderstood what Verisart is” after the company uploaded the famous painting to the Blockchain with Eden as the creator. Verisart began trading in 2015 and describes itself as “applying blockchain technology to combine transparency, anonymity and security to protect your records of creation and ownership.” “Verisart is a tool to collect and timestamp evidence, not an authoritative blockchain; his Mona Lisa claim is obvious fraud [without] evidence,” Todd wrote. Eden had originally published details of his experiment with Verisart in a blog post June 12. Allegedly, Verisart had required only “an email address” and “a photo of the Mona Lisa from Wikipedia” as “proof” he had painted it. “I don’t understand the blockchain hype,” Eden subsequently wrote on Twitter. A startup has certified my artwork & placed their verification on the bitcoin blockchain. Now art dealers & auctioneers can feel secure that I am the original artist. One small problem… I am ... read more
    Source: BitcoinistPublished on 2018-06-14By Wilma Woo
    6 months ago
  • Western Union Will Not Add Crypto Transfer Support in Near Future, Says CEO
    The world’s largest money transfer company Western Union will not add a cryptocurrency transfer solution to its services soon ... read more
    Source: CointelegraphPublished on 2018-06-14By Cointelegraph By Ana Alexandre
    6 months ago
  • trade.io Engages Its Community For Stress Testing Of Unique Crypto Exchange… Live Launch Imminent
    Tuesday 12 June 2018, Lugano Switzerland, trade.io announces that its highly anticipated crypto to crypto online exchange is approaching launch, with thanks to its valued community members. The Beta version, which was released in May 2018 is currently being stress tested by over 200 community members, comprising of crypto fans, technical testers, blockchain developers and token investors.   These testers represent a huge demographic of potential users who will go on to regularly utilize the exchange upon launch. The community members are proactively providing feedback on the current User Interface (UI), as well as stress testing for bugs. Any feedback given to the trade.io development team is being categorized and quickly acted upon, in order to provide a uniquely safe and customizable trading platform that vastly differentiates itself from its competitors. On this, CTO of trade.io, Charles Voltron commented: Rather than trying to decide for ourselves what the community wants on this front we have taken a vastly different approach from our competitors. On this, an anonymous community member commented: This is the first time as investor that I was given power to shape the very heart of a company, in this case, the trade.io exchange platform. The team has shown their talent not only on the technical side but also ... read more
    Source: BitcoinistPublished on 2018-06-14By Bitcoinist.net
    6 months ago
  • Ripple CEO Claims Bitcoin Is Under Control of Small Group of Miners From China
    Ripple’s CEO Brad Garlinghouse claims that “Bitcoin is controlled by China” through “four miners that control over 50%” of the leading cryptocurrency ... read more
    Source: CointelegraphPublished on 2018-06-14By Cointelegraph By Ana Alexandre
    6 months ago
  • Keplertek Special Sale: Last Chance for 30% Bonus! (June 19th-June 21st)
    Due to extremely high demand for this amazing project, Keplertek has decided to give the cryptocurrency community one more opportunity to take advantage of the huge 30 percent bonus that was offered during Pre-Sale. The Sale will start on the 19th of June 2018 at 8 PM UTC+4 and will remain open until the 21st of June 2018 (8 PM UTC+4), giving investors exactly 24 hours and one final chance to hop on the Kepler-train during this last stage of its Pre-ICO. Investors who reserved tokens before the Pre-Sale but missed out on their purchases due to not triggering the reservations will have one LAST chance to do so now.  Last Chance If you have just discovered Kepler and its innovative ideas with the potential to change our future, here is a quick overview of the Kepler Universe. Kepler Universe is the centerpiece of Keplertek’s ICO, which will make it possible for young and promising start-ups focused on inventing the technology of tomorrow to connect with like-minded visionaries and skilled businessman. All settlements in this ecosystem will be conducted in KEP and give holders the opportunity to purchase robots and licenses — as well as subscription services for AI. All ... read more
    Source: BitcoinistPublished on 2018-06-14By Bitcoinist.net
    6 months ago
  • ICOs are Securites, ‘Don’t Know How Much More Clear I Can Be’: SEC Chairman
    The SEC held a public forum on June 13, “Investing In America: Atlanta Town Hall Meeting.” The town hall was highly anticipated because regulators planned on speaking about cryptocurrency regulations and innovation. The session was open to the public and streamed live on the SEC website. The discussions reaffirmed that the agency wants to welcome The post ICOs are Securites, ‘Don’t Know How Much More Clear I Can Be’: SEC Chairman appeared first on CCN ... read more
    Source: CCNPublished on 2018-06-14By Jack Mathis
    6 months ago
  • Monopoly: New Step in Venture Investments
    Over the last year and a half the ICO scene has truly boomed, with all sorts of projects popping up here and there. In the last several months projects that seek to reform the ICO sector as a whole have attracted special interest. Monopoly.live is, undoubtedly, one of such projects. It is a decentralized platform for financing and developing various projects. If you are an investor, there you will find support and will be able to view and evaluate interesting and promising projects. If you are a start-upper, you will gain access to an audience and finances!Why is the platform decentralized? The reason for this is that it makes the project as transparent as possible. All data regarding transactions and deals is stored in a specialized ledger that is accessible to all users of the system. Therefore, a model of collective investment gets a brand new realization. Among undeniable benefits of the model the following stand out the most:             Full protection of finances both during the investment process as well as in the project’s use of proceeds.             The sophisticated process of approval that allows the system to pick the most promising and beneficial for investors projects.             ... read more
    Source: NullTX (The Merkle)Published on 2018-06-14By Guest
    6 months ago
  • Michigan Introduces Bill to Prosecute Persons Who ‘Falsely Alter’ Data on Blockchain
    The Michigan state legislature has proposed two bills that classify altering blockchain data as a crime ... read more
    Source: CointelegraphPublished on 2018-06-14By Cointelegraph By Helen Partz
    6 months ago
  • Horyou “Blockchain with a Purpose”: A Token for Inclusion and Sustainability
    Promoting a traceable decentralized philanthropy, Horyou, the social network for social good, is introducing its HoryouToken, built on the concept of “Blockchain with a purpose”. Horyou strongly believes in the power of technological advancements to support decentralization of philanthropy and to promote social good. Thus, it is launching HoryouToken to support and promote social and economic inclusion, enhancing a positive circle of interactions benefiting civil society, social entrepreneurs and social good doers. Introducing Blockchain with a Purpose HoryouToken aims to revolutionize the act of giving with its truly novel approach called Blockchain with a Purpose. “The objective of Horyou is to put blockchain on a positive trail to solve some of the most crucial challenges. We are giving a humanitarian purpose to Blockchain.” says Yonathan Parienti, founder and CEO of Horyou. While making it possible for any willing person to support social good, HoryouToken also provides access to a traceable and intelligent philanthropic redistribution service called Proof of Impact. HoryouToken can be used in various ways, including: To reward Horyou community members from all continents for sharing their positive news and actions on the Horyou platform To buy Spotlights (Horyou digital currency for economic inclusion) or support directly ... read more
    Source: NullTX (The Merkle)Published on 2018-06-14By Guest
    6 months ago
  • Cryptocurrency Exchange Binance to Expand to Jersey
    Fresh off its expansion into the European island of Malta, Binance — the world’s largest cryptocurrency exchange — has announced that it will create up to 40 new jobs in Jersey. The exchange operator unveiled the plan in a joint statement with local organization Digital Jersey, adding that the two parties had signed a memorandum The post Cryptocurrency Exchange Binance to Expand to Jersey appeared first on CCN ... read more
    Source: CCNPublished on 2018-06-14By Josiah Wilmoth
    6 months ago
  • THEKEY Entered into Partnership with Taikang Group on IDV Services
    On May 30th THEKEY entered into partnership with the Taikang Group to provide IDV services in the field of direct and rapid settlement of commercial insurance. It is the latest significant collaboration atop already contracted collaborations with some of the world’s leading insurance companies such as China Re, China Ping An, Reinsurance Group of America (RGA) and China Pacific Insurance (CPIC). Taikang Group is currently one of China’s largest insurance and financial services institutions which mainly operates across three main business sectors: insurance, asset management, and health and elderly care. For 14 consecutive years Taikang Group has ranked among “China’s Top 500 Companies.” THEKEY has indisputable advantage in facilitating the insurance claim settlement. With already authorized access validated government personal identity data (PII) for 210 million Chinese across 66 cities, THEKEY will provide an integrated solution for Identity Verification (IDV), Medical Term Standardization (MTS) and Claim Process Automation (CPA) to Taikang in support of direct and rapid online settlement of medical insurance. This cooperation has a great significance for the Chinese, and soon, the global marketplace. Currently, in order to receive reimbursement from insurance companies,  the insured has to submit a paper-based medical claim for the insurance company ... read more
    Source: NullTX (The Merkle)Published on 2018-06-14By Guest
    6 months ago
  • Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA: Price Analysis, June 13
    Can you pinpoint the prices bottom? Check our latest price analysis to find out ... read more
    Source: CointelegraphPublished on 2018-06-14By Cointelegraph By Rakesh Upadhyay
    6 months ago
  • Bitcoin Price Fell 11% in 24 Hours: What Triggered the Drop and What Lies Ahead?
    Many analysts and mainstream media outlets including Bloomberg and the Wall Street Journal attributed the recent drop in the Bitcoin price from $7,500 to $6,700 to the hacking attack suffered by Coinrail, a minor cryptocurrency exchange in South Korea. However, the reasoning behind attributing the latest correction to Coinrail is incorrect, given that Coinrail is a small exchange with a low daily trading volume used by a small portion of investors in South Korea. Bithumb, UPbit, and Korbit remain the three biggest cryptocurrency trading platforms in South Korea, and Coinrail is not considered a major exchange. Analysts tend to apply any negative event or news to explain declines in the value of Bitcoin and the entire cryptocurrency market because, for general readers and investors, it is difficult to accept the fact that the market moves based on supply and demand, and that the price of Bitcoin has fallen by such a large margin overnight without a solid trigger. $6,700 Isn’t New For many weeks, prominent analysts and cryptocurrency researchers including Willy Woo have emphasized that the downward trend of Bitcoin is simply too strong to be influenced by indicators such as the Relative Strength Index (RSI) and moving averages. In ... read more
    Source: NullTX (The Merkle)Published on 2018-06-14By Joseph Young
    6 months ago
  • Binance Announces Support for ICON (ICX) Mainnet Token Swap
    Binance, the cryptocurrency exchange platform behemoth, will support the ICON ICX mainnet token swap. The platform announced the move in a blog post on its website on June 13, 2018. The announcement likely brings to an end the confusion over the status of ICX mainnet and ERC-20 ICX tokens. Details of the Token Swap According to the Binance statement, the platform will suspend all ICX deposits and withdrawals beginning June 20, 2018. ICX holders have until that time to transfer their ERC-20 ICX tokens to Binance. The platform will handle the necessary back-end technical processes for the token swap. The exchange also revealed that ICX deposits and withdrawals will recommence once the mainnet stabilizes. #Binance Supports #ICX Mainnet Swap and Adds $ICX/USDT Trading Pair https://t.co/Wn3NTexF9u pic.twitter.com/tGf5dpLXXF — Binance (@binance) June 13, 2018 The ICON mainnet launched on January 24, 2018. Based on the original ICON roadmap, the token swap was supposed to take place in May 2018.  Delays over the swap have heightened apprehension among ICX holders, some of whom purchased the tokens during its all-time high (ATH) of $12. Part of the reason for the delay was the inability of the project team to decide on ... read more
    Source: BitcoinistPublished on 2018-06-14By Osato Avan-Nomayo
    6 months ago
  • Moneyconf 2018: Crypto Wallet CEOs on Why Decentralization Matters
    At a panel hosted this week at fintech conference Moneyconf, executives from Ledger, Blockchain.info, and VC firms Mosaic Ventures and FuturePerfect Ventures discussed if and why decentralized systems are truly necessary. Crypto Wallet CEOs Speak at Moneyconf 2018 Moderator Joon Ian Wong referred the panelists to a survey indicating that given the hypothetical choice to The post Moneyconf 2018: Crypto Wallet CEOs on Why Decentralization Matters appeared first on CCN ... read more
    Source: CCNPublished on 2018-06-13By Conor Maloney
    6 months ago
  • Adblock Plus to Use Blockchain to Detect Fake News
    Adblock Plus has created an extension to combat fake news using blockchain technology ... read more
    Source: CointelegraphPublished on 2018-06-13By Cointelegraph By Ana Berman
    6 months ago
  • TokenMarket Joins Civic, Leading Blockchain Identity Technology Provider, for First Webinar on Decentralized Identity
    Expert Insight into Blockchain-Powered Know-Your-Customer (KYC) as the New Standard for Token Sales and Initial Coin Offerings (ICOs) Gibraltar, GIB – June 13, 2018 — TokenMarket, the leading advisory expert on ICOs and Token Sales, is announcing a webinar with Civic, the leading blockchain identity verification technology provider. Civic Co-Founders Vinny Lingham and Jonathan Smith, are joined by TokenMarket CTO Mikko Ohtamaa for a discussion on Know-Your-Customer verification. The conversation will be focussed on Token Sales, ICOs and how this has evolved from a traditional, centralized format to a decentralized, user-controlled, reusable solution. Decentralized KYC for Token Sales and Initial Coin Offerings is the first of Civic’s Decentralized Identity webinar series being launched Friday, June 15. Participants will have the chance to learn from industry experts on identity verification best practices. Civic and TokenMarket executives will discuss new ways of establishing trust by switching from knowledge-based authentication to possession-based authentication protocols, reducing the risks of impersonation, bad actors and hacks. Personal information is fundamental to the way people interact with products and services online and offline. Currently, personal data is replicated and stored in central databases, which opens opportunity for data theft and security breaches. Civic’s decentralized, reusable KYC solution ... read more
    Source: BitcoinistPublished on 2018-06-13By Bitcoinist.net
    6 months ago
  • Crypto Interest Among Women Has Doubled Since December
    The number of women interested in investing in cryptocurrencies has more than doubled since the beginning of the year, a new study has revealed. The study was carried out by the London Block Exchange, a leading crypto exchange in the UK, and found that crypto interest among men had barely changed in the first six months of 2018. The report also outlined some of the defining characteristics that differentiate male and female investors, including levels of collaboration and reasons for investing. Women Increasingly Interested in Cryptos The report revealed that the proportion of women interested in investing in cryptos stands at one in eight, or 12.5%. This has more than doubled from the 6% polled in December of last year, reported City AM on June 9. The interest is higher among millennial women, with one in five expressing interest in crypto investment. While the industry has been a male-dominated field for long, women are making inroads according to Agnes de Roeyer, an analyst at the London Block Exchange who was quoted by City AM. There’s still a common misconception that cryptocurrency is a game for men, but we’ve seen hundreds of women sign up for our exchange in the last ... read more
    Source: NullTX (The Merkle)Published on 2018-06-13By Steve Kaaru
    6 months ago
  • Irish Leader Talks Blockchain, Making Dublin Europe’s Tech Capital
    The leader of Ireland, Taoiseach Leo Varadkar, took to the stage at MoneyConf in Dublin this morning to announce that the government is gearing up to make Ireland’s capital the technological capital of Europe. “I think there’s no better place to discuss issues like cybersecurity, blockchain, cryptocurrencies, AI, regulation, and future fintech than here in Ireland, he said, adding: The post Irish Leader Talks Blockchain, Making Dublin Europe’s Tech Capital appeared first on CCN ... read more
    Source: CCNPublished on 2018-06-13By Conor Maloney
    6 months ago
  • Litecoin Falls Below $100 as Dash Hits 1-Year Low
    Litecoin and Dash, two altcoins with enormous promise, are having a tumultuous 2018. Both coins have steadily declined over the course of the year. With the latest price decline across the market, both cryptocurrencies are now at a crossroads. Litecoin Struggles to Stay Above $100 The cryptocurrency market is bleeding right now. A huge correction wave swept through the cryptocurrency market between June 10 and June 12, 2018. During this period, many top-100 coins recorded percentage price declines in the double-digits. For Litecoin (LTC), the bears couldn’t have come at a worse time. The sixth-ranked cryptocurrency by market capitalization has been steadily declining since the start of May. On May 7, LTC price reached $180. That was the last time Litecoin traded above the $150 mark. In the last three days, Litecoin fell significantly in the space of mere hours indicating what might be a stubborn bearish trendline. At the time of writing this article, the price has fallen below the $100 mark – a major psychological price barrier for Litecoin. Presently, the sixth-ranked cryptocurrency has declined by more than 60 percent since the start of the year. The last time LTC traded below $100 was in mid-December 2017 ... read more
    Source: BitcoinistPublished on 2018-06-13By Osato Avan-Nomayo
    6 months ago
  • Crypto Mining Firm Argo to Get Listed on London Stock Exchange
    Argo Blockchain has announced plans to be listed on the London Stock Exchange, becoming the first crypto-focused company to do so. The UK-Canadian firm hopes to raise $20 million from the listing at a valuation of $40 million, and Switzerland’s Mirabaud Securities will act as the corporate broker for the company. Argo Blockchain offers mining-as-a-service (MaaS) solutions which allow its users to mine cryptocurrencies from their PCs and smartphones. The company’s mining facilities are located in the Canadian province of Quebec, but it chose to get listed in London as it considers it a global financial technology hub. The Amazon Web Services Of Crypto The company allows its users to mine any one of four digital currencies: Ethereum, Ethereum Classic, Bitcoin Gold, and Zcash. The service is renewable on a monthly basis, with the company’s website indicating that all the packages are currently sold out. Users can engage in single or multicoin mining and use their own mining pool accounts. Each user is limited to using a single account. The founder and CEO of Argo, Jonathan Bixby, hails his company’s ability to bring crypto mining to retail miners at a time when institutional miners dominate the process. Speaking to the ... read more
    Source: NullTX (The Merkle)Published on 2018-06-13By Steve Kaaru
    6 months ago
  • Newsflash: Bitcoin Price Sinks to $6,107 as Sell-Off Continues
    The bitcoin price continued to barrel through support levels on Wednesday, pushing the flagship cryptocurrency within about $100 of its year-to-date low. Bitcoin had entered the day on a downward trajectory, and — to no one’s surprise — continued to shed weight throughout the morning and early afternoon. At approximately 16:22 UTC, that decline became The post Newsflash: Bitcoin Price Sinks to $6,107 as Sell-Off Continues appeared first on CCN ... read more
    Source: CCNPublished on 2018-06-13By Josiah Wilmoth
    6 months ago
  • Researchers say Bitcoin’s huge 2017 surge was cause by price manipulation
    Bitcoin soared to enormous heights late last year to over $19,000 for a single digital coin. Researchers now say price manipulation was the cause of at least half the rise the price of bitcoin and other cryptocurrencies at the tail end of 2017. The study, by University of Texas finance professor John M. Griffin and graduate student Amin […] Source ... read more
    Source: CryptocurrencyGuide.orgPublished on 2018-06-13By Kris Holt
    6 months ago
  • Reserve Bank of Zimbabwe Defends Decision to Shut Down Crypto Exchange
    The Reserve Bank of Zimbabwe (RBZ) has filed an affidavit with the country’s High Court seeking to have the court uphold its decision to shut down the country’s largest crypto exchange, Golix.com. The RBZ filed the affidavit through its governor, John Mangudya, on June 8, reports local media outlet Pindula News. The country’s financial services regulator has cracked down on the crypto industry in the country in a bid to protect its citizens. Its efforts have included starving the crypto industry of mainstream financial access as well as ordering the country’s largest crypto exchange to shut down its operations, a decision that Golix successfully challenged in court. Decision Was “The Most Appropriate Action” Mangudya defended the RBZ’s decision to shut down Golix, terming it the “most appropriate action to deal with the risk identified.” The decision was well thought-out, the affidavit said, while accusing Golix of running an unlicensed remittance and money transfer platform. Mangudya went into detail on the exchange’s risky operations, which he described as “a pyramid scheme that could burst at any time.” The RBZ also took issue with the exchange’s KYC process, which it said can’t be robust as its operations were meant to assist its ... read more
    Source: NullTX (The Merkle)Published on 2018-06-13By Steve Kaaru
    6 months ago
  • EOS Mainnet To Go Live Soon, Votes are Catching Up as about 9% Already In
    The EOS Mainnet launch which requires at least 15% of the EOS votes to get activated, has been able to achieve only 8.8837% till now for valid activation. The complicated procedure of voting and the lack of trust shown by the voters is being reasonably considered as one of the major hindrances in the activation. The concept of voting It’s been quite a few days since the mainnet of EOS has been launched. But it still has to go live. However, looks like EOS token holders are slowly realizing the importance as more than half of required votes have already been cast. Besides the actual organization of the voting, which was given one complete year to prepare, the voting process seems to be a little bit cumbersome and opaque. A good number of voting portals are emerging, but the token holders have not got enough faith as to where to use their private keys. All EOS holders are required to vote for the ideal Block Producer Candidates. At a time maximum, 30 Block Producers can be voted for. The chain will be considered valid and normal functions will get activated only when 15% of the outstanding tokens are staked ... read more
    Source: CoinGapePublished on 2018-06-13By Sahitya Kumar
    6 months ago
  • Swarm is Tokenizing Coinbase, Ripple Shares– Whether They Like it or Not
    Cryptocurrency startup Swarm has announced a new security token product that will allow accredited investors to purchase and trade equity in privately-owned tech companies like Coinbase, Robinhood, Ripple, and Didi. Swarm Wants to Tokenize the Equity of Private Companies The product, announced by Swarm on Wednesday, allows investors to pool their assets to obtain private The post Swarm is Tokenizing Coinbase, Ripple Shares– Whether They Like it or Not appeared first on CCN ... read more
    Source: CCNPublished on 2018-06-13By Josiah Wilmoth
    6 months ago
  • Singapore: OmiseGo Backed Blockchain Co-Working Space Neutrino’s New Destination
    A blockchain specialized co-working space by OmiseGO, Neutrino is establishing its presence in Southeast Asia with a second debut in Singapore. Following the launch of the very first location earlier this year in Tokyo, we’re excited to announce Neutrino’s partnership in Singapore with The Great Room and Global Brain. A co-working space for Blockchain Started by OmiseGO- collaborating with Global Brain, Neutrino is building a thriving community by connecting entrepreneurs, businesses, regulators, and cryptocurrency thought leaders together through series of regularly organized events, workshops, and meetups. Neutrino aims to provide an inspiring, collaborative, and productive environment to build the blockchain projects of the future. The Neutrino community putts heavy emphasis on building an active and inclusive culture, a critical component that will contribute to the success of blockchain startups. Members benefit from Neutrino’s mentorship opportunities, exclusive events, and co-working space. The team has conducted careful site selection, space design, and catered service offerings to those who will be sharing the space. Neutrino has its sights set on expansion throughout Asia, and other parts of the world in a consortium, with each space helping each other to build a strong ecosystem. This includes joint events and support for international market ... read more
    Source: CoinGapePublished on 2018-06-13By Nilesh Maurya
    6 months ago
  • ‘Lightning War’: Bitcoin Battles Bitcoin Cash on a Digital Canvas
    A digital canvas dubbed Satoshi’s Place appeared online, allowing users to draw whatever they find fit, one pixel at a time. The MS Paint-like experience costs one Satoshi per pixel and users are free to show off their talent in whatever form they find fit. Censorship Resistant Digital Canvas Satoshi’s Place is a simple online artboard which is powered by the Lightning Network. The digital canvas is comprised of 1 million pixels and each one of them will cost you 1 satoshi to paint. Apart from providing wide leeway for users to express their fine art skills, it’s also intended to provide a way to experience the way micro-transactions are handled through the Lighting Network of Bitcoin. Since the canvas is censorship resistant, anyone can draw virtually anything. What is more, all pixels can be re-painted. The combination of both has caused some unparalleled masterpieces such as Da Vinci’s Mona Lisa, as well as Van Gogh’s Starry Night. However, the opportunity to write and draw whatever one wants has also provided means for one particular dispute: Bitcoin (BTC) VS. Bitcoin Cash (BCH). BTC VS. BCH in a Fully-Fledged Art Battle The fact that each pixel on the Satoshi’s Place ... read more
    Source: BitcoinistPublished on 2018-06-13By Georgi Georgiev
    6 months ago
  • CBDCs Are a Superior Monetary Policy Tool: Former FDIC Chair
    Central bank digital currencies have elicited mixed responses around the world, but for one former chair of the US Federal Deposit Insurance Corporation, they might offer a better tool to conduct monetary policy than existing methods. In an opinion piece published on Yahoo Finance, Sheila Bair called on the Federal Reserve to seriously evaluate the relative merits of issuing its own digital currency. Bair noted that current monetary policies have proven unable to stimulate broad-based economic growth and have only made the rich richer while the middle class continues to struggle. The Fed Must Stay Ahead of the Technology A CBDC would be as stable as any fiat currency, all the while reducing the risk of financial crises, Bair noted. The transition must, however, be gradual to allow the economy to adapt to the changes, lest it risk severe negative consequences. While the current banking setup works under normal conditions, it wouldn’t hold under extreme stress, as most people would lose confidence in their banks, she explained. A digital currency issued and backed by the Federal Reserve would be the perfect solution, according to the former chair, who was instrumental in the government’s response to the 2008 financial crisis. With ... read more
    Source: NullTX (The Merkle)Published on 2018-06-13By Steve Kaaru
    6 months ago
  • 5 Percent of Monero in Circulation Was Mined Through Malware, Research Finds
    5 percent of all Monero in circulation was mined through crypto mining malware, new report finds ... read more
    Source: CointelegraphPublished on 2018-06-13By Cointelegraph By Molly Jane Zuckerman
    6 months ago
  • Binance’s Fiat Integration May Lead Cryptocurrency Exchanges to Move to Malta
    Earlier this month, Binance, one of the most widely utilized multi-billion dollar cryptocurrency trading platforms alongside the likes of Coinbase and Bitfinex, has established a bank account in Malta. Malta’s Pro-Blockchain Legislation As a part of the European Union (EU), Malta is a country with a strong financial industry and economy which contribute to the The post Binance’s Fiat Integration May Lead Cryptocurrency Exchanges to Move to Malta appeared first on CCN ... read more
    Source: CCNPublished on 2018-06-13By Joseph Young
    6 months ago
  • SophiaTX and BizCode Announce Their Partnership to Bring Blockchain Innovations to Poland
    BizCode, consulting and software development company focused on SAP Business One implementations, ERP and e-Commerce integration services, and other business application services, has become a technology partner and value-added reseller (VAR) of the SophiaTX blockchain. Jaroslav Kacina, CEO of SophiaTX, said: We are very pleased to enter into the partnership with BizCode. Poland represents one of the most important economies in Europe and also globally. Additionally, it is also one of the best places for technology innovation and talent. As McKinsey’s research claims, Poland has a great potential as a business leader of the future, i.e., in a service sector for companies. The partnership allows SophiaTX to bring blockchain innovation to one of the fastest growing economies in the world. The close collaboration of the two companies is focused not only on integrating the SophiaTX blockchain into ERP systems such as SAP Business One, but also in joint development of blockchain-based applications on SophiaTX for both the local and the global market. Poland occupies a central strategic position in Europe and the combination of highly qualified workers and growing spend on research and development is interesting, not only for European but also for Non-European investors, especially from the United States ... read more
    Source: BitcoinistPublished on 2018-06-13By Bitcoinist.net
    6 months ago
  • TRON Founder Allegedly Completes Acquisition of BitTorrent
    It would appear TRON founder Justin Sun has gotten his wish. A while ago, it became apparent Sun wanted to purchase the BitTorrent company. That deal has now been finalized, which paints an interesting future for the decentralized internet that Sun is trying to achieve. The BitTorrent Sale Is a Done Deal In a way, it is anything but surprising to see the BitTorrent-Justin Sun deal come to a close. While there were some non-believers who assumed this deal was fake, they have all been proven wrong. The interest by the TRON founder was more than genuine, and it seems both entities came to an agreement that works for everyone. While it remains to be seen how Sun will modify this decentralized file-sharing technology to power his “decentralized internet”, the acquisition will undoubtedly introduce a lot of positive changes. It is evident there is a high degree of centralization associated with the internet that people use today, but that situation cannot be sustained for much longer. Merging the TRON cryptocurrency with BitTorrent technology can yield some rather unexpected results. Whether or not they will be for better or worse remains to be determined. Considering that existing file-sharing projects exist ... read more
    Source: NullTX (The Merkle)Published on 2018-06-13By JP Buntinx
    6 months ago
  • Ethbay Promises to Bring a Risk-Free eBay Experience
    This is a sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. Imagine you want to auction a valuable item, such as a high-end laptop, or even a 55-inch Smart TV. You’ll most likely turn to eBay to list your products The post Ethbay Promises to Bring a Risk-Free eBay Experience appeared first on CCN ... read more
    Source: CCNPublished on 2018-06-13By Mauro Sacramento
    6 months ago
  • Thomson Reuters Updates Chatter-Tracking Tool to Cover 100 Cryptocurrencies
    TRMI 3.1 analyses data in real-time across 2,000 news websites and 800 financial social media channels. ... read more
    Source: Finance MagnatesPublished on 2018-06-13By Aziz Abdel-Qader
    6 months ago
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