Crypto Exchange BitinterPay Enters the Global Market

Upcoming Crypto Exchange BitinterPay Enters the Global Market with Exciting Features for Users

 

BitinterPay, a safe and user-friendly cryptocurrency exchange, is all set to take the global crypto market by storm. This advanced ecosystem has been designed to encourage and create opportunities for everyday use of cryptocurrencies by integrating with the mainstream financial sector, using features such as mobile banking, prepaid cards, payment processing, etc.

Tallinn, Estonia – December 27, 2018

BitinterPay is pleased to announce that their just-developed cryptocurrency exchange is now up and running. This user-friendly, reliable and licensed exchange not only allows users to purchase and sell cryptocurrency for fiat money, but also provides additional services for the storage of different cryptocurrencies in a multi-currency purse without needing to pass through any additional verification.

BitinterPay is the brainchild of a team of crypto experts dedicated to ensuring seamless integration of the emerging crypto economy with the mainstream financial market and creating opportunities for ordinary people to use cryptocurrencies in their daily lives. With this goal in mind, the team has successfully created an ecosystem where individuals can freely use and convert digital assets and cryptocurrency, as well as storing and withdrawing their crypto assets safely.

“Our mission is to create the financial ecosystem of a new generation by taking the best from modern banking and blockchain technologies,” said a senior spokesperson from BitinterPay. “Our platform is fast, convenient, secure and as affordable as using a smartphone and the internet.”

The services available currently at BitinterPay are

• A secure crypto wallet supporting multiple currencies including Bitcoin, BitcoinCash ABC, and Litecoins. Ethereum and Ripple will be added in the next update.
• Quick purchase of cryptocurrency by credit card, no registration required—just a simple and automated verification.
• Quick sale of cryptocurrency without depositing funds to a trading account, and with direct withdrawal to credit cards and other payment systems such as Payeer or AdvCash.
• Instant exchange or crypto-swaps between a large numbers of cryptocurrency pairs.

The company is in the process of developing a key feature that will make the exchange capable of supporting fiat-to-crypto pairs and a wide range of trading tools. They are also working on a new feature for wallets that will allow users to buy stable coins for a flat rate, store them and make transfers.

With hundreds of exchanges coming up around the world, BitinterPay stands apart by delivering a range of key advantages:

• A completely legal and licensed platform. BitinterPay is guided by the laws of Estonia, the European Union, and other authorities that regulate cryptocurrency relations.
• Ease of use. BitinterPay offers all site functionalities and tools on a simple, user-friendly and supported platform. All user requests are processed quickly and efficiently.
• BitinterPay allows the sale and purchase of cryptocurrency for USD and EUR, from more than 50 countries.
• It takes around 10 minutes to pass verification and make a purchase
• It supports existing payment systems (Payeer, Credit Card, AdvCash).
• It’s available as an advanced mobile app for Android as well as iOS.
• End-to-end security measures are in place to ensure that users’ funds and private information are completely protected.

 

To find out more about this new crypto exchange, please visit https://BitinterPay.com/

About BitinterPay: BitinterPay is a reliable, easy-to-use, licensed crypto exchange. BitinterPay is registered and operates in accordance with the laws of Estonia. This exchange gives users the opportunity to purchase and sell cryptocurrency for fiat money, as well as providing services for storing cryptocurrency in a multi-currency purse without passing verification.

Website: https://BitinterPay.com/

Contact: info@BitinterPay.com

 

 

 

 

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UNKNOWN BROKE THE ETHEREUM WALLET ELECTRUM WALLET

Users reported about the hacking of the Electrum Wallet application, as a result of which hackers managed to replace the project servers with malicious versions. Attackers have already stolen 200 bitcoins from users’ accounts.

Hackers broke Ethereum-wallet called Electrum Wallet. As was reported by Reddit user called Crypto God: “Hackers have installed a whole bunch of malicious servers. If someone in Electrum Wallet is connected to one of them and tries to make a transaction, in response they send a message that looks official, which allegedly says about the need for the application and contains a fake URL-link.”

Hacking applications are already discussed in a separate thread on Reddit and on Github.

Meanwhile, according to Crypto King, the attackers have already managed to steal about 200 BTC from users ‘ accounts.

The cyber criminals hacked into the MEGA extension in Chrome and stole the private keys of Monero.

This summer, hackers also conducted a successful attack on VPN Hola and hacked another Ethereum wallet – MyEtherWallet.

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UKRAINE LAUNCHES FIRST DECENTRALIZED AGRICULTURAL EXCHANGE

In the spring of 2019, the first decentralized agricultural exchange will be launched in Ukraine, Agronews reported.

Trader Igor Tinkov noted that the blockchain platform will allow to unite all market participants: profile companies, agricultural holdings, farms.

Blockchain technologies are widely used in the agricultural sector. One of the main problems of agro-industry is losses: for example, in Russia a third of all food products in the world, worth 940 billion rubles per year, is lost or spoiled.

The digital transformation of the agro-industry and the introduction of new technologies in the industry, in particular, blockchain, will reduce these losses and reduce the number of hungry people (about 795 million), said the Director of the Ministry of agriculture Igor Kozubenko.

Recall that in May, the Ethiopian government signed a Memorandum of understanding with the cryptocurrency startup Cardano (ADA), in order to introduce blockchain developments in the agro-industrial sector of the country.

In December, it also became known that IBM Research and agricultural startup Hello Tractor have developed a platform for African farmers, based on artificial intelligence and blockchain technology. The companies will also launch the project in 2019, thanks to funding from IBM.

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THE GOVERNMENT OF INDIA LEGALIZES CRYPTOCURRENCIES SUBJECT TO STRICT REGULATION

Indian authorities plan to legalize digital assets, establishing strict regulatory control over this area. According to the New Indian Express publication, the interdepartmental Committee created by the Indian Parliament to study the issues of cryptocurrency regulation, has changed its position and opposed the recognition of cryptocurrencies as an illegal means of payment.

At the last meeting, the Committee developing the regulatory framework and solutions to protect the rights of consumers of the cryptocurrency market, recognized the short-sightedness of the intention to ban digital currencies in the country. The relevant ministries have been issued instructions on the preparation the regulatory acts by February 2019.

It is noted that in addition to the internal discussion, the Committee examines the opinion and recommendations of the country’s cryptocurrency exchanges and relevant experts.

Earlier, the government Committee headed by the India’s Minister of economy proposed to amend the current legislation and to recognize illegal storage of crypto assets that do not have the approval of the government.

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LITECOIN WILL ADVERTISE ITS CRYPTOCURRENCY DURING UFC FIGHTS

Litecoin Foundation became the first representative of the blockchain industry, which will be the advertising partner of the Ultimate Fighting Championship, an American mixed martial arts promotion company based in Las Vegas, organizing MMA fights. The first match, where Litecoin advertising will appear, will be held on December 29, in California. As part of the new advertising cooperation Litecoin will promote its cryptocurrency.

Soon, the Litecoin logo will appear in the octagon – ring for mixed martial arts (MMA) — during the fight between the former UFC light heavyweight champion Jon Jones and Swede Alexander Gustafsson. Fight will take place on December 29, in California.

This event should gather “millions of viewers” who will be able to see the first cryptocurrency being advertised during the battle. The Litecoin Fund added that they hope for long-term cooperation with the UFC.

Previously, Filipino professional boxer Emmanuel “Manny” Dapidran Pacquiao world champion in Boxing in eight weight categories, became a partner of the Singapore startup GCOX. As part of the cooperation, Pacquiao plans to release loyalty tokens for his fans.

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JAPANESE FINANCIAL GIANT MIZUHO INTRODUCED DIGITAL CURRENCY FOR NON-CASH PAYMENTS

The Japanese Bank holding company Mizuho plans to introduce a digital currency, which will be used for non-cash money transfers. The launch of the corporate cryptocurrency is scheduled for March 2019.

According to the Nikkei publication, the transition to payments in digital currency will allow Mizuho to significantly reduce the cost of fees for processing payments for the partner retail business. The transfer of funds between the digital wallet and the Bank account is reported to be completely free.

In addition, according to Nikkei, Mizuho will integrate its own currency for non-cash payments into the work of 60 regional banks in the future.

It is known that interaction with this currency will be carried out using a special application for smartphones, and payments will be made using QR-codes. The Mizuho token is positioned as a stablecoin tied to the Japanese yen.

Recall, the company Mizuho Financial Group actively collaborates with the technology conglomerate Hitachi in the field of development of applications based on blockchain technology for supply chain management.

It is worth noting that Mizuho Bank is accused of criminal inaction and preventing the withdrawal of MtGox clients ‘ funds.

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YEAR OF BITCOIN IN NUMBERS AND EVENTS

After taking off in 2017, bitcoin spent a year disappointing crypto investors: from a record $20,000, the cryptocurrency fell below $4,000. Let’s see what happened with bitcoin from January 1 to the end of December.

January

January 1: For the first time since 2015, bitcoin began the year with a fall: in January, the value of the cryptocurrency fell by more than 4%.

January 11: Media around the world began to massively report that the Ministry of Justice of South Korea is preparing a bill to ban cryptocurrency trading on virtual exchanges. In the news, the exchange rate of bitcoin fell in 10%, having dragged behind itself the whole stock market. At the same time, an Interdepartmental group established under the Chinese government issued an order to gradually curtail the work of miners in the country.

January 15: It became known that the Chinese authorities will block the platform for trading cryptocurrency.

January 30: Finam Brokerage company in partnership with the CBOE exchange opened access to trading futures contracts for bitcoin for qualified investors. On the same day, bitcoin fell by more than 5%, since South Korea has banned anonymous cryptocurrency trading.

February

February 1: The Square Payment app gave bitcoin trading access to most users in the US.

February 2: Bitcoin Exchange rate fell below $9000 for the first time since November. The reason was the news that India will tighten control over cryptocurrencies.

February 5: Bitcoin collapsed below $8000-the rate was affected by news from India, Facebook’s ban on cryptocurrency, ICO and binary options advertising, Bitfinex and Tether issues and major crypto-exchange hacks.

February28: Hardwork Private Bitcoin (BTCP) took place in the bitcoin network. It supports the new ZK-SNARK anonymity Protocol based on zero-knowledge proof. Bitcoin Private became the first fork based on two blockchains.

March

March 2: The German Ministry of Finance signed a decree according to which bitcoin is recognized as a means of payment.

March 9: The Price of bitcoin fell to around $8500. Experts have linked the fall of the crypto market with news about the alleged hacking of Binance.

March 17: The Rate of the first cryptocurrency fell below $8000. Bitcoin began to fall in price on the background of news from the IMF and Google. The head of the International monetary Fund Christine Lagarde called for more stringent regulation of the cryptocurrency industry with the help of blockchain. In addition, Google said that since June, will prohibit the advertisement of “cryptocurrency and associated content, including ICO, cryptocurrency exchanges, cryptocurrency wallets and shopping recommendations.”

March 21: Edward Snowden said that the NSA is engaged in surveillance of bitcoin users since 2013 in the framework of the program codenamed OAKSTAR.

March 29: Bitcoin’s dominance index peaked since the beginning of the year, exceeding 45%.

April

April 2: In the first quarter of 2018, the capitalization of the cryptocurrency market fell by 59% — from 613 to 252 billion dollars.

April 13: Bitcoin climbed above $8000 for the first time since March 28.

April 16:  CME Group submitted CFTC’s first report on bitcoin futures.

April 22: Bitcoin for the first time in a year showed growth for two weeks in a row. From 16 to 22 April, it rose by 10%, and from 9 to 15 — by 20%.

April 26: 17 million bitcoins were mined – the total number of bitcoins is limited to 21 million.

May

May 8: The US Federal reserve accused the launch of bitcoin futures in the subsequent collapse of prices.

May 14: Bitbond Online Bank made the first international money transfer in bitcoins, bypassing the SWIFT system.

May 23: The Massachusetts Institute of technology (MIT) conducted a series of experiments with the bitcoin Lightning Network (LN). Scientists have concluded that the network can significantly improve cryptocurrency transactions.

May 24: Bitcoin fell below $7400.

May 28: China’s oldest bitcoin exchange BTCC announced the launch of a new trading platform.

June

June 6: VanEck and SolidX joined forces and applied to launch bitcoin ETF.

June 11: Bitcoin fell below $7000 again.

June 23: Bitcoin price fell below $ 6000.

July

July 4: Iranian Authorities restricted access to bitcoin exchanges.

July 9: Chicago Board options exchange CBOE requested permission to open an over-the-counter bitcoin investment Fund.

July 12: The exchange rate of bitcoin jumped to $9000 on the exchange WEX.

July 18: The Price of bitcoin exceeded $7000. The jump coincided with the liquidation of a large number of short positions on the BitMEX exchange.

July 25: The exchange rate of bitcoin approached $10 000 on the exchange WEX.

July 27: Bitcoin price fell below $8000 after the SEC refused to launch the Winklevoss brothers ‘ bitcoin ETF.

August

August 5: The exchange Rate of bitcoin fell below $7000.

August 17: US Investors got access to the ETN for bitcoin.

August 23: The cryptocurrency market collapsed amid news that the SEC rejected nine applications to open bitcoin ETF.

August 28: Bitcoin broke the $7000 mark.

September

September 6: Bitcoin has risen to $24 000 on the Iranian stock exchange.

September 10: The SEC suspended trading of bitcoin and ether ETN.

September 11: Canada launched a bitcoin Fund for collective investment.

September 21: The SEC postponed a decision on bitcoin ETF from VanEck and SolidX.

October

October 11: Scientists of Princeton and Florida international universities, said that the authorities have enough tools to destroy bitcoin.

October 15: Bitcoin exchange rate exceeded $7200 on Bitfinex.

October 24: VanEck presented evidence that the market is ready for bitcoin-ETF.

November

November 14: The exchange rate of bitcoin fell to a one-year low, breaking the mark of $6000.

November 19: Bitcoin price crashed below $5000.

November 21: Intercontinental Exchange (ICE) postponed the launch of Bakkt crypto platform to January.

November 25: The exchange rate of bitcoin fell below $4000.

December

December 7: The exchange rate of bitcoin approached $3400.

December 13: The Swiss analogue of bitcoin-ETF showed record trading volumes.

December 14: Bitcoin fell below $3300.

December 24: The JPY has become a leader in the volume of trading with bitcoin.

December 25: The bitcoin exchange rate was fixed near the $3800 mark.

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X9 DEVELOPERS BECAME PARTNERS OF LITECOIN FOUNDATION

The Litecoin Foundation has partnered with the X9 Developers team to support, fix, and strengthen Litecoin Dark (LTCD) and other applications of Lightning Network technologies.

X9 Developers is an independent blockchain development team, whose founders are key developers and are fully secured by Stakenet (XSN). Since the vision of Stakenet also lies in the field of building an interoperable cross-chain on the Lightning Network, Litecoin Foundation and the development team were able to find common ground and conclude a partnership agreement.

The X9 Developers team has already implemented a beta version of the atomic swap on the Lightning Network for testing between XSN and LTC. The team is currently improving the user experience and developing a one-click solution for LN atomic swaps.

In September, Lightning Labs announced the release of a new version of the Lightning app with a lightweight Neutrino client, and the X9 Developers team was already working on adapting the LTCD to support the Neutrino client. This is an essential step to simplify application development, as you need a full node to run your wallet and application anymore.

 

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INDIAN CRYPTO-EXCHANGES REGISTER RECORD TRADING VOLUMES

Despite the banking limitations and the uncertainty of regulatory measures, the Indian crypto currency exchange noted an increase in trading volumes every month.

The head of the Indian crypto-exchange Wazirx Nischal Shetty in an interview with Bitcoin.com noted that “in the flat market, accompanied by Bank restrictions”, the motivation for trading in India is not a lot, but with the rise in prices, the situation has changed.

After the April ban the Indian Central Bank on the cryptocurrency exchange service, Wazirx, like many other cryptocurrency exchanges, circumvents the prohibition of p2p platform opening. Despite all the difficulties, trading on the crypto exchange “breaks records every month”, and now the figure has grown to 200 BTC per day, Shetty notes: “200 BTC in 24 hours is an absolute record and the highest value among Indian crypto-exchanges.”

The volume is also growing on the LocalBitcoins platform: on December 22, the weekly volume exceeded 302 BTC.

It is expected that new regulation in India will appear in the near future. The head of the intergovernmental Committee on cryptocurrency industry policy confirmed that the legislation can be finalized within the next two weeks.

The head of the crypto currency exchange Wazirx is configured optimistic in respect of the upcoming regulation, but has been actively campaigning for the development of the regulation, which would have helped the development of the sector, noting that if “the campaign grow, it will be harder to ignore it.”

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BANK OF AMERICA PATENTS BLOCKCHAIN SYSTEM FOR CASH TRANSACTIONS

The Bank of America (BoA) plans to patent a system of optimization of Fiat operations based on blockchain technology. This became known from the patent application published on December 25 on the website of the U.S. Patent & Trademark Office.

Originally introduced in June 2017, the patent was called “banking system controlled by a distributed data record registry”.

“The blockchain system of this type will improve such aspects of cash processing as configuration and automation of cash transactions processing to provide dynamic and adaptable operational functions,” the patent application says.

BoA explains that in the modern format of the banking system, there are still difficulties with handling large cash transactions.

In February 2018, it became known that the US banking giant filed more applications for cryptocurrency-related inventions than any other company did. Since 2009, the Bank of America has filed a total of more than 45 applications for such patents.

A recent BoA patent application describes an invention that focuses on the use of multiple digital signatures in a distributed IoT network.

Earlier, Bank of America has stated that cryptocurrencies pose a threat to their business.

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A MINI-SATELLITE IN EARTH ORBIT WILL SEND BITCOINS TO ENTHUSIASTS WHO ARE IN THE SPACE

A team of students from Idaho launched a mini-satellite that will send bitcoins from orbit to enthusiasts who are in the space.

The project of students from Idaho DaVinci became the only project chosen to participate in the CubeSat Space NASA mission in 2016. Since then, students have worked to build a satellite and raise funds to cover additional costs. The most basic part of the grant, about $2 million, covers the launch of the rocket into space with the help of equipment for the launch of mini-satellites from the American company Rocket Lab.

Once the satellite is in earth orbit, the team will be able to receive and send messages using Morse code, using the Globalstar system, to interact with enthusiasts in the space.

From earth orbit, the satellite will send to Earth mini-transactions in cryptocurrencies that will be intercepted by space enthusiasts. Thus, the DaVinci project will be one of the first to carry out Bitcoin transactions from the space. Such a project can increase public interest in the space industry.

Blockchain technologies will soon begin to explore space at a serious pace: for example, NASA has launched a research project in which the Ethereum smart-contract technology is planned to be used for automated maneuvering of space technology while avoiding space debris.

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THE BITCOIN CORE TEAM HAS RELEASED AN UPDATED VERSION OF THE BITCOIN CORE 0.17.1

The Bitcoin Core team congratulated bitcoin enthusiasts on Christmas by releasing an updated Bitcoin client “Bitcoin Core 0.17.1”original version.

The developers noted that the version does not contain fundamental changes, and is a variety of small bug fixes and improvements in network performance, as well as updated translations.

The update has been tested on various operating systems, using Linux kernel, macOS 10.10+ and Windows 7, etc. Also, the developers note that the new version of Bitcoin Core “will also be able to work on Unix-like systems”, but testing the version in this kind of OS has so far been implemented only partially.

Recall that in October, a version of Bitcoin Core 0.17.0 was released, which was in development for more than 7 months under the leadership of Wladimir J. van der Laan and more than 130 other bitcoin developers; it contains a whole set of new functions: coin selector, creation and use of new crypto-wallets, addresses “only for viewing”, partially signed transactions, reducing the size of the blockchain.

Version of Bitcoin Core v0.16.3 was released in late September, leaving behind a critical vulnerability in CVE-2018-17144 that could lead to a DoS attack and additional bitcoin issue. The new client version 0.17.0 does not contain this vulnerability.

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PwC: 2019 WILL BE A POSITIVE YEAR FOR CRYPTOCURRENCIES

PwS leading employee Henry Arslanyan said that in 2019, the cryptocurrency market is expected to be dominated by positive trends. Among them is the increase in the number of major players and the improvement of legislation in different countries, which will have a positive impact on the inflow of institutional investors.

According to him, in 2018, a lot of “big players entered”the cryptocurrency market: “I expect that in 2019 there will be even more of them in the crypto industry. Some will launch their own technological products, others will have a desire to become partners of blockchain projects, and others will invest in startups.”

Arslanyan noted the importance of the inflow of institutional investors, as their expertise and experience can provide the necessary impetus for the growth of the entire market. At the same time, the main obstacle to the “whales”, in the opinion of PwC specialists, was the uncertainty of the legislation in many countries, not the “bear” market.

Arslanyan says, “I think that a lot is changing at the global level. For example, in 2018, a number of countries clarified many issues in the sphere of regulation of the industry… I expect that this trend will continue in 2019 and it will create a more favorable atmosphere for investors and players.”

 

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ISRAELI STARTUP LAUNCHES FIRST MIMBLEWIMBLE-CRYPTOCURRENCY WITH PERSONAL PRIVACY SETTINGS

Located in Israel, the start-up Beam on January 3^rd plans to launch the first cryptocurrency based on the MimbleWimble Protocol, designed to provide users with personal privacy settings.

Unlike other cryptocurrencies with anonymization functions, Beam will become a project where owners will have full control over the privacy settings, which will allow using it for various purposes, including paying taxes.

The initial description of the solution for privacy MimbleWimble was posted by Tom Elvis Jedusor, on the channel dedicated to Bitcoin, in July 2016. In September last year, a group of developers announced their intention to launch a new cryptocurrency grin (Grin is an upcoming cryptocurrency that is an implementation of MimbleWimble using Rust).

Mimblewimble is much more a scaling tech than a privacy tech. It’s incredibly naive to believe that no one will run an archive node that keeps a full record of the blockchain. Grin’s privacy as such comes from CT and the inability of users to re-use addresses.

Beam is the second blockchain project to use the MimbleWimble solution, but due to the delay in launching Grin, postponed the project until January 15; it may in fact become the first cryptocurrency in the network to use this solution.

 

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IN THE PAST YEAR, 300 BLOCKCHAIN STARTUPS WERE CLOSED IN THE UK

The predominance of bearish sentiment in the market, the collapse of a large number of ICOs and the decline in HYIP around corporate blockchains made the outgoing year difficult for crypto-startups, which led to the closure of 340 startups in the UK, the British newspaper Sky News reported.

According to Sky News, at least 340 cryptocurrency and blockchain startups closed in the UK last year, which is 144% more than in 2017. At the same time, more than 200 closed companies were created in 2017 and 60% of them closed in the period from June to November 2018.

However, the number of registered startups continued to grow in 2018, reaching a value of 817 startups in November, which indicates the growth of the market, Sky News reports.

According to British analysts, the reason for the bankruptcy of such a number of startups is the decline in the price of the main cryptocurrency.

 

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GMO INTERNET STOPS MINING EQUIPMENT PRODUCTION

The Japanese Internet Corporation “GMO Internet Group” refuses to produce equipment for bitcoin mining, citing documents in which the company reported “huge losses” for the fourth quarter of this year.

GMO, which joined the bitcoin mining industry in 2017,” will no longer develop, produce or sell” mining equipment.

“Taking into account the current changes in the business space, the company predicted an unfavorable scenario for its own assets in the field of mining, and therefore decided to fix a huge loss,” the document says.

GMO’s own bitcoin mining business will move “to a region where there is access to cleaner and less expensive electricity.”

Earlier it became known that the decline in the profitability of bitcoin mining along with its price forces many miners to abandon this occupation and eliminate their equipment at bargain prices. The Chinese mining giant Bitmain has recently closed its research division in Israel and may be able to get rid of a significant portion of the remaining staff.

GMO’s total losses for the fourth quarter amounted to 35.5 billion yen ($320 million). The company stated that recent failures do not threaten its “financial integrity”.

In November, GMO reported that in the third quarter of this year, its crypto-business has reached “historical indicators”.

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THE DEVELOPERS OF BITCOIN PRIVATE COMMENTED ON THE COINMETRICS REPORT

After the release of a report from Coinmetrics, the Bitcoin Private team, focused on the increased privacy of the bitcoin fork, conducted its own investigation into the incident with a hidden increase in the issue during the PreMain. They confirmed that a developer really took advantage of the bug in the BTCP Protocol and created about 2.03 million coins on top of a fixed issue of 21 million.

Note that the Bitcoin Private network uses evidence of zero disclosure [zk-SNARK] and there are so-called protected addresses. According to estimates of Coinmetrics, these addresses are about 1.7-1.8 million illegitimate coins and only 20 thousand have the right to exist.

The developers of Bitcoin Private offered to destroy all the coins on the protected addresses by means of a hard fork, sacrificing 20 thousand to solve the problem. Note that the team offered the community a more radical solution-the destruction of all BTCP coins that have never moved — more than 12 million.

So, the first scenario developers will start to implement immediately. They also promised to monitor the

Earlier, Coinmetrics published a report called” do not trust, check: an example of Bitcoin Private”, which says that it was the developers who secretly increased the maximum offer of this coin, violating the provisions of whitepaper.

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BLOCKCHAIN-BASED CHRISTMAS GAME IS LAUNCHED BY WAVES

Waves, blockchain platform and decentralized exchange, which uses a proof-of-stake algorithm, has cooperated with Tradisys to launch a Christmas-themed game that shows the usefulness of Waves smart contracts in gaming.

As per the statement, the game is a selective reward generator where users can choose presents they want from under the tree. Any of the reward will either be WAVES coins or a toy that submits donations to the Children’s Hospice.

To get started, users will need a Waves account, at least 1.031 WAVES and ‘Waves Keeper’ installed on their browser.

This is the first game launched since Waves started up nearly $2 million fund (1,000,000 WAVES) specially designed for building games on its network. It will be available from December 24th through January 8th.

WAVES is currently trading for $3.39, giving the altcoin a $339.4 million market cap and making it the 19th largest coin in the AltDex 100 Index (ALT100), a benchmark index for large-cap cryptocurrencies and tokens.

 

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UAE MAY BECOME A NEW MECCA FOR BLOCKCHAIN BUSINESS

On December 24^th, “The National” – local newspaper reported that United Arab Emirates (UAE) could become a new Mecca for blockchain business, after the entry into force of the developed laws on ICO regulation.

The UAE government announced the development of new legislative measures to regulate the ICO, and also hinted at the early development of the regulation of crypto-exchanges. Some experts in the market believe that the UAE can join countries such as Malta and Gibraltar, and become a popular destination for the development of the crypto business.

Hans Fraikin, CEO of the Libra Project – an investment blockchain project, in an interview with “The National” said that the UAE “has excellent positioning as a global leader in the ICO sector.” He also believes that the country can create a favorable climate for attracting blockchain startups.

Andrea Bonaceto, CEO of Eterna Capital – a Fund management company in London, also believes that the UAE can take “leading positions in the industry”, thanks to the efforts of the government to modernize the financial sector.

However, experts note that the UAE needs to grow its blockchain developers and investors to guarantee the sustainable development of the cryptocurrency industry in the country.

In mid-December, the UAE regulator announced that new legislative measures will be introduced in early 2019. It is reported that the regulator of the country will work together with the Abu Dhabi Stock exchange and the Dubai financial market to develop a platform for trading ICO tokens.

The UAE is also developing several blockchain projects at the governmental level: the Central banks of the United Arab Emirates (UAE) and Saudi Arabia continue to work together on a cross-border digital currency, and the Advisory Council of the UAE banks’ Federation is considering the use of technology to improve the execution of know-your-customer (KYC) processes.

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THE COMPLEXITY OF CALCULATIONS IN THE BITCOIN NETWORK DECREASED BY 7%

With the reduction in the number of miners, the hashrate in the Bitcoin network also decreased. Accordingly, the complexity of calculations automatically decreased by 7% when generating new blocks. This drew the attention of the portal Coinidol.

As noted in the publication, this decline is a consequence of the Bitcoin low cost compared to the last year’s heights. The decrease in the complexity of calculations will continue until the price of bitcoin returns to the growth stage. At the moment, the hashrate fell from 5.8 TH/sec. up to 5 5 TH/sec.

Earlier, the media reported that several large mining farms left the cryptocurrency market and switched to other activities, in particular, the provision of cloud storage services. For example, in that way major firm Bladetech changed its specialization.

It was previously revealed that only five Bitcoin ASICs released in 2018 were making a profit in December.

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A COMBINED MARKET OF ALTCOINS WILL APPEAR ON BINANCE

The largest bitcoin exchange in terms of trading volume, Binance will rename the ETH market to the combined altcoins market (ALTS).

 

We will be adding a couple trading pairs with XRP as the quote currency shortly.

And rename ETH markets to ALTS market. Running out of space on the UI.

Merry Xmas!

— CZ Binance (@cz_binance) December 24, 2018

As reported on the website of the trading platform, changes in the structure of Binance markets came into force yesterday on December 24, at 11:00 AM (UTC). In addition, two new trading pairs with XRP — TRX/XRP and XZC/XRP will appear on the platform.

 

We would like to thank TRX and XZC for supporting #Binance charity efforts.

Enjoy the holidays! https://t.co/UurNGLPk5Q

— CZ Binance (@cz_binance) December 24, 2018

Among other things, the head of Binance Changpen Zhao noted that when listing new coins, priority will be given to the coins participating in the charity program of the company.

Recall that, recently Binance added trading pairs with USDC stablecoin.

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FACEBOOK IS PROBABLY DEVELOPING ITS OWN CRYPTOCURRENCY

According to the recent reports Facebook is developing its own stablecoins, a type of cryptocurrency, connected to the US dollar, which can be used for WhatsApp transfers.

Considering that the value of cryptocurrency continues to decrease from its all-time high in December of last year (a decrease of about US$14,000 (RM58,000) per coin over the past year according to CryptoCurrencyChart.com) Facebook remains hanging onto the blockchain dream.

Four years ago, the company employed ex-president of PayPal David Marcus, and in May of this year, he was approved as the head of Facebook’s blockchain initiatives. Indeed, according to LinkedIn’s employee titles, the company’s blockchain division consists about 40 people who are allegedly working on developing this tech to be used for WhatsApp money transfers.

When Facebook does announce this technology, it will likely be targeted at the Indian market, as WhatsApp has over 200 million users in the country, and people send tens of billions of dollars to India every year.

Whereas the cryptocurrency market has been increasing and decreasing occasionally throughout 2018, the general trend is a deep worsening slope. If Facebook goes on to a launch, it will be the first large tech company to enter into this type of project.

 

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IN 2018, THE NUMBER OF AVAILABLE NODES IN THE BITCOIN NETWORK DECREASED BY 19%

According to the Bitnodes, the number of available nodes in the bitcoin blockchain network decreased by 19%, from 11845 to 9597, for the current year. At the same time, the number of unavailable nodes fell by 33%, from 98000 to 65500. The fact of reducing the number of nodes in the network increases the possibility of “51% attack”, although the probability of such a scenario remains minimal.

An accessible node in the Bitcoin network can send and receive connections, while an inaccessible node can only establish outgoing connections, but does not accept incoming connections, because it is “closed” by a firewall, Tor, or a mechanism called “network address translation” (NAT) that allows the IP addresses of transit packets to be translated.

In theory, the presence of a large number of inaccessible nodes in the blockchain is a good news, because they make the network more secure, creating obstacles to hackers, and also increase resistance to deanonimization. Available nodes also play an important role, because they can be full nodes, where an entire copy of the blockchain with the history of all transactions is stored.

The drop in the number of nodes in the network, theoretically, can lead to increased centralization of the network, which is, it brings the chances of “51% attack” or “double spending”. Although the probability of implementing such scenarios remains low, the decline in the number of bitcoin network nodes demonstrates the impact of the “bearish” trend in the cryptocurrency market on the security of the blockchain.

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JUSTIN SUN REPORTED ABOUT THE EMERGENCE OF MORE THAN 50 DECENTRALIZED APPLICATIONS IN THE TRON NETWORK

TRON founder Justin Sun said that his network supports more than 50 decentralized applications (dApps), and in the near future plans to reach the level of 80 dApps.

Also TRON at the beginning of this month, reached 100 million transactions in 173 days, an average of 578 034 transactions per day.

In August, Martin Keppelmann, founder of the Ethereum-based forecasting platform Gnosis.ph stated that important statistical indicators to measure the growth rate of the smart contracts protocol are-the use of dApps and the number of dApps that interact with each other.

Like Ethereum, the value of TRON comes from its ecosystem of applications and active users. According to DappRadar, a platform that provides data on the use of dapp core smart contract protocols, the top three dApps per TRON have an average of 2,300 users, wherein TRONbet is registering 2,500 active users and 2 million transactions per day.

It is worth noting that EOS has the largest number of dApp users in its protocol. PRA CandyBox EOS and EOSBet Knights have averaged about 5,000 users, more than the users of Ethereum dApp and TRON combined.

During the last quarter of 2018, the TRON network saw a rapid increase in the number of dApps and dApps users. But, given that the network was only launched in May, it remains unclear whether the network will be able to maintain its current level of growth for a long time.

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CHINA PRESENTED THE CRYPTOCURRENCY RATING FOR DECEMBER

China’s Center for Information and Industry Development (CCID) under the Ministry of industry and information technology of the country has published the December update of its Global Public Blockchain Technology Assessment Index (GPBTAI).

The study concludes that EOS is the best cryptocurrency in the world market with a high enough rating to hold the first place in several issues of this rating.

According to an official press release, “EOS topped the list with a total score of 156.1 points”, significantly improving previous performance over the past few months.

The methodology used for the assessment is not fully disclosed, but it is known that the final assessment is the result of combining three components – assess the technological aspect, the potential for application in everyday life and the level of innovation each development has.

The results showed interesting changes compared to the previous months. Ethereum remains in the second position, and the bitcoin is in the 18th place:

EOS topped the list with a total score of 156.1 points. Second place went to Ethereum with the index 136,4. These two cryptocurrencies are still leading. GXchain replaced BitShares in third place with a score of 117.5, while BitShare fell five points in the current estimate, finishing eighth. Komodo, Ontology, NULS, Nebulas, BitShares, NEO and Steem shared fourth to tenth places. The assessment of the bitcoins left in the middle of the list with a score of 96.1 per, finishing in 18th place.

In the ranking also evaluated the most popular consensus algorithms in the trusted cryptocurrency.

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BINANCE – №1 IN THE WORLD BY TRAFFIC AND TRADING VOLUME AMONG CRYPTO-EXCHANGES

Chain Open Research (COR Index), a new York-based company specializing in cryptocurrency market analytics, has published a report on the performance of platforms for trading digital assets. According to the study results of the COR, the exchange Binance occupies a leading position in the market in terms of total trading volume – the turnover of the site for the past month exceeded $20 billion.

However, the increase in trading volume affected not only the largest exchanges — most trading platforms, including small ones, also experienced a significant increase in demand and supply in the digital asset market and, as a result, a change in trading volume indicators upwards.

Meanwhile, the Binance traffic over the past month, despite a 15% increase in trade volume, surprisingly decreased by 20%. However, the exchange still retained its leadership in attendance.

Also notable is the average size of the “check” for each visit of the trading platform. Thus, according to the study, each visit the Binance exchange was accompanied by a transaction in the amount of $761. The closest competitor to Binance is Coinbase which can boast only a check for $553

It is also worth noting that Binance, along with Bitfinex, is among the exchanges that do not falsify data on trading volume. According to the results of the BTI study, only these two exchanges of the 25 leading cryptocurrency platforms report correct information about the trading volume indicators.

 

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Daily prizes with the 1xBit Christmas Calendar!

1xBit are embracing the spirit of the festive season by giving away prizes every day until the New Year!

We all love getting presents at this time of the year – it’s a way of being told you’re special and valued. Now, 1xBit is saying thank you to players by offering prizes simply for playing the selected game of the day!

Playing a great game and being rewarded? It really is the season of giving!

How to Win Prizes

– Log into your 1xBit account (if you haven’t registered yet, what are you waiting for? Do it now – it’s quick and simple!).

– Go to the offer page. Click “Play now” on the current calendar day.

– Get rewarded for completing tasks when you play the game of the day. Placing bets with a combined stake of 100 mBTC or more will get you 20 Free Spins in Christmas Charm. If you Spin 500 times in the game of the day, you’ll get 300 bonus points! Finally, if you accumulate 50 mBTC of winnings in the selected game, you’ll get 40 free spins on the Lucky Wheel!

– Your bonuses will be available on the following day. To retrieve your bonus, simply click “withdraw” under the last calendar date. But don’t leave it too long – you’ll only have 24 hours to enjoy your bonus!

This is a special offer that is worth grabbing right away! Don’t miss out on great games and prizes this holiday season – be a part of the 1xBit Christmas Calendar today!

Website: https://1xbit.com

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WSJ: BITCOIN FUTURES FROM BAKKT WILL BE APPROVED AT THE BEGINNING OF 2019

The first futures contracts of BAKKT, which will be redeemed in cryptocurrencies, and not in cash, will be approved by regulators at the beginning of next year, the WSJ newspaper reports.

The contract, launched by the owner of NYSE, Intercontinental Exchange Inc., is aimed at institutional players who remained outside the cryptocurrency market due to concerns about the lack of clear regulations and possible price manipulation. Bitcoin futures of Bakkt will allow investors to bet on the price movements of cryptocurrencies and, unlike other offerings in the market, they will be settled in cryptocurrency, not in dollars.

The initiative has received support from major corporations like Microsoft and Starbucks. Bakkt CEO Kelly Leffler noted: “As soon as digital assets gain more confidence and legal framework, it will be more comfortable to use them as a currency.”

After a record high in bitcoin prices at the end of the last year, in December, CME Group Inc. and Cboe Global Markets Inc. launched bitcoin futures. Since then, the market has changed its trend to bearish. Bitcoin futures were a big step towards bringing the crypto world closer to Wall Street, but nevertheless, as Leffler noted, “a cash settlement is good, but it is necessary to ensure the physical delivery of bitcoin.”

Intercontinental exchange (ICE), the operator of 23 of the world’s leading exchanges, including NYSE, for the first time announced the creation of Bakkt, in August of this year. Since then, the exchange has been constantly working with regulators to ensure that their business plan meets all regulatory requirements.

 

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TIM DRAPER UNIVERSITY HAS LAUNCHED A NEW PROGRAM FOR CRYPTO-STARTUPS

Now, legend of the crypto world, Tim Draper offers programs for blockchain startups in his own educational institution, Draper University.

Draper University’s educational approach is to prepare entrepreneurs by providing mentoring and other type of support in achieving business goals.

Tim Draper is a longtime fan of blockchain and cryptocurrency. Even in light of pessimistic market sentiment, he repeated his prediction that bitcoin would be worth $250,000 in 4 years. Forbes placed him on the 7^th place among the most influential persons of the financial world.

To enter Draper University, you need to pitch your own project and essay about one of the biggest global problems.

 

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NOW DEVICES OF LEDGER CAN BE BOUGHT FOR CRYPTOCURRENCY

The French manufacturer of hardware crypto-wallets Ledger has signed a cooperation agreement with the Hong Kong startup Crypto.com. After its integration into the online store Ledger, the payment solution of the new partner will provide users the opportunity to buy devices for cryptocurrency. In addition, for the purchase of goods in this way, Crypto.com plans to reward customers with money.

According to the head of the company, Eric Larchevêque, the addition of a new payment method is a “natural step” that customers have been looking for Ledger.

It is not reported yet in which cryptocurrencies the payments will be accepted. At the moment, Crypto.com supports Bitcoin, Ripple (XRP), Ethereum (ETH), Litecoin (LTC), Binance Coin (BNB), Monaco (MCO), and native CRO token transactions.

At the beginning of the month, it became known that Ledger, in partnership with the German startup Neufund, intends to develop a comprehensive solution for managing security tokens for its desktop application Ledger Live.

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NOW DEVICES OF LEDGER CAN BE BOUGHT FOR CRYPTOCURRENCY

The French manufacturer of hardware crypto-wallets Ledger has signed a cooperation agreement with the Hong Kong startup Crypto.com. After its integration into the online store Ledger, the payment solution of the new partner will provide users the opportunity to buy devices for cryptocurrency. In addition, for the purchase of goods in this way, Crypto.com plans to reward customers with money.

According to the head of the company, Eric Larchevêque, the addition of a new payment method is a “natural step” that customers have been looking for Ledger.

It is not reported yet in which cryptocurrencies the payments will be accepted. At the moment, Crypto.com supports Bitcoin, Ripple (XRP), Ethereum (ETH), Litecoin (LTC), Binance Coin (BNB), Monaco (MCO), and native CRO token transactions.

At the beginning of the month, it became known that Ledger, in partnership with the German startup Neufund, intends to develop a comprehensive solution for managing security tokens for its desktop application Ledger Live.

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CENTRAL BANKS OF 15 COUNTRIES ARE READY TO ISSUE NATIONAL CRYPTOCURRENCIES

The International Monetary Fund (IMF) published a report in which it noted that 15 different countries are preparing to issue CBDC (Central bank digital currency).

In November, the Head of the International Monetary Fund (IMF), Christine Lagarde, said that the international community should “consider” introducing CBDC issued by the Central Bank, and in this week’s report, the IMF listed countries that are considering to join this international trend: the Bahamas, Canada, Curaçao and St. Martin Islands, China, the Eastern Caribbean Islands, Norway, Ecuador, Senegal, Sweden, Tunisia, and Uruguay.

In Sweden, for example, mobile payments have become very popular and cash turnover has decreased so much that experts suggest that soon the point of sale will not accept banknotes at all. Therefore, the state should offer an alternative to the private market occupied by the payment company, the Central Bank of Sweden said recently.

The Central Bank of China, meanwhile, has long been working on a project of its own cryptocurrency. This fall, the Bank opened several vacancies for specialists in the field of blockchain technologies and encryption methods.

The International monetary Fund report highlights two main reasons for the growing interest in CBDC and the blockchain technology behind IT among Central banks: the weakening role of cash, the national Fiat and ensuring access to financial technology for millions of citizens not covered by banking services at the moment.

 

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BITHUMB IS ACCUSED OF FALSIFYING 94% OF THE DAILY TRADING VOLUME

The research organization CER released a report in which it accused crypto-exchange BITHUMB of falsifying the trading volume. According to analysts, the volume of trading on the exchange grew too fast during the autumn. In addition, the volume of trade is not correlated with price fluctuations on the exchange. However, leading South Korean exchange Bithumb denies allegations of statements falsification about the volume of trading on the site.

In response to the accusations, the Bithumb administration said:

“Bithumb takes no action to inflate the trading volume. Bithumb is trying to attract customers with the usual promotion tools, just like any other company.”

In turn, CER justified its accusations by the fact that analysts studied the data of CoinMarketCap, according to which in September Bithumb fell to the “bottom” of the TOP 10 crypto-exchanges with a trading volume of about $350 million.

However, by November 11, this value rose to $4.4 billion, about 12 times higher. On December 20, the average daily trading volume has been $1.76 billion. CER argues that Bithumb practicing fictitious transactions to boost trading activity. With this technique, the investor simultaneously sells and buys the same financial instruments.

Note, this is not the first charge against Bithumb in the manipulation of data activity of traders. So, in early September, the Argentine crypto trader and analyst Alex Kruger said that the exchange overstated the trading volume by $250 million.

 

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VIETNAM IS ACTIVELY DEVELOPING CRYPTOCURRENCY REGULATION

According to a new report from the Ministry of Justice, Vietnam is considering to amend its current legislation to establish new regulations, adapted to cryptocurrencies.

In Vietnam, cryptocurrencies are currently not considered as a legal payment method, and the country’s banks from time to time warn citizens about the illegal status of virtual currencies.

Prime Minister of Vietnam, Nguyen Xuan Phuc announced that the government agencies were instructed to prepare a project for the development of the first legal system of regulation of digital currencies in the country.

It is known that the Vietnamese Ministry of Justice has already studied various variants of the legislative framework, applied by other jurisdictions. The Agency seeks to minimize the elements of risk and maximize the potential of technology while looking for a certain balance before investors and businesses can benefit from blockchain and cryptocurrency under the new legislation.

Recall, the Prime Minister of Vietnam Nguyen Xuan Phuc urged the Ministry of Justice and financial regulators of the country to tighten “control over activities related to bitcoin and other cryptocurrencies”.

Earlier, the Ministry of Finance of Vietnam banned the import of cryptocurrency mining equipment into the country.

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THE CREATOR OF BITTORRENT WANTS TO CONQUER THE MARKET WITH THE “GREEN” CRYPTOCURRENCY CALLED CHIA

Developer and author of the BitTorrent Protocol, Bram Cohen launches Chia cryptocurrency with low electricity consumption, which, in his opinion, can compete with Bitcoin.

Cohen’s new development, the Chia cryptocurrency, is positioned as “green money for the digital world” and, in many ways, it’s the opposite of Bitcoin. Unlike the mainstream cryptocurrency, which uses the energy-consuming consensus mechanism of proof-of-work, Chia uses proof-of-space when the cryptocurrency is mining on the hard drive.

In addition to reducing electricity costs, Cohen also claims that Chia is relatively safer than Bitcoin. According to Cohen, who created The BitTorrent Protocol being a student of the Buffalo University, mentioned: “To attack Chia, you need to have access to more resources than are shared on the network, and that will be a huge amount when everyone connects to it. The acquisition cost will be huge, higher than the cost of ASIC cards to attack Bitcoin, so creating a system overload will be much more difficult.”

To protect the network from repeated mining as a result of an attack on the source block, Cohen also implemented a consensus mechanism called proof-of-time, which greatly complicates the work of hackers.

The launch of the Chia network was originally planned for the end of this year, but was later postponed for several months.

 

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SPANISH SUPPLIER OF “GREEN” ENERGY SWITCHES TO BLOCKCHAIN

The Spanish company of “green” electricity production ACCIONA plans to develop a technology based on the blockchain to track the supply of electricity to the users. The new service will be relevant anywhere in the world, confident for the company’s management.

ACCIONA is one of the largest producers of renewable energy with a total capacity of more than 9 thousand MW. The firm operates in several countries and supplies electricity to more than 6 million houses.

Now, ACCIONA has started to implement a joint venture with the startup FlexiDAO from Barcelona, which is engaged in the development of software for the electric power industry. With the new blockchain solution, ACCIONA will allow its customers to monitor the compliance of electricity supplies to the used volume.

ACCIONA and FlexiDAO are working on a pilot version of the project to demonstrate its capabilities, which will track the supply of energy from five wind and hydroelectric power stations in Spain to four corporate clients in Portugal.

At the end of October, a large power grid company in Singapore presented a blockchain platform for trading certificates, confirming the production of a certain amount of electricity from renewable sources. Several consumers and large sellers of “green” energy have already joined the platform that supports international certification standards.

 

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FRANCE WILL NOT INTRODUCE BENEFITS FOR THE CRYPTO INDUSTRY, BUT WILL REDUCE THE TAX ON CRYPTO-PROFITS

The French Parliament rejected almost all proposals to introduce more favorable legislation to the blockchain industry. But one amendment was still adopted – to reduce the tax on profits from investments in cryptocurrencies.

The French national Assembly, the lower house of the national Parliament, has rejected a bill to introduce a “friendly” law against the crypto industry.

In addition, it rejected a proposal for the introduction of the classification of the business associated with operations with cryptocurrencies. Different rules would apply to different types of enterprises.

Also, the deputies did not pass a bill on benefits for companies that have suffered capital losses from their investment portfolio of digital assets.

Nevertheless, one amendment passed consideration of the lower house of Parliament. The approved decision concerned the adoption of a flat scale of taxation in the amount of 30% on profits from investments in cryptocurrencies, while now this value is 36%. The idea of introducing a flat scale previously expressed French Finance Minister Bruno Le Mayor.

Recall, in November, the Association of tobacco products’ sellers of France reported that from 1 January 2019 bitcoins can be traded in tobacco store, although the national regulator has criticized these plans.

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90% OF THE CURRENT PERIOD ISSUE OF THE COINS HAVE BEEN MINED AT MONERO NETWORK

The Monero network produced 90% of the current period coin issue.

Before reducing the reward per block in the Monero network to 0.6 XMR, only 1.84 million coins is left to be mined. At the moment, the miners of Monero have mined about 16.5 million coins, which is 90% of the current issue period, after which the Tail Emission algorithm will come into force, and the award for each block will be – 0.6 XMR.

The issue of Monero is not limited, but after there will be mined 18.4 million coins, mining in this network, as a result of the beginning of Tail Emission, will bring only 0.6 XMR for the found block.

Tail Emission is a process similar to halving of bitcoin. Monero’s reward is reduced after each mined block, at the moment it is about 3.44 XMR. Over the next 3 years (according to forecasts, Tail Emission will begin in 2022), the award will gradually fall down to 0.6 XMR, after which this value will become a constant.

Monero developers believe that this algorithm of token issuance makes the blockchain more attractive for the mining industry, as well as more secure in the long term.

 

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COINBASE ADDS DAI, GNT, MKR AND ZIL

American cryptocurrency exchange Coinbase conducts another expansion of the list of digital assets represented on its platform – this time it will be replenished with Dai (DAI), Golem (GNT), Maker (MKR) and Zilliqa (ZIL).

All tokens will be added to the full-featured trading platform Coinbase Pro and have limitations for some jurisdictions. As in previous cases, the availability of new assets may increase over time; they can also be added to the Coinbase.com quick investment platform and mobile apps.

All four tokens were released on the Ethereum blockchain and are added in accordance with Coinbase’s promise to expand the representation of such assets on its platform over time.

As the company explains, the functionality of smart contracts associated with these tokens will not be available “immediately.”

As with the listing of other assets, DAI, GNT, MKR and ZIL will be added in four stages: only translations, only the placement of requests, calculations for limit orders and the full functionality mode. For each of them, the company promises to publish individual tweets in which it will notify about the current status of the listing.

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KEPLER TECHNOLOGIES LAUNCHES LUKRUM PORTFOLIO TRACKER APPLICATION WITH ADVANCED TOOLS FOR STREAMLINED CRYPTO ASSET MANAGEMENT

Kepler Technologies has just introduced LUKRUM, a crypto portfolio tracker app designed to help users with valuable insights on the most profitable trading strategies. This free, secure and user-centric application comes with numerous attractive features including access to real-time prices, the latest market charts, advanced crypto portfolio analytics, auto-syncing with all exchange accounts and blockchain wallets, and much more.

December 18, 2018

Kepler Technologies is pleased to announce that their new Distributed Ledger Technology (DLT) assets tracker app LUKRUM is now available for iOS users and will soon be available for Android. This state of the art portfolio tracker is easy to use, and intends to help users auto-sync with all balances so that they can keep a track of all their blockchain assets regardless of how they are stored. It also helps users make the correct trading decisions by providing them access to the latest market charts and advanced crypto portfolio analytics based on market benchmarks.

As a software product company in the blockchain space, Kepler Technologies is dedicated to developing investment, management, and trading tools for the digital assets market. LUKRUM provides valuable insights on the most profitable strategies with a secure application for investors and traders to keep track of their investment performance. An analytical tracker tool for both beginners and advanced traders, LUKRUM’s cryptocurrency portfolio app is designed to make investment management simple.

LUKRUM’S product team has engaged its users and identified their needs in order to deliver the most comprehensive product available. For this reason, the LUKRUM app includes an extensive list of user-friendly features, such as auto-sync with exchange accounts & blockchain wallets, access to real-time prices, the latest market charts, and advanced portfolio analytics based on market benchmarks.

LUKRUM helps to identify profitable strategies with a custom portfolio simulator where DLT assets tracking is no longer limited to current assets. Instead, users can add potential investments into the custom portfolio feature and test out new prospects from over 2,000 altcoins. In addition, the app’s analytics suite lets users gauge their performance over time, against a benchmark index, or any number of other key, cross-portfolio insights, such as assets locations, highs & lows, depth charts, holdings, profits/losses, fee breakdowns, most used exchanges, and more.

“We have worked hard for months to put the best cryptocurrency tracker into your hands. We’ll keep it under our hats for the moment, but our goal to be the best cryptocurrency tracker won’t be a secret for long,” said a senior spokesperson from Kepler Technologies.

“Digital asset investing is constantly evolving, and we will continue to add more capacity for handling blockchain and cryptocurrency digital assets to meet the requirements of a changing market.”

What is LUKRUM?

LUKRUM is a portfolio management service for blockchain assets developed by Kepler Technologies GmbH, a privately held software company registered in Steinhausen, Switzerland. The app is available for iOS via link and will soon be available for Android (2019 Q1). This is a portfolio management application where users can connect cryptocurrency exchange account and wallet data to track balances via a market analytics suite. The application has been developed by Kepler Technologies.

Contact: Arsenii Veriho

Website: https://lukrum.tech

App Store: https://itunes.apple.com/app/id1351317084

Email: lukrum@kepler.finance

 

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WESTERN UNION : WE ARE READY TO WORK WITH CRYPTOCURRENCIES

Western Union, a leading international money transfer service provider, has announced its readiness to introduce cryptocurrency support to “combine cash with the digital world.”

Western Union explained that the service currently has access to” billions of Bank accounts “worldwide and also works with “over half a million retail agents worldwide”. This will allow the company to effectively and usefully integrate cryptocurrencies with its own cross-border payment platform.

Odilon Almeida, Western Union President, commented:

“Western Union is ready to work with any kind of currencies today. We are already working with 130 currencies. When we feel that it is time to introduce cryptocurrencies into the platform, we will do it immediately… after all it’s just another currency. I think that cryptocurrencies can become another way of exchanging money.”

As reported, there are many potential blockchain solutions for the financial services sector and Western Union is actively exploring new opportunities to find the most relevant for their service.

Recall that in early 2018, Western Union announced the beginning of testing Ripple technology to optimize current assets, and in June, the head of Western Union Co. Hikmet Ersek said that the company will not support transfers in cryptocurrencies, as transactions in dollars, euros and yen will undoubtedly prevail over cryptocurrency.

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OVERSTOCK DEVELOPS STABLECOIN TO TRADE COBALT

Today, American e-Commerce giant Overstock and its subsidiaries blockchain company tZERO announced that the Hong Kong-based private equity company GSR Capital has begun developing a tZERO-based smart contract and stablecoin for payments in the cobalt trade.

tZERO and GSR Capital intend to build a digital ecosystem of contracts in Asia for the purchase of raw materials. In case of following  the regulatory requirements, the new cobalt token based on the tZERO blockchain will significantly simplify the process of cobalt purchase and delivery.

The choice fell on the GSR Capital tZERO because of their rich experience and the availability of developments in the field of stablecoins. Representatives of tZERO said:

“We are pleased to work with GSR Capital in a new direction, in order to create a precious metal-backed stablecoin.”

It should be noted that according to the results of the new study, the use of stablecoins around the world has increased significantly in recent months.

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EOS TOOK FOURTH PLACE ON COINGECKO

The cryptocurrency market is gradually increasing. It was caused by the steady growth of Bitcoin on Monday evening, following which the price of Bitcoin in a short period of time rose above $ 3,500 (more than 6% in 24 hours).

However, the absolute leader in this segment was unexpectedly EOS, the price of which on Tuesday, morning rose above $2.50-almost 30% higher than the previous day.

The capitalization of EOS at the same time exceeded $ 2.4 billion, and this is the fourth indicator in the rating of the popular analytical resource CoinGecko.

Before that, EOS was on the 8^th place, thus moving down Litecoin, Tether and Stellar. Ripple (XRP) with $15.0 billion and Ethereum ($10.65 billion), continue to occupy 2^nd and 3^rd places respectively.

8^th and 9^th place is now occupied by Litecoin and Bitcoin SV, but in the back they look TRON, which closes the top ten.

Note that the positive mood in the market in recent hours has increased the total capitalization of cryptocurrencies to $122.8 billion, of which 65.9 billion accounted for bitcoin.

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COINBASE HAS IMPLEMENTED DIRECT CONVERSION BETWEEN CRYPTOCURRENCIES

The cryptocurrency exchange Coinbase has introduced a new service – direct conversion between cryptocurrencies. The administration of the site claims that the new type of operations will be more profitable for users who no longer have to pay double Commission for individual transactions. Now six coins are available for cross-crypto conversion.

Even now, the exchange’s clients can exchange Bitcoin, Ether, Ethereum Classic, Litecoin, 0x or Bitcoin Cash (BCH). The service is available on the Coinbase website, as well as in the mobile app on iOS and Android. It is reported that the conversion is “instant” and at a better price.

“We will launch a new cryptocurrency conversion feature for our users in 34 countries where Coinbase offers payment services,” the statement said.

Earlier, we reported that the Coinbase intends to register trademark BUIDL, which became known from the published patent application.  “BUIDL” is a popular term in the crypto community for the creation and development of new blockchain technologies. This word is formed by analogy with the common term HODL.

Recall that, at the beginning of 2017, Coinbase tried to patent security systems for a host computer that stores private keys, claiming that in this way it tries to protect private keys from potential problems.

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BLOOMBERG: USDT EMISSION IS SECURED BY DOLLARS

Recently, Bloomberg has published Tether bank data, according to which the company’s account in Puerto Rican “Noble Bank” was 2.2 billion dollars on January 31, 2018, which corresponded to the volume of USDT issue.

There have been a lot of rumors in the network that the Tether stablecoin is not fully supported by dollar assets.

According to Bloomberg’s sources, which are aware about the company’s affairs, the information was disclosed in part because of the investigations of Tether’s regulators regarding the Bitcoin manipulation case.

It is also noteworthy that the law firm Freeh, Sporkin & Sullivan LLP (FSS), established by former federal judges as well confirmed that Tether’s assets are fully backed by dollars, on June 1, 2018.

At the end of November, Tether also announced the launch of a modernized platform, with which USDT owners will be able to directly withdraw stablecoins to Fiat again.

Recall that the US financial regulator CFTF, together with the Department of Justice, is conducting an investigation regarding Tether and the Bitfinex exchange: officials are interested in the possible impact of stablecoin on the Bitcoin rate at the end of 2017, as well as the way to issue new USDT tokens and Tether’s connection with Bitfinex. The CFTC investigation regarding Bitfinex and USDT became known in January of this year, when, due to the popularity of Tether users repeatedly suspected that Tether was issuing tokens that were not backed by the US currency.

In October, Tether burned 500 million USDT tokens, but the crypto community suspected that the company faced a shortage of foreign exchange reserves and thus tried to maintain a stable USDT rate.

 

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