Thursday, January 31, 2019

GEMINI EXCHANGE HAS SUCCESSFULLY PASSED THE AUDIT

GEMINI EXCHANGE HAS SUCCESSFULLY PASSED THE AUDIT

Auditing giant Deloitte conducted SOC 2 type audit of bitcoin exchange Gemini.

According to representatives of the platform, the audit was successful and the security measures meet the standards of the traditional financial industry.

The review assessed the application, infrastructure, user database, and custodial solution for institutional clients.

In Gemini it is expected to undergo an audit of this type annually and called for this other exchange platforms.

Earlier, the Winklevoss brothers launched a large-scale advertising campaign of their trading platform under the slogan – “Revolutions need rules.” In community such opinion sharply has been criticized.

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FUJITSU: BLOCKCHAIN HAS INCREASED POWER DISTRIBUTION EFFICIENCY BY 40%

FUJITSU: BLOCKCHAIN HAS INCREASED POWER DISTRIBUTION EFFICIENCY BY 40%

Japanese IT giant Fujitsu has developed a blockchain-based system for the exchange of electricity between corporate consumers.

The aim of the project is to promote a more stable distribution of energy supply during peak periods. According to the company, the patented blockchain system was tested together with the energy company ENERES. The results showed that the innovation allows to increase the efficiency of power systems by 40%.

The on-demand energy distribution system stabilizes the supply and demand of electricity by reducing or redistributing energy at peak times and also pays dividends.

Fujitsu’s blockchain-based system is able to analyze available volumes of electricity from suppliers and compare them with the existing demand and distribute loads more efficiently. As stated in the company, this approach allows you to distribute electricity without loss.

Recall that this is not the only project of the company working on the blockchain. In October last year, Fujitsu also introduced an interbank settlement system, which is expected to significantly reduce the cost of small transactions.

Also, in June last year, the company launched a data storage system based on the blockchain, which can be used by retailers to tokenize traditional advertising tools, whether coupons or loyalty system with a reward.

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FIDELITY PLANS TO OFFICIALLY LAUNCH ITS CRYPTO-CUSTODIAL SERVICE THIS SPRING

FIDELITY PLANS TO OFFICIALLY LAUNCH ITS CRYPTO-CUSTODIAL SERVICE THIS SPRING

The launch of the crypto-custodial asset by management company Fidelity Investments may take place in March.

The asset storage component of Fidelity Digital Asset Services LLC (FDAS) is already running and is being used to manage some of them, a source familiar with the situation said.

According to Bloomberg, the company will initially present a solution for storing Bitcoin, and then – Ethereum.

The launch in March is consistent with earlier comments from FDAS CEO Tom Jessup. In December, he said that the service will open in the first quarter.

The company announced a platform for storing and trading cryptocurrencies, last fall. Jessop then said that institutional clients are showing some interest in entering the cryptocurrency space, but for this they “need a trusted platform provider”.

Jessop later revealed that Fidelity will not be limited to bitcoin and ether, and intends to consider adding “the next four or five assets in order of capitalization.” However, according to him, while the interest of customers is reduced to two named cryptocurrencies.

FDAS can also start working with security tokens, but not before this space will develop to the desired level, said Jessop.

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DEUTSCHE BÖRSE WILL LAUNCH A BLOCKCHAIN-BASED PLATFORM IN THE FIRST HALF OF 2019

DEUTSCHE BÖRSE WILL LAUNCH A BLOCKCHAIN-BASED PLATFORM IN THE FIRST HALF OF 2019

The German stock market giant Deutsche Börse in a press release reported about “significant progress” in the development of a blockchain platform for lending.

The Deutsche Börse blockchain platform is being developed in conjunction with the Luxembourg-based HQLAx platform, with which the German stock market giant expanded its partnership in September.

According to the press release, six banks have already confirmed their readiness to join the blockchain platform for lending and start the processes of preparation for integration.

The launch of the platform is scheduled for the first half of 2019, and all the necessary regulatory and legal procedures are close to completion, the company said.

For the first time, Deutsche Börse announced plans to introduce blockchain technologies in March last year. In September, Jens Hameister, head of blockchain initiatives of the company, said that Deutsche Börse is eyeing the blockchain technology with the early stages of its occurrence:

“We have invested in a variety of initiatives to develop an internal understanding of the technology, its trends and its own potential for application in the traditional segments of our activities.”

In a press release, Deutsche Börse also said that another investment was made in HQLAx, in December.

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CALIFORNIA NURSE ACCUSED OF SELLING OPIOIDS FOR BITCOINS

CALIFORNIA NURSE ACCUSED OF SELLING OPIOIDS FOR BITCOINS

A California nurse appeared in Federal court in Sacramento due to charges of selling illegal drugs through a darknet for 200 BTC, under the nickname “Farmacy41”.

Carrie Alaine Markis is accused of selling drugs: it is reported that since 2013, the California nurse has sold almost 9,000 tablets of hydrocodone, 2,500 tablets of oxycodone, 1,000 tablets of methadone, 70-morphine and 70 packages of fentanyl.

Markis told her clients that she was buying drugs from prescription of patients. First, nurse sold goods through Silk Road, and after the closure of the largest darknet store, moved to Pandora and Alpha Bay.

Officially, the arrest of Markis is associated with the closure of Alpha Bay in 2017, but experts also note that law enforcement agencies may need additional time to investigate the details.

Now, because of the evidence that law enforcement agencies were able to get, the nurse faces a life sentence. At the same time, a hacker from the UK, after the court found him guilty of selling data of 63 000 stolen credit and debit cards in the darknet, was sentenced to 10 years and 8 months in prison.

 

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Wednesday, January 30, 2019

Fieldcoin Ltd Will Decentralize the Agricultural Industry

Fieldcoin Ltd. Will Connect Landowners and Investors Generating Synergies

Fieldcoin is a blockchain-based platform that connects landowners with investors and financiers. This facilitates property or land transactions to be carried out immediately, without intermediaries and in a secure environment.

Traditionally, at the local level, lands were negotiated in words. However, during the last few decades, globalization has distanced the owners from local investors. During the last few years, land owners and agrarian businesses have noticed how intermediaries changed – a change that affects both local economies and global markets.

Fieldcoin is using the current legal framework combined with blockchain technology to allow for faster and cheaper transactions. In this situational framework, Fieldcoin Ltd. provides sufficient tools to restore natural order.

The Fieldcoin platform is a digitized ecosystem for management and transfer without the high commission costs. It is a meeting point in which to trade locally or globally immediately and reliably. There are 2 ownership levels: “offchain”, to comply with national regulations and “onchain”, registered and negotiable in the blockchain. In their documentation they detail the offchain operations as follows:

“Fieldcoin Ltd or a third-party company DAO (decentralized autonomous organization) owns the property titles registered in the national land registry. The owner of the token owns a part of the company that represents the specific land acquired in the platform.”

Digitizing the Agricultural Sector by Offering Empowerment and Infrastructure Is Fieldcoin’s Immediate Objective

This is where onchain operations come into play. Logic is imposed and offers solutions to problems that have haunt us for decades. Sometimes, we see how some initial offer does not consolidate the idea presented, for different reasons. It is for this reason that the operating ecosystem must be precise and orderly. Creating a stable transactions instrument is the starting point. Taking advantage of the potential of blockchain technology, the platform will facilitate the process of operating with lands, thus opening an ecosystem of incalculable magnitudes.

The agrarian and industrial sector are inevitably united for logical reasons. However, the digital breach has increased in this pairing. It requires global solutions that promote the digitization of the sector that are solid and reliable.

For this, the founders and a large team of professionals have coordinated efforts with the Fieldcoin platform being the resulting product – a decentralized global marketplace that is involved in a whole platform of agrarian services and operations.

Fair Empowerment and P2P Crowdfunding, First Steps to Consolidate Adoption

FieldCoin will provide a transparent environment where collective financing will be promoted. In order to improve the sector, current innovations and results will be progressively seen. In the agricultural business sector, we find a broad spectrum in which to deepen.

Online management is something rooted for new generations. However, agriculture is a sector in which more traditional owners and investors converge. Fieldcoin puts a global market that operates 24/7 in the palm of your hand. In that market, another use case for the FCO token will take shape – funding. In the third quarter of 2019, the first agribusiness crowdfunding round is planned.

The platform will process proposals for improvement, research, scaling, and renovation among others. If we take into account the owners’ side, the change is total. The uncertainties and extra costs associated with intermediaries – operations with points of opacity, delays in collections, and abusive commissions – are all but eliminated.

Supporting the local farmer requires planning and, Fieldcoin will provide agricultural scaling plans. The synergy is materialized by supporting modern techniques, enhancing profitability and sustainability. The most realistic and innovative agricultural projects will be chosen and investors will be part of the equation with their contributions.

A More Efficient, Liquid and Sustainable Market That Offers Economic and Social Benefits

The Fieldcoin platform offering multiple use cases, all of which are linked together by the FCO token. Through the platform, land owners can access and manage a complete and diverse range of services.

In terms of buying or selling land, the panel offers an interactive portal from within its software. Buyers across the globe are connected through a panel oriented to crop management. The panel is meticulously designed, in addition to acquiring offers management on these plots or lands.

If on the other hand you want to build infrastructure or assess land, the panel itself consists of the necessary functions and enables access to a large team of professionals available to offer 24/7 support, something never seen in the rural sector. In addition to the aforementioned, on collective financing initiatives, liquidity variants are offered.

The FCO tokens will be considered valid as collateral, facilitating liquidity in the form of loans to token holders. In terms of liquidity and use case, the Depository Network (DEPO) has secured the first place. The decentralized multi-platform collateral Infrastructure will list the FCO token, accepting it as collateral for loans and deposits.

Utilizing traditional methods, many landowners receive payments for their crops months late. Therefore, the fact of tokenizing lands in a p2p ecosystem will offer a time frame according to natural needs. We will no longer see the producers having to wait months to be paid for their efforts and harvest. It’ll be finished with FCO.

Details About the FCO Token Sale Offered by Fieldcoin Ltd

FCO is an ERC-20 token whose value has been set at $0.05.  The token sale will be offered in 2 different stages. Out of the 1 billion total token supply, 790 million are available for purchase by investors. The sum is distributed between the initial presale phase and the subsequent public sale. Additional amounts will be distributed as detailed in the white paper.

The first stage (presale) will run from February 4 to 12 and offers investors a 100% bonus for the first $1 million raised.’

The public sale begins on April 2 and will feature variable bonuses. For the first 100 million FCO tokens sold during the public sale, investors will be rewarded with a 50% bonus. The bonus decreases by 10% for each subsequent 100 million tokens.

Traceability from Land to Fork, Management 3.0 in a Fast and Transparent Ecosystem

In terms of services, blockchain technology ensures serious difficulties when someone tries cheat entries or registrations; With blockchain almost impossible to manipulate, the advantages over the traditional paper model for managing data records and their handling are evident. With these advantages, an entire ecosystem of global renewal enters the scene based on the traceability of food. The first to notice the benefit is the consumer, who enjoys freshness in their daily food guaranteed via blockchain.

The proposed model registers food inputs and outputs on the blockchain. Besides saving paper costs and rudimentary traditional methods, it speeds up the mobility of data interoperability because it is public and everybody can check the transaction history.

Times are changing, and new technologies offer greater accuracy managing Big Data. In terms of human resources, that records are stored publicly, reliably and safely brings effectiveness and profitability to management. In this way, professionals in the sector can spend less time in banalities and provide high quality information to customers, farmers and plot owners.

The Platform Will Promote Training and Sustainability, Both Local and Global Levels, Through the Fieldcoin Foundation

If you find the project presented by Fieldcoin Ltd (London, UK) interesting, we invite you to discover more. From the following official links you will be able to find information about the initiatives of The Fieldcoin Foundation. Among some initiatives are: The program of access to basic services such as water and electricity. Promote local employment through agricultural education and improve logistics by improving infrastructures in the prolific zones and their respective roads; Facilitate access to areas of interest for the project, local communities and their stakeholders.

Official Fieldcoin links:

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KUCOIN EXCHANGE ANNOUNCED THE DELISTING OF A NUMBER OF TOKENS

KUCOIN EXCHANGE ANNOUNCED THE DELISTING OF A NUMBER OF TOKENS

On Tuesday, cryptocurrency exchange KuCoin announced the removal of multiple tokens from its platform. This time, the list includes relatively popular projects, which, according to KuCoin, are subject to a “special regime” — a set of requirements that allows the exchange to delist cryptocurrency assets in case of their low liquidity for a long time or violations of other conditions. Some of them became the reason of delisting of those particular tokens, the company did not specify.

The last wave of delisting included the following assets: Arcblock (ABT), SingularityNET (AGI), Aeron (ARN), DATA (DTA), IHT Real Estate Protocol (IHT), Polymath (POLY), Quantstamp (QSP) and Substrate (SUB).

Deposits for them were disabled yesterday on January 29th, the corresponding trading pairs will be closed on February 3rd, and the withdrawal will be available until May 3rd.

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HARVARD AND LEVI’S USE BLOCKCHAIN TO GUARANTEE COMPLIANCE WITH SAFETY STANDARDS IN FACTORIES

HARVARD AND LEVI’S USE BLOCKCHAIN TO GUARANTEE COMPLIANCE WITH SAFETY STANDARDS IN FACTORIES

Harvard University and clothing manufacturer Levi Strauss jointly test blockchain-based platform to audit safety standards at the factories.

The companies announced the testing of the blockchain- based platform for verification of compliance with safety standards at the factories. The pilot project will involve three factories in Mexico, employing 5,000 people. Testing will take place on the basis of ConsenSys development.

The objective of the project is to create a reliable register of data on the health and safety of employees, as well as to remove the chain of inconsistencies associated with the usual audit. If the project is successful, the number of factories will be expanded.

In October last year, it became known that universities help not only with the introduction of blockchain technologies, but also invest in the crypto market themselves: at least five of the world’s largest universities have invested in cryptocurrency funds — including Harvard, Stanford and the Massachusetts Institute of technology.

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HACKING OF CRYPTOPIA EXCHANGE CONTINUES, ITS ADMINISTRATION HAS LOST CONTROL OF THE WALLETS

HACKING OF CRYPTOPIA EXCHANGE CONTINUES, ITS ADMINISTRATION HAS LOST CONTROL OF THE WALLETS

According to the company Elementus, hackers, who hacked the New Zealand crypto-exchange Cryptopia two weeks ago, continue to withdraw users’ funds from Ethereum wallets. This indicates that the administration of the site has lost access to its Ethereum addresses. Owners of more than 5 thousand wallets, from which funds were stolen twice, are unaware of hacking their accounts.

As it turned out later, as a result of hacking, the criminals managed to steal cryptocurrencies in the amount of not $2 million, as stated at first, but $16 million, and the largest share of this volume is ether. At the same time, New Zealand police was able to identify the source of the break-in.

According to the firm Elementus, the attackers withdrew 1675 coins ether, which is about $180 thousand, with 17 thousand accounts on Cryptopia exchange. It is noteworthy that out of this number, more than 5,000 wallets have already been stolen funds, but apparently their owners are not aware of this, since the first attack they have replenished their balance sheets.

While the police failed to catch hackers, any funds sent to the addresses of the Cryptopia exchange may be under the control of criminals, experts concluded.

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ETHEREUM ISSUE DECREASED BY 25%

ETHEREUM ISSUE DECREASED BY 25%

The average daily size of awards for adding blocks to the Ethereum network fell by about a quarter as a result of the activation of the complexity bomb and the onset of the soft version of the “ice age” embedded in the cryptocurrency code.

This situation will last until the end of February, when the hard fork Constantinople should be activated, along with which the complexity bomb will be delayed for another year, and the size of the reward will decrease from 3 ETH to 2 ETH per block. The update was delayed relative to the original date set for November last year – as a result, the daily emissions now amount to about 15,000 ETH instead of 20,000 ETH in the previous stage.

Now, the Ethereum block time is about 18 seconds, which is more than 15 seconds in the stage before, but less than 30 seconds that the network went out before carrying the complexity bomb in 2017.

Due to the spread of values, the extraction of some blocks can currently take up to 2 minutes, but the size of the commissions remains at the level of half a cent. The decline in supply from the miners did not have a positive impact on the price of the cryptocurrency, which recently fell to the level of $105 along with the wider market.

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A PLATFORM FOR TRADING THE SECURITY TOKENS TZERO HAS BEEN LAUNCHED

A PLATFORM FOR TRADING THE SECURITY TOKENS TZERO HAS BEEN LAUNCHED

American online retailer Overstock started tZERO platform on security tokens trading. This project was announced on Twitter.

Accredited investors can register to trade on the platform. Registration will take place through the company Dinosaur Financial Group, which acts as an “introductory” broker. In turn, the subsidiary of Pro Securities provides services of an alternative trading system for trading tokens.

This long-awaited event in the crypto community has been waiting since 2015, when tZERO was first announced. In August last year, the startup completed its own ICO, which it conducted according to the standards of the Simple Agreement for Future Equity (SAFE). Then the company managed to raise $134 million.

As some investors told, the registration process takes quite a long time, at least a few days.

Overstock is known as one of the first major online retailers to accept cryptocurrencies-back in 2014. Around the same time, the first information about the development of the blockchain platform appeared.

Previously, tZERO hired a Hong Kong-based private equity company, GSR Capital, to develop a smart contract and a blockchain-based stablecoin for payments in the cobalt trade.

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Tuesday, January 29, 2019

THE LARGEST SOUTH KOREAN MARKETS TO FIGHT AGAINST FRAUDS

THE LARGEST SOUTH KOREAN MARKETS TO FIGHT AGAINST FRAUDS

South Korea’s four largest cryptocurrency exchanges — Bithumb, Coinone, Korbit and Upbit – have announced a joint initiative in which they will fight against potential money laundering and other fraudulent schemes.

Announced last week, the partnership, in particular, involves the launch of a hotline through which users will be able to report suspicious transactions, phishing attacks, financial pyramids and other illegal activities.

A joint database of suspicious wallet addresses will also be created, which is expected to help identify and block fraudsters using different exchanges to move large amounts.

Other trading platforms will join the initiative, according to the exchange partnership.

Earlier in January, the South Korean authorities summed up the results of the inspection of 21 crypto-currency exchanges for compliance with security requirements. According to its results, only seven sites received a positive conclusion from the regulators.

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OVER THE PAST 4 MONTHS, ANOTHER 100 BLOCKCHAIN STARTUPS HAVE BEEN LAUNCHED IN THE SWISS CRYPTO VALLEY

OVER THE PAST 4 MONTHS, ANOTHER 100 BLOCKCHAIN STARTUPS HAVE BEEN LAUNCHED IN THE SWISS CRYPTO VALLEY

A report published by venture company CV VC reports a 20% (from 629 to 750) increase in the number of startups in the Swiss “CRYPTO VALLEYS” in the final quarter of the last year, but amid a general decline in the market, the capitalization of startups fell:

“The capitalization of the 50 largest “CRYPTO VALLEYS” companies fell from $44 billion to $20 billion in the fourth quarter of 2018. In the same period, however, the number of registered companies increased dramatically (from 629 to 750). There are 4 unicorn companies among them. ”

Managing Director of Venture Company CV VC Mathias Ruch noted that this statistic reflects the “ongoing market correction”, and also shows that startups have survived in “crypto winter.”

Now, there are 480 people working in the 50 largest startups in the region, when there are 3,300 employees in the entire sector. PwC Strategy Head Daniel Diemers noted:

“The dynamics in the midst of crypto winters are very positive. This shows that Switzerland is attractive for blockchain startups. ”

Recall that on the threshold of the Christmas holidays, the Swiss government announced a transition to a new control strategy for the blockchain industry in an official report, where the blockchain is called one of the most important technologies in the financial sector and an important mechanism to stimulate the economy.

 

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NOVOGRATZ ATTRACTS FUNDING FOR THE PROVISION OF CRYPTOCURRENCY LOANS

NOVOGRATZ ATTRACTS FUNDING FOR THE PROVISION OF CRYPTOCURRENCY LOANS

Crypto Bank of Mike Novograts Galaxy Digital attracts $250 million to finance the expansion of the business: the Bank intends to offer cryptocurrency loans to companies of the blockchain industry, taking as guarantees crypto assets and equipment for mining, Business Insider reported.

Given the ongoing bear market for almost the whole last year, many crypto-companies face financial difficulties, so the demand for cryptocurrency loans, accepting crypto assets and mining equipment as guarantees, is growing.

The platform for BlockFi loans, backed by Galaxy, announced a tenfold increase in profits and the number of clients. Salt Lending, another company in the market of cryptocurrency loans, also announces plans to expand its staff due to increased profits.

Like almost the entire cryptocurrency market, cryptocurrency trading bank of the billionaire Mike Novograc is also experiencing a decline in profits: Galaxy Digital Holdings reported a loss of $76.65 million for the third quarter of 2018 due to a significant decline in prices for digital assets in this period. Also in November, Mark Novograts noted that it is extremely difficult to develop a cryptocurrency business in the current environment.

Despite the difficulties, Novograz continues to invest: in October, Galaxy Digital Ventures, together with the Goldman Sachs Group Inc. have invested $15 million in the BitGo Holdings Inc cryptocurrency secure storage service, and this year Galaxy Digital participated in the investment round of the B series of the Symbiont blockchain startup.

 

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LOCALBITCOINS RESUMED WITHDRAWAL OF FUNDS SUSPENDED DUE TO PHISHING ATTACK

LOCALBITCOINS RESUMED WITHDRAWAL OF FUNDS SUSPENDED DUE TO PHISHING ATTACK

The platform for p2p transfers of LocalBitcoins has resumed the withdrawal of funds suspended due to a phishing attack.

A representative of LocalBitcoins warned users about a phishing attack on January 26, on Reddit, according to which hackers took advantage of the vulnerability of the LocalBitcoins forum and placed a link to the phishing forum. According to representatives of the company, 6 people suffered from the vulnerability found in the software provided by third parties.

One of the users, in the comment posted the address of the hacker who received 7.95205862 BTC at the time of publication, asking to add it to the black lists on crypto-exchanges.

This week, blockchain security expert and co-founder of hoshi.io Haresh Savani said that on average, every day hackers steal about $ 2.5 million from crypto-exchanges, and most of the hacks are hidden by the exchanges themselves.

Not all hacker attacks are equally harmful: for example, today it became known that hackers hacked Google Assistant, warning users that their phones are tapped.

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LITECOIN WILL ADD SUPPORT FOR SENSITIVE TRANSACTIONS

LITECOIN WILL ADD SUPPORT FOR SENSITIVE TRANSACTIONS

The Creator of Litecoin, Charlie Lee, this Monday announced a new vector of development of his cryptocurrency – the addition of confidential transactions.

Lee spoke on the same topic at the Money 2020 conference in October last year. Then he explained that the “stale” bitcoins received from the address involved in suspicious transactions carry additional risks for their recipient. In this context, Lee says, Monero has an important advantage over Bitcoin, since all its moments are interchangeable due to the anonymity of the protocol. The creator of Litecoin also claims that the transparent transfers in the blockchain lead to the conclusion about the well-being of the users participating in them, which also does not contribute to the popularity of certain cryptocurrencies.

Lee did not say, what kind of technology will be used to integrate confidential transactions in Litecoin, but noted that the hard fork for this will not have to be carried out.

Answering the question about when users should expect the appearance of new opportunities for the cryptocurrency, Lee said that he expects to complete the work this year.

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Friday, January 25, 2019

ALCEDO Offers Real Cryptocurrency Adoption in its Purest Form

In the Midst of Broadening Cryptocurrency Adoption, ALCEDO Offers a Complete and User-Friendly System

As the cryptocurrency market’s bearish trend of 2018 slowly begins to show signs of easing, the foundations for new trends are being forged. Now entering its second decade, the blockchain ecosystem continues to mature and is manifesting itself in increased cryptocurrency adoption.

Currently there are several online platforms that allow people to buy cryptocurrencies with traditional fiat currency for daily use via bank transfer or card. However, as not all platforms support the same currencies, crypto or otherwise, these options often require multiple accounts. The required disclosure of personal data, as well as the difficult and cumbersome handling of the different platforms, is time consuming and inefficient.

The ALCEDO team offers a solution that addresses these shortcomings simply and elegantly. The ALCEDO platform began development in 2016 as an easy to use platform for gold and cryptocurrency saving plans. Designed for individuals and ecosystems that have adopted or plan to adopt cryptocurrencies as a method of payment, the ALCEDO platform provides fluid and transparent access to the most advanced global financial ecosystems.

One crucial element that is necessary for cryptocurrency adoption is convenience. For adoption to flourish, the end user cannot feel that any extra effort is necessary on his or her part to use cryptocurrencies rather than fiat currency.

Gone are the days of juggling multiple crypto wallets and complicated platforms. ALCEDO allows users to facilitate both cash and cashless transactions is compatible with all major cryptocurrencies.

ALCEDO Will Provide a System Designed for the Next Wave of Cryptocurrency Adoption

Without neglecting the present and its rich portfolio of relationships, the ALCEDO team has thought about the future; both, in the medium and long term. To improve cryptocurrency adoption rates, a virtual and physical ecosystem has been designed. Every time we see fewer bank branches, they close small branches and pass their huge listings to central offices. This trend brings the physical access points of customers towards a more centralized system if possible. These movements demonstrate a coming change.

In order to satisfy the obvious needs of a young blockchain market, several points support the ecosystem around the ALCEDO token (ALCE). The abysmal difference between ATMs compatible with cryptocurrencies and those that are not compatible is patent; We can affirm that there is no possible comparison yet. For this, a push aimed at installing more ATMs compatible with cryptocurrencies (hereinafter K-ATM) and tokens was necessary; ALCEDO will invest a part of its capital in this, installing progressively K-ATMs. We recommend consulting the white paper for more details on the K-ATM machines installation plan.

In 2019, the Trend Is Aiming Towards the Functionality of Wallets as a Way to Success

The objective of the ALCEDO core stands out at first sight. A very complete ecosystem around the client, unified by physical and virtual supports. Hybridization in all senses, compatible with the financial ecosystems and the daily life of the user. In the project whitepaper, the team states:

“Our main goal is the service to our customers by setting up physical POINTS supported by our service experts and crypto machines.”

To access the ALCEDO platform, all you need is a smart phone and an Internet connection. From there, the wallet offers a system of self-management to exchange, transfer, and convert currencies. You can easily exchange cryptocurrencies to fiat and vice versa. The integrated ATM system provides total freedom for exchange management in a secure environment.

The ALCEDO Card – a Bridge Between the Traditional and Crypto Fintech World

In newly created ecosystems, the focus is often on supplanting the traditional system, but that can be too ambitious in the short term. Therefore, the easiest solution for gaining an early foothold, for viable use cases, is to integrate the newly created crypto systems with the traditional one. Acting as a bridge between crypto and traditional fintech, the ALCEDO debit card allows customers to buy or sell cryptocurrencies at ALCEDO ATMs and POS terminals.

In addition to the standard use cases, ALCEDO’s partnership with ClickGem will offer a whole associated ecosystem to provide liquidity and other advantages. The cryptocurrency market is changing rapidly and adoption opens up all manner of use case possibilities in both the crypto and traditional fintech world. For this reason, the ALCEDO card will offer a bridge between the two financial worlds; offering liquidity in both directions.

ClickGem Will Provide More Users, More Volume and More Versatility in a Hybridized Environment

The ClickGem project represents an ecosystem that combines compatible applications with fiat currencies and cryptocurrencies, making ALCEDO’s options and use cases that much more robust.

Its letter of introduction is the ClickGem payment gateway, which provides support to buyers with any fiduciary or cryptocurrency currency without friction. In this aspect, the partnership with the ALCEDO Platform expands the capabilities of the currency exchange and use of its token.

ClickGem manages a platform to facilitate the purchasing process by integrating and supporting transactions between most of the major fiat currencies and cryptocurrencies. The process becomes very simple through the platform’s API and an ecosystem of connected apps.

ALCEDO Access Points Demonstrate the Progress of the Crypto Industry Through Physical P2P Services

ALCEDO access points (ALCEDO Points) are available under a franchise system, which will create jobs and allow for a greater and faster acceptance of the ecosystem. The first ALCEDO Point was launched on September 1, 2018.

The ALCEDO core team ensures that the ALCEDO Points are staffed by the best advisors who are professionally trained and conveniently accessible. The licensing rights for a franchise can only be paid for with ALCE tokens.

Providing use cases, a reliable and tangible place of information, demand and volume of operations of the ALCE token… all of these aspects form an ecosystem that is set apart from other crypto platform offerings, but it is the ALCEDO Point that really distinguishes it from other contenders.

Since users are already able to buy and sell cryptocurrencies on the platform, franchise owners can start to operate completely independent of the ALCE token ICO.

The ALCE Token Sale Offers Advantages to Early Investors

The ALCEDO token sale is already underway and is being held in three phases. Phase 1 was launched on December 1, 2018 and has almost reached its end. During this phase, participants will receive a 50% discount on all token purchases – 0.20 € per ALCE instead of 0.40 €. The last day to purchase ALCE tokens during this phase is January 31, 2019.

The dates for the remaining two phases and their respective discounts are as follows:

Phase 2

  • February 1 – March 31, 2019
  • 30 € per ALCE
  • 25% discount

Phase 3

  • April 1 – May 31, 2019
  • 40 € per ALCE
  • No discount

ALCE is an ERC-20 token with a total coin supply of 100 million ALCE. 40 million ALCE are earmarked for the token sale and may be purchased using Bitcoin (BTC), Ethereum (ETH), or PayPal.

For more information about ALCEDO and its ALCE token, please visit the resources below:

Website: https://www.alcedoplatform.com

Token sale: https://www.alcedoplatform.com/#token

Whitepaper: https://www.alcedoplatform.com/assets/images/Alcedo-whitepaper-eng.pdf

Telegram: https://t.me/alcedoplatform1

Twitter: https://twitter.com/CoinAlcedo

Facebook: https://www.facebook.com/alcedoplatform

Email: service@alcedoplatform.com

 

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SAMSUNG GALAXY S10 WILL BE EQUIPPED WITH A BUILT-IN CRYPTO-WALLET

SAMSUNG GALAXY S10 WILL BE EQUIPPED WITH A BUILT-IN CRYPTO-WALLET

The network leaked images of the new model of the flagship smartphone Samsung Galaxy S10, probably equipped with a built-in crypto-wallet.

Internet portal, after the appearance of pictures of Samsung Galaxy S10, began to share the assumptions that the new model can be equipped with a built-in wallet for cryptocurrencies. So far, the Galaxy S10 has not been officially presented to the public, but there is information that the largest Korean manufacturer has sent the first batch to retail chains.

It is noteworthy that judging by the screenshot Galaxy 10 will only support Ethereum. However, it is impossible to say anything with accuracy, because the official statement from the company has not yet been received. On the icons in the interface of the new function there is a Bitcoin, which may indicate that the smartphone will “learn” to support other cryptocurrencies by the official launch.

If the rumors are confirmed, and the screenshots do present Samsung Galaxy S10 with native cryptocurrency support, the new model will become a serious competitor for similar devices from HTC and other manufacturers of blockchain smartphones.

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HUOBI IS LAUNCHING A NEW VERSION OF HUSD V2.0 STABLECOIN EXCHANGE TOOL

HUOBI IS LAUNCHING A NEW VERSION OF HUSD V2.0 STABLECOIN EXCHANGE TOOL

This Thursday, Cryptocurrency exchange Huobi announced the launch of the second version of its tool for the exchange of stablecoin. As before, it allows you to exchange four stablecoins (PAX, TUSD, USDC and GUSD) to HUSD – which in itself is not a stablecoin and cannot be withdrawn from the exchange.

HUSD V2.0 is available in experimental mode and has an important difference from the previous version. So, in HUSD V2.0 fixed exchange rate was eliminated (1:1). Now stablecoins are exchanged at the market rate in US dollars, which is determined in accordance with the Fiat-cryptocurrency pairs of the largest exchanges.

In this regard, the exchange of stablecoins is no longer carried out automatically – users are invited to choose the time of exchange and the volume of the transaction.

For example, if the user swaps 1 000 PAX for HUSD at the rate of PAX/HUSD in 0,9998, he gets 999,8 HUSD and not 1 000, as before. In the same way, the exchange works in the opposite direction.

 

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BLOOMBERG: BITCOIN PRICE EXPECTS SHORT-TERM RALLY

BLOOMBERG: BITCOIN PRICE EXPECTS SHORT-TERM RALLY

Soon the price of bitcoin will start a short-term cycle of increase, says Bloomberg. In their opinion, this is indicated by the low value of the GTI Global Strength Technical Indicator and trading at a level slightly above the lower limit of the GRI VERA Trend Signals indicator.

Key technical parameters signal that the price of bitcoin (BTC) has probably already reached the “bottom” and is looking for a short-term increase. This opinion was expressed by analysts of Bloomberg.

GTI Global Strength Technical Indicator is 35.6, which is the lowest level since December and is “approaching the level of resale”. The parameter means that the BTC price has received strong support at $3000-$3100 and is stabilizing at $3500.

Bloomberg allowed the possibility of a short-term rally based on the GRI VERA Trend Signals indicator, which is used to determine price trends in a variety of time intervals.

Although on January 22nd, the value of the VERA indicator broke the lower limit, the BTC price played a fall and returned to trading at a level slightly higher than the lowest VERA indicator. According to Bloomberg, it also indicates the imminent onset of the “rally”.

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“BLOCKCHAIN-AIRBNB WITHOUT INTERMEDIARIES” BEGAN TO CHARGE A COMMISSION FROM USERS AFTER THE ICO

“BLOCKCHAIN-AIRBNB WITHOUT INTERMEDIARIES” BEGAN TO CHARGE A COMMISSION FROM USERS AFTER THE ICO

The company, which promised to give the world a “decentralized Airbnb” began to take a Commission from individual customers, “to survive in a highly competitive environment.”

The trend towards decentralization of the business model can radically change the services familiar to consumers. For example, now booking apartments while traveling is often done through Airbnb. However, Airbnb is an intermediary company, which takes about 3% from the owner and another 6-10% from the traveler, which brought her $ 2.6 billion in income last year.

Decentralized applications can ideally allow you to do in that way without intermediaries, property owners will be able to get more, and travelers – to save. An example of such a decentralized offer promised to be Bee Token.

The company raised $ 4.5 million during the ICO last February as an alternative to Airbnb, promising significant savings to both owners and travelers. The whitepaper team promised that there would be no commissions, hoping to become a new, improved Airbnb. The market capitalization of the token reached 11 million in April, but now it is less than $500,000.

 

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A NEW TOOLKIT FROM BITFURY WILL MAKE IT EASIER TO USE LIGHTNING

A NEW TOOLKIT FROM BITFURY WILL MAKE IT EASIER TO USE LIGHTNING

The Lightning Network is still under development, but that hasn’t stopped the Bitfury Group from launching new products that are designed to make it easier for sellers and consumers to use the system.

LN is called the “Savior” of Bitcoin, as the speed of transaction processing in the network is equal to or even exceeds the speed of alternative cryptocurrencies, which appeared much later than Bitcoin. Fast and inexpensive transactions will, without any doubt, speed up the adoption of cryptocurrencies in everyday life, but so far progress has not been very good.

Founded in 2011, Bitfury, a blockchain solution provider, aims to improve the situation with new LN-based products. The package includes an open source Bitcoin wallet for the Lightning Network, a hardware terminal and e-Commerce software for manufacturers, payment gateways, and a set of developer tools. Bitfury has also launched a public node on the Lightning network, to make it easier for users to open channels to send and receive payments.

 

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Thursday, January 24, 2019

THE KOREAN CRYPTO-EXCHANGE ACCIDENTALLY SENT CRYPTOCURRENCY WORTH MORE THAN $5 MILLION TO ITS USERS

THE KOREAN CRYPTO-EXCHANGE ACCIDENTALLY SENT CRYPTOCURRENCY WORTH MORE THAN $5 MILLION TO ITS USERS

As a result of a technical error, the Korean crypto-exchange Coinzest sent various cryptocurrencies totaling more than $5 million to its users. Some traders hurried to get rid of the unexpected “gift”, because of which the price of BTC on the site fell to $50. Now the administration Coinzest plans to return these funds.

The incident occurred as a result of an attempt to organize airdrop tokens of the We Game Tokens (WGT) project. Some traders also got Korean won due to server issues.

By January 19th, Coinzest managed to restore the server and return about half of the lost Korean currency, and now the site plans to cancel erroneous transactions, although it does not specify how it is going to do that. While the administration of the exchange asked to return the funds voluntarily. However, some traders who accidentally received crypto assets hurried to get rid of them, which is why the price of bitcoin on the site at some point fell to $50.

 

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SHUTDOWN CONTINUES IN THE US: BAKKT WILL NOT RUN, WHILE TRUMP GIVES IN TO DEMOCRATS

SHUTDOWN CONTINUES IN THE US: BAKKT WILL NOT RUN, WHILE TRUMP GIVES IN TO DEMOCRATS

US President Donald trump intends to stand firm on his demand for the construction of a wall on the border with Mexico. Trump said that he is in whatever it will fulfill its election promises, despite the ongoing more than a month shutdown of the government. For these reasons, the launch of the platform for trading Bakkt digital assets is postponed indefinitely.

Meanwhile, Republicans in the Senate have made an attempt to stop the “shatdown” and allocate funds for the construction of the wall as part of the package of measures proposed by the President. The vote in the Senate may take place today – on Thursday, but there is no indication that the plan is ready to support a sufficient number of Democrats.

Because of the “shutdown” affected approximately 800,000 civil servants, of which about 420,000 continue to work without being paid, and the rest has been sent to forced vacation. Some people have to look for temporary jobs.

While the shutdown had no impact directly on bitcoin, but the approval of Bakkt launch, due to the limited work of the Commission on trade in commodity futures has been postponed.

 

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“DOCTOR WEB” DISCOVERED A “TROJAN” THAT STEALS PASSWORDS FROM CRYPTOCURRENCY WALLETS

“DOCTOR WEB” DISCOVERED A “TROJAN” THAT STEALS PASSWORDS FROM CRYPTOCURRENCY WALLETS

Specialists of the company “Doctor Web” found a virus that steals passwords from cryptocurrency wallets.

In the autumn 2018, in the online communities that are dedicated to cryptocurrencies, the first messages appeared with a proposal to install a widget to track the rates of digital currencies.

As experts note, at first glance, the application does not raise suspicions: it has a valid digital signature and it shows the current information about the exchange rate of cryptocurrencies, but it hides malicious functionality.

During installation, the program downloads, compiles and executes the source code downloaded from the developer’s personal account on Github. After, it downloads the Trojan.PWS.Stealer.24943, also known as AZORult. Then the Trojan is used to steal personal data, including passwords of cryptocurrency wallets.

It is noted that the download file is still available on profile resources, including Github.

 

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CRYPTO-ENTREPRENEUR FROM ISRAEL LOST HIS BITCOINS WHEN TRYING TO BUY GRIN

CRYPTO-ENTREPRENEUR FROM ISRAEL LOST HIS BITCOINS WHEN TRYING TO BUY GRIN

Israeli crypto-entrepreneur Moshe Hogeg, known for his participation in Sirin Labs and some other projects, became a victim of scams and lost a “significant amount” in bitcoins when he was trying to buy a large amount of cryptocurrency Grin.

Hogeg posted a message to the Israeli cryptocurrency community on Facebook, where he told about the incident. According to him, he resorted to the help of a trusted OTC service. According to the publication, the seller was recommended to Hogeg by a “Trustee”.

Before sending bitcoins, the entrepreneur asked to give him a certain amount of Grin to make sure that the seller really has a cryptocurrency. Having received the necessary confirmation, he allegedly fulfilled the terms of the agreement on his part and sent the agreed amount in bitcoins, after which the seller and the Trustee evaporated.

Hogeg reported that he was already consulting with a lawyer on the matter.

The Grin cryptocurrency, which uses the Mimblewimble privacy Protocol, was launched on January 15th.

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BINANCE LAUNCHES ITS OWN OTC PLATFORM

BINANCE LAUNCHES ITS OWN OTC PLATFORM

Cryptocurrency exchange Binance joined the General trend of recent times and this Wednesday announced the opening of its own OTC service.

Unlike the offer of some other companies in this space, Binance OTC-platform will allow to exchange exclusively between cryptocurrencies without attracting Fiat, but to do it with large volumes than the main glass of the exchange allows.

Binance does not specify which assets will be traded on the new platform, only reporting the availability of “many cryptocurrencies presented on the exchange.” Debiting and crediting of funds will be carried out directly through the main accounts of users on the exchange.

To gain access to the OTC platform, the user must have a verified account and contact the exchange via e-mail – tradedesk1@binance.com. The minimum transaction volume is 20 bitcoins.

The main advantage of transactions on OTC platform is that it can boast similar services of competing companies: the ability to quickly exchange a large amount of cryptocurrency and pre-determine the execution price, as well as privacy, which is provided by the conclusion of transactions outside the main order book.

By now, a number of cryptocurrency firms have managed to open their own OTC services, including Bittrex, Coinbase, OKEx, Huobi, Circle, itBit, Kenetic Capital, Genesis Trading and SFOX.

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Wednesday, January 23, 2019

THE TON NETWORK WILL BE LAUNCHED IN MARCH

THE TON NETWORK WILL BE LAUNCHED IN MARCH

The presentation of the project TON will be held at a meeting with major investors during the month, and the main network will be launched in March.

A source familiar with the development of the project noted that the TON blockchain platform will be presented at the meeting of the largest investors of the project within a month. Another source also confirmed the information.

In the latest newsletter to investors published on @Tgram channel, it was mentioned that “the team working on TON is ready for full launch in early 2019, although there may be a slight delay of 2-3 months due to the “innovative nature of development”.

As reported in the document, the platform at the time of distribution to investors was ready for 90%, in February it was planned to audit the test network, and the launch of the main network – in March.

Recall that the project attracted $1.7 billion in preliminary token sales, but all the money will have to be returned if the blockchain platform is not launched before the end of October this year.

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SWISS BANK FALCON LAUNCHES CRYPTOCURRENCY WALLET WITH THE ABILITY TO WITHDRAW FUNDS TO FIAT

SWISS BANK FALCON LAUNCHES CRYPTOCURRENCY WALLET WITH THE ABILITY TO WITHDRAW FUNDS TO FIAT

On January 21st, the Swiss Bank Falcon Private Bank presented support for direct cryptocurrency transfers and storage services for the most used cryptocurrencies within its own digital wallet.

As reported, at the moment Falcon supports four main types of cryptocurrencies: Bitcoin, Litecoin, Ether and Bitcoin Cash.

Falcon also announced the development of its own custodial solution aimed at ensuring the safe storage of digital assets for various classes of investors. Custodial service Falcon was reported to have already passed the audit from third-party providers of financial services, the results of which confirmed the full compliance with safety and local regulations to combat money laundering.

Falcon Private Bank first received permission to manage blockchain assets in July 2017, after the approval of the Swiss Financial Supervisory Authority (FINMA).

 

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NEBULAS CUTS MORE THAN HALF OF ITS STAFF

NEBULAS CUTS MORE THAN HALF OF ITS STAFF

Engaged in the development of the Nebulas blockchain platform, the startup has cut its own staff from 80 employees to 30. The company has gone through a series of cuts, in the process of abandoning the peripheral elements of its roadmap, at least until the recovery of its NAS token rate.

The NAS token, which was released on the ICO for $2 and reached a peak above $14 in January last year, today costs about $0.57 and has a capitalization of $26 million, which is why it is already outside the top 100 on CoinMarketCap.

The company’s spokeswoman Becky Lu did not specify whether the decision to cut was directly dictated by funding problems. A few months before the start of this process, Nebulas raised $60 million.

According to Lu, the reserves of the project will be enough to ensure its operational activities over the next two years and further progress in accordance with the roadmap.

“The team has mostly completed technological developments, so this year our main task will be to organize community management and consensus to achieve full decentralization,” she added.

Previously the abbreviations on the background of reducing the cryptocurrency market said companies such as Steemit, ConsenSys, Bitmain and ShapeShift.

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IN LONDON OPENS THE FIRST BLOCKCHAIN-BASED SMARTPHONES SHOP IN THE WORLD

IN LONDON OPENS THE FIRST BLOCKCHAIN-BASED SMARTPHONES SHOP IN THE WORLD

The company Sirin Labs will open “the world’s first” store selling blockchain smartphones, in London. In the store, the company, in particular, will sell its Finney device.

The assortment of the store will be focused on the Finney blockchain smartphone, the sales of which began in November last year. The price of the device will be $999 in the store.

Sirin Labs expressed the hope that the store will also become a place of meetings and events for the local crypto community.

The blockchain smartphone includes a dual screen, and a second display, called 2in Safe Screen and located on the reverse side, and is used for cryptocurrency transactions. The smartphone also has a built-in hardware wallet with leading assets’ support.

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HUOBI ANNOUNCED PLANS TO RELEASE ITS OWN STABLECOIN

HUOBI ANNOUNCED PLANS TO RELEASE ITS OWN STABLECOIN

Cryptocurrency exchange Huobi plans to release its own stablecoin this year as part of its roadmap. During the presentation in Singapore, commercial Director Chris Lee also announced plans to update the trading platform and continue global expansion.

Last October, Huobi significantly expanded the list of stablecoins supported by its platform and launched a solution called HUSD, which allows users to exchange between four of them.

In addition, today the portal South China Morning Post reported that CEO of Huobi Livio Weng confirmed the information about the reduction of the company’s staff.

“We don’t know how long the bear market will remain, so we assume that we will have to fight for existence. We carry out planning in advance and approach spending money wisely,” he said, adding that his company limits the financing of non – profitable units.

In recent weeks, Huobi has reduced a total of about 100 positions and currently has about 1,300 employees worldwide.

At the same time, according to Weng, Huobi remains profitable for each individual month.

Recently, the blockchain cryptocurrency wallet announced its intention to integrate one of the existing stablecoins into its platform.

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Tuesday, January 22, 2019

THE BEAM BLOCKCHAIN HAS BEEN STOPPED FOR A WHILE

THE BEAM BLOCKCHAIN HAS BEEN STOPPED FOR A WHILE

At approximately 8:00 UTC, the developers, focused on the privacy of cryptocurrency Beam on the basis of a Protocol MimbleWimble, reported about the stop of the network on the block #25709.

 

The problem was soon discovered and fixed. The developers have also made the appropriate changes to the repository on GitHub.

 

Earlier, a critical vulnerability affecting both the desktop version and the CLI implementation was found in the Beam Wallet wallet.

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STOCK EXCHANGE OF THAILAND IS LAUNCHING A PLATFORM FOR TRADING DIGITAL ASSETS

STOCK EXCHANGE OF THAILAND IS LAUNCHING A PLATFORM FOR TRADING DIGITAL ASSETS

The stock exchange of Thailand (SET) is in the process of obtaining a license to launch a platform for trading digital assets, including cryptocurrencies. It is assumed that the users of the new platform will be institutional investors.

According to a member of the Board of Directors, investment firms are looking forward to the opening of the service.

According to the portal Bangkok Post, the new platform will be technically separated from the actual stock exchange of Thailand, but “will have access to the capital and the audience of the traditional market.” The representative of SET added that not only cryptocurrencies, but also other digital assets will be traded on the platform.

In late November, cryptocurrency exchange of Gibraltar got the state license. The operator of the site is the same company that operates the local stock exchange.

The Stuttgart stock exchange intends to launch a cryptocurrency trading platform in the first half of 2019.

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IT IS SUPPOSED THAT IN THE DARKNET KYC-USER DATA OF BITTREX, POLONIEX, BITFINEX AND BINANCE CAN BE SOLD

IT IS SUPPOSED THAT IN THE DARKNET KYC-USER DATA OF BITTREX, POLONIEX, BITFINEX AND BINANCE CAN BE SOLD

On the Dread darknet site, personal data of customers of cryptocurrency exchanges who have passed the KYC (Know Your Customer) procedure are offered for sale.

As it became known, in July 2018 the hacker under the nickname “ExploitDOT” on the marketplace posted an announcement about the sale of stolen documents, that the exchanges ask from users to pass the identification procedure — driver’s licenses, passports, income information, credit history, data about the place of work. ExploitDOT says that he has customer data of Bittrex, Poloniex, Bitfinex and Binance.

The cost of 100 documents is $10. The hacker is also ready to sell the stolen information in bulk-when buying 25 000 documents, the cost of 1000 files will be only $1.

CCN contacted a cybersecurity expert who wished to remain anonymous, and with his help established contact with the hacker to confirm information about the data offered for sale.

It is reported that the cybersecurity expert received from the attacker photos of three users holding their own identity cards and/or driver’s license, as well as a sheet with the inscription “Binance”, on which has been indicated the date when the photo was taken.

As it is reported, the specialist on cyber security immediately contacted Binance to authenticate the received information. Representatives of Binance said about “some inconsistencies” of the provided “probes”. The exchange also stated that no signs of unauthorized access to their system were found.

 

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HUOBI NEXT AND HUOBI MAIN PROMISE A FREE LISTING OF PROJECT TOKENS

HUOBI NEXT AND HUOBI MAIN PROMISE A FREE LISTING OF PROJECT TOKENS

The Russian cryptocurrency exchange Huobi Russia has announced a potential opportunity for tokens of new blockchain projects to get free access to such international trading platforms as Huobi Next and Huobi Main. The condition is the passage of the listing on the Huobi Russia, for which it is necessary to meet a number of conditions.

The list of requirements includes such items as the technological quality of the product, the size of the community, the number of investors and much more.

The cost of placing a token on Huobi Russia starts from 10000 HT (1 HT ± $1). At the same time, Andrey Grachev, head of Huobi Russia, notes that projects can pay a part of the amount with their own tokens.

Andrey Grachev noted that this is a great opportunity for blockchain startups to bring tokens of their projects to the international arena. In addition, since the quality of the projects will be already checked by experts of Huobi Russia – the process of listing on international Huobi sites will require much less cost and effort.

It is worth noting that the cryptocurrency exchange Huobi Russia has been operating in Russia since November 12th, 2018. The project collaborates with the Center for Digital Transformation of VEB and the Russian economic University.

 

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HARDWORK ETHEREUM CONSTANTINOPLE WAS POSTPONED TO 27TH OF FEBRUARY

HARDWORK ETHEREUM CONSTANTINOPLE WAS POSTPONED TO 27TH OF FEBRUARY

The Ethereum-Constantinople network update, which was scheduled for January 17th, did not take place due to the vulnerability discovered on the eve of the hard fork. On January 18th, after online negotiations Ethereum developers decided to postpone the update to the end of February.

Recall, the day before the hard fork, the audit company ChainSecurity in one of the five upcoming network improvements (EIP 1283) revealed a vulnerability similar to the one that was found during the infamous robbery of the DAO in 2016. The developers agreed on the need for additional tests of EPI 1283 and decided to completely exclude it from the current update.

Constantinople Hard fork will be activated as follows: first, an update will take place, which includes a full set of improvements, after which the vulnerable EPI will be immediately eliminated. Thanks to this, users of test and private networks that have already integrated Constantinople will be able to update their version without having to roll back the transaction history.

 

The post HARDWORK ETHEREUM CONSTANTINOPLE WAS POSTPONED TO 27TH OF FEBRUARY appeared first on Bitcoin News.



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Monday, January 21, 2019

2018 Full Year Crypto Report by CoinGecko

2018 Full Year Crypto Report by CoinGecko

CoinGecko has released its 2018 Yearly Crypto Report. This is their 6th quarterly report and the second full year report after the 2017 Yearly Report.

For this full year report, the team of researchers worked tirelessly to produce 83 pages of insights covering the market in 2018. CoinGecko also partnered with industry leaders to provide insights into the various crypto segments – there are Dapp.com covering decentralized applications, TokenMarket covering Security Tokens, Masternodes.Online covering masternodes, and NonFungible.com covering Non-Fungible Tokens.

According to the report, 2018 was a very bearish year for the cryptoasset industry. The market capitalization of the top-30 coins fell on average 78.85% in 2018.

Among the top 5 cryptoassets, Bitcoin Cash saw the worst loss where its price fell by 93%.

 

Find the full report below.

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THE UAE AND SAUDI ARABIA ANNOUNCED THE CREATION OF A NEW CRYPTOCURRENCY

THE UAE AND SAUDI ARABIA ANNOUNCED THE CREATION OF A NEW CRYPTOCURRENCY

The United Arab Emirates and Saudi Arabia announced the signing of a cooperation agreement to create a cryptocurrency, the official news Agency of the UAE Emirate News Agency reported on January 19th.

According to the official report, the Executive Committee of the Council, consisting of 16 representatives of the UAE and Saudi Arabia, held a meeting in Abu Dhabi to discuss the joint initiative within the framework of strategic cooperation.

In addition to developing a digital currency for cross-border trade, the countries intend to cooperate on 6 more programs, including programs in the field of civil aviation and the development of financial literacy among young people.

It is reported that the new cryptocurrency “will be strictly aimed at banks in the experimental phase, in order to improve understanding of the consequences of the introduction of blockchain technology and facilitation of cross-border payments.”

Ultimately, in the framework of the joint program, the parties shall endeavor to protect the interests of final consumers, establish standards for the use of technology and to consider the risks on cybersecurity to determine the effect of such currency on monetary policy, according to the Emirate News Agency.

 

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IN 2018, BITPAY PROCESSED A RECORD AMOUNT OF CRYPTO-TRANSFERS (MORE THAN $1 BILLION)

IN 2018, BITPAY PROCESSED A RECORD AMOUNT OF CRYPTO-TRANSFERS (MORE THAN $1 BILLION)

Despite the drop in prices for cryptocurrencies in 2018, the operator of bitcoin payments BitPay set a record for the volume of implemented crypto-transactions more than $1 billion. The segment of B2B payments processed by the company grew by 225%, and the number of BitPay employees increased by almost 80%.

Not all blockchain industry companies suffered from a protracted correction last year. Thus, BitPay reported that in 2018 he processed transactions worth more than $1 billion.

In the past year, the list of clients of the company, which provides services of corporate payments and acquiring, was replenished: its services began to use Dish Networks, HackerOne and even the government of Ohio.

The volume of the segment of B2B services increased by 225% compared to the last year — at the expense of clients among law firms, operators of data centers and the IT vendors that have begun to accept payments in bitcoin.

The company added that last year the number of technical errors in payment was reduced, and the amount of money lost due to technical errors decreased from 8% to 1%.

Last year, BitPay also raised $40 million in the second round of funding. However, while many blockchain companies are firing employees, BitPay has increased its staff by 78% during the year.

 

The post IN 2018, BITPAY PROCESSED A RECORD AMOUNT OF CRYPTO-TRANSFERS (MORE THAN $1 BILLION) appeared first on Bitcoin News.



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HEAD OF CHICAGO BOARD OPTIONS EXCHANGE: CRYPTOCURRENCY MARKET NEEDS BITCOIN-ETN

HEAD OF CHICAGO BOARD OPTIONS EXCHANGE: CRYPTOCURRENCY MARKET NEEDS BITCOIN-ETN

CBOE Director Edward Tilly believes that the cryptocurrency market does not have enough existing bitcoin futures-they need to be supplemented with exchange notes based on cryptocurrencies.

To continue the growth of the cryptocurrency market, it is necessary to introduce exchange notes (exchange-traded notes, ETN), based on bitcoin into circulation. This was stated by the head of the Chicago Board options exchange (CBOE) Edward Tilly.

According to Tilley, the turnover of bitcoin-based financial assets at CBOE is low due to the lack of specialized investment tools. The head of CBOE is sure that this problem can be solved by bitcoin-ETN, the security of which is secured by debt obligations, rather than a physical asset. Consequently, individual investors will be able to access the most popular digital asset.

In addition, bitcoin ETN will be popular in North America, as they have a lower “input” barrier compared to potential bitcoin ETFs, says Tilly.

According to the head of CBOE, the success of the index VIX (Volatility Index, or “fear Index”) is due to the fact that it includes not only futures, but also exchange receipts. However, he noted that the introduction of bitcoin-ETN will be associated with difficulties on the part of the regulator.

 

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DURING THE FIRST 15 DAYS OF THIS YEAR, ICO PROJECTS RAISED $160 MILLION

DURING THE FIRST 15 DAYS OF THIS YEAR, ICO PROJECTS RAISED $160 MILLION

According to the results of a study conducted by the ICObench portal, the ICO campaigns that ended in the first half of January collected a total of about $160 million.

The authors of the report note that as of January 15th, 2019, ICO projects collected an amount of 33% of all funds raised by cryptocurrency startups in December and half of this amount was collected by only one project.

According to ICObench, in January of this year it was scheduled to be over 150 campaigns for the ICO of tokens that corresponds to the last seven months, with the exception of December.

In total, ICO projects are planning to raise more than $4 billion in January, and three of the five largest projects have already reached or almost reached their own maximum limit.

However, the popularity of fundraising through initial token placement continues to fall, as evidenced by the decline in the number of ICO listings. The most successful were Canadian projects, mostly registered in the Netherlands, and which in total managed to raise about $80 million.

Recall that, according to the recently published results of a study conducted by the BitMEX cryptocurrency exchange, the capitalization of today’s reserves of own tokens of all completed ICO projects is about $5 billion.

The post DURING THE FIRST 15 DAYS OF THIS YEAR, ICO PROJECTS RAISED $160 MILLION appeared first on Bitcoin News.



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CRYPTO FUND 1CONFIRMATION ATTRACTS $60 MILLION

CRYPTO FUND 1CONFIRMATION ATTRACTS $60 MILLION

The crypto investment firm, 1confirmation, backed by Mark Cuban, is launching a second round of funding, the WSJ reported.

The WSJ source noted that the Fund hopes to raise another $60 million to invest in cryptocurrency startups in the early stages through a traditional stake in the company, as well as through the purchase of tokens. The first Fund raised $26 million in December 2017, with the support of Mark Cuban, as well as Thiel Capital, Runa Capital and Real Ventures.

1confirmation is not the only Fund, and it has yet to compete for investors’ attention, for example with Pantera, which launches Pantera Venture Fund III and plans to raise $175 million. The 1confirmation Fund, however, also has strengths: it is managed by former Coinbase and Runa Capital employee Nicholas Tomaino, and has only one failed project in the investment portfolio.

Recall that in April last year, billionaire and owner of the professional basketball club Dallas Mavericks Mark Cuban said that he equally hates both gold and bitcoin, as they are not viable alternatives to the national currency. However, skepticism does not prevent him from selling tickets for matches for cryptocurrencies, as well as investing in profitable investment projects.

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Friday, January 18, 2019

SATOSHILABS, TOGETHER WITH A PARTNER, RELEASED “LUX” CLASS HARDWARE WALLETS

SATOSHILABS, TOGETHER WITH A PARTNER, RELEASED “LUX” CLASS HARDWARE WALLETS

Company SatoshiLabs and Singapore Company Gray International, which specializes on the customization of the device, on iOS and Android,  presented a joint product — a series of “cold storage” of a “Lux” class with IOS best wallet Core and titanium case.  The “cold storage” lux class wallets are called Corazon. The price of new devices ranges from $695 to almost $1500.

Wallets Corazon built based on best wallet Core used in the hardware Model T. Included with the wallet is a wire standard USB-C. Corazon can also serve as a device for managing passwords and tokens for two-factor authentication.

The cheapest model costs $696. The limited edition model (produced only 500 pieces) has black vacuum deposition (PVD). The most expensive wallet called Corazon Gold costs $ 1,496, limited to a series of 100 pieces and has a gold vacuum deposition on the case. The body of the new devices is shock-resistant, because it is made of a single piece of titanium.

 

The post SATOSHILABS, TOGETHER WITH A PARTNER, RELEASED “LUX” CLASS HARDWARE WALLETS appeared first on Bitcoin News.



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SAPPHIRE HAS INTRODUCED A VERSION OF THE RADEON VIDEO CARD FOR MINING THE CRYPTOCURRENCY GRIN

SAPPHIRE HAS INTRODUCED A VERSION OF THE RADEON VIDEO CARD FOR MINING THE CRYPTOCURRENCY GRIN

Sapphire company introduced a version of the Radeon RX 570 Nitro+ graphics card for mining the Grin cryptocurrency with an increased memory capacity up to 16 GB. Grin uses a new Protocol MimbleWimble and the hashing algorithm Cuckoo Cycle, demanding on the RAM. This was reported by the Chinese portal MyDrivers.

This video card is designed for mining cryptocurrency Grin, which was launched on January 15th. It is based on the MimbleWimble Protocol and the Cuckoo Cycle hashing algorithm. This algorithm is characterized by high memory consumption, so, as noted in Sapphire, the new graphics card will “significantly improve” the performance of the graphics card compared to ASIC-miners.

The new version differs from the standard Radeon RX 570 Nitro+ only in that it uses not 8, but 16 GDDR5 memory chips, which are soldered on both sides of the PCB.

The first cryptocurrency based on the MimbleWimble Protocol, Beam, was launched in early January.

The post SAPPHIRE HAS INTRODUCED A VERSION OF THE RADEON VIDEO CARD FOR MINING THE CRYPTOCURRENCY GRIN appeared first on Bitcoin News.



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REDDIT DISCUSSES POSSIBLE BITTREX HACKING

REDDIT DISCUSSES POSSIBLE BITTREX HACKING

An unknown client of the trading platform transferred to his address 280 million Status tokens and 28 million Power Ledger coins, users suspect that this transaction may be the result of hacking.

On the afternoon of January 17th, an unknown client of Bittrex exchange made three transactions of Status tokens for a total of 279 999 913 SNT ($6 580 000 at the current rate) and conducted three more operations with Power Ledger coins in 27 999 976 POWR ($2 771 997).

Reddit users began to actively discuss the incident and many suggested that the exchange could be attacked by hackers. This was influenced by the recent hacking of the New Zealand platform Cryptopia. Funds from Bittrex were transferred to an unknown address, which currently holds more than 100 different cryptocurrencies worth over $23.5 million.

The community believes that, most likely, it was a large purchase, although such a large limit on withdrawals looks extremely unusual. Representatives of the trading platform at the moment did not clarify this situation.

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