SINGAPORE – Rate3 aims to create a new global e-commerce ecosystem that ties consumers, merchants, suppliers and other intermediaries together with a native cryptocurrency that facilitates all transactions efficiently, cheaply and quickly. The cross-border e-commerce payment space today is far from perfect. Firstly, transaction costs and time — especially for cross-border payments — are excessive and inefficient. Secondly, there are no fully transparent and tamper-free reputation systems to assess the trustworthiness of buyers and sellers. Card fraud, which remains the main concern for online retailers, is costing online retail merchants billions of dollars today and is expected to rise to US$31.7 billion by 2020. Lastly, there is selective and deliberate exclusion from our financial systems today. This is especially prevalent and obvious in Southeast Asia (SEA): 73% of the 600 million SEA residents have no formal access to financial institutions. […]
This week the institutional over-the-counter (OTC) digital currency service, Genesis Global Trading, announced it’s creating a lending subsidiary called Genesis Capital that will offer cryptocurrency loans for a fixed period of time. Also Read: More Infrastructure Support Joins the Bitcoin Cash Ecosystem Market Maker Lending Services Genesis Capital will be a new lending firm for institutional investors that provides the opportunity to borrow a wide variety of digital currencies. The new subsidiary believes individuals and businesses will need cryptocurrency loans so they can deploy market making strategies, short spot, or use as additional capital to jumpstart a project. As the digital asset scene continues to grow, Genesis Capital thinks it’s time to strike the iron while it’s hot. “We believe now is a great time to offer an institutional-focused lending service because it will increase general liquidity in the marketplace, […]
Investment firm Wellington Management Co. has just thrown its $1 trillion hat into the cryptocurrency ring. Big Money According to the Boston-based investment management company’s February report, the private and independent firm is officially considering including cryptocurrencies in some portfolios, as its systems were recently upgraded to enable trading in Bitcoin derivatives. Wellington has also started taking out positions in companies related to cryptocurrency. According to Bloomberg, the team releasing the report includes equity research analyst Matthew Lipton and trading technologies principal Lee Saba. The report says: Various Wellington teams are already positioning portfolios to take advantage of mining and blockchain implementations by, for example, investing in select chipmakers making components [for tracking and creating digital coins]. However, it is important to note that Wellington’s official stance is one of caution. The firm has made it clear that it is not buying direct […]
South by Southwest (SXSW) has grown over the past three decades from its humble beginnings into a phenomenon that transforms Austin, Texas for 10 days every March. The conference brings together an influential crowd in tech, film, and music and covers emerging trends in the creative and entertainment industries. This year’s conference stretches from March 9-18th […] The post SXSW 2018: The Definitive Guide to Crypto Events and Parties in Austin appeared first on Blockchain Beach | Blockchain News and Events.
Charts can reveal a lot about crypto assets. Past performance and future indicators can be gleaned at a glance, but there’s also a lot more that can be ascertained. A study of several of the most popular blockchains, including bitcoin and ethereum, has shown transaction velocity to have reached its lowest in years. Cryptocurrency is moving at a slower rate, suggesting that a crypto recession could be on the cards. Also read: Bitcoin Usage Falls to Its Lowest in Months The Great Go Slow Begins Until recently, the cryptocurrency markets were believed to be largely disassociated from the traditional world of finance. Movements in the latter had little effect on the former. But when the stock market slumped a few weeks ago, bitcoin also dipped. It could have just been a coincidence. Or, as the lines separating Wall Street and Crypto […]
This week the popular cryptocurrency service Coinbase revealed a slew of announcements concerning certain aspects of the business. The exchange details its Segregated Witness (Segwit) rollout, plans to disable Paypal, new tax tools, and the hiring of 500 customer support agents. Also Read: Israeli Supreme Court Forbids Bank From Denying Service to Bitcoin Exchange Segwit and Taxes Coinbase representatives Tina Bhatnagar and Zach Abrams revealed some business changes that are being applied to the San Francisco based company this year. Abrams first details the company’s support for Segwit will be complete this week. According to the product manager, Segwit compatible BTC sends and receives for all customers will soon be available. “We are continuing to invest in our bitcoin infrastructure, and we will be working on implementing additional bitcoin scalability improvements like transaction batching and improved UTXO management,” explains Abrams. Following […]
Monero to Hard Fork with MoneroV Coming in Mid-March Hard forks in the crypto sphere are now commonplace, Bitcoin had countless blockchain splits over the past year. Just last month Litecoin forked amid a lot of controversy, much of which came from the founder of the original. Forks tend to draw in those looking for a… The post Monero to Hard Fork with MoneroV Coming in Mid-March appeared first on Altcoin Today.
A Dutch multinational financial provider, Rabobank has announced the possible introduction of a ‘cryptocurrency wallet’ tethered to the company’s banking services. The news follows the bank’s recent ‘high risk’ profiling of account holders that participated in bitcoin trading. Also Read: Israeli Supreme Court Forbids Bank From Denying Service to Bitcoin Exchange Rabobank Investigates the Idea of Introducing a Cryptocurrency Wallet to Its Online Banking Environment This week the Dutch institution, Rabobank, the second-largest bank in the Netherlands in terms of total assets revealed it may introduce a cryptocurrency wallet called “Rabobit.” The wallet idea is one of 22 concepts introduced in Rabobank’s internal Moonshot acceleration program. At the moment the idea is to host a cryptocurrency wallet that’s tethered to the company’s online banking environment. Rabobank says right now company employees are researching the benefits and risks tied to implementing a […]
Court Will Not Seize Crypto as Debt Payment from Bankrupt Citizen in Russia The Moscow bankruptcy court has ruled that cryptocurrencies of a bankrupt debtor will not be seized to pay his creditors. The trustee for the case has failed to convince the judge to include the debtor’s cryptocurrencies in the bankruptcy estate. Court Rejects… The post Court Will Not Seize Crypto as Debt Payment from Bankrupt Citizen in Russia appeared first on Altcoin Today.
Cryptocurrency startup Vaultoro is today announcing the launch of its second product: an online gold savings account known as Bar9. Using Bar9, customers can immediately invest their money in physical gold and thereby protect… BTC/gold exchange startup Vaultoro to launch Bar9 for gold savings accounts was published on CryptoNinjas.
South Africa’s crime police unit is reportedly investigating a scam involving bitcoin that may have impacted thousands of citizens. In a report from Business Tech, South Africa’s police squad, the Hawks, are looking into a scam that started with a company called BTC Global. It’s reported that the business in question is said to have had more than $50 million worth of traders globally. According to Hawks spokesperson Captain Lloyd Ramovha, there have been over 25,700 complaints regarding the company, with a majority of them outside of South Africa, adding: The amount is over $50 million and could rise as more victims come forward. The investigation is in its infancy. I also cannot say whether it is a Ponzi scheme. BTC Global is being investigated for contravening the Financial Advisory and Intermediary Services Act. It’s estimated that some traders in South […]
FLEETCOR Technologies, Inc. a global provider of commercial payments announced today they will launch a pilot program with Ripple, the enterprise global blockchain payments solution provider and Cambridge Global Payments, the FLEETCOR-owned B2B international… Commercial B2B payments firm Cambridge to pilot Ripple’s XRP was published on CryptoNinjas.
FundRequest, a decentralized marketplace built for open source collaboration, has announced a partnership with Indorse, a reward-based decentralized professional social network where users can control their data, to match talented and certified open source developers with available projects, bounties and jobs. FundRequest is a decentralized marketplace that provides a unique protocol for funding open source development and collaboration. It allows anybody to fund projects across the entire open source space, accelerating growth and at the same time providing a democratic system that allows development to reflect what users really want. FundRequest ensures that contributors to open source development are financially rewarded for their work and their partnership with Indorse will bring even greater benefits. Indorse utilizes the Ethereum blockchain to bring validity to the skills economy. Users can create a professional profile on the network and receive accreditation for their […]
Goldman Sachs Investment Chief: Crypto ‘Bubble’ Burst Will Affect 1% Of Global GDP The chief investment officer (CIO) of the Investment Strategy Group at Goldman Sachs, Sharmin Mossavar-Rahmani, said in an interview with Business Insider on Feb. 27 that cryptocurrencies are in a bubble, which, when it bursts, will impact only 1 percent of global GDP. Mossavar-Rahmani, who guides investment strategy… The post Goldman Sachs Investment Chief: Crypto ‘Bubble’ Burst Will Affect 1% Of Global GDP appeared first on Altcoin Today.
As of today, Australians are now able to buy Bitcoin and Ethereum from more than 1,200 newsagents around the continent. Australia for Bitcoin Buying Bitcoin or Ethereum in Australia is now as easy as walking to the nearest newsstand. Cryptocurrency exchange bitcoin.com.au has launched the convenient service, after installing out the infrastructure in various locations since 2016. Though easier than ever, many individuals still aren’t accustomed to the idea of buying a digital product from a physical vendor. In an interview with 9Finance, CEO Rupert Hackett explains: When your product is totally digital it can be hard to gain trust from consumers because there’s no tangible product being handed over. Using newsagents provides consumers with a convenient and trusted way for investors to buy cryptocurrency. The addition of Ethereum sales to the Bitcoin-focused exchange’s might come as a bit of a […]
The Republic of the Marshall Islands reportedly plans to issue its own cryptocurrency, the Sovereign (SOV), which would be treated as legal tender alongside the US dollar. This has the potential to impact the country’s relationship with the United States, which has long provided defense for the small nation.
The cryptocurrency industry is indisputably leagues from where it began. However, it’s easy to lose perspective among the headlines, which preach bitcoin’s demigod status among financial markets yet also call for its replacement with… SegWit adoption for Bitcoin slowly but surely on the rise was published on CryptoNinjas.
There are now at least ten serious privacy coins around, and over the course of 2017, they began to attract major attention. Does that mean investors will always have to choose between a bunch of these coins? Or, will one of these coins ultimately emerge as the winner, with the other fading into obscurity? It’s an important question because it affects the way investors should approach privacy coins. If only one coin will ultimately survive, investors need to back the coin with the strongest “brand value”. If there is space for more than one, investors can back those they deem best in terms of privacy attributes and network efficiency. But, if we reach a point where one or two coins attract all the new demand, there will be little reason to hold the others. For the sake of simplicity, we […]
Overstock: $250 Million tZero ICO Under SEC Review A filing with U.S. Securities and Exchange Commission (SEC) released Thursday has revealed new details about Overstock.com‘s ongoing $250 million ICO for its tZero alternative trading system. However, most notable amid the stream of information on the sale structure and advisory board, is the public e-commerce company’s confirmation… The post Overstock: $250 Million tZero ICO Under SEC Review appeared first on Altcoin Today.
Hong Kong, 28th February 2018 – ALAX, is a Mobile Game Distribution Platform, based on blockchain technology, which is set to transform the gaming industry around the world. The project is a joint venture between DECENT (blockchain technology company) and Dragonfly (game distribution platform) which aims to provide a platform for content creators and gamers alike, including ‘unbanked’ consumers in emerging markets. The ALAX partnership means DECENT’s proprietary blockchain technology will have potential to reach out to Dragonfly’s 100 million active users. ALAX implements a 2 token model on their platform, each of which has its own set of functions – ALA and ALX tokens. Why has ALAX chosen to implement a two token model? Matej Michalko, Co-founder of ALAX, said: Well, this choice was quite easy for us, since we wanted to be fair towards both the developer and […]
Venezuela Claims Petro Cryptocurrency Has Raised $3bn from Investors in 127 Countries The Venezuelan government has made some new claims about the pre-sale of the country’s oil-backed cryptocurrency, the petro. After one week, President Nicolas Maduro said that the petro had raised $3 billion from 171,015 certified purchases, from investors in 127 countries. The majority… The post Venezuela Claims Petro Cryptocurrency Has Raised $3bn from Investors in 127 Countries appeared first on Altcoin Today.
Cryptocurrencies are making inroads in virtually every sector as of right now. Unsurprisingly the escort industry also sees the merit of this form of money. Bubble Escorts now accepts cryptocurrency in exchange for services offered by their escorts. It is a very positive development, although one that will undoubtedly get a lot of negative attention. Bubble Escorts proves to be a rather interesting company. Their rate to hire an escort is on the steep side of the spectrum. With a price tag of 120 GBP an hour, it is not exactly a cheap undertaking by any means. To make this offer even more appealing, the company now accepts Bitcoin payments as well. Users exploring this option will need to pay upfront, though, for obvious reasons. Bubble Escorts Makes a Curious Decision In doing so, the company becomes the first escort […]
Australians Can Now Purchase BTC, ETH Across 1,200 Newsstands In Win For Adoption Australian cryptocurrency exchange Bitcoin.com.au has made buying Bitcoin (BTC) and Ethereum (ETH) for fiat possible in more than 1,200 newsstands across Australia starting Thursday, March 1, local news outlet 9Finance reports. Bitcoin.com.au, which has been in operation for around 18 months, describes itself on its website as “one of the first independent Bitcoin exchange networks in… The post Australians Can Now Purchase BTC, ETH Across 1,200 Newsstands In Win For Adoption appeared first on Altcoin Today.
Several major telcos have unveiled a plan to enhance the security of mobile accounts, which has been a source of concern for members of the cryptocurrency community. The proposed system will reportedly employ blockchain technology.
Bitcoin Wallet and Jaxx Blockchain Wallet Contain Major Security Flaws Cryptocurrency wallets have always presented a mix of convenience and potential security issues. For the most part, the top cryptocurrency wallets do not suffer from any major vulnerabilities. In the case of Jaxx and Bitcoin.com’s Bitcoin Wallet, things are very different. Cheetah Mobile Blockchain Research Lab… The post Bitcoin Wallet and Jaxx Blockchain Wallet Contain Major Security Flaws appeared first on Altcoin Today.
Cryptocurrencies have proven to be an interesting way of transfering value. In a lot of cases, people seemingly take a liking to Bitcoin and a few altcoins. In the city of Berkeley, however, a brand-new cryptocurrency will be introduced and issued. This new currency will mainly be used to fund affordable housing in the area. Berkeley’s ICO is an intriguing Creature It is quite interesting to see how different people and regions respond to the “challenge” of cryptocurrencies. More specifically, this new form of money has certainly introduced a lot of interesting changes, even though not everyone sees the value in it right now. That situation is slowly changing in favor of this nascent industry, by the look of things. While we may not see mainstream cryptocurrency adoption anytime soon, the concept powering this new form of money is being explored […]
The Venezuelan government has made some new claims about the pre-sale of the country’s oil-backed cryptocurrency, the petro. After one week, President Nicolas Maduro said that the petro had raised $3 billion from 171,015 certified purchases, from investors in 127 countries. The majority of the orders were in dollars, followed by bitcoin and ether, according to Maduro. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Maduro Says 171,015 Purchases from 127 Countries Nicolas Maduro. The president of Venezuela announced this week that his nation’s cryptocurrency, the petro, had received “a total of 171,015 certified purchases,” Telesur reported. According to the information posted on the website of the country’s vice president, Maduro further revealed that “40.8% has been offered in dollars, 6.5% in euros, 18.4% in ethereum, 33.8% in bitcoin and 0.2% in yuan,” adding that: About 87,284 users […]
Porsche is officially the first automobile manufacturer to both implement and successfully test the blockchain directly in vehicles, thanks to Berlin-based start-up XAIN. Blockchain. There is No Substitute. In the race to implement blockchain technology into consumer automobiles, Porsche is firmly in the lead. According to the company’s official newsroom, the German automobile manufacturer tested remotely locking and unlocking vehicles via a blockchain-powered app, as well as temporarily granting access authorizations. Additionally, Porsche is testing new business models based on encrypted data logging, with goals of improving autonomous driving functionality. As noted by Oliver Döring, Financial Strategist at Porsche, blockchain technology holds tremendous potential in the world of high-performance automobiles. Said Döring: We can use blockchain to transfer data more quickly and securely, giving our customers more peace of mind in the future, whether they are charging, parking or need to give […]
Nissi Online Casino is the latest online gaming platform from SG International NV registered in Curacao and featuring over 3000 games from some of the best game developers such as Betsoft, Microgaming, and Netent. The casino also features live gaming from Netent and Evolution Gaming. Players who sign up for a member account can expect to enjoy the following benefits: 1. A wide selection of great games Nissi Online Casino has a number of great games available to suit the tastes of even the most discriminating of players. These include classic and video slots, table games, card games, live casino, and many others. Popular titles under slot games include; Blackbeard’s Quest, Fruits n Stars, 777 Diamonds, Reel Gems and many others. Popular table games like Blackjack, Baccarat, Poker, and craps are also available in several variations including High Limit Baccarat, […]
For those who thought things couldn’t get worse for Coincheck, the reality is very different. The mounting lawsuits are a big problem already, but it’s only the tip of the iceberg. According to BIG Blockchain Intelligence Group, the stolen funds have been laundered through a Vancouver-based exchange. That in itself is pretty worrisome, although recovering the money is no longer an option. It is evident the theft of Coincheck’s funds has been a cause of concern. With 500 million NEM stolen, things are not looking good. So far, there has been no trace of this fund whatsoever. If the BIG Blockchain Intelligence Group is to be believed, they found how the money was laundered. It seems a Canadian exchange is involved in this particular development. This is the result of an internal investigation, although few details have been made public […]
Another challenge besides considering transaction or confirmation times on the blockchain is the price. A $100 value of Bitcoin one day can decline over 20% within a 24hrs range. The… Continue reading “One Platform, Two Tokens, Bringing Stability To Cryptocurrency Volatility” The post One Platform, Two Tokens, Bringing Stability To Cryptocurrency Volatility appeared first on .
Singapore: Central Bank ‘Assessing’ Need For More Cryptocurrency Regulation Singapore’s central bank has said it is again looking at cryptocurrency regulation, appearing to amend previous comments about a hands-off approach, Reutersreported Thursday, March 1. Part of a speech quoted by various publications Thursday saw the Monetary Authority of Singapore (MAS) deputy managing director Ong Chong Tee note… The post Singapore: Central Bank ‘Assessing’ Need For More Cryptocurrency Regulation appeared first on Altcoin Today.
The Thai government is concerned with the growing number of companies in Thailand racing to launch their initial coin offerings ahead of regulations. This has prompted the country’s regulators to hurry with the regulatory framework for token sales, ahead of cryptocurrency regulations. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten ICOs Growing in Popularity in Thailand Publicly-listed and private companies in Thailand are hurrying to launch their initial coin offerings (ICOs) ahead of regulations, Thai Rath reported, adding that they “fear the regulators will make it more cumbersome for issuers and investors.” Recently, J Ventures, a subsidiary of Jay Mart Plc which is listed on the Stock Exchange of Thailand (SET), became the first listed company to hold an ICO. The company sold out its 100 million digital tokens and raised 660 million baht (~USD$21 million). Project Planning Service […]
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Since coin claiming began at 09:00 GMT on 12 January 2018, the number of people registered at the Bitcoin Parallel website has skyrocketed. In order to maintain the Bitcoin Parallel Ecosystem, the Bitcoin Parallel Foundation has formulated a declining distribution rule. Bitcoin holders at block height of 507,000 receive BCP and BCPC at BTC: BCP = 1: 1, BTC: BCPC = 1: 1,000. But since 09:00 GMT on 13 February 2018, the distribution rate decreased by 2% every 24 hours. After being decreased to 50%, the distribution rate would then enter into a second phase, […]
The news that mobile payment app Circle had acquired Poloniex had many people’s interest piqued, but the real story behind it is the way in which Goldman Sachs is maneuvering into the cryptocurrency space #ANALYSIS
Disclaimer: I am not a financial advisor. Please do your own due diligence when it comes to crypto-investing. Never put in money that you cannot afford to lose. Cryptocurrency markets are extremely volatile. Invest at your own risk. How to Buy/Sell Cryptocurrency with TD Sequential indicator was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
Israel is a pretty intriguing country when it comes to cryptocurrencies in general. So far, we have not seen any major regulatory actions in that part of the world. That makes it all the more surprising to see the Supreme Court of Israel intervene in a recent spat between one of the country’s banks and a cryptocurrency exchange. The outcome is surprisingly positive and will hopefully set a global precedent. Israel’s Supreme Court Intervenes in Favor of Cryptocurrency Bits of Gold, an Israeli cryptocurrency exchange, has seen great success over the years. Unfortunately, its bank partner did not see things the same way and decided to block the activity of this cryptocurrency company. It is always unfortunate when things like this happen, although it has almost become the new normal. This particular incident got a lot of attention because many people think the bank in […]
Crowd Genie, a Singapore-based company, is holding their own ICO to create a tokenized platform that aims to make lending across borders possible through blockchain. Paving The Way for a Business Loans Asset Exchange Crowd Genie is a peer to peer lending platform that allows SMEs in Singapore to receive financing from multiple investors. This platform allows borrowers and investors to circumvent banks, minimizing the time and cost that are often a result of the bureaucratic structure of banks. The platform has been operational for over 18 months now, and in March 2017 the company was granted a dealing in securities license by the Monetary Authority of Singapore. What makes Crowd Genie unique is the fact that it matches borrowers looking for debt financing with lenders looking for debt investments. This is possible thanks to the automated AI-powered credit scoring engine that […]
Cryptocurrency wallets have always presented a mix of convenience and potential security issues. For the most part, the top cryptocurrency wallets do not suffer from any major vulnerabilities. In the case of Jaxx and Bitcoin.com’s Bitcoin Wallet, things are very different. Cheetah Mobile Blockchain Research Lab recently highlighted some major security flaws affecting both of these wallets. Bitcoin.com’s Bitcoin Wallet Flaws The research which Cheetah Mobile Blockchain Research Lab provided us paints a worrisome outlook for Bitcoin.com’s Bitcoin wallet. Given its widespread popularity, it is even more worrisome to learn that this software has a big problem under the hood. More specifically, the mnemonic phrases – or recovery seeds – used by the Bitcoin Wallet are stored in plain text in the local “mwallet” file. While that may not seem worrisome to the average consumer, it poses a big risk to users. Given […]
Concise who, what and why: In layman’s language Circle’s Acquisition of Poloniex was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
Play2Live CryptoMasters was scheduled to release of the 2.0 version of MVP with advanced player and P2P CDN, that was tested during the broadcast of the tournament. Play2Live (P2L), the first full-blown blockchain-based streaming platform for gamers and esports fans successfully hosted and broadcasted the world’s first esport tournament with the main prize – 2 000 000 LUC (Level Up Coin) tokens ($100,000). Eight international teams — 7 invited and 1 from the open qualifiers, took part in the tournament. It has resulted in the triumph of AGO, a Polish esports organization, that took the main prize of 1 000 000 LUC tokens ($ 50,000). The second team was Space Soldiers (Turkey), which received 400 000 LUC tokens ($ 20,000), the third and the fourth place with 200 000 LUC tokens ($ 10,000) prize pools were taken by the teams […]
If you’re a lazy reader like me.. https://medium.com/media/f665d1549334b3e605aa7a5b1ffa0fd7/hrefhttps://medium.com/media/51f9551520fc32682233b5023a55b6f3/href Traditional currencies like USD and EUR can be stored in banks or wallets. But with cryptocurrencies, it might get little complicated. Cryptocurrencies are stored on the blockchain. Just like banks have account name & number, cryptocurrencies have addresses to their wallets on the blockchain. Each wallet has a public address and a private address. Public address is where you can receive token/altcoin at, while the private address is the key to access your wallet or to send token/altcoin. To be precise, you never store a token/altcoin in your wallet. What you store is the public and private keys/addresses in your wallet. There are 5 different types of wallets: Desktop Wallets — Desktop wallets can be downloaded and installed on a computer, as the name suggests. However, there’s always a risk if your desktop gets hacked or gets […]
The State Financial Monitoring Service of Ukraine has published its official position on crypto matters. While offering some borrowed definitions of terms like virtual currency and mining, the agency notes that changes to the legal status of cryptocurrencies in the country are expected. Also read: Uzbekistan to Legalize Bitcoin and Support Developers Due Diligence In a statement published on its website, SFMS said it was constantly collecting, processing and analyzing financial data, including crypto-related information. According to the official announcement, the agency is following transactions that are subject to regular monitoring, but not only. Dubious money flows outside the mandatory scope are also monitored. Ukraine’s financial watchdog has drawn attention to one of its main priorities – the implementation of customer due diligence measures. The agency believes regulatory efforts in that area should be focused on cryptocurrency exchanges, wallet providers […]
Cryptocurrency payments company CoinGate recently announced its service is now suitable to be used for token crowdsales and ICO applications. Blockchain projects can now use CoinGate to accept Bitcoin, Ethereum and 50 other cryptocurrencies… CoinGate now provides payment collection solution for token sales was published on CryptoNinjas.
A man from Pennsylvania has been sentenced to spending a year and a day in federal prison for selling $1.5 million in Bitcoin to undercover federal agents. A person selling Bitcoin face-to-face with strangers may worry about being robbed by criminals. Such instances are becoming a bit more common as the acceptance and use of the cryptocurrency continues to go up. A man from Pennsylvania found himself in a tight situation by selling Bitcoin, but he didn’t find himself the target of a criminal assault. Instead, he found himself in legal hot water by selling the virtual currency to undercover federal agents, and now he’s going to jail for it. Crypto Seller Blues The Bitcoin seller is Eldon Stone Ross, 24, and he was charged with conducting an unlicensed money transmitting business after being nabbed by federal authorities. Between January […]
Ever since the begging of their ICO the Sp8de community wanted a more detailed roadmap that outlines what the team wants to do in the next one year and in the long haul. The team noted that there have been worries that, since Sp8de will be utilizing Cardano blockchain to create its products, there might be delays in production. Sp8de have provided a detailed roadmap for their plans for the next one year which is also in line with Cardano’s roadmap! Firstly, Sp8de show that they will be listed on an exchange before the end of March 2018. What is intriguing to see is that they will start developing their products on Solidity while waiting for Cardano to introduce their smart-contract functionality and then migrate on Cardano which means that Sp8de will have no delays in introducing their MVP and […]
Plus- A few Airdrops I look forward to. They say that there’s nothing in the world such as a free lunch. I find the word Free to be the most ironic word in the history of spoken languages. Everything ever offered to you free of cost usually comes with an attached T&C, or is contingent on an item you purchase prior to it, or is of subs-standard quality, or is a 100 different reasons which I choose not to list. Hence, I usually run the other direction when someone pitches a “Free of cost” product to me. However, the world of Crypto gives zero shits about the rules and standardized systems of the normal, traditional world. Remember James Bond ? The type of man who follows his own rules, has a self-affirmed code of conduct, an own set of ethics, and who can piss in […]