In a statement issued on Friday by the FCA, the UK’s financial watchdog, the agency announced that all companies wishing to provide cryptocurrency derivatives would “likely” require official authorization to do so. Friday’s announcement comes as the FCA seeks to clarify its stance when it comes to cryptocurrency derivatives. According to the official statement, all companies that offer – or wish to offer – services linked to cryptocurrency derivatives must comply with all rules in the FCA handbook as well as any “directly applicable” EU regulations. The statement reads: It is likely that dealing in, arranging transactions in, advising on or providing other services that amount to regulated activities in relation to derivatives that reference either cryptocurrencies or tokens issued through an initial coin offering (ICO), will require authorisation by the FCA. Products and services falling under the cryptocurrency derivatives umbrella include: […]
The concept of pooling public capital to fund ambitious projects is not new. Back in the 17th century, the Dutch stock market was already quite developed. Utility tokens, on the other hand, are a totally new and untested phenomenon. The purpose of this article is to compare equity shares and utility tokens, and to explore what their future may look like. Does equity represent tokenization through bureaucracy, while utility token is an attempt to capture value closer to where it’s created? Let’s start with a quick high-level examination of how the equity market works. Utility Token: a new value-capture mechanism was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
It has been rumored for some time now, but Monex will finally buy Coincheck. It seems the transaction will be completed for the sum of $33.59 million, which is a lot lower than people initially expected. For the troubled Japanese cryptocurrency exchange, this news comes at a very intriguing moment. How this acquisition will affect the trading platform remains to be seen. Coincheck Finds a new Buyer The year 2018 has been quite a troublesome one for Japanese cryptocurrency exchange Coincheck. Even though the company is one of the more solid trading platforms in Japan, the hack which saw 500 million NEM being stolen earlier this year shook up the industry. In fact, some people expected the company to go bankrupt as a result, but things never got to that point. In fact, the company repaid all affected customers out of […]
American Bitcoin enthusiasts won’t be pleased to hear tax season is on the horizon again. A lot of holders are struggling to file capital gains taxes, as has been the case for several years now. An interesting report by Fundstrat shows US citizens owe the IRS an estimated $25bn in cryptocurrency. Additionally, this new form of money represents 20% of 2017 US capital gains. Bitcoin has proven to be an interesting form of money. Even the IRS will have to agree with that statement. The agency cashed in on a lot of extra revenue last year. With US citizens filing capital gains taxes, it became evident a lot more people bought Bitcoin and other currencies. Fundstrat statistics indicate a lot of people bought cryptocurrency throughout 2017. IRS Looks Forward to Your Bitcoin Taxes Given the wicked price rush last year, […]
It is safe to say cryptocurrency is still incredibly popular in Japan as of right now. Given the country’s designation of this form of money as legal tender, it is only normal that we will see further growth in the years to come. That is, assuming there are sufficient software engineers to accommodate companies’ needs. Right now, it seems that is still an ongoing struggle for all cryptocurrency firms. Japanese Software Engineer Shortage In a way, it’s almost surprising to learn that Japan doesn’t have a sufficient number of software engineers to accommodate the cryptocurrency industry. This mainly pertains to engineers who are well-versed in platform security, which is something every cryptocurrency firm needs right now. Hiring the right people is extremely difficult if they simply aren’t there to hire in the first place. Moreover, this issue has been present for quite […]
Coinbase remains one of the biggest cryptocurrency exchanges in the world. When the firm hinted at a major announcement, people simply expected it to announce the listing of various new currencies. Instead, the company made it clear it would launch a venture fund to invest in early-stage blockchain companies. That’s not the exciting news people were looking for, but it’s not a bad business decision either. Coinbase’s Venture Fund is Intriguing It is always good to see more companies focus their attention on investing in blockchain startups. Although there are already numerous ventures active in the blockchain world right now, there’s always room for more competition. It looks like Coinbase wants to get in on the action, as the company has announced an early-stage venture fund. As the name suggests, this venture fund is designed to invest in blockchain and cryptocurrency firms during the early stages of […]
Private digital currencies are better than any state-issued version, admitted a high-ranking representative of the Swiss National Bank. Cryptocurrencies are also less risky, according to Andrea Maechler, member of the central bank’s governing board. Her comments indicate that Switzerland has no intentions to emit a state-sponsored crypto. Also read: Centralized Cryptoruble Not Possible, Minister Tells Putin Digital Central Bank Money Brings Risks “Private-sector digital currencies” are better and less risky than any version that might be offered by a central bank, the representative of the Swiss National Bank’s management thinks. “Digital central bank money for the general public is not necessary to ensure an efficient system for cashless retail payments”, Andrea Maechler said during an event in Zurich. She went on to explain why a crypto issued by a central bank could increase the risk of bank runs. A […]
April 6th, 2018: London, UK: The innovative minds at Token Media, a digital marketing agency that specializes in cryptocurrency projects, have launched their very own cryptocurrency media hub — Token TV. A Need For An Honest Cryptocurrency News Source As cryptocurrencies and blockchain technology continue into the early stages of mass adoption, unique opportunities and challenges are abound for consumers, investors, and developers. The growing interest in the disruptive technology of blockchain has created a need for accurate, insightful, and correct information. Access to the right information in the cryptocurrency space has become a challenge for the new and experienced alike; information channels have become saturated with: Misinformation Bad advice Scams Not only does misinformation harm everyday consumers, it also harms the very adoption of cryptocurrencies and technological promises that blockchain has to offer. Both newcomers and veterans of the cryptocurrency […]
Law enforcement in the UK confiscated almost 10 bitcoins from a PayPal scammer who laundered his embezzled loot through the Second Life online game. Far too often, the media and traditional financial institutions love to paint Bitcoin and other cryptocurrencies as being commonly used by criminals. This FUD is utter nonsense, of course, as far more US dollars are used for illicit activities than cryptocurrency. Still, virtual currencies are used by some criminals as it is a means of exchange. Criminal crypto history was recently made in the UK as a PayPal scammer became one of the first convicted criminals to have his bitcoins seized after he was sentenced to prison. Embezzling via PayPal The criminal in question is Gabriele Pearson, aged 23, who worked at a consulting IT company. When a client hired his company to provide services, Pearson […]
Blockchain May Be the Answer to Making Self Driving Cars Safer was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
Making Bitcoin more appealing to the masses is an ongoing struggle. While the value of BTC skyrocketed last year, it has plummeted in early 2018. Even so, there are numerous bids to launch even more Bitcoin ETFs in the near future. These d exchange-traded funds make it easier to ride Bitcoin’s volatility rollercoaster without buying cryptocurrency directly. For the cryptocurrency industry, ETFs are both a blessing and a curse. On the one hand, they allow more people to be exposed to volatile price swings. It is quite appealing to investors, but also to speculators. This brings us to the bad part, as more speculation will lead to even wilder price swings. If this year is any indication, the potentially upcoming ETFs will see f their fair share of fluctuation moving forward. Will we Finally See Bitcoin ETFs? That hasn’t kept […]
Even though smart contracts are a massive improvement in the world of blockchain technology, their code often leaves much to be desired. Every smart contract needs proper auditing, yet it seems few companies are actually pursuing this option right now. Quantstamp recently took a look at Bancor’s smart contract and noticed some discrepancies. The Bancor Smart Contract Issues To put everything into its proper perspective, the Bancor smart contract is not under immediate threat as of right now. Most of the code is well-written and does not warrant any changes whatsoever. However, Quantstamp did identify two vulnerabilities which the team will need to look into sooner rather than later. For the five contracts being audited, only a few aspects triggered an official warning. Quantstamp is doing the entire blockchain industry a favor by properly analyzing all of these smart contracts. The last thing […]
Another One Bites The Dust: Texas Orders Allegedly Fraudulent Crypto Investment Program To Cease And Desist The Texas State Securities Board has sent an Emergency Cease and Desist letter on April 5 to Mark J. Moncher, the Millionaire Mentor University, and several other connected players to stop selling unlicensed securities and defrauding investors in an allegedly fraudulent complex cryptocurrency… The post Another One Bites The Dust: Texas Orders Allegedly Fraudulent Crypto Investment Program To Cease And Desist appeared first on Altcoin Today.
The shared economy has been growing at a vigorous rate since cash-strapped consumers began sharing more during the 2008 recession. New income streams have been generated from renting out living spaces, cars, sports equipment and power tools. Yet as more consumers participate in peer-to-peer exchanges, average household wealth is not keeping pace. Disclosure: This is a Sponsored Article The largest beneficiaries of the sharing economy are the centralized platforms that facilitate the exchanges. Corporate middlemen including accommodation giant AirBNB and car sharing service Uber raked in $18 billion in revenues in 2016, or 10 percent of the shared economy wealth. Some platforms, such as Uber, take a 30 percent or higher cut to serve as the go between for peer rentals. Blockchain P2P networks are replacing these corporate structures with community platforms and enticing consumers to jump on board […]
Most readers will be familiar with cryptocurrency hard forks. It seems that we will soon also be dealing with something known as a hard spoon, which operates in a very different manner. It is a concept that may become more common as time progresses, even though it remains to be seen how much value this approach brings to the table. The Hard Spoon Concept in a Nutshell Unlike what one would expect from a hard fork, the hard spoon concept takes a very different approach. The first hard spoon will be deployed in May or early June of this year, and seems to involve the Ethermint token. As blockchain projects tend to get a bit more complicated and reliant on other platforms, it is evident some interesting problems will occur at some point. A hard spoon essentially is a new blockchain which takes the account state of […]
Given the evolution of the digital currency market in the last couple of months, portfolio trackers have become a must-have service for crypto investors throughout the world. Disclosure: This is a Sponsored Article BitUniverse represents an innovative portfolio tracker, available on Android and iOS, which gives users access to a wide variety of features designed to make managing crypto assets easier, while also increasing profit margins and investor efficiency. The platform has been built on top of five pillars, which also represent BitUniverse’s main features. These are the crypto portfolio (which allows user to check their holdings, prices and profits), professional data (presented visually through candlestick and pie charts), real-time ticker (supporting over 170 exchanges and more than 5,000 coins), sync from exchange (allowing users to automatically track their portfolio via API data imports), and lastly, timely alerts (customizable notifications […]
You don’t understand blockchain unless you understand this simple data structure was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
Every dollar counts when it comes to retirement savings. So, why not provide a mechanism to younger investors that ensures transparency, control, and smart investment decisions in the long run? That mechanism is a platform which understands how to aggregate all of your investment portfolios in one location, on the blockchain. As of July 2017, the National Retirement Risk Index determined that more than half of working-age households were at risk of being unable to maintain their current standard of living in retirement. What’s troublesome is the lack of control over portfolios and the lack of transparency available to investors. For millennials, the time is now to get a hold of their finances, let alone their financial future. But how do they go about doing this? Putting Control Back Into The Hands of The Younger Investor With a traditional retirement plan comes a lack of […]
The Satoshi Revolution: A Revolution of Rising Expectations Section 2: The Moral Imperative of Privacy Chapter 6: Privacy is a Prerequisite for Human Rights Do Not Passively Nationalize Your Privacy. Chapter 6, Part 7 “If I had a world of my own, everything would be nonsense. Nothing would be what it is, because everything would be what it isn’t. And contrary wise, what is, it wouldn’t be. And what it wouldn’t be, it would. You see?” –Lewis Carroll, Alice in Wonderland Lewis Carroll’s world is government, where words express the opposite of their meaning. War brings peace. Diversity means conformity to PC demands. Security requires the rape of privacy and due process, which provide true security for individuals. Subservience is freedom. Government ‘reality’ inverts the truth. Privacy is dead, government declares with the certainty of a slamming door. Only, it […]
Coinbase, one of the world’s largest exchanges, has blown up in the news over the past week due to many developments being announced. Such developments include a venture fund for crypto startups, withdrawal support for more Bitcoin forks, and entering talks with the SEC to become an officially licensed broker. Support for More Bitcoin Forks Coinbase has just announced that they are planning on adding support for upcoming Bitcoin hard forks. For the time being, this support is expected to only take form in withdrawals of these Bitcoin hard fork currencies.The exact date of this support was not noted but is expected in the upcoming months. Coinbase noted in their Medium post that, in accordance with their new process for adding new assets to their exchange, they announced this internally and publicly at the same time. This was a wise […]
A recurring theme throughout otherwise worthwhile and meritable cryptocurrency projects is a striking inability to take on legitimate real world usage. While in theory, such networks have wildly exciting applications, the reality is that such meaningful use is impractical. Talking.IM’s future-ready blockchain, however, provides a network fully prepared to take on any level of use worldwide. Disclosure: This is a Sponsored Article Dynamic Sharding with Directed Acyclic Graphs (DAG) Talking.IM (TIM) is a revolutionary blockchain network that utilizes a two-layer implementation that shards, or splits, the universal blockchain into a number of DAGs(graphs) in order to maximize efficiency of the network and provide a framework that can scale to any level of activity, potentially taking on even 100 million transactions per section. Essentially, graphs represent geographic localities. The more activity the network sees, the more graphs are utilized. For example, […]
With over 57 million players in 2017, fantasy sports has rapidly grown and become a vital part of the electronic gaming market. Fantasy drafts across all sports continue to grow in popularity, especially with sites like FanDuel and DraftKings drawing in huge pots of cash. Whereas we once settled for filling out brackets for March Madness and placing cash bets on games, the new landscape of fantasy sports has players drafting and trading the virtual counterparts of their favorite players and building teams across every major sport to compete with other players for cash prizes. But with all its success, it is no stranger to accusations and the courtroom. The online world of fantasy sports has faced a number of challenges over the years, ranging from legal battles, ineffective marketing budgets, and complex interfaces, to little to no external competition. And if […]
Fake news might start online, but it can have serious offline consequences for businesses, individuals and communities. While social networks have to tackle the problem of misleading or inflammatory content, there also needs to be a way to mitigate its effects in the real world. That’s where Vizsafe comes in, by providing a platform for people on the ground to report on the accuracy or otherwise of information that – if left unchecked – could result in unnecessary concern, disruption and lost revenues. Disclosure: This is a Sponsored Article News that Cambridge Analytica, a UK data analysis and communications firm, may have manipulated voters in the 2016 US Presidential Election with carefully-targeted misinformation has placed intense scrutiny on Facebook as a distributor of propaganda and ‘Fake News’. While speculation and rumor online is nothing new, there is the growing danger […]
Tax season in the U.S. is here, and many citizens who use or hold cryptocurrencies are clamoring around trying to figure out how to file their capital gains taxes. According to reports from Fundstrat’s analyst Tom Lee, cryptocurrencies represent roughly 20 percent of last years U.S. capital gains. Also Read: Emin Gün Sirer Discusses Cryptocurrency Academics and Proof-of-Stake Cryptocurrency Selling Pressure Stemming from Tax-Related Sales Cryptocurrencies were a great investment last year, and the tax man is interested in individuals who cashed out into fiat raking in some gains. The reason for this is because the U.S. Internal Revenue Service (IRS) treats cryptocurrencies as a commodity-like investment vehicle, which is subject to the nation’s tax laws. Further, nearly every bitcoin or alternative digital currency transactions, which includes the collection of airdrops, trades, spending, and almost every type of exchange is considered […]
The age-old saying, health is wealth has never been doubted. A healthy body is the desire of every man and woman. However, with the spiraling cost of healthcare and medical insurance, access to good healthcare systems is becoming unaffordable for many people. Disclosure: This is a Sponsored Article The medical sector shows no sign of a slump either. A report by Quintiles IMS predicts that by 2021, annual global drug prescription will value nearly $1,500,000,000,000. Digipharm: Affordable Healthcare Platform Even with a huge growth, the healthcare sector is becoming clogged due to high cost and constrained resources. Compromises in the current systems are done to keep the flow going. In the end, it is the patients that are denied updated and innovative treatments. A truly astounding feature of Blockchain is that the technology is adaptable to any kind of work […]
Each week cryptocurrency traders and investors eagerly analyze the calendar to see which events in the upcoming few days will provide the biggest shifts in momentum for specific altcoins. This week has four altcoins with major events: IOST, XES, KMD, and PRL. State of the Market What goes up must come down, and what goes down will eventually go back up. Markets have trends and these trends are amplified by volatility. For those invested in the cryptocurrency space, it has long been known that the volatility is extreme. What has also been known is that bull and bear trends flip with almost no warning. This week has multiple altcoins and cryptocurrencies that provide both publicity and positive sentiment through the release of news and meeting of deadlines. When roadmap deadlines are hit, presentations take place, and utility has increased the […]
The cryptocurrency ecosystem was sent abuzz this week as the US Securities and Exchange Commission (SEC) published a report of two new applications for bitcoin exchange traded funds (ETFs) to be listed on the New York Stock Exchange (NYSE) Arca. Will the crypto gods finally answer some enthusiasts’ prayers for mainstream adoption? Also read: Help Wanted! Japan Needs Crypto Engineers SEC Appears Closer to Okaying Bitcoin ETFs This time might be different. That’s the mantra sweeping through ecosystem platforms. After what seemed like a permanent hiatus, the SEC is back, supposedly considering allowing the electronic exchange NYSE Arca to host the first Bitcoin ETFs. Two Bitcoin ETFs are up for grabs, and both from Pro Share Capital Management LLC, Pro Shares. It’s a comparatively small asset manager, inching toward 30 billion USD. The company is known for its ETF products, dozens […]
The recognized investor, George Soros, has taken a U-turn in his position towards cryptocurrencies. The billionaire magnate will start trading cryptocurrencies just three months after he said that virtual currencies… Continue reading “Recognised Investor George Soros to Start Trading Bitcoin and Cryptocurrencies” The post Recognised Investor George Soros to Start Trading Bitcoin and Cryptocurrencies appeared first on .
Even though cryptocurrency is best known for its volatility, there are some interesting trends taking place as of right now. More specifically, we see the Ontology price spike by 41.21% over the past 24 hours, which is rather steep. Considering how this token has not been around for that long, it is interesting to note how speculators are driving up the value. Ontology Price is Pushing Hard While the concept of Ontology makes a lot of sense to investors, the project is far from finalized. It does appear the first few “test” projects built on top of this platform are live as we speak, and the investors are responding to these developments in a positive manner. One also has to keep in mind the Ontology price is mainly influenced by section need hype, but that applies to all other cryptocurrencies […]
The talk of exchange listings with certain cryptocurrencies is always big in cryptocurrency circles across the internet. But how important are they and how much do they cost? Why Are Listings So Important? Getting listed on a large cryptocurrency exchange is a big deal for any project. These listings can often be what makes or breaks the levels of adoption and market impact of a specific cryptocurrency. Having a listing on one exchange compared to another might mean the difference between one hundred thousand and ten million customers. That is why it is of utmost importance cryptocurrency projects, new and old alike, seek for the highly coveted listing spots on the world’s largest crypto exchanges. A project may have a lot of potential but may not be able to reach that potential due to a lack of exchange listings. In addition […]
Omise and OmiseGo have recently signed a memorandum of understanding, with one of the most important South Korean banks, Shinhan. In this way, Omise and OmiseGo expand their businesses in… Continue reading “Omise, OmiseGo, and South Korean Bank Sign Memorandum of Understanding” The post Omise, OmiseGo, and South Korean Bank Sign Memorandum of Understanding appeared first on .
Investing in ICOs (Initial Coin Offerings) through pools is becoming more and more popular, with many pools offering tempting incentives such as discounts and bonuses. According to our data, there… Continue reading “ICO Pool Market Overview” The post ICO Pool Market Overview appeared first on .
In a statement released 6 April 2018, the Financial Conduct Authority (FCA) of England attempted to clarify its jurisdiction in the ever-booming cryptocurrency industry. While acknowledging cryptos are “not currently” regulated by the bureau, crypto futures, contracts for difference (CFDs), options, and initial coin offerings (ICOs) do indeed fall under their purview. Furthermore, crypto firms running afoul of necessary FCA authorization are committing “a criminal offence.” Also read: India Searches for Ethereum Over Bitcoin England’s FCA Warns Crypto Firms About Unauthorized Trading “We are aware of a growing number of UK firms offering so-called cryptocurrencies and cryptocurrency-related assets,” the FCA statement on the requirement for firms offering cryptocurrency derivatives to be authorised began. “As indicated in our Feedback Statement on [distributed ledger technology], cryptocurrencies are not currently regulated by the FCA provided they are not part of other regulated products or […]
The weekend is usually a bit of an awkward period for cryptocurrency trading. This is not just because we see far less trading volume, but also because strange trends tend to materialize which don’t last all that long. As of right now, most markets are in the green without apparent reason. Especially the Stellar price notes some strong upward momentum. Stellar Price is Surging, for now It is evident the current cryptocurrency price trends will most likely turn bearish in the next few hours. Given how the overall trading volume is below $10bn for the first time in a while, there appears to be no demand for any cryptocurrencies as of right now. Any movements taking place – good or bad – are achieved through low volume, which means they can turn around at any given movement. For the Stellar […]
Alexander Borodich, CEO of Universa.io and “business angel of year 2016,” shares a few tips on investing in Bitcoin and other cryptocurrencies for 2018. [Editor’s note: This article was submitted by guest author: Alexander Borodich, CEO Universa.io, venture investor, and Forbes contributor who also has a Ph.D. in mathematics and electronics.] Cryptocurrencies, as decentralized systems of electronic cash, drastically changed our approach to payment instruments, saving investments, and attracting capital. We have seen how the Bitcoin price has risen by more than 1,000 percent – from $1,000 in early 2017 to $20,000 by mid-December of the same year. This rapid growth prompted people to invest their money in Bitcoin. To date, both hedge funds and novice investors, succumbing to excitement, are trying to get their share of the huge profits. With all this in mind, is Bitcoin a good investment option in 2018? Here are 4 things […]
The Financial Services Authority of Japan has imposed penalties on three cryptocurrency exchanges following inspections of trading platforms in the country. Two of them have been ordered to suspend operations. Officials are not satisfied with the measures implemented to prevent money laundering and systemic risks. Also read: CEO of Korean Exchange Coinnest among Four Arrested for Fraud FSHO, Eternal Link Suspended, Lastroots Told to Improve The sanctioned crypto platforms – FSHO, Eternal Link, and Lastroots – have received orders to improve their business practices. These were issued by Japan’s financial regulator as part of the ongoing inspections of cryptocurrency exchanges. According to the Financial Services Authority (FSA), the penalties have been imposed because of unsatisfactory procedures to prevent money laundering and minimize systems risk. The Japanese financial regulator has ordered two of the trading platforms to suspend their operations […]
Data is an initial Coin Offering that was created in order to address the root of the fraud at its core. It wants to be sure that every single participant… Continue reading “Data – Decentralized AI-powered Trust Alliance” The post Data – Decentralized AI-powered Trust Alliance appeared first on .
Bitcoin in Brief is your daily roundup of the stories that matter from the cryptosphere. Drama; in-fighting; hacks; humor; it’s all here. In today’s edition, Vitalik Buterin gets catty, Coinbase meets “coinbase”, and Tim Draper has an audacious suggestion for India. Also read: Help Wanted! Japan Needs Crypto Engineers Coinbase and “coinbase” Are Not the Same Thing Coinbase is a cryptocurrency exchange; coinbase (lower case) is a field used for claiming the block reward when mining bitcoin and other cryptos. Confusing the two is easily done, as happened to one Tron enthusiast on Wednesday. After spotting the magic word in the mainnet code for TRX, he theorized that the coin was poised to be listed on Coinbase. Crypto twitter promptly piled in, mocking the unfortunate individual with “coinbase” references they’d spotted in other altcoin code. Coinbase Does More Coinbase Things Coinbase […]
A 16-year-old girl from India developed her own cryptocurrency tracking app and, in the process, has gained worldwide attention within the crypto community – and an offer from a major blockchain investment firm. Some people might say that a 16-year-old is still just a child and that they lack the maturity and experience to make significant contributions to the real world. Those people haven’t met Hashita Arora. Just 16 years old, Arora is one of a growing number of young people making waves in the fledgling crypto industry. Despite her youth and inexperience, Arora managed to attract the attention of California-based blockchain investment firm Redwood City Ventures – all because of her newly developed crypto app. Big news everyone! My app, @cryptotrackapp, has been acquired by Redwood City Ventures (@SeanWalshBTC). So glad that the app is now in amazing hands! I had […]
Singapore, 6th April 2018, www.weicrowd.com: WeiCrowd, the go-to platform for ICO standardization and end-to-end ICO life cycle management, is live with its Whitelisting. Launched at the Singapore Blockchain Summit 2018, the platform is gaining appreciation at different summits by Blockchain startups and experts globally. Currently, the platform is offering 80% bonus for the first 3000 KYC verified users with a minimum contribution of 1 ETH. WeiCrowd as a Token marketplace is powered by its own Exchange and Incubator. The platform helps Blockchain startups to raise successful ICOs and facilitating Token Buyers to select from the best of breed Tokens. WeiCrowd is built of 7 key modules: WeiLauncher, WeiFolio, WeiCubator, WeiX, WeiScrow, WeiCap and WeiScore. All together it aims to address the Key challenges of the Token economy and power up the growth it deserves. Buying WEIS (WeiCrowd Token) brings the following […]
Repu, the smart reputation management project, is pleased to welcome the ICO investor and entrepreneur in their Advisory board REPU, the rating and feedback platform based on decentralized blockchain technology, is expanding its advisory board by welcoming LDJ Capital Chairman David Drake into their team. David will steer Repu on a number of significant issues such as international business development and investor relations. Incredible Knowledge and Understanding David Drake is the highly qualified advisor founder and chairman of LDJ Capital, a family office , that has more than 50 global directors that maintain relations with institutions and family offices with access to over a trillion worth of assets. Drake is an expert in the cryptocurrency market and has invested in cryptocurrency even before it became popular. In 2011, Drake took an active part in developing the JOBS (Jumpstart Our Business […]
“Nothing is guaranteed in life (but) I’ve never been surer of something that this ends really bad for people.” The ‘Wolf of Wall Street’ Jordan Belfort is convinced that Bitcoin is heading for a fall – although he admits it could still rise to US$50,000 first. Belfort is far from the only harbinger of doom for Bitcoin – people have been queuing up to call time on the cryptocurrency that captured attention of the world in 2017, with Warren Buffett issuing a similarly gloomy prediction that the Bitcoin bubble will burst. But can it really be the case that Bitcoin has already had its day? The end of the hype Bitcoin’s rise in 2017 was certainly eye-catching. Jumping from US$1,000 to US$20,000 defied all expectations. Indeed this rise made everyone sit up and take notice – from experienced economists to […]
Blockchain-enabled P2P energy trading will transform energy networks into trading platforms and invoke a transactive economy that moves away from bilateral retail arrangements to multi-lateral trading ecosystems. San Jose, California, April 4, 2018, The ICO Pre-Sale announcement from the team at UEC has sent shockwaves throughout the global energy sector. After all, this is the World’s First Blockchain Photovoltaic Assets & Cryptocurrency Exchange. UEC is a decentralized network protocol based on blockchain technology, which digitizes the assets and equity of the physical energy, registers, and transfers transactions and delivers liquidation through the peer-to-peer network. In essence, a construction and management service application supplier of global photovoltaic smart contracts. During a recent interview, a company spokesperson explained some of their goals: What we are going to do is establish a value-exchange network that allows consumers to achieve fair returns from distributed energy […]
Paymon is one of the more interesting projects in the ICO space right now. One of the prime reasons is that Paymon already has a working app. Its MVP is available on three platforms – Web, iOS, and Android. This is a rarity in the current environment and what makes us so excited about this project. The project aims to create a blockchain-based exchange platform where users can trade currencies and share messages in a secure manner. All of this will be powered by a new scalable blockchain technology called Hive. Hive makes use of atomic swaps, a technology that allows for swaps between different digital currencies without the need of an exchange platform. The Paymon cryptocurrency will be based on Directed Acyclic Graph (DAG). DAG is a better, improved version of Blockchain. This technology has been used for centuries, […]
For only the second time in its history, an attempt at tokenizing Ripple’s XRP ledger through an initial coin offering (ICO) is being seriously offered by a group not formally associated with the company. It’s an interesting juxtaposition for a project widely believed to be actively separating itself from the messiness of the cryptocurrency world. ICOs are an unintended use case, it turns out, for the legacy banking establishment’s favorite new settlement tech, and, if it proves successful, could push the XRP ledger into Ethereum territory. Also read: India Searches for Ethereum Over Bitcoin Ripple’s XRP Ledger Might Be an Accidental Ethereum “XRP Ledger is open-source and a decentralized platform,” a Ripple spokesperson is reported to have commented, “so people can build whatever they want, but Ripple isn’t interested in promoting or supporting ICOs on the ledger.” The dismissive statement […]
There Is A Huge Necessity For Market Makers In The Crypto Industry And Most Crypto Projects Still Don’t Understand Why There Is A Huge Necessity For Market Makers In The Crypto Industry And Most Crypto Projects Still… was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
Days before the crowdsale starts, blockchain startup Eligma presented the development process of their AI-driven platform. After having presented the solution and the plan to enable cryptocurrency transactions for everyday shopping with their system Elipay, the Eligma team presented the alpha version of their AI-driven category predictor – a module that presents the basis for their innovative discovery feature. They also made the code available on their GitHub. In order to be able to further its development, Eligma is currently holding a presale of its tokens, with the public crowdsale to follow on 17 April. Its discovery concept will rely on an algorithm that first recognizes the product’s category and then uses an AI agent that is specifically trained with all the characteristics of the products in that category. In that way, it can offer precisely what the user needs. […]
On March 23-25 in Tokyo Japan, the Satoshi’s Vision Conference took place with a view to promoting the worldwide adoption of bitcoin cash (BCH). The conference was the largest cryptocurrency-infused event to date and hundreds of people visited Tokyo to discuss BCH and on-chain scaling. Also read: Upgrade Time: Bitcoin Cash Plans a 32 MB Hard Fork Satoshi’s Vision Conference Spreading Bitcoin Cash Adoption and On-Chain Scaling The Satoshi’s Vision Conference (SVC) was a three-day event that focused entirely on the cryptocurrency and network bitcoin cash. Attendees heard from developers and figureheads within the digital currency ecosystem like Bitcoin XT lead developer Tom Harding, Nchain’s Dr. Craig Wright, Bitcoin ABC lead developer Amaury Séchet, the Yours.org network’s Ryan X Charles, Openbazaar developer Chris Pacia, SBI Bits executive Jerry Chan, and Bitcoin Unlimited’s Andrew Stone and Dr. Peter Rizun among many more […]
As the cryptocurrency industry continues to grow and expand at a rapid rate, an issue has become clear across the board: there is a severe shortage of skilled engineers to keep up with the pace. According to The Asahi Shimbun, this is one of the reasons given by Coincheck for their devastating hack in January. The exchange’s CEO, Koichiro Wada, explained: We were aware we didn’t have enough people working on internal checks, management and system risk. We strived to expand using headhunters and agencies, but ended up in this situation. An Industry-Wide Problem Other companies in Japan are also having a tough time finding skilled and knowledgeable cybersecurity and blockchain experts. This is a real concern for the industry at a time when regulators are pushing for more stringent security measures. Alexander Jenner of Computer Futures in Tokyo explained: […]
Walmart, AmerisourceBergen, JD.com, UPS, FedEx, Maersk and many other global giants in the supply chain industry have begun exploring the blockchain to solve their supply challenges. From automation to efficiency and speed, the benefits of doing so have been immense. However, these benefits are not uniform in every field, and neither are the blockchain solutions being pursued. Autonomy Through Smart Contracts Smart contracts have been revolutionary and are transforming many industries including insurance and legal services. The supply chain industry is benefiting as well, with smart contracts making autonomy a reality. The supply and distribution industry has tedious and time-consuming processes that delay even the most minute activities for hours. For example, the movement of funds which must be legally authorized by various network participants takes longer than it has to. Smart contracts are changing the narrative, making these processes smooth and autonomous. […]