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Showing posts from April, 2018

3 Reasons Why You Need Tkeycoin in Your Portfolio

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3 Reasons Why You Need Tkeycoin in Your Portfolio Tkeycoin DAO is a decentralized global ecosystem meant for civil society, with the goal of facilitating social and economic relations within its network of mutual assistance and solidarity – but why should you care? Here are three reasons why. It Makes the Market Accessible The team at Tkeycoin took an economic and scientific approach to the cryptocurrency market — mixing the best aspects of Bitcoin, Ethereum, DASH, and other digital currencies with the best real-world experiences from heavy hitters like IBM and Microsoft. With this approach, Tkeycoin aims to make the cryptocurrency market as widely available as possible. In order to achieve this, the project’s cryptocurrency aims to become a widely accepted payment by taking on all of the properties of traditional fiat currency. As such, users will be able to make both online and offline payments anywhere traditional credit cards are accepted — such as in shops, restaurants, public

Vexanium: A Decentralized Platform is Disrupting the Marketing Ecosystem

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Vexanium: A Decentralized Platform is Disrupting the Marketing Ecosystem An innovative decentralized marketing ecosystem called VEXANIUM, which helps to cut costs and improve efficiency and transparency for commercial businesses, is being launched by Danny Baskara – a Southeast Asia based e-commerce pioneer and team. Founder and CEO Danny Baskara previously built and sold Indonesia’s largest voucher and couponing platform Evoucher, which was with more than 2 million active users. After 7 years of building Evoucher, he realized that the blockchain can solve the fundamental problems of this industry. The idea for the VEXANIUM ecosystem was born. The blockchain based ecosystem which VEXANIUM creates will solve the major pain points that this industry faces today. In Asia, a majority of retailers use online promo marketing platforms such as Groupon, Dianping or Meituan to win new customers. Promo marketing strategies rely heavily on campaigns on these platforms which provide substantial

UNICEF Australia Offers Users Option To Mine Crypto As Donation

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UNICEF Australia Offers Users Option To Mine Crypto As Donation UNICEF Australia has released a website that will let users opt-in to mine crypto with their devices as a form of donation UNICEF Australia announced yesterday, April 29, an initiative that allows users to give over their computer’s processing power to mine cryptocurrency as a donation to the charity. We're excited to launch The Hopepage. This innovative website allows you to easily donate some of your computer processing power to generate #cryptocurrency and fund life-saving aid for children in crisis. #UNICEF #ForEveryChild https://t.co/rPXCnTcahy — UNICEF Australia (@unicefaustralia) April 29, 2018 Tony Andres Tang, the digital brand and content manager of UNICEF Australia, told news outlet ITnews that they “are transparent in the fact [they] are borrowing a computers' processing power, and provide the ability to choose how much power is donated”: “The HopePage [sic] is entirely user initiated, and

Bitcoin Investors No Fools as Price Gains 30% in April

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Bitcoin Investors No Fools as Price Gains 30% in April On the last day of April, cryptocurrencies are on the cusp of proving this month marks a resurgence as Bitcoin prices remain up over 30%. BTC/USD Faces Final $9k Test Data from major exchanges tracked by Coinmarketcap , Bitcointicker and others reveals that despite misgivings from traditional finance circles  and even some traders, such as Warren Buffet, Bitcoin has succeeded in holding on to its Q2 gains. Starting out at under $7000, April 1 saw the first signs of revival as a short-lived surge added $500 in hours . After falling to lows under $6500, subsequent repeat patterns delivered more joy to investors, which culminated in highs of $9700 April 25. At press time Monday, April 30, a slight pullback from the weekend is seeing prices challenge $9150, with commentators eagerly waiting to see if the first week of May will be one of bullish or bearish behavior. Altcoins Contrast ‘Stable’ Bitcoin With… 1200% Profits Others, h

Hyperion: Supporting Blockchain Entrepreneurs

Hyperion: Supporting Blockchain Entrepreneurs On the back of the break-out year for ICOs in 2017, in which $5.6 bn was raised, 2018 has already proven that the ICO is not a fad — funds raised through ICOs by the end of April have already exceeded $6.3bn. After the resounding success of ICOs in 2017, Invictus Capital expects to see an increase in projects focused on leveraging the unique attributes of blockchain technology towards industry-specific sectors and use cases. The Hyperion fund is a syndicated venture capital fund focused on early-stage investing through SAFTs, private and public pre-sales and ICOs. The Hyperion Fund provides investors access to a diversified portfolio of professionally vetted early stage investment opportunities, and additionally offers many benefits to entrepreneurs, going far beyond financial support. On the 30th of April, the priority sale for the Invictus Hyperion Fund will begin, followed by the public sale on 3 May. Daniel Schwartzkopff, CEO Invictu

Iran’s State-Backed Cryptocurrency Project Moves Forward After ‘Banning’ Bitcoin

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Iran’s State-Backed Cryptocurrency Project Moves Forward After ‘Banning’ Bitcoin The country’s cryptocurrency project doesn’t seem to be affected by the recent nationwide ban by the Central Bank of Iran, prohibiting dealings with all kinds of virtual currencies. In fact, the project’s experimental model is ready. A Bit of History Iran’s position on the field of cryptocurrencies has undoubtedly been through its ups and downs. Late last year, we saw the country announcing that it was to take proactive measures towards the adoption of effective infrastructure for Bitcoin (and possibly other cryptocurrencies). Following this positive attitude, back in February, Iran’s Information and Communications Technology Minister, Mohammad Jayad Azari-Jahromi,  tweeted that the country was considering the development of its very own cryptocurrency. Yet, somewhere along the road, everything changed  as Iran’s position took a definitive turn in the opposite direction. Early last week, the Central

Japanese Regulators Discussed Restricting Trade Of Privacy-Focused Altcoins, Report Says

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Japanese Regulators Discussed Restricting Trade Of Privacy-Focused Altcoins, Report Says Japanese regulators are considering whether registered cryptocurrency exchanges should be “allowed” to trade privacy-focussed altcoins, reports say Japanese regulators suggested preventing cryptocurrency exchanges from trading anonymity-oriented altcoins Dash (DASH) and Monero (XMR) this month, Forbes reports today, April 30. Relating the outcome of a working group meeting of industry “experts” and the country’s regulator the Financial Services Authority (FSA), the publication quotes one member of the group raising the idea of preventative measures regarding the altcoins, which are known for their focus on privacy and user anonymity. “It should be seriously discussed as to whether any registered cryptocurrency exchange should be allowed to use such currencies,” the unnamed member said, according to Forbes. In light of Japanese exchange Coincheck’s $530 mln hack in January of this year, t

Care About Sharing? Take Our Quiz On The Sharing Economy

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Care About Sharing? Take Our Quiz On The Sharing Economy Do you know what the sharing economy is, and how Blockchain technology could help improve it? Take our quiz to find out. https://ift.tt/2HS7UJC

Bitcoin.com Fraud Lawsuit Group Gaining Steam With Over 1000 Members

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Bitcoin.com Fraud Lawsuit Group Gaining Steam With Over 1000 Members An attempt to sue Bitcoin.com over allegedly “fraudulently” presenting altcoin Bitcoin Cash (BCH) as Bitcoin (BTC) has gained support from over 1000 people. Bitcoin.com And Bitcoin Cash: Enough Is Enough? The dedicated Telegram group made up of organizers and those who have lost money due to the cryptocurrency news and information outlet’s practices current holds 1016 members at press time April 30. The group has existed less than a week, but already features well-known cryptocurrency figures including Charlie Shrem and Richard Heart, as well as Nakamoto Institute founder Pierre Rochard and entrepreneur Alistair Milne. Aiming to take Bitcoin.com to court in its registered jurisdiction – the Caribbean nation of St. Kitts and Nevis – the group focuses on a widely-held belief that the resource has deliberately misled users into buying an altcoin instead of Bitcoin itself. Roger Ver, Bitcoin.com’s owner and staunch

MasterCard Publishes Patent To Speed Up Blockchain Node Activation

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MasterCard Publishes Patent To Speed Up Blockchain Node Activation MasterCard has published a patent for a ‘fast track’ blockchain system, which would enable new nodes to verify blocks at greater speed. MasterCard has filed a patent for a system to speed up the activation of new nodes in a blockchain, in an application published by the U.S. Patent and Trademark Office (USPTO) April 26. The application, which was first filed on October 24, 2016, outlines that the current difficulty facing new nodes –  a computer connected to the blockchain network that stores a copy of the blockchain – is that they are required to individually verify a massive amount of data in order to activate. The patent states that new nodes must verify “thousands, millions, or even billions of transaction records in a vast number of different blocks” that may have accumulated over time in a given blockchain, generating a significant delay before each new node can begin to participate in the network. The patent

Blockchain-Powered Smart Trip Builds Community of Global Travelers

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Blockchain-Powered Smart Trip Builds Community of Global Travelers Have you ever tried to plan a foreign journey? If so, you know that it’s not for the weak of heart. With the modern internet offering a seemingly unlimited number of ways to book flights, reserve hotel rooms, rent a car, or do it all in some sort of package, making the right choice is enough to frustrate even the calmest of travel planners. In fact, it can be hard to even find the right destination in the first place — let alone what you can actually do there. A Complicated Mess The worst part about traveling is the fact that one needs to double and triple check everything — clicking through multiple tabs of booking websites and scrolling past dozens of websites promoted by SEO professionals. Many of these websites charge substantial fees for simply providing their somewhat-uncomplicated service. For example, Booking.com may charge an extra 20 percent on top of the initial offering. Other issues also present themselv

Morgan Stanley Research: Defined Regulations Main Factor For Crypto Exchanges When Choosing Country

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Morgan Stanley Research: Defined Regulations Main Factor For Crypto Exchanges When Choosing Country Well-defined, not necessarily lenient regulations are the main factor for crypto exchanges in deciding which country to settle in, say Morgan Stanley researchers. Thanks to its well-defined regulatory framework, Malta now accounts for the largest share of cryptocurrency trading volume in the world, Business Insider reports Sunday, Apr 29, citing a recent research done by the Morgan Stanley bank. A team of Morgan Stanley researchers, led by analyst Sheena Shah, has conducted a study on the distribution of cryptocurrency exchanges and crypto trading volume across all countries, based on volume data from Coinmarketcap and company registration info listed on the websites of the respective exchanges. The top five countries by crypto trade volume are, in order, Malta, Belize, Seychelles, the US and South Korea , whereas the countries that are home to the largest number of exchanges ar

Cryptocurrency and Equity Markets: Weekly Wrap-Up

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Cryptocurrency and Equity Markets: Weekly Wrap-Up Good week for US markets amid positive news, while cryptocurrencies showed mixed performance this week. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Global Equity Markets: Mixed outlook keeps investors confused Strong earnings reports were supportive of U.S. equities as Amazon saw revenue rise at its highest growth rate in more than six years, while net income doubled. Its stock jumped to a new record high on the news. Other tech leaders such as Microsoft and Intel reported strong earnings, but their stocks backed off following initial breakouts to new record highs. The S&P 500 however ended flat, down by only 0.01% for the week. Rising interest rates remain a concern globally

Crypto Auctions: Where Do Arrested Bitcoins End Up?

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Crypto Auctions: Where Do Arrested Bitcoins End Up? Seizure of Crypto, what governments and police do with arrested Bitcoins. From their early days , cryptocurrencies have been associated by many with black markets and illicit activities. Bitcoin’s feature of allowing direct payments to be made from one party to another without the involvement of financial institutions, has been also utilized as a way to avoid institutional controls and settle illegal transactions. A recent study of University of Technology Sydney (UTS) found that “approximately one-quarter of Bitcoin users and one-half of Bitcoin transactions are associated with illegal activity” On the other hand, given that there are almost 28.5 mln Bitcoin wallets that hold more than 0.001 BTC and many users own several wallets - with some inactive - the magnitude of this phenomenon is considerably reduced . Regardless, it is a fact that some illegal activities are done with cryptocurrencies. While it seems quite simple to se

FintruX Coin (FTX), One Of The Most Popular ICOs of 2018, Gets Listed On HitBTC

FintruX Coin (FTX), One Of The Most Popular ICOs of 2018, Gets Listed On HitBTC HitBTC has just listed FintruX (FTX) on Saturday, April 28. Potential investors who missed their ICO will now be able to buy the tokens on the exchange. Supported trading pairs include FTX/BTC and FTX/ETH. You can now trade FintruX (FTX) on HitBTC exchange. Information About FintruX FintruX is a revolutionary new lending platform that incorporates blockchain to provide a fast and safe way of obtaining an affordable unsecured loan. By creating a decentralized platform where lenders can be matched, utilizing existing technology, with borrowers in a transparent manner that guarantees security for both parties. FintruX aims to disrupt the way in which loans are originated and administered. Unsecured loans, a loan that is not protected by any asset, are typically an expensive way to borrow money, however many are left without a choice and must resort to paying these higher interest fees. FintruX utilizes b

Warren Buffett: Buying Bitcoin ‘Is Not Investing’

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Warren Buffett: Buying Bitcoin ‘Is Not Investing’ Warren Buffett continues to remain notoriously bearish on Bitcoin, claiming those who participate in the market are not investing. ‘That Is Not Investing’ In an exclusive interview with Yahoo Finance in Omaha, Nebraska, leading up to Berkshire Hathaway’s annual shareholder meeting, Buffett revealed that his thinking has not changed in regards to Bitcoin and other cryptocurrencies. He stated : There’s two kinds of items that people buy and think they’re investing. One really is investing and the other isn’t. You can probably guess which one Buffett says “isn’t.” The famous American business magnate, investor, and philanthropist explained his reasoning as such: If you buy something like a farm, an apartment house, or an interest in a business… You can do that on a private basis… And it’s a perfectly satisfactory investment. You look at the investment itself to deliver the return to you. Now, if you buy something like bitcoin or s

The Process of Crypto Currency Generating in United Crypto Mining Group Farms: Key Benefits

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The Process of Crypto Currency Generating in United Crypto Mining Group Farms: Key Benefits Today, mining is considered one of the most common activities on the Internet, which can bring good profits. He appeared recently, but his popularity is growing rapidly. And it is due to the fact that it is able not only to supplement the basic earning, but also completely replace it. Mining is the activity aimed at generating cryptocurrency on the Internet, which is possible after installation of a special video card and software on the computer. An alternative way is the purchasing a complete set of special equipment. To get a cryptocurrency , you need to perform simple mathematical calculations. Money can be withdrawn to any electronic wallet. You can use any other method of transfer, which is most convenient for you. The specialists of United Crypto Mining Group have developed and launched the project with the same name, the goal of which is to bring the mining of the cryptocurrency to th

Why Canada has Emerged as a Leading Blockchain and Crypto Nation: Expert Take

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Why Canada has Emerged as a Leading Blockchain and Crypto Nation: Expert Take There are four pillars: innovation, low energy costs, high internet speed and favorable regulatory regime In our Expert Takes, opinion leaders from inside and outside the crypto industry express their views, share their experience and give professional advice. Expert Takes cover everything from Blockchain technology and ICO funding to taxation, regulation, and cryptocurrency adoption by different sectors of the economy. If you would like to contribute an Expert Take, please email your ideas and CV to george@cointelegraph.com . The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, you should conduct your own research when making a decision. Canada has emerged as a leading crypto nation based on its innovation, low

Dubai: Police Use AI Tech To Locate And Arrest Gang Suspected Of $1.9 Mln Armed Bitcoin Heist

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Dubai: Police Use AI Tech To Locate And Arrest Gang Suspected Of $1.9 Mln Armed Bitcoin Heist Dubai police have arrested ten gang members suspected of a Bitcoin heist, in which they allegedly assaulted two men at gunpoint, escaping with $1.9 mln in cash. Police in Dubai have arrested ten members of a gang who reportedly stole 7 mln AED ($1.9 mln) in an armed Bitcoin heist in the Al Muraqqabat area of Dubai on Wednesday, Gulf News reports Sunday, April 29. Lieutenant Colonel Adel Al Joker, Director of Criminal Investigation Department (CID), told Gulf News: "The brothers searched randomly in the market to buy Bitcoin. The gang lured them claiming they can sell them Bitcoin.” The victims, reported to be two brothers, arranged to meet members of the gang to settle the transaction in an empty office, where they were then assaulted and robbed at gunpoint. Six gang members are said to have been waiting for the brothers inside the office, with three others keeping guard outside. A

School District Forced to Pay $10,000 in Bitcoin Ransomware Attack

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School District Forced to Pay $10,000 in Bitcoin Ransomware Attack The Leominster Public Schools District has become the latest victim of a Bitcoin ransomware cyberattack . The school district was forced to pay $10,000 in Bitcoin to unlock their system. Details of the Cyberattack On April 14th, suspected hackers took over the computer system of the Leominster Public Schools District in Massachusetts, shutting it down. According to Paula Deacon, the superintendent of the school district, a lock was placed on the computer system and a ransom was demanded. Meanwhile, the cyber hijackers stipulated that the ransom should be paid in Bitcoin , the popular cryptocurrency. As part of the negotiations between the school district and the hackers, decryption keys were sent to unlock some of the locked files as a show of proof. Commenting on the issue, Dean Mazzarella, the mayor of Leominster, said that the perpetrators were “smart .” He also said that the Federal Bureau of Investigation (FBI) w