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#NEWS

Gates Foundation Partners Ripple and Coil in Financial Inclusion Initiative

The Bill & Melinda Gates Foundation is teaming up with San Francisco, California-based blockchain firm Coil with a view of enhancing financial access for the unbanked and underprivileged communities.

Initially announced by the principal technologist and a deputy director at Bill & Melinda Gates Foundation, Miller Abel, the development was later confirmed by the blockchain startup which was founded by a former chief technology officer of Ripple, Stefan Thomas.

Other than implementing Ripple’s Interledger Protocol, ways of using open source payments software MojaLoop to enable disbursement systems geared towards the poor will be explored. Gates Foundation provided the funding which financed the development of MojaLoop (which borrows the Swahili word Moja, meaning one). Besides Ripple other firms which were involved in developing the pro-poor payment system included Crosslake Technologies, Software Group, ModusBox and Dwolla.

Full article:
https://www.ccn.com/gates-foundation-partners-ripple-and-coil-in-financial-inclusion-initiative/
#Cloudbric

AI-based, cybersecuriry platform, Cloudbric is currently having their EPIC airdrop & bounty campaign with over $800K+ in rewards, with the ability to earn up to 20ETH for one of the campaigns and 120CLB (~$5) per airdrop 

To learn how to get a piece of that pie, head over to the Bitcointalk bounty thread at: https://bitcointalk.org/index.php?topic=4766975

We have also opened up KYC at ico.cloudbric.io be sure to sign up before pre-sale in a couple weeks!

You can also join our community at t.me/cloudbric if you have any questions or want to learn more about the project
#NEWS

Bitcoin Volume Approaches Yearly Low Again as Market Deletes $6 Billion

Over the past 48 hours, the volume of Bitcoin (BTC) has fell substantially from over $5 billion to $3.8 billion, and is quickly moving to its yearly low.

On CoinCap.io, ShapeShift’s official cryptocurrency market data provider, the volume of Bitcoin remains at around $2.54 billion. If the volume of BTC drops by around 15 percent in the days to come, then a new yearly low could be reached.

The low volume of Bitcoin is a concerning indicator for the short-term trend of the market because since early August, BTC has shown a high level of stability supported with low daily trading activity.

Full article:
https://www.ccn.com/bitcoin-volume-approaches-yearly-low-again-as-market-deletes-6-billion/
#NEWS

Slain Bitcoin Investor Was Cashing out to Buy an Apartment

The Norwegian cryptocurrency investor who earlier this week was brutally murdered following a cash-for-bitcoin exchange was reportedly liquidating his holdings so that he could buy his own apartment.

CCN reported yesterday that the 24-year-old investor had been stabbed to death in his apartment on Monday morning, sometime between 7:50 am and 12:10 pm, when one of his roommates returned home to discover the grisly crime scene.

Citing sources within the Oslo police department, local media outlets reported that, shortly before the murder, the victim had exchanged a large sum of bitcoin for cash, which he kept in his room in the shared apartment.

“We are familiar with a tip about Bitcoin, but at this time we will not provide more information about the investigation,” said the head of the department’s intelligence and investigations unit, according to a rough translation.

According to Norwegian media publication Verdens Gang, he had made more than 1 million NOK (~$120,000) from his bitcoin investment. Friends said that others in his social circle were aware of his cryptocurrency dealings and that he had discussed using his profits to purchase his own apartment.

Per the report, police believe that, aware the victim was holding a large amount of cash, the perpetrator may have attempted to sneak into the victim’s apartment through a window. Upon meeting resistance, a struggle ensued, and the thief stabbed the victim more than 20 times.

As of the time of writing, no arrests had been made in connection with the case, and the police had not yet named any suspects.

Full article:
https://www.ccn.com/slain-bitcoin-investor-was-cashing-out-to-buy-an-apartment/
#NEWS

Bitcoin Price Not Correlated to Futures Expiration Dates: Research

The common idea that the bitcoin price drops just before the cryptocurrency futures contracts expire has no solid basis, a new study published by Cindicator suggests.

The report, titled Bitcoin Futures: Market Evolution, studied bitcoin volumes on futures and spot cryptocurrency exchanges to get an idea about the liquidity and development of the holistic trading market. It initially found the presence of institutional investors in the future markets, analyzed their past positions on the futures, compared them to the bitcoin price movements before the future expired.

The analysis is rested on a theory that future markets, with their comparatively lower volume than the spot market, are insufficient catalysts when it comes to predicting bitcoin spot prices. The Cindicator researchers, therefore, opted to study the bitcoin price action every time a future approached its expiration date.

“This is partly because of arbitrageurs trying to gain from differences between futures and spot prices that can be produced by lower liquidity and/or differing demand-supply dynamics of futures and spot investors in the short term,” the researchers explained.
Full article:
https://www.ccn.com/bitcoin-price-not-correlated-to-futures-expiration-dates-research/
#NEWS

Tether Has Yanked $610 Million out of Circulation this Month

Tether Limited, issuer of the dollar-pegged cryptocurrency tether (USDT), has yanked nearly a quarter of the controversial stablecoin’s market cap out of circulation since the beginning of October.

On Wednesday, cryptocurrency exchange Bitfinex sent another 50 million USDT to the Tether Treasury, marking the sixth time this month that the company — which shares a management team with Tether — pulled USDT out of circulation by depositing them into the treasury address. Tether has not issued any new tokens in October, and the last time that new tokens entered circulation was on Sept. 21, when the treasury sent 50 million USDT to Bitfinex.

Full article:
https://www.ccn.com/tether-has-yanked-610-million-out-of-circulation-this-month/
#NEWS

Guest Spot: Insights into Ethereum Smart Contract Development

Many of you have probably questioned the usefulness of blockchain in general and Ethereum in particular. Some of you may have gone further in your curiosity and came across numerous fancy characteristics, such as decentralization, transparency, trust without intermediaries, and hack resistance. That’s remarkable, isn’t it? It sure is, but…

In its current state, blockchain is a perfect match for fulfilling a narrow range of tasks, unless you consider “adding some nanotechnologies for a wow effect” to be a task – in fact, you can adjust nearly anything to align with this objective. Of course, something needs to be done for a start, with various experiments helping understand the potential and showing where the demand can be, where an unexpected dead end is, and where the drawbacks turn out not as critical as predicted. You do need to know about the boundaries, though, in order to make an informed decision whether it’s reasonable to try and step over them in a particular scenario.

By the way, Ethereum isn’t the only and the best-ever option. Perhaps, blockchain is the right instrument to achieve your goal, although a different type of blockchain. Yet, we will imply “Ethereum” as we further mention “blockchain” in this article.

Full article:
https://www.ccn.com/guest-spot-insights-into-ethereum-smart-contract-development/
#NEWS

Chinese Crypto Wallet Cobo Raises $13 Million, Eyes Global Expansion

Plans for worldwide growth are on track for cryptocurrency wallet startup Cobo after it managed to raise US$13 million in a Series A round.

The cryptocurrency wallet startup, which is based in Beijing, China, has set its sights on expanding in the United States as well as in Southeast Asia particularly Indonesia and Vietnam. The Series A round was led by Chinese family office Wu Capital and DHVC. This brings the total amount that Cobo has raised in Series A to approximately US$20 million since it was founded in 2017, according to a press release.

Currently, the Chinese crypto startup possesses two flagship products – a cryptocurrency hardware wallet known as Cobo Vault and a multi-asset cryptocurrency software wallet named Cobo Wallet. Since Cobo Wallet was unveiled earlier this year, it has amassed over half a million users.

Full article:
https://www.ccn.com/chinese-crypto-wallet-cobo-raises-13-million-eyes-global-expansion/
#ERN

AFFILIATE BONUS PROGRAM is LIVE!

Create account by visiting our website: https://erntoken.com/ 

PRE ICO is LIVE

Price per token - $0.04 with 10% ETH cashback

Based price 1ETH = $520

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Email: presale@erntoken.io
#NEWS

Blockchain Healthcare Company Docademic Partners With Devlyn

Docademic, the healthcare company that lets anyone talk to a doctor or psychologist through their mobile device and uses a proprietary token for its own healthcare payment system, has expanded its resources by partnering with eye care company Devlyn.

Expanding the NetworkOn Thursday Docademic stated on Twitter:

“We are confident that working with Devlyn and its more than 9 million clients and 1,200 stores across Latin America, we will be able to expand the reach of the Docademic and Cool Emotions services and accelerate the MTC crypto economy.”

Full article:
https://cryptoslate.com/blockchain-healthcare-company-docademic-partners-with-devlyn/
#Mixin_Network

Mixin Network announces its exclusive sponsorship in the world premiere of Korean blockchain reality show "#Bitcoin adventure". How to overcome the survival challenges with #Mixin_Messenger around the world? We will see

https://medium.com/mixinnetwork/mixin-network-announces-its-exclusive-sponsorship-on-blockchain-reality-show-bitcoin-8f25147c5981

#Mixin_Network $XIN
#NEWS

Third Largest Crypto Exchange Huobi Opens Deposits for New ‘Stablecoin Solution’ HUSD

Singapore-headquartered cryptocurrency exchange Huobi announced the creation of what it calls a “stablecoin solution” in a blog post Friday, Oct. 19.

Set to go live from Friday, the project, known as HUSD, will consist of Huobi’s own stablecoin asset which investors can use as an go-between to interact with four USD-backed stablecoins currently listed on the exchange.

Specifically, Huobi will accept and store Paxos Standard (PAX), True USD (TUSD), USD Coin (USDC) and Gemini Dollars (GUSD), giving users a balance in HUSD as a kind of aggregator of all four.

According to Huobi’s post, users can then cash out the same stablecoin they deposited or select from any of the other three.

HUSD will also be tradeable against other cryptocurrencies, beginning with controversial stablecoin Tether (USDT), followed by Bitcoin (BTC) and Ethereum (ETH).

Commenting on the project, Huobi said it would expand it to cover other stablecoins in future.

“We will keep a close watch on new stablecoins that appear on the market and optimize the HUSD standards,” executives wrote:

“We look forward to more stablecoins being involved in the HUSD system.”

Huobi announced the listing of the above four USD-backed stablecoins earlier this week, following a similar move by OKEx.

Huobi is currently the third largest crypto exchange globally by daily trading volumes, seeing about $416 million in trades on the day to press time.

Full article:
https://cointelegraph.com/news/third-largest-crypto-exchange-huobi-opens-deposits-for-new-stablecoin-solution-husd
#CoinBundle

Crypto seems to be jam-packed with dudes. Well, we realize that is not the case and want to share some of the amazing women of crypto with you. So, please read up on what these ladies are doing for the industry. ‍

https://medium.com/coinbundle/notable-women-of-crypto-cee437464f92
#NEWS

Trump’s Tariffs are Putting the Pinch on Bitcoin Mining Giant Bitmain

Increasing tensions in China-US trade relations may portend tougher times ahead for Chinese bitcoin mining hardware maker Bitmain, with shipments to one of its major overseas markets facing new tariffs since August 23. The South China Morning Post reports that Bitmain is seen by analysts as the cryptocurrency mining hardware firm with the most potential exposure to US trade barriers.

Bitmain’s flagship Antminer S9 was in June reclassified by the United States Trade Representative as “electrical machinery apparatus,” subjecting this device to a 2.6 percent tariff. It was formerly categorized as “data processing machine.” More significantly, the reclassification brought it under the category of Chinese goods subject to an additional 25 percent tariff, bringing total tariff for Chinese crypto mining rig makers to 27.6 percent from zero on their US shipments.

CCN earlier reported that Beijing-based Bitmain filed for an IPO in Hong Kong last month, seeking to raise a reported $3 billion. Canaan and Ebang International have also filed also filed to be listed on the Hong Kong stock exchange.

Both companies are also affected by the new tariff regime, with Canaan reportedly earning 8.5 of its 2017 revenue from overseas sales and Ebang’s overseas sales figures accounting for 3.8 percent of its 2017 revenue. Nevertheless, they have not invested nearly as much in overseas expansion as Bitmain has in recent months.

Full article:
https://www.ccn.com/trumps-tariffs-are-putting-the-pinch-on-bitcoin-mining-giant-bitmain/
#AliveCasino

At this stage, with the cooperation of its product supplier, Alive will  start  designing  the  different casino tables. The tables will feature a variety of colored layouts, with customized and personalized designs that carry the Alive Casino logo

https://twitter.com/i/status/1052529658686668800
#BolttCoin

A combination of Exercise Plus Nutrition
Each program contains fun workout routines & nutritionally dense meal plans. Designed to promote maximum fat-loss based on your body type and fitness level

Diet plans that work
Forget a nutritionist.. the Boltt coach prescribes a wide range of diets for every meal, during the course of your program. Each diet is goal based. From a detox to a high carb diet to many more based on your preferences
#NEWS

Fed Up With AI Mistakes? Blockchain Startup Follows ‘Wikipedia Model’ to Make It Better

Artificial intelligence (AI) is advancing by leaps and bounds, with exciting new applications launching every day.

But a blockchain-based startup believes the transition from an “information economy” to an “intelligence economy” will prove a bumpy ride for many people. Large corporations have built most  of the common AI systems that many people use today. CEN says this centralization has the danger of monopolizing AI – leaving most of us out of the loop.

According to CEN, this is not the only problem. Right now, AI systems make basic errors that human common sense can avoid. These systems need intensive training if they are to enhance our world – much like children need to learn how to walk, talk, and think for themselves.

In part, these mistakes happen because of the way AI systems are built. CEN says many of these platforms rely on the automated scraping of websites, or manual entries by in-house teams – and it’s safe to say the latter is a daunting task given the vast amounts of human knowledge out there.

Acknowledging these issues, CEN says it has found the solution: using the power of community to teach AIs. The startup wants to emulate the success that has been seen in other internet-based projects, where thousands of people have come together to benefit society as a whole.

“It’s rather like the way Wikipedia won out over Encyclopedia Britannica,” the team said. “The power of the community to fill in the long tail of knowledge will always win.”

Full article:
https://cointelegraph.com/news/fed-up-with-ai-mistakes-blockchain-startup-follows-wikipedia-model-to-make-it-better
#MenaPay

There are different stages of #token sale; #PrivateSale, #PreICO and #ICO. Our content manager Simge Icen explains the differences between these stages in her latest blog post #crypto4mena
​​#ProjectDELTA

#ProjectDELTA is developing a new #blockchain #protocol like no other that allows real-time transaction confirmation while processing large amounts of #data. But what really makes us different than the existing blockchain protocols?