ββAirexe is a project for creating a crypto-fiat exchange with high speed and enhanced asset security.
Exchange Features:
- increased security measures
- compliance with regulatory requirements
24-hour customer service
- constant addition of topical coins
tutorials for beginners
- Transparent ownership of the site
mobile applications for users
Exchange Features:
- increased security measures
- compliance with regulatory requirements
24-hour customer service
- constant addition of topical coins
tutorials for beginners
- Transparent ownership of the site
mobile applications for users
π₯The first interactive stickers inside Telegram with current rates of leading cryptocurrencies. Stickers (rates) are automatically updated every 5 minutes! #Bitcoin #Ethereum #XRP #Litecoin π₯
Add β‘οΈ t.me/addstickers/coinchart_by_emporiumbot
Add β‘οΈ t.me/addstickers/coinchart_by_emporiumbot
ββUnibright is a project to create a single platform for business integration based on blockchain.
Solutions that the project provides:
- Unibright Visual Workflow Designer: the ability to easily create smart contracts without writing code
- Unibright Contract Lifecycle Manager: the ability to convert visually represented business processes into code with a single button
- Unibright Explorer: Monitor current business processes
- Unibright Connector: Possibility to integrate existing IT interfaces with blockchains and smart contracts using blockchain adapters
At the moment, the project has already created some templates available for use:
- the template for monitoring the delivery process
- a template for processing an insurance claim
- the template for hiring
- a template to track the life cycle of an asset
Solutions that the project provides:
- Unibright Visual Workflow Designer: the ability to easily create smart contracts without writing code
- Unibright Contract Lifecycle Manager: the ability to convert visually represented business processes into code with a single button
- Unibright Explorer: Monitor current business processes
- Unibright Connector: Possibility to integrate existing IT interfaces with blockchains and smart contracts using blockchain adapters
At the moment, the project has already created some templates available for use:
- the template for monitoring the delivery process
- a template for processing an insurance claim
- the template for hiring
- a template to track the life cycle of an asset
CRYPTO GREATNESS!
π― Author's articles about cryptocurrency
π― Profitable trading recommendations
π― Professional analytics from StansberryChurchouse Investment Fund
π― Qualitative reviews of cryptocurrencies
Recently I've been telling you what kind of coin will grow in 30 times and more in 3 years.
Subscribe and increase your crypto capital!
π @Crypto_Great π
π― Author's articles about cryptocurrency
π― Profitable trading recommendations
π― Professional analytics from StansberryChurchouse Investment Fund
π― Qualitative reviews of cryptocurrencies
Recently I've been telling you what kind of coin will grow in 30 times and more in 3 years.
Subscribe and increase your crypto capital!
π @Crypto_Great π
Telegram
Crypto Greatness
ββBasic Attention Token (BAT)
In late April, the Brave desktop browser started rewarding users for viewing privacy-preserving Brave Ads. This allowed users to receive 70% of the ad revenue share as a reward in BAT.
From the beginning of 2019 to the endβ¦
In late April, the Brave desktop browser started rewarding users for viewing privacy-preserving Brave Ads. This allowed users to receive 70% of the ad revenue share as a reward in BAT.
From the beginning of 2019 to the endβ¦
StormGain brings crypto into sport and gives EPL tickets away!
StormGain is an Official Sleeve Partner of Newcastle United FC! Now football fans can enjoy numerous benefits: regular and VIP tickets to EPL matches, signed merchandise, training sessions with players and many other things.
Join us now to get a chance to win tickets for NUFC matches!
Take your tickets here: http://bit.ly/2ZfZWQh
StormGain is an Official Sleeve Partner of Newcastle United FC! Now football fans can enjoy numerous benefits: regular and VIP tickets to EPL matches, signed merchandise, training sessions with players and many other things.
Join us now to get a chance to win tickets for NUFC matches!
Take your tickets here: http://bit.ly/2ZfZWQh
ββNeuromachine - a platform for managing your crypto assets
The world's first decentralized expert and analytical platform for managing your crypto assets and sharing information about the world of cryptocurrencies, built on blockchain technology. NRM will combine the functionality of trading platforms with a social component and data predicted by an artificial neural network, which will bring interaction with the world of cryptocurrencies to a new level.
Artificial intelligence based on a neural network, built using the latest self-learning algorithms, the analysis, and comparison of neurons in which will be self-correcting based on the history of successes and failures, taking into account the correlation of objects of analysis.
Thanks to the use of large computing power and artificial intelligence based on a neural network, the NRM assistant will instantly analyze user data and propose solutions for their further use.
The world's first decentralized expert and analytical platform for managing your crypto assets and sharing information about the world of cryptocurrencies, built on blockchain technology. NRM will combine the functionality of trading platforms with a social component and data predicted by an artificial neural network, which will bring interaction with the world of cryptocurrencies to a new level.
Artificial intelligence based on a neural network, built using the latest self-learning algorithms, the analysis, and comparison of neurons in which will be self-correcting based on the history of successes and failures, taking into account the correlation of objects of analysis.
Thanks to the use of large computing power and artificial intelligence based on a neural network, the NRM assistant will instantly analyze user data and propose solutions for their further use.
β β β β β π₯π
π
π
¦ π
π
‘π
π
π
π
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β β β β β β β Kryptoredeem (KRT)
Kryptoredeem is committed to creating a loyalty program with an effective business model using blockchain technology. Also, it aims to provide sellers and customers with a decentralized and secure technology to satisfy customers and their loyalty with the Kryptoredeem token. The program increases customer loyalty to the brand.
βΉοΈ Token-Information:
Token Name: KRT
Token Type: ERC20 - Ethereum
Soft Cap: 500,000 USD
Hard Cap: 2,500,000 USD
π Website
π Whitepaper
π₯ Telegram
π Twitter
π· Facebook
π€³πΌ Instagram
π¦ YouTube
π€ Reddit
β β β β β β β Kryptoredeem (KRT)
Kryptoredeem is committed to creating a loyalty program with an effective business model using blockchain technology. Also, it aims to provide sellers and customers with a decentralized and secure technology to satisfy customers and their loyalty with the Kryptoredeem token. The program increases customer loyalty to the brand.
βΉοΈ Token-Information:
Token Name: KRT
Token Type: ERC20 - Ethereum
Soft Cap: 500,000 USD
Hard Cap: 2,500,000 USD
π Website
π Whitepaper
π₯ Telegram
π Twitter
π· Facebook
π€³πΌ Instagram
π¦ YouTube
π€ Reddit
ββThe largest crypto giveaway in history! $1 000 000 and 500 prizes for traders & holders of PYN-37 on Binance DEX!
Yes, that's not a joke β Paycent is really giving away $1 000 000 in amazing prizes.
You can win a trip to Dubai or Vegas, a Mac, a 70-inch LED TV, a Rolex, and a A KILOGRAM OF PURE 24 KT GOLD. But best of all...
...You can win a Bentley. A gorgeous, $350 000 Bentley.
It's an epic, monumental, monstrous event β nothing like this has ever happened before.
Are we crazy? Probably. But we're gonna do it anyway!
Paycent is the world's ONLY crypto-fiat card that actually works.
Our coin PYN is now listed on Binance DEX.
If you are on Binance DEX too, then join our giveaway ASAP!
It's very easy, really. You can trade PYN-37 (our token) or just HODL it.
Start: September 3
End: October 15
Full terms & conditions.
Yes, that's not a joke β Paycent is really giving away $1 000 000 in amazing prizes.
You can win a trip to Dubai or Vegas, a Mac, a 70-inch LED TV, a Rolex, and a A KILOGRAM OF PURE 24 KT GOLD. But best of all...
...You can win a Bentley. A gorgeous, $350 000 Bentley.
It's an epic, monumental, monstrous event β nothing like this has ever happened before.
Are we crazy? Probably. But we're gonna do it anyway!
Paycent is the world's ONLY crypto-fiat card that actually works.
Our coin PYN is now listed on Binance DEX.
If you are on Binance DEX too, then join our giveaway ASAP!
It's very easy, really. You can trade PYN-37 (our token) or just HODL it.
Start: September 3
End: October 15
Full terms & conditions.
Bitwala launches bitcoin banking application in 30 countries
The German blockchain startup Bitwala has launched a banking application with an integrated Bitcoin wallet. This was reported on the company's website.
The application is available for devices on iOS and Android. With its help, residents of 30 European countries can open an account with a German bank in a few minutes using the video identification function. Users can also receive a Mastercard debit card with the possibility of depositing funds in the amount of up to β¬ 100 thousand.
A key feature of the application is an integrated Bitcoin wallet. According to representatives of Bitwala, it can be used for everyday finance. For example, users can buy BTC directly from their bank account, and then send them to friends and relatives, while retaining control of private keys.
In December last year, Bitwala officially launched its updated cryptocurrency service, offering users a single bank account with support for bitcoin and fiat and debit cards. Thanks to the partnership with solarisBank, platform users can also trade bitcoin directly from their account.
The German blockchain startup Bitwala has launched a banking application with an integrated Bitcoin wallet. This was reported on the company's website.
The application is available for devices on iOS and Android. With its help, residents of 30 European countries can open an account with a German bank in a few minutes using the video identification function. Users can also receive a Mastercard debit card with the possibility of depositing funds in the amount of up to β¬ 100 thousand.
A key feature of the application is an integrated Bitcoin wallet. According to representatives of Bitwala, it can be used for everyday finance. For example, users can buy BTC directly from their bank account, and then send them to friends and relatives, while retaining control of private keys.
In December last year, Bitwala officially launched its updated cryptocurrency service, offering users a single bank account with support for bitcoin and fiat and debit cards. Thanks to the partnership with solarisBank, platform users can also trade bitcoin directly from their account.
ββPaxos launches gold-tied cryptocurrency and stablecoin for Binance
Paxos launched the gold-linked cryptocurrency asset based on the Ethereum Pax Gold blockchain (PAXG) and received the appropriate permission from the New York Financial Services Authority (NYDFS). The company also entered into a partnership agreement with the Binance exchange for the release of Binance USD (BUSD) - stablecoin pegged to the US dollar.
According to him, each PAXG token costs as much as one ounce of gold and can be redeemed in exchange for a physical gold bar in partner organizations, for example, in New York Bullion Exchanges or London Brinkβs. The list of these organizations will be expanded.
In addition to offering cryptocurrency lending services, SALT startup now offers PAXG loans in fiat, as well as in PAX, TrueUSD and USDC stablecoins.
Chad Cascarilla is also sure that this is a big step towards the adoption of cryptocurrencies by investors in real assets. In the future, the company intends to tokenize other property.
However, whether the asset tied to gold will be able to find a response among crypto enthusiasts remains an open question. Thus, Dan Macardle, co-founder of Messari research company, says that assets issued by centralized organizations will not be able to compete with bitcoin as βdigital goldβ.
Meanwhile, the Binance exchange announced the launch of a new stablecoin pegged to the US dollar. The Ethereum-based asset was named Binance USD (BUSD), and Paxos will also issue and store fiat reserves.
For the purchase and redemption of BUSD, the Paxos platform will be used. BUSD trading on Binance itself in pairs with BTC, BNB and XRP will start later this month.
Binance and Paxos also claim that they have already obtained NYDFS permission to service BUSD., Which will provide access to the new asset and New Yorkers.
Paxos launched the gold-linked cryptocurrency asset based on the Ethereum Pax Gold blockchain (PAXG) and received the appropriate permission from the New York Financial Services Authority (NYDFS). The company also entered into a partnership agreement with the Binance exchange for the release of Binance USD (BUSD) - stablecoin pegged to the US dollar.
According to him, each PAXG token costs as much as one ounce of gold and can be redeemed in exchange for a physical gold bar in partner organizations, for example, in New York Bullion Exchanges or London Brinkβs. The list of these organizations will be expanded.
In addition to offering cryptocurrency lending services, SALT startup now offers PAXG loans in fiat, as well as in PAX, TrueUSD and USDC stablecoins.
Chad Cascarilla is also sure that this is a big step towards the adoption of cryptocurrencies by investors in real assets. In the future, the company intends to tokenize other property.
However, whether the asset tied to gold will be able to find a response among crypto enthusiasts remains an open question. Thus, Dan Macardle, co-founder of Messari research company, says that assets issued by centralized organizations will not be able to compete with bitcoin as βdigital goldβ.
Meanwhile, the Binance exchange announced the launch of a new stablecoin pegged to the US dollar. The Ethereum-based asset was named Binance USD (BUSD), and Paxos will also issue and store fiat reserves.
For the purchase and redemption of BUSD, the Paxos platform will be used. BUSD trading on Binance itself in pairs with BTC, BNB and XRP will start later this month.
Binance and Paxos also claim that they have already obtained NYDFS permission to service BUSD., Which will provide access to the new asset and New Yorkers.
Tether launches RMB stablecoin
Tether, which previously announced plans to release a new stable coin tied to RMB, is pursuing its intentions and announces the release of CNHT.
The new asset is an ERC20 token on the Ethereum blockchain and is tied to an offshore renminbi (a currency used outside of China).
Also, as The Block learned, Tether plans to launch the stablecoin JPYT, pegged to the Japanese national currency, the yen, shortly.
According to analysts, CNHT will negatively affect the local crypto community, given the still rather tough position of the Chinese authorities regarding the industry. Tether, in turn, stated that the new asset would not become some kind of obstacle to local traditional currencies and financial priorities.
Recall, last week, Tether announced its intention to issue a stablecoin, secured by a basket of exchange-traded assets - gold, oil, rubber
Tether, which previously announced plans to release a new stable coin tied to RMB, is pursuing its intentions and announces the release of CNHT.
The new asset is an ERC20 token on the Ethereum blockchain and is tied to an offshore renminbi (a currency used outside of China).
Also, as The Block learned, Tether plans to launch the stablecoin JPYT, pegged to the Japanese national currency, the yen, shortly.
According to analysts, CNHT will negatively affect the local crypto community, given the still rather tough position of the Chinese authorities regarding the industry. Tether, in turn, stated that the new asset would not become some kind of obstacle to local traditional currencies and financial priorities.
Recall, last week, Tether announced its intention to issue a stablecoin, secured by a basket of exchange-traded assets - gold, oil, rubber
As a candidate for public trust, we offer Basic Attention Token, which is the native currency of the Brave blockchain browser.
Today, the price of BAT is close to its lows, but the project continues to develop:
βͺοΈ In some countries, users of the desktop version of the browser may receive BAT for viewing ads.
βͺοΈ BAT can be displayed and stored on Ledger and Trezor wallets.
βͺοΈ The Brave Rewards platform was launched for BAT donors to content authors, even Wikipedia accepts them.
βͺοΈ Brave outperformed Firefox, Opera, and Chrome among Japanese Google Play users.
What do you think about BAT?
Today, the price of BAT is close to its lows, but the project continues to develop:
βͺοΈ In some countries, users of the desktop version of the browser may receive BAT for viewing ads.
βͺοΈ BAT can be displayed and stored on Ledger and Trezor wallets.
βͺοΈ The Brave Rewards platform was launched for BAT donors to content authors, even Wikipedia accepts them.
βͺοΈ Brave outperformed Firefox, Opera, and Chrome among Japanese Google Play users.
What do you think about BAT?
π° The European Space Agency will support the development of a blockchain-based satellite project
Blockchain startup SpaceChain won a grant of β¬ 60,000 from the European Space Agency (ESA) to explore options for using the blockchain-based satellite wallet system.
ESA grant contributes to SpaceChainβs efforts to launch an ultra-secure distributed satellite network supporting multi-signatures into orbit. The company has already conducted tests to launch blockchain nodes in space.
The technology uses a system with three signatures - two terrestrial and one orbital, which is performed from a satellite. Each transaction requires at least two of the three signatures.
SpaceChain co-founder and CEO Zee Zheng said his company's satellite nodes are much safer than terrestrial networks that process transactions on the open Internet with data and protocol transfers over a direct line to the satellite.
βWe donβt need access to the Internet to complete this kind of transaction, which eliminates many potential risks for hacking,β said Zheng.
βWe are talking about a market in which more than $ 1 billion in cryptocurrencies was stolen last year. It will be much more difficult for hackers to commit theft in our system. β
Zheng called the ESA grant an opportunity for the cryptocurrency community to learn more about blockchain space applications. He noted the high interest of developers in improving security.
βWe want to use this opportunity to demonstrate how space and blockchain can interact,β Zheng said.
Several companies are trying to combine blockchain and satellite technologies at once. The Blockstream Satellite service, which allows Bitcoin users to transfer cryptocurrency via leased satellites, was launched by the company in August 2017, and at the end of last year the service was expanded to the Asia-Pacific region.
Blockchain startup SpaceChain won a grant of β¬ 60,000 from the European Space Agency (ESA) to explore options for using the blockchain-based satellite wallet system.
ESA grant contributes to SpaceChainβs efforts to launch an ultra-secure distributed satellite network supporting multi-signatures into orbit. The company has already conducted tests to launch blockchain nodes in space.
The technology uses a system with three signatures - two terrestrial and one orbital, which is performed from a satellite. Each transaction requires at least two of the three signatures.
SpaceChain co-founder and CEO Zee Zheng said his company's satellite nodes are much safer than terrestrial networks that process transactions on the open Internet with data and protocol transfers over a direct line to the satellite.
βWe donβt need access to the Internet to complete this kind of transaction, which eliminates many potential risks for hacking,β said Zheng.
βWe are talking about a market in which more than $ 1 billion in cryptocurrencies was stolen last year. It will be much more difficult for hackers to commit theft in our system. β
Zheng called the ESA grant an opportunity for the cryptocurrency community to learn more about blockchain space applications. He noted the high interest of developers in improving security.
βWe want to use this opportunity to demonstrate how space and blockchain can interact,β Zheng said.
Several companies are trying to combine blockchain and satellite technologies at once. The Blockstream Satellite service, which allows Bitcoin users to transfer cryptocurrency via leased satellites, was launched by the company in August 2017, and at the end of last year the service was expanded to the Asia-Pacific region.
ββExtreme fear among investors: sellers dominate
Fear and greed index is an indicator that reflects the moods of market participants, where zero value means "extreme fear", and the value of 100 represents "extreme greed".
The decline in the Bitcoin price turned the indicator into a red zone, but the situation has slightly improved: yesterday the fear index was equal to 15.
Factors are taken into account in the index: market volatility, market volume, social networks (analysis of Twitter posts), surveys, dominance, Google Trends.
Apparently, the combination of such factors as unjustified expectations from the launch of Bakkt, the drop in hashing speed, which frightened investors, the dependence of the Bitcoin price on the timing of execution of futures contracts, technical indicators and panic that came to the market, had a strong impact on the behavior of investors.
It is too early to announce the panic-sale, but it is obvious that the seller prevails in the market.
Fear and greed index is an indicator that reflects the moods of market participants, where zero value means "extreme fear", and the value of 100 represents "extreme greed".
The decline in the Bitcoin price turned the indicator into a red zone, but the situation has slightly improved: yesterday the fear index was equal to 15.
Factors are taken into account in the index: market volatility, market volume, social networks (analysis of Twitter posts), surveys, dominance, Google Trends.
Apparently, the combination of such factors as unjustified expectations from the launch of Bakkt, the drop in hashing speed, which frightened investors, the dependence of the Bitcoin price on the timing of execution of futures contracts, technical indicators and panic that came to the market, had a strong impact on the behavior of investors.
It is too early to announce the panic-sale, but it is obvious that the seller prevails in the market.
Chartoken Round 2 οΌCharοΌ
Reward: 1,000 οΌ$ 30οΌ
Rating: 5/5
Note: the total bet is 5 billion.
The token will be distributed in October.
Bot Airdrop Link
π₯ Telegram
π Website
π Twitter
π· Facebook
π€³πΌ Instagram
π¦ YouTube
Send your ETH wallet and get 1,000 Char tokensπ€
βΉοΈ Additional information:
Chartoken is a financial investment project developed based on Blockchain technology. The focus is on digital assets with the goal of maximizing returns for investors and benefiting the community through charitable work.
Reward: 1,000 οΌ$ 30οΌ
Rating: 5/5
Note: the total bet is 5 billion.
The token will be distributed in October.
Bot Airdrop Link
π₯ Telegram
π Website
π Twitter
π· Facebook
π€³πΌ Instagram
π¦ YouTube
Send your ETH wallet and get 1,000 Char tokensπ€
βΉοΈ Additional information:
Chartoken is a financial investment project developed based on Blockchain technology. The focus is on digital assets with the goal of maximizing returns for investors and benefiting the community through charitable work.
Telegram
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π βC Estatesβ - real estate project, the launch of own IEO at Latoken
β±IEO START October 31, 2019
β±IEO END December 31, 2019
C Estates brings together people around the world to easily make transactions and conveniently buy/sell real estate. Regardless of whether you confirm the document, confirm notarization, confirm ownership of the asset, buy or sell real estate, or find someone who will manage the real estate, C Estates has everything to conduct your business in one place. Using the most reliable blockchain technology, everyone can now have a reliable way to make fast, secure and efficient transactions!
Visit the website for more information.
TOKEN SALES INFORMATION βοΈ
Sale -50%
April 01, 2019
π₯IEO bonuses
The first 5000 participants worth 3 ETH and above - 40% bonus
The following 10,000 participants worth 3 ETH and above - 25% bonus
Subsequent members worth 3 ETH and above - 15% bonus
Token cost: $ 0.012
βοΈ Read the white paper
π· Facebook
π Twitter
π₯ Telegram
Β© Crunchbase
π LinkedIn
π¦ YouTube
π£ Bitcointalk
β±IEO START October 31, 2019
β±IEO END December 31, 2019
C Estates brings together people around the world to easily make transactions and conveniently buy/sell real estate. Regardless of whether you confirm the document, confirm notarization, confirm ownership of the asset, buy or sell real estate, or find someone who will manage the real estate, C Estates has everything to conduct your business in one place. Using the most reliable blockchain technology, everyone can now have a reliable way to make fast, secure and efficient transactions!
Visit the website for more information.
TOKEN SALES INFORMATION βοΈ
Sale -50%
April 01, 2019
π₯IEO bonuses
The first 5000 participants worth 3 ETH and above - 40% bonus
The following 10,000 participants worth 3 ETH and above - 25% bonus
Subsequent members worth 3 ETH and above - 15% bonus
Token cost: $ 0.012
βοΈ Read the white paper
π· Facebook
π Twitter
π₯ Telegram
Β© Crunchbase
π LinkedIn
π¦ YouTube
π£ Bitcointalk
Google Docs
C Estates Whitepaper.pdf
ββGrayscale cryptocurrency investment continues to grow
The director of sales and business development at Grayscale said that in the second quarter of 2019, the flow of investments in the cryptocurrency fund almost doubled.
Rayhaneh Sharif-Askary noted that in the second quarter of this year, the fund received $ 85 million of client funds, with 84% of this money coming from institutional investors.
Grayscale is one of the world's largest cryptocurrency asset managers. The fund provides several cryptocurrency trusts, which allows institutional clients to invest in digital assets, "as if they were traditional securities."
Sharif Askari has denied all myths that institutional investors keep aloof from cryptocurrencies:
βI am often asked about this. The media is constantly interested in when institutional investors begin to enter the industry when they begin to invest. It's funny because we see that institutional clients have been constantly investing with us for a long time. β
Sharif-Askari also noted that she was pleased to launch a trading platform for institutional investors Bakkt and hopes for the emergence of new companies in the industry:
βWe are a fairly small team and cannot be the only ones who train investors and provide access to this class of assets,β she said.
According to Sharif-Askari, in the second quarter of this year, institutional investors drew attention to altcoins - about a quarter of the investments were placed in altcoin trusts. Perhaps this signals that institutional investors have finally mastered the cryptocurrency industry.
In August this year, the investment company Grayscale Investments transferred its cryptocurrency assets worth $ 2.7 billion to the custody unit Coinbase.
The director of sales and business development at Grayscale said that in the second quarter of 2019, the flow of investments in the cryptocurrency fund almost doubled.
Rayhaneh Sharif-Askary noted that in the second quarter of this year, the fund received $ 85 million of client funds, with 84% of this money coming from institutional investors.
Grayscale is one of the world's largest cryptocurrency asset managers. The fund provides several cryptocurrency trusts, which allows institutional clients to invest in digital assets, "as if they were traditional securities."
Sharif Askari has denied all myths that institutional investors keep aloof from cryptocurrencies:
βI am often asked about this. The media is constantly interested in when institutional investors begin to enter the industry when they begin to invest. It's funny because we see that institutional clients have been constantly investing with us for a long time. β
Sharif-Askari also noted that she was pleased to launch a trading platform for institutional investors Bakkt and hopes for the emergence of new companies in the industry:
βWe are a fairly small team and cannot be the only ones who train investors and provide access to this class of assets,β she said.
According to Sharif-Askari, in the second quarter of this year, institutional investors drew attention to altcoins - about a quarter of the investments were placed in altcoin trusts. Perhaps this signals that institutional investors have finally mastered the cryptocurrency industry.
In August this year, the investment company Grayscale Investments transferred its cryptocurrency assets worth $ 2.7 billion to the custody unit Coinbase.
ββGenesis Capital's crypto loan business grew 38% in Q3, experts are worried
Crypto-entrepreneur Barry Silbert, Genesis Capital, a lending company, has unveiled a third-quarter financial report. According to the document, over the specified period, the turnover of its loan products amounted to $ 870 million, which exceeds the previous record of $ 746 million recorded in the second quarter.
Compared with the previous quarter, the volumes grew by 38.1%, and the total amount of transactions reached $ 3.1 billion. At the time of writing the report, $ 450 million were placed in active loans.
Significant popularity among customers of Genesis Capital continues to use loans in USD or its equivalent, the share of which increased to 31.2%. At the same time, loans in bitcoin fell from 62.5% to 50.2%.
βOur loan portfolio has retained its value by increasing the issuance of fiat (USD and stablecoins) loans, which compensated for the decrease in the nominal value of cryptocurrency loans,β the company writes.
Genesis began 2019 with $ 20 million in active fiat loans, registered a moderate increase to $ 40 million towards the end of the second quarter, and in the third quarter, the value grew 4 times, reaching a maximum of $ 160 million in mid-September.
Altcoins also experienced a limited climb in the Genesis portfolio. Ethereum's share, for example, rose to 7.5% from less than 4% last quarter.
Earlier, a group of former Wall Street traders expressed concerns that the $ 5 billion crypto lending industry is growing too fast and could burst. They argue that cryptocurrency lending shares common problems with the traditional one: free standards, too much capital of lenders are looking for their borrowers, as well as increased risk appetite.
βI am not concerned about the spread, or even the regulatory uncertainty, of the credit risks. This is a torpedo that moves below water level and could lead to an event of the type MF Global or Lehman Brothers, βsaid former trader DRW Holdings LLC and Goldman Sachs Group Inc., and now Jason Urban, CEO of DrawBridge Lending.
The founder of the Celsius Network crypto-credit platform Alex Mashinsky, however, argues that loans are provided almost exclusively to large customers who adhere to strict compliance and risk management policies, while the real danger is high-leverage derivatives sold by inexperienced retail investors.
Crypto-entrepreneur Barry Silbert, Genesis Capital, a lending company, has unveiled a third-quarter financial report. According to the document, over the specified period, the turnover of its loan products amounted to $ 870 million, which exceeds the previous record of $ 746 million recorded in the second quarter.
Compared with the previous quarter, the volumes grew by 38.1%, and the total amount of transactions reached $ 3.1 billion. At the time of writing the report, $ 450 million were placed in active loans.
Significant popularity among customers of Genesis Capital continues to use loans in USD or its equivalent, the share of which increased to 31.2%. At the same time, loans in bitcoin fell from 62.5% to 50.2%.
βOur loan portfolio has retained its value by increasing the issuance of fiat (USD and stablecoins) loans, which compensated for the decrease in the nominal value of cryptocurrency loans,β the company writes.
Genesis began 2019 with $ 20 million in active fiat loans, registered a moderate increase to $ 40 million towards the end of the second quarter, and in the third quarter, the value grew 4 times, reaching a maximum of $ 160 million in mid-September.
Altcoins also experienced a limited climb in the Genesis portfolio. Ethereum's share, for example, rose to 7.5% from less than 4% last quarter.
Earlier, a group of former Wall Street traders expressed concerns that the $ 5 billion crypto lending industry is growing too fast and could burst. They argue that cryptocurrency lending shares common problems with the traditional one: free standards, too much capital of lenders are looking for their borrowers, as well as increased risk appetite.
βI am not concerned about the spread, or even the regulatory uncertainty, of the credit risks. This is a torpedo that moves below water level and could lead to an event of the type MF Global or Lehman Brothers, βsaid former trader DRW Holdings LLC and Goldman Sachs Group Inc., and now Jason Urban, CEO of DrawBridge Lending.
The founder of the Celsius Network crypto-credit platform Alex Mashinsky, however, argues that loans are provided almost exclusively to large customers who adhere to strict compliance and risk management policies, while the real danger is high-leverage derivatives sold by inexperienced retail investors.
China: digital renminbi will provide users with anonymity
The upcoming digital yuan will provide users with the necessary anonymity in transactions. This was stated by Mu Changchun, head of the Digital Currency Research Institute at the People's Bank of China (PBoC) at a conference in Singapore on Tuesday, The Block reports.
Halyk Bank will maintain a balance between controlled privacy and the fight against money laundering, terrorist financing, as well as tax issues, online gambling, and any virtual criminal activity. The Central Bank will not fully control the information of people and will provide them with the necessary anonymity in its operations.
βWe are aware that modern society is oriented toward anonymity, and we will provide such people with appropriate privacy in transactions,β Changchun emphasized. βWe do not strive for complete control over the information of the general public.β
Earlier this week, Mu said that Chinese digital yuan holders will not receive interest on payments, and therefore, the introduction of such a currency will not have negative consequences for inflation or the country's monetary policy.
The official also emphasized that the goal of digital currency is to create a new financial system in case of problems with the existing economic infrastructure of China, where two players - WeChat and Alipay - dominate electronic payments.
Also, he noted that the design of the digital renminbi will be similar to Facebookβs stable Libra, and the crypto-yuan can be used on WeChat and Alipay payment platforms.
The upcoming digital yuan will provide users with the necessary anonymity in transactions. This was stated by Mu Changchun, head of the Digital Currency Research Institute at the People's Bank of China (PBoC) at a conference in Singapore on Tuesday, The Block reports.
Halyk Bank will maintain a balance between controlled privacy and the fight against money laundering, terrorist financing, as well as tax issues, online gambling, and any virtual criminal activity. The Central Bank will not fully control the information of people and will provide them with the necessary anonymity in its operations.
βWe are aware that modern society is oriented toward anonymity, and we will provide such people with appropriate privacy in transactions,β Changchun emphasized. βWe do not strive for complete control over the information of the general public.β
Earlier this week, Mu said that Chinese digital yuan holders will not receive interest on payments, and therefore, the introduction of such a currency will not have negative consequences for inflation or the country's monetary policy.
The official also emphasized that the goal of digital currency is to create a new financial system in case of problems with the existing economic infrastructure of China, where two players - WeChat and Alipay - dominate electronic payments.
Also, he noted that the design of the digital renminbi will be similar to Facebookβs stable Libra, and the crypto-yuan can be used on WeChat and Alipay payment platforms.
ICO projects are alive and they have good news:
βͺοΈ The developers of the Brave blockchain browser introduced the first official version of their product, before that they had to use beta. Supported on Windows, macOS, Linux, Android, and iOS π¦
βͺοΈ The blockchain platform for online games and social networks Loom Network has published a roadmap for 2020 and announced plans to add support for decentralized financial applications (DeFi).
βͺοΈ Australian startup Power Ledger, which creates a decentralized electricity market, concluded partnership with a local energy company β‘οΈ
βͺοΈ The developers of the Brave blockchain browser introduced the first official version of their product, before that they had to use beta. Supported on Windows, macOS, Linux, Android, and iOS π¦
βͺοΈ The blockchain platform for online games and social networks Loom Network has published a roadmap for 2020 and announced plans to add support for decentralized financial applications (DeFi).
βͺοΈ Australian startup Power Ledger, which creates a decentralized electricity market, concluded partnership with a local energy company β‘οΈ
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Brave releases 1.0 of new privacy-focused browser and private ad network
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