⠀⠀⠀⠀ ⠀ 🔥🅝🅔🅦 🅟🅡🅞🅙🅔🅒🅣🔥

⠀⠀⠀⠀⠀⠀⠀ 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.

ℹ️ Token-Information:

Token Name: KRT
Token Type: ERC20 - Ethereum
Soft Cap: 500,000 USD
Hard Cap: 2,500,000 USD

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​​The 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 – Paycent is really giving away $1 000 000 in amazing prizes.
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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 € 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.

​​Paxos 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 Brink’s. 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 “digital gold”.

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

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:

▪️ In some countries, users of the desktop version of the browser may receive BAT for viewing ads.

▪️ BAT can be displayed and stored on Ledger and Trezor wallets.

▪️ The Brave Rewards platform was launched for BAT donors to content authors, even Wikipedia accepts them.

▪️ Brave outperformed Firefox, Opera, and Chrome among Japanese Google Play users.

What do you think about BAT?

🛰 The European Space Agency will support the development of a blockchain-based satellite project

Blockchain startup SpaceChain won a grant of € 60,000 from the European Space Agency (ESA) to explore options for using the blockchain-based satellite wallet system.

ESA grant contributes to SpaceChain’s 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.

“We don’t need access to the Internet to complete this kind of transaction, which eliminates many potential risks for hacking,” said Zheng.

“We 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. ”

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.

“We want to use this opportunity to demonstrate how space and blockchain can interact,” 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.

​​Extreme 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.

Chartoken Round 2 （Char）

Reward: 1,000 （$ 30）
Rating: 5/5
Note: the total bet is 5 billion.
The token will be distributed in October.

Bot Airdrop Link

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Send your ETH wallet and get 1,000 Char tokens🤑

ℹ️ 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.

🏘 ”C Estates” - real estate project, the launch of own IEO at Latoken

⏱IEO START October 31, 2019
⏱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!

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TOKEN SALES INFORMATION ⭐️

Sale -50%
April 01, 2019

🔥IEO bonuses

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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

❗️ Read the white paper

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​​Grayscale 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:

“I 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. ”

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:

“We are a fairly small team and cannot be the only ones who train investors and provide access to this class of assets,” 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.

​​Genesis 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%.

“Our 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,” 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.

“I 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, ”said 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.

“We are aware that modern society is oriented toward anonymity, and we will provide such people with appropriate privacy in transactions,” Changchun emphasized. “We do not strive for complete control over the information of the general public.”

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 Facebook’s stable Libra, and the crypto-yuan can be used on WeChat and Alipay payment platforms.

ICO projects are alive and they have good news:

▪️ 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 🦇

▪️ 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).

▪️ Australian startup Power Ledger, which creates a decentralized electricity market, concluded partnership with a local energy company ⚡️

Before "black friday", "red monday" comes 😱

Top 5 main events of the past week

Bitcoin

The leading cryptocurrency at the beginning of the outgoing week again fell below $ 7000, fixing a minimum at around $ 6635, however, it was able to quickly recover and even get close to the psychological level of $ 8000. By the weekend, the weighted average cost of BTC is $ 7,800.

Hacks, intrigues, investigations

On Wednesday, the cryptocurrency exchange Upbit was hacked. About $ 50 million on air was stolen. Representatives of the South Korean platform officially confirmed the hack.

This hack was the eighth and largest in 2019.

And on Friday it became known that the CEO of the IDAX cryptocurrency exchange escaped with user bitcoins. Representatives of the platform admitted that their director disappeared along with access to cold wallets, where all the funds of traders were stored.

Passion around TON

Pavel Durov and two other Telegram representatives have been summoned to court to testify in the TON vs SEC case. All of them will appear in court on different dates in December in London.

Also this week, Telegram once again warned users against buying Gram from third-party sellers, noting that no one currently has coins, even early investors (they only have obligations to receive tokens after entering the market).

Progressive Bakkt

Two months after the debut of Bakkt, the volume of transactions on the platform reached a record level of 5670 contracts ($ 42 million) - this is almost 70% more than the previous maximum.

It’s also become known today that Bakkt CEO Kelly Loeffler will replace Republican Senator Johnny Isaacson from Georgia, who will vacate the chair at the end of the year amid health problems.

Contrast Germany

Germany permits

The German parliament adopted a draft law that officially allows banks in the country to carry out operations with cryptocurrencies and store them in their accounts.

The German Banking Association (BbD) is delighted with this venture. They say that now the country will become a "real paradise" for crypto enthusiasts. The industry will become as transparent as possible, and investors will be able to invest safely in digital assets.

🤔 Bitcoin price at the level of mining cost?

A “shelf” formed on the BTC hash chart from September to November, similar to the period from August to November 2018, when the bitcoin rate was slightly above $ 6,000. But after the market went even lower, the miners had to start turning off the equipment.

Complete nodes make bitcoin more centralizable

200 gigabytes. On many personal laptops, this is the maximum amount of memory. Approximately so much space and requires the Bitcoin blockchain.

The requirements for a large amount of memory are a long-standing community problem in the task of decentralization of bitcoin. The developers of Bitcoin Core, one of the most popular bitcoin storage software, are trying to make complete sites more accessible and simple for a wide audience, despite the enormous cost of data. Thus, bitcoin would become more resistant to centralization.

Installing a complete Bitcoin node with such a quantity of required data currently takes several days. This problem underlies many years of discussion. Increasing transaction throughput by increasing the block size could ease the cost of transactions on the network, but in turn would prevent a large number of users from starting and using the Bitcoin Core infrastructure.

And even when the block size is stable, centralized pressure remains. The main reason is the lack of full nodes, the creation of which requires too much time and memory.

The developers claim that launching a full node is the best way to use bitcoin (some are even sure that without it, users simply waste time, especially when checking transactions). When using full nodes, participants fully benefit from the benefits of the network, including protection from censorship and the negative influence of third parties.

“It is very important to use full nodes. They are the main, or at least significant reason to use bitcoin, ”the developers emphasize.“ If we refuse them, we will lose the most interesting of the features of bitcoin. ”

The developers of the project are sure that it is necessary to give people the opportunity to freely run full nodes.

Of course, it can be argued that about 15,000 previous updates in the Bitcoin network were precisely aimed at solving this problem - to make the network faster and more efficient.

But Bitcoin Core primarily focuses on the user interface, offering more creative ways to facilitate the launch of full nodes.

It is undesirable that the full nodes are tied to the place where they were installed. For example, on the user's home or office computer.

The ability to download multiple individual wallets when starting the software will help realize the mobility of full nodes.

Ethereum fell below the start of 2019

Ethereum fell below $ 130, having fallen in price over the past 24 hours by more than 8% - it was from this mark that the coin started such a promising 2019th.

At the same time, bitcoin retains 83% of annual growth on the eve of 2020.

The main loser of the Top 10 largest altcoin by capitalization remains Ripple, whose value has fallen by half compared with the first half of January of the outgoing year.

The total market value of cryptocurrencies also fell to April, when the BTC rate impulsively began to grow with the ultimate goal of $ 13,800 in July.

Cryptocurrency market liquidity report from The Block analyst Larry Chermak:

▪️ BTC is 5 times more liquid than ETH, and 10 and more times more liquid than any of the top altcoins.

▪️ Liquidity of 95% of existing cryptocurrencies tends to zero 😱

Will there be a massive scam of illiquid coins?

​​Hacked NULLS wallet

Another hack at the very end of 2019 - this time the wallet of the NULLS blockchain project was hacked - about $ 500,000 was withdrawn in the platform's tokens.

The developers decided to carry out an unplanned hard fork at block 87 800 and freeze the stolen 1,451,645 NULS.

The reason for the hacking has already been identified and eliminated - a vulnerability was found in version 2.2 of the wallet. As Nulls representatives emphasized, they have already contacted cryptocurrency exchanges where the token is supported, and the latter agreed to cooperate with the project to track and further block the stolen funds.

At the moment, the team is urgently preparing for a hard fork and urges users to update their nodes to avoid possible problems.

This hack was the eighth in 2019 - the VeChain wallet was previously compromised.