Coinbase adds new coins to the platform
Coinbase has built its reputation as the go-to exchange for buying and selling cryptocurrencies. However, those who intend to use Coinbase must ensure their choice of coins is included in the short list of coins currently served by the platform.
As acknowledged by many crypto-enthusiasts, Coinbase's list of cryptocurrencies is very short, as in only four coins included, which are Bitcoin, Litecoin, Ethereum, and Bitcoin Cash.
Addressing this fact, Coinbase's CTO said in a TechCrunch session in Zug, Switzerland that the company is actively looking at adding support for more cryptocurrencies.
Earlier in June, the company announced their plan to expand their list by adding Ethereum Classic (ETC) as their new cryptocurrency 'in the coming months'. This has led to a spike on ETC's price, as reported earlier.
"More is coming. Look for a lot of announcements in the months to come," the CTO said without clarifying which cryptocurrencies he referred to.
Furthermore, Srinivasan said that Coinbase's general strategy in adding new cryptocurrencies to its platform is to maintain good relationships with banks, governments and those in the crypto and blockchain spaces. Thus, the company needs to ensure that there are initial notable growth and adoption.
“We’ll never be the earliest adopter, but we will be early adopters,” he added.
Lastly, the CTO also stated his stance on the blockchain technology, saying that it is 10 times better than gold, international wire transfer and crowdfunding, and 10 times better for the incorporation of a company and more.
Coinbase has built its reputation as the go-to exchange for buying and selling cryptocurrencies. However, those who intend to use Coinbase must ensure their choice of coins is included in the short list of coins currently served by the platform.
As acknowledged by many crypto-enthusiasts, Coinbase's list of cryptocurrencies is very short, as in only four coins included, which are Bitcoin, Litecoin, Ethereum, and Bitcoin Cash.
Addressing this fact, Coinbase's CTO said in a TechCrunch session in Zug, Switzerland that the company is actively looking at adding support for more cryptocurrencies.
Earlier in June, the company announced their plan to expand their list by adding Ethereum Classic (ETC) as their new cryptocurrency 'in the coming months'. This has led to a spike on ETC's price, as reported earlier.
"More is coming. Look for a lot of announcements in the months to come," the CTO said without clarifying which cryptocurrencies he referred to.
Furthermore, Srinivasan said that Coinbase's general strategy in adding new cryptocurrencies to its platform is to maintain good relationships with banks, governments and those in the crypto and blockchain spaces. Thus, the company needs to ensure that there are initial notable growth and adoption.
“We’ll never be the earliest adopter, but we will be early adopters,” he added.
Lastly, the CTO also stated his stance on the blockchain technology, saying that it is 10 times better than gold, international wire transfer and crowdfunding, and 10 times better for the incorporation of a company and more.
Ethereum creator Vitalik Buterin wants centralized exchanges to “Burn in Hell”
Vitalik Buterin, the creator of the Ethereum project, spoke to the current crypto state of affairs during an interview with Jon Evans at TechCrunch Sessions: Blockchain.
Buterin, who pioneered the second generation of blockchain tech when he was only 19 years old, believes that while the crypto community is working towards fully viable decentralized systems, the current technological and governance limitations have kept many centralized elements in place.
According to Buterin, no element is more egregious right now than centralized cryptocurrency exchanges, as these groups commonly charge enormous listing fees that can cost more than $15 million (far more than the annual listing fee charged by Nasdaq).
While Buterin’s opinion of these exchanges is clear, he acknowledged the difficulties in moving away from their centralized structure. Properly managing user authentication is a major challenge that actively works against the mainstream adoption of decentralized models.
Additionally, he believes that centralized exchanges exist as the only interface between the fiat and cryptocurrency worlds, as the current fiat infrastructure does not support decentralized gateways. Buterin went on to emphasize the potential upside of crypto-to-crypto exchanges that allow investors to directly swap their tokens by simply connecting their wallets.
Buterin also touched on the decentralization efforts of the Ethereum Foundation, stating that it’s always a balancing act between what he wants and what the community might want. However, he recognizes that certain regulatory obligations do require an element of centralization and believes technologies like Plasma chains could provide a viable compromise.
Vitalik Buterin, the creator of the Ethereum project, spoke to the current crypto state of affairs during an interview with Jon Evans at TechCrunch Sessions: Blockchain.
Buterin, who pioneered the second generation of blockchain tech when he was only 19 years old, believes that while the crypto community is working towards fully viable decentralized systems, the current technological and governance limitations have kept many centralized elements in place.
According to Buterin, no element is more egregious right now than centralized cryptocurrency exchanges, as these groups commonly charge enormous listing fees that can cost more than $15 million (far more than the annual listing fee charged by Nasdaq).
While Buterin’s opinion of these exchanges is clear, he acknowledged the difficulties in moving away from their centralized structure. Properly managing user authentication is a major challenge that actively works against the mainstream adoption of decentralized models.
Additionally, he believes that centralized exchanges exist as the only interface between the fiat and cryptocurrency worlds, as the current fiat infrastructure does not support decentralized gateways. Buterin went on to emphasize the potential upside of crypto-to-crypto exchanges that allow investors to directly swap their tokens by simply connecting their wallets.
Buterin also touched on the decentralization efforts of the Ethereum Foundation, stating that it’s always a balancing act between what he wants and what the community might want. However, he recognizes that certain regulatory obligations do require an element of centralization and believes technologies like Plasma chains could provide a viable compromise.
Want to monetize your personal data you are producing every day anyway? How about selling it on the Opiria-Platform to companies worldwide and receive PDATA tokens in return that you can cash out for real money?
Why?
Because companies worldwide desperately need your personal data to understand your needs and requirements and to design better products and services that fuel desire. This is why personal data is the oil of the 21st century and a 250 billion USD/year industry. Today your personal data is being stolen from you by intermediaries and sold for big money to companies worldwide - and you get nothing in return.
We set out to change that. With Opiria-Platform & PDATA Token we make you and your data count! You own and control your personal data and Opiria-Platform enables you to exchange it with companies for PDATA tokens. You can sell your personal data such as your opinion about topics of interest, your feedback on how you use and like products and services, data about how you browse the internet, data from wearables and smart devices, smartphone usage, what you buy online and more … in return you receive PDATA Tokens that you can cash out for real money.
Who we are?
Opiria was founded in 2015 and has its headquarters in Ingolstadt, Germany, having an experienced team of developers and data analysts. Opiria is a strong partner for many Fortune500 companies worldwide including Mercedes-Benz, Audi, Volkswagen, GM and BMW. Our vision is to directly connect consumers and companies worldwide and to become the world´s largest decentralized personal data marketplace.
Links:
Website: https://opiria.io/
Medium: https://medium.com/pdata-token
Twitter: https://twitter.com/PDATA_Token
Facebook: https://www.facebook.com/pdatatoken/
Youtube: https://www.youtube.com/channel/UCHlYIEsxIhTVwVCxxr_JTXw
ANN Thread: https://bitcointalk.org/index.php?topic=3076122.new#new
Reddit: https://www.reddit.com/r/PDATA/
Why?
Because companies worldwide desperately need your personal data to understand your needs and requirements and to design better products and services that fuel desire. This is why personal data is the oil of the 21st century and a 250 billion USD/year industry. Today your personal data is being stolen from you by intermediaries and sold for big money to companies worldwide - and you get nothing in return.
We set out to change that. With Opiria-Platform & PDATA Token we make you and your data count! You own and control your personal data and Opiria-Platform enables you to exchange it with companies for PDATA tokens. You can sell your personal data such as your opinion about topics of interest, your feedback on how you use and like products and services, data about how you browse the internet, data from wearables and smart devices, smartphone usage, what you buy online and more … in return you receive PDATA Tokens that you can cash out for real money.
Who we are?
Opiria was founded in 2015 and has its headquarters in Ingolstadt, Germany, having an experienced team of developers and data analysts. Opiria is a strong partner for many Fortune500 companies worldwide including Mercedes-Benz, Audi, Volkswagen, GM and BMW. Our vision is to directly connect consumers and companies worldwide and to become the world´s largest decentralized personal data marketplace.
Links:
Website: https://opiria.io/
Medium: https://medium.com/pdata-token
Twitter: https://twitter.com/PDATA_Token
Facebook: https://www.facebook.com/pdatatoken/
Youtube: https://www.youtube.com/channel/UCHlYIEsxIhTVwVCxxr_JTXw
ANN Thread: https://bitcointalk.org/index.php?topic=3076122.new#new
Reddit: https://www.reddit.com/r/PDATA/
Binance targets one billion profit in 2018
In a recent interview with Bloomberg, Binance CEO, Changpeng Zhao discussed the rate at which his company was growing and discussed some of the figures being produced. The growing user base which is now over 10 million users results in daily turnover averaging at about $1.5 billion, and Zhao expects net profits to be between $500 million and $1 billion in 2018 alone… Not bad for an exchange in it’s first year of operations.
Since launching, Binance has featured frequently as the top cryptocurrency exchange by volume, back in December at the peak of the cryptocurrency bull run, Binance had as much as $11 billion in daily trading volume. Binance has a global rank of 569 on Alexa which is quite incredible given Changpeng Zhao lauched Binance around a year ago at the time of writing.
Binance has a number of big developments coming up and it looks as though Binance will play a huge part in the uprising of cryptocurrencies.
In a recent interview with Bloomberg, Binance CEO, Changpeng Zhao discussed the rate at which his company was growing and discussed some of the figures being produced. The growing user base which is now over 10 million users results in daily turnover averaging at about $1.5 billion, and Zhao expects net profits to be between $500 million and $1 billion in 2018 alone… Not bad for an exchange in it’s first year of operations.
Since launching, Binance has featured frequently as the top cryptocurrency exchange by volume, back in December at the peak of the cryptocurrency bull run, Binance had as much as $11 billion in daily trading volume. Binance has a global rank of 569 on Alexa which is quite incredible given Changpeng Zhao lauched Binance around a year ago at the time of writing.
Binance has a number of big developments coming up and it looks as though Binance will play a huge part in the uprising of cryptocurrencies.
Stellar partnership with IBM backed by Australian Gov
Open-source, distributed payments infrastructure Stellar (XLM) is aiming to surpass 3rd largest coin as it teams up with Keybase to improve cross-border transactions. Stellar has revealed that it is working with Keybase, a free security app for mobile phones and computers, to boost cross-border transactions. This is something that Ripple offers through its RippleNet blockchain platform that has over 100 member banks and financial institutions.
However, unlike Ripple, which is a for-profit enterprise, Stellar functions as a nonprofit organization. Not only that, but while Ripple is considered to operate in a centralized fashion Stellar has taken a more decentralized approach.
Its list of partners is rich as no other. One of Stellar’s strategic team-up, IBM has been awarded a contract by the Aussie government worth $750 mil. This is a move meant to transform Australia to an e-government using the blockchain technology.
If everything goes by plan, it will rank the nation as one of the leading e-governments to implement blockchain. Accordingly, quantum computing and AI will be set to high priority too.
On top of the cake, the Aussie gov plans to use Stellar’s block-tech to deliver social security welfare while being supported by IBM. Without doubt, all the above will raise the token demand and increase the price many times. So keep an eye open for Stellar Lumens XLM as its success is looking very solid.
Open-source, distributed payments infrastructure Stellar (XLM) is aiming to surpass 3rd largest coin as it teams up with Keybase to improve cross-border transactions. Stellar has revealed that it is working with Keybase, a free security app for mobile phones and computers, to boost cross-border transactions. This is something that Ripple offers through its RippleNet blockchain platform that has over 100 member banks and financial institutions.
However, unlike Ripple, which is a for-profit enterprise, Stellar functions as a nonprofit organization. Not only that, but while Ripple is considered to operate in a centralized fashion Stellar has taken a more decentralized approach.
Its list of partners is rich as no other. One of Stellar’s strategic team-up, IBM has been awarded a contract by the Aussie government worth $750 mil. This is a move meant to transform Australia to an e-government using the blockchain technology.
If everything goes by plan, it will rank the nation as one of the leading e-governments to implement blockchain. Accordingly, quantum computing and AI will be set to high priority too.
On top of the cake, the Aussie gov plans to use Stellar’s block-tech to deliver social security welfare while being supported by IBM. Without doubt, all the above will raise the token demand and increase the price many times. So keep an eye open for Stellar Lumens XLM as its success is looking very solid.
🚀 OEL Foundation
The supply chain industry generates over 13% of global GDP and is the lifeblood of the global economy. Innovations in this industry drive savings to every business and consumer on the planet.
Trillions of dollars are spent every year transporting everything from raw materials to finished goods, and every year billions in value is lost due to delays and disputes, driving up transport costs and slowing the cash flow cycle. The largest brands in the world lose 1% of revenue they can never invoice without proof of delivery to retailers, and transporters wait weeks to be paid.
The industry is ready to move to a blockchain-based platform that provides real transparency and proof of activity. This will allow every participant to invoice and be paid faster, grow their business, improve service and lower costs.
The Open Enterprise Logistics (OEL) Foundation and Alliance has been established to provide a standard Enterprise Architecture for all supply participants to build logistics dApps and blockchain-enable their technology.
Early adopters have already achieved real-world success, with Alliance member OpenPort becoming the first in the world to sell a blockchain-powered transport invoice on the AssetChain marketplace. https://bit.ly/2GqoBHD
OEL Alliance members are acting now to remove the paper trail, create trust and liquidity, and bypass intermediaries.
Members – from the largest shippers to the smallest transporters – will use the OPN (“open”) token to fuel the ecosystem behind one of the largest industries in the world. The TGE for OPN is a chance be part of an enterprise project that will change how goods and payments flow through the supply chain.
Website: https://oel.foundation/
Telegram: https://t.me/OELFoundation
ANN thread: https://bit.ly/2l986r8
The supply chain industry generates over 13% of global GDP and is the lifeblood of the global economy. Innovations in this industry drive savings to every business and consumer on the planet.
Trillions of dollars are spent every year transporting everything from raw materials to finished goods, and every year billions in value is lost due to delays and disputes, driving up transport costs and slowing the cash flow cycle. The largest brands in the world lose 1% of revenue they can never invoice without proof of delivery to retailers, and transporters wait weeks to be paid.
The industry is ready to move to a blockchain-based platform that provides real transparency and proof of activity. This will allow every participant to invoice and be paid faster, grow their business, improve service and lower costs.
The Open Enterprise Logistics (OEL) Foundation and Alliance has been established to provide a standard Enterprise Architecture for all supply participants to build logistics dApps and blockchain-enable their technology.
Early adopters have already achieved real-world success, with Alliance member OpenPort becoming the first in the world to sell a blockchain-powered transport invoice on the AssetChain marketplace. https://bit.ly/2GqoBHD
OEL Alliance members are acting now to remove the paper trail, create trust and liquidity, and bypass intermediaries.
Members – from the largest shippers to the smallest transporters – will use the OPN (“open”) token to fuel the ecosystem behind one of the largest industries in the world. The TGE for OPN is a chance be part of an enterprise project that will change how goods and payments flow through the supply chain.
Website: https://oel.foundation/
Telegram: https://t.me/OELFoundation
ANN thread: https://bit.ly/2l986r8
Medium
Acudeen Facilitates the First Blockchain-Enabled Invoice Factoring Transaction in the Philippines with OpenPort
Following last week’s exciting news of a partnership between Acudeen Technologies and OpenPort, The Acudeen Team is proud to announce that…
Why Bitcoin ATMs are the next big thing
Now the investors, as well as traders, don’t need to follow intense procedures of the cryptocurrency exchanges in order to buy Bitcoins. Bitcoin ATMs are here, for our rescue. Buying the future cryptocurrency has been made very simple and fast due to the Bitcoin ATMs that are installed in a number of countries around the world. The user needs to follow 6-7 steps in order to purchase Bitcoins.
One must not get confused with traditional ATMs which are connected to the banks. These Bitcoin ATMs are connected to the Blockchain Network and just adds or removes the number of Bitcoins at a public address in the network. Bidirectional ATMs are also available which provide the interconversion between Fiat currency the Bitcoin.
Money Transfer
The ease of use of access has been increased by the Bitcoin ATMs. This would surely help people to consider it as a currency. They can even be used for money transfer through the world. At one end of the world, a person can send convert the cash into Bitcoins and send those Bitcoins to the receivers wallet. The receiver then can similarly go to any Bitcoin ATM and convert his Bitcoins into cash. This hassle-free process has lesser transaction fees when compared to the heavy transaction duties levied upon by companies like MoneyGram or Western Union Money Transfer.
According to statistics for 2017, there are almost more than 800 Bitcoin ATMs in the United States alone. The merchants that provide space for the Bitcoin ATMs earn about $300 on an average per month. The only drawback in the Bitcoin ATMs is the high transaction fees of 16% when compared to the traditional fees of 7.5 %.
Privacy and anonymity
Genesis Coin along with General Bytes are some of the leading Bitcoin ATM manufacturers around the world. Bitcoin ATMs are preferred over LocalBitcoins because they provide higher anonymity to the users as they don’t have to meet someone and interacts only with a machine. They even provide privacy to the users as they do not have to deal with huge cryptocurrency exchanges for their conversions. Any problems that arise due to the technical faults of the ATM can be reported to the respective ATM providers in order to reimburse the loss. Hence it is highly secure.
Bitcoin ATMs are available only during the business hours unlike the cryptocurrency exchanges which are available 24/7. However, they are still preferred because almost 40% of the world population doesn’t own a bank.
Now the investors, as well as traders, don’t need to follow intense procedures of the cryptocurrency exchanges in order to buy Bitcoins. Bitcoin ATMs are here, for our rescue. Buying the future cryptocurrency has been made very simple and fast due to the Bitcoin ATMs that are installed in a number of countries around the world. The user needs to follow 6-7 steps in order to purchase Bitcoins.
One must not get confused with traditional ATMs which are connected to the banks. These Bitcoin ATMs are connected to the Blockchain Network and just adds or removes the number of Bitcoins at a public address in the network. Bidirectional ATMs are also available which provide the interconversion between Fiat currency the Bitcoin.
Money Transfer
The ease of use of access has been increased by the Bitcoin ATMs. This would surely help people to consider it as a currency. They can even be used for money transfer through the world. At one end of the world, a person can send convert the cash into Bitcoins and send those Bitcoins to the receivers wallet. The receiver then can similarly go to any Bitcoin ATM and convert his Bitcoins into cash. This hassle-free process has lesser transaction fees when compared to the heavy transaction duties levied upon by companies like MoneyGram or Western Union Money Transfer.
According to statistics for 2017, there are almost more than 800 Bitcoin ATMs in the United States alone. The merchants that provide space for the Bitcoin ATMs earn about $300 on an average per month. The only drawback in the Bitcoin ATMs is the high transaction fees of 16% when compared to the traditional fees of 7.5 %.
Privacy and anonymity
Genesis Coin along with General Bytes are some of the leading Bitcoin ATM manufacturers around the world. Bitcoin ATMs are preferred over LocalBitcoins because they provide higher anonymity to the users as they don’t have to meet someone and interacts only with a machine. They even provide privacy to the users as they do not have to deal with huge cryptocurrency exchanges for their conversions. Any problems that arise due to the technical faults of the ATM can be reported to the respective ATM providers in order to reimburse the loss. Hence it is highly secure.
Bitcoin ATMs are available only during the business hours unlike the cryptocurrency exchanges which are available 24/7. However, they are still preferred because almost 40% of the world population doesn’t own a bank.
First Blockchain advert shown on prime time TV during the World Cup
The air is thick with anticipation as England meets Sweden in the quarter finals just as America is about to wake up at 3PM London time.
The queen will not be there, nor any prince, in protest of the salisbury attack, making it potentially, quite unintentionally, a symbolic presentation that decentralization has reached the world cup stage for no central figure will stand. Nor does symbolism end there. There would be layers upon layers if Brexit England does progress to the semi-finals, then to the finals, and then perhaps even wins, in Russia.
Trafalgar square would be flooded like in no time within memory. Trump would be in England too. The Brits, and their derived Americans, united as one. The streets are almost empty. A country on edge. Can England really win again? Can they for once be proud. Would that be a catalyst for optimism? May it so cleanly close a difficult chapter of two decades of war to greet what now looks like general peace on earth? All that does not depend on this one match. It will decide little, but it may help for an England v France final, if it goes so, the new Britain v the old Europe, would be a mirror of our times.
Some 3 billion people are expected to watch the world cup. Effectively the entire world. The game that is played everywhere, and at all times even in the trenches, is to reach its pinnacle on July 15th.
And for the first time ever, the blockchain will be there, presented to the world in adverts that will run at all times on ITV and Eurosport during the world cup games, including the final. And what the world will see, is the imagined future. A birthday girl in her home goes through virtual dresses and tries them on. She likes one very much, so her mother pays for it through a face scan.
The family leaves to collect the birthday cake, and suddenly the home comes to life. The fridge starts talking, making the family dog wof wof. The shower too, then a gas meter, with a ping like noise showing payments for energy and so on, automatically made through the blockchain.
It’s the internet of things, and Hyundai’s Hdac is dreaming all of it. They raised more than $250 million in an ICO, and their private blockchain project targets the IoT market. The full advert is barely 30 seconds, although there is a longer 70 second version. They mention the blockchain once, but that is really in the background with prominence given to machines that can act, or as they say in marketing to features and benefits rather than the what.
It is, of course, a completely professional advert and the first of its kind. Many more may follow, as the second stage of blockchain adoption continues.
The air is thick with anticipation as England meets Sweden in the quarter finals just as America is about to wake up at 3PM London time.
The queen will not be there, nor any prince, in protest of the salisbury attack, making it potentially, quite unintentionally, a symbolic presentation that decentralization has reached the world cup stage for no central figure will stand. Nor does symbolism end there. There would be layers upon layers if Brexit England does progress to the semi-finals, then to the finals, and then perhaps even wins, in Russia.
Trafalgar square would be flooded like in no time within memory. Trump would be in England too. The Brits, and their derived Americans, united as one. The streets are almost empty. A country on edge. Can England really win again? Can they for once be proud. Would that be a catalyst for optimism? May it so cleanly close a difficult chapter of two decades of war to greet what now looks like general peace on earth? All that does not depend on this one match. It will decide little, but it may help for an England v France final, if it goes so, the new Britain v the old Europe, would be a mirror of our times.
Some 3 billion people are expected to watch the world cup. Effectively the entire world. The game that is played everywhere, and at all times even in the trenches, is to reach its pinnacle on July 15th.
And for the first time ever, the blockchain will be there, presented to the world in adverts that will run at all times on ITV and Eurosport during the world cup games, including the final. And what the world will see, is the imagined future. A birthday girl in her home goes through virtual dresses and tries them on. She likes one very much, so her mother pays for it through a face scan.
The family leaves to collect the birthday cake, and suddenly the home comes to life. The fridge starts talking, making the family dog wof wof. The shower too, then a gas meter, with a ping like noise showing payments for energy and so on, automatically made through the blockchain.
It’s the internet of things, and Hyundai’s Hdac is dreaming all of it. They raised more than $250 million in an ICO, and their private blockchain project targets the IoT market. The full advert is barely 30 seconds, although there is a longer 70 second version. They mention the blockchain once, but that is really in the background with prominence given to machines that can act, or as they say in marketing to features and benefits rather than the what.
It is, of course, a completely professional advert and the first of its kind. Many more may follow, as the second stage of blockchain adoption continues.
Miners in China continue to suffer from floods
In Sichuan Province, where more than 70% of China's mining capacity is located in recent weeks, heavy rains have hit thousands of people and caused heavy economic losses.
The Economic Daily News report says that a natural disaster has reduced the overall level of a hash on global cryptology by about thirty percent, although this has been disputed by other sources. According to the National Meteorological Center, from last Thursday to Sunday in areas of Hubei, Sichuan and Jiangsu Province there were heavy rains that flooded many industries.
Last week, the storms hit 48 cities and affected more than 250,000 people, and the economic losses from natural disasters are estimated at 733 million yuan (111 million US dollars). Also in local media all the time reports of deaths and loss of people.
The National Meteorological Center warned local authorities to ban outdoor activities and take precautionary measures against showers, sudden floods and landslides.
According to some statistics, more than seventy percent of the total number of used mining devices are in China.
Golden Finance also notes that the recent decline in the global hash of processing crypto-currency networks is probably due to natural disasters in China. The newspaper estimated that the power of the entire network has significantly decreased in recent weeks, which coincides with the floods in Sichuan Province. In fact, due to the heterogeneity of mining, it is difficult to reliably calculate the hashtet of the bitcoin network for a certain period of time and compare it with natural disasters in China.
In Sichuan Province, where more than 70% of China's mining capacity is located in recent weeks, heavy rains have hit thousands of people and caused heavy economic losses.
The Economic Daily News report says that a natural disaster has reduced the overall level of a hash on global cryptology by about thirty percent, although this has been disputed by other sources. According to the National Meteorological Center, from last Thursday to Sunday in areas of Hubei, Sichuan and Jiangsu Province there were heavy rains that flooded many industries.
Last week, the storms hit 48 cities and affected more than 250,000 people, and the economic losses from natural disasters are estimated at 733 million yuan (111 million US dollars). Also in local media all the time reports of deaths and loss of people.
The National Meteorological Center warned local authorities to ban outdoor activities and take precautionary measures against showers, sudden floods and landslides.
According to some statistics, more than seventy percent of the total number of used mining devices are in China.
Golden Finance also notes that the recent decline in the global hash of processing crypto-currency networks is probably due to natural disasters in China. The newspaper estimated that the power of the entire network has significantly decreased in recent weeks, which coincides with the floods in Sichuan Province. In fact, due to the heterogeneity of mining, it is difficult to reliably calculate the hashtet of the bitcoin network for a certain period of time and compare it with natural disasters in China.
Bitmain has risen in price to $ 12 billion
Bitmain, the Chinese giant for manufacturing equipment for mining, closed the round of funding for the B series, raising the cost of its own company to about $ 12 billion.
Chinese media Caixin, dedicated to business and investment, reported with reference to anonymous sources familiar with this transaction that, although the exact amount of new equity financing is unknown, it is somewhere between $ 300 and $ 400 million. A representative of Bitmain said that the company does not comment on the news.
According to a news article published by Caixin, investors who participated in the new round include such well-known companies as Sequoia Capital China, a hedge fund from the US Coatue, and an EDBI investment fund, supported by Singapore.
The news appeared almost a year after Bitmain raised $ 50 million in the series A financing round, led by Sequoia Capital China and IDG Capital at the time.
The Caixin report also indicates that Bitmain is currently conducting a preliminary round of financing for IPO and may consider a plan that will be published on the Hong Kong Stock Exchange in the future. The news, if so, will make Bitmain another Chinese giant dedicated to working with the cryptocurrency, which seeks an initial public offering (IPO).
As previously reported, other major manufacturers of equipment for causing in China, including Canaan Creative and Ebang Communication, have already applied for an IPO on the Hong Kong Stock Exchange.
Bitmain, the Chinese giant for manufacturing equipment for mining, closed the round of funding for the B series, raising the cost of its own company to about $ 12 billion.
Chinese media Caixin, dedicated to business and investment, reported with reference to anonymous sources familiar with this transaction that, although the exact amount of new equity financing is unknown, it is somewhere between $ 300 and $ 400 million. A representative of Bitmain said that the company does not comment on the news.
According to a news article published by Caixin, investors who participated in the new round include such well-known companies as Sequoia Capital China, a hedge fund from the US Coatue, and an EDBI investment fund, supported by Singapore.
The news appeared almost a year after Bitmain raised $ 50 million in the series A financing round, led by Sequoia Capital China and IDG Capital at the time.
The Caixin report also indicates that Bitmain is currently conducting a preliminary round of financing for IPO and may consider a plan that will be published on the Hong Kong Stock Exchange in the future. The news, if so, will make Bitmain another Chinese giant dedicated to working with the cryptocurrency, which seeks an initial public offering (IPO).
As previously reported, other major manufacturers of equipment for causing in China, including Canaan Creative and Ebang Communication, have already applied for an IPO on the Hong Kong Stock Exchange.
Wemark
The blockchain-based marketplace for digital content
📥Telegram: https://t.me/wemark
🌐Web: https://tge.wemark.com/
🎬Video: https://youtu.be/pWCFt_M28eE
⌚️TGE: May 7th, 2018
🔗Type: ERC20
💰Soft Cap: $1.5M
💰Hard Cap: $8M
Backed with equity investments by VC’s from Silicon Valley, New York and Israel
📃Project description:
Starting with photos, Wemark is a new kind of marketplace for digital content. Shutterstock and Getty images control the 4B$ stock photography industry and take up to 85% of what creators earn.
With Wemark, creators license their content directly to customers. They keep much more of their revenues and all the rights to their content. Customers get access to better photos at better prices.
Wemark already has a working alpha with thousands of photographers signed up and submitted +20,000 photos to the platform. See more at www.wemark.com
http://wemark.com/
https://t.me/wemark
The blockchain-based marketplace for digital content
📥Telegram: https://t.me/wemark
🌐Web: https://tge.wemark.com/
🎬Video: https://youtu.be/pWCFt_M28eE
⌚️TGE: May 7th, 2018
🔗Type: ERC20
💰Soft Cap: $1.5M
💰Hard Cap: $8M
Backed with equity investments by VC’s from Silicon Valley, New York and Israel
📃Project description:
Starting with photos, Wemark is a new kind of marketplace for digital content. Shutterstock and Getty images control the 4B$ stock photography industry and take up to 85% of what creators earn.
With Wemark, creators license their content directly to customers. They keep much more of their revenues and all the rights to their content. Customers get access to better photos at better prices.
Wemark already has a working alpha with thousands of photographers signed up and submitted +20,000 photos to the platform. See more at www.wemark.com
http://wemark.com/
https://t.me/wemark
IBM has signed a five-year AU$1 billion ($740 million) deal with the Australian government to use blockchain and other new technologies to improve data security, Bloomberg reports Thursday, July 5.
The major contract will see IBM provide technology such as blockchain, automation and artificial intelligence (AI) to Australian federal departments, including defense and home affairs.
IBM’s Asia Pacific head, Harriet Green, told Bloomberg that the new partnership will give Commonwealth citizens access to the “world’s greatest technologies” “across many, many government agencies.”
The new partnership will catapult Australia to “the top three of digital governments in the world,” she suggested.
In her interview, Green placed repeated emphasis on ensuring data security for citizens - for which blockchain’s central offering of an immutable and encrypted ledger is a cornerstone innovation.
Green also saw the deal as a major step in Australia working towards a “paperless future” across different realms of the state’s jurisdiction, including taxation and border control.
Just today, the world’s fourth largest cryptocurrency exchange by daily trade volumes, Huobi, confirmed it had launched trading on its new Australian platform, with the new CEO of Huobi Australia saying the exchange is “keen to partner with the growing numbers of Australian blockchain projects looking to list in a maturing market.”
The Australian government’s Digital Transformation Agency (DTA) 2018-19 budget has already earmarked $530,000 for blockchain research, a move it says was prompted by a specific request from the country’s Prime Minister, Malcolm Turnbull.
IBM for its part has been steadily expanding its involvement in blockchain across diverse fields, with its Blockchain Platform successfully used just this week to power the first live operations in a major trading initiative involving twenty companies and five major banks.
The major contract will see IBM provide technology such as blockchain, automation and artificial intelligence (AI) to Australian federal departments, including defense and home affairs.
IBM’s Asia Pacific head, Harriet Green, told Bloomberg that the new partnership will give Commonwealth citizens access to the “world’s greatest technologies” “across many, many government agencies.”
The new partnership will catapult Australia to “the top three of digital governments in the world,” she suggested.
In her interview, Green placed repeated emphasis on ensuring data security for citizens - for which blockchain’s central offering of an immutable and encrypted ledger is a cornerstone innovation.
Green also saw the deal as a major step in Australia working towards a “paperless future” across different realms of the state’s jurisdiction, including taxation and border control.
Just today, the world’s fourth largest cryptocurrency exchange by daily trade volumes, Huobi, confirmed it had launched trading on its new Australian platform, with the new CEO of Huobi Australia saying the exchange is “keen to partner with the growing numbers of Australian blockchain projects looking to list in a maturing market.”
The Australian government’s Digital Transformation Agency (DTA) 2018-19 budget has already earmarked $530,000 for blockchain research, a move it says was prompted by a specific request from the country’s Prime Minister, Malcolm Turnbull.
IBM for its part has been steadily expanding its involvement in blockchain across diverse fields, with its Blockchain Platform successfully used just this week to power the first live operations in a major trading initiative involving twenty companies and five major banks.
💰Cloud provider Xunlei launches new blockchain file system
Chinese technology company Xunlei Limited, known to some as the BitTorrent of China, announced Friday that it has launched a new distributed file system aimed at supporting blockchain platforms.
The ThunderChain File System (TCFS), as well as three ThunderChain Request for Comments (TRC) standards, will help support blockchain development, the company said in statements. The new file system, in particular, aims to combine features of existing platforms like IPFS and filecoin, while adding new security and flexibility tools.
The news came out during a ceremony hosted in Shenzhen, China, right before the company unveiled the winners of an international blockchain application competition it also sponsored.
Xunlei first announced it was launching ThunderChain in April, when the company claimed its new blockchain would be able to provide processing capacity in the millions of transactions per second, as previously reported by CoinDesk.
The new TCFS, according to Friday's release, is built specifically for blockchain platforms like ThunderChain. The TRC standards are aimed to help build up the ecosystem by allowing third parties to build upon the company's blockchain.
Xunlei CEO Lei Chen said in a statement that the company is committed to amplifying the power of individuals through technological innovation.
He added:
That is why we introduced ThunderChain File System and other new initiatives as we continue to help developers unleash the real value of blockchain. We are also delighted to see a large number of practical blockchain projects developed during the challenge and would like to thank everyone for their great contribution.
Notably, the company entered the blockchain industry last October, as CoinDesk previously reported, but also has since been subject to two ongoing class action lawsuits over an alleged initial coin offering (ICO) from its investors.
Xunlei's website image via Shutterstock
Chinese technology company Xunlei Limited, known to some as the BitTorrent of China, announced Friday that it has launched a new distributed file system aimed at supporting blockchain platforms.
The ThunderChain File System (TCFS), as well as three ThunderChain Request for Comments (TRC) standards, will help support blockchain development, the company said in statements. The new file system, in particular, aims to combine features of existing platforms like IPFS and filecoin, while adding new security and flexibility tools.
The news came out during a ceremony hosted in Shenzhen, China, right before the company unveiled the winners of an international blockchain application competition it also sponsored.
Xunlei first announced it was launching ThunderChain in April, when the company claimed its new blockchain would be able to provide processing capacity in the millions of transactions per second, as previously reported by CoinDesk.
The new TCFS, according to Friday's release, is built specifically for blockchain platforms like ThunderChain. The TRC standards are aimed to help build up the ecosystem by allowing third parties to build upon the company's blockchain.
Xunlei CEO Lei Chen said in a statement that the company is committed to amplifying the power of individuals through technological innovation.
He added:
That is why we introduced ThunderChain File System and other new initiatives as we continue to help developers unleash the real value of blockchain. We are also delighted to see a large number of practical blockchain projects developed during the challenge and would like to thank everyone for their great contribution.
Notably, the company entered the blockchain industry last October, as CoinDesk previously reported, but also has since been subject to two ongoing class action lawsuits over an alleged initial coin offering (ICO) from its investors.
Xunlei's website image via Shutterstock
CRYPTOCARZ IS THE WORLD'S FIRST BLOCKCHAIN-ENABLED VR RACING EXPERIENCE
CRYPTOCARZ IS A MULTIPLAYER, VIRTUAL REALITY (VR)-ENABLED RACING EXPERIENCE, DEVELOPED USING THE ETHEREUM BLOCKCHAIN.
To play, users will have to load the car assets into the game from an Ethereum wallet, where they are stored as an ERC721 token. The ERC721 token has paved the way for a new class of digital assets called non-fungible tokens (NFTs). These allow users to own, customise and maintain control in the
same way as in the physical world.
Blockchain Studios contends that this new asset class opens up new opportunities for user engagement and ownership. We believe that the first wave of innovation will come from gaming. CryptoCarz is the first platform to bring together blockchain, VR and gaming technologies. By giving gamers new options to visualise, own, adapt and race their own car, we think a new era in gaming has arrived.
WE BELIEVE GAMING IT WILL BE TRANSFORMED BY THE RISE – AND INTEGRATION – OF THREE TECHNOLOGIES: BLOCKCHAIN, E-SPORTS AND VR.
Each of them, independently, represents a paradigm shift for game development and consumption. Their attributes will make technology more individual, inclusive and immersive. The combination of these technologies will give rise to new scenarios, where gamers can own, modify, trade and play in an unprecedented way
THE CONCEPT
Cars, gaming and cryptocurrency are shared passions at Blockchain Studios, so combining them was a natural choice when we started working on CryptoCarz. We see strong synergies between the cryptocurrency community and gamers and we believe there is a market for a game that blends racing, cryptocurrency and blockchain technology. CryptoCarz is a multiplayer, fully immersive, VR-enabled racing experience, powered by the Ethereum blockchain. To race in the game, a user will have to demonstrate ownership of a car that is modelled and stored as an ERC721 Ethereum token in the gamer’s private wallet. The car will then be loaded into the game via integration with MetaMask and other proprietary tools
The game will initially offer 20 car models representative of the top cryptocurrencies. Each model will have a maximum of 650 units, hard-coded and numerically defined in the smart contract.No further cars in these models will be produced in the future.
Links:
Telegram Group: https://t.me/cryptocarz
Website: www.cryptocarz.io
Whitepaper: https://www.cryptocarz.io/docs/CryptoCarz_WP.pdf
One pager: https://www.cryptocarz.io/docs/CryptoCarz_1P.pdf
Twitter: https://twitter.com/cryptocarz
Medium blog: https://medium.com/@cryptocarz
CRYPTOCARZ IS A MULTIPLAYER, VIRTUAL REALITY (VR)-ENABLED RACING EXPERIENCE, DEVELOPED USING THE ETHEREUM BLOCKCHAIN.
To play, users will have to load the car assets into the game from an Ethereum wallet, where they are stored as an ERC721 token. The ERC721 token has paved the way for a new class of digital assets called non-fungible tokens (NFTs). These allow users to own, customise and maintain control in the
same way as in the physical world.
Blockchain Studios contends that this new asset class opens up new opportunities for user engagement and ownership. We believe that the first wave of innovation will come from gaming. CryptoCarz is the first platform to bring together blockchain, VR and gaming technologies. By giving gamers new options to visualise, own, adapt and race their own car, we think a new era in gaming has arrived.
WE BELIEVE GAMING IT WILL BE TRANSFORMED BY THE RISE – AND INTEGRATION – OF THREE TECHNOLOGIES: BLOCKCHAIN, E-SPORTS AND VR.
Each of them, independently, represents a paradigm shift for game development and consumption. Their attributes will make technology more individual, inclusive and immersive. The combination of these technologies will give rise to new scenarios, where gamers can own, modify, trade and play in an unprecedented way
THE CONCEPT
Cars, gaming and cryptocurrency are shared passions at Blockchain Studios, so combining them was a natural choice when we started working on CryptoCarz. We see strong synergies between the cryptocurrency community and gamers and we believe there is a market for a game that blends racing, cryptocurrency and blockchain technology. CryptoCarz is a multiplayer, fully immersive, VR-enabled racing experience, powered by the Ethereum blockchain. To race in the game, a user will have to demonstrate ownership of a car that is modelled and stored as an ERC721 Ethereum token in the gamer’s private wallet. The car will then be loaded into the game via integration with MetaMask and other proprietary tools
The game will initially offer 20 car models representative of the top cryptocurrencies. Each model will have a maximum of 650 units, hard-coded and numerically defined in the smart contract.No further cars in these models will be produced in the future.
Links:
Telegram Group: https://t.me/cryptocarz
Website: www.cryptocarz.io
Whitepaper: https://www.cryptocarz.io/docs/CryptoCarz_WP.pdf
One pager: https://www.cryptocarz.io/docs/CryptoCarz_1P.pdf
Twitter: https://twitter.com/cryptocarz
Medium blog: https://medium.com/@cryptocarz
Walmart looks to blockchain for better package tracking
Walmart has yet another delivery-focused blockchain patent in the works.
The application published on July 5 is entitled Delivery Reservation Apparatus and Method, and as suggested, it outlines a way for managing package reservations in the context of the purchaser not being available to actually receive it.
It's the latest smart delivery intellectual property play from the retail giant, which in the past year has submitted a number of U.S. patent applications in this area. Indeed, the company seems to be looking at the technology as a way to automate elements of the delivery process, but to date, much of the company's public-facing work with blockchain has been focused on food supply chain tracking.
In the newly released filing, Walmart detail system of delivery lockers – located at a person's home, transportation hub or other location – that can safeguard the delivered items until their recipients can come and actually sign for them. Blockchain fits into the conceived picture as a method of connecting those lockers in order to track which ones are occupied and which ones are free to be used.
Each space on the docking station has a corresponding capacity unit for each location on the docking station. The transactions for the capacity units are tracked in a ledger, with available capacity units indicating an open location on the docking station or contracted out capacity units indicating that either the location has a locker secured thereto or that the location is reserved for a future delivery, Walmart wrote, going on to add:
In some embodiments, the docking stations utilize a blockchain reservation system. As such, each docking station can be a node within a blockchain network.
The application makes frequent reference to a public ledger, suggesting that the proposed system would be openly accessible to some extent rather than closed off to certain participants. That leger, according to the filing, contains a record of available and reserved capacity units for the plurality of locker docking stations.
This perhaps suggests that Walmart wouldn't necessarily be the only operator of these docking stations, and possibly is aimed at enabling a degree of participation by outside parties.
Walmart has yet another delivery-focused blockchain patent in the works.
The application published on July 5 is entitled Delivery Reservation Apparatus and Method, and as suggested, it outlines a way for managing package reservations in the context of the purchaser not being available to actually receive it.
It's the latest smart delivery intellectual property play from the retail giant, which in the past year has submitted a number of U.S. patent applications in this area. Indeed, the company seems to be looking at the technology as a way to automate elements of the delivery process, but to date, much of the company's public-facing work with blockchain has been focused on food supply chain tracking.
In the newly released filing, Walmart detail system of delivery lockers – located at a person's home, transportation hub or other location – that can safeguard the delivered items until their recipients can come and actually sign for them. Blockchain fits into the conceived picture as a method of connecting those lockers in order to track which ones are occupied and which ones are free to be used.
Each space on the docking station has a corresponding capacity unit for each location on the docking station. The transactions for the capacity units are tracked in a ledger, with available capacity units indicating an open location on the docking station or contracted out capacity units indicating that either the location has a locker secured thereto or that the location is reserved for a future delivery, Walmart wrote, going on to add:
In some embodiments, the docking stations utilize a blockchain reservation system. As such, each docking station can be a node within a blockchain network.
The application makes frequent reference to a public ledger, suggesting that the proposed system would be openly accessible to some extent rather than closed off to certain participants. That leger, according to the filing, contains a record of available and reserved capacity units for the plurality of locker docking stations.
This perhaps suggests that Walmart wouldn't necessarily be the only operator of these docking stations, and possibly is aimed at enabling a degree of participation by outside parties.
World trade share of bitcoin / yuan pair is less than 1%.
"At the height of the popularity of the yuan to bitcoin traded in 90% of cases, the Bank of China said that at the moment the share of trades is only 1%. This is due to the fact that in September 2017, the Chinese authorities banned the trade in crypto-currency in a pair with the yuan, as well as raising funds through the ICO. Meanwhile, the Central Bank boasts that since last year it managed to eliminate the risks associated with the fraudulent activities of the ICO, and toughening of measures forced such sites as Huobi, OK Coin and Binance to leave the jurisdiction.
"At the height of the popularity of the yuan to bitcoin traded in 90% of cases, the Bank of China said that at the moment the share of trades is only 1%. This is due to the fact that in September 2017, the Chinese authorities banned the trade in crypto-currency in a pair with the yuan, as well as raising funds through the ICO. Meanwhile, the Central Bank boasts that since last year it managed to eliminate the risks associated with the fraudulent activities of the ICO, and toughening of measures forced such sites as Huobi, OK Coin and Binance to leave the jurisdiction.
🐋 Bitmain bought a slice of Opera
Bitmain bought $ 50 million of shares in Opera Ltd. The contract was concluded last Friday, but only today it hit the radar, as it was part of the filing with the SEC for an IPO, to raise $ 115 million. The exact proportion of Bitmain to be received remains unclear.
Bitmain occupies one of the most significant market shares in Bitcoin mining (BTC), and their profit for 2017 is $ 3-4 billion. The Chinese company is known for its secrecy, which distinguishes it from other competitors.
Bitmain bought $ 50 million of shares in Opera Ltd. The contract was concluded last Friday, but only today it hit the radar, as it was part of the filing with the SEC for an IPO, to raise $ 115 million. The exact proportion of Bitmain to be received remains unclear.
Bitmain occupies one of the most significant market shares in Bitcoin mining (BTC), and their profit for 2017 is $ 3-4 billion. The Chinese company is known for its secrecy, which distinguishes it from other competitors.
Cryptocurrency will not kill the currencies we are familiar with
The first crisis was in 2017.
The second boom will be about to be marked by the arrival of institutional investors.
The third boom will be when the cryptocurrency will be used for its intended purpose and begin to pay it.
Skeptics believe that this will never happen. I can only laugh at their confidence - they are devilishly mistaken. Skeptics have an argument that people and the state will not give up the traditional monetary system for a long time, because they invested a lot of energy in it (and they learned to steal too much).
But the trick is that it is not necessary. e-mail did not replace paper letters, mobile phones did not completely replace stationary phones, and even the horses in favor of the car were refused by all people. Another question is that it is quite inconvenient.
So, paper money will sooner or later become the same archaism as a landline phone. It's unavoidable. Nobody will argue that the cryptocurrency is a revolutionary payment instrument.
And now think of similar revolutions from history - the masses never believed in them. Could someone have thought that the paper letters would be replaced by an e-mail? Or that cars will appear instead of horses? And do you think someone believed that the phone can be carried with you in your pocket? Only a few progressive personalities, who were considered psychics. Now we are in their place.
The first crisis was in 2017.
The second boom will be about to be marked by the arrival of institutional investors.
The third boom will be when the cryptocurrency will be used for its intended purpose and begin to pay it.
Skeptics believe that this will never happen. I can only laugh at their confidence - they are devilishly mistaken. Skeptics have an argument that people and the state will not give up the traditional monetary system for a long time, because they invested a lot of energy in it (and they learned to steal too much).
But the trick is that it is not necessary. e-mail did not replace paper letters, mobile phones did not completely replace stationary phones, and even the horses in favor of the car were refused by all people. Another question is that it is quite inconvenient.
So, paper money will sooner or later become the same archaism as a landline phone. It's unavoidable. Nobody will argue that the cryptocurrency is a revolutionary payment instrument.
And now think of similar revolutions from history - the masses never believed in them. Could someone have thought that the paper letters would be replaced by an e-mail? Or that cars will appear instead of horses? And do you think someone believed that the phone can be carried with you in your pocket? Only a few progressive personalities, who were considered psychics. Now we are in their place.
Billionaire Jack Ma has declared Bitcoin a potential bubble
The founder and chairman of Alibaba Group Holding Ltd. extolled the possibilities of the decentralized ledger on which Bitcoin is based but warned that the digital currency itself may be driven by torrid speculation. Ma made his comments after officially launching a blockchain-based remittance service with Standard Chartered Plc and GCash, Ant’s venture with the Philippines’ Globe Telecom Inc.
Bitcoin set a 2018 low on Sunday before bouncing back a tad, underscoring the volatility that stems from increased scrutiny by regulators even as global central bankers and business chiefs raise questions about its viability.
“Blockchain technology could change our world more than people imagine,” Ma told reporters in the former British colony, home to a large population of Filipino workers and domestic helpers who send money home regularly. “Bitcoin however could be a bubble.”
Read more: Ant Financial Raises $14 Billion as Funding Round Closes
Ant Financial, an affiliate of Alibaba’s backed by some of the biggest names in global finance and investment, has explored blockchain technology for years, including to clean up China’s murky charities. But the remittance service marks one of the first instances of the internet giant using the technology in mainstream finance.
On Monday, Ma also took potshots at the traditional banking industry, saying financial institutions were over-charging for overseas payments. Ant Financial, blocked from buying Moneygram International Inc., now wants to build something better and take blockchain-based remittances beyond just Hong Kong to the Philippines. He didn’t elaborate.
“Traditional financial institutions serve 20 percent of people and make 80 percent of profits. New financial institutions should service 80 percent of people, and make 20 percent of profit,” said Ma.
The founder and chairman of Alibaba Group Holding Ltd. extolled the possibilities of the decentralized ledger on which Bitcoin is based but warned that the digital currency itself may be driven by torrid speculation. Ma made his comments after officially launching a blockchain-based remittance service with Standard Chartered Plc and GCash, Ant’s venture with the Philippines’ Globe Telecom Inc.
Bitcoin set a 2018 low on Sunday before bouncing back a tad, underscoring the volatility that stems from increased scrutiny by regulators even as global central bankers and business chiefs raise questions about its viability.
“Blockchain technology could change our world more than people imagine,” Ma told reporters in the former British colony, home to a large population of Filipino workers and domestic helpers who send money home regularly. “Bitcoin however could be a bubble.”
Read more: Ant Financial Raises $14 Billion as Funding Round Closes
Ant Financial, an affiliate of Alibaba’s backed by some of the biggest names in global finance and investment, has explored blockchain technology for years, including to clean up China’s murky charities. But the remittance service marks one of the first instances of the internet giant using the technology in mainstream finance.
On Monday, Ma also took potshots at the traditional banking industry, saying financial institutions were over-charging for overseas payments. Ant Financial, blocked from buying Moneygram International Inc., now wants to build something better and take blockchain-based remittances beyond just Hong Kong to the Philippines. He didn’t elaborate.
“Traditional financial institutions serve 20 percent of people and make 80 percent of profits. New financial institutions should service 80 percent of people, and make 20 percent of profit,” said Ma.
The remittance coin of XRP is further increasing its liquidity through listings in 3 new exchanges
The first exchange to announce that it will be listing XRP on its platform is DX.Exchange. In a tweet, the fully EU regulated exchange announced that it would list the digital asset on its yet to be released platform after it conducted a Facebook poll. DX.Exchange will be launched later on this month on July 25th. The exchange is currently allowing for the pre-registration of new users through its website.
The second exchange that announced it will be supporting XRP, is the Australia based, The Cryptocurrency Exchange. The exact announcement via twitter stated the following.The exchange goes on to state, via its official website page, that they are excited to launch the 5th crypto asset on its exchange: XRP. They will be launching the digital asset with an introductory brokerage fee of 0.1% specifically for XRP. This offer will only last for 2 weeks therefore users are advised to put in their trades as early as July 7th after routing maintenance is complete on the platform.
The third crypto exchange to announce that it will list XRP, is the India based Unodax exchange. In the twitter announcement, the exchange stated that:
"Unodax is introducing 17 crypto-to-crypto trading pairs today with three base coins. Base coins are BTC – ETH – XRP"
This move by UnoDax can be understood for the Reserve Bank of India has placed a ban on only crypto-to-fiat transactions that are mediated by banks. This means that there is no fiat-to-crypto conversion (and vice versa) in the country. However, crypto-to-crypto trading is still allowed.
Unodax makes this statement clear via its medium page when it states that the exchange is ready for trading through the base pairs of BTC, ETH and XRP. This is how it will continue with normal operations after the fiat-to-crypto ban in the country.
In conclusion, XRP continues to expand across the globe through the listings on the 3 aforementioned exchanges and not forgetting the equally exciting listing on SBI Virtual Currencies. More listings means more visibility for XRP in the crypto markets, hence driving up demand and consequently the value of the digital asset.
The first exchange to announce that it will be listing XRP on its platform is DX.Exchange. In a tweet, the fully EU regulated exchange announced that it would list the digital asset on its yet to be released platform after it conducted a Facebook poll. DX.Exchange will be launched later on this month on July 25th. The exchange is currently allowing for the pre-registration of new users through its website.
The second exchange that announced it will be supporting XRP, is the Australia based, The Cryptocurrency Exchange. The exact announcement via twitter stated the following.The exchange goes on to state, via its official website page, that they are excited to launch the 5th crypto asset on its exchange: XRP. They will be launching the digital asset with an introductory brokerage fee of 0.1% specifically for XRP. This offer will only last for 2 weeks therefore users are advised to put in their trades as early as July 7th after routing maintenance is complete on the platform.
The third crypto exchange to announce that it will list XRP, is the India based Unodax exchange. In the twitter announcement, the exchange stated that:
"Unodax is introducing 17 crypto-to-crypto trading pairs today with three base coins. Base coins are BTC – ETH – XRP"
This move by UnoDax can be understood for the Reserve Bank of India has placed a ban on only crypto-to-fiat transactions that are mediated by banks. This means that there is no fiat-to-crypto conversion (and vice versa) in the country. However, crypto-to-crypto trading is still allowed.
Unodax makes this statement clear via its medium page when it states that the exchange is ready for trading through the base pairs of BTC, ETH and XRP. This is how it will continue with normal operations after the fiat-to-crypto ban in the country.
In conclusion, XRP continues to expand across the globe through the listings on the 3 aforementioned exchanges and not forgetting the equally exciting listing on SBI Virtual Currencies. More listings means more visibility for XRP in the crypto markets, hence driving up demand and consequently the value of the digital asset.
Pulsa303
Pulsa303 : Situs Daftar Deposit Pulsa Tanpa Potongan Terlengkap 2024
Pulsa303 merupakan situs deposit pulsa tanpa potongan yang menyediakan ragam dan varian metode penyetoran baik melalui pulsa, ewallet maupun bank lokal yang sudah terakreditasi dengan baik.
Wemark
The blockchain-based marketplace for digital content
📥Telegram: https://t.me/wemark
🌐Web: https://tge.wemark.com/
🎬Video: https://youtu.be/pWCFt_M28eE
⌚️TGE: May 7th, 2018
🔗Type: ERC20
💰Soft Cap: $1.5M
💰Hard Cap: $8M
Backed with equity investments by VC’s from Silicon Valley, New York and Israel
📃Project description:
Starting with photos, Wemark is a new kind of marketplace for digital content. Shutterstock and Getty images control the 4B$ stock photography industry and take up to 85% of what creators earn.
With Wemark, creators license their content directly to customers. They keep much more of their revenues and all the rights to their content. Customers get access to better photos at better prices.
Wemark already has a working alpha with thousands of photographers signed up and submitted +20,000 photos to the platform. See more at www.wemark.com
http://wemark.com/
https://t.me/wemark
The blockchain-based marketplace for digital content
📥Telegram: https://t.me/wemark
🌐Web: https://tge.wemark.com/
🎬Video: https://youtu.be/pWCFt_M28eE
⌚️TGE: May 7th, 2018
🔗Type: ERC20
💰Soft Cap: $1.5M
💰Hard Cap: $8M
Backed with equity investments by VC’s from Silicon Valley, New York and Israel
📃Project description:
Starting with photos, Wemark is a new kind of marketplace for digital content. Shutterstock and Getty images control the 4B$ stock photography industry and take up to 85% of what creators earn.
With Wemark, creators license their content directly to customers. They keep much more of their revenues and all the rights to their content. Customers get access to better photos at better prices.
Wemark already has a working alpha with thousands of photographers signed up and submitted +20,000 photos to the platform. See more at www.wemark.com
http://wemark.com/
https://t.me/wemark