✅ Alfa-Enzo is patented social mining platform that lets the community solves the most critical problems of the blockchain—scaling and mass adoption. It uses a patent-pending side-chain process to let you mine tokens by discovering and interacting with social contents on the network. The patented design was developed from scratch to ensure that you earn for your time and anything you create from posts to transactions. The more you give to the network, the faster you earn. Powering Alfa-Enzo's ecosystem is Enzo (NZO). Enzo is a time-token that converts the user's time into a stored value. It is mined using a special Proof-of-Activity (PoS + PoW) protocol that's designed to properly compensate users for the time they spent from social activities to marketplace activities. Miners can transact with the tokens, or sell the tokens on exchanges to Advertisers and Publishers who need the tokens to serve advertisements. Tokens are burned when Advertisements are injected into the system, which continually create a fair increase in value and demand for tokens . Alfa-Enzo holds a number of patents and will provide its source code for open-review in April 2019. It is a presently in MVP status with a baseline release of its social mining app ALFA for iOS, and on track to deliver the first Android version in November 2018. Users will be retroactively reimbursed for their time spent on the network after the launch of its main-net in 2019. ➡️Whitepaper: https://www.alfaenzo.io/libs/pdf/whitepaper.pdf ☑️Twitter: http://twitter.com/enzonetwork
🔶Facebook: https://www.facebook.com/alfaenzofoundation
💬Telegram: https://telegram.me/alfaenzo
🔶Facebook: https://www.facebook.com/alfaenzofoundation
💬Telegram: https://telegram.me/alfaenzo
Forwarded from Cointelegraph
A Malaysian MP has urged the government to create appropriate regulations for digital currencies before approving the political Harapan Coin cryptocurrency project
https://ctlgr.com/754n
https://ctlgr.com/754n
🔝✔️ARAW ➖ Payment for E-Commerce Ecosystem
Today’s e-commerce industry is growing at a rapid pace and global retail e-commerce sales are expected to reach $4.5 trillion by 2021. For most commercial businesses, cryptocurrency is becoming a preferred mode of transaction highlighted by its current cap of hundreds of billions and expected to rise to trillions. According to research, most of the finance and banking industry is expected to move to the blockchain and hence adoption rate of blockchain across all industries will increase in the coming years. By Introducing the ARAW Token, the heart of the decentralised payment ecosystem powered by the Ethereum Blockchain, we are aiming to increase blockchain adoption for regular people across the world. We are the first company in the world whose mission is to combine the benefits of the E-Commerce and Payment industries; provide end-to-end solutions for E-Commerce Marketplace, Touch & Pay Cryptocurrency Card, Online Cryptocurrency Payment, and Unified Reward System on the Ethereum Blockchain powered by the ARAW token. The goal of the ARAW token is to be a part of everyone’s day-to-day online & in-store shopping without needing them to change their shopping behavior or understand the underlying complexity of the Blockchain technology. ✔️site - https://arawtoken.io 🔴twitter - https://twitter.com/arawtoken 🔵reddit - https://www.reddit.com/user/arawtoken ⚜️facebook - https://www.facebook.com/arawtoken
Today’s e-commerce industry is growing at a rapid pace and global retail e-commerce sales are expected to reach $4.5 trillion by 2021. For most commercial businesses, cryptocurrency is becoming a preferred mode of transaction highlighted by its current cap of hundreds of billions and expected to rise to trillions. According to research, most of the finance and banking industry is expected to move to the blockchain and hence adoption rate of blockchain across all industries will increase in the coming years. By Introducing the ARAW Token, the heart of the decentralised payment ecosystem powered by the Ethereum Blockchain, we are aiming to increase blockchain adoption for regular people across the world. We are the first company in the world whose mission is to combine the benefits of the E-Commerce and Payment industries; provide end-to-end solutions for E-Commerce Marketplace, Touch & Pay Cryptocurrency Card, Online Cryptocurrency Payment, and Unified Reward System on the Ethereum Blockchain powered by the ARAW token. The goal of the ARAW token is to be a part of everyone’s day-to-day online & in-store shopping without needing them to change their shopping behavior or understand the underlying complexity of the Blockchain technology. ✔️site - https://arawtoken.io 🔴twitter - https://twitter.com/arawtoken 🔵reddit - https://www.reddit.com/user/arawtoken ⚜️facebook - https://www.facebook.com/arawtoken
🔷🔝 FlipNpik is the first collaborative ecosystem that allows users to monetize their social media posts by supporting local businesses. Businesses on the platform benefit from increased visibility while users are finally remunerated for posting about their favorite local spots. Start monetizing your posts about your favorite local shops on FlipNpik
➡️ Website : http://www.flipnpik.io
➡️ Telegram http://t.me/flipnpikico
➡️ Website : http://www.flipnpik.io
➡️ Telegram http://t.me/flipnpikico
🔑🔝 Dominium The Dominium platform is built on an Ardor childchain which evolved from the time-tested Nxt blockchain. The Dominium childchain decentralises the trade of assets and places rental agreements, purchase agreements, property management tasks and more on the blockchain. Dominium will obtain the required regulatory licenses to allow standardised legal templates for property funding to be created. This allows companies to create egulatory compliant assets, which can be purchased by the Dominium account holders. As the assets are created on the blockchain they will of course be 100% transparent and liquid. Moreover, Dominium is underwritten by a portfolio of property assets generating an income and ensuring the future development and maintenance of the platform. 🔸Website -https://dominium.me/
🔴bitcointalk - https://bitcointalk.org/index.php?topic=4976561.0
🔷WP -https://dominium.me/sites/default/files/Dominium%20White%20Paper%2020180710_0.pdf
✴️twitter - https://twitter.com/Dominium_me
⚫️facebook - https://www.facebook.com/Dominium.me/
💬t.me - https://t.me/dominium_en
⚜️medium - https://medium.com/dominium
🔅linkedin - https://www.linkedin.com/company/dominium.me/
🔴bitcointalk - https://bitcointalk.org/index.php?topic=4976561.0
🔷WP -https://dominium.me/sites/default/files/Dominium%20White%20Paper%2020180710_0.pdf
✴️twitter - https://twitter.com/Dominium_me
⚫️facebook - https://www.facebook.com/Dominium.me/
💬t.me - https://t.me/dominium_en
⚜️medium - https://medium.com/dominium
🔅linkedin - https://www.linkedin.com/company/dominium.me/
✔️#tradingview pro user @AkilStokesRTM predicts that #SPX $SPX might be in the middle of something that may turn out to be a head and shoulders bottom #pattern. Check how he would #trade it here:https://twitter.com/tradingview/status/1062857818045341696
✅🔝Bistox is the currency exchange new cryptocurrency which claims to be one of bursa's most sophisticated and secure in the market today. This is supported by the technology of the NEM and has the Initial Coin Offering (ICO) immediately.
This is the exchange of crypto semi-decentralization aimed at traders who are in the level are very different in their career. Bistox have a machine that can be used beginner without any difficulty to understand the trade and veterans can explore to get more profit when they need to trade. ☑️Website - https://bistox.com/#/ 💬WP - https://bistox.com/content/documents/whitepaper.pdf
🔅onepager - https://bistox.com/content/documents/onepager.pdf 🔸bitcointalk - https://bitcointalk.org/index.php?topic=5037289.0 🔺t.me - https://t.me/Bistox / https://t.me/BistoxExchange
🔷twitter - https://twitter.com/BistoxExchange
🌎facebook - https://www.facebook.com/bistox.exchange
💬linkedin - https://www.linkedin.com/company/bistox-exchange/
✴️medium - https://medium.com/@Bistox_Exchange
This is the exchange of crypto semi-decentralization aimed at traders who are in the level are very different in their career. Bistox have a machine that can be used beginner without any difficulty to understand the trade and veterans can explore to get more profit when they need to trade. ☑️Website - https://bistox.com/#/ 💬WP - https://bistox.com/content/documents/whitepaper.pdf
🔅onepager - https://bistox.com/content/documents/onepager.pdf 🔸bitcointalk - https://bitcointalk.org/index.php?topic=5037289.0 🔺t.me - https://t.me/Bistox / https://t.me/BistoxExchange
🔷twitter - https://twitter.com/BistoxExchange
🌎facebook - https://www.facebook.com/bistox.exchange
💬linkedin - https://www.linkedin.com/company/bistox-exchange/
✴️medium - https://medium.com/@Bistox_Exchange
✔️ Nearly 1% of All Ethereum is Locked in the MakerDAO Smart Contract MKR.tools creator Mike McDonald raised a celebratory alarm on Twitter yesterday morning. According to the Ethereum blockchain, about 1 million ether – or almost 1 percent of the total Ethereum supply – is presently locked in MakerDAO smart contracts.MakerDAO is the project behind Dai, a second-generation stablecoin offering which very carefully enables the issuance of the US dollar on the Ethereum blockchain. The mechanics can appear complex, but Maker offers a helpful “for dummies” explanation that does not require one to be an expert economist or Ethereum developer to grasp. Author Gregory DiPrisco explains the difference between Dai and, for instance, Tether:
“YOU’RE MOST LIKELY FAMILIAR WITH STABLECOINS THAT HOLD USD IN BANK ACCOUNTS AND ISSUE TOKENS ON A BLOCKCHAIN THAT ARE ‘BACKED’ BY THESE DOLLARS. I CALL THIS LEGALLY-BACKED CRYPTO, OR AN IOU COIN, BECAUSE IF THOSE BANK ACCOUNTS SHOULD EVER BE FROZEN OR IF THE ACCOUNTANTS DEFRAUDED TOKEN HOLDERS, THE STABLECOIN NOW BECOMES AN IOU ON WHATEVER’S LEFT WHEN THEY EVENTUALLY GET THE BANK ACCOUNTS BACK (IF THEY EVER REGAIN THE BANK ACCOUNTS). RELYING ON THE LEGAL SYSTEM TO MAINTAIN CRYPTO-TOKENS INSERTS AN UNRELIABLE MIDDLE-MAN INTO THE BLOCKCHAIN.”
Not All of This Ether is Contributing to Dai’s Market Cap
Although the blockchain shows around 1 million Eth locked up in Maker smart contracts, the Dai token’s market capitalization is actually somewhere around 1/3rd of that figure, at time of writing sitting around ~357,000 ETH / $72+ million. ➡️https://coinnewstelegraph.com/nearly-1-of-all-ethereum-is-locked-in-the-makerdao-smart-contract/
“YOU’RE MOST LIKELY FAMILIAR WITH STABLECOINS THAT HOLD USD IN BANK ACCOUNTS AND ISSUE TOKENS ON A BLOCKCHAIN THAT ARE ‘BACKED’ BY THESE DOLLARS. I CALL THIS LEGALLY-BACKED CRYPTO, OR AN IOU COIN, BECAUSE IF THOSE BANK ACCOUNTS SHOULD EVER BE FROZEN OR IF THE ACCOUNTANTS DEFRAUDED TOKEN HOLDERS, THE STABLECOIN NOW BECOMES AN IOU ON WHATEVER’S LEFT WHEN THEY EVENTUALLY GET THE BANK ACCOUNTS BACK (IF THEY EVER REGAIN THE BANK ACCOUNTS). RELYING ON THE LEGAL SYSTEM TO MAINTAIN CRYPTO-TOKENS INSERTS AN UNRELIABLE MIDDLE-MAN INTO THE BLOCKCHAIN.”
Not All of This Ether is Contributing to Dai’s Market Cap
Although the blockchain shows around 1 million Eth locked up in Maker smart contracts, the Dai token’s market capitalization is actually somewhere around 1/3rd of that figure, at time of writing sitting around ~357,000 ETH / $72+ million. ➡️https://coinnewstelegraph.com/nearly-1-of-all-ethereum-is-locked-in-the-makerdao-smart-contract/
✅🔝Gigzi is a financial system that addresses three principal challenges of cryptocurrency: hyper-volatility, account vulnerability and wealth diminishment. By harnessing the relative constancy of precious metals, Gigzi protects users against the unpredictability of market fluctuations. Introducing a reliable standard of measure, enabling commerce in tokenised precious metals. Gigzi utilises impenetrable iris recognition technology for account access control, through an exclusive partnership with the world leading biometric security company. Gigzi will enable users to protect private keys and instead gain access with the unique configuration of their iris. By backing crypto-assets with pure, unfabricated precious metals that are redeemable on demand. Metal is sourced exclusively from a world-renowned mint with all investments guaranteed under law. Gigzi prevents wealth diminishment. ✔️website - www.gigzi.com 🔴twitter - https://twitter.com/gigziofficial 🔵t.me - https://t.me/gigzicommunity
✅ EtainPower is building up a blockchain based renewable energy trading platform. Through blockchain and smart contract technology, EtainPower will tokenize the renewable energy revenue and help renewable energy producer complete project financing. EtainPower will build a decentralized, fair and transparent financing environment, reduce financing cost while improving efficiency for project financing, and therefore promote the development of renewable energy.
EtainPower will build the effective channel for global investors to access and invest in renewable energy
projects, EtainPower will conduct due diligence to ensure project quality and the investor’s benefit. Project
investor can either change the energy token to the EtainPower token or electricity or use the energy token to purchase various services within the EtainPower ecosystem.
✅Bounty Thread: https://bitcointalk.org/index.php?topic=5036393.0
🔷Telegram: @etainpower_en
🔸Website: https://etainpower.io/
EtainPower will build the effective channel for global investors to access and invest in renewable energy
projects, EtainPower will conduct due diligence to ensure project quality and the investor’s benefit. Project
investor can either change the energy token to the EtainPower token or electricity or use the energy token to purchase various services within the EtainPower ecosystem.
✅Bounty Thread: https://bitcointalk.org/index.php?topic=5036393.0
🔷Telegram: @etainpower_en
🔸Website: https://etainpower.io/
🔹🔹Crypt-ON 🔹🔹
🔥Don't miss the chance to earn tokens of the new perspective project!🔥
Crypt-ON - a multifunctional P2P platform built on blockchain technology to provide safe and secure trades in cryptocurrency.
👇🏻Crypt-ON includes 4 services👇🏻
⚖️Escrow-service
💰P2P lending
👨🏽💻Crypto freelance marketplace
💸Local crypto-exchange
Crypt-ON is a single infrastructure solution for work and business with safe and convenient tools in the form of smart-contracts.
You will be able to conclude transactions, to take loans, to hire performers and to exchange cryptocurrency for money directly, without intermediaries.
⚡️⚡️⚡️⚡️⚡️⚡️⚡️⚡️⚡️⚡️⚡️
❗️Bounty campaign has already started and will last until 21.01.2019❗️
🎂3% of i-Point tokens total will be distributed between bounty participants🎂
🔻Project presentation: https://www.youtube.com/watch?v=xwGvc66rOTo
🔻Links:
https://crypt-on.io
https://bitcointalk.org/index.php?topic=3530713.0 - announcement
https://bitcointalk.org/index.php?topic=5036843.msg46116711#msg46116711 - bounty
Telegram Official group: https://t.me/Crypt_ON_En
Telegram Bounty chat: https://t.me/Bounty_Crypt_ON
🔥Don't miss the chance to earn tokens of the new perspective project!🔥
Crypt-ON - a multifunctional P2P platform built on blockchain technology to provide safe and secure trades in cryptocurrency.
👇🏻Crypt-ON includes 4 services👇🏻
⚖️Escrow-service
💰P2P lending
👨🏽💻Crypto freelance marketplace
💸Local crypto-exchange
Crypt-ON is a single infrastructure solution for work and business with safe and convenient tools in the form of smart-contracts.
You will be able to conclude transactions, to take loans, to hire performers and to exchange cryptocurrency for money directly, without intermediaries.
⚡️⚡️⚡️⚡️⚡️⚡️⚡️⚡️⚡️⚡️⚡️
❗️Bounty campaign has already started and will last until 21.01.2019❗️
🎂3% of i-Point tokens total will be distributed between bounty participants🎂
🔻Project presentation: https://www.youtube.com/watch?v=xwGvc66rOTo
🔻Links:
https://crypt-on.io
https://bitcointalk.org/index.php?topic=3530713.0 - announcement
https://bitcointalk.org/index.php?topic=5036843.msg46116711#msg46116711 - bounty
Telegram Official group: https://t.me/Crypt_ON_En
Telegram Bounty chat: https://t.me/Bounty_Crypt_ON
YouTube
What is Crypt-ON?
Forwarded from Cointelegraph
Circle’s recently-released USD-backed stablecoin is the latest asset to hit top crypto exchange Binance
https://ctlgr.com/755d
https://ctlgr.com/755d
Forwarded from CRYPTOLINI
🙃 HEROIC.com
HEROIC is powering the future of cybersecurity with artificial intelligence and the blockchain to protect against current and next-generation cyber threats.
As cyber threats are growing at an exponential rate, modern cybersecurity solutions are reactive, outdated, and ineffective. The vast majority of threat data is controlled by large corporations and governments, making it difficult and costly to build next-generation solutions that improve protection. Recent advances in artificial intelligence based threat protection are promising, but the solutions are almost exclusively deployed to large corporate applications, putting the technology out of reach of the people who are most vulnerable to attacks.
HEROIC is taking a new approach to AI-powered threat protection. Utilizing big data, artificial intelligence, and the blockchain, combined with a decentralized peer-to-peer threat protection platform, HEROIC will change cybersecurity as we know it and make next-generation solutions freely available to everyone. HEROIC will empower and incentivize developers and companies to create the advanced solutions through the HEROIC Ecosystem, which includes an open threat intelligence exchange called HEROIC Arc ReactorTM, a unified security management platform called HEROIC GuardianTM, and a Research and Development environment. The motivation for collaboration within this Ecosystem will be incentivized through the blockchain and the use of HEROICs cryptocurrency, the HEROIC Token (HRO) https://pbs.twimg.com/media/Ddy4TyNVQAED91C.jpg ✅ https://icoholder.com/en/heroic-com-21382
✔️ @heroicdotcom 🔵Website : https://tokensale.heroic.com/ 🔶twitter - https://twitter.com/heroiccyber 🔴Telegram : https://t.me/heroicdotcom
✴️Youtube : https://www.youtube.com/c/HEROICCybersecurity 💬bitcointalk - https://bitcointalk.org/index.php?topic=4511192.0
HEROIC is powering the future of cybersecurity with artificial intelligence and the blockchain to protect against current and next-generation cyber threats.
As cyber threats are growing at an exponential rate, modern cybersecurity solutions are reactive, outdated, and ineffective. The vast majority of threat data is controlled by large corporations and governments, making it difficult and costly to build next-generation solutions that improve protection. Recent advances in artificial intelligence based threat protection are promising, but the solutions are almost exclusively deployed to large corporate applications, putting the technology out of reach of the people who are most vulnerable to attacks.
HEROIC is taking a new approach to AI-powered threat protection. Utilizing big data, artificial intelligence, and the blockchain, combined with a decentralized peer-to-peer threat protection platform, HEROIC will change cybersecurity as we know it and make next-generation solutions freely available to everyone. HEROIC will empower and incentivize developers and companies to create the advanced solutions through the HEROIC Ecosystem, which includes an open threat intelligence exchange called HEROIC Arc ReactorTM, a unified security management platform called HEROIC GuardianTM, and a Research and Development environment. The motivation for collaboration within this Ecosystem will be incentivized through the blockchain and the use of HEROICs cryptocurrency, the HEROIC Token (HRO) https://pbs.twimg.com/media/Ddy4TyNVQAED91C.jpg ✅ https://icoholder.com/en/heroic-com-21382
✔️ @heroicdotcom 🔵Website : https://tokensale.heroic.com/ 🔶twitter - https://twitter.com/heroiccyber 🔴Telegram : https://t.me/heroicdotcom
✴️Youtube : https://www.youtube.com/c/HEROICCybersecurity 💬bitcointalk - https://bitcointalk.org/index.php?topic=4511192.0
Forwarded from CRYPTOLINI
🔥Alive Casino
Alive Casino is the world's first encryption casino combining Blockchain Technology and Virtual Reality. In addition to all types of all traditional games available, Alive Casino will give you the opportunity to visit a land casino without leaving home. Once the VR casino is set up and launched, the player gets a 360 degree view such as a fully interactive slot, live dealer table. Alive distributes 40% of the net revenue of the casino quarterly to Alive Token holders. ✅site - https://aliveplaycasino.com/ 🔶twitter - https://twitter.com/alivecasino/ ⚜️bitcointalk - https://bitcointalk.org/index.php?topic=4573692
Alive Casino is the world's first encryption casino combining Blockchain Technology and Virtual Reality. In addition to all types of all traditional games available, Alive Casino will give you the opportunity to visit a land casino without leaving home. Once the VR casino is set up and launched, the player gets a 360 degree view such as a fully interactive slot, live dealer table. Alive distributes 40% of the net revenue of the casino quarterly to Alive Token holders. ✅site - https://aliveplaycasino.com/ 🔶twitter - https://twitter.com/alivecasino/ ⚜️bitcointalk - https://bitcointalk.org/index.php?topic=4573692
🌉 BridgeX Network Bounty Campaign 🌉
Up to 10,000,000 BXN tokens to be awarded!
BridgeX Network is offering various bounties for the community, in efforts that you will help bridge between the various communities and spread the message of BridgeX Network.
Do head over to find out more on the bounty campaign here:
https://bitcointalk.org/index.php?topic=5024373.0
If you have any questions, chat with their admins at https://t.me/bridgexnetwork 🌉
🔥 What is BridgeX Network?
📡 BridgeX Network is the framework for a financial ecosystem of decentralised credit, conversion and payment solutions, enabling fully-decentralised crypto-to-crypto collateralised lending and borrowing, crypto-to-fiat currency conversions and cross border payments.
💥BridgeX Network will comprise of three main components:
1️⃣ BridgeX Core
2️⃣ BridgeX Platform (Distributed Apps/ Apps)
3️⃣ Third Party Integrators (DApps/ Apps/ Service Providers)
Check out their website for more info and to download their whitepaper: https://bridgex.network/
Up to 10,000,000 BXN tokens to be awarded!
BridgeX Network is offering various bounties for the community, in efforts that you will help bridge between the various communities and spread the message of BridgeX Network.
Do head over to find out more on the bounty campaign here:
https://bitcointalk.org/index.php?topic=5024373.0
If you have any questions, chat with their admins at https://t.me/bridgexnetwork 🌉
🔥 What is BridgeX Network?
📡 BridgeX Network is the framework for a financial ecosystem of decentralised credit, conversion and payment solutions, enabling fully-decentralised crypto-to-crypto collateralised lending and borrowing, crypto-to-fiat currency conversions and cross border payments.
💥BridgeX Network will comprise of three main components:
1️⃣ BridgeX Core
2️⃣ BridgeX Platform (Distributed Apps/ Apps)
3️⃣ Third Party Integrators (DApps/ Apps/ Service Providers)
Check out their website for more info and to download their whitepaper: https://bridgex.network/
Telegram
BridgeX Network
Lend · Borrow · Convert · Send
https://bridgex.network
https://bridgex.network
Do you want an one-stop #cryptoexchange? Keep a check on ✅Encrybit🔝 trading features & researches as we aim to deliver the same. Encrybit aims to be the first of a new generation of cryptocurrency exchanges by providing:
☑️Optimized and simplified trading platform with an easy and attractive user interface;
☑️A broad spectrum of technical analysis tools;
☑️Smart alerts;
☑️Profit and loss reporting;
☑️Multiple levels of order history;
☑️Multilingual support;
☑️Smart social trading; ☑️Trading rewards;
☑️Market research and news updates;
☑️Broad order book;
☑️Transparent policies;
☑️Demo trading;
☑️Multi-tier security;
☑️Dedicated customer representation.
🌎website - https://encrybit.io/ ✔️ t.me - https://t.me/encrybit
🗃Exchange WP - https://encrybit.io/pdf/encrybit-wp-v1.pdf … ♦️ twitter - https://twitter.com/enbofficial #Privatesale is started.
Be a part of Next Generation #cryptocurrencyexchange!
☑️Optimized and simplified trading platform with an easy and attractive user interface;
☑️A broad spectrum of technical analysis tools;
☑️Smart alerts;
☑️Profit and loss reporting;
☑️Multiple levels of order history;
☑️Multilingual support;
☑️Smart social trading; ☑️Trading rewards;
☑️Market research and news updates;
☑️Broad order book;
☑️Transparent policies;
☑️Demo trading;
☑️Multi-tier security;
☑️Dedicated customer representation.
🌎website - https://encrybit.io/ ✔️ t.me - https://t.me/encrybit
🗃Exchange WP - https://encrybit.io/pdf/encrybit-wp-v1.pdf … ♦️ twitter - https://twitter.com/enbofficial #Privatesale is started.
Be a part of Next Generation #cryptocurrencyexchange!
✔️ GMO Internet Reports Cryptocurrency Exchange Profit Rose Over 34% in Q3 2018 ✔️ GMO Internet, the Japanese technology and online finance conglomerate, presented its results for the third quarter of fiscal 2018 on Nov. 12. The presentation included new details about the performance of the Tokyo-listed group’s cryptocurrency-related businesses.
Also Read: The Daily: US Museum to Accept Bitcoin, Estonia Grants License to B2BX Exchange
Record Performance by Quarter
The presentation covers the operations of GMO Internet in cryptocurrency mining, exchange and payments. The company reported total quarterly revenue of 2.61 billion yen ($22.93 million) in the third quarter. It noted that the positive results came “just a year since the launch despite the harsh external environment.”
On the cryptocurrency exchange side of the operation, profit was up 34.4 percent quarter over quarter, from 0.55 billion yen in the second quarter to 0.74 billion yen in the third. It said it posted an increase in profit despite the fact that revenue from the exchange business alone fell slightly from 1.42 billion yen in the second quarter to 1.36 billion yen in the third. GMO Internet also reported that customer accounts have been growing steadily, reaching 208,000 in the third quarter. However, the trading value has fallen from 220 billion yen to just 89 billion yen ($782.7 million) quarter over quarter.On the cryptocurrency mining side of its business, GMO Internet reported it has increased its human resources during the third quarter of the year. And this helped it increase mining revenue slightly to 1.23 billion yen in the third quarter, from 1.17 billion yen in the preceding three-month period. In contrast, the worsening external environment and increased depreciation costs drove profit down quarter over quarter, from a loss of 0.36 billion yen in the second quarter to a loss of 0.64 billion yen in the third.
The company reported it reached a bitcoin hashing rate of 674 PH/s during the third quarter, for both BCH and BTC. It said it aims to achieve a total of 800 PH/s within the year.
GMO Internet also said that sales of cryptocurrency mining machines have been postponed due to delays in shipments of needed electronic components. In addition, it announced that it is changing the ticker symbol of the yen-pegged stablecoin it launched during the third quarter from GJY to GYEN.What do you think about the latest GMO Internet quarterly report? Let us know in the comments section below.
Images courtesy of Shutterstock and GMO Internet.
Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH and other coins, on our market charts at Satoshi’s Pulse, another original and free service from Bitcoin.com. ➡️https://coinnewstelegraph.com/gmo-internet-reports-cryptocurrency-exchange-profit-rose-over-34-in-q3-2018/
Also Read: The Daily: US Museum to Accept Bitcoin, Estonia Grants License to B2BX Exchange
Record Performance by Quarter
The presentation covers the operations of GMO Internet in cryptocurrency mining, exchange and payments. The company reported total quarterly revenue of 2.61 billion yen ($22.93 million) in the third quarter. It noted that the positive results came “just a year since the launch despite the harsh external environment.”
On the cryptocurrency exchange side of the operation, profit was up 34.4 percent quarter over quarter, from 0.55 billion yen in the second quarter to 0.74 billion yen in the third. It said it posted an increase in profit despite the fact that revenue from the exchange business alone fell slightly from 1.42 billion yen in the second quarter to 1.36 billion yen in the third. GMO Internet also reported that customer accounts have been growing steadily, reaching 208,000 in the third quarter. However, the trading value has fallen from 220 billion yen to just 89 billion yen ($782.7 million) quarter over quarter.On the cryptocurrency mining side of its business, GMO Internet reported it has increased its human resources during the third quarter of the year. And this helped it increase mining revenue slightly to 1.23 billion yen in the third quarter, from 1.17 billion yen in the preceding three-month period. In contrast, the worsening external environment and increased depreciation costs drove profit down quarter over quarter, from a loss of 0.36 billion yen in the second quarter to a loss of 0.64 billion yen in the third.
The company reported it reached a bitcoin hashing rate of 674 PH/s during the third quarter, for both BCH and BTC. It said it aims to achieve a total of 800 PH/s within the year.
GMO Internet also said that sales of cryptocurrency mining machines have been postponed due to delays in shipments of needed electronic components. In addition, it announced that it is changing the ticker symbol of the yen-pegged stablecoin it launched during the third quarter from GJY to GYEN.What do you think about the latest GMO Internet quarterly report? Let us know in the comments section below.
Images courtesy of Shutterstock and GMO Internet.
Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH and other coins, on our market charts at Satoshi’s Pulse, another original and free service from Bitcoin.com. ➡️https://coinnewstelegraph.com/gmo-internet-reports-cryptocurrency-exchange-profit-rose-over-34-in-q3-2018/
Forwarded from CRYPTOLINI
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✔️Bitcoin (BTC), Ethereum, XRP (XRP) and Others Experiences Massive Selloff Again – The Fifth Crypt Massive Selloff This Year – BTC News Today – BTC/USD Price Today✔️ The digital currency market is experiencing another massive selloff. Some of the top digital currencies in the market such as Bitcoin (BTC), XRP (XRP), and Litecoin (LTC) are selling off again. This is the fifth time the market is experiencing such a massive sell-off this year. However, this time around, the selloff is different from the previous ones seen this year.
The Recent Sell-Off Has a Unique Trend
One of the major differences is that the selloff started after the market showed a great level of stability for two months. Previously, selloffs usually start after short spikes. Bitcoin (BTC) – the world’s most dominant digital currency – has maintained a stable price for a period of two months.
The digital currency has been trading close to the $6,500 mark since early September. However, as a result of the selloff, the digital currency is now trading close to the $5,500 mark. This is a decrease of about $1,000 in just a couple of days.
Another notable thing about the recent selloff is that it broke below the $6k and $5,800 levels. These levels are seen as the market bottom for Bitcoin (BTC). This indicates a great bearish sign. $5,800 is a very crucial level for Bitcoin as the digital currency has been able to prevent declines towards that level for a very long time.
According to Clement Thibault, the value of Bitcoin (BTC) has not tested this level since it started trading between the $6k and $7k marks. Clement Thibault is a Senior Analyst at Investing.com – a global financial platform. He believes that the digital currency will recover very soon over the $6k mark.
Bitcoin (BTC) Sees Massive Spike in Trading Volume
There is a massive spike in the trading volume of Bitcoin (BTC). The recent selloff has resulted in an increase in trading volume. Over the past twenty-four hours, the trading volume of Bitcoin (BTC) is more than $6.6 billion. Abraham Merkin – a digital currency trader – has shown concern regarding the increase in trading volume that accompanies the selloff.
The trading volume of Bitcoin (BTC) has increased by over 80 percent in some trading platforms. Some mainstream trading platforms have seen an increase of about 20 to 25 percent. However, the chairman and deputy CEO of Fincross International – Henry James, said he’s not surprised by the selloff.
He said a breakout has been expected due to the fact that the digital currency has been trading in a tight range for a long time. Hence, the sudden decline in the value of Bitcoin (BTC) wasn’t surprising to him. He also added that the recent selloff indicates that buyers are still looking for more real-life use-cases for digital currencies.
Bitcoin (BTC) is not the only digital currency experiencing this massive selloff. Other top digital currencies in the market are also experiencing the same trend. While Bitcoin (BTC) has lost more than 12 percent of its value over the past 7 days, XRP (XRP) has lost about 16 percent of its value in that same period. Litecoin (LTC) is also down by about 19 percent over the past 7 days.
Bitcoin (BTC) Price Today – BTC / USD
Bitcoin (BTC) is currently changing hands at $5,575 after a decrease of about 1.5 percent over the past 24 hours. The digital currency currently boasts of a market cap of $96.90 billion and a trading volume of $6.64 billion over the past twenty-four hours. ➡️https://coinnewstelegraph.com/bitcoin-btc-ethereum-xrp-xrp-and-others-experiences-massive-selloff-again-the-fifth-crypt-massive-selloff-this-year-btc-news-today-btc-usd-price-today/
The Recent Sell-Off Has a Unique Trend
One of the major differences is that the selloff started after the market showed a great level of stability for two months. Previously, selloffs usually start after short spikes. Bitcoin (BTC) – the world’s most dominant digital currency – has maintained a stable price for a period of two months.
The digital currency has been trading close to the $6,500 mark since early September. However, as a result of the selloff, the digital currency is now trading close to the $5,500 mark. This is a decrease of about $1,000 in just a couple of days.
Another notable thing about the recent selloff is that it broke below the $6k and $5,800 levels. These levels are seen as the market bottom for Bitcoin (BTC). This indicates a great bearish sign. $5,800 is a very crucial level for Bitcoin as the digital currency has been able to prevent declines towards that level for a very long time.
According to Clement Thibault, the value of Bitcoin (BTC) has not tested this level since it started trading between the $6k and $7k marks. Clement Thibault is a Senior Analyst at Investing.com – a global financial platform. He believes that the digital currency will recover very soon over the $6k mark.
Bitcoin (BTC) Sees Massive Spike in Trading Volume
There is a massive spike in the trading volume of Bitcoin (BTC). The recent selloff has resulted in an increase in trading volume. Over the past twenty-four hours, the trading volume of Bitcoin (BTC) is more than $6.6 billion. Abraham Merkin – a digital currency trader – has shown concern regarding the increase in trading volume that accompanies the selloff.
The trading volume of Bitcoin (BTC) has increased by over 80 percent in some trading platforms. Some mainstream trading platforms have seen an increase of about 20 to 25 percent. However, the chairman and deputy CEO of Fincross International – Henry James, said he’s not surprised by the selloff.
He said a breakout has been expected due to the fact that the digital currency has been trading in a tight range for a long time. Hence, the sudden decline in the value of Bitcoin (BTC) wasn’t surprising to him. He also added that the recent selloff indicates that buyers are still looking for more real-life use-cases for digital currencies.
Bitcoin (BTC) is not the only digital currency experiencing this massive selloff. Other top digital currencies in the market are also experiencing the same trend. While Bitcoin (BTC) has lost more than 12 percent of its value over the past 7 days, XRP (XRP) has lost about 16 percent of its value in that same period. Litecoin (LTC) is also down by about 19 percent over the past 7 days.
Bitcoin (BTC) Price Today – BTC / USD
Bitcoin (BTC) is currently changing hands at $5,575 after a decrease of about 1.5 percent over the past 24 hours. The digital currency currently boasts of a market cap of $96.90 billion and a trading volume of $6.64 billion over the past twenty-four hours. ➡️https://coinnewstelegraph.com/bitcoin-btc-ethereum-xrp-xrp-and-others-experiences-massive-selloff-again-the-fifth-crypt-massive-selloff-this-year-btc-news-today-btc-usd-price-today/
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