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Wednesday, October 31, 2018

Cryptocurrency start-up Coinbase valued at $8 billion despite bitcoin's plunge

The start-up plans to use those funds to "accelerate the adoption of cryptocurrencies and digital assets," Coinbase President and COO Asiff Hirji says.

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Fire Lotto: Blockchain-Based Lottery Platform Announces Its Next Jackpot Win



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NEXT BLOCK Blockchain Conference Tel Aviv + Fabulous FashionTV After-Party



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AirdropAlert Expands by Acquiring Airdropster



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CryptoEye: Bitcoin Likely to Finish October with 2018's First Year-Over-Year Fall



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The Future of Crypto Market, a Massive Shift of Spotlight From Bitcoin



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What will Bitcoin be Worth in 5-10 Years Time



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BitKop Initially Launched "Global Selection Plan" on CryptoEXPO Asia Singapore



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Bitcoin Laundry, the Mixer That Keeps Your Bitcoins Squeaky Clean



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China's Merchants are Legally Permitted to Accept Crypto, BTC is Now Protected by Law



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BitcoinTV by Crypto Love on YouTube

Crypto Love in Vegas πŸ˜ˆπŸ¦„πŸ˜³



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Emergence of Government-backed Cryptocurrencies Highlights Necessity of Open Source Innovation

In a recent interview with Cointelegraph, Dash Core Group CEO, Ryan Taylor, discussed how central bank-issued cryptocurrencies are the “inevitable ...

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Bitcoin price prediction: Cryptocurrency market will see '5000 per cent gains' over next decade ...

Bitcoin is set to celebrate its 10th birthday this week, with 31 October marking 10 years since the publication of a paper describing an "electronic cash ...

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Japan's Financial Regulator: Stablecoins Are Not Cryptocurrencies, Have to Be Regulated ...

Japan's financial regulator, the Financial Services Agency (FSA), has said that stablecoins do not meet the criteria to be considered cryptocurrencies.

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One Year After The Crypto Craze, Wall Street Is Still Scratching Its Head At Cryptocurrencies

Part of the issue, according to OTC Markets Associate General Counsel Cass Sanford, is that it's so early in the life of cryptocurrencies that nobody is ...

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Bitstamp Confirms Acquisition by South Korean Company



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Coincheck Reports Deepening Losses of $5.3 Million in Third Quarter

Coincheck Reports Deepening Losses of $5.3 Million in Third Quarter

Coincheck reported a pre-tax loss of 588 million yen (US $5.3 million) for the third quarter of 2018, the Japanese exchange’s second consecutive quarterly loss since hackers pilfered $530 million in January. That’s an increased deficit of 130 percent from the 259 million yen ($2.3 million) loss the previous quarter.

Also Read: French Business School Fees in Bitcoin For Blockchain Technology Courses

Coincheck Remains Optimistic After Surviving a Multi-Million-Dollar Hack

Coincheck’s revenue for the period July to September plunged 66.5 percent to 315 million yen ($2.8 million) from $8.4 million the previous quarter, as the exchange battled to regain public trust. Attributable net loss widened 111 percent to $3.6 million during the review quarter, as total group net profit came in at $4.9 million, down 118 percent from $10.7 million in the quarter prior.

Coincheck Reports Deepening Losses of $5.3 Million in Third Quarter

Coincheck, acquired by Tokyo-based securities firm Monex Group in April for $40 million, said that it retained some 1.7 million users after repaying $420 million to depositors after the hack. Running costs are down by around 17 percent for the quarter, but cumulative losses over the past six months have reached $7.6 million.

“Since the service suspension in January 2018, Coincheck basically allowed existing customers only to sell their cryptocurrency,” Monex Group said in its third quarter earnings release on Oct.29.

Exchange Steps up Security

Lawsuits filed against Coincheck, still unregistered under Japanese law, have had only a minor impact on the financial status of the holding company, Monex said, adding that the exchange had beefed up security to prevent further breaches. At least four privacy coins have been delisted as part of measures to improve security. Know-your-customer and anti-money laundering features have also been tightened.

Coincheck Reports Deepening Losses of $5.3 Million in Third Quarter

“Going forward, Coincheck will advance as a highly technology-driven company with a cutting-edge security control system and the know-how to secure profitability appropriate of its true value,” Monex Group chairman and chief executive officer Oki Matsumoto detailed in the financial results statement.

“In Japan and the United States, we will increase our user base by developing and providing new services that appeal to millennials and other new economic players. And finally, we will expand our operations in the Asia-Pacific region, an area that will support global growth in the future,” he said.

The majority of leading digital currency exchanges have reported stellar earnings. Binance said profits soared to $350 million between September last year and June, mainly driven by transaction fees. The platform, which has over 10 million users and averages about $1.5 billion in daily volume, has targeted net profit of between $500 million and $1 billion for 2018.

Do you think Coincheck will be able to regain public trust after the January hack? Let us know in the comments section below.


Images courtesy of Shutterstock and Monex Group.


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.

The post Coincheck Reports Deepening Losses of $5.3 Million in Third Quarter appeared first on Bitcoin News.



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Survey: 60% of US Voters Want Cryptocurrency Political Donations to Be Legal

Survey: 60% of US Voters Want Cryptocurrency Political Donations to Be Legal

Clovr recently surveyed 1,023 registered U.S. voters to learn how the American public views the possibility of political candidates accepting cryptocurrency donations for campaign financing. A majority of 60 percent said cryptocurrency donations should be treated the same as fiat, with only 21 percent disagreeing.

Also Read: New ‘Trust Machine’ Blockchain Film Tackles Politics of Technology

Safe and (Relatively) Stable

Survey: 60% of US Voters Want Cryptocurrency Political Donations to Be LegalRegarding the topic of security, 54 percent of respondents in the Clovr survey answered that cryptocurrencies were safe enough for political donations. Breaking it down by party affiliation, 63 percent of Republicans agreed cryptocurrency was secure enough to be used for political purposes, with 52 percent of Democrats and 45 percent of independents saying the same. Additionally, 73 percent of those polled who claimed to be knowledgeable about cryptocurrencies believed security was not an issue.

Voters appear less certain about the question of price stability with regards to USD exchange rates, but still supportive in relatively high numbers. The survey showed 52 percent of Republicans think cryptocurrency is stable enough for political campaign donations, with just 40 percent of Democrats and 35 percent of independents believing the same. In contrast, 62 percent of those who self-identity as ‘extremely familiar’ with cryptocurrency answered that it is stable enough.

One result from the survey that should be of particular interest to politicians is that almost 25 percent of respondents said they would be more likely to financially back campaigns if they accepted cryptocurrency as an option. This is true for 27 percent of Republicans, 25 percent of Democrats and 22 percent of independents.

Some Concerns Remain

Survey: 60% of US Voters Want Cryptocurrency Political Donations to Be LegalWith the current state of deep political division and mistrust of public institutions in the U.S., it’s no surprise that the survey also found some fears about incorporating cryptocurrency into the elections process.

A total of 60 percent of respondents were concerned that cryptocurrency donations could increase foreign interference in American elections. 66 percent of Democrats were concerned about this issue, but also 58 percent of Republicans and 56 percent of independents.

Besides the possibility of outside interference, American voters also seem to think that their elected officials can’t be trusted with cryptocurrency. In total, 62 percent of respondents answered that cryptocurrency donations would increase illegal activity within the U.S. political system.

“The overall findings are contradictory but intuitive: overwhelming support for crypto as a currency and a technology, countered by an equally unanimous distrust of what people, particularly those in politics, might do with it,” commented Clovr co-founder Mike Cribari.

Are you more likely to support a politician that accepts cryptocurrency donations? Share your thoughts in the comments section below.


Images courtesy of Shutterstock.


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.

The post Survey: 60% of US Voters Want Cryptocurrency Political Donations to Be Legal appeared first on Bitcoin News.



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Exchanges Roundup: Ironx Raises $22.3M in Private Sale, IDCM to Target STOs

In this edition of Exchanges Roundup, we focus on Ironx, which has just wrapped up a $22.3 million private sale. We also look at International Digital Currency Markets’ plans to provide solutions for security token offerings, as well as some of the new exchanges opening in Estonia.

Also Read: The Daily: Outcry Over Censoring of Gab, Chinese State Media Plugs Bitcoin Book

UK Minister Reaps Windfall
After Ironx Resignation

Exchanges Roundup: Ironx Raises $22.3M in Private Sale, IDCM to Target STOsIronx, a cryptocurrency exchange that Cyprus-based Ironfx plans to launch in December, sold 67.6 million IRX tokens after raising $22.3 million during its recent private sale. The tokens were sold for just shy of $0.33 each.

Stephen Hammond, a former vice chairman of the U.K. Conservative Party and current member of the U.K. Treasury Committee, recently resigned from Ironx after working for the company for just four days. Based on the pricing for the planned exchange’s private sale, the 50,000 IRX tokens that Hammond received as remuneration would be valued at approximately $16,500.

Ironfx will open the Ironx exchange in partnership with Emurgohk Group, the Hong Kong-based company behind Cardano. ADA will be the base currency on Ironx.

IDCM Reveals Plan to Become
‘Cryptocurrency Investment Bank’

Exchanges Roundup: Ironx Raises $22.3M in Private Sale, IDCM to Target STOsAndrew Wong, a managing partner at International Digital Currency Markets, recently spoke to the South China Morning Post about the company’s long-term plans, which include becoming a full-fledged crypto investment bank.

“Part of that process would be to provide a solution for a security token offering, where a pool of investors is screened and cleared to invest,” Wong said.

Estonian Licenses Attract Exchanges

Exchanges Roundup: Ironx Raises $22.3M in Private Sale, IDCM to Target STOsEstonia’s licenses for exchange and wallet service providers are continuing to attract virtual currency companies, with cryptocurrency exchange XRP United launching operations in the country last week. The exchange uses XRP as its base currency and presently supports BCH/XRP, ETH/XRP, and BTC/XRP. It also intends to support XMR/XRP once a Monero wallet has been implemented on its platform.

Crowdwiz is another company that has recently secured a license to provide wallet and exchange services in Estonia. It currently aims to launch a beta product for its Wizexchange before 2019.

Do you think more and more exchanges will use cryptocurrencies other than BTC as a base currency? Share your thoughts in the comments section below!


Images courtesy of Shutterstock, stephenhammond.net


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The post Exchanges Roundup: Ironx Raises $22.3M in Private Sale, IDCM to Target STOs appeared first on Bitcoin News.



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Markets Update: Traders Play a Lower Range After Cryptocurrency Prices Dip



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Pandacash Wins Grand Prize at BCH Devcon



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Rumors of Exit Scam Swirl as Maplechange Loses Funds in Hack

Maplechange, a small Canadian cryptocurrency exchange, has ceased operations following the purported theft of all the funds it was holding. Despite promises of an investigation into the matter, many have accused the exchange of attempting to stage an exit scam.

Also Read: Japanese Regulator: Stablecoins Are Not Cryptocurrencies Under Current Law

Canadian Exchange Drained of Holdings

Rumors of Exit Scam Swirl as Maplechange Loses Funds in HackMaplechange took to Twitter to announce the hack, which took place one day after it had conducted “maintenance” to revamp its website. It claimed that “due to a bug, some people have managed to withdraw all the funds” it had been holding. The exchange said it had launched a “thorough investigation” and insisted that it couldn’t offer refunds to customers until it had concluded its probe. “We are extremely sorry that it has to come to end like this,” it added.

Some sites claimed that Maplechange had deleted the initial tweet within an hour, along with its Telegram and Discord accounts. Those reports cited another tweet from the exchange stating that it would cease business and shut down its social media presence, because it had been completely drained of funds and was left unable to pay its customers back.

Partial Refunds

Rumors of Exit Scam Swirl as Maplechange Loses Funds in HackHowever, Maplechange returned to Twitter five hours after it reported the hack, amid widespread accusations that it was staging an exit scam. “We have not disappeared,” it said. “We simply turned off our accounts temporarily to think this solution through.”

The company opened a Discord server for refunds an hour later, stating that it would be unable to refund any BTC or LTC that had been lost. However, it vowed to try “to refund everything else.”

Significant Trading Spike Prior to Hack

Rumors of Exit Scam Swirl as Maplechange Loses Funds in HackMaplechange saw a significant spike in trade volume in the week preceding the hack. After posting daily trade volume of between $2,000 and $3,000 for the majority of the second and third weeks of October, it bounced between approximately $10,000 and $65,000 in the days leading up to the hack, before falling to roughly $5,000 during the website maintenance period on Oct. 27. At the time of the purported hack, CCX/BTC and LMO/LTC were the two most traded pairings on Maplechange.

The company has since pledged to transfer all of the coins it still possesses back to the coin developers. At the time of this writing, it had said that it had already returned funds to Lumeneo (LMO) and Carbon Credit Coin (CCX).

Maplechange first launched an LTC/CCX pairing on Oct. 11. “Amazing volume today thanks to LMO,” it posted on the following day. “Make sure to grab a boatload for yourself.” It also introduced an XMR/CCX pairing on Oct. 2, and thanked its LTC/LMO pairing for producing “rock solid” daily volume on Oct. 3.

Do you think the purported hack of Maplechange sounds suspicious? Share your thoughts in the comments section below!


Images courtesy of Shutterstock


At Bitcoin.com there’s a bunch of free helpful services. For instance, have you seen our Tools page? You can even lookup the exchange rate for a transaction in the past. Or calculate the value of your current holdings. Or create a paper wallet. And much more.

The post Rumors of Exit Scam Swirl as Maplechange Loses Funds in Hack appeared first on Bitcoin News.



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The Daily: Outcry Over Censoring of Gab, Chinese State Media Plugs Bitcoin Book

In today’s edition of The Daily, we focus on the crypto community’s alarm over the de-platforming of a social media network in response to a shooting incident in the U.S. We also look at a recent Bitcoin book recommendation on a Chinese TV show, as well as a North Korean attempt to scam investors.

Also Read: New ‘Trust Machine’ Blockchain Film Tackles Politics of Technology

Paypal and Stripe Block Gab

Over the past two days, the Gab social network has been “no-platformed” by a handful of mobile app stores, web hosting providers and payment processors, in response to the murder of 11 people at a synagogue in Pittsburgh. The suspect in the mass shooting was a user of the service, which reportedly has been cooperating with investigators.

Paypal and rival payments processor Stripe have blocked Gab’s ability to receive funds since the shooting, even though they did not take similar action against Facebook, Twitter and Youtube after it was revealed that they had enabled terrorist groups to recruit new members on their own platforms. However, as a much smaller social network, Gab — which has publicly condemned the Pittsburgh atrocity — is not being given the same benefit of the doubt by Silicon Valley. In response, noted social media influencer CΓΈbra has called on freedom-loving cypherpunks and others in the Bitcoin community to stand behind Gab.

The Daily: Outcry Over Censoring of Gab, Chinese State Media Plugs Bitcoin Book

Chinese TV Show
Promotes ‘Mastering Bitcoin’

The Daily: Outcry Over Censoring of Gab, Chinese State Media Plugs Bitcoin BookA program on CCTV2, the economy-focused channel of state broadcaster China Central Television, recently recommended Andreas Antonopoulos’ book, “Mastering Bitcoin,” according to local media reports. Developments in the Chinese cryptocurrency community usually draw a lot of attention beyond the borders of the world’s second-biggest economy, which is home to numerous Bitcoin miners and investors, and this was no exception.

Controversy has erupted over claims that the program apparently changed the book’s title in Chinese to mention “blockchain” instead of “Bitcoin.” This has driven speculation among commentators about how the TV show might reflect the Chinese government’s current thoughts about the two terms. But beyond the title, the actual content of the book does not appear to have changed, according to Antonopoulos, who cited local sources.

The Daily: Outcry Over Censoring of Gab, Chinese State Media Plugs Bitcoin Book

Security Company Claims North Korea
Behind Cryptocurrency Scam

The North Korean government has long been suspected of using illicit means to secure cryptocurrencies for its own use. However, while most reports have pointed to evidence that the hermit kingdom is using hackers to steal funds — particularly from South Korean exchanges the regime has apparently resorted to other means, as well.

Recorded Future, a cyber-security company with offices in the U.S. and Sweden, said last week that it has discovered an asset-backed token-sale scam called Marine Chain, allegedly run by a Singapore-based “network of North Korea enablers.” The group behind Marine Chain claimed that it was an asset-backed cryptocurrency to tokenize sea vessels used and owned by different parties. Recorded Future has argued that the move into cryptocurrencies is a “natural” progression for the regime of Kim Jong-un, which is eager to identify new revenue streams in the face of strict international sanctions.

What do you think about today’s news tidbits? Share your thoughts in the comments section below.


Images courtesy of Shutterstock.


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.

The post The Daily: Outcry Over Censoring of Gab, Chinese State Media Plugs Bitcoin Book appeared first on Bitcoin News.



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Review: 7 of the Best Cryptocurrency Widgets for Webmasters



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Vitalik Buterin Applauses Apple for Privacy Efforts, Twitter Responds



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Lambda, a Blockchain Infrastructure Providing Unlimited Storage Capabilities, Partners with BitMax.io on Primary Listing



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BitcoinTV by Altcoin Daily on YouTube

Top 5 Crypto Performers Overview: Cardano, EOS, Ripple, Tron, Pundi X [Bitcoin News]
Hey Altcoin Daily Team!! Yes! You are gonna like this video. Today I want to talk about Bitcoin, China, Visa, Zcash, Vechain and Cardano. BIG THINGS ARE HAPPENING. Talk to us on Twitter here: https://twitter.com/AltcoinDailyio Newsflash: Canadian Bitcoin Exchange ‘Hacked,’ Says All Funds are Gone https://ift.tt/2CL8ZQB Dedicated Podcast for Cardano (ADA) to Launch in November https://ift.tt/2CKyfGA EOS Became The Most Used Blockchain https://ift.tt/2CDO1Db Tron [TRX] creates new transaction record with other developments pushing for mainstream adoption https://ift.tt/2yFYc7v Ripple Hires Key Player at Google as XRP Expands on Two New Crypto Exchanges https://ift.tt/2D91xzR Dubai residents can soon pay school fees, bills via blockchain payment platform https://ift.tt/2yBpI6b Twitter: https://twitter.com/AltcoinDailyio Like. Subscribe. #Cardano #Bitcoin #Crypto **NOT financial advice! Just opinion. Make your own decisions! **NOT financial advice! Just opinion. Make your own decisions! **NOT financial advice! Just opinion. Make your own decisions! bitcoin, cryptocurrency, crypto, altcoin, altcoin daily, blockchain, decentralized, news, best investment, ripple, ethereum, electroneum, tron, stellar, best altcoin buys, top altcoins, hodl, vechain, nuls, 10x, 100x, investment strategies, 2018, 2019, 2020, eos, stellar lumens, omisego, top altcoins October 2018, is it to late to invest in bitcoin, dogecoin, bitcoin etf, pundix, basic attention token, charles hoskinson, ripple, crypto podcast, crypto scam, crypto hack


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Emerging Technology Report: Blockchain

In this emerging technology trends report, an overview of the 2018 Blockchain Symposium is provided, including key insights noted by the 60 leaders ...

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Israeli Blockchain Startup Concludes $30 Mln Financing Round That Included Intel, Sequoia

Israeli blockchain startup StarkWare Industries has completed a $30 million financing round, generating funds from such industry players as Intel ...

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Chinese Banks Launch Blockchain Settlement Platform

Three Chinese banks have trialed a blockchain-based settlement system, completing their first payment last Friday. CEBNet, the news portal of the ...

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How One Project is Fighting Fake ICO Reviews Using AI and Blockchain

The Revain platform was launched in order to change the process of collecting reviews from customers, by means of blockchain technology.

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Oracle's quest to make blockchain disappear completely

Zavery indicated Oracle would next be developing blockchain apps for ... the blockchain label to everything, but rather make it disappear completely.

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Fujitsu in New, Blockchain-Powered Inter-Bank Settlement System Field Trial

Conduct a functionality trial of a digital currency as a new system for inter-bank settlement using blockchain technology, as well as to test the practical ...

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Crypto Investors Flocking To 'Blockchain Island' Malta In Droves

Malta has recently earned the name “Blockchain Island”, being the first jurisdiction in the world to adopt blockchain regulations - three in fact. And, the ...

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The Truth About Blockchain: Prove The Value

The hype surrounding Blockchain has set records both for the incredible level of noise and the revolutionary claims attached to this emerging ...

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XRP and Gates Foundation Create Pro Poor Payments Infrastructure
πŸ’°Get on the Waiting List ★ http://yen.io Can Cortana help? // GET THE APPS πŸ’° Social Exchange - http://yen.io πŸš€ Market Cap - http://coinpuffs.com πŸ’₯ Stay Woke - http://cryptoyum.com πŸ“š Free Email Course - https://ift.tt/2En44mC // GET STARTED πŸš€ Become a Cryptonaut - Support us on http://patreon.com/pub πŸ’» Join us at the PUB! - http://thebitcoin.pub πŸ’°Get a Coinbase Wallet! - http://dctv.co/dctv-coinbase - Sign up! // WE DO SOCIAL πŸ”‘ Decentralized Newsletter - https://dctv.co/dctv-news πŸ“” Twitter - https://dctv.co/dctv-twitter πŸ’» Google+ - https://dctv.co/dctv-googleplus ✏️ LinkedIn - https://dctv.co/dctv-linkedin πŸ’» Medium - https://dctv.co/dctv-medium Music by Charles Giovanniello, a Bitcoin Pub community member! Note: This is not financial advice as all investing is speculative. Have fun and good luck!


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Bitcoin Tim Says Price Will Go Up and We Don't Need Borders
πŸ’°Get on the Waiting List ★ http://yen.io Borders? Who needs them // GET THE APPS πŸ’° Social Exchange - http://yen.io πŸš€ Market Cap - http://coinpuffs.com πŸ’₯ Stay Woke - http://cryptoyum.com πŸ“š Free Email Course - https://ift.tt/2En44mC // GET STARTED πŸš€ Become a Cryptonaut - Support us on http://patreon.com/pub πŸ’» Join us at the PUB! - http://thebitcoin.pub πŸ’°Get a Coinbase Wallet! - http://dctv.co/dctv-coinbase - Sign up! // WE DO SOCIAL πŸ”‘ Decentralized Newsletter - https://dctv.co/dctv-news πŸ“” Twitter - https://dctv.co/dctv-twitter πŸ’» Google+ - https://dctv.co/dctv-googleplus ✏️ LinkedIn - https://dctv.co/dctv-linkedin πŸ’» Medium - https://dctv.co/dctv-medium Music by Charles Giovanniello, a Bitcoin Pub community member! Note: This is not financial advice as all investing is speculative. Have fun and good luck!


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DCTV Daily - MapleChange Exit Scam or Hacked? // Intel Creates SKYNET // Ripple United Exchange Moon
πŸ’°Get on the Waiting List ★ http://yen.io // GET THE APPS πŸ’° Social Exchange - http://yen.io πŸš€ Market Cap - http://coinpuffs.com πŸ’₯ Stay Woke - http://cryptoyum.com πŸ“š Free Email Course - https://ift.tt/2En44mC // GET STARTED πŸš€ Become a Cryptonaut - Support us on http://patreon.com/pub πŸ’» Join us at the PUB! - http://thebitcoin.pub πŸ’°Get a Coinbase Wallet! - http://dctv.co/dctv-coinbase - Sign up! // WE DO SOCIAL πŸ”‘ Decentralized Newsletter - https://dctv.co/dctv-news πŸ“” Twitter - https://dctv.co/dctv-twitter πŸ’» Google+ - https://dctv.co/dctv-googleplus ✏️ LinkedIn - https://dctv.co/dctv-linkedin πŸ’» Medium - https://dctv.co/dctv-medium Note: This is not financial advice as all investing is speculative. Have fun and good luck!


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Goldman Sachs Invests in BitGo for $1 TRILLION DOLLAR Crypto Wallet? - I Told You...
πŸ’°Get on the Waiting List ★ http://yen.io Go in on that Bitgo // GET THE APPS πŸ’° Social Exchange - http://yen.io πŸš€ Market Cap - http://coinpuffs.com πŸ’₯ Stay Woke - http://cryptoyum.com πŸ“š Free Email Course - https://ift.tt/2En44mC // GET STARTED πŸš€ Become a Cryptonaut - Support us on http://patreon.com/pub πŸ’» Join us at the PUB! - http://thebitcoin.pub πŸ’°Get a Coinbase Wallet! - http://dctv.co/dctv-coinbase - Sign up! // WE DO SOCIAL πŸ”‘ Decentralized Newsletter - https://dctv.co/dctv-news πŸ“” Twitter - https://dctv.co/dctv-twitter πŸ’» Google+ - https://dctv.co/dctv-googleplus ✏️ LinkedIn - https://dctv.co/dctv-linkedin πŸ’» Medium - https://dctv.co/dctv-medium Music by Charles Giovanniello, a Bitcoin Pub community member! Note: This is not financial advice as all investing is speculative. Have fun and good luck!


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Block O2O

NexChange is delighted to present Hong Kong Blockchain Week, taking place between 4-8 March, 2019. Set to be the largest blockchain event in ...

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StarkWare Raises $30 Million to Solve Blockchain Privacy and Scalability Issues

StarkWare, an Israel-based blockchain specialist which commercializes a zero-knowledge proof system, has secured $30 million from high profile ...

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Blockchain Demo

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Blockchain Technology and Decentralized Governance



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Chinese Retail Giant JD.com Launches Blockchain Research Lab

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Dubai launches Mideast's first govt-backed blockchain platform

LONDON: Dubai has partnered with technology giant IBM to launch the first government-backed blockchain platform in the Middle East, with the aim of ...

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Microsoft to Integrate Blockchain Offering Into Nasdaq Services Following New Partnership

American software corporation Microsoft will integrate its Azure Blockchain technology into stock exchange Nasdaq Inc.'s Financial Framework (NFF), ...

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Bitcoin's 10th Anniversary: What Does The Future Hold For Blockchain [In-Depth]

As we quickly approach Bitcoin's 10th year anniversary tomorrow, enthusiasts and critics alike have begun to analyse blockchain's evolution: from its ...

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GIES: Blockchain technology seen to boost global Islamic finance sector

DUBAI, 30th October, 2018 (WAM) -- The adoption of blockchain, artificial intelligence, cryptocurrencies and other advanced technologies are ...

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Blockchain Can Complement AI, IoT, Other Emerging Tech

The excitement and hype around blockchain may have died down, but some Federal IT leaders are looking to blockchain to complement other ...

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M2O brings blockchain pills to companies' headache

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Protecting the 'right to be forgotten' in the age of blockchain

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Microsoft And Nasdaq Partner For Blockchain Initiative

Microsoft is reportedly partnering with Nasdaq on blockchain, in which its Azure blockchain services will integrate with Nasdaq's Financial Framework.

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Nasdaq and Microsoft join forces to deliver blockchain services

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Smart Dubai, IBM Launch Dubai Blockchain Platform to Digitize Process & Services

Smart Dubai Office and IBM launched the Dubai Blockchain Platform, a system aimed at companies and Dubai citizens, helping them to automate and ...

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Infineon, Xain Partner to Develop Blockchain Applications for Cars

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Blockchain on Ice: Ledger Tech Enables Frozen Seafood Shipment

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A Virginia university is now issuing degrees on Blockchain

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Microsoft, Nasdaq Partner on Blockchain Services

Dina Bass (Bloomberg) -- Microsoft Corp. is partnering with Nasdaq Inc. on blockchain technology. Microsoft said its Azure blockchain services will ...

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Infinito Wallet Launches Multi-Blockchain API for Developers, Powering Easy and Efficient DApp ...

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BitcoinTV by Ivan on Tech on YouTube

Viral BITCOIN SCAM 2018/2019! Programmer explains.
Let's discuss the new Bitcoin scam and how hackers are literally making millions. πŸ’° GET $10 TO BUY YOUR FIRST CRYPTO: https://ift.tt/2Da9nsV πŸ“ˆ BEST ALTCOIN EXCHANGE: https://ift.tt/2JoMHFE πŸ” BEST WALLET: https://ift.tt/2Da9nZX https://ift.tt/110oNVm https://ift.tt/2JskPk8 πŸŽ“ LEARN SMART CONTRACT PROGRAMMING https://ift.tt/2I1W7pv πŸŽ“ Join my online academy https://ift.tt/2kwM4O6 πŸ‘¬ Join the crypto discussion forum - https://ift.tt/2I5CPP9 πŸ“£ Join Telegram channel https://ift.tt/2s7XOOe 🎀 If you would like me to speak at your conference, book me here: https://ivanontech.com #bitcoin #blockchain #ivanontech πŸ‘«πŸ‘­πŸ‘¬Social: LinkedIn: https://ift.tt/2hNKFkY Instagram: https://ift.tt/2yQNZqC Steemit: https://ift.tt/2qoVi3h Facebook: https://ift.tt/2fo4DT9 Exclusive email list: https://ift.tt/2x6dWkj πŸ’° Secure your Crypto with Hardware Wallets: Ledger: https://ift.tt/2vcPYmJ Trezor: https://ift.tt/2k1nf06 DISCLAIMER: This is NOT financial advice. This is just my opinions. I am not responsible for any investment decisions that you choose to make. Ivan on Tech is all about cryptocurrencies and the technology behind Bitcoin, Ethereum, Litecoin, Ripple, IOTA. We also cover Bitcoin price, altcoin price, investing, analytics, different altcoins. Ivan on Tech by Ivan Liljeqvist


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Happy Birthday, Bitcoin! A Letter From Ross Ulbricht

ross btc10

Happy Birthday, Bitcoin!

Bitcoin is turning ten, and like many of us, I feel like a proud parent, having watched it grow into its potential over the years. I guess I’m the estranged father in prison though, who can’t be there to help raise his kid.

Bitcoin: Mommy, when’s Daddy coming home?

Mommy: He’ll come home as soon as he can, sweetie.

Bitcoin: Why did he leave us, Mommy?

Mommy: I’ll explain when you’re older. Now run along and play blockchain with the other cryptos.

Bitcoin as a 10-year-old kid is not a bad analogy. The technology is still very young, still growing. It’s been shooting up like a weed and been through some growing pains, but it’s barely a pre-teen and has the rocky road of adolescence still ahead. It’s something we all have to go through to mature into adults, to discover who we are, and Bitcoin is no different.

We will see in the years ahead what Bitcoin is capable of, how it will be used, and the impact it will have on our world. I have high hopes that our gifted child will exceed everyone’s expectations and go on to greatness, but it is still a child that must be nurtured and protected.

Bitcoin needs us to continue guiding it with the values it was founded on, that gave it its potential. We must keep our focus on decentralization, privacy and empowering individuals. We are Bitcoin’s advocates and representatives. How far it goes and what it becomes in the crucial years ahead will depend on us. It is a technology with the power to make abstractions like peace and equality into reality. But it’s up to us to embody such ideals and be role models for the ever-growing Bitcoin community and for Bitcoin itself.

I’m so excited for what’s to come in the next ten years, for Bitcoin and all of its crypto cousins. I just hope I can come home and make up for these lost years and show everyone where my heart truly is.

Ross original 1-2

Ross letter original 3

This is a guest post by Ross Ulbricht. It was shared, with permission,  with Bitcoin Magazine by Ross's mother, Lyn Ulbricht. To learn more about Ross, sign his petition for clemency, and support the campaign to free him, please visit freeross.org. Follow @free_ross, @RealRossU and the #freeross hashtag on Twitter. Visit Free Ross on Facebook and freerossulbricht on Instagram.


This article originally appeared on Bitcoin Magazine.



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Bitcoin Price Analysis: Weekly Consolidation Hints Toward Sustained Breakout

Bitcoin Price Analysis

Another week has passed as bitcoin continues to coil in a tighter and tighter consolidation. Both price and volume continue to consolidate as bitcoin decides where the next major move will be. A trend of higher lows and lower highs shows a balance of both supply and demand, but ultimately one will win out:

fig1Figure 1: BTC-USD, Daily Candles, Macro Consolidation

To gain a perspective of *just* how tightly wound the market is, a great tool analysts often use are Bollinger Bands (bbands). Bbands are a visual representation of forecasted volatility. If the bands are squeezing, there is a forecast for increased volatility in the future. Conversely, if the bands have already expanded and are beginning to round/bulge, there is a forecast for decreased volatility. In our case, on the weekly candles, the bands are squeezing tighter than they have in several years:

fig2Figure 2: BTC-USD, Weekly Candles, Bollinger Band Squeeze

During the bull run, we could see a very clear trend of support being found on the bband midline for several years. However, at the beginning of our bear market, the midline has continuously proven itself to become resistant to every single rally over the last few months. However, as the price begins to consolidate further and further, the midline has drawn itself within striking distance, while the price trend has established a series of higher lows.

Even though a breakout has yet to happen, there are some early signs we can keep an eye out for, using the weekly Bollinger bands. I believe this next move will be a strong, sustained move that will paint the course of the market for months to come.

It’s very easy to get lost in the weeds while trading bitcoin because it is so volatile on low timeframes, but if you look at the bigger picture on daily and weekly candles, we can see the strength of the trend.

One early sign of a directional breakout is when the bbands begin to expand again. As I stated earlier, bbands are a visual representation of consolidation and can forecast volatility. If the bbands begin to expand, that is an indication that the volatility has chosen a direction and will likely continue in that direction until the bbands round/bulge — thus indicating a forecast for decreased volatility until it consolidates once again.

An early sign of a bullish trend reversal will be on the close of the weekly candle. If bitcoin can manage to close above the weekly midline, that will be a sign that we have broken resistance.

However, it’s important to note that just because we close above the midline doesn’t mean we *must* continue. The next candle (the one following the candle close above the midline) will give us more information. If we can establish two consecutive candles closing above the weekly midline, this will be a definite change of character for our trend as we have yet to see two consecutive closes above the midline:

fig3Figure 3: BTC-USD, Weekly Candles, BBands Midline Rejections

Summary:

  1. Bitcoin continues to wind tighter and tighter as both price and volume consolidate in a sideways fashion with both higher lows and lower highs.
  2. On a macro scale, the consolidation can be visualized using weekly candle Bollinger Band trend. We are currently the most consolidated the market has been in several years and the breakout of this consolidation with undoubtedly be a strong, sustained move..
  3. Early signs of a breakout direction will be found with the BBand trend on the weekly candles. If the weekly candles can manage to close above midline of the BBands and, most importantly, find support, this will be a strong sign of a change of market character on a macro scale.

Trading and investing in digital assets like bitcoin and ether is highly speculative and comes with many risks. This analysis is for informational purposes and should not be considered investment advice. Statements and financial information on Bitcoin Magazine and BTC Media related sites do not necessarily reflect the opinion of BTC Media and should not be construed as an endorsement or recommendation to buy, sell or hold. Past performance is not necessarily indicative of future results.


This article originally appeared on Bitcoin Magazine.



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Standardized Specifications for Enterprise Version of Ethereum Announced

EEA new specs: Devcon 4

On October 29, 2018, the Enterprise Ethereum Alliance (EEA) announced in Prague at DevCon 4 two new software specifications that will help businesses standardize future code developments on an enterprise version of the Ethereum blockchain.

The first specification, Client Specification V2, defines the implementation requirements for Enterprise Ethereum clients, including interfaces to the external-facing components of Enterprise Ethereum and how they are intended to be used.

The standardization of performance, permissioning and privacy demands of enterprise deployments are viewed as a necessary step by the EEA in order to help the growing number of vendors developing Ethereum clients to ensure that different clients can communicate with each other and all reliably work on an enterprise Ethereum network.

EEA Executive Director Ron Resnick stated that “using the EEA Specification, Ethereum developers can write code that enables interoperability, thus motivating enterprise customers to select EEA specification-based solutions over proprietary offerings”. It should be noted that, while Ethereum has been basis for the majority of enterprise blockchain projects, 2018 has also seen developments using Cardano, EOS, QTUM and TRON, among others.

Aside from digital currency, enterprise or platform tokenization remains a hotbed for blockchain-based startups, with the vast majority of those needing an ecosystem where users can change the software they use to interact with a running blockchain, disambiguating the need for single-vendor support.

The second specification, Off-Chain Trusted Compute Specification V0.5, specifies enabling APIs that support private transactions, allowing offloads for compute intensive processing and permitting attested oracles. The EEA believes these objectives can be achieved by executing some parts of a blockchain transaction off the main chain in an off-chain trusted compute. The EEA currently endorses three types of trusted compute for this specification including a trusted execution environment, zero knowledge proofs and trusted multi-party compute.

Both specifications were lauded by Brian Behlendorf, executive director of Hyperledger, who lent his support to the announcements. The EEA and Hyperledger joined each other’s organizations as associate members on October 1, 2018.

Behlendorf stated, “We are pleased to see the EEA reach and release its V2 and Off-Chain Trusted Compute V.05 specifications. Both organizations believe standards, specifications and certification all help with the adoption of enterprise blockchain technologies by helping customers commit to implementations with confidence …”

The new specifications are backed by the EEA’s 500+ global membership, notably including banks like Santander and J.P. Morgan Chase; blockchain startups like blk.io; and traditional tech companies like Accenture, Intel and Microsoft.

This article originally appeared on Bitcoin Magazine.



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Distributed Dialogues: Political Censorship in China

Distributed Dialogues: Political Censorship in China

On the latest episode of Season 2 of Distributed Dialogues, the hosts took a deep dive into the state of political repression in the People’s Republic of China. Interviewing experts and dissidents at the Oslo Freedom Festival, this thorough examination of Chinese political life combines insight and research with the real, lived experiences of people in the nation.

The podcast episode compared two people’s interactions with the state machines of China, one of whom was a U.S. citizen working as a journalist in China, the other a Chinese dissident made to flee his country. The journalist, Megha Rajagopalan, claimed that despite Western conceptions of Chinese political life, most citizens are “not concerned about the lack of freedom of speech.”

Technologies with the power to harm human freedoms are developed and deployed in countries with a strong emphasis on protecting these freedoms, but then they are “exported to other parts of the world where things like the rule of law and privacy rights aren’t very developed, with disastrous consequences.”

To showcase some of these consequences, this experience with modern China is intercut with the life of Fang Zheng, a promising Chinese athlete who was run over by a tank and lost both of his legs in the Tiananmen Square protests. Ever since then, his desire to represent his country as an international paralympic athlete has been subverted, and the government hounded him with more and more sophisticated methods over the years.

The episode serves as a documentary on the state organs of Chinese political repression, a well-researched examination into the context and effects of this ossified state power. However, the episode is not entirely bleak, as it also involves a look into how blockchain technology can evade China’s Great Firewall.

Justin Hunter, the founder of Graphite, talks about his censorship-resistant decentralized information storage, that can allow citizens to keep data without any government holding the ability to subpoena. A small measure at a glance, the very existence of information outside of government control is still a revolutionary act.

Topics in Distributed Dialogues Season 2 will continue to address human rights violations around the world and to bring in a number of experts who will describe these offences in stark detail. To listen to the full episode, as well as other episodes as they become available, visit the LTB Network.

This article originally appeared on Bitcoin Magazine.



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Crypto Platform Coinbase Secures $300 Million in Series E Funding Round

Coinbase Secures $300 Million in Series E Funding Round

Popular cryptocurrency exchange Coinbase has raised a fresh $300 million in a Series E financing round, bringing the company valuation to $8 billion.

Coinbase plans to use the funding to "accelerate the adoption of cryptocurrencies," as it plans to remain the "entry-point into crypto" for millions of investors, according to a published blog post.

The new investment round was led by investment firm Tiger Global with Y Combinator Continuity and Andreessen Horowitz, with others participating. In August 2017, Coinbase was valued at $1.6 billion, after receiving a $100 million from a Series D round led by Institutional Venture Partners investors (IVP).

Rumors of the funding had turned up in early October with Mike Novogratz, the CEO at cryptocurrency-focused merchant bank Galaxy Digital, arguing that the rumors added legitimacy to the cryptocurrency market.

“Here’s the poster child of the crypto space worth $8 billion — that’s a real company, and Tiger’s not a flake of an investor. These are smart, savvy guys,” he had stated at a finance conference, at the time.

“We see hundreds of cryptocurrencies that could be added to our platform today, and we will lay the groundwork to support thousands in the future,” Coinbase Chief Operating Officer Asiff Hirji remarked in the post.

It will also build its infrastructure to support regulated, fiat-crypto trading across the world, such as the launch of British pound sterling (GBP) trading pairs on Coinbase Pro and Prime.

The digital asset platform also plans to focus on “utility applications” for cryptos such as the launch of its USDC stablecoin, fully collateralized by the U.S. dollar and supported by Coinbase and blockchain firm Circle.

Based on a Fortune report, Coinbase has been mostly profitable, but the slump in crypto prices has affected trading volumes on exchanges across the board. Reduced trading volumes equate to reduced fees, which has driven the company to search for alternative sources of revenue.

Flush with cash, the platform will have its eyes on the custodial fees from institutional investors whose cryptocurrencies are kept with the digital asset platform. The platform also announced the addition of a wide range of crypto assets for its custodial services in August 2018 and the launch of a suite of tools and services that institutional investors can rely on when trading crypto.

“We see Coinbase’s growth as validation that the ecosystem will only continue to grow in size, influence, and impact — ultimately ushering in a more open financial system for the world,” Hirji concluded.

This article originally appeared on Bitcoin Magazine.



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Bytom Is Connecting Physical and Digital Assets - [BTC Media Sponsor]

Bytom Thumb

Assets of all stripes have long been recognized for their value in building wealth, paying debts and meeting both short- and long-term commitments. But now, with the exponential growth of computing power and big data, the value of strictly digital assets has all but eclipsed the traditional physical assets that were long the cornerstone of personal wealth.

As such, there is a growing need for projects that can connect the worlds of traditional physical assets and cutting-edge digital ones, thus providing the best of both worlds.

A key player in this movement to move real-world assets into the digital world is a project known as Bytom. With an eye on rapid advancements taking place in the world of blockchain technology and artificial intelligence, this nearly 2-year-old project aspires to become the collision point between the old and new school.

Bytom is a blockchain protocol of multiple byte assets that serves as an engine for the exchange and interaction of real-world assets. Its target market includes blockchain industry insiders and enthusiasts, big data and AI industry stakeholders and institutions and individuals seeking to build financial and digital asset applications. 

Launched in January 2017, Bytom was conceived by Chang Jia, creator of 8btc, and Duan Xinxing, former vice president of OKCoin. The Bytom Foundation is located in Singapore, a country ripe with favorable laws for blockchain development. This factor plays a key role in the accelerated growth of Bytom’s ecosystem. 

Congruent with its broader aims, Bytom seeks to address a number of key compliance issues around linking digital assets with physical assets by aggressively improving and optimizing the underlying technology that drives this process.

The Bytom blockchain consists of three types of asset categories for exchange:

  • Income assets, including nonperforming assets, fixed local government investments and homestay properties
  • Equity assets, which encompass equity of nonlisted companies and equity of private funds
  • Securitized assets like debts and automobile loans

The Bytom protocol allows these assets to be tradable on-chain, while eliminating middlemen who are traditionally involved in asset transfers and recordkeeping. This has led to faster transactions and lower costs. Moreover, the blockchain allows for greater security for these assets than would be achieved if they were with a third-party organization.

Users have the ability to create asset-backed securities on the Bytom blockchain through the use of smart contracts, allowing them to register and tokenize their assets. The platform can also be utilized for fundraising or initial coin offering (ICO) campaigns.

The Bytom Blockchain and Token

The Bytom blockchain protocol is an interactive protocol of multiple byte assets. Its native token, known as “BTM,” is used as a transaction fee for asset trading, income asset dividends and for asset issuance deposits. These coins can be stored in Bytom’s official wallet, which is available for download on Windows, Linux and macOS.

With the maximum number of Bytom tokens set at 2.1 billion, over 1 billion BTM coins are already in circulation. These coins can be purchased with other cryptocurrencies on several exchanges, such as RightBTC, Huobi, OKEx, KuCoin and Bibox.

Bytom finished its token sale in June, 2017.  Thirty percent of the total supply was distributed during the ICO, with another 20 percent reserved for the Bytom Foundation.  Ten percent was set aside for business development, 7 percent for private equity investors and 33 percent for mining efforts. 

Strategic Milestones and the Path Forward 

The Bytom mainnet was officially launched on April 24, 2018. In June of 2018, a token swap of ERC-20 Bytom tokens for the native Bytom coins took place across several exchanges. Bytom then released its smart contract functionality in late June. 

Amid this flurry of progress, a partnership was formed with East Lake Big Data Asset Exchange, an organization involved in delivering big data solutions for Chinese government agencies. East Lake is collaborating with Bytom to bring new innovations to blockchain platforms and data assets trading.

And, in a practical use case, Bytom facilitated the world’s first cargo shipment with BTM as online payment in conjunction with SeaRates, the oldest resource dedicated to online logistics. By way of this collaborative endeavor, a shipment from China to South Korea was successfully executed through the use of BTM. 

SeaRates now utilizes Bytom to execute transactions with precision and efficiency. As a result, BTM has the distinction of being the only cryptocurrency supported by SeaRates for online payments tied to logistics and international trade.

“The launch of Bytom comes from a real need in the community,” said CEO Duan Xinxing. “8btc was one of the earliest cryptocurrency and blockchain communities and forums. Many early writers and audiences of 8btc have become pioneers and leaders in this industry now. But despite having developed various successful public chains, alliance chains and private chains, they encountered the same problem, that is, assets and interests can only be operated on separate chains and cannot interact with each other, let alone interact with traditional assets in the real world.”

Xinxing added that, in order to realize the interaction between different digital assets in the atomic byte worlds, Chang Jia and he decided to launch Bytom.

“First, we want to optimize the underlying technology, in order to ensure a more stable operation of Bytom’s mainnet,” he said. “Second, we’re aiming to create a better support mechanism for developers through a more convenient smart contract and programming language support. Finally, our hope is to expand the developer community and the business cooperation community.”

Note: Trading and investing in digital assets is speculative and can be high risk. Based on the shifting business and regulatory environment of such a new industry, this content should not be considered investment or legal advice.

This promoted article originally appeared on Bitcoin Magazine.



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BITCOIN (BTC) blockch✂️ain FORKS

πŸš§πŸ›‘πŸš§πŸ›‘πŸš§πŸ›‘πŸš§πŸ›‘πŸš§πŸ›‘πŸš§πŸ›‘πŸš§πŸ›‘πŸš§ Bitcoin Cash:  Forked at Block 478558, 1 August 2017, For each 1 BTC you get 1 BCH Bytether:  Cross for...