CoinMetro Hosts AirDrop Campaign To Augment Presence

CoinMetro is hosting an Airdrop Campaign which is currently underway. Qualified supporters will receive 68 XCM, which includes any presale or public sale participants. New participants can also join but must donate 1 XCM or a minimum of 1 ETH or equivalent in order to qualify.

Airdrop Process

In addition to either donating or being a participant in the presale or public sale, users must go through KYC procedures, a process that can take up to 30 days to verify. While the airdrop ends April 15th, participants should expect tokens to be sent to their wallets sometime between June 20th and July 1st.

The airdrop is open for the first 10,000 who apply, so if all the participants of the presale and public sale enter, this leaves little space for new participants. Those interested in looking to join the airdrop campaign should do so soon.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/coinmetro-hosts-airdrop-campaign/ (edited)

Crypto Exchange Binex.Trade Introduces Revenue Sharing Token

New cryptocurrency and digital asset exchange Binex.Trade will be introducing its own utility token that will allow its platform users to share in the revenue generated by crypto trading activities.
The BEX utility token will be an ERC20 compliant token based on the mature Ethereum network, which will entitle its holders to receive a share of trading commissions generated from the buying and selling of cryptocurrency on its exchange.
Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/binex-trade-introduces-revenue-sharing-token/

EU Parliament Approves Tougher Rules on Prepaid Cards and Cryptocurrencies

MEPs with the majority of 574 votes to 13 votes, with 60 abstentions on Thursday, the European parliament has reached an agreement to impose closer regulation of cryptocurrencies.

A December 2017 agreement with the European Council that was forthputting the total closer regulation of cryptocurrencies to prevent their continuous abuse in money laundering and terrorism financing has finally found support from European Union parliament members in a vote and this was communicated in a press release.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/eu-parliament-approves-tougher-rules-on-cryptocurrencies/

IPSX Launches Demo, Secures Exchange Listings on Qryptos and Bibox, and Announces New Partnerships

IP address marketplace based on the blockchain, IPSX, has set a trailblazing pattern for success, achieving significant milestones in record time, quickly establishing itself as one of the most outstanding projects to emerge in the alternative cryptocurrency market.

Following its successful token generation event in early March that saw the Swiss-based tech firm raise over $8 million, IPSX is well on its way toward making its native IPSX token accessible and available to cryptocurrency users and traders across the globe.

It is now freely available to buy, sell and exchange on Quoine’s digital cryptocurrency exchange and trading platform, Qryptos Exchange. As the first international exchange to receive an official license by Japan’s Financial Services Agency, Qryptos has made a name for itself as a leading fintech provider of blockchain related trading, exchange and modern financial services.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/ipsx-announces-new-partnerships/

Cryptics Platform Predicts Cryptocurrency Rates with 70%+ Accuracy

Cryptics is a blockchain based startup from Estonia that looks to help mitigate some of the risks that come with trading cryptocurrencies in today’s market.

Stories of people becoming rich from a forgotten wallet file or a sudden surge in the price of cryptocurrency are commonplace within the cryptocurrency sphere, but so are stories of one wrong trade that led to extreme losses as well.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/cryptics-predicts-cryptocurrency-rates/

The biggest US bank, JPMorgan Chase & Co tested a new blockchain platform for issuing financial instruments together with the National Bank of and other giant firms seeking to streamline origination, interest rate payments, settlement and many more processes.

The test involved issuance of $150 million of a one-year floating rate Yankee COD together with a “simulation” of the issuance on the blockchain as per the announcement. The Yankee COD allured other leading institutional investors which includes Goldman Sachs Asset Management (GSAM), a Legg Mason subsidiary Western Asset and Pharmaceutical giant Pfizer.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/jpmorgan-test-blockchain-debt-issuance/

Blockchain has firmly secured its status of a buzzword for numerous industries. Some reported instances when simple adding of the word ‘blockchain’ to the title of a company caused its stocks to triple their value.

However, buzzword or not, it is spreading, and more and more projects pop up using blockchain not as a clickbait but as a foundation for the very service they offer. While some of them seek to compete with existing centralized services, others make the full use of decentralization and create (or try to create) something that wasn’t possible even ten years ago. Here are some of those projects.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/blockchain-projects-that-can-make-your-life-easier/

A Popular Computer Game Predicted the Invention of Bitcoin Back in 1990

The bitcoin price fluctuations capture headlines now and then. A popular worldwide payment system was invented in 2009 by the so-called Satoshi Nakamoto. A Reddit user has recently discovered a prediction of bitcoin’s creation in the role-playing video game Final Fantasy III released in 1990.

“When your favorite game hinted that you should have bought bitcoin before it even existed in 1994,” the user entitled his post.
On the 16th of April a user under by name of 13entley posted on Reddit, a social news website, a note claiming he had found a hint of bitcoin technology in a Japanese video game, created by Square.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/computer-game-predicted-invention-of-bitcoin/

Given the risks associated with money laundering, one of the largest companies on the American financial market, Citigroup, has decided to hire a couple of cryptocurrency-educated workers. Potential candidates possessing a so-called Bitcoin Professional Certification (BPC) are of greater preference.

The senior vice president “will support the Global Head of AML Monitoring Risk Management-Emerging Risk by identifying, analyzing, and implementing AML transaction monitoring risk programs related to developments in cybersecurity, cryptocurrency and emerging payment technologies, products and methods,” the job ad posted on LinkedIn said.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/citigroup-started-headhunting-bitcoin-pros/

Blockchain Turning the Gambling Industry Upside Down

The Gamblica platform will be offering wide range of gambling activities: roulette and slot machines, poker room, sports betting – all running on completely transparent and secure smart contract system.

The online gambling market is growing approximately 9% per year. If you want numbers, it's about $5bn annually. For a market that big, the quality of services provided is surprisingly low.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/blockchain-turning-gambling-industry-upside-down/

Under the Impact of Facebook Privacy Crisis, Can String Chain Turn a New Page of Social Networks?

String Chain is a project based on the infrastructure development of ONT (Ontology Network), using blockchain technology to provide problem-solutions and algorithm optimization to social media platforms.

String Chain offers an open decentralized social technology which solves the problems and challenges the social community faced with through reliable identity authentication technology, privacy protection technology based on game theory, virtual currency incentives, and smart contracts. While the newly entered social platforms can develop decentralized DAPP based on String Chain technology, the traditional social platforms can also upgrade their technology through String Chain.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/under-impact-of-facebook-privacy-crisis/

Cryptocurrency proved profitable for people who decided to invest in it from the onset. Over the years, however, several large companies have engulfed the mining market and many individuals no longer find it profitable. Many people miss the benefits of mining now simply because it involves deep knowledge and instruments.

All this was a problem before the introduction of Advanced Miners’ ICO. The company introduced their ICO with ASIC on a 12nm chip. This ASIC yields 28Th twice as much as the S9. One interesting fact about this is that it yields at almost the same price and consumption.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/advanced-miners-announces-ico/

Solareum Announces New Renewables Platform and Token Sale

Green energy tech startup Solareum has announced plans to introduce a new blockchain-based platform that will be a cryptocurrency supported marketplace for renewable energy.

With a website already live, cryptocurrency enthusiasts can now take a peek into the future of renewable energy trading, where every day users can purchase green energy products, and claim back tokens as a reward for using alternative, cleaner sources of energy.

With ambitions to be one of the leading service providers of renewable energy over a secure blockchain marketplace, Solareum hopes to be the “Amazon of Renewables” for both businesses and retail users. Backed by major green energy contractors and companies, the Lichtenstein-based firm is ready to expand the service and product horizons for businesses, while offering cheaper alternatives to everyday consumers.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/solareum-announces-new-renewables-platform/

After the First US Transaction, Propy Announces an Open Source Developer Program

California-based blockchain startup Propy, is bringing the commercial use of blockchain technology to the US. After facilitating the first US Blockchain-based real estate deed in Vermont, Propy announced a new open source Developer Program.

The idea behind Propy: it allows anyone to buy or sell real estate, anywhere, online. Propy provides an efficient crypto and fiat payment and an immutable record on the blockchain, ensuring that title deeds and property rights will be there forever.

In March 2018, the San Francisco based firm completed its very first government-sanctioned use of blockchain for a public service in the US. That is, in fact, their second global achievement, after the first ever purchase of property using blockchain in Kiev, Ukraine, back in September 2017.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/propy-announces-open-source-developer-program/

2018 will be known as the year of cryptocurrencies. Their unprecedented rise to fame has left some traditional financiers and financial institutions so shocked by this feat that they have turned blue in the face. As more and more moms and pops get involved and crypto goes mainstream, the world is getting used to the idea that digital assets that hold real value are here to stay.

Since the conception of Bitcoin in 2009, crypto has come along way. As public opinion began to shift away from Bitcoin being some strange kind of “internet money” used by online drug peddlers and terrorists, the first ever cryptocurrency has reached astronomical value and made manny millennium millionaires along the way. After Ethereum made ICOs possible, every man and his dog rushed to cash in, launching their own coins to raise capital for projects that really are pie in the sky.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/cryptocurrencies-will-rise/

The issue of content piracy is probably the most frequently mentioned problem in today’s digital world. While often referred to as a victimless crime, piracy strips copyright holders of billions of dollars yearly.

While certain measures to tackle piracy are being introduced, such as torrent tracker bans and DRM, piracy doesn’t seem to go away. Such measures have been enforced for decades now without any substantial results, and we must begin to question their relevance. Moreover, studies show that anti-piracy measures are fundamentally flawed and do not address the issues that bring piracy about in the first place.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/blockchain-can-overcome-piracy/

IMF chief Christine Lagarde Has Supported the Implementation of Cryptocurrency

Fluctuations in the cryptocurrency market continue to happen. Bitcoin’s price, as well as other cryptocurrency prices, have recently increased. The move is seen as a result of IMF boss Christine Lagarde’s new perspective on the blockchain technology behind digital currencies.

The head of the International Monetary Fund (IMF), Christine Lagarde, who earlier stated crypto coins were dangerous, as they can be used for money laundering or terrorist financing, softened her position. In her blog on the official website of the IMF, she expressed confidence in the benefits of trading coins and the prospects of blockchain technology. Christine Lagarde also noted that the financial technology enabled a quick and cheap transfer of any amount of money and foreign transfers could be conducted in seconds.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/imf-chief-supported-cryptocurrency/

Lithuania Plans to Allow Activity of Virtual Limited Liability Companies

Virtual Limited Liability Companies (VLLCs) working on blockchain technology will be launched in Lithuania. The country considers the possibility of allowing entities from different parts of the world to register and operate their fintech companies there. A draft has been already processed by the Lithuanian Centre of Registers.

“Physical borders between countries are becoming a thing of the past. This ambitious project is the next logical step for Lithuania, given our track record in the field of fintech,” says Ieva Tarailiene, acting director general of the Lithuanian Centre of Registers.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/lithuania-to-allow-virtual-limited-liability-companies/

Cryptocurrency exchange Kraken, with headquarters in San Francisco, announced on Tuesday, April 17, that it has stopped its activity on the Japanese financial market because of the high operation cost there. However, the company hinted it could come back, with Japan being one of the world’s biggest bitcoin trading centres.

“Suspending services for Japan residents will allow us to better focus on our resources to improve in other geographical areas,” the company said in a statement.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/kraken-to-quit-japanese-cryptocurrency-market/

NASA Initiates Ethereum Blockchain Technology Research for Space Communications and Navigation

The National Aeronautics and Space Administration (NASA) in collaboration with the research University of Akron (UA) in Ohio, USA, just commenced a new research program that will investigate practical applications of Ethereum-based blockchain technology for space communication and navigation.

Ethereum is a decentralized platform that runs smart contracts. Applications are run exactly as programmed without the interference of downtime, censorship, fraud, or third-party interference. These apps run on blockchains that are custom built as a global infrastructure. The main advantage is that developers can create markets without a middleman or other risks.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/nasa-initiates-ethereum-blockchain-technology-research/