[ANN] ROTHSCOIN

[Halono]

I am very confident that your project will succeed because I see in the announcement of the project is very promising and I will see the progress before I enroll myself in bounty twitter from this project

[1714068603]

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[1714068603]

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[1714068603]

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[1714068603]

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[yvesmarquez11]

I am reviewing the project documents for about 4 hours. It looks like a very comprehensive project, I will invest a little for ICO. Does Elon musk really support this project?

[RothsCoin]

China strengthens digital currency management to protect the Yuan

At the 2018 national video conference dedicated to the achievements and major challenges facing the Chinese monetary system, the PBoC Deputy Governor, Mr. Fan Yifei has set the goals of protecting Yuan against the “unofficial” cryptocurrency.

Although no specific policy or regulation against crypto offered in the statement, the position taken by Fan and PboC stance is a sign of a strict policy on decentralized forms of payment.

China has taken a series of steps against digital currency trading, adding foreign and domestic digital trading platforms to its Great-fire-Wall, China also banned ICOs and related websites, as well as freezing a number of accounts used in Cryptocurrency trading. As China carries out these hardline policies, traders have fled to other markets with softer regulations toward cryptocurrencies such as Hong Kong and Japan.

Rothscointeam

[RothsCoin]

Monex officially take over Coincheck

On 6 April 2018, The Japanese newswire - Nikkei Asian Review reported that the Cryptocurrency Exchange Coincheck has accepted an offer of acquiring a majority stake in a “billions of yen” deal from Japanese biggest online brokerage firm - Monex. This could be a huge change for CoinCheck’s management system while recovering from losing $ 530 million worth of NEMs in January - the biggest Cryptocurrency theft of all time.

This move taken by Monex has shown its belief in the potential of blockchain in online brokerage operations.

The detail numbers and form of investment are still in process. Till now, only the agreement’s terms and conditions were announced.

Coincheck founder - Koichiro Wada, and its chief operating officer (COO) - Yusuke Otsuka, will resign as soon as the exchange receives the investment from Monex as acquisition fee. Monex Chief Operating Officer - Toshihiko Katsuya would hold the position of Coincheck's new chairman. His experience in managing Monex has made him a perfect choice for the president to rebuild the trading platform after the $530 million theft.

Crypto exchange Coincheck has begun refunding customers who lost NEM in the Jan. hack, as well as received two improvement orders from Japan’s Financial Services Agency (FSA). The While FSA has issued licenses for 16 domestic trading floors, Coincheck was not one of them. This Tokyo-based trading floor is still using a custom license of FSA in which to control its contract with Monex. Also, The FSA will decide whether Coincheck qualifies after reviewing its operations under Monex.

#Rothscointeam

[RothsCoin]

Changing the website’s domain name
........................................
Dear Rothscoin investors,
In order to increase the transaction speed on our website as well as ensure the system security, we would like to deliver the announcement related to our changes in domain name as follows:
From April 09th, 2018, the domain name http://rothscoin.io will not be available any longer. Instead, we would like to migrate our website to http://rothscoin.com. If you wish to access our system, please visit our website in the new domain for faster transaction and information update. We hope that the investors would obtain this piece of information as soon as possible.
Regards,

Rothscoin team.

[supernva]

So skam or not?

[bilrunodo]

Hey i like the idea of this project, looking foward to this project to evolve and improve much more in the near future and i wish this project a big success.

[RothsCoin]

Bitcoin prices may drop by the 17th this month

At the moment, cryptocurrency markets are still looking bleak, Bitcoin specifically stands at $6.924,57.

As we know the IRS are clamping down on the taxation of cryptocurrency assets in the wake of the 2017 and therefore the IRS are expecting many returns from people who benefited from the market boom. They have calculated that there is around $25billion worth of capital gains which are taxable within the USA.

Matthew Frankel stated that “Many people who made lots of money on cryptocurrencies in 2017 likely don’t have the cash on hand to cover their capital gains taxes, so they may need to sell additional cryptocurrency holdings in order to raise the cash to pay the IRS. Considering that the entire (worldwide) cryptocurrency market cap is currently $258 billion, the $25 billion in possible U.S. capital gains tax liability is a relatively large amount of money.”

Rightfully, Frankel describes that this isn’t the case for everyone. However, the key thing to take away from this is that if indeed Frankel is right, there will be a big sell off, of Bitcoin, and other cryptocurrencies very soon. Since it takes a few days for currencies to move through exchanges, many of these transactions may have already been established so the sell off could all happen at once. This may have quite a big impact on the value of cryptocurrencies, specifically with Bitcoin in mind.

Rothscoin team.

[RothsCoin]

Bitfinex introduces trading for 12 new tokens
..........................................................................
Bitfinex- the largest Bitcoin exchange in the world-is excited to introduce trading for a diverse set of 12 tokens, each focused around strengthening the impact and capacity of decentralized technologies.

Trading has been enabled for the following tokens: Aion (AION), IOSToken (IOST), Request Network (REQ), Raiden Network (RDN), Loopring (LRC), BnkToTheFuture Token (BFT), Cofound.it (CFI), Wax (WAX), SingularityNET (AGI), MedicalChain (MTN), Odem (ODEM), Dai (DAI).

All tokens can be tradable against Bitcoin (BTC), Ethereum (ETH) and USD.

Rothscointeam.

[RothsCoin]

Binance announces its third quarterly burn of $30 million BNB on April 15th, 2018

On April 15th, 2018, Binance - the largest cryptocurrency exchange in the world- completed its burn of 2,220,314 BNB (roughly $30 million equivalent) in the Third quarter.
Why did Binance burn its tokens? In order to push up BNB price, Binance has planed to burn its tokens on a quarterly basis and spend 20% of its profit to buy back the tokens, thus reducing the market supply. The exchange is likely to earn more profits cause it can provide user-friendly system widely. Exchange having its own tokens is also a great thing because the token holders can enjoy a discount of 50% of the transaction fees. It is such an attractive incentive and encourages more investors to hold the token.
BNB is an ERC-20 based token, developed on Ethereum network. However, Binance claimed to build up and develop its own blockchain named Binance Chain.
How does Binance burn tokens?
The report stated that Binance would make the burns on a quarterly basis, depending on the exchange’s profit. The company will spend 20% of its profit on buying BNB back and burn them until there are only 50% of the total supply in the market. Up to now, Binance have completed 2 burns:
The first one was on October 15th, 2017 with 986,000 BNB burned.
The second one was on January 15th, 2018 with 1,821,586 BNB burned.
and the third one was on April 15th, 2018 with 2,220,314 BNB burned.
At press time, BNB is trading at $13 and 2,220,314 BNB  have just been burned.

Rothscointeam.

[RothsCoin]

13 major US Crypto Exchange received  inquiry for an inspection by the Department of Justice

According to a press release on April 17th, New York Attorney General Eric T. Schneiderman has announced the "Virtual Markets Integrity Initiative", targeting 13 largest virtual currency exchanges in United States.

Virtual Markets Integrity Initiative is aimed to protect Crypto investors by improving transparency and enhancing accountability of  the Crypto Exchange.
New York Attorney General Eric Schneiderman has sent letters to 13 virtual currency exchanges requesting they disclose key information about their operations, usage of bots, benefit conflicts, theft and other issues. Those Exchange received the letter are GDAX, Gemini, BitFlyer, Binance, itBit, Gate.io, Huobi.Pro, Bitfinex, Bitstamp, Bittrex, Kraken, Tidex and Poloniex (Which acquired by Circle recently).

According to Schneiderman, the investigation focuses on key issues such as internal manager and security measure to protect user assets. Also in a statement, Schneiderman said that part of the policy would look at non-functioning New York trading platforms for regulatory concerns.

Rothscointeam.

[RothsCoin]

14 Crypto Exchange in Korea will be examined by Korean Blockchain Association (KBA)

Korean Blockchain Association (KBA) has recently revealed that, in order to increase transparency in crypto trading and prevent money laundering activities, they will conduct an inspection in 14 Crypto Exchange, which also are members of the association.

To be more specific, KBA director Jeon Ha-jin stated at a South Korea-based federation carried out by the Federation of Small and Medium Enterprises , that KBA would inspect 14 domestic Exchange to ensure, transparency in transactions, as well as preventing money laundering, internal trafficking, terrorist financing and other illegal activities.

The audit activities include: reporting on the management of cryptocurrencies of traders and of the Exchange, publishing financial statements, overall audits, and more.

14 Crypto Exchange being audited will include leading trading platforms such as Bithumb, Upbit and OKCoin. The inspection will begin on May 1.

The first time ever, KBA is considering building a self-regulatory framework for its domestic Crypto Exchanges, which will starts in February this year. The aim of these actions is to lessen its concern about the country's Bitcoin fever in December. 2017.

Last week, the South Korean Financial Services Commission (FSC) announced that it would examine three domestic banks, in providing services to Crypto Exchange, to check regulation compliance of blocking anonymous transactions.

Rothscointeam.

[meomeo989]

It is a promising project in the future. Hopefully worth the investment

[RothsCoin]

WikiLeaks calls for a blockade for Coinbase

WikiLeaks is calling for a global blockade for Coinbase, one of the largest exchange in the world after this exchange has blocked its official Wikileaks without any notice or explanation. On April 21, Coinbase sent an e-mail to the WikiLeaks Shop, stating that it had stopped providing services to Wikileaks and forced them to withdraw all the remaining balance.

Wikileaks made a reply almost immediately after receiving a message from Coinbase. In a tweet, WikiLeaks leaders have encouraged cryptocurrency community to stop using the exchange. WikiLeaks will call for a global blockade against Coinbase next week because they are not a suitable member in cryptocurrency market.

In addition, some social media users have voiced their disapproval of this exchange, including Cassandra NoWar Fairbanks, I'm With Rudy, Alistair Milne, Robert Skinner, etc.

Coinbase is not a newly debatable topic - the exchange is facing a lawsuit when it is allegedly involved in insider trading.

Rothscoin Team.
 

[RothsCoin]

MyEtherWallet Succumbs to DNS Attack with $ 17 million stolen

Popular Ethereum wallet interface MyEtherWallet has succumbed to a DNS hijacking attack that allowed a hacker to redirect users to a malicious version of the website.

The MEW confirmed that this was not their fault and was trying their best to identify the attacked server to fix things as soon as possible.
This topic is rapidly spreading on the Reddit forum. The attacking IP address seems to come from Russia. At the time of writing, 25,000 ETH ($ 17 million) has been stolen.

It is highly recommend that everyone be careful when using the MEW wallet and follow the security instructions by MEW wallet. In other words, you are advised to integrate Metamask into login and make direct transactions via Metamask. If you want to check your balance, visit https://etherscan.io/, which means you do not have to log into MyEtherwallet.com anymore, so you will avoid the hidden potential risk here.

Rothscoin team.

[RothsCoin]

👉👉👉 Many floors suspend the token transaction ERC20 after the discovery of the Ethereum smart contract error

The Poloniex has suspended all ERC-20 (Ethereum) deposit and withdrawal transactions recently. HitBTC Exchange has also initiated an internal audit and turned off the function of receiving deposits and remittances for auditing purpose. The next day, the OKEx Exchange decided to block the ERC20 transaction after discovering an error in Ethereum smart contract, which called batchOverFlow. HitBTC then announced to Twitter customers, "Due to a potential problem discovered in the ERC20 smart contract, we have begun an internal audit. All deposits and transfers on the ERC20 card will be checking online in order to match the test’s result. Please refer to the System Health page for online status."

In addition, other Exchanges have chosen to disable the token ERC-20 because of the new vulnerability discovered by Changelly Exchange and  QUOINE.
It is still unclear about the number of errors existed and what specific tokens are affected by it, although it appears that BeautyChain (BEC) was one of the first tokens to be discovered the errors. Crypto Exchanges has disabled BEC since April 22 and there is news about BEC being back into trading again.

Rothscointeam.

[RothsCoin]

Bitcoin will be the replacement for gold?
 
Speaking at the Sohn Investment Conference on Monday, April 23rd, John Pfeffer, serial entrepreneur, investor, and currently a partner at Pfeffer Capital, declared that Bitcoin is the first viable replacement for gold.

 John Pfeffer said that his anticipation is for Bitcoin’s price to rise to at least $90,000 or even significantly higher.

Bitcoin is better than gold on every point

Pfeffer made a few bold statements, apart from his optimistic Bitcoin price prediction. He also noted that the grandfather of all cryptocurrency is “better than gold.” Decentralization, as well as censorship resistance, are the core pillars of Bitcoin’s prominence, according to Pfeffer. Also, he makes a case that the largest cryptocurrency is “vastly easier to store and transact with than gold.”

Pfeffer also noted that if 25% of the foreign gold reserves were to be replaced with bitcoins, the cryptocurrency network would receive a total value of $6.4 trillion.
While Pfeffer’s statements are undoubtedly brave, to say the least, he isn’t the first one to hint that Bitcoin could eventually replace gold. At the end of 2017, the famous Winklevoss twins were quite firm in their belief, saying that “Bitcoin matches or beats gold across the board.”

A key sentiment can be noticed in both Pfeffer’s statement and the one from the Winklevoss twins. They are obviously isolating Bitcoin from other cryptocurrencies, and they are clear that they shouldn’t be intermingled. At the conference, Pfeffer was quite blunt, saying that the “majority of crypto assets are bad bets.”
 
RTC
Rothscointeam

[RothsCoin]

'Belligerent' Crypto Miners Prompt Power Utility to Beef Up Security
~~~
A public utility in one of the U.S. hot spots for bitcoin mining is adopting new security measures in light of harassment of some of its employees.

The steps are being taken by the Chelan County Public Utility District (PUD) in Washington County - as previously reported, the area has attracted a number of bitcoin miners because of its abundant access to hydropower sources. Yet "confrontations" between staffers and would-be mine operators, as first reported by The Wenatchee World, has sparked a drive to add new cameras, install security panels and institute other actions.

On Monday, Chelan County PUD director of corporate security Rich Hyatt briefed the district's commissioners during a meeting, attributing the moves to "belligerent behavior by impatient cryptocurrency miners" who are reacting poorly following a moratorium imposed on new bitcoin mines.

Hyatt explained: "Some of the things we're doing internally, we've got a lot of business security measures, at [headquarters] we've [installed] a lot of security panels, we've increased the camera coverage. We've also designed and are going into the construction phase for a very small store front lobby that would give employees a lot more security without having personnel or customers being able to walk right into their work area. We're monitoring those areas."

He also described new measures being taken to dissuade unauthorized bitcoin miners from setting up facilities, saying his office was making agreements with the chief of police, the county sheriff and the county prosecutor to investigate and potentially prosecute repeat offenders.

"We ... have an agreement with those agencies that we could use [them] as the mechanism that when we prepare a case and gather the evidence and establish probable cause, we can take that case through their detectives and that can help the county for prosecution considerations," he said.

The agency has also trained its personnel on how to deal with potentially hostile people by installing panic buttons for front-line staff and adding security officers able to spot "negative body language," he said.
By Coindesk


RTC
Rothscointeam

[joyce.dai]

when will the upcoming ICO publish

[RothsCoin]

👍👍Bill Gates: "I will short Bitcoin if I could”
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Recently, co-founder of Microsoft has stated on CNBC's "Squawk Box" :
-" kind of a pure 'greater fool theory' type of investment"
" I agree I would short it if there was an easy way to do it," Gates replied.
-Gates also added that someone once gave him some bitcoin for his birthday, but he sold it a few years afterward
- " As an asset class, you're not producing anything and so you shouldn't expect it to go up. It's kind of a pure 'greater fool theory' type of investment, "Gates said on CNBC's" Squawk Box. "

His statements made on CNBC turn out to be the truth according to financial research firm Autonomous Next. The firm said that Bitcoin price has an impressive rise from $2000 to $19,000 in mid –December but then lost more than half of its value and it was trading near $9,300 recently. Therefore, trading Bitcoin or any others cryptocurrency in long-term doesn’t seem to be a good ideal.
Like many critics of the increase in Crypto value, Gates did say the underlying blockchain technology had its merits.
It seems that Bill Gates is supporting the development of the blockchain but not so much for Bitcoin and digital currency. He even wants to shoot them if it’s possible.
What do you think?
RTC
KingMobile