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[cxboyminer]

Netcoins Completes First $2 Million Daily Transactional Revenue

VANCOUVER, British Columbia, July 20, 2018 (GLOBE NEWSWIRE) -- GAR Limited. d/b/a/ Netcoins (“NETC” or the "Company") (CSE:NETC) is pleased to announce that it has completed over $2 million in transactions in a single day. The $2 million daily transaction is another key milestone for the Netcoins business as we continue to attract crypto miners, crypto funds and institutional investors to use our services alongside our retail customer base.

In early July 2018, Netcoins completed its first $1 million daily transaction and very quickly we have exceeded that with a $2 million daily transaction milestone. We have now surpassed $5.5 million in transactions thus far in the current month of July.

Read more: http://globenewswire.com/news-release/2018/07/20/1540099/0/en/Netcoins-Completes-First-2-Million-Daily-Transactional-Revenue.html

[zhengqi]

  New Zealand’s SBS Bank Looks at Blockchain, Cryptos 

SBS Bank, a New Zealand commercial bank, is keeping a watch on blockchain technology and cryptocurrencies and admits that there is some real value in the former.

"We think, and the common consensus is, that it has real merit," said  SBS chief executive Shaun Drylie at the SBS annual meeting earlier this week, according to a report of the news outlet Southland Times. Blockchan and cryptocurrencies were one of the topics discussed at the meeting.

https://cryptovest.com/news/new-zealands-sbs-bank-looks-at-blockchain-cryptos/

[SuperBazooka]

Japanese Minister Denies Association with Cryptocurrency Firm Under Investigation

Seiko Noda, Japan’s internal affairs minister, denied having an interest in a cryptocurrency company under investigation and interfering in that investigation, according to a report in Asahi Shimbun. As a Cabinet minister, Noda could be accused of trying to influence a government investigation.

Noda acknowledged that one of her aides was present at a meeting on Jan. 30 during which a Financial Services Agency representative explained the agency’s position on regulations governing funds raised by issuing cryptocurrencies and other topics.

FSA Warns Company
The FSA warned the unnamed company on Jan. 12 that it suspected the company of engaging cryptocurrency exchanges, which it was not registered to do, and such an action violates payment services law, sources said. The company offered its own cryptocurrencies in October.
https://www.ccn.com/japanese-minister-denies-association-with-cryptocurrency-firm-under-investigation/

[HappyWhiteHuman]

Stellar Price Slides 10 Percent as Bullish Trend Hits a Snag

The stellar price (XLM)  fell by just over 10% today, indicating a recent bullish trend may not sustain itself.

Stellar is currently the sixth-largest cryptocurrency with a market cap of $5.131 billion, right behind EOS. In the last seven days, it has gained 35% in value against the dollar, according to CoinMarketCap. In the recent 24-hour period, however, the stellar price tumbled from $0.308952 to $0.269737.

Today’s drop follows a 30% surge to a two-month high of around $0.31 on July 18, a move was preceded by the announcement that XLM is one of five tokens that industry giant Coinbase is “exploring” adding to its platform.

In the past month, the stellar price rose from 0.308952 on June 24 to 0.313989 on July 19. XLM hit its peak at $0.873623 on Jan. 3 before falling to its June 24 low point, according to CoinMarketCap data.
https://www.ccn.com/stellar-price-slides-10-percent-as-bullish-trend-hits-a-snag/

[klasik1980]

CoinMarketCap Rehauls Exchange Listings in Response to Controversies Over Skewed Volumes

Crypto price tracker and exchange rankings site CoinMarketCap.com (CMC) is making major changes to its exchange listings method in light of concerns over skewed trade volume data, according to an official announcement July 19.

As of July 16, the site has now removed the minimum volume requirements that it had been using to limit the number of exchanges listed on the site.

https://cointelegraph.com/news/coinmarketcap-rehauls-exchange-listings-in-response-to-controversies-over-skewed-volumes

[SuperBazooka]

Interview: Esports Project Gods Unchained Launches on Ethereum with Coinbase Backing

Gods Unchained, the first competitive e-sports project on Ethereum, has launched with backing from the world’s largest cryptocurrency exchange and wallet platform Coinbase.

In an interview with CCN, Gods Unchained co-founder and COO Robbie Ferguson, spoke about the game, the decision to launch the game on the Ethereum main chain, and the process of launching an application with backing from major investors.

Involvement of Coinbase and Hybrid On-Chain System
Fuel Games, the development company behind Gods Unchained, previously launched Etherbots, one of the popular games on the Ethereum network. Etherbots operated on Ethereum as a full on-chain game, and every piece of data that was created within the game was sent to the Ethereum blockchain as one transaction.
https://www.ccn.com/interview-esports-project-gods-unchained-launces-on-ethereum-with-coinbase-backing/

[HappyWhiteHuman]

CryptoKitties Auctions $25k ‘Honu Kitty’ Collectible to Fund Ocean Preservation

The world’s biggest blockchain game, CryptoKitties, has collaborated with marine conservation organizations to create a rare cat named “Honu Kitty”. It is the first environmental-friendly collectible that draws attention towards the protection of endangered sea turtles.

Ocean Elders and ACTAI Global, two different communities consisting of global leaders, athletes and technologists focused on preserving environment, teamed up with CryptoKitties to create an auction for cryptocurrency users. The auction started on July 9, 2018 and ended on July 18, 2018. A total of 18 bids were placed on the item, with the winner paying $25,000 for the one-of-a-kind collectible. The funds will be donated to Sea Shepherd Conservation Society’s Operation Jairo and Unite BVI Foundation’s Saving The Turtles Project.
https://www.ccn.com/cryptokitties-auctions-25k-honu-kitty-collectible-to-fund-ocean-preservation/

[shaadsufi]

Pit is only the the final product in the equation that matter and therefore the final equation in this case is Twitter where you get the news and most importantly the analysis in this case  which gives you the direction for your next investment

[babicena14]

HashFlare, a cryptocurrency cloud mining services, has shut down its Bitcoin mining service. The platform also terminated all related BTC mining contracts citing lack of profitability in operation. The price of the Bitcoin, the top-ranked cryptocurrency has struggled throughout 2018, declining by more than 60 percent since the start of the year.
https://bitcoinist.com/hashflare-shuts-down-bitcoin-mining-services-users-struggle-to-withdraw-funds/

[babicena14]

Over the past year, we’ve seen the rise in popularity of ICOs as a fundraising tool in the cryptocurrency space. In order to stand out from the crowd, some ICOs have enlisted the help of celebrities in an attempt to boost their credibility. Here’s a quick look of some of the more notable celebrity endorsed projects.
https://bitcoinist.com/celebrity-endorsed-ico-projects-where-are-they-now/

[SuperBazooka]

Cryptocurrency Fraud Now Second Most Common Investment Scam in Australia: Watchdog

Australia’s national consumer watchdog has warned that cryptocurrency trading scams have grown ‘significantly’ over a 12-month period and are now the second most-common kind of investment scam in the country.

An independent government authority tasked with the mandate of enforcing consumer protection laws with oversight into scam-related trends in Australia, the Australian Competition and Consumer Commission (ACCC)has a scam-alert domain dubbed ‘Scamwatch’.

In a warning on the ongoing alert radar on Monday, the watchdog raised public caution in bringing attention toward increasingly ‘prevalent’ cryptocurrency trading and binary option scams.  Cryptocurrency trading scams, in particular, have seen marked growth in the last twelve months and have become the ‘second most common type of investment scam offer pushed on victims,’ the ACCC said.
https://www.ccn.com/cryptocurrency-fraud-now-second-most-common-investment-scam-in-australia/

[HappyWhiteHuman]

Chinese City Starts a $1.5 Billion Fund to Promote Public Blockchain Projects

Nanjing, Jiangsu’s capital, is committed to investing in public blockchain projects and overall token economy. The capital of this Chinese province put together a 10 billion yuan ($1.5 billion) fund in a blockchain investment fund.

A Beijing-based alliance, Zhongguancun Blockchain Industry Alliance, is teaming up with Nanjing City to launch this blockchain investment fund of $1.5 billion. The alliance, formed by government research institutes and blockchain companies, revealed the bold initiative at the first Industrial Public Chain Summit (IPCS). Among the high-level government official attendees, there was the Deputy Secretary of the Communist Party of China, Luo Qun.
https://www.ccn.com/chinese-city-starts-a-1-5-billion-fund-to-promote-public-blockchain-projects/

[babicena14]

Encrypted email provider ProtonMail appears to be eyeing the possibility of raising funds via an initial coin offering, according to a current job offer.
https://bitcoinist.com/protonmail-ico-proton-shares/

[kam2446]

G20: Cryptocurrencies doesn't Threaten the World Financial System
At a meeting of finance ministers and heads of central banks, which was held in Buenos Aires as part of the G20 meeting, it was determined that digital currencies don't pose any threat to the global financial system. At the same time, the G20 believes that the situation must be controlled.
You can find more here:  https://uniton.io/en/news/G20-Cryptocurrencies-doesnt-Threaten-the-World-Financial-System

[babicena14]

It’s customary for cryptocurrencies to enjoy a substantial increase in their price after managing to secure a listing on Binance – the world’s largest cryptocurrency exchange. Today, Binance announced the listing of Holo (HOT) while Upbit listed the Basic Attention Token (BAT). Unsurprisingly, pumps followed in both cases.
https://bitcoinist.com/holo-hot-basic-attention-token-bat-prices-pump-following-exchange-listings/

[babicena14]

Evolve Markets has announced the addition of Zcash to its platform – which allows users to trade Bitcoin, emerging altcoins, and other currencies on the Metatrader 5 platform.
https://bitcoinist.com/zcash-trading-now-supported-by-evolve-markets/

[babicena14]

A marketplace on a blockchain for the photo industry plans to expand into other means of digital content. The new platform Wemark leverages smart contracts, allowing photographers to license their content to customers directly, not giving up the rights to the middlemen and keeping an essential share of the revenue.
https://bitcoinist.com/blockchain-platform-for-direct-digital-content-trade-released/

[SuperBazooka]

A New Bitcoin Wallet Fulfills an Old Privacy Promise

"From here on out, people can't say bitcoin is not private anymore."
That's how veteran developer Adam Fiscor, now CTO and co-founder of the privacy tech startup Zksnacks, described the importance of the Wasabi Wallet, set to debut on August 1.

This desktop-friendly bitcoin wallet, which can only be used with the anonymizing Tor browser, will be the first (relatively) mainstream light wallet to offer CoinJoin transactions, dispatching lots of transactions at once to obscure their sources.

First proposed by Bitcoin Core legend Gregory Maxwell in 2013, CoinJoin is one of the most prominent attempts to solve one of bitcoin's greatest challenges: while addresses are pseudonymous, all transactions are publicly recorded on the blockchain, undermining user privacy.

While developers have been experimenting for years with improved anonymity models, Wasabi Wallet will finally make using CoinJoin as easy as flipping a switch.

Because these privacy tech projects generally avoid collecting data about their users for obvious reasons, it's hard to determine how many people use privacy-oriented wallets. However, Samourai Wallet's Android app, arguably the bitcoin industry's leading privacy wallet since the project was founded in 2015, has garnered at least 27,000 downloads. https://www.coindesk.com/privacy-bitcoin-wallets/

[oksgvardukraine2018]

Scam or Be Scammed? Ponzi Games Are Breaking Out on Ethereum
The hottest new apps on ethereum resemble an old favorite: the Ponzi scheme. At least that's the early consensus on FOMO 3D and PoWH3D, two of the platform's top three apps entering Tuesday.

According to data website DappRadar, both games have amassed 20,000 ether ($9 million) in trading volume over the last 24 hours, a figure that puts them on par with top decentralized exchanges and that exceeds the highest highs of CryptoKitties, the blockchain's most famous viral decentralized application (dapp) to date.

Perhaps unique to both projects though is how they create an incentive to bring new people in so users can share the spoils as they do so. Both applications also collapse if new users quit joining in a way that's similar to a basic pyramid scheme.

However, these particular games make it much more complicated (and maybe more fun).

"At the core, they seem to be taking the ideas of pay-per-bid auction models that were popular in 2009–2011, except instead of selling 'real' products for the bid price, they sell nothing tangible or of real value," Sid Kalla, of token project consulting firm Turing Advisory Group, told CoinDesk.

In penny auctions, people paid a tiny amount of money to make a bid on a real item. The final winning bidder might get a deal, but the organization running the auction would make many times over the price of the item from the fees collected on the way to that bid.
https://www.coindesk.com/scam-or-be-scammed-ponzi-games-are-breaking-out-on-ethereum/

[HappyWhiteHuman]

Indicator Suggests Bitcoin's $8K Rally Is Overstretched

Bitcoin (BTC) market has had a bullish start to the week, but the momentum could wane in the next few days, technical studies indicate.

The leading cryptocurrency rose to a fresh two-month high of $8,130 on Bitfinex today, having witnessed an inverse head-and-shoulders breakout last week.

The 39 percent rally from the seven-month low of $5,755 reached on June 24 has put the bulls back in a commanding position. Hence, further gains could be on the cards, albeit after a brief pause or a price pullback as a key technical indicator is flashing overbought conditions.

At press time, BTC is changing hands at $8,100 on Bitfinex — up 40 percent from the seven-month low of $5,755 reached on June 24.

https://www.coindesk.com/indicator-suggests-bitcoins-8k-rally-is-overstretched/