An STO Lifecycle: The Complete List of Milestones
How to issue a digital security, what are the steps: a brief outline of the 12 stages that a company will take to launch an STO complying with all the legal issues
Essentials news
Clear-cut guide into crypto and blockchain basics
OTC & Media Activity
Finrazor together with ICORating conducted researches and checked the correlation between OTC and mentions of certain words and the originality of the news
Security Token Offerings Could Disrupt Venture-Backed Tech Startups Positively
A handful of methods exist for raising capital, from private offerings to semi-public to a full-blown IPO or ICO. Now STOs are on the rise which might just be what tech startups need to revitalize the market
Why Blockchain Technology Is Here To Stay
We keep up the tradition of giving the stage to crypto advocates to talk about the cryptoindustry. This time we will review the usefulness of blockchain technology and why it deserves a say in the modern world
Security Token Offering 101
A Security Token Offering (STO) is a form of raising capital for a startup by distributing tokens to investors. While ICOs mainly deal in utility tokens that grant their holders access to services and products associated with respective blockchains and dapps, security tokens can be thought of as digital documents representing the investor’s rights to equity, a revenue share, debt, etc. STOs provide a better investor protection as they need to be compliant with appropriate regulations
Introduction to Avalanche
Avalanche introduces a new family of consensus protocols that are claimed to combine the best features of classic protocols and Nakamoto consensus. Described as ‘metastable’, the Avalanche protocol is actually four protocols that build upon each other. These are Slush, Snowflake, Snowball, and finally Avalanche itself
$16 Million Total Investments for Blockchain Gaming Startup
Mythical Games acquires $16 million for Series A funding round. The startup will use the acquired funds to produce games that can be modified by players, brands, and developers. The generated content will be purchasable with in-game currencies bought with real-life money
What is Holochain?
Holochain is a framework for distributed applications. Unlike blockchains which are data-centric, Holochain uses an agent-centric paradigm. It combines technologies like Bittorrent, git and digital signatures to enable individual chains to merge, split and interact with each other in complex and secure ways
Introduction to Algorand
Algorand is a new cryptocurrency and consensus protocol. Its two core technologies are the binary Byzantine Agreement and cryptographic sortition. Algorand’s main difference from other proof-of-stake systems is the absence of economic incentives for network participants, hence the viability of Algorand is currently a subject to wide debate in the community
Trending: Keep Up with What’s Up
In today’s clickbait culture it may at times come difficult to tune out media noise and make out the news that matter. At Finrazor, we have developed Trending, a handy tool to help you keep up with the most trending topics and events in an organized and rigorous way
Does News Still Matter in 2018?
On October 29, Finrazor introduced News Influence Score (NIS) – the first tool which turns the unguided instances of assets’ mentions in media into a measurable parameter. We are going to explain the working principle of the first of its kind feature in details and provide some illustrative use cases
Monero Bulletproof Hardfork Explained (Updated)
Monero fees plummet to a couple of cents, as the privacy-centric cryptocurrency releases Beryllium Bullet, a highly anticipated system-wide software upgrade. The core change in Monero 0.13.0 includes the introduction of bulletproofs, a breakthrough cryptographic technology that restructures the verification of Confidential Transactions, the technique that helps Monero obfuscate transacted amounts
The Beginner’s Guide to Cardano
Cardano claims to be a third-generation cryptocurrency that seeks to provide a scalable, interoperable and sustainable ecosystem with a two-layer architecture using a peer review-based approach to development
Priori Incantatem, or Introduction to Mimblewimble
Mimblewimble is an extremely lightweight blockchain protocol that can implemented as both an upgrade to Bitcoin or an independent chain. By taking elliptic-curve cryptography several steps further than Bitcoin, Mimblewimble builds upon a number of techniques such as Confidential Transactions, CoinJoin, and One-way Aggregate Signatures and strips down blockchains of all unnecessary data to bring unprecedented scalability and absolute anonymity
The Beginner’s Guide to Dash
Dash aims to be an on-chain scaling and private digital cryptocurrency. Powered by a two-tier network, Dash boasts functionalities such as PrivateSend and InstantSend as well a decentralized governance model called Decentralized Governance by Blockchain
The Beginner’s Guide to Zcash
Zcash is a cryptocurrency that offers anonymity by shielding sender and recipient addresses and transacted amounts. Shielded transactions are possible thanks to the power of innovative zero-knowledge cryptography, namely zk-SNARKs
The Beginner’s Guide to Monero
Monero is an anonymous digital currency that enables untraceable and unlinkable transactions by obfuscating a public ledger. It combines ring signatures, stealth addresses, Kovri and RingCT in a way that hides senders, recipients, their IP addresses and transacted amounts
The Beginner’s Guide to IOTA
IOTA is a distributed-ledger protocol powered by the Tangle, a DAG-based data structure. With its feeless transactions and tremendous scalability IOTA seeks to be useful in the age of the Internet of Things
The Beginner’s Guide to Ripple
Ripple is a real-time gross settlement protocol, currency exchange and remittance network. Ripple Labs, the company developing Ripple, seeks to revitalize bank interoperability by providing an interledger infrastructure (xCurrent), a liquidity layer for fiat currencies (XRP-powered xRapid), and an API to access these services (xVia)
The Beginner’s Guide to Nano
Nano is a digital currency that uses cryptography to enable peer-to-peer transactions. The project seeks to address blockchain limitations by implementing the innovative block-lattice structure and a delegated Proof-of-Stake consensus system.
Trending
Hot news
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South Korea Prepares to Draft Bitcoin Capital Gains Tax Guidelines
The South Korean government wants to tax capital gains on cryptocurrencies. This new decree has yet to be officially improved by the proper authorities.
South Korean news outlet Korea Times claims the government wants to impose capital gains taxes on virtual currencies, including bitcoin.
Bitcoin Taxation in South Korea
This is a new measure by the domestic Ministry of Economy and Finance, which is expected to become part of tax regulation in 2020.
Discussions regarding this measure have been going on for some time now.
South Korea is one of the primary regions of cryptocurrency trading activity today.
A revised tax regulation bill will be drafted by Q2 2020, after which it will be reviewed and revised wherever necessary.
A second bill is on the table to enhance the overall transparency of virtual currency trading in South Korea.
If that bill were to pass as well, it will be introduced one year after the taxation guidelines have been adjusted.
Several problems persist regarding both of these proposals, however.
In South Korea, the current definition of virtual assets is ambiguous and leaves much room for debate
It is now up to government officials to draft clear guidelines on how bitcoin and other virtual currencies will be treated.
Depending on that classification, the taxation guidelines will need to be altered as well.
The coming months will prove to be crucial for the future of virtual currencies in South Korea.
Image(s): Shutterstock.com
The post South Korea Prepares to Draft Bitcoin Capital Gains Tax Guidelines appeared first on NullTX.
South Korea Crypto Account Holders Must Use Their Legal Names
South Korea has passed new laws requiring that everyone opening a cryptocurrency account use their true, legal names to do so.
South Korea: The Center of Crypto Regulation?
As time goes by, many cryptocurrency exchanges and businesses are seeking out ways to remain fully compliant with federal regulators. The problem is that to do this, they’re often required to invade the privacy of their customers to one extent or another, and this scenario is no exception.
One of the issues at hand is that many argue that cryptocurrency is often utilized for criminal behavior, such as money laundering. While it’s nearly impossible to say how many individuals are using crypto to perform malicious activity, the fact remains that most cryptocurrencies share properties that make them ideal to the present financial infrastructure. They can solve many of the world’s monetary issues and potentially ease the burden of global poverty.
Nevertheless, most regulators do not see this, and choose instead to focus primarily on what crypto can do to make the world a darker place. While it’s understandable that this should be considered, is enough emphasis being put on all the good that crypto can do?
As it stands, South Korea will now have to report all cryptocurrency transaction data to regulators, who will oversee the transactions and decide if they are permissible or if there is something suspicious going on. On the one hand, this has a positive side in the sense that crime – if cryptocurrency is ever going to be taken seriously – must come to a full halt, and this is one potential way to do it.
At the same time, the idea that people must now use their real names and in some cases, upload government-issued photo IDs to their accounts as part of the ongoing know your customer (KYC) tactics now employed by most cryptocurrency exchanges and businesses, really goes against what most forms of crypto are all about.
Most digital assets, especially bitcoin, were designed with the general public in mind. They were designed to give people their financial freedom back, and this included anonymity and the chance to use their money as they saw fit, so the idea that people’s names, photos and other sensitive information is being forwarded to financial legislators every time is a little unseemly.
Keeping Up Appearances
South Korea’s new identity verification system is being implemented by a cryptocurrency exchange known as Bit Thumb. To an extent, it makes sense that the region is being so adamant about knowing exactly who their customers are considering popular trading platform Up Bit – also stationed in South Korea – was recently robbed of nearly $50 million in ether funds.
In addition, the country accounts for roughly 20 percent of the world’s cryptocurrency transactions. With so much business at stake, it’s understandable that they want to heighten safety measures.
The post South Korea Crypto Account Holders Must Use Their Legal Names appeared first on Live Bitcoin News.
Price Analysis 09/12: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, XTZ
Price Analysis 09/12: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, XTZ China could start its pilot for the central bank digital currency (CBDC) before the end of this year, according to local news outlet Caijing. The article states that the anticipated pilot project “will go out of the central bank system and enter […]
Cet article Price Analysis 09/12: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, XTZ est apparu en premier sur Bitcoin Central.
South Korea Could Tax Crypto Transactions Soon
The South Korean government is aiming to introduce taxation on cryptocurrency transactions by deeming them as capital gains. This plan was first revealed by The...
EOS Price Hit after Getting a C- in Decentralization by Weiss
Blockchain project EOS started this week on a negative note after an independent agency downgraded its rating from B to C-.
Weiss Crypto Ratings published a report on December 6 wherein it demoted EOS to lower ranks over its centralization. The agency noted that just 0.01 percent of the EOS token holders control over 68 percent of the voting power on its blockchain.
That allows a handful of entities to practice censorship over hundreds of thousands of EOS investors. In comparison, provable decentralized projects like Bitcoin works across 9,300 nodes to confirm and validate transactions atop its blockchain.
1/6 We’ve had great respect for work and thinking that went into the #EOS project. But the Weiss Crypto Ratings model is not based on opinion. It’s driven by data. And that data has now caused a downgrade from B to C-. Here's why (full article to be published soon):
— Weiss Crypto Ratings (@WeissCrypto) December 6, 2019
EOS spent a quiet weekend but its value eventually took a toll during the Monday session. The EOS-to-dollar exchange rate was down by $0.083, or 3.02 percent, as of 1658 UTC.
Against bitcoin, the cryptocurrency did relatively better, falling about 1.64 percent to trade at 359 sats. The market capitalization likewise took a plunge roughly worth $500 million to settle a low at $2.534 billion. At its December peak, it was $2.613 billion.
Ascending Channel
The latest move downside brought EOS close to retesting the support of an Ascending Channel. While the lower trendline certainly capped the price from falling further downward, the negative sentiment arising from the Weiss report could weaken it in the near-term.
The bearish case prompts EOS to retest to close below the Channel Support and target 304-342 sats area as an accumulation range. In the event of a breakdown, traders could extend their short position towards 284 sats while keeping a stop loss above the level at which they had entered the trade.
EOS is trending inside an ascending channel | Source: TradingView.com, Coinbase
On the other hand, the price has not failed to reach the upper levels so far. A pullback action from Channel support could push EOS back towards the Channel resistance.
Traders with low-risk appetite could use the bounce-back as an opportunity to open a fresh long position 405 sats. Meanwhile, they could minimize risks by maintaining a stop-loss order just below the Channel support.
A Consideration
From a fundamental point of view, investors who were bullish on EOS might find it hard to digest its centralization issues. The sentiment could prompt some to switch their positions for tokens with more attractive opportunities.
Such a scenario could suit the breakdown scenario as discussed above. Meanwhile, traders can look to accumulate EOS ahead of the launch of Voice.
EOS creator Block.One on Thursday announced that it would launch the EOS-based social media platform on February 14. While the announcement did not help neutralize trading sentiments immediately, traders can still speculate on the Voice launch to make interim profits.
One could watch out for a reversal from Channel resistance – a sign that traders are processing the Voice news – and place his/her upside positions.
EOS Price Hit after Getting a C- in Decentralization by Weiss was last modified: December 9th, 2019 by Yashu GolaThe post EOS Price Hit after Getting a C- in Decentralization by Weiss appeared first on NewsBTC.
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