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Harmony One listed on KuCoin Cryptocurrency Exchange

Coinspeaker Harmony One listed on KuCoin Cryptocurrency ExchangeHarmony One, the deep sharded scalable blockchain built by a team of engineers from Google, Apple, Amazon, Facebook, Harvard and Stanford, has announced its launch on KuCoin exchange. The trading will start at 6pm (UTC+8), August 22nd and supported trading pairs include ONE/BTC and ONE/USDT.With over 5 million registered users from about 100 countries and regions, KuCoin, an IDG-backed crypto exchange, is often known for a wide range of tradable digital assets. By listing high quality blockchain projects, the platform aims to better meet investors’ needs while provide enhanced liquidity of projects’ token to worldwide base of users.Garlam Won, Head of Marketing at Harmony One said,“We want to make $ONE available to everyone in the world, regardless of their country, race or gender. And having a global exchange like Kucoin as a launch partner will allow us to provide liquidity of $ONE without borders”With the mainnet launched, Harmony is expanding its ecosystem out into the Non-Fungible Collectibles sector with its recent acquisition of Sequoia funded digital collectible startup Quidd with Animoca Brands. Quidd raised $13m in venture funding led by Sequoia to build a digital collectible mobile app.Today, Quidd has 325 brand licenses including Game of Thrones, Rick and Morty, and Marvel superheroes. Quidd has issued and sold over 2.1 billion individually-serialized digital collectibles, and generated over $10m in gross revenues from its community of digital collectors.With a focus towards radical decentralization and fair economy, Harmony’s recent initiative Pangaea onboarded 700 nodes as a participant, making it the biggest game of stake ever played in the blockchain space.Since launching the IEO on Binance, Harmony One has been expanding its liquidity through Bitmax as well as being oversubscribed by 12,000% on their recent launch on Gate.io. Harmony One has also been shortlisted by Coinbase as one of the 8 assets to be added to Coinbase.About HarmonyHarmony is a fast and secure blockchain. Built by a team of engineers from Google, Apple, Amazon, Harvard and Stanford, Harmony helps businesses build marketplaces of fungible tokens (such as energy credits and loyalty points) and non-fungible assets (such as game collectibles and real estate). Harmony has a robust ecosystem building strategy focused on creating partnerships that drive adoption of the protocol.At scale, Harmony helps businesses tokenize their assets and incentivize user engagement. For more information visit https://harmony.one/ or join Twitter or TelegramAbout KuCoinThe KuCoin Exchange opened for cryptocurrency trading in September 2017 and enjoyed steady growth into 2018. The KuCoin Exchange puts a high priority on the quality of the projects listed based on a well-trained research department that scours the blockchain industry for the highest quality projects. KuCoin provides an exchange service for users to conduct digital asset transactions securely and efficiently.Over time, KuCoin aims to provide long-lasting, increased value to its more than five million registered users, in over 100 countries. In November 2018, ‘The People’s Exchange’ officially partnered with IDG Capital and Matrix Partners.Harmony One listed on KuCoin Cryptocurrency Exchange
Coinspeaker

Tezos (XTZ) Gains 7% Amid Listing On These Two Crypto Exchanges

Crypto.com, a Hong Kong-based cryptocurrency trading and payment platform has officially announced that it has added Tezos (XTZ) to its app and that it is also exploring the possibilities of implementing XTZ staking reward system for its users. This arrangement will enable users to buy Tezos at zero costs via bank transfers and credit cards. Tezos Now On Coinbase Pro And Crypto.com This news comes following the report that Coinbase Pro, earlier this month, added support for Tezos as its newest tradable asset. On the 5th of August, Coinbase Pro made an official announcement to inform its users of the newly available crypto assets which it had just added to its platform. Later on, Coinbase also confirmed about 8 other crypto assets for which it was exploring support including waves and two other cryptocurrencies; Harmony and Matic Network which launched via Binance Launchpad. However, BNB, Binance native cryptocurrency was left out of the options. XTZ Up Rougly 5% Tezos caught the bullish fever following its recent news of Coinbase Pro support. Surging up consistently for about 24 hours after the announcement, Tesoz had touched around $1.23 dollar per unit of the cryptocurrency. Although later giving in to some selling pressure as a result of the bull run, XTZ had slumped by a few percents to settle at $1.05 by the 15th of August. Over the last 24 hours, XTZ has surged up by another 5%, landing a price of $1.15. Tezos Foundation is a non-profit with a blockchain built on the new Proof-of-Stake system. It is based in Switzerland. It conducted an ICO in 2017 in which it raised $232 million. Tezos Steadily Developing Since ICO Since its launch, Tezos has been showing great prospects every time it appears in the news. Earlier this year, in February, Elevated Returns (ER), a financial group which focuses on digitizing traditional financial assets and popular for its tokenization of the St. Regis resort in Aspen, made an official announcement that it chose Tezos as the blockchain on which it aimed to provide fully compliant tokenized real-estate offerings to qualified investors. Most Recent Milestones Later on in July, Banco BTG Pactual S.A. in collaboration with Dalma Capital, a Dubai based asset manager, announced plans to utilize the Tezos blockchain for Security Token Offerings (STOs). Thursday, Bitfinex announced that would allow its customers and investors to trade tezos, alongside Stellar against both Bitcoin and US dollar, and also to make deposits for the token.   The post Tezos (XTZ) Gains 7% Amid Listing On These Two Crypto Exchanges appeared first on Coingape.
CoinGape

While Alts Sink, The Tezos Tsunami Triples Up For Tezzie Investors

Altseason has been indefinitely postponed, but not everyone’s watching the clock. With threefold price growth for the year, Tezos (XTZ) is one of the few altcoins to keep pace with bitcoin and leave better-funded rivals like EOS in the dust. Coinmarketcap currently ranks XTZ as the 16th-largest cryptocurrency project, with a market cap nearing a billion dollars. Life didn’t begin well for Tezos, with a messy 2017 ICO that threatened to devolve into lawsuits and feuding between the projects’ founders. But that was 2017. Had Tezos failed, it wouldn’t have been the only project littering the pages of Dead Coins. XTZ Gets The Bump The project is making headway with major market players. Coinbase added support for Tezos XTZ last week, as part of the company’s plans to offer access to 90 percent of all of crypto’s market cap. The exchange is also considering the merits of Cosmos, Dash, Decred, Matic, Harmony, Ontology, and Waves, having just added Algorand. eToro, the social trading and multi-asset brokerage company, also announced plans to add Tezos to its platform on August 6. Per eToro co-founder and chief executive Yoni Assia: “As we see financial institutions move more into the world of crypto, it is important that ordinary investors can take advantage of these technological developments, which is why we’re excited to be adding coins like Tezos to eToro.”    Green lights from Greenspan and handshakes with Armstrong are one thing. Does Tezos offer anything different from its competitors? On Tezos… and Baking with No Forks Although commonly compared with EOS and TRON, Tezos has a few advantages over earlier protocols. Instead of forking node software with updates, Tezos upgrades continuously with community consensus. Tezos also deploys a dynamic version of dPoS aimed to prioritize decentralization, coordination, and security, ahead of scalability. This theoretically egalitarian version of PoS has been labeled as Liquid Proof-of-Stake, as opposed to Delegated Proof-of-Stake. Think Delegatable Proof-of-Stake. Holders can still transfer validation rights to delegates, but doing so is optional. Referred to as baking in the Tezos network, consensus can still be achieved without a fixed set of block producers verifying transactions, though there are financial incentives for Tezos holders to delegate validation rights. There are currently 86 AAA or AAA+ rated Tezos bakers by efficiency level, suggesting that aspirations for more validators than, say, EOS, are being realized. The network is designed to appeal to enterprise and nonprofit uses as well as individual developers. With all token holders able to either bake or delegate and participate in decisions on network upgrades, the protocol’s self-amending nature could allow Tezos to keep pace with innovations as they happen. Notwithstanding all those features and the many who call Tezos another Ethereum-killer, Kathleen Breitman still regards ‘money for the internet’ as the most important focus for blockchain projects: “Blockchains haven’t even begun to scratch the surface of their biggest use case, which is digital money. That’s huge, and there’s a lot to chew on before you get into any of the other, exotic use cases for medical records or whatever. It’s really hard to do digital cash, so I think people have been like, “What if we try to do something else instead?” And I think that’s not a very pragmatic route, actually.”- Kathleen Breitman, Tezos Foundation With a market cap fast approaching one billion dollars, a former president now out of the way, and the seal of approval of two big industry players, Tezos seems to have shaken loose from its controversial beginnings.   The post While Alts Sink, The Tezos Tsunami Triples Up For Tezzie Investors appeared first on Crypto Briefing.
CryptoBriefing

Tron: CEO Justin Sun promises US-focused expansion of TRX in 2019

Tron CEO Justin Sun expected that Binance US and Coinbase would consider his projects, TRX, BTT, and WIN, but neither Coinbase nor Binance US have included any of his projects in their recent token listing announcements. Following the updates from the two exchanges, the community urged Sun to get his projects listed on US exchanges. Coinbase and Binance US Ignore TRON and BitTorrent  Recently, Coinbase announced that it is exploring 8 crypto tokens, including Algorand, Cosmos, Dash, Decred, Ontology, Waves, Matic Network, and Harmony. Binance US also unveiled its plans of listing 30 potential crypto tokens on the US arm of its crypto exchange. It’s worth noting that neither of the two US-based exchanges have considered Justin Sun’s projects.  However, the Tron community thinks that their #1 priority is to make TRX trading available for US citizens. Source: Twitter Sun responded to the tweet and promised that 2019 will see “huge progress” for TRON. He tweeted – Sorry for the delay. We should have more US-based exchanges for sure. Let me work on that. We promise within 2019 the community will see huge progress on that. In agreement with the community’s sentiments, Sun published another tweet on the subject saying “we will get all these things done with TRON speed”. Source: Twitter Besides making promises on TRX, Sun is quite bullish on his effort to on-board BTT and WIN on US exchanges. He says that US exchanges should include TRX, BTT, and WIN. While TRON is Sun’s own project, he acquired BitTorrent(BTT) in late July 2018. WIN token is the TRON based dApp which was backed by Binance launchpad (Binance IEO) in July this year. Despite TRX’s dipping value, Sun bets big on TRON this year. At press time, TRX is the 12th largest cryptocurrency in terms of market cap whereas BTT slid down to 45th position with a falling market graph on Coinmarketcap. Sun Network’s release of version 1.0 as one of Tron’s 100X scalability solutions is also slated for today, i.e August 10. Source: Twitter However, the development has not shown a positive effect on TRX’s price so far. At press time, Tron is trading at $0.02, 6% down from its previous position. The post Tron: CEO Justin Sun promises US-focused expansion of TRX in 2019 appeared first on Coingape.
CoinGape

Coinbase Trolls Binance by Considering Support for Launchpad Projects But Not BNB

Coinbase recently made an official announcement41 that it was exploring support for waves and 7 other cryptocurrencies. The cryptocurrencies in the review included Waves, Ontology (ONT), Matic Network (MATIC), Harmony (ONE), DASH, Cosmos (ATOM), Algorand (ALGO) and Decred (DCR). Binance CEO, Changpeng Zhao responded to the update by saying that it had not included BNB in its list. Zhao Shows Mixed Feelings Zhao, has reacted to this new development by commenting on his Twitter handle, saying that while Coinbase has made a good choice by including two of Binance Launchpad projects’ cryptocurrencies in the list, but it seems to have to miss out on a “jem” – Binance’s native cryptocurrency, BNB. BNB is a utility token that has several uses in the Binance ecosystem including availing discounts on the trading fees. Source: Twitter What’s amusing in this situation is that Binance and Coinbase are two of the biggest exchanges in the cryptocurrency space, and Coinbase is considering offering support for two coins that are tied with its competitor’s project, but it is ignoring the native cryptocurrency of the competing platform. The two Binance Launchpad cryptocurrencies which have made it to the list of the 8 tokens being considered by Coinbase are Matic network (Matic) and Harmony (ONE). Matic and ONE which were launched on the Binance LaunchPad around April and May respectively had seen considerable gains after their launch. Matic had grown over 700% while Harmony had seen an increase of 800% from IEO price as at 1st of June. Although Coinbase clearly listed the coins up for support at this time, it also indicated that more cryptocurrencies which would correspond to regulatory scrutiny and achieve jurisdictional compliance were still in their long term list. Considering this, it is possible that BNB might as also make Coinbase’s list in the future. The post Coinbase Trolls Binance by Considering Support for Launchpad Projects But Not BNB appeared first on Coingape.
CoinGape

Digital collectibles market seeing renaissance as platform targeting superfans scores ~$8M acquisition

The world of digital collectibles like CryptoKitties may appear to be a quirky game, but the business moguls backing them aren’t playing around – and they expect to win big. Animoca, a mobile gaming firm listed the Australian Stock Exchange, has paid approximately $8 million to acquire Quidd, a digital collectible startup pitched as the “world’s leading marketplace” for ledger-based memorabilia. Joining Animoca as a strategic technology and financial partner in the acquisition is Harmony, a blockchain firm whose token is in the running to be listed on Coinbase. Launched in 2017, Quidd raised $13 million in its Series A from VC giants like Sequoia. Join Genesis now and continue reading, Digital collectibles market seeing renaissance as platform targeting superfans scores ~$8M acquisition!
The Block Crypto

No Room for Monero, IOTA, Nano As Coinbase Explores New Digital Assets

Coinbase has announced its 2019 new digital assets support shortlist. The listed eight lucky tokens might get onto one of the world’s biggest crypto exchanges. Curiously missing and to the disappointment of many a crypto enthusiast are IOTA, Nano, and Monero. Dash, Cosmos, Decred, Harmony, Algorand, Waves, Matic and Ontology are however in the running for a Coinbase listing. The announcement made on the Coinbase blog, says: “Coinbase’s goal is to offer support for all assets that meet our technical standards and which comply with applicable laws. Over time we expect our customers around the world will have access through Coinbase to at least 90 percent of the aggregate market cap of all digital assets in circulation”. The exchange further adds that their evaluation is done against their Digital Asset Framework. The major considerations for listing include compliance and security. Besides, the exchange also considers a token’s alignment with the exchange’s mission of “creating an open financial system for the world.“ Monero’s Rampant Crypto Jacking Woes Monero’s privacy-focused cryptocurrency enables blockchain transactions that are both untraceable and anonymous. The proof-of-work consensus platform has, however, been accused of cloaking the identity of criminals. Monero has become the choice token for criminal activities. The cryptocurrency has been increasingly blamed for crypto-jacking, whereby criminals access private devices and remotely mine crypto without the owner’s knowledge. In a report, Palo Alto Networks, an enterprise security company attributes 5 percent of all XMR in circulation to crypto jacking mining. The report further adds that Monero derives at least 2 percent of its hash power from crypto jacking scripts. The digital currency and its ilk are currently banned from exchanges by Japan’s Financial Services Agency. Privacy coins are often at the forefront of the crypto regulatory discussion. It is highly probable that Coinbase has steered from listing XMR to avoid the regulatory hurdles. Privacy tokens have received a lot of heat from law enforcement authorities, being blamed for facilitating international money laundering. A Norwegian real estate multi millionaire’s wife kidnappers have for instance demanded a $10.3 million ransom in Monero. The investigators claim that if Monero was not part of the payment plan, they would have less difficulty tracing the criminals. The US Department of Homeland Security has its eyes set on these privacy coins. Should the crime levels rise, Monero may be banned in other regions around the globe. IOTA’s Coordinator Trouble and Nano’s Controversy While the problem of scalability hampers most blockchains, IOTA has found an innovative way around it. Through The Tangle, the blockchain can handle low-cost micro-transactions, unlike Ethereum or Bitcoin blockchains. Nevertheless, as innovative a blockchain as IOTA is, it has had some eyebrow-raising systemic flaws and scandals as well. It has had a range of technical errors, and episodes of poor PR management. In 2017, for instance, a team from Boston University and MIT investigated the IOTA hash function and found it vulnerable to attacks. Nano’s first taste of infamy started with the hacking of the somewhat obscure Italian exchange BitGrail. At least 17 million units of Nano were lost, a $170 million loss for the exchange. The investigations pointed to unauthorized XRB transactions. The situation soured further when the Nano developer team and the exchange tussled and laid blame on each other on social media. It is possible that such poor press and accusations of insecure protocols could have made Coinbase wary of these tokens too.
Ethereum World News

Coinbase considering 8 new token listings, aiming to open up 90% total crypto market cap to users

Coinbase is reviewing eight new tokens for potential listing on its exchange platform, with the ambition to allow its customers to “have access… to at least 90% of the aggregate market cap of all digital assets in circulation.”  The exchange said in a statement today it is exploring the possibility of adding these new digital assets, without giving a clear deadline of when the review process will end. According to the statement, each asset will be evaluated against the exchange’s listing guidelines “to assess factors like security, compliance, and the project’s alignment with our mission of creating an open financial system for the world.” The eight tokens include Alogrand, Cosmos, Dash, Decred, Ontology, Waves, Matic Network, and Harmony. Join Genesis now and continue reading, Coinbase considering 8 new token listings, aiming to open up 90% total crypto market cap to users!
The Block Crypto

The ICO’s Comeback? IEOs Raised $262 Million In 6 Months

CoinGecko published its crypto market report for Q2 2019. The document reveals that Initial Exchange Offerings (IEOs) are on the rise with 72 projects raising a total of $262 million in the first half of 2019. Binance’s Initial Exchange Offering Platform, Binance Launchpad, started the “IEO frenzy” in January 2019, raising $7.2 million in 14 minutes for Bittorrent. ‘IEOs Seem To Have a Ceiling of $20 million’ While the average amount that Initial Exchange Offerings raised in H1 2019 was $3.7 million, the report revealed that the sums varied severely from project to project. The smart contract platform WaykiChain collected the largest sum, raising $18.5 million, followed by Lambda ($16.4 million), Poata Token ($15.4 million), Blockcloud ($15 million), and Top Network ($15 million). Only these projects managed to get funding above $10 million through their IEOs, representing 31% of the amount raised in the first half of 2019. “IEO projects seem to have a ceiling of $20 million in amount raised,” the report reads. Upcoming and Recent IEOs Name Status Date Binance Launchpad Elrond Network finished 01/07/19 More Infromation ﾿ IEO on Bitforex Blockium finished 20/06/19 More Infromation ﾿ IEO on Probit Guider finished 01/06/19 More Infromation ﾿ IEO on Crypton Crypton finished 30/05/19 More Infromation ﾿ Binance Launchpad Harmony finished 27/05/19 More Infromation ﾿ Binance, Gate.io Lead The Way CoinGecko’s research shows that the amount raised in IEOs not only differs by the project but by the exchange were the token sale was hosted. According to the study, approximately 50% of the IEO funds have flowed into the top five crypto exchanges with Gate.io, Binance, Okex, Huobi, and Bittrex leading the way raising $47.6 million, $27.2 million, $24.3 million, $22.7 million, and $16.9 million respectively. The researchers have compared how different crypto exchanges have performed based on the ROI of the IEOs launched on their platforms. Surprisingly, the cryptocurrency exchanges ZBG and ZB are in the lead (with an ROI of 820% and 553%) with Binance (513%), Gate.io (505%), and Hotbit (320%) following them. Despite their high-performance IEOs, both ZBG and ZB had only launched one IEO project, the researchers explain. Therefore, CoinGecko considers Binance and Gate.io as the top crypto exchanges for IEOs. An interesting fact about IEOs is related to the Bitforex crypto exchange that launched eight IEOs on its platform – the same number as Gate.io. Despite having the most Initial Exchange Offerings among all exchanges, Bitforex’s ROI is in the negative with the average Return on Investment being -37%. Top Winner Gained 1,800%, Loser Lost Over 90% Despite the fact that only half of the IEO projects are profitable, if one managed to invest in all of them, he would still gain 44% ROI.   The top gainers include Lambda (1,874%), Mixmarvel (1,249%), Lichang (1,138%), Bittorent (1,068%), and Global Trading System (820%) while the coins of IEO projects like Facepower and Aivia have lost over 90% of their value since their token sales.         The post The ICO’s Comeback? IEOs Raised $262 Million In 6 Months appeared first on CryptoPotato.
CryptoPotato

Global Coin Research: China CBDC, Binance expansion into Singapore, Libra faces thorny Thai regulatory pressure, and more

This twice-weekly newsletter is republished with permission from Global Coin Research, a global research firm with a focus on Asia blockchain and related technologies. You can find more resources on Asia Cryptocurrency and Blockchain at GlobalCoinResearch.com and on Twitter at @globalcoinrsrch Top News Ex- China central bank chief: Beijing may delegate the issuance of digital currency to commercial entities; may be rethinking its digital currency strategy. Source Binance announced the expansion of its fiat-enabled trading platform in Singapore. Source The American Foundation for Defense of Democracies has assembled an assessment of current and future risks of cryptocurrency use by countries adversarial to the United States - Venezuela, Russia, Iran, China. Source GCR talks to the CFO of Binance Wei Zhou on the Binance podcast to give a firsthand account of the Asian Blockchain Summit that took place in Taipei last week. Here are the highlights from our Interview with Binance CFO on promising regions for expansion; stablecoin; opportunities in Europe. Source Quick tweet takeaways from live workshop with Harmony Protocol on lessons from its Binance IEO listing. Source   Coins and Mining The Rising Trend of Exchanges Participating as EOS BPs; EOS Becoming Even More Centralized. Source GCR Contributor Network: An Indepth Look into Crypto Mining with Overview & Landscape of the Mining Industry by Chris McCann. Source Singapore’s Stock Exchange Backs New Ethereum Security Token Platform with technical support from ConsenSys. Source China hosted a conference called StakingCon with some of the active local players who highlighted the increasing trend shift from POW to POS. Source PundiX Wallet app has integrated Telegram chat and enable people to send crypto gift to their Telegram contacts; it has also ported XPOS to Verifone’s latest Android-based point-of-sale terminal. Source   Exchange News GCR’s interview transcript with Arthur Hayes on his debate with Nouriel Roubini, Bitmex at the Asian Blockchain Summit is now available. Source Polish Crypto Exchange BitMarket Shuts Down Citing Liquidity Loss. Source BitMEX operator grants $60,000 to bitcoin core developer. Source Japan’s Bitpoint suspended all services after losing about $32 million in a hack that involved Ripple and other cryptocurrencies. Source Binance burns $24 million worth of BNB tokens allocated to team; officially launches margin trading this week. Source   Business Hong Kong-based blockchain financial services firm Diginex Ltd. is scheduled to go public through a reverse merger with investment holding company 8i Enterprises Acquisition Corp. Subsequently, the firm will be listed on the Nasdaq. Source Fortress Investment Group is buying bitcoin claims from Mt. Gox creditors at $900 apiece. Source UAE is one of the few nations in the world where the local government has placed special emphasis on promoting the use of crypto. In Q1 2019, UAE-based blockchain startups were able to raise a total of $210 million. Source Jihan Wu’s new company Matrixport’s 3 KYC tiers- KYC1 is an identity authentication system, which can requires nationality and basic information; KYC2 is a non-Chinese user authentication system; and KYC3 is a Chinese user’s video authentication system. The higher the KYC, the more you can withdraw with 200k USDT. Source Given the cheap electricity in Iran, Iran crypto miners are scrambling to get a share of Chinese crypto mining machines.http://bit.ly/2XGqMiRAdditionally, Chinese cryptocurrency miners have made requests to Iran government through official channels for their cryptocurrency mining operations in the country. Source   Regulations The Stock Exchange of Thailand has floated the idea of launching a digital “stablecoin” to be used domestically at first before expanding into Cambodia, Laos, Myanmar and Vietnam if the asset takes hold. This is an attempt supposedly to tame Libra. Source And in response to Libra potentially entering Thailand, legal experts in Thailand claims that Libra may have thorny Thai debut with three possible scenarios-> an outright ban from financial authorities; no regulation in order to facilitate greater financial inclusion or an indirect attempt to support greater acceptance; and regulation through an intermediary. Source The government of Turkey has included a central bank-issued digital currency in its 2019–2023 economic roadmap. Source Vanuatu, a Pacific Island country, has extradited six Chinese citizens to the mainland in relation to the Plus Token Pyramid Scheme. Source EU Central Bank Won’t Add Bitcoin to Reserves — refusing to recognize it as currency in a Q&A session. Source
The Block Crypto

Crypto Analysis Of The Best-Performing IEOs Out Of Binance Launchpad

Binance is actively leading the charge to facilitate the mass-market adoption of cryptocurrencies around the world and one of the ways it is achieving this goal is through its Binance Launchpad platform. Binance Launchpad is branded as a “token launch platform for transformative projects” and it is designed to provide startups with the tools, introductions, and skills needed to raise funds through IEOs that is usually open to more than 10 million Binance users and potential investors. IEOs are expected to restore responsibility into how crypto projects raise funds due to the quality of due diligence the exchange is expected to conduct before it hosts an IEO. This year alone, Binance has completed four IEOs for BitTorent Token, Fetch.AI, Celer Network, and Matic Network – about $22 million was raised in between the four projects. The launchpad is currently conducting an IEO for Harmony and it has several more projects in its pipeline for the rest of the year.  This piece compares the performance of four Binance Launchpad tokens over the last several months with a view to determining the common denominating factors could potentially be responsible for the widespread adoption of IEOs going forward. BitTorent Token (BTT) BitTorrent Token IEO was launched on November 1, 2018 and it ended on January 28, 2019. The BTT token raised $7.2M in two simultaneous sessions – the sessions had investors buying BTT tokens with BNB, while the second stream had investors making their purchases with TRX. The IEO was sold out in about 15 minutes. From an IEO price of $0.00012, BTT soared to an all-time high of $0.001861 to deliver a colossal 1,450% gain within a month of its IEO. The token is currently trading around $0.001485, a 24-Hour volume    of about $140,618,148 and its market cap is around $314,845,373.   In the last month, BTT has started discarding the bearish weights and it appears to be building momentum for a breakout. The $0.00138 point has remained a resistance point to the $0.0015 barrier. A breakout above that resistance could send the token back on its way to $0.0018 and beyond. Matic Network ...Full story available on Benzinga.com
Benzinga

Binance set to launch Elrond [ERD]; Will ERD pump due to the ‘Binance effect?’

Binance, one of the largest cryptocurrency exchanges in the world, has announced the token sale of yet another token, Elrond [ERD], at 06:00 UTC on July 2, 2019. Elrond is among a list of other tokens like Harmony One, BitTorrent Token, Fetch.AI, and Matic to get listed on Binance’s IEO launchpad. According to the announcement, the […] The post Binance set to launch Elrond [ERD]; Will ERD pump due to the ‘Binance effect?’ appeared first on AMBCrypto.
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Bitcoin Struggles As BAT And ETC Lead The Charge

The cryptocurrency market has somewhat stabilized, presenting a predominantly green landscape as Bitcoin struggles to stay above the psychological $10,000 marker.   Cryptocurrency Market Situation. Source: Coin360   Sentiment for Bitcoin has seen a moderate improvement towards a strongly neutral outlook.   Bitcoin Sentiment Chart by theTIE.io   Despite this overall lukewarm performance, proponents of Bitcoin’s store of value potential have reason to rejoice today. According to a report by Digital Asset Data, BTC is increasingly gaining correlation with the broader asset markets – positively with gold, and negatively with the stock market. With a recession looming on the global economy, Bitcoin could fulfill the role of a “safe haven asset,” to which investors flock during uncertain economic times. Altcoins see recovery with ETC and BAT leading The rest of the cryptocurrency market is seeing strong corrections from yesterday’s fall, with two strong outliers making significant gains. Basic Attention Token is strongly reacting to its new listing on Kraken, a popular exchange part of Weiss Ratings’ Real 10 index of platforms reporting true volume. BAT has gained more than 15% on yesterday’s price, while curiously its partner-in-listing WAVES has registered a much more modest 4%. The stark difference can be explained by the contribution of other fundamental drivers, with BAT recently launching the much-anticipated online tipping feature in its browser.   BAT Recent Price Trend. Source: CoinMarketCap   The other outlier is none other than Ethereum Classic, which after an against-the-grain rally on Tuesday has continued today with a 14.6% gain. The total 7-day performance is a solid +21%, by far the highest in the top-50. As before, it’s difficult to give a meaningful explanation of the rally. The upcoming ETC Atlantis hard fork is scheduled in about 22 days, too far ahead to justify any price action, though the final confirmation was released on Monday. The run is likely to be due to a combination of factors, including possible whales entering ETC positions. The rest of the altcoin market is seeing moderate recoveries, with IOTA, TRON and Cardano gaining 8%, 6.32% and 6.42% respectively as the rest average on 3-4%.   The post Bitcoin Struggles As BAT And ETC Lead The Charge appeared first on Crypto Briefing.
CryptoBriefing

Casa Unveiled Node Monitor Service to Leapfrog Bitcoin Network Health

Coinspeaker Casa Unveiled Node Monitor Service to Leapfrog Bitcoin Network HealthA famous crypto startup firm recognized as Casa that offers primary management service, and Bitcoin node machine has launched a node monitor as well as accompanying reward program to develop Bitcoin network health.The firm revealed the latest innovation in an official website article on Aug. 21. Per the announcement, the node monitor known as Node Heartbeats depends on creating a brief relationship between the server of Casa plus, an internet synced and Tor-activated node owned by a user. The rewards program enables Casa node subscribers to earn 10,000 SatsBack weekly in exchange for operating 5 Node Heartbeat checks weekly, on separate days.SetBack can reportedly be converted for Bitcoin (BTC) just once per day on Keymaster app for Casa, as long as a consumer has garnered a minimum of 50,000 SatBack points. According to the report, Casa is firmly convinced that it`s hectic for consumers to keep up with the trend on their node`s uptime as well as security. By offering an inducement program to leapfrog node health, the firm reportedly expects to enhance the overall health of the Bitcoin network.How the Node Heartbeat OperatesTo verify that node is online, the company makes a concise link from their server to the users Casa Node. For this to be manageable, the user`s node must be synced, online, and with Tor activated. But with Tor, that indicates the node Heartbeat secures user`s privacy.Speaking of privacy, the Node Heartbeat only utilises the connection code of the consumer-the same code that is already existing in explorers and that which the consumer release to others who are willing to launch a channel with them. Sats App automatically submits the code for the users when they send a Heatbeat to saves them from the agony of looking it up.Guess Who Is The Latest Casa Investor?Charlie Lee, Litecoin (LTC) founder revealed just three days ago that he has heavily invested in Casa. He went ahead to praise Casa for spearheading BTC acceptance, indicating:“I have the same feeling about Casa today as I had about Coinbase when I joined in 2013 as the 3rd hire. Casa is making Bitcoin easy to use, and that is extremely important for this space. Looking forward to great things!”New Node Monitor by Lightning LabsAs initially reported by Cointelegraph that the designer of the high-speed transaction protocol Lightning Network, Lightning Labs recently unveiled an alpha version of a node monitor. The invented device, called Indmon, allegedly enables nodes operators to supervise node functions in real-time. Network cases this year reportedly influenced the developers to design a tool for preemptively detecting network and node issues.Casa Unveiled Node Monitor Service to Leapfrog Bitcoin Network Health
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Gemini Exchange Launches In Australia in Effort to Expand its ‘Crypto Needs Rules’ Brand

One of the most prominent exchanges, Gemini which is owned by Winklevoss Twins is now available for Australian crypto users. “Cryptocurrency is the future of money, and we're committed to building a bridge to that future in Australia.” – @tylerwinklevoss We are thrilled to announce that starting today, we are operational in Australia 🇦🇺 Read […]
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Tether to Launch RMB Stablecoin "CNHT"? CryptoNews

Tether is rumored to launch RMB Stablecoin. Such a move could land crypto in serious trouble in China as the RMB is tightly controlled and regulated. Binance Venus is also on its tails. Ukranian miners accidentally leak sensitive Nuclear Powerplant data. #Cryptocurrency #crypto #Tether RMB Stable Coin https://boxmining.com/tether-to-issue-rmb-cnht-stable-coin-rumor/ https://www.asiacryptotoday.com/tether-to-make-a-chinese-rmb-pegged-token-called-cnht https://cointelegraph.com/news/ukraine-crypto-miners-arrested-for-compromising-nuclear-plant-security https://www.coindesk.com/bitcoin-miners-halt-operations-as-rainstorm-triggers-fatal-mudslide-in-china 👍🏻Subscribe to Boxmining for Cryptocurrency Insight and News: https://www.youtube.com/c/boxmining 🔒Hardware Wallet: http://boxmining.co/ledger 👍🏻Brave Browser: http://boxmining.co/brave 📲Enjin Wallet: http://boxmining.co/enjin 👍🏻Unstoppable Domain: http://boxmining.co/unstoppable 📲Binance Exchange : http://boxmining.co/binance #Bitcoin #Ethereum #Cryptocurrency ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● Telegram groups (Discuss Crypto with us!) Telegram Discussion Group: https://t.me/Boxdatamining Telegram Announcements: https://t.me/boxminingChannel ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● ♨️Social (Add me on Social Media!) Instagram: https://www.instagram.com/boxmining/ Twitter: https://twitter.com/boxmining Facebook: https://www.facebook.com/boxmining Steemit: https://steemit.com/@boxmining ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● I'm not a professional financial adviser and you should always do your own research. I may hold the cryptocurrencies talked about in the video. ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬●
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Kraken To List Basic Attention Token (BAT) and Waves

Kraken has announced they will be listing BAT and WAVES, with pairs denominated in USD, EUR, BTC, and ETH. Trading commences at 13:30 UTC on August 22, 2019, and deposits will take 30 and 10 confirmations before being credited to users Kraken balances for BAT and WAVES, respectively, August 21, 2019. Kraken Expands Altcoin OfferingsRead MoreRead More. The post by Ashwath Balakrishnan appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News\
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