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Basic Attention Token (BAT) Wakes Up Following Bitcoin’s BTC $6,500 Target

Following the drop to $5,200 which the pair BTC/USD experienced last week, bitcoin proved many bearish predictions wrong with the present performance as it just topped the $6,400 mark with 5.60% increase in the last 24-hours which is equal to $400 gain. While its dominance against altcoins in the crypto-verse has been very visible since the beginning of April (BTC 56.0%), in most occasions when it is standing in the green in general the leading coins follow the positive sentiment. Source: coinmarketcap Read: All Eyes On $6,400: Bitcoin (BTC) Taps $6,100 In Clear Uptrend Taken from the above article – Mainstream analysts, like Fundstrat’s Rob Sluymer, are also bullish. In a research note released just recently, the Fundstrat Global Advisors chartist wrote that “Bitcoin’s long-term technical profiles continue to point to a new up cycle,” looking to the fact that BTC continues to trade far above its 200-day moving average. This comes just days after he remarked that it would be wise for investors to “use pending pullbacks,” which may soon arrive as a result of Bitcoin being overbought per some indicators, to “accumulate BTC in the second quarter.” However, keeping mind that the next resistance to clear is the very important $6,450 which as acted as a support for a very long time before the great decline. On the other hand, per time of writing the famous yet 23rd ranked cryptocoin Basic Attention Token (BAT) has recovered 21.60% in the last 24-hours leading the BTC market for 15.20% – reaching a level of $0.3433 against the US Dollar. The expansion of Brave, an internet browser which is built with blockchain technology and uses Basic Attention token as means for transferring value through the browser is a great example of how day by day it become more convincing for more people that cryptocurrencies have the potential of daily usage. Recently, the browser even took over the position of Google Chrome as the second most downloaded browser for mobile for a short period of time. At the moment, both browsers are competing for the second position, with Mozilla Firefox holding the first position. The browser integrates its code with a wallet that allows users to reward content creators and receive rewards for their interaction: Last week, we hooked up our cryptocurrency wallet to our Brave creator account. Those tiny micropayments that Brave users had tossed into the Archive’s virtual tip jar had accumulated, growing into more than 9k Brave Attention Tokens (BAT) – the equivalent of $2500 USD! – the team added Its story – The Basic Attention Token, which transacts the token transfers in the via Ethereum’s blockchain, made its debut in the cryptocurrency industry with the target of resolving present marketing and advertising issues with which individuals have to deal with in the particular industry. The post Basic Attention Token (BAT) Wakes Up Following Bitcoin’s BTC $6,500 Target appeared first on Ethereum World News.
Ethereum World News

Why Vitalik Buterin thinks Ethereum and DeFi will disrupt finance

Vitalik Buterin asserted that finance is likely the first sector that will be disrupted by blockchain. The advent of decentralized finance (DeFi)—with projects such as MakerDAO, Augur, Uniswap, and Etherisc—has the potential to disrupt the “insanely inefficient” sector. Is DeFi Ethereum’s Killer App? Vitalik Buterin said while delivering a talk at ETHCapeTown 2019: “If you compare it to existing technology outside of blockchain, finance is the sector that’s the most terrible. In many countries, even really developed ones like the United States, you’d be surprised how insanely inefficient it is to move money between accounts and once you start talking about international payments then it gets even worse.” Buterin suggests that less regulated sectors outside of finance are already employing technology effectively. Companies such as Amazon, Airbnb, and Facebook have built entrenched applications whose user experiences, some would say, border on addictive, making it difficult for blockchain-based applications to compete in those niches. As elaborated upon by Buterin: “Anywhere outside of payments people are already used to being able to spin up whatever you want in one click so the bar that anything decentralized [and] blockchain has to compete with, just purely usability wise, is higher.” Now, according to Vitalik Buterin, because blockchain technology is rapidly improving decentralized finance applications can “really start taking off.” Building the Ecosystem Some of the applications Buterin mentioned include MakerDAO, a platform for getting ETH collateralized loans in exchange for Dai stablecoins; Augur, a decentralized prediction market using Reputation and group consensus; and Uniswap, a protocol for automated token exchanges for swapping ERC20s. However, Vitalik Buterin did temper his statements with reservations that the above are “pure applications” of stuff that only tends to happen in the crypto space. There’s “not too much connection to things outside of blockchain” for those applications. Bridging Blockchain and Real-World Finance That said, Buterin did mention there are some applications and projects that are beginning to bridge the worlds of DeFi and traditional finance. One of those applications is decentralized parametric insurance. Traditionally, insurance is managed by massive conglomerates which require large amounts of overhead and incur large administrative costs. Furthermore, by nature of needing to churn a profit, insurance companies pay out less than the average user stands to gain from an insurance premium. Related: Understanding Vitalik Buterin’s proposal to change Ethereum’s future staking rewards Decentralized insurance products such as Etherisc, HurricaneGuard, Nexus Mutual, and Dynamis may be able to mitigate many of these costs. Decentralized systems have the potential to reduce the overhead required for administering payouts while avoiding some of the regulatory burdens because of the decentralized nature of their products. Consequently, it may be possible in the near future to create usable insurance products, built with smart contracts, that pay out more and cost less. These platforms tend to operate by users locking up cryptocurrency (or stablecoins) to a pool. Then, if a binary event happens as determined by an oracle (a source of data linked to a blockchain that verifies real-world occurrences) then the pool pays out to the affected users. No centralized intermediaries, administrative overhead, or large fees are necessary for the system to operate effectively. Evolving Beyond Collateral Other ways Vitalik Buterin sees DeFi evolving is the need for collateral. Although he’s “not sure” if things can evolve past collateral based systems, by leveraging identity and reputation it may be possible to build effective credit systems on the blockchain. “[If we] have an ecosystem of identities which have the ability to make claims about each other that’s something you can definitely leverage for reputation and credit and all those other things.” Another potential solution Buterin proposes are rotating savings and credit associations popular in West Africa and the Carribean. In such an arrangement, a group of people who trust each other pay a fixed contribution each period and that is then distributed to a single member of the group. The recipient changes each period in a rotating fashion so all members are eventually recipients—effectively serving as a loan for earlier recipients and savings accounts for late recipients. If such a system was incorporated into a blockchain scheme it might be possible to reduce the amount of collateral needed, Buterin suggests. DeFi Defines Ethereum As proclaimed by Ethereum co-founder Joe Lubin’s company, ConsenSys, there are over 100 projects pioneering decentralized finance: “Decentralized finance has grown into one of the most active sectors of blockchain in 2019, and Ethereum projects in particular have raced to the front in establishing an ecosystem with global network effects and interoperability.” Like the ICO craze of 2017 that Ethereum facilitated with its ERC20 token standard, perhaps decentralized finance is the next “killer” application that will push ETH to the forefront. The post Why Vitalik Buterin thinks Ethereum and DeFi will disrupt finance appeared first on CryptoSlate.
Cryptoslate

Japanese Banking Giant Mizuho’s J-Coin Should Not Be Mistaken for a Cryptocurrency

CoinSpeaker Japanese Banking Giant Mizuho’s J-Coin Should Not Be Mistaken for a Cryptocurrency Last week, the news broke out that Japan’s banking giant Mizuho is soon to launch its own cryptocurrency J-Coin. Considering Japan being the most crypto-friendly nation, it wasn’t much of a surprise. Several news outlets including Coinspeaker reported about J-Coin’s arrival this month. However, according to a report from Quartz, it turns out that J-Coin is not a cryptocurrency. Thus J-Coin has nothing to do with blockchain as well, functionality wise. Instead, Mizuho’s J-Coin is just an initiative in-line with the Japanese government’s attempt to move towards a digital economy. A Push for Digital Economy Currently, Japan lags a lot behind compared to other developed economies when it comes to moving digital. A majority of the transactions happen through cash. However, there are several reasons for the low adoption of digital payments. The negative banking interest rates discourage people to go digital while encouraging to hoard more cash. Furthermore, the extremely low crime rate in Japan makes it comfortable for people to carry cash. Also, the majority of the Japanese population is turning old. Hence there is a lesser willingness among them to move and adopt new for digital payments. With the Tokyo 2020 Olympics approaching closer, the Japanese government is encouraging several financial institutions to push ahead its digital drive. The Mizuho bank will thus implement a QR code-based smartphone payments system. This approach is quite similar to that employed by Chinese platforms like WeChat Pay and Alipay. These two currently serve over 700 million users in the Chinese financial market. The QR code system will integrate users’ bank account and allow them to instantly pay for goods and services. Digital Is Not Always Cryptocurrency Over the last few years, cryptocurrencies have made a huge impact on the global economy. Thus digital payments have turned synonymous to crypto payments. Furthermore, the name J-Coin sounds quite similar to other crypto tokens in the market. Two years back in 2017, a Mizuho spokesperson told CNBC that they are developing a “digital currency platform”. Also, the new digital currency shall be linked to the Japanese Yen. However, we can safely predict that the digital push by the Japanese government can help its local companies to move towards blockchain-based payments systems which are more secure and fast. Currently, there’s a lot of buzz in the global financial market for virtual digital currencies. Also, a number of big corporations are slowly shifting towards adopting the crypto bandwagon. Recently, the American multinational investment bank JP Morgan Chase announced to launch JPM Coin ahead this year. Based on blockchain technology, the JPM Coin will facilitate faster money transfer across the entire suite of JP Morgan’s global clients and associates. Currently, the bank doesn’t plan to use JPM Coin for the retail purpose. On the other hand, tech giant Facebook also announced to launch its “Facebook Coin” for use across all of its messaging platforms. Initially, it will launch the crypto token on WhatsApp while integrating it later with the infrastructure for Messenger and Instagram. Japanese Banking Giant Mizuho’s J-Coin Should Not Be Mistaken for a Cryptocurrency
Coinspeaker

Top-20 Exchange Just For One Year! The Story Of LATOKEN

Less than two years have passed since the ICO stage and LATOKEN is already among biggest exchanges in the world by daily trading volume. How it was possible to reach this level for such a short period of time? What helped to develop such a sophisticated project? What are the major trends in crypto field currently and how LATOKEN is going to cope with them? The CEO of LATOKEN Valentin Preobrazhenskiy answers all of these questions and sheds a light on current market situation and LATOKEN’s growth plans! Q: It is a big pleasure to speak with you, Valentin. It would be extremely interesting to discover LATOKEN’s story of success and to know your plans on future developments and improvements. So, let’s start: What inspired you to build LATOKEN exchange? VP: Capital markets are delivering incentives from the future. They deliver signals from the future to use resources in a wise way, in the most productive way for today. Investors compete with each other to predict which asset or product will be more profitable, obtain a bigger market share, or deliver more value to customers. While trying to predict all of these issues, they relocate their resources. As a result, they open the doors to a huge number of entrepreneurs to establish companies that will create brighter future. And the efficiency of it all is measured by the amount of resources relocated. Blockchain is a perfect instrument to unlock the access to the capital markets. Right now, only 15% of the world population have access to capital markets. This technology allows us to reach more people out there. At the same time, blockchain offers a unique possibility to significantly broaden the amount of tradable assets. Q: I would say that LATOKEN is a story of huge success. The company is already among the Top 20 exchanges by daily trading volume. How did you make it possible? VP: We are investing huge money in the development of our building and matching engines, as part of an infrastructure capable to meet the demand of sophisticated, high frequency traders and institutions. Also, we are onboarding real customers in search for liquidity in new tokens. As we are leaders in liquidity for many popular tokens, LATOKEN has become a top choice for members of the crypto community. Q: As I have already mentioned, LATOKEN is among the top 20 crypto exchanges by daily trading volume. What is your expectation for 2019? VP: We want LATOKEN to become the #1 exchange for transborder money transactions and the assets market. We are building a solid infrastructure to help us reach that goal. We are developing our own blockchain to serve a powerful transborder payment system. Q: LATOKEN was conceived as a platform for asset tokenization. There are some examples of art tokenization and even real estate projects. Is there anything that can’t be tokenized? VP: Where is the demand for assets tokenization? Which assets will have enough demand for liquidity? These are important questions when talking about tokenization. Technically, nearly everything can be tokenized, but not everything has sufficient demand. Let’s take an example: the cost of tokenization, the cost for transparency, for consumer goods could be higher than the benefit from liquidity. So, if you tokenize a car which is a subject to damages, you will also have a cost for the analysis of the car conditions. Eventually, the vehicle will likely go out of fashion. Therefore, you will understand that there is no need for tokenization of your car in terms of building investment instrument. You can opt to invest in a leasing company which can issue tokens, but not for a unique car. Q: Security token offerings are rapidly raising in popularity. Do you think that Security Token Offerings is the number one crypto trend in 2019? VP: Well, I cannot say that it is the №1 trend in crypto world, but it is definitely a giant that’s sleeping right at the moment. STOs could help create a transborder equity markets which allows people from Africa or any place in the world to invest in American or European equities. Secondly, security tokens have the power to turn illiquid assets into liquid ones. Private equities, venture funds, startups: all of them can issue shares and be traded in a secondary market. In my opinion, the number one case for this year is stablecoins. To be more specific – the rise of stablecoins for the transborder payment applications. This is a top business case for 2019. Q: What role stablecoins play in LATOKEN’s ecosystem? VP: More than $5 trillion are traded on average each day in the Forex market. Stablecoins can facilitate transborder transactions. As they’re based on blockchain, they offer significant value for traders, potentially persuading them to switch from fiat to stablecoins in the future. There is no need to interact with private corresponding banks which can possibly hold your international transaction for 3-5 days and charge a big commission for it. Processing a transaction on blockchain takes just a few minutes. But that’s not it. There is another interesting use case. Nowadays, people need fiat currency to purchase food and goods in most countries. If they have crypto, they are forced to exchange it, rather than use it directly for day-to-day operations. Here is where stablecoins come into play. Their stability makes them a great digital alternative for the regular user, to send and receive money. LATOKEN has already listed 7 different currencies: US Dollar (USDL), Euro (EURL), Indian Rupee (RUPL), British Pound (GBPL) Swiss Franc (CHFL), Argentinean Peso (ARSL), Brazilian Real (BRLL). Users can simply log in, put British Pounds, get Rupees or exchange them for any other currencies on our marketplace, no matter where they are, and it’s all done at the blink of an eye. Stablecoins are extremely convenient and useful for the transborder transactions. Q: I would like to dig more into security token offerings. I know that plenty of security tokens are already traded on LATOKEN. In fact, there is full STO coming up soon on your platform. What steps did you take to embrace the security tokens trend? VP: First of all, we’ve partnered up with a broker dealer to issue security tokens. Secondly, we guarantee that qualified investors within the LATOKEN platform get access to these new investments. It works for most countries. The infrastructure of the LATOKEN ecosystem has allowed us to list 5 security tokens already. We are one of the pioneers in security tokens listings landscape. We have a full service of security token launching on LATOKEN. Q: Even though the trend seems to be moving to STOs, there are still more ICOs in the market. What do you think about ICOs as the way of fundraising? VP: I think the ICO model is still relevant. But if you attach equity to your token then it will make it more attractive to investors. The guys who came up with utility tokens they expected these currencies to conquer a future global market. It is like a .com bubble. Thousands of companies created, but only a few will lead the world in terms of capitalisation. The same applies to blockchain. I believe among all of these startups there are future market leaders. Q: Listing on LATOKEN… What value does it offer to projects? VP: Listing your project on LATOKEN could help you acquire new users rapidly, onboard real community members, traders. In many cases, the ability to generate “network effect” is crucial in determining a project’s success. And to do so, it’s extremely important to rely on your exchange. We distribute information about all listed projects among hundreds of thousands of traders through our multiple communication channels, including email blast and social media profiles. We also feature some projects on our main site, which is visited by 2 million people per month on average. Telegram is also an extremely powerful tool that can bring up to 100K verified users to the project. Additionally, LATOKEN offers several promotional activities to boost engagement with the crypto community, such as airdrops or trading competitions. Q: Your new currency “L” will be issued on LATOKEN’s blockchain. Am I right? VP: Yes, L will run on our own blockchain. It will serve as a payment method, with the commission within it. Many other tokens will also be issued on our blockchain, including tokenized fiat currencies to be used for transborder transactions. I see L token as a tool that will revolutionize the market of transborder transactions.   Q: I think it is impossible to build such a sophisticated system without a strong ideology behind and a special approach with employees. Some people think that the most important part of success is the people that surrounds you. Do you agree with this statement? VP: Yes, absolutely. People live in other people’s minds. Each time we interact, a part of ourselves will remain with the other person. It works like blockchain. We copy information from each other to a synopsis of each other. When someone dies – a part of him/her will still exist in the brain of others. The more value this part has – the more chances that the millions of people will replicate it. Actually, I think that developers are creating a new form of life. If code is good enough, it will be present in millions of mobile devices and replicate itself. Q: What are the main skills that you appreciate in people? VP: The ability to find a way to maximize value for clients and to enjoy the way you do it, creating new ideas, using an innovative approach. Q: Who is invited to take part in the further development of LATOKEN? VP: The one thing required to integrate an innovative teams is the ability to produce 100 times more efficient performance than other teams on average. It is the only way to create the best product in the market and to create real value for clients. Q: Is it important to have a solid background in crypto to work for LATOKEN? VP: Experience in the crypto world is always a plus. Many people from capital markets who understand how blockchain solves the double spending problem come to crypto with open eyes, with big interest. We appreciate such kind of people. Q: What would you advise people looking to build something similar to LATOKEN? VP: I think there are some people who have a big experience in capital markets, in tech entrepreneurship, who are capable to put together high performance teams to create something that will conquer the market. However, I think that current situation is not good enough to enter this space. It is already overcrowded. Users will always follow bigger liquidity. And there are already many big and popular exchanges. Anyway, we support all of the exchange projects which have strong teams and great plans to deliver real value. They can come to our launchpad or get their token listed for secondary trading on our platform. Q: I believe that cryptocurrencies are going to replace fiat money entirely in the near future. What are your expectations on Bitcoin’s price? Which cryptocurrencies you think will lead apart from Bitcoin? VP: I think that Bitcoin price will continue to decline as a lots of stablecoins are starting to be used globally for transborder transactions. Recently, $2 billions were used to buy stablecoins. This case have already affected the price of Bitcoin. Q: The last question. Is Bitcoin going to be replaced by LA token? VP: This opportunity is on the table. We’ll do our best to take advantage of it and make it happen. The post Top-20 Exchange Just For One Year! The Story Of LATOKEN appeared first on ZyCrypto.
ZyCrypto

Experiences Building a High-Performance Telegram Bot

What it Takes to Building a High-Performance Telegram BotLicensed image by PenderevTelegram is an instant messaging service just like WhatsApp, Facebook Messenger, and WeChat. It has gained popularity in recent years for various reasons: its non-profit nature, cross-platform support, promises of security, and its open APIs to build any integration or bot tailored towards your needs.Especially in the world of crypto, Telegram bots are a common thing to regulate ICO signup, airdrop campaigns, or any sort of verification. The GroupButler bot is used often to verify users via a captcha, remove links in chats, or prevent the chat from flooding. Let’s take a look!Telegram API Performance LimitationsCurrently, Telegram is limited to sending a maximum of 100 requests per second to your backend. The sooner you are able to process this request and reply, the sooner users will see the changes in the bot client.However, the problem starts when the backend is unable to process the user’s request or puts it in a queue to be processed. Whenever the Telegram API detects a request has not been processed, it will start to repeatedly resend the request, flooding the backend on its own. Only one minute of downtime is enough for a high-performance bot to receive a backlog of 5 to 15 minutes because of these repeated requests called “REQUIREMENTS OF PROVIDED CALLS”.Possible SolutionsFirst of all, the programming language matters a lot. It is wise to choose any high-performance language like Rust, Golang, or even Scala.Another aid is the implementation of a load balancer. You would think it mainly helps to increase speed, but it is not. When a user does not receive a response in less than one or two seconds, they tend to resubmit the request or try other things that can possibly break the flow. Therefore, a load balancer is much needed to filter out redundant requests or wrong actions to guarantee fault tolerance.Besides that, the BUTTON wallet team recommends using a SQL database as it’s a more consistent solution than MongoDB for example. Also, it allows you to assign responsibility for the consistency of the data to the relational database itself, using Merge or Upset operation instead of Insert for each query.At last, Redis is a great solution for storing all queries in it for a short amount of time and slowly process them. Redis will also allow you to easily scale your bot if one instance of the application fails. Through Redis, you can organize a queue of messages, for example. Thus, you can eliminate errors when you receive repeated requests from Telegram.Architectural ViewIf you have complex navigation with a lot of business logic, you need to think about a pattern like MVC or MVVM (View as a layer to display info to the user via abstractions in bot).We have seen a lot of users who don’t have any normal handling of double responses and navigation logic. All of them are absolutely not user-friendly and are looking dump.Therefore, the BUTTON wallet team came to the conclusion that it is rather stupid to write a lot of ifelse to different variants of answering and processing user input and pollutes the code. That’s why we decided to abstract from the fact that the user interacts through bots and generalize it so that the user sees some “pages”.UI Tips For Building BotsIt is highly recommended to use a combination of text and emojis to make things stand out or add additional information about what the button is capable of doing.A keyboard (view with buttons) provided by a bot can be hard to understand as there is limited space for text, therefore adding emojis is a smart move.In general, keep things simple and do not add too many buttons to your keyboard view at once. It will only lead to confusion and wrong user input. Limit the number of options to maximum two or three.Closing NotesAs it is fun to code your own Telegram bot, there are definitely a lot of important decisions to be made when scaling your bot to a more high-performance level. As you can read, Telegram has it’s limitations, however, it is possible to avoid these using the right tools like a load balancer, caching, queuing or even changing the programming language. Good luck!Experiences Building a High-Performance Telegram Bot was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
Hackernoon

Buying The Deep Is (Not) Always Wise: Meet The Investor Who Lost Over $100K Buying The Deep of This ICO

One of the best investment advice is to buy when others are desperate to sell and to sell when others are desperate to buy, or “buy low, sell high,” easy as that. Buying the deep could sometimes be wise, however, some other times it could turn out to be just a “falling knife” (and no one can couch a falling knife). How successful that advice turns out should depend on what you are buying as the pathetic following story of this crypto investor. While the crypto markets tumbled throughout 2018, the crypto trader possibly liquidated his Bitcoin holdings to invest in a new promising ICO – the ERC-20 based Substratum. The SUB token, at that time ranking among the largest 50 cryptocurrencies by market cap with an all-time high of $650 million market-cap, was starting to decline along with Bitcoin and the whole market. As the price of SUB crashed, he intended to buy the deep and average down his entering price. He acquired over $100k worth of the now tumbling SUB token and increased his position as the bear market went on up to $115k Binance delisting: Cashing out just $7K It turned out that the Substratum project, which promoted the idea of “the different internet,” turned out being a complete scam. It was later discovered that the founder of the Substratum project was gambling on investor funds with not much work being done with regards to the ICO Whitepaper. Additionally, the project had fake announcements on new partnerships and had a lot of red flags around it. The SUB token got recently delisted by the major crypto exchange Binance and subsequently crashed even more down to a market cap of under $7 million (a 99% loss). With no other financial option, the desperate trader has to liquidate what remained from his investment: a mere $7,000, following a $115,000 investment. Substratum Chart over the past year. a 99% loss. Indeed, while investing in cryptocurrencies is never a bad idea, a thorough understanding of a project, the team behind it, and their roadmap goes a long way to save investors from heartache. And even if you make the above thoroughly, if the market sentiment is bearish like the recent year, nothing is likely to help. Also, while buying the deep, diversification could be the survival route especially when it comes to speculative investments like mid and small cap altcoins. It’s always recommended to define stop-loss. Learning the hard way is never a sweet experience while learning from other people’s experiences could save you some. The post Buying The Deep Is (Not) Always Wise: Meet The Investor Who Lost Over $100K Buying The Deep of This ICO appeared first on CryptoPotato.
CryptoPotato

ICO Fund Falls Below $100 Million in Jan 2019, Dying or Changing?

Recently, the market for initial coin offerings (ICOs) is eerily quiet under the double pressure from both the governmental regulation issue and currency crypto bear market. According to the data from ICORATING, the global ICO market has just raised $76 million in the first month of 2019, representing a decrease of 94.1% year on year. In January 2018, the capital raised by ICOs reached $ 1,289 million which is 17 times of current amount. Most of the insiders believe that the rise of STO (security token offering) accelerates the ICO flop. As an obvious transition is taking place in the digital token market, investors are becoming more wise and rational. “As they continue to mature and people become more familiar with blockchain technology, we expect STOs to become more prolific,” said Eric Ervin, CEO of Blockforce Capital. In addition, many countries have strengthened their regulation over ICO market. On January 15, 20019, Malaysia’s Securities Commission (SC) announced that it could categorize cryptocurrencies such as Bitcoins as securities. “Any person offering an ICO or operating a digital asset exchange without SC’s approval may be punished, on conviction, with imprisonment not exceeding ten years and fine not exceeding RM10mil,” said the minister of SC. According to SC, a complete legal framework for the cryptocurrency industry would be released by Q1 2019. On January 31, South Korea financial regulator the Financial Services Commission (FSC) confirmed that the country will continue to ban ICO citing lack of stability and ease of manipulation. Moreover, The Organisation for Economic Cooperation and Development (OECD) has also called on global regulators to work together to facilitate the development of initial coin offerings (ICOs), according to a report released Jan. 15. Nevertheless, some of the crypto adherents considered that ICOs aren’t dead, investors are just doing more due diligence and looking for more credible and vetted blockchain projects, and the fundraising model in blockchain industry keeps evolving, and STO may be a better way at this stage.
8BTC

New Crypto Company Survey Reveals How Blockchain Startups Are Surviving the Bear Market

The crypto market crash that occurred in January 2018 has marked the start of a crypto winter that has lasted for over a year at this point. As such, it has affected numerous aspects of crypto and blockchain industries. Further events such as the crypto world abandoning the ICO trend and failed attempts to regulate the space did not improve the situation either. But, with all that said, how much did the crypto winter affect crypto-based startups? For the most part, startups have stated that they did not experience major setbacks regarding their product roadmap. While they still feel affected by the bearish market, the situation has not been bad enough for the projects to be abandoned. Funds Management One of the best strategies of successful startups has been to avoid ICOs. While coin offerings proved to be a quick way to get investment money during the rally, it is not wise to build the entire project based on the money which can be affected to high volatility. Instead, many of these startups decided to turn to traditional fundraising and get their funding in fiat currencies. Livepeer is one of the best examples, as the company kept its money in fiat at all times. That way, when the crypto market crashed, the company was not affected, even if the entire ecosystem of the space they are working in did. While the traditional methods of fundraising may appear to be the best option, there are also numerous startups that survived even after raising money via ICOs. The founder of a trading company Altonomy, Ricky Li, stated that he advised ICO clients to liquidate enough Ethereum to be able to run for at least two years, just in case something happened to the market. Those who listened to his advice managed to avoid being affected by the market, while the others are either out of business already or struggling to survive in current conditions. Another advice that Li gave was to move ETH into crypto indices. That way, they would not be exposed to a single asset. There are other precautions that some ICO-based startups made in order to ensure their survival if the worst comes to pass, and this way of thinking is what allowed them to continue growing and developing even during the crypto winter. Some of the projects have been around for a long while, and they even got to feel the previous bearish market. Because of that, they were prepared for handling the next one, even if it takes years for the bears to loosen their grip. The smart treasury-management plan appears to be one of the key factors in surviving the crypto winter, and projects that realized this early are the ones that are still around today. The only other way for them to keep their core ideas alive is to merge with other companies and join forces in order to achieve success. This may lead to combining ideas, improving user experience, and increasing companies' chances of surviving the crypto winter. Developer Hiring During The Crypto Winter When it comes to the employers' market right now, many of the startups stated that their bargaining position has improved during the crypto winter, especially when it comes to hiring new blockchain engineers. Projects that have failed due to the crypto winter have left a lot of talented developers available. As a result, successful startups can find the best talents currently available and grow their businesses further. This is something that many corporate giants did back when they were starting off, including Amazon and Google. Meanwhile, while most companies claim that hiring is easier since people are in need for a job, there are also many talented developers who have become skeptical of crypto and blockchain technologies due to a bad experience. Even if they were optimistic about these technologies when they started working, the crypto winter placed them in a difficult situation. Cutting The Unnecessary Losses Another practice that a lot of companies have deemed necessary is to reduce their losses wherever they can. Because of this, firms have decided to reduce the number of events that were originally planned, as well as expenses regarding public relations. Company 0's Marco Peereboom, for example, stated that traveling around to meet small audiences is currently a waste of time and money. Peereboom is not the only one to have come to this conclusion, as numerous startups' officials have mentioned having similar issues. Some firms have even opted to cut back on PR firms and other contractors. And, while they are trying to save up by not spending, they also had to dismember internal teams that are not crucial for the company's current goals. Unlikely Survivors Despite the fact that going long on ETH is typically a bad idea when there are indications that the crypto winter might arrive, some companies have decided to do it anyway. However, unlike most, they are somehow still going today. Some of them have introduced minor changes to their original plans, but they are still around, conducting their business. One example of this is the Bee Token, which is seen as one of the Airbnb competitors. The company is currently gaining revenue via traditional fees, while they gave up on their original plan, which was to grow via their token value. Others turned to smart contracts to provide their backers with more power, although the consequence of this is that their flexibility has been reduced. What To Expect In The Future? After an entire year of a bearish market, many have started noticing similarities between this market crash and the one that struck in 2014. One of the largest differences is that ICOs managed to raise a lot of money before the crypto winter, and token sales even continued after the crash. Some platforms also have plans to hold token sales in the future, when they decide that the time is right. However, even when the coins end up generated, there are other troubles that will follow, such as deciding when to push for token listings. While the platforms and startups depend on their coins in order to build a community and continue their development, if the selling pressure ends up being too high, it might have negative effects on the entire project.
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ICO SABIGLOBAL Project’s Summary – Biometrics of the Future Now

SABIGLOBAL develops a new universal, reliable and convenient biometrics that doesn’t require fingerprints, gait analysis, voice recognition, face or eye scan or vein pattern. The system of adaptive biometric identification (SABI) is based on the adaptive response of the human body at the cell level to non-contact electromagnetic scanning. The response on scanning in every living organism is unique, like DNA in cells, and can’t be faked. SABIGLOBAL develops a new universal, reliable and convenient biometrics that doesn’t require fingerprints, gait analysis, voice recognition, face or eye scan or vein pattern. The system of adaptive biometric identification (SABI) is based on the adaptive response of the human body at the cell level to non-contact electromagnetic scanning. The response on scanning in every living organism is unique, like DNA in cells, and can’t be faked. The human organism, getting into the field of action of the SABI authentication module, automatically forms an adaptive electromagnetic connection with the module. The module, continuously scanning a person, identifies his personality, comparing the current response of the organism with the saved profile. The SABI module is used to access information systems, and it is embedded for access to mobile devices, computers, cars, rooms. Biometrics helps create a safe and convenient world. This is one of the fastest growing and most promising technology areas of the market: – according to Wise Guy Reports, Research and Markets and others, biometrics will be implemented in 86% of companies by 2020; – according to Biometrics Research Group, Inc., the volume of the mobile biometrics segment is estimated at more than $ 50 billion by 2020; – the number of mobile phone users, cold cryptocurrency wallets and computers with biometric sensors is increasing by 20% per year. SABI is superior to existing biometric systems on the market: – authentication can be performed continuously while the user is in the scan radius; – the electromagnetic response of the organism can’t be lost during life; – the profile of the electromagnetic response of the organism can’t be faked; – scanning is carried out without contact and automatically without special actions of the scanned person. The new SABI biometric identification technology will replace all previous outdated biometric technologies, just like MP3 players have replaced all outdated types of players. White paper: https://sabiglobal.io/docs/WhitePaperRU.pdf The database of the electromagnetic response profile of the human body for authentication can be stored on the SABI module itself, on a telephone, computer or any server. But it is also created a SABI-net, a global distributed authentication network based on the blockchain, where the SABI user profile database is stored. Thanks to the blockchain, the database can’t be changed and has no owner, so the authentication becomes even more reliable. SABI-net can be used by suppliers of goods and services to authenticate their customers, and, if it is necessary, authentication can be anonymous. Blockchain document: https://sabiglobal.io/docs/TLBlockchainRU.pdf SABI technology is already in the process of patenting. All basic technology elements are tested and proven: • the body was investigated at the cellular level, without coming into contact using a high-frequency electromagnetic signal, and the necessary information was obtained by company to identify the person in the feedback signal; • SABI technology, aimed at receiving a feedback signal from the body, adapts to changes in the body, therefore, remains stable over time; • a unique algorithm was created for tuning and processing the feedback signal in order to get the necessary information from it. The SABIGLOBAL is proceeding to the final stage of the production of a working model now. This requires resources to attract additional narrow specialists and equipment procurement. With the necessary funding, the working model will be assembled within 3-4 months. For over 10 years, company has been conducting research in the field of biotechnology and creating medical physiotherapeutic and diagnostic devices. This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of NullTX. This is not investment, trading, or gambling advice. Always conduct your own independent research. The post ICO SABIGLOBAL Project’s Summary – Biometrics of the Future Now appeared first on NullTX.
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Video: Augur Indicators Bright, But Is It A Good Bet?

Today’s Video Briefing covers Augur, one of the biggest projects to hit the mainnet in the past year. Augur was one of yesterday’s big winners, and at one point showed a daily gain of over thirty percent. Although the five million dollar ICO was tiny by contemporary standards, it’s one of the most hotly-anticipated use-cases for smart contracts. But do Augur’s recent gains make it a good bet? Kiana introduces how the decentralized predictions market allows trustless betting on everything from sports games to election outcomes, thereby allowing markets to benefit from the wisdom of the crowd. But, as always, there’s a catch, and this crowd might not be as wise as one might hope. Next, Kiana takes a look at Augur’s technical indicators, with a bullish break above the Ichimoku Cloud, which could be an indication of changing market sentiment. That doesn’t mean anything for certain, but it could be a sign of where this crowd is heading.   Join the conversation on Telegram and Twitter! The post Video: Augur Indicators Bright, But Is It A Good Bet? appeared first on Crypto Briefing.
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China’s Analysts Say Cryptos May Not Make a Big Comeback in 2019

2018 was a rough year for the cryptocurrency space as bitcoin and other altcoins lost some 80 percent in value over the last 12 months. As 2019 kicks off, crypto investors are eager to know whether this year will be better year for the market than 2018. As of today, the the 2018 price rout of cryptos shows no sign of turning around, while pessimism and fear are still dominating the market. China’s crypto analysts remain cautious toward short-term future of cryptocurrency and argue that the market is unlikely to see a big comeback this year, according to the Beijing News. Sun Hang, a senior analyst at Token Club, said there is a slight possibility of seeing a crypto comeback in the short run due to an imbalance between digital currency supply and demand. “ Even if there is a turnaround, it is expected to arrive in the second half of 2019,” Sun said. When asked about whether it is wise to invest in bitcoin in 2019, Sun indicated it depends on the investor’s investment cycle. “If you plan to hold bitcoin for 3 to 5 years, it makes sense to buy dip  in 2019. But if you have a short investment cycle , like one year, then you should be careful because bitcoin is unlikely to outperform other investment targets due to the limitations of blockchain technology over the next 12 months,” Sun said. He was not sure when bitcoin could find its bottom, but he believed more and more supporters of decentralized currency will invest in the world’s largest cryptocurrency. Another cryptocurrency analyst Huang Liang took a more cautious stance towards the future of the market. “At both macroeconomic (tight liquidity within the crypto market) and microeconomic level (slower-than-anticipated blockchain adoption), 2019 will not be a year for bitcoin’s strong corrective rally,” Huang said, adding that the price of bitcoin will possibly drop further. The Beijing-based bitcoin analyst Xiao Lei shared the same thoughts on crypto’s journey through 2019. He told the Beijing News that 2019 will prove to be a year for cryptos to look for ‘survival value’, and this year might not enable bitcoin to live up to the hype of 2017’s manic rally, but will be better than 2018 for the market. He predicted that crypto prices in 2019 will be more volatile than most traditional financial assets like stocks, and corrections are expected in the more than 200 percentage range in terms of loss from an all-time high. “ The best investment strategy is to keep calm, pour a relatively small amount of money into the market and accept the volatility, ” Xiao said.
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Top Blockchain Movers and Shakers to Keep an Eye on in 2019 for Crypto Enthusiasts

We're thrilled to bring you a brief introduction into some of the most influential movers and minds in the blockchain and cryptocurrency space according to CoinDesk. Among them, it'd be wrong not to talk about – Changpeng Zhao, the founder, and CEO of the world-renowned cryptocurrency exchange – Binance. Now while we tend to have our eyes focused on cryptocurrency exchange has had an incredible rise to prominence in the western world. This is a narrative that does no favors for those that have also achieved spectacular things in a short stretch of time. Coinbase, while successfully drawing in tens of thousands of members on a daily basis, this is rendered a mild accomplishment when compared to the fact that Binance has managed to move from White Paper to an incredible $12 million ICO. Zhao has been as febrile as Binance has been over the same time, coordinating the creation of a number of projects, leading to – Binance Exchange, Binance Labs; Binance Charity, Binance Info, Binance Launchpad, and the Trust Wallet. The way is a bright one for Zhao and Binance, and we hope that it continues its performance as we walk into the New Year. The Untested, New Radical Mover – Glen Weyl “So What is a Good Application of Ethereum? Avoiding nuclear winter.” Wise words coming from one of the new, radical faces coming from the world of blockchain. And it makes sense when you consider the pedigree of knowledge and experience he brings with him; Former Microsoft Researcher, economist, and accomplished author. His own interactions with Ethereum, and its extensive community flow well with his book ‘Radical Markets', and this relationship with the cryptocurrency world may see his thoughts transcend ink, and become code. He's been more than active in espousing these thoughts to listening congregations; hosting and giving over 73 talks internationally. While he is not short of charisma, he has proven inflammatory and downright obscure, suggesting a tax on the use of white English. But in order to better put forward his ideas for how blockchain technology and cryptocurrencies can evolve over time, he has helped found the RadicalXchange, a non-profit organization centered around those that follow his thinking of high taxes on the successful in order to create a universal basic income. Milton Friedman eat your heart out. Brenna Sparks – Setting Ethereum Ablaze – A Rising Star And Advocate For Cryptocurrency When it comes to the blockchain and cryptocurrency world, progress comes in different forms – “Traveling upwards doesn’t require the path to be linear. The path can be paved on hills, too.” While she is a firm advocate for the application of cryptocurrencies, she is not shy in admitting that she's a newcomer to the space, but is fascinated by its possibilities. Along with her adoration of crypto, she works as an adult film star, Along with serving as an advisor to the blockchain initiative, SpankChain. What sets SpankChain apart from other companies is that it is one of the few adult companies that managed to raise funds through an ICO, including in its token sale. With a lot of developments coming from the blockchain world, the best solution for right now is making sure there isn't a large exodus of users from blockchain. “Right now, it’s all about keeping crypto people in crypto. Many just want to leave,” She goes on to argue that, with the first months being centered around stemming the outgoing flood of people leaving blockchain, then innovation can come along. “It’s only when things have calmed down that you focus on bringing new people in.” Warrior Queen And Proud Devils Advocate – Elizabeth Stark Academia never leaves some people, and Elizabeth Stark has been one of those former students that are not afraid to go against the accepted norms, especially in the cryptocurrency world. The most prominent examples of this were Stark's own talk during the Crypto Springs Conference back in October this year. While there were plenty of advocates and investors willing to luxuriate in the sun and rose-tinted views of the market, Stark was more than happy to spell out some of the more dark scenarios that could come out of the ongoing crypto-winter. As the head of her own startup, Lightning Labs, a skeptical eye is necessary for any company starting in cryptocurrency. To many, however, Stark's skepticism comes off as one with a realistic approach, especially when considering the overly-inflated expectations of lofty startups: “I’m all for experimentation, but I’m not for experimentation if it means that retail investors are going to get sluiced,” she says. “Ninety-five percent of the coins that we have right now will probably fail.” We all have Elizabeth Stark to thank for a number of things. If it weren't for a mind like hers, there would be no Lightning Network. Winners Of The Hashtag War – XRP's FUD Stompers Now while there are a number of unique and prolific individuals that are involved in cryptocurrencies and blockchain, but few times where a community has been regarded as collectively influential in the space. Among them, the one that stands out is XRP, whose community has been responsible for a highly active, and hawkish community. So when you access a community like Twitter and search XRP, you will stumble upon more than thousands of members, big and small. When we think about it, there are a number of big names that can be spotted amongst this crowd – XRP Trump, Hodor, Tiffany Hayen, Bank XRP. Among those attributes that make it prominent is its use of hashtags, which serves as shorthand for conversations in and out of the XRP community. One of the strongest showings from this community is when it engaged in a pluralistic response to Binance's Changpeng Zhao, where he paid an, albeit, somewhat backhanded compliment to the community, stating that “the xrp base shill is strong,” when regarding the push XRP is making to becoming a usable/tradable asset. “Get it out of your system,” CZ urged, “and put all your shills under this one tweet, and let’s see how much we get.” Grandfather Of Skeptics – Into The Mind of Nouriel Roubini Inmates, criminals on the run and cryptocurrencies have parity, especially in the eyes of the accomplished economist and professor, who treats them with equality in his perspectives on them and accompanying tenderness. This is made evident by his various speeches, tweets, and interviews, giving cryptocurrency the same kind of treatment as an inmate in a maximum security prison. This narrative has earned him a less than rosy opinion in the eyes of crypto enthusiasts. For good or ill, Roubini represents an intellectual class of people that remain reservedly hostile to cryptos. The problem is that he occasionally buries his arguments in tangential topics and a firm passion for economics as an institutional component of academia. In the past, when he was asked whether Bitcoin can be seen separately from Blockchain, he replied – “Bitcoin is based on blockchain and cryptography and authentication based on proof of work” – moving on to argue how “AI, machine learning and a combination of big data and internet of things” that will revolutionize finance. “Ninety-nine percent of anything crypto and blockchain is vapourware,” so it's safe to say there's a certain amount that would have to change within the space before his rhetoric softens. Jed McCaleb – From Creating Stellar, Break-ups, to Breaking Out Jed McCaleb has had an interesting time at the helm of creating Stellar, which is an amazing feat in and of itself. But compared to other influential individuals from within the blockchain space, McCaleb has come out unscathed if we were to look at the likes of Charlie Schrem or Roger Ver. But talking about the past is not what this is about, but that's not to say that McCaleb hasn't had an interesting past – from forming Mt.Gox, to help in the development of XRP and Ripple, only to form his own newsworthy cryptocurrency after walking away from it. So what is it that Stellar has to put its hat on? For one, it is responsible for the years biggest acquisition, acquiring major names like Adam Ludwin, and Devon Gundry as part of the purchase of Chain, one of the most widely funded startups. That's not too bad when we consider how Stellar made its debut as a cryptocurrency, beginning in the shadow of XRP and Ripple, with some deriding it as a spited clone of Ripple. So what is it that made Stellar successful? Staying off the radar, according to McCaleb. “It was just sticking around, and not having major catastrophes.” Riding High From Rock Bottoms – Stable On Getting Stable For The New Year The financial downturn over the course of 2018, and it has proven to be more than a damaging effect for major companies. Among them, Circle, whos Co-founder, and CEO, Sean Allaire, offered a stark yet comical narration of the companies position. looking over at Circle's co-founder and president, Sean Neville, “Yeah, clearly Sean's wearing black.” The comedy only continues as people are laughing, and where down turning markets are concerned, it's not a laughing matter for investors. But while downturns are not a business's best friend, Circle has enjoyed a robust year. 2018 has seen Circle purchased the ailing Poloniex for a total of $400m and is strenuously working to aid its frail reputation. This was followed swiftly by the establishment of Circle Labs in March, along with a successful Series E round of funding for Circle, worth a total of $110 million from the China-based crypto mining manufacturer, Bitmain. This is in stark contrast to the landscape for the exchange, which was stuck in a hole over 2017. But 2018 has been a year where it made up for lost time and has optimism as it looks on to the long-term. “it’s probably going to take 10 to 20 years to realize all these ideas,” he said, “but in the end, it literally can change the world.” Pitching For A Fight – Fighting For Crypto From Within The SEC – Hester Peirce The relationship that the Securities and Exchange Commission has with cryptocurrencies has been rather hit and miss over the stretch of both 2017 and 2018. But with this difficulty comes with its fair share of supporters, even from the inside of the SEC. One of them being Hester Peirce, who works as one of the five commissioners sitting on the SEC, and she is certainly not pulling her punches in defending cryptocurrencies – “I’m excited to see what’s going to happen over the next 10 years, how our lives will be affected and I’m excited to see how that will happen.” She has proven herself to be quite the iconoclast in the USA where innovation is being stifled in exchange for firm red tape, making herself out as a champion for crypto “I don’t want this world to be a world about regulators. I want it to be a world about entrepreneurs.” It is because of this stance as a supporter that earned her the nickname ‘Crypto Mom', which was an interesting nod to the Commodity Futures Trading Commission's J. Christopher Giancarlo, who is known as the ‘Crypto dad' So hats off to the ‘Crypto Mom' for fighting the good fight for cryptocurrencies from the inside. Bridge Over The River Crypto – Can Fidelity's Tom Jessop Create A Bridge Between Crypto And The Stock Market Tom Jessops forway into the world of cryptocurrency is rather obscure and, albeit mundane if we were to compare it to other people. His takes place his kitchen back in 2013/14 when he began his love affair with Bitcoin specifically. “This idea of this scarce asset, this fully digital money, cryptographic trust replacing institutional trust – all these things, I thought, were interesting,” And while he didn't fully understand the internal functions for bitcoin as a cryptocurrency, he was humble in admitting it, and all too patient in finding out all about it. It's thanks to this that Jessop had managed to lead his team at Fidelity Digital Assets (FDAS) through five years of development, to take a strong position in the market. He has inspired more than a fair few good words from past and current colleagues. According to Jill Carlson, who currently works as a blockchain consultant and a comrade on the world of Wall Street, especially in taking new and emerging technology from theory to the marketplace. “He has this unique combination of skill sets bridging all these areas and real experience in bringing emerging technologies to market.” To read the full report on all top ten, head over to CoinDesk.com
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Mike Novogratz: Facebook’s GlobalCoin Won’t Rival Bitcoin

Coinspeaker Mike Novogratz: Facebook’s GlobalCoin Won’t Rival BitcoinMajor Bitcoin bull and former Wall Street exec Mike Novogratz recently discussed the current state of the cryptocurrency industry. The Galaxy Digital CEO explained why he thinks the crypto winter is finally over and why ‘Facebook Coin’ won’t rival Bitcoin.During his interview, Novogratz reminded that everyone had their own version of Bitcoin and the supply exponentially grew. Bitcoin, he thinks, had really established itself as a store value. He said:“This is hard to do because there is just one more stored value of this kind. It’s gold. It is hard to be worth something just because it’s worth something. Almost everything else is different. For example, Uber shares are worth something because people are using it. What Bitcoin has done is a unique thing.”He also referred to Bitcoin’s intrinsic value saying:“You can take all the gold in history that has been mined and put it in three Olympic swimming pools and it’s worth $8,5 trillions. Why? Because it sits in the vaults.”Novogratz went to mention that retailers are buying Bitcoin but also the institutions are moving in. There are Yale, Harvard and Stanford endowments.Microsoft Wanting to Link with Bitcoin Blockchain is a Big ThingThe CEO claims the original Bitcoin boom witnessed around 2016-2017 was influenced by the retail-driven investments by around 98%. This means more companies were buying cryptocurrency at a time when it looked like the future of finance. The recent developments in the crypto world are also affected by ‘credentialing’ according to the CEO especially with the recent move by Microsoft in the industry.“Also, there is Microsoft, one of the biggest companies in the world that says they want to do identify solution by linking it to the Bitcoin blockchain. Now this is big.”Microsoft recently announced their initiation of an identity solution to add to the Bitcoin blockchain. As more investments crowd Bitcoin, its value soars higher as witnessed in the recent spike. Microsoft is not the only big organization enabling the ‘credentialization’ of Bitcoin. Not long ago, Facebook lifted all the bans it had imposed on cryptocurrency and any blockchain-related advertisements.He also mentioned Facebook coin saying that it is really important for the ecosystem.“Crypto is going to be part of Facebook’s future. However, this coin will be listed to some stable currency and will be used for payyments. Bitcoin on the other hand is not going to be the payment currency – it will be stored vault, just like gold. If you really think bitcoin is gonna win this store of value, everything else needs to be used for something.”GlobalCoin Isn’t a Threat to BitcoinAs we’ve already wrote, Facebook’s GlobalCoin will probably be established as a stablecoin, pegged to the dollar or local currencies in the countries that will be allowed to use it. It is also likely to run on a private, centralized blockchain, owned and controlled by the company. Based on this fact, it can not be perceived as a direct competition to Bitcoin or other peer to peer decentralized digital currencies.Other coins that piqued Novogratz’s interest include Ethereum and EOS. These projects have to encourage developers to build on top of their platforms. Just few days ago he was comparing various cryptocurrencies with chemical elements in the periodic table. He then considered the role of altcoins, hinting that each coin will have “to prove themselves out” in order to provide a certain use case.On this note, Novogratz argued out that “there’s no one building anything on the Litecoin blockchain,” as opposed to the Ethereum blockchain.Recently, Novogratz made yet another Bitcoin prediction, claiming that the major cryptocurrency will beat its all-time-high record of $20,000 within the next 18 months.Mike Novogratz: Facebook’s GlobalCoin Won’t Rival Bitcoin
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Binance Exchange soon To Roll Margin Trading Service For the First Time

An official blog released by Binance exchange confirms the launch of Margin trading service. However, earlier on May 24, 2019, Binance tweeted two screenshots, seeking user’s suggestion on which layout would they be preferred, a white background one and the black background. It was first noticed on Binance’s Twitter handle when a tweet was posted with two different colors included with the tab of Margin. Nonetheless, it was to create the buzz of its upcoming feature but according to TechCrunch, it has already been tested among a few users. As the testing has already been undergone, it is worth to predict that the margin trading option will go live anytime soon. By usage, Margin trading is an option that enables traders to boost up their buying power by using their balances as collateral. However, it wasn’t available at Binance exchange even the binance itself as the largest exchange as well as  the margin trading option carries potential profit margin. It is the first of its kind of Binance to launch margin trading service whereas the other trading platforms including BitMex, Huobi Pro, Poloniex, Coinbaes’s GDAX and Kraken are already serving this service to their customers. Also Read – Binance’s BNB Token Jumps 12% to Hit $34 Following Margin Trade Interface Tease At the moment, Binance is the second largest cryptocurrency exchange in terms of adjusted volume of the last 24 hours. It presently counts the volume of $2,088,850,554. Nonetheless, its native token, Binance Coin (BNB) is soaring a new peak of $33.87 against US Dollar. According to data provided by Coinmarketcap (CMC), BNB is surging with 6.42 percent over the past 24 hours and presently valuing the average trading volume of $4,781,168,385. Image source – Coinmarketcap What’s your take on BNB’s soaring value.? Do you think it will jump higher citing margin trading option by Binance exchange.? Let us know in the comment below Image source – Techcrunch The post Binance Exchange soon To Roll Margin Trading Service For the First Time appeared first on Coingape.
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Is Facebook Launching its GlobalCoin Cryptocurrency Next Year? BBC Says Yes

There’s been a lot of information circulating that Facebook is moving into the crypto market. And while some of this information is outright false, other bits are true — at least, that’s what the sources say. Take today, for example. On Friday, BBC said Facebook (NASDAQ:FB) is going to roll out GlobalCoin next year in several countries. Here’s everything we know. Facebook’s GlobalCoin Hitting the Market Soon? According to BBC, a London, UK-based broadcasting company, Facebook is planning to roll out its cryptocurrency “GlobalCoin” in 2020. The online media giant, according to the BBC ... ﾿ Read The Full Article On CryptoCurrencyNews.com Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges. All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.
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Facebook’s GlobalCoin Allegedly to be introduced in 2020

The post Facebook’s GlobalCoin Allegedly to be introduced in 2020 written by Wieke Beenen appeared first on Blockchain News - Security and Utility Tokens, Tokenomics, Cryptoeconomics According to a report by the BBC, Facebook has serious plans introduce its own crypto currency. The facebook coin, internally referred to as ‘GlobalCoin’ will be introduced in multiple countries in the first quarter of 2020, after extensive testing at the end of this year. The new stablecoin which has been rumored about for a […] The post Facebook’s GlobalCoin Allegedly to be introduced in 2020 written by Wieke Beenen appeared first on Blockchain News - Security and Utility Tokens, Tokenomics, Cryptoeconomics
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