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Binance Bans! | Facebook Coin Partnes | Circle Shut

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Crypto Unicorn Circle Shutters Payment App to Focus on Stablecoins

By CCN Markets: Crypto unicorn Circle is shutting down its Circle Pay app in July to focus on stablecoins and developing new wallet services. The parent company of crypto exchange Poloniex made the surprise announcement on its website on June 13. Circle says now is the appropriate time to retire Circle Pay because fiat tokens and stablecoins such as USD Coin (USDC) enable people to seamlessly transfer fiat value over blockchains without the risk of cryptocurrency volatility. “Next month, we’re starting the process of sunsetting support for Circle Pay but are marching forward with the mission we began five years The post Crypto Unicorn Circle Shutters Payment App to Focus on Stablecoins appeared first on CCN Markets
CCN

Coinbase and Circle Present Their New CENTRE Stablecoin Network

Coinspeaker Coinbase and Circle Present Their New CENTRE Stablecoin NetworkCoinbase and Circle call it a “membership-based framework and governance scheme for the development and growth of money on the internet.” Their main goal for CENTRE is to enable crypto asset functionality across multiple blockchains. This includes both – public and private blockchains. “Ultimately, we foresee a global economic transformation that is made possible by programmable money. People and businesses will be able to enter into diverse economic arrangements with anyone in the world easily and safely. The global digital currency age aims to make the movement of value accessible and free for everyone on the planet so that more people and businesses can participate in economic activity and value exchange,” comments Circle.They elaborate on the problem which blockchains are facing now. Each one of them serves a different function and use cases. CENTRE now allows them to benefit from an interoperable stablecoin for other currencies “that is anchored in a full reserve, transparent and compliant governance scheme.”Basically, they’re aiming is to make a diverse ecosystem of chains by building standards which then could be implemented in any type of blockchain.A Membership-based FrameworkHowever, as good as it sounds, Coinbase and Circle have made this a membership-based project. The members of this network will need to contribute to the development of the CENTRE’s technical standards and support its open source software. At the moment, it’s not clear whether members will actually need to improve the code or just make a donation.Additionally, member companies will need to be regulated by their operating governmental instances. These “members” could be banks, trust banks or money transmitters. Also, there will be regulatory requirements within the CENTRE network to which all the members will have to comply. At the moment, there are no other companies than Coinbase and Circle, which have joined this network.Future Plans for CENTRECoinbase and Circle plan to grow their stablecoin support even outside the U.S. and the Dollar, by introducing new options for global leading reserve currencies. However, the most promising vision for the future for both of these companies is the idea of a new global digital currency. That could be a combination of many future reserve currency stablecoins and Bitcoin as well.“The combination of these global digital currency tokens and open, permissionless public blockchains with smart contract infrastructure will form the foundation for a 21st century digitally-native global economy that empowers people everywhere to participate and grow value.”Coinbase and Circle Present Their New CENTRE Stablecoin Network
Coinspeaker

MCAFEE MAGIC is a BOT // CIRCLE Closing Payments App ... Who will fill the GAP?!

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Circle to discontinue its bitcoin enabled payment and wallet app

The team of Circle, a digital payment company founded in 2013, today announced it will begin the process of terminating support for its payment and wallet app, Circle Pay. Users are advised to cash out their funds immediately. In 2017, Circle decided to add support for bitcoin to fiat based Circle Pay, and in early […]
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This week an insane amount of times the topic of privacy rises. It is finally so acute that it can not be ignored: everyone quotes CEO of Apple and expresses his arguments in favor of the four conditions of privacy indicated by him. Twitter users also share their views on the need for stablecoin

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Digital tokens resurrect with value addition after crypto winter

According to OnChainFX, the top 1o legitimate exchanges deliver the trading volume for measuring the real trading volume of the digital assets. Data collected from the LONG HASH website revealed that the majority of tokens had declined to half of their value since attaining the ATH. The most shocking results came out for ETHLend, based on the Ethereum blockchain that used the digital tokens in the form of collateral for transactions. LONG HASH quoted that ETHLend offered a decentralized peer-to-peer smart contract lending in the crypto-ecosystem. The ETH-based token was trending as the investors were constantly using ETH for transactions, which led to its surge before the bear attacks on the market. Tokens such as Holo and Ravencoin maintained their value equivalent to 50% of their ATH as they were initiated after the 2017 bull run. It came as a surprise for crypto users after tokens like Binance Coin and ChainLink underwent resurgence to achieve their ATH, that was higher than the previous ATH mark. Source: LONG HASH As per the graph, tokens achieved their ATHs from December 2017 to January 2018 and then plummeted. Many of the investors missed out on this bull rush in the crypto market. As the market conditions did not remain the same for a longer duration, tokens slipped into the phase, commonly known as the crypto winter, among the digital asset enthusiasts. LONG HASH shared growth rate of ChainLink and tweeted, “Chainlink (LINK) is having a pretty good day”. Some tokens like BNB and LINK have been performing well and the community can take comfort from this. The post Digital tokens resurrect with value addition after crypto winter appeared first on AMBCrypto.
AMBCrypto

Stellerro is set to issue tokenized equity through Spanish-regulated Security Token Offering (STO); Public sale opens June 17th

TEL AVIV, Israel, June 17th, 2019– Stellerro, an alternative investment banking platform, automated, in-scale, determined to bring liquidity to the digital era will launch its STO on Monday, June 17th, 2019 at noon ET. Stellerro, a Spanish-Israeli based alternative investment banking platform is pleased to announce the launch of its new Security Token Offering public sale. Self-founded in mid-2018 by an experienced group of entrepreneurs from the Israeli capital markets & fintech industries, all are Blockchain veterans: Aviad Gindi – CEO, Dror Medalion – GM, Elad Kofman -CSO, Noam Barnea -CTO & Liron Rose – Advisory lead. Stellerro was created to assist asset owners, funds, entrepreneurs & startups in taking part in an alternative method of fundraising. Stellerro believes that as the blockchain ecosystem matures, digital offerings will become easier to access and invest in. The ever-advancing secured technology, transparent approach, the inclusion of new financial titans and a strong blockchain congregation are all unified to create the most important thing Investors seek for — Liquidation & Tradability. Stellerro’s funding goal is €5 Million which it plans to utilize for R&D and business development expansion. The company is expected to generate revenue for investors starting Q4 2019, based on its financial projections. The public offering starts on June 17th, 2019 and will last for 2 months until August 16th, 2019. STRO tokens will grant the investors economic rights and dividend from the firm quarterly revenues. To ensure a fully regulated environment, investors will go through KYC & AML procedures in order to acquire STRO security tokens.  Join the public sale today at www.stellerro.com or contact the team for any inquiry at: info@stellerro.com.   Stay tuned for more: Site · Facebook · Twitter · Linkedin · Instagram · Reddit · Telegram The post Stellerro is set to issue tokenized equity through Spanish-regulated Security Token Offering (STO); Public sale opens June 17th appeared first on ZyCrypto.
ZyCrypto

Facebook to Unveil ‘Libra Association’ and Launch Testnet Next Week: Report

Facebook to Unveil ‘Libra Association’ and Launch Testnet Next Week: Report Social media giant Facebook will unveil the Libra Association, which will operate its bespoke cryptocurrency Libra, on June 18, cryptocurrency news outlet The Block reported on June 14. Per the report, Facebook and dozens of its partners will unveil the Libra Association — which […] Cet article Facebook to Unveil ‘Libra Association’ and Launch Testnet Next Week: Report est apparu en premier sur Bitcoin Central.
Bitcoin Central
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