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Binance HTC Exodus 1 Phone On Sale Tomorrow, Exchange Rolls Out Cosmos Staking And Fiat Options

HTC Exodus is releasing a special Binance edition crypto-phone that will be available on December 5th on the official HTC Exodus website, the world’s leading cryptocurrency exchange announced on Wednesday. Dubbed HTC Exodus 1, the smartphone will cost you SG$889 or around $599US . Interested parties can also purchase the device at an comparable price […]
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Binance Announces $100 Reward in BNB for Purchasing HTC EXODUS 1 – Binance Edition

Coinspeaker Binance Announces $100 Reward in BNB for Purchasing HTC EXODUS 1 – Binance EditionLast month in November 2019, crypto exchange Binance joined hands with smartphone manufacturer HTC for a special edition “cryptophone”. Dubbed as the HTC EXODUS 1 – Binance Edition, the handset integrates Binance’s proprietary blockchain network, the Binance Chain with HTC’s own native Zion Vault wallet app.As a result, the handset promises to support Binance’s decentralized exchange (DEX), the BNB token, preloaded DApps, etc. In the latest announcement, Binance has said that the “cryptophone” will be available for purchase starting December 5. The handset will be available on the official HTC Exodus website for a price of $599 USD. HTC will also allow customers to purchase the handset in cryptocurrencies like BTC, BNB, etc.Binance has also announced a special prize for early adopters. In the blog post announcement, the company wrote:“500 lucky individuals who purchase one of the special edition devices will each receive an Early Adopter bonus of $100 USD in BNB.”One of the reasons Binance partnered with HTC is because the company thinks that smartphones can serve essentially as hardware wallets and something that users always keep with them safely. Binance CEO Changpeng Zhao said:“Crypto, on the other hand, will make every smartphone both a POS terminal and a payment device, cutting out most other middlemen”.CZ is pretty much excited to see how people might adopt digital currencies using the HTC EXODUS handset.“The implications are profound and far-reaching. The most innovative smartphone makers are racing to adopt crypto. We are delighted to support and work with HTC EXODUS to make sure its users can access the Binance chain and DEX to help people access crypto and exchange anywhere”, added he.On the other hand, HTC Chief Officer Phil Chen has also praised Binance’s vision. He said that by supporting DEX on the HTC handset will change the way people usually interact with the exchanges. He also added that HTC is happy to lead this change. Chen said:“We are partnering with the biggest and most liquid crypto exchange along with the trust minimized principle of empowering users to own their own keys and run their own full bitcoin node”.Let us also remind you that the company presented its “world’s first native blockchain phone” in May 2018. Exodus was said to be a mobile connecting point to the world of decentralized networks and a storage device providing simple access to users’ cryptos. A year later HTC announced Exodus 1s that is described as the first smartphone with full node capabilities.Binance Announces $100 Reward in BNB for Purchasing HTC EXODUS 1 – Binance Edition
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Players Can Now Win an HTC Exodus 1 Phone on Bitcoin Games

Bitcoin Games is now offering players to win some extra crypto and an HTC Exodus 1 smartphone, just in time for Black Friday. You can participate in the promotion by playing the site’s exclusive Slots, Roulette and Keno games, or any of the recently released slots and you stand a chance to win these prizes. Also Read: Cash Games Adds Dozens of New Options for You to Play Your Chance to Win a New Phone on Black Friday Bitcoin.com’s very own gaming platform has increased the rewards for the ongoing Games Stars Leaderboard promotion to celebrate Black Friday. The prize pool for the top 10 places has now been doubled to $2,000 on each of the Bitcoin Games and Bitcoin Cash Games. The top three players on each leaderboard will also receive a brand new HTC Exodus 1 smartphone. The head of Games commented: “Black Friday is when everyone is thinking about getting new electronics for a good price and what’s better than free?! So we are very happy to give an opportunity to all players to win an HTC Exodus 1.” The Exodus 1 is a flagship smartphone from the Taiwanese consumer electronic developer HTC. The device’s killer feature for cryptocurrency users is the Zion Vault, a digital asset wallet with an easy-to-use software interface integrated with onboard hardware security. This secure built-in wallet has been capable of conducting bitcoin cash transactions since September 2019, so users can now easily buy, receive, spend and store BCH on the phone without the risk of remote hacking. Please note that this new promotion is exclusive to Slots, Roulette, Keno, and the recently released new slot games. Check out the promotion pages for Bitcoin Games and Bitcoin Cash Games for the full terms and conditions that apply to the offer. Bitcoin.com’s online gaming platform has recently been releasing a whole range of new games, thanks to successful partnerships with leading companies in the industry. More than 50 new options have been added to the roster since early October, with even more on the way. The recently released games have been developed by popular providers from the online gaming industry such as Bgaming, Belatra, and Mr. Slotty. Many of the new options are based on game mechanics from that very popular casino attraction — the slot machine. The platform also offers a diverse range of other fun-to-play games and even has a stylized minesweeper for players to wager on. What do you think about the Black Friday promotion from Bitcoin Games? Share your thoughts in the comments section below. Images courtesy of Shutterstock. Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH and other coins, on our market charts at Bitcoin.com Markets, another original and free service from Bitcoin.com. The post Players Can Now Win an HTC Exodus 1 Phone on Bitcoin Games appeared first on Bitcoin News.
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Bitcoin a model for ethical use of data: HTC Exodus's Phil Chen

In an op-ed piece, Phil Chen, Decentralized Chief Officer at HTC and the leader of HTC's Exodus project, wrote about how Bitcoin serves as a model for monetizing user data being hoarded by companies, The post Bitcoin a model for ethical use of data: HTC Exodus's Phil Chen appeared first on AMBCrypto.
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HTC EXODUS 1 – Binance Edition crypto phone to ship at end of November

HTC and Binance today announced a collaborative EXODUS 1 smartphone; the EXODUS 1 – Binance Edition. The original EXODUS 1 device is the first smartphone built around blockchain features and allows users to own their own cryptocurrency keys. The EXODUS 1 – Binance Edition is the world’s first Binance Chain-ready cryptophone. The device has native […] CryptoNinjas: HTC EXODUS 1 – Binance Edition crypto phone to ship at end of November
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HTC Exodus 1s Gets Shipped With Bitcoin Full Node Feature

Launched in Berlin on Saturday, October 19, 2019, the new HTC Exodus 1s promises to be the first smartphone to put a full Bitcoin node in the users’ pockets. The device is a technical and spiritual successor to the Exodus 1 (which integrates a hardware wallet), whose uniqueness and value proposition on the smartphone market is given by the preinstalled Zion Vault app. Through this feature, users can perform one-touch downloads of the Bitcoin blockchain. “The Zion Vault app makes it very simple to download the entire Bitcoin ledger.” said Decentralized Chief Officer Phil Chen in an interview with Bitcoin Magazine. Interestingly, the Bitcoin Core client doesn’t come preinstalled and will not get downloaded in a pruned form in the phone’s 64 GB internal storage. Instead, users must purchase an additional SD card, insert it in the device, and then access the Zion Vault app. According to Chen, a worst-case scenario for complete synchronization and download would take 1-2 weeks — but with broadband internet speed, the process should be “a lot quicker.”  It’s still unclear how much of the phone’s CPU and RAM will be taken up by the node software during and after synchronization, and supplementary battery usage is also an important factor to take into consideration. As the first Exodus 1s models get shipped and reviews get published on various websites, it’s going to be interesting to observe if being a first-class Bitcoin citizen comes with a tax on smartphone resources. Better Than Hot Wallets, Not Quite Cold Storage Since every device that’s connected to the internet can be subject to remote hacking and the security of bitcoin is of paramount importance, bitcoiners need to be cautious when it comes to mobile solutions. With the integrated hardware wallet (which makes sure that keys get stored on a physical, encrypted chip) and the full node functionality (which increases control and privacy), HTC Exodus 1s is a pioneer in the burgeoning field of Bitcoin-friendly devices. Thanks to its hardware and software features, it grants bitcoiners the kind of security and privacy that no other smartphone manufacturer has offered. From a security point of view, the integrated hardware wallet is the equivalent of a Ledger or Trezor that’s always plugged into an internet-connected computer. It’s safe from remote attacks but not completely infallible and still exposed to malevolent physical tampering. In the event of having the phone stolen by a knowledgeable hacker, the security chip might be hackable — just as in the case of the wallet.fail demonstrations. Yet until thorough security reviews get published, the scenario is just cautious speculation. Chen told Bitcoin Magazine, “Our main aim is to provide as close to the security of cold storage as we can, married with the usability and speed of a hot wallet. You can’t be both, but there’s a good balance to be struck and we want people to own their own keys and still be able to use their crypto the way it was intended.” An Improvement on Lawrence Nahum’s ABCore Blockstream Chief Architect Lawrence Nahum is well-known for his ABCore project, which allows any Android phone to run a full Bitcoin node by downloading and installing a simple app. His idea to run the node on pocket devices has been expanded and developed by Exodus 1s, as HTC has also endowed the phones with hardware wallets. According to Chen, the company’s new device is a collaborative effort to which Nahum has provided “a lot of consultation, support and help to our efforts. We’d like to thank Lawrence and continue to work with him and Blockstream on these efforts.” Therefore, it’s safe to assume that the Zion app takes a few lessons from ABCore and makes the interface friendlier for the regular costumers who may not be power users.  From an engineering perspective, it’s going to be interesting to observe how HTC has improved the battery and memory usage issues that early ABCore versions encountered. Does the node synchronize faster while the phone is charging? Does the Zion app run in the background while the user is sleeping? Is there a special setting which prevents the full node from draining too much battery or clogging the RAM? All of these technical aspects will either make or break the entire concept, since casual bitcoiners probably won’t like the idea of a slower phone which needs charging more often (at least during the initial sync). An Affordable Retail Product That Runs a Full Bitcoin Node  At 219 euro (~$244 USD), the Exodus 1s is even cheaper than some “Bitcoin node in a box” solutions. The device comes with all the features of a 2019 entry-level to mid-range smartphone (5.7 inch HD display, 4 GB of RAM, Snapdragon 435 processor, 64 GB internal storage, 13 MP main and front cameras, dual SIM support, headphone jack, and 3000 mAh battery), but adds its combination of software and hardware wallet integration. The HTC Exodus 1s will go on sale on October 19, 2019, only in Europe, Taiwan, Saudi Arabia and UAE. Participants who attend the Lightning Conference in Berlin will be able to purchase the device directly via Lightning Network payments. At press time, the price will be ~3 million satoshis. At this point, it’s unclear when the device will be available in the United States, Canada, Australia and other parts of the world where bitcoin isn’t restricted or banned by law. According to the official press release, “further territory launches will be announced at a later date.”  HTC has been in the business of manufacturing electronics for over two decades and, at its peak, owned about 10 percent of the mobile phone market. Though their devices have seen a decline in popularity, the brand is still well known and this association with Bitcoin might be beneficial for both the enthusiastic niche of satoshi stackers and technology aficionados.  This effort has the potential to marry two significant market segments and bring about greater Bitcoin adoption. In the meantime, the project will help avid bitcoiners who live an active lifestyle and make lots of daily transactions benefit from greater security and quicker validations from a full node of their own. Either way, the Bitcoin market needs products like the HTC Exodus 1s to push innovation and offer healthy competition to companies that charge $300 for a node. The post HTC Exodus 1s Gets Shipped With Bitcoin Full Node Feature appeared first on Bitcoin Magazine.
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SEC Approves Bitcoin Futures Fund

The U.S. Securities and Exchange Commission (SEC) has approved an investment fund that will invest in bitcoin futures contracts. SEC Commissioner Hester Peirce calls this move “a bit of progress.” The SEC has also revealed why it decided to approve such a fund. Also read: Swiss Licensed Crypto Bank Expanding Into 9 Markets Bitcoin Futures Fund Cleared to Launch The U.S. SEC declared the registration statement filed by Stone Ridge Trust VI for the NYDIG Bitcoin Strategy Fund effective on Monday. The company filed Form N-2 with the SEC on Oct. 2 and amended it twice, on Oct. 16 and Nov. 26. This form is used by closed-end management investment companies to register and offer their shares under the Securities Act. Stone Ridge Asset Management Llc will be the fund’s investment adviser. As of Aug. 30, the company managed approximately $15 billion of assets. The NYDIG Bitcoin Strategy Fund “is a non-diversified, closed-end management investment company that continuously offers its shares,” the filing details, adding: The fund pursues its investment objective primarily by investing in bitcoin futures contracts … The only bitcoin futures in which the fund will invest are cash-settled bitcoin futures traded on commodity exchanges registered with the CFTC. “The fund will not invest in bitcoin or other digital assets directly,” the filing emphasizes. “The fund will seek to purchase a number of bitcoin futures so that the total value of the bitcoin underlying the bitcoin futures held by the fund is as close to 100% of the net assets of the fund.” Its shares are being offered initially at an offering price of $10 per share. Only institutional investors, their clients, and certain eligible investors as specified in the fund’s prospectus can invest in the fund. Currently, CME is the only CFTC-approved exchange offering cash-settled bitcoin futures contracts. The fund has an interval structure; it aims to conduct quarterly share repurchase offers, which it expects to be for a maximum of 5% of the fund’s outstanding shares at net asset value per quarter. The initial quarterly repurchase offer is planned for May 2020. This fund will not be a bitcoin exchange-traded fund (ETF), however, as its filing states: The fund’s shares are not listed and the fund does not currently intend to list its shares for trading on any national securities exchange. ‘A Bit of Progress’ At the 2019 ICI Securities Law Developments Conference on Tuesday, Dalia Blass, Director of the SEC’s Division of Investment Management, talked about cryptocurrency ETFs and the SEC staff’s decision to approve a fund investing in bitcoin futures contracts. “We welcome and value constructive industry engagement regarding new products and novel investment strategies,” she said. “A prime example of such engagement involves registered funds seeking to invest substantially in digital assets and related investments.” Blass explained that she issued a public letter last year calling on the fund industry to discuss issues presented by such investments, elaborating: As a result of this engagement, we are at the point that a registered closed-end interval fund with a bitcoin futures strategy is preparing to launch. To reach this point, the fund first responded to each of the issues identified in the staff letter. Commenting on Blass’ speech, Commissioner Hester Peirce, aka Crypto Mom, tweeted on Wednesday that the agency’s move is “A bit of progress.” Without naming the fund, Blass explained that it expects “to generally value its bitcoin futures holdings at daily settlement prices reflected on a CFTC-registered futures exchange, consistent with the principles of the Investment Company Act of 1940 and U.S. GAAP.” As for custody, the director clarified that since the fund will invest in cash-settled bitcoin futures, it “will not face the challenges presented by direct holdings of digital assets.” In addition, it is a closed-end interval fund which means it “will not offer daily redemptions and will not be subject to potentially large, unexpected liquidity demands over short periods.” Blass further described that “as an unlisted fund, its pricing will not depend on an efficient arbitrage mechanism and the willingness of market makers to make markets in a fund pursuing a digital asset strategy,” noting: The fund also has taken steps to address issues related to potential manipulation in the digital asset markets. “This includes prominent risk disclosures, offering the product only through registered investment advisers, and limiting the size and future growth of the fund, with an initial cap of $25 million,” the director concluded. What do you think of the SEC approving this bitcoin futures fund? Do you think the Commission will approve a bitcoin ETF soon? Let us know in the comments section below. Disclaimer: This article is for informational purposes only. It is not an offer or solicitation of an offer to buy or sell, or as a recommendation, endorsement, or sponsorship of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Image credits: Shutterstock and Twitter. Did you know you can buy and sell BCH privately using our noncustodial, peer-to-peer Local Bitcoin Cash trading platform? The local.Bitcoin.com marketplace has thousands of participants from all around the world trading BCH right now. And if you need a bitcoin wallet to securely store your coins, you can download one from us here. The post SEC Approves Bitcoin Futures Fund appeared first on Bitcoin News.
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SEC Requests UK’s Intervention to Force Telegram’s Former Advisor to Testify

SEC Requests UK’s Intervention to Force Telegram’s Former Advisor to Testify The United States Securities and Exchange Commission (SEC) asked the High Court of England and Wales to force Telegram’s former chief investment advisor John Hyman to testify in the case over the firm’s Grams tokens offering. Industry news outlet Coindesk reported on Dec. 7 […] Cet article SEC Requests UK’s Intervention to Force Telegram’s Former Advisor to Testify est apparu en premier sur Bitcoin Central.
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Tezos (XTZ) is Flying High, Gains against USD and BTC

XTZ, the native currency of the self-amending smart contract and DApp platform, Tezos, has registered impressive gains against the USD, BTC and ETH. The token is up 11%, 9% and 10% respectively, exciting token holders who expect further gains going forward. Recently, there has been a lot of debate-and expectations- around the Ethereum competitor following the collapse to new lows. Distinct, Tezos’ on-chain governance allows token holders to vote and determine changes of code averting chain splits which can be disastrous to the platform’s valuation and an unwelcomed distraction to the initial vision. Binance Staking Supports Tezos (XTZ) Although specific details around the main bull triggers are scarce, based mostly on oblique remarks, analysts and commentators are pointing fingers at Binance’s staking support announced three days ago. I'm not even 100% sure what tezos does, but I know its going to $100. Why get lost in the weeds? — Jeremy Ross (@jebus911) December 6, 2019 According to Binance, the world’s leading cryptocurrency exchange by trading volumes and aggressively expanding to cover as many regions as possible, they will support zero fee staking on XTZ. Official support started on Dec 4 but it will complete the first distribution of rewards by the 20th day of the following month. “XTZ rewards will be calculated daily based on live snapshots and distributed monthly. Distributions will be completed before the 20th day of each following month. Starting from 2019/12/04, Binance will begin taking hourly snapshots of user XTZ balances.” Binance supports staking-or locking of coins of particular Proof of Stake network, in exchange for rewards. By locking coins for a specific period, owners receive rewards for bolstering the network’s security. Gendarmerie’s Cybercrime Division (C3N) Using Tezos The announcement was a direct boost for XTZ and comes a few days after the French Armies and Gendarmerie’s Information and Public Relations Center acknowledged that they have been using the blockchain to record and subsequently validate expenses incurred during judicial investigations. Through a press release, the Gendarmerie’s cybercrime division (C3N) said they used a system developed by Nomadic Labs to buy the coin from a Euro-pool allocated fund to cover operations cost. DigiFinex Lists XTZ On Dec 6, DigiFinex exchange announced their official support of XTZ. Deposits and withdrawals will begin starting on Dec 9, while official trading will start on Dec 11. The exchange will initially support the trading of XTZ/BTC and XTZ/USDT pairs. We are listing Tezos (XTZ) @tezos, a self-amending cryptographic ledger. ✦XTZ deposit & withdrawal open: 9 Dec, 2019 10:00 (GMT+8)✦XTZ trade opens: 11 Dec, 2019 10:00✦XTZ trading pairs: XTZ/USDT, XTZ/BTC pic.twitter.com/CawEjB3TJk — DigiFinex Exchange (@DigiFinex) December 6, 2019 The post Tezos (XTZ) is Flying High, Gains against USD and BTC appeared first on Coingape.
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