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Mobile, Desktop. A provider of cryptocurrency wallets linked to physical and virtual Visa debit cards, as well as cryptocurrency and traditional currency exchange and payment solutions. Established in 2014, UK. Fiat - yes.

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Finalists announced for the AIBC Awards!

Grammy-winning artist Akon and AKOIN co-founders Lynn Liss and Jon Karas will be presenting the Social Impact Award. Malta AIBC Summit has announced the finalists for the Malta AIBC Awards taking place 7th November 2019, at the InterContinental Hotel, St Julian’s Malta. On the first day of the summit, the AIBC Awards ceremony will honour the best of the best in the worlds of AI, blockchain, tokenisation, robotics, IoT, and more.   The awards evening includes a gala charity dinner at the InterContinental ballroom. This fund-raiser is organised by SiGMA Group and all proceeds will go towards The SiGMA Foundation. Thousands of nominations were received for consideration and 30 experts from the blockchain, AI and deep tech space have chosen three finalists in each category. The winners of each award will be decided by a panel of 7 judges of influence within the industry.   Finally, it has now been confirmed that Grammy-winning artist Akon will also be judging the Social Impact Award along with AKOIN co-founders Lynn Liss and Jon Karas. The finalists are as follows:  PAYMENT SERVICE PROVIDER OF THE YEAR 2019 Finalists: Wirex / Salamantex / Trustly DAO BUILDING OF THE YEAR 2019 (sponsored by AmaZix)Finalists: Dash / MakerDAO / DAOcasino IOT IMPLEMENTATION OF THE YEAR 2019 (sponsored by Momentum Protocol)Finalists: The Things Network / Deloitte / Yptokey SOCIAL IMPACT AWARD 2019 (sponsored by Lucky.io) Finalists: Fintech4Good / Ethichub / Give FoundationBEST AI APPLICATION OF THE YEAR 2019 (sponsored by TakaMaka) Finalists: SingularityNET / Spacept / UnbiasedMASS ADOPTION PROJECT OF THE YEAR 2019 (sponsored by AmonTech)Finalists: Salamantex / Future1Exchange / HUPAYXFINTECH STARTUP OF THE YEAR 2019 (sponsored by OVR)Finalists: AeroBand / Cashaa / PynkASSET TOKENIZATION OF THE YEAR 2019 (sponsored by AeroBand) Finalists: TaoDust / BlackMantaCapital / STOBOXBLOCKCHAIN & AI FOR ARTS AWARD 2019 (sponsored by Black Manta Capital) Finalists: Solarex / Umnai / Domineum BlockChain SolutionDEFI AWARD 2019 (sponsored by 8 PAY) Finalists: MakerDAO / Sologenic / Simply VC About AIBC: Malta AI & Blockchain Summit is a bi-annual expo covering topics relating to the global sectors for blockchain, AI, Big Data, IoT, and Quantum technologies.  The event includes conferences hosted by globally renowned speakers, workshops for industry learning and discussion, an exhibit space accommodating more than 400 brands and much more. The first Malta Blockchain Summit took place in November 2018 at the Intercontinental Hotel in St Julians, Malta, attracting 8,500 attendees from over 80 countries worldwide, with 300 sponsors and exhibitors, 200 speakers, and No. 1 AI VIP (Sophia the world’s first robot citizen). With strong support from the Maltese government, the event has quickly established itself as one of the world’s leading destinations for the growing sectors of AI, Blockchain and DLT, IoT, and other vertical industries. At the 2018 event the Maltese government introduced 3 new bills to support the growth of the sector and promoting Malta as the “Blockchain Island”. The post Finalists announced for the AIBC Awards! appeared first on Bitcoin Garden.
Bitcoin Garden

Crypto Rewards: Four Ways To Earn Without Really Trying

Once upon a time, financial services didn’t need to offer much more than low fees and basic features. But now, most credit card issuers are enticing their customers with the promise that they’ll get a bit of money back. Today, it’s hard to find a card without rewards (assuming the bank will take you as a customer) and it’s also getting easier to find services that offer crypto rewards. We’ve previously covered a few services of this type: for example, Bitspark has been giving tokens to users who make international payments, while Lolli has started to offer free Bitcoin to Safeway shoppers, among others. Now, we’re digging into the trends that underlie crypto rewards – and whether they measure up to their traditional counterparts. Wirex and Crypto.com Imitate the “Cashback” Model Cashback rewards are the simplest form of reward. Whenever you make a purchase, you’ll get back a fraction of what you spent, and this will usually be counted toward your card’s balance or to another account. Since cashback is instant, you don’t need to worry about your service provider changing redemption rates in the future. Wirex and Crypto.com both follow this model. For $1.50 per month, Wirex offers a VISA card that gives you 0.5% back on your purchases in Bitcoin. Crypto.com, meanwhile, has no monthly fee for its VISA card, and it offers 1% back in its MCO token. These rates are on par with standard credit cards, which typically offer ~1% cashback. It should be noted that these services don’t charge annual fees for premium cards. Instead, Wirex offers a 0.75% cashback rate if you hold 50,000 WXT tokens ($750). Meanwhile, Crypto.com offers 3% if you stake 500 MCO ($1500). Though there are other card tiers, these are roughly comparable to the fees for premium credit cards. TAP Network Follows the Reward Points Model Many credit cards and shopping programs will award points for purchases. Generally, these points can be redeemed for brand-name items or gift cards, and the main advantage is that points have higher redemption rates on specific products. That said, there is also some overlap with cashback: you can often pay your card balance with points. It’s fairly rare for crypto rewards to operate on a points model, but there are exceptions. TAP Network and the HOOCH app allow you to connect your existing credit card and receive reward points—and soon, Brave rewards will be integrated as well. Once you have enough points, you can redeem them at 250,000 different retailers. TAP Network and HOOCH claim to offer up to 5-10% points on eligible purchases. The words “up to” are key: rates vary between stores, and they depend on whether you have a membership. HOOCH Black, for example, costs $295 per year—pricey, but not that different from premium credit cards that cost more than $100 per year. Aeron’s CryptoBonusMiles Work Alongside Frequent Flyer Points Frequent flyer points, or reward miles, were one of the earliest forms of reward points. Of course, reward miles are no longer exclusively earned from (or spent on) air travel, but the model has inspired a few crypto services. For instance, Singapore Airlines and Cathay Pacific have both introduced crypto to their existing reward programs. Another project, Aeron, has ‘higher’ goals: it offers CryptoBonusMiles by awarding CBM tokens to passengers across dozens of airlines. You can also earn CBM tokens if you choose to invest in Aeron’s aviation safety project and token, ARN. Once you have sufficient CBM tokens, you can redeem them for discounted flights and other products. You’ll typically earn 1 CBM for each mile you fly. Unfortunately, 1 CBM is worth just 1/50th of a cent, while one Air Mile is worth about $0.10-$0.15. However, since CBM tokens are awarded on top of regular rewards, low value isn’t an issue. It’s also possible that CBM’s redemption rate differs from its market price – though this is not entirely clear. Coinbase and NEXO Offer Crypto Savings Accounts If you prefer to save your money for a rainy day, you’re in luck. Some crypto exchanges have started to offer interest on holdings. Coinbase offers 1.25% interest on USDC stablecoin holdings—roughly on par with a traditional savings account. Nexo, meanwhile, offers 8% interest on five stablecoins including Dai and Tether. These reward programs are effectively savings accounts, even though some services don’t call them that for legal reasons. Of course, there is risk involved: stablecoins are not a time-tested store of value. Neither service offers FDIC insurance, which would cover your savings in case of a bank failure* – though Nexo does offer anti-theft insurance. If you don’t mind risk, you can also earn interest on non-stablecoin cryptocurrencies. BlockFi, for example, offers 8.6% interest on Bitcoin and Ethereum deposits. However, since market prices fluctuate, you might end up with less crypto in terms of dollar value—even if you end up with more BTC or ETH in absolute terms. Are These Crypto Reward Programs Worthwhile? Crypto rewards aren’t exactly perfect. They are simply a way for large companies to redistribute a tiny portion of their wealth. Your time might be better spent on faucets, airdrops, and self-imposed frugality—or anything else that offers a reasonable amount of money that is roughly comparable to a reward program. The bottom line is that crypto rewards have a consumerist bent. That’s not a bad thing, but they should be distinguished from, say, staking payouts. Cardano and Ethereum, for example, will soon pay coinholders who stake their tokens for the integrity of the blockchain – arguably a higher cause than “buying stuff.” Finally, rewards programs often have a lot of fine print that ultimately benefits the service provider. The services in this article don’t appear to have any hidden terms, but we can’t be 100% certain. As always, #DYOR. Regardless, if you prefer the freedom and transparency that a basic Bitcoin wallet providers, crypto reward programs might not be for you.   *Editor’s note: the FDIC holds around 1.4% of total bank deposits in assets – currently around $107 billion. The total amount insured through the program is approximately $8 trillion. Do the math.   The post Crypto Rewards: Four Ways To Earn Without Really Trying appeared first on Crypto Briefing.
CryptoBriefing

Wirex Launches Enhanced Cryptoback™

LONDON, Sept. 13, 2019 /PRNewswire/ -- Today, payments platform Wirex launched a supercharged update of their revolutionary Cryptoback™ rewards programme. Customers can now earn up to 1.5% back in Bitcoin on Wirex Visa card purchases. Released in 2018, Cryptoback™ was the world's first rewards programme that paid out 0.5% in cryptocurrency for all in-store spending with the Wirex Visa card. Thanks to the recent launch of the Wirex Token (WXT), customers can now triple the amount of BTC they earn – making investing in cryptocurrency easier than ever before. Depending on the amount of WXT held, in-store Wirex card purchases now generate up to 1.5% in Bitcoin. There are three levels of crypto rewards available: 500,000 WXT = 1.5% Cryptoback™  100,000 WXT = 1.0% Cryptoback™ 50,000 WXT = 0.75% Cryptoback™ Wirex have calculated that the average UK consumer stands to ...Full story available on Benzinga.com
Benzinga

Wirex Has Got Pre-Approval For Crypto Assets Operations in Japan

Cryptocurrency platform Wirex Japan Limited officially became a member of type II of the Japan Virtual Currency Exchanges Association (JVCEA). This is the penultimate step to the ability to provide ... Запись Wirex Has Got Pre-Approval For Crypto Assets Operations in Japan впервые появилась Bit.news.
bit.news

Wirex One Step Closer to Obtaining Crypto Asset Exchange Service Provider Licence in Japan

TOKYO, Aug. 15, 2019 /PRNewswire/ -- Today, Wirex Japan Limited officially became a type II member of the Japan Virtual Currency Exchange Association (JVCEA) - a vital and hard-earned step towards being able to offer the full range of Wirex services to customers in Japan. Wirex Japan Limited is a 100% subsidiary of payments innovator Wirex Limited. Today, it became only the 8th financial services company to become a type II member of the JVCEA - a notable achievement in itself and an integral stage in the journey to recognised Crypto Asset Exchange Service Provider status. Amid a largely listless response by international authorities, Japan's Financial Services Agency (FSA) and the JVCEA lead the way in cryptocurrency regulation. The world's third largest economy[1] is one the few developed nations that recognises the enormous potential of decentralised digital currency and has legislated it accordingly. Cryptocurrency in Japan is no ...Full story available on Benzinga.com
Benzinga

Wirex Could Put Nano On Your Visa Card

One of the fastest cryptocurrencies is getting even easier to use. Pavel Matveev, CEO of Wirex, recently discussed the growth of the FCA-licensed company’s multi-currency payments and mobile banking solution, which allows users to spend fiat and crypto with equal ease. At a recent Nano U.K. Meetup, Matveev also discussed the company’s plans to launch a Visa debit card accompanying its app as it expands into the U.S., Canada, and Asia this year. Having fully integrated support for both legacy and digital currencies, the Fintech startup is already enjoying significant growth among U.K. users. Nano A Top Coin on Wirex Softbank-backed Wirex counts Nano – the crypto formerly known as RaiBlocks (XRB) – as one of its most prominent spending options, alongside Bitcoin and ether. Nano is currently trading for around $1, per Coinmarketcap, substantially shy of its all-time highs around $34 during the heated alt run of January 2018. As the 47th ranked coin by market cap, Nano seems a somewhat inspired choice for the startup to support in its wallet of under a dozen cryptos. The company explains their pro-Nano stance, describing the zero-fee currency as: “… a next-generation cryptocurrency with great potential… [that] aims to create opportunities for individuals and communities to interact with the global economy on a more even playing field, by offering features unmatched by legacy blockchains… [with] incredibly fast transfers and huge scalability that can be achieved with very little energy expenditure.”Wirex Blog Often cited as one of the best virtual currencies for micropayments, Nano uses a block lattice architecture, combining the scalability benefits of directed acyclic graph (DAG) infrastructure with the security that blockchain provides. Wirex Succeeding Where Others Have Struggled Mobile banking apps appear to be a good fit for the new digital economy and the digital currency arena. However, they’ve proven more difficult to bring to fruition. Mobile crypto wallets are plentiful in number, but their use in retail remains limited. Circle is sunsetting the Circle Pay app to focus on stablecoins, and other crypto companies are not making it easy to exit the traditional banking system. Wirex, however, has struck a unique balance between the old and the new. When their full suite of products launches, they will have integrated with the legacy Visa payment network at the front end, and be able to offer customers competitive rates on crypto and fiat currencies through their relationships with ten exchanges and three OTC desks at the backend. They currently have over 2.5 million customers, all in Europe, and had 5,000 corporate accounts onboarding within a week of their business account launch a few months ago. They offer in-app exchange between currency pairs and P2P services of 20 fiat and over eight digital currencies. A Combination of Backing, Hard Work, and Special Features Being backed by Softbank certainly helps, although Matveev attributes at least some of the company’s success to its Cryptoback product. Cryptoback pays users 0.5 percent of purchase amounts back to them in crypto. Matveev seems to think that has allowed the app to tap into latent crypto demand. According to the CEO:    “What we see is a lot of people who are not familiar with cryptocurrency actually using our card… A lot of people who [are] afraid of cryptocurrency, not familiar with it at all, they use our cards because they can get cryptocurrency without buying cryptocurrency, using our card.”- Wirex CEO Pavel Matveev, Nano UK Meetup     The CEO did add that his company builds “products, not promises” and that it is important to gain regulatory approval in any jurisdiction they operate. Lacking a relevant license has halted the company’s progress in Japan, for example. Wirex is now undergoing the incorporation of a subsidiary in that country. Nimble companies using nimble cryptocurrencies are going to pave the way for crypto to cross into main street, but if Wirex is one example to judge by, meshing with legacy systems – either at the backend or the point-of-sale – will continue to be a useful compromise.     The post Wirex Could Put Nano On Your Visa Card appeared first on Crypto Briefing.
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Bank of Canada Exploring Possibility of Launching a Digital Currency

Bank of Canada, the Canadian central bank, is exploring the possibility of launching a digital currency that would replace cash and track how people spend their money. The aim of the proposed currency would be to mitigate the “direct threat” posed by cryptocurrencies to the economic sovereignty of governments and central banks, an issue that has featured prominently in the headlines recently amidst intense regulatory pushback on Facebook’s proposed coin, Libra. The proposal was pitched to Stephen Poloz, Governor of the Bank of Canada, and its board of directors in a presentation entitled “Central Bank Money: ... ﾿ 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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Bermuda Kicks Off Natural Blockchain I.D System Development With Shyft Network

Bermuda's blockchain identification system recently kicked off. This project is currently under development with the main partners being Perseid and Shyft Networks. The blockchain i.d ecosystem is set to leverage decentralization in keeping records for the citizens of Bermuda. This small Island nation joins Catalonia who is also creating a digital ledger for i.d record […]
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Brave Blockchain and Privacy Browser Scores 8 Million Active Monthly Users

Blockchain-powered privacy web browser, Brave, has just announced in an official blog post that the browser now has 8 million active users who use it monthly and a daily user mark of 2.8 million. The platform’s growth has been quite commendable and is slowly increasing in popularity, gearing up its head to compete with other bigger browsers. The Brave platform now also has 290,000 Brave Verified Publishers, who earn Brave’s Basic Attention Tokens (BAT) as payments for the content they produce and make available. Of this number, the announcement states that 15,000 are Twitch streamers with 33,000 website publishers and creators and a whopping 200,000 content creators on YouTube. Two months ago, Brave began allowing Twitter users to tip other accounts that post interesting content, using BAT. Since inception, 28,000 users have now signed up for this service and are free to tip and receive as well. The Brave team is heavily focused on putting control in the hands of content creators and eliminating the middlemen as much as possible. For a long time, major ad services companies like Google and Facebook, have not only been profiting too much off users’ contents but seem to unnecessarily tracking ad and user activity. Since the Brave platform is powered by blockchain technology, there is little to no chance that there will be any unnecessary tracking. Brave also incentivizes its users to watch ads on the platform and pays these viewers in BAT. The Brave Ads platform is an opt-in service that was officially launched back in April and according to design, users are paid 70% of revenue from the ads just for viewing them. Today, there have been 385 successful campaigns on the platform. Furthermore, Brave also reports that its platform engagement has hit an impressive 14% click-through rate, much higher than the industry average of 2%. The post Brave Blockchain and Privacy Browser Scores 8 Million Active Monthly Users appeared first on ZyCrypto.
ZyCrypto

Privacy-focused Brave browser boasts 8M monthly active users

Privacy-focused internet browser Brave has hit 8 million-mark in terms of monthly active users. Announcing the news on Wednesday, Brave said daily active users, on the other hand, have surpassed the 2.8 million mark. The browser, with opt-in blockchain functionality, also compensates content creators, users and advertisers in its native Basic Attention Token (BAT) for viewing online ads. Brave said it has delivered nearly 400 ad campaigns to date. The browser maker further said that it now has over 290,000 verified publishers - 200,000 of those are YouTube creators, 33,000 website publishers, 15,000 Twitch streamers and 28,000 are Twitter accounts. Brave also offers a cryptocurrency wallet for ether (ETH), ERC-20 tokens and collectibles, including BAT.
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