Month: September 2018

Altcoin news

Now it’s free: TRON plans to distribute its tokens throw the BitTorrent

Did you know earlier how to get the cryptocurrency in an easy way? But everything is simple – if you use BitTorrent service, you can receive cryptocurrency for free. Now each user of the BitTorrent site will be able to receive their TRON coins for storing and distributing links to download the necessary content within the framework of the new Project Atlas project. According to the company, the founder and CEO of Tron Justin Sun, who is also the owner of BitTorrent, noted that the initiative of this project is “the basis for a new model for the distribution of

Altcoin news

Only Crypto, Only Hardcore: Samourai Wallet Will Only Work With Crypto-Actives

Technology does not stand without movement, and gradually the fiat money is becoming unnecessary in the digital world. The trend was decided to support the developers of the well-known multi-currency e-wallet Samourai. From now, it will not support the function of storing fiat funds on its wallets, the company decided to transfer its business to work with crypto-active assets. Now all users will be obliged to transfer the euro, dollars or yen into their cryptocurrency aggregates. After a 30-day period after the transition, as reported by the developers, they block the possibility of not only entering but also transferring the

Altcoin news

It doesn’t mean to get married: Why cryptolegislation is able to fail in Russia

The epic story with the legislative status of the cryptocurrency in the Russian Federation is similar to a detective story. Here there is a conspiracy, and murder, and evidence, and influential patrons, and outspoken opponents. It’s unclear just what will happen next in this soap series. If we throw away all the allusions – it seems the legalization of cryptocurrency in Russia will fail with a bang, says the  Cointelergaph article. Experts believe that the cryptocurrency fever that swept the RF back at the beginning of the year after the statements of the Ministry of Finance and the Central Bank

Blockchain news

Blockchain And AI In The “Smart City” Of JD

Chinese developers from JD continue to amaze the world publicity. Now their new task is to continue the development of the high-tech sphere to create the concept of “Smart City”, where the last word of technology and science will unite. According to the company, thanks to the Institute for Research, the project can quickly move from the plan to reality. In JD.com are trying to promote the construction of a “smart city” using artificial intelligence (AI), large data and blockchain technologies. Also in the new project, the main aspects will be “advanced intelligent solutions in the field of urban environment,

Bitcoin news

Fake Companies, Falsification Of Licenses And Fraud: CFTC Talks About A New Kind Of Fraud

It is turned out, that even in the 21st century, with all the possibilities to uncover frauds, the associates of the case of the great American swindler Frank Abagnale to appear. Yes, it is the same person Leonardo DiCaprio has played in the 2002 movie “Catch Me If You Can.” The Commodity Futures Trading Commission  (CFTC) revealed a few details of the investigation into the case of two famous crypto fraudsters. As it turned out, Morgan Hunt and Kim Hecroft (pseudonyms) managed to organize such a scheme, which will envy many well-known scammers. At the first stage, those two created

Altcoin news

Decentralization, 0% Commission and Fiat Support. This is the New StellarX Exchange

Crypto marketplace  StellarX, which operates on the Stellar blockchain, pleased users with its launch. Investors are offered support for Fiat and zero commissions. StellarX in functionality is not much different from its competitors on the Ethereum network, but in the case entered a unique mechanism of consensus which, according to the developers, and allows to establish a commission of 0%. But the main advantage of StellarX is fiat support. Users can already conduct transactions from US bank accounts through the Automated Clearing House (ACH) network. The plans for the platform team – the expansion of supported currencies, they promise to

Altcoin news

Daily Cryptomarket review on September, 29

Today, on Saturday, September 29, bears will depart from their influential positions a little, so the market will calm down. But the calm will be short-lived and the downward trend will continue. The course of the main cryptocurrency Bitcoin succumbed to a fever yesterday, asset`s volatility led the bulls to come into play, who did not allow the fall below $6615.00. For a day, the price of BTC lost 3.38%, amounting to $6,525.72 at the time of publication. The Ethereum chart also demonstrates yesterday’s volatility, the price of the second coin was lowered at night below $220, to $214. By

Altcoin news

Indian Top-Cryptoexchange Zebpay Withdraws The Market: Regulator Ban In Action

It seems the Indian cryptocurrency fairy tale begins to end. And so far, the matter is very serious. The indicator is that one of the leading crypto-exchange in India, ZebPay, announced the termination of work since September 28, 2018. This became possible due to the decision of the Reserve Bank of India to ban the operations in May, but it came into force only yesterday, 27 September. The site management explains this decision “the inability to appeal the court order”. Despite the fact that the lawyers of the crypto-exchanger are still contesting the decision in the Supreme Court of India,

Altcoin news

Cryptocurrencies Are Officially Allowed In Mongolia

How it is not strange (yes, do not be surprised!), but it is allowed to legally use digital assets in Mongolia. The reason for this decision is simple – the leading telecommunications company of this country called Mobicom launches the first blockchain platform forbidding, and also allows for users to place their funds on electronic wallets in a new cryptocurrency called Candy. The National Bank of Mongolia officially handed over to the Mobicom chief board the country’s first license for the use of cryptocurrency funds on its territory. Also, after the presentation, the leadership of the National Bank reported that

Blockchain news

Ripple Gives $100 million For Education Projects

A world payment blockchain conglomerate Ripple plans to invest more than $100 million into the enlightenment projects. The press release says that the main spheres will the interesting projects from spheres of science, engineering, mathematics, and financial technologies. Ripple takes out from own budget $25 million for creating a fund, while other $85 million is going to be taken from private donations. According to the head of the department for social projects Ripple Ken Weber, the process of education is the factor that “will lead to a wider dissemination of innovations in business, financial and computer sciences.” In his opinion,

Blockchain news

The Hyperledger blockchain-consortium strikes the deal with new blockchain projects

One of the world’s leading consortiums, Hyperledger, which is engaged in the development of blockchains, announced the beginning of cooperation with a number of international companies, including a global service conglomerate FedEx,  and manufacturer of electronic control and automation systems Honeywell International. According to CEO Brian Behlendorf, the consortium continues to attract various companies, start-ups, as well as scientists and experts from the IT industry. The head of Hyperledger noted that such an extension is a signal about the “growing recognition of the value of the blockchain, which will allow us to work with new opportunities.” Also, more than a

Blockchain news

The UN Will Create A Banking Blockchain System For Sierra Leone

Two UN services – the United Nations Development Fund for Development (UNCDF) and the United Nations Development Program (UNDP), in conjunction with the famous KIVA start-up, will develop a blockchain platform for citizens’ identification of Sierra Leone and the creation of personal electronic wallets. The KIVA press release noted that Sierra Leone was chosen because of the weak development of its banking sector. According to the UN, there is only one credit bureau in this republic, serving only 2000 people, which is less than 1% of the population, while more than 80% of the citizens do not have the access

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