"For those unfamiliar, asset-backed tokens are blockchain-based units of value that are pegged to real-world assets, such as company shares, real estate, diamonds, or commodities. They represent a large subcategory of security tokens and allow users to hold ownership rights over a physical and tangible asset in a digital form. Recently, the US Securities and Exchange Commission (SEC) released a new document that defines digital assets and elaborates on how issuers and investors should treat them. The regulator’s framework is regarded as an analytical tool to determine which digital assets behave as securities and fall under SEC’s radar. When a fully operational legal framework is developed around security tokens, they might slowly but steadily replace many of the traditional trade operations by bringing more automation and transparency."
Taken from the article: What Are Asset-Backed Tokens and Why Do They Matter?
Read it by going to: https://finance.yahoo.com/news/asset-backed-tokens-why-matter-121932321.html?guccounter=1
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Topic: The COINsistent Show - The Crypto Actuallity that /Actually/ Matters! (Read 1699 times)
August 19, 2019, 03:07:09 PM
August 19, 2019, 10:41:55 AM
Confirmed in a press release on Aug. 19, Rakuten Wallet, which is a subsidiary of Japanese e-commerce giant Rakuten, said spot trading of three cryptocurrencies — Bitcoin (BTC), Ether (ETH) and Bitcoin Cash (BCH) — was now live.
In future, developers plan to release an app for iOS and Android, use of which will be mandatory for deposits and withdrawals.
“Customers who already have a bank account with Rakuten Bank will be able to easily open a Rakuten Wallet account simply by entering the required information on the online application form,” the press release added.
Taken from the article: Japan’s Retail Giant Rakuten Officially Launches Crypto Exchange
Read it by going to: https://cointelegraph.com/news/japans-retail-giant-rakuten-officially-launches-crypto-exchange
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In future, developers plan to release an app for iOS and Android, use of which will be mandatory for deposits and withdrawals.
“Customers who already have a bank account with Rakuten Bank will be able to easily open a Rakuten Wallet account simply by entering the required information on the online application form,” the press release added.
Taken from the article: Japan’s Retail Giant Rakuten Officially Launches Crypto Exchange
Read it by going to: https://cointelegraph.com/news/japans-retail-giant-rakuten-officially-launches-crypto-exchange
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August 16, 2019, 02:18:38 PM
"Ever since Facebook unveiled its plan to launch a cryptocurrency, Libra, policymakers around the world have been up in arms. Beyond core concerns of trust, they are worried Libra could be used to launder money, finance terrorism or destabilize central bank fiat currencies.
They're right to be worried. Libra should not move forward until all concerns are fully addressed. But the debate surrounding Libra underscores a larger issue with the lack of clear regulation of cryptocurrencies at large."
Taken from the article: The current state of crypto regulation is hurting US companies
Read it by going to: https://editi[Suspicious link removed]/2019/08/07/perspectives/libra-facebook-cryptocurrency-regulation/index.html
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They're right to be worried. Libra should not move forward until all concerns are fully addressed. But the debate surrounding Libra underscores a larger issue with the lack of clear regulation of cryptocurrencies at large."
Taken from the article: The current state of crypto regulation is hurting US companies
Read it by going to: https://editi[Suspicious link removed]/2019/08/07/perspectives/libra-facebook-cryptocurrency-regulation/index.html
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August 16, 2019, 01:24:30 AM
"The hackers behind a sophisticated seven-year Chinese government intelligence operation simultaneously use their talents to hack for personal profit by putting a bull’s-eye on targets in the cryptocurrency and video game industries"
Taken from the article: China’s cyber-spies make money on the side by hacking video games
Read it by going to: http://[Suspicious link removed]/309i1Qe
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Taken from the article: China’s cyber-spies make money on the side by hacking video games
Read it by going to: http://[Suspicious link removed]/309i1Qe
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August 15, 2019, 12:44:36 PM
"Central banks worldwide are examining the possibility of issuing a central bank digital currency (CBDC), with some already testing theirs for different uses. Countries that have advanced their digital currency projects include China, Singapore, Canada, the Bahamas, Thailand, Uruguay, and Sweden. India has also included the digital rupee in the country’s draft cryptocurrency bill."
Taken from the article: Central Banks Worldwide Testing Their Own Digital Currencies
Read it by going to: https://news.bitcoin.com/central-banks-testing-digital-currencies/
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Taken from the article: Central Banks Worldwide Testing Their Own Digital Currencies
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August 15, 2019, 10:11:11 AM
"A quick look at the crypto market top ten by market cap and how they’ve performed in correlation with Bitcoin could help shed some light in which of the bunch will return to their former glory and even go on to set new highs.
According to data shared by San Diego-based Blockforce Capital Chief Investment Officer David Martin, only two of the top ten crypto assets have outpaced Bitcoin in 2019 thus far: Litecoin and Binance’s native token, Binance Coin or BNB."
Taken from the article: Altcoin Apocalypse: Only Two of Top Ten Crypto Cap Have Outperformed Bitcoin
Read it by going to: https://www.newsbtc.com/2019/08/12/altcoin-apocalypse-crypto-bitcoin/
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According to data shared by San Diego-based Blockforce Capital Chief Investment Officer David Martin, only two of the top ten crypto assets have outpaced Bitcoin in 2019 thus far: Litecoin and Binance’s native token, Binance Coin or BNB."
Taken from the article: Altcoin Apocalypse: Only Two of Top Ten Crypto Cap Have Outperformed Bitcoin
Read it by going to: https://www.newsbtc.com/2019/08/12/altcoin-apocalypse-crypto-bitcoin/
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August 14, 2019, 02:39:51 PM
"Governments worldwide are changing the way they regulate crypto assets to comply with the global cryptocurrency standards set by the Financial Action Task Force (FATF). Some are amending existing laws, while others are creating a new system to cooperate and share data.
A number of countries worldwide are reportedly setting up a new cryptocurrency system to help them comply with the FATF standards. Fifteen nations are planning to create a global system “to collect and share personal data on individuals who conduct cryptocurrency transactions,” Nikkei reported on Aug. 9, noting that “the G7 members, Australia, and Singapore will develop the new system.” The G7 members are France, Japan, Canada, Italy, Germany, the U.K., and the U.S."
Taken from the article: Crypto Regulations Are Changing Worldwide to Comply With FATF Standards
Read it by going to: https://news.bitcoin.com/crypto-regulations-changing-worldwide-comply-fatf-standards/
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A number of countries worldwide are reportedly setting up a new cryptocurrency system to help them comply with the FATF standards. Fifteen nations are planning to create a global system “to collect and share personal data on individuals who conduct cryptocurrency transactions,” Nikkei reported on Aug. 9, noting that “the G7 members, Australia, and Singapore will develop the new system.” The G7 members are France, Japan, Canada, Italy, Germany, the U.K., and the U.S."
Taken from the article: Crypto Regulations Are Changing Worldwide to Comply With FATF Standards
Read it by going to: https://news.bitcoin.com/crypto-regulations-changing-worldwide-comply-fatf-standards/
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August 14, 2019, 08:25:11 AM
"2019 is the year when the blockchain ecosystem and the crypto industry as a whole had to get sober. After a wild 2017 and a bear 2018, the blockchain space is back on an upwards trajectory with new developments. There are no more Initial Coin Offerings (ICOs) to distract the crypto ecosystem and the building mentality is back on. This post-ICO and post-useless-PR-partnerships age urges the blockchain community to be less focused on the current price of bitcoin and more focused on producing meaningful services and advancements. Big projects from established enterprises like Facebook Libra are taking all the media space now and this is net positive for the enterprise blockchain space as well."
Taken from the article: Large Enterprises Are Betting On Blockchain In 2019
Read it by going to: https://www.forbes.com/sites/biserdimitrov/2019/08/13/large-enterprises-are-betting-on-blockchain-in-2019/#4ede26b11bff
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Taken from the article: Large Enterprises Are Betting On Blockchain In 2019
Read it by going to: https://www.forbes.com/sites/biserdimitrov/2019/08/13/large-enterprises-are-betting-on-blockchain-in-2019/#4ede26b11bff
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August 13, 2019, 12:20:10 PM
"Blockchain technology is among the most disruptive forces of the past decade. Its power to record, enable, and secure huge numbers and varieties of transactions raises an intriguing question: Can the same distributed ledger technology that powers bitcoin also enable better execution of strategic projects in a conservative sector like construction, involving large teams of contractors and subcontractors and an abundance of building codes, safety regulations, and standards?"
Taken from the article: How Blockchain Will Change Construction
Read it by going to: https://hbr.org/2019/07/how-blockchain-will-change-construction
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Taken from the article: How Blockchain Will Change Construction
Read it by going to: https://hbr.org/2019/07/how-blockchain-will-change-construction
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August 13, 2019, 04:05:31 AM
"The Binance-owned digital currency wallet, Trust Wallet, has released a desktop application for macOS.
The team behind Trust Wallet announced the development in a tweet today, Aug. 12, also revealing that the wallet will be available in the Mac App Store shortly.
In a series of tweets, Trust Wallet founder Viktor Radchenko disclosed that support for Linux will be launched next week. Radchenko further said that the main challenge for the team now is to port Trust Wallet to Windows, which they have ostensibly not done yet. Radchenko also noted that most desktop crypto users — around 75% — are on Windows."
Taken from the article: Binance’s Trust Wallet Releases Desktop App for MacOS
Read it by going to: https://cointelegraph.com/news/binances-trust-wallet-releases-desktop-app-for-macos
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The team behind Trust Wallet announced the development in a tweet today, Aug. 12, also revealing that the wallet will be available in the Mac App Store shortly.
In a series of tweets, Trust Wallet founder Viktor Radchenko disclosed that support for Linux will be launched next week. Radchenko further said that the main challenge for the team now is to port Trust Wallet to Windows, which they have ostensibly not done yet. Radchenko also noted that most desktop crypto users — around 75% — are on Windows."
Taken from the article: Binance’s Trust Wallet Releases Desktop App for MacOS
Read it by going to: https://cointelegraph.com/news/binances-trust-wallet-releases-desktop-app-for-macos
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August 12, 2019, 12:29:32 PM
"Bitcoin, which recorded a new hash rate high, and increased by over 12 percent over the same seven day period, is responsible for all of those market gains. At the time of writing total market cap is at $304 billion, $20 billion higher than this time last week. According to Tradingview, BTC dominance is almost 71 percent and the altcoins are getting obliterated.
Ethereum has dumped over 5 percent today in a slide back below $215. Since its high of $238 earlier this week, ETH has been in free fall plunging 10 percent to current levels. With no fundamentals in sight and weak technical, Ethereum could be back below $200 by next week, especially if big brother decides to pull back again."
Taken from the article: Altcoins Annihilated as Crypto Winter Threatens to Return
Read it by going to: https://www.newsbtc.com/2019/08/09/altcoins-annihilated-as-crypto-winter-threatens-to-return/
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Ethereum has dumped over 5 percent today in a slide back below $215. Since its high of $238 earlier this week, ETH has been in free fall plunging 10 percent to current levels. With no fundamentals in sight and weak technical, Ethereum could be back below $200 by next week, especially if big brother decides to pull back again."
Taken from the article: Altcoins Annihilated as Crypto Winter Threatens to Return
Read it by going to: https://www.newsbtc.com/2019/08/09/altcoins-annihilated-as-crypto-winter-threatens-to-return/
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August 12, 2019, 09:38:16 AM
"This entire year has been pretty bleak for the majority of altcoins which have barely managed to drag themselves out of the frozen quagmire of crypto winter. Since last Friday, total crypto market capitalization has grown by 7 percent but it is by no effort of any of the altcoins."
Taken from the article: Altcoins Annihilated as Crypto Winter Threatens to Return
Read it by going to: https://www.newsbtc.com/2019/08/09/altcoins-annihilated-as-crypto-winter-threatens-to-return/
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Taken from the article: Altcoins Annihilated as Crypto Winter Threatens to Return
Read it by going to: https://www.newsbtc.com/2019/08/09/altcoins-annihilated-as-crypto-winter-threatens-to-return/
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August 09, 2019, 12:21:16 PM
"From early next year, Facebook intends to let its two billion-odd users - more than 139 million of whom are in Africa - make digital payments through its apps and popular messaging service WhatsApp using a new crypto-currency called Libra.
It could have profound implications for a continent which receives a huge amount of remittances - and is one of the least-banked regions of the world, something that has allowed for other innovations like mobile cash payments to take hold in Africa."
Taken from the article: Will Facebook's digital money Libra be good for Africa?
Read it by going to: https://www.bbc.com/news/world-africa-48882301?intlink_from_url=https://www.bbc.com/news/topics/cyd7z4rvdm3t/crypto-currency&link_location=live-reporting-story
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It could have profound implications for a continent which receives a huge amount of remittances - and is one of the least-banked regions of the world, something that has allowed for other innovations like mobile cash payments to take hold in Africa."
Taken from the article: Will Facebook's digital money Libra be good for Africa?
Read it by going to: https://www.bbc.com/news/world-africa-48882301?intlink_from_url=https://www.bbc.com/news/topics/cyd7z4rvdm3t/crypto-currency&link_location=live-reporting-story
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August 09, 2019, 05:15:21 AM
"Bitcoin and cryptocurrency exchange hacks and security breaches are still a common occurrence but the biggest bitcoin market places are working hard to change this—with mixed success.
The bitcoin price regularly takes a beating due to bitcoin exchanges and cryptocurrency platforms losing its user's data and, in worst cases, their actual coins.
Now, Binance, the world’s largest cryptocurrency exchange by trading volume which has built a reputation of transparency and reliability, has warned users it’s investigating an alleged leak of verification data."
Taken from the article: Serious Security Warning Issued For World's Biggest Bitcoin And Crypto Exchange, Binance
Read it by going to: https://www.forbes.com/sites/billybambrough/2019/08/08/serious-security-warning-issued-for-worlds-biggest-bitcoin-and-cryptocurrency-exchange-binance/#7fef68556158
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The bitcoin price regularly takes a beating due to bitcoin exchanges and cryptocurrency platforms losing its user's data and, in worst cases, their actual coins.
Now, Binance, the world’s largest cryptocurrency exchange by trading volume which has built a reputation of transparency and reliability, has warned users it’s investigating an alleged leak of verification data."
Taken from the article: Serious Security Warning Issued For World's Biggest Bitcoin And Crypto Exchange, Binance
Read it by going to: https://www.forbes.com/sites/billybambrough/2019/08/08/serious-security-warning-issued-for-worlds-biggest-bitcoin-and-cryptocurrency-exchange-binance/#7fef68556158
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August 08, 2019, 03:01:05 PM
"North Korea has raised an astonishing $2 billion from launching cyberattacks on banks and cryptocurrency exchanges, according to reports. The money was used to fund the nation’s purchase of military weapons, a leaked draft United Nations report states.
According to the report submitted to the Security Council committee last week, the widespread and “increasingly sophisticated” attacks saw North Korean hackers stealing funds and attempting to launder the stolen money. This allegedly took place under the direction of the nation’s military intelligence agency The General Bureau."
Taken from the article: North Korean Hackers' $2 Billion Heist Is 'Funding WMD Programs'
Read it by going to: https://www.forbes.com/sites/kateoflahertyuk/2019/08/07/north-korean-hackers-2-billion-heist-is-funding-wmd-programs/#4721aded38fb
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According to the report submitted to the Security Council committee last week, the widespread and “increasingly sophisticated” attacks saw North Korean hackers stealing funds and attempting to launder the stolen money. This allegedly took place under the direction of the nation’s military intelligence agency The General Bureau."
Taken from the article: North Korean Hackers' $2 Billion Heist Is 'Funding WMD Programs'
Read it by going to: https://www.forbes.com/sites/kateoflahertyuk/2019/08/07/north-korean-hackers-2-billion-heist-is-funding-wmd-programs/#4721aded38fb
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August 08, 2019, 10:38:22 AM
"diamDEXX has leveraged Microsoft Azure’s reliability and secure solutions to develop the diamDEXX wallet. This wallet enables users to trade using DIAM, the first stable token 100% backed by physical diamonds –the world’s most precious and stable physical asset. DIAM is based on the Ethereum ERC-20 protocol which promotes security and transparency.
The ERC-20 protocol also enables diamDEXX to use smart-contracts that embed predetermined rules, allowing users to redeem their DIAM to purchase physical diamonds at the best market price, creating an immutable shared ledger across the entire diamantaire network. In fact, DIAM allows users to choose between 7,000 diamond manufacturers and over 800,000 fully-certified stones."
Taken from the article: DiamDEXX Chooses Microsoft’s AZURE Platform For Its New Digital Wallet & Trading Platform
Read it by going to: https://corporatedispatch.com/diamdexx-chooses-microsofts-azure-platform-for-its-new-digital-wallet-trading-platform/
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The ERC-20 protocol also enables diamDEXX to use smart-contracts that embed predetermined rules, allowing users to redeem their DIAM to purchase physical diamonds at the best market price, creating an immutable shared ledger across the entire diamantaire network. In fact, DIAM allows users to choose between 7,000 diamond manufacturers and over 800,000 fully-certified stones."
Taken from the article: DiamDEXX Chooses Microsoft’s AZURE Platform For Its New Digital Wallet & Trading Platform
Read it by going to: https://corporatedispatch.com/diamdexx-chooses-microsofts-azure-platform-for-its-new-digital-wallet-trading-platform/
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August 07, 2019, 12:36:18 PM
"In the decade since the 2008 financial crisis, the monetary system has changed tremendously. Once unshakable pillars of the industry no longer exist, and new financial instruments, like digital currencies, have become more accessible.
At its peak, Bitcoin and hundreds of other digital currencies achieved a market cap of nearly $800 billion. But despite a well-publicized price drop, these tokens continue to be popular investment vehicles in the digital age.
Of course, that doesn’t mean that they are fulfilling their purpose. Bitcoin was initially intended to serve as a borderless, decentralized currency that could facilitate commerce in the digital age. However, it’s erratic valuations, and broad speculative interest has made it more akin to digital gold than to usable currency."
Taken from the article: DIAMOND-BACKED STABLECOIN CEO TALKS BLOCKCHAIN FOR STORING VALUE
Read it by going to: https://bitcoinist.com/diamond-backed-stablecoin-ceo-talks-blockchain-for-storing-value/
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At its peak, Bitcoin and hundreds of other digital currencies achieved a market cap of nearly $800 billion. But despite a well-publicized price drop, these tokens continue to be popular investment vehicles in the digital age.
Of course, that doesn’t mean that they are fulfilling their purpose. Bitcoin was initially intended to serve as a borderless, decentralized currency that could facilitate commerce in the digital age. However, it’s erratic valuations, and broad speculative interest has made it more akin to digital gold than to usable currency."
Taken from the article: DIAMOND-BACKED STABLECOIN CEO TALKS BLOCKCHAIN FOR STORING VALUE
Read it by going to: https://bitcoinist.com/diamond-backed-stablecoin-ceo-talks-blockchain-for-storing-value/
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August 07, 2019, 04:15:26 AM
"In the United States and many other countries, Bitcoin payments are treated as taxable events. In other words, Bitcoin users should be tracking the capital gains they accrue when they buy something with the cryptocurrency. From a tax perspective, a Bitcoin payment is treated the same as a sale of one’s Bitcoin holdings. Technically, this policy applies to everything from the purchase of a house to buying a coffee in the morning on the way to work."
Taken from the article: Bitcoin's Use In Online Payments Faces A Serious Regulatory Hurdle
Read it by going to: https://www.forbes.com/sites/ktorpey/2019/08/06/bitcoins-use-in-online-payments-faces-a-serious-regulatory-hurdle/#e9c79d95e7fc
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Taken from the article: Bitcoin's Use In Online Payments Faces A Serious Regulatory Hurdle
Read it by going to: https://www.forbes.com/sites/ktorpey/2019/08/06/bitcoins-use-in-online-payments-faces-a-serious-regulatory-hurdle/#e9c79d95e7fc
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August 06, 2019, 02:04:29 PM
"As the crypto community digests the news that leading firms such as Blockstack and YouNow obtained SEC approval to sell security tokens to retail investors, a German startup announced that it received approval from the German Financial Market Supervisory Authority (BaFin) to distribute the country’s first blockchain-based real estate bond to retail and institutional investors around the world.
The company is called Fundament Group, and yesterday it launched a 250 million euro ($280 million) tokenized bond offering on the Ethereum blockchain backed by commercial real estate investments in major cities across Germany. The token will conform to ERC-20 standards and be interoperable with most major wallets and transferable around the world."
Taken from the article: $280 Million Ethereum Real Estate Bond Seeks To Recapture The Promise Of The ICO
Read it by going to: https://www.forbes.com/sites/stevenehrlich/2019/07/24/280-million-ethereum-real-estate-bond-seeks-to-recapture-the-promise-of-the-ico/#148e9c8c6939
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The company is called Fundament Group, and yesterday it launched a 250 million euro ($280 million) tokenized bond offering on the Ethereum blockchain backed by commercial real estate investments in major cities across Germany. The token will conform to ERC-20 standards and be interoperable with most major wallets and transferable around the world."
Taken from the article: $280 Million Ethereum Real Estate Bond Seeks To Recapture The Promise Of The ICO
Read it by going to: https://www.forbes.com/sites/stevenehrlich/2019/07/24/280-million-ethereum-real-estate-bond-seeks-to-recapture-the-promise-of-the-ico/#148e9c8c6939
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August 06, 2019, 08:09:42 AM
"Tech giant IBM and blockchain company Chainyard have jointly developed a new blockchain network for supply chain management. IBM announced the platform in a press release shared with Cointelegraph on Aug. 5.
Alongside IBM, the Trust Your Supplier network’s founding members are also American brewing company Anheuser-Busch InBev, tech companies Cisco, Lenovo, Nokia, Schneider Electric, British pharmaceutical company GlaxoSmithKline and telecoms company Vodafone. The product is built on the IBM Blockchain Platform and aims to eliminate manual time-consuming processes and help reduce the risk of fraud and errors."
Taken from the article: IBM Launches New Blockchain Platform for Supplier Data Management
Read it by going to: https://cointelegraph.com/news/ibm-launches-new-blockchain-platform-for-supplier-data-management
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Alongside IBM, the Trust Your Supplier network’s founding members are also American brewing company Anheuser-Busch InBev, tech companies Cisco, Lenovo, Nokia, Schneider Electric, British pharmaceutical company GlaxoSmithKline and telecoms company Vodafone. The product is built on the IBM Blockchain Platform and aims to eliminate manual time-consuming processes and help reduce the risk of fraud and errors."
Taken from the article: IBM Launches New Blockchain Platform for Supplier Data Management
Read it by going to: https://cointelegraph.com/news/ibm-launches-new-blockchain-platform-for-supplier-data-management
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August 05, 2019, 10:42:36 AM
"DIAM was created with the idea of liquidising diamonds, the most crisis-resistant asset and one of the top-performing asset classes in the world. diamDEXX has stated that thanks to this, pegging their currency to $1, and establishing a redeeming system where users can get their currency’s worth in diamonds, they’re building a currency that rivals the stability and consistency of the Gold Standard Dollar. The company aims to create a borderless, low-fee platform for payments worldwide and is moving fast towards this goal, with several papers reporting on its partnership with tech giant Microsoft."
Taken from the article: diamDEXX Announces An EOS Sidechain For Its ERC-20, Diamond-Backed Token: DIAM.
Read it by going to: https://medium.com/@diamDEXX/diamdexx-announces-an-eos-sidechain-for-its-erc-20-diamond-backed-token-diam-c8b975d81c5a
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Taken from the article: diamDEXX Announces An EOS Sidechain For Its ERC-20, Diamond-Backed Token: DIAM.
Read it by going to: https://medium.com/@diamDEXX/diamdexx-announces-an-eos-sidechain-for-its-erc-20-diamond-backed-token-diam-c8b975d81c5a
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August 05, 2019, 06:00:30 AM
"In 2018, Facebook banned advertisements involving cryptocurrency or initial coin offerings to combat the proliferation of scams and bogus ICOs cropping up as the price of Bitcoin soared. Over the last few months, Facebook has been softening the ban in the run up to the announcement of Libra—and it appears scammers are taking advantage. Libra scams may not help Facebook convince lawmakers and regulators that it can protect user privacy and prevent the digital currency from being used in criminal activity. Facebook has already eroded the trust of both Republicans and Democrats on Capitol Hill after scandals involving the spread of disinformation and a failure to safeguard user data."
Taken from the article: Facebook Is Already Dealing With Scams For Its Own Cryptocurrency
Read it by going to: https://www.forbes.com/sites/rachelsandler/2019/07/23/facebook-is-already-dealing-with-scams-for-its-own-cryptocurrency/#5d9f6f2c477a
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Taken from the article: Facebook Is Already Dealing With Scams For Its Own Cryptocurrency
Read it by going to: https://www.forbes.com/sites/rachelsandler/2019/07/23/facebook-is-already-dealing-with-scams-for-its-own-cryptocurrency/#5d9f6f2c477a
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August 02, 2019, 10:33:53 AM
"Bitcoin has surged back above $10,000 per bitcoin after a raft of positive news for the bitcoin price and cryptocurrency markets, somewhat putting to rest fears bitcoin bulls were about to wrest back control.
The bitcoin price is up 10% over the last three days, with traders and investors pointing to the U.S. Federal Reserve's first rate cut in bitcoin's ten-year history as one of the prime catalysts for the sudden recovery."
Taken from the article: Bitcoin Suddenly Back Above $10,000 As Crypto Markets Gain Billions
Read it by going to: https://www.forbes.com/sites/billybambrough/2019/08/02/bitcoin-suddenly-back-above-10000-as-crypto-markets-gain-billions/#54b9be77bafa
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The bitcoin price is up 10% over the last three days, with traders and investors pointing to the U.S. Federal Reserve's first rate cut in bitcoin's ten-year history as one of the prime catalysts for the sudden recovery."
Taken from the article: Bitcoin Suddenly Back Above $10,000 As Crypto Markets Gain Billions
Read it by going to: https://www.forbes.com/sites/billybambrough/2019/08/02/bitcoin-suddenly-back-above-10000-as-crypto-markets-gain-billions/#54b9be77bafa
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August 02, 2019, 12:55:10 AM
"The African region is ripe for the adoption of blockchain in the area of digital payments. The M-Pesa mobile payment system has been operating in Kenya since 2007. It enables users to send payments to one another via a text message, using their cellphone SIM card as a store of credit. It quickly caught on to become the go-to means of making payments and was credited with lifting two percent of Kenya’s population out of poverty. M-Pesa has since rolled out to other developing countries.
This only underscores the critical role that blockchain will play in helping future generations exist outside of poverty. Like M-Pesa, cryptocurrencies provide a similar means of payment for the unbanked."
Taken from the article: Diamonds Used to be Africa's Curse — Could Blockchain Make Them into Africa's Cure?
Read it by going to: https://uk.advfn.com/newspaper/luisaureliano/51292/diamonds-used-to-be-africa-s-curse-could-blockchain-make-them-into-africa-s-cure
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This only underscores the critical role that blockchain will play in helping future generations exist outside of poverty. Like M-Pesa, cryptocurrencies provide a similar means of payment for the unbanked."
Taken from the article: Diamonds Used to be Africa's Curse — Could Blockchain Make Them into Africa's Cure?
Read it by going to: https://uk.advfn.com/newspaper/luisaureliano/51292/diamonds-used-to-be-africa-s-curse-could-blockchain-make-them-into-africa-s-cure
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August 01, 2019, 06:53:03 AM
"Describing itself as “A simple global currency and financial infrastructure that empowers billions of people,” Libra is attracting significant attention from crypto enthusiasts, mainstream financers, and curious onlookers alike. While some are debating Libra’s role in the cryptocurrency ecosystem, others are intrigued by its intended use case. Libra is targeting the 1.7 billion people around the world who are unbanked, meaning that they don’t have access to the financial institutions that have defined the modern banking movement."
Taken from the article: Facebook’s Libra Highlights Crypto’s Most Compelling Use Case
Read it by going to: https://beincrypto.com/facebooks-libra-highlights-cryptos-most-compelling-use-case/
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Taken from the article: Facebook’s Libra Highlights Crypto’s Most Compelling Use Case
Read it by going to: https://beincrypto.com/facebooks-libra-highlights-cryptos-most-compelling-use-case/
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August 01, 2019, 04:17:44 AM
"One of the greatest benefits of blockchain is that it empowers communities to create its own solutions and incentivization systems, rather than looking toward a higher centralized power. If harnessed in the right way, blockchain can unlock ‘natural capital’ in communities, particularly in the context of the environment, where the problem of global commons is most prevalent. By creating transparency and reward-based systems, new technology can create widespread change, perhaps bypassing the challenge of converting climate skeptics."
Taken from the article: Climate in the Digital Age
Read it by going to: https://www.forbes.com/sites/tatianakoffman/2019/07/30/forbes-climate-in-the-digital-age/#78c9d4edac22
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Taken from the article: Climate in the Digital Age
Read it by going to: https://www.forbes.com/sites/tatianakoffman/2019/07/30/forbes-climate-in-the-digital-age/#78c9d4edac22
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July 31, 2019, 12:04:09 PM
"Fortunately, the growth of value-backed stablecoins now makes it possible for everyday citizens to ensure they can protect their wealth from the threats of economic collapse. Hopefully blockchain is bringing us closer to a time where no one need fear the ruin that corrupt regimes and leaders can have to a nation’s economy.
Blockchain innovation is leading us to a time when, with the click of a button, all citizens of the world will have the opportunity to invest in real-world stores of value at the click of a button, all made possible by the innovation of stablecoins."
Taken from the article: Can Stablecoins Provide Africa With a Gateway to Economic Stability?
Read it by going to: https://www.equities.com/news/can-stablecoins-provide-africa-with-a-gateway-to-economic-stability
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Blockchain innovation is leading us to a time when, with the click of a button, all citizens of the world will have the opportunity to invest in real-world stores of value at the click of a button, all made possible by the innovation of stablecoins."
Taken from the article: Can Stablecoins Provide Africa With a Gateway to Economic Stability?
Read it by going to: https://www.equities.com/news/can-stablecoins-provide-africa-with-a-gateway-to-economic-stability
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July 31, 2019, 12:51:37 AM
"In commercial real estate, Amsterdam-based HerenBouw is applying blockchain to a large-scale development project in Amsterdam harbor. According to Propulsion Consulting founder Marc Minnee, HerenBouw’s objective was to set up a blockchain-enabled project management system to make the building development lifecycle more efficient. Minnee’s blockchain application for HerenBouw focused on registering transactions at legally binding moments, where accuracy and an audit trail are essential. “Blockchain provides a platform for clearly cascading work products down the chain and holding everyone accountable for completing key tasks,” Minnee said."
Taken from the article: How Blockchain Will Change Construction
Read it by going to: https://hbr.org/2019/07/how-blockchain-will-change-construction
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Taken from the article: How Blockchain Will Change Construction
Read it by going to: https://hbr.org/2019/07/how-blockchain-will-change-construction
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July 30, 2019, 01:01:02 PM
Speaking to Yahoo Finance a few weeks back, Thomas Lee, a co-founder of Fundstrat Global Advisors, noted that the launch of Facebook’s Libra, Donald Trump’s mention of the cryptocurrency space, overall institutional involvement, and further macroeconomic unrest could help Bitcoin in reaching the $20,000 to $40,000 range by the end of the year. He elaborates:
“Bitcoin is now trading at a level that it’s only seen 3% of its historical days. If you go back to every milestone that that was achieved, bitcoin subsequently rallied somewhere between 200% to 400% within the next four months, so I think if that’s playing out this time that means bitcoin could be $20,000 to $40,000 sometime in the fourth quarter.”
Taken from the article: Prominent Investor on Why Bitcoin Can Hit $20,000 by Year’s End
Read it by going to: https://www.newsbtc.com/2019/07/28/prominent-investor-on-why-bitcoin-can-hit-20000-by-years-end/
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“Bitcoin is now trading at a level that it’s only seen 3% of its historical days. If you go back to every milestone that that was achieved, bitcoin subsequently rallied somewhere between 200% to 400% within the next four months, so I think if that’s playing out this time that means bitcoin could be $20,000 to $40,000 sometime in the fourth quarter.”
Taken from the article: Prominent Investor on Why Bitcoin Can Hit $20,000 by Year’s End
Read it by going to: https://www.newsbtc.com/2019/07/28/prominent-investor-on-why-bitcoin-can-hit-20000-by-years-end/
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July 30, 2019, 04:38:31 AM
New episode up!
We interviewed @HypersphereAI's Founder, Evgen Verzun. Evgen has designed tools used by the #USArmy and leads a team of Apple and Verizon scientists integrating the blockchain in everyday cybersecurity.
Enjoy our chat at: https://www.youtube.com/watch?v=Gda8B1QmKok&feature=youtu.be
We interviewed @HypersphereAI's Founder, Evgen Verzun. Evgen has designed tools used by the #USArmy and leads a team of Apple and Verizon scientists integrating the blockchain in everyday cybersecurity.
Enjoy our chat at: https://www.youtube.com/watch?v=Gda8B1QmKok&feature=youtu.be
July 29, 2019, 02:00:11 PM
"Blockchain innovation is leading us to a time when, with the click of a button, all citizens of the world will have the opportunity to invest in real-world stores of value at the click of a button, all made possible by the innovation of stablecoins."
Taken from the article: Can Stablecoins Provide Africa With a Gateway to Economic Stability?
Read it by going to: https://www.equities.com/news/can-stablecoins-provide-africa-with-a-gateway-to-economic-stability
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Taken from the article: Can Stablecoins Provide Africa With a Gateway to Economic Stability?
Read it by going to: https://www.equities.com/news/can-stablecoins-provide-africa-with-a-gateway-to-economic-stability
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July 29, 2019, 08:49:26 AM
"Blockchain technology is among the most disruptive forces of the past decade. Blockchain’s power to record, enable, and secure huge numbers and varieties of transactions raises an intriguing question: can the same distributed ledger technology that powers bitcoin also enable better execution of strategic projects in a conservative sector like construction, involving large teams of contractors and subcontractors and an abundance of building codes, safety regulations, and standards?"
Taken from the article: How Blockchain Will Change Construction
Read it by going to: https://hbr.org/2019/07/how-blockchain-will-change-construction
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Taken from the article: How Blockchain Will Change Construction
Read it by going to: https://hbr.org/2019/07/how-blockchain-will-change-construction
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July 27, 2019, 08:44:14 AM
"Bitcoin and other similar currencies may be best suited as speculative assets, but they do not represent the full expression of the crypto ecosystem. Stablecoins, a specific type of cryptocurrency that, as the name indicates, prioritize stability by aligning their value with another asset like dollars, gold, or other resources, offer a more practical option for the unbanked.
Libra eschews each of these categories, choosing instead to base its value off of a basket of global currencies and low-volatility securities that will give the currency both a unique valuation and a reliable price.
Of course, Libra isn’t carving out its own niche in the crypto space. The stablecoin market already features several players that are creating unique takes on the stablecoin initaitve, all in an effort to bolster the usability of digital currencies around the world."
Taken from the article: Facebook’s Libra Highlights Crypto’s Most Compelling Use Case
Read it by going to: https://beincrypto.com/facebooks-libra-highlights-cryptos-most-compelling-use-case/
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Libra eschews each of these categories, choosing instead to base its value off of a basket of global currencies and low-volatility securities that will give the currency both a unique valuation and a reliable price.
Of course, Libra isn’t carving out its own niche in the crypto space. The stablecoin market already features several players that are creating unique takes on the stablecoin initaitve, all in an effort to bolster the usability of digital currencies around the world."
Taken from the article: Facebook’s Libra Highlights Crypto’s Most Compelling Use Case
Read it by going to: https://beincrypto.com/facebooks-libra-highlights-cryptos-most-compelling-use-case/
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July 26, 2019, 01:22:39 PM
"Facebook has said that Libra will keep a stable value because it will be backed by a reserve containing mainly cash deposits of US dollars, British pounds, euros, and Japanese yen. The approach takes cues from other so-called stablecoins, an emerging class of digital currencies. But the basic idea underlying stablecoins isn’t new, Bullard said. Nations have tried to “peg” their currency’s value to that of another currency, often the US dollar. In that case, the central bank promises to convert a fixed amount of its nation’s currency for a dollar. "
Taken from the article: We’ve had private currencies like Libra before. It was chaos.
Read it by going to: https://www.technologyreview.com/s/614013/weve-had-private-currencies-like-libra-before-it-was-chaos/?utm_source=twitter&utm_campaign=site_visitor.unpaid.engagement&utm_medium=tr_social
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Taken from the article: We’ve had private currencies like Libra before. It was chaos.
Read it by going to: https://www.technologyreview.com/s/614013/weve-had-private-currencies-like-libra-before-it-was-chaos/?utm_source=twitter&utm_campaign=site_visitor.unpaid.engagement&utm_medium=tr_social
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July 25, 2019, 11:55:29 AM
"According to reporting from CoinDesk, the token will be backed by five separate construction projects, three in Hamburg, one in Frankfurt and one in the university town of Jena. The portfolio, including residential, commercial and hotel properties, will total more than 680,000 square feet upon completion. The company expects to pay investors an annual dividend between 4-7% each year at the end of July until the year 2033, at which point investors will be reimbursed in full for the nominal amount of their initial purchase. Investors will be able to pay for their shares and receive dividends in fiat or ether. There is an expectation that this payout model could help drive additional demand for the token, as opposed to traditional STOs that may trade at a discount, at least early on, due to illiquid markets."
Taken from the article: $280 Million Ethereum Real Estate Bond Seeks To Recapture The Promise Of The ICO
Read it by going to: https://www.forbes.com/sites/stevenehrlich/2019/07/24/280-million-ethereum-real-estate-bond-seeks-to-recapture-the-promise-of-the-ico/#148e9c8c6939
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Taken from the article: $280 Million Ethereum Real Estate Bond Seeks To Recapture The Promise Of The ICO
Read it by going to: https://www.forbes.com/sites/stevenehrlich/2019/07/24/280-million-ethereum-real-estate-bond-seeks-to-recapture-the-promise-of-the-ico/#148e9c8c6939
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July 25, 2019, 08:07:22 AM
"The New York Times’ Research and Development team have an ambitious plan to take on the proliferation of misinformation in online news publishing. This so-called “News Provenance Project” will leverage the immutable and decentralized qualities of a blockchain data storage system to provide extensive metadata on media published with news stories."
Taken from the article: New York Times Researchers to Tackle ‘Fake News’ With Blockchain Technology
Read it by going to: https://beincrypto.com/new-york-times-researchers-to-tackle-fake-news-with-blockchain-technology/
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Taken from the article: New York Times Researchers to Tackle ‘Fake News’ With Blockchain Technology
Read it by going to: https://beincrypto.com/new-york-times-researchers-to-tackle-fake-news-with-blockchain-technology/
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July 24, 2019, 01:19:36 PM
"To underscore the point that scalability is a gating factor for mass market adoption, I offer a simple and generic definition of scalability: Scalability refers to a blockchain’s ability to provide a rich experience for users independent of how many users have this experience. Whether the user’s experience is joining a blockchain’s network, interacting with a decentralized application (DApp) during a prime-time rush, or breaking out from a centralized walled garden, the experience must be excellent to achieve mass market adoption. So, scalability is a key consideration if a technology seeks mainstream adoption, but is mass adoption itself important?"
Taken from the article: Why Is Scalability So Important for Blockchain Solutions?
Read it by going to: https://cointelegraph.com/news/why-is-scalability-so-important-for-blockchain-solutions
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Taken from the article: Why Is Scalability So Important for Blockchain Solutions?
Read it by going to: https://cointelegraph.com/news/why-is-scalability-so-important-for-blockchain-solutions
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July 24, 2019, 09:25:23 AM
"As the crypto community digests the news that leading firms such as Blockstack and YouNow obtained SEC approval to sell security tokens to retail investors, a German startup announced that it received approval from the German Financial Market Supervisory Authority (BaFin) to distribute the country’s first blockchain-based real estate bond to retail and institutional investors around the world.
The company is called Fundament Group, and yesterday it launched a 250 million euro ($280 million) tokenized bond offering on the Ethereum blockchain backed by commercial real estate investments in major cities across Germany. The token will conform to ERC-20 standards and be interoperable with most major wallets and transferable around the world."
Taken from the article: $280 Million Ethereum Real Estate Bond Seeks To Recapture The Promise Of The ICO
Read it by going to: https://www.forbes.com/sites/stevenehrlich/2019/07/24/280-million-ethereum-real-estate-bond-seeks-to-recapture-the-promise-of-the-ico/#148e9c8c6939
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The company is called Fundament Group, and yesterday it launched a 250 million euro ($280 million) tokenized bond offering on the Ethereum blockchain backed by commercial real estate investments in major cities across Germany. The token will conform to ERC-20 standards and be interoperable with most major wallets and transferable around the world."
Taken from the article: $280 Million Ethereum Real Estate Bond Seeks To Recapture The Promise Of The ICO
Read it by going to: https://www.forbes.com/sites/stevenehrlich/2019/07/24/280-million-ethereum-real-estate-bond-seeks-to-recapture-the-promise-of-the-ico/#148e9c8c6939
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July 23, 2019, 11:44:17 AM
Ethereum, the second-largest cryptocurrency, has achieved only 12% recognition since it went live in July 2015 and it can be assumed that smaller cryptocurrencies litecoin and Ripple's XRP are still less well known.
"We believe that crypto and the blockchain technology that underpins it will be essential to tomorrow’s economy," said Guy Hirsch, U.S. managing director of eToro. "By introducing the concept to a new audience, libra could play a vital role in the evolution of decentralized and more democratized finance."
Taken from the article: Facebook's Libra Is Already Ahead Of Ethereum, Litecoin, And Ripple's XRP--But Not Bitcoin
Read it by going to: https://www.forbes.com/sites/billybambrough/2019/07/21/facebooks-libra-is-already-ahead-of-ethereum-litecoin-and-ripples-xrp-but-not-bitcoin/#2f4f157538e1
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"We believe that crypto and the blockchain technology that underpins it will be essential to tomorrow’s economy," said Guy Hirsch, U.S. managing director of eToro. "By introducing the concept to a new audience, libra could play a vital role in the evolution of decentralized and more democratized finance."
Taken from the article: Facebook's Libra Is Already Ahead Of Ethereum, Litecoin, And Ripple's XRP--But Not Bitcoin
Read it by going to: https://www.forbes.com/sites/billybambrough/2019/07/21/facebooks-libra-is-already-ahead-of-ethereum-litecoin-and-ripples-xrp-but-not-bitcoin/#2f4f157538e1
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July 23, 2019, 07:55:06 AM
"Blockchain will increasingly compete with legacy trust intermediaries because of its symbiotic distributed ledger network. You'll trust a digital record or asset that's installed on a Blockchain and distributed to a network of ledgers called "nodes." Practically speaking, Blockchain is essentially a database platform – a digital pegboard – onto which you can plug any number and variety of digitally encrypted elements and applications: a contract, a record or a financial asset, like cryptocurrency or an ownership share of a business. Even your last will and testament."
Taken from the article: Blockchain Isn't The End Of Trust, It's The Future Of Trust
Read it by going to: https://www.forbes.com/sites/jimblasingame/2019/07/18/blockchain-isnt-the-end-of-trust-its-the-future-of-trust/#43653c531596
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Taken from the article: Blockchain Isn't The End Of Trust, It's The Future Of Trust
Read it by going to: https://www.forbes.com/sites/jimblasingame/2019/07/18/blockchain-isnt-the-end-of-trust-its-the-future-of-trust/#43653c531596
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July 22, 2019, 02:01:04 PM
"Bitcoin has been around for a little over a decade, while its biggest competitors ethereum, litecoin, and Ripple's XRP have been knocking around for between seven and four years—but all save bitcoin are already being eclipsed by Facebook's yet-to-launch libra cryptocurrency.
The bitcoin price has surged over recent months as interest surrounding social media giant Facebook's planned libra project reached fever-pitch but has swung wildly as global regulators poured cold water on Facebook's ambitions."
Taken from the article: Facebook's Libra Is Already Ahead Of Ethereum, Litecoin, And Ripple's XRP--But Not Bitcoin
Read it by going to: https://www.forbes.com/sites/billybambrough/2019/07/21/facebooks-libra-is-already-ahead-of-ethereum-litecoin-and-ripples-xrp-but-not-bitcoin/#2f4f157538e1
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The bitcoin price has surged over recent months as interest surrounding social media giant Facebook's planned libra project reached fever-pitch but has swung wildly as global regulators poured cold water on Facebook's ambitions."
Taken from the article: Facebook's Libra Is Already Ahead Of Ethereum, Litecoin, And Ripple's XRP--But Not Bitcoin
Read it by going to: https://www.forbes.com/sites/billybambrough/2019/07/21/facebooks-libra-is-already-ahead-of-ethereum-litecoin-and-ripples-xrp-but-not-bitcoin/#2f4f157538e1
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July 22, 2019, 06:32:51 AM
"Bitpoint, a licensed cryptocurrency exchange based in Japan, has been hacked for $32 million in crypto assets. According to a CoinDesk Japan report on Friday, Bitpoint halted all services including trading, deposit and withdrawal of all crypto assets on Friday morning after it noticed irregular withdrawal from its hot wallet on Thursday. It is not yet clear at this stage which types of assets were lost, the exchange offered trading for five cryptocurrencies: bitcoin, bitcoin cash, ether, litecoin and XRP."
Taken from the article: Bitpoint Exchange Hacked for $32 Million in Cryptocurrency
Read it by going to: https://www.coindesk.com/japanese-exchange-bitpoint-hacked-by-32-million-worth-in-cryptocurrencies
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Taken from the article: Bitpoint Exchange Hacked for $32 Million in Cryptocurrency
Read it by going to: https://www.coindesk.com/japanese-exchange-bitpoint-hacked-by-32-million-worth-in-cryptocurrencies
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July 19, 2019, 12:30:04 PM
"In the blockchain industry, “scalability” can mean a lot of things. In one debate, you may hear about a technology’s lack of scalability in terms of blockchain’s size over time, conflating the ability to on-board new network participants cheaply with the technology’s ability to survive the test of time. In another discussion, you may hear comparisons to legacy technologies like traditional payment processors and the transaction volume they have on certain holidays as a worthy definition of what is required of a scalable technology. "
Taken from the article: Why Is Scalability So Important for Blockchain Solutions?
Read it by going to: https://cointelegraph.com/news/why-is-scalability-so-important-for-blockchain-solutions
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Taken from the article: Why Is Scalability So Important for Blockchain Solutions?
Read it by going to: https://cointelegraph.com/news/why-is-scalability-so-important-for-blockchain-solutions
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July 19, 2019, 04:49:37 AM
"The phase where Libra is supported by 100 or so companies is a necessary stepping stone to a future where many more users and organizations are running the nodes that form the backbone of the network so it can be trusted and scale in ways Bitcoin and Ethereum have failed to, Dante Disparte, head of policy and communications at the Libra Association, said in an interview. With Bitcoin, he said, "the adoption curve hasn’t hit billions of people." In five years, Libra will be "totally permissionless and totally decentralized," he said."
Taken from the article: Crypto Trailblazer Says Facebook’s Libra Threatens to Undo Blockchain Gains
Read it by going to: https://www.bloomberg.com/news/articles/2019-07-11/crypto-trailblazer-says-libra-threatens-to-undo-blockchain-gains?utm_medium=social&utm_source=twitter&utm_content=crypto&utm_campaign=socialflow-organic
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Taken from the article: Crypto Trailblazer Says Facebook’s Libra Threatens to Undo Blockchain Gains
Read it by going to: https://www.bloomberg.com/news/articles/2019-07-11/crypto-trailblazer-says-libra-threatens-to-undo-blockchain-gains?utm_medium=social&utm_source=twitter&utm_content=crypto&utm_campaign=socialflow-organic
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July 18, 2019, 08:34:46 AM
"Perhaps most importantly, Bitcoin and other like-minded cryptocurrencies are extremely volatile. While their well-document price fluctuations can significantly dampen buying processes, it’s even more devastating in places where users are relying on the currency’s store of value to provide for critical goods and services.
At the same time, things like varying transaction fees, somewhat slow settlement times, and a general blasé approach to facilitating commerce make Bitcoin unsuitable as currency, especially in developing countries or for those without access to traditional financial resources."
Taken from the article: Facebook’s Libra Highlights Crypto’s Most Compelling Use Case
Read it by going to: https://beincrypto.com/facebooks-libra-highlights-cryptos-most-compelling-use-case/
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At the same time, things like varying transaction fees, somewhat slow settlement times, and a general blasé approach to facilitating commerce make Bitcoin unsuitable as currency, especially in developing countries or for those without access to traditional financial resources."
Taken from the article: Facebook’s Libra Highlights Crypto’s Most Compelling Use Case
Read it by going to: https://beincrypto.com/facebooks-libra-highlights-cryptos-most-compelling-use-case/
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July 18, 2019, 01:28:10 AM
"The prevailing belief is that at some point the inherent contractions in Facebook’s blockchain strategy and the Libra project are going to become too much to overcome. Of course, this assumes that the project launches at all, which is not certain given the regulatory scrutiny it faces around the world."
Taken from the article: As Facebook Struggles For Blockchain Support, A Truly Decentralized Challenger Emerges
Read it by going to: https://www.forbes.com/sites/stevenehrlich/2019/07/17/as-facebook-struggles-for-blockchain-support-a-truly-decentralized-challenger-emerges/#517d357c19eb
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Taken from the article: As Facebook Struggles For Blockchain Support, A Truly Decentralized Challenger Emerges
Read it by going to: https://www.forbes.com/sites/stevenehrlich/2019/07/17/as-facebook-struggles-for-blockchain-support-a-truly-decentralized-challenger-emerges/#517d357c19eb
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July 17, 2019, 09:15:47 AM
"42% of the world’s poverty is concentrated in Sub-Saharan Africa.
It’s no wonder, then, that Africa hasn’t quite adapted to the current global economic model –one based on credit scores, banks, and fundamentally broken consumerism culture. In a region that also struggles with providing people with fundamental well-being necessities (such as access to basic utilities, health services, and education), banks can’t profit off citizens’ desire for items they don’t need. Capital, therefore, seems to escape Africa."
Taken from the article: Crypto Diamonds: Creating an Appropriate Economic Model for Africa Using Its Most Precious Resources.
Read it by going to: https://www.thecryptoupdates.com/crypto-diamonds-creating-an-appropriate-economic-model-for-africa-using-its-most-precious-resources/
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It’s no wonder, then, that Africa hasn’t quite adapted to the current global economic model –one based on credit scores, banks, and fundamentally broken consumerism culture. In a region that also struggles with providing people with fundamental well-being necessities (such as access to basic utilities, health services, and education), banks can’t profit off citizens’ desire for items they don’t need. Capital, therefore, seems to escape Africa."
Taken from the article: Crypto Diamonds: Creating an Appropriate Economic Model for Africa Using Its Most Precious Resources.
Read it by going to: https://www.thecryptoupdates.com/crypto-diamonds-creating-an-appropriate-economic-model-for-africa-using-its-most-precious-resources/
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July 17, 2019, 06:09:14 AM
"diamDEXX recently announced the integration of Flexepin on its site, a money-to-voucher service that’s widely used in Africa to send and receive payments. Thanks to this integration, African users can use a ready alternative to purchase cryptocurrencies, which they can then use to trade with the whole world, an alternative that fiat, SMS, or even FinTech alternatives couldn’t provide. Having a coin consistently pegged to $1 can help users avoid unwanted price swings, and DIAM’s service aims to offers practically no fees or chargebacks."
Taken from the article: Crypto Diamonds: Creating an Appropriate Economic Model for Africa Using Its Most Precious Resources.
Read it by going to: https://www.thecryptoupdates.com/crypto-diamonds-creating-an-appropriate-economic-model-for-africa-using-its-most-precious-resources/
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Taken from the article: Crypto Diamonds: Creating an Appropriate Economic Model for Africa Using Its Most Precious Resources.
Read it by going to: https://www.thecryptoupdates.com/crypto-diamonds-creating-an-appropriate-economic-model-for-africa-using-its-most-precious-resources/
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July 16, 2019, 04:46:46 AM
"Facebook's proposed new cryptocurrency, Libra—the subject of hearings just now in Washington—is designed like a classic currency from the colonial period of history. Anyone presenting a unit of specified foreign exchange will get a proportional unit of Libra. For example, one dollar might get one Libra, one euro 1.1 Libras, 66 Indian rupees one Libra, and so on, based on the price Libra advertises in various global currencies. In the archetypical monetary arrangement of the colonial period, in the hundred years prior to the second World War, colonial currencies were available at a set rate to anyone presenting the British pound sterling."
Taken from the article: Facebook's Libra Could Use A Little Colonialism
Read it by going to: https://www.forbes.com/sites/briandomitrovic/2019/07/15/facebooks-libra-could-use-a-little-colonialism/#39dabb236091
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Taken from the article: Facebook's Libra Could Use A Little Colonialism
Read it by going to: https://www.forbes.com/sites/briandomitrovic/2019/07/15/facebooks-libra-could-use-a-little-colonialism/#39dabb236091
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July 16, 2019, 12:29:19 AM
"Coupled with blockchain technology, national cryptocurrencies could increase transparency around government spending and make it difficult for dark money to infiltrate political campaign financing, illegal drug trade, and criminal activity. A cryptocurrency-based monetary shift would also be aligned with the exponential growth of technology and the cultural impetus to digitize as many facets of day-to-day life as possible. It’s not hard to imagine a day in the near future when people move through the world without carrying wallets or even mobile phones – at least not in their current iteration. I’m optimistic that cryptocurrency would naturally fall into that space."
Taken from the article: Why Cryptocurrency -- Not Interest Rates -- May Have The Biggest Impact On Inflation
Read it by going to: https://www.forbes.com/sites/forbesfinancecouncil/2019/07/11/why-cryptocurrency-not-interest-rates-may-have-the-biggest-impact-on-inflation/#2e8dac0f7296
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Taken from the article: Why Cryptocurrency -- Not Interest Rates -- May Have The Biggest Impact On Inflation
Read it by going to: https://www.forbes.com/sites/forbesfinancecouncil/2019/07/11/why-cryptocurrency-not-interest-rates-may-have-the-biggest-impact-on-inflation/#2e8dac0f7296
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July 15, 2019, 11:04:15 AM
"However, past this initial inflation, cryptocurrency offers an opportunity to stabilize the global economy because, much like gold, there is a finite amount of it to be mined. Furthermore, it’s the first investment that anyone in the world can purchase at any time, as long as they have access to the internet. For example, if you’re living in Argentina, you can’t just buy U.S. dollars whenever you want. You need a broker. And while the New York Stock Exchange closes, cryptocurrency never does. It’s a 24/7 investment."
Taken from the article: Why Cryptocurrency -- Not Interest Rates -- May Have The Biggest Impact On Inflation
Read it by going to: https://www.forbes.com/sites/forbesfinancecouncil/2019/07/11/why-cryptocurrency-not-interest-rates-may-have-the-biggest-impact-on-inflation/#2e8dac0f7296
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Taken from the article: Why Cryptocurrency -- Not Interest Rates -- May Have The Biggest Impact On Inflation
Read it by going to: https://www.forbes.com/sites/forbesfinancecouncil/2019/07/11/why-cryptocurrency-not-interest-rates-may-have-the-biggest-impact-on-inflation/#2e8dac0f7296
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July 15, 2019, 12:45:22 AM
"Now the criticism is coming from a leader in the computer science world that’s fiercely protective of the structural independence created by Bitcoin in 2009 and Ethereum in 2015. A key aspect of distributed computing systems that make up a blockchain is the inability of any one party to censor transactions or control who can and can’t be a part of the network. No person or corporation owns the underlying systems, similar to how the internet is free for anyone to use. Facebook threatens these blockchain tenets with Libra, said Mihai Alisie, a co-founder of Ethereum."
Taken from the article: Crypto Trailblazer Says Facebook’s Libra Threatens to Undo Blockchain Gains
Read it by going to: https://www.bloomberg.com/news/articles/2019-07-11/crypto-trailblazer-says-libra-threatens-to-undo-blockchain-gains?utm_medium=social&utm_source=twitter&utm_content=crypto&utm_campaign=socialflow-organic
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Taken from the article: Crypto Trailblazer Says Facebook’s Libra Threatens to Undo Blockchain Gains
Read it by going to: https://www.bloomberg.com/news/articles/2019-07-11/crypto-trailblazer-says-libra-threatens-to-undo-blockchain-gains?utm_medium=social&utm_source=twitter&utm_content=crypto&utm_campaign=socialflow-organic
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July 12, 2019, 07:22:55 AM
"The market for STOs is now emerging. During August 2018, an online retailer and early cryptocurrency adopter, Overstock.com, raised $134 million in an initial coin offering (ICO) for its security token exchange called tZero. The exchange was opened for trading during January of this year, with tZero’s proprietary token comprising the sole crypto asset available for trade at launch. TZero launched just weeks after SharesPost, a regulated alternative trading system and registered broker-dealer that facilitated the first-ever secondary trade of a security token in the form of Blockchain Capital’s BCAP tokens."
Taken from the article: 10 Things to Track With Blockchain
Read it by going to: https://cointelegraph.com/news/top-10-industries-being-transformed-by-blockchain
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Taken from the article: 10 Things to Track With Blockchain
Read it by going to: https://cointelegraph.com/news/top-10-industries-being-transformed-by-blockchain
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July 12, 2019, 12:29:43 AM
"The top crypto exchange by trading volume, Binance, has launched version 2.0 of its platform – a move that officially adds margin trading for its customers.
The firm revealed that margin trading was on the way in late May, and said that the service would feature up to 20x leverage soon after.
In an announcement Thursday, Binance indicated that leverage (the amount that can be borrowed against a user’s crypto collateral) is just 3x, however."
Taken from the article: Binance Launches Platform ‘2.0’ as Margin Trading Goes Live
Read it by going to: https://www.coindesk.com/binance-launches-platform-2-0-as-margin-trading-goes-live?utm_source=twitter&utm_medium=coindesk&utm_term=&utm_content=&utm_campaign=Organic%20
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The firm revealed that margin trading was on the way in late May, and said that the service would feature up to 20x leverage soon after.
In an announcement Thursday, Binance indicated that leverage (the amount that can be borrowed against a user’s crypto collateral) is just 3x, however."
Taken from the article: Binance Launches Platform ‘2.0’ as Margin Trading Goes Live
Read it by going to: https://www.coindesk.com/binance-launches-platform-2-0-as-margin-trading-goes-live?utm_source=twitter&utm_medium=coindesk&utm_term=&utm_content=&utm_campaign=Organic%20
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July 11, 2019, 02:09:32 PM
"While diamonds are often associated exclusively with the jewel trade, it is important to note that the commodity has a number of other real-world use cases - especially in the industrial sectors. As such, Bain & Company has said that the demand for diamonds will surpass its supply by the end of 2020, further highlighting its characteristics as a store of value."
Taken from the article: Can Stablecoins Provide Africa With a Gateway to Economic Stability?
Read it by going to: https://www.equities.com/news/can-stablecoins-provide-africa-with-a-gateway-to-economic-stability
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Taken from the article: Can Stablecoins Provide Africa With a Gateway to Economic Stability?
Read it by going to: https://www.equities.com/news/can-stablecoins-provide-africa-with-a-gateway-to-economic-stability
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July 11, 2019, 09:35:14 AM
"Citizens based in third-world countries that are looking to avoid the domestic threats of hyper-inflated currencies should consider the merits of Bitcoin. It’s characteristics as a finite, borderless store of value makes it an ideal safeguard. Alternatively, there are now a number of legitimate stablecoin projects that are fully backed by real-world stores of value. For example, diamDEXX is backed 100% by physical diamonds that are frequently audited by established third parties. The options for third-world citizens are effectively endless, with stablecoins even having the potential to be backed by real estate portfolios."
Taken from the article: Will Facebook Coin Actually Be Able To Bank The Unbanked?
Read it by going to: https://cryptodaily.co.uk/2019/06/will-facebook-coin-actually-be-able-to-bank-the-unbanked
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Taken from the article: Will Facebook Coin Actually Be Able To Bank The Unbanked?
Read it by going to: https://cryptodaily.co.uk/2019/06/will-facebook-coin-actually-be-able-to-bank-the-unbanked
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July 10, 2019, 12:42:02 PM
"It’s still to be revealed whether or not there will be any incentives or other alluring features for users. It’s also proving to be extremely controversial. This was to be expected in the crypto community, but even beyond, US government representatives are expressing caution. Given Facebook’s tendency to openly share information with anyone who wants to see it, it’s almost inevitable that the regulators will intervene. Perhaps Libra will become the world’s biggest cryptocurrency. Or maybe it will be dead in the water even before it even starts swimming"
Taken from the article: Top 5 Stablecoins to Look Out For
Read it by going to: https://coingape.com/top-5-stablecoins-look/
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Taken from the article: Top 5 Stablecoins to Look Out For
Read it by going to: https://coingape.com/top-5-stablecoins-look/
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July 10, 2019, 08:37:04 AM
"On another impressive performance of the crypto world's most fierce competitors, we have Litecoin that recently reached an $8.3 billion dollar market cap. The crypto market's lucky number 7 is preparing for a halvening this year, which is expected to skyrocket its price. A halvening is something to be taken seriously, since every time, Bitcoin, has been halved it has helped the coin, reach a new all-time-high."
To watch the full video, Go to: https://www.youtube.com/watch?v=OkS0_LPUW4c 👈🌐
To watch the full video, Go to: https://www.youtube.com/watch?v=OkS0_LPUW4c 👈🌐
July 09, 2019, 01:07:22 PM
"Of course, Libra isn’t carving out its own niche in the crypto space. The stablecoin market already features several players that are creating unique takes on the stablecoin initaitve, all in an effort to bolster the usability of digital currencies around the world.
For example, diamDEXX, a stablecoin that supports truly valuable digital money, aligns its token price with U.S. dollars, and it backs those finances with diamonds. Offering both a stablecoin and a wallet service, diamDEXX acts as a store of value and a medium of exchange for unbanked mobile users around the world, Africa especially."
Taken from the article: Facebook’s Libra Highlights Crypto’s Most Compelling Use Case
Read it by going to: https://beincrypto.com/facebooks-libra-highlights-cryptos-most-compelling-use-case/
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For example, diamDEXX, a stablecoin that supports truly valuable digital money, aligns its token price with U.S. dollars, and it backs those finances with diamonds. Offering both a stablecoin and a wallet service, diamDEXX acts as a store of value and a medium of exchange for unbanked mobile users around the world, Africa especially."
Taken from the article: Facebook’s Libra Highlights Crypto’s Most Compelling Use Case
Read it by going to: https://beincrypto.com/facebooks-libra-highlights-cryptos-most-compelling-use-case/
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July 09, 2019, 08:38:20 AM
"To start with the most impressive coin of the bear market and of the last year in general, Binance has managed to build up some impressive fundamentals, Launching margin trading, Announcing a coin burn, Advancing their decentralized community coin, Preparing their futures platform with up to 20x leverage. It seems like Binance is a monster out and about, ready to eat up all of the other exchanges."
To watch the full video, Go to: https://www.youtube.com/watch?v=OkS0_LPUW4c 👈🌐
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July 08, 2019, 03:11:49 PM
"Describing itself as “A simple global currency and financial infrastructure that empowers billions of people,” Libra is attracting significant attention from crypto enthusiasts, mainstream financers, and curious onlookers alike.
While some are debating Libra’s role in the cryptocurrency ecosystem, others are intrigued by its intended use case.
Libra is targeting the 1.7 billion people around the world who are unbanked, meaning that they don’t have access to the financial institutions that have defined the modern banking movement.
In this way, Facebook is highlighting one of crypto’s most compelling use cases."
Taken from the article: Facebook’s Libra Highlights Crypto’s Most Compelling Use Case
Read it by going to: https://beincrypto.com/facebooks-libra-highlights-cryptos-most-compelling-use-case/
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While some are debating Libra’s role in the cryptocurrency ecosystem, others are intrigued by its intended use case.
Libra is targeting the 1.7 billion people around the world who are unbanked, meaning that they don’t have access to the financial institutions that have defined the modern banking movement.
In this way, Facebook is highlighting one of crypto’s most compelling use cases."
Taken from the article: Facebook’s Libra Highlights Crypto’s Most Compelling Use Case
Read it by going to: https://beincrypto.com/facebooks-libra-highlights-cryptos-most-compelling-use-case/
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July 08, 2019, 04:35:49 AM
"As you might know, not much has happened this week, since we reported that Bitcoin and Ethereum were booming hard, with the number 1 and number 2 currencies struggling to pull the weight of the crypto market during this week. This time around, however, two coins have been in charge of leading the weight for the crypto market, so today we'll talk about them almost exclusively."
To watch the full video, Go to: https://www.youtube.com/watch?v=OkS0_LPUW4c 👈🌐
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July 05, 2019, 11:23:20 PM
Quote
it looks interesting. promising plan. I think, that this will take place in the development of society. especially, those, who need it. it's up to date.
Thanks Maria! We hope to keep growing our channel. Our new video is almost out!
July 05, 2019, 12:02:29 PM
"Joining the Libra Association implies running a node for the cryptocurrency, and requires a $580,000 investment in infrastructure, a $10 million worth of Libra investment, and complying with an elaborate list of pre-requisites."
Taken from the article: An Oligopoly In the Making: Who’s David Marcus, Facebook’s ‘Libra’ Head of Blockchain?
Read it by going to: https://medium.com/@diamDEXX/an-oligopoly-in-the-making-whos-david-marcus-facebook-s-libra-head-of-blockchain-41a49ed902bd?postPublishedType=initial
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Taken from the article: An Oligopoly In the Making: Who’s David Marcus, Facebook’s ‘Libra’ Head of Blockchain?
Read it by going to: https://medium.com/@diamDEXX/an-oligopoly-in-the-making-whos-david-marcus-facebook-s-libra-head-of-blockchain-41a49ed902bd?postPublishedType=initial
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July 05, 2019, 09:15:07 AM
"As a result, with blockchain companies such as diamDEXX now offering a transparent way to hold value in KPCS diamonds in the form of a stablecoin, residents of African countries with less than stable economies now have a way out. A stablecoin is most commonly anchored to a major fiat currency, and in the case of DIAM, 1 stablecoin is pegged 1:1 against the USD and backed by physical diamonds as well."
Taken from the article: Can Stablecoins Provide Africa With a Gateway to Economic Stability?
Read it by going to: https://www.equities.com/news/can-stablecoins-provide-africa-with-a-gateway-to-economic-stability
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Taken from the article: Can Stablecoins Provide Africa With a Gateway to Economic Stability?
Read it by going to: https://www.equities.com/news/can-stablecoins-provide-africa-with-a-gateway-to-economic-stability
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July 04, 2019, 01:42:02 PM
"DIAM was created with the idea of liquidising diamonds, the most crisis-resistant asset and one of the top-performing asset classes in the world. diamDEXX has stated that thanks to this, pegging their currency to $1, and establishing a redeeming system where users can get their currency’s worth in diamonds, they’re building a currency that rivals the stability and consistency of the Gold Standard Dollar. The company aims to create a borderless, low-fee platform for payments worldwide and is moving fast towards this goal, with several papers reporting on its partnership with tech giant Microsoft."
Taken from the article: diamDEXX Announces An EOS Sidechain For Its ERC-20, Diamond-Backed Token: DIAM.
Read it by going to: https://medium.com/@diamDEXX/diamdexx-announces-an-eos-sidechain-for-its-erc-20-diamond-backed-token-diam-c8b975d81c5a
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Taken from the article: diamDEXX Announces An EOS Sidechain For Its ERC-20, Diamond-Backed Token: DIAM.
Read it by going to: https://medium.com/@diamDEXX/diamdexx-announces-an-eos-sidechain-for-its-erc-20-diamond-backed-token-diam-c8b975d81c5a
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July 04, 2019, 05:48:59 AM
"Facebook has announced plans to launch a stablecoin later this month, which once again validates the important role that asset-backed tokens will play in the future of blockchain technology. While it is often noted that stablecoins can benefit those looking to store wealth from the threats of financial instability, very little has been discussed about the impact this will have on the African continent. This is somewhat surprising when you consider their long-standing history of fascist dictators that have all but destroyed many African economies."
Taken from the article: Can Stablecoins Provide Africa With a Gateway to Economic Stability?
Read it by going to: https://www.equities.com/news/can-stablecoins-provide-africa-with-a-gateway-to-economic-stability
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Taken from the article: Can Stablecoins Provide Africa With a Gateway to Economic Stability?
Read it by going to: https://www.equities.com/news/can-stablecoins-provide-africa-with-a-gateway-to-economic-stability
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July 03, 2019, 02:14:18 PM
"IBM has launched a number of enterprise blockchain offers to date. Last month, CIP, a facilitator of Brazilian banking and financial infrastructure, officially launched its blockchain ID platform via a partnership with IBM using Hyperledger Fabric. Its aim is to authenticate and verify digital signatures using mobile devices."
Taken from the article: IBM Launches Blockchain Pilot for Bank Guarantee Processes
Read it by going to: https://cointelegraph.com/news/ibm-launches-blockchain-pilot-for-bank-guarantee-processes
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Taken from the article: IBM Launches Blockchain Pilot for Bank Guarantee Processes
Read it by going to: https://cointelegraph.com/news/ibm-launches-blockchain-pilot-for-bank-guarantee-processes
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July 03, 2019, 07:37:36 AM
"BNB continues to build the most impressive chart in the current market. Binance also announced a Bitcoin-pegged token to be released on their platform, which in this market, could lead to more and more successes for CZ's favorite crypto toy."
To watch the full video, Go to: https://www.youtube.com/watch?time_continue=2&v=k6CVpRAa070 👈🌐
To watch the full video, Go to: https://www.youtube.com/watch?time_continue=2&v=k6CVpRAa070 👈🌐
July 02, 2019, 12:40:31 PM
"With blockchain technology offering unprecedented opportunities to augment the efficiency and transparency of complex and global systems, DLT is increasingly disrupting how many processes underpinning the organization of daily life are conducted. From how cross-border trade is conducted to how food finds its way to one’s plate, blockchain is redefining the systems that are fundamental to the operations of contemporary society. However, the examples above only cover a small number of the most high-profile applications for blockchain technology, with DLT currently driving widespread creative destruction across nearly all sectors of economic activity."
Taken from the article: Top-10 Industries Being Transformed by Blockchain
Read it by going to: https://cointelegraph.com/news/top-10-industries-being-transformed-by-blockchain
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Taken from the article: Top-10 Industries Being Transformed by Blockchain
Read it by going to: https://cointelegraph.com/news/top-10-industries-being-transformed-by-blockchain
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July 02, 2019, 09:27:56 AM
"On more COINsistent news, Russia continues to make moves towards adopting digital currencies, which served as an excuse for the world's snarkiest country to comment on Facebook's Libra. The country's Financial Market Committee chairman said that Libra will likely not be accepted as a legal circulating currency in the country, and that whoever wants to use it, "should do so at their own peril" which didn't sound menacing at all. This is certainly bad news for Facebook, since Russia's rejection could mean that other countries would follow Russia's lead, and completely reject or outdrive ban users from purchasing or transfering libras using facebook's platform."
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July 01, 2019, 12:28:12 PM
"In recent years, the art world has increasingly warmed to blockchain technology, embracing the innovative crowdfunding capabilities afforded by STOs. In July 2018, DLT platform Maecenas partnered with London gallery Dadiani Fine Art to sell virtual tokens representing fractional ownership of a piece of art for the very first time. The token sale saw 31.5% of Andy Warhol’s 1980 work “14 Small Chairs” auctioned in exchange for BTC and ETH — valued at approximately $5.6 million."
Taken from the article: Top-10 Industries Being Transformed by Blockchain
Read it by going to: https://cointelegraph.com/news/top-10-industries-being-transformed-by-blockchain
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Taken from the article: Top-10 Industries Being Transformed by Blockchain
Read it by going to: https://cointelegraph.com/news/top-10-industries-being-transformed-by-blockchain
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July 01, 2019, 07:25:40 AM
"To start with the first relevant news of the week, it's no secret that Bitcoin and Ethereum are pumping hard, with Bitcoin dangerously nearing $13K, and Ethereum hitting a 10-month high. At this point in time every projection seems to be positive, with the Bitcoinist stating that Bitcoin could hit the 20K dollar mark only to go forwards to 100K from these levels. This can only mean that users should brace themselves, and HODL!"
To watch the full video, Go to: https://www.youtube.com/watch?time_continue=2&v=k6CVpRAa070 👈🌐
To watch the full video, Go to: https://www.youtube.com/watch?time_continue=2&v=k6CVpRAa070 👈🌐
June 28, 2019, 10:53:38 AM
"The crypto world’s resolve to push and help projects built on decentralized networks and platforms –with Bitcoin as its main champion — can ultimately slow down the oligopoly’s success, or even trip it completely. For this to happen, however, users need to embrace cryptocurrency as a means of payment, and not only as a speculation vehicle."
Taken from the article: An Oligopoly In the Making: Who’s David Marcus, Facebook’s ‘Libra’ Head of Blockchain?
Read it by going to: https://medium.com/@diamDEXX/an-oligopoly-in-the-making-whos-david-marcus-facebook-s-libra-head-of-blockchain-41a49ed902bd?postPublishedType=initial
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Taken from the article: An Oligopoly In the Making: Who’s David Marcus, Facebook’s ‘Libra’ Head of Blockchain?
Read it by going to: https://medium.com/@diamDEXX/an-oligopoly-in-the-making-whos-david-marcus-facebook-s-libra-head-of-blockchain-41a49ed902bd?postPublishedType=initial
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June 28, 2019, 07:46:53 AM
"The main concept of Facebook’s Libra launch is to remove the barriers associated with accessing the global monetary system - especially for those based in emerging and third-world economies. To achieve this, the Libra coin will act as stablecoin, which will be fully backed by a basket of major currencies and government securities (such as Treasury Notes).
However, although the Libra project is not expected to launch until 2020, Facebook has already caught the attention of U.S. regulators. Just a day after the project announcement, the Senate Banking Committee announced that it would be holding a crucial hearing on July 16th to determine the risks of the project."
Taken from the article: Will Facebook Coin Actually Be Able To Bank The Unbanked?
Read it by going to: https://cryptodaily.co.uk/2019/06/will-facebook-coin-actually-be-able-to-bank-the-unbanked
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However, although the Libra project is not expected to launch until 2020, Facebook has already caught the attention of U.S. regulators. Just a day after the project announcement, the Senate Banking Committee announced that it would be holding a crucial hearing on July 16th to determine the risks of the project."
Taken from the article: Will Facebook Coin Actually Be Able To Bank The Unbanked?
Read it by going to: https://cryptodaily.co.uk/2019/06/will-facebook-coin-actually-be-able-to-bank-the-unbanked
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June 27, 2019, 11:47:50 AM
"Throughout its short history, Bitcoin (BTC) has been seen as anything but centralized, sovereign, and censorable. The crypto asset was created by a pseudonymous individual, is secured by a global group of miners, and is backed by no government, traditional finance system, or common entity.
And as a result, many have looked to Bitcoin and its brethren — other digital assets — as a much-needed escape hatch from fiat and government overreach. Indeed, the cryptocurrency was released in the wake (and seemingly as a result) of the 2008 Great Depression, and many that have since flocked to the cryptocurrency are staunch anti-establishment proponents."
Taken from the article: Merit of Crypto as Safe Haven Showing: Bitcoin Volume in Hong Kong Spikes
Read it by going to: https://www.newsbtc.com/2019/06/17/merit-of-crypto-as-safe-haven-showing-bitcoin-volume-in-hong-kong-spikes/
Follow us to support our project: https://twitter.com/COINsistentShow ❤
And as a result, many have looked to Bitcoin and its brethren — other digital assets — as a much-needed escape hatch from fiat and government overreach. Indeed, the cryptocurrency was released in the wake (and seemingly as a result) of the 2008 Great Depression, and many that have since flocked to the cryptocurrency are staunch anti-establishment proponents."
Taken from the article: Merit of Crypto as Safe Haven Showing: Bitcoin Volume in Hong Kong Spikes
Read it by going to: https://www.newsbtc.com/2019/06/17/merit-of-crypto-as-safe-haven-showing-bitcoin-volume-in-hong-kong-spikes/
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June 27, 2019, 07:04:11 AM
"The biggest crypto exchange by volume Binance and digital asset Trust company Paxos have integrated a new fiat deposit gateway on Binance’s flagship trading platform.
According to a press release published on June 26, the gateway will enable traders to exchange fiat currency for the PAX Standard (PAX) stablecoin on the Paxos platform via wire transfer. The amount will then be reflected directly as a PAX-denominated balance in their Binance accounts."
Taken from the article: Binance and Paxos Just Made It Easier to Exchange Stablecoins for Fiat
Read it by going to: https://cointelegraph.com/news/binance-and-paxos-just-made-it-easier-to-exchange-stablecoins-for-fiat
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According to a press release published on June 26, the gateway will enable traders to exchange fiat currency for the PAX Standard (PAX) stablecoin on the Paxos platform via wire transfer. The amount will then be reflected directly as a PAX-denominated balance in their Binance accounts."
Taken from the article: Binance and Paxos Just Made It Easier to Exchange Stablecoins for Fiat
Read it by going to: https://cointelegraph.com/news/binance-and-paxos-just-made-it-easier-to-exchange-stablecoins-for-fiat
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June 26, 2019, 01:15:31 PM
"Facebook’s plan to operate its own digital currency poses risks to the international banking system that should trigger a speedy response from global policymakers, according to the organisation that represents the world’s central banks. Although the move of big tech firms such as Facebook, Amazon and Alibaba into financial services could speed up transactions and cut costs, especially in developing world countries, it could also undermine the stability of a banking system that has only just recovered from the crash of 2008."
Taken from the article: Facebook's Libra cryptocurrency 'poses risks to global banking'
Read it by going to: https://www.theguardian.com/technology/2019/jun/23/facebook-libra-cryptocurrency-poses-risks-to-global-banking
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Taken from the article: Facebook's Libra cryptocurrency 'poses risks to global banking'
Read it by going to: https://www.theguardian.com/technology/2019/jun/23/facebook-libra-cryptocurrency-poses-risks-to-global-banking
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June 26, 2019, 01:50:36 AM
"In May, Binance released a report about the state of the stablecoin market. It brings the extent of the current stablecoin boom into sharp relief. In 2019, stablecoins have already overtaken Bitcoin in trading volume. This is driving others to get in on the current trend. For example, Binance itself has announced its intentions to release a stablecoin. In even bigger news, all eyes have been on Facebook since it confirmed it would be launching its own stable version of a cryptocurrency."
Taken from the article: Top 5 Stablecoins to Look Out For
Read it by going to: https://coingape.com/top-5-stablecoins-look/
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Taken from the article: Top 5 Stablecoins to Look Out For
Read it by going to: https://coingape.com/top-5-stablecoins-look/
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June 25, 2019, 11:05:18 AM
"DIAM was created with the idea of liquidising diamonds, the most crisis-resistant asset and one of the top-performing asset classes in the world. diamDEXX has stated that thanks to this, pegging their currency to $1, and establishing a redeeming system where users can get their currency’s worth in diamonds, they’re building a currency that rivals the stability and consistency of the Gold Standard Dollar. The company aims to create a borderless, low-fee platform for payments worldwide and is moving fast towards this goal, with several papers reporting on its partnership with tech giant Microsoft."
Taken from the article: diamDEXX Announces An EOS Sidechain For Its ERC-20, Diamond-Backed Token: DIAM.
Read it by going to: https://medium.com/@diamDEXX/diamdexx-announces-an-eos-sidechain-for-its-erc-20-diamond-backed-token-diam-c8b975d81c5a
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Taken from the article: diamDEXX Announces An EOS Sidechain For Its ERC-20, Diamond-Backed Token: DIAM.
Read it by going to: https://medium.com/@diamDEXX/diamdexx-announces-an-eos-sidechain-for-its-erc-20-diamond-backed-token-diam-c8b975d81c5a
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June 25, 2019, 08:05:20 AM
"There are several criteria that are critical to assess when determining a stablecoin’s quality.
The first criteria and perhaps the most important one as well would be liquidity. Will you be able to actually get cash for the token, when the time comes? How quick can you convert cryptocurrencies to the stable coin? How accessible is it?
The primary reasons to hold a stablecoin are for the ease of moving dollar figures between exchanges, and for storing value. Therefore, the number of exchanges that support a given stablecoin is important."
Taken from the article: Top 5 Stablecoins to look out for in 2019
Read it by going to: https://ambcrypto.com/top-5-stablecoins-to-look-out-for-in-2019/
Follow us to support our project: https://twitter.com/COINsistentShow ❤
The first criteria and perhaps the most important one as well would be liquidity. Will you be able to actually get cash for the token, when the time comes? How quick can you convert cryptocurrencies to the stable coin? How accessible is it?
The primary reasons to hold a stablecoin are for the ease of moving dollar figures between exchanges, and for storing value. Therefore, the number of exchanges that support a given stablecoin is important."
Taken from the article: Top 5 Stablecoins to look out for in 2019
Read it by going to: https://ambcrypto.com/top-5-stablecoins-to-look-out-for-in-2019/
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June 24, 2019, 11:47:04 AM
"There's been a lot of talk about how cryptocurrencies and blockchain are at odds with policy objectives and nation-states, especially with the emergence of Libra and the reaction to it from policy-makers across the world. However, there are areas of collaboration where the spirit of bitcoin and the cryptocurrencies it spawned reduces the volatility generated by the conventional financial system."
Taken from the article: Central Banks Are Using Blockchain To Stabilize The Global Financial System
Read it by going to: https://www.forbes.com/sites/rogerhuang/2019/06/23/central-banks-are-using-blockchain-to-stabilize-the-global-financial-system/#be15a0459d5e
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Taken from the article: Central Banks Are Using Blockchain To Stabilize The Global Financial System
Read it by going to: https://www.forbes.com/sites/rogerhuang/2019/06/23/central-banks-are-using-blockchain-to-stabilize-the-global-financial-system/#be15a0459d5e
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June 24, 2019, 08:12:53 AM
"The launch of the newly confirmed stablecoin resulted in multiple personalities of the blockchain and finance industries publicly ripping Libra into pieces. To this, Facebook’s new Head of Blockchain, David Marcus, optimistically said: “To earn people’s trust, we are going to have to make a strong commitment on privacy.”"
Taken from the article: An Oligopoly In the Making: Who’s David Marcus, Facebook’s ‘Libra’ Head of Blockchain?
Read it by going to: https://medium.com/@diamDEXX/an-oligopoly-in-the-making-whos-david-marcus-facebook-s-libra-head-of-blockchain-41a49ed902bd?postPublishedType=initial
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Taken from the article: An Oligopoly In the Making: Who’s David Marcus, Facebook’s ‘Libra’ Head of Blockchain?
Read it by going to: https://medium.com/@diamDEXX/an-oligopoly-in-the-making-whos-david-marcus-facebook-s-libra-head-of-blockchain-41a49ed902bd?postPublishedType=initial
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June 21, 2019, 01:32:43 PM
"Sidechains are a specific mechanism that allows cryptocurrencies to interact with one another. They serve to add flexibility to systems, allowing for tracking and testing in-network, helping support their main chain. Through a sidechain, diamDEXX is allowing DIAM (an ERC-20 token) to freely interact with the EOS network, which supports bigger applications and doesn’t charge fees. An EOS sidechain also helps add security to the original chain, creating a perfect platform for micropayments and daily use."
Taken from the article: diamDEXX Announces An EOS Sidechain For Its ERC-20, Diamond-Backed Token: DIAM.
Read it by going to: https://medium.com/@diamDEXX/diamdexx-announces-an-eos-sidechain-for-its-erc-20-diamond-backed-token-diam-c8b975d81c5a
Follow us to support our project: https://twitter.com/COINsistentShow ❤
Taken from the article: diamDEXX Announces An EOS Sidechain For Its ERC-20, Diamond-Backed Token: DIAM.
Read it by going to: https://medium.com/@diamDEXX/diamdexx-announces-an-eos-sidechain-for-its-erc-20-diamond-backed-token-diam-c8b975d81c5a
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June 21, 2019, 11:11:15 AM
"A stablecoin is a digital currency with a value pegged to and backed by an asset with a relatively stable value, like US dollars. Blockchain projects such as Tether already offer a stablecoin based on US dollars. Now, a new company called diamDEXX is offering the opportunity to invest in stablecoins where the value is tied to one dollar, but the currency itself is backed by physical reserves of diamonds.
The diamonds held in reserve by diamDEXX are stored in five different tax-free zones. The diamonds are audited by IDEX, and subject to the Kimberley Protocol, which certifies the diamonds do not originate from a conflict zone."
Taken from the article: Diamonds Used to be Africa's Curse — Could Blockchain Make Them into Africa's Cure?
Read it by going to: https://uk.advfn.com/newspaper/luisaureliano/51292/diamonds-used-to-be-africa-s-curse-could-blockchain-make-them-into-africa-s-cure
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The diamonds held in reserve by diamDEXX are stored in five different tax-free zones. The diamonds are audited by IDEX, and subject to the Kimberley Protocol, which certifies the diamonds do not originate from a conflict zone."
Taken from the article: Diamonds Used to be Africa's Curse — Could Blockchain Make Them into Africa's Cure?
Read it by going to: https://uk.advfn.com/newspaper/luisaureliano/51292/diamonds-used-to-be-africa-s-curse-could-blockchain-make-them-into-africa-s-cure
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June 20, 2019, 12:21:54 PM
"While stablecoins can address many of the shortcomings in today’s cryptocurrency ecosystem, they have had their own share of problems. This is something that diamDEXX is striving to solve by backing their token with diamond assets and offering convertibility with real diamonds."
Taken from the article: DIAMOND-BACKED STABLECOIN CEO TALKS BLOCKCHAIN FOR STORING VALUE
Read it by going to: https://bitcoinist.com/diamond-backed-stablecoin-ceo-talks-blockchain-for-storing-value/
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Taken from the article: DIAMOND-BACKED STABLECOIN CEO TALKS BLOCKCHAIN FOR STORING VALUE
Read it by going to: https://bitcoinist.com/diamond-backed-stablecoin-ceo-talks-blockchain-for-storing-value/
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June 20, 2019, 07:03:04 AM
The primary reasons to hold a stablecoin are for the ease of moving dollar figures between exchanges, and for storing value. Therefore, the number of exchanges that support a given stablecoin is important.
Another important factor would be the issuer and its associates. Are they a reputable, regulated company? Are their operations transparent? Do they use auditing firms, if so – who? How stable are their banking relationships, and where is it located regulation wise? How transparent are they with its investors?
Taken from the article: Top 5 Stablecoins to look out for in 2019
Read it by going to: https://ambcrypto.com/top-5-stablecoins-to-look-out-for-in-2019/
Follow us to support our project: https://twitter.com/COINsistentShow ❤
Another important factor would be the issuer and its associates. Are they a reputable, regulated company? Are their operations transparent? Do they use auditing firms, if so – who? How stable are their banking relationships, and where is it located regulation wise? How transparent are they with its investors?
Taken from the article: Top 5 Stablecoins to look out for in 2019
Read it by going to: https://ambcrypto.com/top-5-stablecoins-to-look-out-for-in-2019/
Follow us to support our project: https://twitter.com/COINsistentShow ❤
June 18, 2019, 07:54:58 AM
"Speaking of big surprises, another COINsistent, DIAM, recently announced the creation of its EOS sidechain, which will be used to provide the currency with the flexibility required to be adopted for micropayments."
To Watch The Full Video, Go To: https://www.youtube.com/watch?v=Kh_24htRBW8
To Watch The Full Video, Go To: https://www.youtube.com/watch?v=Kh_24htRBW8
June 17, 2019, 07:08:19 AM
"On more COINsistent news, a big investors' favourite, BNB, recently broke its January 2018 All-Time-High by hitting $33,6, an unprecedented amount. Binance's own cryptocurrency seems to be moving impulsively in a much-awaited bull run, say technical analysts, which could continue the coin's exponential growth."
To Watch The Full Video, Go To: https://www.youtube.com/watch?v=Kh_24htRBW8&feature=youtu.be
To Watch The Full Video, Go To: https://www.youtube.com/watch?v=Kh_24htRBW8&feature=youtu.be
June 16, 2019, 06:59:11 PM
The new video from The COINsistent Show guys is LIVE! 😱
GlobalCoin? 🤔 PAXOS used for Real Estate? 🏚 BNB at ATH? 👏
All that, and more, on their newest video! 👇
Have you subscribed yet? If you haven't, do it on their Youtube channel!
Go to https://youtu.be/Kh_24htRBW8
GlobalCoin? 🤔 PAXOS used for Real Estate? 🏚 BNB at ATH? 👏
All that, and more, on their newest video! 👇
Have you subscribed yet? If you haven't, do it on their Youtube channel!
Go to https://youtu.be/Kh_24htRBW8
June 13, 2019, 06:52:17 AM
"Entrepreneur Jeremy Dahan, CEO of diamDEXX, aims to shift peoples’ perceptions of diamonds away from this and to use diamonds for good to bring Africa back into power by connecting it to the rest of the world."
Taken from the article: How This Entrepreneur Wants To Connect Africa's Economy To The World Using Diamonds
Read the full article at: https://www.entrepreneur.com/article/334888
Taken from the article: How This Entrepreneur Wants To Connect Africa's Economy To The World Using Diamonds
Read the full article at: https://www.entrepreneur.com/article/334888
June 12, 2019, 11:15:37 AM
"BNB continues to be on fire, and the heat doesn't seem to be going anywhere. Binance's native currency recently hit an All-Time-High since the company adopted new policies to benefit HODLing as opposed to trading."
To watch the full video, Go to: https://www.youtube.com/watch?v=suKx2fOWwoI 👈🌐
To watch the full video, Go to: https://www.youtube.com/watch?v=suKx2fOWwoI 👈🌐
June 12, 2019, 08:57:28 AM
"COINsistents are currencies such as BNB, Paxos, Gemini and DIAM, that are backed by security, regulations, strong branding, physical or tangible assets, and aim to replace stablecoins as the newest crypto trend. DIAM, in particular, is making waves through its innovative crypto-to-diamond approach."
To watch the full video, Go to: https://www.youtube.com/watch?v=suKx2fOWwoI 👈🌐
To watch the full video, Go to: https://www.youtube.com/watch?v=suKx2fOWwoI 👈🌐
June 11, 2019, 11:56:58 PM
Hi, All!
We're starting a channel for The COINsistent Show, a weekly special where we'll review the actuality of crypto's actually important currencies.
With a very clear set of criteria, and armed with tons of research, we'll cover the assets that we call COINsistents: Currencies that promise consistency both as everyday money and as vehicles of speculation.
We hope you all like our videos, and can help us with some feedback about them!
To watch our latest video (07/July/2019) and SUBSCRIBE, Go to: https://youtu.be/Gda8B1QmKok
Join our Facebook Group at: https://www.facebook.com/groups/534848783684156/
Follow us on Twitter at: https://twitter.com/COINsistentShow/
We're starting a channel for The COINsistent Show, a weekly special where we'll review the actuality of crypto's actually important currencies.
With a very clear set of criteria, and armed with tons of research, we'll cover the assets that we call COINsistents: Currencies that promise consistency both as everyday money and as vehicles of speculation.
We hope you all like our videos, and can help us with some feedback about them!
To watch our latest video (07/July/2019) and SUBSCRIBE, Go to: https://youtu.be/Gda8B1QmKok
Join our Facebook Group at: https://www.facebook.com/groups/534848783684156/
Follow us on Twitter at: https://twitter.com/COINsistentShow/
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