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Topics - cheneah

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News related to Crypto / 5 Innovative Blockchain-Based Alternatives To Mainstream Platforms

« on: September 18, 2018, 10:16:08 AM »

These are just some of the examples of blockchain-powered innovations that are taking the world by storm.

he last two decades have seen the most growth in terms of technology—the accessibility of the Internet paving the way for greater globalization, the invention of mobile phones allowing individuals to send their love to their loved ones in the blink of an eye, just to name a few. But the world has yet to see the limits of what humanity can achieve. Staggering the accomplishments that our predecessors may have attained, but the world is aware that we can definitely do greater.

And with the help of blockchain technology, our IT developers and tech innovators have created ways to better improve the quality of lives that we are living. Here are 5 blockchain-powered alternatives to mainstream platforms.

News related to Crypto / Overstock’s Medici Ventures Announces Bitsy.com Wallet Beta Launch

« on: September 18, 2018, 10:12:10 AM »

Medici Ventures, a subsidiary of Overstock that superintends the company’s investments in blockchain technology firms, has announced the launch of a digital wallet platform from its portfolio company Bitsy.com.

Medici Ventures, a subsidiary of Overstock.com, which endeavors to advance blockchain technology, has announced the beta launch of Bitsy.com, a wallet and exchange platform.

Empowering Users To Hold And Control Their Cryptocurrency
Bitsy.com was created as a secure, simple and opportune connection between cryptocurrencies and fiat currencies.

The initial beta launch of Bitsy.com will back bitcoin purchases and will soon support a few other cryptocurrencies.

Bitsy empowers users to hold their own cryptocurrencies, granting them complete control over their funds, including the ability for users to transfer or spend their altcoins. This is a distinct feature to Bitsy, in that other wallet providers do not allow users to hold their coins; instead they use derivative claims on coins owned by the provider.

The wallet is safeguarded through biometric security, which wards off instances of hacks and lost passwords. In the event that a wallet gets lost or destroyed, Bitsy has a key recovery system in place that will help retrieve the funds.

Patrick Byrne, the CEO and Founder of Overstock.com, considers Bitsy a convenient platform for Bitcoin, as it will give users that freedom that Bitcoin had initially promised. Additionally, the platform will bolster Overstock’s position in the cryptocurrency space.

“Bitsy sets a new standard for cryptocurrency wallets. It is a game-changer because it gives users the freedom that bitcoin has always promised,” Byrne said.

The CEO added:

“This new Bitsy wallet has extraordinary advantage in convenience versus anything currently on the market. In addition to setting a new standard for cryptocurrency wallets, integrating with Bitsy will allow Overstock to take the next step in its cryptocurrency journey by allowing the company to offer bitcoin for sale directly from the retail website.”

source : https://news.ibinex.com/2018/09/18/overstocks-medici-ventures-announces-bitsy-com-wallet-beta-launch/

News related to Crypto / Thor Network Leads In Cross-Chain Atomic Swap Technology

« on: September 18, 2018, 10:03:24 AM »

Thor Network is a decentralized asset exchange unlike many others, in that it offers cross-chain atomic swap technology, which allows asset exchanges to be made across different blockchain systems.

Thor Network is taking blockchain technology to new heights. A decentralized asset exchange, Thor is leading in a relatively new blockchain technology: cross-chain atomic swap technology. This enables the network to process cross-blockchain transactions (transactions between different blockchains) and increase liquidity.

Decentralized Asset Exchange Systems Attempting To Forego Issues
As a decentralized asset exchange system, Thor was built to fend off the problems associated with a centralized exchange, such as hacking, theft, market manipulation and lower transparency.

Other decentralized exchanges have cropped up along with Thor Network, including Bitshares, Kyber Network, 0x Protocol, Swap, etc. Although other decentralized projects have also risen to avoid the aforesaid drawbacks, they still succumb to the limitations of the underlying blockchain and cross-chain hardships.

Although decentralized, these solutions provide crypto asset transfers in a single blockchain system. Airswap and 0x, for example, have protocols that are only compatible with ERC20 tokens on Ethereum. Therefore, they do not allow trades of altcoins between different blockchains.

Thor Network, on the other hand, provides cross-chain solutions and removes the walls that hinder the trading of altcoins between various blockchains.

Source : https://news.ibinex.com/2018/09/18/thor-network-leads-in-cross-chain-atomic-swap-technology/

News related to Crypto / Coinbase Wants To Multiply Its Employees Sevenfold

« on: September 18, 2018, 10:01:30 AM »

In its pursuit to cater to institutional clients, Coinbase needs some more of the “best and brightest minds” from traditional financial firms.

With its newly opened New York office, digital asset exchange unicorn Coinbase shared its plans to expand the operation to 150 employees next year, Coindesk reported September 15.
he San Francisco-based firm is planning a massive hiring spree for its recently opened office in New York next year which will multiply its 20 employees to a manpower of 150. Most of Coinbase’s local staff members were reportedly hired away from traditional financial institutions including Barclays, Citigroup, and the New York Stock Exchange.

The Coinbase New York office officially opened on September 13 to serve institutional clients. The slump in cryptocurrency prices this year has not pacified institutional demand for this asset class, the company says.

Coinbase Institutional general manager Adam White told CoinDesk:

“When we saw the market begin to correct, which we all expected, institutions didn’t lose interest. It was exactly the opposite. They look at it as an opportunity to enter when things are not too frothy.”

In order to bridge financial services and technology, diving in to New York’s “deep pool of talent” was crucial for the company. White said that in order to do that, they need to “pull from some of the best and brightest minds that have worked their whole careers in other kinds of traditional financial firms.”

But Not Only In New York
Prior to the New York expansion, Coinbase has already been on a hiring spree this year. Despite the bearish market, its team continues to multiply which has now more than 500 employees worldwide. And New York is not the only office that’s drawing institutional clients and recruits.

Coinbase is also eyeing expansion into Asia and Latin America in the near future. Finance Magnates reported earlier this year that another Coinbase office opened in Japan, hiring a small team and has applied for a Financial Services Agency certification in the country.

The exchange’s target clients used to be mainly retail investors. However, head of institutional sales, Christine Sandler noted that even though Coinbase is slightly shifting direction, it would not conflict with its previous focus. Sandler believes that partnering with appropriate institutions will help the cryptocurrency ecosystem grow.

She added:

“It’s not ‘institutional or retail,’ because a lot of these institutions will be distributors.”

This move is in line with the Coinbase CEO Brian Armstrong’s vision for the future of the company. According to a recent Ibinex News report, Coinbase will host more altcoins, wherein Armstrong envisions the new altcoins can run in cooperation with equity as an alternative investment system and become the “New York Stock Exchange of cryptocurrencies.”

Hooked on the latest blockchain news? Itching to get the newest deets on your favorite crypto? No problem! Here, check out our most current crypto news, fresh from the oven.

Source : https://news.ibinex.com/?gclid=CjwKCAjwxILdBRBqEiwAHL2R8yw2pGnhBp2oQsPlvbszF1h50dsKz4aklaXyczp7rJzCxhefYJCwghoCj3oQAvD_BwE

Off topic / Bilang Pangulo

« on: September 18, 2018, 09:47:42 AM »

Kung ikaw ang pangulo, saan mo ilalaan ang pinakamalaking budget ng pamahalaan?

News related to Crypto / Bitcoin Cash, Litecoin and Ripple Daily Analysis – 07/09/18

« on: September 07, 2018, 07:24:16 AM »

Bitcoin Cash Finds Support
Bitcoin Cash fell by 1.52% on Thursday, following on from a 15.93% slide on Wednesday, to end the day at $518.7.

Wednesday’s sell-off continued into Thursday, with Bitcoin Cash falling to a mid-morning intraday low $485 before recovering, Bitcoin Cash calling on support at the first major support level at $488.93, while a start of a day morning high $529.6 fell well short of the first major resistance level at $598.83.

At the time of writing, Bitcoin Cash was up 0.31% to $521.8, with Bitcoin Cash recovering from a start of a day morning low $514.9 to a morning high $528.7 before steadying, the moves through the early part of the day leaving the major support and resistance levels untested.

For the day ahead, holding on to $520 levels would support a run at $530 levels later in the day to bring the day’s first major resistance level at $537.2 into play, with sentiment across the broader market needing to improve for Bitcoin to make inroads into the mid-week losses.

Failure to hold on to $520 levels through the morning could see Bitcoin Cash pullback through the morning low $514.9, with any slide through $510 bringing sub-$500 levels and the day’s first major support level at $492.6, sentiment across the broader market to dictate whether Thursday’s $485 low is in play in the event of a sell-off.

Litecoin Stuck in the $50s
Litecoin slipped by 0.4% on Thursday, following Wednesday’s 14.83% tumble, to end the day at $57.45.

A particularly choppy start to the day saw Litecoin slide to an intraday low $53.79 and recover to an intraday high $57.75 within the first hour before settling, support at the first major support level at $53.96 kicking in to avoid a more material pullback early on.

Range bound and in the red through the day, a late in the day recovery limited the losses for the day, while the extended bearish trend remained intact, with Litecoin continuing to fall well short of the 23.6% FIB Retracement Level of $81.

At the time of writing, Litecoin was up 0.89% to $57.99, with Litecoin easing to a start of a day morning low $56.91 before recovering to a morning high $58.93, the early moves through the day leaving the first major support level at $54.91 untested, while testing the day’s first major resistance at $58.87.

For the day ahead, holding on to $57 levels through the morning would support another run at the first major resistance level at $58.87, to bring $60 levels and the day’s second major resistance level at $60.29 into play, though for Litecoin to recover from the mid-week losses, a broad based market rally is going to be needed to break down resistance on the way through $59 levels.

Failure to hold on to $57 levels through the morning could see Litecoin pullback through $56.33 to bring $55 levels and the day’s first major support level at $54.91 into play in the event of another sell-off, while we would expect Litecoin to steer clear of sub-$54 levels barring another wave of negative news hitting the wires.

Ripple Bounces Back
Ripple’s XRP gained 7.55% on Thursday, partially offsetting Wednesday’s 15.49% slide, to end the day at $0.29987.

Wednesday’s sell-off continued into Thursday, with Ripple’s XRP falling to a start of a day intraday low $0.26698 before bouncing back to $0.28 levels within the first hour, the moves through the early part of the day leaving the major support and resistance levels untested.

After a choppy start to the day, a relatively range bound morning led to a second half of a day rally, with Ripple’s XRP moving back through to $0.30 levels with an intraday high $0.30507, before easing back to sub-$0.30 levels by the day’s end.

At the time of writing, Ripple’s XRP was down 0.73% to $0.29947, with a recovery from a start of a day morning low $0.29654 to a morning high $0.30419 short lived, resistance at $0.30 doing the damage early on.

For the day ahead, holding on to $0.29 levels would support a move back through to $0.30 levels, though for Ripple’s XRP to make a run at $0.31 levels and the day’s first major resistance level at $0.3143, sentiment across the broader market will need to materially improve.

Failure to hold on to $0.29 levels through the morning could see Ripple’s XRP slide through $0.28 levels to bring the day’s first major support level ate $0.2762 into play, any broad based market sell-off likely to see Ripple’s XRP test sub-$0.27 support levels before any recovery.

SOURCE : https://www.investing.com/news/cryptocurrency-news

News related to Crypto / Half of American Millennials Interested in Using Crypto

« on: September 07, 2018, 07:16:31 AM »

A recent survey by research service YouGov Omnibus shows that half of American millennials are interested in using cryptocurrency.

The survey, which collected answers from 1202 respondents from August 29-30, assesses the interest of respondents in using crypto in everyday life:

“Of the people who believe that cryptocurrencies will become widely accepted, over one-third (36%) say they would be interested in converting to primarily using a cryptocurrency rather than the U.S. dollar. However, a majority (57%) say they would not be interested in converting away from the U.S. dollar. Millennials are almost equally split between being interested (48%) and not interested (50%).”

According to the poll, 79 percent of Americans know of at least one cryptocurrency, where Bitcoin (BTC) appeared to be the most well-known. The leading crypto is familiar to 71 percent of respondents. BTC is followed by the leading altcoin Ethereum (ETH), with 13 percent of participants saying they have heard of it.

87 percent of those who have heard about Bitcoin have never interacted with it, while 49 percent of respondents claimed that they were glad they had not purchased the leading crypto earlier and do not plan to. 15 percent wished that they had bought Bitcoin earlier, and believe it is currently too late to buy it.

Of all the participants in the survey, 34 percent do not think that crypto will become widely accepted, while millennials demonstrated the most positive approach to cryptocurrencies, with 44 percent of them predicting wider adoption. The authors of the survey state that skepticism toward crypto adoption may be linked to the potential use of crypto for illegal purposes.

In June, Research company Ipsos on behalf of ING Bank B.V. conducted a study which revealed that interest in crypto is expected to double in the future. The survey involved respondents from 15 countries, polling 1,000 in each.

Per the survey, only 9 percent of respondents own crypto, while 25 percent said they will own some in the future. 66 percent of Europeans have heard of cryptocurrency, 35 percent agreed that crypto is the “future of spending online,” while 35 percent said it will increase in value in the following 12 months.

source : https://cointelegraph.com/news/survey-half-of-american-millennials-interested-in-using-crypto

News related to Crypto / Crypto Prices Rebound After Global Sell-Off

« on: September 07, 2018, 07:14:08 AM »

Investing.com - Bitcoin and other major cryptocurrency prices rebounded on Friday following a global sell-off amid a report that Goldman Sachs (NYSE:GS) is reconsidering it plans to set up a crypto trading desk, as it still sees the regulatory environment as ambiguous.

BitfinexUSD inched up 0.4% to $6,482.6 at 12:35AM ET (04:35 GMT) on the Bitifinex exchange, while Ethereum gained 0.1% to $229.1.  

Meanwhile, XRP traded at $0.29881, up 4.4% in the last 24 hours on the Poloniex exchange, while Litecoin also gained 2.9% to $57.526. 

Major crypto prices were down about 15-25% on Thursday as traders were concerned that the adoption of cryptocurrencies by large institutions may still be some way off.

Citing people familiar with the matter, Business Insider reported that the plan for a crypto trading desk is no longer on its priority list. Instead, the banking giant is now considering other digital-coin services, such as a custody product.

“In response to client interest in various digital products we are exploring how best to serve them in this space,” a spokesman for Goldman Sachs said. “At this point we have not reached a conclusion on the scope of our digital asset offering.”

As alternative currencies have risen in popularity, many Wall Street companies are looking for ways to get into the burgeoning field. But with Bitcoin down almost 70% since its peak of nearly $20,000 in December, that interest is dying down.

In other news, the price of Bitcoin in Iran hit a record high of $24,000 on the Iranian exchange EXIR following news that the Iranian government has agreed to recognize the mining of digital coins as an industry. The Central Bank of Iran is expected to draft a policy framework for cryptocurrencies in the next two weeks. The government hopes the potential use of alternative coins will help smooth trade between Tehran and its partners in the wake of renewed U.S. sanctions.

source: https://www.investing.com/news/cryptocurrency-news

Off topic / Time machine

« on: September 06, 2018, 08:50:42 AM »

Kung may chance na bigyan ka ng gadget na may time machine.Ano ang una mong bababalikan...

Balita Cryptocurrency / Japan’s National Police Agency Develops Software to Track Crypto Transactions JP

« on: September 01, 2018, 10:31:39 AM »

Karamihan sa mga cryptocurrency ay ganap na malinaw sa pamamagitan ng kalikasan. Ginagawa nitong mas madali ang pagsubaybay sa daloy ng pera at kilalanin ang mga gumagamit. Ang pagbibigay-kahulugan sa impormasyong ito sa isang maginhawang paraan ay mangangailangan ng tamang mga kasangkapan upang maisagawa. Sa Japan, isang bagong software para sa tiyak na layunin na ito ay ipakilala sa ilang sandali.

Pagsubaybay ng Cryptocurrency Sa buong Japan
Nakuha ng Bitcoin ang legal na kalagayan sa Japan nang mas maaga sa taong ito. Sa kabila ng positibong pag-unlad na ito, ang industriya ng cryptocurrency ay nananatiling napapansin. Nais ng mga opisyal ng pamahalaan na tiyakin na walang ipinagbabawal na aktibidad ang nagaganap kapag gumagamit ng Bitcoin o iba pang katulad na mga digital na pera. Upang gawin ito, nilalayon nilang subaybayan ang daloy ng pera ng lahat ng karaniwang mga cryptocurrency na ginagamit sa Japan ngayon.

Upang makatulong sa gawaing ito, isang bagong kasangkapan ang ipakikilala ng Japanese National Agency ng Pulisya. Ang tool na ito ay magpapahintulot para sa pagsubaybay ng lahat ng mga transaksyong cryptocurrency ng kasalukuyan at nakaraan. Hindi tulad ng ibang mga tool na ginagamit ng mga kumpanya tulad ng Chainalysis, kahit na ang mga teknikal na specifics mananatiling hindi maliwanag sa stage na ito. Ayon sa mga lokal na pinagmumulan , tinulungan ng isang walang pangalan na pribadong kumpanya ang BHB sa pagdadala ng software na ito sa buhay.

Isang kagiliw-giliw na aspeto ng tool na ito ang pagkakasangkot nito sa pag-uugali ng cryptocurrency exchange. Ang mga opisyal ay tiwala na ang software na ito ay maaaring makilala kung aling palitan ang ginagamit upang bumili, magbenta, o mag-trade ng mga cryptocurrency. Na ginagawang mas madaling makilala ang mga indibidwal na user na naka-link sa mga partikular na transaksyon sa network. Ito ay isa pang hakbang patungo sa karagdagang legitimizing Bitcoin sa Japan.

Ang Paglabas ng Pagsusuri sa Blockchain
Ang pinakabagong pagsisikap na ito sa Japan ay nagpapakita ng mga solusyon ng blockchain analysis ay nasa mataas na demand. Sa Western world, ang mga kumpanya tulad ng Chainalysis ay gumagawa ng malaking epekto sa katulad na mga tool. Ang mga serbisyo nito ay ginagamit ng maraming ahensya ng gobyerno na nakabase sa US. Kabilang sa mga kliyente nito ang mga ahensya tulad ng IRS, DEA, at iba pa.

Sa pamamagitan ng pagkuha ng hakbang na ito, ang Japan ay nagpoposisyon sa sarili bilang lider para sa paglago ng cryptocurrency. Dahil sa positibong regulasyon nito at ang pagnanais na mapuksa ang ipinagbabawal na aktibidad sa isang positibong paraan, ang tono ay nakatakda para sa ibang mga bansa na sundin. Ang pagtatasa ng mga transaksyon at pag-uulat sa kahina-hinalang aktibidad ay maglalaro ng mahalagang papel sa prosesong iyon.

Ang balita na ito ay dumating sa isang naaangkop na oras para sa industriya ng cryptocurrency ng Japan. Hindi masyadong matagal na ang nakalipas, kinumpirma ng FSA na kailangan ng lahat ng palitan ng crypto upang palakihin ang kanilang laro upang magbigay ng tamang serbisyo. Ito ay isa pang hakbang patungo sa pagtataas ng cryptocurrency mula sa mga anino at sa mainstream na lipunan. Ang mga patnubay na ito ay makatutulong na magtatag ng isang mas mapagkumpitensiyang ecosystem na makikinabang sa lahat.

Balita Cryptocurrency / Sa Venezuela, ang Petro ay isang Walang-Ipakita JEFFREY FRANCIS

« on: September 01, 2018, 10:28:49 AM »

Ang mga sosyalistang patakaran ng Pangulong Venezuelan na si Nicolás Maduro ay patuloy na nagpapahamak sa ekonomiya ng bansa. Isang makataong krisis ang lumitaw bilang malaking bilang ng mga gutom na mamamayan na nagsisikap na tumakas sa bansa. Ang Cryptocurrency ay napatunayan na maging isang lifeline dahil ang fiat currency ng bansa ay walang kabuluhan. Para mapaglabanan ang mga parusa ng US, ang gobyerno ng Venezuelan ay lumikha ng Petro, isang cryptocurrency na nakatali sa mga mayaman sa langis ng bansa. Gayunman, natagpuan ng Reuters ang maliit na katibayan ng virtual na pera na umiiral pagkatapos gumagasta ng maraming oras na naglalakbay sa buong bansa ng South American at nakikipag-usap sa isang magkakaibang pangkat ng mga tao.

Petro, ang Tagapagligtas ng Venezuela
Maduro at iba pang mga opisyal ng pamahalaan ay mabigat na nagtataguyod ng Petro. Bumalik noong Hulyo, ipinahayag ng gobyerno na ginagamit nila ang cryptocurrency upang makatulong na pondohan ang gusali ng bahay . Sinabi ni Ildemaro Villarroel, Ministro ng Habitat at Pabahay, na ang 33 kumpanya ay nasa proseso ng paggamit ng cryptocurrency, na nagsasabi:

Kasama ang mga gobernador sinusuri namin ang mga plano na magsisimula kami sa ikalawang isang-kapat. Sa ikalawang bahagi ng [Great Housing Mission Venezuela] ay magkakaroon ng iniksiyon ng mga mapagkukunang pinansyal, na protektado at itatag sa taong ito kasama ang Petro.

Pagkatapos, mga ilang araw lamang ang nakalipas, itinakda ni Maduro na kailangang ipatupad ng mga pampubliko at pribadong bangko ang Petro bilang isang yunit ng account. Sinundan ito sa mga takong ng presidente na nagli-link sa cryptocurrency sa rate ng palitan para sa bolivar (na kamakailan ay may maraming mga zero na na-hack mula sa halaga nito), pati na rin ang mga suweldo at pensiyon.

Sa pangkalahatan, ang Petro ay nilikha upang tulungan ang bansa mula sa kasuklam-suklam na sitwasyong pang-ekonomya at makatulong na labanan ang laganap na hyperinflation ng bansa. Ngunit ang isang bagay ay mali kapag ito ay dumating sa oil-back cryptocurrency.

Nasaan ang Petro?
Reuters kamakailan-publish ng isang kapansin - pansin na artikulo kung saan ang mga organisasyon ng balita tinangka upang subaybayan ang cryptocurrency. Ano ang kamangha-manghang ay lumilitaw na ang Petro ay wala na talagang matatagpuan.

Ang organisasyon ng balita ay naglakbay sa rehiyon na siyang pinagmumulan ng langis na ginagamit upang ibalik ang Petro. Ang natuklasan nito ay walang mahalagang produksyon ng langis na nagaganap, at ang imprastraktura na kailangan upang makuha ang langis ay taon at bilyun-bilyong dolyar ang layo mula sa pagiging magagawa ito.

Maduro touted ang bilyun-bilyong dolyar na ipinasok ng ICO ng Petro, ngunit natagpuan ng Reuters na may kaunting impormasyon upang malaman kung ang anumang pera ay nakataas sa lahat. Ang co-founder at chief data officer ng Elliptic, isang blockchain company na nakabase sa London, si Tom Robinson, ay nagsabi:

Ito ay tiyak na hindi tulad ng isang karaniwang ICO, na ibinigay sa mababang antas ng aktibidad sa transaksyon. Wala kaming natagpuang katibayan na sinuman na binigyan ng isang petro, o hindi ito aktibong kinakalakal sa anumang palitan.
Pagkatapos ay may ang katunayan na ang Petro ay hindi kinakalakal sa anumang malaking cryptocurrency exchange, sa kabila ng katotohanang sinabi ni Pangulong Maduro na ang 16 palitan ay sertipikado at na "nagsisimula sila sa pagpapatakbo ng ngayon." Ang pinangalanang palitan ay ang lahat ng maliliit na nakabatay sa ang rehiyon. Gayunpaman, hindi mahanap ng Reuters ang 7 ng palitan dahil sa ang katunayan na wala silang presensya sa internet. Ang isa pang 7 palitan ay tumanggi sa anumang komento. Ang Onlyecordecure, na nakabase sa Indya , ay nagsasabing ito ay nagplano ng pag-set up ng isang exchange para sa pamahalaan ng Venezuela upang ipagpalit ang Petro, ngunit ang nasabing sitwasyon ay ilang buwan pa lamang ang layo.

Sa wakas, may ahensya na nangangasiwa sa Petro, ang Superintendence ng Cryptoassets. Ang website para sa ahensiya ay hindi gumagana. Sinubukan ni Reuters na makipag-ugnay sa presidente ng ahensiya sa pamamagitan ng kanyang mga social media account, ngunit hindi siya tumugon. Pagkatapos ay sinubukan ng news outfit na bisitahin ang ahensiya sa pamamagitan ng pagbisita sa Ministri ng Pananalapi, ang departamento ng gobyerno na talagang nasa Superintendence of Cryptoassets. Gayunpaman, sinabi sa kanila na ang ahensya na nangangasiwa sa crypto ay "wala pang pisikal na presensya dito."

Sa pangkalahatan, maaaring ang Petro ay isang higanteng laro ng shell na ginawa ni Pangulong Maduro at ng pamahalaan ng Venezuela. Mula sa lahat ng mga account, ang oil-backed crypto ay isang mirage na walang anumang tunay na sangkap sa kasalukuyan. Ngunit ang paghihirap ay patuloy sa Venezuela. Ang Bloomberg Cafe Con Leche Index ay nag- ulat na ang presyo ng isang tasa ng kape ay bumangon mula sa 0.03 bolivars isang taon na ang nakararaan sa 25 bolivars ngayon (ito ay matapos ang 5 zeroes ay pinutol ang pera). Ito ay kumakatawan sa isang rate ng implasyon ng 89,186 porsiyento sa nakaraang taon.

Balita Cryptocurrency / Crypto Job Interest Tied to Price

« on: September 01, 2018, 10:23:46 AM »

Ayon sa CNBC , gayunpaman, ang interes na ito, sa industriyang crypto, ay nakatali sa aktibidad ng presyo . Talaga, ang mas mahusay na Bitcoin ay ginagawa, mas maraming mga tao ang nais na maging isang bahagi ng merkado. Ang ganitong uri ng pag-iisip ay nagpapahiwatig din sa interes ng trabaho. Si Julian Hosp, na co-founder ng TenX, ay nagpaliwanag:

Kung ang crypto ay mahusay na ginagawa, kung ang mga tao ay kumikita ng pera sa crypto, makakakuha tayo ng malaking papasok mula sa mga tao dahil sa pakiramdam nila, 'Kailangan kong lumipat sa ganitong alon. At pagkatapos ay kapag nakita mo ang crypto na bumaba - at nakita namin ito sa pinakadulo simula [ng taong ito] at nakikita namin ito ngayon - pagkatapos namin makita na kaagad ang pangangailangan ng mga tao, tulad nila, 'O hindi, ito ay isang namamatay na industriya, hindi ako dapat pumunta doon. ' Kaya ganap na emosyonal ito.

Asia Keen on Crypto and Blockchain
Ang Asya ay nagpapakita ng matindi at lumalagong interes sa industriya bagaman. Si Robert Walters, isang kumpanyang nakarehistro sa UK, na nakikita ang isang 50% na pagtaas sa mga pag-post ng trabaho na may kaugnayan sa crypto at blockchain sa Asia mula noong nakaraang taon. Habang ang mga platform ng industriya tulad ng Binance ay nagpo-post, mas tradisyunal na mga kumpanya tulad ng IBM ay naghahanap din para sa mga empleyado na may ganitong kasanayan set.

Habang ang parehong interes na ito ay nagmumula sa mga naghahanap ng trabaho mismo, bagaman mas mataas para sa mga papel na ginagampanan ng blockchain, sinabi ng Hosp na ang mga matagumpay na kandidato ay higit sa lahat ay nagmula sa labas ng industriya ng crypto:

Hindi namin kailanman inuupahan mula sa loob ng crypto dahil ang karamihan sa mga tao sa loob ng crypto ay walang gaanong karanasan. Mayroon kang napaka, napakakaunting mga tao na nakaranas na pumasok sa industriya ng crypto.

Dahil ang mga handog sa trabaho na may kaugnayan sa Bitcoin ay tila may kaugnayan sa presyo, ang interes ay medyo nawala mula noong Disyembre ng nakaraang taon. Ang isang tagapagsalita para sa search engine ng trabaho, katunayan, ay nagsabi na ang tapat ay totoo para sa blockchain technology:

The situation in Asia seems to mirror the US in that Bitcoin trends are much more volatile (and related to price volatility) and resulting media coverage while blockchain and cryptocurrency searches have seen a more consistent upwards trajectory.

Ang interes ay hindi lamang para sa mga bagong naghahanap ng trabaho, kundi pati na rin para sa mga umiiral na kumpanya na nais na palaguin ang kanilang pag-abot o para sa mga start-up na naghahanap ng mga mabubuting solusyon para sa pagpapalaki ng kapital.

Bagama't walang tiyak na pag-ibig na nawala sa pagitan ng crypto at China, ang bansa ay aktibo sa paggalugad at pagpapatupad ng blockchain, lalo na ang mga patent registration. Naniniwala si Wayne Zhu na ang mga mahigpit na regulasyon ng China sa mga inisyal na pampublikong handog ay may sapilitang mga kumpanya upang tumingin sa nakakagambala sa industriya para sa mga sagot. Ang kasosyo sa founder ng NEO Global Capital ay nagsabi:

Ito ang mabigat na suliranin ng merkado ng kapital dito na humahantong sa higit pa at mas maraming mga tao na nais na subukan ang isang bagay sa espasyo crypto. Mayroon kang mas mahirap na oras na sinusubukang i-close ang mga deal at kumita ng pera sa kabisera ng merkado para sa huling ilang taon, na naging sanhi ng mga tao na mag-isip tungkol sa, 'Saan (maaari ko) talagang isara ang mga deal, (kung saan maaari ako) pera, upang makakuha ng pagkatubig at ang pera na kailangan nila upang palaguin ang kanilang negosyo? '

News related to Crypto / Bitcoin Prices Drop as China Extends Ban on Crypto

« on: August 30, 2018, 09:00:00 AM »

Investing.com - Bitcoin and other major digital coins prices dropped on Thursday as China extended its ban on the cryptocurrency industry to Guangzhou, where commercial venues were banned from hosting crypto-related events.

Bitcoin edged down by 0.34% to $7,012.8 at 12:55AM ET (04:55 GMT) on the Bitifinex exchange.

Ethereum fell by 2.15% to a trading price of $286.08 on the Bitifinex exchange.

XRP traded at $0.34019, down by 1.4% in the last 24 hours on the Poloniex exchange, while Litecoin went down 2.31% to $60.86 on the Bitifinex exchange.

The Chinese government continued the crackdown on digital assets by banning all crypto-promotion activities in Guangzhou. The news came after China-based multinational technology giant Baidu was told to shut down crypto-related online chat rooms earlier this week.

According to a statement by the Guangzhou Development District, the ban was the regulator’s latest attempt to protect the financial interests of the public, as the Chinese government remain determined to ensure the legal status of the yuan, prevent money laundering and maintain the stability of the financial system.

Beijing has started the clampdown on the crypto industry since last September, including banning hotels in Beijing from holding crypto events. Major social media platform WeChat blocked several crypto and blockchain-related accounts in August, while internet giant Tencent announced it no longer allowed crypto trading on its platform. E-commerce firm Alibaba (NYSE:BABA) also said it would restrict or ban accounts that engage in crypto trading.

In other news, reports said Russia regulators are considering to categorize unauthorized cryptocurrency ventures as criminal activities. Earlier this year, President Vladimir Putin said that the central bank would not accept any digital coin offering that is not supported by a fiat currency.

BBC reported that the Russian Federal Financial Monitoring Service is looking to track cryptocurrency transactions, especially in Bitcoin, in view of fraud schemes, money laundering and terrorism funding.

“Due to anonymity and the inability to find correct sources of transactions, cryptocurrencies are used in gray areas…Lawmakers in many countries are concerned about this phenomenon which was confirmed by the analysis that we conducted on behalf of the president,” Putin’s former adviser German Klimenko told BBC.

News related to Crypto / Malaysian Investors Remain Bullish on Crypto’s Long-Term Potential

« on: August 30, 2018, 08:52:19 AM »

The prolonged bear market might have prompted investors in other parts of the world to cut their losses and sell some of their digital assets. However, the climate is very different in Malaysia, where crypto buyers still outnumber sellers.

Malaysians Are Net Crypto Buyers
The current prices of cryptocurrencies might just be a fraction of their December all-time highs, but that has not dampened the optimism of Malaysian crypto investors. Surprisingly, buyers continue to outnumber sellers in the Malaysian cryptocurrency market, according to a report by Malaysian publication The Sun Daily.

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This was revealed by Coinhako cofounder Yusho Liu, who said:

“The buy side is still very robust. Generally, there have been more buyers than sellers over the years. The more people know about it, the more they will be interested in buying into the future.”

Liu also said that contrary to expectations, there has been an increased participation by mainstream traders these past nine months. Apparently, Malaysian crypto investors remain bullish and are generally taking a long-term approach when it comes to crypto investing. According to Liu:

“Most of the people buy and hold. I don’t see many people buying and selling day in, day out … The volume has declined, but it has started to pick up again. In the long run, we’re still bullish (on cryptocurrencies).”

Coinhako’s Expansion Plans
Similarly, Singapore-based Coinhako remains bullish on Malaysia’s cryptocurrency market. Since the firm entered the country in 2016, it saw a massive rise in its business portfolio in such a short period of time. Its Malaysian customer base ballooned to more than 100,000, while its transaction volume rose to S$250 million. In fact, its Malaysian division now accounts for 20 percent of the company’s transaction value.

But Coinhako is not stopping with just Malaysia. The company already revealed plans to expand to other Malaysian markets such as Indonesia and Vietnam.

News related to Crypto / Crypto Prices Rise; Iran Reveals Details of National Cryptocurrency

« on: August 28, 2018, 10:01:36 AM »

Investing.com - Cryptocurrency prices rose on Tuesday as Iran revealed details of its national cryptocurrency in response to the U.S. economic sanctions.

Bitcoin rose 3.2% to $6898.9 at 12:53AM ET (04:53GMT) on the Bitifinex exchange.

Ethereum was trading at $284.27, up by 3.7% on the Bitifinex exchange.

XRP traded at $0.33970, up by 5.07% in the last 24 hours on the Poloniex exchange, while Litecoin climbed 6.23% to $60.305 on the Bitifinex exchange.

Iran’s central bank-affiliated body, the Informatics Services Corporations (ISC), revealed that the country’s upcoming cryptocurrency will be backed by Rial. It is developed on the Linux Foundation-led open-source Hyperledger Fabric technology. The digital currency cannot be mined as it has been developed under private blockchain infrastructure, and that the issuer is Central bank of Iran and the volume of issuance depends on the bank's decision, according to the ISC.

“The infrastructure is supposed to be as an ecosystem available for Iranian banks and active companies in cryptocurrencies area after being tested and reviewed,” said IBENA.

In other news, three of the world’s largest bitcoin mining equipment manufacturers, Bitmain, Canaan Inc and Ebang International Holdings, are planning to raise billions of dollars with IPOs in Hong Kong. These three companies design high-end computer chips for mining cryptocurrencies and sell mining equipment with chips.

“The marked decline in the price of bitcoin since the start of the year is likely to weigh on investors’ interest in these companies. The fall in the price of bitcoin from its peaks has not been matched by an equivalent fall in the numbers of people mining it,” said Benjamin Quinlan, chief executive of financial services consultancy Quinlan & Associates.

SOURCE : https://www.investing.com/news/cryptocurrency-news/crypto-prices-rise-iran-reveals-details-of-national-cryptocurrency-1588775