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Bitcoin Forum / PR: Bitcoin Depot Launches 20 Crypto ATMs in Southern California

« on: September 06, 2018, 03:03:16 AM »

PR: Bitcoin Depot Launches 20 Crypto ATMs in Southern California

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.

As the Bitcoin ATM revolution continues to change markets, industries, and the masses’ relationship with digital currency, one company has established itself as a vital component to cryptocurrency adoption; that company is Bitcoin Depot. Cash is no longer king, as crypto-ATMs are looking to convert physical fiat into decentralized cryptocurrency, money that puts the power into the hands of the people rather than institutions.

This year Bitcoin Depot has already doubled their record from 2017. Bitcoin Depot recently reached the 160 ATM mark with an install rate of over 7 ATMs per month. That number is expected to reach 200 by the end of the year as more and more ATMs are installed in new markets. It is not unrealistic to predict that by 2020 Bitcoin Depot will have over 1,000 BTMs Worldwide.

California, which currently has 436 ATMs, is the number 1 destination for bitcoin ATMs. The market is so attractive that Bitcoin Depot added 20 crypto ATMs in southern California in only a month. Based in Atlanta, Bitcoin Depot has over 150 ATMs making it one of the largest bitcoin ATM companies in the world. With over 50 ATMs in Atlanta alone, the company saw a need to take over the California market. “California has always been the frontrunner of technological adoption,” commented Brandon Mintz, president of Bitcoin Depot, “we realized that we had to move into the LA and San Diego markets as quickly as possible”. The company is serious about the expansion as they placed 17 ATMs in the Los Angeles, including Anaheim, Oxnard, and Pasadena as well as 3 ATMs in the San Diego area in the month of July alone.

Bitcoin Depot, which began operations in 2016, has experienced quick growth as it has more than doubled the number of bitcoin ATMs in the past year and added 3 new cryptocurrencies. The company has also installed more bitcoin ATMs in the bear market than it did when bitcoin was at an all time high. Many people in the community believe that bear markets are good for industries as it brings regulations and dispels the buyers that are looking to get quick rich. It allows for the building of infrastructure in an industry to prepare it for bigger userbases and heavier traffic.

Bitcoin Depot strongly believes cryptocurrency ATMs play a vital role in crypto-adoption. One of the more overlooked demographics are those without access to a bank account. Bitcoin ATMs provide the benefits of cryptocurrency that the underbanked demographic would not have access to, such as having a place to store wealth as well as an easy money transfer solution. With an average of 350 ATMs installed each month, it’s not far fetched to believe that in less than a decade we could see an ATM in half of all the gas stations in America.

Watch a Demo of a Bitcoin Depot ATM via BCH Association.

this is the source: https://news.bitcoin.com/pr-bitcoin-depot-launches-20-crypto-atms-in-southern-california/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications

Bitcoin Cash Forum / Six New Bitcoin Cash Point-of-Sale Solutions for Merchants

« on: September 05, 2018, 03:31:45 AM »

Six New Bitcoin Cash Point-of-Sale Solutions for Merchants

These days it is easier than ever for online merchants and brick and mortar shops to accept bitcoin cash. Today we’re going to introduce six BCH point-of-sale solutions that provide businesses worldwide with the ability to utilize this innovative technology.

Also Read: New Information Heightens Satoshi Nakamoto Mystery

Point-of-Sale Solutions for Merchants Who Want to Accept Bitcoin Cash Today
More people are starting to use the decentralized cryptocurrency bitcoin cash (BCH) for spending because network fees (the cost to send a transaction) are consistently less than a third of a US penny. This encourages merchants to accept BCH because they understand people are willing to use the digital asset, not only as a store of value against fiat, but as a reliable medium of exchange. For instance, on September 1 the BCH network processed more than 2.2M transactions in a community-led stress test and the median cost per transaction (tx) was about 0.001. Market participants willing to spend their cryptocurrency by using the utility BCH offers, gives an online business or mom-n-pop shop a whole new type of clientele.

Bitpay

Last April the firm Bitpay announced that bitcoin cash support would be added to the firm’s point-of-sale platform. Now BCH can be used by any merchant worldwide with Bitpay’s system and just recently the firm revealed BCH settlement has been added. So with Bitpay’s merchant services not only can users can accept bitcoin cash and get 100% settlement in BCH, they also choose to receive settlement with a variety of local fiat currencies as well. In fact, Bitpay merchants can allocate how much settlement they want in BCH and how much they want in fiat, which gives the merchant the ability to avoid cryptocurrency price fluctuations.

This is the source: https://news.bitcoin.com/six-bitcoin-cash-point-of-sale-solutions-for-merchants/

News related to Crypto / Iran Officially Recognizes Cryptocurrency Mining

« on: September 05, 2018, 03:27:50 AM »

As economic sanctions start to bite, Iran is now looking to cryptocurrencies to ease the damage. The world’s third-largest oil-producer seeks to follow in the footsteps of Venezuela, which has issued an oil-backed digital currency called the Petro. But can Iran succeed where Venezuela is ostensibly faltering?

Also read: As Zimbabweans Struggle for Cash, Even the Country’s Only Bitcoin ATM Has Run Dry

Iran to Start Mining Cryptocurrencies in Three Weeks
Iran has agreed to officially recognize the mining of cryptocurrencies as an industry and the Central Bank of Iran, which oversees foreign exchange and monetary policy, will draft a policy framework for the industry in the next 18 days.

The Secretary of Iran’s Supreme Council of Cyberspace, Abolhassan Firouzabadi, told IBENA – a specialized news agency in banking and economy which is affiliated to the Central Bank of Iran – that deepening the use of cryptocurrencies is envisaged to smoothen trade between Tehran and its partners, especially in the wake of renewed US sanctions.

According to IBENA, Firouzabadi stressed that mining of cryptocurrencies like bitcoin had “been accepted as an industry in the government and all related organisations..” These include the government’s Ministry of Communications and Information Technology, Central Bank, Ministry of Industry, Mining and Trade, Ministry of Energy, as well and Ministry of Economic Affairs and Finance.

“But the final policy for legislating it (crypto mining) hasn’t been declared yet,” said IBENA.

Could Digital Currencies be Used Against Sanctions?
Washington, which recently decided to walk away from the nuclear deal that was signed by the Obama administration, imposed new sanctions that are designed to cut oil sales from Iran, the economy’s lifeblood.

Iran is the world’s third-largest oil producer within OPEC after Saudi Arabia and Iraq. However, the Middle East country hopes to leverage on cryptocurrencies to compensate for the expected squeeze in petrodollars.

Iran will not be the first country to try and use cryptocurrencies to deflate the effect of economic sanctions. Venezuela in February issued a digital currency of its own called the petro, which is claimed to be backed by oil. But the petro appears to have run into trouble. Recent media reports suggest that the currency has found no takers, and the oil that was meant to back it up on a one to one basis with each barrel just isn’t there. The US has responded by banning its citizens from investing in the petro.

Do you think Iran will succeed in its plans? Let us know what you think in the comments section below.

Images courtesy of Shutterstock.

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this is the source: https://news.bitcoin.com/iran-officially-recognizes-cryptocurrency-mining/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications

Articles about Cryptocurrency / Russians Design а ‘Beautiful’ Mining Rig

« on: September 04, 2018, 04:35:08 AM »

Russians Design а ‘Beautiful’ Mining Rig

A Russian design studio has developed a “beautiful” cryptocurrency mining rig. The fashionable “Freer” is a modular, customizable home mining device. It comes in different colors, displays and sets of ports, depending on the requirements of the client. Meanwhile, members of the Russian crypto community have urged the government to classify individual miners as self-employed which could lower their taxes from 13% to 3%.

Form Meets Function in the “Freer” Miner

You have to admit, mining rigs are not the best-looking pieces of engineering. That’s okay when talking about industrial-grade hardware; racks upon racks of ASICs in some former factory in Russia, China, or America. But domestic devices, homemade or purchased, are not aesthetically pleasing. They are often just a skeleton frame, with half a dozen video cards, cables and fans, and, if you are lucky, you’ll get all that in an ugly square box with the fans visible on the outside. Whatever the case, it’s not something you would want to see in your living room.

A Russian design studio has decided to remedy that. They’ve recently launched their first “beautiful” miner, an aesthetically pleasing home mining device that is modular and customizable. It offers a number of ports on the back, a choice of displays on the front showing the mined coins, and it comes in different color schemes. The designers have described their creation in a poem published on their website lauding its curved shapes, extraordinary beauty and discreetly hidden cooling system: “More fashionable than an iPhone, the new geek’s dream.”

The prototype, called “Freer”, comes as a shell and manufacturers are free to place their own mining hardware inside the box. Art Lebedev, the studio run by famous Russian designer, entrepreneur, and blogger Artemy Lebedev, has not wasted time on the engineering side but has focused primarily on the design aspect of the project. The company did not reveal details about the client who ordered its first artistic mining rigs but published some of the sketches drawn during the development of the final concept

Lower Taxes for Miners Proposed in Russia
The fashionable mining rig has been announced at a moment when the Russian crypto community, not least miners, is eagerly awaiting the final decision of authorities in Moscow regarding the legalization and regulation of crypto-related activities such as cryptocurrency mining. Three bills dealing with the matter were voted on first reading this spring with their final adoption expected during the fall session of the State Duma, the lower house of Russia’s parliament.

The new legislation should regulate various aspects of the crypto industry including the circulation and exchange of cryptocurrencies with rubles and foreign fiat. The taxation of crypto incomes and profits is one of the outstanding issues. Currently, revenues from crypto mining are subject to the Russian flat income tax rate of 13%. Different ideas have been discussed with the latest one coming from the Russian Association of Cryptocurrencies and Blockchain (RACIB) and one of its members.

A company called Crypto Universe as well as RACIB has proposed to Finance Minister Anton Siluanov to allow private individuals dealing with mining to register as self-employed persons. This would lower their taxes to only 3-5%. According to Crypto Universe, there are more than 350,000 individual miners in the Russian Federation. Due to the lack of an adequate regulatory framework, many of them operate unofficially and cash out their minted coins illegally. As a result, the state treasury loses an estimated 2 billion rubles (almost $30 million) in uncollected tax annually.

What do you think about the latest mining news from Russia? Share your thoughts in the comments section below.

Images courtesy of Shutterstock, Art Lebedev.

this is the source: https://news.bitcoin.com/russians-design-%D0%B0-beautiful-mining-rig/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications

News related to Crypto / Two Exchanges Publish Contingency Plans for November BCH Fork

« on: September 04, 2018, 03:43:28 AM »

This weekend two exchanges have released details on how they will handle the November 15 Bitcoin Cash (BCH) hard fork if there happens to be a blockchain split. The exchange Coinex and the trading platform Bitasiaex have informed their customers how they intend to deal with the upcoming consensus changes.

Also Read: New Satoshi Challenger Tells All — But Is He Legit?

Exchanges Begin to Announce Fork Plans
Two exchanges have announced their plans concerning the Bitcoin Cash (BCH) fork planned for November 15. Over the past few weeks BCH proponents, developers, and miners have been discussing the fork coming up, but there’s been a disagreement over the changes. The Bitcoin ABC #DevelopmentTeam has a different hard fork plan than Nchain’s new client Bitcoin SV. Essentially if hash power decided to choose both versions there could be some incompatibilities and a blockchain split with no replay protection. However, some members of the community wholeheartedly believe there won’t be a split, some believe there will and one chain will die off rather quickly, and others think things could end up like the Ethereum network fork, which also had no replay protection but both chains remained.

Coinex: The First Exchange to Reveal Fork Contingency Plans

With all that’s happening and even though the fork is still about two and half months away, two exchanges have come forward with their plans for the fork — Bitasiaex, and Coinex. The first exchange Coinex is often one of the largest bitcoin cash exchanges by volume because it offers BCH trading pairs and was launched by the firm Viabtc. Coinex says Nchain has recently announced the client Bitcoin SV and the exchange considers it an “altered version” of the Bitcoin Cash protocol. Following this statement, the firm explains it will do a snapshot of all BCH assets held on the trading platform on November 15 and everyone will get a 1:1 ratio if there is a split.

“Bitcoin-SV (BSV) is the altered version of Bitcoin Cash protocols. BSV is likely to bring a potential fork of Bitcoin Cash by causing incompatibility with Bitcoin Cash network and therefore create a new cryptocurrency asset — Bitcoin-SV (Token: BSV),” the exchange states.

THIS IS THE SOURCE: https://news.bitcoin.com/two-exchanges-publish-contingency-plans-for-november-bch-fork/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications

Bitcoin News & Updates / In a Mixed Crypto Market, Bitcoin Inches Upward but Ethereum Remains Shy of $300

« on: September 04, 2018, 03:34:33 AM »

In a Mixed Crypto Market, Bitcoin Inches Upward but Ethereum Remains Shy of $300

Monday, September 3: crypto markets are mixed today, with scattered corrections on a minor scale, as Coin360 data shows.

Market visualization from Coin360

Bitcoin (BTC) is trading at around $7,255 at press time, down a fraction of a percent on the day to consolidate its freshly won gains, according to Cointelegraph’s Bitcoin Price Index.

Having reclaimed the $7,000 mark August 31, the top coin has been solidly rising to a yet higher price point, now pushing $7,300. Bitcoin is trading $525 higher than its value at the start of its weekly chart, bringing its 7-day gains to a strong 8.32 percent. On the month, Bitcoin is now also in the green, up 3.62 percent.

THIS IS THE SOURCE: https://cointelegraph.com/news/in-a-mixed-crypto-market-bitcoin-inches-upward-but-ethereum-remains-shy-of-300

News related to Crypto / Satis Predicts Market Cap of Cryptocurrencies Exceeds $1 Trillion in 2021

« on: September 03, 2018, 04:05:33 AM »

Satis Predicts Market Cap of Cryptocurrencies Exceeds $1 Trillion in 2021

Initial coin offering (ICO) advisory firm, Satis Group, has published a report detailing a number of predictions for the cryptocurrency industry – estimating that the total market capitalization of all combined virtual currency markets will reach nearly $3.6 trillion USD by 2028.

Also Read: August Markets Report: Heavy Selling Across Leading Crypto Markets

Satis Predicts $500 Billion Market Cap for Cryptoassets in 2019

In a report titled “Cryptoasset Market Coverage Initiation: Valuation,” Satis Group, a cryptocurrency advisory firm, has outlined a number of predictions for the coming future of the virtual currency markets.

The report asserts that more than 90 percent of “cryptoasset value will be derived from penetration of offshore deposits in the next decade,” anticipating that such will propel the market capitalization of all cryptocurrency markets, from nearly $236 billion today, to $3.57 trillion in 2028.

Satis Group predicts a total market capitalization of $509 billion for next year and estimates that the market cap will break above $1 trillion in 2021. The report also estimates that BTC will be trading at $32,914 during next year, $96,378 in five years time, and $143,900 in 2028.

THIS IS THE SOURCE: https://news.bitcoin.com/satis-predicts-market-cap-of-cryptocurrencies-exceeds-1-trillion-in-2021/

Bitcoin News & Updates / New Satoshi Challenger Tells All — But Is He Legit?

« on: September 03, 2018, 04:02:32 AM »

New Satoshi Challenger Tells All — But Is He Legit?

Just recently we reported on new information concerning the hunt for Satoshi Nakamoto. Following a summary of suspects, we ended the report with the first part of an interview with a man who believes he was a member of the Satoshi Nakamoto group. Unfortunately, Phil Wilson, the man who says he was an original Satoshi Nakamoto member, alongside Craig Wright and David Kleiman, has no verifiable proof because at the time he was afraid of a government crackdown. To continue where we left off during our last article, we chatted with Wilson to hear more of his story.

THIS IS THE SOURCE:https://news.bitcoin.com/new-satoshi-challenger-tells-all-but-is-he-legit/

News related to Crypto / Japan Introduces New Screening Requirements for Crypto Exchanges

« on: September 03, 2018, 04:00:13 AM »

Japan’s financial regulator has reportedly introduced new screening requirements for crypto exchanges seeking approval to operate in the country. The agency now extends its focus beyond the registrants’ financial health and system safety measures. Among additional criteria are the assessment of the companies’ decision-making process and their links to antisocial groups.

New Exchange Requirements
Japan’s top financial regulator, the Financial Services Agency (FSA), has “tightened its registration screening for cryptocurrency exchanges to see whether they are properly conducting risk management,” the Japan Times reported, quoting unnamed sources.

Specifically, the sources revealed on Saturday that the agency has “increased the number of questions asked when screening applications to about 400 items, up fourfold,” the news outlet conveyed. “Previously, the questions only covered such items as an applicant’s financial status and measures to ensure system safety.”

THIS IS THE SOURCE:
https://news.bitcoin.com/japan-screening-requirements-crypto-exchanges/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications

News related to Crypto / 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals

« on: September 01, 2018, 03:02:30 AM »

Japan’s top financial regulator has revealed exclusively to news.Bitcoin.com the number of crypto exchanges seeking to enter the Japanese market. The agency also confirms the number of existing exchanges that have exited the industry, leaving only three applications currently being reviewed.

Three Quasi-Operators Are Left
Cryptocurrency exchanges in Japan are licensed by the country’s top financial regulator, the Financial Services Agency (FSA).

The FSA has licensed 16 crypto exchanges so far. In addition, it has allowed 16 more companies, including Coincheck, to operate crypto exchanges while their applications are being reviewed. These companies are sometimes referred to as “quasi-operators” of crypto exchanges.
However, since the hack of Coincheck in January, the FSA has stepped up its oversight of crypto exchanges. It has issued many business improvement orders and temporary shut down some exchanges. With stricter rules to comply, a number of quasi-operators began to withdraw their applications and exit the industry.
An FSA representative told news.Bitcoin.com that, out of the original 16 quasi-operators:

This is the source: https://news.bitcoin.com/crypto-exchanges-japanese-market/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications

Bitcoin News & Updates / Bitcoin Hovers Near $7K, as Wider Market Tips Back Into the Green

« on: September 01, 2018, 02:58:56 AM »

Friday, August 30: following the mid-week’s strong upswing, the crypto markets subsequently saw widespread corrections, but most cryptocurrencies are today consolidating these higher lows. The vast majority of cryptos are in the green, as Coin360 data shows.

Bitcoin (BTC) is trading at around $6,925 at press time, up around 1 percent on the day, according to Cointelegraph’s Bitcoin price index.
Having broken through the $7,000 threshold earlier this week, the top coin began to dip August 29, trading as low as $6,827 by August 30.

this is the source: https://cointelegraph.com/news/bitcoin-hovers-nears-7k-as-wider-market-tips-back-into-the-green

Bitcoin News & Updates / Yahoo! Finance Rolls Out Bitcoin Core, Ethereum, Litecoin Trading

« on: August 31, 2018, 09:06:37 AM »

“The virus is spreading,” tweeted Morgan Creek Digital’s Founder & Partner Anthony Pompliano at the news Yahoo! Finance (YF) had integrated bitcoin core (BTC), ethereum (ETH), and litecoin (LTC) into their trading platform. He was one of many enthusiasts to insist the event was an important step in the quest for mass cryptocurrency adoption.

Yahoo! Finance Integrates Bitcoin Core, Ethereum, Litecoin Trading
“You can now buy Bitcoin, Ethereum, and Litecoin on Yahoo Finance,” Mr. Pompliano announced through his popular Twitter account. YF’s embrace of cryptocurrency has many in the ecosystem excited about future prospects for more mainstream adoption. That indeed could be the case, or it might also be a deep wish as fans of digital assets slog through a brutal bear market.

YF is, of course, a subdivision of Yahoo!, one of the original web portals in the net’s early days. YF has been around for over two decades, a go-to source of information about stocks and financials. Bitcoiners of a certain age will remember YF as a first glimpse into the power of net information and aggregation.

Why Litecoin Ahead of Others?
Nowadays, it is less viewed as innovator, and more as a melange, a giant salad of financial information through news, commentary, financial reports, assorted original content and a staple at conferences, along with the usual facilitation of press releases and housing of data. It is just as likely to be seen as a reliable source of financial reporting.

It was gobbled up last summer by Oath Inc, a subsidiary of Verizon. It now claims to be among the largest business news websites in the US. Hints of the broader company dabbling in crypto actually came a few months earlier, spring of this year, when its Japanese wing asserted it would purchase a healthy amount of crypto trading platform Bitarg Exchange Tokyo with hopes of launching its own exchange in the spring of 2019.

Though its platform does track other cryptocurrencies such as bitcoin cash (BCH), YF has not made them available for trade to the public as of yet (a curiosity, as both, say, ripple and bitcoin cash outrank litecoin, for example, in market capitalization). YF’s crypto data is derived from Crypto Compare.

WHAT DO YOU THINK?

THIS IS THE SOURCE:
https://news.bitcoin.com/yahoo-finance-rolls-out-bitcoin-core-ethereum-litecoin-trading/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications

Balita Cryptocurrency / Lalawigan ng Korea na Palitan ang Mga Lokal na Pera Gamit ang Crypto

« on: August 31, 2018, 04:25:01 AM »

Ang isang eastern South Korean na lalawigan ay nagnanais na maglabas ng sarili nitong cryptocurrency upang palitan ang mga lokal na pera ng siyam na lungsod nito, ayon sa lokal na media. Ang isang exchange ay itatatag para sa bagong crypto. Ang mga barya ay maaaring gamitin para sa mga pagbabayad sa loob ng lalawigan at ang mga merchant ay maaaring tanggapin ang mga ito gamit ang smartphone QR code.

Probinsiya ng Korea upang Isyu ang Sariling Crypto

Ang South Korean province ng Gyeongsangbuk-do ay nagsiwalat na ang pagsisikap na palitan ang mga lokal na pera na may isang cryptocurrency ay nagsimula, iniulat ng Joongang Daily sa linggong ito.

Kilala rin bilang Gyeongbuk, ang silangang lalawigan ng Timog Korea ay nagsisikap na palitan ang mga sertipiko ng regalo na ibinigay ng lungsod na may cryptocurrency. Sa kasalukuyan, siyam na mga lungsod ng Gyeongsangbuk-do ang magkahiwalay na nag-isyu ng kanilang sariling mga sertipiko ng regalo, na mga lokal na pera na maaaring magamit sa mga piling lugar ng lalawigan, ipinaliwanag ang publikasyon.

Ayon kay Naver, 60 munisipalidad sa buong bansa, kabilang ang siyam na lungsod sa Gyeongsangbuk-do, kasalukuyang gumagamit ng mga sertipiko ng regalo bilang mga lokal na pera na naglalayong revitalizing lokal na ekonomiya at pumipigil sa paglipad ng capital.

Ang Pohang, isa sa pinakamalaking lungsod sa lalawigan na may higit sa kalahating milyong mga naninirahan, ang pinakamalaking tagapagbigay ng bansa ng mga sertipikong ito ng regalo, ayon sa Kyongbuk daily newspaper. Noong Mayo, iniulat ng balita na ang lungsod ay nagbebenta ng 100 bilyong won (~ US $ 90 milyon) na halaga ng mga Pohang na sertipiko ng regalo mula Enero hanggang nakaraang taon.

Ayon sa Joongang Daily, inihayag ng Department of Science and Technology Policy ng probinsya noong Agosto 27:

News related to Crypto / Reserve Bank of India Anticipates Shift to P2P Crypto Trading

« on: August 30, 2018, 10:01:31 AM »

India’s central bank has released its latest annual report which includes a section dedicated to cryptocurrency. The Reserve Bank of India outlines the risks posed by crypto and emphasizes the need to monitor crypto development in anticipation that some trading may shift from exchanges to peer-to-peer (P2P) mode.

Risks to Monetary Policy
The Reserve Bank of India, the country’s central bank, published on Wednesday its 268-page annual report for 2017-18.
While asserting that “the cryptocurrency eco-system may affect the existing payment and settlement system which could, in turn, influence the transmission of monetary policy,” the central bank wrote:

Balita Cryptocurrency / Binance, Okex, Huobi at Upbit Kabilang sa mga mamumuhunan sa New Stablecoin, Ter

« on: August 30, 2018, 09:22:44 AM »

Gayunman, ang isa pang kuwaderno ay sumali sa arguably na masikip na ecosystem. Si Terra, bilang bagong tinatawag na fiat-pegged crypto, ay binibilang ang apat sa pinakamalaking palitan ng cryptocurrency sa mundo sa mga mamumuhunan nito, kabilang ang Binance, Okex, Huobi at Upbit.

Inanunsyo ni Terra ngayon na itinaas nito ang isang paunang $ 32 milyon sa round seeding na kasama ang Binance Labs, Okex, Huobi Capital, at Dunamu & Partners (ang investment firm ng operator ng Upbit). Bukod sa mga palitan, ang Polychain Capital, FBG Capital, Hashed, 1kx, Kenetic Capital, Arrington XRP Capital at Translink Capital ay nakilahok din sa seed round. Ang kapital ay sinadya para sa paglikha ng isang kuwadro na salapi na maaaring magamit bilang solusyon sa pagbabayad.

Ang mga takot tungkol sa pagiging maaasahan ng Tether (USDT) ay humantong sa isang torrent ng mga bagong stablecoins kamakailan, tulad ng Stronghold USD at Stasis EUR, at marami pa ang nasa daan. Sinisikap ni Terra na mag-ukit ng espasyo para sa sarili nito sa pamamagitan ng pagtuon sa pagsasama ng ecommerce. Ang co-founder nito, si Daniel Shin, ay ang tagapagtatag at Tagapangulo ng TMON, isang plataporma ng ecommerce mula sa South Korea. At labinlimang kumpanya, na may kabuuang $ 25 bilyon sa taunang dami ng transaksyon at 40 milyong mga customer (kabilang ang Woowa Brothers, Qoo10, Carousell, Pomelo, at TIKI), ay sumali sa Terra Alliance. Ang stablecoin ay sinasabing sinusuportahan ng Luna, isang asset na nagmumula sa halaga nito mula sa mga bayarin sa transaksyon na nakolekta sa network. "Tulad ng pag-ikot ng buwan sa pag-ikot ng lupa, si Luna ay walang hanggan tagapag-alaga ng katatagan ni Terra."

Mayroon bang Pangangailangan para sa Isa pang Stablecoin?

"Mula sa karanasan, alam ko na mas mabilis, mas ligtas na mga transaksyon sa isang bahagi ng mga bayad sa ngayon ay maaaring maging isang laro-changer para sa maraming platform ng ecommerce. Kami ay nasasabik na nakikipagtulungan sa mga mahuhusay na kasosyo at inaasahan ang beta-testing ng sistema ng pagbabayad ni Terra sa Q4 ng taong ito, "sabi ni Shin. "Gayunpaman, ang aming pananaw ay lampas sa pagpoposisyon kay Terra bilang isang pinagkakatiwalaang at secure na daluyan ng palitan para sa ecommerce. Ang potensyal na application ng Terra ay napakalawak, at hinuhulaan natin na ginagamit ito para sa lahat ng uri at anyo ng mga produktong pinansyal tulad ng mga pautang at seguro. "

"Habang nakikita natin ang maraming mga stablecoins na lumalabas, ang paglalakbay ni Terra ay lalong mahalaga habang nililinaw nila ang isa sa ilang mga protocol na matatag sa presyo na may umiiral, nagtatrabaho, at malakas na diskarte at paggamit ng go-to-market. Patuloy kaming impressed sa pamamagitan ng pamumuno ng mga tagapagtatag at taimtim na pangako sa negosyo, at nasasabik na suportahan ang koponan, "ayon kay Ella Zhang, Pinuno ng Binance Labs.