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Topics - JamalAmal99

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61
Hallo gan

Tadi saya dapat info, ada situs phising yang menyerupai https://indodax.com yaitu http://lndodax. com. Sekilas hampir sama tapi situs phising ini mengunakan huruf "L" dalam dalam penulisan linknya. Sedangkan indodax yang asli menggunakan huruf "i" pada awalan linknya.

Berikut ini screenshoot dari web phising Lndodax

Note: web ini tidak penggunakan https, tapi hanya "http" jadi ada logo "peringatan" di sisi kiri atas browser (crome/mozilla)

Ini screenshoot dari web resmi dari indodax

Note: ada logo "gembok" yang menandakan ini situs resmi, karena menggunakan "https".

Saya sangat menyarankan agan untuk berhati2 dari situs phising ini dan selalu memperhatikan link yang agan buka supaya tidak terjadi hal yang tidak diinginkan.

Sekedar saran dari saya, bookmark situs indodax.com agar terhindar dari situs phising.

62


Bancor Network Launches Native Wallet With Built-In Token ConversionNEWS
The Bancor Network (Bancor), a decentralized cryptocurrency exchange, is launching its native wallet with built-in automated token conversions, Bancor privately told Cointelegraph.

The wallet symbolizes the next step in the the company’s development of a liquidity solution aimed at making digital currencies operable by common users, including crypto amateurs. The company claims that users are now able to convert their virtual currencies directly from their wallets, without needing to match two parties in an exchange:
Quote
“The Bancor Protocol makes tokens always available for buying and selling directly from within the wallet, giving users continuous access to any Blockchain-based project, regardless of how frequently its token is traded on exchanges.”
According to Bancor’s statement, over 100 Blockchain apps with their own cryptocurrencies have already announced integration with the Bancor Network, including such popular tokens as ETH, EOS and DAI. Bancor reportedly neither holds nor has access to customer funds, which in turn enhances the wallet’s security.
Founded in June 2017, Bancor has now surpassed other top decentralized exchanges like IDEX, Waves Dex, and Openledger Dex in terms of trade volume.
Most digital currency exchanges have centralized components, which make them potentially  vulnerable to hacking attacks, like Mt.Gox and Coincheck. Users at centralized exchanges entrust their funds and private keys to a third party, making it supposedly easier for hackers to steal user data and cause massive losses.
Decentralized, or peer-to-peer, exchanges exclude a middleman and the necessity to rely on a third party service to hold customers’ funds. The trading mechanism of such exchanges is based on smart contracts and atomic swaps, so users are always in control of their funds. Decentralized trading platforms are also believed to provide more anonymity and be more resistant to hacking attempts.
A recent study on the liquidity of cryptocurrencies and digital assets based on the ‘slippage method’ showed that the trade volumes of major centralized cryptocurrency exchanges may be greatly inflated by third parties.

Source

63


Japanese financial services provider Monex has offered to acquire a majority stake in the cryptocurrency exchange Coincheck in a “billions of yen” deal, Nikkei Asian Review reports Apr 3, citing unnamed sources.

According to Nikkei, the Coincheck exchange, which was the target of a Jan 26 hack that resulted in a loss of about $530 mln worth of NEM coins and has since then been hit by three class action lawsuits from affected customers, has been “looking for support from a third party.”
Japanese online trading platform Monex, currently valued at around $870 mln, is looking to buy a majority stake in the crypto exchange for “several billion yen,” as anonymous sources told Nikkei. Monex is planning to replace the would-be subsidiary’s management and work towards fully restoring its services.
The official announcement of the acquisition “could be” made this week, says Nikkei.
Source

64


Ethereum developer Piper Merriam opened Ethereum Improvement Proposal (EIP) #958 on Github on March 30, presenting the idea of a possible hard fork in the Ethereum (ETH) protocol to invalidate ETH ASICs.

Vlad Zamfir, another developer with the Ethereum Foundation, posed the same question on Twitter March 28. 57 percent of respondents voted yes.
Both developers’ polls emerge amid rumors that the China-based ASIC manufacturer Bitmain is on the brink of shipping its first Ethash compatible ASIC miners. Ethash is the Proof-of-Work (PoW) hashing algorithm used by Ethereum and a variety of other altcoins.
Buterin’s Ethereum White Paper suggests the protocol already has a twofold resistance to mining centralization.
First, the algorithm requires miners to return the hash for data that has been “randomly selected” from transactions in the preceding block. Since “Ethereum contracts can include any kind of computation,” “an Ethereum ASIC would essentially be an ASIC for general computation - ie. a better CPU.”
The second means of defence is to “poison the well,” which Vitalik characterises as “ultimately an adaptive human solution rather than a technical one.” If a certain type of computation becomes prevalent, then conventional miners can introduce “a large number of contracts into the Blockchain specifically designed to stymie certain ASICs”.
As Cointelegraph reported in February, Bitmain’s profits outstripped the US GPU giant Nvidia in 2017. Research by Bernstein analysts estimated Bitmain’s profits to be between $3-4 bln for 2017, holding 70-80 percent of the market for BTC miners and ASICs.
Ethereum’s informal poll regarding a possible hard fork follows Monero’s rejection of centralized hashpower last month. Monero devlead Riccardo Spagni warned that the coin’s protocol would be changed every six months to stymie ASIC monopolies. Rumors regarding possible deployment of Ethash compatible ASIC miners impacted Ethereum markets, according to some commentators.

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65


The US Securities and Exchange Commission (SEC) charged  two co-founders of a supposed financial services start-up with organizing a fraudulent initial coin offering (ICO), the SEC announced in a press release April 2.

The SEC says the the co-founders of Centra Tech. Inc., Sohrab Sharma and Robert Farkas, were arrested and charged after raising $32 mln in unregistered investments through a “CTR Token”. Farkas had made arrangements to leave the country, but was detained before boarding his flight.
According to the SEC, Sharma and Farkas claimed the company would offer a variety of financial products, including a debit card backed by Visa and MasterCard, with which users could instantly convert cryptocurrencies into US dollars and other legal tender. The SEC says that no such agreement or relationship existed between Centra Tech. Inc. and Visa or Mastercard.
The US financial watchdog further alleges that Sharma and Farkas promoted their fraudulent ICO by creating fictional executives with impressive resumes and biographies, posting “false or misleading” market materials, in addition to paying celebrities to promote the ICO. American boxer Floyd Mayweather supported the ICO on Instagram in a post which has since been removed. Stephanie Avakian, the Co-Director of the SEC’s Division of Enforcement said of the charges:
"We allege that Centra sold investors on the promise of new digital technologies by using a sophisticated marketing campaign to spin a web of lies about their supposed partnerships with legitimate businesses. As the complaint alleges, these and other claims were simply false."
Sharma and Farkas have officially been charged with violating anti-fraud and registration provisions of federal securities laws. The SEC is seeking permanent injunctions and a return of their gains plus interest and penalties. The SEC also intends to bar Sharma and Farkas from serving as public company officers or directors and from participating in any offering of securities, digital or otherwise.
In November of last year, Cointelegraph reported that the SEC warned investors that celebrity-endorsed ICOs could be illegal. The commission claimed that celebrities who promote token sales could be breaching “anti-touting laws” if they do not disclose their compensation.

Source

66


A subsidiary of Sinochem Corporation, one of China’s four major state-owned oil companies, has completed a shipment of gasoline from China to Singapore entirely using Blockchain technology, Reuters reports April 2.

Sinochem Energy Technology sent a shipment from Quanzhou, China to Singapore, claiming that it was the “first time that Blockchain applications have been applied to all key participants in the commodity trading process.”
In December of last year, the Sinochem Group completed the “first crude oil” Blockchain import transaction, according to Reuters.
Blockchain technology has been well received in logistics and shipping. This January, the first global agricultural trade using Blockchain was completed between the US to China. The trade, which involved five different parties, used the Easy Trading Connect (ETC) Blockchain platform to deliver a cargo shipment of soybeans. Chinese retail giant JD.com will also be implementing Blockchain technology for customers to monitor their orders and ensure product quality.
At the beginning of March, the US Patent and Trademark Office (USPTO) published a patent application by Walmart for a “Smart Package” system that will use Blockchain to track package contents, environmental conditions, and location.

Source

67
It is evident Bitcoin still has a very long way to go until it becomes a mainstream currency in terms of market cap, bitcoin price, and user activity. Even so, there are some positive signs on the wall. With both Japan and South Korea boosting overall Bitcoin adoption, a peculiar tone is set. It is now up to the rest of the world to follow these countries’ lead by example.

South Korea and Japan Appreciate Cryptocurrencies

Many countries can take a page out of South Korea and Japan’s book when it comes to Bitcoin. More specifically, these two Asian nations are making Bitcoin a lot more useful in quick succession. Such a positive attitude is bound to boost overall Bitcoin adoption at some point. With retailers and e-commerce solutions showing an uptake in Bitcoin, good things are bound to happen.

Quote
Real adoption in Japan / Korea.

#1 🇯🇵retailer Bic Camera accepts bitcoin
#3 🇰🇷e-commerce platform integrating 12 cryptocurrencies
#1 🇯🇵budget hotel Capsule integrating BTC
#1 🇯🇵budget airline Peach integrating BTC
#2 🇰🇷exchange instaling crypto kiosks in restos & cafes

— Joseph Young (@iamjosephyoung) April 1, 2018

More specifically, the bitcoin market has seen Bic Camera, Capsule hotels, and Peach airlines integrate BTC payments in Japan. These are three major use cases for cryptocurrency payments as a whole. It also means the cryptocurrency is slowing making inroads in the real world. So far, that trend remains somewhat limited to Asia, though, but things are always subject to change.

South Korea has seen cryptocurrencies make inroads in a different manner. One of the country’s biggest e-commerce platforms has decided to integrate 12 different cryptocurrencies. In the offline world, Bitcoin kiosks has emerged in restaurants and cafes. All of those developments are very positive in many different ways. It will help get Bitcoin into the hands of a lot more people.

The Rest of the World Needs to Follow

Looking beyond Asia, it is evident the Bitcoin adoption effort is stalling a bit. With most retailers only accepting Bitcoin online, there’s still a long way to go. Even so, there are some positive trends to take note of.  First of all, the cryptocurrency market has seen an increase in the number of Bitcoin ATMs worldwide. That is a positive sign overall.

Most of these devices are located in the United States. That is also the one country where BTC regulation is still in a state of flux. More specifically, there is a lot of confusion as to how “legal” Bitcoin is. It differs from state to state, but some regions are taking a proactive approach. A very intriguing situation to keep an eye on over the next few years.

In Europe, it seems the ECB has no plans to regulate Bitcoin. This shows the attitude regarding cryptocurrency is pretty positive overall. This explains why several big companies are moving their headquarters to Europe altogether. If all of these trends keep up, the world is looking pretty bright for cryptocurrency in general. All of this will eventually have an impact on the bitcoin price as well.

Source

68


Omnitude, a provider of plug-and-play blockchain solutions for enterprise eCommerce platforms and a pioneer of a radical approach to the connectivity concept, is pleased to announce the start of its main token sale.
The project successfully completed the pre-sale round, raising the targeted 17% of the total amount in two weeks. This outstanding result was achieved despite dire market conditions and clearly demonstrate strong interest in the project.
Created by Omnitude as middleware, the platform provides e-commerce operators with a hassle-free solution that allows them to integrate blockchain technologies into their existing systems. It makes the integration process much easier, faster and cheaper, paving the way for blockchain technology mass adoption. The Omnitude platform converts blockchain from an abstract concept into a practical tool, offering online retailers cost-effective solutions for their most urgent problems, among them fraud, security breaches, and supply chain inefficiencies.
Those who choose to invest during the ICO will become part of the growing Omnitude community and benefit from the ongoing development of the project. The company aims to attract open source developers to build their own applications to enhance and promote the growth of the entire Omnitude ecosystem.
The ICO buyers will be protected against market volatility via the transparent and secure model of spreading token ownership across participants, with a daily cap of £50,000 per person. The crowdsale is being launched on a tested investment platform whose proven ICO security track record rests on the use of individual wallets for each participant rather than one smart contract address.
The collective experience of the team leaders exceeds 70 years of working in business, technology, and eCommerce segments. Vladimir Kalynyak, founder of eCommerce platform CS-Cart, has joined the project to drive product development. Martin Brougham, a leading innovator in international supply chain, will become COO, Americas.
The advisory board of the project features well-respected specialists, including blockchain expert Sally Eaves, retail innovator Antony Welfare, and payment systems specialist Michael Donald.
Omnitude’s proof-of-concept development is supported by several customers and partners. Among them is CS-Cart, one of the world's leading multi-vendor eCommerce platforms, operating in over 160 countries with more than 35,000 retailers. The proof-of-concept with Swisscom will feature a single sign-on (SSO) Omnitude online profile across Omnitude-based eCommerce websites and a stock dataflow system to track real-time stock levels and automate replenishment across eCommerce websites via a live smart contract.
Chris Painter, founder and CEO of Omnitude, says:
Quote
"Omnitude is a radical concept in blockchain. The vision for Omnitude is much bigger than one single application. Not only do we add value through our easy to implement eCommerce middleware solutions, but we are pushing the mainstream adoption of blockchain technology by building an ecosystem. We will share our code, learnings, and resources to help kick-start other blockchain start-ups and app development projects, and we think this is an exciting space for developers too. This token sale is an opportunity to join us on an exciting journey, and be part of something big."
To participate in the token sale, visit their official website.

Source

69


The bitcoin price has rebounded to $7,050 as the cryptocurrency market has recorded a gain of $13 billion. Ethereum, Ripple, Bitcoin Cash, Litecoin, and other major cryptocurrencies have also recorded a daily increase in value.

Bear Cycle
The cryptocurrency market is going through a bear cycle, and speculators who previously sought for 10 to 100-fold returns within a three to six-month period have left the market. In countries like South Korea, celebrities who were actively trading bitcoin a few months ago have offered public apology, distorting the image of bitcoin and the rest of the cryptocurrency market.



Speculators tend to over exaggerate their response when the market goes up or down, out of FOMO (fear of missing out) or panic, which is one of the primary reasons why the cryptocurrency market tends to see extreme volatility on both upside and downward movements.

Over the past three months, since the correction has begun in January, the downward movement in the cryptocurrency market has been exaggerated. Massive sell volumes were demonstrated and the market recorded a correction of around 72 percent. The recent correction has been the third worst correction in the history of the market.

But, the exact same trend was seen many times before, and each time the market had corrected itself, it recovered. In 2014, that recovery period took around a year. During this correction, after reaching its bottom at exactly $6,000, bitcoin price has been volatile in the $7,000 to $8,000 range, sometimes dipping below $7,000 and moving above $8,000.
 
Evidently, investors have been uncertain about the short-term trend of bitcoin and other cryptocurrencies. In a period like this, fundamentals are important and cryptocurrency adoption is particularly crucial.

In South Korea and Japan, despite the negative image of bitcoin and the cryptocurrency market, the adoption rate of digital currencies is on the rise. Japan’s largest electronics retailer Bic Camera has been accepting bitcoin for many months, the country’s largest budget airline and hotel chain Capsule are integrating bitcoin, and South Korea’s third biggest e-commerce platform is integrating 12 cryptocurrencies.

Based on transaction volume, trading volume, and search engine interests, the cryptocurrency market is undoubtedly experiencing a bear cycle, and it could take a few months before major cryptocurrencies like bitcoin can recover to its previous levels.

Stability Needed
Still, several analysts remain positive on the mid-term trend of bitcoin. Nick Cote, a cryptocurrency trader, stated that bitcoin could test the $7,700 level in the upcoming days, and if it sustain its momentum, it could move back to the $8,000 region.

Currently, most cryptocurrencies in the market are moving in a correlated manner, and the vast majority of assets are following the price trend of bitcoin. Unified price movements of cryptocurrencies signals an unstable and immature market, and until cryptocurrencies begin to move in different directions, it seems as if the market would continue to remain unstable and highly volatile.

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70


Speculating on the Bitcoin price is an interesting yet somewhat futile exercise. Harvard economist Kenneth Rogoff has always been bearish on Bitcoin. His most recent prediction puts the bitcoin price at $100 in the next decade. While such a bearish attitude is not new, it is useless an inaccurate prediction.

Kenneth Rogoff is Wrong

Although financial experts should know better than the rest of us, they are not always correct. While one can argue the value of bitcoin is taking a huge beating, too much bearish expectation is not a logical outcome either. Right now, it seems as if most of the Bitcoin price decline is over, although this market is always subject to volatility and speculation. That will continue to affect the price in a rather negative manner for quite some time to come.

According to Kenneth Rogoff, the valueo f bitcoin will continue to decline. In his opinion, the value per BTC will drop to $100 in the next ten years. An interesting statement, although one that is very difficult to back up with solid evidence. After all, there is no indicator things will effectively come to a head in such dramatic fashion. The current downtrend is already quite steep, but it will end sooner rather than later.

A continual decline in the bitcoin price is simply not feasible. The demand for Bitcoin has not slowed down in the slightest. The Bitcoin Dominance Index is still on the rise as well. Although that latter metric is not a perfect indicator, it does tell a story of its own. Right now, Bitcoin is the overly dominant cryptocurrency in the industry and strengthening its position.

The Future of Bitcoin Looks Pretty Good

Once we see the technical developments come to market for Bitcoin, things can only improve. With proper scaling solutions, micropayments, and so forth, the future has never looked better for Bitcoin. At the same time, we see an increased rate of adoption in some countries.

There are also the Bitcoin futures contracts to keep in mind. While they may not have made much of an impact so far, things are still improving. The overall futures trading volume is picking up,  confirming the growing interest in Bitcoin by institutional investors. It seems Kenneth Rogoff has not taken those factors into account when making his prediction.

Kenneth Rogoff also considers Bitcoin as a money laundering tool first and foremost It is evident there is a lot of misinformation in that statement. Bitcoin is not liquid enough to facilitate large-scale money laundering. Additionally, Bitcoin lacks privacy and anonymity in every way imaginable.  There is no reason to use it for crime, as you simply cannot hide your tracks. Financial experts such as Kenneth Rogoff should know better than stating half-truths in this regard.

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71


The world’s biggest sporting event is just a few months away and fans are flocking to online websites to book their seats in Russia. Luckily for crypto users, Kaliningrad, one of the cities hosting the matches, is now offering cryptocurrency payments for hotel rooms.

Buying Business Travel Russia reported that Apartments Malina has teamed up with the online payment system, Free-Kassa, to allow users to purchase rooms with cryptocurrencies. A total of four matches will be played in Kaliningrad on Jun. 16, 22, 25 and 28.

According to a rough translation, Apartments Malina’s manager, Anna Subbotina said:

Quote
“Crypto-currencies are now enjoying increased interest. Gradually they will come into use as a means of payment. And we decided that the fans should be able to pay for our services with the help of this innovative technology. It may very well be that other hotels [are] awaiting our example for the forthcoming football holiday.”

Eleven of Russia’s cities will host the FIFA World Cup including Ekaterinburg, Moscow, Kazan, Saint Petersburg, Volgograd, Rostov-on-Don, Sochi, Nizhny Novgorod, Samara, Saransk and Kaliningrad.

Others haven’t come forward with similar announcements yet, which is why Free-Kassa’s development director, Vitaly Lavrov, called it an “interesting experience”. “We did not have to cooperate with hotels and hotels in such a format. But the hospitality industry is very sensitive to such trends,” said Lavrov. However, Free-Kassa’s current collaboration with Petersburg Social Commercial Bank (PSCB) proves that there is a chance Saint Petersburg will adopt cryptocurrency payments as well.

Russia had been drafting regulations for cryptocurrencies and ICOs in the new proposal “On Digital Financial Assets” last month. However, amendments were requested by Ministry of Economic Development, Ministry of Communications, Ministry of Justice, Central Bank of Russia and others to soften the rules for cryptocurrency users. While this decision was not favored by the Ministry of Finance, it did submit a bill last week which lists cryptocurrencies as “financial assets” instead of a legal payment method.

Source

72

Bitcoin is looking likely to retest the $7,200 resistance level for the second time this week, as buyer confidence grows in the market today. This breakout will be vitally important for the #1 cryptocurrency by market cap, as it oscillates within dangerous territory near the critical $6,000 support beneath.
BTC/USD has been a shadow of its former glory in Q1 this year, declining ever since BTC futures trading debuted on the Chicago Mercantile Exchange late last year.
For 4 months the BTC market has struggled to keep its head above water after flurries of bad media press, restrictive regulation and FUD continue to suppress any sustainable positive trend movement.
At the bottom of this downtrend we saw BTC touch the critical $6,000 support, regarded by many as the ‘psychological support’, before quickly retracing to the earlier 0.5 fib level entry point, at $11,500. This base support level is BTC’s Alamo point, where any movement below could prove fatal to Bitcoin’s price.
After completing a bearish double-top pattern at the start of March, BTC has continued to slide to the 0.786 fibonacci level at $6,600. Now we are looking for any promising signs of a potential rebound in the weeks ahead.
There’s potential for a complete Elliott Wave formation, where the corrective waves follow the impulse waves. Provided Bitcoin breaks above $7,200 we could see the asset retrace back to 0.618 fib level at $9,500 by mid-April and follow the Correction Wave back to point C at 0.5 fib leve ($11,500) by mid-May.
MACD indicator is also showing a positive convergence, where trading momentum is increasing towards the central signal line.
Bitcoin (BTC) Price Prediction
At the time of writing Bitcoin is currently valued at $7,071, only 1.8% shy of the $7,200 resistance line. Volume has been thin over the past week but is showing signs of improvement over the past 24 hours as faith starts to restore in bullish traders.
This could represent the bottom for BTC as it begins to recover its losses from last year’s gold rush but we will need further confirmation before considering an entry point.

Source

73
 

FBI Publishes PSA About Tech Support Fraud Targeting Cryptocurrency HoldersNEWS
The FBI’s Internet Crime Complaint Center (IC3) has published a public service announcement on March 28 warning about the prevalence of scammers posing as tech support for a variety of industries, including the cryptocurrency sector.

The announcement defines tech support fraud as a “criminal claiming to provide customer, security, or technical support in an effort to defraud unwitting individuals,” and references the increasing frequency of this type of fraud leading to criminals“pos[ing] as government agents, even offering to recover supposed losses related to tech support fraud schemes or to request financial assistance with ‘apprehending’ criminals.”
Tech support fraud, which can occur through the telephone, search engines, pop-ups, locked screens, and phishing emails, is now also being perpetrated through the new targets of virtual currency exchanges, according to the FBI’s PSA.
The section on the new variations and trends of this type of fraud notes that virtual currency fraud has led to “individual victim losses often in the thousands of dollars.” The scam is carried out by a criminal who pretends to be a virtual currency service’s support representative in order to gain access to a crypto holder’s wallet, then transferring all of the crypto out while the fake “maintenance” is taking place, only to “cease all communication” and disappear with the funds.
The FBI suggests that the public update their ad-blocking and anti-virus software, examine customer support numbers found on search engines more carefully, and “resist(s) the pressure to act quickly” in online tech situations, as “criminals create a sense of urgency to produce fear and lure the victim into immediate action.”
Victims of any tech support fraud scams are asked to immediately report the incidents in as much detail as possible to the IC3.
In January of this year, the IC3 warned the public about a different new method of cryptocurrency extortion – false death threats to individuals that requested crypto and fiat ransoms to spare their lives.
Source

74


GMO Internet, the operator of Japanese crypto exchange GMO Coin, has announced the establishment of a “Group Information Security Audit Office” in order to develop stronger security measures to protect customer information, according to a March 30 press release.

GMO Coin was one of the crypto exchanges that was sent a business improvement order by Japan’s Financial Services Agency (FSA) after a series of on-site inspections prompted by the January hack of crypto exchange Coincheck.
GMO Internet’s new group, run by “knowledgeable security expert” Takeshi Miyazaki, will include an external advisor on security as well. The establishment of this group aims to “protect important customer information from increasingly sophisticated cyber-attacks by our highly secured countermeasures and pursue to improve group information security literacy and foster security personnel.”
A little over a week ago, on March 22, GMO Coin posted on their website that they had submitted their FSA-requested business improvement plan to the Kanto Local Finance Bureau.
GMO Coin added that they “sincerely apologize for the inconvenience and worry that our customers and stakeholders have incurred”, adding that:
Quote
“We deeply reflect on taking this administrative punishment seriously [...] and steadily improve the system risk management system by implementing [an] improvemen[t] plan, so that we can offer service [so] that customers can feel secure and safe.”
GMO Internet is also involved in crypto mining, having announced in September of last year that they planned on cornering 6 percent of the Bitcoin (BTC) mining market in 2018.
In the wake of the stricter regulatory supervision in Japan, two crypto exchanges decided to shut down earlier this week rather than work with regulators for compliance. Crypto exchange Binance has also taken its services away from Japan, announcing a new office in Malta, after receiving a warning from the FSA about the exchange’s unregistered status.
Source

75


The crypto markets are seeing a slight upward trend Saturday, March 31, after hitting monthly lows this week, according to data from Coin360.


Bitcoin (BTC) is above $7,000 again, trading for around $7,140 and up over 2 percent over a 24 hour period to press time. BTC saw a 24 hr low today of $6,623, and is currently trading 8 percent higher.

Ethereum (ETH) is also in the green, up almost 3 percent over a 24 hour period and trading at around $406 by press time, up from a 24-hour low of $371.

All of the top ten coins listed on CoinMarketCap are showing positive gains, with Stellar (XLM) showing the most growth, over 13.5 percent on the day, trading at an average of $0.21 at press time. Of the top ten, Neo is showing the least growth on the day, still green, but up only 0.16 percent over a 24-hour period.
This week’s market slump has been attributed to Twitter’s announcement of a crypto-ad ban, as well as MailChimp’s apparent closure of crypto-related accounts.
However, the week has also seen some wins for crypto adoption – possibly causing the slight market gains today – as South Korean capital Seoul has announced plans to launch its own cryptocurrency and thus create a friendlier environment for crypto and Blockchain innovation.
Poland, a country that made the news last month when it was uncovered that its central bank was secretly funding anti-crypto ads, is also now opening up towards crypto tech adoption, with one of Poland’s largest banks planning to implement a Blockchain storage system.

Source

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