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Thai Bond Market Association to Launch Blockchain-Based Registrar Bond Service Platform
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Thai Bond Market Association to Launch Blockchain-Based Registrar Bond Service Platform
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The Thai Bond Market Association will deploy a blockchain-powered bond registrar platform to accelerate bond issuance time and boost secondary market liquidity
Cointelegraph.com News
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Canada’s DMG Blockchain Starts Installing 85 MW Substation for Crypto Mining Expansion
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Canada’s DMG Blockchain Starts Installing 85 MW Substation for Crypto Mining Expansion
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DMG Blockchain has started installing an 85 megawatt substation for a flagship crypto mining facility in Canada
Cointelegraph.com News
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ICO Platform Promises Full Refund Following $7 Million Hack
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ICO Platform Promises Full Refund Following $7 Million Hack
ICO Platform Promises Full Refund Following $ 7 Million Hack Initial coin offering support platform KickICO lost $ 7.7 million in KICK tokens in a hack on Thursday, the company reported. CEO Anti Danilevski wrote in a blog post that the startup’s team discovered some 70 million KICK tokens missing from its wallet after the KickCoin smart contract owner’s…
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VC Firms Are Betting on the Technology, Not on Cryptos: Reddit Co-Founder
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VC Firms Are Betting on the Technology, Not on Cryptos: Reddit Co-Founder
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Crypto New Media Press
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Many have revised their Bitcoin price predictions, especially during the great slump of the last two months. The co-founder of Reddit, Alexis Ohanian, is not one of them, and he remains confident that Bitcoin’s price will hit $ 20,000 before the year ends. Ohanian also revealed that his venture capital firm invests in the “picks and […]
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US SEC Commissioner Dissents From Agency’s Rejection of Winklevoss Bitcoin ETF
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US SEC Commissioner Dissents From Agency’s Rejection of Winklevoss Bitcoin ETF
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U.S. SEC Commissioner disagrees with the agency’s second rejection of the Winklevoss’ Bitcoin ETF
Cointelegraph.com News
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Winklevoss Twins Bitcoin ETF Application Rejected by SEC
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Winklevoss Twins Bitcoin ETF Application Rejected by SEC
Winklevoss Twins Bitcoin ETF Application Rejected by SEC The U.S. Securities and Exchange Commission (SEC) has rejected the application for a Bitcoin exchange-traded fund by brothers Tyler and Cameron Winklevoss, according to a release published by the SEC Thursday, July 26. Bats BZX Exchange, Inc. (BZX) filed a proposed rule change with the SEC to allow it…
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Accenture May Use Blockchain to Track the Quality of Shipments
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Accenture May Use Blockchain to Track the Quality of Shipments
Accenture May Use Blockchain to Track the Quality of Shipments Professional consulting giant Accenture Global Solutions may be considering using blockchain to streamline and automate shipping logistics. According to a document published by the U.S. Patent and Trademark Office on Thursday, the proposed system would determine certain types of attributes for objects being shipped and store that…
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Stellar Price: Hefty Setback Seems to be a Temporary Trend
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Stellar Price: Hefty Setback Seems to be a Temporary Trend
It has been looming overhead for some time now, but all cryptocurrency markets are going through a mild correction. Although there is nothing to be overly concerned about just yet, these short-term changes are direly needed to maintain a positive outlook throughout 2018. For the Stellar price, this recent decline is a lot steeper compared to other altcoins.
Stellar Price Takes a big Hit
Given the week-long momentum the Stellar price enjoyed, it is only normal the correction-to-come would be relatively steep as well. After nearly a full week of 5% gains every single day, a 9.28% decline is not all that surprising. Those markets which gain the most value are often affected by the biggest short-term correction as well. In the case of the Stellar price, its value remains above $ 0.3 despite this big hit, which seems to confirm it will only be a temporary setback.
Although most Stellar price speculators are looking to cut their losses, this dip may not last all that long. The Bitcoin price is suffering from a temporary setback due to the ETF rejection, but it seems to be bouncing back already. With the weekend around the corner, a lot of interesting changes are bound to happen in the coming days. Those changes may include a temporary reprieve for the Stellar price as well.
There is also a 5.59% setback against Bitcoin to take into account. When Bitcoin loses value, most altcoins will lose value to Bitcoin as well. This only compounds the current negative Stellar price trend, although things will begin to look up once Bitcoin effectively recovers from this brief setback. Whether or not that will happen this weekend or sometime later, remains rather unclear at this stage.
Every time the Bitcoin price loses some value, there is a brief setback in overall cryptocurrency trading volume. Earlier this week, the total volume peaked at over $ 20bn, but it has dropped to $ 14.5bn again. For Stellar’s volume, there is still $ 150.2m in 24-hour trades. It is more than sufficient to ensure this negative Stellar price trend doesn’t get out of hand, although the bears will remain in control until Bitcoin recovers.
Binance maintains a firm grip on the XLM trading markets as of right now. Its BTC and USDT pairs combine for 47.5% of all XLM trades, followed by Upbit’s KRW market. BCEX adds a CKUSD pair in fourth place, and Poloniex successfully holds onto the fifth spot with its BTC market. It has been a while since Poloniex made the top five for Stellar, but that doesn’t necessarily have to be a bad thing either.
For Stellar price speculators, the coming hours won’t change all that much. The current momentum doesn’t favor any cryptocurrencies, although the recovery process may not take more than a few hours. Once the Bitcoin price goes back in the green, all altcoins are bound to benefit from the overall uptrend once again. Whether that will happen today or over the weekend, remains unknown.
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the Paradigm Shift – SooHan (Hans) Ryou – Medium
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the Paradigm Shift – SooHan (Hans) Ryou – Medium
Crypto New Media Press
4 features that can really change the game Iwould like to start with a quick notice. I have decided to act more as an individual on Medium. Still I am the editor-in-chief of ICO of KOREA, and am still actively writing my reviews in Korean as well. Today I want to talk about Jura, which is […]
The post the Paradigm Shift – SooHan (Hans) Ryou – Medium appeared first on Crypto New Media.
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Bitcoin Cash Price Analysis: BCH/USD Back in Bearish Zone
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Bitcoin Cash Price Analysis: BCH/USD Back in Bearish Zone
Bitcoin Cash Price Analysis: BCH/USD Back in Bearish Zone Key Points Bitcoin cash price failed to hold gains and declined below the $ 825 support against the US Dollar. Yesterday’s highlighted important bullish trend line was breached with support at $ 840 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is…
The post Bitcoin Cash Price Analysis: BCH/USD Back in Bearish Zone appeared first on Altcoin Today.
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Another Chinese Region Shuts Down Bitcoin Mining Operations
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Another Chinese Region Shuts Down Bitcoin Mining Operations
Cryptocurrency mining has always attracted controversy. This is primarily because so many people only see the negative side in terms of electricity usage. China is slowly ending all ‘unofficial’ domestic Bitcoin mining operations, and the territory of Xinjiang Uyghur is the latest to be affected.
Removing Illegal Bitcoin Mining Firms From China
It is evident China is a very intriguing country when it comes to Bitcoin and cryptocurrencies. The country has taken major steps toward ending the trading of Bitcoin against the Chinese yuan. That effort, enforced by the PBoC, has been in place for quite some time now. It seems highly unlikely this trend will ever be reversed.
In recent times, the Chinese government has focused most of its attention on the area of Bitcoin mining. Most of China’s electricity supply is state-sponsored. As such, any individual using it for personal gain without approval from the government is considered to be running an illegal operation.
In the self-governing territory of Xinjian Uyghur, a few of those unofficial Bitcoin mining firms still exist. That will not be the case for much longer, as local officials recently made it clear that all of these illicit operations must shut down by August 30. The exact number of affected firms is a bit unclear at this stage.
Xinjiang Uyghur is so appealing to Bitcoin miners due to its cheap electricity rates and abundance of land. However, not every mining operation in this part of China has registered with the authorities. Abusing this region’s cheap electricity should not be allowed, and it seems the current crackdown is more than warranted.
Slowly but surely, China is getting rid of all Bitcoin mining operations. Although only the illicit ones are being targeted right now, there is a good chance all legitimate Bitcoin mining firms will be scrutinized in the future as well. China wants nothing to do with Bitcoin or other cryptocurrencies at this point in time, which may or may not be the right call in the long run.
It will be interesting to see whether these unofficial Bitcoin mining operations will move to a different country. There are plenty of other regions which welcome Bitcoin miners with open arms, and it is evident that more countries will follow this trend in the coming years. This business draws a lot of electricity, yet it also creates jobs and boosts local economies in the process.
NullTX
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Swiss Crypto Mining Firm Faces Enforcement Action for Potentially Unauthorized ICO
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Swiss Crypto Mining Firm Faces Enforcement Action for Potentially Unauthorized ICO
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Swiss regulator FINMA has launched enforcement proceedings against crypto mining firm Envion AG for its potentially unauthorized token sale in Dec. 2017-Jan. 2018
Cointelegraph.com News
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What Is Everipedia?
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What Is Everipedia?
Most people use Wikipedia to find information online. It is a powerful platform, although there have been some censorship issues over the years. Everipedia may be a valuable extension of the existing Wikipedia platform, and it also seems to have an interesting tie-in with cryptocurrencies.
The Concept of Everipedia
Although one would assume Everipedia is the exact same thing as Wikipedia, that is not the case. It is an online encyclopedia, similar to Wikipedia, but it uses blockchain technology to reward users with cryptocurrency. Everipedia is also the largest online English encyclopedia, and it contains all of Wikipedia’s English language content.
How Does it Work?
Like Wikipedia, Everipedia heavily relies on contributors from all over the world. It has a much larger range of articles than Wikipedia, primarily due to its lower threshold for notability. As such, there is a lot of information to be found on this platform, and contributors are welcome to submit any type of content they see fit.
On paper, Everipedia aims to decentralize the governance of an online encyclopedia. This is done through a broader range of editorial decision-making in the editing process. Some content may not meet Wikipedia’s editorial guidelines, but it will most likely be accepted by Everipedia. Restricting specific information or additions is one of the reasons why people have grown averse to Wikipedia.
The involvement of blockchain technology is another interesting aspect of Everipedia. The project uses blockchain technology to reward Everipedia contributors with the native IQ token, which is hosted on the EOS blockchain. As such, an incentivized peer-to-peer network for content submission and curation is created.
The IQ Tokens
Rewarding users for their contributions to Everipedia is an intriguing business model. The IQ token’s maximum supply is 10 billion, and a lot of tokens have been airdropped to EOS holders at a 5:1 ratio. All IQ token holders help govern the encyclopedia’s articles, and they can approve edits, create new rules, and buy and sell services on the network in exchange for the token.
The Road Ahead
It is evident there is a need for competition in the world of online encyclopedia. Wikipedia will remain a fan favorite for quite some time to come, and Everipedia is a more than valuable addition to this space. It aims to offer a lot more content than the English version of Wikipedia. Providing information to the masses without bias or censorship is always a positive development, and it highlights the potential of blockchain technology.
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New EKSPA marketplace – the direct way to success for B2B eCommerce market participants
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New EKSPA marketplace – the direct way to success for B2B eCommerce market participants
The slogan of the EKSPA cloud-bas web platform creators is “Direct connection with success.” What does this phrase mean and why did the EKSPA founders choose it as the project driving force? Everything is simple and comprehensible. The goal of EKSPA marketplace creation is to solve one of the main problems of any trade market – the intermediation problem. On average, 30-40% of the product price is allocated for the intermediaries` services. And this is despite the fact that in most cases they do not affect the product quality, but only handle modern marketing tools better than the producers, more effectively promoting the product on the market. In most cases, this is what makes them turn to the services of intermediaries, many of whom do not play any role even in the product’s positioning in the market, but simply transfer the product further along the chain. Thus, the EKSPA platform will solve this problem in the B2B eCommerce market, directly connecting suppliers and sellers of products, which will have a positive impact on the products’ final price and, accordingly, on the success of each of the transaction participants.
Other important problems that the EKSPA web platform will solve will be the lack of time and sufficient amount of money. Now let us explain what is meant by this. With today’s abundance of information, the process of finding the right partner can take a sufficient amount of time, in which small businesses, for example, are severely limited. Besides, maintaining your own website and its promotion on the Internet also takes a lot of time and money, which can have a negative impact on a small company, being at the stage of the market entry. Taking into account all these problems, the EKSPA creators conceived to solve them all at once within their platform. The EKSPA web platform will become a new low-cost sales channel for small and medium-sized businesses, replacing many intermediaries and turning the Internet into an affordable tool for small companies. Placement on the EKSPA platform will allow suppliers and buyers in the B2B field to find each other around the world, entering into mutual international cooperation. This will allow representatives of small and medium-sized businesses, as the main platform users, to go from a small organization to a recognized international company much faster.
EKSPA functional differences from other marketplaces
A centralized multilingual information web application is what EKSPA is. However, the main feature of EKSPA is that this web-platform is a marketplace with the changed logic. Why with the changed one? It’s very simple – the platform has many differences from existing marketplaces. It should be noted that the platform specializes in B2B eCommerce. Today, the B2B segment is increasingly using various online platforms to promote its business. According to the Frost&Sullivan research company forecast, the volume of B2B eCommerce market will reach $ 25 trillion by 2020, exceeding twice the B2C online retail market, and will be about 27% of the total trade. All this, undoubtedly, opens up broad prospects for successful development of the EKSPA web platform in the near future.
Thanks to modern technologies, including blockchain, EKSPA will implement many interesting functions and features that you will not find on other similar platforms. Thus, the “Green light” function will allow selecting new companies around the world, contractor`s “Smart reputation” will form real reviews, “Investments” will help to support various companies, multisignature will certify the transaction execution from both sides, neural network will organize better offers placement and search optimization, auctions will allow to determine the best price for the purchased products. There will also be multilingual search, virtual exhibitions, voting for the functionality development and charging tokens for viewing advertising. And these are just a few of the features that will be available to the EKSPA web platform users. Most of the marketplace features will be available to users for free, but the EKSPA creators provided paid use of the platform, which will give its users other interesting features, which are described in the Whitepaper. Also, this document presents the premium account rates, which can be purchased in the application for the EKSPA tokens. What else the platform tokens will be needed for, we will consider further.
EKSPA token utility
The platform token, Eksperium is a Utility token. What is its utility? First, as noted above, the EKSPA token can be earned for viewing ads within the platform. The advertiser will be able to receive advertising impressions for tokens. Also, it will be possible to hold auctions and virtual exhibitions, organize news releases, buy more space to store your offers, purchase the opportunity of getting the investment from partners, pass additional verification with the use of Eksperium. Thus, the token can be used inside the platform, as it is not intended for purchases outside it. But this fact makes it no less attractive to buy, because it will allow you to take advantage of most of the EKSPA marketplace opportunities.
How to try the EKSPA web application?
Another distinctive feature of the EKSPA project is the presence of the product working test version. Thus, any person interested in the platform can go to the project official website and test the application prototype. It presents not all the functions, but with its help you can “feel” the future look of the marketplace. In order to get acquainted with the working test version, you need to register on a separate website, after which access to its use will be open. The ready-made prototype, as well as the fact that the developers are planning to return funds to investors in case SoftCap is not achieved and to engage in further product development on their own, indicates that their intentions being serious.
At the moment, anyone can find all the necessary information about ongoing pre-ICO and the conditions of tokensale, read the Whitepaper and see the platform test version on the official EKSPA website. It is worth noting that within the tokens pre-sale, which ends in a few days, the sale price is the most attractive and is $ 0.20 per one token. In addition, it is possible to get generous bonuses for the purchase. Visit the official EKSPA website and join the future in the marketplace industry!
This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of NullTX. This is not investment, trading, or gambling advice. Always conduct your own independent research.
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Venezuela’s New Petro-Backed National Currency to Start Circulating in August
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Venezuela’s New Petro-Backed National Currency to Start Circulating in August
Venezuela’s New Petro-Backed National Currency to Start Circulating in August The president of Venezuela Nicolás Maduro has announced that the country’s new cryptocurrency-backed national currency will start circulating August 20, local state news agency Telesur reported July 25. Telesur reports that the new currency, the Bolívar Soberano (Sovereign Bolivar), will have five zeros less than the existing national currency…
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Non-Fungible Tokens, Explained
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Non-Fungible Tokens, Explained
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Not all tokens are born equal, and non-fungible tokens are allowing rare and collectible assets to be stored on blockchain. How does it work?
Cointelegraph.com News
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Bitcoin (BTC) Price Watch: Make-or-Break Area of Interest
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Bitcoin (BTC) Price Watch: Make-or-Break Area of Interest
Bitcoin (BTC) Price Watch: Make-or-Break Area of Interest Bitcoin Price Key Highlights Bitcoin price has been on a tear lately but appears to be hitting a strong upside roadblock around $ 8,000. This is around the top of its descending channel visible on the 4-hour and daily time frames. If the resistance holds, the Fib extension…
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