Now Offers Trading of 4 Cryptos on Yahoo Finance's iOS App

Yahoo Finance, one of the world's largest news sites for real-time stock quotes and market info, has added a feature permitting cryptocurrency trading on its platform.

According to a blog post on Thursday, the company currently supports trading of 4 kinds of assets – bitcoin, ethereum, litecoin, and dogecoin – on its iOS mobile app.

The announcement came amid numerous tweets online yesterday indicating the service seemed to be also available on the desktop version of Yahoo Finance – although, the feature isn't visible on desktop browsers at the moment. Yahoo Finance said within the announcement it pans to increase the service to android, desktop and mobile internet platforms in the future.

For the new feature, Yahoo partnered with TradeIt, a platform that integrates with brokerage services to act as a hub for trading financial assets. TradeIt notably integrated with the U.S. crypto exchange Coinbase last year, according to a statement at the time, though it is not yet clear which brokerage Yahoo is connected with for the new offering.

The financial news service 1st started its partnership with TradeIt in September 2017, letting users carry out in-app trading of traditional financial assets. The exposure to cryptos at the time was limited to data on prices and portfolio performance.

The site 1st started tracking bitcoin's worth in 2014, as CoinDesk reported. Last year, the company expanded its value tracking service to cover over 100 cryptocurrencies across all its platforms globally.

Elastos Declared Merged Mining Partnership With Bitmain

Elastos, a blockchain-powered internet infrastructure, has proclaimed a merged mining partnership with Bitmain Technologies, a cryptocurrency mining specialist and hardware producer.

Merged mining allows Bitcoin (BTC) and the ELA coin, Elastos’ token, to be mined at the same time and more efficiently. BTC will function the parent chain whereas ELA will work as the auxiliary chain. The partnership enables miners from BTC.com and AntPool to joint mine BTC and ELA using the Auxpow consensus.

Elastos said the partnership was “monumental” for miners and future users of its sensible web platform as it guaranteed the security of the Bitcoin network by sharing its hashpower. The move also serves as a step towards mainstream integration of Elastos’ internet OS.

“ELA is one among the first coins to be merged mined with Bitmain,” said Rong Chen, founder and chairman of Elastos.

“The accomplishments in our first year alone are indicative of Elastos’ potential to make waves far beyond the blockchain space — we are on track to change the whole Internet industry, its users, digital ecosystem and to create an industrial strength Internet-of-Things (IoT) network. This is the Internet of the future, where people will own their data, and connect directly and securely.”

Chinese startup Elastos has been developing the first utterly safe atmosphere on the web, powered by blockchain technology, where decentralized applications are detached from the web while also allowing full scalability to millions of users. The startup is backed and supported by Foxconn, the Chinese Central Government, the Tsinghua University, Bitmain, and NEO.

“At Bitmain, we strive to be at the forefront of recognizing new, innovative technologies in the blockchain area as well because the cutting edge teams leading the way to mainstream adoption — Elastos is one of those projects,” said Jihan Wu, co-founder of Bitmain.

“There are very few projects we have opened our community up to, and there are currently only three merged mining with Bitmain. I have an immense amount of faith in the potential impact of Elastos, which is not limited to the blockchain space alone.”

In addition to the commencement of merged mining with Bitmain, Elastos has also disclosed its incentivized community portal, Cyber Republic, through which it's launched many initiatives, including CR100, which will initially concentrate on funding the development of 100 decentralized applications on Elastos.

The startup also announced the rollout of a full end-to-end test environment of the Elastos sensible web Alpha, referred to as Elastos Trinity. Trinity aims to implement a cross-platform application, compatible with android, iOS, Window, and Mac, which will serve as the gateway from the existing internet to the Elastos internet infrastructure.

Over the coming year, Elastos said it'll concentrate on fueling growth. In 2018 alone, the company has expanded into partnerships with many industry giants such as Zapya, and the TD-SCDMA Industrial Alliance.

A Hybrid Exchange Announces Bluetooth Integration Between Cold Wallets and Mobile Devices to Change the Way we Trade Digital Currencies

DINNGO is tackling a core issue once it comes to trading crypto. We’ve all heard the horror stories regarding hacked centralized exchanges and experienced for ourselves the inefficiencies of a decentralized alternative. This new hybrid exchange will change the industry from the ground up.

28th August, 2018, Singapore, Malaysia – when it comes to trading digital currencies, the requirement for security is often front and centre. Several users waste innumerable hours connecting offline wallets to slow and inefficient decentralized exchanges, simply to feel their money is safe and secure. DINNGO removes the hassle – and will be the first exchange in the market to offer seamless bluetooth integration between offline (cold) wallets and mobile devices. This suggests that users will be ready to trade cryptocurrencies on their exchange securely, and at the click of a button – wherever they're.

The DINNGO Solution

CEO Hsuan-Ting Chu, a serial entrepreneur who has designed multiple VC funded businesses, and his experienced team, are building an exchange which will give a customizable interface, address long-standing client support issues associated with major exchanges, and increase potency in the method we trade crypto.

Alongside Hsuan-Ting are COO, Blake Ho and Chief Blockchain Officer, Ben Huang. Blake brings with her years of expertise working in operations and marketing at Citi Bank and ben was the core developer of Gcoin and DiQi. With an experienced team behind them, DINNGO aims to launch the BETA version of their exchange in q4 2018, before their official launch in early 2019.

DINNGO Private and Public Sale

To raise funds for the effective marketing and deployment of the revolutionary platform, DINNGO will be conducting a token sale of their DGO token, split over two rounds. The private pre-sale is almost 70th sold out, with some big name backers coming onboard. YK Chu, managing director of wi Harper(Venture Capitalists) has invested in the project alongside different exciting partners. For nearly three decades, wi harper have backed visionary entrepreneurs in each the us and greater China regions, having invested in over 350 firms and have seen over 100 successful liquidity events.

The DINNGO token sale will open up to the public on 16th September 2018 and the whitelist is presently open. The DGO token is a utility token which supports the DINNGO ecosystem. Holders won't only enjoy a 500th discount on transaction fees, but will receive premium trading functions on the DINNGO exchange and access to various airdrop campaigns.

Despite Recent Ban,Some Crypto Mining Apps Remain in Google Play Store

According to a report by following web published on August 28, many cryptocurrency mining apps stay in the Google Play Store despite the ban.

On July 27, Google banned crypto-mining apps from its Play Store. An update to Google’s developer policy read that "we do not allow apps that mine cryptocurrency on devices." the company gave mining app developers a 30-day grace period to revise their products so as to comply with the new terms.

The deferral period has passed, however some apps that enable on-device mining are still obtainable on the Play Store, according to the next web. The site reportedly found eight apps, three of which have been removed. NeoNeonMiner, Crypto miner pro, pickaxe jack, and Pocket miner are still live on the store, whereas Bitcoin miner reportedly claims its providing complies with the terms introduced by Google.

While MinerGate has been removed from the store, its developers told hard Fork that the app’s latest iteration deleted its on-device mining features in order to comply with Google’s rules. MinerGate told hard Fork in an email:

“Mining on your phone directly was among the core features of the MinerGate app before the last changes in Google Play Development policies. With the last update, we are removing this functionality to meet the updated requirements.”

Earlier this month, Google Play Store hosted a reported Ethereum (ETH) scam application. Lukas Stefanko, a malware researcher from Slovakia, reportedly found a fraudulent “Ethereum” app on Google Play that had been offered for purchase at price of €335 or around $388. According to the researcher, the scam supposed to dupe uninformed buyers into buying the app, who mistook it for the original Ethereum cryptocurrency.

In April, Google also declared that it's removing mining extensions from its Chrome web Store after “90 percent” supposedly failed to comply with its rules. The move reportedly came in response to analysis of malicious “cryptojacking” present in extensions.

Indian Crypto Exchange Resumes Fiat Deposits and Withdrawals

An Indian cryptocurrency exchange has come up with a new method to allow its users to deposit and withdraw rupees despite the crypto banking ban by the country’s central bank. The exchange also guarantees that rupee requests will be processed inside half-hour or the user will receive ten free XRP credited to their account.

Creative Ways Around RBI Ban

The reserve bank of india (RBI), the country’s central bank, issued a circular in April banning all financial institutions under its control from providing services to crypto exchanges. The ban went into effect in July and banks began closing accounts of crypto exchanges, prompting a number of them to come up with creative solutions for inr deposits and withdrawals. Some launched exchange-escrowed peer-to-peer (P2P) services; some crypto-to-crypto trading.

One crypto exchange in particular claims to have found a way around the ban. Giottus, which also offers exchange-escrowed P2P trading service, reopened its fiat support despite the rbi ban. The platform offers BTC, ETH, BCH, XRP, and LTC trading pairs.

Giottus wrote on its website:

"Get your INR processed within 30 mins of placing your request, else get 10 XRP credited to your Giottus account."

The exchange explained that inr withdrawals are only processed throughout banking hours, adding that “withdrawal requests received after 5 p.m. will take a most of 10 hrs or will be credited [the] next day (whichever is earliest).”

Giottus’ Method

Giottus co-founder and COO, Arjun Vijay, recently explained to Ambcrypto publication that his exchange is ready to supply inr deposit and withdrawal services “by identifying specific traders who can process deposits and withdrawals quickly. This is still done through P2P, allowing the traders to still function usually,” the news outlet conveyed and quoted Vijay saying:

"We have now started processing INR deposits and withdrawals through these selected P2P partners and they currently on average process requests within 15 minutes. As a safety measure, we take collateral from these P2P partners, and these partners, as service fee charge 0.2% for the deposits and 0.2% for the withdrawals."

Vijay further noted that traders can process volumes of up to approximately 60-70 % of their collateral deposited with the exchange before extra collateral is required.

Disclaimer: Mycryptocoinforum.blogspot.com does not endorse or support claims made by any parties in this article. None of the information in this article is intended as investment advice, as an offer or solicitation of an offer to buy or sell, or as a recommendation, endorsement, or sponsorship of any products or companies. Mycryptocoinforum.blogspot.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Ethereum Browsers Take Steps to Increase Wallet Security

MetaMask, among different dApp browsers, has committed to cease injecting Web3 into user browsers on November. 2, on account of a recently-uncovered privacy issue, which means it'll need a brand new postMessage API, according to Paul Bouchon, writing in Medium.

MetaMask, an Ethereum wallet and dApp browser that allows users to visit the distributed web, has automatically injected a web instance for the web page along with an Ethereum supplier, enabling the dApp to achieve the blockchain, access user account addresses, and propose transactions.

Privacy Gap Uncovered

The existing generation of dApp browsers, however, contains a privacy exposure. Malicious sites can scan the injected objects and track Ethereum users, even once the extension is locked. Such an attack is mentioned as “fingerprinting” and make users vulnerable to a variety of attacks.

For example, malicious players have already been ready to launch phishing campaigns and invasive advertising using the exposed data. Once the extension unlocks, the wicked players also can see the victim’s Ethereum address, from which they can gain access to private data, like transaction history, balance, and other data.

To protect the privacy, dApp browsers as well as MetaMask, imToken, Status, and Mist would require updates to existing dApps.

The dApp browsers will no longer automatically inject a web instance or Ethereum provider when the page loads. The dApps will got to request a provider from the browser which will then ask the user to approve or disapprove access to the Ethereum blockchain. The provider will be injected into the web page if access is approved.

Users will begin to check more “login” buttons on dApps, one of which will cause a MetaMask pop-up requesting the user to grant site access to their account information. The sites that are approved will be cached until the user’s list is cleared.

The approval pattern is similar to asking for access to a user’s microphone or camera, Bouchon noted.

Ethereum users will be able to deny blockchain access for those websites they think about untrustworthy. This way, unwanted websites won't be able to target them without their knowledge. Instead, users will have manage over their privacy by injecting the provider into a web page after granting approval.

Developers to need Approved providers

Developers, for their part, will no longer be able to expect a Web3 instance or Ethereum provider to already be on the window when a page loads. Instead, dApps will post a message requesting a provider from the browser by posting a message. The dApps will have to register to be notified when the user approved provider is injected. The provider can know if injection happens via window.ethereum, and will simultaneously have to ask for a provider.

For the Web3.js API, an Ethereum provider will be injected following user approval, not a web instance. The dApps that require Web3.js will have to load the actual version they have instead of a version the browser injects. A Web3 instance can still be injected by using a Web3 flag once requesting a provider.

There is no guarantee concerning the Web3 version that will be injected after the request is created, meaning the tactic is only suggested for convenience in debugging and developing.

The modification has been a troublesome decision for MetaMask, Bouchon noted, however it's necessary to prevent users from being subjected to violations of privacy.

MetaMask believes it can defend privacy and security in providing a user-centric web.

Hydroelectric Dam is being converted into as Crypto Mining Farm

A hydroelectric dam in eastern new york State is being converted into a dedicated crypto mining farm, taking advantage of low-cost, renewable energy, according to Dpw Holdings whose subsidiary is building the mining farm. Anteater miners, equipped with ASIC bitcoin mining chips developed by Samsung and Innosilicon, will be used on the site, the company declared.

Dam Turns Mining Farm

A hydroelectric dam roughly 10 miles south of new York’s capital town, Albany, is being converted into a dedicated cryptocurrency mining farm, Dpw Holdings inc. declared on Thursday.

“The historic Valatie Falls, new york hydroelectric dam will become operational during the fourth quarter of 2018,” the company elaborate, adding that it'll “serve as a fully-dedicated supply of low-cost, renewable power for a new co-located cryptocurrency mining farm to be designed and operated by DPW’s wholly-owned Super Crypto Mining subsidiary.” chief executive officer and Chairman, Milton “Todd” Ault III, commented:

" Our successful repurposing of Valatie Falls dam to provide clean, low-cost, renewable power to Super Crypto’s future co-located mining farm is another important step in our strategy to create an economically viable, self-sustaining cryptocurrency mining business."

Collaborating with Samsung Semiconductors

The 1-megawatt Valatie Falls dam was built in 1983 and purchased in March by Valatie Falls Hydro LLC, using debt financing provided by Dpw subsidiary Digital Power lending. 

Another subsidiary of Dpw, Super Crypto Mining, is building the cryptocurrency mining farm at the site. The company will install the proprietary “Anteater” miner, launched by a third subsidiary, Coolisys Technologies inc.

In June, Dpw declared that Coolisys launched a line of crypto mining units, the Superminer line. Its first miner model, the Anteater, features 10nm ASIC bitcoin mining chips jointly developed by Samsung and Innosilicon. The new mining rigs are scheduled to go on sale to the public beginning on September 1.

“The Superminer line, as well as the Anteater, is equipped with advanced dynamic frequency and temperature scaling for reliable performance beneath virtually all conditions,” Dpw wrote. “The 10nm mining chip in the Anteater is based on Samsung’s System-on-chip high-performance computing technology which provides the world’s most effective ASIC cryptocurrency mining design, with the Anteater operating at 17.2TH/s.”

Amos Kohn, Chairman and chief executive officer of Coolisys Technologies, said:

"It has been our goal to enter the cryptocurrency mining market, to compete head to head with Bitmain and Avalon, and look to providing innovation in miners and advances in technology serving the crypto-mining sector."

Credit Cards Could Replace By Bitcoin ?

Growing competition in the retail sector – and also the chance that the digital currency might help merchants lower transaction fees that cut into profit margins -- might induce them to exchange credit cards with Bitcoin.

“From a merchant perspective, Bitcoin has the advantage of not having massive fees from credit card companies that cut into profits,” writes Ian DeMartino, in the Bitcoin Guidebook: how to acquire, Invest, And spend The World’s first decentralized Cryptocurrency (New York: Skyhorse publishing, 2016). “Credit card companies generally charge between three to four percent for every transaction, a fee the merchants usually take on themselves. For merchants with little profit margins, that fee could be up half or more of their profits for each credit card transaction.”

Kris Marszalek, Co-Founder and chief executive officer of CRYPTO.com, agrees. “The banking and payment sector is ripe for disruption,” he says. “Everyday customers feel little loyalty to or satisfaction with several incumbent institutions - charges are unnecessarily high and therefore the customer experience is poor. The entire credit card business model is concentrated on wringing money out of individuals who can’t afford credit card debt: late fees, penalties and high interest rates.”


By contrast, blockchain and cryptocurrencies, he continues, “provide some way to shift the balance of power back towards consumers. Blockchain backed credit is fairer and cheaper than credit card debt. And when used as a means of payment, cryptocurrencies provide a number of benefits over existing methods. The digital nature means they're nearly free and quick to send globally; and travelers can use cryptocurrency cards to save up to eight percent on exchange charges once spending money abroad.”

Arran Stewart, Co-owner and CVO of Job.com, explains how Bitcoin might replace credit cards. Credit cards, he says, could be replaced with easy wallet verification that could be confirmed “with one thing as simple as a fingerprint. We are already accustomed doing the same and similar behavior with Apple Pay. This is far more secure and efficient as it would allow retailers to receive payment for product and services much quicker. The only roadblock to this becoming reality is the stability of the crypto market, which will come in time and as transaction volumes still increase.”

That’s bad news for companies like Visa and Master Card, which dominate the credit card payment industry -- and for the banks that issue these cards and take their own cut.

But it's excellent news for Bitcoin investors, as it will raise exponentially the adoption rates for day to day transactions, and boost its price.

Still, Bitcoin enthusiasts should temper their enthusiasm. Whereas merchants would be happy to replace credit cards with Bitcoin, shoppers are hardly possible to give up on their credit cards. For an obvious reason. Credit cards alter the trade-off between the pleasures of acquiring something versus the pain of paying for it; we get the pleasure currently and defer the pain until later.

“Paying with plastic fundamentally changes the method we spend money, altering the calculus of our financial decisions,” explains Jonah Lehrer, author of how we Decide (Houghton Mifflin, 2009). “When you buy something with cash, the purchase involves an actual loss — your wallet is literally lighter. Credit cards, however, make the transaction abstract, so that you don’t really feel the downside of spending money.”

Cryptocurrency services provider, has been granted an e-money license by ( FCA )

Wirex Ltd., a cryptocurrency services supplier, has been granted an e-money license by the UK’s financial Conduct Authority (FCA), opening up a much broader market and allowing the company to offer services supporting over 25 different sovereign currencies.

Wirex is currently following similar accreditation in different countries and is the method of developing offerings in Asia, including Singapore and Japan, as well as North America, the company said on Thursday.

Wirex co-founder Pavel Matveev said that working closely with regulators round the world was testament to the company’s robust approach to security and compliance.

“Focusing on these vital milestones is key to achieving our ambitious international expansion plans. The FCA e-money license is simply the primary step to making a broad and versa-tile providing that meets the varying desires of consumers worldwide,” Matveev said.

“We are aiming to bring crypto to the mainstream while also providing an innovative, complete solution for managing both crypto and fiat money day-to-day. We’re delighted to be able to take this next step and push forward with these internationally-recognized credentials in place.”

Wirex is developing a “hybrid personal banking solution” that supports each sovereign currencies as well as GBP, USD and EUR, and cryptocurrencies such as bitcoin, litecoin, and dash. Today, the company provides a digital platform that enables users to manage and pay their funds hassle-free, in addition to exchange services and payments solutions. The Wirex digital wallet comes with a connected Visa debit card.

The company said in a blog post that the e-money license “will boost trust in Wirex and cement our reputation as a worldwide player.” The license “sets Wirex apart from the unregulated, usually insalubrious world of initial coin offerings (ICOs),” it said in a separate statement.

Dmitry Lazarichev, co-founder of Wirex, noted that acquiring an FCA license had been the company’s ambition since launching the company.

“The license offers us the freedom to optimize our e-money offering, which will result in lower costs and fees for our customers,” Lazarichev said, adding that the allow “assures users that Wirex is trustworthy and committed to maintaining high compliance standards in its business operations.”

Wirex has offices in London, Singapore, Tokyo, Delaware, Toronto and Kiev, and claims 1.8 million users and US$2 billion in transactions so far.

America’s Oldest Central Bank, To Explore Digital Currency

The central bank of Curacao and Sint Maarten (CBCS) has declared a partnership with blockchain technology firm Bitt aimed toward exploring the issuance of a digital currency for Curacao and Sint Maarten island nations.

Per the chief executive of Bitt, Rawdon Adams, a digital currency are going to be particularly relevant to the two countries, that are both constituent countries of The Netherlands and which share identical monetary union. This is because the risks and costs incurred by the CBCS in printing and distributing physical money across the monetary union will be greatly reduced. Additionally, it'll be convenient for citizens and residents of the region.

Central Bank Digital Currency

“A central bank issued digital currency, which may be used on mobile wallets, facilitates secure and frictionless financial transactions and payments, using a mobile phone/tablet, within each jurisdiction and across jurisdictions in the monetary union,” said Adams in a statement. “This solution is especially powerful in the case of cross-border transactions, which might take days even among a monetary union, and also the cost of which is just increasing.”

According to Leila Matroos-Lasten, the acting president of CBCS — the longest-surviving reserve bank in the Americas, having been founded in 1828 — a digital currency will be more compliant with understand Your client and Anti-Money laundering (KYC/AML) policies and processes.

“The CBCS herewith acknowledges the transformative potential of innovation and technology and is committed to exploring solutions regarding potency of cross-jurisdictional transactions and digital payments whilst ensuring compliance and security assurances obtained by these state of the art (fintech) solutions,” said Matroos-Lasten. “This would be beneficial to everybody.”

Blockchain Pilot Initiative With ECCB

This is not the first time Bitt has partnered with a central bank. In March, the distributed ledger technology firm, that is partly-owned by Medici Ventures, a subsidiary of the online distributor overstock, signed a memorandum of understanding (MOU) with the Eastern Caribbean Central Bank (ECCB). The deal was inked in the same month that Medici Ventures raised its stake in the startup to 8.6%, as CCN reported at the time.

Just like with the MOU Bitt inked with the CBCS, the goal of the earlier deal was to develop, deploy, and take a look at technology aimed at improving the Eastern Caribbean Currency Union’s risk profile by enhancing AML/KYC and Anti-Terrorism funding measures and processes. the earlier MOU also touched on exploring the development of a digital currency for the ECCU.

“[As] the ECCB promotes the security and soundness of the financial system in the ECCU, it also includes a responsibility to encourage and support innovation consistent with the Bank’s mandate to facilitate the balanced growth and development of member countries,” ECCB’s governor, Timothy Antoine, said in a statement at the time. “To that end, blockchain technology deserves our attention and consideration at this point.”

Blockchain-based Virtual Dragon Game

With blockchain technology deemed a key element of industry 4.0, and the international videogame industry valued at over $100 billion and set to grow to over $128 billion by 2020, the potential for developing unique new gaming experiences is evident. As a result, a number of companies are gearing up to stake their claim during this new frontier by creating decentralized games via which players can trade in cryptocurrency.

What is Coopet?

Coopet is an Ethereum-based virtual dragon-raising game, the first in Cootech’s Game ecosystem. According to the developers, the game allows players to have digital assets and buy, sell, exchange and breed their “pets”, a significant revolution for on-line gaming.

Cootech Company

Singapore-based Cootech’s expressed mission is to build compelling games based on blockchain technology. It aims to expand and partner with like-minded online gaming companies to make the next generation of titles.

Coopet: Key Game Modes

 Solo Arena: players control dragons that fight/players perform daily missions to receive bonuses
 Concentration Arena (boss hunt): deathmatch-like fighting mode in which winners receive daily/weekly/monthly prizes (dragon eggs/virtual money)

Mating/Reproducing and Fighting

The dragons in Coopet will be ready to mate and produce baby dragons. Male dragons will have a mating function, whereas female dragons will be able to reproduce. Eggs created from mating are called golden eggs, which may be sold by the player. The resulting baby dragons will be classified consistent with their rarity, with higher rarity corresponding to higher prices. In addition, players can earn rewards for winning fights.

Game Technology

Coopet will use a combination of homegrown Cootech technology and Ethereum’s intelligent contract handling to build an ecosystem that can create thousands of dragons per minute. Each Coopet will be represented by a set of Cootech tokens. Players will be unable to copy, modify or destroy the tokens.

Key selling Points of Coopet

•  All assets owned by player
•  Transparent blockchain-based trading
•  Seamless operation

COO Token

Cootech’s token (COO) is based on the Ethereum platform (ERC-20 standard) and will function the main trading currency in the game. The entire token offer will be set at 120 million for pre-sale and ICO sales. Any excess COO tokens remaining after the pre-sale and ICO sale period will be burned. According to the developers, in each part of a two-part COO sale, the token worth can increase by $0.025 each forty eight hours, with COO acting as a worldwide transfer unit that affects the liquidity needed within the game market. Players will be able to use COO tokens with other titles in the Cootech Game ecosystem or keep them as a long-run investment. Coopet’s creators hope that it'll become the premier platform for online gaming in the future.

Coopet release Dates

According to promotion, Solo Arena will launch on September 20, 2018, with player rewards in the kind of COO or ETH tokens. The boss-hunting mode, Concentration Arena will follow on October 10, with winners rewarded with tokens or diamond eggs.

Looking to the future

With potentially huge rewards for companies that can successfully marry appealing gaming experiences with decentralized economies and the facility for players to own digital assets earned, traded or won in-game, Cootech may be well-placed to benefit from their virtual dragon-raising title, Coopet. If they do manage to live up to their own hype, Coopet would possibly only be the first in a long line of blockchain-based game titles from the developer.

United Kingdom-based digital bank,Revolut, offering cryptocurrency cash back

Revolut Metal is the latest offering from the United Kingdom-based digital bank, Revolut. It claims to come back cryptocurrency cash back on purchases, higher withdrawal limits, and even a personal concierge service. Offered at first to its 10,000 strong premium clients, Revolut intends to open the card to everybody in order to satisfy demand.

Revolut Metal Offers Crypto cash Back

“Wow,” Revolut’s company blog began in a post revealed on Thursday, “the response to the launch of Revolut Metal has been off the charts and we’re therefore happy that you’re as excited regarding it as we are.”

Revolut Metal is the UK digital bank’s premium service offering, rolled out initially to its existing premium clientele. They “only had 10,000 cards up for grabs yesterday, and whereas we reserved this first batch for our existing Premium customers, the remainder of you'll get the chance to bag a Metal Card shortly,” the company explained.

Exclusivity comes with a value, however: £12.99 or £120 annually. The card, literally metallic in color and texture, will kick back cryptocurrency on purchases, supply concierge service, higher ATM withdrawal limits around the world, and even travel insurance.

Soon, Commission-Less trading

The notoriously ambitious financial technology company is basically European centric, with over two million users. It has the distinction of being among the UK’s first digital banks, and one of the only startups in the industry to actually turn a profit. Until its Metal card providing, premium services were £6.99 per month, and very popular. In April, Revolut gobbled up a quarter of a billion dollars in venture capital ahead of its plan to enter markets in Asia and the united states as a commission-less trading platform to compete with the likes of Robinhood.

CEO Nikolay Storonsky assured, “We are completely convinced that Revolut Metal will be the exclusive card of the future, and an absolute must for travelers worldwide. The launch of Revolut Metal furtherly} a vital step towards the company generating additional revenue, particularly as we prepare to launch a commission-free trading platform and expand the business into North America and Asia later this year.”

Cash back for its Metal card begins at 0.1% for European transactions, at 1 chronicles outside Europe, and may be paid in one of 25 fiat currencies or 5 cryptocurrencies offered by Revolut. Company N26 was earlier to the metal/premium niche market, and its N26 Metal is slightly costlier per month whereas offering exclusive discounts and the requisite concierge service.

The Revolut Metal card is contactless, and weighs regarding three times that of a standard card. It reportedly is so made from steel, complete with paint chips layering, and also the user’s card info precision laser etched.

Liechtenstein Bank Aims to Become ‘Blockchain Investment Bank’

Liechtenstein bank Union Bank Ag announced it absolutely was issuing its own security tokens and in-house cryptocurrency backed by fiat in a press release Friday, August 17.

Union Bank, that has focused increasingly on blockchain this year, said issuing its so-called “Union Bank Payment Coin (UBPC)” was an additional step towards becoming a “full-service blockchain investment bank.”

UBPC will act as a stable coin, the institution explained, and will have fiat currencies “such as the Swiss franc” as its backing.

“Our goal is to become the world's first blockchain investment bank and to supply tangible solutions which facilitate drive efficiencies, reduce cost base and open up new revenue opportunities for our customers and intermediaries alike,” chairman of the board of directors Mohammed Hans Dastmaltchi commented within the release.

“...As such, our fiat-backed Union Bank Payment Coin has the potential to disrupt the approach to international trade and international cross-border transactions.”

The news came a similar week that major cryptocurrency exchange Binance launched a fiat-to-cryptocurrency exchange in the little European principality catering to both Swiss francs and euros.

Both Binance and Union Bank praised the jurisdiction’s pro-blockchain stance, indicating a desire to see functionality increase in time.

In partnership with Swiss blockchain advisory Verum Capital, Union Bank said it was now trying to introduce blockchain “throughout its processes and supporting technology.”

How to use google adsense auto ad

Google Adsense policy does not permit ads from different parties even though you are using AdSense. A single AdSense account can be utilized on multiple websites. There are several more ways to earn money online with Google.

Google will easily learn your traffic source and it might lead to account rejection. Indeed, Google has an advertising network named AdWords, which enables businesses looking to sponsor their goods or services to bid on keywords. Google have the ability to store cookies on users computers each time they visit a page in their advertising network. Actually, for Google to be credible as a brand it must make sure you offer results that aren't sponsored. As an example, Google will let you target your ads purely to those who have viewed a video on your homepage, or remained on your site for some period of time. Google does have a completely free version however, you can just listen to stations.

Google manages the rest. Google provides website resources and email content to allow it to be simple that you foster the solution and earn commissions. Google is widely called the number one search engine on the web. Google claims that it's intended to save producers time so that they can concentrate on creating content without having to be worried about managing monetization because AI will do the job in their opinion. Dependent on the audience of the website, Google displays targeted ads.

Code modification Any code given by Adsense has to be used with no modification. You've got to just copy a single ad code and need to place that code on your webpage. Provide your Google Analytics code here and you are finished. The next thing to do is to have the needed code for your internet website to finalize the setup. You're able to select among the list of kinds of ads that you need to keep on your pages. You've been gone though it that Adsense ad placement articles on a website that is much better than the center of the website or on the site.

There are two methods to use AdSense with Blogger. Yes, it's tough to get Google Adsense account activated but not not possible. If you're really interested in using Google Adsense to advertise then it's highly important you're mindful of their policies. Your very first step will be actually registering for Google AdSense. Now have ads set on your blog by machine learning, because of Google Adsense auto ads Google Adsense is among the best when it has to do with advertisements. Google Adsense being the ideal publisher platform, everybody wants to join it. Google AdSense is the very first selection of those who wish to make money from their blogs.

AdSense is sole revenue source of several significant sites. AdSense is a free, simple means to earn money by placing ads on your site. For the purpose AdSense allows publishers to generate their own choices. Google AdSense has been a favorite choice through the years. Google Adsense is a superb method to create money from site viewership.

You have to select ad types that you prefer more. For that reason, it's far better to remove any video ads if your internet page have some. Therefore, if you don't optimize your ads for the moblie you might shed a wonderful sum of money. Auto ads will automatically begin working. They uses machine learning to determine what type of ads to show and where ads should be placed and how many ads should be placed on a page. Therefore, when you haven't implemented Google Auto Ads, simply do it today.

If you're thinking about adding more ads in your site to earn more cash, that's really not wise. There are 4 kinds of In-page Ads, maybe you didn't activate all them. You also observe that several ads for Reputation Management companies are along the faces of the complaint website, advertising which they can remove negative sites like the one which you're on. The ads will attempt to fit your site content, thus increasing the probability people will click the ads and you'll get paid. Monetizing a site could be simplified with just a single plugin which helps manage and place Google ads. Moreover, the ads will show only if they give a great user experience for your readers. The next time you're taking a look at a Google Adsense text ad, go ahead and attempt to click the text between the title and URL, you will notice you can't.

Showing advertisements on your website is an extraordinary process to acquire cash online. The ads are made and paid for by advertisers who need to market their goods. 1 ad creative could be associated with numerous advertisers. In-post ads get the very best click-through speed. The top paying ad will reveal on your website.

Crypto Mining By Mobile Phones

The recent times have seen the cryptocurrency area expand by leaps and bounds and the most recent watershed moment that the industry has seen is the introduction of mining cryptocurrency using mobile phones. Leaving the era of using hefty supercomputers to mine them behind, we are currently entering into a phase where modern users can mine virtual currencies with the convenience that comes with our handy smartphones.

Traditionally, the method of crypto-mining is a tenuous, time- intense task, with a dedicated computer hardware being needed to harness the power of a specialized graphics processing unit (GPU) chip or an application-specific integrated circuit (ASIC) to do so. In addition, a miner would need an uninterrupted net connection, an original software package for mining, and memberships with online crypto exchanges and mining pools. Using these, the miners compete with one another to resolve complicated mathematical problems to record transactions also as generate fresh currency. Hash values for unique data identification are solved  by miners to call dibs on a fresh block of currency while earning rewards.

However, 2018 has seen mining effectively move out of this hefty domain into a much more accessible one: one of the smartphones. While earlier we've seen mobile applications mimicking mining on phones, the foremost recent development permits users to truly harness the power of their mobile phone hardware to mine coins and generate fresh blocks of currency. With the hash rates going up to about 100 h/s depending on the model type or even more if the device hardware permits, mobile-mining can allow enthusiasts to carry on mining with greater mobility and ease than what traditional computers offered.

Interestingly, a new offering, the MIB coin, is ready to move into this space with its initial coin offering that opened up on 20th July. The coin is also likely to be listed in some of the biggest crypto exchanges in Hong Kong over the coming 2 months.

Keeping time, costs and power usage low, MIB coin is the latest providing in the mobile-mining space and offers a profitable way to mine cryptocurrency simply and comfortably for anyone with a smartphone. It looks like the boons of modern technology are boundless and we can only hope they never cease.

100 BTC Whistleblower Reward

In today’s edition of Bitcoin briefly we cover a couple of stories that show how the cryptocurrency industry is attempting to police itself. One group of companies has begun functioning on the formation of a self-regulatory organization and another has created a 100 BTC whistleblower reward pool.

Crypto Self-Regulatory Organization

A number of corporations have collectively formed a working group to do and establish an industry-sponsored, self-regulatory organization (SRO) for cryptocurrency marketplaces operating in the USA. Initial participants in the Virtual Commodity Association (VCA) working group will include: Bitstamp, Bitflyer USA, Bittrex, and Gemini Trust. The VCA will have an executive director, independent board, and be tasked with establishing a framework for industry best practices. The VCA interim executive director will be Maria Filipakis, former executive Deputy Superintendent at the new york Department of financial Services (DFS) which created the state’s Bitlicense.

“We’re proud to be a section of the Virtual commodity Association as a way to add another component of protection for consumers,” stated Nejc Kodrič, Bitstamp chief executive officer. “We believe in the value of self-regulation, which we pursued in Europe nearly from our inception, and look forward to following a similar path in the U.S. those that can’t or won’t accommodates regulations put consumers – and their own operations – in danger.”

100 BTC Whistleblower Reward

Another group of actors in the business (including Ecoinmerce, ICO Alert, GZH, Step VC, and New Economies) has created the Crypto Community Watch, a program that provides an anonymous tip line to report wrongdoing. The group has provided a total of 100 BTC to be used as a reward pool for whistleblowers, that means people with information on fraudulent or illegal activity from within the industry. They explain that if reported information leads directly to the arrest or legal punishment of a bad person, the whistleblower liable for it will receive a portion of the reward pool. and every one submissions will be investigated by Crypto Community Watch members and sent to applicable law enforcement agencies when appropriate.

“From the recent exchange hacks to the nearly-weekly reports of fraudulent projects taking off with investors’ money, it’s clear that crypto has a drawback,” said Ecoinmerce COO Rex Chen. “Enough is enough. It’s up to the industry first and the regulators second to clean up the ecosystem. If you spend your time hacking, scamming, or intentionally misleading investors, your time is up.”

See How Countries Can Develop Sovereign Crypto Economies Efficiently And Cost-Effectively

There are several countries these days that still don’t have a currency of their own as well as Ecuador and Marshall Islands. Several of them are little countries that can’t afford expensive  printed fiat currency management.

The emergence of sovereign cryptocurrencies has presented a new method for countries to be currency independent and form a new identity as a key player in the sophisticated digital economy. For this reason, the mission to implement digitized currency on the blockchain – also mentioned as ‘sovereign cryptocurrencies’ – has become the goal for several of these countries’ central banks and governments.

In fact, countries like China, England, Russia, Japan, Sweden, Australia, Netherlands, Singapore, India and others have all been seen to be testing their blockchain-based cryptocurrencies.

Ecuador looks to have been ahead of the pack in this department when it became the primary country to roll out its own government back digital currency. Ecuador’s Sistema de dinero Electrónico (electronic money system), hosted the first-ever state-run electronic payment system in the world.

For different countries, cities or nations striving to do the same, it takes over just the flipping the switch off from fiat to crypto cryptocurrency. In Ecuador’s case, their journey began in 2000 when the country of sixteen million people ditched their stumbling currency for the U.S. dollar so they had no choice but to seem for an alternative solution to their currency problem.

Countries need to be serious in developing a new crypto economy around their own cryptocurrency for long-run sustainability. Simply making currency and selling that as a digital asset/commodity to global voters through ICO or exchanges won’t produce their own crypto economy. The method for cryptocurrencies to be on its way to be a global reality are often accelerated with careful thought of five key parts that glue us together to make an economy:

1. Members of the society

Key members such as government, citizens, visitors, banks, entrepreneurs, software system developers, schools, and hospitals all make up a well-functioning society. the needs|the wants} and requirements of these players should take the lead in navigating the rollout of a sovereign cryptocurrency because they create up identity management and systems.

It’s important for governments or companies issuing sovereign digital currencies to consider what their citizens need in their daily lives. This involves basic tasks like buying groceries, paying rent and paying different utility bills. Let’s face it, if citizens are unable to hold out basic tasks like paying for their lunch in sovereign cryptocurrencies, then that will defeat the aim of issuing it.

2. The function of a currency

Governments and central banks nowadays pay a lot of money on paper currency printing,  regulation, usage and typically even the burning of that cash. Sovereign cryptocurrencies can eradicate all the administrative costs and processes that go along with paper money, but that does it's not as simple to implement as it sounds.

Organisations who need to issue sovereign cryptocurrencies need to decide how they need to structure it. This implies considering what the processes are, however they generated, circulated and stored.

Let’s take Chandler city placed southeast of Phoenix Arizona an example. If the town council would like to issue a Chandler coin, as long as they're issued on an Ethereum network, they may list on an exchange. However to flow into such a currency could be a complicated task. Blockchain technology software system development will be the most effective solution to assist governments with cryptocurrency generation, circulation, storage, usage and burning.

3. Identity management

 Identification is the most vital issue for people or businesses. Traditional identity method can be integrated with blockchain primarily based identity management to make it more secured. A simple to use Identity API, which might be customized for this purpose can facilitate with this method.

This perform can be helpful for a government welfare profit distribution method. During this case it’s necessary for the government welfare system to know specifically who needs to receive a contribution and how much. This will even be used for business-to-business transactions so that companies recognize specifically who they're working with.

4. Document storage

 Governments have the responsibility to manage necessary records (ie. birth, death, marriage, divorce certificates), registrations (ie. Land and, home, car, boat etc.) and financial documents for citizens.

Using blockchain technology, existing and new documents are often managed simply and firmly. Systems can be put in place to generate, distribute, store, authorize and even shred documents.

Distributed web technology will change these systems, however, this has to be developed for the needs of storing and tracing documents.

Again to implement a system like this can be expensive and time-consuming. All governments need is a blockchain technology software development kit that they can merely implement.

5. Systems, device, applications and smart contracts

 Scanners, Bar/QR code readers, mobile or web applications, existing IT systems are used to process day-after-day transactions of members. These devices and systems should be enhanced to handle blockchain based mostly transactions via Apis and smart Contracts.

Even with the fundamental daily activity of going to a grocery, an individual is exposed to all these systems. Let’s take shopping for milk for example, when someone goes to pay for the grocery item they have to scan the barcode on the milk carton and then take out their credit or card to pay via the card machine, which has sensors to take their payment. During this case, the payment process part can be enhanced with the utilization of cryptocurrencies. It can be quicker and a lot of efficient both for the businessperson and the customer to transfer payments.

Taking these 5 elements into consideration in the rollout of a sovereign cryptocurrency, governments need confirm they’re making a crypto economy that's as open source as it can be. They must use existing and popular blockchains as a result of they're proven to be additional scalable. Basically they'd need to engage a developer community who can develop apps for the govt at no cost.

It’s not suggested for governments to create their own blockchain because it defeats the aim of having a cryptocurrency, which becomes expensive  to manage in the long run. The best way to begin is to make a sovereign currency and creating it as stable coin that has low volatility. Users can eventually convert their existing fiat to crypto. From there, the govt can encourage basic financial transactions such as sending, receiving, storing, buying, selling and paying bills with cryptocurrency. Once all the systems and applications are in place for citizens to perform these transactions then the sole factor that’s left is to educate users on how sovereign cryptocurrencies work. Education is the most challenging half, but this should become easier over time.

Cryptocurrency Offering By Japan’s Biggest Chat App

Line Corporation, a Japanese internet firm and also the operator of the country’s most well-liked messaging app, has added Tron (TRX) to its cryptocurrency exchange platform Bitbox. Tron is the 1st crypto-token to pass the review method by the Bitbox open-listing committee and joins different cryptocurrencies already available in the platform as well as Bitcoin, Ethereum, Litecoin, Ripple, and Stellar.

Bitbox, which said it had been currently focusing on increasing the range of choices available for customers, is accepting applications from different crypto-tokens that wish to join the exchange and that are ready to undergo a thorough evaluation process.

Tron is building the infrastructure for a decentralized internet. It launched its testnet in March, its mainnet in may, and testnet virtual machine on testnet in July. That same month, Tron acquired file-sharing software provider BitTorrent.

“Tron contains a solid tech platform, particularly now it has joined forces with BitTorrent,” said Youngsu ko, chief executive officer of Line tech plus, Line’s Singapore-based subsidiary that operates Bitbox. “We expect to building a strategic partnership with Tron and offering our users the best experience obtainable in the cryptocurrency house.”

New token venture fund

Line has also declared the launch of a new US$10 million token venture fund called Unblock Ventures. The fund will focus on token investments with an initial commitment made by LVC Corporation, another Line group company. The fund is expected to expand in the future, according to the expansion of the blockchain industry.

By launching the new corporate token fund, Line said it aims to “boost the development and adoption of cryptocurrency and blockchain technology.”

Line unveiled plans to get into the fintech business earlier this year. The firm established a new company, Line financial Corporation, as a follow-up to Line Pay and to further reinforce its position in monetary services.

The new company focuses on making and providing a variety of monetary services that tackle cryptocurrencies, lending, and insurance, all from the line messaging app.

Line is also considering applications of blockchain technology in countries with underdeveloped financial infrastructure to enable services such as the flexibility to pay utility bills via mobile phone.

Top Five Popular Cryptocurrency 2018

This is a video presentation for top most popular cryptocurrency in 2018. 

Viewers Will Be Rewarded With Crypto Tokens By Pornhub Subsidiary

Tube8, an adult video service and subsidiary of Pornhub, has partnered up with with the Vice Industry Token (VIT) to pay viewers for interacting with its services.

Hard Fork reported that the partnership is aimed toward totally tokenizing Tube8's platform. The streaming service will insert VIT tokens onto its web site and reward guests for watching or otherwise interacting with adult videos. Tube8 interpreter Robin Turner told Hard Fork that "getting paid to watch porn was always a fantasy," according to the report.

Prior to the launch, VIT chief executive officer Stuart Duncan mentioned, the platform will migrate from the ethereum blockchain to a forked version of the steem blockchain referred to as graphene.

"VIT uses [delegated proof-of-stake] and is totally decentralized. [It] is the only true working fork of steem in existence," Turner added.

Tube8 joins Playboy TV and Stormy Daniels in integrating the cryptocurrency to its platform. Both Playboy TV and Daniels declared earlier this year that they might use the token as a reward system for viewers.

What of the inherent issues with deflationary currency?

When Bitcoin mining gets too competitive and not as profitable, some miners decide to stop their activities. Owner-managed businesses usually prefer retained profits since they need to keep the control of assets and company operations. Conflicts between what's great for the organization and what's fantastic for your team.

As a condition of IMF funding, the customary government cutbacks are likewise being required. It's well worth reading in the event you desire a better comprehension of economics. Which is even more reason that Iceland, which isn't yet a member of the EU, may want to reconsider its position.

A number of the Online Counseling sites out there are run by business individuals who are web-savvy and who'd love to provide help. You are able to see a number of the exact keyword phrases and problems in the sign. Maybe you are searching for stress management strategies or ways to control your anxiety and panic.

The notion of innovation is now encrusted by myth. People kept saying Space travel is merely costly and that's the way it's always likely to be. A prolonged leave at the close of the undertaking might also be effective.

If you're selling a business please work with an expert to help you determine a selling price. The purchase price could be significantly higher than both of the other options, and that's fine. The other limit involves the last display way of your photos.

Although unlike Bitcoin, their whole energy consumption isn't transparent and cannot be as easily measured. Both are required to make sound decisions. In the instance of Bitcoin, there's no present evidence that it is going to ever be employed to purchase lattes or Teslas.

As more people begin to mine, the difficulty of locating valid blocks is automatically increased by the network to make sure that the typical time to discover a block remains equal to ten minutes. Conversely, setting a selling price that's too low isn't good in that a business proprietor isn't realizing the fullest value for their company. Sometimes you need to inspect the tone of communication.


So, default risk is also the very first factor determining to what degree your bond will pay you. The harder it is to come across folks to purchase your bonds the more interest you've got to pay to attract them. Cash, charge cards and present banking systems widely surpass Bitcoin in terms and conditions of their use to fund crime.

Inadequate communication, absence of engagement, and shortage of attention during virtual meetings are a couple of the warning signs a high-touch environment hasn't been achieved. When great minds get together to tackle an issue, they realize this in order to solve it completely, they might need to generate more than 1 solution. The majority of users may also put pressure for a number of alterations to be adopted.

As an example, cows can be put to use as a currency but they may also be eaten or milked. The very best thing is that will not have any chance of losing this money as you would in the stock exchange or another investment. There's no guarantee that the purchase price of a bitcoin increases or drop.

Fiat-to-Crypto Exchange

Binance LCX, a joint venture between Binance and Liechtenstein Cryptoassets Exchange (LCX), has declared the launch of a fiat-to-crypto exchange, according to a press release published August 16.

The new trading platform will be situated in Liechtenstein and provide trading between Swiss Francs (CHF) and euros (EUR) against major digital currencies pairs, afterwards adding more trading pairs following regulatory approvals.

Binance will offer and support the platform, while Binance LCX will lead client support, regulatory compliance, and government communication. Adrian Hasler, Prime Minister of Liechtenstein, commented the launch:

"We are confident that Liechtenstein's existing and future legal framework and practice provide a robust foundation for the Binance LCX and other blockchain companies to provide exceptional services here in Liechtenstein."

Liechtenstein has taken a friendly and open stance towards cryptocurrencies and blockchain technology, echoing developments in neighboring Switzerland best-known for its “Crypto Valley” in the canton of Zug.

Recently, Liechtenstein introduced a new blockchain law that provides legal and regulative certainty for businesses and customers. In an interview with Cointelegraph, Hasler said that the country sees great potential in blockchain technologies, adding:

“Blockchain can serve as an important base for a variety of economic applications, covering not only payment transactions but broader financial solutions, industry use cases and general applications.”

In March, Liechtenstein lending institution Bank Frick began providing “direct investment” and cold storage for 5 cryptocurrencies; Bitcoin, Bitcoin cash, Litecoin, Ripple and Ethereum. The service is aimed primarily at “professional market participants and monetary intermediaries.” The bank’s Chief client officer Hubert Büchel claimed that their crypto-related services “are in demand from companies across the whole of Europe.“

Freelancer’s Marketplace Powered by Bitcoin Cash

Three days past a new freelancer’s marketplace was launched known as Fivebucks.com, a platform that enables individuals to buy and sell services for only $5. The new web site has seen an influx of listings since it launched and all the payments, each inbound and outbound, utilize the peer-to-peer cryptocurrency bitcoin cash.

Every Service on Fivebucks.com is just five dollars in Bitcoin cash

This week a new freelancer’s marketplace has launched that enables individuals to list and complete a wide array of services for only 5 usd. All a user has to do is register with a valid email and they can either add a listing or peruse through the eight categories of services offered on Fivebucks.com. The eight sections of listings include tech, fun & lifestyle, business, digital marketing, graphics and design, writing and translation, video & animation, music & audio, programming.

The creators of Fivebucks explain the charity @eatbch inspired them to launch a platform that bolsters the gig economy with simply alittle fraction of bitcoin cash (BCH). “Thanks to bitcoin cash, anyone with an internet connection can get paid for their work directly without intermediaries and regardless of where they're from,” explain the Fivebucks founders.

"All payments and seller payouts are done in bitcoin cash — Sellers can withdraw their earnings in bitcoin cash in one click."

Fivebucks Co-Founder: ‘Bitcoin cash is the only Major Crypto that's Reliable as Digital Peer-to-Peer Cash’

At the moment, Fivebucks has 85 active listings, and 166 sellers within the marketplace. Co-founder of Fivebucks.com and he explained why the website was created and more significantly why the team chose to utilize BCH payments for marketplace services.

“[We started Fivebucks.com] to create something that's competitive, offers worth and fosters BCH adoption — the site, in my opinion, generates incentives both for sellers and buyers to start using bitcoin cash — i like to think of Fivebucks as an adoption engine,” the co-founder of Fivebucks.com details. “On one hand it incentivises business owners in first world countries (but not only) to learn how to use bitcoin cash so they can save money and outsource small tasks for cheap.”

"At the same time, it incentivises freelancers (from poor countries but not only) to learn how to use bitcoin cash because there will always be demand for $5 listings. [We decided to use bitcoin cash] because it is the only major crypto that is reliable as digital peer-to-peer cash."

Right now you can buy an assortment of fascinating services for only 5 dollars in BCH per service which includes getting a cartoon portrait drawn, debugging python script, tarot reading, vector graphics, and even someone who will say anything you want on video for only five bucks. The creators of the freelancer’s marketplace also have published a walkthrough on the social media platform Yours.org called “Advice for Sellers” which gives a rundown of ways individuals can improve their chances of selling on the platform.

Looking to Launch a Central Bank for Cryptocurrencies in a South American Country

Venezuela is reportedly trying to lunch a central bank for cryptocurrencies, as the country’s National Constituent Assembly is getting ready to reform the Venezuelan Constitution to incorporate it, along side a court above its Supreme Court.

According to Reuters, information on the event was provided by Hermann Escarrá, that the outlet describes as “one of the most influential  members of the assembly that prepares the changes to the 1999 Constitution.”

A draft of the changes to the country’s Constitution is ready to be given in thirty five days to the board of the Constituent Assembly. Per Reuters most of what will modification remains unknown as upper-level government officials have only generally addressed the move. Escarrá discovered, however, a central bank for cryptos is returning.

He was quoted as saying:

“There will be the central bank with its functions in exchange, monetary and financial policy and the central bank are going to be incorporated.”

The changes will reportedly include the Petro, a controversial oil-backed cryptocurrency Venezuela launched ealrier this year, and a “e court of constitutional guarantees” that’s set to be above Venezuela’s Supreme Court.

After launching the Petro, Maduro ordered many state-owned firms to simply accept it, and has disclosed the country “may” charge for exports in it. Venezuela notably tried to supply India crude oil at a 30 percent discount if it paid in Petros, a discount India refused.

The cryptocurrency is seen as a way for the country to attract foreign investments and bypass international sanctions. Century-old think tank Brookings Institute has claimed it undermines legitimate cryptocurrencies, and president Trump banned USA citizens from the cryptocurrency, a move Venezuela touted was “free publicity.”

Per Escarrá, changes to the Constitution will see Venezuelan companies have bigger access to foreign investment, specifically within the oil sector. He stated: “there will be an opening, provided that the State has the majority.”

The development comes shortly once Maduro declared a brand new fiat currency known as the Bolivar Soberano (Sovereign Bolivar), which is about to assist take five zeroes faraway from the bolivar, Venezuela’s current fiat currency. As CCN reported, the Bolivar Soberano is about to be pegged to the Petro.

Venezuela has been handling an ever-increasing rate of inflation, which according to Bloomberg’s cafe Con Leche Index is currently seeing one cup of coffee price two million bolivars, up from 2,300 in the past twelve months. The government’s moves are presumably being created to hinder its inflation’s growth.

Now Get Paid (a Little) for Using Bitcoin's Lightning Network

Those running lightning hubs are procuring some additional bitcoin.

Trumpeted as an approach to scale bitcoin to deal with standard reception, there's a lesser-known liven to turning up a lightning hub to enable clients to send cheap , instant payments – you can profit.

To be clear, we're not talking in particular.

The present normal expense on the lightning system times in at around one satoshi, worth a small amount of a penny, per bounce (so every time a hub courses the exchange to another hub). Thusly, one of lightning's conspicuous application engineers, Alex Bosworth, revealed a month to month wage of generally $2.

In spite of the fact that the benefits are quite pitiful now, they could be an indication of how the system will create after some time.

The lightning system is the thing that the name infers: a system. With a specific end goal to send an installment to somebody, the installment will normally bob over a few distinct hubs previously it achieves the beneficiary – like the old-style mail transporters passing letters or bundles from individual to individual to get it to its goal.

On the system, every hub administrator has the choice of charging a little expense for conveying the installment a mostly.

Since this expense advertise is as of now rising, it shows that crypto devotees are more than willing to go for broke (individuals utilizing the early lightning system right currently have really been named "careless" by the convention's engineers).

Addressing this, Bosworth as of late tweeted:

"I think for many people, even OG HODLers, the satoshis earned for providing routing will be among the first bitcoin they ever earn outside of coin trading."

Tweaking the fee

In any case, there are a few obstacles to procuring satoshis with lightning.

Until further notice, taking part in the lightning system takes some specialized know-how and a considerable amount of advanced stockpiling limit. Any individual who needs to highway a lightning installment needs to download bitcoin's whole exchange history, almost 200 GB of information, and afterward download the lightning programming over that.

At present, there are no less than 3,000 hubs on the system.

In the wake of turning into a hub, the client needs to refresh the default charge include, which is set at zero. For the LND execution of lightning, a standout amongst the most well known, this capacity to change the expense and screen the amount you're winning from the charge is generally new.

"In LND, it used to be that you couldn't perceive what sort of charges you were gaining, yet that component was included and that impelled more expense action," Bosworth told CoinDesk.

However, something else to remember is that clients are contending with each other here.

Keeping in mind the end goal to get more individuals to utilize their hub as a bounce in their course, hubs can't charge excessively (that is the reason Bosworth's expenses are so low).

Be that as it may, even the most minimal of expenses are at times ignored. For reasons unknown, at the present time, numerous lightning hubs aren't charging any expenses; it's conceivable a large number of the hubs are simply lightning devotees that aren't stressed over profiting from their advantage.

All things considered, Bosworth trusts a few clients are most likely maintaining a strategic distance from his hub.

Furthermore, the clients that do course installments through his hub, Bosworth surmises, those are most likely just clients that don't have some other course alternatives for getting their installment where it needs to go.

Explanations behind fees

While it's difficult to know how the market will advance now, engineers accept there are gainful purposes behind permitting charges.

"You need the framework to work not on the grounds that individuals have caring hearts," Ben Woosley, an engineer of the lightning wallet application Zap, told CoinDesk, including:

"As the network grows and a smaller portion are using it for ideological reasons, fees will move toward a more economic outcome."

Regardless of whether charges stay modest, Woosley proceeded with, they can be helpful for various reasons.

For one, the system needs liquidity. Every lightning hub has a specific measure of "liquidity," or how much cash can be steered through it in light of how much cash the administrator has secured up in the channel. Channels with more cash will have the capacity to help greater installments or numerous more installments, and in light of that administration may have the capacity to charge for those bounces, Woosley contended.

In addition, charges likewise "give an approach to hubs to urge or debilitate individuals to join their channels," Woosley included.

Along these lines, lightning designers have even organized a negative expense for the situation where a hub really needs to pay clients for steering cash through them. This may happen if, for instance, a channel comes up short on cash one way and should be "rebalanced" with more subsidizes.

What's more, Bosworth notes, specific lightning installments, for example, those exchanging one cryptographic money for another, will be more intricate and all things considered, could be spendier.

Foreseeing fees? 

However, as indicated by Bosworth, "This is a market, so anticipating [costs] will be super intense."

All things considered, numerous designers trust expenses will remain very low later on also.

For a certain something, the expenses of turning up a hub and directing installments by means of the lightning system are not that high. Indeed, it requires some investment – additional time than downloading a customary versatile installment application. In any case, it doesn't have a considerable measure of money related expenses.

Hence, lightning system co-creators Tadge Dryja and Joseph Poon anticipated in 2016 that charges would be "successfully zero." And, up until now, their expectation is holding up.

"I think the installment directing framework will in the long run settle to what is fundamentally only an 'I scratch your back, you scratch mine' level," pseudonymous lightning engineer ZmnSCPxj said.

At the end of the day, the engineer surmises that directing individuals' installments for a microscopic charge will be done as such that others will course their lightning installments for shabby also.

What's more, with that, many trust that lightning installments will be far less expensive than current online installment frameworks – a situation that will energize long-term bitcoin devotees that were energetic about the innovation due to its capacity to overturn the inheritance frameworks.

"Visas charge around 3 percent, so lightning will most likely be requests of extents less expensive than Mastercards," Woosley stated, finishing up:

"My expectation is [lightning fees] will be negligible, like less than a cent, forever."