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  • Nano Maintains Momentum With Important Listing On Changelly.com

    November 11, 2019 – Following the momentum of a successful network upgrade, the Nano ecosystem has been strengthened by a string of exchange listings, most recently the addition to cryptocurrency instant exchange platform Changelly.com. The platform offers users worldwide a simple way to purchase the popular cryptocurrency directly, using a credit or debit card. “After investing a substantial amount of time and energy into making the Nano node easier to integrate, it is encouraging to see a succession of new exchange listings and service integrations following the Solidus upgrade,” – said Colin LeMahieu, Nano founder. There is a strong sense of optimism and intent surrounding the fast and fee-less cryptocurrency after a procession of promising news. Recent declarations of intent to implement Nano from the established cutting-edge electronic point of sale company, Kappture, and budding new crypto-payment startup, Appia, have resonated well with the cryptocurrency community who understand the importance of the pursuit of adoption. “I am very excited for the Nano partnership and feel this really is the ultimate showcase of innovation, security and creativity. I look forward to…

    Nov 13, 2019
  • Bank of Tanzania Warns Public Against Use of Cryptocurrencies |

    Bank of Tanzania in a public notice has warned the public against using cryptocurrencies. Furthermore, the notice states that cryptocurrencies are not legally authorized in Tanzania. Tanzanian Shilling – The Only Acceptable Legal Tender The notice further mentions that it has noted a growing trend among the public engaging in cryptocurrency-based activities. Also, the latter highlights the fact that some entities in Tanzania are marketing the perception that cryptocurrencies are legal tender in the country. The Bank cleared its stance about the use of virtual currencies. Twitter Facebook reddit Pinterest Hacker News LinkedIn Tumblr Google+ VKontakte Source- Twitter Furthermore, the bank has warned the public against the trading, marketing and usage of virtual currencies. The reason for the same has been stated as the violation of existing foreign exchange regulations. As a matter of fact, the Bank of Tanzania is the sole institution in Tanzania to issue banknotes and coins in the country. The latter has declared that the only acceptable and used legal tender in the country is the Tanzanian Shilling. Bank Of Tanzania Conducted Study to Assess the Impact…

    Nov 13, 2019
  • Paxos Debuts Fiat Gateway With Binance Crypto Exchange as Its First Client

    Leading cryptocurrency exchange Binance became the first cryptocurrency exchange to implement the fiat gateway of stablecoin operator Paxos. On Nov. 12, Paxos announced the launch of its Fiat Gateway, a service that allows its users to swap between dollars and stablecoins on a one-to-one basis. A deepening collaboration While the service has been available to Paxos users since May, Binance has fully integrated it, making it available to all of its customers. Binance CEO Changpeng Zhao hinted that the two companies could deepen their collaboration further in the future: “The new Fiat Gateway is the fastest, simplest U.S. dollar on/off ramp for our customers. We look forward to working more closely with Paxos to integrate additional solutions.” The two firms have worked together in the past. In June, Paxos allowed its user to deposit fiat currency onto its platform and have the balance appear directly in PAX stablecoins in their Binance accounts. In September, Binance partnered with Paxos to jointly launch a new U.S. dollar-backed stablecoin regulated by the New York State Department of Financial Services. An interoperable, open system…

    Nov 13, 2019
  • Bitcoin Mining IPO Could be the New Gold Rush

    Bitcoin mining giants Bitmain Technologies and Canaan Creative seem to have found a new area of competition — launching a U.S. IPO. Both companies are set to go head to head in trying to one-up the other in what could be the first-ever crypto-related public offering in the United States. Bitcoin Mining Giants Seek U.S. Market Many commentators have likened the crypto space to the Wild West and others have described bitcoin as digital gold. Now, Bitmain and Canaan Creative are figuratively spearheading a U.S. bitcoin mining rush akin to the gold rush of the 1860s. Moving on from leading the Bitcoin mining space, with both companies controlling major portions of the arena, the pair have put plans in motion to expand their business by inviting U.S. investors. There appears to be a sense of desperation about the aspirations of these two companies to float their U.S. IPOs. In 2018 Canaan Creative filed with the Shenzhen Stock Exchange in China through a reverse acquisition, a plan that fell through. The company later filed a $1 billion IPO with the Hong…

    Nov 13, 2019
  • Ethereum employment app Opolis integrates Fortmatic’s web3 ID solution

    Opolis, a project building a next-generation employment ecosystem for the self-sovereign worker, today announced a new partnership with Fortmatic to utilize web3 identity authentication. The partnership will allow Opolis members to easily access their employment accounts with their email or phone number and have their identity authenticated through Fortmatic on the Ethereum blockchain. Features of Opolis’ Fortmatic Integration Through membership with one of Opolis’ Guilds, or Decentralized Employment Organizations (DEOs), freelancers, creatives, consultants and gig workers can access the same high-quality benefits and services as full-time workers while remaining independent. Opolis will offer health insurance, cryptocurrency, and traditional retirement plans, tax compliance automation and more to Guild members. Through the Fortmatic collaboration, Opolis will also offer Guild members the ability to: Onboard the Opolis employment ecosystem easily with an email or phone number; Securely connect to Opolis’ platform through Fortmatic’s identity (ID) authentication; Stake Opolis DEO membership using an authenticated identity; Create and access a Fortmatic wallet for token storage and trading; Connect with other web3 dapps utilizing a Fortmatic ID. Opolis members will have the option to use Fortmatic’s…

    Nov 13, 2019
  • News of News For Bears and Bulls

    Bitcoin and most cryptos have become kind of boring price wise in a first for a very long time, but there’s actually quite a lot going on as cryptos enter that phase of doing, rather than just talking. Well, beginning to enter that phase. There’s still people talking about doing, including an electric bike manufacturer, Greyp, which is apparently thinking of using the blockchain to allow or disallow access to bikes. Nonsense is the first thing that comes to mind, but you’re familiar with Boris bikes, or shopping trollies where the concept is the same. You put a £1 coin in some slot, and now you can ride the bike through mechanic magic. A £1 coin used to be in everyone’s pocket. Nowadays with contactless card payments, cash – let alone a specific £1 coin – is a bit difficult to find. So why not upgrade the same concept and digitize it? Replace the £1 coin with a QR code, and instead of mechanically changing gears, you digitally do it. It’s the future, because where we’re going, cash will probably…

    Nov 13, 2019
  • Despite Denials, Tron Founder Confirms Investment in Poloniex Crypto Exchange

    Justin Sun, founder of crypto platform Tron, said he is part of the investor group that recently acquired Poloniex from fintech firm Circle, after denying his involvement initially. Speaking at a joint Tron-Poloniex event live-streamed over Twitter on Tuesday, Sun said Tron was among several investors in the exchange, but the exchange is operated independently from his company. Founded in 2014, Poloniex was acquired by Circle in early 2018 for $400 million. The exchange, which once commanded more than 50 percent of exchange transactions, has seen steadily dwindling volume in recent times. Before its recent dispersal, Poloniex had little more than 1 percent of the exchange market. “Poloniex is one of the biggest exchanges in our industry,” Sun said. “I think the exchange is going to grow and that’s why we collaborate with it to have more initiatives.” Those initiatives include listing Tron’s tokens on Poloniex and an airdrop campaign of USDT and TRX20 for users on the platform in the next few weeks, Sun said. While Sun said Tron will also collaborate with Poloniex on trading, he declined to…

    Nov 13, 2019
  • the Decline of Cryptominers Continues, as Emotet Botnet Expands Rapidly |

    Check Point’s researchers report that for the first time in almost two years, a cryptominer does not top the ‘top malware’ index SAN CARLOS, Calif., Nov. 12, 2019 (GLOBE NEWSWIRE) — Check Point Research, the Threat Intelligence arm of Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a leading provider of cyber security solutions globally, has published its latest Global Threat Index for October 2019. The research team reported that for the first time in almost two years, cryptomining malware no longer tops the ‘most wanted’ list. Cryptominers’ usage has been declining steadily since peaking in early 2018.  In January and February of 2018, over 50% of organizations globally were impacted by cryptominers, falling to 30% of organizations in January 2019.  In October 2019, cryptominers impacted just 11% of organizations worldwide. October’s most wanted malware was the Emotet botnet, up from 5th place in September and impacting 14% of organizations globally.  At the end of the month, Emotet was spreading a Halloween-themed spam campaign. The emails had subjects such as “Happy Halloween” and “Halloween Party Invitation”, which included a malicious attachment with…

    Nov 13, 2019
  • Warren Wealth Tax Would Cost Mark Cuban 500 Shark Tank Deals

    Mark Cuban would pay over $100 million in the first year under Elizabeth Warren’s wealth tax. The Shark Tank star has suggested an ulterior motive behind Warren’s radical ideas. Billionaire Tom Steyer has criticized Cuban over his attacks on Warren. The list of billionaires attacking Democratic presidential candidate Elizabeth Warren’s wealth tax plan is growing. Some have warned that her policies could have a drastic effect on the U.S. economy, including crashing Wall Street. Now the billionaire owner of NBA team Dallas Mavericks and Shark Tank star, Mark Cuban, has offered an explanation for Warren’s radical ideas: They’re designed to hide how rich she is. Per Cuban, the Massachusetts senator proposed a wealth tax to “divert attention from her income and net worth.” Mark Cuban: Elizabeth Warren is a Multi-Millionaire The billionaire went on to brand the senator who has campaigned on a platform of addressing the growing wealth inequalities in the United States “filthy rich.” According to Cuban, the only other Democratic presidential candidate wealthier than her is Tom Steyer. Forbes says her networth is north of $12m ….

    Nov 13, 2019
  • C++ Creator Laments C++ Use in Bitcoin Mining Operation

    Bjarne Stroustrup, a Danish computer scientist and the creator of C++ programming language, has vented his frustration with use of C++ in Bitcoin (BTC) mining. Stroustrup made his remarks during an interview for Lex Friedman’s podcast released on Nov. 7. Speaking with Friedman, Stroustrup provided an extensive insight into the evolution of C++, the language’s concepts, implementations and efficiency. Although Stroustrup noted that programming languages generally have large user bases that use them in ways they were not designed for, he expressed disappointment that Bitcoin’s creator, Satoshi Nakamoto, chose C++ as the fundamental language to write the original implementation of Bitcoin’s source code. Outrageous amounts of energy and suspicious use cases Stroustrup continued saying: “When you build a tool, you do not know how it’s going to be used. You try to improve the tool by looking at how it’s being used and when people cut their fingers off to try and stop that from happening, but really, you have no control over how something is used.” Referring to C++ misuse, Stroustrup pointed out massive amounts of electricity used for…

    Nov 13, 2019
  • Analysts Expect Further Losses as Bitcoin Forms EMA Bear Cross

    Bitcoin (BTC) has continued inching lower following its recent bearish break below $9,000, which points to the possibility that bears are building strength as bulls fail to propel the crypto while it trades just a hair above its key near-term support level. Analysts are now noting that Bitcoin may soon incur further losses as it nears the completion of a bearish EMA cross, which may mean that a movement to the lower-$8,000 region is imminent. Bitcoin Sits Upon Key Support Level as Bears Build Strength At the time of writing, Bitcoin is trading down marginally at its current price of $8,740, which marks a notable drop from its daily highs of $8,900 that were set overnight when bulls attempted to propel the crypto back to $9,000. The swift rejection that came about following this overnight movement points to the fact that bears currently have an upper hand over bulls and may signal that further downside is imminent for BTC. In the near-term, analysts anticipate this bearishness to lead BTC down to the mid-$8,000 region, with one analyst setting a near-term…

    Nov 13, 2019
  • China’s Digital Yuan Could be Pseudonymous Like Bitcoin » The Merkle Hash

    A lot of eyes are on the Chinese central bank. The institution has confirmed it will launch a digital yuan “soon’, and some more details have come to light this week.  Creating a new stablecoin pegged to the yuan will not be an easy feat. Especially if that yuan continues to be devalued by the Chinese central bank every so often. The Digital Yuan Might be Pseudonymous That said, the Chinese Digital Currency Research Institute has a clear vision in mind. In their opinion, they need to protect the privacy of users, while still enforcing strict regulatory guidelines. That will be a very tight rope to walk, as both options appear mutually exclusive. It is rather surprising to learn the PBoC will not try to deanonymize its users in full. Instead, they will show some degree of leniency, at least on paper.  One often overlooked aspect of using physical currency is how it provides a degree of privacy. No one knows a person’s name or financial details simply by accepting their coins or bills. Translating that aspect to the digital…

    Nov 13, 2019
  • Dow Stalls After Tired Trump Speech Underwhelms Stock Market

    The Dow Jones posted a minor decline on Tuesday to edge below its record high. President Trump’s economic speech provided no fresh trade war insights for a nervy mass of stock market bulls. Investors will now look ahead to Jerome Powell’s testimony before Congress tomorrow. The Dow Jones crept sideways on Tuesday as a hotly anticipated economic speech by President Donald Trump in New York failed to provide any real insights into the trade outlook. Keeping the stock market afloat was the fact that Trump continues to lead Dow bulls with the carrot that a trade deal with China could happen soon. Dow Jones Struggles as Traders Run Out of Fuel Of the three major stock market indices, the Dow Jones Industrial Average was the worst performer. Minutes before the closing bell, the Dow had declined 32.24 points or 0.12% to 27,659.25. The Dow Jones dropped after Donald Trump provided zero new insight into the state of the US-China trade talks. | Source: Yahoo Finance The S&P 500 ticked up 0.03%, while the Nasdaq traded 0.9% higher. In keeping with…

    Nov 13, 2019
  • ETH/BTC Ready To Print New High, Veteran Trader Says

    Ethereum blockchain’s native asset, ETH, is about to establish fresh highs against rival Bitcoin, believes avid crypto trader, Elixium. ETH Breaks Away From BTC The popular cryptocurrency analyst said in a tweet today that the ETH/BTC trading pair is looking stronger ever since the quoted asset Bitcoin has started underperforming. The benchmark cryptocurrency has corrected by as much as 18.82 percent from its local swing high of $10,540.59 established on October 26. Over the course of the same timeframe, Ether has jumped by as much as 14.65 percent against bitcoin, showing a negative correlation between the ETH/BTC and BTC/USD trading instruments. This divergence suggests that Ethereum is stealing attention away from the leading asset right now, which could lead to a significant bull run soon. ETHBTC is gearing up to make a new high. 🔥🚀👩‍🚀 👉 https://t.co/KsOfAi7Nzz 👀#Crypto #Cryptocurrency #Bitcoin #Blockchain #Ethereum pic.twitter.com/ky7sOuFEFW — Elixium (@ElixiumCrypto) November 12, 2019 Meanwhile, against the US dollar, Ether has been trending sideways. The cryptocurrency was still performing better than bitcoin against the greenback, down only by 7.44 percent from its local high of…

    Nov 13, 2019
  • Crypto service company Paxos launches new fiat gateway and API tools

    Paxos, the first New York regulated trust company for digital assets, specializing in bitcoin/crypto custody, trade and settlement, announced today new solutions that businesses can utilize to bridge between traditional and digital assets. Binance, the leading global cryptocurrency exchange, and blockchain ecosystem, will be the first to integrate its new fiat gateway solution. “Paxos is a trusted partner that keeps innovating ways to make traditional and digital assets more interoperable. The new Fiat Gateway is the fastest, simplest U.S. dollar on/off ramp for our customers. We look forward to working more closely with Paxos to integrate additional solutions.”– CZ (Changpeng Zhao), Binance CEO Qualified businesses will be able to use these new tools directly for their own transactions as a first-party, or they can host the solutions as a third-party for their customers to utilize. The new tools include: Fiat Gateway – A solution that enables customers to easily swap between dollars and stablecoins issued by Paxos, including both Paxos Standard (PAX) and Binance USD (BUSD). For example, a crypto-native platform could use the fiat gateway to accept dollar deposits and…

    Nov 13, 2019
  • Ethereum (ETH) Risks Decline Below A Key Support If Bulls Fail To Save It

    Ethereum (ETH) has shown some signs of bullishness recently but now it is beginning to be forced to remain below the 38.2% fib extension level. There are now two possibilities at this point. Either we will see the price break out of the symmetrical triangle to potentially pump again like before or we will see it break trend line support to enter a strong downtrend. So far, ETH/USD remains well above the 200 MA on the 4H time frame. However, things do not take long to change in this market. In my opinion, a lot of people are now waiting for this decline which is why I would not be surprised if we see another pump near term. However, the focus should remain on the price eventually breaking this downtrend because that is what is going to happen sooner or later when the dust settles. Most new traders blindly rely on classic technical analysis knowledge in this market which could prove to be dangerous. For instance, you might see a gravestone doji on the 4H chart and think the price…

    Nov 13, 2019

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