Mastodon

Japan’s Largest Rewards Site Operator With 5 Million Users Launching Bitcoin Exchange

Japan's Largest Rewards Site Operator With 5 Million Users Launching Bitcoin ExchangeThe operator of Japan’s largest rewards site with 5 million users is launching a bitcoin exchange. Ceres Inc has partnered with Japanese exchange Bitbank to use its B2B white label bitcoin exchange service to launch a cryptocurrency exchange. Also read: SEC Suspends Trading of Bitcoin Firm’s Shares After 7000% Price Jump Operator of Japan’s Largest Rewards […]

The post Japan’s Largest Rewards Site Operator With 5 Million Users Launching Bitcoin Exchange appeared first on Bitcoin News.

Japan's Largest Rewards Site Operator With 5 Million Users Launching Bitcoin Exchange

The operator of Japan’s largest rewards site with 5 million users is launching a bitcoin exchange. Ceres Inc has partnered with Japanese exchange Bitbank to use its B2B white label bitcoin exchange service to launch a cryptocurrency exchange.

Also read: SEC Suspends Trading of Bitcoin Firm’s Shares After 7000% Price Jump

Operator of Japan’s Largest Rewards Site Launching Bitcoin Exchange

Japan's Largest Rewards Site Operator With 5 Million Users Launching Bitcoin ExchangeThe operator of Japan’s largest consumer rewards site for smartphones and PCs, Ceres Inc, recently announced that it has established a subsidiary called Mercury, for a digital currency trading business.

The Tokyo-based company founded in 2005 operates three rewards sites including Japan’s largest, called Moppy. Reward points are transferable and are accumulated by “browsing ads that are delivered via free games, online shopping, e-mail, etc,” the company’s website details. “We define ‘point’ as a kind of virtual currency and think that it has a very high affinity with virtual currencies such as bitcoin which is a global payment method.” Points can be exchanged for cash, electronic money, etc.,” the company explained. According to its website:

‘Moppy’ is the largest point site in Japan with a total of 5 million users…The accumulated points can be exchanged for digital contents such as cash, various electronic money, games, ‘1 point = 1 yen’.

Strategic Partnership with Bitbank

Japan's Largest Rewards Site Operator With 5 Million Users Launching Bitcoin ExchangeCeres formed a capital and business alliance with Bitbank which operates the Japanese bitcoin exchange Bitbank.cc last month. Ceres detailed at the time that its investment of 850 million yen (approximately $7.7 million) into Bitbank made it the second largest shareholder with 29.9% of the total shares.

The Bitbank exchange supports multiple currencies including bitcoin, litecoin, ripple, and ether. In addition to operating a bitcoin exchange, Bitbank offers other products including a B2B white label bitcoin exchange service called “Bitbank for Broker,” for companies to run their own bitcoin exchanges.

Japan's Largest Rewards Site Operator With 5 Million Users Launching Bitcoin Exchange
Bitbank for Broker Service

With this partnership, Ceres aims to utilize Moppy’s user base to offer a digital currency exchange service for smartphone users, Techcrunch reported. The two companies will also co-Japan's Largest Rewards Site Operator With 5 Million Users Launching Bitcoin Exchangedevelop the next generation micropayment solution using lightning networks as well as develop a token economy solution, according to Ceres. Bitbank will also provide its new bitcoin exchange with liquidity as well as expertise in the area of digital currency transactions.

In addition to Bitbank, Ceres previously partnered with some companies in the Bitcoin space including bitcoin exchanges Bitflyer and Coincheck as well as bitcoin wallet provider Breadwallet. The company also recently launched a bitcoin mobile phone top-up service Sobit.

Do you think many of the 5 million rewards site users will use this new bitcoin exchange? Let us know in the comments section below.


Images courtesy of Ceres Inc, Moppy, and Bitbank


Need to calculate your bitcoin holdings? Check our tools section.

The post Japan’s Largest Rewards Site Operator With 5 Million Users Launching Bitcoin Exchange appeared first on Bitcoin News.

Launch of Terrastream, a Blockchain-Powered Platform Offering Token Based Funding Solutions

Coinsilium Group Limited (NEX: COIN), the blockchain venture builder and investor that finances and manages the development of early-stage blockchain technology companies, is pleased to announce the formation of a wholly-owned subsidiary, Terrastream Limited (“Terrastream”), in Gibraltar. Terrastream aims to build an Enterprise standard blockchain-powered platform for the generation of token-based alternative funding solutions designed … Continue reading Launch of Terrastream, a Blockchain-Powered Platform Offering Token Based Funding Solutions

The post Launch of Terrastream, a Blockchain-Powered Platform Offering Token Based Funding Solutions appeared first on NEWSBTC.

Coinsilium Group Limited (NEX: COIN), the blockchain venture builder and investor that finances and manages the development of early-stage blockchain technology companies, is pleased to announce the formation of a wholly-owned subsidiary, Terrastream Limited (“Terrastream”), in Gibraltar. Terrastream aims to build an Enterprise standard blockchain-powered platform for the generation of token-based alternative funding solutions designed … Continue reading Launch of Terrastream, a Blockchain-Powered Platform Offering Token Based Funding Solutions

The post Launch of Terrastream, a Blockchain-Powered Platform Offering Token Based Funding Solutions appeared first on NEWSBTC.

Ethereum Price Technical Analysis – ETH/USD Breaking Higher

Key Highlights ETH price climbed higher and broke the last resistance of $344 against the US Dollar. There is solid connecting bullish trend line with support at $330 forming on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is likely to surge higher and it might soon test the $360 level in … Continue reading Ethereum Price Technical Analysis – ETH/USD Breaking Higher

The post Ethereum Price Technical Analysis – ETH/USD Breaking Higher appeared first on NEWSBTC.

Key Highlights ETH price climbed higher and broke the last resistance of $344 against the US Dollar. There is solid connecting bullish trend line with support at $330 forming on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is likely to surge higher and it might soon test the $360 level in … Continue reading Ethereum Price Technical Analysis – ETH/USD Breaking Higher

The post Ethereum Price Technical Analysis – ETH/USD Breaking Higher appeared first on NEWSBTC.

How Bitcoin is making waves in the luxury market – CNN


CNN

How Bitcoin is making waves in the luxury market
CNN
(CNN) When Bitcoin and a subsequent raft of cryptocurrencies first landed in the early part of the decade, many people — including noted economists and finance experts — dismissed them as a fad. These new forms of digital money were viewed as little
The Bitcoin Valuation BubbleWall Street Journal (subscription)
Bitcoin shows big returns, but remains a risky prospect for investmentNorman Transcript
Bank of Mexico Rejects ‘Virtual Currency’ as Legal Classification for BitcoinBitcoin News (press release)
Live Trading News –Yahoo Finance –MoneyWeek
all 25 news articles »

CNN

How Bitcoin is making waves in the luxury market
CNN
(CNN) When Bitcoin and a subsequent raft of cryptocurrencies first landed in the early part of the decade, many people -- including noted economists and finance experts -- dismissed them as a fad. These new forms of digital money were viewed as little ...
The Bitcoin Valuation BubbleWall Street Journal (subscription)
Bitcoin shows big returns, but remains a risky prospect for investmentNorman Transcript
Bank of Mexico Rejects 'Virtual Currency' as Legal Classification for BitcoinBitcoin News (press release)
Live Trading News -Yahoo Finance -MoneyWeek
all 25 news articles »

Ethereum Classic Price Technical Analysis – ETC/USD Holding Uptrend

Key Highlights Ethereum classic price is back in the bullish zone and trading above $15.50 against the US Dollar. The last week’s highlighted a major connecting bullish trend line with support at $15.50 on the hourly chart of ETC/USD (Data feed via Kraken) is still active. The price is trading nicely above the $15.00 handle … Continue reading Ethereum Classic Price Technical Analysis – ETC/USD Holding Uptrend

The post Ethereum Classic Price Technical Analysis – ETC/USD Holding Uptrend appeared first on NEWSBTC.

Key Highlights Ethereum classic price is back in the bullish zone and trading above $15.50 against the US Dollar. The last week’s highlighted a major connecting bullish trend line with support at $15.50 on the hourly chart of ETC/USD (Data feed via Kraken) is still active. The price is trading nicely above the $15.00 handle … Continue reading Ethereum Classic Price Technical Analysis – ETC/USD Holding Uptrend

The post Ethereum Classic Price Technical Analysis – ETC/USD Holding Uptrend appeared first on NEWSBTC.

Making token sales smart

One of the core benefits of blockchains is that they enable you to transfer assets to anyone around the globe. These assets can be native “protocol tokens,” like bitcoin or ether. They can be “app tokens,” which are managed by small computer scripts running on the Ethereum blockchain known as smart contracts. Or tokens can represent real world assets, like a barrel of oil, diamonds, stocks, bonds, investment securities, a piece of machinery, or even a contract itself (e.g., a lease, deed, or title to property).

Ethereum makes it relatively easy to create tokens. With less than a hundred lines of code, a software developer can create an ERC20 token, deploying a smart contract program on Ethereum that keeps track of who owns a given token at a particular point in time. Over the past several years, ERC20 tokens have taken the world by storm, with over $1.8 billion in tokens sold to date.

One of the core benefits of blockchains is that they enable you to transfer assets to anyone around the globe. These assets can be native “protocol tokens,” like bitcoin or ether. They can be “app tokens,” which are managed by small computer scripts running on the Ethereum blockchain known as smart contracts. Or tokens can represent real world assets, like a barrel of oil, diamonds, stocks, bonds, investment securities, a piece of machinery, or even a contract itself (e.g., a lease, deed, or title to property).

Ethereum makes it relatively easy to create tokens. With less than a hundred lines of code, a software developer can create an ERC20 token, deploying a smart contract program on Ethereum that keeps track of who owns a given token at a particular point in time. Over the past several years, ERC20 tokens have taken the world by storm, with over $1.8 billion in tokens sold to date.

Microsoft Launches Coco Framework for Blockchain-based Businesses

Microsoft has launched its Coco Framework open source solution to help solve the issues confronted by businesses that are adopting the Blockchain technology in their operat…

Microsoft has launched its Coco Framework open source solution to help solve the issues confronted by businesses that are adopting the Blockchain technology in their operations.

Bitcoin Price Technical Analysis for 08/28/2017 – Testing Range Resistance

Bitcoin price is testing the top of its range, possibly waiting for more catalysts to determine if a bounce or break is in order.

The post Bitcoin Price Technical Analysis for 08/28/2017 – Testing Range Resistance appeared first on NEWSBTC.

Bitcoin price is testing the top of its range, possibly waiting for more catalysts to determine if a bounce or break is in order.

The post Bitcoin Price Technical Analysis for 08/28/2017 – Testing Range Resistance appeared first on NEWSBTC.

Bitcoin Price Technical Analysis for 08/28/2017 – Testing Range Resistance – newsBTC


newsBTC

Bitcoin Price Technical Analysis for 08/28/2017 – Testing Range Resistance
newsBTC
If so, bearish pressure could take bitcoin price to the range support or lower. RSI is also turning lower to show that sellers could be in control. An upside break, on the other hand, could lead to the formation of new record highs closer to $4500 or


newsBTC

Bitcoin Price Technical Analysis for 08/28/2017 – Testing Range Resistance
newsBTC
If so, bearish pressure could take bitcoin price to the range support or lower. RSI is also turning lower to show that sellers could be in control. An upside break, on the other hand, could lead to the formation of new record highs closer to $4500 or ...

LAToken Closed Round 1 of the Token Sale at $330m Valuation

latokenLondon, August 27, 2017 – LAToken, the first tokenized assets platform, has completed the Round 1 of its Public Token Sale way ahead of schedule at $330 million valuation. We sold 30,000,000 LATs, raising $9,54 million in 3 days. LAToken Public Token Sale will be completed in 4 Rounds with the proceeds used for tokenization and trading development of the key asset classes. The price will increase in each round. Round 2 starts on September, 5. We will sell 50,000,000 LATs at 0,0011 ETH. The proceeds will be used for tokenization and trading development of Real Estate. The price for Round 3

latoken

London, August 27, 2017 – LAToken, the first tokenized assets platform, has completed the Round 1 of its Public Token Sale way ahead of schedule at $330 million valuation. We sold 30,000,000 LATs, raising $9,54 million in 3 days.

LAToken Public Token Sale will be completed in 4 Rounds with the proceeds used for tokenization and trading development of the key asset classes. The price will increase in each round. Round 2 starts on September, 5. We will sell 50,000,000 LATs at 0,0011 ETH. The proceeds will be used for tokenization and trading development of Real Estate. The price for Round 3 will be 0,0013 ETH.

latoken timeline

LAToken is a blockchain platform that tokenizes and makes tradeable assets ranging from equity and debt to real estate and works of art. Crypto investors can already trade Apple, Amazon and Facebook shares, as well as gold and oil on our platform and diversify their portfolios with blue chips, safe heaven assets and commodities, using cryptocurrencies.

“LAToken bridges the crypto- and real economies by enabling our clients to trade real assets in cryptocurrencies. This will make markets more efficient, transparent and cost effective. We are happy that so many people share our vision and believe in LAToken,” — says Valentin Preobrazhenskiy, CEO of LAToken.

LAToken attracted top-notch experts from global financial institutions, IT and security companies to its Advisory Board, that now includes Bradley Rotter (Rivetz), Anish Mohammed (Hyperloop), Hague van Dillen (Franklin Templeton). Just a few days ago the former COO of UBS and Senior Regulatory officer of Deutsche Boerse Cecilia Mueller Chen joined our team to advise on legal and regulatory compliance.

About us

LAToken transforms access to capital, and enables cryptocurrencies to be widely used in the real economy by making real assets tradable in crypto.

We decentralize capital markets, making them more transparent, efficient and sustainable, while removing the cost of traditional middle men and “too big to fail” institutions.

This results in smarter capital flow, empowering people across the world to bring their most productive ideas to life for the ultimate benefit of society.

Contact details

Tel: +44 7509 764697

Email: [email protected]

Disclosure: This is a sponsored post

Crypto Analysis Engine Trackr Raises nearly $100K – ICO is currently LIVE with 10% bonus!

LONDON, UNITED KINGDOM — (August 28, 2017) — Trackr, the highly anticipated crypto analysis engine, has been met with success in its public crowdsale. The project has already gathered a lot of interest and raised nearly $100k in the first week with another 3 weeks still to go. The team have recently conducted a video … Continue reading Crypto Analysis Engine Trackr Raises nearly $100K – ICO is currently LIVE with 10% bonus!

The post Crypto Analysis Engine Trackr Raises nearly $100K – ICO is currently LIVE with 10% bonus! appeared first on NEWSBTC.

LONDON, UNITED KINGDOM — (August 28, 2017) — Trackr, the highly anticipated crypto analysis engine, has been met with success in its public crowdsale. The project has already gathered a lot of interest and raised nearly $100k in the first week with another 3 weeks still to go. The team have recently conducted a video … Continue reading Crypto Analysis Engine Trackr Raises nearly $100K – ICO is currently LIVE with 10% bonus!

The post Crypto Analysis Engine Trackr Raises nearly $100K – ICO is currently LIVE with 10% bonus! appeared first on NEWSBTC.

Cash Poker Pro Presale Goes Live as Company Works on Blockchain Technology for Poker Industry

Cash Poker Pro, an innovative online gambling solutions company has come up with an innovative blockchain based project. The company, to meet its fundraising goals for the development and implementation of the blockchain-powered poker room, has announced a crowdsale. The team behind Cash Poker Pro is comprised of veterans in the gambling industry, with over … Continue reading Cash Poker Pro Presale Goes Live as Company Works on Blockchain Technology for Poker Industry

The post Cash Poker Pro Presale Goes Live as Company Works on Blockchain Technology for Poker Industry appeared first on NEWSBTC.

Cash Poker Pro, an innovative online gambling solutions company has come up with an innovative blockchain based project. The company, to meet its fundraising goals for the development and implementation of the blockchain-powered poker room, has announced a crowdsale. The team behind Cash Poker Pro is comprised of veterans in the gambling industry, with over … Continue reading Cash Poker Pro Presale Goes Live as Company Works on Blockchain Technology for Poker Industry

The post Cash Poker Pro Presale Goes Live as Company Works on Blockchain Technology for Poker Industry appeared first on NEWSBTC.

The Bitcoin Valuation Bubble – Wall Street Journal (subscription)


Wall Street Journal (subscription)

The Bitcoin Valuation Bubble
Wall Street Journal (subscription)
The price of a Bitcoin broke $4,000 this month. It’s up 400% in 2017, and only two years ago it stood at around $230. With 16.5 million Bitcoins in “circulation,” and the potential for 4.5 million more, the market value of Bitcoin is now a whopping $72

and more »


Wall Street Journal (subscription)

The Bitcoin Valuation Bubble
Wall Street Journal (subscription)
The price of a Bitcoin broke $4,000 this month. It's up 400% in 2017, and only two years ago it stood at around $230. With 16.5 million Bitcoins in “circulation,” and the potential for 4.5 million more, the market value of Bitcoin is now a whopping $72 ...

and more »

A Brief Explanation of Thorium Reactors

TheMerkle_Nuclear Power Plant Cyber AttackEver since the United States brought atomic energy onto the scene during World War II, the world has been trying to find more efficient ways to generate energy with it. Since then, nuclear power plants have been churning out energy to communities around the world. However, there have been many instances of nuclear energy being incredibly dangerous. Some of the best-known incidents are Three Mile Island, the Chernobyl Disaster, and Fukushima. Those disasters demonstrate how a much safer thorium reactor might change the way we think about nuclear energy. How Nuclear Reactors Work A few different experiments are being developed using thorium

TheMerkle_Nuclear Power Plant Cyber Attack

Ever since the United States brought atomic energy onto the scene during World War II, the world has been trying to find more efficient ways to generate energy with it. Since then, nuclear power plants have been churning out energy to communities around the world. However, there have been many instances of nuclear energy being incredibly dangerous. Some of the best-known incidents are Three Mile Island, the Chernobyl Disaster, and Fukushima. Those disasters demonstrate how a much safer thorium reactor might change the way we think about nuclear energy.

How Nuclear Reactors Work

A few different experiments are being developed using thorium reactors to test the viability of replacing the current reactors. Understanding why there is a need for these types of reactors requires knowing how current nuclear reactors work.

At a very basic level, current reactors convert thermal into electrical energy. Nuclear fuel rods are lowered into a pool where water is heated up, creating a massive amount of steam. This steam is forced through a turbine, spinning the fans and turning the axle in an electric generator. Typically, the reaction is controlled and suppressed and everything is as it should be. But if fuel rods are exposed too greatly, water levels fall too low, or the reactor heat becomes too high, a dangerous chain of unstoppable events occur leading to the disasters we have seen in the past. During these “meltdowns,” the fuel rods continue reacting uncontrolled. This destroys the protective chambers and can explode and/or release large amounts of radiation.

How Thorium Reactors Work

In essence, thorium reactors are a kind of molten salt reactor. The fuel is a molten salt which is pumped from the critical core to a heat exchanger that heats water, converting it to steam, and working the turbine generator much like how current light and heavy water reactors work. The nuclear fuel itself is mixed into a molten salt. This means that the thorium is turned into uranium rather than directly using uranium, pumping fuel without shutdowns, and using a salt coolant to operate at higher temperatures.

These aspects of thorium reactors could make nuclear energy far safer. Rather than attemping to control a reaction, some energy is spent to keep the reaction going. Thorium accepts more neutrons if the salt does overheat, meaning there is less of it firing around that would otherwise cause more chain reactions. It also expands considerably if it overheats, which would push the fuel out of the critical core, stopping the reaction. However, the most important safety improvement is its fail-safe core. The freeze plug at the bottom of the reactor has to be actively cooled. If something goes wrong in the reactor, the plug melts and the fuel drains into a passively cooled sub-critical storage chamber. This keeps the reactor from experiencing a meltdown.

While this kind of reactor design is not without its problems, those problems are far fewer and potentially less severe compared to current day reactors. It will be interesting to keep an eye on how thorium reactors change how we think about nuclear energy in the future.

North Korea Targets South Korean Bitcoin Companies – The Merkle

North Korea Targets South Korean Bitcoin Companies
The Merkle
In response, the United Nations universally adopted new sanctions – with backing from China – against the hermit kingdom. The DPRK swiftly ramped up its rhetoric, and may have also performed cyberattacks against South Korean bitcoin exchanges.

and more »


North Korea Targets South Korean Bitcoin Companies
The Merkle
In response, the United Nations universally adopted new sanctions – with backing from China – against the hermit kingdom. The DPRK swiftly ramped up its rhetoric, and may have also performed cyberattacks against South Korean bitcoin exchanges.

and more »