Day: October 9, 2017

Social connections used to be with neighbors, at bars and dance clubs, or at work around the water cooler. But these days, social connections have all turned online. Matchmaking apps like Tinder, Bumble and others have grown massively in popularity. In the business world, connections are made with sites like LinkedIn. These sites create a … Continue reading Matchpool Is Continuing to Build Its Platform After Successful ICO

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Altcoin developers attempt to cash in on Bitcoin name, confusion; Bitcoin Cash and Bitcoin Gold aren’t Bitcoin.

The price of Bitcoin has shot to one month highs today. Topping out at around $4,878, the price surge in the world’s most popular cryptocurrency has likely been driven by the proposed Bitcoin Gold (BTG) fork. During August, a similar event took place in which Bitcoin Cash split from the main BTC chain. When such … Continue reading BTC Soars as Investors Seek Bitcoin Gold Dividends

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How Blockchain-based companies are trying to profit from the market that is to reach $6.3 tln by 2021.

Just 1 day is left until the end of LAT Token Sale – one of the biggest ICOs of this autumn. LAToken has already raised $18.5+ million from 11,000 contributors, becoming #1 among tokenization platforms. Bringing Real Assets onto Blockchain Almost two months ago, LAToken tokenized Apple shares, making hard assets tradable in cryptocurrency for … Continue reading The Last Day of LAT Token Sale. Don’t Miss the Chance to Join

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Former chief economist at the IMF, Kenneth Rogoff, has made public his thoughts on cryptocurrency, Bitcoin, and blockchain technology generally. In a post published on both the Guardian and Project Syndicate, the Harvard economics and public policy professor expressed his doubt about the future of BTC in a potentially hostile regulatory environment. The long history … Continue reading Kenneth Rogoff: “The Price of Bitcoin Will Collapse”

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Auctus conducted a pre-sale between October 3rd and 6th. The team behind Auctus, who is building a platform for blockchain-powered pension funds, using Ethereum smart contracts, raised a total of 959 ETH (approx. USD 300,000), from 254 distinct investor addresses. Auctus had capped the maximum contribution per investor at 10 ETH and participants had to pre-register, this in an effort to prevent large investors from dominating the pre-sale and giving power to its community.

“Even though we were confident, we were thrilled when the minimum cap was reached already within a few hours. Having raised 240% above minimum target with a max of 10 ETH per contributor, shows the strength of our loyal community” said Felipe Silveira, Lead Developer at Auctus.

Momentum is good for Auctus

Auctus is launching its services at a time when some of the largest retirement service companies are trying to utilize blockchain technology because of its potential to increase efficiency in record keeping, document sharing, transaction settlements, contract execution, and business collaboration.

“We’re very excited about the potential blockchain has for us as a record-keeping system. It’s definitely a more secure record-keeping system than we already have in the industry,” said Roshina Nandra, vice president of Prudential’s retirement innovation lab, according to Bloomberg BNA.

Next steps

Auctus is expected to release a demo version of its Auctus Platform prior to the ICO. The team also stated that it is seeking to announce a pension advisory board, consisting of senior pension fund executives, as well as a strategic ICO partnership in due time.

Screenshot of Auctus Demo Platform

ICO whitelist open

The Auctus ICO whitelist has already been opened. Prospective ICO participants can register at auctus.org

Disclosure: This is a Sponsored Article

There is a lot of room for different currencies to flourish, but those that offer interoperability and compatibility stand to become major players in their own right. Hcash, by aiming to allow for harmony between different paradigms and currencies, might be able to carve out a significant market share for itself.

Have you already seen the latest price review? Will you sell or hold you coins?

It makes me rather sad how often I have to write articles like this, but it is important to remember that Internet rights are still under attack. The FCC and Ajit Pai are still angling to remove net neutrality, and on a different front, new legislation has been proposed which may officially legalize spying on American citizens.

The Battle for Net Neutrality Rages on

Whenever one is trying to move an agenda, data is required to back up one’s claims. Naturally, anyone would want to present the data most helpful to their case. However, Ajit Pai has allegedly been cherry-picking his information more than most, pushing ethical boundaries in the process. The comments that Pai has used to defend the dismantling of net neutrality are disproportionately skewed to the “net neutrality laws stifle business” side of the argument.

What is even more disturbing is that the comments Pai has showcased may not have been submitted by humans at all. In fact, over 80% of all comments submitted to the FCC concerning this debate were done so by bots. Only about 17.4% of all submissions were organic, and the rest emanated from various bots. Many of the bots’ comments favor rolling back the pro-net neutrality measures introduced by the Obama administration. Of the organic comments, the vast majority are staunchly in favor of keeping net neutrality alive.

So to recap: An FCC chairman who is against net neutrality is utilizing astro-turf comments written by bots. Great.

USA Liberty Act: The New Way to be Spied on

The USA Liberty Act is a new bill that aims to modify and renew the Foreign Intelligence Surveillance Act (FISA). It will address some of the most pressing issues with NSA collection abuses, but it will make bulk collection and sharing of US citizens’ data legal. The use of patriotic and innocuous terms like “liberty” in legislation can almost guarantee that there is something shady going on. This is just the latest assault on individual internet privacy rights, and likely not the last.

Why Does This Matter?

I realize that I may be a broken record about this kind of stuff, but it is massively important that people are reminded of their rights and are aware when they may be threatened. The continued battle against net neutrality may result in Americans giving up their first amendment rights to companies, which could suppress ideas they don’t like by making access to certain parts of the internet painfully and intolerably slow. The renewal of FISA and the USA Liberty Act’s attempt to codify citizens’ data collection infringe on the basic human right to privacy.

While it is easy to become discouraged and disenfranchised, or think that legislators do not seem to care, it is still important that you remind your representatives of your position and that slowly eroding guaranteed rights is not an okay thing to do.