Day: December 29, 2017

What might be the best gift for a kitten? Most probably a tiny glorious fish will meet expectations. But what if that kitten is in fact a crypto token that lives in Ethereum blockchain? Than a crypto fish should be invented.

Disclosure: This is a Sponsored Article

Meet the new game on smart contracts called Fishbank — that is classic PvP (player-versus-player) to grow the predatory fish that hunt opponents gaining their weight. Built in the setting of “deep blue distributed ocean” it has the major aim to nurture the largest fish to dominate the others.

Every fish is a digital crypto asset owned 100% by player that is immutable and transferrable like any other cryptocurrency. One can collect, enhance and trade these digitals assets easily using graphic interface of Fishbank website and MetaMask wallet.

Such an approach was first introduced in CryptoKitties digital collectibles project that became the most popular smart contracts dApp and resulted in congestion of whole Ethereum network for a couple of weeks.

According to Fishbank Whitepaper there would be slightly more aggressive kind of gameplay and predefined rarity of digital assets. Fish can be acquired by one of these ways:

1. Being bought on the Market from other players,
2. Random fish may be caught in the Aquarium,
3. Common fish is rewarded for referring a friend.

There is an opportunity to sign up for the project Alpha tests now in order to reserve certain type of fish token before the game launches – there is a wide selection of predators ranged by rarity: Common, Rare, Legendary and Epic.  That way developers plan to establish initial community and rocketstart the project.

Fishbank also decided to conduct what can be generally referred to as “hardfork effect” in blockchain ecosystems — a single rare fish token will be given for every owner of Gen 0 CryptoKittie as of 1th January 2018. Everyone who already has a Kitten and will keep it to this date will receive a nice new year gift for it.

Chatrobotic studio backing Fishbank specializes on gamification of extraordinary environments and is popular by its 3 chatbot game titles running on the messengers platforms (Telegram, Kik, Facebook). With more than half a million players on board these games has 2.5 million messages on peak days with overall amount of requests served reaching almost 1 billion.

Fighting between two crypto tokens on smart contracts — isn’t it what blockchain was originally intended for? It’s quite obvious that an army of CryptoKitties clones will evolve on the market next year and it will be a good challenge for Ethereum network to survive under the crypto animals invasion.

More Info

Website: https://fishbank.io

Whitepaper: https://fishbank.io/whitepaper

Telegram Chat: https://t.me/fishbank

Telegram News Channel: https://t.me/fishbank_en

In a continuation of its regulatory machinations, the South Korean government has unveiled its latest cryptocurrency legislation. With its sights set once again on exchanges, officials want to curb the use of anonymous accounts and increase their control over exchanges overall. Perhaps in response to the news, the cryptocurrency markets fell overnight, with Bitcoin slumping 10%.

South Korea Says No to Anonymity

As originally reported by Reuters, South Korean officials have taken yet another regulatory approach to temper crypto enthusiasm among its citizens. On Thursday, the government announced that it would place a ban on anonymous trading accounts. The ban, which is to take effect next month, is another attempt to protect investors from what the government sees as wild speculation and a volatile market.

“The government had warned several times that virtual coins cannot play a role as actual currency and could result in high losses due to excessive volatility,” the South Korean government said in an official statement.

These warnings look to suppress buyer speculation in a country whose population is crazy for crypto. A recent survey found that nearly 1 in every 3 working Koreans owned some stake in cryptocurrency. Such widespread interest and related speculation have led to price premiums on Korean exchanges that are anywhere from 15% to 20% higher than the global average.

In a followup statement, the government added, “Officials share the view that virtual currency trading is overheating irrationally … and we can no longer overlook this abnormal speculative situation.”

Government Wants More Control Over Exchanges

In banning anonymous accounts, officials hope to eliminate fraud in the crypto space and tackle money laundering, a practice that has become popular in the unregulated market. In its statement, the government vowed to “resolutely respond to such crimes by slapping maximum sentences possible on offenders.” 

In addition, the new regulation will “leave all policy options open, including closure of a cryptocurrency exchange when deemed necessary.”

This last point is perhaps the hardest-line position the South Korean government has taken against exchanges in this regard. Officials in South Korea have been among the most proactive in the world in setting up regulatory frameworks for the budding crypto economy, and they’ve rolled out a number of proposals and bills in the past month alone to accommodate these fledgling markets.

With each new effort, though, it seems as though the government is inching towards enhanced control over a phenomenon that, since its inception, has stood firmly against centralized control.

But regulators likely wish to make investing safer for the general public, and these new measures come right after authorities conducted onsite inspections of popular domestic exchanges. These inspections were in response to a series of hacking attacks that have crippled Korean exchanges this year, leaving one such exchange, Youbit, in the throes of bankruptcy.  

DASH/USD

DASH rolled over slightly during the session on Friday, but continues to find plenty of support at the $1000 level. Ultimately, I think that the $1200 level above is resistance. In the meantime, it looks like we are ready to bounce slightly, but I would not expect much in the way of significant moves. Short-term trading opportunities in a back and forth range is what I expect we will see.

LTC/USD

Litecoin rolled over slightly during the trading session on thin volume for Friday. However, I think that the $200 level is going to be targeted, but the support starts at $225 level. Because of that, I’m looking for a buying opportunity. However, if we were to break down below the $200 level, we will probably drift towards the $150 level after that.

The post DASH and Litecoin Analysis January 1, 2018 appeared first on NEWSBTC.

ETH/USD

Ethereum continues to be very noisy, but quite frankly at this time of year it’s very difficult to get a significant move. There’s little in the way of volume, so I think that the price action can’t be taken too seriously. The $600 level below should be a bit of a “floor”, just as the $775 level is the “ceiling.” I look at buying pullbacks as the best way to trade this market.

ETH/BTC

Ethereum rallied a bit during the trading session on Friday, and it looks as if we are going to continue to go higher, but we need to clear the 0.0525 level to continue the uptrend. In this thin trading environment though, I suspect we will probably pull back in drop just a bit before buying pressure returns.

Thinks watching, see you next time.

The post Ethereum Analysis January 1, 2018 appeared first on NEWSBTC.

BTC/USD

Bitcoin did very little during the trading session on Friday, as traders are focusing on the new year celebration more than anything else. Having said that, there is plenty of support just below at the $13,000 level, and because of this I think it’s only a matter of time before the buyers get involved on a pullback. I also recognize that the 16,000 level above is massively resistive. In the short term, I think we continue to go back and forth.

BTC/JPY

Bitcoin went slightly lower during the trading session on Friday, as we drift sideways in general. Currently, I see the ¥1.5 million level as massive support, just as I see the ¥2 million level as massive resistance. I believe longer-term we go higher, but also recognize that short-term pullbacks are possible.

Thank you for watching, see you next time

The post Bitcoin Analysis January 1, 2017 appeared first on NEWSBTC.

Bitcoin’s price started the year off by crossing $1,000, culminating with a run that brought it close to $20,000.

Date: May 18th~19th, 2018
Location: Great China International Exchange Square, Shenzhen China

The 6th China Forex Expo was a great success for both exhibitors and attendees. The 7th China Forex Expo will strongly return on May 18th~19th, 2018 at Great China International Exchange Square, Shenzhen China. It gears up for brokers, IBs, affiliates, fintech providers, media, investors, blockchain experts, and companies to achieve a better result in the new year.

Here, industry masterminds will share the greatest insight and all attendees can understand better the forex opportunities in one of the biggest and most important markets — China. Also, you will learn how to localize your business, how to be friends with Chinese clients, and how to avoid conflicts because of cultural difference, etc.

China Forex Expo is the most professional and influential forex expo in China, covering forex, precious metals, CFDs, stocks, indices, commodities like oil and gas etc, and blockchain applications etc. Since the very first event, the China Forex Expo aims at bringing together professional forex market players from different countries and help to get an unrivaled opportunity to promote their products and services to the international market.

Organizer:Interaction Pros Limited
Tel: +86-21-3126 1015
Skype: chinaforexexpo
Email: [email protected]
Website: www.chinaforexexpo.com

The post Upcoming event: the 7th China Forex Expo 2018 appeared first on NEWSBTC.

Darenta, an international decentralized IT platform for rental of private automobiles (carsharing), opens the public sale of its ProducTokens (PROD) on December 31. A successful P2P carsharing venture headquartered in Moscow, it currently has a fleet numbering around 1,000 cars and more than 5,000 registered users in 120 cities worldwide. The company plans to secure a foothold in the Chinese market by the end of 2018, scaling up its business by at least twofold. Darenta’s service is unique in that it creates a blockchain platform that allows users to find a source of extra income by renting out their private cars when they are not using them.

“So far, we are the second-largest blockchain-based P2P carsharing company in the world, but we are growing fast,” says company general director Oleg Gribanov. “Everyone who purchases 100,000 PROD tokens during our ICO will automatically receive the status of a franchise, which will ensure the vigorous ratcheting up of the project. We plan to double the number of cars, users, and transactions by the end of 2018, and to build our business on new European and Asian markets.”

Darenta is working with ICOBox, the leading supplier of boxed ICO solutions, to carry out the ICO and collect the funds necessary to develop its service and implement a global marketing strategy. During the ICO, which will run from December 31, 2017, through March 31, 2018, 67,250,000 PROD tokens will be offered for sale at a price of $1 per token.

Tokens can be purchased using any of 63 popular cryptocurrencies. The project plans to bring in $67,250,000 through token sales. Darenta is tokenizing its services in order to transform them into an autonomous decentralized car rental service, allowing users to contact each other directly using the platform. The funds collected will be spent on a global marketing campaign and on attracting new car owners. The secure new system will be based on encrypted smart contracts, which will record user comments and recommendations, as well as vehicle accident histories. The blockchain platform rules out the possibility of manipulation of the rating. Users with a negative rating will be removed from the system, while those who receive positive comments will be eligible to participate in various bonus programs. The updated carsharing service is expected to be beneficial and interesting to both renters and car owners.

The services of the new platform will be aimed at promising markets such as China, India, and other countries with a steady stream of tourists, like Greece, Thailand, and Cyprus. In Western Europe, it is already not uncommon for several families to take turns using one car. The new platform will make this system more flexible and reliable.

According to Mr. Gribanov, Darenta may hold up to 50% of the entire Chinese private car rental market within one year after the ICO. “In 2013, less than 1% of all cars in China participated in carsharing. But the situation is rapidly changing, with this industry now receiving major support from the Chinese government. The average growth rate in the carsharing market is currently 83%, which shows the huge potential of our business. During the first year of our international expansion, we will seek to capture half of the Chinese private car rental market, which is up to 50,000 cars.”

Today the company is competing with both traditional carsharing companies that service retail customers, and with carsharing companies that work only with businesses. However, its business model sets it apart, as it does not involve the company having its own fleet of cars, leading to considerable savings on operating expenses. The ICO will make it possible for the team to bring a brand-new service to the international market, to expand its international activity, to exponentially increase the user base, to modernize its business, and to offer new economic opportunities to its token holders.

For more detailed information on the project, please see the project’s website at https://darenta.io.

The post Darenta Launches ICO and Already Plans to Capture Half of the Chinese Private Car Rental Market in 2018 appeared first on NEWSBTC.

Evan Luthra talks about the extremely high risk, and correspondingly huge gains, inherent in investing in digital assets. You can triple your money or lose everything, in just a matter of hours. #INTERVIEW

Friday 29 December, 2017, Zug, Switzerland – trade.io is extremely proud to announce that it has received approval to list on one of the largest global digital asset exchanges, OKEx, based in Belize with its main operation hub located in Hong Kong. OKEx is an international company specializing in blockchain technology and digital asset development and applications. OKEx.com, its flagship platform, is often ranked as the Top 3 (overall) in daily trading volume. To celebrate this partnership, trade.io will airdrop 100,000 TIO Trade Tokens via OKEx to some lucky OKEx customers.

Of the development, trade.io CEO, Jim Preissler commented, “We’ve had an amazing ICO to-date, raising over $20 million, and we are obligated to all those that have participated to continue to offer value adds. We identified OKEx as an industry leader and feel our community would benefit from this relationship.”

The Trade Token will be listed as TIO and official trading pairs will be:

TIO / BTC

TIO / ETH

TIO / USDT

Trading will officially commence on January 8^th, 2018 and details of the air drop will be released prior to the Trade Token launch. trade.io is currently nearing completion of its token generation event and has received contributions from over 10,000 participants.

Find out more by visiting trade.io/okex

About trade.io

trade.io democratizes the financial markets and saves money for investors and companies through reducing and eliminating fees and inefficiencies by utilizing its innovative Blockchain trading platform. Disrupting a whole ecosystem of banks, advisors, markets, and record keepers which are extracting fees and can be disintermediated and commoditised by more efficient peer-to-peer Blockchain platforms. The trade.io exchange not only supports trading of assets, but supports a more efficient listing of assets in the crypto economy under the indelible and trusted history that Blockchain provides. The company couples these operational assets with investment banking experience, senior advisory expertise, as well as operating their system in a regulated and compliant environment.

 About OKEx

OKEx is a leading digital asset trading platform, offering token and derivative trading to users globally. They currently offer more than 100 token trading pairs and 5 futures pairs. OKEx’s industry leading BTC futures trade has nearly $1.5B of volume a day and is widely regarded as the gold standard for the industry. OKEx have served millions of customers in over 100 countries.

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