Day: February 21, 2018

Telegram has informed investors of a second private pre-sale of its cryptocurrency ICO despite raising $850 million in round one just a month ago.

Telegram May Raise as Much as $1.6 Billion

This week investors received an email from telegram CEO Pavel Durov informing them of a second pre-sale to the much-anticipated TON ICO. Though no exact amount has been determined sources are speculating that it will be around the same as the first round.

If so that would make it a record-smashing $1.6 billion raised before the coin is even offered to public investors dwarfing the previous high water mark set by Tezos at $232 million.

Durov’s way of funding is a change from the normal concept of an ICO as only accredited investors who are invited may purchase the discounted coins. This more closely resembles the traditional venture capital form of fundraising where most (if not all) of the discounted tokens are sold off to private investors before the public round opens.

This second fundraising round comes as Telegram and its proposed TON network are being scrutinized as short on technical details. The Telegram Open Network is to be an Ethereum like eco-system that supports apps, services and a store for both physical and digital goods.

Will the TON be Worth the Cash?

Much of the criticism of the proposed network is based on the company’s own technical white paper. The document describes a suite of blockchain based services including file storage, DNS service, and an ad exchange network with the ability to process millions of transactions per second but with no explanation of how.

Matthew Green, cryptographer and professor at Johns Hopkins University is impressed by some parts of the blockchain projects but finds many of the claims in the white paper unrealistic;

“I’ll be honest, the white paper reads like someone went out on the internet and harvested the most ambitious ideas from a dozen projects and said ‘let’s do all of those but better!’ It feels unachievable, at least at the scale they’re aiming for now.”

For Durov it makes sense to open a second round of private sales since the first was rumored to be well over subscribed and early investors are already flipping their shares for double what they paid in the opening round. How this second round affects the public round that was to open in March, and whether there will be any coins left for the launch is yet to be seen.

The post Telegram to Crush ICO Record in Second Round of Private Funding appeared first on NewsBTC.

The man convicted of creating the Silk Road marketplace, Ross Ulbricht, has lost yet another appeal to extend his “post-conviction relief.” Judge Katherine Forrest, the judge who sentenced Ulbricht to a double life sentence in 2015, denied the legal team’s attempt to renew the case even if additional circumstantial evidence is found in the future.

Also read: 30 People Who Were Really Wrong About Bitcoin

The Judge Who Sentenced Ross Ulbricht Throws Down the Hammer Once Again

This month the Judge who handed down two-lifetime prison sentences to Ross Ulbricht denied yet another appeal from within this ongoing court battle. Ulbricht was convicted in February 2015 for creating and running the underground online marketplace the Silk Road from 2011 to 2013. He is currently serving a double life sentence without the chance of parole for money laundering, conspiracy, computer hacking, and narcotics traffic. Over the past few years, Ulbricht’s family members and his legal team have been trying to appeal the sentence with many attempts to re-open the case. The last undertaking took place last year in the U.S. Court of Appeals for the Second Circuit, and the panel of Judges denied the appeal.

Motion Denied

Now, according to court documents obtained by the Ars Technica columnist Cyrus Farivar, three years later Judge Katherine Forrest is throwing her judgment down again towards the convicted Silk Road creator. Ulbricht’s new lawyer, Paul Grant, tried to extend the fixed three year period with a motion called “Rule 33.” This means that when Ulbricht was sentenced three years ago, there would be a period of time that could be extended if circumstantial evidence was found.

“The motion to extend time for a Rule 33 motion is DENIED,” Judge Forrest explains in her recent notes. “A Rule 33 motion is not an opportunity to relitigate that which has been litigated, or to engage in a fishing expedition for new evidence.”

The Court appreciates that Mr. Grant was not involved in the trial, but the transcript reveals that the very evidence to which he now points (that the FBI was monitoring the defendant’s online movements) was explicitly known at the trial.

Petitioning the Highest Court System

The denial is not Ulbricht’s last chance as he still has a petition with the Supreme Court that was filed late last year. Justices from the high court will hear a response from federal prosecutors in a few weeks, and they will deliberate on whether or not the case should be renewed. The Petition for Writ of Certiorari is asking the Supreme court Justices to “review and reconsider the lower courts’ decisions, based on constitutional violations in the investigation and at sentencing.”  

On February 5, 2018, twenty-one organizations recorded five amicus briefs endorsing the Supreme Court petition. Groups in the amicus briefs include the American Black Cross, the Downsize DC Foundation, the Law Enforcement Action Partnership, the Drug Policy Alliance, the Cato Institute and more.       

What do you think about Judge Forrest’s decision to deny Ross Ulbricht an extension? Let us know what you think in the comments below.

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Images via Pixabay, Freeross.org, and documents obtained by Cyrus Farivar. 

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The post Ross Ulbricht Denied Post-Conviction Relief Extension appeared first on Bitcoin News.

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Germany’s top financial regulator has issued a letter of advice in an attempt to clarify some of the regulatory uncertainties around ICOs.

Key Highlights

• Ripple price declined below the $0.9500 support area yesterday against the US dollar.
• There are two important bearish trend lines forming with resistance at $0.9400 and $1.00 on the hourly chart of the XRP/USD pair (data source from SimpleFx).
• The pair is currently correcting higher, but it is likely to face a lot of sellers on the upside near 0.9500.

Ripple price declined further during the past few hours against the US Dollar and Bitcoin. XRP/USD is currently recovering, but upsides are likely to be capped.

Ripple Price Resistance

There was no respite for buyers as Ripple price declined further below $0.9800 against the US Dollar. The price traded lower and even broke the $0.9500 support level. It was under a lot of pressure, which resulted in a push below $0.9000. A low was formed near $0.8817 from where the price started an upside correction above the $0.9000 level.

It is currently testing the 23.6% Fib retracement level of the last drop from the $1.0811 high to $0.8817 low. There are many hurdles on the upside for buyers starting with $0.9500. Moreover, there are two important bearish trend lines forming with resistance at $0.9400 and $1.00 on the hourly chart of the XRP/USD pair. The second trend line resistance is very important since is it close to $1.00 and the 100 hourly simple moving average. Furthermore, the 50% Fib retracement level of the last drop from the $1.0811 high to $0.8817 low is at $0.9815 to prevent upsides.

Therefore, if the price corrects higher from the current levels, then it could face sellers near $0.9600 and $0.9800. On the downside, the $0.9000 level is a major support followed by $0.8800.

Looking at the technical indicators:

Hourly MACD – The MACD for XRP/USD is currently reducing its bearish slope.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is currently just below the 50 level.

Major Support Level – $0.9000

Major Resistance Level – $0.9800

 

Charts courtesy – SimpleFX

The post Ripple Price Technical Analysis – XRP/USD is Facing Uphill Task appeared first on NewsBTC.

British MPs will participate in a committee to study the risks and benefits of Bitcoin and cryptocurrency despite Bank of England Governor Mark Carney writing it all off as a failure.

UK Makes First Moves Toward Regulation

A cross-party Treasury select committee of members of parliament announced on Thursday that they would launch an inquiry into digital currency as well as examine the underlying blockchain distributed ledger technology that powers it.

This seemingly late move is prompted by last years investing craze that drove the value of Bitcoin and some other digital currencies to all-time highs and the subsequent market correction that saw the prices plummet over a few days time.

Chair of the committee Nicky Morgan said the committee will study the impact of cryptocurrency on personal investors as well as financial institutions in the UK. The goal is to find the right balance between regulation to ensure investor protection without stifling business that may grow from both cryptocurrency and the blockchain technology.

The committee of lawmakers will take evidence from a range of experts in the field to inform their recommendations which it will then submit to the government.

“People are becoming increasingly aware of cryptocurrencies such as bitcoin, but they may not be aware that they are currently unregulated in the UK, and that there is no protection for individual investors,” Nicky Morgan, chair of the Treasury Committee, said.

Bank of England at Cross Purposes on Blockchain

Meanwhile, the Bank of England Governor Mark Carney continues his firm anti-crypto stance saying on Monday that Bitcoin “has pretty much failed” as a currency.

“It has pretty much failed thus far on … the traditional aspects of money. It is not a store of value because it is all over the map. Nobody uses it as a medium of exchange,”

Carney said, according to Reuters.

That despite the fact that the BoE is one of many central banking institutions in Europe currently examining blockchain technology as a way to distribute and track money in the public sector.

The treasury committee has created this set of key questions in order to form their recommendation.

• Are digital currencies ultimately capable of replacing traditional means of payment?
• To what extent could digital currencies disrupt the economy and the workings of the public sector?
• What risks and benefits could digital currencies generate for consumers, businesses, and governments?
• Could regulation benefit digital currency start-ups by improving consumer trust?
• How are governments and regulators in other countries approaching digital currencies and what lessons can the UK learn from overseas?

There is no deadline set for the committee’s findings to be submitted to the treasury.

The post UK MPs to Study Bitcoin Benefits Despite Carney’s Dismissal appeared first on NewsBTC.

SAN JUAN, PUERTO RICO — FEBRUARY 21, 2018 — Decentralized IT security marketplace PolySwarm (www.polyswarm.io) today announced the launch of its public token sale. PolySwarm recently closed its private presale for its Nectar (NCT) token, raising an initial $15 million in funding from backers including Science Blockchain. Participants in the public Nectar token sale will receive a 20 percent bonus until $5 million is raised in the public sale, a 15 percent bonus until $10 million is raised, a 10 percent bonus until $15 million is raised and a 5 percent bonus until $20 million is raised.

Today’s antivirus and IT security market is dominated by single vendor offerings that often miss emerging threats. PolySwarm incentivizes a global community of information security experts to disrupt the $8.5 billion cyber threat intelligence industry, providing enterprises and consumers with unprecedented speed and accuracy in threat detection. By introducing a platform  encouraging innovation and competition, the market will reward experts who are best able to protect users.

The PolySwarm market runs on Nectar, an ERC20-compatible utility token that makes it easy to submit and classify potential threats on the PolySwarm market. Nectar replaces traditional, outdated antivirus and threat-scanning subscription payments.

“Support from early backers demonstrates great interest in what we’re building at PolySwarm, and we’re excited to engage the information security and blockchain communities through our public token sale,” said Steve Bassi, CEO at PolySwarm.

PolySwarm’s founders built the company out of Narf Industries, LLC, an information security firm that recently completed a blockchain-based identity management project for the Department of Homeland Security, as well as cutting-edge information security projects for DARPA. PolySwarm’s advisory board includes former McAfee CIO Mark Tonnesen, alongside renowned information security experts Dan Guido, Chris Eagle, Dr. Sergey Bratus, and Carl Hoffman.

ABOUT POLYSWARM

PolySwarm is the first decentralized marketplace allowing security experts to build anti-malware engines that compete to protect consumers. PolySwarm incentivizes a global community of information security experts to

disrupt the $8.5 billion cyber threat intelligence industry, providing enterprises and consumers with unprecedented speed and accuracy in threat detection. The PolySwarm market runs on Nectar (NCT), an ERC20-compatible utility token. For more information, please visit https://polyswarm.io.

MEDIA CONTACT: [email protected]

This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of The Merkle. This is not investment, trading, or gambling advice. Always conduct your own independent research.

Price volatility is the main element preventing the faster penetration of cryptocurrencies to the real world. After hitting a record mark of $20,000 in mid-December 2017, Bitcoin’s price fell below $7,000 at the beginning of February 2018. As a result, over $60 billion was wiped off the value of the entire cryptocurrency market.

Such fluctuations undermine the trust of investors and potential users of cryptocurrencies. Few people want to invest in an unstable asset, and it is also hard to use such a tool as a payment method or for remittance purposes due to constant price changes. As a result, cryptocurrencies are becoming just a niche for speculative traders, and the potential for this concept remains unrealized.

The team behind the Lightcash project aims to solve the cryptocurrency volatility problem and become able to unlock all the advantages of blockchain technology by linking a cryptocoin to the real highly-demanded asset. This is why Lightcash’s own cryptocurrency (LCSH) is secured by real gold, mined from deposits in Russia.

“The Lightcash parent company owns a working gold mining facility in the Amur Region of Russia, as well as a plant for the enrichment of precious metals, and it possesses the necessary state licenses,” says Vyacheslav Vokin, Lightcash CEO. “Using this infrastructure we will be able to ensure the stability of our service by issuing own cryptocoin secured by real gold in a 1000:1 ratio.”

Lightcash project closed pre-sale is scheduled for March 2, and the main token sale will take place on March 15. The main goal of the token sale is to raise funds for the purchase of a new deposit of ore gold in the Republic of Buryatia, Russia. This will allow the company to provide a full load to its precious metal enrichment plant.

Sales of the project’s internal cryptocurrency LCSH are scheduled for May 2018. Lightcash will close the deal to acquire a new gold deposit in summer. Gold mining will start there immediately.

More details on how the Lightcash system works and the token sale conditions are described in the our site: https://lightcash.io

Our social media:

https://t.me/lightcashblockcahin

https://medium.com/lightcash

https://twitter.com/Lightcash_token

https://www.facebook.com/lcshblockchain/

This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of The Merkle. This is not investment, trading, or gambling advice. Always conduct your own independent research.

Composite Cylinders Advanced develops Type 4 composite cylinders and technology of its serial production. The CCA unites highly qualified professionals from various fields of science and technologies, with extensive experience conducting research and development work and launch of serial production composite cylinders of its own design.

The inspirer and project Manager of Composite Cylinders Advanced Khanif Makhjyanov having experience in organization development and creation of serial production of new generation composite type 4 cylinders for LPG, as well as to the world market exclusively new product.

Khanif Makhjyanov take a leadership under the team and set Composite Cylinders Advanced to create a new generation composite type 4 cylinders for CNG. To the project team were involved following technical specialists:

 

• Nikolay Leontiev, engineer-designer with more than 10 years of experience conducting scientific research related to the development of new design and technological solutions in the field of composite materials, development of concepts and architectures solutions for the automation of design and technological preparation of production and preparation of the product life cycle;

• Alexander Leontiev, engineer-designer with more than 40 years of experience. Since 1975 he worked in Scientific-production Association “ANTEY” first as an engineer and then the chief designer of computer systems manipulate objects in real time;

 

• Goryachev Victor, engineer-designer with more than 30 years of experience in the areas of: development and production of high-tech solutions in the field of electronics and power engineering, patent research and definition of indicators of technical level of designed products.

Khanif has decided to set pilot production plant in Prague, Czech Republic after successfully finishing of R&D works on the development of Type 4 composite cylinders using advanced materials. For this purposes Timur Akhiyarov was attracted to the team as CEO of CCA. Timur is experienced leader with over 10 years of experience in attracting financing for investment projects, developing business strategies and crisis management.

Direct investments to develop a new generation Type 4 composite cylinders for CNG, LPG and industrial gases will be attracted by Sale of its own cryptocurrency based on the technology of the blockchain. To prepare necessary infrastructure for pre-ICO and ICO CCA has engaged professional team Priority Token.

Our website: https://cylinders.io

Partisipate in our presale now and you will have 50% bonus: https://cylinders.io

This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of The Merkle. This is not investment, trading, or gambling advice. Always conduct your own independent research.

(ASEAN – February 21st, 2018) Dragon Inc., which is on track to drastically transform the high-stakes and the junket gambling marketplace through its blockchain-based solution, launched its Public Token Sale today.  The sale is set to run for 30 days from February 15th until March 15th, 2018, or until the allotted 83 million tokens are sold. The price during this stage of the token sale is set at 0.005 ETH per 1 DRG, while it is currently selling at a rate of 0.006+ ETH per 1 DRG on the CoinHub exchange.

Dragon, to the trust of its community, has continued on its planned roadmap with the listing of the DRG token on exchanges prior to their public token sale – with CoinHub.io being the first exchange onboard.  They have further received confirmation that DRG will be listed on HitBTC as of February 27th. Dragon is also in late-stage talks with a number of other top-ten exchanges. The company will release more on exchanges as information becomes available.  

Paul Moynan, Co-Founder of Dragon explains:

“Dragon is the first benchmark Token Sale that has a live monthly multi-Billion dollar business attached to us, which requires our clients (high rollers) to be able to purchase the Dragon Token to access the platform, so like EOS we have listed on exchanges prior to our public token sale.”

Dragon continues to see growth in the multi-billion dollar per month market of high-rollers and junkets globally, especially in the ASEAN markets that have a population of over 4.5 billion people. Dragon’s accelerated growth is most evident in markets like Macau, Singapore, South Korea, Laos, Cambodia, Vietnam, Myanmar, Philippines, and Malaysia.

The company is also on an ongoing drive to secure key strategic partnerships including one with Expay, one of the largest payment gateways in Asia.  ExPay will be working with Dragon to complete the development of the Dragon wallet, ensuring ease of use and cost efficiency.

With all the momentum that Dragon is experiencing, it continues to be not only one of the largest token sale to date with over $320 million raised before the public token sale, but also one of the most promising real business opportunities in the blockchain ecosystem to date.

About Dragon Inc.

Dragon Inc. is an organization fully committed and focused on applying a Fintech solution, with robust corporate governance, to Macau’s Junkets and their VIP Gamers. In time, the business is expected to extend to supporting casinos both in Macau and internationally.

Dragon Inc’s blockchain-based solution is geared toward providing cost reductions, improved efficiency and higher levels of security and transparency in the store and transfer of value throughout the gaming industry.

Dragon Completed its successful Pre Sale of over $5 million dollars in December 2017. The $5 million raised, as well as other institutional and junket investors makes Dragon Coin the largest Token Sales to date with over $320 raised to this point.

Dragon Inc. targets to be operational as a licensed junket in Macau – branded as the first ‘Dragon Junket’ – following the upcoming Chinese New Year 2018. Four key junket partners will join as Dragon affiliated junkets by end of Q1 2018.

If you’d like to learn more about the company’s ecosystem, solution and intellectual property, please visit https://drgtoken.io.

This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of The Merkle. This is not investment, trading, or gambling advice. Always conduct your own independent research.

Bitmora is building a digital asset service that will allow users to globally exchange cryptocurrency and vote on the framework upon which the platform is built.

Bitmora, a next-generation cryptocurrency exchange, now has an official public launch date; May 12, 2018. Just in time for the summer, their service will have everything you could want from an exchange, including phone support, a fully functional mobile application, and lower fees to attract high volume traders. Prior to their public release, Bitmora will host closed beta sessions dedicated to their contributors, so consider visiting their contribution page if you want early access.

To ensure a seamless launch and development of their trading platform, Bitmora has partnered with AlphaPoint. AlphaPoint is a financial technology company helping make illiquid assets liquid. It enables customers to launch new products and services by providing institutions enterprise-grade blockchain solutions to digitize assets, launch markets, and reduce operational costs. AlphaPoint has customers across five continents with offices in New York, Philadelphia, and San Francisco. AlphaPoint works with some of the largest cryptocurrency exchanges in the industry and will help show the world what Bitmora is truly about.

On launch day, Bitmora will provide full phone, email and chat support. They will also be releasing their fully functional mobile applications on iOS and Android platforms on day one.

Unlike many other projects built with Blockchain in mind, Bitmora is not gaining its funding through an ICO and does not have a coin to sell. Instead, Bitmora is fundraising through a public campaign where contributors are promised a revenue share that is determined by their initial contribution and the exchange’s volume. Contributors, regardless of the amount, will also gain access to its exclusive beta program. They will be some of the first members of the public to exchange digital assets on Bitmora. Its team plans on making the beta program an official part of Bitmora and to let contributors test all of its new features, including the desktop and mobile app once they are ready.

Bitmora’s campaign is still open and very active. To participate in the campaign, go to https://bitmora.com/register.php and sign up. Once signed up, members are not only provided the opportunity to contribute but are also granted access to the voting portal where suggestions and votes submitted by users are considered for implementation on the exchange.

To learn more about Bitmora, visit their website and read the technical whitepaper. For updates on social media, check out their Twitter account, Facebook page and BitcoinTalk thread.

To learn more about Bitmora, visit their website and read the technical whitepaper. For updates on social media, check out their Twitter account, Facebook page and BitcoinTalk thread.

This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of The Merkle. This is not investment, trading, or gambling advice. Always conduct your own independent research.

Thursday, Feb 22, 2018 – With an undeniable eye for expansion, BitStarz Casino is showing that it’s a true trailblazer, as it now accepts both Ethereum (ETH) and Dogecoin (DOGE) for deposits and wagers. Raising the bar for altcoin acceptance and payment options, BitStarz has become one the world’s first online casinos to offer support for both of these high profile cryptocurrencies.

ETH ranks as the world’s leading altcoin, second only to Bitcoin in the cryptocurrency realm. While its rise might not be quite as jaw dropping as Bitcoin’s, there is no denying that Ethereum has become one of the strongest cryptocurrencies in the world. Making use of Blockchain technology and the principles of decentralization, ETH has noticeably strong foundations. ETH is also making strides through its very own programing language, which is introducing new ICOs based upon its decentralized foundations.

Delivering plenty of power and adding a new dimension to BitStarz growing list of deposit options, ETH’s presence is certainly going to win over players. DOGE might not be breaking down the same barriers as ETH, but it’s certainly no less of a popular digital currency. Open source, this fun-loving crypto brings together Bitcoin and Internet meme “Doge” as one. It started as an inside joke, but it’s safe to say that Dogecoin has blossomed into something much bigger. Understanding Dogecoin’s position as one of the world’s most entertaining altcoins, BitStarz hasn’t hesitated in allowing its members to use it play some of the most exciting casino games around.

The altcoin market has grown massively in recent months, with many digital currencies finding a foothold. The growth in altcoin uptake certainly hasn’t escaped the attention of BitStarz, as it’s done all that it can to listen to player demand. When you take on board the advantages of these coins, it’s easy to see why they’ve been in gambler’s sights; with BitStarz giving its members exactly what they want. Bringing ETH and DOGE support to players, all members will now be able to deposit and play through these two leading cryptocurrencies.

Officially ranked as the Best Casino of 2017 by AskGamblers, Bitstarz.io has blazed a trail for Bitcoin and digital currency gambling, delivering an unforgettable hybrid-currency online casino experience. Bitcoin heads up the list of payment options at BitStarz, but it by no means stands as the only way to deposit and wager. Joining LTC and BCH as recently added options; players are sure to find ETH and DOGE to be very welcome cashier additions.

Speaking on the arrival of ETH and DOGE, Srdjan Kapor (BitStarz Marketing Manager) said:

“We here at BitStarz take a huge amount of pride in being one of the most adaptive and inclusive online casinos in the world. For that reason, the list of deposit and withdrawal options just keeps growing, as we continue to expand our player base. Just recently we added LTC and BCH support to great success, so we’ve now decided to add ETH and DOGE to our cashier options as well. We are sure that with the increased number of payment options at hand moving forward, players are going to be able to enjoy BitStarz bonuses, promotions, and games that much more.”

About BitStarz

www.bitstarz.io

The awards and player recognition speak volumes, as BitStarz is the leading hybrid-currency online casino in the world for a reason. Offering support for BTC, LTC, BCH, ETH, and DOGE, along with major international currencies, it’s able to deliver a seamless and satisfying online casino platform. Blending with BitStarz digital currency support is a stacked game selection of more than 1,000 games, power-packed promotions, and our trademark live support with personality. Backed by an Antillephone N.V, Curacao gaming license, BitStarz also delivers record smashing withdrawal speeds for a friendly player community that just keeps growing. BitStarz tagline is “Dream Big, Win Bigger”, as with this online casino players have the power to go all the way to the moon!

For more information on BitStarz and what this award-winning online casino has to offer, please contact Srdjan Kapor at [email protected].

Press contact:

Srdjan Kapor

Marketing Manager

[email protected]

www.bitstarz.io

This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of The Merkle. This is not investment, trading, or gambling advice. Always conduct your own independent research.

With all eyes on the Lightning Network, bitcoin developer Laolu is working on a technology which takes fraud watching off the hands of users.

FOMO Moments

The markets have continued correcting during the Asian trading session this morning. Bitcoin continues with its slow sell off but the some of the altcoins seem to be accelerating downwards at a faster rate. BTC seems to have found support at $10,500 and has headed upwards slightly however it is still down around 2% on the day. Most altcoins are also down except one which is pretty rampant right now, and that is Nano.

Nano is the rebranded version of RaiBlocks and according to Coinmarketcap it is trading 26% higher on the day. From a low of just under $7 yesterday NANO (previously XRB) is nudging towards $10 today with a spurt that started a couple of hours ago. It had been down trending all week from a high of $10.02 until today when it has spiked back up to $9.05. RaiBlocks had a great run in early January peaking at $36, like most altcoins that were pumped during this period it has fallen back heavily.

Nano touts itself as a ‘block lattice’ based network offering zero fee digital currency transactions. This makes micropayments more viable as there are no fees and transactions are instant. The fomo spike today has come on the announcement that the Nano wallet for Android is now in Beta on Google Play. An iOS version is in the pipeline.

Nano has a market capacity of $1.2 billion with Binance taking over 90% of the trade volume. In the past 24 hours $82 million has been traded and there are 133 million tokens in total with all of them in circulation. Nano is currently ranked at number 24 in the market cap charts.

Other altcoins showing positive price action this morning in Asia are Monero, up 8%, and Zcash. Outside of the top 25 Populous, Dent and Polymath are also doing well when most others are falling.

The post Asian Altcoin Trading Roundup: Top Cryptocurrency is Nano appeared first on NewsBTC.

Marijuana is used worldwide for medicinal, recreational, and spiritual purposes. The regulatory guidelines surrounding cannabis often vary wildly from region to region and legal cannabis-related businesses are becoming a growing part of the global economy.