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TOSS: The Future of Betting Industry

How the Blockchain Could Help Revolutionize the Betting Sector PROOF OF TOSS is a betting ecosystem on the blockchain. The aim of this project is to revolutionize the gaming industry with the help of cryptocurrency’s underlying technology. The TOSS ecosystem is a revolutionary project that aims to bring the blockchain into the gaming sector. Through … Continue reading TOSS: The Future of Betting Industry

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How the Blockchain Could Help Revolutionize the Betting Sector

PROOF OF TOSS is a betting ecosystem on the blockchain. The aim of this project is to revolutionize the gaming industry with the help of cryptocurrency’s underlying technology.

The TOSS ecosystem is a revolutionary project that aims to bring the blockchain into the gaming sector. Through this platform, anyone will be able to create a wager, bet, and judge. The aim of all activities on this platform will be to win TOSS tokens. The main difference between PROOF OF TOSS and others utilizing the blockchain is that they also cater to existing bookmakers and other parties in the betting sector.

About the Developers of the Project

With years of experience in the gaming sector, the developers of the PROOF OF TOSS project were at the helm of the Bitcoin revolution. As early as 2011, they have been benefiting from the new opportunities made possible by the blockchain. They now feel confident enough to put all the expertise and experience they have in this sector to good use. The main reason why they settled on the blockchain is that the sector is worth $400 billion today. On top of that, it is expected to continue growing annually.

After much discussion, they settled on the gaming industry. They hope to introduce smart contracts to this industry. By doing so, they will bring better odds, lowered fees, increased market coverage, better margins, and an opportunity for everyone in the ecosystem to benefit.

They will Democratize Gambling

One of the major issues in the gaming sector is the lack of trust. Whenever you place a bet online, you are putting trust in numerous intermediaries. Firstly, you have to trust the payment provider. Then you must trust the operator of the site to place a bet on the outcome you choose.

You also have to trust them to return the profits to you if the bet succeeds. The operators also have to place their trusts in agents, employees, and all those around them to deliver the desired results. At the end of it all, everyone wants his or her cut, which makes it hard for you to win. This system is decentralized and non-profit; its only aim is to democratize the betting sector.

Token Sale

There will be a billion TOSS tokens generated. The project has a hard cap of USD 50,000,000. The sale goes live in about fifteen days.

At the moment PROOF OF TOSS is going through a closed presale stage. For more information about the closed presale or the project contact the PROOF OF TOSS team, personally on Telegram.

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ICO StopTheFakes gets Highly Ranked by Experts

Prague, Czech Republic, March 02, 2018: Today StopTheFakes Ltd., the first copyright protection and anti-counteract blockchain-based project in the world, is proudly sharing with you the news on getting well received by industry experts. In the run-up to token sale (ICO) planned for March 21, 2018 (09:00 AM EST Time) there appear more and more positive reviews and opinions from experts in the press. For instance, ICObench rating agency аssigned StopTheFakes an average rating of 4,4 out of 5. 29 experts from the agency have analyzed ICO in general, the team, vision and product. ICO in general has been rated 5

Prague, Czech Republic, March 02, 2018: Today StopTheFakes Ltd., the first copyright protection and anti-counteract blockchain-based project in the world, is proudly sharing with you the news on getting well received by industry experts. In the run-up to token sale (ICO) planned for March 21, 2018 (09:00 AM EST Time) there appear more and more positive reviews and opinions from experts in the press.

For instance, ICObench rating agency аssigned StopTheFakes an average rating of 4,4 out of 5. 29 experts from the agency have analyzed ICO in general, the team, vision and product. ICO in general has been rated 5 out of 5. That is to say, StopTheFakes project has taken the third place among several hundred of other upcoming token sales. The founders of StopTheFakes have successfully passed ICO KYC Report procedure which attests to their impeccable business reputation.

Independent analytics platform ICOmarks has assigned StopTheFakes project a very high rating − 8,1 points out of 10. Apart from token sale organization there have been analyzed the product’s potential, business strategy, team and advisors. As of now, this is one of the best results among all other presented projects that finished pre-ICO.

Icoholder, а popular industry media rated StopTheFakes project 4,09 out of 5 and predicted ICO results to be “positive”. It’s worth noting that such parameters as “ICO profile”, “vision”, “product” has gotten the highest rating. Due to this rating StopTheFakes has managed to get to the top of the second ten of 500 projects.

Other industry-specific media and analytics also give high rankings and positive estimates to the project. Among the strongest points experts name strict adherence to the Road Map, release of the mobile app and alpha version of the project. Specialists note excellent performance of the team and positive references of its members, impeccable service record and global fame of the advisors.

“We thank experts, journalists and analysts for their deep trust in us, − says Mikhail Krzhanovsky, CEO and co-founder of StopTheFakes. − We’ll make sure to take every effort to live up to their expectations”. As the preliminary stage of the token sale shows, investors tend to share this opinion. Perhaps, the rating would have been even higher had we taken more active part in industry conferences and discussion grops. But we’ve decided to focus all our efforts on developing the products”.

StopTheFakes Ltd: The first blockchain-based copyright protection project in the world. It’s a decentralized service that enables right holders to involve Internet users and customers in detecting cases of piracy on the web and counterfeit sales in the real world and to remunerate them for this job. The project was founded by Mikhail Krzhanovsky and Igor Salikov in Prague, Czech Republic, in June 2016.

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.

Swarm Syndicates – Joel Dietz Invests $500,000 in PolySwarm’s Token Sale

SAN JUAN, PUERTO RICO — March 2, 2018 — Decentralized IT security marketplace PolySwarm (www.polyswarm.io) today announced a $500,000 investment from Swarm Syndicates, led by Joel Dietz. He personally invested in PolySwarm’s ongoing Nectar (NCT) token sale. PolySwarm has raised $22 million to date, with additional backers including Science Blockchain and BlockTower Capital. “PolySwarm has all of the hallmarks of a good investment, including a strong market opportunity and an industry-leading team,” said Joel Dietz, co-founder of Swarm Fund. “We look forward to following PolySwarm as they decentralize cyber security.” Today’s antivirus and IT security market is dominated by single

SAN JUAN, PUERTO RICO — March 2, 2018 — Decentralized IT security marketplace PolySwarm (www.polyswarm.io) today announced a $500,000 investment from Swarm Syndicates, led by Joel Dietz. He personally invested in PolySwarm’s ongoing Nectar (NCT) token sale. PolySwarm has raised $22 million to date, with additional backers including Science Blockchain and BlockTower Capital.

“PolySwarm has all of the hallmarks of a good investment, including a strong market opportunity and an industry-leading team,” said Joel Dietz, co-founder of Swarm Fund. “We look forward to following PolySwarm as they decentralize cyber security.”

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.

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.

Logistics Revolution is Chained to Cargo Robots

truckingThe efficiency of logistics chains has reached its peak. The further development is possible only by virtue of innovation. The most demanded and expected innovation is the transition to the unmanned cargo robotic technologies. Need for speed At the end of 2016, Amazon had 310 million active users. The number of Amazon customers is growing by an average of 10 million people quarterly. Jeffrey Bezos logistics empire delivers your parcel this very day if you’ve placed your order before the lunchtime. In turn, the number of active buyers at the largest Chinese e-commerce platform Alibaba  already exceeds 480 million people.

trucking

The efficiency of logistics chains has reached its peak. The further development is possible only by virtue of innovation. The most demanded and expected innovation is the transition to the unmanned cargo robotic technologies.

Need for speed

At the end of 2016, Amazon had 310 million active users. The number of Amazon customers is growing by an average of 10 million people quarterly. Jeffrey Bezos logistics empire delivers your parcel this very day if you’ve placed your order before the lunchtime. In turn, the number of active buyers at the largest Chinese e-commerce platform Alibaba  already exceeds 480 million people. According to the estimation of China state postal service, during Singles Day (the Asian analog of Black Friday) Alibaba sends more than 1 billion parcels, which is comparable to the total number of postal items sent within the country in a whole year.

Both companies conduct a kind of logistical war with the slogan “the fastest wins”. The Chinese giant has recently announced the introduction of same-day delivery for anywhere in the world. It is planned to spend $16 billion on this project. Amazon has seriously increased the number of its patent applications for logistics and supply chains. Only in 2016, the company has registered 78 patents, one of which turned out to be the sensational tower of drones.

Yet not only the B2C segment needs to increase efficiency. Most of the other manufacturers, from cars to computers, dictate the logistic principle of Just-In-Time. In case the customer is located in a difficult-to-access area, such as many mining companies, the costs of logistics usually rocket to the sky-high level.

Reached the limits of efficiency

To continue their expansion, companies will have to change the freight industry itself. Further optimization of the market of traditional logistics is simply impossible. Most of the proposed iterations make it possible to reduce only tenths, and sometimes even hundredths of percent of costs, or barely slightly reduce the time spent on delivery. In the United States alone, the total market for logistics and freight transportation was $1.5 trillion in 2016, which exceeds the market of 2015 by merely 2.6%. According to the same report, the annual growth of the sector was generally at the level of 7.5%. This indicates the market has reached a peak.

Now the industry is not ready for growth, the existing infrastructure becomes a subject to systematic inefficiency, and sometimes even fraud. According to the FBI estimations, the theft of cargo in America leads to an annual loss of $30 billion. The current system is not transparent. It includes dozens of mediators, and the number of their interactions with each other within a delivery can sometimes exceed a hundred or even a few hundreds. Blockchain can help that.

Distribute and transport

The technology will naturally fit into the logistics market and will make it more efficient in the very near future. The appeal of using blockchain is in its ability to create decentralized and unchanged registers supported by many parties at a time. Since the information cannot be hacked, damaged, or intentionally altered in behindhand, the transparency and value of the information stored in the chain increases significantly. As a result, all participants in the process will be able to access all sites, thereby minimizing the role of cargo brokers.

Furthermore, blockchain is necessary for the full implementation of unmanned delivery, whether it is to be done by drones or car wagons. Such platform can unite all participants as based on the same distribution system. This will remove a lot of problems, starting with the approval of the delivery route for robots and ending with the calculation of insurance fees and payment transfers. Working with blockchain will not only reduce the transaction costs, but also increase the speed and quality of cargo delivery. The transition of logistics to the unmanned systems (rather ground than aviation) is a matter of a very short time.

However, despite all the hypothetical advantages of introducing new technologies, it is difficult to predict the final consequences. In the United States, almost 1.5 million truck drivers are employed, and 13 million people were employed in the transportation segment for the year 2014 in total. Transition to the new technology will mean the release of colossal labor resources.

Right now, unmanned cargo delivery systems do not fit into the existing infrastructure. The current logistics market is based on the existence of a pilot. There is always an individual in a supply chain of decisions and actions. Reforming the market will only become possible if the initial environment will change to the one with no pilot present.

I see the appropriate market solution in elaborating an operational platform for unmanned cargo logistics based on smart contract technology, that should aggregate information on all the events of cargo robots lifecycle. Only in such case will the companies be able to reduce their costs and keep up with the forthcoming logistic revolution. And the only answer to this market challenge now is our open blockchain platform SKYFchain, that records all the key events occuring with cargo robots and their interactions in the supply chain. Each transaction is recorded on the platform. Each record has its own cost depending on the type, frequency and complexity of transactions and is denominated in a traditional currency. It’s mechanisms allow to guarantee the reliability of information for all its users. The platform also allows to implement logistics schemes and financial calculations of any complexity in the format of a smart contract. This  significantly simplify the interaction between operators and customers and gives financial and insurance institutions an effective and clear-cut tool to control the assets (including lease, escrow, and any other transaction) both in traditional and crypto-currencies. SKYFchain can unite all the market participants as based on the same distribution system. This will remove a lot of problems, starting with the approval of the delivery route for robots and ending with the calculation of insurance fees and payment transfers. With the help of SKYFchain, we will support the logistics industry transition to the unmanned systems, which will result in a significant reduction of the transportation costs.

On March 1, the pre-ICO of the SKYFchain will start. The system is available to all market participants and allows implementing logistics schemes and financial calculations of any complexity in SKYFT tokens. 1.2 billion SKYFT tokens will be released at a price of 3.9 cents. Pre-ICO will continue until March 31. During the pre-ICO SKYFT tokens can be purchased with a 40% discount.

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.

Can blockchain help save lives? TrustedHealth announces the ICO Presale and introduces a real-life use case

On March 20th 2018, the TrustedHealth ICO Presale starts. This blockchain-based health ecosystem in specialized medicine is designed to facilitate and accelerate patients’ access to highly qualified and expert care around the world. The Private sale was sold out without any advertising – Soft cap of 1000 ETH is already reached.  The price of the TDH token at every ICO stage is fixed — 0.00006 ETH. The ETH pegging is used in order to avoid a large difference in the price depending on the date of purchase due to exchange rate fluctuations of the $/ETH price. How to contribute in

On March 20th 2018, the TrustedHealth ICO Presale starts. This blockchain-based health ecosystem in specialized medicine is designed to facilitate and accelerate patients’ access to highly qualified and expert care around the world. The Private sale was sold out without any advertising – Soft cap of 1000 ETH is already reached.  The price of the TDH token at every ICO stage is fixed — 0.00006 ETH. The ETH pegging is used in order to avoid a large difference in the price depending on the date of purchase due to exchange rate fluctuations of the $/ETH price. How to contribute in the ICO Presale and the future of healthcare? Go to www.trustedhealth.io and apply for the whitelist.

When it comes to health only the best is good enough. For me, for you, for everyone.

The idea to create TrustedHealth – a single place for patients and doctors from different parts of the world — belongs to entrepreneur Greg Jarzabek. For months he was travelling all over the world hoping to find doctors to help his mother diagnosed with pancreatic cancer. Facing a situation where the best specialists are in different countries and even on different continents, he decided to make a change — a service that will allow to save thousands of lives. “There are huge problems in the provision of medical services in complex and life-threatening diseases. TrustedHealth solves them and gives patients quick access to the best medical service in digital form throughout the world. We attract the best specialists and people who are ready to help people at any moment from anywhere in the world. We also pay great attention to the charitable aspect with our project Tokens for Life – 1,000 TDH tokens from each ICO Presale contribution will go to the account of a specially established Fund, which will be used in the future to help those who cannot use the services of the platform on a fee basis,” – said CEO and co-founder of TrustedHealth Greg Jarzabek.

Technology can make healthcare work – a use case with a proven track record.

TrustedHealth is based on a fully–fledged working business model called Trustedoctor  (www.trustedoctor.com ) – its first ecosystem partner.  Trustedoctor offers a virtual communication platform and digital medical record creation –  patients get access to the best doctors, while the doctors get the opportunity to help patients and colleagues around the world. In addition to its social function, the ecosystem greatly simplifies the processes of interaction between hospitals, polyclinics, centers and other medical institutions, also involving individual patients on home treatment. The ecosystem already includes more than 50 hospitals from different countries, more than 80 world’s leading doctor specialists and more than 300 users from around the globe, actively using the service and recommending it to their friends and loved ones.

TrustedHealth combines digital tools of its own design that allow you to change the structure of the entire health system: digital medical records, accessible to doctors from all over the world simultaneously, decentralized ‘patient – doctor’ and ‘doctor-doctor’ communities, educational institutions based on web-technologies, special projects in the field of artificial intelligence and other special services and programs.

Join the revolution supported by world’s leading doctor specialists and blockchain experts

TrustedHealth is supported by a growing number of advisors – experts and professionals from the world of healthcare and oncology, doctors and researchers dealing with rare diseases, including authoritative experts with international recognition: Professor of medical school of Buckingham Medical School, Chief medical officer for Proton Partners International, and oncologist Karol Sikora, Professor of oncology, associative director for the comprehensive cancer research center of Northwestern university, former President of the European organization for research and treatment of cancer Roger Stupp, Consultant cardiologist at Royal Free London NHS, R&D Deputy Director, clinical research officer Dr. Ameet Bakhai, Professor of oncology at Imperial College, editor-in-chief of Oncogene Journal, the founder of the “Action against cancer” charity  fund in the UK, Professor Justin Stebbing and many others.

Experts from the field of blockchain, such as the founder and ideologist of the Starbase project Tomoaki Sato, a senior lecturer of the London University College, a specialist in cryptography, Dr. Nicolas Courtois, the American fintech entrepreneur, the author and the founder of a number of blockchain projects Lex Sokolin and other specialists take part in the development of TrustedHealth.

The full cast of advisors and experts that support TrustedHealth can be found on the official website of the project: www.trustedhealth.io/team .

A $ 3 trillion market with lots of room for improvement.

Today, healthcare worldwide is experiencing a new round of development and introduction of innovative digital technologies. The industry is one of the largest sectors of the economy with the capitalizing of more than $ 3 trillion in the United States alone. With the help of the released TDH token, TrustedHealth will combine all the healthcare services, transactions and products into a single ecosystem. The TDH token will enable all the users, patients, healthcare providers, and other industry representatives to work, share experiences, and help doctors and patients together.

Digital technologies transform virtually all the areas of health and well-being, including diagnosis, treatment, prevention, rehabilitation, management of chronic diseases and healthy lifestyles. Digital medicine is a promising path of development that will allow not only diagnosing and treating more accurately and effectively, but also making medicine more accessible and comfortable for the patient. In the future, its development will determine several main trends, where their category impact is already noticeable.

The road to recovery – a cure for the system.

One of the main goals of the service is to create an infrastructure that will unite all the best in the world of healthcare. Using a single currency will make access to services, as well as their payment fast, convenient and intuitive. Users no longer have to spend time searching for the right doctor – thanks to the built-in database, which includes thousands of doctors from different countries; each patient can find someone who is ready to help in his particular situation as soon as possible. At the same time, the medical record and the entire history of his illnesses are also available to the attending specialist or specialists, even if they are located in different parts of the world. Thus, the TrustedHealth project aims to overcome the fragmentation of the healthcare system and high costs patients have to pay to receive the best health services. It creates a single ecosystem not only to provide services, but also to provide a platform for the exchange of experience and professional development of doctors and medical institutions around the world.

And remember, Your Health is Your Greatest Asset.

For more information and on how to participate in the TrustedHealth ICO Presale, please visit the official website of the project: www.trustedhealth.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.

Asian Altcoin Trading Roundup: Top Cryptocurrency is Monero

FOMO Moments As we roll into the weekend markets have gone predictably red once again. Bitcoin is up a couple of percent but most of the altcoins are sliding during the morning trading session in Asia. One however stands out from the rest and today the leading altcoin is Monero. Coinmarketcap reports that XMR is … Continue reading Asian Altcoin Trading Roundup: Top Cryptocurrency is Monero

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

FOMO Moments

As we roll into the weekend markets have gone predictably red once again. Bitcoin is up a couple of percent but most of the altcoins are sliding during the morning trading session in Asia. One however stands out from the rest and today the leading altcoin is Monero.

Coinmarketcap reports that XMR is up over 15% today. From a trading level of around $320 yesterday the anonymous private altcoin has jumped to $372 today. Monero has been one of the better performing cryptocurrencies during February, rising 11% when most other coins have fallen. Looking at the weekly picture XMR is up 37% and continues to climb.

The price hike is likely due to an upcoming hard fork and airdrop around March 14. MoneroV will be spawned and holders of Monero will get a 10x bonus of XMV tokens. It has now become a regular pattern that the lead up to forks or airdrops significantly boosts the price of the cryptocurrency in question. Monero is likely to continue upwards, breaking $400 again in a few days. It has been pretty stable when other coins have pumped and dumped and reached an all-time high of $490 during the early January spike.

Monero is traded across all exchanges, the top three being Bithumb, Bitfinex and Binance. Market capacity currently stands at $5.8 billion putting this altcoin just in the top ten at ninth. Around $218 million has been traded in the past 24 hours.

Litecoin is the only other altcoins in the green in the top 25 this morning. A few outside the chart include Steem, Stratis and Ark. All others have fallen slightly.

More on Monero can be found here: https://getmonero.org/

FOMO Moments is a section that takes a daily look at the top 25 altcoins during the Asian trading session and analyses the best performing one, looking for trends and fundamentals.

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

Waltonchain Forgets to Switch Twitter Accounts, Wins Own Contest

TheMerkle Walton Cryptocurrency WaltonchainImmediately after a tweet announcing the winners for its Valentine’s Day campaign, Waltonchain created a PR nightmare, publishing a response to the tweet written by an excited winner on their own account. Some responses made light of the posting error, with the first Twitter comment reading “forgot to change accounts? lol”. Others accused Waltonchain of rigging the contest and called out some of the other winners (@Waltonchainbot and @Waltonchainuk) as either bots or fake accounts. Waltonchain (WTC) is a blockchain-based project using RFID tags to monitor inventory in business supply chains. In the hours following “the Twitter incident”, as they’ve named

TheMerkle Walton Cryptocurrency Waltonchain

Immediately after a tweet announcing the winners for its Valentine’s Day campaign, Waltonchain created a PR nightmare, publishing a response to the tweet written by an excited winner on their own account. Some responses made light of the posting error, with the first Twitter comment reading “forgot to change accounts? lol”. Others accused Waltonchain of rigging the contest and called out some of the other winners (@Waltonchainbot and @Waltonchainuk) as either bots or fake accounts.

Waltonchain (WTC) is a blockchain-based project using RFID tags to monitor inventory in business supply chains. In the hours following “the Twitter incident”, as they’ve named it on their page, Waltonchain’s team put out a formal statement explaining what happened and a two-second proof video on Instagram. In their statement, they claim the team member who posted the results also entered and won the contest. They’ve since banned team members from such contests. It is especially alarming that the person who first posted the contest results was the one responding to their own post in the third person. The video clip displays some code followed by the list of winners, and many are skeptical of its validity.

While some crypto investors are using this as an opportunity to pick up cheap Waltonchain tokens, others are indignant. “If a team is making silly mistakes like that how can we trust them with our money,” said Twitter user @Cryptopando. Whatever happens with Waltonchain, one thing is for certain: this incident has seriously damaged its credibility.

 

Two Bullish Signs For Bitcoin – Forbes


Forbes

Two Bullish Signs For Bitcoin
Forbes
After a prolonged correction, Bitcoin is back big time. The “people’s currency” gained close to 7% this week, stabilizing around the $11,000 mark. Is this comeback for real? Hard to say, as there are hardly any “fundamentals” to judge whether Bitcoin

and more »


Forbes

Two Bullish Signs For Bitcoin
Forbes
After a prolonged correction, Bitcoin is back big time. The “people's currency” gained close to 7% this week, stabilizing around the $11,000 mark. Is this comeback for real? Hard to say, as there are hardly any “fundamentals” to judge whether Bitcoin ...

and more »

Price Analysis, March 02: Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS – Cointelegraph (Bitcoin, Cryptocurrency and Blockchain News)

Cointelegraph (Bitcoin, Cryptocurrency and Blockchain News)Price Analysis, March 02: Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOSCointelegraph (Bitcoin, Cryptocurrency and Blockchain News)The views and opinions expresse…


Cointelegraph (Bitcoin, Cryptocurrency and Blockchain News)

Price Analysis, March 02: Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS
Cointelegraph (Bitcoin, Cryptocurrency and Blockchain News)
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market ...

1200 Australian New Agencies Are Selling Fractions of Crypto

1200 Australian New Agencies Are Selling Fractions of CryptoCryptocurrency enthusiasts from Australia now have the ability to purchase the digital assets bitcoin core (BTC) and ethereum (ETH) via regional 1,200 news agencies. Newsagents are using the idea to help declining interest in newspaper and magazines. Also Read: Australian High School to Host Information Night on Cryptocurrencies  Australians Can Now Buy Cryptocurrencies With 1,200 News […]

The post 1200 Australian New Agencies Are Selling Fractions of Crypto appeared first on Bitcoin News.

1200 Australian New Agencies Are Selling Fractions of Crypto

Cryptocurrency enthusiasts from Australia now have the ability to purchase the digital assets bitcoin core (BTC) and ethereum (ETH) via regional 1,200 news agencies. Newsagents are using the idea to help declining interest in newspaper and magazines.

Also Read: Australian High School to Host Information Night on Cryptocurrencies 

Australians Can Now Buy Cryptocurrencies With 1,200 News Agencies

1200 Australian New Agencies Are Selling Fractions of CryptoResidents from Australia will be able to purchase BTC or ETH with just “$50, and email address and a phone number,” says the financial news outlet the Australian Financial Review (AFR). Agents who provide various newspapers and magazines are trying to entice customers with a new reason to purchase the news. Further, the News Xpress agent in Oxenford, Queensland, Domenic Zizza explains these news agencies are looking for ways to add to their services in order to address declining revenue and add more demand to the business.

“[The take-up] has been fairly substantial, to say the least. In some instances it’s been a bit of a frenzy…people’s aspirations are high and this has provided an opportunity for punters to have a go, but at a small scale,” Zizza details to AFR.

The traditional newsagent is a dinosaur. There’s been a substantial decline in newspaper and magazine sales in the last three years and the transition to bring in additional value-added services to keep the business alive is a positive.

1200 Australian New Agencies Are Selling Fractions of Crypto

Democratising the Process of Acquiring a New Asset Class

Rupert Hackett the CEO of Bitcoin Australia explains in an interview that the newsagency’s attempt is about “democratising” the process of acquiring digital assets.

“Estimates indicated 2-3 percent of a country’s population owns digital currency, so we’re still at the early stage of the technology, but eventually we envision a world where you can buy or sell anything with cryptocurrency,” Hackett states.

It’s something we’re exploring, but it has to reflect the level or size of the network.

Not everyone from the news industry in Australia like the new business move. Adam Joy an executive of the Australian Lottery and Newsagent’s Association says newsagents should be careful. “Newsagents have many ways to innovate that are much less concerning and fall within regulations and safeguards,” says Joy. “When looking at cryptocurrency, in particular, businesses need to be aware of the level of illegal activity and lack of transparency attached to cryptocurrencies,” the executive emphasizes.

Cryptocurrency adoption is growing in Australia and government regulators are quite aware of the trend. News.Bitcoin.com recently reported that Australian authorities are set to introduce new laws that will enable the regulation and monitoring of cryptocurrency traders for tax evasion, money laundering, and other illegal activities.

What do you think about the news agencies offering bitcoin and ethereum services? Let us know in the comments below.


Images via Pixabay, Shutterstock, and Google Images. 


At Bitcoin.com there’s a bunch of free helpful services. For instance, have you seen our Tools page? You can even lookup the exchange rate for a transaction in the past. Or calculate the value of your current holdings. Or create a paper wallet. And much more.

The post 1200 Australian New Agencies Are Selling Fractions of Crypto appeared first on Bitcoin News.

Use bitcoin to hedge fears of losses during a trade war: Bitcoin bull Brian Kelly – CNBC

CNBCUse bitcoin to hedge fears of losses during a trade war: Bitcoin bull Brian KellyCNBCIs bitcoin a hedge against the trade war? One FM trader thinks so 49 Mins Ago | 02:02. To combat fears of a trade war, put your money in bitcoin, said hedge-fund m…


CNBC

Use bitcoin to hedge fears of losses during a trade war: Bitcoin bull Brian Kelly
CNBC
Is bitcoin a hedge against the trade war? One FM trader thinks so 49 Mins Ago | 02:02. To combat fears of a trade war, put your money in bitcoin, said hedge-fund manager and bitcoin bull Brian Kelly. "[Bitcoin] is the new gold," Kelly said Friday on ...

and more »