Day: March 9, 2018

Egypt: a new study has shown that Internet users are being secretly redirected to crypto mining scripts. #NEWS

Meet Cecilia Paolino – Uboldi a Strategic Advisor to ZeroEdge Bet

Cecilia Paolino is currently the head of commercial affairs at SlotGuru and is excited for her role as a key advisor in everything from crypto currency and Blockchain technology, to business strategies, new technologies and so much more. With close to two decades of experience in the online gambling and gaming industries, we feel that Cecilia is a wonderful addition to our team of top advisors here at ZeroEdge. Cecilia’s insatiable passion for seeing companies succeed in developing and growing their unique ideas or brands is an invaluable asset to ZeroEdge, and with her unique set of skills and experiences, we believe she is more than capable of advising on the best technologies in various aspects of our dynamic 0% house edge gaming concepts. Cecilia originally hails from Uruguay hand has lived all over the world in her various roles and professional capacities. She speaks no less than six international languages and can communicate on just about any level you could think of, business, technological, social and of course, gaming.

Disclosure: This is a Sponsored Article

ZeroEdge.Bet – Revolutionary online gambling platform with 0% house edge games

ZeroEdge is a unique concept set to revolutionize the way you gamble online. Currently, all online casino games come with a house edge, i.e. the advantage that the casino has over you, which varies between 1% to 10% or more, depending on the game. ZeroEdge’s solution – offer games with 0% house edge and give players a completely fair chance of winning. In other words, playing at ZeroEdge.Bet is literally free, you don’t have to pay anything to the casino like it’s with traditional online casino sites.

The most amazing part is that Zerocoin value increases as more people join the world first 0% edge gambling platform. It is all achieved by creating a closed-loop economy in which high demand for 0% games drives Zerocoin’s value up. This model is also known as Metcalfe’s law which was originally invented in 1993 and can be seen in the actual Bitcoin’s price growth. Zero Edge offers a unique gambling model which potentially could revolutionise the $70 Billion gambling industry. Players won’t be losing money, but instead earning from the increasing Zerocoin value.

We have made a survey & asked hundreds of people about their gambling preferences & experiencies.  The main finding was that 99 % of them stated that they would choose 0% house edge games to play if such games were available. High demand for the world’s first 0% house edge games will increase the Zerocoin value exponentially. An important task for us will be to educate the players and raise their attention on this beneficial concept.

Zerocoins (ZERO) will be available to investors during an upcoming ICO. Visit https://tokensale.zeroedge.bet to find out more.

The phenomenon known as cryptocurrency has attracted a lot of attention. Plenty of people are looking for up-to-date information regarding this new form of money. Unfortunately, this leads to a lot of misconceptions surrounding Bitcoin and altcoins. Let’s dispel a few of the more common ones.

4. Governments can Control Cryptocurrency

Even though some governments may want people to think they control and regulate cryptocurrencies, that is far from the case, as cryptocurrency cannot be regulated or controlled by default. Companies providing solutions related to this new form of money, on the other hand, are subject to existing guidelines which apply to other financial service providers as well. The flow of money in the cryptocurrency world is not controlled by any central authority, nor will it ever be.

3. I need to buy a Whole Coin

Even though it makes perfect sense for most people to buy one full Bitcoin, Litecoin, Ethereum, Monero, and whatnot, it is not necessary. For those who want to invest a very marginal amount of money into cryptocurrency, every coin can be divided using the eight digits after the decimal. This means one can buy a very, very tiny fraction of one coin and still be considered an active cryptocurrency investor.

Buying 0.001 XRP, of course, will not get you a lot of profit. This principle is valuable to explore when dealing with low-supply coins, whereas currencies with billions of coins or tokens in circulation usually warrant the purchase of one full coin or token due to their much lower price.

2. Bitcoin is for Criminals

It has become evident that criminals all over the world have taken a strong liking to Bitcoin and other cryptocurrencies. In most cases, the reason for doing so is completely wrong, as Bitcoin is not anonymous, nor are most of the other currencies. There are some exceptions in this regard, as a few cryptocurrencies do focus on anonymity and privacy. In the case of Bitcoin, those traits are notoriously absent, and they will be for quite some time.

Even with anonymity and privacy, criminals are not the ones to benefit from such features the most. Everyone on this planet who enjoys having a say over their own money should cherish financial privacy and anonymity first and foremost. It is not about having something to hide, but rather about being in control of your money and it not being anyone else’s business. Criminals just want financial gain, and they will pursue any avenue possible – including cryptocurrencies, unfortunately.

1. The Prices are too High / Bubble Markets

The current global interest in cryptocurrency should not be underestimated whatsoever. Even though the prices rose quite a lot last year – and dropped this year – it is evident there is still a lot of market momentum left in the tank. Any comments regarding how cryptocurrency is in a bubble can easily be ignored as well, as that is factually incorrect. There are financial bubbles to be wary of, but they do not apply to cryptocurrencies as of right now.

How bad were the crypto markets this week? Bitcoin lost nearly one-quarter of its value and it still wasn’t the week’s big loser.

Cultural tourism plays a big part in the travel industry. Big players like Lonely Planet and TripAdvisor offer loads of information about historical sites, museums, and landmarks, but there’s plenty of room for improvement. More and more companies feel the need to adapt, adopt disruptive ideas and join a digital transformation journey.

A new Blockchain-based project, Cultural Places, has entered the scene with a potential answer to the needs and wants of the modern culture seeker. The mission is to reinvent and restructure all aspects of the cultural industry, from ticketing and crowdfunding to trip planning and mapping, by bringing Blockchain technology and cultural heritage onto a single platform.

Cultural Places is best described as a social network for patrons, artists, and curators. Developed over the course of 3 years by Oroundo, the existing app – which is available on both iOS and Android – connects customers and suppliers on a platform better known as a cultural ecosystem.

Cultural Places has jumped on the Blockchain bandwagon and is looking to take its mission to the next level with the Cultural Coin; a dedicated cryptocurrency that users will use to purchase theatre and museum tickets, or support exhibitions and galleries. The ICO’s vision is to raise funds to develop a project that will become the go-to place for booking and discovering new trips.  

Transparent crypto-ticketing

Booking tickets online using traditional sites can incur high booking fees of over 30%. Not to mention, culture seekers often deal with touting and fraud attempts when hunting for the best deals. On Cultural Places, crypto-ticketing is done via smart contracts, removing middlemen and intermediaries. Customers buy reasonably-priced tickets, while artists are guaranteed that ticket touts don’t get in the way.

The platform adopts a new approach to funding and sponsoring too. With the help of Blockchain technology, institutions can provide unique, innovative, and interactive user experiences. The mission is to transform Cultural Places into a decentralized social network of people involved in the culture and arts industry.

Crypto-funding and social networking on Blockchain

Cultural Places aims to become a one-stop-shop social network for culture buffs and avid travelers. Culture seekers can join the platform to build relationships with like-minded people, buy digital and physical goods, make donations and become part of a loyal community.

Institutions can also benefit from the Cultural Places platform. They can use it to analyze and collect user data, thus gaining better insight into the content they share with users. The end-goal is to help organizations hone their data to provide better, more precise advertising and marketing compared with similar social channels.

Cultural institutions such as galleries and museums can send and receive payments via cultural coin tokens after becoming an active part of the platform. This allows them not only to sell tickets and lower cost as there are no intermediaries but also spreads awareness and gives access to new visitors.

A triple win concept for all users

All purchases executed on Cultural Places have an unrivaled, minimal fee that begins at 6%; which could result in revenue streams of nearly 94% for cultural institutions. For every purchase made, the platform takes a three percent share. The remaining three percent share is subsequently distributed among the community.

Users will get 1% in Cultural Coins of the total spendings on Cultural Places as part of the platform’s loyalty program. All Cultural Coin token holders will get another 1% as part of the platform’s reward program. A final 1% will be split among institutions to encourage them to enter the Cultural Places ecosystem.

The public token sale will be divided into 5 main phases. The ICO is currently live until April 5. Participants can purchase Cultural Coins in 4 phases starting with 0.018 EUR and receive a 40% discount. Between March 12 and March 18, the token price will increase to 0.021 EUR, and the bonus available will drop to 30%. Then the prices will increase to 0.024 and ends at 0.030 EUR on April 5 (the final phase of the ICO).

The post A Blockchain-Based, All-In-One Platform For The Cultural World appeared first on NewsBTC.

With all cryptocurrency markets dipping hard today, it is very difficult to find a positive note. The Litecoin price may provide that positive aspect so many people are looking for as of right now. More specifically, the Litecoin price is still down by quite a lot, but it is also the one currency seemingly recovering the question as of right now. That in itself is quite a remarkable trend, especially given the current market conditions.

Litecoin Price Remains Vigilant

It is commendable to see how all cryptocurrencies attempt to recover as of right now, even though very few of them can effectively do so under the current circumstances. As such, any altcoin going up in value right now is well worth looking into, even if it means the currency is just cutting the losses to a minimum. In the case of the Litecoin price, it is the only currency to effectively lose less than 5% in value over the past 24 hours.

To put this into perspective, the Litecoin price dropped from $210 a few days ago all the way to $162 this morning. That downtrend should not be ignored whatsoever, but it goes to show a temporary correction is not necessarily a bad thing in the world of cryptocurrency. The Litecoin price is now moving back up and almost reached $175 in the process. A very strong bounce, although it remains to be seen how long this momentum can last.

It is also worth noting the Litecoin price is seeing this unusual “success” thanks to an appreciation in the LTC/BTC ratio. More specifically, the LTC/BTC ratio has improved by 5.2% in favor of Litecoin. We need altcoins to rise in value compared to Bitcoin when the Bitcoin price is going down. Whether or not this ratio will continue to influence the Litecoin price in a positive manner, remains to be determined.

With $754.17m in 24-hour trading volume, things aren’t looking all that bad for Litecoin. Granted, this volume could – and should – be a lot higher when dealing with perfect conditions. The current cryptocurrency market sentiment is far from perfect, and it will not necessarily improve in the near future. For now, Litecoin is doing what it needs to do, albeit there is always room for improvements in this regard.

Looking at the exchanges, it seems OKEx will continue to dominate the landscape for quite some time to come. Their BTC and USDT markets are well ahead of GDAX’s USD market as of right now. Bitfinex is in fourth place, and Binance completes the top five as we speak. It is evident there is a large demand to both buy and sell Litecoin right now, although it remains to be seen how all of this will affect the Litecoin price moving forward.

With the weekend almost upon us, it remains to be seen what the future holds for the Litecoin price. Given the way things are going right now, there is room for upward potential and perhaps a Litecoin price of $200 later this week. Whether or not any of this momentum will effectively materialize, is a different matter altogether. The weekend is known for its odd trading action, and the current volatility will only shake things up even further.

IPCHAIN Database is designed as an innovative application based on Blockchain technology and meant to protect all forms of intellectual property (IP) such as inventions, scientific research, music, video, etc. The project addresses the needs of artists, inventors and scientists and is supported by key players within the industry. The team behind IPCHAIN Database has started the project following extensive research, market analysis and numerous talks to experts on intellectual property.

The platform aims to solve multiple issues surrounding the protection and use of intellectual property. One major issue with intellectual property is that its monetization requires legal protection, which can be difficult and costly to come by and many IP owners are do not have the means to ensure suitable protection. Traditional means of protecting intellectual property are often technologically outdated and are expensive and as such favor big companies, who can pay high fees for registering their IP. Aside from this, the process is tedious and complicated.

However, through the IPCHAIN Database platform, individuals will have the ability to both prove their authorship and thus protect their intellectual property quickly and at a low price. Users will save their IP on the Blockchain and will thereby receive a time stamped proof of authorship, which cannot be tampered with or edited and thus act as suitable proof in legal proceedings. Users will also be able to use the platform’s Blockchain based architecture to safely share confidential information and to securely sell their IP.

Who can use IPCHAIN Database?

• Inventors can use it to protect, promote, and trade intellectual property rights.
• Artists can use it to secure proof of their authorship, sell rights, and protect their property such as music, video, art etc.
• Companies can use it to protect, cooperate, and trade their IP including trade-secrets.
• Scientists can use it to safely share and protect their findings and publish them on the Blockchain

The advantage of IPCHAIN Blockchain

The following are few advantages of the platform

• Optimal protection against fire, data corruption or theft.
• The swift process of claiming ownership of novel concepts
• Creative UTXO Business Model
• Quick and cost-effective
• Flexible and incorruptible
• Complex Yet Flexible Transactions
• Mobile Application Support

Presale of Token

The use of the IPCHAIN Database, which is to be released at the end of 2018, will require IPCHAIN Tokens. These will be available for purchase during the company’s official Token Sale. The presale of the IPCHAIN is scheduled to take place on 24 March 2018. The breakdown of the token, as explained in its whitepaper follows:

Hard Cap: 20,000,000 USD
Total Tokens: 15,000,000
Number of Base Tokens for Sale: 8,500,000
Bonus Tokens (incl. Strategic Fund): 1,500,000
Tokens for Project Fund (team & development): 5,000,000
Tokens available in Pre-Sale: 7.5% of Base Tokens
Strategic Fund for early investors: 3.1% of all Tokens ma

Conclusion

IPCHAIN Database is the latest blockchain technology designed to revolutionize the way we protect, register, and transact intellectual property. Once successful, it will make it much easier and accessible for organizations and individuals throughout the world to buy, protect, and sell their IP rights. This process will be easier and faster when compared to our current traditional processes.

The post IPCHAIN Database: The Best Way to Protect Intellectual Property appeared first on NewsBTC.

It feels like a lifetime has passed, but the infamous Mt. Gox capitulation only. #RECAP

The role of data in business and consumer interactions has become a valuable and almost vital component of many of the services people operate day to day. From the customization of payment and insurance plans, to the specific targeting of ads and features based on customer data. Understanding consumer behavior has never been more important.

Disclosure: This is a Sponsored Article

Data Is The New Oil

The pitfall of this large data collection mentality are questions like “who owns the data”?, “Who has access to it?”, “How is it being used?”, and “How do some companies get a hold of customer data that they’ve had an interaction with before?”. When questions like these go unanswered it creates a fissure in the trust consumers have when conducting business with companies, especially ones online.

Cultures like these have given rise to the age of decentralisation, where power is being restored back to the people, who are being given a greater influence on the management of their behavioural data, and the role of blockchain technology is enabling this to great effect.

Enter DATx Dragon

DATx, a new blockchain initiated by Cosima Foundation, in partnership with leading advertisement platform Avazu, have decided to tackle such an issue. Leading the charge on decentralized behavioral data utilization. Avazu has a good history of effective and global advertising coverage, and they understand the current ecosystem of fragmented and cluttered user behavioral data, they’ve seen the difficulty in utilizing it properly and honestly. That is why DATx was developed to tackle this issue.

Bringing a renovated approach to advertising, DATx introduces a new smart advertising ecosystem, with decentralization as the foundation and artificial intelligence as the power engine. Foremost they provide remote storage of user behavior data, in a decentralized network at which users can acquire and access from anywhere. These records can simulate whole user personas to learn the business insights underlying the various user views, clicks and purchases. Creating what some experts call a “digital halo” effect.

An Equal, Even Ecosystem

DATx will address delay times in data input and proof of stake consensus that allows block producers to maintain control of the network, and prevent stakeholders from suffering losses in the event of network issues. The advertising ecosystem DATx will deliver has responsive large volume advertising algorithms that can deal with large numbers of users, understand behavioral patterns and preferences and target accordingly.

DATx will develop itself from user-orientation behavior archiving to using that data to develop protocols that recommend content and enhance value creation through its advertising ecosystem.

About DATx

DATx core team members comprise over 80 engineers, product managers, architects and UEX experts, while other key members for the development of DATx include senior executives from Avazu. Its official cryptocurrency, DATx token, is now open for sale to institutional investors, with a total of 10 billion DATx tokens issued.

To learn more, visit the DATx Website: https://www.datx.co/

OBi, is OpenBlocks automated cryptocurrency trading bot that will bring trading returns to the Open Block platform token holders. This allows people from almost anywhere in the world to participate by staking their tokens on the network.

Research over the last two years has shown that digital currencies have become a source of high marginal returns considering its ample trading opportunity and skyrocketing prices. Consequently, it allows individual traders to take advantage of multiple aspects of digital currencies often without the knowledge of the pitfalls of trading, such as high volatility that leads to major price swings.

Trading cryptocurrencies have always been a risky endeavor considering the opaque background of various coins, a trader must know the complexities of trading and the understanding of a rapidly growing cryptocurrency landscape. Considering the fact that the crypto market remains open 24/7 with little oversight and is highly volatile. This environment has led the perfect storm for both huge losses and huge gains.

Monitoring trends to make the right decision is a tricky task that involves deep analysis of market trends, fundamentals, 30-day moving averages and so much more. Although gaining information from the internet is not a difficult task, it’s important to absorb the correct data from unbiased sources continually. A single individual would have a hard time performing these time consuming and often mundane tasks day in and day out with precision.

The Artificial Intelligence Advantage

The advantages of A.I. trading to human trading is that A.I. has predetermined trading rules, trades 24 hours a day, zero emotional breakdowns, understands risk management and the list goes on.  

Considering the huge potential crypto markets have to offer, OpenBlock has solved all of these issues with an automated trading bot. OpenBlock has carried out two years of investment and extensive research and development into a proven trading bot that solves all the problems of human day trading and provides consistent profits day in and day out.

What Is OpenBlock

OBi, is OpenBlocks‘ automated cryptocurrency trading bot that will bring trading returns to the Open Block platform token holders. This allows people from almost anywhere in the world to participate by staking their tokens on the network. Individuals that do not have the time nor the basic knowledge of crypto trading can benefit from the continuously growing digital currency marketplace without sitting in front of a computer pulling their hair out trying to make money. OBi is a highly advanced automated trading bot that does all the heavy lifting for members of the OpenBlock community 24 hours a day.

Obi trades dozens of currency pairs of crypto simultaneously while it scans the markets, analyzes charts and performs fundamental analysis around the clock which is above and beyond what any human trader could ever perform on a consistent basis. OBi has the ability to trade up to 1200 round trips in a single 24 hour period.

Artificial intelligence is the future of trading, and OpenBlock is at the forefront of this trading revolution.  

OpenBlock believes in complete and utter transparency and livestreams its trades in real-time on www.OpenBlock.co and the official OpenBlock Youtube Channel. Obi posts the results daily of individual trades and daily profits earned. This ensures that staking participants are always in the loop. OpenBlock is truly building a formidable company that is here for the long run and has a sustainable business model

OpenBlocks’ first round of Presale is currently underway. Learn more by signing up here

The post Why Artificial Intelligence is Making Day Trading Obsolete, Research Revealed by OpenBlock appeared first on NewsBTC.

“Let innovation flourish” says new EU “Action Plan” on Blockchain and fintech. #NEWS

Phoenix has been designed as a decentralized organization (DAO), which is based on blockchain technology. The result is that transparency and security are assured for any process that occurs within its framework. All financial transactions within this system are processed with the aid of the Ethereum virtual machine. Ethereum has been designed as a global decentralized computer that can store information on all transactions at the same time and make them available to everyone.

The Phoenix system is based on a complex but clear algorithm, which enables users to increase the worth of their financial assets within the system over a short time. Additionally, this algorithm has been designed in a manner that minimizes the financial risk for the users. It works within the framework of an unchangeable code that runs on the Ethereum blockchain called the smart contract.

How the Phoenix System Works

Every process and activity that users partake in within this system is carried out in accordance to a set of strict rules. These rules have been designed to ensure fair play for all participants of the Phoenix system. Every new user on the Phoenix system uses the Ethereum Smart Contract to join the system. This contract is completely automated, and it can’t be altered by others at any time.

By making the first payment to the smart contract address, the user automatically agrees to all the rules set forth in the contract. The Phoenix smart contract code is publicly available, and it can be reviewed by anyone for authenticity and integrity. Once the smart contract is launched on Ethereum blockchain, it will start policing the whole process, ensuring that all messages and payments sent by the Phoenix platform members remain safe.

The Phoenix platform works as a self-reliant financial algorithm that allows the accumulation of funds. This algorithm is based on a system of rounds. Thus, accruals by participants occur after each round has been successfully terminated. Concurrently, the transfer of the first payments to the participant’s wallet will occur following the one in which he or she invested. Thus, if someone wants to join the Phoenix project while it is in the third round, the first payout will be made when the fourth round is completed.

More information about Phoenix Project is available at – https://www.phoenix.wiki/

The post The Phoenix DAO: Why You Should Participate appeared first on NewsBTC.

Star Xu, the founder of Chinese crypto exchange OKCoin, is sparking controversy with remarks his firm may be open to working with the government.

The post Ripple Analysis March 10, 2018 appeared first on NewsBTC.