Day: March 20, 2018

The US Federal Trade Commission launched a Blockchain Working Group to study the way blockchain and crypto impact the agency’s objectives. #NEWS

A little-known British crypto company has already turned XRP futures into a budding business worth over $30 million a month.

200 ICOs looking for solid regulatory support are queuing up to launch in Gibraltar. #NEWS

Paypal co-founder and billionaire investor Peter Thiel sees Bitcoin as the online equivalent to gold, betting on Bitcoin and arguing that a quest to amass a great deal of money is the bubble that never pops. Thiel holds Bitcoin as a haven for its stores on monetary assets.

Thiel has decades’ worth of strategic and smart investments, as co-founder of PayPal and one of the first investors in Facebook. He backs the idea that Bitcoin will become a store of value instead of a currency used for an online transaction:

“I’m not talking about a new payments system. It’s like bars of gold in a vault that never move, and it’s a sort of hedge of sorts against the whole world going falling apart.”

If the market sees further consolidation, Bitcoin price could drop a further 25% from February highs, although technical analysis traders have mixed opinions on the matter.

Thiel’s investments could be more than what meets the eye and he could be more bullish on the currency than he lets on. In January 2018, Founders Fund, of which Thiel is the co-founder, recently purchased between USD 15 million to 20 million worth of Bitcoin across several of its funds.

Thiel’s comments could help the market, with the price slowly climbing back up from a fall below USD 7,682. Thiel also struck a bullish tone on Bitcoin against altcoins,suggesting that the most substantial cryptocurrency by market capitalization will maintain its position.

Nevertheless, his sentiments did not express complete confidence. Thiel speculated that there is a 50 to 80 % chance that Bitcoin would have no value in the future.

 

 

The post Peter Thiel States Bitcoin Will Be the Online Equivalent to Gold appeared first on BitcoinNews.com.

Bitcoin Press Release: Chimaera, the original creators of blockchain gaming to launch token sale on the 23 March 2018. Chimaera offers a backend solution for hosting entire game worlds on the blockchain. Game worlds and universes that can run unstoppable and are resistant to censorship.

20 March 2018, London, England: Since the first years of Bitcoin, online gaming has always been a focus of a number of cryptocurrency initiatives and developments. However, due to many  issues previously unaddressed, such as speed, cost, and scalability, existing projects have largely failed to incorporate blockchain technology into video games in any significant way.

Fortunately, there is an emerging platform, Chimaera, that seeks to penetrate this hundred billion dollar industry through a revolutionary approach. Unlike existing projects, Chimaera (CHI) is creating a custom blockchain ecosystem that will allow games to run, serverless, directly on top of its custom blockchain.

Virtual gaming startup Chimaera is gearing up for their public presale, starting 23 March 2018. Participants in this token generation event will have the opportunity to purchase Chimaera’s native CHI coin. CHI fuels all transactions on the blockchain as well as transactions between the blockchain and game channels.

The token event will play host to three bonus rounds; participants will have the opportunity to secure a 30% Discount in the presale and a 15% Discount in the first main stage.

Blockchain-based gaming

While other initiatives may provide interesting approaches to this massive industry, these attempts have been limited in scope and capacity mainly just a system of virtual asset trading.

Chimaera, on the other hand, is forging a revolutionary technology coined “game channels” which represents a gamified adaptation of Lightning Network developments. Game channels is an idea first introduced by Chimaera’s lead developer, Dr. Daniel Kraft, on Bitcointalk in 2015 and explained thoroughly through a peer-reviewed 2016 Ledger journal entry.

With game channels, players can connect to one another and game worlds directly on the Chimaera blockchain. Without a central server, game developers pay nothing for server upkeep. Additionally, as gaming takes places on the immutable blockchain ledger, players are automatically protected from cheaters, and no human moderation is required.

Empowering Gamers

As all gaming takes place on the custom Chimaera blockchain, gamers subsequently maintain real and liquid ownership of all their in-game currencies, assets, and characters. As a result, players are free to transfer and trade items between different games and players, as well as buy and sell them for real-world currency.

This ecosystem enables a Play-to-Earn framework for all gamers, and potentially a paradigm shift in the way games are played. For the first time in the history of video games, players can take part in an ecosystem where their virtual labors and successes translate to real profit. This profit can be utilized to purchase other games and gear, or even cashed out completely. Not only does this ecosystem empower gamers to profit, but it also eliminates sunk costsassociated with a player losing interest in a game or merely transitioning from one game to another.

Team and Background

While the underlying technology and solutions Chimaera provides are undoubtedly exciting, what’s just as impressive is what’s behind the project. Chimaera consists of a stellar team of industry leaders and cryptocurrency veterans.  As mentioned previously, Dr. Kraft is the inventor of the underlying game channels technology behind the platform. Additionally, Kraft is one of the top contributors to the Bitcoin Core codebase, and was also a lead developer of Namecoin- the cryptocurrency from which the Chimaera blockchain is forked from.

Apart from Kraft, many team members represent successful backgrounds with decades of experience developing indie and triple-A titles alike. Some of these members have worked in powerhouse gaming studios such as EA and Square Enix. Major games they have worked on include Command and Conquer and Medal of Honor, and games representing popular IP’s, such as Star Trek and the Walking Dead.

The development of Chimaera precedes that of most of the major altcoins. The Chimaera team initially worked to create Huntercoin, a revolutionary project launched in 2013 that represented the first game propagated directly on the blockchain. Chimaera is essentially the evolution of this prototype- an environment that can apply this approach to a vast array of online game.

Visit the Website: https://chimaera.io
Read the Whitepaper: https://chimaera.io/downloads/Chimaera_White_Paper.pdf
LinkedIn: https://www.linkedin.com/company/18216465/
Read on Medium: https://medium.com/@Chimaera_Tech/
Join on Facebook: https://www.facebook.com/chimaeratech/
Follow on Twitter: https://twitter.com/chimaera_tech
Chat on Telegram: https://t.me/chimaera_en
Reddit: https://www.reddit.com/r/chimaera/
BitcoinTalk: https://bitcointalk.org/index.php?topic=1784048.0

Media Contact
Name: Ayalies Schoonhoven
Location: London
Email: [email protected]

Chimaera is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest

About Bitcoin PR Buzz -Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 5 years. Get your own professional Bitcoin Press Release. Click here for more information about Bitcoin PR

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Bitcoin Press Release: CoinMetro steams ahead, expanding their expert team in Estonia and begin working global regulation applications as part of their forthcoming regulatory plan. The Coinmetro Token Sale concludes March 31st, 2018.

20 March 2018, Hong Kong City, Hong Kong – CoinMetro are taking an active role in the pursuit of regulation; it is understood that one of the most significant challenges facing cryptocurrency exchanges presently is the inability to for exchanges to maintain resilient relationships with governments, financial institutions and so on.

CoinMetro knows that it will be operating the platform on a global scale, and if they are to keep the red tape away then it is vital that CoinMetro has a framework of global licences that stretch across multiple jurisdictions.

Making Moves

On November 25th, 2017, CoinMetro began taking essential strides on two fronts: firstly applying for an eMoney Registration in Georgia which allows for the payment services-side of the CoinMetro business to operate and deal in fiat transactions with countries from outside of the EU.

Secondly, applying for eWallet and Fiat to Crypto Exchange Licenses in Estonia. By doing this, CoinMetro secures the means to operate an exchange that deals in both fiat and crypto for clients within the EU and across the globe, also allowing for payment acceptance via credit cards, SWIFT transfers, SEPA transfers, and external wallet systems from EU residents. They will begin to work closely with regulatory bodies, governments and so on to build relationships and obtain the necessary licenses. This is just the first step in an ambitious regulatory plan that looks to acquire licensing in a multitude of jurisdictions.

CoinMetro have additionally brought on Danny de Gier as part of their regulatory team. De Gier, 48, is a Financial Crimes/AML/Sanctions expert, who has worked in industry leading companies like IBM, HSBC and RBS. With 10 years in the IT industry and a further 15 combating money laundering, fraud and other financial crime, Danny’s understanding of regulated industries is second-to-none.

Danny boasts strong experience in leading global AML teams, and he also provides consultancy to a wealth of smaller firms firms such as the International Compliance Training Organisation.

The CoinMetro Platform

The CoinMetro platform is designed to bring traditional financial services and more to the Cryptocurrency / Blockchain space, below are some examples:

• An ICO Express feature that allows for TGEs to launch via the CoinMetro platform, simplifying the tokenization process and allowing for immediate listing on the exchange following the end of the ICO as well as possible inclusion onto the ETCF board for added liquidity.
• An ETCF Board that helps solve the current ERC20 liquidity shortage and also gives both experienced and inexperienced crypto investors and easy tool to diversify their holdings with a few clicks.
• The TAM or Tokenized Asset Management platform that helps lure asset managers from other markets into the space and gives our clients the ability to profit from their collective trading experience.
• Atomic Swaps, a smart contract escrow tool that allows traders to swap tokens without going through an intermediary, eliminating third-party fees.
• A Multi-Currency wallet that can hold Crypto and Fiat.
• Crypto Lending, where users can make an interest-based income from loaning their cryptocurrency.
• Cryptocurrency Debit Cards.

These tools are robust and will usher in a new era of how users engage with cryptocurrencies; making the crypto space one that can be easily navigated and all the while offers similar benefits to fiat currency as well as further innovations. For this era to come about and for CoinMetro users to reap the full benefits of the platform, it is of paramount concern that all regulatory needs are met, hence the commitment to making it a reality.

CoinMetro Token Sale

The CoinMetro Token Generation Event (TGE) for the XCM token is ongoing and ends March 31st, 2018. Since its launch on the 21st of February, it has raised just over 14 Million USD, the first $4 Million of which was raised within the first 12 hours of the event going live.

The current price of XCM is $0.15; the bonus and pricing structure for the TGE are as follows

100M COIN Sold – 8% TBPR 1 + lifetime CM discount 2 +0.01 price increase

150M COIN Sold – 11% TBPR 1 + 0.01 price increase

200M COIN Sold – 14% TBPR 1 + lifetime pre-pre-token sale invites +0.01 price increase

250M COIN Sold – 17% TBPR 1 + lifetime FXPIG discount 3 +0.01 price increase

300M COIN Sold – 20% TBPR 1

Note: “TBPR” stands for “Token Buyback Program Reserve”

Visit the CoinMetro Official Site – https://coinmetro.com/
Check out the Whitepaper – https://coinmetro.com/whitepaper/
Chat on Telegram – https://t.me/CoinMetro
Follow on Twitter – https://twitter.com/CoinMetro
Connect on LinkedIn – https://www.linkedin.com/company/coinmetro/
Like on Facebook – https://www.facebook.com/CoinMetro/
Read the Medium – https://medium.com/@coinmetro
Check out the SubReddit – https://www.reddit.com/r/CoinMetro/

Media Contact
Contact Name: Myles Claffey
Contact Email: [email protected]

CoinMetro is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest

About Bitcoin PR Buzz -Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over five years. Get your own professional Bitcoin Press Release. Click here for more information about Bitcoin PR

The post PR: CoinMetro Ahead of the Regulation Curve, Expanding Their Presence in Crypto-Friendly Spaces Ahead of Token Sale Close appeared first on BitcoinNews.com.

Hong Kong Exchanges and Clearing Market seeks advice from Australian Securities Exchange for Blockchain implementation #NEWS

The Hong Kong Stock Exchange is looking to follow its Australian counterpart in developing a blockchain settlement system.

The IPSX token event came to a close on 5 March, hitting its target during the event. Whitelisted participants have been able to buy IPSX Tokens, starting at the price of 0.0000141 ETH. With just under 50% of IPSX Tokens were sold for 9,500 ETH, this raised circa 8,000,000 USD. The result established a promising trajectory of the project.

IPSX has just announced the launch of a demo version of their MVP for sharing IP addresses. IPSX is the first fully decentralized IP Sharing platform, the platform was founded on blockchain capabilities and its goal is to meet the high market need for IP addresses for both users and organizations.

How Does it Work

The IPSX platform will primarily create a secure IP address sharing marketplace. This will be a fully decentralized and transparent marketplace, enabling entrepreneurs and developers to use IPSX embedded tools such as SDK’s and API’s in order to develop custom applications that require a large number of IP addresses. These functionalities result in IPSX playing a major role in the next phase of the internet.

If looked at from a business 2 business (B2B) point of view, IPSX addresses mainly Data Centers, Virtual Private Network (VPN) providers and any kind of platform that relies on Data Acquisition. IPSX combines the flexible and easy to integrate tools such as SDK’s and API’s into its platform. IPSX has a high privacy demand and an extensive level of security. This allows IPSX to enable VPN, and Data-centers to exchange IP addresses

As it stands, VPN providers encounter some problems such as; a stringent limit on the number of IP addresses, uneven geo-distribution of IP addresses, which may result in IP crowding, this lack of UP time usage options. Most VPN won’t provides the option to pay for as much as an IP being used, this leaves clients unable to provide feedback for the IP. This results in poor quality service. IPSX was designed to solve these problems.

A Scalable VPN

The IPSX platform has been built to enable the user to have access to the quality VPN services. This will meet the high demand for IP address usage from various locations across the globe. The platform, in turn, gives the user an option to pay for the IP usage time, thus if a user needs a remote IP for a short amount of time he will not have to pay for an entire subscription, but only for the time provided.

This fixes the lack of IP availability that both users and VPN providers encounter.

The IPSX platform plays host to all transactions that will take place on the network, these are permanently registered in the blockchain, thus offering full transparency and high levels of security. Keeping a transparent ledger that will constantly be updated with the IP’s and the purpose of their use. IPSX will partner with VPN vendors around the world to help them reach as many clients as they can.

A marketplace that sets an overall standard of IP address providers and VPN providers in the same place, establishing a well and truly contractual agreement between the two parties. Additionally, IPSX having an internal economy and being an ecosystem, IPSX will enable Data centers to share a full range of unused IP’s in order to win real-time FIAT exchangeable IPSX tokens in a safe way.

IPSX addresses this specific need of the Data Mining industry and offers businesses the ability to rent large volumes of IP Addresses and plenty of usage options, such as:

• IP addresses from different geolocation;
• Different IP address classes/host names;
• IP addresses with a specific speed;
• Different usage time for IP addresses (from 5 seconds, 1 hour, 1 day, 1 week, 1 month, 1 year);
• Accessing IP addresses via different protocols (Socks, Http);
• Competitive pricing on IP address sharing based on all the above filters;

The post IPSX to Release Demo Version of their Platform After their Successful Token Event appeared first on BitcoinNews.com.

Bitcoin is eyeing a move towards $9,000, courtesy of a bullish breakout on the 4-hour chart and a bullish hammer reversal on the daily chart.

CoinDesk

$9K Ahead? Bitcoin Looks North After Bull Breakout CoinDesk Bitcoin (BTC) looks set to extend its two-day winning streak and could soon test the $9,000 mark, technical analysis suggests. Over the last two days, bitcoin has retraced close to 30 percent of the recent drop from $11,660 (March 5 high) to $7,335 ...

Things are still looking pretty solid for most cryptocurrency markets as of right now. Especially the EOS price is noting some major gains over the past 24 hours. After being called out by John Oliver a while ago, the currency is now back above a value of $5.75. A pretty interesting trend, although sustaining it will be a major challenge for any coin, especially EOS.

EOS Price is on the Move Again

After the troublesome first few weeks of 2018, it is pretty interesting to see how cryptocurrency markets are recovering as of right now. Although the EOS price has seen its fair share of dips ever since hitting an all-time high of nearly $18, it seems the current trend is showing some positive signs. While there is still a lot of lost value to be recovered, this current 22.5% gain should not be overlooked either.

After the massive crash of early 2018, we have been looking at an EOS price of just over $4 for some time now. This makes the current gains all the more impressive, considering there was a very real chance the EOS price would dip even lower. Thankfully, it seems this week is off to a good start in this regard, although it is still too early to tell whether or not we will see any further positive change sin the near future.  Anything is possible in the cryptocurrency world, though.

It is also worth noting the EOS price is rising partially thanks to solid gains over both Bitcoin and Ethereum. More specifically, EOS has gained a shocking 19.54% over Bitcoin and a stunning 2.82% over Ethereum. All of this, combined with the rising Bitcoin value, effectively propels the EOS price to back over $5.75. It is quite interesting how altcoins thrive when Bitcoin is doing well, even though it remains to be seen how long this optimism will last.

With $790.6m in 24-hour trading volume, the demand to buy and sell EOS is certainly there as of right now. Even though the overall cryptocurrency trading volume is still below $18bn as of right now, it seems these numbers will continue to improve for the foreseeable future. That is, until the next piece of regulatory news or market shenanigans comes to marketing to send all cryptocurrencies into a death spiral once again.

The way things look right now, Bithumb is the go-to place to buy and sell EOS. That in itself is always interesting to keep an eye on, even though it goes to show the rest of the world isn’t as interested in this altcoin. Bithumb currently generates nearly 44% of all trades, followed by Bitfinex and Huobi. It seems the Western world is following South Korea’s volume, which may indicate the EOS price will drop pretty soon. Only time will tell how all of this plays out.

For the time being, the EOS price trend seems to be in place rather firmly. That doesn’t mean the EOS price will rise to $6 later today, though, but it is not impossible either. As long as Bitcoin and Ethereum continue to show some positive momentum, things will get very interesting for all currencies Whether or not this means all markets are in a permanent state of recovery, remains unclear. Volatility still lurks below the surface, and the markets are not out of the woods by any means.

A politician from Venezuela’s ruling party has denounced U.S. sanctions against the petro, as the sale of the token opens to the public.

Cryptocurrency is slowly gaining traction in Switzerland. This is mainly due to the Zug region, which effectively allows people to spend cryptocurrency for regular purchases. Swiss regulators, on the other hand, remain on the fence about cryptocurrency. In fact, some officials are concerned this Crypto Valley label will destroy Zug’s reputation in the long run.

Crypto Valley is a Success

Everyone knows how Zug sets an intriguing cryptocurrency precedent in Europe. Unlike most other countries, the region effectively embraces Bitcoin payments as of right now. It can be used to pay for public transportation and other local services without too many problems. As such, the region is showing the rest of Switzerland how beneficial Bitcoin and altcoins can be.

This success has not gone by unnoticed either. Zug makes a lot of media headlines, yet not everyone is a fan of this development. Even though Zug is home to nearly 200 blockchain companies, cryptocurrency remains a treacherous topic of discussion. Especially because the region is attracting so many ICO projects these days. This model of raising money is being scrutinized by regulators all over the world.

Add the volatile cryptocurrency price swings on top of that, and it is not hard to see why some people remain wary. Some Swiss officials are wondering why the long-term effect of this “Crypto Valley” will be. The potential losses for investors are very real where cryptocurrency is concerned. Moreover, the ICO industry is prone to fraud, flops, and threats to the financial system. All of these concerns can make Zug’s open-minded approach backfire in the long run.

Why Officials Are Concerned About Zug

According to a local councilor, the standing of Zug will lower in the eyes of the public. His main concern is how people don’t know from there to where the money is flowing. It is possible some funds from illegal operation is involved in these operations. Cryptocurrency doesn’t have the best reputation in this regard. Bitcoin and altcoins are often linked to criminal activity first and foremost.

Additionally, some people don’t take kindly to the success of cryptocurrency enthusiasts. It is evident this new form of money is very difficult to understand. As such, people tend to oppose mainly because early adopters can make good money from it while they cannot. This “jealousy” will always be present in his cryptocurrency world. Furthermore, Zug is becoming so popular because of the friendly government, rather than getting away from governments altogether. It is evident this doesn’t exactly correlate with the concept of cryptocurrency as most people see it.

Whether or not Swiss authorities will crack down on Zug, remains to be seen. Right now, there is no indication this will effectively happen. At the same time, situations like these can always change in the future. Even the local canton authorities are wary about becoming “too big for their own good”. Crypto Valley is a valuable addition to the cryptocurrency ecosystem. Whether or not it will remain free from regulation and crackdowns, is a different matter altogether.

The post Swiss Authorities Indecisive on Zug’s Crypto Valley appeared first on NewsBTC.

Since the mid-nineties web advertising has undergone some extraordinarily radical shifts. This transformative period in technology forever changed the advertising industry as the money making power of search engines, impressions, pay-per-click, paid searches and so on were only beginning to be realised.

An ever changing industry

At that point, web advertising wasn’t much more than classic banner ads and pop ups, but as the number of websites increased, search engines began to emerge and soon they were forming new business models that monetised their services.

Pay-per-click and advertisement programmes on search results pages were proving successful, it wouldn’t be long before we saw targeted advertising and social publishing begin yet another period of advertising evolution. Matching user search queries with relevant advertisements on the search pages and content publisher sites were becoming the norm until social platforms like Facebook and Twitter outgunned them.

Having user data access on a significantly larger scale, social media platforms could create complete social profiles creating a perfect environment for the highly successful approach of targeted advertising.

Whilst successful and still in practice, advertising was still disrupting the user experience and targeted advertising was beginning to feel quite invasive for users who in response put up walls of ad-blockers, pushing advertisers to innovate further.

Presently we have Native Advertising, a non-disruptive user friendly form of advertising that supplements the user experience. Web marketers now use featured content, promoted tweets, suggested posts, sponsored content etc., which are projected to soak up native display Ad revenue in the future and are better at rebuilding trust and engagement with potential customers than traditional display advertisements.

A blockchain evolution

Blockchain startup DATx is proposing we push the advertising industry ahead with a new smart advertising ecosystem. Built on the foundation of decentralisation and powered by cutting edge artificial intelligence (AI), the DATx platform provides blockchain innovations that can boost the power of native advertising through big data solutions to provide accurate records of user likes, dislikes and other general behaviours, which is no wonder they are the first blockchain-based platform to have more than 100 million daily active users within their advertisement ecosystem.

DATx has realised that advertising is now content so why not combine advertisements with different types of content feeds and applications?

The DATx Native Advertisements Feed keeps users engaged for longer in their personalised recommendations feed, drawn from the complex DATx user data archive. Users can navigate through different categories and switch on their personalised recommendations within them giving them a potentially endless stream of relevant content to browse and directly engage with.

DATx is making a bid to revolutionise the advertising industry again, and its public blockchain and ecosystem has all the power to meet the needs of the advertising going forward in our ever changing technological environment.

Designed to help advertisers break down the many barriers between them and the public, DATx has formulated an innovative means to generate even greater trust and engagement through native advertising. Creating a meaningful and relatable experience through advertising generates more leads, potential customers and greater exposure for companies.

Click here to find out more

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