Day: March 22, 2018

According to a report from a Japanese outlet Nikkei, Japan will issue warning to Binance. #NEWS

France Creates Working Group to Regulate Cryptocurrencies

“No consumer … or entrepreneur can carry out a transaction, can invest, or can develop a business in a regulatory vacuum. This goes for France like the rest of the world. In this very moment in Buenos Aires, on the occasion of the G20 summit, I place this ambition at the heart of discussions with my international partners. This is France’s role: to be a driving force behind proposals for building the world of tomorrow”

“A revolution is underway, of which bitcoin was only the precursor. The blockchain will offer new opportunities to our startups, for example with the Initial Coin Offerings (ICO) that will allow them to raise funds through ‘tokens.’”

The post France Regulates Cryptocurrencies to Build “The World of Tomorrow” appeared first on NewsBTC.

A platform is launching a Blockchain terminal for trading cryptocurrency as interest from hedge funds grows. #SPONSORED

The bulls’ failure to beat resistance around $9,000 in a convincing manner has increased the risk of another drop in bitcoin prices.

Facebook has become so much more than a social media company over the years. Not all of their decisions are appreciated by the general public, though. It also seems the platform faces major concerns regarding privacy and censorship. Blockchain technology may very well be the undoing of platforms like these for many different reasons.

Facebook Faces Many Problems

Being the world’s leading social network often comes at a price. For Facebook, there are growing concerns regarding privacy, data harvesting, and content censorship. Right now, users are forced to give their content and personal information freely to the company because there is no way to circumvent this problem. Blockchain technology, on the other hand, can make such platforms obsolete fairly quickly. Users can see which data is shared and with whom in a transparent manner. The idea is everything Facebook is, but also what Facebook isn’t or can’t be.

RBC Capital Markets analyst Mitch Steves has been thinking along the same lines. In his opinion, blockchain can disrupt social media for multiple reasons. Being able to share all types of content with only the people you want to without relying on intermediaries sounds quite appealing. This will prevent data harvesting by internet monopolies such as Facebook and Google. 

One of the pressing problems remains how data can be misused. Those issues are not easy to solve by any means. Privacy issues are also present on Facebook right now. The company’s recent exposure of data through Cambridge Analytics is just one example of this problem. Things are going from bad to worse for the company in this regard. Centralized control of user data simply isn’t working, that much has become more than evident.

People Are Fed Up With The Company

It has become painfully evident Facebook is fighting a losing battle on multiple fronts. Earlier this week, we saw a major social campaign telling people to delete FB altogether. Brian Acton, a co-founder of WhatsApp, is one of the people behind this campaign. Ever since Facebook bought out WhatsApp, Acton has become a lot more vocal about his dislike for the way things have gone. It is obvious this situation will only spur new debates moving forward.

On top of that, the platform has the audacity to ban specific advertisements on the platform, cryptocurrencies in this case. It is censorship in its purest form, illegal programs and scams do need to be blocked in one way or another, and they have made no effort to prevent spurious members peddling their scams and spam. Facebook’s decision to ban cryptocurrency ads altogether has created a lot of bad blood, for obvious reasons.

With a transparent network, such decisions aren’t even an issue, as users can determine what they want to see or not see. One entity should never make this decision on behalf of over a billion people. Whether or not most people will move away from this social platform moving forward, remains unknown however Facebook’s growth has started to decline. It is time people started to see these platforms and companies for what they really are – profit driven monopolies. Transparency has never been one of Facebook’s strong suits.

The post Blockchain Technology can Create a Social Media Platform that Facebook Can Never be appeared first on NewsBTC.

After yesterday’s initial excitement regarding the cryptocurrency markets yesterday, it seems most of the momentum has evaporated once again. Most of the top currencies are in the deep red again as we speak, even though the EOS price is the sole exception right now. Unlike the other currencies, the EOS price has risen by 11.41% in the process, which is interesting to keep an eye on.

EOS Price Momentum is Still Bullish

To put all of this into perspective, yesterday was an extremely positive day for all cryptocurrency markets. We saw Bitcoin and the likes rise by 5% or more, which seemed to indicate things would finally turn around in favor of cryptocurrencies. Unfortunately, the past 24 hours have shown a very different trend, as most of those gains have been lost once again. One exception is the EOS price, which seems to be doing its own thing as of right now.

Over the past 24 hours, the EOS price has risen by 11.41% This is all the more remarkable when considering how the Bitcoin price is down by 4% in the same period. As a result of Bitcoin’s downturn, most other top altcoins are down by similar percentages. The EOS price is the only exception in this regard as of right now, although it remains to be seen how all of this will play out moving forward.

It is also worth noting the EOS price has gained 14.22% over Bitcoin and 16.73% gain over Ethereum. It seems evident Ethereum will continue to struggle for quite some time to come, as it is incapable of keeping up with Bitcoin’s gains or losses these days. Whether or not that situation will change in the future, remains to be seen. For now, it seems the EOS price will keep doing its own thing, which is always interesting to keep an eye on in the coming hours and days.

With nearly $1bn in 24-hour trading volume, things look pretty impressive for EOS as of right now. It is interesting to see how EOS has successfully increased its trading volume over the past few days, as that is something few people had expected. Especially when considering how the overall cryptocurrency trading volume is still in the dirt, EOS is doing some interesting things as of right now. Sustaining all of this will not be easy whatsoever, though.

Bithumb is still the leading exchange when looking at EOS trading volume. They represent 45.47% of all trades right now, which is well ahead of both Huobi and Bitfinex. It is good to see two fiat currency pairs in the top three, and the other pair is a USDT market, which is also pretty interesting. This seems to confirm the EOS price may keep rising for some time to come, although volatility is always looming overhead in the cryptocurrency world.

For the time being, it is unclear what comes next for the EOS price. Right now, a target of $7 seems more than likely, although one has to keep in mind people will take profits at some point in the future. When that happens, the uptrend may be broken fairly quickly, but only time will tell how bad things will get for EOS.

Bitcoin Press Release: Soccer Manager Crypto is a provably fair, completely decentralised football management massively multiplayer game – the first of its kind.
Provably fair means that it is mathematically impossible for the platform to cheat its players and everyone follows the same rules that cannot be broken.

22 March 2018, London, England: Soccer Manager is developing their trademarked football management game onto blockchain technology and it will a great feat for online gaming. With this implementation, thousands of leagues and players can be supported, serverless via blockchain technology.

Unlike other games, with Soccer Manager’s blockchain-based approach, players have complete ownership of their football credits, players, stadiums- any value in the game, are similarly capable of being transferred, traded, or sold. For the first time, gamers can experience a real transfer market, where every success they achieve carries a real world value.

Soccer Manager Crypto will run entirely on a revolutionary new Blockchain platform, Chimaera, that takes blockchain gaming one step further than just secure asset storage and management. Chimaera allows the actual game worlds to run on the blockchain.. This has numerous advantages such as: no need for servers, 24/7 uptime, no fraud, no cheating, and in-game items or assets that can be acquired in a provably fair way that gives them significantly more value than items that are created at will by developers without the players knowledge.

Andrew Gore the CEO of Soccer Manager . Stated that:

“We’ve been wanting to build a blockchain soccer manager game for sometime but have never found a suitable blockchain platform to host it on. After a lot of research, we came across the Chimaera project whos team have been at the forefront of blockchain gaming for several years,”

About Chimaera

It’s mostly believed that CryptoKitties, a cute cat game built on the ethereum blockchain was the first blockchain game and is as complex as blockchain gaming gets, but this is not the case.

The Chimaera development team were the instigators and original creators of blockchain gaming all the way back in 2013 through the creation of the world’s first decentralized MMO and the first true blockchain game, the Huntercoin Experiment.

Huntercoin is an entire virtual world that runs unstoppable on the blockchain. Players move around a map, collect coins, fight others and steal their coins, these can then be traded on cryptocurrency exchanges

The Chimaera team are developing an entire ecosystem where developers and gamers can immerse themselves in next-generation of blockchain games.

Back of the Net

Soccer Manager represents a real Play-to-Earn gaming experience, where players gain and lose cryptocurrency value that can be traded for real world cash. The participants team and players have upkeep and needs that must be attended to. Players must grow their stadium and their fan base just as in any other Soccer Manager game. League Matches are played on average twice a week and the results of each match are determined over the course of around 60 to 90 minutes. Friendly matches and tournaments can be played at any time. Players can challenge opponents directly and compete for SMCs (Soccer Manager Coins).

Visit the Website: https://www.soccermanager.com
Read the Code of Conduct: https://www.soccermanager.com/code-of-conduct.php
Join on Facebook: http://socm.io/facebookicontop
Follow on Twitter: http://socm.io/twittericontop
Instagram: http://socm.io/instagramicontop
YouTube: http://socm.io/youtubeicontop

Media Contact
Name: Kym Ratcliffe
Location: England
Email: [email protected]

Soccer Manager 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

The post PR: Soccer Manager™ Crypto: The Apotheosis of Gaming appeared first on BitcoinNews.com.

Bitcoin Press Release: Sociall.io, a new era in social networking offers a private, and data encrypted platform for the everyday user. Data in the sociall network is entirely decentralized, while search engines are discouraged from indexing user profiles.

22 March 2018. Gold Coast, Australia: Sociall.io, the private decentralized social network, is pleased to announce that its closed beta registration is now available to a broader audience, following popular demand amidst rising data privacy concerns.

As evidenced by the latest data row with the world’s most popular network, Facebook, these are turbulent times for data privacy. Mainstream social networks claim ownership of user data and content, directly or indirectly, allowing third parties to access and harvest consumer information.

Completely decentralized

While almost 2.5 billion users across the globe use some form of social networking, consumer trust is at rock bottom. Research by access management company Gigya showed that 68% of consumers did not trust brands to handle their personal information appropriately.
Jade Mulholland, Founder, and CEO of Sociall stated:

“At Sociall.io, it is our intention to provide an adequate response and solution to recent challenges affecting social networks”

Mr. Mulholland added:

“To this end, we are building a secure and decentralized social network. Sociall encrypts all data and multimedia uploads, and stores it securely all over the world, making it completely decentralized.”

The platform is private and discourages search engines from viewing user profiles or displaying them in search results. Sociall does not claim ownership of any uploaded data or content. All information belongs to the user.

Users will utilize a native currency, called SCL, to pay for goods and services on the platform. The coin is in circulation and is traded on a number of exchanges. All accounts will have a decentralized wallet to securely store SCL and other popular cryptocurrencies. Wallets will exist within a series of smart contracts on the Ethereum blockchain.

Power Back to the People

Sociall will make a gradual transition to complete self-governance. Users will assist in keeping it clean and safe by removing offensive posts and spam. In exchange, they will be rewarded with SCL. Users will also have the ability to make updates and fix issues.

To offer true decentralization, power needs to go back in the hands of people, the company says.

Security and Privacy

Sociall will have simple and strict privacy settings for users to control access to their profile and personal information. Data and content will be kept within an encrypted decentralized storage solution. In 2019, Sociall plans to move data storage to IPFS, a distributed, peer-to-peer protocol, allowing for further storage decentralization.

Data security and authentication is the most important aspect of any social networking platform. The platform has selected a reputable open-source project called IdentityServer, trusted by companies like Microsoft and Bosch. It will securely handle all authentication of the application.

Sociall is using a reliable third-party security firm to run audits and penetration testing.. This ensures that there are no security vulnerabilities within the code or development flows. The company will make all audit reports publicly available on the project’s GitHub profile.

Sociall account wallets will be created through a decentralized smart-contract process where there is no owning entity. Sociall will not have control over any funds kept in wallets and will never be able to process any transactions on behalf of users.

The platform will not store any private keys or passwords in its database. Instead, users will create a password that grants them access to their wallet. This is a far more decentralized solution than hosting and encrypting private keys like many of the wallets out there.

Other features

The platform will include a marketplace, where users can buy and sell products and services using SCL. It will charge a flat fee of 1% taken from the seller after the transaction.

Users will be able to top up their account wallets with SCL by depositing supported cryptocurrencies like Bitcoin and Ethereum and, eventually, fiat money.

Messaging will be mainly user-to-user, with an option for dedicated messaging communities for features like Groups and Events. An end-to-end message encryption is in the pipeline for consequent releases. At a later stage, users will be able to send SCL, exchange audio and other types of content via messages.

They will also be able to launch crowdfunding and advertising campaigns. Sociall will provide SCL holders with an instant-access debit card, allowing them to spend their tokens in the real world. The card will work with every supported currency within user account wallets. For the debit card functionality, Sociall is teaming up with MoxyOne, using their secure and cost-effective white-label infrastructure.

In the second half of 2018, Sociall intends to move the majority of its projects, including its API server and the front-end component, to open-source. It will offer the public bounties to run tests on the code and find flaws in the security, design and all other aspects.

About Sociall.io

Sociall is a secure and decentralized social network which utilizes its native cryptocurrency,

called SCL. The token is used to pay for all goods and services replacing traditional money.

Sociall encrypts all data and multimedia uploads, and stores it securely all over the world, making it completely decentralized. The platform is private and discourages search engines from viewing user profiles or displaying them in search results.

Website: https://sociall.io/
Email: [email protected]
Telegram: https://t.me/sociall_io
Explainer: https://youtu.be/XvkvVnXw9QU
Twitter: https://twitter.com/sociall_io
Reddit: https://www.reddit.com/r/sociall/
YouTube: https://www.youtube.com/channel/UCoSx37iRR5KZ2TgMSzgk_mg
BitcoinTalk: https://bitcointalk.org/index.php?topic=2100970
Instagram: https://www.instagram.com/sociall.io/

Sociall.io 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

The post PR: Decentralised Social Network Sociall.io Offers Secure Alternative To Facebook With Encrypted Data, Enhanced Privacy appeared first on BitcoinNews.com.

Around $6.2 million-worth of cryptocurrency was hacked from exchange accounts and wallet services in 2017, Japan’s National Police Agency says.

Bitcoin Press Release: ImmVRse, a leader in the field of VR and AR technology are pleased to announce the partnership with Entersoft, an award winning application security company. As we progress into a further hyperconnected world security is paramount, synergizing with Entersoft will prove to be advantageous for both companies.

March 22, 2018, London UK – ImmVRse has decided to enter into partnership with renowned FinTech Award winning global cyber security company, Entersoft. A leading expert in the field of guarding electronic data from criminal and illicit use, Entersoft has worked alongside Cyber intelligence and anti-phishing solutions provider Segasec to provide assistance to a large number of organisations globally to secure their Token sale launch. With their help, ImmVRse firmly believes it will be able to run their Token sale successfully and securely.

Millions of dollars are invested in Token Sales and ImmVRse vows to provide a safe environment for all their contributors. Segasec will find, block and remove any phishing sites or other scam attempts whilst tracking down and preventing any incidents before they take transpire. Utilising different plugins, the cyber security experts will remove fake ads and wallets, ensuring potential investors do not fall victim to imposters.

Chief Information Officer of ImmVRse, Mark Higgins commented,

“ImmVRse firmly believes that a proactive approach will ensure the best possible chance of halting scammers and providing reassurance for our contributors. We aim to make security an absolute priority, however, as always, due diligence should always be taken to reduce potential further risks.”

CEO of Entersoft, Paul Kang commented,

“Entersoft are very excited and looking forward to working alongside ImmVRse as a preferred Cyber Security partner. As Token sale attacks become a new normal in 2018, 10 Token sales  on average are hacked every month. Entersoft and Segasec together have helped a large number of companies with their TGE, launch tokens securely, and were successful in making sure they raised funds in a safe and secure manner.”

About Entersoft

Entersoft is an Application security service provider with specific focus on proactive security through security by design. Through managed service offerings, Entersoft currently work with 300+ customers in FinTech, IoT, Blockchain, BFSI and Healthcare. Entersoft help customers achieve a high Application security quotient and instill proactive app security culture in the developers’ DNA. Through offensive assessments, proactive monitoring and pragmatic security, led by a team with over 40 years experience, Entersoft make application security a DevOps responsibility.

The ImmVRse Team

ImmVRse is backed by an ensemble of experts from a range of sectors, including  relevant technologies, IT Management, VR, computer security and blockchain development.

Some of its key team members include:

Farabi Shayor, CEO

Farabi has over 10 years experience in developing market deliverables, brand identities and financial analysis focused on cryptocurrencies and blockchain. Farabi comes from a mix of finance (BSc) and marketing (MSc) background and is now leading a small team from Imperial College London to conduct R&D on VR-Neuroscience. https://www.linkedin.com/in/farabishayor/

Limon Rahman, COO & Co-Founder

Limon is a highly driven entrepreneur with practical hands-on experience, forming successful businesses in numerous fields. Additionally, with 15 years of experience within financial control and management, including overseeing budgets over $300m.  https://www.linkedin.com/in/limon-rahman-1a156638/

Adrian Chan, Head of Marketing

Four years’ experience in Marketing and Journalism, previously Co-Founder of MadBuzzHK, proficiency in online content development. Adrian achieved a MSc in Marketing Communications and Advertising.

https://www.linkedin.com/in/adrian-chan-1a290060/

Mark Higgins, Chief Information Officer

Mark has 20 years’ experience in IT project management, and is highly experienced in managing multi-million dollar IT infrastructure, disruptive technologies and application projects. https://www.linkedin.com/in/mark-higgins-66962237/

Peter Gostincar , Chief Technical Officer

Peter has over 8 years of experience as a developer, highly skilled in managing large scale software and android app development project with some of the largest companies in EU, proficient in JS, Python PHP, JAVA, and SQL. https://www.linkedin.com/in/p

To learn more visit the Website: https://immvr.se/
Meet the Team: https://immvr.se/team
Chat with us on Telegram: https://t.me/immvrse
Read the full Whitepaper: https://immvr.se/whitepaper/
Connect on Facebook: https://facebook.com/immvrseetergostincar/
Whitelist Registration: https://immvr.se/ico/whitelist/
Entersoft Blogs: https://blog.entersoftsecurity.com/ico-hacks

Media Contact
Contact Name: Adrian Chan
Contact Email: [email protected]

ImmVRse 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

The post PR: ImmVRse Signs Deal with Award Winning Cyber Security Experts appeared first on BitcoinNews.com.

It is evident there are big things on the horizon for the cryptocurrency industry. As of right now, all markets remain prone to extreme volatility. The launch of this new UK cryptocurrency task force may not help matters much in this regard. Although such a task force is not a bad thing, it remains to be seen how this will play out.

The UK’s new Cryptocurrency Task Force

This decision by the UK’s Finance Department comes at an interesting time. More specifically, they are now looking at both risks and benefits of various cryptocurrencies. That in itself a remarkable decision and one few people expected. At the same time, the fintech sector is booming in the UK. Keeping an eye on innovation and regulation at the same time has proven to be quite challenging.

It is evident Bitcoin and altcoins pose a threat to institutional financial services. Various banks around the world have echoed such sentiments throughout 2018. The UK Finance Minister wants to ensure the nation remains at the cutting edge of the digital revolution. Cryptocurrencies can no longer be ignored as we speak and it is a positive turn of events for the industry as a whole.

It seems this will all lead to a bit more regulation in the near future. How that will pan out exactly, has yet to be determined. Regulatory measures help legitimize this industry in the long run. That is, assuming things are done in a positive manner and with an open mind. As of right now, it seems this task force will try to keep an open mind first and foremost. That doesn’t mean things will not change in the near future, though.

The Cryptocurrency Market Volatility

One of the main topics of focus for this task force is dealing with cryptocurrency volatility. Fighting this trend of market manipulation will not be easy, though. There is very little regulators can do in this regard. All markets are volatile by default, even fiat currencies and stocks. Bitcoin and altcoins are not all that different in this regard. Then again, their price swings are currently a lot bigger compared to other assets.

How all of this will affect the cryptocurrency markets in general, remains to be seen. There is a growing sense of unease across all markets as we speak. This new task force may not calm the markets down anytime soon. At the same time, it is a positive measure when looking at the bigger picture. Whether or not this will make Bitcoin “the world’s single currency”, as Jack Dorsey puts it, remains doubtful.

With the cryptocurrency industry maturing as we speak, good things are bound to happen. Regulatory approaches seemingly tend to be more positive overall. There is still a lot of work to be done until cryptocurrencies go mainstream. This new task force has the support of the UK central bank and the local FCA. Together, they will hopefully come up with a plan of action that benefits Bitcoin and its brethren as a whole.

The post UK Regulators Announce new Cryptocurrency Task Force appeared first on NewsBTC.

Japanese multinational Fujitsu has launched a Brussels-based Blockchain Innovation Center to facilitate research and projects around the tech.