Day: April 15, 2018

Bitcoin is neither a company, nor a stock, but a technology in its early stages comparable to the Internet in the 1980s, says CNBC’s Brian Kelly #NEWS

Bitcoin Press Release: Betrium finished its Pre-ICO with $1.3 mil raised and launches ICO soon with 20% discount. Project supported by world’s betting champions and gambling industry leaders.

April 11th, 2018, Hong Kong – Bettrium is the worldwide bookmaker and betting exchangeoffering zero fees, innovative Volatility Stabilization System / Hedging for professional traders, API for developers and event organizers platform. Betrium is going change the wealthy industry of $1 trillion annually. The project is supported by Kevin Dolan, World Series of Handicapping 2015 champion, the “The Complete Guide to Sports Betting” book author. Kevin acts as an advisor in the project. Recently, Betrium released the demo of the sportsbook platform.

During the next two weeks, Betrium will release betting exchange alpha along with iOS and Android applications for its sportsbook. In January, Betrium was a sponsor of Lamborghini team on 24 hour Series in Dubai. Betrium has partnered with VAVEL.com, an international sports media with over 35 million of visits, which became an accredited media of FIFA World Cup 2018.

VAVEL Media CEO, Javier Robles offered these words about the partnership;

“For VAVEL, this partnership with Betrium guarantees, our willingness to support and backup a project since its inception is called to revolutionize the sports betting industry from scratch given the brilliant idea of decentralizing the way to bet making it accessible globally without depending on different international laws and regulations

We believe in Betrium because of the ease with which its users can perform transactions through cryptocurrencies and their roadmap is frankly hopeful. VAVEL trusts Betrium simply because it is the future of betting in sports.”

Maksym Suvorov, co-founder of Betrium, on TNABC conference, Miami, added;

“Betrium’s mission is to expand and to become a global key-player in the gambling market.”

Earlier, Sam Taheri, professional GT, and NASCAR pilot became an advisor and sports representative of Betrium. He offered this interview at the appointment. In the early March Betrium’s team began its roadshow, during 20 days the team will visit 5 blockchain conferences all around the world, including all of the following locations:

• Seoul, South Korea, d10e.
• Ho Chi Minh City, Vietnam, Vietnam Blockchain Week.
• Melbourne, Australia, APAC Blockchain Conference.
• Singapore, Money20/20 Asia.
• Hong Kong, Token2049.

Last key updates

• Kevin Dolan, World Series of Handicapping 2015 champion, author of “The Complete Guide to Sports Betting” book, joined Advisory Board of Betrium.
• Sergey Efimenko, former BetConstruct Operational Director, and Bet365 bookmaker joined Advisory Board.
• Betrium became a sponsor of the Money20/20 Asia conference in Singapore. The project will be among such companies as Google, Paypal, Mastercard, GitHub, Toshiba, HSBC etc.
• Betrium has published legal documents of Hong Kong incorporation.
• Luke MacDonald, a well-known professional gambler with over $1.9 mil turnover, supported Betrium and entered to Advisory board of the project.
• Betrium was a sponsor of Lamborghini Huracan Super Trofeo on 24 hour Series race in Dubai.
• The project was an official sponsor of the TNABC conference, which took a place in Miami on 17-19th, where Betrium’s CEO Max Suvorov spoke and presented the project.
• Betrium is also a sponsor of the racing car on the Lamborghini Super Trofeo Middle East race in Abu Dhabi on 2nd of February.

Token Sale summary

ICO Start: 5th of April 2018, 23:00 UTC

ICO End: 14th of May 2018, 23:00 UTC

Token price: 1 ETH = 3000 BTRM or 0.00033 ETH per token.

Check out the Betrium Official Website – https://betrium.co
Read the Betrium White Paper – https://betrium.co/betrium_whitepaper.pdf
Join the Telegram Group – https://t.me/betriumChat
Follow Betrium on Twitter – https://twitter.com/betriumBets
Find Betrium on Facebook – http://fb.com/Betrium
Betrium review on ICO Ranker – https://icoranker.com/ico/betrium/
Read about Betrium on reddit here – https://www.reddit.com/r/Betrium/
Read up on Betrium on Bitcointalk here – https://bitcointalk.org/index.php?topic=2234870

Media Contact

Contact Name: Alice
Contact Email: [email protected]
Location: Hong Kong, 148 Wing Lok Street
Company: Betrium

Betrium 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. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all. Token sales are only suitable for individuals with a high-risk tolerance. Only participate in a token event with what you can afford to lose. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest. The Betrium token sale is closed to US participants and participants of all countries in which ICOs are illegal.

About Bitcoin PR Buzz

Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and blockchain 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:Blockchain Sports Betting platform Betrium Raises $1.3 Million on Presale, 20% Bonus For Main Sale appeared first on BitcoinNews.com.

A review of Russia’s bill “On Digital Financial Assets” puts large volume exchanges of crypto to fiat under “mandatory exchange regulation”, local sources report #NEWS

Crypto winter? What crypto winter! The exchange arguably most responsible for onboarding bitcoin investors, Coinbase, has not allowed sour price levels to keep them complacent, conservative. Instead, they’ve maintained a breakneck pace, forming a venture capital fund, hiring top executive talent, and now they’re gobbling up competitors such as Cipher Browser.

Also read: Russian Court Bans Telegram, Founder Pavel Durov Defiant

Coinbase Expands

Depressed prices force weak hands out, and ill-prepared businesses begin the sorrowful process of inevitable decline, issuing layoffs and regimes of belt tightening. Such is not the case for San Francisco-based cryptocurrency exchange Coinbase. The billion-plus in revenues, and climbing, company continues to expand its position. Business press has quoted its executive team as patterning itself after Google, including the possibility of going public, and acquiring competitors.  

Just this year alone, barely out of the first quarter, they’ve created Coinbase Ventures. Emilie Choi, head of corporate business development and operations for Coinbase, explains, “We’ll be providing financing to promising early stage companies that have the teams and ideas that can move the space forward in a positive, meaningful way.” The fund is already $15 million strong. Also, key management positions are being filled by the likes of Ms. Choi, formerly of Linkedin, Asiff Hirji, former COO at TD Ameritrade, now Coinbase COO and President, and Facebook/Twitter veteran Rachael Horwitz as Vice President of Communications. And this week, the company announced an intriguing buy of the open source, decentralized application and wallet, Cipher Browser.

Toshi Gets Upgraded

Though terms of the Cipher deal haven’t been made public, it’s pretty clear it’ll be wrapped into the existing Ethereum-based dapp browser, Toshi. Customers used the app for searching Ethereum’s network but also as an ethereum wallet, along with sending relatively secure messages. Cipher seems somewhat duplicative, but what Coinbase also gains is Cipher’s creator, Peter Kim. Mr. Kim will now head the engineering team at Toshi. 

At the very least this seems to cement the exchange’s commitment to the ERC20 token platform, as well as working-in testnets on the browser, allowing developers to experiment without using live ammunition.

Do you think Coinbase can keep up this pace? Share your thoughts in the comments section below.

Images courtesy of Shutterstock, Coin Dance.

Do you agree with us that Bitcoin is the best invention since sliced bread? Thought so. That’s why we are building this online universe revolving around anything and everything Bitcoin. We have a store. And a forum. And a casino, a pool and real-timeprice statistics.

The post Coinbase Uses Crypto Winter to Expand – Acquires Decentralized Wallet Startup appeared first on Bitcoin News.

The Pre-ICO price of BitMinutes (BMT) will make its next price jump of two tenths of a cent this Monday, April 9, 2018 to $0.015. Purchases made prior to Monday through the BitMinutes website will get the current $0.013 price.

Disclosure: This is a Sponsored Article

BitMinutes is now past the halfway point in its Pre-ICO period, with the full ICO launching April 30. The Pre-ICO price has been rising weekly each Monday. Find more information, the schedule of remaining Pre-ICO prices increases, whitepaper and other information, visit www.bitminutes.com.

“As cryptocurrencies get increasing scrutiny from regulators, people are taking a greater interest in buying BitMinutes,” notes BitMinutes CEO Tom Meredith. “Cryptocurrencies that bear up under close examination must have a solid business plan behind them, ready to implement. Our strategic focus is therefore becoming more attractive. Even more, we have traction. We have built a communication channel between the Southeast U.S. and East Africa founded on the BitMinutes technology.

We are in the process of obtaining approval from the Financial Monetary Authority of Lichtenstein, adding European connections to our network. We are building affordable financial services delivery systems using all the latest FinTech innovations. These are on the brink of rollout with partners in Latin America. These will both lead to expanded financial inclusion to billions more people globally, as our country-by-country partnerships with local distributors and financial institutions grow. There is a real business growing here. As we said last week, buying BitMinutes is an accessible, affordable way to participate.”

“Helping people raise themselves out of poverty simply by providing them decent access to proper banking and financial services has made a lot of sense to people as a mission,” added Meredith.

BitMinutes, a fintech start-up, is on a mission to create a financial system that is “better than BitCoin for billions”, where the “billions” are people living in what the BitMinutes team calls “underserved economic communities”.  These are the many global economies which are less financially-advanced; where cash is still the primary form of value exchange and lending is rare, and too expensive for most individual borrowers. “BitMinutes will leverage the economies of scale offered by the innovations of blockchain technology and tokenization, providing the opportunity to significantly expand formal, reliable, financial services to developing communities that are strangled by corruption, red tape, and a lack of asset liquidity”.

The BitMinutes token, BMT, allows for peer-to-peer cash transactions to over 2 billion bank accounts in 70 countries and prepaid top-up to over 4 billion mobile accounts in over 200 countries. The platform enables users to transact using a basic mobile phone, and will also facilitate micro-credit lending, opening up a financial world previously unavailable to billions of emerging market consumers who currently struggle with limited access to capital and a lack of traditional banking services.

Ethereum based Blockchain gaming startup TriForce Tokens is set to inaugurate its maiden “Raid Party”. The party aims to unite the whole gaming community as a social engagement platform, allowing players to earn FORCE tokens as they participate in a more rewarding experience.

Disclosure: This is a Sponsored Article

In the first week of launching Raid Party, TriForce Tokens recorded over 21,000 registrations. It was a watershed moment for the dedicated team who continue to deliver on their promises to following an auspicious token generation event (TGE). The platform’s TGE was one of the highlights of its year, as it endearing itself to avid gamers and publishers who have been looking for something fresh.

TriForce Tokens acquired a number of impressive industry partnerships on its journey to become a universal currency for global gaming and entertainment. The startup also boasts of leading industry talents on its advisory board including the former CS: GO world champion and manager of Faze Clan, Danny Montaner.

Danny said that TriForce Tokens quickly caught his attention with its mission of becoming a community centered token. He saw that there is both numerous forms of protection and security, and other aspects to the platform that would engage the community.

Danny believes that it is very important that the gaming environment has multiple sources of revenue generation. The kind of income to benefit content creators and developers, but has previously been neglected in the past.

This are is one that has been lacking within the online gaming industry for a number of years, as there is little to offer in the way of profitable solutions, which can be used to engage the community, and offer it growth or Security. TriForce Tokens not only seems to solve a lot of these issues but also implements an honorary system to keep the community fun and safe for everyone.

The advisory board has also recently acquired the talents of is Vadim Bulatov,  Head of Social Marketing at Wargaming.net and creator of World of Warships, World of Warplanes, and World of Tanks. He brings a wealth of industry experience to the project and will be working closely with TriForce Tokens’ CEO, Pete Marella, on creating the next generation of gaming ecosystem.

What makes TriForce Tokens unique is how it unites players with game developers, creating a rewarding and profitable ecosystem for both parties. To kick-start this ecosystem, the company has partnered with one of the largest game entertainment names in Latin America, Busca Todo. Busca Todd is the parent company of Terreo and LevelUp.com, worth over 7 million in active visitors and 1.1 million subscribers on YouTube. The partnership is designed to stimulate the exciting Latin American gaming industry,

About TriForce Tokens

TriForce Tokens is a project offering the definitive solution for the creation of a rewarding network for the gaming industry. Leveraging blockchain technology, the device-agnostic platform is building a transparent, secure, and sustainable ecosystem for both players and content developers to exchange values and services.  

To learn more about TriForce Tokens visit the official website

When Google announced that it would be banning cryptocurrency-related ads from its platform, the crypto universe was up in arms. While it is a fact that the company’s platforms have been used by some unscrupulous and fraudulent projects, a blanket ban on the entire industry was rather high-handed of Google, the biggest digital ads provider. The ban not only applied to Google’s search engine but also to YouTube, a platform that has become a favorite among many for sharing views and expertise regarding crypto and blockchain. Many crypto vloggers have seen diminished revenue from their videos, and a large number of them have turned to another platform: Steemit.

Better Revenues

One of the YouTubers who has heaped praise on Steemit is Luis Thomas, a crypto vlogger from Wales who currently has just over 95,000 subscribers to his YouTube channel. In a recent video, Luis explained that the first thing that attracted him to Steemit was the better monetization policy. On YouTube, he could make around £1000 per month. After crypto content became quite censored, his revenue began to diminish and he switched to Steemit. While he’s got around 97% fewer subscribers on Steemit than on YouTube, he is able to make the same amount of money.

… so can you imagine how much money I’d be making if I actually had the same number of followers on Steemit as I do on YouTube? If a content creator were to put as much effort into creating a good size platform, a good size profile on Steemit, they could potentially make much, much more money than they currently do on YouTube.

TJ Kirk, a longtime American vlogger who has over 1 million subscribers on YouTube, shares Luis’s opinion. In his video comparing YouTube and Steemit, he takes the example of a video he posted on both platforms about women’s march signs. On Steemit, he made 450 Steem dollars, which at the time were trading for around $7. The same content on YouTube made absolutely nothing! It was considered offensive by YouTube’s algorithms, which automatically takes away one’s ability to monetize their conent.

My video is too offensive to make money on YouTube, just like pretty much all my videos…

The Challenges

The decentralized nature of Steemit, which is among its most attractive features, is also its biggest undoing. While centralized platforms like YouTube have a central authority which lays out the guidelines and has the right to deny service to those who don’t comply, Steemit can only hope that its users are disciplined enough to post appropriate content. Many users have maintained professionalism, but as with any platform, there are those who post inappropriate content. To make matters worse, such content – which is sometimes crass, misogynistic or racist – ends up getting many upvotes and making a lot of money for its creators. This serves to encourage the behavior even more, an ultimately self-feeding degradation.

Another challenge is the upvoting model. In his video, TJ Kirk laments Steemit’s model, which incentivizes people to upvote popular content, as it makes more money from which they end up benefiting. This damages the platform’s reputation as a place where people can get genuine information.

A lot of these people are not genuinely voting on content or commenting on content because they genuinely give a s**t about it; they are doing it because they want a little piece of the pie, a little piece of that money pie.

Steemit and other decentralized platforms such as DTube have a long way to go before they can become worthy competitors to YouTube. However, their achievements so far can’t be overlooked. As blockchain technology revolutionizes sectors like finance, healthcare and insurance, social media and video sharing platforms should not lag behind, and Steemit is leading in this race.

Bitcoin and Ethereum may have revolutionized the digital and financial worlds but both of them pose big challenges in the future. It is unlikely that they will improve as drastically and innovativally as required. Both are termed Blockchain 1.0 and Blockchain 2.0 technologies because Bitcoin gave the world the technology and Ethereum used the technology for its smart contracts, thus paving the way for its use in dApps and decentralized companies. But, scalability issues and slower transactions still plague the future development of cryptocurrencies and Blockchain-based systems. In order to move forward with this revolutionary idea, many other startups are working on reinventing the wheel for Blockchain-based systems.

Disclosure: This is a Sponsored Article

Why are Bitcoin and Ethereum Creating Problems for Decentralization?

SkyCoin is a concerted effort to progress the very idea of decentralization that Bitcoin was envisioned for but lost its way in the middle. The Proof-of-Work and Proof-of-stake algorithms used by Bitcoin and Ethereum networks are a fundamental miscalculation that will never amount to true decentralization and secure networks because big mining cartels can control and create soft and hard forks whenever they want to. The possibility of 51% attacks theoretically when more than 50 percent hashing power is dedicated on one entity was even put forward in the papers by Satoshi Nakamoto himself.

The issue of mining using valuable electricity for making these networks secure is also a big concern for the environment. According to Energy researcher Sebastain Deetman:

“If the bitcoin network keeps expanding…it could lead to a continuous electricity consumption…[equivalent to] the total consumption of…Denmark by 2020. The continuous consumption of electricity through the processing power required by mining incurs monthly costs in the tens of millions. There is little sustainability in this over the long-term.”

SkyCoin’s Obelisk System

SkyCoin eliminates the need for miners entirely by employing a web-of-trust system that is based on nodes rather than miners. Nodes require much less electricity and are cheaper to set up and are thus more energy efficient. The centralization of power that is possible with Bitcoin and other Cryptocurrencies cannot be possible in SkyCoin because virtually anybody can set up a node at a fraction of the cost.

To operate an Obelisk node, users can purchase a Skywire Miner or even build a DIY one at home. Running a SkyCoin node doesn’t add monetary value but it does keep the SkyCoin network safe. For earning the native SkyCoin (SKY), one can setup operating nodes on SkyWire network by dedicating bandwidth and resources.

This mechanism can give the new network the monetary value needed to be in contention with other cryptocurrencies and Blockchains. The value can then be successfully traded as soon as the Skywire’s testnet launches in the near future.

To learn more visit the Website : https://www.skycoin.net/

Mastercard Ireland is looking to boost its numbers by hiring 175 new people, including Blockchain specialists. #NEWS

The spreadsheet got more and more complicated, until one day it took two minutes to load.