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PR:Hada DBank’s Digital Coin (HADA Coin) Acquires Listing on Digi Peso Trading Exchange

Bitcoin Press Release: OTC crypto exchange DigiPeso will be listing Hada DBank’s HADA Coin on its trading exchange next month. June 2nd, 2018, Kuala Lumpur, Malaysia – Belgium based exchange, DigiPeso recently signed the deal to list Hada DBank’s HADA Coin. The listing will be completed after the conclusion of the HADA Coin crowdsale, which …

The post PR:Hada DBank’s Digital Coin (HADA Coin) Acquires Listing on Digi Peso Trading Exchange appeared first on BitcoinNews.com.

Bitcoin Press Release: OTC crypto exchange DigiPeso will be listing Hada DBank’s HADA Coin on its trading exchange next month.

June 2nd, 2018, Kuala Lumpur, Malaysia Belgium based exchange, DigiPeso recently signed the deal to list Hada DBank’s HADA Coin. The listing will be completed after the conclusion of the HADA Coin crowdsale, which scheduled to end 31st May 2018, 00:00 EST.

DigiPeso is one of the most esteemed crypto exchanges today. The company offers a wide range of crypto products including client interfaces and admin back end as well as mobile apps, wallets, OTC and liquidity solutions for delivery & leveraged trading. DigiPeso provides custom technology development and professional services, for new start-ups and existing organizations within the financial markets.

Hada DBank spokesperson stated that it was DigiPeso itself that approached them for the listing. Mr. Danny Wirken, partner of DigiPeso, reached out to Hada DBank and exchanged conversations in regards to their involvement and opinions

Mr. Danny Wirken on behalf of DigiPeso stated the companies reasoning in choosing to list the Hada DBank HADA Coin on their exchange, stated;

“We are extremely particular about working with crypto coins. Only those that hold the potential to grow and sustain in today’s marketplace will be of interest and listed on our exchange. We found all such prospects with the new HADA Coin and we didn’t delay to approach Hada DBank with the proposal to list the new coin on our exchange. We are confident HADA Coin is soon to be a favourite of smart crypto traders on our exchange”,

Hisyam Mokhtar, HADA DBank Chairman & Interim CEO was also available for comment, and had these words to offer in regards to the new listing;

“It’s a very proud moment for us to share that the DigiPeso wished to list us on its exchange and we didn’t hesitate to accept the proposal. Both of us share the same vision for blockchain technology and are confident of its bright future in the next few years. We are glad that the cryptocurrency exchange showed faith in us and believed in our coin’s trading potential”,

Hada DBank is the FIRST ever digital bank to infuse Islamic Banking Module with blockchain technology. What separates them from other banks is its constant stress on transparency and risk sharing which makes the organization less risky & more resilient compared to its counterparts. Hada DBank caters to everyone, regardless of faith.

Hada DBank has developed HADA Coin with the mission to raise capital for the development of its banking project. Users of the coin will be able to utilize the coin for a number of purposes:

  • Perform financial services and banking activities on Hada DBank platform
  • Receive monetary profits including Dividends, Returns and anything of equivalent by keeping it in Savings Account or investing it in the bank’s Investment Solutions
  • Pay for services with Hada debit card
  • Utilize it as collateral while applying for Unsecured & Term loans
  • Trade the coin on crypto exchanges like F1Cryptos & DigiPeso for more profit which will consequently enhance the value of HADA Coin

About Hada DBank

Set to revolutionize the world of banking, Hada DBank determines to fuse blockchain technology with Islamic Banking Module. Having recognized the challenges for customers in the current banking state, blockchain technology will ensure security and transparency, while Islamic Banking module will ensure ethical banking and investment.

Hada DBank believes in benefiting and putting clients interests first, rather than profiting without limit and ethics. Caring & Personal are be the two words that will be embedded in every aspect of Hada DBank’s corporate culture, product, and services. Hada DBank’s Pre-ICO is currently live, with an ongoing flash sale for the 1st one million tokens going up for sale at 1ETH = 3,000 HADACoin.

Learn more on the Hada DBank website – https://www.hada-dbank.com/
Read the Hada DBank Whitepaper –https://drive.google.com/file/d/16nbPwXqjXRRmVKstu1dn4NobywANASkH/view
Chat with the Hada DBank team on Telegram – https://t.me/HADADBank
Follow Hada DBank on Twitter – https://twitter.com/HadaDBank
Follow Hada DBank on Facebook – https://www.facebook.com/hadadbank.official/
Check out Hada DBank on Instagram – https://www.instagram.com/hadadbank/
Learn more about Hada DBank on Medium – https://medium.com/@hadadbank
Visit the DE Asset Management Limited Website here – https://deasset.ca/

Media Contact

Contact Name: Linda A
Email: [email protected]
Location: Kuala Lumpur, Malaysia
Company: Hada DBank

Hada DBank 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.

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

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The post PR:Hada DBank’s Digital Coin (HADA Coin) Acquires Listing on Digi Peso Trading Exchange appeared first on BitcoinNews.com.

‘Bitcoin whales’ control third of market with $37.5bn holdings – Financial Times


Financial Times

Bitcoin whales’ control third of market with $37.5bn holdings
Financial Times
A mysterious cluster of 1,600 investors known colloquially as “bitcoin whales” collectively hold $37.5bn of the cryptocurrency, or close to a third of the available total, revealing the extent to which wealth is concentrated in the nascent market. Data
Bitcoin: Who really owns it, the whales or small fry?Irish Times
Flash Transfer: Bitcoin Hodlers Dumped $30 Billion Since DecemberBitcoin News (press release)

all 3 news articles »


Financial Times

'Bitcoin whales' control third of market with $37.5bn holdings
Financial Times
A mysterious cluster of 1,600 investors known colloquially as “bitcoin whales” collectively hold $37.5bn of the cryptocurrency, or close to a third of the available total, revealing the extent to which wealth is concentrated in the nascent market. Data ...
Bitcoin: Who really owns it, the whales or small fry?Irish Times
Flash Transfer: Bitcoin Hodlers Dumped $30 Billion Since DecemberBitcoin News (press release)

all 3 news articles »

Flash Transfer: Bitcoin Hodlers Dumped $30 Billion Since December

Flash Transfer: Bitcoin Hodlers Dumped $30 Billion Since DecemberLeading crypto research firm, Chainalysis, revealed staggering wealth transfer numbers, as reported by legacy news outlet Financial Times, concerning bitcoin core (BTC). From its price high in December of last year through April of 2018, BTC hodlers (supposed longer term investors) dumped $30 billion onto the market, shedding about half their collective positions just in […]

The post Flash Transfer: Bitcoin Hodlers Dumped $30 Billion Since December appeared first on Bitcoin News.

Flash Transfer: Bitcoin Hodlers Dumped $30 Billion Since December

Leading crypto research firm, Chainalysis, revealed staggering wealth transfer numbers, as reported by legacy news outlet Financial Times, concerning bitcoin core (BTC). From its price high in December of last year through April of 2018, BTC hodlers (supposed longer term investors) dumped $30 billion onto the market, shedding about half their collective positions just in December. The basic facts are sure to enliven debate regarding BTC’s ultimate function, be it as a ‘store of value,’ medium of exchange, or mere speculative asset.

Also read: Fidelity Investments Hints at Entering Cryptocurrency Exchange Space

Bitcoin Core ‘Hodlers’ Transfer $30 Million, Fueling Speculative Trade

Chainalysis economist Philip Gradwell noted, “This was an exceptional transfer of wealth.” He was speaking about the near half year flash in bitcoin core longer term investors dumping considerable amounts of their holdings. It’s actually an ongoing debate within the ecosystem. Is bitcoin a store of value for the long term or medium of exchange? Increasingly, more are objecting to the arbitrary poles: why can’t it be both?Flash Transfer: Bitcoin Hodlers Dumped $30 Billion Since December

Prior to that option, a vocal sector of the bitcoin core community, especially during the later part of 2017 when BTC’s price reached $20,000, argued whatever original proposition BTC was at its birth, it clearly was now digital gold. Indeed, seeing double digit gains as regular as rain discouraged bitcoiners from spending the asset as currency. Mempool congestion and skyrocketing fees only hammered home the hodl philosophy. Don’t spend your BTC — at least that’s what they said publicly.

Privately, however, something very different was happening. According to a Chainalysis study released this week, a “distinct shift in the make-up of bitcoin owners from longer-term investors — those who held the asset for more than a year — to short-term investors who have traded more recently” happened over a critical five months, from December of last year through April of this year, reports Hannah Murphy of the Financial Times.

BTC Consolidating, Sparking Price Manipulation Concerns

The report “estimates that longer-term holders sold at least $30bn worth of bitcoin to new speculators over the December to April period, with half of this movement taking place in December alone,” Ms. Murphy continued. Over those months, liquidity in the BTC market saw a 60 percent increase, driving the price down as supply outstripped demand. And over a calendar year, extending into early 2018, BTC managed to pick up exactly one more online merchant, raising the grand total to just 4, out of five hundred available.

Flash Transfer: Bitcoin Hodlers Dumped $30 Billion Since December

Also according to Chainalysis, the BTC market appears to be consolidating. As fewer hands control significant percentages of its trading value, fear grows about possible manipulation. “Overall, some 1,600 bitcoin wallets — managed by both speculators and investors — contained at least 1,000 bitcoin each in April, according to Chainalysis, collectively holding nearly 5m bitcoin, or close to a third of the available total. Of those, just under 100 wallets owned by longer-term investors contained between 10,000 and 100,000 bitcoin,” Ms. Murphy concluded.

Are you hodling bitcoin and where do you stand on the debate over the main function of BTC? Let us know in the comments below.


Images via the Pixabay, Financial Times, Chainalysis.


Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH and other coins, on our market charts at Satoshi’s Pulse, another original and free service from Bitcoin.com.

The post Flash Transfer: Bitcoin Hodlers Dumped $30 Billion Since December appeared first on Bitcoin News.

Wall Street Analyst Says $25000 Bitcoin Prediction in 2018 is Still in Play – newsBTC


newsBTC

Wall Street Analyst Says $25000 Bitcoin Prediction in 2018 is Still in Play
newsBTC
The cryptocurrency market has slowed over the past few days, with Bitcoin holding price levels within the mid $7,000s. However, Robert Sluymer and Tom Lee, both from market analysis firm, Fundstrat, believe that this will change very shortly.
Bitcoin Set to Challenge Downtrend in ‘Next Couple of Days’, Says …Cointelegraph
Bitcoin Price Breakout Days Away, Long-Term Trend Bullish: AnalystCCN
Fundstrat: Bitcoin Price May Soon Go BullishEthereum World News (blog)

all 9 news articles »


newsBTC

Wall Street Analyst Says $25000 Bitcoin Prediction in 2018 is Still in Play
newsBTC
The cryptocurrency market has slowed over the past few days, with Bitcoin holding price levels within the mid $7,000s. However, Robert Sluymer and Tom Lee, both from market analysis firm, Fundstrat, believe that this will change very shortly.
Bitcoin Set to Challenge Downtrend in 'Next Couple of Days', Says …Cointelegraph
Bitcoin Price Breakout Days Away, Long-Term Trend Bullish: AnalystCCN
Fundstrat: Bitcoin Price May Soon Go BullishEthereum World News (blog)

all 9 news articles »

Wall Street Analyst Says $25,000 Bitcoin Prediction in 2018 is Still in Play

The cryptocurrency market has slowed over the past few days, with Bitcoin holding price levels within the mid $7,000s. However, Robert Sluymer and Tom Lee, both from market analysis firm, Fundstrat, believe that this will change very shortly. Tom Lee Reaffirms His $25,000 Prediction Again, This Time On Bloomberg Tom Lee is by-far one of

The post Wall Street Analyst Says $25,000 Bitcoin Prediction in 2018 is Still in Play appeared first on NewsBTC.

The cryptocurrency market has slowed over the past few days, with Bitcoin holding price levels within the mid $7,000s. However, Robert Sluymer and Tom Lee, both from market analysis firm, Fundstrat, believe that this will change very shortly.

Tom Lee Reaffirms His $25,000 Prediction Again, This Time On Bloomberg

Tom Lee is by-far one of the most prominent cryptocurrency bulls out in the space right now, with regular appearances on mainstream media sources covering topics related to the cryptocurrency industry.

On Wednesday, Tom doubled down on his $25,000 prediction and has not wavered in his belief one bit.

One reason why he is holding strong on this prediction is that he believes that traditional institutions, like banks, will begin to pile into space as they see “lucrative” business opportunities arise. Lee also believes that the regulatory climate around cryptocurrencies will only improve as cryptocurrencies reach higher levels of institutional and retail adoption.

Additionally, Lee mentioned a Bitcoin indicator which he seems rather fond of using, the cost of mining a Bitcoin.

He noted:

The fully loaded cost of (to mine) Bitcoin next year, is going to be like $14,000, reflecting the difficulty”

He has continually noted that Bitcoin has held at the cost to mine, which means that Bitcoin will rise to meet the cost of mining when necessary.

Robert Sluymer, Also From Fundstrat, Sees Bitcoin Bottoming

Down the street in CNBC’s broadcasting room, Sluymer pointed out the series of higher lows which the price of Bitcoin should hold at if the market stays in a bearish state.

As Sluymer stated last week on another CNBC segment:

We think Bitcoin is starting to bottom off some very key support around $7,000 and we think it’s going to start a recovery process here.

He reiterated on yesterday’s broadcast that he believes that Bitcoin is about to “challenge its downtrend,” with Bitcoin’s price movement possibly turning to the upside if it breaks through the current downtrend levels.

As well, he also pointed out that Bitcoin’s RSI was sitting at quite a low level, similar to the levels seen before previous temporary movements to the upside seen earlier this year.

Sluymer said:

The setup is there, but what we need to see is the token actually breakout and move through some very key levels.

Sluymer also noted that one of these key levels is at $7800, which Bitcoin nearly tested earlier last week, but to no avail, with Bitcoin struggling to surpass that level.

The market analyst specifically said: “$7800 level, and it needs to get through that level to confirm that you are actually getting a trend reversal”

However, like many analysts, Sluymer had something to say about the unlikely chance of a ‘worst comes to worst’ scenario. He mentioned that if Bitcoin does not hold price levels at $7350 and $7000, that we could see further moves towards the downside.

But Sluymer has still shared the bullish sentiment with his co-worker, Tom Lee, saying:

If you’re short we think you should be very careful and reducing your short exposure. I think if you’re looking to be long this is where you start adding here to your long exposure.

The post Wall Street Analyst Says $25,000 Bitcoin Prediction in 2018 is Still in Play appeared first on NewsBTC.

Asian Cryptocurrency Trading Update: Decred Creeps Up in Sideways Market

FOMO Moments Current performing altcoins are Decred, Verge, Digibyte and Mixin. Crypto markets are predictably sideways again as we enter the weekend. The bounces are getting smaller indicating that a breakout could be imminent. Bitcoin has made no movements in the past 24 hours and remains at $7,670. Likewise with Ethereum which is hovering around

The post Asian Cryptocurrency Trading Update: Decred Creeps Up in Sideways Market appeared first on NewsBTC.

FOMO Moments

Current performing altcoins are Decred, Verge, Digibyte and Mixin.

Crypto markets are predictably sideways again as we enter the weekend. The bounces are getting smaller indicating that a breakout could be imminent. Bitcoin has made no movements in the past 24 hours and remains at $7,670. Likewise with Ethereum which is hovering around the $600 mark where it has been for the past few days. Altcoins are a mixed bag with half gaining small amounts and half losing them. None in the top 25 have posted any significant gains so we have to go beyond it to find Decred trading well today.

CMC reports that DCR is up 5% on the day to $108 from $103 this time yesterday. Currently at 28th position this altcoin has had a solid week where it has climbed 11% from $97 this time last weekend. Over the past month has made over 30% gains from a level just over $80 this time last month. It has been one of the top performing altcoins for the past couple of months climbing steadily from the beginning of April. Against Bitcoin Decred is up 4.8% on the day to 1415000 satoshis from 1350000 sats this time yesterday. Weekly gains on BTC have been been a solid 8.5% from 1305000 satoshis this time last Saturday.

Apart from retweeting a number of images of attractive women wearing Decred jackets there is nothing on the feed to indicate current price momentum. DCR seems to be one of the bullish coins of the moment; project leader Jake Yocom-Piatt recently proposed an alternative to the existing crypto exchange model. Decentralized exchanges (DEX) are the next natural stages in the evolution of the cryptocurrency industry and Decred intends on being part of that.

DCR has been traded predominantly on little known exchange Fex which has almost 60% of the total. Bittrex, Upbit and Poloniex also share some of that volume which has climbed from $4.5 million to over $6 million over the past 24 hours. Decred is currently 28th spot on the market cap list with $775 million.

This entire week has seen no real movement in crypto markets. Since yesterday the total capitalization has inched up less than a percent to $345 billion where it currently stands. This is very close to the levels the markets were at this time last weekend. 24 hour trade volume has dropped slightly to $13.5 billion. Most of the other altcoins are pretty flat during Asian trading this morning but a couple seem to be doing slightly better and they are Verge up 4.2%, Digibyte up 8.5% and Mixin up 7.4%.

More on Decred can be found here: https://www.decred.org/

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

The post Asian Cryptocurrency Trading Update: Decred Creeps Up in Sideways Market appeared first on NewsBTC.

North America: Crypto and Blockchain News Roundup, 1st to 7th June 2018

North America Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country. USA Dennis Rodman’s trip to North Korea-US Summit possibly sponsored by Potcoin: Cryptocurrency platform PotCoin has announced that it is planning to sponsor the …

The post North America: Crypto and Blockchain News Roundup, 1st to 7th June 2018 appeared first on BitcoinNews.com.

North America

Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country.

USA

Dennis Rodman’s trip to North Korea-US Summit possibly sponsored by Potcoin: Cryptocurrency platform PotCoin has announced that it is planning to sponsor the trip of Dennis Rodman to this month’s crucial US-North Korea moot in Singapore according to a PotCoin spokesperson.

While the news may seem incredulous, PotCoin has already sponsored him before in a previous trip to the secret country back in 2017 where only a handful of Americans are allowed to enter each year. According to Dennis Rodman, he is willing to go to Singapore to provide moral support for Donald Trump and Kim Jong-un.

Financial regulator says crypto will proliferate to every economy: A commissioner at US Commodities and Future Trading Commission (CFTC) has said that cryptocurrencies are likely to proliferate to economies around the world.

Rostin Benham, the said commissioner called cryptocurrencies a “modern miracle” and “cryptocurrencies will proliferate to every economy and every part of the planet”.

The CFTC declared Bitcoin a commodity as early as 2015 and has since then played a positive role in the regulatory efforts towards cryptocurrencies. Many small economies could also become dependent on cryptocurrencies to exist because of problems in central banking.

John McAfee to run for president based on pro-crypto platform: John McAfee, a leading cryptocurrency protagonist has said announced that he will be running for president in the 2020 US presidential election based on a pro-crypto platform.

In a tweet this week, the outspoken crypto enthusiast said:

“In spite of past refusals, I have decided to again run for POTUS in 2020. If asked again by the Libertarian party, I will run with them. If not, I will create my own party. I believe this will best serve the crypto community by providing the ultimate campaign platform for us.”

It is natural for crypto enthusiasts to run from the Libertarian platform because cryptocurrency is based on a free market model. The responding Twitterati generally held a positive view for him in response.

Steve Wozniak prefers Bitcoin to all other crypto: Apple co-founder and innovator Steve Wozniak has said that he is excited about Bitcoin more than any other cryptocurrency and hopes that it becomes a global cryptocurrency of the future.

Wozniak made these comments during a CNBC interview on 4 June at the Money 20/20 conference in Amsterdam. He also predicted a massive hike in price for Bitcoin in the future.

Google set to ban all cryptocurrency ads from this month: Google is going to ban all cryptocurrency related adverts from its vast ad network by the end of June 2018 according to a financial products policy releasde by the tech giant.

Google initially wanted to ban all ICOs only but the ban will now encompass all cryptocurrency products including legal cryptocurrency exchanges, wallets and crypto trading and futures services. This massive ban is seen as a negative development for the future of the cryptoverse.

New York legislators deliberating over crypto task force: New York is looking to follow the footsteps of places like the United Kingdom by setting up a cryptocurrency task force according to the latest bill presented in the state legislature.

New York’s already tough laws for cryptocurrency startups mean that it is difficult for startups to get registered in the financial capital of the world as it battles several issues of its own. The task force will eventually submit its finding to the working committee in the near future after completing extensive studies.

The bill also states a requirement to review the current situation and reads: “laws and regulations on digital currency used by other states, the federal government, foreign countries, and foreign political and economic unions to regulate the marketplace.”

A nine-member team will be established for this purpose and will work directly under the governor for the investigation.

Canada

Quebec halts crypto mining projects and deliberates over increased power fees: The Canadian state of Quebec has announced that it is halting new mining operations in its area according to latest news reports from Reuters.

The decision comes after a cryptocurrency mining boom in the province because of lower power tariffs. But the increased mining operations resulted in the state electricity consumption increased dramatically and caused concern among government quarters. The Quebec government also announced that it is limiting power to all existing crypto miners as well as planning to increase electricity prices for mining operations.

 

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The post North America: Crypto and Blockchain News Roundup, 1st to 7th June 2018 appeared first on BitcoinNews.com.

Bitcoin: Who really owns it, the whales or small fry? – Irish Times

Irish TimesBitcoin: Who really owns it, the whales or small fry?Irish TimesDonnie is just one member of a clubby community of early investors in bitcoin who have been able to reap the benefits of its dramatic bull run, cashing out some holdings as its …


Irish Times

Bitcoin: Who really owns it, the whales or small fry?
Irish Times
Donnie is just one member of a clubby community of early investors in bitcoin who have been able to reap the benefits of its dramatic bull run, cashing out some holdings as its value more than doubled in the space of a month to peak at about $20,000 in ...
Flash Transfer: Bitcoin Hodlers Dumped $30 Billion Since DecemberBitcoin News (press release)

all 2 news articles »

PR: ChainEX Launches Digital Asset Exchange Announces Zero Fees

Bitcoin Press Release: A newly launched digital asset exchange – ChainEX – has announced it will charge zero fees for two weeks on all its trading pairs starting on the 4th of June. June 2nd, 2018. Jeffreys Bay, South Africa: ChainEX is the only digital asset exchange that provides a platform for South Africans to …

The post PR: ChainEX Launches Digital Asset Exchange Announces Zero Fees appeared first on BitcoinNews.com.

Bitcoin Press Release: A newly launched digital asset exchange – ChainEX – has announced it will charge zero fees for two weeks on all its trading pairs starting on the 4th of June.

June 2nd, 2018. Jeffreys Bay, South Africa: ChainEX is the only digital asset exchange that provides a platform for South Africans to buy, sell or trade over 30 different digital assets using the South African rand as the default fiat-buying currency for some.

ChainEX’s director, Otto Lessing said their mission is to provide a world-class platform that is secure, user-friendly and reliable with a well-tested, highly scalable matching engine to benefit not only South African but also international users – supporting trading in more than 200 countries.

ChainEX is playing its part in meeting the world’s ever-increasing appetite for cryptocurrencies, said Lessing.

The increased interest in cryptocurrencies comes as no surprise as more and more people are looking to get involved in this exciting opportunity.

ChainEX’s future plans include expanding its asset base by introducing more digital asset currencies to its trading platform and implementing scaling fees from the 18th of June, thereby providing its users with an even better experience and more exposure to cryptocurrencies.

About ChainEX

ChainEX was founded early in 2018, but the dream of creating a digital asset exchange existed long before then. In 2015, one of our executive team members was introduced to cryptocurrencies after eavesdropping on a conversation between two people over breakfast. Curiosity got the better of him, and after reading up on what he heard and researching the subject further, he decided he had to get involved. He didn’t know the details yet, but he knew he had to do something.

Eager to share his excitement about this newly discovered technology, he spoke to some of his friends (now shareholders) and spurred on by passion and excitement, with a vague idea of what they wanted to achieve, the journey to ChainEX began.

Then, with one random conversation, the team met a new friend, who also happened to be a systems architect. ChainEX had a new friend, who had an overseas investment partner and wanted to launch a digital asset exchange. The difference, however, was that they KNEW how to do it! The rest, as they say, is history.

The ChainEX journey may sound like a story that only happens by chance, once in a lifetime or only to a select few. But ChainEX doesn’t believe in chance, coincidence or that success is only reserved for some.

The team believes in purpose and that if you make up your mind and follow your dreams wholeheartedly, believing that anything is possible, the rest will follow.

Visit the Website: https://chainex.io
Follow on Facebook: https://www.facebook.com/ChainEXIO/
Follow on Twitter: https://twitter.com/ChainEXIO
Follow on LinkedIn: https://www.linkedin.com/company/chainexio
GooglePlus: https://plus.google.com/106780372168772729239
Medium: https://medium.com/chainex
Reddit: https://www.reddit.com/r/ChainEX/

Media Contact
Name: Wilma Burger
Email: [email protected]
Location: Jeffreys Bay, South Africa

ChainEx 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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The Yes Votes Are In: EOS Blockchain to Launch Imminently

The candidates for EOS’s equivalent of “miners” have voted tonight to move the hotly anticipated blockchain to its next launch phase.

The candidates for EOS’s equivalent of “miners” have voted tonight to move the hotly anticipated blockchain to its next launch phase.

VeChain Price Analysis — Positive trend evident

Up 46% from its April 1st low point and with the launch of its mainet only two weeks away, market sentiment towards VeChain continues to trend positively

Up 46% from its April 1st low point and with the launch of its mainet only two weeks away, market sentiment towards VeChain continues to trend positively

Europe: Crypto and Blockchain News Roundup, 1st to 7th June 2018

Europe Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country. Poland Government rules crypto exchanges still legal: According to latest reports from Poland, the top financial authority in the country Polish Financial Supervision ‎Authority (KNF) …

The post Europe: Crypto and Blockchain News Roundup, 1st to 7th June 2018 appeared first on BitcoinNews.com.

Europe

Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country.

Poland

Government rules crypto exchanges still legal: According to latest reports from Poland, the top financial authority in the country Polish Financial Supervision ‎Authority (KNF) has announced that cryptocurrency exchanges are still legal. 

The move comes after massive media coverage which stated that cryptocurrency trading is going to be banned by the government. The government itself is looking towards adding cryptocurrency regulation in the near future but is yet undecided on the matter.

Russia

Putin rejects possibility of Crypto Ruble: Russian President Vladimir Putin has shot down the possibility of issuing a Russian crypto Ruble according to latest reports.

The President was asked about the matter at the 15th annual Direct Line Speech in which Russian public asks the president questions. While he was supportive of the crypto community and blockchain, he was clear on the fact that Russia won’t be launching a cryptocurrency soon.

Farmers village using local crypto: Russian innovation in blockchain and cryptocurrency is to be noted as farmers in a small village have started their own cryptocurrency according to latest reports.

Mikhail Shlyapnikov, self-proclaimed ‘agro-anarchist’ gave the idea to start his own cryptocurrency the Kolion but was stopped by a court order in 2015. His initial coin offering was started in April 2017 and raised over BTC 401, more than USD 510,000 only at that time.

Kolion has a fixed supply of 1 million tokens and thus is protected from inflation.

Estonia

Wind-powered crypto mining farm started in Estonia: An Estonian government-owned cryptocurrency mining operation drawing energy from a wind farm has started operations off the coast of Estonia in the cold Baltic sea, thus highlighting the massive potential of the area for cryptocurrency mining.

The Salme Wind Farm, as it was named, will provide power worth 6 MWh for mining rigs in Estonia form mining cryptocurrency. While cryptocurrency mining has been an issue worldwide, renewable sources are generally more acceptable for mining purposes.

Switzerland

Bank open for crypto companies: Swiss Bank Hypothekarbank Lenzburg has become the world’s first bank to provide business accounts to cryptocurrency and blockchain companies in the country.

While other banks like Falcon Private Bank based in Zurich have also offered crypto management services, this is the first instance of a bank offering corporate accounts to crypto startups, thus giving a further boost to the country’s crypto space.

European Union

Crypto no greater threat than conventional sources according to EU study: According to latest reports from an EU funded study, cryptocurrencies don’t pose a bigger threat in case of terror financing than traditional fiat currency options do.

The parliamentary think tank gave these findings after months of research related to terror financing in the continent. The report was commissioned by the EU parliament’s Policy Department for Citizens’ Rights and Constitutional Affairs.

Netherlands

Blockchain-based land registry in Netherlands: The Dutch government’s decision to test a blockchain-based land registry system in the country is gaining attention as a testbed for revolution in real estate data management.

The government, according to Coindesk reports, is going to test the system in the near future with complete integration possible within the next 2-3 years.

Belgium

Belgium state website warns against possible crypto scams: Top Belgian markets and finance authority the Belgian Federal Public Service Economy and Financial Services & Market Authority has created a website called ‘Too Good to be True’ to warn investors about possible cryptocurrency scams. 

The website gives sensible warnings on how hackers and scammers are using the popularity of cryptocurrencies to con people out of their life savings.

Germany

Banks offering ATMs capable of converting crypto to fiat: German financial watchdog German Federal Financial Supervisory Authority (BaFin) has given the green light for banks to facilitate cryptocurrency ATMs. Now banks can set up Bitcoin ATMs that will allow people to convert Ether and Bitcoin to Euros, according to Trustnodes.

While banks are interested in this endeavor, no bank is currently giving this option to its customers.

 

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The post Europe: Crypto and Blockchain News Roundup, 1st to 7th June 2018 appeared first on BitcoinNews.com.

PR: Namahe leverages A.I. to power up their blockchain

Bitcoin Press Release: Fintech startup Namahe is utilizing avant-garde A.I. solutions from Google, IBM and Adqura to build a revolutionary platform for supply chain management. June 1st, 2018. Singapore – Namahe, the first supply chain solution-based on blockchain technology, has announced a new partnership with Adqura, a recognized provider of real-time decision-making solutions, to help …

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Bitcoin Press Release: Fintech startup Namahe is utilizing avant-garde A.I. solutions from Google, IBM and Adqura to build a revolutionary platform for supply chain management.

June 1st, 2018. Singapore – Namahe, the first supply chain solution-based on blockchain technology, has announced a new partnership with Adqura, a recognized provider of real-time decision-making solutions, to help develop the A.I. component of their new platform to be released next year. This adds to their existing collaborations with TensorFlow (Google) and IBM’s Hyperledger.

Namahe incorporates A.I. with blockchain technology to produce a secure ecosystem, where businesses can save on costly audits and improve efficiency in their supply chains.

While blockchain will bring transparency to the value chains, Namahe expects A.I. to produce an automated decision-making system, able to make adjustments in real time to the supply chain. The Namahe platform will therefore be able to implement corrective measures in real time, and even produce predictions for future markets, reducing waste and improving productivity.

Sameer Prakash, co-founder, and Director at Adqura had these words to say about the partnership;

“At Adqura, we are at the forefront of using A.I. and intelligent decision-making to provide innovative solutions in our rapidly evolving digital world. We are excited to partner with Namahe and bring our expertise on board to build a class leading Smart Blockchain platform.”

Kumar Mudaliar, co-founder of Namahe was also available for comment, stating that;

“With the Namahe platform, we aim to massively overhaul the industries involved in the supply chain by incorporating an A.I. layer into the mix.”

Brands adopting Namahe’s solution will show the full transparency of their supply chain, therefore, avoiding negative publicity, saving millions on big audits and maintaining customer loyalty. Namahe estimates the market for their platform to approach $350 million USD per year by 2020.

Namahe launched the first phase of their crowdfunding, with their NMH token being available for purchase in a public pre-sale on Namahe.io. Early investors can take advantage of a 20% discount during the first two weeks.

More on Namahe and A.I

Namahe will boost the efficiency of supply chains by allowing this A.I layer to seamlessly monitor the supply chain in real time, looking for anomalies in the patterns to detect fraud, delays and unusual events, and flagging the data for review.

Over time, this system will expand its skill-set using machine learning libraries and is expected to quickly reach a level where it can act autonomously, reacting to events much faster than previously possible based on the confidence of its observations, eventually being capable of making predictions about future markets.

About Namahe Limited

Namahe was first founded in 2010 by Ajay Lakhwani and Kumar Mudaliar. The company is now based in Singapore and employs an international team of 10. Namahe wants to leverage blockchain and A.I. to revolutionize supply chain management. Brands adopting Namahe will allow transparency and security of their supply chain, therefore saving on big audits and ensuring ethical sourcing. Namahe represents a major opportunity to introduce a disruptive idea that addresses both inefficiencies in the value chain and social inequalities. In May 2018, Namahe received the « World’s Greatest Brand 2017-2018 Asia » award in the Technology & Sustainability category.

Visit the Website – www.namahe.io
Join 15,000 followers on Twitter – @bynamahe
Like Namahe on Facebook – facebook.com/namahe
Chat with the team on Telegram – https://t.me/bynamahe
Watch our trailer – https://youtu.be/bMOhemmnhrE
Discuss the project on Reddit – https://www.reddit.com/r/namahe/

For further information and interview requests, contact [email protected]

Namahe 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

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