📨 #DeCenterDaily
📉 Bitcoin tumbles below $6,500 for the first time since July as SEC postpones its decision on Bitcoin ETF.
via Bloomberg
💵 Coinbase will boost its daily purchase limits to $25,000.
via ccn
🔝 After a pre-Initial Public Offering (IPO) funding round, Bitcoin mining giant Bitmain’s valuation has reached $15 billion.
via Cointelegraph
🇺🇦 Ukraine Central Election Commission member is exploring how the blockchain technology could be used in elections.
via CoinDesk
⭕️ Opera has opened its desktop browser to its recently released mobile crypto wallet.
via Bitcoin.com
📉 Bitcoin tumbles below $6,500 for the first time since July as SEC postpones its decision on Bitcoin ETF.
via Bloomberg
💵 Coinbase will boost its daily purchase limits to $25,000.
via ccn
🔝 After a pre-Initial Public Offering (IPO) funding round, Bitcoin mining giant Bitmain’s valuation has reached $15 billion.
via Cointelegraph
🇺🇦 Ukraine Central Election Commission member is exploring how the blockchain technology could be used in elections.
via CoinDesk
⭕️ Opera has opened its desktop browser to its recently released mobile crypto wallet.
via Bitcoin.com
The Minter blockchain network has become one of the first projects ever to execute the KYC procedure using the Telegram Passport. Usually, it takes an average user several hours—if not days—to complete the registration process on a cryptocurrency exchange. Sum&Substance, which is the KYC/AML solutions market leader, is going to change that for good. The verification process will now take one minute and require a user to upload their passport or government-issued ID and verify their e-mail address and mobile phone number. The response will be available almost instantly!
You may experience this brand new approach on the Minter private sale page: https://www.minter.network/ps
For more detail, check out the article: http://dcntr.org/verify-on-the-fly
You may experience this brand new approach on the Minter private sale page: https://www.minter.network/ps
For more detail, check out the article: http://dcntr.org/verify-on-the-fly
www.minter.network
Minter: digital assets marketplace
Your single gateway to major digital currencies and assets: buy, sell, send, and spend BTC, ETH, BIP, USDC, gold, oil, stocks, and thousands more.
Cointelegraph sat down for an interview with Pierre-Edouard Wahl, the head of blockchain digital services at PwC Switzerland. Mr. Wahl expressed his vision of the future potential of the blockchain technology in the country.
Read Now >
Read Now >
Cointelegraph
PwC’s Pierre-Edouard Wahl: Blockchain Can Bring Positive Competition to Swiss Banking Space
Head of blockchain at PwC Switzerland Pierre-Edouard Wahl speaks about the need for smarter crypto regulation globally.
Legal Regulation of Crypto Funds
How do you like the idea of taking someone else's money, using it in the crypto market, and returning it while shaving off a percentage of profits? By the way, you risk nothing, because the client is warned about the risks of the insane volatility inherent to the cryptocurrency market. Many people like this idea, and you would be surprised how many results search engines provide on the "how to set up a crypto fund" query.
Learn More Now! >
How do you like the idea of taking someone else's money, using it in the crypto market, and returning it while shaving off a percentage of profits? By the way, you risk nothing, because the client is warned about the risks of the insane volatility inherent to the cryptocurrency market. Many people like this idea, and you would be surprised how many results search engines provide on the "how to set up a crypto fund" query.
Learn More Now! >
decenter.org
Legal Regulation of Crypto Funds
The ins and outs of establishing a crypto fund and all of the nuances related to the procedure.
To Divide or Not to Divide: The NEO Software Update Threatens to Split the Community
The NEO project, formerly known as Antshares, was founded in 2015 with the goal of creating a corporate-level blockchain with an emphasis on identity and smart contracts. After raising more than $3.7 million during the ICO and launching the main network in 2016, the project has already taken a place of honor among the long line of "new Ethereums."
Read More >
The NEO project, formerly known as Antshares, was founded in 2015 with the goal of creating a corporate-level blockchain with an emphasis on identity and smart contracts. After raising more than $3.7 million during the ICO and launching the main network in 2016, the project has already taken a place of honor among the long line of "new Ethereums."
Read More >
decenter.org
To Divide or Not to Divide: The NEO Software Update Threatens to Split the Community
NEO is on the verge of new developments as a software update looms and the community is not happy.
📨 #DeCenterDaily
💵 According to the ICORating’s latest report, 55% of the ICOs failed in Q2 2018.
via ccn
🤝 ShapeShift has announced the acquisition of Bitfract, a software producer that allows users to swap Bitcoin into a number of digital assets in one transaction.
via CoinDesk
🏦 Ledgerx has launched an interest-bearing Bitcoin savings platform.
via Bitcoin.com
📖 In a new study, Yale economists provide the “first-ever comprehensive economic analysis“ of cryptocurrency and the blockchain technology.
via Cointelegraph
🎵 Decentralized music-sharing protocol Audius has raised $5.5 million in a Series A funding round.
via TechCrunch
💵 According to the ICORating’s latest report, 55% of the ICOs failed in Q2 2018.
via ccn
🤝 ShapeShift has announced the acquisition of Bitfract, a software producer that allows users to swap Bitcoin into a number of digital assets in one transaction.
via CoinDesk
🏦 Ledgerx has launched an interest-bearing Bitcoin savings platform.
via Bitcoin.com
📖 In a new study, Yale economists provide the “first-ever comprehensive economic analysis“ of cryptocurrency and the blockchain technology.
via Cointelegraph
🎵 Decentralized music-sharing protocol Audius has raised $5.5 million in a Series A funding round.
via TechCrunch
Remember Nick Szabo’s words about trusted third parties being security holes?
Here is an interactive flow chart showing all of the third parties PayPal shares data with.
Here is an interactive flow chart showing all of the third parties PayPal shares data with.
Microsoft’s cloud platform Azure has introduced a Proof-of-Authority (PoA) consensus algorithm on its Ethereum blockchain product.
Learn More >
Learn More >
Microsoft
Ethereum Proof-of-Authority on Azure
We’ve had great traction with our support of Ethereum on Azure. The existing Proof-of-Work solution has been deployed tens of thousands of times across a variety of industry verticals.
What Is the Howey Test?
It is a test that determines whether a token is a security. There are three key elements:
• the presence of the fact of investing funds;
• whether the fate of the investment depends on the investors or the actions of other parties;
• the expectation of profit as a result of the activities of others.
Each element includes several characteristics, for which correspondence points are awarded. The more points (that is, the higher the probability that all three elements are executed for a token), the more the token corresponds to the definition of a security.
The test was introduced into the economic and legal field in the course of the SEC v. Howey precedent-setting case in 1946. In June 1945, Howey Company, a Florida farm that cultivated citrus in Lake County, decided to lease half of its land to "finance additional development." This was later deemed as a securities offering.
In 2016, Coinbase, Coin Center, Union Square Ventures, and Consensys suggested using the test in the blockchain industry.
By the way, it was this test that helped judge Andrea Simonton of the Southern District of Florida determine the security status of the CTR token, which was endorsed by boxer Floyd Mayweather.
#flashcards
It is a test that determines whether a token is a security. There are three key elements:
• the presence of the fact of investing funds;
• whether the fate of the investment depends on the investors or the actions of other parties;
• the expectation of profit as a result of the activities of others.
Each element includes several characteristics, for which correspondence points are awarded. The more points (that is, the higher the probability that all three elements are executed for a token), the more the token corresponds to the definition of a security.
The test was introduced into the economic and legal field in the course of the SEC v. Howey precedent-setting case in 1946. In June 1945, Howey Company, a Florida farm that cultivated citrus in Lake County, decided to lease half of its land to "finance additional development." This was later deemed as a securities offering.
In 2016, Coinbase, Coin Center, Union Square Ventures, and Consensys suggested using the test in the blockchain industry.
By the way, it was this test that helped judge Andrea Simonton of the Southern District of Florida determine the security status of the CTR token, which was endorsed by boxer Floyd Mayweather.
#flashcards
Insurance in the Crypto Industry: Is It Possible to Insure the Risks Associated with Bitcoin’s Volatility?
It is no secret that the cryptocurrency market is still highly risky. And it is not just about volatility, but also about hacking attacks aimed at both exchanges and individuals. Therefore, the situation with insurance of crypto assets is quite acute today. The insurance procedure itself, however, raises more questions than it grants answers. What exactly can we insure? How will the asset assessment process take place? Who can do it?
Learn More Now! >
It is no secret that the cryptocurrency market is still highly risky. And it is not just about volatility, but also about hacking attacks aimed at both exchanges and individuals. Therefore, the situation with insurance of crypto assets is quite acute today. The insurance procedure itself, however, raises more questions than it grants answers. What exactly can we insure? How will the asset assessment process take place? Who can do it?
Learn More Now! >
decenter.org
Insurance in the Crypto Industry: Is It Possible to Insure the Risks Associated with Bitcoin’s Volatility?
Is it possible to insure something that is as volatile as a pure spirit left under the sun?
The Rial Is Falling and the Volume of Crypto Investments Is Growing
Last week, Iran's national currency, the rial, fell to a record low against the U.S. dollar. 112,000 rials is being offered on the black market for 1 U.S. dollar. In general, the national currency has devalued by three times over the year.
Read More >
Last week, Iran's national currency, the rial, fell to a record low against the U.S. dollar. 112,000 rials is being offered on the black market for 1 U.S. dollar. In general, the national currency has devalued by three times over the year.
Read More >
decenter.org
The Rial Is Falling and the Volume of Crypto Investments Is Growing
The Iranian rial may be spiraling down the economic drain, but cryptos are saving the Iranian people.
📨 #DeCenterDaily
🇦🇺 Commonwealth Bank of Australia (CBA) has been mandated by the World Bank to arrange a blockchain-based bond issue.
via ccn
👀 Binance unveiled the platform’s first look at its upcoming decentralized exchange (DEX).
via Cointelegraph
💵 Chinese private equity firm will invest $270 million in Overstock blockchain subsidiary.
via Forbes
🇨🇳 Tencent is piloting the blockchain technology on its WeChat app to speed up reimbursement of expenses for company employees.
via CoinDesk
🇺🇦 Ukrainian authorities consider introducing a 5% tax on cryptocurrency income.
via Bitcoin.com
🇦🇺 Commonwealth Bank of Australia (CBA) has been mandated by the World Bank to arrange a blockchain-based bond issue.
via ccn
👀 Binance unveiled the platform’s first look at its upcoming decentralized exchange (DEX).
via Cointelegraph
💵 Chinese private equity firm will invest $270 million in Overstock blockchain subsidiary.
via Forbes
🇨🇳 Tencent is piloting the blockchain technology on its WeChat app to speed up reimbursement of expenses for company employees.
via CoinDesk
🇺🇦 Ukrainian authorities consider introducing a 5% tax on cryptocurrency income.
via Bitcoin.com
Litecoin (LTC) transactions are now available via Telegram.
Tweet: https://goo.gl/2Y5Ewo
Tweet: https://goo.gl/2Y5Ewo
IBM and Danish transport and logistics giant Maersk have rolled out their global blockchain-powered shipping solution.
There are 92 organizations involved and 154 million shipping events already captured.
Read More >
There are 92 organizations involved and 154 million shipping events already captured.
Read More >
Who Are Market Makers and Market Takers?
Market makers generally try to buy at the current best bid or sell at the current best offer, i.e., they are making a market that is reflected in the current last price. Market makers are almost always willing to buy or sell but may be inclined to step away in times of extreme volatility.
Market takers are less concerned with executing at the best bid or offer. Instead, they seek liquidity and immediacy, which is enhanced by the constant availability of a tight bid/ask spread created by the market makers.
Some cryptocurrency exchanges charge different fees based on whether a trader is a market maker or a market taker.
• When you place an order that is immediately filled in its entirety (for example a market or stop order) you are a “taker,” and you pay a “taker” fee for this. The idea is that you are “taking” the price you want, right now, generally by buying or selling limit orders sitting on the books.
• Meanwhile, when you place an order that doesn’t fill immediately (like a limit order), you are a “maker,” and you can expect to pay a reduced “maker” fee for this. This terminology comes from the fact that placing limit orders on the books helps to “make the market,” (it makes you a “market maker”).
#flashcards
Market makers generally try to buy at the current best bid or sell at the current best offer, i.e., they are making a market that is reflected in the current last price. Market makers are almost always willing to buy or sell but may be inclined to step away in times of extreme volatility.
Market takers are less concerned with executing at the best bid or offer. Instead, they seek liquidity and immediacy, which is enhanced by the constant availability of a tight bid/ask spread created by the market makers.
Some cryptocurrency exchanges charge different fees based on whether a trader is a market maker or a market taker.
• When you place an order that is immediately filled in its entirety (for example a market or stop order) you are a “taker,” and you pay a “taker” fee for this. The idea is that you are “taking” the price you want, right now, generally by buying or selling limit orders sitting on the books.
• Meanwhile, when you place an order that doesn’t fill immediately (like a limit order), you are a “maker,” and you can expect to pay a reduced “maker” fee for this. This terminology comes from the fact that placing limit orders on the books helps to “make the market,” (it makes you a “market maker”).
#flashcards
In his recent interview published in the July-August issue of the Harvard Business Review, JPMorgan Chase CEO Jamie Dimon has said that the biggest potential disruption to banking giant’s business is new forms of payment, later adding that the company is currently piloting the blockchain technology.
Read Interview >
Read Interview >
Harvard Business Review
“Managers Don’t Have All the Answers”
A conversation with JPMorgan Chase CEO Jamie Dimon
Singapore-based venture capital firm Golden Gate Ventures will launch a $10 million fund to invest in cryptocurrency and blockchain technology startups.
Read More >
Read More >
Cointelegraph
Singapore: Venture Capital Firm to Launch $10 Million Crypto, Blockchain Investment Fund
Singapore-based Golden Gate Ventures will launch a $10 million global fund for blockchain and cryptocurrency companies.
📨 #DeCenterDaily
🎩 Facebook’s David Marcus resigns from Coinbase’s board.
via VentureBeat
📊 According to the new study, Malta, Belize, and Seychelles are topping the exchange-based crypto trade chart.
via Bitcoin.com
🇨🇳 China’s Communist Party has released the book noscriptd Blockchain—A Guide for Officials.
via CoinDesk
🇺🇸 The U.S. Financial Crimes Enforcement Network (FinCEN) is now receiving more filings of crypto-related Suspicious Activity Reports (SARs).
via Cointelegraph
🔚 On September 10, BitConnect’s token will get removed from the last cryptocurrency exchange that traded it.
via ccn
🎩 Facebook’s David Marcus resigns from Coinbase’s board.
via VentureBeat
📊 According to the new study, Malta, Belize, and Seychelles are topping the exchange-based crypto trade chart.
via Bitcoin.com
🇨🇳 China’s Communist Party has released the book noscriptd Blockchain—A Guide for Officials.
via CoinDesk
🇺🇸 The U.S. Financial Crimes Enforcement Network (FinCEN) is now receiving more filings of crypto-related Suspicious Activity Reports (SARs).
via Cointelegraph
🔚 On September 10, BitConnect’s token will get removed from the last cryptocurrency exchange that traded it.
via ccn
The giant of cryptocurrency mining, Bitmain, is planning to go public and is targeting a valuation of $40-50 billion.
Read More >
Read More >
CoinDesk
Crypto Unicorn Bitmain Weighs $18 Billion IPO, One of World's Largest
Bitmain is going public in China. The IPO might make it one of the most valuable startups, cryptocurrency or not, to ever debut on the public markets.