📨 #DeCenterDaily
➕ “Traders post margin in XBT [Bitcoin], and earn or lose Bitcoin as the ETH/USD rate changes.”
via Cointelegraph
👁🗨 Google announced a massive advertiser identity verification campaign.
via Modern Consensus
💲 Cryptocurrency lender dYdX processed $1.1 billion in loans over the past 12 months.
via Bitcoin[dot]com
✔️ Nearly 80% of U.S. investors surveyed by Investing[dot]com see the coronavirus market downturn as an opportunity to invest.
via ccn
🇰🇷 South Korean travel unicorn is integrating a cryptocurrency rewards program.
via Decrypt
➕ “Traders post margin in XBT [Bitcoin], and earn or lose Bitcoin as the ETH/USD rate changes.”
via Cointelegraph
👁🗨 Google announced a massive advertiser identity verification campaign.
via Modern Consensus
💲 Cryptocurrency lender dYdX processed $1.1 billion in loans over the past 12 months.
via Bitcoin[dot]com
✔️ Nearly 80% of U.S. investors surveyed by Investing[dot]com see the coronavirus market downturn as an opportunity to invest.
via ccn
🇰🇷 South Korean travel unicorn is integrating a cryptocurrency rewards program.
via Decrypt
📨 #DeCenterDaily
🇨🇳 The world’s most valued artificial intelligence start-up will be working with China’s Digital Currency Research Institute.
via South China Morning Post
🇺🇸 R3’s Corda has been found the only major blockchain fully compliant with the National Institute of Standards and Technology’s (NIST) cryptographic standards.
via Modern Consensus
🏊♀️ Binance, the world’s leading cryptocurrency exchange in terms of daily trading volume, launched its own mining pool.
via Cointelegraph
📈 Digital asset management giant Grayscale now owns 1% of Ether’s (ETH) circulating supply.
via Decrypt
📊 The total trading volume of the cryptocurrency market amounted to USD 8.8 trillion in the first quarter of this year.
via Bitcoin[dot]com
🇨🇳 The world’s most valued artificial intelligence start-up will be working with China’s Digital Currency Research Institute.
via South China Morning Post
🇺🇸 R3’s Corda has been found the only major blockchain fully compliant with the National Institute of Standards and Technology’s (NIST) cryptographic standards.
via Modern Consensus
🏊♀️ Binance, the world’s leading cryptocurrency exchange in terms of daily trading volume, launched its own mining pool.
via Cointelegraph
📈 Digital asset management giant Grayscale now owns 1% of Ether’s (ETH) circulating supply.
via Decrypt
📊 The total trading volume of the cryptocurrency market amounted to USD 8.8 trillion in the first quarter of this year.
via Bitcoin[dot]com
Forwarded from Minter Network
Minter-Powered BTC
Many of you may have noticed that last Thursday, the BTC coin was issued on the network. It’s a “dummy coin” with minimal reserves that can’t be bought or destroyed—it’s backed by 10,000 BIP, while initial supply matches the maximum one.
Such coins are similar to ERC-20 tokens on the Ethereum network, with the only difference being that in our user-friendly environment, the throughput is considerably higher, and transaction fees do not exceed 1/100th of a cent. Plus, all transactions are final in five seconds.
With this coin rolled out, we are one step closer to a fully-fledged DeFi ecosystem. In it, MinterVault will store the top 10 cryptocurrencies for each Mainnet address, mirroring activity that’s happening on the actual chains. Once the MinterVault multisig is released, it will take control over the entire BTC supply, which will be first transferred there.
We can say with great confidence that by the end of this year, you’ll already be able to multi-send Bitcoin to hundreds of receivers in five seconds, spending no more than a couple of cents in total. The case is quite simple: if the user needs a wallet that’s fast and easy to use & understand, they install any of those available on Minter and create their main address, at the same time activating tens of others, such as BTC, ETH, and XRP. From there, the user can not only operate those coins within Minter but also transfer them to the “outer world,” that is, the original networks.
For now, let’s not talk about how we’ll ensure the exchangeability between BIP, customs, algocoins, and cryptocurrencies of other blockchains. But one thing is for sure: even your grandma will find it convenient and clear.
DeFi goes mainstream!
Example of a transfer of 1 Satoshi @ 1/100th of a cent in 5 sec.
Many of you may have noticed that last Thursday, the BTC coin was issued on the network. It’s a “dummy coin” with minimal reserves that can’t be bought or destroyed—it’s backed by 10,000 BIP, while initial supply matches the maximum one.
Such coins are similar to ERC-20 tokens on the Ethereum network, with the only difference being that in our user-friendly environment, the throughput is considerably higher, and transaction fees do not exceed 1/100th of a cent. Plus, all transactions are final in five seconds.
With this coin rolled out, we are one step closer to a fully-fledged DeFi ecosystem. In it, MinterVault will store the top 10 cryptocurrencies for each Mainnet address, mirroring activity that’s happening on the actual chains. Once the MinterVault multisig is released, it will take control over the entire BTC supply, which will be first transferred there.
We can say with great confidence that by the end of this year, you’ll already be able to multi-send Bitcoin to hundreds of receivers in five seconds, spending no more than a couple of cents in total. The case is quite simple: if the user needs a wallet that’s fast and easy to use & understand, they install any of those available on Minter and create their main address, at the same time activating tens of others, such as BTC, ETH, and XRP. From there, the user can not only operate those coins within Minter but also transfer them to the “outer world,” that is, the original networks.
For now, let’s not talk about how we’ll ensure the exchangeability between BIP, customs, algocoins, and cryptocurrencies of other blockchains. But one thing is for sure: even your grandma will find it convenient and clear.
DeFi goes mainstream!
Example of a transfer of 1 Satoshi @ 1/100th of a cent in 5 sec.
The U.S. Department of Transportation (DOT) published a report on how blockchain tech could accommodate commercial drone delivery.
Learn More »
Learn More »
The Block
A new US government report explores how blockchains could be used to track drones carrying medical supplies
Commercial drone delivery is becoming a serious business, but it still faces technical challenges related to data sharing and trust. Blockchains could help with that, a new report published by the U.S. Department of Transportation (DOT) contends.
📨 #DeCenterDaily
🌍 The World Economic Forum (W.E.F.) believes blockchain-powered supply chain solutions can help reboot the global economy.
via Cointelegraph
🏞 Switzerland-based Crypto Valley seeks a US$103 million government bailout.
via Bitcoin[dot]com
🖥 Embattled cryptocurrency exchange Bitfinex has launched a social network for traders.
via Modern Consensus
💵 Cryptocurrency payments firm BitPay has added support for Binance’s BUSD stablecoin.
via Decrypt
😷 Major respirator producer 3M beat first-quarter sales and profit forecasts amid the coronavirus pandemic.
via ccn
🌍 The World Economic Forum (W.E.F.) believes blockchain-powered supply chain solutions can help reboot the global economy.
via Cointelegraph
🏞 Switzerland-based Crypto Valley seeks a US$103 million government bailout.
via Bitcoin[dot]com
🖥 Embattled cryptocurrency exchange Bitfinex has launched a social network for traders.
via Modern Consensus
💵 Cryptocurrency payments firm BitPay has added support for Binance’s BUSD stablecoin.
via Decrypt
😷 Major respirator producer 3M beat first-quarter sales and profit forecasts amid the coronavirus pandemic.
via ccn
Forwarded from Minter Network
Algocoins
As soon as within 30 days, algorithmic stablecoins—those that can be pegged to any asset out there—will go live on Minter 1. They will be backed by BIP reserves and therefore liquid across the entire network. You will be able to buy and sell any amount, with the prices recalculated once every minute.
Several teams are already working on implementation, ensuring stability against BTC, ETH, USD, RUB, and bonds of a large gas company. You should understand that the key difference between algorithmic and collateralized coins is that in terms of price, the algocoin is tied to the asset at a 1-to-1 ratio but, at the same time, is not backed by it. Thus, they are not considered financial instruments and require no regulation. Their only job is to be priced at the same level as the original and make operations convenient for the user.
The very “stability” argument is debatable as, for example, the U.S. dollar may be stable for Americans yet absolutely volatile for Europeans who need to make constant calculations and predictions. We prefer to call them algocoins.
Algocoins will be launched on the main network and initially managed by the off-chain stabilizers. With the introduction of MinterEVM, they will switch to decentralized and, what’s especially important, entirely transparent management mechanisms.
Speed of stabilization: every five seconds. We’ll be the first of our kind in the world!
As soon as within 30 days, algorithmic stablecoins—those that can be pegged to any asset out there—will go live on Minter 1. They will be backed by BIP reserves and therefore liquid across the entire network. You will be able to buy and sell any amount, with the prices recalculated once every minute.
Several teams are already working on implementation, ensuring stability against BTC, ETH, USD, RUB, and bonds of a large gas company. You should understand that the key difference between algorithmic and collateralized coins is that in terms of price, the algocoin is tied to the asset at a 1-to-1 ratio but, at the same time, is not backed by it. Thus, they are not considered financial instruments and require no regulation. Their only job is to be priced at the same level as the original and make operations convenient for the user.
The very “stability” argument is debatable as, for example, the U.S. dollar may be stable for Americans yet absolutely volatile for Europeans who need to make constant calculations and predictions. We prefer to call them algocoins.
Algocoins will be launched on the main network and initially managed by the off-chain stabilizers. With the introduction of MinterEVM, they will switch to decentralized and, what’s especially important, entirely transparent management mechanisms.
Speed of stabilization: every five seconds. We’ll be the first of our kind in the world!
U.K.-based payment service provider Checkout[dot]com has become the Libra Association’s most recent newcomer.
Find Out More »
Find Out More »
The Block
Payments processor Checkout.com joins Libra Association
Checkout.com, a London-based payments processing platform, has joined the Libra Association.
📨 #DeCenterDaily
💎 The Telegram Open Network operating system (TON OS) is rumored to soon appear on Play Market and App Store.
via Cointelegraph
🇨🇳 A district court in China has reportedly ruled that Ether (ETH) is legal property with economic value.
via Bitcoin[dot]com
💵 Tether has printed almost US$1 billion this month.
via Decrypt
⛓ The Chamber of Digital Commerce president believes that pandemic will accelerate blockchain adoption.
via Modern Consensus
💪 Supermajor oil stock BP (formerly known as British Petroleum) defended its dividend against the collapse in crude prices.
via ccn
💎 The Telegram Open Network operating system (TON OS) is rumored to soon appear on Play Market and App Store.
via Cointelegraph
🇨🇳 A district court in China has reportedly ruled that Ether (ETH) is legal property with economic value.
via Bitcoin[dot]com
💵 Tether has printed almost US$1 billion this month.
via Decrypt
⛓ The Chamber of Digital Commerce president believes that pandemic will accelerate blockchain adoption.
via Modern Consensus
💪 Supermajor oil stock BP (formerly known as British Petroleum) defended its dividend against the collapse in crude prices.
via ccn
Cryptocurrency infrastructure start-up Taurus has secured over €10 million in an Arab Bank-led Series A funding round.
Read More »
Read More »
CoinDesk
Digital Asset Firm Taurus Group Raises $10M in Series A Led By Arab Bank
Taurus Group SA is looking to expand its digital asset solutions after securing a €10 million Series A funding round led by Arab Bank (Switzerland).
📨 #DeCenterDaily
🇺🇸 The U.S. gross domestic product (GDP) fell 4.8% in the first quarter.
via ccn
🇲🇾 Crypto trading has surged in Malaysia amid an extended lockdown.
via Bitcoin[dot]com
📱 EOS developer Block[dot]One is helping build a coronavirus testing app.
via Decrypt
🇨🇭 CMTA has issued new common standards for digital asset custody.
via Cointelegraph
🗣 Chainalysis has answered Andreas Antonopoulos’s accusations.
via Modern Consensus
🇺🇸 The U.S. gross domestic product (GDP) fell 4.8% in the first quarter.
via ccn
🇲🇾 Crypto trading has surged in Malaysia amid an extended lockdown.
via Bitcoin[dot]com
📱 EOS developer Block[dot]One is helping build a coronavirus testing app.
via Decrypt
🇨🇭 CMTA has issued new common standards for digital asset custody.
via Cointelegraph
🗣 Chainalysis has answered Andreas Antonopoulos’s accusations.
via Modern Consensus
📨 #DeCenterDaily
📱 Samsung Pay has added support for cryptocurrency VISA cards issued by Swipe.
via Cointelegraph
💵 Andreessen Horowitz has raised US$515 million for its second crypto fund.
via Modern Consensus
🇯🇵 Japan’s new cryptocurrency regulation enters into force today.
via Bitcoin[dot]com
🔎 Privacy-oriented blockchain browser Brave has launched a widget for Binance.
via Decrypt
🇨🇳 Chinese province where the coronavirus pandemic originated has lowered its emergency response level.
via ccn
📱 Samsung Pay has added support for cryptocurrency VISA cards issued by Swipe.
via Cointelegraph
💵 Andreessen Horowitz has raised US$515 million for its second crypto fund.
via Modern Consensus
🇯🇵 Japan’s new cryptocurrency regulation enters into force today.
via Bitcoin[dot]com
🔎 Privacy-oriented blockchain browser Brave has launched a widget for Binance.
via Decrypt
🇨🇳 Chinese province where the coronavirus pandemic originated has lowered its emergency response level.
via ccn
Institutional cryptocurrency lending business Genesis Capital reported US$2 billion in loan originations for Q1 2020.
Find Out More »
Find Out More »
The Block
Genesis doubled new loan issuance to $2 billion in a record Q1
The lender processed $2 billion in loan originations in Q1 2020, and its active outstanding loan hit an all-time high of $1 billion before the equity market sell-off in mid-March. The lending desk did not see any default across its over 45 clients after the…
DeCenter supported Binance Super Meetup, which featured CZ and representatives of major blockchains. Some numbers:
– 2,350 people joined an exclusive members-only group in two days
– At one point, as many as 600 people were watching the live stream
– Almost 5,000 views (one of the top 10 videos on Binance’s YouTube channel)
– Once the stream ended, hundreds of people took a quiz that included broader questions about the market
The prizes are awarded in DEC—DeCenter’s coin issued on the Minter network. If you want to repeat such success, get in touch with @DCTeam.
Tools:
– Minter-powered coin and distribution products ($1,000 worth)
– Exclusive members-only Telegram group (free)
– YouTube live stream (free)
– Google Forms quiz (free)
#binance #decenter #minter
– 2,350 people joined an exclusive members-only group in two days
– At one point, as many as 600 people were watching the live stream
– Almost 5,000 views (one of the top 10 videos on Binance’s YouTube channel)
– Once the stream ended, hundreds of people took a quiz that included broader questions about the market
The prizes are awarded in DEC—DeCenter’s coin issued on the Minter network. If you want to repeat such success, get in touch with @DCTeam.
Tools:
– Minter-powered coin and distribution products ($1,000 worth)
– Exclusive members-only Telegram group (free)
– YouTube live stream (free)
– Google Forms quiz (free)
#binance #decenter #minter
📨 #DeCenterDaily
🧮 Major accountant Grant Thornton rolled out a new blockchain-powered solution for tracking intercompany transactions.
via Modern Consensus
🌏 CoinMarketCap revealed countries with the largest increase in the number of users.
via Bitcoin[dot]com
💪🏻 Blogging platform Ghost has successfully protected its servers from a cryptojacking attack.
via Cointelegraph
📉 Tesla’s shares dramatically dropped after Elon Musk said the company’s stock price was too high.
via Decrypt
🛬 Warren Buffett sold all of Berkshire’s airline stocks in April.
via ccn
🧮 Major accountant Grant Thornton rolled out a new blockchain-powered solution for tracking intercompany transactions.
via Modern Consensus
🌏 CoinMarketCap revealed countries with the largest increase in the number of users.
via Bitcoin[dot]com
💪🏻 Blogging platform Ghost has successfully protected its servers from a cryptojacking attack.
via Cointelegraph
📉 Tesla’s shares dramatically dropped after Elon Musk said the company’s stock price was too high.
via Decrypt
🛬 Warren Buffett sold all of Berkshire’s airline stocks in April.
via ccn