Daily News Digest Featured News

Monday April 1 2019, Weekly News Digest

cryptocurrency exchanges
Source: Coinspeaker.com

News Comments

United States

International

European Union

Asia

Other

News Summary

United States

You Think Bitcoin Is Better Than Visa? You May Be Wrong And Here’s Why (ZyCrypto), Rated: AAA

Bitcoin blockchain data shows that there is more to be done to reach the level Bitcoin fans expect. The data shows that the network only processed 88 million transactions worth $264 billion.

The average cost for these transactions is said to be $0.64 per transaction while Visa processed over 120 billion transactions worth $11.2 trillion at an average cost of $0.22 per transaction in 2018, according to the company’s annual report. This means Bitcoin transactions cost three times the cost of Visa transactions.

Bitwise Bitcoin ETF Decision set for May, BTC Prices Up 2.3 Percent (NewsBTC), Rated: AAA

It will be until mid-May when the US SEC decides on Bitwise Bitcoin ETF. Like the SolidX and VanEck application, this ETF is backed by Bitcoins secured by a third party custodian. Meanwhile, Bitcoin (BTC) prices are stable inside Mar-29 high-low as bulls build momentum towards $4,500.

Bitcoin
Source: NewsBTC

Bitcoin (BTC) Tepidly Advances Above 4,100 as Upwards Momentum Slows (NewsBTC), Rated: A

After rapidly surging to above $4,200 before plummeting back below $4,100 on Saturday, Bitcoin (BTC) has been able to incur some upwards momentum that has allowed it to tepidly move above $4,100.

Bitcoin Eyes The $ 4,400 Mark After Breaking Over A Major Hurdle (Smartereum), Rated: A

The value of Bitcoin gained enough momentum and surged over the $4,100 resistance level. Bitcoin (BTC) formed a new monthly high close to the $4,132 level before it consolidated later. BTC to USD plunged below the $4,080 mark but stayed over the 100 SMA. The digital currency also plunged below the 50 percent Fibonacci retracement level of the previous swing from the low of $3,995 to the high of $4,132. Nevertheless, the $4,040 support prevented further losses.

Latest Bitcoin Trends of 2019 (BTCWires), Rated: A

You surely have gone through our must read Bitcoin trading tips and now are preparing to jump into the world of Bitcoin trading with elan. However, before you start, it is essential to know some of the latest Bitcoin trends of 2019. Bitcoin, the cryptocurrency of the millennials, can hardly escape the ubiquitous tendency of generating cool new trends and practices. Today, we will take a look at the coolest ones that are expected to dominate this year.

Another US bank stops customers from purchasing Bitcoin (Chepicap), Rated: B

Another United States bank, the Regions Financial Corporation, made it abundantly clear that it no longer allows its customers to purchase cryptocurencies.

Wells Fargo CEO Resignation Could Be Surprisingly Bullish for Bitcoin (CCN), Rated: A

Tim Sloan is out as CEO of the beleaguered Wells Fargo. The news sparked curiosity and hope among crypto players that his replacement is more open to the space than Sloan.

8 experts on Bitcoin: these are the latest price predictions and opinions (Chepicap), Rated: A

Chepicap takes a look the most interesting price predictions and opinions on the future of BTC, with this week comments from Tim Draper, John McAfee, Arthur Hayes and 5 others. 

Ripple (XRP) Price Analysis: Further Gains Seem Likely (NewsBTC), Rated: AAA

This past week, we saw a solid upward move above the $0.3100 resistance in ripple price against the US Dollar. The XRP/USD pair even broke the $0.3150 resistance and settled well above the 100 hourly simple moving average. The price traded as high as $0.3168 and later it started a downside correction. Sellers pushed the price below the $0.3120 and $0.3100 levels. However, the price found a strong support near the $0.3070 level and the 100 hourly simple moving average.

A swing low was formed at $0.3070 and recently the price climbed higher once again. It broke the 23.6% Fib retracement level of the last decline from the $0.3168 high to $0.3070 low.

Ripple price
Source: NewsBTC

Ripple CEO And PayPal CEO Go Head-To-Head And TechCrunch Founder Is Pushing For XRP Adoption (Oracle Times), Rated: B

Ripple CEO Brad Garlinghouse and PayPal CEO Dan Schulman met at the Fintech Ideal Festival in San Francisco.

In other news, TechCrunch founder Michael Arrington is pushing mainstream trading platform Robinhood Crypto to add XRP.

What Americans Really Think About Cryptocurrency (ETF Trends), Rated: AAA

We found that Americans are pretty confused as to what cryptocurrency is and at the same time, they are ready to have some of it.  Over half of Americans (56%) report knowing a little or a lot about cryptocurrency, while just under half (44%) know nothing.  Men are more likely to report they know a lot about it in comparison to women (23% of men vs. 7% of women).

cryptocurrency
Source: ETF Trends

These CEOs All Work In Blockchain, Now They Want It To Become Invisible (Forbes), Rated: AAA

A few weeks ago, I had the pleasure to attend the Token2049 conference in Hong Kong. I was there to take a look at how some of our European centric fintech firms were expanding, but as I’ve reflected on some of my interviews from the conference, I’ve found there to be one over-arching theme.

In short, the CEOs of this new financial technology do not want users to know about blockchain, they just want them to go about their business while using it.

Up 100%: Litecoin Price Sets Q1 Performance Record (CoinDesk), Rated: AAA

Litecoin’s (LTC) price has doubled in the first three months of 2019 to register its best first-quarter performance on record.

The fourth-largest cryptocurrency by market capitalization is currently trading at $61, representing a 100 percent gain on January’s opening price of $30. It clocked a six-month high of $64.20 earlier this month, according to Bitfinex data.

Last year, prices had dropped 48.5, 30, 24.6 and 49 percent in each quarter, respectively. The four-quarter losing streak was the second largest on record and saw prices fall by 86 percent.

Litecoin

Litecoin (LTC) Price Analysis: Significant Bullish Breakout Looming (Ethereum World News), Rated: A

Litecoin price is currently consolidating above $60.00 and $59.00 supports against the US Dollar. LTC could surge higher if it clears the $62.20 and $62.50 resistance levels in the near term.

Litecoin
Source: Ethereum World News

Litecoin Hashrate on Track to Set New All-Time Highs (Be in Crypto), Rated: A

According to data from multiple sources, the total network hash rate currently sits at around 321 Th/s as of March 29, 2019. For reference, the previous all-time high value was recorded on May 24, 2018, at approximately 342 Th/s. While there have been no substantial developments to attribute this sudden rise to, many Litecoin proponents believe it is a foreshadowing of positive price movement.

How Will The Stellar Airdrop On Coinbase Affect The Stellar (XLM) Price? (The Oofy), Rated: A

Two days ago, the American cryptocurrency giant, Coinbase, announced that it would be giving away $100 million in XLM in an upcoming Stellar airdrop. Each person will have the chance to earn at least $50 in XLM. The goal of this stellar airdrop is to boost cryptocurrency education among its users and incentivize them for their loyalty. To participate in this stellar airdrop, simply having a Coinbase account isn’t sufficient.

Coinbase executive who revealed client data sale leaving firm for Fidelity (AMBCrypto), Rated: B

Coinbase, one of the leading cryptocurrency exchanges in the United States, was under the microscope of the entire cryptocurrency space when reports emerged that its providers were selling its customers’ data. This news resulted in the firm facing a severe backlash from the community, and importantly, it has failed to address this issue. According to recent reports, Christine Sandler, the Director of Institutional Sales, will be leaving the firm.

Riot Blockchain plans to launch a cryptocurrency exchange in Q2 2019 (The Block Crypto), Rated: A

Riot Blockchain is getting ready to launch of cryptocurrency exchange, according to its recent SEC filing. According to the filing, the exchange, dubbed RiotX, will provide a “stable and secure platform for the exchange of digital currencies.” RiotX will offer three primary services: (1) banking, (2) trading engine, and (3) a digital wallet. RiotX will initially be available for U.S. users and is anticipated to launch in the second quarter of 2019.

Indiegogo Has Quietly Exited Equity Crowdfunding (Crowdfund Insider), Rated: A

Indiegogo, the second largest rewards-based platform in the US, has quietly exited equity crowdfunding.

At their one year anniversary of equity crowdfunding, Indiegogo claimed that over $7.5 million had been raised by 30 different companies. Indiegogo proudly stated that more than 11,000 investments had been made with issuers raising, on average, $318,000.

4 Differences Between an ICO and a Penny Stock (Inc.), Rated: A

  1. An ICO Doesn’t Give You a Company

Penny stocks might be cheap but they’re still stocks.

  1. You Can Research the People Behind the ICO

One reason that a penny stock is such a high risk is that there’s often very little information about the company or the people behind it.

  1. You Can Research the Business Idea

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The white paper should also explain what the company is doing and how it plans to do it.

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  1. Coins Are Easier to Buy and Sell than Penny Stocks

Penny stocks are usually bought and sold through brokers. The markets are illiquid, the commissions are high and the process isn’t straightforward.

Brave Browser Users Could Earn Up to 70$ For Watching Ads (and over 200$ in 2020) (CryptoCrimson), Rated: A

In comments for Hacker News, Eich explained that he expected to be able to offer users the possibility of obtaining rewards for watching ads. The idea is to start at about $70 a year in 2019 and grow to $224 next year.He still holds this promise:

“I would not be surprised if our users can make $70/year as we bring the system up in 2019 — when ad deals will be harder to come by, and we’ll subsidize revenue from BAT’s User Growth Pool — and climb by 2020 to above .7 * 320 or $224 net user revenue per year.

Building Trust In The Trustless: Blockchain’s Best Asset Is Holding It Back (Forbes), Rated: A

By now, you’ve likely heard blockchain technology described as ‘trustless’. It’s repeatedly touted as one of the technology’s key benefits — and for good reason. The development of blockchain marks the first time it’s been possible to develop software that doesn’t require a trusted intermediary.

And yet, perhaps ironically, it’s trust, or mistrust and uncertainty, in the technology that’s holding back blockchain’s mainstream adoption. A lack of trust is cited as one of the main reasons new technologies, and blockchain specifically, are failing to take off.

Microsoft and T-Mobile Join Together to Form the Cascadia Blockchain Council for Startups (Be in Crypto), Rated: A

20 companies have come together to launch the Cascadia Blockchain Council, an organization that will promote investments in blockchain startups and give the community a unified voice.

Technology giants and blockchain entrepreneurs have banded together in the Pacific Northwest Area to create their own organization. Called the Cascadia Blockchain Council, the organization’s goal is to promote venture-capital investment in the blockchain space. It also hopes to make the Pacific Northwest Area a hub for blockchain innovators and investors in the short-term future.

Lumi and MinerGate Join Forces on New Projects (AMBCrypto), Rated: B

MinerGate, a well-established mining pool, has recently decided to extend its product portfolio. The company set sight on EOS blockchain, aiming at contributing to its ecosystem, and help EOS-based DApps to pick up their steam.

We tried to gain insight on why did MinerGate choose Lumi as their partner wallet and what plans both projects have on each other after speaking with Claude Lecomte, CEO of MinerGate, and Diana Furman, CEO of Lumi.

International

Bitcoin Rallies As EOS Crushes Crypto Market (Crypto Briefing), Rated: AAA

Markets are green again, with many leading cryptocurrencies showing double-digit growth. What appears to be an EOS-led movement is putting life back into the market, and some investors are optimistic for a new ‘alt-season.’

Almost all of the top hundred cryptocurrencies are making gains. EOS has risen the most, having hopped up from $3.70 to 4.14% since 23:00 GMT last night. It has now pushed past its 200-day moving average, a bullish sign.

EOS
Source: CryptoCompare

Blockchain And Cryptocurrency Securing the Facets of Freelancing Community (Hacker Noon), Rated: AAA

But there was a catch, as the freelancer community grew, the number of firms to act as a platform grew as well. Upwork, Freelancer, Toptal, and several others sprouted out as a medium to let freelancers communicate with the people who needed the job done.

The only drawback? It wasn’t as simple as it seemed. The portals charged a whopping commission from the freelancers that went up to 40 percent in some cases. The story doesn’t end here, they had to impart a short percentage of their income to a middleman or the payment gateway as well. The option was sour but it was the only option.

cryptocurrency exchanges
Source: Coinspeaker.com

Ripple and xRapid Praised by the World Bank in Recent Article (Ethereum World News), Rated: A

The global remittances business reached about 642 billion dollars in 2018. In certain countries such as Nepal and Haiti, it even accounts for about a third of gross domestic product. The need to improve this service is a major issue.

On the 26th of March 2019, the World Bank published an article praising blockchain technologies and stressing that DLTs have the potential to positively impact the lives of millions of individuals, specially in countries with little economic development.

Gmail Users Can Now Send and Receive XRP via Google Chrome (Smartereum), Rated: A

The latest XRP news in the space is that Gmail users can now send and receive XRP (XRP) via Google Chrome. This is made possible via a new Google Chrome Extension. SchlaubiD – an independent XRP (XRP) developer – is the creators of the new extension for the web browser.

Check out “The Periodic Table of Cryptocurrencies” (Chepicap), Rated: A

periodic table of cryptocurrencies
Source: @TheCryptoTimes on Twitter

MyEtherWallet launches an open-source blockchain explorer to promote innovation (The Block Crypto), Rated: A

MyEtherWallet is launching an open-source blockchain explorer, the company has announced in a press release. EthVM Alpha will allow for easy navigation; it will help new users understand the Ethereum network by granting users complete transparency. It will provide them with access to blockchain data like balances, transactions, and smart contracts.https://blockchaintimes.news/?p=12423&preview=true#heading-12https://blockchaintimes.news/?p=12423&preview=true#heading-12

Move Funds When An Exchange Show These Bad Signs (Ethereum World News), Rated: A

A study from Statis Group an ICO advisory company reveals that 80 percent of all 2017 initial coin offering were scams. Of the over $11.9 billion floated in that year in tokens and coins, a massive $1.34 billion of it, was lost.

The scam of the year was Pincoin’s, getting away with $660 million digital assets, followed by Arisebank with $600 million. The comfort here though is that this massive number of scams received only 11 percent of the funds directed to ICOs.

Add cryptocurrency micropayments to Skype (XRP and others) (UserVoice), Rated: A

Dear Skype, The age of MicroPayments has come and we need your support. The era of Internet of Value is kocniking at the door. My idea is to implement micropayments in Skype. Allow us to buy SkypeCredits with XRpTipBot , allow us to send micro payments on Skype chat as well.

Please have a look at http://xrptipbot.com/ and its open API https://www.xrptipbot.com/app/api-specwhich is pretty easy to implement.

Want To Work In Blockchain? Pwc Has Just Been Named Top Recruiter, Followed by Big 4 Auditing Firms (Bitcoin Exchange Guide), Rated: A

PricewaterhouseCoopers (PwC) is a Big Four auditing firm, which has established itself in the blockchain industry pretty firmly. According to a search on Indeed, the firm happens to be the top recruiter for jobs in this field right now, with 40 blockchain job opportunities at press time.

Accenture has listed 11 jobs in global management, consulting, and professional services. Accenture, however, already has implemented the distributed ledger technology, launching their own DLT platform in November.

Become a blockchain expert with this $ 30 training (engadget), Rated: B

If you’re looking to add this skill to your repertoire and cash in on a six-figure salary, the Blockchain Certification Advanced Training Bundle is a solid starting point, and it’s on sale for only $29.

European Union

Ethereum May Surge 35% to $ 200 in Near-Term; What Will Fuel It? (CCN), Rated: AAA

Throughout the past month, the price of Ethereum (ETH) increased from $126 to $140, by more than 11 percent against the U.S. dollar.

Ethereum
Source: CoinMarketCap

According to a cryptocurrency technical trader recognized by the community as “The Crypto Dog,” the price of Ethereum could surpass $200 if it breaks out of $148 and continues to demonstrate momentum in the weeks to come.

ethereum crypto dog
Source: @TheCryptoDog on Twitter

ETH To $ 2,090? – Analyst Predicts Ethereum Breakout On April 24, 2019 (Invest in Blockchain), Rated: A

An analyst who goes by the pseudonym of “ScienceGuy9489” on Twitter has recently come out with a series of predictions for cryptocurrencies moving forward in 2019. In the series of predictions he had estimated that BTC would hit $28,000, LTC would hit $650, and Ripple would hit $4.

He had also made a prediction price for Ethereum in which he estimated that it has the potential to reach a high of $2,090. He had calculated this figure by taking the support at $80 from the 2018 high at $1,420 ($1420 – $80 = $1340). He went on to divide the result by 2 and then added this figure to the 2018 high to reach $2,090.

ETH Ethereum
Source: @ScienceGuy9469 on Twitter

The First Ethereum PoS Testnet is Now Live! (CryptoCrimson), Rated: A

One fruit of the efforts of the Etherum developers is that one group was able to launch the first version of Nimbus; a Proof of Stake testnet as the first real step towards effectively implementing Ethereum 2.0.

Core Developer Says Ethereum Governance Has Failed (ZyCrypto), Rated: B

In a post on Twitter, Rettig said:

“…the challenges we face today are increasingly non-technical. Core devs don’t want to make these decisions because they feel unqualified, fear legal liability, are conflict avoidant, and prefer just to write code.”

Rettig suggests that Ethereum should stop running a decentralized network and go for a centralized, more transparent and accountable governance system as well as embrace capture by the elite for now because the Ethereum network may be running and blocks still being produced but the project is stuck.

Binance Coin Price Surpasses $ 17 Again Without Much Resistance (The Merkle), Rated: A

Now that most of the bearish pressure has disappeared again, most of the cryptocurrency markets have begun noting small to medium-sized gains. While there is still a long way to go in this regard, it would appear the Binance Coin price is trying to move up swiftly. After successfully surpassing $17, the sky seems to be the limit.

Binance Coin BNB Price Prediction – BNB Up 300% in 2019 (Use the Bitcoin), Rated: A

Recently the market cap for Binance Coin (BNB) managed to surpass Ethereum Classic, NEO and a host of other crypto coins to become the 8th largest cryptocurrency by market cap. It’s something that had the Binance team excited, and they took to Twitter to thank their community and angels for the support. The jump was inspired by several positive developments around Binance and the coin, sending BNB prices upward and stabilizing.

This Company Is Using Blockchain Technology to Eradicate Slavery In The Chocolate Industry (Forbes), Rated: AAA

Next time you unwrap a candy bar, consider this: an estimated 2.3 million children work in the cocoa fields of Ghana and Côte d’Ivoire. A number of major chocolate companies such as Nestlé, Mars and Hershey are a part of this problem and moreover, have acknowledged their usage of child slavery in their chocolate production. Despite this fact, many of these big league chocolate companies have yet to take meaningful action against the practice.

On the other side of the spectrum, Amsterdam-based chocolate company Tony’s Chocolonely wants to change the entire industry, one chocolate bar at a time. Their objective? To make chocolate 100% slave free, not only their own, but chocolate worldwide. The company has been fighting modern slavery within the chocolate industry for the past 13 years.

Crypto Exchange Launches BTC Lightning Network Payments (The Daily HODL), Rated: A

Malta-based Zebpay is the first cryptocurrency exchange to launch Bitcoin Lightning Network integration. Customers will now be able to use Bitcoin balances on their Zebpay wallet to make instant payments for in-store transactions.

Ripple-Backed Startup Reveals New XRP Payments App (The Daily HODL), Rated: A

The Ripple-backed startup XRPL Labs is developing a new payments app designed to give store owners an easy way to accept XRP.

A prototype of the point-of-sale (PoS) system is up and running, and will be tested at an upcoming meetup in The Netherlands. The app is tentatively titled XRPay, although the name will likely change to avoid confusion with a competing platform with the same name.

IOTA Can be the Biggest Factor to End Crypto Winter (CryptoNewsZ), Rated: A

IOTA (MIOTA) is ranked 15 on the cryptocurrency market with an ROI of negative 51.59 %. Both the circulating limit and the coin circulation are at 2,779,530,283. The year started with a market cap of 991,552,332 USD. The current value of market cap on 01-04-2019 at 03:00 UTC is 858,350,818 USD. The value of each coin and with respect to BTC stands at 0.308811 USD and 0.00007499 BTC at the same UTC. The 24h volume remains at 11,477,786 USD.

IOTA
Source: CoinMarketCap

Certified listings on blockchain could help authenticate works of art, according to Swiss start-up (South China Morning Post), Rated: A

Certified listings could help bust fakes and determine market value, says founder of Arteïa.

Company hoping to raise US$15 million through ICO for its provenance tracker.

Quedex Poised to Become the First Regulated Crypto-Centric Futures and Options Exchange (The Fintech Times), Rated: A

The Gibraltar Financial Services Commission (GFSC) has made an in-principle decision to issue a Distributed Ledger Technology (DLT) licence to Quedex. An in-principle decision is the final stage of the licence authorisation process, where Quedex needs to satisfy the GFSC with respect to one or more conditions before obtaining a licence. The licence that would follow at the end of this process would make Quedex the first regulated crypto-centric futures and options exchange in the world.

Are ICOs a Worthy Option for Startups in Central and Eastern Europe? (Entrepreneur), Rated: A

Financing can be a tricky issue for startups to solve. ICOs have emerged in recent years as an alternative means of financing especially in the CEE region, claiming 20 percent of all international ICOs in 2017. Are they a worthy option for CEE startups?

Spanish regulators: not a single ICO has been approved (Our Bitcoin News), Rated: A

Spain’s securities regulator, the Comision Nacional Del Mercado de Valores, launched a clarifying statement concerning ICO approval, to which none have approved to date. The regulator says this issued the statement because of fake media information related to approvals.

United Kingdom

Litecoin Added as Nexo’s Newest Crypto Collateral Option (Finance Magnates), Rated: AAA

Cryptocurrency-backed loan platform Nexo has announced the addition of Litecoin as the latest collateral option for its instant credit lines, according to an email that the company sent to its users on Friday. The announcement was made public with a Medium post made on Saturday, March 29th.

CEDEX Secures $ 50 Million Worth Of Diamonds For Exchange-Traded Fund (EFT) (The Tokenist), Rated: A

CEDEX is a blockchain-based trading platform. As of March 28th 2019, they have secured more than $50 million worth of diamonds, and plan to incorporate blockchain technology with machine learning to turn diamonds into a tradable asset class.

China/Hong Kong

ICO & STO For Rich Investors With At Least $ 1M In Portfolio – The Regulation Crypto Really Needs? (Invest in Blockchain), Rated: A

Recently, China’s Beijing Finance Industry Association released a notice saying that all individuals and banks must stop engaging in ICO and STO activities, among other things that “encouraged speculation.”

Termed “solicited illegal financial activities”, the notice released by the group revealed a strict view of fundraising mechanisms, specifically labeling them as means of “illegal public financing.”

Australia/New Zealand

$ 4.2 Million of Cryptopia’s Ethereum (ETH) Moved as Prices Stagnate (NewsBTC), Rated: AAA

$4.2 million worth of Ethereum (ETH) from Cryptopia is now at an unknown address after Jan hack. At the same time, Ethereum prices are up but struggling to break above $150 and $170.

Ethereum
Source: NewsBTC

It’s becoming easier to buy Bitcoin in Australia (Coin Rivet), Rated: A

Binance Lite Australia is a cash-to-Bitcoin brokerage service where users can purchase Bitcoin by depositing cash at one of a network of 1,300+ supported vendors across Australia.

Asia

Bithumb Hack: $ 20M Stolen In EOS (EOS) And Ripple (XRP) – An Inside Job? (Invest in Blockchain), Rated: AAA

Major news is breaking out of South Korea as one of its largest exchanges, Bithumb, has been hacked for $20 million. Fortunately, the company has said that users’ funds were stored in cold wallets, and as such remain safe, and it is only the company’s funds that have been transferred.

Japan’s Biggest Railway Company Is Looking to Accept Cryptocurrency Payments (CryptoGlobe), Rated: A

Japan’s biggest railway and subway operator, the Japan Railways Group (JR Group), is reportedly looking to add cryptocurrency payment options for its users, in a move that could see millions of Japanese individuals use cryptos to pay for transportation.

Monero Surges in an Attempt to Reach $ 60  (Be in Crypto), Rated: A

On Mar 11, the price made a low of $48.90. A gradual uptrend brought prices to a high of $56.08 on Mar 16.

A downtrend with significant volatility brought XMR to lows near $50 on Mar 26.

Subsequently, a gradual uptrend preceded a rapid price spike. At the time of writing on Mar 31, a high $57.53 was reached:

Monero
Source: Be in Crypto

The World’s First Blockchain Lifestyle Festival Debuts in Singapore on April 18 and 19 (CoinTelegraph), Rated: A

The world’s first part-conference, part-experiential blockchain festival will be held in Singapore’s Marina Bay Sands Convention Centre Hall A on April 18 and 19, 2019. With renowned names such as DASH, bitcoin.com, Digifinex, BlockON Group, on board as sponsors and partners, Block Live Asia is set to give attendees a whole new experience into the blockchain space.

Unlike typical blockchain conferences which are ticketed at high prices and catered towards blockchain professionals, this two-day festival is open to the public with free entry for those who register online before April 15, 2019.

Binance Conducts Fourth India Meetup in Bangalore (Crypto-News), Rated: A

On Saturday, two of the biggest cryptocurrency communities with a huge Indian base, held two meetups to demonstrate how important it was to speedup the regulations in India. Binance India and Blockchained India organized two meetups in Bangalore to talk about a myriad of topics and issues that affects the Indian community.

Pakistan Plans New Digital Currency Regulations Following FAFTA’s Urging (CoinTelegraph), Rated: B

Pakistan is implementing new cryptocurrency regulations in an effort to improve its track record fighting financial crime, English-language Pakistani news outlet The Express Tribune reported on April 1.

Eurasia

UNICEF Uses Blockchain Technology to Provide Internet to Every School in Kyrgyzstan (CryptoNewsZ), Rated: AAA

However, there are several novel uses of the technology, too, which seem to be identified by the UNICEF, and one of these is to provide Internet to schools of lesser developed regions. The organisation is currently in talks with the government of Kyrgyzstan to implement blockchain technology for providing Internet to every school in the Central Asian country, under the Project Connect initiative.

Social Media Giant VK Could Launch a New Cryptocurrency to the Market (Use the Bitcoin), Rated: A

The popular Russian social media platform VKontakte (VK) could be developing its own digital currency. The information was released by the local news outlet RNS a few days ago.

Canada

Police Freeze Bank Accounts, Seize Luxury Cars in Probe of Million ICO Promoter Vanbex (CoinDesk), Rated: AAA

Canadian police have frozen assets owned by the founders of blockchain services company Vanbex, as part of a fraud investigation into a 2017 initial coin offering (ICO) that raised $22 million.

According to court documents dated March 13, the company, led by Kevin Hobbs and Lisa Cheng, raised $30 million CAD (about $22 million) worth of fiat and cryptocurrency through the sale of a token called FUEL.

Caribbean

Voting Process on EOS (Steemit), Rated: A

There are only 21 block producers and everyone in the EOS community knows who these people/companies are. The transparency allows making sure that 21 nodes are controlled by different actors, and such thing as one party controlling over 50% of nodes is barely possible.

In order to vote the EOS community members are staking the EOS tokens. The more staked coins = the more votes. The voters are required to stake their coins for three days. More than that each voter is voting for 30 candidates simultaneously (the list of candidates is much wider). For instance, if you have 500 EOS tokens you choose 30 candidates to vote for, and each of them receives 500 votes from you. The 21 candidates with the highest approval level get elected, the rest candidates that have fewer votes become the backup block producers.

Latin America

Petro and Venezuela: The origin of a cryptocurrency that was supposed to save the country (AMBCrypto), Rated: AAA

Episodes of wars and conflict have long been tools by which empires have risen and fallen. With the onset of the new age and the Industrial Revolution, a key component of what makes the world tick was revealed – money, or more specifically, the value of money. The importance of this essential cog was first revealed back in 1929 with the Great Depression, which destroyed communities and livelihoods, leaving millions unemployed and even more out on the streets.

In the ninety years since, some countries have witnessed scenarios being replicated to the point of crushing economic debt and hyperinflation that could statistically not be calculated [Eg. Zimbabwe]. Out of all those countries, one nation stands out as the victim of one of the world’s most brutal economic downfalls since the Great Depression: Venezuela.

Authors:

George Popescu
George Popescu
Allen Taylor
Allen Taylor

About the author

Allen Taylor

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