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Showing posts from 2019

Crypto Market Ads presents the crypto marketing and advertising marketplace

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Crypto Market Ads offers a working platform and multiple marketing options Crypto Market Ads introduces a new marketplace that solves all advertising and marketing needs; focused on Crypto & Blockchain market niches. The typical difficulties and problems are eliminated in a flash, connecting publishers and advertisers in the industry on a platform designed to fit the needs. By participating free of charge, the market environment allows publishers to engage in fairly and successfully competing, allowing them to maintain competitive prices. It leads to the discovery of costs that are as low as affordable and attractive to advertisers. The crypto advertising and marketing industry have expanded over the last two years. Compared to ... Read more about " Crypto Market Ads presents the crypto marketing and advertising marketplace " on coinatory.com

Crypto-laundering – Not a Washing Machine. Yet

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Despite all the perception that crypto-atheists, naysayers and some movie-makers have, and spur, about crypto technology being a laundering nightmare, the truth is still tucked well inside some grey pile somewhere. So the movie is out. People in the crypto community have run out of eggs and tomatoes. People who are still catching up on what the word even means are trying to make up their minds. But despite all the polarizing reactions the Kurt Russell starrer ‘Crypto’ minted, its plot (that was all about the use of cryptocurrencies by a clandestine network for primarily laundering money) should make us think about the big issue in a way that is neither black or white, neither blue nor pink – which is, by neither dissing crypt ... Read more about " Crypto-laundering – Not a Washing Machine. Yet " on coinatory.com

BSV- Not End of Game. Starting a War

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Heroes can indulge in trifling beer-bar fights. Super-heroes can’t. There is no time. There is a new tussle between Ayres and Wrights of the crypto world that has shaken up the industry yet again from a cosy slumber. Thanks to an alien force that is as intriguing and important to the plot as a Hodlonaut. There are collateral damages in the form of Bitcoin SV (BSV) delisted from Binance and then a supposed replay for Bitcoin Cash (delisting expected in June 2019) by Japanese player SBI Holdings. There is Kraken, ShapeShift and lots of other players meanwhile taking sides in their chosen armies. The only twist in the plot however - Is Thor really avenging Heimdall? Is Doctor Strange going to re-integrate by some stroke of future? W ... Read more about " BSV- Not End of Game. Starting a War " on coinatory.com

Nuvo is Building a Blockchain-Based Decentralized Communications Ecosystem for Africa and Beyond

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It comes as a surprise to most people that the network we know as the “world-wide web” is in many ways not world-wide at all. For instance, platforms such as YouTube, Facebook, and Instagram have long been banned in the People’s Republic of China1 - which was followed by a ban of WhatsApp in 20172. Another example is general access to the Internet in Eritrea, where less than 1.18% of the population of over 4.4 million people uses the Internet3. More shockingly, a 2016 study by Cambridge University revealed that more than sixty countries engage in some form of state-sponsored censorship of the Internet4. With several forms of social advances relying on unencumbered access to the Internet, many parts of the world are being left in the dark ... Read more about " Nuvo is Building a Blockchain-Based Decentralized Communications Ecosystem for Africa and Beyond " on coinatory.com

Belarus: a place for mining granted by the President

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During the meeting with the representatives of the IT-sector on April 12 in the High-Tech Park, the President of Belarus, Alexander Lukashenko said: Wait, we will launch a nuclear power plant, (there will be) a surplus of electricity … I left the place there. We will build farms and mine these bitcoins and sell them. Moreover, they say, if you have bitcoin, it"s not a problem to sell it. The first power block of Belarusian Nuclear Power Plant (BelNPP) is planned to be launched in December 2019, the second - in summer 2020. The country became attractive to IT-sector and cryptocurrency and blockchain-related business for over a year by now. Decree No.8 dated December 21, 2017 "On Digital Economy Development" was signed by the P ... Read more about " Belarus: a place for mining granted by the President " on coinatory.com

What if China bans bitcoin mining?

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The National Development and Reform Commission of China (NDRC) wants to ban bitcoin mining. The corresponding document appeared on the website of the organization. How will it possibly influence bitcoin? Well, let"s figure out what possible outcome this decision might give to bitcoin network - this will reduce the hashpower of the network, blocks will be harder to be confirmed, it will take longer to calculate one block. This situation might look as a disaster, considering the fact that by some calculations, up to 60% of the hashpower of the entire network is currently located in China. According to the logic of an average human-being, we imagine a huge factory with some production lines that are constantly printing bitcoins as the ... Read more about " What if China bans bitcoin mining? " on coinatory.com

How to get over your Ex

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Pick a paper, note down their good things, then the not-so-good things and well, move on. One entails a deeper commitment. The other has lesser stakes. One involves more members of the family. The other never flashes ‘complicated’ in the relationship status. One takes time to marinate. The other one is easy to carry-on. One takes intestinal fortitude and is not so easy to replace. The other is faster and simpler but also easy to swap. One needs maturity. The other accommodates novices. Caught you? You almost thought we were talking about marriage vs. live-in. No? You were actually thinking of slow-cooked rice in a Moroccan Tagine vs. a ready-to-eat pack tossed in a microwave? Well, same difference. We are trying to compare DEX (De ... Read more about " How to get over your Ex " on coinatory.com

The long-awaited... blockchain fridge

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I"m not sure that this is exactly the thing that everyone was waiting for, nevertheless, Bosch has teamed up with Austrian energy supplier Wien Energie to create a refrigerator that records where the energy comes from. Blockchain technology was used to serve this purpose. The company noted that when using the refrigerator, you can choose the source of energy and install it through a special application. It is noted that the refrigerator automatically sends micropayments for every kilowatt per hour of electricity consumed. Peter Gönitzer, CEO of Wien Energie, said: “The blockchain infrastructure should enable new business models in the energy market. For example, an e-charging station could then use a computer protocol on the bl ... Read more about " The long-awaited... blockchain fridge " on coinatory.com

Flyp.me accountless exchanger adds Cardano (ADA) to growing list of cryptocurrencies

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Flyp.me, the instant accountless exchanger, has just listed Cardano (ADA) bringing the total number of available coins and tokens to 32. This move provides users with instant access to Cardano, just using their preferred wallet while maintaining control over their private keys. First launched in 2017, the Flyp.me accountless exchanger is built by a veteran team developing on bitcoin since 2012. It focuses on privacy, simplicity and speed to provide anyone with instant and seamless exchanges. Flyp.me doesn’t require any registration, email nor account. Users are always in control of their privacy and private keys. It is as simple as sending a transaction from your wallet. Cardano is a great addition to the cryptocurrencies and t ... Read more about " Flyp.me accountless exchanger adds Cardano (ADA) to growing list of cryptocurrencies " on coinatory.com

To the moon or not?

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We have the opinion of the trader. The famous trader Peter Brandt came to the conclusion that bitcoin repeats the same patterns on the chart as in 2015, after which its price increased about 100 times. https://twitter.com/PeterLBrandt/status/1114150288007421952 We can see a great future for the main cryptocurrency on the graph. Oh, how all of us want this to actually happen! But will it? The latest spike to $5,000 is just another blip as cryptocurrencies stumble toward maturity. Leonid Bershidsky said, the Bloomberg Opinion"s Europe columnist. He was the founding editor of the Russian business daily Vedomosti and founded the opinion website Slon.ru. What if, he"s wrong? What if, another squelcher article by the ... Read more about " To the moon or not? " on coinatory.com

Blockchain – Cue for a SWIFT-er world

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Even Erno Rubik would feel like Edward Scissorhands here. In the global-payments space Putting everything on its right axis – speed, precision, real-time nuances, user-friendliness, global ease, reliability, availability and unrelenting security on top of all this – yes, easier said than done. In the matrix of cross-border payments, some cube always gets left out. It never adds up – everything together. That’s the gap that is putting names like IBM, Stellar and even Russia government in the same breath as SWIFT. SWIFT or the Society for Worldwide Interbank Financial Telecommunication - The banking cooperative’s services tracing as far back as 40 years ago that spread to around 200 countries by ironing out kinks in payments. Y ... Read more about " Blockchain – Cue for a SWIFT-er world " on coinatory.com

Malvertising

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Advertising and Mining: Oil and water? Beer and Milk? From clever brains to wicked skulls, from new-age Salons to dark alleys of malvertisers; many have tried to mix these two ingredients for more revenues. The right cocktail has still not come about though. Neither cryptocurrency is egg yolk, nor a digital ad cottage cheese; but somehow these two end up turning into a ‘Cement Mixer’ or ‘Motor Oil’ when shaken together. There has to be some safe spot in this spectrum between a sticky mass and a black mess. Well, a lot of shots have been taken at that. And yet, we are staring blankly at a table that has set the same concoction of confusion again. On one side are announcements of mining services (and banner-ad alternatives) lik ... Read more about " Malvertising " on coinatory.com

Dead Mavrodi keeps scamming

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A year ago, Sergey Mavrodi had a closed casket funeral. But it seems that even death hadn"t stopped him. This person is so widely-known for his implementation of the Ponzi scheme in Russia back in 90s, that scammers still use his name. They say, we shouldn"t be caught with speaking ill against the dead, but this person is so controversial that "he" is still involving people to "his" dirty financial games. The truth is, modern technologies allow to synthesize voice and create a full-fledged video clip with a virtual character. This is the only reason, why over the past few months, there was a series of video messages been published from a person who looks very similar to Mavrodi. He proposes to invest in projects, promising profits ... Read more about " Dead Mavrodi keeps scamming " on coinatory.com

Bitmain IPO canceled

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On Tuesday, March 26, 2019, Bitmain IPO application on the Hong Kong Stock Exchange expired. The Chinese bitcoin mining giant filed an application on September 26, 2018, and the Hong Kong Stock Exchange had six months to review. The inaction of the exchange means that the order has been cancelled. In its blog, Bitmain writes: We do recognize that despite the huge potential of the cryptocurrency and blockchain industry, it remains a relatively young industry which is proving its value. We hope regulatory authorities, media, and the general public can be more inclusive to this young industry. We will restart the listing application work at an appropriate time in the future. Further, Bitmain says that the IPO preparation process ... Read more about " Bitmain IPO canceled " on coinatory.com

Verasity’s VRA token increases 300% because of its Product and Sales Strategy

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There are millions of publishers competing with YouTube and Facebook for views. Since most can’t compete, they add the YouTube player on their site and hope for the best. The best is not much. YouTube and Facebook provide a pittance of revenue in exchange for those views and therefore publishers are dying like flies. Simply building a video sharing platform is not a solution because no matter how good the platform, who is going to bother to move off YouTube to watch a bit of content when they have a whole world of content on YouTube. Do any kids under 18 watch anything other than YouTube? Only their favorites like Walking Dead and Game of Thrones if they can’t torrent it. What is a publisher to do in a face off against these mon ... Read more about " Verasity’s VRA token increases 300% because of its Product and Sales Strategy " on coinatory.com

2019: A Happy - and New - Year for crypto-conmen and thieves so far

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The bubbly is unmistakably all around as experts and security -industry players take stock of new crypto-threats and malware attacks gaining steam and ground. Count the bottles of champagne popped and you would know. Get up and brush the dust away from last year’s attacks. If 2018 was abuzz with cryptocurrency wallets, Salty Spider malware trapping cryptocurrency users (specially Electrum BTC Wallets), BTC ransomware payment demands and crypto-jacking, 2019 is showing starker and stronger intersections between the orbits of cyber threats and cryptocurrency.  As always, the devil lurks in the fine print. But let us skim through the bigger fonts first. They will jump us through the hoops faster. Strap yourself for words like m ... Read more about " 2019: A Happy - and New - Year for crypto-conmen and thieves so far " on coinatory.com

Bitmain unveiled new Antminer for Zcash

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Bitmain company introduced the new Antminer Z11, the main feature of which is the ability to mine Zcash three times faster than in the normal version of the device. Also, the model consumes almost one and a half times less electricity. https://twitter.com/Antminer_main/status/1107885558292860928 The model is based on the Equihash algorithm, which provides more than 135 thousand calculations per second. With a weight of 5.4 kilograms, the device is easily transported, as it is enclosed in a convenient case. Also, the developers have created a convenient and functional interface for it, which means that the device can be quickly reconnected. Antminer s9 presented in October last year. Its main feature was the built-in algorithm ... Read more about " Bitmain unveiled new Antminer for Zcash " on coinatory.com

Craig Wright has filed 155 patent applications in the field of blockchain and cryptocurrency since August 2017

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The branded "patent troll" Craig Wright has already filed 155 applications for patents in the field of blockchain and cryptocurrency. Australian engineer and entrepreneur Craig Wright, who repeatedly presented himself as Bitcoin"s anonymous creator Satoshi Nakamoto, filed 155 patent applications in two years, according to The Next Web (TNW). TNW notes that since August 2017, the World Intellectual Property Organization (WIPO) has published more than a hundred patent applications filed by Wright. WIPO publishes patent applications to notify the public of the presence of potential new technical solutions in a particular industry. Wright will receive ownership of the objects of patenting only if the applications are approved by ... Read more about " Craig Wright has filed 155 patent applications in the field of blockchain and cryptocurrency since August 2017 " on coinatory.com

Dash will help feed the children of Venezuela

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The Dash project team announced the launch of a charity program to create a transparent system for the distribution of raised funds. This is reported on the official website of the project. Donations will be accepted using the Dash Text service, which allows you to transfer cryptocurrency via SMS. Relevant information appeared on the project website. This program will be launched in Venezuela. Its residents suffer from hyperinflation and the economic crisis, as a result of which many families are not able to provide themselves with food. Working through Dash Text will allow you to transfer funds to people who have simple “push-button” phones at their disposal. The first object of assistance in the launch of the pilot version of t ... Read more about " Dash will help feed the children of Venezuela " on coinatory.com

What is Tether doing now?

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The company behind the USDT, in fact, recognizes that it conducts banking operations with partial coverage, and possibly issues money backed up by liquidated or falling assets. Tether again deals with its fraud. Very quietly, without trying to draw attention to this, the company changed part of the text on its website. Instead of stating that each USDT token is supported by dollar reserves in a 1: 1 ratio, a moment that has always been in doubt, because they did not allow for proper testing — now Tether writes on their official website: Every tether is always 100% backed by our reserves, which include traditional currency and cash equivalents and, from time to time, may include other assets and receivables from loans made by T ... Read more about " What is Tether doing now? " on coinatory.com

Monero: Not THE Earliest Bird, and still getting the worm

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Why using open-source and GPU approaches is making Monero a smart second-mover in cryptocurrency forest? The First One gets the Oyster. The Second One gets the Shell. ORPioneers get Arrows. Settlers get the Land. Yes, like everything in life there are two ways to look at anything. Being the first one in any space endows that brave soldier with a quiver of advantages and that much-craved thing called eponymous-brand-weight. Bitcoin is synonymous to cryptocurrency for the average layman. That counts. But it can also mean a lot of arrows on the first person’s body. Bitcoin did not change the way we think about money and speed of transactions. It capsized it. It came as a seismic force that totally, and unrecognizably, upended ... Read more about " Monero: Not THE Earliest Bird, and still getting the worm " on coinatory.com

CRYPTO: with Kurt Russell!

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A new movie, starring Kurt Russel is coming out soon. What is it about? A young agent is tasked with investigating a tangled web of corruption and fraud in New York. This doesn"t sound like a good plot for the movie about cryptocurrency. Corruption and fraud, in fact, is like a plague for the crypto world, so the movie won"t show cryptocurrency form the shiny point of view. Oh, just watch the trailer: https://youtu.be/kYZut3DWvek As you can see, the "CRYPTO" movie won"t probably be the worst, but it can turn out to be amazingly bad, it has all the ingredients for that. Ingredients First of all, it is the criminal drama-thriller - not the best way to show people all the good things that cryptocurrency can bring to our ... Read more about " CRYPTO: with Kurt Russell! " on coinatory.com

Crypto-fiat criminals of Canada

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It seems that cryptocurrencies are still not ready for common daily transactions. The huge problem arises when cryptos are turned into fiat with the help of Bitcoin ATMs that were initially meant for the routine tasks. Calgary (Canada) Police call on residents to assist in finding four men suspected of stealing money from Bitcoin ATMs. All these terminals are serviced by one company. The company is not named in the interests of the investigation. The Calgary Police Department Press Center reported that the criminals committed 112 fraudulent transactions in seven cities - Toronto, Ottawa, Winnipeg, Montreal, Calgary and Sherwood Park. 51 transactions were carried out in Calgary, which is why local investigators began ... Read more about " Crypto-fiat criminals of Canada " on coinatory.com

The Aerum ecosystem, a market-oriented hub

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The Aerum ecosystem offers a decentralized hub The Aerum ecosystem is presented to the crypto sector with a platform for the disruption of the sector. In itself, it resembles the increasingly common Hubs. A Hub is a space (virtual or physical) where entrepreneurs come together creating synergies. Their influence is, sometimes, so great that they convert in favor of optimizing the usual model of the sector; see both in its complete remodeling and digital replicas. This creates new paradigms in traditional sectors and opens the door to new sectors due to the great innovation that community work brings. It can be said that it offers a variety of options in most cases. And it can become a turning point for businesses ... Read more about " The Aerum ecosystem, a market-oriented hub " on coinatory.com

Fishing on the skating rink

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We know that crypto world is currently going through the winter phase and there are not much thrilling news around. Obviously, when old and experienced fishermen are sitting in the cosy armchairs at some bar in front of the fireplace, they will inevitably get tipsy and start telling the old salty tales about 3-meter tunas that they caught once and how they will catch the 5-meter fish next summer. So did Roger Ver with his fishy version of Bitcoin, during one of the latest episode on Bitcoin.com’s YouTube channel, claiming that: “Anything Bitcoin (BTC) Can Do, Bitcoin Cash (BCH) Can Do Better” Yes, we all agree with that statement because we don"t even want to argue anymore. We"ve seen proofs that bitcoin cash"s network being hig ... Read more about " Fishing on the skating rink " on coinatory.com

Cash: Neither a Cockroach Nor a Mayfly

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Is Cash like a Bee then? Fighting the onslaught of digital banking and leaving signs of domino effects for humans? Making sense of the new butterfly called cryptocurrency? Long after governments and industry vendors have urged (sometimes, arm-twisted) users to use digital alternatives for payment; long past the attempts to curb black money, way beyond the skyline of digital ecosystems and a new banking infrastructure, it will stand – a tad confused, a bit hopeful and a lot curious about what happens next – Cash – standing courageously, plus, precariously, on the cliff of a D-day. The D here - is Digital. We don’t need any more numbers to corroborate the heavy push that is coming from all directions via heavy-lifted attempts for elbo ... Read more about " Cash: Neither a Cockroach Nor a Mayfly " on coinatory.com

Blockchain – Not Rock-Paper-Scissors. More Like Snakes-and-Ladders

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IBM’s early-mover grip on blockchain may not be so easy to attack; but other enterprise champs like Oracle, Microsoft and Fujitsu are not sitting in the dug-out anymore. Who will clinch the home-run then? Something’s strange about these headlines. IBM together with SAP and Cloud! Oracle mixing DevOps and Blockchain! And the most twisted- almost every dyed-in-the-wool enterprise software player is okay being in the same room as Linux (in the shape of Hyperledger), and not feeling nauseous. Strange bedfellows, you may say. Smart choice of bedsides, we would add. Only Blockchain could finish the new décor of these war-rooms; all the furniture rearranged a bit by Cloud and As-a-Service forces is finally coming together. But make no m ... Read more about " Blockchain – Not Rock-Paper-Scissors. More Like Snakes-and-Ladders " on coinatory.com

Warning! Fake Monero called Monero Rings

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A project called Monero Rings advertises itself on the sites monero-rings.org and myxrmwallet.com. Monero Rings is positioning itself as an “improved version” of Monero, promising fast transactions, scalability, improved mining and even non-interchangeable tokens. It all sounds great, but the fact that the options that have been promised have emerged from nowhere is suspicious. The fake project was recently revealed by the Guarda wallet company, whose specialists saw that the project code is simply a clone of the Monero code. They also found that one web form sends phrases for recovery to their own site servers, allowing fraudsters to access private keys and steal funds. Four days after the exposure, Monero Rings resources ar ... Read more about " Warning! Fake Monero called Monero Rings " on coinatory.com

Orbis platform will offer a global ecosystem

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ORBIS offers a platform that will make it easier to operate instantaneously and without fees In a noteworthy platform, we can find versatility and easy handling to operate with the funds stored in ORBIS. It has been created using a blockchain solution, with two currencies available on the platform. This brings many  advantages since they provide versatility to the system. Users can take advantage of these features to withdraw, transfer, spend and invest fiat money or cryptocurrency without charges. Adding instant actions without waiting time and with no intermediaries. OrbisSolutions was created with the concept of loss aversion, as explained on their website and whitepaper. It can resist any market crash by being separated ... Read more about " Orbis platform will offer a global ecosystem " on coinatory.com

Hypochondriacs in a Coal Mine

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Paper-cuts are not as serious as snake-bites. We know that. Speaking of security, forks are not as scary as knives. That. We don’t know yet. It was not supposed to happen this way; but then, when does life (and technology) work on suppositions! Humans - genius-clever-brave-rebellious humans - had gathered around the capsule. Some shuffled their feet as the first cut was made. Some cringed and shut their eyes as the needle made its way in and out for a stitch. Some smiled as the body whirred back to life with a new sound. The inimitable and iron-clad creature had just been operated upon. As the surgeons moved out of the room, a few eyes stayed peeled on the creature. Timid and worried, they mumbled to each other. “But wasn’t this sp ... Read more about " Hypochondriacs in a Coal Mine " on coinatory.com

Electroneum launched a smartphone!

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Out of hundreds ICOs of the past year, Electroneum is the one that doesn"t want to go away and it seems that it will win in the end. Unlike Exodus 1 or Finney, the Electroneum M1 smartphone costs almost 10 times less! M1 is the Google-certified Android smartphone that has a built-in cloud mining technology (ETN mining only). It also has the 4G module, 2 SIM card slots, 2 and 5-megapixel cameras. What else is required for the phone to be the tool for living? https://youtu.be/5jmUGwg0VKk Electroneum was aiming the mobile users from the very beginning and with their patent pending Instant Payment technology, the project will get it"s place under the sun one day. Instead of giving empty promises and coding things that are ... Read more about " Electroneum launched a smartphone! " on coinatory.com

Mayer Multiple: Trace Mayer"s indicator

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You probably heard of multiple indicators, but this one is interesting for a few reasons. First reason, it is created by Trace Mayer, the person who is the early BTC investor who "Bought At $.05". The second reason is that (Mayer Multiple) MM is a pretty simple, yet powerful indicator. The MM formula is defined as “the multiple of the current bitcoin price over the 200-day moving average.” As simple as that! But why is it interesting? When the market goes up, it"s bullish. When it goes up too fast, it"s a bubble. When he goes down - it"s bearish. When he goes down too fast - this is a bottom. The important number is 2.4 that"s based on historical data. When the MM is above 2.4, it means that bitcoin is in the speculative bubble. Whe ... Read more about " Mayer Multiple: Trace Mayer"s indicator " on coinatory.com

CoinIMP ITO promises to revolutionize web advertising

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Web advertising has been a stale market for so long, with Google and Facebook at the top since the mid 2000s, CoinIMP intends to throw a stone in the water. IMP tokens are a new way to pay for web advertising which is blockchain based, automated, faster, more flexible and easier to use. CoinIMP itself is a successful JavaScript mining service, that was against the practices of cryptojacking from day one. JavaScript mining offers great potential for both webmasters who need funding to survive and users who had enough of intrusive advertising and pop-up ads,but from day one, we realised that advertising couldn’t be purged from the web entirely, not because of the monetization concerns but because any new service and potential project n ... Read more about " CoinIMP ITO promises to revolutionize web advertising " on coinatory.com

Is Iran a Russian proving ground for testing national cryptocurrency idea?

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The whole situation about Iranian cryptocurrency is very exciting as it sets the new level of adoption of the cryptocurrency in general. This is not the first case when a country issues digital currency, but it seems that Venezuelan Petro failed and PayMan can become the first one to succeed. Donald Trump imposed sanctions on Iran and SWIFT removed all Iranian banks from its system, so the usual banking transactions became impossible. In the middle of 2018, when the situation was still in development, the first steps of switching to the trade in crypto had been already made - Iran negotiated such possibilities with Russia - yet another country under sanctions. By that time, Russia had already prepared MIR cards based on NSPK ... Read more about " Is Iran a Russian proving ground for testing national cryptocurrency idea? " on coinatory.com

Bitcoin can be legally used in over 100 countries

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According to the Coin Dance service, by now Bitcoin has 111 states that legalized to one degree or another. Resource analysts emphasize that Nigeria occupies a special place in the ranking, where bitcoin operations can be carried out, but such transactions do not comply with local legislation. According to the latest data, over the past 24 hours, the total volume of transactions using BTC paired with the Nigerian naira amounted to about 0.03% of the total volume of transactions with the largest digital currency. In Indonesia, bitcoin operations are not formally prohibited, but they are “limited”. In Vietnam, you can legitimately invest in Bitcoin and keep savings in such an asset, but it is prohibited to use the coin as a ... Read more about " Bitcoin can be legally used in over 100 countries " on coinatory.com

SWIFT: blockchain is not suitable for bank cross-border payments

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The SWIFT global cross-border payments system believes that the blockchain is not suitable for solving the problem of delay in cross-border bank payments. The main reasons are a violation of a number of regulatory requirements and the inability of the blockchain to ensure the confidentiality of such operations, which can lead to the reluctant adoption of this technology. Ripple vs. SWIFT Ripple and SWIFT have now become major competitors in cross-border payments. While SWIFT technology is considered slow, Ripple CEO Brad Garlinghouse is confident that his company"s blockchain technology can significantly speed up such payments. Nevertheless, SWIFT is now seeking to promote GPI - its own new global payment system. It is reported ... Read more about " SWIFT: blockchain is not suitable for bank cross-border payments " on coinatory.com

Argentina: payments for transport in Bitcoin started across the country

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In Argentina, a nationwide contactless card used to pay for public transport can now be refilled with bitcoins. SUBE smart card users can refill it with cryptocurrency in 37 cities in Argentina. This opportunity became available thanks to the cooperation of the operator Alto Viaje with the fintech-company Bitex. The head of Bitex, Manuel Bodrum, said: "We believe that this project is of great importance because it brings advanced technologies, such as Bitcoin, to the masses." According to the website of the government of Argentina, the SUBE card can be used throughout the country - in buses, trains, subways and even on public motor boats. Also, the authorities intend to connect to the platform a network of Rapipago, designed to ... Read more about " Argentina: payments for transport in Bitcoin started across the country " on coinatory.com

How can XRP grow by 2000% in 2019?

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In 2018, the "bears" pretty much crushed all cryptocurrencies, but could not undermine faith in them. In addition to Bitcoin, XRP has now become one of the coins most talked about, and today it is becoming increasingly common to hear predictions about its future price. Among the assumptions some are completely insane. One interesting theory was published on The Independent Republic website. It is based on the assumption that in 2019 XRP could grow by 2,000%, reaching $692.3 per coin, and that would mean a market capitalization of $27 trillion. Wow! This is despite the fact that the capitalization of all mined gold amounts to only $7.8 trillion? This theory suggests that such a surge is possible only if Ripple participates in all ... Read more about " How can XRP grow by 2000% in 2019? " on coinatory.com

South Korean regulator warned against central bank cryptocurrencies

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On February 7, the Reserve Bank of South Korea warned its counterparts from other countries about the risks that, according to the regulator, are related to digital currencies of central banks (CBDC). A new statement was made shortly after the financial institution announced that it did not intend to issue its own cryptocurrency. CBDC, which can also be understood as a state-supported or government-controlled digital currency, includes a transaction system on the blockchain. In fact, it is a digital analogue of the state fiat currency. However, many analysts criticize this model, believing that the blockchain is more like decentralized cryptocurrencies. Currently, several countries are considering whether the release of CBDC is ... Read more about " South Korean regulator warned against central bank cryptocurrencies " on coinatory.com

Central Bank of Iran introduced Payman cryptocurrency

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After a year of speculation and news about various improvements, Iran has finally introduced Payman digital currency. State-supported cryptocurrency will be used to circumvent sanctions from the United States. Currently, the country"s financial system is isolated from SWIFT, which makes import and export almost impossible. The launch of the state cryptocurrency was announced on January 29 during the annual conference on electronic banking and payment systems in Tehran. The theme of the conference this year was the “Blockchain revolution”. Iran quickly discovered the power of the blockchain and digital currencies, after losing contact with SWIFT and became subject to US sanctions, which led to this bold economic step. The dir ... Read more about " Central Bank of Iran introduced Payman cryptocurrency " on coinatory.com

Gram cryptocurrency valued at $29.5 billion

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According to the estimates of HASH Crypto Investment Bank, the value of the future Telegram cryptocurrency may reach $29.5 billion by the end of 2019. According to the report of HASH Crypto Investment Bank, the target cost of Gram cryptocurrency by the end of 2019 is estimated at $5.9 per one token. At this price, the capitalization of the entire cryptocurrency should be $29.5 billion. In addition, the cost of $5.9 Telegram indicated in one of the latest notes for investors, which was provided in January at the @TGram channel. It should be noted that the assessment of the Gram token of $5.9 is conditional. HASH CIB senior analyst Rustam Botashev clarified: “HASH CIB offers its own assessment methodology, emphasizing that the value o ... Read more about " Gram cryptocurrency valued at $29.5 billion " on coinatory.com

Warning! Phishing attack on users of Electrum and MEW wallets

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On February 4, users of the Electrum and MyEtherWallet cryptocurrency wallets faced phishing attacks. Phishing attack is a fraudulent and illegal attempt to obtain confidential data - personal or bank information of users; at the same time, the attacker impersonates himself as a trustee and sends the user a message with a malicious link. The link usually leads to a page where the user is asked to enter personal data, or clicking the link initiates the installation of malicious software on the user"s device. On February 4, MyEtherWallet developers tweeted warning about phishing emails, asking users to share personal information. The MEW developers’ message states: “Attention to the MEW community!Attackers send phishing emails tha ... Read more about " Warning! Phishing attack on users of Electrum and MEW wallets " on coinatory.com

Monero: something strange is going on

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CEO of Lunar Digital Assets, Han Yoon wrote an article, warning that Monero network possibly showing signs of an imminent attack. The main point is the strange increase in hashpower. Starting from January 1st, 2019 it"s constantly growing - from 322,7Mh/s up to 781 Mh/s (February 5th). It"s an enormous growth and, in fact, the hashpower was never that high since the April 5th, 2018 - the day when Cryptonight V8 algorithm was implemented during the Lithium Luna update. You can check the actual hashpower here. The whole situation doesn"t seem to be strange and dangerous now. But considering the fact that Monero is an ASIC-resistant coin, there"s less space for the explanation of such a strange behavior. Another fact - Monero ... Read more about " Monero: something strange is going on " on coinatory.com

The 30 years old founder of Quadriga exchange died. $137 million of clients" funds locked

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Quadriga has been online since 2013. For five years, this site has become one of the largest crypto exchanges of Canada; 360 thousand people were registered on it. At the same time, the only permanent employee of Quadriga was its founder, Gerald Cotton. He controlled the site from his own laptop - and paid much attention to security issues. January 15 on the Quadriga page on Facebook appeared a statement about the death of Cotton. It was signed by his widow and heiress Jennifer Robertson. According to her, her husband died suddenly in December 2018 during a trip to India. He went there to open an orphanage. The cause of the death of Cotton were complications of Crohn"s disease, which was diagnosed at the age of 24. At the time of ... Read more about " The 30 years old founder of Quadriga exchange died. $137 million of clients" funds locked " on coinatory.com

Binance started accepting credit card payments for cryptocurrencies

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Digital Currency Exchange Binance announced that from January 31, began to accept payments from credit cards. Binance also reports that this is the result of cooperation with the Israeli company Simplex, which specializes in processing such payments. Binance CEO Changpeng Zhao stated: We want to provide traders with quick and easy access to cryptocurrencies, maximally secure their purchase. The partnership with Simplex will help overcome some of the gap in payments for cryptocurrency with credit cards for our customers around the world. Now at Binance.com you can buy cryptocurrencies with credit cards and start trading in a matter of minutes. According to reports, the exchange is capable of processing more than 1.4 million ... Read more about " Binance started accepting credit card payments for cryptocurrencies " on coinatory.com

NEM coin dropped by more than 10% after reporting project problems

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Cryptocurrency NEM (XEM) on Thursday, January 31, fell in price by more than 10% after it was reported that this project ran into financial problems. Reports of problems and even pre-bankruptcy status of the company came after the NEM Foundation team published a press release and announced a change in the development strategy of the project. Now the most promising products will be the main focus of the company. In parallel, the NEM Foundation announced the closure of its regional offices and the freezing of projects launched jointly with its partners. https://twitter.com/NEMofficial/status/1090833098780995584 After the publication of this message in the crypto community, rumors began to spread that the NEM crypto project ... Read more about " NEM coin dropped by more than 10% after reporting project problems " on coinatory.com

Iran offers monetary transactions in cryptocurrency to eight countries

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Iran, whose economy suffers from international economic sanctions, is discussing the use of its state cryptocurrency in the transactions with eight countries. This is reported by the Tehran Times. Representatives of Iran, in particular, are negotiating with colleagues from Switzerland, South Africa, France, England, Russia, Austria, Germany and Bosnia. According to Mohammad-Reza Modoudi , head of the Iranian Trade Promotion Organization, meetings are held in the hope of attracting foreign investors to the country. At the same time, the question of how Iran will be able to carry out international trade under the pressure of international sanctions restricting access to banking is relevant. According to Modoudi, the key to solving ... Read more about " Iran offers monetary transactions in cryptocurrency to eight countries " on coinatory.com

SWIFT publicly “wiped the nose” of Ripple, choosing the R3 blockchain

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Gottfried Leibbrandt, CEO of the main international payment network of SWIFT, announced his company"s plans to integrate R3"s Corda technology to improve the level of customer service for banks. He stated this at the Paris FINTECH forum, where Ripple CEO, Brad Garlinghouse was also present. SWIFT is a global company that conducts financial transactions between banks using its own technology for exchanging financial messages. The SWIFT system currently employs over 11,000 banks. The company was founded in 1973 and since then has become the leader of international payments, although it should be noted that it almost had no competitors. However, everything changed with the advent of blockchain technology. Actually, the SWIFT ... Read more about " SWIFT publicly “wiped the nose” of Ripple, choosing the R3 blockchain " on coinatory.com

Saudi Arabia and the UAE launched the digital currency Aber

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Saudi Arabian Monetary Agency (SAMA) and the UAE Central Bank (UAECB) launched the joint Aber digital currency, designed to serve as a means of payment in cross-border payments between the two countries. We are talking about an experimental stage at which both central banks intend to study the use of the blockchain in issuing common digital currency for cross-border payments, the central bank of Saudi Arabia said in a statement. The two countries decided to launch a joint project, since each has centralized money transfer and internal transaction systems that have proven to be profitable. However, the statement says that certain aspects of the international money transfer system need further development. SAMA and UAECB agreed that ... Read more about " Saudi Arabia and the UAE launched the digital currency Aber " on coinatory.com

Iran may ban Bitcoin as a means of payment

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According to the draft report of the Central Bank of Iran, which became available to the media, the country"s central bank intends to prohibit the use of cryptocurrency as a means of payment. The document of the central bank, entitled "Obligations and rules of cryptocurrency turnover", says that "any cryptocurrency wallets will be used exclusively for storing and moving cryptocurrencies, whereas the integration of any services with cryptocurrencies is prohibited." If the rules come into force, the central bank will stop using cryptocurrencies as a means of payment. However, according to the document, the central financial department of Iran does not intend to prohibit citizens from storing or moving small amounts of “allowed” cry ... Read more about " Iran may ban Bitcoin as a means of payment " on coinatory.com