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Showing posts with the label adoption

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

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

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

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

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

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

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

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

The banking system is a fraud!

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It seems obvious for most of us, but it is worth repeating again and again: current financial system is terrible and cryptocurrencies can grant us with the financial freedom. This is their main point and the main reason for them to exist. This short explanation of our current situation should be shared with as many people as possible. Daily story You work for long four weeks - until your bones start to ache from fatigue. You spend sleepless nights on your projects or tasks so that you are already unwell. For what? In order to get the long-awaited salary. However, the sad truth is that not you, but your bank received your salary. We are always dependent on banks and on the money we earn, although it should be the other way around ... Read more about " The banking system is a fraud! " on coinatory.com

The number of transactions in the BTC network has reached the maximum

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As of January 9, 2019, the number of confirmed daily transactions on the Bitcoin network (BTC) has risen to the maximum level for the last year. According to the blockchain.com service, now up to 319,000 operations are performed per day. On average, about 281,000 transactions are made in the main cryptocurrency network in one week. Approximately the same number of transactions was recorded in the middle of January last year. The largest number of transactions in the Bitcoin network was recorded in mid-December 2017. At that time, the number of confirmed daily operations on the BTC platform exceeded 490 0000. In January 2018, there was a recession, which led to a drop in the number of transactions to its lowest level in April. ... Read more about " The number of transactions in the BTC network has reached the maximum " on coinatory.com

Western Union talks about its willingness to work with cryptocurrencies

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On December 17, Odilon Almeida, President of Western Union Global Money Transfer, announced that his company was “fully prepared” to work with cryptocurrencies to secure international payments. Almeida said that Western Union is ready to make maximum use of the blockchain and cryptocurrency technology for its work, as it specializes in international payments and “knows well” what it is. "Cryptocurrencies can be another widespread option to ensure the exchange of values between people and countries, and if this happens, we are ready for the launch," said Almeida. However, he believes that this will not happen immediately since the crypto industry is still at an early stage of development and faces a number of problems that are com ... Read more about " Western Union talks about its willingness to work with cryptocurrencies " on coinatory.com

French politicians suggest investing $570 million in blockchain development

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As reported on December 12 by the local news publication Les Echos, French politicians want to invest € 500 million ($ 569 million) in the development of blockchain projects at the state level over the next three years. Parliamentarians believe that investment will allow France to become a “blockchain state.” They also intend to play an active role in the development of the mining industry in the country. One of the authors of this initiative, MP Jean-Michel Mis, said: “2018 was the“ zero year ”in the process of popularizing the blockchain in France. 2019 will be the year of development of this ecosystem, which can be fully realized within three years, thanks to cash injections in the amount of € 500 million. " Investment init ... Read more about " French politicians suggest investing $570 million in blockchain development " on coinatory.com

South Korean bank introduces blockchain to get rid of "human error"

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The second largest commercial bank in South Korea, Shinhan Bank, has launched a project to introduce the blockchain into its internal processes in order to reduce the human factor leading to errors. The English edition of The Korea Times reported this on December 10. Over the past eighteen months, the bank has sought to integrate both the blockchain and cryptocurrencies and recently a special staff training program aimed at expanding knowledge of the blockchain for various applications has been completed. According to The Korea Times, on November 30, for the first time in South Korea, the bank introduced transactions on interest rate swaps using the blockchain. Now, operations such as maintaining financial statements of the bank ... Read more about " South Korean bank introduces blockchain to get rid of "human error" " on coinatory.com

Nasdaq Exchange officially confirmed the launch of a cryptoplatform in 2019

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The Nasdaq Stock Exchange, which trades shares of high-tech enterprises, officially confirmed the information about the launch of its cryptocurrency platform. Earlier it was reported that the platform will be launched until the middle of next year, investors will be able to perform operations with Bitcoin futures. A top manager of the exchange, Joseph Christinat, who holds the post of vice president of communications, said that as soon as the Commodity Futures Trading Commission (CFTC) issues a permit to the exchange, it will immediately begin work on launching a cryptocurrency trading platform. As the Daily Express publication clarifies, now the leader of the Nasdaq is waiting for the decision of the regulator. Christinat ... Read more about " Nasdaq Exchange officially confirmed the launch of a cryptoplatform in 2019 " on coinatory.com

Siemens entered EWF to implement energy projects on the blockchain

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Siemens energy management and supply division has joined the international organization Energy Web Foundation (EWF). This organization is a non-profit alliance that supports the development of blockchain projects in the energy sector. Currently, EWF is the leading alliance in the development of the blockchain in the energy sector. The list of EWF participants is constantly updated with new members, and it already includes corporate companies, technology partners and strategic investors. The organization notes that in the next few years, the energy sector will face many changes in the use of new technologies. According to a press release, Siemens will increase the efficiency of commercial use of blockchain technology in the energy ... Read more about " Siemens entered EWF to implement energy projects on the blockchain " on coinatory.com

Intel received a patent for the energy-saving bitcoin mining technology

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The American IT giant Intel has received a patent for the launch of a new cryptocurrency mining technology. The corporation received this patent last Tuesday from the US Patent and Trademark Office. In the explanatory note, it is noted that the new technology is designed to reduce energy consumption for Bitcoin mining. For the first time, the company announced the need to reduce energy costs during mining in March of this year. Then the corresponding application was sent to the Patent and Trademark Office to launch a new product. The company"s specialists suggest using the technology of the SHA-256 algorithm, which is used by the main cryptocurrency, for Bitcoin mining. Miners will receive a reward in the form of charging a ... Read more about " Intel received a patent for the energy-saving bitcoin mining technology " on coinatory.com

Sirin Labs: first blockchain smartphone released

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The first blockchain smartphone was finally released! It"s called Finney. But is it truly first? Let"s revise the whole story a bit: Finney specs were announced HTC announced Exodus - the blockchain smartphone HTC released Exodus a month ago Sirin Labs released Finney today So, let"s make things clear: it"s not the first released blockchain smartphone, but it was the first to be announced. Obviously, Sirin Labs startup vs HTC giant is far from the fair fight and it seems that HTC played unfairly here. Nevertheless, let"s go back to the release itself. Today, at a presentation in Barcelona, the Swiss-Israeli company Sirin Labs for the first time showed the public its latest development, Finney, the world"s first ... Read more about " Sirin Labs: first blockchain smartphone released " on coinatory.com

Bitstamp will introduce technology to combat market manipulation

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It seems that crypto exchanges started to care about the instruments they provide the trading with. This is a great step towards the mass adoption of cryptocurrencies, it should make the trading itself to become more civilized and such steps prove once again that the crypto world is able to cope with its problems without governments to be involved. It"s not a secret that the crypto market is flooded with the so-called trading bots that seem to be quite harmless from the first sight, but extremely dangerous for the fair pricing if used in the wrong way. One of the oldest cryptocurrency exchanges Bitstamp decided to upgrade its technological arsenal in order to attract institutional investors. On November 27, the exchange announced ... Read more about " Bitstamp will introduce technology to combat market manipulation " on coinatory.com