Former NBA player Dennis Rodman could attend the US-North Korea summit planned for next week. His agent told the Washington Post that the ex-Chicago Bulls star wants to be a part of the Trump entourage and provide the two leaders “moral support.” He is also being referred to euphorically as a messenger of peace between the two countries. Logistics Issues Still Need SortingRodman’s previous visits to Asia were, reportedly, sponsored by a Canadian cryptocurrency company called PotCoin that is used to buy marijuana. During his trips, he was photographed wearing a company t-shirt and baseball cap, following which the stock shot up by over 90 percent.
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However, the news of his interest in the summit has not startled the prices yet. It rose by only 5 percent on Thursday, per stats from CoinMarketCap. A PotCoin spokesperson confirmed a little while later that the company is “in discussions” about a potential visit. A Controversial Figure ReemergesThe summit is going to be a historical event as this is the first time that the two leaders will be meeting at a neutral venue. Rodman, however, is not new to North Korea. The former NBA player has frequently been criticized for going to the political “wild west” when tensions between the two countries were at their peak. Rodman has even organized a basketball game between former NBA players and North Korean players in 2014. Later, he courted more controversy after signing “Happy Birthday” to the Korean dictator. Reports have it that PotCoin talks about him more like a prophet. A spokesman for the company said:
He even went on to say that the basketball legend deserves a Nobel Peace prize alongside President Trump and Marshall Un. Korea watcher and Arms Control Association executive director Daryl Kimball said:
However, Rodman isn’t close only to Un. He was a part of Trump’s reality show “Celebrity Apprentice” as well and praised the President’s diplomatic approach towards rogue North Korea. He even gave Un a copy of “The Art of the Deal.”
Featured Image from Shutterstock.
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Last night the EOS block producer candidates unanimously voted to go ahead with the EOS MainNet launch. The vote comes in light of delays due to recent security issues plaguing the network. Over 100 candidate organizations took part in the voting which took place around 1:00 am UTC and concluded roughly 45 minutes later. The positive result means a set of appointed block producers will now prepare for taking the initial network live in the next 12 hours. An additional 48 hours of testing will follow and validation will then take place before the final launch. An order of events for the launch can be found on the EOS New York blog. EOS is a distributed proof-of-stake (PoS) network, which means it uses Block Producers in place of traditional miners found on Proof-of-Work (PoW) networks. The company held a year-long initial coin offering (ICO) to raise the $4 billion it required to develop its open-source software. A collaboration between block producers each fighting for control of the network resulted in the formation of the EOS Mainnet Launch Group (EMLG) which has now managed to organize voting to finalize the launch. The EOS launch still faces a large number of potential issues including bugs, vulnerabilities and other problems. With the launch now imminent, hopefully the block producers can address and resolve these in time. Image From Shutterstock Read More EOS Block Producers Unanimously Vote Go, MainNet Launch Imminent : https://ift.tt/2l2Xev3Partner By desimpul.blogspot.com The materials on Desimpul's website are provided on an 'as is' basis. Desimpul makes no warranties, expressed or implied, and hereby disclaims and negates all other warranties including, without limitation, implied warranties or conditions of merchantability, fitness for a particular purpose, or non-infringement of intellectual property or other violation of rights. Further, Desimpul does not warrant or make any representations concerning the accuracy, likely results, or reliability of the use of the materials on its website or otherwise relating to such materials or on any sites linked to this site. In no event shall Desimpul or its suppliers be liable for any damages (including, without limitation, damages for loss of data or profit, or due to business interruption) arising out of the use or inability to use the materials on Desimpul's website, even if Desimpul or a Desimpul authorized representative has been notified orally or in writing of the possibility of such damage. Because some jurisdictions do not allow limitations on implied warranties, or limitations of liability for consequential or incidental damages, these limitations may not apply to you. Accuracy of materials The materials appearing on Desimpul's website could include technical, typographical, or photographic errors. Desimpul does not warrant that any of the materials on its website are accurate, complete or current. Desimpul may make changes to the materials contained on its website at any time without notice. However Desimpul does not make any commitment to update the materials. Links Desimpul has not reviewed all of the sites linked to its website and is not responsible for the contents of any such linked site. The inclusion of any link does not imply endorsement by Desimpul of the site. Use of any such linked website is at the user's own risk. Modifications Desimpul may revise these terms of service for its website at any time without notice. By using this website you are agreeing to be bound by the then current version of these terms of service. Oyster Protocol has announced that it will be taking “a more aggressive approach with regards to marketing and general exposure,” and that means a new CEO. Oyster launched its mainnet two weeks ago, becoming the first ever blockchain-based anonymous file storage platform. Now Oyster has a live product it believes it has “ground to stand on with regards to becoming a household name in the industry.” William Cordes, previously the company’s CFO, will taking over from the pseudonymous “Bruno Block” as the new CEO. According to Cordes, this will “free up Bruno’s time to focus exclusively on protocol architecture” while allowing Cordes “to leverage my business and managerial experience to take Oyster to new heights.” Cordes notes that this new direction was Block’s choice. Now the mainnet has been launched Oyster is moving into the next stage of its development, and different expertise is needed. One of the first priorities is improving PRL liquidity by having it listed on more exchanges. Cordes said that the company is in “fairly late-stage discussions with multiple exchanges in the Top 10” and “many more in the Top 30.” Cordes will also be focussing on building the platform’s community in Asia and increasing the visibility of Oyster and its team worldwide. “Oyster has shied away a bit from the public spotlight,” he said, “in-line with Bruno’s personality and anonymity”. However, “as of today, that changes” and the team “will be much more proactive with regards to conferences and public appearances.” Though broadly welcomed by the Oyster community, Reddit user Henrymiller33 worried that giving someone else CEO power was dangerous at this early stage as such a figure “ultimately has power over you, and can fire you at will should a big disagreement emerge.” Block responded that dividing responsibilities in this way was the sensible option and that “I can still fire Bill because I am the 100% shareholder of the company.” However, he noted that this was unlikely, “unless Bill starts selling company PRL to buy cocaine and smuggle it to ISIS.” Image From Shutterstock Read More Oyster Protocol (PRL) announces new CEO and “more aggressive” marketing approach : https://ift.tt/2sJqV8mPartner By desimpul.blogspot.com The materials on Desimpul's website are provided on an 'as is' basis. Desimpul makes no warranties, expressed or implied, and hereby disclaims and negates all other warranties including, without limitation, implied warranties or conditions of merchantability, fitness for a particular purpose, or non-infringement of intellectual property or other violation of rights. Further, Desimpul does not warrant or make any representations concerning the accuracy, likely results, or reliability of the use of the materials on its website or otherwise relating to such materials or on any sites linked to this site. In no event shall Desimpul or its suppliers be liable for any damages (including, without limitation, damages for loss of data or profit, or due to business interruption) arising out of the use or inability to use the materials on Desimpul's website, even if Desimpul or a Desimpul authorized representative has been notified orally or in writing of the possibility of such damage. 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By using this website you are agreeing to be bound by the then current version of these terms of service. PR: EO Obtains Licenses for Crypto-Fiat Exchange and Wallet as Its Initial Coin Sale Continues6/8/2018 This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. EO, a four-platform-ecosystem has obtained two licenses to for its upcoming crypto fiat exchange and wallet. This makes it one of the first crypto-based companies to receive a license prior to launching of its crypto products and it can officially allow the use of fiat on its upcoming crypto exchange, crypto wallet and online trading platform, as well as the exchange of its own coin, EO, with fiat. Regulation in the crypto world is a fairly new topic which has been getting a lot of attention as more crypto related projects emerge. Many crypto exchanges and crypto wallets are seeking to receive licensing for their services, however currently exchanges and wallets, including some of the biggest names, are operating without licensing, and are allowed to due to the youth of the cryptomarket. EO comes from ExpertOption which has been a regulated broker since entering the online trading scene, EO which among other products will develop and launch a crypto exchange and crypto wallet for both fiat and digital currencies is following the same path and has received the Virtual Currency Exchange Service License (number FVR000193) and the Virtual Currency Wallet Service License (number FRK000161) before launching its crypto products. EO.Finance, the financial crypto-fiat hub which will serve as a wallet for storing and exchanging cryptos with fiat is expected to be released in July of 2018 according to the roadmap. EO.Trade crypto exchange, which is the biggest project in the ecosystem will be released in December of the same year and is now officially licensed to offer direct exchange from fiat and crypto and vice versa along with all other EO products. The EO ecosystem with its platforms will bring online trading and blockchain projects closer by making crypto and fiat exchange easy. The platforms will allow newcomers to crypto to buy tokens using fiat. They can also exchange their cryptos back to fiat without a complicated processes. The system will introduce token-based accounts on its online trading platform, ExpertOption, where the EO coin will allow crypto trading with higher profit percentages. The EO coin will also allow lower transaction fees on EO.Finance and EO.Trade. The EO coin presale started on the 16th of April and will continue until the 29th of June while a second round of sale is expected on the 16th of July to the 31st of August. Contact Email Address This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release. Read More PR: EO Obtains Licenses for Crypto-Fiat Exchange and Wallet as Its Initial Coin Sale Continues : https://ift.tt/2JpgVHMPartner By desimpul.blogspot.com The materials on Desimpul's website are provided on an 'as is' basis. 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Current crypto coins are slow. How slow? Around seven bitcoin transactions can be processed per second. Ethereum blockchain is three times faster, but credit card processing is a thousand times faster or more. The low number of possible transactions per second has been recognized as one of the major challenges that need to be addressed in order to enable a wide adoption of cryptocurrencies.
For daily updates, subscribe to our newsletter by clicking here. Speaking at a February conference in Dallas, Texas, writer and crypto evangelist James Altucher said that while Bitcoin is secure enough, it is too slow. Even Ethereum, which went to some length to solve the problem, is still far from meeting the benchmarks set by more traditional payment methods, like credit cards.
Bitcoin. Photo: Getty Images
Some crypto initiatives are addressing the challenge head-on. Three of the more noticeable ones are EOSIO, IOTA, and ENQ (Enecuum).
EOSIO, a free, open-source protocol, aims to enable “millions of transactions per second,” according to a white paper published by the Block.one, the seller of the EOS token, a top-five cryptocurrency by market capitalization at approximately US$12.4 billion.
In May, Block.one named Rob Jesudason, the chief financial officer of Commonwealth Bank, as its group president and chief operating officer.
In April, Block.one announced a deal with blockchain enthusiasts Michael Cao and Winnie Liu to start a new $200 million joint venture fund, EOS Global. The announced purpose of the new fund: investing in Asia-focused projects utilizing EOSIO.
The IOTA Foundation develops the IOTA protocol, a Distributed Ledger Technology that can support hundreds of transaction per second. It utilizes an architecture called DAG, which has some advantages over the regular blockchain architecture. Backed by corporate players including Samsung and Bosch, its value currently stands at over $3 billion.
ENQ (Enecuum) promises to enable millions of transactions per second according to the company’s white paper, and 60000 TPS according to the speech ENQ’s Chief Business Development Officer Jev Vainsteins gave CNBC. Their testing network for a decentralized project, which allows testing of experimental features (also known as “testnet”), will be available to contributors and other related parties in two weeks, according to Vainstens’ interview. The author was involved in ENQ's marketing activities in the past.
Papyrus, a crypto coin designed to connect advertising platforms with publishers, supports 16 thousand transactions per second, according to performance tests (the Papyrus Performance Tests report). Using the blockchain architecture, Papyrus may also pose a possible way to address the European GDPR privacy reform, by enabling users to tightly control how data pertaining to them is shared with advertisers.
The Hyperledger consortium, an open-source initiative led by The Linux Foundation that aims to create standards for the commercial use of blockchain, also tackles speed problems. According to a presentation by IBM, one of the companies involved in the project, the protocol supports up to one thousand transactions per second.
As more companies tackle the transactions per second limit, the discourse concerning the challenges facing crypto coins is also shifting from the TPS to the regulation of the blockchain-based tokenomics. According to the agenda of the Consensus conference that took place on May 14-16 in New York, the community is now focused on government relations, the token economy, corporate blockchain journey roadmaps, community governance, net neutrality, IOT, and personal data protection.
Related stories: Ilia Stechkin is the founder of the TechComLab, the inbound marketing agency for high-tech companies. Read More Cryptocoin Creators Tackle Speed Challenge : https://ift.tt/2HyluhaPartner By desimpul.blogspot.com The materials on Desimpul's website are provided on an 'as is' basis. Desimpul makes no warranties, expressed or implied, and hereby disclaims and negates all other warranties including, without limitation, implied warranties or conditions of merchantability, fitness for a particular purpose, or non-infringement of intellectual property or other violation of rights. Further, Desimpul does not warrant or make any representations concerning the accuracy, likely results, or reliability of the use of the materials on its website or otherwise relating to such materials or on any sites linked to this site. In no event shall Desimpul or its suppliers be liable for any damages (including, without limitation, damages for loss of data or profit, or due to business interruption) arising out of the use or inability to use the materials on Desimpul's website, even if Desimpul or a Desimpul authorized representative has been notified orally or in writing of the possibility of such damage. Because some jurisdictions do not allow limitations on implied warranties, or limitations of liability for consequential or incidental damages, these limitations may not apply to you. Accuracy of materials The materials appearing on Desimpul's website could include technical, typographical, or photographic errors. Desimpul does not warrant that any of the materials on its website are accurate, complete or current. Desimpul may make changes to the materials contained on its website at any time without notice. However Desimpul does not make any commitment to update the materials. Links Desimpul has not reviewed all of the sites linked to its website and is not responsible for the contents of any such linked site. The inclusion of any link does not imply endorsement by Desimpul of the site. Use of any such linked website is at the user's own risk. Modifications Desimpul may revise these terms of service for its website at any time without notice. By using this website you are agreeing to be bound by the then current version of these terms of service. With Binance’s announcement of their plans for a $1 billion investment fund this month, it’s worth taking a deeper dive into the impact and strategy of major funds and firms getting further involved in the cryptocurrency investment landscape. The cryptocurrency market has been, and likely will continue to be, highly sensitive to institutional investor money. As the baby deer-legged crypto market continues to find its ground, investment funds and firms are capable of taking advantage of all the many highs and lows. It’s easy to forget that some of the world’s larger funds have yet to jump into crypto. This provides some substantial advantages (and disadvantages) to funds, firms, and individuals. I don’t have all the answers, nor will I pretend to, but here are some quick insights gleaned on two separate fronts: project investment and general mark trading. A Baby-Legged Deer MarketIn the tail end of 2017, seeing a project fly up by a few hundred (or thousand) percent in a matter of days became a common occurrence. As of June 2nd, 2018, the market capitalization according to coinmarketcap of all cryptocurrencies hovers around $340B* *note* – the actual market capitalization rate is much larger than the above figure, as it only calculates the market cap of the “circulating supply” of all crypto assets, rather than ALL of the coins, whether unmined, allocated, or locked up. However, the number is that that much larger and doesn’t change the point I’m making here, but just wanted you to know ? That’s not a small chunk of change for individual investors by any means, but it’s important to add some perspective.
Another psychological aspect to note is that the cryptocurrency investment world is still relatively insulated from investments from the masses. As someone reading articles such as this one, you’re simply one in a very small minority of investors. Project Investment Insights: Stage-Based FundingOne way funds and firms qualify their asset targets is by the stage the project is currently in. 2017 was a year where projects could raise a few hundred million just on a whitepaper, but that just simply (and thankfully) isn’t the case in 2018. The criteria for blockchain-based projects is much higher than a pure concept. Projects with functioning products and strategic partnerships tend to be much more appealing. Take Codex Protocol, for example. The decentralized title registry for the art and collectibles industry has already proven its ability to tackle the digital collectibles and art provenance industries and held a successful art auction in April at the Ethereal Summit (the one where a Cryptokitty got sold for $140k).
-A representative from Blockground Capital, a firm that invested in Codex, Endor, Eden, and Open Platform. Additionally, projects that are actually looking to build a business are able to offer their investors higher degrees of partnership and collaboration. Early-stage firms can then utilize their vast networks to help take that project closer to its goals. How is this useful to me?: If you’re looking at early stage projects, you should be looking at the team, strategic partnerships, product development progress, roadmap, and use any significant external investment as a signal to a project’s efficacy. Market-based insights: Be Wary of Artificial WallsOne of the dirtier tricks in whale and large-scale investment theory is market manipulation. This differs greatly from funds/firms that focus solely on investing in projects, as it also significantly impacts them. Artificial buy and sell walls designed to pump and dump tokens. Investors with significant capital are able to build buy and sell to manipulate market psychology into getting comfortable at a certain price point and enhancing their positions, only to cancel that large buy or sell order and rake in the profits. How is this useful to me?: Real buy and sell walls exist, but you always need to be vigilant to not get played a fool. Final Thoughts: What to ExpectWith over 167 crypto hedge funds started in 2017 (18 of which closed in 2018), we’ll continue to see an increasing number of pools moving into the crypto market. The cryptocurrency market we see in 2019 may be a completely different beast if there is a substantial increase in volume. While the vast majority of sources indicate there will be, there are still some difficulties posted. On one hand, a Wall Street Journal sampling of 24 funds found an average yield of 3,000% in 2017 – just 2,991.3% higher than the traditional hedge fund return. Keep in mind it only takes a single drop of blood to attract a frenzy of sharks. On the other hand, the relatively bearish 2018 put a wet blanket over any excessive enthusiasm.
-Lex Sokolin, a partner at Autonomous Next, an independent research provider that focuses on the financial sector. That hasn’t necessarily slowed down innovation in the space, just poses a factor worth mentioning that could slow down a rapid onboarding of external capital.
-A representative from Blockground Capital. Ultimately, the increase in volume will lead to less volatility. Until then, we’ll keep seeing the occasional spikes in mid to low-level projects. As always, I encourage you to always do your own research. However, it’s important to note that doing your own research involves having a fundamental understanding of the psychology and operations of markets to really see through the muck. Featured image courtesy of Shutterstock. Read More Crypto Update: EOS Eyes Breakout as Major Coins Settle Down : https://ift.tt/2HsosUAPartner By desimpul.blogspot.com The materials on Desimpul's website are provided on an 'as is' basis. Desimpul makes no warranties, expressed or implied, and hereby disclaims and negates all other warranties including, without limitation, implied warranties or conditions of merchantability, fitness for a particular purpose, or non-infringement of intellectual property or other violation of rights. Further, Desimpul does not warrant or make any representations concerning the accuracy, likely results, or reliability of the use of the materials on its website or otherwise relating to such materials or on any sites linked to this site. In no event shall Desimpul or its suppliers be liable for any damages (including, without limitation, damages for loss of data or profit, or due to business interruption) arising out of the use or inability to use the materials on Desimpul's website, even if Desimpul or a Desimpul authorized representative has been notified orally or in writing of the possibility of such damage. Because some jurisdictions do not allow limitations on implied warranties, or limitations of liability for consequential or incidental damages, these limitations may not apply to you. Accuracy of materials The materials appearing on Desimpul's website could include technical, typographical, or photographic errors. Desimpul does not warrant that any of the materials on its website are accurate, complete or current. Desimpul may make changes to the materials contained on its website at any time without notice. However Desimpul does not make any commitment to update the materials. Links Desimpul has not reviewed all of the sites linked to its website and is not responsible for the contents of any such linked site. The inclusion of any link does not imply endorsement by Desimpul of the site. Use of any such linked website is at the user's own risk. Modifications Desimpul may revise these terms of service for its website at any time without notice. By using this website you are agreeing to be bound by the then current version of these terms of service. A recent regulatory boost from the state of New York is bringing privacy coins back in the spotlight. The cryptocurrency trading platform Gemini is the first BitLicensed exchange that’s actively trading an anonymous cryptocurrency, now that the state’s Department of Financial Services has formally accepted the trading of Zcash. It’s a move that could have big implications for other privacy coins like Monero, Dash, PIVX and Verge. “We are proud be the first licensed exchange in the world to offer Zcash trading and custody services and look forward to providing customers with a safe, secure, and regulated place to buy, sell, and store Zcash, an incredible new form of digital cash,” said Gemini CEO Tyler Winklevoss. The Department of Financial Services released a statement of its own, detailing how the Zcash blockchain works. “The Zcash network supports two kinds of transactions, transparent and shielded. Transparent transactions operate similarly to Bitcoin in that the balance and the amounts of the transaction are publicly visible on the blockchain. Shielded transactions utilize z-addresses and are entirely private. Transactions associated with z-addresses do not appear on the public blockchain. Zcash is the digital cryptography-based asset of the Zcash network, similar to how bitcoin is the digital cryptography-based asset of the Bitcoin network.” Gemini was also granted approval to list Bitcoin Cash (BCH) and Litecoin (LTC) in the future. Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin or cryptocurrency. Your transfers and trades are at your own risk. Any loses you may incur are your responsibility. Please note that The Daily Hodl also participates in affiliate marketing programs.Check Out the Latest Headlines Partner By desimpul.blogspot.com The materials on Desimpul's website are provided on an 'as is' basis. Desimpul makes no warranties, expressed or implied, and hereby disclaims and negates all other warranties including, without limitation, implied warranties or conditions of merchantability, fitness for a particular purpose, or non-infringement of intellectual property or other violation of rights. Further, Desimpul does not warrant or make any representations concerning the accuracy, likely results, or reliability of the use of the materials on its website or otherwise relating to such materials or on any sites linked to this site. In no event shall Desimpul or its suppliers be liable for any damages (including, without limitation, damages for loss of data or profit, or due to business interruption) arising out of the use or inability to use the materials on Desimpul's website, even if Desimpul or a Desimpul authorized representative has been notified orally or in writing of the possibility of such damage. Because some jurisdictions do not allow limitations on implied warranties, or limitations of liability for consequential or incidental damages, these limitations may not apply to you. Accuracy of materials The materials appearing on Desimpul's website could include technical, typographical, or photographic errors. Desimpul does not warrant that any of the materials on its website are accurate, complete or current. Desimpul may make changes to the materials contained on its website at any time without notice. However Desimpul does not make any commitment to update the materials. Links Desimpul has not reviewed all of the sites linked to its website and is not responsible for the contents of any such linked site. The inclusion of any link does not imply endorsement by Desimpul of the site. Use of any such linked website is at the user's own risk. Modifications Desimpul may revise these terms of service for its website at any time without notice. By using this website you are agreeing to be bound by the then current version of these terms of service. In preparation for the upcoming MainNet migration on June 25th, Tron have discontinued all ERC20 services on their website. ERC20 deposits were already halted a few days ago on June 6th and withdrawal services will be discontinued on June 22nd, 12:00 (Singapore time GMT +8). Customers have been asked to confirm their remaining balance on the ERC20 Tron Official Website and withdrawal any remaining funds to one of the many exchanges supporting the Tron (TRX) MainNet migration. There will be a support system for any funds not withdrawn in time and this will be available until December 31, 2018. Tron have been maintaining their usual web and social media presence the past few weeks in preparation for the upcoming MainNet migration. This week has seen them add a number of new exchanges to their support list and take on many applications for the Super Representatives elections later this month. The announcement was made on Twitter by the Tron Foundation:
Image From Shutterstock Read More Tron (TRX) Discontinues ERC20 Services in Preparation For Full Mainnet Migration : https://ift.tt/2HtBqRVPartner By desimpul.blogspot.com The materials on Desimpul's website are provided on an 'as is' basis. Desimpul makes no warranties, expressed or implied, and hereby disclaims and negates all other warranties including, without limitation, implied warranties or conditions of merchantability, fitness for a particular purpose, or non-infringement of intellectual property or other violation of rights. Further, Desimpul does not warrant or make any representations concerning the accuracy, likely results, or reliability of the use of the materials on its website or otherwise relating to such materials or on any sites linked to this site. In no event shall Desimpul or its suppliers be liable for any damages (including, without limitation, damages for loss of data or profit, or due to business interruption) arising out of the use or inability to use the materials on Desimpul's website, even if Desimpul or a Desimpul authorized representative has been notified orally or in writing of the possibility of such damage. Because some jurisdictions do not allow limitations on implied warranties, or limitations of liability for consequential or incidental damages, these limitations may not apply to you. Accuracy of materials The materials appearing on Desimpul's website could include technical, typographical, or photographic errors. Desimpul does not warrant that any of the materials on its website are accurate, complete or current. Desimpul may make changes to the materials contained on its website at any time without notice. However Desimpul does not make any commitment to update the materials. Links Desimpul has not reviewed all of the sites linked to its website and is not responsible for the contents of any such linked site. The inclusion of any link does not imply endorsement by Desimpul of the site. Use of any such linked website is at the user's own risk. Modifications Desimpul may revise these terms of service for its website at any time without notice. By using this website you are agreeing to be bound by the then current version of these terms of service. Although crypto markets are still down over the past month, most of the top ten coins are in the green today, June 7. Market visualization from Coin360 Bitcoin (BTC) is comfortably holding above the $7,600 threshold and inching to a new price point of $7,700, trading at around $7,690 at press time. The leading cryptocurrency, up almost 2.3 percent over a 24-hour period, saw an intra-weekly low just above $7,400, but has since stemmed its losses. Yesterday’s official clarification from the chair of the U.S. Securities and Exchange Commission (SEC) that Bitcoin is categorically not considered to be a security under U.S. law may have gone some way to bolster market confidence. Bitcoin’s regulatory status is evidently more clear-cut than major altcoins Ethereum (ETH) and Ripple (XRP), both of whose representatives have emphatically rejected security classifications, although their regulatory status in the eyes of the SEC remains unclear. Bitcoin price chart from Cointelegraph’s Bitcoin Price Index Leading altcoin Ethereum (ETH) has seen a slightly lower gains of just over 1.3 percent on the day, trading around $606 to press time. Having recovered from its low of $571 earlier this week, the coin has for now reclaimed its ground above the psychological price point of $600. Ethereum price chart from Cointelegraph’s Ethereum Price Index Most of the top ten coins by market capitalization are showing minor fluctuations of within a 2-3 percent range over a 24-hour, as data from CoinMarketCap shows. Of the top ten coins, only Cardano (ADA) is in the red, down less than 1 percent, trading at about $0.21 to press time. Altcoin EOS is seeing the most growth of the top ten coins over the past 24 hours, up over 4.5 percent on the day, trading at $14.20 a coin at press time. EOS is currently ranked in fifth place on CoinMarketCap, with a market capitalization of over $12.7 bln. Yesterday, stock analytics firm Trefis announced they have lowered their Bitcoin year-end price forecast from $15,000 to $12,500, according to their analysis of fundamentals of supply and demand in BTC markets. Trefis pointed to significant recent losses in total BTC transaction volumes across crypto exchanges, and attributed a surplus in supply and subsequent drop in price to Mt. Gox dumping BTC onto exchanges earlier this spring. As of press time, CoinMarketCap data indicates BTC trade volumes of 4.69 bln, down from 7.41 bln one month ago. While markets remain sluggish, institutional actors are making significant headway with their foray into the crypto sphere. Yesterday, one of the largest financial firms in the world, Susquehanna International Group, revealed it would be opening cryptocurrency trading to its clients, initially in the form of Bitcoin futures. The week has also seen news of significant advances among major crypto industry players to bring their operations under the purview of financial regulators. Yesterday, peer-to-peer payments platform Circle Internet Financial Ltd., revealed it is pursuing both a federal banking license and registration as a brokerage and trading venue with the SEC. The news followed hot on the heels of leading U.S. crypto exchange Coinbase initiating its own process to become a fully SEC-regulated broker dealer, through its acquisition of three financial firms. Overall market capitalization of all cryptocurrencies is $346 bln to press time, up about $10 bln on the week. Read More Crypto Market Update: Major Coins Stem Further Losses, With Bitcoin Brushing $7700 : https://ift.tt/2LxVDZlPartner By desimpul.blogspot.com The materials on Desimpul's website are provided on an 'as is' basis. Desimpul makes no warranties, expressed or implied, and hereby disclaims and negates all other warranties including, without limitation, implied warranties or conditions of merchantability, fitness for a particular purpose, or non-infringement of intellectual property or other violation of rights. Further, Desimpul does not warrant or make any representations concerning the accuracy, likely results, or reliability of the use of the materials on its website or otherwise relating to such materials or on any sites linked to this site. In no event shall Desimpul or its suppliers be liable for any damages (including, without limitation, damages for loss of data or profit, or due to business interruption) arising out of the use or inability to use the materials on Desimpul's website, even if Desimpul or a Desimpul authorized representative has been notified orally or in writing of the possibility of such damage. Because some jurisdictions do not allow limitations on implied warranties, or limitations of liability for consequential or incidental damages, these limitations may not apply to you. Accuracy of materials The materials appearing on Desimpul's website could include technical, typographical, or photographic errors. Desimpul does not warrant that any of the materials on its website are accurate, complete or current. Desimpul may make changes to the materials contained on its website at any time without notice. However Desimpul does not make any commitment to update the materials. Links Desimpul has not reviewed all of the sites linked to its website and is not responsible for the contents of any such linked site. The inclusion of any link does not imply endorsement by Desimpul of the site. Use of any such linked website is at the user's own risk. Modifications Desimpul may revise these terms of service for its website at any time without notice. By using this website you are agreeing to be bound by the then current version of these terms of service. In a world first, Andy Warhol’s painting “14 Small Electric Chairs” will go on auction via the Maecenas blockchain platform. The platform will provide the purchase of digital certificates for partial ownership of the painting, with up to 49 percent being offered. Potential buyers can pay in ART tokens or with Bitcoin (BTC) and Ethereum (ETH) at the auction on June 20th. The painting is currently valued at $5.6 million, meaning a 49 percent share would cost approximately 364 Bitcoins. Maecenas is an exchange that provides a platform to buy and sell works of art on the blockchain using tamper-proof digital certificates. The reserve price set for the Warhol painting is $4 million but the final price will be determined by an Ethereum smart contract. The auction is being hosted by the Dadiani Fine Art gallery – a London art gallery that has shown interest in cryptocurrency lately. They began accepting payment via cryptocurrency last year and in January this year, hosted an exhibition in their Mayfair gallery that only accepted payment via cryptocurrency. The art world has had a number or recent forays into cryptocurrency, with a recent series of paintings released in March containing hidden keys to wallets holding up to $9000 worth of cryptocurrency. Image From Shutterstock Read More $5.6 Million Andy Warhol Painting For Auction on Blockchain : https://ift.tt/2Jmj0V2Partner By desimpul.blogspot.com The materials on Desimpul's website are provided on an 'as is' basis. Desimpul makes no warranties, expressed or implied, and hereby disclaims and negates all other warranties including, without limitation, implied warranties or conditions of merchantability, fitness for a particular purpose, or non-infringement of intellectual property or other violation of rights. Further, Desimpul does not warrant or make any representations concerning the accuracy, likely results, or reliability of the use of the materials on its website or otherwise relating to such materials or on any sites linked to this site. In no event shall Desimpul or its suppliers be liable for any damages (including, without limitation, damages for loss of data or profit, or due to business interruption) arising out of the use or inability to use the materials on Desimpul's website, even if Desimpul or a Desimpul authorized representative has been notified orally or in writing of the possibility of such damage. Because some jurisdictions do not allow limitations on implied warranties, or limitations of liability for consequential or incidental damages, these limitations may not apply to you. Accuracy of materials The materials appearing on Desimpul's website could include technical, typographical, or photographic errors. Desimpul does not warrant that any of the materials on its website are accurate, complete or current. Desimpul may make changes to the materials contained on its website at any time without notice. However Desimpul does not make any commitment to update the materials. Links Desimpul has not reviewed all of the sites linked to its website and is not responsible for the contents of any such linked site. The inclusion of any link does not imply endorsement by Desimpul of the site. Use of any such linked website is at the user's own risk. Modifications Desimpul may revise these terms of service for its website at any time without notice. By using this website you are agreeing to be bound by the then current version of these terms of service. |