Crypto 360°

Switzerland’s Stock Exchange Will Offer Cryptocurrency Services in Early 2019 This article was originally posted on The Merkel - with a dedicated cryptocurrency news section and also a variety of educational articles relating to Bitcoin, [...]

My exposé of the UASF backdoor censored by r/Bitcoin moderators who themselves tried to impose a UASF backdoor in the past. Looks like they may be seeing an opportunity to hijack the Schnorr signatures improvement for a second scam attempt after failing to do the same with SegWit.

There has been an update to the CoinEx dividend term period, it is being extended.

Kenya Has Two Weeks To Decide If Bitcoin Is A Legal Tender Kenyan MPs have given the Treasury secretary a two-week deadline by which they must decide the outcome of bitcoin and other cryptocurrencies, precisely regarding their status as legal tender in the nation of 48 million people. The deadline follows a warning issued in April by the Central Bank of Kenya (CBK). The National Planning Committee and Finance have asked agency officials to explain the acceptance of cryptocurrency trading in Kenya, as well as why the Treasury and the CBK were authorizing the free-for-all currencies to be traded and capitalized in with no licensing process or capital gains tax being required, echoing the acquainted situation being seen in nations around the world as government regulators begin to lastly take notice of the flow in crypto trading. In December 2015 the CBK did issue a notice to the public warning the public about the use of digital currencies, stating in the document that “virtual currencies such as Bitcoin are not legal tender in Kenya and therefore no protection exists in the event that the platform that exchanges or holds the virtual currency fails or goes out of business.” The notice goes on to list other risks associated with cryptocurrencies. Cryptocurrency Exchange Currently, Henry Rotich, head of macroeconomics at Treasury, disapproved the instability of cryptocurrencies by directing out the dramatic fall in bitcoin’s value seen over the last several months as an example, which possibly does not augur well for the classification of crypto as legal tender in Kenya. According to Rotich, cryptocurrency is still under review by the government in terms of whether it would be allowed to flourish in the country or be prohibited and regulated, pointing out the potential to facilitate money laundering as one of the primary concerns surrounding the technology. According to CCN, India lately went through the same procedure as Kenya is experiencing now, eventually ruling that bitcoin and other cryptocurrencies were not lawful tenders Must Read recommended by The post Kenya Has Two Weeks To Decide If Bitcoin Is A Legal Tender appeared first on OWLT Market.

Facebook Appoints Evan Cheng As Director Of Blockchain Engineering Facebook has appointed one of its senior engineers Evan Cheng as its first “director of engineering blockchain”. The new position was confirmed by Facebook and signals the company’s importance about the technology. Cheng has formerly been responsible for heading up Software design Languages & Runtimes at Facebook. Preceding to that, he held a 10-year stretch at Apple. His profile also claims that he has an expertise in crypto and blockchain like day job programming languages, runtimes, compilers, night job. According to Cheng’s LinkedIn profile, he helped as the director of engineering for programming languages and runtimes at Facebook for almost three years prior to his new focus on the blockchain, following a 10-year stint at Apple. The company launched a team exactly to discover this emerging technology. Facebook’s long-time head of its Messenger platform, David Marcus, was tasked with leading the team. The news also follows Facebook’s recent ease on a crypto-related ads ban. Back in January, the company disqualified all crypto ads, it has since silently set up an application form for many kinds of crypto ads to get posted in June. Director of Engineering Blockchain The new position is another confirming step that Facebook is easing up on its harsh stance regarding cryptocurrency and is eager to embrace the innovations of blockchain technology The company has very recently lifted its conditions surrounding the ban letting certain types of crypto ads to be posted, signifying a more tolerant stance is developing. In the month of May, Facebook had launched a team to discover blockchain technology. Its long-time head of its Messenger platform and top-executive at Facebook-California, David Marcus, was appointed as head of this team. Marcus is reported to be joined by a few executives from Instagram, a company Facebook also owns. According to Coindesk, Zuckerberg has been spoken about his interest in decentralized technologies. The idea behind his interest is obviously with a vision to apply it to Facebook. Must Read recommended by The post Facebook Appoints Evan Cheng As Director Of Blockchain Engineering appeared first on OWLT Market.

Not sure if it’s been posted on here before but is there anywhere online you could work in exchange for bitcoin? I mean small jobs like proofreading etc?

Chinese Mining Firm Bitmain Valued At $12Bn One of the largest Bitcoin (BTC) mining companies internationally, Bitmain, is now valued at $12 billion succeeding a Series B round of funding. Bitmain upraised between $300 million to $400 million from Sequoia Capital subsidiary Sequoia China, U.S. hedge fund Coatue, and Singapore-based governmental investment fund EDBI. Beijing-based Bitmain had received $50 million In September 2017 in a Series A funding round from Sequoia Capital and IDG Capital. According to Jihan Wu the company’s CEO the company has plans to conduct an initial public offering (IPO) in Hong Kong also, an IPO in the region would be an appropriate means for letting early investors to cash in their funds. On the other hand one of the Bitmain’s main competitors, China-based Canaan Creative, had announced that it would start an IPO on the Hong Kong Stock Exchange in July. Bitmain crypto exchange Bitmain Technologies is a privately held company that develops Bitcoin mining hardware and ASIC chips. The firm reportedly held 70-80 percent of the market for Bitcoin mining hardware in February 2018. Bitmain also operates one of the largest Bitcoin mining pools, Antpool. In 2017, the company was reported to be present in the expansion of Ant Creek mining centers in the U.S. Bitmain had led a $110 million funding round for US cryptocurrency firm Circle, trading desk, a retail-focused brokerage app, a cryptocurrency exchange, and plans to shape a USD-pegged “stablecoin.” Particularly, Sequoia Capital China is presently involved in a legal battle with cryptocurrency exchange Binance based out of Hong Kong who the VC company has sued for allegedly disrespectful an individuality agreement stopping from fundraising discussions held last year. As Coin Telegraph reported, Bitmain has even started designing ASIC marks for wrong intelligence-related applications, and CEO Jihan Wu has stated that this field could account for 50 percent of the company’s income within five years. Must Read recommended by The post Chinese Mining Firm Bitmain Valued At $12Bn appeared first on OWLT Market.

"They will tell you, they are worried, that criminals will use Bitcoin. The truth is, they are much more terrified, that all the rest of us will" (- A. Antonopoulos) ... which is why Blockstream limited the capacity and derailed the project into harmless "store of value".

Blocksize discussion pre-2016: "Hey did you guys notice theres a limit on the block size?" "oh yeah, it's a spam protection" "what are we gonna do when it's not big enough?" "we'll just make it bigger" "oh okay, that makes sense".

"Don't be discouraged if what you produce initially is something other people dismiss ... In fact, that's a good sign. That's probably why everyone else has been overlooking the idea." - Paul Graham

NYSE’s Top Tech Executive Joins Gemini Trust As CTO According to a press release, Former Chief Information Officer of the New York Stock Exchange (NYSE), Robert Cornish joins crypto exchange Gemini Trust Company, LLC (Gemini), as the new Chief Technology Officer (CTO). Cornish will be the first-ever CTO of Gemini, which was founded by the Winklevoss brothers. Earlier Cornish had helped several other senior positions at the International Securities Exchange. Institutional Investor named him as a Trading Technology Top 40 Financial Services executive. In his position as CTO at Gemini, Cornish will look into leading technology initiatives as well as monitor the deployment of Nasdaq’s SMARTS Market Surveillance technology. The deployment of this technology will provide Gemini with the control of its auctions and all its order books. Gemini CEO Tyler Winklevoss in his statement mentioned that Cornish will be ensuring that Gemini continues delivering the best platform experience to its customers. He further stated that Cornish will also be responsible for setting the standards of excellence for the cryptocurrency industry. A recent wave saw Wall Street executives jumping towards digital currency start-ups this year. In line with this trend, Cornish too jumped on the wave of Wall Street executives who were migrating to crypto and blockchain projects. This year saw Priyanka Lilaramani, former Goldman Sachs Executive Director join a Maltese crypto start-up, HOLD, as its new CEO. Likewise, Dr. Rolf Werner, head of Central Europe, Fujitsu joined IOTA Foundation. Last year, former PayPal and Facebook executive, David Marcus was added to the list of Coinbase’s board of directors. As reported by Coin Telegraph, Gemini announced in April this year that it would start offering crypto block trading outside of their regular order books. Investors who are keen on trading on the Gemini Block Trading marketplace are now able to sell and purchase large amounts of digital currencies. Must Read recommended by The post NYSE’s Top Tech Executive Joins Gemini Trust As CTO appeared first on OWLT Market.

ETF Trader Moves Into Crypto Despite Regulator’s Warning One of the major speed trading company in Europe has hopped into the crypto markets, disregarding its regulator’s warnings to customers and organizations not to involve in crypto markets. Financial Markets (AFM) a Dutch Authority has taken a warning stand on cryptocurrencies, stating that there could discourage activities in cryptos both by consumers and professional license holders. XBT Provider, a Swedish crypto ETN issuer mentioned that the flow Traders has radically increased trading volumes. Particularly, market observers believe openly traded notes/funds would make crypto trading more interesting for organized investors as it is a secure and simple way to gain contacts to the exciting new asset class. AFM Demoralizes Activities in Crypto exchange As per Nienke Torensma, a spokesperson from AFM stated that with the virtue of its newness and the secrecy fortunately for Flow Traders NV, the AFM can’t stop firms from trading regulated instruments on regulated exchanges. Flow Traders NV evidently needs to stay on side with the controllers, with Dennis Dijkstra saying that “The biggest thing is keeping the regulators on board.” In spite of continuing disapproval from numerous institutions such as the BIS and the Bank of England, big institutional trading firms have been entering the market even though retail interest has been ebbing since December. Laurent Kssis, managing director at XBT Provider stated that with the increasing interest from institutional clients eager to invest in digital assets, and several proprietary trading businesses are now focusing on this new asset class. XBT Provider is part of London-based CoinShares company. As with most authorities, the AFM wishes a united global regulatory method to cryptocurrencies. In this respect, Malta has been making development while the UK industry body CryptoUK has also been pushing for regulations. With so many jurisdictions, however, drafting their own regulations it may be some time before a unified approach is established a spokesperson said to Crypto Globe. Must Read recommended by The post ETF Trader Moves Into Crypto Despite Regulator’s Warning appeared first on OWLT Market.

Total Market Capitalization Of All Cryptocurrency Exchanges Remains Stable Crypto markets remain to see mixed signals, but hold recent gains Bitcoin (BTC) is puzzling $6,600, trading at $ 6,650 at press time, up just about 1 percent over the 24-hour period. The foremost cryptocurrency holding increases made since June 30, solidly trading above the $6,300-6,400 confrontation level. On the other hand, ETH is also holding gains made during the market uptick June 30, which saw the coin rise up from near $400. The most important altcoin Ethereum (ETH) is up over two percent over the past 24 hours, trading at $470 at press time. In terms of the top gainers, Tezos (XTZ) has seen the most growth over the past 24 hours. The coin is up 9 percent, trading at $1.81 per coin. From the newly reported on the story of the controversial project, which raised up a then record-breaking $232 mln in its Original Coin Offering (ICO) and has since been the subject of numerous controversies. Total market capitalization At present, a complete market capitalization of all cryptocurrencies is at somewhere $269 billion from its intraday low of $261 billion, but down from yesterday’s $273 billion. Ethereum Classic (ETC) is also up notably, seeing 8 percent growth on the day to press time and trading at $18.27. It also stressed the requirement for a balanced financial regulation across the whole country. Over the past 24 hours, NEO and IOTA (MIOTA) have seen the major losses. NEO, that saw substantial growth of around 8%, is going into reverse regarding seven percent on the day and mercantilism at $37.54. The coin has seen a humongous 33.5% growth over the past week. According to data from Coin Telegraph, crypto markets has current gains, with most coins changeable mildly, crypto-related risks are likely to increase with more number of participation from government financial institutions and one of the top ten coins on CoinMarketCap are seeing only slight fluctuations over the past 24 hours to press time. Must Read recommended by The post Total Market Capitalization Of All Cryptocurrency Exchanges Remains Stable appeared first on OWLT Market.

Shouldn't the subs be switched, lol

[RELEASE] Spend and Replace is now enabled on the CashPay wallet!

क्रिप्टो की राह आसान करेगी मलेशियन सरकार व्यापार में क्रिप्टोकरेंसी की उपयोगिता इसके इस्तेमाल को सरल बनाने के लिए मलेशियन सरकार सार्थक प्रयास कर रही  है । जिसका आधार मलाया यूनिवर्सिटी की वो रिपोर्ट है जिसमें आर्थिक विकास में तेज़ी लाने के लिए क्रिप्टोकरेंसी को व्यापक रूप से प्रयोग करने की सिफारिश की गयी है। साथ ही इस बात पर भी ज़ोर दिया गया है की नियामकों में थोड़ी नरमी बरती जाने चाहिए ताकि ब्लॉकचेन और क्रिप्टोकरेंसी के उपयोग के लिए और अधिक लोगों को प्रेरित किया जा सके। नहीं है कोई पाबंदी गौरतलब है कि वर्तमान में मलेशिया में क्रिप्टो से सम्बंधित लेनदेन के व्यापार पर कोई कड़ा कानून नहीं है और न ही अभी तक किसी भी क्रिप्टो ट्रेडिंग पर कोई पाबंदी लगाई है। बावजूद इसके ब्लॉकचेन से जुड़े निवेशक और ग्राहक दोनों संतुष्टि के साथ व्यापार करने में संकोच करते है। इस स्तिथि को दूर करने और ग्राहकों को सुरक्षा देने कि मंशा के साथ मलाया यूनिवर्सिटी ने सरकार को ऐसी रिपोर्ट सौंपी है। जिसमें कहा गया है कि बैंक और वित्तीय सेवाओं से जुड़े नियामकों ख़ास तौर से टैक्स प्रणाली और शर्तों को नए सिरे से सरलता के साथ लागू किया जाए ताकि क्रिप्टो के व्यापार को बढ़ा कर अर्थव्यस्था को मज़बूत बनाने का काम हो सके। ब्लॉकचेन और क्रिप्टो को बढ़ावा क्रिप्टो वेस्ट के अनुसार मलाया यूनिवर्सिटी ने कवांट रेग टेक कैपिटल के साथ संयुक्त रूप से इस रिपोर्ट को तैयार किया कवांट रेग टेक कैपिटल ब्लॉकचेन स्टार्टअप सस्था है जो की ब्लॉकचेन के उपयोग के साथ साथ क्रिप्टोकरेंसी को बढ़ावा देने के लिए कार्य कर रही है। ब्लॉकचेन को लेकर हाल ही में कुआलालम्पुर में एक ट्रेनिंग सेंटर भी स्थापित किया गया है। ब्लॉकचेन विशेषज्ञों का मानना है की 240 पेज कि इस रिपोर्ट को आधार बनाते हुए क्रिप्टो और ब्लॉकचेन के प्रति गंभीरता से सरल नियामक का गठन करेगी। जिससे ग्राहक और निवेशक दोनों को व्यापार में सुविधाजनक रास्ता मिल सकेगा। Must Read recommended by The post क्रिप्टो की राह आसान करेगी मलेशियन सरकार appeared first on OWLT Market.

DHFL Pramerica Mutual Fund Introduces Insta Cash Fund Redemption Option DHFL Pramerica Mutual Fund has launched instant redemption facility for its investors under the growth option of DHFL Pramerica Insta Cash Fund option in Dept Funds category, the fund house announced in newspaper. According to the source, the scheme facilitates their investors for instantaneous redemption through their website. It allows for a minimum redemption of 100 Rupees and in multiples of one Rupee thereafter. All other features of the plan stay unaltered. The date of launching and other details of the instant redemption facility for the liquid fund is not yet clear. Earlier on March 26, DHFL Pramerica Mutual Fund launched daily systematic transfer plan facility under some of its schemes, confirmed a report from the above source. Under the daily systematic transfer plan facility, investors are allowed to daily transfer a fixed amount of their money to any target plan from a source plan. The eligible target plan will be all the open-ended equity schemes, and the source plan falls under the DHFL Pramerica Insta Cash Plus Fund. The minimum instalment amount allowed for all open-ended equity plans except for the fund house’s Long Term Equity Fund will be 100 Rupees and in multiples of 100 Rupees thereafter, with a minimum of 60 instalments. The minimum instalment allowed for the DHFL Pramerica Long Term Equity Fund will be Rs. 500 and in multiples of Rs. 500 thereafter, with a minimum of 30 instalments. In an interview with MoneyControl in January 2017, Mr. Akash Singhania, Deputy CIO and Head Equities, DHFL Pramerica Mutual Fund, said corporate earnings are anticipated to reach 14-15 percent in the succeeding 3-5 years, and that the earnings would remain at 10-12 percent for the next 2 years. Singhania also added that the 14-15 percent earnings growth is possible with entry of GST and with the “clean-up of NPAs in the banking sector,” according to the source report published earlier. Must Read recommended by The post DHFL Pramerica Mutual Fund Introduces Insta Cash Fund Redemption Option appeared first on OWLT Market.

Two New Crypto Exchanges Approved By Philippines Central Bank According to a recent Business World report, the central bank of Philippines, Bangko Sentral ng Pilipinas (BSP), has approved two new crypto exchanges, this Friday. Speaking to reporters, Deputy Governor, Chuchi G. Fonacier said that the regulatory authority has approved the applications that were filed by Etranss and Virtual Currency Philippines Inc. to convert pesos into virtual currencies such as Ethereum and Bitcoin. This takes the number of approved crypto exchanges in the country to five. Betur Inc., also known as Coins.ph was the first exchange that was approved in September last year. A month later another exchange that was approved was Rebittance Inc. Earlier in May this year, Bloom Solutions was approved. It is the third crypto exchange operator in the Philippines. As a move against black money, the Philippines Anti-Money Laundering Council said that it will start to closely monitor all crypto transactions taking place in the country. Earlier the central bank proposed that crypto exchanges need to have separate licenses in order to operate as electronic issuers of money. The council is further analyzing if they need the exchanges to sign up as e-money issuers given the fact that they maintain e-wallets for their clients. Fonacier in her statement this Friday mentioned that according to internal consultations, it may not be advisable to simplify the registration process in a bid for these new players. She said that they are refining the rules further. According to Bitcoin News, crypto exchanges that are signing up as issuers of e-money need to have a minimum capital of 100 million pesos. Also, the existing BSP rules impose P100,000 as the aggregate load limit per month for e-money instruments. The government-owned Cagayan Economic Zone Authority (CEZA) announced last week that it is drafting regulations for cryptocurrencies. It is also planning to license around 25 crypto companies. Must Read recommended by The post Two New Crypto Exchanges Approved By Philippines Central Bank appeared first on OWLT Market.

SIX, Swiss Stock Exchange Operator, Plans To Launch SWISS Digital Exchange Switzerland’s key stock exchange owner and operator, SIX has announced to launch the SIX Digital Exchange. This exchange will be a crypto assets exchange that will be entirely regulated by the country’s central bank and financial regulator. In a statement issued on Friday, SIX revealed its new initiative stating that this will be the first market infrastructure in the world to offer custody service for digital assets, settlement, and fully integrated end to end trading. The blockchain powered platform, SIX Digital Exchange (SDX) will enable the trading and issuance of digital assets. It will also facilitate the existing securities of its clients’ to be tokenized. The SIX head of securities and exchange, Thomas Zeeb mentioned in his statement that the digital exchange will facilitate its clients to settle, trade, and hold custody of digital assets in the same manner as it is presently done in the traditional world on one single platform. This new platform will be subject to the same standard of oversight and regulation from FINMA, Swiss National Bank, and the country’s financial regulator. SIX CEO, Jos Disjsselhof, who is leading this launch of the new exchange, said that this is just the beginning of a new era for capital market infrastructures. According to the CCN report, Jos further mentioned that SIX will also enable its clients to offer their own tokens via initial coin offerings (ICOs) in order to raise funds. Zeeb added that they are building a team of advisors and developers that will assist its clients to create new products and ICOs. The exchange operator pointed out that SDX won’t be used to enable direct trading of cryptocurrencies such as Ethereum and Bitcoin. It will instead introduce traditional financial market participants to tokenize their non-bankable and bankable assets into digital assets. Must Read recommended by The post SIX, Swiss Stock Exchange Operator, Plans To Launch SWISS Digital Exchange appeared first on OWLT Market.

Crypto Exchanges Gain Official Recognition In South Korea As Financial Institutions In a historic move, the government of South Korea has decided to officially recognize cryptocurrency exchanges as financial institutions. A local South Korean publication has reported that the South Korean financial authorities have decided to categorize crypto exchanges as an industry by the name of Cryptocurrency Exchange and Brokerage. Supported by local authorities, trading platforms will now be enabled to perform at a large capacity. The South Korean government has been mulling upon the idea of considering regulating the cryptocurrency sector by implementing practical regulations and policies. This initiative was decided upon especially to prevent security breaches and large-scale hackings from taking place. Post the Coinrail and Bithumb hackings in early 2018, the South Korean government has been quite vigilant. However, the local financial authorities are concerned that if the cryptocurrency market is regulated, the local public would assume that the government has legitimized the cryptocurrency sector. As a result of this thought, the regulation of cryptocurrency exchanges was postponed by the South Korean government. In a turn of events this week, the local publications reported that the South Korean government has reached a common consensus to recognize cryptocurrency exchanges as regulated financial business. This decision will help in creating a new industry that will be dedicated towards cryptocurrency trading platforms. On the flip side, this newly created regulatory framework is likely to have a negative bearing on both investors and trading platforms in the short-term. This is primarily due to the introduction of stricter customer verification policies, Know Your Customer (KYC), and Anti-Money Laundering (AML) policies. It may also need crypto exchanges such as Coinone, Korbit, and Bithumb to overhaul their internal management systems and significantly enhance their security measures in order to be in compliance with the newly introduced policies. As reported in CCN, local analysts are however hopeful that in the long run, this decision to legitimize the cryptocurrency sector will invite retail traders and large-scale institutional investors to enter the crypto market. The government has also planned to alter the existing regulations to facilitate decentralized applications. Must Read recommended by The post Crypto Exchanges Gain Official Recognition In South Korea As Financial Institutions appeared first on OWLT Market.

[Announcement] We're launching Bitreon.cash, a Bitcoin Cash powered content membership platform

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Doesn't a 'fork' of Bitcoin imply that whichever of the forked blockchains is truly 'Bitcoin' is debatable?

I used the Bitcoin.com store today to buy some T-Shirts. Overall great experience, but it did not feel like using cash.