SMS Cryptocurrency Wallet CoinText Continues To Expand Around World

The Cointext SMS Bitcoin Cash (BCH) cryptocurrency wallet plans to expand its presence all around the world. Residents of South America and three more in Europe can now have an access to the service. Last week, the US-based cryptocurrency startup allowed sending Bitcoin and other digital assets with the help of SMS also set process in Brazil as well. Users can now send currency to BCH addresses or cell phone numbers even if there is no internet connection, no extra accounts or the requirement to download any apps.

In order to send Bitcoin to other address this new text message-based payment procedure is very simple and flexible. According to CoinText’s CTO Vin Armani, the SMS resolution will give support to many users to considerably increase the approval of crypto because of the straightforwardness of transactions.

In regards to the latest introduction of SMS cryptocurrency wallet into the Slovenian market, Armani highlighted that Bitcoin Cash is tremendously prevalent with local businesses. In Slovenia, BCH has the maximum merchant adoption rate in the world, as stated in Today website.

Since the company launched the service in March 201, Cointext has quickly extended all over the world. Cointext has started offering its SMS BCH wallet in Brazil, Poland, Croatia and Romania. Other locations that at present has supported include the U.S., Canada, South Africa, Switzerland, Sweden, Netherlands, the U.K., Germany, France, and much more. The firm seems to grow at such a rapid pace, as it aims to add Poland, Croatia and Romania. These countries will bring everyone closer in connecting the entire continent of Europe, Armani said.

As per the report published in Bitcoin News, Cointext’s end-of-year goal is to allow every 740 million residents of Europe to SMS currency through cryptocurrency wallet to each other’s mobile for pennies. CoinText also revealed that the phone doesn’t require apps or logins, and it works on any type of mobile phone including iPhone, Samsung, and even old Nokia flip phones.

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Financia Business School Partnered With Coin Capital Accepts Cryptocurrency Payments As Tuition Fees

Financia Business School, an institute of higher learning of finance and business studies in Paris, have recently planned to accept cryptocurrency payments as tuition fees with the help of the partnership with Coin Capital. It is now offering study programs and courses on cryptocurrency technology to help students find it easy to pay their tuition fees using cryptocurrencies. The degree-granting institute is also the first school in France to accept bitcoin (BTC) payments.

Established in 2014, the Financia Business School offers postgraduate courses such as a master’s in business administration (MBA) and other finance-related post-bachelor degree programs. As mentioned, Financia also has offered courses to study developments on blockchain and developing fintech.

Numerous of the institute’s graduates work for huge Paris-based financial institutions. Financia Business School has linked itself with the increasing list of universities and colleges all over the world who have started accepting blockchain and cryptocurrency programs and courses.

With the acceptance of cryptocurrency payments, Financia Business School has relieved the procedure of money transfer issues for the registered students. But then again for these global students, it has empowered the school to start accepting such plans and have suggested transactions, as stated in Crypto Line news.

Financia’s acceptance of virtual currency fees could be the first of a wave as legacy institutions of advanced learning remains to show interest in blockchain technology. In Britain, the London School of Economics lately launched a course titled “Cryptocurrency Investment and Interruption.” While a research in the U.S., in the month of September 2018, showed that 9 percent of U.S. apprentices throughout the globe have taken a blockchain-related class and 26 percent wish to take up the course.

Cryptocurrency payment platform also includes mobile wallet and payment gateway. An August 2018 study established that from the world’s most respected higher learning institutions, Stanford University has been providing the most blockchain and cryptocurrency courses. As per the report published in Bitcoin News, the study also recognized that 42 percent, at present, take up one blockchain or crypto-related class. This educational interest agrees with a quickly increasing industrial demand for blockchain and cryptocurrency talent. The study reveals that blockchain-related occupations in the U.S. upsurged to 300 percent and 50 percent in Asia in 2017.

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Conceptual Design For World’s First Floating Town Through Cryptocurrency Market Project Gets Cancelled

Conceptual design for world’s first floating Town via cryptocurrency market project gets recently canceled. Blue Frontiers aims to build an ecosystem of products and services to promote sea level rise resiliency, sustainable development, and societal innovation. At present, it is still in talks with government administrators in French Polynesia who it says are passionate about a seastead, or floating city, in the terrain. But then again it has had to give out the refunds for Varyon, the cryptocurrency it issued one billion units of to power the economies of any seasteads.

Blue Frontiers in a statement mentioned that after few delays it had decided not to present a hazardous and time-consuming cryptocurrency. It further stated that Varyon might continue an essential part of its ecology and the reserves held by Blue Frontiers might be vended or dispersed at a later date.

Pacific floating island group new cryptocurrency market project would contain building ecological floating platforms in a creek that could deal a response to the challenges of increasing sea levels and maintainable development. As per Lauren Tincher, head of marketing for the group initially, the plans had been to place a fluctuating city in Tahiti, but the discussion between Blue Frontiers and the administration mentioned in Radionz, was to placing on looking out for an appropriate location off the coast of the additional island.

Using a cryptocurrency called Varyon the platforms may offer a basis for homes, offices and substructure to inspire the formation of vivacious communities and discover new methods of living together. At the same time, The company wishes to endorse revolution in digital and marine technologies by generating an eye-catching destination helping from its exceptional framework.

As per CNBC, the cryptocurrency market project is subsidized via humanitarian donations through the Seasteading Institute and Blue Frontiers, which sells tokens of the cryptocurrency Varyon. The pilot island is anticipated to be finished by 2022 with a total expense of $50 million.

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DeClub Macau Will Not Issue Or Work Towards Any Cryptocurrency Activity In Macau

DeClub which is a casino organization company out of Macau has connected with Malta-based investment firm Wide Rich Global Company to bring blockchain and gambling closer together. However, it recently announced that it will not directly engage in cryptocurrency activity in Macau. Agreeing to a white paper authored by DeClub, via an online platform, the corporation also wishes to create a DEC app that will let the users of the tokens to host games. According to the company, it wants to work closely with supervisors, such as the Coordination Bureau, the Macau Gaming Inspection and PAGCOR of the Philippines, to stand by indigenous laws on the matter.

The company’s representative mentioned that since as per Malta’s laws, it has dedicated to offering its users a safe, lawful and amenable platform which reverences the laws of every functioning country and area that the firm is going through. The company is completely agreeable to collaborate with the authority for licensing and are willing to discuss anything of their problems.

Cryptocurrency activity ad blockchain technology which has numerous potential use cases in the real world. DeClub along with Malta-based Wide Rich Global Company Ltd. Will be issuing 10 billion DEC tokens through the ICO, which will launch for pre-sale in mid-November. By adopting blockchain technology, the casinos intend to establish a consumer-centered betting platform, as stated in Macau Daily Times.

DeClub was launched in 2017 by Kennis Wong, the former CEO of junket group Jimei International Entertainment. Presently the firm supplies specialized mass gaming area membership management services to the Macau market.

At approaching cryptocurrency activities and ICO, Wide Rich will be offering a utility token to its holders that will further provide buyers rights to host, show, and capitalize in cash lending pools. As stated in Casino, Dragon Corp considers its actions will avoid Macau’s cryptocurrency gambling ban the reason being as per the firm it acts only as a wallet the casinos themselves never come into touch with any digital currency. Dragon Corp will, however, make payment of casinos in old-fashioned currency for the developing chips its deliveries to its gamblers.

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PeruCoin Starts Operations To Create Awareness Of Cryptocurrency And Blockchain Among Peruvians

PeruCoin has been aiming to give Peru the benefits other countries receive from cryptocurrencies. The country continues to suffer from a low adoption rate when it comes to cryptocurrency and blockchain technology. Though numerous countries openly hold the wealth, security and freedom that comes from cryptocurrencies, that’s inappropriately not the case everywhere. In Peru, cryptocurrencies are still non-tradeable and the cryptocurrency markets suffer from reputational problems.

Lack of access to crypto-markets to pure ignorance about this new-age economy is one of the reasons for such miserable performance so far. However, experts from Bits2U are preparing to change that, starting with the launch of PeruCoin. The PeruCoin is designed to meet the needs and requirements of Peruvians. Additionally, the creators of PeruCoin also have strategies to create cryptocurrency mining farms through many countries to put Peru on the world fintech map.

With the ICO route, PeruCoin has decided to promote by the originators of country’s well-known crypto platform, Bits2U, will be powered by its namesake token Perucoin (PERU). The new blockchain technology and cryptocurrency will be obtainable across numerous exchanges and individuals can buy it with a range of various payment selections. As per NewsBTC, the payment channels have been made available on the website. Users during the token sale in the campaign can purchase PERU with numerous altcoins, BTC and fiat currency.

Promoting the knowledge of cryptocurrencies, the PeruCoin is presently functioning towards supporting the token exchange over Bancor Network. The policy will use about 30 percent of the mining revenues to buy its native tokens from the crypto-market.

As per CoinStaker, after the adoption of blockchain technology, PeruCoin will soon open the doors of opportunity to businesses and organizations PeruCoin ecosystem delivers, the perfect chance to endorse education and information about the cryptocurrency industry in Peru. With the help of Ethereum network, PeruCoin ERC-20 token is created to trail all the privacy and security principles of ERC-20.

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Electronic Giant Sony Unveils Cryptocurrency Hardware Wallet To Store Bitcoin And Other Digital Assets

Electronics giant Sony has industrialized technology that it helps users of cryptocurrency to store their assets more strongly and that equipment may just be coming soon to store near you. The Japanese tech corporation recently announced that its Computer Science Laboratories division (Sony CSL) had industrialized a cryptocurrency hardware wallet that might be used to supply Bitcoin and additional digital assets in a protected disconnected environment at the same time holding the suitability of less guaranteed online crypto storage systems.

Unlike traditional crypto hardware wallets that attach to the user’s PC or mobile device using a USB cord, for example, Trezor One and Ledger Nano S, Sony CSL’s wallet might store the user’s private keys on a contactless IC card, allowing the user to easily sign connections from an NFC-enabled mobile device.

The wallet is an infrastructure technology with this IC card-type cryptocurrency hardware wallet technology not only crypto transactions but also operates private key used for other resolutions, such as those for allowing the use of individual information using blockchain technology.

The release further noted that this type of wallet card would have “multiple possible applications,” including allowing a user to sign a blockchain transaction authorizing the use of their personal information, as stated in Sony CSL.

Sony’s development of cryptocurrency tech does not seem to be a simple research project or as is often the case, an example of a company looking for to position itself as a modernizer in cutting-edge technology, even though it has no plans to change its research into real-world products and applications.

Besides cryptocurrency hardware wallet which is a special type of Bitcoin wallet that stores the user’s private keys, as of today Sony has used IC card technology in its FeliCa cards, where a chip and an antenna are inserted in each product. Thus, according to the FeliCa, enabling transactions in around 0.1 seconds. According to Cryptovest, earlier this week, Japanese financial services company, SBI Group had also announced a plan for the development of a special wallet for its VCTRADE crypto exchange.

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Crypto Exchanges And Owned Wallets See Reduced Criminal Activities

With attention in cryptocurrency, investment has been increased, and security has also on other hand is recovering. At present, the only thing that’s sure is that criminal activities for immediate cryptocurrency have injured the legality of digital cash. However, the US Drug Enforcement Administration (DEA) in the month of August 2018 had stated that Bitcoin-related crimes have decreased to 10 percent of transactions, even as transactions themselves have grown extensively. That’s definitely a positive thing for the most prevalent cryptocurrency by market cap.

Compared to 2017, as per the US cybersecurity firm CipherTrace, there has been an upsurge of 350 percent increase in the cryptocurrency robbery rate during 2018. Based on the firm’s analysis, about $927 million has already been taken from various other exchanges at the time of the first three quarters of 2018 and which may go to $1 billion by the end of 2018.

Criminal activities that are presently aiming cryptocurrency exchanges is growing gradually. However, recently, Switzerland-based exchange Trade.io got hacked by the North Korean hacker group known as Lazarus, in the past two years which has allegedly involved in 4 incidents. According to Quoc Le, co-founder of QUANTA, hacking and other highly revealed illegal activities remain to delay the adoption of cryptocurrency by the mainstream, as reported by Investing.

Lazarus group claimed to hack over 14 exchanges. SEC has already expressed. It’s also one of the major reasons for which it has been slow to support cryptocurrency-related ETFs.

The idea of criminals changing to cryptocurrency as a substitute to cash has become a convention type of a central argument used by those serious for Bitcoin’s future. Watchdogs too have set about undertaking the apparent custom of cryptocurrency for illegal dedications, which is connected to so-called intimidation and money laundering.

Criminal activities lend themselves to cryptocurrency through money laundering and illegal operations. As per a report published in Cointelegraph, in mid-July 2018 at a U.S. House public meeting on digital assets, Andreessen Horowitz managing partner Scott Kupor recommended that Bitcoin is law administration’s best friend” due to the capability to know illicit transactions on the blockchain.

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Total Crypto Market Capitalization Remains Stagnant Falling Back To $208 Bln

The collective crypto market of all cryptocurrencies has recently taken a plunge. There has been another unimportant decrease in cryptocurrency markets however there is nothing notable. The indirect channel is still complete and from past ten days, complete market capitalization is at the same level.

There has been no movement in the Bitcoin, the largest cryptocurrency by market cap, and it is still with a price of $6,490 for a week. While no movement is bad for day traders, it is virtuous for a complete constancy and dropping that instability that the organizations keep testy about.

It’s a long, painful same thing for the crypto market from its January peak, and while everything’s possible in crypto, presently there’s no end in sight. Ethereum, on the other hand, is still decreasing where it again lost by one percent taking ETH down to $202. In the month of September 2018, the price of one ETH was nearly double; two months ago it was nearly triple that amount.

Over the past seven days Zcash has made 8 percent but from one month there is no gain no loss as it has been trading at the same price all together again. As stated in NewsBTC, South Korean traders are all over ZEC Bithumb taking over 50 percent of the volume in KRW. Bitcoin Diamond and Decred, are losers today, dumping around 12 percent. The cycle remains with variable altcoins but none can hold on to their improvements at present.

According to Charlie Lee, the developer of Litecoin, Bitcoin is not negative as it can always be traced back to where it came from. He further stated that Bitcoins were involved in transactions where they were sheltered, the speech for those Bitcoins can be banned for stopping future transactions, the news was published in AMBCrypto

The future for Bitcoin, Ethereum and other crypto market seem to be indeterminate. The downtrend may end if the SEC agrees positively on a few proposed Bitcoin ETFs; a bad decision or more postponement would likely mean a further weakening in price.

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Ripple Co-founder Larsen Invest In New Cryptocurrency Through David Chaum

Digital currency pioneer David Chaum is launching a new cryptocurrency project called Elixxir. Elixxir, is a famous cryptographer and was launched during Consensus Singapore, with ripple’s cryptocurrency. Chris Larsen even announced a successful strategic investment round from lead players of the blockchain world. The aim of this new firm is to fulfill the dream of decentralization first announced by Satoshi back in 2008 by allowing the citizens of the world to message and manage firmly without having to worry with speed and other similar problems.

Elixxir is the project has received a planned investment from Chris Larsen, the co-founder of blockchain startup Ripple and, by an asset of his Ripple equity and outstanding XRP holdings, one of the richest persons in cryptocurrency. As per Chaum, the industrial innovations in Elixxir are game changers for blockchain adoption. These innovations could actually meet the needs to go to customer scale.

Since the project will be supported by Ripple cryptocurrency co-founder, Elixxir gears an reverse of the old-style blockchain model, wherein dealings are combined into blocks and then processed by validating nodes. Chaum further stated that blocks will in its place be produced prior to operation batching, letting the network to process payments rapidly, even at scale. According to the firm, they value the experience that Chaum has in the area and this ability for innovation, which will be used to make a brighter future for the industry, as stated in CCN.

Elixxir has been launched for only 10 days, however, the company already has more than 1,500 interested parties that wish to be a part of the corporation’s nodes and 500 developers have confirmed that they are curious in developing applications for their new companies.

Chaum’s work on digital currency, dating back to the early 1980s, remains applicable and appropriate. As per Bitcoin Magazine, though Bitcoin itself does not hire blind signatures, topping and confidentiality layers on top of the Bitcoin procedure. Of course, Chaum and his team have much faith in their expertise as well.

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Circle CEO Jeremy Allaire Urges Governments To Coordinate On Regulation of Cryptocurrency

Circle CEO Jeremy Allaire has advised G20 leaders to make worldwide valid and agreed to cryptocurrency self-regulation. This comes as the Paris-based Financial Action Task Force (FATF) seems on the edge of creating global standards to match the use of cryptocurrency in money laundering. The government has been studying its method toward an industry that has been hit twice by large-scale burglaries. Japan in 2017 was the first country to regulate cryptocurrency exchanges because it had inspired technological invention while safeguarding customer protection. Exchanges have to register with FSA.

Both the regulator and the industry were criticized after about $60 million was stolen from cryptocurrency firm Tech Bureau Corp in September. Before the incident, the company was slapped with two business improvement orders by FSA following the theft of $530 million in digital coins at Tokyo-based cryptocurrency exchange Coincheck Inc in January.

Yuri Suzuki, the senior partner at law firm Atsumi & Sakai, said the self-regulation body rules are stricter than the existing law and she expects them to aid the industry to recover public trust. As per FSA, there are 16 approved crypto exchanges. FSA has not decided or given any new approval from December 2017. Yuri stated that they are looking into more details than before. In that sense, the endorsement procedure has become harsher, as stated in Reuters.

As per Jeremy Allaire, the rules do not go far enough, calling on administrations to also address ICOs themselves and make rules nearby market operation on exchanges. The FSA on recently even published a set of rules for those applying to run crypto exchange.

The agency declared that there are 160 individuals expressed interest. As stated in News BTC, Japan holds self-regulation, Europe is largely tolerant of crypto but lacks a lawmaking agenda around it. Pakistan, Vietnam, Saudi Arabia, and Bangladesh, among others, have acknowledged bitcoin strictly unlawful.

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Ukraine Lawmakers Propose Tax Breaks On Cryptocurrency Investments Strategy

A recent draft bill introducing tax breaks for businesspersons and corporations dealing with cryptocurrency investments strategy has been filed in Ukraine’s parliament, the Verkhovna Rada. The writers of the bill have called for tax exceptions for individuals working in the sector by the end of 2029.

The bill was recorded at the end of September 2018, and it drew an altered definition for many definitions terms in the industry, such as classifications for cryptocurrencies, the blockchain, mining, and tokens. In regards to this request, the exemptions for taxes will contain any income that persons and groups achieve from deals including cryptocurrency.
MP Yuriy Derevyanko is part of the anti-corruption Movement of New Forces. The main bill for cryptocurrency taxes just offered a tax exemption till 2024. Despite of a 0 percent tax on cryptocurrency-related interactions, it gave a 5 percent discount for entities, and an 18 percent discount for profits relating to businesses.

However, Ukrainian lawmaker Yuri Derevyanko is, particularly against the new cryptocurrency investments strategy bill. As per him, 0 percent tax rate would inspire the development of the cryptocurrency market in Ukraine and open the door for new investments. As per him, this will make conditions for the cryptocurrency industry to become a dangerous component of the country’s economy, as stated in Bitcoin News.

Three drafts have already been introduced in the Rada since last October, as well as one altering the country’s tax code to include crypto taxation. As per Devcoins, however, no important progress towards their adoption has been reported so far, in spite of their passing through numerous relevant parliamentary committees. A significant feature of the new law is the purpose to dismiss the state from any duties related to the misunderstanding of crypto-to-crypto trading.

Ukraine has been spoken about their wish to create a national digital currency, but in association to the local fiat currency already in place. New Ukrainian bill is proposing tax exemptions on cryptocurrency investments strategy, however, in June, the Ukrainian police found six false cryptocurrency exchanges, for which they arrested four men. However, the users on these exchanges were enquired as well at a later time.

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Albanian Govt Contemplates Over Regulation Of Cryptocurrency Framework

With the objective to make a regulation of cryptocurrency environment while similar showcase better and better-quality competitiveness/leadership in the Balkan Region of Europe, Prime Minister of Albania Edi Rama emphasized on that the gov is open to new expansions and methods to entice investments. On October 22, 2018, Mr. Rama stated that Albania could now become a center for investors to target and be part of the rebellion that virtual money could get.

The administrators are already working on drafts and valuations to present regulation proposals. Rama further stated that his administration had already expected considerable research on the subject. Pending fortunate results from the valuations finished, the country will begin to promote itself as a central hub for businesses dealing with cryptocurrencies.

It is well understood that the country’s government is pointing to become the next Island of Malta which offers a friendly regulation of cryptocurrency space for startups and companies in general. Despite the annual long tanking and bad stance held by Albania’s Central Bank, this marks a date of boarding into a fresh page of staff modernization. As per the report published in Tirana Times, the ACB and the Financial Supervision Authority unceasingly cautioned traders or depositors of crypto-risks and it never approved a company to issue its virtual coin.

The institution even went on to say that investments were the duty of individuals, along with delivering a reminder to the community that the Albanian Financial Supervisory Authority has delivered no licenses for corporations generating and allocating virtual currencies.

In exploring the allegations of digital regulation of cryptocurrency, Albania joins the likes of Malta, Gibraltar, and Switzerland. As per News BTC, these places will then give strong competition for the Western Baltic state – mainly given that the likes of Binance has already moved to Malta and Gibraltar has licensed its first cryptocurrency exchange as part of its revolutionary lawmaking programme.

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JFSA Hosts International Cryptocurrency Roundtable On Supervisory Oversight Of Crypto Assets

The highest financial regulator in Japan, the Financial Services Agency, recently held an event called Roundtable on supervisory oversight of crypto-assets and regarding the policies on cryptocurrency around the world. This discussion would contribute to reinforcing international cooperation. In total there were 15 countries that were selected to get included in the group, talking about the various regulatory subjects that each of these areas faces in the world, however, the actual countries included were not announced. According to the agency, members have spoken their readiness to contribute in similar roundtables in the future.

However, the point of the group was not to establish extensive laws or even to control the best laws for each economy but to share info on tests faced by individual regulatory authorities and controlling frameworks as well as to co-operate and work globally. The JFSA has decided to establish recurring study group meetings to keep strong communication about regulations in the cryptocurrency industry.

In regards to crypto-assets, there were four subjects that came up during the discussion, including the challenge involved with crypto-related technology developments, the supervision of crypto trading platforms and how the group could collaborate with each other.

On October 19th, they held their seventh session, where they discussed results trading involving cryptocurrency. As per Bitcoin News, the margin trading was, after all, about 80 percent of the transactions that occurred last year in cryptocurrency in Japan. Also, the discussion at the meeting was the issue of whether there must be a limit for considered dealers or there should not be.

As stated on CryptoNewsz, in the meeting, the Japan Virtual Currency Exchange Association proposed a self-regulatory measure of warning the control to 4x in place of 25x leverage which some crypto-assets currently offer. The association which includes of members from 16 regulated cryptocurrency exchanges in Japan, is presently waiting for certification from the JFSA to be able to apply self-regulatory rules on its associates.

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Current Share Market Of India’s Largest Airline Indigo Surges To 43.2 Percent

India’s largest passenger airline IndiGo Airlines with a market share of 39.5 percent as of March 2018, is soon preparing to fly higher and wider by expanding its operations. According to data released by the Directorate General of Civil Aviation, the current share market in the month of September 2018 surged to its uppermost on capacity addition. This country’s largest airline, operated by InterGlobe Aviation Ltd., rose to 43.2 percent from 41.9 percent as compared for the month of August 2018, which compares with listed peers SpiceJet Ltd. and Jet Airways (India) Ltd.’s share of 12 percent and 15.8 percent, respectively, during the month.

The DGCA data even showed the number of passengers increased 19 percent on a twelve-monthly basis to nearly 1.14 crore in September 2018, the development in the aviation market was chiefly led by IndiGo. The economical carrier’s passenger growth stood at 34 percent—the highest in 20 months. Passenger growth for IndiGo’s peers, however, continued set for at least 5 straight quarters. Festival season demand, developed capacity addition and lesser rates increased the airline passenger traffic in India, the world’s fastest-growing flight market.

The utilization, passenger weight factor for IndiGo dropped 250 basis points to 82.7 percent in September. However, its current share market rosed instantly. SpiceJet’s passenger load factor fell for the fourth straight month to 93.2 percent. However, as per Bloomberg, the airline succeeded to report volume utilization at more than 90 percent for 41 months in a row.

The whole debt for IndiGo is aircraft related. ,” InterGlobe Aviation stated in a press release that IndiGo does not have any working capital debt. The firm further announced its results post market hours on Tuesday. The share price of the airline settled 0.80 percent up at Rs 817.10, as stated in The Economic Times.

Besides the rise in the current share market, according to the company’s co-founder and interim CEO, Rahul Bhatia, in spite of the problematic environment, IndiGo remains well-situated thanks to the less expense structure and tough balance sheet

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Johnny Depp Collaborates With TaTaTu Social Entertainment Cryptocurrency Platform

Over the last few years, many superstars have attached their names to cryptocurrency platform projects. The most current instance is that of Floyd Mayweather and DJ Khaled being sued for promoting an ICO that turned out to be a scam. That being said, the latest project to bring a celebrity on board appears legit, raising $575 million in a pre-sale earlier this summer. That specific project is TaTaTu.

TaTaTu is a social entertainment cryptocurrency platform managed by Andrea Iervolino and they have brought aboard a reknowned Hollywood star, Johnny Depp. The platform uses tokens, which are traded on the liquid exchange, to pay users and creators.

This cryptocurrency platform is demanding to create fresh new content, as well as purchasing properties outright. It is emerging a biopic on Lamborghini that stars Antonio Banderas and Alec Baldwin.

TaTaTu has lately bought a written film on William Friedkin, the director of film classics like The French Connection and The Exorcist. This will be an exciting partnership. The details of how much content each side has to bring out and by when have not been confirmed. Still, it is exciting to have somebody as well-known as Johnny Depp getting involved in a cryptocurrency-focused platform, as stated in Hollywood Reporter.

According to the company’s announcement TaTaTu trades on cryptocurrency exchange Liquid and uses token to pay creators and users. The company recently closed a $575 million token pre-sale this summer. TaTaTu gets a lot of promotion by having Depp join the package. He’s one of the world’s most identifiable Hollywood stars. As for Depp, he gets a new income stream that he’s deeply in the requirement of. He has been included in a long-running claim with some ex-lawyers/managers. As per Tatatu website, the company is the only platform that rewards users for viewing premium content and shares promotion revenue in a system that is fair and clear.

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Rookie Digital Asset, Ravencoin (RVN) Marks Seven Day Volume Price Surge Within Last 24 Hrs

Just days after refurbishing Binance’s exceptional listing fee policy, Changpeng Zhao (CZ), the world-renowned CEO of the Binance project, unpredictably exposed that his platform will be adding a rookie digital asset, Ravencoin (RVN).

Following the release of this unexpected development for the project, which was divided off of Bitcoin in January 2018, RVN saw a huge flow in purchasing pressure. Ravencoin saw a strong move to the upside. It has made it obvious that within the last 24-hours its seven-day volume price increased of as much as 61,929 percent, with a trade volume increase of 55 percent. This comes as a result of the coin pumping over 250 percent after its listing on Binance.

Digital asset, Ravencoin (RVN) also verified high volume trading in the past 48 hours, handling to record 79 percent trade appreciation of about 37 million US dollars. At the same time, its market cap approximately pumped up from 37 million US dollars to its present 64 million US dollars.

The name Ravencoin has been inspired from the well-known tv series, Game of Thrones. The designers behind Ravencoin planned to make the cryptocurrency an open-source project that lets the users the capability to state their essential assets on the system. As per Global Coin Report, the network itself is clear, decentralized and more prominently impermeable secure.

However, specialists consider that Ravencoin’s present price surge may only be an opening, as the coin’s team released a mainnet announcement on September 30. Global Coin Report previous report also stated that the mainnet was said to be launched towards the end of October, with the launch date later being arranged for October 31.

Ravencoin created from an open-source fork of the default Bitcoin code that enables well-organized allocation of digital assets amid entities. It was established with this comprehensive functionality in mind as a substitute for Ethereum’s ERC20 and Bitcoin transfer procedures.

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Quidax To Educate Nigerians Understand About Blockchain And Cryptocurrency

Quidax, a European based assets exchange platform, has recently launched its operations in Nigeria. The company, in a statement, mentioned that the trading platform has an easy, protected and all-in-one interface that lets users trade six cryptocurrencies and in the next three months it will expand to more than 20. According to the sources, the company aims to educate the Nigerians to understand blockchain and cryptocurrency. Quidax will soon be the largest exchange operating in Africa as the cryptocurrencies to be traded will include Ripple, Litecoin, Bitcoin, Ethereum, Bitcoin Gold and Bitcoin cash.

According to the firms CEO for Africa, Buchi Okoro, the introduction is in line with the corporation’s mission. Besides the most exchange platforms, Quidax takes away the tediousness of running between minimized phone apps, thus it handles and provides users a selection of assets if they wish to purchase and sell. The all-in-one advantage of the policy has seen users moving users to sign-up for trades on their platform.

He further stated that the firm was set up to allow individuals to trade cryptocurrencies effortlessly with local currencies with the aim of offering liquidity and tools to control cross-border payments back and forth developing markets. He advised investors to take the benefit provided by the appearance of blockchain and the significance of knowing it, as stated in Vanguard.

The company’s mission to offer customers a pleasant crypto trading experience. They can open an account for free and start trading. Quidax as a company wishes to give an opportunity for as numerous of the Nigerians who are wanting to become a part of the users using the modest, safe and unified edge that will document users to be able to buy and sell cryptocurrencies.

As per Wujup Naija, the firm is strongly getting itself involve heavily in blockchain and cryptocurrency education so that people in Nigeria accept this knowledge which is currently not present in the country.

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WinMiner One-Click Crypto Mining Solution Gives High Security And Immutability Of Blockchain

After the release of Bitcoin, mining has been the only method to make additional cryptocurrency. Crypto mining is also the aim for the high security and immutability of the blockchain. Cryptocurrency was originally intended to be totally dispersed and to stop a particular expert from having full control over the system. Vertex Ventures, the venture capital support of Temasek Holdings Pte, stated it made an asset in digital asset trading platform operator Binance to grow a fiat-to-cryptocurrency exchange in Singapore.

WinMiner has been presented in order to give the control of mining back to the public. It has brought an exclusive platform which allows everybody to professionally attach and to enhance unused computing power through a comprehensive cryptocurrency mining algorithm. Disparate from other initial coin offerings, which is yet to develop their product portfolio, WinMiner arrives the market with a provably positive solution and currently has more than 190,000 people.

WinMiner will also soon be launching its WinMiner token on the Aion network, making it the initial token sale on the procedure and an essential method for both projects. Aion’s ability to support the huge and continually increasing user base of WinMiner in a profitable manner is yet another one of the project’s strong points. There will be an option given to the users to dedicate their mining earnings to purchase WinMiner token, as reported in Bitcoinist.

Each token holder will be offered with an Aion wallet. Thus users will be given a choice to start their mining earnings to purchase WinMiner tokens. This would give them a large bonus of 40 percent that could be reserved for bigger investors.

About WinMiner

WinMiner was started by Ariel Yarnitsky, entrepreneur and former ICQ executive and Speedbit CEO and Idan Feigenbaum. WinMiner is a platform for crypto mining, the money-making crypto coins that can be done anytime. As per WinMiner website, with WinMiner you can effortlessly begin mining and help turn your unemployed computer power into cash or crypto.

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Armenia Opens $50 Mln Bitcoin And Ethereum Mining Farm With Help Of 3,000 Machines

A cryptocurrency mining farm has started in Armenia on October 18. Using 3,000 machines there will be strong Bitcoin and Ethereum mining for the $50 million farms. Further 120,000 miners are anticipated to be added in the coming months. The nation’s initial mining project, launched in the Armenian capital of Yerevan, is headed by Armenian real estate investment company called Multi Group Concern and Malta-registered Omnia Tech International Company.

The opening ceremony was attended by the country’s Prime Minister Nikol Pashinyan as well as businessmen from China, South Korea and the United Arab Emirates. According to Armenian entrepreneur and head of Multi Group, Gagik Tsarukyan stated that at the ceremony that $50 million had been invested into the farm. The first floor of the farm is made for an IT business center with around the clock operating services.

On the other hand, Sedrak Arustamyan stated that it would aid Omnia Tech to create a Financial Technology Park with a data exchange center in Armenia. Multi-group and Omnia Tech are considering to invest more than $2 billion in the near future for Ethereum mining projects. Presently, the country is looking to make its own silicon valley with a state-of-the-art technology center in a free economic zone, according to the news stated in Bittmint.

In August 2018, Russian company Kriptoyunivers had announced that it had converted a former fertilizer laboratory into an Ethereum mining operation. The center, which chains the mining of Bitcoin and Litecoin, was constructed over 4,000 square meters of land in the town of Kirshi near St. Petersburg, where a total of 500 million rubles ($7.4 million) were invested. Though Moscow has broken the lash on unlawful efforts at cryptocurrency mining, as stated in Bitcoin news, Russia is still the third largest cryptocurrency maker in the world after China and the United States.

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Russian Church Fined One Mln Rubles For Utilising Sizeable Amounts Of Energy Towards Bitcoin Mining

A local utility company in Russia ordered a church to pay higher electricity rates, in line with Russia’s existing lawmaking. A Zealous Church in Irkutsk, Russia, which approved illegal bitcoin mining, has been told to make a payment of one million rubles fine, which is equal to $15,000. According to the sources the church came under the disbelief of authorities because it was using a big amount of energy, which let the surrounding areas to develop adversely affected.

The examination allowed officials to the mining process to run within a building lent by the church. Consequently, the administrators forced the church authorities to pay the electricity bill, which totaled 1 million rubles ($15,000).

This examination took place somewhere in the month of May till August 2017 when a power firm in Russia, Irkutskenergo, noticed that its electricity consumption raised at a higher speed. At the start of August, the consumption increased to two million kWh. Additionally, the local church stated that the huge electricity consumption was due to the central heating system and its printing office equipment.

However, the Irkutsk Regional Arbitration Court lined against the church, stating that the greater charges were simply lucid, as stated in CCN. However, this is not the first time that a group has been doing bitcoin mining when it mustn’t have in Russia, as Russian engineers at the Russian Nuclear Center are facing illegal charges for using a processor to mine bitcoin earlier this year.

One of Canada’s backwaters, Quebec, also decided to make electricity expensive for digital currency miners. According to Hydro-Quebec, it was looking for a technique to deal with the invasion of miners in the authority.

There have been a number of instances of much greater bitcoin mining facilities powered by stolen electricity. As stated in Crypto News Review, similar cases can be seen elsewhere. For instance, in Florida, one of the workers of the state’s Department of Citrus was under arrest having some connection with crypto mining. In March, two former government employees of Crimean were fined 30,000 rubles for apparently mining cryptocurrencies. Given the extreme electricity demands in cryptocurrency mining, hiding it from authorities is showing rather tricky.

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