The launch of the network and EOS ends of the scale ICO to $ 4 billion

EOS has launched its own network and, at the same time, completed his ICO, which lasted almost a year, and which managed to raise a total of more than $ 4 billion.

The new network is a decentralized operating system for large-scale decentralized applications.

This is a major step in the development of the EOS, especially considering all the criticism of the project, which mainly concerns the values of the tokens, and the ability of the project to ensure effective operation of applications.

One of the critics is the Creator of Dogecoin Jackson Palmer, who in April said that:

… People who are excited about the launch of EOS in the near future do not realize that running just means that the code will be available for use. Will not “network” that you can use, and the tokens of EOS will not be something to exchange.

At the time of transition to native tokens of the largest cryptocurrency exchanges that support the transition, has suspended work with EOS. OKEx and Bitfinex has announced that, although the deposits and withdrawals will not be available, trade will continue as usual.

Despite all the criticism, the ICO project EOS outshines all the ICO which took place prior to this, including ICO Telegram, which attracted about $ 1.7 billion.

Meanwhile, the price of the EOS, after the launch of the core network increased by nearly 10% and currently stands at about 13.5$ .

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SVK CRYPTO PODCAST 153 – 01/06/2018 – SVK Crypto the 5TH EOS VC Fund Live from the EOS Launch Party!

https://www.podbean.com/media/share/pb-qm6b5-927290

Welcome to the SVK Crypto, 15 Minutes of Crypto Fame, brought to you by your host, Charles Storry. We provide daily cryptocurrency content and analysis on topics such as Bitcoin, Ethereum, Altcoins and ICO’s.

We not only produce our daily content we feature CEO’s of all exciting ICO’s! Stay tuned to find out more!

If you’d like to stay in touch or get more info from me, please SUBSCRIBE to the channel and spread the good word!

Follow us on Twitter: https://twitter.com/SVK_Crypto

Visit our website: http://www.svkcrypto.com

Email us: cstorry@svkcrypto.com

Telegram: https://t.me/SVKCrowd

SVK Crypto – Daily News Blog

Estonia refuses to issue a national cryptocurrency, but refuses Estcoin

Estonia abandoned its plan to create a national cryptocurrency Estcoin after criticism from the European Central Bank President Mario Draghi and local banking authorities.

Managing Director of the Estonian e-residency Kaspar Korjus proposed to issue Estcoin in August last year. Along with the national virtual currency, Estcoin was to become the official currency of the program e-residency.

How it all began – Estonia intends to create its own national cryptocurrency ESTCoin

In response to these plans, Mario Draghi said in September that: “no member state can introduce its own currency; the Euro zone currency is the Euro.”

Siim Sikkut responsible for the IT strategy of the country, said in an interview for Bloomberg:

We agreed with the politicians that Estcoin will work as a means for transactions within the community e-resident. Other options are not discussed. We do not create new currency “.

Draghi’s position was supported by the Governor of the Bank of Estonia, Ardo Hansson, who complained of “deceptive messages” messages from different government departments about Estcoin.

Read also – the Central Bank of Norway is considering creating a digital currency

Estonia is not the only country that is considering creating its own cryptocurrency. Earlier this month, the Central Bank of Norway, Norges Bank, announced that it is considering creating its own digital currency as a complement to conventional money.

The post Estonia refuses to issue a national cryptocurrency, but refuses Estcoin appeared first on FineCrypto.

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Bitmain uses of BU equipment to build their own miners?

Chinese miners Bitmain criticized for one of the last products of the company – miner AntMiner B3.

According to the message in WeChat from AntMiner, a new product appeared April 25, just a day after the launch of the core network Bytom (BTM).

The cost of the miner is 17.000 RMB (or 2,600 USD) per piece, and the first batch of 25,000 miners B3 was sold out in just a few minutes after the start of sales.

According to the official specs of the AntMiner B3 has a capacity of 750 hashes per second. However, it soon appeared information about the fact that Bitmain has greatly exaggerated the capabilities of the new product.

See also – Bitmain: 25 April will release a new model B3 Antminer for mining Bytom

According to local source, the test is carried out by the Chinese miners showed that AntMiner B3 has a capacity of only 500-600 hashes per second, which significantly reduces the estimated profit (according to the initial statements Bitmain she had to make 47 BTM per day).

In addition to these charges, the local miners also suspect that Bitmain uses used components for the production of B3. According to a message on a local website Zhihu, cooler new AntMiner B3 was covered with dust, which may explain the weak computing power.

All this has led to the fact that the buyer group B3 visited the office of Bitmain in Beijing on Monday to discuss a solution. Following the meeting, the miners said that Bitmain has expressed willingness to make products that have problems with hashing power, but does not intend to return the money for sold equipment and is ready to defend its position in court.

Moreover, Bitmain said that the problem device be less than one percent of all produced up. The company also rejected allegations that she used BU the assemblies of miners.

The post Bitmain uses of BU equipment to build their own miners? appeared first on FineCrypto.

FineCrypto

SVK CRYPTO PODCAST 153 – 01/06/2018 – SVK Crypto the 5th EOS VC Fund!

https://www.podbean.com/media/share/pb-tqp8q-926a37

Welcome to the SVK Crypto, 15 Minutes of Crypto Fame, brought to you by your host, Charles Storry. We provide daily cryptocurrency content and analysis on topics such as Bitcoin, Ethereum, Altcoins and ICO’s.

We not only produce our daily content we feature CEO’s of all exciting ICO’s! Stay tuned to find out more!

If you’d like to stay in touch or get more info from me, please SUBSCRIBE to the channel and spread the good word!

Follow us on Twitter: https://twitter.com/SVK_Crypto

Visit our website: http://www.svkcrypto.com

Email us: cstorry@svkcrypto.com

Telegram: https://t.me/SVKCrowd

SVK Crypto – Daily News Blog

Huobi launches cryptocurrency exchange-traded Fund (ETF)

Trading platform Huobi launches cryptocurrency exchange-traded Fund (ETF) that allows retail investors to access a basket of assets rather than to each individually.

On Friday, June 1, the company announced that the investment tool called HB10 available by subscription, which is only possible cryptocurrency.

According to representatives of Huobi, a new product based on the index Huobi 10, which was recently launched to track 10 different assets on the exchange Huobi Pro in real time on the basis of their market capitalization and liquidity.

The index uses a weighted sample to reflect the overall performance of the market on Huobi Pro. Tracking these data, Huobi proves that HB10 will help to diversify risks for retail investors, giving them access to the main cryptocurrency assets.

The company also added that, since the product will be available for institutional investors, it could potentially “reduce the impact of the institutional entry and exit from the market” courses on cryptocurrencies.

Meanwhile, a representative of the company noted that the new service will be available to investors from China, but not in the US, given the regulatory uncertainty in the country in respect of the ETF related to cryptocurrency.

The post Huobi launches cryptocurrency exchange-traded Fund (ETF) appeared first on FineCrypto.

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Travel the world and pay only cryptocurrency: It is difficult but possible

Two years ago, Felix Weiss, a software developer, was kept in suspense all cryptocurrency community. People with a sinking heart, watched his 18-month journey around the world, during which Felix used only bitcoins.

As more businesses worldwide accept cryptocurrency payments, it seems that to repeat the feat in 2018 a lot easier.

We studied travel services accepting cryptocurrency in order to understand how luxurious or modest will be your journey if you decide to go the route Weiss.

Booking flights

There are several services for the booking of tickets that accept cryptocurrency payments. CheapAir.com online travel Agency in the United States, the first to accept bitcoin in 2013. Service of booking of tickets in now also accepts Litecoin, Bitcoin, Cash and Dash. Platform TapJets added cryptocurrency Litecoin for payment for their services. Now with LTC customers can instantly book private flights directly from your smartphone.

Today, there are many services that allow you to purchase airline tickets for cryptocurrencies. For example Expedia BTCtrip.com, Destinia.com Japanese Peach Aviation, the California-based Surf Air, and AirBaltic and A Bit of Sky from Latvia.

Search residence

It is not difficult. Most travel agencies (including Expedia, Destinia, CheapAir), which allow you to book tickets using the cryptocurrency also allows you to book an accommodation. 99flats.com and cryptocribs provide the ability to pay with cryptocurrency. Depending on what part of the world you are traveling, find a place to stay in the crypt should not be too difficult.

Food

This is a bit trickier. In order to eat for bitcoins you will need to keep track of local restaurants that accept the cryptocurrency. Try to use CoinMap to make sure which restaurant near you accepts the digital currency.

If you are not lucky, there is still the opportunity to buy food stamps for cryptocurrency, using services such as Gyft or eGifter . Local markets in some countries also give you the opportunity to buy coupons for food.

Shopping

Shopping with cryptocurrency does not cause such difficulties as the purchase of food. Use CoinMap to find stores that accept cryptocurrency around you, which is much more compared to restaurants.

What to do if you find yourself in a situation when nobody takes your payments in bitcoin and you do not have cash? Your last hope to find a cryptocurrency ATM.

The number of companies that support cryptocurrencies has increased significantly, but still only travel to the crypt in the pocket is problematic. Well, fans of cryptocurrencies, are you ready to try to go the route of Weiss?

The post Travel the world and pay only cryptocurrency: It is difficult but possible appeared first on FineCrypto.

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Top Crypto News – 01/06/2018

Bittrex Launches USD Fiat Trading

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More Fiat, Less Tether

Bittrex, along with exchanges such as Binance and Upbit, has been gradually weaning itself away from tether, which for a long time was the only dollar-based hedge available. It has been speculated that the desire to list other stablecoins, and to eventually pivot to USD, was partially born out of a desire to be less reliant on the notoriously opaque tether. Whatever the reasoning, Bittrex has now secured the banking facilities necessary to enable fiat-crypto trading, and in Malta Binance is believed to be following suit.

Initially, the Seattle-based exchange will offer the USD paired against BTC, tether (USDT), and TrueUSD. This means that traders can swap between dollar-pegged tokens, which could be useful in the event of needing to send dollars to another exchange, or in the event of a stablecoin slipping from its dollar peg, as previously happened to TrueUSD upon news of its Binance listing.

Bittrex Launches USD Fiat Trading

Bittrex Signs with Signature

Bloomberg reports that Bittrex has inked a deal with New York’s Signature Bank. This will allow corporate clients in certain US states to make fiat deposits. While retail investors will be unable to benefit from this facility initially, Bittrex hopes to eventually roll the service out to all users who reside in states where it is licensed. As of today, May 31, corporate traders in Washington, California, New York, and Montana can make fiat deposits. Due to the restrictions in place, which will prevent the majority of Bittrex’ three million users from being able to participate, USD trading volume is likely to be low to begin with.

Bittrex Launches USD Fiat Trading“It’s been a long path [towards securing a banking agreement],” Bittrex Chief Executive Officer Bill Shihara told Bloomberg. “It’s not just about banks being able to trust Bittrex. It’s about banks being able to trust crypto in general. And I think it’s really showing that crypto is turning the corner in terms of mainstream acceptance.”

“They really do look and pore through the entire business,” Shihara said. “They want to make sure that we’ve got robust AML/KYC processes, that we’ve got the right controls on our finances. They do background checks and everything. They really look at our business soup to nuts.”

Written by Bitcoin.com

 

Review: Ledger Nano S Put to the Test

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The Ledger Nano S Reviewed and Rated

When it comes to judging hardware wallets, there’s no such thing as “best”: everyone has their preferences, and provided the wallet they’ve chosen does the job with the minimum of fuss, it’s likely to become a favorite. Despite the fact that most hardware wallets are little more than glorified USB sticks, cryptocurrency users reserve unusual affection for them. In a digital space, they’re one of the few physical manifestations of the assets we own.

Review: Ledger Nano S Put to the Test

After covering the new limited edition Nano S while writing about Pizza Dayrecently, I FOMO’d into buying one. The “Laszlo’s Pizza” edition is just a regular Nano S in a prettier box, but symbolically it serves as a reminder of how far bitcoin’s come, and of the early adopters who gave BTC the utility that led us to where we are today. Just 1,337 units of the device were released, and I took delivery of mine on Wednesday. Like all Nanos, it comes bearing Ledger’s faux wax tamper-proof seal, reminiscent of the sort of seal that once adorned the king’s letters. As skeuomorphisms go, this one’s pretty neat.

What’s in the Box?

Inside the fetching pizza box, the device itself comes tucked into the “sachet” of red chilli pepper oil, and is finished in a fitting pizza base red. In every other respect, this is just a regular Nano S. News.Bitcoin.com last reviewed one of the devices in 2016, and a lot has changed under the hood since then. Two years ago, BTC, ETH, and ETC were the main currencies it stored; today that list has grown to over 30 cryptos including BCH, ZEC, and ZEN. It also takes ERC20 tokens, which can be managed with the aid of Myetherwallet.

Review: Ledger Nano S Put to the Test
Patience is something you’ll need a lot of while setting up the Nano S

Initializing the device is as simple as plugging in the USB cable (to a thunderbolt port adapter in the case of my Macbook Pro) and then pressing the two buttons to begin. Despite the tiny OLED screen, the text prompts are very easy to read. Ledger’s Get Started page guides users through the setup process. There’s the option to set a PIN code of up to eight digits, but you can settle for less if you’d prefer. Next, you’ll be prompted to write down your recovery phrase.

The 24 Most Precious Words in the World

Most wallet recovery phrases are 12 words long; Ledger’s is 24, displayed one word at a time on the tiny screen. I jot down the miniature essay and am then prompted to confirm it, one word at a time, by selecting from the various words displayed on screen. Each word in the sequence comes with a dozen possibilities to cycle through, so the whole process takes forever to complete. From a security perspective, this is understandable. From a user perspective, it’s a little frustrating, the equivalent of web forms that prompt you to enter your email address twice because they don’t trust you to type it correctly the first time.

Once done, I head over to Ledger’s Apps page and select the Chrome app titled “Bitcoin & Altcoins”. There are separate ones for ethereum and ripple. I install the Chrome app and that’s where I draw a blank. In theory I should just connect and unlock the device to open the wallet management software on my laptop. Nothing happens though, and it’s the same when  I try the Ledger Ethereum Chrome app. There’s nothing in Ledger’s instructions to explain what should happen next, but after playing around for a while I work out that I need to first install the Ledger Manager app. It’d be helpful if Ledger added this step to their setup guide.

Review: Ledger Nano S Put to the Test
Finding the web apps page in the Chrome browser is a lot harder than you’d think

The Spinning Wheel of Death

Via the Ledger Manager, I click to install the BCH app, but it fails to load and I’m met with the spinning wheel of death. Then the software stops even recognizing the wallet altogether. As with Keepkey, the Ledger S is proving a hassle to set up, exacerbated by the difficulty of finding apps you’ve installed in Chrome. That’s due to the poor design of Chrome, which hides apps and extensions away beneath submenus so that retrieving them takes ages. In the end, the only way I can retrieve the Ledger Manager app is by clicking back onto the Ledger site, following the link to the Chrome webstore and then searching for and clicking to launch Ledger Manager app. It shouldn’t have to be this way.

Review: Ledger Nano S Put to the Test
The BCH setup process with the Nano S is extremely confusing

When I finally succeed in launching the Ledger Manager app, it still won’t recognize my Nano S as being connected. I disconnect and reconnect it but still nothing. For the purposes of brevity, I’ll skip the next hour of my life. Suffice to say it involves switching between laptops, Chrome apps, Ledger webpages and various other pop-up windows in a quest to get the wallet working. I eventually manage to install the BCH wallet and send over $ 10 from my Bitcoin.com wallet. It arrives almost instantly, but then the Nano S stops connecting again and I lose interest.

Review: Ledger Nano S Put to the Test
This happened a lot

I know I’m meant to advocate that everyone should store their crypto in a wallet they hold the keys to and keep the bulk of their portfolio off centralized exchanges. And I know that the setup experience for most Ledger users was probably a lot smoother than mine. If I’m to be honest though, I intend to lob the Nano S in a drawer and never use it again. It simply wasn’t worth the hassle.

At €140, my limited edition Nano S might just be the most expensive pizza box bought with BTC since Laszlo Hanyecz.

Written by Bitcoin.com

 

Philippine Bitcoin Wallet App Coins.ph Reaches 5 Million Customers

Capture.Coins.ph, a mobile payment app that offers a cryptocurrency wallet in the Philippines, now has more than 5 million customers, the company announced on its website.

Founded four years ago, Coins.ph operates a variety of financial services, including a cryptocurrency exchange. Ron Hose, founder and CEO, credited the company’s rapid growth to its focus on creating financial inclusion to Filipinos.

Customers use Coin.ph’s apps to access financial services such as cross-border remittances, purchasing digital currencies, topping up their beep stored value card, paying bills and buying “load” (mobile promotional networks) – all without requiring a bank account.

The wallet also announced it is now supporting Ethereum in addition to bitcoin in the interest of offering smart contract based financial services, and next month it will support Bitcoin Cash in order to support lower costing blockchain based payments.

Diverse Financial Services

The company noted that its blockchain based ecosystems allow customers to access a wide range of financial services.

A “Scan & Pay” QR code allows users to earn a 5% rebate up to Php25 at participating merchants that display the QR code. The website lists a number of participating merchants. For merchants, there is no fee for participating.

Customers can cash out using their mobile wallets at 450 participating ATMs nationwide. The service is facilitated by a third party, Security Bank.

The company also offers exclusive promotions on its website, as well as Steam game credits.

Cryptocurrency Exchange

Coinsph’s cryptocurrency exchange, called CX, offers trades for bitcoin, Bitcoin Cash, Ethereum, Litecoin and Ripple. Customers can buy cryptocurrency with Philippine peso, for as low as five basis points (0.05%) in fees per trade based on volume. There are no restrictions on trading volumes.

The exchange’s goal is to reduce the cost of buying and selling digital currency in the Philippines.

Coins.ph secured a certificate of registration from the Bangko Sentral ng Pilipinas, the Philippines central bank, in 2017 to operate as a cryptocurrency exchange, according to the Coin.ph website.

Featured image from Shutterstock.
Written by CCN.com

IOTA Partners With Norway’s Biggest Financial Group, Causing Price to Surge

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Another major partnership has been announced by the IOTA Foundation. After successfully partnering with other major names, a new development is on the horizon. Norway’s DNB has signed a Memorandum of Understanding with the IOTA Foundation. The main objective is to explore new use cases involving IOTA’s Tangle technology.

DNB ASA Explores Blockchain

Strategic partnerships are the key to taking blockchain and cryptocurrency mainstream. In the case of the IOTA Foundation, promotion of the native Tangle technology is one of the main points of focus. This technology has attracted the attention of DNB ASA in Norway. They are the largest financial services group in the country and a key player in the Nordic financial ecosystem.

Over the past few months, DNB ASA has looked into blockchain technology through the R3 consortium. Keeping all options on the table is important in any industry. As such, a MoU with the IOTA Foundation can lead to more innovation and new use cases. DNB Will join the Data marketplace initiative and will actively participate in open innovation activities. DNB’s Head of DLT Lasse Meholm explains this MoU as follows:

“As Internet of Things (IoT) and Machine to Machine (M2M) communication and payment for microservices seem to escalate in the future, we think engaging in a Distributed Ledger based technology like IOTA gives us valuable experience and know-how on future revenue streams and business models. We are looking forward to dive into the IOTA space”

A Big Week for the IOTA Foundation

This latest partnership comes at an interesting time. Earlier this week, the blockchain project partnered with the United Nations and Richard Soley. All of this seemingly confirms there is a great interest in the native Tangle technology. There’s also the mysterious “Q” project, which is expected to be unveiled later this week.

So far, the community seems to be over the moon with this news. It is a major deal for the IOTA Foundation, assuming any proper use cases will be discovered. Additionally, applications and interfaces will need to be developed as well. Even so, forging strategic partnerships can be a major breakthrough for Tangle as a technology.

As one would expect, most people hope this will impact the IOTA price in a positive manner. So far, that has not happened yet, which is only normal. A partnership announcement does not automatically result in new products based on Tangle. Until those projects come to life, the news has a minimal effect on either venture.

Written by NewsBTC.com

SVK Crypto – Daily News Blog

Laszlo Geinitz: “Satoshi Nakamoto was an overbearing paranoid”

So far nothing really is known about the identity of the Creator of Bitcoin under the pseudonym Satoshi Nakamoto. Nakamoto disappeared from the Internet in April 2011, leaving behind only a thin trail of bread crumbs from emails he exchanged with early developers of Bitcoin, comments on online forums and the original White Paper.

Assumptions about the identity of Nakamoto abound, however, this is all conjecture, which only lead to a dead end. One of the developers of Bitcoin Laszlo Hanic guy bought two pizzas for 10,000 BTC, told Business Insider about his correspondence with Satoshi in 2010.

Their interaction started when Haniz that mainil bitcoins on his laptop, and has expressed interest in the development of online development of cryptocurrency. Nakamoto agreed and within a year sent Janicu tasks .

According to Haniza his Association with the Nakamoto has always been “strange”.

I understood that Bitcoin is fascinating and I wanted to participate, but I had a regular job. Nakamoto sent me emails like, ” Hey, can you fix this error?” “Hey, can you do it?”

Hanic told that it was working on a free Bitcoin, and Nakamoto treated him as a staffer.

“— We have a few bugs, — said Satoshi. — We have to deal with this.

We? — asked Laszlo. — We are not a work horse”

Heinitz several times wanted to say: “Hey, you’re not my boss”, but didn’t because he thought the collaboration with Satoshi something meaningful.

Also, according to Laszlo, Satoshi evaded answers to many questions.

Nakamoto seems to have been not too concerned about the development of mining. He concentrated on the community to get as many use cases for Bitcoin in trade. He fully realized that mining will bring true wealth not all users of the network.

Heinitz Satoshi wrote letters with questions and topics for discussion during the week. Nakamoto answered all.

“I assumed that he was busy working on other things,” said Heinitz.

Although Heinitz and Nakamoto worked on a busy, highly technical project together, Laszlo says that Nakamoto has always maintained a veil of anonymity, to such an extent that it has become a strange.

“He or she, or whoever it was, never told me anything personal. I asked a few questions, but he always shied away from them.”

The name Nakamoto of Heinitz, like many others, assumed that he speaks with a slightly eccentric person of Asian origin.

But there were a few letters in which Nakamoto was being paranoid.

“There were a few times when I got messages at all off-topic, but I didn’t pay any attention to them. Who cares what this guy told me to bring pound sand and fuck off? It was not my job, it was a hobby.”

Looking back, Heinitz recognizes that paranoia Nakamoto understood.

“If something happened with the code early on, we wouldn’t have this conversation today,” he said.

Heinitz used to communicate with the eccentric people over the Internet, but its interaction with Nakamoto called his “strange feelings”.

To summarize Laszlo admitted that he deeply respects the project Nakamoto, and the person or team behind the name. According to Haniza Bitcoin today would not, decide Satoshi to remain anonymous.

“It’s exciting because people love a good mystery, but I try to explain that it doesn’t matter who created Bitcoin, he could have at least a psychopathic killer. People like to label the heroes or a villain, but in cryptosphere your code should speak for itself. Charisma and inner world mean little if you’re a developer. Ultimately you will be judged on the quality of your code and your idea.”

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