Author: CoinSpectator

Zichain releases a B2B crypto-fiat processing service  

Zichain launches B2B crypto-fiat processing service and offers clients around the world an opportunity to join the global trend for crypto adoption.

The B2B crypto-fiat gateway  is available for customers from 180 countries and supports transactions with several currencies: EUR, USD, GBP, RUB. The unique difference of the platform is the ability not only to buy, but also to sell cryptocurrencies, withdrawing them to cards. It also offers an industry-leading set of features coupled with an extremely competitive fee structure – the best of known conditions on market.

This latest addition to the company’s ever-growing product range make it easy for any business to provide its clients an easy, automated, fast and hassle-free way to buy cryptocurrencies – a key advantage in the eyes of many customers.

Zichain’s B2B platform is a unique market offer, customized for each client. It offers customers a convenient way to process clients’ payments (including crypto purchases made with credit and debit cards) and to completely automate all crypto transactions. The gateway API is easy to implement into any website and the client’s buying experience is quick and intuitive.

The company expects its new product to be used by a wide range of businesses –  both as those projects that have their own internal token and whose customers need an easy way to purchase, as well those that provide information resources and interested in monetizing their traffic.

Members of Zichain team are distributed over different countries around the world and spent the last year bolstering its positions in a number of different regions. The core market for providing company`s services is Europe – where Zichain has received financial institution licensing from Estonian regulators in March 2018. In Switzerland, company actively supports blockchain-related research and education projects. The company has also built strong partnerships with leaders of Asian market –  second most important vector of expansion after Europe.

Thus, according to its mission, Zichain has created two different directions for two types of clients: Cryptoeye – platform for retail investors  and Zichange – B2B crypto-fiat processing service for institutional market participants.

Zichain CEO, Mr. Khachatur Gukasyan, said:

“As a business with a truly global presence, we have made it our goal to make the new crypto-fiat gateway available to users worldwide. And I am proud to say that we have delivered on this promise – our product can be used by businesses and individuals in more than 180 countries”.

About Zichain. Adhering to the principle of creating an ecosystem of products rather than narrow standalone tools, Zichain offers a range of interconnected solutions making it a new type of financial institution, ready for the upcoming era of the digital economy. The company creates a unique high-quality crypto platform accessible to both retail and institutional investors.

For further information, please, contact: [email protected]

3 Ways to Hedge your Cryptocurrency Risk Exposure

Whether you’re a speculator, investor or gambler, it’s crucial that you minimize your risk exposure. While prices of Bitcoin may be on the rise, the volatile market has many investors worried.

What appears to be a savvy investment now, could be worthless in just a matter of days. To reduce your risk exposure, it’s crucial that hedge against cryptocurrency volatility.

Before we get started however, let’s take a look at what hedging means. Hedging is a finance term that describes the various strategies used to minimize risk from a volatile market. As you may have read through Bitcoin news, volatile nature of digital currency means that your holdings may suddenly fall in value.

With the value of your investment falling below its original price, you stand to make massive loss. By hedging, you can reduce or entirely avoid risks associated with a volatile market. To get your started, we’ve put together a list of 3 effective hedging strategies.

  1. Short selling

Investors and speculators live by the ethos of “buying low and selling high” thus earning a profit on the difference. However, short selling is the direct opposite of this and is often used by traders looking to protect themselves from a decline in prices.

Here’s how a typical short-selling transaction looks like

  1. You “borrow” 1 unit of BTC at USD 8,000 from a broker.

ii Anticipating a fall in BTC prices, you sell this Bitcoin at USD 8,000 to an exchange.

iii. Fortunately, prices of BTC fall to USD 6,000 and you purchase 1 BTC to “repay” the broker.

  1. Despite a fall in prices, you’ve managed to make a cool USD 2,000 from the sale of BTC.

As can be seen, short selling allows an investor to protect him/herself from price fluctuations. However, short selling is not without its share of problems. A sudden rise in prices may result in you losing much more than your initial investment.

Not to be forgotten, exchanges and brokers often charge additional fees for such services. Before you start short selling, you need to find the right balance between a hedging or holding position.

  1. Cash out

While short selling can be an effective method of short-term hedging, it doesn’t always work out. In some situations, the simplest solutions may be the best. Cutting your losses and cashing out allows you to walk away with your original investment and some profit.

By cashing out early, you’ll be able to avoid the crash and have something to show for it. However, liquidating your crypto holdings entirely also should be considered to be a last-ditch option. Should the price of cryptocurrencies improve, you’ll end up losing out on a bull market.

Before cashing out, conduct an analysis into existing market conditions to ensure that your decision is an informed one.

  1. Making use of derivatives

Derivatives are financial instruments typically used in traditional stock markets. These instruments are essential for hedging against market volatility. From futures to contracts and forwards, derivatives are valued on the fluctuating prices of their underlying assets.

Simply, this means that the more volatile the price of an associated asset, the more expensive the derivative. For centuries, derivatives have played an important role in the marketplace.

Derivatives may be in their infancy on the crypto market, but several exchanges have already begun adopting them. A futures contract is a derivative which allows you to buy or sell an asset at a fixed price in the future. Hence, should you predict a fall in crypto prices, a futures contract allows you to sell your cryptocurrencies at a predetermined price.

With some skill and foresight, derivatives will allow you to effectively hedge against any price fluctuations. While they may still be in their infancy, derivatives are sure to make their impact felt in the years to come.

Just like sports betting, investing in cryptocurrency can be a risky proposition for the unprepared. However, with some preparation, you should have no issue riding out the storm and betting on a winning horse.

PwC Blockchain Expert Roman Schnider joins Tezos Foundation as CFO and Head of Operations

The co-creator of PricewaterhouseCooper (PwC) Switzerland’s Blockchain initiative is joining the Tezos Foundation in Zug as Chief Financial Officer and Head of Operations. With Schnider, the Tezos Foundation Board strengthens its operations team in Zug with an experienced investment banking and assurance specialist.

Roman Schnider, Assurance Director of PwC Switzerland will take on the role of Chief Financial Officer and Head of Operations of the Tezos Foundation beginning summer of 2019. 

Roman Schnider joins the Tezos Foundation after nearly 15 years at PwC where he worked in various roles around the world with a special focus on investment banking.  Most notably, in 2016, he launched the department for blockchain and cryptocurrency assurance at PwC Switzerland.

Schnider is especially familiar with the Tezos protocol and Foundation due to PwC’s role as auditor of the finance and business operations over the last year. The Tezos Foundation is the first major blockchain project to work with one of the “Big Four” as their statutory auditor.

“I sincerely look forward to joining the Tezos Foundation” says Schnider. “Together, we will work to serve and support the Tezos community in the most effective, efficient and transparent way possible.”  

Schnider is superseding Eelco Fiole as CFO. “We want to thank Eelco for his contribution to the development of the Foundation and wish him all the best” says Ryan Jesperson, President of the Tezos Foundation.

“As the Foundation continues to provide resources to a growing Tezos ecosystem, the CFO and operations lead will be critical to our success,” notes Jesperson. “Roman’s experience makes him the ideal finance and operations specialist for our team. He is already familiar with the opportunities and challenges blockchain projects face and has a deep understanding of the Tezos Foundation from his time at PwC.”

Ways to Hedge your Cryptocurrency Risk Exposure

Whether you’re a speculator, investor or gambler, it’s crucial that you minimize your risk exposure. While prices of Bitcoin may be on the rise, the volatile market has many investors worried.

What appears to be a savvy investment now, could be worthless in just a matter of days. To reduce your risk exposure, it’s crucial that hedge against cryptocurrency volatility.

Before we get started however, let’s take a look at what hedging means. Hedging is a finance term that describes the various strategies used to minimize risk from a volatile market. As you may have read through Bitcoin news, volatile nature of digital currency means that your holdings may suddenly fall in value.

With the value of your investment falling below its original price, you stand to make massive loss. By hedging, you can reduce or entirely avoid risks associated with a volatile market. To get your started, we’ve put together a list of 3 effective hedging strategies.

  1. Short selling

Investors and speculators live by the ethos of “buying low and selling high” thus earning a profit on the difference. However, short selling is the direct opposite of this and is often used by traders looking to protect themselves from a decline in prices.

Here’s how a typical short-selling transaction looks like

  1. You “borrow” 1 unit of BTC at USD 8,000 from a broker.

ii Anticipating a fall in BTC prices, you sell this Bitcoin at USD 8,000 to an exchange.

iii. Fortunately, prices of BTC fall to USD 6,000 and you purchase 1 BTC to “repay” the broker.

  1. Despite a fall in prices, you’ve managed to make a cool USD 2,000 from the sale of BTC.

As can be seen, short selling allows an investor to protect him/herself from price fluctuations. However, short selling is not without its share of problems. A sudden rise in prices may result in you losing much more than your initial investment.

Not to be forgotten, exchanges and brokers often charge additional fees for such services. Before you start short selling, you need to find the right balance between a hedging or holding position.

  1. Cash out

While short selling can be an effective method of short-term hedging, it doesn’t always work out. In some situations, the simplest solutions may be the best. Cutting your losses and cashing out allows you to walk away with your original investment and some profit.

By cashing out early, you’ll be able to avoid the crash and have something to show for it. However, liquidating your crypto holdings entirely also should be considered to be a last-ditch option. Should the price of cryptocurrencies improve, you’ll end up losing out on a bull market.

Before cashing out, conduct an analysis into existing market conditions to ensure that your decision is an informed one.

  1. Making use of derivatives

Derivatives are financial instruments typically used in traditional stock markets. These instruments are essential for hedging against market volatility. From futures to contracts and forwards, derivatives are valued on the fluctuating prices of their underlying assets.

Simply, this means that the more volatile the price of an associated asset, the more expensive the derivative. For centuries, derivatives have played an important role in the marketplace.

Derivatives may be in their infancy on the crypto market, but several exchanges have already begun adopting them. A futures contract is a derivative which allows you to buy or sell an asset at a fixed price in the future. Hence, should you predict a fall in crypto prices, a futures contract allows you to sell your cryptocurrencies at a predetermined price.

With some skill and foresight, derivatives will allow you to effectively hedge against any price fluctuations. While they may still be in their infancy, derivatives are sure to make their impact felt in the years to come.

Just like sports betting, investing in cryptocurrency can be a risky proposition for the unprepared. However, with some preparation, you should have no issue riding out the storm and betting on a winning horse.

Introducing temtum the purpose built cryptocurrency

temtum, the next generation payments network designed to solve inherent problems with existing cryptocurrencies

2019, London, UK – Following the completion of its Temporal Blockchain and mainnet solution, temtum (TEM) will see the next generation cryptocurrency deliver feeless, instant transactions, backed by a highly scalable, sustainable and quantum secure network.

As leading cryptocurrencies such as Bitcoin, Tron and Ether scramble to develop second layer technology, temtum has been created as a solution to all existing limitations. Using the latest in cryptography and custom designed for mainstream payment adoption, temtum represents a step-change for the industry and a genuine alternative to traditional fiat currency.

Running on a combination of Temporal Blockchain and temtum’s own innovative, patented Consensus Algorithm – of which have been successfully built, deployed and 3rd party security tested – the temtum cryptocurrency (TEM) can be easily integrated into existing payment infrastructures and applications via their developed and released crypto API.

The temtum network surpasses even market leading technology, including the likes of VISA, Bitcoin and Nano. temtum is currently delivering sustained, provable transaction speeds of 1800 tps on a live network across hours, days and weeks, with block times of just 12 seconds – prior to the release of their sharding and delegation technology. The first currency to utilise a quantum source of randomness, temtum is quantum secure and future proofed against the growing threat of quantum computing. Through its patented technology, temtum can run its entire network on a fraction of the energy required to power Bitcoin.

temtum was founded in 2014 by Dragon Infosec CTO Richard Dennis, the world’s youngest cryptography lecturer, and current CISO Dr Gareth Owenson – both world renowned cryptographers in their own right. With a team boasting more than 25 years of cryptography experience, multiple Silicon Valley C-Suite executives and holding the only blockchain PhD worldwide.

Five years of research, 12 peer reviewed published papers and four years of blockchain development has led to the creation of the Temporal Blockchain, the perfect platform for the temtum network.the ground-breaking temtum is not only environmentally friendly but is a technology that has already surpassed the industries latest next layer technology.

Founder and CEO, Richard Dennis MSc, said: “Bitcoin will always have value and the first mover advantage but it’s not fit for purpose.  We’ve seen Bitcoin and many other leading currencies fail to deliver on the promises and expectations. The ambition and ideas are there but with limitations including outdated cryptography, cryptocurrencies have not yet become a utilised payments solution. We’ve purpose built temtum as a network to solve these inherent limitations in speed, security, scalability and sustainability, and completed our network ready for launch.’’

Telegram

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**ENDS**

 More information can be found on the temtum website https://temtum.com, the Introducing temtum blog & in the temtum white paper

For any additional details, or if you would like to speak with Richard Dennis please email [email protected] or call 0207 100 0850.

Enterprises can now rent AI and datasets on the blockchain, through iExec’s new data wallet.

iExec, the company known for bringing exciting new developments to decentralised cloud-computing on the blockchain, have given their fans another reason to wax lyrical about their platform. V3, their major new release, introduces the Data Wallet, a feature that now makes secure data renting possible.

When it comes to upgrades, this is a huge leap for the company, and it brings lots of advantages. iExec’s decentralised cloud marketplace is now faster, more flexible and more secure than ever. Plus it now gives both individuals and enterprises the chance to earn money by either offering a share of their computing power to the platform or their datasets. Their Enterprise Edition in particular will help corporations looking to do business on the blockchain.

With data renting, all data providers are able to list their valuable datasets or AI models, and use them with an application that combines remote computing power through iExec. Whether you’re providing datasets, applications or computing power, every entity has the opportunity to be rewarded on iExec’s decentralised marketplace, and it’s the blockchain that makes this grand vision possible.

Coveted datasets likely to find a home on the platform are trained neural networks, which can be monetised and rented through the Data Wallet. Because of the huge amount of data, coupled with the time it takes to train and optimise these networks, they are extremely valuable, with a wide range of industries looking to pay a considerable amount to have access to them, from those in healthcare, to fintech and cybersecurity.

The old way of acquiring these datasets relied on companies paying subscription fees which meant the dataset creator lost ownership of their data. That’s the great thing about iExec – it creates businesses relationships where enterprises can execute code on a remote machine which is never able to inspect, copy or meddle with the data, with providers able to revoke all access whenever they choose.

iExec’s marketplace offers other advantages too, with V3 providing an array of new technical features to enhance speed and security. Upgrading their distributed computing middleware, the newly named ‘iExec Core’ enables integration with the iExec Trusted Execution Environment solution (TEE), ensuring data is protected when it’s running on remote, untrusted machines. Plus, a dedicated bridge, compatible with sidechains and decentralised brokering, has increased the overall efficiency of their marketplace. Now decentralised oracles can be constructed and provide access to real-world data for blockchain apps.

With V3 introducing iExec Enterprise aimed at businesses, it proposes custom offers to address the distinct needs of different corporations, doing so with paid support and consulting services. They can adapt their package by selecting which sections of it their partners or clients have access to, giving them only the specific resources they need. This is what iExec is doing with France’s biggest utility provider, EDF. Combining distributed computing with blockchain consensus and trusted execution environments, iExec are seen to be a safe pair of hands that gives consortiums exactly what they need to conduct effective business on the blockchain.

ETHFinex announces three new tokens to be listed: Upfiring, AirSwap & Foam

Upfiring, FOAM and AirSwap have won the latest ETHFinex community vote and will shortly be listed on the trading platform.

The community backed ERC20 trading platform, ETHFinex announced the winning projects via Twitter and are expected to be listed this month.

The majority of projects listed on ETHFinex also go on to be included in the main Bitfinex exchange.

Projects that unfortunately did not secure enough community votes were: Loom Network, Tolar, Tripio, Hydro, IoTeX, aXpire, Wisbon, Fetch and Ink.

Mostly surprisingly of all, Upfiring a P2P file-sharing dApp running on the Ethereum Blockchain secured 26.6 million votes beating major VC backed projects. The team and community behind the dApp celebrated the win on Telegram, with the mostly unknown project set to be exposed to millions of traders, investors and new users.

Unlike competitors such as Tron’s tokenization of BitTorrent, the project stuck to it’s roadmap and has long had a fully working dApp.

Peer-to-peer trading network, AirSwap came as the first winner, with 44.8 million votes.

Coming in at second place with 35.5 million votes, FOAM the ‘Proof of Location’ protocol for geospatial data markets” allows users to build a consensus driven, trusted map of the world by securing physical space on the blockchain.

As history often repeats, all three projects will most likely be listed on the BitFinex exchange in the near future.

MediaSmart and NEXD join forces and shake up the industry with a new media partnership

MediaSmart, the company known for helping mobile advertisers run successful campaigns with the aid of data-driven metrics, have teamed up with the advertising technology company NEXD, this month announcing a new partnership. Integrating a range of new rich media tools within MediaSmart’s demand-side platform dashboard, the two companies will streamline the rich media creation process for all of MediaSmart’s customers.

With the new features rolling out to select partners from this month onwards before full access for all customers in the coming weeks, the integration of NEXD’s Campaign Manager and rich media ad creator with MediaSmart’s DSP console will enable customers to rapidly create engaging, elegant, interactive adverts that are lightweight and easy to build using simple drag-and-drop methods.

The partnership comes at an ideal time, as all the data from market research company Statista points to a consistent increase in demand for rich media year-on-year, with the growth set to continue for the foreseeable future. The reason is largely due to the rapid growth of the mobile sector, an area both Mediasmart and NEXD are already well established in.

When it comes to rich media solutions, most use HTML5 to create ad campaigns, with considerable downsides such as slow-loading pages and a limited range of creative options which end up with more of the audience using ad blockers. To combat this, NEXD have created a proprietary, rich media-focused ad framework. Four years in the making, their NEXD Engine overcomes problems associated with HTML5, with solutions that enable faster, lighter media.

Mediasmart CEO, Noelia Amoedo
Mediasmart CEO, Noelia Amoedo

MediaSmart’s CEO, Noella Amoedo, is thrilled about the potential this new partnership offers: “MediaSmart has always been very clear about its position within the mobile advertising ecosystem: full focus on advertisers and the buying process…with NEXD’s technology, Mediasmart can focus on delivering our advertisers the best the industry has to offer without compromising the advertiser experience.”

 

 

NEXD CEO, Erik Tammenurm
NEXD CEO, Erik Tammenurm

Erik Tammenurm, NEXD’s CEO, is also enthusiastic about how this partnership will increase the range of companies who’ll have access to cutting edge tools: “It’s been NEXD’s goal from the start to give much broader access to the kind of rich media creativity previously only accessible to a handful of agencies…we have taken a huge leap towards achieving our goal of accessible rich media ad production for all.’

 

With NEXD’s broad network of offices around the world from London to Singapore and Paris to Tokyo, and MediaSmart’s experts backed by well-known investors such as KOMM Investment and Kibo Ventures, they have the means and the broad client base to make a huge impact.

Creating Anonymous BTC With the BestMixer.io Bitcoin Mixer

Many in the cryptocurrency community are mistaken in believing that bitcoin is anonymous – there is, however, a way to fix it

Let’s get one thing clear from the start – bitcoin is not anonymous. When you use it, even though your name is not attached to your wallet address, your entire transaction history is plainly visible to anyone that cares to look. Furthermore, because of advances in blockchain analysis, it’s become possible to figure out your IP address, name, and physical address – all from your blockchain activity.

BestMixer.io fixes that worrisome situation in its entirety. That’s because BestMixer.io is what is known as a bitcoin mixer – it’s an engine that literally blends your bitcoin with the coins of others for the purpose of creating anonymous BTC that is untraceable by even the best that blockchain analysis has to offer.

Why on Earth would anyone need anonymous bitcoin? Well, the reasons are many, but we’ll highlight the two most important ones.

Your Wallet Addresses Are Being Watched

First and foremost, your wallet address is under surveillance. Government agencies, tax watchdogs, scammers, hackers, blockchain analysts – the list of people and organizations interested in your wallet goes on. They want to know how much you have in your wallet and who you’re connected with. Additionally, thieves are looking for vulnerable wallets to target and empty.

So, what can you do about it? Use a bitcoin mixer.

BestMixer.io takes your bitcoin and, after passing it through their powerful mixing engine, makes it impossible to connect your old sending address with your new receiving wallet. In this way, the lineage from your past to your present is completely broken, giving you a fresh start on the blockchain. No one will be able to know who you’ve sent to, who you’ve received from, and where your bitcoin went after you use a blender.

Blockchain Analysis Can Figure Out Who You Are

Blockchain analysis is a really controversial topic in crypto these days, but that isn’t stopping it from advancing on a daily basis. Firms like Chainalysis are closing record amounts of funding and have become some of the hottest properties in blockchain. That means that more firms are going to pop up on the horizon, and that the competition for advancing the tech is going to increase without pause.

Why is that a problem for you? Well, first and foremost, blockchain analysis can figure out who you are in real life. Yes, in real life. So, if you want to make sure that no one ever figures out who you really are and what your connection to your crypto wallet truly is, then you’d better start using a bitcoin mixer right away.

Moreover, the only blender we can recommend is BestMixer.io. They’ve run tests on other leading blenders and have concluded that no one else is able to provide the blockchain analysis-conquering coverage that they can.

So, before you go sending your next BTC transaction, head over to the BestMixer.io bitcoin blender and get yourself covered with head-to-toe in blockchain-based anonymity. This video manual will help you to understand in detail how to mix bitcoin properly.

Media Contact Information:

BitMix.Biz
Website: Bitcoin Mixer
Tor: Bitcoin Mixer (Tor)
Email: [email protected]
Bitcointalk thread: https://bitcointalk.org/index.php?topic=2099519

Litecoin – New to the Gambling Industry

Litecoin into Gambling Industry

The introduction of Litecoin into the gambling industry was a natural course of actions, taking into account the upward-trending of this cryptocurrency on the market. The gambling industry, particularly cryptocurrency-oriented platforms keep an eye on the newly released digital money that has the potential to grow in terms of volume and value. It’s difficult to imagine any top rated online casino that doesn’t include Litecoin among other blockchain cryptocurrency options. The trend of Litecoin inclusion into the gambling industry got its wings in 2019, and it appears that the newcomer is in for the long run.

The success of Litecoin in Online Gambling

As one of the most impactful aspects of Litecoin’s success in the online gambling industry, it’s important to mention that this particular cryptocurrency mines faster than most of its competitors. The rewards for each block grants 25 Litecoins, however the reward amount declines by half every four years, due to the mining mechanisms. Since the transaction period is shorter than it is with Bitcoin, many players rather choose Litecoin because it takes less for their withdrawal to take place. Furthermore, the fact that it’s accepted payment method in some of the most reliable online casinos, like FortuneJack and other popular online venues deepens the trust of the community towards the popular blockchain money.

Why Gamblers choose Litecoin Gambling

Since online gambling is prohibited in many countries, the anonymity and the information security that blockchain technology provides allows players to enjoy their favorite pastime. Since cryptocurrency-based casinos give you the chance to deposit, gamble and withdraw Litecoin directly from and into your wallet, there is no need to submit any sensitive information that might become a legal liability. Moreover, as opposed to fiat currency, Litecoin transaction fees are the lowest of the low, which keeps the player’s losses to a bare minimum.

What else you should know about litecoin casinos

It’s important to understand that not all of the Litecoin online gambling venues provide the same type of experience. The credibility of the venue is your top priority because you want to know your coins are safe once you deposit the funds. Furthermore, it’s smart to play in online casinos that provide provably fair games so you can rest assured that there is no infringement by any third party.

With each new cryptocurrency, there is a potential for a new addition in the gambling industry. Litecoin is a fast-growing digital currency with a scaling trade volume. It’s safe to say that this latest crypto option is here to stay, at the pleasure of players everywhere in the world.