CoinSpectator Blog - Page 26 of 54 - Cryptocurrency insight and everything in between.

Former CEO of Visa UK to Lead Crypto Startup

Marc O’Brien, former CEO of Visa UK, a key advisor of Revolut and one of the United Kingdom’s leading payment services experts, has been appointed CEO of Crypterium, the world’s first mobile crypto bank.

Marc has over 25 years of experience in Financial Services, FinTech and RegTech.

He has been a long time advisor to MasterCard before joining Visa, where Marc held a number of significant positions, including 6 years as CEO of Visa UK and Ireland, company’s second most important market. During Marc’s time as CEO, Visa’s business doubled from $250 to $600 million with market share of debit card payments increasing to 97%.

Marc also started and led the contactless technology programme in the UK and with Transport for London from the very beginning to its multi billion transaction rollout.

After leaving Visa in 2014, Marc has been a key advisor on some of the most exciting startups in the UK, including Revolut where he was advising CEO and team on product strategy, growth strategy, and marketing. He was effectively the third person in the team after the two founders.

Recently, Marc also advised the UK’s Royal Mint on the possible creation of a Gold backed Crypto Token.

Following the global search by Sheffield Haworth, Marc will now lead the launch of Crypterium App that will let its users pay with cryptocurrencies with the same ease and convenience as with cash or credit cards. Users will be able to issue virtual cards, link them to Apple Pay, Samsung Pay or Android Pay, bind them to their crypto accounts and pay at any NFC terminal, or via scanning the QR codes.

“I am delighted to be joining Crypterium at such an exciting time. I strongly believe that cryptocurrency is about to go mainstream and we can be pioneers to build Crypterium into a terrific business,” says Marc.

“We are genuinely very excited by Marc’s appointment. He brings the experience and know-how to build a global banking solution that will have no peers,” adds Austin Kimm, COO of Crypterium.

Blockchain Powered E-commerce Platform Elysian Looks to Build Trust between Businesses and Consumers by Redefining Security and Efficiency

Elysian, a blockchain based startup, is all set to create a relationship of trust between the businesses and consumers in e-commerce like never before by addressing the most common shortcomings of this thriving industry. This decentralized ecosystem will drastically transform the standard e-commerce business model by ensuring faster delivery, secure customer data storage and identity theft protection.

Elysian is making quick inroads towards their pursuit to deliver a decentralized e-commerce platform with innovative security and revolutionary user experience. A blockchain based ecosystem, Elysian will be the first e-commerce platform to integrate blockchain for the secure storage of all customer data and utilize the technological advances such as Artificial Intelligence and Virtual Reality to deliver an unprecedented user experience.

Business to consumer (B2C) e-commerce is a massive global market, expected to generate global sales exceeding $4 trillion by 2021. However, the lack of trustworthy cyber security, primarily in the form of identity theft, remains to be a serious concern for the industry. Moreover, the cryptocurrency enthusiasts all over the world are still waiting for an e-commerce platform that will accept cryptocurrency in exchange for all their products and services. From an overall perspective, till now, the industry still has much room for improvement in terms of user experience, specifically by integrating new types of technologies.

Elysian makes e-commerce trustworthy by creating an improved level of data storage security by using the Proof-of-Authority algorithm. This will ensure the creation of an ecosystem with a private blockchain to store encrypted credit card information and other user data securely over a distributed network. With the application of Artificial Intelligence and Virtual Reality, it will allow shoppers the freedom to shop at home in an intimate environment and still enjoy a level of engagement that is similar to an in-store experience. Built on the Ethereum network, the Elysian system will be fuelled by the ELYCOIN (ELY) tokens.

Elysian clients will be able to use the platform for their own businesses, providing an upgraded level of functionality. In case of businesses that will enter the space in the future, the platform will act as a foundation. Elysian will essentially function as an intermediary between their own clients and their target consumers. The third-party agencies will also be able to host their current clients’ platforms on Elysian.

In order to promote engagement and interaction between the Elysian team and the community, the Elysian growth pool has been designed. The percentage of tokens allocated to this pool is integrated into the ecosystem in a way that provides a legitimate utility for the token. Unlike many other crypto startups, Elysian has created a model for community expansion by prioritizing the relationship between the team and the supporters through the growth pool.

Elysian has recently partnered with Lamden, a promising blockchain platform that helps developers create blockchains and applications. Another mutually beneficial partnership was signed recently with a marketing-based blockchain integration project named Sether. Some other key partners of Elysian are the decentralized payment network Havven, blockchain development agency Applicature, blockchain consultants Linhart, and IdentityMind.

Elysian is the brainchild of a team of e-commerce and cryptocurrency experts led by the organization’s CEO and founder Leo Ameri, a technology entrepreneur with successful stints in multiple e-commerce stores. The company’s impressive line-up of advisors includes Stuart Farmer, the CEO of Lamden and Logic Labs Ltd, serial entrepreneur Geoffrey McCabe, fintech advisor Graham Doggart, blockchain advisor Anders Larsson, and many others.

The long-term business model envisioned by Elysian will serve as the gateway to the future of Ecommerce, with the implementation of technological advancements that may even lead to a hyperbolic growth.

“People need to understand that Cryptocurrencies are nothing without us, but united we are unstoppable. Whoever ignores this fact isn’t ready for the future of transparency,” said Leo Ameri, the CEO and founder of Elysian.

To find out more, please visit https://elycoin.io/

About Elysian: Elysian is an innovative new decentralized platform that will use the Ethereum blockchain to secure customer data, facilitate Ecommerce transactions, and drastically change user experience. The integration of smart contracts and blockchain technology will ultimately provide a higher level of security in the realm of Ecommerce. The interoperability of the platform will serve as the basis for future scalability and sustainable growth.

Contact: Ioan Hategan – CMO

Website: https://elycoin.io/

Email: [email protected]

Bitcoin, Ethereum, and Blockchain Super Conference II Promises to Reveal New Profit Opportunities from the Next Bitcoin Bull Run

DALLAS, TX – In February, the Bitcoin Ethereum and Blockchain Super Conference brought together hundreds of cryptocurrency and blockchain enthusiasts, investors, and leaders. Now, the organizer and host, Richard Jacobs, is hosting a second conference at Dallas this September.

Mr. Jacobs says the Bitcoin, Ethereum & Blockchain Super Conference II will disclose new information – revealed by select industry leaders – that elevates cryptocurrency and blockchain investment opportunities to the next level.

Tickets for the conference are available now.

“Before I even made it home from the first conference, my inbox was overflowing with emails asking when we were having a second conference, and how they could secure a ticket early”, said Mr. Jacobs.

“Right then, I knew we had a responsibility to take everything to the next level.”

Mr. Jacobs took the overwhelming response seriously. The new conference, coming to Dallas this September, is appropriately dubbed the Bitcoin, Ethereum, and Blockchain Super Conference II.

Richard Jacobs, the organizer of the Bitcoin, Ethereum & Blockchain Super Conference II, is also the publisher of Future Tech Podcast, Crypto News Insider, and the author of the book Bitcoin, Ethereum, and Blockchain: Surprising Insights from 200+ Podcast Interviews of Industry Insiders.

The main focus of this second conference will be on the next bull run of Bitcoin, which, just like with the 2017 bull run, could happen at any moment. This time around, informed investors who buy in early before the price shoots could be the next class of “crypto millionaires”.

Tickets are on sale at the Super Conference website:

https://www.thefuturetechexpo.com/register/

###

Press contact:

Richard Jacobs

[email protected]

(888) 448-4590

About the Bitcoin, Ethereum, and Blockchain Super Conference II:

This three-day conference will be held at the Kay Bailey Hutchison Convention Center in Dallas from Friday September 14^th to Sunday September 16^th, 2018. We are expecting more than 1,000 attendees, at least 50 headline speakers, and upward of 50 exhibitors – with talks from founders, developers, and early-stage investors of cryptocurrencies and blockchain startups, including many that are planning ICOs throughout the last quarter of 2018 and 2019. The focus will be on the next crypto market cycle.

More information is available at:

https://www.thefuturetechexpo.com/register/

Amazon partners with Kaleido in bid to harness blockchain

Amazon is one of those companies that seem to have a finger in every pie at the moment and their new blockchain partnership could be one of their tastiest ventures yet.

Amazon’s cloud computing arm has partnered with a start-up called Kaleido, which will now make it easier for customers to put their services on blockchain.

Amazon Web Service said that introducing Kaleido to their customers “is going to help (them) move faster and not worry about managing blockchain themselves.”

The new partnership, which was announced on Tuesday, will see Kaleido give AWS an easy route to get into the same tech area that underpins many cryptocurrencies.

Amazon Web Services offers a cloud computing platform to individuals. It is a paid subscription service and its methods thus far have been to use a partner-led strategy instead of building from the ground up.

As one of the most influential companies in the world, many onlookers have noted that this move will give a massive boost to blockchain’s public reputation.

For those of you that don’t know how it works; blockchain technology records transactions on a public ledger, which is underpinned by blocks of transactions. Fans of the technology state that this system gets rid of the need of a third party and insist that it is more secure and quicker than its competition.

Joseph Lubin, the founder of Ethereum blockchain, reckons this is a sizable move by Amazon.

The pair will be using Ethereum’s tech, so it’s interesting to read Lubin’s thoughts. He said: “This is a heavy duty, full stack way of getting the company into blockchain solutions.”

Lubin added that the recent rise in interest in blockchain has been almost comical. He stated: “Three years ago we were getting calls from companies trying to spell blockchain and trying to order one in a color because their boss told them they should get a blockchain. At this point there are tens of thousands of companies around the world that have real sophistication around this.”

Steve Cerveny, a founder of Kaleido, insisted that this move will make it much simpler for customers of AWS. He said: “They can focus on their scenario and they don’t have to become PhDs is cryptography, we give them a simple platform to build their company on blockchain.”

Cerveny told CNBC that Amazon has been looking to get into this service for a while, stating: “They’ve been looking for partners to help get blockchain into their customers’ hands. They’re putting it in the marketplace will accelerate what their customers are going to do with it.”

“Introducing Kaleido to AWS customers is going to help customers move faster and not worry about managing blockchain themselves,” Amazon Web Services insisted.

Blockchain’s incredible rise into the mainstream is hitting an all-time high, with Amazon joining the likes of Microsoft and Facebook in a bid to explore the benefits of the technology.

Brazilian city will pioneer Blockchain tech for public transport

Teresina, a city located in the Brazilian state of Piauí will be the world’s first to utilise blockchain technology to manage its public transport infrastructure, paving the way to a smart and futuristic municipality.

The innovative project named “Mobility Observatory: blockchain for the co-management of public transport” will aim to increase transparency by storing records such as fulfillment orders, transactions, travel reports and work orders on the blockchain, all fully accessible to the public. The data will be permanently stored on the blockchain and cannot be altered or modified without changes being tracked.

It is being developed by the Municipality of Teresina through the Municipal Secretariat of Planning and Coordination (Semplan) and Agenda 2030. It is also in partnership with the Municipal Transportation and Transit Authority and the Organization of States (OAS), through its School of Open Government, and the Hyperledger Foundation.

The project has received a €300,000 investment from various funding programmes including the European Union.

“The City Hall of Teresina has made all the investment in the infrastructure part, such as construction of terminals and corridors, so we need to know if the operation of their system is adequate and how we control the operation. already does this monitoring, but we are looking for something more technologically advanced, so we have elaborated a proposal that could improve public transportation in its management” said Gabriela Uchoa, Coordinator of Agenda 2030 in Teresina.

“This innovative project of Teresina that systematizes this management of the operation and makes it transparent, open to the population, in a system that is the blockchain, that can not be modified, altered.Any modification that is made is tracked.The idea is to create a committee of co-management and monitoring of this data and validation of them and all this part of the operation that involves collective transportation is monitored through the blockchain system, “explained Gabriela.

Aiming to transform Teresina into a smart, futuristic and sustainable city, the blockchain in public transportation will bring to the municipality the increase of reliability among those involved in the transportation system and service improvement; sharing responsibilities for the proper functioning of public transport and increasing its efficiency; in addition to prioritizing public transport to have an impact on the reduction of greenhouse gas emissions.

Stratis Makes Smart Contracts On Blockchain Easy For Developers and Enterprise Via C# and .NET Simplicity

Stratis, the company making blockchain easy, today announces their Stratis Smart Contracts in C# alpha release.

Stratis Smart Contracts in C# is designed to be the most inclusive and easiest-to-learn platform for developers, businesses and other organizations.

Smart contracts are self-executing contracts capable of storing and distributing funds, cutting out any third parties, i.e. bankers, escrow services or stockbrokers. Terms between buyers and sellers are directly and securely written into lines of executable code. Through these pre-defined terms, the code and any agreements therein will then be governed across a distributed, decentralized and immutable blockchain network.

Stratis has engineered the first smart contracts platform built entirely from the ground up in native C# on the .NET framework, the most popular enterprise programming language on the most widely-used enterprise framework. This makes Stratis smart contracts easier to integrate into existing enterprise architectures by removing any barriers presented by new, proprietary computing languages. Additionally, Stratis will soon provide support for the functional programming language F#, particularly popular in the finance sector.

The current and potential uses of smart contracts are wide, including (but not limited to) auctions and peer-to-peer lending to investment funds, insurance settlements, real estate transactions, domain name registries, copyrights, and digital property ownership.

“We believe smart contracts are one of the backbones of blockchain as a transparent, decentralized marketplace, and that the more inviting you can be to get people to join that marketplace, the faster blockchain will be adopted,” says Stratis CEO Chris Trew. “Our foundation in C# and .NET programming broadens the world of smart contracts immediately, and we look forward to seeing what people do with it.”

Several other blockchain companies have launched smart contract offerings, but required development in an entirely different programming language or a new digital ecosystem with new languages, decompilers and integrated development environments (IDEs). Stratis Smart Contracts in C# builds upon an established and popularized framework, language and ecosystem. Therefore, it is more readily poised for wider adoption as a smart contract standard.

“Stratis believes blockchain will change the world, and we are creating products that make this new world as inclusive and welcoming as possible,” Trew says.

“Stratis Smart Contracts in C# is designed to welcome developers.” Stratis Smart Contracts in C# has been made available for download on Github here:

https://github.com/stratisproject/StratisBitcoinFullNode/tree/sc-alpha The Stratis Smart Contracts in C# release comes a week after Stratis’s production-ready ICO Platform and marks another essential milestone for Stratis’s Q2 2018 roadmap.

Watch Stratis CEO, Chris Trew, and Stratis Developer, Jordan Andrews, discuss Stratis Smart Contracts in C# here: https://youtu.be/dx_iCKGX6kc

To read more about Stratis Smart Contracts visit: https://stratisplatform.com/2018/05/16/stratis-smart-contracts-in-csharp/

A Game-Changing Blockchain Powered Insurance Provider

The use of blockchain in the insurance sector has been one of the major areas of interest as it has the potential to streamline the entire process, starting from buying a policy, to investigating incidents and fulfilling the claims. With the involvement of agents, middlemen and other third-party players, the sector currently lacks transparency.

Vernam, a decentralized peer-to-peer insurance platform is striving to overcome the shortcomings of the present-day insurance market by creating the world’s first zero-commission insurance on blockchain. The platform eliminates the involvement of brokers to provide a cost-efficient, data-driven, and transparent solution which could potentially bring savings of up to 30% on insurance premiums for customers.

In the past few years, the $4.57 trillion (2016 data) insurance industry has exhibited an average steady growth of about 3%, driving by rising demand for policies among individuals and businesses alike. However, its full potential is not tapped, thanks to the lack of transparency, corrupt and inept brokers and the prevalent culture bent on fleecing the insured. With the rising mobile phone density, developments in Artificial Intelligence and smart contract driven P2P technologies like blockchain, insurance companies can now directly deal with their customers while automating a significant portion of industry functions.

Purchasing Insurance, the Vernam Way

Vernam is in the vanguard of redefining the way people access insurance. The platform is keen to connect insurers directly with the people who would like to be insured. In the process, it eliminates the need for middlemen and their commissions. These savings, amounting up to 30% of the costs can then be passed on to customers in the form of cashbacks. Vernam is driven by its own Vernam Tokens (VRN), which acts as the preferred mode of payment on the platform. Customers who purchase insurance on the platform will receive cashbacks in the form on VRN, which can be later exchanged to fiat or used for VRN denominated purchases.

More Game-changing Products for the Insurance Sector

Vernam is keeping up with the evolving technology landscape and changing customer needs. The platform plans to introduce an insurance product that allows users to insure their crypto-assets over smart contracts. The product, to be called CryptoSafe will help cryptocurrency users mitigate their risk against specific losses.

Speaking during an investor briefing, the CEO and Co-Founder Roman Angelov

of Vernam said, “We are convinced that out product offering will benefit both insurance players and the consumers. There are lots of opportunities that both can leverage on. For the industry players, we are moving towards an industry that is shifting from intuition-based policy pricing to one that is based on data. Blockchain technology will allow the players to offer insurance products and assessment on an individual capacity thereby minimizing risk and increasing efficiency.”

Core Features of Vernam Platform

Some of the core features of the Vernam P2P insurance platform include:

The use of blockchain technology to provide targeted and specific policies to individual clients.
Bringing transparency to the industry with distributed ledger technology.
0% commission on insurance products. Customers to get 30% cashback on insurance policies purchased on the platform.
Innovative smart contract based CryptoSafe insurance policy that guarantees compensation to the insured, should a defined set of events occur.

VRN Token Sale

Vernam is organizing a token sale, offering an opportunity for investors and crypto-community members to be part of the InsurTech revolution. The 20 day pre-sale is set to begin on May 15 with up to 40% bonus for early investors. The crowd-sale will run from June 6^th, 2018 until July 15^th, 2018. A total of 500 million VRN will be up for sale. The soft cap of 2.5 million USD has already been secured, so anyone interested in investing should probably hurry.

Learn more about the Vernam platform and its upcoming token sale at – www.vernam.io

DasCoin set to SkyRocket after launching on Public Exchanges – DasCoin

DasCoin, the global blockchain technology solutions provider, looks set to skyrocket after listing on three public cryptocurrency exchanges following its public event, DasCoin: The Evolution of Money at the O2 Arena, London attracting more than 3,000 crypto enthusiasts.

CoinFalcon (https://coinfalcon.com) is one of the first exchanges to list DasCoin, along with BTC-Alpha and EUBX. The CoinFalcon listing, which appeared live on April 27 2018, includes trading pairs DasCoin (DASC) with BTC, ETH and Euro Trading and is part of the overall plan by DasCoin, branded The Currency of Trust, to bring crypto-currency to the mainstream. Across the three new exchanges, traders will be able to buy and sell DasCoin with USD, Euro, BTC and ETH.

DasCoin, founded in 2016 by visionary Michael Mathias, draws on the strengths of both traditional currencies and emerging digital currencies while addressing their weaknesses. Its super-fast blockchain has capacity to process up to 100,000 transactions per second and it is built upon Graphene technology and BitShares, a peer-to-peer, decentralized, distributed ledger which has been in use since the early days of cryptocurrency and is used by three of the top 10 Blockchains in the world.

The new exchange listing represents a milestone in the company’s history and is the first in a series of announcements to be made by the company. Forthcoming announcements are set to include further exchange listings, (which could include HitBTC). Up p to 10 new ICO partners, some of whom made presentations at the recent event in London, are set to utilize DasCoin blockchain. Meanwhile, NetLeaders, DasCoin’s decentralized marketing community, is gaining rapidly in popularity and has authenticated the DasCoin proposition in more than 100 countries worldwide, including Poland, UK, Nigeria, Germany and Philippines.

There has been growing interest in the DasCoin blockchain-powered ecosystem, with its vision to lay down a global bedrock of trust that unlocks prosperity for everyone. By eliminating the problems of traditional money and adapting trust to the digital age, the team at DasCoin feels this will create a better system for holding and exchanging value and could be the best long-term currency hold as well as one of the biggest gainers in 2018.

The products offered by DasCoin include blockchain-services for entrepreneurs, start-ups, banks, governments and enterprises. DasCoin uses a consortium blockchain to make it faster, more efficient and more secure;

Transactions confirmed in just six seconds
Network of users authenticated by banking standard KYC procedures
Through DasPay, DasCoin to be accepted in millions of merchants worldwide
Balanced by a responsive, transparent, system of governance
Smart-chip enabled hardware wallet makes DasCoin the most secure digital currency

On April , 2018, DasCoin released its codebase onto Github to ensure that every piece of information in its’ blockchain can be shared or queried, making DasCoin’s blockchain fully transparent.

Additionally, DasCoin are not “mined” like those of Bitcoin and other “proof-of-work” coins. Instead DasCoin utilizes a “minting process” which results in a significant reduction in energy consumption, as well as a more equitable distribution of value.

Michael Mathias, CEO of DasCoin, said: “Public trading is a significant milestone in the DasCoin story, and listing on these initial exchanges is a testament to the interest in our unique blockchain solutions model. It fulfils the promise of a huge amount of work by DasCoin and continues to build upon the launch of our proprietary blockchain in March last year.

Mathias continued: “We are pleased to be partnering with three exchanges, some established and other new innovative market entrants as we continue on this journey. We look forward to announcing many more as we continue to expand our blockchain alliance.”

It’s a time-tested stock market strategy – snapping up stocks in the hope of earning quick gains once the stocks start trading, so now could be a good time to buy DasCoin. Crypto-currencies have attracted a lot of interest of late with more than $400 billion of tradable crypto-assets and ICOs raising more than $13bn for blockchain-related start-ups. The first 90 days of launch often sees the biggest gains.

More information on exchanges and trading DasCoin (DASC) can be found at:

BTC Alpha – https://btc-alpha.com/exchange/

Coin Falcon – https://coinfalcon.com/

European Blockchain Exchange (EUBX) – https://eubx.io/

Contact:

Website: https://dascoin.com/

News: https://dascoin.com/news/

Email [email protected]

Poland puts banking records on the Blockchain

The largest credit information bureau in Eastern Europe is set to store and secure customer information with blockchain technology.

Polish-based Biuro Informacji Kredytowej (BIK) has partnered with Billon Digital in a move which will see millions of consumer and business documents stored on the Blockchain.

The partnership with BIK will utilise Billon’s ledger technology to safely store and access sensitive consumer data with the aim to provide a fully transparent and trackable method for accessing documents.

BIK is Eastern Europe’s largest credit bureau founded by some of the largest banks in the region such as Bank Pekao, Santander, Bank Polski, Citi handlowy, ING Bank and Bank Millenium S.A.

The fully-GDPR compliant solution guarantees total visibility, trackable history and full data integrity for any client-facing document including banking records, loan agreements, insurance claims, telephone bills and terms & conditions.

“We’re fixing the problem of consumer data control and creating a level playing field between individuals and corporations.”Said Billon, CEO, Andrzej Horoszczak.

The partnership has been approved following extensive consultations with the Polish Office of Competition (UOKiK) and Data Protection Regulator (GIODO), making it one of the world’s first Regtech compliant blockchain solutions.

The partnership is still in the early stages with trials being carried out with eight banking providers.

Biuro Informacji Kredytowe was founded in 1997 with shareholders consisting of some of the largest Eastern European banks including: The Bank PEKAO, PKO Bank Polski, Bank Handlowy w Warszawie, Getin Noble Bank, ING Bank Śląski, Bank Zachodni WBK, Bank BGŻ BNP Paribas, mBank, Bank Millenium, DNB Bank Polska, Związek Banków Polskich.

Crypto Highlights 14/05/2018

HSBC says it’s made the world’s first trade finance transaction using blockchain

HSBC claims it has performed the world’s first commercially viable trade finance transaction using blockchain technology by issuing a letter of credit for the U.S. food and agriculture firm Cargill.

The trade finance transaction involved a bulk shipment of soybeans from Argentina to Malaysia. The letter of credit was issued from HSBC to Dutch lender ING.

In our report earlier this year which exposed the cartel behaviour of the UK’s banks titled “British banks strangle UK crypto-startups”, we found that HSBC was edging towards crypto adoption stating: “HSBC is monitoring the development of virtual and digital currencies such as Bitcoin as well as regulations governing their use.”

Deloitte Blockchain Boss Departs To Build Ethereum Supply Chain

Eric Piscini, the man who helped turn Deloitte’s global blockchain practice into a $50 million operation has left the company to join startup Citizens Reserve who are aiming to raise $300 million to rock the supply chain world with blockchain tech.

Repair your crypto-damaged body

Fix that hunchback, forward head and those other horrible ailments crypto trading has inflected on your body. Crypto trading is the new smoking!

Find out how to reverse the damage here.

CBA CFO quits cryptocurrency role

Commonwealth Bank chief financial officer Rob Jesudason has resigned after less than a year as chief operating officer of EOS.

Thailand Creates Tough New Crypto-Currency Law Which Includes Fines and Jail Terms

Thailand’s Security Exchange Commission (SEC) will be in charge of overseeing and regulating all crypto-currency transactions and verifying the identity of clients.

OKEx becomes world’s largest crypto exchange, CEO resigns to “start a new life”

Chris Lee CEO of the cryptocurrency exchange platform OKEx, has resigned due to ‘personal reasons’. OKEx recently overtook Binance as the largest cryptocurrency exchange in the world with a 24 hour turnover of $2 billion.

Decompiling the ElectrumPro stealware

Copycat wallet service “Electrum Pro” has shut down its website after the company it was attempting to impersonate released evidence demonstrating its software was “bitcoin-stealing malware.”. The software stole customers seeds by sending them to a website out of there control. Get those coins out ASAP!!!

IOTA will integrate Ledger support

IOTA enthusiasts will soon be able to store their assets on the Ledger Nano S devices in Q3 of 2018 according to IOTA Foundation member Navin Ramachandran. In our Ledger Nano vs Trezor guide, both devices compared fairly well but the Ledger scraped a win with the wider coin support.

Reserve Bank of Zimbabwe Bans the Country’s Only Monetary Hope: Bitcoin

Buying life’s daily necessities in Zimbabwe is a trillion dollar affair due to the hyperinflation of its national currency. Because of this Bitcoin was seen as a savour for many and probably still will as its driven underground on the back of news coming from the Reserve Bank of Zimbabwe who has given 60 days notice to financial institutions to end relations with bitcoin businesses.