Tag: Cardano

Indian police extorted builder for Bitcoin

Nine Indian police officers felt the full force of the law after being arrested for extorting nearly $50,000 in cash and 200 Bitcoins from Surat-based builder, Shailesh Bhatt, who claims he was kidnapped in a local hotel by the crime branch cops last February.

Read more here from NDTV.

Cardano scores with its launch on Huobi

Yesterday Huobi Pro announced that Cardano (ADA) will start trading on the 17th April at 14:00 GMT +8. Huobi is one of China’s largest cryptocurrency exchanges with a daily trading volume exceeding a billion dollars. The listing of the coin has already pushed the price up by 9.30% in the last 24 hours and is expected to significantly increase as more trading starts.

Launch of Cardano (ADA) on Huobi Pro ??
Deposits will be available from 14:30, April 16 (GMT+8).
Trading will be available from 14:00, April 17, 2018 (GMT+8).

For more details, visit https://t.co/wVV4itj2ro#Cardano #huobi #blockchain #ecosystem #fintech #mining #exchange pic.twitter.com/oXpq72r5yk

— Huobi Pro (@Huobi_Pro) April 17, 2018

Coinbase acquires Earn.com for $100 million

Coinbase has acquired Earn.com for a cool $100 million. The firm was one of the most funded startups attracting $116 million over several rounds. CEO & Co-founder of Earn, Balaji Srinivasan, will become Coinbase’s first chief technology officer.

Read more here from Recode.

Tax day passing could help cryptos surge

Tax-selling has undoubtedly been a huge contributor to recent price dips but this could quickly reverse with the US tax deadline on the 17th of April predicted to be a day that cryptos increase.

Read more here from CNBC.

IMF boss says crypto could make finance safer

The head of the International Monetary Fund (IMF) – Christine Lagarde, believes digital currencies and blockchain technology could make the global finance system safer by increasing the speed, cost and safety of transactions.

That level of diversity could build a “financial ecosystem that is more efficient and potentially more robust in resisting threats”, she said.

Read more here from the Guardian.

Is your country a Bitcoin revolutionary?

Crypto enthusiasts across reddit are competing with each other in a challenge to prove which country is the most Bitcoin friendly. Users have posted Bitcoin signs spotted in stores across Romania, Saigon, Bali, Toronto and many more locations.

Read more here at The Next Web.

Honesty is the best policy?

An increasing numbers of ICO’s are promising all kinds of weird and wacky things from Bananas on the Blockchain (so ap-peel-ing) to AI that can predict the future. This week we seen the launch of Honest Coin “The Most Honest Cryptocurrency Ever Invented”. The project aims to be completely honest with their goals from day one.

Find out more here

Your ticket to the moon

No… we are not talking about psychedelics or bull markets however you can still ride yourself to the moon with CryptoRider, a mobile game developed to virtually ride those price charts. Now you can experience the highs and the lows again and again and again. Sounds like fun right? Download here.

Worlds first DNA on the Blockchain

A Los Angeles-bases cryptocurrency/ genetic firm has performed the worlds finda DNA sequence transfer on the Ethereum Blockchain. The Enterobacteria phage phiX174 sensu lato virus was transferred.

World’s first DNA sequence stored on the Blockchain

Is Monero the new tax haven?

Forget the Cayman Islands, Monero could be the next big tax shelter. With 8 months left of 2018 its time to become “tax efficient” by simply getting your boss to pay you in the pro privacy currency says hacked.com.

Indian crypto exchange offers bounty for information

Indian-based cryptocurrency exchange Coinsecure has offered a 10% bounty ($356,000) for information leading to the recovery of the $3(+) million funds stolen last week.

Read more here from India Times.

John Mcafee is Bullish on Bitcoin

Crypto personality John Mcafee believes that the Bitcoin price prediction of $20,000 in 2018 for Bitcoin is “absurdly low”. Agree or disagree we don’t recommend putting any body parts on the line.

Bitcoin at $20,000 by years end? I believe that's absurdly low.https://t.co/uZs1yYTIMx

— John McAfee (@officialmcafee) April 16, 2018

Crypto-enthusiasts seek supportive Thai tax policy

In a bid to help domestic funding fro ICO’s and Cryptocurrency businesses in Thailand, enthusiasts have petitioned the Finance Ministry hoping the Revenue Department will reconsider its tax policy.

Read more here, the Bangkok Post.

Shipping on the Blockchain?

ShipChain is launching a pilot program this summer with CaseStack solving supply chain, tracking and tracing issues in the shipping industry. CaseStack works with Amazon, Target, Duracell and many other Fortune 50 companies in the world.

Read more here from Influencive.

Mastercard will tackle fraud with Blockchain technology

A patent has been filed by Mastercard that will use Blockchain technology to verify and store identity data to combat fraud.

Read the patent here filed at the United States Patent and Trademark Office.

Ethereum will power deep space exploration

The The University of Akron’s (UA) and NASA will work together to help spacecraft avoid floating debris, the assistant professor Dr. Jin Wei Kocsis has received $330,000 in the form of a grant from NASA.

Read more here from The University of Akron College of Engineering.

Not so illegal

The Foundation for Defense of Democracies released a report which found less then 1% of Bitcoin is used for illegal purposes.

Read more here from NewsBTC.

Insurance on the Blockchain

Marsh, ACORD Corporation and ISN Software Corp are working with IBM to develop insurance verification on the open-source hyperledger fabric technology and IBM blockchain platform. With the soft launch expected later this year. It will be used to speed up hiring contractors, transferring risk and coverage certainty.

Read more here from Seeking Alpha.

 

That all folks, until next time.

Cardano (ADA) will support Ledger Nano s hardware wallets in the future

Open-source crypto wallet Daedalus is currently the safest and only supported option for thousands of Cardano users who are looking to store their ADA cryptocurrency. However, it’s been riddled with teething problems over the last couple of months. But, the good news is that Ledger support is coming in the near future.

Users seem to have no initial problems when setting up the Daedalus wallet, creating a seed or downloading the blockchain, but are later locked out of accessing the wallet when they restart the software due to the screen freezing and displaying the sprint message, “Connecting to network…”

Users have tried a plethora of potential fixes, from completely uninstalling the wallet to tinkering with firewall settings and everything in between, with no success in sight.

On the March 7th, 2018, Daedalus released version 0.9.0 and Cardano 1.1.0 but, for many, this does not seem to have not provided any solution.

We spoke to the team behind Cardano regarding the wallet problems that we have witnessed, to see if a more successful solution would be coming soon. We are pleased to say that it’s good news all round, as we can announce that users will be able to store ADA on their Ledger hardware wallets in Q3 2018.

CS: Lots of users are reporting problems with syncing the Daedalus wallet, this seems to be a common problem in the community?

The latest Cardano SL release 1.1 is designed to address syncing problems experienced recently by some users. This update was released by IOHK on the 7th March, and they are now monitoring the performance of the Daedalus wallet to assess if further action is required.

CS: When will users be able to store Cardano on their Ledger Wallets, will this be pushed in 2018?

Stage one of the Ledger integration project is complete. This means that we now have a functioning Ledger app, but this still needs to be fully tested. Stage two of this project requires IOHK to develop an interface and test it. At present this work is scheduled to be completed by Q3 2018. This will provide Cardano holders with the highest level of security by allowing users to store Ada offline.

Hardware wallet support for cryptocurrencies once seemed like an overzealous way to store digital assets, but it’s now become the de facto method due to exchanges being regularly hacked, phishing attempts and all sorts of weird and well thought out hacking methods which are used to steal your assets.

With new ICO’s being launched everyday the industry is thriving but it is becoming harder and harder to identify high quality, sustainable and investor friendly projects.

This has been compounded by the general bearish trend that has surrounded the space since the Decembers bull run where virtually every coin reached new all time highs (ATHs). The main reasons for this recent downward trend however have included: China confusion, hacks, Tether woes, Binance fud and more recently the dumping of roughly 35,000 Bitcoin and Bitcoin Cash onto the market by the Mt. Gox trustees which correlated perfectly with the drops we can see on the charts.

With the market now showing signs of stabilization this is the perfect buy-in opportunity to invest in high quality projects at a fraction of their worth.

So without further ado check out our top upcoming ICO’s and cryptocurrencies we think will provide a good return on investment throughout 2018.

P.s Why listen to us? Because we have a proven track record in recommending high quality, very profitable projects. Take a look for yourself here and here.

XYO Network

XY, the firm behind XYO Network have built and currently expanding one of the worlds largest decentralised location tracking protocols with GPS beacons and Bluetooth.

The result? Tagging and monitoring the movement of physical objects (including humans) anywhere in the world.

For example in the future governments and agencies could potentially use the technology to ensure everyone is registered and able to move around legally and freely through selected jurisdictions with no additional need for verification, passports etc. It can also help with realtime tracking of lost, missing, wanted people or objects.

Another use case would be ecommerce. Given the amount of parcels that go missing with no resolution/ accountability companies can use the tracking to manage their shipping and supply chain needs resulting in full transparency and accountability. For example an ecommerce store only takes payment once an item has been received by the customer.

XYO Network powers the service through its mining kits and enables anyone with a location tracking device such as Bluetooth, GPS, LPWAN (LoRA), Low Earth Orbit LEO Satellites to contribute. As referred to in the Whitepaper these Sentinels, Bridges, Archivists and Diviners are also rewarded with XYO Tokens based on their interactivity/ helpfulness.

XYO Network will be running a token sale this March. Whitelist restrictions apply and you can take part by visiting their website.

Website: https://xyo.network/

Essentia

Data ownership has become a hot topic these last couple of years with many unaware that corporations, governments and other 3rd party entities are profiting from what many consider to be their personal data.

According to research studies in 2017 digitally generated data amassed roughly $1 trillion dollars in revenue last year, none of which is seen by the individual whom it concerns.

Blockchain startup Essentia wants to change this by developing a way for everyone to decide and control who has access to their data, what it can be used for and receiving a fee for its use.

The infrastructure model can be split up into three sections. These are:

• User Data
• Essences – This is the container that holds and controls the flow to the users data
• Essentia Network – This is the decentralised network that manages the Essences in a clean, interoperable and secure manner.

Third parties and dApps can easily access user data as pluggable oracles based on what information users wish to release. Developers can also build on top of the Essentia framework to create data management tools, identity solutions, data exchanges, decentralized CRMs etc.

For example using Essentia’s eLogin users can authenticate and login to compatible websites without the need for any password. This move away from insecure and sometimes cumbersome passwords means more security, privacy and a cleaner interface to manage identity and authentication across every service that the user wishes to use.

The firm has an impressive advisory board which includes:

• European Commission and certified business coache Erik van der Staak
• Thomas Graham who is a managing partner at crypto advisory firm TLDR;
• Francesco fusetti who raised $19 million with his charity project AidCoin
• Yann Marston with 20 years experience in business, he is responsible for strategic sales at Motorola Solutions.

Esentia is running an initial coin offering to raise funds enabling investors to purchase ESS tokens which will power the technology. The price is set at 1 ETH = 15000 ESS and they aim to raise $31,900,000.

You can find more at the website here: https://essentia.one/

Hoqu

HOQU aspires to be the world’s first decentralised marketing platform enabling affiliates and merchants to work together directly without the need for a middleman. This ensures both parties are treated fairly with all actions completed through transparent smart contracts.

The global advertising industry is estimated to be worth some $200 billion dollars per year with the USA, China and United Kingdom dominating the market. HOQU hopes that a large proportion of these transaction will be running on their blockchain in the near future.

It’s no secret that this industry is centralised with the affiliate networks controlling a large number of merchants and affiliates. In doing so they are able to set high fees and low commissions, all the while enforcing unjustified and overpriced account maintenance charges.

Startups are also often priced out of joining the networks with insanely high barriers placed in their way. HOQU removes these barriers with smart contract technology and fair fees for all.

This technology creates a win win scenario for both merchants and affiliates by reducing fraud, ensuring fair payouts and lower all round costs. All whilst streamlining the whole process.

HOQU’s Initial coin offering raised $18.7 million and at the time of writing HOQU (HQX) was trading at $0.083164 on IDEX and ForkDelta.

Website: https://www.hoqu.io/

Gems

Gems is a decentralised mechanical turk powered by blockchain technology. It builds on the shortcomings of traditional Mechanical Turks such as Amazons MTurk and Crowd Flower.

A traditional MTurk is a crowdsourcing Internet marketplace which enables individuals and businesses (also known as requesters) to hire others to perform microtasks that computers are currently unable to do.

However current providers are very inefficient, implement costly verification techniques (consensus by redundancy), charge exorbitant fees and are unavailable to a large portion of the workforce who don’t have access to bank accounts.

By using blockchain technology Gems is able to eradicate all these issues.
Gems is currently being advised by a range of industry heavyweights that include Medium and Twitter co-founder Biz Stone, Augur co-founder Joey Krug, reCAPTCHA co-founder Ben Maurer, Aragon co-founder Luis Cuende and co-founder of NEO Global Capital Roger Lim.

At the time of writing Gems is trading at $0.018616 on Gate.io and IDEX for both USDT and ETH pairs.

Website: https://gems.org/

Upfring

Peer-to-peer file sharing is a phrase most of us are familiar with. It was once one of the most popular ways to share files across the internet and through the use of torrents still is even today.

It is however starting to show its age and limitations. One of the biggest being a massive disparity between file downloads and availability ratio.

This is due to the lack of seeders who have no incentive to share content other than as a hobby or possible notoriety.

Upfiring tackles the root cause of this problem by offering seeders compensation (payment in UFR) for their contributions.

By adding incentivisation in to the mix seeders rise to a higher calibre and become more abundant, resulting in faster access and downloads for users.

The process is as follows:

1. A seeder shares a file through the Upfiring network
2. The file is encrypted by the platform
3. A downloader requests access to the seeded file but can only download once they have paid using the currency of the network which is UFR tokens.
4. Once downloaded and paid for in full the file can be decrypted.

UFR is currently trading on various exchanges including Cryptopia, Stocks.Exchange, IDEX and ForkDelta at roughly $0.30 and has been tipped by many as a coin that should at least rech $5 by Q4 of 2018 due to the attractive market cap.

Website: https://upfiring.com/

Cardano

It would be almost criminal to end the article without mentioning Cardano. This is by far one of the most exciting (albeit adventurous) projects that we will be following over the course of 2018/2019.

Founded by Charles Hoskinson, a former co-founder of Ethereum and Jeremy Wood, operations manager at Ethereum, the project takes all the best bits from previous generation blockchains and rolls them in to a peer-reviewed, institutionally backed decentralised public blockchain and cryptocurrency. In essence Cardano wants to be Ethereum but usable day-to-day e.g far more scalable, sustainable, and interoperable.

Born out of scientific philosophy with experts contributing from all over the world not only helps Cardano develop a solid, research-backed foundation but will also simplify government and legal approval when that time comes.

Their detailed roadmap can be found on the website with upcoming events such as Ledger support and the opening of a new research and development center that focuses on the Cardano blockchain Ho Chi Minh city.

Cardano (ADA) is currently trading at $0.22.
Website: https://www.cardano.org/

That’s it for now!

p.s Last year with tipped HelloGold, Cindicator, VeChain, TRON, Request Network and Utrust. All of which not only increased in price but reached significant roadmap goals, formed partnerships and are starting to make real change across many industries with their Blockchain technology.