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BlockVentures Launches Tokens and Securities Listing Platform

BlockVentures Press Release

Bitcoin Press Release: BlockVentures has announced the launch of its tokens and Security token listing platform, Securities.io. The platform is a tool to aid financial backers with news, advice, and Information on tokens and securities.

October 30th, 2018, GEORGETOWN, Cayman Islands — Blockchain startup BlockVentures has announced the launch of the Industries first comprehensive security token listing platform.

Securities.io is a news and listing platform that aggregates all of the available information for financial backers who want to learn more about security tokens. Investors can search for security tokens which have completed funding or are currently in the process of either fundraising or are scheduled to raise funds. Information that will be available includes legal, STO amount, start and end dates of fund raising campaign, business and corporate details, along with who powers the token issuance.

Securities.io CEO Antoine Tardif stated;

“Securities.io will become the go-to resource for investors who wish to source investments in tokenized securities, and for companies who are launching securities to recruit investors.”

Securities.io enables investors to source new investment opportunities, and to learn more about new offerings. Security tokens are rapidly replacing utility tokens and are expected to grow exponentially in 2019. Securities.io aims to become a household name in the blockchain powered tokenized securities market.

Antoine continues:

“Many users are confused about security tokens, and we want to make it easy for them to locate this information. We plan on differentiating ourselves by specializing exclusively in tokenized securities.”

About the Securities.io

The Company is in the business of offering information to investors of security tokens. This information is provided in the format of news, interviews, thought leaders, and a listing platform which offers details on tokenized securities.

Learn more about Securities.io – https://www.securities.io
Meet the team – https://www.securities.io/meet-the-team/
Follow Securities.io on Twitter – https://twitter.com/securitiesio

Media Contact

Contact Name: Antoine Tardif
Email: ceo@blockventures.com
Location: Georgetown, Cayman Islands

Securities.io is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all. Token sales are only suitable for accredited investors with a high-risk tolerance. Only participate in a token generation event with what you can afford to lose. This press release is for informational purposes only.

The post BlockVentures Launches Tokens and Securities Listing Platform appeared first on Bitcoin PR Buzz.

Source: BITCOIN PR

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TriForce Tokens and Busa Todo Lead Latin-American Blockchain Gaming Market Boom

TriForce Tokens Press Release

Bitcoin Press Release: Decentralized gaming platform TriForce Tokens,continues to disrupt the online gaming industry, focusing on the Latin American market with a recent partnership with Busca Todo.

October 30, 2018, Milton Keynes – Disrupting the global gaming market with its innovative blockchain solutions, TriForce Tokens has made significant impacts on the industry. Not satisfied to limit its ambitions to limited markets, the UK-based gaming platform has made substantial efforts to break into the Latin American market, with a huge partnership with Busca Todo. The partnership was followed recently with the launch of the first ever blockchain-back Steam game, Eximius: Seize the Frontline. The TriForce Tokens is currently in the final stage of its token sale, which finishes on the 11th of November, 2018.

Booming Market

The Latin American gaming sector is the second largest in the world. In 2017 alone, the industry made USD 4.1 billion, with Mexico leading the way with USD 1.4 billion. The market is growing rapidly, thanks to the efforts of the government’s early on in the 2000s to encourage digital gaming development.

Prime examples of the efforts are the 5% of GDP dedicated to the industry by Mexico and state-owned Ingenio Uruguay’s incubator releasing successful games such as 1811 and D.E.D.

Busca Todo’s and Level-Up

Busca Todo is the leading video game publisher in the Latin American market. The organization’s main aim is to boost the Spanish speaking industry by offering them a platform to not only launch but also advertise, raise funding and reaching out to millions of gamers worldwide.

The partnership with Busca Todo gives the TriForce Tokens the perfect launch pad to enter the South American Market. Busca Todo’s Level-Up is the leading online gaming community in the Latin American market. With the platform having a global subscriber base for game reviews, shows, discussion, social networking, and the YouTube Level Up channel crossing the 1 million viewership mark, it brings a huge penetration for TriForce Tokens in the market.

Speaking about the partnership, Pete Mardell, CEO of TriForce Tokens said:

“We are fortunate to have found a partner that shares our vision and has the capacity to deliver on it with us, while providing us a strategic link to the largest emerging games industry region, Latin America”

TriForce Tokens, for its part, will enable the market to increase the interaction of gamers and developers, substantially reduce distribution costs, combat piracy, offers cross-platform compatibility, in-game wealth retention and offer an increased level of interaction for the gaming community.

Juan Pablo Rodriguez as the General Director stated:

“speaking of the present and the future of gaming, Triforce is the vision that pushes for innovation in the industry.  We are very proud to partner with Triforce making history every step of the way, by introducing new technology to the Latin American video gaming market”

A Force to Reckon With

TriForce Tokens has created an immense following and is rapidly expanding its ecosystem. The successful launch of Eximius: Seize the Frontline, a hybrid FPS and RTS domination game on Steam leads the way. The game is already attracting huge crowds. With the Halloween festivities just around the corner, the game developers have released a thematic special event for the game.

TriForce Tokens is also developing a discord marketplace and game, along with a Twitch Streamer live bot.

The sale of the platform’s FORCE tokens is in its final offering. That will end on 11th of November. Currently, the FORCE is available for USD 0.15 per token and carries a 5% bonus until 28th October.

About TriForce Tokens

Disrupting the gaming industry through blockchain, the decentralized gaming platform offers developers to connect directly with game players, creating a unique community where players can actually interact with the developers and discuss different aspects of games, such as new updates and releases. Through the direct contact of creator and consumer, the entire traditional distribution channels are eliminated, making games cheaper and having a higher retention rate.

TriForce Tokens has already released a number of PC and mobile games, including Eximius, a combination of FPS and RTS game that pitches 5 men teams against each other for domination.

The last phase of their token sale is in progress, with a price of USD 0.15 for 1 FORCE. The last stage carries weekly lowering bonuses, from 5 to 15 percent.

Learn more about FORCE tokens – https://triforcetokens.io
Busco Toda / Level Up YouTube – https://www.youtube.com/user/levelupcom
Read the Whitepaper – https://triforcetokens.io/resources/white-paper-v3.3.pdf
Chat with the team on Telegramhttps://t.me/TriForceTokens
Follow on Twitter – https://twitter.com/triforcetokens
Follow on Facebook – : https://facebook.com/triforcetokens
Visit the Official TriForce Tokens Website – https://triforcetokens.io/
Check out Eximus on Steam – https://steamcommunity.com/sharedfiles/filedetails/?id=715771608
TriForce Tokens Discord – https://discord.gg/K6e6Mhy

Media Contact

Contact Name: Jake Ashby
Email: jake@triforcetokens.io
Location: Milton Keynes, UK
Company: TriForce Tokens LTD

YouTube: https://www.youtube.com/watch?v=n9WI3w1XPKo

TriForce Tokens is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all. Token sales are only suitable for individuals with a high-risk tolerance. Only participate in a token event with what you can afford to lose.

This press release is for informational purposes only.

The information does not constitute investment advice or an offer to invest. The TriForce Tokens token sale is closed to US participants and participants of all countries in which ICO’s are not permitted.

About Bitcoin PR Buzz

Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 5 years. Get your own professional Bitcoin Press Release. Click here for more information about Bitcoin PR

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Source: BITCOIN PR

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Panxora Opens up the Financial Markets to Crypto Users

Panxora Press Release

Bitcoin Press Release: The exchange allows users to generate return from cryptocurrency assets without divesting their position in the asset class. Over a dozen cryptocurrencies accepted as collateral, including bitcoin, bitcoin cash, ether, ether classic and litecoin. With Over 500 stocks from Germany, the UK, Hong Kong and the US including Deutsche Borse, Adidas, Apple, Lenovo and EasyJet.

25th October, 2018. London, UK. The past 12 months have seen many rush into cryptocurrency guns blazing. Following the initial rise and fall in 2017, the general consensus is that a solid base is forming in the price of cryptocurrency and it’s right to hold (or ‘HODL’) onto the asset as we see what comes next. The problem with this approach is that those having considerable assets tied up in crypto now find themselves with limited options for generating returns from their capital.

Introducing Panxora

Panxora gives crypto owners a better option than simply sitting on their assets. Panxora offers cryptocurrency owners direct access to currency, stock and a variety of other asset classes.

Panxora’s co-founders boast significant careers working in some of the most successful privately held financial companies in the world. It has been successfully delivering uninterrupted service to the crypto space since 2014, under the name ‘First Global Credit,’ and will continue under ‘Panxora’ to give cryptocurrency holders the same freedom to pursue financial opportunities as traditional currency holders.

Gavin Smith, CEO of Panxora said:

“Right now, Panxora is an exchange that gives cryptocurrency holders direct access to various currency and stock markets. But that’s just the first step in our ultimate goal to dissolve the distinction between fiat and cryptocurrencies when it comes to financial opportunities. Looking ahead, we will continue to bring ever more choice within reach of crypto asset owners. Everything we do, in every field, is aimed at that goal.”

About Panxora

Panxora lets anyone, anywhere use their cryptocurrency assets to generate a financial return. By providing direct access to mainstream financial markets using cryptocurrency as collateral, Panxora puts cryptocurrencies on par with fiat, and asset-holders in control.

Founded in 2014 under the name First Global Credit, Panxora has always aimed to provide cryptocurrency owners the same opportunities as fiat currency holders have to generate revenue from their assets. With significant experience both in traditional financial technology and cryptocurrency markets, Panxora’s co-founders brought their first service – crypto backed stock to market, followed shortly by AICoin which uses proprietary AI to trade the cryptocurrency markets. The company’s development team continues to innovate new products and services that will provide advantages to its customers. This includes the public launch in early 2019 of Panxora Crypto I, a cryptocurrency focused hedge fund that has been successfully engaging with proprietary assets for over a year. This and other services designed to give crypto-asset holders ever more opportunities. With more than 12,000 customers in 35 countries, Panxora is the crypto-community’s trusted partner to meet financial goals and put crypto-assets to work.

Visit the website: https://panxora.io
Watch on YouTube: https://www.youtube.com/channel/UC226_O-ZpKEVzXebLrEBteg/featured

Media Contact
Name: Jenny Corlett
Email: jenny.corlett@aspectusgroup.com

Panxora is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all. Token sales are only suitable for individuals with a high risk tolerance. Only participate in a token event with what you can afford to lose.

The post Panxora Opens up the Financial Markets to Crypto Users appeared first on Bitcoin PR Buzz.

Source: BITCOIN PR

cryptocurrency news

Sberbank Apologizes for Buying Nearly All Graphics Cards on the Russian Market

Mining

Russia has been suffering from a shortage of graphics cards that can be used to mine cryptocurrencies, causing their prices to almost double. However, it was not ordinary households that purchased most of these cards. State-owned Sberbank has come forward, admitted to buying them, and apologized for causing the shortage.

Also read: Bitcoin-Based Ethereum Rival RSK Set to Launch Next Month

Sberbank Apologized for Buying Up Graphics Cards

Sberbank Apologizes for Buying Nearly All Graphics Cards on the Russian MarketSberbank, the largest bank in Russia and third largest in Europe, is majority-owned by the Russian government. According to senior vice president, Alexander Vedyakhin, the bank’s research lab was behind the dry spell. Ria Novosti reported on Saturday:

The reason for the deficit in the video card market was Sberbank, buying up video cards for its laboratory of artificial intelligence.

Sberbank Apologizes for Buying Nearly All Graphics Cards on the Russian Market
Alexander Vedyakhin.

“We invest very much in technology, and we should, incidentally, apologize for that shortage in the video card market, which occurred recently, because we bought them for the laboratory of artificial intelligence,” Vedyakhin said at the Sberbank international conference on data analysis, machine learning and artificial intelligence. However, he indicated that soon the shortage will be over “because we [have] satisfied our need.”

Is Sberbank Mining Cryptocurrency?

Sberbank Apologizes for Buying Nearly All Graphics Cards on the Russian Market
Stanislav Kuznetsov.

While Sberbank has said that it is “not yet ready” to use cryptocurrency, the bank admitted to studying it in detail, according to Stanislav Kuznetsov, Deputy Chairman of the Executive Board of Sberbank.

“Sberbank does not intend to use cryptocurrency in business yet, but is studying them to protect itself from scammers,” Tass reported and quoted Kuznetsov saying last month at the World Festival of Youth and Students in Sochi:

We are not afraid of cryptocurrencies, but in order to defend ourselves, we must understand in detail how scammers operate, we must study each step…Today we are deeply studying this topic, but, unfortunately, there are no solutions yet, how to proceed further, and we are not yet ready to use the cryptocurrency.

Shortage of Graphics Cards in Russia

The Chinese online trading platform Aliexpress, an Ebay-like subsidiary of Alibaba, reported in June that there was a surge in demand for video cards in Russia for cryptocurrency mining. “Aliexpress associated a surge of interest in video cards with the desire to use them to generate cryptocurrency,” the publication emphasized, adding that:

The trading platform reported that its users began to look more actively for specific models of video cards that are most suitable for creating crypto-farms (GeForce GTX1060, GTX1070 and Radeon RX480), and the number of bitcoin miner requests increased 150% in a month.

Sberbank Apologizes for Buying Nearly All Graphics Cards on the Russian MarketPrior to Sberbank’s confession, RT reported that “the recent surge in the value of bitcoin has caused a jump in demand for video cards, which are used in cryptocurrency mining.” In addition, “people buy up to 600 video cards at once,” the publication detailed, noting that this has caused “a nearly 80 percent price surge since the spring.”

According to Vedomosti, the spike in demand has caused the price of graphics cards to rise “by an average of twice: for example, a device that cost in spring 16,000-18,000 rubles now costs more than 30,000.” The news outlet added that one store promised that the cards can be ordered within a week while another said it would take 10 days.

Do you think Sberbank is mining cryptocurrencies? What do you think of them buying up most graphics cards in Russia? Let us know in the comments section below.

Images courtesy of Shutterstock and Sberbank.

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Sberbank Apologizes for Buying Nearly All Graphics Cards on the Russian Market

crypto icos, crypto news, token generating events, token generating events (tges)

SimplyVital Health Welcomes iCare to its Blockchain Healthcare Platform

SVH

17 October, 2017, Connecticut, U.S.,SimplyVital Health (SVH), the blockchain for healthcare protocol welcomes leading clinical management consultancy iCare to its platform. SVH is transforming healthcare through its ConnectingCare platform, a blockchain-based data storage and analytics platform aimed at streamlining medical data storage and sharing. The leading edge technology has captured the attention of iCare that works to advise and coordinate a number of nursing facilities and other healthcare providers.

“We believe that the ConnectingCare platform will allow us to better understand our clinical and fiscal performance. This information periscope will enable us to be well-positioned within post acute care networks, risk bundles and other partnerships in acute care.” – David Skoczulek, VP Business Development at iCare.

Through its ConnectingCare platform, SVH will support the assessment and management of patients in iCare’s signature Congestive Heart Failure (CHF) rehabilitation program, part of the Trinity Health NE post acute care network and the Hoffman Heart and Vascular Institute at Saint Francis Hospital and Medical Center in Hartford, Connecticut.

These post-hospitalization patients are staying in iCare post-acute facilities after a cardiac event or exacerbation of their disease. The ConnectingCare platform will support iCare’s focus on optimizing therapy, promoting recovery, and providing ongoing quality of life for patients experiencing congestive heart failure.

“Our partnership with iCare is, in many ways, an ideal pairing. iCare is a leader in this space and CHF rehabilitation is just the beginning of the opportunity we’ve discussed. Since its inception, SVH has envisioned a way to bridge the gap in post-acute patient management. This is why bringing iCare on board is so meaningful.” – Kat Kuzmeskas, CEO of SimplyVital.

SVH can solve significant pain points for the healthcare industry. At the moment patient data is streamed through a disparate and disconnected chain of stakeholders leading to what the broadcast journalist Walter Cronkite famously referred to as a healthcare system that is ‘neither healthy, caring, nor a system’. What SVH offers is a solution that leverages blockchain technology to offer a secure, yet decentralised record of patient data that allows all parties on the care pathway with one real-time view of patient data. SVH’s healthcare-grade blockchain platform offers huge benefits to an industry that is leaking $12bn every year due to poor communication by providing a distributed care management portal to bring efficiency gains and better clinical outcomes.

The blockchain platform ConnectingCare sits at the core of SVH and is the first in a staged approach to introducing HIPAA compliant blockchain services into healthcare. Phase two will see the development of Health Nexus, a deeper blockchain protocol to bring distributed access to data and smart contract capabilities. Mined only by compliant entities, Health Nexus puts data security front and center, empowering providers’ ability to offer value-based care across the broad spectrum of clinical affiliation.

HLTH Token

Health Nexus will be fuelled by the HLTH token that acts as an access and permissions token for the platform. HLTH is offered via a token sale launching on the 22nd of November at 17:00 UTC

To participate in the presale visit here

To learn more, visit their website

Read their whitepaper here.

View SimplyVital Health on TokenMarket

Source: Ardor Articles
SimplyVital Health Welcomes iCare to its Blockchain Healthcare Platform

cryptocurrency news

Cashaa to Partner with Agrello to Offer Borderless Financial Products

3rd November 2017, London, UK – Cashaa, the next generation banking platform, is partnering with Agrello, a blockchain startup developing LegalTech solutions on the basis of smart-contracting technology, to support its series of decentralized global financial products.

[Note: This is a press release.]

Agrello provides smart contract agreements that can be executed and managed remotely, enabling Cashaa to expand the range of financial services available through its unique platform. Products such as insurance, microfinancing, and decentralized trading can now be made available remotely, to new audiences, with the benefit of robustness, transparency, and scalability to Cashaa users.

New Markets for Fintech

Cashaa aims to reach those markets where traditional methods of financing have failed, by pioneering financial products to millions of unbanked people across the world. Agrello makes remote contract management a possibility, lowering costs and bringing Cashaa’s vision to market faster. Agrello’s ‘self-aware’ agreements serve as proof that two parties entered into a contractual agreement, which is then stored on the blockchain as executable code. Being self-aware, the contracts are able to remind users of their obligations and deadlines, and when combined with integrated identity and digital signature services, can enable fast and secure contract conclusion.

Agrello’s management solutions are effective where the cost of engaging in a business relationship and writing agreements is high compared to the transaction value. Cashaa sees the potential for this technology to bring efficiency gains to decentralized trading on its existing FX platform, as well as to enable expansion into other areas such as insurance and micro-financing.

CEO and Co-founder of Agrello, Hando Rand, said:

We think the Cashaa project is revolutionary in Fintech, it combines the potential of blockchain with vast increasing demand of P2P money transfers worldwide. We see huge potential in this cooperation.

Even existing legacy contracts can be expressed through Agrello’s text-to- code compiler reducing the setup time and costs for Cashaa customers.

CAS Token Sale

Cashaa’s global FX platform is already in working beta and has over 12,700 registered users spread across 141 countries. The project features in the ‘Top 100 Most Influential Blockchain Companies in the world’ list. To date, Cashaa has supported over 2,100 BTC of value transfer between different locations around the world. Cashaa platform is now introducing its native CAS token, that is available through a token sale open to the public on 6 November at 1700 UTC. Token holders will be able to access premium services, instant loans, obtain a credit score, create smart contracts for trading and participate in the governance mechanism of CAS tokens.

For more information or to participate in the crowdsale visit the website.

Images courtesy of Cashaa

The post Cashaa to Partner with Agrello to Offer Borderless Financial Products appeared first on Bitcoinist.com.

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Cashaa to Partner with Agrello to Offer Borderless Financial Products

cryptocurrency news

SEC Details Enforcement Objectives of New Cyber Unit

Regulation

The co-director of the United States Securities and Exchanges Commission (SEC)’s Division of Enforcement, Stephanie Avakian, has outlined the mission and enforcement aims of the regulator’s recently formed Cyber Unit and Retail Strategy Task Force. Speaking at a recent Securities Enforcement Forum, the co-director has detailed the objectives of the new unit, including issues specifically pertaining to cryptocurrency.

Also Read: SEC’s New Cyber Unit Plans to Combat Violations Involving ICOs

“The Mission of the Enforcement Division [Is] to Protect Investors”

SEC Details Enforcement Objectives of New Cyber Unit Targeting Blockchain TechnologyMrs. Avakian stated that the SEC wanted to take the time to address the current priorities of the Enforcement Division and discuss the mandates governing the SEC’s new Retail Strategy Task Force and Cyber Unit.

The co-director stated that the greatest regulatory focus for the institution is “always going to be focused on retail investors.” Mrs. Avakian stated that retail investors “are often the most vulnerable market participants who are most in need of our protection.”

Mrs. Avakian expressed the SEC’s belief that “there is more” the regulator “can do to align [its] resources” for the “key priorities” of “retail and cyber,” asserting that “some structural change and strategic focus will enable us to better fulfill our investor protection mission.”

Issues Pertaining to Cryptocurrencies and Distributed Ledger Technology Will Fall Under the Purview of the SEC’s Cyber Unit

SEC Details Enforcement Objectives of New Cyber Unit Targeting Blockchain TechnologyThe co-director stated that the severity of the threat posed by cyber issues warrants the creation of a dedicated Cyber Unit, despite the SEC’s Market Abuse Unit currently investigating many cases involving cybersecurity considerations.

The Cyber Unit is described as “the first new specialized unit since… the [Enforcement] Division’s reorganization in 2010.” Mrs. Avakian stated that “the need for the Cyber Unit arises in large part from the increasing frequency with which we are seeing cyber-related misconduct affecting the securities markets, and also the increasing complexity of these cases.” The co-director stated that the “cybersecurity threats come from a wide range of sources,” however, “the work of these actors in many instances has been facilitated by easy access to the dark web marketplace as well as the use of digital currency, both of which make it harder to track the flow of funds involved in cyber violations.”

Mrs. Avakian stated that the Cyber Unit will be tasked with regulating emergent issues relating to distributed ledger technology. The co-director stated that “issues presented by blockchain technology warrant a consistent, thoughtful approach – and the best way to do that is to centralize the expertise and the focus in a single unit.” The co-director described blockchain technology as potentially providing a “legitimate way of raising capital”, however, stated that “the popular appeal of virtual currency and blockchain technology can be an attractive vehicle for fraudulent conduct.” The SEC hopes that “creating a permanent structure for the consideration of these issues within the Cyber Unit will ensure continued focus on protecting both investors and market integrity in this space.”

The co-director has outlined key enforcement aims for the Cyber Unit, including several which pertain to cryptocurrencies and initial coin offerings. Mrs. Avakian stated that an “area of potential enforcement interest includes cases where there may be a cyber-related disclosure failure by a public company,” adding that the SEC “ha[s] not yet brought a case in this space.” Key areas of interest include “risk factor disclosures”, and “management discussion and analysis,” with the SEC emphasizing that “it is frequently necessary to provide meaningful and timely disclosures regarding cyber risks and incidents… in an era where nearly every company is dependent on computer systems to operate their business.”

The Retail Strategy Task Force “Will Not Generally Be Responsible for Conducting Investigations”

SEC Details Enforcement Objectives of New Cyber Unit Targeting Blockchain TechnologyMrs. Avakian stated that the recently established Retail Strategy Task Force “will look at the many ways that retail investors intersect with the securities markets and look for widespread misconduct.” The Task Force will seek to draw from the past experiences of the SEC “to identify strategies that have worked well,” particularly regarding cases in which “data analytics and technology” is employed.

Mrs. Avakian stated that “a critical part of investor protections is education,” adding that “part of the Task Force’s mandate will be to focus on investor outreach.” The co-director concluded that “an educated investor is an empowered investor, and our goal is to empower investors so that they are able to make informed investment decisions.”

Mrs. Avakian also reiterated that “initial coin offerings… are subject to the requirements of the federal securities laws.”

Do you think that the formulation of the SEC’s Cyber Unit comprises an appropriate response to the regulatory challenges posed by cryptocurrency technology? Share your thoughts in the comments section below!

Images courtesy of Shutterstock

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SEC Details Enforcement Objectives of New Cyber Unit

crypto news, ripple news

Is Ripple for Real? A Closer Look at the Company Behind the Third Most Valuable Digital Currency – Fortune


Fortune

Is Ripple for Real? A Closer Look at the Company Behind the Third Most Valuable Digital Currency
Fortune
Brad Garlinghouse is feeling good. The CEO of Ripple just brought the likes of Ben Bernanke and crypto-wunderkind Vitalik Buterin to a buzzy conference in Toronto, and his company is growing fast. As of this month, Ripple has licensed its blockchain …

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Is Ripple for Real? A Closer Look at the Company Behind the Third Most Valuable Digital Currency – Fortune

cryptocurrency news

Flixxo is changing the future of video streaming with Blockchain Technology

Video killed the radio star may have just been a famous song in the 80s, but it’s definitely a modern truth today.  Even though videos are the biggest source of online content, top sites such as YouTube aren’t capitalizing on the latest advantages in technology.  Because of this, video content creators aren’t being adequately rewarded for their work.  Thanks to Flixxo, that’s all about to change.

The platform offers a decentralized alternative to YouTube and the likes that aim to offer more power and revenue to creators.  These content creators upload their videos to the peer-to-peer network and determine how many tokens, or Flixx, users need to pay to watch it.  The smart contract linked to Flixxo’s blockchain technology allows the creator to decide how the Flixx that they earn will be shared with partners and users who seed the video.

The platform was founded by: Adrian Garelik, a filmmaker and co-founder of Rootstock; Federico Abad, a UX/UI professional who created Popcorn Time; Pablo Carbajo, a cryptocurrency expert responsible for building up Reicoin and Javier D’Ovidio, the CEO of Edrans.

Their user model seems to be impressing some big names, such as Rodrigo Saiegh, who is the executive producer at FAV! Media, which produces social media content for Sony and HBO among others.

“There are a bunch of new trends on digital content production, looking for disruption on digital distribution.  By growing up an economy for teenagers and millennials, Flixxo will develop new business opportunities for such content,” Saiegh said.

In addition, advertising on the platform is extremely unobtrusive.  In fact, advertisers actually purchase Flixx from the content creators.  They then determine how much Flixx they’ll pay out to the users who watch their ads.  It definitely seems like a win-win situation and results in an organic financial ecosystem.

Flixxo’s token presale will begin on the 13th of October with a fixed amount of one billion tokens for sale.  Their crowdsale will start on the 24th of October and will last for 30 days.  During the crowdsale, 300,000,000 Flixx will be available and can be purchased with ETH.  One Flixx is equivalent to 0.00025 ETH.  In addition, early investors can enjoy discounts ranging from 10% to 30%.

A breakdown of the token distribution can be seen below:

The second quarter of 2018 will see the company debut their functional platform, while the fourth quarter of next year sees Flixxo integrating with networks of other video platforms.  In early 2019, the company hopes to integrate gaming, music and marketplace platforms onto their site to continue to work towards their goal of changing the way we share and stream media.

Disclaimer: The opinions expressed in this article do not represent the views of NewsBTC or any of its team members.  NewsBTC is not responsible for the accuracy of any of the information supplied in Sponsored Stories/Press Releases such as this one.

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Flixxo is changing the future of video streaming with Blockchain Technology

cryptocurrency news

Lithuania’s Central Bank Publishes New ICO Guidance

Lithuana’s central bank has become the latest financial institution of its kind of release new guidance for those seeking to organize an initial coin offering (ICO) in the country.

The four-page position note features two sections: one that largely reiterates a 2014 statement effectively banning banks and financial institutions from handling or otherwise working with cryptocurrencies, and another that hones in on the issue of ICOs. It comes on the heels of similar statements from other central banks regarding the legal ramifications of such offerings.

On the question of ICOs, or the sales of cryptographic tokens commonly used to bootstrap a new blockchain network, the central bank outlined a number of national laws that could apply – depending on the characteristics of the project and the function of the token itself.

Marius Jurgilas, one of the central bank’s board members, said in a statement:

“Notwithstanding the fact that such activities are not regulated, in their essence, they are the raising of funds from investors, often unprofessional, to finance some activity. Since the risk of losing investors’ funds and other risks are particularly high, our position is that such offering, in certain cases, should be subject to investment related legislative requirements and restrictions.”

The central bank said that Lithuania’s laws regarding securities, crowdfunding, collective investment schemes and the offering of financial services more broadly could impact the blockchain use case, per the text of the position note.

At the same time, the institution clarified that there is no specific piece of regulation regarding ICOs – a factor that both organizers and investors should bear in mind when moving ahead with any launch plans.

“It should be noted that, when deciding on the application and scope of specific legislation of the Republic of Lithuania for specific ICO, the conditions of the relevant ICO should be analysed and assessed,” the document states.

Image via Shutterstock

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Lithuania’s Central Bank Publishes New ICO Guidance