THE 3 MOST PROMINENT CRPTO CURRENCIES OTHER THAN BITCOIN – BusinessMole

Bitcoin has not only become a phenomenon, launching a surge of cryptocurrencies based on a shared peer-to-peer platform, but it has also become a dominant model for cryptocurrencies, encouraging an ever-growing community of supporters and spin-offs.

WHAT IS CRYPTOCURRENCY?

Before we look more carefully at any of these Bitcoin equivalents, lets step back and quickly explore what we mean by words like cryptocurrencies and altcoin. Cryptocurrency, narrowly defined, is virtual or digital money that comes in the form of tokens or coins. Although certain cryptocurrencies have penetrated the real world with credit and debit cards or other ventures, the overwhelming majority remain wholly virtual.

The crypto in cryptocurrency applies to complex cryptography that enables the development and transmission of virtual money and their transfers through decentralized networks. Along with this essential crypto aspect of these coins, there is a similar dedication to decentralization; cryptocurrencies are usually created as a code by developers that build on issuing processes (often, but not always, via the mining procedure) and other regulations. Cryptocurrencies are almost always intended to be independent of government influence and regulation, but this fundamental feature of the market has come under criticism as they have become more common. Currencies modelled after Bitcoin are hereinafter referred to as altcoins, and in some cases Shit coins, and have often sought to portray themselves as updated or enhanced variants of Bitcoin. Although some of these alternatives may have some amazing functionality that Bitcoin doesnt have, achieving the degree of protection that Bitcoins systems provide has essentially yet to be seen by an altcoin.

Below, well look at several of the other popular virtual money other than Bitcoin which can be found easily on leading trading exchanges such as BITCOIN EVOLUTION. First of all, though, a disclaimer: it is unlikely for a list like this to be completely detailed. One explanation for this is there are more than 4,000 digital currencies in operation as of January 2021. While most of these digital currencies have hardly any follow-up or exchange rate, others enjoy enormous success within the devoted groups of supporters and traders.

The first Bitcoin substitute on our chart, Ethereum, is a decentralized computing framework that allows Smart Contracts and Decentralized Applications (Dapps) to be developed and operated with no disruption, theft, regulation or intervention by third parties. The aim of driving Ethereum is to create a global range of financial products that everyone on the globe can have unrestricted access to, irrespective of race, nationality or belief. This feature makes the consequences more persuasive for those in certain countries, as those lacking state infrastructure and state registration may have access to banking services, credit, insurance, or several other financial items.

In 2021 Ethereum expects to shift its agreement algorithm from proof-of-work to proof-of-stakes. This transition would cause the Ethereum network to operate on its own with much fewer resources and increased transaction speed. Proof-of-stake requires network users to stake their ether into the system. This method helps protect the system and process transfers that occur. Many that do this are credited with an ether equivalent to an interesting account. This is a substitute to Bitcoins proof-of-work system, where miners are credited with more Bitcoin for processing payments.

Litecoin, released in 2011, was one of the first cryptocurrencies to pursue Bitcoins trajectory and was sometimes alluded to as Silver to Bitcoins Gold. It was founded by Charlie Lee, an MIT grad and ex google developer. Litecoin is centered on a fully accessible decentralized payment mechanism that is not governed by any centralized power and utilizes scrypt as proof of work that can be decrypted with the aid of consumer-grade CPUs. Even though Litecoin is like Bitcoin in many respects, it has a rapid block release rate and thus provides quicker payment verification cycles. Other than programmers, there is an increasing number of traders who embrace Litecoin. As of January 2021, Litecoin had a current valuation of $10.1 billion and a token valuation of $153.88, rendering it the sixth strongest cryptocurrency throughout the globe.

Cardano is an Ouroboros proof-of-stake digital currency developed with a data analysis methodology by developers, mathematicians, and specialists in cryptography. The venture was co-founded by Charles Hoskinson, one of the five founder partners of Ethereum. After experiencing some dissatisfaction with the course Ethereum was going, he quit and eventually worked to build Cardano. The group behind Cardano has developed its blockchain through rigorous testing and peer-reviewed analysis. The developers behind the venture have published over 90 articles on blockchain technologies on a wide variety of topics. This study is the foundation of Cardanos analysis.

As a result of this thorough method, Cardano appears to step out from its peer proof-of-stakes as well as many other big cryptocurrencies. Cardano has also been called the Ethereum killer as his blockchain is shown to be worthy of even more. Well, that being said, Cardano is only in its initial phases. Though Ethereum has defeated the proof-of-stake consensus paradigm, it still has a long way to go in terms of decentralized financial services. Cardano intends to be the worldwide economic operating system by developing open financial goods in the same way as Ethereum, as well as offering solutions for chain standardization, election bribery and contractual agreement tracking, among other items.

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THE 3 MOST PROMINENT CRPTO CURRENCIES OTHER THAN BITCOIN - BusinessMole

How Are They Going to Come at Us? – CounterPunch.org – CounterPunch

Near the end of one of the character Vito Corleones iconic scenes in the movieTheGodfather(1972), he talks to his son Michael about how other mafia families will organize and come after the new don intending to murder him. With political correctness in mind, the scene still has much to teach those whove had this whole, unified rotten political and economic system coming at them for a very long time.

How will neoliberal Democrats and far-right fascists of the Republican Party come at the political left following the reenactment of the Reichstag fire (1933) at the US Capitol on January 6, 2021?

Had the forces of reaction had an organized Il Duce (For those still sensitive about labels, the idea of a Fhrer is also well suited for the role.) at its helm anytime from election day November 2020 on, then those of us on the left would have been in deep shit. We lucked out as a bumbling narcissist was in control.

Had protesters from the Black Lives Matter movement, or the left demonstrated at the Capitol on January 6, 2021 in large numbers with the intent of making a strong statement against the power elite, the result would have been obvious.

Those on the left know that our rights have been hammered away since the attacks of September 11, 2001. Our voices were silenced earlier by the destruction of the Vietnam Syndrome, or the hesitancy of those in the US to back war. Edward Snowdens revelations about the National Security Agencys collection of the phone data of ordinary US citizens got him a one-way ticket to Russia, the alternative being a long prison sentence in a maximum security US federal prison. Readers need only look as far as former Army member Chelsea Manning to learn how the government will come at those who choose to inform the public about what is going on behind the scenes of US endless wars.

We on the left need to know about the most extreme cases of censorship, but our own experiences over decades inform us about how censorship and self-censorship work in limiting what the mass media will air. When was the last time thatMSNBC, CNN, CBS, PBS, NPR,or theNew York TimesorWashington Postaired or wrote a major piece about public intellectuals like Noam Chomsky or Chris Hedges? Dont hold our collective breath until those media outlets run and air stories about the left or a critical analysis about the right. The fire is burning amid the ashes of republican democracy, but dont ask for rational assessments about the military-industrial-financial class of immensely wealthy elites to happen soon.

Over the past several years, the march to privatize and censor some on the Internet has moved along with many sites such as the one on which I write these words harder to find during a search of topics on search engines. Just as the algorithms of consumerism are in place when a consumer looks for a pair of sneakers, so are algorithms in place to steer those on the Internet away from critical commentary and information.

We know the propaganda machine behind the erroneous claim that Russia was behind Hillary Clintons loss to Donald Trump in 2016 and that the US only has noble designs for its part in the war in Syria. Even some media outlets on the left will throw in their support with the noble cause of the endless proxy war in Syria.

What we dont know with any level of certainty is how many members are on the far right and how many of those people are armed and ready to carry out attacks against innocent people Homeland security warns of heightened domestic terror threat after US Capitol attack,Guardian, January 27, 2021):

The US Department of Homeland Security on Wednesday issued a national terrorism bulletin warning of the lingering potential for violence from people motivated by anti-government sentiment after Joe Bidens election.

The bulletin suggests the riot by a mob of Donald Trump supporters at the US Capitol on 6 Januay [sic] may embolden extremists and set the stage for additional attacks.

We know that some on the left have voiced sympathy with the Capitol marauders in a kind of I feel your pain missive. The left needs to be cognizant of fatal contradictions before taking up the cause of people who have lethal military-style weapons and ammunition and are ready to implement deadly plans against innocent people. One popular program that airs on the Internet recently featured an interview with a self-identified member of the far-right Boogaloo Boys. A semi-automatic rifle stood against the wall of the room in which the interviewee sat, located just to the left of a backpack. The insanity of the US gun culture and its melding with the far right could be easily identified from that scene (Jimmy Dore Boogaloo Boys Interview Sparks Outrage Among Critics: Youre a Sucker,Newsweek, January 25, 2021).

Glen Ford of theBlack Agenda Reportwrites:

The U.S. corporate ruling class finally has its Reichstag fire to justify suspension of constitutional liberties under cover of national emergency. (Democratic Fascists Prepare to Drop the Hammer, January 28, 2021).

It cant happen here? The Red Scare and McCarthyism are proof that it can! A splintered, weak, and divided left would have been no match for an organized assault that continued after January 6, 2021. The assault of the foot soldiers of the right will regain strength as long as real and imaginary injustices go unanswered and as long as there are those who plan and enjoy murder and spread hate (Its endemic: state-level Republican groups lead partysdrift toward extremism.Guardian, January 31, 2021). The equation of white supremacists, anti-Semites, anti-immigrant louts, Islamophobes, misogynists, radical-right insurrectionists, with a nation-wide elected political base and millions of supporters does not point to the survival of republican democracy. That inequality has grown since the move toward a deindustrializedsociety since the 1970s is fodder for the far right (An Emboldened Extremist Wing Flexes Its Power in a Leaderless G.O.P.,New York Times, February 1, 2021). Many are dedicated to the Medieval premise of anti-science.

The late singer-songwriter Phil Ochs had it right inCrucifixion: But ignorance is everywhere, and people have their way.

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How Are They Going to Come at Us? - CounterPunch.org - CounterPunch

War No More: 250 Years of Military Dissenters and Deserters Celebrated in New Book – The Indypendent

Almost 250 years ago, in 1777, Jacob Ritter, a member of the Pennsylvania militia, assessed the carnage surrounding him on the battlefield and decided, right then and there, that he would never take up arms again. The rest of Jacob Ritters life was shaped by that moment of conscientious objection, a term invented a century before, reports Chris Lombardi, author of I Aint Marching Anymore: Dissenters, Deserters, and Objectors to Americas Wars.

Whats more, Lombardi notes that while Ritters position was not particularly popular, it was also not unique, and in the centuries since, scores of people have not only opposed war, but have resisted other aspects of militarism, from paltry wages paid to servicemembers, to opposition to the racism, sexism, homophobia, and imperialism that have long been endemic to U.S. policy.

This big-picture overview makes Lombardis meticulously researched text essential reading. Beginning with Ritters revolutionary act of conscience, she covers every armed conflict the US has engaged in and zeroes in on the many principled acts of courage that have turned flag-waving patriots into anti-war activists. The result is both harrowing and inspiring.

That said, there are some odd omissions, among them the sidestepping of Vietnam-era resistors who fled to Canada, choosing to uproot themselves from their friends, families, and communities rather than face imprisonment or ascend into harms way. But this is a small criticism in an otherwise sweeping look at an important piece of under-reported history.

Among the most interesting nuggets in the book is Lombardis deep dive into the role that social classpovertyhas always played in determining who enters military service. Prior to and during the Civil War, for example, Lombardi writes that virtually every recruit had been wooed in advance by promised signing bonuses of three months payMany enlisted for the sake of their families, having no employment, and were promised that they could leave part of their pay for their families to draw in their absence.

Sadly, then, as now, promises made were not promises kept and thousands of men deserted, walking away in fury and despair when the money did not materialize. This, Lombardi notes, was particularly glaring for soldiers of color. The Armys refusal to give Black soldiers equal wages caused some to desert rather than work without pay. A few even chose execution rather than return to duty, she writes.

The author makes a deep dive into the role that social classpovertyhas always played in determining who enters military service.

As enraging as this was, Lombardi adds that not every desertion was motivated by principle, with some warriors going AWOL because they were too psychologically damaged to continue fighting, suffering from what was then called nostalgia or soldiers heart. We now know this condition as Post- Traumatic Stress Disorder or PTSD. In fact, between 1861 and 1866, she writes, government reports acknowledged 5,213 cases and 58 deaths attributed to nostalgia among white troops, with 334 and 16 deaths among colored troops.

The Civil War is where the emotional damage of war became an area of medicine, Lombardi explains. The War also created the first generation of writers for whom that damage yielded dissent, including Marine veteran Herman Melville and Army nurse Walt Whitman.

In subsequent generations, writers Kurt Vonnegut, Howard Zinn and Ron Kovic; filmmakers John Houston and Oliver Stone; and cartoonist Bill Mauldin used their military experience to create art with an explicitly antiwar message, finding in creative expression a way to affirm that war is hell.

Not surprisingly, this message is repeatedly hammered in I Aint Marching Anymore, but Lombardi also tackles voluntary enlistment and interviews dozens of soldiers who signed up only to later discover that theyd made a huge mistake. The many organizations that assist themfrom Veterans for Peace to the War Resisters League to the Central Committee for Conscientious Objectorsare showcased and Lombardi paints an ardent portrait of their day-to-day efforts. In addition, our eras most prominent resistersDaniel K. Choi, Stephen Funk, Chelsea Manning, and Reality Winner are introduced as exemplars of bravery and integrity, committed veterans-turned-activists who are willing to speak truth to power and assert that peace is possible.

I Aint Marching Anymore: Dissenters, Deserters, and Objectors to Americas WarsChris LombardiThe New Press, 2019304 pages

Please support independent media today! Nowcelebrating its 20th anniversary,theIndypendentis still standing but its not easy. Make arecurring or one-time donationtoday orsubscribeto our monthly print edition and get every copy sent straight to your home.

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War No More: 250 Years of Military Dissenters and Deserters Celebrated in New Book - The Indypendent

The National Security State Shields One of Its Own MiscreantsAgain – The National Interest

The shocking double standard with respect to violations of federal law committed by members of the national security bureaucracy compared to similar offenses by whistleblowers is on display once again. In late January, federal judge James Boasberg sentenced former FBI assistant general counsel Kevin Clinesmith, who admitted falsifying evidence submitted to the Foreign Intelligence Surveillance Act (FISA) court for a warrant to spy on Carter Pageaonetimeforeign-policy adviser to former President Donald Trump. Boasberg sentenced Clinesmith to a mere twelve months probation and four hundred hours of community service. The judge said the evidence persuaded him that Mr. Clinesmith likely believed that what he said about Mr. Page was true.

A Wall Street Journal editorial points out just how much that excuse lacks credibility since prosecutors made clear that evidence of Mr. Clinesmiths animus toward Donald Trump is considerable. As for being an honest mistake, remember that Mr. Clinesmith changed an email confirming Mr. Page had been a CIA source to one that said the exact opposite, explicitly adding the words not a source before he forwarded it.

Moreover, his forgery was only the most egregious abuse that he and other officials committed in the FBIs handling of the Page case and the rest of the Crossfire Hurricane investigation into Russia collusion allegations. The Dec. 9, 2019 report by Justice Department Inspector General Michael Horowitz identified seventeen major instances of improper behavior, including violations of standard procedures and safeguards for the rights of individuals targeted in an investigation.

Boasbergs decision to give Clinesmith the proverbial slap on the wrist is typical of how the courts have treated loyalist national security bureaucrats even when theyre caught red-handed committing crimes. Two other cases stand out as especially outrageous examples: the plea deals given to Bill Clintons former national security adviser, Samuel R. Sandy Berger, and Barack Obamas former CIA director, David Petraeus.

Evidence emerged that in 2000 Berger had illegally removed classified documents on two separate occasions from the National Archivesreportedly by stuffing them down his pants before exiting a secure reading room. After months of negotiations with federal prosecutors, he entered a guilty plea to a misdemeanor charge of mishandling classified material. It was, to put it mildly, an extremely generous offer by the government, since Bergers theft of highly classified materials was so brazen.

Treating such a violation of law as a mere misdemeanor was the operational definition of a sweetheart deal, but the penalty phase of the plea bargain was even worse. Not only did Berger avoid having to serve any jail time, the penalties he did experience was little more than a cynical joke. He had to pay a $50,000 fine and relinquish his security clearance for three years. The court also sentenced him to one hundred hours of community service. Someone with Bergers economic means probably could pay $50,000 out of the familys petty cash account.

The Petraeus case was an even clearer example of how the Washington national security establishment protects one of its own. His criminal conduct occurred when he served as the commander of U.S. military forces in Afghanistan, although it did not come to light until later when he was head of the CIA. After a lengthy FBI investigation, Petraeus admitted that he gave highly-classified journals to his lover, Paula Broadwell, who was writing a laudatory biography. He also admitted that he had lied to FBI and CIA investigators about his conduct when first questioned.

Despite such flagrant misconduct, Petraeus only had to plead guilty to a single misdemeanor charge of unauthorized removal and retention of classified information. Moreover, as part of the plea bargain, he did not have to serve a single day behind bars. His sentence consisted of two years of probation and a $100,000 fine. Although the latter might seem a significant financial penalty, it was reportedly less than Petraeus charges for a single speaking engagement.

While national security insiders are routinely given the kid-glove treatment that Berger, Petraeus, and Clinesmith received, the experiences of whistleblowers who dare expose even the most blatant misdeeds by those agencies are very different indeed. Stephen Kim, a former State Department official, pled guilty to one count of violating the 1917 Espionage Act for merely discussing a classified report about North Korea with Fox News reporter James Rosen. Moreover, the report itself was subsequently described in court documents as a nothing burger in terms of its sensitivity. Yet, even with a plea deal, Kim was given a thirteen-month sentence in federal prison.

CIA agent John Kiriakou and Army private Chelsea Manning, who disclosed classified information in the course of blowing the whistle on U.S. government abuses (and in Mannings case, outright war crimes), received even longer sentences. Kiriakou was given thirty months in federal prison. Mannings penalty was the most shocking and draconian of all. She was sentenced to thirty-five years, although Barack Obama commuted her sentence once she had served seven years. One can only imagine what Edward Snowden would face if U.S. authorities ever got their hands on him.

The double standard at play could scarcely be more blatant. The U.S. justice system crucifies whistleblowers and other critics who expose the misdeeds of or otherwise embarrass the mandarins in charge of national security policy. Conversely, high-level members of that governmental club have little to fear even when there is irrefutable evidence of their criminal behavior. The Clinesmith case is the latest confirmation that the corruption and lack of accountability is pervasive.

Ted Galen Carpenter, a senior fellow in security studies at the Cato Institute and a contributing editor at the National Interest, is the author of twelve books and more than nine hundred articles on national security and international affairs.

Image: Reuters

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The National Security State Shields One of Its Own MiscreantsAgain - The National Interest

Cryptocurrency Ethereum hits record high ahead of CME futures launch – Reuters

FILE PHOTO: Representation of the Ethereum virtual currency standing on the PC motherboard is seen in this illustration picture, February 3, 2018. REUTERS/Dado Ruvic/Illustration/File Photo

LONDON (Reuters) - Ethereum hit all-time highs on Wednesday, breaking above $1,500, as traders bought the cryptocurrency ahead of the launch of ethereum futures on the Chicago Mercantile Exchange next week

Ethereum has seen year-to-date gains of around 120%, compared with bitcoins 30%, and hit a new high of $1,576.7 in early London trading on Wednesday.

The listing of ethereum futures on a regulated exchange should serve to enhance the crypto market structure by allowing investors to gain exposure to the second most important cryptocurrency as a diversifier to bitcoin, or for simply hedging existing ethereum exposures, wrote JPMorgan strategists in a note to clients.

It may be that this weeks listing of ethereum futures contracts will be followed by negative price dynamics by enabling some holders of physical ethereum to hedge their exposures, they added.

But they continued: a successful launch of ethereum futures this month is likely to be followed by options on ethereum futures, perhaps as early as 2022, in a similar manner to the launch of options on bitcoin futures in the first quarter of 2020.

Led by bitcoin, cryptocurrencies are gaining traction with more mainstream investors. The euphoria boosted the total market value of all cryptocurrencies above $1 trillion for the first time earlier in January.

Graphic: Ethereum outguns other coins

Reporting by Elizabeth Howcroft. Editing by Mark Potter

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Cryptocurrency Ethereum hits record high ahead of CME futures launch - Reuters

Singapore-based Cryptocurrency Firm TABANK Launches an End-to-End Financial Services Platform Powered by Blockchain Technology – GlobeNewswire

Singapore, Feb. 03, 2021 (GLOBE NEWSWIRE) -- Singapore-based cryptocurrency firm TABANK is offering a range of unique financial products to enable sustainable trading, investments, online payments, lending, and savings.

The concept of currency has evolved massively over centuries. What started with the barter system has now made its way through the gift economy, gold, medieval coins, banknotes, electronic payments through credit and debit cards, now to cryptocurrencies. The growth of blockchain technology has further accentuated cryptocurrencies into the mainstream. Today, cryptocurrencies are well on track to challenge the traditional banking system as it provides more convenience, safety, control, and transparency that ist traditional counterpart. Despite the astronomical growth of cryptocurrency systems, there is still considerable scope of improvements in terms of utility, safety, and convenience being offered to the users. Singapore-based cryptocurrency firm TABANK, a part of the TAB Group is bridging these gaps through its end-to-end cryptocurrency platform.

About TABANK

TABANK is a global online digital banking platform that offers multi-dimensional utilities. Apart from being an online payments platform, it also offers sustainable savings, lending, and investment solutions under one single platform, thus adding a tremendous amount of convenience and value to the user experience. TABANKs crypto platform is powered by blockchain technology that also makes its safe, secure, and transparent. With this, the organization aims to connect 36,000,000 users from varied sectors including but not limited to Banking, real estate, hotel, tourism, e-commerce, investment channels, media, service and entertainment channels, etc.

What does TABANK offer?

One of the most unique aspects of TABANK is its underlying architecture that implements a string blockchain named Tomo Chain. The fact that Tomo Chain works on advanced algorithms that deploy the Proof of Stake mechanism makes TABANK on the safest, most secure, and convenient platform to use. More interestingly, Tomo chain makes TABANK a faster and cheaper platform to use - the two parameters that are most talked about in the blockchain and cryptocurrency space. Furthermore, this framework makes it extremely easy to deploy decentralized applications on the platform, thus enabling seamless financial functionalities and flexibility.

TABANK works with the sole objective of secure handling user assets while delivering consistent profit maximization. For this, it offers a range of diversified financial products loans, investment vehicles, and digital crypto wallets, each of which presents the opportunity to trade independently at any point irrespective of geographic boundaries. The TABANK platform is powered by its unique cryptocurrency or digital token named TAB. As of now, TAB token sale is ongoing, and it is scheduled to be listed on international exchanges in the later part of 2021.

Being led by an experienced team of technology professionals, TABANK promises to deliver tremendous value in the cryptocurrency space through its wide range of innovative financial products that are powered by a robust blockchain framework.

To know more, please visit the TABANK official website.

Media Contact Details:Company Name: TABANKCompany Website: https://tabank.org/Company Email: admin@tabank.org

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Singapore-based Cryptocurrency Firm TABANK Launches an End-to-End Financial Services Platform Powered by Blockchain Technology - GlobeNewswire

It’s Time For The SEC To Overhaul Cryptocurrency Regulation – Law360

Law360 (February 3, 2021, 5:13 PM EST) -- In the waning days of U.S. Securities and Exchange CommissionChairman Jay Clayton's tenure, the agency filed a suit against executives of Ripple Labs Inc., arguing that the cryptocurrency associated with the company, XRP, was an unregistered security.

The SEC alleges that Ripple executives raised $1.38 billion in funding from sales of XRP over an eight-year period. The SEC's decision to wait eight years, and over a billion dollars later, before filing this complaint was irresponsible.

More importantly, why is XRP considered a security by the SEC, but other cryptocurrencies like Ethereum and Bitcoin are not? And will those lines be drawn...

In the legal profession, information is the key to success. You have to know whats happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

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It's Time For The SEC To Overhaul Cryptocurrency Regulation - Law360

The Impact of Cryptocurrency on the Gambling Industry – Finance Magnates

Blockchain technologies have already been seamlessly integrated into many industrial companies, and the online gambling sector is the latest to have been revolutionised by this technology.

In fact, cryptocurrency is turning the gambling industry upside down. Bitcoin is increasingly being used to make both deposits and withdrawals in internet casinos, either directly, or through services like Skrill and Neteller, which some casinos such as https://energycasino.com/en/ have integrated so that users can easily exchange their currency.

There are many reasons why these cryptocurrency casinos are so popular. Here we will outline just some of these:

One of the main benefits of opting for a cryptocurrency is that this form of gambling offers complete privacy. Players engage anonymously, enabling them to focus solely on the way their game progresses rather than what other players can or cant see of their progress.

Whats more, blockchain technology guarantees the security of online casinos. As anyone familiar with blockchain technology will know, all transactions carried out during the game will be recorded and then assigned their own codes.

If youre lucky enough to win? Then your funds can be transferred instantly into your own electronic wallet and either used for other cryptocurrency transactions, or converted into cash without being bound to any bank or financial institution.

This minimizes any transaction fees being applied to your earnings. Bitcoin has the edge over other cryptocurrencies in this arena because it is easily split into smaller pieces; small bets are easy to place on certain games, such as https://energycasino.com/en/slots or low stakes poker, which makes this particularly appealing.

Baring all of this in mind, its easy to see why cryptocurrencies are so popular for the players who regularly enjoy online casino gaming.

Many commentators perceive cryptocurrencies and online casinos to be a match made in heaven. Thanks to mobile technology making the online casino industry much more portable, online casinos have only become ever popular, with fans about to engage whenever and wherever they wish.

Cryptocurrencies have offered a unique selling point for many online casinos, attracting a new customer base and many casinos offer special benefits and offers that other forms of traditional currency simply cant compete with.

Another interesting aspect of the match between cryptocurrencies and online casinos is that a number of countries do not recognise many cryptocurrencies as a valid form of currency; this means that for many online casino fans, they are not actually betting with real money but ultimately could convert and make gains in real currency if they win.

This is also beneficial to the casino itself, as if a casino only offers cryptocurrency betting, they are not considered to be gambling in cash and therefore traditional gambling regulations dont apply to them. Its an interesting approach, and one that could appeal to many.

Cryptocurrency casinos are a product of the digital age, and they have already won the hearts of a myriad of online casino fans.

The fact is that there is no room for paper and coin commodities in this digital age, and so we are sure to see cryptocurrency and casinos continue to work together in synergy.

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The Impact of Cryptocurrency on the Gambling Industry - Finance Magnates

Should You Buy Coinbase When It Goes Public? – Motley Fool

In one of 2021's most anticipated IPOs, massive cryptocurrency exchange Coinbase is planning to go public through a direct listing. And while the IPO market has been red-hot recently, reports indicate that Coinbase could fetch a valuation of $50 billion to $75 billion as a public company. In this Fool Livevideo clip, recorded on Jan. 25, Fool.com contributor Matt Frankel and Industry Focus host Jason Moser talk about the upcoming IPO and what they're watching.

Jason Moser: Coinbase, this is an interesting business just based on what they do. This is your favorite part of the financial sector, right, cryptocurrency. I'm just kidding. [laughs]

Matt Frankel: Well, before we get into this whole segment, I want to say just because we are talking about these two companies doesn't necessarily mean I'm planning on buying the IPOs.

Moser: Right. That's a good point to make. This is not advice to invest in these businesses. We're giving you a little bit more of an understanding of what these businesses are and why folks are paying close attention to these IPOs.

Frankel: Anyone who has listened to us more than once knows that bitcoin is not my favorite place to put money.

Moser: Yeah. Well, with that in mind.

Frankel: With that in mind.

Moser: Coinbase, because Coinbase is a cryptocurrency exchange. That's essentially what it is.

Frankel: Yeah, they're a cryptocurrency exchange.

Moser: Why does this IPO have you so intrigued?

Frankel: Well, the reason I'm really interested in it is because the cryptocurrency market is almost at a trillion dollars in total market cap right now. A lot of the smaller coins are really gaining popularity. Coinbase is adding additional options. They offer 43 different cryptocurrencies on their platform right now. They have $90 billion in digital currency under management right now. They are a big deal. They've done $455 billion in volume since they started and most of that is pretty recent. There's over 43 million people who use Coinbase. Even if I'm not one of them, some people like it.

Moser: Sure. [laughs]

Frankel: What I'm really watching is how much the market's going to think this thing is worth. In December, a pretty good estimate put it at $28 billion valuation, which given the size of the market seems cheap. But then another report a week or two later said it could get up to $75 billion in an IPO valuation.

Moser: Wow.

Frankel: That's a pretty big range for estimates within a couple of weeks of each other, and these were all estimates done by crypto experts. It's not like one was by someone who is down on this space and one's by someone who is really optimistic. That's a pretty big range. They filed a confidential S-1 filing, so we don't know that much about how much their sales have been, how much their revenue's growing. With crypto prices kind of all over the map over the past few years, it's really tough to even put that into context when you do see the numbers.

Moser: Yeah.

Frankel: Bitcoin's tripled over the past year, so if they say their revenue's tripled, is that just because bitcoin has gone up in price or is it because the platform is getting more and more attention? There's a lot of questions to be asked. This one is kind of a TBA in terms of when it's going to actually happen. They did a confidential filing, we'll get some more information before they go public. Airbnbdid their confidential filing months before they went public. So we don't know the exact timetable. It's entirely possible a SPAC could swoop in and take them public at this point. But one thing that I saw today that was really interesting, Coinbase is going to sell shares to its members before the IPO, privately.

Moser: Wow.

Frankel: They sent out an email today. They're going to send all their members an email at, they said, noon Pacific Time, which is 3 p.m. our time, detailing the process. I am going to be keeping an eye on that to see, because to do that, they're going to have to say something about the valuation.

Moser: I would imagine so. Yeah. [laughs]

Frankel: They're not just going to say, you're going to pay $20 a share. They're going to say what that's based on. I'm going to be paying attention to that. Coinbase is really on my watch list just because I have a lot more questions than answers, is the key takeaway.

Moser: Yeah. Well, that will definitely be an interesting one to learn about, and it feels like the market would receive it probably well just based on all the enthusiasm in cryptocurrency today. But as you mentioned, there are a lot of questions in regards to the actual business and how it makes its money, and what that is really all dependent on, and we won't know that until more documents come out. I know there's been chatter of this IPO hopefully happening at some point early in February. Again, like you said, it's really to be determined, we just don't know yet, but certainly one to keep an eye on and one that I am certain we will garner a lot of interest when it does finally go public.

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Is The Ban on Private Cryptocurrency a Step in The Right Direction? Here’s What India Thinks – India.com

New Delhi: As the Modi government looks to introduce a new bill to ban private cryptocurrencies such as bitcoin and have its own official digital currency, industry leaders are in panic mode and are urging the government to engage them in the decision-making process. Voicing their concerns, many digital currency trading platforms, have said an outright ban will be counterproductive and regulation is a better way of curbing illegal activity using cryptocurrencies. Also Read - Cryptocurrency Ban: India Plans to Introduce New Law Prohibiting All 'Private Cryptocurrencies'

While no concrete decision has been made, we assessed the mood of the nation and asked Indians whether banning cryptocurrencies altogether is a step in the right direction. Recently, Rohit Chadda, CEO of Digital Publishing at Zee Group, conducted a Twitter poll asking users, whether the government move is justified. He asked in a tweet, With #IndiaWantsCrypto trending. Do you think the governments proposal on the ban of private #cryptocurrency in India is justified?

The final results are now here and a majority of Indians think that the ban is not fair. A whopping 84 percent of users said no, while only 16 % think that the governments decision is justified.

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Notably, The Cryptocurrency and Regulation of Official Digital Currency Bill 2021 would prohibit cryptocurrencies in India and provide a framework for creating an official digital currency to be issued by the Reserve Bank of India (RBI). The RBI had previously prohibited crypto trading for almost two years before that ban wasoverturnedby the Supreme Court in March 2020.

Notably, governments around the world have been looking into ways to regulate cryptocurrencies but no major economy has taken the drastic step of placing a blanket ban on owning them.

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Is The Ban on Private Cryptocurrency a Step in The Right Direction? Here's What India Thinks - India.com