Category Archives: Cryptocurrency

Dash, the rising alternative to bitcoin, today announced a partnership with one of the worlds oldest bitcoin exchanges with the largest selection of digital assets and national currencies, Kraken Digital Asset Exchange.

Which DASH pairs will be available for trading?

The partnership between Dash and Kraken comes in the wake of a record surge for the cryptocurrency, which experienced a 6x increase in price per ($11 to $72 USD) and a 10x increase in trading volume ($3 million to $30 million USD) across Q1.

Dash VP of Business Development, Daniel Diaz, said:

Kraken is excited to offer Dash on their trading platform and our teams are working closely to ensure clients can begin trading the currency immediately. Kraken is an incredibly well established and well structured organization, and amongst the best in the exchange business. In terms of reputation, they represent the highest standard for client satisfaction. Dash is a project that has implemented very original ideas that resonate well with the market, and as a top tier exchange, Krakens mission is to provide clients with access to digital currencies that are in demand and provide value.

Following several business partnerships around the world, the implementation of the Sentinel software upgrade and the announcement of revolutionary decentralized payments system called Evolution, Dash has been on record breaking trajectory.

Its total market cap skyrocketed from $78 million USD (January 1st) to an all time high of $835 million USD (March 18th), with new international markets unlocked alongside user demand.

Daniel Diaz continued:

As the leading exchange in the Euro market, Krakens global reach helps Dash successfully meet the needs of our users and investors. The entire integration experience was very positive and we have high expectations for the partnership going forward. This is a significant achievement for Dash because our ecosystem needs high quality and trustworthy exchanges like Kraken to thrive, and we know they will play an important role as a fiat gateway.

Based in San Francisco with offices around the world, Krakens trading platform is consistently rated the best and most secure digital asset exchange by independent news media. Kraken investors include Blockchain Capital, Digital Currency Group, Hummingbird Ventures, Money Partners Group, and SBI Investment

Kraken is expected to offer Dash margin trading in the near future.

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Kraken opens Dash trading as cryptocurrency trading volumes soar - LeapRate

Forbes

Mixing Penny Stock With New Cryptocurrency Does Really Not Improve Either Forbes Almost all the coverage you will find about Sunshine Capital Inc is press releases by Sunshine Capital Inc. Sunshine trades over the counter and is currently priced at $6.00 per share making it, in the view of my stick in the mud investor adviser, a ...

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Mixing Penny Stock With New Cryptocurrency Does Really Not Improve Either - Forbes

NEW YORK, April 10, 2017 /PRNewswire/ -- BlockchainOS has engaged EYC3, EY's Asia-Pacific data and analytics capability, to support development of the BOScoin cryptocurrency.

EY's footprint across 150 countries, their global experience in blockchain and cryptocurrency coupled with their leading data and analytics capabilities are critical to the strategy behind the platform.

"EY is very excited to support the BOScoin Platform and sees a very strong potential in blockchain technology for both consumers and businesses," Gwang Rim Yi, Partner for EYC3 Seoul office.

EY will utilise their expertise in the governance realm, drawing from their wide range of experience it has from working with global enterprises and applying it to the BOScoin platform's self-evolving governance system.

"Having the support from such a renowned firm provides us with the global reach and will help provide direction to the design of the platform," CK Park, Chairman of BOScoin.

Most recently BlockchainOS presented the BOScoin platform concept at meetups in Berlin and London, answering questions from the wider community on various interest areas including technical, architecture and design; to applications, operations and governance.

BOScoin is a self-evolving cryptocurrency platform for Trust Contracts. Trust Contracts are self-executing programs on the blockchain similar to smart contracts. BOScoin Trust Contracts provide the foundations for a secure, self-evolving system where non-technical users can also create immutable and shareable contracts on the blockchain.

With US$3 million raised from pre-ICO funding, the official ICO scheduled to commence in a month's time invites the public to participate in the international cryptocurrency platform.

Website - https://boscoin.io Email - contact@boscoin.io

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EY Supporting Global Cryptocurrency BOScoin - Yahoo Finance

Cryptocurrencies like bitcoin should no longer be considered a passing fad, according to Cambridge experts who have carried out the first in-depth study of the sector.

The first global benchmarking study of cryptocurrency, encrypted digital currency used to make online payments, has been carried by the Cambridge Centre for Alternative Finance (CCAF) at the Judge Business School, and shows that millions of individuals are actively using cryptocurrency.

Indeed, the study found there are between 5.8 million and 11.5 million wallets where bitcoins and other cryptocurrencies are stored active in the world today. If the average person has two wallets, this means there are between 2.9 million and 5.8 million individual active users of cryptocurrency today.

It also notes that more than 1,800 people are now working full time in the cryptocurrency industry, as more companies are engaged across various cryptocurrency sectors.

Cryptocurrencies such as bitcoin have been seen by some as merely a passing fad or insignificant, but that view is increasingly at odds with the data we are observing, said Dr Garrick Hileman, research fellow at the CCAF, who co-authored the study with Michel Rauchs, research assistant at the organisation.

Currently, the combined market value of all cryptocurrencies is $27bn, which represents a level of value creation on the order of Silicon Valley success stories like Airbnb. The advent of cryptocurrency has also sparked many new business platforms with sizable valuations of their own, along with new forms of peer-to-peer economic activity.

Though bitcoin was the first decentralised cryptocurrency to emerge, in 2009, there are now hundreds of cryptocurrencies that are being traded. While bitcoin remains the best known and dominant cryptocurrency both in terms of market capitalisation and usage, it has conceded market cap share to other cryptocurrencies declining from 86% to 72% in the past two years. This is further evidenced by the fact that 39% of wallets already offer multi-cryptocurrency support, and nearly one third of those currently without multi-cryptocurrency support have this feature on their roadmap.

Robert Wardrop, co-founder and a director of the CCAF, said: This benchmarking study sheds light on the burgeoning cryptocurrency industry and comprehensively examines the global development of exchanges, wallets, payments and mining sectors. It demonstrates that cryptocurrencies such as bitcoin are undergoing some profound changes in how digital assets are transacted, stored, channelled and generated. The findings of this study will serve to advance useful academic and policy research in to cryptocurrencies and its many implications.

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Is bitcoin here to stay? Why cryptocurrency isn't just a fad - Cambridge News

Prediction markets are quickly becoming one of the hottest commodities in the world of bitcoin and cryptocurrency. Giving everyone in the world the option to wager on any type of event is an intriguing concept. Moreover, it goes to show harnessing the wisdom of the crowd can potentially lead to more precise results. Below are some of the top cryptocurrency prediction markets to keep an eye on.

It is possible a lot of people have never come across the Bitbet platform before. Anyone looking into prediction markets will be somewhat familiar with the platform, as they offer anonymous betting and trading. Users can add their own events, ranging from politics to sports. All funds are stored in a cold wallet for added security. However, the platform looks a bit unprofessional, which may turn off some people.

When it comes to finding a convenient prediction market platform, BetMoose checks all of the right boxes. They even offer two-factor authentication, which is a positive development. Creating events takes a few seconds, and users can even earn a portion of revenue for creating an event. Mobile users may have a bit of a hard time navigating the site, though, although the developers are working on improvements.

It has to be said, Fairlay is perhaps one of the most comprehensive platforms when it comes to trading events. Signing up for an account and creating new events takes mere seconds, which is a positive sign. However, it appears Fairlay is not accessible by UK residents. Although the site layout is a bit basic, it looks better compared to BitBet. It is also worth noting Fairlay operates on a zero-fee structure.

Hivemind is one of the few open source peer-to-peer oracle protocols in the prediction market industry. The platform also allows for anonymous payments, which is quite appealing to specific users. For now, Hivemind is accessible on Windows and Linux, although mobile support is on the horizon. The only downside is how everyone who wants to partake in this prediction market needs to install and run the software client. Then again, not having a centralized front-end is a big bonus.

Hardly anyone will dispute the fact Augur is the market leader when it comes to cryptocurrency-based prediction markets. The million in funding raised during their token sale has certainly been put to good use. Augur uses the Ethereum blockchain, making them one of the very few prediction market platforms to do so.

Moreover, Augur ensures all of the funds are stored in smart contracts, which self-execute. Not having to trust a third party with funds is incredibly valuable. Augur is also open source, and features many different trading events. For the time being, Augur remains in beta, and it appears their mobile app may need a bit of tweaking moving forward. Other than that, Augur is by far the go-to platform for cryptocurrency-based prediction markets.

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Top 5 Cryptocurrency Prediction Markets - The Merkle

Cryptocurrency is a term used for the digitalized currency that is generated and circulated exclusively on internet. It is similar (not same) to that of fiat currency, except for a few points of differences. Laying down those few differences, the first one to top the list is the platform. While the money that many people are still onto fiat currency i.e. paper money or in coin money in the real world, this is in the form of bitcoins (infact bitcoin is the first decentralized cryptocurrency to be introduced in 2009,) altcoin like litecoin, titcoin, so on and so forth which is prominently used in virtual world.

While the paper money is being issued and distributed by the central bank, the cryptocurrency is circulated online in a P2P model. P2P is peer to peer network where the bitcoins are usually given and taken from person to person without any banking control or instruction. You may ask, what are the advantages of using this? There are ample of reasons as to why this is more preferable than printed money and there is also a lot of speculations as to how it has the caliber to take over the world.

Firstly, the mother earth has a restriction to how much of resources she can provide us with. Sure, right now, we might say we can preserve and conserve the resources like gold, steel, metal etc but till when? At one point or another, people will give into their greed and a time will come when the machines might not detect the presence of any metal or non metal, elements or compounds. So, around that time, a digitalized currency can be used as gold or cash. Just like gold, you need to mine, not in the ground but by cracking the cryptography keys.

The second important factor which arises temptations is the fact that no authority, no government or not banks control this digitalized currency. It is decentralized and works in a peer to peer network. The bitcoin is ruled by no one except the parties that are present in the network. The process of giving and taking or buying and selling the bitcoins is very easy and the transaction fee involved is very minimal.

Crypto currencies like bitcoin have the potential to solve the inflation of world economy and actually can also contribute to deflation. People nowadays seem to have more trust in this currency and the protocols involved as they are being vetted by internet specialists. We can trust the block chain which is basically the group of network because we can only transact the money only if we have the keys (private/public) or is able to solve the mathematical problems and is bring approved by the miners who maintain the ledgers. If someone tries to mess it up, the transaction will not work. Crypto currencies follow the principle and the policies of transparency. Several computers on a network have public ledger in the blockchain which contains the information of transactions and the dates and this block chain is accessible by the group of computer on the network.

According to some big companies, this is an innovative and a reliable way of online transaction and only time will tell when such a currency would dominate the economic side of the world.

Read More >> Bitcoin Mining Hardware,1 Bitcoin to Euro

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CryptoCurrency | Digital Currency Bitcoin

The Cambridge Centre for Alternative Finance (CCAF) has published its first study on digital currencies, its usage and the emerging ecosystem supporting the new type of currency. As the report explains, the world of money and finance is transforming before our eyes.

The Global Cryptocurrency Benchmarking Study is CCAFs inaugural research focused on alternative payment systems and digital assets. Led by Dr. Garrick Hileman, the research is designed to holistically examine the global cryptocurrency market and, according to CCAF, is the first of its kind. Michel Rauchs, a Research Assistant at CCAF, co-authored the report.

Dr. Hileman told Crowdfund Insider;

The data we collected indicate that the number of people actively using cryptocurrency is much greater than many people previously thought. Many observers felt that fewer than a million individuals actively use cryptocurrency, but our data suggest that today there are likely well over a million active individuals using cryptocurrency.

The Global Cryptocurrency Benchmarking Study gathered data from more than 100 cryptocurrency companies in 38 countries around the world via secure web-based questionnaires. CCAF said they captured an estimated 75% of the cryptocurrency industry. Over 30 individual cryptocurrency miners were also surveyed. Four key areas were targeted including exchanges, wallets, mining, and payments.

Highlights of the CCAF research include:

Dr. Hileman said that digital currencies like Bitcoin are not a passing fad. The combined market value was estimated at $27 billion. Hileman compared it to the value creation of a high-profile startup like AirBnB.

While Bitcoin may be the first and best-known cryptocurrency to emerge there are now hundreds of different types of digital coinage. Bitcoin does remain the dominant cryptocurrency both in terms of market capitalisation and usage but it has conceded market share to other cryptocurrencies declining from 86% to 72% in the past two years. This was buttressed by the fact that almost 40% of wallets accept various forms of cryptocurrencies.

Emerging cryptocurrencies include; Ethereum, Dash, Monero, Ripple and Litecoin.

This benchmarking study sheds light on the burgeoning cryptocurrency industry and comprehensively examines the global development of exchanges, wallets, payments and mining sectors, added Robert Wardrop, co-founder and a Director of CCAF. It demonstrates that cryptocurrencies such as bitcoin are undergoing some profound changes in how digital assets are transacted, stored, channeled and generated. The findings of this study will serve to advance useful academic and policy research into cryptocurrencies and its many implications.

A forthcoming report will focus on Blockchain or distributed ledger technology (DLT) will also be released in the next few weeks.

. Bookmark the

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Cambridge Centre for Alternative Finance Publishes First Global Cryptocurrency Study - Crowdfund Insider

TaaS, a tokenized closed end fund dedicated to blockchain assets, has partnered with two cryptocurrency exchanges, Livecoin and Ukraines Kuna, to offer its tokens for trading. Userswill be able to trade the tokens after the conclusion of TaaS Initial Coin Offering (ICO), which will run untilApril 27, 2017.

The London Summit 2017 is coming, get involved!

So far, the TaaS ICO has raised more than BTC 2,873 ($3.3 million) from 1539 investors with twenty days left to go.

TaaS Co-founder and President Ruslan Gavrilyuk said: TaaS is proud to partner with Livecoin and Kuna, helping early adopters capitalize on the surging blockchain and cryptocurrency spaces. With the TaaS token tradable on the Livecoin and Kuna exchanges, more investors can gain easy, fully transparent and convenient access to the vast cryptocurrency market.

Livecoin CEO Svetlana Geller said: The partnership with TaaS will aid us in our mission to provide a modern and easy-to-use service for accessing cryptocurrency exchange markets. Our agreement with TaaS will prove mutually beneficial in allowing both companies to bring even more people into the burgeoning space of digital currency investments.

Kuna Founder Michael Chobanian added: Kuna is delighted to add TaaS, an innovator in blockchain technology investment, to the Kuna cryptocurrency exchange. We believe Kunas customers will greatly appreciate the opportunity to take advantage of TaaS groundbreaking offering and that the partnership will help to grow and strengthen Kunas platform.

Excerpt from:
Ukrainian Bitcoin Exchange Kuna Partners Dedicated Cryptocurrency Fund TaaS - Finance Magnates

Forbes

Florida Man Goes From Multilevel Marketing To Cryptocurrency - What Could Possibly Go Wrong? Forbes About Cryptocurrencies. The best known and most used cryptocurrency is bitcoin. A website that tracks the cryptocurrency market indicates that the value of the over 700 currencies that it tracks is just shy of $27 billion. Of that over $18 billion is ...

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Florida Man Goes From Multilevel Marketing To Cryptocurrency - What Could Possibly Go Wrong? - Forbes

Siboin, the Dash forked cryptocurrency is all set to enter the Chinese Markets after the successful run in Siberia (home).

Siboin, the Dash forked cryptocurrency is all set to enter the Chinese Markets after the successful run in Siberia (home). Known as the Siberian Chervonets, the cryptocurrency has launched the Chinese version of its website sibcoin.org. After consolidating its position in the Russian realm, SibCoin is ready to cater to Chinas promising market, full of crypto-enthusiasts and professional traders.

Created in 2015, initially focused on the Russian-speaking cryptocurrency community, SibCoin was intended to be a peoples patriotic project. However, the project gathered unprecedented support from both, the domain experts and rookies alike. Employing encryption algorithms developed by Russian cryptographers above the basics of Dash, SibCoin has not only been able to add value to peoples lives but also proved to be a solace for the ones jittered by the volatility of Bitcoin. In a couple of years, SibCoin has become the driving force behind the consolidation of Russian blockchain community.

Dash, an anonymity-oriented cryptocurrency that has enjoyed strong support in recent times, underwent block size increase to form the very base of SibCoin. As per Evan Duffield, the creator of Dash, the technology offers far less technical complexity as compared to Bitcoin due to an entirely different governance architecture. Noteworthy is the fact that recently, the cryptocurrency went past its earlier resistance level to create a new record.

Reaching more people day by day, SibCoin is now available to trade on Livecoin and YoBit platforms. Moreover, Bittrex one of the oldest and most reputable cryptocurrency exchanges out there, has also enlisted SibCoin recently.

The SibCoin team is currently working on two main areas; payout/payment collection services & exchanges, and the masternode-based services. As per the company, the SibCoin community is going to see a lot of feature additions to the platform during the year 2017.

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Dash-Forked Cryptocurrency SibCoin Enters Chinese Market - newsBTC