Eminibtc

https://wintub.com/?r=1655198

Binance Believes it can Manage Regulatory Issues Better than Libra

Reading Time: 2 minutes by Ashwath Balakrishnan on August 30, 2019 Altcoins

After the future of Libra was put in doubt, a number of projects have announced their intent to bring the same vision to life. A Bloomberg report details how top brass at Binance are confident of their ability to successfully launch Venus, with little friction from regulators, August 29, 2019. Venus will target partnerships with emerging market governments, claiming it aligns with Beijing’s financial infrastructure aspirations.

Bringing Venus to Life

Binance is growing confident in their ability to launch a stablecoin that is tied to a basket of fiat currencies for mass usage.

He Yi, the lesser-known co-founder of Binance, echoed Facebook’s sentiment that they will only launch their product after thorough consultations with authorities in jurisdictions they plan to launch in.

The exchange is actively seeking partners to help them turn this dream into a reality. He Yi stated that Binance drew inspiration from Libra (no surprise there), but wants to work on the shortcomings of the project; namely, their inability to sway regulators.

Just as Libra, Binance will set up a completely new entity to control the development of this project. In all honesty, it sounds eerily similar to Libra – and this is resonated by notable figures in the industry.

Hu Tao, founder of TokenInsight, believes that Binance is bound to face the same degree of regulatory scrutiny that Facebook saw. While concerns around Facebook are more centered around privacy and money laundering, governments would be wary of a pure cryptocurrency company setting up global financial infrastructure.

Redundant Project in Light of CBDC Launch?

He Yi stated that Venus is predicated on China’s digital ambitions, but does this make sense after China has finally announced their sovereign digital currency?

Looking at Venus with regard to the Chinese CBDC, it is quite

Binance DEX to List First Blockchain-As-A-Service (BaaS) Token Morpheus Labs (MITx)

Reading Time: 2 minutes by Edoardo Vecchio on August 29, 2019 Altcoins

The first Blockchain-as-a-Service (BaaS) token MITx, made by Singapore-based company Morpheus Labs, will soon be listed on Binance DEX according to an official announcement released on August 28, 2019.

The New BaaS

Morpheus Labs, a Singapore-based blockchain company that provides Blockchain-as-a-Service (BaaS) solution to enterprises for easy prototyping, deployment, and integration, is soon launching on Binance DEX. The Morpheus token MITx will be utilized in the primary form of payment method to subscribe to the platform.

The MITx token will be listed in pair with Binance native token BNB starting from September 2, 2019, at 8.00 PM (MGT+8).

According to the official statement published on the company’s Medium, Morpheus Labs is undertaking a community-driven approach in order to provide stakeholders with significant information and hopes it will become a market standard for future listing projects.

The main objective of the company is to build a comprehensive and inclusive BaaS and App Marketplace that enables organizations and developers to rapidly design, develop, deploy, and operate distributed applications at a fraction of the current cost and time.

The official announcement also contains a guide for using the company’s Bridge, a service that allows users to swap MITx ERC20 tokens for MITx BEP2 tokens, Binance chain native tokens.

Users will only have to access Morpheus Labs Bridge and provide their BNB address. Once MITx ERC-20 tokens are successfully deposited in the address generated by the bridge, tokens will be swapped for MITx BEP2 tokens almost instantly.

The Rise of Binance DEX

Binance DEX was announced to the community back on April 18, 2019. At the time, they explained that validators of the Binance Chain blockchain would begin creating the native BNB token (BEP-2).

The first five millio

Ethereum Foundation Update: $2 Million of Grants Disbursed for ETH 2.0

Reading Time: 2 minutes by Ashwath Balakrishnan on August 27, 2019 Ethereum

The Ethereum Foundation has updated its community via a blog post on the projects and developers who have been giving a grant for their work on ETH 2.0 and ETH 1.x, August 26, 2019. ETH 2.0 is scheduled for early January 2020, but some people have their doubts whether this is achievable in just four months. The largest grant of $725,000 was given to Prysmatic Labs.

Projects Funded

The grant to Prysmatic Labs has been given for the development of a sharding enabled full node client, meaning it could phase out Geth and Parity as the main node operators.

Harmony, which recently had an initial exchange offering (IEO) on Binance, was given $189,000 to help develop the Beacon chain for ETH 2.0. The Beacon chain will act as the nervous system of the network, connecting the Proof of Work layer (PoW) to the Proof of Stake (PoS) layer and directing the flow information between the two.

Sigma Prime and Status have been given a combined $485,000 and $500,000 respectively to build their own client implementations. This confirms the fact that the Foundation is trying to spread out the use of clients, rather than limiting it to a one or two as seen in Bitcoin.

Whiteblock and Chainsafe have also been given grants to work on development and testing for ETH 2.0. Chainsafe is working on a JavaScript based light client while Whiteblock will test the network and evaluate interoperability. Additionally, Whiteblock will be analyzing the slightly controversial libp2p implementation.

ETH 2.0 as a Gamechanger

The only thing that has held Ethereum back on paper is their inability to process transactions like EOS and TRON. While EOS has largely overstatedtheir throughput, they still have throughput much greater than that of Ethereum.

Scaling for Ethereum on-chain is an essential function, unlike in Bitcoin where the network is purposefully

Ravencoin (RVN) now Supported on tZERO Android and iOS App

Ravencoin was declared one of the most exciting cryptocurrencies of 2019, and Overstock CEO Patrick Byrne has confirmed that he believes in what the project is trying to achieve as he announced that tZERO would be listing it on their platform, August 20, 2019. Ravencoin allows for instant settlement of money over a decentralized network. It allows for the transfer of digital assets, securities, fiat currency, or any other custom asset.

RVN Growing Fast

The multiple use cases that come together on the Ravencoin network had offered cryptocurrency users instant settlement in almost any asset imaginable.

Overstock is one of the largest public companies that ventured into crypto, doing so with tZERO – a wholly-owned subsidiary of the company.

Support for Ravencoin has been updated in the iOS and Android apps, and at the time of the press release was pending approval in the iStore.

Most exchanges focus on the liquidity requirements of the ecosystem by enabling buying, selling, depositing, and withdrawing cryptocurrencies. Adding support for a much less liquid coin over the likes of XRP, B*H, and LTC – to name a few – shows the company’s individual vision when it comes to developing the industry.

Overstock CEO, Patrick Byrne, offered the following comment:

“It’s exciting enough that the tZERO Crypto app will let one trade RVN. In addition, Ravencoin’s design makes it ideal to be woven into our grander vision of a blockchain tech stack for society.”

Overstock as an Adoption Driver

As one of the largest companies working on cryptocurrency adoption in the world, Overstockhas the potential to drive more users toward the space.

Retailers like Overstock, Amazon, and Walmarthave the option of growing within their established realms and expanding outside of it too. They can convert their current users into new customers on tZERO as well as focus on acquiring new customers like any other cryptocurrency exchange

New York Supreme Court Dismisses Bitfinex Petition

Earlier this month, Bitfinex filed a petition with the New York Supreme Court claiming that the New York State Attorney General (NYAG) was wrongly investigating Bitfinex as New York lacks the jurisdiction to do so. This argument was based on the fact that Bitfinex claims they have never catered to customers in the state. The court was quick to overrule this and dismissed this petition, allowing the NYAG to continue the investigation, August 19, 2019.

Bitfinex Inquiry Continues

Since the petition on jurisdictional grounds has been dismissed, Bitfinex will now be looking to solidify their case with evidence, testimony, and extensive documentation.

Bitfinex claimed they never served New York residents and have actually enforced a geo-block for the state of New York. The state requires companies operating in the cryptocurrency space to gain approval from the State Department of Financial Services and obtain a BitLicense.

Bitfinex’s lawyers claim that even if the state can prove they served customers in New York, they cannot establish whether the customers were harmed by the exchange. In reality, this doesn’t matter, as if the NYAG can prove they conducted business with customers in the state, they will be fully backed by the Supreme Court to investigate the company.

Business Hardly Affected

After the news of the investigation was first announced in April 2019, it was feared that litigation of this sort could pull the market down – especially considering the market had a short term spiral to the downside when it was announced.

However, the market has recovered big time since then, surging almost 150 percent to a range high of $13,900. Bitfinex’s exchange business hasn’t suffered either, as earlier speculated by market observers.

The exchange boasts a total volume of just over $120 million with 54 percent of it coming from their BTC/USD pair.

Tether (USDT) has also seen no major backlash or long term sentiment

CAN BITCOIN BE CONVERTED TO CASH?

There are several possible ways to convert bitcoin to cash and ultimately move it to a bank account: Sell bitcoin on a cryptocurrency exchange, such as Coinbase or Kraken. This is the easiest method if you want to sell bitcoinand withdraw the resulting cash directly to a bank account. Use a bitcoin ATM.

WHAT IS BITCOIN?

A type of digital currency in which a record of transactions is maintained and new units of currency are generated by the computational solution of mathematical problems, and which operates independently of a central bank.

"bitcoin has become a hot commodity among speculators"

a unit of bitcoin.

"bitcoins can be used for online transactions between individuals"

California Blockchain Working Group Commences Operations

California Government Operations Agency (CalGovOps) Secretary, Marybel Batjer has selected Camille Crittenden to Chair the state’s 20-man blockchain working group which has been mandated to explore the possible use cases of distributed ledger technology (DLT) in the state and present a report of their findings to the Legislature by July 1, 2020, reportsEnterprise Times on August 16, 2019.

California Gets Serious with DLT

Per sources close to the matter, the Marybel Batjer, Secretary of California Government Operations Agency, has selected Camille Crittenden to function as the Chairperson of the state’s blockchain working group which comprises of 20 members handpicked from various sectors of the economy,

Crittenden is the Executive Director of the Center for Information Technology Research in the Interest of Society (CITRIS) and Banatao Institute. Secretary Batjer said:

“Camille Crittenden possesses a wealth of experience and knowledge on this topic, and I am excited to have her lead this important effort. Blockchain is a unique, new technology and I look forward to this group exploring its potential for California.“

As reported by BTCManager earlier in October 2018, the state of California passed bill SB 838 and Assembly Bill 2658, two pro-blockchain bills into law, resulting in the creation of the blockchain working group.

The primary objective of the blockchain working group is to conduct extensive research on blockchain technology and find its potential uses, risks, and benefits to the state as well as businesses in California, and submit a comprehensive report to the Legislature by July 1, 2020.

The Members

With 2020 fast approaching, the agency has decided to select 20 professionals from various fields and sectors of the economy, including technology, business, law, privacy, consumer organizations, state government, to run the blockchain working group.

Cardano (ADA) Foundation Inks Partnership Deal with Konfidio Ventures

The Cardano Foundation, an organization responsible for driving adoption of Cardano (ADA), has joined forces with Konfidio, a Berlin-based blockchain venture studio, to promote the adoption of distributed ledger technology (DLT) by governments, large corporations and startups alike, according to a press release on August 15, 2019.

Cardano Fostering Blockchain Adoption

In a bid to create and unlock value that would boost Cardano (ADA) adoption and make it easier for Germany-based corporations, startups, and even government parastatals to integrate blockchain technology into their processes, the Cardano Foundation has partnered with Konfidio Ventures.

As stated in its press release, the primary objective of the partnership is to enable real-world use cases of the Cardano network in a vast array of sectors, including financial services, logistics and supply chain, banking, pharmaceuticals and more.

The team hopes to test the technology model developed through the partnership on startups, Mittelstand companies — small and medium enterprises (SMEs) creating over 60 percent employment for German residents, multinational companies and more.

Promoting Cardano

Founded in 2016 in crypto-friendly Zug, Switzerland, by Charles Hoskinson and Michael Parsons, the Cardano Foundation is one of the three organizations contributing to the development of Cardano.

The Foundation’s responsibilities include facilitating strategic partnerships, ensuring accountability of stakeholders, formulating legislation and commercial standards and ultimately promoting adoption of Cardano (ADA).

Commenting on the new alliance with Konfidio, Nahan Kaiser, Chairman of the Cardano Foundation reiterated that the partnership represents another significant achievement for Cardano as it takes the project a step forward towards attaining mainstream adoption.

In his words:

Since its launch in 2017 by Dr. Mervyn G. Maistry

EMINIBTC:
DEAR FRIEND HAVE U HEARD ABOUT?

1, Go to coinpot.co and register account there make sure u confirm ur account
2, use d email u used to *register in coinpot* to signup on this links 👇👇👇

http://moondash.co.in/?ref=7F47ECC6A851

http://moonliteco.in/?ref=e369699b8ea7

http://moondoge.co.in/?ref=00357db7d5d4

http://moonbit.co.in/?ref=0a41456ea272

http://moonbitcoin.cash/?ref=5CABE7EF81F0

*The next links in below you need to register it with your names, email and password but the same email you used to register in coinpot it the same you should use the links is below 👇👇👇👇👇*

http://bitfun.co/?ref=C1CA45619F91

http://bonusbitcoin.co/?ref=73AD9BB69E4D

https://free-litecoin.com/login?referer=92724

https://freebitco.in/?r=18214827

http://freedoge.co.in/?r=3983407

https://free-bcash.com/referer=34436

https://play.google.com/store/apps/details?id=cryptomoneylabs.com.etheriummightyminer&referrer=code%3Dl851o2z2t2

Please if you understand me clear let me know *Thanks You*

Moon Dash | Free dash faucet Join us on Facebook or Twitter so that you are the first to know of any special offers, promotions and changes to Moon Dash!