American Investors Have the Green Light to Buy Bitcoin Exchange-Traded Notes

American Investors Have the Green Light to Buy Bitcoin Exchange-Traded Notes

                                  

As of 15 August, US investors are able to buy Bitcoin exchange-traded notes (ETN) via online or offline intermediaries such as brokers or financial institutions.

Thomas Cohen, the co-founder of Fundstrat Global, shared with his Twitter followers on 15 August that Bitcoin Tracker One (CXBTF) is now available in US Dollars, bearing in mind that CoinShares’ product has long been accepted and regulated in Sweden. The news comes as a solution for investors interested in direct investment in Bitcoin (BTC) to enter the crypto market. “Everyone that’s investing in dollars can now get exposure to these products, whereas before, they were only available in euros or Swedish krona,” Ryan Radloff, CEO of CoinShares Holdings Ltd., told Bloomberg. “Given the current climate on the regulatory front in the US, this is a big win for Bitcoin.”

The product, known as Bitcoin Tracker One, was listed on the Nasdaq Stockholm exchange since 2015. The new service is considered to be a more efficient substitute for the so-called ETF or Exchange-Traded Fund that appears to be avoided by US regulatory bodies for several reasons that are powered by suspicions. We would like to remind you that the Bitcoin ETF proposal issued by billionaires Tyler and Cameron Winklevoss was rejected last month by US authorities while the decision for another similar project created by VanEck Associates Corp. and SolidX Partners Inc. was postponed until September.

Acquisition of Bitcoin Tracker One is done in the same way as for an American depositary receipt. Investors that buy F shares can be assured that transactions made in U.S. dollars are settled, compensated, and kept under the supervision of investors’ home market, reported OTC Markets Group. Compared to the ETF, the exchange-traded notes are debt instruments, which are assisted by their issuers, usually a financial institution, rather than “a pool of assets”, wrote Bloomberg. “I do see this as a competitive product,” claimed Radloff, CoinShares Holdings Ltd. CEO. “Our products historically have not traded at a premium and are liquid.

Article Produced By
Adriana M.

Adriana M. is a web content writer and editor at Brantell, Coindoo, and TheCCPress, who takes care that the articles you read are user-friendly and the subjects are among the most sought-after. She is passionate about discovering new things in the cryptocurrency and blockchain industry.

https://coindoo.com/american-investors-have-the-green-light-to-buy-bitcoin-exchange-traded-notes/

Chris Corey

The Main Industry Event -BlockchainLife 2019 -Was Successfully Held in Moscow

The Main Industry Event -BlockchainLife 2019 -Was Successfully Held in Moscow

On October 16-17, Expocentre hosted the 4th International Blockchain Life 2019

— a forum on Blockchain, Cryptocurrency, and Mining. More than 4800 participants attended one of the most important industry events in the world.Global industry leaders, entrepreneurs, investors, and startups from 70 countries came together to discuss the current trends and determine the industry’s development in the coming years. Hundreds of contracts between companies, investors and funds’ representatives were signed at the forum.

The headliner of the forum was the assistant to the Venezuelan president and director of the Venezuelan cryptocurrency department Joselit Ramirez. For the first time in the world, one of the founders of El Petro presented the first national cryptocurrency to the international community. Ramirez talked about how the cryptocurrency was created (from the bottom up: from the needs of the common people to the influence on macroeconomic processes) and about the wide range of opportunities for its application (purchase of equipment, medicine, real estate, and other goods and services in Venezuela).

Participants networked at the exhibition with an area of more than 3000 sq.m. The exhibitors were more than 100 companies: the world’s leading exchanges, manufacturers and suppliers of mining equipment and services, innovative startups and services. Sergei Khitrov (Listing.help) announced the creation of a new association IDEO (International Digital Economy Organization), the activity of which will be aimed at the development of digital technologies in Russia. In the coming years, the association will focus its efforts on the development of blockchain and cryptocurrencies and will present its proposals for the regulation of the industry.

One of the world’s largest crypto exchanges, Bitforex.com, has announced several listing contracts with promising projects for 2019. Kucoin announced the launch of Bitcoin futures, and Bitmain introduced the improved ASIC miners S17+ and T17+. Networking and agreements continued at the grandiose AfterParty in one of the Moscow clubs. The special guest of the evening was rapper Guf, who performed a live concert. The main organizer of Blockchain Life 2019 is the world-leading listing agency — Listing.help. The forum’s general sponsor is an international crypto-exchange BitForex.com. The 5th-anniversary forum Blockchain Life 2020 is on April 22-23, Moscow.

Article Produced By
Ionela C.

https://coindoo.com/the-main-industry-event-blockchainlife-2019-was-successfully-held-in-moscow/

Chris Corey

John McAfee’s Guide To Help You Get To Your Destination

John McAfee’s Guide To Help You Get To Your Destination

I personally find John McAfee a fascinating, genuine and humorous character who enjoys life and truly believes at this time in his life, his god-given mission is to do anything it takes to “wake people up”, as he puts it, to the tyranny of governments and miracles of technology – Blockchain and Cryptocurrency which will free the people from the shackles of centralized institutions. I came across a blog written by John McAfee with his attempt to guide you through the checkpoints of Central America. He posted it in 2012 and tweeted it today in the hope it may help anyone traveling to join the protestors in South America. He certainly is a character and I had to have a little chuckle to myself as I read through the following…

  

The McAfee Central America Travel Guide

As all of my close friends know, I have not always been a teetotalling, drug-fighting citizen.  Prior to 1983, I was a synthesis of a corporate manager and drug dealer.  The drug dealer eventually won out, and for a period of time, that was my only occupation.  Well ….. taking the drugs that I sold also became a principal occupation.  This is not a secret, I tell anyone who asks, even the press.   Not many in the press reported much about it until Josh Davis’ eBook came out.  I am not ashamed of my past.  Our collective pasts make us who we are.  In 1983 I joined Alcoholics Anonymous and gave up alcohol and drugs entirely.  My exceptions are coffee, which some classify as a drug, and, occasionally, cigarettes.  Not proud of the cigarettes, I know they are bad.

During my drug-dealing days I became adept at those talents required of a successful drug dealer: clandestine travel through the Third World countries that produce and transport the goods; dealing with corrupt officials; dealing with drug lords and drug traffickers; successfully passing checkpoints; bribery, and in emergencies, the methods of escape.

I am a firm believer that all experience can be a valid teacher if a person listens to experience with unclogged ears.  Since it is a Saturday and I’ve had a tiring week, I will take a break from the task at hand and use what little I have learned to assist travelers that might appreciate the rewards of traveling off the beaten path in third world countries. It should also assist anyone engaging in questionable activities.  If a person does not directly harm another, then I try not to judge.  You might call this McAfee’s Travel Guide:

In order to make the most of your travels, you need to first understand that, throughout much of the Third World, there is a smoothly functioning “system” in place that has evolved over centuries. From the First World perspective, it is a “corrupt” system, and indeed, at the higher levels there is no other word for it, and this blog’s purpose is to remove the brutality and horror of such high-level corruption.  

At the lower levels, however, the system contains an element of grace and humanity, and this lower lever is all that most people will ever encounter.  You might still call this lower level “corruption”, but that’s not a helpful word if you want to acquire the most effective attitude for dancing with it. I prefer “negotiable”. It focuses the mind on the true task at hand when dealing with officialdom and removes any unpleasant subconscious connotations. So if you can view the following tools and tips as negotiation guidelines it will help bring the necessary smile to your face when the situation requires one.

Press Credentials

The most powerful tool a traveler can possess is a Press card. It will allow you to completely bypass the “documentation” process if you have limited time or limited funds and don’t want to deal with it. I have dozens stashed in all my vehicles, in my wallet, in my pockets, in my boats.  You might ask since I claim to be an upstanding citizen, why I would need such deception.  It is because I am one of the few white men who chose to live part-time in the interior of the country.  I was one of only three white guys living in the district of Orange Walk, for example. I have cars and enjoy driving and I travel frequently.  Not a day went by without having to go through a “checkpoint” of some kind.

 

I am paranoid about being caught without one when I need one. They have magical properties if the correct incantations are spoken while producing them. A sample incantation at a police checkpoint (this will work in any Central American country):

(Spoken before the officer has a chance to say anything) – “Hi, I’m really glad to see you.” (produce the press card at this point). I’m doing a story on Police corruption in (fill in country name) and I would love to get a statement from an honest police officer for the story. It’s for a newspaper in the U.S. Would you be willing to go on record for the piece?” You can add or subtract magic words according to the situation. 

Don’t worry about having to actually interview the officer. No sane police person would talk to a reporter about perceived corruption while at the task of being perceived to be corrupt. He will politely decline and quickly wave you through. If you do find the rare idiot officer who wants to talk, ask a few pointed questions about his superiors and it will quickly awaken his sensibilities. He will send you on your way.

The press card is powerful but has risks and limitations. Do not attempt this magic, for example, at a Federale checkpoint in Mexico on a desolate road late at night. You will merely create additional, and unpleasant work for the person assigned to dig the hole where they intend to place you.
 

Documentation

Documentation is the polite word for “cash”.

 

The real art of producing documentation is the subtle play of how much to produce. In some countries, a policeman makes less than a dollar an hour. At a checkpoint, a policeman will usually share his proceeds with the other officers lounging by the side of the road and with the police Chief. The Chief will get about 25% in countries like Colombia and Panama, so if there are three officers total, then a ten-dollar contribution will end up with about $2.50 in each person’s pocket – a good take for someone making about a dollar an hour in legitimate salary.

Nothing irks locals more than someone who produces documentation in excess of what is expected. It ruins the system for the rest of the population. The Police begin to expect more from everyone, and the populace is then burdened beyond any sense of reasonableness. I might mention that checkpoints for any given location in most countries are set up no more than once a week, and frequent travelers reach accommodations with the authorities so that they are not unnecessarily burdened to the point that they are single-handedly putting the policeman’s children through school. The police are, by and large, honest people with hearts, and few truly abuse the system.

So to give more than is reasonable is a crime against humanity. The following are some hard and fast formulas that I have learned from trial and error over the years:

Documentation is inversely proportional to traffic density – the higher the traffic, the less you pay, the lower the traffic the more you pay. This is simple economics: The police must make their personal quota from whatever traffic there is.

If you stop at a checkpoint and there are four or five cars in line, you can be assured that less than a couple of dollars will be expected from a Gringo. Smart folks carry a half dozen cold cokes and beers in a cooler in the backseat and simply reach around, grab one or the other and hand it out the window with a smile. In the late afternoon on a hot day, this will be received with far more appreciation than a few small coins. If you hand a cold drink to all of the officers, you could easily talk them into giving you a protective escort to the next town.

In low traffic areas, in addition to having to pay more, you will also entail more risk. It’s never good to travel lonely roads in Central America unless you are very experienced or closely wired into the authorities. However, if you’ve come down to do a dope score or are determined to visit sweet Crucita in some remote village and have no other choice, then strictly adhere to the following:

Do not get out of the car, even if ordered to do so. Your car is your only avenue of escape. It’s a ton or more of steel capable of doing serious harm to anyone foolish enough to stand in front of it, and once underway is difficult to stop. The checkpoint police in Central America never chase anyone down, in spite of years of watching U.S. Television and action movies. It’s too much work, plus they could have an accident. It’s not worth it for an unknown quantity. And they won’t shoot unless you’ve run over one of them while driving off. It makes noise and wastes a Round that they must account for when they return to the station – creating potential problems with the higher-ups. Not that I recommend running. It’s just that outside of the car you have lost the only advantage you have.

Smile and, if possible, joke. Say something like: “I’d like to stay and chat but I’m in a hurry to meet a girl. Her husband will be back soon.” This will go a long way toward creating a shared communion with the officers and will elicit a shared-experience type of sympathy.
Don’t wait for them to talk. Take the initiative. Have your documentation ready as you pull up and simply present it to the nice policeman while beginning your patter similar to the above, or whatever patter is comfortable for you. Never hand cash directly. Slip it in inside your insurance papers, or some other paperwork relating to your car or your journey, with about an inch of the banknote discretely sticking out. I use a Cannon Ixus 530 setup manual with the front and back cover removed. It’s small, light, and looks like it could be important paperwork for almost anything.

Remember: 50% of the police who stop you in some countries can’t read. This is a powerful piece of information for the wise.

Once the officer has removed the banknote, which will be immediate, reach out and retrieve your laptop manual (or whatever you choose to use), smile, wave and drive off immediately without asking permission, but slowly, without looking back. Doing the job and leaving quickly without appearing to hurry off is the key here. Don’t give them enough time to assess you.
The above is a failsafe formula for back roads of Central America if adhered to explicitly. Expect to part with at least 20 bucks. If, on approaching the checkpoint, you judge the police body language to be insolent or agitated, change the twenty for a fifty.

If something goes awry and the above, for some reason, has not worked, then pretend stupidity. Ask them to repeat everything they say and act bewildered. If ordered to get out of the car, smile broadly and simply drive off. Again – slowly.

If drugs or other contraband are planted in your vehicle by one of the police while another has your attention (a very common occurrence), understand, above all, that there is a zero probability that you will be arrested, unless you add to the “offense” by pissing someone off or otherwise acting unwisely. The intent is to scare. Under no circumstances deny that it is yours. Say something like “Damn, I thought I left that at home”, or “That’s the second time I’ve been caught this week.” This will show them that you are a good-natured player and will probably negotiate. Denying ownership of the contraband will be seen as confrontational – an attitude that brings high risk when dealing with Third World authorities. The “documentation”, however, need not be much. 

They have chosen an approach to make a living that is universally considered by the locals as “not fair play”, and they should not be unjustly rewarded for it. Sure, they did go to the effort of distracting you, and someone had to go to the trouble to plant the dope, so they deserve something, but $5 is the maximum you need to pay. If they ask for more, then you can safely become indignant. They will shut up. The locals won’t tolerate police that takes too much unfair advantage of the system, and your obvious awareness of the correct protocols will alert them to potential trouble if they push things.

If you actually are carrying contraband, of any kind – drugs, guns, Taiwanese sex slaves – whatever, and are caught, then the actions that you take within the first few seconds of discovery will have a profound impact on the rest of your life. The reality is: You have been caught. The officers have options:

1. Arrest you and charge you, where you are likely to confess to other people about exactly what you were carrying and how much – thereby limiting the policemen’s ability to make off with much of the cache. Or:

2. Come to some arrangement with you that is mutually beneficial and that does not include your demise or create any undue risks to the officers’ jobs or safety.
Option 2 is obviously preferable. To anyone not fond of prisons, that is.

Your first order of business is to assess your situation. If you are in a town or even near one with reasonable traffic driving by, then the chances of your demise, or incurring harm to yourself, are virtually nil if you keep your wits about you. If you are on a lonely country road, and there is only one officer, or even two, your risks could be high, so you will be handicapped in your negotiations.

On your side, you have the option to go to jail and tell your story to lots of people, which generally restricts the officers’ abilities to make money on the encounter. The higher-ups will take it. On their side, they have guns and threats. Ignore the threats. You are fully cognizant of the fact that their sincere hope is that some accommodation can be reached that enriches their pockets and allows you to leave the area without compromising them.

So — first things first. Smile. There is no circumstance under which a smile will handicap you when dealing with authorities.

Be friendly in your speech and immediately and fully acknowledge your situation, and theirs. This puts them at ease and sets the framework for negotiation. Be polite but firm. Let them know that they will not be able to walk off with your entire stash, and do this early on. It creates more reasonable expectations in their minds. If your contraband is drugs, offer them a small hit while talking. It re-enforces, subconsciously, the idea that the dope is your possession and that they are partaking due entirely to your goodwill. If you are transporting sex slaves, then I must say first that I cannot possibly condone your chosen occupation, but offering each one of the policemen a taste of the goods may well seal the deal without any additional cash thrown in.

It’s important to be firm without any semblance of hostility. If the policemen tell you, for example, that they are going to confiscate all of the goods, then, with an apologetic manner that implies an unfortunate certainty, say “I’m sorry, but that won’t be possible”. Shake your head sadly as if you had divulged: “My mom just died”. And this is the point to present them with an absurdly low offer. If you are carrying 20 keys of cocaine or a half-ton of marijuana, then offer them $50. Alternatively, you could offer them a one-ounce bag of the weed or a gram or so of the coke. If it’s sex slaves, tell them they can look at the bare breasts of one of the least attractive women (in parts of Southern Mexico, this might actually be sufficient).

They will be taken aback at your offer, but it will place any unreasonable expectations they may have in a stark perspective. As a rule of thumb, if you are near a populated place, you will ultimately settle by parting with an amount of cash equal to about 10% of the wholesale value of the goods. On a road with infrequent and unpredictable traffic, maybe 20%. If you are on a desolate road, especially if the body language is not comforting, you may have to bite the bullet, give them the entire wad, plus your car, and ask for a ride to the bus station. Don’t expect the police to accept the drugs or contraband as payment if you are near a populated area. They would obviously be seen transferring the goods to their vehicles. If you are not carrying sufficient cash, then you are unprepared, and shouldn’t be doing shady deals in Central America.

Never display fear or hostility. Smile throughout, and crack what jokes you can.

Name Dropping

Knowing the name of the country’s Police Commissioner and Armed Forces Chief, and the Chief of Police for each county or town you will be driving through can be very helpful. Knowing all the mayor’s names will not hurt any either. Name-dropping is a powerful tool in the Third World, especially for gringos, if used appropriately. Telling a cop in America that you are friends with the mayor or the police chief will seldom help you avoid a traffic ticket, and may even increase the charges. 

In Belize, offending the Police Commissioner will immediately get a policeman fired, with no repercussions to the Commissioner, and, depending on the offense, may even get the officer “erased”. So it gives an officer serious pause when you say: “The drugs belong to Commissioner (insert name). I am delivering them to a friend for him”. 

If spoken with authority and condescension, they can have a dramatic effect. No policeman in his right mind would try to validate the story. Resident Gringos, for odd reasons, are prized as friends by wealthy and prominent locals, so it would not be out of the question to be close with the Country’s Police Commissioner. If the cop asks any specifics, like, how you know the Commissioner, pull out your cell phone and say: “I have the commissioner’s number, why don’t we call him and you can ask him yourself.” You need to have solid self-assurance, or at least some large cojones, to pull this off, but in a tough situation, this can work miracles.

A small amount of research is necessary before using this approach. You need to know, for example, whether the police commissioner is really dealing drugs (almost all are). Every local inhabitant in the country will know this information (there are no secrets in the Third World). The policeman will certainly know.

You don’t have to be doing something illegal in order to use the name-dropping approach. When a friend of mine first moved to Belize, two policemen stopped him late in the evening while he was driving a golf cart across the bridge to San Pedro’s North Island. Before he could provide the proper “documentation” for a bridge checkpoint, one officer harshly demanded his drivers’ license, which he provided and then shut up. The officer’s attitude was not in harmony with a normal checkpoint situation. While he stared at my friend’s license, the other dropped a bag of weed on the back floor of the cart. (he didn’t smoke weed by the way.) When the first officer “discovered” the bag my friend said: “I hope you won’t tell the Commissioner about this. He’s a very close friend of mine and I wouldn’t want him to think anything bad about me.” The first officer divulged that they were only joking by planting the weed. He apologized and waved my friend through.

Generally, the tactic of planting drugs on people is only practiced in heavily trafficked tourist areas. The police in tourist areas are handicapped because tourists generally don’t “pay their due” to the police, or to any other functionary. Tourists consider it “corrupt” to have to pay policemen to do their jobs or to pay them in order to have the freedom to drive down the street on checkpoint day. The police, therefore, are forced to resort to unethical means in order to make a living in these places. I understand this well, yet some character flaw in myself won’t allow me to reward someone who plants drugs on me. My friend feels the same.

Gifts

Gifts occupy different strata in the system of negotiation. They are used when some future consideration is required, or after an official favor has been provided. Gifts can be small or large, depending on the circumstances and the wise person will have an ample supply ready for any event. I operate seven small businesses in Belize.  When I first opened them I refused to acquiesce to my business manager’s advice about gifts. I naively assumed I could skate by without them.  I was wrong, I finally allowed the guy to stock up on resources so that he could do the job I was paying him to do:

Now… to be fair to the authorities ….. I have no way of knowing whether these “gifts” were actually given to the authorities.  For all I know the business manager that I hired started his own retail outlet somewhere and is still living off of the proceeds. It’s difficult under certain circumstances to get at the facts.

Favors, likewise, are part of the system. They have no negative connotation, and they require gifts whose magnitude reflects the magnitude of the favor.

One common “favor” that is considered questionable is to gift an officer in the armed forces to provide armed support for a drug deal, a revenge raid, an armored car heist, or any similar function. It’s a very common occurrence but it’s deemed to be morally sketchy by most of the populace. The reason for this, I believe, is the sense of unease created by the image of highly organized, insolent, largely illiterate men with fully automatic weapons catering to the whims of anyone with spare change. 

The general consensus is that the system of “negotiation” should stop at the gates of the military. The military should uphold the system, not practice it, as my friend and philosopher Paz once said. This is no more illogical than policemen as “officers of the peace”. The fact that SWAT teams exist and every policeman carries a gun and is trained in violent tactics, should alert us to the fact that practicing peace is not the means of choice for maintaining peace.

Written and Posted by John McAfee, November 24, 2012

 

ecosystem for entrepreneurs

 

Deb Williams 

A Crypto/Blockchain enthusiast and a strong advocate for technology, progress, and freedom of speech. I embrace "change" with a passion and my purpose in life is to help people understand, accept and move forward with enthusiasm to achieve their goals. 

 

 

 

 

 

Chris Corey

FunFair Technologies launches pioneering wallet solution across partner brands

FunFair Technologies launches pioneering wallet solution across partner brands

                                  

CasinoFair and CryptoCasino to benefit from ‘any device, any browser’ wallet and updated user interface

25th September 2019, Dublin – FunFair Technologies, the market-leading decentralised casino provider, has launched a pioneering new crypto wallet and updated user interface which now supports any browser and any device. The new ERC20, non-custodial FunFair Wallet has been developed specifically to provide a seamless user experience for existing and new players gambling with FUN across its CasinoFair and Crypto Casino brands, marking a significant step forward in the name of blockchain mass adoption. Blockchain projects have so far struggled with onboarding friction due to complicated funding mechanisms, security features which differ significantly to mainstream offerings and a lack of usability on mobile devices and certain browsers. The FunFair Wallet addresses these issues with the introduction of more identifiable sign-up processes and security features, while most importantly ensuring the wallet can run on any browser and any device without the need for any third-party plug-ins or apps.

CasinoFair and Crypto Casino players will also engage with a far more immersive, social and Guaranteed Fair casino experience with an updated front-end, offering more intuitive access to their favourite casino games coupled with the most generous and varied promotions in blockchain casino. Jez San, CEO at FunFair Technologies, said: “Since launch, we’ve maintained our position as the most progressive blockchain casino provider and the launch of the bespoke FunFair Wallet and second generation platform interface will confirm this position as we strive for mass adoption.

“Onboarding has been a struggle across the wider decentralised sector but our new wallet, built specifically for use at our partner casinos, will fix this immediately with a seamless, recognisable sign-up process, straightforward security features and simple crypto funding choices.” FunFair’s first live casino brand, CasinoFair, has also relaunched its brand identity in-line with the new wallet and UI. It now features a more vibrant and progressive aesthetic which is expected to appeal to the millennial blockchain audience, while also staying true to its ‘Famous for Fairness’ foundations which underpin every aspect of its gaming experience.

About FunFair Technologies

FunFair is the leading B2B blockchain casino platform provider, changing the gaming industry for the better. Running on the blockchain, FunFair is empowering a new breed of operator with a low-cost platform, game developers with access to a vast new audience, and players with a Guaranteed Fair experience superior to anything else on the market. Its team has over 100 years of combined experience in the gaming and casino space, as well as 20 years of blockchain expertise, providing a platform to deliver the best slots, table and unique instant win games in a transparent, fair manner.

Article Produced By
Globalcoin

Independent ICO Research and Reporting on the Biggest Cryptocurrency Winners From a Top 10 Crypto News Site

https://globalcoinreport.com/funfair-technologies-launches-pioneering-wallet-solution-across-partner-brands/

Chris Corey

Neobank Juno Raises USD 3M from Polychain Sequoia and Dragonfly

Neobank Juno Raises USD 3M from Polychain, Sequoia and Dragonfly

                                 

Juno aims to provide a high-yield account for savings

Juno, a neo banking platform that leverages decentralized digital assets to provide customers a high-yield account for savings, has announced that the completion of a USD $3 million seed round. Investors include prominent firms such as Polychain Capital and Sequoia Capital’s Surge. The platform is set to launch in select markets next year and is taking a radical approach towards creating an open and global financial system for everyone, regardless of location or income.

Banks in developed countries – including the US, Europe, Japan, and Singapore – traditionally offer between 0.01% and 0.10% interest through checking and savings accounts. This interest will be distributed daily and will fluctuate regularly.  Clients will also be able to send and receive money anywhere in the world without intermediaries and at no cost. Additionally, the company plans to introduce a debit card with a partner bank in the future. Juno is built on the Ethereum blockchain and uses Nuo protocol for its core functionality. Its main feature is to enable decentralized lending and borrowing of digital assets to earn a high yield on stablecoins such as USDC. Juno is leveraging these assets to build the next generation of global decentralized financial and banking services (DeFi).

Varun Deshpande, co-founder of Juno 

“Today, we are excited to unveil Juno – a neo banking platform that aims to provide everyone a high yield account for their savings. Our goal with Juno is to help create an open financial system for the world by providing equal opportunity and access, no matter where you are born or how much you earn. We are also delighted to partner with Polychain Capital, Sequoia Capital’s Surge and Dragonfly Capital on this journey as we build a new age banking platform from the ground up.”

Olaf Carlson-Wee, Managing Member, CIO of Polychain Capital

 “We were early supporters of decentralized finance and stablecoin systems, both of which have continued to gain meaningful traction in the market over the past couple of years. We believe Juno is well-positioned to bring decentralized finance to the mainstream with their neo banking platform for digital assets. We are particularly impressed with the team’s focus on simple user experience, unlocking liquidity using smart contracts, and their Asia first strategy.”

Juno was founded in July 2019 by Varun Deshpande, Ratnesh Ray, and Siddharth Verma after creating the Consensys-backed Nuo protocol in 2018. Using Nuo smart contracts, lenders can supply crypto assets and earn daily interest, while borrowers can instantly access credit using their digital assets as collateral. Smart contracts allow for algorithm-driven pricing, disbursals, and collections, ensuring efficiency and transparency. Nuo protocol has grown organically to USD $25 million in deposits and USD $20 million in loans disbursed, making it the most popular DeFi app in Asia. 

The founders’ past ventures also include BeeWise, an alternate credit analytics platform acquired in 2017 by Aditya Birla Money. As a serial entrepreneur, Deshpande was the co-founder and CEO of TopTalent, a high-end recruitment platform as well as AVP marketing at Topper, a Fidelity-backed edtech platform in India. He holds a degree from BITS Pilani. Ratnesh Ray graduated from IIIT Allahabad and was the head of data science at TinyOwl, a Sequoia India backed foodtech app. Prior to that, he was a software developer at Toppr, where he helped create personalized tests and social features. Siddharth Verma was part of the early team at Arista Networks where he worked on their flagship product consisting of high-density switches. He was previously a software developer at Cisco and an alum of BITS Pilani.

The seed round also saw the participation of Dragonfly Capital, Consensys Labs, Astarc Ventures, Singapore Angel Network and notable angel investors Balaji S. Srinivasan (Ex-CTO, Coinbase and General Partner, a16z), Amrish Rau, Jitendra Gupta (CEO & MD, PayU India), and Loi Luu (Founder, Kyber Network), Nitin Sharma from Incrypt, Venu Palaparthi (CCO, Dash Financial), Rajesh Chelapurath (President, Ceera Investments), Brian Ma (Founder, Divvy Homes), Sanjay Mehta from Mehta Ventures, and Prashant Malik (Creator of Apache Cassandra).

Article Produced By
Globalcoin

Independent ICO Research and Reporting on the Biggest Cryptocurrency Winners From a Top 10 Crypto News Site

https://globalcoinreport.com/neobank-juno-raises-usd-3m-from-polychain-sequoia-and-dragonfly/

 

Chris Corey

Crypto Exchange CoinField Bringing Stock and Fiat-backed Stablecoins on the XRP Ledger

Crypto Exchange CoinField Bringing Stock and Fiat-backed Stablecoins on the XRP Ledger

CoinField’s sologenic is a sophisticated ecosystem aiming to facilitate investing and trading of on-demand tokenized assets, including Stocks and ETFs from 25+ global exchanges on top of XRPL.

                              

Last Tuesday, Canadian cryptocurrency exchange CoinField revealed in a press release details

on its new project Sologenic. The innovative idea is to make stocks such as Tesla and Apple tradable on

the popular XRP ledger.

“We’re making it easy for people around the world to have access to different global stock exchanges via the blockchain.” said Bob Ras, CoinField CEO, and added “Imagine living in Tokyo and being able to trade assets from NASDAQ, HKEX, LSE, Deutsche Boerse, and major exchanges on one secure platform. This platform tokenizes stocks on the XRPL as demanded, allowing you to trade it against any cryptocurrency and spend in real-time anywhere.”

For market-making and liquidity, Sologenic deploys SOLO Coins (?), which are issued on the XRP ledger to ensure that liquidity transactions take place in a matter of seconds. They work as a dynamic bridge between crypto-assets and traditional assets by being paired directly with fiat as collateral to settle with third-party brokerage firms.

On Sologenic, users can invest, trade, and tokenize assets such as stocks, ETFs, and fiat on-demand with ultra-fast and efficient transactions in real-time. For example, a tokenized stablecoin of TSLA or USD is presented as TSLA? or USD?. These stablecoins are tradable and redeemable against XRP and SOLO on both CoinField exchange and XRPL DEX. The new tool merges the most tried and true aspects of traditional financial markets with all the efficiency benefits of cryptocurrency technology, especially the transaction

speeds of XRP.

“Ultimately, Sologenic helps the mass adoption of cryptocurrency by allowing people to invest in stocks. It’s a WIN-WIN for everyone!” – Bob Ras, CoinField CEO

SOLO will be available for trading on CoinField’s existing exchange and major global crypto exchanges. Moreover, the company announced an upcoming Decentralized XRPL Exchange. The exchange built on top of the XRP ledger enables users to trade issued tokenized assets for SOLO or XRP.

SOLO Community

Sologenic is a community-based ecosystem where users can participate in different decision making events and benefit from the SOLO Community Fund (SCF) and the SOLO Expansion Fund (SEF). Developers are encouraged to contribute to the Open Source SDKs and other decentralization initiatives. Users can voluntarily participate in multiple time-based reward programs and receive up to 20% rewards annually. SOLO holders are eligible to obtain a free Crypto Card which enables them to spend their SOLO coins instantly anywhere in the world. Cardholders will receive a monthly rebate up to 2% on the total amount spent via these cards.

Article Produced By
Bitcoin Garden

This content is brought to you by the Bitcoin Garden staff.

Chris Corey

Crypto Affairs: When Will Bitcoin’s Price Stabilize?

Crypto Affairs: When Will Bitcoin’s Price Stabilize?

                                 

Bitcoin value has been see-sawing recently, with the token hitting a new low at $7,805 last Monday

and then bouncing all the way up to rally 12.73% and reach $8805 by the end of last week on Friday. Since last week, the value of Bitcoin has dropped again, down to $7,945.12. Trading on October 16 proved too much for the cryptocurrency and we saw it slide under the mental threshold of $8,000. To many people that signifies only one thing – trouble. Bitcoin is taking the familiar roll-coaster once again. What does this mean for traders and owners? Well, they will need to adjust. As to players at online casinos, that won’t necessarily affect them as crypto casinos, rare breed as they are, usually nail down the value of all cryptocurrencies and don’t let it influence payouts. This is good news for some.

How Much of a Slide Is Too Much?

Now, the price of Bitcoin is bound to fluctuate and whether we fret over it or not – at least on day-to-day basis – we wouldn’t change that much. What we can do is focus on forecasting how the cryptocurrency will behave in the long-term. According to respected cryptocurrency journalist and analyst Michaël van der Poppe, the real question is whether is going to plummet below the $7,400-mark. The sentiment that Bitcoin can be going back after bouncing just a week ago has remained a strong sentiment. Crypto Rand, a popular trader who doesn’t shy away from Twitter and voicing his opinions – with accuracy on most occasions – has said that he would withhold on making immediate trades.

Therefore, each day moving forward would be an answer to the question whether Bitcoin is going to keep crumbling. The answer, most likely is a yes, as there are a lot of scares that now seem to weigh down the cryptocurrency. Meanwhile, the value of a number of altcoins has seen a similar move and popular cryptocurrencies such as Tron, EOS, and Binance Coin all started dropping value.

Bitcoin in Freefall? Not Quite Yet!

Bitcoin is not in freefall. Far from it, in fact. Yet, it’s interesting to note that the cryptocurrency is definitely of the volatile sort. That hasn’t stopped Karma Automotive, a manufacturer of luxury vehicles in California to begin accepting Bitcoin as a payment option. This seems to reassure some. Yet, that’s just a drop in the sea. Meanwhile, Aliant Payments has decided to pay compensation packages to employees in Bitcoin. Of course, this last bit doesn’t signal the strength of the cryptocurrency, but it’s good to see that Bitcoin is still very much part of the daily order. Going around the United States, it’s difficult not to see that Bitcoin is getting more and more attention, and there is no shame in that. Miami International Airport also saw its first Bitcoin ATM freshly delivered, which is a good reminder that Bitcoin is very far from being gone. Of course, we will have the same topic daily and even hourly – what’s Bitcoin’s value right now, and as we upgrade one news, another major change will happen.

Can Bitcoin Stave Off Libra, and Is Libra Better at All?

And while we talk Bitcoin, we should also address the elephant in the room – Libra. The cryptocurrency that’s supposed to be a game changer. Yes, a lot of people will go with Facebook’s Libra and those who are whales will definitely benefit from getting cosy with Mark Zuckerberg’s company. What about the rest? Power to the people? Was power to the people the motto behind selling private information of millions of people? Facebook’s Libra may have all the good intentions that go hand-in-hand with idealism, but the simple truth is that it cannot be trusted. For the same reason that Mark Zuckerberg didn’t stand accountable for his company’s actions when he appeared at the Congress hearing. Yes, there is some good in Libra – specifically that it will try to peg its value to FIAT currencies. Time will show. Bitcoin price will definitely know a few choppy trading days around the time Libra releases!

Article Produced By
Bitcoin Garden

This content is brought to you by the Bitcoin Garden staff.
 

Chris Corey

Ripple Explains FUDs Decrease in XRP Sales in Q3 Report

Ripple Explains FUDs, Decrease in XRP Sales in Q3 Report

                                   

Ripple Inc. has released its Q3 report, a move geared towards increasing the transparency of XRP ecosystem.

When the digital currency was launched in 2012, nothing more than 100 billion units of XRP was created, but “Ripple was gifted a portion of this XRP,” out of which it sells out to enlarge the XRP ecosystem by investing in ideas capable of reshaping the Ripple ecosystem. In the released report, Ripple stated that it decreased the sales of XRP by 74.5% compared to Q2 sales. This quarter, Ripple sold $66.24 million worth of XRP compared to $251.51 million it sold in Q2. During the last quarter, 3 billion XRP were released out of escrow and 2.30 billion XRP returned back. For now, Ripple is now available on over 140 exchanges worldwide, the report indicated.

During the quarter, Ripple’s investment arm Xpring launched developer platform to strengthen the relationship between developers and entrepreneurs and give them the advantage to build on the XRP Ledger while making use of XRP token. The developer platform is open-sourced and can accommodate the 23 million developers across the globe by giving them the chance to enable payments in any of their innovation. As well, Ripple invested in Logos, Coinme, BRD, and XRP-centric Coil partnered Mozilla and Creative Commons to launch Grant for the Web. Also in Q3, Bitpay and Xpring deals were sealed, and the formal is now supporting XRP, bringing the digital currency to its thousands of customers worldwide.

FUDs Everywhere.

Ripple tagged those making FUDs about XRP are only spreading misinformation purposely to undermine the nascent and innovative idea. It said bot accounts on Twitter are now more active at condemning Ripple’s XRP, and more unique bots are being created every time to do the same. Conversation about Ripple “dumping XRP” and “flooding the market” from bot accounts, increased by 179% quarter over quarter. While Ripple claimed it cannot manipulate the price of XRP, the company pointed that there is no difference between what is obtained in BTC, Ethereum community and XRP community. The same way large holders exist in many crypto community is the same way it

exist in XRP ecosystem.

“We do not see evidence that large holders of XRP are behaving materially differently than BTC or ETH ‘whales’.”

The company pointed that around 49% of conversation alleging Ripple of being involved in XRP price manipulations came from bot accounts.

Article Produced By
Olayode Yusuff

Olayode has made meaningful contributions to Huffington Post, Thrive Global, Oracle Times, The Independent Republic, Forbes, Washinghton Post and a host of other news magazine. He’s a blockchain enthusiast covering news on notable cryptocurrencies and seminars from far and within.

https://newslogical.com/ripple-explains-fuds-decrease-in-xrp-sales-in-q3-report/

Chris Corey

Willy Woo: Bitcoin Already Reached 40 of Fiat Currency Life Expectancy

Willy Woo: Bitcoin Already Reached 40% of Fiat Currency Life Expectancy

                                

The crypto community keeps exploring the features of the current situation around BTC

amid the constant movement of the most capitalized cryptocurrency rate in a narrow price range. A well-known analyst on Twitter under the nickname Money Man expressed the opinion that a further decrease in BTC price can cause the large-scale purchase of the cryptocurrency. The specialist shared with his readers, with the intention to acquire a large amount of BTC if it drops to the level of $ 5,000. At the same time, a well-known investor in the crypto community, Willy Woo, averred that the position of BTC is similar to the level of development which fiat currency could reach by only over 27 years. Against the background of the current situation of the most capitalized cryptocurrency, Bitcoin evangelist Pierre Rochard believes that the US dollar is the only competitor to BTC. At the same time, he notes that BTC has attracted more new users than any other saving asset in the market over the past 10 years.

Will Bitcoin Be Able To Replace Fiat Currency?

This brings up variety of online resources and most often forums about cryptocurrency. The discussion regularly reaches a boiling point, mainly demonstrating the opposing positions of programmers and economists. To conclude, how soon will the new currency be able to overcome the global financial system, we have to explore a similar experience. A clear example is the appearance of the Euro in common life. There was ECU until 1998. Europeans introduced the new system gradually and replaced the ECU with the EURO in ratio 1: 1. Theoretically, replacing such an international currency as the US dollar over 10-15 years is possible too.

Due to the growth of the United States, national debt analysts predict an imminent crisis in the country’s financial sector. Investors are already looking for alternative investment options. Some choose the Swiss franc, others choose the Japanese yen. At the same time, many of them are turned to the cryptocurrency. Bitcoin is characterized by amazing gains, especially in contrast to the profitability of investments over the world. Perhaps the USA is using Bitcoin as an alternate option, realizing the instability of the US dollar. These thoughts are prompted by the fact that cryptocurrency has been legalized and is being prepared for introduction into the stock market.

But we have to expect that Bitcoin will replace the US dollar soon. Today we are witnessing only the initial stage of the emergence of electronic money, which is not dependent on the control of state regulatory bodies. Rather, familiar currencies evolve in a competitive environment that arose after the advent of cryptocurrency. In this case, the mechanism of international transfers will be simplified, and operations will be cheaper. One thing that we can say with confidence is that we observe a truly epic confrontation of systems that have been established over the centuries on one hand and advanced technology on the other hand.

Article Produced By
Victoria Tiebienieva

Victoria Tiebienieva is an Europe based cryptocurrency writer with over 5 years writing experience in the cryptocurrency space. Victoria has written numerous articles for popular cryptocurrency websites across Europe and beyond. She has spoken about cryptocurrency in notable media houses across her country.

https://newslogical.com/willy-woo-bitcoin-40-fiat-currency-life-expectancy/

Chris Corey

Stuart Trusty And Augmented Reality Meets Markethive

Stuart Trusty And Augmented Reality Meets Markethive

Who Is Stuart Trusty?

Stuart Trusty was the original technologist for Alibaba and mentored Jack Ma, the founder of Alibaba. He is a man of many talents with a humanitarian philosophy towards technology and what can be achieved with blockchain and ultimately leveling the playing field for all entrepreneurs without centralized supply chains. 

Stuart was the CEO of Linux Labs for many years, an early proponent of mesh networking technologies and operated the 3rd ISP at VBN. He has had numerous high profile technology clients and currently the founder of WorldBit, an Augmented Reality based blockchain eCommerce system.  

WorldBit CEO Stuart Trusty said,

"As the e-commerce marketplace has become increasingly tilted to favor large scale producers, the ability of small buyers and sellers to compete in the market has been greatly diminished. WorldBit levels the e-commerce playing field by harnessing the power of blockchain to bring more transparency in a decentralized platform that allows entrepreneurs to compete on equal footing with established businesses."

WorldBit is an immersive AR (Augmented Reality) eCommerce experience for businesses and individuals and offers extended capabilities to legacy ecommerce companies, but without centralized supply chains, excessive fees, or exposure of buyers to risky transactions. It enables merchants, makers, and consumers to engage in legal commerce without the need for banks, middlemen, or a centralized structure. 

The WorldBit platform makes every user their own Alibaba, their own leasing company, their own Amazon, their own eBay, their own rental company, and it creates a user family wherein WorldBit functions as a kind of pawnshop wherein the user maintains control over their goods until a transaction is completed in a novel augmented reality environment. 

In September Stuart Trusty attended the Wyoming Hackathon where he met with Thomas Prendergast, CEO, and founder of Markethive and it became evident the augmented reality interface could be put to great use within our Storefronts here at Markethive. This serves to create exciting interactive experiences with you as the store owner and the customer. 

In an augmented reality setting you can walk out the front of your storefront to greet the customer. These engaging AR displays can enhance your product and marketing campaigns with the next level of personal interaction and excitement that will delight the customer. 

This video shows just one short example of a complete augmented reality setting. Imagine standing outside of your storefront! Thomas Prendergast explains it succinctly…

There is no real limit to the way Markethive can build the interface as we move forward with Bee Lancer and the group storefronts that will have this augmented reality built into them.

Conclusion

At Markethive, we have automated and managed advertising and marketing campaigns. We can set up Co-ops and automate members' contributions and shares to any particular campaign.  Build contribution blogging among groups and reward activity with a smart rotator. And now looking forward to integrating augmented reality into our Storefronts. This is really the next level!

But it doesn’t end there. Create a massive reach with our WordPress plugin and our SNAP (social network auto poster) Department. Reward your members with waited traffic and leads based upon their engagement within the group. Also, track and monitor 3rd party article submissions and Press releases. Additionally, build backlinks and monitor with Markethive’s exclusive data matrix display tracking system. 

Anything you do in Markethive, whether it be to promote Markethive as your business or a completely separate and private business, you are receiving Markethive Coin (MHV) as a reward for your efforts. Now is the time to accumulate as much coin as you can and be ready for the launch of our wallet. Think about becoming an Entrepreneur 1 Upgrade as it will be the last thing you ever need to do to secure your future. 

Be sure to attend the Markethive weekly meetings held on Sundays at 10 am Mountain Time to hear all the latest news and updates from CEO Thomas Prendergast and CTO Douglas Yates. The link to the Zoom Room can be found in the calendar on the home page at Markethive. 

 

ecosystem for entrepreneurs

 

 

Deb Williams 

A Crypto/Blockchain enthusiast and a strong advocate for technology, progress, and freedom of speech. I embrace "change" with a passion and my purpose in life is to help people understand, accept and move forward with enthusiasm to achieve their goals. 

 

 

 

 

 

Chris Corey