Binance introduced the lending platform: first doubts Starting...

Binance introduced the lending platform: first doubts

Starting August 28, Binance will launch the new cryptocurrency lending platform Binance Lending. On August 26, Chanpeng Zhao Zhao (CZ) on his Twitter hinted that Binance would soon provide a new earning opportunity for users: https://twitter.com/cz_binance/status/1165875079852376064 Here is what is currently known: The new platform will be launched on August 29 at 06:00 UTC; Binance users will be able to earn interest using their funds, giving them a loan for a certain period; Initially, 14-day lending products will be introduced for BNB, USDT and ETC coins; The annual interest rates for BNB, USDT and ETC will be 15%, 10% and 7% respectively; The subscription period will begin at 06:00 UTC on August 28 and end August at …

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Binance introduced the lending platform: first doubts Starting...

Binance introduced the lending platform: first doubts

Starting August 28, Binance will launch the new cryptocurrency lending platform Binance Lending. On August 26, Chanpeng Zhao Zhao (CZ) on his Twitter hinted that Binance would soon provide a new earning opportunity for users: https://twitter.com/cz_binance/status/1165875079852376064 Here is what is currently known: The new platform will be launched on August 29 at 06:00 UTC; Binance users will be able to earn interest using their funds, giving them a loan for a certain period; Initially, 14-day lending products will be introduced for BNB, USDT and ETC coins; The annual interest rates for BNB, USDT and ETC will be 15%, 10% and 7% respectively; The subscription period will begin at 06:00 UTC on August 28 and end August at …

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Crypto-Exchanges: Weight For The Trust- Go Hummers Hacks,...

Crypto-Exchanges: Weight For The Trust- Go Hummers

Hacks, solvency issues, fake trading and ICO scams – the road of investor confidence is only more muddy and inhospitable for crypto exchanges. Recent reports scream the need for something rugged - better suspension and wiper blades, maybe Whether it is an Uber, a Lyft, a Bird scooter, a Segway, or a Zoomcar; when the road is new and wild, you do not want to toss your baggage and derriere into something that looks iffy. No wonder, in the TokenInsight latest report on crypto exchanges’ security, the average willingness of users to trade on stolen exchanges as well, 2.44. Hardly a surprise, who would want to hitch a hike when the driver is clueless and clumsy. As much as $1.6 billion worth of digital currency assets has been s …

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Outlier Ventures: Investors switch to investing in DApps...

Outlier Ventures: Investors switch to investing in DApps developers

In 2019, more and more investors began to switch from investing in cryptocurrencies to financing developers of blockchain applications (DApps) and smart platforms. This is stated in an Outlier Ventures study published this week. A report entitled “Investments in Blockchain-2019” notes that, since 2013, startups developing applications have been able to attract investments of $23.7 billion. Researchers have recorded the transfer of capital from bitcoin and ether to the development of various software. If in 2017-2018, investors tried to invest part of their funds only in digital assets in order to maximize profits, then this year analysts saw the dynamics of increasing funding for such areas as artificial intelligence and automation …

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Missing Tooth Report: Have You Been Hiding? Coinatory prides...

Missing Tooth Report: Have You Been Hiding?

Coinatory prides itself in bringing together thinkers who are sharp, hunt well and love the occasional toothbrush. Care to join the huddle? Dental checks are torture. Especially the aftermath. Ours (yes, Coinatory team takes a break to introspect, reflect and plan ahead) was no different. We are staring at a fresh prescription – Get one good molar and you can head for the walnut shell. At this point, it is fair for you to interrupt and ask – What is Coinatory, after all?Well, if you can make a dash to the kitchen and grab an egg-whisker, here are three adjectives you can mix together – curious, crypto and classroom.Actually - Caustic too, sometimes. You see; we are a blank wall where everything from Graffiti to that proverbial w …

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IPO withdrawals – Canaries in a Goldmine, Bats of...

IPO withdrawals – Canaries in a Goldmine, Bats of Recession

What happens before a storm? The birds fly away, in flocks, in a panic - yes. But before that… IPOs or Initial Public Offerings make for great headlines. More so when they come from a boiler-plate that is exciting, successful, promising and much-awaited in the pool party. But when they bow out in a pre-mature way, they raise more than a few furrowed eyebrows. They raise red flags. Sometimes alarm bells too. Provided someone’s ears are listening closely to what the railway tracks are telling. Never Rains But Pours A series of cancelled or withdrawn IPOs have set forth curious and concerned, eyes to look up at the sky again. Whether it is the failure of brewer Budweiser APAC’s $9.8 billion Hong Kong listing or the shelving of lo …

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CryptoMarketAds announces updates and listing on a major...

CryptoMarketAds announces updates and listing on a major exchange.

CryptoMarketAds, crypto ads and marketing marketplace is continuing to expand its reach in the cryptocurrency market by listing on Idax.pro and opening marketplace for advertisers in August 2019. Riga, Latvia, August 8, 2019 – CryptoMarketAds cryptocurrency, CMA token, is going to be listed on IDAX.pro exchange. The specific time is shown below: Trading Start Time       : 17:00, August 12, 2019 (UTC+8) Withdrawal Start Time : 13:00, August 14, 2019 (UTC+8) CryptoMarketAds.com is a new marketplace which solves all crypto advertising and marketing problems by connecting crypto market publishers and advertisers in one place (marketplace is working already and got over 600 offers for sale). Advertisers with …

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France legalizing crypto companies The French authorities have...

France legalizing crypto companies

The French authorities have begun licensing companies representing the cryptocurrency industry. As Reuters clarifies, several crypto companies have brought their activities under the tax and administrative standards in force in French jurisdiction. The regulator in the person of the Financial Markets Authority (FMA) has approved the work of these startups, and now they will be able to start services and serve local businesses and private clients. The representative of the ministry, Anna Marechal, said that the French authorities are trying to introduce such a regulatory framework that would be as convenient as possible for companies related to the blockchain industry. Now four startups are negotiating with French regulators to …

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John McAfee offers assistance in creating Cuban...

John McAfee offers assistance in creating Cuban cryptocurrency

As a result of the American sanctions, Cuba is not averse to introducing digital currencies, and the government is now actively studying this issue. Now events for this country are developing in an interesting way, as a well-known supporter of cryptocurrency and runaway presidential candidate John McAfee offered his knowledge of the cryptocurrency to the Cuban government. Aversion to American politics It seems that before the Cuban government and John McAfee united only contempt for American power and the desire to escape from the clutches of the United States. But now much has changed. John McAfee believes that he has the necessary experience to help Cuba develop a cryptocurrency that will allow the country to begin trading …

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El Petro: the King is dead all hail the King Nicolas Maduro...

El Petro: the King is dead all hail the King

Nicolas Maduro forced the largest bank in Venezuela to begin operations with tokens Petro. Venezuelan President Nicolas Maduro ordered the country’s largest bank, Banco de Venezuela, to begin processing transactions with the state cryptocurrency Petro. This was reported by the press service of the Ministry of Finance of Venezuela and noted that the head of state ordered that all branches of the bank in the province could handle operations with the coin. Maduro made this statement during the event dedicated to the tenth anniversary of the nationalization of Banco de Venezuela. Note that on June 19, Nicholas Maduro said that the country’s budget allocated 924 million Bolivars (just over $ 92.5 million) to a digital bank created …

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IEO IDAX Scam - another worm, another can? Does it matter? It’s...

IEO IDAX Scam - another worm, another can? Does it matter?

It’s not new. The issue unearthed by what has apparently happened to the CMA project that had IEO on IDAX.pro exchange is a bit of a Deja vu. Is it high time we paid heed? So imagine you are raising money for a new and exciting crypto project. You go to an exchange that kind of asks consent to update the IEO (Initial Exchange Offering) progress bar with the avowed explanation of leveraging some FOMO current. You are too lazy or ignorant to do some due diligence or too naïve to not blindly trust the exchange. There is some champagne bubbly announcement saying 95 per cent of the fundraising goal is met. But when you turn to the exchange it says only a tiny fraction of the huge claimed sum (which happens to be less than the money you pa …

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Time to PART from the eBay days? No middlemen, but a lot of...

Time to PART from the eBay days?

No middlemen, but a lot of privacy and individual power as one goes shopping online. All that powered amidst aisles and aisles of open source software in a world that has been colonized with off-the-shelf ware. Sounds like a dreamy off-season sale? A peer-to-peer marketplace that is open, private and decentralised – that is an idea that is bound to draw ‘why no one has done this already’ reactions from anyone who hears about it. Especially the part about using cryptocurrencies easily as one shops or sells bread or car-parts from the cosy confines of a keyboard! Without parting with any data!! And the novelty of something like a ‘PART’ - a native token that can be a disruptor for cold staking (i.e. staking with no need to expose cry …

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Cryptohackers managed to bypass two-factor authentication...

Cryptohackers managed to bypass two-factor authentication (2FA)

ESET has warned about the emergence of malicious applications for cryptocurrency, which use a new technique to bypass two-factor authentication based on SMS-messages. The so-called two-factor authentication (2FA), which is an additional method of protection, in addition to the usual introduction of a username and password, is currently considered to be the main deterrent against intruders. Malicious software detected by ESET specialists bypasses the 2FA procedure, independently using a one-time password notification from an infected device. An Android application called Koineks disguises itself as a cryptocurrency exchange program and steals login data into your account. This malicious Android application was uploaded to Google …

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Russia may allow the sale of cryptocurrency As part of the...

Russia may allow the sale of cryptocurrency

As part of the preparation of a draft law on the circulation of cryptocurrencies in the Russian Federation, the idea of ​​allowing the sale and purchase, but not calculations in them, is discussed. The final decision on this issue has not yet been made, said Deputy Finance Minister Alexei Moiseyev. “In terms of cryptocurrency, the last question that remained is literally today we had a meeting with the participation of both the Central Bank and the FSB. In fact, we now have a question of determining how much a cryptocurrency can be used. There range from prohibition to the possibility of purchase. As a foreign currency: you can buy and sell, but you can not pay with it. After the political decision on this issue is taken, we will have …

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July 1 2019 Webhits.io is to launch a beta platform with WEB...

July 1 2019 Webhits.io is to launch a beta platform with WEB token integration

The Webcoin project announced yesterday the launch of the first of its kind Digital Marketing 2.0 platform. The launch is scheduled for July 1, 2019. A link to register for the beta will be provided by the Webhits.io team just before the official launch date. Currently, you can buy the WEB token on 20+ cryptocurrency exchanges, the full list of exchanges is available here. What is Webhits.io? Webhits.io is an interest-based p2p web and social media service exchange platform. The platform’s mission is to provide tangible results, increase advertiser Return on Investment (ROI), and significantly lower the costs for the website and social media engagement services globally. A distinctive functionality trait of the platform is t …

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The Revolutionary Exchange -DEXAGE- has secured an IEO on...

The Revolutionary Exchange -DEXAGE- has secured an IEO on BitForex and Exmarkets.

Dexage a user-centric  Hybrid exchange startup has proven that it is a viable project from its recent vetting and approval for an IEO on two reputable exchanges. If you have been following this project, you will know that the team has not deviated from its road map. Its ICO ended May 31st 2019 and its IEO is started on the 22nd of June 2019.  Its investors are delighted with this development and the tenacity of the Dexage team. The question you might have now is; What is an IEO? And how do I participate in the Dexage project? Here are 4 parts for easy understanding and quick assimilation. What is an IEO? An IEO is a way through which cryptocurrency startups raise money to execute their project. The acronym IEO …

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PARSIQ’s universal tool launched into crypto...

PARSIQ’s universal tool launched into crypto space

PARSIQ launches a comprehensive tool for blockchain analysis and monitoring Both Bitcoin and the transactions in its blockchain, as in the alternative cryptocurrencies (Altcoins), tend to be much more traceable than assumed. Data and transactions in the blockchain are publicly legible by all. Transactions, by the nature of the network, are interconnected and create “routes” between them. PARSIQ is a universal tool for the analysis and monitoring of blockchains that is born at a time when data is flooding the Internet. The tool provides an analytical view of the transaction history in blockchains. They are providing ease and speed when analyzing massive correlated data. Considering the growth of the sector, tools related to data …

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Firefox: a critical vulnerability that threatens cryptocurrency...

Firefox: a critical vulnerability that threatens cryptocurrency users

Coinbase Security and Samuel Gross, a cybersecurity expert at Google, discovered a zero-day vulnerability, which is targeted at cryptocurrency users, in Mozilla’s Firefox browser. According to experts, a critical vulnerability that is monitored as CVE-2019–11707 can be used to launch an attacker’s code and install software that does not require user interaction, and therefore it is strongly recommended that users update the browser. The last zero-day vulnerability in Firefox was discovered in 2016, so such cases are quite rare for the Mozilla browser. Not much is said about the exploit itself, so that potential attackers could not use it. Yesterday, the Mozilla team released a patch for Firefox version 67.0.3. Again, it is very i …

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Interest in bitcoin has increased by 70% The Consumer Affairs...

Interest in bitcoin has increased by 70%

The Consumer Affairs Agency of Japan (CAA), which is engaged in consumer protection, said that the number of requests related to cryptocurrency has increased. The CAA report says that in the last fiscal year, the agency received 3,657 requests for cryptocurrency, which is about 70% higher than in the previous year. Most of the questions are related to the reliability of crypto exchanges, security, anonymity problems, as well as technical difficulties associated with processing payments. The CAA report was published after the National Tax Agency of Japan announced that it intends to take action against organizations that underestimate their cryptocurrency revenues. The agency has attracted about 200 specialists in order to …

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Bittrex to limit access to 32 digital assets for US...

Bittrex to limit access to 32 digital assets for US residents

Bittrex Cryptocurrency Exchange announced in its blog that it will block US users access to 32 digital assets. The exchange reported this in its blog on June 7. According to the statement, after June 21, US traders will not be able to access ADT, CMCT, GO, MFT, QRL, XEL, AMP, DNT, GTO, MOBI, QTUM, XNK, BAY, DTA, HYDRO, NLC2, RFR, BCPT, ENG , IHT, NMR, STORJ, BLOCK, FCT, ION, PRO, STORM, BOXX, FLDC, LBA, PTOY, SWT. The exchange noted that US users will receive an e-mail explaining what they won’t be allowed to do with the above assets. After the change takes effect, US customers will not be able to buy or sell blocked coins, and all open trades with these assets will be cancelled. Some limited asset functionality will still be …

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