Daily Archives: June 2, 2018

PR: Dether, the first Decentralized Fiat to Cryptocurrency Marketplace, to Release Mobile App

Bitcoin Press Release: Expected in June 2018, Dether will release the world’s first decentralized fiat to cryptocurrency marketplace, enabling anyone who has a smartphone to buy and sell cryptocurrency for cash and spend it at physical stores.

May 27th, 2018, Gibraltar. Dether’s mission is to give power back to individuals — especially unbanked populations across the globe — by enabling them to easily access cryptocurrency. Dether is building a worldwide ecosystem of crypto buyers, sellers and physical stores willing to trade crypto for fiat cash and accept it as a means of payment. No bank account is needed, just a mobile phone with internet access.

A mobile app that lets you cash-in and cash-out cryptocurrency, with no fees taken by the company

Buying cryptocurrency presents many obstacles: fiat currency barriers, the need for a bank account, and certain geographical limitations. Individuals are often excluded from using cryptocurrency if their national currency is not accepted on a major exchange or if they don’t have a bank account or passport, leaving the world of dApps inaccessible.

Dether’s beta version, released on Ethereum test net in March 2018 on https://betakovan.dether.tech, allowed users across the globe to test the app and its main features. Now, with the release of the Dether mobile app in June 2018, anyone will be able to use his or her mobile phone to connect and trade with crypto sellers near them on the Dether map, the app’s built-in location system.

Dether co-founder, Mehdi Amari commented:

We are building a fully decentralized cash-in and cash-out marketplace, meaning that no central entity has any control over the user’s accounts, funds, or conversations. No funds are held. Each individual has his own private key locate in his device. Conversations are fully decentralized and peer-to-peer. The decentralized reputation system is based on the user’s number of trades and volumes. As a company, we don’t take any fees on the transactions between buyers and sellers.”

Enabling any cryptocurrency holder to become a mobile ATM

Dether addresses both individuals interested in buying and selling cryptocurrency for fiat currency, and physical shops willing to accept cryptocurrency as a means of payment. Using Dether, both individuals and physical shops can become an exchange by registering their point of sale on the Dether map and choosing their own fees.

For users shying away from volatility, Dether and MakerDAO, creators of the Dai stable token, have partnered to bring the value and power of a stable token to retailers and individuals worldwide using Dether. By further breaking the barriers to blockchain and crypto adoption, they enable any individual or shop owner to easily switch from any cryptocurrency stabilized against the value of the U.S. Dollar, and vice versa.

From Nigeria to Norway, shops all over the world can now be a part of a global ecosystem

Following their successful token sale in February 2018, Dether released “Dether for Shops” on Ethereum main net, allowing retailers to stake DTH (Dether’s utility token) in order to be listed on the Dether map and broadcast the fact that they accept cryptocurrency.

Dether co-founder, Hamid Benyahia stated:

In terms of user experience, it’s much like the process of searching for a nearby café or restaurant on Google Maps, but in this case, you’re looking for a place to spend your cryptocurrency. This represents a unique opportunity for merchants and the crypto community,

Soon, “Dether for Shops” will allow shop owners to be listed on the Dether map under exclusive keywords related to their business.

An Expected Release Targeting Developing Countries in Africa, Asia and South America

Dether co-founder, Hamid Benyahia said:

We are thrilled to be releasing the Dether app across countries in Africa, South America, and Asia. There are more than 2 billion adults that remain unbanked in these regions. Whether it’s for remittance, investment, or as a response to hyperinflation, we believe that these markets are in critical need of the ability to easily buy and sell cryptocurrency for cash.”

Users interested in accessing the Dether mobile app can register for early access here: http://app.dether.io.

Visit the Website: https://dether.io/
Read the Whitepaper: https://whitepaper.dether.io/
Connect on Telegram: https://t.me/joinchat/GkdUjUQ4jx_Apxmz2km4ww:
Follow on Twitter: https://twitter.com/dether_io
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Medium: https://medium.com/@DETHER

Media Contact
Name: Taylor Smith
Email: taylor@dether.io

Dether is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all. Token sales are only suitable for individuals with a high risk tolerance. Only participate in a token event with what you can afford to lose.This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

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A Traveler’s Guide: How to See the World With Bitcoin in 2018

After software developer Felix Weiss from Luxembourg attracted worldwide attention two years ago, by traveling the world with Bitcoin at his disposal, Hard Fork asks the question: Has this feat become easier in 2018?

When Weiss left on his world trip in January 2015 Bitcoin had crashed to around $200 per BTC, but started to slowly climb back en-route which he said had helped him to complete his 18-month journey. He said that the easiest country had been the US, particularly San Francisco, where Bitcoin acceptance was widespread around the city.

He struggled in Cuba having to revert to cash. In Asia, he said his cash usage again was high and found a higher degree of Bitcoin acceptance in South America.

Hard Fork’s Neer Varshney researched how this picture might pan out in today’s crypto space by contacting airlines: the first port of call for any travelers. He found that there are multiple airlines accepting cryptocurrency payments including CheapAir.com, who started accepting cryptocurrency payments as far back as 2013. The company now accepts Litecoin, Bitcoin Cash, and Dash payments.

Other companies offering cryptocurrency booking services included Expedia, BTCtrip.com, Destinia.com, Japan’s Peach Aviation, California’s Surf Air, and Latvia’s airBaltic, and A Bit Sky.

Finding a placed to stay has become even easier as most of these companies also allow you to pay in crypto for accommodation too, although it depends on exactly which part of the world the traveler chooses.

Eating is not quite such a simple affair with limited restaurants and cafes around the globe accepting Bitcoin and other currencies. Although, CoinMap can help travelers find a Bitcoin-accepting venue for the next meal. La Sirene in Manhattan now accepts Bitcoin. Some companies now offer a gift card service which can be used to purchase food coupons for Bitcoin.

Shopping has become easier with many online stores now accepting the popular cryptocurrency, and as revealed in the last week if you land in Brisbane, the International airport there will be welcoming crypto payments in all its terminal shops and cafe’s this year.

The last resort, of course, is to hunt down a Bitcoin ATM. This is good news for the traveler, as there are now over 3000 such ATMs worldwide, and if South America is the list, then Argentina must be a destination for the discerning Bitcoin traveler, with its plan to install 30,000 machines in that country alone. Europe and the US are increasingly installing machines to keep up with customer demand, most machines offering Bitcoin and often a choice of other major digital currencies.

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Dapps Are the Future: CEOs Predict 2019 as a New Dawn for Cryptocurrencies

In six months from now, Satoshi Nakamoto’s creation will be 10 years old, but will it reach mass adoption? ponders Osato Avan-Nomayo of Bitcoinist.

With numerous blockchain products being utilized by private institutions, multinationals, and NGOs, and, with it increasingly becoming a real prospect for governments around the globe, the technology has expanded to become far more than just a new idea, but are cryptocurrencies used to their potential?

According to Zerion founder, Evgeny Yuttaev, cryptocurrencies are still more speculative than used for practical utilitarian purposes, suggesting there is a lack of use cases for digital currencies in 2108.

He suggests that most ICO’s seem to be in search of the next Bitcoin or Ethereum in search of massive profits, but what is really needed is projects which can change peoples lives, and for this to happen, decentralized applications (Dapps) need to become mainstream.

Currently, there are 1,565 decentralized apps built on the Ethereum blockchain alone, unsurprising given Ethereum’s historical place in the development of blockchain solutions. Carl Bennet of Status.im suggests that 2019 will become a new dawn for Dapps, suggesting:

“We will see more developers and designers focusing on creating simpler and more familiar user onboarding experiences for mainstream use we’ve come to expect from the applications we use and an overall lower barrier to entry into the crypto ecosystem.”

The suggestion is that Dapps will be the key to widespread crypto adoption, beyond the payments system created by Bitcoin, offering users the ability to interact with cryptocurrencies, while navigating user-friendly mobile and desktop applications, thus bringing digital currencies to the “forefront of social consciousness.”

That said, Bitcoin has made significant progress in terms of reducing payment time and transfer fees, whereas until recently processing times of up to an hour and expensive fees made it unsuitable for day to day use. Bitcoin transactions are now at their lowest in over a year and are completed in far less time

Yurtaev illustrates that even if favorable regulations lead to more widespread cryptocurrency regulation, blockchain still has the issue of scalability to solve:

“Public blockchains like Bitcoin and Ethereum must scale if they are to find mainstream success. It isn’t enough to handle five to ten transactions per second. To even begin to compete, they are going to have to be able to process hundreds of transactions per second.”

If next year is to herald in a new awakening for cryptocurrencies, Waves CEO Alexander Ivanov suggests that there must be a synergy between the traditional and the new:

“2019 will definitely be the start of crypto’s mass adoption, though much more still needs to be done for the two worlds — traditional banking and crypto — to coexist frictionlessly”

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Binance to Offer $1 Billion “Social Impact Fund” for Blockchain Startups

Leading cryptocurrency exchange platform Binance has announced plans to launch a USD 1 billion “social impact fund” to aid blockchain and cryptocurrency startups.

Positive action for the industry

As reported by Coin Desk, Binance will contribute over USD 1 billion via 10 installments of USD 100 million each, creating both funds for further investment into blockchain related funds, and direct funding of individual projects.

During an online meetup Thursday, Ella Zhang, head of the exchange’s incubator program at Binance Labs, detailed the investment plans further, noting that Binance is currently looking into 20 investment funds to contribute to. Each of these funds must already be responsible for managing a minimum of USD 100 million to be eligible.

Zhang also outlined the company’s ambition to finance the plan with their own financial reserves, with investments made in BNB token.

While Binance will receive much positive media attention and advertisement from this scheme, providing the funding from their own capital highlights their commitment to the plan as a positive action for the whole industry ecosystem.

“We believe it’s a disruptive social experiment. Binance Labs hopes to work with more aspirational projects to explore blockchain applications and together move forward the growth of the industry,” Zhang said.

The first investment is underway

The first project has already been chosen for the funding scheme, with a blockchain ride-hail initiative co-founded by Chen Weixing, CEO of app developer Funcity, being given for the opportunity.

Weixing previously founded Chinese ride-hailing app Kuaidi Dache, before announcing his new project last week at the BigData Expo in Guizhou, China.

While investing first in a high-profile blockchain project helps Binance gain exposure for their funding scheme, it will, of course, benefit the entire industry the most if the project reaches out to smaller start-ups with a viable whitepaper.

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New York Legislators Vote for a Cryptocurrency Task Force

The banks committee sect of the New York state legislature has voted in favor of progressing a bill that would authorize a digital currency task force.

The vote took place on May 30, with the committee confirming their backing for a task force that would study the effects of the implementation of cryptocurrencies on the state’s financial markets.

The Task Force

The banking committee is not the final hurdle for the bill, however, as it still must meet approval by the remaining legislators. Should this be successfully passed, the bill would commission a report that studies the impact of regulations on both the cryptocurrency and blockchain industries.

Specifically, the study would investigate how such regulations would affect the development of these industries, how the use of cryptocurrencies might affect local tax receipts, and what is needed to increase the transparency of the digital currency marketplace.

The inquiry would be required to provide the accurate number of cryptocurrency exchanges operating in New York state, as well as details of both large digital currency investors and energy consumption of mining operations. As reported by Coin Telegraph, the information gathered may be collected from any organization, government entity or person.

Notably, the bill states a requirement to review “laws and regulations on digital currency used by  other states, the federal government, foreign countries, and foreign political and economic unions to regulate the marketplace.”

The task force would be formed of nine members that would operate under the jurisdiction of the state governor, temporary president of the Senate, and the speaker of the assembly, with the final report expected for publication in December 2019.

US crypto crackdown

In an ongoing process of a US crackdown on cryptocurrency operations, last week the US Department of Justice (DOJ) opened a criminal investigation into whether traders are manipulating the price of Bitcoin and other cryptocurrencies.

Earlier this year, the North American Securities Administrators Association issued a warning for investors about the potential risks carried without cryptocurrency and initial coin offering (ICO) investments.

It is important to note, however, that less than 1 percent of bitcoin transactions are associated with illicit activities. If the report is produced by the New York task force, this could be an important opportunity to dispell unreasonably negative perceptions of the cryptocurrency industry.

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PR: Blockchain-based Crypto Game Bitpet Announce their Impending Airdrop Event

Bitcoin Press Release: Bitpet, a blockchain-based crypto game dubbed the Asian CryptoKitties, has announced their platforms second round of their  Airdrop campaign is to commence on May 25, 2018.

May 25, 2018. Seoul, South Korea: Bitpet users will be able to receive Bitpet in the air drop and while playing the game. Bitpet, which is a digital asset recorded on the blockchain, for free at the time of subscription, and the received Bitpet can be traded for ETH through sale on an exchange. Additionally items that can be used in game are distributed free of charge at every login. The number of deployments is limited, and when the quantity is exhausted, the airdrop event will end.

Bitpet is the name for a lovely digital rabbit that can collect, breed and grow.

It is based on The Linux  Foundation’s HyperLedger and can not be lost or duplicated. Anyone can see its existence through a scan inside the HyperLedger blockchain. Unlike the existing Crypto games, the METAMASK and ETH Network are not used, so a smooth and pleasant game progress is possible.

Users can participate in the Bitpet airdrop by registering through the website free of charge.

The Bitpet Airdrop

The Bitpet platform is playing host to the second round of their Airdrop campaign, releasing 50,000 Bitpet to the community. Users simply have to go to the Bitpet website and sign up. The Airdrop will take place on May 25th, 2018 and will last until all the tokens are claimed.

The Bitpet platform has a lot in store for the community this year, having recently integrated a wallet into their platform and are currently working on the Mobile Bitpet open and three new games. The team are set on pushing the boundaries for the blockchain-based gaming community.

Visit the Website: https://Bitpet.co
View the Roadmap: https://Bitpet.co/roadmap
Follow on Facebook: https://fb.me/cryptoBitpet
Follow on Twitter: https://twitter.com/BitpetTeam
Subscribe on Instagram: https://www.instagram.com/Bitpetteam
Chat on Telegram: http://t.me/Bitpet

Name: Michael Chung
Email: michael@bitpet.co
Location: SEOUL, KOREA

Bitpet is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

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Estonia Says No to National Crypto After EU’s Draghi Says Hands Off

Estonia has abandoned its plan to introduce its own cryptocurrency following the President of the European Central Bank Mario Draghi’s warning that no EU member can have its own currency apart from the Euro.

Local Estonian banking institutions had also been vocal, rejecting the idea, which was proposed by the managing director of the Estonian e-residency program, Kaspar Korjus.

The e-residency program, introduced in 2014, allows non-Estonians access to Estonian services such as company formation, banking, payment processing, and taxation. The program also allows anyone in the world to apply for a digital ID card and gain access to Estonian e-services when planning to start a company in the country.

Korjus had previously suggested that the country should develop and produce the proposed Estcoin national currency which could then evolve into the country’s national cryptocurrency as part of the e-residency program.

EU Bank president Draghi had already made it clear in September 2017 saying, “no member state can introduce its own currency; the currency of the eurozone is the euro.” His original position has been further supported by Governor of the Bank of Estonia, Ardo Hansson, who complained about “misleading reports” on Estcoin from government agencies.

Siim Sikkut an official in charge of Estonia’s IT strategy made it clear that Estcoins will now need a new plan as the national currency concept has been rejected, suggesting:

“We agreed in discussions with politicians that Estcoin will proceed as a means for transactions inside the e-resident community. Other options aren’t on the table. We’re not building a new currency.”

Kaspar Korjus, the author of the Estcoin plan, says that the “community Estcoin” is still being analyzed for potential benefits, but also confirmed that it wouldn’t become a national cryptocurrency.

Estonia a country of 1.3 million has a significant internet penetration and has seen a widespread adoption of cryptocurrencies and fintech over the past few years, becoming a breeding ground for new startups. The euro became its national currency in 2011.

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PR: CRYSTALS Token Event to Bring a Game-Changing Solution To the Modeling Industry

Bitcoin Press Release: CRYSTALS, the world’s first blockchain ecosystem for models, has announced that its pre-sale will go live on Tuesday, May 29th for a period of 10 days. The pre-sale is capped at US $3 million and follows a successful private sale round.

25 May, 2018. Russia: CRYSTALS is the first of its kind all-in-one solution for the modeling industry that will offer an innovative blockchain-based platform with advanced features for all parties in the modeling industry and the wider public. The platform will aim to resolve the burning issues of the industry that have hampered its development over the long term: territorial fragmentation, unhealthy competition, significant entry barriers, unjustified commissions, non-payment, fraud risk and several other matters.

The CRYSTALS Pre-sale participants will be awarded with a 25% token bonus as an early-bird discount. The bonus structure will gradually decrease over time to 10% (1st stage) and 0% (2nd stage) respectively.

The CRYSTALS Platform

With the launch of the user-friendly CRYSTALS platform and the CRS token, all of these issues will remain in the past.

CRYSTALS is aimed to create a single global ecosystem that will revitalize the modeling business and gather all modeling agencies and models from around the world in one place. Operating as an intermediary between models and customers, CRYSTALS doesn’t have direct competitors on the market. Modeling agency or model not opponents for the ecosystem, but partners. To bring all the advantages of Blockchain technology into the modeling industry with the goal of creating a fundamentally new ecosystem that will drive further growth – that’s what CRYSTALS intended for. More than that, CRYSTALS users can be assured of the reliability of money transactions and the safety of their personal data.

Nikita Yakubovskyi, Co-Founder and CEO of CRYSTALS Stated:

“We are excited to bring our groundbreaking platform into the world that can potentially re-shape parts of the modeling industry. After a long journey, we believe we’re at a good starting point to grow CRYSTALS into the premier global and decentralized platform that we envisioned it to be. We will offer modeling agencies and private models all over the world the possibility to build strong relationships with clients not only in a more transparent and risk-free way, but also be more profitable in the process”

The CRYSTALS Team

CRYSTALS has a team of young professionals who are incredibly loyal and passionate about their business. Nikita Yakubovskyi and Glib Yemelyanov, two Co-Founders, are experienced specialists within their areas.

Nikita is BSc in Computer Security and Networks faculty. He has been involved in several successful business projects including supply chains, logistics, transportations, and distribution channels industries. He is interested in Blockchain and Cryptocurrency technologies since 2012. He was one the first entrepreneurs in Ukraine who managed to fully transfer all money operations from original payments to the blockchain. Currently, after building an extensive automated trading platform between the US, Europe, Russia, and Ukraine, he is fully involved into CRYSTALS project.

Glib holds a BASc in Law and a BBA in Corporate and Real Estate Finance. He has a strong background at the intersection of law, business, and technology. He began his career path in the hospitality industry, first working in sales and marketing at Kempinski Dubai, and later taking up a position in revenue management at the Metropole, Monte-Carlo. He was then invited to manage a Subway opening in Croatia at a private consultancy firm based in Vienna. His experience combined with a keen interest in technology (especially the future of blockchain) drew him to join the CRYSTALS project as a Business and Legal consultant.

These guys have gathered talented people around the project, with a firm intention to achieve the goal – worldwide business creation.

Mentioned above are just a few key facts of the CRYSTALS. For more information about CRYSTALS, please visit website at www.crystals.io and refer to the whitepaper, which outlines the scope of works and roadmap for the CRYSTALS project.

Join the whitelist and follow social media: Telegram, Facebook and Twitter. Stay up-to-date with the latest news.

Visit the Website: https://www.crystals.io/
Read the Whitepaper: https://www.crystals.io/whitepaper.pdf
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Media Contact
Name: Roman Skrypnyk
Location: Russia
Email: info@crystals.love

Crystal is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all. Token sales are only suitable for individuals with a high risk tolerance. Only participate in a token event with what you can afford to lose.

This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest. The Crystal token sale is closed to US participants and participants of all countries in which ICOs are illegal.

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