22 Aug
0
The FCA wants to approve blockchain startups in England
In fact, a “small but significant number of firms” that use the blockchain and works in the fintech industry could officially receive the FCA authorization.
To do so, the FCA is looking for blockchain projects involved in the Project Innovate program.
The FCA is evaluating more than 150 startups and 40 of them will be approved for further study.
The number of blockchain startups is growing fast, but regulators are always concerned about illegal activity and bitcoin volatility.
The FCA director of strategy and competition, Chris Woolard explained:
“We do think blockchain has got some potentially interesting applications and we are talking to firms thinking about how to apply that to financial services and how it could benefit consumers or indeed make the business of compliance easier.— There may be areas where we might want to encourage it a bit.”
He explains the FCA will announce more details about this project by the end of 2016.
These startups will be the first to receive approval from the English FCA.
Blockchain investments
Companies such as Greenwich Associates, EY, Accenture, and PwC explained that they believe that financial institutions will spend $1 billion USD for the distributed ledger technology during the current year.
Jeremy Millar of Ledger Partners said:
“Reports have claimed up to $100bn could be saved on the post-trade settlement process by using blockchain. Another estimate by Goldman Sachs said there could be $50bn of savings in the US repo market alone. The numbers are huge.”
The technology behind Bitcoin is growing its popularity within the fintech industry. More and more financial institutions and governments are developing and studying its applications.
This way, the English FCA could be the next authority to officially recognize the potential of the ledger.
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5 Aug
0
CryptoMixer or how to protect your privacy
Cryptomixer is a Bitcoin mixer that provides very effective and cheap Bitcoin mixing for anyone looking for extra security.
CryptoMixer has a reserve of bitcoins that is around 1800 BTC (you can find proof of solvency here).
This way you can also mix a large amount of bitcoin and assume that a large reserve guarantee you always a top service. This is especially useful for managed security services, as CryptoMixer provides this with low and customizeable fees.
In addition to all of this, Cryptomixer has many customizeable things, such as a delay. Delay allows you to prevent time-based analysis.
CryptoMixer also has provided a convenient calculator for you to estimate how much bitcoin you should send when you decide to mix your bitcoins. Many sites doesn’t offer calculators and ask for you to pay at the very last stage, which can be frustrating as you may not have the right amount of bitcoin.
In addition to all of this, CryptoMixer does not keep any transaction logs, and they’re destroyed after 24 hours to ensure nobody can get their hands on it. While it’s not likely that the site could get hacked, if it does, you’ll have a good chance that the previous mixes you’ve had will not be on their record, and so Cryptomixer has put up yet another extra layer of security systems.
CryptoMixer has great reputation in the Bitcoin community, and if you still don’t trust them, you can verify a signed message that they have provided to make sure their reserves are truly 1800 and that the message is legitimate.
If you want to verify, the address is this: 1CrypMixXWtTjYGCM5ZJmyQYP1Y39P7aLM
Support experience
Support is one of the main priority of Cryptomixer.io in way to ensure a great experience to its customers. You can contact support simply by clicking a button. Then, a window will be opened and you can easily contact an agent that will assist you in a really great way !
Cryptomixer.io also have a Referral program that allows you to earn some bitcoins to each person that you’ll refer on their site !
As site says “Get 50% profit from all exchanges done by your referrals-with no time limits.”, so, you can easily earn a good amount of BTC if you have a blog where you can advertise it !
Features: Cryptomixer.io is going to open other mixing service also to other coin such as Ethereum and many exciting news is going to come !
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1 Aug
0
Universities can have their own Bitcoin Nodes thanks to BSafe
Several researchers want to encourage universities to set up bitcoin nodes to allow students and teachers to work and test the blockchain.
This private testbed network is called BSafe and it aims at helping the Bitcoin technology proliferate and preventing hacker attacks.
“Most developers in this world think that bitcoin’s fundamental cryptographic algorithm is ideal and can be used as a black box,” explained to Coindesk Shin’ichiro Matsuo, co-founder of the BSafe network.
How universities can have their own Bitcoin Nodes thanks to BSafe
BSave will provide a communication channel between universities and Bitcoin Core developers on the several testnets, or the alternative blockchains used for doing tests.
Created in February, the network has five nodes deployed in Japan, UK and another set up by MIT.
Matsuo wants to have a group of 30 university nodes within the end of 2016; also he aims at setting up three university nodes per country in the next future.
“Right now the community is a meritocracy and the majority of it is based on whether you can code,” said Bitcoin Core developer Cory Fields.
According to Fields, several groups of nodes would be able to measure things that have been difficult to study before.
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23 Jul
0
Reserve Bank of India to study blockchain applications
Reserve Bank of India (RBI) proposed to local banks to study blockchain applications.
In fact, a bank deputy governor encouraged other Indian banks to collaborate within a research group previously created by the central bank on blockchain projects.
During a recent event held by the Institute for Development and Research in Banking Technology (IDRBT) on 19th July, Rama Gandhi explained how banks should develop applications for the blockchain and cryptocurrencies.
These were his words:
“Cloud-based computing, blockchain processing technologies and virtualization of IT systems are a few examples which hold potential for being used in a big way … Banks and IDRBT can work together to study these, test them out and adapt for best use.”
Bank of India wants its own digital currency
The Reserve Bank of India has been investigating distributed ledger applications of the technology since 2014, according to reports.
Back then Central bank governor Raghuram Rajan said that the bank could release its own cryptocurrency but no more details are available about this project.
Open your free digital wallet here to store your cryptocurrencies in a safe place.
21 Jul
0
Regulators to allow Bitcoin in Russia
Russia’s Ministry of Finance revealed that regulators now wants to propose a new law to allow Bitcoin in Russia.
Actually, they want still ban Bitcoin in Russia for domestic use, but they want to use it as a foreign currency.
In a recent interview conducted by the Rossiyskaya Gazeta magazine, deputy finance minister Alexei Moiseev explained this move to limit the use of other currencies domestically.
As Moiseev said, ruble is supported by Russian Constitution, so it can be the only currency in use for national trading.
How to use Bitcoin in Russia
“Can Russian citizens have a wallet and pay bitcoins in those countries where it is allowed? Why not? Therefore, we are formulating the law in such a way in order to allow buying cryptocurrencies for foreign operations and allow Russian citizens to sell bitcoins for profit reasons in foreign countries.”
This announcement represents a significant change for Bitcoin Russia.
In fact, previously Russian government wanted to ban digital currencies and to impose criminal penalties for their users, despite more positive notes from the Russian central bank.
Currently there is no law to prevent the use of bitcoin domestically, and Russia doesn’t want to limit the development of the blockchain, but only to prevent the Bitcoin use for national commerce.
Universal Multicurrency Wallet
By using the HolyTransaction wallet, you can store several kinds of digital currencies such as Bitcoin, Litecoin, Dogecoin, Blackcoin, Ethereum and more; everything within a single account easy to be managed.
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Open your free digital wallet here to store your cryptocurrencies in a safe place.
19 Jul
0
PayMeaBit: a Bitcoin Social Network
PayMeaBit is a new Bitcoin social network where you can publish your contents (photos, charts, infographics and more) and earn bits, or a small fraction of Bitcoin.
As Bitcoin has eight decimals, it allows microtransactions that are very useful when you want to buy somenthing or leave a tip online, and this is the reason why we defined it as the Internet of Money.
So, Paymeabit is a “Value Network”, a platform where contents – such as a comments, a photos, a videos or blog posts – can earn value in bitcoin.
Paymeabit enables this by allowing every like to have a value in bits – which are fractions of bitcoin worth less than a cent. This makes it easy for content creators and all the users to monetize their content with bitcoin nanotransactions.
To use PayMeaBit follow this guide.
Bitcoin Social Network: a guide to use PayMeaBit
1) Go to the PayMeaBit website
2) Scroll down the page and click on “Join PayMeaBit”
3) Sign in with Google, Facebook, Twitter or with your e-mail
4) You are in!
As you can see, the sign in process is very simple and the platform is user-friendly.
Now you should publish somenthing to start earning some bits.
5) After the “Log in” you will find the “Create” Button on the right top of the page
6) Click on “Create” and go to “Post”
7) Then you can create your post. You can now add a URL, write your article or add an image.
Now you can start to monetize your content!
8) Share your post on your social networks such as Twitter, Facebook and more to allow your friends to leave you a tip.
You can also create a premium post and/or a group where you share your problems or questions with the community.
It is very simple, isn’t it?
Of course, you can withdraw the bits you earned, but you need a wallet.
Open your Bitcoin wallet here for free thanks to HolyTransaction!
Open your free digital wallet here to store your cryptocurrencies in a safe place.
14 Jul
0
Russian Party accepts Bitcoin
Today reports explain that a minor political Russian party accepts bitcoin donations.
The center-right party created back in 2009 called the Party of Growth, in fact, will accept donations in the cryptocurrency.
This news originally appeared on Interfax and TASS, two magazines about Russia and that cover remarks from Boris Titov, the head of the Party of Growth and advisor to Russian President Putin for business-related issues.
Why the Russian Party accepts Bitcoin
According to these magazines, Titov explained that the party need funds from new sources, including crowdfunding and bitcoin – but only from people with verified identity, he continued.
In fact, the party wants to promote the acceptance of the digital currency within its own country.
To do so, the party will also create a legislation that will be able to simplify the technology adoption and development in Russia.
“Russia can take advantage of the difficult economic situation that has developed today for us to become a very profitable country open to blockchain”.
Currently the party of Growth doesn’t hold any seats in the Duma, but it has two representatives in Russia’s regional legislatures.
Open your free digital wallet here to store your cryptocurrencies in a safe place.
13 Jul
0
Kim DotCom to restore Megaupload with Bitcoin
The well-known entrepreneur Kim DotCom announced that he plans to restore the web hosting platform Megaupload with Bitcoin next year.
In fact, a few days ago Kim DotCom, who created Megaupload back in 2005, published a tweet in which he explains his project:
“I can tell you that Megaupload and Bitcoin had sex. There is a pregnancy and I have a feeling that the baby will be such a joy.”
He also explained that everyone who will tweet on his behalf will get a beta access for the Megaupload 2.0.
According to his will, Kim will restore the website on January 20th, 2017, or the fifth anniversary of the U.S. government closed the original domain.
Thanks to bitcoin, DotCom indicates that users will be able to pay the access to Megaupload with Bitcoin.
When Megaupload 2.0. will be active, original users’ accounts will be reinstated, even if this move could lead to future legal issues as Megaupload encouraged users to share copyrighted content.
According to Torrentfreak Megaupload 2.0. will provide 100gb of free storage and users will be able to sync all their devices to an only account.
Universal Wallet
To store and pay with Bitcoin you need a safe wallet as the HolyTransaction one.
Read more about Bitcoin in our blog and open your wallet here for free.
Open your free digital wallet here to store your cryptocurrencies in a safe place.
6 Jul
0
Uber accepts Bitcoin in Argentina
The Argentinian department of the ridesharing giant Uber accepts Bitcoin.
To do so, Uber starts a partnership with Xapo, a startup that will help Uber users to accept bitcoin debit cards during their domestic and abroad travels.
This project was announced this week through a Twitter post published by Uber Argentina, even if it has now been deleted for unknown reasons.
Uber accepts Bitcoin to fight against Government
This decision came when Argentinian government blocked Uber credit cards, after a police raid in the houses of the individuals suspected to be connected to the Uber company.
A Xapo spokesperson explained that the company exploits this event to propose its service to Uber, to allow its users to load debit cards with bitcoin.
Anni Rautio, product manager at Xapo, explained:
“This is a win for all local Uber users and drivers, and for Uber as a company, as they are able to continue operations in Argentina through Xapo’s Debit Card. It’s also great news for bitcoin: it’s one step closer to seeing mainstream companies adopt bitcoin.”
This partnership started last week, and Xapo has already experienced a growth in interest for its debit card service.
Even if it is not sure that this news will allow the increase of the use of bitcoin in the country, a local magazine reports that 550,000 users downloaded the ridesharing app.
Open your free digital wallet here to store your cryptocurrencies in a safe place.
5 Jul
0
Russian Banks work on a Blockchain Unit
Russian Banks work on a Blockchain Unit
A few days ago Russian Banks and public institutions revealed that they will create a unit that aims at studying blockchain applications.
Announced on July 1st, this private consortium includes QIWI, B&N Bank, Khanty-Mansiysk Otkritie Bank, Tinkoff Bank, MDM Bank, and Accenture.
The project was announced during the 25th International Financial Congress in St. Petersburg, hosted by the Russian Central Bank.
This unit focuses on the development of “blockchain proofs-of-concept, work on joint research and policy outreach, and the creation of technology standards”.
The idea for this project came when the QIWI revealed its hope for creating the so-called “Russia’s R3CEV”, a group of financial services focused on the distributed ledger.
CEO Sergey Solonin explained:
“I’m convinced that the Consortium, which brought together the Russia’s largest financial company, is able to become an effective platform for multilateral cooperation in exploration, launching innovations and their implementations in financial services.”
Bank of Russia works on the Blockchain
Bank of Russia is not new to an involvement with the Blockchain, in fact,
A few months ago Olga Skorobogatova of Bank of Russia explained that “the development of modern financial markets is inseparable from the development of financial technology”, when the bank revealed his purpose to start studying the distributed ledger back in February 2016.
Universal Wallet
HolyTransaction is a universal wallet where you can store several different kinds of cryptocurrencies in a safe and unique place, easy to manage.
Open your free digital wallet here to store your cryptocurrencies in a safe place.