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Crypto News Updates

Virtual Assets Unleashes Retail Cash Reload Innovation for Purchasing Cryptocurrency

Virtual Assets Unleashes Retail Cash Reload Innovation for Purchasing CryptocurrencyInstantly add cash to your Crypto Dispensers account with Green Dot @ the Register

Chicago, IL – Virtual Assets, LLC is pleased to announce that it has entered into an agreement with Green Dot Corporation (NYSE:GDOT) to enable customers to purchase cryptocurrency with cash. This new service leverages Green Dot’s mobile and web-enabled barcode generation system and thousands of Green Dot retail locations to provide a new cash-loading option for purchasing major cryptocurrencies. Through this integration, users will now be able to securely and conveniently add cash to their Crypto Dispensers accounts at thousands of participating retailers.

Crypto Dispensers, an online cryptocurrency exchange platform provided by Virtual Assets, has started to invite users to register on their new website. The site has been designed to offer investors an innovative medium to purchase major cryptocurrencies, such as Bitcoin, Ethereum, and Litecoin, with fiat money. Created with the user experience in mind, the site will allow verified customers to fund their accounts with cash by visiting any participating retailer in the country.

“We’re reinventing what people can do with their cash,” says Firas Isa, Founder of Virtual Assets, creator of the Crypto Dispensers online site. Utilizing Green Dot’s innovative cash reload network, our customers can now load their accounts with cash. Once the cash has been loaded, our customers can buy and transfer cryptocurrency instantly from their desktop or mobile browser. We are thrilled to enable people from all walks of life to invest in crypto quickly, securely and conveniently.”

As the name implies, “Green Dot @ the Register” allows users to fund their Crypto Dispensers account by simply going to the register at any participating retailer. After scanning the customer’s barcode, the cashier collects the cash the consumer wishes to load to their Crypto Dispensers account, along with any applicable reload fees. The retailer’s terminal is connected to Green Dot’s data processing center, where Green Dot can see the transaction in real-time, allowing Crypto Dispensers to automatically credit loaded funds to the customer’s account.

To load your Crypto Dispensers account, simply follow these steps:
Register by verifying your identity at www.cryptodispensers.com

Load between $20 to $500 using the barcode for a fee of up to $4.95.
The credit will appear in your account at the next login within 10 minutes.
Add a cryptocurrency wallet address to your account.
Use the credit to instantly buy and send cryptocurrency.
Reload and repeat.

“The process for purchasing cryptocurrency at participating Green Dot @ the Register locations is not only simple, but also much safer and more secure than using traditional Bitcoin ATMs,” Isa states. “Ultimately, this integration breaks down entry barriers to digital money and creates greater financial opportunities for hardworking individuals.”
Green Dot @ the Register is available at more than 24,000 retailer locations, a comprehensive list of which can be found by visiting the new Crypto Dispensers website. Virtual Assets is also currently coordinating with additional retailers to further expand their new service.

For more information about Crypto Dispensers, or to locate a participating retailer near you, please visit https://www.cryptodispensers.com.

About the Company
Virtual Assets is a cryptocurrency exchange company based in Chicago, IL with a mission to contribute in the effort of taking cryptocurrency mainstream. Through this new partnership users will now be able to instantly add cash to their Crypto Dispensers accounts to buy and send cryptocurrencies at thousands of participating retailer locations across the country. 

Contacts
Virtual Assets, LLC

Investor Relations
Firas Isa, 708-879-9344
IR@cryptodispensers.com

Supporting Link
https://cryptodispensers.com/


This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

The post Virtual Assets Unleashes Retail Cash Reload Innovation for Purchasing Cryptocurrency appeared first on Bitcoin News.

Source: Bitcoin News

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Armoney Recommends Only the Following Cryptocurrencies in India

Armoney Recommends Only the Following Cryptocurrencies in IndiaSo, what is cryptocurrency?

It’s an internet medium to exchange funds between individuals or corporations to conduct financial transactions. An individual becomes a bank and has control over his own money. Post-COVID will be the beginning of an online transaction era, without the need to go to a bank or touching cash (I owe you) paper money. As cryptocurrency is not “I owe you” it is “I own it”.

Why is cryptocurrency better than owning any other assets?

Can you take your stocks to another individual and buy groceries or dine in or book tickets and do online shopping?

Can you take 13 or 157 or 443 or whatever of number of grams, you break a brick of 1kg of gold and do the above trade… first, the buyer will take it to test and scratch gold to test the purity to justify whether it’s 12ct or 14ct or 18ct or 22ct or 24ct! Let alone the time it took to just find one who first hammers the perfect gold out of the brick.

And the same goes for cash! Rs.2000 or Rs.500 or try stacking Rs.100 notes in your pocket to buy months groceries. Imagine that!

Also, various forms of digital payments are available in India. Many advertisements these days are advising the public to use digital forms of payments, they have a lot of common with the nature of cryptocurrencies but, the fees they charge, freedom of withdrawal, and stability are not intriguing.

There are over 5000 cryptocurrencies globally but Armoney recommends only the following to be bought, traded, exchanged or HODLed in India:

Bitcoin (BTC) = Undeniably the best-known Cryptocurrency that has made many millionaires, very volatile and speculative in nature, due to being the first cryptocurrency it’s traded the most globally hence keeping the network secure. Processing time = 10 to 60 minutes

Bitcoin Cash (BCH) = Very much advanced than its parent Bitcoin, BCH has faster processing than Bitcoin and cheaper transaction fees, Processing time = 10 to 60 minutes.

Ethereum (ETH) = This is a very interesting cryptocurrency due to being an open-source its used for the development of various applications and broadly for trading & speculative purposes. Processing time = 6 minutes

USDC (USD coin) = It’s backed by real USD from the largest crypto exchange in the world Coinbase. Processing time = 6 minutes

Litecoin (LTC) = Another cryptocurrency that’s basically was made as a competitor to Bitcoin for peer to peer transfer. Its transaction speed is faster than Bitcoin. Processing time = 30 minutes

Ripple (XRP) = An institutionalized cryptocurrency used by institutions for cross border payments within minutes. The most advanced blockchain technology that has now been adopted by many banks, corporations, and institutions. Processing time = 1 to 5 minutes

If you’re looking to buy, sell or trade any of the above crypto assets, make sure you choose Armoney.com the most secure reliable exchange in India.

Armoney also includes the following features that we think you’ll like:
Cheapest trading fees and No fees on deposits & withdrawals
Proprietary liquidity, KYC, AML, and Bank account verification systems
Support desktop, mobile, and desktop trading
Focuses on premium design and ease of use
Supports INR paired crypto assets

Has 24/7, fast human support if you ever need help!

Contact Email Address
manu@armoney.in

Supporting Link
https://armoney.com


This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

The post Armoney Recommends Only the Following Cryptocurrencies in India appeared first on Bitcoin News.

Source: Bitcoin News

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Eidoo to Burn 80% of Company’s Token Holdings to Kickstart One of the Biggest Daos in Defi

Eidoo to Burn 80% of Company’s Token Holdings to Kickstart One of the Biggest Daos in DefiSwitzerland, 4th June 2020. Swiss-based crypto platform Eidoo is upgrading its native utility token into a governance token that will power a new cross-chain DAO. In a collaborative decision by Eidoo and pTokens, the $EDO token will be upgraded into $PNT later this month so that it can be used, staked and earn interest within the new pNetwork ecosystem – the decentralized network powering the pTokens solution.

The pTokens project enables cryptocurrency to “move” across different blockchains, which unlocks liquidity in the market to push DeFi beyond its current boundaries. The first of the pTokens series to launch was pBTC, making Bitcoin compatible with the Ethereum and EOS blockchains.

By transforming $EDO into $PNT tokens, this will extend its utility as it becomes fuel for a larger range of services within the pTokens (pNetwork) ecosystem. $PNT will still provide all the same benefits as the original $EDO token, giving access to industry-first features such as the Eidoo Card cashback program and an in-app Atomic Swap feature.

The token upgrade is supported by a number of exchanges which already list $EDO on their platforms, such as Binance and Bitfinex. All $EDO token holders will receive a 1:1 airdrop of the upgraded $PNT token directly into their accounts.

Burning 28 million EDO

In preparation for the token upgrade, and to mark the start of a new phase for the token economy, Eidoo will burn 28 million $EDO tokens held by the company – approximately 80% of their owned tokens. This burn of roughly 1/3rd of the total supply of $EDO means the upgraded $PNT token will launch with a total supply of just below 60 million tokens.

“While the pTokens solution was initially developed by the Provable Things team, a sister company of Eidoo, we want to hand over the control of the project to the community at large. This will achieve a truly decentralized governance system and distribution of token holdings. With Eidoo destroying their majority share of $EDO, all decisions voted upon by the future pNetwork DAO will become truly democtratic,” says Thomas Bertani, CEO of Eidoo and member of the main development team behind the pTokens project.

The pNetworkDAO

When launched as a governance token, the circulating supply of approx. 60 million $PNT will be distributed across more than 7000 blockchain addresses. This will make it one of the most robust and largest DAOs in the DeFi space.

Anyone holding $PNT will be able to join the pNetwork DAO and play a role in the governance of this pTokens system. $PNT holders can vote on different improvement and development proposals. For example, members can vote on which new pTokens “bridges” should be developed next, such as pLTC on Ethereum.

During the first stages of the pNetwork, an economic incentive is also introduced to the system to encourage users to actively participate within the DAO. In these first two years, all those who stake PNT will see their tokens grow thanks to an overall interest rate of 63% over two years. Up to 28,350,000 PNT tokens are dedicated to this initiative, which are generated through an inflation mechanism.

For anyone wanting to join the pNetwork as a validator (node), a stake of 200K PNT tokens is needed. This not only demonstrates commitment and serves as a bond, but creates a potential economic benefit for all validators who are rewarded for their work with the pTokens system’s peg-in and peg-out fees. Validators are also eligible for the 63% interest over two years on the tokens they stake.

Learn more at p.network and pTokens.io

About pTokens

pTokens is a cross-chain solution which enables Decentralized Financial DApps to be compatible with any crypto asset. pBTC was the first pTokens to be released, a 1:1 pegged ERC777 Bitcoin representation on Ethereum. designed to move any asset into any blockchain. The main development team behind the pTokens solutions is Provable Things, founded in 2016 in London. Provable uses cutting-edge decentralized and Trusted Computing technologies to provide services for modern DApps. The first Provable product to launch has become the longest-running blockchain oracle service industry-wide.

About Eidoo

Eidoo is your gateway to the exciting new world of decentralized finance (DeFi). As an app for mobile and desktop devices, it’s the easiest and most secure way to participate in the blockchain economy. A Swiss-based company founded in 2017, the Eidoo ICO raised more than $20 million and was one of the few projects to launch with an already existing product. Eidoo is part of Poseidon Group, a blockchain innovation leader in Switzerland, Italy and across Europe. Poseidon’s team is made up of world-renowned consultants, lawyers and executives with backgrounds in Big 4 business, asset management and emerging technologies.

The post Eidoo to Burn 80% of Company’s Token Holdings to Kickstart One of the Biggest Daos in Defi appeared first on Bitcoin News.

Source: Bitcoin News

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The Most Reliable Bitcoin Mixer BitMix.Biz – Your Fast Crypto Security in 2020

The Most Reliable Bitcoin Mixer BitMix.Biz - Your Fast Crypto Security in 2020The one who called himself Satoshi Nakomoto, created cryptocurrency so that anyone can keep their financial life untouchable and protected from the interference of others. However, requirements of customer disclosure put these principles at risk and ordinary users under threat of theft, extortion, and even kidnapping by bandits. Find out how you can protect yourself from this.

Why Should Your Cryptocurrency Be Anonymous?

To ensure the inviolability of personal financial information when creating cryptocurrency, Blockchain, which is a decentralized data storage system that can not be cracked, was taken as the basis. But the requirements of mandatory checks KYC / AML, then put forward by governments of many countries to companies operating with cryptocurrencies, do not contribute to maintaining the confidentiality of users personal info.

The problem is that companies such as crypto exchanges are favorite targets for hacker attacks, when personal data of users fall into the hands of attackers. Because of this, users whose data has been stolen are not only in danger of losing their digital assets, but also run the risk of real physical harm.

In the modern world, cyber crime it’s not a separate thing, criminal gangs often consist of representatives of different professions, so the data stolen by hackers is not only used to crack email and digital wallets, but also used by bandits and professional extortionists. Due to the analysis of transactions in the open cryptocurrency blockchain, attackers can easily identify the real owners of crypto addresses, and then their location. After that, getting under the pressure of various criminal gangs who can knock out information from their victims is easy.

So the anonymity of cryptocurrency transactions becomes not just a matter of preference, but a prerequisite for maintaining your digital assets, health, and in some cases even your life. This is especially true for those crypto holders who own significant amounts. Your data that is stored on the crypto exchange due to hacking can fall into the hands of interested parties who can use it against you.

Unfortunately, there are already quite a lot of cases of robberies, abductions and even killings of crypto owners and they are happening all over the world, so you should not assume that digital currencies concern only the virtual world. Tracking transactions on the blockchain, people were tracked down, abducted, and even burst into their houses with weapons. The only reliable way to protect yourself from such incidents is to follow the elementary safety rules on the network and ensure the anonymity of your crypto transactions.

How to Protect Against the Threat of Tracking?

You can prevent the identification of your personality. You can do this if you mix your Bitcoin. Special Bitcoin mixing services have been developed for a relatively long time. Using algorithms for mixing coins from different wallets, they break the chain of transactions between two addresses that could be tracked.

Your crypto operations can be easily monitored in an open blockchain system if you directly send coins to the address of another person or company. When using the Bitcoin mixer, your transaction is distributed in parts among many unrelated addresses and passes through different wallets several times. After that, the transaction amount comes to the address you specified from different sources, which confuses the traces of coins and therefore does not allow any to track you.

That is why most professional traders and crypto investors use the BTC mixer when they withdraw earned cryptocurrency from exchanges and investment platforms, because they usually operate with large amounts that are always of interest to attackers who analyze the blockchain.

However, not every Bitcoin mixer is worth using, trusting it your digital money. In addition to frankly fraudulent sites that simply steal your money, there are those that promise anonymity, but do not actually provide it.

Use the Most Reliable and Fast Bitcoin Mixer

This is not the first year that BitMix.Biz has been the best Bitcoin mixer and it will probably remain so in 2020. This is proved by that on the Internet there are many fakes posing as BitMix.Biz. In order not to run into one of these sites, you can check any BitMix.Biz mixer address using the key 1BitmixQRMUHYYEi11KBRhSfACa1BtcZrZ

There are no other domains for BitMix.Biz – be careful! Also, the most reliable Bitcoin mixer has a bitmixbizymuphkc.onion mirror in the TOR network. Using a proven method of mixing over the years, you will never lose your crypto assets.

BitMix.Biz mixing service, which has been working since 2017, does not have negative reviews, but it is highly rated in many ratings on the most respected and popular cryptocurrency info resources. Also, in some closed forums, there are guarantee deposits worth $15,000 from the BitMix.Biz, which act as insurance to compensate for losses in case of fraud. You can write to bitmixbiz@protonmail.com to get a link to such a forums.

This confirms that the crypto community trusts the reliable BitMix.Biz service, because even if something goes wrong, for example, due to heavy network load or other possible failures or bugs you can always easily contact BitMix.Biz to solve the problem. Be sure to keep the letter of guarantee that you will receive when making a deposit, and also do not clear the logs until the situation parsing begins, but no later than 72 hours later, after which all data is automatically deleted to protect your privacy. For the same purpose, the site does not use any analytical tools.

BitMix.Biz Features

– No registration required.
– In addition to mixing BTC (Bitcoin) and LTC (Litecoin) BitMix.Biz is the first crypto mixer that supports mixing Dash coins, which, despite having its own mixing system, does not give complete anonymity.
– Completely prevents the possibility of transactional analysis.
– The maximum level of difficulty and randomization.
– Large pools of coins that are completely unrelated to each other.
– Variable manual or automatic commission.
– Constantly mixed coins, which provides instant withdrawal after confirmation.
– Transaction delay, which does not allow to detect the sender and receiver by the time of sending.
– Ability to use the public API on your website.
– Simple and intuitive interface with support for 10 languages, it is possible to save settings.
– The presence of an affiliate program.
– Maximum performance without the use of unnecessary visual effects.

More info in the FAQ

To protect your privacy with the best Bitcoin Mixer BitMix.Biz just do the following:

  1. On the BitMix.Biz website, specify the amount and select the mixing parameters;
  2. Indicate the final wallet where you want to get clean coins;
  3. Send crypto coins to the mixer;
  4. Get a clean cryptocurrency in accordance with the selected mixing parameters.

Watch this video https://youtu.be/JCn2QyvLQEM to see for yourself how it works.

BitMix.Biz Protects Crypto Community Principles

Contact Email Address
bitmixbiz@protonmail.com

Supporting Link
https://bitmix.biz

 


This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

The post The Most Reliable Bitcoin Mixer BitMix.Biz – Your Fast Crypto Security in 2020 appeared first on Bitcoin News.

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ViaBTC Group Announces Strategic Upgrade to Advance Innovation and Improve Customer Experience

ViaBTC Group Announces Strategic Upgrade to Advance Innovation and Improve Customer ExperienceHong Kong, 30 May, 2020 – ViaBTC Group, an innovative technology company specialized in blockchain and dedicated to providing users with comprehensive digital asset management services, today announced a strategic upgrade, which included a new organizational structure, product innovations and service improvements.

As part of the change, the Group has established three dedicated business units (BU): the financial services BU, consisting of ViaBTC mining pool and CoinEx exchange; the infrastructure services BU, including ViaWallet and Blockchain Explorer; and the ecological development BU, focusing on the research and development of public chain technology and the construction of the ecology.

“This new streamlined structure will empower our next phase of evolution by further aligning the group’s activities with the development of customer solutions,” said Eddie Jiang, VP of the Group. “Operations of CoinEx exchange and ViaBTC mining pool will be integrated, deriving diversified product combinations to meet miners’ financial service needs.”

The group has always focused on product innovations. With a wallet embedded in the mining pool account, users can store, deposit and withdraw their revenue, and transfer assets to CoinEx at any time without charge. Besides, a smart mining service that can bring more profit was launched. The Group also plans to set up a resource sharing platform, providing quality resources and cooperation opportunities.

Based on the experience of serving more than 100,000 miners worldwide, ViaBTC carried out a brand-new service upgrade. It pioneers revenue distributions on an hourly basis, and provides detailed lists of income distribution, making it more transparent. In addition, daily or monthly investor-oriented income analysis reports are also available.

SAAS mining pool service will also be launched soon. ViaBTC will share the technology and experience, as well as provide one-to-one consultant to help customers build their own mining pools within one week.

“Last month, ViaBTC joined the Cambridge University for a research report on the global mining industry, and results show that areas with low energy costs, such as China, the US and Russia, are preferred. We will set up offices in these regions to better communicate with our users,” said Eddie. “Our fourth anniversary year is coming, and we are ready to take the next step in our journey. This strategic upgrade will make us more competitive in the industry.”

About ViaBTC Group

Established in 2016 with Bitmain-led investment, ViaBTC Group is an innovative technology company specialized in blockchain and dedicated to providing users with comprehensive digital asset management services. It is one of the companies in the world with the most complete global digital asset business layout with three dedicated business units: the financial services BU (ViaBTC mining pool and CoinEx exchange); the infrastructure services BU (ViaWallet and Blockchain Explorer); and the ecological development BU (R&D of public chain technology and the construction of the ecology).

Website: www.viabtc.com

Twitter: https://twitter.com/ViaBTC

Contact
Phneos Peng
ViaBTC PR Department

Contact Email Address
pengweijie@coinex.com

Supporting Link
www.viabtc.com


This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

The post ViaBTC Group Announces Strategic Upgrade to Advance Innovation and Improve Customer Experience appeared first on Bitcoin News.

Source: Bitcoin News

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Reddcoin (RDD) Nears PoSV v2 Activation, Clearing Way for Explosive Developments

Reddcoin (RDD) Nears PoSV v2 Activation, Clearing Way for Explosive DevelopmentsAlbuquerque, NM – May 29, 2020 – Feisty underdog and first generation cryptocurrency Reddcoin (RDD) launched the PoSV v2 consensus algorithm activation process on Christmas Eve 2019 enhancing all facets of support of the native lightning-quick blockchain to a self-funding independent model. That work has culminated in recent days and will be activating shortly, marking a transition for the never-say-die Reddcoin (RDD) development team and the project as a whole.

Reddcoin is a uniquely community-driven and user-focused decentralized cryptocurrency established in 2014 and running seamlessly for six years. A member of the BITA50 and ALT100 crypto-indices, and a “Top 100” project with a market cap of approximately 40MM US, Reddcoin is also an all-volunteer and self-funded organization.

Unlike most in the blockchain space, having never experienced a significant security incident or hack is six years of operation, due to the nature of Reddcoin’s unique proof-of-stake-velocity (PoSV) technology, Reddcoin stands alone as a secure payment technology, with minimal hardware requirements, and an ecofriendly, less-energy-wasteful approach to socially responsible technology. With thousands of active wallets, exchanges, on- and off-ramps to fiat and other currencies, users and business can enjoy and leverage a full-featured payment gateway suite of services.

Reddcoin can provide point-to-point, multi-party, or full-suite merchant, transaction and remittance services at a fraction of the cost of traditional PayPal or credit card transactions with lightning-fast completion and state-of-the-art security and cryptographic protection against counterfeiting, fraud and data manipulation. Reddcoin also offers participants in its network automatic interest-like “staking rewards” as well as zero-to-low-fee transaction costs, lowering the bar for entry for any business, webstore or individual looking to participate in the new era of fintech.

The new algorithm and staking rules built into PoSV v2 will activate once supermajority of 9000/10000 blocks has been reached, estimated within the next weeks. Once that point has been reached, all remaining older Reddcoin wallets will need to be upgraded in order to spend or stake. As noted in the project’s re-released 2019 Redd Paper, available on the website at (https://www.reddcoin.com/reddpaper), the new features of the PoSV v2 algorithm powering Reddcoin include such items as:

“Participation Incentivization”, which promises to multiply stake rewards up to 5x for all active users according to dynamic network staking participation variables; The “Reddcoin Restitution Fund”, aimed at replacing ReddHead community members lost or stolen funds; The “Reddcoin Charity Initiative/Food &Supply Bank”, offering more direct support to those in needs among and outside the community, and more.

These new features and programs overlay one of the fastest existing cryptocurrencies, zero-to-low-fee transactions, 60s block times, and ecofriendly all-platform staking options, offering a compelling value proposition along with the uniquely supportive and transformative Reddcoin “ReddHead” community.

Led by a dedicated team of open, transparent, and engaged volunteers, Reddcoin is always on the lookout for talent to help achieve the envisioned solutions and products. As one of the original cryptocurrencies, and an all-volunteer development team, Reddcoin is poised to launch through 2020 numerous tipping and content creator reward applications including the relaunch of ReddID, utilizing the unique properties of the RDD ecosystem to allow tipping and spendable rewards entirely free from restriction and censorship.

Learn more at https://www.medium.com/@techadeptor the main Reddcoin website.

Contact Email Address
info@reddcoin.com

Supporting Link
https://medium.com/@techadept


This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

The post Reddcoin (RDD) Nears PoSV v2 Activation, Clearing Way for Explosive Developments appeared first on Bitcoin News.

Source: Bitcoin News

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BitAmp – The Next New Open Source Wallet

BitAmp - The Next New Open Source WalletWith the recent rise of Bitcoin prices and the Bitcoin halvening, new entrants into the cryptocurrency field may wonder where they can self-custody their Bitcoin in the most secure way.

BitAmp’s Emphasis on Privacy and Security

The developers behind new entrant Bitamp’s Bitcoin wallet have created an easy-to-use client-side open-source Bitcoin wallet to fill this need. The Bitamp wallet allows users to send and receive Bitcoin from anywhere, on any device. The interface also allows users to create new Bitcoin wallets in an instant by writing down a 12 word seed. Users who have generated seed phrases on other platforms such as Electrum, Mycelium, Ledger, can access their Bitcoin anonymously and securely via the Bitamp site.

With Bitcoin’s open source roots, it comes as no surprise that Bitamp’s product was developed as a web based open-source wallet free for everyone. The Company’s developments are funded by donations and the product is released under an MIT license.

With the rise of consumer internet, users may fear that their user data may be exploited when interacting with consumer facing apps. However, Bitamp does not cut corners when it comes to anonymity and security. The company’s operations are performed locally in users’ browsers using javascript and users’ seeds and private keys are never transmitted, stored or saved, leaving users in full control of their Bitcoin.

BitAmp

BitAmp’s Content And Community Support

BitAmp not only contains a wallet interface, but has basic primers on various topics, introducing the novice user to topics such as “Buy Bitcoin”, “Spend Bitcoin”, “Bitcoin Mining”, “Crypto Exchanges”, “Hardware Wallets”, and “Block Explorers.”Although the company is open source, the team seeks to provide basic support to users who may face challenges in accessing the product. The company also will respond to community feedback and bug reports to inform future roadmap developments. For those users seeking a fresh, easy-to-use self custody Bitcoin wallet, Bitamp might be the perfect solution.

What do you think about Bitamp? Let us know in the comments section below.

The post BitAmp – The Next New Open Source Wallet appeared first on Bitcoin News.

Source: Bitcoin News

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BigONE Exchange Unveils Star Program

BigONE Exchange Unveils Star ProgramBigONE, one of the world’s safest cryptocurrency trading platforms, is excited to launch its new Star Program, a referral system that comes with a advanced backend platform that allows BigONE Star members to track the detail of every user they referred to BigONE, not to mention a decent trading fee rebate along with high commission that they can receive from their invitees.

“BigONE’s Star Program is a true bonus to every BigONE user. Compared with other exchanges that offer trading fee rebate and commission products only to well-endowed influencers or investors, Star Program caters to every contract trading enthusiast with features such as trading fee rebate and commission.” said Kevin Cheng, COO at BigONE Exchange. “So even if you are not a big Twitter influencer or famous Youtuber, you can still enjoy the trading fee rebate from your invited friend, not to mention the commission you get from your friends’ trading fee.”

The rule of the program is simple. To become a member of the Star Program, all he or she needs to do is to apply on BigONE’s website.

If the person is not a BigONE user yet, he or she needs to register on BigONE first, then the person can apply to become a member. The program is open to every BigONE user without any restriction.

The program features a multidimensional backend dashboard that allows its members to track every detail of the invitees in three separate tabs – Referral History, Commission History, and Rebate History, with details including Time, commission / commission rate, conversion rate, and etc. It also deploys Real-time Commission Settlement – all commissions are calculated and transferred to referrers’ account in real-time.

In the wake of personal information leaking and security breaches from many other well-known exchanges, Data transparency is something that very few exchanges have, but everyone covets. BigONE’s new product not only adds significant value to its users, be it retail traders or institutional investors, but also sets a standard in the industry that other exchanges can follow.

Learn more about Star program: https://bigone.zendesk.com/hc/en-us/articles/900000790763-BigONE-Launches-Star-Program
To become a Star member: https://www.bigonezh.com/star

BigONE’s website: Big.one
Twitter: https://twitter.com/BigONEexchange
Telegram: https://t.me/B1_EN
Linkedin: https://www.linkedin.com/company/bigone-exchange/
New User Registration: https://bigone.com/users/new?code=NVZCLXKE

*Please note – If you register through the link above, you will get a 30% discount on Perpetual Contract trading fees, and the discount will remain effective until June 30.


This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

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John McAfee Announces Privacy Coin – Airdrop Today

John McAfee Announces Privacy Coin – Airdrop Today2020 has been a turbulent year for the cryptocurrency market, but it has established the resilience of blockchain technology. Despite a single-day market plunge that battered the entire market valuation with a 50% drop, the following rapid uptick in Bitcoin price has led it to outperform the S&P500 index by a large margin.

To Receive GHOST, You Must Hold ESH Tokens

Such a milestone has made way for significant opportunity as crypto’s Store of Value narrative expands its appeal to a new market, and cryptocurrency headlines are already sparking with famous personalities seeking to learn more about the technology.

John McAfee has announced a new privacy coin called GHOST. However, the coin won’t be distributed through an initial coin offering, nor through an initial exchange offering. Given the poor performance of past token sales, as highlighted by the grim IEO stats, novel token distribution mechanisms are on the rise. Alternatives, like Dynamic Coin Offerings, designed by blockchain software developer and consultancy DAO Maker, are making waves for their proposal of a token sale where buyers are given downside protection.

McAfee has announced a new distribution, one that requires recipients to hold a particular ERC-20 token.

Switch

In 2019, John McAfee launched his own DEX. The McAfee DEX operates on the technology created by the Switch Ecosystem, which has a native token called ESH.

The Switch token consists of a Swap platform, the Switch decentralized exchange, and an upcoming gaming platform. The ESH token is used throughout the ecosystem.

25% of the token supply of GHOST will be distributed to ESH holders based on a snapshot due for May 24. ESH holders will receive 1 GHOST for every 1 ESH in their wallets. The recent news has led to a surge in ESH demand, driving up the token’s price. A surge in price (and volume) is attracting interest from exchanges across the space, with new listings in the coming pipeline.

The Relation Between Switch and McAfee

McAfee has been an advisor to Switch, primarily due to the shared principles of the two. McAfee has long backed privacy and fair distribution of wealth, traits he found in Switch.

Switch offers a true decentralized exchange, one without any centralized party to claim massive listing fees, demand users to pass KYC, or extort high fees. In fact, Switch even offers users to pay a one-time fee for a life-time to traders. As a long-standing supporter of privacy, McAfee, whose passion for the world’s data protection led him to build the world-renowned namesake antivirus technology, stands by Switch as the ecosystem shares his vision of privacy.

GHOST is a Materialization of McAfee’s Dreams

John McAfee has long sought to make privacy a global norm. In his fight to make this a reality, he has been a cryptocurrency evangelist to detach money from the state, initiate p2p value transfers, and, now, create a private means of transacting across the web.

His support of the Switch ecosystem allowed private trading of digital assets, but the use of cryptocurrencies extends well beyond trading and he now aims to bring to the masses a privacy-focused coin led by some of the top minds in the security space.

GHOST is created to allow holders to trade across the web without a trace. Monetary standards like payment cards are not only attached to identities, but also record transactional data to sell to advertisers. This is not only not private, but also a breach of people’s data, but the masses lack an alternative, with Bitcoin long being the only exception.

Bitcoin indeed limits the loss of privacy that would otherwise be the issue with payment cards. Even then, Bitcoin makes transaction hashes available to the web, and so do other major coins like ETH. Transacting with such coins can allow people to trace the transactional history of a wallet, and potentially even identity the person through IP tracking. McAfee aims to address this to reach the peak of web privacy, at least to the point of web transactions. And that is precisely what GHOST aims to do: private transactions across the web, without sacrificing ease of transacting.

People who share McAfee’s vision in valuing the sanctity of privacy and are upset with the consistent recession in user privacy across the growing web conglomerates have flocked to ESH to be the sole first recipients of GHOST during the May 25 airdrop.

What do you think about GHOST? Let us know in the comments section below.

The post John McAfee Announces Privacy Coin – Airdrop Today appeared first on Bitcoin News.

Source: Bitcoin News

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Hyperblock Bitcoin Mining Servers and Datacenter Infrastructure to Be Auctioned off in Public Sale

Hyperblock Bitcoin Mining Servers and Datacenter Infrastructure to Be Auctioned off in Public SaleThousands of mining servers and all the datacenter infrastructure needed to operate them will be auctioned off in an upcoming public sale of Hyperblock’s property. The company has announced on Thursday, May 14, 2020, that its 20MW Montana, USA datacenter went offline and that it has ceased all cryptocurrency mining operations.

Hyperblock Equipment Public Sale

The senior secured lenders to Hyperblock LLC, Project Spokane and Sean Walsh, will conduct a public sale of the company’s property on June 3, 2020 via conference call (see notice here for details). On auction will be all of Hyperblock’s servers with their PSUs, including: 791 Bitmain Antminer S17 servers, 359 Bitmain Antminer S17 Pro servers, 1493 Bitmain Antminer S17+ servers, 6641 Bitmain Antminer S9 servers, 726 Bitmain Antminer T17 servers, 162 Avalon921 servers and 161 GPU servers.

The auction will also include all of Hyperblock’s datacenter infrastructure, including: 423 Acme Engineering 36″ fans, 30 Grainger/ACME Engineering 42″ fans, 14 ACME Engineering 60″ fans, 8 2,500kVA indoor Switchgear lineups (aka indoor substations), 55 500kVA indoor transformers, 3 750kVA indoor transformers, 3,124 misc PDUs, 339 225A breaker panels, 6 400A breaker panels, 560 (8′ wide, 9′ tall) shelving racks, 6,374 new Delta 2400W PSUs, 374 used Delta 2400W PSUs and 1,420 brand new Delta 2400W PSUs with 10, 16″ PCIe cables soldered on. Additionally included are enough electrical cabling and computer network equipment to run 13,000 servers in about 120k square feet of space.

YouTube Video of Datacenter:

(Note: some of the statistics shown in this video are outdated)

Terms of the Auction

The lenders have the first priority security interest in the property. They may bid for it and credit bid against all or a portion of its secured claim. The property will be sold free and clear of the lenders’ liens and any subordinate security interests in the property. In order to participate in the auction process, each potential bidder must deliver an executed confidentiality agreement and current financial statements or other evidence of the ability to purchase the property.

A qualified bidder will be permitted to perform due diligence by contacting the counsel for the lenders (contact information below). At the Sale, the property will be sold at a public auction to the highest qualified bidder. Higher bids will continue to be entertained until the lenders have determined that they have received the best bid for the property in their sole discretion. The lenders reserve the right to reject all bids and terminate as they may deem proper.

The property will be sold as is, with all faults and without any warranties whatsoever, expressed or implied. No person shall be entitled to any expense reimbursement, brokerage fee, break up fee, “topping,” termination or similar fee or payout from the proceeds of the sale.

The public sale may be postponed. In such event, an announcement of the scheduled sale will be made at the currently proposed date and time of the sale. Check out the notice here for more details.

Hyperblock Bitcoin Mining Servers and Datacenter Infrastructure to Be Auctioned off in Public Sale

Attorney Contact Information:

Peter W. Ito
1550 Larimer Street, Suite 667
Denver, CO 80202
hyperblockassets@gmail.com
(720) 281-5294
Click here for more details.

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Source: Bitcoin News