KROIN, is the result of a new and innovative credit based economic and financial system. Kroin aims to be an alternative and democratic economic system to the traditional financial system. It's a system that creates and distributes a digital financial asset generated directly by users. Kroin developers designed it to be an open, verifiable, transparent and user friendly platform using the blockchain technology.
Monetas is building the world’s first decentralized system for financial and legal transactions. It is a powerful, open, standards-based platform that will enable digital finance entrepreneurs to build amazing new products and services. By introducing breakthrough technological innovations and dramatically lowering the cost of doing business, it will enable a whole new class of businesses. The startup mission is to empower people to live and do business with greater freedom than ever before, creating a world of unprecedented prosperity.
Justcoin, a Norwegian based digital currency exchange, has announced it was shutting down their operations. This announcement was made early today throughout social networks and Reddit, and the affected customers have been receiving an email reporting the same issue. At the exchange official Blog and twitter account you can read: “Justcoin is shutting down. Affected users, check your email.”
FinCen has issued two basic administrative rulings over digital currencies; The first one relates to the application of FinCEN regulations to a virtual currency trading platform, while the second discusses the application of FinCEN regulations to a virtual currency payment system.
What is DPOS? This week, Bitcoinist has published two excellent articles on the topic of DPOS, or delegated Proof of Stake. Both written by Alberto Mata, DPOS is a new feature that Bitshares is talking about, which they believe solves problems of both proof or work and proof of stake systems alike, adding another layer of security by countering the negative effects of trust centralization. One fact that is pointed out however is that it
The Bitcoin arbitrage service Bitcoin Trader and the very well known Moolah exchange and escrow service, have announced bankruptcy; both the CEO´s in charge of the companies are missing. Despite all the criticism, all this seems very similar to what many times happened in the traditional financial system:
Cryptocurrency is a world full of “firsts”. Bitcoin was the first coin, Litecoin was the first scrypt coin, Peercoin first established POS, Darkcoin was the first successful privacy centric coin, things like that. Today I’m here with Robert Murray, owner and founder of Umbrella Holdings. Umbrella plans on releasing cryptocurrencies which will help insure losses against Bitcoin and Litecoin right now, with potentially more in the future. What is Umbrella? Umbrella is an insured cryptocurrency
While Bitcoin briefly did break the magical $400 barrier a couple weeks ago, it has now receded to the $380-$390, experiencing a lot of sideways movement between the two. In an attempt to keep current however (graphs do not reflect this) the price of Bitcoin has fallen down to the $360-$370 range, just showing how the price of Bitcoin can change to a day to day basis. Bitcoins volume is slowly decreasing, and price is
BANX would be just an ordinary company if it were not for one thing: cryptocurrency. Mark Lyford (pictured below), whom I have known for quite a while now, has recently released BANX, a one stop shop for cryptocurrnecy related ventures. This includes everything from mining to gambling, all in an effort to make several steady streams of revenue to benefit the shareholders. Seen below is an excerpt also from BANXshares website, giving a little background information regarding
A new and much waited crypto currency project has opened the Initial Coin Offering (ICO) today. Breakout Coin is a cryptography-secured game token used at the heart of our revolutionary gaming platform. Breakout Coin will bring a positive change to an already booming online gaming industry. Breakout Coin is trying to reunite the online gaming industry and digital currencies.
As the title suggests, Bitcoin is now on what seems to be like a correction. From the rapid increase of the market bottom of $300 and consecutive increases to the peak of $410, Bitcoin seems to be on the decline yet again, and is currently sitting around $380.Volume has also came down again, so Bitcoin won’t be going anywhere soon. Some more sideways movement from Bitcoin for now. Ripple is still number two regarding market
A new and ambitious project is being developed, and it aims to bring an intersection between a variety of crypto currencies and their specific technology. Meet the the internet of blockchains, The Blocknet!
Since our last interview and the released of Shadowsend, Shadowcoin has been staying true to their development road map and has recovered amidst the argument between Shadowcoin and Stealthcoin. I’m here again with the Shadow team to talk about their new html5 wallet, along with what the future holds. 1. Since we lasted chatted, how have things been? Things have been great, thanks for asking! We’ve been really busy strengthening our core foundations to support
Last week, Philippine Congresswoman Kimi Cojuangco caused a buzz within the crypto community by proposing the country’s first digital currency, an altcoin entitled E-Peso or Electronic Peso. The E-Peso is the electronic equivalent of the paper peso. All rights, obligations, attributes and characteristics accruing to the paper peso shall also accrue to the E-Peso.
Ross Ulbricth Stands Trial! Most famously know for being the alleged mastermind behind the Silk Road, will be going to trial next month. To briefly summarize things, Ross defenses challenges to FBI’s acquisition of the server in the first place on top of other things have all been rejected so Ross is slated to stand trial on November 3rd, 2014 on 7 charges. For more information , read the article written by Alberto Mata here.
We take a look at NHZ’s audacious plans… About three weeks ago, I introduced one of my favorite new players in the asset exchange game, NHZ. Technically an NXT clone, I have been anxious to see what plans they had to differentiate themselves from the pack. Not having the potentially unfair distribution problems of NXT is all well and good but we’d like to see some innovation too, of course. That said the exceedingly robust
Foldingcoin is a new project developed by the Stanford University and it aims to bring a new kind of functionality to CPU and GPU mining. How about donating your processing power to scientific research in medicine!? Stanford University has developed a project for this same reason! Until now, you could donate your processing capacity to assist in scientific research without any kind of compensation whatsoever, but with the Foldingcoin Project this is about to change.
After Bitcoin hit the floor at $300, things have been looking upward. The main cause for this massive downward trend was a person sold 30,000 Bitcoins, all at the $300 mark. Once that massive sell wall was ridden of, the price of Bitcoin is going up now. Subsequently, most other coins are too. As you can see from the chart above, it only proves to further reinforce what has been previously stated. The downward trend
The world of Bitcoin and digital currencies has often been described by many critics as the “new Wild West”. In fact, this year we have seen a growing number of new scam coins being introduced, many of them designed by the same scammers. The crypto currency community is tired of all this fraud schemes and is starting to demand a lot more proof from coin Devs and the number of launches and scams has been slowing down ever since.
Last week I covered social media platform focused GEMS this week I’ll take a look at their closest competitors, Nxtty Cryptomessenger. While NXtty seems focused more on the encrypted messaging aspect of this type of platform both groups seem to be barreling down the same general development path. One difference of note is that while GEMS has the clear advantage in terms of it’s media rich website and overall presentation, Nxtty has a more practical
Bitcoin Ebay? A new Chinese commerce platform is rising that may become a Bitcoin Ebay. Known as Coin Cola, Coin Cola is a cryptocurrency trading platform based on multisig technology and is designed to keep buyers and sellers safe with this. Read the full article here. Bitnation: Decentralized Government It was eventually going to happen, someone or something making a government based on the blockchain. This “something” is known as Bitnation. Compared to traditional governments,
The “flash crash” of last week has come to a screeching halt. But not all the way it seems. If we look at the chart of Bitcoin from the last week, you can see price has fallen down to the upper $370 range to lower $380 range. From there we have had upward trends that have tried to break the $400 barrier, but none have been successful for too long. Besides that, Bitcoins market has
When the idea of decentralization and Bitcoin first came into play, the first main opposition was the government. I’m here with BitNation, a blockchain based cryptoequity that plans on providing services originally provided by the government in a decentralized fashion. 1. Can you tell me a little bit of what BitNation is? Bitnation is a new blockchain-based startup that will provide services traditionally thought to be the domain of governments. Traditionally, governments usually provide people