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Early EXIT

April 22, 2019 (updated April 22, 2019) Published by

It has been 69 days since I started playing and investing on Drugwars.

During all this time drugwars team have been changing almost weekly the rules of the game, I want to think that they have tried, at least with the first updates, to solve what was clearly in my opinion a Ponzi Scheme since the beginning. But not.

The last change for me is the last straw. You are not rewarded anymore with STEEM but with FUTURE token. Of course you can exchange them for STEEM in their internal market but what you get is very little for the effort you have to put by playing intensively a game that instead of fun it’s pretty boring honestly…

Even worst, if you try to buy FUTURE token you will see that 5000 FUTURE tokens costs almost 60 STEEM:

While if you want to “exchange” them by STEEM you get 3.223 STEEM

Also, if you do some simple math you will see that the reward pool has artificially changed dramatically.

Today’s prize is 68680 FUTURE Tokens, taking into account that you “can” get 1 STEEM per 1552 FUTURE tokens it means that the prize is 44 STEEM to be divided among all the players. And if you see the percentages in the above pic (4+2+2), it seems that it only corresponds to the 8% of the Daily total… The 92% or 509 STEEM is going directly and Daily to Drugwars…

I spent so much time playing on this game and believing that it would improve with the time but seems that what is happening is exactly the contrary.

They announced as well future developments and mini games as well but I don’t think they will manage to escape from the PONZI scheme system neither on them.

I am lucky because I get back all my investment in the first weeks of the game and I also got a good profit from that investment but, frankly, I tested the new rules of the games in an intensive manner yesterday and, as a conclusion, I don’t think is worth to “invest” more time on the game for the very little and unbalanced rewards you get.

However, I think it has been a good testing lab and good Repository of Lessons Learnt for future Gaming Dapps on top of the STEEM Blockchain, specially because DRUGWARS was not a Decentralized App. at all :-)…

I hope FUTURESHOCK will learn about their mistakes and finally deliver a product with a better plan and sustainable business model for everybody, not this one of course…

@toofasteddie

? Daily Crypto News, April, 22nd?

April 22, 2019 (updated April 22, 2019) Published by
  • Four Olympic Gold Medals Winner Tennis Player Serena Williams Invests in Coinbase;
  • Bitcoin SV’s Delisting Isn’t ‘Censorship.’ But It’s Still a Problem;
  • JPMorgan Expanding Blockchain Project With 220 Banks to Include Payments;
  • Current Bitcoin Misery Index Never Been Reported in Bear Market;
  • An Interview With Congressional Hopeful James Felton Keith;
  • ? Daily Crypto Calendar, April, 22nd?
  • STEEM Trading Update

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

? Four Olympic Gold Medals Winner Tennis Player Serena Williams Invests in Coinbase

World famous tennis player Serena Jameka Williams revealed in an Instagram post published on April 17 that in 2014, she launched her investment business Serena Ventures and silently invested in over 30 companies, including major cryptocurrency exchange Coinbase.


According to the official website of Serena Ventures, the market cap of the portfolio is over $12 billion, and the diversity of the founders of the companies in which the firm invested is 60%. The website further notes that the fund is focused on early stage companies, encourages collaboration among portfolio companies and expands partnership opportunities.


According to Wikipedia, Williams won four gold medals at the Olympics, and the Women’s Tennis Association ranked her world No. 1 in singles on eight separate occasions. Moreover, in August last year, business news outlet estimated her net worth to be about $180 million.

? Bitcoin SV’s Delisting Isn’t ‘Censorship.’ But It’s Still a Problem

Is cryptocurrency exchange Binance’s delisting of bitcoin SV a form of censorship?


And if so, doesn’t that make hypocrites out of all the Bitcoin Core supporters and Craig S. Wright haters who cheered the downgrading of the latter’s competing bitcoin project? Are they not applying a double standard by simultaneously arguing for immutable, “censorship-resistant” blockchains?


These are the questions bitcoin skeptics are putting to a cryptocurrency community they view as failing to comply with the Voltairean maxim that one should fight for someone’s right to say something regardless of whether you agree with it. (Yes, I know it wasn’t actually Voltaire who said that…)


Whether this “gotcha” is fair or not, it has given rise to a far more interesting crypto debate than the tiresome, yearlong squabble between Craig Wright-supporting BSV holders and Craig Wright-loathing BTC holders, the one that triggered the delisting in the first place. (Before Binance CEO Changpeng Zhao, known as CZ, made his decision, BTC supporters had pressured him to punish Wright for filing defamation lawsuits against Twitter accounts that had refuted the bitcoin SV founder’s claim to be Satoshi Nakamoto.)

? JPMorgan Expanding Blockchain Project With 220 Banks to Include Payments

Investment banking giant JPMorgan Chase is planning to expand an existing blockchain project to include settlement features as it seeks to fend off competition from payments upstarts such as TransferWise and Ripple.


The blockchain-based Interbank Information Network (IIN), set up in partnership with Australia’s ANZ bank and the Royal Bank of Canada back in 2017, currently allows its over 220 banking members to quickly address payments that contain errors or get held up for compliance reasons – problems that can takes weeks to solve with multiple banks being involved across the payments chain.


The Financial Times reported Sunday that John Hunter, head of global clearing at JPMorgan, said the IIN is fast developing and that the bank is “looking at the ability to do more at the point of settlement.”

?Current Bitcoin Misery Index Never Been Reported in Bear Market

Fundstrat Global Advisors founder Tom Lee pointed out that the value currently reported by his company’s bitcoin (BTC) sentiment indicator Bitcoin Misery Index (BMI) has never been seen in a bear market. Lee made his comments during an interview with Cointelegraph published on April 19.


During the interview, Lee noted that through 2018, the BMI has not been over 50, while it now recently touched a value of 89. According to Lee, values over 67 have never taken place in a bear market.

Lee concluded:
“It means that a bull market is likely starting.”

? An Interview With Congressional Hopeful James Felton Keith

James Felton Keith is the kind of guy who’s so clean-cut, it’s intimidating, from the sharply-pressed suit right down to the meticulously trimmed nails. He has delicate features, studied economics at Harvard, and is often known by his patrician initials: J.F.K.


But his origins, and frequently his demeanor, are a lot more hardscrabble than all that suggests. Keith, who is black, grew up in Detroit—we met there when he spoke at the RadicalxChange conference—before transitioning to New York. He considers the Big Apple home, and now he’s mounting a 2020 campaign to depose incumbent Adriano Espaillat in New York’s 13th Congressional District, which encompasses both Harlem and Washington Heights—a cultural spectrum Keith says he’s well-positioned to span.

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? Daily Crypto Calendar, April, 22nd?

“After 2 years of development, we are proud to announce that IoTeX Mainnet Alpha will be launched on April 22.”

“The Emblem Mobile Wallet is nearing completion and I expect to begin rolling it out to the community over the next 2 weeks.”

Binance will delist “Bitcoin SV” BCHSV on April 22, 2019.

“April 22nd, the biggest partner of Phantasma until now will be revealed”

“DATE CONFIRMED The first phase of #BiboxOrbit will launch on Apr 22.”

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STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

I have been a little bit too much optimist yesterday by enjoying the break of the resistance line at 0.43$. We had a little UP just after that break but the sellers came back powerfully and just destroy that line again within some hours. Everything has to be done again now… and we have even the risk to go test the support line in orange around 0.39$. Let’s see friends…

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Last Updates

Join this new Free To Play on the STEEM Platform !

If BINANCE asks we react…

April 21, 2019 (updated April 21, 2019) Published by

If there is one mandatory task that any good steemian should or must do regularly besides voting for witnesses is to promote STEEM every time the opportunity appears.

Our friends of BINANCE are asking which tokens we would like to see at their BINANCE Chain which, in case you don’t know yet, it is a custom blockchain that features a permissionless decentralized exchange (DEX). For your information, this new blockchain will become available to the public on April 23 and I am sure there will be some positive effects on the tokens listed there.

You can see the announcement in the following link from twitter:

I have already replied them obviously “voting” for STEEM and I think would be good if you do the same.

So, please, go there and reply telling $STEEM or #STEEM or whatever the tag used but always with STEEM !

Cheers,

@toofasteddie

Auditing My Witness: Let’s do our duty [v12], Removing @utopian-io adding @steempress

April 20, 2019 (updated April 20, 2019) Published by

Back at home after spending 3 days at the country. Now I am checking my witness votes. In order to do that I am using http://duplibot.com/ and I realized that @utopian-io has the signing key inactive since more than 8 days already. I went straight to their steem blog account and I saw this:

“Notice of witness suspension and additional changes“

It’s a pity because they are doing a great contribution for developers on the steem blockchain so, for me, it was a obligatory witness vote.

However, this is the good moment to add another exceptional contributor to the steem blockchain, so this time my permanent vote, if they keep doing greatly and signing steem blocks as usual, is for @steempress .

Honestly, I was waiting for getting a free slot for giving a vote to them. I think their work developing the wordpress plugin for the steem blockchain is extraordinary since it allows you to have better posting tools. Have a look here if you are interested about.

Below my current witness list:

@abit
@actifit
@arcange
@blockbrothers
@blocktrades
@cervantes
@cryptopassion
@curie
@dragosroua
@drakos
@emrebeyler
@fyrst-witness
@good-karma
@gtg
@holger80
@lukestokes.mhth
@mahdiyari
@partiko
@pharesim
@quochuy
@roelandp
@sc-steemit
@steemitboard
@steempeak
@steempress
@swisswitness
@themarkymark
@therealwolf
@yabapmatt


What about you? Which witnesses do you recommend to vote and why?

*Reminder: if you feel like not having time to do a proper analysis and still think that mine is fair , you can also choose me as your proxy that will vote for witnesses for you.

Just, keep using your witness votes doing an important work.

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Steem on!

Injecting a little realism // Lets not make crypto into a fantasy world.

April 20, 2019 (updated April 20, 2019) Published by
Image result for fantasy world

Im someone that considers himself a realist. And that is something that translates into crypto for me. The thing about being a realist in cryptocurrencies is that you many times are left on the sidelines of the discussions.
The crypto space is fueled by hype which leads to unrealistic expectations and extremely skewed views of the future.
Many people here are so subscribed to the extreme ideas brought on by the very strong libertarian community in crypto that they get completely lost in what is essentially a fantasy world of their own creation.
A colorful way to say it:

They are drinking the kool-aid.

This ofc happens in various degrees but it happens nonetheless.

Now you might think that im FUDing here or you can use some other way to describe my words but im really not. Im just trying to say, to the folks that might run across this post that i think that being realistic keeps you safe and should be a preferred path to take. I know that being realistic doesnt drive the price up, but on the other hand it does keep you safe when prices go down.

All the extremist ideas about the potential of decentralization, the ideas of beating the banks, of dissolving governments because of cryptocurrencies are for most part fairy tales that are extremely unlikely to happen.
The people that yell:

REVOLUTION!!!!

the loudest are the people you should be skeptical of the most.

Crypto will not cure cancer, take people to Mars, bring about world peace, eliminate all inequality in the world, stop racism….

Cryptocurrencies like STEEM or WLS are a tool for you to use to empower yourself and others. What they can do is offer you the opportunities you might not have had otherwise.
I hope every one of you manages to make most of them..

Just a few thoughts as always.
Ill see you guys around. 😉

I had a dream!

April 19, 2019 (updated April 19, 2019) Published by

I had a dream that STEEM went to the moon.

A dream that it went from 0.4$ to 44$ in 44 seconds!

That our pockets were so full that it rained on the poor.

That Ned could play all day and no one would mind it or care.

It was a beautiful dream, that was.

But it was only a dream and it only ever will be

….. unless the community comes together!

Hahaha. Im BSing you of course..
This is how you moon STEEM:

  1. You get someone that the community likes to create a sales pitch or at least spread it. You make the pitch easy to understand and easy to spread. (Something like the Steemit fact i shared yesterday)
  2. You sprinkle some drama on it (You point out how other blockchains dont compete and their hypemen are lying)
  3. You get a couple whales to do a call to action and vote those who provide proof of shill and spread those FACTS on twitter, reddit, whatever.
  4. You win…

? Daily Crypto News, April, 19th?

April 19, 2019 (updated April 19, 2019) Published by
  • Binance Chain Launches, Firm Expects to Execute Mainnet Swap on April 23;
  • Bitcoin Price Indicator Turns Bullish in First Since Early 2018;
  • Official Chinese Currency Renminbi to Become Cryptocurrency, Expert Says;
  • NYDFS: Why We Rejected Bittrex’s Application for a BitLicense;
  • US Presidential Candidate Andrew Yang Calls for Clear Crypto Regulations;
  • ? Daily Crypto Calendar, April, 19th?
  • STEEM Trading Update

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

? Binance Chain Launches, Firm Expects to Execute Mainnet Swap on April 23

Binance has launched its mainnet Binance Chain and expects to execute the swap of its native token Binance Coin (BNB) on April 23, according to an announcement on April 18.


The major crypto exchange first revealed its plans to launch its own blockchain in December 2018, intending to build a basis for issuing new cryptocurrencies and initial coin offering tokens.


According to the announcement, Binance is producing blocks with consensus from the genesis block as of today, with its native coin BNB planned to be issued in the genesis block.


Binance Chain Explorer and Web Wallet will be available to selected partners in beta testing mode and are expected to be opened to public access “around April 23, 2019,” the announcement notes.

? Bitcoin Price Indicator Turns Bullish in First Since Early 2018

Bitcoin’s two-week moving average convergence divergence (MACD) histogram has turned positive for the first time since early February 2018, signaling a longer-term bearish-to-bullish trend change.

While the MACD is a lagging indicator, the historical data indicates the previous bull market began following a positive crossover on the indicator.

In the short term, BTC’s hourly chart indicators have turned bearish, so a drop to $5,000 could be seen in the next day or two if crucial support below $5,200 is breached.

Prices may still rise to recent highs above $5,400 if the bulls can defend the that support level and drive price upwards.

? Official Chinese Currency Renminbi to Become Cryptocurrency, Expert Says

Donald Tapscott, executive chairman of the Blockchain Research Institute,  stated that the official Chinese currency, the renminbi (RMB), will become a cryptocurrency, in an interview with Bloomberg on April 17.
In the interview, Tapscott revealed that he had recently been at a meeting with the vice-chairman of the Communist Party in China, who recalled that President Xi Jinping thinks that blockchain is one of the most important technologies for the future of the country.


Speaking about the government’s ban on cryptocurrency exchanges, Tapscott outlined that China is considering to ban cryptocurrency mining as well, and added:


“It’s not really necessary to do that [to ban exchanges and mining] because in 20 years we are not going to be using bitcoin in China. Chinese people will use the RMB, only the RMB will become a cryptocurrency. The central bank of China will turn it into a digital currency.”

?NYDFS: Why We Rejected Bittrex’s Application for a BitLicense

Bittrex purportedly aims to get the facts straight about the denial of its license applications by the New York State Department of Financial Services (DFS) in recent statements to the media (including CoinDesk). But, the cryptocurrency exchange leaves out the context necessary to understand its failures to comply with DFS’s licensing requirements, it continues to misstate the facts and it presents a misleading picture about the denial.


First, Bittrex claims that DFS did not provide guidance to the company and that the company’s applications sat on DFS’s desk “for years.” These statements are untrue.


Bittrex either misunderstands or misrepresents the meaning of guidance from a regulator in the context of a license application. DFS’s guidance consists of informing an applicant of the regulatory requirements for a license and pointing out deficiencies that need to be addressed before a license is granted. The corrective work to address deficiencies remains the applicant’s responsibility.

? US Presidential Candidate Andrew Yang Calls for Clear Crypto Regulations

Andrew Yang, a United States Democratic presidential candidate for the 2020 elections, is advocating for clear regulations on digital assets. Yang put the key operative points in a policy published on his campaign website.


Yang — an entrepreneur who contributed $120,000 to establish Venture For America (VFA), an accelerator aimed at building new startups in emerging cities — is running for president in 2020. As part of his presidential campaign, Yang stands for the implementation of cryptocurrency and digital assets regulation in the country.


In the release, Yang outlines that the government has failed to develop and launch a national framework for regulating digital assets, while several federal agencies claim conflicting jurisdictions. Yang stresses the need to define how digital assets should be treated and regulated in order to ensure that investors proceed with all the relevant information.

Yang said:
“We should let investors, companies, and individuals know what the landscape and treatment will be moving forward to support innovation and development. The blockchain has vast potential.”

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? Daily Crypto Calendar, April, 19th?

Our testnet launch includes Wallet BETA (Desktop & MAC version) testing and DApps (Decentralized Application) testing.

DigiByte Global summit will be live streamed on https://vimeo.com/330997656 at 12 noon GMT.

Binance hosts NavCoin for an AMA event (in Spanish).

“Deposit & Withdrawal to start at 22:00 p.m. EDT on Apr 17th, 2019. Trading to start at 10:00 a.m. EDT on Apr 19th 2019.”

ANON performs coin burn, hard coded for block 48,500, on all shielded addresses.

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STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

Today, we tested the resistance line at 0.43$ several times but we havent been able to break it… So we are staying just under that line, waiting for the volume needed to break it or waiting for the sellers to take the advantage. Let’s see who will win in this battle but for sure we will need a Break Out to know the next direction.

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Last Updates

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Join SteemFollower and get Upvotes back !

? Daily Crypto News, April, 18th?

April 18, 2019 (updated April 18, 2019) Published by
  • Central Bank Digital Currencies Take Center Stage at IMF Spring Meetings ;
  • Auditor EY Unveils Nightfall, An Ambitious Bid to Bring Business to Ethereum;
  • Coinbase Expands Crypto-to-Crypto Services to 11 More Countries;
  • Japanese Regulators to Introduce New Rules Regarding Exchanges’ Cold Wallets;
  • Demand for Legal Experts With Blockchain Tech Knowledge is High, Report;
  • ? Daily Crypto Calendar, April, 18th?
  • STEEM Trading Update

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

? Central Bank Digital Currencies Take Center Stage at IMF Spring Meetings

Central bank digital currencies (CBDCs) featured prominently when global financial leaders met for this year’s World Bank Group and International Monetary Fund (IMF) joint Spring Meetings in the United States. Faced with emerging disruptive technologies like Bitcoin, their discussions also focused on how money and payments are taking on new forms throughout the world. There wasn’t any determined conclusion to the debates, but the IMF’s Christine Lagarde admitted that cryptocurrencies have shaken the established global financial order.


“People now find that digital payments and keeping their money in digital form is much more suitable to their needs. It means that within a couple of years, given current trends, Swedes will no longer have access to central bank money, because notes are the central bank money.”

? Auditor EY Unveils Nightfall, An Ambitious Bid to Bring Business to Ethereum

Big Four professional services firm EY is rolling out free software designed to help corporate clients use the ethereum blockchain – and it’s taken an unusual step to encourage adoption.


Announced Tuesday, EY’s protocol, internally code-named Nightfall, has been developed over the last year by the consulting firm’s team of over 200 blockchain developers and will be published in May. The protocol was created for such use cases as supply chains, food tracing, transactions between branches of a company and public finance.


Like other enterprise blockchain platforms, Nightfall takes advantage of a technology called zero-knowledge proofs to allow private transactions on a shared ledger. But unlike most such endeavors, EY’s software is intended to run on top of the public ethereum network, not a private variant.

? Coinbase Expands Crypto-to-Crypto Services to 11 More Countries

Major American cryptocurrency exchange and wallet provider Coinbase has expanded its crypto-to-crypto trading to more countries, according to a blog post published on April 17.


Coinbase and its professional trading platform Coinbase Pro have introduced crypto-to-crypto conversions and trading to 11 more countries in Latin America and Southeast Asia. The product is now also available to Argentina, Mexico, Peru, Colombia, Chile, India, Hong Kong, South Korea, Indonesia, the Philippines and New Zealand.


Coinbase customers in the aforementioned countries can now store, trade, send, and receive cryptocurrencies. The exchange suggests in the post that cryptocurrencies’ are moving from the current “investment phase” into the “utility phase” following a number of new use cases. Coinbase explains:

?Japanese Regulators to Introduce New Rules Regarding Exchanges’ Cold Wallets

Japan’s Financial Services Agency (FSA) will reportedly introduce new rules regarding cold wallets for storing cryptocurrencies at crypto exchanges, Reuters reported on April 17.


Citing a source familiar with the matter, Reuters reports that the country’s financial regulator will reportedly require cryptocurrency exchanges to strengthen internal supervision of cold wallets — devices for storing digital currency which are not connected to the Internet.


By implementing the new regulation, the FSA purportedly addresses the difficulties of ensuring the security of digital currencies and other risks for the country since it intends to boost the fintech industry to stimulate economic growth.

? Demand for Legal Experts With Blockchain Tech Knowledge is High, Report

Demand for legal experts with blockchain technology knowledge is high, according to Major, Lindsey & Africa managing director Brian Burlant, who recruits for law firms and in-house legal departments. The news was published by legal news and information site Law.com on April 17.


According to Burlant, law firms are having difficulty keeping up with cryptocurrency and blockchain industry demands for lawyers because of a lack of candidates who really understand the technology. Burlant said that a lot of lawyers enter the space from regulatory practices or government, where they were engaged specifically in practices related to cryptocurrencies.

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? Daily Crypto Calendar, April, 18th?

LTO meetup at Mindspace Shoreditch, London discussing the industry in general and sharing insights on getting blockchain intto the masses.

“Join Chainlink and Wanchain as we demo an integration of a chainlinked smart contract that utilizes Wanchain’s cross-chain capability.”

Decent.bet launches its P2P esports platform on the closed beta testnet at the 2019 VeChain Summit in San Francisco.

The COO and CEO of 20|30 join the CEO of LTO at a meetup in London from 18:30 – 21:30 (BST).

“Join us in #aeternity’s main #Telegram tomorrow, 6 PM CEST, to win some prizes in #AE tokens:”

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STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

At the time of writting this article, STEEM is on a little UP trend and we should test the resistance line at 0.43$ very soon now. If we are able to break that resistance line, it would be the first positive sign since days now for the STEEM. Let’s see what will happen in the coming hours. Crossed fingers !

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Last Updates

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You don’t want to miss a Crypto news?

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Posted from my blog with

Posted from my blog with SteemPress : https://scrips.io/blog/mr-cryptolemon/%f0%9f%97%9e-daily-crypto-news-april-17th%f0%9f%92%b0/

? Daily Crypto News, April, 17th?

April 17, 2019 (updated April 17, 2019) Published by
  • Following Community Poll, Kraken Delists Bitcoin SV;
  • EToro Blockchain Division Launches Crypto Exchange for Pro Traders, Issues 8 Stablecoins;
  • Craig Wright’s Fight With a Cartoon Bitcoin Astronaut Cat Explained;
  • Gate.io Raises $64 Million for Launch of New Exchange Cryptocurrency;
  • ? Daily Crypto Calendar, April, 17th?
  • STEEM Trading Update

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

? Following Community Poll, Kraken Delists Bitcoin SV

Major United States cryptocurrency exchange Kraken has decided to delist bitcoin (BTC) offshoot bitcoin SV (BSV), the firm announced on April 16.


In an official press release, Kraken said that BSV had “engaged in behavior completely antithetical to everything we at Kraken and the wider crypto community stands for.” As such, the exchange has decided to delist the currency, which was the result of a hard fork in the bitcoin cash (BTC) network last November.
1. Do I need to report my cryptocurrency trades to the IRS?

You need to report your cryptocurrency activity if you incurred a taxable event during the year. A taxable event is a specific scenario that triggers a tax liability. The below are a list of the taxable events as specified by the IRS 2014 guidance:

Trading cryptocurrency to fiat currency like the U.S. dollar is a taxable event.
Trading cryptocurrency to cryptocurrency is a taxable event (you have to calculate the fair market value in USD at the time of the trade).

Using cryptocurrency for goods and services is a taxable event (again, you have to calculate the fair market value in USD at the time of the trade; you may also end up owing sales tax).

? EToro Blockchain Division Launches Crypto Exchange for Pro Traders, Issues 8 Stablecoins

Is Coinbase going to solve the thorny challenges of proof-of-stake (PoS) blockchain governance or centralize those systems even further?


That’s the question experts in the space are pondering with the recent announcement that Coinbase Custody will offer staking support for Maker, Tezos and Cosmos. The move means institutional investors will be able to vote on blockchain governance matters directly through their Coinbase accounts.

? Gate.io Raises $64 Million for Launch of New Exchange Cryptocurrency

Crypto exchange Gate.io has raised $64 million worth of crypto assets in seven days for its own exchange cryptocurrency that won’t be launched on a blockchain for at least six months.


One of the oldest Chinese exchanges, Gate.io claimed on Monday that over the last week it was heavily oversubscribed with orders totaling $2.99 billion for the so-called Gate Points, which can be used for offsetting trading fees on the platform.


Moreover, each Gate Point further entitles a holder to receive 2.5 Gate Tokens (GT), the native cryptocurrency of Gatechain, the exchange’s yet-to-be-launched proprietary blockchain. Gate.io says it expects the network to go live in the fourth quarter.

?Craig Wright’s Fight With a Cartoon Bitcoin Astronaut Cat Explained

There’s a legal conflict brewing between outspoken members of the bitcoin community and the controversial computer scientist who claims to be the cryptocurrency’s creator.


It’s a complex story to untangle, but it boils down to Australian computer scientist Craig S. Wright – who has claimed to be bitcoin’s pseudonymous creator since 2016 – sending out legal letters to those community members that have called him a “fraud.”


While several news reports, as early as late 2015, identified Wright as Satoshi, and the lead maintainer of bitcoin at the time Gavin Andresen even lent his credence to the unmasking, security experts rebuked the claim, leaving many in the cryptocurrency community unconvinced. Yet, Wright has continued stating that he is Satoshi and those that believe that to be a false claim have continued to call Wright a liar.

? ConsenSys Is Seeking $200 Million in New Funding: Report

ConsenSys is seeking a funding boost.


Ethereum co-founder Joe Lubin’s Brooklyn-based venture studio is looking to raise $200 million from external investors, The Information reported Monday, at a valuation of $1 billion.


The Information reports that ConsenSys is pitching Chinese investors with materials claiming the company aims to earn $50 million in revenue this year, primarily from contracts with enterprise and government clients. Last December, the Brazilian National Social Development Bank confirmed to CoinDesk it was in talks with ConsenSys.


ConsenSys was previously supported by Lubin’s personal fortune and employed up to 1,200 people in 2018. When the price of ethereum plummeted after the 2017 token boom fizzled, ConsenSys laid off 13 percent of its staff. Following a late-2018 re-organization dubbed “ConsenSys 2.0,” it became clear that partnerships with traditional, external investors were a priority.

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? Daily Crypto Calendar, April, 17th?

Spend holds second AMA on Reddit with updates and announcements.

“Much will be revealed within seven days at our global main net launch — at the birthplace of Aergo at Seoul in South Korea; on April 17…”

Voice Calls in China

“We are pleased to announce that the HERB / KRW pairing will be held on 17 April starting at the @ProBit_Exchange Korean Exchange.”

“Join #Binance CFO @weizhouBinance & @BinanceLabs Partner @hiteck on April 17th at Paris Blockchain Week for a Binance meetup”

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STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

Due to the BTC little UP, the support line at 0.41$ corresponding to the previous low has been saved after some hours. We are now in the middle of 2 lines but I would like really see that we are able to go upper than the resistance line at 0.43$ to confirm any Up trend. Till that point, I will stay very cautious about the STEEM which is not moving nicely on each UP of the BTC but is dropping with exageration on each little correction on the BTC.

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Last Updates

Join this new Free To Play on the STEEM Platform !

? Daily Crypto News, April, 15th?

April 15, 2019 (updated April 15, 2019) Published by
  • The Bigger Picture Behind Bitcoin’s Latest Price Rebound ;
  • Indian IT Giant Tech Mahindra to Use Samsung’s Nexledger Blockchain: Local Media ;
  • Cryptocurrency Price Trends Could Signal End of Bear Market, Says Binance Research ;
  • Bloomberg: SEC Required Two ETF Funds to Take Blockchain Off Their Tickers ;
  • IMF and World Bank Launch Quasi-Cryptocurrency in Exploration of Blockchain Tech ;
  • ? Daily Crypto Calendar, April, 15th?
  • STEEM Trading Update

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

?The Bigger Picture Behind Bitcoin’s Latest Price Rebound

What matters is that 10 years after an unidentified software engineer created it, this decentralized system for recording sequences of transactions continues to do its job, block after block, with no authority in charge, no user able to alter past transactions, and no person or entity able to shut it down.

The more this goes on, the more it reinforces the powerful vision behind bitcoin: a peer-to-peer, disintermediated system for exchanging value around the world. And in that context, we can also think of bitcoin the cryptocurrency – differentiated from bitcoin the system – as a unique, provably scare digital asset that expresses the overall value in that vast potential.

Bitcoin is valuable because it exists

A point that’s lost on critics like Novak is that the longer bitcoin simply survives – in the face of the $90 billion valuation that stands as a de facto bounty for hackers to try to take it down, compromise its security or corrupt it – the more its overall value is confirmed.

Bitcoin is progressively proving itself to be an unstoppable, digital system of global exchange, one that functions outside of the traditional national government-mandated system of currency and banking. That status is what gives bitcoin its value.

Of course, the global impact of the bitcoin value exchange system, and therefore its worth to humanity, will be significantly enhanced if adoption advances to a much wider scale and it is used frequently in the world’s transactions. And, yes, a great deal of development work is still needed if it is to ever reach that point.

? Indian IT Giant Tech Mahindra to Use Samsung’s Nexledger Blockchain: Local Media

Samsung SDS has reportedly agreed to cooperate with Indian IT giant Tech Mahindra in an attempt to enter the overseas blockchain market, The Korea Times writes Sunday, April 14.


SDS, the systems integration arm of Korean tech behemoth Samsung, allegedly plans to expand the use of its Nexledger blockchain platform in India, the United States and Europe.


As per the agreement, the two companies will reportedly seek more business opportunities in the region. Moreover, Samsung SDS will cooperate with Tech Mahindra on further Nexledger updates.

?Cryptocurrency Price Trends Could Signal End of Bear Market, Says Binance Research

Bitcoin (BTC) prices and altcoin prices could have already hit their lowest point, new analysis from cryptocurrency exchange Binance concluded on April 11.


In the latest edition of its research bulletins, the exchange’s dedicated analytics arm, Binance Research, investigated various current phenomena and trends within cryptocurrency markets.


Among them was correlation between Bitcoin and altcoin prices, data from 2014-2019 confirming that the 90 days to mid-March represented the longest period of high correlation in market history.

?Bloomberg: SEC Required Two ETF Funds to Take Blockchain Off Their Tickers

The United States Securities and Exchange Commission (SEC) reportedly required two funds to eliminate the word “blockchain” from their monikers, Bloomberg writes April 12, citing sources familiar with the matter.


The exchange-traded funds (ETFs) of both Amplify and Reality Shares reportedly mentioned blockchain in early filings. Per Bloomberg’s unarmed interlocutors, the two funds were encouraged to change their names at the last minute in 2018.


Despite eliminating the word “blockchain,” the funds’ tickers still refer to the technology. Ampilfy’s funds are traded as BLOK, while the product is described as “transformational data sharing ETF.” Reality Shares are using the title BLCN, depicting its product as “Nasdaq NexGen economy ETF.”

? IMF and World Bank Launch Quasi-Cryptocurrency in Exploration of Blockchain Tech

The International Monetary Fund (IMF) and the World Bank have jointly launched a private blockchain and a so-dubbed quasi-cryptocurrency, the Financial Times (FT) reports on April 12.


According to the newspaper, the asset called “Learning Coin” will be accessible only within the IMF and World Bank. The coin has no money value and thus is not a real cryptocurrency, the FT underlines.


As the FT has learned, “Learning Coin” was launched in order to better understand the technologies that underlie crypto assets. Its app will serve as a hub where blogs, research, videos and presentations are stored.

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? Daily Crypto Calendar, April, 15th?

“Public launch of Mainframe OS is early April.”

“We are ready to @Coinbase NJ. Our beta test starts in 3 weeks.”

The reward program for PSN 1.0 will end with the final reward block height of 328,000. All ERC20 FSN and P-FSN will be allocated on April 15…

“… The public Mainnet launch is expected during the week of April 15 (final date coming soon)!”

“… At 10:00 AM ET (2:00 PM GMT/UTC) Partners and Platinum Partners will have an exclusive opportunity to buy additional EFIN coins.”

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STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

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Here is the current chart :

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We are currently sitting exactly on the support line at 0.43$ and we are in waiting mode I think, waiting to see in which direction the BTC will go. Let’s hope it will be a UP Break Out but no one can be sure of the direction. Let’s see what the market will decide and follow the trend, it is always the safest choice.

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