Their Archives | Digital Money Times

Bank Of America Show That Bitcoin Transfers Are 6000 x Cheaper Than Their Own

September 21, 2018 By Mark Lyford Leave a Comment

The Bank of America have released data that shows how Bitcoin transfers equate to around 6000 times cheaper than the traditional transfer of FIAT currencies at the banks own standard rates. Many do argue that Bitcoin transactions carry a ridiculous expense, however with these findings in mind, Bitcoin is still proving to be a far superior alternative to FIAT currencies.

The findings from the Bank of America show that an international transfer in US Dollars costs on average $ 45.00 per transaction, compared to just $ 0.46 for the same transaction made in Bitcoin. Read more...

This is a preview of Bank Of America Show That Bitcoin Transfers Are 6000 x Cheaper Than Their Own. Click Here To Read the full post

Deloitte Are Developing A System To Allow Users To Profit From Their Personal Data

September 19, 2018 By Mark Lyford Leave a Comment

Professional services firm Deloitte have announced a new partnership with Jupiter Chain, a partnership that is set to see the development and roll out of a new blockchain based data exchange in Southeast Asia. The system is to be designed to allow users in the area to monetise and profit from their own personal data – a solution to many personal data woes that exist in contemporary society.

The partnership will see both Jupiter Chain and Deloitte working within their own areas of expertise to come together to produce a product that can be used by many different types of person and organization. Read more...

This is a preview of Deloitte Are Developing A System To Allow Users To Profit From Their Personal Data. Click Here To Read the full post

CryptoFights Announces Pre-Sale & Pending Launch of Their Blockchain Based Next Generation Gaming Platform – Sets New Paradigm in The World of Gaming

September 17, 2018 By Mark Lyford Leave a Comment

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned

The post CryptoFights Announces Pre-Sale & Pending Launch of Their Blockchain Based Next Generation Gaming Platform – Sets New Paradigm in The World of Gaming appeared first on CCN

CCN

Permanent link to this post (86 words, estimated 21 secs reading time)

Vee.tech, Led by Sunny King – the Creator of POS, Released Technology Details of Their New Consensus Spos

September 14, 2018 By Mark Lyford Leave a Comment

The post Vee.tech, Led by Sunny King – the Creator of POS, Released Technology Details of Their New Consensus Spos appeared first on CCN

CCN

Permanent link to this post (81 words, estimated 19 secs reading time)

Ethereum (ETH) Drops Another 5% as Projects Dump Their ICO Funding

September 11, 2018 By Mark Lyford Leave a Comment

The price of Ethereum (ETH) has significantly underperformed the overall crypto market over the past few weeks and this trend shows no sign of slowing as ETH is currently down another 5% over the past 24 hours. Since the beginning of September, Ethereum has dropped more than 60% and currently trades at $ 181.17. This is […]
SludgeFeed

Permanent link to this post (59 words, estimated 14 secs reading time)

ICOs Aren’t Cashing Out Their Cryptocurrency Warchests [Yet]: Research

September 11, 2018 By Mark Lyford Leave a Comment

When the ethereum price crashed by nearly 50 percent during the first two weeks of August, some analysts speculated that last year’s initial coin offering (ICO) boom was to blame for the second-largest cryptocurrency’s decline. During 2017 and early 2018, cryptocurrency startups raised billions of dollars through ICOs, funds which were predominantly denominated in ether

The post ICOs Aren’t Cashing Out Their Cryptocurrency Warchests [Yet]: Research appeared first on CCN

CCN

Permanent link to this post (72 words, estimated 17 secs reading time)

Tencent Will Soon Require Chinese Gamers to Use Their Real Names

September 9, 2018 By Mark Lyford Leave a Comment

Tencent (TCEHY) will reportedly require players to use their real names when logging into Honour of Kings beginning on September 15. The company, which stands as China’s largest gaming publisher, has recently been at the forefront of a controversial measure to restrict games as China’s gaming addiction worsens. As of late, the Chinese government has begun […]
SludgeFeed

Permanent link to this post (58 words, estimated 14 secs reading time)

If Telegram Share Their Encryption Keys, Their App Will Be Available In Russia Once Again

August 29, 2018 By Mark Lyford Leave a Comment

Telegram, the ICO led social messaging app is current banned in Russia, although according to reports, this ban could soon be overturned if the company agree to share their encryption keys with law enforcement authorities in Russia. This comes as the Federal Security Service (FSB) have decided that they need to access encrypted messages in order to combat terrorism, though we can question if Telegram really is the arena of choice for terrorist communications.

According to CCN:

“Russia’s telecommunications watchdog said that it will consider reversing the ban on messaging service Telegram if the company submits to a court order requiring it to share its encryption keys with federal law enforcement. Read more...

This is a preview of If Telegram Share Their Encryption Keys, Their App Will Be Available In Russia Once Again. Click Here To Read the full post

Alibabacoin Foundation Announces the Launch of Their Wallet

August 18, 2018 By Mark Lyford Leave a Comment

The post Alibabacoin Foundation Announces the Launch of Their Wallet appeared first on CCN

CCN

Permanent link to this post (71 words, estimated 17 secs reading time)

Here’s Why Genesis Mining Might Have Just Booted You Off Their Platform

August 17, 2018 By Mark Lyford Leave a Comment

Genesis Mining is a popular cloud based Bitcoin mining platform that lets users mine for Bitcoin. Each user is placed on a contract, through which they are allocated provisions in order to be able to mine through the platform, differing platforms offer differing rewards but of course, the bigger the reward the more expensive the contract, therefore, Genesis Mining have had to make some cut backs in order to ensure that those on the big contracts still have access to the service, as a result of the collapsing value of Bitcoin. Read more...

This is a preview of Here’s Why Genesis Mining Might Have Just Booted You Off Their Platform. Click Here To Read the full post

‘Money to Burn’: Why Do Companies Burn Their Tokens?

August 16, 2018 By Mark Lyford Leave a Comment

Binance Coin Burn Inbound - Here's When It Will Happen

A token burn is the destruction of a certain amount of tokens (or coins) in order to reduce their number in circulation. This method is successfully applied by crypto projects, traditional businesses, and even global corporations (for their shares).

This spring, for example, Apple launched a $ 100 billion share buyback plan (with subsequent burning) and raised its dividend share by 16 percent, despite expectations of a slowdown. Alex Fork, one of the founders of the Humaniq financial platform, shares his ideas about the implementation of the token burn procedure on the crypto market. Read more...

This is a preview of ‘Money to Burn’: Why Do Companies Burn Their Tokens?. Click Here To Read the full post

Are Facebook Looking To Build Their Own Cryptocurrency Exchange?

August 16, 2018 By Mark Lyford Leave a Comment

Facebook, without a doubt the worlds biggest social network. Rife with controversy, uncertainty and questionable compulsiveness, there’s a chance that you probably just switched Facebook off to come and read this article. Hey, you might even have seen the article shared on Facebook.

What we are trying to put across here, is the sheer size of Facebook as a social network and as a site of cultural phenomenon. Facebook have an international reach with more than 2.2 billion users and a net income of $ 15.943 billion in 2017. Read more...

This is a preview of Are Facebook Looking To Build Their Own Cryptocurrency Exchange?. Click Here To Read the full post

Gamblers in India Could Soon Place Their Bets in Crypto

July 26, 2018 By Mark Lyford Leave a Comment

As cryptocurrency exchanges eagerly await the RBI ban ruling, a government agency has proposed using virtual currencies as payment for legalized gambling services in India.

What a great week for Bitcoin! It broke through the $ 8,000 barrier and is taking the lion’s share of market dominance. Now, according to Quartz India, there’s another reason to celebrate – cryptocurrencies could soon be seen as a viable medium of exchange in the country! Well, in the gambling industry at least. Read more...

This is a preview of Gamblers in India Could Soon Place Their Bets in Crypto. Click Here To Read the full post

Big-Name Insurers Stepping Up Their Crypto Game

July 21, 2018 By Mark Lyford Leave a Comment

A growing number of big-name insurers are getting into the crypto space. They are exploring new product options in this area and meeting with cryptocurrency custodians and trading platforms about coverage. However, exclusions can add up fast for crypto businesses and premiums can be more than five times that of a normal business.

Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space

Large Insurers Getting into Crypto

While most big-name insurers are reluctant to provide coverage to crypto startups, some are slowly coming around and quietly entering the space. Two leading insurance brokers that help companies shop for crypto policies, Marsh & Mclennan and Aon, were quoted by Bloomberg on Thursday: Read more...

This is a preview of Big-Name Insurers Stepping Up Their Crypto Game. Click Here To Read the full post

Japan’s Module Platform Offers Users the Chance to Earn Cryptocurrency with Their Gadgets

July 5, 2018 By Mark Lyford Leave a Comment

The company has already collected more than $ 2 million through a private sale of its coins. This is not surprising, as this platform has the potential to turn the cryptocurrency market on its head in several different ways: secure mining, storage of a large amount of data using gadgets around the world, and financing of blockchain through the creation and development of decentralized applications (DApps).

As more and more people get interested in blockchain and become familiar with this technology, the need on the market for projects that offer users simple funding solutions is gradually growing. Module was devised specifically to help people launch their businesses on blockchain using its convenient platform for creating decentralized applications (DApps), its high-speed and inexpensive set of solutions, and its honest and understandable mining. Read more...

This is a preview of Japan’s Module Platform Offers Users the Chance to Earn Cryptocurrency with Their Gadgets. Click Here To Read the full post

10% of Millennials Are Selling Crypto to Afford Their First Home: $2B Real Estate Firm

July 4, 2018 By Mark Lyford Leave a Comment

According to Redfin, a multi-billion dollar real estate company listed on Nasdaq, 10 percent of millennials have sold their crypto holdings to afford their first home.

Breakdown of Millennials’ Investment Strategies

In March of this year, Redfin surveyed 2,000 US residents to understand the perspectives and concerns of both millennials and full-time employees in their late 30s in entering the real estate market and acquiring their first primary residence.

The survey revealed that 69 percent of millennials and young adults saved paychecks issued by their employers in order to acquire their first residence or obtain a mortgage to pay off their real estate. The other 31 percent of millennials used unique strategies to afford a home for themselves. Read more...

This is a preview of 10% of Millennials Are Selling Crypto to Afford Their First Home: $2B Real Estate Firm. Click Here To Read the full post

Bitcoin Core Fees Fall to Their Lowest in Years

May 28, 2018 By Mark Lyford Leave a Comment

Fees on the bitcoin core network have reached their lowest in seven years, with the median cost of sending BTC currently standing at $ 0.11. While there are several reasons why BTC fees are low, one of them is obvious: less people are using the network. The number of daily transactions has dropped sharply since last year, and has declined further in the past month.

Also read: Blockchain Projects Live a Little Over a Year on Average, China Claims Read more...

This is a preview of Bitcoin Core Fees Fall to Their Lowest in Years. Click Here To Read the full post

The Dreaded GDPR Is Here: Non-Compliant Companies Had Better Get Their Checkbooks Ready

May 26, 2018 By Mark Lyford Leave a Comment

It’s rather like the effects of smoking, or slouching, or eating too much sugar. You know you shouldn’t do it. You know it’s bad for you. But there are so many other things that can kill you first, right? When you spend so much time chasing customers and crafting marketing campaigns to attract and retain them, what’s a little laxity with your data policy going to cost? Quite a lot, actually.

The GDPR (General Data Protection Regulation) is that deadly threat that most companies know about but somehow always seemed so far away. But today’s the day, and companies that do any kind of business with EU citizens had better get compliant – or get their checkbooks ready. Read more...

This is a preview of The Dreaded GDPR Is Here: Non-Compliant Companies Had Better Get Their Checkbooks Ready. Click Here To Read the full post

Nocoiner Financial Advisers Are Failing Their Clients

May 18, 2018 By Mark Lyford Leave a Comment

With institutional investment being something of a major theme in the blockchain space these days, financial advisors better start studying up on cryptocurrencies and their underlying technology – and fast – lest they risk losing their clients.

‘It’s Really Here to Stay’

JP Morgan chairman Jamie Dimon once called Bitcoin a “fraud,” and Vanguard CEO Tim Buckley once told CNBC, “You will never see a fund from Vanguard on bitcoin.”

Their loss.

Despite a slew of negativity from high-profile individuals in the world of investment banking, Bitcoin and other cryptocurrencies are an increasingly more viable alternative to traditional investments that should be a part of any serious investor’s portfolio — as evidenced by the number of traditional bankers jumping ship for cryptocurrency-related investment vehicles. Read more...

This is a preview of Nocoiner Financial Advisers Are Failing Their Clients. Click Here To Read the full post

Silicon Valley Philanthropists Dig Deep into their Crypto Wallets during Fundraising Event

May 9, 2018 By Mark Lyford Leave a Comment

In a time when we’re bombarded with the supposed evils of Bitcoin (right, Mr. Baby Brains Munger?) on a seemingly daily basis, it’s refreshing to see crypto take the spotlight for a worthy cause.

According to Bloomberg, this is exactly what happened at a San Francisco fundraising gala held on the 3rd of May. The event was held to raise money to combat poverty in the Bay Area and was planned by the Tipping Point Community non-profit organization (NPO).

Raising more than $ 14 million is definitely worth celebrating, as is the fact that this is the first time that the NPO allowed pledge drive donations to be made in cryptocurrencies. Contributors were able to donate using Bitcoin, Ethereum, or Ripple. Read more...

This is a preview of Silicon Valley Philanthropists Dig Deep into their Crypto Wallets during Fundraising Event. Click Here To Read the full post