Atomic swaps have become pretty popular over the past few weeks. The Litecoin and Decred developers made major progress in this regard, and it seems Altcoin Exchange is on the right track as well. According to the latter’s Twitter account, an atomic swap between Ethereum and Bitcoin has been completed successfully. That is a pretty interesting development, considering atomic swaps will remove the need for centralized exchanges altogether. A Bitcoin-Ethereum Atomic Swap It is pretty interesting to see how different developers and coders tackle the challenge of cross-chain atomic swaps. Not too long ago, we touched upon the recent exchange of Litecoin for
Illustrative: Dark forces on the web via Shutterstock Last month prominent Israeli journalist Raviv Drucker published an article in the Hebrew edition of Haaretz titled “ Netanyahu’s Army,” which claimed that the prime minister’s Likud party pays sockpuppets (people using false online identities) and trolls to plant fake comments online praising Likud members and denigrating […]
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Nvidia’s participation in the cryptocurrency industry is paying big dividends. In effect, fueled by Bitcoin’s impressive surge, Nvidia stock price continues to soar. Bitcoin and Other Cryptocurrencies Are Here to Stay On October 10, 2017, Nvidia’s stock value reached an all-time high: $192.92 USD per share. In parallel, Bitcoin’s value soared to $4,800 USD per coin. This bullish drive demonstrates that Nvidia continues to profit from producing devices used in cryptocurrency mining, artificial intelligence, driverless<br />Read More<br />The post Bitcoin Boom is Fueling Nvidia’s Stock Price to All-Time Highs appeared first on Bitcoinist.com.
Cryptonetix will be the premier blockchain assets management, analytics, funding and resource platform for the Cryptocurrency markets built on the ETHEREUM Platform. Note This is a press release. San Jose, Costa Rica, September 30, 2017, Cryptonetix.co…
<br /><br /><br /><br /><br /><br /><br /><br /><br />Buying, selling and trading gold is about to become easier, safer<br />and more efficient than ever thanks to GoldMint’s innovative new<br />blockchain models.Gold has a long history with investors as a revered store of<br />value. As an asset, it provides a reputable alternative amid the instability of<br />fiat money and can serve as a safe haven during a global financial crisis. More<br />recently, gold has served as a viable hedge for the growing markets of<br />cryptocurrencies and their tendency toward hyper-volatility.GoldMint aims to make a mark in today’s evolving markets by<br />backing its virtual token, GOLD, with actual gold from prevailing precious<br />metals ecosystems. The company’s goal is to drive the future of gold markets<br />using an automated vending machine model — one where individuals can purchase,<br />sell and trade gold with ease and efficiency using the GOLD crypto asset.The company aims to make its native GOLD tokens the unit of trade<br />for these transactions, exchangeable for real gold via a process that verifies<br />the quality of the metal traded by small sellers using the blockchain. Because<br />of the importance of ensuring that gold on exchanges be of a certain quality,<br />GoldMint has rated its crypto assets against the London Bullion market (LBMA).<br />In other words, one GOLD crypto asset equates to one ounce of gold on the LBMA,<br />which is rated 999 in purity. Therefore, any gold that becomes a part<br />of GoldMint’s ecosystem must possess that pure or derived level of gold<br />content from weight.Of practical significance is the company’s<br />comprehensive peer-to-peer (P2P) solution that allows businesses such as<br />pawnshops to raise credit. Moreover, GoldMint seeks to deliver on a feature called “vending<br />gold,” introducing something it calls the “Custody Bot.”When asked about the roadmap ahead, founder and CEO Dmitry Pluschevsky had this to say:“We plan to build a global P2P system of crediting secured by gold<br />so that some people would be able to help others regardless of politics and<br />without risk for both sides.”Custody Bot and the Future of Gold VendingGold vending reflects a new approach to an old concept: The Custody Bot buys gold and then a person can purchase the GOLD crypto asset, which is equivalent to a given amount of physical gold. Custody Bot is the solution<br />that GoldMint utilizes to ensure that the collateral offered by a business such<br />as a pawnshop can be audited and verified. It provides a means of offering a<br />temporary hold, purity inspection and long-term storage vessel of physical gold<br />on the GoldMint blockchain. Once the Custody Bot has completed the assessment<br />process for the gold, it can be safely stored until it is retrieved via a<br />special code unique to each item stored. This process not only affords a higher<br />level of verifiability, but facilitates the trustworthy delivery of information<br />to the blockchain.Using this innovative approach, lenders profit when the owner<br />reclaims the stored gold in Custody Bot, or in the case of an unclaimed pledge,<br />when it is sold off by the pawnshop. GoldMint thus serves as a valuable tool<br />for investors seeking to add gold to the blockchain for speed and security,<br />with the added benefit that they can independently verify the purity of their<br />gold.“One of the next generations of Custody Bot will operate in<br />retail, on the street,” said Pluschevsky. “A<br />new generation of pawnshops in the form of vending machines will appear at each<br />gas station. And the next step will be the home Custody Bot, which will allow<br />you to evaluate the gold items while storing them at home.GoldMint Crowdsale Ongoing NowGoldMint’s crowdsale, which commenced<br />on September 20, allows participants the opportunity to purchase MNTP token. This token will eventually migrate over to the blockchain under<br />the name MNT, and will be used to verify the GOLD transactions on GoldMint’s<br />blockchain.Note: Trading and investing in digital assets is<br />speculative. Based on the shifting business and regulatory environment of such<br />a new industry, this content should not be considered investment or legal<br />advice.<br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br />The post GoldMint Brings the Blockchain to Global Gold Markets appeared first on Bitcoin Magazine.
Robert Ophle, the new head of Frances stock market regulatory agency, the AMF, presented his goals, which focus on Bitcoin, initial coin offerings ICOs regulation, and making Paris more attractive for financial investors leaving London as a consequence…
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Just 1 day is left until the end of LAT Token Sale &8211 one of the biggest ICOs of this autumn. LAToken has already raised $18,5 million from 11,000 contributors, becoming 1 among tokenization platforms. Note This is a press release. Bringing Real Assets onto Blockchain Almost two months ago, LAToken tokenized Apple shares, making hard assets tradable in cryptocurrency for the first time in history. That day was the starting point for bringing assetsnRead MorenThe post Last Day of LAT Token