GildCoin - Crypto News

2021-03-11 12:01:26 AMA Announcement

Bitcoin Industry will host an AMA Session with Time Coin Protocol and CEO Masato Karamu in Bitcoin Industy + TIME COIN chat community.

START 12PM UTC 11.03.2021
Reward 100 USDT

Prepare your best questions and be ready to participate in time, see you soon.

Please make sure to follow Telegram group @TimeCoinProtocol in order to receive AMA reward.

Website - https://timecoinprotocol.com/sake Open / Comment

2021-03-09 20:00:27 Breaking: Seychelles FSA Issues Caution Notice Against Huobi Crypto Exchange; Denies Claims of Operations in the State

The Financial Service Authority of Seychelles issued a regulatory warning against Huobi Global Limited, the largest crypto exchange originating from China for allegedly claiming to be functioning under the International Business Company (“IBC”) FSA act 2013. FSA clarified that it had not issued any such operating license to the crypto exchange and never regulated the platform.

The FSA also issued a warning to investors to be wary of making any investment in the crypto platform as it could lead to fraudulent activities given the platform does not fall under the jurisdiction of the regulatory body.

Huobi Claims Similar to Binance?

The regulatory warning against Huobi Global is quite similar to Malta issuing a similar warning against Binance in 2020 where the exchange had claimed throughout its operation to be headquartered in Malta which eventually turned out to be false. The news came as a surprise back then, since Binance is one of the top crypto exchanges with revenue growing into billions. The exchange back then tried downplaying the incident claiming to be a decentralized organization with no physical headquarter.

Huobi is yet to make any official statement on the warning raised against them, however, it won’t be a big surprise if they play it down too.


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2021-03-09 16:01:30 ​​LPN TOKEN is a multi-utility decentralized digital currency based on ERC20 protocol of Ethereum Blockchain.

The ICO (Initial Coin Offering) LPN TOKEN starred on 15th December, 2020 and ended on 29th December, 2020. The ICO was listed on reputed platforms like Coincodex and CoinCheckup.
Given below are the links to LPNTs ICO details on Coincodex and CoinCheckup :
https://coincodex.com/crypto/luxurious-pro-network-token/
https://ico.coincheckup.com/luxurious-pro-network-token/
This financial revolution is already making its presence felt in the domain of decentralized finance effectively.
The credit goes to its unique and powerful attributes. The list includes but is not limited to the following only:
A Decentralized Cryptocurrency Payment Gateway:
• A Decentralized Cryptocurrency Wallet.
• A Decentralized Cryptocurrency Vault.
• A Decentralized Cryptocurrency – LPN TOKEN.
• Forex Trading With LPN TOKEN.
Coming to the point, one of these attributes is likely to hit the market by the end of next week of March 2021. The objective is to help users trade in forex using LPN TOKEN. All registered users are being offered 200% leverage by the group for cryptocurrency trading, the centralized and decentralized way, forex.
Visit our official website or talk to the support staff any time via an email at [email protected] for complete details about it. Open / Comment

2021-03-06 14:01:06 NFT Google Search Volume Exceeds DeFi and Ethereum (ETH) As Celebrities Join the Craze

Non-fungible tokens popular as NFTs are soaring in a wild rage currently in the crypto markets. The craze around NFTs is so high that the Google search for NFTs has skyrocketed in recent times thereby exceeding decentralized finance (DeFi) and coming closer to the interest of Ethereum (ETH). As crypto-journalist Wu Blockchain reports:

A non-fungible token (NFT) s a special type of cryptographic token representing something that is unique. Thus, no two NFTs are mutually interchangeable. These tokens are basically created to represent digital scarcity, and give digital ownership.

Recently, celebrities and billionaire investors interested in high-ticket items have also joined the NFT craze. Billionaire Marc Cuban has already joined the NFT mania and much recently he shared a digital collectible commemorating Luka Doncic and Dirk Nowitzki.

Ethereum blockchain has been one of the popular destinations for NFTs. It hosts some of the popular NFT games like CryptoKitties that caught massive craze in late 2017. However, other NFT marketplaces like Rarible and OpenSea are catching up with popularity at a quick speed.

Top NFT News Over the Last Week
Over the last week, the crypto market has been flooded with NFT news with NFTs and digital collectible worth millions of dollars have been sold in the open market. Popular personalities from different frontiers like music, digital artwork, sports and others are warming up to NFTs.

American Rockbank Kings of Leons is planning to launch its new album “When You See Yourself,” in the form of NFT. The album will be available on NFT Marketplace YellowHeart later today and the sale process will continue for a period of two weeks. The rock band will also offer several other exclusive items in the form of a series called “NFT Yourself”.

Recently, the original artwork of Banksy dubbed Morons, worth a massive $100,000, was destroyed only after converting it to a non-fungible token (NFT). The destruction of the physical artwork took place earlier this week in Brooklyn, New York and live-streamed. The auction for the Banksy NFT is taking place on the OpenSea NFT marketplace and will continue up to March 9. The winning bidder gets the unique digital code of the artwork.

250-year-old auction house Christie’s recently conducted a sale of digital artwork by Mike “Beeple” Winkelmann using NFTs on the digital marketplace MakersPlace.

Legendary digital artist Ben Mauro, recently conducted the sale of his 21 NFTs which were all sold in a flash sale of just under 7 minutes raising a whopping $2 million. The sale took place on the VIV3 Marketplace leveraging the Flow Blockchain.



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2021-03-02 20:00:49 ​​BitMEX Mulls Plain Vanilla Products As It Looks To Increase Market Share

Major crypto derivatives exchange BitMEX might introduce a new range of plain vanilla, or basic financial products designed to boost its market share, according to Alexander Höptner, CEO of 100x Group, the holding behind the platform.

“The products that we offer right now are pretty sophisticated products, so we are more targeting right now professional or semi-professional traders. I think we need to expand that product universe to more 'plain vanilla' products to increase the customer base, and bring new customers,” Höptner told Bloomberg TV, without specifying.

The exchange now offers perpetual contracts and futures, while also offering up to 100x leverage on some of its products.

The CEO added that, to further develop its business, BitMEX also needs more regulatory clarity in the markets in which it operates.

“I think what is also needed is stability from a regulatory framework. A lot of regulators are already working on this, and I think this is important to give confidence into the market that the products have approached a pretty environment and sound basis. And this then will also support confidence into the product,” according to Höptner.

BitMEX’s parent company hired Höptner last December to replace Vivien Khoo who managed the exchange on a temporary basis after Arthur Hayes, the platform’s Co-founder and previous CEO, was forced to step down last October.

The exchange found itself in the crosshairs of the US authorities last autumn after the Department of Justice and the financial regulatory Commodity Futures Trading Commission filed charges against its executives, accusing them of operating an unregulated trading platform and breaching US anti-money laundering (AML) and know-your-customer (KYC) rules.

Höptner, who took over the position last January, brought his experience from German legacy finance institutions to BitMEX. He previously headed the Stuttgart stock exchange Börse Stuttgart and Euwax AG, a company that provides financial service to the stock exchange. Open / Comment

2021-03-01 18:00:56 International Trade, Made Easy!

Shipit pro is the world’s first full-scale eCommerce services platform and application enabling sellers from European Union (EU) and importers from 3rd countries to sell into the EU with a fast, transparent, and seamless process that is secured with blockchain-based timestamps.

Shipit pro goes beyond the state-of-the-art by offering the following benefits:

TRANSPARENT AND SECURE DATA FLOW
After the customer has confirmed the order, all of the data is timestamped with blockchain middleware to make sure that the data cannot be tampered with after the sale has been finalized. This guarantees that the correct eDeclaration is forwarded to the EU customs authorities. Currently, no other competitor on the market offers an eCommerce service that is secured with blockchain middleware

FULL-SCALE SOLUTION FOR THE CROSSBORDER GOODS MOVEMENT CHAIN
When the customer orders a product from an eShop, the cost of the product is displayed together with VAT & import duty costs, delivery costs, optional insurance costs, CO2 emissions for the product, and any other related costs. The AI based HS classification function guarantees that the product is correctly classified, correct VAT & import duties are shown, and the correct eDeclaration is automatically generated. Currently, separate software is needed by eCommerce platforms and marketplaces to complete their orders and separate integrations with these systems is time-consuming and expensive.

SAVINGS ON THE DELIVERY COSTS
Shipit pro is connected with the biggest crossborder eCommerce platforms and marketplaces, which means that the large number of deliveries allow for up to 80% reduction in the standard delivery rates. Shipit pro is integrated with multi carrier and crowd courier networks to offer a green last-mile delivery solution while displaying the total CO2 emissions of the delivery for the customer. Currently, no other solution on the market is offering a similar innovative approach.
Shipit pro aims to be the first on the market to integrate all of the mentioned functions to one platform and secure the data flow with blockchain timestamp middleware.
The components and functions developed during the project will evolve Shipit pro to an independent eCommerce ecosystem.

Website: https://www.shipitpro.io/
Telegram: https://t.me/shipitpro
Whitepaper: CLICK TO READ Open / Comment

2021-02-27 20:00:22 ​​Spanish Bittrex Customer Says Exchange ‘Allowed’ Theft of His Bitcoin

A Spanish court has given the Tenerife police permission to look into the case of an alleged Bittrex customer who claims the crypto exchange is at fault in the case of the “theft” of around USD 62,000 worth of bitcoin (BTC).

The Tenerife branch of the national police cybercrimes unit is now investigating the claim, after the user stated unauthorized access had been granted to his wallet, where he claims he had stored BTC 1.3.

Per La Provincia, the claimant was identified as being a male from Tenerife who stated that in May last year, he created a BTC wallet on the platform, deposited the funds and discovered shortly after that the wallet had been emptied.

The man allegedly contacted the Bittrex support team, who reportedly claimed that the customer had been the victim of cybercrime.


However, the claimant appears to have enlisted a security expert to trace the alleged theft.

This expert’s testimony, the court heard, detailed that “Bittrex had allowed” four suspicious “access attempts” to be made before the theft took place from four different IP addresses in France, Granada, Madrid and a town in Minnesota, in the United States, all using different operating systems, and “all inconsistent with” the customer’s own devices. The expert added that “Bittrex did nothing to prevent” the access attempts.

The alleged raider who finally succeeded in accessing the account then proceeded to inform support staff that they had forgotten their private keys and requested the removal of a security code. Once this had been done, the attacker is said to have successfully transferred the BTC into another unknown wallet.

The fact that the attacker used a different OS than the complainant’s “should have raised red security flags for Bittrex,” particularly as the internet service provider and browser data were all different from the user’s.

The claimant is hopeful of suing the exchange under computer fraud and misappropriation of funds laws, which can be punishable with jail time or fines under local law. Open / Comment

2021-02-27 18:00:51 Improve your health and get rewarded!

The Actina Coin project aims to create an ecosystem to bring an innovative solution helping to solve the global health issue our modern society faces.

Coupled with different apps and platforms, such as the innovative health platform ActinApp, the Actina Coin offers solutions that will motivate and educate people on the importance of living a healthy and active life and being part of a holistic lifestyle transformation for the present and future generations.

The more physical activity, the more purchasing opportunity for the user, creating incentive and motivation to be active. For instance, on ActinApp, users earn points from logging a physical activity. They will be able to convert their earned points into Actina coins and purchase goods with discounts and special offers.

Actina’s deployment to other platforms in the fields of sports, health and education will further increase the speed of engaging people into a more active lifestyle through different innovative smart reward techniques and stores. This increasing use of the Actina coin will, in turn, favour its utility and value over time.

In order to support the development of the Actina coin, several apps are being created. The main current projects are:

Actina Wallet
is a centralized wallet for the users to manage their Actina rewards from all platforms in one place. Also directly linked to the Actina store, the wallet allows the user to identify the merchants offering Actina discounts and receive special offers.

Actina Store
where all the merchants participating in the Actina reward system, offer discounts in Actina to the customers.

ActiCount
a simple step counter app, easy to use and non-intrusive app, for the user who wants to monitor his activity and receive Actina rewards directly from the mobile phone, without social network.

ActinApp
a health and sports platform based on MECS: Motivate, Educate, Challenge and Stimulate. It is a platform designed to build a happier, healthier, more self-confident and physically fitter population. ActinApp will be implementing the Actina reward system and showcase its potential.

Website: https://actina.io
Instagram: https://www.instagram.com/actinaofficial
Telegram: https://t.me/Actina_IEO_Group
Twitter: https://twitter.com/ActinaOfficial
Whitepaper: https://actina.io/#whitepaper Open / Comment

2021-02-25 17:49:01 HASH Token – Live on Coinsbit this Friday

Meet Hashbon – the European secure and easy-to-integrate payment crypto gateway for global businesses and individuals.

Founded in 2016, the company operates as a payment provider for B2B and B2C markets. It allows users to accept, transfer, or exchange over 30 digital coins.

Hashbon launched its own native token, HASH, in February 2021.

The token will soon reach its first exchange — Coinsbit— on February 26th, where it will be available for purchase and trade. HASH token holders will receive significant benefits like cashback and lower exchange rates inside the Hashbon payment system.

The Hash token can be tracked in Etherscan and BSCScan.

CoinMarketCap, Bitcoinist, iHodl and CoinCodex about Hashbon.

Don’t hesitate to become a member of 10,000+ Hashbon Community! Open / Comment

2021-02-24 18:01:06 Currency.com crypto exchange celebrates its second birthday!

Currency.com has shown significant growth during the two years of operation, becoming the largest cryptocurrency exchange in the CIS.

In 2020:

- The number of clients grew from 50,000 to 250,000.
- The number of deposits increased threefold.
- In December 2020, the trading volume reached $2.6bn, which is higher than for the entire 2019.
- The maximum daily trading volume reached $120m.
- In 2020, Currency Com Limited was authorised by the Gibraltar Financial Services Commission (GFSC). The company was also registered by the FINTRAC (Canada) and by the FinCEN (USA), which enabled it to provide its services in Canada and the US respectively.

Join Currency.com! Open / Comment