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Showing posts from October, 2020

Yield Trust DeFi Protocol with Anti-Manipulation and Unique Trust Score Feature-Presale Now Live

 Presale Now Live PRESS RELEASE.  Yield Trust  Team from Stockholm, Sweden is ready to launch their new DeFi protocol for public access, providing users exciting and unique technologies to finally beat market manipulation and reduce market affection by the whales.  The protocol is going to grow all around starting it’s move to Polkadot after releasing all significant features and might become one of the biggest multichain DeFi projects in the industry. What makes Yield Trust so unique? Yield Trust is part of the large Yield Trust protocol which will include way more features in future to build around the main governance which will control the whole ecosystem of dApps. It is built for people not users implying a trust score system to treat everyone as a person. Main Yield Trust advantage is that it is not another compilation project from the others or copycat or fork. It brings absolutely new features to decentralized finance scope. Upcoming Features of Yield Trust Pr...

Prime Trust Launches Proprietary Core Banking Software for Fractional Assets, Including Cryptocurrency

Next generation financial industry asset management platform enables national banks, trust companies and fintech innovators to custody fractionalized investments to 18 decimal places, including cryptocurrency and digital securities. LAS VEGAS ,  Oct. 30, 2020  /PRNewswire/ --  Prime Trust , the leading B2B financial infrastructure platform and custody and settlement of alternative assets, announced today the launch of  PrimeCore  – a proprietary core accounting and customer asset management platform that empowers banks, trust companies and fintech businesses with a range of services spanning custody, payment processing, BSA compliance, asset liquidity and transaction settlement. PrimeCore operates as a secure, cloud-based SaaS that is accessible entirely via Application Programming Interfaces (API's). From banks to securities exchanges. real estate, crowdfunding and crypto exchanges looking to add custody of fractionalized assets, including cryptocurrency, real...

Iranian government approves use of cryptocurrencies to fund imports

  Currency-strapped Tehran further embraces cryptocurrencies According to  Iran Daily  and a report by The Islamic Republic News Agency (IRNA), the Iranian government has further shifted to embrace cryptoassets in recent weeks. The Iranian cabinet has reportedly amended its regulations to allow cryptocurrencies to be used for import funding by the nation’s central bank. Crypto miners will henceforth be able to directly supply the Central Bank of Iran with crypto within a certain limit. The amount will be outlined in the near future by the Ministry of Energy and will relate to how much subsidised energy miners utilise. The move can be said to have been driven more by necessity than love for decentralised currencies. The Iranian government is fundamentally ambivalent to the technology. It is wary of everyday Iranians acquiring the likes of Bitcoin in order to hedge against the inflation-prone rial but open-minded on a state level, viewing cryptocurrencies as a w...

AMD Purchases Xilinx in All-Stock Transaction to Develop Mining Devices

  AMD, a major semiconductor producer has  purchased  Xilink in an all-stock transaction valued at $35 billion. Nvidia and AMD are the two largest semiconductor companies in the world.  After Nvidia announced one of the largest semiconductor sectors deals in world history, AMD also showed interest in buying Xilinx . Just a few days ago, a tech media company called Phoronix discovered that AMD has "Navi 10 Blockchain SKU" on the patch's description.  Analysts are guessing the new chip Navi 10 may specialize in crypto-mining with its architecture RDNA. These two events may not be a coincidence, AMD may buy Xilinx for its new product line of Bitcoin Mining. Xilinx is not only a semiconductor company, but it also the inventor of FPGA.  With FPGA mining, it has almost 8 times faster hash rate per watt compared to ordinary home use graphic cards.  It is reasonable for AMD buying Xilinx and apply the FPGA technology to the Navi 10 series prod...

Southeast Asia's Largest Bank DBS Plans to Launch a Cryptocurrency Exchange

  The Singaporean multinational banking and financial services corporation DBS published an announcement revealing it was launching a cryptocurrency exchange. The announcement was later removed by the company, but crypto proponents have learned about the upcoming support for assets like bitcoin, ethereum, and bitcoin cash. DBS Bank Ltd is Southeast Asia’s largest bank in terms of assets under management (AUM), as the corporation’s 100+ branches hold more than $600 billion today. The bank published information on the subject and then swiftly removed the announcement. However, a number of cryptocurrency proponents caught the DBS statement before the bank deleted it. The Twitter account dubbed ‘Fiat Minimalist’ tweeted a screenshot and said: “Cat’s out of the bag.” “This has been in the works for 2 years,” Fiat Minimalist told his 2,300 followers. “All banks will have to follow suit. Imagine being bearish [toward] BTC,” he added. The announcement has also been...

Biggest bank of Singapore starts Bitcoin, Ethereum and Ripple (XRP) trading

  DBS Bank will launch a trading platform with Bitcoin (BTC), Ethereum (ETH) and XRP , according to a deleted post. DBS Digital Exchange platform will have the support of the Singapore Monetary Authority and will operate as a “traditional” exchange. A report by The Block news media reveals the launch of a crypto exchange platform by the largest bank in South East Asia, DBS. Called DBS Digital Exchange (digi ex), the platform opens trading with  Bitcoin (BTC) ,  Bitcoin Cash (BCH) ,  Ethereum (ETH ) , and  XRP . According to the report, the news was discovered after the publication of the exchange’s website. Currently the page has been deleted. However, it has been possible to verify that the Monetary Authority of Singapore supports the launch of the platform, according to the information on the deleted post. Source: https://www.dbs.com.sg/documents/1038650/66112595/dbs-digital-exchange-asset-ecosytem%281%29.jpg/f3fa8d96-a169-99b7-7ac0-9e7d4de2cb6d?t=1602238...

Unstoppable Domains Review (2020)

The Censorship-Resistant Future Of The Internet — Bitcoin Lockup Get your first .crypto domain with $10 off on your first domain purchase. For .crypto domains you pay just one time and it's yours for life in your Ethereum wallet. Unstoppable Domains : Get ready for a censorship immune future! Unstoppable domains makes the internet censorship resistant and censorship immune. Instead of relying on centralized services to buy and sell domain names (eg, Namecheap or GoDaddy), Unstoppable domains uses decentralized platforms Ethereum and Zilliqa Blockchain as a neutral 3rd party. This gives registered domains censorship immunity as no government or entity can restrict or remove access to that domain. To further improve on censorship   resistance, it’s possible to host the content on the Inter Planetary File System (IPFS) a decentralized hosting service where content can not be removed. One of the first uses of Unstoppable Domains is the creation of easy to remember cryptocurre...

Do I need to Buy One Whole Bitcoin? 3 BTC Questions I’m Tired of Answering

  “No, you don’t need to buy a whole Bitcoin.” As someone who writes about blockchain and crypto , I often find myself answering the same questions over and over again to friends and people I meet about Bitcoin. In no particular order, I am most commonly asked the three questions below: Why is Bitcoin worth anything? Am I too late to buy Bitcoin? It’s too expensive, do I need to buy a whole Bitcoin? The short answers to these are: Scarcity, Sentiment, Mathematics. No. No, you don’t need to buy a whole Bitcoin. At the moment, swarms of new people are taking notice of the immense gains being made in the Bitcoin and crypto space as announcements of new BTC price highs, institutional adoption and mainstream acceptance continue to permeate news in 2020. However, the types of questions listed above, reveal a broad misunderstanding common amongst people who unlike myself and my peers are not standing knee-deep in the digital assets industry.  Cryptocurrency ...

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