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Introducing Bybit Fiat Gateway: Buy Crypto with Ease! NOW LIVE

Bybit is delighted to introduce our Fiat Gateway, which enables users to buy crypto (BTC, ETH) directly on our platform in just a few clicks and start trading in no time. The Bybit Fiat Gateway offers a variety of payment methods (including Visa and Mastercard), and supports more than 20 fiat currencies—all at an ultra-low transaction fee. The service was created in partnership with  Banxa  and  Xanpool , two of the world’s most popular and trusted fiat solutions providers. With this new feature, crypto can be deposited into your account in a matter of minutes, and the hassle of transferring between wallets will be a thing of the past. The purchases of BTC and ETH are made available at launch, and we will be partnering with more providers to offer other cryptocurrencies soon. “ We believe that by offering an option to buy crypto directly on Bybit and adding to our existing pool of services provided, it will further improve our users’ experience on the platform, and offer...

PrimeXBT Partners With CEX.IO For Alternative Deposit Options Through CEX Direct

PrimeXBT, an award-winning multi-asset  Bitcoin -based trading platform, has announced a new partnership with CEX Direct, provided by  London -based crypto firm to allow users to buy Bitcoin directly from the platform. Through a new partnership with CEX Direct, PrimeXBT clients will now be able to purchase Bitcoin via the fiat on-ramp module integrated directly into the advanced trading platform using their VISA or Mastercard credit or debit cards. Any Bitcoin purchased is instantly transferred to a user’s private wallet in the PrimeXBT trading platform and is made available immediately for trading. The CEX Direct module is a secure infrastructure protected by the highest level of safety offered according to the Payment Card Industry Data Security Standard Council. Upon using the CEX Direct module, PrimeXBT users will be required to complete a short identity verification check. The entire process from start to finish takes less than a few minutes. Now, more users tha...

New Satoshi Stash Estimate Claims Creator Mined $10.5B Worth of Bitcoin

On Monday, the blockchain trackers and researchers from Whale Alert published a new research report about the infamous fortune allegedly owned by Satoshi Nakamoto. Researchers estimate that Bitcoin’s creator possibly mined coins up to block 54,316, capturing 1,125,150  BTC  or $10.5 billion using today’s exchange rates. For years now armchair sleuths and researchers have tried to estimate how many bitcoins Nakamoto owns and many people leveraged mining patterns. One of the most popular theories about Satoshi Nakamoto’s bitcoin ( BTC ) stash stems from RSK Labs chief scientist Sergio Demián Lerner. The RSK Labs engineer is famous for his Patoshi pattern study and he also maintains a website called Satoshi Blocks. In his study, Lerner produced data sets from his blockchain analysis that tracked the extranonce fields within the coinbase field stemming from the coinbase transactions themselves. From Lerner’s old research and the Patoshi pattern s...

ERC-20 Tokens Make up About 50% of Entire ETH Blockchain

Ether now accounts for only half of the value on the ETH blockchain as DeFi tokens like LINK and stablecoins take its place. With the five-year anniversary of the Ethereum blockchain less than two weeks away, the market cap performance of ERC-20 tokens has skyrocketed to almost achieve parity with that of Ether. Ryan Selkis, CEO of crypto analytics firm Messari, said in a July 17 newsletter that over the past two months, the market cap of all ERC-20 tokens has shot up to roughly $25.6 billion, about 49% of the total assets on the Ethereum ( ETH ) blockchain, $52.6 billion.  “Ether now only accounts for 51% of the value secured on the Ethereum blockchain, which is the smallest amount on a percentage basis that it’s accounted for in its history. The other 49% of the value stored on Ethereum now incentivizes economic activity beyond the maintenance and execution of the Ethereum blockchain.” Source:  Messari Rise in DeFi and stablecoins According to Selkis, the growth of these tok...

Cryptocurrency Offers a Solution to Africa's Financial Trouble

SHERIDAN, WY / ACCESSWIRE / July 20, 2020 /  Co-founded by Bright Enabulele,  the Oduwa Coin is a revolutionary digital payment ecosystem and the fintech solution to Africa's financial trouble.  Africa is one of the regions with the most complicated payment systems.  Many countries in this part of the world are affected by a problematic system that drains out people's income and remittances that locals receive from family members abroad.  The continent is also populated by underserved and unbanked communities.  The need for a smart and trusted solution is necessary to overcome most of the issues these communities face on a daily basis. Oduwa coin was designed to function as digital cash using peer to peer technology to settle all its transactions on its own blockchain network.  Built around the principles of self Governance and decentralization, this hybrid blockchain technology values privacy, efficiency, and security due to the asset protection the...

Wirex Becomes World's First Crypto-Native Platform to Secure Mastercard Principal Membership

LONDON ,  July 20, 2020  /PRNewswire/ --  Leading payments platform  Wirex  today announced their partnership with Mastercard, as they become the first cryptocurrency-native platform to secure Mastercard principal membership. The news further solidifies Wirex's vision to bring cryptocurrency to the mainstream with the support of Mastercard, the renowned global payment technology company, by giving Wirex additional functionality and control. Principal membership will enable Wirex to issue payment cards directly, offering even more convenience, reduced costs and faster transactions on a platform that is striving to make all currencies equal. The partnership gives Wirex the opportunity to continue improving its cutting-edge services, offering customers the ability to instantly buy, hold, exchange and spend multiple traditional and cryptocurrencies at the best in-market rates, within one platform. Wirex is one of the few crypto-friendly companies that is a UK regul...

Can blockchain help prevent gov’t corruption? WEF says yes

Blockchain  can be a potent tool in preventing government corruption, leading to greater transparency, automation and auditability. According to a report by the World Economic Forum, blockchain has a key role to play in improving governance, and in preventing corruption in a range of public administration settings. In a post co-authored by Rachel Davidson Raycraft of the University of Virginia School of Law, Batten School of Leadership and Public Policy and Ashley Lannquist, Project Lead on, Blockchain and Distributed Ledger Technology at the World Economic Forum, the World Economic Forum set out five use cases for blockchain in keeping governments honest. The public procurement use case could enable direct action on risk factors in procurement, with automated contracts and immutable records combining to deliver better, less corrupt procurement across government departments. Land registration is becoming an increasingly popular use case for blockchain, allowing secure, pu...

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