Altcoin News

China to ban 124 offshore cryptocurrency exchanges

By: on August 27th, 2018

China is ready to block 124 offshore cryptocurrency exchanges still available to domestic users as part of the government wider crackdown on activities related to digital money, according to the countries state media. The Chinese financial authorities, a local news site reported that the government will block access to websites operated by foreign cryptocurrency exchanges that provide trading service to Chinese citizens.

Press Release

Ether Kingdoms Finishes Beta Testing as it Conducts Second Round of Airdrop

By: on August 26th, 2018

August 23nd, 2018, Moscow, Russia – Ether Kingdoms is the first Free-2-Play cryptocurrency game with Proof Of Stake mining. Unlike other gimmicky alternatives, Ether Kingdoms offers it’s players cleverly visualized, full gameplay, and is based on its own PoS token called Imps.

Imps are both tokens within the game and also key characters that earn players real money. Players can earn significant mining rewards (up to 1% per day). To get to 1%, players will need to send the maximum number (10 000) of imps to the mine. To achieve this, players receive a kind of game master node that guarantees them a constant profit.

The IMP token is already being traded on Mercatox and Forkdelta. The developers are working hard to ensure that IMP will soon be listed on more exchanges.

In addition to sending imps to the mine, players can send them to fight another player’s imps. This can be done by using the ‘Fight’ button and specifying how many imps are needed. Players then simply wait for an opponent to accept their challenge. The battle goes on in automatic mode, but players can raise your chances of winning by equipping their imps with artifacts.

Artifacts are ERC721 tokens that make up the collectible component of Ether Kingdoms. They can be sold on special platforms (for example, OpenSea), or exchanged with other players. Artifacts can be traded, bought, and used to participate in weekly leaderboards. Players can also use CryptoKitties tokens in the game as pets, and also receive game bonuses.

Now that Ether kingdoms are out of Beta testing it will continue to develop and grow. During the upcoming fall-winter, Ether Kingdoms players will enjoy:

  •      New PvP fight mode
  •      Clan battles
  •      Special locations for groups of players
  •      Global and local opponent-bosses
  •      New, rechargeable ERC721 tokens
  •      Reduced mining rates (by half!). Only 50 players will receive a unique artifact that guarantees the maximum mining profit of 1%.

In the first quarter of 2019, the developers promise to release a fully functional mobile version of the game. It will not support the crypto token due to mobile stores’ policies, but players will be able to use the artifacts earned in the mobile version in the browser version of the game.

What does this have to do with Free 2 Play?

The economic model of Ether Kingdoms was based on its own token from the beginning without the necessity to hold an ICO or any type of a presale. Token distribution (13 million tokens are planned to be released throughout the game’s existence) is as follows:

  • 15% is reserved for the team and the future development fund;
  • 10% for leaderboards and airdrops
  • 75% is available for mining. The basic development and marketing are carried out using the team’s own funds.

Players can get the IMP tokens by receiving them for free during Airdrops, mining them or purchasing at an exchange. It is the airdrop that makes Ether Kingdoms a Free 2 Play crypto game. The second round of Airdrop will start on August 24 and will be released as a quest chain. The award for each successfully completed quest will be a loot-box that contains a certain number of IMPs and sometimes an artifact.

To start playing Ether Kingdoms today you don’t need to buy the tokens. You can just join the game’s Telegram or Discord channels, receive 10 IMPs and complete several simple quests.

The total Airdrop pool is 350 000 IMP, which is expected to go fast.

What’s new in August release?

Ether Kingdoms have added a variety of game content (over 25 artifacts, support for 120+ levels, possibility to purchase artifact loot boxes, new quest chains, and much more), as well as functionalities that include integration of CryptoKitties ERC721 tokens. The second round of airdrop is about to commence and will give away up to 220 IMP tokens per person.

To learn more visit the Website – https://imps.me/
Connect on Twitter – https://twitter.com/imptoken
Find on Facebook – https://www.facebook.com/imptoken/
Chat with the team on Telegram – https://t.me/imptoken
Ether Kingdoms Discord – https://discord.gg/xQrdRX2
Check out the Ether Kingdoms Medium page – https://medium.com/@imptoken
Official Ether Kingdoms Reddit page – https://www.reddit.com/r/imptoken/

Media Contact

Contact Name: Vladimir Goldberg
Contact Email: cio@imptoken.io
Company: Ether Kingdoms

Press Release

Skycoin Announce the Offical Release of an Android Mobile Wallet

By: on August 25th, 2018

23rd August 2018 Shanghai – A functional and secure mobile wallet is essential in the democratization of any peer-to-peer monetary system. This initial version of Skycoins mobile wallet includes all the basic and some advanced features as well that incorporate flexibility as well as security.

Basic features such as:

  • Creating a new wallet and loading an existing wallet
  • A quick view of your transaction history
  • QR-code scanner and generator
  • New address generator

Skycoin also included a more advanced feature where you can select the specific UTXO (unspent outputs) for sending Skycoin. This allows a more flexible customization of Coin Hours usage for your needs.

For the more secure-minded Skyfleet members, you may even select your own node to make sure you are not reading from an adversarial or a hijacked node! To make your wallet even more secure, your wallet seeds are hardware encrypted and never leave your device.

Skycoin is not stopping there – developments are trucking along regardless of the market noise. Stay tuned for more exciting developments in the near future!

Download the wallet here: https://www.skycoin.net/downloads/ (only Android v6.0 “Marshmallow” and above)

About Skycoin

The Skycoin Platform is the most advanced blockchain platform in the world. Developed by early contributors to both Bitcoin and Ethereum, Skycoin’s platform is completely secure, infinitely scalable, and ISP independent. Backed by bandwidth, storage, and computational power Skycoin is built to fulfill Satoshi’s original vision.

Skycoin consists of an ecosystem of technologies that work together in unison to provide a complete package:

Skywire – Skywire is a blockchain-based internet service that removes the aging centralized protocols used for today’s internet. This mesh network consists of thousands of nodes that connect to each other directly for forwarding and routing of internet traffic. This creates a spider web-like network or mesh that is more stable, secure and faster than the current world wide web.

Obelisk – To tackle this centralization problem, Skycoin moves beyond PoW/PoS. It uses a distributed consensus algorithm, called Obelisk, which distributes influence over the network according to a “web of trust”. In essence, every node has a list of other nodes that it subscribes to, and the density of a node’s network of subscribers determines its influence on the network. Each node is assigned a personal blockchain which acts as a “public broadcasting channel” on which all of a node’s actions are visible and publicly recorded

Fiber – Skycoin’s Fiber network was built elegantly from the ground up to be robust, customizable and infinitely scalable. The beauty of Fiber is in its architecture, which allows it to easily overcome the challenges not solved by Bitcoin and Ethereum. In order to eliminate the slow speed and high cost of transactions, with the Fiber network, Skycoin’s team created a new consensus protocol known as Obelisk.

To learn more visit the Website: https://www.skycoin.net/
Telegram Bounty Channelhttps://t.me/skycoinbounty
Read the White Paper – https://www.skycoin.net/whitepapers/
Connect on Twitter – https://twitter.com/skycoinproject

Media Contact
Contact Name: Danish
Contact Email: danish@skycoin.net

Altcoin News

SEC’s final result

By: on August 24th, 2018

SEC’s final result: Clayton states there isn’t going to be any change in the regulations because of any of the cryptocurrency. Investors are recommended to study the details completely before investing as it seems to be a highly risky environment now, with more people losing money than making profits.

Bitcoin News

Kryptovault acknowledged that it had experienced some conflict

By: on August 24th, 2018

Though they informed the police, Kryptovault CEO also warned employees to be extra careful of the danger, at the Dale facility, as it is considered more accessible compared to the Follum facility which is located and protected by the fence on all sides. At the time, Kryptovault acknowledged that it had experienced some conflict with those living near its facilities in Dale and Hønefoss.

Bitcoin

Result of the BitMex pause

By: on August 23rd, 2018

BitMex announcing its temporary pause on the trading has led to a widespread effect on the virtual market and many of the investors and traders are happy seeing this change because the next decision of SEC may not be in its favor.

Altcoin News

Most governments are against the digital currency technology

By: on August 23rd, 2018

Experts told the local newspaper that, volatility in the cryptocurrency market can be attributed to factors like the digital currency has no intrinsic value as they do not sell a product nor return dividends. Most governments are against the technology and most investors are in it for the short term. Removing the financial advisors and retail brokers, most of the investors in digital currency are young and have no experience in this field, and reportedly operate with a herd mentality, which greatly influences the market.

Bitcoin

Bitcoin Cash it is still the fourth largest cryptocurrency

By: on August 22nd, 2018

According to data from the local newspaper it was seen that even with the recent downfall of Bitcoin Cash it is still the fourth largest cryptocurrency, with a market capitalization of over $9 billion. During the press time, Bitcoin Cash was down almost 9% and it was trading around $522.

Altcoin News

Shailesh Bhatt too had invested in BitConnect and lost money

By: on August 21st, 2018

Shailesh Bhatt too had invested in BitConnect but lost money when Kumbhani and others wound up the firm. Shailesh Bhatt and his co-workers kidnapped Kumbhani companies employees and forced them to transfer over 2,400 Bitcoins into Bhatt’s digital wallet account, the CID alleged. By the information came out, Kumbhani and other BitConnect promoters came in the eyes of CID. After this in the month of January Kumbhani and other promoters suddenly became untraceable by closing the exchange and the investors lost their money as they were not able to encash or trade with that token or coin.

Bitcoin

Entrepreneurs glad with cryptocurrency

By: on August 20th, 2018

So, the digital market is the way in which the entrepreneurs can grow faster, more efficiently and thus this market is promoting all the start-ups to go into the cryptocurrency world. It shows a viable way for the entrepreneurs to create value in this world.

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