Action on the Ethereum network pointed at the end of last week initiating business fees to hit all-time highs and currently fingers are filling to an incomprehensible Chinese trading platform called FCoin. Zhang Jian, claims are made in contradiction the founder, formerly of Huobi, of scoring a series of Sybil attacks in order to drive up circulation, crippling the Ethereum Network and purchase promotional for itself.
It is evident the cryptocurrency community can do a lot of social good when incidents like these take place. The cryptocurrency industry needs to get some positive PR at this time, yet that is much easier said than done. Binance is trying to make good things happen in this regard, but the company can’t carry this burden all on its own. Whether or not any cryptocurrency users will pitch in remains to be determined.
Social exchange network eToro will issue their crypto wallet by next month fast of their exchange promotion set for Q4 2018. In a conference with NewsBTC, the Managing Director supposed they have had a lot of notice from domestic offices concerning their new crypto trading desk.
Maltese parliament passed three Cryptocurrency bills. These bills will make Malta into a crypto space of choice for investors and company owners who are interested in finding a favorable jurisdiction to set up their Cryptocurrency or blockchain business.
In the year 2017 on November, the Philippines Securities and Exchange Commission said it considered the use of digital currencies in the country by classifying and legalizing them as securities. In the year 2016, Bangko Sentral ng Pilipinas (BSP) officially recognized Bitcoin as a legal payment method.
June 29, 2018 – Cape Town, South Africa – Bitfair, a platform making it easy to buy or short a large variety of cryptocurrencies, will appear at RISE 2018 Conference, held in Hong Kong between 9-12 July 2018. July 9 is also a big day for the Bitfair team as the first round of their pre-sale is set to start.
RISE is produced by the team behind Web Summit, and promises to be yet another spectacular event. This event is seen as the largest tech event in Asia.
With more than 15 000 attendees at RISE, Bitfair Co-Founder Thomas van der Spuy is excited to share the Bitfair dream, and says “for over a year we have planned this project to perfection and the Bitfair team is now working that plan. The team cannot wait to welcome people to our booth – number 103 – and share the Bitfair dream with the world”.
Until now, cryptocurrency trading has largely been limited to exchanging digital tokens themselves. While this led to large profits for many investors, it also carried many risks, and it made it hard for cryptocurrency experts to profit off certain types of information. To solve this problem, Bitfair has created a platform where investors could trade cryptocurrency derivatives up to 1000x leverage. This allows them to diversify their investments, reduce or hedge risks, and leverage key information about the cryptocurrency market.
To facilitate transactions on the platform, Bitfair has developed its own cryptocurrency, the XBF Token. This utility token is released during presale stages starting on July 9th. By releasing XBF in large quantities and then decreasing the supply over time, the platform hopes to encourage as many traders as possible to get involved early. If successful, it will bring in ample funds and participants, providing a strong foundation and future success of cryptocurrency derivative trading. The official ICO date will be announced soon, together with the demo version of the Bitfair platform.
Co-founder Thomas van der Spuy will be available for media interviews.
To learn more about Bitfair:
To learn more about Co-Founder Thomas van der Spuy
TraiCon Events Private Limited is pleased to announce a collaborative partnership with eToro to be the Official Host for the “World Blockchain Congress- Bahrain 2018”. An initiative by TraiCon to further enhance the implementation of Blockchain technologies in Bahrain which is working in line to with countries vision of adopting Digital Currencies like Bitcoin amid a wider impetus toward a ‘Country Level’ adoption of Blockchain Technologies.
Since its launch in 2007, eToro has been at the forefront of online trading and has solidified its status as the world’s leading social trading and investment network. Over the years, eToro has gone to great lengths to constantly innovate, create tools, and introduce features that will make investment technology (Investec) available to anyone. Years later, eToro is the trading platform of choice for millions of users from 140 countries worldwide.
eToro is the world’s leading social trading platform, offering a wide array of tools to invest in the capital markets. Create a portfolio with cryptocurrencies, stocks, commodities, ETFs and more.
Originally, eToro was conceived as a platform that would make online trading available to anyone, anywhere, as part of the growing fintech revolution. The founders set out to disrupt traditional trading, using an intuitive platform, which offers an authentic online trading experience. The platform grew quickly in popularity and became the go-to choice for many traders.
At first, each of eToro’s platforms (Open Book and WebTrader) had a separate app. With the new eToro, a single app was created, making all of the platform’s features available using an intuitive interface. eToro’s new mobile app, available for both Android and iOS devices, is the perfect way to stay connected on the go and make sure you never miss an investment opportunity. Using the app, you can manage your portfolio, follow markets, copy traders, and perform any action available on the platform from your smart device.
To further receive more details about momentum: https://www.etoro.com
TraiCon Events Pvt Ltd is a 6 years successful ongoing industry in the event market completing global events from different industry sectors. They are mainly specialized in connecting the right delegates with potential companies in current focusing markets. TraiCon being a sales driven platform, this time prepared to bring the Top Investors, Advisors, Founders, Thought Leaders, and Stake Holders of the Industry to the exclusive and captivating environment to do business in the 1st Edition World Blockchain Congress Bahrain 2018 which is going to take place in Hotel Sofitel at Manama – Bahrain on the 29th and 30th July 2018.
Registration for the World Blockchain Congress Bahrain 2018 is now open. Companies interested in sponsorship, speaking opportunities, exhibiting or advertising packages are requested to contact at firstname.lastname@example.org | +91-7708 523918
For more details: http://bahrain.wbcseries.com/
In May the government released a report saying that cryptocurrencies present a low risk to financial stability in the country. The report predicts that crypto-related risks will increase with more participation from government financial institutions and stressed the need for balanced financial regulation. The AFM raised “doubts” toward cryptocurrency investments in the middle of June by sending a letter to market participants who are looking to offer crypto investment opportunities. The regulator said that related “risks” meant that such companies could fall short of any licensing obligations.
Thai Rules Governing Digital Tokens Will Initiate Later This Month: The Securities and Exchange Commission of Thailand has issued a timeline for their digital token rules to come into force. The controller specified earlier today that they would take outcome on July 16, 2018.