Participating in the IEO of CMA project on IDAX ( is an amazing investment opportunity that you cannot miss.

CMA project is building an Ecosystem for New Era of Decentralized Marketplaces. is the first fundamental product. It is a new marketplace which solves all crypto advertising and marketing problems by connecting crypto market publishers (influencers, social media, marketing companies, etc.) and advertisers (crypto companies) in one place (marketplace is working already and got over 600+ offers for sale just in 7 weeks after the launch). Also, this will help crypto companies to promote their decentralized marketplaces which they will build using other CMA products.

To create a decentralized ecosystem for marketplaces CMA project will develop additional new products: new blockchain for marketplaces (“internet of goods and services”to let any marketplace place their business on the blockchain), ICO platform for marketplaces (to let new/old marketplaces get funding), the visual drag & drop marketplace builder (to let anyone build their own decentralized marketplace).

CMA is also world’s first IEO decentralized marketplace ecosystem project. The IEO will be held on IDAX and at least 6 leading exchanges gradually and upon completion will make a listing on at least 8 exchanges.

Because of the simple and secure IEO on IDAX, you can participate conveniently after registration.

On June 5th, 13:00 (UTC+8) IDAX will provide CMA (CryptoMarketAds) token through an Initial Exchange Offering. With special conditions for participated users: up to 28% bonuses during the first round.

The CMA project is making available total 160,288,000 CMA (CryptoMarketAds) tokens to IDAX users in the IEO.

Official announcement:

About IDAX (

IDAX is an international exchange platform originating from GBC (Global Blockchain Research Centre). IDAX was founded in 2017, within several month, it gained to be in Top 10 exchanges of CMC rank. IDAX provides users from all around the world with convenient, safe and fast digital cryptocurrency transaction service.

After launching Foundation in January 2019, IDAX has raised over $10 million among private investors and is now offering IDAX users the opportunity to support the BTD project by purchasing BTD (BitDisk) tokens.

In the past year, many blockchain projects staged so-called public sales of tokens without a concurrent listing on a public exchange, increasing the likelihood of fraud and security problems. As one of the world’s leading exchanges, IDAX values every user and uses various ways to create investment value for users, such as selecting outstanding projects and help users participate in project IEO, maintaining our relationship with users from a long term perspective.

About CMA (

Based on trillions of market value of global marketplaces, CMA welcomes worldwide marketplaces and users who can become a CMA blockchain nodes by staking CMA coins in near future. Working together with all nodes of the whole network, CMA will form specialized blockchain only for marketplaces, to ensure high amount of transactions verification, characterized by globally-distributed, always-on, never powered-off, remote disaster tolerant, secure and infinite scalable capacity.

CMA project helps any marketplace, starting with small local marketplace till big one such as to put their business on CMA blockchain. At the same time, the nodes will get corresponding CMA coins according to its comprehensive contributions to the stable operation of the whole network. CMA incentive point represents the total transactions of the whole network. The total amount of CMA is limited and a part of CMA will be destroyed during the operation process, therefore, it possesses powerful and inherent value growth impetus.

Anyone and anywhere in the world will build their own marketplaces using this easy visual tool – visual decentralized marketplace builder. Starting from work at home moms till big companies.

After building their own marketplace, people will fundraise money using CMA coin for the new marketplace marketing and operations – ICO platform for marketplaces.

For crypto advertising and marketing people will be using marketplace to fundraise funds for their new marketplace and get new users. Marketplace publishers will lock-up up to 5 million coins to get 50% discount on Fees. (1000 Publishers = 5 Billion tokens locked, huge scarcity)

From April 2019, taking the opportunity of IEO, CryptoMarketAds is attracting vast new users through rapidly growing development, which drives CMA project into high-speed growth.

By December 2019, CMA will expand into many new countries – Asia, Europe, America.

By June 2020, TestNet of new blockchain will be launched.

By October 2020 CMA will be launching new blockchain and swapping CMA token to CMA coin.

This ecosystem will make CMA coin one of the rarest ones with highly specialized utility. It will attract a lot of traders, contributors and holders.

Bitcoin’s Price and Crypto Market Heading Straight for “Full Blown” Level 10 FOMO: Fundstrat

  • Bitcoin FOMO past “baby” and medium” levels and heading for the last level at $10,000
  • “A price level only seen 3% of all days”

The last bull market that has Bitcoin going to $20,000 has been driven by FOMO “Fear of Missing Out” when Bitcoin started surging from less than $1000 at the beginning of 2017 to ending the year well above $19,000.

However, since then throughout the brutal winter of 2018, crypto market awareness and adoption grew while institutional investors also came rushing in. But FOMO still drives the BTC price to a certain extent.

According to Fundstrat, we are heading for level 10 that is full blown FOMO. At $6,950, we triggered the first level of FOMO termed “baby.” The “medium” that is at level 5 was hit when BTC price went approximately to $8,900 while in 2017 bull run this level was hit at $3,200.

While during the bull cycle of 2013-2017, the “full blown” FOMO was hit at $4,500, this time once we hit $10,000, we will reach the last level of FOMO that is expected to take us to the rally to new all-time highs (ATH).

Bitcoin bull and Fundstrat founder, Tom Lee explains,

“Actually the point of the chart is to say “real FOMO” probably starts when bitcoin exceeds $10,000 as that is a price level only seen 3% of all days.”

The $10,000 in the current Bitcoin market is mathematically equivalent to BTC exceeding $4,500 in 2017 that Lee says,

“was a level that indeed triggered FOMO.”

Recently, Lee had confirmed that crypto winter is over and shared 13 reasons to justify that. The points that make up these reasons include on chain transactions per day turning positive, Bitcoin Misery index crossing above 67 for the first time since August 2017, BTC price closing above 200 days first time since March 2018 and Bitcoin being bottomed out in December 2018 at $3,150.

Additionally, OTC volumes are surging, BTC printing a golden cross, and no effect of bad or negative news on the price of BItcoin among others like on chain activity and Grayscale Bitcoin Investment Trust premium are surging yet again, signaling we are out of the woods.

The strong Bitcoin market and the network indicate that we have entered a bull market. Currently, BTC/USD is trading at $8,750 with 24-hours gains of 0.41 percent.

Read Original/a>
Author: AnTy

Troublesome Exchanges QuadrigaCX and Cryptopia See Users of Both Share Same Unfortunate Fate


Two Of The Biggest Crypto Dramas Of 2019 Happened On The Exact Same Day

  • Both Cryptopia and QuadrigaCX shut down their withdrawals and froze transactions on January 14th.
  • Since then, both exchanges have filed for bankruptcy.

Coincidences happen all of the time, but there are a few coincidences that are too close not to draw a connection. That is exactly the case with QuadrigaCX and Cryptopia, according to a recent article from A few customers discussed their recent losses that they experienced in January, watching QuadrigaCX go under on the same exact day that Cryptopia’s hack happened.

The hack of Cryptopia has been well publicized, resulting in the loss of $16 million in both ETH and ERC20 tokens on January 14th. The exchange discovered the loss rather quickly, taking the exchange offline and stopping anyone else from making withdrawals. Unbeknownst to Cryptopia, Quadriga was announcing the passing of their CEO the month before, which was a strange enough situation on its own.

Quadriga had already been slow for quite some time, but the news of Gerald Cotten’s death coincided with the exchange completely freezing withdrawals. As all of this news hit, investors on both sides of these exchanges were take aback, losing so much in one day. One trader named Ida, who omitted her last name, said that she switched to her Cryptopia account after having troubles with Quadriga to pull her coins as soon as possible, but Cryptopia had already been hacked. With the fast-acting work of Cryptopia to shut down withdrawals, Ida was met with another roadblock. The story was the same with many other mutual traders.

QuadrigaCX did not come back from their freeze, deciding to file for creditor protection. The company ultimately decided to file for bankruptcy recently. Cryptopia worked with the authorities in an attempt to relaunch the platform in the middle of March this year, but it didn’t quite go as planned. After multiple attempts by the team to revive the platform with the right security measures, Cryptopia decided to shut down and file for bankruptcy in New Zealand less than two weeks ago.

Realistically, the fact that both of these exchanges met the beginning of their ends on the same day is probably just an unfortunate twist of fate. However, the lack of regulations in the crypto industry are likely the true culprit here, along with the lack of protection.

Cryptopia used to be a place for crypto traders to create a diverse home of converting to altcoins. The platform even listed 400 altcoins at one time, including HoboNickels and BeaverCoin. The year 2017 was a great atmosphere for altcoins, though the volume is rather low for these types of coins. By having such a lot volume, these altcoins tend to become organized “pump and dump” schemes, and Cryptopia ended up being a place for these altcoins.

However, since the exchanges could not actually get the banking needed, these altcoins were not actually available for purchase, and could only be purchased through an exchange that let users use fiat currency to buy Bitcoin. In an interesting turn of events, that was where Quadriga was technically connected with Cryptopia. They would allow for the purchase of these coins, and consumers could go back over to Cryptopia for the altcoins.

Another major issue was the lack of Know Your Customer (KYC) protocols with Cryptopia, which they did not require for NZ $5,000 ($3,270 USD). In May 2017, Cryptopia’s bank started to notice the issues when the exchange decided to launch a stablecoin that they pegged to the New Zealand dollar called NZDT. As a result, locals could purchase their Bitcoin from Cryptopia directly. As funds flew in and out of their bank accounts, Cryptopia’s bank worried that the funds could be used for illicit activities, like drug purchases from the Black market. When the bank decided to shut down their accounts by February 2018, Cryptopia sent out a notification to their users.

Between the banking problems of both Cryptopia and QuadrigaCX, combined with poor accounting of their own blockchains, the companies finally met their demise. On January 14th, both exchanges saw the first stage of failure. Though both have sought the help of the traditional financial system, there are still many former customers that just want their money back.

Read Original/a>
Author: Krystle M

A Preview of Countries’ Crypto Regulatory Outlook Heading into the G20 Summit and What’s Next


The G-20 countries are gearing up for the upcoming G-20 summit, and the main aim of the upcoming event will be largely focused towards implementing unified crypto regulations set by intergovernmental organizations such as the Financial Action Task Force. The European central bank has confirmed that despite the challenges posed by crypto assets to the euro area’s financial stability, it is still manageable.

The G-20 nations have reaffirmed their support for the FATF recommended policies in areas such as anti-money laundering as well as crypto assets. The FATF recently conducted their annual Private Sector Consultative Forum in Austria which saw participation from over 300 representatives from the private sector.

The Financial Action Task Force (FATF) comprises of 36 countries and two international organizations including the European Commission. During the recent forum, FATF said,

“The discussions focused on the mapping of virtual asset services and business models … and on the implementation of specific FATF recommendations.”

The FATF in its April Report also put out a guideline for the member G20 countries for regulating and standardizing crypto assets. The Financial Action Task Force further promised

“to continue assisting jurisdictions and the private sector, in implementing a risk-based approach to regulating virtual asset service providers, including their supervision and monitoring,”

While providing a standard guideline to help the G20 nations in formalizing their crypto regulations, the FATF also emphasized on various risks that come along with the standardization of digital assets such as money laundering. The report states,

“Technological innovations, including those underlying virtual assets … may deliver significant benefits to the financial system and the broader economy.”

Russia Needs To Get Their Regulatory Framework Finalized

Russia, one of the G20 nations has been facing constant delays in finalizing the crypto regulations. Now they have come out to announce that they would be following the standards set by FATF to help them create a standard framework for the use of digital assets in the country.

The Russian President Vladimir Putin has asked the concerned authorities to finalize the regulatory framework in July last year, but there was no progress made on the order. Putin again ordered the authorities to complete the framework by July this year. Looking at the progress made on the recent order, the finalization of the framework might get delayed again.

Anatoly Aksakov, the Chairman of the State Duma Committee on Financial Market has recently said that they are facing issues due to the requirements set by the FATF. The chairman said that the guidelines set by the FATF either need to be implemented into the law on digital assets or a separate bill need to be passed. He explained,

“The law on digital financial assets has been suspended … There were FATF decisions that require us to resolve issues related to bitcoins and so on.”

Another report in the local media houses suggests that the laws on regulating crypto and digital asset may come in force in the Spring season. The reports were based on the deputy chairman of the Bank of Russia, Olga Skorobogatova’s recent comments. The report quoted her saying,

“The law on digital financial assets, on crowdfunding, etc., all these bills are in a fairly high degree of readiness. Colleagues from the State Duma committees are very helpful, we expect that these laws can be passed during the Spring session.” She further stressed that these laws “are extremely important for the country and will provide an opportunity to implement new projects.”

Japan is Helping Other G20 Nations While South Korea Emphasises on Regulatory Consistency

The upcoming G20 summit will be hosted by Japan, which also happens to be one of the most crypto compliant nations with the consumer-friendly regulatory framework put in place. The country has also shown its interest in helping other nations with their regulatory dilemma by working on implementing global standards on crypto assets.

The House of Representatives recently passed a crypto bill with several resolutions. One of the media publications reported,

“We have fully grasped the regulatory trends of G20 countries and cooperated with each country to achieve international harmony.”

The Financial Services Agency (FSA), Japan’s top financial regulatory released a report last December which states,

“To manage and mitigate the risks emerging from virtual assets, countries should ensure that virtual asset service providers are regulated for AML/CFT purposes.”

South Korea, another G20 nation has often echoed for the regulatory consistency and have announced several times that they would be complying with the unified crypto regulatory standards. Choi Jong-Ku, Chairman of the Financial Services Commission said that

“Transnational cooperation is necessary to regulate virtual currencies,”

The FSC chairman also emphasized on the importance of G20 nations adhering to the international standards prepared by the FATF

“to minimize regulatory inconsistencies.”

The Possible Challenges in Creating a Standard Regulatory Guideline

Chainalysis, one of the prominent blockchain and the crypto analytic firm gave feedback on the guidelines set by the FATF. The firm said that the Guidelines set by FATF would have profound implications for the cryptocurrency industry. The Chainalysis feedback report explained,

“There are clear technical obstacles that prevent cryptocurrency businesses from being able to comply with these standards. Cryptocurrencies were originally designed as a peer-to-peer financial system that has no central authority and no intermediaries.”

The analytics firm went on to note that in order to adhere to the FATF guidelines, crypto exchanges can use the transparency from the shared ledger to form an effective Risk-based approach. The firm went on to suggest that exchanges should take up the responsibility to conduct KYC and store the data safely. Crypto exchanges should start linking users KYC information with their transactions as it is not available on the public ledger.

The feedback report explained further,

“Forcing onerous investment and friction onto regulated businesses, who are critical allies to law enforcement, could reduce their prevalence, drive activity to decentralized and peer-to-peer exchanges, and lead to de-risking by financial institutions.”

Chainalysis noted that these measures would decrease the transparency which is currently available to the law enforcement agencies.

Read Original/a>
Author: Bitcoin Exchange Guide News Team

Ikigai Founder: Bitcoin’s Beauty Shines in Comparison to Gold, BTC is a Central Bank Insurance Policy


Could any two investments seem more different than precious metals like gold and silver versus digital currencies? One is dug from the ground, forged in flames and hurts like heck when you drop it on your foot. The other is purely digital, created by computers crunching complex equations, existing only in bits and bytes.

Recently, Travis Kling, Founder and Chief Investment Officer of Ikigai Asset Management. Appeared on the WhatBitcoinDidPodcast hosted by Peter McCormack.

Regarding the recent bull run and the generally positive sentiment around cryptos, Kling said:

“The people in the space show an enormously positive vibe with a feeling of a growing sense of maturation year over year. Now that there are fewer charlatans and scammers in the fields it becomes easier for more Bitcoin centric announcements to be made.”

Bitcoin was even purposefully intended to simulate some of gold’s unique natural properties. You even “mine” for new Bitcoin digitally like people mine physically for gold, and the supply is purposely limited. Because they have a lot of similarities, they appeal to many of the same investors. Both can be a store of value and a medium of exchange, however, according to Travis Bitcoin is mostly being used as a store of value.

“Bitcoin has gone through a lot of phases and in my opinion, it is a non-sovereign, hard cap supply, global commodity. In other words it is an insurance policy against central banks even though Bitcoin is not a safe haven right now. The reason why I, like so many others are excited about it is because it has the characteristics it possesses to grow.”

Bitcoin and alt-coins are emerging as a powerful innovation, both as a possible complement to — and, in thus far rare circumstances, a replacement for — cash or precious metals in many applications. As the market comes to grips with cryptos, however, it’s increasingly clear there is a place for each in the world, and none of them — not cash nor gold nor cryptocurrencies — are going away anytime soon.

Read Original/a>
Author: Sritanshu S

TechCrunch’s Michael Arrington Talks About the Ongoing Honeymoon Between Binance and Altcoins


One of the top cryptocurrency exchange platforms, Binance, has in recent times made a lot of headlines due to its announcements of developments in the crypto industry. Notably was Bitwise’s report to the USSEC (United States Securities and Exchange Commission) which listed Binance as one of the exchange platforms with real transaction volumes.

The Binance Launchpad has also become the top choice for crypto projects seeking to raise funds.

On the 27th of May 2019, TechCrunch founder and Arrington Capital partner, Michael Arrington tweeted about Binance‘s growth.

He said :

“With the exception of Korea, binance is becoming more important for alts than all other exchanges combined. Great for bnb holders like us, but bad for the market overall. People need to step up their game.”

Binance Chain Anticompetitive Moves

In addition, Arrington said that Binance needed to “be careful about anticompetitive moves” like “forcing Binance chain” as a prerequisite for listing on the platform, saying that the Binance Chain should have to

“compete on its own merit”

These tweets by Michael Arrington, who is a well-known crypto influencer, got the attention of the Co-founder and CEO of Binance, Changpeng Zhao, in response CZ tweeted :

“Nah, there are lots of coins we don’t list, yet. We don’t compete to list a coin first, we like to see them grow a bit on other exchanges first.”

Justin Sun

Michael Arrington also talked about Justin Sun, the Tron foundation founder, he said :

“The canary in the coal mine for U.S. crypto regulation is @justinsuntron. He currently resides as a free man in San Francisco, as he should. If/when he either flees the country or is arrested, we will know the U.S. isn’t messing around any more with crypto. It’ll be war, then.”

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

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Author: Osahon Okodugha

Bitcoin’s Ten Years Young and Is Already Taking Conventional Investments to School in 2019


2019 has been the year of crypto assets where it has outperformed most of the traditional assets such as oil, gold, and popular stocks. While 2018 was the year of the bearish trends, 2019 is highly bullish. The crypto market was expected to spring back and rise in value with an impending bull run on the cards. However, analysts were predicting the rise of the crypto market towards the end of 2019, but bulls arrived as early as April which has doubled the market cap of cryptocurrencies by double since the start of the year.

The total market cap of crypto space stands at a quarter of a trillion dollars and the daily trading volumes of the digital assets are touching as high as $80 billion. In comparison, traditional assets like oil are up by 29% in 2019, which is followed by popular stocks such as Nasdaq up by 15%, S&P up by 13%, Dow Jones up by 10%, and the Nikkei is up by 6%. While Gold has seen a mere surge of 0.46%.

While it is unfair to compare the traditional assets with the digital ones since cryptocurrencies are known to be volatile, where both the dips and highs are equally massive. During the recent surge in the crypto space starting in April, some assets such as Bitcoin Cash made 50% gains on a single day, which tells a lot about the volatility of these assets.

The 2017 rise of Bitcoin was surely phenomenal which took its prices from $750 to near $20,000 in December. Similarly, the downfall throughout 2018 saw Bitcoin, as well as the crypto space, lose more than 80% of their overall market cap.

The Changing Landscape of Digital Assets

2018 might have been a forgettable year for the crypto investors, however, the bearish trends of 2018 cut down the high-volatility of the crypto space, paving the way for traditional and institutional investors to make a foray into the digital asset arena. In 2019, the cryptocurrency market is stronger than ever before as more people have shown interest and are dumping traditional assets for the digital ones.

If we look at the gains made by some of the crypto assets it comes out to be more than most of the traditional assets combined. The biggest gainer in the digital arena is Binance Coin (BNB), which has surpassed its all-time-high record twice in the last month itself. BNB started the year at $6.19 and currently trading at $33.68. Litecoin has added around 265.85% to its value from the start of the year. Bitcoin Cash (BCH) the forked sibling of Bitcoin has also risen 186% taking its value from $150 at the start of the year to the current price of around $432.

Cryptocurrency Market Is Thriving and Prices May Go Further Up

2019 has been predicted to be the year of bulls, after bears dominated throughout 2018. The overall market cap of the cryptocurrency market stood at $125 billion at the start of the year, and currently, it is at $273 billion, seeing an increase of 118%. The daily trading volumes have risen a massive 500% from the start of the year as well. On January 1st the crypto space traded $12.6 billion worth of crypto assets and that trading volume jumped to 83 billion by 28th of May seeing a massive surge of 558%.

Bitcoin, the pioneer of the cryptocurrency space was only the sixth largest gainer with a 132% rise in value from the start of the year. Bitcoin started the year at $3,746 and currently trading at around $8638 after seeing a minor price correction earlier today.

The cryptocurrency space has not just made tremendous gains in terms of the value, but also as the preferred investment option over traditional assets. Various trust management and hedging firms have confirmed that new and upcoming traders want to swap their gold reserves for Bitcoin.

The current price movement in the crypto space is speculated to rise further throughout 2019, as the price charts, and key metrics suggest that Bitcoin and other altcoins are mimicking the patterns of 2017 rise. While there have been several speculations about the crypto market seeing another bottom before a full-fledged bull run takes charge, there are many who believe that the market has already passed the bottom, and prices would only go further up.

The best part about the current surge is that most of the naysayers and long term critiques have come around to join on the crypto bandwagon, having realized that the crypto space is thriving and here to stay.

Read Original/a>
Author: Bitcoin Exchange Guide News Team

Vague, Contradictory Crypto Asset Regulations in the United States Risk Top-Tier Innovation to Faulter


The unclear and conflicting regulations on crypto assets are causing great dissension amongst the cryptocurrency companies operating in the United States. It is feared that unless these financial laws are amended and updated, there will be an exodus of highly talented individuals to countries where the regulations offer a friendlier climate to operate in.

Whilst always on the forefront of technology which has seen the setups by Silicon Valley being extremely successful whilst operating within the constituted climate, the same cannot be said of the introduction of blockchain technology in the US.

The SEC (US Securities Exchange) and CFTC (US Commodity Futures Trading Commission) are extremely vigilant of these platforms, which include unlicensed monetary dealings and unregistered securities trading. This added to the conflicting regulations, results in the cryptocurrency issuers, services provided and P2P traders are conflicting with the law without any just cause.

The government has been asked by Poloniex exchange owners, Circle, for US regulators to act with reason failing which people may tend to move towards areas where regulations are clearer. It is believed that this would not be beneficial to US trading.

The online crypto trading markets and digital crypto platforms have made a plea to the US to regulate in such a way to allow creativity amongst technologists and to allow operations on blockchains as opposed to the antiquated laws that were written for guarantees offered by companies and corporations.

The outcome of these regulations has seen cryptocurrency exchanges taking a precautionary view, knowing that any smallest transgression may result in a hefty fine or even closure from trading.

The Rest of The World Makes Hay Whilst America Sleeps

With the uncertainty abounding as to what makes a project’s token a utility, exchanges such as Poloniex have removed coins like DCR (Decred coin) – a digital currency – resulting in other countries taking advantage and seizing the opportunity to tokenize.

Advice From An Expert

Jose Mario Macedo who serves on numerous advisory boards, is a token economics expert and who has helped to develop the blockchain policy, pointed out that the SEC has an obligation to remove glaring financial misdemeanors incurred by the ICO (Initial Coin Offering) and not acting in the same manner towards the tokenized projects that are acting with the goodwill of the people in mind.

It is again the unclear definition in the US of what comprises a security token that has resulted in exchanges no longer operating on crypto assets to avoid being convicted by the SEC. Jose Maria Macedo went on to give the definition of crypto capital as a token which offers entry to something of worth. Crypto assets are described as tokens that do not offer a continuous flow of value. These descriptions, whilst appearing easy to understand, are not totally clear cut and US crypto companies are forced to tread wearily.

Crypto Leaders Address This Problem With The SEC

Fred Wilson, CEO of Union Square Ventures, highlighted that the policy of the SEC is going to have a detrimental effect and force trading and the crypto sector to move to Asia resulting in the technology sector having their headquarters in this region and not in the US.

Late in May, KIN founder Ted Living stated that his operation has launched and was setting aside an amount of $5 m with Coinbase to take on the SEC which he believes are stifling innovation. He has implored other crypto agencies to contribute to the cause as he believes that this amount is not sufficient to take on this huge challenge with the SEC. His wish is for the crypto industry to stand together rather than fight the cause silently.

The recent history of Kin which saw the company raise $100 million via an ICO, could result in a lack of support for this campaign but it is a general feeling that the crypto asset regulation needs to change before the US is left in the wake of those countries who have taken advantage of the evolution of digital currencies and it would take the US many years to catch up if not addressed immediately.

Read Original/a>
Author: Ali Raza

Ethereum Classic (ETC) Announces Astor Network Testnet Mining is Ready in Response to 51% Attack


Ethereum Classic network faced a double 51% attack on its platform in the month of January which led to a loss of $1 million. The attackers were able to accumulate 51% of the hash power required to manipulate the network and continued the attack for several days. The attackers used their control on the ETC blockchain to manipulate a series of deposits on several cryptocurrency exchanges by reversing them. As a result of the attack, Coinbase had to halt ETC trading on its platform.

The developers on the ETC blockchain has come up with the Astor testnet based on ECIP-1059 in response to the 51% attack on the network. The Astor testnet make use of SHA3 or Keccack256 cryptographic signature, as it is a Proof-of-Work [PoW] method. The official Twitter handle for ETC also released a statement on the release of the testnet.

How Would the New Astor Testenet Help in Avoiding 51% Attack in Future

Astor Testnet which leverages ECIP-1059 can recognize the need of the network to branch out from the similar algorithm used by its forked sibling Ethereum (ETH). The importance of ECIP-1059 was explained by Alex Tsankov, DApp Direct’s operator in the blog post. The blog went on to talk about the transparency in the hashing algorithm of the network and noted that the use of SHA3 protocol would promote equal opportunity to the miners around the globe.

Although Proof-of-work consensus is known to prefer those miners who have better and more powerful mining equipment, the community believes that the latest protocol would promote equality in the mining community. SHA3 has been designed by the Keccak team and being touted as a

“safer block production,”

by many.

Tsankov seems to be a big fan of SHA3 as he tweeted,

“SHA3 Mining on Astor Testnet has begun! My 2 CPU miners are currently putting out a combined 435,000 hashes per second. A remarkable performance from SHA3 – a true mark of quality.”

At the time of writing, the average block time for the ETC network stood at 38.80 seconds, and the average network hashrate was at 434.5 KH/s, with the difficulty at 16.84 MH.

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

Read Original/a>
Author: Bitcoin Exchange Guide News Team

Tether Tops Bitcoin’s Trading Volume Again as USDT Plays Its Part in ‘2019 is the Year of Stablecoins’ Motto


The speculation that 2019 will be the year for all stablecoins seems to have begun already as Tether (USDT) recorded transaction volumes matching the ‘King Coin’ Bitcoin (BTC).

On the 28th of May 2019, the cryptosphere witnessed USDT’s 24hr transaction volume surpass that of Bitcoin (BTC) by about $1 billion, USDT recorded a volume of $27.2 billion, while BTC saw a volume of $26.7 billion.

Factors Of The Fall And Rise Of USDT

This hike in Tether trading volume came as a surprise to most as the stablecoin struggled out of the crypto winter. The main cause of this was the recent scandalous Bitfinex and Tether legal issues, which caused a drop in USDT user confidence and investor trust.

The present Tether surge is possibly linked to their announcement of the printing USDT worth about $300 million and also an improved effort to introduce new ICO listings as well as new trading pairs to attract potential new cryptocurrency enthusiasts.

‘whale trading’ could also be a factor to this Tether surge, which could also lead to a huge drop in the future.

Notably, a Twitter user, @lawmaster, a crypto researcher tweeted :

“Something really interesting is happening – there is now a 0.6% discount on Tether, which means that Tether is actually more expensive than USD on all the major exchanges. This started happening late at night yesterday and the discount has been sustained since”

USDT May Surpass BNB

Although Tether has not given any official statement about the stablecoins trading predictions, there is obviously a rise in the stablecoin market.

If the stablecoin keeps on the current rising path, there is a possibility of USDT taking the position of the Binance Coin (BNB) as the 7th largest digital currency on Coinmarketcap.

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

Read Original/a>
Author: Osahon Okodugha