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Friday, August 30, 2019

#CryptoCorner: Binance Announces Binance X, Telegram Expecting to Release TON Code on Sept 1 and Samsung’s Galaxy S10 Adds Stablecoin Support


#CryptoCorner: Binance Announces Binance X,  Telegram Expecting to Release TON Code on Sept 1 and Samsung’s Galaxy S10 Adds Stablecoin Support




Point Roberts, WA, Delta BC, August 30, 2019 -  Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving the cryptocurrency market .




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August 30 Crypto Corner

Stocks discussed: (KSE:005930)

Crypto exchange giant Binance announced Binance X yesterday. The project is described in a blog post as “a new initiative to foster innovation on the Binance platform and blockchain ecosystem at large”. Binance X will see an expansion in the company’s suite of products, including: an exchange, blockchain and crypto education, a charity foundation, an information platform, an incubator for top blockchain projects, a token launch platform, institutional-grade analysis and reports, and an official crypto wallet. An excerpt from the blog post reads:

Our core exchange already has APIs to programmatically access exchange functionality. And that includes margin trading and very soon will also include lending and futures as well. Beyond the exchange, we also have a multi-chain, non-custodial wallet called Trust Wallet, a public blockchain with native DEX capabilities called Binance Chain, and a platform that tracks charitable donations via the blockchain offered by our Binance Charity Foundation.

In other words, we have become a platform that third-party developers can build and leverage for their own products and services. As a platform that is rapidly evolving, there is a need to provide a cohesive way to engage and support developers in our ecosystem, and thus, Binance X is conceived.

Binance has also released a report analyzing expected characteristics of China’s central bank digital currency (CBDC). According to the report the currency will operate on a two-tier system, wherein “…the first layer, the PBoC would issue and redeem China’s CBDC via commercial banks” and “On the second layer, commercial banks would be responsible for re-distributing China’s CBDC to retail market participants”. An excerpt from the report conclusion reads:

The Chinese Central Bank Digital Currency (CBDC) is a proposed digital legal tender centrally issued by the People's Bank of China (PBoC), backed 1:1 by fiat reserves. It aims at replacing the M0 supply, through the digitization of cash and hence, would also rely on the credibility of the central bank. Some of its core features relate to manageable anonymity and encryption along with China’s CBDC not necessarily requiring a bank account (but may require KYC) to use the currency.

CoinDesk reports that messaging app Telegram is expecting to release the code required to run the company’s Telegram Open Network (TON) blockchain project on September 1. This was gleaned from unnamed sources affiliated with the project. An excerpt from the report reads:

With the upcoming code release, a broader range of users will be able to run their own nodes. Users can only run nodes on testnet, with a mainnet launch expected for Oct. 31, according to the purchase agreement for Telegram’s 2018 token sale.

News outlet UÂș Today reports that Samsung’s (KSE:005930) Galaxy S10 will support 33 digital coins in total. Binance Coin (BNB), as well as the stablecoins TrueUSD (TUSD), Maker (MKR) and USD Coin (USDC), have all been added for the phone’s wallet support.

Sam Mowers, Investorideas

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About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and  sector trends  from Investorideas.com with our news alerts , articles , podcasts and videos  talking about cannabis,  crypto,  technology including  AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change Podcast and  the AI Eye Podcast and column covering developments in AI. 

The Investorideas.com podcasts are also available on iTunes,  Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

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Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.
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Cryptocurrency Disclaimer
Investorideas.com news content is not meant to be a solicitation to buy or sell cryptocurrencies and Investorideas.com does not directly sell cryptocurrencies; but acts as a news and research resource for interested investors following the blockchain sector.

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Thursday, August 29, 2019

#CryptoCorner: BTC Loses $10K Support for Monthly-Low Trading Price, China Not Launching CBDC in Coming Months, BitTorrent Testing Live Streaming Platform



#CryptoCorner: BTC Loses $10K Support for Monthly-Low Trading Price, China Not Launching CBDC in Coming Months, BitTorrent Testing Live Streaming Platform




Point Roberts, WA, Delta BC, August 29, 2019 -  Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving the cryptocurrency market .




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August 29 Crypto Corner

The crypto market has suffered a considerable drop in the last 24 hours, with Bitcoin (BTC) losing around $500 alone in less than an hour yesterday, according to data from CoinMarketCap. Bitcoin is currently trading for $9,490, its lowest trading price in a month, after failing to reclaim support around $10,000. Altcoins were hit harder still, with Ether (ETH) and Litecoin (LTC) falling roughly 10 percent in the same period. At press time, the total crypto market capitalization is $246 billion, which is $20 billion less than this time yesterday.

Chinese state-run English-language news outlet the Global Times tweeted that recent news of the People’s Republic of China issuing a central bank digital currency (CBDC) is wrong.

Refuting media reports of launching a state-backed cryptocurrency in the coming months, #China's central bank termed them as "inaccurate speculation."

This is at odds with a report from China Internet Information Center, itself an authorized government source, which claimed that such a currency was soon to launch.

The nominee for the chairmanship of South Korea’s top financial regulator expressed a cautious approach to cryptocurrencies, according to local outlet Chosun Ilbo. A loose translation reads:

"Incorporating virtual currency into institutional finance may cause side effects such as recurring speculative fever and money laundering issues. There needs to be a legal basis for this first.”

"Currently, the virtual currency exchange is established and operated autonomously in the market, but I know there is a movement to strengthen regulations such as the introduction of the declaration system to protect investors internationally. There is a need for an early revision of the Act on Specific Financial Information Act, which is mainly focused on strengthening the duty of anti-money laundering in the handling business."

Cointelegraph reports that Portugal’s Tax Authority will not tax cryptocurrency trading or payments made in crypto. The country’s Tax and Customs Authority confirmed that crypto transactions or payments are exempt from Value Added Tax (VAT), citing a 2015 ruling by the European Court of Justice which argued for Bitcoin’s status as a form of payment and thus not taxable.

Peer-to-peer file sharing protocol BitTorrent, which is a subsidiary of blockchain firm TRON, will begin testing a live streaming platform, according to a blog post yesterday. Called BitTorrent Live, or BLive, the new service will allow tipping in cryptocurrency, among other features. Justin Sun, founder of TRON and CEO of BitTorrent, explained:

“With the continuous growth of telecommunication technology and social media, livestreams have gained a tremendous edge and have become the dark horse of online communication. It gives rise to outstanding content creators who have thousands of followers but don’t get their fair share of advertisements and virtual gifts.”

Sam Mowers, Investorideas

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More info on the sector:
Investor Ideas is positioning as a  leader in blockchain and crypto content with its Bitcoin and Blockchain portals Bitcoinandblockchainstocks.com, Cryptocurrencyinvestorideas.com and Blockchaininvestorideas.com

For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and  sector trends  from Investorideas.com with our news alerts , articles , podcasts and videos  talking about cannabis,  crypto,  technology including  AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change Podcast and  the AI Eye Podcast and column covering developments in AI. 

The Investorideas.com podcasts are also available on iTunes,  Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

Visit the Podcast page at Investorideas.com:

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

Cryptocurrency Disclaimer
Investorideas.com news content is not meant to be a solicitation to buy or sell cryptocurrencies and Investorideas.com does not directly sell cryptocurrencies; but acts as a news and research resource for interested investors following the blockchain sector.

Copyright and ownership: Crypto Corner is an Investorideas.com content brand

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Wednesday, August 28, 2019

#CryptoCorner: Gemini Joins Silvergate Exchange Network, Telegram to Issue Digital Currency within Two Months, Swiss #Crypto Firm Sygnum Aiming for Banking License in Singapore


#CryptoCorner: Gemini Joins Silvergate Exchange Network, Telegram to Issue Digital Currency within Two Months, Swiss #Crypto Firm Sygnum Aiming for Banking License in Singapore




Point Roberts, WA, Delta BC, August 28, 2019 - Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving the cryptocurrency market .




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August 28 Crypto Corner

Crypto exchange Gemini has joined payments platform Silvergate Exchange Network (SEN), according to a blog post yesterday. SEN allows Gemini’s institutional clients to “deposit and withdraw U.S. dollars to and from their Gemini account in real-time; 24 hours a day, 7 days a week, and 365 days a year”. The post also notes that Gemini is fully integrated with SEN’s application programming interface (API), allowing the firm to process deposits and withdrawals automatically and instantaneously.

The New York Times reports that messaging app Telegram plans to issue its own digital currency, called the Gram, within the next two months. The Times was told by three anonymous sources that Telegram also plans to make Gram digital wallets available to the platform’s 200 million to 300 million global users. Anticipating the Libra-like scrutiny that Telegram will receive once this project goes public, the Times quotes Richard Levin, who specializes in cryptocurrencies law at the law firm Polsinelli:

“Anyone trying to build this type of token system has to be careful on any number of levels with regulators. I suspect that regulators will take a very close look at this offering.”

Bloomberg reports that Swiss crypto firm Sygnum is speaking with regulators in Singapore, in hopes of obtaining a capital markets services license. Sygnum has recently been granted a conditional banking and securities dealer license from regulators in Switzerland. Sygnum co-founder Gerald Goh said:

“In order for us to provide a full suite of services, we need to operate as a bank.”

Fellow co-founder and company CEO Mathias Imbach explained the importance of attaining status as a bank:

“We have been approached over the past few months by many parties who hold a lot of cryptocurrencies and look for a fully regulated bank. One of their biggest challenges is to find banking specialists to connect them to the real world, to pay their taxes, their employees’ salary.”

Venezuelan pharmacy chain Farmarket has begun accepting payments in DASH, according to an announcement from the Dash Core Group. Payments are made possible through the deployment of the XpayCash POS, a payment system that is operated by Panda Exchange and allows users to pay with Dash in instant transactions, using Dash’s InstantSend technology. Ryan Taylor, CEO, Dash Core Group, commented:

“Enabling Dash payments at Farmarket is a massive step in growing our ecosystem of retailers. Dash users can now pay for essential products and medicines at a well-known and trusted pharmacy brand. We expect our partnership with Panda in Colombia and Farmarket in Venezuela to be a substantial move toward a purchase driven economy, where not only Venezuelans in Caracas will be able to pay directly in stores with Dash, but also their relatives in Colombia and elsewhere will be able to buy medicine from abroad and resolve health issues for their relatives and loved ones.”

Sam Mowers, Investorideas

Read other editions of the  Crypto Corner

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More info on the sector:
Investor Ideas is positioning as a  leader in blockchain and crypto content with its Bitcoin and Blockchain portals Bitcoinandblockchainstocks.com, Cryptocurrencyinvestorideas.com and Blockchaininvestorideas.com

For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and  sector trends  from Investorideas.com with our news alerts , articles , podcasts and videos  talking about cannabis,  crypto,  technology including  AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change Podcast and  the AI Eye Podcast and column covering developments in AI. 

The Investorideas.com podcasts are also available on iTunes,  Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

Visit the Podcast page at Investorideas.com:

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

Cryptocurrency Disclaimer
Investorideas.com news content is not meant to be a solicitation to buy or sell cryptocurrencies and Investorideas.com does not directly sell cryptocurrencies; but acts as a news and research resource for interested investors following the blockchain sector.

Copyright and ownership: Crypto Corner is an Investorideas.com content brand

Learn more about our news, PR and social media services at Investorideas.com

Follow us on Twitter https://twitter.com/Investorideas
Download our Mobile App for iPhone and Android  

Contact Investorideas.com
800-665-0411







Get more Bitcoin and Blockchain Investor ideas  – news, articles, podcasts  and stock directories 










Investorideas.com - Cryptocurrency Stock News: Hut 8 (TSX: HUT) (OTCQX: HUTMF) Announces Installation of New Equipment

Investorideas.com - Cryptocurrency Stock News: Hut 8 (TSX: HUT) (OTCQX: HUTMF) Announces Installation of New Equipment www.investorideas.c...