Tag Archives: crypto

Crypto Startups Forked Out 878000 To White Hats In 2018

Crypto Startups Forked Out $878,000 To White Hats In 2018

  
Bitcoin may have been dubbed the
“world’s most secure transaction settlement layer”

by Anthony Pompliano, but the industry surrounding the protocol may not be all too secure. Case in point, crypto startups have forked out over $878,000 in bounty to white hat hackers in 2018, specifically for solving bugs that slipped under the radar.

Crypto Startups Awarded $878,000 To “Goody Two Shoes” Hackers

The Next Web’s Hard Fork column recently reported that over the course of 2018, blockchain firms awarded $878,504 to goody too shoes hackers for rectifying bugs. Block.one, the company behind the crypto juggernaut in EOS, forked out upwards of 60% of the aforementioned sum. Considering that the startup raked in an approximated $4 billion for its EOS token offering, one of the most hyped cryptocurrencies of all-time, it makes sense why Block.one awarded $534,500 to white hats.

Interestingly Coinbase, the seemingly unhackable $8 billion upstart, comes in behind Block.one with $290,381 in paid bounties. But, HackerOne, the cybersecurity platform that compiled the data, didn’t divulge how much of that sum was a result of 2018 bugs, as Coinbase purportedly began its disclosure program in 2014. Justin Sun-headed Tron, which recently surpassed a number of pertinent milestones, has found itself behind Coinbase, allowing white hats to score $76,200. Yet these quintuple and sextuple figures are edge cases, as a HackerOne spokesperson told Hard Fork that “the average bounty [paid] for blockchain companies in 2018 was $1,490, that is higher than the Q4 platform average of around $900.”

Still Vulnerable 

While many crypto projects talk a big game, the bottom line is that many blockchains and cryptocurrency-friendly startups remain vulnerable. As reported by NewsBTC in early-August, Altex, a lesser-known crypto asset exchange, saw its ARQ stash get looted. The platform claimed that it “lost a big amount,” specifically due to a bug that hails from the Monero codebase.

Just two months later, Pigeoncoin (PGN) fell victim to an odd inflation bug, CVE-2018-17144, that allowed a bad actor to whip up 235 million PGN within a day’s time. Interestingly, the bugged line of code comes from the Bitcoin protocol. The issue has since been patched by Bitcoin Core (the software) developers, but this event still shocked consumers en-masse.

Ground-breaking bugs aren’t limited to the small-cap cryptocurrencies. In July, SlowMist, a Chinese cybersecurity firm, claimed that an anonymous user managed to double spend 694 Tether (USDT). According to SlowMist, a transactor was able to gain credit for 694 USDT on an exchange without sending the funds. Upon digging, it was discovered that the issue was the fault of the victimized exchange. Dacoinminister, a founder of the Omni Protocol, which Tether is based on,

wrote:

“It appears that what happened here is that an exchange wasn’t checking the valid flag on transactions. They accepted a transaction with valid=false (which they should not have), and then the second “double spend” transaction had valid=true, which they also accepted.”

Regardless of where this problem originated from, the three aforementioned cases only accentuate the fact that this industry remains nascent. So, this industry’s developers still have a ways to go until crypto is spick and span, and ready for worldwide consumption.

Article Produced By
Nick Chong

https://www.newsbtc.com/2018/12/30/crypto-startups-white-hats-2018/

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Nearly 1000 Cryptocurrency Projects ‘Died’ During This Year’s Bear Market

Nearly 1,000 Cryptocurrency Projects 'Died' During This Year's Bear Market

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  • Coinopsy and DeadCoins have identified nearly 1,000 crypto projects which have "died."
  • Dead projects are those that were scams, never delivered a product, or have very low trading volumes and adoption rates.

  

Approximately 1,000 different cryptocurrency-related projects failed in 2018,

according to data from DeadCoins and Coinopsy. Some of them were relatively well-known bear market victims. Many of the dead crypto projects were outright scams which were orchestrated under the guise of initial coin offerings (ICOs). Included in DeadCoins and Coinpsy’s long list of abandoned and/or fraudulent digital currency schemes is BitConnect, which is considered one of the largest crypto-related Ponzi scheme scams in history.

Coinopsy: 483 Inactive Digital Currency Projects

Deadcoins, which has compiled one of the most comprehensive information sources on inactive cryptos, revealed there are at least 934 digital currencies that are now dead. In July 2018, DeadCoins reported about 800 abandoned crypto tokens. Meanwhile, Coinopsy has found 483 digital currency projects that are no longer active.

According to Coinopsy, a crypto may be considered dead if its token or coin has been abandoned by its founders, was a scam, and/or its website is dead. A crypto project may also be considered dead if its coin has no trading volume or transaction validating nodes to support it, Coinopsy noted. If there are unresolved technical issues with software supporting the cryptocurrency such as problems with wallets used to store it, then the crypto may be considered inactive.

Notably, Coinopsy has categorized dead coins as: ICO Dead Coins, Joke Dead Coins, Abandoned Dead Coins, and Scam Dead Coins. There are currently 113 ICO Dead Coins identified by Coinopsy, meaning these projects launched an ICO but never seemed to have delivered a product or updates regarding their platform’s ongoing development. Crypto tokens may also be classified as dead ICO coins (by Coinopsy) if they were used to carry out pump-and-dump schemes or other types of market manipulation, while not seeing any real adoption.

Wall Street Journal Finds Plagiarized Whitepapers

A Joke dead coin, according to Coinopsy, is any crypto launched with the intention of just being a joke and no serious plans of becoming a useful digital asset. There are presently 17 coins listed as joke cryptos on Coinopsy. Additionally, Coinopsy found at least 40 cryptocurrency projects that were scams and 313 abandoned coins. Coinopsy explains that a token may be considered dead if it ranks below 1000 in terms of market capitalization for 3 consecutive months. A token whose trading volume is below $1,000 for 3 months is also dead, Coinopsy noted.

Recently, the Wall Street Journal (WSJ) looked into inactive crypto projects as well. WSJ’s latest research findings showed that more than 15% of crypto projects that raised funds via ICOs during 2017 and 2018 had plagiarized whitepapers or just copied ideas from other cryptos. There were also a fairly large number of ICO projects that had promised “improbable returns” and then failed to deliver, the WSJ revealed.

Article Produced By
Omar Faridi

I enjoy writing about all topics related to Bitcoin, Blockchain, and other cryptocurrencies. The topics that interest me most are crypto regulations, quantum resistant blockchains, Ethereum and Bitcoin Core development, and scams orchestrated under the guise of ICOs. My academic background includes an undergraduate degree in Computer Science, with a minor in Mathematics from the University of Nevada, Las Vegas. I also possess a Master of Science degree in Psychology from the University of Phoenix.

While completing my coursework, I engaged in independent study programs focused on public-key cryptography and quantum computing. My professional work experience includes working as an application developer for the University of Houston, data storage specialist at Dell EMC, and as Teacher of Mathematics in the United States, China, Kuwait, and Pakistan.

https://www.cryptoglobe.com/latest/2018/12/nearly-1000-dead-cryptocurrency-projects-identified-by-coinopsy-deadcoins/

 

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Survey Finds 14 of Chinese Citizens Have Invested in Cryptocurrencies

Survey Finds 14% of Chinese Citizens Have Invested in Cryptocurrencies

  

A survey conducted by Panews has found that 14% of Chinese citizens

have invested in cryptocurrencies. The survey also found that 98% of respondents indicated familiarity with the concepts of cryptocurrency and bitcoin – 3% more than those who stated that they had heard of blockchain technology.

Panews has published the findings of a survey that queried 4,200 Chinese citizens on their familiarity and opinions regarding Bitcoin and cryptocurrencies. The survey found that just 75 respondents had not heard of cryptocurrency or blockchain technology, equating to roughly 2% of the survey’s sample. The survey also found that 40% of respondents expressed a willingness to invest in cryptocurrencies in the future, despite nearly 83% of the sample describing cryptocurrency investment as a new trend.

14% of the sample, or 598 respondents, stated that they have invested in cryptocurrencies, nearly 70% of whom purchased their crypto via an exchange platform. 266 respondents came to possess their crypto through airdrops, followed by mining, with 263. The sample indicated that social media is the dominant means through which Chinese citizens have become exposed to cryptocurrencies, with 38% of respondents claiming familiarity with crypto stating that they became exposed to such through social media, followed by “relatives and friends” with 26%. Panews also noted that the majority of respondents associated cryptocurrencies with investment products primarily, and not as a medium of exchange.

Cryptocurrency Moving Towards Becoming Household Concept in China

While 4,125 respondents indicated familiarity with the concepts of cryptocurrency, Bitcoin, and blockchain technology, only 372 individuals described themselves as possessing a strong understanding of pertinent topics, amounting to roughly 9% of all respondents. Only 17 respondents claimed not to have heard of cryptocurrency, while 103 stated that they were unfamiliar with Bitcoin. 60% of respondents described common perceptions regarding the complexity of exchanging and storing cryptocurrency as the primary barrier to greater crypto adoption.

Overall, the study found that bitcoin and cryptocurrency have made significant strides toward penetrating mainstream economic discourse in China, asserting that “the cryptocurrency industry has made considerable progress in the public’s cognitive level” since “the early days.”

Article Produced By
Samuel Haig

Samuel Haig is a journalist and entrepreneur who has been completely obsessed with bitcoin and cryptocurrency since 2012. Samuel lives in Tasmania, Australia, where he attended the University of Tasmania and majored in Political Science, and Journalism, Media & Communications. Samuel has written about the dialectics of decentralization, and is also a musician and kangaroo riding enthusiast.

https://news.bitcoin.com/1-7-chinese-invested-cryptocurrency/

 

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Bank of England Poll Finds Most Prefer Cryptocurrency Over Cash as a Gift

Bank of England Poll Finds Most Prefer Cryptocurrency Over Cash as a Gift

  

Respondents to a Twitter poll from the Bank of England

overwhelmingly chose cryptocurrency as their favorite way to receive money as a Christmas gift. Launched on December 17, the poll asked people to choose between digital currency, cash, bank transfer, and a gift voucher. 75% of the 16,799 voters said they prefer digital currency, while 18% responded with cash. The poll ended on December 24. The comments on the Twitter thread centralized around what type of cryptocurrency people would want.

If you receive money as a gift at Christmas, what’s your favourite way to get it? How will we use money in years to come?

18%Cash
5%Bank transfer
2%Gift voucher
75%Digital currency
 

Most said bitcoin was an obvious choice, but a few indicated they would like to receive altcoins like Litecoin or Ethereum.

Polls Suggest Long-Term Interest In Cryptocurrency

Even though markets have suffered in 2018, a couple of polls still suggest people are excited and interested in cryptocurrency for the future. CryptoGlobe reported on an AEVI poll from October that asked respondents to choose what would win the “payments race” for 2018. 68% responded with cryptocurrency. 16% said it would be “card.”

Former congressman Ron Paul posted a Twitter poll in November that asked people what store of value they would choose to receive a $10,000 gift in if they could not have access to it for a decade. Bitcoin was the choice for half of the 94,894 respondents. 37% said gold, while 11% picked U.S. 10-year Treasury Bonds.

Bank Of England Wary Of Cryptocurrency

Some people found the Twitter poll from the Bank of England interesting because of the central bank’s reservations towards crypto. In June, it released a letter to bank CEOs, insurers, and investment firms to warn about how crypto-assets “may give rise to reputational risks.”

An official noted how crypto-assets have had high volatility “in their short history” and run the risk of becoming vulnerable to fraud, manipulation, money-laundering, and terrorist financing. The letter did note the technologies underpinning cryptocurrency maintain “significant potential to benefit the efficiency and resilience of the financial system.” A spring survey from UK market research company D-CYFOR found how most Britons would not support a Bank of England-backed cryptocurrency linked to the British pound.

Article Produced By
Kevin O'Brien

Kevin has lived and worked in five countries and enjoys collecting autographs and playing musical instruments.

https://www.cryptoglobe.com/latest/2018/12/bank-of-england-poll-finds-most-prefer-cryptocurrency-over-cash-for-christmas/

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Crypto Bear Market Triggers Rise in MampA Activity

 Crypto Bear Market Triggers Rise in M&A Activity
 

In 2018 there was a rapid decline in initial coin offerings,

a slowdown in blockchain business launches, and a bearish crypto market. During this period, companies with good liquidity have been scaling up and strengthening by acquiring startups. 

 M&A Deal Frenzy in 2018

In 2017 the number of cryptocurrency and blockchain companies that launched more than doubled compared to the year prior. The current bear market that has since come to characterize 2018 has proven the ideal time for institutional investors and venture capitalists to make a land grab and acquire innovative startups. 

There’s been something of a deal frenzy involving cryptocurrency and blockchain-related companies seeing mergers and acquisitions (M&A), which have increased by 200 percent in 2018. M&A is the lifeblood of Wall Street and this activity is expected to continue to accelerate within the cryptosphere as we head into 2019. 

In an interview with news.Bitcoin.com, Danish Saxo Bank founder Lars Seier Christensen revealed that he is actively searching to acquire crypto businesses, saying: “I am also looking at a couple of serious fund vehicles that do extensive research across the space. Because of course there will be some gold nuggets that have been dragged down unfairly in this bear market as happens in all bear markets.” 

According to JMP Securities’ head of blockchain and digital assets investment banking, Satya Bajpai, the industry is witnessing a “land grab” for innovative technology, access to new markets, intellectual property, and talented employees through M&A, reports CNBC.  The most recent data from JMP Securities and data from Pitchbook shows 115 deals have already been announced globally this year, with roughly 30 more expected by the end of this year. This compares with just 47 mergers and acquisitions that were completed in all of 2017. 

Rundown of Key M&A Deals From 2018

There have been a number of key crypto and blockchain acquisitions this year, with one of the most active companies being Coinbase. The California-based exchange has not allowed diminished trade volumes to keep it from actively acquiring startups. Earlier this year, there were also rumors about a potential acquisition of Coinbase by Facebook, though this appears to have been little more than speculation. Coinbase acquired decentralized ERC20 trading platform Paradex. The company also acquired Earn.com for an estimated $100 million, a platform that lets users receive cryptocurrency for answering emails and completing tasks. Another notable acquisition involved Goldman Sachs startup Circle which acquired cryptocurrency exchange Poloniex.

Coinsource, a Texas-based cryptocurrency ATM operator, became the first digital asset ATM provider to be granted a Bitlicense in the state of New York. Japanese insurance group Sompo Holdings acquired a 10 percent stake in Bitpesa, a Kenyan digital currency exchange and payments company. Trade.io acquired British brokerage firm Primus Capital Markets for an undisclosed amount to offer BTC-backed Forex trading. Consensys, the software company established by Ethereum co-founder Joseph Lubin, acquired struggling space startup Planetary Resources.

Japanese mega ecommerce and internet company Rakuten Inc. entered the crypto space by acquiring an existing crypto exchange to fast-track its wat into the Japanese cryptocurrency market. Shapeshift completed the acquisition of Bitfract, a software firm which operates a service that allows users to swap from one cryptocurrency to many in an instant. Ernst & Young, one of the major global accounting firms, acquired technology assets and related patents from Elevated Consciousness.

Blockchain research and development firm Nchain announced the acquisition of a majority stake in the Bitcoin Cash-centric startup Handcash. Chinese bitcoin company BTCC was acquired by a Hong Kong-based investment fund. It seems the market downturn that has pervaded through 2018 has been the ideal time for large corporations to snag a good deal and secure a stake in the future of the rapidly developing crypto space.

Will M&A activity continue to accelerate as we head into 2019? Let us know in the comments section below.

Article Produced By
Tanzeel Akhtar

Tanzeel Akhtar is a British journalist covering financial markets for over a decade. She writes across all media platforms from traditional print newspapers to online media platforms such as Bitcoin.com. Tanzeel came across the concept of Bitcoin in 2012 while eavesdropping in on a conversation at a London wine bar called The Arches.

https://news.bitcoin.com/crypto-bear-market-triggers-rise-in-ma-activity/

TP

Crypto Zooms Past Paper to Draw More Users As Checks and Money Orders Lose Steam

Crypto Zooms Past Paper to Draw More Users As Checks and Money Orders Lose Steam

  

A new study reveals that cryptocurrency has surpassed

mailed checks and money orders as a way of sending money overseas. According to Clovr, 15% of respondents say they’ve used cryptocurrency to send money, while 11.8% say they’ve mailed checks and money orders.

More than half of the 707 people surveyed identify PayPal and Western Union, among other online services and traditional money transfer companies, as the most common way to send funds for food, household items and housing for friends and family living abroad.Traditional wire transfers, prepaid cards, cash and post office wire transfers round out the top methods for sending remittances.

Top Methods for Sending Remittances Abroad
  1. Online services (i.e. PayPal) – 51.0%
  2. Money transfer services (i.e. Western Union) – 50.9%
  3. Traditional wire transfer (via bank or credit union) – 25.7%
  4. Cryptocurrency – 15.8%
  5. Prepaid card – 12.2%
  6. Check or money order (via mail) – 11.8%
  7. Check or money order (online) – 11.5%
  8. Cash (via mail) – 8.9%
  9. Traditional wire transfer (via post office) – 6.1%
  10. Other – 1.9%

The study, conducted using Amazon’s Mechanical Turks to crowdsource data, also reveals high fees for sending money through traditional means. In order to send $500 abroad, banks charge an average of $52.05. Money transfer operators charge $30.75. The post office charges $34.05, and mobile operators charge $16.

The average person sends $3,315 per year and pays $585.99 in fees. Over 15% of people who used traditional wire transfers, paying the highest fees, reported being dissatisfied, while 10.4% of those who used money transfer services, with lower fees, reported dissatisfaction. The number one reservation respondents have about using cryptocurrency is that they don’t know enough about the technology. The second most common reservation is worrying the recipient won’t be able to use the crypto to buy goods.

Mexico, China, India, the Philippines and Vietnam were the top five countries to receive remittances from the US in 2017, for an estimated $150 billion sent, according to the World Bank. According to Dilip Ratha, head of KNOMAD, a World Bank initiative for Global Knowledge Partnership on Migration and Development,

“While remittances are growing, countries, institutions, and development agencies must continue to chip away at high costs of remitting so that families receive more of the money. Eliminating exclusivity contracts to improve market competition and introducing more efficient technology are high-priority issues.”  The World Bank estimates that almost $150 billion in remittances was sent abroad from the US in 2017.

Article Produced By
Altcoins

https://dailyhodl.com/2018/12/26/cryptocurrency-use-for-remittances-leaves-checks-and-money-orders-in-the-dust-study/

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Cryptocurrency Used by Nearly 40 of FreelancersLightning Network Growing Despite Crypto Winter’ Up 300 This Month

Cryptocurrency Used by Nearly 40% of Freelancers

A survey of 1100 freelancers recently conducted by Humans.net,

found that cryptocurrency is becoming extremely popular among the self-employed. According to the study, 38% of the 1100 people surveyed said that they have used cryptocurrency before, while 41% had never used the technology, and only 24% had never heard of it. For many freelancers, cryptocurrency is appealing because there are no intermediaries for payments, even for international transactions, which are typically slow and costly.

Some of the advantages that freelancers found in crypto were illustrated  below

Freelancers are also drawn to the technology because it allows them to deal with clients who they may not know or trust. Humans.net also found that 29% of freelancers would actually prefer to be paid in crypto than through the legacy banking system. 11% of those surveyed said that they would like to receive a portion of their income in cryptocurrency, while 18% said that would prefer to receive their entire income through crypto. Earlier this month, Humans.net announced that they will be using blockchain technology for their freelancing platform. Founder and CEO of Humans.net, Vlad Dobrynin,

told Coinpedia that:

"We are using an advanced AI to drive the search process on the platform which will radically alter how we connect online with peers and businesses. People will get swift and accurate search results irrespective of geographical location. By leveraging decentralized networks, power is given back to users ensuring no one can use their data without their permission. In today’s world of data driven economies, this is a radical but far-reaching step."

Article Produced By
John Vibes

John Vibes is an author and activist who has been writing for various online publications since 2012. In his research of central banking and the financial system, John discovered cryptocurrency, and has since taken a special interest in the technology. In addition to his writing and activism, John also hosts a number of large events and helps first time authors publish their own books.

https://www.cryptoglobe.com/latest/2018/12/lightning-network-growing-despite-crypto-winter-up-a-whopping-300-this-month/

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Lightning Network Growing Despite ‘Crypto Winter’, Up 300% This Month

Bitcoin’s second-layer settlement solution, the so-called Lightening Network,

is growing by leaps and bounds, even as the preeminent cryptocurrency sinks in value versus fiat currencies to new yearly lows. The Network has grown in the last 30 days across all metrics: in terms of the amount of nodes, channels, and bitcoin living on the network, according to the 1ML statistics website dedicated to tracking the network.

The amount of bitcoin stored on the network is of particular note, growing a whopping 300%+ in just one month. Nearly $1.6 million worth of bitcoin, in current valuation, is now stored in Lightning channels. The number of channels is up over 40% versus last month, to 13,000; and the number of nodes is up 9.5%, to about 4,400 nodes. Longhash reports that the amount of Lightning channels has increased sixteen times since the start of 2018. Users store bitcoin in Lightning Network payment channels, in order to have it ready to conduct peer-to-peer transactions off-chain. Once the channel is closed, the transactions are then settled on-chain – on the Bitcoin blockchain.

All About Lightning

The news comes as a ray of sunny good news for those still watching the cryptoasset industry and its developments – except, of course, if one is in the camp that opposes off-chain solutions for Bitcoin’s scaling problems. The question of how to scale the Bitcoin network – on-chain or off-chain – is a long standing bone of contention that mostly prompted last year’s fork of Bitcoin to Bitcoin Cash. The issue prompted one of Bitcoin’s earliest developers, Mike Hearn, to quit his role in development and completely leave the space a couple of years ago. Opponents of the Lightning solution argue that all transactions should be stored on the blockchain, with their prefered solution being to increase the file size of blocks.

It is important to note that not only bitcoin can be sent using the Lightning Network. Other blockchains can transact on the Network if they support its protocol. The Lightning Network also has a mobile solution called Neutrino in development, which is operational at an alpha stage.

Article Produced By
Colin Muller

Colin studied history and political economy at some pretty good universities. He also did other things. He thinks changing the nature of money will change the nature of humanity. 

https://www.cryptoglobe.com/latest/2018/12/lightning-network-growing-despite-crypto-winter-up-a-whopping-300-this-month/

TP

Is Markethive potential going to eclipse even the greatest expectations?

Is Markethive potential going to eclipse even the greatest expectations?

Consider this

Marketo, Inc. is a software company focused on account-based marketing, including email, mobile, social, digital ads, web management, and analytics.

Marketo is an Inbound Marketing platform similar to ours, but lacking social network integration, lacking commerce portals and built upon a central database system not decentralized as a our blockchain does,  just sold to Adobe for 4.75 Billion dollars.

FOUR BILLION and SEVEN  HUNDRED and FIFTY MILLION DOLLARS ($4.75 BILLION)  let that sink in.

https://www.cnbc.com/2018/09/20/adobe-confirms-its-buying-marketo-for-4point75-billion.html

Marketo is a high-end system in that they charge upwards of $25,000 per month per subscriber depending upon the magnitude of data (read email addresses and contacts) you acquire within the system.

Markethive does not charge for the same thing, it is always free and built to empower you to achieve individual sovereignty. Rather Markethive is built upon the blockchain, has its own economic environment with its own coin and by the nature of what we do, our economic velocity produces valuable revenue. This transformation allows our subscribers to achieve financial autonomy within the system by the very nature of our crypto assets.

The fact that Markethive has growing revenue puts us in the top 5% of all the other Altcoin block chains (many of them in one stage or another in an ICO). The fact our Alexa ranking is under 55,000 ranks us number 6 in CoinMarketcap’s 100 top coin systems like Bitcoin, Ethereum, XRO, EOS, Stellar, Monero, etc. The fact we already have a growing and active community puts us in the top 10%

And we have not even launched our Crowd Funding Campaign (like an ICO) yet. Ours will be a little different called an ILP similar to the BOD we did years ago. But with all of this advantage, it is easily understood, Markethive’s crypto blockchain crowdfunding launch will probably break records:


Like EOS (https://eos.io/) a smart contracts ICO altcoin that raised $4.1 billion for a smart contracts blockchain. They have an Alexa ranking of 65,089 and just launching their first Toolkit online after a year from their initial launch. They do have big names behind them, point is, they are still mostly promise.


Like Telegram (https://telegram.org/)  who raised $1.7 billion for encrypted messaging and blockchain ecosystem which they have launched and have grown to over 900 million in less than a year because they delivered. They have an impressive Alexa ranking of 336. They have virtually killed Skype and came out of nowhere.


Like Dragon (https://drgtoken.io/) a decentralized currency for casinos raised $320 million and to date are partnering with major casinos to develop but have yet to deliver. Alexa ranking of 763,015



I use these examples to illustrate the unbelievable potential that has materialized for
Markethive primarily because of the advent of the blockchain.

Markethive is a Market Network (next generation social network)

https://techcrunch.com/2015/06/27/from-social-to-market-networks/

We are a blockchain next-generation social network now being identified as a Market Network. We own our code. Our blockchain has just recently been completed and we are now developing our wallet. We are yet to launch our ICO (actually we are launching a better alternative called an ILP) but we are doing it right.

Our plan has been to build into our wallet app into an advanced secure communications platform, a chat and messaging but more of a webinar conferencing platform, similar to Zoom but secure and private running on the blockchain.

Then to our total astonishment, the only peer to peer advanced webinar platform, which runs on all systems, Windows, Apple, IOS, Droid and Linux on all browsers in HTML5 fell into our laps we were franklin shocked and amazed. We are buying the company and this acquisition will catapult Markethive beyond all expectations crushing any competition that even comes close to our ecosystem, an ecosystem for the 5 billion entrepreneurs in the world.

We want to open up this acquisition to 10 of you to partner in this deal with us. Want to know more? Come to our webinar rally this weekend. See the calendar here: http://markethive.com

I am building Markethive to be as much yours like the rest of us. This is what the Entrepreneurs upgrade represents. If you have an Alpha or BOD system you will also participate in this member ownership as well. I highly suggest all of you start attending as the gears are beginning to turn faster and faster and you do not want to miss the ride of your life.

Markethive’s potential, considering what I have just shown you will be greater than you can imagine. Do not miss this.

 

Thomas Prendergast
CEO FOUNDER

Douglas Yates
CTO FOUNDER

Martkethive Inc.

TP

Markethive hosting several Webinars This Weekend

This Saturday I will be hosting several live webinars. Check the calendar for your times and room link access.

 

The New Back Links Control Panel
Organize your accounts like a Password Wallet
Build and Track a huge back link program
Monitor your back links and be notified if a link breaks

Join in the tutorial today at 2 pm (central)

 

The New Entrepreneur Program!
What Changed?
What’s New?
What Happened to Alpha?

Find out today at 5 pm (central)

 

Building Capture Pages for the Entrepreneur
Reviewing the templates available
Setting up the Profile Page Widgets
Customizing your own Domains

Find out today at 7 pm (central)

 

Sunday we have two Markethive Pre Blockchain reports

The New Markethive Economy
@ 10 am (central)

Markethive Launch Updates
@ 5 pm (central)

 

All meetings are accessed via the Markethive Calendar. The Calendar is now available without logging in @ http://markethive.com

For those needing support, perhaps you have trouble getting logged in, lost your account, or want to stay connected via Telegram join our support group here
https://t.me/markethive_support

Stay current with our latest blog posts on our Telegram Channel Here:
https://t.me/markethive

 

I look forward to serving you this weekend

Thomas Prendergast
Founder

TP

Cred App Allows Micro-Investment’ in Cryptocurrencies

Cred App Allows ‘Micro-Investing’ in Cryptocurrencies

Cred is launching a mobile app that allows people to invest small amounts of money in cryptocurrencies. The iOS and Android app is aimed at solving problems around access and transparency associated with buying cryptocurrencies.

Santa Monica, California-based Cred said it has created a “micro-investing” platform to ease access to cryptocurrencies, which have become a hot (and sometimes cold) commodity as people seek to replace cash in the digital era.

With the Cred app, investors can round up the amount they spend on everyday purchases to the nearest $1, $2 or $5 and invest the extra money in cryptocurrency. For example, if an investor who rounds up to the nearest $1 spends $3.55 on an iced coffee, the Cred platform will automatically invest 45 cents in cryptocurrency.

Cred founder Brendon McQueen believes that consumers often feel intimidated when looking to invest in cryptocurrency, due to a lack of education about the industry, confusing product offerings, and reluctance to trust crypto offerings.

The company believes it is uniquely positioned to address these issues by offering an easy-to-use platform that allows users to invest in cryptocurrency, track their progress, learn about each coin prior to investing, and receive daily market recaps and news updates. For its initial rollout, Cred is launching in California, Missouri, Massachusetts, and Montana, with more states being introduced in the coming months.

About 69 percent of people in the U.S. expect the price of Bitcoin to rise in the next five years, but only 5 percent own Bitcoin, according to a Global Blockchain Business Council survey of 5,000 respondents. The high prices of cryptocurrencies, complicated platforms, and lack of education can make the space intimidating for first-time investors.

After signing up and following familiar KYC protocol (know your customer, an anti-money-laundering protocol), Cred presents investors with a variety of cryptocurrency options, such as Bitcoin, Ethereum, XRP, Litecoin, Komodo, and ZenCash — as well as tokens, including Worldwide Asset eXchange’s WAX and Neblio’s NEBL.

In the app, each coin offering includes a graph that can be expanded to show the coin’s price over the last 24 hours, a month, and all time. Users can then press a “Learn” button, which describes each token’s purpose, as well as its history and relevance in the industry. Investors can then select the type of currency they are interested in and choose the amount of money they want to round up from a purchase.

Investors can also set up recurring investments, including on a weekly or monthly basis. Transactions are capped at $2,000 per month to start, which helps add peace of mind for first-time investors averse to spending large sums. Lastly, investors can make a one-time transaction.

“I’m thrilled to finally offer a non-intimidating space for consumers to get involved in cryptocurrency,” said McQueen, who serves as Cred’s CEO, in a statement. “There’s an obvious gap in the market: People aren’t investing in cryptocurrency because they think it’s too complicated and complex. Cred creates a tangible space for people to take advantage of cryptocurrency at any level of experience without having to be an expert. Our platform is clear, quick, and educational — helping us reach our mission of democratizing cryptocurrency and bringing it to the masses.”

Cred is currently partnering with 13 cryptocurrency platforms and coins — including Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Stellar, Monero, Dash, Komodo, Wax, Neblio, and ZenCash — and the company continues to seek out interesting coins and projects to add to its platform.

“We are super excited to be partnering with Cred, as they offer a unique micro-savings and micro-investment platform that will help onboard a whole new segment of cryptocurrency users,” said Steve Lee, chief marketing officer at Komodo, in a statement. “Komodo has long been committed to the global adoption of blockchain technologies and enabling real world usage. Through our partnership, Komodo and Cred will be able to lower the barrier-to-entry into cryptocurrency for the mass market and offer a fiat gateway for KMD in the U.S.”

Cred was founded in April 2018 and has 10 employees. The company has raised $1 million to date. McQueen previously founded and led Tuition.io, a market leader in student loan employee benefits.

Article originally posted:
VB (Venture Beats): https://venturebeat.com/2018/07/31/cred-app-lets-you-micro-invest-in-cryptocurrencies/
by: @DEANTAK   JULY 31, 2018   7:00 AM

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