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Sounds of banning cryptocurrencies to government officials are rising

Pressure is mounting in China and South Korea to block government officials from accessing cryptocurrency, thereby preventing them from using espionage, bribery, and other malicious activities.. These threats and reports are behind the three big Asian countries, China, South Korea and Japan, trying to take strict measures regarding cryptocurrencies.. Although it is considered a dictatorial decision by the South Korean government to ban the use of cryptocurrencies to civil servants and their families, it is quite natural that the number of civil servants in the region who can spy and sell government information using cryptocurrencies is quite high, and that the whole world pays large sums to government officials to get this information.

The majority of citizens living in Asian countries say that lessons should be learned from previous events, that cryptocurrencies should never be banned for normal citizens, but that it is better to prevent people who are still in civil service, including their families, for better security.

They were in the minority, their number is increasing

The number of citizens of Asian countries who have the same thoughts on this matter is increasing day by day, and civil servants are in the USA and England, especially in other Asian countries. There is a prevailing view that the country can make money by selling this important information to Russia and that the country can put privacy and security issues at risk.. The reason for this is that while the crypto bans started to be implemented in South Korea and the prohibition of the use of cryptocurrencies for civil servants was based on certain events and denunciations, it is also due to the fact that civil servants have the opportunity to make the work of rich people easier by taking bribes.

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Another factor in the increase in the number of people who think that preventing people who continue to be civil servants from holding cryptocurrency is of serious importance for the nation and national security is that the civil servants no longer want to take bribes in cash, even if they do not express it clearly. It is thought to be because there are reports that they want to receive it as a crypto money transfer.

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US media giant Discovery becomes 35 percent shareholder of Blu TV

Under the management of

Founder and CEO Aydin Doğan Yalçındağ, Blu TV, which has become prominent among digital broadcasting platforms in recent years, USA ‘s media giant Discovery partnered. Discovery owns 35 percent of Blu TV, which has been producing original content since the day it started broadcasting.

Blu TV, which serves all Turkish and Arabic speaking users globally, is the first Since the day it was founded, it has become the shining star of the sector with its content of more than 10 thousand hours, giving importance to original projects and technology infrastructure.. It entered into a strategic cooperation with Discovery, the digital media platform that started to prepare its plans for the coming years.. Thus, all content of Discovery and sports packages of Eurosport can be followed on Blu TV.. Discovery became a 35 percent shareholder of Blu TV, which took solid steps in the digital field after its successful broadcasting policy.. After this strategic partnership, Blu TV will increase its investments in the coming years and will be included in the global competition.

Continuing its broadcasts in Turkey since 2016, Blu TV already has more than 4 million subscribers.

Special thanks from Blu TV CEO Aydın Doğan Yalçındağ

After Blu TV’s strategic partnership with Discovery, Aydın Doğan made a statement on his social media account Yalçındağ thanked the President of Radio and Television Supreme Council Ebubekir Şahin for his support.

Yalçındağ’s explanations are as follows:

I would like to share a good news. Discovery, one of the largest media companies in America, becomes a partner of BluTV.

The fact that Discovery is a partner of our company at this stage is a source of great pride for all of us

From the first day we were founded Since then, we have become the leading digital platform of our country.. We have reached millions of people in Turkey and abroad.

With the new investment, we will publish content close to the number of content we have produced in the last 4 years.

We will accelerate our overseas growth, the world’s largest digital platforms we will be among. Stay tuned.

I would like to thank my family for supporting me and believing in me since day one.

I would like to thank our incredibly hardworking and devoted team, who brought Blutv with me to where it is today.

And of course, on behalf of Blutv, I would like to thank our valuable members who have supported us since the first day

I would like to thank Mr. Ebubekir Şahin on behalf of Blutv for all his support for the development of digital broadcasting.

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Altcoins may crash at some point

So far, attempts have been made to create a false positive atmosphere about altcoins, thus preventing the effect of cryptocurrencies from staying in a single cryptocurrency. There are thousands of different claims that are estimated and claimed to reduce the power of Bitcoin and to reduce the impact of the crypto money world. There are beliefs. The reason behind these beliefs is that with the decrease of Bitcoin’s existence and its effect, there is a lower effect in the crypto money world, preventing Bitcoin from controlling the market alone.

It is not known who issued it

While it is not known by whom or by whom it was founded and offered for sale, for some altcoins, it is known by whom or by whom it was issued. The reason for this is to ensure the effectiveness of cryptocurrencies that have emerged secretly and have revealed themselves in this way, to prevent a possible problem. Just as the founder of Bitcoin has not been found until today.

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European Union ‘concerned’ about cryptocurrencies

It is claimed that the European Union is even worried about cryptocurrencies and is about to make efforts to solve all problems within the scope of studies to be carried out in this direction. European Union member countries, which think that their economy may be harmed by Bitcoin, are worried about this because the recent economic pressure and sanctions against them by the USA have been successful, the attitude of the Chinese side towards the EU and the attitude of the Russian side towards the EU.

The sanctions of the USA broke the “heart”

According to the European Union, the sanctions under the name of “tax” caused disappointment and heartbreak in EU member countries. caused. Behind this, since the concern that cryptocurrencies can be used actively in the union will cause tax evasion, there is no information about the fact that new measures are being taken in this regard and how and when these measures will be taken.

  • The European Union is concerned with economic issues. It is known as a union that is known for taking emergency measures suddenly without waiting, and as a “union” that immediately takes the necessary steps in case of the slightest harm.
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September may be critical, Bitcoin may fall

In the United Nations meetings and other special meetings to be held this month, economic issues will be on the agenda. US President Donald Trump will chair the meeting to be held at the UN General Assembly on September 26, and Iranian President Hassan Rouhani will most likely use the right to speak at the session chaired by President Donald J. Trump.

US President. It is stated that Donald Trump will present the necessary reasons for the whole world to impose sanctions by explaining the problems that Iran has spread sharply and one after the other, and that Iran may be trying to overcome the sanctions by using cryptocurrencies in the face of these statements. and it is estimated that President Donald Trump will be able to talk about this situation in front of the whole world.

President Trump’s use of the phrase ‘crypto money’ is enough

US President Donald Trump’s ”crypto money” in front of the whole world during the speeches, it can cause big problems as it can be perceived as a “sanction” signal to cryptocurrencies. Apart from the sanctions that Trump will announce against Iran, the speech he will make is of great importance in “cryptocurrency”. In this process, it is recommended to follow the developments closely and shape the investment accordingly.

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Netflix is ​​at the top with the number of subscribers: over 200 million!

The curfew imposed within the scope of coronavirus measures has benefited Netflix. The digital media platform Netflix, which has continued to increase the number of its subscribers since the epidemic started, has exceeded 200 million subscribers

Achieving many projects in recent years with its original content, Netflix continues to increase the number of its subscribers, especially after the pandemic. According to the new data of the US-based media platform, the number of members exceeded 200 million

In the fourth quarter, which ended on the last day of last year, Netflix surpassed expectations and gained 8.71 million new users in total. This was even above analysts’ expectations of 6.1 million users. Netflix, which is at the top of digital media broadcasting with its original content, language support and affordable price, achieved a total turnover of 6.7 billion dollars. Netflix, which increased its operating profit by 100 percent to $ 954 million during this period, experienced an 8 percent contraction in its net profit rate. This cost the media company $540 million.

According to the latest data; Competitors such as Amazon Prime and HBO took the top spot with Netflix subscriber count.

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New Announcements Helped NEO

Blockchain company NEO had a great weekend no matter how you look at it. The company, which has made several important announcements and will add new announcements to them in the future, has had a significant positive impact on the price of NEO. This was because the network was to be used on the Ontology platform. NEO’s programming flexibility (multi-language) and entity-based functionality are key things for this new platform.

Good or Bad?

Announced and price increased However, NEO could not escape the negative comments. NEO’s centered nodes have been heavily criticized. A post was published on GitHub over the weekend with 6 reasons why buying NEO first is a bad investment. This post was personally answered by NEO official Malcolm Lerider via Medium.

The post criticizing NEO contains several “warnings” against NEO. These “warnings” were interpreted by Lerider as “fear, indecision and doubt” (FUD). It is not known to what extent the written discussions on the Internet should be taken as a pedestal. If the warnings about NEO are correct, the truth will come to light soon.

Lerider also stated that a new announcement will come after the weekend. It is not possible to know whether this announcement has already made an impact on the market or whether it will take effect after it is made. NEO price at the time of writing:

We will continue to share developments about NEO.

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Partnering with Ripple from American Express and Santander

American Express and Santander partnered with Ripple to accelerate cross-border transactions between the USA and the UK with blockchain technology!

Now, payments made by American Express customers through the FX International Payments platform, Ripple’s blockchain network RippleNet

Marc Gordon, Executive Vice President of American Express, said in a statement today:

This collaboration with Ripple and Santander will help us advance our blockchain and transfer money around the world. It will enable us to improve our method.”

Jose Luis Calderon, head of global transaction banking at Santander:

“Blockchain technology creates a new channel between the US and the UK. It also provides a crucial opportunity for global payments.” Commented on.

Thanks to the blockchain technology, all parties involved in the cooperation will be able to track the status and cost of transactions.

Ripple CEO Brad Garlinghouse said that Ripple blockchain’s financial He said that it will enable service companies to transfer money in “real-time”:. Transactions that used to take days to complete will now be completed in real time.”

Both American Express and Santander said that the blockchain project could expand worldwide

Cryptocurrency Will Be Included Later

Ripple said it could speed up payment transactions with its own cryptocurrency, XRP.. In addition, he stated that XRP could be used in partnerships with banks and other financial companies in the future.

Ripple’s general manager of strategic accounts, Marcus Treacher, in an interview with CNBC:

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“The technology we developed has become separate from cryptocurrency or token. So banks can use Ripple to directly convert any fiat currency to another fiat currency without the need for a blockchain-based currency.”

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6 things to consider before investing in a cryptocurrency

There are over 1000 cryptocurrencies to choose from when building a crypto portfolio. To assist you in your investment decisions, this guide will show you how to evaluate cryptocurrencies.

The topics we will briefly review are as follows:

  • Value proposition
  • Technology

  • Developers
  • Community
  • Who are the competitors?
  • Is it legitimate?

1- Value proposition

Perhaps the most important thing when investing in a cryptocurrency is the value proposition it offers.. For example, Bitcoin is a kind of one’s own bank used to store, send and receive money anywhere in the world with an internet connection, without a bank or other intermediary.. Its value depends on it and its decentralization. Additionally, Bitcoin’s scarcity also makes it a gold-like asset.

However, Monero, another cryptocurrency, has additional features that allow users to conduct financial transactions anonymously.. So Monero’s key value proposition is financial privacy and anonymous transactions.

Long story short, when evaluating a cryptocurrency, you should first ask yourself these questions:

“This coin’s value proposition or what is the benefit?”

“Can this also be obtained with an existing coin?”

Sooner or later, if a coin is just a clone of Bitcoin and was created just to make money

2- Technology

The technology of a cryptocurrency is as important as its value proposition, because without strong cryptography a Blockchain-based digital currency cannot function.

If a cryptocurrency has advanced cryptography that has been thoroughly tried and tested, such as Zcash for example, that bodes well for the future of that cryptocurrency.

While conducting research, a digital currency has several serious If you think there is a technical problem, it may be right to avoid it.

3 – Developers

Another important factor for the success of the cryptocurrency is undoubtedly the developers. If a cryptocurrency team has developers who have done projects on Blockchain in the past, that’s definitely a good sign for that cryptocurrency’s future. , this may result in the failure of that coin.

Therefore, it is best to look for cryptocurrencies with a reputable developer team behind them.

4- Community

It is difficult for a cryptocurrency to thrive without a community. A coin’s community members act as cheerleaders for that coin and promote it on social media asking investors to adopt it.

A digital currency is difficult to succeed without a strong community. Bitcoin and Ethereum are the cryptocurrencies with the two largest communities. Therefore, it should come as no surprise that these are the two largest cryptocurrencies by total market value.

5- Who are the competitors?

When examining a cryptocurrency you are considering investing in, it is also important to look at its competitors.. Are there other coins with similar functions?

For example, there are several digital currencies targeting the esports industry. FirstBlood (1ST), Unikoin Gold (UKG), and HeroCoin (PLAY). When investing in a cryptocurrency focused on esports, you need to find the most successful among them according to the points we have written here.. In addition to this, you should also pay attention to how an esports-oriented crypto money that will take place in the crypto money world should be.

To give another example; The same principles apply when looking at privacy-focused digital currencies like DASH, Monero, Zcash, and PIVX.. When analyzing which one to invest in, you should compare them against each other.

Which offers the best privacy, which has the best technology, and which has the most community support? These are all questions to ask yourself when doing a competitor analysis on the cryptocurrency you want to invest in.

6- Is it legitimate?

Finally, is this coin really legitimate, totally scam or not? you just have to ask yourself if it’s part of a pumping and dumping scheme.

For example, fictitious currencies OneCoin and The Billion Coin, which were sold to uninformed investors, turned out to be completely worthless.

Crypto If you are planning to invest in currencies, especially cryptocurrencies with low market caps, it is important to do a thorough research before doing so.. As cryptocurrencies continue their rally journey, they have left some winners and losers behind.. The losers were those who invested, often refraining from researching.. So the best advice for any cryptocurrency investor would be “Do your own research”.

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Ethereum Transaction Fees Stuck at $1!

Ethereum network usage level was half of its ATH (All-time high) which reached 1.4 million daily transactions in January, although the fee to be paid for a transaction on the Ethereum network was based on $1.

Ethereum currently processes only 620,000 transactions per day, but with the testing phase passed on June 30, fees have suddenly skyrocketed…

The gas limit required for the transaction appears to have not changed, indicating that Ethereum has a transaction capacity of 1.4 million units, but total gas usage is at an all-time high.

Gas Just a measurement tool like bytes in Bitcoin. Currently, you need to pay 97 gwei per gas to process an Ethereum transaction.. Let’s not forget that 1 Ethereum is worth 1,000,000,000 (1 Billion) Gwei.

So what exactly is happening? It seems that some decentralized exchanges in China want people to vote for the coins to be listed, and the winner is determined and determined by how many addresses the votes are given.

This strange and just as ridiculous configuration is a result of China’s ban on crypto exchanges. it could be. This situation can increase the number of addresses incredibly, some addresses are deprived of basic information and, as one can imagine, the number of addresses is a completely meaningless criterion… /p>

If our source’s data if true it seems that F2Pool and DwarfPool set their own limit, in which case they don’t accept transactions below 50 gwei. 50 gwei is also about 50 cents.

By the way, quite interestingly, Dwarfpool’s block percentage is correct.. This percentage has dropped from 20% to 2%.

The problem seems to be clearly miners, hopefully miners will stop being greedy soon and go to limit increase and Ethereum users will get cheap transaction fees again…

(trustnodes)