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Singapore Becomes Preferred ICO Destination for Blockchain Companies

The state of Singapore is slowly becoming a preferred destination for Blockchain companies looking to launch an ICO. The country has long been a hub for start-ups due to factors such as tax-friendly regulations and government funding. Singapore has also hosted a number of successful ICOs in the past.

Singapore’s Efforts to Support Blockchain and Cryptocurrencies

Singapore government, central bank Singapore Monetary Authority (MAS) launched various programs to support the FinTech industry. One of the initiatives is to set aside $166 million for the development of FinTech projects and applications.

The central bank has also named “Project Ubin” to embrace cryptocurrencies. It also offered a tokenized version of the Singapore dollar below. The token exists on an Ethereum-based blockchain. The aim of the project is to create a functional alternative in the country’s interbank payment network with Token and Blockchain technology.

MAS, meanwhile, has started to regulate digital currencies in order to protect its ICO activities. MAS also wants to protect Singapore’s reputation as a financial hub and prevent money laundering. With the necessary regulations, investors are protected so that more people can participate in the ICO.

On the issue of whether virtual currencies can be accepted as a legal currency, MAS said that the function of cryptocurrencies goes beyond being a digital currency.

According to what was explained in the MAS declaration:

“The function of digital tokens has gone beyond being just virtual money. For example, digital tokens can represent property or security interests.”

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What is the 2020 Cryptocurrency Law?

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Bitcoin and Its Alternatives Escaped From China’s Pressure

Bitcoin has been rescued from the Chinese ICO ban process after falling as low as $4,008 on Tuesday.

At the time of writing, data from Bitcointicker.co and other providers show that Bitcoin has risen again to almost $4,500 levels. It was recorded that it fell to the lowest level of $ 4220 in a 12-hour period.

Following on Tuesday, prices continuously decreased to $ 4200, then started to rise and continue to increase.

Similar situation in the altcoin market. In question, the top 20 cryptocurrencies have joined the upward trend with Bitcoin.. Ethereum is up 12%, while Bitcoin Cash is up 10% and Ripple is up 8.6%. then it is recovering again today and has increased by about 12%.

Also, while the crypto money market decreased to 134 billion dollars yesterday in volume, it has reached 155 billion dollars with an increase of 23 billion dollars today.. While this is still below the record $170 billion in volume, there is an uptick.

The People’s Bank of China has called for an immediate “stop” of all ICO activities under its jurisdiction. The entire market was affected by this situation.. There was a decline in the market for days.. And most investors were worried about this situation, “panic selling”, that is, they panicked and melted their crypto money.

Now, the market is recovering itself and the rise continues.. We have been witnessing this decline and rise in the crypto money market regularly in the last months.. At the end of the latest decline, Bitcoin broke a record. What will happen this time will be clear in the coming days.

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Similar Cryptocurrency Market Cap Losses in 2017

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Vanuatu has decided to accept citizenship fees in Bitcoin as well.

Would you like to become a citizen of Vanuatu, an island country in the South Pacific? It is now easier for Bitcoin investors to have the official identity of this holiday paradise. The country has decided to accept the citizenship fee of $ 200,000 in Bitcoin now. This is approximately 42 Bitcoins in today’s Bitcoin value.

Visa-free travel to 113 countries

Vanuatu citizens who are a Commonwealth member; There are visa-free travel opportunities to 113 countries, including the UK, Russia and European Union countries.

Taxes are quite low

In addition, taxes are very low in the country and income tax is not paid for capital gains. You don’t have to live or visit the country to become a citizen of the country.

Vanuatu’s closest neighbors are Australia, New Zealand and Papua New Guinea…

42 Your Bitcoin Would you like to become a citizen of Vanuatu? Share it in the comment section below.

Russian Central Bank Approves First Cryptocurrency Exchange

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Stratis Announces Roadmap

With the opening of the markets, the value of STRAT became clear. STRAT is currently worth $10.

Stratis platform continues to work on promised updates. It is predicted that many developments will be recorded in about 6 months.. The first near-realization success will be two ICOs that will conclude in a week or two.

STRAT was worth $20 before the gains disappeared. Most importantly, although STRAT is seen as a promising coin, there are no misleading and exaggerated advertisements about it.

Even the trade in Korea is not enough to increase the value of STRAT.. Currently, STRAT trading is fairly balanced across exchanges, with Binance trading the largest share in the trade.. STRAT is trading at $9.90 on the Korean Upbit exchange.

Important Milestones

The Stratis project is charting new routes for the developers of Stratis Academy these days.. This part of the project will increase its visibility and make the developers’ capabilities more attractive, and in this respect, this is perhaps the most important part of the project.. Stratis can be a platform where C# developers can leverage their skills and benefit from the expansion of blockchain solutions.

Stratis is also updating the Apple Store to reoffer Stratis Identity and gain acceptance from the Apple Store.

Other commitments of the project, such as privacy and sidechain, will be rolled out in alpha or beta by the end of the second quarter.

Investors are Hopeful Again

Shown how STRAT’s value can skyrocket. Despite serious corrections, STRAT has managed to rise to much higher levels.

Speculative investors say STRAT could potentially grow much more. But at this point, in anticipation of falling markets, this development is by no means assured.. In the past, blockchain projects did not progress or regress for years until there was a breakthrough, a new invention.

Cryptovest

Bit Paymer Ransomware Claims 53 Bitcoins

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Instagram shopping feature opened in Turkey: Danla Bilic made a mistake!

Instagram, which hides the number of likes and views, entered the renewal process by adding the option to add links to the stories, and passed the training of Facebook, instagram has activated the shopping feature in our country as well.

Instagram shopping feature has been expected for a while

Instagram shopping feature, which has been put into use in many countries, especially the United States, is also operational in Turkey. Instagram shopping feature, which is a great opportunity for companies and e-commerce businesses, was used for the first time by Danla Bilic, who has more than 5.5 million followers.. With the “See the store” option added to Bilic’s profile, directly selected products and collections can be viewed.. If the buyer likes it, he can be directed to the website where the product is sold.

The feature, which is expected to be used by many more companies in the coming days, is only used by Danla Bilic in Turkey so far.

Instagram store tab has been added

On the other hand, with the Instagram shopping feature, the location of many buttons on the homepage has changed. Instagram reels comes next to the home page, and instagram store tab is added to the right side of it. The notification section has been moved to the top right corner next to direct messages.. Thus, a large part of the homepage flow has changed.

When you click on the store tab added with the Instagram shopping feature, the products of companies or people using this option will be followed more easily.. Although the changes that took place in the first place were relatively difficult for the users, it is obvious that a new breath will come to the platform with the store feature..

Peak Games allegedly distributed $83 million to its employees

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Mining Giant Raises Bitmain Funds by $50 Million

According to Bloomberg, China-based mining company Bitmain will receive a $50 million investment from a number of venture companies.

Bitmain, one of the world’s largest Bitcoin mining and Bitcoin hardware manufacturers, is part of a plan to raise the profile among its investors. will increase its funding. Participants include Sequoia Capital and ING Capital.

Bloomberg also stated that the company plans to expand chip production for artificial intelligence and set up mining farms.

According to a source not named in the report, Bitmain is willing to offer management advice as part of the deal.

Looking at Bitmain’s mining pool, where miners have a better chance to solve blocks and get Bitcoin rewards. It is the second most powerful organization globally. Antpool controls 15.3% of the total hash power of the network.

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Bitcoin’s fall is unstoppable! He saw $ 6400!

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Increasing Demand for Blockchain Will Profit to Nvidia

Today, many companies are adopting blockchain technology.. According to some estimates, the blockchain market, which was worth $210.2 million last year, could reach $2,312.5 million by 2021.

Blockchain technology is largely used by banks, payment systems and financial institutions. , companies outside of these areas also believe that this technology is promising.. Airbnb, Uber and Capital One are some of the companies that have started incorporating blockchain technology. This can make Nvidia profit.

Why Are They Embracing Blockchain?

Today, every bank worldwide is vulnerable to a hacking attack.. As a result of such a situation, customers whose identity information has been stolen by hackers may lose confidence to ATMs and credit cards. Financial institutions also have a reputation for losing customer data.. As they lose customer data, they also lose customer trust.. Blockchain technology aims to reduce such information theft.

Former Ethereum lead developer Roman Mandelei:

“Identity I think that blockchain technology, which allows you to control your information with a private key that only you know, will completely eliminate the case of hacking your credentials because hacking is not possible.. Even if it is possible, it is less possible compared to the database systems currently in use.”

Nvidia Grows as Blockchain Grows

This interest in blockchain technology by many companies is highly likely to have a positive impact on Nvidia’s sales. Huge companies like IBM and Samsung are already recruiting Bitcoin and blockchain experts. If such companies use chips produced by Nvidia, we can say that the future will be quite bright for Nvidia.

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Price analysis: ETH, BTC and LTC (June 22, 2017)

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Bitcoin Bubble or New Gold?

Jean Pierre Verster, an investment manager at South Africa’s Fairtree Capital, which predicted the bankruptcy of the Bank of Africa, was of the opinion that the rising Bitcoin price was an indication of a bubble. announced that it was a bubble and that he would not invest in Bitcoin.

“New Gold”

Another investment manager at Ashburton Investments Wayne McCurrie, Bitcoin He said he believes it is a digital version of gold.

It is quite common to consider these two assets as the same thing.. Both are seen as commercial in terms of wealth and function. In McCurrie’s statement:

“Gold and Bitcoin are similar because they are both units independent of government control.. You can carry these units wherever you want, they are valuable anywhere.” He said. >

In McCurrie’s estimation, Bitcoin could be legalized if it manages to reach high values ​​and is a real success.

“Governments have never tolerated a separate monetary system outside of official banking systems.. If Bitcoin reaches really high numbers, it would almost be illegal for governments to not enact it.”

Misunderstood Fact

Verster distinguishing between Bitcoin and its founding technology , on the other hand, said that digital currencies are a mistake, but Blockchain technology is built on real truths.. But he says Blockchain technology is very valuable and adds that Bitcoin will not be a good investment for now.

ICO Limitations

Digital currencies, especially those like Bitcoin, are subject to government regulation. blocked. However, new ICOs have come under severe attack, especially in China.

The restriction of ICOs is far from the regulations McCurrie mentioned. However, such limitations can help Bitcoin gain legality from the market occupied by more and more digital currencies every day.

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Are crypto phone wallets reliable?

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Russian porn star makes video call to Prime Minister for Bitcoin legalization

Russian porn star Elaterina Makarova, known under the pseudonym Macy Ssen, in a video message called on authorities, including Russian Prime Minister Dmitry Medvedev, to create a legal framework for digital currencies such as Bitcoin and Ethereum. In return, Makarova offered to make their fantasies come true.

‘Ignoring digital currencies means ignoring progress’

Makarova said:

“Ignoring digital currencies means ignoring progress. I think the future is in digital currencies. Now, if we can give digital currencies a chance for legitimacy, we will be the first and have a chance to become a world leader. This is my opinion.”

Makarova called for the legalization of Ethereum as well as Bitcoin and said, “If this happens I’ll do my best. I will make any of your fantasies come true.” He said.

There has been no response from the authorities so far to this call of Makarova.

Here is that video:

Altcoins Fluctuate, Bitcoin Price Rise Stable

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Novogratz: Don’t be surprised if Bitcoin hits $10,000 in 6 months

Billionaire investor Mike Novogratz says Bitcoin will rise to $10,000 in 6 months.

Live today Speaking to CNBC on the air, Novogratz said about Bitcoin, “We shouldn’t be surprised if it exceeds the $10,000 level in the next 6 to 10 months,” and added:

“Like railways and the internet, the Blockchain revolution will change our lives.”

Novogratz also stated that he likened Bitcoin to a digital gold.

The billionaire name previously stated that the digital currencies market will reach 5 trillion by 2022. He said he would reach the dollar.

Places where Bitcoin passes in Turkey