Cryptosya

One of the things we complain about when trading cryptocurrencies, perhaps most importantly, is high stock market commissions.. Exchange commissions bother many of us, even when transferring money from one place to another or trading different cryptocurrencies for the stock market.. However, there is an initiative that will change this business recently, this initiative attracts great attention.. The number of people who participated in the early registrations of the crypto money exchange named Robinhood, which set out with the aim of zero commission in crypto money trading, exceeded 1 million. It is a matter of curiosity whether this move, which he made by giving his due, will change the work and balance among crypto money exchanges.. In particular, it is not yet known how exchanges such as Coinbase will approach the event and whether it will be affected by it.

The vast majority of cryptocurrency exchanges led by Coinbase are basically not decentralized.. In this way, the control of the events in the stock market is provided from a single source.. However, the idea of ​​an exchange like Robinhood that comes with a centralized system, but this time gives the direction of power to users rather than top management, seems revolutionary enough.

Zero Commission Fee

We gave Coinbase as an example and from there lets continue. Users of this cryptocurrency exchange currently pay significant commission amounts for each transaction, ranging from &0.1% to 4% of the transaction.. Especially if you entered this market with a small amount of money mainly because of your curiosity, trading with such commission fees can turn into a real persecution because you pay the small amounts you earn to commission fees.. In fact, there are many people on the internet who claim that they actually make profits in this way, but claim that they have written a loss on their main balance sheet due to commission fees.

These high commission fees we mentioned above are in stark contrast to Bitcoin’s exit purpose. . When Bitcoin first launched, its purpose was to break down the already high commission and bank share fees.. So Bitcoin wasn’t something that was expensive to use.. But of course, the market grew abnormally, many people were aware of this event and serious congestion began among the transfer networks.. Still, a solution to these ever-increasing commission fees had to be found.

Here’s Robinhood,exclusively as the solution to this very problem.. Announcing that it will not charge commission fees from transactions, the stock market will not be able to earn money in this way.. But what the stock market focuses on is something else.. Robinhood, which mainly wants to expand its own crypto currency customer portfolio, also plans to steal the customers of other exchanges with this revolutionary move.

For now, we can say that they are progressing in line with these goals.. With the announcement that the stock market will be traded, many crypto money trading people were aware of the development and people must have been so fed up with these commission fees that they immediately rushed to register.. According to various data, the number of people allegedly waiting on the early registration list is over 1 million people.

Buy the Rich Give to the Poor

We all know that the origin of blockchain and cryptocurrencies is to produce decentralized things, but when it comes to cryptocurrency exchanges, the situation changes. In particular, the majority of crypto currency exchanges, which are the main actors of the market, are managed by a centralized system.. People are trying to increase their crypto money savings here, trying to earn money by buying and selling, and meanwhile, the stock market cuts itself a commission from their work and submissions.. I mean, the system actually works like a bloody bank.

Well, if there’s centralization involved, some things are inevitable.. For example, the cryptocurrency exchange determines a commission fee according to itself; can increase or decrease them. This is a bank-like move.. Again, with these movements, the place that holds the control over the market ultimately becomes a single center. However, Robinhood is still centralized however, its aim is different.. Reducing power from the management level to the user base…

Time Will Tell

Time is the only thing that will tell whether Robinhood will be successful. User experiences, whether it is successful, how the system works and other feedback mechanisms will only be revealed after the exchange is traded.. The effects of the zero commission fee approach on the stock market are expected with great interest.. It is not yet known what the company will do or whether it will do something, at least for now, with this approach they have developed to solve one of the most important problems of the Blockchain system on the basis of the cryptocurrency exchange, commission fees.

With the current great demand, the future success or failure of the stock market will be an important reference point for many crypto money-related businesses that are planning to be launched in the coming period.

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Harunustaspor, one of the amateur cluster teams in Akyazı district of Sakarya, transferred 22-year-old Ömer Faruk Kıroğlu for bitcoin.

According to the news of Hürriyet, Sakarya is ranked 1st. Competing in the Amateur Division B Group, Harunustaspor recruited Ömer Faruk Kıroğlu from Karasu Kültürspor for the second half of the season. He offered. While transferring, 2 thousand 500 TL was given in advance.

Indicating that the transfer is the first transfer transaction made with Bitcoin in the world, Haldun Şehit said, . Our club is also on its way to the championship. This transfer was a first in Turkey and even in the world. If it had been done professionally, it would have been heard on television. As an amateur, we were the first. We are proud for that too.” first. As my president said, we are doing something new, I am an open-minded person. I wish good luck to both parties.” He said.

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John McAfee, who uses absurd expressions in every statement about cryptocurrencies and uses it only to draw attention, to harm American institutions and organizations, and to injure the US economy, announced that he has fled the USA as of today. Explaining that there is 1 important investigation against him, John McAfee announced that he could be put on trial because of this investigation, and that he fled the USA by wearing a wig to escape from government officials and local forces.

Crypto Claiming that apart from the comments he made about the money, the SEC, the IRS and other American institutions were hostile to him, he even stayed in the hospital claiming that the SEC authorities wanted to have him killed with an armed attack. The name, which has attracted the reaction of US crypto money investors for a while and they want action against, is no longer in the USA and is in exile. Claiming that he will be a presidential candidate in the USA, this request of John McAfee seems to remain a dream.

Mayor of Istanbul Metropolitan Municipality Ekrem İmamoğlu applied to the court regarding the news published by Yeni Akit Newspaper on 25 December 2020. Judicial authorities found İmamoğlu to be right and ordered Yeni Akit to pay compensation.

However, the Newspaper faced the shock of foreclosure when it did not pay the compensation. Enforcement officials, who came to the building of Yeni Akit Newspaper with the police, confiscated many computers and technological items in the media company. No statement has been received from Akit Newspaper yet on the subject.

Dilipak’s son had seen İmamoğlu right

Abdurrahman, who shared the İmamoğlu news of Yeni Akit Newspaper dated 25 December 2020, on his social media accounts. Dilipak’s son, Ahmet Dilipak, was harsh on the Gazette with the words “Such a news language cannot be a style.” he doesn’t care”. Imamoglu, on the other hand, took the case to the judiciary by saying that I would not deign to reply to this news.

Ekrem İmamoğlu had the belongings of Yeni Akit, who insulted him and did not pay the compensation, put a lien. pic.twitter.com/8gPewoWxBC

— Politics (@politikalogy) June 18, 2021

Ripple and Stellar co-founder Jed McCaleb stated that the key to the future success of cryptocurrencies and the underlying technology, Blockchain, is decentralization.

“If decentralization goes away, we have SWIFT and PayPal. One thing remains.”

As a guest on CNBC’s Fast Money program, McCaleb said that the only decentralized network that has seen success so far is the internet. In an open critique of the payment protocol Ripple, which he co-founded in 2013, the famous programmer said that a centralized financial payment system in the cryptocurrency industry would be nothing more than SWIFT or PayPal, and continued his words as follows:

The main vision is to have a network that anyone can join, like the internet. This is the most important thing to make these things successful.

McCaleb, Snowden, and Dorsey…

Earlier this week, McCaleb introduced Blockchain-powered universal payment While explaining his vision for the network, he stated that he thinks all equity will be simulated by 2028.

The MtGox founder is not the only high-profile person to make public comments on crypto and blockchain this week. On March 22, Edward Snowden talked about the flaws of the Bitcoin Blockchain and its public ledger during an interview.

Earlier this week, this time Twitter and Square CEO Jack Dorsey talked about the future of Bitcoin. He spoke of his ideas. Dorsey claimed that in the future Bitcoin will be the only currency.

cointelegraph

The news that emerged three days ago that Russia supports the Venezuelan crypto currency Petro has been denied today.. The Russian government has declared that the reports that it supports Petro are unfounded.

The Russian government and Putin were said to support

Vice Director of the Information and Press Department of the Russian Foreign Ministry, Artyom Kozhin, said on Friday. , underlined that the allegations that Russian officials and businessmen support Petro do not reflect the truth.

Saying that the report is an obvious lie, Kozhin used the following words: did not participate in the project in any way.. At a meeting held in Moscow on February 21, 2018, Mr. Simon Zerpa, Venezuela’s Minister of Economy and Finance, delivered a booklet about Petro to the Russian Finance Minister, just to inform the Russian partners about this project.

Donald Trump’s Petro ban has been effective

Links between Russian businessmen and Venezuelan President Nicolas Maduro allegedly supported the Petro to help Russian President Vladimir Putin evade US-led sanctions

The news came with the signing of new sanctions by US President Donald Trump, which, as previously reported, prohibits Americans from buying or transacting with the Petro.

Petro, including the Turkish lira opened its doors to new currencies, including They will be able to trade with these currencies from Monday, but where they will be able to do so remains unclear.

coindesk

Litecoin creator Charlie Lee commented on the ‘Bitcoin is dead’ controversy. Lee said it was strange to see people saying ‘Bitcoin is dead’.

The expressions Lee used in the tweet he shared on his personal Twitter account were as follows:

“Bitcoin and Litecoin’ It’s weird to see people claiming that . A year ago, prices were around 1800 and 30 dollars. Back then, people would kill for today’s prices!”

These statements of Litecoin garnered huge support from the community. Over 1,000 people retweeted the tweet, which received over 4,000 likes.

Lee has been drawing attention with her recent debuts. Litecoin creator Warren Buffett also reacted to comments about Bitcoin. Lee said, “Some people seem to be afraid of Bitcoin. The Bitcoin honey badger doesn’t care though!”

→ WHAT IS THE CONSENSUS EVENT AND WHY IS IT SO IMPORTANT?

After the Coincheck Hack, in which more money was lost than Mt.Gox, which happened in the past days, other crypto money exchanges based in Japan came together. After the incident on January 26, the insecurity of the exchanges was once again on the agenda and many Coincheck customers suffered serious losses at the end of the incident.

Exchanges Will Regulate Their Own Security Systems

The Japan Blockchain Association or JBA for short, convened after the event, had determined a number of basic security rules that the crypto money exchanges within it would voluntarily comply with before this hack event.. In particular, the integration of certain types of wallets into systems has been one of the issues that has been seriously underlined.. Following the hack of Coincheck and the disappearance of approximately 58 billion Japanese Yen, this set of rules came to the fore once again.

For now, 127members 15 of these members of the Federation, which is located in the federation, consist of cryptocurrency exchanges and 35 are people interested in blockchain. Cryptocurrency exchange members include crypto exchanges such as Bit Flyer, Coincheck, GMO Coin and Bitocean. Bit Flyer’s CEO, Yuzo Kano, is the representative of the federation. In the statement made by the Japan Blockchain Federation in the past days, the following statements were included:

“It is really sad that the making of wallets that will store cryptocurrencies offline has been postponed for legal reasons and such a sad hacking event has occurred. ‘

The Federation also stated that in the warning text sent to them by the Japan Financial Services Department, the Federation requested that the security systems of its member crypto exchange be reviewed. He also stated that they have started the necessary studies on the subject.. Again, in the statement made by the federation, it was stated that discussions were held with each crypto currency exchange on this subject and that the relevant exchanges reviewed and updated their security systems in preparation for a cyber attack.. Indicating that this event was a painful experience for them, Japan Blockchain Federation also made another statement and stated: We want to implement serious and strict security measures and ensure full compliance of our members.. Our only goal is to create a safer and more comfortable cryptocurrency trading environment together.”

Japanese Authorities Are Concerned About Coincheck

One of the major newspapers in Japan

Japan Times, Japan’s Financial Services Service sent a warning text to Coincheck prior to the January 26 hack.. The text urged Coincheck to address security issues and explore ways to better protect customers’ assets.. Despite this warning, the theft of 58 billion Japanese Yen NEM Tokens from the stock market caused the institution to react seriously.. Journalists, speaking to Japan’s Financial Services Service officials on the subject, stated that they received the following response:

“Last August, as an institution, we held a series of meetings with representatives of cryptocurrency exchanges and asked them how customers store their earnings.. Coincheck, like other cryptocurrency exchanges, sent us a form in September and we identified some security vulnerabilities in that form.. We told the company to fix this. Security systems needed to evolve. This incident is very sad.”

Japan Financial Services Service is the institution responsible for approving the official registration of cryptocurrency exchanges in the country.. According to Japanese authorities, it normally takes about two months for the institution to officially approve a cryptocurrency exchange.. Although Coincheck submitted the aforementioned formin September, it has not yet been officially registered.. This shows that the situation is unusual because 4 months have passed since the relevant form was filled in.

According to Reuters, the institution is not aware of what happened from Coincheck officials. He requested a detailed report on the hacking incident and set February 13 as the deadline for the report to be submitted.. At the same time, while the security reports of other crypto currency exchanges are expected to be examined, it was stated that the Japanese police started an investigation regarding the hacking incident.

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Migros, one of Turkey’s largest supermarket chains, is entering the media sector. Migros Mimeda Media Platform, which has more than 2,300 branches in Turkey and abroad, is establishing a media company under your name with a capital of 1.5 million liras.

It will be a 100 percent subsidiary

Mimeda Medya Platform, which will be a 100 percent subsidiary of

Migros, will have a founding capital of 1.5 million liras, which will be paid in cash.

In the statement made by the company to KAP , “In order to deliver the media assets of our company to all advertisers more effectively and to reveal the true potential of our data-based marketing activities, Mimeda Medya Platform A.Ş. It was decided to establish a new media company with the title of The said company is Migros Ticaret A.Ş. (IS:MGROS) will be a 100% subsidiary, and its founding capital to be paid in cash will be TL 1,500,000.

Portuguese football player Cristiano Ronaldo is known for his attitude towards carbonated drinks. Before the match against Hungary, Ronaldo said to drink water by holding two bottles of Coco Cola, the sponsor of the tournament, in front of him. After this move by Ronaldo, Coca Cola lost 4 billion dollars in value in total.

Regressed to $238 billion

While Ronaldo’s move was on the agenda on social media, the Spanish newspaper Marca reported that Coca Cola’s shares

Therefore, the company’s $242 billion shares fell to $238 billion, devaluation of $4 billion.