📰 04/7/2018 GMO announced new Bitcoin miner, BTG hard fork will change algorithm, MONACO project showed working VISA card: news by ICO Telegraph

in #bitcoin6 years ago

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🕑 5 min read


What did we collect for you today:

  • MONACO blockchain project announced Visa card (working);
  • GMO will launch new Bitcoin miner;
  • Exchanges/listing/ICO news: new tokens, projects;
  • And more information we want to share with you.

Market just jumped for $6.5B in the last 5 min.! Users call it “bear trap” and continue to wait for $7k mark. Don’t forget to look more globally on the trends – that does not constitute financial advice, just follow news with us.


📌 5 largest public companies are using blockchain (source)


Real use of blockсhain is a real catalyst for the market. At first, "real use" was perceived as nothing more than a “enthusiastic” joke. Then, the main arguments of "unbelievers" were such things as high volatility, attachment to the cryptocurrency, and so on. However, the blockchain as a technology, quite multitasking, is now widely considered by the giants. Many already work with the blockchain. Find out the details at the source.

Who are using blockchain among the giants:

  • ICBC (Industrial and Commercial Bank of China)
  • CCB (China Construction Bank)
  • JPMorgan Chase (The largest bank in the U.S.)
  • Berkshire Hathaway (an American holding company)
  • ABC (The third-largest bank in the world)

On the other hand, today developing such process as tokenization, this means a transfer to a completely different level of acceptance of the cryptocurrencies and blockchain by the various companies.

Tags: #business #blockchain #market #research
Who can be interested: market researchers


📌 MONACO blockchain-based project announced working Visa cards (youtube)


The development of the payment card system in the blockchain could be really important for the industry. At the moment, several projects are working on similar solutions. More recently, the MONACO blockchain project (links below) showed in its video a prototype of a working card, which could soon be freely used.

Info about project: web-site, twitter, crunchbase

Monaco Visa Card Test Video - Part 1

Of course, now it could become one of the most popular products. However, given the not very positive experience, including those related to the project itself, users say that:

Monaco have a habit of misleading people so I hope this isn't another one of their sneaky little tricks.

source: reddit community

Other concerns related to the project connected with the "no fees" opportunity. Many users are satisfied with the work of the platform, while others believe that the lack of a commission still does not make the rate good, as are other features of the service.

Tags: #MONACO #credit #cards #payment #blockchain #VISA
Who can be interested: investors/users


📌 GMO announced new Bitcoin miner with 7nm ASIC chips (source)


GMO, famous Japanese Internet giant, is ready to release new mining equipment with 33 Th/s. New GMO miner B3 will be based on the same GMO72b.

The major characteristics of GMO miner B3 are that it has the maximum hash power of 33 TH/s as well as can adjust the hash power optimally up to 33TH/s depending on the mining environment and global hash rate.
source: GMO

“Slumping markets are a big pain for miners”, analysts say. In fact, slow market trends have affected profit from mining, and its opportunities in the future, what’s more important, looking globally. At the same time, the hand of the miners is visible everywhere. Innosilicon presented the 50Ksol/s 620W equipment for Zcash (Equihash), where 40% of blocks (or more) consumed by ASIC mining.

Tags: #mining #technology #GMO #B3 #ASIC
Who can be interested: miners/community


📌 ICO Calendar


Upcoming/ending ICOs in near future


📕 ENDS

  • Tokpie [Exchange’s Token], VR MED [Medical device] ICOs end on: July 05, 2018.

📗 STARTS

  • Humanscape [Healthcare], Monopoly [Business Services], Safeguard Token [Machine Learning] ICOs start: July 5, 2018.

↪️ Others is now verified as TBD


We do not guarantee the trust level of ICOs, but we’ll tell you about the projects that have reached the stage of sale.


💰Market Cap: $272 411 952 089
💵24h Vol: $15 114 939 138


📊 Prices TOP 04.07.2018


↗️↘️Bitcoin: $6 676,88
↗️↘️ETH: $472,69
↗️↘️XRP: $0,493535
↗️↘️BCH: $767,56
↗️↘️EOS: $9,04
↗️↘️LTC: $86,75
↗️↘️XLM: $0,155184
↗️↘️ADA: $0,211882
↗️↘️IOTA: $1,22
↗️↘️USDT: $0,999663


♻️Exchanges


📌 Binance will create “Secure Asset Fund for Users” after irregular trades at 2018/07/03 (source)


Recently, Binance’s internal risk management system has noticed the irregular trades of the SYS (Syscoin), based on a fork of the bitcoin protocol. After Binance noticed unusual transactions in its own system, it was decided to do several things at once:

  • Recreate users' API keys;
  • Suspend trading and withdrawals;
  • And, more, to launch SAFU (Secure Asset Fund for Users).

Also, users who had to trade overpriced SYS, will receive a refund from the exchange. In order to protect such risks in the future, Binance will work with SAFU. The amounts will be regularly transferred to the fund starting from July 14. 10% of the commissions reserved by the exchange will be transferred to separate cold wallet storage.

Tags: #Binance #SYS #Syscoin #SAFU #security
Who can be interested: users of the exchange/community


📌 Other updates – new projects, listing, tokens


  • Bitcoin Gold (BTG) Hard Fork will change system’s algorithm from Equihash PoW to Equihash-BTG. As we know today, Bitmain control over 40% pool of the BTC at the present time, and this is a fact why BTG may try to prevent furture 51% attacks. Read more.
  • #Lisk Hub 0.10.0 announced. Continue to read the latest update from the team.

Know more interesting events/important updates? Please write a comment about it.


💱 Exchanges TOP

Coinex 22.23% -> 2.19B
Binance 16.86% -> 1.66B


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