Givbux!

Givbux

• Global Payment System

• Mobile Payment System

GIVBUX mobile technology has been in development over two years at a cost of time, money, contacts, skills, programming, and management of over 1 million dollars.

In the USA the mobile telephone app GIVBUX can be used to buy products and services at thousands of stores and restourants in the USA.

Global start plans $100 million in sales during the next 5 years.

$1million earn $5million:

• In November price on 5 mln. shares – $1

The first 5 million shares of the global GIVBUX payment system are ready at $1.00 per share.

• April, 2019.: 10 mln shares will grow till $3

The next 10 million shares will be ready next year during late 2019 at $3.00 per share for a totat of 10 million shares

• April, 2020.: 10 mln. shares at $5

The 3rd group of 10 million shares will be ready during late 2019 to 2020 at $5.00 per share


RCoin USA is officially listed on Crex24.com! We are proud to announce our first exchange listing!

Global Market

The Trading Paire is RCNUSA / BTC

RCNUSA BOUNTY PROGRAM:

Everybody who will buy Rcoin USA on the Crex24.com exchange in the amount of $ 1,000, $ 3,000, $ 5,000 and more will have a bonus of 10%, 20% and 30% respectively. The Snap Shot date and time will be set as soon as RCNUSA sales on the Crex24 exchange reach $ 300,000 and will be announced in the official telegram channel: t.me/rcnusa.

In order to receive bonuses, RCNUSA purchased on the exchange need to be sent to the previously downloaded wallet and kept there at least until Snap Shot.

As we aim to protect the price of RCNUSA from falling down we had blocked deposits on the Crex24.com exchange for RCNUSA. Depositing will be unblocked after the end of RCNUSA bounty program.

Official Telegram: t.me/rcnusa

Official Twitter: twitter.com/UsaRcoin


RCOIN USA COINS ARE FINALLY ON THE GLOBAL CRYPTO CURRENCY MARKET

Global Market

The exchange website is Crex24.com!

3 million coins are ready at $3.00 to $6.00 during the next year from $9 million to $15 million in coins.

There are 155 coins listed on this exchange and they have up to $500,000 dollars to 1 million dollars in daily trade volume.

Please, go to the website Crex24.com and register.

Then buy $100 of Bitcoin with your Visa or MasterCard from coinbase.com, then send the Bitcoin to buy the coin RCNUSA. 5,000 coins only are available at $3/00 then price goes up to $3.10.

Rcoin International, Ltd. The developer of the Rcoin coin brand gives every buyer a six month coin replacement guarantee.

The Rcoin Group has blocked the wallets on the exchange Crex24.com until the sales and marketing process will start after January 15th. Rcoin USA or RCNUSA coins earn 3% per month and all clients can earn bonuses of 10% to 30% for being the 300 people to buy $1,000 to $3,000 in coins.

We expect Rcoin USA coins might grow to $5.00 to $7.00 next year.

Have a good day.

Rcoin Group.


Quick Brew? Bitfury's Coffee Machine Accepts Bitcoin Via Lightning Network

Blockchain firm Bitfury has come up with a novel product aimed at making it easier to pay for products with bitcoin.

specialized engineering team within the company has developed a coffee vending machine capable of connecting to the Lightning Network, a second-layer transaction protocol designed to make bitcoin more scalable by processing transactions off the main bitcoin blockchain.

As a result, the vending machine can accept bitcoin payments without charging high fees or requiring long transaction times, according to a press release. LightningPeach, the team behind the new vending machine, added a device capable of joining the network to a coffee machine that already sported some built-in smart components.

The device is composed of a small Raspberry Pi computer and a unique circuit board designed by the team to process transactions.

Vasyl Grygorovych, LightningPeach's head of community, told CoinDesk that the team's strategic goal is to develop a real-world infrastructure for faster bitcoin payments.

With a small computer and a chip, which is assembled by us or is easy to reproduce … it is much easier to pay with cryptocurrencies than with credit cards, because you don't need your credit cards at all, you just need your mobile device," he said.

The team's head, Pavel Prikhodko, explained that the chip can be installed on other types of devices as well.

He continued:

"In a way, as we connect this machine, we can connect lots of other stuff, both offline and online. It relies on the infrastructure we built, so we really want for this to open the road to other businesses who want to try crypto. We want to [build] a way to do this easily."

Users can scan a QR code on the machine using their phones, which connects to a bitcoin wallet, the release explains. They would then be charged $2 for a cup of coffee, which the system would then convert into roughly 15,800 satoshis (smallest subdivision of a bitcoin).

Grygorovych said the team modified a commercially available coffee maker, which already had the ability to connect to the internet, making accessing the Lightning Network relatively easy.

"We just need to put this hardware inside," Prikhodko said.

Moreover, Prikhodko explained, "Cheaper [chips] can be installed into a majority of vending machines, so you can use them whenever you want ... like universities or malls. And people [who] have bitcoin wallets with Lightning support can just pay with no issues."

While the first coffee machine LightningPeach has modified remains operational inside Bitfury's office, there are no plans to distribute a mass-production version at this time. Rather, the device was built to determine whether Lightning-compatible vending machines were feasible at all.

"We're still thinking if we should scale this or just keep this … but overall we work with lots of companies around the world in understanding use cases and understanding what needs to be created, how real businesses … [might] use Lightning. That's just one example," Grygorovych said.

LightningPeach coffee machine image courtesy Rachel Pipan/Bitfury

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.


Galaxy Capital Leads $16 Million Funding for Crypto Project Caspian

Institutional traders simply need better crypto tools.

That's the driving idea behind a union between Kenetic, a crypto firm based in Hong Kong, and Tora, a trading systems firm that already supplies order execution, portfolio management, risk assessment and compliance services for well-established asset classes. Announced today, both companies are teaming up to create Caspian, a project that has raised $16 million in funding via a token presale.

Investors in the round include Kenetic, Galaxy Investment Partners, Octagon Strategy, Techemy Capital, Global Advisors and Bletchley Park, according to David Wills of Kenetic.

Wills called Caspian "a frictionless on-ramp for crypto traders."

Continuing, Wills said Caspian was built out of a need – one he saw firsthand when he transitioned from running a trading desk at the hedge fund Och-Ziff to Kenetic. Instead of having all the tools at their disposal, Kenetic was hacking together ways of making reports and visualizations to share data with the compliance and risk teams.

"When I joined Kenetic, and it was sort of early days of running the business, it became very clear that different parts of our business needed a proper system to run all those businesses successfully," he told CoinDesk.

Ari Paul of BlockTower Capital, a partner on the project, agreed. "Liquidity is fragmented across dozens of exchanges globally, each with their own quirky API connections. Professional trading software will facilitate greater liquidity in crypto assets," he told CoinDesk in an email.

Wills knew these products already existed in traditional finance but they just needed to be repurposed for crypto. And knowing the team at Tora from his prior career, he asked them for help.

"We just sort of got the two management teams together and realized there was good culture fit," Wills said. "They brought the trading system and we brought the connectivity to the crypto space."

While the market for initial coin offerings (ICOs) has cooled somewhat, the companies are still pursuing a public sale in early October, looking to raise $1.5 million to $2 million from its relatively large community following.

"To be honest it's more of a community building activity," Wills said.

Still, the team at Caspian has been encouraged by the size of the client pipeline they could have. The token will be used to buy access to Caspian; users that pay in the token will get a discount over those that don't.

There will be one billion caspian tokens, which were created with the ethereum token standard ERC-20. Of those, 40 percent are available for the token sale, with 32 percent available in the reserve for various future uses. The rest will be set aside for staff, advisors and the like.

According to Wills, some of the reserve could be sold later to fund building out a retail-friendly version of the service, or it could simply be put on the market to increase the supply available to existing users.

In a slide deck, the company contends it's already plugged in to 25 crypto exchanges, and offering a useable product to institutional clients.

Speaking to that, Wills concluded:

"We're open for business."


IBM, Hacera Create Distributed 'Yellow Pages' for Blockchain Networks

IBM has teamed up with enterprise blockchain firm Hacera to launch a yellow pages-like directory aimed to make it easier for interested companies to participate in blockchain projects across the globe.

Jerry Cuomo, vice president at IBM Blockchain, wrote in a blog post on Thursday that the directory – called Unbounded Registry – is now up and running, and aggregates a list of decentralized platforms built on various blockchain networks.

The goal, as explained by Cuomo, is to have an information hub that can inform companies who are looking to adopt blockchain what options are out there and how they can participate in projects, especially those built on private networks that are invitation-only.

Currently listed on the registry are efforts launched by both startups and major financial and technology giants such as IBM, Huawei, Oracle, SAP and the Hong Kong Monetary Authority.

For each project, the registry provides a brief explanation and a list of recent news events. It further offers a channel – after a sign-up process – for interested parties to directly message the respective teams.

Built on top of the Linux Foundation's Hyperledger Fabric 1.0, Unbounded Registry itself is an open-source application that allows blockchain projects to register their information in a distributed fashion.

Cuomo added that the registry also interoperates with major blockchain platforms, so far including Hyperledger Fabric, R3 Corda, EEA Quorum and Stellar.

Explaining the reasons for the directory, he wrote:

"We realized from the start that you cannot do blockchain on your own; you need a vibrant community and ecosystem of like-minded innovators who share the vision of helping to transform the way companies conduct business in the global economy."


Blockchain Could Boost Trade Finance by $1 Trillion, WEF Research Says

Blockchain is able to fill in much of the $1.5 trillion-dollar supply-demand gap in global trade finance by easing financing for small- and medium-sized enterprises (SMEs) in emerging markets, new research says.

Jointly conducted and released by the World Economic Forum and Bain&Company, the research indicates that, by deploying blockchain, global businesses can generate an extra $1 trillion in trade finance that would otherwise be missed out on.

According to an Asian Development Bank calculation, the global trade finance gap is currently at $1.5 trillion and is estimated to grow to $2.4 trillion by 2025. The research further explains that this issue largely arises from limited access to credit and loans for SMEs that are looking to expand their businesses.

The researchers argue, however, that this missing funding can be reduced by $1 trillion if blockchain "is used more broadly," since distributed networks are able to share business records across financial institutions along the supply chain and bring transparency to businesses' credibility.

"They would help mitigate credit risk, lower fees and remove barriers to trade," the researchers write, adding:

"If implemented, the main beneficiaries are set to be SMEs and emerging markets, which suffer most from a lack of access to credit and have ample room to grow trade."

The researchers further added that a blockchain-based trade finance system would be particularly beneficial to Asian economies as they account for 7 percent ($105 billion) of the trade finance gap, with 75 percent of the global document-based transactions across supply chains.


Five Reasons That Make August 2018 Great For Cryptocurrencies Market

The crisis of Bitcoin and cryptocurrencies continued since January 9, 2018, it was born the first month of the calendar year, it has been there for so long that many investors and traders have lost hope that this difficult period will end for the market.

But as I said earlier, the current crisis revolves about one thing: regulation and rationing in order to make trading and investment legal and recognized, but also to protect investors money from theft, fraud and to combat the painful hacking and trading of these assets.

Currently in July there are moves to regulate these assets more clearly, and there are several reasons that makes me expect the end of the crypto currency crisis in August.

• The European Parliament’s report advises regulators to engage rationally with cryptocurrencies:

Earlier this month, the European Parliament issued a report advising regulators to deal with Bitcoin and crypto currencies like any other financial instrument.

The 33-page report said: “Policy makers and regulators should not ignore virtual currencies, and should not try to ban them. Both extreme approaches are incorrect.”

Ignoring or blocking crypto currencies is not a solution to deal with a self-imposed sector with a good future and many traditional investors are planning to invest in it.

This report will be the cornerstone of the EU’s position on these digital assets.

• Meeting of G20 finance ministers in Argentina:

In the 21 and 22 of this month, G20 Finance Ministers will meet in Argentina on important economic topics, including the regulation of encrypted digital currencies.

During the previous meeting, July was identified as the month of regulation and that the finance ministers and central bank leaders of the world’s 20 economic powers, which include Saudi Arabia and the Arab world, would put laws in place to regulate the new trade.

The upcoming meeting will be crucial and will explain the direction of the 20 most important economies in the world, and how these systems will deal with digital currencies, particularly Bitcoin.

• Ripple trial on 8 August:

On June 27, chief executive Brad Garlinghouse and Ripple Labs Inc. received an invitation to appear before the California Supreme Court for alleged manipulation of the XRP Ripple prices for their benefit.

The suit against Ripple is for stock fraud. The plaintiff claims this time that Ripple Lab Inc. is manipulating the price of its own encrypted currency to take advantage of deceptive moves. And that they are cash and not real currency.

The plaintiff is named Vladi Zakinov. The first hearing on this case is scheduled for August 8, 2018.

The verdict is not expected to be heard from a single session, but this session will show us how much we can bet on this encoded digital currency that will be discounted this year.

• The US Securities and Exchange Commission is studying the Bitcoin ETF Index:

Another request was made for the ETF to be accredited to the Securities and Exchange Commission (SEC), this time by the CBOE of the Chicago Board.

These documents, submitted by CBOE Global Markets on June 20, offer investment in KFH and enable the circulation of the digital currency to the public as well as facilitate trading. The agency also seeks to partner with VanEck Investment and SolidX for the purpose of establishing this investment fund.

CBOE is demanding the listing and trading of the shares of VanEck SolidX Bitcoin Trust that results from a partnership between VanEck and SolidX, which applied for an ETF support file at the beginning of June.

According to the Securities and Exchange Commission’s notice, VanEck SolidX Bitcoin Trust shares are worth about 25 Bitcoin.

If CBOE receives an approval from the Securities and Exchange Commission on the ETF, then the expected investment opportunities will be available sometime in the first quarter of 2019.

The issue is expected to be settled on August 10 or August 16, 2018. The agreement is expected to open the door for traditional investors to invest in this fund therefore, the Bitcoin and digital currencies market will have more investment.

• August 2018 is a candidate on the basis of history:

June-July last year witnessed a sharp decline in digital currencies, from 2,900$ for one Bitcoin unit to 1965$ at the end of 17 July session, and then began to recover strongly in August, with the world’s biggest currency making good gains, rising along the eighth month to 4,700$ at 31 August session.

This scenario is unlikely to recur this year as the world’s largest currency, with the rest of the currencies, could begin to recover in the coming period.

It’s not strange for August month, the historic witness of Japan’s nuclear fall, the end of the Second World War of 1945, the crime of abandonment of the Golden System in 1971 and the birth of the 2008 crisis and China’s success over Japan economically, to witness also the end of the digital currencies suffering, the establishment of its era and the end of the cash currencies era!


This 19-year-old bitcoin millionaire offers 'crucial' advice for young people looking to invest

Teenage bitcoin millionaire Erik Finman, 19, has advice for young people looking to invest in the cryptocurrency: "Find what you're good at, and find a way to make money doing it."

"This is crucial for young people," he writes on Twitter. "Establishing an extra stream of income will allow you to start investing earlier."

Finman currently owns 401 bitcoins, which he confirmed with CNBC Make It, or over $4.4 million at the rate of $11,182 a coin. The teenager began investing in bitcoin in May 2011, after receiving a $1,000 gift from his grandmother at age 12.

Finman tells Forbes that his knack for politics is actually what got him interested in bitcoin initially. "[I] saw this as an incredible way to transcend the financial system including Wall Street," he tells the magazine.

However, notable financial experts like Warren Buffett have warned against investing in bitcoin.

"In terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a bad ending," the billionaire investor told CNBC.

Other bitcoin millionaires have also warned against sinking money into bitcoin, nothing that it's not secure and has no real value. But Finman refutes that claim.

On his Twitter, he writes that people often say, "Bitcoin isn't real, it's just numbers on a computer screen!"

The millionaire argues that the dollars in your bank account are also just numbers on a screen. "Bitcoin is just as real as fiat money, except Bitcoin can't be printed endlessly," he writes.

The teenager remains optimistic about bitcoin's prospects and advises other young people to take part in the crypto-craze. "What I love about Bitcoin is that instead of some rich old guy on Wall Street. Young poor people are the ones getting rich," he writes on Twitter.

In fact, the 19-year-old believes that investing in cryptocurrency is one of the fastest ways for young people to attain wealth.

"Cryptocurrency represents the largest transfer of wealth our generation has ever seen," he writes. "Never before have young people been able to change economic classes so quickly." He's proof of that.

Finman had a 2.1 GPA in high school and says his teachers considered him a failure.

"One teacher told me to drop out and work at McDonald's because that was all I would amount to for the rest of my life," says the the teen. So he dropped out.

He also made a bet with his Stanford-educated parents that if he became a millionaire by 18, he wouldn't have to go to college. Investing in bitcoin helped him avoid that fate.

After selling his first bitcoin investments in 2013, Finman walked away with $100,000. At the time, each bitcoin was valued at $1,200.

With the money he earned, Finman launched an online education company in 2014 called Botangle, which he later sold for 300 bitcoins. Since then, he has been working with NASA to launch a rocket through the ELaNa project and managing his family's bitcoin investments.

He's also made personal smaller investments in other cryptocurrencies, including litecoin and ethereum.

The bitcoin millionaire says he strongly believes that this is just the beginning of cryptocurrency.

"Deep down, everybody knows cryptocurrencies are the future. Even the bankers and Wall Street know it," he writes on his Twitter. "The only debate is how long until it completely takes over."


First Bitcoin Futures Contract Expired at $10,900

Cryptocurrency enthusiasts took the decision by the Chicago Board Options Exchange (CBOE) to launch bitcoin futures contracts in mid-December of 2017 as a largely positive sign for the leading digital currency by market cap. Bitcoin had already clenched the dominant position among a growing field of cryptocurrencies, maintaining dominance even as newer and flashy alternatives hit the market.

In mid-December, the launch of futures related to bitcoin seemed to suggest that the cryptocurrency world was coming closer toward the mainstream investment world, too. Now, after the first bitcoin futures contract closed last week, it seems that the close may have been a victory for those who were bearish on the top-ranked cryptocurrency. (See also: Bitcoin Futures on CBOE vs. CME: What's the Difference?)

First Futures Closed at $10,900

According to Coin Telegraph, the first bitcoin futures contract closed on January 17 at $10,900. As of roughly a week before, there were just under 2,000 short position contracts for bitcoin futures active on CBOE. As of the time that the first batch of futures closed, bitcoin had fallen significantly.

CBOE chief executive Ed Tilly remarked on the outcome, indicating that "[the] market experienced a smooth operational close and the settlement process worked as designed."

Down From $17,000

On December 11, 2017, the day that CBOE launched the bitcoin futures contract, the price of a single coin hovered around $17,000. (See also: CBOE to Start Bitcoin Futures Trading on Dec. 10.) The flurry of activit on the CBOE site crashed the exchange temporarily.

CBOE's launch was followed just a week later by CME Group, which offered bitcoin futures trading on December 18, 2017. One distinction between the two is that CBOE's contracts represent a single bitcoin, while CME's are tied to five coins. The first batch of CME bitcoin futures contracts will expire on January 26.

While the launch of bitcoin-linked futures contracts may suggest that mainstream financial institutions are warming to the idea of cryptocurrencies more broadly, it remains to be seen exactly how the futures market will play out.

CFA Russell Rhoads wrote on the CBOE blog that "the question I am constantly hearing is, 'how will the futures prices relate to spot bitcoin pricing,' and the best...answer I can give is, 'I don't know.'" For the time being, it seems that the earliest futures contracts for the top cryptocurrency ended up favoring bearish investors.

Investing in cryptocurrencies and other Initial Coin Offerings ("ICOs") is highly risky and speculative, and this article is not a recommendation by Investopedia or the writer to invest in cryptocurrencies or other ICOs. Since each individual's situation is unique, a qualified professional should always be consulted before making any financial decisions. Investopedia makes no representations or warranties as to the accuracy or timeliness of the information contained herein. As of the date this article was written, the author owns cryptocurrencies


South Africa’s Central Bank Launches Ethereum-Based Blockchain PoC

The central bank of South Africa has launched a new proof-of-concept (PoC) project to replicate interbank settlements on an Ethereum-based blockchain.

The South African Reserve Bank (SARB), the country’s central bank, has announced a new FinTech initiative that will include ‘Project Khokha’ – a blockchain PoC endeavor via a partnership with Ethereum coder collective ConsenSys, an official announcement revealed. As the central bank’s technology partner, the Brooklyn-based Ethereum blockchain developer will enable the ‘processing of wholesale payments using Quorum’, an Ethereum enterprise blockchain developed by JPMorgan and EthLab, an Ethereum developer startup.

An excerpt from the announcement read:

“The aim of this project is to gain a practical understanding of distributed ledger technologies (DLTs) through the development of a proof of concept (PoC) in collaboration with the banking industry. The objective of the PoC is to replicate interbank clearing and settlement on a DLT which will allow the SARB and industry to jointly assess the potential benefits and risks of DLTs.”

The development to explore blockchain technology comes despite statements to the contrary by the central bank’s deputy governor who claimed the issuance of a blockchain-enabled central bank cryptocurrency would be “too risky”, in August 2017.

The SARB also plans to issue its own digital token to power its interbank settlement PoC, similar to its counterpart in Singapore. The Asian nation’s own blockchain endeavor, Project Ubin, saw the central bank tokenize a Singaporean dollar as the digital token to fuel its interbank blockchain concept, also based on Ethereum.

The SARB insists the PoC project does not directly imply a major pivot to adopting a blockchain as the core technology powering the country’s national payments infrastructure. Instead, the practical experiment will help understand the implications of ‘using a tokenized asset’ on a blockchain to transfer value, the central bank added.

A public report in the aftermath of the PoC will be released in Q2 2018, the central bank adde


Learn about Bitcoin futures at CME Group, including contract specifications. Bitcoin futures are based on the CME CF Bitcoin Reference Rate (BRR). ... leading and largest derivatives marketplace: CME Group, where the world comes to manage risk. Bitcoin Futures. Product, Last, Change, Chart, Globex Vol ...


Litecoin Price Cracks $235 as Rally Extends Another 16 Percent Litecoin price

The Litecoin price extended its rally on Thursday, rising 16 percent to briefly crack the $235 barrier and achieve its highest mark in a month.

Litecoin Price Rally Continues

Yesterday, the Litecoin price achieved the $200 mark and raised LTC/BTC to its highest value in nearly three years. Today, Litecoin’s bullish advance continued, and LTC rose as high as $236 on Bitfinex, notching its highest mark since Jan. 15.

At the time of writing, Litecoin was trading at $219 and boasted a market cap of $12.4 billion.

Litecoin’s trading volume remains relatively decentralized, with no single exchange accounting for more than 16 percent of global LTC trading volume. Notably, LTC volume has surged on South Korean exchange Upbit, from about $62 million on Wednesday to $237 million today. Fellow Seoul-based exchange Bithumb experienced a comparable increase, and the two exchanges — each of which currently prices Litecoin at a five percent premium — now account for a combined 16.5 percent of LTC’s daily trading volume.

Litecoin Community Builds Out Infrastructure

The continued rally appears to be predicated on the assumption that increased LTC payments infrastructure will enable Litecoin to become the de facto cryptocurrency of choice for everyday transactions

As CCN reported, LitePay — a payment processing firm modeled after industry giant BitPay — plans to launch on Feb. 26. LitePay claims that its products will provide both merchants and consumers with the ability to seamlessly send and receive LTC payments.

Additionally, Coinbase rolled out an upgraded merchant processing platform on Wednesday, which enables merchants to begin accepting cryptocurrency payments directly into a user-controlled wallet. The platform is compatible with the four cryptocurrencies currently supported by Coinbase, including Litecoin.

However, Litecoin creator Charlie Lee reminded the community on Twitter that these are not the only major developments he believes Litecoin is slated to achieve this year. Hinting at insider information, he has also suggested that Litecoin will be added to a popular web wallet, be accepted at a “goods trading platform,” and feature in “one huge unexpected surprise.”