📦 Sep 14 2018: Overstock to sell Bitcoin in 2019, IBM creates the global list of blockchain projects, a large amount of Bitcoins (30,000 BTC) moved from Bitfinex: more news

in #bitcoin6 years ago


📌 Forbes: Overstock to sell Bitcoin in 2019 through its website

Overstock.com plans to implement Bitsy wallet to start Bitcoin sells during next year. Representatives of the company emphasize long-term plans for crypto


Overstock, an American online retailer formed in 1999, can probably adopt the latest trends regarding digital currencies. While more and more companies are developing their own services, focusing on technology, rather than on assets, Overstock is likely to begin selling cryptocurrency directly.

Patrick Byrne, founder and CEO of Overstock said to Forbes:

“We will be offering this through Overstock,” he said. “Expect us to be offering bitcoin by Q1 or Q2 of next year.”

, also adding:

“When you had all these dot-com companies crashing, it wasn’t because something was wrong with the internet technology. Coins are going to come and go, but we’re long-term long on blockchain technology,”

Is it about creating a new trading platform? Perhaps, they just can implement several solutions for currency trade. However, now we only know that Overstock would use Bitsy crypto-wallet for this. Bitsy was developed by Medici Ventures, a part of the company's investment portfolio.

  • Overstock.com, Inc., also known as O.co is US online retailer public company (NASDAQ: OSTK). Earlier, representatives of the company already reported about their interest in the digital assets market. It is important that in December 2013 company already announced the forthcoming start of Bitcoin payments, in 2014, Overstock has actively accepted BTC payments, saying this brought them a significant additional income.

📌 Samsung SDS creates blockchain customs system

Korean Customs Service (KCS) has entered into an agreement with Samsung on the creation of a blockchain platform for custom services


Customs and logistics processes will be reviewed by the many blockchain-startups overtime. This time, a more professional solution is going to be introduced by Samsung SDS. It is reported that the new distributed technology has already been approved by the Korean Customs Service (KCS). This allowed entering an agreement with 48 state institutions, including shipping and insurance companies.

  • Nexledger platform will allow to carry out a large number of operations with real-time data;

  • companies will be able to send export customs declarations between each other;

  • Samsung SDS has promised to expand the development of industrial blockchain systems in the future.

Samsung representatives also clarified that the demand for this technology is caused by the growing volume of electronic commerce: it is likely that the situation is exactly the same in the related insurance, shipping other areas. Therefore, it is worth saying that the platform's potential is very wide.

Know more: SBI Holdings prepares Ripple's ledger for Android and iOS payments. Ripple's DLT-based payments platform named MoneyTap is soon to be distributed by Japanese financial giant.


📌 IBM creates a list of decentralized platforms

The new database of distributed registries will help not only to register or find, but also to connect blockchain projects to launch cross-platform transactions


Probably, the market of distributed platforms remains a blind spot for both consumers and potential investors, so IBM decided to take the case under its wing.

The company joined the HACERA start-up initiative and set the consolidation of existing blockchain projects as its goal: through it, users will be able to find networks or register new blockchain-based solutions and held cross-platform transactions between different projects, which seems much more interesting, so it assumes a sufficiently developed infrastructure.

  • The new registry will be called Unbounded Registry.

  • IBM is set to use the most popular ledger solutions, including The Linux Foundation’s Hyperledger Fabric, Hyperledger Sawtooth, R3 Corda, EEA Quorum, Stellar Network and more.

At the moment it is not entirely clear whether the review of the project will take place, or the registration of the blockchains can be fully automated or require verification. However, it is possible that the register will help the less advertised projects to deal with marketing difficulties and self-presentation.


📌 Bitfinex launches new exchange based on the EOS blockchain

EOSfinex, the new decentralized platform can make distributed trade more productive along with new solutions


Bitfinex, 7th exchange by 24h trading volume, announced the launch of EOSfinex, the decentralized trading platform, which is based on the EOS blockchain.

The company claims that this variant of the trading platform will help most correctly implement the principles of p2p-trading. Truth or not, and whether one of the most used protocols will help in this matter, it will be possible to find out later.

EOSfinex will facilitate a highly scalable network of peer-to-peer value exchange, unconstrained by borders and built around a foundation of transparency, speed and integrity. Read the story in full below. https://t.co/CzORoYpCPv

Bitfinex (@bitfinex) September 13, 2018

Since launching, there will be only BTC/USD, ETH/USD and EOS/BTC trading pairs, and it is also planned to add other tokens.


📌 More updates


  • Users noticed the movement of a large amount of Bitcoins (30,000 BTC) from a 168,789 BTC total-cost wallet.
  • Exodus wallet now supports TRX (TRON) and USDT (Tether). Changes also affected the interface of the wallet and system errors (debugging).
  • Reminding: Tezos mainnet arrives Monday.
  • Bitnovo and Crypto Planet now offer Verge (XVG).

💰Market Cap: $201 097 945 460
💵24h Vol: $13 219 921 875


📊 Prices TOP 14.09.2018


↗️↘️Bitcoin: $6 499,27
↗️↘️ETH: $214,21
↗️↘️XRP: $0,277545
↗️↘️BCH: $452,39
↗️↘️EOS: $5,32
↗️↘️XLM: $0,202055
↗️↘️LTC: $55,46
↗️↘️USDT: $1,00
↗️↘️MONERO: $114,11
↗️↘️ADA: $0,068176


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It is quite bizarre to look back at all the doom and gloom prediction coming from the alleged priesthood of finance, commerce and economy. The "Wolf of Wall Street" guy. I believe Jordan Belfort was his name. Warren Buffet another one that called cryptocurrencies the greatest danger in the history of finance. Yet it seems that developers just plod along and more businesses and institutions take notice.

Well, ladies and gents just like with Donald Trump it looks like the "experts" didn't get this one quite right either.

Thank you for your article icotelegraph. Keep up the good work.

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