Crypto Daily News: Comment and Win SBIs Daily : July 10, 2018
Welcome to the Crypto Daily News Curator. Below you will find worthy news about cryptocurrency and the blockchain, especially the news coming out from the Asian Community. The goal is to spotlight the best of news about the cryptography community on Steemit.
Read, Comment and Win!
Leave a comment about one of the articles that you read and you will have a chance to earn 1 SBI (@steembasicincome).
I will pick up to 5 posts per day which have good content as WINNERS (I am looking for thoughtful analyses of an article and what your opinion of the piece).
If you're chosen, you will receive 1 share of sponsorship to #steembasicincome from me which will result in upvote from them for life on your postings. I hope this will encourage you to continue to post value-added content to the steemit community.
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Winners will be announced daily.
The News:
Cryptocurrency, S Corporations Make List Of New IRS Compliance Campaigns
Source: Forbes
Link: https://www.forbes.com/sites/kellyphillipserb/2018/07/09/cryptocurrency-s-corporations-make-list-of-new-irs-compliance-campaigns/#7e5a418b597c
Summary: The Large Business and International (LB&I) of the Internal Revenue Service (IRS) has announced five additional compliance campaigns. The campaigns target AMT credits carryforwards, S corporation distributions, virtual currency, reorganizations, and transition tax.
Cryptocurrency start-up suffers 'security breach,' theft of $13.5 million worth of digital tokens
Source: CNBC
Link: https://www.cnbc.com/2018/07/10/bancor-security-breach-13point5-million-worth-of-cryptocurrency-stolen.html
Summary: Cryptocurrency conversion platform Bancor has suffered a “security breach” that saw $13.5 million worth of digital tokens stolen.
Block Hedge Brings You South-East Asia’s Mega Blockchain Event in Thailand
Source: NEWS BTC
Link: https://www.newsbtc.com/press-releases/block-hedge-brings-you-south-east-asias-mega-blockchain-event-in-thailand/
Summary: Press Release: Block Hedge team is now bringing South-East Asia’s biggest Blockchain event in Bangkok on August 31.
Block Hedge Brings You South-East Asia’s Mega Blockchain Event in Thailand
Source: NEWS BTC
Link: https://www.newsbtc.com/press-releases/block-hedge-brings-you-south-east-asias-mega-blockchain-event-in-thailand/
Summary: Press Release: Block Hedge team is now bringing South-East Asia’s biggest Blockchain event in Bangkok on August 31.
Philippine Central Bank Approves Two New Cryptocurrency Exchanges
Source: NEWS BTC
Link: https://finance.yahoo.com/news/philippine-central-bank-approves-two-113342485.html
Summary: The Bangko Sentral ng Pilipinas (BSP) has approved the accreditation of two new virtual currency exchanges, bringing the total number of regulated crypto exchanges in the country to five.
ConsenSys’ Kaleido Expands Blockchain Services into Asia Pacific
Source: CryptoVest
Link: https://cryptovest.com/news/consensys-kaleido-expands-blockchain-services-into-asia-pacific/
Summary:ConsenSys’ Kaleido Blockchain Business Cloud platform, recently launched in collaboration with Amazon Web Services (AWS), will make new investments in Asia Pacific to reflect growing demand for blockchain services.
How Southeast Asia became a blockchain technology hub
Source: CryptoVest
Link: http://www.atimes.com/article/how-southeast-asia-became-a-blockchain-technology-hub/
Summary:A unique regional mix of social and economic factors have combined to make Southeast Asia a rapidly developing blockchain technology hub.
Singapore blockchain centre launches to accelerate ecosystem for SMEs
Source: Channel Asia
Link: https://sg.channelasia.tech/article/643581/singapore-blockchain-centre-launches-accelerate-ecosystem-smes/
Summary:PLMP Fintech has launched a six-story blockchain centre at Serangoon North, focused on accelerating the blockchain ecosystem for Singapore small and medium-sized enterprises (SMEs) across various industries.
The Lion, the Witch and the Bitcoin news machine
Source: Channel Asia
Link: http://www.atimes.com/article/the-lion-the-witch-and-the-bitcoin-news-machine/
Summary:After the mauling it has taken in the markets and the media over the last few weeks, the crypto-currency industry needed some good news. And on Monday it seemed to have found some.
Please share by posting a link of a newsworthy article that I may have missed coming from that day. If I like it, I'll upvote your post.
Yesterday's contributors and winners
There are usually only 5 winners per day. Today there are 7. Special thanks go out to @quochuy, a witness and avid developer of the Vietnamese Community for pointing out to me about the @Steembasicincome program.
Give a man a fish and you feed him for a day. Teach a man to fish and you feed him for a lifetime. - Old Asian proverb
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You are a busy man, I do not think you know about Steembasicincome slow like that. The idea of awarding stocks is a good idea, which encourages people to write more. Thank you like my links :) This weekend I will write articles otherwise you will grow older. LOL
Today is a day the market sunk in the red, terrible! NOW, will be the link of today.
That's all for today :)
Have a nice day @nuoctuong :)
Yes, hurry up and write something before I get too old to respond to you, @haccolong.
Re: Floating city project - Ra?nh! There is something similar in the UAE already developed, no?
$100 million is a lot of money. If I have a $100 million, I wouldn't be here, my friend.
I have posted (one blog), you busy ! :(
I like this post:
http://www.atimes.com/article/how-southeast-asia-became-a-blockchain-technology-hub/
Tôi nhớ có một diễn giả người Việt Nam từng nói" Việt Nam đi sau thế giới về tài chính, công nghiệp và internet từ vài chục đến hàng trăm năm, tuy nhiên trong lĩnh vực blockchain Việt Nam có thể đi ngang hàng hoặc đi nhanh hơn các nước phát triển trên thế giới nếu được đầu tư bài bản". Đúng là blockchain có thể giúp chúng ta sánh vai với các cường quốc khác trên thế giới tuy nhiên cần có sự vào cuộc và đầu tư đúng hướng của nhà nước và các doanh nghiệp. Hiện tại Việt Nam vẫn chưa có dự luật về đầu tư crypto, chưa có các trung tâm lớn đào tạo và nghiên cứu về blockchain. Cho tới nay tôi mới chỉ biết đạị học bách khoa thành phố hồ chí minh là trường đại học đầu tiên đào tạo về blockchain. Viettel là công ty lớn đầu tiên tuyển dụng nhân viên IT làm về lĩnh vực blockchain. Nhìn rộng ra các nước khác Singapo, Thailand, Philipin đặc biệt là Trung Quốc công nghiệp blockchain hết sức phát triển, hàng ngàn dự án đã ra đời và có rất nhiều dự án đình đám. Do chưa có luật nên một số dự án do fouder nười việt sáng lập nên phải đăng ký ở Singapo như dự án Kyber Network của Lợi Lưu, Tomochain của anh Long Vương.... Với dân số đông, lượng ngừoi sử dụng internet ngày càng tăng mức độ quan tâm về crypto và blockchain rất lớn, nguồn nhân lực dồi dào và có chất lượng, đông nam á có tiềm năng rất lớn để trở thành trung tâm blockchain của thế giới. Và Việt Nam cũng vậy. Nếu chính phủ không đầu tư đúng mức, không có các cơ chế, luật pháp về crypto và blockchain, Việt Nam sẽ lại đi sau thế giới như các công nghệ khác.
That's very true! Vietnam has a smart population of young, educated and hard-working people. With an attitude geared toward entrepreneurship, I am sure the Vietnamese will do well as long as there is general support in both law and personal.
Would you believe I've checked all, but couldn't find the one so amusing and instructive like
http://www.atimes.com/article/the-lion-the-witch-and-the-bitcoin-news-machine/
It really shed more light on so many speculations surrounding bitcoin and gave an underlying tone on how the govt wants to control it. For a crypto newbie like me, the way he relates it with the Chronicles of Narnia makes it simple to understand, it also applies to Steemit too you know.
Though there is denial on what he said, still, there is assurance that Bitcoin will soon moon.
I agree!
Link: https://finance.yahoo.com/news/philippine-central-bank-approves-two-113342485.html
A good work, indeed in 2018 this crypto very many fans like in Indonesia, even many who use the crypto for their daily income
Can you elaborate on what you would like for Indonesia to do?
Surely I want my country more developed from now, and Indonesia can compete with other countries
https://sg.channelasia.tech/article/643581/singapore-blockchain-centre-launches-accelerate-ecosystem-smes/
A very brilliant idea,
I'm sure blockchain will make good progress for the future especially now the blockhain users are very crowded, and become trending topic in Indonesia especially banda city aceh, indonesia
How is the adoption of crytocurrency in Indonesia, @xiow-loch?
Implementation of crypto in Indonesia this year is slightly disturbed because of the number of haters who open the application and take advantage of it
Link: https://www.cnbc.com/2018/07/10/bancor-security-breach-13point5-million-worth-of-cryptocurrency-stolen.html
It is unfortunate if it keeps happening that crypto share users experience a loss, I really hope if later the thief was caught and admitted his mistake
That's a big hope!
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That's good to know South-east Asia became a blockchain technology hub because Vietnam is a country in the area. However, Vietnam hasn't had a blast in cryptocurrency technology, which other countries such as Thailand, Maylaysia, the Philippines and Singapore are furthering the development of blockchain by doing a range of research and investment. This might be a welcome sight and Vietnam may be influenced by actions of other nations in the area. I hope Vietnam, with the strong young workforce, high populations and citizens with the increasing concern about crypto and blockchain, will invest and have more positive movements in the ecoin's age, leading to catching up other countries' growth in this field.
Vietnam has a lot of young bright people push this further along than other countries. It is a hub for technology geeks.
Cryptocurrency, the currency of the future. A farfetched idea in the past but at present a certainty. Thanks for always bringing us the hottest news on the cryptoworld @nuoctuong.
I would like to once again throw in my 2 cents worth especially to this link: Philippine Central Bank Approves Two New Cryptocurrency Exchanges
Where? LOL. Kidding aside, while the news says there is a boom unfortunately, it is not felt by the greater citizens of the Philippines. This remains to be seen. In paper, a boom is reported but in the actual set-up, not yet.
Previously, in one of your links, I made a comment and it was about Coins.Ph and its series of issues. They need to resolve that. Next week, I am about to use the services of Coins.Ph and I will give you a heads up.
Also, internet in this part of the world is below par and I believe the slowest in SEA. I wonder how cryptocurrency will ever survive in a country where old-school methods are still being practiced.
I would also want to comment on this link: Singapore blockchain centre launches to accelerate ecosystem for SMEs
This is definitely good news for SMEs. The support of Singaporean government is indeed overwhelming. Perhaps, that is the reason why Singapore is a total power house.
The numbers are totally awesome. I have always wanted to belong in the SME industry here in my home country. Almost difficult to get in when you don't have political connections or any sort of relationships with the government.
Thanks for your great insight, @fotografia101 . Please let me know your experience with coin.ph is like once you have some more experience with them.
This post has received a 10.91 % upvote from @boomerang.