Crypto Daily News: Comment and Win SBIs Daily : July 13, 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).
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The News:
Canadian Cryptocurrency Exchange Coinsquare Plots Asian Expansion
Source: CCN
Link: https://www.ccn.com/canadian-cryptocurrency-exchange-coinsquare-plots-asian-expansion/
Summary: Canada-based cryptocurrency exchange Coinsquare is plotting a major expansion into Japan as it prepares to go public later this year.
Trading app Robinhood adds two new cryptocurrencies despite bear market
Source: CCN
Link: https://www.cnbc.com/2018/07/12/trading-app-robinhood-adds-two-new-cryptocurrencies-despite-bear-marke.html
Summary: Despite a sluggish cryptocurrency market, stock trading app Robinhood is adding two new digital currencies to its platform. The company will add Litecoin and Bitcoin Cash to its no-fee app, which already lets users trade bitcoin and ethereum.
China Cracks Down on $1.5B World Cup Cryptocurrency Gambling Operation
Source: CryptoVest
Link: https://cryptovest.com/news/china-cracks-down-on-15b-world-cup-cryptocurrency-gambling-operation/
Summary: Chinese police in Maoming, in southeastern China’s Guangdong province, announced that they had cracked a gambling gang with an online soccer gambling operation focusing on the World Cup and using cryptocurrencies totaling $1.5 billion (CNY 10 billion).
Korean Cryptocurrency Exchanges Pass KBA Regulatory Review – A Boost for Retail Investor Confidence!
Source: Blokt
Link: https://blokt.com/news/korean-cryptocurrency-exchanges-pass-kba-regulatory-review
Summary: The Korean Blockchain Association inspected the security measures of Korean cryptocurrency exchanges. 12 exchanges passed the minimum standards required which included cold wallet storage, minimum total assets, and anti-money laundering requirements. These results may have a positive impact on the cryptocurrency market as it provides greater clarity on the security of cryptocurrency exchanges.
Block Hedge Bangkok: Asia’s Blockchain & Cryptocurrency Event in Thailand Details
Source: Bitcoin Exchange
Link: https://bitcoinexchangeguide.com/block-hedge-bangkok-asias-blockchain-cryptocurrency-event-in-thailand-details/
Summary: The Block Hedge team is bringing South-East Asia’s biggest Blockchain event in Bangkok, Thailand.
Does the future of real estate include Blockchain technology?
Source: Washington Post
Link: https://www.washingtonpost.com/realestate/does-the-future-of-real-estate-include-blockchain-technology/2018/07/12/0a556a50-7bdf-11e8-aeee-4d04c8ac6158_story.html?utm_term=.6f8e1b932e32
Summary: The jury is still out on whether Blockchain is adequately secure and will reduce costs for all transactions and be able to use for real estate.
South Korea to Simplify Blockchain Investment With New Legislative Changes
Source: Cointelegraph
Link: https://cointelegraph.com/news/south-korea-to-simplify-blockchain-investment-with-new-legislative-changes
Summary: South Korea regulators vowed to introduce friendly blockchain investment legislation in a meeting July 13, the latest chapter of an ongoing push to promote the technology nationally.
Here come the first blockchain smartphones: What you need to know
Source: ComputerWorld
Link: https://www.computerworld.com/article/3289687/blockchain/here-come-the-first-blockchain-smartphones-what-you-need-to-know.html
Summary: Two companies are planning to soon launch smartphones with native blockchain capabilities that will allow users to trade digital tokens and store them offline.
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
Special thanks go out to @quochuy, a witness and avid developer of the Vietnamese Community for pointing out to me about the @Steembasicincome program.
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I do not understand why so few attend your event. I will try reteem and share it on my g +, tw and facebook. :)
I will leave the link for today at reply later! :)
Maybe it’s not challenging enough.
I do not think so, I really do not understand the reason! :(
Fresh money instead of SBI, some don't write post daily or even weekly me think!
It is depressing.... no action @ all.
Anh giveaway more than many others lol!
I would love to participate this contest Anh. Eeasy money...lol
LOL :) me too! :)
Here come the first blockchain smartphones: What you need to know
We going to have a blockchain smartphone, this will be a huge event for cryptocurrencies industry. I'm not sure whenever it will be similar to Ledger device. The article also mentioned that the data on the phone will be encrypted. The encrypted phone tends to be running slower and using more battery too. Hopefully by that time phone CPU and batteries can catch up with the demand.
HTC didn't offer any details about how it would enable key recovery on the smartphone
What happened if someone lost the phone? Let's assume they have a backup data for that phone how do they transfer existing data from the old phone to the new one. What kind of password will be required? A 25 random and a combination of words, numbers.. or a self-made password. Maybe its too soon to judge.
Why would you need a phone that has blockchain technology? Not sure what it will add.
It's interesting how Robinhood added Dogecoin nearly half a year before LTC or BCH lol
It seems to be preference. Sometimes it looks like companies make pretty stupid decisions.
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Crypto Exchange Binance is Backing the World’s First Decentralized Bank in Malta. Link https://www.ccn.com/crypto-exchange-binance-is-backing-the-worlds-first-decentralized-bank-in-malta/
Thanks as always @nuoctuong, I really am so into this. I hope more and more Steemians join and follow your daily HOT TOPICS.
Moving on, here's what I have got to say to the first link: Block Hedge Bangkok: Asia’s Blockchain & Cryptocurrency Event in Thailand Details
Cryptocurrency promotions should get a lot of exposure to convince average people to venture on the idea of digital money and how it will soon impact our day to day living. The convenience, as well as the security threats should be transparently laid out for the individuals in order for them to know what measures they would need to take to avoid or lessen the risk of being scammed and worst case scenario hacked.
I would not be surprised. Thailand's economy has been pretty stable owing to the fact that their tourism industry is pretty much increasing every year, if I am not mistaken they are soon to hit th 40 MILLION tourists/year mark. Imagine with cryptocurrency, it will catapult Thailand as one of the best places to visit in the world because along with the beautiful scenery and lavish entertainment that has continuously attracted tourists, the usage of cryptocurrency will make it all the more very convenient for tourists.
Link: China Cracks Down on $1.5B World Cup Cryptocurrency Gambling Operation
Online gambling has been an issue in the past, nothing new to this. It just got an upgrade. LOL. Also, online gambling exists not in China alone, I believe this is a worlwide problem. Even before the proliferation of digital currencies other modes of payments were already used.
Gambling is a reality whether we like it or not. I gamble all of the time. I only gamble with money that I know I can lose without jeopardizing my family livelihood ( paying for food and rent). I can imagine free distribution of money to be a problem for central government as to how to tax that money going through those mechanisms.
Countries that are friendlier to cryptos will attract money and projects into those countries. However those countries need to be stable. Secondly I think cryptos will have to pay some kind of taxes to central government to keep basic functions going.
From the news last year of a real estate accepting only bitcoin, i never knew its because he was trying to avoid IRS, which is very smart of him, the fact is, the blockchain has finally come to stay, the beauty is that it offers a new challenge to this century, banks wants in on this, govt also wants in, it has come to stay.
https://www.washingtonpost.com/realestate/does-the-future-of-real-estate-include-blockchain-technology/2018/07/12/0a556a50-7bdf-11e8-aeee-4d04c8ac6158_story.html?utm_term=.6f8e1b932e32
I laughed my ass out while reading this common, dogecoin is already accepted as a mode of paynent in russia, things like this will never stop. They give more popularity than the news gives.
https://cryptovest.com/news/china-cracks-down-on-15b-world-cup-cryptocurrency-gambling-operation/
I spoke to a teacher yesterday and mentioned that I am in cryptocurrency. She proceeded to say that she heard that they’re making a coin for Chuckie Cheese (a children Game Center). Disparate comments like these are hampering acceptance of the technology.
Cultural differences wouldn't let me perfectly grasp what you're saying, but on a serious note, there are now so many coins out there, airdrops, token for all sort of things, the teacher might be right though, that's my point. That's if she's not actually making fun of you.
Chuckie Cheese is a place little kids go to play video games and arcade. They hand out coins.....
@nuoctuong Taram-pam-pam
ZCASH, CARDANO, STELLAR, BAT AND 0X INCREASE OVER 10% BEFORE POSSIBLE INCLUSION IN COINBASE
Several cryptocurrencies have increased, let's hope it continues like this.
https://www.criptonoticias.com/mercado-cambiario/zcash-cardano-stellar-bat-0x-aumentan-10-posible-inclusion-coinbase/
I have read Trading app Robinhood adds two new cryptocurrencies despite bear market.
I have heard of Robinhood before as an application that makes buying and selling stocks easy. It is a platform meant for small-time traders and people who do not want to spend money on trades.
It is interesting to see them add more cryptocurrencies to the platform. I wonder how other platforms like Coinbase will respond? I use Coinbase myself as it is easy to despoist and withdraw money.