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On 28th February, Telegram Open Network Limited was registered in Britain under the name Pavel Durov (the founder of Telegram). Telegram is a chat app, which has almost 200 million monthly users and is a commonly used platform for both ICO teams and investors, so that they can interact with each other.

 

 

 

 

 

 

 

 

 

 

According to the latest telegram ICO news, the new crypto-project of the company has raised a huge amount of $1.7 billion in funding for its token sale, up to now, and will be providing services such as:

  • File storage
  • Private VPN
  • Encrypted browsing platforms
  • Services for decentralized apps
  • Decentralized browsing
  • Micropayments
  • P2P payment capabilities

Crypto Scam Alert

The company, Telegram Open Network appears to have been formed in an exertion to divert funds away from the legitimate project and it would have accomplished, if the scam didn’t expose. Their legal registration as a company could’ve legalized the project in the front of genuine investors, however, the project recently grabbed the attention of Telegram. A tweet was posted on 6th April, which revealed that it was entirely unrelated to the official project. According to this tweet by Telegram Open Network Limited, the company wasn’t linked to Durov and cited numerous red flags that raised incredulity in register document.

$1.13 Billion In Paid-Up Capital

Telegram Open Network has claimed to have $1.13 billion in paid-up capital in their registeration, and this is something which elevated uncertainties. Seemingly, the process of registration for British companies isn’t as severe as it might be anticipated however, applicants are expected to confirm their own details without actual oversight, and the procedure can be finished online for under $20 at Companies House.

Low Barriers to Entry

Even with difficulties for startups, the company’s registration can allow scammers to play away from the victims, especially from those who are searching for the legitimate registration without examining the details. Last week, the Telegram’s ICO made almost $850 million. Various investors have already earned a lot by flicking their tokens before the sale went public. With demand for a place in this enormous ICO success, it is not hard to envision how the bogus company could’ve deceived genuine investors who were eager to contribute to the action.

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What Are Some Safest Bitcoin Wallets You Can Trust?

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A Bitcoin wallet is basically equivalent to a bank account for the traditional money. It is used to store bitcoins and make transactions with other users.

Bitcoin’s value has raised incredibly over the years. At the time of writing, one BTC is worth $1174.00 USD and it is expected to go even higher for the upcoming days. Apart from being extremely valuable, Bitcoin has also attracted the attention of hackers from all across the world as they are always developing new techniques to breach the Bitcoin security and steal your coins.

To keep the coins protected, it’s essential to use the wallets that offer foolproof security, high reliability and less vulnerability against these attacks.

Here we have discussed some of the most reliable Bitcoin wallets that you can use to keep your Bitcoin assets well-protected. (Also, don’t forget to read our guide on how to secure a Bitcoin wallet)

Copay:

The first one on our lists of safest Bitcoin wallets online is Copay. It’s a multi-signature wallet and comes with a unique feature of restoring funds in a wallet by exploiting old backups.

The service also prompts its users to back up new information at regular intervals to avoid the loss of data.

The only complaint regarding Copay is its slow speed. But it doesn’t stop it from being one of the best iOS wallets out there.

However, Copay is not only limited to iOS. The users of Android and Desktop applications can also enjoy its unique features in a similar fashion.

Bitcoin Armory:

Also known as Armory - this wallet is particularly designed for desktop users and is one of the best out there.

Ever since the smartphones have taken over, the desktop wallets have fallen out of favor. But the Armory still remains to be one of the favorites due to its excellent functioning.

The wallet offers:

  • Multi-signature ability
  • Full node verification
  • HD privacy

And is an open source software.

Blockchain:

One of the most renowned Bitcoin Wallets Address. The Blockchain is available for iOS, Android as well as web browser users.

The wallet provides complete Tor Support Privacy and comes with trusted server verification.

Blockchain is being anticipated to grow more in future due to its exceptionally high amount of capital and the ongoing R&D which aims at making the product even better.

Trezor:

Trezor features cold storage and is a hardware bitcoin wallet. The wallet is open source and carries all the information required to make Bitcoin transactions. The wallet can easily be carried in your pocket. However, the service does not come for free. The price tag is $119.

Xapo:

Xapo is available only for desktop users. It comes with trusted server verification and is probably the only wallet that provides its account holders with insurance. Similar to all other wallets, Xapo is also an open source software.

Green Address:

Green Address is available for android, iOS and web browsers and is a multi-signature wallet. It comes with HD privacy and trusted server verification. One of the reasons why Green Address is popular among the users is its availability as a Chrome extension, which makes accessing it simple and straightforward.

These are some top-notch wallets for users to keep their bitcoins from security vulnerabilities. Some other wallets that you might want to consider are Cool Wallet, Holy Transaction, Ledger, etc.

All these wallets are outright reliable and ensure the highest level of security for their users.

Want to set up a Bitcoin wallet? Read our guide on how to set up a Bitcoin wallet.

 

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What Is A Bitcoin Faucet? What Are Top 5 Bitcoin Faucets?

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A Bitcoin faucet is a reward framework, in the form of a website or mobile application, that distribute rewards in Satoshi, which is a hundredth of a millionth BTC. Satoshi is awarded to only those who successfully complete a specific task or captcha given by the website.

There exist countless faucets. However, as with everything else, the faucets aren’t the same in value. What’s more, clients regularly think that it’s staggering to pick the correct faucet.

Here, for your ease, we are going to break down 5 of the top bitcoin faucets out there.

Because of the way that the market is continually transforming, we won’t call this rundown far-reaching or convincing, however, you likely won’t turn out badly with these faucets.

Warning: Based on skill, ad revenue, and several other, factors, your earnings may differ from the earning mentioned in this article.

So, let’s get started with knowing what are the  top 5 bitcoin faucets that can use to earn money.

  1. Milli

We may sound a bit biased, but Milli is the best Bitcoin faucet around. Its features include:

  • Offers the highest payouts
  • Special bonuses based on seniority
  • Referral commissions for bringing in new users

Moreover, Milli has a dynamic support comment section where clients can voice their worries and get immediate support inside 24 hours.

  1. Bitcoin Aliens:

Several bitcoin faucets offer hourly earnings, but “Bitcoin Aliens” tops them all.

The faucet is one of the highest paying out there, averaging rewards in the excess of 4,300 Satoshi per hour.

  1. Bonus Bitcoin:

Bonus Bitcoin is actually a collection of several other faucets; 20 to be precise.

Bonus Bitcoin differs from other faucets, in the sense that other faucets force their users to wait for around 10-20 minutes before moving on to another task.

With Bonus Bitcoin, you can just get to another task without having to wait around. Utilizing this faucet, clients can gain up to 40,000+ Satoshi every hour, making it one of the most astounding paying faucets out there.

  1. Bitcoin Zebra:

A veteran Bitcoin faucet. The highlights of Bitcoin Zebra include:

  • The users need to “feed the Zebra” at regular intervals
  • The users can receive their payouts in Faucetbox or Xapo wallets.
  • Special incentives for those bringing in new clients
  1. Bitcoinker:

The faucet used to work on the same concept as Bitcoin Zebra, but lately, a few changes were made and now it’s sort of become a twin faucet to “Milli”.

The prominent features of Bitcoinker are:

  • High payouts
  • Seniority bonuses for long-term users
  • Handsome referral commissions

Conclusion:

These are the top 5 Bitcoin faucets. All are entirely amicable towards their clients, offer high payouts and very easy to familiarize with.

Being a beginner, if you are hoping to heap up a reserve of bitcoins, getting associated with one of these faucets is highly recommended.

 

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Best Bitcoin Wallets for Android Devices You Should Consider Using Today

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This post is going to be a detailed review on the best Android Bitcoin wallets however, I’m doing my part by warning you that mobile wallets are the least safe type of bitcoin wallets.
Read: Types of Bitcoin Wallets

The reason behind this is the fact that mobile devices can be easily stolen, lost or broken. The private keys will be stored on your device if you possess a mobile wallet. So, if your device gets destroyed, your coins can’t be accessed either. Meanwhile, if you have a backup pin created for your wallet that you have stored in a safe place, your coins can be retrieved.

Now let’s get on with the reviews!

  1. MYCELIUM Android Bitcoin Wallet

Mycelium is a well-known mobile wallet that provides advanced privacy and security features to its users. It is an open source software program and thus is frequently updated to become a safer and faster wallet in the market. The coins can only be accessed through the mobile wallet as it does not have a web or desktop interface.  One of the major benefits is that you can use Mycelium along with a hardware wallet in order to achieve maximum security of your coins.

  1. AIRBITZ Android Bitcoin Wallet

Airbitz is another well-known open source Android Bitcoin wallet. The wallet is quite similar to BreadWallet because of its simplicity but packs a variety of features to enhance the security of your coins.

  1. BREADWALLET Android Bitcoin Wallet

BreadWallet is known to be one of the simplest android wallets out there. It consists of very basic “send” and “receive” options which make it very easy to use. At the moment, it is only available for Android and iOS.

  1. JAXX Android Bitcoin Wallet

Jaxx is comparatively new and proves to be a strong option among the other mobile wallets. It has the ability to hold a diverse variety of cryptocurrencies, it can also allow you to access your funds from multiple devices. However, one drawback of Jaxx is that it is not an open source software program, which has raised to a lot of safety concerns recently. You are recommended not to store large sums of coins.

  1. COPAY Android Bitcoin Wallet

Copay is a multisignature wallet created by BitPay. Multisignature means that the wallet requires more than one person to approve a transaction before its confirmation. This gives it an increased amount of security if that’s your main concern. Copay has an iOS, Android, and desktop version.

  1. GREENADDRESS Android Bitcoin Wallet

GreenAddress is a solid choice for people who are well experienced with Bitcoin as it has a bit of a weak user interface. Regardless, it offers good features needed to keep your coins secure.  If nothing works out then GreenAddress has got your back!

 

Just a reminder that not every wallet application on Google Play Store is verified. Some apps are created with the sole purpose of stealing the coins you transfer on to the mobile wallet. So, you’re advised to do your research before trusting any unknown wallet. Be sure that you are downloading the official application and not a malicious wallet.

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Bitcoin at New York pre-school

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30 June 2017, After the meeting and inquiries from the parents, the head of two Montessori schools are going to accept the bitcoin.

Marco Ciocca, co-founder of the Flatiron & Soho added this option in the month of June. He held the meeting and inquiry session with parents. Accordingly, this decision comes from a different number of places. Not only school accepting the bitcoins as a payment infect universities including London and Greece are also accepting bitcoin in payment.

About 10 Parents are ready to do payments in the Bitcoin and Mr. Ciocca

He says, “If we talk about just the sort of transactional ease… I think this form of payment will continue to grow”.

Bitcoin is a cryptocurrency, which was used in 2010 first time in the real world. People accept it, spend it, use in exchange and do transactions around the world. Which means, it has some worth, some value.

Today’s value of the bitcoin is $2514.98. whereas its value is double since the start of this year.

Parents are lucky who invest early because they enjoy the rise in the price and discount on school’s hefty that is $31,000.

But Mr. Ciocca opposed the profit from coin value’s fluctuation in the financial market. The will receive tuition fees in bitcoin or other digital currencies.

By accepting these digital payments, Mr. Ciocca drags the parent’s attention toward the technologies’ new trends. This is the easiest way of each kind of payments. He says, “It’s just a much more seamless transaction”.

He was the investor of this-this currency first and want to be the part of its growth. That’s why he followed the currencies and introduce them in his own schooling system.

Story credit: bbc.com

 

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Make money with bitcoin

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Once again cryptocurrency becomes the center of the interest of media and other financial institutions. Earning from bitcoin is not that much difficult. Following are some best ways to earn money from bitcoin.

Mining

Bitcoin mining is costly because of high electricity billing. Therefore, increasing difficulty rate and halving of bitcoin blocks increase the demand. While 21 million is the total supply of bitcoin and mining of coins is still held at large scale with sophisticated equipment. If you are living luxury can easily mint the coins and cash it out.

Mining pool  

Mining of bitcoin through an individual is impossible. If anyone wants the profit over the short period, he/she needs to join the bitcoin mining pool. Miners in the pool are able to use their resources together by sharing their hashing power. Whereas, divide the amount of reward equally according to the share in solving blocks. This platform is also encouraging the small-scale miners to be active in mining activities.

Bitcoin calculation can be complex, due to which pay-per-share offers an instant payout for each share which is solved by the miners. Whereas, in double geometric method operators normalize the payments by receiving a portion of payouts in short rounds and giving back it during long rounds.

Few popular mining pools are;

  • Antpool the largest bitcoin pool controlling 30% of the network’s hash rate.
  • BTCC controlling 15% of network hashing rate.
  • slush pool, the first mining pool containing the 7%.
  • Eligius and bitminter containing the1% hashing power of the network.

Faucets

Most of the faucets are making money websites by placing a different kind of advertisement on their pages. Those, who visit these sites to answer short questions and or solve captchas will receive segment of what the sites collect from advertisement. In most of the cases, each reward timing is about five minutes. Anyone new to the bitcoin can get bitcoin from these faucets.

With the goal to advertise the digital currency among the readers, CCN provides its own faucets. Whereas, CCN will provide the bitcoins free to the reader.

Free bitcoin, bitcoin zebra, moon bitcoin, pocket dice are few Satoshi faucets.

Playing games

A game name oh crop! a game much like plant vs zombies in which player have to defeat the devil plants. Is one the game who come to the bitcoin android space. Where the player receives the payout by watching a video advertisement. There is a number of Sites, who provide the games to earn bitcoin and cash it out in a market.

Reading book is a good habit

PaidBooks.com has the same functionality as the regular faucets have. It pays 400 Satoshi over every 10 minutes with 800 jackpot of Satoshi. This more than free faucets rate.

 Short summary        

There is a large number of methods are available to earn bitcoin free. Once you have bitcoin means you can do transactions through bitcoin or transfer it to fiat money. Above all are few ways of earning money from bitcoin. But be aware of scams.

 

 

 

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