View: 487
Want create site? Find Free WordPress Themes and plugins.

U.S. prosecutors have finally planned to submit their argument in an ICO Fraud. In fact it will prove to be an oversized argument. As we all know that Initial Coin Offering (ICO) refers to someone offering the crypto investors some new cryptocurrency units  or crypto-token in exchange against cryptocurrencies like Bitcoin or Ethereum.

ico fraud

Background of that argument

Maksim Zaslavskiy is by birth United States citizen living in Brooklyn, NY. He is the founder of REcoin and Diamond Reserve Club. REcoin was designed in the form of an innovative token system where brokers, tenants and purchasers etc could purchase REcoin tokens to make easy a variety of real estate transactions. It was claimed that it will also allow users to enter into smart contracts – with the passage of time it all proved to be an illusion.

In Sept. 29, 2017 — the Securities and Exchange Commission (SEC) accused him with a fraud case investors in an initial coin offerings (ICOs).This fraud had a further links to investments in real estate and diamond industry. Maksim Zaslavskiy  was being alleged that the digital tokens offered by him did not really exist.

That’s why In September 2017, the U.S. Securities and Exchange Commission (SEC) filed a suit against Maksim Zaslavskiy , and he was arrested and charged by the Department of Justice (DOJ) in November 2017. As the SEC suit stayed pending due to an outcome of that action, Maksim Zaslavskiy easily pled not guilty to the allegations filed against him. Now, it is in the news that Maksim Zaslavskiy is trying his best to dismiss the lawsuit against him. Maksim Zaslavskiy’s point of view is that tokens sold through an ICO are technically not considered as securities.

What is the statement of SEC?

The statement of SEC goes totally against Maksim Zaslavskiy. That’s the reason why the case of Maksim Zaslavskiy has set the stage for a U.S. federal court that whether token sales can be considered as securities or not.

Furthermore, the Department of Justice is going to submit a reminder that is expected to prove false the claim filed by Maksim Zaslavskiy. It is also in the news that this filing is expected to exceed the maximum size allowed by the court for such arguments, hence a request will also be submitted to grant an exception in that specific case. Though no further details on this topic are to be found elsewhere, however, it is being assumed that the filing in question will be an extraordinary one.

Did you find apk for android? You can find new Free Android Games and apps.

Leave a Reply

Type Comments Here

Your email address will not be published.

Share Your Toughts

View: 475

Robinhood Launches Free Cryptocurrency Trading App in Colorado

Want create site? Find Free WordPress Themes and plugins.

Zero-commission startup exchange, Robinhood has announced its expansion in Colorado through social media giant, Twitter. According to Robinhood, the trading platform is going to provide a commission-free trading for top-cryptocurrencies in the western state, i.e. Bitcoin and Ethereum.

ethereum trading app

Colorado is best known for its blockchain-friendly legislation and ‘rocky mountain peaks’ has joined with few states, including;

  • California
  • Massachusetts
  • Missouri
  • Montana

Response from Twitter Followers

After this announcement on Twitter, a flurry of responses started out, as many requested the trading platform to add Litecoin and plead to expand into other states as well, like; Florida and Texas. According to Robinhood, you can expand the list by asking your friends to join the exchange as well. However, some twitter followers in the states say – where Robinhood cryptocurrency has rolled out, that they are stuck on a waiting list.

Zero-fee Exchange

Zero-fee exchange gains depend on the footholds in the US. If we talk about New York, the Attorney General of New York, Eric Schneiderman is in a bid for better transparency and has contracted with over dozen crypto exchanges with information requests. The expansion was quite enough to send the leading cryptocurrencies’ prices decline a little bit, however, they rallied later.

Gemini, which is a digital assets exchange and is run by the Winklevoss twins, is also ready to comply. However, others find the request quite insolent. Winklevoss twins (Cameron and Tyler Winklevoss) are leading a self-regulatory group as well for better practices in the crypto industry.

 

Robinhood didn’t specify whether it is going to support altcoins beyond Bitcoin and Ethereum but it does propose a market data for numerous altcoins. As the exchange is quite famous amid millennials, it is estimated to have the worth of almost $5.6 billion instantly from its latest. Although Robinhood is introducing a zero-fee crypto trading, it provides a premium account under the name Robinhood Gold as well.

Did you find apk for android? You can find new Free Android Games and apps.
View: 469

3 Reasons To Invest and 3 Reasons Not To invest in Bitcoin

Want create site? Find Free WordPress Themes and plugins.

Owning Bitcoin is the new cool! Those who own Bitcoin have 125% more chance of stealing your girl! Had you bought Bitcoin a couple years ago, you’d be a millionaire by now! This and many other things you’ll get to hear during a Bitcoin discussion. Despite all its cool features, Bitcoin is not a currency that comes from heaven and has its pros and cons.

In this post, we are going to discuss three reasons to buy and three reasons not buy Bitcoin investment.

Get, set, go!

3 Reasons To Buy Bitcoin:

Increased Attention From Major Investors:

Ever since Bitcoin was created, its biggest boosters have been computer geeks. However, the trend is starting to shift as the major investors and financial industry has turned its eye to Bitcoin. A growing number of investors and entrepreneurs have recently joined Bitcoin as they consider it a legitimate asset class such as commodities, bonds, and stocks.

The Number Of Bitcoins Is Limited:

Bitcoin is limited. Yes, it is not your traditional currency which exists in billions or trillions – it’s limited in nature and only 21 million of it will ever come into this world. This is the very reason why Bitcoin is so valuable and has a single BTC being traded at $3456.00 at the time of writing. To your surprise, it’s expected to go even higher.

Some Term Bitcoin As The New Gold:

Those who own and invest in gold do so because it’s an asset whose price is not determined by government. Regardless of the fact that a country is ravaged by war or its improvident national bank keeps on printing excessive cash, the value of gold will remain. Bitcoin has a whole lot of similar qualities. It exists on a decentralized computer network that rises above national fringes, and there is no Federal Reserve-like authority that can downgrade it.

3 Reasons Not Buy Bitcoin:

Core Users Of Bitcoin Are Still Fringe Figures:

Because of obstacles like high transaction fees, slow transaction confirmation, and restrictions on payments through credit/debit cards, Bitcoin’s primary use remains what it has always been: buying drugs and other illicit activities.

The ordinary consumer is still not using it as a payment method, and this is the main reason why Bitcoin is far too less useful than gold in the real world.

Bitcoin Is Highly Volatile:

Bitcoin is highly volatile and has experienced some spectacular crashes over the years. In 2013, for instance, the currency went on to hit $1100 only to fall back to $700 a few months later, and then to $200 in 2015.

While Bitcoin is currently over $3000/BTC, there is no guarantee that it won’t tumble back t0 $2000 or below.

Bitcoin Only Exists On Computers:

This may sound obvious but, Bitcoin is the most intangible form of money in the history of money. It’s basically just a piece of code stored somewhere on the internet and there is no authority in the world you can ask to honor it.

 

Did you find apk for android? You can find new Free Android Games and apps.
View: 558

What is cryptocurrency trading

Want create site? Find Free WordPress Themes and plugins.

Foreign exchange of the digital currencies is known as the crypto-trading. its means you are free to trade different crypto-coins for USD and BTC. Basically, trading is another to entered in crypto-world. It doesn’t need any investment, mining hardware or extra fees.

Why do we need to trade bitcoin and not forex?

To start earning money by trading, you need half an hour. In addition, scroll down and open your account with forex. It will take few weeks until they send you to sign up form and access code as well. It will take some time until you transfer your fund from bank account to forex negotiator.

Similarly, it is quite easy to leave crypto-trading. you just need to transfer bitcoin through an exchange

and its done.

Smaller spreads

One enormous advantage of the bitcoin is low spreads. In addition, the spread is a term which defines the difference between ask and bid price of the market marker.

Smaller spreads mean, when you exchange, you have ended approximately no loss. On the conflicting forex (btw. Other than Eur/USD have even advanced spreads), after your exchange, you made a loss of 0.018%, which isn’t irrelevant. So, do not be unable to remember to check your transactions at your exchange.

Crypto-exchange margin

The concept of leverage and margin trading is possible on forex as on crypto-exchange.

Margin trading allows you to borrow buying/selling power from peer to peer funding providers, but you need to allocate some funds first. Which won’t be reachable until you return the loaning fund.

Leverage at crypto-exchange

A possibility to trade an amount which you don’t have at your clearance. Usually, exchange offers a leverage of 1:10. It means you get 10 dollars buying power. In short, higher risk provides you the possibilities of higher profit.

Getting started trading cryptocurrencies

First, you need a wallet, you will able to buy cryptocurrencies like bitcoin or ethereum and protect them. A number of Crypto-exchange has free wallets with trade ability. But a suggestion is, don’t put your all bitcoin at single place. In this way, you will minimize the hacked or scammed risk. And, one more thing, not forgets to activate your 2FA authentication.

Contact for difference

Bitcoin and ethereum’s CFDs offers to trade without any coin. Basically, CFDs is a contract between purchasers and vendor.  Where seller will pay the amount of crypto asset and the price at the end of the contract to the consumer. These certificates are mostly used on goods.

Pros and cons of using CFDs

Two benefits of using CFDs are;

Trust

CFD platforms have been funded for many years ago. They are actually controlled by the governments.

Simplicity

You are trading with the cryptocurrency or with fiat currency the entire process is same and simple.

 

 

Did you find apk for android? You can find new Free Android Games and apps.
View: 541

How to secure your Bitcoin Wallets

Want create site? Find Free WordPress Themes and plugins.

How to secure your Bitcoin Wallets

If you are going to do transactions through bitcoin, then you need a wallet. Without any wallet, you are unable to do that. For transactions purpose, you have to download or create secure bitcoin wallet address. The most important thing is, how you can secure your wallets from scams.

Wait …. Wait…

Here, we will discuss your wallet security but first, you have to know about wallets and types of it. Some of them are;

  1. Online bitcoin wallets
  2. Bitcoin hardware wallets
  3. Software wallets
  4. Paper wallets

Each wallet has its own characteristics. Like, you can do low-cost transactions by using online bitcoin wallet. i.e. COPAY available on IOS & on all windows. If you need to secure your transaction process you also can use bitcoin hardware wallets. i.e. ledger Nano, Trezor, OpenDime, etc. In addition, paper wallets are private keys printed from the offline computer.

Security terms for bitcoin wallets:

As, we know that, there is no middle authority to control the transaction process. The margin of risk at your end is too much high. Especially, when your transactions are in billions. At that point, you need crystal clear and transparent transaction system. I am here, to provide you complete detail about the security of your money. Because there are a large number of scams in the market.

Don’t be afraid, there are many secure ways for your money transactions. By keeping these points in mind, you can keep your spending habits private.

Keep separate wallet with strong password:

There are a large number of wallets/addresses for your bitcoin Then, to protect your wallets from scams, encrypt it with the strong password.

You can use paper wallet and hardware wallets for savings. Whereas, for daily expenses, use mobile, window wallets.

Protect your privacy:

you, then download the whole blockchain like bitcoin core or armory. Never ever tell your private key to anyone.  Bank account number is equitant to your wallet address, then, your private wallet key is your pin.

Don’t re-use the wallet addresses:

Today’s wallets use a new address for each transaction. Which makes the easy way to group transactions, difficult or totally insane decision of taking or re-use the address as in group transaction.

Backups:

Users of bitcoin should keep the backup of his/her wallets in the different form.

Instructions are depending on your client. For example, the desktop client is used to store your bitcoin wallets. In the case of fire or water damage, you need to keep your backups in separate physical form.  For extra protection of paper, wallets are to write in metal form.

Web wallets side effects:

There are more than 100 cases of hacking of bitcoin wallets. Web wallets should be used in daily spending. For the sake of saving bitcoins, you need cold storage.

Brain wallets:

These wallets are another example of cold storage wallet. Basically, it is the combination of numbers and words you keep in your brain. When you are going to enter passphrase into a site, you’ll get your private key.

Tags: Most secure Wallet

At the end…

Above all is the short discussion to secure bitcoin wallets address as well as bitcoin. Once you take the step in bitcoin revolution then it is not difficult to maintain its wallets.

GOOD LUCK!

 

 

Did you find apk for android? You can find new Free Android Games and apps.
View: 440

Bitcoin could reach $5 trillion

Want create site? Find Free WordPress Themes and plugins.

28 June 2017, well-known investor Michael Novogratz states that 10% of his money is in bitcoin and Ether platform. His prediction about the digital currencies value is up to $5 trillion in five years. It is depending on the adoption stamina of an industry.

Now, we are at the departure position because Nasdaq got $5.4 trillion in 1999 and poured it into space. pay your taxes on your own because nobody pays such taxes in that space. This system is establishing because of the revolutionary

Spirit.

Meanwhile, companies get furious to obtain this value. For that purpose, companies need to develop their business and start working on new project which has the ability to satisfy the regulators. But, at this time bitcoin is not in the position to correct street by the black market as well as hackers.

A few days ago, digital currency took reputational collapse because of the cyber-attack.

With 140% gained during a year, Bitcoin is the prime cryptocurrency with $2547 trading value. Whereas, ether’s value is $240 this year.

Accordingly, market cap data, ether’s market cap is $28,589,831,650 while bitcoin reaches to $41,973,033,307.

Novogratz enjoying the profit gained from these digital currencies. He wants to invest more than 10% of his money in the digital platform.

Goodluck!

 

 

Did you find apk for android? You can find new Free Android Games and apps.