“Worldpay has extensive experience guiding cryptocurrency exchanges through the complexities of the global payment ecosystem,” said Jason Pavona, a general manager with Worldpay Solutions.
Well the day is finally here, we have Tether CTO and General Counsel on CNBC to assuage all the FUD going around. https://www.youtube.com/watch?v=ZBEqyiO35cQ For those too lazy, here are the big questions and answers for ya! How are reserves backed? "Trust me its all good" Can you tell us about intermediary banks you use…
Read more
At the end of 2020 and the beginning of 2021, crypto exchanges crackdown on privacy coins. This resulted in Monero, Zcash, Dash, and others being de-listed from these platforms. Regulators from around the world exerted pressure on these entities to “reduce the risk” and “protect” consumers from the alleged dangers of these cryptocurrencies. This is the usual argument wield by institutions and government agencies, protection, order, crime-fighting. Users’ access to tools that protect their identity and financial information has been limited. Regulators purposely omit that privacy is a fundamental human right. Despite their protecting measures, governments and private companies use their citizens’ and consumers’ data for their interest, surveillance, or profit and rarely give them a choice. People are aware of this issue. Thus, the demand for privacy has led to the rise of encrypted messaging apps such as Signals and privacy coins continue to thrive. The BlackHat Coin (BLKC) Project, launched in April 2021 by a community-driven and self-funded initiative, is one of the solutions created to meet users’ demand for privacy. This project seeks to return control and power to the users with a privacy coin running on a stable, decentralized, and resilient node infrastructure. BlackHat Coin Features And Benefit, Stake With Privacy? Deployed on zk-SNARK Sapling protocol developed by the Electric Coin Company, the company behind Zcash, BlackHat Coin leverages untraceable transactions with zero-knowledge proof and a user-friendly approach designed to increase adoption. This privacy coin uses a Proof-Of-Stake (PoS) consensus algorithm and has a limited supply of 21 million BLKC with 1 million premine. Unlike Bitcoin and other privacy coins, the PoS algorithm allows BlackHat Coin to have its strengths without limitations. This project is more energy-efficient, and users don’t require expensive equipment to participate in its network. Thus, it offers a secure and anonymous payment system with the possibility to earn rewards simply by running a personal wallet with BLKC. A home computer, laptop, or even an ARM-based microcomputer is more than sufficient to participate, receive the rewards, and bring more security to the network. Another unique feature with BlackHat Coin is the possibility to stake funds and receive additional rewards. This process uses a hot and cold staking mechanism that allows users to be rewarded by delegating their funds without losing control over their coins. On top of the zk-SNARK Sapling protocol, BlackHat Coin has a second layer of network security formed by masternodes. These entities provide the network with more security and enable transactions to have more validation. Users that run their own masternode can participate in the decentralized governance model via a voting process. Operating with the same level of privacy as the network, the BlackHat Coin governance model allows users to submit and vote for proposals. The result of the voting will determine if a proposal receives community and financial support. The proposal is funded by the BlackHat Community treasury and contributes to the network’s self-sustainability and future development. 2021 could be a year that brings more eyes into the crypto industry. Demand for solutions like BlackHat Coin will most likely continue to rise and positively impact its price, as more users make their way into the network. Fortunately, regulators and government agencies will be unable to breach BLKC holders’ rights. In addition to its consensus and infrastructure benefits, this coin’s transaction history cannot be traced, and its supply cannot be analyzed to identify users. When it comes to privacy and self-security, there can’t be a middle ground. Your information, data, and identity are either safe or compromised. BlackHat Coin prevents the latter as it moves towards a future where BLKC can be easier to apply in the everyday life and support an ecosystem where users can feel safe. https://blackhatco.in https://t.me/blackhatcoin https://blackhatco.in/discord https://twitter.com/blkcoin Image by Sammy-Williams from Pixabay
submitted by /u/Repulsive_Pin_6585 [link] [comments]
So basically what the title says. If it's 12 accounts that have the vast majority of RVN then does that not make the coin liable for price manipulation from them? submitted by /u/CosmosJungle [link] [comments]
Ark Invest has now bought another $10.8 million worth of shares in Grayscale’s Bitcoin Trust. The investment firm bought another 2.14 million shares in the Grayscale Bitcoin Trust, bringing its total shares in the trust to a little over 7 million shares. The firm had been steadily increasing its stake in the Bitcoin trust which currently holds over 600,000 bitcoins, translating to roughly 3.1% of the crypto’s total supply. Related Reading | Bitcoin Crashes Below $30,000, Bear Market Or Bullish Setup? Bitcoin continues to struggle with recovery after the digital asset had plunged past $30,000 in July 2020. The digital asset has so far made a recovery past the $30,000 mark, but the price continues to show suffer from its all-time high in April. Despite this, institutions continue to show more faith in the market even as the price continues to suffer dips. Ark Invest And Crypto Ark Invest which has CEO Cathie Wood at the head has always been at the forefront of crypto investing. The investment firm was among the first to rush to invest in Coinbase when the cryptocurrency exchange had first gone public earlier in the year, listing on the Nasdaq. BTC price posts recovery as price trades above $31,000 | Source: BTCUSD on TradingView.com Back in February, Cathie Wood revealed to Yahoo! Finance that she believed the digital asset could shoot up to as high as $400,000. Wood had stated that the crypto space would see more institutional investors coming into the market. What surprised me and us generally was to watch MicroStrategy, which has put all the cash on its balance sheet into bitcoin — even did another equity offering so it could put more cash on its balance sheet. And I think that’s a little crazy because I think the regulators will have something to say about this. But then you saw Square put 1% of all of its assets in Bitcoin and I think you’re going to see more of that. Cathie Wood had become popular in the investment world by making very risky calls and when those calls turned out to be right, like in the case of Tesla, the CEO’s notoriety increased tremendously. Wood, who remains bullish on Tesla, continues to remain bullish on the digital asset. Bitcoin Price Movements Bitcoin continues to see dips and recoveries as the price crash continues. The price of the digital asset had plummeted past $30,000 for the first time about a month ago, before making a sharp recovery to continue holding the $31,000 resistance point. At the price crash below $30,000 a month ago, Ark Invest had purchased $29 million worth of shares in Grayscale’s Bitcoin Trust. Garnering over 1 million shares at the time. Related Reading | Billionaire Tim Draper Is Unfazed By Market Downtrend, Doubles Down On $250,000 Bitcoin Price Target The most recent purchase by Ark Invest took place on Monday and Tuesday when the coin had dipped below $30,000 for the second time in the span of a month. This seems to put forward a pattern of purchasing for the investment firm. Every time the digital asset’s price dipped below $30,000, Ark Invest doubled down on its investment in the Grayscale Bitcoin Trust. Staying true to the belief of its CEO in bitcoin’s future. Ark Invest also owns shares in crypto-adjacent Square and now has over $1B invested in Coinbase. Featured image from SuperCryptoNews, chart from TradingView.com
More rules are coming for the cryptocurrency space, according to SEC Chairman Gary Gensler.
submitted by /u/cryptobriefing [link] [comments]
The NFT features writing from a teenage Steve Jobs years before he helped found Apple Computers.
Hello Mooners, I was randomly scrolling and saw a post with like 10 comments, 4-5 are from users without Moons’s Vault! They most likely don’t know that Moons exist, so when you see a a user without without any number near his name, that means no Vault. Send them this link to open the Vault:…
Read more
