Bankera Q&A #7 News

 

1) When will BNK tokens be registered on CoinMarketCap and listed on exchanges?

We aim for BNK tokens to be listed on exchanges in the 2nd quarter of this year. BNK tokens will be listed on HitBTC and SpectroCoin, as well as on Bankera’s exchange once it is live. Other external exchanges are not out of question, however, the main focus remains on the development of our own exchange. Once BNK tokens hit other exchanges they will also be listed on CoinMarketCap.

Read Also: USDT Market Renamed to USDⓈ Announced Binance

2) Will you be utilizing the NEM network for BNK tokens and its transactions?

First, we aim to finalize the BNK ERC223 source code, which we aim to do in the 2nd quarter of this year. That will allow our token holders to withdraw their BNKs as well as claim their weekly commission via the Ethereum Smart contract. Once the ERC223 source code is finalized, BNKs will also hit exchanges. Also, once the ERC223 source code is finalized, our IT team will focus on supporting BNKs as NEM Mosaics as well.

Read This Full Article: Bankera Q&A #7 News

USDT Market Renamed to USDⓈ Announced Binance

Binance in its latest announcements has renamed Tether Market (the USDT) to be USDⓈ or a Stablecoin Market. According to this report, the Cryptocurrency Exchange giant aims to back trading pairs in the category of ‘stablecoins’.

Earlier Binance had also reported that there shall be a listing of Blockchain company which goes by the stablecoin USD Coin or the USDC (from Circle) besides supporting PAX and TrueUSD or TUSD from Paxos.

Also, check: Ohio accepts Bitcoins for Business Tax Payments

What is USDⓈ? How is it Different from the Earlier Version of Tether?

One of the most important aspects that one has to keep a note of is the fact that USDⓈ is not going to be another of a stablecoins hence, there is no headache there; instead, it is a new symbol for the stablecoin market from the house of one of the major crypto exchanges: Binance.

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Ohio accepts Bitcoins for Business Tax Payments

Ohio seems to be one of the first states to have agreed for business tax payments to be carried out in Bitcoins, a Cryptocurrency which has seen quite some unrest in recent times.

Pay Business Tax in Cryptos

As a matter of fact, a strong reason compelled Josh Mandel, State Treasurer and his department to look into cryptocurrency payment. One of the reasons here is: crypto payments are not only transparent but also secure. Finally, the cost of these is also at the lower end.

Also, check: KuBitX ICO Review

With these and many similar characteristics of Cryptocurrency Payments, it was time for the officials to okay tax payment in bitcoins. Moreover, with cryptocurrencies, none can transfer the amount to third parties, thereby eliminating fraud altogether.

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Bitcoins Fall Below $4,000, all time low! Will it Recover?

Bitcoin’s price went below $4,000 sending shock waves across the crypto world. Earlier, some reports stated that bitcoin would not fall below $4,000 however last weekend saw something else with cryptocurrency collapse worsening and still coming back a little.

Also, Check: MUXE ICO Review

No Stability in Digital Currency Prices

Some experts believe in the saying that nothing is constant and hence whatever is happening to digital currency cannot be said for sure, as in what shall be the exact price of cryptocurrencies and Bitcoins in particular.

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Users can now Own Crypto Exchange!

If we go by the latest reports, then it says that there is a new crypto exchange, which is going to be 100% owned by the users. Transaction costs are mostly on the rise affecting both traders and investments in a certain way. Therefore, it was about time for a hybrid community to have sprung up and showcase a ‘digital asset exchange’ benefiting every person involved in it.

Also, check: Poseidon ICO Review

What is this Digital Asset Crypto Exchange?

The all-new user owned crypto exchange is being built on a democratic exchange platform, this is what gives itself an edge over others. Users can by putting in to use ‘DAREX Hybrid Crypto Exchange Platform’ would be able to trade Securities as well as Utilities.

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Blockchain Development Promoted by Andhra Pradesh Government, India

A Collaboration of Tech Mahindra and Government of Andhra Pradesh to Look Forward to!

In the West, Blockchain has to a great extent crept itself into numerous fields yet there are many instances where it did not go up to its expectation. An individual shall be surprised to know that research is still going on as to how can one make use of Blockchain and its related stuff for the betterment of the society or ease of doing business.

Also, check: Bitfinex and Ethfinex

However, it looks like Government of Andhra Pradesh is going to beat the likes of West to emerging a winner when the question is about the usage of ‘Blockchain Technology’ in real time.

As we write this article, Andhra Pradesh Government from South India has collaborated with a top Information Technology company, Tech Mahindra to check out various avenues where Blockchain Technology can be put to use. In fact, the South Indian Government has already initiated the process of Blockchain for maintaining ‘land records thereby having an edge over others (now let that be the West or the rest of the Indian States!)

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Bitfinex and Ethfinex Add Stablecoins to their Cryptocurrency Exchange

Stablecoins seem to take over most of the cryptocurrencies and we can say this because Cryptocurrency exchanges are moving towards roping in their stable coins in their exchanges. For starters, a stable coin is another set of cryptocurrencies wherein price volatility effects are minimized to a great extent.

Also, check: Plaza System ICO Review

Bitfinex and Ethfinex Back USD Stablecoins

Recently, there was an announcement made according to which Bitfinex, a Cryptocurrency Exchange along with Ethfinex have decided to extend support to four more stable coins in their trading list. These stable coins are supported by USD and this is the reason for both Cryptocurrency trading exchanges to enter in an agreement with them.

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A complete list of Bitcoin Forks till date

A fork basically means an upgrade/update to an existing software/program/code in order to add some changes in it. Such changes are also done to the blockchains of cryptocurrencies like Bitcoin. The developers decide to fork the existing code and bring some changes to it. The miners are asked for the changes and upon their agreement, they start making the changes. Depending on the changes, a fork can be of two types:

Also, check: Top 10 Websites to Earn Ethaream for free

1) Hard Fork

2) Soft Fork

1. Hard Fork

A Hard Fork is a big change in the rules of a network which doesn't share its consensus with the entire network and thus making a completely new network/chain and leaves it to the community to decide whether to accept the new rules and use the new network/chain or stick with the old rules and keep using the old network/chain. The new set of rules makes an entirely different blockchain which does not accept nor validates any transactions from the old blockchain. Anyone willing to use the new rules or changes will have switch from old to new.

Hard forks on Bitcoin resulted in creating new cryptocurrencies with their own running networks and nodes. These are Bitcoin Cash and Bitcoin Gold.

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Top 10 Websites to Earn Ethereum (ETH) for Free

Ethereum (ETH) is one of the most famous cryptocurrencies in the crypto universe. Proposed (in 2013) and released (in 2015) by Vitalik Buterin, Ethereum had become one of the highest valued cryptocurrencies in 2017, when it reached a price value of over $1400. Although not so high in price anymore, but it is still the 2nd highest cryptocurrencies by market capitalization, with a market value of over $21b is present.

Also, check: Top 5 Ways To Earn Litecoin for free

After Bitcoin, Ethereum is considered to be the most precious cryptocurrency that every like to have in their portfolio. People love to earn Ethereum just like they love earning Bitcoin in different ways. Though it gets difficult to earn something if there is an extremely large audience working for the same thing, there are always ways to get something if only you have the time and dedication to do it. Today, we are going to talk about 10 websites that can be used to earn Ethereum. So, let's get started

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Top 5 Ways To Earn Litecoin for Free

Litecoin is a P2P decentralized cryptocurrency and an open-source software project released on October 7, 2011, by Charlie Lee. It was a fork of Bitcoin Core client hence an identical spinoff of Bitcoin with only a few differences, like the block generation time which is 2.5 minutes for Litecoin while for Bitcoin it is 10 minutes. It also has a different hashing algorithm than Bitcoin which is SHA-256 for Bitcoin and Scrypt for Litecoin.

Also, check: Plaza System ICO Review

Litecoin is one of the oldest and most famous cryptocurrencies of all time, and when something is famous, everyone loves to have them. So, we are going to discuss 5 ways of getting Litecoin in this article.

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Plaza System ICO Review - A next-generation b-commerce platform

Introduction

Plaza System is a platform that provides sellers or businesses a next-generation b-commerce (blockchain-based commerce) infrastructure with the fastest blockchain ever existed for business very big or small. And it provides buyers or consumers a platform that enables them to reduce the high costs they pay in commerce platforms usually.

Also, check: Poseidon ICO Review

Total eCommerce is the platform that contains MerchantChain, which is the blockchain providing extremely fast transactions with a speed of over 15,000 tps (transactions per second) and allows the businesses to build their own decentralized applications on top of it, and The Freedom Lifestyle, which has all other functionalities of the ecosystem like the browsing, searching, payment tools etc.

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Poseidon ICO Review - Carbon Footprint emission reduction platform

Introduction

Poseidon is a blockchain-based platform that allows individuals to take part in bringing positive changes in climate by allowing them to give donations to emission reduction projects when they buy a retail product of any kind. The donations will first be converted to OCEAN tokens which are then used to buy Carbon Credits which will be used in the emission reduction process of Carbon Footprints of the product they just bought.

Also, check: Datafund ICO review

The process is done through AI (Artificial Intelligence) methods backed by blockchain technology.

The platform uses Stellar blockchain. An API called Horizon is used to interact with Stellar's blockchain which allows building hundreds of different applications out of the blockchain which can perform any complex task that can fulfill the requirement of the industry.

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Datafund ICO Review - A protocol for safe storage & exchange of data

Introduction

Datafund is a distributed app and a protocol that guards, stores and provides the safe and provable exchange of personal data. The data or information shared between the parties is anonymized or only shared on a need-to-know basis as per the agreement between the parties.

As based in Europe, Datafund aims to implement a new regulation protecting individuals in EU, called General Data Protection Regulation (GDPR) which is considered to be the strictest regulation to protect the privacy of individuals and provide them a way to reclaim their data.

Also, check: Ethershift ICO Review

Implementation of blockchain technology will be the ultimate solution to provide individuals total control over their data and providing them a decentralized exchange of data without any interference of third-parties or any censorship of their data.

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Ethershift ICO Review- The easiest ERC-20 token exchange

Introduction

Ethershift is an exchange platform that provides a very easy and quick exchange of ERC-20 tokens to its users at the exact market rate with only the trading fees. The platform lets the token holders exchange their tokens at the very early stage after the end of a project's ICO, and it lets the ones willing to invest in a project whose ICO they missed and they don't want to wait for it to get listed in an exchange.

Also, check: BitcoinBing ICO Review

Ethershift token holders will have the chance to get a share of the 50% revenue Ethershift earns through the transaction fees which is airdropped to the users after each quarter.

The exchange process is very simple. A user gets a special address for any token they want to receive in exchange of the tokens/coins they are willing to send. The users then send any amount of tokens/coins to that address, and in return, they receive the equivalent of the token asked in the wallet they have sent the tokens/coins from.

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BitcoinBing ICO Review - A decentralized cryptocurrency exchange

Introduction

BitcoinBing is a uniquely-constructed decentralized cryptocurrency exchange that provides features to its users that no other cryptocurrency marketplace has ever provided. Its key features, like Customizable interface, Peer-to-Peer trading concept and Powerful trading engine which can handle up to 1,000,000 order per second, makes it totally different from its competitors around the trading ecosystem.

The platform allows its ICO investors to trade on the engine without paying any transaction fees which means that if you are an investor of BitcoinBing's ICO, you are free from transaction fees on the platform, and also, you would receive additional bonuses over time if you are one of the holders of Bing token.

Also, check: NODVIX ICO Review

The platform is for users coming from any race or any part of the world no matter where they are from or what their language is. BitcoinBing is a multilingual platform which means that unlike other exchange platforms, it is not limited to only one or a few countries, but it will be available for users from any corner of the world.

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