The Firefox Add-ons Manager will soon display the release notes of updated extensions directly in the web browser.
Mozilla plans to release the new feature in Firefox 68 which is scheduled for a July 9, 2019 release.
Firefox supports browser extensions; users may install add-ons in the browser to extend functionality of the browser or sites visited in the browser.
Add-ons are updated automatically by default whenever a new version is released by the developer or publisher. Firefox users who want more control over the update process may change the default behavior to turn automatic updates off.
Current versions of Firefox, those prior to version 68, don’t reveal update information to the user. Users don’t know what changed unless they visit the extension’s profile page on the Mozilla Add-ons repository, or, if available, the developer’s site provided that release information is published there.
The profile page on Mozilla AMO lists the release notes of the latest version of an add-on. It is possible to click on “see all versions” on the page to display release notes for previous releases.
Starting with Firefox 68, release notes are also a part of the Firefox web browser.
All you need to do is open about:addons in the Firefox web browser, click on one of the installed browser extensions, and switch to the Release Notes tab.
Note that you can also click on the menu icon (the three dots) next to any extension and select “more options” to open the details page of the installed extension.
Release Notes are pulled from Mozilla’s AMO website when they are opened in the browser; it may take a moment to display them because of that. Implementing an option to integrate release notes with releases so that they don’t need to be fetched separately would be a welcome improvement.
The release notes depend on the content that the developer of the extension or its publisher add to the release notes snipped on Mozilla AMO. Some developers provide extensive information, others barely any information at all.
The option to display release notes directly in the Firefox Add-ons Manager is a welcome step in the right direction. I’d like to see an option get these displayed during add-on updates as well to get even more control over the updating process.
Mozilla could implement these optionally and keep the automatic process the default in coming versions of Firefox.
Now You: What is your take on the change? Anything you’d like to see added to it?
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XRP/USD dived below the key support at $0.3800 before finding support at $0.3750.
XRP must resume the uptrend and fight to stay above $0.4000.
Ripple is back in the red in spite of the upward correction witnessed on Monday. The entire market led by altcoins like Litecoin and Ethereum turned back in the green following a weekend of consolidation and exploration of key support areas. XRP/USD, for instance, dived below the key support at $0.3800 before finding support at $0.3750 where a reversal occurred towards the close of the session on Sunday.
XRP/USD 15’ chart
Chart source: Tradingview
The trading on Monday was not mundane at all as the price spiked incredibly above both the 50 Simple Moving Average (SMA) 15’ and the 100 SMA 15’. This rejuvenated the bulls’ presence on the market as they pushed XRP above the 61.8% Fib retracement level with a drop from the previous high at $0.4055 and $0.3695. Further movement north zoomed past $0.4000 but the momentum stalled short of $0.4100 after forming a weekly high at $0.4055.
With the upside limited, XRP started trimming the gains towards $0.4000. A struggle ensued with the bulls battling to stay above $0.4000. However, the bears seem to have overwhelmed them on Tuesday, besides XRP/USD is trading at $0.3940 at press time.
Marginally below the current price, the first support is observed and offered by the above mentioned 61.8% Fib level resistance turned support. Further correction south will find cushion at $0.3850 - $0.3800 (support congestion zone) while $0.3750 will come in handy just like it did in the last weekend trading, particularly by preventing further declines on Sunday.
Also Read: Bitcoin (BTC) Price Analysis: Assaults $8,000 Again as Bulls Awake
The upward movement is immediately hampered by the 100 SMA 15’ at $0.3950. 50 SMA is still holding above the 100 SMA which means that the bullish pressure is still present, for now. However, XRP must resume the uptrend and fight to stay above $0.4000 in order to champion for higher gains towards $0.4100, $0.4200 and $0.4300 short-term and medium-term resistance.
Ripple Key Technical Indicators
RSI 15’: Upward towards 50 average means the bullish momentum still has strength in the short-term.
Key Support Areas: Fibo 61.8% 15’, $0.3850 - $0.3800 and $0.3750.
Critical Resistance: $0.4000, $0.4100 and $0.4300.
General trend: Bullish
The post Ripple [XRP] Struggles to Stay Above $0.4 Amid Rising Crypto Volatility appeared first on Coingape.
Most people, including a few bears, would agree that for the most part, April 2019 began the crypto sector’s journey out of the winter that plagued it since last year. Two or three years ago, the sector wasn’t gathering as much traction as it currently is as in January 2017, Bitcoin was somewhere between $750 and $900 around the middle of the month. In the same period, Ether has also valued a little over a hundred dollars.
In fact, at the time, the entire crypto market cap was about $17.3 billion which is less than 7% of today’s market capitalization. In May of the same year, things generally began to look good as prices began to rise, eventually leading up to December when Bitcoin hit its all-time high of almost $20,000.
What has Changed?
A lot of things have happened in the sector between then and now topmost of which might be Bitcoin’s maturity. While the number one coin, as well as the entire sector, is still considered significantly unstable, Bitcoin has become quite immune to some of the problems that used to plague it.
A few months ago, Binance – arguably the world’s biggest cryptocurrency exchange – was hacked and the criminals made away with $40 million in BTC. A few years back, an event like that would have driven prices down and kept them there for a while but when the Binance news broke, not much changed.
However, the period also came with what many consider the “Death of ICOs” because these offerings didn’t seem as profitable anymore and investors lost a lot of the money they pushed into these new coins.
It’s also important to consider that in recent times, there has been a lot of institutional interest and investment into the sector which should signify a maturity in the entire market and not just Bitcoin.
Apart from the number of major giant companies who are applying multiple crypto solutions to their core businesses, a lot of the world’s central banks are considering Central Bank Digital Currencies (CBDC) with some sovereign states also floating a national digital currency as in the case of Venezuela and the Marshall Islands.
What Can We Tell?
If we’re being brutally honest, there might not be a lot we can definitively tell. However, based on some of the events highlighted above, the number of bullish opinions and analyses based on the numerous positive changes in the market are quite understandable.
At the end of December 2017, the same month Bitcoin hit its all-time high, the total market cap shot past $600 billion even though prices in the market were higher about 2 weeks before the end of the year.
What we can tell right now is that the market is a lot more mature and established than it used to be. Analysts have even said that it’s unlikely we will see a winter colder than we saw last year. Also, the current pullbacks being experienced were already predicted before they even began, which is another point for stability in the market. With all these, it’s likely that a new bull market might be quite sustained even if prices don’t reach $20,000 as they did in 2017.
As trader & technical analyst Rekt Capital (@rektcapital) puts it on Twitter:
“The previous bull market lasted 152 weeks
That’s 1064 days
Almost 3 years
We are only 10 weeks into the new bull market”
The post The Evolution of the Cryptosphere: Will the Next Major Bull Run Last Longer Than The Previous? appeared first on ZyCrypto.
Excerpts from what could be India’s new cryptocurrency bill have been leaked. While local media have made outrageous claims about the details of the bill, industry experts have pointed out numerous flaws and inaccuracies. Meanwhile, the country’s finance secretary has confirmed that the crypto regulation is ready to be submitted to the finance minister for approval.
The Indian government has been working on a regulatory framework for cryptocurrency for over a year. Last week, Finance Secretary Subhash Chandra Garg revealed that the report containing the recommended crypto regulation is ready to be submitted to the finance minister. He heads an interministerial panel tasked with drafting the regulation. The government has not made the details of the report or any draft bill public.
Some Indian news outlets, however, claim to have some knowledge of this cryptocurrency bill. While it is unconfirmed whether the bill they cited is the same one the Garg panel will submit to the finance minister, industry experts have analyzed the excerpts and details of the bill and have shared their analyses.
Two major Indian news outlets have reported that the bill entitled “Banning of Cryptocurrency & Regulation of Official Digital Currency Bill 2019” is the one the Garg panel has proposed. The Economic Times wrote about it on April 26 and Bloombergquint on June 6. However, both publications have been vague about their sources, providing no evidence of the bill’s legitimacy.
The former wrote, “The government has kicked off interministerial consultations on a draft bill to ban cryptocurrencies and regulate official digital currencies.” It cited only “a government official who did not wish to be named” and certain minutes of the interministerial meeting it had reviewed.
The latter publication claims to have accessed the bill and boldly wrote, “India Proposes 10-Year Jail For Cryptocurrency Use…” However, an excerpt of the bill shared by the author of the article suggests that only certain activities are penalized and there is no blanket ban on general cryptocurrency use.
Following his article on Bloombergquint, journalist Nikunj Ohri tweeted excerpts of the bill he claims to be the one proposed by the Garg panel.
One excerpt reads: “Whoever directly or indirectly mines, generates, holds, sells, deals in, transfers, disposes of or issues cryptocurrency or any combination thereof with an intent to use it for any of the purposes mentioned in, or directly or indirectly uses cryptocurrency for any of the activities mentioned in clauses (e), (g) and/or (h) of sub-section (1) of Section 8 shall be punishable with fine as may be prescribed by the central government in the first schedule or with imprisonment which shall not be less than one year but which may extend up to ten years, or both…”
Ohri did not share the most crucial part of the bill which details the outlawed activities despite attempts by many people asking for him to do so. “Why not post the entire document when you have it instead of snippets? For all we know, the ‘activities’ mentioned here could be money laundering, etc., which are prohibited when done with INR too,” a Twitter user replied to Ohri’s post.
Tanvi Ratna, a policy analyst and Blockchain Lead at EY who has worked with the Indian government on several projects, also offered her analysis of this bill.
“From this excerpt, you see clearly that it says that, for activities which are listed out in certain clauses of Section 8, there is a proposed punishment of a fine or imprisonment ranging from one year to up to 10 years,” she began. “So clearly, this is a proposed punishment for some specific kind of activity or intent, that is, for example money laundering. Those punishments are typically harsh … so saying that you get imprisoned for up to 10 years for something like money laundering would not actually be very abnormal.” Ratna reiterated:
The first thing to note is that there isn’t really a blanket ban and imprisonment for 10 years that people are making this out to be.
Crypto Assets Undefined
Ratna further pointed out that “the most important section of any kind for blockchain regulation or policy” is missing in the leaked draft bill shared by the Bloombergquint journalist. “The definition of what constitutes the virtual assets,” such as what is getting classified as a security token or a utility token or which aspect this legislation applies, is the bulk of where the issues lie for crypto regulations globally, she opined. Since “the definition section is empty,” she concluded that this particular draft bill is not ready.
90 Days to Dispose of Crypto Assets
According to Bloombergquint, the bill also requires a person holding cryptocurrency to “declare and dispose it within 90 days from the date of commencement of the act.”
Kashif Raza, co-founder of Indian platform for blockchain and crypto regulatory news and analysis Crypto Kanoon, raised many questions regarding this requirement which the government needs to clarify before the bill can progress. Since the country’s central bank, the Reserve Bank of India (RBI), has banned banks from providing services to crypto exchanges, he questioned how the government expects the people to exchange their cryptocurrencies for rupees.
With the banking restriction, he asked if the government would be encouraging people to conduct in-person cash transactions and how anyone would be motivated to buy crypto assets knowing that they will be made illegal after 90 days. Alternatively, he questioned if there will be government agencies appointed to buy people’s cryptocurrencies at market prices. These are some unanswered questions the government will need to clarify if this requirement were to be enforced.
Raza also questioned how this law can be successfully implemented and how the government plans to enforce it and ensure compliance of 5 million registered crypto users in India after 90 days. He continued to question how practical it would be to put young people who embrace new innovations behind bars and what the government plans to do with Dapps startups since many projects have already gotten funds from banks and investors, elaborating:
If they don’t declare, would the government impound electronic devices of more than 5 million investors? … If they declare, would the government offer to redeem their funds as per market price?
Amending the Money Laundering Act
The Bloombergquint article also notes that “The draft bill proposes to amend the Prevention of Money Laundering Act 2002 [PMLA] to include under its purview transactions like mining, holding, generating, selling, transfer and disposal of cryptocurrency.”
This route of regulating cryptocurrency is not a surprising one. Hatim Husain, co-author of the Cambridge University’s Centre for Alternative Finance report entitled “Global Cryptoasset Regulatory Landscape Study,” previously explained to news.Bitcoin.com how this law could apply to cryptocurrencies.
The use of cryptocurrencies may fall under the PMLA, which carries statutory penalties of up to 10 years imprisonment. “It is possible to regulate transactions in cryptocurrencies, if they constitute money laundering, under PMLA Act,” he remarked. “Nevertheless, the effective application of PMLA to illegal transactions in cryptocurrencies is a grey area since it is unclear whether the reporting obligations prescribed under Chapter IV (Obligations of Banking Companies, Financial Institutions and Intermediaries) of PMLA Act would extend to wallet operators or bitcoin exchanges or any third party bitcoin services.”
He believes that an “Amendment to PMLA is certainly a faster process than introducing a new legislation, but has to meet the rigours of parliamentary approvals in any case,” emphasizing:
Further clarity (by way of amendment or otherwise) is indeed required before the government can effectively regulate illegal cryptocurrency transactions under PMLA.
More Reasons Not to Panic
The Indian crypto community has urged the public not to panic and read media reports with a grain of salt. Raza has shared a number of reasons why the public should stay calm. Firstly, he said that there is very little information about the bill and one cannot understand the bill on the basis of just a few lines posted on Twitter.
Secondly, he explained that there are two kinds of draft bills, private and public, and it is not clear which type of bill this is. Private bills can be prepared and introduced by any member of parliament, whereas public bills have to be introduced by a minister such as the finance minister. He further noted that the latter has a higher chance of getting approved in Lok Sabha, adding:
[The] bill is just a recommendation which may be rejected by the government.
Raza reiterated that this is just a legislative proposal which has yet to be approved, presented and converted into an act. If a bill is passed in Lok Sabha, it will need to be approved in Rajya Sabha and then by the president. Even if the bill is approved by all, he said that its constitutional validity can still be challenged by anyone.
EY’s Ratna clarified that the Garg committee is authorized to prepare a report, provide a set of recommendations regarding India’s crypto regulation, and even draft a bill which ministries are allowed to do. However, the bill will not automatically become law as it needs to go to the finance minister and to parliament to be voted on. Emphasizing that “there is no guarantee that this is the final draft,” the Blockchain Lead revealed that there was a bill “made by a bunch of research assistants who were working with the Minister of Finance and that’s been floating around for a while between departments and there’s not been any action on it.”
Raza similarly suggested that this bill could be an old draft bill that had already been rejected by the government and replaced by a different bill. The media may have gotten a hold of this rejected bill and reported it as the current bill.
RBI Knows Nothing of This Bill
There are discrepancies in the claims made by the authors of both articles. One major such discrepancy concerns the involvement of India’s central bank in drafting this bill.
The Indian government has previously confirmed that the RBI is part of the Garg panel. However, in its reply to a Right to Information (RTI) request filed by Blockchain Lawyer founder Varun Sethi, the RBI denied having knowledge of this bill. Sethi filed the RTI on May 7 and received a reply on June 4. He commented, “RBI has actually stated that they have not received any communication from any department and they have also not given any communication to any government department pertaining to [the] drafting of this bill and this is very surprising,” elaborating:
RBI did not actually propose any ban on crypto assets … [We also asked] did anyone else also propose these things to RBI … RBI said no.
In addition, the Bloombergquint article claims that the bill proposes creating a digital rupee to be legal tender and “would be governed by regulations that will be notified by the central bank under relevant provisions of RBI Act, 1934.” It further states that “The draft bill also grants power to the RBI to notify any official foreign digital currency to be recognised as a foreign currency in India.” If the bill is legitimate, then all these proposals were made without involving the central bank.
India Participates in G20 Crypto Discussions
As speculation grows over what the bill entails, India’s new finance minister, who will soon receive the real crypto bill from the Garg panel, was busy discussing various issues with her counterparts from other G20 countries. Nirmala Sitharaman, formerly the country’s defense minister, succeeded Arun Jaitley on May 31.
The G20 Finance Ministers and Central Bank Governors Meeting was held on June 8-9 in the Japanese city of Fukuoka, ahead of the G20 summit which will take place on June 28 and 29. After several discussions regarding crypto assets, the G20, including India, issued a joint statement confirming that it will follow the standards set by the Financial Action Task Force whose new guidance on crypto assets is expected later this month. The G20 also welcomed work done by the Financial Stability Board (FSB) and the International Organization of Securities Commissions on crypto trading platforms.
The Indian government has cited the opinion of the FSB several times such as in the central bank’s “Report on Trend and Progress of Banking in India 2017-18” published in December last year. A recent FSB report submitted to the G20 meeting over the weekend reaffirms: “To date, the FSB continues to assess that crypto-assets do not pose material risks to global financial stability at present, but that they do raise a number of further policy issues beyond financial stability.”
In addition, the supreme court is expected to hear the crypto case on July 23. Until then, the Indian crypto community has urged everyone to wait for the official announcement by the government without jumping to conclusions.
Do you think this bill is legitimate? Let us know in the comments section below.
Images courtesy of Shutterstock, Bloombergquint, Nikunj Ohri, and the Japanese government.
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Following the close of a big red candle on the weekly chart, many expected the pullback to accelerate and Bitcoin price to fall even further today. Such is the nature of crypto markets that BTC did the opposite and moved back up above $8,000 once again.
As has been typical of Bitcoin price chart patterns, the ‘Bart Simpson’ styled spikes have been quite frequent lately. Another one of these occurred during late US trading sending BTC surging from $7,630 to top out at $8,090 in just two hours according to Tradingview.com.
BTC price, 1 hour candles, Tradingview.com
The six percent surge has wiped out all losses over the past three days and returned Bitcoin to the $8,000 level, which has become resistance turned support once again. During Asian trading, this morning Bitcoin remained just below $8k where it has been rangebound within this channel for the past week.
Bitcoin Resistance Turns Into Support
Trader and market analyst Josh Rager has been looking at the charts noting the next possible places that Bitcoin can go to in the short term.
Support that flipped to resistance, flipped back to support. Still in a channel and need to break above $8200 - closing there would likely lead up to $8700+. $7900 to $8000 has been the most accumulated price range since May 13.
Support that flipped to resistance, flipped back to support
Still in a channel and need to break above $8200 - closing there would likely lead up to $8700+
$7900 to $8000 has been the most accumulated price range since May 13th pic.twitter.com/bTaycMbNXP
— Josh Rager (@Josh_Rager) June 11, 2019
The most likely scenario for the next day or so is more consolidation here. Self-styled ‘chart psychologist,’ ‘Chonis Trading’ has identified a pennant, the end of which could spell the next move.
#bitcoin looking to hold here… $BTC pic.twitter.com/IO66ttJgYE
— Chonis Trading- (@BigChonis) June 11, 2019
Fellow trader ‘The Crypto Dog’ confirmed that nothing really has changed for Bitcoin momentum in a recent tweet.
So far, so nothing. As exciting as today was, bulls haven’t managed to secure a breach past a significant resistance. We’re still much in the same boat as yesterday, more waiting…
There is also a lot of talk about the clear head and shoulders pattern that is forming but has yet to fully complete. These are typically indicative of a trend reversal and could signal a break to the low side and the start of the deeper correction that many are also predicting.
Bearish Candles Can’t Be Ignored
Other confirmation signals would include the bearish candles on the weekly chart that Bitcoinist reported on yesterday. Many are still secretly hoping that the 30% plus correction does finally materialize as it will no doubt provide a huge buying zone for Bitcoin.
Nearly all of the traders and analysts on crypto twitter have at one stage or another said that they would be loading up if BTC ever got close to $6k again. When this happens it will catalyze the next big move upwards keeping the current bull run intact.
Will you be buying Bitcoin if it drops back to $6k? Add your thoughts below.
Images via Shutterstock, Tradingview.com
The post Bitcoin Resistance Turns Support at $8,000 as H&S Pattern Forming appeared first on Bitcoinist.com.
Liracoin Smart Global Payment (SGP) is a project started by the Liracoin cryptocurrency group, which focuses on the goal of creating a smartphone application to pay with cryptocurrencies. It seems not to be a regular exchange or a platform hosting cryptocurrency wallets, but a payment system that incorporates Bitcoin and altcoins.
We researched this through official communications from Liracoin, and through the blogs and forums talking about it. This is what we can tell you about the Liracoin SGP app.
- Liracoin SGP is an application that can be installed on your smartphone to pay in stores that have an NFC (near-field communications)-enabled payment system. Any store with an NFC-compatible PIN pad on their point-of-sale system can accept payments through the Liracoin Smart Global Payment app.
- The Liracoin Smart Global Payment app automatically converts the cryptocurrency of the user’s choice into the fiat currency of the merchant. What seems interesting is that Liracoin SGP eliminates the need for the receiving party to accept a specific cryptocurrency. The user can choose the cryptocurrency to pay with, including Liracoin, Bitcoin, and other altcoins, and the merchant will receive payment in the currency accepted by them. This allows very wide use.
- To exchange from a cryptocurrency to a traditional currency, there is normally a sale and transfer process, which can take time. With Liracoin SGP, this process happens instantly. This is revolutionary because it allows you not to have to convert the cryptocurrencies you hold back into fiat money until the moment you need to spend them. If cryptocurrencies are money, then let’s use them as such without always having to go back to the starting point.
Liracoin will earn income from this app by specifying that all transaction fees will be paid in Liracoin (LIC). This will result in a release of coins in the supply, increasing circulation and decreasing the available units, which will increase the value of the Liracoin cryptocurrency. We still need to know what the amount of the transaction fees of SGP app will be.
This video shows how the beta version of Liracoin Smart Global Payment application works:
The creation of this app is interesting news both for those who have profited from cryptocurrencies and now want to spend them with ease without having to resort to exchanges (especially limiting on large sums) and for those who want to use only cryptocurrencies as money.
There is often talk of an economic revolution powered by blockchain technology. To make it happen, we must move beyond what has been our money up until now. If Liracoin SGP is a way to make this move possible, we will find out in 2020, when it is released. Many people are eagerly awaiting it.
The post What is Liracoin Smart Global Payment App? appeared first on ZyCrypto.
ADN is one of the most promising blockchain ecosystems being brought to market. Introduced as an “Investor-Friendly Cryptocurrency,” ADN can provide a feasible solution to get rid of all the issues and problems that have been haunting initial coin offerings (ICOs) since cryptocurrencies went mainstream.
Despite the announcements and updates, there are many things that we still don’t know about ADN. Many users are aware that ADN is a unique blockchain that has a built-in ICO wallet and complimentary e-commerce ecosystem. But most remain clueless about its platform, from a technology-wise perspective.
To get a better sense of this revolutionary project, we sat down with Tad Einstein, one of the core developers of ADN’s mainnet. He is the Chief Information Officer of ADN, and he is an esteemed colleague of Misha Hanin at DeepDive Technology, where Misha is the CEO.
In a nutshell, what is ADN?
“ADN is the first of its kind, purpose-built Initial Coin Offering platform and cryptocurrency designed to re-instill investor confidence in the ICO process by providing a secure investment and transaction platform.”
What previously-existing technical aspects will be integrated into ADN?
“Being that, ADN is a comprehensive Initial Coin Offering and e-commerce transaction ecosystem. The technical components of the platform consist of a main network which supports smart contracts and advanced business logic, the ADN cryptocurrency which encapsulates all underlying ICO assets into a robust, secure, and flexible unit of trade, and an ICO Wallet in which incorporates secure identity and access management features to ensure funds cannot be accessed by ICO-holding companies except those draws that are approved by the ICO participants.”
How is ADN similar to other platforms?
“Knowing the uniqueness of ADN’s technology behind the scenes, I would say that ADN is not similar to any other platform on the market. ADN has been designed to introduce new standards and levels of excellence surrounding the Initial Coin Offering process and marketplace. The capabilities that we are bringing to market are driven based on need and will revolutionize the ICO process and interactions between investors and project creators.”
How then is ADN different from the others?
“This is an easy one since ADN is a new ecosystem built entirely from the ground up to introduce a better way to fund, run, and transact with blockchain technologies. ADN’s platform introduces a new degree of trust and transparency to blockchain-based projects.”
Your family name is quite famous. Are you, by any chance, related to Mr. Albert Einstein?
“Yes, I am a direct descendant of Albert Einstein’s cousin. Although I had no choice in the process (laughs), I feel very honored to be able to carry my family name and help advance Technology within my areas of expertise.”
ADN is receiving a warm welcome in the cryptocurrency world, and its coin is beginning to be listed on different crypto exchanges, with BitForex being the first. Users will be able to deposit ADN Coin through the platform starting on June 9 at 4:00 p.m. (GMT +8), while it will be made available to pair with Bitcoin on June 10 at 4:00 p.m. (GMT +8).
In celebration of this listing, BitForex is currently holding a trading event wherein top 100 ADN traders will share a pool of 10 million ADN Coin and $10,000 as rewards. A total of 1 million ADN Coin will also be distributed evenly to all participants who will be able to trade at least 50,000 ADN Coin during the event period.
The event runs from June 10 at 5:00 p.m (GMT +8) until June 24 5:00 p.m (GMT +8). For more information on this event, please visit the BitForex website.
Also a few days ago, esteemed cryptocurrency news outlets like CoinTelegraph and CCN published ADN’s official press release, wherein the platform made pledges to empower developers to create and implement cutting-edge tokenized projects through its mainnet, which is what Mr. Einstein is developing, together with CEO Ron Lim, Co-CEO Jon Ban, CTO Misha Hanin, to name a few. Dubbed a “Powerful ICO Security Platform,” ADN will be the first of its kind to launch an investor-oriented mechanism programmed to safeguard the interests of the investors when they invest in ICOs and other crypto projects based on its platform.
To know more about its technology, you may visit the website at www.adncoin.com and read the whitepaper. You may also join ADN’s official channels:
Ripple has been in the forefront working to bring cryptocurrency to the mainstream, pushing for institutional adoption not just for its native token XRP but for all digital assets. But now the Fintech crypto and blockchain adoption crusader may encounter a formidable force of Visa and Western Union partnership.
On Monday the 10th of June, the New York Stock Exchange, announced an agreement by two giants in the payment processing industry, Visa and Western Union. This agreement indicates collaboration between the two.
It states that Western Union will implement Visa’s real-time 1 push payment platform, known as Visa-direct. This integration will bring speed and accuracy to cross border payment processing.
Visa is interested in enhancing international payment processing. Activating Visa Direct one will enable Western Union to offer customers a faster remittance service onto cards. Customers will be able to receive and send money in a seamless and transparent manner, on the new platform.
According to the global head of push payments at Visa, Bill Sheley, the two financial technology companies are coming together to implement growth in the cross-border payment processing, to both businesses and consumers. The estimated reach is more than 200 countries and 130 currencies.
He further stated that this collaboration of the leading payment processing industry leaders will create exceptional value and better experience to receivers and senders across the globe.
Speaking on the aim of this collaboration, Jean Claude Farah, the executive vice president at Western Union, stated that it will combine the best of the two companies, leveraging on their large retail network to provide a world-class payments platform. It will enable the customers to transact on a fast and user-friendly platform that will allow them to transfer funds into millions of account across the globe.
Ripple has been able to strike SWIFT’s performance in cross-border payment processing but this partnership may be a tough nut to crack. The collaboration aim is set on the same objective Ripple is trying to achieve, which is making cross-border payment processing a better experience.
The two giants already have a large network, but Ripple’s hope will only lie on the blockchain technology and its ability to process transactions faster, at a cheaper rate. This collaboration is really threatening for Ripple.
The post Will Visa and Western Union Collaboration Weaken Ripple From Pushing for Institutional Adoption? appeared first on ZyCrypto.
The reports of ‘fake trading volume’ on cryptocurrency exchanges were seen as a deceptive practice employed by the Exchanges to increase the marketability of their Exchange. The method is harmless as it mainly involves ‘wash trading,’ however, the volume data accentuates the actual volume and is unethical as well.
Recently, a report on Dapps (Decentralized Applications) reiterates the same practice but on the Blockchain itself this time.
AnChain.ai performed the analysis on the ten largest Gambling Dapps on the EOS blockchain. Gambling DApps dominate 65% of all EOS DApps transaction volume. Games account for 12%, Marketplace for 7%, various uses for the remainder. According to the results of the analysis on the top 10 EOS Dapps by AnChain.ai,
“We are able to determine that blockchain bots contributed to 51%of unique accounts and 75% of transactions, equivalent to roughly $6 million in transaction volume, daily!”
AnChain.ai Report on Top 10 EOS Dapps
The implication of these Bots
Bots are being employed to increase the marketability of a Dapps by boasting with numbers. Nevertheless, the numbers projected are dupped and false. Hence, it creates a lot of problems for regulators, interested entrepreneurs, and trade analyst to assess a particular blockchain.
Nevertheless, the practice has been followed since the internet revolution, when bots were or instead are being used to increase the visibility and user-base of a website. According to estimates, 40% of the internet traffic alone in 2018 was generated by bots.
However, cryptocurrency enthusiasts are driven by transparency in the system, which is being compromised by the unethical marketing attempt.
The analysis was performed on a small group of Dapps on the EOS blockchain alone. Including Tron and Ethereum, together they recorded 2,600+ Dapps, 253K users, and $43 million in daily volume as of April 22, 2019. The actual presence of Dapps and Web3 browsers is also hardly relevant in the current world. Hence, the crackdown on the reported volume will reflect the real stand of the cryptocurrency markets.
Do you think that the reported Dapps data would negatively affect the prices? Please share your views with us.
The post EOS DApp Analysis Finds 75% Bot-Generated Transactions; Do Tron and Ethereum Practice the Same? appeared first on Coingape.
Win+X Menu Editor is a free software program by Happy Bulldozer to change the Windows-X power menu of the Windows 10 operating system. Version 3.0 of the program was released recently; reason enough to take another look at it.
Tip: Check out our extensive customize Windows-X Menu guide for additional information.
Windows 10 users who invoke the Windows-X menu get options to launch a selection of advanced tools and common tasks when it opens. They may open Computer Management, PowerShell, or the Event Viewer from the menu directly, run searches, programs, or shut down the system.
Some of the tools of the menu may never be used, however, and options to customize the Windows-X menu is a common request. That’s what Win+X Menu Editor offers.
Note: The menu helped me several times when Microsoft broke the Start Menu functionality in Insider Builds. Start would not open anymore but Windows-X did. I used it to open tools, run commands, and shut down the system.
Win-X Menu Editor for Windows
Win-X Menu Editor can be run right after you have extracted the archive it is distributed as on the system. The program is compatible with Windows 8 and Windows 10 systems only, as those are the only two systems that support the Windows-X Menu.
The application separates the tools and links of the menu just like Microsoft does. To remove an item, you’d simply select it using the mouse or keyboard, and activate the remove button afterward. Note that there is no confirmation prompt but an option to restore the defaults in case you want to start with a default menu.
Apart from removing, it is possible to add programs and groups to the menu. Activate “add a program” to add a new item to the selected group. Win-X Menu Editor lets you pick any executable program on the system and a selection of presets including Services, Control Panel items, and Administrative Tools.
Another feature of the application is the option to change the sort order of items. Just select an item and use the up and down arrow icons to move it up or down in the menu.
A click on “Restart Explorer” in the program interface applies the change to Explorer. You may then test the new menu functionality and go back to the drawing board to make further changes. A restart of the PC is not required to apply the changes, but you can restart without restarting Explorer as it will have the same effect.
Win+X Menu Editor is a useful program for Microsoft’s Windows operating system to edit the Windows-X Menu of the Windows operating system. You may use it to customize the menu, e.g. to remove items that you never use or replace them with programs and tools that you use regularly.
Now You: Do you use the Windows-X Menu?
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