Coinidol.com - Bitcoin, Blockchain and Fintech Outlet

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Police Warns Users of New Deadly Ransomware Scam & Urge Not to Pay the Bitcoin Ransom

A new deadly virus known as Dharma is seriously infecting computers (PCs) and servers by encrypting and locking files, which can only be successfully unlocked via a Bitcoin payment, responsible authorities warned on October 16, 2018.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/police-warns-users-of-new-deadly-ransomware-scam/

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CDRX — Blockchain Technology in the Traditional Securities Market

CDRX.IO is a platform that will bring blockchain technologies into the traditional stock market. CDRX is a decentralized platform that integrates security tokens tied to real assets of companies.

Each security token is a CDR (Crypto Depository Receipts). Thanks to the CDR, each token has the same rights as shares (bonds) — the right to receive dividends, vote, etc. All operations will take place with pairs of security-tokens linked to shares and other cryptocurrencies on their own CDRX exchange. There will also be added securitized cryptocurrencies such as: ETH, BTC and XRP.

Read more: https://medium.com/@Vladar49/cdrx-blockchain-technology-in-the-traditional-securities-market-43a6c5263734

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Korean Startup M2O Gets Patent for Tokenizing Bonus Points

A Korean startup M2O developing a solution for applying the technology in loyalty systems hasn’t been left unnoticed. It has been announced that it recently received the Certificate from Korean Intellectual Property Office. The certificate was granted for ‘the method for mileage integration and real asset capitalisation using integrated platform of FinTech and blockchain’. In other words, M2O now has a patent for their platform that allows customers to exchange points with cryptocurrency tokens and use them for goods and services of various merchants affiliated with the project.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/korean-startup-m2o-gets-patent/

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The Ethereum Foundation Releases 4th Wave of Grants, Total Awards are Over $3 Million

The Ethereum Foundation has announced the fourth wave of grants offered to 20 various people and entities behind the Ethereum (ETH) blockchain technology, in a press release on Monday, October 15, 2018.

The overall amount of the grants is more than $3 million, and the largest grant worth $500,000 were awarded to Prysmatic Labs and Status, as per the press release. Both firms are pushing to create the Ethereum 2.0 ecosystem first disclosed by Vitalik Buterin, co-founder of ETH in November last year.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/ethereum-foundation-releases-4th-wave-of-grants/

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Rwandan Government to Label & Track Conflict Metal Tantalum with Blockchain Tech

The government of Rwanda is currently considering tracking the supply chain of the metal tantalum, used in consumer electronics, with distributed ledger technology (DLT). The effort targets to reassure investors over interests on conflict minerals.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/rwandan-government-to-label-track-conflict-metal-tantalum/

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Five Risks Related to Cryptocurrency Investing you Must be Aware Of

Digital currencies attracts more and more attention from investors. They are keen on the young developing financial market, however, potential investors still lack ground knowledge of the field. Before investing your money in crypto, you should consider the many risks associated with virtual coins, payments, and tax implications.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/five-risks-related-to-cryptocurrency-investing/

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Bitcoin Volume Nears Annual Low Again as Crypto Market Loses Over $5 Billion

Over the last two days, trading volume of Bitcoin has dropped considerably from more than $5 billion to $3.8 billion, and is rapidly approaching ts annual low.

On CoinCap.io, ShapeShift’s cryptomarket data provider, the volume of Bitcoin (BTC) stays at nearly $2.54 billion. When the volume of Bitcoin falls by nearly 15% in the coming days, then that means that the new annual low could automatically be hit.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/bitcoin-volume-nears-annual-low-again/

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Crypto Anti-Money Laundering Regulations by International FATF Impending

The Financial Action Task Force (FATF) heralded plans to propose effective rules regulating digital currency ideal with its world AML/CFT standards. This effort is cogged towards exterminate the use of cryptocurrencies for financing terrorism activities and money laundering.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/crypto-anti-money-laundering-regulations-impending/

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Xsolla Adds Mobilego (MGO) as a New Payment Method for Developers and Gamers Globally

MGO becomes the first-ever altcoin to be accepted on Xsolla, one of the world’s largest payment processors with a staggering reach of 500+ million users! To say that being a permanent part of Xsolla’s 700+ payment methods opens a new revolutionary chapter in the token’s history will be a huge underestimation. This dramatically transforms the very nature and scope of MGO and gives it powers that it could not have imagined before and that other alternative coins could only envy.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/xsolla-adds-mobilego-mgo-as-new-payment-method/

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Japanese Government to Significantly Simplify Crypto Taxation

A full committee of tax experts in Japan which is responsible for giving advice to the government on taxation issues has called for the loosening of the country’s digital currency tax filing process.

The exercise is currently convoluted and a change is needed to improve accuracy and compliance. The committee conducted a meeting last week where the suggestion to change the latest crypto tax filing system was debated.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/japanese-government-to-significantly-simplify-crypto-taxation/

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IBM & Visa Partner to Tip World Payments Using Ethereum Technology

Visa has just announced it has partnered with IBM ahead of the commercial release of B2B Connect, its DLT-powered world financial payments platform.

At its anticipated roll out in the Q1 next year, Visa will have merged its significant assets with the proprietary IBM DLT Platform, which IBM developed using open-source ETH blockchain (DLT) technology.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/ibm-visa-partner-to-tip-world-payments/

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Coinidol.com Entered Top 5 Of The Best 50 Cryptocurrency Blogs
https://kingofinvesting.com/top-cryptocurrency-blogs/

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Reason Why Bitcoin ETFs will Change Crypto Industry

Notwithstanding that the most recent round of Bitcoin (BTC) ETF denials by the US SEC are absolutely an obstruction, once launched, crypto ETFs will essentially change the game for digital currency.

To properly know how the rollout of a BTC ETF could affect the Cryptos price, it’s useful to do a comparison to gold-linked ETFs. In the year 2003, the price of gold powerfully soared following the introduction of the first ETF.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/reason-why-bitcoin-etfs-will-change-crypto-industry/

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Top 3 Crypto Analysis: Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP), CryptoMarket Demands More Stable & Reliable Coins

Another day without any technical newness for the Bitcoin (BTC) against the US dollar. Amidst the storm unleashed by what seems to be an ongoing liquidation of the USDT, the connection between BTC and the US dollar stays solid and doesn’t mirror any vast variation in value.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/top-3-crypto-analysis/

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Prepaid Cards for Buying Bitcoin From GetCryptoPoints

Bitcoin gains popularity every day and the number of its owners is growing. In 2017, the rate of the crypto-coin updated the highs almost every month. In 2018 — we are still waiting for the “winter race” and it is coming up.

GetCryptoPoints is the easiest and most profitable way to buy Bitcoin on the market today. All you have to do is to buy the prepaid card, as you did a long time ago to replenish the phone numbers, to prepaid the Internet, and at any time convert the prepaid amount to Bitcoin or any running altcoin, for example, ETH, LTC etc.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/prepaid-cards-for-buying-bitcoin-from-getcryptopoints/