Category Archives: cryptocurrency

CryptoProfile Announces New Platform Set to Revolutionize the Cryptocurrency Industry

CryptoProfile Press Release

Bitcoin Press Release: CryptoProfile is developing a platform that will address current problems surrounding ICO’s in the crypto sphere. The platform will provide legitimate token generation events the opportunity of pitching to contributors in a risk-averse manner.

22nd of January, 2019, Singapore – In present times even among genuine ICOs, over 80 percent are likely to fail. Some fail because of poor technical execution of the idea, while others are based on business models that are doomed to fail. It is also common to find many utalising the same idea which indicates some lack of originality in the industry. In a growing cryptocurrency industry, this presents a problem for backers who are afraid of backing cryptocurrency startups and genuine startups that lack adequate financing to become successful.

CryptoProfile tackles this conundrum by developing a platform where legitimate token generation events have an opportunity of pitching to contributors in a risk adverse environment. CryptoProfile does due diligence on behalf of the backers on the platforms to ensure that they participate only in the ICOs with the highest likelihood of success.

How does the Due Diligence System Work?

Before CryptoProfile accepts an ICO to be listed, proper due diligence has to be done. The due diligence considers the viability of the business with regard to the ability to address legitimate problems and the saturation of the market it targets. The team behind it will be reviewed to ensure that the members are legitimate. Other aspects reviewed include the technical soundness of the project, the utility of the coin and adherence to regulations.

Any ICO projects that want to be listed on the CryptoProfile platform will be required to pay $100k for marketing. In exchange, CP tokens of the same value will be allocated to the startup and locked in an escrow account for six months or until the native tokens of the startup are listed on an exchange. The startup will then be required to allocate 10 percent of their tokens to CryptoProfile.

CryptoProfile will distribute the 10 percent received through an airdrop to CP token holders to stimulate interest in the community for the startup. As a result, those who hold CP tokens will be rewarded by receiving airdrop tokens every time an ICO startup is implemented into the platform. If the CP token holders like the startup, they can further support the project through the CryptoProfile platform.

There are two benefits of this airdrop system. They include:

Discovery of Cryptocurrency Gems –The due diligence conducted by the CryptoProfile team before onboarding an ICO startup ensures that only the best ICOs will be listed on the platform. This provides a more effective way of uncovering cryptocurrency gems. This saves the backers from losses from scams or ill-conceived ideas.

Startups get Capital and Exposure – The approach provides legitimate cryptocurrency startups with an opportunity to raise the capital they require to develop their platforms. They also get an opportunity to market themselves to the contributors who are holders of CP tokens.

CryptoProfile’s Unique Selling Point

The most endearing feature of CryptoProfile is the adoption of a Novel Economic Model that is a viable improvement over the blind trial and error approach that has been used. Instead, the platform creates a consolidated airdrop platform where token sale projects can pitch to potential contributors. On the other hand, backers are protected from scams that identify the true startup gems in the cryptocurrency market. The airdrop system provides financial incentives for CP token holders to market the ICOs listed on the platform.

CryptoProfile is a viable platform that will make token sale contribution safer for those who want to participate while giving genuine startups an opportunity to raise funds from their ideas. Join the revolution by getting involved in the Presale or main token sale.

The Presale runs from January 1st to 31st while the token generation event is to start from February 1st until the soft cap or hard cap is achieved. Participants will be rewarded with early bird discounts within the pre-sale period.

Exshell Exchange and MUXE have given full support and funded CryptoProfile. The founder of MUXE, a Real Estate Blockchain Platform is Jaimy de Vries. The founders of Exshell are ex Huobi vice CTO Raymond Shen, and CMO Hugo Hu.

In just a few months, the platform will be launched, and CP holders will be at the forefront of receiving airdrops from the best cryptocurrency startups in the market. Don’t be left out. Support the token sale and become a top contributor.

To find out more information, visit CP website: https://cryptoprofile.io
Connect on Facebook: https://www.facebook.com/cryptoprofile
Follow on Twitter: https://twitter.com/cryptoproglobal
Chat on Telegram: https://t.me/cryptoprofile
Get the latest updates on Medium: https://medium.com/cryptoprofile
CryptoProfile ICO Explainer Video: https://www.youtube.com/watch?v=j5FDmaC2IXg
CryptoProfile Youtube Channel: https://www.youtube.com/channel/UC2njk8tr7
CryptoProfile’s ICO Ratings on ICOmarks 8.3/10: https://icomarks.com/ico/cryptoprofile
CryptoProfile’s ICO Ratings on ICObench 4.7/5: https://icobench.com/ico/cryptoprofile
CryptoProfile’s ICO Ratings on Cryptototem 8.8/10: https://cryptototem.com/cryptoprofile-cp
CryptoProfile’s ICO Ratings on TrackICO 4.8/10: https://www.trackico.io/ico/cryptoprofile/
CryptoProfile listed in Coingecko: https://www.coingecko.com/en/ico/cryptoprofile

Media Contact
Contact Name: Jaclyn Lim
Contact Email : jaclynlim@cryptoprofile.com
Contact Position : Co-Founder & Editorial of CryptoProfile
Contact Mobile Number : +65 9685 1385

CryptoProfile is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all. Token sales are only suitable for individuals with a high-risk tolerance. Only participate in a token event with what you can afford to lose. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

The post CryptoProfile Announces New Platform Set to Revolutionize the Cryptocurrency Industry appeared first on Bitcoin PR Buzz.

Source: Bitcoin PR Buzz

Large Indian Bank Clamping Down on Cryptocurrencies

One of the largest banks in India is asking its users to consent that they won’t be using their accounts to trade Bitcoin or other cryptocurrencies. The bank also asks for authorization to immediately shut down an account if it’s associated with digital currencies. 

Things Are Not Looking Good in India

On April 6th, the Reserve Bank of India (RBI) ordered all regulated financial institutions to refrain from working with cryptocurrency-related businesses of any kind.

The move was met with a swift response from the industry which challenged the order. However, a few months later, on July 3, the Supreme Court of India upheld the ban, delivering a heavy blow to the entire field.

It wasn’t long before this took its toll on the industry. In October, India’s very first Bitcoin ATM was shut down and both of the founders of the company which operated it were arrested.

In December, Live Bitcoin News reported that the country is allegedly planning to end its statewide cryptocurrency ban. Purportedly, the Government has created an interdisciplinary committee which is figuring out ways to legalize and regulate the cryptocurrency industry instead of banning it straight away.

However, a month later, one of the country’s biggest banks has also gone against crypto.

HDFC Jumps on the Anti-Crypto Bandwagon

A Twitter user CryptoIndia YT (@Cryptoindia) shared that HDFC has requested users to confirm that they won’t use their bank accounts for trading Bitcoin or any other cryptocurrency.

Additionally, the bank has also requested its clients to “authorize the bank to close the above account without any further notice if it is observed in future that transactions have been carried out for Bitcoin/virtual currencies.”

HDFC is currently the third largest bank in India and it has around 89,000 employees throughout its branches.

What do you think of HDFC going against cryptocurrencies? Don’t hesitate to let us know in the comments below!

The post Large Indian Bank Clamping Down on Cryptocurrencies appeared first on Live Bitcoin News.

Source: Bitcoin News

Binance CEO Thinks the Cryptocurrency Market is Undervalued

The CEO of the world’s largest cryptocurrency exchange by means of traded volume – Binance, holds that the current state of the market is undervalued. 

Cryptocurrency Bear Market a Stretch

Speaking at the Binance Blockchain Week in Singapore, the CEO of Binance, Changpeng Zhao, shared his thoughts on the current state of the industry.

According to him, the market is currently undervalued because its pricing doesn’t seem to factor in the ongoing development and interest attested to it.

There are more people in the industry, there are more people working in the industry, there are more people attending conferences, there are more conferences going on. The builders are building, we are seeing a lot more development in the space, so I actually think that we’re probably overshooting on the lower side, but again I could be wrong, this is mass technology. – He said.

It’s worth noting that a recent Diar report revealed that cryptocurrency exchanges marked a record year in 2018, despite the plunging prices.

2017’s Bull Run Also Overshot

It’s worth noting, however, that Zhao also seems to believe that 2017’s unprecedented bull run was also a bit of a stretch.

I believe… at the end of 2017, there was definitely an overshoot on the price side… There was a lot of guys rushing in, very simple projects with very simple whitepapers. […] Then of course as everybody rushed in…once that massive rush-in finishes the price declines. – Zhao noted.

2017 saw most of the cryptocurrency skyrocket, as the entire market reached a capitalization upwards of $800 billion. Bitcoin (BTC) was trading upwards of $20,000.

2018, however, hasn’t been so favorable. The market lost almost $700 billion of its capitalization while its forerunner is currently trading at around $3,500.

What do you think about Zhao’s position on the current state of the market? Do you think it will pick up in 2019 or will we fall even further? Don’t hesitate to let us know in the comments below!

Images courtesy of Shutterstock

The post Binance CEO Thinks the Cryptocurrency Market is Undervalued appeared first on Live Bitcoin News.

Source: Bitcoin News

3 Cryptocurrency Trends in 2019 from 3 Industry Experts

Three industry experts have recently provided their take on what the trends in the cryptocurrency field will be in 2019. Let’s have a look at three recent predictions regarding the market and the trends to follow from popular industry experts. 

Equity Capital Raising in ICO Projects

Paul Veradittakit, a partner at prominent cryptocurrency investment fund Pantera Capital, observes an emerging trend amid blockchain-related companies – they are raising funds by selling shares instead of issuing more digital tokens.

A bunch of companies that raised capital using the initial-coin-offering structure either have managed their treasury poorly or realized that they haven’t found a strong use case for their token — they are in need of more capital and to raise an equity round. – He said.

It’s worth noting that Pantera Capital’s CEO – Dan Morehead, said back in August 2018 that Bitcoin’s price would be “much higher a year from now.” In other words, we have about five months to see whether his prediction will come true.

2019 Will See the End of the Bottoming Process

According to Fred Wilson, co-founder of Union Square Ventures, 2019 will be the year where we’ll see the bottoming process end and enter a new bull run.

I expect we will see some bullish runs, followed by selling pressures taking us back to retest the lows. […] I think this bottoming out process will end sometime in 2019 and we will slowly enter a new bullish phase in crypto. – Said Wilson.

However, he’s also predicted that we’ll see a bear market in stocks, dislocations in the leadership of the US, a number of global economic issues, and a weakening economy. Wilson said that cryptocurrencies won’t manage to become a safe haven for any of the above.

Crypto Hedge Funds Will “Suffer”

Popular proponent and notable crypto Twitter personality Anthony “Pomp” Pompliano, founding partner at Morgan Creek Digital, said towards the end of last year that a lot of cryptocurrency hedge funds might start to shut down.

The reasons for this are the incentive fees structure as well as the prolonged bear market in 2018.

According to him, fund managers only receive a performance fee if the net value of the fund is higher than in any previous investment period.

He also added that:

We have seen 50-80% decreases in net asset values in some funds since then. […] This means these fund managers will not receive a performance fee in 2018, which drastically reduces the income of the individual manager.

What do you think of these industry predictions? Don’t hesitate to let us know in the comments below!

Images courtesy of Shutterstock

The post 3 Cryptocurrency Trends in 2019 from 3 Industry Experts appeared first on Live Bitcoin News.

Source: Bitcoin News

Bitcoin PR Buzz Announces January PR Sale with $200+ Discounts

Bitcoin PR Buzz

Bitcoin Press Release: The world’s first blockchain PR agency Bitcoin PR Buzz is pleased to announce price reductions of up to $200 throughout the month of January.

January 14th, 2019 Belize City, Belize, – To celebrate the start of another year for crypto, Bitcoin PR Buzz are offering up to $200 off all PR packages, during January 2019. With over 5 years experience and over 600 clients, Bitcoin PR Buzz has worked with some of the biggest names in the industry including ARK, LISK, and UTRUST.

Bitcoin PR Buzz’s upgraded Bitcoin press release services include guaranteed publication of not just press releases, but also featured articles on BitcoinNews.com, CCN.com, The Merkle,  Coinspeaker, Oracle Times, The Bitcoin News, Cripto Noticias, Criptomoedas Facil, ZYCrypto.com, Bitcoin News Latin America, Brazil, Arabia and Indonesia, and PR publication on 200-400 other online news outlets including Yahoo Finance, Marketwatch, Reuters.com, NBC, Fox, WND.com, Digital Journal, International Business Times, San Diego Tribune, Boston Globe and much more.

New Services

During the winter of 2018, Bitcoin PR Buzz announced two new services, which join their pre-existing offerings:

  • Social Media Management Services –  Covering Twitter, Facebook, and Instagram, your university-trained, native English speaking Social Media Manager will provide analytics and take fortnightly conference calls to keep your message and strategy as impactful as possible.
  • Professional Copywriting Service – Research driven, emotive and engaging copy is Bitcoin PR Buzz’s specialty, and a highly experienced team of writers ensure that work is to the highest of standards.

Bitcoin PR Buzz is also now announcing the ability to secure featured articles and interviews on a range of top-tier mainstream news sites, that are created by industry-leading journalists.

January Discounts

At the end of 2018, Bitcoin PR Buzz reduced package prices by up to $800 and added 200 new sites including Yahoo Finance. In January 2019, Bitcoin PR Buzz is giving clients a further 5% discount on all packages and services which can be paid for in Bitcoin, Ethereum and Litecoin. This means that some packages now carry a $1,000+ lower price tag than this time in November.

For more information please visit the website, or to speak to a London-based Account Manager today, contact the team at contact@bitcoinprbuzz.com.

Follow Bitcoin PR Buzz on Twitter – https://twitter.com/BitcoinPRBuzz
Keep up to date on Facebookhttps://www.facebook.com/BitcoinPRBuzz/
Connect on LinkedIn: https://www.linkedin.com/company/bitcoin-pr-buzz/

Media Contact Details
Contact Name: Alex Thurston, Bitcoin PR Buzz COO
Contact Email: contact@bitcoinprbuzz.com

Bitcoin PR Buzz is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

The post Bitcoin PR Buzz Announces January PR Sale with $200+ Discounts appeared first on Bitcoin PR Buzz.

Source: Bitcoin PR Buzz

ViMarket.io Expands, Rebrands and Reinvents; Welcome to Virse TM, “Connecting the Virtual Universe”, and the ViR Token

ViMarket press Release

Bitcoin Press Release: VR marketplace ViMarket has announced its plans for its new “Virse”, upcoming token sale and Flight Deck VR Lounge Launch at this year’s CES.

11 Jan 2019, Las Vegas, Nevada –  ViMarket Inc has announced its plans for “Virse” ™ and the upcoming token sale of its native cryptocurrency, the ViR (Pronounced Vee-R) or Virtual content Token. This cryptocurrency gives users of the new immersive social gaming and E-Commerce platform, access to experience and participate in a virtual universe of digital content. In addition to this news, ViMarket is featuring their new Flight Deck VR and the CES lounge launch today.

The recent video-game phenomenon “Fortnite” exemplifies the consumer appetite for virtual goods, with players purchasing over $300M USD per month of various items for their characters including virtual clothes, weapons and even dance moves (called “emotes”). This represents just one of the successful MMO (massively multiplayer online) games out there and this sector represents a hundred billion dollar market alone.

Virse allows its users, known as citizens to utilize ViWallet, it’s cryptocurrency wallet to purchase and store its digital currency ViR, which is used within the platform for the purchase of virtual items and assets.

Kant Jain, the former CEO of Viruses predecessor, ViMarket, stated:

“There are numerous reasons that building a blockchain and cryptocurrency based content marketplace is advantageous, cryptocurrency tokens are indestructible and offer the flexibility of allowing our citizens to participate in a real economy, compliant with the prevailing regulations in their jurisdiction”

Unlike traditional in-game tokens, which cannot be transferred between users, or earned and redeemed for real-life (RL) wealth, Virse allows its users to benefit economically from using, consuming, and even creating on the platform. Citizens of the virtual universe can also utilize the ViMarket exchange which allows them to exchange the native tokens of a growing list of independent crypto-powered virtual worlds thereby facilitating the ability to seamlessly travel between their favorite ecosystems.

More details will be released throughout the token sale, the private pre-sale of which commenced October, and culminates in the public token sale, aptly named “The Big Bang”, early next year.

To learn more, and join the Virse TM revolution visit the ICO site, Virse.io

Flight Deck VR Lounge Launch

Virtual reality retail shop Flight Deck VR has attracted over 700 gamers, Developers, and Crypto enthusiasts to its prestigious lounge launch event this January 10th, in Las Vegas, Nevada.

The event is an opportunity for individuals to meet the Flight Deck VR crew and learn about their new uni-VIRSE. Attendees of the event are also invited to game for free all afternoon, enjoy a VIP free cocktail Mixer with music starting at 5 PM, and an opportunity to win Drake tickets.

The event will take place at the amazing Hyper X ESPORTS Arena, a 30,000-square-foot, multilevel Esports stadium. The Arena is designed to host every form of competitive gaming, from daily play to high-stakes esports tournaments, and features a competition stage, 50-foot LED video wall, telescopic seating, PC and console gaming stations.

LIVE game-play of top titles such as Fortnite and League of Legends will be FREE for all

CES Attendees that RSVP. In addition, everyone attending will be able to enjoy Virtual Reality platforms, Retro-gaming Consoles, and a comprehensive menu that sets the arena apart as an unrivaled Esports entertainment experience for both casual and professional gamers.

Attendees can learn from the FlightDeckVR crew as they launch the Virse ecosystem and enable registered participants to have early access to in-game VIR tokens.

Event attendees will all be supporting this groundbreaking vision by offering inhabitants next generation immersive hardware: ranging from entry level VR access to state of the art 3D mobile devices.

Registration Required for both the VIRSE and DRAKE Tickets and Token Opportunity

Learn more about ViMarket – http://www.vimarket.io
Follow ViMarket on Twitter – https://twitter.com/ViMarketDotCom
Vimarket on Telegram – https://t.me/vimarket
Like ViMarket on Facebook – https://www.facebook.com/ViMarket-1899691030045958/
Learn more about FlightDeckVR – https://flightdeckloungeces.com/
Follow FlightDeckVR on Facebook – https://www.facebook.com/freevi3d
Find FlightDeckVR on Twitter – https://twitter.com/freevi3d
Visit FlightDeckVR Lounge – https://flightdeckloungeces.com/drake
LasVegas ESPORTS Arena – https://flightdeckloungeces.com/
Learn more about Wynn’s XS Nightclub – http://www.wynnsocial.com/
To RSVP at Eventbrite – https://www.eventbrite.co.uk/e/flightdeck-lounge-at-ces-2019-virse-launch-party-tickets-54193249468

Media Contact Details

Contact Name: Shaun Saunders
Email: shaun@graffiticreativepr.com

ViMarket is the source of this content. Virtual currency is not legal tender, nor is it backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

The post ViMarket.io Expands, Rebrands and Reinvents; Welcome to Virse TM, “Connecting the Virtual Universe”, and the ViR Token appeared first on Bitcoin PR Buzz.

Source: Bitcoin PR Buzz

Bitcoin Might Replace Gold: Nick Szabo

According to popular cryptographer Nick Szabo, Central Banks might resort to cryptocurrency reserves as means of supplementing national gold reserves. The industry expert also thinks that countries with troubled economies will see an increase in cryptocurrency usage. 

Cryptocurrency Demand to Increase in Failing Economies

Attending the Israel Bitcoin Summit at the University of Tel Aviv on January 8th, Nick Szabo laid down his thoughts on cryptocurrencies and their position in traditional economies.

He holds that Bitcoin, as well as other censorship-resistant cryptocurrencies, will see increased demand in countries where economies are shaken from failing financial practices. The same will happen in countries which have been blacklisted from international trade.

It’s easy to find reason in his words, especially after the events of late.

Just a few days ago, Vladislav Ginko, a Russian university lecturer with ties to the government said that the country plans to invest in Bitcoin in order to circumvent US sanctions.

Because of US sanctions, Russia’s elite is forced to dump US assets and US dollars and invest hugely into Bitcoins. The central bank of Russia sits on $466 billion of reserves and has to diversify in case there are limited opportunities to do it (in the future). – Ginko said.

Better Than Gold

In addition, Szabo holds that Central Banks will eventually turn to cryptocurrency reserves as means of supplementing national gold reserves.

The expert thinks that this will be driven by the lack of trust between foreign governments:

There’s going to be some situations where a central bank can’t trust a foreign central bank or government with their bonds for example. […] One solution that’s been developed is to have the Swiss government hold it for you – that’s not a trust minimized solution. The Swiss government itself is subject to political pressures and so a more trust minimized solution is cryptocurrency.

Additionally, Szabo made another valid point, outlining that gold is technically vulnerable, while Bitcoin, for example – isn’t.

Live Bitcoin News recently reported that central bank innovation will mainly hinge on gold and Bitcoin.

What do you think of Nick Szabo’s position on cryptocurrencies? Don’t hesitate to let us know in the comments below!

The post Bitcoin Might Replace Gold: Nick Szabo appeared first on Live Bitcoin News.

Source: Bitcoin News

QashBack to Launch Southeast Asia’s First Blockchain-Powered Reputation Management & Permission-Based Marketing Platform in 2019

QashBack Press Release

Bitcoin Press Release: QashBack, a Singapore technology firm, is looking to transform the retail and services industries by developing an incentivised reputation management platform that connects consumers, merchants and advertisers for transparent interactions and ease of mind on data privacy issues.

5th of January, 2019, Singapore – With plans to release in Q2 2019, the QashBack platform is set to revolutionise the online reviews market as it leverages on the characteristics of blockchain technology.

Creating a Win-Win Ecosystem for Everyone

Users on the QashBack platform are rewarded with QBK tokens, the ecosystem’s own cryptographic token, for writing reviews, regardless of their bias. This change alone significantly reduces polarisation bias that is inherent in existing online review sites.

With permission from the consumer, merchants can offer QBKs as an incentive to encourage customers to participate in contests, view advertisements or take up a marketing promotion.

Blockchain technology enables QashBack to acquire real and factual reviews for consumers through its immutability and authenticity. All transactions on the QashBack platform are recorded on the Ethereum blockchain, making them transparent, self-executing, not reliant on any single third party for clearing and cannot be removed or edited.

The Qashback Business Model

QashBack has identified several target markets including Wellness/Beauty, Healthcare, Transit, Shopping, Food & Beverage, Travel, Entertainment and Education within the Southeast Asian region.

Earlier this year, the tech startup signed an exclusive partnership with Oriental Mace Group Berhad to tap on its mobile application, MyBeauty, supported by the Malaysian government as part of their national tourism strategy. The portal encompasses over 1,000 beauty service providers and thousands of product suppliers to the beauty tourism industry in Malaysia.

QashBack’s platform will be integrated with Oriental Mace’s application such that merchants and users transact in QBK tokens, and users are rewarded for viewing advertisements and submitting reviews.

QashBack’s partnership with Oriental Mace will generate a critical mass of users and reviews, as well as grow Malaysia’s beauty tourism industry.

QBK Token Sale Details

The estimated receipts of US$18 billion per year will generate sustainable and rapid demand for QBK tokens. Qashback will mint one billion QBK tokens, of which 10% (one hundred million tokens) was made available for public sale on 10th of December 2018. With an opening value of US$0.40 per token, Qashback estimates gross proceeds from the public Token Generation Event will amount to US$36 million. Over US$14 million had been raised during the private sales launched in July, with contributors consisting of high net-worth individuals and institutional backers.

The funds raised will be used to support the growth of Qashback’s ecosystem. These include furthering research and development, facilitating market penetration and business expansion, and financing operational expenses.

Contributors who are looking to trade QBK on various crypto exchanges will get the opportunity to do so from 5th of January 2019 as the QBK token will be listed on UDAX Hong Kong that day. The technology firm also has plans to list in other top exchanges such as Coinsuper, Dobi Trade, Upbit, and LAToken during Q2 and Q3 2019.

To find out more information, visit the website: https://qashback.net
Connect on Facebook: https://www.facebook.com/qashback
Follow on Twitter: https://www.twitter.com/qashback
Chat on Telegram: https://t.me/QashbackICOofficial
Get the latest updates on Medium: https://medium.com/@qashbackofficial/

Media Contact Details:
Contact Name: Chris
Contact Email: social@qashback.net

QashBack is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all. Token sales are only suitable for individuals with a high-risk tolerance. Only participate in a token event with what you can afford to lose. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

The post QashBack to Launch Southeast Asia’s First Blockchain-Powered Reputation Management & Permission-Based Marketing Platform in 2019 appeared first on Bitcoin PR Buzz.

Source: Bitcoin PR Buzz

Multi-Currency Wallet App Quppy Announces Launch of White Label Wallet Payments

Quppy Press Release

Bitcoin Press Release: The Quppy team is proud to announce that white label payment technology is now available on its platform.

Jan 04 2018, TALLIN, ESTONIA – Unique, Multi-Currency, Cross-Platform Crypto-Wallet Quppy, has announced that it now offers users white label technology on its platform. The solution, which can be applied to projects of any type, uses a decentralized white label Wallet from Quppy and Quppy Exchange to accept payments through the system, and buy & sell cryptocurrencies.

The Quppy team can now create a wallet for a client’s own coin or for other coins, regardless of their availability in the wallet. This very unique service allows users the freedom to launch projects based on their own platform, and will even enable the project to display it’s own custom design and logo. Users will also have the ability to add and remove these functions, and additional ones, based directly on their requirements.

The platform remains completely decentralized, so that only the client has direct and unequivocal access to their funds.

Benefit Now

The new system serves to payment providers enabling them to use third-party technologies and support payment acceptance for their merchant customers.The white label simplifies the payment processing for customers.

Fraud Risks Minimized

The new payment gateway offers tools to help fighting fraud. The system protects genuine revenues while reducing the costs and administration associated with fraudulent activities.

Rapid Deployment Time

No need to build anything from scratch. With the white label the client has his own platform ready for action.

Other advantages:

  • the tested core;
  • good for when there’s a lapse of technical experience;
  • a private service for technical development;
  • lower long-term labor cost long term (no shares/equity given);
  • no need to create your own platform.

24/7 support

The multilingual team provides constant support of the project. It also monitors the overall system performance. As the system is multilingual, the project can be translated into multiple languages.

Additional Features

  • use the Quppy promotion experience to be on top;
  • legal support;
  • technical support.

Besides, Quppy opens IBAN accounts in European Banks, EU collection accounts, Virtual IBAN in SEPA. The accounts support SEPA transfers on the territory of the European Union and the CIS as well as other countries.

In the 1st quarter of 2019 it is planned to start issuing corporate cards. Any transaction complies with all safety requirements without exception.

If you have any questions please contact us via support@quppy.com

Learn more about Quppy White Label program – www.quppy.com/whitelabel
Find Quppy on Facebook – https://www.facebook.com/quppyPay/
Follow Quppy on Twitter – https://twitter.com/QuppyPay/
Check out Quppy on Instagram –https://www.instagram.com/quppypay/
Meet the Quppy team on LinkedIn – https://www.linkedin.com/company/quppy/
Read about Quppy on Medium – https://medium.com/@quppy

Media Contact

Contact name: Valeria Mingova
Company: Quppy
Email: milera1@mail.ru
Phone: +79035075487

Quppy is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

The post Multi-Currency Wallet App Quppy Announces Launch of White Label Wallet Payments appeared first on Bitcoin PR Buzz.

Source: Bitcoin PR Buzz

Nvidia Faces Class-Action Suits from Crypto Investors

GPU maker Nvidia is facing several class-action lawsuits from crypto investors who aren’t happy about the company’s massive stock drops.

During the bitcoin boom of 2017, the prices of GPUs went up tenfold as more and more miners aimed to get in on the action. Nvidia – which manufactures GPUs – ultimately claimed that they were “masters at managing” the crypto space and said that any drops in the demand for crypto wouldn’t hurt business.

Crypto Investors Want Their Money Back

Unfortunately, this wasn’t the case. At the time of writing, Nvidia’s stock prices are down roughly 50 percent from where they stood during 2017. Investors have lost barrels of cash and aren’t happy about the end results. Nvidia is now facing several class-action suits from these investors who feel that Nvidia falsely advertised how secure it was and provided misleading information to get new investors involved.

One thing that many investors say Nvidia tried to do was account for its oversupply of bitcoin and cryptocurrency miners by increasing their prices dramatically. Wanting to ensure every miner got his or her wish, Nvidia ordered several extra mining rigs and additional equipment, believing they would be sold without issue to customers. Unfortunately, when the customers didn’t come, Nvidia tried to make up for its overabundant supply of miners by firing their prices up.

The Schall Law Firm – which is representing all investors allegedly wronged by the company – has issued an official statement on the matter and is now searching for investors who may have lost as much as $100,000 or more by putting their money into Nvidia. The statement reads:

The Details of the Suit

“According to the complaint, the company [NVIDIA] made false and misleading statements to the market. NVIDIA touted its ability to monitor the cryptocurrency market and make rapid changes to its business as necessary. The company claimed to be ‘masters at managing our channel, and we understand the channel very well.’ NVIDIA also claimed to the market that any drop off in demand for its GPUs amongst cryptocurrency miners would not negatively impact the company’s business because of strong demand for GPUs from the gaming market. Based on these facts, the company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about NVIDIA, investors suffered damages.”

In total, Nvidia is facing approximately four separate class-action lawsuits on similar grounds.

Do you believe companies like Nvidia are responsible to their investors under all circumstances? Post your comments below.

Image courtesy of Shuttershock

The post Nvidia Faces Class-Action Suits from Crypto Investors appeared first on Live Bitcoin News.

Source: Bitcoin News

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