CreditBit Discusses Proof of Pawn/Trust in its Latest Update

Creditbit, the MIT/X11 licensed cryptocurrency project, just updated the crypto community about its distribution mechanism on Bitcoin Talk. The update talked about how one of the key attributes of the newly minted CRBIT coins is that Creditbit has to tackle the problem of minting and distribution of newly minted coins on their own. And how they want to keep the currency and its management transparent and based on democratic principles. Further, the update discusses the three Minting Processes involved in minting CRBIT coins – Migration, Proof of Pawn/Trust Distribution Mechanism and Dev&Promo Funds. You can read more about the minting processes here. Proof of Pawn or Proof trust is a concept. The term itself is up for vote as Creditbit wants the community to...

SimpleFX – Tread Forex Waters Using Bitcoin

SimpleFX is one of the most popular and advanced Forex trading website which offers the biggest leverage options on the market. It is amongst the many Forex brokers accepting Bitcoin, giving the Bitcoin holders protection against Bitcoin volatility . SimpleFX is also one of the best trading platforms for crypto users. The site features a total of 60 currency pairs, alongside instruments from indices, commodities, and precious metals market. There are 15 base currencies out of the said currency pairs, which also includes Bitcoin and Litecoin. The platform relies on award-winning third-party companies like MetaTrader 4 and WebTrader for an amazing trading experience for all its clients. SimpleFX  in a bid to meet the varying requirements of traders when it comes to...

Trump and Brexit Make Bitcoin an Appealing Option for Investors

Trump and Brexit Make Bitcoin an Appealing Option for Investors

In a highly eventful program of events for economy watchers, last week saw UK prime minister Theresa May announce that Brexit was going to mean the UK leaving the single market, Trump being inaugurated as the 45th president of the United States, and the European Central Bank announcing that there would be no change in interest rates and no dialling back of current quantitative easing measures. All but the latter were events that have had an impact not just on the currencies that relate to them in the forex markets, but also investments into other things – especially ‘safe haven’ commodities like precious metals, which also saw a huge rise in investment when Brexit was first announced. Bitcoin and ‘Interesting Times’ So how does this affect...

ChronoBank makes a strategic partnership with instant exchange service Changelly

ChronoBank, an ambitious project aimed at disrupting the short-term recruitment sector by connecting employers with freelancers on a peer-to-peer basis, has announced the integration of the Changelly app within its main wallet software. ChronoBank’s ICO is currently ongoing, with around $3 million already raised. The key to the project’s operation is Labour Hour (LH) tokens, which will trade freely on the open market and will be the native unit of currency that companies use to purchase labour from professionals. Because these are linked to labour costs in each token’s originating country, they are also expected to provide an excellent store of value – an inflation-proof asset that will be attractive to long-term investors and traders wanting to park funds...

Simplefx is the Way to go for all your Trading Activities

Simplefx , one of the leading trading platforms for cryptocurrency users, features a total of 60 currency pairs, alongside instruments from indices, commodities, and precious metals market. It offers trading with cryptocurrencies like Bitcoins, Litecoins, etc. It is one of the most favoured Forex trading platforms in the Bitcoin ecosystem, and one of the first choices for Bitcoin holders wanting to start their forex trading activity. Simplefx was established in 2014 and perhaps is one of the first CFD brokerage companies to have understood the need for anonymity, that’s why they allow their customers to enjoy the pleasure of being able to trade in the world markets in a completely anonymous way. SimpleFX offers a professional trading environment from a...