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Tag: decentralized

  • Solana, Filecoin unite to boost decentralized data storage

    Solana, Filecoin unite to boost decentralized data storage

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    Solana (SOL) and Filecoin (FIL) have announced a collaborative effort to enhance the infrastructure for decentralized data storage. 

    The agreement brings together two influential entities within the digital ledger technology sphere. Solana will incorporate Filecoin’s decentralized storage solutions, aiming to improve data redundancy, expand scalability, and bolster the network’s security protocols. 

    Tapping into Filecoin’s decentralized storage capabilities is part of Solana’s goal to decentralize data storage and make the network’s block history more readily available to its users, including developers and data analysts.

    Excitement within the crypto community has been palpable following the announcement. Anatoly Yakovenko, the co-founder of Solana, took to X to express his enthusiasm, and praise Filecoin for creating a decentralized archive layer that will serve as the bedrock for the integration. 

    Market reacts with mixed signals

    In financial news related to this collaboration, Filecoin’s market value experienced a notable uptick, with a 7% surge preceding the official announcement and an overall weekly increase of approximately 14%, per data from CoinGecko.

    Filecoin 7-day price chart | Source: CoinGecko

    Moreover, the Filecoin platform has attracted considerable attention by adopting a substantial client base. By introducing Ethereum-style smart contracts through its Filecoin Virtual Machine (FVM), the company suggests a positive uptake in its decentralized storage offering.

    Meanwhile, Solana’s native coin, SOL, took a slight hit, experiencing a decline of 3% on the day the news was disseminated.

    Solana’s ecosystem has expanded recently, with nearly $2 billion in total asset value reportedly locked on its blockchain.

    This growth has occurred despite short-term negative fluctuations in value, and the outlook for the blockchain remains a topic of interest among investors and analysts.

    Both platforms have encountered their respective challenges. Filecoin has had to navigate the repercussions of a security classification by the U.S. Securities and Exchange Commission (SEC), while Solana has recovered from instances of network downtime. Such events have seemingly yet to deter the ambition of these projects to push forward in the dynamic landscape of blockchain technology.


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    Julius Mutunkei

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  • Everus Goes Consumer-Centric With Debit Cards and Hardware Wallets

    Everus Goes Consumer-Centric With Debit Cards and Hardware Wallets

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    Everus steps up security and usability.

    Press Release
    –


    updated: Dec 27, 2017


    KUALA LUMPUR, Malaysia, December 27, 2017 (Newswire.com)
    –
    Everus Technologies Sdn Bhd, a fintech company based in Kuala Lumpur, Malaysia, recently released the pre-ordering of two new products in their ecosystem Everus World – the Everus Hardware Wallet and the EVR Rewards Debit Card.

    “The increasing number of security breaches in the crypto world recently shows that there are some questionable issues regarding the security of crypto wallets. Are they really safe? We at Everus are confident in our wallet security but we need to be a step ahead to protect our users against hackers out there,” said Everus CEO and Founder, Srinivas Oddati.

    The increasing number of security breaches in the crypto world recently shows that there are some questionable issues regarding the security of crypto wallets. Are they really safe? We at Everus are confident in our wallet security but we need to be a step ahead to protect our users against hackers out there.

    Srinivas Oddati, Everus CEO and Founder

    Although the Everus wallet is currently safe and up to military grade standard of security, the need for additional security is essential in order to be on top of the game.

    “The Everus hardware wallet is a secure EVR storage and transaction signing tool. With the private keys generated by the device itself, keys never leave the hardware wallet and therefore cannot be accessed by malware,” he said.

    Everus is also introducing the EVR Rewards Debit Card, the best option for the usability and spendability of EVRs. With the introduction of this debit card, Everus is strengthening their position as a usable cryptocurrency where EVRs holders can use it like a normal debit card, except it pulls from a cryptocurrency wallet instead of a bank account.

    “They can shop and pay for anything as a normal debit card does. Soon, this exact debit card will also be usable in our ATMs (ALTARS) for EVR holders to withdraw fiat currency,” said Oddati.

    Talking about future expansion plans, Oddati is confident that the demand of EVRs will increase steadily as time goes by. “We aim to make cryptocurrency consumer-centric, not just for trading but to be used as money,” he added, referring to the Everus ecosystem of usable and spendable cryptocurrency which has been the Everus vision since its birth. He also commented although Everus has faced “challenges of epic proportions” over the past six months, it is navigating the tides quite well and is steady on course towards the vision of Everus World.

    The EVR Rewards Debit Card and the Everus Hardware Wallet can be pre-ordered starting from 26th December 2017 by simply signing in to their account at www.everus.org.

    About Everus

    Everus Technologies is a private blockchain solution provider in the fintech industry. The company, established by Founder & CEO, Srinivas Oddati has been actively providing services in Kuala Lumpur, Malaysia.

    For more info visit: www.everus.org & www.everusmall.com

    Follow us on social media:

    Facebook: https://www.facebook.com/everusworld

    Twitter: https://twitter.com/everusworld

    Instagram: https://www.instagram.com/everusworld

    Source: Everus Technologies

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  • ANYBITS Altcoin Exchange Offering Free Trading Until 2018

    ANYBITS Altcoin Exchange Offering Free Trading Until 2018

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    Anybits, a new altcoin exchange that provides an online tool for users to freely trade between a number of different virtual cryptocurrencies, has launched its service to the public

    Press Release
    –


    updated: Nov 5, 2017


    DUBLIN, November 5, 2017 (Newswire.com)
    –
    Anybits, a new altcoin exchange that provides an online tool for users to freely trade between a number of different virtual cryptocurrencies, has launched its service to the public.

    Proudly introduced at Blockchain & Bitcoin conference in Kiev, Ukraine earlier in October, Ireland-based Anybits is an exchange platform for the most popular cryptocurrencies and digital funds such as Bitcoin, Bitcoin Cash, Litecoin, Dash, Ethereum, and many more.

    Powered and managed by established and reputable crypto-to-fiat exchange, Bitsane.com, Anybits is the fastest-growing, real-time altcoin trading platform with a constantly growing list of supported crypto assets.

    Anybits has been designed for optimal accessibility, ease-of-use, and compatibility across all mobile devices for trading whenever and wherever. Deposits and withdrawal on the platform are instantaneous; transactions are lightning fast and users’ registrations are intuitive and simple.

    Users on the platform can enroll in a generous affiliate program that offers them up to 50% referral commission. They will also be provided with margin trading and portfolio diversifying investment options when the platform fully launches.

    In order to properly secure users’ funds, Anybits uses cold storage to protect funds and transactions. Users can also set up additional security measures for their accounts.

    Anybits’​ extensive suite of comprehensive APIs allows developers to seamlessly develop and integrate their own cryptocurrency trading platforms.

    For a limited time only, Anybits offers FREE trading with no transaction fees till the end of 2017. To take advantage of this offer, use the following promotion code at the time of registration: H9F27D1V

    Learn more about Anybits at – https://anybits.com

    Media Contact
    Contact Name: Aidas Rupsys
    Contact Email: support@anybits.com
    Location: Dublin, Ireland

    Disclaimer: ANYBITS 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. ROI cannot be guaranteed. Readers are urged to make investment decisions at their own discretion and the company will not be responsible for the outcome of such decisions. This press release may contain certain forward-looking statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations they are based on will occur.

    Source: ANYBITS

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  • Bitcoin IRA Revolutionizes Retirement Industry With Its Cryptocurrency Based Investment Options

    Bitcoin IRA Revolutionizes Retirement Industry With Its Cryptocurrency Based Investment Options

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    Bitcoin IRA is the only company offering cryptocurrency-based retirement investment portfolios with Bitcoin and Ethereum.

    Press Release
    –


    updated: Jun 28, 2017


    Los Angeles, USA, June 28, 2017 (Newswire.com)
    –
     BitcoinIRA.com, the only company offering cryptocurrency-based retirement investment portfolios, has negotiated first-of-its-kind agreements with leading retirement and cryptocurrency companies to allow customers to invest in Bitcoin or Ethereum with their IRAs and 401ks.

    Bitcoin IRA’s accomplishments with leading retirement custodian Kingdom Trust and leading cryptocurrency wallet BitGo™, represent a first for the industry. Together, this partnership creates a secured multi-signature encryption wallet from BitGo™ that enables Kingdom Trust to provide custodial services with a self-directed IRA.

    The COO of Bitcoin IRA, Chris Kline, said,

    “These are unique set-ups that no other retirement custodian is able to replicate. Our partnership with BitGo and our custom configuration with other partners provides a secure, one-of-a-kind investment opportunity for individuals that can’t be replicated in the marketplace.”

    Bitcoin IRA has been featured in leading publications including the Wall Street Journal, QZ.com, Barron’s, Investopedia and popular Bitcoin publishers CoinDesk.com and CoinTelegraph.com.

    In one of the articles, Drew Pierson from CoinDesk wrote,

    “Cryptocurrency IRAs are no different than IRAs invested in more traditional options like stocks and bonds. The firm Bitcoin IRA is the only option for investors who wish to hold cryptocurrencies in their IRAs directly.”

    Recently, Bitcoin IRA also launched Ethereum IRA, a similar investment product for Ethereum, the second-largest cryptocurrency. The company has been evaluating releasing new cryptocurrencies on its proprietary SDIRA platform, along with new features being driven by demand from existing stakeholders and clients.

    About Bitcoin IRA

    Bitcoin IRA is the only Bitcoin-based retirement investment portfolio that allows people to invest with actual bitcoins for their IRA or 401(k). The platform works with leading fintech professionals to provide secure, high-quality Bitcoin investments.

    Bitcoin IRA offers both traditional and Roth IRA options, which offer the same tax incentives as regular IRAs and 401(k)s. The company differentiates itself from other bitcoin investment products in multiple ways. Unlike Bitcoin ETFs and investment funds, Bitcoin IRA offers an opportunity for individuals to invest in real bitcoin at a much lower fee. In addition, investors keep total control over their Bitcoin deposits, with no holding fees and the ability to withdraw once the term is over.

    Learn more about Bitcoin IRA and Ethereum IRA at – BitcoinIRA.com
    Bitcoin IRA on CoinDesk – http://www.coindesk.com/traditional-iras-coming-world-bitcoin

    Media Contact

    Contact Name: Kristy Velazquez
    Contact Email: kristy@bitcoinira.com
    Location: Los Angeles, USA
    Phone: +1.877.936.7175

    Bitcoin IRA 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 FDIC and other consumer protections. This press release is for informational purposes only.

    Source: Bitcoin IRA

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  • Ethereum Surges 314% as Bitcoin IRA Delivers Stellar Self Directed IRA Returns to Clients

    Ethereum Surges 314% as Bitcoin IRA Delivers Stellar Self Directed IRA Returns to Clients

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    Press Release
    –


    updated: May 31, 2017


    LOS ANGELES, Calif., May 31, 2017 (Newswire.com)
    –
     Ethereum is $200, and Bitcoin is over $2,300. Both of these digital currencies started small, offering investors a chance at millions for less than $1.

    In just 32 days since the launch of Ethereum IRA, the digital currency also known as Ether rose in value from $48 to its current price of $202, delivering investors a whopping 314% return. Ethereum has piqued the interest of Fortune 500 companies and is considered by many investors and traders to be the hottest altcoin on the market right now.

    “Our clients are ahead of the curve; they are early adopters eyeing a massive opportunity as Ethereum and others become the digitization of efficiency in our common lives,” said Chris Kline, COO of Bitcoin IRA.

    The weekend rise in Ethereum price may have moved lock in step with key partnerships and developments announced over the weekend. Below are the most common reasons that investors cite to justify a $1,000 Ethereum coin:

    The People’s Republic of China wakes up to Ethereum

    China’s leading bitcoin and altcoin exchange, Huobi, announced it would offer Ethereum on Wednesday, May 31st, 2017. Huobi is one of the largest exchange players in China, if not the world. If history is any guide, one just needs to look back to when Litecoin started trading on Coinbase; almost immediately, its value skyrocketed.

    Ethereum and the Trillion-Dollar Freelancer market

    eDEV.one, a remote worker wage payment, and job platform announced its plans to issue a part of its token sale on Danish exchange OpenLedger. Freelancers now makeup 35% of U.S. workers and collectively earned $1 trillion in the past year, according to the Freelancers Union, based in New York City, and the large freelancing platform Upwork, headquartered in Silicon Valley.

    Toyota and MIT Partner to accelerate self-driving vehicles

    Toyota Motor company has announced a tie-up with MIT to utilize blockchain and distributed ledger technology to speed up the development of autonomous driving technology.

    Storj Labs raises millions to disrupt Dropbox

    The leading decentralized cloud storage provider has concluded a token sale for its Ethereum-based application token. The platform met its goal of $30 million in just seven days.

    The fact that Ethereum continues to be adopted by mainstream exchanges, companies, and initiatives signifies its long-term value.

    In Bitcoin IRA’s first year since launch, the company’s innovative retirement platform was featured in the Wall Street Journal, Barron’s and Investopedia for making Bitcoin an easy option for retirement investing. It has also expanded its cryptocurrency offering by adding a secure way to invest in Ethereum as well as Bitcoin.

    About Bitcoin IRA

    Bitcoin IRA is the only Bitcoin-based retirement investment portfolio that allows people to invest with actual Bitcoins and Ethereum for their IRA or 401(k). The platform works with leading fintech professionals to provide secure, high-quality Bitcoin investments.

    Bitcoin IRA offers both traditional and Roth IRA options, which offer the same tax incentives as regular IRAs and 401(k)s. The company differentiates itself from other Bitcoin and Ethereum investment products in multiple ways. Unlike Bitcoin and Ethereum ETFs and investment funds, Bitcoin IRA offers an opportunity for individuals to invest in real Bitcoin or Ethereum at a much lower fee. Also, investors keep total control over their digital wallets, with no holding costs and the ability to withdraw once the term is over.

    Learn more about Bitcoin IRA and Ethereum IRA at  https://bitcoinira.com/

    Media Contact

    Contact Name: Amith Nirgunarthy
    Contact Email:  amith@bitcoinira.com 
    Location: Los Angeles, USA
    Phone: +1.877.936.7175

    Bitcoin IRA 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 FDIC and other consumer protections. This press release is for informational purposes only.

    Source: Bitcoin IRA

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  • Bitcoin Up 300% as Bitcoin IRA Celebrates 1-Year Milestone

    Bitcoin Up 300% as Bitcoin IRA Celebrates 1-Year Milestone

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    Bitcoin IRA superior fund returns along with 100% customer satisfaction in their self-directed cryptocurrency-based retirement accounts

    Press Release
    –


    updated: May 9, 2017


    Los Angeles, Calif., May 9, 2017 (Newswire.com)
    –
     BitcoinIRA.com, the only company offering cryptocurrency-based retirement investment portfolios, has announced its one-year anniversary today. In the first year since launch, the company’s innovative retirement platform has been featured in the Wall Street Journal, Barron’s and Investopedia for making Bitcoin an easy option for retirement investing. It has also expanded its cryptocurrency offering by adding a secure way to invest in Ethereum as well as Bitcoin.

    Bitcoin IRA is the first and only company to offer cryptocurrency-based IRAs for investors, allowing them to hold actual cryptocurrencies in a retirement account. Unlike traditional ETFs and investment plans, investors in  Bitcoin IRA and Ethereum IRA continue to own their cryptocurrency even after the end of the IRA tenure, allowing them to freely distribute it.

    Combining its innovative product with a strong bitcoin price trend and excellent customer support, Bitcoin IRA has achieved an extremely high client satisfaction rating, receiving an average of 5 out of 5 stars on review platform Birdeye.

    “We’re extremely proud of what we’ve accomplished with Bitcoin IRA,” says Chris Kline, COO. “Our commitment to listening to our clients has helped us grow month after month, and continually offer new, innovative ways for investors to save for retirement.”

    Recently, the team behind Bitcoin IRA also launched Ethereum IRA, a similar investment product for Ethereum, the second-largest cryptocurrency. The company has been evaluating releasing new cryptocurrencies on its proprietary SDIRA platform, along with new features being driven by demand from existing stakeholders and clients. 

    Chris Kline continues:

    “We’ve only scratched the surface of cryptocurrency and blockchain technology in the retirement space. Projects currently under development are driven by our clients and designed to drive mainstream crypto adoption ahead.”

    About Bitcoin IRA

    Bitcoin IRA is the only Bitcoin-based retirement investment portfolio that allows people to invest with actual bitcoins for their IRA or 401(k). The platform works with leading fintech professionals to provide secure, high-quality Bitcoin investments.

    Bitcoin IRA offers both traditional and Roth IRA options, which offer the same tax incentives as regular IRAs and 401(k)s. The company differentiates itself from other bitcoin investment products in multiple ways. Unlike bitcoin ETFs and investment funds, Bitcoin IRA offers an opportunity for individuals to invest in real bitcoin at a much lower fee. In addition, investors keep total control over their Bitcoin deposits, with no holding fees and the ability to withdraw once the term is over.

    Learn more about Bitcoin IRA and Ethereum IRA at https://bitcoinira.com/

    Media Contact

    Contact Name:  Amith Nirgunarthy
    Contact Email:   amith@bitcoinira.com 
    Location:  Los Angeles, USA
    Phone:   +1.877.936.7175

    Bitcoin IRA 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 FDIC and other consumer protections. This press release is for informational purposes only.

    Source: Bitcoin IRA

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  • Groundbreaking Crypto Start-Up, Internet of Coins, Launches Fundraiser on OpenLedger DC

    Groundbreaking Crypto Start-Up, Internet of Coins, Launches Fundraiser on OpenLedger DC

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    Press Release
    –


    updated: Mar 17, 2017


    Pandrup, Denmark, March 17, 2017 (Newswire.com)
    –
    Internet of Coins (www.coinstorm.net) will launch their fundraiser on the OpenLedger Decentralized Conglomerate (DC) on March 21st 2017, in celebration of the first day of spring. Until the launch, investors can join the early bird offer and receive a 5% discount.

    Essentially a wallet, Internet of Coins is a secure way to store cryptocurrencies and smart contracts, and trade them without centralized exchanges. With an easy-to-use interface to manage multiple coins and assets, users of Internet of Coins need no advanced technological knowledge to work with cryptocurrencies. Furthermore, the platform acts as an interface to smart contract systems, decentralized communications, and distributed notary functions.

    Existing wallets will need no changes or adaptations to have their blockchains and value systems connected to this decentralized network.

    Internet of Coins gives users the option to exchange currencies with anyone in the world, without dependency on a centralized third party. Compatible with every currency available, users can receive, send and swap, making fluid trades of value from and to any blockchain available.

    The official token of the Internet of Coins platform, termed HYBRID, serves two main purposes. First, it provides a coherent store of value across multiple blockchains, diversifying risk. Second, it serves as the vehicle to swap value between the different chains they are registered on. This will allow users to exchange value without the need for a centralized external third party.

    HYBRID tokens will be freely tradable after July 1st, 2017.

    Joachim de Koning, Founder of Internet of Coins, explained, ‘From July 1st 2017, we will release the tokens to fundraiser participants. Tokens will be released on the user’s blockchain of choice. Due to the hybrid nature of the token, it can be used on multiple blockchains.’

    ‘We are inviting people to join us for our Livestream event, http://bit.ly/2mLX9eX, on March 20 at 6pm GMT where we will be presenting our platform and answering questions.’

    The idea of Internet of Coins was conceived during the summer of 2014. It aims to create a decentralized, self-sustaining economy by implementing inter-blockchain connectivity.

    De Koning continued, ‘Our goal is to make every cryptocurrency autonomously part of a large swarm of decentralized economic activity. We want to do this by enabling every cryptocurrency user to create hybrid assets that interconnect value systems and blockchains. The source code to make this possible will be open source, non-commercial and freely available, to enable the impartial establishment of the Internet of Coins.’

    Ronny Boesing, CEO of OpenLedger, says, ‘The Internet of Coins is a great way for interlinking all digital forms of value in one place. Because you can swap digital assets and currencies, peer to peer, you also have the incredible opportunity to earn fees by participating. What we also love about Internet of Coins is the ‘easy to use’ interface which allows users existing wallets to be adapted with no changes or adaptations. In my opinion, this innovation is a need-to-have tool for crypto traders.’

    Media Contact

    Siim Õunap/Aviva Pearson
    siim@openledger.info/aviva@openledger.info
    Phone: +372 556 07 289

    EDITOR’S NOTES:

    The OpenLedger Decentralized Conglomerate (DC) is the world’s first blockchain powered conglomerate, allowing multiple organizations to join forces and directly invest in each other’s successes, reaping the benefits of cross-promotion throughout the entire network.

    LINKS:

    Website: www.internetofcoins.org
    Early Bird registration: https://coinstorm.net/en/terms
    Twitter: @internetofcoins
    Learn more about OpenLedger: www.openledger.info

    OpenLedger 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.

    Source: OpenLedger

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